Today was… INSANE

I think based on chat comments – this was one of the biggest profit days in the chat room in a long while.

As you know I always stress selling EARLY EARLY EARLY (well some… take some off let the rest ride)  .. but I always do just that and sell way early… I still left a triple on the table but I manged to snag about 600% on some 700% on others and 500% on the rest. Just sick – this market is crazy. I think I said 12,352,521 times to lock in. I then called it a short and made a good amount on the downside and really wasn’t playing that much size.

Well here’s my alert on EcoSystem Corp. (ESYR.OB) and Camelot Entertainment Group, Inc. (CMGR.OB) (click the image below to view or here)

Please NOTE: Seminar is MONDAY night at 8PM EST. Please send questions to me as soon as you can! We will make this one a good one. We have a ton to talk about.

Concurrent Computer Corporation (CCUR) shoulda scanned this one last night… didn’t see it as you know this is a chart that I like … gap up and hold… with that sorta candle shows strength. Looking for red/green action and $6.50 break tomorrow and let it breakout… could be nice long play .. .. the volume is thin – not sure I’m interested in a short anytime soon

NetSol Technologies, Inc. (NTWK) nice cheapy – haven’t played it OTCs have been too hot but this is nearing some resistance that if it breaks it may have a multi day move in it.. watch for consolidation first around .95  – I’m a buyer on a .95 break IF it settles below it for a bit .. I won’t buy into a gap I’ll buy into a late day move .. red/green and volume

MIPS Technologies Inc. (MIPS) from scan last night… broke out beautifully – should have a bit more in it and start to speed up

SINOBIOMED INC (SOBM.PK) another one from scan last night… should have more in it… once a good pumper always a good pumper … seems relatively controlled

National Clean Fuels Inc. (NACF.PK) got the bounce this AM… but was NOT impressed … can’t believe how strong it was on the way up and then how it CANNOT bounce yet… I accumulated what I sold at .16 .165 and .17s back at .10-11 … I think overall on this batch I am down but I had a .135 average on my overnights and made about 3 cents average ..  on more than half… sold a bit more even and reloaded – we’ll see tomorrow.

Usually … gap up days like today I find myself twiddling my thumbs since I’m a bear at heart.. BUT OTCs have cranked up and going crazy. Some of the best scalpers around. Every day this week I’ve been keeping SpeedTrader in business I think with the number of tickets I’ve been pushing flipping ‘em haha.

Evergreen Energy, Inc. (EEE) I covered more of today… down to 7.1k left short (these are my lower average sorta even on them here) .. I covered my 1.991 average and will import tomorrow on profit.ly along with my MakeMyTrip Limited (MMYT).

MakeMyTrip Limited (MMYT) was another one on scan last night for the short .. very easy borrow at SogoTrade, Interactive Brokers AND SpeedTrader upon request. Last night I said into pops I consider this a short however I was already short and would be looking to add if any major pops. I’ll probably regret covering as much as I did but I can’t turn down $3k of gains .. both times I did it bit me in the ass  cough – Jazz Pharmaceuticals, Inc. (JAZZ) + IDT Corporation (IDT) – cough cough.

Inolife Technologies, Inc. (INOL.OB) was the play of the day – check out these buys of someone I spoke with earlier today… talk about a shoulda coulda woulda haha

A big big big congrats to anyone who read my scan last night – absolutely smashed it perfectly and I alerted LOD when I bought.

[Sep 1, 2010 9:45:06 AM EDT] InvestorsLive longed some IMGG to start .336 and .337

[Sep 1, 2010 9:50:38 AM EDT] InvestorsLive IMGG re-test lows – still in and will add on any bigger dip (keep in mind im in my starter)

[Sep 1, 2010 9:50:48 AM EDT] InvestorsLive I think it’ll hold LODs tho

Imaging3 Inc. (IMGG.OB) played it perfectly (minus one early sell) … not over night going to be buying the sell off tomorrow if there is one .35-.37 range imo – A  lot of people in the chat PMed and stated in chat they banked on this – good job guys

Inolife Technologies, Inc. (INOL.OB) – $INOL just another 344%-er wake me up at 1000% … sheesh every day it seems ha .. what a POS – seems like every day we have one of these… I left a ton on table I had over 200k at .012 .. yea .. took me that long to chase it but it’s all good… didn’t make much to shout about … Congrats to Matthias and domino who traded it very well. Matthias is one helluva scalper the past few days on these crazy stocks – he’s been sharing some great trades and exits. Obviously short biased… most of todays move was created by SEAB market maker short .. in my opinion. No, I don’t know for a fact but based on the action I’d say I’m 99% sure the EOD strength was related to a cover especially on the .10 break. Yes… short biased tomorrow but be careful.. it may dump in AM and come back red/green and then dump again.. but in the end this will just be another DISTRIBUTION MGMT SE (DMGM.PK) – don’t be the last one to sell.

