0 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.

0 Trades Recap for 11/02/2009 Posted by shawn | at 1:29 PM

AMEX:NVD was today's Pennystock Prophet's pick.  You have to be really quick to pull this trade off.  I have auto-send triggered with active trader on ThinkorSwim platform and makes executing trades quick.  As you can see, I got out of the trade right at top when It was getting toppy.

BUY +10,000 NVD @.26 LMT
SELL -10,000 NVD @.32 LMT

NASDAQ:YRCW was halted pending news at 9.30AM.  As soon it opened at 10AM the stock fell hard from 3.50 to below 2.  I tried to catch the bottom for bounce play.  This is always a risky trade but results can be nice.  Quick 0.22 cents scalp.

BUY +5,000 NVD @1.78 LMT

SELL -5,000 NVD @2.00 LMT

0 Trades Recap for 10/29/2009 Posted by shawn | at 1:55 PM

OTC:GETA had some bad news this morning and saw a whopping drop from 0.60 to 0.17 and started basing around 0.10ish.  The drop is too big and without a doubt I knew it was going to rebound.  Bought at 0.12 and held for a crazy ride.  Sold at 0.25 at the first red candle.  After that I was done for the day :)

OTC:TNUS saw unusal heavy volume and bought at the open to see what it does.  No disappointment here.  Bought 0.64 and sold 0.79 when I saw volume dying down.

0 Trades Recap for 10/28/2009 Posted by shawn | at 1:30 PM

Three successful trades all executed during the open.  First up,

OTC:SUNV was alerted by investorsunderground chat.  Saw lot of volume and bought at 0.1475 sold 0.16 because it looked like it was topping.  I always sell quickly and it has faired well so far.

AMEX:TCX was alerted by pennystock prophet(PSP).  Bought at 0.53 and sold at 0.61 as soon as I saw volume was dying down and getting toppy.

OTC:LFBG was tipped off from twitter of having possible news.  Bought at 0.0223 and sold 0.03 20k shares.  Lots of volume came in after I bought and pushed it higher.  It looks like I sold at the top on this one.

0 Trades Recap for 10/26/2009 Posted by shawn | at 6:25 PM

Two trade alerts and both were pump and dumps.  First one was alerted by stockpreacher, NASDAQ:OOIL.  Caught it at the open and quick scalp of 6 cents, not much but with the stockpreacher trades I'm always trading like a scared castrated choir boy as Tim says HA!

Second play was NASDAQ:LBIX which was alerted by PSP ( Penny stock prophet), caught this early at 0.62 and sold 0.73 when it started to show weakness.  Looking at the chart looks like I caught the top..phew, lucky!

0 Trades Recap for 10/23/2009 Posted by shawn | at 9:13 PM

Just two trades today:

NYSE:GBE was a pre-leader long and bought few to see what it does. The action didn't happen till noon when there was news (Grubb & Ellis Company Announces $90 Million Preferred Equity Transaction) I'm holding this position over the weekend.

NASDAQ:ICOP was a penny stock prophet pick.  The alert came at 9:30 and grabbed shares at 0.72 and sold mid-morning at 0.85.