Mike's Place

HLYS and URRE – Bought HLYS, failed breakout, took my loss, URRE, failed breakdown, took my loss. Usually I wouldn’t take these trades, but I am only risking monthly November profits. Will be more disciplined starting today (12/1/10)

PRM – Up on thestreet’s positive review. Not sold on their story at all, Way overextended. Potential short soon.

CRWG – Took a small short position on this one.

AMOK – Potential short

WLOC, MONT, HHWW all potential shorts if you can find shares. I think these might run for a while like NXTH did though.

Read my disclaimer. Currently short 1000 CRWG.

Seeking Alpha doing a great job of pumping up stocks lately. A few of the stocks below didn’t take me too long to find some seeking alpha flunky talking positively about their stock (which they coincidentally own shares of). Gotta love the holiday pumping season!

DMC – Made like 5.00 after commissions. This thing was boring, and I had to work.

VTRO – Followed a timalert, I believed he was right for the same reasons, but I was ignoring the price action in the same manner he was. Good lesson, unfortunately it takes losses to teach those lessons. That lesson is: Make my own trades, and follow my own rules. You think I would learn Loss of around $200.00. Will verify it when I get home from work next week. Still a potential short.

AENY – Dead Pump Bouncing!!!! Potential short soon.

IGOI – Potential short term long. Seeking Alpha article spiked this a little. Hope they pump it up more. Will probably be a decent short when the pattern is right.

MRVC – Potential Long on the 1.60 Break

MITK – Wait for the hype to fade, and it will. Potential Short.

FTK – Overextended. Potential short soon.

AKRX – 5.50 break for the potential long. Possible swing, this one doesn’t seem too volatile.

HLYS – Potential long.

Read my disclaimer page. Currently no positions in any of the stocks mentioned.

DMC – Shorted this on Wednesday, just a small position, watching it fade all day long. I will probably sell it fairly early win or lose on friday morning.
ESIC – Potential Long
RDNT – Potential Day Trade Short
AMRI – Watch the 5.00 break potential short

Read my disclaimer, Currently short 500 DMC