How To Make Money Day Trading: How We Made $27,000+ Yesterday
Posted by Timothy Sykes on Tue 10th of Nov, 2009 11:30:08 AM
Tags:
This was sent to TIMalert subscribers at 10PM EST while you were watching Leno try to be funny again:
TIM trading account—now stands at $93,187, I made approximately $884 on my 3,000 shares shorting EONC at $3.26, which I covered at $2.95 at the market close…this account was up 14% in October, up 119% in 2009 and up 651% in the last 2 years
Longer Term Account $172,000ish, made $6,000+ on my 13,000 EONC short, still holding overnight, account is up 25% since May 1st, 2009 inception…you can auto-trade this account by chatting with Covestor here
TIMalert subscribers and I made over $27,000+ yesterday, great day in predictable penny stock land!
: Followed your short of EONC,2500 shares @3.32, covered @2.95 @4:00pm +$911.00 in 90min. WOW WOW!!! YOUR the best.
-Frank
Covered into that big sell order near close, cleaned up $17,432 after everything, thanks Tim, really showing me the light
-RGC
Scalped EONC for $1176.40. Reshorted 2k shares @ $3.365
-Reaper
+$270 EONC
-Hany
I scalped it for +$118. I like your logic, but I watched PennyStocking part one, these first day supernova shorts are not for me…..
-BTB
Big buy orders holding this thing up. Scared me away for a $1000-ish loss. Gonna enter a little more sheepishly next time.
-Jeff M.
Shorted 2000 @ 3.38 covered @ 3.24. Quick $280 gain. No way in hell I’m holding this overnight. I’ll wait for proper price action and short again. Thanks Tim.
-Brader
covered at 3.15, nice quick 7% gain.
-tatankov
Grabbed $600 profit on 3000 shares, am very happy
-bobsgeardotcom
-600 on rev.
-BearNine
Bought 10k shares of IMGG at 0.80 and got out at 0.98! for $1800 in profits in half an hour..awesome call!!!
-yellowbuddha
IMGG, got 2000 @81, sold 2000 @89. +$150.
-parabol64
+198 OPTT sqeeze play
-joethemoe
+$200 on GO(Galleon Energy), up $500 on first two real trades after 2 months of virtual trading, thx tim
-jumper
+$480 EONC
bot 3K @ 4.43
sold 3K @ 4.60
-manny
Power Oil & Gas Inc. (PWOIF) is for TIMalert subscribers only!
Imaging3, Inc. (IMGG) did breakout past the 80 cents/share resistance rather nicely and some TIMalert subscribers wisely bought the breakout all the way to $1…this is a clear breakout and the stubborn shorts can and will get squeezed…still a potential buy, nice strong gradual uptrend all day today…$1.25, $1.50, who knows, the bold will buy and others like me will fait for signs of fading for the probable intraday collapse
Bryn Resources Inc (BRYN) is for TIMalert subscribers only!
Revlon, Inc. (REV) is for TIMalert subscribers only!
GC CHINA TURBINE (GCHT) has now dropped from $3.50 down to $2 in 2 days…pump and dump folks, pump and dump….and the promoters with the “free” newsletters won’t warn you of when they’ve sent out enough emails and there’s no more cash behind their promotions (wouldn’t it be nice if they did?)…potential short, but the drop is so large, it’ll probly just be choppy like other pumps like AWSL and NXTH
Ocean Power Technologies, Inc. (OPTT) did end up squeezing the shorts from $8 to $10 by noon today, but gradually faded to the low $9s all afternoon…obviously the strong overall market helped this one, but now the question is can it stay over $9…I’m not confident either way, just watching…probable short AFTER any major short squeeze, but tough to buy a stock that can spike quickly, but whose spikes usually fail within a few hours.
Northwest Biotherapeutics, Inc (NWBO) actually did have shares available to short, but it tanked 20%+ within the first few minutes of trading so I had to be quick, which I rarely am…I was waiting for a 2nd big up day to short into, but this just collapsed too quickly…kinda sad, but it happens, next!
Zagg Inc. (ZAGG) is for TIMalert subscribers only!
Vonage Holdings Corp. (VG) is for TIMalert subscribers only!
Vermillion, Inc. (VRMLQ) jumped another $1+ to $18.75…that’s not saying much though given the strong overall market…volume is too light to use as a sign either, so I’m waiting for news from debtholders as to what they will do…if this stats spiking to $20+ on strong volume and positive debtholder news, this could go to $30 or $40…or negative news could drop it to $0…too risky, I’m just watching,
EONC is for TIMalert subscribers only!
TIMstore Monthly DVD Specials:
See all TIM DVD specials HERE
Related Reading
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%)
