CHATROOM

6 Hot Stocks: Let’s See How Smart You Are

April 9, 2008 at 8:56 am
by timothysykes

Watch these 7 free video lessons on how I became a millionaire

For months now I’ve been detailing my trading strategy, trade-by-trade, chart-by-chart, concept-by-concept…let’s see if any of it has sunk in. Today, I’m just gonna give you the charts I’m watching, nothing more…if I’m truly dong my job right, you should already know how I’m looking to play each one. Leave a comment and take the test!

psti2.png

 

 ncen.png

 mvis.png

 

immr.png

 

titn.png

 

cry.png

Posted in Hot Stocks, Potential Plays

Tags: , ,

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  • Evan

    Hey Tim,
    Is CRXL a good short play from these heights?

  • Evan

    Hey Tim,
    Is CRXL a good short play from these heights?

  • timsykes

    crxl maybe, but i dont like the gradualness of its move and true resistance doesnt come in til 20

  • timsykes

    crxl maybe, but i dont like the gradualness of its move and true resistance doesnt come in til 20

  • t-digg

    short PSTI as of yesterday afternoon, this thing is going to drop to around 3.30-3.40 range, I am doubting my entry point due to the fact that I think this thing is going to spike early morning, made money on this thing yesterday and missed out on a little profit so foolishly entered and it jumped .10 on me going into the close. Should have waited, but this thing could tank first, lets hope no SPIKE.

  • t-digg

    short PSTI as of yesterday afternoon, this thing is going to drop to around 3.30-3.40 range, I am doubting my entry point due to the fact that I think this thing is going to spike early morning, made money on this thing yesterday and missed out on a little profit so foolishly entered and it jumped .10 on me going into the close. Should have waited, but this thing could tank first, lets hope no SPIKE.

  • timsykes

    agree on PSTI, got my 1000 shares reserved to short sometime today

  • timsykes

    agree on PSTI, got my 1000 shares reserved to short sometime today

  • timsykes

    except of course that i do want a spike (sorry)

  • timsykes

    except of course that i do want a spike (sorry)

  • t-digg

    That is what I should be waiting for, stupid move yesterday, but I will add to my position if this thing spikes.

  • t-digg

    That is what I should be waiting for, stupid move yesterday, but I will add to my position if this thing spikes.

  • Taylor

    Tim,
    with titn would wait for a spike to around 22 and look to short once you saw some weakness

  • Taylor

    Tim,
    with titn would wait for a spike to around 22 and look to short once you saw some weakness

  • Evan

    Got shares of PSTI reserved at TOS- looks like it’s spiking a bit- Tim, does TOS have a place where I can see the orders about to come through, like Level II? I should know already, but I’m still using TDAmeritrade and haven’t gotten to explore TOS in-depth yet

  • Evan

    Got shares of PSTI reserved at TOS- looks like it’s spiking a bit- Tim, does TOS have a place where I can see the orders about to come through, like Level II? I should know already, but I’m still using TDAmeritrade and haven’t gotten to explore TOS in-depth yet

  • Ruth

    Tim, Evan,
    How to reserve shares to short? Do you have to call or you can do it online? Can it be done only at TOS or any other broker allow to reserve shares to short? Thanks for your info.

  • Ruth

    Tim, Evan,
    How to reserve shares to short? Do you have to call or you can do it online? Can it be done only at TOS or any other broker allow to reserve shares to short? Thanks for your info.

  • Evan

    upper left hand side of your downloaded desktop software has a button called support/chat- chat with anyone about reserving shares. You’ll find some are more helpful than others.

  • Evan

    upper left hand side of your downloaded desktop software has a button called support/chat- chat with anyone about reserving shares. You’ll find some are more helpful than others.

  • Andre

    TITN is it to break up or down, can’t tell. How would you trade this one?

  • Andre

    TITN is it to break up or down, can’t tell. How would you trade this one?

  • B

    why does tdamderitrade suck so much and not allow a short on PSTI??

  • B

    why does tdamderitrade suck so much and not allow a short on PSTI??

