.comment-link {margin-left:.6em;}
My Photo
Name:
Location: USA

The last few years have been great to me, as i was able to clobber the S&P500 many times in returns. But of course, you can't make a living trading the markets if you don't make great great returns. I'll try to give my readers trades that i think will make them money. However, you need to have money management skills, in order not to lose everything on a greedy or stupid trade. I may or may not already be in the trades i recommend. I may or may not trade the stocks i recommend. Due diligence is required on your part and the usual disclaimer that i am not responsible for your losses always apply. I have no affiliations with any broker/dealer and all posts are for educational purposes only. Remember to 'refresh' the home page and the "Comments" pages frequently in order to receive updated posts. Let's rock!

Wednesday, June 08, 2005

singh's GIGM pulls thru.

59 Comments:

Blogger beanie11111 said...

GIGM:

It needs to break above 2.05 to move higher, and likely there i may take a position.

Wed Jun 08, 09:46:00 AM EDT  
Blogger mr said...

thanks Beanie it was gamble though only problem is no guidance for future so i am on sideline. Bought SCLN new trade at 3.41 maqy see 4 + in coming days stops 3.25 in case u never know . I don't trust these MM's . They can pull the rag anytime and many ways.

Wed Jun 08, 09:47:00 AM EDT  
Blogger beanie11111 said...

LLLI:

Did you miss the gap down? If you bought it, be vigilant.

Wed Jun 08, 09:49:00 AM EDT  
Blogger mr said...

AVNX went down because Corning selling its shares (GLW). once they dry up it may come back soon. watch IIP also .50 cents only

Wed Jun 08, 10:16:00 AM EDT  
Blogger beanie11111 said...

WTSLA:

Stock is headed to $20 eventually.

Wed Jun 08, 10:25:00 AM EDT  
Blogger beanie11111 said...

IIJI:

Looking like it could breakdown soon. Gotta get back above $10 to be positive.

Wed Jun 08, 10:27:00 AM EDT  
Blogger mr said...

beanie may tell us bottom on AVNX
DJ Holder Sells 800,000 Of AVANEX CORP >AVNX

Tuesday , June 07, 2005 17:11 ET

SOURCE: Form 4
ISSUER: AVANEX CORP
SYMBOL: AVNX
FILER: CORNING INC /NY
TITLE: Beneficial Owner
DATE TRANSACTION SHARES PRICE VALUE
6/6/05 Sale 800,000 $1.08 $863,600
OWNERSHIP: 16,129,634 (Direct)

Wed Jun 08, 10:28:00 AM EDT  
Blogger beanie11111 said...

INCX:

Has decent support at 8.70

Wed Jun 08, 10:33:00 AM EDT  
Blogger beanie11111 said...

TREN:

Doing extremely well the last few days after it blasted thru 2.03

Wed Jun 08, 10:41:00 AM EDT  
Blogger beanie11111 said...

cafelat,

Everybody is waiting for the next big announcement. Meanwhile, traders gotta make money. We gonna have another good entry point either later today or tomorrow.

Wed Jun 08, 10:49:00 AM EDT  
Blogger mr said...

IIP stops .46 ..MKT may see meltdown coming days so be careful small position HArd Cash is king

Wed Jun 08, 10:50:00 AM EDT  
Blogger mr said...

ok i am sorry pull back is nice word but we couldn't break 2100 so i am on sideline out NMGC from last week.Beanie we need a new trade.

Wed Jun 08, 11:01:00 AM EDT  
Blogger mr said...

CYOS missed oops 100% in 2 days wooww

Wed Jun 08, 11:05:00 AM EDT  
Blogger beanie11111 said...

CYOS:

I took a small position today.. LOL

You didnt think i was watching, did you? :)

Wed Jun 08, 11:37:00 AM EDT  
Blogger beanie11111 said...

CYOS:

I dont wanna shock you guys or anything, but it's headed to .10

Wed Jun 08, 11:49:00 AM EDT  
Blogger beanie11111 said...

VPHM:

If you not in already, you got your sale today, imo

Wed Jun 08, 12:01:00 PM EDT  
Blogger beanie11111 said...

VPHM:

oops! sale already over! lol

Wed Jun 08, 12:02:00 PM EDT  
Blogger beanie11111 said...

CYOS:

If you like pennystocks, CYOS appears to be the only one worth playing today.

Wed Jun 08, 12:04:00 PM EDT  
Blogger mr said...

beanies VPHM back to 6

Wed Jun 08, 12:24:00 PM EDT  
Blogger beanie11111 said...

IIJI:

Nice reversal

Wed Jun 08, 12:26:00 PM EDT  
Blogger beanie11111 said...

