Profits on IFON But Missed the Ride

My plan for riding the 200ema bounce on IFON work... but not as well as it could have. My 8% trailing stop did its job and netted me a nice 10%+ gain, but unfortunately the ticker began a really nice climb that I missed out on.

In fact, between yesterday's gain and today's gain IFON climbed to $3.21 at the EOD and all the way to $3.50 A/H!!! Man, that would have been a great win to claim.

I'm going to continue to watch this stock and look for a re-entry at the 200ema. If it drops there again I think it's likely to continue with its bounce pattern.

GLUU & IFON: What's Going On?

Friday saw GLUU continue its drop in price and we're now sitting below $5... really sucks and highlights the reason of why you need to have a trailing stop in place. I'm now at a NEGATIVE 34% on the position which would be my larges loss if I closed the position. I am continuing to hold however, but not just because I don't want to take the hit, it's mostly because I still see the stock bouncing to the $7 to $10 range near or after Q3.

Here's a couple of recent articles on GLUU:

Seeking Alpha

Street Insider

The new position this week on IFON ended the week in the green but only by a hair. We are still bobbing around on the 200ema and the pattern holds. Between June 10th through the 18th the ticker saw a similar bobbing action before rising to $2.27 and then dipping back to the 200ema for another bounce that shot up to $2.46.

I have the 8% trailing stop in place but I'm thinking I won't need it. If the stock hits the 10% mark I'll tighten the stop to 2% or 3%. With this pattern usually hitting a gain of 10% to 15% that should leave me with no less than 8% gains. I may manually take profits at the 15% though.

Finding Breakouts Part 3

Finding Breakouts Part 2

Finding Breakouts Part 1

This three part video series on locating breakouts is done really well and very useful. Enjoy the find!

Seeking Alpha Article Bullish on GLUU

A new Seeking Alpha article was published today highlighting why traders may want to get in while the stock is still low.

From the article:
Stone Fox Capital

Bottom Line

The best part about a secondary in a growth stock is that it typically deflates the stock price while at the same time padding the balance sheet with cash. New investors get the opportunity to enter the stock at an artificial low with the extra security blanket of a balance sheet loaded with cash. In this case, investors had the added proof of the process working in the past and a prime example of how the company can use a small amount of cash to turn a distinguishable game franchise into a mobile winner.

The recent secondary by Glu Mobile was undoubtedly frustrating to existing investors at the time, but anybody paying attention to the balance sheet knew the possibility might exist. As with Zynga and its large cash hoard, it's really what the company does with the cash that matters as much as how it was obtained. Glu Mobile has a history of utilizing the cash cushion to further the company and investors should opportunistically take advantage of the current and future dips in the stock.

Use the recent weakness in Glu Mobile to embrace the stock as it continues to create top downloaded games.

Trade #7: IFON and the 200ema Bounce

I've been watching this ticker for a while now because I noticed that the price shows a pattern of bouncing off of the 200ema and then topping roughly at a $0.50 gain. The pattern was very regular with 5 full bounces before I placed my order on the 6th dip to the 200ema. The fact that it has bounced off of the ema so well leads me to think that I can either catch a nice 10% gain or their may be a breakout on the horizon with a much larger upside.

Small position of 220 shares with a limit buy order of $2.05.

Stuck on GLUU, Will Longs See Gains?

With the recent drop in stock price for GLUU I've seen a lot of long traders griping in the StockTwits board as well as several Shorts sending out jabs at the longs. While its all entertaining... and I admit, a little fun to contribute in comments, it does leave me wondering where this stock is going. I'm long with an entry @ $7.45 (2nd position pre Q2 ER that I removed the stop on ~ dumb ass I know ~)

I'm still holding because I strongly feel that this ticker will climb back to the $7 and $8 range, and likely see higher near the Q3 results.

This is why:

1. New games are ranking high and giving larger competitors major competition.
2. Unique monitizing platforms for their products.
3. The acquisition of Cie games is set to complete by the end of Aug, stock dilution should see a correction when that completes... unless the deal isn't finished on time.
4. Sept. 1, insiders are allowed to buy back in to the company
5. Oct. Q3 results are do and the profit numbers are huge this quarter!
6. I'm betting that sometime Sept we see "smart money" placing positions. 

