Two Interviews: One Video, One Written, Both Edu-tainment To The Max!

While we’re waiting for the next CNEX-like worthy trading opportunity to emerge, check out these two interviews of mine that just came out today.

First StockTickr asks me some really great questions and allows me to set the record straight on a lot of the BS that’s out there. Thanks Dave! PS The guy’s also got a pretty cool product for keeping track of your trading journals…

A few dozen of you participated in the live interview I did on ChuckTV the other day, HERE is the edited version. Clocking in at just over 1 hour, we talk about everything from trading pump and dumps, Saturday Night Live castmembers and drug use on Wall Street to web 2.0, online video and the future of the internet…really interesting convo—thanks again Chuck!

• Continue Reading

Lessons Of A Publisher/Video Blogger/Trader (In That Order)

Looks like I should’ve scheduled my video interview for after hours because I got back after the market close to find myself down 40 cents/share on CNEX—which practically guarantees a higher opening tomorrow (even if the bid is pretty much where I shorted), I missed on NNVC’s perfect afternoon 25 cent/share fade (any of you guys get in on that?), which shoulda woulda coulda been a solid profit on my 2,000 shares (reserved earlier).

And just to rub it in, I missed out on PDO squeezing the stubborn shorts (who obviously haven’t watched PennyStocking or else they’d be out looooong ago, as I was) into the market close (I saw the morning spike above previous high of $9, but I don’t like buying, let alone buying morning spikes), which coulda woulda shoulda been bought for a probable gap-up/possible big-time morning spike tomorrow.  

• Continue Reading

Join TimTV On ChuckTV Live Here Tomorrow, Monday May 12th, 2008, 2PM EST

Check this post tomorrow, Monday, May 12th at 2pm EST cuz the coolest Chuck I know, Chuck Boyce of ChuckTV, will be interviewing me and thanks to this snazzy video player you see above, you’ll be able to watch, chat and interact with us all in real-time. We’ll be talking about everything from digital media to why there are so many financial scumbags and most importantly, taking a few questions from you guys. This thing is gonna last anywhere from 30 min to 1 hour, but I have a feeling it’s gonna get wild. Definitely comment away if you have any questions you’d like answered tomorrow!

• Continue Reading

My Huffington Post Interview & Why My Readers Will Soon Be Richer Than Me

Check it out HERE–it’s definitely a solid interview and it’s great when a reporter actually takes the time to make sure the facts are correct (yeah suck on that Randall Lane, I’ve got an article coming about you tomorrow!)

PS Even though I screwed up today’s perfect PennyStocking plays rather royally–although controlled losses well–my analysis was dead on, so I’m pretty damn proud and happy that many of you readers banked. Here’s a quick and dirty rundown:

PennyStocking student Davey and Mark shorted VRML around $4.60, Davey covering conservatively at $4.33, Mark still waiting to cover (as of the last comment saw). Ryan shorted some at $4.65 and $5, covering all at $3.70, posting a great comment “With more than $3500 made in a single day today, I am up 72.86% up in 4 months. All this credit goes to our number one Tim!!”

But the gains weren’t limited to VRML alone. Tony Ellis banked $1,200 on COIN, Shthappns banked on UFPT…any others, I can’t even keep track of all the comments today—so please comment about your winners–and losers–in this post so we can see how everyone’s doing! Last one to $1 million is a dirty Jew!

• Continue Reading

Sykes’ Saturday Seven: April 19th, 2008 Edition

I’m never gonna be able to find exactly seven so here’s 7-ish articles from the week that was…

THIS blog compares me to a Duke basketball player—I like the piece on the whole—especially the point he makes, but c’mon Duke basketball is just evil—I’m not—UConn forever!

Gotta love that 5 hedge fund managers raked in over $1 billion each in personal earnings last year…America, f%#@ yeah!

Welcome to my site’s newest sponsor, Speedtrader, a broker that charges as low as $3/trade, has access to 30+ market makers and ECNs and is OTCBB and Pink Sheet friendly. Holy hell, I might just have to open an account and see what all the hype is about.

