Eye Opening Data: PennyStocking Isn’t Only For Day Traders
Posted by timothysykes on Mon 14th of Jul, 2008 04:56:28 PM
Tags:
You know how I’m saying on this blog, in my PennyStocking DVD, on LiveStock, basically everywhere, “you can do better than me, my timing usually stinks”? (latest proof is me selling IDAE today for a $600+ profit at $2.49, only to see it close higher, seemingly on its way to $3 (detailed blog post coming))
Well, thanks to one of my readers for posting THIS table of how you would’ve fared if you entered the stocks I traded in June and simply held them longer. I have the patience of a mouse in a cheese factory so no matter my 14% June return, check out how much more these stocks moved in the direction I played them, whether long or short:
I went back to Tim’s June trades and did a “Where are they now?” to check the ideal return you could have gotten given Tim’s entry price, if you would have held on longer (sometimes a month longer). I know this doesn’t follow Tim’s strategy but I thought it was fun to see what happened to these stocks afterward. For the most part they continued much further in the direction Tim played them, with HYHY being the only really dangerous one, a long play that turned sour -45%.
Stock — Ideal return after Tim’s exit
CNEH — 23%
URRE — 45%
PINN — 19%
HYHY — 16%
TGC — 120%
STXX — 65%
PTEK — 40%
GRO — 50%
NTI — 31%
Given Tim’s entry price, you could have gotten a 15% return from all 9, or even better a 30% return from 6 out of 9.
First off, it’s not against my strategy–as my account grows and I have excess/unused capital, you’ll see me hold these things longer…secondly, the HYHY long doesn’t matter cuz I went short the very next day when the price action told me the run was over and now the stock is trading 50% lower aka not every trade is a long-termer, but it pays to be a longterm short on blatant frauds.
But this is what’s so difficult for me to explain: even though I’m in and out within 1-2 days, you could make soooooo much more if you have more capital/patience and just hold these things longer cuz my entries, while seemingly mad, are really reason-based, meaning there’s an advantage to remaining calm during the firestorm cuz you know it’s gotta end eventually aka swing traders welcome!
Another reader, Chris, who just recently upgraded his monthly TIMalerts subscription to an annual one seems to agree:
“I found my niche swing trading these spikes in down trends or way over extended spikes even in uptrends (only when they show weakness of course!). It works well since I work full time and can’t watch so intensely. Your alerts save me a couple hours a night to focus on charts and learning.
Up $4,000 to $8,000 in six weeks being aggressive…”
TIMstore Monthly DVD Specials:
See all TIM DVD specials HERE
TIMfundamentalsMy TIMalerts & PennyStocking Daily Research Explained! Read More about this brand new DVD HERE.
$397 USD
Read Testimonials 2
*SAVE $150!*
Pennystocking Part Deux
+
TIMfundamentals
$749 USD
Related Reading
34 Responses
Other Websites Referencing This Post
Leave a Reply
TIM Trades
View All| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| July 2 | KIRK | $10.60 | $11.53 | $1377 |
| June 30 | ISRL | $107.97 | $118 | $985 |
| June 24 | LZB | $4.53 | $4.81 | $1240 |
| June 17 | GWSC | $1.86 | $2.76 | $2679 |
| June 15 | SHZ | $1.66 | $1.83 | $280 |
| June 15 | SPNG | $0.11 | $0.18 | $630 |
| June 12 | JAZZ | $2.84 | $3.26 | $380 |
| June 12 | MAPP | $9.68 | $10.07 | $565 |
| June 8 | HEB | $3.00 | $4.18 | $334 |
| June 3 | GROW | $8.64 | $8.96 | $740 |
| June 3 | SYMX | $1.21 | $1.11 | $940 |
| June 1 | USCN | $0.55 | $0.86 | $260 |
Total: $65,674 (421%)
HYHY was/is a dog…
Is that the same The Chad with the prank videos and that attempted American Idol appearance?
Only if this is Randy from American Idol… WTF?
Just do a search on youtube for “the chad”. He is pretty funny. Tim, looking forward to another blog post on IDAE.
yo tim i was just thinking what a sweet sweet thing it would be to have an iphone app for TIM alerts… just a thought for you to investigate…
I WANT TO WISH YOU A VERY HAPPY BIRTHDAY MOM!!!
