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Screw April’s Fools Day: There’s Work To Be Done, No Time For Jokes

Posted by timothysykes on Tue 1st of Apr, 2008 07:55:51 AM
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Let the clowns have their fun, this isn’t a game, it’s business. Leave the gun, take the cannoli. No mercy. No compassion. No trust. Only profit. Quicker you learn that the better.

cannoli Screw April’s Fools Day: There’s Work To Be Done, No Time For Jokes

Today looks like a higher open, good—all these broker/bank peddler scum are announcing mammoth losses, but even they can’t screw up what’s turning out to be a perfect bottom at Dow 12k. To be more exact, a solid hold of Dow 11,700—the former 2000 high it took us 7 years to breakout of. Can you say perfect retest? Maybe too simplistic, but simple works. I’m just happy I bought VWELX in my retirement account a few days ago.

Here are some microcrapper runners, none of which are nearly as perfect or multi-day as yesterday’s batch, but let’s give em a chance to see what they can do. We’re equal opportunity short sellers here…

(NEON)—which I summarized a few weeks ago

neon Screw April’s Fools Day: There’s Work To Be Done, No Time For Jokes

(NCST)

ncst Screw April’s Fools Day: There’s Work To Be Done, No Time For Jokes

(PMII)

pmii Screw April’s Fools Day: There’s Work To Be Done, No Time For Jokes

(OWW)

oww Screw April’s Fools Day: There’s Work To Be Done, No Time For Jokes

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  • Ju
    CVSC, been riding it up since the drop. double top soon around 2.50?
  • Tim ASTI on major radar up huge.. yet again +1.00 major squeeze hoping to nail this on the short side.
  • LEH up huge this morning even after the announcement last night about convertibles - seems like last night's after hours was a ploy to add to the squeeze this morning.

    ASTI watch for the short above 17.70
  • Gary
    ...COT look bearish at the start. Low opening volume!
  • timsykes
    forget COT, i'm out at 3.61, i don't like the big buy blocks, bad risk reward here, too slow moving, $130 loss doesnt hurt much
  • Tim Speaking of April Fools did you see Google's joke?

    http://mail.google.com/mail/help/customtime/ind...

    I just re-sent an e-mail to my broker that I wanted to buy 1000 shares of GOOG at IPO!
  • timsykes
    HYBR big morning dump, d aaaaaaaaaaamn
  • timsykes
    COT 20 cent drop, tried shorting 2k at $3.55, my order gets rejected, looks like i have negative buying power--all my recent trades catching up to me....F%^$en day trading rule, just u wait SEC, i'm gonna make sure u see how ridiculous it really is
  • tsa
    Short COT at 3.56 cover at 3.44 ;-))
  • timsykes
    why cover COT, now its cracked, clear path to 3.25ish, godamn the SEC!
  • tsa
    I cover because it was a fast long red candlestick, now I will short again but just some cents above my exit point.
  • Gary
    "forget COT, i
  • Is REED on the pullback area poise to move back up or back to square one? How about AUY?!
  • timsykes
    gary--u think COT is hard to spot, c'mon, i've been doing this for a decade

    reed has too little volume for me to even look at, auy is a commodities play, i don't touch that crap
  • GabeC
    Whoohoo got a nice short on WH and my GU short still keeps going down. Thanks for the ideas Tim. The DVD rocks and it really helps. Now just how long to ride them for. hmm..
  • VIJAI
    ASTI seems to be a good ride. SHORT just a bit ago and its going down.. What do you think is the exit point? I see $15.59
  • Gary
    Tim- I have been doing this for A FEW MONTHS!!! You have nothing on me!

    j/k - Dont get your panties in a bunch! It's funny how the market works. You can say one thing one way, then have to be read to play it the other way! Learning from YOU!

