13th_floor 724 posts msg #58554 - Ignore 13th_floor |
12/27/2007 8:41:50 AM
Zub,
All I know is I was told by a friend it could be done,so I tried it and have so far tried to short 15 under $5's and have gotten fills on 13 of them.
Look at CNOA, running on hype for 2 weeks till it went red just on 12/12, shorted it as it fell below $4, now it sits at $2.10.
These are the kind I just wait for.
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johnpaulca 12,036 posts msg #58555 - Ignore johnpaulca |
12/27/2007 10:00:38 AM
AGU...short@$76
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johnpaulca 12,036 posts msg #58556 - Ignore johnpaulca |
12/27/2007 10:27:58 AM
stopped out at 74.25....made a nice profit.
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EWZuber 1,373 posts msg #58559 - Ignore EWZuber |
12/27/2007 11:56:01 AM
13th_floor, no kidding. A lot of these sub $5 stocks consistently lose money and so do little more than rise to test resistance and drop again.
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johnpaulca 12,036 posts msg #58562 - Ignore johnpaulca modified |
12/27/2007 12:18:32 PM
DRYS, EXM, SCON...taking up swing positions
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13th_floor 724 posts msg #58563 - Ignore 13th_floor |
12/27/2007 2:50:33 PM
"13th_floor, no kidding. A lot of these sub $5 stocks consistently lose money and so do little more than rise to test resistance and drop again."
Zub,Truer words have never been spoken!
After 3 big white candles ICOG goes red from green today and plenty of short shares available
Symbol: ICOG
Availability: 950'000
Exchanges: ARCA, BATS, BTRADE, CHX, DARK1, DBALGO, DRCTEDGE, EDGEA, IDEAL, ISE, ISLAND, LAVA, NASDAQ, NASDAQQ, NITEECN, NSX, PHLX, TMBR, TRACKECN, MIBSX, IBSX
In on the $ 4 break
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EWZuber 1,373 posts msg #58564 - Ignore EWZuber |
12/27/2007 3:06:41 PM
A thing of beauty.
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13th_floor 724 posts msg #58565 - Ignore 13th_floor |
12/27/2007 3:38:36 PM
ICOG sinking fast at lod now 3.26, got a mental stop to cover if goes back to 3.40
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EWZuber 1,373 posts msg #58569 - Ignore EWZuber modified |
12/27/2007 4:22:22 PM
Nice trade!
Looking at the buying volume previous to the drop and comparing it to the sell volume during the drop it looks like there are still a lot of bag holders.
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mb504 29 posts msg #58571 - Ignore mb504 |
12/28/2007 12:18:24 AM
>>> SII = Energy
Long 12/18 @ 67.13
Out 12/26 @ 74.48
Using the EMA(13) and EMA(34) crossing averages..
When EMA Averages cross, wait till the price returns and bounces off of the the EMA 13 or 34 before taking the trade.. Works on any chart...
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