Trust No One But Respect The Action: 3 Oil Breakouts & 4 Breakdowns

Posted by timothysykes on Wed 2nd of Jul, 2008 01:27:56 PM

Ahh you gotta love it when new players enter and old ones retire—traders AND stocks. The key is being able to take what you can from each and then move onto the new hotness…

With that thinking, I loved CNEH—it was a weekend affair—but its proving itself to be too slow to continue to interest me (that’s right, I have commitment issues, I said it), CHQ and GST have been trying awfully hard, but their volume just plain sucks. Traders are fickle, we gotta have big moves and big volume…

So check out the 7 charts below, 3 of them are the new hot plays—great for buying with stops (something I can’t talk about cuz I’ve never done it well), Short Selling the fades (just did it nicely on TGC and HYGS as TIMalert subscribers know, up an ill-timed $350 on the day) and 4 others are now proving themselves to be dinosaurs, showing—especially today, now those are some friggin gradual breakdowns—traders don’t believe in them anymore, their exponential gains soon to become obsolete (good for longer term Short Selling , I don’t have the capital/patience)

Tengasco, Inc. (TGC)

oil-breakout-1 Trust No One But Respect The Action: 3 Oil Breakouts & 4 Breakdowns

Cubic Energy, Inc. (QBIK)

oil-breakout Trust No One But Respect The Action: 3 Oil Breakouts & 4 Breakdowns

Hydrogenics Corporation (USA) (HYGS)

oil-breakout-2 Trust No One But Respect The Action: 3 Oil Breakouts & 4 Breakdowns

Fieldpoint Petroleum Corporation (FPP)

oil-breakdown-1 Trust No One But Respect The Action: 3 Oil Breakouts & 4 Breakdowns

Pyramid Oil Company (PDO)

oil-breakdown-2 Trust No One But Respect The Action: 3 Oil Breakouts & 4 Breakdowns

Mexco Energy Corporation (MXC)

oil-breakdown-3 Trust No One But Respect The Action: 3 Oil Breakouts & 4 Breakdowns

Royale Energy, Inc. (ROYL)

oil-breakdown-4 Trust No One But Respect The Action: 3 Oil Breakouts & 4 Breakdowns

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Now you can Twitter any questions/comments to TIMhelp and obviously you can follow TIM on twitter too!

101 Responses

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  1. CNEH falling apart go baby go, btw DAS Trader had a great short

  2. LDK Played this one many times. It can burn you or reward you depending on how you play it. At 32.75 it’s good to go. I wouldn’t doubt a close of 35 as it takes back support. Solars have been sold off hard since Monday. I fully expect a bounce in the names as most are up nicely from day lows.

  3. I missed TGC going up– But I caught it coming down :) Sucky short enty thanks to slow Tos- but caught it at $3.65- unleashed 200k shares about 3 mins ago @ 3.14 ~~~> $1000 after comm— Will be a happy 4th after all–

  4. 200k shares I wish- I meant 2k

  5. Shorted 1000 shares at 3.40 covered at 3.22 for a decent $180 profit. Kids, don’t try this at home, the risk reward was not the best but had a tight stop just in case.

  6. Previous post was about tgc

  7. Rode TGC on the long side over the past week from 1.78 to 1.94 and from 2.13 to 3.46 for about $2000 profit. Thanks TIM for making my dreams come true.

  8. Looks like tgc is working out nice for everybody, also made $350 yesterday on the long side. Looks like momentum is fading now.

  9. Tim, I have a question…are these the only positions that you are taking, or are you also trading through other accounts? Word is that you are front running, and that the SEC is investigating…too much publicity could be a bad thing…

    I am not bashing, and good luck, but you need to be honest.

    TIMfan

  10. 10

    Looks like forming down-sloping triangle on the 1 min graph, lower lows, may be coming down big pretty soon, re-shorting 500 with tight stop

  11. EVSO = next LBAS ??!!

  12. UCBH shorted at 2.80 :) it’s workingo ut..ohh yeah

  13. UCBH shorted at 2.80 :) it’s workingo ut..ohh yeah

  14. TIMfan, my trades listed are the ONLY trades i’m doing, let the SEC investigate, i welcome it, everything i do is for entertainment purposes only, i disclose all my positions, i dont trade against my picks, i have only 1 account (i have no time with all the emails/blogging/publishing deals i’m workin on), i’m not seeing ANYBODY lose $ on my picks (not that i’d be responsible anyway)…really my biz model is total transparency, confuses quite a lot of people cuz there’s much more $ to be made through lying and cheating, but besides it being the right way to conduct business, i think it will also be bigger long term

    so Osama bin SEC is welcome at my doorstep at any time (not that i’ve EVER received any complaints, emails, phone calls, nada), i’d love the chance to chat with them and set them straight with a lot of their screwed up rules…and i’d def. videocast the entire meeting, ideally with live chat, so u guys could ask questions too!

