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Posted 1 month, 24 days ago. http://timothysykes.com/2008/03/23/how-to-short-sell-these-6-spiking-stocks/

How To Short Sell These 6 Spiking Stocks

Tags: Hot Stocks, Patience, Patterns To Short, Short Selling

MALL—options expiration-related surge in the last fifteen minutes before the market close on Friday, coulda woulda shoulda shorted into that madness, but no telling where it’d stop, already down $2+ in after-hours, should be a nice short this week, back down to the $10-11 range, might be tough to borrow shares though

mall

VVTV—same options expiration-type move, already retraced half its gain in after-hours on Friday, we’ll see if it returns right back to $5 within the next few days

vvtv


NRGN—nice bottoming-type spike, related to solid earnings report…too bad they had to issue a Saturday night PR saying their auditor issued a “going concern letter”, meaning they believe the company might have trouble continuing as a going concern, aka possible bankruptcy (weekend PRs are issued when companies are embarrassed of the contents)…means Monday will be ugly

nrgn

HALO—another failing biotech that’s getting ready to be shorted…nice Friday afternoon short squeeze View definition in a new window, thought about shorting into it at $6.50, but lots of other short sellers did so there’s the potential for a Monday morning spike (hopefully)…stock isn’t even hard to borrow at Thinkorswim, most likely stock I’ll short on Monday, aiming for 50 cents/share

halo

CCOW—potentially failing bank with all sorts of loan / mortgage issues…not my kind of play, too fundamentally news related, big players with much better info than me, no way for me to have any edge, avoid

ccow

ABH—same thing with credit / default worries, not very difficult to ignore it, just gotta tune it out, classic random Wall Street guessing game noise, no thank you, I’ll pass

abh

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27 Responses

  1. 1Mike T.

    March 23rd, 2008 at 2:24 pm

    Hey Tim,

    Maybe the title of the blog post should be something like “How to Short Sell or Perhaps Avoid these 6 …etc. because some are not ideal for the strategy you are teaching us! Still valuable to point out non ideal plays as it also teaches what type of trades to avoid all together (which is perhaps even more valuable than the one’s to go after for some).

  2. 2HopeHubris

    March 23rd, 2008 at 2:25 pm

    Hey Tim - Thanks for these. I saw MALL going mad in the last few minutes, but I didn’t jump on board either…maybe will try for Monday morning.

    Now I’ve got something totally off base for this particular topic…

    Miss Alexandra Dupree … I’m watching Episode 10 of this season’s Apprentice (I’m overseas - I watch it when i can get it) and I am POSITIVE that she makes a cameo in the show at the art gallery sale. She’s in the gallery with three other young ladies and introduces herself as Alexandra…can someone else verify it? I haven’t seen it listed anywhere online - but I’m positive its her…24min 20 sec into the show (commercial free) and its her man…back me up :)

  3. 3Dan

    March 23rd, 2008 at 3:06 pm

    Mike what the hell are you talking about?

  4. 4Evan

    March 23rd, 2008 at 3:33 pm

    FMT has been popping up on Yahoo Finance posts- the lovely poster will write a few sentences, that won’t pertain at all to the board it’s posted on, then reply to himself saying “Oops, wrong board”. This isn’t new as a pumper trick, but the stock was up like 40% AH- could be good to watch as a potential short.

