10 Hot Stocks That Will Make You Tear Up & Be Unable To Watch FOX Biz

Posted by timothysykes on Fri 16th of May, 2008 08:18:26 AM

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Yeah there’s lot more, but again nothing ideal to short…yet…especially all these crappy oil companies, nothing like a rising tide to lift all boats

ASIA exemplifies a slow boring breakout of a real company…makes me sick to my stomach how slow these things move, no wonder why 90% of traders lose money trading these things…blehhhh….I’ll take fake companies that move any day of the week

FORC=KYUS=HYBR as all three are known to have been sending out spam mailers to get people to buy their crappy stocks! C’mon guys, these companies are fake–ever wonder why I can say that and get away with it? Cuz it’s the truth and the fake companies don’t wanna fight me in court! I lost $400 shorting KYUS too early (detailed post coming soon)—not because I don’t think the stock is lower 1-2 months form now, but because I’m not gonna be around much today (working on a live version of TIMtv) so I couldn’t risk a big squeeze…yup, playing it safe to teach you guys a lesson!

NCOC is a breakout that I called yet also made fun of…what the hell do I know, I only made a few million…use my posts however you want, I’m better than most even if I screw up quite often.

PDO and MXC are great examples of why you don’t short randomly strong penny stocks…sure, sure you might be able to scalp $1-2, the kinds of gains I’m used to, but the risk-reward is very different…just as how similar chart patterns do not all mean the same thing (pump & dumps vs. earnings), there are different kinds of $1-2/share gains…and yesterday PDO screwed a lot of unprepared people and probly will do some more screwing today. (Don’t be one of them, learn how to play the game!)

KUN is just your typical tiny Chinese AMEX play that everyone wants to short cuz it’s up sooo much on no news…screw you, you early short sellers you know not what you do…yes you may scalp a quick victory, but like PDO, your risk-reward sux…I suggest you look at RCH’s historical chart

CNEX bounced a lot on 96,000 shares, big whoop…no I’m not looking to re-short, you guys still don’t get that I look to take advantage of the effects of stop losses going off, that’s it….all the stop losses have been taken out already, like an FBI agent stalking the scouting out the scene of a crime after the boys in the lab have already taken away all the evidence…nothing more for me to do here until another crime gets committed and amateurs are taken out back and shot

SOL is a solar earnings play, don’t you dare try to short that, especially you amateurs…your probable loss will give Short Selling a bad name and I won’t allow that cuz just because you’re an idiot does not mean this strategy ain’t great

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Tony Ellis

Are you going to go long IVAN with me today? Great earnings...lol

Bob (VC)

damn Tim, I feel like the Tina to your Ike! I know I screwed up on KUN yesterday, but save your pimp hand for the bitches :)

YngvaiMalmsteve

I've got shares of FORC and KYUS reserved, but no way in hell am I shorting unless I see some weakness. And no way am I shorting in the morning...gonna let them play out first, if I miss a morning tank, so be it...I'm not gonna get squeezed on these

lmsmith

finally my TOS account is up and running- but before I start trading- I need to feel out the platform- it's completely different from the user friendly Scottrade.

Sol---- with in two months that stock tripled- that's one solar I should have bought-

there's RSOL- a recent IPO, it's not doing to well, but neither did Sol when it first came out.

tsa

PDO ready for a short? top $16.38 in pre market, now under $15

Evan

Yng...,

Also have shares of KYUS to short and will wait. Have a question for anyone reading- what's the most consecutive up days you've seen with a pump and dump?

Evan

IMO- today's the day for KYUS to crumble. Big sell orders right at open (more than the last five days)

timothysykes

evan who cares what u think, who cares what i think--i thought yesterday it'd crumble...wrong. just wait for the afternoon fade or first down day...this could go on for many more days, squeezing early shorts

Evan

Hey Tim,
Didn't know if you were traveling or not- what's the most days in a row you can remember a pump and dump going higher?

timothysykes

evan i have no idea, could be 10, 20 1,000 days...it doesnt matter, patterns evolve, wait for the right pattern

Davey

Evan take a look at Tim's manipulated charts, these things can for months so it's not even worth trying to predict when something should come down. Wait for the price action to tell you when it is over. "Wait to till you see the white of their eyes"

wes

Gotta love those overnight 15% pops. Ive been long on KYUS (sold out yesterday) = 15% pop.

