Year: 2009

Trade recap for 12/23

One good trade today and one small botched trade … I am happy with today.

+    SLD    1,000    AHD    false    Stock    6.990    USD    ARCA    09:31:21        5.00
BOT    300    AHD    false    Stock    6.6498    USD    SMART    09:37:57        1.50
+    BOT    700    AHD    false    Stock    6.419    USD    DRCTEDGE    09:38:38        3.50

Daily profit: $493.56

Disclosure: No positions in anything mentioned in this post. This blog has a terms of use and you can find all my disclaimers there as well; my full terms of use is incorporated by reference into this post.

Watchlist for the day before Christmas Eve

AHD – A double on no news but an upgrade? Short on red. I have fond memories of the last NYSE MLP I shorted, USS (from back in July 2008).

ahd

ATHX – Whoa, Momma! Unsupportable move, but hey, I’m long-biased now. This thing was a no-brainer buy on the break of the high today. I’d consider buying it on green tomorrow. ATHX is the new NLST! Could also be a good short on red.

athx

CIIC – Yeah, baby! A 90% move on no news? I’m eager to short this crappy China stock. I’d consider longing it on green, too, but my bet is it falls 20% tomorrow.

ciic

NVLT – Nice move, less interesting to me than the stocks above, especially considering it is an OTC BB stock.

nvlt

Disclosure: No positions in anything mentioned in this post. This blog has a terms of use and you can find all my disclaimers there as well; my full terms of use is incorporated by reference into this post.

Do you even know what you don’t know about AMCORE Financial?

One trade today, a short of AMFI … I would’ve played it bigger and held on longer but I am just finishing up my SEC Filing DVD. You probably only have a few days to a week left to order it at special pre-order pricing.

For more information on Canopy Financial and Jeremy Blackburn, check out this SEC litigation release.

Daily profit: $102.00

Disclosure: No positions in anything mentioned in this post. My health savings account is a creditor of Canopy Financial and potentially of AMCORE Financial and Shawnee Administrative Services. This blog has a terms of use and you can find all my disclaimers there as well; my full terms of use is incorporated by reference into this post.

Watchlist for December 22nd

Not much here. I hope someone profited from MTEX as a short today, from yesterday’s watchlist. It was down 20% today, fading gradually throughout the day.

AMFI – Short hard on red, potential long on red/green. This thing is still likely to go bankrupt and even after a 100% run in two days it remains priced for bankruptcy.

Disclosure: No positions in anything mentioned in this post. This blog has a terms of use and you can find all my disclaimers there as well; my full terms of use is incorporated by reference into this post.

Trade recap: Nothing to see here

Boring day for me.

Daily profit: ($2.00)

SLD    200    SMOD    false    Stock    6.00    USD    SMART    15:50:28        1.00
BOT    200    SMOD    false    Stock    6.00    USD    ISLAND    15:52:08        1.00

Disclosure: No positions in anything mentioned in this post. This blog has a terms of use and you can find all my disclaimers there as well; my full terms of use is incorporated by reference into this post.

Watchlist for Monday

PCBC – Nice move Friday on strong volume; this has a history of multi-day runs. I would consider going long on red/green. CPF has a similar chart, though not as good a history of multi-day runs.

pcbc

SMOD – Nice breakout, at longer-term resistance. Good volume Friday. It was up on earnings, so it may keep going.

smod

MTEX – I’m always short-biased on this MLM firm. Hopefully it has a third big up day to set up a better potential short.

mtex

IFNY – Breakout, but on low volume. Tim Sykes is long this. I would not buy this here because it is a pink sheet stock and the volume is anemic.

ifny

Disclosure: No positions in anything mentioned in this post. This blog has a terms of use and you can find all my disclaimers there as well; my full terms of use is incorporated by reference into this post.

Trade recap for December 18th

Not much today. No video trade recap either … I’m a little busy hanging with family.

Daily profit: ($85.00)

Weekly profit: $471.22

BOT    1,500    OPTZ    false    Stock    1.1100    USD    ARCAEDGE    09:06:41        7.50
SLD    200    OPTZ    false    Stock    1.1000    USD    ARCAEDGE    09:32:48        1.00
SLD    500    OPTZ    false    Stock    1.0700    USD    ARCAEDGE    09:34:06        2.50
SLD    300    OPTZ    false    Stock    1.0500    USD    ARCAEDGE    09:35:24        1.50
SLD    500    OPTZ    false    Stock    1.0500    USD    ARCAEDGE    09:35:41        2.50

Disclosure: No positions in anything mentioned in this post. This blog has a terms of use and you can find all my disclaimers there as well; my full terms of use is incorporated by reference into this post.

Watchlist for December 18th

PIR – New 52-week high today and nice breakout.

pir

SNIC – Big breakout today.

snic

MEDG – Goodbye, pumped piece o’ crap! I just missed a fill on a short order right at the open this morning at $0.80.

medg

MILL – On short watch following big two-day move on a slightly misleading press release. It is misleading in that it uses for the headline number the NPV of not just the proved reserves but also the probable reserves. Sorry boys, you shouldn’t do that. I wouldn’t really want to short this unless it has another big up day.

mill

EXAS – Nice breakout, lower volume.

exas

Disclosure: No positions in anything mentioned in this post. This blog has a terms of use and you can find all my disclaimers there as well; my full terms of use is incorporated by reference into this post.

Trade recap for December 17th: (Yawn)

Boring day, nothing to see here, so move along.

Daily profit: $32.50

SLD    200    LLFH    false    Stock    6.2300    USD    SMART    09:33:37        1.00
BOT    200    LLFH    false    Stock    6.1000    USD    ARCAEDGE    09:40:29        1.00
SLD    500    LLFH    false    Stock    5.9000    USD    ARCAEDGE    10:04:24        2.50
SLD    100    LLFH    false    Stock    5.9000    USD    ARCAEDGE    10:06:12        1.00
+    BOT    600    LLFH    false    Stock    5.875    USD    ARCAEDGE    10:09:18        3.00

Disclosure: No positions in anything mentioned in this post. This blog has a terms of use and you can find all my disclaimers there as well; my full terms of use is incorporated by reference into this post.

Watchlist for Thursday

LLFH – Tim Sykes bought this today. It is a nice breakout, but it is OTC and the volume was only 622,000. I bet it will go up a little tomorrow and then be choppy. I will not buy.

llfh

RXII – I think I’ve written before that stocks on short watch can make nice buys. This was a nice buy today. Still on short watch.

rxii

MTSN – Nice breakout to 52 week highs.

mtsn

BZH & HOV – A couple homies that are doing nicely in the last couple days.

FMNTQ – If you like bankrupt pinkies, this is a beautiful breakout and it has done well on past breakouts.

fmntq

TSYS – Nice breakout; some resistance from early 2009.

tsys

Disclosure: No positions in anything mentioned in this post. This blog has a terms of use and you can find all my disclaimers there as well; my full terms of use is incorporated by reference into this post.