Don’t worry, with THIS crap, the SEC is only trying to stop short selling from pummeling definite-incompetents, probable-insolvents like Wachovia Corporation (WB) and Washington Mutual, Inc. (WM) into the oblivion which they truly deserve aka there’s no crying in finance! Some call it required compassion, I call it the result of successful lobbying. Everyone can still short OTCBB frauds, in fact the SEC probly wants us to!
ALTH I featured this breakout the other day, turned out to be a good one, but only by 50 cents…so far….zzzzzzzzzzz
MNLU is another breakout play I featured and one I alerted TIMalert subscribers to an easy 40 cents/share going into yesterday’s market close—nobody really needed me as the break of the morning high shoud’ve been enough to get all Pennystocking students in as this was a prototypical breakout play…I took profits of $340 as it was waaay too quick for my taste—sorry subscribers, as I emailed you, I wanted a gradually runup into the close, gap higher and possible morning squeeze…my target was only $7 as this one, while going up pretty much every day, has never proven itself to be a huge mover (only one time before and it quickly reversed afterwards)…good news is this thing should still keep going higher as I simply latched onto a breakout in progress (true breakout was at $6)…just be careful with these plays, maybe even try to reserve shares to short in case it super spikes up to $8, 9 or $10 (odds of that are very low)
IDAE is still green every day, but volume and price strength have now faded a bit…time to reserve shares to short just in case it decides to pull an LBAS/MXFD reversal/crash they both displayed early in their runups before resuming uptrends (dangerous to buy on dips as many OTCBBers never recover)
TMR is a failed breakout, not surprising given its many attempts, and the fact that it moves slower than an SEC agent learning how Wall Street really works
FOUR is another breakout play that keeps its continuation rally going strong…might be damn illiquid, but the $ gains are niiiice…I hope it keeps going cuz I wanna short the hell outta it if/when it gets too extended, reserve shares to short just in case
ETLO, yup, another breakout one I featured the other day as a breakout play was $4 to $10, nows it’s up to $13+….how far will she go? Any of you jump in?
MYEC is a DoublingStocks promo play/successful InvestorsLive short..now its spiking again on fluff news, reserve shares and pray to god that it keeps going to give you a potentially good entry price
UBHI, while breaking out quickly, is one of the worst companies around, as evidenced by its longterm stock chart and partnering with EQUITIES magazine, a great magazine, content-wise whose business is unfortunately getting paid by these piece of crap companies and prodding them around as if they’re real. Reserve shares, but be careful with shorts here, it might be up a lot, but its got that TIXC stank on it so it could keep going, that is, until their scheme falls flats on its face, as is inevitable.
CHINA is an earnings play, no matter that its got that same you-think-you’re-eating-chicken-hell-no-this-thing’s-a-scam-so-you’re-really-eating-cat Chinese stench as CHDX and GIGM
