My latest TIMalert to short 1,500 shares of USS at $4.61 today, comes just one week after a similarly perfect 30% call on MKTY and is a perfect example of the themes I’ve been blogging about for several months:
-these piece of crap companies can spike based on pathetic speculation and collapse just as quickly due to all the bitter longterm shareholders being scared/abused for so long
-gotta reserve shares to short early–TIMalert subscribers get my daily watchlist, filled with all my potential shorts, at 8am by email and on the subscribers-only website (click HERE to see my perfect TIMalerts track record) so it’s no surprise your poor/cheap folk reading this free website couldn’t find shares…welcome to my biz model bitches!
-the reversals are extremely predictable–as I’ve telegraphed a potential short the past 2 days in my premarket watchlists and as you see in this TIMalert that I sent out, I pretty much nailed the price action an hour before it happened–this was sent out at 1:20PM EST to TIMalert subscribers:
Shorted 1500 USS at $4.61…as i wrote in my premarket watchlists the past 2 days, USS was on my watchlist for a potential short, given the stock has a solid longterm downtrend, recent sideways action and fading volume, i think bitter shareholders take this spike to reduce their positions and i know lots of other short sellers are watching this for a quick breakdown too…key breakodwn level today appears to be the 4.60 area as its held several times and considering its still solidly up on the day, i’m taking a chance here, especially since this company benefits from lower oil prices…but i’m willing to add on the way up if need be as this is only a 2/3rd position…not sure if its real but somebody posted on the message boards, the NYSe asked the company for info and they said no comment so there is risk of news coming out too….given this company’s failings, chances are news is negative…so thats the good and bad, lets see how this pattern plays out, risk is it surges past previous high of $5, but if it takes out $4, it’s got no support until the low $3s…i basically just wanna cover in the low $4s in the next 1-2 days
-the key is waiting for fading action after sideways action–stock held $4.60 all morning, perfect afternoon fade/collapse after it broke
-I suck at trading–I covered this at $4.05 for a solid, if not spectacular, 12% gain inside of an hour, now it’s at $3.25, which coulda woulda shoulda been a 30% gain–the latest reason why my 87% return in the past 9 months now on TIM truly is worst case scenario
-Screw 90% of traders losing money, these patterns are so easy, even the dumbest people in the world can make money (yours truly!). Learn the friggin patterns yourself in my PennyStocking DVD package
-You want testimonials, You want testimonials? You can’t handle all my testimonials! Every day/week brings in dozens of new ones, I’m now 18 for 18 on my TIMalerts, average gain of 20% inside of 1-2 days, how you like these apples you ignorant haters…and yes, this is all from TIMalerts, a $30/month service where more and more people keep signing up for the annual subscription (save 20% off the monthly, buy it HERE) cuz they’re making it many times over in 1 trade!
I’mm up about $4.5k on USS so far (still in it with 4k shares)
-Reaper (Michael Goode, my one time hater, who’s now made over $10,000 (by my estimation) off a little $500 combo package, see his prior testimonial HERE)
…picked up a cool $1490!! Thank you Tim!!
-Aaron
Nice job Tim. Profit today of $961 after commissions.
-kusumo
a quick $640@!!!!!!!!!!!!!!!!!!!!!!!!
-lakhanin
Got in late to USS but took 1000 shares from 3.80 to 3.30 for a quick $500 ride. Thanks Tim!
-adair
I am sure I left money on the table, but I am good with making $721.92 for the day. Thank you. YOu are a Great American.
-gburleson1
Short 2100 @ 4.61 covered at 4.42…400ish profit…TIMalerts strikes again!
-Davey
Banked it at 3.68. for a nice profit of $290 in about 45mins.
-YG
Oh yeah, here’s the pretty chart pattern, let’s see if it looks familiar to you guys yet:
Posted in Breakdowns, Good Trades, Patterns To Short, Short Selling, Supernovas