Category: Watch List

HDUP is the next PennyStockChaser (PSC) pump. PSC has been on fire in the last week or two, pumping AWSL, MEVP, and AVOE. My buddy Tim Sykes has already made some nice (unrealized) profits shorting AWSL on Friday (he alerted to his TimAlerts subscribers that he shorted it when the bid was $4.10 and it closed the day at $3.50). They were paid 550,000 free-trading shares to pump HDUP for one month. While I would never recommend going long a pump at the beginning, I hope that PSC pumps it well and it rises from $0.10 to $1.00 so that I can short it.

AEMD & BSTK are two low-priced supernovae; I wouldn’t short them unless they go up another 70% each.

GBE nice breakout Friday; not much resistance until $3. Might be nice for a continuation play on strength.

LOCM nice runner at times, nice breakout with only a little resistance from a year ago. Might be nice on green.

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 disclaimers are incorporated by reference into this post.

As evidenced by the title, I’m bored with my prosaic titles and with my trading at the moment.

AWSL – Balls of steel can be bad, at least when it comes to buying pump & dumps. Too bad I couldn’t get shares to short.

NXTH – Please stop this pump so I can take it off watch. It just keeps going 3% per day.

AMLM – Accelerating gains are usually the sign of impending doom, at least for pump & dumps (reminds me of GVBP). Those who were long and didn’t get out quickly this morning have only themselves to blame.

MEVT – I tried to short today at $1.02 and $1.00 after it faded off of its pumped highs, but couldn’t get an execution. I like it as a short on red tomorrow.

RDCM – Volatile, but not a clean pattern. I won’t trade it. An efficient scalper might try long on green / short on red. Volume is low too.

IRBT – Nice earnings runner today. Nice breakout, although resistance from a year ago. Might be nice for follow-through on green tomorrow.

Disclosure: No positions in any stocks mentioned in this post. I have a disclosure policy.

I have been tweaking my Stockfetcher scan for former zero volume stocks. Here are two stocks that came off of that scan. I’m not convinced that the scan is very useful yet. Here is the current incarnation of that scan:

stocks where volume is 500 percent above average volume(90)
and price is between .05 and 20
and date offset is 0
and volume is greater than 200000
and average volume(20) is less than 100000
and close is greater than open

SIHI – It broke through the important $5 mark today and went 10% higher. It should run more on green tomorrow. Volume is very low in absolute terms, though.

NOEC – Looks a little overextended after running from $1 to $1.55 in three days, but considering it is not a really huge move and it is lower volume, I almost certainly will not play it. Short on red.

CTDC – My only really interesting potential play tomorrow. It is up bigfrom $2.90 to $3.90 in two days and after a morning spike today it faded all day. Short on red.

AWSL – Nice pump, no shares anywhere. Too late to try it long unless you have balls of steel.

Disclosure: No positions in any stocks mentioned in this post. I have a disclosure policy.

I’m flying back from Las Vegas, where I had a grand old time meeting a bunch of pennystocking degenerates (and Michael Covel). It was good hanging with all y’all. And remember, what happens in Vegas, stays in Vegas …

I barely traded today because I had a sketchy wifi connection and I am much slower trading on my laptop than on my home computer. If a situation is not ideal, don’t trade.

Daily profit: ($39.00)

SS 500 CBOU @ 9.01
Coverd 500 CBOU @ 9.09

On Watch

CHFI — Nice big spike and some fading today. It should go red tomorrow and then tank.  I would short on red. ALFSS.

TMI – The new Superman pump. I won’t play it.

TSTC – Nice breakout today to all-time highs. Potential long on green, although it did go up a lot today and isn’t as cheap as I like.

NXTH – The blatant manipulation continues. While I have no proof the stock is being manipulated higher, the gradual uptrend with almost no dips is indicative of manipulation. ALFSS.

Disclosure: No positions in any stocks mentioned in this post. I have a disclosure policy.

Please note that I will be in a seminar with Tim Sykes all day Monday so I will likely not comment as much as usual here. My two stocks on watch are both small oil E&P companies, so keep in mind the price of oil if you trade them.

USEG – Up 65% Friday on big volume. It closed near its high of the day so I think it has farther to run. They are a small E&P company that just had some good news Friday.

ROYL – Had good news on Thursday, ran big, then just ran up a little Friday, hanging around $3.60 most of the day. This could be a decent short on proper fading price action to red.

NXTH – Beautiful pump and dump. If any chart ever looks manipulated, this one does. Likely no shares to short when it fails, but would be nice to short on red.

Disclosure: No positions. I have a disclosure policy.

Okay, I sure ain’t The Doctor (who might say it like this), but if I were on his show as The Reaper then I would have to utter the line, “Just this once, everybody dies!”

OPTT – New contract announced, which is really just clarification and further information about an earlier announcement months ago. This did not gap up but gained strength throughout the day as day-traders got into the hot stock of the moment. It faded in the last hour. I like this as a short on red.

EMMS – Hmm, radio still doing fine. This chart looks nice for a long.Volume did not pick up until the afternoon.

Disclosure: No positions. I have a disclosure policy.

Short biased (pumps): AMLM, AMNP, IMGG, NPHC, TRET, SNWT, NXTH

Long biased: PIR – up big in pre-market trading, could see a third straight white candle today.

Disclosure: No positions. I have a disclosure policy.

Not to much on this watchlist, I’ve had a bunch of other things to deal with this weekend. I haven’t seen a really good short setup in over a week now.

TRXAQ – In bankruptcy, up big time Friday on no particular news, closed very strong. I expect follow-through. Long on green, short on red. Obviously nothing more than a day-trade, as this thing is almost certainly worth zero.

PIR – Strong move Friday, near 52-week highs. Could be good for some more Monday. Long on green.

CEM – Nice breakout Friday, could have more room to run. Long on green.

Disclosure: No positions. I have a disclosure policy.