Blog Archives:
Why I Just Shorted The Hype/Manipulation That Is Arena Pharmaceuticals, Inc. (ARNA)
Posted by Timothy Sykes on Wed 18th of Feb, 2009 05:38:59 PM
Sponsor Offer:
As I wrote in my premarket watchlist for TIMalert subscribers today, ARNA was a potential short because it’s a hype-filled piece of crap biotech (yup, I said it, look at their fundamentals, $2 mil in quarterly revenue, $55mil in quarterly losses!?!?!?…horrendous, only thing that’s saved them this long is that they aren’t a leverage-loving financial)…
Continue Reading »
The Latest TIMalert: Why I’m Short 2,000 Shares of Magna Entertainment Corp. (USA) (MECA)
Posted by Timothy Sykes on Wed 5th of Nov, 2008 01:46:38 PM Sponsor Offer:
Now I’ve shorted some piece of crap companies in my life, but few compare to this turd. As I alerted TIMalert subscribers, I shorted this morning at $3.95
Continue Reading »
Can You Guess Why I’m Absolutely Thrilled To Be Short Northern Dynasty Minerals Ltd. (USA) (NAK) Overnight?
Posted by Timothy Sykes on Mon 3rd of Nov, 2008 09:10:24 PM Sponsor Offer:
TIMalert subscribers know exactly why I shorted NAK at $3.37 today, banking $700 in unrealized gains so far, putting me up 170% in the last year, ohhhh yeah my strategy is just dominating anyone and everyone–percentage-wise of course–especially for those of you with smaller-sized accounts…and I got some typically sweet testimonials from happy TIMalert subscribers:
Have a meeting to go to. Wish I could hold longer. Shorted 900 shares at 3.26 and covered at 3.12 for a $115 gain (after commissions) in 25 minutes.
-A
shorted 2000 shares @ avg of 3.34 covered at 3.11 $446 net after comm in 30 minutes
- nojobmaui
SHORTED 800 shares at $3.27 - COVERED at $3.12 - made $124
-Jeremy
Let’s see if you cheapskates/PennyStocking DVD students can figure it out judging by the charts below:
…and I will say the intraday pattern is something which I extensively detail in my brand new PennyStocking Part Deux DVD and the daily chart I cover in my brand new ShortStocking DVD.
PS TIMalert subscribers get even more excited for tomorrow, I’ve got at least 6 potentially perfect setups for Short Selling!
The Latest 20%+ TIMalert Winner, But As Usual I Wasn’t Greedy Enough, Must Go To Synagogue To Be Better Jew
Posted by Timothy Sykes on Tue 2nd of Sep, 2008 06:35:06 PM Sponsor Offer:
From the TIMalert right near the market open, TAYD dropped 21%, here’s the story of how it was entirely predictable and lots of TIMalert subscribers banked:
In THIS morning’s watchlist, when I said about Taylor Devices, Inc. (TAYD) “this thing is gonna tank, it’s my #1 potential short”
I knew I had to reserve shares early…7:40am. Done.
After I shorted 1,000 shares right near the market open at $8.13ish, I sent out this alert to TIMalert subscribers:
one of the simplest plays in a while, earthquake absorption equipment maker always goes up on natural disasters–people get excited about possible deals–hurricane gustav wasnt that bad, sadly–this thing should go back down…read my book An American Hedge Fund–and see I once made over $200,000 shorting this same stock after the Asian tsunami, not much has changed since then except i’m more conservative…goal is to cover under 7.50 in the next 1-2 days, not a huge profit cuz it wasn’t up enough
Unfortunately, since it was a morning dump, it tanked rather quickly to my target area of $7.50 and very few subscribers actually got in—luckily there a little bounce to the $7.70-$7.80 area, but that’s it.
Considering the stock was only up from the low $6s—and yes, even though it’s an earthquake, not hurricane play, its got a proven track record of spiking during natural disasters—as I detail in my book An American Hedge Fund. So, I took my profit and sent out this alert to TIMalert subscribers:
Continue Reading »
7 Stocks To Watch While I’m Flying To Japan
Posted by timothysykes on Wed 20th of Aug, 2008 09:49:24 AM Sponsor Offer:
I’ll try to check in throughout the day, but I’ve got 17 hours of flying to do today, so pretty much count me out. Here are the stocks I’m watching:
DYAX had a continued failed brekaout, boring messy chart, next!
POGS Dark Bitch is bragging how he found the stock a day before me, forgetting common blog rules where you link to the blog you mention as I linked to Dark Bitch, guy seems to forget this is my bread and butter strategy for the past decade, he learned Short Selling Penny Stocks from me, I don’t miss these gimmes, but I don’t have a chatroom, I have a pre-market watchlist.
