14 Stocks To Watch, Most Are Stocks That Are In Death Spirals
Posted by Timothy Sykes on Mon 16th of Mar, 2009 12:20:20 PM
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Huuuuge watchlist today for TIMalert subscribers, sent at 3am…enjoy these free watchlists today because later this week, we’re gonna make it much more annoying to view these…obviously TIMalert subscribers will be able to see them easily…and early:
Since there’s soooooo many death spirals and a little bit of bouncing, I see sooooooo many potential plays:
AEH is a giant, probably failing financial company, the longterm chart is awful and its spiked form $3 to $6 in the past few days…not an ideal trade by any means, but it set up some great sideways price action Friday and if that is the beginning of a reversal, there’s a clear path from $5.75 to $5ish…potential short.
ASPM may have made a true bottom at $3, but Friday’s 33% runup happened late in the day on light volume, meaning it was probly just a short squeeze…potential short on any further strength!
APP got some bigtime funding, $80 million, right before their bigtime debts were coming due…this is an important fundamental event, it surged into the market close as more and more media outlets picked up the story, squeezing short sellers…retail is still a mess and if more shorts get squeezed, this could be a potential short…normally I don’t short companies with true catalysts like this, but if we squeeze, it can easily go too far with easy downside potential.
YAVY was the only one-day spiker of the tiny banks that didn’t drop Friday…it’s still a potential short, but the volume is so weak…potential short if it cracks $6.60, potential buy if it squeezes more shorts by breaking out past $7.63…odds favor potential short, but I won’t force a trade if it doesn’t break that range.
CT was one of those tiny bank big winners to tank 20%…it dropped in the early morning, too fast for me, you guys know I prefer afternoon fades…guess I shoulda woulda coulda been more aggressive…not in this market though!
AMFI also dropped 20% off its higher, but the setup wasn’t right because even with that drop, it couldn’t even finish red on the day, mening I didn’t even considering shorting it…sometimes the pattern doesn’t set up right for me, next!
ARNA dropped big after they reported horrific earnings and the CEO forgot to do his usual cheerleading, huuuuge morning drop…of course aggressive short sellers were punished as current earnings don’t matter, it’s all about whether they get FDA approval for their fat pill…and we’ll know before the end of the month…kinda like PALM dropping big, but rebounding on hope for its Pre phone.
MBLX squeezed all the stubborn short sellers who were too ignorant to cover the previous day when the stock didn’t do as I expected—always always cover a short if you expect it to stay red on the day and instead it goes green…those who got squeezed, you deserve it, for you stubborn fools refuse to spend $300 on my instructional DVDs and you’re now learning that market losses are far more expensive. Always always short scared!
EK is just one of many death spiral stocks that are now bouncing, its risen nearly 75%, from $2 to $3.50 in the past few days…a little more strength and it’s gonna make for a great short!
WGO makes Winnebagos, not the hottest product right now and before surging from $3 to $5 last week, the stock took out multi-month lows…earnings are this Thursday, might be a potential short considering the recent market-related low volume runup.
LYTS has the same ugly longterm chart as well as a recent runup from $3 to $5 as WGO…potential short if/when it displays that beautiful Short Selling setup pattern I outline extensively in my PennyStocking Part Deux DVD
ID is just another failing company that’s risen from $3 to $5 in the past few days…at least this one is more liquid and has some resistance in the $5 range, making it more of a potential short than the others.
PENX is in a huuuuuge death spiral
LMIA has a very ugly longterm chart & has risen from $4 to $7 in the past 2 days, it would be a potential short had the rise not been due to earnings, resistance at $8
PANL is the same as LMIA, also has resistance at $8, but its only risen from $6 to $7 so far on good earnings…potential short but only if it gets very very over-extended
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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%)
