Blog Archives:

Dear Leveraged Sellout, I’m You…Only Better…Bitch

Posted by Timothy Sykes on Fri 5th of Sep, 2008 03:55:31 PM

Remember I wrote THIS post about the horrific timing/outright failure of Leveraged Sellout’s book “Damn It Feels Dumb To Be A Published Author?”

Well, now he tries to fight back in THIS interview with WSF…saying “Who the fuck is Timothy Sykes?”

I’ll respond to that in a sec, but understand his publisher is so desperate for sales, they even sprung for a THIS bad ass video and while it’s actually pretty funny/well done, it still isn’t helping him sell many copies of his over-hyped book (Amazon sales rank of 500 means 150 books/week)

Okay here’s my response:
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Housing Ain’t Bottoming, You’re All Gonna Be Poor!

Posted by Timothy Sykes on Mon 28th of Jul, 2008 11:24:31 AM

I just had to link to this great post from Barry Ritholz on housing (Click HERE to read it). I truly hope it does play out like that cuz all the dumb money really deserves to be punished…justice must be served. And, considering the investments already made by folks leveraged to the hilt, that justice could turn out to be very cruel very shortly. (HERE’s another good post of how bad it is)

Who knows what’s actually gonna happen, it’s a guessing game–all we know is that in the end, whoever correctly guesses bullish or bearish before any rebound or crash is gonna be honored to death, no matter that they have a 50% chance of being right and even if they make a few more right calls, the sample size of their “genius” is so small it’s like calling someone in a casino who correctly bets on black five or six times in a row a genius. Obviously no sane person would call a degenerate gambler that, but this is finance baby, an industry that is so backwards, it’s gonna take me decades to get everyone to realize how corrupt it all is & how you can profit form it (yet another reason to wipe ‘em all out).

Don’t even get me started on how much better PennyStocking is, predictability- and credibility-wise (now THIS is a useful sample set), we’ll save that topic for random rants to be posted over the next decade…for now, just know–as I’ve also been advised by several bigtimers–don’t even think about trying to predict the market/economic/housing bottom, we’re paying for waaaaaay too many sins of the past. Just play it safe with ALL your trades and investments and make it through this deleveraging/credit unwinding, profiting from individual ideal plays whenever they decide to pop up…

I Like Paul Farrell, America Is Going To Hell & Taking Value Investors Down With It!

Posted by timothysykes on Thu 24th of Jul, 2008 12:05:07 PM

Wait, there’s a good article on Marketwatch?!?!?!? At first, I couldn’t believe it myself. Other than TH’s trading war stories, I haven’t seen anything useful on that site since the Nixon era. But now Paul B. Farell has got my attention, and my respect, for writing THIS article entitled “11 reasons America’s a new socialist economy”.

After all, it doesn’t really matter what you believe politics- or investment-wise, the fact of the matter is our country stopped being great and now everyone’s scrambling around to figure out where we went wrong.

The incompetent SEC is trying to skapegoat short sellers (FYI prohibiting a free stock market and trying to save suicide kings like Federal National Mortgage Association (NYSE: FNM) — Fannie Mae — and Federal Home Loan Mortgage Corporation (NYSE: FRE) — Freddie Mac — screams socialism.

And investors, specifically sissy value investors, aren’t helping as their flawed ideaology is losing sheep-like, marketing-gullible investors prey billions as their “long-term investments” in bumbling behemoths like General Electric Company (GE) & American Express Company (AXP) goes straight to ____________ (fill in with the derogatory word of your choice).

Blah blah blah, enough of me whining, see some of the article’s snippets below to see how much better of a whiner Farrell is:
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My Soon-To-Be Legendary-Cuz-It’s-Dead-On AMEX Black Card Interview

Posted by timothysykes on Fri 18th of Jul, 2008 12:35:04 PM

I’ve teased my recent interview about the AMEX Black Card in a few blog posts, but due to overwhelming demand and critical acclaim, I gotta post some of it below so that those who are too lazy to click links can see what all the hype is about…

These are just a few select questions-and-answers, see the full article HERE:

So Tim, what are your thoughts on the black card?