Stop Triggered on LSG: New Game for GLUU is a Hit

Unfortunately $LSG continued to slow and I saw today's dip trigger my 8% trailing stop. It gave me a small 2.62% gain... but with the smaller position size the fee hit me and caused a loss of $7.94. I was hoping for at least a 10% gain before the trigger was pulled but oh well. The stop did it's job and protected me from a larger loss. I may look for a re-entry later but I'm waiting for the GLUU position to finish first. I think my next trade with utilize a full half of my capital to maximize my position size.

-------------------------

From StreetInsider.com

Glu Mobile (GLUU) Introduces 'Tap Sports Baseball' App

Glu Mobile (NASDAQ: GLUU) announced the availability of Tap Sports Baseball on the App Store and Google Play. Players assemble and manage their own roster of players, make game-time decisions, and play against Game Center and Facebook friends. Glu has partnered with the Major League Baseball Players Association to include the names and numbers of real-world baseball stars, adding to the realism of the game.

"We are excited to enter the sports genre with an easy to play, highly social experience in Tap Sports Baseball," said Niccolo de Masi, Glu CEO. "Tap Sports Baseball delivers an authentic major league experience through one-touch tap controls, exciting offense-centric gameplay, and through Glu`s agreement with the MLBPA, many of today`s star players."

Other Article from MarketWatch

Lot of talk on the StockTwits forum for GLUU. Sounds like this is a new hit for the company and with some luck we'll see this reflected on the ticker price.

Glu Mobile Short Interest Up 50.8% in July

An Article on GLUU from WKRB: Zack Kirkland

"Shares of Glu Mobile (NASDAQ:GLUU) were the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totalling 18,129,101 shares, an increase of 50.8% from the July 15th total of 12,023,499 shares, AnalystRatingsNetwork reports. Based on an average daily volume of 15,314,010 shares, the short-interest ratio is presently 1.2 days. Currently, 21.0% of the company’s shares are sold short."

King Places Blame on Glu Mobile!

GLUU has begun to climb again and with some luck we'll see this as the start on a long running upward trend to catch the $7 to $8 trading area we saw before the ER. Sept 1st is the date insiders of Glu Mobile can buy back into the company and it will be interesting to see how big the positions are when they are placed. Q3 is set to be huge.



From Seeking Alpha:

GLUU + 1.5% AH after King partly blames Kardashian game for woes.

• Candy Crush Saga developer King Digital reported light Q2 bookings and provided disappointing Q3 full-year guidance. The company says, "Eteral factors" such as the popularity of Glu's Kim Kardashian Hollywood are taking a toll on Candy Crush activity.
• Glu has received a small lift from the remarks. Shares are still well below where they traded before the company's July 30 Q2 report
• COO Stephane Kurgan of King:
  "There are a number of possible external factors, one of which is obviously competition, and indeed we've seen a number of games emerge in the top 10 where there is clearly a demographic overlap with our business. "You have two categories, right? You have, you know, a very successful game from Glu, which is the Kardashian game, which has risen very fast, which clearly has strong overlap with our demographic. "But you also have a game like '2048,' which is another great success which we haven't seen in the top grossing, but which obviously has an impact on the time, on the minutes being played by your player base."

An Important Message from Lake Shore Gold CEO

Realized Gains Today with LSG!!!

With my 8% trailing stop in place its a little bit of a wait to reach the realized gains. Today, $LSG rose 6.84% and put me in realized gains of 1.17%.

Now the only question is do I take profits if the unrealized reaches 20% or to I let it sit and grow?

either way it green for me!

I See Green for GLUU in the Next Few Days

Glu Mobile's CEO was on Fox Business today and had a lot of very positive things to say about the company's future.

1) Mentioned that while he was in Hollywood to set up the Kim Kardashian deal he was, "there to strike a number of partnerships" This may mean that they have several other celebrities on board and we may see multiple celebrities based games coming out on the same platform. Big money for them!

