RUTH reported horrible earnings and tanked big last Thursday…Friday was
a different story, surging 61%, especially into the market close…it’s got
the kind of horrible chart I look to short into strength…buyout rumors
though so I need this to be up bigger.
HSNI is now 50% off its highs, understand that my quick profit/loss
cutting is just one of many PennyStocking profit angles, there’s
some serious $ to bank if ou have the patience to hold for a few days/weeks,
give these
companies a chance to show them how bad they really are.
MECA, oh yes, my
TIMalert short pick the other day from the other day at $3.95 is looking
pretty good here at $1.99…yup, I profited $500ish and left another $3500 on
the table..some more evidence how much more $ there is to be made down here
in the gutter, whether or not I play it right.
ZYXI has now doubled off its lows…maybe it’ll keep going, maybe
it’ll rollover, I’ll try to reserve shares just in case, fat chance of me
finding any.
THRM had a nice morning panic of 30 cents/share—no, TIMalerts
wasn’t responsible, I ignored it, just goes to show you these patterns occur
fast with or without me…suck on that critics…still, it wasn’t really up that
much
to get me excited even though I was able to reserve shares to
short…earnings tonight, no thanks, too unpredictable.
STEM is still 75% off its lows, but its price action it too choppy
for me…remember, I recognize I’m not a great trader so I need
perfect/simple charts, “advanced traders” can enjoy, I’ll sit this one
out.
VRS had its first up day, but its due to earnings, possible bottom, not
a short.
WNR has doubled over the past few days, but it’s very very gradual…not
for me.