National Clean Fuels Inc. (NACF.PK) put a 1 month chart so you can see this .. but they really sold into this today.. I started in at .16 then snagged .13s and change .. sold some .155 for profit then actually nailed the LOD for a while .. .126s and .1269 .. it had one more shake out at EOD and rebounded. I was down for a bit but like the trade.. it may have a bit more weakness out of AM but I plan to stay in the trade unless it 100% doesn’t bounce. Ideally a move to .20 would work

MIPS Technologies Inc. (MIPS) really nice breakout here on the chart watch for the over/under $7 going to watch this one tomorrow for a play

SINOBIOMED INC (SOBM.PK) not sure why this didn’t hit my radar today… kinda mad it didn’t… definitely a radar

Sunrise Senior Living Inc. (SRZ) sweeeeeeeeeeet move .. didn’t trade it I know a lot were trading it nicely in chat… I love this candle tho definitely a watcher for tomorrow watch for $4 test .. short biased for a correction and then I’ll be long biased after consolidation

Travelzoo Inc. (TZOO) nearing double top… over $6.50/share move on light volume – potential short off spikes – DO NOT SIZE INTO THIS – it’s very thinly traded.. if you trade it watch your sizes and note the volume

American Power Corp. (TGMP.OB) another day in the books this has been pretty good off dips

Liberty Star Uranium & Metals Corp. (LBSR.OB) another nice day in there that it’s held up.. short biased.. one day will crack but the more it consolidates the less it will ‘tank’ .. could actually test more 52s but still short biased on pops ..

So another crazy day this time was a lot more lively …

I will have some recaps and charts and all that good stuff on these OTCs – It’s awesome to see them back so fast..

A lot of alerts are coming straight off the HOD list — like Rex Energy Corporation (REXX) today

DG FastChannel, Inc. (DGIT) nice gainer today… $15.27s average .. looking for a bit more tho – this held all freakin’ day and I really wanted to give it a chance because this is down A LOT – you can’t count that out. It may take a few days but I got rid of my higher averages today and kept my low average for the swing. If it snaps $16 again … $16.25 is the real trigger spot we’ll see a lot higher… but it may not.. play cautious but long off dips if it holds trend

MakeMyTrip Limited (MMYT) short biased again.. had a big dip today and came all the way back.. typical..  the sucker is so low float… I’ll probably just play the weakness and cover bid sides.. otherwise may add to short if it pops on low volume

Evergreen Energy, Inc. (EEE) down today a bit .. I covered some just in case.. don’t feel like getting bought in without taking profits since it’s held pretty well.. will cover rest looking for $1.50 or less but again.. we’ll see. Sub $1.70 if it doesn’t crack I’ll consider covering more

Hecla Mining Co. (HL) nice mover today coming off lows… nearly a buck run .. watch for some consolidation above $5.50s … once it does and re-test $5.75s (not tomorrow probably) but 2 days consolidate below $5.75 .. I’ll be looking for the long $5.75 break

ARM Holdings plc (ARMH) like this chart set up… might have a big candle setting up if $17 cracks

Imaging3 Inc. (IMGG.OB) played it perfectly (minus one early sell) … not over night going to be buying the sell off tomorrow if there is one .35-.37 range imo – A  lot of people in the chat PMed and stated in chat they banked on this – good job guys

Revolutions Medical Corporation (RMCP.OB) spammer… one I didn’t sign up to .. but they do do ok … potential short once this pops a bit more … so far pretty damn good

Inovio Pharmaceuticals, Inc. (INO) up AHs maybe a penny runner

OTC’s are on fire lately… really came outta no where and we are having insane calls left and right

Middle of the day… take a hike… it’s dead … Mornings and afternoons like I’ve been saying is where it’s at. Today … 3:15PM + was great.

Total Apparel Group, Inc. (TLAG.PK) double I gave to twitter early as well .0045 to .0089 .. don’t marry these POS’s but if they hit my scan.. I pass ‘em along.

Again … joec congrats great call today on Infrared Systems International, Prior to Reverse Merger with Focus Systems, Inc. (IFRS.OB) .. with yet ANOTHER 1000% + call … (if you remember he scanned and called DISTRIBUTION MGMT SE (DMGM.PK) at .003). Of course.. who knew… but point is he has been on point finding these winners.

(Aug 30-09:56) joec: IFRS 0025×0030
(Aug 30-10:03) joec: IFRS   005×006
(Aug 30-10:05) 8: IFRS ut on air
(Aug 30-10:05) 8: .007/.008
(Aug 30-10:07) joec: IFRS now 009
(Aug 30-10:07) 8: sick you in joec
(Aug 30-10:08) joec: yes 8

Imaging3 Inc. (IMGG.OB) … TEXT freakin’ book… Called this on Friday … that .30 break was a BUY for a SWING … and we sure as hell did it.. what a textbook breakout … just a beautiful thing.. I’m pretty excited about this trade because it just goes to show… preparation makes you $$$$ – awesome all day locked some in at .38 into close – if you follow twitter too – gave it to you guys at .315

[Aug 30, 2010 12:40:27 PM EDT] InvestorsLive IMGG remember what i said last week

[Aug 30, 2010 12:40:29 PM EDT] InvestorsLive .30 break for a swing

[Aug 30, 2010 12:40:39 PM EDT] InvestorsLive we may see vol up and start to see uppage next few days

[Aug 30, 2010 12:42:47 PM EDT] InvestorsLive .31s up IMGG

[Aug 30, 2010 12:44:04 PM EDT] 8 tried to grab those 31s on IMGG..

