Weekly Roundup November 17-21

Nov 29, 2014   //   by Profitly   //   Profitly, Profitly Weekly  //  Comments Off on Weekly Roundup November 17-21

$2,458 profit TITXF; Short Stock by Timothy Sykes.

Entry comments: Trying something new, shorting this earnings loser, read PR http://tim.ly/1sNBEp5 they’re basically delaying their robotic surgery unit to aim for more procedures, tough to have more patience as I’ve been watching it for months and today’s crash to 1.30 means others are giving up on it, TERRIBLY broken chart now, good risk/reward shorting on this 40 cent/share intraday bounce, goal is to make 20-40 cent/share on my short. Exit comments: Got slight dip, but no big panic like I wanted, taking small profits, video lesson coming.

Partial Position Updates

Nov 17, 9:37 AM: 32000 at 1.57

Nov 14, 3:45 PM: Added 9000 at 1.64 – Adding to my short since its fading nicely and I expect another big morning panic next week as long-term longs realize the new news and broken long-term chart…today’s morning panic was 60 cents/share, all I want is 30 cent/share and I’ll be VERY happy next week!

Nov 14, 2:24 PM: Added 23000 at 1.67

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$1,775 profit ZAZA; Long Stock by Timothy Sykes.

Entry comments: Dip buying this earnings winner, same pattern as VGGL, gonna try to make 30-50 cent/share, based nicely at $3 so not much risk. Exit comments: Hit my target DEAD ON…sorry it spiked so fast, but same kind of thing with VGGL, buy earnings winners on big dips with little risk, this keeps going now to 3.58 as I type this, but I’m happy with my 30 cents/share, congrats to all longs!

Partial Position Updates

Nov 17, 2:03 PM: 6000 at 3.45

Nov 17, 1:30 PM: Added 6000 at 3.16

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$2,098 profit RESN; Long Stock by Timothy Sykes.

Entry comments: Bought this potentially revolutionary technology play in reaction to this article http://tim.ly/1v4kGZg this little $50 million company is working with $11 billion SWKS on a product that could be huge for the smartphone industry, GREAT article, potential bidding war for RESN, its jumped a ton on the back of this article though so I’m taking a VERY small longer term position with the goal of adding to my position at lower prices…but it might just keep spiking, I also bought short-term too. Exit comments: Sold the remainder of my long-term position for $2/share profit, now $9.16 as I type, but I LOVE locking in $2/share profit 25%+ profits within a week, potential re-buy at lower prices, but this is a scary stock that moves a ton on low volume, congrats to all longs.

Partial Position Updates

Nov 19, 9:48 AM: 700 at 9.00

Nov 18, 2:25 PM: 800 at 8.01 – Sold roughly half my position just to lock in some gains along the way…might look to buy them back cheaper since this nice 15% spike isn’t the result of any news…I trade safely…when I can make 15% in a few days I take some profits off the table, still holding a small position though as I’m VERY excited about this company

Nov 12, 2:05 PM: Added 1500 at 7.13

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$1,785 profit MNDO; Long Stock by Timothy Sykes.

Entry comments: Dip bought this earnings winner we talked about in the http://tim.ly/sykesmc webinar today, already down 25 cents/share off morning spike highs, if it can hold above 3.50, it should give me 20-40 cent/share upside. Exit comments: Big seller at 3.65 scared me out of most of my position, now 3.70 so my fears were unfounded, but I don’t trust slow moving stocks like this so I’m just gonna lock in safe profits as it hit my target…might re-buy though.

Partial Position Updates

Nov 19, 3:19 PM: 11000 at 3.66

Nov 19, 2:15 PM: Added 11000 at 3.48

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$1,453 profit MAGS; Long Stock by Timothy Sykes.

Entry comments: Bought this earnings winner on a dip, goal is 20-40 cents/share on the bounce late today/early tomorrow, gotta see how it acts. Exit comments: Tried to bounce over afternoon resistance at 5.60 but no dice, gave it 3x to try and break and hold, but since it can’t I gotta play safe as now volume is fading again as momentum buyers not happy…some earnings winners just can’t bounce much, see TUBE, ICLD, gotta trade safely…still holding small http://tim.ly/timlong longterm position.

Partial Position Updates

Nov 20, 3:34 PM: 14000 at 5.56

Nov 20, 3:07 PM: Added 14000 at 5.45

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$1,542 profit MAGS; Long Stock by Timothy Sykes.

Entry comments: Dip buying this earnings winner into morning panic, right at multi-year support at 5.10ish, small position though, speculative, goal is to make 20-40 cents/share. Exit comments: Got a nice breakout in the day high above 5.35 to 5.43 but no more, can’t hold failed breakouts…good idea though to dip buy earnings winners RIGHT at support, very low risk 20 cents/share profit, nothing huge but well executed.

Partial Position Updates

Nov 21, 10:30 AM: 8400 at 5.32

Nov 21, 10:15 AM: Added 2400 at 5.16 – Added to my position, nice 21k buyer at 5.15 now protecting 5.10 support…this doesn’t move fast, but I still think it can spike sometime today, low risk buying on such a big dip

Nov 21, 9:40 AM: Added 6000 at 5.12

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$1,920 profit MAGS; Long Stock by Timothy Sykes.

Entry comments: Rebought this earnings winner on its bounce near day highs, still think this bounces 20-40 cents/share, not much risk buying now that its dropped for several days and is holding multi-year breakout at 5.10ish. Exit comments: Got a nice breakout above the mid-day high of 5.38 but then wall of sellers at 5.40ish, no thanks, I’ll re-buy on big dips, these earnings winners as of late are chopppppy, gotta play safe.

Partial Position Updates

Nov 24, 2:11 PM: 12000 at 5.36

Nov 24, 12:59 PM: Added 12000 at 5.20

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Don’t forget to check out previous roundups here:

September 2-September 5

September 8-September 12

September 15-September 19

September 22-September 26

September 29-October 3

October 6-October 10

October 13-October 17

October 20-October 24

October 27-October 31

November 3-Novermber 7

November 10-November 14