iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,443 Blog Posts

It’s a Madoff World

I put up a Godly screen for low priced breakouts over at The PPT. Enjoy.

As for you, the ingrate, I will share several thoughts and names. Firstly, I would like to say, before this rally dies a horrific death, it will produce HUGE small cap winners. As you know or not, towards the end of any bull run, the shit floats to the top. Back in the day, when I was as dumb as a bag of black bricks, I’d get caught with a portfolio full of offal, just in time for the hammer of certain death to rain down on my stone-head. However, now that I am all smart and shit, I go into such said trades with two eyes open, always on the lookout for grisly men with big hammers, scouting for degenerate OTB guys.

Back to the point: Although low priced stocks aka “OTB picks” have moved up in price lately, there may be another inning or two left, prior to their ultimate and most definite demise.

Courtesy of The PPT, in conjunction with the Grande Recursive Order of the Knights of the Lambda Calculus, here are some stocks under $10 worth exploring:

AIRV, HIMX, YGE, CSIQ, ANH, GLG, TIBX, CY, IAG, NSANY, TLAB, DLM, INFN, HL, CHS, AZK, ES, LMC, ICGE and CACH.

UPDATE: More bullish news for stocks.
[youtube:http://www.youtube.com/watch?v=PK2LBTumItc 450 300] If you enjoy the content at iBankCoin, please follow us on Twitter

53 comments

  1. Some Dude

    Thanks Fly.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. Uhhhh, are you playing more April Fool stuff? How about TNA?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. Trader Bob

    Fly,
    I’m signing up too, How much of my donations will go to freeing Bernie Maddoff. I have a feeling that Bernie’s family really “made off” like bandits.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. The Fly

    Anon

    No fools. I might belly up to the gambling table.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. The Fly

    TNA is good.

    Also, check these fuckers out

    EDC, TYH.

    Indeud.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. fence sitter

    FLY

    Is there a screener in the PPT to screen for ‘under $10″ based on strength, etc. to get a list like this ? I guess my question is, how do you go about about using the PPT to make a list like this ? I’m tired of being a burnt out hyperactive monkey.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. Damon

    Offal and Offings?

    Yummy!

    Hot dogs from Britain.

    Mad Cow, anyone?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. Damon

    Oops.

    I forgot bangers and eggs.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. MOOBER

    I prefer bacon. Bacon sex, that is.

    http://failblog.org/2009/04/01/product-fail/

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. The Fly

    Fence

    Screener scouts for stocks under 10, with “technical score” over 3 (buy) and hybrid score over 3 (buy), using PPT metrics.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. fence sitter

    FLY

    curious why you are 90% cash, when I thought you would be putting, no idea, 40, 50, 60% of your cash in the ‘strongest’ PPT stock picks. Bear market rally or not. What am I missing here ?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. alf44

    Dumb Question…

    WRT…”VectorVest”…or, any number of other stock screeners…but “VV” in particular…

    …How is “PPT”…

    Better…

    Worse…

    The same ???

    —————

    Go ahead Fly…an answer from YOU would be much appreciated…and don’t feel like you need to be abrupt or concise …ie…elaborate !!!

    TIA

    .

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  13. Snapini

    The Snapettes and the Other Snapettes Minature Pony Drill Team from Redwood City, CA and the BOD from our Sister Corps, The Saint Licks Bag Pipe Jazz Band, not to mistaken with the sound of late 90’s garden variety leaf blower send their regards with a wink and a nod to the the Grande Recursive Order of the Knights of the Lambda Calculus. We believe this instination is priori size indeud.

    Snapini

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  14. The Fly

    Better, mainly due to me making it.

    Fence

    90% cash is due to career move. But, even if i was 100% up and running, i would not dump money into top rated stocks like that either. The system is much more complex.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  15. El Tiberon

    Screw BSE (Mad Cow) it’s all about Kuru…

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  16. Damon

    Fence:

    I could be totally wrong, but I’ll take a chance at calling it “capital preservation”.

    In an unpredictable new world order, which we are being forcibly rammed into by our “elected officials” and “world leaders”….

