Stock Horizons

New Site is Up!!

2009-08-16T23:06:00.003-04:00

My good friend Mike has done a great job in getting this going. Phenomenal job.

Will be posting from this location from now on.

www.pennystockhorizons.com

Daily Stock Challenge - 08/14/09

2009-08-14T07:00:00.001-04:00

Getting ready to work on the new site this week, so we'll post as often as possible. I'm down from where I started this week, but I've recovered well in the past, and looking forward to ending August strong.

I'm not sure where a number of stocks are headed - Big exchanges are giving some mixed signals - jobs/economy vs. profitable banks....My first thought is, "Well duh, when you raise the interest rate for good paying customers, what do you think will happen". I got my notice in the mail...You should be looking for yours too.

Challenge Stock from 8/13/09 - No Pick (0%)

Total for August - +161.38%

Challenge Stock for 8/14/09 - BPOP

Disclaimer: This is simply for entertainment purposes. If you choose to use these stocks, it is on your own judgment, and your decision. Consult your own financial professional for your trading needs.

Firestorm Friday Stock Picks - 08/14/09

2009-08-14T06:44:00.002-04:00

Bought CIT, MMPIQ, ZAAP, SRSR. Will give update later today.

ADVNB - Still holding and hovering above parsar and Ma50. Let's see what today holds.

AXL - Looks like the wave is turning. Still above critical resistances, but I would keep my gains at this point and move on.

BWTRQ - Off the list.

CRGN - Off the list.

CYBL - Holding this one for awhile.

FNM/FRE - Long term play, and very dependent on news and economy. More for day traders at this point.

CPF - If it passes 3.81, clear sailing till 4.90ish. A number of signs are pointing to a retracement, so play cautiously.

FRGY - I wish I could be technical about this one...But I don't have much to go on. I just like the ADX, the PPO, and the levelness for the last two weeks.

GSIG - I think it's moving lower...Off the list.

IBXG - I may buy this one today. Looks good.

MMDA - Ouch...This one stunk all of a sudden. Looks like they Could be a good bottom feeder and play the spike.

MBHI - Hit the peak of .89. Time to move on.

MGLG- Here's more food for thought...I had 1m shares open all day at .0007...not one bite. This STILL bothers me.

NXPN- Sold it. Don't like how the chart is moving.

SGCP- This one surprised me. It has support at the Par Sar, but it's just accumulating.

WNBD - Accumulating, and holding. MMs just shakin the tree for cheaper shares. Could hit .009 before it's all over. Targeting .08-.09.

More to watch: ACTC, BLGM, BCLE, GERS, PCBC, RZ, BHWF, DYMTF.

Disclaimer: This is simply for entertainment purposes. If you choose to use these stocks, it is on your own judgment, and your decision. Consult your own financial professional for your trading needs.

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Daily Stock Challenge - 08/13/09

2009-08-13T07:27:00.002-04:00

Yesterday, an afternoon news report clobbered MTLQQ (and me)...always the danger with any penny stocks. This is WHY I tell everyone, claim your gains, and you will be successful. Even for all the trading I do, charts told me this had a lot of upward movement, yet I had already gained my 15% rule. Kicking myself now...Don't worry, you don't have to.

Been very occupied with personal life this week, hence the lack of posting. I'll be able post some more detail and picks tonight, so be on the lookout. Reports are looking good for the market today, let's go make some money!!

Challenge Stock from 8/12/09 - MTLQQ (-34.46%)

Total for August - +161.38%

Challenge Stock for 8/13/09 - No Pick For Today

Daily Stock Challenge - 08/12/09

2009-08-12T07:39:00.002-04:00

Challenge Stock from 8/11/09 - DYMTF (-9.26%)

Total for August - +195.84%

Challenge Stock for 8/12/09 - MTLQQ

Daily Stock Challenge - 08/11/09

2009-08-10T21:46:00.002-04:00

Challenge Stock from 8/10/09 - FRE (+128.36%)

Total for August - +205.10%

Challenge Stock for 8/11/09 - DYMTF

Thermal Tuesday Stock Picks - 08/11/09

2009-08-10T20:46:00.003-04:00

I apologize for the late purchase of MTLQQ. I had a buy order in, and had an emergency come up, and was gone the final hour of trading.

ADVNB - A suprise retracement. Let's see what tomorrow holds.

AXL - I told you a couple days ago this puppy would jump, and it did. A little retracement today, but still has room to run. Good news for automakers too.

BWTRQ - Ok...Didn't buy, and the as the day wore on, and lack of trading activity, I'm going to move on. The pincher pinched, and no volume..not a good sign.

CRGN - Long term hold, but I think it could be a good one. Not much volume though.

CYBL - Holding this one for awhile.

FNM/FRE - I didn't buy, and I couldn't predict or secure a definite profit point. I wasn't going to lead any of the followers of this board to the ditch. Final hour this rose, and even in AH. I'll keep on here in hopes of a good entry point.

CPF - Continued to climb today. If it passes 3.81, clear sailing till 4.90ish.

FRGY - I wish I could be technical about this one...But I don't have much to go on. I just like the ADX, the PPO, and the levelness for the last two weeks.

GSIG - Still climbing. Let's keep the eyes peeled for Tuesday.

IBXG - MACD is really appealing. Almost a WNBD look alike. Need more volume.

MMDA - Retracement today. Let's see what tomorrow holds.

MBHI - Nice climb. Watching tomorrow.

MGLG- Here's more food for thought...I had 1m shares open all day at .0007...not one bite. This bothers me.

NXPN- Bought it, and will need some more volume. Sell on the pop.

SGCP- This one surprised me. It has support at the Par Sar, but it's just accumulating.

WNBD - Accumulating, and holding. MMs just shakin the tree for cheaper shares. Could hit .009 before it's all over. Targeting .08-.09.

More to watch: ACTC, BLGM, BCLE, GERS, PCBC, RZ, BHWF, DYMTF.

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Daily Stock Challenge - 08/10/09

2009-08-09T07:46:00.000-04:00

Challenge Stock from 8/7/09 - NXPN (+6.12%)

Total for August - +76.74

Challenge Stock for 8/10/09 - FRE

Monstrous Monday Stock Picks - 08/10/09

2009-08-09T07:45:00.002-04:00

ACTC- I'll keep it on the watchlist, but that's it for now.

ADVNB - My gut tells me this may have some more running room. Let's see what Monday holds. Resistances at .65, .67, .70 and .96. If it can't break amd sustain through these initial resistances, it's a sell.

AXL - I told you a couple days ago this puppy would jump, and it did. A little retracement today, but still has room to run. Good news for automakers too.

BWTRQ - Hello beautiful. I'll buy you Monday.

CIRC- Sold all. Moving along.

CRGN - Long term hold, but I think it could be a good one. Not much volume though.

CYBL - Holding this one for awhile.

FNM/FRE - Good news after hours. Will try to get some shares cheap.

CPF - Continued to climb yesterday, with pullback today. This one may be a buy Monday. I still think it has juice.

FRGY - I wish I could be technical about this one...But I don't have much to go on. I just like the ADX, the PPO, and the levelness for the last two weeks.

GERS - Watching.

GSIG - One day of pullback is not bad. Let's keep the eyes peeled for Monday, Tuesday.

IBXG - MACD is really appealing. Almost a WNBD look alike. Need more volume.

MMDA - Hello Beautiful #2.

MBHI - Broke the parsar on Friday, and I like this one. If it can get enough volume, this one could do a nice jig.

MGLG- Here's food for thought...I had 1m shares open all day at .0007...not one bite. This bothers me.

NXPN- Bought it, and will need some more volume. Sell on the pop.

SGCP- This one surprised me. It has support at the Par Sar, but it's just accumulating.

WNBD - Accumulating, and holding. Had a surprise dip today, but MMs just shakin the tree for cheaper shares. Targeting .08-.09.

More to watch: ACTC, BLGM, BCLE.

Switch to TradeKing and get up to $150 in transfer fees reimbursed.

Daily Stock Challenge - 08/07/09

2009-08-06T21:33:00.000-04:00

Challenge Stock from 8/6/09 - CIT (+16.55%)

Total for August - +70.62

Challenge Stock for 8/7/09 - NXPN

Firestorm Friday Stock Picks - 08/07/09

2009-08-06T21:01:00.002-04:00

ACTC- It's getting close to the last support point. Let's see if it can stabilize here.

ADVNB - My gut tells me this may have some more running room. I bought some today, but a little uneasy with it.

AXL - I told you a couple days ago this puppy would jump, and it did. A little retracement today, but still has room to run.

BPOP - This one ran as well over the last couple of days. Today we saw some pullback, but this one can still run to over two dollars. I'll not have it on next week's list.

