Morning Watchlist: 9 Stocks I’m Watching & Getting Emailed About

Posted by Timothy Sykes on Thu 31st of Jul, 2008 09:19:34 AM

Some people think TIMalerts is buy and sell recommendations where I’m gonna say buy this, short this—screw that! Newsletters that do that are a total joke. I simply tell you what I’m thinking, stocks I’m watching and getting you prepared/organized as to which stocks have charts and variables that are primed for PennyStocking. It’s all about identifying the right stocks and being prepared to trade em if and when they exhibit the proper price action. Preparation, preparation, preparation.

If you don’t know how to or cannot short sell, it’s probly not for you—although a little over 1/3 of my picks have been buying breakouts. If you haven’t watched my PennyStocking DVD, you’re not gonna understand all my strategies. So stop filling up my email box when it’s you who are unprepared (not everyone, just many of you).

Think I’m too mean, fine, go play random stocks with Cramer and every other industry joker, have fun being right about 50 percent of the time (at best) or get abused by the blatant industry frauds who prey on your greed and rip you off. I’ll never sink to that level and that’s why I’m now up 90% in 9 months and why you, once you learn this game, will see that’s worst case scenario (I’ve got too much going on)

I’m the good guy, I just have no patience for lazy people. I’m here to teach you and show you how I pick stocks with PREDICTABLE price patterns. USS dropping 47% after I shorted it just 2 days ago is not random—nor have the other successful 17 TIMalert picks, they all has variables aligned to created predictability.

ALUS is one you gotta reserves shares to short of, just look at the chart, you should know what’s coming in the next few days by now…reserve shares to short

USS as I posted last night in THIS blog post has come down an awful lot, not sure how much, more downside there is nor is any big rebound likely….it’s dead to me now

MITI was a stock with a vertical chart that finally crashed, glad some of you shorted and made $, just gotta watch em and short em when they start dipping

MNKD broke resistance at $3.25, leading lots of technical traders to buy, thinking it’ll close the gap…this is one of the worst companies in the world, I wouldn’t bet on any big up move, this should be purely a scalp…if it breaks out far enough, you’re damn right I’m gonna look to short it, but never short on a breakout, you’re just not playing the odds.

CNEX is one I’ve been featuring that had a fully predictable 40% drop. No, I couldn’ find any shares to short, nor did I really try (considering I’ve used up all my day trades with USS—thanks incompetent SEC pricks!)

SCA is jumping, I could care less, it’s a finance play…you people emailing me about need to learn my damn strategy before you waste my time making me link individually to my PennyStocking DVD cuz I haven’t had time to organize my website so that you can’t bother me unless you know the basics. Yes, I’m rude, but I’m not a snakeoil salesman so I don’t need your business—but if you wanna trade these stocks, you sure do need me. Advantage Sykes.

SCON keeps going, go turd go, the higher it goes, the better a short it will inevitably become

TMR is getting so close to breaking the key $3.30 level needed to breakout…could spike big if it succeeds, could be boring while trying, or could tank 15-25 cents/share if it doesn’t breakout…wait for the breakout to buy, don’t anticipate, just have your finger on the trigger button all weeklong—those of you with lives or jobs, say goodbye, the more time you put into these kinds of plays, the higher your odds of winning go.

RAMR is another everyone’s getting excited about, not me, it’s a financial, in time, you’ll see they are different from pump and dumps

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  • longshort28
    any thoughts on MNLU?
  • Get Shorty..... Reloaded
    MNLU within 5 to 7 narrowing range, just in the middle can go either way. May become attractive if it starts approaching resistance or support on good volume. For now, seat back and watch.
  • longshort28
    shorty nice call on ROIA. It is sinking..I didnt short it though...do you think it will further tank!
  • MNLU is irrelevent to me and pennystocking, i'd tell u why, but if u havent seen the DVD you won't understand
  • longshort28
    MNKD is going higher..will go down for sure today
  • younggunz
    nah i think its got a run for today. I'll wait for the first down day.

    also for alus i just noticed that it is easy to borrow and you shouldn't even have to ask a live rep to put a short order in.
  • why the hell would u think MNKD is going down today? its a friggin breakout, respect it or suffer
  • Get Shorty..... Reloaded
    ALUS coming down.... come on baby....
  • mehtanir
    Huge jump in SNEN, time to short soon?
  • longshort28
    just shorted 300 shares of ALUS...lets see
  • Get Shorty..... Reloaded
    SHorted 800 shares of ALUS at 2.29, 400 shares at 2.21 (tried to short 1200 at 2.29 but only 800 went through, readjusted order to 2.21 for the remaining 400)

    Saw it bounce from 1.90 to $2, covered 400 shares at $2, still short 800 shares.

    Longshort, what was your entry point?
  • Alex
    I agree MKND is a turd ... breakout volume not impressive, it was weak, sketchy and erratic ... pretty big short interest though, so it might make some spikes ... stock is waayyy overpriced, should be .50
  • Alex
    look at the beautiful breakout in AGIX ...perrrrfect MOMO
  • YngvaiMalmsteve
    The EFFC breakout continues today.
  • Alex
    VNDA creeping up nicely ... could be a big day any day now ... I'm anticipating a good squeeze
  • Get Shorty..... Reloaded
    Out of ALU, scalped $236 on ALUS, just found out it took me $35 in commissions to do the run-around. So 201 for waking up very early in the morning.

    1200 shares played for 21 cents each on average.

