Monday, April 7, 2014

4/8/14 - Watchlist

Short Selling Explanation.... Fast and Easy

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HPTG - SMIKE - Nice SMIKE today, there is resistance @ ¢.50, CANT 11.7k, after hours so some protection there. Very little on Twitter, did not find any pumps out there. 

GFOX - SMIKE - Has resistance @ $1.25, CSTI 6.5k, bid is thin until $1, like this for a chance to practice these above $1

SPCL - BAP - Gap at the open from 3 days ago when it was pumped, gap has to fill, ask thinner than the bid, might try to get shares in the mid ¢.80's.



Current Positions : EFOI @ ¢.68; RIHT @ ¢.59
Orders :
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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