CYOS:

If it breaks the hod later, it will likely close at .07-.08

Wed Jun 08, 12:26:00 PM EDT  
Blogger beanie11111 said...

CYOS:

The strength is incredible. I put more money in this one than i should...lol

Holding for a possible swing.

Wed Jun 08, 12:32:00 PM EDT  
Blogger beanie11111 said...

If you own CYOS, stay away from the sell button for the next 3 hours or so. You sells are being all absorbed.

Wed Jun 08, 12:35:00 PM EDT  
Blogger beanie11111 said...

CYOS:

There is incentive for it to move higher. June 20th is the day of release, so they gonna run it this week and likely next week. The rally ain't gonna die as quickly as you think. :)

Wed Jun 08, 12:40:00 PM EDT  
Blogger beanie11111 said...

CYOS:

.10 and then .15(major) are the next resistance points. Break .15, we get bluesky. Remember they now have a product that will launch in 2 weeks.

Wed Jun 08, 12:46:00 PM EDT  
Blogger mr said...

beanie u don't have a blog here? if i click on your name i should see all your posts . i have free blog if you click on singh u see all posts. i don't see you entring in CYOS. otherwise i could have bought too . missed .

Wed Jun 08, 12:51:00 PM EDT  
Blogger beanie11111 said...

CYOS:

Dont touch the freakin sell button!!! lol

Wed Jun 08, 12:53:00 PM EDT  
Blogger TV107 said...

i know everyone is onto cyos but just to tell u iiji is back over 10

Wed Jun 08, 12:57:00 PM EDT  
Blogger beanie11111 said...

Holy cow, i really don't want CYOS to move too fast. Starting to go vertical now.

Wed Jun 08, 01:01:00 PM EDT  
Blogger beanie11111 said...

CYOS:

Start selling some now. Too vertical!! lol

Besides , almost 100% gain already. Most traders would sell some here. Doesn't mean it would take us to .10 today. Strong!

Wed Jun 08, 01:22:00 PM EDT  
Blogger TV107 said...

what do u think cyos will do tomorrow and friday?

Wed Jun 08, 01:36:00 PM EDT  
Blogger beanie11111 said...

CYOS:

Because the float is around 150 million shares, i think the best you can hope for is a one day gain of 100%. If it can close near .08, we may get another rally tomorrow.

Wed Jun 08, 01:46:00 PM EDT  
Blogger beanie11111 said...

Got to run an errand. Will be right back.

...roger out...


OOusterOO,

Can you please repost your email address. Will email you once i get back.

Wed Jun 08, 01:57:00 PM EDT  
Blogger TV107 said...

who here thinks this run is over after today on cyos?

Wed Jun 08, 02:17:00 PM EDT  
Blogger beanie11111 said...

CYOS:

This is it.. We get another rally tomorrow!

Wed Jun 08, 02:35:00 PM EDT  
Blogger beanie11111 said...

OOustlerOO,

You got mail, sent 11:39:46 Pacific Time

Wed Jun 08, 02:44:00 PM EDT  
Blogger beanie11111 said...

coolguy,

I didnt give out much alerts today. Mostly playing CYOS.

You guys should take some off the table as we move higher.

Wed Jun 08, 02:46:00 PM EDT  
Blogger beanie11111 said...

Pretty amazing that the online gambling industry already produces 1/2 as much of revenues of Las Vegas.

Wed Jun 08, 02:49:00 PM EDT  
Blogger beanie11111 said...

CYOS:

I still have about 65% of my shares in this stock. Let's see what shakes tomorrow.

Wed Jun 08, 02:50:00 PM EDT  
Blogger TV107 said...

i expected a close anywhere from .6 to .65 - the lower the better

cyos is still the stock to play tomorrrow

the question now is at what point the run will begin tomorrow

this has 10cents potential written all over it by friday

Wed Jun 08, 04:07:00 PM EDT  
Blogger beanie11111 said...

TREN:

Really think about selling tomorrow.

Wed Jun 08, 04:24:00 PM EDT  
Blogger beanie11111 said...

CYOS:

It tried 3 times to get to .08 but couldnt. The reversal of the last peak was time to take some more profits off the table. The last hour of trading was nothing but red on the chart.

Nevertheless, volume for this stock is immense. It is no longer whether it will break .08, it is only a matter of when.

We closed slightly above the 2 day uptrend line. We could get some selling pressure tomorrow, but i believe the absolute low is at .05, and if it gets there in the morning, there will be buyers. It would be a great daytrade.


I wanted very much to buy a batch at the close of .06, but will wait till tomorrow morning. I get the feeling that CYOS will probably move up first thing in the morning.

Wed Jun 08, 04:38:00 PM EDT  
Blogger beanie11111 said...

