We had a realllllll hot run with a lot of these stocks. Intraday they’ve been awesome traders, over night many times continuation. But … I’m starting to notice a trend the past 5 to 10 days .. I’m sure you can find it below.

REMEMBER THESE ARE ALL POS, THEY ARE IN THE BUSINESS TO SELL YOU SHARES – DON’T BELIEVE THEM, JUST BECAUSE THEY HAVE SOMETHING “GREAT” ITS JUST TO MAKE YOU BELIEVE – JUST RELAX AND TRADE

GREED is starting to kick in. Newsletters are starting to pump out as many plays as they can before the market craters again because they know the volume will die again and they will lose their jobs. It’s been an insane run, who knows maybe I could be wrong and next week turns around but just be extremely careful. I usually use some pretty good risk in a bunch of these but after the WellTek Incorporated (WTKN.OB) thing (fortunately it bounced back huge and had a ton from low) and last nights Pengram Corp (PNGM.OB) where they just market sell outta the gate… not my interest.

They are good when they are hot but when they are not…  as you saw many $5-10k + days on them… 13k yesterday on MHYS $25k + on MDCE  +16-17k+ on ECOB … all nice and grooovy but if you give back $3-5k of it on two different ones… scale down … . think about it … niche strategy always pulls through like this morning where we nailed:

Hanmi Financial Corp. (HAFC)
IsoRay, Inc. (ISR)
Direxion Daily Financial Bear 3X Shares (FAZ)
Pacific Capital Bancorp (PCBC)

These kind of plays when hot are literally the easiest money in the market, had my top 4 days this past month on a lot of these, but once they start becoming a head ache… and 50/50 … time to throw them out the window and stick to what works ALWAYS ……. day rangers, 52s, HODs, etc etc etc

Alto Group Holdings Inc. (ALTO.OB) from .40 to .80 over a few days .. ..80 to .35 in 1 day

Pengram Corp (PNGM.OB) nice move yesterday … four newsletters over night and -50% out of the gate? Comon you greedy pricks

date    Wed, Jan 20, 2010 at 4:14 PM
subject    The Time Is Now, Our New Gold Pick Is….
date    Wed, Jan 20, 2010 at 6:22 PM
subject    More Information That Shows PNGM Could Be Huge!
date    Wed, Jan 20, 2010 at 6:23 PM
subject    PNGM Could Be The Next Big Gold Rush!
date    Wed, Jan 20, 2010 at 9:16 PM
subject    Let The Gold Rush Begin! PNGM

VITAL PRODUCTS, INC. (VTPI.OB) .. PSC on this one fortunately for us we were swinging in the sub chat .0048 and .006 (mentioned twitter) I was a bit greedy wanted .02 + when it was there hit .0195 … never higher… ended up selling .015 to .01. Made 200-300% but could made a whole lot more – didn’t think they’d be THIS greedy yet again

Mass Hysteria Entertainment Company, Inc. (MHYS.OB) from .16 pre market to .24-.26s .. back in .24s out .30 and .325 (all in chat) but many many many reminders to our guys.. if it doesn’t break out outta the gate TAKE IT OFF … no horror stories everyone managed to get out – so that’s good news people are listening

WellTek Incorporated (WTKN.OB) this one search my post on it… pennypic scammer rumored just about everything he could so you could find a direct match and then pulled the program because he “cares so much about them” and instead gave them MHYS which tanked 50% off highs

I haven’t been trading many Nasdaq’s lately the past 2 days, OTCBBs have been paying the bills

MEDICAL CARE TECHNOL (MDCE.OB) nice volume today, yesterday was first day of pump – more tonight different sites – looks like should have a solid start tomorrow will be watching it if it keeps hitting walls and doesn’t break out I will take it off – but this was much like the first day of Blue Gem Enterprise (BGEM.OB) when we were all in at .22s – of course be aware its a pump and when/if it starts to drop don’t start believing the PRs and thinking wooohoo just a dip, take ur profits etc

Alto Group Holdings Inc. (ALTO.OB) nice first day pump from PSC – looking for an .80 gap over probably higher if we are lucky – decent day on that – if it doesn’t hold gains from there I’ll start thinking of taking profits – can always re buy later on if it proves to be stronger

Anchor BanCorp Wisconsin, Inc. (ABCW) some volume returning, you can see within the 6 month chart its a former runner – watching for .75 hold and more volume

Alkane, Inc. (ALKN.PK) reminds me soooooooo much Viking Systems, Inc. (VKNG.OB) and InstaCare Corp. (ISCR.OB) in fact I’m 99% sure its the same people, the trading is just too similar – the market makers used etc (oh, and the move from sub penny land to insane price levels) oh no news? WTF ……. SKETCHY anyway.. one more gap possible… then who really knows.. just a bit crazy from .04 alert ha