    I think The Fly could get elected right about now, how about you?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  17. Goldie

    Glad I bought my TNA on the “death” of this rally on monday.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  18. alf44

    ’bout the answer I expected…

    …not exactly a compelling reason though…IMNSHO !!!

    —————-

    g’luck with it…none the less…

    Regards !

    .

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  19. Damon

    This rally will die such a horrific death, you will be begging you sold, days after you didn’t.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  20. skvm bvkkit

    Totally off the wall weird.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  21. alf44

    “This rally will die.”

    ———————–

    While I agree…I’m ALSO reminded of an old trading axiom…

    “…the Market can remain irrational…
    …LONGER than you can remain solvent…”

    ———————–

    Might wanna write that one down !!! fwiw

    .

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  22. Goldie

    Damon. Don’t hate.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  23. Mustafa Muhammed 2X

    What the fuck is so “dumb” about black bricks, you oatmeal eatin’ offay mothah-FUCKah??

    ____

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  24. The Frog

    Prediction for tomorrow: SRS will reach all time lows in the early part of the trading day. I will buy a large position in the high 40s. Friday, the market will sell off at which time I will part with half my SRS in the mid to high 50s for a quick profit. I will ride the rest to 70 and 90 eventually.

    Though it is scientifically possible for this trade to fail in highly controlled laboratory conditions, it is statistically unlikely.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  25. Damon

    Goldie:

    Jesus said to share.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  26. stock picker

    fly
    admit it fucker, you have been wrong since we hit the bottom
    you have shorted the rally and you have been proven wrong.

    You have been wrong for the past 10 days.

    its time to drop the towel and admit it.

    Every fcking recommendation has been proven wrong, since you are on the wrong side of the trade and time to admit the mistakes.

    that will be a good start.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  27. Q4

    Bitch I’m Back http://www.youtube.com/watch?v=o12G3EdCUxI

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  28. Goldie

    I will share… The 78.6 retrace from the Jan. High of 943 is 884. The 61.8 retrace from the election high is 877. If we get through the 830-840 resistance this bear rally will probably stall out in that area. 875 is my personal target but that is not written in stone. My 2 pennies…….

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  29. Damon

    Sorry, Goldie.

    I guess growing up in Malibu in the 70’s and 80’s really made me narcissistic.

    The market will go up from here.

    Nevermind.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  30. DPeezy

    lol, FREE MADOFF!

    I may be late to the party noticing it, but that banner lights up my life.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  31. The Fly

    Interesting, stock picker.

    Since I’ve been in 100% cash for two weeks and prior to that was long into the rally, I find it interesting that you continue to heckle me.

    Even my recent moves, SRS, FAZ, TLT, SCO, SPIL have been done in extreme moderation and are not wrong. If I should lose a few points in a name or two, who cares?

    I am NOT a loser day trader like you. I go for big moves and build positions over time. So, in summary, you are a pathetic heckler with a small book of business and I am King Kong with a python sized cock, with respects to the business.

    In short, you’re banned.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  32. hammy

    a burmese python?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  33. wiglebot

    Free Madoff, funny

    Anyway, Fly, have you performed the valuation projections of the general market if things stay this bad of get worse. The shit your screaming about is priced into the market.

    I have been long and am staying long unless something serious happens that is not being whispered by every school girl in NY.
    .

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  34. The Fly

    Wiglebot:

    If I had a nickle for everytime one of you lurkers said that, I’d have a lot of nickles.

    You will stay long until it doesn’t feel good anymore. Most people take the path of least resistance, hence mediocrity.

    I am not casting an aspersion on you, per se. However, I find it interesting that I need to somehow validate every little move I make, after years of bowling on you fuckers.

    To think, I am taking heat for being in cash. Height of absurdity.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  35. Juice

    World War 3 has been put off .. iow, world peace may be breaking out

    http://news.yahoo.com/s/ap/20090401/ap_on_go_pr_wh/eu_obama_russia

    We may have to price that in to the tune of another 25% rally.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  36. j

    Flymiester:

    Dude, take it easy… You’re up 25% this year. You get a little pos wrong and the envy squadron comes out. Laugh at them..

