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10 Hot Stocks: Hanging Out With All The Liars, Cheats And Frauds In Penny Stock Purgatory

Posted by timothysykes on Mon 5th of May, 2008 08:40:50 AM
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Seeing all the soulless scumbags around me, I can’t help but feel like this guy…name the movie!

hell 10 Hot Stocks: Hanging Out With All The Liars, Cheats And Frauds In Penny Stock Purgatory

LGDI.OB agri is so hot right now, great fluffy PR this morning, this is a solid pump—probly created by those who got cheap shares as disclosed in THIS toxic SEC filing just a few days ago…chart reminds me of NCEN from a few weeks ago—which dropped 40% off its highs, but patterns evolve (that’s right, you can’t just memorize patterns and then trade—you’ll get your ass handed to you, you actually gotta understand the variables that align to create them so you can ADAPT to change, as detailed in my instructional DVD PennyStocking) (welcome to why this niche is different from all others aka my publishing business model)

lgdibreakout 10 Hot Stocks: Hanging Out With All The Liars, Cheats And Frauds In Penny Stock Purgatory

SUNV.OB Not enough time in the day to explain everything wrong with this company, its all just exemplified by this blatantly misleading press release, an interview for which they paid, no different from the half dozen mentions HERE for which the pumpers paid

CPHI.OB First day breakout on earnings, bigtime resistance everywhere, let’s see what its got

CEGE Former 2-day spiker has now broken out on a gradual rise, now do you understand what I mean when I say its all about the price action ie. the same company can display 2 totally different patterns that you gotta play totally differently

VSCI Another gradual riser

UFPT What’s that you say—a perfect W breakout formation pattern right near the highs? Looks that way

HDY Repeat after me: I will not short surging Penny Stocks that have dipped and rebounded, I will not short surging Penny Stocks that have dipped and rebounded, I will not short surging Penny Stocks that have dipped and rebounded

GETG.PK Great spiker, too bad, it all happened in the last 3 minutes Friday on little volume aka it’s just a misprint

CVSC.PK Awwww, look what happened to our friend the fraud, poor you!

cvscfraud 10 Hot Stocks: Hanging Out With All The Liars, Cheats And Frauds In Penny Stock Purgatory

CAGC.OB Inevitably the same outcome for this company that pays to get pumped

BSHF.OB An eternity in sub 10 cent/share hell awaits this spamming operation

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  • YngvaiMalmsteve
    I'm long on CPHI
  • Joseph
    CONSTANTINE. The guy walking is Keanu Reeves
  • InvestorLive
    "You cannot short sell OTCBB securities," says TD-Ameritrade and Scottrade to short LGDI,even if I want to short, when and if LGDI reaches thier limit of minimum $5 or higher.
  • they should say
  • bullpicks6
    I like LGDI reminds me a lot of COIN when it began it's run months ago
  • Davey
    Yea I've got 1k reserved of LGDI at TOS, but it's gapping so gotta wait to see the "white of their eyes"
  • Davey
    Looks like we have a supernova forming here with LGDI, just gotta let it do its thing first.
  • short 1,000 LGDI at $4.62, nice entry, will build my position if it spikes
  • bullpicks6
    I think you guys who are short LGDI here will be fine, but i don't think it's turning yet, being on the long side I'm looking to sell over $5; bought under $4
  • Andrew
    I'm in there with you tim 800 at 4.73
  • lack of discipline, really gotta wait til the afternoon
  • jj
    yahoo's dropping...going to get another free book today!
  • What is so fun about impersonating my name? Is it really neceesary

    InvestorLive(TIMBUCKS: $2)

    May 5th, 2008 at 9:11 am
  • manhack
    I have LGDI reserved...still haven't put the final order through...thank goodness.
  • jj
    well LGDI's at $5 right now so you should be fine if you act quick.
  • bullpicks6
    Got my sell in at $5; good luck shorts, I've enjoyed my profit! Have fun!
  • jj
    sorry, that's why you should use TOS...
  • InvestorLive
    You want it? You can have it:)
  • Andrew
    Tim agreed probably should have waited a little. I added 400 more at 4.87. Looks like its pooping now.
  • GETG wow, although yes the move was in the last 15 minutes Friday, look at the volume already ... took 30 minutes for it to fall on semi-big volume .... OUCH to all the Monday buyers

    thats what you call suckers
  • LGDI appears much stronger, keep in mind 1 mil shares is about $4.5 million bucks, so a big money play, once it starts to spread and spike .05-.10 at a time is when you want to think about going on the opposite side - lets see if it can break $5 again
  • no tricks, im surprised they didn't try to trap shorts.. then again its rather expensive to support up here...