  15. so why did you block my IP address then you worthless fuck?

    I will personally file a report - you are acting as a licensed adviser when you sell alerts - the SEC will love that…

  16. LOL, maybe u were spamming, who knows, i answer all questions openly… the alerts are FOR ENTERTAINMENT PURPOSES ONLY AND NOT RECOMMENDATIONS TO INVEST IN OR TRADE ANY SECURITY just as every disclaimer on my site, in my emails, everywhere says…go ahead and report me, i got nothing to hide and haters to embarrass…fun times!

  17. haha so much for being a fan, typical two faced finance liar, at least have the balls to use an alias like “TIMhater” “gonnagetTIMintrouble”…u lil bitch

  18. Another question - why trade on your alerts? If how you make money is by selling education, then why do you trade on the pumps?

    It is obvious why you know when to short - it is the pumps that you and Lebed-like losers pump, and then you sell then to the losers on here.

    I can not believe that in this day and age ANYONE can not see through the smoke and mirrors. I guess there is nothing new on Wall Street - suckers will remain suckers.

  19. 19

    This fight is getting good, give me a SEC so I can get some popcorn seat back and watch, my money on Tim.

  20. Tim, I may be wrong, but I don’t think this guy is actually a fan at all.

  21. UCBH out 2.67– lunch money

  22. TIMfan, what stocks do i pump? the vast majority of my articles/posts and picks are all short sells!

    haters: please learn to read/do research before u come on here, it’s really not fair…like fighting midgets….mental midgets

  23. Yeah, you are only good at running your big chopper filled mouth on message boards…You are so dumb that you did not even read the laws about selling alerts - only licensed advisers can sell stock alerts, and especially pump alerts like yours, which include a price target.

    Aright, enough of my fan stuff here - I am sincerely hoping that dummies here see through the smoke, and ask for full refund of whatever tehy have purchased…props to you for selling to major names, but I am sure that any blogger can contact Thinkorswim, who is also being investigated by teh SEC for promising riches to stupid options traders,, just like you are with penny stocks, and I am sure they will be fine with me placing a banner to receive $10 per month for it…

    Good luck with selling snake oil and youth serum to teh lazy ass rednecks on here - in a way tehy deserve to be taken, and they deserve to suffer losses greater than the one you suffered…Darwinism at its best…

    TIMfan

  24. man oh man; honesty! What a concept. THE SEC
    CAN’T HANDLE THE TRUTH ! ! ! Apparantly TIMFan
    can’t either…

  25. No more long stock positions for me. Current position is CALLS in the USO. I’m expecting 150 oil by end of week.

    Market is tumbling in anticipation of tomorrow.

    Short anything you want. You’ll see nothing but red tomorrow. Jumped the gun and shorted DRYS and CMG before their support breaks. MEE and JRCC bounced 2.50 off their support numbers then dipped under for the second time so it looks like support breaks for both. No longer good bottom feeds but rather short sells. IPI and POT two others I’m in the short side.

    CROX continues to make new 52 week lows daily. This one is an ATM for $.20 scalps.

    GL with your trades

  26. 26

    LOL. TIMfan is a true crack-up.

  27. Oh, wait, there is no refund in your refund policy…my bad.

  28. haha i’m selling pieces of entertainment/information/my opinion, people can use them anyway they want…i am not a registered advisor and say that at the bottom of each email…and of course when i go into a stock, i have a target in mind, CNEH it was above $5 (perfectly called), HYGS was under $2 (another perfect strike)

    bring it u lil mental midget, i eat haters for breakfast and then fart u out

  29. TimFan, honestly, if Tim is making money and others are making money on his picks, where is the problem? He’s not acting like Shakerzz, lebed, the old stockster, etc, who talk about how much money they’re making while 90% of the people following them get destroyed. By definition he is front-loading because he buys then posts, but so does everyone else. It would be kind of stupid to say, “Okay, everyone get in at a better price than me, then I’ll buy!”

    I’m just wondering what Tim is doing that you find so objectionable.

