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» Allstocks.com's Bulletin Board » Swing Traders » What I am watching as Swing Trades 2 (Page 66)

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Author Topic: What I am watching as Swing Trades 2
R1 Man
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BEST...when it hits 2 bucks...I'm gonna short it.
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glenngsxr
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I have been trading DBLE a couple times lately. Seems to be pretty predictable. At the high of it's range right now so DONT BUY. Look to get in around $3.80 or so and get out around $5.

--------------------
wide open until you see god, then brake!

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TraderJones
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Pretty low volume on BEST. I'd wait till they plumit to $1.30-$1.40.
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TraderJones
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R1-short is probably the way to go overall.
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R1 Man
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Can't short BEST. Non-Marginable stocks are unshortable. [Frown]
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R1 Man
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Look at you go TJ...say its gonna drop and immediately it drops from $1.80 to $1.75. (Thinking TJ is the new MM)
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TraderJones
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HAHA Yeah right!! You can say that as soon as I'm litterally sitting on bean-bag chair filled with money!!
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R1 Man
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Dang...was gonna short SPDE at $8.05...got distracted and now its down 50 cents.
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R1 Man
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quote:
Originally posted by TraderJones:
HAHA Yeah right!! You can say that as soon as I'm litterally sitting on bean-bag chair filled with money!!

I can make you one...just help me make $10,000 and I'll make you a big one filled with dollar bills. Make me $100,000 and I'll fill it with 10 dollar bills....but for now...you can have monopoly money mixed with MONEY/BUSINESS section of the paper.

This is a lame day so far.

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TraderJones
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I help you, you help me, we ALL help eachother! Like you said, If we all stick together, and knowing that all of us have something to contribute, we ALL WIN!!
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R1 Man
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Ok...SPDE is the day trader today...glad I didn't short it. But watch it. We can make a grand or more on it.

Wow...someone did read that post about working together. [Big Grin]

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TraderJones
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I know all, I read all. You may now bow down my son. [Big Grin]
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TraderJones
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SPDE's numbers are all over the place. Hard to know what they're going to do yet.
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TraderJones
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SPDE-In my opinion this not a lot different than ENCO that you and I got into. 8 bucks might look like a good place to get in, BUT anymore when I see these companies pop out of nowhere, that I've never seen before, It seems like there's nowhere but down for them. In other words it's today or nothing. I'm going to wait as long as I can on it. I'm going to watch them drop and drop and drop again before I'd buy them. That's my therory anyway. Take it for what it is.
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TraderJones
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for example: look at BEST
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R1 Man
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Another email to my father.


----- Original Message -----
From: CrazyPennyStocks
To: ****
Sent: Thursday, September 17, 2009 12:26 AM
Subject: What is going on with GVBP


Hi All,

Rough ride today... Before GVBP started retracting it was up to 1.18 almost 50% on the day, and then all of a sudden it dropped. Why? I was wondering the same, and I was finally able to find the answer.

There was a trade reporting issue with the Nasdaq system, you can system check status:( http://www.nasdaqtrader.com/Trader.aspx?id=MarketSystemStatus ).

During this almost 2 hour ordeal, short-sellers figured that everyone was 'blind' and in the dark for a bit so t hey took the 'opportunity' to smash down the company andv make big profits at everyone else's expense.

Well let me tell you something, I don't think it's going to be so easy for them to screw everyone over if we have a say in this.

********** just released a report showing that once GVBP hits 0.66 again it will run to 0.76 and run again to new highs as short-sellers cover their short positions, currently at least 20,000,000 shares.

Previously, short-squeeze triggers have been so efficient that some companies jumped up 1000% within a few days.

Short sellers artificially deflate the value by flooding the market with sell-orders of shares they do not own. Their goal is to cause havoc. The more everyone sells as they panic, the more they make money. You can read all about how shortselling works on http://www.investopedia.com/university/shortselling/


GVBP is still rated a BUY with target price of $1.12 by Grass Root Research analysts



GVBP released massive news about a collaboration with world renowned BeckPharma
GVBP also signed an agreement with PacificWave Partners to raise a minimum of USD5M for the company and to look for potential big buyouts or acquisition targets.
GVBP is also in advanced negotiations with Theraglass Ltd to acquire a number of their patents.