Guess what I’m saying at the end of this video:

• Continue Reading

Good Financial Advice From Real Wall Streeters: Listen To Billionaires Over Journalists And Talking Heads

Here’s a great 3-part interview the man himself, Mr. George Soros, whose current net worth is north of $8 billion, all created through financial speculation. If you don’t know who he is, first be ashamed, then see his bio HERE. Then click the picture below to watch the pathetically unembeddable video:

Now that’s an interview! Always trust the views of experienced/proven-successful billionaires over that of the experienced-sounding but success-lacking journalists, marketers and talking heads who infest our great industry.

• Continue Reading

Q&A With Timothy Sykes: Righting Some Wrongs

1. I love answering questions, any and all questions, but if you guys have questions about stuff like my strategy, my book An American Hedge Fund, my instructional DVD PennyStocking, basically anything whatsoever, please, please please post your questions in the FORUMS. Right now, I’m about a week and a half behind on emails and I get too many asking the same damn questions! (want more real-time updates, follow me on Twitter…my book is only sold online…no, I’m not gonna give you free copies just cuz you’re poor…yes, I am available to speak (that you can email me about)…no, I haven’t lost everything, I’m down 30% or 35% off my highs…yes, you can short stocks under $5, read the past 400 blog posts or so!) Forums make it much easier and I like getting all the info out there for everyone to see and debate. So keep ‘em comin’, gratzie.

2. As of April 1, 2008, Covestor shows me up 150% during the five months since TIM inception in November 2007. This is inaccurate. I’m really up 40% since then. Not too shabby, but I get too many emails about this. Covestor is a great great platform that the industry needs, but they only track people’s trades and investments, not their cash positions. Since I only trade 1-2 stocks at a time, leaving the rest in cash—as compared to the popular diversification route/scam involving dozens of positions and very little, if any, cash—my Covestor returns represent what would happen if I used 50-100% of my portfolio each time, instead of the actual 20-40%.

Considering how small dollar-wise my positions currently are and how much better my returns would be if I did go all in—maybe I should??! Nooooooooooooooo—that would be setting a bad example to all the newbies and kids out there. I’m trying to preach conservative (somewhat) short selling / penny stock trading!

So, please recognize the difference, understand how awesome my strategy is, how not-so-great I am at taking full advantage of it and that my publishing business model is based on brutal honesty. I’m never gonna cheat at ANYTHING because even if it did get me ahead, a.) it’d be wrong and b.) I’d be risking my entire biz model! Get used to me making plenty of mistakes…they make make me just happy because not only can I write about them to help others avoid them later, contrary to the joke that is financial wisdom propagated by generations of snake oil salesman, frauds, liars, marketers and untalented and unintelligent bastards, mistakes are nothing to be ashamed of, the problem is not learning from them!

• Continue Reading

Big Picture Barry Ritholtz Gives A Damn Fine Interview

I give the guy crap because he covers the most popular topics du jour, hasn’t been returning my emails as of late and for some unknown reason, still hasn’t received the copy of my book I’ve now sent him multiple times, but Big Picture Barry Ritholz is not only the world’s top investment blogger, he’s also 100% dead on about the blogging world and Adsense in this Yahoo! Tech Ticker Interview:

Key takeaways: Blogging success comes from being a hard ass, being opinionated and clearly expressing your points

Bloggers don’t have to be objective, we’re not journalists!

Financial journalism is a joke—journalism majors just report the news as they’re told, they don’t realize business/finance news can be skewed

I really gotta press home this last point, you should only listen to people who have continually proven their abilities to make money in the markets, their opinions matter, you can learn from the way they view the world, not the lemmings who report simply for a paycheck

• Continue Reading

Zecco and FOX Biz Interviews And Some More Glowing Book Reviews

Andrew Horowitz, wealth manager, the godfather of financial podcasting, aka “El Podrino” and author of beginners-must-read-or-else-you’ll-stay-stupid-forever book The Disciplined Investor and I will be talking about our different strategies for this bear market in a Zecco/BlogTalkRadio sponsored podcast fiesta next Thursday, March 20th, 5PM EST. It’s free to listeners—you can even ask us questions live—but there’s also gonna be a televised Pay-Per-View event, check with your local cable company. Tim Sykes bomaye!

Listen to the promo and register below so we can send you annoying reminders the day or two before the event and then harvest your emails FOREVA. (I’m kidding, there will be no harvesting… just reminding)  

• Continue Reading