LiveStock Today 1-2PM EST, 16 Penny Stocks To Buy & Short Sell & How TIMalert Subscribers Made Nearly $20,000 Yesterday…No Joke

Posted by Timothy Sykes on Fri 8th of May, 2009 11:55:34 AM

This was sent to TIMalert subscribers at midnight so they could be prepared for today’s trading session:

LiveStock is today 1-2Pm EST live from my New Orleans hotel room, bring it! Not gonna lie, I might be drunk…tune in HERE

TIM trading account $48,825 +$987 in May, lost $314 yesterday, no positions

Longer Term Account $51,291 +$130 yesterday, up $1,291 in May (started with $50,000 on May 1), no positions

See my Covestor account and know that I’m a real trader

Lots of testimonials once again, perhaps our most successful day ever….so I’ll always put them on top from now on to make it less confusing for you guys:

Thanks Tim for this amazing TIMfundamentals DVD. I watched it over a weekend and made notes. Had two out of two successful trading days making between $300 and $400 each day just by following the research strategy outlined in this DVD.
-Gary

Spend the $30 a month for the TIMalerts then you will make the cash for the DVDs(which are a must have). I am up to 3k from a 1500 start and would be up to about 4k if I didnt make so many dumb moves on my own. I already bought the full year of TIMalerts, PennyStocking 1 &2 and it didnt cost me a dime.”
-Patrick

Just covered my entire position in CPSL at $2.46 from my $2.87 short entry. Total net profit was $1600! This gain puts my account over the $20k mark leaving me a current month profit of 13%, year-to-date profit of 43%, and a personal best 177% return since inception of my account.
-Adam N.

Covered 5782 STXX @ 0.81 after shorting at 0.91 for a gain of $ 578
also shorted more today 2800 @ 0.86 and covered 700 @ 0.75 after hrs. $77 gain bringing total realized gain on the day to $655 and with unrealized at $220
-Andre

covered CPSL at 2.65…..out for a $250 gain
-Travis

Covered $CPSL +$795.00
-T. Bohen

$315 net on CPSL. Shorted @ $2.76, out @ $2.64
-S.G.

i got 4000 LEA at $1.68 as it was breaking out its high and out at $1.84 profit of $640
-wallie

Just sold my SIXF at .588, up $1600
-Jeff M.

I’m out of VNDA @ 7.98. Shorted @ 8.17. Took $76 profit. Thanks Tim.
-Scott

Covered my STXX for +120. Great short Tim
-T.B.

Sold my 2k AINV position from Tuesday @ 6.55 for a net profit of $934. I bought @ 6.07. It might go higher but I can’t stand watching the 6.50-6.60 level all the time.
-Nifri

just made $2373 on ctic Thanks SRT
-Scrill

I sold my 4k of sixf this morning @ .43 for a $620 gain. Guess I should have been a bit more paitent
-Pat M.

1/2 gone at 2.65 booked +330.00
-T Bohen

Out SIXF with a net gain of $587. Thanks SRT.
-Nico

in 5000 SIXF at .27 out at .475 $1006 profit. SRT thank you so much, it is the first time I booked over $1000 profit since I started trading 6 months ago! Happy Birthday!!!
-Serg

sold SIXF 3000@ .55 netting $750. gracias SRT
-BuckeyeTrader

MCTH is my top potential short, total piece of promotion garbage, complete with one of the worst fluff press releases I’ve ever seen…amazing this stuff works, but I guess it’s not what you say to pump, it’s to how many people you say it to that matters..20 cents to $1.20 in a day is laughable, this will be under a dime within a few weeks…good luck finding shares to short and let’s pray these promoters do another round to get it to some truly ridiculous price like $2 to give it more inevitable downside!

STXX faded nicely throughout the day yesterday, but due to my flight, I covered in the morning in the 85 cent range…wasn’t sure if that support would crack so I took my $400 gains and moved on…don’t be fooled by the 90 cent closing price, that’s just some manipulator painting the tape, it closed in the 75 cent range and look at the testimonials above to see several TIMalert subscribers banked high percentage profits, a few hundred bucks each…welcome to PennyStocking!