[Aug 30, 2010 1:32:08 PM EDT] domino IMGG

[Aug 30, 2010 1:32:13 PM EDT] domino inching

[Aug 30, 2010 1:32:21 PM EDT] InvestorsLive IMGG .3257s

DG FastChannel, Inc. (DGIT) is a watch for tomorrow – I am long some over night just in case… putting some profits to work just in case we get the bouncer … but this is a lesson too.. I warned all day that if playing .. make sure to take your gains … and MAKE SURE TO TAKE LOSSES. Why? Tankers like this.. pre market… no bottoms everyone buys at open for a rebound then gets crushed and sends it down further and further. Add refresh sellers that I pointed out today to the mix and …. wooweee you got yourself a free fall all day. You can make money… (hindsight easier on short side) but many times it’s good to just put on radar for specific areas to break… if it runs into a walk with 100 showing and no upticks… take your gains… it’s just not worth it.

$DGIT warned folks in chat – it’s one of those if you don’t take the scalp you’ll bleed with it all day… sell at bottom then it’ll bounce about 10 hours ago

$DGIT be careful – areas of interest is a $16.80 break and $17 break .. only time I’d play refresh sellers were at both places about 10 hours ago

China-Biotics, Inc. (CHBT) looks deathly ill ! congrats to yadayada who cleaned up … but .. as many of you know… we love good ol’ Citron research to give us some shorting opportunities…  but this time.. I went long after hours… I figured they were just beating it down on the bid side with market sells to get low prints.. so I scooped some up in the $10.60s up to max of $10.70 .. my average appears to be around 10.70.. currently up $650 unrealized (could change easily) risk I’m willing to take when it’s down $1 more after hours. Could open $9 … but all it takes is company to say … report is FALSE! and it opens $12 and I bank.. that’s a risk I’ll take.. will be a seller at near open/pre market.

[Aug 30, 2010 3:03:37 PM EDT] InvestorsLive CHBT – Citron email just now

[Aug 30, 2010 3:20:19 PM EDT] yadayada CHBT

[Aug 30, 2010 3:21:04 PM EDT] yadayada report on their website now

[Aug 30, 2010 3:39:50 PM EDT] yadayada CHBT nice

[Aug 30, 2010 3:42:12 PM EDT] Grimace woah CHBT

[Aug 30, 2010 3:42:12 PM EDT] InvestorsLive CHBT peace out

Zix Corp. (ZIXI) great alert today by Muddy all day held well… broke some prior resistance which it had trouble with quite a few times… watch for the pull and red to green tomorrow and we’ll have ourselves a play

DISTRIBUTION MGMT SE (DMGM.PK) is just stupid.. but was fun today.. there are definately shorts in it… we had some nice plays all day today more text book set ups.. I hope you guys review the charts and the calls in the chat room as they were dead on for the breakouts – charts tell 75% of the story for me .. but fills.. liquidity etc tell the rest and when I am actively trading it I can make calls like I did in chat today on it

VirnetX Holding Corp (VHC) another nice alert and day on this one… open green consolidate just below 7.50 as I said scenario 1 or 2 yesterday on scan.. then powered forward towards $8 – some in chat nailed it… good job. This should have another trade in it tomorrow if $7.50s hold – my guess is it consolidates for a few days now

So … I’m sure this week will continue to push profits as we are in one helluva market and I love it…

2 cool videos from this weekend’s airshow in Portsmouth NH – will post some more this week…. loveeeeeee fighter jets

I want to help you guys in the chat room so if you are having trouble during the day please feel free to PM me in the chat .. best times are 11am to 2pm because my head is usually on my desk taking a nap these days during those times. I try not to force trades … as you know .. as I tell most of you during noon when everyone is trying to get a trade off… then again for all those that don’t run a chat room like this…  9AM to 11AM and 2PM to 4PM have been plentiful… go for a run during 11AM to 2PM !

I lost .. lost pretty nicely on Jazz Pharmaceuticals, Inc. (JAZZ) Friady got bought in and caused the first pop I had so many… getting sick of SogoTrade just buying them in without warning but at the same time it was a stubborn sizely trade which I shouldn’t have done. I would consider it a trading mistake with a stubborn attitude. I was wrong out of the gate (dead right on the first day where I scored .30 cent gap down and booked some nice profits) but instead I loaded up the short – did not expect a reversal with so much power … and .. well …. took a pretty good loss on 17.5k outta 20k shares .. will update once out rest of way.

INFINITE TECH CORP N (ITCJ.PK) was nasty… it’s a POS and will be .0005 in no time.. and .0001 in about a month but the way these financers have been creating liquid markets is tank it down 90% + probably have individuals they know start kicking up the volume at the lows and load up the shares… sell out all their stock.. and let it uptick on air. Well that’s probably what happened on Friday much like we saw back in the day with Strategic Rare Earth Metals, Inc. (SREH.PK) and Shot Spirits Corporation (SSPT.PK) all of which are at .0001 …. but had a nice run. It will be dumb sheep that end up holding … but I take advantage of the bounces because it’s a low cost scratch ticket with a better chance of winning than 50/50. I loaded up 2.7m shares then up to 5m on Friday on the first dip … at .0012-.0013 (sold out 2m right away for $400 bucks) but really had about a $3k risk with MAX LOSS of 50% if EVERYTHING went wrong… which is highly unlikely … and I made it to .0025 .. 0028 grabbed a bit more … .0035 .. and that was about it BUT I made a ton back against my JAZZ loss so I wasn’t so upset after all (not to mention the trades in chat Friday). So what could have been a 5 figure day was probably a few hundred after losing $10k+ on JAZZ stubbornness.

