My Seven Stock Watchlist, Somebody Please Call Your Local Stock Promoter & Complain, zzzzzzzzzzzz
Posted by Timothy Sykes on Thu 4th of Dec, 2008 12:23:54 PM
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Sent to TIMalert subscribers late last night:
The overall market may be headed higher, but there’s no confidence whatsoever in smallcaps. A few strong stocks to possibly short and one to possibly buy, but seriously nothing’s gonna be truly great setup until the overall market decides whether its gonna really hold onto the 2002 lows or if its just a bounce meant to suck in dip buyers whose nervous selling will ultimately take us below those key technical lows and bring on another 20-30% downside. Expect to know in the next few days/weeks, for now keep trades small.
INTX lost 75% on low volume/no news a few weeks ago and now is up 300% just as quickly with the same lack of anything. No resistance til $8, I ain’t aggressively thinking about shorting it, just too weird, non-predictable, but I am watching
CHP is just up one day, but the rise wasn’t gradual, it was a spike, not late enough in any rally for me to really get excited…patience, don’t be an early short who can get squeezed.
QCOR got everyone all hyped up this morning on its breakout but I stood by and wrote comments on the TIMalerts subscribers-only website like:
careful on QCOR, it has a nasty habit of having horrific breakouts that turn into fakeouts…and never ever try to anticipate a breakout, many fail
glad i didnt buy it, 25 cents aint worth it and i’d be scared of it dropping big
I was stalking it a while back and its breakouts suck. That’s about all I have to say about that.
FRZ makes ice and its tripled on rumors the world is running out of ice. Just kidding, up on repurchasing stock news, the stock had quadrupled off its 50 cents lows, this one is a carcass. A carcassicle if you will. Coulda woulda shoulds seen it, didn’t, don’t care now as it broke support and bounced, following the overall market rebound. Quadruples are nice to short into, but the risk-reward just stinks down under $2
YRCW just keeps going, now announcing meaningful news getting union to take a pay cut. God bless em, not for me to short….yet. And mind you when I say it’s not a short yet, if I was any good at buying, I probly would because shorts are getting suqeeeezed.
OGXI is up on bigtime positive drug news…I don’t like shorting these unless they’re up 300% on the day, not just 100% as I don’t know, neither does anyone else, how important any drug can be. God, I wish the spammers and pumpers would return, much easier plays, but that niche is just dead for the time being.
ATV has now doubled off its lows but it’s up on earnings…dead to me, unless it really starts surging (which wouldn’t be an earnings move, it’d be more of a short squeeze move, aka the kind of action I look for, yes, there is a difference)
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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%)