Got another one this morning on RCH (long) = 15% pop.

Seems like there is just as much money being long on the pump as there is being short on the dump! Just gotta watch your stops tight.

Davey

Lol, look at PDO, KYUS what a perfect example of why you shouldn't short randomly. There were 2 comments already saying these stocks were done because of their open and now their at higher highs.

Chris

Anyone know why INTX opened lower today?

wes

I was also long on KUN overnight and had up to a 6% gain but it started to tank. Might be ready for some shorts to come in, I'm not risking getting squeezed untill its safe.

Ive reserved KYUS and KUN to short.

Anymore that I'm missing?

timothysykes

yup, i've repeatedly said there's greater opportunity on the long side, i just suck at it...doesnt mean u will

wes

I dont know why ppl wanna short into KYUS so early. Look at its 10 day, extremely bullish uptrend without any cracks that I see. I mean draw a damn support uptrend, untill it breaks that, dont short. That easy

JMoates77

Tim and Davey, good convo yesterday about account sizes. Sorry I was unable to respond (work was over). I suppose I attacked the wrong point in my original argument yesterday. I would like to restate it: I think we have a major problem with debt in this country and Tim has a large audience waiting breathless on his next trading play. Someone with your clout could do a lot of good for those that have no control over their finances. Even more, you could insist people get that control prior to investing. I feel that taking what many consider a precious amount of money like $1000 and spending 2% (one on the purchase and one on the sale) on fee's is fiscally irresponsible. Not that losing 50% would be less harmful than losing 50% of 100K, that's not the point. It all comes back to the risk/reward of the trade when compared with your personal finances.

In the words of my favorite comedian Brian Regan..."That's all I'm tryin to SAY!" Anyways it's just an opinion, take it or leave it. Apologies if I came off as pompous Davey, it was not my intention. And your right, I don't post my trades. I'm not always right, but I usually just reserve and trade the same stocks as Tim at around the same entry and exit points unless they are OTC since I'm on TDA right now.

Tim, I would just like to add that I appreciate what you're doing here. It is extremely difficult to implement lasting change to an industry that doesn't see the need for it. I'm a follower and appreciate your work.

wes

Some stocks that have showed up on my scaner.

COWN
ENT
SUTR
ORCH

monkiman

PDO hit 17ish, now back to 15... wat a volatile sob Im still getting a lot of emails, pumping CNEX...

Evan

I NEED YOUR DVD- cuz it looks to me like KYUS is breaking down- but honestly, I don't know, and I don't want to miss it by waiting for the first down day- if I'd have done that with CNEX, I would have missed it all.

JensGould

bahhhhh put in an order to short kyus at 2.58 didn't get executed!

Evan

Tim,

I will definitely still listen to you, because to be honest, the last hour was waaay to stressful. Truth be told, I shorted KYUS at 2.62 at open. Watched it go to 2.70 while everyone here was posting I should not be short yet (knowing that I was really made me sweat this one out). I waited, actually rationalizing that I could watch it go up more cuz I made over 1k on CNEX Wed.- wow, what is wrong with our brains when it comes to trading in the heat of the moment. I held, and just covered at 2.45.

What I saw in the stock that kept me holding:

1. Largest sell at open in past five day run up
2. not being able to break 2.70, then hovering around 2.66 for what seemed like an eternity
3. Volume looks like a descending slope

-looking at the stock right this second, apparently I covered smartly- but who knows cuz I haven't read your book or bought your DVD. Yeah, whoever reads this, don't do what I did- your heart will thank you and it could have ended a lot different (ie. me losing the whole gain from CNEX because I know how my mind works while staring at a 'LIVE' chart).

traknologist

Imsmith tos is more imo is more user friendly, and more efficient than scottrade... Start trading paper money first to get some practice then you can shift+click your life away.

