10 Stocks To Watch, Only Freddie Mac (FRE) & Fannie Mae (FNM) Really Interest Me

Posted by timothysykes on Thu 10th of Jul, 2008 09:22:26 AM

You really gotta understand how slaughtered people are getting right now—illiquid positions, leverage and a lack of joke of an industry transparency have combined to create the perfect storm….just ask John Devaney whose one awesome fund just went under.

Just like yesterday afternoon, today I have a full day of meetings with advertisers, partners, etc—don’t whine, you don’t need me to say when you should trade, if you’ve watched my PennyStocking DVD enough, you know EXACTLY what patterns and variables to look out for…and if I do these deals, I’ll finally be able to concentrate fully on trading/blogging…pray for me.

Not many pumps for me to short, just less predictable oil movers like FPP, HYGS, QTWW, blehhhh, I’ll take a good pump and dump any day of the week, but the pups go into hiding during market crashes…that’s the only reason why I care if this economy/market collapses—it influence pump and dumps!

Remember the other day when I featured FRE and FNM HERE as perfect breakdowns? Yeah well, those two stocks are influencing the entire market right now considering they account for half the $12 trillion market in home loans…educate yourself with THIS article—if they fail, say hello to Dow 10,000 and below (good, we could use a nice cleansing of all the dumb real estate money)!

Quest Minerals & Mining Corp. (QMNM) I missed this news runner yesterday afternoon, gotta love those pure hype day trades, don’t ever believe it’ll continue, better to play it safe.

Altair Nanotechnologies, Inc. (ALTI) definitely reserve shares to short as this one has short squeeze or dump, or short squeeze then dump, written all over it…lots of traders watching, already shorted, it’s good to be late to the party on these, less risk.

Akorn, Inc. (AKRX) is up on an actual contract, I don’t like shorting companies with meaningful news

GIGM had a nice afternoon fade yesterday, should dump this morning for quick gains, support at $12 cost of missing an afternoon trading although I mentioned what to look out for repeatedly throughout the day so lots of TIMalert subscribers are in on this…but I’m not sure how aggressive you should get on this, only up 30% off its low, I prefer 50%+

SMSI/ABAT both dumped, good for 50 cents, doubt there’s much more, classic scalps, not worth my time/capital, maybe though a good pattern for you to learn to short.

ABK/RDN also both faded in the afternoon, but of course, they’re finance related…I hate these kinds of real companies cuz they’re news influenced instead of just simple supply/demand caused by stock promoters and con artists…is it too much to ask for some good ole manipulation for us to profit from the legal way (through Short Selling those scams!)

That’s it, not gonna write about all the dozens of other plays with imperfect technical setups/variables…

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  • Id watch apple man its gonna tank
    (Shameless plug) I just wrote an article about it http://tfpoi.com/2008/07/09/im-calling-it-the-i...
  • lmsmith
    FRE AND FNM--- I mentioned short since Tuesday- if not on here- in the trading chat room--

