Previous Post
Next Post

Why I Bought Turnaround Play Noble International, Ltd. (NOBL) at $5

Posted by timothysykes on Thu 7th of Aug, 2008 07:14:00 PM
  Tags:

Well, actually it was 1,500 shares at $5.01 and $5.02, solid close at $5.40, so I’m already up like $600…kinda funny that on the day I post (right HERE) that I will not be forced into unworthy trades a worthy trade pops up.

I’ll explain why I bought NOBL by the alert I sent TIMalert subscribers, many of whom bought in at $5.30, $5.05, $5.06, $5.10, $5.20s…:

yes, its up a lot, think 50%+ on the day, and its got a lot of bitter longterm shareholders, but against all odds–and incompetent ANALyst advice–they reported solid earnings…already $1 off its intraday high today due to it going up too quickly and the overall market being crappy, this is a massive company just tied down by massive debt…any time a debt play starts to look like it could turn around, shorts get scared–already shorts have been reduced from 1.1mil to 300k in the last month, probly now down to 100k after today…earnings turnaround plays can and often do have multi-day runs, so i’m looking for a retest of today’s highs in the low $6s…ideally with some morning spiking like it had today

As to how I found it–guys, it was the only stock up a lot today, all I do is look for big winners each day and determine which ones I think will reverse, which will continue and which have no probability either way (the majority, hence my lack of trading lately)

nobl2 Why I Bought Turnaround Play Noble International, Ltd. (NOBL) at $5

nobl Why I Bought Turnaround Play Noble International, Ltd. (NOBL) at $5

Judging by NOBL’s strong close–definitely the result of some squeezing of the stupid wannabe short sellers who are too cheap to buy my PennyStocking DVD Package so they really don’t know the difference between a longer lasting fundamentally important earnings event and a fluffy/temporary pump and dump event–I’d say this thing has waaaay more upside potential than downside and that’s what I look for when I buy…and of course I need volatility, which this one’s proven its got.

Here are all the solid reasons why I bought:

a.) ANALysts can upgrade–which often/usually happens pre-market the next day (especially in this case the ANALyst who formerly had a job with the wannabe brokerage firm Morgan Joseph who downgraded it one day before these blow out earnings…on the conference call he said “I severely underestimated how much cost cutting was possible”, schmuckkkkkk)

b.) More earnings coverage by all the media outlets that want to look like they’re up on the latest news even though they’re dinosaurs (WSK, TM, SCI all have articles…so far)

c.) A stock that holds 60% gains on the day where the markets are getting crushed means people can smell the turnaround, not day trader, I’m talking investors…this was a $20 stock just a few months ago, plenty of upside to go, only $2 of downside from its lows.

d.) Shorts are getting frantic calls from their brokers cuz this debt-riddled company really is looking surprisingly healthy, meaning a big ass short squeeze is possible/probable

e.) I dutifully listened to the conference call to discover they’re benefitting bigtime from auto growth in China, but I’m not gonna pretend to understand the automotive industry’s dynamics…as that soon-to-be-fired-if-there’s-any-justice-in-the-world ANALyst from Morgan “JP-wannabe who really deserves less fees than an auction-rate securities broker” James proves, all the analysis in the world ain’t gonna make it very predictable. Good thing the market analyzed the stock for me, voting their future bright with all those buys even when the stock was up so much on the day in a shitty market.

f.) as I noted in THIS comment (LOL non-subscribers can’t see, how you like them apples!) on the TIMalerts-subscribers-only website at 3pm, 30 minutes before the official alert went out:

was watching NOBL for possible overnight buy, but it just broke intraday support so probly no thank u

That’s right, it cracked intraday support at $5.20 and coulda woulda shoulda gone down $1-$2 cuz there was no support…and the market was tanking baaaad…so I thought it was done for…except that this earnings report means this company is now probly undervalued so there turned out be buyers everywhere aka it only dropped 30 cents (not coincidentally to support level from early June) aka it proved to me that the broken support on the day today was meaningless and more importantly, proved how little downside there is aka lots of early shorts are f%$#ed when it opens tomorrow cuz the downside is so already proven limited and it’s already displayed healthy consolidation.

