Why Dennis Gartman Is A Classy Pump And Dumper & Some Other Hot Stocks
COIN
Yup, that old “classy” pump and dumper Dennis Gartman is at it again—re-adding this company with ZERO revenues (and even though they have PRs for everything including partnering with charities but can’t seem to find the time to put out ANY quarterly earnings PRs!)….last time he recommended this in Barorns right around the same price, the stock spiked and he admittedly sold into that strength, c’mon Garty, do your little song and dance routine again so you can pump and dump one more time! (SEC: I gotta remind you underpaid overworked fellas that original Barrons article was such a blatant case of stock manipulation—COIN was the only stock under $1 billion in marketcap). At least true bottom of the barrel penny pumpers don’t hide what they really are—they know they are scum—Gartman does—that makes him a typical industry villain!
Shorts don’t even think about it yet, yes, you might be able to scalp it, but never underestimate a scam of a company whose charts has now determinedly bottomed at $8 and $9…just not much downside here…short-term at least
BSHF
Totally screwed this one up yesterday, went short into a morning dip, looking for an outright panic, didn’t get it, 2 hours too early, seriously, so close, covered for a $90 loss…detailed post coming…when you know you have a busy day, just don’t trade—99 times out of 100, trading takes priority, but since launching this new site today was non-negotiable (and as you can see we’ve still got a ton of bugs to work out), wasting a day watching this stock wasn’t an option…stupid trade, even if it is a great example of how well shorting spa stocks works
PWSV
A spam stock breaking out higher…great example of why I take my profits quickly and don’t stick around to wait for hte FBI to bust in (they’re slow)
VM
To prevent me from trading—yes, it really is that much of an addiction—I turned my trading software off yesterday afternoon, missing this stunning beauty of fader…never say my readers ain’t smart, resident wise ass Ben Bien nailed this in the TIMforums before it dropped big–too bad he didn’t have a Thinkorswim account to short it though! Brand the chart below into your brains. Summary: solid multi-day runner, big-time short squeeze 
/rumors yesterday, you wanna short when that squeeze starts to fade (although I don’t like rumor stocks), in the afternoon when it cracks the $4.60 range
LNG
Another stock I missed rolling over, over the painnnnnnnnn
GST
Strong little sucker, remember, don’t even think about shorting until you see the whites of their eyes!
CDY
Spiked a few weeks ago, retraced, now it’s spiking even higher…gotta be careful with these, already sucked/squeezed a few short sellers out there
KTCC
Up on strong earnings, sure there might be some retracing going on, but I don’t short small stocks that put up big earnings, obviously the odds of giant success are still against them, but they’re putting up a good fight
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May 16, 200810 stocks to watch today
PDO already up $1.25, sux I'll be away all morning workin' on TIMtv, got 500 shares reserved to short if need be this afternoon
Also reserved 3,000 FORC and KYUS for potential shorts
May 15, 2008Yup, by next Monday, everything's gonna be real working-like!
May 15, 2008PDO, 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, 2008No 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!
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| XRM | $4.54 | |
| SSBX | $3.25 | |
| APWR | $22.15 | |
| VRML | $2.54 | |
| NTHH.OB | $0.21 | |
| DPDW.OB | $1.04 | |
| CROX | $10.97 | |
| SUNV.OB | $1.45 | |
| AYSI.OB | $2.10 | |
| FORC.OB | $2.29 | |
| CNEX.PK | $4.10 |
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1TIM Sykes
May 1st, 2008 at 9:24 am
whatcha guys think of the new site? bear with us, still tons of bugs to be fixed, but this is the foundation off which we’ll build
2ivegotstylekid(TIMBUCKS: $82)
May 1st, 2008 at 9:28 am
saw that VM as well, too bad I’m still under restriction. I think when I get the stimulas/income taxes I’ll be switching over to TOS. The new site is great Tim, everything is laid out nicely and is more entertaining. Keep up the good work
3Davey(TIMBUCKS: $132)
May 1st, 2008 at 9:29 am
I thought that in the beta there was a lot going on, but now it really flows well, and you don’t feel like it’s overwhelming. Great job, I’ve been part of website creations and I know how many times you have to push back the opening day to get it just right and so far I think you and your designer have done a great job.
43DS Wade(TIMBUCKS: $1)
May 1st, 2008 at 9:35 am
I agree, working in the ecommerce industy i know how much of a pain in the ass things can be..Great job Tim & Happy Birthday!