Davey

lol don't do that Evan..."Truth be told, I shorted KYUS at 2.62 at open. Covered @ 2.45" Post that this morning when you were asking when you should enter. Everyone is gonna be a millionaire in a couple months with these phantom posts.

RGIlles

I think that was the white in their eyes that Tim was talking about

Dan-O

PDO...Here take this pill and go to sleep.

Davey

You just posted this...I NEED YOUR DVD- cuz it looks to me like KYUS is breaking down- but honestly, I don

wes

Shorted KYUS at 2.42. I got a late entry but I wanted to be sure that it tested the broken support.

Mark

Went to the kitchen to make coffee. Came back to find KYUS breaking down already. Hard to believe, but I saw it in time to short it at 2.54. Wow, that was close.

Rambone

PDO has a good 2 points downside coming intraday. Classic sell off signal of gap up at the open and currently trading under yesterdays close 1 hour into trading.

ju

CDY broke through 52week high

Al

PDO and KUN thanks for the advice

Davey

LOL...People are gonna leave this site if people like Evan and Mark keep posting after a stock tanks saying they were in. THANK YOU WES FOR YOUR HONESTY.

wes

KYUS IS SQEEEEZZZZZZNNNN

getshorty

PCQ.V Petrolympics (doesn't this name inspire confidence?)

Canadian Oil & Gas explorer

Asked about this one yesterday, yesterday it surged from 0.35 to 0.60. On Strong Volume, today it gapped up and opened at 0.75. what u think about playing the momentum up?
Too much downside?

I guess its up on the buzz about raising oil prices, however pdo is down.... don't get it..

I would like to short at a later time, if it breaks down from 0.57

Whats your take?

Dan-O

It's all noise.

If you want people to believe you register on Covestor.com

YngvaiMalmsteve

Well I missed this morning's move on KYUS

wes

No problem Davey, I dont care about posting my mistakes. I'm down 4% on KYUS but yesterday I made 15% on it being long so who cares. I have a bad tendency to chase on the short side. So far im much better on the long side and have had good exits.

Mark

I'm being honest. I don't have time to come here first before I go to Think Or Swim and adjust my trade. Get a life weirdo.

Davey

LOL no one said to post before you trade, but don't waste our time by telling us what happened after the stock moved. That's looked down upon by every community of traders ask around.

wes

Covered at 2.6, shorted at 2.4 :( Damn that was a tricky ass squeeze, i think alot of ppl fell for that.

YngvaiMalmsteve

Volume & liquidity sucks on MMGW

Davey

Watch this...I was in KYUS @ 2 and just sold @ 2.60. Does that help?

JMoates77

Yeah, good lord Davey. You gotta let off a bit about the POST AS SOON AS YOU MAKE THE TRADE OR ELSE YOU'RE LYING. That is simply not true and that just shows that you have a very skewed view of the world.

Evan

Jeez Davey- quit eatin' my luch so hard! I just said I was wrong to enter when I did. Yeah, it worked out, but you're making it seem like I didn't even trade this. I posted at 9:34 that I 'thought' it was going to 'crumble'. I shorted at 9:35. Tim posted at 9:43 and it made me take a look at waht I had just done and freak out cuz I knew I shouldn't have gotten in it. The next hour I was glued to the chart, taking peeks at this site only to find I was probably about to get squeezed hard. Sorry I didn't take the time let you know in the middle of the trade, but I also didn't want to cover for a loss- which proved right, but I know from wathcing TIM for the past few months that I should have covered cuz I shouldn't have been in it in the first place. After the trade, I went to get cereal and came back to find I'm a liar. C'mon man.

Davey

Lol, you guys are killing me, there are plenty of us on here that post around the time we make the trade. I never said post right away. I said don't post after the stock moves. They had all day to say they were in 2.54 and 2.62 but they waited until it tanked. But whatever check around if you think that is cool. No board respects that, trust me.

Dan-O

A Priest and a Rabbi are riding in a plane. After a while, the Priest turns to the Rabbi and asks, "Is it still a requirement of your faith that you not eat pork?"

