Tuesday, September 23, 2008

SIL ....LOTTA TALK NOW!

We called this all the way up from 1.60 Monday in the chat...lotta late arrivals I'm afraid to the party!

(Sep 22-10:02) Muddy: SIL 1.60
(Sep 22-10:19) defenestration: SIL nhod 1.70
(Sep 22-10:19) Muddy: good vol too SIL
(Sep 22-10:53) Muddy: SIL back hod 1.77
(Sep 22-11:05) Muddy: SIL 1.87
(Sep 22-11:41) Muddy: SIL 1.98
(Sep 22-11:44) Muddy: SIL 2 hit
(Sep 22-12:37) Muddy: SIL wooooo 2.14
(Sep 22-12:40) Muddy: its crazy SIL

And again today??? ...OH yeah! You bet!

(Sep 23-09:22) Muddy: pre so far.....OZN GGB DSL COMS AXAS RBY AIG AGM CC ABK PCCC TGIC LCC SIL SSCC
(Sep 23-09:51) Muddy: SIL on move again
(Sep 23-09:52) Muddy: SIL 2.15
(Sep 23-09:54) Muddy: SIL 2.25
(Sep 23-10:45) Muddy: SIL 2.5

From there it hit a hod of 3.74!!
Closed at 3.42

I guess you get what you pay for ...oh wait,this chat is FREE,how's that:)






WATCHES 9/24

There's some real fine ones out there tonight..ones I've traded in the past both long and short..bring on the open!

First, I have been asked why I keep so much in my trading account( $60k as of now ) if I only go in $3k to $5k on a trade,at most...ones like ANPI so I can hold,and freewheel with others,this is turning out to be one of the best of '08.
2 day spiker(eod too both days) it went green to red on the 3rd day AFTER A GAP UP OPEN from 1.45 to 1.59 THEN WENT RED.
This 3rd day pattern on red is one of the most reliable there is imo.
Shorted on red at 1.35 on 9/19 it now sits at .59

Another thing and if you know me I rarely watch intraday charts but on "live" bottom plays like FRE has been I gotta watch the action.
First in long FRE @ .55 on 9/19 I sold @ 1.20 for a double +,no real big deal,that happens, but the thing is with the charts... it sat there forever at 1.19/1.20 making up it's mind,as soon as it started getting super jiggy at 1.21,I was cetain to go back in long there,what WAS my previous sell point.
It closed at 1.32,no big deal again not the big a run BUT all these gains add up!
Because the volume was pouring in I held to open Wed...whether right or wrong,the 1.21 re enter was easy money imo..if not greedy,as I admit I am,quick 9% profit on what I think was very good risk/reward is easy to take.

I understand if one is hampered by the pdt rule this can't be done..unfair,for sure, but the way it is for now.

GBRC SIL KOG QRCP MFN FRG MDTL EXK JYHW COINW VRML MGN HQS MKTY PRW NMGC CGFI CNOA MVG SYMX DITC THM FOUR.

If interested there's some big runs still for tomorrow to watch...this market so volatile,day traders heaven.

Monday, September 22, 2008

WATCHES 9/23

Big red day all over...our short watches no exception.

22 out of 25 of our watches red with 14 of those reds in double digits.
For penny players PRXZ got clobbered down to .01
DPHIQ finally showed red today...might be start of nice fall.

Again as per chat,TRX is just a pure stone cold $$ maker when it hits the pre leader board.
Today it was up 70% in pre,opened at .39,I got in short at .34,it actually finished RED at .27.
I'm 12 for 13 using this angle with many large gains...so far it just keeps working.

BAA GBN DSL GBRC NOVS SIL NXG KOG QRCP MFN FRG MDTL EXK SSN JYHW COINW ACW VRML TLR MGN CNTF DPDW

Again some big running charts here.
Tops for me are BAA GBRC NOVS SIL MFN COINW VRML TLR,running big as in BIG!

DPDW often pumped,often dumped,watch spread though,some days it's not that tight but could be nice hold dropper.

Sunday, September 21, 2008

THE CHAT and Johnny Vento,Johnny Vento.....

On Friday we hit an all time high of 139 folks in chat.
A team effort to say the least as most of us were stalking and trading the same stocks.
It seems as days go by many of us here KNOW which stocks have been the hot ones,either up or down, and we are just getting better with a 6th sense as we see an alert.
imo, this is what it's all about and I'm loving it.