    LEH- down the drain- shorted this at 27 on June 17th-

    PMI- played long in the morning- and shorted in the p.m -- hell of a trade
  • donnacap
    I missed TMS
  • bestdeception
    Jay, that is a pretty shameless plug. Give me your reasons. Your "article" (don't think it can really be called that since there are no facts) doesn't highlight anything that would account for AAPL's demise. Does the fact that the iphone is launching in 22 countries tomorrow, and 70+ by the end of the year factor into your numbers? Give me reasons, not opinions. My opinion is that your blog will get no diggs or hits today, but I have no facts. JMO.
  • bestdeception
    Tim, do you really allow shameless plugs and spammers to post on your comments?? Admins anyone?
  • Best deception, I dont want people who have no information already at their fingertips reading my blog, im just informing people that the massive demand that occured with the orginal iphone is showing in physical existance not to be there with the new iphone and that could mean something nasty short term for the stock.
  • bestdeception
    Jay, O2 sold out in less than an hour online. That's huge. I guess we shall see. If only there was a way to make a wager other than by being long or short of AAPL.
  • I got one, if im wrong, ill buzz my Jew-FRO on livestock, tommrow, if im right, you do it.
  • YngvaiMalmsteve
    No good plays out there today. This is one of those days to take the day off of trading.
  • vo
    Too bad the iPhone G3 didn't come out when everyone recieved their $600 stimulus checks. Mine is long gong. LOL.
  • bestdeception
    If only I had a fro, but mine's already pretty close, so that wouldn't be fair. We won't know tom. how many phones were sold worldwide. We're gonna have to wait at least a couple weeks, if not until October, but I can assure you it will at least be 500K, closer to 1 mil. Think of the channel fill necessary to stock 22 countries. For reference, AAPL sold 280K last year in 1 country. 500K should be an easy number. Hope you aren't short.
  • Adam
    Tim- im up 22.1% in the past month w/ your methods! that's before todays gains too. and its all on covestor :)
  • havingsomefun
    Hey everyone. For those penny stockers in the group, recall I commented on trends/charts for AKYI yesterday. Was a day early. Was mostly flat yesterday, but now up 20% on the day. Clear blue sky upon a break out of $0.025. Now at $0.22. Company on record stating that significant sales release coming. Interesting technology. Sure, there's hype in these bottom-dwellers, but I see a good chance for a strong run near-term. I welcome any thoughts/comments.
  • YngvaiMalmsteve
    The big problem with AKYI is volume/liquidity. A few million shares traded per day on a 2 cent stock isn't very much. And you can't do a large order with a play like that because you'll have a hard time getting rid of your shares if it doesn't go your way. Sure, you can do a small order, but for me, with Thinkorswim, I'm still paying a pretty hefty commission for 10,000 to 50,000 share buy orders. I'd only pay $9.95 commission if I did a 5,000 share buy order, but that's only $100 for a 2 cent stock. If it goes up 50%, I've made $50. Big deal. That's not worth it to me with a $6000 account.

    The risk/reward ratio on that play isn't very good.
  • blackflaggedbytheSEC
    aaahhhh shit- minimum equity call- black flagged by the SEC- this is bullshit. Does anyone know, if I open an account at another brokerage, is this gonna catch up with me? I have been killin' em that last few weeks and the thought of 90 days without day trades is like 90 days of pure torture, especially in a short seller's paradise like this!!!
  • Pumacom
    VVUS breaking out again... could be in for a dollar run
  • chasdabigone
    CALP trying to break 3.40 its on if it does
  • yaktipper
    Covestor miscalculated my return -- should have been +6% yesterday not -10%!!!! I've seen others complaining of calc bugs but I've never seen it that far off before.

    What's the best way to get money into your Paypal account -- I need enough for TimAlerts but never transfered any into my own account. Do you have to do it through the credit card you have attached to PP or can you link a bank account to PP.
  • Tim you noted the FRE/FNM falls quite accurately a few posts ago, but who knew they'd continue their fall! Looks like some sort of bottom-less free fall going on with FRE espesssheeally
  • YAKTIPPER what up my Covestor buddyyyy??
  • Get Shorty..... Reloaded
    oh come on gigm !!
    would you just fall????
  • yaktipper
    Ben ben ben!

    Disciples of Tim are taking over Covestor! I'm envisioning half the top rankings being Sykesian within a year.
  • brent
    yaktipper: you can attach your bank account but that will take time. They validate that way. Or, just attach the CC and that should be easy enough. U should be able to navigate on the site and get all that done.
  • Get Shorty..... Reloaded
    GIGM 5 min bar looks like a downsloping triangle, lower highs, 12.50 and 12.48 base....let it go baby.... let it go...
  • Oswald2001
    For PayPal...do CC first.

    They 'migrated' me to my bank account after a few months.

    I was not allowed to stay with my CC forever. Only a few months.

    I signed up a few years back. Could be different now.

    YMMV
  • JimJones
    hey guys this is a tad bit off topic but... i need some advice
    im fairly new to investing (been doing it for one year so far) and yesterday my portfolio took a 20% hit because of a dumb play in hygs. now i dont have a lot of money to play with, only 1000 so in order to maximize profits i kind of have to put my eggs in one basket.