The Rabbi responds, "Yes, that is still one of our beliefs."

The Priest then asks, "Have you ever eaten pork?"

To which the Rabbi replies, "Yes, on one occasion I did succumb to temptation and tasted pork."

The Priest nodded in understanding and went on with his reading. A while later, the Rabbi spoke up and asked the Priest, "Father, is it still a requirement of your church that you remain celibate?"

The Priest replied, "Yes, that is still very much a part of our faith."

The Rabbi then asked him, "Father, have you ever fallen to the temptations of the flesh?"

The Priest replied, "Yes Rabbi, on one occasion I was weak and broke with my faith."

The Rabbi nodded understandingly for a moment and then said, "A lot better than pork isn't it?"

wes

Ive got a long order on RCH at 10.85. It likes to spike, fade fast keeping its bullish trend (higher highs lower lows) and then rebound.

Davey

But I'm done, it's up to the community to keep things in check, but if you want to allow that then by all means go head. I have no problem with going with the majority.

getshorty

After your feud about bragging rights is over.

Give a look at pcq.v

JMoates77

is RCH a real company?

Dan-O

7,600 share sell order on PDO @ 15.90, not a big deal but shows people are taking profits

getshorty

Hey TIM, Don't tell me this is not a perfect breakdown

CMk.TSE SHORT SHARES AVAILABLE courtesy of Codyhof

Mark

Davey, I was just happy. I'll tell you right now, I'm not good at this. I'm just trying to improve right now. Excuse me for being happy. Anyway, I like reading other people's experiences, good and bad. I'm happy for others when they make good trades. It would do you well starting thinking the same way.

JMoates77

Mark, someday you will learn that you will never be able to shut up a micromanager.

Davey, get a life.

JMoates77

PS: I just bought 1000 shares of RCH @ 10.70

HAPPY?!?!?!

Davey

Mark,

Sorry if I was a little harsh, I'm happy for you and I like everyone here. We're gonna have disagreements but I still want everyone to do well. Lets keep working together and improving.

Dan-O

Jeebus, lighten up.

codyhof

haha getshorty, CMK shit the bed!

I have never tried to short on my Canadian account so i missed out... a shame.

Davey

Just as I try to make things right Jmoates opens his mouth. I'm done bickering but weren't you the one yesterday telling everyone here that our accounts were too small and we should put our money in the bank.

JMoates77

Read above loud mouth

Dan-O

Moving up my limit on PDO,

Davey

I'm trying really hard not to turn this into yahoo so once again it is over Jmoates, stop talking shit about me not having a life and being a weirdo, I'm 21 and out of school for the summer. I'm trying to make some money. Lets not get personal, this isn't yahoo.

getshorty

CMK is flirting with resistance at 1, I decided to short it only if it break kown from 1, so i placed a sell stop order at 0.98, it got executed at 0.97, not much, 200 shares to try,

Now it went a little bit back up and is facing a wall of buyers around 0.99 - 0.97 , 177 000 shares buy order.

wes

Good entry on RCH Jmoates. better than mine. Whats your stop, I have it set at 10.45. Hope it doesnt go off because that will put me at my limit for PDTs.

BTW how does that exactly work?
I had 2 PDTs on Wed.
1 PDT on Thurs

If i get one more today that will be 3. So I cant make another PDT until Wednesday?

wes

Anyone thinkig about going long again on KYUS? It did that same fake-out, then short squeeze, then uptrend yesterday. Looks like it will again today.

JMoates77

No WES! Any more than 3 in a 5 day period and you'll be flagged. If you haven't been flagged once yet, you get one freebie, after that they restrict your account. Only use that one freebie if you absolutely have to get out of a trade.

Davey, agreed. Nobody wants that.

THE BARBER

PDO DESTROYED ME TODAY ALONG WITH A COUPLE PEOPLE I TRADE WITH. A PERFECT SHORT SQUEEZE. MAKES ME NOT WANT TOGO SHORT ANY STOCK ANYMORE. :(

Dan-O

Yo! Informal poll time.. What do you use for market timing?

