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Why Bess Levin Is The Only Financial Commentator You Should Ever Listen To

Posted by timothysykes on Wed 9th of Apr, 2008 11:59:18 AM
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Big Picture Barry Ritholtz likes getting quoted in the press…trust me, I know the feeling, I also went through that phase…but what good does it do? Everything the senile-old-man-esque financial press covers has soooo many variables, sooooo many moving parts, sooooooo many time lags involved and most importantly, can be framed any number of ways. It’s all just one big guessing game where you HAVE NO EDGE WHATSOEVER, so luck and leverage aside, you can NEVER increase your wealth substantially.

You know my take, small investors and traders need to stop worrying about the news/macro/popular issues and learn to profit from more niche-oriented/inefficient hence predictable stuff like PennyStocking! That’s where the big % returns lie–no leverage needed–and if you really want financial gossip, don’t turn to CNBC, just visit Dealbreaker for some Bess Levin commentary…at least she’s funny.

mediacircus Why Bess Levin Is The Only Financial Commentator You Should Ever Listen To

And if you read the comments section of my previous post, I just made a quick and easy 7% return, or $330, on a $5,000 investment in less than 30 minutes. (Add in the $40 monthly bonus Thinkorswim gives me for trading too much (40+ trades/month) and my little TIM trading account now stands at $18,135, up 46% in 5 months in a market that’s down 10%+.

As I’ll detail later today, there was little guesswork/risk involved with that trade, it was NO different than previous successes like REED, VION, COINW, DARA, SHZ…and that’s just in the past month! I simply used my small account size to my advantage. I encourage you to learn to do the same…

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  • Andrew
    Orgn!
  • ORGN taking off nicely!

    MNKD watching for bottom
  • Shorts easily available on ORGN not sure if that's a good thing lol
  • Davey
    ORGN worth a look tomorrow morning right now the top is hard to find I thought it was done at 2.10 now its a 2.50 easy to borrow at TOS too...gotta be careful cuz there is news attached here they raised 46 million
  • Exactly - I put 2 500 lot shorts at 3.99 and 3.50 just so I don't lose them, who knows
  • Davey
    Damn up over 100% today
  • timsykes
    orgn has meaningful news:

    http://biz.yahoo.com/prnews/080409/aqw537.html?...

    right back to pre-panic prices...not sure about a big reversal
  • I short 2.75
  • Only for a quick quick dime, will watch for 3+ now
  • Davey
    I'm not touching that with the news today, if you can scalp it quickly than go for it, but I've got the SEC gods watching the number of trades I make...On the watchlist though...seemed like some frenzy buying going on
  • Davey
    By the way I see the Alexa ranking going up every week Tim keep it up
  • These types usually last the day of.. then we'll see -.50 to 1.00 tomorrow or something ridiculous, it's definitely one to stock I have 500 left short going to let it play out
  • tsa
    Short at $2.64 on ORGN, its MACD is decreasing sharply
  • timsykes
    nice drop on orgn, wish i had more day trades available
  • ViciousChicken
    GBRC- set to fall, only up on a news story on French television...
  • timsykes
    COT getting close--dont short until it cracks though...PSTI lookin good, godamn these absurd SEC rules preventing me from trading everything!
  • Evan
    Great Job breakin' 18k Timmay!!! I've been able to somewhat regain what I 'missed' with PSTI- I've day traded EJ (doesn't want to break it's 13.07 support) and made back about $190 of the potential $400 I missed. Yes, I know it's not the kind of play you like, but I know this one on a more fundamental level- should be 17 by June for what it's worth.

    Also, I was wondering if you've gotten to 18k quicker this time around?
  • Brian D
    Ditto on ORGN but surprisingly im 100% in right now and each trade I have is following the market nicely. Have had a real slow start to the month but I'm sitting back and holding my trades longer and letting them happen. Congrats on $18,000
  • timsykes
    shorted 1,000 PSTI at $4.51, didnt wait for the $4.40 or better yet a $4.30 crack, stupid entry, right fully down 10cents/share on my position...no matter...gonna try and hold this for multiple days
  • t-digg
    PSTI-NO volume and rising, this thing is going to tank....stupid company
  • KS
    Patience TIm. Most of your plays you leave a ton of money on the table. Great for preventing losses, but on some plays if you held you would probably be over 25k right now...trading freely...and generating some big dollars...Make it happen..
  • timsykes
    big 7k sell blocks on PSTI help comfort me, now the key is taking out $4.50 then $4.40, then $4.30...ideally a panic drop late today or early tomorrow under $4
  • Andrew
    Tim why do you like PSTI more then NCEN? I would think NCEN would be the ideal supernova cracking on biggest volume its seen. Is there something about it you don't like?
  • Andrew
    Congrats on 18K by the way
  • timsykes
    yeah i'll tell u why NCEN isnt right for me...................i can't find shares to short! read through the comments
  • Andrew
    Ohhh. My bad.
  • Joe
    I called TOS trade desk and was able to borrow shares of PSTI!
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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%)