Breaking News Rumor: Trader Monthly / Doubledown Media Flat Broke, Forced To Turn Off Air Conditioning
Posted by timothysykes on Fri 27th of Jun, 2008 11:17:08 AM
Tags:
Sponsor Offer:
Wow, the immature prick that I am, I’ve dreamed of this day ever since their sick twisted son of a bitch editor-in-thief Randall “The ideal reader is 29 years old, making $400,000 a year, and spending all of it.” Lane’s smear campaign of me waaaay back in early 2007, but now it looks to finally be coming true. Rumors are flying that after losing an arbitration case with Private Air (who after “buying” their magazine, they allegedly stiffed), now they are flat broke and have turned off the air conditioning in their midtown Manhattan offices!
Karma’s a bitch, huh Randy?
It gets worse, apparently the Refco carcass is also demanding the money Doubledown owes them!
Doubledown never became a publicly-traded stock, but based on their many sins of the past, media manipulation, enemies they made along the way, lawsuits, etc.–well, they’re a prime example of how corrupt and incompetent most tiny companies are.
Randy, FYI, next time you might as well do a pump and dump BEFORE your business fails, the key to this game my friend is capital…and you ain’t got none.
Now you can Twitter any questions/comments to TIMhelp and obviously you can follow TIM on twitter too!
Related Reading
44 Responses
Other Websites Referencing This Post
Leave a Reply
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
No air conditioning huh… If revenge is a dish best served cold it would appear karma is a dish best served hot…
BPG break out on high volume .48. If it retest day highs I’ll be interested.
funniest damn blog post ever
Randall couldn’t handle the pump
I gotta say I love this shit, man! Just printing dollars all over!
Wish i was lucky… Guess i don’t get it. Went long on ABAT breakout only to get spooked out for a loss of $130 and now it looks as though it may be going on up… I don’t know. seems i go 1 step forward and 3 back… read the book watch the video… what am i missing?
boy am i P^&(^ed look at ABAT go now that i am out
ABAT going to be a double top failure ???????????????????????
Brent you read the book and watched the DVD? That’s pretty good but you’ve also got to have some experience seeing these things move since the chart patterns don’t always stay the same or do the same things. As Tim says time and time again, “patterns evolve”
Wow….KHB is moving- WTF is going on???
Brent what price did you buy ABAT at?
okay where do we go for the weekly video at 1pm
old saying still hold true…wat goes around comes around….
5.99 out at 5.70 thought it was breaking above 6.
1st thing this a.m.
earnings today- not quite as bad as expected. temporary glitch IMO
dude, brent, ABAT ain’t even breaking its high of $6.05, so just like you said its showing an intraday double top, looks very scarrry for longs here i’d say. i can’t do jack since my account is frozen but in my opinion ABAT looks like a good intraday scalp of around 20-25 cents, which is not bad of a gain if you can afford 1000 shares
i am on my last bullet if i use until next Thursday. Sure would like to make it count for something…
Reason I ask is never buy a stock on the first attempt at a resistance break. For the most part stocks take several attempts to break resistance and likewise with a break down of support. Going back to last year 6 looks like resistance so I would have held off on a first attempt. Look at two big caps MGM and LVS as recent examples of support.
MGM hit 40 support a few times. I would never short MGM on the first attempt at 40. Believe it or not it’s good to buy a stock that hits support as many times you get a nice spike. Eventually after 2 more attempts the stock tanked. I’d put in a short sell in this case at 39.90. A dime below support to make sure it’s not a fake read.
Look at LVS from yesterday to today at 50. Similar pattern to MGM. Nothing works 100% in the market but the majority of times if you study charts this is my take on them.
thx rambone, and as we speak ABAT is coming off its 1st intraday attempt. Good obserationg Ben
obserationg = observation
Rambone: interesting charts indeed. and CNBC just talked about how Las Vegas is seeing lowest discounts since 9/11.
bot 500 GSS @ $2.88
Take a look at COIN. Jun 12 held the 6 month support line of 6. Bounced to 7.70 2 weeks later. Yesterday and today finally broke that mark touching 5.55 twice. Currently at 6. It can’t break resistance which was support. This stock is going to touch 5 within a week or two. This is the type of stock you could have a multi day hold on. Problem here is volume sucks and the stock is no longer in play. Money can still be made just takes longer.
the future is golden
“No air conditioning huh
how do i get to the Tim live program?
waiting for HYGS to test 52 wk high
I don’t know if anyone else has this problem, but I’m always having issues with Mogulus when streaming live. Could be because I’m going through a proxy…I dunno.
And the chat won’t work to save mine OR Tim’s lives :(
Nice breakout on ABAT, in 500 @ $6.09.
is that a break out on ABAT? low volume though?
Since when is 2.5 million low volume? Take a look at the daily chart on ABAT.
shows u how much i know…
look at it go. good job adamn
bought 1000 cneh 4.64
bought CNEH 4.60 TIMalert, TIMalert and a new post:
http://www.timothysykes.com/ti.....-demand-2/
bought 1000 hygs @1.44
Brent,
Good work spotting the trend. Just work on entry and exits. Look at BPG I mentioned this earlier. Broke resistance then came right back. I bought it as it hit high of the day on the second attempt. Same pattern as ABAT today. They usually take out resistance after several attempts. High of the day on second attempt is a good buy indicator. Yesterday I bought URRE before the break assuming at 3.98 it would take resitance. I lost $.10 a share on that one. Didn’t even follow my own rules. Stick to those basic rules. You won’t bat 100% but they will limit bad entries.
GL
i see what you mean on BPG and ABAT for that matter. Sure am trying to break my losing streak. With some help here, maybe i will… Thanks.
ABAT: looks like quite a bit of congestion here back in Nov. 07. I guess if oil keeps doing what it is doing then ABAT will challenge the 9.66 high in Oct. 07
Brent, Have you been in Green on the Screen chat room?
I ask because 13th Floor ( moderator ) has stressed even, whole, numbers, like 6, are areas to be careful of. ( Hard to break thru, up or down.) Many, set stops, exits,taking profits….in these areas. Many of 13th’s picks are even based on this theory. Hope this helps a bit.
Anyone looking to Short BPG for monday and Tue? I am.
BPG is a breakout. I don’t know why you would short a breakout….good chance of getting squeezed.
Keep us posted on this POS. He sounds like he is a real ass.