Davey

Hey Wes what broker are you using? some brokers are super strict and if you get flagged they will restrict you so you have to buy and hold for at least one day. If you only made 3 you're good.

getshorty

WES, depends on the broker, they put temporary limits to your account so you don't go over the sec limit of 5 daytrades per 5 business days.

In my case, interactive brokers doesn't allow me to trade US stocks for 5 days if i do 3 daytrades within 5 days (to prevent you breaking the rule of the sec, if you break down you can't trade for either 6 months or until your grandma borrows you 25 000 to put into the account).

When will you be able to trade again if you go over the limit today will depend on when was your first day trade of the las t 5 days. In your case it will be either wednesday or thursday, hope this helps.

In the meantime, you can play unlimited canadian stocks, check my previous posts.

getshorty

Barber, you should have used that money on buying the dvd, that way you would have never shorted that son of a btch

wes

Well I made 2 PTDs WED, 1 Thurs, if I make one today thats 3. Monday would be the 4th day, Tuesday the 5th, So by Wednesday of next week it seems that it would be the 6th day and the 2 PTDs on Wed would have cleared, So I'd be able to make 2 more. The next day, thurs, if I havent made any since seems like I'd be open for 3 more.

wes

Oh yah, I use zecco for my longs and bigger positions, I use TOS for my shorts. The TOS has a smaller account. I'm thinking of switching my zecco balance to sogoinvest-elite. $10 a month with live level 2 quotes and $1 a trade w/ downloadable trading platform. Seems like a steal.

Tony Ellis

What do you think of BWEN $1.5 billion OTC wind company. FRaud or real?

Davey

You're right Wes, if you wait until next wed. you will have 2 free and all three if you wait until thurs., but don't make any today because you used your 3 on wed. and thurs.

sykeshater1

You didnt think you were making it through a Hater free Friday did you?? Was busy doing REAL trades, up couple o hundred K fools. Hope it was a profitable morning for all.

JMoates77

bought another 1000 RCH @ 10.95

Mark

Still short KYUS BECAUSE MY AT&T WIRELESS CARD WASN'T WORKING when it mattered. If it hits a new high, I am out. Anyone have argument for staying short here at 2.69?

Evan

Just looking at the crazy chart of PDO- I'm seeing gravity come into play at some point. If PDO finishes under $15, that would be a possible short Monday, right? If this is a real oil company, though, who knows?

Davey

Mark I would wait to see if it cracks the intra day high, do you have any cash on the side to avg. up from your entry?

getshorty

hater, you make hundrd thousands a day, and you have nothing better to do than brag on a forum with small account holders under a nickname,,,,,,

Sad..... guess nobody likes you at work......or at life.......

sykeshater1

Serious question though. In the case of KYUS, there isnt a shred of fundamental analysis out there in the name, all you have to go on is Tim's suggestion that they are sending out spam trying to drun up interest. I agree with him that this doesnt inspire a ton of confidence in the name, however after that you are just going purely on gut instinct. Seems dangerous to me, just playing devils advocate

sykeshater1

getshorty, life COULD NOT BE BETTER. You reek of envy

Mark

I got the stupid pamphlet from KYUS in the mail

getshorty

you are bluffing

Mark

DIE KYUS DIE!

RGIlles

Has anyone read the filings?
Come one this company has no business at all. Relying on their stock for funding their operating expenses no wonder they are spaming (read investorslive's post).
This thing is going to fade into oblivion.

cash

Wes do you use level 2 qoutes now and if so who do you go through? Thanks for all of your previos post you have been very informative.

jesseb

"Tim, you ain't no pimp dude."

Tim: Where's my money?

Random_hoe: That's my money!

Tim: You just jimmy-fu#*-muf&Cka

Evan

Jesseb,

Not that you're not good comic relief, and not that I'm not envious of your TIMbucks, but how the bleep do you have $35???

wes

cash you get free level 2 quotes on TOS platform. Download the demo and papertrade if you dont want to fund it, it has a great charting program called prophet. quotes are delayed 20mins but really more like 2 mins with the demo. its live quotes when you fund it. You can fund with any ammount

jesseb

I asked that same question - it's based on posts apparently, nothing more...I think it's flawed, I am going to recommend that Tim takes them all away until I can post something useful to the blog...

