14 Penny Stocks Breaking Out & How To Make $2,000 Trading Them!
Posted by Timothy Sykes on Mon 10th of Aug, 2009 12:30:51 PM
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the following was emailed to TIMalert subscribers at 7:30PM ESt LAST NIGHT so they could be PREPARED for today’s trading, don’t you wish you were that special?
If you missed Friday’s LiveStock from Beijing, you can watch it HERE
Also definitely check out THIS map of worldwide internet users, pretty interesting numbers.
TIM trading account—now stands at $70,025 after covering my WUHN short for $400ish profit…up 65% in 2009 and up 464% in the last 22 months
Longer Term Account $53,597, lost $200ish on CHINA short…no positions now…up 7% since May 2009 inception…this account can be auto-traded by subscribing HERE
Friday was a weird day, really thought I’d win nicely with CHINA and WUHN shorts, but no dice…exited both for only $200 combined profits…played it safe, TIMalert subscribers still made $2,000 on Friday:
Sold OPXA at 2.40. PLUS 1600. Still holding 3000 OPXAW.
-zulobb
Sold APWR for +157, Held from 8.20 overall market appears to be “Correcting” whatever that means. Locking in gains.
-dsmith
covered CHINA @ 2.85 with $120 loss.
-Bill
Covered @ 2.86 for $150 loss.
-nifri
covered @ 2.85 with $107.88 loss.
-hiro
covered @2.86… -49.97
-tryp
I covered RDN when it bounced this morning for +400
-TBohen
Out of China 2.82, I tried but China won’t give up… Tim loss $64
-Terran
Overall up $60 on CHINA this week…
With my ~$100 no SCLN, that brings my total TimProfit for the week to $280.
-parabol64
CHINA and CDCS I covered my 3000 CHINA short at $2.87, very disappointing because I was dead on that CDCS would continue to drop, which it did perfectly from $10 to $9.25 (ignore the last second tape painting to $9.60 by desperate underwriters not to appear as incompetent as they truly are)…unfortunately, CHINA did not drop, so it squeezed short sellers a bit…still a potential short as CDCS will most likely keep dropping (that’s a potential short too, but its down a ton already)…remember, CHINA’s longterm chart shows how truly pathetic a publicly-traded company it is, don’t listen to the message boards full of hype and manipulation
WUHN was also disappointing as I covered at $3.69…not gonna hold stocks short that can’t break below technical support…$400ish gain, just like the several TIMalert subscribers who also shorted this…still a potential short if it can continue to fade, but it must break below $3.50 or else an OHB-squeeze is possible, but not probable.
OHB has now begun to fade a bit at $5, after squeezing from $1 to $8…this is still a potential short as most short sellers are squeezed out by now, and there are only a few buyers who want to buy a stock up 500% in a week or so.
NF Energy Saving Corp (NFES) has been promoted higher by StockWire.com from $1 to $1.50ish, but the volume is pathetic…potential short when this pump turns into a dump, too bad there’s not more downside…expect CGCA/NENE-like post-stock promotion price action.
Speedus Corp. (SPDE) announced some breakthrough hard drive technology…zzzzz…this would’ve been exciting back in the days of Iomega, but now all I can be is dubious of how important this is, given the stock’s 300%+ one day rise…of course it is only a $12 million marketcap (even after the rise) so could this new technology be worth more? Sure it can! I NEVER want to debate valuation, all I know is this is important news, aka not a pump & dump so while I’m tempted to short, I’m also tempted to buy if it can really breakout and pull a DDR-like run…doubtful, but possible…I’ll try to reserve shares to short just in case, but unless the price action is really perfect fading or some extreme spike, I probly won’t short.
Opexa Therapeutics Inc. (OPXA)…..Nope, you don’t get my entire watchlist because you’re not a TIMalert subscriber!
TIMstore Monthly DVD Specials:
See all TIM DVD specials HERE
Related Reading
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jammy15yr
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%)
