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Why Geek Commentary Should Never Be Featured On Any Finance Website

Posted by timothysykes on Wed 4th of Jun, 2008 03:59:54 PM
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You gotta laugh at/love absolutely pointless opinionated articles like THIS from the geek blog AllThingsD, which, in this case, stands for “All Things Drossy”.

Not pointless to all the newbie investors and technology geeks who think this crap actually matters to these companies’ stock prices—for they have little understanding of the brokerage/ANALyst whore-athon that gets pimped out to fund managers just trying to pad their performance figures to collect their annual six and seven-figure salaries without really caring about beating the indexes cuz they know that since their peers are just as scummy as them, they really only have to avoid blowing up cuz mediocrity is not only fine, it’s encouraged in this joke of an industry, trend lag times and investors expectations—just pointless to everyone who understands how difficult assessing these companies without technical analysis really is.

Yup, that’s right, the stock prices of Apple Inc. (AAPL), Dell Inc. (DELL), Microsoft Corporation (MSFT), News Corporation (NWS), Time Warner Inc. (TWX) are influenced by thousands of variables, and the ones discussed in the above article are amazingly close to last. In fact, it’d probly be better to short sell geek articles—geek and dumps!

Sure, I might only be a penny stock day trader, so I’m not the right guy for the job either, but I’ve got a big cynical Jewish nose that can smell BS a mile away. Grow up Yahoo!—and everyone else for that matter—don’t feature geeks so much, you’re giving stock market commentary a bad name.

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  • TomT
    damn. finally i'm able to log in..
  • sonid
    No gains today actually lost about $200. trading too much is my problem. Yesterday was a great day and today not so much !
  • Tony Ellis
    Long 3K NOG @ 11.93 sold @ 13.35 gain 4,260
    Long 2K HKN @ 12.10 sold @12.00 loss 200
    Long 2K QRCP @ 11.50 sold @ 11.40 loss 200
    Total gain 3,860 - $50ish commissions
  • TomT
    Loss $66 with GRO.. account was frozen cuz of the ACAT transfer to TOS.. by the time it was unfrozen... it was down.. totally miss the AM HI.. hard to watch a $188 profit to a $66 loss. .. oh well.. another day
  • sonid
    Nice day for Tony! good job cutting your losses man. If you don't mind me asking what size account you trading now?
  • damn look at ton ellis go...how did u do moates? rogers? anybody else?
  • sonid
    I had held ROYL overnight and then by the time I awoke I gave back 78 bucks in gains.

    Loss on the OMNI trade cause I got too greedy. 30 bucks and down about 90 bucks on my SINO trade. Got in it for a bounce but no such luck.
  • brent
    how is it that a broker will have short shares of a stock that has a volume of 130k and none for one that has volume of 4.7 million?
  • codyhof
    Short GRO at 7.24. Covered at 6.59.
    200$ profit on my small account.


    Re-shorted at 6.83 holding overnight.
  • JeffMoates
    From yesterday...
    bought 500 NOG @ 12.30
    bought 500 QRCP @ 11.61
    (Thanks Tony Ellis)

    From Today
    Sold 500 NOG @ 12.7601 For $230.05 Gain
    Sold 500 QRCP @ 11.45 For $80 Loss

    Short 3000 GRO @ 7.67 Average
    Covered 3000 GRO @ 7.50 For $510 Gain

    Short 2000 GRO @ 7.22
    Covered 2000 GRO @ 6.77 For $900 Gain

    Short 1000 SQNM @ 9.2901 (Holding Overnight)

    Gross $1560.05
    Commissions: ($99.90)
    Net: $1460.15 (5.7% daily return on working capital)
  • nice moates, see how much more fun it is to short into weakness no ACOR!) and not so sure about SQNM
  • JeffMoates
    That's why its only 1000 shares. I agreed with whoever posted the info about SQNM that the PR about their drug confirmation is meek at best. I entered this trade fully expecting to hold for 3-4 days. I hope it peters $0.25/day. That's a good goal.
  • JeffMoates
    No more ACOR's...promise.
  • GT4NE1
    I've got more reading to do. I rode the GRO train all day. Rookie mistake. I got up at 6:00PDT this morning so I could watch GRO spike, but then I didn't cash in.

    Still in for GRO and long on SINO as well. Down $32 on my small account.
  • Davey
    Short 760 GRO @ 7.30 Cover 6.86...320ish after commissions.
  • Tony Ellis
    Tim, I'm up a little over 50K for the year after today. Started with 85K. 59%
  • Congrats Tony!
  • Sani
    Congrats Tony! Hope one day i become a trader like you.
  • getshorty
    Impressive Tony, hope I can join you at the over 25k club soon.

    What the hek is going on with HEK? Just superpump... I mean... Superman or is it something else out there, don;t wan't to do the stupid mistake I did yesterday of shorting ACOR on test result. If nothing shows up will shor HEK on first down day.

    today made $200 on gro,
    lost $ 100 on cred (short at 16.50 and covered at 17.50)
    made $ 50 on ACOR (plain luck, stupid move)
    made $ 500 in canadian $ (dropping along with oil)
    Still short 200 shares in cred, 200 on fpp and 300 nti
    with oil not going anywhere but down and getting all the headings about enough supply and dropping demand (both us and foreign as asia drops subsidies on gas) Pumpers are running out of gas.

    Good day after all.

    Tony, I gotta learn to focus on the long side as well so I can meet you faster over $ 50.
  • TomT
    riding WNR short over night. hope it dip under 13.50..
  • Mike_13th
    Mike_13th

    June 3rd, 2008 at 10:22 pm

    "Tim SOLI was a pump,I know that it was and tried shorting it all day but couldn
  • Here is some new TAYD information:

    http://super-trades.blogspot.com/2008/06/tayd-d...


    Good Luck to all
  • Tony Ellis
  • Mike_13th
    Tony that is great and the comment along with it:

    "I see an inverted ford pinto formation in there as well. Best not to fade..."
  • codyhof
    I burst out laughing in class...thanks for that Tony
  • Mike_13th
    TIMMAY HITS NEW HIGHS!!!

    http://tiny.cc/cAJEz
  • Mike_13th
    Posted this last night too:

    Mike_13th

    June 3rd, 2008 at 10:22 pm

    Looking at PTEK BIOF ( heard it was a pump,not sure )tomorrow for red also to short/green go long.
    xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

    PTEK was so fine.
    Opened at $4, hit hod of 6.30
    Anyone following along or just trading the ROYL's and GRO's, there's a bunch of stocks to make money on either long or short.
    Do your homework you can find 'em if you know what to look for and practice at it.
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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%)