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Unfortunately I messed up trading MSEH and lost a tiny amount on it. I don’t feel too bad though because I traded it well yesterday.
Daily profit: $190.50
Disclosure: Long 7000 PBEC that I intend to sell near the open tomorrow. No positions in any other stock 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.
No point watching other stocks when there a couple good bread & butter pumps in play.
SMCE – Getting the BestDamnPennyStocks re-pump. I am long 2500 shares that I will look to sell near the open; I will hope to find shares to short soon: ALFSS.
MSEH – Looks like it may have some more left in it. I played it well today but unfortunately it did not have a death drop (unlike NXTH on its first big down day). The close at $2.99 was tape-painting; otherwise it would have closed around $2.75.
MSEH 2-day 5-minute candlestick chart
Disclosure: Long 2500 SMCE that I intend to sell near the open tomorrow. No positions in any other stock 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.
Okay, I just could not resist … special guest Kermit The Frog (aka me) sings a few lines from his song “Pump & Dump Connection” at the beginning of my video. The second video is the original song, “Rainbow Connection.”
Pump & Dump Connection
Daily profit: $3,354.19
Rainbow Connection
Disclosure: Long 2500 SMCE that I intend to sell near the open tomorrow. No positions in any other stock 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.
One very bad trade and one good trade today. No watchlist tonight … just MSEH on watch.
Daily profit: ($604.03)
Disclosure: Short 8,000 MSEH. No positions in any other stock 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.
MSEH – So very, very beautiful that nothing else is worth watching. ALFSS.
MSEH 3-week, 30-minute candlestick chart
Disclosure: No positions in any stock 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.
I missed what would’ve been a great bounce trade on CTIC and I had just one tiny trade. Nevertheless, it was a great and glorious day. If you do not understand why then you need to improve your apperception!
Daily proft: $34.99
Disclosure: No positions in any stock 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.
FLWS – Nice little breakout move, could be nice if it goes over $2.75 tomorrow.
MSEH – ALFSS, still.
AMOK – Despite two red days this pump held together. ALFSS.
Disclosure: No positions in any stock 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.
I only made a couple small trades as I spent the afternoon on the road … despite my travels I did watch the market.
Daily profit: $523.12
Weekly profit: ($671.24)
Trades at IB:
+ SLD 1,000 LTUM false Stock 1.250 USD SMART MAR 19 09:44:40 5.00
+ BOT 1,000 LTUM false Stock 1.230 USD SMART MAR 19 10:34:22 5.00
BOT 10,000 LHPT false Stock 0.0150 USD SMART MAR 19 12:14:57 1.00
BOT 50,000 LHPT false Stock 0.0150 USD SMART MAR 19 12:14:57 3.75
SLD 30,000 LHPT false Stock 0.0230 USD SMART MAR 19 12:16:18 3.45
SLD 30,000 LHPT false Stock 0.0245 USD SMART MAR 19 12:16:51 3.68
Disclosure: No positions in any stock 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.
Nothing too exciting on watch that is new.
MSEH – ALFSS.
HMNA – Potential short on break of $2.
Disclosure: No positions in any stock 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.
Stress from other things and a painful (but not huge) drawdown from my super-secret trading strategy have led me to be too risk averse and I have skipped out on several trades that would have been good such as on HMNA. I begin the video with a short rant against people who trade based on what their understanding of how important news is when they are far from experts in the field (particularly with biotechs).
March 17th profit: $312.50
March 18th profit: $220.65
Trades at IB:
+ BOT 25,000 SKTO false Stock .081 USD SMART MAR 17 11:22:44 10.07
+ SLD 15,000 SKTO false Stock .074 USD SMART MAR 17 11:34:31 5.54
SLD 10,000 SKTO false Stock 0.0730 USD SMART MAR 17 11:34:31 3.65
+ BOT 610 HMNA false Stock 2.210 USD DRCTEDGE 12:38:28 3.05
SLD 610 HMNA false Stock 2.2500 USD ISLAND 12:41:03 3.05
Disclosure: No positions in any stock 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.