You really gotta understand how slaughtered people are getting right now—illiquid positions, leverage and a lack of joke of an industry transparency have combined to create the perfect storm….just ask John Devaney whose one awesome fund just went under.

Not many pumps for me to short, just less predictable oil movers like FPP, HYGS, QTWW, blehhhh, I’ll take a good pump and dump any day of the week, but the pups go into hiding during market crashes…that’s the only reason why I care if this economy/market collapses—it influence pump and dumps!

Remember the other day when I featured FRE and FNM HERE as perfect breakdowns? Yeah well, those two stocks are influencing the entire market right now considering they account for half the $12 trillion market in home loans…educate yourself with this article—if they fail, say hello to Dow 10,000 and below (good, we could use a nice cleansing of all the dumb real estate money)! 

Quest Minerals & Mining Corp. (QMNM) I missed this news runner yesterday afternoon, gotta love those pure hype day trades, don’t ever believe it’ll continue, better to play it safe.

Altair Nanotechnologies, Inc. (ALTI) definitely reserve shares to short as this one has short squeeze or dump, or short squeeze then dump, written all over it…lots of traders watching, already shorted, it’s good to be late to the party on these, less risk.

Akorn, Inc. (AKRX) is up on an actual contract, I don’t like shorting companies with meaningful news

GIGM had a nice afternoon fade yesterday, should dump this morning for quick gains, support at $12 cost of missing an afternoon trading although I mentioned what to look out for repeatedly throughout the day so lots of TIMalert subscribers are in on this…but I’m not sure how aggressive you should get on this, only up 30% off its low, I prefer 50%+

SMSI/ABAT both dumped, good for 50 cents, doubt there’s much more, classic scalps, not worth my time/capital, maybe though a good pattern for you to learn to short.

ABK/RDN also both faded in the afternoon, but of course, they’re finance related…I hate these kinds of real companies cuz they’re news influenced instead of just simple supply/demand caused by stock promoters and con artists…is it too much to ask for some good ole manipulation for us to profit from the legal way (through short selling those scams!)

That’s it, not gonna write about all the dozens of other plays with imperfect technical setups/variables