10 Hot Stocks & Other Cynical Views On The Trashy World Of Penny Stocks

VRML Still 1,300 Shares short @ $3.75
LGDI
Both are supernovas, LGDI near its highs, but VRML still up waaay more %-wise…both have fading volume, both can still squeeze shorts even though they’ll probly fail. I’m short VRML cuz it’s up on stock promoters, ill-researched media story and best of all the company is a truly failing biotech microcrap in the same vein as REED, VION, DARA and PSTI—each of which also jumped 200%+ and have now retraced ALL of their gains (PSTI is only halfway, but give its also the newest)

VRML coulda woulda shoulda gone negative on the day, cracking the key $3.40 yesterday, but they smartly issued a fluffy PR I won’t dignify linking to (they formed a committee)(you think they don’t know that would squeeze some shorts c’mon, this is the beauty of pumping–they don’t have actual business to tie them down, their business is getting the stock up!…still, after an initial spike, very nice gradual downtrending all day, great sign, sooner or later, we’ll get some panic selling

HDSN
You can’t stop this air conditioner play (seriously) after it just reported solid earnings…good for 25 cents/share intraday peaks and valleys, if you’re into that sort of thing

OIL
Woooo $125, I don’t care. I hope it goes to $1,000, then we’ll get plenty of great oil pump and dumps and our short selling profits will be that much greater when the whole world is in the midst of a crippling depression!  

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A Short Seller’s Dozen: What Stocks Get Pumped, Must Come Down, Usually

VRML Short 1,300 @$3.75
LGDI
SUNV
Getting up bright and early, I reserved shares in all three of these stocks to possibly short today, not knowing which I’d actually short. LGDI didn’t even trade for 5 minutes and when it did, it moved slower than an under-cooked lobster. SUNV didn’t breach the key $1.20 level until the afternoon (when I had no trades left), so it was all about VRML.

I wanted to short into strength cuz it was a classic short covering rally from yesterday’s $1.75 pullback off the highs…given the magnitude of the declines and that it’s still up 300+% in a few days—on an ill-researched story thinking this near bankrupt company will do anything but go under—meant short sellers would be aggressive. Afraid I’d miss the probable pullback, I jumped the gun too early, shorting 1,300 shares at $3.75…as I watched it hang around $3.90 x $4 for another 30 min, I wasn’t very worried as the big buyer blocks were only on the bids—the wall of sellers at $4 never in danger of cracking—a clear sign of pumpers trying to scare up buyers/short covering…inevitably, the volume faded, the bids disappeared and the stock spent the day chomping gradually away at its early gains, few buy orders at the ask. I’d call it a perfect crack of sideways price action in the $3.60 range, but it still managed to finish up on the day, so it’ not totally perfect…just yet.

Despite my poor timing, I’ve got a nice $380 profit so far, I let it ride overnight cuz I think it goes under or around $3 today or tomorrow, possible big stop loss panic if it take out $3, might get to cover at $2.60-$2.75ish if I’m lucky.

VNDA
Nice gradual fade, but not my ideal PennyStocking short, too tight a chart/variables not fraudulent enough to squeeze one in

BDCO
Everyone’s goin crazy over an 18 cent gain, leme know when it gets to $3, until then jewwwww noooo  

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Timmayyy’s 20 Totally Tubular Tickers To Trade Through Thinkorswim Today To Thursday

LGDI
Still on watch for a break under $4, gonna be tough to do from here, today at least, actually consolidated well until the last 5 minutes…still wouldn’t be surprised to see a big 50 cent-$1 upwards spike or at least that’s what I be praying for, oh yah man!

VRML
Mistake of the millennium yesterday, still gonna be volatile

ASIA
Now that’s a breakout…PennyStocking DVD student and upcoming grandmaster Tony Ellis kindly alerted everyone to this and then proceeded to make a quick $1,200 in 3 minutes…That’s right, the DVD preaches that you should these pieces of junk on breakouts, too—just as I did with COIN back a few months ago during a live radio interview

CSIQ
Trying to do the same kind of breakout—doesn’t interest me in the least, would require waaaaay too much precious buying power

SUNV
Finally a stock that doesn’t require much buying power—but it does waste a precious trade, a double jewww yahhhh f$%# you to my friends over at the SEC for that one! Volume’s fading though…gotta crack $1.25 to have any chance  

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15 Low Priced Stocks: Buy & Short Sell Some, Avoid Most, Despise Them All!

First, let’s get the fun / useless guessing game contest over with—with YHOO’s $24.37 closing price, there were 2 winners: Ann-Nan Lo $24.50 and DarkMatter $24.24—congrats guys! (UPDATE: Ann-Nan Lo has been disqualified cuz her winning guess was her second…wow, my readers are on top of things!)

Now to business, stocks with predictable charts—doubt any of these topics will get 200+ comments, but gimme a few years to set you straight. Tons of plays, gonna be handicapped yet again by the SEC pattern day trading rule—all that handicapping inspired me to write one hell of a post, which I gotta vet with a lawyer…

VNDA
Yes its bounced, but its a ton off its highs and it’s an earnings play, still watching it, doubt I’ll have the buying power to touch it, f$#@ you SEC!

LGDI
My top play for today, made $350 ayer, look to make more if and when it cracks $4.40 to the downside, could / should move fast when it cracks as that’ll put it slightly down on the day, potential to go all the way down to $4, then it’s a game of whether or not stop losses can get taken out, $4.05-$4.10 if it holds, $3.60-$3.70 if it doesn’t…and this is all of course after the probable / hopeful morning short squeeze , which could / should retest highs, pleaseeeeeeee…game of chess baby, I don’t know how to play, only game I know is PennyStocking where you gotta think a few moves ahead!

