The Latest TIMalerts Winner, Subscriber Gains Are $50,000+, Today Is A Great Day!
Posted by Timothy Sykes on Thu 25th of Sep, 2008 03:22:45 PM
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Crazy day of trading, mainly cuz the main stocks I was watching SIL and QCOR, both hit the key points I was looking for so I took the appropriate action, shorting 2000 SIL at $2.98 when it took out support at $3 right near the market open (was gonna beat the crowd at $3.05, give TIMalert subscribers a head start, but Safari sucks and shuts down randomly, grrrrr)—as I alerted TIMalert members, I was trying to profit from a fully predictable morning panic (stop losses are a bitch when a stock is up 400% in a few days), after preparing them in the premarket watchlist I also sent them—and buying 1,000 shares of QCOR at $6.98 after it showed me it could convincingly breakout above $6.85ish area—the area at which I’ve been posting for several days was the true beakout point…
QCOR failed to do much so I sold my shares for a $50 gain…stock is still holding up above breakout, but it’s really boring and I don’t care to waste my day away for a lousy potential $300 or $400—after all, I’m up $2,200 in 2 days and up to my eyes in emails and Pennystocking DVD and ShortStocking DVD orders. Gotta know how to manage your time as a trader. Maybe QCOR will do something more tomorrow, I don’t know, I like quick moves and this one drives like Morgan Freeman in Driving Miss Daisy…
And the SIL breakdown was a quick, like I like, within 5 minutes, I covered at $2.65 into a beautifully liquid breakdown, didn’t have to cover so quickly, taking out key support is longterm (1-2 days) bearish, stock hanging around $2.50 all day..still pretty satisfied with an extra $600 profit from this one…obviously coulda woulda shoulda just held from my initial short at $4 and woulda made $3k, but I made $2k my way…do whatever works for you.
And my strategy is working for me–now up 15% on the month, up to $28,900, or 133% in the last 11 months, and that’s not even as important as how my TIMalert subscribers are doing, see the awesome testimonials below that only add to yesterday’s few dozen or so:
Reaper: still short a bit of SIL, but up about $19k on my realized trades
Reaper:total tim profit over $40k
Covered my entire position on SIL today. Total net gains were $3,225. By far my best trade I have ever had since trading stocks. I am up 80% in total since joining TIMalerts! I just may be the next lifetime member if I can keep this up!
-AdamN
Shorted 3,000 shares at 4.01 held overnight covered at 2.58, thank you.
-Gburl
Tim, great call and timing here on SIL. Shorted 4000 shares yesterday
at $4.11 and held it until the drop today to $2.63. Total of $5920
profits, my second biggest gain ever.
-Dan
notesguy88: made $400 today
kusumo: $1300 realized so far on SIL, Tim. Still have open short position.
TheParadox: $2500 unrealized
Tim, SIL shorted at $3.8, held overnight, covered at $2.61. $4,000 profit. My second short ever. First was DTG. Thank you TIM.
-Dan
Made $400 on SIL today. :-)
-NG
Thanks Tim shorted 3000 shares of SIL at 8:35 am CST and covered those 3000 shares at 8:48 am CST for a profit of $1134 after commission.
-cash
Tim, You are the man! This pick was awesome Bought @ 3.80 yesterday. Sold @ 2.60 today. Few hundred profit.
-Tim
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Other Websites Referencing This Post
- TIM - Timothy Sykes » » 8 Stocks To Watch & LiveStock Today At 1PM EST!
- TIM - Timothy Sykes » » 8 Stocks To Watch & LiveStock Today From 1-2PM EST!
- TIM - Timothy Sykes » » How Are Other Traders Doing Right Now?
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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%)
Yay! I’ll go out to dinner to celebrate tonight, but because I’m cheap it will be Olive Garden using a gift certificate. Booyah!
short at 4.20, 3.29. and 3.10… total account up 50% in 2 days, plunged on this.
shorted at 3.30 covered at 2.60. small position but big gain for a small fund.
Opera is very stable on Mac and make sure you do the Java Update posted yesterday ;)
Holding the following two Stocks from the watch list over night:
QCOR - in long @ 7.05
UQM - in short @ 2.55
LOL Reaper
Chase is buying Washington Mutual? You got to be fucking kidding me. I just opened an account with WaMu. I hate Chase. Anyway, anyone thinks this can increase the WaMu’s stock price?
Posted the below at in the wrong place I think, anyways all you shorts can take a look at it, lets wait and see if this baby drops…..I dont have any postitions, in case you are wondering….good luck shortys………sorry ticker is PPC
http://timothysykes.com/2008/0…..y-15-gain/
WaMu is GONE. Shareholders GONE. FDIC takeover on a Thursday night. GONE.
SEC raped struggling companies in the ass by banning short-selling financial stocks:
http://online.wsj.com/article/.....77243.html
When will the Screw Everyone Commission learn??????
Millionaire pick for tomorrow:
CPSS short
Fact: a specialty finance company, engages in purchasing and servicing new and used retail automobile contracts.
Stock doubled in last 6 days with no news!! Crappy company with crappy chart. Reserve your shares, get ready to short.
Got greedy and gambled…lost $400+ on WM long bet…thinking about you right now Tim…you tried to warn us.
Lesson learned the hard way.
is there going to be a Livestock show tomorrow at 1pm? sorry if this is posted somewhere but i dont feel like fuckin fishing around for hours to try to find the post that may or may not exist with this info.,
thanks.
yes there will be livestock tomorrow 1pm!
http://www.mogulus.com/livestock
check it out.. new webiste and design, a real domain now. i used to have www.andydearden.blogspot.com but now i have www.andydearden.com… Thanks and check it out!!!
hey tim on your front page where you list your stock and prices. (on the right hand side). can you make red or green depending if you bought the stock or shorted… its the same color now and sometimes u see buy come before sell but people might get confused.. we all know you short, but it would look better imo
just a thought.
just read the related blog post and u’ll see what kind of trade it is…not gonna bend overbackwards to make shorts so obvious, the whole industry is against it so i gotta teach u life sux when u’re a short
Timmay LiveStock today???
see comment #14
new post:
http://timothysykes.com/2008/0.....1-2pm-est/
hmm…looks like my 25/Sep pick on PPC was a good one, it took the plunge, wonder if anyone rode it ?
I don’t understand what you guys mean by short and holding til the drop. Am I just retarded or does it sound like people are buying at a price and selling at a lower price? Can anyone explain to me the process people are talking about on this page to make gains?
QCOR in AH up near another possible break out and with 15% float short and under water could squeeze pretty nice if the market can get some legs on Tuesday.