Tag Archives: OREX

Watchlist for 3-27-2015 – $QUNR, $CNAT, $MAGS, $SEED, $AXN, $OREX

Today’s Plan:

Good day yesterday, trading $QUNR, $CNAT, $RADA, but of course majorly minimized gains. I’m working on this every day, for sure I have the solid ability to trade the right setups and be choosy on what I do. That is a big leap forward, but now, I have to get better at letting winners run.

VERY dry on scans this morning, going to be building a plan leading up to the open, because not many of these are that interesting.

Today’s List: Full list from Yahoo Finance

QUNR

LOTS of downside here, will look to short pops.

QUNR

CNAT

This probably fades into oblivion, but I’ll watch if it pops.

CNAT

MAGS

I was interested in this because of the big after hours spike, but looks like its given most of that back, if it can get a run up to those post market highs I’ll be watching.

mags

SEED

Same plan as yesterday, looking for pop to $2’s.

SEED

AXN

This is a solid fade setup, but I don’t have the patience for that, hoping for one more parabolic to scale into.

AXN

OREX

Solid news, but if you have followed me at all you know I always get short spikes for fat loss pills. And it seems to work about 75% of the time. I’ll continue with that strategy on this.

OREX

Watchlist for 3-9-2015 – $OREX, $AXN, $ZIOP, $EYES, $CRMD, $RIGL, $AVEO, $CAPN, $CYTX

Today’s Plan:

Lots on watch today, goal will be to watch premarket and whittle these down to about 5 watches. Being Monday I may start into trades a little earlier than normal. I have all day/week to build positions.

Today’s List: Full list from Yahoo Finance

OREX

Might be a “grudge trade” I profited nicely on this but overall really botched it. Fading back, watching for pops to short into.

Target: $7.50

OREX

AXN

Hoping this secondary spike runs hard, really like this as a short, but want a solid entry.

Target: $2.00

AXN

ZIOP

Another terrible but profitable trade from last week, with a little patience this could have been a home run.

Target: $13.70’s

ZIOP

EYES

To scary for me last week, but fear can be eliminated by proper position sizing. In hindsight this could have been a very nice trade with a 1/5 position size. Getting very long in the tooth.

Target: $18.00

EYES

CRMD

Still strong, saw a lot of guys fighting this last week. I will ignore until a parabolic move or when the gas runs out and it starts to fade.

Target: Parabolic $9-10-11, or fading

CRMD

RIGL

Covered early on this, but I see it is now spiking again. Probably just churning out all the late shorts.

Target: $3.80

RIGL

AVEO

Little bit of action pre market, but nothing that exciting. I’ll get interested if it goes up to the old highs.

Target: $2.00

AVEO

CAPN

Starting to run out of steam, looks to a solid fader. I will try to short into strength not weakness though, this has a tendency to pop, and if you chase, you’ll get squeezed out.

Target: Pops

CAPN

CYTX

Probably ready for the death run under $1. I would really like to scale into this short. But will use extreme patience and only enter on my terms.

Target: $1.20’s

CYTX

Watchlist for 3-4-2015 – $ATOS, $OREX, $NVGN, $EYES, $BIOC, $ONCY, $CYTX

Today’s Plan:

Another very solid day yesterday though my impatience killed me on both trades. Well actually just on one side of the trades, my entries were patient and kicked ass! Which has forever been one of my biggest issues, (not waiting for the best entry) but my exits were very poor. Could have DESTROYED $OREX had I held just a little longer.

Same plan for today, trade my list, and wait for my entries.

Today’s List: Full list from Yahoo Finance

ATOS

Watchlist 11-12-2014 – $UEC, $URRE, $JRJC, $OREX, $EKSO

Today’s Plan:

While I despise holding stocks overnight I have $UEC and $EKSO short. Both look to be setting up pretty nicely. I’ll admit with two positions to manage I’m a little distracted building a watchlist. But other than $JRJC nothing else really jumps out. Ideally I’ll be out of $UEC and $EKSO pretty quickly then I can transition to digging for post open late day fades.

Todays List:

Followup post to reiterate how much of an idiot I am… $OREX

A quick followup to this post from the other day, Part time shorting, AKA how to completely screw up and make $500 bucks..

If you take a quick peek at the chart below you will see concrete evidence of how much of an idiot I am. What kind of short seller covers into that kind of price action?!??!

Yes, again, I MADE MONEY, but giving up literally THOUSANDS of dollars of potential profits simply because of impatience is foolish.

It would be nice to say, “I’ll never do that again.” but if there is one lesson I’ve learned in trading, you will always make the same mistakes over and over. The key is to minimize the effects of those mistakes. Any trader that tells you he has not made the same mistake tens or hundreds of times is full of shit. Trading is like baseball, a game of mistakes.

Part time shorting, AKA how to completely screw up and make $500 bucks..

At times it is borderline amazing how with a little education, studying and hard work how ridiculously “easy” shorting pennystocks is. I spotted a break down in $OREX and decided to go short a couple thousand shares with the intention of holding a few days. After getting bored and seeing roughly $600 in profits I decided to cover yesterday morning. After getting filled I profited $464. Which was a complete and utter failure of execution.

Notice the annotated chart below you will see two circles. My entry and exit. Then follow the chart into today, you will see I gave up at least $1000 MORE in additional profits. Don’t get me wrong I’m not crying about making $500 in 10 minutes of work. I’m just trying to point out how highly lucrative shorting pennystocks can be! Especially when you consider the extremely low time commitment.

Watchlist – 7-2-2012 – $HNR, $HZNP, $OREX,

Super busy day slotted up today, hopefully it will be productive though. But because of that this list has medium to low effort put into it. I think all these stocks are solid shorts, but there could be many more that I just didnt find the time to dig up.

Am I still holding $HNR short, sheesh I wish I could say no, but the truth is yes. My logic is based on the fact that it just refuses to go up and appears to be sitting on the precipice of tipping over. I HATE holding stocks short multiple days, and this one is going on a week! I’ll be looking at any and all drops as potential exit points.

Full list from Yahoo Finance

HNR

HZNP

OREX