No Trades But A Fun Financial Video Montage!
Posted by timothysykes on Thu 6th of Mar, 2008 12:13:13 PM
Tags:
No trades the past two days—all my potential PennyStocking plays—COIN, SWC, CPST and STEN—have let me down in some way. COIN, I want a bigtime breakout, but it’s just messy breakout after messy little breakout, up a hardfought $2 over several days (although its continued strength on decreasing volume signals a potential Supernova pattern), SWC takes out $20 every morning but then bounces (until one time it won’t), CPST is up only 15 cents on a perfect breakout AND contract news and STEN, which I hoped to spike big in order to short into the absurdity, did to $6, but I couldn’t find shares to short! (now at $4, it’s tough to watch a $2 drop from the sidelines).
And then there’s the spam stocks like SOIGF, whose positive news helped it breakout into the close yesterday, but remembering how I made tens of thousands of dollars on it last time—by shorting into their seemingly endless spam promotions—I hesitated buying and have now missed out. The stock gapped nearly 20 cents to $1.40, now at $1.80! Damn stupid TIM, gotta get more comfortable buying spam stocks like this on strength. (Another spammer, MXFD, could soon be a good short)
This game might be hella fun and profitable, but the obstacles are many. Lots of plays come close to perfection, but unless all—and I do mean all—the variables are aligned, high-percentage, low-risk profits you shall not have. The lack of liquidity, shortable shares, difficulty in getting comfortable trading spam plays and truly perfect chart patterns are why pro traders stay away form this niche. The good news is that when the time is right, there’s really not much competition, other than naïve suckers and hype-hype-hyping stock promoters (chill out guys, website traffic and product sales are waaaay up, I’m well on my way to popularizing this stuff, we’ll get you your increased liquidity, please, please just gimme some more plays so we can really break into the bigtime!)
For now, I console myself with this financial video montage:
How ridiculous is this commercial?
This guy thinks my strategy has potential and excuses my personality since I’m a New Yorker. Right on, dude!
The first WallStrip!
Normally I avoid clicking on ads, but I saw one on Dealbreaker that led me to this video:
Why the hell is this guy advertising?
An oldie but a goodie, me and the 7th Heaven star:
TIMstore Monthly DVD Specials:
See all TIM DVD specials HERE
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TIM Trades
View All| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| 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: $92,304 (644%)
