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Trade recap for October 30th: How I made easy money buying the TNUS pump

I played TNUS well today, making $648 on a $4000 position. Sometimes it is better to trade small and hold longer, rather than getting scared out of positions because of an overly large position size.

Curious exactly how I decided to exit TNUS? Sign up for my email newsletter using the link to the right and you’ll be able to see a video of me trading TNUS while discussing it.

Daily profit: $659.00

Weekly profit: $2111.18

For your Halloween viewing pleasure, I present the pumpkin dance:

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.

Why I bought pumped stock Total Nutraceutical Solutions (OTC: TNUS) at 4pm today

Right at the market close I bought pumped stock Total Nutraceutical Solutions (OTC: TNUS) at its high of the day, $0.95. It was already up 82% on the day. While I missed playing it earlier in the day I heard credible rumors that it was going to be the BestDamnPennyStocks (BDPS) pump tonight and I liked the way it was closing strong, so I bought 2,000 shares right after the market close (I made this trade as I was recording my daily trade recap, so you can see me make the trade).

BOT    2,000    TNUS    false    Stock (OTCBB)    0.9500    USD    ARCAEDGE    16:00:34        9.50

tnus

Tonight I received the expected pump email on TNUS from BDPS:

My Huge 2009 Loss Eraser is TNUS
TNUS is a fairly new issue which means it has not been trading long as a publicly traded company.

New issues always fly once the spark ignites but you got to watch close for the technicals and time it perfect!

TNUS has been on my radar for 3 months and I have been waiting and watching close for these technicals to occur

Those technicals confirmed today and TNUS is about to ignite and should start running like wild fire starting tomorrow!

Notice The TNUS Chart the flat line with very little volume due to TNUS being brand new without a soul knowing about the stock.

Now notice the past four days of positive money flow and volume.

Today it really broke out and should keep running for another 4-5 days huge!

TNUS was on the #1 gainers list in the whole market today and I believe it could be on there tomorrow as well!
This right here is the beginning of TNUS igniting because the street is finding out and the company is ready to get the word out via various Investor Relation Programs.

New issue stocks are usually super low risk/ Super high reward stocks!

I Have two more emails coming tonight on TNUS with shocking info you can’t miss.

Okay, that is all bullshit; here is the part that really matters:
Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. ********************************************************* The disclaimer is to be read and fully understood before using our site, or joining our email list. PLEASE NOTE WELL: The BestDamnPennyStocks.com employees are not Registered as an Investment Advisor in any jurisdiction whatsoever. Full disclaimer can be read at http://www.BestDamnPennyStocks.com/legal_disclaimer.html Release of Liability: Through use of this website viewing or using you agree to hold BestDamnPennyStocks.com, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. BestDamnPennyStock’s affiliates may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. BestDamnPennyStocks.com owners may or may not hold positions in the companies that are profiled. It should be assumed that the owners of BestDamnPennyStocks.com own positions in companies profiled and may buy or sell at anytime  before during or after Investor Realtion services. BestDamnPennyStocks.com affiliates, and friends and family of BestDamnPennyStocks.com may have a position in such securities. The position may have been acquired prior to the publication of any website information or email alert. You should also be aware that the aforementioned parties do have the right to sell their positions at any time without further notification. Any opinions expressed are subject to change without notice. BestDamnPennyStocks.com encourages readers and investor s to supplement the information in these reports with independent research and other professional advice.  All information on featured companies is provided by the companies profiled, or is available from public sources and BestDamnPennyStocks.com makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. BestDamnPennyStocks.com expects to be compensated $250,000 cash from third party Tiki Island SA. for a TNUS investor Relations Service.   This is not a solicitation to buy or sell any securities. Any claims or Statements should be deemed apocryphal. BestDamnPennyStocks.com, nor any of its affiliates are not registered investment advisers or a broker dealers. [emphasis mine]
So I am impressed by the large sum of money ($250,000 cash, not shares!) put into pumping this. I believe TNUS could run up for a couple more days before collapsing. Of course, I hate holding pumped stocks, so I will likely sell my shares soon after the market open (and holding pumped stocks is risky and the company is certainly worthless in the long run, so I would not advise anyone to buy), but the further up this goes the further it can fall, so you know I will be looking for shares to short.

