Monday, May 5, 2014

5/6/14 - WATCHLIST

BRPC - SMIKE - Was @ ¢.71 for 3 days, spiked up to ¢.89, picked up shares at ¢.84. Was very thin on the ask and the bid, did not find anything at that time for the spike.

DNAP - SMIKE - Gap from 5/1 to 5/2 and spike on 5/2, FRED today, short @ ¢.34

BANJ - SMIKE - Up today with gap at the open will watch for tightening of the spread, shares were available very quickly today but were gone by the time I had put an order in

LPAD - Have shares from resistance @ ¢.49, spread is larger showing will become more illiquid so will try to BtC tomorrow for S&E

KGTO - Thin on both the ask and bid but the drop from 5/2 gives the edge to the bid and this dropping to at least the start of the pump, ¢.60



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; positive tweets downtrending; no blue sky
CheckSites: Pumps&Dumps (email); Pennystocks24 (email); MicroCap Trading (email); TickerTweets.com, Stockpromoters.com, 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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