Why I Bought Probable Fraud Hydrogen Hybrid Tech Inc (HYHY) & Think Its Headed Higher
Posted by timothysykes on Tue 17th of Jun, 2008 08:30:21 PM
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Out of all the low priced stocks breaking out in all the world—and there were several BMB Munai Inc. (KAZ), Fieldpoint Petroleum Corporation (FPP), Capstone Turbine Corporation (CPST) and Beacon Power Corp. (BCON)—why oh why would I ignore all those real companies and buy 2,500 shares at $2.26 of this now $275 million probable fraud HYHY right before the market close? And then decide to write truthfully about it even as I hold shares overnight! (Suck on that people who say I pump or bash for my own interests)
Especially when we know this “company” had $68,000 in revenue last quarter—okay, okay, I’ll give it to them, they were profitable, but only because their expenses amounted to $9,000!!!!! Especially when they put out utter fantasies like THIS press release touting their technology which is “an add-on to diesel and gasoline engines where it significantly reduces a wide variety of emissions (CO, PM, HC, CO2 and NOx) while simultaneously reducing fuel consumption”
Especially when their magic box looks like a high school science project:
Wow, reduces emissions AND fuel consumption—it’s a miracle technology! Where has it been all my life? This stock is sure to rise 500% once people discover how incredible an opportunity this is! Oh wait, that’s not reality, that’s just what it says on one of the many promotional mailers for which Green First Capital paid $3.8 million to be sent out over the past few days.
I mean the people running this thing aren’t even literate—look at the summary they used for that joke of a PR “At present, unprecedented high diesel fuel and petrol prices are forecasted in Lithuania”
Uhh guys, that’s not a summary, that’s just a non-essential line.
Wait a minute, I thought I was long this stock, why am I ripping on it? Oh but I am long—for all the reasons that this company is a complete joke—kinda like Doubledown Media being a viable company or KYUS not knowing they were a scam—that’s what makes it such a good buy. Because it doesn’t have to worry about being an actual business, its business is hyping its technology/spamming to get its stock price up! Hell, they didn’t invent some hydrogen powered crap, they’re just the latest to use that good old market environmentally safe fuel: spammmmmmm! It even reduces intelligence too!
I’m glad KYUS happened because you guys know that was also a $4 million mailer and like HYHY, it began its run around 50 cents too…so if the pattern plays out the same, which it never does, HYHY has a good chance at hitting $4.5, making my $2.26 buy look rather attractive. (Notice the similar 2 brief consolidation days…KYUS then had 3 big white bars…HYHY has only had one…so far) Since this one’s already used up some of its spam buying power, I’ll be conservative and say $3-$3.50…LAUD-style…but that could take days/weeks and you know I’ll be out tomorrow or the next day.
Why do you know that? Cuz despite all these reasons, I have no idea when the spam will stop…when it does, it’s like musical chairs and the last one to get their sell order in loses 50%. Although lately—as proven by fellow spammers FORC, FOUR and HYBR—these spam plays just keep going.
But that’s more long-term, I bought in specifically right before the market close (sending out an alert to TIMalert subscribers at 3:55pm EST) because it was closing strong on strong volume, breaking out to new highs, but only by 20 cents…so far, people are getting mailers left and right—inevitably checking to see if the price is surging, after discovering it’s doing exactly what the mailer said it would inevitably getting excited enough to put in pre-market buy orders, creating an all too predictable gap up, maybe 10-20 cents/share…just as its done the past 2 big volume days…made more reliable by the fact that it’s coming off 2 days of consolidation, sucking in shorts without the capital to add in at higher prices and potentially signifying that great final vertical run that most of these spammers exert right before the big plunge (and lately just briefly)
And that kids, is why I prefer playing frauds and probable frauds—usually from the short side, as I inevitably will on this one when its hydrogen-powered runup (hehehe)–because it’s all very supply and demand/logic & pattern recognition-based aka predictable. Even I’m wrong, naïve spam receivers/stock buyers/non-blog readers, squeezed shorts, my hair-trigger finger and small position size should protect me from anything more than a few cent loss meaning the risk-reward is solid.
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- Why I Shorted Probable Fraud Hydrogen Hybrid Tech Inc (HYHY) & Think Its Headed Lower | TIM - Timothy Sykes
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TIM Trades
View All| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| July 2 | KIRK | $10.60 | $11.53 | $1377 |
| June 30 | ISRL | $107.97 | $118 | $985 |
| June 24 | LZB | $4.53 | $4.81 | $1240 |
| June 17 | GWSC | $1.86 | $2.76 | $2679 |
| June 15 | SHZ | $1.66 | $1.83 | $280 |
| June 15 | SPNG | $0.11 | $0.18 | $630 |
| June 12 | JAZZ | $2.84 | $3.26 | $380 |
| June 12 | MAPP | $9.68 | $10.07 | $565 |
| June 8 | HEB | $3.00 | $4.18 | $334 |
| June 3 | GROW | $8.64 | $8.96 | $740 |
| June 3 | SYMX | $1.21 | $1.11 | $940 |
| June 1 | USCN | $0.55 | $0.86 | $260 |
Total: $65,674 (421%)
I wanted to buy so bad…decided to hold FPP overnight instead. Let’s see who can get the bigger gap open.
Makes perfect sence. U evil mastermind!! Hah nice research. I actually put in an order on “paper” money right at 4:01PM. The Bastages. O well its fake money.
nice article, and I think we’ll see at least two big up days before the fall. But who knows
Sykes went long ??????????????????????
yes superman, every now and then i do, no good shorts today
depends on you definition of good short, TPID on the combo scan down 27.86%… lol
open: 1.36
close: 1.01
1- if you ask whether I shorted it, no, b/c I can’t short these pennies… that’s why I need to move to IB.