I think it’s got some great benefits and features and it’s definitely bragworthy, but I doubt it’s right for anybody who doesn’t own their own biz, is worth less than a few mil or for any cheap Jews. In fact, I think the Torah specifically states in Cheapjewonomy 3:23-7:11: “Thou shalt not
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The SEC Mandated Debate + Prohibition On Short Selling=Government Sponsored Market Tyranny/Only Chance In Hell To Bottom

Posted by timothysykes on Tue 15th of Jul, 2008 02:45:37 PM

So now–after the public complains loud enough cuz they’re losing their asses in their “value investments” (learn to do some f%^&en due diligence you sh$%heads)–Osama bin SEC field agents have sent subpoenas, aka instruments of terror, to hedge fund managers and traders who are spreading bad rumors in order to profit from Short Selling these embarrassing financial companies.

Hell, right in the middle of me writing this post, Osama’s decided they’re even gonna clamp down on allowing people to short sell these turds! Just their latest terrorist act since they believe anyone who preaches and practices financial freedom to be infidels. (Emergency measures my Jew-ass, the problem lay with the companies and the leverage/power/manipulative-marketing-schemes themselves, not those who are smart enough to realize how fu$#ed these leverage/coke-loving bandits truly are, most assuredly business-wise and stock-wise too until the SEC just gave them a get out of jail free card for the latter)

This is big news–Osama bin SEC is mobilizing their terrorist committees so it’s gotta be covered by the financial media circus, giving us time-wasting debates like THIS one. I like that my man Lindzon defends short sellers, actually most of the people on there do, but WTF is the point of the whole debate in the first place?

Big bad SEC gonna investigate, rumors bad, punish bad opportunists, Short Selling so bad, or is it good, maybe it’s good, maybe companies are bad, why no SEC investigate them, oh wait, they hire lobbyists, they rich, they get government peeps in trouble, SEC no want lobbyist trouble, SEC weak, back to short sellers bad, commentators know it not fair, they smart, learn SEC, learn, watch Fox Biz, too bad nobody watches, lobbyists win, SEC stop short sellers…

Does Fox Biz really not understand that people don’t
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Let My Haters Entertain You aka They Feed Me The Fuel That I Need For The Fire

Posted by timothysykes on Thu 10th of Jul, 2008 04:00:40 PM

It’s been a slow summer—the economy, housing and the consumer are collapsing, along with Traitor Monthly Magazine—all paying for their many sins of the past (an economic Sodom & Gemorah!). Hard working, research-lacking, coke-snorting finance freaks everywhere are either getting paid less or losing their jobs, which is really hitting the drug trade hard, and yet I’m doing the same thing I always do, profiting (70% in 7 months) and teaching others to profit (grad student Tony Ellis up $50k, Mike the machinist up $300k!) from the most corrupt, manipulated and incompetent publicly traded companies in the world (promoted and managed by many cokeheads too…no joke)!

Maybe it’s my booming site traffic…which has led to steady growth in my monthly income of $10k, $15k, $20k and now $25k (yeah suck on that you cubicle monkeys!) or my #1 ranking on Covestor for both popularity (see HERE) and performance (see HERE)….or the fact that I’ve gotten over 200+ subscribers within just a few weeks for my premium TIMalerts real-time trade alert service (average gain 20% per pick..so far, whaaaaaat)…or cuz I like mentioning my no BS PennyStocking instructional DVD package (newbies get this before you email me basic questions) and critically acclaimed best selling book An American Hedge Fund in most of my blog posts (cuz they’re damn quality products!)…or perhaps it’s because I could care less about/enjoy ripping on all the BS traditions and BSers in this joke of an ego-based, coke-fueled leverage-loving industry (see my recent interview on this subject HERE) and most definitely it’s due to me not giving a flying f$#% about standard grammar/politeness nor selling out to use my pseudo-celebrity status to make more money than most by ripping thousands of people off—as is standard soulless bastard industry practice—but for whatever reason, my hater (s) have (has) come out in force.

To all you hardcore traders, this post is not a waste, it’s pure entertainment baby…and it keeps you and me both away from forcing trades on setups that aren’t there!

