How I Predicted a 15% Stock Spike, Screwed It Up A Bit & Made TIMalert Subscribers $10,000+
Posted by timothysykes on Tue 1st of Jul, 2008 12:53:52 PMWhen I sent out a buy alert on CNEH to TIMalert subscribers at 3:30PM last Friday—after personally buying 1,500 shares at $4.60—I told everyone “I fully expect $5+” because as I wrote in THIS post over the weekend, it really was the most perfect setup, technically and fundamentally, I’ve seen this year. No matter that TMK labeled me a pumper (and then changed his blog post later once I was proven right, LOL kids…especially those who are too afraid to show their trades openly on Covestor…yeah I said it) and several people questioned whether the company was paying me for such a glowing review, I called it like I saw it (just like I always do) and as the stock gapped higher and spiked Monday morning all the way to $5.40ish before 11AM—that’s a 17% gain for you kids keeping track at home—I felt pride mixed in with some regret.
The regret was due to me being a lil bitch—even more than TMK—for having sold within minutes of the market open, at $4.88 for a predictable $400 profit, not because the stock was showing any signs of weakness (that didn’t happen until $4.99), but because I was so determined to close out the month/quarter over $20,000, which I did, now at $20,272, up 14% for June, 17% on the quarter and 63% since November 2007 (how you like me now you sissy value investors?)
What can I say; petty human milestones mixed in with me not being comfortable buying/holding breakouts. Did the same thing with previous perfect TIMalert pick TGC, sold it for a quick 5% gain, stock went up another 20% the next morning! Everyone knows I much prefer shorting…
The good news is, as I’m gonna repeat time and again, my shortcomings mean little to your trading. Since I’m honest about them, you know that if I exit a stock, it’s me playing it safe, being a wus, whatever—it’s worst-case/safe way to play it scenario so adjust to suit your personality. Infinitely more importantly, this proves yet again I know how to spot these big movers so I’ll just continue picking ‘em and you guys take it from there.
Oh yeah, the pride part, here’s a list of all this pick’s winners:
Mitil: CNEH…bought at 4.98 sold at 5.40 made about $630…thanks tim
BJPN has made about $800
Dave Roberts made a quick $200 before going to work!
PCola is now 2 for 2 going in with me on TIMalerts ($ amount?)
Lmsmith made $300
Dude75 made $250ish
Wes even made $50 on 100 shares!
GT4 made at least 60 cents/share ($ amount?)
GetShorty made $150
Adam made $450, and $785 in June! Jew yahhhhhhhhhh
and last but certainly not least Mike banked $2,500 on CNEH
All told $7,300 in gains posted by people, several thousand more emailed to me—putting the profit figure over $10,000—and probly much more from people who don’t want me to know how much my picks have made them! Any way you slice it, ‘twas a good pick for all involved.
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TIM Trades
View All| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| 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: $92,304 (644%)

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