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StockTwits Investors Are Biiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiig Time

Posted by Timothy Sykes on Wed 17th of Dec, 2008 08:47:35 AM
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Remember when I announced my investment in StockTwits waaaay back….a few days ago?

(Of course I’e been a fan of Twitter (follow my updates HERE) for a very long time….actually 9 months today)

Well, now thanks to a great post from Roger E. we discover there are some others involved too and they are biiiiiiiig time:

James Altucher: Founder, Stockpickr; Columnist at TheStreet.com; author; hedge fund manager;

betaworks: A leading NYC-based early-stage media and technology investor; Investor in Summize, sold to Twitter;

Bill Bishop: Co-founder of Marketwatch; based in China, provides 24-hour perspective;

Eric Bolling: NYMEX trader and Board member; Financial Analyst, Fox Business News;

Gerry Campbell: Former President, Search & Content Technologies at Reuters; SVP of AOL Search;

Michael Parekh: Former Head of Global Internet Research and MD, Goldman Sachs; uber-blogger;

Todd Stottlemyre: 2-time World Series Champion pitcher, stock fanatic and active stocktwits community participant;

Rikki Tahta: Co-founder, Covestor;

Alan Warms: Former VP and GM of Yahoo News; Founder, BuzzTracker, sold to Yahoo;

Yah that’s right, I’m in there with a former managing director of Goldman (a guy smart enough to have sidestepped the whole mess by banking and getting out), one of the great energy traders of all time, a guy who co-founded Marketwatch and some other distinguished peeps…

….like UpsideTrader who is a former hedge fund manager who has good plays but still somehow can’t/won’t signup to Covestor to try to dethrone me as the #1 ranked trader–how long has it been now, 6 months–out of 15,000+ (yeahhh, what, stop only Tweeting, bring your verified trade numbers already!)

Anyway, with this list of business superstars, I think the odds of success are tilted in our favor…ain’t gonna be no CYGT this time around, especially since I’ve learned to take smaller positions so as to reduce my risk!

And yesterday I actually spent a few hours with StockTwits new employee, Dr. Phil Pearlman (follow him on twitter HERE), former hedge fund manager & an expert on social psychological dynmaics (which really means he just likes playing God)…great guy, left his fund for this venture….

…so there are lots of excited people, it’s very very early in the game and the opportunities seem endless, especially once you start considering premium services that soooooo many others in this joke of an industry have somehow let pass them by.

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  • DAMN! Now I'm excited!
  • Alex
    I just don't see how such a niche website service, is going to provide massive profits for all those guys. Especially when it has no real revenue generating business model, and isn't the type of site to be bought by Fox etc. ??
  • Scott
    So, how does one go about investing in this company then ? What´s its ticker symbol ?
  • buyout is probable but never underestimate the value of premium services, hell i'm doing $50k/month on basically 2k daily visitors and i trade the smallest niche out there....imagine premium stuff for all kinds of investors/traders on 20-50k daily visitors...thats millions
  • ticker is TWIT, just kidding, its a private company!
  • younggunz
    Yeah I think this was a good move for you...They always say invest in what you know and this is something you know...Been around twitter a long time and you know whats out there for market share which is pretty much no one. I also think this is the right place and the right time for something like this to go big. The market will most likely be volatile for the next few years and a lot of people are going to be leaving the ho hum buy and hold investing for actual active trading.
  • BillT
    Wait a second...you continually say don't trust anyone on wall street, they are full of b.s., etc etc. so why should i give two sh*ts about any of these aholes being on some stock twitter thing. I love you Tim and think you're awesome but just stick to hyping your dvds and not your other investments. Happy holidayz!
  • woah bill, did i say trust anybody on stocktwits? i just think its a great setup/infastructure and will really help those who do have good message get their word out
  • younggunz
    Many of those people are not traders or part of the industry. Many are previous innovators of web 2.0 products that have been bought by bigger fish others are labeled more accurately as good venture capitalists. Its not like an IPO or anything it is still a private company and the game is a little different.

    Some are owners of other trading and investing companies but that doesn't make then good stock pickers too. Just previously successful owners of companies similar to the market that stocktwits hopes to cater to.

    Having big name owners and investors doesn't hurt either, even wallstreet was rocking and rolling when everyone jumped on the bandwagon of toxic mortgages and mortgage backed bonds. Just need to know when to get out with your winnings.
  • Gio
    Ha! great post. Nice call-out on UpsideTrader there. I'm struggling to just knock him off the TopTalker on stockTwits. Twits too much. lol.

    Pearlman is a cool guy.

    See you on StockTwits!

    -gio-
    theHawaiiTrader
  • uhhh arrogance was so 2006, now its just about making $ for my subscribers and myself
  • jusblaze99
    Tim,
    what is all this twitter talk like some kinda test for ur readers?? is this the guide to how not to get fooled by a hyped up early-stage-soon-to-be penny stock (promoter played by u)?? dude, not tryin to be an ass or anything, but if u blow another fortune on some speculative long term microcrap investment.... if that happens, ur next dvd will be titled "value investing- part doodoo"... i like u but come the fuck on man, keep ur head on str8 this time.
  • this is a speculative position with a very small portion of my assets...in niche i know an understand with a product i use and love
  • Jay
    While I know ebol and altucher from what i hear is a great guy that i apparently tend to agree with alot although weve never met,

    I have to disagree on this one.

    Do not get me wrong, stocktwits is a promising venture and it has a chance to take off. I just see no revenue unless you attach a seporate stream to it, might i suggest finding other people to put in the outher recources tab, expecially linking into subscription based links, or for example, real money from the street.com, with an easily trackable link so that you can get referral fees,
    In addition to this, i would consider a top tweet webcast where you can sell space. That would just be me though.


    Overall, once again the site looks promising, but unless you identify a true income source, you are likely to lose money on this venture.
  • ha why do financial people have so little imagination? i can think of more revenue streams than non-revenue streams...u'll see
  • Good, now make sure they put them into action Tim, The sooner you do, the sooner you stop losing money.

    Just remember, now that you are personally invested, be smart and have a mentor look it over every once and a while, to see if it is a lost cause Otherwise you may find yourself plunging 250k into a dead project.
  • Just know that any company (for a reasonably small amount of money) can use a twitter api to do that, then a little bit of code to attribute it to stocks,

    The key to making it on the internet is being the verb/noun, (Ex. Hey did you tweet this, or google it, or whats your myface or facebookeven if they dont mean everything) This site has the potential to be great, just DONT LIMIT IT.
    and for the love of god, advertise while the industry is young.
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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)!

TIM Trades

View All
Date Stock Buy Sell Net
Nov 19 AENY $2.80 $3.02 $1148
Nov 18 NLST $4.16 $4.40 $947
Nov 18 IMGG $1.42 $1.64 $2094
Nov 17 NLST $5.04 $5.59 $2195
Nov 13 VRMLQ $21.50 $22.97 $2901
Nov 11 EONC $2.61 $2.80 $687
Nov 10 EONC $2.74 $3.36 $9784
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: $98,094 (681%)