Looking for my watchlist? This is it … TNUS is going to be interesting, so I’ll ignore all the lesser stocks. One thing I have learned from the way I missed an easy trade on GGC is that I should ignore lesser plays whenever there is something truly great to watch.

Disclosure: Long 2000 shares of TNUS. 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 10/29/2009 and a trade recorded on video

Horrid day where I messed up every trade. There is something to be said for only losing $88 despite trading horribly. During my video trade recap I bought a stock as the market was closing. While I messed up my trade of GETA, everyone else in the Investors Underground stock chat who played it made lots of money … if you use my link to sign up (and enter “reaper” as your promo code) you can save 10% per month or 15% per quarter.


BOT    2,000    GETA    false    Stock (OTCBB)    0.14    USD    ARCAEDGE    09:11:23        1.40
SLD    2,000    GETA    false    Stock (OTCBB)    0.122    USD    SMART    09:31:51        1.22
BOT    2,000    CTDC    false    Stock (SCM)    4.30    USD    SMART    09:32:05        10.00
+    SLD    2,000    CTDC    false    Stock (SCM)    4.190    USD    SMART    09:34:17        10.00
+    BOT    1,000    TSFG    false    Stock (NMS)    .910    USD    ARCA    13:32:50        5.00
+    SLD    1,000    TSFG    false    Stock (NMS)    .900    USD    SMART    13:33:55        4.86
+    BOT    1,000    DDRX    false    Stock (SCM)    26.010    USD    SMART    15:10:19        5.00
+    SLD    1,000    DDRX    false    Stock (SCM)    26.230    USD    SMART    15:11:15        5.00
BOT    2,000    TNUS    false    Stock (OTCBB)    0.9500    USD    ARCAEDGE    16:00:34        9.50

Daily profit: ($88.48)

Disclosure: Long 2000 shares of TNUS. 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 10/29/2009

AMLM’s tank today and NXTH’s tank yesterday are good examples of why you should keep pump and dumps on watch every day. I had featured both of those on watchlists but didn’t put them back up every day. I assume that my readers will keep track of those stocks that remain in play.

QTM – No play now, up on earnings from last Tuesday evening.

NNVC – Crappy company on 50% spike at resistance? Do you have to ask? Short on red. Had a positive press release Monday morning but the stock didn’t spike until Wednesday.

nnvc

NXTH – Nice bounce, short on red.

nxth

Music to short to: Ladysmith Black Mambazo, The Moon is Walking

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 10/28: Banking on AMLM despite messing up

The pumped stock AMLM decided today would be a good day to die. Luckily IB had 30,000 shares to short this morning so I hopped on board that train right after the market opened. It was a no-brainer to short as it had broken support yesterday and it was gapping down today. By the way, COMV short on red was a great call from my watchlist although I was distracted by AMLM and did not play it.

amlm

+    SLD    2,000    AMLM    false    Stock (OTCBB)    2.000    USD    SMART    09:30:13        10.00
+    SLD    2,000    AMLM    false    Stock (OTCBB)    1.990    USD    SMART    09:30:34        10.00
+    SLD    1,385    AMLM    false    Stock (OTCBB)    1.990    USD    SMART    09:30:39        6.92
+    SLD    2,500    AMLM    false    Stock (OTCBB)    1.990    USD    ARCAEDGE    09:30:51        12.50
+    BOT    885    AMLM    false    Stock (OTCBB)    1.910    USD    ARCAEDGE    09:33:51        4.42
+    BOT    3,000    AMLM    false    Stock (OTCBB)    1.920    USD    ARCAEDGE    09:34:43        15.00
+    BOT    1,500    AMLM    false    Stock (OTCBB)    1.920    USD    ARCAEDGE    09:35:01        7.50
BOT    500    AMLM    false    Stock (OTCBB)    1.5700    USD    ARCAEDGE    10:02:25        2.50
BOT    1,000    AMLM    false    Stock (OTCBB)    1.5200    USD    ARCAEDGE    10:07:47        5.00
BOT    500    AMLM    false    Stock (OTCBB)    1.5400    USD    ARCAEDGE    10:13:54        2.50
BOT    500    AMLM    false    Stock (OTCBB)    1.5600    USD    ARCAEDGE    10:14:22        2.50
SLD    1,000    CTDC    false    Stock (SCM)    4.28    USD    SMART    12:16:15        5.00
+    BOT    1,000    CTDC    false    Stock (SCM)    4.320    USD    SMART    12:17:32        5.00
BOT    300    NPBC    false    Stock (NMS)    6.39    USD    ISLAND    13:59:04        1.50
+    SLD    300    NPBC    false    Stock (NMS)    6.360    USD    SMART    13:59:41        1.50
BOT    1,000    AMLM    false    Stock (OTCBB)    1.4300    USD    ARCAEDGE    15:26:53        5.00
+    SLD    1,000    AMLM    false    Stock (OTCBB)    1.420    USD    ARCAEDGE    15:53:30        5.00

