We Just Had A Truly Great Friday…$5,500+ In Realized Profits, $30,000+ Unrealized
Posted by Timothy Sykes on Fri 4th of Sep, 2009 05:05:35 PM
Tags:
REMEMBER: This special offer ends yesterday (I’m giving latecomers one extra day!), take advantage of it now because it really will make you a more profitable and knowledgeable trader…and you might have a little fun there too :)
Yesterday, within seconds of my actual executions, I told TIMalerts subscribers bought 2 stocks, Rodman & Renshaw Capital Group Inc. (RODM) and Mercer International Inc. (MERC), but both were perfect technical breakouts:
Bought 4000 RODM at 4.65…already up 10% on the day so I was hoping it’d cool off, but no such luck, right now its exactly at previous highs, so a double top is possible, but given the volume, business climate for toxic financings in which they specialize (everyone knows it, just admit it already) and the fact that they’re gonna promote like telemarketers about their conference next week, methinks there’s a good chance this goes over $5, my goal is to get out next monday or tuesday in the low to mid $5s, mental stop loss if it doesnt breakout of this mid $4 range
Bought 3000 MERC at $3.20…this one was on my premarket watchlist as a potential buy, resistance is at 3.25-3.30, if it breaks that, no resistance until $4…paper market is hot as evidenced by CLW and IP stock charts…my goal is to sell just under $4, very low risk since this is a real boring pulp company, stop loss at $3ish
…and TIMalert subscribers banked a bit so far, but since both stocks finished at or near their highs, most subscribers are holding (I’m up approximately $2,000 and holding)…
Here are the TIMalert subscribers who have profited so far:
Sold too soon on both MERC and RODM, made $505.
-BTB
out of RODM. +$1160
-Bill
+$2593.49 on 18,200 shares on MERC… couldn’t resist getting out when it spike so quick to 3.40 from my 3.26 entry… +$3117.49 on your two plays today, posted on TIMalerts.com, thanks!
-Reaper
I made 120 On MERC thanks tim
-Scrillawill
$136 proft on MERC
-K.
$70 tim profit on merc and rodm
-TF
Up $396 on merc. Boo-ya!!
-Torey
…odds look good for further upside come Tuesday…look at their beautiful charts and know that they’re popping up on every momentum trader’s watchlist as BUYS this weekend.
TIMstore Monthly DVD Specials:
See all TIM DVD specials HERE
Related Reading
-
Name
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%)
