The pump and dump thread

Last night I shared with you a list of stocks that I found while scanning
for setups. This is normally reserved for members of our Live Trading
Room. Out of the 11 trading idea's presented 3 of them setup with no stops
(four if you consider G, but I have yet to talk to anyone who got a fill in that one)

XMSR long from $10.65. The stock reached a high of $11.63 for a potential
gain of $0.98. (A gain of 9.2% in under an hour!)
FRE long from 59.15. The stock reached a high of 59.52 for a potential gain of $0.37
AMGN short from 62.10. The stock reached a low of $60.47 for a potential gain of $1.63 over the course of the day.

With three trading ideas, up to $2.98 in potential profits were generated. Not bad for a days work. Realistically a trader should expect that theycould have gotten 1/2 to 2/3 of this.

Members of the RealTime trading room benefit every day from our nightly scans as well as intraday alerts, updates and education.

Brandon
 
[09:51] <brandon> here is a list of NYSE gaps up that are above their opening price
[09:51] <brandon> abc, abn, adi, arg, ave, cbk, emr, fro, hcr, ko, lab, pd, svu, txn

Brandon
 
[09:59] <brandon> 09:59:25 STOCK DAY TRADE UPDATE: PFE has been holding up very well. Bring stops on this to under 32.30
 
[10:06] <brandon> 10:06:56 STOCK DAY TRADE UPDATE: PFE look to take gains in 1/2 of the trade here (32.49). Brting stops to breakeven on the balance.

Brandon
 
http://www.tradingfrommainstreet.com/img/May9PFE.gif

[10:28] <brandon> PFE has just been nice and steady, so we can probably hold this one all day with the rest, maybe into Monday.
[10:28] <brandon> Here is something else to note: Small Gaps Fill. When they do not, that can be a very strong signal to go with that gap.
[10:29] <brandon> The reason is that with small gaps they nearly always fill, and it takes an incredible amount of strength in a stock to prevent that from happening.
10:29] <brandon> it shows you that the stock is among the strongest out there
[10:29] <brandon> it generally starts right from the open
[10:29] <brandon> the specialists will try to have it come in so they can cover their shorts
[10:30] <brandon> with PFE, ignore that first bar
[10:30] <brandon> its just some BS
[10:30] <brandon> we had a small gap up in the stock
[10:30] <brandon> the important thing here is that it did not fill
[10:30] <brandon> it did not go anyplace right away
[10:30] <brandon> but it rested well
[10:30] <brandon> hold on, phone
[10:30] <brandon> brb
[10:32] <brandon> as the stock bases
[10:32] <brandon> interest is accumulating in it
[10:32] <brandon> so we had the breakout buy
 
Here is a list of the strongest Nasdaq stocks (in terms of dollars up) from the open. There are generally good opportunities in this list.

genz, ivgn, jcom, nvda, arti, cpts, hsic, odsy, ccomp, isil, flir, phtn, wfmi, apol, gild

Brandon
 
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