DISTRIBUTION MGMT SE (DMGM.PK) all you need to know is .. IT IS NOT WHAT IT SEEMS… THIS IS NOT GOING TO $2 as the news which I can’t even find seems to have ‘investors’ aka sheep believing … it’s a potential short.. it will be back to $.01 in a week … and that’s that. SCAM SCAM SCAM .. scam scam scam … scam … and more scam

ArQule Inc. (ARQL) alright alright I was off by a dime from Thursday nights scan as to where it would bottom. I said watch for $4.55 to test and reversal red/green for the buy. Hit 4.65 reversed went red/green and ran…. perfectly… this may have more in it towards $5.75 .. once it starts cooling off a bit I would look to take advantage of the correction.

Dollar Financial Corp. (DLLR) text book call and trade TWICE on Friday. This is a 1 min chart to study and I will do a post on this one… something many can learn from. This is NEAR resistance which could mean a nice short but I am NOT short biased right yet. Why? Because shorts are screwed .. if this thing pops through $20 … the shorts will fuel a move through resistance faster than you can say $20 break and it’ll be at $21 as quick as it ran $2.00’s after my alert on Friday.

National Clean Fuels Inc. (NACF.PK) they keep buying dips.. still short biased but I think it may have a bit more legs before it dies

VirnetX Holding Corp (VHC) watch for red/green cross (if it starts off red) … this may be headed to $8 after some brief consolidation below $7.50 .. once it breaks consider sizing in.

Pacific Blue Energy Corp. (PBEC.OB) hard to believe this was just .17 cents for that bounce… but filled the gap… watch for low volume and more bounce .. it may continue to surprise… then once it settles a bit it’ll probably correct with a big red candle again

CLICKER Inc. (CLKZ.OB) looking for morning strength and the exit – as you know from last scan I had played this one… had some over with a .50 and change average…. after that not sure what it’ll have left in it… SEAB and ARCA were supporting… curious to see if they try to lift it for round 2

Cereplast, Inc. (CERP) easy borrow short biased off low volume pops – was short Friday took the easy few hundred dollar gain

Evergreen Energy, Inc. (EEE) still a POS still short… looking for sub $1.50 I may be patient with some… depends if the P and L does a lot of talking c

Today was the slowest all week but there was some serious sell offs – like Las Vegas Sands Corp. (LVS) and The Goldman Sachs Group, Inc. (GS) … oooo boy. I love this market though … sat on my hands most of the lunch lull – few trades here and there.

Nailed two great shorts today … twice on KALAHARI GREENTECH (KHGT.PK) and one nice one on Pacific Blue Energy Corp. (PBEC.OB) but left a lot on the table on that one. In hindsight .. I should have made money on CLICKER Inc. (CLKZ.OB) instead I played 3 bounces .. scratched once.. lost once… and made money once – overall lost $600 on it and have 11k at .52 avg – I thought it was gonna rip with SEAB back on the bid at EOD. I had mentioned when ARCA came on the offer with SEAB that I thought that was him as well. You’ll notice that on a lot of these promo stocks – they may be GREAT bid support but are they really eating it all and holding it? Nahhhhhh they sell through another market maker and fool you. I’m still mad I didn’t snag it short at the open – was awesome all day – would have been nice back to back alongside yesterday’s top short at $1.351

SOUTH SHORE RESOURCE (SSHO.PK) have tiny over night in case re pump but .. no news no emails yet – usually they come later they held the .10 level tho so I expect a push tomorrow again – then I’m short biased

Evergreen Energy, Inc. (EEE) some more green today.. I actually got the LOD print pre market on a $1.46 cover and covered a bunch more of my low averages adds from last night after hours …. and kept some in case.. IB shows me up 3k on it.. was up 5.2k + the other adds this AM but .. hell .. I’m greedy sometimes.. I have a good average I’ll let it ride a lil bit in case. I covered a bit more of my higher average into the dip EOD as well after it held a few times at 1.70.

ArQule Inc. (ARQL) for some reason (as I type this) bigcharts is screwed up with this candle… but it’s a full candle up over $4.75 – looks good .. this could be a trend reversal.. I’m not short biased but rather looking for a pull back to $4.55 range and base – then red to green

Cereplast, Inc. (CERP) was an old OTCBB pumper if you remember.. turning into a ‘real’ deal I guess.. always relatively thin.. had a nice alert on it today.. this can still pop higher but overall is a short watch for me

Hi Score Corp. (HSCO.PK) powerful close – nice alert in the sub penny room made it all the way up towards highs at the close. This was an old pennystockchaser pump if you remember where they suspiciously purchased 85,000 and 100,000 shares in the open market up at a 1.20 and .85 cents LOL… meanwhile they were just prearranged trades since obviously no one happened to just have a block of shares each time they sent it .. while everyone else got 500 shares and it upticked or downticked. Anyway… what to do with it? Looking for gap and follow through but selling into morning strength – this is 100% potential short – history tells the story… it’s a pumper

