3 Important PennyStocking Points To Consider:
Posted by Timothy Sykes on Tue 2nd of Sep, 2008 03:11:28 PM
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Got this comment in an email and it brings up some good points:
Tim,
After following you for the first month (August 2008) I made 10%. This is after losing $10,000 plus in the last 2 years using so-called experts. I put $4,000 into Thinkorswim and now it is $4,400. I would have made more if I would have only listened to you. All of your trades I did through TIM alerts made me money and all the rest (on my own) lost money. I am happy with only 10% and here is why. If I do 10% each month after the 1st year I will have $12,554 before taxes. After 2 years $39,399. After 3 years $123,651. After 4 years $388,065 and after 5 years $1,217,927. Thank you for TIM alerts!!
The points are:
1. Yes, you most likely will lose following “industry experts”. This is a joke of an industry, sooooo easy to make $ giving advice to others, soooooo difficult to actually give good advice/be real…think about it this way, if everyone is so good, why don’t they write/blog daily to show off and prove why they’re worth listening to? Why isn’t the entire industry on transparent platforms like Covestor?
2. Don’t try to extrapolate PennyStocking profits. As I preach in my PennyStocking DVD, you just gotta take it one pump at a time, without any expectations. Expectations make you do stupid things. Like force trades. Like hold losers to try to make the losses back. Don’t give into that shit.
3. TIMalerts isn’t some magic system that will always yield profits–even if my track record suggests that. It’s just me showing you my trades in real-time, which are based on the variables I detail in my Pennystocking DVD and are the result of a decade of hardfought lessons and some truly bone headed mistakes. Lots of lazy people follow the alerts alone, but they don’t understand them. Go the extra mile, get my dvd so you can actually learn this stuff for yourself and you won’ have to rely on me anymore.
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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%)
most important thing is you can’t compound PennyStocking returns … because very few of the plays are highly liquid.
tim once talked bout “real” brokerage accounts that are easier to short sell shares.(the ones you need to have alot of money),not the online accounts.
what are those real brokreage accounts???
anybody knows???
please help.
goldman sachs, bank of america–
Online brokerages are known as “discount” brokerages because the fees are so much less than with GS or BAC.
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Take a look at GOCH.ob they are better than geek squad and they also opened up in all sams club locations. also signed a recent deal with HP. Research firm targets this company at $3. With all that being said a big stock promotion campaign is gonna be done here so the sellers are done and imo this is the bottom. do your DD and good luck
Also call their IR 862 596 8590
P.S. be quick though because once the buying starts this will pop quick as the float is so small its ridiculous. Easy 75% gainer from here imo!
Also in CROX at 4.20.. im giving you all an easy 50% gainer immediately
God bless you for your uninterested advice to all of us Garcia.
I swear I saw the SAME exact pump text as Garcia just posted on a Yahoo message board. Garcia is a bot.
other ‘real’ brokers: Merrill Lynch, Bear Stearns (oh wait, nevermind that one).
new post:
http://www.timothysykes.com/ad.....ual-i-wasn’t-greedy-enough-must-go-to-synagogue-to-be-better-jew/
goldman sachs are 5 million dollars minimum for a brokerage account and bank of america only have discount account I am going to check merrill lynch now