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Sykes’ Saturday Seven: April 5th, 2008 Edition

Posted by timothysykes on Sat 5th of Apr, 2008 12:07:12 PM
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Gotta love how the press frames news—in this case the Clintons making $100mil+…over 8 years…c’mon it’s not so much, they’ve done a better job than many corporate CEOs who are much richer!

Speaking of failed CEOs, I ripped on former OSTK-CEO-now-turned-madman-to-the-delight-of-many Patrick Byrne in this post, but now he’s out to prove everyone wrong in submitting THIS essay about Jim Cramer. Forget Cramer, is Byrne sane or insane? You be the judge…my vote hasn’t changed.

Say hello to my sponsors, GFT Forex and HotOTC.com… trade currencies or Penny Stocks, your choice, gotta love the freedom…goddamn I love this country!

Funny site that claims to cure boredom

This video cures boredom visually:

No April Fool’s joke, 3rd graders accused of plotting to murder their teacher….siiiiick

Speaking of murder, gotta love how some rich and powerful hedge fund managers get offered free murders, all they gotta do it authorize them

This cool new site is getting some seriously good reviews. Maybe that’s cuz the site rocks for news…and soon for blogs too!

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  • Mike
    Tim, you missed this link, http://www.inspectd.com Good site to practice looking for super novas aka sykes patterns.
  • timsykes
    as i posted a few weeks before, inspectd gives chart patterns a bad name...more varibales involved than just the chart, people who mistake that will lose a lot of $
  • Mike
    Got it, searched the site and found what you wrote about it here: "Techcrunch might be right about Inspectd.com being fun and addicting, but it sets a very very very very very very very bad example. The problem lay in the fact that pattern recognition is only part of the game, you also have to understand the variables that align to CREATE those patterns. Comparing a 100% one-week stock price jump based on a positive earnings report
  • timsykes
    random plays are the enemy, u should never short BSC run up from $4 to $11, but a spam stock, u should. never short something like BOOM when it goes from 3 to 12 (on earnings), crap company like COIN, u should
  • Mike
    That makes sense. Thanks very much for your reply.
  • Mike
    solars are becoming supernovas again.
    anyone going to short them soon?
  • dhan
    Timmy, What's your take on FRPT?

    Chart seems to be on up trend.
  • Tony Ellis
    How's FRPT in an uptrend? I've wasted my whole day on that damn inspectd. It is pretty much useless but it is addictive.
  • Mike
    Tony, what strategy are you using for inspectd? I'm trying a trend following approach, skiipping plays not in a clear trend and buying/shorting the others. I lean towards buys because market went up a lot during this period.

    Too bad inspecd doesn't let people go head to head.
  • I found your blog on google and read a few of your other posts. I just added you to my Google News Reader. Keep up the good work. Look forward to reading more from you in the future.
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Start Here

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 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%)