Penny Stock Watchlist 8.13.10

Ooooooooow It’s Friday the 13th. Scary good watchlist. Video is of AAU Text is ICOP HSWI BOOM LQMT ICOP

Ooooooooow It’s Friday the 13th. Scary good watchlist. Video is of AAU Text is ICOP HSWI BOOM LQMT

ICOP

Featured in this mornings watchlist. You can view the video here. http://thelincolnlist.com/?p=791 As good as it was I flubbed this thing up big time and still banked. I was so worried that this thing was going to tank without me I jumped in immediatly at 2.80. For a detailed review watch my trade recap video here. Anyway I took my profit of +1.4k and said I would reshort on the next spike. Problem was there wasn’t a spike as this poor souless stock slowly demised all day. Maybe another short opportunity but doubt it will be near as good as today.

HSWI

I overly stated the fact that this was a premo short. Documented in Wednesdays watchlist. http://thelincolnlist.com/?p=774 I was able to find shares but only 500 but it was good for .71c. I do hope that more people are taking advantage of this heap other than the 12 people that sent me emails. This is a slam dunk. I do understand that when you have sexier stocks like ICOP it’s tough. Still more downside left. If this thing cracks the 5.40’s it’s lights out for this.

BOOM

Here comes the BOOM. vicious spike off of supposed buyout talks and a buy recomendation from the fools who follow Motley Fool. I could care less at this poitnt what the news is just look at the daily chart and tell me what you see. Don’t get me wrong when people write up these fluffy stock recomendations with charts and pie graphs it turns some investors on. This stock could run for a day but thats tops in my opinion. Looking to short this on any signs of weakness preferably after a spike

LQMT

Yet another stock featured on my watchlist. http://thelincolnlist.com/?p=791 this stock is totally juiced. All my instincts tell meto short this thing but it just keeps going up. I was wrong to pass up on the few long opportunites today even if the stock is seriously over bought I could have played a smaller position. If there is strength on Friday I will take a small long as a daytrade. However in the back of my mind I’m thinking short but so far shorts are seriously bismirched.

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