CIT - This one has been very good to me. I should have sold first thing this morning, but against my judgment (and a small measure of greed), I held on. I sold it when I started to see the tanking action, and I knew better, but did it anyway. Rebought it and sold it for less. Still had a tremendous gain, and very thankful. This one has the potential for a swing either way. I'll not touch it right now.

CYBL - Holding this one for awhile.

CTDB - In the last two days, it's ran from .03 to .07.

CIRC- Still up against the .0055 and .006 resistance. I don't know if it can get the momo or not to break .006. I'll not hold it for long.

FNM/FRE - Yes, it finally recovered nicely. from .60 to .98 this morning, and pulled back. may stabilize here for a few days, but news changes this one at the drop of a hat.

CPF - Continued to climb yesterday, with pullback today. This one may be a buy tomorrow. I still think it has juice.

FRGY - I wish I could be technical about this one...But I don't have much to go on. I just like the ADX, the PPO, and the levelness for the last two weeks.

GERS - Watching

GSIG - Has had five consecutive positive days. I don't think it's done yet.

MGLG- Here's food for thought...I had 1m shares open all day at .0007...not one bite. This bothers me.

NXPN- Sometimes I wonder why stocks like this attract me...Nothing particularly strong about it, aside from volume, ADX, MACD, and the support of the Par Sar. Let's see what tomorrow holds.

SGCP- This one surprised me. It has support at the Par Sar, but it's just accumulating.

STSI - I don't like it anymore. No predictable pattern.

WLSI - If you have extra cash to throw away, this one could be one you could get a return on in a couple months. I'm taking it off the list.

WNBD - Accumulating, and holding. Had a surprise dip today, but MMs just shakin the tree for cheaper shares. Targeting .08-.09.

More to watch: BLGM, BCLE.

Switch to TradeKing and get up to $150 in transfer fees reimbursed.

Daily Stock Challenge - 08/06/09

2009-08-06T05:36:00.001-04:00

Challenge Stock from 8/5/09 - CIT (+37.62%)

Total for August - +54.07

Challenge Stock for 8/6/09 - CIT

Daily Stock Challenge - 08/05/09

2009-08-04T22:38:00.001-04:00

Challenge Stock from 8/4/09 - CIT (-1.94%)

Total for August - +16.45

Challenge Stock for 8/5/09 - CIT

Hot N Wild Wednesday Stock Picks - 08/05/09

2009-08-04T21:21:00.004-04:00

ACTC- I'm putting this back on the list because I think it's severely undervalued, and should retrace...It could take a month, so I won't say a whole lot.

AXL - Had a good pop today, and I expect a more tomorrow. Free and clear to the resistances of 4.64 and 4.95.

BPOP - Popped some today. It closed at a previous resistance point. Still looks good for some more upward action.

CIT - Traded sideways all day...Let's see what tomorrow holds. I expect them to complete the balance of the tender offers by midnight tomorrow. I'd like to get anywhere from 1.50-2.00.

CYBL - Holding this one for awhile.

CTDB - A good day is coming for this one. Still accumulating. Low volume still, but looks to be evening out.

CIRC- Popped today and hit the .0055 resistance- Nothing tells me this will pull back, but I've been surprised before. Still holding. Volume continues to increase.

FNM/FRE - Still hanging on and accumulating.

CPF - Popped as predicted. I feel like I'm in the sweet spot right now. ;-)

GERS - It closed at a previous resistance, but this one looks good for some more momo and +pps.

GSIG - Watching. If 12 day MACD crosses 26 day, I'll remove from the list.

MGLG- Bought a round of this dilution machine. Bought at .0007. It's flirting with .0006, and I'm not liking it. Let's see what happens.

SGCP- This one surprised me. It has support at the Par Sar, but it's just accumulating.

STSI - Any day now.

WLSI - Accumulating..Accumulating...Accumulating....It will go bang soon.

WNBD - Accumulating, and holding. Had a surprise dip today, but MMs just shakin the tree for cheaper shares. Targeting .08-.09.

More to watch: BLGM, BCLE.

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Daily Stock Challenge - 08/04/09

2009-08-03T20:20:00.000-04:00

Challenge Stock from 8/3/09 - CIT (+18.39)

Total for August - +18.39

Challenge Stock for 8/4/09 - CIT

Thermal Tuesday Stock Picks - 08/04/09

2009-08-03T19:53:00.002-04:00

AXL - Bullish engulfing pattern - May get some more momo tomorrow. Looked good today.

BPOP - It's prepping for a run. Was gonna get in this one, but chose CIT instead.

CIT - The news came, and the stock rose some, but not as much as I expected. Tomorrow should be a good day as well. Bought in at .99-1.00. I'd like to get anywhere from 1.50-2.00.

CYBL - Holding this one for awhile.

CTDB - A good day is coming for this one. Still accumulating. Low volume still, but looks to be evening out.

CIRC- Bought some of this one too at .0042. I don't have a target price, but would like to get somewhere in the ball-park of .0055 to .006. Not every play has to be a double bagger, and it looks fairly stable. Maybe something unexpected could happen. And right now, any positive percentage is a good percentage.

FNM/FRE - Still hanging on and accumulating.

COSI - Popped today. I liked it too. You can't say I didn't tell you...

CPF - This one is a pincher without the RSI. May jump into this one if it doesn't spike soon.

GSIG - Watching. If 12 day MACD crosses 26 day, I'll remove from the list.

MGLG- Bought a round of this dilution machine. Let's see what happens. Bought at .0007.

SGCP- This one surprised me. It has support at the Par Sar, but it's just accumulating.

STSI - Any day now.

WLSI - Accumulating..Accumulating...Accumulating....It will go bang soon.

WNBD - Accumulating, and holding. Had a surprise dip today, but MMs just shakin the tree for cheaper shares. Targeting .08-.09.

More to watch: BLGM, BCLE.

Buy Stocks Online for $0. Trade stocks for free on Zecco.com. The Free Trading Community.www.zecco.com

Daily Stock Challenge - 08/03/09

2009-08-02T21:43:00.002-04:00

Well for July, I ended up with a positive figure - +57%.

Let's start August off with a bang. I could either go in the hole real bad, or I can get a good start. I think I'm going to try with some real moola tomorrow on CIT.

Pick for 8/3 - CIT.

Monstrous Monday Stock Picks - 08/03/09

2009-08-02T16:29:00.001-04:00

AMNE - Sold everything on Friday. I waited too long, in expectations that the pps would raise as the day went along, and it worked inversely. I won't make that mistake again. The best traders are those with limits, and I failed to do so.

AXL - Bullish engulfing pattern - May get some more upward movement Monday, but I wouldn't hold for too long.

BPOP - Pinched with some regression now. Too much volume to not think something big will happen with this one though.

CIT - This will be tremendous tomorrow. I think I'll put all my AMNE money here, depending on news.

CYBL - Holding this one for awhile.

CTDB - A good day is coming for this one. Still accumulating. Low volume still, but looks to be evening out.

CIRC- Due for a spike soon. Broke the parsar on Friday and hovering around the Ma50.

FNM/FRE - Still hanging on and accumulating.

COSI - Watching.

GSIG - Watching. If 12 day MACD crosses 26 day, I'll remove from the list.

MGLG- Things are looking good here. It's got support at the Ma200 now. Free sailing.

SGCP- This one surprised me. It has support at the Par Sar, but it's just accumulating.

STSI - Any day now.

WLSI - Accumulating..Accumulating...Accumulating....It will go bang soon.

WNBD - Accumulating, and holding. Good product offering too. Targeting .08-.09.

More to watch: BLGM, BCLE,

Buy Stocks Online for $0. Trade stocks for free on Zecco.com. The Free Trading Community.www.zecco.com

Firestorm Friday Blog - 07/31/09

2009-07-30T20:04:00.004-04:00

Well folks, after many moons, and waiting patiently, AMNE has finally launched. Let's hope that today was not the end of a run, but the beginning. Major resistance at .009...has been a stopping point for the last few times it ran.

GGC was a huge surprise, coming from a reverse split, which I thought was the end of the world, to a tremendous run. I was resigning myself to a loss, but will come out with substantial gain. I like those surprises.

GNBT is becoming a dying dog. It's not performing as expected, and seems to be hovering between .66-.72. I'm somewhat amazed because it's above the Ma50, Ma200, and the parsar. The last spike broke the parsar, but unlike the last three spikes, did not become a single bagger. I'm still in profit, but am ready to move on if no results soon.

WNBD is in accumulation, and I expect it to fly at any moment. It's just a matter of time. And patience.

I'll leave the other picks alone for now. July's stock challenge, which I haven't even completed it every day, stand at a gain of 58%. Not bad for starting middle of the month. Best regards, and good things to come in the next few weeks!!

