Watchlist – 6-28-2012 – $ENTR, $HNR, $HZNP, $OSIR

Well a complete debacle of trading yesterday…. I allowed myself to get squeezed on $HNR which was completely idiotic. Then as soon as their conference started the stock completely fell apart and dropped a dollar in minutes! Did I cover for a nice profit? NO! I could not find my keycard to login to $IBKR, so I was forced to franticly run around trying to find it, by the time I did the stock was roughly back to where I originally shorted it. So I decided to just ride it out another day. There were three decisions made in that process and ALL THREE of them were bad… I need to get out of this stock as fast as possible today, it is just not for me.

Glad to see that $ARNA can finally be completely pulled off my list, they received approval for their fat loss pill, which I highly doubt works and probably makes people crazier then bath salts, but anyway its approved I can move on to other stocks. Still pretty bummed I did not trade it ONCE over the last couple weeks.

I had high hopes for this week trading wise, but we are rapidly approaching the end of the week, and not much to brag about. But I’ve said it a million times, one of the greatest attributes of the stock market is there is always another day with another batch of new opportunities.

Full list from Yahoo Finance

ENTR

HNR

HZNP

OSIR

Watchlist – 6-26-2012 – $ARNA, $HNR, $OSIR, $SNTA,

I continue to be haunted by what could have been with $ARNA, after watching it all last week I failed to trade it in any way. Alas thats part of being a part timer I suppose, but truly heart breaking to see it break down without me along for the ride. Stil watching $OSIR and $SNTA closely for a short, should have probably went long both of them already. While they are both crappy in their own right, I don’t think either will end up being as nice and easy of a short as $ARNA was/is. Not to mention shorts are hard to come by on $OSIR, I know they are out there, but my broker ($IBKR) has not had any, or if they have had them, they are all soaked up every time I check.

I went short $HNR late yesterday, gee guess why? Perhaps out of boredom? Hmm why else go short a NYSE stock that just got $700 million? I mean, I like the fading volume/price on the chart, but this stock could easily go no where for a looong time, meanwhile I’m wasting mental energy staring at it, cursing for it to fall apart. Considering I will be very busy and AFK a lot today, I’m just hoping for a quick drop that I can scalp. I have my alerts set and will be anxiously awaiting that SMS.

Full list from Yahoo Finance

ARNA

HNR

OSIR

SNTA

Watchlist – 6-25-2012 – $ARNA, $HNR, $OSIR

Hmmm, what to trade today? Tough day on the screens again, just not seeing anything that solid for a short setup. I may just have to look for momentum trades at the open. I don’t particularly care for going into the day with no plan, but when the setups aren’t there they just aren’t there. No amount of beating the bushes running scans will bring them out.

Full list from Yahoo Finance

ARNA

HNR

OSIR

Watchlist – 6-22-2012 – $ARNA, $IDNG, $OSIR

Well been a pretty crappy week to trade, non stop chop and just never been any great setups to short into. The two I’ve been yapping about all week $ARNA and $OSIR, just keep going up. I’ve never seen shares of $OSIR and every time I have a chance to short $ARNA it spikes.

Appears this week will not be it for those two. Other then that I made money this week but with a couple of non “pennystocking” trades. But I picked a funky week to get into more active trading.

At this point I’m just glad I’m going into Friday profitable. I’m going to do my best to NOT trade today unless something super tasty comes up. I really do not want to turn a profitable week in very non ideal conditions into a loser.

Full list from Yahoo Finance

ARNA

IDNG

OSIR

Watchlist – 6-21-2012 – $ARNA, $OSIR

Well I’ll be honest I’m mailing this list in today, I’ve just put about 10 minutes of effort into it. But I’m instructing two classes today: http://www.cmsinter.net/blog/?p=718 They each run about 4 hours usually so there is no way I’ll have time to trade. If I try and squeeze in some trading it will only distract me from what I need to get done. Thats part of the game as a part time trader, there will be days when you are just flat out of the markets. But hey, staying in cash is better then losing money.

Full list from Yahoo Finance

ARNA

OSIR

Watchlist – 6-20-2012 – $ARNA, $CIGX, $LQMT, $OSIR, $PVA

Today’s list is of shorts is so mediocre I’m going to really struggle to make any comments. Whoops I actually have a buy in here as well, $LQMT, is a short term buy based on $AAPL hype. I have no idea how big their partnership with $AAPL is, but if the main stream media gets a hold of it, it can pop for sure. I just hope I’m in and out today and not trapped in this annoying thing waiting for something to happen.

$ARNA, and $OSIR are still solid shorts I think, I would had hit them both yesterday but shares on both dried up mid day. Had I shorted pre market or right at the open I could have gotten in. But that is often the worst possible time to short, so I’m glad I stayed away. Would love to get a position in $ARNA at some point, but I’m afraid my passion to short a company that makes a pill to make fat and lazy people lose weight may be clouding my thinking.

Still no great picks, but I will continue with pressing on. There is money to be made in this market, just not easy money right now.

Full list from Yahoo Finance

ARNA

CIGX

LQMT

OSIR

PVA

Watchlist – 6-19-2012 – $ARNA, $GENE, $OSIR, $RMBS

Not a whole lot new today, same list of shorts from yesterday with one new edition, GENE. Still no great shit stocks to short right now, all these picks I will not rush into taking a position considering they all look strong at this point except RMBS. I do feel confident they will be solid shorts soon, but not expecting much today.

Full list from Yahoo Finance

ARNA

GENE

OSIR

RMBS

Watchlist – 6-18-2012 – $ARNA, $OSIR, $RMBS

Quick list of three potential shorts, nothing stellar but a nice handful of decent setups. I’m going to make a point to try and trade at least one of them today.

Full list from Yahoo Finance

ARNA

If you have followed this blog at all you know I will short every spike of a fat loss pill….

OSIR

Behind fat loss pills and solar energy, yet another industry I will perpetually short, stem cells.

RMBS

How is Rambus still around, I remember them from 10 years ago when their memory modules were 4X more expensive then anyone else’s and worked in about 10% of the motherboards manufactured… I’m assuming they are like $EK and just sue anyone and everyone for revenue.