National Clean Fuels Inc. (NACF.PK) big dip at open… something to remember since I’m short biased on this… obviously it’s not a short into weakness – that’s a dumb idea as you all know just look at the dip this AM before it ripped back – but this may have more in it towards .50s .. will be actively monitoring it and hopefully can nail like we have been on the others – this is up from nothing

Jazz Pharmaceuticals, Inc. (JAZZ) as suspected volume starting to die a bit.. closed red today.. they are still playing with shorties… heck could take a few more days than expected but came back every time it popped today.. still short

McMoRan Exploration Co. (MMR) let this thing pop but short biased.. may head towards $15 … but any big parabolic move I’ll be short biased

Imaging3 Inc. (IMGG.OB) not in.. just keeps hitting scan… volume on offers etc.. could be accumulation stage – watch for .30 break only with high volume and it could start back up – former runner

Somaxon Pharmaceuticals, Inc. (SOMX) is what kicked ass today starting us off hugely in the green … but the best part was flipping to the short side with money you just made.. it’s the best feeling because now you’re playing with the houses $$.

[Aug 25, 2010 9:32:01 AM EDT] InvestorsLive SOMX nice pull outta open

Later…..

[Aug 25, 2010 10:19:17 AM EDT] InvestorsLive SOMX more

[Aug 25, 2010 10:19:21 AM EDT] InvestorsLive wants $5

And then the short

[Aug 25, 2010 10:32:15 AM EDT] InvestorsLive all out SOMX

[Aug 25, 2010 10:32:21 AM EDT] InvestorsLive going to get into a short now starter on a pop

[Aug 25, 2010 10:33:30 AM EDT] InvestorsLive just need a poppage SOMX

[Aug 25, 2010 10:37:43 AM EDT] InvestorsLive have 1/3 size short .. will add if 5.50 holds from this point on
Heck I didn’t hold long enough but this was a chat win all around. Notice the area where we shorted… and congrats to Miltona for getting short at $5.47 .. way to go!

[Aug 25, 2010 10:36:40 AM EDT] Miltona started in short 5.47

But Notice on the one minute chart how the range on the 1 min bars were really .03-.10 or so… and then we waited for the pop… between 10:31AM and 10:35AM rather than a .10 max move in a candle we had a .30 rip … that’s where I want to get short and that’s what we go over in seminar again and again… put the risk and reward on your side into a huge pop .. rather than random.
CLICKER Inc. (CLKZ.OB) perfectly perfectly nailed this one… congrats to everyone who joined… sounded like quite a few nailed it

[Aug 25, 2010 1:07:30 PM EDT] InvestorsLive shorted some CLKZ just in case

[Aug 25, 2010 1:11:17 PM EDT] InvestorsLive comonnn CLKZ

[Aug 25, 2010 2:05:13 PM EDT] BearNine CLKZ chipchipchip

[Aug 25, 2010 2:05:31 PM EDT] Miltona seab backed off to 1.28 CLKZ

Today was another one of those days in chat that … well… you should definitely be green based on the alerts given out. If not .. PLEASE PM ME

Washington Mutual Inc. (WAMUQ.PK) .. I’m unsure.. I was thinking.. bullish … they were supporting… it ripped EOD and then they brought it back…  I took off a bunch into the push but still have a lot… and rebought into the dip all I have been doing is trading it – if it doesn’t have a turn tomorrow I’ll prob start taking it off. I’ve made so much on it the past week on the 2 runs that I wanted to hold some long in case..  but so far biting me in the azz

SOUTH SHORE RESOURCE (SSHO.PK) pump is also on watch .. I expect big volume and gappage tomorrow – long outta open short biased thru mid day – You know what sucks… I KNEW this was gonna happen… kinda upset I didn’t just take on 50k small risk in case off the dip today.. O well.
Vista Gold Corp. (VGZ) perfect text book breakout that everyone was prepared for… and if not .. I even reminded this AM for those who forgot.. awesome long on this one… this may have more watch red/green tomorrow – “Vista Gold Corp. (VGZ) long biased on $2 test” on my scan for Monday… and sure enough this AM we got $2 bucks … and……….

[Aug 25, 2010 9:49:59 AM EDT] BearNine VGZ over 2

[Aug 25, 2010 9:54:38 AM EDT] InvestorsLive VGZ from scan 2 nights ago $2 break

[Aug 25, 2010 9:54:53 AM EDT] InvestorsLive big break on the chart watch for pulls back and entry if $2 holds on VGZ

[Aug 25, 2010 9:55:55 AM EDT] InvestorsLive took a few long on VGZ in case

[Aug 25, 2010 9:56:48 AM EDT] InvestorsLive 2.10s up VGZ

Evergreen Energy, Inc. (EEE) fantastic short call today.. I boxed it for a quick second while it was testing over $2 and then unboxed is after it failed. What does that mean? It means I was long in SpeedTrader and short in IB the same amount just just just just in case it ran to $2.25-2.50s … that was I could protect myself from the upside. Why? Because IB was running out of shares and I wanted them. So right now I’m up $3400 on my short call today and actually add a few more AHs just in case. IN CASE YOU MISSED .. http://bit.ly/9EM9Kk // http://bit.ly/avUEsx // http://bit.ly/bK6EEe I stated multiple times not to underestimate this long – each time I said it in chat I tweeted it too.. there’s the tweets. Again this isn’t a I told you so blah blah … it’s a lesson. Muddy and myself LOVE trading post reverse split stocks… most times the % gains are messed up .. like this one showing a 750% gain the day after the split.. everything thinks short short short and end up getting caught with their pants down. Do not underestimate these guys… they have staying power. Called the short at $2.02 and added at $1.90s my average is $1.99125