Daily Stock Challenge - 07/31/09

2009-07-30T19:28:00.001-04:00

Thursday's Pick - CIT - (+12.82)

Total Percentage Gain for July: +58.85

Today's Pick: CIT

Thundrous Thursday Stock Picks - 07/30/09

2009-07-30T07:46:00.007-04:00

Been beyond busy, working like a mule. Will be jumping back on here, and getting you some stellar picks. Quite a few have popped as expected. Let's keep the trend going.

ACTC - Too many good things going for this one. No chart will tell you what will happen with it. It moves on news. But the Ma50 and ParSar are close resistances. Must be able to break them.

AMNE - Still waiting and looking for a good day today. Let's hope before the forward split on Friday.

AXL - Pinched today, as expected. I don't think it will sustain here for long though.

BPOP - Pinched with some regression now. Too much volume to not think something big will happen with this one though.

CIT - Beautiful pincher folks.

CYBL - Holding this one for awhile.

CTDB - A good day is coming for this one. Still accumulating. Low volume still, but looks to be evening out.

FNM/FRE - Still hanging on and accumulating.

GSIG - Popped as expected. Broke the Par Sar too.

HTDS- What did I tell you? Incredible.

MGLG- Things are looking good here. It's got support at the Ma200 now. Free sailing.

SGCP- This one surprised me. It has support at the Par Sar, but it's just accumulating.

STSI - Any day now.

WLSI - Accumulating..Accumulating...Accumulating....It will go bang soon.

WNBD - Accumulating, and holding. Good product offering too. Targeting .08-.09.

More to watch: HSWI, BLGM, BCLE, LEAR, SGCP

Buy Stocks Online for $0. Trade stocks for free on Zecco.com. The Free Trading Community.www.zecco.com

Daily Stock Challenge - 07/30/09

2009-07-27T21:34:00.003-04:00

Tuesday's Pick - SGCP - (No Change)

Total Percentage Gain for July: +43.03

Today's Pick: CIT

Thermal Tuesday Stock Picks - 07/28/09

2009-07-27T21:13:00.004-04:00

ACTC - Back on the radar. Too many good things going for this one. No chart will tell you what will happen with it. It moves on news.

AMNE - Still waiting. Soon. Let's hope before the forward split on Friday.

AXL - Back on the radar. Getting ready for some pinching action!!

BPOP - Began popping as expected. Could see $2 before it's all over with.

CYBL - Holding this one for awhile.

CTDB - A good day is coming for this one. Low volume still, but looks to be evening out.

FNM/FRE - Still hanging on and accumulating. Today's news of home sales should begin to help this one.

GSIG - Popped as expected. Broke the Par Sar too.

GSPI - One day special..Should continue tomorrow.

HTDS- What did I tell you? Popped...easy double.

SGCP- I'll probably jump on this one with both feet tomorrow. ADX/DI+ ready to give the buy signal.

STSI - Beautiful pincher pattern setting up. Don't forget about it. Targeting 1.25-1.50.

SYMX- Am I good or what? Look at this one.

WNBD - Rebounded beautifully, and it's not done, friends. Good product offering too. Targeting .08-.09.

More to watch: HSWI, BLGM, BCLE, LEAR, SGCP

Buy Stocks Online for $0. Trade stocks for free on Zecco.com. The Free Trading Community.www.zecco.com

Firestorm Friday Stocks - 07/24/09

2009-07-23T21:01:00.007-04:00

AMNE - Deja Vu? I'm ready to exit this bad boy on the next spike. I'm too weary of it.

BPOP - Looks like a pincher to me. Will be my next pick. Support at 1.00, and volume is incredible.

CYBL - Holding this one for awhile.

CTDB - Beautiful chart. ADX is ascending, and the PPO is ready to cross. I may put a little bit on it. It broke the .30 resistance today, but closed below it. Will need more momo.

FNM/FRE - Still hanging on.

GSIG - Pinching soon - Targeting 1.00

HTDS- Accumulating. It's going to pop. Just a matter of time.

SPNG - I sell, and it starts to go up. Go figure. Starting to look good, and glad it broke the parsar, but I don't know if it can sustain it. Let's watch and see.

STSI - Beautiful pincher pattern setting up. Don't forget about it. Targeting 1.25-1.50.

SYMX- It broke through the Ma200 today and touched the parsar. Also gave the buy signal with the DI+ passing the ADX.

WNBD - Rebounded beautifully, and it's not done, friends. Good product offering too. Targeting .08-.09.

More to watch: HSWI, BLGM, BCLE, LEAR, SGCP

Buy Stocks Online for $0. Trade stocks for free on Zecco.com. The Free Trading Community. www.zecco.com

Daily Stock Challenge - 07/24/09

2009-07-23T19:42:00.002-04:00

Yesterday's Pick - DSCO - (+35.00%)

Total Percentage Gain for July: +44.53

Today's Pick: ANX

Daily Stock Challenge - 07/23/09

2009-07-22T22:45:00.005-04:00

Yesterday's Pick - GNBT - (-6.82%)

Total Percentage Gain for July: +9.53

Today's Pick: DSCO

Thundrous Thursday Blog - 07/23/09

2009-07-22T22:34:00.002-04:00

Seems like the pennies had a mixed bag today. Most of my stocks had extreme fluctuations, none of which were on the positive side for the most part.

I sold SPNG, even though I like what it could become. The main reason I sold was because the resistances are so strong, that I feel I could make more money elsewhere. For all those dedicated SPNG fans, keep holding. I'm sure someday it will perform, but I'm afraid it may see a lull again.

AMNE tanked...Upsettingly. Why? Profit taking. It found it's previous parking spot at .005. This stock could become the next BEHL in my opinion. The forward split is fast approaching, and it could really take off. I tried to grab some more shares, as I think it will recover tomorrow. Personally, I'm tired of seeing it in my portfolio.

GNBT surprised me. Signals pointed north, and it reversed direction today. All signals still look good, so it appears that this is a period of accumulation. Let's see what tomorrow holds. I still think it could hit a buck before it's all said and done. Look at the history and you will see what I mean.

WNBD is still accumulating. Nuff said on that. Will post a revised list of picks here shortly.

And if any of you are on Zecco, please give me some feedback. I'm currently using Scottrade, and am paying out the nose in trading fees. I've got a Sogotrade account, and although it might be good for shorting, I can't use it for pinkies and OTC stocks. They are not available to them.

Daily Stock Challenge - 07/22/09

2009-07-22T06:30:00.002-04:00

Yesterday's Pick: GNBT. Gain (+16.35%)

Today's Pick: GNBT

Thermal Tuesday Stock Blog - 07/21/09

2009-07-20T20:50:00.005-04:00

Today ended much better than I had expected. AMNE took a climb, and a great one at that. From .004ish to .0059. I think this run will continue on through tomorrow. Hoping for a tremendous run.

SPNG gave a buy signal (DI+ crossed over ADX). Nice little diddy from .102 to .12. Great mover. Glad I held on to it. WNBD is accumulating at this level, and is getting some additional news supports. I bought GNBT today, another buy signal. I expect .80 to 1.00 out of this one. Maybe more.

GGC rebounded nicely from a poorly played purchase. A very valuable rule for all newbies and even experienced traders....Never, ever buy in the first hour of trading...especially in a spike. This is just plain stupidness. Sorry for the bluntness, but this has caught me so many times, you would think I would have learned by now. The only exception to this rule is if the stock is stable and has high acculumation at roughly the same bid/ask levels.

Had a tremendous day, and thankful for it. Was pretty beaten down over the last two weeks, and lost about 20% of my portfolio. Now, we're down 10%, and looking to finish July with some healthy fireworks over the next couple weeks. Looks like news reports are mixed, so hold the NYSE and NASDAQ stocks at bay...they are hard to play right now until some stability comes.

Currently in the midst of starting a new site, with forum, signup and more picks. A good friend is working on the site, and is doing a great job. Expect to launch in mid August. I had just redone this site, but as time is going on, and a lot more traffic, I wanted more interaction with my fellow stock traders, and want to get more offerings and content so we can all be successful traders. Sticking together is essential and I'm still learning all the ins and outs of a vast sea of info and techniques in the stock market. I don't know it all, but would I appreciate all the comments, as well as stock suggestions and insights.

Daily Stock Challenge - 07/21/09

2009-07-20T19:04:00.006-04:00

I'd like to start something that could really be fun (at least for me, you might think it's plum corny). I'd really like to establish a 15% challenge on a daily basis. Do you realize that if you could pick one stock, once a week, for 52 weeks, and gain 15%, then you'd have a million dollars by the end of the year? Figure it out. Oh, sure, there will be plenty of naysayers, and say it's impossible. But let's give it a whirl. So, I'll post here my results, and see where it heads.

My pick for July 21: GNBT

Monstrous Monday Stock Picks - 07/20/09

2009-07-19T21:00:00.010-04:00

I'm going to starting shortening this portion of the blog posts. I have always linked the chart, but I'm assuming you will use whatever software or online broker's charting ability for these picks.

