How I Predicted A 20% Down Move In A Stock & My Subscribers Made Thousands Of Dollars From It

Posted by Timothy Sykes on Wed 4th of Mar, 2009 03:05:53 PM

If it seems like lately every day I have a post featuring my TIMalert subscribers profiting from my picks, it’s because they are. This is a great time short Penny Stocks because it’s soooo easy–after all, if GE, once the world’s largest company, is having problems staying in business, these little pipsqeaks haven’t a chance.

Especially when they’re up against falling commodity prices…and the failing economy…and when they’re running low on cash…and of course my favorite when their debt is waaaay too high, in which case, they are tiny tiny versions of our failing economy.

Bet enough talk, let’s get to what I sent TIMalert subscribers the other day and how it played out:

Trying to short 5k XTEX Here at $1.70…my first trade with my new interactive brokers account, somehow getting canceled, i dont understand it, supposedly 40,000 shares available to short…pisses me off but this is another MIC-situation where the company reported horrific earnings, $1.3 billion in debt, these guys are even exposed to ugly oil/natural gas, probable MIC-type stock price failure over the next few days…i’ll let u guys know if i even get an execution, no wonder why i like Thinkorswim so much better!

That was right around 3:30pm & the stock closed just lower at $1.68 and I never did get filled because IB sucks! (And I’ve gotta get used to the fact that while they have better borrows on these hard-to-borrow names, their customer service and platform pale in comparison to my love, Thinkorswim.) But several of my TIMalert subscribers, like my theory (MIC dropped 30%+ 3 days in a row after their earnings conference call), took the plunge and shorted.

Yesterday, the market/stock started strong–trading at $1.95 premarket and scaring my subscribers (and me, even though I had no position), so many of them covered around the open at $1.70, in fear that a 50% one-day drop might have been too much….basically small losses of 5 cents/share or breakeven. But some held…

And, as you can see from the 2-day chart, that 50% drop was just the beginning–just like MIC:

continue How I Predicted A 20% Down Move In A Stock & My Subscribers Made Thousands Of Dollars From It

Of course, anybody whose watched my instructional trading DVDs knows that earnings are just about the only fundamentals variable I care about,s o just as I buy stocks breaking out on strong earnings–HRZ, SFLY–I look to short those breaking down on terrible earnings, especially those who appear likely bankruptcy candidates.

So, check out my instructional trading DVDs, learn the lessons that took me a decade to put together or sign up for TIMalerts so you don’t have to learn, you’ll just continue to be knowledge-less lemmings, unable to adapt to changing markets & patterns. Whichever you prefer is fine by me. The three TIMalert subscribers who really banked on this are all DVD students, 1 even did a 1-on-1 coaching session with me:

Net profit on XTEX was $1354.25 -tbohen

…was definitely sweating at first, but ended up with a $746 profit for the day tim -L.M.

Held on until $1.50, sweet $630 profit from my $1.68 entry, thanks Timmay! -George

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  • DayTrader
    Why do I have a feeling you keep making up all these comments?? Whats us to believe that these arent some made up comments? With all respect ur service is $100's a month and by posting these so called "testimonials" u convince people their $300 will be made up in a day or so..

    Stop decieving people please.. your good in what you do but dont start all these stupid commercial pranks

    Haly
  • timothysykes
    making testimonials up? no i'm not a piece of crap finance industry freak...1) these are real 90% are lifted from my subscribers only timalerts.com website so u can see for yourself, the rest are emailed to me 2) u can see form my daily watchlists which i post for free that my stuff is right more often than not and 3.) my whole thing is transparency u friggin morons, it does me no good to make up even 1 testimonial
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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%)