15 More Stocks Influenced By The January Effect
Posted by Timothy Sykes on Tue 6th of Jan, 2009 12:35:45 PM
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Twas sent at 4am to TIMalert subscribers from my Venice hotel room…prego enjoy:
Again, as you’ll find nearly every day this month, we have a ton of plays,
all due to the January Effect…the official definition says it’s just the
first week of January but in my experience, it’s the entire first month or
so…
ACAS is a classically beaten down stock, now rebounding on strong strong
strong volume….$3 to $5 so far, watching for potential short.
ACTG is up $1 off its lows but it’s bouncy so I’m watching but it’s not
gonna be a probable short for me.
AER has doubled off its $2.50 lows but they got financing so I doubt it’ll
reverse big.
APL has doubled off the low $4s but it’s an oil and gas play so not sure how
much it can/will retrace…just watching it.
CTDC confounded early shorts and kept rising yesterday, resistance at $4
will be interesting, hopefully today, this is my #1 potential short into
weakness, beware of fakeouts.
CWST was nice winner, but it’s stubborn and had to be watched rather
closely…no I’m not thinking about reshorting, I short into intraday
weakness, not strength…especially when it holds support levels at $3.50 not
once but twice! All you people who think you can hold these things when they
fail to breakdown, good luck, you’re gonna soon learn the definition of a
short squeeze!
DNN rose too much and displayed some great fading action yesterday,
definitely on watch for potential short if I can find any shares to short!
HLND has risen from $4 to $9…support at $8 and then it can drop all the way
to $6.50…technically speaking
LNET is just a first day winner, not up enough to truly interest me but I’m
watching
NYNY has risen 50% in a few days, classic classic hype play, gonna make for
a great short soon!
PARD is the kind of chart I dream of, $1.25 to $2.75 in 3 days, you bet I
wanna short this thing…just be careful though as it is January and remember
the historical price action says this won’t drop quickly, just gradually.
PNCL has only risen 75 cents to $2.50 soooo far in 2 days, cmon January
Effect, you can’t do any better than that?
PRSC is a first day winner, gotta wait and see if it can do more…if you know
my strategy at all you know I don’t like shorting first day winners.
SYPR was a big one day winner, but all in the last hour, very suspicious
trading, love to see if the SEC will come down on whatever chatroom pumped
this thing!
TMCV nearly doubled to $2, but its got no resistance for another
$2/share….perfect January Effect play
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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%)
