15 Hot & Sketchy, Some Chinese And Mostly Biotech Penny Stocks
Posted by Timothy Sykes on Wed 15th of Apr, 2009 12:50:51 PM
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This was sent to TIMalert subscribers at midnight today:
Happy 28th birthday to me, another year older (remember THIS is what I looked like a little kid, yowza!), just more determined to cut through all the BS to teach you guys how to profit from it all! Potentially busy today, 15 stocks on watch:
DNDN was the stock everyone’s talking about, jumping from $7ish to the mid-$20s on positive drug news…then making a great short down to the mid-teens…I didn’t touch it, nor did I have the slightest urge to touch it either way…I don’t like drug news plays because nobody, and I mean nobody, understands the science/potential…still, usually a decent bet to short stocks that jump 250% right after the news comes out, much of it is due to short squeezing, next!
BSDM surged from $1.75 to $2.75 in the last hour yesterday on some afternoon FDA news they got approved to sell their junk…this stock is totally a potential short!
AXPW jumped 65% to $1.65 on battery contract news…nasty nasty longterm chart, reminds me of SPRD which was a good winner for a few days, then it dropped like a rock…this one is a potential short, I’d love to short into more strength above $2!
MGPI has broken out a multi-month slump, now surging from $1 to $2 in 3 days, pathetic volume, potential short.
VTNC, after doubling from $3 to $6 in 6 trading days, then resting for another 6 days, broke out above $6, up 16% on the day on huuuge volume of 500,000 shares (compared to previous breakout volume of 100-200k), this is a potential buy as it might have some legs…
MDOR which had tripled in a few days, retreated nicely, 30%+ intraday, but there were very few shares available to short anywhere…next!
ISTA failed to breakout…and its illiquid…and its boooring, next!
CLZR was a pure pump from a beautiful wannabe newsletter with a massive email list, StockPreacher.com (Pallian designed it LOL)…I posted the full newsletter on the TIMalerts.com subscribers-only website, read it and laugh at it for its naivety…I shorted waaaay late at $1.02 and covered within a few hours at 90 cents for $330 in gains…some other shorted and covered too…we were all late to the party (high was $1.50ish) and still had solid gains…still a potential short, although really only on spikes as the downside form here is minimal
Out $CLZR for $888.60 for 2009 TimProfit of $1196.06
-Reaper
made $200 on it, lousy entry
-BTB
SHORTED AT 0.98 2K SHS AND COVERED AT 0.89 , $180 PROFIT
-A.C.
GCI dropped another 20% after its 20% drop yesterday…I really screwed up not being in this, it fit my Short Selling patterns to a T…to a friggin T…and yet I was too busy with boring FEED…I apologize guys, I dropped the ball on this one…and yet I can’t help but rejoice that several PennyStocking DVD students banked (in the DVD I stress that I’m not a great trader and that you can do better than me!)
GCI:1500 Shares shorted at 3.501 and covered at 3.34ish for a profit of $206.98. Its nice to make 200 dollars while watching a movie. Thanks Tim.-James
FEED I sold my 4000 almost right at the open, catching the morning high in the $3.26 range…making $500+…it was depressed by the nasty overall market opening and too many fickle traders so unless those traders had all the variables aligned for a big day, there was little chance I was gonna sit around and let them do what traders do, exit positions quickly…learnnnn people: no matter excited I am about a stock, I’m a trader, I exit positions when things don’t go according to plan and the lack of a gap up and sellers everywhere meant I would cut my position quickly, small gain or loss was irrelevant, I just needed to get out…surprisingly, the stock squeezed late day and helped some people like TIMalert subscriber & PennyStocking DVD student Timmy Bohen bank nearly $1,000 buying it late day…very rare for this pattern to play out like that, the breakout turned out to be $3 to $3.50 instead of $3.30-$3.80 like I wanted…cant be perfect, and all you subscribers who cut losses quickly and now feel guilty, don’t…8 or 9 times out of 10 this wouldn’t comeback at all…the good news is it’s a potential buy and we can still get a 50 cent/share rise within a few hours today or tomorrow.
out $FEED +$876
-TBohen
Bought FEED 750 shares @ 3.08, sold the next day at 3.15 (too late to hit the market open). $45 profit after commissions.
-V.
in at 3.10 out at 3.20 waited a little bit after alert… small profit… thats good for me
-V.G.
bought 1000 shs FEED @ 3.09 , sold at 3.09 … hate trading on my blackberry … slllllllllllllllllooooooooooooooow… was at 3.15 when placing the order, already down to 3.09 when i click confirmed…
lost $10 in commission to IB
-H.P
bought at 3.15 sold at 3.14, small loss
-G.T.
out at 3.08, bad exit.. -$30, but up in RCRC after nice morning panic..
-R.D.
Out at 3.12, ($79) next!!
-Spit
NWBO is another DNDN-type cancer play that more than doubled from 75 cents to $1.70 in the first few hours yesterday, then faded all day…already down to $1.10ish, still a potential short on any further spikage
VION & AGEN are two more DNDN-related plays, both are potential shorts as neither have anything going for them whatsoever and the bitter longterm shareholders will sooner rather than later take advantage of these spikes and sell, inevitably forcing prices lower
STBK is a piece of crap little NJ bank that’s tripled from $1 to $3 in 4 days on volume of under 100,000 shares—yesterday was the “big” volume day with 60,000 shares traded—potential short, you should all know the intraday pattern I look for before shorting…its detailed in my PennyStocking Part Deux DVD
OMX might be a real company, but its surged from $3 to $5+ in just a few days, yesterday was its first down day, slightly, closing at $5.13…support is $5 and if it takes that out, it could be a good short as stop losses could push it down to the $4.80 area that has some support, then not much support until the low $4s…potential short for sure.
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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%)