*** Beanie Alert *****


OOustlerOO,

Awesome job on the new website! I don't know how to use it yet but once i do i will post over there:

www.beaniestocks.com

Sign up, everybody!!!!

Wed Jun 08, 04:50:00 PM EDT  
Blogger TV107 said...

stick with the old site

Wed Jun 08, 05:12:00 PM EDT  
Blogger beanie11111 said...

OOustlerOO,

What does a "moderator" do on the website anyways?

Maybe you can be the moderator. I surely suck. lol

One more thing. Do you know how to create a real time daytrading chat room within the beaniestock site? I am sure everyone here would like that.

Wed Jun 08, 07:11:00 PM EDT  
Blogger beanie11111 said...

CYOS:

This stock is now a great daytrader's stock. It's going where NEOM and MOBL are. It's headed higher. Believe it!

Wed Jun 08, 07:13:00 PM EDT  
Blogger beanie11111 said...

OOustlerOO,

I nominate you to be "moderator" of the new site!

lol

Wed Jun 08, 07:16:00 PM EDT  
Blogger beanie11111 said...

OOustlerOO,

It seems the "time" of the postings at the new site are off. Can you fix that?

Wed Jun 08, 07:22:00 PM EDT  
Blogger beanie11111 said...

To all Beanie Readers:

OOustlerOO has created a new website www.beaniestocks.com , which will help us sort out the mess on this blog. I like posting on this blog because it is quick and easy. We gonna be using both sites for awhile, or until a real time trader's chatroom gets put on the new site. Eventually, I'll let you guys decide which site you prefer me to use, or whether you want me to keep this blog.

Wed Jun 08, 08:58:00 PM EDT  
Blogger mr said...

Stopped out IIP .46 sorry guys bad trade. that's why i like amex nasdaq trades so we can use stops

Wed Jun 08, 09:24:00 PM EDT  
Blogger mr said...

Beanie i like the new site just make sure we can find your picks easily there. thanks
singh

Wed Jun 08, 09:26:00 PM EDT  
Blogger beanie11111 said...

Singh,

I have asked Ustler if it is possible to do mass mailings of some of my stock entries and important information to all the members' emailboxes all at once.

Add to that a realtime chatroom, would probably make the new site very awesome.

Wed Jun 08, 09:33:00 PM EDT  
Blogger TV107 said...

to which site will u post first?

sometimes seconds matter.

Wed Jun 08, 09:57:00 PM EDT  
Blogger beanie11111 said...

tv107,

The new site, as it is, cannot mirror the quickness of the blog yet. It is very good for putting stocks in folders, for continuous members exchange of information if you have or are interested in those stocks. But i simply cannot see, as of yet, how we can exchange information (for quick retrieval) of the day's events like this blog. A realtime daytrading chatroom definately helps, but only good if you are constantly looking at it. For those who don't daytrade 8 hours a day, they are gonna miss much of the info the scrolls thru a realtime chatroom.

Perhaps Ustler can figure out something. He's done a tremendous job with the new site, which will probably take me 9,000 years to do. Totally awesome.

Wed Jun 08, 10:26:00 PM EDT  
Blogger beanie11111 said...

bdgee,

OBDP news is very good news. The stock should rise tomorrow! This is what HISC did before it took off. Holy cow, this beanie pick will turn out decently profitable (besides the one day 30% pop to 1.43 several weeks ago). It still needs to break 1.50, which is strong resistance.

Wed Jun 08, 10:32:00 PM EDT  
Blogger beanie11111 said...

OBDP got news tonite: http://biz.yahoo.com/bw/050608/85947.html?.v=1

This is the same thing that HISC did before the stock took off from .005.

Management of OBDP basically cancelled 64 million of their own shares. The stock should move higher tomorrow. If you still have it, i am saying congrats in advance. If you bought around 1.09 (where i entered) you will be profitable tomorrow. If you bought much higher, you will probably come out at least break even.

If the ebay consignment stocks run tomorrow, you might want to put AMRE and NAUC on your radar as well. These 3 stocks are now at decent support levels.

Wed Jun 08, 10:43:00 PM EDT  
Blogger beanie11111 said...

coolguy,

GIGM - i will only buy if it breaks above 2.05

Wed Jun 08, 10:47:00 PM EDT  
Blogger beanie11111 said...

bdgee,

Tomorrow may be the day NAUC, AMRE, and OBDP rally. NAUC has support at 2. You might as well wait to see if it breaks down.

Wed Jun 08, 11:02:00 PM EDT  
Blogger beanie11111 said...

bdgee,

No it is not a suggestion to sell GIGM. All i am saying is that if it breaks 2.05, the "force" is with us. lol

Wed Jun 08, 11:04:00 PM EDT  

Post a Comment

<< Home