Sunday, June 29, 2014

6/29/14 - Watchlist

Watching LOTS of soccer these days! So have been letting trades run a little more than I would normally and using larger order sizes, and it has been working out really well! Answers the question I had about increasing order size or making more trades.. defiantly increasing lot size is the answer...for me and my style, remember we are ALL different.


ECOP - BAP - Will be pumped on Monday, sitting at a good technical support level right now so could go up with the pump, will watch the open and see where it goes probably put in an order mid morning to afternoon after I see what other emails hit, looking at @ least 5 pumpers right now

NVGT - BAP - Engulfing candle on Friday closing on the high, so could keep going up on Monday, if that be the case will watch for weakness intraday (if I am at my terminal and facing the it...lol...TV is behind me)

KIRI/VGTL - BNC - Both dumped Friday so will get some bottom buyers sending them into bounces, will get shares of either really goes parabolic.

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; Check order entry 3 times; Have exit order in place when entry hits; Never add on the day of entry; Positive tweets downtrending; no blue sky


CheckSites: Pumps&Dumps; Pennystocks24 (email); Stockpromoters.com; Pennylogic.com; ThePUMPtracker.com

Scan on: Google finance

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, June 26, 2014

6/27/14 - WATCHLIST

VGTL - SMIKE - Did not find a pumper for it but have traded it before on a SMIKE to the same resistance level ¢.60ish, watching the morning for entry levels or a breakout or better yet a fake out, spread is a little large on this one so expect it to move slow unless interest is peaked by other traders

ENCR - BAP - Got shares today @ ¢.60, it spiked up some more, but could be squeezing or just spiking, trying to get more shares as it goes up



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; Check order entry 3 times; Have exit order in place when entry hits; Never add on the day of entry; Positive tweets downtrending; no blue sky


CheckSites: Pumps&Dumps; Pennystocks24 (email); Stockpromoters.com; Pennylogic.com; ThePUMPtracker.com

Scan on: Google finance

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.


I BELIEVE!!!

GO USA!!

Tuesday, June 24, 2014

6/25/14 - Watchlist

If anyone wants to follow my trades send me an email, zenstock2@gmail.com , and I will forward the emails that I receive from IB that alert me when my orders fill. Lots of times my orders hit while I am away from my terminal, usually at a soccer field.

ENCR - BAP - FRED, no shares all day, will keep an order in to get shares as this might stall a little before going over a cliff

QTMM - ??? - Like the chart, but can not find the pumper..has all the characteristics of a pump but if I am unable to confirm it then I will not trade it... could be pre promo? maybe?

KIRI - BAP - Stockmister pump, shares were available but the price action never got me to the point of jumping in, plus with Stockmister pumps there are always follow up emails and pushes so still watching that, if it does spike will start a position 

NVGT - BAP - Getting pumped by a few newsletters, looks like a nice support level formed today (or created), if they can get it spiking will be interesting 

BANJ - BAP - Getting pumped on Wednesday, like the chart b/c of resistance levels that traders that have bought the pump will use to set to sell into and also use as stop loss orders when it dips, no shares available but have left order in to pick them up when they do come up


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; Check order entry 3 times; Have exit order in place when entry hits; Never add on the day of entry; Positive tweets downtrending; no blue sky


CheckSites: Pumps&Dumps; Pennystocks24 (email); Stockpromoters.com; Pennylogic.com; ThePUMPtracker.com

Scan on: Google finance

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.

Saturday, June 21, 2014

Why I like a repump

When a company goes down the path of having their ticker pumped (or promoted) there is one reason. The insiders want to sell their shares of the company, shares that they probably issued to themselves at a very low price. So they get a promoter to send out emails, hard mailers etc..Now they do not necessarily want the price of their stock to go up, what they want is someone to sell to and that is what the promoter offers. So after the initial promotion the ticker follows the normal pattern, runs up, stalls, tips down then dumps. Sometimes the run-up and dump might be on a smaller scale, a few cents or it might be a $1. Then there will be a smaller promotion by less experienced and cheaper promoters that the insiders (or just one of them) have done, this could happen anywhere from 1 day to weeks after the initial promotion.


Why do they do this?


They have more shares to sell, again they are not looking to raise the price of their stock, actually they probably do not care about the price of the stock. They only want suckers to sell to. So when a stock is re-pumped that is one reason it appears to be a "bust" and why many times, on a pump or a re-pump, it tanks so fast at the open. Now, the promoter will send out an email saying that there was a problem, something that sounds good but is no where near the truth, like the ticker was attacked by the "shorts" early, to much resistance, the "news" that they promoted was already figured into the price and that this was a correction etc etc..


What really happened was that the insiders (and probably the promoter) sold their shares at the open, probably with market orders and with the traders thinking that they are getting a deal they are buying at whatever level they can get. The stock dumps immediately and then goes to zero or no volume just like it was before the initial promotion started. Bag holders are created and 90% of traders lose 90% of their money.


Why do I like the re-pump? I am a shorter, so many times I have had a short position in a stock and it gets re-pumped and it drops faster than I actually was expecting when I first shorted it!


Thursday, June 19, 2014

6/20/14 - Watchlist

HIIT, OOIL, DLPM - OOIL & DLPM were promo'ed again on Thursday, which is great! If you do not know why this is great read the next post. All 3 closed red on the day, OOIL showing the largest lots sizes hitting the bid, so looking for a panic on these 2 very soon. HIIT has started to have very low volume and tick down as the peeps that bought based solely on the SA article realize that it is not going any higher.


Have been in and out of the terminal this past week due to it being summer and am running my 12 year old son everywhere. Plus the WORLD CUP is on, and we are a soccer family, watching 3 games a day then the reports at night..love soccer and getting the chance to see it on American TV is a gift! I have been getting lots of questions about my watchlists lately, I have and will continue to answer them all but I only check my email during market hours (other hours are family time), so if I do not answer the night you send me something just wait for the market to open the next day. :-) I love answering and helping out whoever needs it so keep 'em coming.

Any questions drop me an email I will respond during market hours: zenstock2@gmail.com

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; Check order entry 3 times; Have exit order in place when entry hits; Never add on the day of entry; Positive tweets downtrending; no blue sky


CheckSites: Pumps&Dumps; Pennystocks24 (email); Stockpromoters.com; Pennylogic.com; ThePUMPtracker.com

Scan on: Google finance

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.

Wednesday, June 18, 2014

6/19/14 - Watchlist

Slow day for the market, spent the time watching World Cup and reading articles and watching videos on trades.

Following my "Summer Strategy" I have larger positions in the 3 tickers that I am shorting right now. So will be watching the market on Thursday but only really looking to cover these positions:

HIIT - Averaged up, still holding up off a Seeking Alpha article, but knew that it would take a few extra days to drop off

OOIL - Pumped every day this week by various newsletters, weak day today and had to have some bid support by said newsletters. Did see some larger orders hitting the bid (20k up to 99k), averaged up on this one also

DLPM - No shares to average up... faked a dump today as it dipped, did finish red so it is going in the right direction


Any questions drop me an email I will respond during market hours: zenstock2@gmail.com

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; Check order entry 3 times; Have exit order in place when entry hits; Never add on the day of entry; Positive tweets downtrending; no blue sky


CheckSites: Pumps&Dumps; Pennystocks24 (email); Stockpromoters.com; Pennylogic.com; ThePUMPtracker.com

Scan on: Google finance

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.