2- I should be earning TIMBUCKS for these smackdowns, but you never fixed my password.
bizcboy13: banned for life
Johnny, Wat broker are u with?
NCEN: -9.87%
DSL: -9.22% <<< called by me in chat
Scottrade… I’ve heard TOS is good, but IB is the best… when you move your money you lose at least 2 days… I only want to do it one more time
Anyone ever read the MarketKid thread? I think that individual is full of beans w/ the FAKE trades put together. Seems like 5 or so stocks are picked as possible plays, then at the end of the day, a review is posted buy or short sell of the biggest gainer for the day. Give me a break… FRAUD?
IB i think u need $10k if your over 21yrs old. But i hear they are the best also. What you can do if u have enought money is open IB and fund that but you will have to wait for all the paper work to clear and gay stuff. But keep trading thru scottrade in the mean time.
Tim - it very well may hit $4 the circulation is twice that of KYUS, nearly double the cost and should probably be done before the July 4th slow down…. so we’ll see as I had mentioned in my first post I’m sure all the KYUS fans will be buying this one soon enough, especially if you have an account at speedtrader or any of the affiliates since I always get the mailer early… something tells me they send their customers some mail lol
I will have more scans tonight - http://www.investorslive.com/blog
They are still in control it seemed as far as the trading today so I wouldn’t be surprised to see them test it and dip it at times during the day… and freak all the longs out
Ahhh, so just follow MARL. Buy when he FIRST announces a stock. Then sell a few 10-20 cents later. Maybe im on the right track??
Smoke did you see my post about MARL the POS lol
Haha yeah i read that post. Marl is a POS. But hey its not how u get the money that matters(legally). If Marl can raise the prices just by mentioning stocks as shown in the graphs u have posted. Then buy RIGHT when u get the Marl(POS) notice and sell off when it raises. I’m still somewat new to the PennyStocking so if i’m wrong…correct me so i can learn.
Anyone watching the finals?
James Posey making Kobe look like a child.
Short the POS Lakers!!!
Series is done.
I agree with you, but you are really ahead of the game if you already know what you posted, too many people buy the koolaid and just keep adding and adding until they have no money…
theres nothing wrong with playing the initial move but the second it does something opposite to what you expect, get the f*ck out
Watching the finals as well, Go Celts!
Wait do I smell another Penny Stocking contest if you guess the final score and winner by the end of the 3rd quarter?
Makes sence Invest. So u think FMD is a good buy in the morning?
I would play it on a $4.50 break, I was looking for it to hold that as support for continuation
Ones you folks are talking about,here’s 2 from my Sunday night comments:
“HYHY- the highest dayranger last week on over a buck stocks,been a pump.now broke $2 to the downside.short biased but on green over 2 might have a good up run there.”
Did run nice over 2,caught and SOLD ( sorry Tim )eod.
“PGOG- a mention by Beacon research,that ain
(Jun 17-11:00) johnnyvento: FPP moving fast people
(Jun 17-11:06) 13th_FLOOR: wow vol is FPP
(Jun 17-11:30) timothysykes: i could give a crap about FPP and all the stocks being mentioned–i’m not a scalper, i’m a pennystocker!
(Jun 17-14:09) tommy: FPP close to HOD again
open: 5.34
close: 6.26
+ 17.23%
please let 13th teach you the longs, he is the best
HYHY red Wed Jun 18, Tim sorry he’s long
If the 3.8m spent on spam doesn’t do the trick, this post will. I’m buying.
Where are you guys able to find out how much a company spent on a spam mailing?
Will, by law they have to mention what compensation they received, so it typically says it right on the mailing.
PKD - With offshore drilling being considered the drilling companies will be in-play. Watch for a move up in PKD
Thanks, I wasn’t sure if there was a website that had a bunch of them listed.
looks like hyhy is all set for a gap up on open today! i gotta get in on those Tim alerts!
Funny you mention HYBR.. I just got a fax spammer from them this morning .lol..
damn.. it was to late to get in on HYHY last night.. was looking looking but didn’t pull the trigger..
TIM- what all information is on your TIMalert.. you should send all you current user a email sample. and is it just email.. you might need to add text alert.. quicker then email these days.
HYHY most likely goes for a few days, volume indicates that it came out monday with the end of day consistent volume with continuation volume during the day yesterday. Look to short going red on new day low, quick to cover if wrong. I don’t think it will be for a few days, unless this is round two of the mailer which it looks like it could be but volume bars indicate more distribution to fellow hypsters than accumulation.
keep pumpin’ superman!
Hey Tim have you checked out www.boardcentral.com yet they have hyhy as the second most manually hyped stock of today ( http://www.boardcentral.com/stocks/stocktalk )
morning watchlist:
http://www.timothysykes.com/ti.....-long-too/
congrats to all those who bought in early & held longer than i did, somebody who has the patience of kate moss waiting for her drug dealer
http://www.timothysykes.com/ti...../06/18/in-PennyStocking-tim-you-must-trust-receive-6-overnight-interest-at-the-bare-minimum-15-25-if-you%e2%80%99re-not-jewish/
Did you sell it blindly based on the news from fool over night or did you see something that made you jump in the charts.
fool didnt help, but i didnt like that it couldnt take out 2.38 early and all the bids except 1 disappeared…classic MM game to shake out weak hands…key is that when u see these perfect pattern develop, u just hold for 1-2 days…i can and will, but not until i have 25k+ cuz holding longer opens up to possibility of big dumps
Dont do it!!
Well, let’s see, this beaut is sittin at 3¢ (that’s 3 cents) a share currently. Thank goodness I threw that propaganda junk mail out when I got it…The direct mailer wanted me to buy in NOW because it’s going to yield me 10s of thousands of dollars. This was late 07, or early last year. Geeeeez.