5stocktrader22(TIMBUCKS: $5)
May 1st, 2008 at 9:39 am
Careful with PWSV short. Here is a good article.
ATLANTA — A CBS 46 Investigation uncovered what appears to be a needless waste of power in some metro Atlanta homes.
A device called the “Power-Save 1200” promises to cut electric bills up to 25 percent. The U.S. Department of Energy has endorsed the technology, but not a single power company in the Southeast is willing to talk about the product.
Motor-based appliances pull in more kilowatts of energy than people use. The leftover energy flows out of the home, completely wasted. The makers of the Power-Save 1200 claim that if a homeowner installs the device near the breaker panel, it will store the leftover power for future use.
The device was intriguing to one Atlanta family. With one toddler and another on the way, the Marks are a high-energy family.
“I have an electric lawnmower, so I have been kicking that on as well,” said homeowner Greg Mark.
“I’m doing potty training, so the dryer is on every day,” said wife Michelle.
The Marks agreed to let CBS 46 install the device in their home. Their electrician said this was the first device he’s ever seen in a home. The electrician said he normally installs the device in businesses.
“It’d be interesting to see if we can really reduce our power without having to change our lifestyle too drastically,” said Greg.
Several months later, the Marks consulted their electric bills for the results.
“The real measure is year to current month and that was a big difference!” said Greg.
The family’s energy use is down 240 kilowatt hours a month, saving the family about $15 to $20 a month. If the trend continues, the $300 investment in the device will be paid back in about 18 months.
The Marks have cut the bill by about 12 percent so far, but with summer approaching, the Marks will be cranking up their energy-hogging air conditioning. That means the largest savings may be yet to come.
“I’m looking forward to cranking it up,” said Greg. “So we’ll see what happens!”
6tmvijai(TIMBUCKS: $7)
May 1st, 2008 at 9:39 am
Timmy,
Being a web developer myself, great job!! It’s all well organized and very well done.. It looks like you put lot of effort and have a good designer if you one to work with you.. It’s a lot to take it in one day but you summarized it all for the first time in first page to show what you got..
Good deal!!
VIJAI
7TIM Sykes
May 1st, 2008 at 9:40 am
PWSV is a blatant fraud, you gotta be careful with all these stocks, but never ever believe the hype, they’re not the first nor will they be the last to talk up their “technology”
8stocktrader22(TIMBUCKS: $5)
May 1st, 2008 at 9:45 am
Tim,
A device called the “Power-Save 1200” promises to cut electric bills up to 25 percent. The U.S. Department of Energy has endorsed the technology, but not a single power company in the Southeast is willing to talk about the product.
I think the US department of energy doesnt endorse scams.
9TIM Sykes
May 1st, 2008 at 9:49 am
NEVER believe the hype isnt some catchy marketing thing i’ve dreamed up, its through a DECADE of seeing these EXACT kinds of companies…there’s plenty of ways for somebody to endorse something, 99.9% of them are MEANINGLESS
10ivegotstylekid(TIMBUCKS: $82)
May 1st, 2008 at 9:51 am
gotta love the fake family reference
11stocktrader22(TIMBUCKS: $5)
May 1st, 2008 at 9:54 am
Yeah you’re probably right tim. I called TOS to reserve, guy said he hasnt even seen 50 shares available.
12TIM Sykes
May 1st, 2008 at 9:57 am
yah thats why u gotta root for these scams to really take hold, not even much downside here so i’d love for it to go to double digits!
13TIM Sykes
May 1st, 2008 at 10:01 am
can u guys do me a favor and click on timradio–see if those interviews sound normal or like alvin and the chipmunks?
14Davey(TIMBUCKS: $132)
May 1st, 2008 at 10:03 am
lol…Alvin and the chipmunks is what it sounds like
15cacaosteve(TIMBUCKS: $14)
May 1st, 2008 at 10:04 am
Works for me on Mac Safari, but how do I get to the 2nd podcast?