  5. 5Noname

    March 23rd, 2008 at 3:54 pm

    Please read here before you read anything on this scum…

    FRIDAY LEVITY: TRADING’S BUFFOON – THE TIM SYKES EMAILS

    Sure, Tuesday’s Trader Monthly “30 Under 30” party in New York was a hot invite, with over 800 attendees, but one shudders at the length Timothy Sykes, up-and-comer turned trading laughingstock, went to try to get in. Sykes, who was on last year’s “30 Under 30” list, and then tried painfully to brand himself as a financial expert and bon vivant, while his small hedge fund began losing money with uncanny monthly regularity. Behold, unedited and in full, the Timothy Sykes grovel chain:
    September 2007

    > From: Tim Sykes (“President”, Cilantro Fund Management)
    > Date: Monday, September 17, 2007 2:13 PM
    > To: Randall Lane, Editor-in-Chief, Trader Monthly
    > Subject: Sykes 30 under 30 Party
    >

    Randall-

    Just got off the phone with Rachel and she said I am no longer welcome at the ‘30 under 30′ party tomorrow night because ‘I made a mockery’ of the list last year. Even though I’ve definitely gone my own way, I definitely don’t think that’s the case as thanks to the popularity of my TV show, I’ve gotten thousands of emails from people have been inspired by my story and now are looking to get into trading. My book was just published a few days ago and once you read it, I think you’ll understand me a whole lot better.

    Anyway, I’d love to attend the party tomorrow night as I have already invited about a dozen trader friends and friends in the media to toast this year’s newest members!

    > From: Tim Sykes
    > Date: Mon, 17 Sep 2007 17:34:26
    > To: Randall Lane
    > Subject: Re: Sykes 30 under 30 Party
    >

    Randall–

    Rich emailed me saying you’re holding firm that you don’t want me there tomorrow night, but let me just try to change your mind because this last minute notification that I’m disinvited has put me in a jam.

    1. Rachel and I talked / emailed last week about me coming and she was fine with it, so I made plans to meet up with nearly a dozen friends. Some of these people I haven’t seen in a very long time and we’ve been talking all weekend about what we’ll do after the party.For me to bail on them at the last second would be extremely rude.

    2. I will have no cameras and will not be covering the party for my new jobs as reporter for TheStreet.com (I’ll be starting as a writer in a few weeks) and MSN Money (I am their goto video guy). I’ll be low-key, really.

    3. I invited 2 female friends who went out and bought new dresses for this event. I don’t know how to explain it to them that I can’t attend with them.

    4. While you guys seem to think ‘I’ve made a mockery of the list’ with my eccentric behavior, other media outlets now recognize me as a finance expert / personality. Sure I have an ego, but my position is backed by CNBC (7 appearances since the beginning of the year), CNN (I debated greed with the most powerful religious leaders last month), FOX (I was on Cavuto on July 4th), Oprah and Friends Radio (they loved my book and are having me on in a few weeks), Young Money (I will be their cover story for their October issue, Penthouse (I will have a feature story in their Christmas issue), and Wiley (they offered me a $35k advance for my book).

    5. You guys are took a pretty good shot at me in this latest issue so even if you really believe I somehow embarrassed you last year, I consider us even.

    So please, give me a chance, once you read my book and see what I’m trying to accomplish with my life, you’ll see I’m not such a bad guy.

    Tim

    Timothy Sykes | President | Cilantro Fund Management, LLC

    > From: Randall Lane
    > Date: 2007/09/18 Tue PM 12:42:13 EDT
    > To: Tim Sykes
    > Subject: Re: Sykes 30 under 30 Party
    >

    > Tim,
    >
    > Acclaim comes with performance. While you’ve been busily self-promoting, your track record this past year for yourself and your investors has been pitiful. Laughably horrid. If you ever again become a real trader, rather than ignore the hard work required to instead play one on tv, you’ll be welcome in our community. Until then, including today, we will have nothing to do with you, as we celebrate those who actually perform versus those who pretend to. > > RL

    > From: Tim Sykes
    > Date: Tuesday, September 18, 2007 1:01 PM
    > To: Randall Lane
    > Subject: Re: Re: Sykes 30 under 30 Party
    >

    Thank you for your honesty, but I wish you had read the book I sent you guys. you would discover that ALL MY LOSSES have been caused not by trading, but because I entered into an illiquid stock that I have not been able to sell. I am unable to raise any money, unable to take any trading risk so all I can do is take advantage of my publicity efforts and turn that into my new career. I am a trader in the truest sense in that I am willing to trade professions to adapt to my environment. I wish you had taken the time to understand the specifics before drawing faulty conclusions.

