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Review me on Investimonials!

Check out the reviews of this blog on Investimonials, the new website that aims to do for finance what TripAdvisor does for travel and Yelp and Urbanspoon do for cuisine. If you love this blog, feel free to write a review there. While Investimonials is new, it looks promising so far. I will know it is useful once VectorVest has 40 negative reviews.

FYI, I’m with family for Thanksgiving so posts will be sporadic the next few days and there will be no video trade recaps.

Daily profit: $259.75

+    SLD    200    SQNM    false    Stock    4.230    USD    ARCA    08:02:40        1.00
BOT    200    SQNM    false    Stock    4.29    USD    ARCA    08:05:08        1.00
+    SLD    7,900    DRAM    false    Stock    4.099    USD    SMART    14:38:44        39.50
+    BOT    5,100    DRAM    false    Stock    4.040    USD    SMART    14:39:56        25.50
+    BOT    2,800    DRAM    false    Stock    4.080    USD    ISLAND    14:40:30        14.75

Disclosure: No positions in anything mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.

Trade recap for 11/24

One stupid boredom trade, one decent trade, and a couple very minor trades. In the video I review my recent performance buying pumps … I am now up to a total profit of $555 and an average profit margin of 4.3%. Thank you Investorslive!

Daily profit: $271.50


Disclosure: No positions in anything mentioned above. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.

Stocks on watch for 24 November

Keeping it simple tonight. Just the big ones … but boy are they nice.

WWPW – This is a pump. I am long as it is getting pumped a bunch more overnight, but it would be foolish to buy it at the open tomorrow. How did I know this was going to get a pump-a-thon tonight? I didn’t … but the clues were there. I’ll discuss that some more in my trade recap tomorrow.

wwpw

SEED – Overdone move on transgenic corn approval in China. Short on red, long on green.

seed

ABIO – Another overdone move IMHO … but I don’t trade based on what I think, I let the price action guide me.

abio

NLST – No shorts today. I was looking to long this on green, but it would have been an easy short on the failure to go green today.Tomorrow it should continue to be volatile … I continue to look to buy on strength and short on weakness.

nlst

Disclosure: Long 1400 shares of WWPW that I intend to sell early tomorrow. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.

Trade recap for 11/23

Nothing too exciting today. SEED and ABIO were interesting, but I was busy editing video for my SEC Filing DVD that is almost finished.

+    SLD    2,300    DRAM    false    Stock (NMS)    4.603    USD    SMART    11:46:31        11.50
+    BOT    2,300    DRAM    false    Stock (NMS)    4.374    USD    ISLAND    11:48:38        11.50
BOT    2,000    LIEG    false    Stock (OTCBB)    0.9000    USD    SMART    13:47:02        9.00
+    SLD    5,000    DRAM    false    Stock (NMS)    4.526    USD    BATS    13:54:34        25.00
BOT    5,000    DRAM    false    Stock (NMS)    4.50    USD    ISLAND    13:55:55        25.00
+    BOT    1,400    WWPW    false    Stock (OTCBB)    1.130    USD    ARCAEDGE    14:28:09        7.00
SLD    1,000    LIEG    false    Stock (OTCBB)    0.9400    USD    SMART    15:46:31        4.70
SLD    1,000    LIEG    false    Stock (OTCBB)    0.9200    USD    SMART    15:55:50        4.60

Daily profit: $625.84


Disclosure: Long 1400 shares of WWPW that I intend to sell early tomorrow. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.

Watchlist for November 23rd

NLST – I’d like to be long any gap up or red/green action early in the morning. Short on red, although the odds of a good short are lessened by recent consolidation.

nlst

DRAM – Nice breakout … Preston called it spot on in a comment Friday. I’m long red/green, this could go more considering hype around NLST. Watch the volume … this won’t be worth playing unless it can get volume; the volume spike is what really signaled the strength of the breakout Friday.

dram

TTIL – Up strongly two days on earnings. I’m not interested in shorting it or buying it here.

ttil

AENY – I hate buying OTC companies, but this could be nice for continuation if it breaks aboe $3.10 with good volume.

aeny

CRXX – Has some gap to fill if it can go green another day. I’ll stay away, though.

crxx

DDS – Nice breakout and volume, but small ADR annoys me.

dds

Disclosure: No positions in any stocks mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.

Trade recap for 11/20: No big bucks, but some nice trades

NLST was a great buy today. I missed the big buy point, but I still made $468 off of three trades with $5k position sizes. BONT from my watchlist failed to do much and my entry sucked so I lost $74.88 there.

