April Review: A Solid 5% Month Defines The Life Of A PennyStocker
Posted by timothysykes on Thu 1st of May, 2008 07:23:21 PM
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April was an interesting month—finished up just over 5% to finish at $18,284. Many great trading lessons, in the first 10 days, I got off to a booming start—as there were PennyStocking plays galore—but I didn’t earn a dime during the second half of the month. Not because there weren’t plays, more due to not being able to properly research/watch the markets every second like I like as I was speaking, traveling and working on this new website. Life usually does get in the way of the trading, but that’s fine—I’ve learned you need balance. Take it one pump at a time, profit as much as you can, enjoy the rest.
And, in case you cared, website traffic, while down slightly from March, grew steadily over previous months, and if you take out that huge one-time gain thanks to my Facebook convo with Ashley Dupre, hit a new all-time high…people are tired of all the finance BS, brutal honesty is the clear solution.
Here are posts you need to memorize for a quiz on Monday:
Successes
PennyStocking is all about predicting 10% price moves
It’s easy, but you gotta find shares to short cuz everybody wants in!
It’s fun when the media helps manipulate prices
It’s even more fun to trade in the airport (not)
Failures
You gots to minimize da losses
Even a profit can be full of mistakes
Even not trading at all can be a mistake
Fun Times
I love when somebody writes a review about my DVD like this–gonna overtake this scam/scum-filled industry!
And that’s why I party my ass off when I feel like it
And do nothing on my birthday cuz I’m a workaholic
And cuz Wall Street is full of superficial morons
Not that the SEC has any idea what’s goin’ on
Important Lessons
These are 5 big ass misconceptions
This is a smallcap scamming institutional investors
This stock is hot, hot, hot–who cares what I think, it’s not my core discipline at all
This is what I know
Rants
Typical Wall Street Cockroach
Hell no, this other Tim ain’t me! I don’t like cults
Nor do I like under-performers who mistakenly believe they’re entitled to anything
There is one financial writer I like
And that’s why I got the young people on my side
Sykes out
TIMstore Monthly DVD Specials:
See all TIM DVD specials HERE
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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%)