2) Mentioned that Glu Mobile will also become available on other gaming systems.

3) An investment in GLUU is an investment on the mobile phone market... which is HUGE!!!!

4) Following Apple and Google on where ever they go. Those two companies are market makers and leaders in disruptive technology when it comes to gaming, online platforms, and handheld technology.

FOX BUSINESS VIDEO HERE

SEEKING ALPHA: GLUU 08-05-14

There's a new article on GLUU published on the Seeking Alpha site. Check it out.

Monkey See Monkey Do: LSG

With the markets seeming to like the color red recently it isn't all that surprising that Gold has stayed in the green or at least level. Luckily for me, that helps my position in $LSG which has seen some minor gains since I placed the trade. I'm hoping to take profits around the 10% to 20% gains area.

 1 Year Chart: +264.52%

YTD: +126%

6M: +73.85%

3M: +37.80%

1M: +8.65%

5D: -0.88%

1D: +1.80%

VP of GLUU Sells 37,596 Shares: Good or Bad?

Well my 2nd position in $GLUU continued to drop today and has continued to make me cringe at the fact that I broke another rule (releasing my 8% trailing stop) The position now sits with a nasty -30.48% loss totaling $74.93 in unrealized losses. 

Several traders on StockTwits that are pro GLUU and sitting on long positions too have pointed out that this ticker's history shows large drops post ER and then nice climbs to higher levels a while later. This and the positives within the company itself has reinforced my belief in holding long. Such as profits, products, the recent acquisition of a profitable company, etc.

But with all that said, I was sent an email announcing that the company's VP had just sold 37,596 shares... I'm now wondering what this says and how it will effect the ticker in the next few days.

I'm guessing that it could be profit taking on the VP's part, but it seems odd to do so now, why not back in the 7s? 

Could it mean that the VP is getting ready to leave the company? Not sure.

Analysts Updates for GLUU & LSG

Data From Flashratings.com

Glu Mobile (GLUU)

Median Target Price $8.00 (39% Upside)
Positive Ratings 75% of 4 Analysts
Day Range: 7

07/31	Stifel Nicolaus	buy	$8
07/31	Canaccord Genuity	buy	$8
07/31	Northland Securities	accumulate	$9.5
07/31	Benchmark	hold	$7.93

Lake Shore Gold Corp. (LSG)

Median Target Price $1.50 (37% Upside)

Positive Ratings 60% of 5 Analysts

Day Range: 30

07/31	M Partners	buy	$1.65
07/23	Haywood Securities	buy	$1.4
07/15	CIBC	sector perform	$1.5
07/10	TD Securities	buy	$1.65

New Avatar Charater

For a long time I've used the Doofenshmirtz evil scientist character as my avatar... but I've decided to change that up in honor of what I'm attempting. I now have two businesses up and running, Blurbeo.com and PennyPumpPro.com and I'm actively trading. The process is slow to start, but I'm on the road to financial freedom and that deserves a worthy cartoon character...

So with that said, I give you Mr. Krabs my new avatar :)

Trade #6: LSG

I decided to enter into trade #6 today with another momentum play. $LSG has shown a nice upward movement for several months, the above chart is the 3 month @ day chart. Yahoo shows the 3 month chart with a 32.93% gain.

The company seems to be doing well and is breaking earning records. Not much chatter on StockTwits however.

The position isn't huge, just 198 shares, but I wanted to ensure that I could have my 8% trailing stop in place from the very beginning should it collapse on me. 

