There are always profit opportunities with low priced stocks, but the trading style you adopt, risks you take, capital and goals are all up to you. Now on a day like yesterday when there’s no decent short plays—meaning I’m pretty much outta the game—that doesn’t mean there aren’t some solid breakouts.
As I posted last night, I bought HYHY,
so primed to be the next KYUS, pump and dump, shake and bake!
TIMalert subscribers were also emailed at 8am that my fav pattern was a probable breakout on NANOVIRICIDES INC (NNVC). Sure it came true, but we’re talking 10-13 cents/share here…not bad $-wise if u had enough shares, but even if I sent out a followup alert seconds after I bought it (had my order in at $1.50, didn’t get executed), slippage would mean people would be up 5-7 cents/share…and that’s ideal…not exactly mind blowing. Kinda like SatCon Technology Corporation (SATC)’s failed followup to its picture perfect breakout.
Much better have been A-Power Energy Generation Systems, Ltd. (APWR)’s breakout, think $4+/share in 2 days…or Oilsands Quest Inc. (BQI) now nearly $1/share breakout, although with some nasty drawdowns, and
LNG Mike caught this on his scrolling HOD list…long-term shorts scared of potential bottom, rightfully so
FPP I considered buying this beautiful breakout, along with PDO, but this one had a weird close.
ELN is waaaay too pricey for tiny TIM, but it’s a solid long-term
breakout
SPIR is one of the worst solar plays out there, reserve shares cuz it could
be a good short today
GNLK is trying to breakout, but it’s awfully steep, if you wanna squeeze a
short in there, I don’t suggest it, but it might be doable, reserve shares just
in case
SINO was a nice bottom bouncer, but lots of bitter holders at higher prices
mean this could be a good short reversal play, reserve shares early
KAZ is an earnings breakout, awfully fast for such a boring stock though…I’m
not shorting anytime soon
CADM has now doubled recently, but it’s a new age surgery play, remember
CRDC…all due to ISRG success, shorting is dangerous down here
EUGS is a sketchy oil play up a mere 9x in a few weeks…reserve shares to
short just in case
ABAT another clean breakout play, too many, right?
BESN is one nobody knows anything about, but it’s environmentally friendly so
it’s going up…c’mon CNEX-like pattern, c’mon big CNEX!
NOEC is such a sad agri play—like GRO and SEED—I hope it spikes even more so
I can short the manure outta it…reserve shares just in case