RUTH surged at the market open yesterday, squeezing shorts a bit beyond the $4.25 key breakout price, but then it faded all day, finishing at $3.82…great reversal and likely a sign a major reversal is coming…potential short..exactly like that stubborn beast RT

CTIC spiked yesterday from the get go, but then went sideways around $1.20 before afternoon fading down to $1…nice shorting pattern, but not volatile or strong enough for me, next! (Congrats to those who profited, we each have different profit angles that work well with our own personal strengths and weaknesses)

CPSL I covered right near the market open for a $300ish loss because at $2.84, after it’d been trading at $3ish all premarket long, with China and the overall market surging, I thought I was doing a fine job of cutting losses…turns out I was a being a baby—it was a great all day long fader down to the $2.45 range (helps when the overall market goes from up to down big)…lots of TIMalert subscribers see how impatient I am so they banked, good job either way, great setup, those of us who cut losses had small losses, those of us with gains had large gains, now repeat this process for the next four decades and you’ll be rather rich.

WWAG, a bigtime promoted stock, collapsed 25% within the first hour yesterday, never really doing much after that…again, this is fully predictable, the obstacle is just trying to find shares to short…next!

WRLD was featured by the Short Selling masters over at Citron Research (one of my sources discussed in TIMfundamentals)…good for $2-3 of afternoon downside, Reaper shorted some and caught $2/share, I was flying ☹

SIXF wa a good call by SRT to buy at 25-30 cents and sell the next day at 40-50, not volatile or strong enough a pattern for me to look at, I need Supernovas people, not wannabenovas, next!

TTNP and VNDA both surged ridiculous amounts on the back of positive drug news, VNDA I actually shorted 200 shares when it cracked the day low of $8.50ish, got a bad fill though at $8.10…covered quickly at $7.96 due to flight, but it’s usually a good strategy to short an afternoon low-of-the-day crack, especially with such a small position and tight mental stop..it did crack for 50 cents/share, I just mistimed it…TTNP didn’t have any shares to short, what a waste of a 1,500% one day return! Hoepfully we can get some squeezing to make these potential buys, but it’s just not a hugely reliable pattern as DNDN’s choppiness proves.

ZAGG broke out past the previous high of $3.25…I wanted to buy in the afternoon but my flight killed that dream…this should see $4 with all its momentum and PR firm pumping…remember I wrote about back in the mid $1s because they have an easy story for gullible investors to like…some sketchy stuff behind this one, but that’s not relevant yet…potential buy.

DDRX and CBOU both reversed nicely yesterday, but both rebounded off their lows probly due to the fact that the runups are thanks to improving fundamentals, not hype or manipulation…DDRX dropped $2+/share and then got most of it back, waaay too scary to short…CBOU created nice support at the beautifully important $5 level…great place for stop losses there too…potential short if it can crack $5, could go quickly to $4.50 if my stop loss theory proves true there.

TEN just keeps going up, now from 42 to $7 in just the past few days, still no resistance until double digits, real companies can rebound quickly once people realize they’re not as distressed as previously thought…this will be a great short eventually, but I need fading action…good news is there’s now a nice gap to fill between $6.50ish and $6, we’ll see if the fading takes place there or higher up.

LEA is the latest $1 stock to catch fire, on huge volume of 17 million shares, basically up from 75 cents to $2ish in 2 days in anticipation of solid earnings and then the delivery of those good earnings…potential short if it really proves determined to spike this quickly, but scary to short into such surging upside, so I’ll wait til I see some fading action (the kind outlined in my PennyStocking DVDs)…glad many TIMalert subscribers are learning to ride these things on the way up too!

NSHA jumped 150% not because of any pump or hype, it’s a buyout…those 5 of you who emailed me about this need to learn to go to Yahoo! Finance, type in the ticker and look at the news…click HERE…what’s the top headline you see? Maybe I should have a warning label on TIMalerts “for literate people only”—which would be great, but the people I want target won’t even be able to read it! (illiterates, please check out my TIMfundamentals instructional DVD package, it teaches how to decipher between good and bad potential plays)

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