This Is How A Fraud Trades
Anybody who takes a look at the sketchy sketchy sketchy business model/PRs of (YTBLA.PK) and the characters who run this
they’re a outright fraud. (right Tracy?)
But as a rational short seller, you can’t hold your short forever due to the risk of manipulation spiking. Ney, you gotta stay on the sidelines and then take advantage of that manipulation spiking!
Only problem was I couldn’t find any shares to short this morning…pity. Anybody out there fortunate enough to get a borrow on some shares?
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| July 23 | MKTY | $4.73 | $5.40 | $187 |
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1timsykes
April 7th, 2008 at 11:50 am
heads up on PSTI, up ton on FDA news, $20mil company toutin entry into $4bil market, could be a multi-day runner
2Pennystocks
April 7th, 2008 at 12:05 pm
Been climbing steady - Lebed is pumping the sh*t out of it. I’ve got about 10 different e-mails so far.
3timsykes
April 7th, 2008 at 12:23 pm
whew none available to short, don’t wanna be tempted first day!
4Andrew
April 7th, 2008 at 12:30 pm
Up 2 bucks since you posted! Crazy.
5Ju
April 7th, 2008 at 12:31 pm
:) good thing u didnt short it yet
6timsykes
April 7th, 2008 at 12:33 pm
seriously, gotta have more guts and buy these frauds, after all, no manipulation, no uhhhh damn i’ve got nothing witty that rhymes
7Pennystocks
April 7th, 2008 at 12:39 pm
:( Send_Rej Shrt 500 PSTI 5.74 –EDGX–13:35:24–Sec isn’t shortable
8timsykes
April 7th, 2008 at 12:42 pm
sux anywhere 5.50 and above coulda woulda been perfect, hopefully some shares will free up tomorrow and we get more squeezing…c’mon lebed, do your job!
9InvestorsLive.com
April 7th, 2008 at 12:49 pm
Still will be more opportunity especially if this was a money raising event vs. just public awareness campaign
VRTX held all gains looks like consolidation for a higher spike.. will be of interest after that $30 level
All other scans from last night holding their ground - still on watch for breakouts
10Tim_is_the_BEST!!
April 7th, 2008 at 1:02 pm
Tim,
Thank you sooooooooo much for bringing out PSTI info. I was lucky to get PSTI at $3.90 right after reading your post and reviewing the news. Just sold all for a HUGH profit, probably will buy your book today!! Trying to short but Scottrade doesn’t have any shares to short. Anyway, thanks Tim. You are the best stock trader I have ever seen.
11lmsmith
April 7th, 2008 at 1:23 pm
Jaso- and Solf was an easy short for both highs this morning….posted earlier - great..break down.
12Raman
April 7th, 2008 at 1:26 pm
Some great calls Tim, I like that the haters have finally stopped posting BS on these boards (for the most part). Anyways, what do you think of SLP? Had a run up last week, now seeing some sideways action, could be worth a mention to keep an eye on. Keep up the good recommendations, you make things a lot easier for those of us who visit your site. Happy trading, PEACE
13eric
April 7th, 2008 at 1:30 pm
Tim are you going to reserve shares of PSTI at TOS first thing tomorrow morning?
14Jeff
April 7th, 2008 at 1:55 pm
Who is Lebed that was pumping it? Thanks.
15Tracy Coenen
April 7th, 2008 at 2:04 pm
TOTAL Ponzi. Good catch Timmay. Death to all pyramid schemes, including the evil Mary Kay, Usana, Herbalife, Prepaid Legal, and Primerica. Now if only consumers would be smart enough to stop signing up for these scams!
16A Rod
April 7th, 2008 at 4:29 pm
what do you screen for on morningstar specifically
17Dave Newsom
April 9th, 2008 at 2:28 am
What a complete idiot, yes idiot. Ponzi? You need to pull your head out and wake up and get educated. MLM is not a ponzi scheme first of all and just because you call it that does not make it so. What an uneducated idiot. Number one the stock is being manipulated by us day traders. If it too hard for you to understand that day traders take a profit whenever they can with any company then you need to pull your head out of the sand. Just because a company is an MLM and daytraders grab profits does not mean that the company is bad. Watch YTB, watch it grow–you are watching the next Microsoft or WalMart stock in the making and you don’t even know it. I can see 10 years from now when we say–do you remember that idiot that called YTB a ponzi scheme. Day trading is what makes many people like me wealthy and its all part of the stock system. If you want stop dayi traders then talk to your congressman. This is what day traders do to stocks. Sometimes it hurts the stock but eventually if the company’s growth is solid enough over a period of time then the stock will settle even with the day traders hammering it. Thats all part of the stock trading game–some lose and some gain. You put money in the stock and I recocnize a good position when I see one at 60 cents a share and then sell it for $3.50 per share–in my books thats smart. I lost a bit when I was learning how to day trade, but seldom ever lose. Long live us Day Traders. Idiot.–Dave Newsom–lets see if you post this.
18timsykes
April 9th, 2008 at 8:34 am
LOL Dave you win douchebag post of the year, congrats!
19timsykes
April 9th, 2008 at 8:35 am
I’m a freaken trader too you moron, I have no problem playing ponzi schemes…just recognize it for what it is…the next walmart, c’mon, they’re about 2 seconds away from the SEC busting down their doors, nothing more
20B Rod
April 9th, 2008 at 12:22 pm
The line has been drawn. Time will tell who is the idiot and who is the moron.
21dnjames
April 18th, 2008 at 2:03 pm
I don’t know about the SEC busting down their doors, but here is an interesting development that gives YTB some credibility: http://www.forbes.com/prnewswi.....TH077.html
22timsykes
April 18th, 2008 at 2:13 pm
LOL, YTB and crediblity just don’t go together, many many any many many many many many frauds trade on the OTCBBs, actually much better for pumping…and shorting
23dnjames
April 18th, 2008 at 2:23 pm
How do they pass SEC muster if they are frauds? What is your definition of a fraud (in this context)?
24timsykes
April 18th, 2008 at 2:31 pm
the SEC is underfunded and overworked, they cant stop every fraud. y definition of fraud is the one u find in a dictionary…i don’t do the hardcore digging cuz its not worth it–i just play the odds, and even after a little bit of digging, the odds definitely favor this being a fraud.