The Best Source for Penny Stock Insight
AMOK – Going to be a wasted pump as it is already on the Reg SHO Threshold List.
MSEH – Pump that is back inch mode. I would love to short in a couple weeks or when it starts to really accelerate.
CHGI – ALFSS.
ZANE – I gotta be better about trying to buy this thing’s prodigious morning spikes.
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.
Trades at IB:
SLD 5,000 SNGX false Stock 0.2650 USD SMART 09:30:43 6.62
SLD 5,000 SNGX false Stock 0.2600 USD ARCAEDGE 09:31:38 6.50
SLD 5,000 SNGX false Stock 0.2510 USD ARCAEDGE 09:34:06 10.04
SLD 5,000 SNGX false Stock 0.2525 USD ARCAEDGE 09:35:03 10.10
+ BOT 3,000 ZANE false Stock 3.130 USD SMART 15:03:07 15.00
+ SLD 1,500 ZANE false Stock 3.260 USD ISLAND 15:05:17 7.50
+ SLD 1,500 ZANE false Stock 3.290 USD ISLAND 15:06:06 7.50
Daily profit: $290.99
Disclosure: Short 3,000 AENY. 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.
Sorry for the delayed trade recap; I had some larger than normal positions in illiquid stocks and did not want to give away those
positions.
Daily profit: $359.30
Disclosure: Short 3,000 AENY. 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.
CPWM – On short watch. This is a quite real company, though, not your normal penny stock dross.
CHGI – ALFSS.
SCOK – The one that got away. The best play would have been to short into the vertical spike on its last up day. No easy play now.
BVTI – The one that got away, part two.
MSEH – The new NXTH. It should have some more upside but someone would have to be crazy to buy it here. 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.
TEAR – Beautiful afternoon fade today. Just memorize this chart and you can save hundreds of dollars by not buying Tim Sykes’ Pennystocking Part Deux DVD. I am short 900 shares that I will look to cover early tomorrow morning, likely into a morning panic or gap down.
AENY – This pump’s solidly into dump phase and IB and TOS and Speedtrader all had plenty of shares much of the day. This will likely fall back towards $2.20 in a couple days. I am short 3,000 shares that I can only hope I can be patient with.
BVTI – Sketchy pink sheet stock up on no news. ALFSS.
ZANE – This stock is insane in the membrane and today caused me some pain.
Disclosure: Short 3,000 AENY and 900 TEAR. 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.
Lots of trades, not great results.
Daily profit: ($642.56)
(I’m up over $1100 unrealized on AENY and TEAR.)
Trades at IB:
SLD 2,000 STTN false Stock 0.5900 USD ARCAEDGE 09:01:47 5.90
SLD 2,000 AENY false Stock 3.4000 USD ARCAEDGE 09:09:48 10.00
SLD 1,000 AENY false Stock 3.4200 USD ARCAEDGE 09:27:15 5.00
BOT 1,000 ZANE false Stock 3.1000 USD SMART 09:30:15 5.00
+ SLD 1,000 ZANE false Stock 2.960 USD SMART 09:30:42 5.00
BOT 1,000 ZANE false Stock 3.0500 USD ISLAND 09:32:21 5.00
SLD 1,000 ZANE false Stock 3.2000 USD SMART 09:33:55 5.00
SLD 2,934 CLNH false Stock 0.2500 USD ARCAEDGE 09:34:17 5.87
SLD 5,000 CLNH false Stock 0.2500 USD ARCAEDGE 09:34:25 10.00
+ BOT 1,000 TEAR false Stock 3.500 USD SMART 09:35:36 5.00
+ SLD 1,000 TEAR false Stock 3.217 USD ARCA 09:36:49 5.00
SLD 1,000 CSGJ false Stock 0.9300 USD ARCAEDGE 09:38:36 4.65
+ SLD 2,500 STTN false Stock .563 USD SMART 09:39:46 7.04
SLD 1,000 CSGJ false Stock 0.9200 USD ARCAEDGE 09:39:57 4.60
SLD 2,500 STTN false Stock 0.5550 USD ARCAEDGE 09:40:42 6.94
Disclosure: Short 3,000 AENY and 900 TEAR. 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.
At the end of the video I discuss a few stocks to watch for tomorrow.
Daily profit: $395.21
Trades at IB:
BOT 3,500 STTN false Stock 0.5500 USD SMART 14:25:19 9.62
BOT 3,500 STTN false Stock 0.5500 USD SMART 15:34:35 9.62
+ BOT 7,934 CLNH false Stock .220 USD SMART 15:39:32 8.73
BOT 2,000 CSGJ false Stock 0.9300 USD SMART 15:58:41 9.30
Disclosure: Long 7,000 shares of STTN, 7934 shares of CLNH, 2000 shares of CSGJ, and short 2000 shares of ZANE (I covered 1,000 shares in aftermarket trading after recording my video above). 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.
MCGI – ALFSS. IB still does not recognize this symbol and I am worried that there will be no shares to short of this when it tanks. As of last Friday, IB, Penson, Sogotrade, and Goldman Sachs all lacked shares to short of this ideal pump.
ZANE – Nice supernova on fluffy news. I am short over the weekend and will look to cover Monday morning. I bet it has more downside. It could also be a nice buy if it starts to perk up off of consolidation (as it did Friday before its huge mid-day spike).
GLRP – A ZANE imitator. Potential long under the same circumstances as I would buy ZANE.
STTN – I am long this pumpish chart but will likely sell very soon. Nate of Investorslive mentioned it in the InvestorsUnderground chat several times on Friday and he said it best on his watchlist:
“let’s see Monday if it starts to pick up speed, Friday seemed to have a lot of volume coming in so a move should be near – if not… will be taking it off but wouldn’t be surprised to see a pop .60+ once they let it go” .
SCOK – Looking to short on green/red and gradually fading price action. This is jumpy and will have to be traded with a wide stop.
Disclosure: Long 8,000 shares of STTN and short 3,000 ZANE. 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.
Decent day. Have a good weekend, everyone.
Daily profit: $1,568.28
Weekly profit: $2,252.28
IB trades:
+ BOT 1,000 ZANE false Stock 2.020 USD DRCTEDGE 09:30:05 5.00
SLD 2,500 VSTNQ false Stock 0.900 USD SMART 09:32:09 11.25
SLD 2,500 VSTNQ false Stock 0.900 USD SMART 09:32:09 11.25
+ SLD 1,000 ZANE false Stock 2.050 USD ISLAND 09:32:30 5.00
Disclosure: Long 8,000 shares of STTN and short 3,000 ZANE. 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.
Here I show the charts of pumps from February and January. See if you notice a pattern. I bought most of these and shorted a few of these. When pump & dumps inevitably dump they drop fast, which is why I always say that buying pumps is very risky. So please, unless you are a trained professional, do not try to buy pumps … the short selling (when shares are available) is far easier.
BGEM – Was a re-pump in February that I bought. The December pump was even better (that is usually the case with re-pumps).
ECOB – I made $7,000 shorting this in January. I should have held my position longer.
ISPI – Weak pump. If you buy it you have to sell quick!
MDCE – Nice pump that Timothy Sykes nailed from the short side on the day it collapsed. I made a bunch on the long side.
NXTH – I shorted around $3.10 and covered around $2.60. Oops. I still made a couple thousand dollars.
PEPR – The pump was nice in percentage terms but it never got very high. I still made some money.
RCYT – Weak pump. I still made some money buying it.
WKLI – The latest pump, not bad and I made some money buying it. The dump has only just begun.
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.