Mentions of AEHI in chat:
[May 12, 2010 12:00:56 PM EDT] JC AEHI hod
[May 12, 2010 12:17:32 PM EDT] JC AEHI seems pumped hmm
[May 12, 2010 12:22:32 PM EDT] JC frigging… AEHI new hod
[May 12, 2010 12:24:59 PM EDT] SteveS AEHI how high will that go?!
[May 12, 2010 12:28:03 PM EDT] Reaper AEHI omg
[May 12, 2010 12:28:09 PM EDT] JC wtf…AEHI..
[May 12, 2010 12:30:28 PM EDT] Reaper shorting a bunch of AEHI … very risky
[May 12, 2010 12:30:46 PM EDT] Reaper short 3100 AEHI @ .97055
IFLG a nice short (in SogoElite, not shown below):
[May 12, 2010 2:57:57 PM EDT] Reaper shorted 1k IFLG @ 5.35 @ sogoelite … very tight 10 cent stop
[May 12, 2010 2:58:50 PM EDT] Reaper I like the big offers on IFLG @ 5.37 and 5.40
[May 12, 2010 3:05:59 PM EDT] Reaper covered 500 of my IFLG @ 5 still short 500
[May 12, 2010 3:09:42 PM EDT] Reaper out IFLG @ 5
My trades today (except those at SogoElite):
BOT 1,000 AMEL false Stock 1.3100 USD SMART 10:26:48 5.00
BOT 1,000 AMEL false Stock 1.3100 USD ARCAEDGE 10:27:22 5.00
SLD 2,000 AEHI false Stock 0.9300 USD SMART 12:27:34 9.30
SLD 100 AEHI false Stock 1.3400 USD SMART 12:28:53 1.00
+ SLD 1,000 AEHI false Stock 1.030 USD SMART 12:30:22 5.00
BOT 1,500 AEHI false Stock 0.6000 USD SMART 12:45:10 4.50
BOT 1,600 AEHI false Stock 0.6500 USD SMART 12:58:53 5.20
+ BOT 5,000 DIVX false Stock 7.235 USD SMART 15:48:17 25.00
+ SLD 2,500 DIVX false Stock 7.300 USD ARCA 15:48:52 12.50
+ SLD 2,500 DIVX false Stock 7.400 USD ISLAND 15:49:12 12.50
+ SLD 500 DIVX false Stock 7.510 USD SMART 15:50:58 2.50
+ BOT 500 DIVX false Stock 7.550 USD SMART 15:54:12 2.50
09:53:31 PRWP B 0.8 1630 NITE
10:22:18 PRWP S 0.83 1185 NITE
10:19:11 PRWP S 0.83 445 NITE
Daily profit: $2,193.60
Disclosure: No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.
Do you know of anyone (or any group) that specializes in trading 5-letter stocks? Things like APCVZ, REEDR, WAMUQ, etc. Sometimes these things make huge intraday moves, and I have no idea what they even are, let alone how to interpret their moves. One time I bought APCVZ only to realize after an hour of research that it was a “debenture,” prompting a sale and an oath to never trade anything with five letters until I at least understand how to pronounce its name :-). Do you know any resources or people that do well in this tiny niche of trading?
Some examples of 5-letter stock endings meanings:
D: A new issue of an existing stock. (Often the result of a reverse split.)
E: Delinquent in required filings with the SEC as determined by the NASD
Q: In bankruptcy proceedings
R: Rights
S: Beneficial interest
Y: ADR (American Depositary Receipt)
Z: Miscellaneous situations
I wouldn’t call it a niche … I have traded some of these types. The folks at InvestorsUnderground trade more of these than anyone else I know.
ok thanks!
if you have a filter ,scan or simply know a stock is a pump and dump, you know the stock will go down, what will tip a trader off that the stock will go down? what do you look for on an intraday chart?
For true pump & dumps the volume and an understanding of who the pumpers are and how they work are more important than any technical analysis.
Just curious Reaper, what broker did you use to short AEHI? I couldn’t find any.
Interactive Brokers