Month: June 2010

Trade recap for June 17th

Just a quick bounce play on NMTI that didn’t work … I think I’ll stick with OTC stocks for my bounce plays. At least I used a tight stop.

nmti

15:46:03    NMTI    S    0.82    1000    SMART
15:45:44    NMTI    B    0.85    1000    SMART
SLD    1,000    VSTNQ    false    Stock    0.600    USD    SMART    11:34:45        3.00        null
BOT    1,000    VSTNQ    false    Stock    0.595    USD    SMART    11:35:36        2.98        null

Daily profit: ($44.98)

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.

Trade recap for June 16th

Not much to report today. I continue to be distracted and it is always better to risk missing good trades than to try to force it and end up making bad trades.

Daily profit: $8.01

09:27:31    AMEL    S    0.939    1000    ARCA
08:17:23    AMEL    B    0.93    1000    ARCA
+    SLD    2,700    BDCO    false    Stock    .523    USD    ARCA    09:56:13        7.06        null
+    BOT    2,700    BDCO    false    Stock    .510    USD    ISLAND    09:59:04        6.89        null
+    BOT    2,809    BGBR    false    Stock    .325    USD    ARCAEDGE    10:22:17        4.57        null

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.

Trade recap for June 15th

Not much worth saying about today.

Daily profit: $64.26

13:16:44    BGBR    B    0.32    2191    NITE
13:38:53    BGBR    S    0.325    2191    ARCA
13:43:01    IFLG    SS    7.23    1000    INET
14:17:34    IFLG    B    7.2    200    SMART
14:17:34    IFLG    B    7.2    600    SMART
14:17:34    IFLG    B    7.2    100    SMART
14:17:34    IFLG    B    7.2    100    SMART
SLD    5,000    MOPN    false    Stock    0.310    USD    SMART    09:37:33        7.75        null
+    BOT    5,000    MOPN    false    Stock    .305    USD    SMART    11:07:36        7.62        null
+    BOT    5,000    BGBR    false    Stock    .321    USD    SMART    12:25:24        8.02        null
SLD    2,809    BGBR    false    Stock    0.3250    USD    ARCAEDGE    13:38:53        4.56        null

Disclosure: Short 2809 shares of BGBR. No positions in any other 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.

Trade recap for June 14th

Just one trade, not worth a video.

+    BOT    200    IFLG    false    Stock    6.780    USD    ISLAND    15:56:32        1.00        null
SLD    200    IFLG    false    Stock    6.9000    USD    ISLAND    16:20:24        1.00        null

IFLG has a good history of gap ups following big runs so I thought I’d through 200 shares at it. (EDIT – after hours I sold my shares; I couldn’t take the anxiety.)

Daily profit: $22.00

Disclosure: Short 5,000 shares of BGBR. No positions in any other 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.

Trade recap for June 11th

SLD    5,000    BGBR    false    Stock    0.3325    USD    SMART    09:46:17        8.31        null
SLD    5,000    BGBR    false    Stock    0.3510    USD    SMART    10:25:53        8.78        null
BOT    5,000    BGBR    false    Stock    0.3301    USD    SMART    10:28:39        8.25        null
SLD    2,500    AMEL    false    Stock    0.5998    USD    SMART    10:51:50        7.50        null
+    BOT    2,500    AMEL    false    Stock    .560    USD    SMART    11:55:53        7.00        null
SLD    2,500    AMEL    false    Stock    0.5599    USD    SMART    12:41:05        7.00        null
BOT    2,500    AMEL    false    Stock    0.5311    USD    SMART    12:52:02        6.64        null

Daily profit: $230.83

Disclosure: Short 5,000 shares of BGBR. No positions in any other 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.

Trade recap for June 10th

Daily profit: $608.23

SLD    5,000    BGBR    false    Stock    0.3998    USD    SMART    09:35:34        10.00        null
SLD    5,000    BGBR    false    Stock    0.3700    USD    SMART    09:42:17        9.25        null
BOT    5,000    BGBR    false    Stock    0.3301    USD    SMART    09:43:23        8.25        null
+    BOT    2,500    BGBR    false    Stock    .311    USD    SMART    11:48:21        3.89        null
BOT    2,500    BGBR    false    Stock    0.3110    USD    ARCAEDGE    11:46:58        3.89        null

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.

Trade recap for June 9th: A good day for scalping

SLD    2,750    BGBR    false    Stock    0.3990    USD    SMART    09:50:55        5.49        null
BOT    2,750    BGBR    false    Stock    0.3500    USD    SMART    09:53:11        4.81        null
SLD    3,000    BGBR    false    Stock    0.4200    USD    SMART    11:22:35        6.30        null
SLD    2,000    BGBR    false    Stock    0.4200    USD    SMART    11:23:12        4.20        null
BOT    5,000    BGBR    false    Stock    0.3601    USD    SMART    15:13:54        9.00        null
09:32:45    CAEH    S    0.2199    10000    NITE
09:30:29    CAEH    B    0.2    1000    UBSS
09:30:29    CAEH    B    0.2    9000    UBSS

Daily profit: $589.45

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.

No honor among stock pumpers

I was a bit surprised when I received the following in an email from third-rate stock promoter Megastockpicks (although the email came from epicstockpicks.com) :

Megastockpicks.com is NOW… EpicStockPicks.com!

