I’m Rooting For Hurricane Gustav, I’ll Tell You Why…
Posted by Timothy Sykes on Sun 31st of Aug, 2008 11:27:03 AM
Tags:
This weekend, I’m glued to the computer checking and rechecking THIS link to live track of Hurricane Gustav and you know what, I hope it’s massive…
Cuz as those of the 6,000+ of you who’ve read my book An American Hedge Fund know, natural disasters offer up superior trading opportunities. Stocks of junky companies spike up in anticipation of these storms creating demand for their shitty little products and the short term volatility can be staggering.
I’ve already got a few hurrican-related stocks on my radar so tomorrow night I’m gonna do a special post on the TIMalert subscribers-only website, TIMalerts.com, and send them a special weekend email so they can be fully prepared for Tuesday’s trading session.
For all you peeps too poor/cheap to subscribe, think you can guess the stocks I’ll be talking about?
Well, do you punk?
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
80 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%)
regular person translation: “get out of new orleans if your there, I hope nobody gets hurt,…. subscribe to my service……”
im hoping its not massive, the people of NO have been through enough! but you’re definitely right, lots of money making opportunities come about in natural disasters!
Clean Harbors (CLHB) has been on a tear, but it is not a penny stock by any stretch of the imagination.
IPII and GV have popped the last couple days. But GV is under a dollar.
This is a morbid mentality and completely insensitive to the livelihood, safety and happiness of your fellow human being.
There are plenty of trading opportunities out there, and there’s nothing wrong with taking advantage when mother nature hits, but to wish this upon another human being for your own profit potential is going way over the line.
Tim, you had to know that this would incite a deep visceral reaction, didn’t you?
i dont wish harm on anybody, i just wish for plentiful trading opportunities…as i say in my college speeches, the asian tsunami was a wonderful market environment. sentimentality or profits, choose one, u cant have both
You don’t have to wish for plentiful trading opportunities because they are always around but to hope that Gustav goes to epic proportions just to take advantage of that specific trading opportunity is just too much as there are human lives at risk.
You may not wish harm on anyone but what do you think the side effect is?
I hope that the ones that do decide to profit from this put those profits into relief efforts to help the people.
Tim, by “Rooting For Hurricane Gustav” and by saying “I hope it
If I would have been thinking Thursday, I would have at least shorted the entire market, ’cause I expected the hurricane to drag things down on Friday.
Now Tuesday looks like maybe a worst-case scenario. I like the idea of donating any profits to relief efforts. I will definitely do that if I end up on the plus side.
What, none of you people think oil companies aren’t hoping for the same? They love disasters like this because it limits supply which means they can charge more and make more money. Tim is only stating the obvious.
I said in my first response that there’s nothing wrong with profiting during all manner of economic events. It’s the gloating over the storm with no humility or compassion.
If Tim had simply pointed out that storms like Gustav present opportunities within certain sectors, and that we should be aware of what they are, then that would have been fine. But that’s not what was done here.
So Mr Proficient, are you saying that exhibiting such hubris is fine because a bunch of other soulless people do it, and so that excuses the lack of virtuosity and ethics? The words you choose, and the actions you take, and the mindfulness you display, say volumes of your character. And all I’m saying is that Tim could have gotten the same message across by choosing his words more carefully with sensitivity to those that are suffering.
So what if the oil companies are hoping for the same? what are you their dog or something? Just because its okay for them doesn’t mean its okay for you unless your moral compass is bearing in the direction then by all means ignore this.
meant “wrong direction”
*sigh* for no edit button….lol
Tim,
would e picks be 1-2 days hold? Just subscribed to TimAlerts. Am hoping they wont be intraday buy/sell types coz of e day trading limit crap.
Sure he could have been more tactful, but that’s not his style. JL, no I’m not some shill for oil companies I was merely saying there are people much more sinister in this world than Tim Sykes.
Will Gustav affect the financial sector? Any thoughts? I’m wondering if I should take my already 23% gain being long on ABK, or sell and buy back cheaper.
Agree with Zach Bass - post is insensitive, and just furthers the perception that the world of a trader begins and ends with profit - who cares about fellow human beings.
“sentimentality or profits, choose one, u cant have both”
Really? George Soros doesn’t agree.
I love Tim and his systems. I really do. But for those of you who are like me: poor, cheap to subscribe to TimAlert. Here is a link for Hurricane related stocks:
http://seekingalpha.com/articl.....gulf-storm
It took me about 5 seconds to find. Imagine if I pass 1h search…!
If everyone evacuates like they’re SUPPOSED to, there will be very little, if any, loss to human life so I’m not sure how rooting for the hurricane is inhumane. It is only the most moronic douchebags who stay that will lose their lives, and perhaps this is simply a demonstration of natural selection in action.
