Comments on: Watchlist for October 15th: Long & strong http://www.reapertrades.com/2009/10/watchlist-for-october-15th-long-strong/ Reaping Profits by Trading Penny Stocks Tue, 20 Dec 2011 21:33:55 +0000 hourly 1 http://wordpress.org/?v=3.0 By: The Hawk http://www.reapertrades.com/2009/10/watchlist-for-october-15th-long-strong/comment-page-1/#comment-2093 The Hawk Thu, 15 Oct 2009 19:12:23 +0000 http://www.reapertrades.com/?p=853#comment-2093 Hey Guys, First comment here. I've been trading since about April. About two months ago, I noticed a trend from having examining Yahoo!'s % Gainers page everyday. A few times a week, there's a stock in the $2-$10 range that shoots way up, only to cool down by day's end. That led me to shorting. However, my broker, TradeKing, often doesn't have shares to borrow for these. I decided to search the internets for help and low and behold, I ran into the Timothy Sykes site and this one. I knew there had to be other people exploiting this phenomenon, and alas, here we are. I only have 60 something trades under my belt at this point, and once I hit 100, it's on to Interactive Brokers. For shorting, TradeKing has had about jack and an apology. Reaper, awesome site. Thank you for the tips and tutorials. I also want to thank you guys for RUBO today. While it was a small gain, I got in at 7.65 and out at 7.81. I'm happy with small, modest, consistent gains. That's especially why I appreciate this site and the like-minded folks here. If TradeKing had shares to borrow, I would have been in on LTON to short. I don't feel as though I'm in a position to make any recommendations on anything. But I will say this. The volatility and modicum of volume with AMIN has made me happy twice the last couple of months. Many seem to feel that it's underpriced so I feel safe as a long while enjoying periodic fluctuations, which I've gotten in and out of. The Hawk Hey Guys,

First comment here. I’ve been trading since about April. About two months ago, I noticed a trend from having examining Yahoo!’s % Gainers page everyday. A few times a week, there’s a stock in the $2-$10 range that shoots way up, only to cool down by day’s end. That led me to shorting. However, my broker, TradeKing, often doesn’t have shares to borrow for these.

I decided to search the internets for help and low and behold, I ran into the Timothy Sykes site and this one. I knew there had to be other people exploiting this phenomenon, and alas, here we are. I only have 60 something trades under my belt at this point, and once I hit 100, it’s on to Interactive Brokers. For shorting, TradeKing has had about jack and an apology.

Reaper, awesome site. Thank you for the tips and tutorials.

I also want to thank you guys for RUBO today. While it was a small gain, I got in at 7.65 and out at 7.81. I’m happy with small, modest, consistent gains. That’s especially why I appreciate this site and the like-minded folks here. If TradeKing had shares to borrow, I would have been in on LTON to short.

I don’t feel as though I’m in a position to make any recommendations on anything. But I will say this. The volatility and modicum of volume with AMIN has made me happy twice the last couple of months. Many seem to feel that it’s underpriced so I feel safe as a long while enjoying periodic fluctuations, which I’ve gotten in and out of.

The Hawk

]]> By: Preston http://www.reapertrades.com/2009/10/watchlist-for-october-15th-long-strong/comment-page-1/#comment-2092 Preston Thu, 15 Oct 2009 18:55:16 +0000 http://www.reapertrades.com/?p=853#comment-2092 ROYL breaking out ROYL breaking out

]]> By: Preston http://www.reapertrades.com/2009/10/watchlist-for-october-15th-long-strong/comment-page-1/#comment-2091 Preston Thu, 15 Oct 2009 18:49:37 +0000 http://www.reapertrades.com/?p=853#comment-2091 Tim, I don't think it's as easy as IB has it but it does work. I use the stock hacker, set my last from .25 to 15.00, use 30,000 min on the shares. Everything else is blank, I look for the differences between the previous days close and the bid ask of the current day, it's a little work but it's the only way I can do it. if it gets to huge I might up the volume some. I also set the show list to 250 per page. You can customize the headers to put the bid ask right next to yesterdays close so it's easier. When I see one running I then put it in that days watchlist for a long or a short if it acts right, at the end of the day I move it to short on red for the next day. Being new I don't play much but I am learning to set up better for when I am better at trading, if ever. Tim, I don’t think it’s as easy as IB has it but it does work.
I use the stock hacker, set my last from .25 to 15.00, use 30,000 min on the shares. Everything else is blank, I look for the differences between the previous days close and the bid ask of the current day, it’s a little work but it’s the only way I can do it. if it gets to huge I might up the volume some. I also set the show list to 250 per page. You can customize the headers to put the bid ask right next to yesterdays close so it’s easier.
When I see one running I then put it in that days watchlist for a long or a short if it acts right, at the end of the day I move it to short on red for the next day. Being new I don’t play much but I am learning to set up better for when I am better at trading, if ever.

