Saturday, May 24, 2008

ONLY IF YOU LOVE THE UNDER $10 STOCKS

As I do,you may find this "T.V." show called LiveStock pretty informative.
Over on the left on TimSykes site ( yeah I know he's controversial,some love him ,some hate him,me I couldn't care less about his personality, although I do like him,he's even asked me to be a guest poster over on his site,it's where I find a whole bunch of info on "pennystocking" and the stocks that are "in play" at the moment ).

The link to his latest show is here:
http://www.mogulus.com/livestock

Interestingly he talked some about how companies will change their names to try to get a rise in share price and I had done some dd last night on CHTL to see what deal was on this going from 7k shares on Thursday to 365k yesterday.
Turns out they changed their name from Mortlock Ventures Inc. symbol MLVI to China Tel Group Inc.
Hmmmm, boring Mortlock to a Hot sector name , china telecommunication,nifty move!
Looking at the MLVI chart it looks as if this was manipulated by either/or spam email,fax, paid promoter pump or by "fluff" news.
17 green candles out of 19,all on a gradual rise,probably all green days the manipulators bought near the close just enough so it closed higher than the day before.
The tipoff here is there are very few top shadows on the candles during this run meaning the stock closed at or very near their high of day's.
Anyway let's see what they can do with their "new" name:)

I also checked out UNCL seeing that the volume went from 44k Thursday to 2.5 million Friday!
Only news I could find was a seemingly fluff PR a few days ago and found it's in the business of student loans.
Kinda a shaky business it seems now with all the loan defaults.
IB has about 100,000 shares available to short.
I'll be in line.
Disclaimer,if it starts to run Tues I'll be on that train by going long first, then will try a short later when it does eventually turn red.
The volume Friday says it should be an "in play" stock.

Speaking of "pumps" KYUS, from what I hear a no business company,that's paying for pump is not coming down ( yet ).
It just keeps going and going and going with surging volume coming in now with 4.5 million shares traded on a long weekend Friady!

Edited 6:00 pm 5/24/08
Ok, I love digging into pump and dumps, so I'm over on silicon investor HERE reading this about a company that was named K-9 concepts ticker symbol KNIE that merged/changed their name to Aussie Soles ticker AUSE.
So later I go to my p.o. box to get my mail and guess what's in it.
A 15 page report from UntappedWealth stock newsletter that says these Aussie Soles shoes will be bigger than Crocs that jumped 800% in share price in just 19 months!
No thanks but I will play the pump and dump game with AUSE
You gotta read the link above from SI, it's hilarious, vitamin C showerheads anyone? LOL

Thursday, May 22, 2008

HI EVERYONE - SINO,CHECK IT OUT!

Thanks Laura and Muddy for allowing me to be a guest poster.
I've known Muddy for for quite sometime and have learned well from him.
I've been in the chatroom for about 3 weeks now and I love it!
I'm trying to put up Muddy-like watches in there and really enjoy it.
We had a huge runner yesterday right at the open with SSN from 4.45 to hod at 7.84,closing at 6.51
Myself I also like to short these high flyers when they turn red ala SSN PDO MXC FPP today and MESA SSBX GETG from the past.
So I also try to alert ones like this ( SYNM today also fell hard fast ) in addition to alerting the ones on the long side.
The last 2 days we've had up to 20 folks in the chat up from about 10-12 last week.
So it looks like we are picking up.
Come join us if you have the time.

Today I alerted this 25 minutes before the open and it turned out to be a MONSTER!
I actually got the heads up on this early this morning from Muddy who got it from a friend over at Wealth University ( the WU link is over on the right on this blog,they have turned $2,000 into,not sure of the exact figure but very close, $95,000 since starting in October )

(May 22-09:05) 13th_FLOOR: watching chinese shipper ipo SINO,really low float

SINO ran hard all day closing at 21.45 from an open of 14.71 with almost 2 million shares traded!

This one wasn't too shabby either:

(May 22-09:06) Laura: GBR mentioned yesteday looks to gap big

I mentioned it yesterday at 8,it ran to 11 from there but backed down big back to close at 8.
Today was a different story ,it held almost all its gains , closing at 12.75 for a 59% gain.

Can you see why I love this stuff?

Sunday, May 18, 2008

COMBO FILTER

Hey everybody,
I'm still around so if there's any questions just add a comment,I'll get back to you ASAP.
I've come up with what I call the "Combo Filter"and the last 3 months it has worked out really super for me.
What it basically is is the RunForestRun scan,authored by Avery Horton,combined with the stocks over 8% with ADR(30).
Very simple but pretty deadly.
An old friend of mine who goes by the nick 13th_floor got in touch with me around November of last year and said he was finally serious about trading for a living and asked me to tutor him.
Since we go back a long way,and he is such a giving person, I said sure.
To make a long story short he has come a looooong way since then.
He actually uses strictly my methodology and has been posting a bunch on Stockfetcher.
So here is the link to the SF forum that he describes what he calls The Deadly Combo

P.S. He has been in the live chatroom the last 2 weeks and from what I've heard his headsup are burying Muddy's,haha
Good for him,he has the fire,me I'm still on hiatus but expect to return to the chatroom after summer.
So if you want to check out the chat again if you were an old visitor in the past or if you are new to the chat,please drop in,we have renewed the chatroom for another year.
To newer viewers to this blog,you can see there haven't been any posts here for quite awhile BUT everything posted here remains the same,the "old" stuff still works so read.
Sincerely Muddy

P.P.S. Laura and I have asked 13th to be a contributor here with posts and to be a moderator in the room.