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All Hyped Up Penny Stocks Are Rotten: A Lesson Brought To You By Zynex Inc. (ZYXI)

Posted by Timothy Sykes on Tue 4th of Nov, 2008 04:09:06 PM
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Ever since I began running my mouth that 99% of penny stocks are frauds/schemes/destined to fail, I’ve hit a nerve with the mental midget/illiterate/incompetent/ignorant/inbred swine who actually fall for this shit over and over and over again.

Once you accept how poorly run these companies are, you’ll discover that it’s really not a bad thing, in fact this corruption is a big part of why PennyStocking is so easy/profitable, but it’s still kinda like telling your retarded brother there’s no Santa Claus and having to listen to him moan all year long about it.

The latest reinforcement to this golden rule comes in the form of today’s price action on ZYXI:

zyxi All Hyped Up Penny Stocks Are Rotten: A Lesson Brought To You By Zynex Inc. (ZYXI)

…a company which I’ve repeatedly ripped for their BS/fluffy PRs and blatant stock manipulation. I ripped on them in this post and even named them as my #1 short pick just a few weeks ago when I was in Vancouver with Johnny Chow (see the second video in this post, Chow knows I picked it short, he even did a little graphic!), which just got bitchslapped by Anthem, a major insurer, who not only says ZYXI owes them $, no longer will they cover ZYXI’s products.

Busted!

Now I don’t give a damn whether ZYXI is at fault or this is just bad luck, the point is that something ALWAYS trips up these tiny companies, learn to anticipate it.

PS Although I’ve always thoroughly despised ZYXI, I couldn’t find any shares to short…of course, I didn’t look too hard as this news just came out of the blue.

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  • Joker
    Ur clock is wrong Palion and Timmie, by the way I need a website, got any more samples?

    Rally, rally, then short, short! Right Timmie?
  • direhack
    On a different topic, has anyone else received a plush monkey from Thinkorswim? I got mine today, it's a nice touch from them.
  • marmary
    tim…
    i had signed up 3 weeks ago for the monthly alert..if i cancel now will i get a refund?..i need to stop my losses on you!
  • no marmary, u get no refund, i did the work u paid me to do...i dont know how u didnt profit from APWR, RBCAA, OCCXD, ISRG and FEED, but maybe trading isnt your thing
  • Vestor707
    Hey Direhack,

    Think we can get Tim to sign our monkeys?
  • younggunz
    I got one when I signed up as well. Surprised no one commented about them before.
  • marmary
    you dont get it...i signed up on 2nd week of october..all those trades you mentioned except occxd where before that!
  • ok then hsni occxd and evc were big wins...doesnt really matter, its a short time period, just gotta take it one pump at a time, if u're not willing to do that, then just dont trade like me
  • Brian
    Yo Timbo,

    Thanks for the heads-up on LNG...way too much debt to sustain the recent price action. I made 50% on my short option position today!

    Keep up the good work!
  • leadpimp
    Hey Tim,
    Why only two stars on covestor?
  • AaronMariano
    I got my money yesterday....love it
  • this only goes to show you guys that there are more plays than shorting into strength... I have written several posts on the value of shorting into weakness on high volume, too bad I was voting this morning and couldn't catch this one

    What is the point of posting that this stock dropped? No one here profited from it... this is a somewhat esoteric post, declaring that certain stocks drop... no shit sherlock... why didn't you send out an alert?
  • the point is that ALL these stocks drop eventually, no point in denying that...but now the thehell would i send out an alert on a stock i couldnt borrow, should i start making up trades to satisfy idiots like u? no
  • bill
    people stop paying this fool, he only makes money from your monthly fee. He cant live off making 200 dollars a trade....
  • billy boy, i made $4k last month or 14%, putting me up 165% on the year...go ahead and follow ANYBODY else who is down 20, 30, 40% on the year...go ahead i dare ya, i won lose any sleep, plenty of people who actually wanna follow someone who wins the majority of the time
  • bill
    again who cares, Timmay.........u can make or lose whatever there is no cost to u its all about getting unsuspecting people to pay u ur monthly fee. Which in and of itself is a great biz model but there should be some value add other than throwing a bunch of shit on the wall and calling ur subsricbers idiots for not getting out immediately when it goes against u.
  • bill
    and if u think otherwise trade with real size and put ur money where that huge mouth is..............
  • theres trades every now and then with size down here in the gutter, just too rare to make it not worth my while to help others make thousands. u just odnt get it, 90% of traders lose $, 99% of gurus are full of BS, its a friggin cakewalk to joke of an industry dominance, by no means do i have to be perfect, nor should i be expected to be that way billy boy
  • bill
    "90% of traders lose $, 99% of gurus are full of BS"...something we can finally agree on, ill stop busting ur balls now but i would never expect perfection, but to treat customers like shit is a joke to me......
  • customers who dont learn/follow the rules, deservedly lose and then blame me...i dont want/need customers like that
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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%)