Penny Stocks Times Six, Profit Times $2,000, Potential Times Infinity
Posted by Timothy Sykes on Wed 17th of Jun, 2009 12:45:23 PM
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TIM trading account—now stands at $60,600, up $750 yesterday on my 3000 share overnight GWSC short…easy to short a stock up 1,000%+ in a few days on a pure pump & dump!!! I’m now up $2,750ish in June, up 388% in the last 18 months.
Longer Term Account $51,358 up $600ish on my SPNG short yesterday, great 35%+ gain, shorted 10,000 shares of the blatant pump & dump SPNG at 17.7 cents/share …up $1,358 since May 1st inception, no positions!
Nice day for TIMalert subscribers, they pulled in $2,000+ in profits yesterday!
Tim,
In AIM @ 6.31 & 6.376, out @ 7.001, 7.05 & 7.30 $1,115.00 profit!!!
-R.W.
I got out at 1.57 with a $220
-Spit
Covered JAZZ this morning @ 3.15 +$160
Sold SAY at 4.2 for +$90
-ub7
+$230 on GWSC … out GWSC again for another +$274
-Reaper
$150 bucks man… 600 shares, i am too busy at work to concentrate. need more time!
-bassman
AIM validated my thinking it had room to run, breaking out from the high $5s to $7, but it did in a very choppy fashion…not my kind of price action so I didn’t touch it, congrats to the TIMalerts subscribers listened to my premarket watchlist yesterday
GWSC had its first down day, setups don’t get much better than this…seriously, I’m not even gonna detail a dozen stocks today because none of them compare to this beauty…I shorted 3000 shares at $2.76 on the morning bounce off the $2.20ish lows…it faded all day, touching those lows 3 times, but bouncing each time, not unexpected for a stock only on its first down day….see my research HERE, I’m going to be aggressive with this short as I think the company did this pump & dump in order to do a much needed financing in the $1 range, if that happens, the stock should tank to around that level…my goal is just to cover under $2, ideally on a morning panic similar to yesterday when it dropped from $3.25 to $2.25 in 15 minutes…gotta see how it acts around that key $2.25 level, just know this entire runup is on thin air and the stock was at 25 cents/share a few days ago so forget about just under $2, it should be trading under $1 within weeks…risk is another round of pumping.
SHZ was basically flat all day, I covered near the market open at $1.67 for a pathetic 15 cents/share gain, or $300ish profit…it didn’t tank the way I wanted
SPNG dropped another 20%+ yesterday to 13 cents/share…I could care less about it now, I made 35% on my money in 1 day because it was the day on which several thousand people realized it was a pump & dump…longs and shorts are still emotional about it, that’s their weakness, I’ll only trade it if the stock promotes get it to break the 28 cents/share highs.
PGV has now surged $2 to $8 in the past 4 days, it’s still only a $7 million company, no news, who knows why it’s up, rumors galore…potential short on any proper fading price action, perfect longterm downtrend.
VOXW jumped 66% to $2.30 on news of a contract yesterday…the stock spiked immediately signifying the news was important, not due to some late day message-board-influenced runup…potential short, but only if it spikes a ton more like it did back in March.
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TIM Trades
View All| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| Nov 19 | AENY | $2.80 | $3.02 | $1148 |
| Nov 18 | NLST | $4.16 | $4.40 | $947 |
| Nov 18 | IMGG | $1.42 | $1.64 | $2094 |
| Nov 17 | NLST | $5.04 | $5.59 | $2195 |
| Nov 13 | VRMLQ | $21.50 | $22.97 | $2901 |
| Nov 11 | EONC | $2.61 | $2.80 | $687 |
| Nov 10 | EONC | $2.74 | $3.36 | $9784 |
| 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: $98,094 (681%)
