Michael Goode

Author's details

Name: Michael Goode
Date registered: December 28, 2011
URL: http://www.goodetrades.com

Latest posts

  1. SEC Suspends trading in FinestPennyStock pump Broke Out $BRKO — March 17, 2016
  2. Great new technologies, horrid investments: Does this describe Editas $EDIT? — January 5, 2016
  3. How to be dead wrong about Kalobios Pharmaceuticals $KBIO — November 19, 2015
  4. A short analysis of Kalobios Pharmaceuticals $KBIO liquidation value — November 16, 2015
  5. Fraudulent market-moving tweets net $97 in profits and a criminal indictment — November 6, 2015

Most commented posts

  1. On Timothy Sykes becoming a stock promoter and promoting IRYS — 151 comments
  2. Timothy Sykes is full of bullship — 51 comments
  3. Watchlist for Friday the 11th — 50 comments
  4. How to borrow shares to short — 49 comments
  5. Silence in the library — 43 comments

Author's posts listings

Mar 17

SEC Suspends trading in FinestPennyStock pump Broke Out $BRKO

BRKO

Today, less than two minutes prior to the market open, the SEC suspended trader in Broke Out (BRKO), the current FinestPennystock.com pump that has squeezed shorts like crazy the last two days. The stock will resume trading on April 1st. Likely among those shorts getting squeezed the last couple days is Hunter Adams of The Street …

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Jan 05

Great new technologies, horrid investments: Does this describe Editas $EDIT?

cree

One thing growth investors and stock promoters love is a brand new industry that is growing quickly and revolutionizing our lives. The problem is most of the time much of the companies end up losing money and even going bankrupt even as the new industry blossoms because of fierce competition. This happened with railroad companies …

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Nov 19

How to be dead wrong about Kalobios Pharmaceuticals $KBIO

KBIO_chat

Needless to say, my previous post on KaloBios Pharmaceuticals was dead wrong. Martin Shkreli and friends bought up the majority of the company over the past couple days (at under $2 per share on average) and their SEC Form 4s after the close yesterday caused a massive short squeeze that sent the stock up to …

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Nov 16

A short analysis of Kalobios Pharmaceuticals $KBIO liquidation value

Disclosure: I am short KBIO and I intend to actively trade the stock after this post is published. See full disclaimer below. Here is my back of the envelope calculation of the value of Kalobios Pharmaceuticals (KBIO). This was first posted in the TimAlerts chat, where I am and have been a moderator for years. …

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Nov 06

Fraudulent market-moving tweets net $97 in profits and a criminal indictment

Capture2

The SEC yesterday announced a lawsuit against Scottish trader James Craig for imitating Muddy Waters and Citron Research twitter accounts and in those fake accounts alleging fraud at public companies that caused stock declines.  For details, see the SEC complaint (PDF). The SEC’s complaint alleges that Craig’s first false tweets caused one company’s share price …

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Nov 04

2016 Chicago Michelin Guide Bib Gourmand Restaurants (Map)

So I put this together just because I hadn’t seen anyone else map the list this year. See the list at the Chicago Tribune. The Bib Gourmand recognizes restaurants with very good food and good value (two courses and a glass of wine for $40 or less), a noteworthy distinction for budget-minded diners. Disclaimer: I …

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Oct 28

Anavex Life Sciences $AVXL and the Lincoln Park ATM

Notice: This post has been corrected as of 7pm 2015-10-28 — originally I averaged the past 20 trading day closing prices, rather than the past 10 days. I am sorry for the error. There is a lot of confusion about how the $50 million funding commitment from Lincoln Park Capital Fund LLC to Anavex Life …

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Oct 26

A Short blog post of much importance

If you come across a bear and decide to run, what matters is that you run faster than the slowest person you are with, not that you be able to outrun everyone you are with or outrun the bear. This same sort of logic applies to trading, too. You don’t need to be the smartest …

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Oct 23

What is your edge: Real estate edition

As a hobby I dabble in real estate. It is quite different than day-trading stocks in many respects but it shares some important characteristics, the most important of which is that to consistently make money you need to have some edge. I wrote about the importance of having an edge in my classic blog post …

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Oct 14

New Wall Street Report pump and dump: Petroterra Corp $PTRA

ptra_chart

Starting after the market close last Friday, WallStreetReport.org started sending emails promoting Petroterra Corp (PTRA). The emails continues yesterday (Monday) and today. The emails linked to a video at http://wallstreetreport.org/wrp1/ptsv34332.php and to a landing page promoting PTRA here: http://wallstreetreport.org/wrp1/ptsw34332.php WallStreetReport.org is a relatively new stock promotion website and I have only been subscribed to them since August. …

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