StockTwits is Having Some Feed Issues Today

 

"StockTwits.com is experiencing some delays today. Messages are backed up. We're sounding the fail bear! A fix is coming ASAP. Stay tuned and please let us know if you need any help or have any questions." ~ From StockTwits' Facebook page.

5% Stop Loss and $JOEZ

Vin_Trader put out four stocks to watch on 02/11 and I attempted to scalp a quick profit since it was already halfway into the trading day when I checked his blog. It was a loss for me, but not because Vin_Trader had a bad pick... his pick was actually 12% to 16% gainer for the day. There were a few things that went wrong here. One being that I had a poor entry point, I entered hoping that the stock would gain to a 20%+ gain for the day and scalp maybe 8% to 10%, that didn't happen of course and my trailing stop snagged me as the stock began its consolidation period. Which brings me to the other thing I see wrong here, looking back I think I set my trailing stop too tight at 5%. The last few times I used a 8% trailing stop. That said, if the stock drops tomorrow I should be happy with the 5% loss and lick my wounds. 

GLUU Update & Vin Alerts Update

Day two of the week is done and I thought I'd do a little updating. 

GLUU closed in the red @ $5.03 after a mostly mild trading session for the company. I did see that there was some positive A/H trading with GLUU @ $5.05. I'm guessing that we're seeing a bit of consolidation until another upward grind or maybe another catalyst gives it a nice jump. Either way I'm continuing to hold the position I have.

Just for fun lets see how Vin_Trader's last picks are doing:

SD =     $1.87  @ -$0.37

BTU =   $7.48  @ -$0.32

OCN =  $8.27  @ -$0.27

HK =     $2.08 @ +$0.03

Looks like HK is the winner so far but the other three did see movement that could have easily been solid gains if you had stops in place or took an active role in when to pull out... Such as SD on Monday hit $2.35 a share in the morning! BTU at $8.15 a share Monday morning, OCN with $8.77 a share, and HK with $2.23 a share!

I'd say that's a win for Vin_Trader!

Vin Alerts... Watch and See!

When I first started taking penny stock trading seriously I came across the main figure heads of the business, Timothy Sykes, Cameron Fous, Superman, Jason Bond, etc...

There is a lot to learn from them, even without paying for memberships and videos. 

Youtube is full of promotional trading videos from these guys and if you pay attention you will get the basics.

Another great place to learn from is StockTwits, which brings me to Vin_Trader.

I started following Vin early on and while I haven't used his plays I have been observing and learning from him. Vin has even been kind enough to email back a couple of times

His swing picks from 02-03 ended the week with 3 of the 4 stocks at the Friday close with gains.

So I thought I'd post his picks for 02-10 and we'd watch together.. Hell, if my last trade transaction finishes up in time I may take a position on one of them.

From Vin Alerts blog:

SD     starting @ $2.19 per share Monday 02-09

BTU   starting @ $7.82 per share Monday 02-09

OCN  starting @ $8.54 per share Monday 02-09

HK     starting @ $2.03 per share Monday 02-09

I'm really interested in HK and will be watching that one closely.

GLUU Closed @ $5.06

Another strong day for GLUU with the stock closing at $5.06 and great way to end the week. With any luck we will see a continued uptrend next week, StockTwits seems to be positive on the subject.

Now the question is... to I wait until we get as close to a range that limits my losses and look to trade again... or continue to hold and hope we see about the $7.45 area for a profit? Admittedly the mid-$7 range is high and not as likely as a low-$6 range in the next couple of weeks. But still, some traders on StockTwits with way more experience than little o'l me are saying GLUU will go higher give time, much higher.

Thoughts?

Is a Sell of Shares Near? GLUU on the Rise

As you can see by the lack of posts I haven't been trading since around September... This is partially due to the two stocks I'm holding taking dips when I didn't expect it. Yes, I know, I didn't do what I said I'd do and cut loses.

But that said, GLUU looks promising to climb again. It closed at $3.84 today with a gain of +6.37% and a nice +13.54% gain after hours.

Seems GLUU has struck a nice deal with Katy Perry to develop a game similar to the Kim Kardashian game that they did so well with. The great news is that Katy Perry has a much larger fan base and was just in the half time show for the super bowl.

I'm hoping that this spike in after hours gains continues and we see a climb like before. If we see that, I'll be selling my shares and moving on, hopefully with a nice profit.

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.