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To Short Sell These 10 Stocks…Or Not?

Posted by Timothy Sykes on Wed 6th of Aug, 2008 09:24:48 AM
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Yes, some old guy opened his mouth yesterday and the business world shook. I don’t care about the Fed, nor the overall markets, I search for individual pump and dumps. I am glad the markets rebounded, but only because that gets our favorite spammers/pumpers in a better mood to do the only thing they’re good at…and that’s when PennyStocking is so awesome…so if this rally continues, expect some solid plays to open up…as it is, I don’t see anything worth anyone’s time, other than if you’re a scalper and if you are, I pity you, it’s no way to live.

PGTI is now up 50% in 4 days, earnings play, inverse head and shoulders, looks great, but still a ton of bitter shareholders, I’d love for it to keep going, if it can break $6…convincingly, no real resistance til the high $7s, which would be a great entry point to try to go for a $1-2 reversal…oh, this short seller is probly just dreamin’…watch it, reserve shares to short just in case it flips

NTRZ so I was right about this fading, damnit! Not matter it’s good percent-wise, whoooo big fade of 10 cents/share…so far, probly 15-20 when all is said and done…with my poor timing and how fast this thing drops, I’m glad I didn’t trade it not send out a TIMalert….next!

IDMI Remember this one a while back? Still the same shitty company, but now there’s solid support in the $1.75-$2 range…too little downside for a sdhort term short, obviously it’ll probly be under $1 in a few years, but not without some squeezes along the way….let’s root for it to keep surging to give us some real downside potential

BIOS is a earnings play, but if it cracks $4, it could go to $3.75 in a hurry…too much support though everywhere for me to really consider

VVUS is one that should make you understand why I say don’t short randomly strong Penny Stocks…now it’s actually a breakout play above $9…I thought about buying, but that afternoon price action where it couldn’t break $9.25 just has fakeout/reversal written all over it, reminds me of the WEL breakout the other day and look how that turned out (-15%)… this could be a real breakout, but I suck at buying anything less than perfect breakouts so I pass here

ZYXI reported their regular monthly sales increase…gonna be tough to break former high, 40 cents/share away, hopefully this thing can base around here and suck in some shorts to give it more explosivity on the upside

RDN, SCA, TGIC, ABK, there, I mentioned those financial plays, happy now? Some of you just don’t get it—mostly people who are too lazy/cheap to watch my PennyStocking instructional DVD, for the 28478277828th time, while these plays have similar chart setups to pump and dumps, they move on news, often overnight news, so while you might get shortable dips, I’m waaaay too scared to hold these overnight so that forces day trades, which added to my poor timing makes the odds on these akin to going to casino…I understand casinos are very popular, but you can have those 50/50 odds, I’ll stick to 80/20 plays…next!

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  • lower oil price, no fed change, stocks are on the rise. wake up spammers, its game time
  • ARIO is a potential sub penny play that I am watching...volume is picking up with upward action.
  • total_keops
    RAMR, GWSI, not IN.
  • total_keops
    AVNU is going my way
  • Tim....Its funny that Pallian is selling your old website layout. Cant wait to see who buys it.
  • mikeswords
    Yawn...
  • Mike_13th
    "CSK announced a refinancing, forget shorting this one"
    xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

    Oops!
  • longshort28
    VVUS?
  • Alex
    bot PDO @ 10.20 - going up here
  • Alex
    I love PDO - total shit company but people keep shorting it, get squeezed when bulls raid it on oil news: wash/rince repeat cycle
  • Alex
    ARNA big dip for no reason/low volume - bettcha it's back testing 6.50 in notime...good trade to go 1:5 risk reward
  • MikeY
    PDO is @ $10.07 now... hope you got out?
  • MARC
    any thoughts on EUBK ?
  • Production news just came out on HTOG...watch for a spike
  • Alex
    MikeY - lol - a .13 stop on PDO? ... noooooo wayy, you gotta give it room ... makes wild swings & price gaps & the spread often gets to be .20 when it gets excited
  • totobernal
    is anyone on TLGD?
  • getshorty
    EUBK is a real financial company therefore not ideal. BUT it looks like ready to fall IF it goes down under yesterday 2.74 close.

