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

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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)

Cubic Energy, Inc. (QBIK)

Hydrogenics Corporation (USA) (HYGS)

Fieldpoint Petroleum Corporation (FPP)

Pyramid Oil Company (PDO)

Mexco Energy Corporation (MXC)

Royale Energy, Inc. (ROYL)

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investorslive

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

Rambone

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.

lmsmith

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--

lmsmith

200k shares I wish- I meant 2k

getshorty

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.

getshorty

Previous post was about tgc

thems

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.

getshorty

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

TIMFan

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

getshorty

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

Jayman

EVSO = next LBAS ??!!

lmsmith

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

lmsmith

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

timothysykes

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!

TIMFan

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...

timothysykes

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!

timothysykes

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

TIMFan

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.

getshorty

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

PCola

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

lmsmith

UCBH out 2.67-- lunch money

timothysykes

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

TIMFan

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

brent

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

Rambone

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

Castanova

LOL. TIMfan is a true crack-up.

TIMFan

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

timothysykes

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

PCola

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.

timothysykes

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)

timothysykes

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

TIMFan

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

brent

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 ! ! ! !

TIMFan

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.

TIMFan

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.

brent

LOL

getshorty

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

UFgemini

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

timothysykes

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

TIMFan

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?

TIMFan

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

timothysykes

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

TIMFan

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

Rambone

getshorty,

ECB (European Central Bank) raising rates tomorrow.

http://www.earthtimes.org/articles/show/216171,...

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

sniper6

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.

Jayman

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

TIMFan

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

timothysykes

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

trainerdave

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

TIMFan

Fuck you

brent

i only wish i had the $$ to do all the shorts i want to. Relagated to ONE. Damnit ! ! ! ! Confusing me for Timmay... C O O L . . . .

brent

reduced to profanity.. WOW. I was thinking you were better than that. Guess not.

sniper6

looking for breakdown in MAXY

brent

hey, rambone: jumped the gun on COIN. in at 6.10. Took on some heat, not much, L O oooo kkiiinnnng GOOooood!

brent

damnit tim, fix that return to where we post thing...

Reaper

LOL Timfan. What a moron. Hey, if you want (and if you say who you are), I'll lend you my securities lawyer (good ones aren't too expensive out here in Missouri) to tell you that there is nothing wrong with what Tim is doing. Ever heard of Lowe vs. SEC? The Supreme Court upheld the right to talk about stocks and give advice as long as disclosures are made and the advice is not personalized.

http://supreme.justia.com/us/472/181/

Rambone

Some serious shit going on. Moron FEDS better have an emergency meeting and raise rates 1 point to lower OIL prices. Bush needs to say military action is not an option with Iran. This country is going to go into a depression to rival the great depression if things continue at this rate. Mad Max beyond Thunderdome comes to mind to describe how we're going to live in another year. Call me crazy this scenario is coming to fruition in front of our eyes. And this will come true 100% if Israel attacks Iran.

TIMFan

Alright, i guess I understand - I will sign up for alerts, and I will buy the stock that you had bought only a few days ago...so whatever happens happens, may god be with me...you win I lose...can I get a discount please?

timothysykes

i dont mind looking stupid--as i think i've proven--and i will not have lies being spread on my site, nor any site for that matter...besides, i'm all out of trades for today...

BRICKHOUSE

TIMFan... Are you serious!? This cat was making money oh wait, A SHITLOAD OF MONEY, oh wait AUDITED SHITLOAD OF MONEY long before he started any of this!
If someone has something to hide, they hide! Tim is clearly not hiding hence An American Hedge Fund, PennyStocking DVD, Wall Street Warriors the list goes on and on!
If you really want to be a hater and such a douche-mo then start your own blog, website, investigation, whatever and call it IMADOUCHE.blogspot.com!
Check yourself bro and have a Coke and a smile!!!

Love,

BRICKHOUSE

brent

Hahahahahhahahahahahaaa... your killing TIMFan....

lmsmith

TGC!! In Red- what a perfect short!!
QI as well

mbaugh

Hello, this is my first post here. I have been reading this site for awhile and its a pretty good site for new picks. I have been trading for a living since 2005 and have done pretty well since I have 4 kids with another on the way and a stay at home wife. I decided to post because i couldn't hold back the laughter from the Timfan comments. This timfan has no clue as to what he is talking about. As for you Tim you're doing a great job! To be a successful trader, one most commit to learning new ideas everday! I think you ought to give the Timfan a free DVD to cheer him up since it sounds like a trade went against him.

