Adding BSI, going over 10k, week review and daily specials for 7/16
Small but another profitable week for me. Most of my profit came form SSH and loss came from failed pump bounce play on ONVO. It’s interesting that my profit used to come mostly from pump&dump plays and cheap nasdaqs like PPHM ASTI..etc Now bulk of my gain come from high ADR over $5 (anticipate)r/g play, opening pop s/s, over sold bounce plays and parabolic s/s. I think the most important thing is that I feel much more comfortable with these set-ups and success rate is a lot better although each win is smaller than P&D type plays.
Last week, I completed BSI account paper work and it should be up and running by the end of this week. I am very excited to have better leverage(1:10) and improved short list! I’ve been missing many small cap short opportunities but addition of BSI account should solve this and provide me more trading chances.
Please let me or @InvestorsLive know if you are interested in opening Broadstreet International account.
It’s been a great month so far and I my account hit 10k and crossing.
I am starting to increase my position size and I am hoping my profit goes up as a result. My next goal will be go over 25k and hit 30k by the end of the year.
As soon as I open up BSI, I will add profit.ly to the site.
Winning of trade of the week
SSH has been nice long plays in A.M. Wednesday was no exception. Since it popped so fast I tried flip s/s and it was successful.
Losing trade of the week
Ideas was bounce from all time low are of 9.6 area, but there were so many sellers and every bounce got kicked back.
Chart of the week
Beauty of being the InvestorsUnderground!! Forgot who alerted but thanks!!! The classic parabolic with nice volume.
High ADRs Under $5: CTIC ISR LXRX CPRX ETRM ASTI OPXA SYN URZ PULS INSM IBIO PPHM FBC LEI JMBA AMPE OPTT SVU PAL JOEZ JRCC
High ADRs $5~ 20: ARNA OREX AFFY SAH ROSG JOE SYNC DMD GNMK ATRS AER BPI GMCR DF FIO LCC SHWC BAH OMPI JOE OSUR RVBD
High ADRs over $20: QCOR LXK CSTR TPX ALEX SCSS TSLA NFLX DECK VHC PAY WNR TRIP BMRN SM
Pump&Dump Type/OTCs: OREO MIMV ZERO GMTCQ PGRX NTRZ CDXC PCXCQ
Under $0.1: ATRNQ SNDY LSBR NTRZ LDSI EPAZ
TOP WATCH: OREX ARNA SSH AFFY SWHC QCOR VHC PAY
OREX: hopefully nice opening pop to s/s into. maybe gap down and r/g but will be nice if we see squeeze.
ARNA: range is getting narrower but I think there are more plays in it. Will be watching over sell or bought situations.
SSH: probably some A.M. drop and pop. It has been nice fade around 11am. If this can slow grind from 11:00~12:00, we might see nice squeeze. Maybe happen earlier but nice to have some guideline.
AFFY: more rip please! Maybe try opening pop for long then flip. We’ll see..
SWHC: r/g watch. not as fast mover as others.
QCOR: one word T530
VHC: s/s biased for speed up move.
PAY: hoping for same type of move as past 2days.