9 Hot Penny Stocks For All You Wannabe Rich People Out There
Posted by Timothy Sykes on Tue 24th of Mar, 2009 12:45:43 PM
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This was sent to TIMalert subscribers at 4am today, you’re reading it waaaay late because you’re not signed up, correct that already:
With the whole market surging, there’s a ton of stocks on my watchlist…I’m not gonna short 99% of them because they’re distressed companies looking good to value investors…not my game..I like piece of crap companies/carcasses if you will to be surging due to hype/manipulation…the good news is these big up market days open the door to hype and manipulation, so c’mon Dow 8k!
GNCMA just keeps rising, $4 to $7, it’s a real slow moving company so this kind of runup is waaay too quick (already tried consolidating twice but shorts were quickly squeezed both times), probable short if/when it shows fading price action like I like
VOXW I covered 87 out of my 100 shares at $2.50…just too boring, I like my 38% 2-day profit…still got some shares but its GTC (good til canceled so Im in no rush…easiest $150 I ever made….ever…learnnnn the pattern please!
CRA was a previous TIMalert watchlist stock, up from $5 to $8, finished red yesterday right below key resistance, pathetic in a big up market, some TIMalert subscribers banked:
shorted 30 CRA at 7.89 (order for 400 didnt go through), shorted the other 370 at 7.74…covered at 7.58 for 68 profit!!!
thx Tim
-V.
SWHC finally broke above the key $5.75 resistance—multi-day and multi-month resistance to close just above $6…this is a potential buy as this breakout could signal good things to come.
RGR is the other gunmaker breaking out like SWHC…this one just broke above $11 yesterday…now no resistance anywhere in site, thought about buying later yesterday when it took out the day high, but risk/reward I didn’t love it since its such a high priced, slow moving stock, next!
SMRT is a struggling retailer up from $1.25 to $2.75 in a few days, reminds me of CHRS which was good for a 20% drop in 1 day but shorts had to be quick to take profits…this is a potential short, but I’m not jumping up and down since the entire sector is rebounding, not up on hype/manipulation like I prefer.
PIR surged nearly 300% to 60 cents after an analyst said they will survive…too funny…welcome to the BS game…with the price surge, now the company can actually raise $, proving the analyst correct and being self-fulfilling #58389838 in the penny sock world…potential short if it gets high enough quick enough.
MOD is a constant/longterm downtrender, it’s a real company, but its also probly going under (as foretold by the chart), stock has surged from $1.25 to $2.70 in 4 days, from 75 cents/share in 11 trading days…potential short if/when fading price action shows itself.
WGAT turned out to be a great short after their crappy videophones got pumped by the guy with the national v show with the crappy toupee…will these hypesters never learn? Anybody find shares to short, I couldn’t ☹
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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%)