Continue Reading »
Fun Times With A Stock Up 700% In 1 Month: Action Products International, Inc. (APII)
Posted by timothysykes on Wed 13th of Aug, 2008 05:32:50 PM Sponsor Offer:
Just cuz my latest trade/TIMalert proves my mastery of this pathetic little stock market niche, I’m gonna do this blog post in reverse chronological order…half to mess with you and half to expand your brains. I’m short 2,000 shares of APII overnight form $3.30, so I’m loving life right now…enjoy!
8/13:
5PM News comes out about APII’s latest acquisition, see PR HERE, basically for 500k restricted shares or approximately $1.5 million…I dunno how to interpret this, all I can think about is how this news makes APII’s 700% runup reek even more of manipulation–since the deal is definitely being pushed forward fast (close by end of August?!?!?) to take advantage of these inflated prices…and considering the stock has been dead for years–and is probly related to this acquisition somehow aka some “unrelated” third party gets the price up in order to dole out less shares to this new company they’re acquiring…color me cynical, I’ve seen it happen too many times.
4:30PM: Chart is so
Continue Reading »
My 2nd Consecutive TIMalert To Make 30% In 1 Day: Short Selling U.S. Shipping Partners L.P. (USS)
Posted by Timothy Sykes on Tue 29th of Jul, 2008 04:01:40 PM Sponsor Offer:
My latest TIMalert to short 1,500 shares of USS at $4.61 today, comes just one week after a similarly perfect 30% call on MKTY and is a perfect example of the themes I’ve been blogging about for several months:
-these piece of crap companies can spike based on pathetic speculation and collapse just as quickly due to all the bitter longterm shareholders being scared/abused for so long
-gotta reserve shares to short early–TIMalert subscribers get my daily watchlist, filled with all my potential shorts, at 8am by email and on the subscribers-only website (click HERE to see my perfect TIMalerts track record) so it’s no surprise your poor/cheap folk reading this free website couldn’t find shares…welcome to my biz model bitches!
-the reversals are extremely predictable–as I’ve telegraphed a potential short the past 2 days in my premarket watchlists and as you see in this TIMalert that I sent out, I pretty much nailed the price action an hour before it happened–this was sent out at 1:20PM EST to TIMalert subscribers:
Shorted 1500 USS at $4.61…as i wrote in my premarket watchlists the past 2 days, USS was on my watchlist for a potential short, given the stock has a solid longterm downtrend, recent sideways action and fading volume, i think bitter shareholders take this spike to reduce their positions and i know lots of other short sellers are watching this for a quick breakdown too…key breakodwn level today appears to be the 4.60 area as its held several times and considering its still solidly up on the day, i’m taking a chance here, especially since this company benefits from lower oil prices…but i’m willing to add on the way up if need be as this is only a 2/3rd position…not sure if its real but somebody posted on the message boards, the NYSe asked the company for info and they said no comment so there is risk of news coming out too….given this company’s failings, chances are news is negative…so thats the good and bad, lets see how this pattern plays out, risk is it surges past previous high of $5, but if it takes out $4, it’s got no support until the low $3s…i basically just wanna cover in the low $4s in the next 1-2 days
-the key is waiting for fading action after sideways action–stock held $4.60 all morning, perfect afternoon fade/collapse after it broke
-I suck at trading–I covered this at $4.05 for a solid, if not spectacular, 12% gain inside of an hour, now it’s at $3.25, which coulda woulda shoulda been a 30% gain–the latest reason why my 87% return in the past 9 months now on TIM truly is worst case scenario
-Screw 90% of traders losing money, these patterns are so easy, even the dumbest people in the world can make money (yours truly!). Learn the friggin patterns yourself in my PennyStocking DVD package
-You want testimonials, You want testimonials? You can’t handle all my testimonials! Every day/week brings in dozens of new ones, I’m now 18 for 18 on my TIMalerts, average gain of 20% inside of 1-2 days, how you like these apples you ignorant haters…and yes, this is all from TIMalerts, a $30/month service where more and more people keep signing up for the annual subscription (save 20% off the monthly, buy it HERE) cuz they’re making it many times over in 1 trade!
