QE2 Penny Stock Watchlist 11.5.10
Ahhh. isn’t everybody just in a happy buying mood Thursday. Things must be all rosy again. Nice plays all around from us Thursday. I went 3 for 3 all shorts ( CCME AUMN SHZ ) in a 200+ market and picked up all most 1k. I’m of to a decent start this month and I’m looking to drop the hammer. I have nothing against buying I just don’t see any small caps I like and feel comfortable chasing. Still, some low priced wonders on this watchlist.
AMOK
In a two day rally as most stocks are. I like two plays here. Gap up and then short spikes or buy sell offs. I don’t think AMOK has enough juice to hit the 1.40’s but we will see on Friday
CCME
Was a monster short for me in chat from 19.88 to 19.20. and it still kept tanking. Although there was a lot of down trending there is still plenty more downside. Take your profits when you have them on CCME as the stock is notorious for quick spikes.
FNMA
Traded this last month and made out pretty good. Now it’s consolidated and making a move upwards. I’m not as excited about it as I was last month but you can make out good by playing the bounces. I can’t find short shares so I’m only bounce buying.
HDY
There was an awesome short late in the day on this and some in chat were quick to hit this. I love shorting these trashy companies on huge bounces. When you see the paint 2-3 huge green bars , stand by and short. Will look to capitalize on spikes
SKH
Nice little breakout stock. It’s a slow mover.
AUMN
Shorted this today. Unfortunately I didn’t catch the first drop or I would have gone more aggressive. I really think this heads towards $20 soon.