Thursday, March 3, 2011

Short Selling Watch List

EVSI cracked the other day, and luckily I had taken the rest of my profits over .80! Average ROI for that was over 80%! Not bad, Not Bad at all.

There are a few GREAT short selling stocks right now that we need to look at....
Now for my Short selling list:

ROYL- $7.80 (Royal Energy)
 This stock is on a massive run in only in the last WEEK, its up over 300%. Looking at the company and financials, this will be a blood bath when it cracks as well. Ive found lots of pumping of this dog, and the offices are a rent a office space pretty close to me. Yesterday it traded 50% over its FLOAT alone. Lots of traders in there trying to beat each other down . Still might have some legs, but once it cracks...say 15% loss or more interday, then it should be a very solid short!

BDCO- 8.20 (Blue Dolphin Energy Company)-
     Oil prices are running up these energy micro caps and BDCO is no exception. If for your Valentine you bought this at $2.40, you would be sitting fat at over $8....but every pump must end sometime and this one will be VERY soon in my opinion.... Wait patiently for the crack and you might be able to turn a nice profit as people panic to lock in their huge gains...

Im working on some others, but trading is about to begin...
More to come...

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