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…”

Spread This Post:

TIMstore Monthly DVD Specials:

See all TIM DVD specials HERE

Related Reading

Yes, My Subscribers Are Doing Better Than Me, It’s A Good Thing! March 1, 2009
Boo Hoo, It’s Been 6 Days Since I Traded, Here’s My Response: August 7, 2008
Feel Good Friday: Nailing A Perfect Short Sale On Vermillion, Inc. (VRML) May 9, 2008

The Chad

HYHY was/is a dog...

Randy

Is that the same The Chad with the prank videos and that attempted American Idol appearance?

The Chad

Only if this is Randy from American Idol... WTF?

Randy

Just do a search on youtube for "the chad". He is pretty funny. Tim, looking forward to another blog post on IDAE.

ryan z

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...

Jesse

I WANT TO WISH YOU A VERY HAPPY BIRTHDAY MOM!!!

...AND I'M NOT JUST SAYING THAT BECAUSE YOUR TIMMAYS MOM, EITHER.

LOL

Jesse

Whooops, wrong spot.

younggunz

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.

younggunz

by the way what happened to the foxbiz interview? It get bumped for some breaking news or what?

CABeachBum

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...

John

CABeachBum how about you just don't sign up at all you stupid bastard because you're an idiot. Good enough reason?

evan2024

CABeachBum, I signed up for timalerts Thursday and have already made enough money to cover the $30 per month for over a year.

CABeachBum

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.

CABeachBum

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.

timothysykes

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

timothysykes

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....

CABeachBum

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.

CABeachBum

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!

joefoolz

tim , i saw u on wallstreet warriors... you were hilarious at the golf course dude... all the other ppl were boring...

joefoolz

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?

timothysykes

thanks joe, its all in my book:

http://www.timothysykes.com/book

Get Shorty..... Reloaded

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.

sayhellonsmile

Anyone notice IDAE's chart looks exactly like page 26 of Brian Shannon's book. GREAT READ!!!

brent

what the hell is all that volume on TMR?

brent

is that just MM jockey or what????

timothysykes

20,000 shares?

brent

price ain't moving

brent

i'm seeing many above 25; like maybe 50 plus trades already. On time and sales

brent

that would be 25k plus each

brent

now there coming off at 40k each

brent

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,

brent

nice start on volume on TMR. Holding up nicely. Sure would like to see this thing breakout above 3.30

brent

TonyE: any encouraging words on TMR?

blog comments powered by Disqus

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 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%)