Why This Short Seller Loves This Newfound Bull Market
Posted by Timothy Sykes on Sun 10th of May, 2009 09:30:14 AM
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Because my short biased trading strategy ain’t your typical make-money-only-in-bear-markets strategy…
After all, I short sell into strength! And hype. And manipulation. Basically all the stuff that really can push stocks up quickly, often times too quickly, often times making for great and predictable 20-30% pullbacks.
I’ve tried explaining this for several years, but most have just chalked it up to me trying to market my PennyStocking DVDs (after all, a strategy that does well in all markets, bull or bear, is more valuable, right?), trying to get more investors (back when I was doing that hedge fund thing)…but I can’t explain it any better than what the testimonials below have to say.
All are from this past Friday’s trading session, for successful shorts on CBOU, STXX and CPSL…all 3 stocks up on hype (CBOU and CPSL) and manipulation (STXX)…all of which have reversed significantly and PREDICTABLY!
(capping an incredible week in which the overall stock market was up 4%+ and more importantly, TIMalert subscribers profited on various days $20,000 (see all the testimonials HERE), $6,000 on another day (see those testimonials HERE), $4,000 (read it and weep HERE), $8,000 (yup, it just keeps going HERE), and $16,000 from last Friday (read about all the beautifully happy subscribers HERE)…yes, that’s right, $55,000+ in subscriber gains in the last few trading sessions alone!)
Quick $330 on 1000 CBOU from 4.88 down to 4.54. Thanks Tim.
-Nifri
Covered almost at CBOU @ 4.51 +$678.50 kept a little to see if she cracks $4.50
-T Bohen
All out CBOU +941. Almost a thousand bucks in 10 minutes bitches!!!
-T.B.
CBOU at $4.37 now wow. Tim your the man.
-Wallie
Covered 1000 STXX @ 0.73, had sold @ 0.98. Net profit of $238
-N.
out CBOU, up +$316, total 2009 TImProfit back to $2217.60
-Reaper
I found this site yesterday, and first trade: short TEN $6,55, OUT $6,24.
Thanks TIm.
-Duzas
I was short CPSL 700 shares i was stupid and forgot i was flying… i managed to get out with a 50 dollar profit. thanx TIM
-matt
Just closed my short on STXX and made $166.97 on a $904 investment!
-Bob
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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%)
