11 Penny Stocks To Buy & Short Sell, $9,000+ In Trading Profits Friday

Posted by Timothy Sykes on Mon 14th of Sep, 2009 12:30:45 PM

This was sent to TIMalet subscribers ad midnight last night, right when some of you were starting your graveyard shift trying to make $100-$200 for a sleepless night (you don’t have to anymore):

TIM trading account—now stands at $74,400ish, lost $1350ish on my latest OPXA short sales, very undisciplined, account was up 8% in August, up 77% in 2009 and up 508% in the last 22 months

Longer Term Account $57,630, no positions or trades, account is up 15% since May 2009 inception…this account can be auto-traded by subscribing HERE

Get ready for tons of brand new features for TIMalert subscribers when PennyStocking.com
launches in October!

TIMalert subscribers had a great Friday, up $9,000+ in trading profits!

I watched you on Wall St Warriors a few years ago and interested by your strategy. I have got to the point where I need a new trading strategy. I signed up one week ago for the TIMalerts (not sure why I waited this long) and now rolling with IB. Over the past 7 days, I am up +4,400, 15.6%, in one week!! I have not had this much success in such a short time on my own and hooked on PennyStocking.
-Josh

remember i told you about VG going up ? i am up 4500 $ on my positions. still holding
-S.

Covered my OPXA short at $4.06 from $4.11, made $120. Don’t want to risk holding over a weekend.
-Adam N.

$500 Tim loss OPXA
-Terran

in and out of RODM for a quick scalp +$600
-JCastellon

Made $500+ on a short of OPXA just now. Took about 20mins.
-kald

Vermillion, Inc. (VRMLQ) jumped 2,600% to the low $1 range after getting positive drug news…even at $1.29, this is only an $8 million company and their Ovarian cancer test, which will apparently be ready later this year is certainly worth than that…potential short only because the company is in bankruptcy and lots of people who thought their shares would be worthless might sell into this spike and not risk it.

Jazz Pharmaceuticals, Inc. (JAZZ) cracked $10 and turned out to be the perfect short, straight down to support at $9 by 10:30am Friday morning…congrats to the TIMalert subscribers who took me up on my idea that it would do just this…I really need to have more self-confidence, this pattern proves itself again and again…possible further downside, but definitely not as a predictable, so I probly won’t play this…

Rodman & Renshaw Capital Group Inc. (RODM) is the other one I coulda woulda shoulda shorted on its first down day…don’t knock this simple pattern for its simplicity, JAZZ dropped 9%, RODM dropped 11%…obvioulsy its scary to short high fliers, but you see from my daily watchlists, whether I take the trade or not, this is a great Short Selling pattern…the risk with this one is business is probly booming so any news is probly gonna be positive news, meaning potential analyst upgrades, raising earnings estimates…not sure if its worth the risk with a big potential for spiking so I sit and watch, congrats to those TIMalert subscribers who laugh at risk, for better or worse, this time you won a cool 11% gain on RODM on Friday, next!

Opexa Therapeutics Inc. (OPXA) is for TIMalert subscribers only!

Mercer International Inc. (MERC) don’t count this one out as a potential buy just yet…it might have taken a few more days to hold the $3.40ish level, but its still breaking out…my guess is it breaks out slow, very SciClone Pharmaceuticals, Inc. (SCLN) -annoying-like

Genova Biotherapeutics, Inc. (GVBP) is promoted by God knows how many stock promoters…this is up from 5 cents/share to 30 cents/share in just a few days, keep it going, suckers, please don’t read my stuff! Definite potential short as a 50% drop like SPNG, UOMO, CVRG whenever this pump turns into a dump.

CARDIAC NETWORK INC (CNWI) is for TIMalert subscribers only!

Tri-Valley Corporation (TIV) spiked from $1 to $3 on Friday after releasing an amended annual report…speculative gold play, definite potential short on any excess spiking or proper late Monday fading price action

Ambassadors International, Inc. (AMIE) has surged from 50 cents to $1.50 in just a few days, but they just announced a restructuring on Friday so a potential short it is not…I want to short pump & dumps, not distressed companies…next!

Commercial Vehicle Group, Inc. (CVGI) is a sleepy truck parts maker, but it just pulled off a massssive multi-week breakout on Friday in the mid $5s could go to the mid $6s or even $7s, potential buy, check out the sweeeeeet chart

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  • Name
    Timmy, I know it's not your style, but are you secretly keeping RODM in your long term portfolio? You give it a lot of back handed compliments, but it's clear you think the stock is cheap and is poise to go higher. Wouldn't anyone want to own an undervalued stock in a space where business is booming?
  • Nah, I'd only buy it on a breakout, otherwise, its just a telemarketer, hot right now or not
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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%)