Yeah, it’s sad, trust me, I know. Friggin promoters go into hiding in the Caribbean during true bear markets, hopefully we can tempt one or two out—maybe tell ‘em Osama bin SEC is taking the month of July off to reevaluate their priorities—cuz I hate writing/trading about the real—or mostly real—companies below:
Getting lots of emails over the weekend from people wondering whether they should dip their toes in FPP, PDO, ROYL…I dunno man, these things tanked once and rebounded gradually, but as I posted in THIS article over the weekend, their chart pattern reek of double tops…risky bet to buy on the dip, no gratzie, not for me.
MBRK is a classic case of a wannabe financial journalist pumping a stock up…detailed post coming, just reserve shares for possible short
Qimonda AG (ADR) (QI) was a prime short on its spike and mewishes it lasted longer…gotta be quick shorting some of these as their stench is so bad, their bitter longterm shareholders will exit en masse on any 50% spike…your job is find me more spiking stocks with nasty long-term charts like that, they all make great shorts and sadly too few spike long enough
MHGC is one such carcass of a company…nice crack of $11.70 intraday support last Thursday, is it too much to ask for a spike to short into today? Probly…
GETG is a PennyStocking master student Tony Ellis pick from a month ago, respect, maybe participate in this breakout, gonna make a great short eventually!
Smith Micro Software, Inc. (SMSI) is trying to bottom—where ya gonna go you piece of crap company? Resistance everywhere, I’ll look to short on any continued bounce, definitely reserve shares to short, so very COIN-like, those of you who’ve read my book An American Hedge Fund know this was pumped up sooooo long ago by promoters, only a matter of time until it returned to its junkie destiny
NVDF, ZYNX & BWMS breakouts, albeit slight, courtesy of InvestorsLive’s nightly screen all too illiquid/slow moving for me, but I don’t know you guys so maybe it’s something you’re into
Chindex International, Inc. (CHDX) is another pumped up junkie that’s spiked on bottom hopes, they got “key” regulatory approval last Wednesday, nice ticker spam of Intuitive Surgical, Inc. (ISRG) (hopefully Google Finance picks this up to show you how you do it!), definitely reserve shares, this one has always been corrupt.