And that’s it, I still fully expect it to touch the low $6s tomorrow, I’ll either look to get out just under $6 or over it, depending on how big the buy blocks are (dumb panicking shorts, brokers don’t realize they should hide their true size, they just put in market orders, gotta love the ignorance) maybe if the squeeze is big enough, it could even get up to the $7s–after all, it went up $2 in 20 minutes this morning and that was before the soon-to-be-poorer shorts piled on today…

Spread This Post:
  • Digg
  • del.icio.us
  • Facebook
  • Google Bookmarks
  • MySpace
  • StumbleUpon
  • Technorati
  • TwitThis
  • Yahoo! Buzz

TIMstore Monthly DVD Specials:

See all TIM DVD specials HERE

Related Reading

Previous Post
Next Post
  • gburleson1
    NOBL I will be looking to SHORT this one after the fade.
  • i wouldnt be too quick to short earnings turnarounds, this could easily have WSCI-like action
  • gburleson1
    I know coach but this is your classic supernova and there is a lot of upside but after the freenzy there WILL be some down-side. You will have to trust me on this one, I listen to my coach TIM SYKES and stick to his rules.
  • no its earnings, no earnings play can ever be a supernova
  • gburleson1
    Oh ok GOT IT! Thanks for your help and Congratulations on your success in the month of JULY. That is the AMERICAN WAY. You are a Great American. Keep up the GREAT WORK.
  • Tony Ellis
    Tim I use to sell the hell out of Auction Rate Securities
  • Mike_13th
    total_keops(TIMBUCKS: $31)

    August 7th, 2008 at 3:16 am

    >All these comments and only one on ILE
  • Mike_13th
    Way ahead of you on NOBL,caught it right out of the gate on IB pre,upping on vol:

    (Aug 07-09:36) 13th_FLOOR: NOBL 4.1
    (Aug 07-09:36) 13th_FLOOR: 4.3 NOBL
    (Aug 07-10:17) 13th_FLOOR: out NOBL...cleaned up on that

    In 3.75 out 5.90 for 57%

    Power of IB pre,wooooooooo

    Still 3xs full MKTY USS AGIX,croak on no vol you dogs
  • Mike_13th
    another beauty:

    (Aug 07-10:56) 13th_FLOOR: CHC 2
    (Aug 07-10:56) 13th_FLOOR: ran yest CHC
    (Aug 07-11:04) 13th_FLOOR: ohhhhh baby 2.2 CHC
    (Aug 07-11:12) 13th_FLOOR: CHC 2.4
    (Aug 07-11:53) kylez32: CHC hod 2.79

    Love this crap

    Everyday there is something
  • Looks good Tim it'all make my scan and I'll say the same thing, looking for the test of $6 out of the open and then watching for the weakness - nice trade so far - you might have to get up early for PM action
  • VRNM amazing short out of the opening squeeze today!
  • TommyTim
    Guys, relax on the egos unless you can shake the ground for 30 seconds.

    NasdaqCM stocks don't show up on any highs of the day lists including many brokers. Example today is FOODZ which is up 80% but you won't see it on any finance sites.

    ILE didn't show up on the day highs on AMEX because it was a sub $1 stock.

    There you have it.

    P.S. I have a 12 inch cock. LMAO
  • TommyTim
    Scratch FOODZ it's a warrant. I'll give you a different example later.
  • TommyTim
    IMRX is an example on the Nasdaq CM. Doesn't show up anywhere even though it's up 50%.

    WSTF is a Nasdaq GM which does show up on top lists but since it's sub 1 it didn't show up.
  • Tony Ellis
    TommyTim All stocks show up on Etrade PRO's High Low ticker even sub penny
  • Mike_13th
    Tommy
    if you're talking to me,come in the chat.
    I will shake your ground!
    It's live,my alerts are live.
    Put up or shut up!
  • longshort
    Mike,

    What chat room is that?
  • Mike_13th
    longshort,
    It's... http://mysite.verizon.net/resynsu8/greenonthesc...

    We are also there most nights after hours to discuss stocks and trading strategies
  • The Bear Claw
    Mike 13th,

    What name do you use on covestor? I couldn't find Mike 13th on there.
  • Mike_13th
    I trade with IB,they don't like the idea of putting ones port out open to the public,they don't allow it.
    In fact they have beefed up their security with SCUR,IB sends you a security device from SCUR that you need to log onto every trading session and I love it.
    I trust no one near my account,and neither does IB
  • Zykosis
    it was one 50k print on nobl before open, that's enough for you to put in a buy order basically right at the open? i dont get how you catch that :/
  • Zykosis
    the chc trade i can see though :)
  • longshort
    what happens when you put a buy order before mkt opens...does that execute right at 9.30 am price?
  • Mike_13th
    Because I know NOBL from the past...why I scan EVERY night.little hard pays off if you are serious...

    http://greenonthescreen.blogspot.com/2008/06/im...

