Swing trading is _extremely_ risky and
you could lose your money, very fast.

FTUSQ, formerly FTUS, is an example. This
is a company which I did not identify at
first to protect readers. They filed for
Chapter 11 protection as I initially wrote
they might do. Prices fell fifty-percent
in one day.

That company represents how risky is
swing trading. Half of your money gone
as quick as snapping your fingers.

Here are two candidates for swing trading
based on Friday news releases, some before
the closing bell, a number after closing.

IPLI

PGLD

IPLI is about to crash because three law
firms have filed class actions suits against
them for what appears to be securities fraud.

PGLD is about to deregister and is in the
middle of a shareholder revolt. I suspect
PGLD might be engaging in securities fraud
but I have no proof of this; just some hints
which suggest this. No proof, nothing certain,
just an opinion based on a quick glance.

I am NOT suggesting you buy these stocks.
Not a chance I would touch those two for
a very long time; too risky.

Neither have been researched by me as of
this writing but I intend to do so, later
today or tonight. My results will be made
available here, as usual.

Swing trading is very simple but extremely
risky. Most investors lose money. Very few
ever profit. This is a simple strategy of
knowing investors will panic sell driving
prices extremely low. Later, when panic
selling is finished, swing traders will
jump on this and drive prices back up.
Some investors will also "perceive" a
value higher than panic selling set and
will buy helping to move prices up.

Trick is to project, with confidence, what
is the lowest price and what is the highest
rebound price, without being caught up in
a sudden downward death spiral, as so many
did with FTUS; lots of money lost on that
one, and all were swing traders.

IPLI, this one could drop from its current
14.00 (fourteen) per share price down to
possibly six to eight dollars, then make
a rebound to ten. It would be of no surprise
to watch IPLI fall to fifty cents per share.

PGLD, a little harder to predict but a lot
of negative news came out Friday. Possibly,
this one could drop well below a dollar
a share, then rebound up to 1.50 per share.

You, the reader, might have some fun doing
some "paper trading" in those. This is to
not actually buy but pretend you did, then
watch what happens. This will help you to
hone your swing trading skills, with no
risk at all.

A reminder. I am NOT suggesting you buy
these stocks and strongly, very strongly
urge you to NOT consider buying these
stocks. Do NOT buy. Simple watch, wait,
predict, paper trade and learn.

Perhaps later these stocks will move into
a buy range for swing trading. I am inclined
to not touch those two at any price.

Incidently, both of those stocks are sure
"shorters" delight. Maker Makers will also
be driving prices down, very fast.

Swing trading and shorting; a married couple.

Over the past six to eight months, I have
found only one stock worthy of swing trading
with some safety. This is VTSI stock which
has some unusual circumstances pointed out
in my recent article on VTSI stock.

Do NOT buy IPLI stock.

Do NOT buy PGLD stock.

Watch and learn. Paper trade and learn.
Do NOT place your money at such high risk.

Purl Gurl

I had myself banned from posting in a
programming group few years back because
of using a moniker, "Green Slave Girl."

That's take off on a favorite Star Trek
installment and Captain Kirk.

Lots of events took place subsequent,
rather comical, but eventually those
programmers realized I am in the top
ten percent of skilled Perl programmers,
mostly because I am good with language
and convinced them I am talented, which
I am not.

Not sure I will become accustomed to
being addressed as "Queen" although
I have a history of using that title
at various internet sites, always in
a comical manner.

I worry some might buy stock simply as
a result of reading an article. This
is why I place so much importance on
my "...do NOT buy...." statements.

Mentioned to Bob Frey a number of times
I worry about causing investors to lose
money because of my articles.

Pretty sure he turned All Stocks upside
down just to tease me.

Those two stocks, now down below, perhaps
in the near future might be swing trades.
Really risky right now and always will be.

Purl Gurl

PGLD is now old history. Watch for a new
listing on the pink sheets.

IPLI - Despite three class action suits
against IPLI, their stock gained .15 per
share today on low volume. Go figure.

Remember, I am NOT suggesting you buy.

Do NOT buy those stocks.