Year: 2009

Watchlist for a blizzardly Thursday

AAU – Hmm, looks nice a nice breakout, but no volume today. Pass.

aau

AFFX – First really big up day with volume since the stock’s crash in late October. It might have more.

affx

LIWA – Now that is a breakout!

liwa

GGWPQ – Keeps going. No clear play IMHO but it will continue to be volatile.

ggwpq

IMGN – Up on breast cancer drug news today, chart looks decent.

imgn

Disclosure: No positions in anything mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.

Trade recap for December 9th

Not too much exciting for me today. In my video I promote the Investors Underground chatroom; use my link and type in “reaper” as the promo code and you can save money there.

Trades at IB:

BOT    1,000    NLST    false    Stock    5.5900    USD    ISLAND    09:30:14        5.00
+    SLD    1,000    NLST    false    Stock    5.750    USD    SMART    09:30:54        5.00
SLD    500    LZB    false    Stock    9.90    USD    NYSE    09:35:45        2.50
+    BOT    500    LZB    false    Stock    9.874    USD    ARCA    09:54:22        2.50
+    BOT    500    NLST    false    Stock    5.950    USD    ARCA    14:53:03        2.50
+    SLD    500    NLST    false    Stock    5.844    USD    SMART    14:55:59        2.50
+    BOT    1,000    SMCE    false    Stock    1.665    USD    SMART    15:59:21        5.00

Daily profit: $110.04

Disclosure: Long 1000 SMCE and short 5000 RWC. No positions in anything else mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.

Watchlist for December 9th

RMIX – Another strong up day, could have another one, but odds are not as good now. I probably won’t play it because I know I’m not great at playing cheap stocks.

rmix

VVTV – Nice breakout yesterday and follow-through today. No easy play tomorrow.

vvtv

RWC – Contract win today, but the total value is spread out over many years and many companies. It couldn’t do anything today after gapping up so I’ll look for further weakness tomorrow.

rwc

NLST – We’ve seen this kind of move before. If this goes green tomorrow or gaps up slightly I will be a buyer.

nlst

PIP – This is what happens to 90%+ of biotech stocks. It could bounce a bit considering its huge plunge. I won’t play it.

pip

LZB – Nice breakout over $10, but it has been choppy and slow. I’m not going to try buying this again.

lzb

IFNY – Horrid little pinkie with no current financial information, up a bunch on a supposed oil find. That being said, the chart is bullish. I never recommend buying pink sheets or OTC stocks, but I especially advise inexperienced traders to avoid them.

ifny

HOKU – Crazy chart, but nice volume gain today. Maybe more tomorrow? I would consider buying on green, but it is right at resistance.

hoku

Disclosure: No positions in anything mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.

Trade recap for December 8th

Nothing too exciting today.

Daily profit: $304.60

+    BOT    300    RWC    false    Stock    4.490    USD    ARCA    10:02:04        1.50
SLD    300    RWC    false    Stock    4.41    USD    AMEX    10:03:33        1.50
BOT    300    RWC    false    Stock    4.50    USD    DRCTEDGE    10:08:11        1.50
SLD    300    RWC    false    Stock    4.33    USD    DRCTEDGE    10:10:51        1.50
+    BOT    500    LZB    false    Stock    10.060    USD    SMART    14:59:04        2.50
+    BOT    3,096    LZB    false    Stock    10.085    USD    DRCTEDGE    15:06:29        15.48
+    SLD    3,596    LZB    false    Stock    10.198    USD    SMART    15:07:09        17.98

Disclosure: No positions in anything mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.

Excellent report on CLRH and NXTH pump and dumps

Thank you Streetsweeper! This article highlights the similarities between CLRH and NXTH and the work of Charles Payne in promoting NXTH. If you are unsure of how stock promotion works, this is a very informative article.

Investors blinded by the pretty stock prices for NXT Nutritionals (OTC.BB:NXTH) and Clear-Lite Holdings(OTC.BB:CLRH) might want to take a closer look at other – less attractive – traits shared by these two companies.

After going public through reverse mergers with shell companies earlier this year, both NXTH and CLRH promptly hired the same part-time CFO to keep their books in order. They also retained the same auditing firm in Boca Raton – a region viewed by regulators as a hotbed for securities-related fraud – to bless their financial statements. They even chose the same tainted public relations firm to attract potential investors. (That firm failed to answer questions about the companies for this story.)

Read the rest of the article at TheStreetSweeper.com

Disclosure: No positions in anything mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.

Watchlist for December 8th

BMJ – Nice move today, lower volume. Possibly a long on strength tomorrow.

bmj

PEIX – Another strong move today. What have I said in the past about paying attention to hot sectors?

peix

RMIX – I think this could have another strong up day before it inevitably falls back down. Notice the huge volume today. I would like it as a long on the $1 break or red/green.

rmix

LZB – On watch for long on a continued move (with volume) above $10.

lzb

Notice how it spiked towards the end of the day once it got a volume spike. Always pay attention to volume and price.

lzb_1day

Disclosure: No positions in anything mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.

Trade recap for December 7th

Nothing much today, just one little trade. I was busy with some other things. I had one nice trade buying BIOF as it squeezed short sellers on a morning spike. I was 10 cents too early getting out. Oh well.

+    BOT    1,000    BIOF    false    Stock    2.940    USD    SMART    09:35:35        5.00
+    SLD    1,000    BIOF    false    Stock    3.174    USD    ISLAND    09:37:14        5.00

Daily profit: $224.00

Disclosure: No positions in anything mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.

Watchlist for December 7th

GGWPQ – Nice move on reports that two different REITS are considering buying the company’s assets or the whole company. No clear play now.

ggwpq

OCLS – Up for two straight days after they provided an update on their research. Considering the news and that it isn’t up that much, I don’t think shorting here would be wise.

ocls

AHT – Decent breakout chart, resistance longer-term.

aht

Disclosure: No positions in anything mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.

Trade recap for December 4th

A nicely  profitable day, but nothing too exciting. I had a great 14% profit shorting IFNY but I only got 1,500 shares of it before IB ran out.

IFNY 3-day, 15-minute candlestick chartifny

+    SLD    500    IFNY    false    Stock    1.676    USD    SMART    09:39:22        2.50
SLD    1,000    IFNY    false    Stock    1.65    USD    SMART    09:39:48        5.00
BOT    500    IFNY    false    Stock    1.47    USD    SMART    11:06:26        2.50
BOT    300    IFNY    false    Stock    1.37    USD    SMART    11:07:16        1.50
BOT    300    IFNY    false    Stock    1.39    USD    SMART    11:08:25        1.50
BOT    400    IFNY    false    Stock    1.39    USD    SMART    11:12:16        2.00
SLD    200    STE    false    Stock    28.90    USD    ISLAND    11:47:27        1.00
+    BOT    200    STE    false    Stock    28.870    USD    DRCTEDGE    11:48:42        1.00
+    SLD    3,000    BIOF    false    Stock    2.850    USD    DRCTEDGE    14:56:14        15.00
+    BOT    3,000    BIOF    false    Stock    2.800    USD    SMART    14:56:59        15.00

Daily profit: $450.75

Weekly profit: ($0.45)

Disclosure: No positions in anything mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.

Watchlist for December 4th

AAPH  is interesting, but a little low-priced for my taste.

CCRT jumped big today on news of a dividend and a spinoff plan. It might have another move in it tomorrow.

GGWPQ had a nice breakout today. This is one of the 5% of bankrupt companies that will re-emerge from bankruptcy with shareholders intact. I see no easy play now though.

LZB is nearing a nice breakout at $10.

Disclosure: No positions in anything mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.