Posts Tagged ‘Manipulation’
10 Hot Stocks & Other Cynical Views On The Trashy World Of Penny Stocks
VRML Still 1,300 Shares short @ $3.75
LGDI
Both are supernovas, LGDI near its highs, but VRML still up waaay more %-wise…both have fading volume, both can still squeeze shorts even though they’ll probly fail. I’m short VRML cuz it’s up on stock promoters, ill-researched media story and best of all the company is a truly failing biotech microcrap in the same vein as REED, VION, DARA and PSTI—each of which also jumped 200%+ and have now retraced ALL of their gains (PSTI is only halfway, but give its also the newest)
VRML coulda woulda shoulda gone negative on the day, cracking the key $3.40 yesterday, but they smartly issued a fluffy PR I won’t dignify linking to (they formed a committee)(you think they don’t know that would squeeze some shorts c’mon, this is the beauty of pumping–they don’t have actual business to tie them down, their business is getting the stock up!…still, after an initial spike, very nice gradual downtrending all day, great sign, sooner or later, we’ll get some panic selling
HDSN
You can’t stop this air conditioner play (seriously) after it just reported solid earnings…good for 25 cents/share intraday peaks and valleys, if you’re into that sort of thing
OIL
Woooo $125, I don’t care. I hope it goes to $1,000, then we’ll get plenty of great oil pump and dumps and our short selling 
profits will be that much greater when the whole world is in the midst of a crippling depression!
Stock Puppets: A Funny Thing Happened On The Way To Cutting Through Industry BS
When I created this book-blog-DVD publishing business model that is BullShip Press, LLC, I figured I’d repeat my feat, become the top ranked / most popular guy on Covestor, show everyone exactly how to turn thousands into millions trading fantastically predictable penny stocks without using any leverage whatsoever, cut through all the industry corruption and ego, teach a few people and many former suckers how to profit from it, and piss a few others off by promoting my book An American Hedge Fund and instructional DVD PennyStocking in EVERY blog post (cuz they’re that important / helpful / necessary and help cut down too many questions / emails I get).
Everything’s been going well—and then, a few weeks ago, I discovered some bastard using a variation of my name, “timsykus1” on the animalistic Yahoo! message boards. I did some research and discovered the term for this kind of deceit is a “sock puppet”. I thought, okay, that was bound to happen, ignore it.
Flash forward to last night when I’m doing my nightly screen for potential pump and dumps and I come upon VRML, a miserably failing biotech in the same vein as its Paulie-from-the-movie-Rocky-like relatives REED, PSTI and VION, all of which were great to short sell into. And lo and behold, who do I see promoting this thing that belongs in a toilet—yup, “timsykus1” again, using my good name—at least to those who are blind in one eye—to pump this stock!
15 Low Priced Stocks: Buy & Short Sell Some, Avoid Most, Despise Them All!
First, let’s get the fun / useless guessing game contest over with—with YHOO’s $24.37 closing price, there were 2 winners: Ann-Nan Lo $24.50 and DarkMatter $24.24—congrats guys! (UPDATE: Ann-Nan Lo has been disqualified cuz her winning guess was her second…wow, my readers are on top of things!)
Now to business, stocks with predictable charts—doubt any of these topics will get 200+ comments, but gimme a few years to set you straight. Tons of plays, gonna be handicapped yet again by the SEC pattern day trading rule—all that handicapping inspired me to write one hell of a post, which I gotta vet with a lawyer…
VNDA
Yes its bounced, but its a ton off its highs and it’s an earnings play, still watching it, doubt I’ll have the buying power to touch it, f$#@ you SEC!
LGDI
My top play for today, made $350 ayer, look to make more if and when it cracks $4.40 to the downside, could / should move fast when it cracks as that’ll put it slightly down on the day, potential to go all the way down to $4, then it’s a game of whether or not stop losses can get taken out, $4.05-$4.10 if it holds, $3.60-$3.70 if it doesn’t…and this is all of course after the probable / hopeful morning short squeeze , which could / should retest highs, pleaseeeeeeee…game of chess baby, I don’t know how to play, only game I know is PennyStocking where you gotta think a few moves ahead!
SUNV
Kills me I didn’t short into yesterday’s spike, read my twitter message about it (Follow me on there to get quick messages like that), I was all set! That calls for my second f$#@ you to the SEC in as any minutes.
FEED
Lesson in why you don’t scalp these range bound suckers, use my friggin experience to your advantage you dumb Jews!
Shorting Into Penny Stock Manipulation Works Wonders But The SEC Still Owes Me $500
Going into today, as I posted pre-market, I thoroughly expected to short LGDI because it had all the right elements—junky company, big run-up, toxic SEC filings and new today no less than 12 paid-for stock promotion pieces! (somebody’s paying biiiig $ for those)
So, I reserved 1,000 shares to short for the day. Been working myself dizzy lately so I looked forward to taking an early morning nap, but when this thing shot up from $4 to $4.75 before 9:45am—or a $140 million increase n top of its already thoroughly ridiculous $700 million marketcap—I couldn’t help but want to bet against it, excitably shorting 1,000 shares just off its highs at $4.62.
