Trades Recap for 11/13/2009 Posted by shawn | at 3:31 PM

Well looks like pennystock prophet's run has possibly ended or is ineffective for the time being.  The last few picks haven't been running up that much or at all to warrant any attention.  I'll continue to monitor his picks which are free by the way, no need to sign up his 97$ subscritpion.  He provides his picks on twitter here as soon as the market opens at 9:30AM. I recommend twitter streaming service like stocktwits

On with the recap, NASDAQ:NLST was uptrending since monday. Take a look at the 5 day chart.  Volume really started to pour in since thursday.  I scalped 10, 20 cent blocks thursday and friday.

OTCBB:IMGG had a huge sell off mid-afternoon losing 0.50 cents looking at the 1 day chart below.  This is a great opportunity for bounce plays and I caught the bottom as soon as I got the green candle.  It went up in choppy fashion and I wanted to sell into strength as you should always do with OTCBB stocks.  Scalped easy 15 cents.