Thursday, April 3, 2014

4/4/14 - Watchlist

Short Selling Explanation.... Fast and Easy

My Chat Room - Pop in and say "HI!"

Will be at my desk but working on other things, so watching these and my open positions on just one screen. ( at least that is the plan..LOL )

GANK - SMIKE - Thin Level 2, green day today, did not break out above ¢.50, was only shortable in the afternoon at IB, but I was watching something else. If possible will grab some shares early and hold for the weekend.

RIHT - BAP/SMIKE - One green day today, finished on the high with volume, will be a mid day break down if not propped up by some pumper

SOUL - BAP - Still holding above ¢.50, but the rug will get pulled soon and it will dump, there are stop losses in the upper to mid ¢.40's that will send it down

Current Positions : EFOI @ ¢.68; SOUL @ ¢.50
Orders : GANK @ ¢.50
Watching :

 
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 position 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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