Chariots Of Fire, In The Form Of Low Priced Stocks

Posted by Timothy Sykes on Thu 18th of Dec, 2008 08:53:20 AM

Tags:

I don’t know what set it off, but PennyStocking is on fire right now!

Look at the chart below and see how it’s not random nor is it very tough to predict what’s gonna happen to these stocks…after all the chart patterns are EXACTLY the ones I go over and over in my PennyStocking Part 1 and PennyStocking Part Deux DVDs…

…and if you’re too lazy to learn from my incredibly detailed instructional DVDs, I’ve already sent out and posted on the TIMalerts.com subscribers-only website my takes/analysis on these stocks for today, and you might be surprised as to my conclusions (Signup now so you don’t miss tomorrow premarket watchlist or any of my real-time trades on these suckers!)

And yes, you’re reading this correctly, these are only 5-day charts:

Spread This Post:

TIMstore Monthly DVD Specials:

See all TIM DVD specials HERE

Related Reading

Could This Penny Stock Be Setting Up For A Bigtime Breakout? September 22, 2009
Welcome To The Future Of Charting & Technical Analysis, Introducing Chart.ly April 24, 2009
15 Low Priced Stocks: Buy & Short Sell Some, Avoid Most, Despise Them All! May 6, 2008

Tim

Tim,

Got two question for ya.

1. Do you go "all-in," on every trade?
2. Do you think you'd be able to get the same returns if your account was larger, say, 75k... or would it to be hard to get in and out of the momentum stocks like you do?

Let me know.

Tim

Timothy Sykes

Tim, check out my DVDs, both questions--and many many many many many more--are answered there:

http://www.timothysykes.com/store

msix

For now ANSV down about ~30%, DVAX up ~8%, NVD up&down&up ~9%, NG down ~15%, RVI up ~5%.
Trends looked similar untill today, now it haves each self behavior.
Is there a point or smthng?

Timothy Sykes

msix, all have different variables involved, as my timalert subscribers know...the key is understanding and reacting tot he diff variables

Timothy Sykes

new post:

http://timothysykes.com/2008/12/18/11-stocks-th...

AdamN

ANSV was a fun one. I didn't play even close to perfect and I banked a total of $2800 playing it long and then short. See trades below.

12/16/2008:
Long 20000 @ $0.30
Sold 20000 @ $0.4125

12/17/2008:
Short 2000 @ $0.925

12/18/2008:
Cover 2000 @ $0.65

greymatter

Congrats, AdamN.
Did you go long because it broke the round number .3?

And did you go short because it looked like it could go to 1?

AdamN

I went long because it had positive drug test results, nothing to do even number on that call. These drug stocks can really run, especially one that started out at $.10

As for the short, you'll notice I waited until the stock dropped under $1 and was almost red on the day before I entered that short. That gave me the best risk/reward since it was way off it's highs and broke the $1 mark.

greymatter

Thanks Adam.
Do you "know" stocks like Muddy do? As in, have them printed in your mind and knowing when they start to run?

For ANSV, it is a new stock, but I guess once you know enough stocks, you get a general idea?

AdamN

No, I don't really know the stocks like Muddy does. I do know, however, that a beaten down drug stocks with positive drug test results can really soar (think 100% - 1000%) in a matter of days, that's why I jumped in ANSV.

I am at the beginning stages of recognizing how stocks move. For Instance, I caught XL today when it broke $4 and rode it to $4.50 because I knew from past experiences that it could really fly when it starts to move. It's all about learning the general patterns like Tim outlines and then fine tuning your skills by recognizing past movers and the factors that influence them. Of course the fine tuning comes w/ experience, but every week I pick up something new.

greymatter

hey adamn, Thanks for answering my questions.
Do you use the scans that muddy and 13th use? As a newbie, I find it overwhelming even to watch 2-3 stocks a day. And these pros can do hundreds from their scans.
What do you use for finding worthy stocks to watch?

Muddy

Adam...
Great short on ANSV.
I almost mirrored your trade,shorting from .92 but holding overnight.
Just me but I see even more downside.
DVAX was a beauty on the 2 crack...shorted at 2.03 in anticipation of that crack,rode it down to 1.37.

Hope these huge junk fliers keep coming.
ARSD was so easy it was a sin..arabian american development co.?
from .49 to 2.50 in 6 days? huh?

greymatter

Muddy, how did you come to know ARSD ? Was it a previous dayranger that appeared on one of your scans?

Or did you hit the hod/lod list or got jittery and you liked its price volume action?

Thanks Muddy and Adam and all the great guys for sharing.

AdamN

Great trades Muddy, it's been a wild ride as of late w/ all these boomers, gotta love it.

greymatter, I get my plays mainly from Tim's or Muddy's site, I just let them do all the work, then plagarize :) If you have a small account just look for the best setups and narrow your choices down to only a few if you are limited by PDT.

Once you start losing or making money on these stocks, they'll start being engraved in your memory, trust me.

Muddy

Hi Grey....

It was on my scans (you can find how I find them on my darkside blog listed under "important posts")on 12/16 http://darksidetrading.blogspot.com/2008/12/wat...

Plus,yes we saw it on the scrolling hod list

I saw the 1 cross and said..

[Tue Dec 16_13:11:25 EST 2008] Muddy ARSD borrows on ib,when reverse starts
[Tue Dec 16_13:11:45 EST 2008] Muddy ARSD right on 1
traded it long from that 1 to 1.35
[Tue Dec 16_13:13:22 EST 2008] Muddy ARSD might climb that 1 mark
[Tue Dec 16_13:37:22 EST 2008] Muddy ARSD 1.17
[Tue Dec 16_14:03:30 EST 2008] Muddy ARSD maybe ready for more at 1.18
[Tue Dec 16_15:09:19 EST 2008] Muddy ARSD not done yet 1.27
[Tue Dec 16_15:28:56 EST 2008] Muddy bid up ARSD
[Tue Dec 16_15:29:13 EST 2008] Muddy get it over 1.50 i hope

And yes that day ARSD was way jiggy on the BxA sixe/exchange action,when I see that on a momo,I can almost tell it's got more,you see I say "bid up" at 1.27,that meant the pps and ask were standing still but bids rising.

So to short I was just waiting on a sign of red hold,like I had said IB had borrows and I got them,got the reverse and worked out well from 2.40 to near eod 1.45 for 40%.

35% long,40%...75% total just keeping it simple and using scrolling hod list AND those scans..on a junker like this ,ones that come along way more often than you'd think...no matter the market enviroment

greymatter

Muddy and Adam, thanks for your answers once again, appreciate all your help.

Yes, I do see "How I find darkside watches" on your darkside blog. It is amazing that you can go BOTH long and short on these stocks with 15-40% gains over the past few days.

Congrats. I am still new and learning.

blog comments powered by Disqus

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)!

Join TIM

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%)