Daily profit: $1364.95

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.

A tribute in song to a manipulated stock: I will never forget you, NXTH

Sung by myself to the tune of “A La Claire Fontaine.” The refrain is French for “I have known you for a long time and I will never forget you.”

1 month chart
NXTH_1month

1 day chart
NXTH_intraday

Here is a nice version of the original song, “A La Claire Fontaine,” that was featured in the movie The Painted Veil.

NXTH was just like MNCS from a couple years ago:
mncs

Disclosure: No positions in any stocks mentioned in this post. Of course I cannot be sure that NXTH was manipulated, but it sure does look that way. 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 10/28/2009

CTDC had a nice breakout today, although I don’t see a clear play on it either way now.

ctdc

COMV is right at resistance at $13. If it goes red it could be a nice short for 50 cents of downside.

comv

NXTH died, like everything pumped or manipulated higher. There is no clear play on it now.

nxth

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.

My review of Tim Sykes' DVD TimTactics: Buy his other DVDs instead

If you have considered or will consider buying Timothy Sykes’ DVD TimTactics, I have some simple advice: do not buy it. I say this not because I think it is a horrible DVD, but because Tim has covered much of the information in his other DVDs. I do recommend Sykes’ DVD Pennystocking Part Deux and I thought TimRaw was pretty nice (full reviews to come later; I need to re-watch them), but despite this DVD including so-called ‘advanced trading tactics’ I found little in this DVD that was not also in those other DVDs.  The advanced tactics that were only in this DVD were not particularly hard to figure out and I have learned most of them in one year of full-time day-trading. Also, if you are the patient sort, Sykes’ DVD TimFundamentals 2 will be coming out soon; it was recorded during his 2009 seminar in Las Vegas (which I attended) and I think that was an excellent seminar. TimFundamentals 2 plus Pennystocking Part Deux would give you 97% of the information available on DVD about Tim Sykes’ strategy (the seminar would be sufficient to learn his strategy, but Pennystocking Part Deux’s intra-day charts are invaluable).

Following is my full review:

Informational content: 2 of 5 stars. TimTactics is billed as advanced trading tactics, so I was hoping for strategies above and beyond what he showed in his other DVDs. For example, it would have been nice to see how he reads level 2 or time and sales. He did not show that. Also, any student of his who watches Livestock religiously and has followed his blog (TimAlerts or just his free blog) for a year or more likely will have learned many of his ‘advanced’ tactics, such as how the overall market affects penny stocks. This brings me to some advice that I have said and written multiple times: if you are cheap and are willing to invest a lot of time you can learn Sykes’ strategy without buying his DVDs. Of course, buying one of the better DVDs is useful and will save on time and help to speed up learning. And if that helps you to make more profitable trades sooner, it can easily be worth the investment.

A few tactics he had that he has not mentioned before were things I had heard from other traders or figured out myself, such as how to get faster OTC BB executions. Other than the tactic for faster OTC BB executions, the only tactic I had not heard from Tim before (or learned elsewhere in the last year that I have been a day-trader) was his strategy for trading after-hours or in pre-market trading.

Production quality: 2 of 5 stars. The resolution of the video is barely acceptable. All the video was screencast from Sykes’ laptop, and it started life as a webcast. However, there is no excuse for not recording and saving the full screen resolution without much compression rather than packaging the low-quality webcast video on DVDs. Likewise with the sound, it is far inferior to the sound quality on my daily trade recaps hosted by Youtube. Towards the end of the last DVD for a few minutes you can here someone else making noise besides Tim. While the production quality is not good, Tim is easily comprehensible and the viewer can still see everything important in the video, so if you are still interested in this video, do not let the production quality stop you.