GVBP has been on a bull run for the past few weeks, and would it not be from the unfortunate events of earlier and short-sellers trying to capitalize on that it would have likely remained at 1.18 and above, but I believe that once they start covering their positionsit could go for an immense breakout

Thanks for following
Your CrazyPennyStocks Editor.






This message was sent from CrazyPennyStocks to**** It was sent from: unreal stocks, 871 Coronado Center Driver Suite 205, Las Vegas, NV 89052. You can modify/update your subscription via the link below. Email Marketing by




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TraderJones
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Interesting post R1, We'll have to keep an eye on it.
And, PS, Don't take whatever I say as: "Look at me and my infinate knowledge", like I said, untill I'm sitting on a bean-bag chair filled with money, I still don't know what I'm doing yet. [Smile]

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TraderJones
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In LCC at $4.90.
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TraderJones
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not sure if it's going to take off or now with UAUA droping. hhmmmmmm
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TraderJones
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I will say one thing, SPDE sure doesn't want to move very far away from 8 bucks. Makes me go hhhmmmmmm.
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R1 Man
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CHCI....Hey...I can short it. I think I will. Just jumped a few minutes ago.
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R1 Man
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Selling 3,500 shares short at $1.08...got a partial fill.
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R1 Man
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SOLD SHORT at $1.08. Hope this thing TANKS!! Gonna cover soon...looking for under a buck.
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R1 Man
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quote:
Originally posted by R1 Man:
SOLD SHORT at $1.08. Hope this thing TANKS!! Gonna cover soon...looking for under a buck.

Hope this isn't a bad case of SLEEP DADDY TRADER. [Wink] I believe I'm good on it. Should make $450 on it. So why did it go up....well, they decided to make more free CASH FLOW. How....pay less on their DEBT (Interest only scam)
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TraderJones
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It sure seems like it should R1. TANK AWAY!!
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R1 Man
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Hey...got to trade something today. Haven't been a "DAY TRADER" for many weeks/months...???

I ended up with $380 off GVBP. Sure sucks when it was showing $9,061 when I was trying to dump it at MARKET!!

My cover is set for $0.95. Could raise or lower...have to see.

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TraderJones
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I'm kind of thinking of keeping LCC till tomorow. I feel like it could hit $5.50 or so, any thoughts R1? Anyone??
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R1 Man
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quote:
Originally posted by TraderJones:
I'm kind of thinking of keeping LCC till tomorow. I feel like it could hit $5.50 or so, any thoughts R1? Anyone??

Well, remember what I said about trading a WHILE back. Sell your cost and keep the free shares. But its up a ton today so a pull back can come at anytime. However...think. Airlines are tricky business. They went down when gas went up the past few years. They go up when the market goes up. So the problem: Market goes down...gas goes down....so does Airlines go up, down or flatline?
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sju1973
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That chart looks scary to me TJ. I would squeeze what you can out of it today and get out. Just my opinion. But as we all know, with this market you can never tell for sure.
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TraderJones
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Well THANKS R1...You made me think really fast on my feet there. SOLD at $5.16!! Made just over $625!! I'm not quite sure where it's going right now, so I played it safe and got them at a peak.
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TraderJones
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Thanks SJU also!!
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R1 Man
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Hey....make sure you say CHCI looks like its gonna TANK!!! Today...everything you say comes true. So wait...say it goes to a penny.
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TraderJones
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OK here ya go...THAT BIAAAATCH IS GONNA TANK!! I could see it at .90 tomorow. Oh sorry I mean .01 [Big Grin] [Good Luck]
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TraderJones
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Alright, I'm outta here till tomorow. See y'all!
Good luck everyone!!

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R1 Man
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Dang....took a shower and now its at $1.27. [BadOne]

Now what to do???? Screw it...cover at $1.04 and go to work...hope it fills.

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