It’s amazing that after Hurricane Katrina, New Orleans wasn’t deserted. It is inevitable that massive hurricanes will hit a place like New Orleans and therefore it is totally crazy that such a city was built in the first place. Sure, maybe no one could forecast these storms when the city was founded, but you’d think people would get the picture after the first couple storms hit and destroyed everything.
Do sailors purposely navigate their ships into storms? No. Do pilots purposely navigate their planes into tornadoes? No. Why? Because they know that putting themselves into the path of a killer storm is deadly. That and they’re not retarded. How are these examples any different than purposely settling a region below sea level that is in the direct path of the worst Mother Nature has to offer? They’re not. My advice to the citizens of New Orleans: wisen up and live somewhere else, or continue to suffer the reality of these disasters while corporations and investors profit.
definitely not a good post Tim… You both can be a person with morals and a good trader! I think, it is just that sometimes, one does not need to take every opportunity which is there to make a profit!
think about it
best regards
snobtrader
I don’t think morals have anything to do with what he is talking about here. And Hugh has a great point. Should the hurricane hit land, people in the affected areas should have evacuated.
hey guys check this site out about the PDT rule… its a petition against it
http://tradersagainstpdt.com/
tim cannot yet change storm paths. hurricanes and death occur whether you trade stocks or not. but if u do trade stocks, it’s not respectful to make no money.
again, pennystockers aren’t the bad guys, we take advantage of opportunities already present. the bad guys are the ones who take advantage of a storm to sell crap products.
man this hurricane sux, im over here in mobile alabama and its not even rainin gustav is a fuckin pussy
Every time I read a post, I realize that TIM is becoming an even larger sellout (”I hope this natural disaster is massive so I can make money, BTW pay me $300 dollars and I’ll tell you how I’m gonna do it”). Tactless and insensitive to the extreme, Tim.
TMK and the other free PennyStocking bloggers for life!
You are a real piece of work Dude.
Calls em like I see’s em. What r u a piece of? Cornholio. Let me guess, somewhere between an anus and a pornographic picture of an anus. Here’s an alert, get your own life and you’ll have something to defend or just keep on pretending and blowing up your piehole on what you think is real. imho
As long as I can’t change things and I don’t have a significant impact on shit I don’t care.
Why should we not go long oil? Is it unethical?
NEW POST:
http://www.timothysykes.com/ad.....erview-on/
LOLOLOLOL u guys are soooo soft….”without humility or compassion.” yeah this is a trading blog, plenty of others gonna show compassion, here my goal is to teach others to profit from trading crappy stocks. this hurricane is one giant mother of an opportunity maker, i love it.
as for the seeking alpha article, as i wrote earlier, its the same as taking financial advice from a bum on the street, authors/writers have little to no credibility. none of that articles plays interest me in the least
trading is a battlefield, those who pray for mercy wont win medals of honor
no idea how long these plays will be good trades, even if they will be, have zero expectations
This is typical Sykes writing, so those who are disgusted by an interpretation of his words haven’t been on this site long enough. Sykes knows from experience that a stable market is a boring market with very few trading opportunities, so if there is any catalyst that will cause volatility (or attention to his site)—be it hurricane, tsunami, earthquake or a governor’s prostitute—he will talk about it. If any of you want warmth, humility and humanness, check out the Red Cross website, but please, take your self-righteousness elsewhere. As American’s we’re all granted the right to free speech no matter how obnoxious the things we might say. Tim’s just saying there are some huge trading opportunities coming up due to this more recent natural disaster and as a trader/blogger his main priority is to A.) think of trading ideas and B.) draw new attention to his website and hold attention to those who previously read his site by sharing his trading ideas. I truly would subscribe to TimAlerts because I see the high benefit vs. low cost basis to the service he provides, but since I cannot short stocks for the time being, I will not benefit as much from his Alerts since he does not provide Long recommendations as often. But with this hurricane coming up, Tim has already hinted through this post about which companies he will be looking into and I will be following his lead this time.
Oh, and if anyone truly cares about the soon-to-be “victims” of Hurricane Gustav, I invite you to shift your attention to other websites on which you can do a positive change:
http://www.google.com/search?h.....=f&oq=
Why call out Sykes for being an insensitive prick? It has been done many times already. He does not care. None of us do. It’s all about the trades and the money. I was personally BORN and partially raised in the New Orleans area, and yet I take NO OFFENSE to this post mainly because I do not interpret it in some touchy feely way. This is just one man’s opinion, insensitive or otherwise. Why do we always have to be ‘politically correct’?
All you apologists for Sykes’ speech are missing the point, and at the same time showing your own disregard for the human condition. Taking advantage of natural disasters and other anomalies that move the market is fine, no problem with that. In fact it is a sound strategy. That is not the objection to which so many have put forward.
