Trading The Latest Hot Beverage Stock: Skinny Nutritional (SKNY.OB)

Skinny Nutritional (SKNY.OB) (oxymoronic?) just launched the latest zero calorie water brand, Skinny Water, lured in some third-tier Coca Cola executive to serve on their board, basically entirely for his title (giving him 2mil shares–and many others many millions more–while unsuccessfully / humorously / amateurishly trying to ticker spam that announcement to get included in the Yahoo! news of Coca-Cola bottling (COKE), Pepsi (PEP) and of course Coca Cola (KO) (silly pumpers, for some strange reason, you guys haven’t read my book An American Hedge Fund, if you had, you’d know ticker spam is for kids…back in 1999-2000!), all the while trying to pitch themselves as the next Vitamin Water.

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I’m Travelling But Who Cares, Here Are Some Hot Penny Stocks

Gonna be traveling all day to my U of M speech so considering how good some of these plays are looking, I’m gonna miss out and inevitably get some emails sayin’ I’m a failed trader, but that’s a small price to pay to get the expected 150+ students to think cynically about the financial industry freakshow! Here’s the microcrap landscape…cheers:

PDO just keeps it goin, showing why THIS trade was actually pretty damn good, at least for a short seller—as I preach in PennyStocking, shorting, while ultimately correct considering how shady these companies are, is much tougher, I really want you guys to learn to play these from the long side (something which I could never really master)…as for when to short, don’t stand in it’s way, this is a full fledged Supernova! Just sit back and let all the early shorts kick, scream and ultimately panic cover—that’s when I’ll start looking’ to enter

HDY is another sketchy oil and gas play that puts out exaggerated PRs, spikes and then does nothing…last 7 spikes have all been good short opportunities, their PR firm is Investor Awareness Inc whose business—judging by their other clients—is to take a few thousand dollars/month and do little to nothing offering up excuses like “it’s tough to get any upside in a market like this” and “no microcraps are doing well right now”. Too bad HDY doesn’t hire somebody scummier/more unethical so this stock can actually pumped like it should be!  

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The SmallCap Pump & Dump Capital Raising Game: AgFeed Industries Inc. (FEED)

What’s the ultimate goal of publicly-traded smallcap companies? They sell shares when their stock prices surge to raise the most capital possible. This morning, recent high-flyer Chinese pig-farmer (FEED) did just that, becoming the latest victor in the smallcap pump and dump capital raising game, raising a cool $10 million, selling shares at $16, less than 10% below their closing price of $17.40. What are they gonna do with this newfound capital—buy more pig farms of course!

You can look at this two ways—it’s great for the company that they could raise so much $ at such high prices—usually these financing deals are done at much bigger discounts, think 25%+. The capital gives them a shot at true business glory, even if the odds are still decidedly against them. Then again, it’s dilution below market prices—the rich get special deals—so this stock should open lower as poor people sell their shares—wondering how to buy stock 10% below market prices (hint: you either need to give the company a lot of $ or convince them you and your connections can and will pump up their stock price)

Don’t get me wrong, agri stocks are hot and this is a clear chart breakout so I have only two concerns:  

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Travelling Most Of The Day But Here Are 5 Hot Penny Stocks To Watch

Can you guess what my take is on these ? That’s right Pinky, it’s the same thing we do every night–short sell hyped up pump and dumps when they go negative on the day right before the market close. Of course they have to be up enough first, otherwise we just stalk. And remember, (SMI) is news-related and (BEXP) is a hardcore breakout so those really have to surge more / fade perfectly to tempt me…I’m no hurry on any of these, I’m gonna let them come to me…

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The Supernova Chart Pattern Strikes Again

TIM $14,616, Up $212 on the Day, Short 1000 COINZ @ $3.43

Good thing my trading addiction made me make a trade during my layover as COIN tanked perfectly along with the rest of the market. COIN probably would’ve taked anyway due to the perfection of its chart pattern. COIN is now at the exact same price it was trading at before their CNBC mention, while other agri plays like SEED, MON, MOS, NOEC are all 20-30% lower (bodes well for me).  

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Wow, Anybody Short COIN?

I’m sitting in the Minnesota airport, watching COIN and this market get annihilated. Anybody lucky enough to short COIN? This is why traveling sucks for traders–who knows if I could’ve even gotten any shares to short, but just watching it drop 20% inside of an hour (which was completely predictable once it cracked $11.50, as I’ve posted numerous times) is fun enough.  

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Shady Is As Microcap Does, Say It With Me Now, It’s All In The Chart

TIM $14,404, Up $17 on the Day, No Positions, Traveling All Day Tomorrow

Like 99.9% of the civilized world, this guy just doesn’t understand microcap momentum—he tries to uncover how shady the company is. FYI buddy, every microcap is shady, start likin’ it! See my comment at the end of his “article”.  

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What A Day For A Big Time Screw Up And Redemption

TIM $14,387, Up $536 on the Day, No Positions

What you can learn from Cynical Exaggerating Opportunists (CEOs) (hey, they changed my title, can you guess what the original one was?)  

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COIN Just Cracked Perfect Sideways Action

As usual, I shorted waaaaaay too early pre-market at $11.80, but as those of you tracking my trades on Covestor know, I just doubled up (don’t try this at home kids–I’m just incredibly bored at the moment not being able to day trade freely and will probably fund my account to get over $25k so I really have nothing to lose here) by shorting 1,000 COINW at $4.393.

This should be it for COIN’s run for the time being, as those of you who’ve bought my DVD know, this is the beginning of the end for the supernova chart pattern, stock’s at $12.30 now, let’s see how far down we can go!  

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