Trade recap for May 10th

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)
mcgi-small

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.

Trade recap: Market insanity edition

I missed all the good trades on the market panic but I live to fight another day.

Daily profit: $835.60

A new strategy of mine: playing bounces after huge panics. +$4 on two trades so far. Recent bounce plays I’ve attempted:

POSC – bought at low of .102, sold at .1075 (oops)
POSC_bounce

PDGO – Bought well at 1.44, sold half at 1.525, sold rest at 1.349. Lesson: risk is much higher the less a stock has dropped. My identification of where it would bounce using level 2 was correct, however.
pdgo

Trades:
+    BOT    2,500    AMEL    false    Stock    1.579    USD    ARCAEDGE    08:51:15        12.50
+    SLD    5,000    LEI    false    Stock    2.600    USD    SMART    09:43:14        25.00
SLD    5,000    LEI    false    Stock    2.6100    USD    SMART    09:43:20        25.00
BOT    5,000    LEI    false    Stock    2.5200    USD    ISLAND    09:44:57        25.00
+    BOT    5,000    LEI    false    Stock    2.496    USD    ISLAND    09:45:54        25.00
BOT    5,000    LEI    false    Stock    2.3300    USD    SMART    12:51:15        25.00
+    SLD    5,000    LEI    false    Stock    2.360    USD    ISLAND    12:51:38        25.00
10:14:05    PDGO    B    1.44    1000    ETMM
10:14:05    PDGO    B    1.44    1000    ETMM
10:15:35    PDGO    S    1.525    1000    NITE
10:17:09    PDGO    S    1.34    100    NITE
10:17:14    PDGO    S    1.35    900    NITE

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.

March & April pump & dump recap

No comments, just beautiful charts. Please let me know if I’m missing any big ones. I included all the biggest pumps and most of the smaller to medium pumps.

amcg

inknd

blug

bgbr

clrh

mseh

amel

grpr

lmco

alme

srgl

lyjn

ewpi

frhv

mlmn

attd

fvsta

vivk

blew

bgem

imuc

oogi

skto

sttn

vkng

twwi

mcgi

SPNG – Wasn’t promoted since last summer, but it finally saw its executives arrested.

spng

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.

Trade recap for May 3rd: Scalp better!

A green start to the month. Who cares if I didn’t bank coin today … I like to start off in the green and that is what I did.

This post brought to you by Scalpicin (TM). “Scalp better with Scalpicin!”

scalpicin

Trades today:
15:16:03    INKND    B    0.31    5500    NITE
15:58:05    INKND    B    0.34    7000    NITE
15:15:37    INKND    B    0.31    1500    NITE
13:08:15    INKND    S    0.28    4850    NITE
13:06:04    INKND    S    0.278    600    NITE
09:54:15    INKND    S    0.3    5000    NITE
13:03:39    INKND    S    0.27    4550    NITE
09:53:17    INKND    S    0.3098    5000    NITE
13:00:23    INKND    B    0.2801    10000    PFSI
11:14:01    INKND    B    0.31    5000    NITE
09:31:03    EVSI    S    0.33    5000    NITE
10:06:12    ACLH    S    0.045    10000    NITE
10:03:53    ACLH    B    0.043    10000    NITE
11:44:15    INKND    S    0.319    5000    NITE
09:40:41    INKND    B    0.285    10000    NITE

+    BOT    5,000    APPY    false    Stock    3.870    USD    SMART    09:35:01        25.00
+    SLD    5,000    APPY    false    Stock    3.903    USD    ISLAND    09:36:32        25.50
SLD    2,000    CHGY    false    Stock    2.5700    USD    SMART    12:00:24        10.00
BOT    2,000    CHGY    false    Stock    2.4600    USD    SMART    12:05:33        10.00

Daily profit: $397.30

Disclosure: Long 14,000 INKND & short 5,000 AMEL. No positions in any other stocks mentioned. Scalpicin (TM) has not approved this blog post and is not an advertiser. The above image and accompanying “motto” is a joke and a bad one at that (although the link is my affiliate link to Amazon.com). 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.