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Penny Flippers - Stock Picks

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likesmoney
Posted: Tuesday, April 28, 2009 5:50:44 AM
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Every now and then I run across a Bullish stock, but it is a penny stock.

I will now try to post the Bullish charts here, so we can discuss and analyze, and hopefully profit from.


Here is the first one.







We have really strong volume.

RSI, CCI, & Stochastics all up ticking strongly.


Happy Trading





May We All Make More $$$ Faster

Likesmoney


http://likesmoney.comxa.com/
Sponsor
Posted: Tuesday, April 28, 2009 5:50:44 AM
vivian
Posted: Tuesday, April 28, 2009 9:30:32 AM
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likesmoney, do you set the same stop loss for penny stocks as you do with other stocks? I have never buy a stock under $0.5 before, so just wondering.
likesmoney
Posted: Tuesday, April 28, 2009 4:00:31 PM
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vivian wrote:
likesmoney, do you set the same stop loss for penny stocks as you do with other stocks? I have never buy a stock under $0.5 before, so just wondering.



Vivian,

I have only traded a handful and quite frankly -- not been profitable.

I plan to change that.

Today I got in at 0.37 and got out at 0.41 for a 10.8 % gain

I am getting the sense that I need to lock in a profit on these penny's when it's there.


Happy Trading





May We All Make More $$$ Faster

Likesmoney


http://likesmoney.comxa.com/
likesmoney
Posted: Friday, May 01, 2009 5:46:05 AM
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I came across another candidate for the pennyflippers.

Let's take a look.







Rising Volume -- Bullish

RSI trending higher toward the 70 line -- Bullish
CCI - Up Ticking and just crossed up through the 100 line -- Bullish
Stochastics - Up ticking nicely towards the 50 line - Bullish

Closed above the 22 MA on strong volume -- Bullish



Happy Trading









May We All Make More $$$ Faster

Likesmoney


http://likesmoney.comxa.com/
vivian
Posted: Friday, May 01, 2009 9:13:47 AM
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candlestick, macd, cci and stochastic are all bullish. Since it is a penny stock, there are good growing poential with this stock.
dirtydave79
Posted: Sunday, May 03, 2009 1:57:34 PM
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Location: Michigan
Heph had a nice run looks to be slowing
likesmoney
Posted: Sunday, May 03, 2009 4:45:28 PM
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VG

Volume has been exceptionally strong over the last month.
The 13 MA crossed up through the 50 MA

RSI broke sharply up though resistance, crossed the 50 line and is up ticking toward the 70 line.
MACD crossover and the Histogram is positive.
Stochastics - recent bullish crossover and up ticking strongly.

Closed on Friday up 13.16% Up another 4.65% in after hours.

Good news right after the close of the day on Friday

VONAGE: NOT A TELECOMMUNICATIONS SERVICE

On Friday, the 8th Circuit Court of Appeals ruled in favor of Web-calling provider Vonage in a landmark case. In Vonage Holdings Corp vs. the Nebraska Public Service Commission, the court determined that Vonage and other Voice over Internet Protocol (VOIP) providers whose services can be used nomadically won't have to contribute to the state's universal service fund (USF), because these companies provide an "information service" rather than a "telecommunications" service. Traditional carriers are required to contribute to the fund, used to provide schools with access to telecom services. The decision could have long-ranging implications for national policy that governs USF charges. "This decision is a major victory for the entire VoIP industry who have long fought the states and the FCC on this issue," notes Jessica Zufolo, senior policy director at Medley Advisors. "As a result of this opinion, several states with state USF funds will no longer have legal justification for assessing intrastate USF contributions on VoIP providers." She adds, "This case throws a monkey wrench into the FCC's ongoing process on what kind of access charge regime should apply to VoIP traffic."


source: http://www.benton.org/node/25021

This may be good for a day trade.

I expect the price could go up strongly - could get a pull back later in the day.


Happy Trading





May We All Make More $$$ Faster

Likesmoney


http://likesmoney.comxa.com/
likesmoney
Posted: Wednesday, May 06, 2009 3:32:00 PM
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It finally hit - up .11 as of this post or 27.5%


Nice pop.





May We All Make More $$$ Faster

Likesmoney


http://likesmoney.comxa.com/
likesmoney
Posted: Wednesday, May 06, 2009 7:59:34 PM
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>>>>>>>>>>>> Wednesday Night Pick






Here is one that came up when was screening for my other thread. I am trying not to post the 'pennies' there. This chart look too good to pass up so---


We have RSI & CCI turning up -- Bullish

Stochastics had a Bullish crossover and the Fast Line crossed up through the 20 -- Bullish
- I expect the slow line to cross up through the slow line tomorrow.