]]> By: tbohen http://www.reapertrades.com/2009/10/watchlist-for-october-15th-long-strong/comment-page-1/#comment-2090 tbohen Thu, 15 Oct 2009 18:23:24 +0000 http://www.reapertrades.com/?p=853#comment-2090 Preston do you have a stock hacker screen you run or other method? I've dabbled with stock hacker with mediocre results. Thanks Preston do you have a stock hacker screen you run or other method? I’ve dabbled with stock hacker with mediocre results.

Thanks

]]> By: Preston http://www.reapertrades.com/2009/10/watchlist-for-october-15th-long-strong/comment-page-1/#comment-2089 Preston Thu, 15 Oct 2009 16:53:39 +0000 http://www.reapertrades.com/?p=853#comment-2089 Don, I look for pre-leaders in my ToS platform. I have used a similar strategy shorting these types of plays, the pattern has somewhat mutated though and I can't get a handle on it yet. Plus it's earnings season so you have to be careful of what is fake and real, momos make a big difference too and you have to know when it's investors or momos pushing it up. Don, I look for pre-leaders in my ToS platform.

I have used a similar strategy shorting these types of plays, the pattern has somewhat mutated though and I can’t get a handle on it yet. Plus it’s earnings season so you have to be careful of what is fake and real, momos make a big difference too and you have to know when it’s investors or momos pushing it up.

]]> By: Jamal Chahboune http://www.reapertrades.com/2009/10/watchlist-for-october-15th-long-strong/comment-page-1/#comment-2086 Jamal Chahboune Thu, 15 Oct 2009 14:58:05 +0000 http://www.reapertrades.com/?p=853#comment-2086 Hey guys, I know you all love to play pre-leaders as longs, but you should consider shorting them. The statistics show that fading a gap is a much more high probability trade than trading with the gap. Obviously you will sometimes get a ZOOM, SPDE etc. but the majority of the time the gap will get filled. I think this was the case yesterday with the stocks you were talking about as pre-leaders. Thanks. Hey guys,

I know you all love to play pre-leaders as longs, but you should consider shorting them. The statistics show that fading a gap is a much more high probability trade than trading with the gap. Obviously you will sometimes get a ZOOM, SPDE etc. but the majority of the time the gap will get filled. I think this was the case yesterday with the stocks you were talking about as pre-leaders. Thanks.

]]> By: Reaper http://www.reapertrades.com/2009/10/watchlist-for-october-15th-long-strong/comment-page-1/#comment-2085 Reaper Thu, 15 Oct 2009 13:19:58 +0000 http://www.reapertrades.com/?p=853#comment-2085 RUBO & SLTM also nice multi-day charts, up in pre. ACOR huge bounce, weird considering chart. RUBO & SLTM also nice multi-day charts, up in pre.

ACOR huge bounce, weird considering chart.

]]> By: Don_S http://www.reapertrades.com/2009/10/watchlist-for-october-15th-long-strong/comment-page-1/#comment-2084 Don_S Thu, 15 Oct 2009 13:05:55 +0000 http://www.reapertrades.com/?p=853#comment-2084 Preston - PLX - Wow! Great find. I'm putting some of that one in my IRA. Gaucher disease - that's a nasty one. But that chart looks great. How do you see pre-market leaders - IB? Preston – PLX – Wow! Great find.
I’m putting some of that one in my IRA. Gaucher disease – that’s a nasty one. But that chart looks great.

How do you see pre-market leaders – IB?

]]> By: Preston http://www.reapertrades.com/2009/10/watchlist-for-october-15th-long-strong/comment-page-1/#comment-2083 Preston Thu, 15 Oct 2009 12:08:18 +0000 http://www.reapertrades.com/?p=853#comment-2083 PLX - pre-market leader with news and no resistance. PLX – pre-market leader with news and no resistance.

]]> By: Preston http://www.reapertrades.com/2009/10/watchlist-for-october-15th-long-strong/comment-page-1/#comment-2082 Preston Thu, 15 Oct 2009 11:41:52 +0000 http://www.reapertrades.com/?p=853#comment-2082 TSEM has some news, but it has resistance around 1.30 it has to break to be a pre-market leader. TSEM has some news, but it has resistance around 1.30 it has to break to be a pre-market leader.

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