    $4.80s about to drop
  • Adam
    Tim are we currently in the sideways price action w/ LGDI that you talk about in your dvd? (between 4.80-4.90)?
  • MGI randomly spiking RIGHT NOW (7AM PAC./10AM EST.) on no news besides its earnings release date, might be a strong spike so as Tim would say "Avoid", but could be good for a quick gain within the day, it is fading off its high of $2.04. Check it out!
  • bullpicks6
    you can feel LGDI about to tumble here...
  • Andrew
    Investorslive I agree that big money can mean there could be more money to come and potential support but monkeys throwing darts at a newspaper are more successful than at least 70% of these guys. Also on 2 day chart from the run from 4 to 4.80 looks like the buying you were talking about. I definitely was too early in the morning, but I'm liking this action. Time will tell I guess.
  • Adam
    I cant get any shares boo!
  • Don't get me wrong.. this will end up in the gutter I'm sure and Tim will have a nice stockchart of the BIG RED candle that I'm expecting... BUT.. they shook it at 4.75-4.80 and there weren't many sellers... $5 break is the real test again... if it doesn't break then its fair game for lower... but as long as it holds $4.80 to 4.90 support this may consolidate all day just south of $5,... looks like their ego's want it above $5 and they'll fight for it to get there.. if they fail .. see you at $4
  • adam no where near sideways price action--i thought it'd just be a big morning spike ad then a 50 cent retrace...wrong about that, this is my lack of patience that i talk about in the dvd-normally it wouldnt matter so much as i'd just cut my losses and re-enter but with this damn pattern day trading rule, i gotta be perfect in my entry
  • now BMIC has joined ask.. our beloved shorter... lets see if they can break through $4.80 level as we approach nearly $8million traded
  • now theres some nice fading action, just too any sellers, can't support a $700mil+ marketcap, added 500 shares at $4.78, total average now $4.67
  • sonid
    Tim, it looks as though 4.70 is about our support area. If we can get a crack of that then we should potentially see at least a 50 cent tumble. But for now it has been holding very well. touching down there 3 times and moving away from it. I set my short real high to be careful and to reserve the shares.\
  • Davey
    Yea it's showing some weakness now on fading volume...short 1K at 4.66
  • cacaosteve
    What's your exit point on LGDI, Tim?
  • burky
    Damn, I missed it. I can't change my order with TOS. Changed with the trade desk via chat once but again just missed ... now working with tech support ... arghhh!
  • bullpicks6
    LGDI TIMMMBERRRR!!!
  • And we're offff
  • awww yeah we goin for a ride now!
  • or not, holding up well, remember its still up nicely on the day, we're waaaay early in this pattern
  • Andrew
    that's a pretty beautiful double top on the 5 day though
  • sonid
    its holding up but it looks as if the struggle to gain any momentum will push it lower and we will be in for a win. it bounced off of 4.70 but now we're below that so little by little. Whats your exit?
  • YngvaiMalmsteve
    Well I made a nice little $112 profit on LGDI on the way up. Tried to catch it now on the way down but no shares available to short.
  • Davey
    There she goes...She's coming back to earth
  • sonid
    nice fade action
  • god damn how great is this game?
  • Andrew
    pretty sweet
  • Davey
    LOl yea baby...huge retrace
  • Goose
    Nice play guys... No shares to short :( Boo...
  • sonid
    this game is so much fun when we're right
  • Davey
    Covered 1K 4.40s from 4.66
  • manhack
    covered at 4.41 from 4.84(eyed it at 5.00) entry

    Need to take a nap...Thanks TIM!
  • $4.40 holding for now...
  • covered $4.42, +375, congrats to everyone here! still gonna be a great play later today tomorrow
  • J-Mo
    Tim, for some reason I haven't gotten an e-mail with my password for your site so I can post on the forums. I wanted to know what you thought of STEC. Apologies for posting here instead.
  • J Moooooooooo - thats what the forums for!
  • Davey
    Very tempting to hold, but I had to take the quick 5%, and this thing looks like its spiking again.
  • Davey
    Great F*ing play and a great cover guys we just missed the spike.
  • J-Mo
    Investorslive, read the post! I CAN'T
  • J Moooooooo I'm sorry

