ASF dropped to $34.68 now, my analysis was right. Unfortnately, I didn't have a chance to play it.
Making $5K with $20K each month
- Thread starter PennyTrader
- Start date
SCEY chart, what a beauty, wish I bought 10K, only have the $ to get 3K.
Quote from PennyTrader:
SCEY $2.10-2.14, I think this is a new IPO out today, it has almost 2 million shares traded. I will hold this for a few days.
TUBR $2.25, I am still in it, the time to sell is when a huge pop up - not sell time yet, just hold for now. I only have 1K.
Quote from PennyTrader:
I've just spotted another stock with 1st day volume spike (1.3 million shares):
TUBR @ @2.14:
SCEY is dipping to 2.45, I'm back in 1K shares, will add if it drops more but not go below 2.40, that's the support, I hope it is just a shake, not a tank 
True. Chart_trader or Micocap_trader fits my style better. I've not mentioned any penny stocks fit ET's definition - stocks trade either below $5 OR with less than 1 million volume. The stocks I mentioned are either above $5 or with more than 1 million volume.
SCEY $2.41, I am sweating, add or not add, it is at the key support......
SCEY $2.41, I am sweating, add or not add, it is at the key support......
Quote from Imagine:
call them microcap stocks than
SCEY $2.40 holds, I added 2K more, this $2.50 resistence will try again and again, eventually, it might pass. But I'll sell near that for this order.
Quote from PennyTrader:
SCEY is dipping to 2.45, I'm back in 1K shares, will add if it drops more but not go below 2.40, that's the support, I hope it is just a shake, not a tank
YHOO just tanked. Missed to trade it.
SCEY is back to $2.50. I think if SCEY can close at or above $2.50 today, next week this stock could go near $3 - wishful thinking, but it is possible.
DNDN is at $21, what a monster stock for the week. I bought its calls everyday and sold them at the open, I am not sure if I want to buy it today. The FDA decision will be no later than 05-15, so it could be this weekend or early next week. The premiums are so high, $10 puts are at $1.50, and $30 calls are at $3. So the gamblers think it either tank to $7 or goes to $33. I won't take the bet over the FDA decision, the profit margin is too small, even DNDN goes up $10 after the decision, won't make much, but the risk is 100% loss. If someone can write the calls or puts, this is a good profit business for him.