AMNE - New lows are getting me a little alarmed. Not what I expected, but I do expect a spike any day. Chances are good that it will test .0035....Next supports are at .003 and .0023. I hope we don't have to go that low. I plan on doubling down if possible. Targeting .01-.02.

Good product too.

BBI - This is one stock that I easily believe will hit 1.00 soon. They are doing things to reinvent themselves, and I don't know about you, but every semi-large town has a store.

CHTRQ - This one popped up on my scans...I think it will pop soon. ADX has climbed rapidly fast. Maybe to .025.

CNB - As predicted, it spiked. Time to move on. (from .45 to .85)

CPRX- Monday should be good for this one. RSI just peaked it's head above 30, and looks like the PPO is getting ready to cross. Looks like there was a false crossover at the end of June. Support at .40, resistance at .60 and .63. Targeting

CRBC - This one too - As predicted, it spike, Time to move on. (from .50 to .75)

CYBL - Holding this one for awhile.

CTDB - Beautiful chart. ADX is ascending, and the PPO is ready to cross. Late day trading on Friday, the most in about 3 weeks.

FNM/FRE - Still hanging on. I thought it was going to rally, but it took a spin in the opposite direction. Let's hope for a short round of accumulation, and leveling this to where it really needs to be.

FRP - I look for this one to go at any time. Will probably hit around .50 before it heads up again.

GGC - I bought this on a whim, and broke a cardinal rule (do not buy in the first hour of trading). I will try to minimize my losses, but it does look like it will return to the .40s real soon.

GSIG - Pinching soon - probably Monday or Tuesday. Targeting 1.00.

HTDS - This stock tempts me more than any of them. Lots of momo, and has been able to sustain the .0010 mark. I expect this one to pop again any day. Stupid name of a company, but it does get the point across.

IDOI - I sold it off. I got tired of waiting...even though it still looks somewhat favorable, I don't like the momentum. It appears at first glance as though the PPO is ready to cross and it's getting ready for some red action. Let's hope for those that still have it that it will be a shortlived event.

LGTT - Yes I sold it. Will probably buy again, I just wanted to break even, and get in lower if it happens to go that way. I wasn't going to lose my opportunity on this one.

SPNG - Started rebounding last week, and I don't think it's done. I have more hope for this one than I do LGTT. Targeting .17-.28 short term.

STSI - Beautiful pincher pattern setting up. Don't forget about it. This week. Targeting 1.25-1.50.

WNBD - Rebounded beautifully, and it's not done, friends. Good product offering too. Targeting .08-.09.

More to watch: HSWI, BLGM, BCLE, LEAR, SGCP

Sorry

2009-07-18T07:37:00.000-04:00

I've had to go out of town for the last few days and the hotel that advertised internet connection has had some technical problems. After two days, I'm now able to post.

I'll be looking over the picks, and let you know what's going on. Some crazy transactions lately, will update you.

Wild Wednesday Stock Blog - 07/15/09

2009-07-14T22:29:00.002-04:00

Well, I sort of feel like I've went 90 seconds with Mike Tyson, and am seeing stars lately. Let's take a look and see what's gone right and what's gone wrong:

What's gone wrong (let's get this out of my system, ok?):

OSCI went bankrupt. Thankfully I got out half at .14, the other half at .06. The chance you take with any stock, but I didn't see it coming.
SPNG - all great news, and it's sinking? Something is definitely wrong with this picture, you blood sucking MMs.
WNBD - no comment. I could, but it's better for me not too.
IDOI - at 25% haircut on good news?

What's gone right (short list, but positive is positive):

LGTT is no longer my puss-filled stock sore....my ugly cross-eyed Aunt Bertha....my Donald Trump hairdo....
AMNE has not went any lower. Maybe a bottom. Maybe not.

I took a break a few weeks ago, and three good run days....I traded foolishly, and quickly. This time, it seems like perfect storms are developing all around me. Maybe Timothy Sykes is shorting my stocks so he stays ahead at covestor? lol

Anyway, I've not given up hope. I always thought good news helped a stock. Obviously, my current holdings are perfect examples of this not working. Still keeping the chin up, and still planning on a better week. This one has been disastrous.

Monstrous Monday Stock Picks - 07/13/09

2009-07-12T22:21:00.004-04:00

AMNE - http://stockcharts.com/h-sc/ui?s=AMNE&p=D&b=7&g=0&id=p34236631034

Although Friday continued to reach down into the .004s, I think we have seen a reversal for this one, and I expect some upward movement this week. Hold your breath though...I've been anxious to make a quick exit, because it's wearing on me.

CNB - http://stockcharts.com/h-sc/ui?s=CNB&p=D&b=7&g=0&id=p02799990623

It's gonna pinch. Give it this week.

CRBC - http://stockcharts.com/h-sc/ui?s=CRBC&p=D&b=7&g=0&id=p02799990623

I still like it. It's just a matter of time.

CYBL - http://stockcharts.com/h-sc/ui?s=CYBL&p=D&b=7&g=0&id=p34236631034

My missionary fund stock - I expect it to pinch this week.

CTDB - http://stockcharts.com/h-sc/ui?s=CTDB&p=D&b=7&g=0&id=p34236631034

Beautiful chart. Looks like the bottom is in.

DFSH - http://stockcharts.com/h-sc/ui?s=DFSH&p=D&b=5&g=0&id=p81533304155

May not be done yet, but I may take this one off soon. History rarely repeats itself.

FNM/FRE - http://stockcharts.com/h-sc/ui?s=FRE&p=D&b=7&g=0&id=p34236631034

I haven't lost faith in these two...wish I would have locked in at this lower price, but we'll see what happens this week. Hopefully good news comes.

IDOI - http://stockcharts.com/h-sc/ui?s=IDOI&p=D&b=7&g=0&id=p02799990623

I hope this one launches....soon.

LGTT - http://stockcharts.com/h-sc/ui?s=LGTT&p=D&b=7&g=0&id=p02799990623

I'm a glutton for punishment. Lord, please get me out of this one.

OMEX - http://stockcharts.com/h-sc/ui?s=OMEX&p=D&b=7&g=0&id=p34236631034

This is a long-termer. I think it will go....but it's almost like EROC or SQNM...you never know when it will go.

SPNG - http://stockcharts.com/h-sc/ui?s=SPNG&p=D&b=7&g=0&id=p02799990623

Not my favorite stock, but definitely has some potential. Getting a number of contracts and acquistions. Currently in accumulation, I think this one could get some traction soon.

STSI - http://stockcharts.com/h-sc/ui?s=STSI&p=D&b=7&g=0&id=p02799990623

Beautiful pincher pattern setting up. Don't forget about it.

WNBD - http://stockcharts.com/h-sc/ui?s=STSI&p=D&b=7&g=0&id=p02799990623

I expect this one to be tremendous. First resistance at .023 and .024. Could be a real barn burner. Hopefully the bottom is in.

More to watch: XIDE, FRP, BLGM, SYNJ, LEE, BCLE, FRNTQ, LEAR, SGCP

Firestorm Friday Blog - 07/10/09

2009-07-10T04:56:00.003-04:00

This has been a fairly sideways week for me. I haven't traded much, and have held on to most of my stocks. Some I can't trade...I refuse to take a loss on them. I hate holding for long periods of time, but sometimes the nature of the beast forces you to hold or take the loss. I have found that too many times I have traded too soon, and lost the moola because of my impatience. Remember, you only lose money if you sell. That sounds simple doesn't it? Sure, the worth of a stock may decrease, but once you click the "sell" button, and you are in the negative, then you lose money.

This was a hard concept for me, and there will always be times that taking a loss short term is better than long term. Consider my last year's debacle: FMT. or FMNT. or FMTNQ. It changed hands so many times I can't remember them all. But I played russian roulette and lost. Badly. Should have sold on the first day the stock took a hit. Bought in at .52 and thought it would rebound...as a newbie, all the message board "gurus" said it would be ok...no big deal. I could have sold at .42 and taken a small loss, but continued to hold. Then, I finally sold 2 months later on a peak day of .12 and realized my stupid mistake.

5 Stupid Mistakes I've learned:

Message boards feed on new traders...it's like the slickbacked used car salesman. They are looking for the next sucker to pull in.
Don't risk everything on one stock. This is just plain stupid. Diversify, even if in half.
Patience costs money. 9 out of 10 times you will not find the bottom selling price. Don't panic. Expect to lose some initally, and plan for when you place an order.
Set your loss limits AND your gain limits. Getting greedy always has a cost.
Never ever place a market order or buy more stock than you can feasibly sell. I could buy 5million shares of AMNE, but if the daily average is 3million, this almost becomes impossible to take advantage of pps increases and spikes.

I don't expect to see a tremendous change today, as it's Friday, and the middle of July. Many of my stocks are not Friday runners, so it may be a good time to average down or pick up some good deals. I do expect some runs on IDOI, WNBD, and SPNG though. All three had news yesterday, so maybe we will have a delayed run. The news for SPNG was too good not to run, and quite frankly am surprised at the current price.