So, take a look at some ridiculous edits on Wikipedia page:
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Yes, You Can See ALL My Trades Here:

Posted by timothysykes on Tue 1st of Jul, 2008 04:20:07 PM

By now, somehow I thought you guys would all understand that ALL my trades are open and detailed on the right hand side of this page, the TIMtrades button on the upper right hand side NAV bar or by clicking HERE. Don’t let the buy/sell price fool you, they’re mostly short sales, I simply sell first, then buy back later (for full definition of Short Selling, click HERE)

ALL my trades are fully detailed and you can debate them, ask questions, whatever, you will understand how I make money–that’s what Transparent Investment Management, TIM, is all about–full transparency (see press release HERE)

And to prove I ain’t lying–as most message board posters and particularly people selling an instructional trading DVD aka PennyStocking and real-time trading alerts aka TIMalerts do–my trading is tracked by Covestor (follow me HERE), a service that taps directly into my brokerage account and verifies all trades–so this isn’t one of the many BS sites where you write down whatever numbers you want, inevitably making yourself out to be great (to you twisted sick fools who do that, you should be ashamed…you learn nothing…nothing!)

For those of you who are new to the site–and there’s quite a few of you–it’s a project that
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Yes, 99% Of OTCBB, Pink Sheet Stocks & Stocks Under $5 Are Scams, Schemes & Frauds

Posted by timothysykes on Sun 29th of Jun, 2008 03:53:56 PM

It’s quite funny to see/hear/read some people’s reactions when I say this, which is rather obvious to most. Most big-time Wall Streeters know this—that’s why they don’t voyage down here, most veteran traders know this—that’s why they avoid this sector like the plague, but amateurs, suckers and newbie traders have a hard time believing it.

Because they believe in the goodness of people. Especially polished-presentation-talking businesspeople. They believe people are honest. And fair. And just. Because they are drinking the Kool-Aid these companies so willingly spout day and night.

No.

Down here in the gutter of Wall Street—well, really everywhere too, but especially down here—people are dishonest. They craft lies, exaggerations and misinformation for their own purposes. They hide the skeletons in the closet, stuffing them down, until there’s so many they simply bust through the door. They are not your friends. They are not your family. They are not to be trusted. Even if they are your friends and family. Especially, if they’re your friends and family.

Because
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Why The Pattern Day Trader Rule Proves The SEC Rivals Osama Bin Laden In Terrorism

Posted by timothysykes on Wed 4th of Jun, 2008 01:25:35 PM

Yup I said it. While making a nice quick 5+% American profit, or $350ish, in an hour on my LGDI trade a few weeks ago, my blood boiled over due to the missed opportunities caused by the SEC’s pattern day trading rule. And while I’ve attacked it in the past, there was no formal summary post that explained all my key points. Considering how many stocks are in play today and the fact that I am forced to ignore 99% of them, it’s time I unleash this fury.

The formal definition of this inane rule is HERE, and once you read it, you’ll begin to understand why I call it the Reign Of Terror Rule. In fact, I’ve got an entire category devoted to it as I’ve documented each and every time it’s interfered with my trading since I began TIM in November 2007.

Basically, if your trading account is below $25,000—as are the accounts of so many poor people out there—you can only day trade (meaning in and out the same day) 4 times per week. If you trade more than that, you get flagged as a pattern day trader and your account gets restricted because you’re considered evil, as most day traders are believed to be. (Yes sometimes you can trade a few more times than that—since its all rather gray area and the brokerage firms themselves despise this rule—but my point is there should be no limits whatsoever!)

Even though I’ve still got over $500,000 in liquid cash to trade with, I went back to my $12,415 roots specifically to draw attention to this injustice because most people, including industry big wigs, don’t even know about it. After all, the last time I had this little money, it hadn’t been instituted and I’m forever thankful since trading freedom allowed me to get rich.
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Trust No Financial Blogger, Message Board Poster, Website Or Service Provider

Posted by timothysykes on Thu 29th of May, 2008 12:04:51 PM

Lately I’ve been seeing a ton of talking heads, bloggers and message board posters touting their winners and playing down their losers. It seems as though just about everyone is an amazing traders/investor as their skill/ talent is downright amazing!

