No trade for me today. Still holding my LATI from $2.55 entry and will be looking to sell on Thursday if it’s not speeding up. Many traders are looking to short this so I am looking to be out by this week before they crash it…. Lol Here is my watch list for Tuesday 19th of July:
Liberty Silver Corp. (LBSV.OB)
I really like the trend here. It is going about 3-5% everyday and probably will hit $1 before major trend reversal. Then probably come down to $.50-$.60 before ripping back up and re-test $1 again.
Sonora Resources Cor. (SURE.OB)
Block trades came in around 1.30pm and follow by uptick on air. This should be a good promo speculation play. 25cents upside and stop loss 5-7 cents.
Prophecy Platinum (PNIKD.PK)
Volume is very light but the graph will draws some of buyers in eventually. This thing will break $3 easily in my opinion. Graph looks like promo set up and I don’t think this is done yet since the “D” still attached and volume still very light.
Mainland Resources Inc. (MNLU.OB)
Also very light $vol right now but I think this one might be due on promotion soon. The chart screams trend reversal off the bottom and can spikes any day. Just need some catalyst from ihub board again.
Shenkai Innovations, Inc. (VALV)
Tweeted by “Mixter X” today and volume still strong. This is a short potential for me and it’s going to crash big. I would like to see some weakness before shorting on g/r with fading volume.. etc. Also big morning spikes into parabolic action would works too.
Qiao Xing Universal Resources, Inc. (XING)
Since this is a pump by HotOtc, I am looking to short on first down day from g/r. This has history of big run-up, so watch out for getting squeeze if going in too early. I think this has potential of reaching $1.70 before inevitable crash down to $1.10 range again. So, if $1.50 breaks tomorrow with volume then it’s a buy signal. PS. Take profit when you see it. Scalp on this one is not a bad idea.