Continue Reading »
Behold The Latest Perfect TIMalerts Short: Mechanical Technology Inc. (MKTY), Down 30% Since My Alert
Posted by timothysykes on Wed 23rd of Jul, 2008 02:48:57 PM Sponsor Offer:
Another day, another huge TIMalert victory—this time it was calling, profiting, blogging, predicting, you name it, MKTY is down 31% off its high on the day…$5.50 to $3.78…so far. I profited, TIMalert subscribers profited, and just about everyone else couldn’t find any shares to short—welcome to the TIMalert biz model. Good things come in low float packages and everyone wants to reserve shares to short…TIMalert subscribers get the email/post on the subscribers-only website at 8am, everyone else gets the info later, usually after all the shares have been reserved.
Here’s the story of a pump named MKTY as told by my alerts—this isn’t magic, it’s just how pump and dumps act…it’s about time people gave them the respect they deserve cuz they’re just so damn predictable!
Posted on TIMalert subscribers-only-website at 8am today:
MKTY is my #1 potential short today (already reserved 1,500 shares to short or the day), especially on any spike, I was early shorting yesterday, but played it safe and even managed to escape with a small gain…TIMalert subscribers know all about it as the subscriber-only website had over 100 comments yesterday (new record!)…also discussed in my blog post last night…this is a pure pump, but it’s only a $25 million company so it can go further than you think possible…yesterday was 2nd big up day, if this pattern holds true, the 3rd day is tough for it to finish up big, let alone up at all…of course the pattern h as mutations so maybe we’ll get a true Supernova here…at the very least, I’m hoping it can squeeze some early shorts past the the key $5 resistance
shorted MKTY at
Continue Reading »
Why I Just Shorted A Sleepy Company Called Zynex Inc. (ZYXI)
Posted by timothysykes on Mon 21st of Jul, 2008 02:25:23 PM Sponsor Offer:
So much for Thinkorswim disallowing the shorting of OTCBB stocks as I reserved 2,000 shares of ZYXI to short early this morning (latecomers got no shares as TIMalert subscribers grabbed the all borrowable shares…
Given that its chart was eerily similar to similarly crappy company UBHI, which dropped nicely off its highs, I tried shorting into the morning panic around $3.30, but discovered my Thinkorswim rep had mistakenly inputted 200 shares instead of 2,000 shares into my account so I had to login to their handy chat program and fix that mistake. Unfortunately, morning panics are quick so by the time we got that straightened out, the stock had tanked all the way to the $2.90 area…bastards…but manual ‘fat finger’ mistakes do happen, you just gotta accept it…
Luckily, there’s been a
Continue Reading »
Uh Oh, Guess Who’s Now Exhibiting The Perfect Technical Breakdown Pattern?
Posted by timothysykes on Fri 11th of Jul, 2008 08:01:43 AM Sponsor Offer:
Memba 4 days ago when I featured Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) as perfect technical breakdowns/a Short Selling pattern I looooooove?
Well, since then those two turds have dropped 16% and 33%, respectively.
Forget all the BS media noise, rumors, tips, fundamentals, screwed employees, just all the shitty things/petty human waste products that are a part of every day Wall Street and focus on the charts. Can you guess which financial company is showing the EXACT same pattern?
Continue Reading »
American Beauty: Two Stocks Exemplifying Perfect Technical Breakdowns
Posted by timothysykes on Mon 7th of Jul, 2008 07:43:41 PM Sponsor Offer:
You know me, I prefer trading frauds and pump and dumps to real companies, especially real financial companies, especially really f#!$ed financial companies, but I can’t help but appreciate the perfect charts on Fannie Mae (FNM) and Freddie Mac (FRE).
These companies are moving based off news, financing, possible collapse, blah blah, blah…go watch CNBC, it bores me…but notice how the panic really set in when they both took out their March lows.
This is what I’m talking about when I say I want to short into lower lows, whether that appears on an intraday, daily or monthly basis, preferably altogether as that’s when there are stop losses galore getting taken out simultaneously, or at least within a few minutes of each other, and if you’re a short seller, it’s like riding a giant wave, a big ass wave of computer generated sell orders!
Behold the Mona Lisa for short sellers:
Continue Reading »
Three Small Profitable Trades For TIM; Three Giant Gains For TIMalert-kind
Posted by timothysykes on Thu 3rd of Jul, 2008 02:50:51 PM Sponsor Offer:
Yup, posted about another couple of trades rather perfectly, even while I personally screwed them up a bit…this has gotta be some kind of record, what is it 10 years of this crap now? Welcome to my life brothas!
