SWNE 0.20

SWNE is a speical reverse split round up play. These special round up reverse split plays can be extremely profitable. The last one was NWNO about one week ago, these bought the shares before the revesse split turned their little gamble from $11 to $1500 in a few days.

"SWNE 1-500 R/S No shareholder will be reduced below 500 shares. N/C to Mariner's Choice International Inc (MCII). "

Bought 500 shares with $100, after the resverse split, because of this special treatment, I SHOULD receive 500 new shares, but the price would be around $70 based on Friday's close. 500 shares x $70 = $35,000. In the worst case, even I sell 500 shares at $1, still make $400 profit. I will take it, worth the $100 gamble. In fact, if you just bought $1 or 1 share, you should still receive 500 new shares, that's a pure lottery ticket play.

Remember, this is a special niche play, not applies to all R/S, you cannot buy it after the ex-date (or after the split), it only applies to the R/S stocks have the round up clause. Read the board - Reverse Split Round up Share Plays:

http://www.investorshub.com/boards/board.asp?board_id=9426

SWNE discussions:

http://www.investorshub.com/boards/board.asp?board_id=9405

DAY: 06-01-2007

Time flies fast, a new month has started. Time to pay bills again. I feel I just need one bill-free month to catch up, I should be all set on my account. Unfortnately, I have to face the reality, I have to take one month off to China. It is so funny, sometimes, things always turn aganist you. Maybe I should take time to relax and recharge energy, not a bad thing.

Some charts three: 06-01-2007

Stocks just traded above the ascending triangle:

FULT:



COCO:



AVCI:

Some charts two: 06-01-2007

AGXM: Very narrow trading range, maybe someday this one will break the resistence on volume.




KENS:

Some charts

I played a little more with the new stockfetcher 2.0 beta scanner and charts tonight. Very nice.

Tomorrow is Friday, have to be careful, cannot take too many positions to the afternoon or the weekend. I will consider to reduce GZGT too.


BTEM - possible double bottom, feel sorry for these bought at $2s, ouch!




ZLUE: maybe going to $2s, accumulation pattern for the past three days.



CUP - tank and possible deadcat bounce:



PRM: possible ascending triangle:



COHG, possible a cup formation, watch for volume:

EICU

I mentione EICU two weeks ago at $8, now we see why there were so many June $10 calls, it is right at $10.

**********************

05-16-07 08:12 PM

EICU popped up huge on earnings about two weeks ago. Now the stock price is coming down to the pre-earnings level at $8. The volume is light, but if you look at its June $10 calls, huge open interest (11,558) compare to May's $10 call (10), maybe people are expecting something for the month of June. It popped up to my scanner today, this is a stock to watch.

http://finance.yahoo.com/q/op?s=EICU&m=2007-06
http://finance.yahoo.com/q/op?s=EICU&m=2007-05

EICU charts:
http://charts.dacharts.com/2007-05-16/smallkap56.png

GZGT

GZGT 2.20 again with monster volume over 3.5 mil shares traded today. At this rate, I think it could go to $2.75-$3 before I go to China on next Wed. I hope the best and wish no hard shakes before I leave. I added 3K more yesterday, I've put 50% of my capital into the stock, really don't need to trade anything else for now.

Tracking GZGT:

http://charts.dacharts.com/2007-05-31/small135.png


About ten days ago, some ET fools bashed me right after I said this below and they made me left ET, what a bunch of morons, all they missed is a very safe and confident trading opportunity they would have ever dreamed of. I am in and follow my trading plan, eventually will lock in the profit, turn knowledge into power!

********************

PennyTrader 05-18-07 11:41 AM

Here is a short-term (60-90 days) play for me, this is a new microcap IPO: GZGT at 1.86 x 1.87. This is not TUBR/ESRG type - not one week play, it takes longer time to move.