    It's all about the Money!
  • GabeC
    So pissed this morning, tried to put on as ASTI short on the dollar jump and the scottrade platform was "experiencing problems". What a piece of crap. Im switching to SOW.
  • VIJAI
    Gabec, I use Scott and don't see any problem.. Whats your exit on ASTI if you short it ?!
  • timsykes
    yah Gabe, switch over, I promise u won't regret and tell em i sent ya!
  • tsa
    Reshorted COT at $3.48 ..... just wait now ;-)
  • GabeC
    Thanks Tim. I will. VIJAI , well tim's the expert but ASTI seems to me anyway like a good short for the next couple of days unless it closes high then time to jump ship.
  • VIJAI
    Gabe, I know TIM is the expert and busy guy too Since you are playing the game, i thought you have the game plan to exit. So just checking with you.. Whats expanation of SOW btw?
  • Mike
    Tim, what do you pay to borrow these micro cap stocks, aka microcrappers? What interest do you get on posted margin with TOS?
  • timsykes
    i pay nothing extra to borrow shares--no matter the broker, i never have, it's a myth...interest isn't more than a few dollars/month. welcome to beginning to understand how much BS misinformation there is out there
  • GabeC
    Hey VIJAI no prob. Anytime. SOW is whoops TOS. thinkorswim trading platform. my mistake.
  • neswick
    ITMN is up 20+% on phase 1b results, might be a good short later?
  • steve
    I found out last Friday you can't short stocks under $5 on Scottrade :-(

    I now have my thinkorswim account funded :-D
  • VIJAI
    Gabe, no problem. I will check it out..

    steve, you are right. Scottrade has the limitation and its fine for me since I don't like to play on stocks below $5 with less volume.
  • neswick- i was just looking at ITMN but just not enough price movement on that one, if it spikes I may short it
  • Tony Ellis
    Anyone go long KNDI? Had it on watch list and completely missed it.
  • tyler
    Tim,
    Thanks for the heads up on COT, I have a small account and made my biggest gain ever $200.
    Thanks
  • newswick - if you short ITMN nice job, great sell off right there I just missed it
  • GabeC
    GU just broke support. Hopefully it falls of the cliff now.
  • how about PMII? Vol. is just gone compare to last several days and still up $.70 today.
  • timsykes
    neither gu nor pmii look good. what cliff do u see on GU buddy? its already tanked, got plenty of support in the $11 and $12s. next!
  • GabeC
    Really. Hrmm. Looking from the 5 day chart of GU. Friday has good support at around 12.50. Figured once it broke that it would still go down more. Am I mistaken?
  • sneale17
    what do you think of a possible COT short squeeze later?
  • sneale17
    nevermind, just looked at the chart again and i highly doubt it
  • GabeC
    Ahh maybe im playing it too long from the non volatile side. I see your point.
  • Andrew
    Looks like heavy support for COT at 3.25. If it cracks it could fall hard. Sneale what made you say possible short squeeze later?
  • VIJAI
    ASTI, seems to jack up now.. Is it still a sound play to stay in for the short or get out ?
  • timsykes
    GU spike, thats why you don't stay short these things after they've dropped so much.

    ASTI still hasn't stayed red, u shouldnt think about shorting
  • Ilan
    hey tim how about SNDK
  • timsykes
    who knowsa bout SNDK, thats a real company, i hate those...ask those 2 clown from wall street warriors, they supposedly did their research on it LOL
  • Andrew
    Hey Tim, in the dvd you said you never want to be short in a bull market. Do the POS's you look for not apply as much to that rule? If not, what type of stocks would you look for instead? Thanks.
  • timsykes
    when the hell did i ever say never short during a bull market? my entire strategy is shorting! u just have to be more conservative
  • Andrew
    Just to add, I'm not saying we're there yet but if we ever do..
  • sneale17
    I said that because I thought there was a lot more upside support that might rally. Buuut no, I decided that was not going to happen.
  • GabeC
    Thanks for the save on GU, I got out after the comment and before the spike. Learned a good lesson and make a good 5%. I'm happy with that.
  • VIJAI
    Tim, it was red and lot of people shorted pushing to 16:12 but buyers bought back up.. I am going to get out of it as the intraday chart shows a support on 16.78
  • Andrew
    Ha, maybe those weren't your exact words, I'll look. Being more conservative definitely makes sense.
  • VIJAI
    TIM, I see the OWW graph and seems uptrend for weekly. Are you long or waiting to short it ?!
  • Jason R.
    The 2 clowns from Wall Street Warriors too funny...Especially that tall pigeon toed jock looking dude...TIM, made that show fun...Your new website you should post a bit more photos and crap you do...For instance when you were golfing with your buddy in that one episode was hilarious.

