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Archive for July 1st, 2008

Stocks in Play for Wednesday the 2nd of July (TGC) (HYGS) (COIN) and More

Tuesday, July 1st, 2008

Lots of movers today as we saw in chat - check out these sub penny stocks HERE.

LBAS still on a tear HERE.

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SQNM I’ve been trading a lot the past few weeks along with ROYL due to its tendency to swing between .25-.50 cents numerous times per day. BUT, the past few days here its been tightening up and not providing as many opportunities. I’ve got it on radar now because soon some volatility will come in, either a squeeze towards $18 or it will top off - as shown below on the ROYL chart - as ROYL did today. So worth having up on your screen for the flippers.
SQNM

ROYL
ROYL

From Scan HERE. EGI perfect breakout over $2.00 after the $1.80 break. Great .40 cents profit, watching for a gap and crap tomorrow

EGI  Entree Gold Inc. Nice consolidation around $1.50 for the past 2 months, it double topped at $1.80 Friday - I’d be a buyer on dips if it holds Friday’s gains, and add on a $1.80 break. It may head straight towards $2.00 on the break. (EGI)

EGI

COIN  Converted Organics Inc - let it run out of open, after a potential gap then I’m monitoring for the short. It has room to run towards $8.
COIN

TGC  Tengasco Inc nice move today, the $2.70 break sent it soaring towards $3. Tomorrow may bring a gap and run at which point I’m looking for the short back under $3. No reason to fight the trend, I’ll wait for it to top. Today’s move good for $.30 cents so far from the $2.70 break.

TGC from scans breaking to new highs, $2.70 may send it to $3, I’d like to see it test that out of the open and on weakness I’m looking for a short, if it can take out $2.50 support I may hold the short back towards mid level $2’s

TGC

HYGS  Hydrogenics Corporation - didn’t fail to $2 break, in fact broke it and squeezed and made for a nice intra day short from $2.22 to $2.07 for me as posted HERE.

HYGS on failure to break $2 I will short, this can sit back quite a bit coming from lows of $.50 and near 400% gains

HYGS

Sub Penny Stock Madness! (HTOG) (QMNM) (UPDV) (GCOG)

Tuesday, July 1st, 2008

Normally I am not a sub penny trader but boy has chat been all over HTOG and QMNM today.

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QMNM consolidating and heading back up should test .03 by end of day.
QMNM

HTOG Leading all subbers this may head all the way back towards where it fell from if the volume and momentum can keep up and dilution doesn’t kick in.
HTOG

UPDV and oldy but a goody, numerous reverse splits, had a decent run last year or the year before many may remember it as UPDA.OB
UPDV

GCOG consolidated and now with volume could support a move towards .01.
GCOG

I don’t believe this buyout for a second… but it makes for a good play for those in low, so congrats!
BIHC

Breakout Stocks Monitoring For Potential Shorts for Tuesday the 1st of July

Tuesday, July 1st, 2008

TGC from scans breaking to new highs, $2.70 may send it to $3, I’d like to see it test that out of the open and on weakness I’m looking for a short, if it can take out $2.50 support I may hold the short back towards mid level $2’s
TGC

GDP - Anytime you can pull a 2 month chart up and it shows $15 and $90 on the same scale you know you are dealing with a HUGE move. I’m looking for a gap and crap back towards the $75 range, I’m looking for a short as close to $90 as possible. If it gaps and shows weakness there may be a easy $2-3 dollar profit from today’s move, nevermind the past few months. BUT if it doesn’t and holds support here this could be setting up for a nice move to triple digits, but I’d still like to see consolidation around $75 before that happens.
GDP

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HYGS on failure to break $2 I will short, this can sit back quite a bit coming from lows of $.50 and near 400% gains.
HYGS

GNLK this may be a nice breakout over .50 if it can snap it and hold. Beautiful set up and happened to make my scan among other pinks/otcbb’s like FRGY and NCEY.
GNLK



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