BluelightNewsletter

Disclaimer: My personnal opinion is for your entertainment only & should not be used as advice on your decision. I may sell or buy (to cover) my holding according to the market movement. I am not a licensed financial advisor. Please always do your own DD. Set protective stops & not be too greedy. You are responsible for your own decision. I wish you good luck trading. -Blue

Saturday, October 28, 2006

Review of My Recent Penny Plays

  1. CHTR, called@ 1.51 on Sep 28( Buying dip, order CHTR@1.51 filled--Sep 28), it reached 2.32 &closed @2.29(+8.02%) on Oct 27. I gave target 2-2.3 ealrier. //Once up about +52% within 4 weeks after call.
  2. VION, called@ 1.17 on Oct 9(Bullish penny: VION@1.17 -Oct9 ), it ran to 1.58 on Oct 26//Once up +35% within 2-3 weeks .
  3. EGHT, called@ 1.26 on Oct20(Bullish penny: EGHT@1.26 here, target: 1.44-1.5 stop: 1.2 -Oct20), it ran to 1.47 on Oct26.// Once up about +16.7% within 6 days.
  4. SCLD, called@ 0.5 on Oct 23, Monday( Another bottom fishing candidate: SCLD@0.5 ), it reached 0.73 on Oct 25, Wednesday.//Once up about +46% within 3 days.
  5. PFSW, called about 0.68 on Oct 23, Monday(bottom-fishing cadidate: PFSW under 0.7 -Oct 23). It closed @0.79 on Oct 27, Friday.//Once up about +16.2% within 1 week.
  6. JDO bot @4.6 on Oc t25, Wednesday...once dropped cheaper to 4.35 but closed @4.92(+9.82%) on Friday; I once called@ 4.49 on Oct 12 and it went up +63% within 3 days to 7.3 on Oct 15(, Bottom-fishing: JDO@4.49 today ).
  7. MEM bot @0.58, it's now much cheaper than LTS. They were both once my favorite penny plays. MEM has strong revenue growth & its insider buying is strong -http://finance.yahoo.com/q/it?s=MEM
  8. INSM bot back on Friday@ 1.29, once called@ 1.17 on Aug 31(Bot INSM@1.17, ALNY@13.16 today ) and it went up +32% within 3 weeks to 1.54 on Sep 20.//Strong institutional ownership including JP Morgan Chase; Leading product approved.
  9. ... ...etc.