Weekly Roundup: April 28-May 2

May 6, 2014   //   by Profitly   //   Profitly, Profitly Weekly  //  Comments Off on Weekly Roundup: April 28-May 2

Time for another weekly roundup of guru trades on Profitly! Remember that we aren’t going to write about every single trade in this post, since that would be extremely boring. We are just covering the big, exciting trades that you all want to learn from.

Tim had another awesome week with some big profits and no big losses! That’s what happens when you are disciplined, my friends. First off we have a $2,239 profit on VTNR. Tim bought 13,985 shares of this stock on the 29th at $8.85 and sold them the next day at $9.01. Here are his comments: Entry comments: Buying on this solid daily breakout, goal is to sell into a morning gap up/spike to the low or even mid 9s, best chart out there, finishing better than COUP, even above morning highs of 8.75, wish I had some http://tim.ly/timlong from my initial buy alert at $7.95, good lesson for me, no specific catalyst but the chart is pretty. Exit comments: Got up to 9.27 premarket and 9.10 when the market opened, but not much more than that, now 8.90s, disappointing but that’s why I get out IMMEDIATELY if the stock doesnt do what I want.

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Next we have a $6,130 profit on WATT. He bought 7,700 shares of this stock on May 1st at $11.93 and sold them that same day at $12.73. Not too shabby! Here are his comments on this trade: Entry comments: Multiple chatrooms say Seeking Alpha PRO article coming out tomorrow, MR. http://tim.ly/supertrader even linked to it http://tim.ly/1mhGaOH should skyrocket the stock, not much downside given recent consolidation, goal is to make $1-2/share the next 1-2 days. Exit comments: Got a nice mid-day spike, now 12.99 so I played it too safe….as I said I HATE buying mid-day, volume is less, the moves are less, but this was up trending and the news is being passed around in chatrooms/message boards and this stock moves fast so better safe than sorry…similarly I’m selling to lock in SAFELY, might re-buy later, but I don’t trust mid-day moves like this, congrats to all longs, no way to lose $.

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But that wasn’t even his best trade of the week. Here is the big one…a $11,734 profit on WATT. Tim bought 16,000 shares of this stock on the 1st as well at $12.49 and sold them at $13.23 the next day. Nice one! Here are the comments: Entry comments: Bought on the big intraday consolidation, don’t chase this, but I like buying on the dip as it should spike into the market close given the expected article coming tomorrow, goal is to sell in the high 12s again. Exit comments: Selling remaining position, article is now out http://tim.ly/1mhGaOH but price action is fugly.

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InvestorsLive also had a great week with some big trades and only one big loss worth noting. Nice! First we have a $1,504 profit on FB. Nathan bought 10,000 shares on the 28th at $57.13 and sold them that same day at $57.29.

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Next we have a $1,293 profit on ITCC. He shorted 10,000 shares of this stock at $0.37 on the 30th and bought it back the same day for $0.23. 

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Next we have a $2,226 profit on MACK. He shorted 8,000 shares of this stock at $7.32 on the 1st and bought it back that same day at $7.04. 

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Lastly, we have a $2,07 loss on NVAX. Nathan shorted 46,300 shares of this stock at $4.15 on the 29th and bought them back the same day at $4.19. 

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Be sure to check out other trades on Profitly as well, as the more you see the more you can learn from others. It’s the only way to find out the best penny stocks to trade and know exactly how to trade penny stocks as well.

Here are links to our previous weekly roundups:

March 30-April 4

April 7-April 11

April 14-April 18

April 21-April 25