  • timsykes

    short 1000 PSTI at 5, big block sells coming in taking out the 14k buy block at $5, very very nice

  • timsykes

    short 1000 PSTI at 5, big block sells coming in taking out the 14k buy block at $5, very very nice

  • Evan

    Tim – u suck. I don’t want to hear anymore about your timing being bad- I had an order in with my 1000 shares at 5.05- missed it by FIVE SSEEECCCOONDS!!! Enjoy the $200 plus in about Five seconds! CCRRAAAPPP!!!

  • Evan

    Tim – u suck. I don’t want to hear anymore about your timing being bad- I had an order in with my 1000 shares at 5.05- missed it by FIVE SSEEECCCOONDS!!! Enjoy the $200 plus in about Five seconds! CCRRAAAPPP!!!

  • timsykes

    timing isnt bad on this one, there was a clear big buy order at 5 to short into, u should never have entered it at 5.05…and this isnt $200, right now i’m up $350 so far, but i want $500+ on this thing

  • timsykes

    timing isnt bad on this one, there was a clear big buy order at 5 to short into, u should never have entered it at 5.05…and this isnt $200, right now i’m up $350 so far, but i want $500+ on this thing

  • Tom J

    PSTI is up from Monday

  • Tom J

    PSTI is up from Monday

  • t-digg

    That PSTI spike had me on the edge TTIM, lets see this thing break through the 4.30 mark and 4.00 here we come. TIM you are right they are predictable

  • t-digg

    That PSTI spike had me on the edge TTIM, lets see this thing break through the 4.30 mark and 4.00 here we come. TIM you are right they are predictable

  • Keith E

    Is CRY looking to breakout to th upside at 10.26?

  • Keith E

    Is CRY looking to breakout to th upside at 10.26?

  • timsykes

    LOL Tom 50 day moving avergae on PSTI, i just look at them like see saws, too much time up, time to go down….and no shares of NCEN so PSTI is my only play!

    tdigg–of course they’re predictable, why do u think i get so angry when people try to say this is all in my head…the power of the internet, i’m gonna make sure every single damn person int he world knows about this game

  • timsykes

    LOL Tom 50 day moving avergae on PSTI, i just look at them like see saws, too much time up, time to go down….and no shares of NCEN so PSTI is my only play!

    tdigg–of course they’re predictable, why do u think i get so angry when people try to say this is all in my head…the power of the internet, i’m gonna make sure every single damn person int he world knows about this game

  • timsykes

    out at $4.65, too many meetings today to watch this thing, might reshort in the afternoon

  • timsykes

    out at $4.65, too many meetings today to watch this thing, might reshort in the afternoon

  • Evan

    Tim, my CRXL was also a good call, but was focused on my 5.05 PSTI short- my question for you is this- do you condone heavy drinking before 10:30am?

  • Evan

    Tim, my CRXL was also a good call, but was focused on my 5.05 PSTI short- my question for you is this- do you condone heavy drinking before 10:30am?

  • Joseph

    Take your profits, Tim.

  • Joseph

    Take your profits, Tim.

  • Joseph

    Nice! Is it me or do you always use “meetings” as an excuse to get out quick lol. Nice play, Tim!

  • Joseph

    Nice! Is it me or do you always use “meetings” as an excuse to get out quick lol. Nice play, Tim!

  • timsykes

    haha nah meetings are real, publishing is my main biz and just wait til u see some of the projects i’m workin on….no problem with taking 7% profits within 30 minutes…trade was very scalable, coulda been done with 5-10x the size and 20-50x the size if u’re willing to have patience.

  • timsykes

    haha nah meetings are real, publishing is my main biz and just wait til u see some of the projects i’m workin on….no problem with taking 7% profits within 30 minutes…trade was very scalable, coulda been done with 5-10x the size and 20-50x the size if u’re willing to have patience.

  • Keith E

    Is the breakout on cry going to be real or a fakeout?

  • Keith E

    Is the breakout on cry going to be real or a fakeout?

  • Joseph

    Nah I’m just messing with you, man. I can’t wait for the updated website. Thanks for helping us learning this game.
    I appreciate it.

