logo

Twelve Stocks that aren’t Worth Time
By: Timothy Sykes   Friday, August 01, 2008 11:50 AM

Vote for next session
The next market session will close:

TMR is pathetic, do not buy this stock until it proves it’s not pathetic anymore, only if it breaks $3.30…just pathetic, somebody should slap the CEO…hard

ALUS had a nice morning tank of 15-20%, then rebounded squeezing stupid shorts who didn’t take profits quickly…but people who short stocks down that much so quickly in the morning don’t deserve money cuz they don’t understand shorting.

QBIK is trying to breakout, good luck with that, it’s got a ways to go

MNKD had a nice continuation of its breakout, shoulda woulda coulda, yes, it might drop back a bit, but no, I’m not shorting, I don’t short stocks that have just had multi-month breakouts

MITI was down big again, always always always short vertical stocks on the first down day, amazing how well this works, now its retraced so its dead to me

CTGI is a positive drug news mover, forget about shorting very quickly, maybe if it spikes again for 1-2 more days

STAA is rebounding cuz they have a cool product—basically a halfway version of laser eye surgery in the form of surgically implanted contact lenses—and have been reducing losses…watch it especially Tuesday morning when they present at a conference

WEL is a breakout play just above $2.50, maybe it’ll keep going, past performance doesn’t indicate it, too slow for me, know yourself and your patience and risk levels…also still gotta break $3 to be a true multi-year breakout….also every prior spike has been a good shorting opportunity—I saw one of this company’s presentations a while back, true scum of the earth

DAVE is a real company that is down a lot over the past few years and reported good earnings…some morons are shorting this, thinking they can dissect the earnings report and see there’s nothing there…FYI nobody cares what you think your little brain thinks, nobody cares what my little brain thinks, focus on price action people, otherwise you’ll just lose

BIOS is another earnings mover that’s down a lot over the past few months, respect earnings reversals

OFI breakout continues, remember—Driving Miss Daiy might be a slow movie, but its hugely uplifting, just like this stock, have fun patient people, I prefer movies like The Dark Knight

USS rebounded a bit, but not enough to make me mention ever again (until its more volatile)


(0)
No Comments
Post Comment
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
   
 
 
 
 
   
 

The above story is the opinion of the author only and it does not reflect iStockAnalyst opinion. Further, the author is not personally advising you regarding the suitability of the story for your investment needs. In no event iStockAnalyst will be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from or arising out of, or in connection with the use of this information. Please consult your investment advisor before making any investment decision.
  
Advertisement
Popular Articles
Related Press Releases
Advertisement
Partner Center
Recent Articles by Timothy Sykes



Subscribe to Email Alerts rss feed or RSS feeds rss feed for articles from more than 500 contributors, press releases, SEC filings and full text news from more than four thousand sources.
Fundamental data is provided by Zacks Investment Research, market data is provided by AlphaTrade. , and Commentary and Press Releases provided by Quotemedia