See Tim's full bio HERE. Tim turned a few thousand dollars into a few million by taking small gains time after time on hundreds of volatile penny stocks, discovering that his trading strategy, while consistently successful, works best for those with smaller accounts.
Determined to teach others this PennyStocking trading strategy (learn more HERE), he went back to his original $12,415 roots (already $27,000 even though the stock market is down 20%!) to show everyone how to turn thousands into millions, even while having a life (somewhat) and making plenty of mistakes.
Hard work, Determination and Know How.
Hard work to learn how the greatly misunderstood niche of penny stocks provides opportunities every now and then on which you should pounce.
Determination to seek those probable profits out and know how in order to actually profit from them.
Long story short, wait for stocks that are extremely volatile - for whatever reason - and then aim to take small profits (between 10 and 50% within a few hours, days or weeks) here and there, either from betting on higher or lower prices (yes, you can make $ betting on lower prices, it's called Shortstocking (learn more HERE).
As Tim explains in several ALL-NEW instructional DVDs (see them HERE) and in over 900+ blog posts, penny stocks are the most hyped and corrupt niche in the entire investment world. These two qualities make them the easiest to profit from (legally) because the vast majority of people who play penny stocks are suckers and all-around ignorant people. If you have any intelligence whatsoever, you have a clear advantage and it's like playing basketball against mental midgets.
This is the #1 FAQ (see more HERE) and it is answered in THIS blog post.
Of course, that's just a brief introduction - to receive a full education, there is Tim's book An American Hedge Fund which is the story of his remarkable rise and lessons learned.
To truly increase your odds at profit, Tim has designed an entire set of detailed instructional DVDs, covering all the variables that amount to over 24 hours of instruction (see them all HERE)!
Tags:
Sponsor Offer:
PARD fading….anyone shorting this one?
Ben, yes i made back some of the losses that it encountered w/ ROYAL on NTI today. after i saw it hit 20, pull back and go sideways yesterday w/ a volume drop off i thought it would be a good time to enter considering it was up almost 30% on the day. got in at 18.70. totally helped that Lion posted his short position at the same time too. covered at 17.95 for a quick profit away this bc my timing is god aweful recently long or short
Sykes is leaving us.
Breaking news from LionMaster. hehe
Let’s petition to get Timothy Sykes to replace Finerman on Fast Money, we need more short calls on the show. Timothy would be going up against the 3 clowns, i will put all my bets on Sykes to outperform anyone on the show with his penny stocking buys/shorts/sells. The only bad thing I see is Sykes will call everyone there pumpers and get kick out of air in a week
Out of GRO at 6.13, didnt take a dip after the morning sell off, made .70/share on top of my .70/share from 2 days ago. Not bad. All sold out, account up 9% since inception last week, gonna do some much needed studying.
Good luck today everyone!
awesome guys keep up the profits, how fucken addictive is this!
Hey Rambone..great idea..tim on fastmoney, but I agree, they would kick him off. hehe They should kick “Boldy” (jeff) off the show. He pumps DIS. buy DIS, buy DIS..
Anyone reshorting PTEK?
ISPH
short 5.91
covered 5.43
I hooked Timmmmmay !!!!
Etrade Mobile Pro trading platform could be huge for Penny Stocking!
Any of u monkeys use zecco? It looks suspicious!
ISPH- wish I held longer….that crap broke down
I got .54 off of ISPH- if I held until it hit 5.08, it would have been .91 ohh well I will take the small profit over a lost any day….
What Broker you use Imsmith?
Tim nailed Pokertek, nice call.
I know MXC has been on the radar both long and short for quite some time…is there anyone still playing it long? I bet anyone that is has been making a GRIP of cash…ridiculous this thing is.
Lenny, pard is holding, is still holding, don’t short until it is red for the day, and then, cover quickly if it reverses.
WHich I should have done that myself on NTI….. growing hurts….
For those of you who have read cramers confeesion (no, it is not the sugar coated crap he sells now, this is about his wild days) I covered nti exactly at the top, the very last fool.
Textbook example of why you cover as soon as your play reverses and then sit and wait until the squeeze reverses and THEN you re-short. This lesson won’t be forgotten…..
too proud…. too goddamn proud….. braves die young….
Hey all, I’m back. Had to go take care of some actual work. Congrats everyone who made money today!
Tim, I got tired of looking at SQNM as a short so I decided to go long at 11.52 hoping for a friday afternoon short squeeze. Not too much of a squeeze, but I’m up 0.40 on 1000 shares. Good day!
I have TOS as well as Scottrade… but I use TOS to short for now-
What’s up with MSPD? Big volume surge, can’t find any news backing it.
Anyone watching ROYL …. it just puked.
MSPD is the type of chart Mike13th was talking about. Candle goes through UBB, strong volume and price move, RSI(2) greater than 90
thinking about shorting PTEK before the close…lets see how it acts in the next few minutes
short 1,000 PTEK 4.69, going for morning dump
Shorted 1000 shares PTEK at $4.71, keeping overnight over the weekend.
PGOG would of been a decent one! I got a pump e-mail this morning on it. Might do something monday
Tim, your registration page isn’t working properly. The confirmation link that gets sent to your email gives you an error message that says “user name already registered” when you try to log-in using that ID name. I re-registered with this name and my work email addy but no confirmation link sent yet to addy.
The other name name I registered under when the confirmation link was sent to my email addy gave the above error message. Don’t want to register under that name anyway, I would rather use the Vu-Du ID for log-in
nti was the play today ladies!!!
i missed 11k in profits-but locked in almost 4k-i coulda made $14,800 if i woulda held on-i got nervous and had to go to work!!! but hey $3800. is okay right? feels like gambling though-it was Ssssssssoooooooo parabolic this morning i could not resist-timmay did you get some of that action? i also locked in $1800. on my ptek trade i coulda made a lot more if i held for longer also-live and learn-thanks timmay for all your doing-must be making enemies though-hell with them though they just think going short is un-american un-patriotic-cant expect $hitty stocks to stay inflated 4 ever-if the big guys can short and short naked -well us little guys should be able to short at will also! so thanks again tim and this needs to go realtime chatroom!!!
nti was the play today ladies!!!
i missed 11k in profits-but locked in almost 4k-i coulda made $14,800 if i woulda held on-i got nervous and had to go to work!!! but hey $3800. is okay right? feels like gambling though-it was Ssssssssoooooooo parabolic this morning i could not resist-timmay did you get some of that action? i also locked in $1800. on my ptek trade i coulda made a lot more if i held for longer also-live and learn-thanks timmay for all your doing-must be making enemies though-hell with them though they just think going short is un-american un-patriotic-cant expect $hitty stocks to stay inflated 4 ever-if the big guys can short and short naked -well us little guys should be able to short at will also! so thanks again tim and this needs to go realtime chatroom -too slow like this!!!
Cramer is hyping HEV