Goode Trades – Page 62 – The Best Source for Penny Stock Insight

Watchlist for March 29th

ABIO – Held up surprisingly well towards the close Friday. Potential long although it will probably be too volatile and unpredictable for my taste.

ABHI – Reverse merger OTC stock. Worth a watch if it gets volume.

MSEH – ALFSS. Big up day Friday. After the tank last Thursday I thought that they would pull this back together. Watch, but it is not yet time to short again.

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.

Trade recap for March 26th

Daily profit: ($26.70)

Weekly profit: $2,948.95

Trades at SpeedTrader:
14:53:10   WMBI   B   0.27   5000
11:24:21   PBEC   S   0.64   200
11:22:53   PBEC   S   0.64   600
11:22:53   PBEC   S   0.64   1200
11:19:58   PBEC   S   0.64   2500
10:17:46   PBEC   S   0.6   2500
15:12:33   FWTC   B   0.062   12500
14:57:56   WMBI   S   0.265   5000

Disclosure: Long 12,500 FWTC that I intend to sell near the open Monday. 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.

Watchlist for March 26th

SSY – Nice short set up today; I decided not to play it after it had a morning drop. Potential for more downside but probably not worth playing. Could be nice on red/green.

BKRS – No clear play, although it will be volatile.

SMOD – Nice chart and could have a nice breakout tomorrow due to earnings (it ran well in the aftermarket today).

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.

Trade recap for March 25th

Unfortunately I messed up trading MSEH and lost a tiny amount on it. I don’t feel too bad though because I traded it well yesterday.

Daily profit: $190.50

Disclosure: Long 7000 PBEC that I intend to sell near the open tomorrow. 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.

Watchlist for March 25th: MSEH & SMCE, ALFSS

No point watching other stocks when there a couple good bread & butter pumps in play.

SMCE – Getting the BestDamnPennyStocks re-pump. I am long 2500 shares that I will look to sell near the open; I will hope to find shares to short soon: ALFSS.

MSEH – Looks like it may have some more left in it. I played it well today but unfortunately it did not have a death drop (unlike NXTH on its first big down day). The close at $2.99 was tape-painting; otherwise it would have closed around $2.75.

MSEH 2-day 5-minute candlestick chart

Disclosure: Long 2500 SMCE that I intend to sell near the open tomorrow. 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.

Trade recap for March 24th

Okay, I just could not resist … special guest Kermit The Frog (aka me) sings a few lines from his song “Pump & Dump Connection” at the beginning of my video. The second video is the original song, “Rainbow Connection.”

Pump & Dump Connection

Daily profit: $3,354.19

Rainbow Connection

Trade recap for March 23rd

One very bad trade and one good trade today. No watchlist tonight … just MSEH on watch.

Daily profit: ($604.03)

Disclosure: Short 8,000 MSEH. 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.

On watch: MSEH

MSEH – So very, very beautiful that nothing else is worth watching. ALFSS.

MSEH 3-week, 30-minute candlestick chart

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.

Trade recap for March 22nd

I missed what would’ve been a great bounce trade on CTIC and I had just one tiny trade. Nevertheless, it was a great and glorious day. If you do not understand why then you need to improve your apperception!

Daily proft: $34.99

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.

Watchlist for March 22nd

FLWS – Nice little breakout move, could be nice if it goes over $2.75 tomorrow.

MSEH – ALFSS, still.

AMOK – Despite two red days this pump held together. 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.