I'm going to be working on some new things for the site, and hopefully the next few months will offer much more than it currently is today. Good luck today, and hope you have a great weekend.

Thundrous Thursday Stock Picks - 07/09/09

2009-07-08T21:47:00.004-04:00

AMNE - http://stockcharts.com/h-sc/ui?s=AMNE&p=D&b=7&g=0&id=p34236631034

This stock will eventually pay off, but when? I can't tell you. I have lost all patience with it, but I'm in too deep to sell. Just when I think the bottom has been reached, it dips a little lower. I'm holding, because I think it will be the next BEHL, but I can't tell you when it will take off. It does have a number of good things going for it.

CRBC - http://stockcharts.com/h-sc/ui?s=CRBC&p=D&b=7&g=0&id=p02799990623

It's setting new lows every day, but soon the bottom will be in and an opportunity for a good gain.

CYBL - http://stockcharts.com/h-sc/ui?s=CYBL&p=D&b=7&g=0&id=p34236631034

Got in today with a small amount. This is for my missionary fund. Will hold regardless.

CTDB - http://stockcharts.com/h-sc/ui?s=CTDB&p=D&b=7&g=0&id=p34236631034

Beautiful chart. Will be my next pick once a bottom is established.

DFSH - http://stockcharts.com/h-sc/ui?s=DFSH&p=D&b=5&g=0&id=p81533304155

Wish I would have jumped on it when I said I was going to. Jumped 50% today. Next resistances are .24, .25, .30. Watch for the morning pull back.

FNM/FRE - http://stockcharts.com/h-sc/ui?s=FRE&p=D&b=7&g=0&id=p34236631034

I haven't lost faith in these two, but I'm quite surprised. There has been some good news to move this one, but it follows the market. Really risky right now.

IDOI - http://stockcharts.com/h-sc/ui?s=IDOI&p=D&b=7&g=0&id=p02799990623

Huge volume...Great potential to bust through the .0030 & .0033 resistances. Next stop .0057.

OMEX - http://stockcharts.com/h-sc/ui?s=OMEX&p=D&b=7&g=0&id=p34236631034

I think the bottom is in for this one. Had a small retracement, but I think the future looks good.

STSI - http://stockcharts.com/h-sc/ui?s=STSI&p=D&b=7&g=0&id=p02799990623

Beautiful pincher pattern setting up. Don't forget about it.

WNBD - http://stockcharts.com/h-sc/ui?s=STSI&p=D&b=7&g=0&id=p02799990623

I expect this one to be tremendous. First resistance at .023 and .024. Could be a real barn burner. Hopefully the bottom is in.

More to watch: XIDE, FRP, BLGM, SYNJ, LEE, BCLE, FRNTQ, LEAR, SGCP

Moved off: ACII, CT, DPBE, EESO, ETFC,

Wednesday's Empty Bucket Blog - 07/08/09

2009-07-07T21:57:00.002-04:00

I'm not sandbagging on my picks...I have full confidence in the array that is currently standing.

However....

Every scan that I have set up currently is showing everything in a downward trend. I guess if you've never shorted before, now's the time. Chances are, you will win. Don't buck the trend until a bottom is evident. As I posted on Monday, the drum beat keeps going, and despite such doom and gloom, I'm thankfully still making money.

IDOI took off today, and should have a good run tomorrow. AMNE is faithful at parking at .005. SPNG got a late day shot in the arm, and may have a good jump tomorrow. LGTT needs a lifevest (again). OSCI is uncertain, an WNBD took a small retracement, but has some great potential. I think it's being hyped some, but I could care less about the company. Just show me the money, and I'll be glad to move on.

I'll be searching tomorrow for any changes to the current picks. My one outlier is EESO...I don't like it for short term.

Monstrous Monday Stock Blog 07/06/09

2009-07-05T21:10:00.003-04:00

Guess what? We're doomed.....We're all doomed..... That's the essence of all the headlines I'm reading...And truth is....no one knows what will happen. But let's keep beating the drum long enough, and what will happen?

For all those geeky Star Wars fans (don't worry, I'm one of them), when General Grevious tells Obi-wan Kenobi, "You must realize YOU....ARE....DOOMED". I feel like I've travelled to a galaxy far, far away. News reports, commentary, doomsday prophecies, retrospective chart diagrams.....Yes, I could probably mimic them all. Let's line out some known facts, and you can determine for yourself:

We've had the largest debacle in history of global finance. People spent a lot more than they could afford, and everything came to a screeching halt. (Boy, that's a shock).
Our government is flushing lots of dollars at lost causes. (Let's give more to BK companies, ok?)
Unemployment is bad...not horrific, but bad. (So much for arguing with my boss, right?)
The individual savings per person is going up. (This is debatable...I have yet to escape crowded Walmart without being hit by another buggy)
And here is a shocker.....Markets go Up and DOWN.... (Really? You've got to be kidding...)

As a disclaimer, I am not a financial guru. I cannot tell you with all the matrices, charts and graphs, financial lexicons and jargon what the truth of all things equate to. Here's a startling thought though...Where were all these knuckleheads 3 years ago? How about one year ago? Did warning bells not go off then? Did we not have all the computer models and pretty spreadsheets to tell us we were in for a near collapse of our economy?

So we give doomsday reporters more steam and fuel their fire. Here's startling thought number two....What season are we in? Do we expect dramatic recovery while people are trying to scrounge enough money to take a small vacation with the family? Are we that naive to think that summer isn't a slow time in the market? Even stock traders take vacations....

I had to get this out of my system, but truth be told, be careful and take profits. I recently lost a good run...I bought BIEL at .011 and sold at .015, only to see the stock climb to .049. I lost a few hundred percent, but still cleared profit. Pennies are taking steep declines before they reach the resistances, and it's hard to tell what will continue and what won't. I have been subject to the pump and dump too many times, and the hopes of that future spike to previous levels never seems to come, nor will it come. Accept that, and you'll make money.

Pennies and Pinkies are not usually susceptible to the fluctuations of the Dow and Nasdaq, but recently they have been. So, I'm not risking my profits...you shouldn't either. Last week was somewhat of a sideways week...I expect July to be a great month, despite the doomsday messages going forth.

Monstrous Monday Stock Picks - 07/06/09

2009-07-04T14:16:00.003-04:00

ACII - http://stockcharts.com/h-sc/ui?s=ACII&p=D&b=7&g=0&id=p34236631034

Volume isn't the greatest, especially for a sub-penny, but for some reason this is drawing my attention...either it's the recent volume or the pincher on the ppo. Watch for it.

AMNE - http://stockcharts.com/h-sc/ui?s=AMNE&p=D&b=7&g=0&id=p34236631034

Still in it, and expect some upward movement soon. I know I've said this often, but it's bound to take off shortly. Though it dipped Friday at .0047 (which I picked up some add'l shares), I still think that it is accumulating for some upward growth. They are expecting to announce details on the forward split soon too.

CYBL - http://stockcharts.com/h-sc/ui?s=CYBL&p=D&b=7&g=0&id=p34236631034

I'll try again on Monday for .0008. I still think this one will grow by leaps and bounds.

CT - http://stockcharts.com/h-sc/ui?s=CT&p=D&b=5&g=0&id=p70307335933

The doji on Friday marks indecision, but the MACD and ADX tell a different story. Good gains, and less risky for the trader IMO.

CTDB - http://stockcharts.com/h-sc/ui?s=CTDB&p=D&b=7&g=0&id=p34236631034

I haven't jumped in yet, just waiting. Doji on this one too. Looks like a bottom to me. Will try to jump in on Monday if possible.

DPBE - http://stockcharts.com/h-sc/ui?s=DPBE&p=D&b=7&g=0&id=p34236631034

Volume is the problem, and resistances are really close. Watch this one. If it breaks past .0027, it could have enough strength to break the Ma50 at .0030. It started a reversal, so I don't know which way it is headed right now.

DFSH - http://stockcharts.com/h-sc/ui?s=DFSH&p=D&b=5&g=0&id=p81533304155

It's time to buy buy buy IMO. I try to jump in on Monday.

EESO - http://stockcharts.com/h-sc/ui?s=EESO&p=D&b=5&g=0&id=p81533304155

This one is not done yet. Flat-lining now, but should see some action by next week.

ETFC - http://stockcharts.com/h-sc/ui?s=etfc&p=D&b=5&g=0&id=p70307335933

It's got momo and broke through some resistances today. Next stop 1.55-1.60.

FNM/FRE - http://stockcharts.com/h-sc/ui?s=FRE&p=D&b=7&g=0&id=p34236631034

Starting to creep back up to the .70 range. Let's hope for a breakout this week.