    I forget very few that hit a scan.I have too...I hate real "work"
  • younggunz
    Just checked back NOBL at 5.60 after hours.

    I respect your trading skills Mike but I sure as heck have a hard time trying to decipher your posts. I get what you're saying most of the time but you sound like a robot.
  • hey mike, i would like to follow you on your blog but your trades are over a year old, not updating anymore?
  • total_keops
    longshort,
    if you tag it to allow trading outside Regular Trading Hours (RTH) your order is placed and can be executed in pre market hours (market or limit). If you tag it as only RTH the when the market opens you orders is placed. There is no garantee of getting any price. A limit is a limit and will only execute if you get hit. At the open a market order can get a very bad fill.
  • Randy
    Mike has a chat room and archives the chats. Good info on that blog Mike, I need to do more screening and scanning. Great work.
  • how does it archive, do you have to log into the chat?
  • surprised to see you trade on earnings
  • but i understand all your reasoning, looking great so far
  • matty84
    It takes a while to understand the terms and have everything make sense in the blog, but it's worth it...a lot of it wasn't written by Mike, but a guy named Muddy who taught Mike how to trade (and then he said Tim taught him how to short!). The most important posts are on the sidebar, all good reads.

    After you read the blog, spend some time in the chat (and do it in that order, going in the chat room first won't help much). I think you'll see pretty quick that Mike13th is a rare example of not needing Covestor to prove one's trading methods, it's pretty awesome to just sit back and watch him at work.
  • Srinivas
    I bought before close yesterday at 3.18 was glad to see this break out today.
  • NOBL: Earnings were phenomenal... should at least test yesterday's high of 6.34... once we break that the squeeze to $7 is on IMO. Look for this thing to launch on the open.
  • lmsmith
    I thank Mike_13th for his Pre list from Yesterday when this thing was under $4.00- NOBL that is
  • younggunz
    bing bing bing! here we go again for another ride on the sykes train.
  • johnnyvento
    why don't you ask everyone to tell you how many shares of NOBL they bought so we can figure out what percentage of the move up was due to the TIM PUMP- my guess is most of it
  • Johnny are you an idiot, or just partially one?

    The stock has traded $950,000 so far today tim's $5,000 in yesterday and $6,000 out today = $950,000-$6000 today = $944,000 left for today that must have been all his followers right???

    idiot
  • yeah right vento, i already sold for 10% profits, sent out alert, my subscribers are selling too, price is holding up fine, u give me and my followers far too much credit, everyone has like 5,000 accounts lol
  • mdc007
    Do you establish a position in a stock before you recommend it to the people relying on your picks on this website. If you do then arent you relying on the subsequent intrest from the people following your advise on this site to enrich yourself?
  • Gary Burleson
    mdc007 TIM went long on NOBL then sent out his alerts then guess what the price barely moved. THEN MR. Sykes sold his position then guess what? The price barely moved so NO Tim isnt looking only for his own pockets, he is coaching, teaching, training, and everything else he can to get a bunch of people who have limited knowledge and experience and showing them how they too can profit the American WAY. The longer that you have that defeatist attitude the longer your going to prevent opportunity, success, and money from coming your way.
  • longshort
    I cant post questions on livestock

    What is wrong
  • A
    Just do the math. When you send out an alert to 300 subscribers. Let's say each subscriber buys 1,000 shares, 300*1000=300K. Yesterday's total volume was a little over 800K. I can only say that a large part of the volume was due to Tim's e-mail. No real way around it.