I call BS.

Very few people in this industry are talented at anything other than lying, manipulating, promoting and cheating. Everything you read—and I do mean everything—is guesswork. Nobody other than Buffett knows for certain that their strategies and theories are correct, but in this game, you gotta appear confident at all times. Every day you have people picking random stocks and making wild economic predictions, always careful to position themselves as experts so as to ensure demand for their services and the income they can must from that delusion.

This is no different than the hardly-human-anymore-scumbags over at EliteTrader who lie, each minute, about their trades and lives as they are the kinds of soulless bastards that represent this joke of an industry. It’s downright detestable for we know 90% of traders lose money and that 70% of professional fund managers fail to beat the indexes each year, so people who spend their time writing and commenting about the market—just about always using some corny alias or afraid to link their Facebook profile—aren’t any better. In fact, since they waste so much research/trading time writing and commenting everywhere, their actual results are probly far worse!

Don’t believe me—good. Learn to distrust everyone and you’ll be better off.

(Of course, I do use my real name, am one of the top ranked on Covestor and detail my losses openly cuz they’re great teaching tools, but I have a different prospective than most. I also am profiting for my openness through my book An American Hedge Fund and instructional DVD PennyStocking)
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One Incredible Website For Free MP3s And An Interesting Brunch…

Posted by timothysykes on Wed 21st of May, 2008 12:22:24 PM

Forget finance for a second, while we’re for these commodity plays to breakdown, check this out…First, the incredible website, ListenToYouTube.com—you type in a Youtube video URL and they extract an MP3 out of it within a minute for you to own freely forever. How great of an idea is that? And despite my stating in a Huffington Post interview a few weeks ago that I’d never give into the whole iTunes, well, I gave in, buying a Shuffle, which is good for workouts. Paying $1/song just was never in the cards for this cheap Jew so I’m glad this site came along or else I’d risk downloading nasty viruses.

Speaking of nasty, I gotta get your opinion on something…I was at brunch over the weekend with one of my friends who has a tiny Chihuahua…when the food arrived, she reached down to give her some to her dog…by way of her fork.
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The Pump And Dump Blues: Nothing Compares 2 U, In Loving Memory Of Cannon Exploration Inc (CNEX)

Posted by timothysykes on Wed 14th of May, 2008 07:02:52 PM

I’m sorry to have to announce the passing of Cannon Exploration Inc. (CNEX), a beautiful and vivacious pump and dump, who at the height of her popularity, was taken from us prematurely, like so many of our brave soldiers around the world

Beautiful CNEX, I know that living with you was sometimes hard, but I composed this wholly original song and even made a music video (even though the singer got the words wrong) in your honor.

It’s been seven hours and five dollars
Since you took your pump away
I research every hour and wait all day
Since you took your pump away
Since you been gone I can write about whatever I want
I can trade any stock I choose
I can look for stocks that are breaking out
But nothing
I said nothing can take away these pump and dump blues
`Cause no pump compares
No pump compares to you
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Thank The SEC For Once: Wall Street Warriors Open Casting Call

Posted by timothysykes on Sun 11th of May, 2008 10:24:14 AM

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Most reality shows gets tens to hundreds of thousands of applicants so the chances of actually getting picked are like the chances of me kissing and making up with the SEC aka slim to none. But not so in the joke that is the finance industry.

Thanks to absurd, blatantly anti-American regulations (SEC take a bow) limiting freedom of speech, freedom of the press and basically everything to which we Americans take for granted, firms and industry insiders won’t allow video cameras—and even more dangerous a possible international audience—to view such XXX-rated evils like stock trading and brokers baiting and switching! Money-making is simply too scandalous to ever be allowed to go mainstream, the public just wouldn’t be able to handle it, right?

This is why our children, influenced by TV/society, ignore finance/using their brains in favor of more animalistic/primitive pursuits, trying to perfect their voices (American Idol), muscles (ARod or American Gladiator) or looks (America’s Next Top Model) to get rich and famous.

Pathetic.

