9 Plays aka Power To The Peeps Who Pounce To Profit From PennyStocking!
Posted by Timothy Sykes on Wed 3rd of Sep, 2008 10:32:07 AM
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This was posted/emailed to TIMalert subscribers last night:
Ahh yes, several stocks to play, most pretty liquid, it’s beginning to feel a lot like Christmakuh!
TAYD I successfully shorted for just under 10% gain, read about HERE, several TIMalert subscribers made waaaay more considering stock tanked 20% intraday, yes, I’m good at picking, bad at trading, welcome to my life!
SIGA is a potential short now cuz it’s got solid sideways price action and a crack below $3.70 means it could really crumble, really fast, maybe 25-50 cents/share within an hour…but I’m hoping it holds and squeezes shorts, obviously, I like shorting into a squeeze where other shorts are dying, not alongside me
COIN/COINW is the latest chart to tickle my fancy…and knowing how shitty the company actually is—a few hundred grand in revenue, lots of big promises, hired PR guns—only makes me wanna short it more….gonna be a fight to find borrows to short this stock, as usual, TIMalert subscribers will have first dibs…then we just gotta wait for signs of fading
And to those of you subscribers and inevitable subscribers—yes, you will give in eventually…I’m gonna make you an offer you can’t refuse, value-wise—ALL these potential shorts are great for buying as before they go down, many, if not all, go up quite a bit…aka TIMAlerts ain’t just for short sellers, it’s for EVERYONE, that’s the beauty of PennyStocking, sooooooooo many angles from which to profit
PENC is a new piece of crap OTCBB riser…you peeps able to find any shares to short?
WUHN you just gotta look at the chart and you know what to do, right?
MITI broke through multi-day lows and lots of subscribers seemingly shorted it it….why guys? It’s already off the highs, PennyStocking is about profiting from stop losses getting taken out, not consolidation moves…sure, it could go to $5, but it could also bounce considering its chart is EXACTLY like ZYXI just a few days ago…never underestimate strong stocks, they’re ALWAYS good for shorting off the top cuz people are scared, but to predict major chart changing moves, well, your odds go waaaay down, no thanks
STSI is getting stronger every day, you don’t short that, you long it…someone posted over and over to short it on my site, probly a short getting squeezed…really gotta learn to wait for weakness in these suckers…gotta understand strength or weakness only gets stronger when these Penny Stocks are in play, might look to short if strength turns red intraday
BPOP might be a low priced stock, but it’s a multi-billion biz with real assets. They sold some, good for them, this is not a pump and dump surge, it’s different, don’t short it and expect a total collapse!
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TIM Trades
View All| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| July 2 | KIRK | $10.60 | $11.53 | $1377 |
| June 30 | ISRL | $107.97 | $118 | $985 |
| June 24 | LZB | $4.53 | $4.81 | $1240 |
| June 17 | GWSC | $1.86 | $2.76 | $2679 |
| June 15 | SHZ | $1.66 | $1.83 | $280 |
| June 15 | SPNG | $0.11 | $0.18 | $630 |
| June 12 | JAZZ | $2.84 | $3.26 | $380 |
| June 12 | MAPP | $9.68 | $10.07 | $565 |
| June 8 | HEB | $3.00 | $4.18 | $334 |
| June 3 | GROW | $8.64 | $8.96 | $740 |
| June 3 | SYMX | $1.21 | $1.11 | $940 |
| June 1 | USCN | $0.55 | $0.86 | $260 |
Total: $65,674 (421%)
SIGA seems to be holding strong in the $3.60-$3.70 range. I have a few hundred shares short at ~$3.8x, but it seems that the $55M contract award that was announced today is tempering any real down move that we might have seen. I’ll probably just cover here and move on…thoughts?
Short BDSI if it closes below $4, its up almost 75% in the last five days on high volume.
CHCI up more, +33% right now
Finally, I’ve been added to Covestor Rankings.
http://www.covestor.com/rankin.....selector=1
Tim, I’m on your heels buddy, just need another month or two to dethrone you, so watch out man.
congrats to those in MITI, i was dead wrong about it
Hey Tim nice work you are doing
I have been Mia- can’t no longer enter into 13th’s chat– but I want to thank him through here for CHCI— In at .20 and Still holding- while watching the zeros increase!!!!
Mike 13th shoot me an e-mail please xlmsx@hotmail.com
I am all out CHCI—- too much of a rush!! .97 — good luck to all who holds longer
unbelievable, Imsmith, Mike_13th called CHCI? i gotta check out the GOS website….damn, good job on getting in on it. I’ve been watching it since it priced consistently at 0.13 but I couldn’t find any good reason to buy it according to my style. So I guess my style just led me to miss out on some fat +$6,000 gains…
anyway, Imsmith, why can’t you log into the GOTS chatroom anymore? did they ban you too? I was banned sometime on the 28th of August, kinda blows but I made a new account so whatever, not a big deal. My fault for being obnoxious.
CHCI showing weakness after being up +300%, can’t see any reason not to short it now unless shares aren’t available.
I started a new Job- Yesterday— and they actually don’t have Java- or something like that, that will allow me to enter- it keeps giving me an error–
on the Dark Side blog- he has a list of stocks he plays long or short– and CHCI was one that he played long-
20k shares– I had— and I am glad I sold at the right time a lil over 15 k in profit-
amazing, I’d be jealous of you if I had the capacity to be jealous of others. I’m actually just mad at myself for not catching EITHER CHCI or TRX and instead I went long CNTF based solely on its oversold RSI. Just to make Tim cringe in annoyance, I’m going to say “let’s see how it goes” with CNTF. I’m already down -$250 in it whereas I’d be up majorly from either TRX or CHCI, the two others I was aiming to buy. Anyway, I’m curious to know if you’re now over the $25k mark (with this +$15K gain) to start day trading or have you always been able to do so?
nothing actually to be mad about, since things like CHCI are far more unpredictable than Sykes’ pennystock frauds. who the hell would know ABK/PMI/RDN would continue up +20% today. the charts looked scary.
wow Tim, this is the first article I’ve seen on Yahoo! finance that talks about shorting (aside from the ones you’ve written for them):
http://biz.yahoo.com/ms/080903/251375.html?.v=2
CHCI- reminds me of when BKUNA- went on a spurge-sometime in July from .35 to $2.50 in two days- I don’t care about their losses/ book value– it’s all about the increasing volume- people talking–speculation–and I am buying into the moment/momentum– and selling once I think it’s over done— I have no particular style of trading–it works for me- I have been over the 25k mark for a while– but I will start back with 5k in Nov. (just bought a house) so I have a lot going…
ABK/RDN/ LCC/ and other airlines– when the were all trading around 1.50- or 2.50 a month ago— yeah..only if we knew right
PMI– this stock– is my all time fav- short and long all the time—
new post:
http://www.timothysykes.com/ad.....e-reached/
I was long CHCI and got shook out in the morning…and missed out on the huge profit that everyone else got :(
Ben you were NOT banned from GOTS,don’t know the problem but try to get back in…you did nothing to be banned,sorry for whatever doinked you…it wasn’t us.
Lmsmith,I think you brought CHCI to the table last month on it’s run,anyway Monster Muddy caught it from .24 to .895
http://darksidetrading.blogspot.com/
Your .20 to .97 blows us all away…CONGRATS!