I have scruples...and such ;)

cash

Wes thanks again for the info. I am like you and have a Zecco and TOS accounts. The TOS account is one I just opened and funded. I agree with you and Tim that there seems to be a ton of money to be made on the long side of these pumps. So do you trade for a living or do you have another job on the side?

wes

I just graduated business school so I'm off for a few months until my job starts. Ill be in NYC at JPM. Not everyone on wall street hates gutter stocks :)

S Adams

CNEH, I think it going to keep going for now.

cash

Well good luck and once you get there say hello to Jaime Diamond for me.

wes

Im so tempted to start looking for a play on MXC. But Timmy says no :)

Look at its 30 day graph though. Redic!

will_the_thrill

Keep an eye AWRE

Mathemagician44

Tim
I just got back from Borders to get your book, but they didn't have one. I got a few generic books instead jsut to try and get the basics down.

I am extremely new to the stock market. I knew nothing about the market until I saw an interview with you on G4 2 months or so ago. I opened an Etrade account that night maybe, I think. I am still kinda scared of the idea of shorting, but follow your site many many times/day and wanted your book to try and get the idea/risks down a little better. I'll try another bookstore when I get back from vacation, tomorrow we are going to Mexico.

I also opened another account at Zecco the other day to try and learn a little cheaper and put 3k in it, equal amount as my Etrade account.

Tried to post this in forums but they wouldn't load for me today, or at least quick enough. Looking forward to the new site

Evan

Not sure if any of you do swing trades, but SWHC is a buy at these levels imo, as I've traded in this upward trend a few times over the last couple of months- today's drop is tempting me to pick some more up. Def. not the supernova plays TIM was built to teach about, but I know from your posts that some of you use a few strategies.

timothysykes_forums

i stop in to see al hell breaking loose--what the hell r u guys doing shorting KYUS? did u not learn from my istake yesterday? did u not watch my dvd? did u not read my comments #8 or #10? yes, by not shorting in the morning, u might miss a big down day like CNEX, but CNEX was still good for a few points in the afternoon AFTER it was a confirmed breakdown.

as for PDO, i'm sorry Barbe, I tried warning you not to sort random strong penny stocks

guys, really gotta stay more disciplined or u'll give short selling a bad name when its really only your fault

Stoquer1

I couldnt help myself and shorted PDO at 11:30 when it bounced back over 16.00 looking good so far. If we see 14.00 again today Ill take it

timothysykes

i stop in to see all hell breaking loose

Evan

Anyone else just get that "your dad just came home and took off his belt after your mom warned you to just 'wait till dad gets home!'" feeling after reading Tim's last post. I know I did- sorry about KYUS Tim- I have shares of PDO reserved- but I promise I'm just watching!

Mark

KYUS negative again. Check it out before it's too late.

YngvaiMalmsteve

You guys can't jump at every little negative movement of a stock. You have to wait until it breaks a key support level. Otherwise you're just chasing trades...which is a sure way to lose money.

bdog9seclx

Tim and everyone else..
I see XRM is on your watchlist it has been having major trouble breaking over 4.50 its been sideways almost all week...I am thinking about taking a short position...any ideas Tim and everyone?

chris

MXC looks like my pant bulge after a night at the strippy. Who is pumping this junkyard stock anyway???

Ryan

SANM is about to breakout, very heavy volume yesterday and today. I am in, maybe it will be my another $3500 maker!
http://stockcharts.com/charts/gallery.html?sanm

Davey

Good eyes bdog, XRM is up off earnings but that chart does look tempting for a short, but I would wait to do it into the close if your going to make a move.

Dan-O

Check out the daily view on PDO, today looks like a potential doji.

Waiting for confirmation, sideways action, etc.

timothysykes

chart patterns are uesless for MXC and PDO they're commodity and now earnings plays...DVD students know this :)

Dan-O

Hey man, I bought the DVD's and you know it.

