Comments on: MyFace Hogwash http://www.timothysykes.com/2007/10/myface-hogwash/ How To Trade Penny Stocks Without The Stock Promoter BS Thu, 09 Feb 2012 06:11:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Vanilla http://www.timothysykes.com/2007/10/myface-hogwash/comment-page-2/#comment-15360 Vanilla Sat, 12 Jul 2008 03:34:22 +0000 http://69.174.245.118/?p=32#comment-15360 I know this may be off topic but would anyone mind to lend their opinion: Im still short on SMSI, 590 shares @ 6.30 average. It closed down 3.26% @ 6.53 andAfter Hours: 6.41 -0.12 (-1.81%). Obviously I have it for the weekend, but should I not take any further losses and go ahead and get out or not? Tim seems to have thought that this company should go right back to a down slope as it has for months (sorry if i completely misunderstood you). P.S. for a question like this where would you have liked me to post (Ive posted in forums but it feels like stocks mentioned more than a week ago in alerts are dead/not discussed anymore)? I know this may be off topic but would anyone mind to lend their opinion: Im still short on SMSI, 590 shares @ 6.30 average. It closed down 3.26% @ 6.53 andAfter Hours: 6.41 -0.12 (-1.81%). Obviously I have it for the weekend, but should I not take any further losses and go ahead and get out or not? Tim seems to have thought that this company should go right back to a down slope as it has for months (sorry if i completely misunderstood you).

P.S. for a question like this where would you have liked me to post (Ive posted in forums but it feels like stocks mentioned more than a week ago in alerts are dead/not discussed anymore)?

]]> By: timothysykes http://www.timothysykes.com/2007/10/myface-hogwash/comment-page-2/#comment-15359 timothysykes Fri, 11 Jul 2008 23:26:41 +0000 http://69.174.245.118/?p=32#comment-15359 nah only takes me 30 min usually, but i'm uptown, studio is downtown, stopped for a bite (to make sure i wouldnt sell before the close) and on top of that traffic was bad today moates, it doesnt matter the exact stuff, just need a few grand to start no timbucks on here, its an administrative mess, maybe we'll talk with IDAE management and get their social networking gift cards! :) nah only takes me 30 min usually, but i’m uptown, studio is downtown, stopped for a bite (to make sure i wouldnt sell before the close) and on top of that traffic was bad today

moates, it doesnt matter the exact stuff, just need a few grand to start

no timbucks on here, its an administrative mess, maybe we’ll talk with IDAE management and get their social networking gift cards! :)

]]> By: TomT http://www.timothysykes.com/2007/10/myface-hogwash/comment-page-2/#comment-15358 TomT Fri, 11 Jul 2008 21:47:56 +0000 http://69.174.245.118/?p=32#comment-15358 thx PC.. Tim.. how can I watch last week livestock? and where is our timbuck on here... lol thx PC..

Tim.. how can I watch last week livestock? and where is our timbuck on here… lol

]]> By: JeffMoates http://www.timothysykes.com/2007/10/myface-hogwash/comment-page-1/#comment-15357 JeffMoates Fri, 11 Jul 2008 20:42:21 +0000 http://69.174.245.118/?p=32#comment-15357 Tim, I was watching a re-run of Livestock when someone asked 'what's the minimum account size you would suggest?' Interesting that you said '...a few hundred dollars isn't going to go anywhere' and '...$3500 is my suggestion' (paraphrasing). Do you recall a banter we had a while back about account sizes and I thought one guy that was out there with only a $1000 was stupid for not saving more? I just thought I would ask what changed your mind about having a certain amount to start with? Because I remember someone being very adamant about any amount being fine. Tim, I was watching a re-run of Livestock when someone asked ‘what’s the minimum account size you would suggest?’ Interesting that you said ‘…a few hundred dollars isn’t going to go anywhere’ and ‘…$3500 is my suggestion’ (paraphrasing). Do you recall a banter we had a while back about account sizes and I thought one guy that was out there with only a $1000 was stupid for not saving more? I just thought I would ask what changed your mind about having a certain amount to start with? Because I remember someone being very adamant about any amount being fine.

