Momentum stocks on watch for January 7th

ECOB – This is the BestDamnPennyStocks pump and it has been a competent pump so far, from $0.50 to $0.84 in two days. I am long 3,200 shares of this and intend to sell soon after the open tomorrow. If it goes up a couple more days I’ll get excited about the potential for shorting it.

ecob

CDII – Hype! No reason for this to be up from $1.25 to $2.10 in three days. I will look to short aggressively on weakness.

cdii

ICXT – Expect more volatility either way, like NLST after its first big move.

icxt

IDN – This should be a nice long as it crosses $4. It could go either way, though.

idn

Disclosure: Long 3,200 ECOB. No positions in any other stock mentioned. This blog has a terms of use and you can find all my disclaimers and disclosures there as well; my full terms of use is incorporated by reference into this post.

0 thoughts on “Momentum stocks on watch for January 7th”

  1. No mention of the stock RHIE? It was one of the Nasdaq’s top gainers today. Solid uptrend all day. Good potential momentum player. Thanks for all your insight Michael.

  2. Nice of you to buy my AHD pump and sell it so soon to my many suc… subscribers at the high of the day. Then it dropped 50 cents.

    Aint it great to make a grand on a fraudulent pump?

    Love, Timmie

  3. Heh, pretty amazing I don’t know many times I’ve seen Tim tell people that he wants them to learn his methods not just blindly follow him but they just want the picks anyway. I’m not even a subscriber and I know that.

    last I checked Lemmings never make good money in stocks no matter what whale they follow. People are lazy.

    If were Tim I’d take advantage of this spoofer guy and the whole Tiger Woods tabloid thing.

    Remember the Nike ads “I am Tiger woods.”?
    Replace Tiger Woods with Tim Sykes and I think he could have a good viral campaign youtubes for his service. At least it would be better than that one where he parodied a Few Good Men.

    Not that he needs another one, but he does seem to enjoy self promotion. 🙂

  4. If anyone is short AENY watch out looks like there maybe another round of pumping. I got this email a couple of minutes ago…

    Breakout Alert: Americas Energy
    Company (AENY) continues to
    move aggressively higher.

    Recommended Action: Don’t wait – Get in now!

    This is the profit opportunity of a lifetime
    …and it won’t last much longer.

    ——————————————————————————–

    Several months ago I sent you an email alerting you to this exceptional offering. At that time AENY (previously TRET) was trading around $1.00.

    Then it doubled – which was good enough to turn $3,000 to $6,000… or $10,000 to $20,000 in such a short time. This stock is soaring and could easily go over $20 a share.

    AENY is becoming a glowing target on Wall Street thanks to Warren Buffett’s $44 Billion total buyout of BNSF railroad.

    Trading close to $4.00, it is still not too late to acquire shares in this exploding opportunity that is on its way to $20 a share.

    I’ve included all the details in my newly published report – which I highly suggest you read by following the link below.

    Don’t miss out –

    Select here for my Special Report

  5. Paper traded GNVC @ 1.60 (10:02). Now it’s making a nice run up! I had to paper trade, b/c I’m at work and have meetings today. Arggh! Oh well, tomorrow I’m off and in the hunt! I did profit off of CDII monday, btw. For REAL money…

    Now, off to my meeting. Yawn…

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