So now on to JV...
Johnny..if I took you for granted and didn't give you a shout out it's my bad..
I always knew you were good with your calls,it's just that I knew you were, sorta a "givin"..but dude I never miss your calls if I can help it...you are a true asset to the chat...please don't forget that!
JV blog here... http://thedailyvento.blogspot.com/
Always check it out

JV doesn't make many alerts but many are just crazy!
Here's a few recent ones:

Wednesday he alerted VSE short at 3.45...it closed at 1.41!
Thurs alerted HBAN long at 8.50...it hit a high of 11, closing at 10.50! (the 2 buck kid on both!)
Also Thurs he alerted CORS long at 6, it closed at 7.35 and Fri closed at 7.94 after hitting hod of unreal 10.58!

Friday alert by JV was whack:

(Sep 19-10:55) johnnyvento: WRSP huge spike up


I SAW WRSP on HIS ALERT just OVER $1

IT CLOSED AT 1.71!!!

And I know JV knew how it ran in July,I know exactly why he alerted it...cause he keeps taps on all these former runners ...ones like WRSP are hard to pass up if not hampered by the pdt rule.



And on 9/10 (I won't forget because I hopped right in,never saw until his alert,oh yeah I crib off you folks:) JV said BQI was dropping fast near 3...it hit a low of 1.68,that day,that is just crazy!

So to each and everyone of you that alert,thanks so much...we are just getting better as you folks learn the "in play" stocks..this is nice.

WATCHES 9/22

DSL GBRC MNKD MMPI PZN BPOP BJGP RODM CNEH NOVS VLNC DPHIQ NGD AVF WRSP AFF URZ PRC OMN MKTY RTK ABH

I tried to find the ones that are shortable as per Interactive Brokers,the broker I use.

Chart these out,there's a bunch of big runners here.

Edit: There are 3 under $1 stocks I find interesting and all 3 are shortable,so far......

PRXZ IMMCQ NTEC

Thursday, September 18, 2008

WATCHES 9/19

Tons and tons of watches tomorrow,and if you have been in the chat you know the prime suspects..
They've been followed and followed ...so I'll try to bring maybe some more under the radar ones to keep it interesting...ones I will not hesitate to short on red :

AKNS CAEI FMD DSL RNN GBRC HSWI END MNKD MMPI PZN NCT ISSC TRMP BPOP BJGP RODM ANPI CNEH NOVS GNBT

For the record I'm still short TRE at 3.70 and RODM at 1.75 and COIN at 8
Still in long TMA from .20,missed the double today at .40 hit,tooooo slow,ok will take on red if tomorrow.

In short today ABPI at .82,caught it almost hod..like I said risky but I do risk if reward seems way in my favor..closed at .64
(Sep 18-11:52) Muddy: shorted ABPI .82...risky so dont follow me

Also shorted last night watch XRA at 2.20,o/n it and closed at 1.88,might be decent short hold awhile.
Shorted KAZ at 3.80 today,closed at 4.07 so down on this,no fear for me to double or more if it goes more

TRMP today 51% ? This one is a top watch
MMPI reliable after a run,so is BJGP and for sure GNBT

CAEI AKNS when red fall should be nice,and for a few days hold imo!
DSL keep going cause it's gonna be nasty drop,You can almost count on it.

So many stocks,so too little Friday:)

Wednesday, September 17, 2008

WATCHES 9/18

VLNC AKNS TLR DPHIQ GBRC TRE RODM ANPI CNEH CAEI XRA XRIT ERHE

This is a who's who list of..."hey I'm a junk stock,but no wait, I'm junkier than you,no wait I'm the junkiest"

Shorted TRE at 3.70 and RODM at 1.75 near eod.
ERHE hoping for more run like in March, if not will probably try a short very soon on it on red anyway.

COIN continues down , COINW buried
Airlines nice drop for the shorts today.

KAZ from last nights watches just fine all day drop,plenty of borrows too.

RBCN, a watch 2 days ago, a perfect example of a red candle at or below the lbb that gets a pop up,then goes back to stinking it up.

TRX did it again!
On the pre market leaders today which I saw at 30% up it tanked wicked right before 11a.m...look at that candle!
Once again I don't why this happens with it...but just keep doing it... 8/9 so far on this angle and I'll play everytime I see it...the gains have been very big a few times,just a great angle so far.

Anyone that hasn't seen 13th's 2 posts about it here on the blog,you might want to do the search box for TRX