BOT    800    NLST    false    Stock (NMS)    6.3500    USD    SMART    09:30:14        4.00
+    SLD    800    NLST    false    Stock (NMS)    6.500    USD    SMART    09:30:43        4.00
BOT    800    NLST    false    Stock (NMS)    6.3700    USD    SMART    09:32:13        4.00
+    SLD    800    NLST    false    Stock (NMS)    6.740    USD    SMART    09:35:13        4.00
+    BOT    400    BONT    false    Stock (NMS)    13.100    USD    SMART    10:26:03        2.00
+    SLD    400    BONT    false    Stock (NMS)    12.923    USD    ISLAND    10:48:43        2.02
+    BOT    800    NLST    false    Stock (NMS)    6.970    USD    ISLAND    10:51:21        4.00
SLD    800    NLST    false    Stock (NMS)    7.0500    USD    SMART    10:51:49        4.00
BOT    200    NLST    false    Stock (NMS)    7.8200    USD    ISE    13:26:44        1.00
+    SLD    200    NLST    false    Stock (NMS)    7.890    USD    SMART    13:27:59        1.00

BOT    1,000    VKNG    false    Stock (OTCBB)    0.8500    USD    ARCAEDGE    15:18:23        4.25
SLD    500    VKNG    false    Stock (OTCBB)    0.8800    USD    ARCAEDGE    15:21:59        2.20
SLD    500    VKNG    false    Stock (OTCBB)    0.9100    USD    ARCAEDGE    15:25:19        2.28

Daily profit: $429.40

Weekly profit: $4605.20

Disclosure: No positions in any stocks mentioned in this post (I continue to hold the Berkshire Hathaway positions shown in the video). I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.

Why I don’t like to short stocks at 52 week highs

This video is for everyone who sees a stock at new highs and immediately thinks it should be shorted. That is not a good idea. Stocks that are at 52 week highs tend to keep going up. I like shorting things that go up, but only if they go up a lot very quickly (like 100% in three days) and then I will only short once they start to fade (I particularly like to short once they go red on the day in the afternoon after fading gradually).

Disclosure: No positions in any stocks mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.

Trade recap for 11/19 and an abbreviated watchlist

My profit today is largely due to InvestorsLive of the Investors Underground stock chat, who is good at understanding and identifying pumps; I played and profited off of BLAP after his alerts.

TTIL, BONT on watch as longs. I explain a bit in the video. CLDS as well. NLST still on short watch, but it is getting annoyingly choppy and borrows are mostly gone.

Trades today:
+    SLD    15,000    BLAP    false    Stock    .061    USD    SMART    09:33:26        4.57
SLD    15,000    BLAP    false    Stock    0.0600    USD    SMART    09:33:45        4.50

Daily profit: $449.17

Disclosure: No positions in any stocks mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.

Watchlist for 11/19

Things I don’t care about: AENY & GGWPQ both have nice breakouts. I like to avoid trading OTC stocks unless they pump & dumps.

HEAT – Chart is overextended, but it is up on earnings. No easy play.

heat

TWLL – Nice breakout on upgrade and increased guidance. Long on green.

twll

VM – Nice breakout at $5.30. Long on green, likely to be a snoozer though, because it is a NYSE issue.

vm

NLST – You should know this by now. Short on green/red or a break of $4.

nlst3day

Disclosure: No positions in any stocks mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.

Trade recap: Another boring day, another $1k

Seriously, this is getting rather tedious …

As a follow-up to one of my comments in the video, Tweexchange does appear to work now.

Trades at IB:
BOT    500    NLST    false    Stock (NMS)    4.2600    USD    DRCTEDGE    08:10:51        2.50
SLD    500    NLST    false    Stock (NMS)    4.2400    USD    ARCA    08:12:33        2.50
BOT    10,000    BLAP    false    Stock    0.0450    USD    SMART    14:35:14        2.25
BOT    20,000    BLAP    false    Stock    0.0450    USD    SMART    15:22:02        4.50
BOT    2,000    AENY    false    Stock (OTCBB)    2.8100    USD    ARCAEDGE    15:36:10        10.00
BOT    2,000    AENY    false    Stock (OTCBB)    2.8100    USD    ARCAEDGE    15:36:40        10.00
SLD    1,000    AENY    false    Stock (OTCBB)    2.9500    USD    ARCAEDGE    15:40:20        5.00
SLD    1,000    AENY    false    Stock (OTCBB)    2.9900    USD    ARCAEDGE    15:40:46        5.00
SLD    1,000    AENY    false    Stock (OTCBB)    3.1000    USD    ARCAEDGE    15:42:28        5.00
+    SLD    1,000    AENY    false    Stock (OTCBB)    3.000    USD    ARCAEDGE    15:44:16        5.00

nlst

NLST 5 day chart
nlst5day

NLST 1 day chart
nlst1day

Daily profit: $1250.20

Disclosure: Long 30,000 shares of BLAP. No positions in any other stocks mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.