More Evidence Of PennyStocking’s Popularity…

Posted by Timothy Sykes on Mon 25th of Aug, 2008 04:21:33 PM

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Perfect perfect PennyStocking short today on MITI, just short vertical charts like that when they first goes red, beware of fakeouts…7ish to 6.50, $7.50 to $6.50 if you were aggressive…I was on a train to Mt. Fuji…sucks…but that’s the risk you take when traveling. Good thing dozens of PennyStocking DVD students and TIMalert subscribers–I’m telling you, you learn the variables/setups, you won’t even need me eventually and that’s great cuz your profits–which you better brag about to everyone–are my best marketing tool…

No matter that there are thousands upon thousands of investors/traders on Covestor, this joke of an industry’s first transparent rankings platform, in THIS post I wrote about how PennyStockers have begun dominating the performance rankings on Covestor…now it’s time we look at how Pennystockers have begun to dominate the popularity rankings on Covestor too!

Count em, 6 out of the top 15 most recently followed (see rankings HERE) are PennyStockers who practice the specific or some variant of the strategies I detail in my PennyStocking DVD.

I’m #1 (see my profile HERE)–not much risk of me losing that anytime soon, not with my strategy/site traffic/mouth/story/dedication–then we’ve got:

YakTipper at #4

Yngvai in a fight to hold onto #7

PCola at #9

Good ole Tony Ellis at #14

And Michael Gooooooooode clocking in at #15

Guys keep up the great work and you’ll just keep getitng more followers…I suggest everybody else check these guys out too as we all have different strengths and weaknesses so as long as we keep sharing openly, there’s much to be learned from everyone.

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Related Reading

Some More Signs Of PennyStocking Success aka All You Trading Frauds Are Going Down! July 26, 2008
PennyStocking Covestor Domination Continues: Now Representing 6 Out Of The Top 10 Ranked Traders Out Of 10,000+ October 12, 2008
It’s Official, PennyStockers Are Taking Over Covestor August 15, 2008

OptionTrader

Awesome Post! Tim your genius!

Reaper

I'd be a lot higher up if I traded in my TOS more. Same with my ranking ... my gains today in MITI and ENAB were at IB, which is not followed by Covestor.

AdamN

As stated in a prior post today.

"Sold 500 MITI @ 7.12. Covered @ 6.55 for a quick $0.57 or 8% profit. Netted $270 in total profits after commissions."

After recovering from a dismal performance last month, I have come back strong in August, currently I am up 32% on the month and I am also up 14% total since starting pennystocking three months ago.

Come next month, Covestor should be adding me back to the rankings where I was previously ranked #10. Apparently I was removed a few weeks ago because Covestor decided my account was too new to be part of the Rankings section.

You can track me here though:

http://www.covestor.com/mbr/adamn

total_keops

Removing new accounts is a good thing cuz it removes the beginers luck noise. Just my opinion.

NOVA

how many cents do you use when you put in a trailing stop in think or swim?

total_keops

NOVA, he said many times he dosen't use stops.

Adam

I was right up there w/ you guys on covestor until i had the bright idea to try to go long on two stocks and got worked ;)

total_keops

Adam, you not not play such risky strategies as going long, lol.

batt88

Hey Tim, you keep mentioning that eventually we won't need you. I for one will always suscribe to your alerts, I believe I will never atain the knowledge that I'am sure took you years of anguish and perseverence. With all due respect we all appreciate and value your knowledge and transparency on all your alerts. Potential subsribers would also see some comfort in the fact that we still beleive in your strengths after learning much of you preach. Hope your having a wonderful time and a safe trip home.

nova

should i use flat fee tradeing in TOS or per share commission?

total_keops

nova,
it usually depends on the number of shares you trade. For bigger trades it's usually better to use a fixed fee and when you trade smaller size per share is better. I dont know about TOS but there is usually a minimum on the per share. Make some comparison based on what kind of volume you think you will do.

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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)!

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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%)