PUMPS

This is what I said in last Saturday's post:

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.

Glad I put that disclaimer in cause UNCL zoomed this past week from 2.04 to 2.80 and it hit a high Friday of 3.05.
The point is as I said, this was an "in play" stock that means it should give way above gains either to the long side or the short side.
I (or nobody else ) knows for sure, no matter what they say that these kind will definitely go up, just put them on watch and see which direction they take. If you aren't comfortable with shorting just go long on an upbreak or just move on and sit it out.
I was aboard for some of the run but still have it on watch, especially for a short, it should fall pretty hard once it starts .
Speaking of falling hard I also in that post previewed KYUS,I said this:

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 Friday

This trash got taken out this week, it has fallen from Friday close of 3.97 hod of 4.47 to a close this Friday of 2.50!!

Keep sending me all those SPAM emails and faxs pumps.
Most folks hate that stuff, cause most fall down hard, me I say bring it on, I use it to my advantage.

Latest one I got is PTPE, a real junker, research shows it was a medical company until about 18 months ago, now they "dabble"in petroleum, hehe
They are "on the verge" of finding huge profitable oil fields.
Hmmmm,ok, something tells me this company ain't no Jedd Clampett
Hope it gaps up huge Monday, I'm gonna reserve short shares when the "OIL pump" ( sorry couldn't help that ) dries up :)

HDSN a stock I actually am holding, one of very very few, has gotten alot of chatter on the boards about a buyout and have seen a few folks say they have gotten faxes on it.
It closed within 10% of it's 52 week high Friday.
Maybe good one to watch when/if it does get closer to it's 52's

Here's some ones I'm seeing being pumped by promoters in the last few days, anybody see others please feel free to leave a comments.

BWEN KYUS TAYD UNCL DTCT PTPE HDY GTXO NPHC CYRX DPDW GNMT HYBR XMDE CHDO ENVI UBHI MFXD XRIT YTBLA JYHW MMGW MMPI HYHY NNVC VOYT FOUR FORC UOMO AKRX AUSE SWTX IDGI

Please understand many of these have fallen HARD since the pump,a few I caught that I could get enough shares or any at all to short.
Basically I'm putting these up for anyone interested to check out their charts and see if you can spot the pump/dump on your charts.
A few are still in play but most have already had their run and have been hit to the downside.
Also please note if you are NEWER to trading and don't understand how this P and D game works , and it is a game, just ignore these kind.

Awesome Back to Back Calls

13th was on fire this week. He called MESA on Thursday and LGND on Friday at the beginning of their runs. In fact he called them before the mass pile on really started and caused them to rocket. He picked up both moves SOLELY from watching the Scottrade scrolling high of day list. Once again, this is the power of learning stock symbols over time. The more scans you run, watchlists you follow, the better you get at seeing the "pop" on a symbol you know.


Here's MESA:

(May 29-12:03) 13th_FLOOR: MESA little pop .535

(May 29-12:05) 13th_FLOOR: MESA another pop .56

(May 29-12:09) 13th_FLOOR: MESA .58

(May 29-12:09) 13th_FLOOR: .60

(May 29-12:09) 13th_FLOOR: .61 ha

(May 29-12:10) Laura: MESA nice call

(May 29-12:10) goose: nice

(May 29-12:10) 13th_FLOOR: thanks..love the Scott hod list

(May 29-12:10) goose: did u get a position?

(May 29-12:11) 13th_FLOOR: yes ........64 weee

(May 29-12:11) 13th_FLOOR: CAL way jiggy 14

(May 29-12:11) slotmonkey: NAVI

(May 29-12:12) 13th_FLOOR: .66 MESA!

(May 29-12:12) Laura: MESA flying

(May 29-12:13) 13th_FLOOR: INGN even

(May 29-12:13) 13th_FLOOR: MESA oh man .68

(May 29-12:15) 13th_FLOOR: .69999999999999999999999999999999999999999

(May 29-12:15) Laura:

(May 29-12:15) 13th_FLOOR: bust that .70,ha

(May 29-12:15) Laura: wowser

(May 29-12:15) goose: in MESA at .67

(May 29-12:16) 13th_FLOOR:

(May 29-12:16) goose: lets see some magic

(May 29-12:16) Laura: sweet

(May 29-12:16) goose: nice

(May 29-12:17) 13th_FLOOR: .77 I'm sending Scott a few cases of beer for that one

(May 29-12:17) goose: haha

(May 29-12:17) 13th_FLOOR: .80

(May 29-12:17) goose: very nice

(May 29-12:17) goose: ur exit target?

(May 29-12:18) 13th_FLOOR: caught it at .535 on vol spikes off Scott hod list

(May 29-12:18) goose: Huge bid orders

(May 29-12:18) 13th_FLOOR: .90

Here's LGND:

(May 30-11:47) 13th_FLOOR: LGND green from red 2.50 now...pharma stock

(May 30-11:48) sheezo: LGND: buy 13th?

(May 30-11:49) 13th_FLOOR: 2.50 i think good buy on LGND

(May 30-11:54) 13th_FLOOR: LGND bit more,decent vol

(May 30-11:55) sheezo: big spike in LGND?