OMEX - http://stockcharts.com/h-sc/ui?s=OMEX&p=D&b=7&g=0&id=p34236631034

Pincher pattern formed and ready. It's just beautiful. I'm in it, and glad of it.

More to watch: AMD, SANM, CRBC, XIDE, FRP, BLGM, SYNJ, LEE, BCLE, FRNTQ,

Thundrous Thursday Stock Picks - 07/02/09

2009-07-01T22:24:00.008-04:00

AMNE - http://stockcharts.com/h-sc/ui?s=AMNE&p=D&b=7&g=0&id=p34236631034

It's just a matter of time & patience. I'll try to scarf some more up at .005 if I can.

CYBL - http://stockcharts.com/h-sc/ui?s=CYBL&p=D&b=7&g=0&id=p34236631034

Let's hope the bottom is in. I had a buy order in all day at .0008 with no takers.

CT - http://stockcharts.com/h-sc/ui?s=CT&p=D&b=5&g=0&id=p70307335933

Pretty nice one. Good gains, and less risky for the trader IMO.

CTDB - http://stockcharts.com/h-sc/ui?s=CTDB&p=D&b=7&g=0&id=p34236631034

This will be the first one I jump on in the morning if I can. Pincher pattern, RSI is higher than 30 though.

DPBE - http://stockcharts.com/h-sc/ui?s=DPBE&p=D&b=7&g=0&id=p34236631034

Volume is the problem, and resistances are really close. Watch this one. If it breaks past .0027, it could have enough strength to break the Ma50 at .0030.

DFSH - http://stockcharts.com/h-sc/ui?s=DFSH&p=D&b=5&g=0&id=p81533304155

Volume is the handicap for this one. It was trading upto a million shares not long ago, so let's watch this one.

EESO - http://stockcharts.com/h-sc/ui?s=EESO&p=D&b=5&g=0&id=p81533304155

This one is not done yet. Flat-lining now, but should see some action by next week.

ETFC - http://stockcharts.com/h-sc/ui?s=etfc&p=D&b=5&g=0&id=p70307335933

It's got momo and broke through some resistances today. Next stop 1.55-1.60.

FNM/FRE - http://stockcharts.com/h-sc/ui?s=FRE&p=D&b=7&g=0&id=p34236631034

The dip this week today too.scared me, but the truth of the matter is that this one will fly, just about when. Better news

OMEX - http://stockcharts.com/h-sc/ui?s=OMEX&p=D&b=7&g=0&id=p34236631034

Pincher pattern forming. It's just beautiful. I'm in it, and glad of it.

SRSR - http://stockcharts.com/h-sc/ui?s=SRSR&p=D&b=7&g=0&id=p34236631034

Time to move on.

VSTN - http://stockcharts.com/h-sc/ui?s=VSTN&p=W&b=5&g=0&id=p42353008844

Time to move on.

More to watch: WWON, EESO, AMD, SANM, CRBC, XIDE

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

2009-06-30T22:52:00.002-04:00

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.

Stock Picks - 06/30/09

2009-06-29T22:08:00.001-04:00

AMNE - http://stockcharts.com/h-sc/ui?s=AMNE&p=D&b=7&g=0&id=p34236631034

Let's hope we've seen the end of .005. She is ready to go, fingers crossed for this week.

CYBL - http://stockcharts.com/h-sc/ui?s=CYBL&p=D&b=7&g=0&id=p34236631034

The pinch was denied, but I have a good feeling about this one. The doji indicates indecision, so let's wait and see what happens.

DPBE - http://stockcharts.com/h-sc/ui?s=DPBE&p=D&b=7&g=0&id=p34236631034

The pinch is on. Strong trading activity for this level of stock.

FNM/FRE - http://stockcharts.com/h-sc/ui?s=FRE&p=D&b=7&g=0&id=p34236631034

Lots of interest, volume, and good price. As I said previously, it was getting ready to pop and I still think it can generate some good percentage points for you.

DFSH - http://stockcharts.com/h-sc/ui?s=NFLDQ&p=D&b=7&g=0&id=p34236631034

Volume is the handicap for this one. It was trading upto a million shares not long ago, so let's watch this one.

OMEX - http://stockcharts.com/h-sc/ui?s=OMEX&p=D&b=7&g=0&id=p34236631034

Pincher pattern forming. Should get close this week.

SRSR - http://stockcharts.com/h-sc/ui?s=SRSR&p=D&b=7&g=0&id=p34236631034

I predicted this one last week. I still think it has room to run.

VSTN - http://stockcharts.com/h-sc/ui?s=VSTN&p=W&b=5&g=0&id=p42353008844

I still think it has a chance. Will be on the sidelines watching.

More to watch: ETFC, WWON, EESO, AMD, GNBT, SANM, CRBC, XIDE

Thermal Tuesday Stock Blog - 06/30/09

2009-06-29T20:58:00.009-04:00

Well, after a short hiatus, I'm back again. I've got a few great stocks I've been watching over the last two trading sessions, and I'll get to share them with you here.

As for Monday's trading activity, I was a little surprised at how positive and green the day was. BIEL had been a pick from last week, I bought on impulse, and surprisingly did well today. I sold at .015, figuring that it would stabilize, but continued the run. I wouldn't give it much more than the first half hour of the trading day to pullback. History repeats itself with this one.

Yes, I did stupid again. I bought LGTT. I guess I'm a glutton for punishment. But this one should have a good run..I mean look at the 148 million shares traded. This should mean something. It doubled the highest trading day for this company, so I would say that something good is about to happen. In at .0025. Aside from the gut feeling, it broke through the parsar, and the Ma50. Needless to say, I'm planning on a good run this week (hopefully tomorrow).

Expecting good days tomorrow on AMNE, IGNT, and IDOI. Lots of volume on each of this, so I'm hoping for an early fireworks display.

My solo dog, OSCI, has been flirting with .20 and I hope that it will find some resurgence soon. I'm on the backhalf of a bad trade, and hoping to get out. Once it caved through the Ma50, it has yet to get legs. Let's hope that it can find a small measure of steam to cut my losses.

All of my picks and watch items will now be located on the stock picks tab. If you'd rather not read my ramblings, bookmark the picks. Have a great day and hope you find success today.

New Blog Layout

2009-06-28T21:38:00.001-04:00

I'm working on the new blog, so please bear with me. I think this will service my needs into the future, and accomplish what I hope to become a successful avenue to communicate. Please let me know if you are having any difficulty viewing.

Thanks!!

Daily Stock Challenge

2009-06-28T21:14:00.001-04:00

Working on getting this up and running. Will be posting here soon.

Stock Picks - 06/22/09

2009-06-28T18:47:00.000-04:00

AMNE - http://stockcharts.com/h-sc/ui?s=AMNE&p=D&b=7&g=0&id=p34236631034

Holding on at .006. In accumulation.

BCLE - http://stockcharts.com/h-sc/ui?s=BCLE&p=D&b=7&g=0&id=p34236631034

If one can wish for a remake of the last two recent runs, this would be the stock to be in.

EESO - http://stockcharts.com/h-sc/ui?s=EESO&p=D&b=7&g=0&id=p34236631034

Let's hope for a good week. My patience is running out.

FNM/FRE - http://stockcharts.com/h-sc/ui?s=FRE&p=D&b=7&g=0&id=p34236631034

Lots of interest, volume, and good price. As I said previously, it was getting ready to pop and I still think it can generate some good percentage points for you.

NFLDQ - http://stockcharts.com/h-sc/ui?s=NFLDQ&p=D&b=7&g=0&id=p34236631034

This one should surely hit rock bottom soon. Just to watch.

OMEX - http://stockcharts.com/h-sc/ui?s=OMEX&p=D&b=7&g=0&id=p34236631034

Just to watch. Pincher pattern forming. Should get close this week.

SRSR - http://stockcharts.com/h-sc/ui?s=SRSR&p=D&b=7&g=0&id=p34236631034

Don't be surprised if this one breaks out. I'm liking the chart. Let's watch and see.

VSTN - http://stockcharts.com/h-sc/ui?s=VSTN&p=W&b=5&g=0&id=p42353008844

I like it. I like it a lot. Pincher pattern has already elipsed, but I still think it has strength.

EBHI - http://stockcharts.com/h-sc/ui?s=EBHI&p=D&b=7&g=0&id=p34236631034

Bankrupcy plays are always fun. This has limited shelf life though.

TTRIF - Not available on Stock Charts

I like this one too. Seems to be coming up on my scans a lot lately.

Stock Blog - 06/22/09

2009-06-21T20:28:00.015-04:00

Another adjustment day on Friday but not to worry. Still looking for another strong week ahead. I hate Friday trading sessions with a passion. Nine out of ten times you can buy whatever you are holding cheaper on Friday.

