How I Made $500 & My Subscribers Earned $10,000+ Short Selling Arena Pharmaceuticals, Inc. (ARNA)
Posted by Timothy Sykes on Thu 19th of Feb, 2009 06:58:20 PM
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As I said in my post yesterday, the reason why I shorted 2,000 shares of ARNA at $5.98 was because it had the perfect setup that made me think it was going to $5 to $5.50 today.
Right now, I’m not going to get into that setup, I’ve only explained it 364838473 times and have made several instructional DVDs detailing this chart pattern and several others which have made me millions over the past decade (and I’ll be discussing them for FREE this coming Sunday morning at the NYC Trader’s Expo)
So just check out the chart pattern, compare it to those in my original post and, most importantly, look at the TIMalert subscriber testimonials below….yes, contrary to what a few penny stock promoters claim, we are accepting new members! (a few people actually told me promoters were telling people I’m not letting anyone else, absurd, right? Hey promoters, I love your work, I’m not against you, I want you to pump these pieces of crap as much as possible! (Especially you PSPM pumpers, pleaseeeeee!))
(TIMalert subscriber testimonials add up to just over $11,000…so far, some didn’t want me blogging about it, apparently, I’m too boastful, LOL!)
“Made $4,356 practically overnight, can’t thank you enough” - J.J
“Hi Tim, In at 5.92 out at 5.56 $90 profit!! awesome thanks :)” - spit
“Covered ARNA @ 5.56. Total profit on ARNA…$280.28. Thanks, Tim! This $280 from ARNA is gonna tag and insure my truck!” - WT
“Profit of $66, this begins to make up for you kicking me out of LiveStock last week!” -D.F.
“Nice call on ARNA- in at 5.92 out at 5.50″ - nmeyer
“$180 profit, good for now THX Tim.. BTW get subscribed yesterday. Well done!” - O.M.
“Shorted ARNA from 5.85 to 5.36… +$780” –examine
Covered 2000 at 5.4 from 5.88, 940$ profit after commissions. Thanks Tim.
PS I only made $5.26 because like the bitch that I am lately, I covered my 2,000 shares at $5.70…scared the breakdown wouldn’t hold…scared my recent losses aka as I say in my instructional DVDs, I just know the setups and the game very well, but I’m not that great a trader, you can do better than me!
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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%)
