Posts Tagged ‘Potential Plays’
Rounded Up A Bunch Of The Usual Suspects
Goood Monday morn, rounded up a bunch of the usual jokers…at least usual since last week…some could be setting up for something worth my time / capital, we’ll see:

(RDTA) now (TIGR) As I detailed HERE, this is the top stock I’m watching this week, hopefully my typically cynical article hasn’t scared away too any suckers yet! (not ideal…yet)
(EDEN) Remember this guy from last week? Yah, tough to forget, let’s see how many shares we can find to short—woah there got 2,000 borrowed and reserved—nice but I hate these low marketcap plays (not ideal)
(PWSV) Nice first down day, perfect afternoon fade included…too bad I couldn’t find any shares, no biggie, these things are too illiquid (not ideal)
(DGLY) People wanna short this, why? You might scalp a few cents, but it’s a perfect breakout on solid fundamental news…no no no kids too little downside (not ideal)
(ASIA) A TE special, might breakout this week, or it might be waiting until 2012 to do so
(ISRG) Big ass triple top on only decent earnings, good lesson in why you wait for the breakout, you don’t try to anticipate it…good avoidance
Hot Stocks: A Bunch Of Mediocre Wannabes aka Stocks Not Gone Wild
No ideal trade setups, just getting bored by a bunch of mediocre chicks

(GOOG) Great earnings, gotta respect the after-hours stock gains, optimistic people looking for an excuse…but be careful–$200 million in one-time currency gains—without it, wouldn’t be such a blowout…too pricey a stock to matter to TIM, but just be a little weary here.
(FEED) Just cuz I said this is a typical smallcap raising capital at inflated prices, doesn’t mean those inflated prices will deflate anytime soon. Classic finance idiots gotta learn to read—what are you guys a bunch of typically coked out Wall Street ANALysts
?—I also explained that whoever bought the $10 million at $16 now has a huuuuge incentive to pump the stock. It’s called a balanced blog post, deal with it suckas!
(MMTIF) Still watching this TRUE pump and dump, again doesn’t mean I’m gonna short it—pump and dumps can last much longer than anyone expects, as (MXFD) shorts have learned the hard way
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…
6 Small Cap Plays: Natural Gas Stocks Are White Hot
(BEXP) If I wasn’t such a wus at buying breakouts—preferring to short later, this would be the play…4 million shorts getting squeeeeezed

(PSTI) Another day, another multi-billion dollar drug market mentioned by the company, what could go wrong? Respect the pump but don’t believe the hype–we’re talking pre-clinical here, motor oil works at that stage, doesn’t mean it’ll stand up when they actually start testing humans! Risk-reward of shorting this sucker here, well, sucks…pray for a big short squeeze
, don’t get squeezed yourself
8 Pumped Up Stocks To Watch For The Upcoming Week
(FEED) Strong volume breakout, most likely due to the after-hours Forbes article—you don’t think somebody leaked that, of course they did! This industry is far more corrupt than you could ever imagine, don’t bother digging for the truth, just profit from it….based on its chart alone, I coulda woulda shoulda bought into the close on Friday, but now it’s too late…hopefully we can get a big naïvely-optimistic-investor spike to short into…c’mon piggies, don’t read my blog, just buy buy, buy!!
(CNOA) Chinese rice play—pumped by the surprise tag team of CNBC and penny stock
promoters—in depth article to follow tomorrow—be careful here, all is not is not kosher, not by a long shot
Scanning The Horizon For Worthy Stock Trades

Thanks to (GE)’s pathetic excuse for a business, it’s stormy out there today! No new stocks on my radar today…lots of microcrap traders are playing (FRPT) and (MNKD)—TheLion.com’s all hopped up on them as if they were Mountain Dew. I like volatile low priced stocks just as much as the next guy–ok, maybe more–but not those of falling knives—their movements are based on rumors and speculation of further contracts/news…I hate trying to predict news…no I prefer predicting the effects of sketchy promoters and gullible suckers.
Speak of the devil..unfortunately, there’s no shares available to short of (PSTI) today—something tells me it’s gonna take the big dump under $4 today or Monday, but with my impatience there was little chance at me holding for a few days…as would be the correct course of action (as is usually the case aka you can do better than me!)
(COT) looks ripe for a big fall, at least down to $3, then it’s a question of whether or not it can take out stop losses there.
5 Stocks In Play Right Now: Day Trading Charts For One And All!
Yesterday I posted charts I was watching without commentary, thinking–or hoping–you guys were beginning to understand this game…other than 1-2 correct answers, the lot of you are still lost…tells me I’ve got a lot more work to do! That’s fine, bring it, one opportunity at a time…here’s today’s watchlist in order of the likelihood of me playing them:
(COT) Multi-day breakdown if and when it cracks $3.25, several failed tries now, scary scary stock to short…got me thinking that even if it does crack, it might still bounce…we’ll see

(NOG) Who says the 3rd up day of a big runup is usually a down day? Well, I do…but not when it’s during a multi-month breakout on solid news with a solid base just $2 below…last time this thing spiked, it jumped 55%, that would put a similar spike at $11..before shorting, wait to see the whites of their eyes!

6 Hot Stocks: Let’s See How Smart You Are
For months now I’ve been detailing my trading strategy, trade-by-trade, chart-by-chart, concept-by-concept…let’s see if any of it has sunk in. Today, I’m just gonna give you the charts I’m watching, nothing more…if I’m truly dong my job right, you should already know how I’m looking to play each one. Leave a comment and take the test!


6 Stocks In Play: Why Using Varying Time Frames Is So Crucial
Here are 6 stocks I’m watching—notice the charts use varying time frames…in order to put recent price action into perspective and to better understand how/if history will repeat and get the appropriate resistance/support levels, you gotta see how the stock fared the last time it surged so quickly/neared such prices…judging by the looks of these setups, probly won’t be any ideal trades today…what’s a stalker to do?
PSTI, ahhh, no shares available to short at Thinkorswim

Everyone’s getting all riled up to short QTWW, but as you see on this chart, it can go a lot further…got 3k shares borrowed just in case

14 Hot Stocks: How Their Charts Look And How I’ll Play ‘Em
No positions right now, here’s a list of a whole bunch of potential PennyStocking plays (in order of how likely it is I’ll play ‘em)
SYNM—really likin’ how much this is up so quickly, of course earnings are part of it, ideally it breaks out of its multi-month cup and handle, resistance around $1.50, but with a strong pattern like this, it could squeeze more, c’mon you pumpers, get this thing to $2 and I’ll love ya!

WSCI—on watch for multi-month and multi-day cup and handle breakouts, breaks $12.15ish and you’ve got a new high over multiple timeframes, I liiiiike, just gotta be careful of fakeout breakouts

UPDATES
May 15, 2008Yup, by next Monday, everything's gonna be real working-like!
May 15, 2008PDO, up $4+ today, will teach you not to randomly short strong penny stocks, get in, get out then run...cuz sometimes they squeeze stubborn shorts to death!
May 15, 2008No ideal short plays today, check out these 2 interviews while we wait for price action perfection
I wish I'd listened to my own rulebook, instead got squeezed for $400 shorting blatant-fraud KYUS too early...someone needs a refresher course this weekend!
I nailed NCOC's 20% rise today in my pre-market post, but I was too biased against buying little breakouts, learn from my mistakes!
May 15, 2008Lots and lots of new sketchy stocks to watch














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