Wednesday, April 16, 2014

USBL - Uncompensated pump

USBL went up thousands of percent points yesterday....

WHY?

Because it was promoted, the company did not pay a pumper to promote it. It is what is called an uncompensated pump. The promoter found the stock and for various reasons decided to send out emails promoting and touting the ticker, it shot up! The ticker is basically a shell, no movement for a LONG time, still can be traded but has not been active. The promoter might have know about this ticker and then used a catalyst along with their emails to send it supernova...I did see a picture of a basketball player on the floor of NYSE yesterday on twitter...just saying.....

Why would the promoter do this and not get paid by the company... just to show that they can move a stock. They will use this ticker on their website, emails and when trying to get business for paid promotions. They will say "Our last pick went up over 1000%!!" . Now when they say that they are calculating from the exact bottom to the exact top. Which nobody, Nobody, NObody, NOBODY hit both the bottom and top, if they said they did they are lying, ask to see the trade...LOL. The promoter doesn't even get in at the bottom and out at the top, they are in the stock way before and out with safe profits when they see that all the shares are out of their hands and they can not manipulate the price anymore. In this case not even sure the promoter had shares, again this was done just for branding their service in the future.

As an uncompensated pump I stay away because there is no manipulation to the point that you can discern a pattern, all it is home traders getting hits on their scanners on volume and price movement and jumping in and chasing. They then set stop losses and when one hits the rest start to trigger and the stock dumps and panics.

Monday, April 14, 2014

4/15/14 - Watchlist

Short Selling Explanation.... Fast and Easy

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


CADY - SMIKE - Still watching this one from yesterday, just waiting for a green day (WIFAG, WFAGD, WAGED??) LOL


RIHT - SMIKE - Could not hold above ¢.50 today, watch at open if tries again

CVSL - SUP - Up big from a few days ago, not sure why... looks good though


DPSM - SUP - Might have some more upward movement, WFAGD.



Current Positions :
Orders : RIHT @ ¢.50, CVSL @ ¢.52
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.




Sunday, April 13, 2014

4/14/14 - Watchlist

TGRO - SMIKE - Ex Stocktips pump so nice spike, however, Stocktips coming out with new pick very soon, will wait for that to come out before thinking about this one...recycled pump maybe..

CADY - SMIKE - Gap up on 4/8, ¢.24 to ¢.27, red day Friday, watching for a green day, if it comes, to short

DRMC - BAP - A week of pumping, might hold up one more day

MEDA - SMIKE - Appears to be a classic, merger talks spiked the price however the talks broke down as will the price


Current Positions :
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.


Tuesday, April 8, 2014

4/9/14 - Watchlist

Short Selling Explanation.... Fast and Easy

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


I have my trades logged on a Google Drive Spreadsheet, most of them have a screen shot of the chart of the ticker of the day I shorted it. I started the spreadsheet because I realized I was trading the same ticker a few times, so this gave me a quick way to see what I had done. If you want to see the spreadsheet send me an email, zenstock2@gmail.com and I will share the file with you.

HPTG - SMIKE - Shorted this today @ an average of ¢.46, appears that I am early, was ETB @ IB. I was watching as tried to break out past ¢.50 and failed there is resistance @ ¢.50 tonight on L2 CSTI 12.8k, so I really like this for a drop

AHII - BNC - Bouncing after its HUGE dump, the candles and the chart scream for a RED day...now.  As it is close to $1 @ ¢.93 it has the resistance to stay under after slower volume day like today. There are some tweets about this one, more than I usually like so will be watching to see if it does test that $1 and might wait for the next dump and bounce.

Again, am busy all this week, so am off and on my terminal, questions drop me an email or tweet is better. Actually trying to get my positions all flat and to cash but I keep finding tickers to short!


Current Positions : EFOI @ ¢.68; HPTG @ ¢.46
Orders :
Watching : AHII

 
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.

Monday, April 7, 2014

4/8/14 - Watchlist

Short Selling Explanation.... Fast and Easy

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


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.

Sunday, April 6, 2014

4/6/14 - Watchlist (#10 in % Gains 30 Days on Profitly)

Short Selling Explanation.... Fast and Easy

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







WOW!! REALLY HAPPY ABOUT THAT!! TOP 10!!
This is the best acknowledgment from the universe that this is the correct path!!

AHII - BNC - Bouncing from dump closed on high on Friday so still might SMIKE, watching for starter entry after close tomorrow

RIHT - BAP/SMIKE - Started a position @ ¢.60, has resistance at his level, will average up if need be, but like this for a fade/crack soon

Again...working on "other things" so will have the charts and watch lists up in the background...will be in chat room


Current Positions : EFOI @ ¢.68; RIHT @ ¢.60
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.

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.