Monday, March 17, 2014

3/17/14 - Watchlist

3 open postions, just watching them today:

GASE - In @ ¢.59, dipped Friday was away from desk and did not cover, spiked at the open but right now there is a 131k (ETRF) seller on the ask @ ¢.57, so that is giving great protection

SRCH - In @ ¢.34, still a gap to fill from 3/13, L2 has spread out 10k @ ¢.37 on the ask, bid @ ¢.3105, lots of smaller orders showing from ¢.3105 to ¢.30. If the resistance breaks will look to add in the ¢.40's

YIPI - In @ ¢.68, if it goes red on the day will dump, will take safe profits as still not sure why it ran so much

AXXE - Lots of emails on this one today, bid support @ ¢.2640 100k CDEL, watching for weakness

Current Positions : GASE @ ¢.59; SRCH @ ¢.34; YIPI @ ¢.68
Orders :
Watching : AXXE

RULES : Close below $1 on daily for 2 days & have Resistance @ $1; Any big Support needs NOT be evident after hours on level 2; Wait for green day (mini #5); Go in with postion with ⅓ size ready to average in when goes up; Have exit order in place when entry hits; Get out if breaks $1, not before; 40% max on borrow fees; @ least 1 day with no positive tweets; no blue sky
CheckSites: Pumps&Dumps (email); Pennystocks24 (email); MicroCap Trading (email); TickerTweets.com, Promobuyer.net, Pennylogic.com
DISCLAIMER : This list is for entertainment purposes ONLY. I am not a financial advisor and you should not follow what I trade or how I trade.

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