(May 30-11:58) sheezo: thanks for LGND 13th..

(May 30-11:58) sheezo: it's really going up

(May 30-11:58) Mac400: how much more can it go

(May 30-11:59) sheezo: i'm really happy with 5%

(May 30-11:59) Mac400: yeah

(May 30-12:00) 13th_FLOOR: don't know but trail with tight mental to take profit

(May 30-12:00) sheezo: there are coming big spikes

(May 30-12:02) sheezo: 2.73!!!

(May 30-12:02) sheezo: wooooow

(May 30-12:02) Mac400: props to 13th

(May 30-12:02) 13th_FLOOR: LGND over 2.70

(May 30-12:02) Laura: niceeee

(May 30-12:03) 13th_FLOOR: ahhh just caught off scott hod list and kwen that a a former runner

(May 30-12:03) sheezo: 2.80

(May 30-12:03) 13th_FLOOR: weeeeeeeee

(May 30-12:04) Mac400: how'd u spot this 13th

(May 30-12:04) 13th_FLOOR: (May 30-15:02) 13th_FLOOR: ahhh just caught off scott hod list and kwen that a a former runner

(May 30-12:05) Laura: scottrade hod list, stocks you know pop out at you. LGND has been in play for last few weeks, so when you see on hod list..........

(May 30-12:06) 13th_FLOOR: scott hod list i couldnt live with but you gotta understand i know a ton of potential runners from the past

(May 30-12:06) 13th_FLOOR: instead of reading stock stuff i try to remember symbols from former lists from scans

(May 30-12:12) sheezo: i guess the LGND run is over

(May 30-12:14) 13th_FLOOR: maybe not but dont know but still no cross down on 10/60 chart

(May 30-12:24) slotmonkey: wow LGND is going for 3

(May 30-12:24) sheezo: LGND is 2.94

(May 30-12:24) 13th_FLOOR: LGND more

(May 30-12:25) slotmonkey: talk about a dead cat bounce

(May 30-12:25) 13th_FLOOR: see it didnt down cross on 10/60 pretty reliable

(May 30-12:27) sheezo: this is just sick

(May 30-12:27) losing_money: too late to get in?

(May 30-12:27) Mac400: 3 dollars

(May 30-12:27) 13th_FLOOR: yes!!!!!!!!!!!!! over 3

(May 30-12:27) losing_money: trying to learn

(May 30-12:32) 13th_FLOOR: shhezo congrats 2.60

(May 30-12:32) sheezo: thanks to you 13th!

(May 30-12:39) 13th_FLOOR: wow LGND!

(May 30-12:39) 13th_FLOOR: haha

(May 30-12:39) Laura:

(May 30-12:39) sheezo: lol

(May 30-12:39) Laura: both saw on hod list I assume

(May 30-12:39) 13th_FLOOR: funny yeah

(May 30-12:39) sheezo: too early

(May 30-12:39) throbinskin: LGND

(May 30-12:39) 13th_FLOOR: yup we did see

(May 30-12:39) throbinskin: popppppppppppp

(May 30-12:39) sheezo: holy mother!!!!

(May 30-12:39) throbinskin: in 3.5

(May 30-12:39) Laura: good god

(May 30-12:41) sheezo: was this a sqeeze or a news leak?

(May 30-12:41) 13th_FLOOR: love that hod list

ENVI-ous of Anyone That Shorted

Mentioned ENVI pump and dump yesterday. Shew, what a dump. You never know the exact day or time but it's gonna happen. Almost guaranteed. ENVI dropped from 2.70 to 1.70 in an hour!

What a shame; I couldn't get shares with Interactive Brokers. :(

ENVI Newsletter Pump/Dump

ENVI in my mailbox today. Looks like a sweet short.

INGN I WHACKED YOU!!

INGN was a top Premarket leader this morning, it gapped from 2.80 to 2.93 and then crossed 3 at 3.03 AND THEN it went below 3 AND then it got CREAMED .

I immediately went short at 2.80 and it was party time!! ( I love you IB,ha )

It hit lod of 1.80, a whole buck from my entry.

$3k profit on a stock I never had on watch last night, move with the flow!

I tried to upload the chart but it won't take but look at it, a thing of beauty.

Those of you who like to short the pennies watch VOYT ,shortable on IB, I'm licking my chops for a sign of RED!
Oh and bye bye ZAAP you dog.

Gimme Some Steel

Muddy and I are looking at steel stocks as a nice place to park some bucks that we don't need for daytrading.

GTI MTL AKS GSI ZEUS are a few. Compare the daily charts of these to TRA CF etc a year ago. They may seem high priced as you see they have doubled in 4-6 months, but most of them look like the start of a huge run up. P/E on most are very attractive.

GTI also has solar exposure. Just keeps going......

KYUS ... THE DUMP PART

Of the "pump and dump" was quick and nasty, lasting an hour with 13 red candles in a row!
It took the price from over $4 @ $4.19 right through the $3's to a low of $2.88.

Notice the warning one got with the 10/60 cross to the downside on Fri @ about $4.22
http://img144.imageshack.us/img144/9195/kyusmay272008cl9.jpg