From a recent article on LSG:

Second Quarter 2014 ("Q2/14")

• Record production of 52,300 ounces, 70% increase from second quarter 2013 ("Q2/13")
• Record gold sales of 53,500 ounces, close to double the 27,600 ounces sold in Q2/13
• Cash operating cost(1) per ounce sold of US$556, 39% better than US$908 in Q2/13
• All-in sustaining cost(2) per ounce sold of US$784, 38% improvementfrom Q2/13
• Total production costs(3) of $32.5 million compared to $26.0 million in Q2/13, reflecting significantly higher volumes
• Cash and bullion increased $14.3 million in Q2/14 to $53.4 million at June 30, 2014

Six Months 2014 ("6M/14")

• Record production of 96,900 ounces, 79% increase from first six months of 2013 ("6M/13")
• Record gold sales of 96,500 ounces, 80% increase from 53,700 ounces sold in 6M/13
• Cash operating cost per ounce sold of US$585, 38% better than US$944 in 6M/13
• All-in sustaining cost per ounce sold of US$862, 38% improvementfrom 6M/13
• Total production costs of $62.1 million versus $52.1 million in 6M/13, reflecting higher production volumes
• Cash and bullion increased $19.4 million in 6M/14 to $53.4 million at June 30, 2014

EOD Update 07-31-14

Thought I'd do a quick EOD update on my 2nd position in $GLUU. With the market dip and bears attacking the stock after the ER I was really in shock to see the stock drop so far. And of course it took place right after I decided to remove my trailing stop of 8%... Yes, I know I said I was going to stick with the trailing stops... I'm weak and there was SO MUCH good news around the company and the ER that it didn't seem like such a dip would occur.

Even thought the position is now sitting on a loss of -24.7% I'm going to hold. Even if I have to wait until Q3 it will go back up.  With all of the new company profits and acquisition in play I can't imagine we'd see it fall further at that time.

But I've been wrong before.

Holy Cow That's a LOT of Red!!!

I was checking Finviz for a new stock pick and noted the heat map's color from today's market... That's the most red I've seen on a heat map yet... Crazy

ER was all good news: So WHY THE SELL OFF?

$GLUU had a great ER in my opinion with the next quarter set to be even better. Odd thing thought... the stock price drop quite a bit during the session of even more in the after hours. I'm still holding my 2nd position as I feel this will turn around once the ER is digested and new investors discover the company.

Tomorrow's session should be very interesting.

2009: Timothy Sykes Interviews a Stock Promoter

I was doing to research and stumbled across this video series from 2009 with Timothy Sykes interviewing a stock promoter from CollegeStock.com. A ton of interesting info on the world of stock promotions. Video 3 for some reason doesn't come up in the add video part of Blogger so please use the link.

Video 1

Video 2

https://www.youtube.com/watch?v=zEV_2kcnYzU

Video 3

Video 4

Video 5

EOD Update 07-24-14

$GLUU climbed for a large chunk of the day but fell near the EOD with a final closing in the green with  $7.17. But I think the more note-worthy bit of the trading day actually came from the after hours trades. Someone bought 500,000 shares at $.7.17 and then someone bought 151,834 shares at $7.19.

When YOU Breath Success!

Life has been so stressful for Stacey and I... and from different directions. It's 8:30 and I'm still up. Not because I'm not tired. Not because I don't want to crawl into bed with my wife and 3 year old son. Not because I just downed an AMP! It's because I "HATE" where we are financially. I "HATE" juggling bills and stressing over the stupidest crap. I "HATE" depending on the gov to support my family... I'm up because I WANT success as much as I want to breath! Blurbeo is going to work. My writing is going to work. I WILL PULL US OUT. Watch me! ha. Enjoy the vid. :)

EOD Update 07-24-14

$GLUU took another hit to the stock price and stayed in the red with a close of $7.00 flat. Most of the people following the stock on StockTwits seemed to favor the idea that it was a profit taking issue. I'm still thinking that the price will hit the $9 to $10 mark at or shortly after the ER. I'll be pulling the trigger on my position shortly after ER and moving on to another trade. My gut tells me that this trade will not stay at the higher mark and will likely pull back once the ER and new game dust settles.

Also, a quick update on the affiliate marketing landing page. The domain is set up and working as a forwarding page and I'm already showing 6 unique hits since early Thursday morning. Fingers crossing I can get at least one conversion out of it. Just one will more than pay for the domain.

Just looking at the math of it... 6 hits in 24hrs

6 x 7 days in a week = 42 hits a week
42 x 4 weeks a month = 168 hits a month
168 x 12 months a year = 2,016 a year.

So, if just one person out of 2,016 sign up I've made money without any work. Thanks Tim!