I know, I know, in my PennyStocking DVD, I preach again and again how important it is to wait until the afternoon to fade these suckers, but I am a trading addict so there’s really little hope for me. The good news is I’m an experienced addict so I never overdose—as undisciplined as this short was, it was a small position. Just as the stock jumped to $5 and I felt sick to my stomach for blowing yet another trade, I didn’t panic, instead reserving another 1,000 shares to short to get my average price up.
Since the chart’s already gone Supernova, I knew—yes I knew—the end, or at least a pause / slight reversal, would develop either today or tomorrow. That’s the beautiful thing about these plays—you don’t have to be perfect to profit, far from it, you just gotta get close and understand what’s goin’ on—and sure enough within an hour, after the volume faded big-time (meaning the hype fro the paid-for news releases had worn off) and it double–topped at $5, the tank was on so I added 500 shares—playing it conservatively—at $4.78 to get my average cost up to $4.67.
10 Hot Stocks: Hanging Out With All The Liars, Cheats And Frauds In Penny Stock Purgatory
Seeing all the soulless scumbags around me, I can’t help but feel like this guy…name the movie!
LGDI.OB agri is so hot right now, great fluffy PR this morning, this is a solid pump—probly created by those who got cheap shares as disclosed in THIS toxic SEC filing just a few days ago…chart reminds me of NCEN from a few weeks ago—which dropped 40% off its highs, but patterns evolve (that’s right, you can’t just memorize patterns and then trade—you’ll get your ass handed to you, you actually gotta understand the variables that align to create them so you can ADAPT to change, as detailed in my instructional DVD PennyStocking) (welcome to why this niche is different from all others aka my publishing business model)
SUNV.OB Not enough time in the day to explain everything wrong with this company, its all just exemplified by this blatantly misleading press release, an interview for which they paid, no different from the half dozen mentions HERE for which the pumpers paid
Trading The Latest Hot Beverage Stock: Skinny Nutritional (SKNY.OB)
Skinny Nutritional (SKNY.OB) (oxymoronic?) just launched the latest zero calorie water brand, Skinny Water, lured in some third-tier Coca Cola executive to serve on their board, basically entirely for his title (giving him 2mil shares–and many others many millions more–while unsuccessfully / humorously / amateurishly trying to ticker spam that announcement to get included in the Yahoo! news of Coca-Cola bottling (COKE), Pepsi (PEP) and of course Coca Cola (KO) (silly pumpers, for some strange reason, you guys haven’t read my book An American Hedge Fund, if you had, you’d know ticker spam is for kids…back in 1999-2000!), all the while trying to pitch themselves as the next Vitamin Water.
Is Dennis Gartman A Classy Pump And Dumper? You Be The Judge
Let’s see what you guys think: after I labeled him a “classy pump and dumper” in THIS post, Dennis Gartman, the man himself, was kind/brave/classy enough to post this comment under that post:
Tim,
I take rather strong exception to your comment referring to me as a “Pump and Dumper.” That is simply not true. I know of no one in the industry who puts forth his positions in the funds managed or the personal trading accounts run that are as transparent and as clear as are mine.
Rather than “pump and dump” COIN last time, I bought it and ended up losing a goodly sum of money… Indeed, that was the largest loss I’ve had this year, although I remain up 7% for the year-to-date, and was up a bit more than 22% last year, and nearly that same amount the year before that, and the year before that. Oh, and the fund I manage in Canada is up 29% from its inception last April, so clearly I have some modest abilities in the arena of investing/trading.
At any rate, I have indeed bought back into COIN; the company intrigues me. My position is small, and as is always the case, I’ll add more when my initial positions proves profitable and has been insulated from what I perceive to be random market noise.
Warm regards,
Dennis Gartman
Dennis, thanks for your reply, I never meant to offend you—it’s nothing personal, it’s just business—tracking pump and dumps is my business. When Barrons publishes a list of your stock picks and COIN a.) is the only microcrap listed, b.) the company not only has a shady past, but is directly connected/managed by people with shady pasts and c.) you admit to selling into strength just a few days after that article, strength that was directly caused by your article, something ain’t right.
Why Dennis Gartman Is A Classy Pump And Dumper & Some Other Hot Stocks
COIN
Yup, that old “classy” pump and dumper Dennis Gartman is at it again—re-adding this company with ZERO revenues (and even though they have PRs for everything including partnering with charities but can’t seem to find the time to put out ANY quarterly earnings PRs!)….last time he recommended this in Barorns right around the same price, the stock spiked and he admittedly sold into that strength, c’mon Garty, do your little song and dance routine again so you can pump and dump one more time! (SEC: I gotta remind you underpaid overworked fellas that original Barrons article was such a blatant case of stock manipulation—COIN was the only stock under $1 billion in marketcap). At least true bottom of the barrel penny pumpers don’t hide what they really are—they know they are scum—Gartman does—that makes him a typical industry villain!
