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Posted 22 days ago. http://timothysykes.com/2008/04/23/i-am-not-a-crook-i-just-play-penny-stocks-promoted-by-them/

I Am Not A Crook I Just Play Penny Stocks Promoted By Them

Tags: Breakouts, Chart Of The Day, Hot Stocks, Manipulation

It’s been 3 years since total piece of poo oil play MPET pulled off the quad-fecta, rising from $1 to $4…can it do it again?!?!?! Hopefully…but odds are obviously against it

BSIC wants in on that vertical price action too

Courtesy of Investorslive.com, I give you today’s manipulated stock chart of the day:

notice any similarities to THIS? ‘Cept FOUR is an even better example of beautifully blatant price manipulation, up waaaaay more than KYUS on waaaay lower volume. Now don’t get me wrong, I’m not saying buy, sell or short this—you brainwashed idiots, contrary to talking head belief, you don’t need to play every damn stock!—you really need to know someone on the inside of these scams to be comfortable buying in here. Since I don’t know any, my approach is to stalk them and wait for signs of cracking—similar to an avalanche, a small crack can turn into something much bigger.

Commodities superstar ICO just keeps going, read my lips, you don’t short this into earnings later today, you have no edge whatsoever and the risk-reward ratio View definition in a new window sucks! Oh yeah and even if they do rock and cause a short squeeze View definition in a new window you won’t now if it’s a squeeze (temporary) or if it’s a solid earnings run (can go on forever)…gonna be tough to play this at all

People shorting OCTL cuz it’s a crap company—dude, ALL of these suckas are crap companies, only short into weakness, or else you’ll be sorrrrrrry

VSCI getting close to breakout…will it make it or will it be like that scene in The Perfect Storm where the crew sees a ray of sunshine and mistakenly believes they’re gonna get out alive? C’mon optimists, let’s see what u got!

When I say don’t short FEED—I’m not denying the fact it might drop $1-$2, but as you know I’m not a good timer, so I need a $2-4 move to make $1-2 and that kind of a move with this chart pattern is unlikely…its intraday dip and rebound yesterday proves my point perfectly

WSCI keeps having mini-breakouts, then consolidates…exactly like VISN. This is just frustrating for me, I avoid that back and forth—bring in some promoters and clean those messy charts up!

As you can nothing Supernova-ish…sweet maybe I get a day off!

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15 Responses

  1. 1Tony Ellis

    April 23rd, 2008 at 8:18 am

    FEED raises another 25 million @ 19.05 of share….they don’t waste any time.

  2. 2Dan-O

    April 23rd, 2008 at 9:22 am

    I was reading your reponses from last night and my question is… do you ever sleep?

    I know one of the TIM strategies is to play the small caps because it’s less likely you’ll be outgunned buy the hedgies. However would you make an exception to play a real company accused of fraud?

  3. 3ryan z

    April 23rd, 2008 at 9:26 am

    hiiiiideeeeyyyy hooooo! (sorry i had to)… opened up a TOS account soon to be funded by my soon to be former scottrade account!! plus i dropped your name with them for the reference tim so you can get you 25$ referral prize or whatever they offer, don’t spend it all in one place…

  4. 4timsykes

    April 23rd, 2008 at 9:33 am

    no time to sleep…i’ll play any stock but i prefer frauds and pump and dumps

    thanks ryan—olive garden baby!

  5. 5Dan-O

    April 23rd, 2008 at 9:46 am

    What do think about the OSTK accounting scandal?

  6. 6timsykes

    April 23rd, 2008 at 9:50 am

    i could care less about accounting scandals of stocks whose charts bore me

  7. 7ryan z

    April 23rd, 2008 at 9:53 am

    haha endless pasta trough and cheap sangria

  8. 8lmsmith

    April 23rd, 2008 at 10:03 am

    TIM- A week of patience and Most of the POS Solars- ESLR- AKNS and SOLF, are backing into their lows…… can’t you say that is predicatable? as ugly as their charts appears?

  9. 9lmsmith

    April 23rd, 2008 at 10:03 am

    TIM- A week of patience and Most of the POS Solars- ESLR- AKNS and SOLF, are backing into their lows…… can’t you say that is Predictable ? as ugly as their charts appears?

  10. 10tradermedic

    April 23rd, 2008 at 10:05 am

    well
    i guess before you short a stock you have a fair idea what the real value of the stock is worth.
    i see you using PE a lot.what is that?and what other indices are helpful.

  11. 11bdog

    April 23rd, 2008 at 10:34 am

    EDEN is on the move again keep an eye out

  12. 12bdog

    April 23rd, 2008 at 10:52 am

    whats up with these idiots running eden back up 16% after all the bogus news anyone know whats going on? bout to take a postion should I wait till afternoon?

  13. 13Short

    April 23rd, 2008 at 12:43 pm

    bdog, Just shorted Eden. Let’s try to get these guys moving again!

  14. 14timsykes

    April 23rd, 2008 at 12:49 pm

    no ide where solars go, they’re multi-week moves, much lower odds of reversal

    i wouldnt short EDEN, quick sellers are alreadyout, it could easily spike, remember how tiny the marketcap is, u guys gotta learn not to short every up move

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UPDATES

May 15, 2008

Yup, by next Monday, everything's gonna be real working-like!

May 15, 2008

PDO, up $4+ today, will teach you not to randomly short strong penny stocks, get in, get out then run...cuz sometimes they squeeze stubborn shorts to death!

May 15, 2008

No ideal short plays today, check out these 2 interviews while we wait for price action perfection

I wish I'd listened to my own rulebook, instead got squeezed for $400 shorting blatant-fraud KYUS too early...someone needs a refresher course this weekend!

I nailed NCOC's 20% rise today in my pre-market post, but I was too biased against buying little breakouts, learn from my mistakes!

May 15, 2008

Lots and lots of new sketchy stocks to watch

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