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11 Stocks To Watch: Some Stocks To Buy For Bounces And Shorts As Usual
By: Timothy Sykes   Wednesday, October 08, 2008 12:28 PM

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Damn it feels good to be liquid and right at all-time highs, up 105% year-to-date (136% since TIM inception November 1, 2007) just when everyone else is down tons and panicking. I sincerely hope you’re in the same position as me—most, if not all PennyStocking DVD students—because there are some rather high percentage setups forming and it’s the cool heads that will profit substantially…

I don’t like shorting during markets of excess downside—weird I know—due to the risk of a big squeeze/spike (always the contrarian), so I might actually buy stocks on the dip like I did FEED the other day…maybe not even stocks, but mutual funds—anybody wanna help me find some beaten down mutual funds that don’t have fees/expenses associated with them if you buy and sell within 1-3 days? LMVTX and CGMFX have gotten wrecked, but those are just two for possible bounces…

ENGO is one potential…was up 150% yesterday, too bad the price is so low or I might be excited

ESMC has the right chart to be a potential short, but it’s soooo illiquid

ZYXI has hardly any shares available to short…too bad, I really feel this is gonna collapse soon, but I guess I won’t be able to test out my theory

RZ took a few days, but finally really cracked…not sure if it would have done this in a better market though

MHGC is down to $6 from $10 at the start of October, potential bouncer?

APWR has dropped more gradually, and it’s sucked in a lot of naïve people who don’t realize how horrific/toxic every single company that’s ever presented at a Red Chip conference is…welcome to the gutter!

FEED bounced all the way to $6.90 before retracing $1/share….I hesitated to short…then it dropped too quickly, no guts no glory

ASYT $2.50 to $1.50 in just a few days, but doesn’t have a history of bouncing so I’m just watching

YRCW $12 to $5 in 5 days, company tried to defend itself, but nobody believes them…watching

DNDN tanked form the outset…gotta be quick sometimes to short these suckers

YGE $10 to $6 in 3 days, potential bouncer 


 

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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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