11 Stocks To Watch: Some Stocks To Buy For Bounces & Shorts As Usual
Posted by Timothy Sykes on Wed 8th of Oct, 2008 11:46:18 AM
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Sent to TIMalert subscribers early AM today:
Damn it feels good to be liquid and right at all-time highs, up 105% year-to-date (136% since TIM inception November 1, 2007) just when everyone else is down tons and panicking. I sincerely hope you’re in the same position as me—most, if not all PennyStocking DVD students—because there are some rather high percentage setups forming and it’s the cool heads that will profit substantially…
I don’t like shorting during markets of excess downside—weird I know—due to the risk of a big squeeze/spike (always the contrarian), so I might actually buy stocks on the dip like I did FEED the other day…maybe not even stocks, but mutual funds—anybody wanna help me find some beaten down mutual funds that don’t have fees/expenses associated with them if you buy and sell within 1-3 days? LMVTX and CGMFX have gotten wrecked, but those are just two for possible bounces…
ENGO is one potential…was up 150% yesterday, too bad the price is so low or I might be excited
ESMC has the right chart to be a potential short, but it’s soooo illiquid
ZYXI has hardly any shares available to short…too bad, I really feel this is gonna collapse soon, but I guess I won’t be able to test out my theory
RZ took a few days, but finally really cracked…not sure if it would have done this in a better market though
MHGC is down to $6 from $10 at the start of October, potential bouncer?
APWR has dropped more gradually, and it’s sucked in a lot of naïve people who don’t realize how horrific/toxic every single company that’s ever presented at a Red Chip conference is…welcome to the gutter!
FEED bounced all the way to $6.90 before retracing $1/share….I hesitated to short…then it dropped too quickly, no guts no glory
ASYT $2.50 to $1.50 in just a few days, but doesn’t have a history of bouncing so I’m just watching
YRCW $12 to $5 in 5 days, company tried to defend itself, but nobody believes them…watching
DNDN tanked form the outset…gotta be quick sometimes to short these suckers
YGE $10 to $6 in 3 days, potential bouncer
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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%)