Wednesday: After a morning runup, I saw HYGS fading a bit—price and volume-wise, so I pulled up my Thinkorswim live chat to enter in my order (reserved shares in the morning, but just put a note on my account) and guess what I saw, I had shorted 2,000 TGC at $3.49 (thinking it’d never get up that high, I was too lazy to put a note on my account/have to get the chat window open again, the sequel to my original VRML mistake) and now that stock was at $3.75….friggin moron!?!?!?! Wasn’t a bad short in the overall scheme of its chart so I told TIMalert subscribers I’d hold onto it and see how it’d perform, even if it was an accidental trade. Also told em, I was watching HYGS for a possible fade since at $2.30ish, it was only up 5 cents on the day and sellers were looking more determined (forming a wall of sellers with fading buy volume)…
A few seconds later and HYGS has broken $2.30 so I put in the order to short 2,000 with a limit of $2.27…got $2.29, whewww….emailed TIMalert peeps (members-only website coming next week so you never miss anything) by saying “i think if it takes out 2.28-2.25ish, it can go under $2”…just as that was breaking down a bit, TGC pulled back too so I decided to play it safe, covering at $3.44, a 5 cent/share gain, but basically getting me out of a trade I never meant to be in.
A few minutes later, HYGS had indeed gone
Continue Reading »
Trust No One But Respect The Action: 3 Oil Breakouts & 4 Breakdowns
Posted by timothysykes on Wed 2nd of Jul, 2008 01:27:56 PM Sponsor Offer:
Ahh you gotta love it when new players enter and old ones retire—traders AND stocks. The key is being able to take what you can from each and then move onto the new hotness…
With that thinking, I loved CNEH—it was a weekend affair—but its proving itself to be too slow to continue to interest me (that’s right, I have commitment issues, I said it), CHQ and GST have been trying awfully hard, but their volume just plain sucks. Traders are fickle, we gotta have big moves and big volume…
So check out the 7 charts below, 3 of them are the new hot plays
Continue Reading »
Breaking News Rumor: Trader Monthly / Doubledown Media Flat Broke, Forced To Turn Off Air Conditioning
Posted by timothysykes on Fri 27th of Jun, 2008 11:17:08 AM Sponsor Offer:
Wow, the immature prick that I am, I’ve dreamed of this day ever since their sick twisted son of a bitch editor-in-thief Randall “The ideal reader is 29 years old, making $400,000 a year, and spending all of it.” Lane’s smear campaign of me waaaay back in early 2007, but now it looks to finally be coming true. Rumors are flying that after losing an arbitration case with Private Air (who after “buying” their magazine, they allegedly stiffed), now they are flat broke and have turned off the air conditioning in their midtown Manhattan offices!
Karma’s a bitch, huh Randy?
It gets worse,
Continue Reading »
Short Selling Games: How To & Not To Short A Morning Spike
Posted by timothysykes on Wed 25th of Jun, 2008 12:41:30 PM Sponsor Offer:
Each of the past two mornings, I’ve shorted Uranium Resources, Inc. (URRE)—mainly cuz it’s up so much and its horrendous long-term chart and level 2 price action tells me there’s a ton of bitter shareholders looking to sell on these bounces. This 100% stock price spike naturally has brought in the short sellers, many of whom are complete morons, thinking it’s gonna collapse at any moment and I gotta thank God for their existence cuz their premature entry and inevitable squeezing is what causes these morning spikes.
Yesterday, I wisely waited for a nice wall of sellers to enter—meaning there was plenty of overhead resistance, even during the spike, shorting 1,500 at $4.05—even though it was off the day high by 20 cents…I wanted 30 cents of downside and got some of it, but when buyers seemed determined in the $3.85 range, I said to my self “can’t be greedy, this isn’t an I deal play” (it wasn’t negative on the day nor the afternoon). Covering at $3.90 it was a decent $200 gain.
Today, I got greedy.
Continue Reading »
Why I Shorted Probable Fraud Hydrogen Hybrid Tech Inc (HYHY) & Think Its Headed Lower
Posted by timothysykes on Wed 18th of Jun, 2008 06:49:26 PM Sponsor Offer:
After initially writing about why I’d bought HYHY right before the market close for an overnight long yesterday, now I’m writing about why I shorted the same stock right before the market close today (welcome to trading). After all, I’d already taken my poorly timed $300ish profits—leaving $500 on the table…life could be worse–and I have no allegiance to it whatsoever—it’s just the latest probable fraud to have sent out a massive spam mailer that sucked in naïve greedy buyers.
You know what, now that I’m short, hell, let’s call a spade a spade—it’s a total fraud, as I outlined in my original post. But that’s not why I went short…
I shorted 2,000 shares at $2.31, emailing TIMalert subscribers with plenty of time before the market close—already up 6 cents/share on my position—because this pile of manure exemplified the classic “falling off a cliff” intraday pattern that’s usually the end to so many runs, meaning the market makers couldn’t prop it up anymore as all, or mostly all, of the spam buyers had already bought, leaving a massive supply-demand imbalance that could only be resolved with lower prices (that might attract some buyers).