Luckily, if you don’t give a flying f$#@ about some imaginary line drawn by corrupt balding bastards (encore bow SEC…hmmm, they really like the ephors in the movie 300 aren’t they?) or if your firm is crappy/desperate enough to be willing to bend the rules, I give you THIS open Wall Street Warriors casting call. This Tuesday afternoon.
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Hey, Randall Lane, You Sick Twisted Son Of A Bitch, Remember Me?

Posted by timothysykes on Wed 7th of May, 2008 11:42:57 AM

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Photo Of Randall Lane By Chester Higgins Jr./The New York Times

Note: Aside from the last paragraph this post is written following the journalistic style of Randall Lane—treating assumptions and circumstantial evidence as fact. It’s cruel, amateurish and immature—oh yes, I know—but that basically sums this guy up so in order to help him grow up, he must be given a taste of his own medicine.

To those who don’t care and just want stock picks—this is also a great lesson on how to pounce when your enemy is wounded, no different than the vultures who took out Bear or LTCM.

Last time Randall Lane, editor-in-chief of Traitor Monthly was in Page Six, he was attacking a small-time trader (me) because his magazine staff fumbled, disinviting me from their little party at the last minute after we’d been discussing my covering the event for MSN Money for days.

Clearly in the wrong, this balding bastard was forced to go on the offensive, charging my hedge fund’s losses were the result of my publicity hounding rather than bothering to research the matter like a responsible journalist might do (turning his nose up at the complimentary book I’d sent him weeks before that explained the situation in detail) and running his arrogant mouth off to the press, confident of favorable treatment due to his connected Forbes wife.

Now, just a few months later, the tables have turned as Lane himself was fired as publisher of the Player’s magazine by Lenny “Nails” Dykstra who called Randy boy out on what he’s becoming known for, trash talking when he doesn’t get his way: “If you want to fight, take me on. Don’t go behind my back and bad mouth me,” said Dykstra. “He thinks I’m going to buckle,” said Dykstra, referring to Doubledown President Randall Lane. “I don’t buckle - I go to war.”
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ANALysts & Venture Capitalists Know S#@! About How SmallCap Stocks Trade

Posted by timothysykes on Tue 22nd of Apr, 2008 11:44:12 AM

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While I respect Andy Kessler for making a ton of $ back during the bubble and writing two superb books–Wall Street Meat and Running Money, this piece of s$#@ interview he gave on smallcaps really makes me mad. Not only does he believe it a foregone conclusion that investors should look for companies with emerging technologies, but he also refuses to name any names or give any kind of timeframe whatsoever for his theory.

To Andy and all other venture capitalists, do your thing with big companies, but don’t talk about smallcaps and microcaps—these companies ALL have cool technologies, but this isn’t 1999, most of these companies are gonna fail and their grim reality is reflected in their stock prices. While you have good intentions, interviews like this are what gets people investing / believing in these POS companies, inevitably losing $ and thinking this niche is random, which, if you focus on the proper variables—chart, volume, manipulation, message board hype etc—is clearly not the case. Dangerous dangerous dangerous, welcome to why media outlets are sooooo bad with smallcaps and microcaps–it’s a different world down here in the gutter, ain’t no place for WASPs!

5 Penny Stock Trading Misconceptions

Posted by timothysykes on Mon 14th of Apr, 2008 11:10:24 AM

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Thanks to my talent for self-promotion, I’ve been exposed to a crazy number of investors, traders and market theories. Here are a few misconceptions that keep popping up and are in desperate need of correcting:

1.You can’t short sell stocks under $5, you’re a liar and a fraud!

Ridiculous, of course you can! There’s no SEC rule against it, many crappy brokers just don’t allow it—hence their “crappy” title. If you want to learn PennyStocking, shorting low priced stocks is essential—that’s why I use Thinkorswim, I’m proud to do all my trading there—they rock!

2. Smallcap and microcap trading is a joke, if you want to prove yourself as a trader, trade large stocks, currencies or futures. Also, what kind of a trader is afraid to use leverage?

