3 More Stellar Reviews For An American Hedge Fund, One From CNBC Host!
From Laura, a spectacular penny stock trader whose trades you can see HERE, writes in THIS post:
An American Hedge Fund was an unexpectedly pleasurable read. Boy makes good, the “great American dream”. Refreshing in the telling (and I must say, I agree with other reviewers, it does remind me of Reminiscences of a Stock Operator), it highlights the incredible euphoria and gut wrenching lows of penny stock trading. While not a trading manual, his downfall trade of Cygnus paints a quintessential story of a newer trader’s education and downfall by letting emotions/ego take over and ignore the market facts. The fact is, the market doesn’t care what you think. Get over it.
Tim’s book is also a great read for its take behind the hedge fund curtain and market manipulation. When you finish this book you should know that the odds are stacked against you at all times, particularly as a small investor. Penny stocking is a risky business. Tim’s book is the appetizer. Buy his DVD for the whole enchilada.
And this is from Mike, who’s quite a PennyStocker in his own right, posting under the alias “13th_floor”:
Tim,
Loved your book as did Laura and Muddy.
I’m not much of a reader but I couldn’t put it down.
I read it in 2 sittings and for me that’s saying something.
To me it read like a great adventure story.
For your first writing I was amazed at how the book just “flowed”.
Loved your tennis racket story:)
Hope you’re thinking about a book #2!
If you wanted it looks like you could have a future as an author.
And saving the best for last, Tim Strazzini “The Risk Doctor” on CNBC’s Fast Money says:
it’s well written and i think most people that will endeavor to give it a read will get the approach and references.
Which is big time considering who how big time he is—Managing Director at Pali Capital and former Managing Director at Merrill Lynch where he was head of equities and derivatives for Global Wealth Management.
Woooo hooooo! 6,000+ copies sold in just over 7 months…audiobook version now available on itunes and Audible…Wiley, now do you see why I turned down your $35,000 advance offer?
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| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| Sept 4 | COIN | $5.70 | $6.21 | $745 |
| Sept 3 | COIN | $6.49 | $6.30 | $305 |
| Sept 3 | COINW | $2.75 | $2.85 | $180 |
| Sept 2 | TAYD | $7.51 | $8.13 | $545 |
| Aug 18 | FOUR | $2.80 | $2.66 | $342 |
| Aug 14 | APII | $2.66 | $3.30 | $1261 |
| Aug 12 | APII | $3.25 | $3.40 | $285 |
| Aug 7 | NOBL | $5.02 | $5.49 | $680 |
Total: $26,508 (
114%)
1AdamN(TIMBUCKS: $61)
June 9th, 2008 at 4:06 pm
Just purchased your book last Friday on Amazon. Should be receiving it in the next day or two. Looking forward to reading it, I’ll let you know what I think.
2Rambone
June 9th, 2008 at 4:14 pm
At the rate this site is going you’re going to be a guest to ring the bell at the NYSE when your IPO debuts.
Appreciate the hard work that goes into this site.
3eb(TIMBUCKS: $82)
June 9th, 2008 at 4:22 pm
Congrats Tim! I spend so much time reading and learning from your website and I appreciate all the hardwork you do. Thanks for being the voice that stands up for the little people!
4Adam
June 9th, 2008 at 4:53 pm
Tim keep up the great work
5Rambone
June 9th, 2008 at 7:58 pm
Jeff,
You just got your wish. It is now safe to short SQNM. Afterhours a lawsuit was announced and it’s a biggie. AH volume is about 200K. I’ll put this one on my watchlist. 10 looks like near term support so it has plenty of downside left. 1 point has been shaved off already.
6monkiman
June 9th, 2008 at 10:16 pm
book was great….easy to read, and relates to what we do… great for beginners trading these tiny stocks. Shows whether your aware of it or not, but emotion can overtake the way you trade.
7ivegotstylekid(TIMBUCKS: $189)
June 9th, 2008 at 11:14 pm
keep working hard tim this is just the begining for you
8cash(TIMBUCKS: $106)
June 10th, 2008 at 12:28 am
When is the next book coming out?
9Ben_Bien(TIMBUCKS: $164)
June 10th, 2008 at 12:54 am
Guys, fellas, fellow short-sellas,
Yes, PARL is an earnings play, but here are facts about the company:
1.) Parlux licenses and sells celebrity name-branded fragrances.
2.) Parlux is just coming out of a ‘restructuring’ stage
Here’s the chart:
http://stockcharts.com/h-sc/ui?s=parl
Tim and company advise to wait for red or signs of weakness before shorting. PARL showed red today and faded in volume from 1 mil traded yesterday to 200K traded today. Given macro-market conditions, this company has a long way to consistently making a profit year after year. PARL is a clear and ripe SHORT SELL after making a run-up of +44% in one day. Are you in or are you out?