]]> By: PCola http://www.timothysykes.com/2007/10/myface-hogwash/comment-page-1/#comment-15356 PCola Fri, 11 Jul 2008 20:30:49 +0000 http://69.174.245.118/?p=32#comment-15356 Tim, does it take you that long to get to/from the studio, or were you doing otehr stuff in the mean time? Oh and by the way, did your chickie ever find a roomate. I know a guy who may be looking for a roomate, his name is A-Rod. :P He can probably pay her half of the rent too... Tim, does it take you that long to get to/from the studio, or were you doing otehr stuff in the mean time?

Oh and by the way, did your chickie ever find a roomate. I know a guy who may be looking for a roomate, his name is A-Rod. :P He can probably pay her half of the rent too…

]]> By: Brent Lear http://www.timothysykes.com/2007/10/myface-hogwash/comment-page-1/#comment-15355 Brent Lear Fri, 11 Jul 2008 20:25:45 +0000 http://69.174.245.118/?p=32#comment-15355 thank you Tim. I will do the double check... thanks again. BTW in IDAE at 2.34. thank you Tim. I will do the double check… thanks again. BTW in IDAE at 2.34.

]]> By: PCola http://www.timothysykes.com/2007/10/myface-hogwash/comment-page-1/#comment-15354 PCola Fri, 11 Jul 2008 20:24:19 +0000 http://69.174.245.118/?p=32#comment-15354 Tom, think of it this way, if you had doubled down at 2.31 your average would be about 2.36, which is basically breakeven at this point. Would it be worth risking twice as much as you were comfortable riskign in the first place, just to basically eliminate what is currently a $60 loss? Averaging down when it's only dropped 4% from your buy is a surefire way to get in a hole quickly if you do it often. Imagine if you averaged down and then it dropped to $2 and you had no money left to average down again. You'd be pretty uspet. But if it gets to $2 and you average down for the first time then, your average is down to 2.20. Tom, think of it this way, if you had doubled down at 2.31 your average would be about 2.36, which is basically breakeven at this point. Would it be worth risking twice as much as you were comfortable riskign in the first place, just to basically eliminate what is currently a $60 loss? Averaging down when it’s only dropped 4% from your buy is a surefire way to get in a hole quickly if you do it often. Imagine if you averaged down and then it dropped to $2 and you had no money left to average down again. You’d be pretty uspet. But if it gets to $2 and you average down for the first time then, your average is down to 2.20.

]]> By: TomT http://www.timothysykes.com/2007/10/myface-hogwash/comment-page-1/#comment-15353 TomT Fri, 11 Jul 2008 20:09:02 +0000 http://69.174.245.118/?p=32#comment-15353 I should have avg back down for IDAE... still have 1200 @ 2.41.. ouch I should have avg back down for IDAE… still have 1200 @ 2.41.. ouch

]]> By: timothysykes http://www.timothysykes.com/2007/10/myface-hogwash/comment-page-1/#comment-15352 timothysykes Fri, 11 Jul 2008 20:06:12 +0000 http://69.174.245.118/?p=32#comment-15352 just got back from studio, re-added your email brent...but always check website in case u miss anything...IDAE closed very strongly, I'm up $300 or so on it...gonna have a nice long post this weekend with all my research! just got back from studio, re-added your email brent…but always check website in case u miss anything…IDAE closed very strongly, I’m up $300 or so on it…gonna have a nice long post this weekend with all my research!

]]> By: PCola http://www.timothysykes.com/2007/10/myface-hogwash/comment-page-1/#comment-15351 PCola Fri, 11 Jul 2008 20:01:45 +0000 http://69.174.245.118/?p=32#comment-15351 SUF still in play for a short on Monday, IMO. Ended the day at 2.65, HOD and just below yesterday's close. SUF still in play for a short on Monday, IMO. Ended the day at 2.65, HOD and just below yesterday’s close.

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