Dan-O

You are right though, candle patterns have made me very little money.

The only reliable pattern I've seen is the H&S, and that's probably just self fulfilling

dshi

GBR. The company has just sold part of his assets for net cash of about 14.5 million. With only less than 2 million shares on float, this asset conversion will bring in a minimum of $7 per share. However, the current market capital is still less than 10 million. My guts tell me it's going to be wild up at $7-9 range.

Dan-O

What kinda gibberish is that!!

DSHI how much debt, what's the forward earnings... Wait this is penny stocks... Who f'n cares!

Ah, you're probably a GD spambot.

Blithe

Yep, PDO has been crazy. On paper it hurt me, but sooo much fun to watch.

cash

Good call Dan. I mean I would have thought dshi was a CNBC analyst or something.

Dan-O

No way, Anal-Yeasts are 10x more boring.

burky

PCOP - hopefully the start of something here ... if it could only run north of $6 or $7 on Monday.

timothysykes

shorted 3,000 KYUS at $2.58 now that its proven to fade in the afternoon...in a cab back to my apartment, will have more details shortly

YngvaiMalmsteve

I was a little late getting in at $2.45. I f'ed myself because I had shares reserved this morning then canceled the order when KYUS bounced and was showing some strength again. Should've held the reserved shares. Still, this is a nice slow fade and I should make some profit off of it...might be a good short to hold over a day.

Just need to crack that $2.40 support.

timothysykes

guess i only got 2800 of my 3000 executed, just covered them at $2.45, cant risk a friday afternoon/monday morning short squeeze, don't know how more fliers will be going out over the wkeened...made $345, now down like $50 total on it, nice safe play, if it tanks, it tanks

Davey

In 2800 KYUS @ 2.45, I was late as well, wanted a bounce but I'll hold if it remains weak into the close.

timothysykes

otherwise known as a wussy trade, just to be totally honest...those with balls hold over the weekend

YngvaiMalmsteve

C'mon, break that $2.40 support, dammit!

Davey

I'm with you Yngvai, it needs to take out that 2.40 support level. It looks close to losing it though.

Davey

Lol damn just as i write that 2.40 is broken.

jesseb

Homoerotic shit here - my piddly little account is not allowed to short apparently. They want you to have over 2k on TOS now to short stocks...

YngvaiMalmsteve

Hey, jesseb, I think that's an SEC regulation, not a rule specific to TOS.

cash

Tim did you really make $344 in 18 minutes? Damn I can not wait to play this game or trading.

jesseb

Ah, well they were willing to let me do it yesterday....maybe somebody got their balls kicked :P I asked the guy if I could, and he said "sure, what's your account number"...I didn't actually do it, but he SAID I could.

Today different story...I guess that's good to know, I'll have to go long on some shit and build up a bankroll first :P

I should go play some Hold'Em at the casino :P j/k...

timothysykes

who gives a damn about 2.40, 2.38 was support...can u not see that was the day low this morning? getting close to taking out though, not sure if it will today or monday

Davey

Jesseb, check the list in the morning Tim usually puts out some stocks that are breaking out to possibly go long on. Look at what NCOC did yesterday.

RGIlles

Forc is also heading to the craper

jesseb

Davey, yeah that was quite the climb - I also wished I had gotten in on IOMI before they got bought out, and PDO before they went skyrocketing.

I work during the day though, it's hard for me to get involved in any trade unless I have lots of time to devote to watching it.

Or rather, I refuse to get involved in a trade if I can't be right there watching it...

And btw, in the last two minutes a bird flew into the window, knocking itself out or dying or something, and a construction worker drove by on a segway...good times :P

jesseb

Heading to lunch - hope you're all making lots of money ;)

Timmy, respond to my accusation that on Mo Money you were drinking apple cider... :)

timothysykes

congrats on the breadown guys, this is confirmed afternoon lower low, it dont get much more bearish than that. i made $350, but probly left $750 when all is said and done. let me go write my blog posts and whine about it

Chris

KYUS broke 2.38 support

getshorty

TIM

am short cmk.tse (cline mining) since it broke support of $ 1.00 (shorted at 0.97). However, it is back at 1.02. Not sure if holding over the weekend. Looks like a potential waterfall, or can it be a fakeout??

http://bigcharts.marketwatch.com/quickchart/qui...