The problem is the indignation, disrespect and insensitivity for those people that will be harmed by this disaster. Time could have made his point just as effectively without being so insensitive to those facing the destruction of their property, their livelihood, and possibly even their lives.
I’ll repeat, there’s nothing wrong with taking advantage of such situations, what is wrong is wishing that it is as bad as possible with complete disregard to the incredible hurt that statement may cause. Had Tim handled it more tactfully and gotten his point across without using such hurtful speech, I would have held far more respect for him as an investor and gentleman.
By the way, this has NOTHING to do with political correctness. I despise political correctness, and deem it nothing more than liberal fascism designed to spread the dogma of narrow minded people who want to exert control over the masses. This has EVERYTHING to do with being a virtuous, ethical, and compassionate human being.
zach STFU, read my 900 other blog posts and you’ll see compassions doesnt play a huge role here, go comment somewhere else for that crap
Hey Tim, I like most of your stuff and read your blog regularly. I just felt you stepped over the line here. And for the record, I believe the strategy is sound, just the timing and fervor of the message was inappropriate.
my guess is TAYD
Ben, I have to take Zach’s side on this one. As someone who’s seen disaster first hand, I was in Thailand during the tsunami and helped in the relief effort, it really changes a person and their outlook on life. Let me ask you Ben, have you ever cleared out a field full of dead bodies? I didn’t think so.
I realize that disasters shake up the market. It just could have been worded a little differently to not sound like TS is hoping for a huge disaster. After being in one firsthand, trust me, you’ll hope to never see one.
Dude, zachbass, like Tim said…SHUT THE FUCK UP.
You’re being a total pussy. When Mother Nature is in the driver’s seat, we humans have NO CONTROL over the situation. All we can do is get out of the way and hopefully think about whether or not living somewhere is worth the inherent risks of the area’s geography. Obviously, people on the Gulf Coast think the reward of living there is more valuable than the risk. Their decision was made a long time ago and they are now experiencing one of the negative consequences of that decision.
So, quit whining about compassion man, they brought this on themselves!!!
I can now Hugh Gass, since you have so brilliantly illustrated my point. And BTW, it is quite obvious that you know nothing of courage or lack there of. Calling me a pussy is ironically poetic justice.
nicely done again Tim, I have been following you for a while now(even got alerts for a month just out of curiosity) and I am continuously amazed at your consistent ability to “work the crowd”.
Look, everyone, Tim the meteorologist “hoping” for a big storm will do exactly the same thing as a trader “hoping” for a trade to go our way: NOTHING!
Tim is transitioning from penny stock trading to the much more lucrative field of IM(internet marketing).
What a disgusting & disgraceful thing to say. People’s lives & property are at risk & you want to make some fast cash. Taking advantage of a bad situation is one thing, but rooting for it is evil. Folks like you give Capitalism a bad name.
@ Hugh-others. It would be nice if everyone could just relocate. Unfortunately, some people are poor and can’t just move and buy another house. That’s why people stayed during Katrina. If your sick or there is no public transportation , not everyone has cars.
well punk was it a cat 2 or a cat 5 . . . how many changes did i use in the catogory of this storm .. was it 6 or 8 . . . what are the chances that it will track in the least damaging corridor . . . what do you think well lets go YOU FEEL LUCKY PUNK i hope you shorted oil
tao jones
karma = what we use to run over a dogma
Let’s let the reader’s here settle this…
If you think zachbass and others are right to bring the issue of compassion into this investment blog post, reply with “1″
If you think he is being a total pussy and is totally off topic, reply to this post with a “2″
Hey, wait a minute….. uncaring, unfeeling, selfish, unscrupulous, greedy, immoral - Tim must have been the real life model for Gordon Gecko? By the way, characteristics such as having no conscience and the inability to empathize with others are the telltale signs of a sociopath.
I think you must be a democrat and that says it all. I believe you must not have cared after 9/11 and I am sure you must have made a lot of money. Shame on you sir. I am an American first and every thing else comes second.
Tim isn’t taking advantage of people, he’s taking advantage of the scum that are taking advantage of people. Hurricanes make scum crawl a little further out of the cracks and shadows.
As for the seeking alpha picks, I did my own research on them and guess what happened to all of them after Katrina hit at the end of August, 2005? Random price changes. Some went down, some went up, some stayed the same. In other words, no big get-rich-quick-in-a-day ideas there.
Tim Bitch-
Why did you remove my post about rooting for a second 9/11 even if your family becomes a victim of it? Screw catastrophes…screw the loss of human life…screw morality and compassion…PennyStocking is all that matters! Isn’t that right, Tim?
vote 1
vote 1 again
“vote early vote often”
richard dayley
daaaaaamn what a bunch of pussies, cant wait til i get the opportunity to piss u bitches off again