[Aug 25, 2010 11:23:56 AM EDT] InvestorsLive took a couple short just to start on EEE (starter) I’m ok with upside of .30-.40 cents

[Aug 25, 2010 11:26:10 AM EDT] InvestorsLive taking more EEE short will box it because borrows getting difficult

Pacific Capital Bancorp (PCBC) totally underestimated this move… its up nearly a double in less than a week – this is a total short watch but hopefully we have a low volume pop to the upside on Thursday

Jazz Pharmaceuticals, Inc. (JAZZ) got the short on it today .. nailed about a dime.. nothing crazy but protecting against my swing short. It’s strong … it definitely is.. but volume starting to lighten up.. could have more upside in it .. but will continue to trade around my swing short and looking  for sub $8s to low $7s eventually …

So nothing crazy on watch yet again… and yes another day wild morning and wild afternoon but during the lunch lull it was nothing but zzzzz’s.

NXT Nutritionals Holdings, Inc. (NXTH.OB) slight gap and nothing held – which brings the lesson to light I said last night as to why I had locked a lot into the close… usually when there is a ton of volume and little price movement… you don’t want to compete with all those people in the morning to sell – that’s why you sell into strength… sure keep some over in case the gap but it’s best to lock into BIG VOLUME and no upticks… perfect example. Bounced it today had a good bounce to start then one more during the afternoon lull that I missed.

Alright… why not I’ll start with the should coulda woulda trade of the month:

IDT Corporation (IDT) which I had said I wanted to hold swing short…. for a long while.. but instead my borrows got called in and was forced to cover. How unfortunate. The shoulda woulda coulda part comes in as I had 22k shares short AT the TOP ended up losing $4k ish or more on the call ins.. made some on the Interactive Brokers borrows since they were not called in … but coulda woulda shoulda been a near 6 figure trade… shucks!

Would I have held anyway? Who knows
Jazz Pharmaceuticals, Inc. (JAZZ) started off the day with a nice gain here as you know was short over night… Covered some pre .. .covered some more when I said I covered 1/2 over night holding then covered a few more … but now trading around a net short position. Down on some of it .. up on my 8.194 average short today. Also shorted a bit more on the spike near EOD before covering at $8.10 which ended up being bottom. Fun one so far … should continue to trade nicely here the next few days… I expect a few more days of up down and around sideways etc etc until it cools off and starts to fade again. Like I said I’d like to hold a net short position for a while and see how it pans out

Sky Petroleum Inc. (SKPI.OB) interesting still – you’ll remember this one I had suggested a swing trade long on .35 break … sure I didn’t do it but it continues to take out 52 week highs… this puppy is controlled by VNDM on both sides (the market maker making the market) wouldn’t be surprised to see this slowly and steadily making it’s way higher…  worth a radar but not in

China Architectural Engineering, Inc. (CAEI) nice move today… Muddy had an awesome alert today..  I didn’t trade it during the day but did buy some after hours as someone was selling in the .85 and .89s … which was .10 + off the close so I figured why not

[Aug 24, 2010 3:41:00 PM EDT] Muddy CAEI big vol for that one

[Aug 24, 2010 3:44:57 PM EDT] Muddy CAEI nhod .80

[Aug 24, 2010 3:45:32 PM EDT] Muddy biggest vol 3 mo.

[Aug 24, 2010 3:45:40 PM EDT] Muddy whoa .85

Daktronics Inc. (DAKT) up nicely looking for a gap and run and short biased.. ended up making $519 on this one… didn’t really crack but since I wasn’t long on it early I was short biased and that’s how I made my money.

Evergreen Energy, Inc. (EEE) short biased now off pops ended up making $461 on this today – expected a bit more but as I said in chat and twitter I was looking to sell into the 1.60 HOD break and pop… it popped a lil didn’t last so took my profits.

Washington Mutual Inc. (WAMUQ.PK) selling at the HOD Monday night worked out really well… like I had said sold a bunch at the .239s on Monday but held some over .. was down on those today but accumulated off .22s as I said in chat… and we had a few nice rallys off it.. I play bigger shares on it so was a pretty profitable trend today… however I have built a long position and will continue trading it in case it breaks to the upside

Exit Only Inc. (EXTO.PK) haha funny name… exit only.. speaking of exit I will be exiting in the AM I sold a few at .0015 but filled .0012 … nice little $500 bucks so far on tiny risk.

A little recap to make sure you guys are seeing these trades… there were really no ‘bad’ trades today

GFI Group Inc. (GFIG) was looking good I lost a dime on that after it failed to breakout towards $5… really like this chart so it’s on my radar for possible reversal/swing – Hudson City Bancorp, Inc. (HCBK) turned boring but still profitable .. it’s up some after hours but I’m not in.

