All the Short Sellers were screaming to short LEXG.OB last Wed....and they were right. I tried and tried to pick up shares through various accounts to short at over $10 yesterday...
Although LEXG and LTUM are up, If you can short these, both are still headed south after the shorts cover...wait for another "break" in the stock to get in...I REALLY believe LEXG may be under $1 soon. Definitely will see $2-$3 again. Its a TOTAL FRAUD of a company with 1 employee and yet they pumped the stock to over $10.50 (and a $300MM market cap). LTUM isnt much different.
If you like shorting and use "Interactive Brokers" or SOGOTRADE, you should be able to short these. Good luck
Friday, April 29, 2011
Wednesday, April 20, 2011
A couple of Pump Picks
Hope you enjoyed BERX before the drop. I enjoyed a nice, nearly .50 Gain on it.
Now a couple more pumps that you probably should take about 40% on....
AVVC- Avatar Adventures. Anything under $1.50 is a good entry right now. I think its going to $1.80 before it runs out of steam!
Looking at SGLB- Loads of shares, but its fighting at the bottom with a rumored pump coming. Could be a good 20% with higher risk.
Use trailing stops as always!
Now a couple more pumps that you probably should take about 40% on....
AVVC- Avatar Adventures. Anything under $1.50 is a good entry right now. I think its going to $1.80 before it runs out of steam!
Looking at SGLB- Loads of shares, but its fighting at the bottom with a rumored pump coming. Could be a good 20% with higher risk.
Use trailing stops as always!
Friday, April 8, 2011
Sorry for the Vacation- More Picks
Been neglecting the updates lately! I am back....Got some good ones to:
Exiting EVSI- This one has seen better days. Made some nice profits here....moving on
Go for GLUU-
Video game developer Glu Mobile is generating huge interest as it adds venues for its gaming output. While the big news earlier this year was its partnership with NVIDIA (Nasdaq: NVDA ) , the real catalyst for growth will be simply that it's not Zynga. You're not going to confuse Glu's Contract Killer with Farmville. There's a reason Call of Duty is such a huge hit on bigger platforms: It's a lot more fun than milking a cow. Adding that excitement to iPhones or Android-based devices ought to attract a big following to Glu's offerings.
Again with it down in the 3.80's this is a GREAT entry point.
Took position in BERX. Yeah its a pink sheet but looking for a quick 40 cents. So far so good with my position at 1.22 last Friday.
Exiting EVSI- This one has seen better days. Made some nice profits here....moving on
Go for GLUU-
Video game developer Glu Mobile is generating huge interest as it adds venues for its gaming output. While the big news earlier this year was its partnership with NVIDIA (Nasdaq: NVDA ) , the real catalyst for growth will be simply that it's not Zynga. You're not going to confuse Glu's Contract Killer with Farmville. There's a reason Call of Duty is such a huge hit on bigger platforms: It's a lot more fun than milking a cow. Adding that excitement to iPhones or Android-based devices ought to attract a big following to Glu's offerings.
Again with it down in the 3.80's this is a GREAT entry point.
Took position in BERX. Yeah its a pink sheet but looking for a quick 40 cents. So far so good with my position at 1.22 last Friday.
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