How To Predict 10% Daily Price Moves With Relative Ease: PennyStocking!

Some will argue that my top 3 weekend stocks to watch moving 10%+ in the direction I thought they would proves nothing. After all, maybe my blog is simply popular enough to help these patterns become a self-fulfilling prophecy.

But when you throw in a decade of me making millions of dollars off these EXACT kinds of chart patterns, it’s hard not to believe that they are PREDICTABLE! Because they are shining examples of the plays on which my instructional DVD PennyStocking focuses. So just get it so I don’t have to explain/mention as often! That might’ve been rude…whatever, be cheap, sign up to my RSS feed and try to piece everything together.

Enough blabbing, let’s talk shop:

Top Weekend Pick: Short (SYNM)—I’d hope to short into another full day of gains, but the weak open (double top at $1.25ish) coupled with sad volume meant it was gonna tank, either hard or soft, no way of knowing…so when it went negative on the day, taking out big block buys at $1.21 and $1.20 and within seconds it dropped to $1.15, I thought’d I missed it…luckily the optimists bounced it back to $1.20 and I shorted 3,000 shares there around 10am…barely getting all my shares before it fell back to $1.16 x $1.17

Then the real question: could it take out now 2-day support at $1.15…didn’t look good for an hour or so…lots of big buys…but there wasn’t any bouncing higher so I held—not content to make 3-4 cents/share. Right before 11am, $1.15 fell hard, stop losses took out $1.12, then $1.10, then $1.07!!!! Gotta love buying into those automated sell orders, it’s like surfing a wave, covered at $1.07, $370 gain, 11% on my money inside an hour…rest of the day irrelevant, not up enough—nor could I risk my precious day trades—to bet for a fall under $1 although odds are slightly for it. Next!

sss

#2 Pick: Buy (WSCI) on breakout of $12.15, breakouts over multiple timeframes converge there…shorts will be squeezed, intensifying the breakout. This one broke out to $12.25ish right at the open, but volume was weak, so I really thought readers of my blog made that happen, didn’t wanna risk it—wrong, wrong, wrong, even if it was readers, stock broke out PERFECTLY so by 1pm, it was $13.50+, a 15% gain, damnit, you readers better leave a comment and say you took advantage of this, otherwise it’s a perfectly good chart pattern wasted! Please guys, c’mon, whether your or I got the $, I take pride in pillaging the market, speak up if you’re out there!

wscipick

#3 Pick: Buy (VISN), opened just above breakout target of $13, didn’t do anything until 11am when it surged $1 within 10 min, shorts getting squeezed, I was busy with SYNM, not a big regret missing this, it’s a slower mover

visnpick

Lots of other potential plays out there, I’ll have a list early tomorrow morning, gotta see if we have any other perfect technical breakouts/breakdowns…

PS Oh yeahhh, now my little TIM trading experiment is up 43% since November, $17,730 suckassssssssss…how many more plays will it take to convince you this stuff ain’t gambling, it’s banking!

Posted in 101good, Breakdowns, Breakouts, DVD, Good Trades, Patterns To Buy, Patterns To Short, Short Selling, Short Squeezes

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  • http://soursprite.com Jib

    Bought WSCI @ 13.14 and going to hold till tomorrow.
    Not as good as 12.15, but still happy money. Thanks, Tim.

    I’ve started trading around mid February, riding the storm in the financial sector. I came around your site a week or so ago. Seems like good stuff.

  • http://soursprite.com Jib

    Bought WSCI @ 13.14 and going to hold till tomorrow.
    Not as good as 12.15, but still happy money. Thanks, Tim.

    I’ve started trading around mid February, riding the storm in the financial sector. I came around your site a week or so ago. Seems like good stuff.

