Blog Archives:
The Latest Penny Stock Pump & Dump: The $130 Million Company With ZERO Revenues, ZERO Cash & Whose Headquarters May Be A UPS Box
Posted by Timothy Sykes on Sun 25th of Oct, 2009 09:30:47 AMOn Friday, TIMalert subscribers were sent this:
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Let’s Take A Look At CNBC’s Ratings, Shall We?
Posted by Timothy Sykes on Fri 16th of Oct, 2009 03:40:31 PM<UPDATE: ZeroHedge does it again, leaking the word that CNBC lost 37% of its viewers year-over-year:
IDEA: Perhaps CNBC should focus on interesting/hot stocks like EPIX Pharmaceuticals, Inc. (EPIX), the kind of stock that TIMalert subscribers like to trade for fast profits, check out how some of them did after I mentioned the stock as a potential buy on my LiveStock show:
Made $1,443 watching LiveStock today…Thanks Tim I enjoyed your PennyStocking Part Deux DVD. It really solidifies what I’ve been learning from TIMalerts.
-paynito
Rode EPIX for $700, thanks Tim, great find!
-JL
According to Nielsen, CNBC’s annual decline in total September viewership was a massive 37%: the worst YoY performance in 2009. The decline in the demo audience also hit a high of 27%. The dilemma for Jeff Immelt is the following: do CNBC pundits keep pumping GE (which everyone ignores, as CNBC’s credibility is practically nonexistent), or, at the expense of marking a few hundred billion assets at GECC to fair market value, incite another major market crisis. Perhaps, just perhaps, if the later were to occur, CNBC would have some chance of salvaging its prior year numbers. Although with CNBC now spending hours a day advertising GE engines, it seems like external advertisers couldn’t care less: after all, GE is subsidizing its own station by selling them ad space. Business schools have a word for that: vertical integration. Sane people have another word: biased reporting.
This is a few weeks old now, after first being posted on Zero Hedge and commented on in a very educational fashion by Ritholtz, check it out:
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SpongeTech Stock Halted By SEC, Sue Themselves (Strangest PR Ever!), I’ve Now Predicted 3 Trading Halts In 3 Weeks!
Posted by Timothy Sykes on Mon 5th of Oct, 2009 10:19:27 AMWow, it looks like the end of the road for Spongetech Delivery Systems, Inc. (SPNGE) and you can’t really say I didn’t warn you! Today the stock hasn’t traded after the SEC announced:
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How We Made $6,000+ Short Selling The Company Selling Diluted Cobra Venom As A Pain Reliever
Posted by Timothy Sykes on Thu 1st of Oct, 2009 05:21:34 PMUPDATE: TIMalert subscribers and I had profited $4,000ish on the 20% drop in stock price, but today, after I covered my share, the stock is down another 30%! (Yes, I often underestimate how dead on my research is)….at least one TIMalert subscriber stuck around and made $2,000+:
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The Story Of The World’s Richest Jew, Lev Leviev, How To Become A Billionaire & Lose It All
Posted by Timothy Sykes on Tue 29th of Sep, 2009 09:15:59 AMThis Marketwatch story caught my eye so I figured I’d share with you all…as you know I’m a big believer in learning from success and failure, as you might’ve read my book An American Hedge Fund or watched my many instructional DVD packages, but Leviev’s rise and fall have been infinitely greater in magnitude…looking forward to the book!
Check it out:
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SpongeTech Now Under SEC Investigation…And They Thought They Could Slip It By Everyone
Posted by Timothy Sykes on Sun 27th of Sep, 2009 12:40:02 PMIn a late Friday night SEC filing, Spongetech Delivery Systems, Inc. (SPNGE) thought they could quietly reveal that as of September 18th, 2009, they’re under SEC investigation “egarding possible securities laws violations by the Company and/or other persons”…check out the whole paragraph they dedicate to explaing the investigation:
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The NY Post’s Latest Evidence That Spongetech Delivery Systems, Inc. (SPNGE) Is Up To No Good
Posted by Timothy Sykes on Fri 25th of Sep, 2009 07:21:37 AMLiveStock is today 1-2PM EST, tune in HERE and check out all the bitter pump & dump bagholders yell at me (just a wild guess)
HERE’S A BIG FAT I TOLD YOU SO YOU NAIVE SUCKERS!
You people think I just do all this to promote my instructional DVD packages and TIMalerts real-time trade alerts services, but like your investment in a blatant pump & dump like Spongetech, you haven’t done your research. I push my dvds and newsletters BECAUSE I know they’ll help you learn hos this wonderful game works and that they’ll probly save you from making dumb investing mistakes like this one and while Spongetech was obviously a much better long than it ever was a great short (although it’ll likely end up in the .0001 range), I actually encourage people to learn to buy pump & dumps when they’re being pumped. Yup, that’s right, my original PennyStocking DVD is all about how my first million was made BUYING pump & dumps and how you can learn from my decade-long experience of what I did right and wrong.
You just gotta learn not believe the BS so you can get out with profits instead of holding through the dump. Does that make sense? You guys think I’m the enemy when all I’m trying to do is help you…stock promoters & lying penny stock management are your true enemies. You forget that I’ve gone through this too by believing in a penny stock once before, losing several hundred thousand dollars and being wiser for it.
