How Did My Latest Penny Stock Trade Go? $10,000 In Profits Or Losses?
Posted by Timothy Sykes on Mon 6th of Jul, 2009 03:30:35 PM
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Profits of course, I’m on a hot streak, 11 out of my last 12 trades have been solid wins!
$1,300 profits for me, putting me up 418% in the last 20 months (yes, it’s real and verified by Covestor…see all the trades that it took to make it happen HERE) and over $9,000+ in profits for TIMalert subscribers!
Check out what I sent to TIMalert subscribers the other day:
Shorted 1500 KIRK at $11.53…first down day after spiking straight up from $8ish, no support until $10.50 and then $10…is this the ultimate top for this multi-month winner, I have no idea…all I know is this chart pattern, which I love, favors $1/share of downside and if it holds support in the $11.30 area (today’s low), I’ll cover for a small gain /loss…goal is to cover just above $10.50, stop loss in the high $11s if I’m wrong
The next morning I sent this to TIMalert subscribers in my premarket watchlist:
KIRK I shorted 1500 shares at $11.53 because it was right near support in the afternoon on the first down day of a strong stock, up most recently due to their add to the Russell 3000 index…yah, it was a nice setup, the key being it had to take out $11.50 support, which it’d previously failed to do the past 3 tries over 2 days…success so far, lots of TIMalert subscribers took quick profits of several thousand dollars, I held overnight with my goal os covering into a possible morning panic/stop losses getting taken out if it touches $11…no support until the mid $10s, so it’s a waiting game to see how it acts at $11, great risk-reward no matter how it plays out
And this is what I sent to TIMalert subscribers 2 minutes after the market open:
Bought To Cover 1500 KIRK Near The Market Open, Profit/Goal Achieved…covered at $10.60…perfect morning breakdown due to the strength of the chart pattern & the depressed overall market…very nice trade, another 7%+ profit, not trying to be greedy here since this stock isn’t as volatiles as most of the stocks i trade, nice $1300 profit
Nice for me, but even better for TIMalert subscribers as they posted on the subscribers-only TIMalerts.com website and mind you a yearly subscription to TIMalerts is only $447 (register HERE!) so you can see it’s verrrrrrry easy to make it all back with 1 good trade:
bad entry yesterday (11.14) and slightly better exit (10.48). $990 profit.
-bill
Short 5K KIRK @ 11.18 ( not as gd entry as I would of liked )…covered all 5K today @ 10.565
-Mark G.
I sold 500 KIRK short with the proceeds of pawning my gold tooth (I used to be a rapper) with Cash for Gold @ 11.20 (checking email at the public library is slow at best) and covered @ 10.46 + $372. Thanks TIMalerts, now I can feed my dog this week.
-Grant
Took it for a quick $529! Thanks Tim!
-Reaper
up $543, my first tim trade
-SC
500 shares, bad entry 11.17, good exit 10.50
+335 =]
-AK
+$395 profit, bad entry, out at 10.51. Thanks, Tim!
-dmitry
in @11.35, out at 10.73… +263
-tryp
got out at 10.65 profit of $222
-wallie
short 300 KIRK @ 11.36, covered 300 @ 10.53. $237 profit Nice play as usual Tim.
-dannb
Shorted 500 shares at 11.46, bought back at 11.06. Tim you magnificent bastard you did it again!!! Looking at about $180 profit in just over 4 minutes.
-Osti
KIRK short 11.14 (bad entry) covered 10.41. $150 profit (small position).
-duzas
200 shares, Entry @ $11.33, Exit @ $10.61, Profit $145.26
-TOH
profit $109… piece of cake! Nice work Tim!
-DScott
Nice call Tim! Got out at 10.50 for $140 profit
-wilson
Only put in 100 shares on it, still made 51 bucks!
-Chris
got out to late.. +$57
-mike
up 120! thnx TIM!
-OQ
Make a quick $96 going short on Kirk from 11.30 to 11.06.
-Scott
Short 1k 11.46 covered 11.04-.05 for +.415 = $415 profit
-Investorslive
New subscriber. My first Tim trade. Shorted 500 @11.37, covered @11.15 for quick $105 profit.
-joe
profit $1124
-Fabian
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Related Reading
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%)