16sonid(TIMBUCKS: $16)
May 1st, 2008 at 10:04 am
pwsv off to a good start none available at tos
coin up fast but pulled in don’t think it will be able to break 11 today could be wrong hopefully i am
17ivegotstylekid(TIMBUCKS: $82)
May 1st, 2008 at 10:04 am
they sound good, it’s hard to hear the guy your talking to and the flash animation is in front of the radio player
18Davey(TIMBUCKS: $132)
May 1st, 2008 at 10:05 am
I’m using IE so it might be different, gotta check the site on all browsers, also on IE if you click tim radio the pop up is covered by the welcome to the new timsykes.com box
19ivegotstylekid(TIMBUCKS: $82)
May 1st, 2008 at 10:06 am
same thing happens in safari
20Davey(TIMBUCKS: $132)
May 1st, 2008 at 10:06 am
It does that when you click on it on the actual story page, you can see it fine when you click on it on the home page
21tmvijai(TIMBUCKS: $7)
May 1st, 2008 at 10:07 am
TIM Radio works for me man in Firefox too.
22ivegotstylekid(TIMBUCKS: $82)
May 1st, 2008 at 10:08 am
another good potential short is RT just got upgraded yesterday and jumped a little over 10%, company’s pretty shit. Buying a bunch of stores for remodeling. Unfortunelty I’m a cook there
23Davey(TIMBUCKS: $132)
May 1st, 2008 at 10:10 am
That’s fine I have firefox as well, but IE is still the most used so its important to get the bugs out on it, its probably a small problem
24stocktrader22(TIMBUCKS: $5)
May 1st, 2008 at 10:15 am
Sucks I’m getting antsy to short something, can’t find anything good today, and I could have slept in today
25bdog9seclx(TIMBUCKS: $19)
May 1st, 2008 at 10:15 am
Simon, Alvin….Theodore…not sounds normal but the banner is covering your radio image
26ivegotstylekid(TIMBUCKS: $82)
May 1st, 2008 at 10:15 am
also your interview with the technical trader, the link to his site goes to affiliateworkshop.com rather than his
27TIM Sykes
May 1st, 2008 at 10:20 am
coo thanks guys, thats gonna be my weekend-fine tuning everything so next week everything will be real perfect-like
28Davey(TIMBUCKS: $132)
May 1st, 2008 at 10:20 am
Lol, I almost pissed my pants hearing a chipmunk say he trades like a ferret on crack.
29moto250mx(TIMBUCKS: $2)
May 1st, 2008 at 10:30 am
Scalping some shares of COIN at this price seem like a good idea TIM.
Awesome new website!
30TIM Sykes
May 1st, 2008 at 10:34 am
damn gartman’s lost his touch, this pump is pathetic…VM looking good
31Adam(TIMBUCKS: $2)
May 1st, 2008 at 10:36 am
Tim the new site looks great
32stocktrader22(TIMBUCKS: $5)
May 1st, 2008 at 10:50 am
Tim where is the link now to the stocks you are currently watching.
Also are you playing anything today?
33tmvijai(TIMBUCKS: $7)
May 1st, 2008 at 10:51 am
Tim, I know CRAY was in your list 2 days ago. As you said, it went down yesterday but I actualy went long because of the chart and its shooting back up now.. its 10% down and up yesterday and today..
34TIM Sykes
May 1st, 2008 at 10:54 am
stocks to watch is on the right somewhere
just missed my execution on VM, tried to short 1000 at 4.59, nice morning fade…with all this website work goin on though y trading is gonna suck, now I know what old timers mean when they say they dont have the time to trade anymore
35ju(TIMBUCKS: $1)
May 1st, 2008 at 10:54 am
NETM. Looking at the chart makes u think history is going to repeat itself but this is a buyout so does that make it different?
36eb
May 1st, 2008 at 10:56 am
Tim congrats on your new and improved website! With you around, there will never be a dull moment in the Market. Thanks for sharing your knowledge, especially with us rookies! I swear I spend hours on your website!
37TIM Sykes
May 1st, 2008 at 10:58 am
look at FEED breakdown, people who bought at 17 and 19 might get pissed soon
38bdog9seclx(TIMBUCKS: $19)
May 1st, 2008 at 11:00 am
Tim
I think I speak for everyone here…We can bear with you on the website we wanna see you trading and making money and leading by example. You can tinker with the bugs after hours hommie…lunch is for pikers
39TIM Sykes
May 1st, 2008 at 11:02 am
oh trust me, if there was ANY ideal play goin on right now, i’d drop all the other stuff, but there aint, just a bunch of scalps, VM woulda been good for 20 cents, FEED might be good here for 20-50 cent bounce…gotta ignore these and wait for those $1-$2/share plays