Timothy Sykes Timalerts day eight

I just figured out something, if you place a limit order to short above the market it is a fast way to find out if there are any shares to short.

I just put a limit order to short AIG at 2 full points above the market and I got this message:

Shares of this security are currently not available to short sell.

That is a lot faster than trying to call them and spending 10 minutes waiting for them to answer and check the stock.

I was reading that some brokers have restrictions about shorting where they charge you $2.50 per share to short no matter what the price of the stock.

So if your dealing with a stock trading at .001 then each share is going to cost you $2.50 so pretty quick your going to need a million dollars in your account to have a chance to short and make $100 which obviously is not going to work out.

i got the tip from investorunderground chat 99$/month but they have a free trial for 2 weeks so you can see what it is all about.

PennyBandit says: I'm reading William O'Niel's book "How to Make Money In Stocks" and it's really enlightening.

even_keel says: Anyone check out NextBarTrading.com?...interesting strategy

http://www.level2stockquotes.com

very mixed sell signal
almost neutral (20 seconds later)
play it if you will as a sale if you play it at all (20 seconds after)
in 900.50
looks like Oscar didn’t trade the AD today, kind of forgot about it again.
Only mention was 1.5 loss posted.
Then -1.00 loss
Ok, Oscar did come back at 1:15 and post EXIT AD a few seconds before the close.

http://www.tradingconceptsinc.com

http://stockreads.com/Stock-Newsletters-Browse.aspx - a feed of a whole bunch of news letters.

http://stockreads.com/Stock-Newsletter.aspx?id=12476 – here is one on NHYT which opened way up today then immediately started selling off all day.

http://twitter.com/stockchaser - got something on my RSS feed that said these guys have almost 9000 people following their twitter account.

http://pennystockchaser.com

I don’t really know how twitter works, but I guess I may need to try and figure it out.

http://www.wideworldofstocks.com  is gonna feature VRAL (in exchange for 19 million shares!!!!)
very similar to SPNG

the dean of collegestock.com is on their infomercial,

Defend Your Big Blind . . .  When You Know How
Playing hands when seated in the big blind -- the second position to the left of the dealer button -- can be tricky.  On the one hand, you’re in bad position because you’ll have to act early in all future betting rounds. On the other, you’ve already invested money in the pot.

Let's look at a $10-$20 Limit Texas Hold'em game scenario.
In the big blind, you hold 7-8 offsuit. A player in middle position raises the pot and now it’s just you and he left in the hand.  Sure, 7-8 isn't a very strong hand, and you wouldn't play it from an early position outside the blinds, but should you call with this hand if you've already invested a bet?

Take a look at the math.
Your opponent has thrown $20 in the pot. In addition, there’s also $5 from the small blind, plus the $10 you've already put in.  That adds up to $35.  It only costs you $10 to call.  You’re getting odds of 3.5:1, and you only have one player to beat.

It’s clear that 7-8 offsuit isn't going to be a favorite over most of the hands your opponent will raise with, but since you’re getting such favorable odds, it doesn't have to be.  Consider that if your opponent raised with A-K, your 7-8 still has a thirty-eight percent chance to win the pot.
Making the call is a reasonable play.

In a No Limit Hold'em tournament, it really gets interesting, especially when antes are added to the mix.  Once again, you’re in the big blind.  This time your hand is 6-4 offsuit.  There are nine players at the table who have anted 100 each, and the blinds are 400-800.  Right off the bat, there’s 2,100 in the pot.

A tight player, representing a strong hand, raises the minimum under the gun (the position that must act first). Everyone folds to you, and you’re faced with the prospect of putting 800 in to call.  With his 1,600 raise, the pot now totals 3,700. 
You only have to call 800 more to win 3,700, giving you close to 5:1 odds.  Even if your opponent shows you that he has pocket aces you'd still want to call this bet; pocket rockets are only slightly better than a 4:1 favorite against 6-4 offsuit.

There are some drawbacks, however, to defending your blind with trash hands.
 
When you start with garbage out of position, you might find yourself forced to make very difficult decisions.  For example, if the flop comes 9-6-2, should you bet with your 6-4? Should you check and then fold to a bet?  What about a check-raise?

Playing optimal poker isn't easy.  The very best players in the world -- those that consistently make correct decisions in sticky situations -- are generally known as tough blind defenders.  Without doubt, they do the math, but they’re also very confident in their ability to read opponents and to strategically bluff them out.

Ideally, that should be your goal as well.
 
You need to learn to defend your big blind, but it's not a strategy a beginner can master immediately.  As a novice, you'd be better off folding some of your big blind garbage so you won't make costly mistakes later in the hand.  Even the best professionals won't defend a big blind with 7-2 offsuit (with the exception of Gus Hansen who's known to be an extremely loose player).
 
By defending your big blind more often, and contesting more pots, you'll send a message to the rest of the table that your big blind "is not for sale". That's a table presence that really works.
Incidentally, if you know that a certain player in the big blind will only call a raise with a very strong hand, never give him a break.   Apply maximum pressure on him.

However, if a big blind player sometimes re-raises, or calls most of the time, give him a little respect.  Instead of raising his big blind at will, be more selective against him, and go after easier targets.

 http://collegestock.com/blog/the-deans-superchirps-make-students-money/ - why is college stock still pumping VRAL on July 12th, the play has been over for more than 3 days? every one has been selling for 2 days? very strange?

July 14, 2009