I am getting 2K shares at $1.87. I believe this stock won't trade lower than $1.75 in the short-term because its starting price was 1.75 about two days ago, it should see $2-3 before see the low again. This one will be very very slow like a turtle, might go up 0.01 or 0.05 a day, then a quick shake could go down 0.20 or more n minutes, this is very typical, this is not a daily scalping play, just buy, hold, and pray for me.

But I must make a disclaimer - I am not suggesting you to buy it, because this one is just starting, it doesn't have 1 million shares traded yet, few knows the stock, if you buy, you could have a hard time to sell if no volume support. If over millions of shares traded like CVDT had, you could make a trade. For me, this is just a position trade.

It's chart should follow what CVDT did, when volume kicked in on CVDT (10 mil shares traded/day), it popped up big.

Some volume change scan results - SHOE/HED/SCOX

SHOE 2.34, will watch it closely today, see if selling is stopped on volume, trend reversal, or selling resumes. Close above $2.51 will signal a trend reversal.

http://www3.stockfetcher.com/sfchart/422902744.png

http://charts.dacharts.com/2007-05-30/smallk07.png

HED 4.09, possible continuation pattern.

http://www3.stockfetcher.com/sfchart/11772574.png

SCOX: $1.44 - volume exploded, candle formation is bearish, selling pressure kicked in, bagholders couldn't wait to get out. If it goes green today, possible a trend reversal, otherwise, it is just another NADDAQ pump/dump.

http://www3.stockfetcher.com/sfchart/621018190.png

I really like this filter

I need to find the filter which generated CSCT, MGRM, and ARGA last Thursday night. The stocks were found before they make breakout moves in the next two days. I have over 30 filters to screen for stocks based on different rules.

These three stocks made nice gains Friday, today they gained another 6-8% .

http://pennytradertim.blogspot.com/search?q=csct

http://pennytradertim.blogspot.com/search?q=arga

http://pennytradertim.blogspot.com/search?q=mgrm

CSCT:



ARGA:



MGRM:

Brokeage firm gives you 30 times intraday buying power

My friend just sent me this info. This broker allows you to trade 30 times cash you deposited., no daytrading buying power issue. Put $5K and trade $150K intraday.

http://www.worldwidetradingcapital.com


AM I RESPONSIBLE FOR ANY LOSSES THAT EXCEED MY EQUITY BALANCE?

NO. Our affiliate private capital firms utilize sophisticated risk management technology to monitor all trading activity for sub-contractor accounts. These programs provide our dedicated risk management team with the capability to implement "auto-liquidation" on an account which closes out all positions prior to the market close should an account fall to a balance of $2,000 or lower.

Commisson: $2.95/ticket or 0.002/share - fee schedule: http://www.worldwidetradingcapital.com/whywtc-pricing-learnmore.asp

FAQ: http://www.worldwidetradingcapital.com/faq.asp


They use the same trading platform as what I use now (Omni Pro) or I can choose to use Real Tick.

I will do a little bit more reading about it, sounds pretty good.

Stocky, you might want to take a look...

Watch list for Tuesday 05-29-2007

Needs to filter out the ones has already gone up over 10% on Friday:

QQQQ charts

Plugged the templates to QQQQ, indeed, the NASDAQ doesn't look too good. Looks like a bull trap last week, there is a negative divergence on the daily.

If NASDAQ won't be able to pass $46.62 (daily close), it will falls to $45s next week.

On the NASDAQ weekly chart, there was a volume change one week ago, the yellow candlestock, the price was already at the upper band, looks like it is going to pull toward inside the band next week.




On the weekly, if breaks 46.30 will break the uptrend channel:




On the daily chart, volume change indicator happened two days ago, after the spike (buying climax), followed by a SELl signal, then a break of the uptrend channel:



Divergence on the daily chart, breaks $45.95, looking for $45.20.

Welcome back, Wall Street

After a long holiday weekend, investors return to face a busy week: housing, inflation, consumer confidence, GDP and labor market reports are all on tap

http://money.cnn.com/2007/05/25/markets/sun_lookahead/index.htm