    But... im writing this to you guys asking for some opinions on what you would do if you only had 800 to play with and how can i recover my 20% lose safely.

    i'm a little shook on the market as a whole right now and am having a hard time pulling the trigger on anything. some advice/guidance would be highly appreciated
  • yaktipper
    Thanks brent and Oswald! PP site is hard to navigate for setting those options -- took me 15 minutes just to find the credit card link page where you enter the verifiation code -- thanks for the info.

    JimJones, follow Tim and watch what he does. It's safe in the sense that odds are with you, and you will have more winners than losers. Any traditional financial advisor would say it's highly risky, but the people that listen to them have lost more than you.
  • Oswald2001
    JimJones,

    IMO,


    Sign up for a Think or Swim PAPER MONEY account.

    After you can trade successfully for 3-6 months with PAPER MONEY...think about a real money account.

    And....CUT YOUR LOSSES QUICKLY.

    Glue yourself to the screen to watch your plays.

    Establish a mental stop or hard stop and STICK TO IT.



    The good new is, losses are part of the learning process.
  • glad i highlighted this freefall in FRE/FNM, now i just gotta back it up by shorting some shares into that pattern!

    awesome adam

    yatipper, just add a credit card

    yes, we will dominate covestor, there's no single strategy for small accounts that performs better with as little risk than pennystocking

    jim, never try to make back losses, u just dig yourself into a deeper hole...wait it out, this is a tough market
  • brent
    tim: still looking for my validation for alerts site.
  • Tony Ellis
    Sold all remaining shares of GETG @4.50. It may go higher but I'm on vacation and can't keep watching.
  • getshorty
    Sing with me..

    I don;t wanna wait in wait for your fall...
    I Don't wanna wait in vain for your fall... GIGM
    I don't wanna, I don;t wanna, I don't wanna wait in vain..

    This is taking long to break 12.47.. Considering take half of my gains here
  • brent
    just seems to me that the 'govnm't' can just come in and prop up fre and fnm... just seems a little risky to me.
  • brent relax, meetings galore, it hasnt even been 24 hours...got lots of subscribers all to activate manually cuz motherfuckers who havent paid are trying to get in, we're validating u now
  • yeah yeah tony ellis, u closing in on $200k yet?
  • yeah GIGM is a real company, friggin moves slow as hell, fuck that, find a fraud
  • brent
    thx, tim
  • Tony Ellis
    not yet...I was holding GETG in my IRA. 11,500 to 35,000...300% return in account.
  • getshorty
    love you Tim, there she goes GIGM at 12.40 ... closed for a modest 240 gain. But pretty excited since my small profits get on getting more and more consistent, the time of bringing out the big bucks may be close.

    Some Hot Fraud anybody?
  • Pumacom
    Tony, nice work with GETG... I'm still bitter at Scottrade for not filling my order at 3.15... restricted share BS and by the time my order went in we were already at 3.20 and I lost interest
  • trainerdave
    Tim you think your some stock wizard and your just a punk kid that got lucky back in the bull market days then got handed your ass when you tried to dance with big boys. Failed fund=stock teacher sign me up teach me how to lose my money please. Pump and dump stocks are gonna crash and I should short them wow what an idea your a genius. Your just as bad as the trash pump and dumpers you talk shit about.
  • trainer douche--buddy, i never claimed to be an expert, just ane xperienced PROFITABLE & TRANSPARENT day trader...i agree its sad that i have a business, but its the sad reality that this industry is so full of BS, anybody who's honest and has learned/implemented a few lessons/rules/patterns over the years can really make it big...i encourage others to do the same, put me out of business...until then, i'll keep cutitng through all the BS, wasting time answering assumption-making, fact-lacking haters like yourself.

    PS is it luck that i'm up 70% over the past 7 months even while writing/blogging/teaching/speaking/vlogging/publishing/making trading mistakes/detailing everything openly? no, its called experienced trading. suck on it douchebag
  • PS trainderdave, look at cramer's following, he's right about 50% of the time...i'm about 70%...extrapolate out a few years....cant wait for my thousands of students to continuously prove u wrong...after all, who the fuck cares how i do, as long as my services are valuable to others, i'll do just fine.
  • lakhanin
    "never try to make back losses"

