Watchlist for 10/27/2009 « Reaper Trades

Watchlist for 10/27/2009

Either there is nothing ideal out there or I’m just in a funk, but I am not excited by many stocks heading into tomorrow. Yeah, there’s stuff on the move like YRCW, but nothing with a clean chart that would be easy enough for me to make money on.

HDUP did today what most stocks pumped prior to the market open do; it gapped and crapped. Pennystockchaser sucks, they just got lucky last week with MEVT and AWSL and AVOE.

NYER sold a subsidiary for cash and I think is liquidating. I wouldn’t short it.

ALIF has a nice breakout but I don’t play OTC BB stocks unless they are pump & dumps.

SKTO is a pump & dump that started to dump, so ALFSS! I do prefer p&d stocks with longer track records, though.

Disclosure: No positions in any stocks 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.

This entry was posted on October 26, 2009, 9:05 pm and is filed under Watch List. You can follow any responses to this entry through RSS 2.0. Both comments and pings are currently closed.

37 Comments

#1 by Reaper on October 26, 2009 - 9:10 pm

If you like playing higher-priced stocks, BIDU going to be nice tomorrow; down 13% after-hours.
#2 by Preston on October 27, 2009 - 8:17 am

MVIS, LDK, JADE, HTZ, FLEX pre-market so far.
#3 by Preston on October 27, 2009 - 8:40 am

SVA is breaking out again, last time it broke out it ran very good.
#4 by Reaper on October 27, 2009 - 8:51 am

CLWT FTWR PURE PODD HLCS I see up in pre 9%+.
#5 by Preston on October 27, 2009 - 9:24 am

I’m learning real quick that earnings plays are very hard to dissect, by the time we get the info it’s to late. Only case being if you spot one the momos have got behind and you ride it out with them, of course you have to be quicker than them.
#6 by Reaper on October 27, 2009 - 9:39 am

shorted 1k SKTO @ .90247
- #7 by Reaper on October 27, 2009 - 9:42 am
  
  SKTO quarterly report here: http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=25147
  
  Funny stuff. They have $248 in the bank. Only a $25m mkt cap though.
#8 by Hezakiah on October 27, 2009 - 9:55 am

Damn, when I read this I thought you had taken the 1,000 shares I was attempting to short… but looks like my order got filled as well @ 0.91. Guess IB had some extra…

Hopefully they use no more than that $248 to try and re-pump the stock!
#9 by Preston on October 27, 2009 - 9:56 am

EVVV could break resistance
- #10 by Reaper on October 27, 2009 - 12:42 pm
  
  Nice find on EVVV Preston. Too bad I messed the trade up!
#11 by Alex-Argentina on October 27, 2009 - 10:43 am

CTDC hitting new 52w
#12 by Hezakiah on October 27, 2009 - 11:38 am

Covered @ 0.66
#13 by fisteduc on October 27, 2009 - 12:20 pm

To late on SKTO
#14 by fisteduc on October 27, 2009 - 12:23 pm

NTXH is sky high….this can potentialy be the mother of all shorts
- #15 by Reaper on October 27, 2009 - 12:41 pm
  
  look up chart of MNCS from a few years ago … this could go a lot further and it is likely to be unpredictable when it falls.
  
  BTW, covered SKTO @ .84 right before the big drop … oops.
#16 by Preston on October 27, 2009 - 1:07 pm

huh, don’t feel to bad about EVVV, I messed up a good short after it broke the HOD.
1st mistake was not riding it up, second was getting out to early on the short. -180 on 500 shares.
I had a meeting to go to so I had outside interferences, but that’s still no excuse as it was a great setup, with shares to short which is hard for me to find with AMTD sometimes.
#17 by Preston on October 27, 2009 - 1:08 pm

oh yeah, nice catch on SKTO too!!!
#18 by trivto57 on October 27, 2009 - 1:26 pm

Anyone have have any perspective on how often ToS has borrowed shares that IB does not?

I am thinking about making a small deposit on ToS, both to hedge myself when I am getting in early on an issue that is hard to borrow on IB and to get short shares of issues that IB doesn’t have.
- #19 by Reaper on October 27, 2009 - 1:28 pm
  
  IB usually has better borrows. Only maybe 5 times a month does TOS have a borrow when IB doesn’t IMHO
#20 by fisteduc on October 27, 2009 - 1:32 pm

QTM ? Long?
- #21 by Reaper on October 27, 2009 - 1:36 pm
  
  Could you find a less interesting stock? Seriously? Tiny ADR.
#22 by fisteduc on October 27, 2009 - 1:47 pm

NXTH has just collapsed
#23 by fisteduc on October 27, 2009 - 1:56 pm

Type your comment here
#24 by tbohen on October 27, 2009 - 2:35 pm

” or I’m just in a funk,”

Perhaps you would have more funkiness if you did more fucking autotuned trade recaps!!!!
#25 by Tastylunch on October 27, 2009 - 2:42 pm

Type your comment here

Preston :

I’m learning real quick that earnings plays are very hard to dissect, by the time we get the info it’s to late. Only case being if you spot one the momos have got behind and you ride it out with them, of course you have to be quicker than them.

That’s exactly right imo Preston.

I’d avoid earnings plays unless you try to swing trade with the trend ( playing off the PEAD effect basically).

Wall streeters have access to the earnings before you and I do. They theoretically shouldn’t but they do. It’s always been that way as long as I can remember. No advantage for us there.
#26 by stkonlinetrader on October 27, 2009 - 2:50 pm

nxth down 45%…classic classic…
#27 by Victor on October 27, 2009 - 3:16 pm

how did you know to sell short at .9 when SKTO was about to be dumped?
- #28 by Reaper on October 27, 2009 - 3:31 pm
  
  Magic.
  
  Or because yesterday was its first down day, which indicated the pump had turned to dump.
#29 by Preston on October 27, 2009 - 3:38 pm

TKO FFS
- #30 by Reaper on October 27, 2009 - 4:48 pm
  
  why are you calling that a FFS? It didn’t spike much that I saw.
#31 by Preston on October 27, 2009 - 3:41 pm

Fat finger short, sorry I was trying to be fast.
#32 by Preston on October 27, 2009 - 3:44 pm

In any case there are some huge buy and sell orders coming across on that ticker.
#33 by Victor on October 27, 2009 - 3:48 pm

You mentioned that PSC recieved 550,000 shares to pump HDUP… just wondering how you know that number just cause that means they will have to dump a total of 550,000 shares.
- #34 by Reaper on October 27, 2009 - 4:49 pm
  
  it was in the small print disclaimer on their email.
#35 by Preston on October 27, 2009 - 3:59 pm

PURE, PCX, FCF, KOG, KGN
Potential breakout candidates for tomorrow.
- #36 by Reaper on October 27, 2009 - 4:50 pm
  
  bleh. Either choppy or they’re oil firms or both.
#37 by tbohen on October 27, 2009 - 4:50 pm

I knew I should have held onto PURE! Preston your making me second guess unloading it!

http://www.kabam.com/?p=2933

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