    Tim

  6. 6Zykosis

    March 23rd, 2008 at 3:59 pm

    Tim already showed us that. Old news…

  7. 7timsykes

    March 23rd, 2008 at 4:08 pm

    LOL, silly hater, quoting gossip rags…don’t ya know, bad press is only bad if u have something to hide…excited for u to see the new site….now coming april 15th….u’re gonna piss yourself

  8. 8Noname

    March 23rd, 2008 at 4:16 pm

    Why don’t you finally admit that to these idiots who come here for trading advice that you were no better than the other waitresses and hairdressers and cab drivers who made money in 1999, and now you are panhandling and doing pump and dumps?

    It will help you sleep at night…

  9. 9timsykes

    March 23rd, 2008 at 4:51 pm

    On the contrary, the 30% loss was the best thing to ever happen to me, makes me infinitely wiser/more conservative/cynical, and those qualities will aid me as I cut through all the BS out there. Grow up Peter pan, count chocula

  10. 10Evan

    March 23rd, 2008 at 5:00 pm

    Noname,

    You’re barking up the wrong board, bud. The reason TIM works is because it’s all transparent- we know his trades and his track record (yes, even the facts you’re wasting this site with). You really want to be taken seriously, here’s a start:

    1. posting as Noname just makes people skip right passed your post- man up and let us know who you are.
    2. Be transparent- trust me, it’s worth it- open up a covestor account and we’ll see how you fare- if you fail, don’t worry, TIM can help.
    3. Who in their right minds wants to read all that you’re posting on Tim’s main page? Post this in the forums to your hearts content.

  11. 11Noname

    March 23rd, 2008 at 5:27 pm

    Sykes…ahem….Evan, TI-whatever does not work…and you miss the whole point…

    He pumps and dumps the stocks, and when he sells, and they OBVIOUSLY have to go down, he posts a trade…a short one…

    He does not want to be associated with longs, but with shorts, “exposing the bad guys”….

    Not a bad strategy, figuring that most people on the internet and most investors are dumb sheep…including yourself, Sykes…ahem…Evan.

  12. 12Aegir

    March 23rd, 2008 at 5:40 pm

    FMT , up 40% A/H, on watch Monday!!

  13. 13FullName

    March 23rd, 2008 at 6:05 pm

    Noname - why on earth do you waste your time on this site if all you have to say is something negative? Did your dad abuse with you as a child? Why don’t you go back to Elite Trader boards and bark there? Happy Easter btw.

  14. 14Noname

    March 23rd, 2008 at 6:13 pm

    FullName,

    Because idiots like you don’t know black from white, and I am trying to shed some light…..the light will probably burn your eyes and blind you first (like right now) but then you will start seeing….

    I am sure that you have not read this high school reading, but it is worth the time…

    http://faculty.washington.edu/smcohen/320/cave.htm

    If you are not able to comprehend it, return to this blog, and look at the shadows on the wall…..this @#$%$Q% lost millions of other people’s money, and now he is such TRAITOR that he is switching careers….he is a financial expert all of a sudden….gad damn…

    Happy Easter to you, my blind fellow…

    ADMIN NOTE: WATCH YOUR LANGUAGE - YOU’RE THIS CLOSE TO BEING BANNED FROM THIS SITE.

  15. 15Vince Parker

    March 23rd, 2008 at 6:26 pm

    No Name, It is very simple. You have spent hours today thinking about someone else other than yourself. All that indicates from you is bitterness, unhappiness and an inefficient and unproductive lifestyle. What’s your beef, did he steal your girlfriend or something or are you just jealous of everyone with a modicum of success. Try focusing on improving yourself and may be happier.

