Posts Tagged "penny stocks"

HMNY trade for 6/7 – 6/10/2016

Posted By on Jun 10, 2016 | 0 comments

Nanocap stock $HMNY (Helios and Matheson Analytics) released news regarding their acquisition of privately held software company Zone Technologies on Tuesday June 7th with no deal terms disclosed. In other words if you read in between the lines, the company was bought dirt cheap and probably has worthless products. Note that $HMNY received a NASDAQ notice of delisting or failure to satisfy a continued listing rule or standard in...

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CRDS trade for 5/3/2016

Posted By on May 3, 2016 | 0 comments

Penny stock pumping by newsletters or chat rooms often provides great shorting opportunities. We don't trade as many penny stocks as we do NYSE/NASDAQ stocks but today Crossroads Systems ($CRDS stock) was pumped for no reason and went up over +100% today with no news out from the company. We saw it as a prime example to short the pop. Penny pumps usually all end the same way = crash and burn right back down. Started shorting at $0.57...

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