LiveStock Today 1-2PM EST, The Rick Santelli Video & The 5 Stocks I’ll Be Talking About

Posted by Timothy Sykes on Fri 20th of Feb, 2009 11:20:04 AM
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The following was sent to TIMalert subscribers around 2am EST:

Remember to tune into LiveStock today 1-2PM EST…ask me any questions below!

The overall US markets have now gradually faded to under key support…today or Monday could be big crash days…seriously.

And some confused congresspeople actually want to tax traders and investors a little tax on every trade…absurd, right? Basically, if you want to trade $10,000 worth of stock you’re gonna have to fork over $50 to the government on behalf of some failing homeowner somewhere. Please visit THIS site to sign a petition against such a misguided bill

Considering this madness as backdrop, the video of CNBC guy Rick Santelli promoting a trader revolt has become rather popular…see it HERE if you haven’t already

Here are the only 5 plays on my radar today, some seriously good setups:

ANDS is a biotech that’s now quadrupled in 2009…don’t short sell randomly strong Penny Stocks or you’ll get squeezed just like these 300,000+ shares short are…this is a potential short, but only when the spiking gets more vertical…upcoming earnings/predictable CEO sugarcoating on Feb. 26th

ARNA I made $500+ on yesterday while you TIMalert subscribers made over $10,000…see all the details HERE…perfect perfect morning panic, just like the dozens detailed in my Pennystocking Part Deux DVD.

CSE is a failing financial company, down from $4 to the high $1s in the past few days…guys, seriously stop emailing me about this, I try not to dip buy into falling knives!

SIGA had a first day drop perfectly, I thought about shorting into the market close, but there’s support all in the low $5s…no thanks, poor risk/reward here for a poor timer like me.

PSPM is still my #1 potential short, longs actually believe they found a diamond in the rough, they’ll just never learn….don’t get me wrong, even here at 80 cents, I still would love $1+ (to make the potential reward/downside greater), but I’m trying to reserve shares to short each and every day.

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TIMstore Monthly DVD Specials:

See all TIM DVD specials HERE

  • PSPM has dropped 56% today, another one on which i was dead on...my TIMalert subscribers are baaaaanking:

    yes we are accepting new subscribers at http://www.timalerts.com

    check out some testimonials on PSPM:

    Took $700 bucks from that whore PSPM. -Tbohen

    YOOOHOOO !!!

    Nailed PSPM both ways, after Tim said it may be too early to short y BOught 2000 shares at 0.53, sold them yesterday at 0.72 (conditional order). Then short shy 500 shares near yesterdays close because it was the 3rd day up and it look tired, anyway I had a tight stop in case it broke 0.80.

    Then today I added 500 shares more at 0.665 kept on looking it falling, and kept on adjusting stop losses downward. Finally got stopped out at 0.43 on a bounces from 0.36.

    THANKS TIM… AND THANKS INTERACTIVE BROKERS !!!! -GS
  • Josef
    Good Show Tim !!!! Rick Santelli ROCKS!!!
  • LP
    Santelli also made a rant last summer claiming the high price of oil (bubble) was not created by speculators!
    Why does he have any credibility now?
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Nov 4 COT $8.66 $8.88 $642
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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%)