9 Stocks To Watch, At Least Until LiveStock Comes On This Afternoon!
Posted by timothysykes on Fri 11th of Jul, 2008 09:24:37 AM
Tags:
Sponsor Offer:
SulphCo, Inc. (SUF) signed a distribution agreement, some of the 11mil shorts are scared, horrific company, stock up a ton %-wise, only $1/share in real life, resistance at $3, lots of bitter longterm shareholders, reserve shares to short on possible fade…it’s my #1 potential short, but I’d love for it to continue up squeezing some shorts, maybe a Friday afternoon short squeeze if possible…maybe 1-02 more days of a runup, oh god that’d be nice…need a lot more upside to gimme some nice margin of error to capture 50 cents/share on the downside, we’ll talk a lot about this stock today on LiveStock from 1-2PM EST (watch the show HERE)
Tengasco, Inc. (TGC) is the strongest of the fallen oils, let it rebound, trust me, it’ll rollover eventually, probly in a gradual fashion though, none of that $3 to $3 beauty in 10 minutes we saw the other day
GIGM is now down $1, an agonizingly slow $1/share over 2 days…I’m glad I missed out, no way in hell, I woulda held that whole time…glad many of you guys did have the patience
SLAT is a spammer stock bought by TIMbucks (prizes coming next week…I swear…now sponsored by Reebles!) leader Yngvai who has a pretty sweet blog himself and he explains his buy well HERE and I agree it’s a breakout, so while I’ll definitely end up trying to short this one, it looks like the breakout may continue rather nicely…watch this one closely
IDAE is another one breaking out gradually…social gift cards, sure, why not…friggin scum, every company, everyone, but scum rises…until everyone realizes just how scummy these companies ALL are…don’t get me wrong, I’m trying to be bullish, I’m just afraid to do too much digging
BKRS is up a lot on good sales…solid fundamental news, hopefully it can go a lot further to give it some decent downside right now, there ain’t much!
APII is up on petty news and even pettier volume…watch it, not much downside to short though
WLGC, uhhhhh another missed great short opportunity due to meetings (which I interrupted with that comment battle LOL)…I didn’t even try to borrow shares to short yesterday, but I’m glad I featured it 2 days ago so did any of you take part in that beautiful panic?
MODG had positive drug news, their crap got validated, but you gotta remember you can frame any news any way you want to, I don’t trust ‘em in the least, reserve shares to short
Now you can Twitter any questions/comments to TIMhelp and obviously you can follow TIM on twitter too!
Related Reading
66 Responses
Other Websites Referencing This Post
Leave a Reply
TIM Alerts
View All| Date | Stock | Position | Ideal Exit | % Gain |
|---|---|---|---|---|
| Nov 24 | KVHI | Short | $3.70 | 18% |
| Nov 20 | STSX | Short | $3.10 | 11% |
| Nov 18 | PERY | Short | $3.75 | 25% |
| Nov 11 | IIJI | Short | $2.80 | 5% |
| Nov 6 | CVI | Short | $4 | 15% |
| Nov 5 | MECA | Short | $1.95 | 51% |
| Nov 4 | CVI | Short | $4.81 | 4% |
| Nov 3 | NAK | Short | $3.20 | 5% |
| Oct 29 | EVC | Short | $2 | 26% |
| Oct 28 | HSNI | Short | $6.80 | 7% |
| Oct 28 | HSNI | Short | $5.75 | 4% |
November: 9 alerts, 15% avg gain
October: 11 alerts, 14% avg gain
slow day……sucks when everyone’s losing $…well most people
yeah fre and fnm breakdowns aren’t good for the markets and all those 90 percenters.
Had to use my profits from when I started with 2k on some home improvements…which came in handy…Tim helped just from me freeloading around on this site. I as soon as I get my funds all moved around I am joining TimAlerts. Should be ready next week. So I am going to attempt to track all my trades I make after subscribing to Tim alerts. If things go right and build a little momentum I’ll be sure to join covester as well.
I would like to prove that you can be a small timer and still make decent money trading. I am only a part time trader and I think the Tim alerts will be a nice “entertainment” value for my little fund. I’m still pretty green when it comes to trading.
Since I was a kid I’ve had a couple distant relative that were pretty well off and they’d always be referred to as “Oh he’s your uncle that was good with stocks.” I wanted to be one of those relatives that the rest of the family would say the same thing their kids about too. Kind of a corny story but just being honest.
So much for the SLAT breakout. I think I’ll stick with sluts instead.
Got out quickly at $2.47 for around a $60 loss after commissions.
Tried my hand at IDAE today too, but it didn’t stay over $2.20…got shook out for a small loss. Unfortunately wasted a day trade on that one
NTIC down to 10.50 from a close of 16.40 yesterday. Was considering shorting yesterday but the spread on this one is brutal 10.33 bid a0.83 ask. Today tried to reserve shares of slat, myec, uomo and suf to no avail. What I am suppose to do for the rest of the day? work?
i ripped on NTIC’s earning report a few days ago, but didnt short cuz its so illiquid and i respect superman’s research…obvious mistake on my part
Tim did you notice the pop on DTPI? I didnt see any news and its up almost 30% for the day. Check it out?
You respect Superman research or Superman pumping power?
How about GIGM this morning, covered yesterday at $12.40 out of boredom, but looks like there is no floor for this one today since $12 has already been taken.
Can’t wait for my technical analysis using multiple time frames to arrive, need to learn more on combining the intraday charts with the interday ones.
Technical Issues
Have not been able to login, therefor no timbucks for me.
I have reset the password a number of times and when I try to log in it shows “invalid registration status”. Sent an email explaining this to the it assistant but never heard back. I need my timbucks.
IDEA breakout 52-week high!