    Anyone catch the Lenny Dykstra interview on HBO?...His speech pattern is all jacked up from the steroid use in his younger days...I guess he understands the market well though.

    Anyway, hope I'm not off topic here.
  • S Adams
    Just shorted MPG for the heck of it at 15.97. I don't think it should be up that much.
  • Mike
    Lenny Dykstra doesn't understand markets well. He took leveraged bets on stocks and doubled down on losses during a period when the market rose. aka random strategy
  • Tony Ellis
    ASTI going red on big market up day. Think it's time?
  • Mike
    That cannoli looks good. Now I"m going to bouchon bakery tonight.
  • be-the-ball
    dykstra is an ass
  • ASTI you'll probably have to reserve shorts are getting tough to borrow. They are killing the volume and then walk it up at the end of the day, very controlled stock, you'll probably only want to short a large break out, or confirm that it's dying and short a red day where there aren't any signs of it coming back to life, kind of like COIN once Squeeze mode was turned off.
  • VIJAI
    You are right. Its not ready to short yet. I just got out before losing it on the up volume..
  • lmsmith
    Solar has been up since last week and this week...... there is def. going to be a red day...and when that day come- they are going to tank hard.... maybe tomorrow...
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Who Is Timothy Sykes And Why Should I Care?

See Tim's full bio HERE. Tim turned a few thousand dollars into a few million by taking small gains time after time on hundreds of volatile penny stocks, discovering that his trading strategy, while consistently successful, works best for those with smaller accounts.

Determined to teach others this PennyStocking trading strategy (learn more HERE), he went back to his original $12,415 roots (already $58,000+ even though the stock market has crashed) to show everyone how to turn thousands into millions, even while having a life (somewhat) and making plenty of mistakes. Currently he is the #1 ranked trader out of 25,000+ on Covestor)

How Can I Consistently Make Money In The Stock Market?

Hard work, Determination and Know How.

Hard work to learn how the greatly misunderstood niche of penny stocks provides opportunities every now and then on which you should pounce.

Determination to seek those probable profits out and know how in order to actually profit from them.

Long story short, wait for stocks that are extremely volatile - for whatever reason - and then aim to take small profits (between 10 and 50% within a few hours, days or weeks) here and there, either from betting on higher or lower prices (yes, you can make $ betting on lower prices, it's called Shortstocking (learn more HERE).

Why Penny Stocks?

As Tim explains in several ALL-NEW instructional DVDs (see them HERE) and in over 2000+ blog posts, penny stocks are the most hyped and corrupt niche in the entire investment world. These two qualities make them the easiest to profit from (legally) because the vast majority of people who play penny stocks are suckers and all-around ignorant people. If you have any intelligence whatsoever, you have a clear advantage and it's like playing basketball against mental midgets.

Where Do You Find Stocks To Trade?

This is the #1 FAQ (see more HERE) and it is answered in THIS instructional DVD.

Of course, that's just a brief introduction - to receive a full education, there is Tim's book An American Hedge Fund which is the story of his remarkable rise and lessons learned.

To truly increase your odds at profit, Tim has designed an entire set of detailed instructional DVDs, covering all the variables that amount to over 24 hours of instruction (see them all HERE)!

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%)