It’s been a while since my last post on Doublingstocks.com found HERE. The most current buy recommendation by this unbelievable world renowned stock picking professional robot is MYEC. Just google “MYEC” they’ve got it covered:

Marl Recommends Buy MYEC
My Stock Trading Robot Can Pick
A Dozen Good Stocks Like MYEC
StockTradingRobot-FREE.INFO/MYEC/

Or better yet just google “doublingstocks” (you can do so by clicking HERE) you’ll see just how much they have their bases covered. Doubling stocks this, doubling stocks that. All the “Doubling Stock Scam!!” sites are affiliates trying to earn a dime selling this breakthrough robot.

As I mentioned in the last post, isn’t it quite remarkable how not only does it pick the stocks (I’m sure we’ll never know the true stock picking and advanced analysis that it used) but on top of that, they happen to get paid on some as well! Imagine that!

So, today is 6/17/2008 I’m extremely curious where MYEC.OB ends up when all is said and done (aka all the e-mails stop pouring out as a great buy, the sellers get bored and start crashing the bid, and so on and so forth). After all this robust company having nearly 68 million shares outstanding as of March 25, 2008 (found HERE in their 10QSB) and currently sitting with a valuation of nearly $250 million (this is done by calculating the current share price by the current shares outstanding)

Should we start keeping a track record like Cramer?
Here’s a start, I’ll let you decide where “MARL” discovered them. Those who follow it can add them to the comment section, I stopped after only listing a few.

MYEC

UOMO

VDTI

BCLN - also thanks to their sister site ExplosivePicks for this one (can’t forget to give props where due)

VNGM

ETNL

In full disclosure I am short 500 shares of MYEC. Rather than an article about how bad MYEC is as a company this is more directed towards those thinking of following the “Stock Trading Robot” and hopefully causing you to double think your decision.

Breakouts:

CMO is on the verge of breakout, this could easily fill the gap to $16.00 on a break of $13.92 (lets call it $14) which is the 200 day moving average. There is a double top around the 13.75 area. The play here is buying on the $14.00 break.

BCF is breaking its all time highs, this is well on its way towards the $20s

ENI - Amazingly bullish stock, this is heading for over $20 and hasn’t shown any weakness to this point.

Short Watch: Near Term

BEXP topping off it may squeeze through $10 but if volume dries and starts to show weakness this will test sub $9

GBRC - this one is topping off, perhaps one more squeeze towards the $4.50 range and that’s about it, this is up way to much.

The following I am looking for spikes to short on, these are all on the verge of breakout but still have another $1 to $2.00 in their squeezes, if they don’t and turn red, perfect time to short - these are not long term shorts they are just short term trades. It’s taking advantage of a price correction after a huge move higher, although they may sustain over the long period and make even more highs they still need to consolidate and filter out some of the longs. Investors/Traders end up satisfied with there enormous gains in such a short period of time and the first sign of weakness they are afraid to give them all back.

HL I’d like to see test $14

HA - this could squeeze almost to $10 before it takes a break

AAV looks very toppy today but given market conditions I’d like to see another squeeze out of it before I’m convinced theres a good short side opportunity

CLR - what a move for the longs, this may test $45 again shortly but needs a break if it’s going to hold any of these gains longer term

CF I wouldn’t be surprised to see $160 before it gives shorts some ease

BG on watch towards $130

BTU $68 I’ll start watching