My Latest AOL Article: As Brocccoli Is To Your Health, Short Selling Is To Your Wealth
Posted by timothysykes on Mon 23rd of Jun, 2008 11:16:16 AM
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With the overall markets crumbling, the Dow trying desperately to keep from breaking its 2008 lows, I’m getting more and more emails from people getting all worked up trying to find a good stock in which to park their money. Considering I’m an opportunistic short seller who chastises investors for naively thinking they’re smart/lucky enough to pick one or more of the 50% of stocks that move higher each year (yup, 50% drop each and every year, your odds suck you friggin addicts), you regular readers know how amusing this is to me.
Nonetheless, the lesson in my latest AOL article is a basic one, but an important one–in this market environment, you must learn to short sell if you want to profit.
It’s not unpatriotic, it’s not complicated, it’s just the opposite of buying and for some dark reason, it’s my specialty. Whether you want to short broken charts like Apple Inc. (Nasdaq: AAPL) or bloated oil-breakouts-turned-Cramer-pumps like Oilsands Quest Inc. (AMEX: BQI), it’s up to you.
I don’t recommend shorting either of those tow, you guys know what I like shorting, pure pump and dumps that have risen exponentially, and right now besides HYHY–which still might have further to go–nothing looks particularly mouth watering.
So I wait…fully liquid and proud of my mistake-filled-yet-now-near-60%-over-the
-past-few-months-return, indifferent to a market meltdown, bounce, correction, whatever…
Now you can Twitter any questions/comments to TIMhelp and obviously you can follow TIM on twitter too!
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TIM Alerts
View All| Date | Stock | Position | Ideal Exit | % Gain |
|---|---|---|---|---|
| Nov 24 | KVHI | Short | $3.70 | 18% |
| Nov 20 | STSX | Short | $3.10 | 11% |
| Nov 18 | PERY | Short | $3.75 | 25% |
| Nov 11 | IIJI | Short | $2.80 | 5% |
| Nov 6 | CVI | Short | $4 | 15% |
| Nov 5 | MECA | Short | $1.95 | 51% |
| Nov 4 | CVI | Short | $4.81 | 4% |
| Nov 3 | NAK | Short | $3.20 | 5% |
| Oct 29 | EVC | Short | $2 | 26% |
| Oct 28 | HSNI | Short | $6.80 | 7% |
| Oct 28 | HSNI | Short | $5.75 | 4% |
November: 9 alerts, 15% avg gain
October: 11 alerts, 14% avg gain
oops- shoulda refreshed- thoughts on TGC anyone? halfway to liking it for a run up.
TAMO broke that 3.1 resistance, now let’s see a nice close and then hopefully a breakout run.
Great read…
r the comments not working for anybody else too? uhhhhh bugs bugs bugs
wooo hooo finally went through
does anyone make a car sticker of calvin peeing on the SEC?
testing
anyone home today
here you go sykes (yes, actually a kind gesture from me!)…this is the stuff you are really looking for and it is one of the better gauges for heavy spammed stocks (if you haven’t seen it before)…enjoy:
http://spamnation.info/stocks/
Beautiful head and shoulders just completed on HYHY. Time to short Tim?
interesting link. could become useful if you don’t get stock spams of your own. None of the sites on the top list made my watchlist or any that I have seen on here.
Hey guys, i need a stock thats going to double. Does anyone have the stock??
My victims show red for over 5 days. Ha, Ha! Cover? Never!
yeaboy, probably the wrong site to come to for asking which stocks are doubling.
sdth is tanking