Hot N Wild Wednesday Stock Blog - 07/01/09

Tuesday, June 30, 2009 Leave a Comment


Well, I did not hit my goal for the month of June, but this has been a very turbulent time, and I expect July to be a phenomenal month. Since it's late, I'll talk in very brief statements...seems like that's the only way my brain works after hours anyway.

IGNT took a joy ride to .0122, then quickly nose-dived. I expect it to return to those levels, but with this stock, you have to play the dips. Don't count on the next day. With BIEL, I could kick myself. Could have had a 4 bagger. But, those opportunities are rare. I am a sole believer in taking profits right now. AMNE can't lose much more ground - parking spot at .005 -Accumulating for a run IMO. IDOI - look at the shares traded - It's astronomical - Count on a run soon. LGTT - the run was denied - Lord, please don't put me underwater on this trash.

At the end of the day, I bought OMEX. It's starting to pinch, and I hope this will generate a good run short term. Looking for 2.00 to 2.50.

Looking hard at MYNG to add to the watch list. Needs to find some support. Lots of good plays right now...must get a few good runs to reach my July quota. My goal is to double the account in one month.

Picks are the same - keep watch and take profits.

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