  16. 16Zykosis

    March 23rd, 2008 at 6:38 pm

    Family%20Guy%20Total%20Idiot%20T-Shirt.jpg

  17. 17Jason R.

    March 23rd, 2008 at 7:23 pm

    Vince Parker,,,, I totally agree with you and couldn’t have said it better…I don’t understand this buffoon’s obsession with TIM…I mean quit doing the 5 knuckle shuffle on your piss pump to TIM’s photos and blogs, and become half as successful as him…Peace out!

  18. 18dome

    March 23rd, 2008 at 8:00 pm

    Noname;

    as fur as i know following your so called professional community, you only loose money these people cook the books history teachs us latest credit crunch,
    moreover statistics proves kinder garden boys perform better than professional banker and do not get commission, moreover bankers get commission lose your money and pronibit you to withdraw your money until their value is zero , and byl law they are always right
    look at major investment banks through their hedge fund what did to their clients

    i have to say at leat tim is fun

    aahh i forgot your banker keep their bonuses and when sometimes even loose their money not only the client money , bribe politicians to socialize theri losses , so at the end taxpayer through fed will pay a trilion dollas poor cleaners who will have to pay these taxes

  19. 19timsykes

    March 23rd, 2008 at 9:10 pm

    haters will never learn, this is why i decided to go this route, to prove day in, day out EXACTLY what i do to make money.

    PS never lost anybody millions, my fund finished up a few percent over its 4.5 years…and those that did lose, i fully intend to make whole….

  20. 20truth

    March 23rd, 2008 at 9:59 pm

    You all are idiots, except noname who does speak the thruth.

    You sheep who follow sykes, all 3 of ya, don’t run the haters off..or there will be no people posting at all.

    I see someone regurgitated sykes stupid “I stole your gfriend” BS. My gfirend was in the traders monthly 30 under 30 party, so I doubt tim was able to get to her.

  21. 21COINZMASTER

    March 23rd, 2008 at 10:43 pm

    SHORT LNN ANYONE LMAO UP FROM 60-100 FROM SQEEZE

  22. 22timsykes

    March 23rd, 2008 at 11:14 pm

    I know I should stop wasting my time, but haters, what exactly do u think i’m trying to do here? Do you see my saying follow my every move and you’ll make $. On the contrary, I say i’m not a great trader but because of my strategies, i minimize losses. do u see my giving out penny stock picks to pump up illiquid stocks? no i say stick to liquid volatile names! do u see me putting ridiculous price targets? no i say judge price action.

    it’s really just too funny to me, what do u think u have on somebody who’s detailing ALL his theories and trades and has proven they are profitable? what am i missing here?

  23. 23Gary

    March 23rd, 2008 at 11:52 pm

    I have read Tim’s book and watched the DVD. I think his system is workable but have decided to try a different approch. I ran across oscar on youtube and the advantage for the little guy is that the SEC rules do not apply for mini SP and forex trading. Just an alternative for anyone less than 25K, http://www.livewithoscar.com. I still trade TIM style with one account but opened another with Oscar and we will see how it goes, so far so good.

  24. 24Tim's dad

    March 24th, 2008 at 12:47 am

    To Noname to be now known as with all of you Timmy Envy little parasites- “Tumble-Bug”

    The critic’s symbol should be the tumble-bug: he deposits his egg in somebody else’s dung, otherwise he could not hatch it.
    - Notebook, 1904
    Mark Twain

    Tim’s Dad
    ps Tim when you stop answering these liile maggots so will I.

  25. 25Index Trader

    March 24th, 2008 at 3:22 pm

    Coinzmaster: I’m looking for a short on LNN. May have to hold it over time, but expect it to come back down.

    Noname: Take a friggin’ hike! Get a life or make worthwhile posts. Geeziz! Tell us something about how the markets work, will ya?

  26. 26Chris

    March 31st, 2008 at 12:31 am

    Tim, you’re a fucking parasite.

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