Daily profit: ($37.19)
Disclosure: No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
The Best Source for Penny Stock Insight
Daily profit: ($37.19)
Disclosure: No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
Daily profit: $105.94
Disclosure: Short 2,000 ANTS and 5,000 HAUP. No positions in any other stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
See the video for my thoughts on the various brokers I use. See also my first impressions of Speedtrader and my review of SogoElite. [Edit 6/21/2011 — Subsequent to me posting this video Sogotrade has changed hands (Genesis Securities sold it to Wang) and the borrows for shorts are not good there anymore. I recommend against using Sogotrade.]
More posts on brokers:
How to borrow shares to short
An introduction to short selling at Interactive Brokers
Interactive Brokers brings the stock loan marketplace to the independent trader
HOD list: How to find stocks breaking out to new highs
My Interactive Brokers Traders Workstation configuration / workspace
How to scan for pre-market gainers using Interactive Brokers
Disclosure: Short 2,000 ANTS and 5,000 HAUP. No positions in any other stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
Daily profit: $523.92 (unrealized losses of about $2700)
Weekly profit: $8,207.68
Disclosure: Short 5k SFMI and 4.3k HAUP. No positions in any other stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
Trades today (except those at SogoElite):
09:31:26 KNDR B 0.059 10000 NITE
09:32:59 KNDR S 0.064 8000 NITE
09:32:59 KNDR S 0.064 2000 NITE
10:36:08 USPS B 0.16 10000 NITE (This was a twitter pump; I somehow missed the earlier email pump; oops.)
10:36:09 USPS B 0.16 10000 PFSI
10:36:10 USPS B 0.16 10000 NITE
10:37:34 USPS S 0.159 500 NITE
10:38:57 USPS S 0.15 5000 NITE
10:45:09 USPS S 0.14 5000 NITE
10:46:04 USPS S 0.14 6500 ETMM
10:46:12 USPS S 0.135 3500 ETMM
10:54:56 USPS S 0.149 9500 NITE
+ SLD 5,000 DIVX false Stock 7.426 USD BATS 09:33:17 25.00
+ BOT 2,500 DIVX false Stock 7.401 USD BATS 09:36:47 12.50
+ BOT 2,500 DIVX false Stock 7.400 USD SMART 09:37:00 12.50
+ SLD 5,000 SFMI false Stock .380 USD SMART 09:44:12 9.50
BOT 5,000 SFMI false Stock 0.4050 USD SMART 09:59:51 10.12
+ SLD 3,933 DIVX false Stock 7.410 USD SMART 10:31:54 19.66
+ BOT 3,933 DIVX false Stock 7.390 USD SMART 10:36:08 19.66
SLD 5,000 SFMI false Stock 0.4020 USD SMART 14:34:23 10.05
+ SLD 5,000 SFMI false Stock .430 USD SMART 15:04:21 10.75
+ SLD 500 HAUP false Stock 2.502 USD ARCA 15:45:15 2.50
SLD 500 HAUP false Stock 2.9700 USD ISLAND 16:03:10 2.50
Daily profit: ($265.67)
Disclosure: Short 10k SFMI and 1k HAUP. No positions in any other stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
Mentions of AEHI in chat:
[May 12, 2010 12:00:56 PM EDT] JC AEHI hod
[May 12, 2010 12:17:32 PM EDT] JC AEHI seems pumped hmm
[May 12, 2010 12:22:32 PM EDT] JC frigging… AEHI new hod
[May 12, 2010 12:24:59 PM EDT] SteveS AEHI how high will that go?!
[May 12, 2010 12:28:03 PM EDT] Reaper AEHI omg
[May 12, 2010 12:28:09 PM EDT] JC wtf…AEHI..
[May 12, 2010 12:30:28 PM EDT] Reaper shorting a bunch of AEHI … very risky
[May 12, 2010 12:30:46 PM EDT] Reaper short 3100 AEHI @ .97055
IFLG a nice short (in SogoElite, not shown below):
[May 12, 2010 2:57:57 PM EDT] Reaper shorted 1k IFLG @ 5.35 @ sogoelite … very tight 10 cent stop
[May 12, 2010 2:58:50 PM EDT] Reaper I like the big offers on IFLG @ 5.37 and 5.40
[May 12, 2010 3:05:59 PM EDT] Reaper covered 500 of my IFLG @ 5 still short 500
[May 12, 2010 3:09:42 PM EDT] Reaper out IFLG @ 5
My trades today (except those at SogoElite):
BOT 1,000 AMEL false Stock 1.3100 USD SMART 10:26:48 5.00
BOT 1,000 AMEL false Stock 1.3100 USD ARCAEDGE 10:27:22 5.00
SLD 2,000 AEHI false Stock 0.9300 USD SMART 12:27:34 9.30
SLD 100 AEHI false Stock 1.3400 USD SMART 12:28:53 1.00
+ SLD 1,000 AEHI false Stock 1.030 USD SMART 12:30:22 5.00
BOT 1,500 AEHI false Stock 0.6000 USD SMART 12:45:10 4.50
BOT 1,600 AEHI false Stock 0.6500 USD SMART 12:58:53 5.20
+ BOT 5,000 DIVX false Stock 7.235 USD SMART 15:48:17 25.00
+ SLD 2,500 DIVX false Stock 7.300 USD ARCA 15:48:52 12.50
+ SLD 2,500 DIVX false Stock 7.400 USD ISLAND 15:49:12 12.50
+ SLD 500 DIVX false Stock 7.510 USD SMART 15:50:58 2.50
+ BOT 500 DIVX false Stock 7.550 USD SMART 15:54:12 2.50
09:53:31 PRWP B 0.8 1630 NITE
10:22:18 PRWP S 0.83 1185 NITE
10:19:11 PRWP S 0.83 445 NITE
Daily profit: $2,193.60
Disclosure: No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
Disclosure: No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
In addition to the trade recap I talk about MCGI starting being cleared through the DTC.
Daily profit: ($119.00)
Disclosure: Short 2000 AMEL. No positions in any other stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
People in Tim Sykes’ chat room were some of the first to know about the pump of MCGI:
[May 10, 2010 9:32:06 AM EDT] Reaper BDPS pumping MCGI
[May 10, 2010 9:32:06 AM EDT] Reaper My New Pick Is MedCareers Group Inc. ( MCGI ) MCGI Is Still My #1 Stock For 2010 and I Am Not Backing Away!
[May 10, 2010 9:33:55 AM EDT] Reaper woohoo MCGI I got a bunch at 1.60
Video trade recap:
MCGI intraday chart (click for larger image)
Daily profit: $5,874.83
Disclosure: Long 2,500 MCGI and short 1000 AMEL. No positions in any other stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
Are you curious how I find stocks making new highs so quickly. Watch the video as I show and explain the “HOD list” or “high of the day” list.
Disclosure: No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.