    STEC beautiful, nice breakout it consolidated quite a bit around $9 I wouldn't short it... this may head to $12+
  • jj
    another great day in the market! well, i guess it's off to work now.
  • bullpicks6
    the wax is pouring off this candle now, imo it won't get higher than 4.70 again, that's the new res., and it probably won't get any higher than that
  • Davey
    By the way I didn't think it was possible but my call YHOO closing at 25.15 is looking possible now.
  • Davey
    This is great the way LGDI is shaping up it might be the best play tomorrow as well.
  • incorrect bullpicks, we're waaay early in this LGDI pattern, the predictable prcie action has come and gone, now its back to random and that eans possible short squeeze of those who don't understand pennystocking!

    heads up on SUNV, up big, again, I got 1,000 shares reserved
  • matt
    tim,

    is that you in the benz that hits the curb in Wall Street Warriors? that is the funniest clip, i can watch it over and over...well that and you kicking your lamp, or you celebrating getting a million dollars that you end up not getting. definately the best character on that show! love the site, good luck!
  • Davey
    SUNV looks good but it'll have to wait until tomorrow because I've got no buying power left. Thanks SEC
  • thanks matt, nah i never had a benz, i preferred my bmw 745li

    yah davey, i'll have a post later that we can refer back to again and again at how ridiculous the pattern day trader rule is
  • cacaosteve
    Well I didn't exit LGDI properly... every time I increase my limit order to the ask, the "mark" goes up a few more cents. It's like it's just me against whoever is out there not selling to me!
  • matt
    preferred? what car did you switch to?
  • Davey
    You should point out how the under 25K guy gets hurt because he holds losses and takes profits too quick because he's worried about not having any trades left instead of exiting losses quickly and being allowed to re-enter. Without that stupid rule we could have re-entered around the 4.80-4.90 range in LDGI, but whatever. That costs us way more than the 5-10 bucks a trade there trying to save us.
  • ochopsycho
    Tim, do you have an opinion on KERX?
  • Joseph
    Nah Davey, the worst is when you are actually short a stock, and then bam! suddenly you remember that you don't have any daytrade left, and all you can do is sit there and watch this thing gapping up on you and your only option is to buy to offset some of the loss. Scary, Scary!!!
  • J-Mo
    What happens if you do get flagged as a day trader on TD ameritrade? Any one had experience here? Any way to get out of it?
  • eb
    Tim that would be cool if you at least made a cameo on WSW Season 3! WSW Season 2 was pretty boring, especially with those two lame salesman pushing Sandisk.
  • Joseph
    I think first time you get a warning, second time they take away your margin
  • Dan_O
    I got tagged as a pattern day trader on TDA.

    TDA limits you to closing positions only and the only way out of it is to promise that you are not a pattern day trader, they actually record you saying it which is odd.

    I've never had it happen a second time, so I don't know whatthe policy is.
  • Shorted MESA this AM, in the event of a water landing.....
  • VNDA anyone?
  • AAI taking a beating too...ok I've got 3 TIMBUCKS now, I'm done for awhile.
  • J-Mo
    Woo hoo! Shorted LNG at $9.57 on 4/30. Look at it go!!!
  • Jesse
    Constantine was a POS movie :P It's...kinda similar to a pump and dump - it got hyped, and then dumped on my eyes...
  • SUNV showing some weakness here... lets see if it can hold $1.49x$1.50 test #1
  • POP goes the weasel $1.37x$1.38
  • YngvaiMalmsteve
    MESA appears to be fading
  • sonid
    correct me if i am wrong but this is the sideways price action we are looking for in LGDI
  • monkiman
    got 15 cents out of FEED, nice $84.... just shorted LGDI at 4.62
  • "wait till you see the white of their eyes"
  • will_the_thrill
    watch out for stec, it's an earnings play.
  • Aegir
    Tim nice tie you got there!
  • Aegir
    CLR >> doing a good job so far.
  • JensGould
    check out them sell orders on lgdi at 4.65 youch!
  • JensGould
    well there were two 50k share sell orders at 4.65
  • LGDI is not the sideways price action i look for...yet, i was aggressive, going for and getting a morning spike and drop but that not where the big $ is made--ideal sideways price action is when the stock is barely up or down ont he day after a few big days as thats a sign a big fade will come in, pushing it bigtime negative on the day...here a fade could come in, but it'd still be up on the day...since it'll probly finish up, it could/should gap/spike/squeeze early short tomorrow, making for another good shorting opportunity...understand?
  • Ram
    VNDA? Short or long?
  • Michael
    VNDA should have one more day up then a crash IMO
  • sonid
    great explanation and I thank you for that.
  • Adam
    Tim, that makes sense. thanks for the clarification in the sideways action. i thought it was just intraday sideways for a short period vs the variation (or lack there of) in closing price compared to the previous day
  • jron
    Agree with you Michael. Probably more upside here before reversing. Could see the reverse at $6 or even higher. Thoughts?
  • Bob the VC
    HDY- I get it Tim, I will not short surging penny stocks that have dipped and rebounded! LOL..

