11 Hot Penny Stocks To Watch & How My TIMalert Subscribers Made $3,000+ On Friday

Posted by Timothy Sykes on Mon 23rd of Mar, 2009 12:30:18 PM
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This was sent to TIMalert subscribers at 4am EST today:

Head’s up, the special pre-sale pricing to save $50 on my TIMfundamentals DVD package, in which I outline my entire TIMalerts nightly research process, ends this Wednesday, check it out HERE!

The busy days of a dozen+ plays per day continues…it’s a bull market, I love Short Selling into this stuff! See how my Friday watchlist performed and understand this isn’t rocket science but on the same token, I’ll never be 100% right.

CHRS was the one I was short 3000 shares going into Friday, I covered like a little bitch early in the morning for $150ish in gains, scared of the overall strong market…stock eventually finished down 21% on the day, welcome to why I’m a newsletter writer and not a hedge fund manager, I sometimes lack guts even though the pattern is perfect…luckily, several PennyStocking students banked as they understand they can do better than me:

Tim, I just covered CHRS at 1.17 for a $1220 profit. Like you said, pattern looked identical to FEED yesterday. I got out of FEED prematurely, but on this one I set a trailing stop and just watched the price float down all day. Thanks. Not bad for a day’s work.
-roblaws

Followed your lead for 4 days and banked $550. Thank you
-bruno

CHRS profit of $100 or so
-Reaper

Shorted CHRS from 1.48 to 1.25 for a $410 profit. Shorted ID @ 4.83, now below 4.7, holding over the weekend.
-N.

closed at 1.23 and 1.19, $360 profit. Thanks Tim
-S.

CNQR dropped 20% Friday on news the CEO never graduated college, especially since it was a perfect technical breakdown, everyone speculated fraud, news out Sunday says the board supports him…this could squeeze the shorts, potential buy

WGAT makes the video phones promoted on last night’s Celebrity Apprentice, don’t laugh, lots of suckers get taken in by ACN, who bought a ton of the several-years-old-wannabe-Skype video phones, stock is breaking out, but this is pure hype as the company and the phones have a solid record of failure…potential short if this gets too far

CKR is up a bunch in the past few days and had topping price action on Friday, but it’s a real company and that bores me…no hype or manipulation here, but it will be a decent short if it cracks below $8.50ish, stop loses should get taken out there

NGSX surged 60% on Friday due to good earnings, too illiquid for me but it’s a potential short since its up from $1 in 3 days

VOXW I shorted 100 shares at $4 near the market open on Friday…I didn’t short for the 1st 10 minutes and it’s sad that only 2-3 TIMalert subscribers shorted before/alongside me…this pattern is a gimme…up from 10 cents/share in 2 days…I would’ve shorted as many shares as I could find, this is an easy 50% gain…90% probability…those of you who didn’t even try shorting need to watch my PennyStocking DVD ASAP because you don’t understand how these are the gimmes you need to try to trade at any cost…stop guessing with real companies, focus on these plays, your welcome.

TRW is the auto bailout stock that surged from $1.5 to $4.5 in a few days, dropped 20% on Friday, was a great short for those who could find shares to short…if you didn’t, just keep trying on this pattern again and again, it might get frustrating, but all it takes is one

BAMM reported great earnings late Thursday night, stock surged 34% on Friday to $4.43…no resistance until $5, might be a good quick short if it goes up to $5, but careful since it’s an earnings play, potential short

CAR is a biiiiiig rent-a-car company but their longterm chart stinks…now they’ve surged form 40 cents to $1ish in 2 days, potential short on any excessive spike/fading price action.

ID is a great chart to short, but its boooooring, takes forever to drop, as several TIMalert subscribers have learned, next!

CRA has the perfect longterm downtrend that I look for and the stock is up from $5 to $8 in just a few days, up $1 in the last hour alone on Friday (short squeeze?)…potential short today for sure.

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Date Stock Buy Sell Net
Nov 6 QXM $4.31 $4.80 $1936
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%)