SUNV
Kills me I didn’t short into yesterday’s spike, read my twitter message about it (Follow me on there to get quick messages like that), I was all set! That calls for my second f$#@ you to the SEC in as any minutes.

FEED
Lesson in why you don’t scalp these range bound suckers, use my friggin experience to your advantage you dumb Jews!  

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10 Hot Stocks: Hanging Out With All The Liars, Cheats And Frauds In Penny Stock Purgatory

Seeing all the soulless scumbags around me, I can’t help but feel like this guy…name the movie!

LGDI.OB agri is so hot right now, great fluffy PR this morning, this is a solid pump—probly created by those who got cheap shares as disclosed in THIS toxic SEC filing just a few days ago…chart reminds me of NCEN from a few weeks ago—which dropped 40% off its highs, but patterns evolve (that’s right, you can’t just memorize patterns and then trade—you’ll get your ass handed to you, you actually gotta understand the variables that align to create them so you can ADAPT to change, as detailed in my instructional DVD PennyStocking) (welcome to why this niche is different from all others aka my publishing business model)

SUNV.OB Not enough time in the day to explain everything wrong with this company, its all just exemplified by this blatantly misleading press release, an interview for which they paid, no different from the half dozen mentions HERE for which the pumpers paid  

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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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10 Hot Stocks And Why It Might Be Fun To Short Sell Them

VM
After missing out on perfect 10%+ afternoon fades both Wednesday and yesterday (dan you publishing business model!), I shorted 1,000 shares at $4.01 into the market close yesterday…while I’d have preferred to short into some kind of bounce—as it might bounce a bit early today—this thing had too many things going for it: first down day, filling the gap perfectly, after a multi-day runup smack into resistance, a strong long-term downtrend, a history of rolling over after spikes, a failing business, upcoming earnings (where they’ll probly fail some more, as is their tendency)…there are buyout rumors so it’s not an ideal play, but I’ve learned to trust chart patterns much more than humans. It’s really gotta crack $4—if it does, stop losses and the chart pattern should bring it down to $3.6-$3.75 eassssy…not as much downside potential as I like here though and given the tough environment lately, I’ll play this one somewhat safe

MESA
Nice gradual intraday and multi-day uptrending, TheLion was all over this and that’s why they’re on TIMfavs (many more websites coming soon…)

JRJC
It’s baaaaaack, this Chinese spiker is trying to do what it does best, kinda tough to do into such a multi-month downtrend, but it actually helps too cuz lots of shorts are getting squeeeeeezed. This is now the 7th big spike where the last 6 proved to be great shorts—no pattern works the same each time, they evolve baby, as shorts are learning  

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Why Dennis Gartman Is A Classy Pump And Dumper & Some Other Hot Stocks

COIN
Yup, that old “classy” pump and dumper Dennis Gartman is at it again—re-adding this company with ZERO revenues (and even though they have PRs for everything including partnering with charities but can’t seem to find the time to put out ANY quarterly earnings PRs!)….last time he recommended this in Barorns right around the same price, the stock spiked and he admittedly sold into that strength, c’mon Garty, do your little song and dance routine again so you can pump and dump one more time! (SEC: I gotta remind you underpaid overworked fellas that original Barrons article was such a blatant case of stock manipulation—COIN was the only stock under $1 billion in marketcap). At least true bottom of the barrel penny pumpers don’t hide what they really are—they know they are scum—Gartman does—that makes him a typical industry villain!

Shorts don’t even think about it yet, yes, you might be able to scalp it, but never underestimate a scam of a company whose charts has now determinedly bottomed at $8 and $9…just not much downside here…short-term at least

BSHF
Totally screwed this one up yesterday, went short into a morning dip, looking for an outright panic, didn’t get it, 2 hours too early, seriously, so close, covered for a $90 loss…detailed post coming…when you know you have a busy day, just don’t trade—99 times out of 100, trading takes priority, but since launching this new site today was non-negotiable (and as you can see we’ve still got a ton of bugs to work out), wasting a day watching this stock wasn’t an option…stupid trade, even if it is a great example of how well shorting spa stocks works

PWSV
A spam stock breaking out higher…great example of why I take my profits quickly and don’t stick around to wait for hte FBI to bust in (they’re slow)

VM
To prevent me from trading—yes, it really is that much of an addiction—I turned my trading software off yesterday afternoon, missing this stunning beauty of fader…never say my readers ain’t smart, resident wise ass Ben Bien nailed this in the TIMforums before it dropped big–too bad he didn’t have a Thinkorswim account to short it though! Brand the chart below into your brains. Summary: solid multi-day runner, big-time short squeeze /rumors yesterday, you wanna short when that squeeze starts to fade (although I don’t like rumor stocks), in the afternoon when it cracks the $4.60 range

LNG
Another stock I missed rolling over, over the painnnnnnnnn

GST
Strong little sucker, remember, don’t even think about shorting until you see the whites of their eyes!

CDY
Spiked a few weeks ago, retraced, now it’s spiking even higher…gotta be careful with these, already sucked/squeezed a few short sellers out there

KTCC
Up on strong earnings, sure there might be some retracing going on, but I don’t short small stocks that put up big earnings, obviously the odds of giant success are still against them, but they’re putting up a good fight

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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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