Long pcq.v

http://bigcharts.marketwatch.com/interchart/int...

Momentum on its side, but I think I'll close it before weekend, may fall off a cliff without warning.

I am going over the dvd for the 19th time and you always say short after the breakdown (CMK), however, not sure when you do that and goes back up a couple of cents....feels dangerous.

Davey

I'm out 2800 KYUS @ 2.37 didn't like the support that just came in. 200ish profit

RGIlles

I got out 1000 @ 2.33

timothysykes

post your dollar profits on KYUS people, i wanna include them in my next post!

getshorty

Congrats to all who have covered kyus, I couldn't since I am blocked from trading US stocks until Wednesday, still trying to make my mind in whether to stay short cmk
http://bigcharts.marketwatch.c.....=0&y=0
Over the weekend....... If that buy orders at 1.01 could just go away......

I guess I'll cover, since allready went to 0.97 and there was no panic, I guess there are not many sell stop orders around 1 .... sucks

Davey

Nice job Rgllles, its spiking a bit now, so we'll see how good our exits are towards the close, so far they don't look too bad.

YngvaiMalmsteve

I'm holding my short over the weekend. Yes, balls of steel

Davey

224 on KYUS, about 204 with fees.

Michael Goode

Mmf. I don't like it when y'all start playing with stocks I've got positions in (KYUS). I don't like the vol, especially when everyone tries to get out right after Tim. I just closed my short position.

RGIlles

Tim went short yesterday 500 shares @ 2.30 (baadd entry) I went through the pain and held overnight. Watched this thing touch 2.74 and after it couldn't break it I shorted another 500 @ 2.70. Averaged up to 2.50. I got out at 2.33 for a profit of 170. Not much but I'll take it

Davey

No one got out right after Tim, in fact we got in where he covered.

Dan-O

PDO weak into the close... pay attention

getshorty

SO I covered 2300 shares of cmk.v at 1.05 for a solid $69 loss, let 300 shares ride for the weekend since it slready broke the $ 1 resistance earlier today.

Guess its part of the game, no way to have anticipated it will not stay down from $1

Lets hope it splits in half over the weekend

Mark

KYUS profit $346 after commissions thanks to TIM and TOS. (Was down more than that. I'm not good at this, but it's working out anyway.)

ryan

AKNS another solar play, crossed 50 and 200 dma with a hugh volume, all solars are up today. This is another round of solar season!

Mark

AUSE breaking out. I went long at $2.09 and I'm holding at least until the treadline is broken.

jesseb

I'm no chart expert, but AUSE has an ugly ass chart...IMO.

Evan

Shorted 1500 KYUS this morning (I know) at 2.62 and covered at 2.45 for a profit of $250

timothysykes

nice, glad u guys are all profiting, just way til our accounts are scaled higher, its a lot more fun saying you made $2,000 or $5,000 in a day, trust meeeee

here's my summary post:

http://www.timothysykes.com/2008/05/16/the-righ...

damn i need a nap!

jesseb

I'm still quite agitated that I can't even short anything until I have 2k :( I know I'm working with a tiny amount of money, but damn...that sucks.

learn how to buy stocks

Thanks for your valuable tips and advices. Its Sure ! That these tips will definitely benefit the new ones...

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Start Here

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)!

Join TIM

TIM Trades

View All

Date	Stock	Buy	Sell	Net
Nov 19	AENY	$2.80	$3.02	$1148
Nov 18	NLST	$4.16	$4.40	$947
Nov 18	IMGG	$1.42	$1.64	$2094
Nov 17	NLST	$5.04	$5.59	$2195
Nov 13	VRMLQ	$21.50	$22.97	$2901
Nov 11	EONC	$2.61	$2.80	$687
Nov 10	EONC	$2.74	$3.36	$9784
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: $98,094 (681%)