InstaCare Corp. (ISCR.OB) another nice one sold a  a little bit of what I was holding from the alert all day just because each big day it has is usually followed up with low volume – I’m hoping though we have a nice gap .18 range and test .20 very nice reversal on the chart (Looks a lot like VKNG which I’m also watching for a reversal)

BioFuel Energy Corp. (BIOF) closed at 52s, awesome chart, looking for $4 hold tomorrow or red/green and more highs towards $4.50+

BIOPACK ENVIROMENTAL (BPAC.OB) gapped this one, was clear some more stuff was coming since Beacon usually doesn’t remain ridiculously strong through the day as it did today, looking for another gap possibility towards $.55s

Echo Therapeutics, Inc. (ECTE.OB) gapped up a bit today nearly testing that $2 mark I mentioned, keep an eye for another test tomorrow it may do it .. nice volume picking up

City Bank (CTBK) the gaps have held on this which shows me strength, looking for green hold and HODs and we could get a move towards $2.50s otherwise not watching

CDC Corp. (CHINA) short bias intraday not over night

China Finance Inc. (CHFI.OB) swing I alerted to a few days ago at .295 and .30 if .30 broke, took a bit off congrats if you grabbed over 50% return in 3 days

MediaG3, Inc. (MDGC.PK) nice close, good alert today in chat hit my scan early – kept it over

Money4Gold Holdings, Inc. (MFGD.OB) I’ve mentioned many a times I feel this one is a sleeper (real good company based on 10Q … lotta vol today)

Pacific Ethanol, Inc. (PEIX) former runner former runner former runner – congrats to everyone on this one, maybe one more push then watching on the short side (if borrows)

MANAS PETROLEUM CORP (MNAP.OB) gapper for me looking for $1 , awesome alert two days in a row

SINO AGRO FOOD INC (SIAF.PK) back at 52s, still sneaking up

XSUNX Inc. (XSNX.OB) on watch for .20 break w/ volume

Medefile International, Inc. (MDFI.OB) subber chat alert, held some over – possible we’re on an .01 run, wish I still had my .002-.0025s back on the day it traded 300m

YAYI INTERNATIONAL (YYIN.OB) big alert at 2.30s nice move today rather thin looking for possible gap and profits

Li3 Energy, Inc (LIEG.OB) told ya’ll I am taking just 5k shares … and holding out til $1.50 haha, or stop around .60s – counting up how much we left on the table makes me SICK, post forward split we had a .045-.06 cost average, amazing

WELLTEK INC (WTKN.OB) shows you how deceitful, crappy and crook filled these websites are. I guess soon I will have to do a post about how they manipulate the market with their email list by doing stuff like this “Our next pick is coming Monday, so be ready!” and “Our next pick is coming Tuesday, so be ready!” and so on and so forth just so that new investors whom get on the list know they may be on the bag holder or good list.

Just look “Well respected analysts believe that this company is highly under priced and have placed a significantly higher price target on the stock.” aka THIS

and then give this “This is a Company that has a “Who’s Who” customer base which includes branches of the U.S. Armed Forces, the CIA, the FBI, Fortune 500 Companies and hundreds of hospitals and centers throughout the World!” read the paragraph above “About WellTek Incorporated” word for word

So, did these scum bags just want to reel their members in by giving them “just enough” to figure it out but then stand by the fact that they “never released it” before they canceled it and take your money in run? Probably

Pros: Was prepared, the stock spiked so quickly in the AM a) everyone knows not to chase that kinda stuff into big rips – only on big dips and/or if a strong close b) the move was so far from .30s to .50s that you’d be crazy not to lock some in as I always say and c) I always recco selling thru the day and holding partial as I said:

[Jan 11, 2010 12:45:52 PM PST] InvestorsLive (risky obviously cuz I’m assuming here but it is what it is we’re up big already)

Cons: if it ends up selling off …. even though I was up a few thousand realized on my low buys and high sells there’s a good chance that I will give back more than that and turn it into a loss … happens once your dealing with these scums fortunately we have BestDamnPennyStocks which at least don’t take advantage of their members for actually reading the emails in depth and still go out on what they give hints on aka EcoBlu Products, Inc. (ECOB.OB) which we all banked on

But then again pennypic.com likes to steal your money remember:
BLAST APPLICATIONS (BLAP.PK) Mid November at .055
Red Branch Technologies, Inc. (RBTI.PK) at .15 cents
Dynamic Response Group, Inc. (DRGZ.OB) Mid October at .90 cents

Biocentric Energy Holdings, Inc. (BEHL.PK) still swinging one 1/2 sold a bunch at the HOD today I had 518k and didn’t want that many … but they are still buying so possible we see some lifts soon towards .02 after that I’m done with it