Thanks in no small part to the misguided, and ultimately harmful, teachings of yet another entertainment outlet masquerading as journalists, Traitor Monthly, many people think trading is about making the most, being the best and getting to the top the quickest. Screw that! Focus on long-term earning and learning—this isn’t a sport as your career doesn’t end when you’re 35-40 (it’s usually just beginning)—and look for high percentage profits wherever they might be. Yes, my niche will always be looked down upon cuz it’s unscalable and that’s just the way I like it.

All the smartest people ignore it so it’s an easier playing field—advantage me. I guess I’ll just have to console myself with annual profit potential of a few hundred thousand to a few million/year. Boo hoo.

And no, I’ll never use leverage—as these street peddlers are learning, yes, it can inflate profits, but it risks disaster. I’ll never advocate any strategy that risks disaster—Short Selling is risky enough as it is. Learn from the mistakes of the past—nothing is ever guaranteed…besides, if a strategy is worthwhile, the profits will be there and they’ll be hard earned and natural.
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Revolt Of The Untalented Financial Writers!

Posted by timothysykes on Fri 11th of Apr, 2008 02:55:43 PM

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Many of you are familiar with Seeking Alpha articles–mostly because SA’s founder David Jackson did a great job getting his content onto Yahoo! Finance–it ain’t due to the quality of work! It’s more because the financial media circus is all about more content.

Breaking news, earnings, scandals…bleh blah blah, all the most active stocks must be covered and dissected by boring-ass stuck-up finance freaks, all of whom put together are less entertaining than a block of wood all while they consistently underperform the major indexes aka people who should have no audience whatsoever and instead focus on learning how to beat the market and not being scum-sucking fee-earning marketers who take advantage of the general public’s lack of market understanding.

So, it’s rather funny to me–and it should be to you too–that many of these wannabes are revolting against SA, angry they’re not getting paid for their efforts.

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CNBC Has No Young Viewers, My Readers Are All Young, Hmmmmm

Posted by timothysykes on Sat 5th of Apr, 2008 05:57:01 PM

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Catching up on some somewhat-useless headlines…while CNBC’s ratings were up 20% as whole, their numbers for everybody not getting social security were down 20%. Where did those viewers go…obviously not to Fox Biz–not with their 10k daily viewers…sorry guys…and probably not to BloombergTV–that channel works better than Nyquil aka should never be watched while operating heavy machinery.

My guess: those “young people” stopped caring about finance because IT BORES THEM!

Insiders don’t realize it–they need to star on a reality TV show–outsiders understand nothing! It’s okay in bull markets because at least viewers are making money, but when bear markets hit, then they’re just confused AND poor…not a good combo at all.
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TIM Rips On Timothy, Two Verrrrrry Different Brands

Posted by timothysykes on Fri 4th of Apr, 2008 03:17:50 PM

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Just got one too many emails from weird weird weird people who mistakenly believe TIM is associated with The Timothy Plan. Let me set the record straight: hell no! Those guys give Timothy’s everywhere a bad name. Take one look at their mission statement and see that they’re total whack jobs:

The Timothy Plan® is a family of mutual funds offering individuals, like yourself, a biblical choice when it comes to investing. If you are concerned with the moral issues (abortion, pornography, anti-family entertainment, non-married lifestyles, alcohol, tobacco and gambling) that are destroying children and families you have come to the right place.

Their marketing materials probly should include pictures like this:

Unsurprisingly, Morningstar rates all their 14 funds one and two stars because they get graded on performance, not morality. And yet for all their inferiority, cult company assets are pretty decent—no doubt religion is a mighty find marketing device. (damn, if I only knew when I was trying to grow my hedge fund!)
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I’m Hungover And I Don’t Care Who Knows It!

Posted by timothysykes on Fri 4th of Apr, 2008 09:58:33 AM

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I’ve got nothing much to say right now and thanks to last night’s crazy Gawker-hosted party, I’ve got a pounding headache and I’m trying to watch the only 3 volatile low priced stocks at the moment—COIN, USU, YTBLA—but none are ideal…yet.

Also got a ton of chores to do. Uhhhhh. Screw it—I’m no use to anyone like this, I’m gonna go take a nap.

That’s the advantage of being a rich /self-employed and self-centered trader. I’ll be back with something witty/educational later today

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