IGNT did not perform as I had expected, dropping into the .008s. Hopefully this is accumulation. Too much good news and too many shares traded not to recover. HAYZQ had some additional volume....Not too sure on this one, but seems to have found a bottom. Still holding EESO and AMNE. Bought SPNG on Thursday, and looks like it will have a good run relatively soon. If you bought BCLE, you need to label it as a long termer. It is not a pump and dump, so don't treat it as one.

Abandoning the 10% challenge until I have more time in a couple weeks. Still doing the class work for Six Sigma certification, and I will say that my posts will be limited this week. This class is very intense and yet it's like reading an encyclopedia. I test on it next week, so until it's over, you can follow my trades on Covestor.

Firestorm Friday Stock Picks - 06/19/09

2009-06-19T18:50:00.000-04:00

AMNE - http://stockcharts.com/h-sc/ui?s=AMNE&p=D&b=7&g=0&id=p34236631034

Holding on at .006. In accumulation.

BCLE - http://stockcharts.com/h-sc/ui?s=BCLE&p=D&b=7&g=0&id=p34236631034

Started some movement today. If one can wish for a remake of the last two recent runs, this would be the stock to be in.

EESO - http://stockcharts.com/h-sc/ui?s=EESO&p=D&b=7&g=0&id=p34236631034

Jumped, and looks good for tomorrow.

FNM/FRE - http://stockcharts.com/h-sc/ui?s=FRE&p=D&b=7&g=0&id=p34236631034

Lots of interest, volume, and good price. As I said previously, it was getting ready to pop and I still think it can generate some good percentage points for you. News killed this one today, but it still can run.

NFLDQ - http://stockcharts.com/h-sc/ui?s=NFLDQ&p=D&b=7&g=0&id=p34236631034

This one should surely hit rock bottom soon. Just to watch.

OMEX - http://stockcharts.com/h-sc/ui?s=OMEX&p=D&b=7&g=0&id=p34236631034

Just to watch. Pincher pattern forming.

SRSR - http://stockcharts.com/h-sc/ui?s=SRSR&p=D&b=7&g=0&id=p34236631034

Don't be surprised if this one breaks out. I'm liking the chart. Let's watch and see. I'll probably jump on this one today.

VSTN - http://stockcharts.com/h-sc/ui?s=VSTN&p=W&b=5&g=0&id=p42353008844

I like it. I like it a lot. Pincher pattern has already elipsed, but I still think it has strength.

Firestorm Friday Blog - 06/19/09

2009-06-18T19:18:00.008-04:00

Today was an adjustment day, and after the last five days I've had, I can't complain at all. And for the most part, it was just sideways. I wanted to claim my gains, and thankfully I did that.

SYNJ started out of the gate fast, then did the typical stop, drop, and roll. Got out with a good profit. EESO did the same, however, I feel it has more strength than SYNJ. I stayed in EESO. On recommendation, I bought IGNT, which just released news after hours:

YUCAIPA, Calif., June 18, 2009 (GLOBE NEWSWIRE) -- Ingen Technologies, Inc. (Pink Sheets:IGNT -News) a leading Medical Device Manufacturer focused in the $8 Billion global Respiratory Markets for the growing ageing population and emerging markets for Home (DME), Hospital and Aviation Industries announced today that the company increased the first shipment of Oxyview-Nasal Cannula orders from 10,000 to 62,000 units, and increased production inventory for June to 100,000 units for a revenue value of $2.8 million.

So hopefully, this will propel some upward movement tomorrow. BCLE has started a good run, and I wish I had bought more, but you can't win them all. I think it will continue tomorrow. HAYZQ is in accumulation and has a parking space at the .07 mark. I have a feeling this one will take awhile.

My 10% candidates for today were: ABK (1.24 to 1.25, +2%), FRE (.68 to .72, +2%), and ASTM (.37 to .46, +29%). ASTM was on fire today.

My 10% candidates for today are: ABK, FRE/FNM, ASTM. I still like em.

Thundrous Thursday Stock Picks - 06/18/09

2009-06-18T18:53:00.000-04:00

AGEN - http://stockcharts.com/h-sc/ui?s=AGEN&p=D&b=7&g=0&id=p34236631034

My gut tells me this isn't done yet. Looks like it's accumulating for another run to 3.00+.

AMNE - http://stockcharts.com/h-sc/ui?s=AMNE&p=D&b=7&g=0&id=p34236631034

One message board posted a comment that it looks like .006 must be a parking spot for this on. Keep holding. I think still she's ready to take off soon. Supports are at .005 and .006. Resistances are at .009,.0093,.019, .021. I'm targeting .001 - .0015.

BCLE - http://stockcharts.com/h-sc/ui?s=BCLE&p=D&b=7&g=0&id=p34236631034

Peaked its head above oversold last week, and looks like a pseudo-pincher is forming. Leveling off - let's see what happens today and tomorrow. It's getting close.

CRBC - http://stockcharts.com/h-sc/ui?s=CRBC&p=D&b=7&g=0&id=p34236631034

Took a healthy dip today, but I believe it has some good strength. Should recover from here, but with it being a financial, proceed with caution. I like it alot..bought some yesterday.

EESO - http://stockcharts.com/h-sc/ui?s=EESO&p=D&b=7&g=0&id=p34236631034

Jumped, and looks good for tomorrow. Watch the morning pump and dump.

FNM/FRE - http://stockcharts.com/h-sc/ui?s=FRE&p=D&b=7&g=0&id=p34236631034

NFLDQ - http://stockcharts.com/h-sc/ui?s=NFLDQ&p=D&b=7&g=0&id=p34236631034

This one should surely hit rock bottom soon. Just to watch.

OMEX - http://stockcharts.com/h-sc/ui?s=OMEX&p=D&b=7&g=0&id=p34236631034

Just to watch. Pincher pattern forming.

SRSR - http://stockcharts.com/h-sc/ui?s=SRSR&p=D&b=7&g=0&id=p34236631034

Don't be surprised if this one breaks out. I'm liking the chart. Let's watch and see. I'll probably jump on this one today.

SYNJ - http://stockcharts.com/h-sc/ui?s=SYNJ&p=D&b=7&g=0&id=p34236631034

Has had some tremendous strength, and think it will continue. Bullish engulfing pattern.

Thundrous Thursday Blog - 06/18/09

2009-06-18T18:00:00.000-04:00

What a phenomenal day on Wednesday. I am very grateful for the day - a 25% increase in my account. Very thankful for my stock picks and how they performed.

SYNJ had a surprise run....I was ready to give up the ghost on it. It hit .14 and I started sweating bullets. But thankfully, some crazy spark hit, and then it took off. It has a bullish engulfing pattern, so today should at least have a spike in the AM. I'll not hold it for long...trust me.

EESO also took off. I knew it had potential based on the chart. Let's see where it goes today. I have no faith in continued runs for penny stocks. The message boards make all pennies sound like the best thing since sliced bread, but truthfully, they are penny stocks for a reason.

My 10% candidates for yesterday were: ABK (1.29 to 1.22, -5.5%), FRE (.72 to .68, -5.5%), and ASTM (.3752 to .378, +1%). Not my expections. We'll keep trying.

My 10% candidates for today are: ABK, FRE/FNM, ASTM. I still like em.

Hot N Wild Wednesday Stock Picks - 06/17/09

2009-06-17T18:57:00.001-04:00

AMNE - http://stockcharts.com/h-sc/ui?s=AMNE&p=D&b=7&g=0&id=p34236631034

Started to run, but awfully wacky...hit .0065 support. I think still she's ready to take off. Supports are at .005 and .006. Resistances are at .009,.0093,.019, .021. I'm targeting .001 - .0015.

BCLE - http://stockcharts.com/h-sc/ui?s=BCLE&p=D&b=7&g=0&id=p34236631034

Peaked its head above oversold last week, and looks like a pseudo-pincher is forming. Leveling off - let's see what happens today and tomorrow. Watch for now.

CRBC - http://stockcharts.com/h-sc/ui?s=CRBC&p=D&b=7&g=0&id=p34236631034

Good for a few percentage points - MACD ready to cross over. Took a dip today - not to worry. Has a number of resistances between 1.25 - 1.67.

EBOF - http://stockcharts.com/h-sc/ui?s=EBOF&p=D&b=7&g=0&id=p34236631034

MACD ready to cross into positive atmosphere. Consistent volume, but who knows with this one? No idea on a target for this one.

EESO - http://stockcharts.com/h-sc/ui?s=EESO&p=D&b=7&g=0&id=p34236631034

Jumped into this one early at .0042 - I think it has some potential for a good run.

EROC - http://stockcharts.com/h-sc/ui?s=EROC&p=D&b=7&g=0&id=p34236631034

As I said yesterday, this one could still pop. I said to 3.77 and it hit 3.65. Let's see what happens today.

FNM/FRE - http://stockcharts.com/h-sc/ui?s=FRE&p=D&b=7&g=0&id=p34236631034

Lots of interest, volume, and good price. As I said previously, it was getting ready to pop and I still think it can generate some good percentage points for you.

