13 Stocks I’m Considering As Trades But Won’t Trade Them Lightly aka Why I’m Better Than Jim Cramer
Posted by Timothy Sykes on Fri 13th of Mar, 2009 12:45:26 PM
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This was sent to TIMalert subscribers at 1AM EST, prepared they were for today:
No LiveStock today, remember, I’ve got a one-on-one coaching session!
Crazy overall market strength now, thank God! Lots of bogies everywhere on my watchlist, 100+ stocks I’m trying to narrow—remember, I truly excel at shorting into strength…especially when that strength looks temporary…as I did with MBLX yesterday, to only a little degree of success.
MBLX I shorted 2000 shares at $6.25, looking for it to fail from going green on the day and come back a bit towards the morning low of $4.60…didn’t quite get there, I covered at $6.03ish because it showed it couldn’t break below $6…which was really the main technical support out there, took a gain of $400+ as did other TIMalert subscribers who have learned to get out, no matter whether they have small losses or small gains, if the stock doesn’t do EXACTLY what we expect it to. The late day strength does not surprise me because if did go green on the day, trapping stubborn shorts who don’t understand that when I short, it’s usually around some pivot point and that pivot point acts as a catapult both ways. Most TIMalert subscribers, especially PennyStocking DVD students have learned this and so the majority of you gained:
+$728 on MBLX …
-Reaper
Made roughly $400 nothing to write home about.
-M.C.
lost 170, but in a trailing stop of 5%, was in at 6.10, had to be away for a while , covered at 6.26, 2.6% loss.
-BGW
i was talking to some guy and it squeezed, -$120
-RD
ENPT rose 176%, but its not a short n my book because it got acquired for all cash…the retards who are emailing me are laughably ignorant as to my strategy…seriously, it never gets old that people don’t want to take the time to either read my book or watch my instructional dvds…I’m gonna stop emailing you guys back when you display such laziness.
YAVY is just like any other failing financial, it’s been in a death spiral for the past 2 months dropping from $14 to $3, now up from $4 to $7 in 1 day, potential short although there’s no resistance until $10
CT is another failing financial that basically doubled to $2 yesterday, first up day, potential short into further strength.
GAIN is just like many of the crappy financial companies spiking, this one surged $1.26, or 50%
AACC is a debt-related company that has stair-stepped its way up from $3.50 to $5.12 over the past 3 days…potential short.
BRNC has had 2 stair steps up from $3.75 to $5.50 in 2 days…resistance at $6, potential short.
ASTI was my #1 potential short, but now its just one of many Penny Stocks up 50% in a few days…no shares to short anywhere but Tradeking! Still a potential short but no urgency
SNS is actually a potential buy as the stock broke out of a multi-month base above resistance at $7…kinda reminds me of SFLY, probly $1 of upside, low risk, but I need to see more of a breakout tog et me excited.
MBI’s chart said it was potential short, but since it was a financial it inevitably followed the market higher…this is why I prefer spam/fraudulent companies—they’re more predictable!
HLX was like MBI in that it was a good morning short for 10%—which my girlfriend took—but it finished up on the day
FAS is the way to go if you think this is a bottom in the financials…potential buy, but now the run is extended so really only a potential buy on pullbacks…also not my core strategy here so I probly won’t play it, but it an option considering the potential upside.
HW doubled from $1 to $2 the other day and then consolidated, now its surged back to $2.50..I need to see a super spike to $3+ to get me excited about some more potential downside, this is a potential short
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Trader Tim
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%)