  • K

    Hey TIM,

    I’ve followed you since the beginning when you started this blog in November. I was always skeptic hearing that you turned a little over 12k into 7 figures. I was so sure you were BS, another scam artist to take poor starving college students money. I’ve been open to all strategies from buy/hold, small cap value, and even short selling because being one sided is just ignorant when it comes to the stock market. But after almost 5 months, I think its time to be a believer. The short into a POS microcrap/smallcrap company simply because of BS news and hype which caused it to spike in the first place really does WORK! It’s the same pattern over and over again. Ive questioned is the 300 bucks worth it for the dvd, but I’m starting to believe that it is. I just need to know exactly how it works to start putting real money in. Keep up the good work TIM.

    _K

  • K

    Hey TIM,

    I’ve followed you since the beginning when you started this blog in November. I was always skeptic hearing that you turned a little over 12k into 7 figures. I was so sure you were BS, another scam artist to take poor starving college students money. I’ve been open to all strategies from buy/hold, small cap value, and even short selling because being one sided is just ignorant when it comes to the stock market. But after almost 5 months, I think its time to be a believer. The short into a POS microcrap/smallcrap company simply because of BS news and hype which caused it to spike in the first place really does WORK! It’s the same pattern over and over again. Ive questioned is the 300 bucks worth it for the dvd, but I’m starting to believe that it is. I just need to know exactly how it works to start putting real money in. Keep up the good work TIM.

    _K

  • http://www.investorslive.com InvestorsLive.com

    Are you going for a record number of blog entries today?

    CVP worth a watch?

    [img]http://bigcharts.marketwatch.com/charts/big.chart?symb=cvp&compidx=aaaaa%3A0&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=4&size=1&state=8&sid=1850730&style=350&time=19&freq=1&comp=NO%5FSYMBOL%5FCHOSEN&nosettings=1&rand=8255&mocktick=1[/img]

  • http://www.investorslive.com InvestorsLive.com

    Are you going for a record number of blog entries today?

    CVP worth a watch?

    [img]http://bigcharts.marketwatch.com/charts/big.chart?symb=cvp&compidx=aaaaa%3A0&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=4&size=1&state=8&sid=1850730&style=350&time=19&freq=1&comp=NO%5FSYMBOL%5FCHOSEN&nosettings=1&rand=8255&mocktick=1[/img]

  • Sizman

    TIM is PSTI worth shorting?

  • Sizman

    TIM is PSTI worth shorting?

  • timsykes

    awesome jib!

    K, yes, lots of scams out there, thats why i had no problem naming my publishing company bullship press, aiming to cut through all the bs..and yes, my DVD gives a good overview of EVERYTHING, past trades, charts, variables, the whole strategy–and not just short selling, i hope people can profit ont he way up too:

    http://www.timothysykes.com/dvd/

    yah this is a record day, never underestimate my work ethic when i get pissed off!

    CVP, i dont play falling knives, totally different variables

    PSTI, gotta be very careful of big spikes, also gonna be interesting to see if i can even get a borrow

  • timsykes

    awesome jib!

    K, yes, lots of scams out there, thats why i had no problem naming my publishing company bullship press, aiming to cut through all the bs..and yes, my DVD gives a good overview of EVERYTHING, past trades, charts, variables, the whole strategy–and not just short selling, i hope people can profit ont he way up too:

    http://www.timothysykes.com/dvd/

    yah this is a record day, never underestimate my work ethic when i get pissed off!

    CVP, i dont play falling knives, totally different variables

    PSTI, gotta be very careful of big spikes, also gonna be interesting to see if i can even get a borrow

  • Joe

    double tops are the poor man’s super no va

  • Joe

    double tops are the poor man’s super no va

  • timsykes

    i love when idiots come knocking on my doorstep–its always amusing when in posting a comment, somebody’s soooo sure of themselves…the best part is getting to tell them they’re a moron and feeling good about not being a moron myself.

    so truth #6, 7:25pm, this one goes out to u. one word: ThinkorSwim:

    http://www.thinkorswim.com/tos/client/index.jsp?srcCode=0907_02

    $10 flat fee trading…there are even cheaper ones out there, but they’re not quality and something tells me, u have some full priced broker who charges you like 1% commissions, like those knuckleheads on the latest season of WSW.

    damn that felt good, thanks truth, feel free to stop in again and lay some “truth” on us LOL