Big congrats on the oldie NXT Nutritionals Holdings, Inc. (NXTH.OB) to everyone who snagged this AM… as I said … AYME back in box… same person before that was supporting it all the way up… I locked a bunch into close .. any time a lotta volume like that into close I always like to lock some in.. but holding some for a swing… will be watching on dips as well thru this week

[Aug 23, 2010 11:10:22 AM EDT] InvestorsLive NXTH has a trend today

[Aug 23, 2010 11:10:41 AM EDT] InvestorsLive the chart is sneaking up

[Aug 23, 2010 11:51:30 AM EDT] domino NXTH nice alert IL still inching

[Aug 23, 2010 12:02:36 PM EDT] InvestorsLive NXTH bit more

[Aug 23, 2010 12:14:02 PM EDT] InvestorsLive NXTH u guys notice whose back right?

[Aug 23, 2010 12:14:06 PM EDT] InvestorsLive why I was interested

[Aug 23, 2010 12:14:12 PM EDT] InvestorsLive whose bid/offer?

[Aug 23, 2010 12:15:17 PM EDT] jakeo AYME>

[Aug 23, 2010 12:15:19 PM EDT] jakeo ?

[Aug 23, 2010 12:15:46 PM EDT] InvestorsLive yupppp

Last night what I said really came to light today… like I said in this MARKET … our plays are in the AMs and PMs… go take a nap at lunch .. you aren’t missing too much. After this AM’s trades (which you’ll see below) the afternoon was ridiculous the last 30-45 minutes. Please guys if you didn’t get any of the trades the last 45 minutes… please please please PM me .. seriously… Washington Mutual Inc. (WAMUQ.PK) was huge.. same thing as last week … perfect call from my entry

[Aug 23, 2010 3:39:27 PM EDT] InvestorsLive WAMUQ .219s

[Aug 23, 2010 3:39:33 PM EDT] InvestorsLive .22s hitting powerful close again

[Aug 23, 2010 3:39:54 PM EDT] InvestorsLive filled some on offer

[Aug 23, 2010 3:44:53 PM EDT] InvestorsLive added WAMUQ on dippage didnt get much

[Aug 23, 2010 3:46:06 PM EDT] InvestorsLive here we go

[Aug 23, 2010 3:46:13 PM EDT] InvestorsLive like the other day

and Las Vegas Sands Corp. (LVS)

[Aug 23, 2010 2:48:05 PM EDT] InvestorsLive LVS relative weakness

[Aug 23, 2010 2:56:02 PM EDT] investormind there she blows LVS lol

[Aug 23, 2010 3:00:20 PM EDT] m177 took s/s on LVS

[Aug 23, 2010 2:54:31 PM EDT] InvestorsLive 29.16 is LODs on LVS if the relatively weakness + SPY drop takes it out

[Aug 23, 2010 2:55:56 PM EDT] InvestorsLive nLODs

[Aug 23, 2010 3:36:52 PM EDT] InvestorsLive LVS on $29

Arena Pharmaceuticals, Inc. (ARNA) I got sick of today finally covered – probably tanks tomorrow for anyone still holding
Jazz Pharmaceuticals, Inc. (JAZZ) was killer today. Hell.. I started off shorting a lil early and took a loss on that but I called out 2 more trades in the chat room that yielded nearly $4,000 profits for me beyond the first loss… quick and harmless trades too… and currently still short some for a swing. Yes.. was pretty strong today… no I haven’t done much due diligence.. but I am short from 7.98-7.99 with a $4k padding and short some in Sogo for what I am calling a ’swing short’ which may be as little as one day or 2 weeks.. we’ll see… money talks.

[Aug 23, 2010 8:26:18 AM EDT] InvestorsLive took it s/s at 8.04

[Aug 23, 2010 9:28:08 AM EDT] InvestorsLive JAZZZZZZ

[Aug 23, 2010 9:28:10 AM EDT] InvestorsLive coverd a bunch

[Aug 23, 2010 9:28:20 AM EDT] InvestorsLive +2500 on the 8.04 trade

[Aug 23, 2010 9:28:23 AM EDT] InvestorsLive on JAZZ

[Aug 23, 2010 9:28:25 AM EDT] InvestorsLive here we go more south

Then the second trade

[Aug 23, 2010 9:37:18 AM EDT] InvestorsLive JAZZ back on $8

[Aug 23, 2010 9:37:20 AM EDT] InvestorsLive going to re short

[Aug 23, 2010 9:37:43 AM EDT] InvestorsLive re shorted JAZZ

[Aug 23, 2010 9:37:58 AM EDT] InvestorsLive 8.02s in acct that I have 2.5k padding

[Aug 23, 2010 9:43:30 AM EDT] InvestorsLive woot JAZZ

[Aug 23, 2010 9:59:59 AM EDT] InvestorsLive ooooo baby JAZZ

[Aug 23, 2010 10:01:30 AM EDT] InvestorsLive covering a lot of JAZZ

[Aug 23, 2010 10:01:32 AM EDT] InvestorsLive at .71

[Aug 23, 2010 10:02:02 AM EDT] InvestorsLive dang I reversed JAZZ agian .. comon blow thru my cover

The third trade and swing trade

[Aug 23, 2010 10:08:17 AM EDT] InvestorsLive re added some JAZZ

[Aug 23, 2010 10:08:22 AM EDT] InvestorsLive that I covered .71s

NXT Nutritionals Holdings, Inc. (NXTH.OB) sold some into the close – was awesome mover today… everyone in the chat room should no this if you’ve been a member more than 4 months… and everyone knows once a pumper always a pumper – will be looking to take the rest off tomorrow depending on the follow through – don’t be afraid to sell – it’s a POS and just a re pump we’ll see .. watch dips