    Also notice on the 1-minute chart from yesterday afternoon how volume began to pick up around 3:45PM when it was trading around 5.02ish. No surprise that there was a rise from there as Tim subscribers ate up shares into the close.
  • A
    But if it makes people money, more power to em.
  • mdc007
    That is not the issue. I am not talking about just this one pick. If the stock is illiquid, take USS for example, what chance does a subscriber have if TIM has already sold to get out of a stock like that. The performance is highly misleading when his subscribers dont have a snowballs chance to replicate the performance when he is frontrunning his own recomendations.
  • 1000 shares at 5 bucks a pop, not everyone has a large enough account to replicate that buy, tim bought 4k shares, some of us may have bought a few hundred, i'd say out of the 800k volume, timalerts were maybe 100k of that, at best
  • A
    Good point. His returns would probably be much different if he tried to enter a trade AFTER he sent out the alert.
  • Gary Burleson
    IF you are talking about USS I can speak first hand and as a TIM ALERT memember that USS was a huge hit. He sent out the alert you reserve shares from your broker and at some point you as the individual investor have to decide when a good point is to enter. Tim will send his alert out when he enters but usually you can see already when the moment is taking place. Do the Tim Members have an impact YES but its minimal. I was a member when he only had 10 other members and to be honest it hasnt made an impact at all on my earnings. You have to remember when he gets out he leaves a lot of room for others to make money too. He almost always exits early. NOTHING MISLEADING. Again your highly suspecious outlook will prevent from not only trusting TIM as a coach but will prevent you from jumping in the MARKET. the same arguments you make against TIM you can say about the MARKET MOVERS that control a majority of stocks played on a daily basis.
  • mdc007
    If he was a professional, which I am not sure what rules he has to follow recommending stock trades, it would be highly illegal to frontrun customer recommendations. Analysts go to jail for doing that.
  • mdc007
    I am not sure what rules he has to follow as a person that recommend stocks, but as a professional that makes money for recommending stocks to the public it is highly illegal to frontrun recommendations. Many analysts have been banned from the industry, and advisors have gone to jail for doing just that. I would like to hear Mr. TIM comment on exactly what procedure he follows - FOR THE RECORD
  • gburleson1
    How about you do you homework and find out the rules for yourself. This is what TIm dislikes, fat lazy people who wont do their own research..Tim puts out disclaimers everywhere you look so again do your homework.
  • mdc007
    You are not TIM are you. I would like him to answer the question on the record DOES HE TRADE AHEAD OF HIS ALERT RECOMMENDATIONS. It is starting to sound like he is rather evasive on the issue.
  • younggunz
    haha yeah i am sure all 300-350 members of timalerts buy 1,000 on average.

    I bought fucking 100 shares of noble. Thats a little drop in the bucket. there were atleast 3-5 other people that bought less then 500 shares.

    I doubt even half the subscribers even buy or short into any given alert at a time.
  • younggunz
    His trades are verified on covester and when he makes a trade he emails his timalert subscriber to tell them that he just traded x amount of shares of company xyz at $X.XX price. Some people follow his moves some don't.

    Most people that have followed his picks and even ignored the alerts he sends out when he covers or exits his position make even more money then him.

    I don't know what else you want to know. You're hating because he is a trader that charges a fee for people to sign up to be on his mailing list and get notified when he trades.

    His alerts are not the deciding factor in these stocks patterns. Most of the shorts were fraud companies that were being MANIPULATED by paid stock promoters.
  • younggunz
    "DOES HE TRADE AHEAD OF HIS ALERT RECOMMENDATIONS."

    Dude fucking read the timalert description page it isn't that hard to find. It described what the TimAlerts are. If you're going to waste this much time bitching on a blog page asking questions that you can get answered if you actually tried reading more then the front page.
  • LOL do i trade ahead of my alerts? LOLOLOL of course, the alerts are just emails of my trades..its for entertainment purposes only...not financial advice nor a recommendation to buy or sell any security....

    front running? uhhhh, then every single alert service would be front running...if this becomes an issue then i just wont trade em and i'll be a pure alert service...pathetic if it has to come to that though
  • younggunz
    Don't even sweat it Tim. We're all just a drop in the bucket of the stockmarket. You're always going to have people accusing you of frontrunning that don't understand that there are tons of other "gurus" and alert newsletters out there doing the same damn thing.
  • I just bought 100 shares and still made $41 after trade fees.
  • patelt78
    Jesus, People need to leave Tim alone. I've learned a hell of a lot from Timmay!
  • mdc007
    LOL you just admitted to a major securities violation. I am sure the SEC and FINRA will be very interested in what you are doing here. Just take a look at this Legal website and I am sure your subscribers would be interested in this also
    http://www.johnreedstark.com/PowerPoints/Invest...

    I wouldn't bore you with the actual case website from the SEC but just so you don't lose your attention by reading so many big words go down and read about the SEC vs Lowe and the Tokyo Joe case and see if there are any similarities between how you are fleecing your subscribers and how they did it.

