11 Stocks Under $10 On My Watchlist For Today
Posted by Timothy Sykes on Tue 31st of Mar, 2009 12:45:35 PM
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This was sent to TIMalert subscribers today at 3AM EST:
Whether I’ve been the perfect trader or not, my PennyStocking strategy has been on fire lately…check out these opportunities, some of which I’ve profited on, but most of which I’ve left bigtime profits on the table…great news that soooo many of you are taking the strategies and patterns detailed in my instructional DVDs and profiting from all sorts of low priced stocks and patterns:
nice tank on TRW at the open. Missed it this time but made about $250 on it last week when it tanked, my first Tim short — thanks.
-Steve
Timmay,
Your girlfriend just made me $400.. sold SPRD at 2.25.. Thanks..
SOLR is the strongest solar stock around, I thought about shorting it since all other solar stocks have gotten crushed, but the price action is too choppy and the price action too strong, even in this down market…potential buy if anything…
DDRX doubled yesterday after getting very lucky selling off a big portion of their company, $7 million marketcap, not interested in shorting or buying, next!
LNC is a sketchy financial/insurance company, normally I wouldn’t touch it, but the chart pattern interests me, it’ll be a great short and when it gets close to taking out $5…
HIMX I shorted and covered last week for decent profits, but yesterday it dropped 20%…’twas the big cracking day….of course I wish that happened while I was short, but the good news is that even though I covered quick, some TIMalert subscribers didn’t and they banked!
$678 in a few days, hell yes Tim!
-J.J.
I made $403 on just a small position, chart reminded me of the ones in PS2, thanks
-George
XTNT was stairstepping higher, but now the chart has gone vertical and its tripled off its 40 cent lows…potential short
SPRD spiked from the get go, was a great over-the-weekend hold…as my girlfriend posted, she bought at $1.75 and sold at $2.20 premarket, great $350 profit on a sub $5000 account…others profited too, sorry I wans’t more aggressive in buying that solid news breakout, but unlike THIS guy, I would never hold a stock long that fades so perfectly throughout the day…learn to follow price action…Hiro, you may need private coaching lessons if you think perfect fading action is a sign you should still be long…this is a clear potential short
TRW had held its 300%ish gains for several days, yesterday was the 1st cracking day…potential short still as those kinds of cracks are usually just the beginning of bigger downtrends….potential only, you guys know I don’t like shorting after big drops already.
VTNC had a morning panic down 10% before rebounding slightly…I thought about shorting before the market close, but it’s illiquid and finished strong so I stayed away, potential short still, but I’m really looking for something more liquid/volatile.
EVK was a great short for a morning panic down to $1.80 within a few minutes after breaking below $2.20…but then the rest of the day was an illiquid short squeeze back to $2.33…too illiquid for me and you TIMalert subscribers, I’ll focus on better stuff, next!
ARNA’s fat pill bombed, I was right when I called the company and their drug a carcass…CNBC and Stansberry Research were dead wrong…see my whole blog post and laugh at Stansberry’s atrociously incorrect research report which I’ve reposted HERE
ZAGG reported solid earnings, but this is one sketchy company—as evidenced by their hiring of Red Chip for promotional services…Red Chip companies are far and away the majority of the worst microcaps around…not surprising that despite early strength, the market makers took out stop losses and created an afternoon plunge…gotta love OTCBB manipulation, trade these sketchy companies and that’ what you get…no play here for me now.
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OptionsTrader
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%)
