TIM 6 Month Review: Earn 47% While The Markets Drop 10%
Posted by timothysykes on Thu 1st of May, 2008 02:57:15 AM
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Yup, that’s right, tiny, loud mouthed, mistake-celebrating TIM just busted a cap in the ass of the joke that is the financial industry by implementing my own brand of PennyStocking, or Short Selling Penny Stocks, a niche that’s supposedly random/akin to gambling and according to Forbes’ oh so popular Investopedia, in their definition of short selling, impossible to short sell! Screw them, the graph below says it all:
Maybe in the future more attention will be paid to this accurate definition of Short Selling—written by somebody who’s made millions from this strategy instead of some wannabe who’s just the latest journalist joker…you guys remember Sri, the theater major over at CNBC (fired yet?) and TheStreet.com guy who wrote about a product the company had already sold (fired yet?)! How could we forget—after all, their jokes have been very profitable for me and my readers.
Sorry, I digress—my blood is boiling from the amount of misinformation out there—this is a time for celebration and review. After all, while I made plenty of mistakes, a 47% return in 6 months is something to be proud of. So, take a look at all the most important posts during this journey, I promise, no matter what Investopedia says, this strategy is alive and well, legal and learnable (and to you haters, just wait until you see what I can do when I no longer have to deal with the pattern day trader rules, I plan my speaking schedule better and I’m not building a revolutionary new website…when TIM reaches $100k, it’s gonna be damn fun shutting you up as I make $50k+ in 6 months):
Successes:
Shorting Into A Factually Inaccurate Article
How I Made An 8% Return Before Lunch
How I Made 25% Just By Holding A Distinct Pattern Overnight
Why My Strategy Works Even For Stupid People
God, I Love Short Selling Penny Stocks!
Failures:
I’m Better At Being Cynical Than Optimistic
Fun Times:
Speaking At University of Buffalo
$1 Million Or 1 Million Page Views?
Ashley Dupre Girls Gone Wild Pics
36 Hours In The Life Of A Trading Addict
Even I Can Still Learn From My DVD
Why It’s Easy To Succeed In This Industry
Important Lessons:
The Stock That Killed My Hedge Fund
Rants:
Wall Street Sequel: Idiots Never Sleep
I Will Be The Top Stock Blogger In 2008
On Gold Diggers And Transparency
TIMstore Monthly DVD Specials:
See all TIM DVD specials HERE
Related Reading
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eb
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TIM Sykes
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%)
