6 Failing & Ailing Penny Stocks & 1 Good Company I’m Watching Today
Posted by Timothy Sykes on Thu 29th of Jan, 2009 12:45:08 PM
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This was sent to TIMalert subscribers at 2am last night….so…they…were…prepared…for today:
Several interesting trade setups today:
CGYV failed to breakout, even Jim Blackman doesn’t win every time…always on
watch as a potential buy for more Blackman magic/hype
CVBT is my kind of chart to short, stock just isn’t expensive enough, still
watching
LJPC is breaking out due to optimism of their new drug…was a perfect
technical breakout at $1.5, now at $2.50 it’s getting extended, potential
short, but I’d love to short much higher if possible.
GERN dropped nicely in the morning—perfect morning panic as detailed in my PennyStocking Part Deux DVD—the rest of the day it was strong due to
buyout rumors, doubt I’ll play it, still too hot, unlikely to really fall of
a cliff…yet
UBRG I said would fall 30, 40, 50% one day and yesterday was the day…only
like 20 people in the world could find shares to short, sucks I wasn’t one
of them, but it’s good to know how easy this game can be and if you wait for
situations like this, your odds of success go to like 99%
VPRT is a company I’ve loved for a while, but never invested in—got my biz
cards printed, they’re massively efficient/marketed/low priced, good solid
earnings yesterday pushed them up big, might consider buying some on a
breakout above $22, although obviously it’s not my typical game so I’m
hesitant.
SIGA is a clean breakout on a 1-year time horizon, but it’s got resistance
all over the place if you look 2 and 3 years out…potential buy
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Related Reading
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%)
