A Million Dollar Pennystocking Journey
Following my loss with $AMLH on the 5th, I got back into trading and ended up taking another loss, though I don’t consider this to be a mistake and my exit was in order to cut losses due to the of the market at the time of exit.
Here is the intraday chart for this play:
I entered this position following a Tim Alert which reinforced my conviction in the possible movement of this stock given that I … Continue Reading...
I won’t go over the details of $AMLH, as I covered this in Here in full depth.
Here’s a quick review of the rest:
I have been watching $AMLH since the promotion started, unfortunately the stock didn’t behave as I expected and I ended up taking a $179 Loss.
Here is the intraday for this play:
And here is the 1-Day chart for the stock
The stock promotion led by Elite Penny Stocks started on the 20th of January after a big announcement the week before that they would release their next pick (Illustrated by the orange arrow on the daily chart). … Continue Reading...
What a rushing day the 4th has been. Contrary to what I was expecting, $AMLH didn’t start tanking and the promotion did not end yesterday; in fact, promotional emails were strategically sent out twice to pump this stock. There’s a Seeking Alpha article explaining in detail how bad it is. I was about $70 down most of the day and late in the afternoon, our dear promoters could be seen on the L2 artificially … Continue Reading...
After a full dry month, I finally entered a trade on $AMLH. This stock is a paid promo by StockTips, a group of promoters that manages to give some traction to their promoted stocks; we are now around the end of the 2nd week of the promo, which is usually they push these worthless stocks. This is a currently open position that I am holding over night and possibly for the next couple of days depending … Continue Reading...
Having been out of trading for the last couple of weeks dur to some relatives vising, I’m getting right back to it. This additional 2 week break has given me the chance to catch up with watching the DVDs, more specifically, I just finished Pennystocking Framework. Very good conference DVD; I most enjoyed LX21 presentation, who does a great job at explaining the mindset required for this type of trading and how to become successful.
Over the month of … Continue Reading...
Over the last week, I have learned some important lessons: I’ve realized that I had not been using the tools at my disposal to efficiently in order to unleash their full potential and improve my trading process.
This realization came upon me as I received a delayed breakout alert on $SMSI as an earnings winner this week by Timothy Sykes. He had just mentioned that he saw it on his earnings up 5% scanner, a feature also available to me … Continue Reading...
This week has been quite uneventful for me to say the least; due to engagements, I ended up not trading on Friday or preparing a watchlist for that matter. Here are the watchlists I established this week:
This week ended up having some interesting plays, but nothing quite significant. I did however miss a couple of opportunities by setting myself in a tunnel vision state preventing me to … Continue Reading...
Yesterday’s watchlist was a complete miss: none of my picks actually did anything. Worth noting that $SMSI had earnings news and spiked about 40% through the day, which I completely missed. Also a worthy mention for $BBRY which had news of Samsung possibliy aquiring the company shares at a $13.5+ per share, this drove the price from the mid-$9s all the way to $13 within minutes; I also missed that one – the price has now … Continue Reading...
I finally managed to get my list ready for today; I have to admit, that half my picks (not included in this list) are from Sykes daily watchlist, though I don’t think I would have picked them anyways, but I’ll keep watch anyways.
$NXTD – ★★ – Great product reviews after the CES show, lots of demand for their product, big spike yesterday, may be able to run some more or become a good dip buy. – ATR: … Continue Reading...