Penny Stock watchlist for 7.29.10. Video is of HSWI and DSTI
I wouldn’t keep bringing this up if it wasn’t such a great opportunity. I shorted this at 19.87. If you follow me on twitter. http://twitter.com/thelincolnlist You should have been able to get in on the alert. My patience got the best of me as I got tired of waiting for it to crack and covered at 19.58. I apologize for not catching the perfect re entry in the 19.70’s as CRUS tanked all the way to 19.10. Left some $$ on the table but some of my followers banked heavy. Hopefully you were one of them.
As documented in yesterdays watchlist here http://thelincolnlist.com/?p=585 this company reeks of stench. There were people blasting me in the Yahoo Message Boards. People were asking “Why is this tanking”. I don’t know maybe it’s because the stock is down 200% since April. I tried to short but my broker had no shares so there is a few lucky shorts out there today. Congrats. No play now
CAR
I have shorted this stock on several occasions until it finally went up, albeit slowly. Now there is news that CAR has a plus 1 billion dollar offer on the table for Thrifty. Not sure were they will get the money for this but I feel there will be a short opportunity in this name
Another over inflated pharma company. Failure today in the 4.40’s. I didn’t jump in on this because is very illiquid. Most likley will see more downside tomorrow. As long as it doesn’t tank first thing in the morning a short may be possible