…AND I’M NOT JUST SAYING THAT BECAUSE YOUR TIMMAYS MOM, EITHER.
LOL
Whooops, wrong spot.
don’t worry you’re not the first one…I’ve seen a lot of out of place posts.
Looks like you need to get your interns working to tracking your other months trades to see how they turn out long term, maybe with a 1-3 month trading window for best possible exit points.
by the way what happened to the foxbiz interview? It get bumped for some breaking news or what?
Tim-
I just tried signing up for your alerts and it’s down! What the hell? Now I’m not signing up until you give me one good reason (and make it good!) why I should sign up. I think you’re a pompous, arrogant bastard…yet I still find myself checking your site multiple times throughout the day and kicking myself after the fact for not investing in stocks like IDAE to make a quick profit. If you introduce sound effects on your site a la Jim Cramer style and sell-out, consider my subscription done. But, before I sign up, I’m waiting for that one good reason why I should. Make it good…
CABeachBum how about you just don’t sign up at all you stupid bastard because you’re an idiot. Good enough reason?
CABeachBum, I signed up for timalerts Thursday and have already made enough money to cover the $30 per month for over a year.
John-
Not a good enough reason. What’s with the hostility? Are you a disgruntled Jim Cramer follower who’s pissed off because you lost all your money on bear and bull sounds? Awe, get over it, Johnny boy. Plus, learn to read between the lines…I want to sign up for Timmay Alerts because I respect his knowledge and insight. I’ve been following this site for some time now. I just want him to give me a good reason before I pull the trigger. After all, I was ready to buy but his Tim Alerts site was down.
Thanks Evan. It’s good to hear the positive feedback about them. I’ve been following the alerts that he posts in his blogs and am a skeptic turned believer. Now I’m just making him earn that subscription fee by convincing me (and hopefully all the other skeptics turned almost believers) to sign up.
reason is nobody else is putting in as much time each day/night researching/writing about these companies/setups as most peeps who do that are just traders…my main biz is to get my subscribers making $ so they tell their friends and they tell their friends….great biz model and its helps when i’m now 13 for 13 in my picks
PS site wasn’t down, some cache/browsers dont work well with it
and wait til u see my blog post tomorrow about one sketpci turned fullt hrottle believer–i’m talking about a blogger who publicly ripped me and now has turned around and bought my DVD/1 year package for $500 cuz i’ve made him a few grand in trading profits….
There we go! Since it’s 1am and Tim is still up putting in the long hours researching potential break-outs or break-downs, I’m convinced enough to sign up now. Tim, I’m not even a subscriber yet and I’ve already started spreading the word to friends.
Looking forward to the blog post tomorrow. Like I said, I’m skeptic turned believer after scrutinizing a bunch of your picks over the past few weeks. This site is addictive…and I’m not even a coke head like your Wall Street buddies. ha!
tim , i saw u on wallstreet warriors… you were hilarious at the golf course dude… all the other ppl were boring…
Hey Tim, how did you go about starting your hedge fund? how much does it cost to start up one… can you give me some advice?
thanks joe, its all in my book:
http://www.timothysykes.com/book
Anybody got a pick from doubling stocks.com?
Can’t wait to short their next pick!, they divide their mailing list per week of the day, then they sent the same stock to different people different days of the same week, that is why during the first week there is always a morning spike and an afternoon dump.
Anybody got this week pick yet,last week was uomo, but couldn’t fin any shortable shares.
Anyone notice IDAE’s chart looks exactly like page 26 of Brian Shannon’s book. GREAT READ!!!
what the hell is all that volume on TMR?
is that just MM jockey or what????
20,000 shares?
price ain’t moving
i’m seeing many above 25; like maybe 50 plus trades already. On time and sales
that would be 25k plus each
now there coming off at 40k each
now i am noticing that the Time and sales volume is total volume not per trade volume. I was thinking those where per trade volume,,, my bad,
nice start on volume on TMR. Holding up nicely. Sure would like to see this thing breakout above 3.30
TonyE: any encouraging words on TMR?