One Of The Worst Trades Of My Life & Still A Solid Profit: Behold PennyStocking!
Posted by timothysykes on Thu 12th of Jun, 2008 12:24:06 PM Sponsor Offer:
You know how I always say wait for ideal opportunities? Well today was one and while I made $700, I screwed it up completely—latest proof that if u stick to these kinds of plays, its sooooooooo tough not to make money:
When a piece-of-cow-dung-type company (just look at the chart, little research other than that needed) like South Texas Oil Company (STXX) spikes up…for any reason…you gotta get interested in shorting it. When similarly foul smelling stock promoter Lebed is involved, the BullShitometer goes off the charts and you just gotta reserve shares ASAP
Well that was the thinking that made me short 1000 shares of this stock yesterday at $4—mistakenly believing I got a good execution since the volume was pathetic and the bid was $3.40, I figured I’d scalp it for an easy 30-50 cents/share…unfortunately, the bid caught up and shorts like me got squeezed to the $4.50 range (thankfully the company is so bad, even stock promotion couldn’t get it up much more than that!). Displaying some newfound patience/conservatism, I controlled my losses and covered at an average of $4.22, a $250 loss, but not bad considering my impatience/stupidity at getting in in the first place (I love how several PennyStocking DVD students commented/emailed/IMed me I was wrong for getting in—at least I’m a good teacher!)
Continue Reading »
This Is How A Fraud Trades: Laud Resources Inc (LAUD) & MyECheck Inc (MYEC)
Posted by timothysykes on Wed 11th of Jun, 2008 03:17:15 PM Sponsor Offer:
That’s right kids, it’s time to play another round of “This Is How A Fraud Trades” Cue the music.
LAUD Resources Inc. (OTCBB: LAUD) is now woth over $200mil and has revenues of $1 mil…and that chart, as you all should know by now, is a classic classic manipulation scheme…company will say “we don’t know who’s manipulating our stock, we’re just innocent victims”…and then do a financing at 70% discount to pumped up prices…god I love this game!
Why I Shorted Turd Of A Company PokerTek, Inc. (PTEK)
Posted by timothysykes on Sun 8th of Jun, 2008 08:57:05 PM Sponsor Offer:
If you’re familiar with my short-biased PennyStocking trading strategy, or watched the latest episode of LiveStock (in which I detailed this setup), it’s not hard to tell why I shorted 1,000 shares of PokerTek, Inc. (PTEK) at $4.69 right before the market close on Friday.
Not only was Friday its first down day after 5 straight—agonizing for early shorts, opportunistic for later shorts—up-days, after a blatantly-obvious-typically-bankruptcy-coming-type 50% mid-month drop in May, if on Monday we get a morning panic (which seems likely considering Friday’s price action with hugely fading volume due to the gradual realization by bitter long-term shareholders realizing they’d better take this bounce as an opportunity to the hell out and aggressive shorts to get in) that takes out Friday support of $4.50ish making $4 a likely downside target, which if the sellers can take out the probable stop losses there brings up $3.80ish, if you take a look at the reasons for the runup, you’ll see it’s no different than f#@%ed-company-last-chance-at-raising-capital-through-hype-type plays like IPIX, CAFÉ, VION and eerily-similar VRML of the past, all of which had been great piece-of-3-day-old-smelling-dung-type stocks to short into these message-board-rumor-floated-fueled-type plays.
My Latest Successful Scalp Trade: PokerTek Inc (PTEK)
Posted by timothysykes on Thu 5th of Jun, 2008 10:42:37 AM Sponsor Offer:
Shorting a spike like PTEK may sound simple—stock up big on hype and fluff news, me think it go down, me short—but outside of snakeoil world, there’s a few more real world variables to consider. Of course, when I shorted 1,000 shares into a spike at $5.60 (already off its highs though, reducing my risk of further spikage) this morning, I thought it would go down—there was a wall of sellers behind me, buying volume had diminished and if it could take out morning support at $5.40, it could really tank and perhaps go negative on the day cracking $5.15 and then it’d be tough to get much past $4.80-$5 considering that was yesterday’s support.
Buuut it was still green on the day, it was a morning short going for a quick reversal so it wasn’t ideal, and there were big block buyers. Oh yeah and there was that little thing where I have about a dozen writing assignments due in the next 2-3 days—blog posts, AOL & Yahoo articles and LiveStock scripts—so I wouldn’t be able to watch this all day like I typically do.
Continue 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%)