LGAL - http://stockcharts.com/h-sc/ui?s=LGAL&p=D&b=7&g=0&id=p34236631034

Predicted the last spike, and I think this one has still got some life. Looks like it's ready to go again. Wait.

NEOM - http://stockcharts.com/h-sc/ui?s=NEOM&p=D&b=7&g=0&id=p34236631034

Proceed with caution. Could get some gains on this one, but it looked like it would generate a positive way two weeks ago, and dropped. Watch.

NFLDQ - http://stockcharts.com/h-sc/ui?s=NFLDQ&p=D&b=7&g=0&id=p34236631034

This one should surely hit rock bottom soon. Just to watch.

SRSR - http://stockcharts.com/h-sc/ui?s=SRSR&p=D&b=7&g=0&id=p34236631034

Don't be surprised if this one breaks out. I'm liking the chart. Let's watch and see.

SYNJ - http://stockcharts.com/h-sc/ui?s=SYNJ&p=D&b=7&g=0&id=p34236631034

Has had some tremendous strength, and think it will continue. Continue to watch this one. Hoping for a good rebound at this level. It broke the .002 support, which worries me. Let's watch and see.

Hot N Wild Wednesday Blog - 06/17/09

2009-06-17T09:00:00.007-04:00

I finally received some input from Sogotrade, and I'm starting to like their platform to more I use it. Will continue to advise on this one.

My 10% candidates for yesterday were: OSCI (opened at .26, high of .3098), FRE/FNM (opened at .67, high of .78). XOMA & BCON didn't make it. 50/50 today.

My 10% candidates for today are: ABK, FRE/FNM, ASTM

Thermal Tuesday Stock Picks - 06/16/09

2009-06-16T19:01:00.000-04:00

AMNE - http://stockcharts.com/h-sc/ui?s=AMNE&p=D&b=7&g=0&id=p34236631034

Started to run, but pulled back to the .006 support. I think she's ready to take off. Supports are at .005 and .006. Resistances are at .009,.0093,.019, .021. I'm targeting .001 - .0015

BCLE - http://stockcharts.com/h-sc/ui?s=BCLE&p=D&b=7&g=0&id=p34236631034

Peaked its head above oversold last week, and looks like a pseudo-pincher is forming. Leveling off - let's see what happens today and tomorrow. Watch for now.

CRBC - http://stockcharts.com/h-sc/ui?s=CRBC&p=D&b=7&g=0&id=p34236631034

Good for a few percentage points - MACD ready to cross over. Has a number of resistances between 1.25 - 1.67.

EBOF - http://stockcharts.com/h-sc/ui?s=EBOF&p=D&b=7&g=0&id=p34236631034

MACD ready to cross into positive atmosphere. Consistent volume, but who knows with this one? No idea on a target for this one.

EESO - http://stockcharts.com/h-sc/ui?s=EESO&p=D&b=7&g=0&id=p34236631034

Volume and pincher forming. It's one disadvantage is that it's a top 20 on Ihub. I'll wait till I see .0025..at least.

EROC - http://stockcharts.com/h-sc/ui?s=EROC&p=D&b=7&g=0&id=p34236631034

Was on the list for awhile, and pinched. Looks like it's not through yet. If it hits 3.30, this could rebound to 3.77. Wait.

FNM/FRE - http://stockcharts.com/h-sc/ui?s=FRE&p=D&b=7&g=0&id=p34236631034

Lots of interest, volume, and good price. Broke .70 on Friday, and it's below some key resistances. Wait and watch. Good buy in would be between .60-.63. When this one is ready, watch out. It's motivated a lot by news.

LGAL - http://stockcharts.com/h-sc/ui?s=LGAL&p=D&b=7&g=0&id=p34236631034

Predicted the last spike, and I think this one has still got some life. Looks like it's ready to go again. Wait.

LGTT - http://stockcharts.com/h-sc/ui?s=LGTT&p=D&b=7&g=0&id=p34236631034

Praise God, I can take this off my list. Could hit .006, but I wouldn't count on it.

NEOM - http://stockcharts.com/h-sc/ui?s=NEOM&p=D&b=7&g=0&id=p34236631034

Proceed with caution. Could get some gains on this one, but it looked like it would generate a positive way two weeks ago, and dropped. Watch.

NFLDQ - http://stockcharts.com/h-sc/ui?s=NFLDQ&p=D&b=7&g=0&id=p34236631034

This one should surely hit rock bottom soon. Just to watch.

SYNJ - http://stockcharts.com/h-sc/ui?s=SYNJ&p=D&b=7&g=0&id=p34236631034

Has had some tremendous strength, and think it will continue. A Doji star on Friday is a signal of indecision...Took a little downturn today, but held the .0021 support very good. I think this is building and accumulating. Potentially upwards to .006 or higher. If it breaks the .002 support, watch out below.

Thermal Tuesday Stock Blog - 06/16/09

2009-06-16T09:00:00.004-04:00

Great day today. AMNE held firm. I was able to get out of that hemmoriod LGTT. Bought BEHL and it soared. So needless to say, I'm feeling rather good right now. As many bloggers have expressed (including myself), the last two weeks has been brutal. My last two days though, has made up the difference. My account increased overall by 20% on Friday, and 20% again today. I don't want to jinx it, but I was starting to get a little nervous.

BEHL popped up on my scans, and I had to jump in. So far so good. SYNJ held it's ground with a little pullback, but we'll have to wait and see. Looks like accumulation.

I've also been using Sogotrade for my 10% account. I shorted AXL at 4.12 and bought back at 3.53. I started with $2000. My 10% account is now at $2286. I'll keep you posted on this, but I'll tell you two things I already don't like about Sogotrade:

1) I have emailed them twice, and have yet to receive a response. Nothing aggravates me more than negligence.

2) They don't do sub-penny stocks, which I thought they did. Sub-pennies have been my bread and butter for the last year...so I know this won't work for me.

Clean profile..a little cumbersome. But trades are only $3 as compared to Scottrade's $7. So, over time, it will add up.

My 10% candidates for tomorrow: OSCI, FRE/FNM, XOMA, or BCON

Monstrous Monday Stock Picks - 06/15/09

2009-06-15T19:07:00.001-04:00

AMNE - http://stockcharts.com/h-sc/ui?s=AMNE&p=D&b=7&g=0&id=p34236631034

Pulled back slightly, but no fear...I think it's ready for another run. Really strong base and volume, and product.

BCLE - http://stockcharts.com/h-sc/ui?s=BCLE&p=D&b=7&g=0&id=p34236631034

Peaked its head above oversold last week, and looks like a pseudo-pincher is forming. Leveling off - let's see what happens today and tomorrow.

CRBC - http://stockcharts.com/h-sc/ui?s=CRBC&p=D&b=7&g=0&id=p34236631034

Good for a few percentage points - MACD ready to cross over.

EBOF - http://stockcharts.com/h-sc/ui?s=EBOF&p=D&b=7&g=0&id=p34236631034

MACD ready to cross into positive atmosphere. Consistent volume, but who knows with this one?

EESO - http://stockcharts.com/h-sc/ui?s=EESO&p=D&b=7&g=0&id=p34236631034

Volume and pincher forming. It's one disadvantage is that it's a top 20 on Ihub.

EROC - http://stockcharts.com/h-sc/ui?s=EROC&p=D&b=7&g=0&id=p34236631034

Was on the list for awhile, and pinched. Looks like it's not through yet.

FNM/FRE - http://stockcharts.com/h-sc/ui?s=FRE&p=D&b=7&g=0&id=p34236631034

Lots of interest, volume, and good price. Broke .70 on Friday, and it's below some key resistances. Wait and watch.

LGAL - http://stockcharts.com/h-sc/ui?s=LGAL&p=D&b=7&g=0&id=p34236631034

Predicted the last spike, and I think this one has still got some life. Looks like it's ready to go again.

LGTT - http://stockcharts.com/h-sc/ui?s=LGTT&p=D&b=7&g=0&id=p34236631034

My faithful friend finally took off on Friday. We'll see what happens on Monday, but I expect profit taking.

NEOM - http://stockcharts.com/h-sc/ui?s=NEOM&p=D&b=7&g=0&id=p34236631034

Proceed with caution. Could get some gains on this one, but it looked like it would generate a positive way two weeks ago, and dropped.

NFLDQ - http://stockcharts.com/h-sc/ui?s=NFLDQ&p=D&b=7&g=0&id=p34236631034

This one should surely hit rock bottom soon. Just to watch.

SYNJ - http://stockcharts.com/h-sc/ui?s=SYNJ&p=D&b=7&g=0&id=p34236631034

Has had some tremendous strength, and think it will continue. A Doji star on Friday is a signal of indecision....Let's see what Monday holds.