(The above is for bitter SPNGE shareholders who right now can’t believe what’s happening here)
If you’ve read my “official penny stock manipulation blog post” or The New York Post’s recent article on Spongetech, you know this company is sketchyyyyy…
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How To Profit From The SEC Halting A Stock
Posted by Timothy Sykes on Wed 23rd of Sep, 2009 05:30:06 PMI took a lot of heat all over the internet from penny stock promoters and their errand boys, TIMalert subscribers didn’t understand why I focused sooooo much time on this one company, but today, EVERYONE now understands that when you have a true GIMME, you try to make as much $ as you can off it because you know these don’t come around every day…especially when your research leads you to believe that the stock you’re shorting has done soooo much bad stuff that it’s likely they’ll get halted by the SEC.
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Guess What Happened To That Penny Stock With The Two Largest Shareholders Named “Joe Schmoe”
Posted by Timothy Sykes on Sat 12th of Sep, 2009 09:30:33 AMREMEMBER: This special offer ends yesterday (I’m giving latecomers one extra day!), take advantage of it now because it really will make you a more profitable and knowledgeable trader…and you might have a little fun there too :)
Remember Gulf Alternative Energy Corp (GAEC) which I alerted to TIMalert subscribers a few weeks back:
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This Is How Pump & Dumps Collapse:
Posted by Timothy Sykes on Tue 8th of Sep, 2009 10:23:19 AMREMEMBER: This special offer ends Friday September 11th, take advantage of it now because it really will make you a more profitable and knowledgeable trader…and you might have a little fun there too :)
On the back of news of a ridiculous 100-1 reverse split, Spongetech Delivery Systems, Inc. (SPNG) is collapsing 30%+ in the first 30 minutes of trading today:
Does it matter if the stock bounces or drops more…no, because I can’t find any shares to short and while the stock probly will be choppy, this drop is most likely the beginning of the end…(although I did short sell a company related to SPNG today, only TIMalert subscribers know which one that is).
I bring this up only to remind you who was first in calling this a blatant pump & dump:
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Very Few Things In This Life Are Totally Reliable, This Is:
Posted by Timothy Sykes on Sat 1st of Aug, 2009 09:30:48 AMSynaptics Inc. (SYNA) screwing up when their stock gets to the top of its range:
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SpongeTech Delivery Systems, Inc. (SPNG.OB): TOLD YOU SO!
Posted by Timothy Sykes on Fri 12th of Jun, 2009 02:42:37 PMAfter I featured this BLATANT PUMP & DUMP in THIS post, I got a lot of nasty emails.
Well, check it out today:
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Is Lenny Dykstra Broke & TheStreet.com’s Latest Bad Pick?
Posted by Timothy Sykes on Wed 8th of Apr, 2009 09:22:33 AMProbly, but who really knows…
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Why Am I Not Surprised: The Latest Trader Monthly News
Posted by Timothy Sykes on Sun 5th of Apr, 2009 09:38:13 PMI’m just gonna link my old posts about Traitor Monthly:
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How My TIMalert Subscribers & I Made Thousands Of Dollars In Trading Profits On Eastman Kodak (EK) Today
Posted by Timothy Sykes on Mon 16th of Mar, 2009 05:14:38 PMMid-day today, TIMalert subscribers weren sent this alert:
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How I Totally Screwed Up A Trade, Made 10% Overnight & Made My TIMalert Subscribers Thousands Of Dollars
Posted by Timothy Sykes on Wed 11th of Mar, 2009 06:05:41 PMOh yes, another good call with poor execution on my part and yet thanks to people finally beginning to understand the patterns which I trade, TIMalert subscribers did better than ever on this one:
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How My TIMalert Subscribers & I Shorted Today & Made Thousands Of Dollars
Posted by Timothy Sykes on Tue 10th of Mar, 2009 04:49:41 PMThat’s right, instead of following all the incapable-of-thinking-outside-the-box-lemming-like traders, I went against the grain today and did what I did best: short sell a low priced stock whose upward momentum looks to be reversing after a huuuuge run not due to fundamental news, but due to hype.
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10 Reasons Why Jones Soda Co. (JSDA) Is Nothing More Than The Beverage Version Of A Palm, Inc. (PALM)-Type Pump & Dump
Posted by Timothy Sykes on Tue 3rd of Mar, 2009 05:46:53 PMDisclosure: Tracking pump & dumps is my business…as Dennis Gartman learned the hard way…I am short JSDA and wish PALM had broken through key support at $7 ( a level at which I coulda woulda shorted) before admitting to their incompetence
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Why These Two Penny Stocks Should Never Be Bought Down Here
Posted by Timothy Sykes on Mon 2nd of Mar, 2009 03:05:30 PMI get emails all the time from people asking about whether to buy Penny Stocks as they collapse.
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Why TheStreet.com, Inc. (TSCM) & Jim Cramer Are Just Poor-Information-Giving Illiquid Versions Of The SPDR (SPY)
Posted by Timothy Sykes on Mon 2nd of Mar, 2009 08:20:30 AMUnderstand I don’t care to trade this stock because it’s more boring than a sissy value investor’s articles…
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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%)


