6 Hot Stocks Picks I Won’t Necessarily Trade, Just Watching ‘Em

Posted by Timothy Sykes on Mon 15th of Sep, 2008 11:04:01 AM
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Sent out to TIMalert subscribers waaaay early today:

Today’s gonna be an interesting day, Lehman going Chapter 11, Merrill Lynch getting getting taken over, financials are a lot worse than anyone thinks, let the Fed try to lower rates, we’ve got a lot of bad eggs in this joke an industry—dumb corporate drones and investors alike-time to throw em all out cuz they’re rotten!

Sure, this could mark the ultimate bottom, but market guessing games is not what I do….it doesn’t matter, us PennyStockers and PennyStocking DVD students are all cash, awaiting opportunities, laughing at those who are getting obliterated by the faulty diversification method….so today could be that day to reap some rewards if we keep cool heads as everyone else panics…

QCOR breaking out a of 11-month base, new CEO, gotta love these sketchy biotech’s, look at its chart, you’ll see what I mean, not a potential short, it’s a potential buy…yah, believe it.

FNET is an illiquid SOB, but it’s got a good chart to short into each and every time it’s ever spiked…shitty companies tend to be that way, resistance at $7, would love for it to keep going, but as always, watching and waiting for signs of weakness to short into as any negative price action—preferably in the afternoon—will likely lead to lower lows and a nice 50 cent+/share reversal

COIN/COINW are two you should be trying to reserve shares to short every day cuz the more it surges, the more downside is in stock..yes, it’d be better to buy, many of you are doin that and profiting nicely, but htat’s not what I’m good at so I can just sit back and wait for the spam emails to go out (that is confirmed now), the hype PR to keep being issued (plump cranberries too funny), let it do it’s thing, it will come back down and right now, support is at $7ish so the downside isn’t much to begin with…I want double digits!

CNWI was a great short, 40 cents off its $1.30ish highs, too bad couldn’t find shares to short

BBND, woooo hoooo, 2 up days in a row, pray this big down open doesn’t kill off all the strength in these stocks right away

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  • damn AIG makes u wanna short it, down $2 to $4 inside of an hour
  • Gonads Areus
    You boy Bill Very Gross just got his ass kicked in LEH bonds.
  • ha, not my boy, if he was, he woulda taken just 1 ideal trade at a time and remained liquid, wiating for other opportunities!
  • Millionairemind
    I mentioned FNET (a low volume boring) stock to keep under radar to short on Friday. Tim mentioned on his Livestock. I shorted at 6.32 on Friday, covered at 5.31 today. Now my eyes are at CRXX, similar low volume stock, could tank pretty well from here. Keep an eye on it.
  • called QCOR short yesterday on my blog
    caught it early on the breakout in chat Thursday

    (Sep 11-09:59) johnnyvento: QCOR up nice on vol spike 5.75
    (Sep 11-10:00) johnnyvento: could run maybe

    BQI an epic short Wed, $1.50 drop in 15 min, can't scoff at that one
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TIM Trades

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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%)