Disclosure: I received TimTactics for ‘free’ for signing up to Sykes’ October 2009 seminar in Las Vegas. I have a disclosure policy that provides more details on other Sykes products and services I have purchased and my relationship with him. I have purchased other DVDs of his and I am a TimAlerts lifetime member;  I have now made over $93,000 trading using his methods since June 2008. I am an affiliate of Tim Sykes and make money when people buy his stuff through my links.

Trade recap for 10/27: A plethora of errors part 476

Perhaps every one of my trade recaps should have the subtitle “A plethora of errors.” Oyvey. The worst trade was the one I missed: shorting BHWX, a Beacon pump today. Pumped stocks if they do not go up in response to the pump will often drop quickly as aggressive sellers try to sell as many shares as they can. I could have had an easy 10% on shorting BHWX after it failed to jump despite decent volume following the pump.

+    SLD    1,000    SKTO    false    Stock    .907    USD    SMART    09:38:56        4.54
BOT    5,000    GNPG    false    Stock (OTCBB)    0.1090    USD    ARCAEDGE    09:47:05        2.72
SLD    5,000    GNPG    false    Stock (OTCBB)    0.1101    USD    ARCAEDGE    09:58:00        2.75
+    BOT    400    EVVV    false    Stock (NMS)    12.910    USD    SMART    09:59:32        2.00
+    SLD    400    EVVV    false    Stock (NMS)    12.750    USD    SMART    10:02:46        2.00
+    BOT    600    MVIS    false    Stock (NMS)    4.500    USD    ARCA    10:08:09        3.00
+    SLD    600    MVIS    false    Stock (NMS)    4.480    USD    SMART    10:09:26        3.00
+    BOT    400    EVVV    false    Stock (NMS)    13.100    USD    SMART    10:25:23        2.00
+    SLD    400    EVVV    false    Stock (NMS)    13.125    USD    SMART    10:30:13        2.00
+    BOT    1,000    SKTO    false    Stock    .840    USD    SMART    10:58:31        4.20
BOT    10,000    IARO    false    Stock (OTCBB)    0.0511    USD    ARCAEDGE    13:25:29        2.56
SLD    10,000    IARO    false    Stock (OTCBB)    0.0450    USD    ARCAEDGE    13:31:21        2.25
+    BOT    300    MTXX    false    Stock (NMS)    5.130    USD    SMART    14:15:38        1.50
SLD    300    MTXX    false    Stock (NMS)    5.08    USD    ISLAND    14:21:22        1.50
BOT    1,000    NXTH    false    Stock (OTCBB)    1.8200    USD    SMART    14:34:37        5.00
SLD    1,000    NXTH    false    Stock (OTCBB)    1.8600    USD    ARCAEDGE    14:37:01        5.00
BOT    1,000    NXTH    false    Stock (OTCBB)    1.8200    USD    ARCAEDGE    14:39:48        5.00
+    SLD    1,000    NXTH    false    Stock (OTCBB)    1.860    USD    ARCAEDGE    14:41:20        5.00
BOT    1,000    NXTH    false    Stock (OTCBB)    1.5900    USD    ARCAEDGE    15:10:11        5.00
SLD    1,000    NXTH    false    Stock (OTCBB)    1.6500    USD    ARCAEDGE    15:26:58        5.00

Daily profit: $4.65

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 October 26th: No pumper is an island

Nothing much today. I made an easy $171.06 buying the StockPreacher pump this morning at the market open, before they even announced it. Yay frontrunning! InvestorsLive of the InvestorsUnderground chatroom figured out what the pump would be before the market opened and he alerted the chatroom. That paid for my subscription for the quarter, and I only got half of the potential gains on that pump! I explain more in the video.

BOT    4,000    OOIL    false    Stock (OTCBB)    0.3100    USD    ARCAEDGE    09:30:23        6.20
BOT    1,000    OOIL    false    Stock (OTCBB)    0.3100    USD    SMART    09:30:37        1.55
SLD    2,500    OOIL    false    Stock (OTCBB)    0.3450    USD    SMART    09:35:05        4.31
SLD    2,500    OOIL    false    Stock (OTCBB)    0.3500    USD    SMART    09:35:16        4.38

Daily profit: $171.06

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.