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Eight Stocks to Look Upon
By: Timothy Sykes   Monday, August 04, 2008 12:26 PM

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Again, sadly, no great setups for me, this patience thing is pretty tough, but it’s necessary for a PennyStocker…good thing it is a beautiful day outside….

RAMR is my EXACT kind of chart I like to short into, but this is a financial play so even though it’s up 100% in 5 days, I won’t touch it…you’ll see why if and when it breaks down, I’ll just be different from pump and dumps, hopefully early shorts will continue to get squeezed and then, only then, I might play it (cuz then it’s back to a straight supply-demand situation, temporarily)

SCA is the same thing as RAMR except its tripled, have fun hyenas, not for me….yet, always reserve shares just in case

CBR broke out of a multi-month top in the low $7s, but still got a ways to go to truly breakout above $8.15….might seem close, but it’s an eternity for this real company (which is a putdown) considering it took waaay too much buying power just to break from 7.25 to $.750…frauds are just waaaaay more fun

GETG is one such fraud, up nearly 40% in the past few days, bouncing off its “I’m-such-a-blatant-fraud-it’s-now-obvious-to-everyone 50%+ death drop a few days ago…good to short into these dead cat bounces, but only if you have the capital to add on the way up, as there’s really only 25 centsish downside here (expect reversal, but nowhere near close to break recent lows, unless FBI busts down their door, which is always possible), even if it is probable…not for me, I just throw it out there for everyone else

TZOO is a carnival for bitter shareholders and now it’s bounced 10%, gimme another 10-305 bounce and I’ll consider shorting

SLRY is an earnings spiker, but it didn’t move until the end of the day meaning it could be a Friday afternoon short squeeze, reserve shares just in case

ERFW is spiking nicely, but it’s up 20 cents off its lows

AWEC is another spiker where the spike seems like a good entry to short based on its chart, but again, its only up 20 cents/share…tough to squeeze a good short into such a confined area, ideally, early short will get squeezed


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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.
  
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