Shorts don’t even think about it yet, yes, you might be able to scalp it, but never underestimate a scam of a company whose charts has now determinedly bottomed at $8 and $9…just not much downside here…short-term at least
BSHF
Totally screwed this one up yesterday, went short into a morning dip, looking for an outright panic, didn’t get it, 2 hours too early, seriously, so close, covered for a $90 loss…detailed post coming…when you know you have a busy day, just don’t trade—99 times out of 100, trading takes priority, but since launching this new site today was non-negotiable (and as you can see we’ve still got a ton of bugs to work out), wasting a day watching this stock wasn’t an option…stupid trade, even if it is a great example of how well shorting spa stocks works
PWSV
A spam stock breaking out higher…great example of why I take my profits quickly and don’t stick around to wait for hte FBI to bust in (they’re slow)
VM
To prevent me from trading—yes, it really is that much of an addiction—I turned my trading software off yesterday afternoon, missing this stunning beauty of fader…never say my readers ain’t smart, resident wise ass Ben Bien nailed this in the TIMforums before it dropped big–too bad he didn’t have a Thinkorswim account to short it though! Brand the chart below into your brains. Summary: solid multi-day runner, big-time short squeeze /rumors yesterday, you wanna short when that squeeze starts to fade (although I don’t like rumor stocks), in the afternoon when it cracks the $4.60 range
LNG
Another stock I missed rolling over, over the painnnnnnnnn
GST
Strong little sucker, remember, don’t even think about shorting until you see the whites of their eyes!
CDY
Spiked a few weeks ago, retraced, now it’s spiking even higher…gotta be careful with these, already sucked/squeezed a few short sellers out there
KTCC
Up on strong earnings, sure there might be some retracing going on, but I don’t short small stocks that put up big earnings, obviously the odds of giant success are still against them, but they’re putting up a good fight
I’m Travelling But Who Cares, Here Are Some Hot Penny Stocks
Gonna be traveling all day to my U of M speech so considering how good some of these plays are looking, I’m gonna miss out and inevitably get some emails sayin’ I’m a failed trader, but that’s a small price to pay to get the expected 150+ students to think cynically about the financial industry freakshow! Here’s the microcrap landscape…cheers:
PDO just keeps it goin, showing why THIS trade was actually pretty damn good, at least for a short seller—as I preach in PennyStocking, shorting, while ultimately correct considering how shady these companies are, is much tougher, I really want you guys to learn to play these from the long side (something which I could never really master)…as for when to short, don’t stand in it’s way, this is a full fledged Supernova! Just sit back and let all the early shorts kick, scream and ultimately panic cover—that’s when I’ll start looking’ to enter
HDY is another sketchy oil and gas play that puts out exaggerated PRs, spikes and then does nothing…last 7 spikes have all been good short opportunities, their PR firm is Investor Awareness Inc whose business—judging by their other clients—is to take a few thousand dollars/month and do little to nothing offering up excuses like “it’s tough to get any upside in a market like this” and “no microcraps are doing well right now”. Too bad HDY doesn’t hire somebody scummier/more unethical so this stock can actually pumped like it should be!
Plunging Home Sales: The Latest Example Of Why Technical Analysis Trumps Media Scumbags
Home sales are plunging, 13%+ annual drop, largest since 1970, it’s gonna be another depression, we’re all gonna die—blehhhhhh! Who cares? Yeah you heard me—let the flippers suffer/go bankrupt/in debt, that’s what they get for their utter disregard of historical research and for listening to big talkers like Donald Trump who love to un/knowingly risk disaster.
Traders and investors who rely on the one true thing in finance—the charts—know better; the biggest homebuilders stocks (LEN), (KBH), and (TOL) are all slightly higher since this “disastrous” news broke and their charts have been bottoming for weeks. The overall market is up big over the past two days and it’s not because the stock market is some random uber-mysterious thing.
It’s because as much as financial media circus loves talking panic—it helps ratings—all this bad news is already priced in. That’s the beautiful thing about the stock market, it doesn’t care about media scumbags and their ratings-hungry outlets, nor does it bother reading the attention-grabbing headlines—only expectations matter. That’s right kiddies, it’s not that complicated—you just have to be aware of all the industry BS–my telling you this probly means I’ll never get to bring female models on CNBC again :(, but sometimes you gotta make sacrifices for the greater good.
Sure, expectations on individual stocks can be manipulated by the media and promoter scumbags, but not on macro issues—there’s just too many smart people who’ve learned how the game works. After all, the talking heads all put together ain’t worth more than a three-dollar bill because the market don’t give a damn about guesswork.
Navigate
$
Updated Daily!
67 Books
Up 52%
20 Videos
3 Podcasts
8 Talking Pics
65 Links
Stocks Review
UPDATES
May 10, 2008Saturday linkfest, read it or weep
May 9, 2008Made a cool 20% in 2 days on VRML, just a perfectly executed trade from start to finish, nap time
May 9, 2008VRML about to crack $3.40, could take 20 minutes or so, enough time to listen to the latest TIMradio podcast with Thinkorswim founder / industry badass Tom Sosnoff!
May 9, 200810 stocks to watch today, don't worry about not finding shares to short, few are ideal anyway
TIMtrades
Learn from my successes, learn from my failures, learn from 
56% TIMreads
TIMtags
Loading ...
