12 Stocks To Possibly Short: The PMI Group, Inc. (PMI) Et Al
Posted by timothysykes on Fri 15th of Aug, 2008 09:20:15 AM
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Not gonna be any LiveStock nor any trades today, besides there not beoing any ideal setups, I’m figuring out my whole Passport thing for my trip to Japan next week.
APII dropped 50% off my outrageously successful TIMalert (detailed post coming today), I covered for $1,200 profit or just under 20% overnight…amazing how much it collapsed, but earnings really were pathetic so I shoulda woulda coulda had more balls—sadly influence by my desire to get over the $25k hump, which I did, now at $25.7k. Don’t expect a bounce, probable further downside, stock was 50 cents/share 1 month ago, total manipulation to get the stock up to acquire BE. Gotta love these gutter games.
MRGE broke out of an 8 month base, but look at the chart and you see all the bitter longterm shareholders…also up 50% in 3 days makes it not a buy in my book, although it could be like MNKD. Gotta know what you’re good at, this ain’t it for me
RDN is now up 350%+ since its lows a month ago, finance play, I don’t pretend to understand it, no resistance for another $1/share or so, so have fun buying it up, not for me at all
UPFC is another finance play, insider trading, new management, waaaay too many conflicting variables for me to wanna short…yet. Keep it on your watchlist
PMI spiked right into resistance, subsidiary sale, not for me, too quick for alerts
MNLU is a failed breakout, it’s tough to be a spammer these days! Doesn’t mean it’s a short though…yet
FPP was a good short for 50 cents off the high today, but it was risky because…
LNG ahh yes, this stock’s price action proves why shorting FPP is so risky, this was only down 25 cents off its high whereas…
SOLF was another energy play that didn’t even drop off its highs! Did I make my point—all 3 have unreliable patterns
NOBL I love that this is holding up, squeeze shorties, squeeze—wonder why I say don’t short earnings plays? Especially turnaround debt ones, look at how XRM has performed since May and we’re probly looking at NOBL through September
ZYXI is a beautiful example of OTCBB price manipulation, suck ion the early shorts, squeeze em to a new high later…careful, if they go onto AMEX the manipulation won’t last, gift and curse of major exchanges
GWDC is a perfect pattern and for those who like pennies—not me—could be a good short soon. Too many of you are inexperienced/incompetent at shorting so I’d never advocate shorting something that can literally squeeze 200-500%.
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TIM Trades
View All| 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%)