Parabolic SAR appeared below the price line today -- Bullish

Chalkin /Money Flow is positive - Bullish

The MACD had a crossover -- Bullish
The Histogram is positive -- Bullish

The ADX is bending down - Bullish
The DI Plus and Negative lines are converging -- Bullish - If they cross -- that will be very Bullish

Can expect resistance at 0.20 & at 0.30.


Happy Trading

Big volume spike today.





May We All Make More $$$ Faster

Likesmoney


http://likesmoney.comxa.com/
invest05
Posted: Thursday, May 07, 2009 11:18:31 AM
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NOBL up big today so far.
likesmoney
Posted: Thursday, May 07, 2009 12:03:51 PM
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invest05 wrote:
NOBL up big today so far.


Up 59.78 %

Ch-ching!

I am tempted to sell - it never hurts to lock in a profit.

Happy Trading





May We All Make More $$$ Faster

Likesmoney


http://likesmoney.comxa.com/
likesmoney
Posted: Thursday, May 07, 2009 8:35:15 PM
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Joined: 1/30/2009
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Location: NY
Three more to consider:


















Happy Trading





May We All Make More $$$ Faster

Likesmoney


http://likesmoney.comxa.com/
invest05
Posted: Friday, May 08, 2009 10:54:22 AM
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Location: atl
likesmoney wrote:
invest05 wrote:
NOBL up big today so far.


Up 59.78 %

Ch-ching!

I am tempted to sell - it never hurts to lock in a profit.

Happy Trading


Hope you didn't, it went up big again today. But no one ever went broke taking a profit.
markethawke
Posted: Friday, May 08, 2009 10:05:58 PM
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Which scan criteria do you typically run? Looking back at some of your picks you have found some nice trades!



likesmoney
Posted: Saturday, May 09, 2009 7:01:32 AM
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markethawke wrote:
Which scan criteria do you typically run? Looking back at some of your picks you have found some nice trades!






Hopefully, you have been able to profit from some of these ideas.

It is never an absolute set. Generally, I play around with volume, MACD Crossover, Stochastics under 50. Sometimes I switch up and use CCI under -50 or sometimes RSI under 50.

When I scan, I don't want to exclude too many charts.

Then I look at a lot of charts.

Let me know what you think or if you find something that works better $$$ !!!

Happy Trading





May We All Make More $$$ Faster

Likesmoney


http://likesmoney.comxa.com/
likesmoney
Posted: Saturday, May 09, 2009 4:32:02 PM
Rank: Advanced Member
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Joined: 1/30/2009
Posts: 689
Location: NY
Here are a few pennyflippers for next week:







CNB

Nice break from a tight trading range on very strong Volume.

RSI, CCI, & Stochastics all turned up sharply breaking resistance - Very Bullish


Also notice this is a break above the 50 MA - Bullish

CNB is a financial stock and that sector has been doing very well as of late.







MERC is a similar set-up.

Hug run up in March - then consolidated in a very tight range.

Broke out on very strong Volume.
Recent break above the 50 MA

RSI turned up toward the 70 line -- bullish
CCI above the 100 line -- Bullish
Stochastics - Bullish crossover







Again, a recent break above the 50 MA on increasing Volume.

RSI turned up toward the 70 line -- Bullish
CCI crossed above the 100 line -- Bullish
Stochastics -- Nice up trend -- Bullish



Happy Trading






May We All Make More $$$ Faster

Likesmoney


http://likesmoney.comxa.com/
likesmoney
Posted: Monday, May 11, 2009 4:22:40 PM
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Joined: 1/30/2009
Posts: 689
Location: NY
invest05 wrote:
Hope you didn't, it went up big again today. But no one ever went broke taking a profit.


invest05,

I am sorry that I overlooked your post.

I decided to stay in.

We are at 0.60 right now. That is 150% on the day!

CH-CHING!

By the way -- CBN is up 53% today as well.

I hope that you got in on some of this.


Happy Trading





May We All Make More $$$ Faster

Likesmoney


http://likesmoney.comxa.com/
likesmoney
Posted: Wednesday, May 13, 2009 5:46:19 AM
Rank: Advanced Member
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Joined: 1/30/2009
Posts: 689
Location: NY
Here are two Bullish stocks to consider:












Happy Trading





May We All Make More $$$ Faster

Likesmoney


http://likesmoney.comxa.com/
likesmoney
Posted: Friday, May 15, 2009 7:26:43 AM
Rank: Advanced Member
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Joined: 1/30/2009
Posts: 689
Location: NY





Accumulation/Distrubution just broke above resistance set in May and is up trending
- About to test the April resistance levels.


RSI crossed up above 70 into the power zone -- Bullish


Bullish MACD
Histogram is upticking -- Bullish


Just broke above the 200 MA on very strong Volume -- Bullish



Happy Trading





May We All Make More $$$ Faster

Likesmoney


http://likesmoney.comxa.com/
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