Affiliate Marketing

While writing this blog is a great way for me to learn how to trade pennies and to maybe grow an audience should I start to see some serious gains...  but you'd be a fool not to monetize it in some fashion.

I'm not a huge fan of blogs and websites that overdo the advertising. It takes away from the feel of the site and hurts the overall experience.

That's why I tend to use affiliate links that are embedded within the posts and just a couple of ads on the site.

Out of curiosity I decided to play around with domain names while renewing www.Blurbeo.com for my whiteboard business and I found that TimothySykes.co was available for only $6.95 a year. I quickly checked Tim's site visits with compete.com and found that in June his site had roughly 46,000 unique visitors. I'm betting that I can scalp a few hundred visitors who accidentally leave out the "m" in .com. I've set up the domain as a forwarding page to my affiliate page for Tim on Profit.ly. Maybe I can create a small income stream from it.

EOD Update 07-23-14: Trailing Stop Triggered

Today was another wild day for $GLUU and we saw a pretty large mid-day dip that pulled us all the way down to $6.67 a share. This of course pulled the trigger on my trailing stop with my 1st position's 8% stop and killed the trade @ $7.00.

I'm a little bummed because the stock recovered as it likely would and now my position for the ER is a little over half the size. But I can't get too mad since the stop did it's job and locked in profits of 15.70% gains!!!

It'll be fun to tally up the wins and losses from the last couple of trades and see where my account is sitting. I liquidated the other stocks I had in the IRA and will be trading with a full capital. This will allow me to trade with $300 to $400 positions and have enough to cover an 8% trailing stop from the get go... no freeride waiting time. Also, when factoring the commission per trade I'll only need 4% to 5% gains to break even vs trading with $100 to $200 positions were a near 20% gain is needed to cover commissions. With swing trades, a 4% to 5% gain is a lot easier to see and 6%+ gains over the course of 3 to 10 days is likely.