Keep up the good work folks!

Adam

TGC perfect afternoon fade congrats to all who profited

Rambone

brent,

good 4 you. In this market it's safe to jump the gun. You could cover at 5 before end of week but I'm sure you'll take 5.50 if it comes today.

TIMFan

I know, don't beat up on me guys please, I am just confused...I will sign up - please have Tim give me a discount. I apologize.

brent

speakin of coke... this CROWN sure tastes goooooooooodddd.

getshorty

What is that smell??

Is that envy??

Nevermind, maybe just timfan shitting his pants.

Rambone, thanks for the rate info, however, I respectfully defer from your opinion on the interest rate effect on stocks. It is not what decision the Europan bank takes that will affect the market, but it is how that decision differs from the expected one, and, in that field, most of us have no edge whatsoever. HOwever, it is good to know since it will mean more volatility tomorrow as players try to anticipate and adapt to the news.

timothysykes

TGC awesomeeeeeeeeeeeeee, now 80 cents below where i sent out a TIMalert...gotta love it!

TIMFan

Please sign me up, put me in coach, Im ready! Put me in please!

Goddamn rednecks will soon realize that this site is full of cloned handles just like in the gogo years 1998 and 1999...

brent

look at that shit go.... COIN vvvvvvv down vvvv down yeehah

brent

tim: really please fix that return thing....

getshorty

bye bye tgc !!!!

getshorty

bye bye tgc

COvered most of my position early, thanks god i reshroted at 3.23, huge gain, don't know how much, will post after i close the whole damn position.

Anybody will keep it overnight?

Tim, will you stay tgc short overnight?

brent

ya know i gotta thank TIMFan. I was so busy jousting with his inaccurate statements that i forgot where i was in my trade. In longer than I had anticipated. Thanks TIMFan for the extra 10 points and counting. I may just hold over night because i have been in longer than i normally would have been. Thanks TIM for the lessons in DVD and rambone for the update in holding fast, Where the the hell did that come from.

be-the-ball

your timalert said you made a mistake

brent

tim: fix that return thing.

timothysykes

yes i did make a mistake shorting TGC...ideal entry would be...wait for it...in the afternoon after sideways price action around 3.30

brent

hereeees 5.5 rambone holding, i think, overnight ! ! ! !

be-the-ball

yes, i agree

brent

ROTFLMAO... got the Duplicate message LOLOLOLO hahahahahah..
you know tim: fix that return thing.

Keith

Anything for end of day?

Keith

So much blood here I feel compelled to be in something but I have frozen.

timothysykes

keith, r u not on TIMalerts? gave all great ideas today

brent

ya know. the sec rule can destroy me or make me stronger. I think maybe stronger. If not for the rule i would have been out of COIN now to take the profit; I would not be able to trade for 90 days though, SO i hold over night to keep my option to trade twice tommorrow. AND maybe more profit....and learn a lesson in "know when to holdem..."

brent

change...tim: fix that return thing.

timothysykes

new post:

http://www.timothysykes.com/timsykes/2008/07/02...

and brent shutup about the return thing, i have no idea what you're talking about email my admin@ for that shit, stop spamming

brent

sure would like to unload my long term postion in CDE, but that would be a bet against the $$... Weeelllll maybe it will play out in the coming days.... tim: fix that return thing.

brent

okay tim will do.

brent

Wow, what a day... Can't believe i am holding on to a penny stock over night... But it is SS so that is a good thing. COIN in at 6.1 close 5.69. WOW. may be, NO, will be my biggest gain yet... tim: fix naaahhhhhhh just kidding.. emailed you on that one....

Oswald2001

Tim,

Why not just ban TimFan?

Obviously, he is a mindf**king basher.

No doubt sent over from one of the countless Boiler Room Fraud Stock operations that you have exposed.

His only intent is to sew confusion, distract attention from the business at hand and focus it on him.

Please ban him and others like him.

There are enough sociopaths in the world. No need to give them a 'soap box'.

Fangle

Tim,

Thanks for the HYGS info, I actually bought HYGS and TGC some time ago, you made me realize I should be pragmatic and take some profits today as they flattened out.

