Another Sweet Trade By TIM, This Time On Video
Posted by Timothy Sykes on Fri 18th of Jan, 2008 12:52:45 PM
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TIM $14,835, Up $219 on the Day, TIM’s First Video
Woke up early Mountain time to cover my 1,000 COINZ right near the open at $2.97—even though COIN opened up big, somebody put in a panic sell order of 6,000 shares with a $3 limit on COINZ, so I took advantage of it.
Also got the trade on camera, check this out bitches:
Very nice trade, little risk, easy $450 profit, on top of the $500 I made on COINW, more than making up for my $500 loss on COIN itself. Case in point why it’s easier to play low priced stocks. COIN perfectly downtrending after gap up, no shares available to short, but I got 1,000 each borrowed of COINZ and COINW from Thinkorswim… tried to short, but got rejected, I have no day trading buying power! Guess it finally caught up with me, LOL.
VRUS is too illiquid for me since I’m not watching the market every second. It’s really about maximizing your executions since the spreads are so crazy. Pissed I was traveling for HLCS breakdown last night, perfect negative close made that early morning drop from $17 to $14 rather predictable. Just the latest Supernova, I’m sure there will be more…
Watch NYNY, it’s a Lionmaster pick on merger/buyout speculation, since it’s only at $1.05, this could get some action, he says he wants $2-3. I’d probably get in, but I have no day trading buying power…oh well, good, no distractions, now I can sit back after a solid but incredibly flawed trading week (wish I’d gotten knocked unconscious to hold my 400 shares short of COIN I originally got at $11.70 and I’d be up $1,200 for the week right now—the dozen or so day trades I did, all added up to like $300, aka why I want to teach you guys to be patient more patient, when POS companies rise due to fluff news like a CNBC mention, they usually fall hard, all you need is patience). But, as usual in my trading, I screw up big time, but the opportunities are so great, TIM is at an all-time high. Time to go see some Sundance movies and film some crazy TIMtv clips… I’ll probably be back on later this tonight, ideally, drunk.
MOS, MELI, GRMN, 3 potential bounce plays, mentioned in my latest AOL article.
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TIM Trades
View All| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| Nov 19 | AENY | $2.80 | $3.02 | $1148 |
| Nov 18 | NLST | $4.16 | $4.40 | $947 |
| Nov 18 | IMGG | $1.42 | $1.64 | $2094 |
| Nov 17 | NLST | $5.04 | $5.59 | $2195 |
| Nov 13 | VRMLQ | $21.50 | $22.97 | $2901 |
| Nov 11 | EONC | $2.61 | $2.80 | $687 |
| Nov 10 | EONC | $2.74 | $3.36 | $9784 |
| Nov 6 | QXM | $4.31 | $4.80 | $1936 |
| Nov 4 | COT | $8.66 | $8.88 | $642 |
| Nov 4 | QXM | $4.61 | $4.89 | $822 |
| Oct 30 | DDRX | $25.70 | $26.53 | $812 |
| Oct 29 | CTDC | $4.00 | $4.42 | $781 |
| Oct 26 | AWSL | $3.24 | $4.10 | $2516 |
| Oct 23 | RODM | $5.27 | $5.23 | $301 |
| Oct 22 | AMLM | $2.69 | $2.97 | $820 |
| Oct 22 | USEG | $6.12 | $6.09 | $85 |
| Oct 20 | CBOU | $8.93 | $9.06 | $243 |
| Oct 16 | VRMLQ | $16.79 | $18.65 | $2773 |
| Oct 13 | YONG | $11.05 | $11.66 | $1202 |
| Oct 13 | NPHC | $0.59 | $0.71 | $583 |
| Oct 12 | IMGG | $0.60 | $0.70 | $682 |
| Oct 9 | ZAGG | $5.50 | $6.10 | $2380 |
| Oct 7 | GVBP | $0.03 | $0.27 | $702 |
| Oct 1 | NPHC | $0.70 | $0.85 | $1482 |
Total: $98,094 (681%)