  30. and anyone can ask for a refund, 1 TIMalert guy did, i gave it to him…2 DVDs…thats right only 2 DVDs have ever been returned, again both refunded (and DVD does have a return policy)

  31. and actually Pcola, i tip my hand in the morning post, “5 stocks i might short sell soon”, ended up shorting 2 of them…not very tough to determine when i’m gonna short either, some people are just lazy so they need email alerts

    this guy is def. randall lane coked out of his mind

  32. Yep, just like Thinkorswim was selling option trading strategies, and are now being investigated for lying to option trades when promising them riches.

    I love the nice poster that you have with the big check - that is a little smoking gut in their case of “promising thousands and thousands” of dollars to whoever signs up for TIMalerts…

    Again, you have no idea what sort of mess you are into. If you have a website counter/tracer, which I am sure you do, check to see is the SEC is visiting your site on a daily basis.

    The rednecks on here will be left holding the bag, and signing up with Lebed - lol.

    FAN

  33. in keeping with this sites credo. ‘pennystocking’, did i coin (pun intended) that phrase, NOT, COIN below 6 and looking like it wants to go further. TIMFan IN MY OPINION ! ! ! !

  34. By the way, I am just an experienced trader who knows how pumps work - another part that you are missing is the affiliations - non-disclosure of affiliations means jail time…good luck.

  35. Tim, don’t lose your mind with the multiple handles - keep them straight - Tim is Tim and Brent is Brent….look what you wrote below…

    “brent(TIMBUCKS: $83)

    July 2nd, 2008 at 3:02 pm

    in keeping with this sites credo.

  36. LOL

  37. 37

    Rambone, Pardon my ignorance, what is going on tomorrow, why you expect nothing but red then?

  38. lol..Timfan is cranky cause he lost his ass in the market today :(

  39. r u kidding me TIMfan, i’ve stated numerous times i have affiliation with thinkorswim and other advertisers/companies .on this site…but not with pumping stocks…funny that u think i have multiple handles, i dont have time to play games liek that…my biz model really is brutal honesty…in time, u’ll come to realize and respect that

  40. No answer? Why do you front run the stocks? Why do you enter the position and when you want to exit, you TIMalert it?

    Why use your own customers to offload stock?

  41. Why did you block my address again tehn? Why use your customers to offload stock? Why dump onto your subscribers?

  42. front run r u kididng me? my entire strategy is aiing to find 5-15% gains, when i have those, i get out…the good news is these stocks usually run 20-30% int he direction i trade, long or short, so even people who enter late do well

    customers to offload stock? LOLOLOLOLOL dude i traded 2,000 shares on stocks trading 10 million/day, i hardly need my customers’ volume…these stocks are surprsingly liquid

  43. Why do you block teh IP yu asswipe? You can’t ahndle the doubts that I put into peoples minds? They will catch on sooner or later

  44. getshorty,

    ECB (European Central Bank) raising rates tomorrow.

    http://www.earthtimes.org/arti.....-grow.html

    Dollar will get weaker. Oil stronger. Neither is good for our market.

  45. Bone- you have it right- blood fuckin’ everywhere tomorrow is what I’m thinking. Short 200 MS @ $36.90. Bring it! soon as I cash up going after LM too.

  46. EVSO beautiful!! A baby LBAS in the making….

  47. Fucking asswipe, i will make sure I post shit about you on other websites where you have no control or editing rights. Farewell.

  48. we block several spammers, as long as u keep the conversation going, we wont block u..and i’ll answer all your misguided questions/comments cuz i got nothing to hide

  49. 49

    Tim the fact that you keep responding to this guy is making you look childish and foolish sometimes you are a great educator and others I have to shut you off cause you sound like a bitch fighting with her little girlfriends. Ignore stupidity or it makes you look just as stupid. Can we get back to trading please

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TIM Trades

View All
Date Stock Buy Sell Net
Dec 1 SAH $2.58 $2.75 $661
Dec 1 TWB $3.56 $4.20 $435
Nov 25 SRI $3.76 $4.45 $1683
Nov 24 KVHI $3.71 $4.28 $830
Nov 20 STXS $3.21 $3.48 $813
Nov 18 PERY $4.68 $5.00 $640
Nov 11 IIJI $2.79 $2.95 $442
Nov 6 CVI $4.42 $4.70 $530
Nov 5 MECA $3.68 $3.95 $490

Total: $39,463 (219%)

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