    NEXT !!!
  • Alex
    NCOC tested 20-day MA, now breaking out/HOD
  • Alex
    NCOC = excellent position trade
  • getshorty
    200 shares short BJGP at 5.92
  • Alex
    shorty - see what we were talking about VISN the other day? When you mentioned it I wanted to buy but didn't really have enough cash available.
  • Alex
    BJGP is probably better short, but not down enough IMO...doesn't have any obvious signs of failure of uptrend
  • Alex
    AGIx proably good for a short scalp ... some stop losses gonna get ripped pretty soon
  • getshorty
    can you remind me a little more about the conversation alex, my mind is blurry, 4 hour sleep alltogether in 2 nights, this thing of having a job, trading and having a wife that likes to get out is considerably reducing my memory span
  • Alex
    shorty - before shorting BJGP, you should at least wait for LOD and see what the reaction is
  • getshorty
    Speaking off that, I am considering taking the day of from trading tomorrow, just have no positions and just forget about it.
  • Alex
    you don't remember? you should keep good notes on your trades...it will help you from repeating the same mistakes and help you repeat the good trades more often
  • getshorty
    No psti on TOS, my IB account is PDT blocked until tomorrow.... DAMN !!!
  • Alex
    Sunstone hitting the LOD right now
  • getshorty
    You are right Alex, now give me a hand with this one.
  • getshorty
    I am so shorting MNKD tomorrow... I can smell it.... I CAN FEEL IT !!!!!
  • Alex
    now lets watch Sunstone and see how it reacts here at LOD
  • Tony Ellis
    QQQQ is trying to break out from nice bottom base. Don't care about Q's but should lead to some nice tech stock setups in the near future.
  • getshorty
    So... I guess I am the only one willing to take BJGP bitter shareholders money..... ok ok...I'll do it.
  • Alex
    making new lows ... and no support in sight .. looks like it might start tanking ... good one!
  • getshorty
    Too bad I could only reserve 200 shares of BJGP this morning.... after asking for 1000. Well, I guess it is better than nothing.
  • Alex
    AGIX went below 20-period MA ... good to short scalp for a quick 5-10% gain
  • Alex
    Yeah, you'll want at least a .30 gain to make it worth the risk ...which is very possible
  • longshort28
    dude I am long AGIX today....but started late and now want it go up further
  • Alex
    If it was possible, I'd short AGIX here at .97...it's trying to break above the 20-period MA, but the volume has dried up and it's only .10 off the high after a huge .50 run ... still has plenty of room to dip
  • Alex
    I'll go long on AGIX if it goes waaayyyy back down in a stop loss panic
  • Alex
    Tim probably has better shorts but I need to get one of the penny stock brokers before I can use his methods
  • Alex
    I've certainly learned a lot about it from his blog, though. Good to learn about different styles of tradign
  • brent
    Do the earnings coming out on Monday, BJGP concern you? Seems we were talking about this one day or two ago. And I believe that was brought up.
  • mikeswords
    Im loving USS>>> what a great day yesterday.
  • Alex
    VNDA - yo betch! looking good, comin back!
  • brent
    good job shorty. missed yet another one. i was watching that thing for a few days. gave up when we started talking earnings. Then there you go and profit... good job...
  • YngvaiMalmsteve
    I'm watching VCSY like a hawk right now. Perfect G-Pattern setup, with the low-volume consolidation going on (rather than tankage after the big run-up).

    Volume seems to be picking up again. There's a rumor on IHUB that the judge signed off on the settlement agreement with Microsoft. I might play this if it breaks out of its consolidation pattern (breaking 6.5 cents on good volume)
  • M
    Tim,

    Just curious as to why you think MNKD is a shit company? I understand it's a biotech which by nature losses money, but in terms of biotech's this one seems pretty good to me.

    For full disclosure, I bought in the low 2's and sold around 3.05 a month or so ago. Sold my last 2500 shares last week at 2.90 thinking it wouldn't be able to break out. I'm kicking my stupid self now. My timing is worse than yours
  • longshort28
    HOKU - Short?
  • longshort28
    Did you see BJGP...What a jump?
  • haha why MNKD is a shit company? a.) its a developmental biotech b.) look at the chart i could write up a whole report but there's no point, its breaking out
  • M
    True, but then again all developmental biotechs have charts that look like that. I give it a little more credibility, only because Al Mann is a legitimate billionaire and I don't think he wants his legacy to be that he ran his last company into the ground.

    Either way, it's coming off the highs now and the buys are gone so it looks like a decent short. Not the same type of short you like, but I think this could be a much more gradual one. We'll see.
  • N$L
    Yo Timmay its your old homie from NY N$L..... Thanks for your research on MITI this was a great short today. I sold 15,000 short at $4.10 or so and covered half at $3.60 for a sweet $7,800 gain today.... MADE MY DAY! Good call on the $4 Support... Others I am shorting: ENER, CRM, AMSC

    Peace.
  • N$L
    by the way... my earlier post is not a statement about the company MITI or its prospects just re the chart.... good luck to MITI in fighting lymphoma and cancer!!.... I am covering tom. if prices allow. Not cancer therapy i was short, just the red ink on their sheets and the parabolic chart....tim's specialty.
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TIM Trades

View All
Date Stock Buy Sell Net
Nov 19 AENY $2.80 $3.02 $1148
Nov 18 NLST $4.16 $4.40 $947
Nov 18 IMGG $1.42 $1.64 $2094
Nov 17 NLST $5.04 $5.59 $2195
Nov 13 VRMLQ $21.50 $22.97 $2901
Nov 11 EONC $2.61 $2.80 $687
Nov 10 EONC $2.74 $3.36 $9784
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: $98,094 (681%)