    Anything not OB in play for this afternoon? I would have loved to have played with LGDi.. I say, can I play? But TDA say No way!
  • J-Mo
    With LNG these are the times where I wish I put more money in. So tempting sometimes to go for that homerun...
  • Michael
    Anyone looking to short SUNV here or will this have a gap up tomorrow.
  • Short safe gains are always the way to go Jmo :)
  • YngvaiMalmsteve
    I shorted SUNV at $1.49, got out at $1.26...right where it just bounced
  • Michael
    Damn I had shares available to short, was wiating for $1.50 and too late it didnt get back up there.
  • YngvaiMalmsteve
    MESA...beautiful afternoon fade...I shorted at $1.03 (should've stuck with my original $1.07 but got scared out of it when it finished strong on Friday). Haven't covered yet...still waiting. I'm afraid if I cover today I'll get hit with a pattern-day trader alert. Anyone know how that works with TOS?
  • Great job today guys. Tim in case you haven't heard any mobile feedback I'm on my sidekick rigfht now at work, and the site looks great
  • cool, thaks, glad the site's working on mobile too!
  • SUNV falling like a rock! LGDI losing momentum into close...

    Nice trades today guys!
  • bnbien
    VNDA flying high (+29% today), someone take that bird down!
  • monkiman
    God bless u tim... i covd my short for IDGI, will look for it to spike tomorrow.... come on baby, spike back to $5
  • monkiman
    LGDI.... typo. by the way, what do you think of APSG??? possible play or not worth it.......
  • YngvaiMalmsteve, love the teased big hair and your short of MESA, I'm still short at $1.11, had an appointment so I shoulda covered in the mid-80s, also your heyday!
  • YngvaiMalmsteve
    Haha, Jeff. I should've covered in the mid-80's too. Started bouncing back quick and I ended up covering at 0.93. Small profit but not as much as I would've liked. I should've just done it right away...I hesitated because of the pattern day trader rule. Of course, I didn't know I had already been flagged anyway so it didn't matter.
  • noobtrader.08
    Tim,

    When shorting do you prefer Market, Limit, or Stop?

    Others chime in too. EDUCATE ME!! =D
  • PETEKUSH
    bdco big moves!
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Who Is Timothy Sykes And Why Should I Care?

See Tim's full bio HERE. Tim turned a few thousand dollars into a few million by taking small gains time after time on hundreds of volatile penny stocks, discovering that his trading strategy, while consistently successful, works best for those with smaller accounts.

Determined to teach others this PennyStocking trading strategy (learn more HERE), he went back to his original $12,415 roots (already $58,000+ even though the stock market has crashed) to show everyone how to turn thousands into millions, even while having a life (somewhat) and making plenty of mistakes. Currently he is the #1 ranked trader out of 25,000+ on Covestor)

How Can I Consistently Make Money In The Stock Market?

Hard work, Determination and Know How.

Hard work to learn how the greatly misunderstood niche of penny stocks provides opportunities every now and then on which you should pounce.

Determination to seek those probable profits out and know how in order to actually profit from them.

Long story short, wait for stocks that are extremely volatile - for whatever reason - and then aim to take small profits (between 10 and 50% within a few hours, days or weeks) here and there, either from betting on higher or lower prices (yes, you can make $ betting on lower prices, it's called Shortstocking (learn more HERE).

Why Penny Stocks?

As Tim explains in several ALL-NEW instructional DVDs (see them HERE) and in over 2000+ blog posts, penny stocks are the most hyped and corrupt niche in the entire investment world. These two qualities make them the easiest to profit from (legally) because the vast majority of people who play penny stocks are suckers and all-around ignorant people. If you have any intelligence whatsoever, you have a clear advantage and it's like playing basketball against mental midgets.

Where Do You Find Stocks To Trade?

This is the #1 FAQ (see more HERE) and it is answered in THIS instructional DVD.

Of course, that's just a brief introduction - to receive a full education, there is Tim's book An American Hedge Fund which is the story of his remarkable rise and lessons learned.

To truly increase your odds at profit, Tim has designed an entire set of detailed instructional DVDs, covering all the variables that amount to over 24 hours of instruction (see them all HERE)!

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%)