ZYXI just keeps going higher and now it’s an earnings play. God love em…longs beware, I think this runup is being constructed, no different than APII, FEED, all the little crap companies that wanna raise $/use their stock for acquisitions
“For this reason we may raise additional capital through debt or equity financing in 2008 or 2009.”
But please please don’t listen to me, I don’t want this thing to go down, nor even slow down, I love this vertical action, gonna make a great short…one day. Obviously woulda been great to buy and hold, but I suck at that…deal with it.
FOUR is the latest to display CNEX-type probable fraud collapsing price action…don’t blame the shorts—although many will—this is how quickly frauds can collapse, quit your bitching longs, just LEARN THE GAME ALREADY!
IDMI continues its breakout, if I was any good at buying, I might have considered it, but since I know—and you know—I suck at that, I’ll just wait for this one to show signs of breakdown, as it inevitably will.
APII rebounded sharply, great! Despite my awesome TIMalert ,my exit on my short was so bad, I coulda covered now and I still woulda made an easy 20%. Naïve longs think I have something against this company—or any other—they don’t understand I just play the price action/variables the way I see them and judging by my fully verified/detailed/transparent results my strategy is better than most. I hope this thing goes to $100, that’ll just give it more eventual downside, still only a $20mil company, waaay too low for a longterm short.
PMI is one newbie shorts are holding onto—mostly cuz they don’t understand the difference between shortable and scalpable news/patterns.. this was a good scalp, but the news is positive and the stock ain’t up enough so until it cracks $4 support, it’s a bottom and it’s likely to squeeze just like NOBL at $5.
RDN might be a finance play, c’mon you knew I had to remind you! Lots of resistance coming up, but the ris is so gradual, only times to really short would be if and when the frequent intraday sideways price action cracks to the downside ie if it holds $4 for a while, but then cracks, I might try to ride the wave down to $3.50…lots of ifs though
GPIC is another earnings spiker, very illiquid, no resistance til $7, keep it on your watchlist
MITI has positive drug news, if I wasn’t at the Passport agency, I’d have seen that clean breakout above $5….look at that intraday graph, perfect breakout to $5.25, even a nice consolidation back to $5, breakout again to $5.50, consolidation to $5.25, now that’s a perfectly strong intraday pattern—possible gap up today…where were you guys? My DVD peeps shoulda been all over this, if you weren’t you’re just lazy.
APP had solid earnings, but that’s a tough chart pattern to breakout of—bitter shareholders everywhere, very similar to LULU, no thanks for me.
