Why Dennis Gartman Is A Classy Pump And Dumper & Some Other Hot Stocks

Posted by timothysykes on Thu 1st of May, 2008 09:22:51 AM

Tags:

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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TIM Sykes

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

ivegotstylekid

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

Davey

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.

3DS Wade

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!

stocktrader22

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

tmvijai

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

TIM Sykes

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"

stocktrader22

Tim,

A device called the

TIM Sykes

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

ivegotstylekid

gotta love the fake family reference

stocktrader22

Yeah you're probably right tim. I called TOS to reserve, guy said he hasnt even seen 50 shares available.

TIM Sykes

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!

TIM Sykes

can u guys do me a favor and click on timradio--see if those interviews sound normal or like alvin and the chipmunks?

Davey

lol...Alvin and the chipmunks is what it sounds like

cacaosteve

Works for me on Mac Safari, but how do I get to the 2nd podcast?

sonid

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

ivegotstylekid

they sound good, it's hard to hear the guy your talking to and the flash animation is in front of the radio player

Davey

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

ivegotstylekid

same thing happens in safari

Davey

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

tmvijai

TIM Radio works for me man in Firefox too.

ivegotstylekid

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

Davey

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

stocktrader22

Sucks I'm getting antsy to short something, can't find anything good today, and I could have slept in today

bdog9seclx

Simon, Alvin....Theodore...not sounds normal but the banner is covering your radio image

ivegotstylekid

also your interview with the technical trader, the link to his site goes to affiliateworkshop.com rather than his

TIM Sykes

coo thanks guys, thats gonna be my weekend-fine tuning everything so next week everything will be real perfect-like

Davey

Lol, I almost pissed my pants hearing a chipmunk say he trades like a ferret on crack.

moto250mx

Scalping some shares of COIN at this price seem like a good idea TIM.

Awesome new website!

TIM Sykes

damn gartman's lost his touch, this pump is pathetic...VM looking good

Adam

Tim the new site looks great

stocktrader22

Tim where is the link now to the stocks you are currently watching.

Also are you playing anything today?

tmvijai

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..

TIM Sykes

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

ju

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?

eb

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!

TIM Sykes

look at FEED breakdown, people who bought at 17 and 19 might get pissed soon

bdog9seclx

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

TIM Sykes

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

bdog9seclx

I think i got a good idea for the site timmay...how bout a chat room where everyone can talk real time about real time trades etc...anyone else think that would be cool...?

will_the_thrill

Goin to buy some abk around 1 pm est, memorized the chart for best entry, bought some back and 3.48 will ride back up to 6.

tmvijai

WILL_the-Thrill, do you think it will go till $6 without any break. I thought of buying it when it dropped to 3.48 but didn't

Stoquer1

Tim why dont you go back to previous stocks and pickup more cash as they further dwindle away? EX. PDO-.95, WSCI-2.00 DGLY -.50. It seems like fairly easy money once they have been pumped dumped and repumped and eventually fade into oblivion.Thanks

TIM Sykes

i def should and will ocne my account grows...cant tie up precious capital in case a really good play comes around

bdog9seclx

Tim i noticed it takes forever to load this page i dunno if there are too many memory intensive things going or what....FYI...what do you think about a chat room?

TIM Sykes

chat rooms is out, too many legal issues, especially with all the frauds we play

will_the_thrill

too many people want to make big money on abk, if it gets back to where it was before earnings, the sellers will be-a-plenty tryin to break even.

will_the_thrill

got in at 4.95, see ya at 6 (5/9/8) lol!

Jonny

Like the new site Tim!

Mark

New site is great. I preferred Tim's reply in blue highlight instead of this dull colored highlight. Blue is better to locate. Thanks.

Alex

Your new site looks groovy notwithstanding some bugginess. When are you gonna start hiring yourself some jORALysts? Or will it always be a one man band?

TIM Sykes

bugs are getting fixed by the weekend...there'll be other writers, once i find someone worthy

Omarik20

Tim what do u think about shorting Halo????? it is up with out any news......also the next support is way down.....any potential profit in this piece of Shi****

Dennis Gartman

Tim,

I take rather strong exception to your comment referring to me as a "Pump and Dumper." That is simply not true. I know of no one in the industry who puts forth his positions in the funds managed or the personal trading accounts run that are as transparent and as clear as are mine.

Rather than "pump and dump" COIN last time, I bought it and ended up losing a goodly sum of money... Indeed, that was the largest loss I've had this year, although I remain up 7% for the year-to-date, and was up a bit more than 22% last year, and nearly that same amount the year before that, and the year before that. Oh, and the fund I manage in Canada is up 29% from its inception last April, so clearly I have some modest abilities in the arena of investing/trading.

At any rate, I have indeed bought back into COIN; the company intriques me. My position is small, and as is always the case, I'll add more when my initial positions proves profitable and has been insulated from what I perceive to be random market noise.

Warm regards,

Dennis Gartman

timsykes

halo isn't up enough

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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%)