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Monday and Tuesday of this week proved to be solid trading days for my portfolio. Over the weekend reports that the swine flu in Mexico caused huuuuge hype in the markets, particular all the swine flu penny stocks. I knew going into the Monday’s trading day that I wanted to buy one of these speculative [...]
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Continue ReadingTake a look at the chart and memorize this classic chart pattern that almost always makes you $$$$ shorting penny stocks.
As I pointed out early this morning before the market opened in my penny stocks to watch, SCON was up 150%+ on an obvious hyped/manipulated run because there were no PR’s hitting the wires whatsoever [...]
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Continue ReadingIf you read my penny stock watchlist on Wednesday you know that I was particularly interested in shorting DRL’s recent surge pointing out that a break on support at 4.22 would trigger a very good short entry. Well, on Wednesday morning we got that break at market open when DRL gapped down 4.10 and then [...]
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