  • timsykes

    i love when idiots come knocking on my doorstep–its always amusing when in posting a comment, somebody’s soooo sure of themselves…the best part is getting to tell them they’re a moron and feeling good about not being a moron myself.

    so truth #6, 7:25pm, this one goes out to u. one word: ThinkorSwim:

    http://www.thinkorswim.com/tos/client/index.jsp?srcCode=0907_02

    $10 flat fee trading…there are even cheaper ones out there, but they’re not quality and something tells me, u have some full priced broker who charges you like 1% commissions, like those knuckleheads on the latest season of WSW.

    damn that felt good, thanks truth, feel free to stop in again and lay some “truth” on us LOL

  • http://codywillard.com/ Jay Zalowitz

    Hey Scottrade isnt half bad. they havent let me down too much..
    if your dealing with 5+$ stocks i prefer them
    thats just me though.. to short like tim you need thinkorswim.com

    Jay-Z intern at http://codywillard.com/

  • http://codywillard.com/ Jay Zalowitz

    Hey Scottrade isnt half bad. they havent let me down too much..
    if your dealing with 5+$ stocks i prefer them
    thats just me though.. to short like tim you need thinkorswim.com

    Jay-Z intern at http://codywillard.com/

  • Joe

    Jay-Z, you work for Cody? Do you work at his telecom hedge fund?

  • Joe

    Jay-Z, you work for Cody? Do you work at his telecom hedge fund?

  • Dan

    Hey Tim QTWW is looking so strong with good volume. Thinking of buying some tom. What are you thinking Tim, Thanks

  • Dan

    Hey Tim QTWW is looking so strong with good volume. Thinking of buying some tom. What are you thinking Tim, Thanks

  • timsykes

    commented on QTWW in weekend watchlist, no change

    more importantly, my DVD just got its first bigtime review, i’ll do a full post, but i gotta share it cuz it makes me damn proud:

    http://www.traineetrader.com/dvd-review-pennystocking-by-timothy-sykes/

  • timsykes

    commented on QTWW in weekend watchlist, no change

    more importantly, my DVD just got its first bigtime review, i’ll do a full post, but i gotta share it cuz it makes me damn proud:

    http://www.traineetrader.com/dvd-review-pennystocking-by-timothy-sykes/

  • Daniel

    who made money on WM? i know i did

  • Daniel

    who made money on WM? i know i did

  • Joe

    Boom, Supernova

  • Joe

    Boom, Supernova

  • http://www.covestor.com/mbr/bnbien BenBien

    Can I open an account with TIM Capital and earn +10%?

  • http://www.covestor.com/mbr/bnbien BenBien

    Can I open an account with TIM Capital and earn +10%?

  • neswick

    Thanks for the heads up on WSCI, I bought at 12.67 and sold at 13.10. Should’ve held longer, not even for the gains but because that trade got me flagged for pattern day trading (I got careless and lost track of my trades). Oh well, I’ll just use another broker until I get it sorted out.

  • neswick

    Thanks for the heads up on WSCI, I bought at 12.67 and sold at 13.10. Should’ve held longer, not even for the gains but because that trade got me flagged for pattern day trading (I got careless and lost track of my trades). Oh well, I’ll just use another broker until I get it sorted out.

  • ryan z

    hell yea 43% TIM, keep it goin!!

  • ryan z

    hell yea 43% TIM, keep it goin!!

  • http://www.investorslive.com/chat.php InvestorsLive.com

    WSCI VISN definitely good ones to watch – both will probably reward the stalking with .50-1.00 gains on the short side tomorrow or Wednesday

  • http://www.investorslive.com/chat.php InvestorsLive.com

    WSCI VISN definitely good ones to watch – both will probably reward the stalking with .50-1.00 gains on the short side tomorrow or Wednesday

  • Ben

    hey, whatever happened to that dupree girl? typical pump-and-dump penny stock, huh! lesson learned.

  • Ben

    hey, whatever happened to that dupree girl? typical pump-and-dump penny stock, huh! lesson learned.

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