A New Day and What I'm Watching

Yesterday was a pretty wild ride for $GLUU with the stock mostly sticking to a sideways pattern. Most likely due to profit taking and the calm before the storm that is ER! Their games are still holding strong and funds are flowing... no, reword, gushing into their company from advertising revenue. ER is going to be huge and I'm glad I added to my position. Hopefully the gains from this trade counter act the two losses that I've taken from $WTSL and $WPCS. I've liquidated the last two stocks in the IRA and will likely add to the position more if the funds settle in time and a good pullback presents itself. I still am maintaining the 8% trailing stop on this move but depending on the reaction of the stock post ER and the social reaction on StockTwits I may pull the trigger and take profits after the dust starts to settle and well before the 8%.

~~~~~~~~~~~~~~~~~~~~~~~

While looking for pennies on Sunday/Monday I came across an article that was written by a stock promotion pr company "TomorrowsBlueChips.com" and saw that the stock in question had risen over 300%! I started to dig around on the TBC site and found a list of clients on their disclaimer page. All of the clients are sub-pennies on the OTC which I'm very leery on trading with. But that said, something on the list caught my eye. $TEMN has paid huge amounts for a promotion that doesn't seem to really have taken place yet.

Since May 22, 2014 

$13,400.00 in cash

27,000 common stock

9 million restricted shares

TBC has written a handful of articles since being paid and I've found a few tweets but nothing on a large pr push you'd expect to see with that type of compensation. So what gives? I sent an email to Timothy Sykes via Profit.ly and explained what I'd found and asked what he thought... Tim seems really good about getting back to you if you have an actual question. He's responded twice now!

From Tim: "Don't try to guess a pump's success based on paid pumping, wait for volume/% gains to show you they mean business, lots of failed pumps out there"

 I also found this on InvestorHub by Nabbbss

TEMN -- Top_Shelf_Brands is REAL and EXCITING, because... 

This information, CUMULATIVELY, cries-out for a Stock that SHOULD BE... 
..and IMO...WILL BE Priced at $0.10+ by 2014's end. 


1. Registration Update with OTC/PinkSheets. Done. 
2. Registration Update with Nevada Secretary of State. Done. 
3. Financials Filed for 2012 and 2013 with OTC/PinkSheets. Done. 
4. Attorney Letter has been Filed, to accompany and legitimize Financials. Done. 
5. Retention of top-caliber Houston Law Firm -- Sonfield & Sonfield. Done. 
6. Qualification and Securing of a $5-Million Credit Line/Line-of-Credit (LOC). Done. 
7. Authorized Shares (A/S) REDUCED from 5-Billion to just 2-Billion. Done. 
8. OTC/PinkSheets rating Upgraded all the way from "CE" to "Current" status. Done. 
9. Company Website in development and nearing (they never really reach) completion.http://www.drinktopshelf.com Done. 
10. Selection and retention of a new Transfer Agent (T/A). Done. 
11. Name change in the works, accompanied by proper documentation. Name change
Approved/Implemented June 2, 2014. Done. 
12. Application for a new Ticker Symbol, accompanied by proper documentation. Done. 
13. The Company has Launched an Investor Relations (IR) Website, to maximize transparency. Done. 
14. Top Shelf Brands Holdings Corp. (formerly TEMN) has completed 
negotiations, terms, and conditions, and has Officially Acquired Dziaq Liqueur
and Besado Tequila as the first two Co. Brands -- including the Transfer
of all their Trademark Rights to the Company (Top Shelf)! Done. 

And YET! ...YET the Stock-Price STILL has not hit $.01 (one Cent)! ...TO BE Done!  

So with all that said, I'm going to watch this one and if it seems like the pump is being turned on and volume starts to increase a great deal I'll go long on it with a small position. 

07-22-14 Buying the Dip

$GLUU dipped at the open and I decided to follow suite with several other traders on StockTwits and add to my position with an additional 33 shares. The stock has continued to be in a steady uptrend and the company's products are doing awesome. Also ER is only 7 days away with positive financial highly likely. Social trend is suggesting at least a $10 stock shortly after ER or sooner.

EOD update for 07-21-14 12% REALIZED GAINS

$GLUU shot up at the open and closed with a nice gain of 10% @ 7.47 a share. Even if we see a dip this week prior to ER we will likely see continued gains as their two latest games are doing so well. The only regret I have is not having a bigger position on this one :)

With my 8% trailing stop in place I'm still seeing the climb as the stock grows, and I'm now sitting on 12% realized gains even if GLUU tanked tomorrow.

On the 1 month chart GLUU shows a 73%+ gain... imagine if I had gotten on board at the beginning and was sitting on 65% realized gains! Awesome!

Stay tuned. More to come.

EOD Update 07-17-14: Out of WPCS

One of the things you can count on within the market is that you can't count on it. It's fluid... almost a living breathing thing... and as such will be effected by the world around it. Today's airline crash acted as a catalylist for all of the major indexes to go red. Of course, my positions followed suit.

Both $WPCS and $GLUU ended without gains, but the tougher market session really brought out the true colors of both positions.

WPCS collapsed with a closing of $0.65 @ -15.57% but I took the lifting of the free ride rule and cut losses early @ $0.721 a share. I say early as in the day, but it wasn't not early in my position and the free ride rule caused another gouge in my capital. 

First with $WTSL and now WPCS, I'm going to change the strategy a bit with my positions. I've been using all of the capital per trade and looking to swing past the free ride rule. The logic being that I can grab more shares and have better gains... I'm dealing with such a small amount of capital that I must take into account the effect of my trade fees and how they take away from profits. But doing so has caused me to not use the golden rule in trading "Cut Losses Quickly". So with that said, I'm going to only use 40% of my capital per trade with allows me 60% in reserve to cover my trailing stop.

Speaking of trailing stop, my TS of 8% that I've placed on my position in GLUU kept me in the position through today's volatility. Even with the down market today GLUU proved to be strong and ended the day without a loss or a gain. The bears just couldn't win today. 

Providing the markets go green again I'm suspecting that we'll see high prices before the early ER.

~~~~~~~~~~~~~~~~~~~~~

On a side note. I'm watching $RIC as a possible momentum trade once the GLUU position closes.