IDAE is a TIMalert at 2.28ish
IDEA rising on strong volume now! Thx, Tim!!
i meant IDAE!
Ugggh! I was in on IDAE this morning at $2.21 and got shook out on the brief dip! And now I come back to see this! UGGGH!
Yng, jump back in. IDAE will surge later today with Tim pumping it. I’m sure he’ll feature it on Livestock too. Wait til all the latecomers show up today…price will rocket.
IDAE price surge with strong volume from Tim’s purchase at 2.28!
No, I’m not going to jump back in. I have a rule not to chase breakouts. There will be other plays.
The pump is just starting. People are just coming to it. Tim can move this stock up big today on his show and others will follow. His most recent picks have gotten 20% moves up on average
Like I said, Teger, I don’t chase stocks that have gone significantly beyond a breakout point. Yes, it may move significantly more, but I’ve been burned chasing stocks in the past. It’s all about being disciplined and sticking with my rules.
There will be PLENTY of good plays in the future. I’d rather conserve my trades for those.
Keep an eye on GSPG for the 3.5 cent break. It tried to break it once today and failed, but it may give it another go
ABK-get ready…
ABK just needs to cross the 1.50 mark for a big run up… potentially to 2.00 imo
Tim, why the IDAE pump?
Teger, IDAE is now showing why I don’t chase a breakout. If I had jumped in at $2.35, I would be at a loss right now as it’s now pulled back to $2.29. Yes, it may surge back up again, or it may not…hard to say what it will do now today.
This is why I have that rule. If I miss my entry point on a breakout, then I just wait for another play. There will be plenty of breakout plays in the future.
What are you talking about? It’s RIGHT at the breakout point. Tim bought shares at $2.28 and he rarely goes long. There’s so much upside to this. You’re not chasing anything until this surges at the end of the day when other traders come in and realize the pump is happening and the stock is at $3. This one moves very quickly in short time. Right now is a GREAT entry price. It’s exactly where Tim bought at.
Added more shares IDAE here. This will surge in the afternoon.
lol damn teger don’t marry these stocks, i got the alert too and chose to pass, too illiquid, and i missed the initial breakout which was when it ran into the 2.40s, Tim is in this because its a pretty breakout but dont marry these, Tim is only following price action and will get out when needed.
Timmaaay… please show a couple example of charts that are ideal for going long… good risk vs. reward.. i need to get outta the scalper rut. please and thank you.
Making some money on gigm, anybody else short on this crap? Waiting for the 11.50 breakdown to add some more
HOuston, you should just buy the dvd, plenty, I mean, plenty of examples there. No, I am not getting a cut of the sales.
Teger, $2.28 was Tim’s entry. But $2.28 is not the break out point. $2.16 was the breakout point yesterday, and $2.21 was the breakout from yesterday’s close. For me, $2.20, $2.21, or $2.22 would’ve been my preferred entry. I was in at $2.21 and got shook out. I had a chance to re-enter there later but I had left my computer. That was my preferred entry and I missed it. And, like I said, I have set myself very strict trading rules and I will not enter a stock if it’s surpassed my preferred entry point. I do not chase, regardless of whether I think the stock may surge later or not.
There’s a reason why I’ve set these rules for myself. From April-May I lost quite a bit of money trading, partly from not following rules. I now have these rules in place to protect myself from losing money, and I follow those rules no matter what. And that’s helped me a ton, as I’m now 26% up since the beginning of the month and have wiped out most of my April/May losses. Trading rules really do work, but only if you stick with them.
There will always be other plays.
Yngvai, have heard you have a blog, send the link please. Looks like I can learn from it.
Tim has a link in his blog above, but here you go:
welcometothegutter.blogspot.com
Come on GIGM, you can do it !!
LET ME HEAR YOU SAY 11.49 !!!!
Good Stuff, good insight on Yngvai’s blog.
Some real value there, if you are bored of a dull morning and feel yourself tempted to bet on random stocks, skip that and go to welcometothegutter.blogspot.com
Hey, shorty, thanks for the compliment. I’m finding that writing about my trading experiences is helping me stay more disciplined. Hopefully others will find value in it as well.
Any news/thoughts abt RDN? Just bought @ 1.2, but now its $1.0, but I hope it will go up on monday morning to $1.5.
LOL Jay, why stop at 1.50, why not hope it goes up to $25?
” if you are bored of a dull morning and feel yourself tempted to bet on random stocks”
LOLOL u know me to well LOL
To P Cola, DUDE75:
I am a newbie here guys…just started 1 week back and thinking of day/week trading…but I think I am learning in a hard way how to deal with stocks………
Well first off, why did you buy it?
Temptation, thats it…….. heard abt RDN in google finance, mad money etc……
Well congrats on learning your first lesson. Never buy on someone else’s recommendation unless you understand why they’re recommending it, agree with the premise, and have your exit mapped out, both if it gains and if it loses.
Tim and family,
Can you short a stock and put options on it?
Tim let us get a lesson on options.
Fantom, can you rephrase that question?
Jay,
My comment wasn’t directed @ u, although getshortys quote is a good point for all of us to ponder. I’ve kinda’ gotten addicted to the adrenaline rush which drops me in situations awfully close to gambling. Even on these I’m doing alright just from always keeping the losses small, but the bad habits it’s forming is another thing.
Since you’re saying you’re new, the biggest piece of advice I’ve learned (& am learning):
If a play doesn’t go how you expect it to, admit you were wrong, get out & keep your losses small.
If you short sell a stock, can you also have ‘put options’?
I think put options is similar to shorting.
You have to explicitly sign up for options trading, but yes, you can short a stock and buy put options. problem is many “penny stocks” don’t have options associated with them though. Let me know if I didn’t answer your question.
Thanks. So if you short it and had put options would you get something like a double payout?