    For the second time, I took your advice and bought a little SPIL. Let’s hope it does well…..

    ———

    Meanwhile aussie Yen is roaring ahead and Yen ought to soon break though 100 on its way to 110.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  37. omfgitsjd

    FLY WINS AGAIN !

    http://www.youtube.com/watch?v=6gjXZdT0Qqw

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  38. mrs.buttons

    Hey Mr. Fly,

    curious to know how you might play one of your under 10 dollar stock picks – say CSIQ – great chart, but – it’s been ripping lately..much more upside left? CSIQ canadian solar stock..solars have been on fire lately so not sure whether this is sector related excitement or stock specific..I bought some last week for a swing…

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  39. ZenProfit

    Senor Tropicana:

    “I was as dumb as a bag of black bricks.”

    I didn’t know that you could write that after 1/20/09.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  40. mrkcbill

    Ken Lewis has a python sized cock with respect to banking of course.

    GM bankruptcy is rear view mirror now….. LMAO … and you think those fuckers in London playing Red Rover Red Rover looks bad…wait until they take the party to the Motor City.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  41. Fly, you holding onto your FAZ?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  42. j

    ECB cuts a 1/4 and does it’s best to destroy the European economy.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  43. fool

    Fly,

    are you selling your FAZ at open or are you going to wait until 10 or 11 today?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  44. TraderCaddy

    mrkcbill- Actually I believe they been having one great big party in the Motor City for about twenty years now.
    It is time to secede the city either to Iraq,Iran or Lebanon.
    I understand one of their largest high school is called Hezbollah High by those in the know.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  45. 308

    Some Cashin’s comments excerpts (for The Prof and anybody else who cares):

    On yesterdays rally:
    Around 1:30, floor chatter turned to today’s meeting and vote on “mark to market.” When it was discovered that the meeting would convene at 8:00 a.m., a new hypothesis began to evolve. With the meeting so early, there was a risk that mark to market could be changed before the opening bell rang. That seemed to spook the
    shorts.

    S&P

    Cocktail Napkin Charting – The chance of relief on mark to market has futures flying this morning. At dawn the S&P
    looks to open around 825/830. .. A move to 825/830 would not only close a gap on the charts, it could penetrate a
    downtrend line connecting the November and January highs. For today, we’ll look to first resistance at 825/830. Then
    there’s the very, very critical 840/845 area. Support looks like 795/800 and then 778/782.
    Consensus – A lot may hang on mark to market. They may not loosen enough to please the markets. Secondarily, there’s
    always the “sell the news” risk. Shorts are nervous. Stay very, very nimble.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  46. Some Dude

    “Height of absurdity” = “The Fly” dignifying these douche bag hecklers with responses. Best way to make trolls go away is stop feeding them. They thrive on conflict because their pathetic lives mean nothing and they know it.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  47. TraderCaddy

    308- I would think the mark to nmarket stuff would be baked into the price now, but hey who knows.
    Look at what crap like FITB has done in the last week.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  48. Trader Bob

    I remember a time when Andrew Dice Clay phoned in to Howard Stern’s show. Dice Clay started talking shit to Stern and Stern took the volume way down on Dice Clay’s microphone. This was hilarious becuase you could here Dice Clay screaming in the backround as Stern ripped him a new asshole. Stern said Dice Clay’s career was over and Clay’s show on UPN was soon to be cancelled becuase it ranked near the bottom. The Fly just muted stock picker and flushed him into oblivion.

    Fly what shall we do with SRS and FAZ?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  49. Some Dude

    I only have 1 regret in my life. Not going ALL IN with every penny I own last night and selling at the open. Everything is sky rocketing. But will it last or will we be tickertards!?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  50. T MOE

    FASB has allowed the banks to place another shell in this shell game. Once again the club protects it fellow members while the common folk get duped

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  51. T MOE

    T MOE shorts GS at 115

    • 0
    • 0
    • 0 Deem this to be "Fake News"