    But if it does it, looks like a bad risk reward situation, 50/50, it can spike 78 cents to 3.52 resistance or drop 90 cents to yesterday's open 1.84. Not a good risk reward.

    Can get better if it spikes and gets closer to ists 3.52 resistance. Where you can short it with and put a tight stop over 3.52.

    this is your trustworthy piece of advice of a very serious anonymous guy aka don't trade on my word.
  • Alex
    What was the news for HTOG?
  • getshorty
    As I was writing my previous post EUBK went to 2.51

    I have such a bright future as a financial advisor.....
  • alex here ya go...

    Heartland Farmout Project Yields Well Producing 65 Barrels per Day in Northern Kansas - Further Drilling on Remaining 500,000 Acres Planned

    go to yahoo finance for more details
  • Alex
    That's a very small amout of Barrels.
  • its really not about how much eventhough it is only one well. Its all about hype and how the stock reacts to this news. Ride the wave man. Im all about these quick flips.
  • MARC
    Getshorty, LOL ya man I appreciate your input. Im not going to buy or sell on your input but you give me another mans opinion and that I appreciate. I was just seeing a huge slow down in bids so after a huge up day yesterday I was thinking alittle pullback and like you said risk/reward might not favor me.
  • getshorty
    Shorted PGTi when it went negative for the day (with a tight stop in case it spiked up and started squeezing) got an avg execution of 5.78, thing still falling, considering changing me 5.96 stop for a trailing stop..... greed is bad
  • getshorty
    Somebody just fckd me. had a stop buy for BJGP at 6.04 and got executed at 6.25, now it is back at 5.94.

    I just got punked
  • MARC
    Getshorty, what method did you use to short PGTI? I just looked at the chart and I didnt see anything that would have made me short. Of course good call and thats why I ask.
  • getshorty
    Any advice on how not to get raped by this type of things?
    Is it just the price I have to pay for putting a poor honest stop?
  • MikeY
    Alex, 9.55 now, still in?
  • getshorty
    Marc, it is typical Tim's play, up a lot in no time, then short the first down day.

    He just warned of it with his timalerts, but he was weary of a squeeze, that's why I put a tight stop. Gave back most of my $ 300 winnings to the rapist who got me on BJGP
  • longshort28
    hard luck shorty......
  • shorty, dont use stops, the MMS see them and they'll always try to take u out
  • longshort28
    cjgh..40% up
  • getshorty
    No more stops unless away from my computer from now on. Will put alerts and get out manually instead. Expensive lesson though (cost me as much as my pennystocking dvd)
  • MARC
    On the avg how many timalerts do you get a week?
  • total_keops
    getshorty, Stop Limit is an alternative.
  • all alerts on the front page of http://www.timalerts.com

    here's a funny new post:

    http://www.timothysykes.com/admin/2008/08/06/ho...
  • younggunz
    Man, hitting a dry run since USS. All potential players are falling apart and only leaving room for scalpers. PGTI took a solid slope down since the open. Same with TLGD and VVUS. Just too much spread to be confident jumping on any of those in the morning.

    Come on pumpers show us what you're made of and start polishing us up a nice turd and pump it up 200% in a day.
  • greenspan
    ILE was up around 300 percent on wrinkle cream results...LOL
  • MARC
    I tried to get some of CBOU but no shares available.
  • Toughguy
    Tim has become an icon on the GETG message board. He started a real rhuckus over there. btw is this the correct spelling for rhuckhus?
  • ile is something to put on a watch list, was up %300, finish up %205, well see what kind of volume it does the next few days
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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)!

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%)