Hello All,

We would like to announce that Megastockpicks.com is NOW…Epicstockpicks.com! Due to issues with the name and owner, we have decided to change the name.

**Please disregard any future emails from MegaStockPicks or Megastockpicks.com.  The site will no longer be updated and soon be taken down.  If you do happen to receive an email, know that we are no longer running this site.

“Okay, that is odd,” I thought to myself. Why would they do that? Shortly thereafter I received another email, this time coming from megastockpicks.com.

Hello, MEGA subscribers
I want to thank you all for being loyal fans of MEGA Stock Picks, I also want to add that our picks are going to become better!
We will be offering more penny stocks of ALL kinds, not just OTC stocks that have a 50/50 chance of rising.
Some GREAT MEGA picks are coming your way!
Over the next few weeks you will all see why we are one newsletter you want to keep on receiving.
The other site claiming to be the old MegaStockPicks.com will EPICALLY fail!
Please also make sure your spam filters are set to receive our emails.
Please DISREGARD any emails from epicstockpicks.com as they no part have anything to do with megastockpicks.com, we are still here and will continue to bring you picks with MEGA gains.

This made things even more confusing. Yet clarity (of a sort) was coming in another email from EpicStockPicks (the purported new MegasStockpicks website):

EpicStockPicks/MegaStockPicks Dispute
Hello All,

I want to clear the air here as you have received both emails from us and Megastockpicks.com and many are confused.  We apologize in advance for the multiple emails.

A silent partner of ours who had not been active in the site decided to lock out our team from the website.  Because of this, we had decided to start EpicStockPicks.com.  All of the previous picks from megastockpicks.com came from our team’s extensive research and DD.

While he may still claim the website and logo’s which is our intellectual property, he no longer has function of the site since he does not have the capabilities of running it.

Well that sure clarifies the whole situation! I have no clue which pumper is lying (or maybe they both are lying: maybe one stole the other’s email list or hacked their website; or maybe neither is lying, although I doubt it). It does not matter. It is nice to see scummy stock promoters attacking each other rather than just helping their subscribers lose money for a change. This is yet another reason why you should never trust stock promoters. Always assume a stock promoter is lying!

Disclosure: No positions in any stocks mentioned and no connection to either website. 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.

Trade recap for June 8th

09:27:02    BTOW    B    0.2555    20000    ARCA
09:28:10    BTOW    B    0.2501    20000    ARCA
09:32:58    BTOW    S    0.2359    1000    NITE
09:33:00    BTOW    S    0.2359    10000    NITE
09:34:46    BTOW    S    0.21    5000    ARCA
09:34:46    BTOW    S    0.21    3000    ARCA
09:35:24    BTOW    S    0.209    21000    NITE
+    SLD    4,550    AMEL    false    Stock    .804    USD    SMART    09:31:32        18.29        null
+    SLD    840    AMEL    false    Stock    .799    USD    SMART    09:32:54        3.36        null
+    SLD    20,000    CABN    false    Stock    .112    USD    SMART    09:44:09        11.19        null
+    SLD    20,000    CABN    false    Stock    .123    USD    SMART    10:05:25        12.29        null
+    SLD    20,000    CABN    false    Stock    .122    USD    SMART    10:08:09        12.19        null
+    BOT    2,500    AMEL    false    Stock    .760    USD    ARCAEDGE    10:15:09        12.50        null
BOT    10,000    CABN    false    Stock    0.1141    USD    SMART    10:42:30        5.70        null
+    BOT    10,000    CABN    false    Stock    .110    USD    SMART    10:49:32        5.50        null
+    BOT    10,000    CABN    false    Stock    .105    USD    SMART    11:01:59        5.26        null
BOT    2,890    AMEL    false    Stock    0.6701    USD    SMART    11:33:50        9.68        null
+    BOT    10,000    CABN    false    Stock    .106    USD    SMART    12:19:16        5.30        null
SLD    810    AMEL    false    Stock    0.7498    USD    SMART    12:00:02        3.04        null
+    BOT    10,000    CABN    false    Stock    .100    USD    SMART    12:34:48        5.00        null
BOT    810    AMEL    false    Stock    0.7100    USD    SMART    12:36:22        2.88        null
+    BOT    10,000    CABN    false    Stock    .100    USD    SMART    12:36:56        5.00        null
SLD    1,170    CABN    false    Stock    0.0989    USD    SMART    12:46:49        1.00        null
BOT    1,170    CABN    false    Stock    0.0915    USD    SMART    13:41:20        1.00        null

Daily profit: ($290.71)

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.

Trade recap for June 7th

09:59:40    MOPN    B    0.2755    6519    NITE
09:57:31    MOPN    S    0.319    5000    NITE
09:57:13    MOPN    S    0.319    419    NITE
09:57:09    MOPN    S    0.319    1100    NITE
10:19:26    MOPN    S    0.25    10000    ETMM
09:44:43    MOPN    B    0.28    8900    NITE
09:43:59    MOPN    B    0.271    1100    NITE
+    SLD    10,000    MOPN    false    Stock    .255    USD    SMART    09:41:40        12.75        null
SLD    1,200    AMEL    false    Stock    0.8290    USD    SMART    09:45:35        4.97        null
BOT    10,000    MOPN    false    Stock    0.245    USD    SMART    10:28:20        12.25        null
+    BOT    1,200    AMEL    false    Stock    .765    USD    SMART    13:11:29        4.59        null

Daily profit: $100.67

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.