Washington Mutual Inc. (WAMUQ.PK) another perfect alert on this one like last time… I was trading some good size… about 220k shares before downsizing to 50k + 20k in SpeedTrader for over night… I sold most at the HOD as I stated and said before I filled .. where I was selling. Ideally …. .25 + open .. we’ll see awesome move EOD but we may finally be near a move this popped back fast today which means they might have been cleaning it up last run and now it’s ready to roll

SINO AGRO FOOD INC (SIAF.PK) actually pissed I missed this one.. I saw it but never really took a good look at it and I’m not sure why it wasn’t on my scan last  night.. I woulda bought it. Anyway… still has some legs in it imo – short watch for sure but watch dips this may consolidate around $1 before a better move .. the gaps and holds tell me there is a program under way and $$ supporting it

Jazz Pharmaceuticals, Inc. (JAZZ) see notes above.. that’s my plan – in order to do this I need a wider stop than most are willing to have

The Amergence Group (AMNG.PK) oooo I was ready for it.. had a boat load short but ended up pissing away commission’s on it and then lost a few hundred later on… just didn’t want to crack… lotta volume going back and forth… lotta volume being double printed.. they may however have another good day in it and if so … it’s gonna rally nicely – but short biased – would like to nail it… and it won’t be easy.

Chelsea Therapeutics International Ltd. (CHTP) nice fade after the opening spike.. wish I was on it .. awesome fade all day… going to watch this over the next few weeks as there is forward looking events and should keep this in play – worth having on radar

Cloud Centric Systems, Inc. (CLDR.PK) another one of those sketchy POS’s that they just tank and then run … seems to be the new “in” thing in POS pumper world.. and it works.. since there was so much volume coming with little price action as I said in sub penny chat I locked in a bunch of it … awesome from .0011-.0012s and .. bbstock alerted earlier I didn’t see until I alerted and made nearly a double on it… locked in $1k profits + and holding million and change over to sell tomorrow.

Sulphco Inc. (SUF) watch for continued momentum – traded this one toady … kept a lil in case – I had a lot in case .45 broke but after a few attempts decided to lock in … held my entry so held on to rest .. .405-.41 is my avg with $574 locked in… only have 10k left will give it a lil wiggle room

Some other sketchy charts to take note of

American Power Corp. (TGMP.OB) looks like they have a $250k mailer-ish thing being sent out – it’s all easy on the way up the first few days why I like to find them early

WILLOW CREEK ENTPRS (WLOC.OB) looks like this one is being walked up.. wouldn’t be surprised to see a forward split on this one.. or it may have already been done – worth a watch in case volume and a program starts… they don’t do this stuff just for fun… there’s a rhyme and a reason behind it all

We had an awesome start Friday right out of the gate.

[Aug 20, 2010 9:29:53 AM EDT] InvestorsLive thinknig MTXX s/s on an AM pop

[Aug 20, 2010 9:31:25 AM EDT] InvestorsLive shorted a lil MTXX 5.35 just small for a trade

Kirkland’s Inc. (KIRK) was another one outta the gate with some fantastic range… was up.. then down .. then up .. then down.. then up .. then even and out. KIRK was nice enough to give 3 opportunities to get out even before it decided to throw the towel at $12 and fade under it.. that shoulda been a sure sign to just keep it on radar but let it find bottom and reverse. I saw after I left Jerm had a huge play and long call on it .. way to go – awesome rebound this will definitely be in play tomorrow.

Chelsea Therapeutics International Ltd. (CHTP) very nice range on Friday .. I took an image on the bus trip up to white water rafting when bmon alerted to the EOD move because it was set up so perfectly. Sure it wasn’t a huge move but definitely one set up to memorize – this is one we go over 2352523 times

PMI Group Inc. (PMI) potential reversal pattern setting up .. watch for red/green and green hold here $3.25 will be breakout

Wave Systems Corp. (WAVX) had some range and a half on Friday… pulled back heavy through the day and I scooped it 2.34-2.35 just in case (I was bored on the bus and like to have a well range of buy experiences ie: airplane, airport, in this case .. bus etc.) but will sell pre or at open … if any green etc.. no real rhyme or reason to it just played the pull back – this may have more in it though. I’d look for 2.75 fail and short

CLICKER Inc. (CLKZ.OB) looks like they hired some email pumpers for the weekend – now definitely a short watch – the fact that they couldn’t hold it green on a Friday leads me to believe they are getting weak and the days are numbered… and this is going to fall fast

Vista Gold Corp. (VGZ) long biased on $2 test

WHX Corp. (WXCO) this hasn’t been on my scan because of the low volume but we’ve obviously taken note of it…. I guess it’s worth watching .. hopefully everyone shorts it and get’s squeezed to the $12-14s so we can then short it and make $$

The Amergence Group (AMNG.PK) short watch after morning strength and dip … after it fails a few times at HODs I’ll prob work into a short – it may have a good second morning it in like their other play ADSY

DEGAMA SOFTWARE SOLU (DGMA.PK) silly move… but no reason why it can’t keep going – I will look for a short on morning gap and run