  • Joseph

    Nah I’m just messing with you, man. I can’t wait for the updated website. Thanks for helping us learning this game.
    I appreciate it.

  • lmsmith

    >>> NICE

  • lmsmith

    >>> NICE

  • A

    Wow TIM. If you didn’t have such a quick trigger finger, you could have made over $600 in less than an hour. 1000 shares *(5.00-4.38)=$620. Not too bad for an hours work! LOL!

  • A

    Wow TIM. If you didn’t have such a quick trigger finger, you could have made over $600 in less than an hour. 1000 shares *(5.00-4.38)=$620. Not too bad for an hours work! LOL!

  • Joe

    UFPT jumped up like you predicted Tim

  • Joe

    UFPT jumped up like you predicted Tim

  • Dan-O

    Anyone watching the post earnings breakdown on LAYN??

  • Dan-O

    Anyone watching the post earnings breakdown on LAYN??

  • Keith E

    Looks like it might be a fakeout on CRY because of no volume. Would possiply look to short into this breakout or wait and see?

  • Keith E

    Looks like it might be a fakeout on CRY because of no volume. Would possiply look to short into this breakout or wait and see?

  • monkiman

    NCEN, TITN, PSTI did well today…. damn but I had all my money shorting GU… I have some kind of love affair with GU

  • monkiman

    NCEN, TITN, PSTI did well today…. damn but I had all my money shorting GU… I have some kind of love affair with GU

  • Mr Cellular

    So Tim, if you buy your dvds do you learn where you find these stocks and a consistent basis? And.. How often do you have a problem getting shares to short? Love your blog. Good job.

  • Mr Cellular

    So Tim, if you buy your dvds do you learn where you find these stocks and a consistent basis? And.. How often do you have a problem getting shares to short? Love your blog. Good job.

  • neswick

    COT is down today, would it be a good short if it finally breaks past the 3.20s?

  • neswick

    COT is down today, would it be a good short if it finally breaks past the 3.20s?

  • lmsmith

    The game came be played two ways as well…. picked up 1k shares at 4.40 — will sell soon.

  • lmsmith

    The game came be played two ways as well…. picked up 1k shares at 4.40 — will sell soon.

  • http://www.glguideservice.com Jeff C

    How is everyone conifgured on TOS to view level 2 access, ie blocks of shares. My old broker was self-explanatory. If it’s in the forums I can’t locate it.

  • http://www.glguideservice.com Jeff C

    How is everyone conifgured on TOS to view level 2 access, ie blocks of shares. My old broker was self-explanatory. If it’s in the forums I can’t locate it.

  • GSC

    Just FYI-with regards to AMTD, you can short sell it if they have the shares available to lend out.
    In this case they don’t have anything available.
    You should always keep 2-3 accounts open, AMTD,IBR,TOS is a pretty good combo to cover your bases if you are looking to short sell.
    CHeck out WM, one of the most obvious short trades out there.
    It might take some time for it to come down to the position it should be at, but eventually it will get there.

  • GSC

    Just FYI-with regards to AMTD, you can short sell it if they have the shares available to lend out.
    In this case they don’t have anything available.
    You should always keep 2-3 accounts open, AMTD,IBR,TOS is a pretty good combo to cover your bases if you are looking to short sell.
    CHeck out WM, one of the most obvious short trades out there.
    It might take some time for it to come down to the position it should be at, but eventually it will get there.

  • samd

    Would you agree Penny Stocks are not weighed down or propped up so much by market benchmarks like the DOW?

  • samd

    Would you agree Penny Stocks are not weighed down or propped up so much by market benchmarks like the DOW?

  • Andrew

    I’m all for shorting cott below 3.2-3.25. It’s shown really solid strength at that level so if it cracks, could be a pretty big move. Anyone in NCEN?

  • Andrew

    I’m all for shorting cott below 3.2-3.25. It’s shown really solid strength at that level so if it cracks, could be a pretty big move. Anyone in NCEN?