    great advice tim!
  • yaktipper
    Getting some popcorn to watch the Tim vs trainerdave show.
  • trainerdave
    Anyone can predict that a pump and dump garbage stock will tank its not rocket science. Garbage company goes up for no reason I can tell ya 100% of the time it will go down. Not only that all your groupies follow your trades you should be up 70%. No one in the whole industry takes you serious and you talk trash about Cramer thats not even arrogance it's stupidity. Please don't even put yourself in same sentence as him. Reality check buddy you sell your book on your own garbage website his is on best seller lists.
  • LOL trainer dave, if ANYONE could predict these pump and dumps, then why do 90% of traders lose $? tell me why if its sooooo bovious to everyone, why is there demand for my blog/book/dvd/alerts? why oh why would anyone need to see me be right 70% of the time when they could be right 100% of the time? i dont get it myself.

    u're right, i shouldnt put myself int he same sentence as cramer, his percentages are waaay lower than mine...gimme a few years, i got 20-30 years of everyone on this industry and i'm just getting started....

    PS my book will never be on bestseller lists, its printon-demand aka higher margins, 6000 copies sold, 1,000 more and its a "bestseller" not that it matters, just goes to show how little research u've actually done, aka typical finance freak, aka stop wasting my motherfucken time!
  • trainerdave
    I would love you to talk that kinda trash in person but your one of those little dorky computer tough guys. You don't see me being vulgar and childish oh wait I forgot its little Timmy Sykes the kid that got picked on in school im so sorry Timmy
  • yaktipper
    Covestor support response time is fantastic -- they fixed my numbers within hours.

    If you ever have a question just send it through the Contact link and they get back to you very quickly. Blain at Covestor personally followed through -- kudos to Blain.
  • Td, u really gonna try to pick on a reality tv guy? please i've heard them all, your way out of your league and all youre doing is entertaining my readers on a slow trading day, u rock dude!
  • yaktipper
    Cramer irritates me, saying sell a stock one month and buy the same one next month ON NO NEWS. That's the same kind of flip-flop-call-both-sides-can't-be-wrong advice you can get from a fortune teller. All you get is a sense of amazement that he is always right, and a lighter wallet.
  • trainerdave
    In your mind you really think your some super star or something. What a loser your all washed up trying to hang on to your fifteen minutes you had years ago. Actually you are the entertainment thats how predictable your ego is, it has given many a laugh today we thank you, but gotta get back to work have fun little Timmy Sykes.
  • chasdabigone
    yo dave go start a website maybe people will care at that one
  • No TD, it's in YOUR ind that i think i'm a superstar...can u not read my blog post title for the quarterly review "i suck"...yes, u should get back to work, hooked on phonics worked for me! i wish u luck, come back when u r literate and we'll have a real convo
  • Oswald2001
    Tim,

    Would you p-u-l-l-e-e-z-e FLUSH the sociopaths.

    Your track record needs no defense.

    Engaging with the trash brings this board down to Yahoo board levels.

    Thanks.
  • HoustonBIZ
    Its just laughable to me that these guys come on here and invalidate themselves by their very presence... come on, I mean if Tim wasn't succeeding, they wouldn't waste a minute of their time.
    Keep it up!
  • chasdabigone
    GETG just dropped .50
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Date Stock Buy Sell Net
Nov 6 QXM $4.31 $4.80 $1936
Nov 4 COT $8.66 $8.88 $642
Nov 4 QXM $4.61 $4.89 $822
Oct 30 DDRX $25.70 $26.53 $812
Oct 29 CTDC $4.00 $4.42 $781
Oct 26 AWSL $3.24 $4.10 $2516
Oct 23 RODM $5.27 $5.23 $301
Oct 22 AMLM $2.69 $2.97 $820
Oct 22 USEG $6.12 $6.09 $85
Oct 20 CBOU $8.93 $9.06 $243
Oct 16 VRMLQ $16.79 $18.65 $2773
Oct 13 YONG $11.05 $11.66 $1202
Oct 13 NPHC $0.59 $0.71 $583
Oct 12 IMGG $0.60 $0.70 $682
Oct 9 ZAGG $5.50 $6.10 $2380
Oct 7 GVBP $0.03 $0.27 $702
Oct 1 NPHC $0.70 $0.85 $1482

Total: $92,304 (644%)