Thursday, March 7, 2013

Watchlist for March 8, 2013

$GNIN

Very impressive by the pumpers. If I short I would definitely box those shares. Impressive squeeze. Glad I cut my loss when I did. Here is my blogpost about my recent GNIN loss (I cut my loss but I should of cut it even sooner. Learn) http://www.pennystockrealist.com/2013/03/gnin-my-biggest-short-loss-to-date-what.html

$SMAK

I had class this morning. 9:30am class I had a test so I put in short orders for $SMAK before class. After I got out of class I got 9k shares filled at .19. As I expected this to gap and crap. It's good to understand certain pumpers and their past plays. I was not scared of this going super against me because these pumpers dont have that kind of juice in their lists. I even covered some on my drive home from my blackberry. No excuses this was a gimmie and IB had plenty of shares. I made about $500. You got to love trading. As usual I covered way to soon..

$SWVI

Do Not be a Penny Stock Moron $SWVI

WDCO defended .17 hard today no surprise that it closed decently. Hopefully sells off below .17 tomorrow. Still in a week this should be below .10

$REDG

Day 6 has been the death days for the past 3 Victory Mark Corp picks. $PBCW $VUME and now $REDG

$SOUL

Still have not been able to find shares to short:(

$CGLD

Tribeca is run by fools. Through the list under the bus again after nice uncompensated pump. Was ETB at certain brokers but not IB unfortunately so I missed out

$TEWI

This was the new Stock Psycho play. Michael Goode made 17k buying this at 9:32 right at confirmation and selling 5 minutes later. That is how its done. Impressive. This probably gaps then craps.

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2 comments:

  1. what you think about shorting TEWI after the gap tomorrow if we can find shares?

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    1. Going be hard to find shares. Its a pain because its such a low priced stock. Idk if its worth it. Just remember there is a high risk of getting squeezed. It's your call. I would take the shares at IB because I know I will be able to hold for some days. Suretrader I hear has quick buy ins. I guess we'll see how it trades tomorrow. I am hoping it does well so I can have a shot to short higher.

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