  • http://www.maxopedia.org Max

    ‘Would you agree Penny Stocks are not weighed down or propped up so much by market benchmarks like the DOW?’

    I’d have to say that’s the biggest reason I’ve been focusing on these types of stocks lately; they are rarely significantly correlated with the market as a whole.

    However, the patterns that Tim looks for can morph somewhat depending on overall market conditions. I believe this is something he discusses in his DVD.

  • http://www.maxopedia.org Max

    ‘Would you agree Penny Stocks are not weighed down or propped up so much by market benchmarks like the DOW?’

    I’d have to say that’s the biggest reason I’ve been focusing on these types of stocks lately; they are rarely significantly correlated with the market as a whole.

    However, the patterns that Tim looks for can morph somewhat depending on overall market conditions. I believe this is something he discusses in his DVD.

  • Keith E

    I have noticed that when th overall markets are weak and not much action then there tends to be more action and manipulation in the shit stocks and presents more opportunity for us little guys.

  • Keith E

    I have noticed that when th overall markets are weak and not much action then there tends to be more action and manipulation in the shit stocks and presents more opportunity for us little guys.

  • lmsmith

    psti- looks like it going down futher….. Out this

  • lmsmith

    psti- looks like it going down futher….. Out this

  • samd

    I think even in a Bull market shorting on spikes with these type of stocks on BULLSHIP news (I like that TIm word) is just as effective.

  • samd

    I think even in a Bull market shorting on spikes with these type of stocks on BULLSHIP news (I like that TIm word) is just as effective.

  • http://www.test.timothysykes.com/2008/04/09/why-bess-levin-is-the-only-financial-commentator-you-should-ever-listen-to/ Why Bess Levin Is The Only Financial Commentator You Should Ever Listen To | Timothy Sykes – Stock Trader, Author, Entrepreneur

    [...] if you read the comments section of my previous post, I just made a quick and easy 7% return, or $330, on a $5,000 investment in less than 30 minutes. [...]

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    [...] if you read the comments section of my previous post, I just made a quick and easy 7% return, or $330, on a $5,000 investment in less than 30 minutes. [...]

  • timsykes

    mr cellular, yes, the DVD package teaches you how to think about these stocks and all the variables involved, its not just about entries and exits cuz the patterns evolve, gotta understand what causes these patterns

    UFPT, yeah but its a weird breakout and i gotta conserve my day trades

    COt will be good ONLY when it breaks $3.25, so far can’t even take out $3.30

    lmsmith–yes u can go long these suckers on dips too, works well with short sellers who refuse to take quick profits

    some penny stock are influenced by the overall market more than others…good news is most of them arent

    PSTI turned out to be a good cover, gotta watch out for these thin stocks…sure i coulda waited 10 minutes and made an extra $150, but hindsight is easy…if i’d waited til the buyers came in above support, i’d now be down $100 from my exit…key is waiting for big blocks to get taken out…that would mean$4.30 and that wont be easy…today at least

  • timsykes

    mr cellular, yes, the DVD package teaches you how to think about these stocks and all the variables involved, its not just about entries and exits cuz the patterns evolve, gotta understand what causes these patterns

    UFPT, yeah but its a weird breakout and i gotta conserve my day trades

    COt will be good ONLY when it breaks $3.25, so far can’t even take out $3.30

    lmsmith–yes u can go long these suckers on dips too, works well with short sellers who refuse to take quick profits

    some penny stock are influenced by the overall market more than others…good news is most of them arent

    PSTI turned out to be a good cover, gotta watch out for these thin stocks…sure i coulda waited 10 minutes and made an extra $150, but hindsight is easy…if i’d waited til the buyers came in above support, i’d now be down $100 from my exit…key is waiting for big blocks to get taken out…that would mean$4.30 and that wont be easy…today at least

  • ViciousChicken

    Take a look at GBRC, up 25% plus on some news story done on French television… Sure to fall from the sky…

  • ViciousChicken

    Take a look at GBRC, up 25% plus on some news story done on French television… Sure to fall from the sky…

  • BenBien

    You’re going to short everything.

  • BenBien

    You’re going to short everything.

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