So what do you all think about DCGN's nice little +20% run to $1.10 today? What are the odds it will still have some momentum tomorrow? (remember: short trade day @ Thursday).

LAPaul

I propose that TIMFan opens his own forum (maybe on Tim's site?) and let us discuss stocks here...

Tim, I don't understand why you go into a discussion. You can't make the whole world your friend. There are always people that complain and are dissatisfied. Let them be..

Back to stocks: I was just on time to short TGC (I reserved some this morning with Thinkorswim :-)). I shorted just over the top after the sell high volume spike @ 3.64 (11:30AM) 1500 shares. Scaled out in 500 shares blocks. Profit 357 (ex commissions). Could have been much more (look at the close of today), but the spike up was too fast and scared me [I

LAPaul

Another suggestion for some of us (I won't mention any one in particular):

SEC, Employment Opportunities

The SEC has job openings for a variety of positions. If you are interested in working at the SEC, read Employment With the SEC, that explains what positions are available and the procedures for applying.

yaktipper

I used to get cheap thrills from trolling message boards like TimFan, then I realized how lame it was. Fan sounds pretty old so I don't think he is going to get over it.

Fantom

Calm down Tim family!

There is enough money here for all of us.

Haters, please find another forum.

Traders maintain you're focus.

//signed//
market fantom

RJ

ABK IS BREAKING OUT! SEE FOR YOURSELF.

LAPaul

RJ, they stopped trading at 1.05 (ABK). Amazing, a 80+ stock a year ago. I got a 1000 shares but since I was lacking sleep (it is early morning everyday here in LA) I've put on a trailing stop a took a nap. When I woke up it was triggered when making a little dive, missed the break-out,... 18 dollar loss, but great nap :)

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Start Here

Who Is Timothy Sykes And Why Should I Care?

See Tim's full bio HERE. Tim turned a few thousand dollars into a few million by taking small gains time after time on hundreds of volatile penny stocks, discovering that his trading strategy, while consistently successful, works best for those with smaller accounts.

Determined to teach others this PennyStocking trading strategy (learn more HERE), he went back to his original $12,415 roots (already $58,000+ even though the stock market has crashed) to show everyone how to turn thousands into millions, even while having a life (somewhat) and making plenty of mistakes. Currently he is the #1 ranked trader out of 25,000+ on Covestor)

How Can I Consistently Make Money In The Stock Market?

Hard work, Determination and Know How.

Hard work to learn how the greatly misunderstood niche of penny stocks provides opportunities every now and then on which you should pounce.

Determination to seek those probable profits out and know how in order to actually profit from them.

Long story short, wait for stocks that are extremely volatile - for whatever reason - and then aim to take small profits (between 10 and 50% within a few hours, days or weeks) here and there, either from betting on higher or lower prices (yes, you can make $ betting on lower prices, it's called Shortstocking (learn more HERE).

Why Penny Stocks?

As Tim explains in several ALL-NEW instructional DVDs (see them HERE) and in over 2000+ blog posts, penny stocks are the most hyped and corrupt niche in the entire investment world. These two qualities make them the easiest to profit from (legally) because the vast majority of people who play penny stocks are suckers and all-around ignorant people. If you have any intelligence whatsoever, you have a clear advantage and it's like playing basketball against mental midgets.

Where Do You Find Stocks To Trade?

This is the #1 FAQ (see more HERE) and it is answered in THIS instructional DVD.

Of course, that's just a brief introduction - to receive a full education, there is Tim's book An American Hedge Fund which is the story of his remarkable rise and lessons learned.

To truly increase your odds at profit, Tim has designed an entire set of detailed instructional DVDs, covering all the variables that amount to over 24 hours of instruction (see them all HERE)!

Join TIM

TIM Trades

View All

Date	Stock	Buy	Sell	Net
Nov 19	AENY	$2.80	$3.02	$1148
Nov 18	NLST	$4.16	$4.40	$947
Nov 18	IMGG	$1.42	$1.64	$2094
Nov 17	NLST	$5.04	$5.59	$2195
Nov 13	VRMLQ	$21.50	$22.97	$2901
Nov 11	EONC	$2.61	$2.80	$687
Nov 10	EONC	$2.74	$3.36	$9784
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: $98,094 (681%)