    I suggest you hire a competent securities lawyer.
  • Gary Burleson
    YOu are a funny one, he hasn't admitted to anything. He doesn't scalp on his picks, he tells you the price HE himself buys the stock and its up to the individual to decide if that is a good price or not. He doesnt NOT PUMP up stocks to get people to buy the stock. He holds his stocks for longer than mearly minutes as suggested by your article. But hey keep up your LAW DEGREE for DUMMIES, its already paying you dividends. But for me I will listen to my coach Mr. Timothy Sykes he has taught me more in a few months then I knew in over 5 years on my own.
  • mdc007 read the whole website...

    Tim is very different, he doesn't promise the world, read these paragraph's, they all deal with similar issues with misleading info... I think Tim has painted a very transparent canvas

    From that site:

    "He then pumps up his members interest in his upcoming recommendations by sending messages typically describing his picks as a sure thing or something he expects to double "

    "Park fails to adequately disclose his prior ownership of a recommended stock, and his intent to sell his shares while he simultaneously recommends the purchase of such shares"

    "Park attracts new Societe Anonyme members and recruits current members to follow his recommendations by posting effusive testimonials & false and misleading performance data on his web site "

    "Performance data includes winning trades he did not actually make, erroneously reports his actual trading profits/losses and fails to include losing trades and other trades necessary to make such data not misleading. "

    "In at least one instance, Park indirectly received compensation from the issuer of a stock he recommended without proper disclosure "
  • mdc007
    I can only warn you that I think what TIM is doing is wrong and illegal. It is up to you to decide whether to pay for it and up to the SEC and FINRA to close him down or let him go on doing what he is doing
  • how exactly did i admit to a securities violation? everything i do is for entertainment purposes only...there's a million trading alert services, most just suck so their subscribers dont follow them. i will not apologize for being accurate. worst comes to worst, i'll just stop trading and send out the same alerts of where i would've bought/sold...tell the SEC to contact me if they have any issues
  • johnnyvento
    Calm the fuck down investorslive, it's amazing how you are more upset that Tim himself was, that is usually what happens when the boyfriend rushes to the rescue. I'm not accusing Tim of being like Lebed, but I'm asking a simple question of whether hundreds (and soon thousands) of people making relatively similarly-timed trades can move a low vol stock. It's a simple question and without seeing the data, neither of us can declare we are correct (I never made a declaration, just a question asking for the data followed by a guess).

    Which one of us is the idiot, I've made huge $ shorting NOBL while you just bloviated on your blog that it may go down if it doesn't go up- what a genius!

    Go fuck yourself.
  • mdc007
    Tim, Go look up the definitions. YOU obviously have nnot done your homework. You call it "Transparent Investment Management" you charge a fee for stock picks you even have the nerve to call yourself better at analysing a stock than the real analysts following the stock.

    "LOL do i trade ahead of my alerts? LOLOLOL of course"
    Your problem is you are an arrogant little punk kid who has no clue about the rules governing the securities industry and you have a big mouth. You should take your F*#&@ING Bar Mitzvah money and go run back to mommy because when the regulators start to come down on you you will wish you had taken that job at the factory LOL!
  • macdees007
    Hey "mdc007" - why don't you take your fat ass and go get ready to work in that factory you keep mentioning... ofcourse since you're only on this site in the mornings, you must be running late for your shift work. Go screw on the mufflers on my hummer while i make money on tim's picks...
  • LOL i'm not in the industry guy, everything i say, write and do is for entertainment purposes only, learn to read some disclaimers...all i gotta do is teach people not ot lose $...considering everyone who has tried to do so has failed miserably, there's plenty of opportunity for me to do good and make money off my trwching.

    and who cares if i'm arrogant, who cares if i'm punk, u're the one who keeps coming on this arrogant punks website, giving me hits and stirring up debate, so thanks!
  • Johnny you sure as hell don't act like someone who made money in the market Friday.... take a breather you're going to have heart troubles at the rate you're going.

    If you can't come to terms with the fact that your posting a question on a public bored which opens yourself up to criticism. Sure I didn't have to respond but why not, if someone else ask the same ridiculous questions/statements you did I would/will respond in a similar tone

    Instead of making a fool of yourself on this bored and mine why not just grab a cup of coffee, enjoy your Sunday, maybe watch the news, kick your feet up and RELAXXXXXX.
  • johnnyvento
    ok thanks for the tip investorslive

    bored = board
  • yea I caught that after ... woooooops.... While responding I was going to say you must be bored to be doing what you were doing, but I decided to say something else and didn't catch it

    I'm glad your back to non hostile terms
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)!

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%)