Watch LiveStock Tomorrow 1-2PM EST & Learn How To Predict 30% Drops In Stocks Like I Did On MECA & CVI
Posted by Timothy Sykes on Thu 6th of Nov, 2008 04:35:29 PM
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I’m not even gonna explain what LiveStock is anymore, if you don’t know, then just click the banner below:
And you’re damn right I’ll be explaining in detail, no doubt pointing you towards my structured educational products, how, as TIMalert subscribers know/participated alongside me, I just banked shorting and covering piece of crap companies–yes, even though I’m out now and have no vested interest whatsoever in saying this, they’re still the same horrific carcasses they were when I shorted them a few hours/days ago–CVI and MECA, making $530 on CVI by shorting at $4.70 and covering at $4.42ish and $490 on MECA by shorting at $3.95 and covering at $3.65ish.
And the best part is how I made easy $ even though I screwed up on both bigtime!
Because after I profited and went to go work on my new ShortStocking DVD–in which I teach how to profit from these very same patterns–both CVI and MECA tanked even more, MECA tanking 25% on the day and CVI dropping a bit more too (I say “tanked bigtime” because I’m looking at tomorrow’s price action in CVI, methinks it goes below $4 although I don’t have a position due to a morning meeting.
Anyway, brand these fucken charts into your little brains and quit worrying about how illiquid a stock is, obviously it’s better to be liquid, but if you take a small position in a stock like MECA, it’s very little risk with the same great potential reward:
And then read some testimonials form TIMalert subscribers and understand what a value it is for only $30/month:
Holding CVI overnight. Shorted at $4.94, currently sitting on a $900 profit.
-AdamN.
$202 profit after commissions. Playing it very safe for a while since market is too unpredictable.
-Dee
Thanks Tim. Bought into the Tim Alerts-induced dump at 3.69 and sold at 4.00 for an easy 8% gain in 15 minutes.
-Attack (OH yes, you don’t have to play TIMalerts the same way, there’s tons of profit angles!!!)
I shorted CVI too, held last night and covered today at 4.45 for a nice $610 gain.
SWEET. Thanks for the heads up Tim.
-Wilbr
Now you can Twitter any questions/comments to TIMhelp and obviously you can follow TIM on twitter too!
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TIM Alerts
View All| Date | Stock | Position | Ideal Exit | % Gain |
|---|---|---|---|---|
| Nov 24 | KVHI | Short | $3.70 | 18% |
| Nov 20 | STSX | Short | $3.10 | 11% |
| Nov 18 | PERY | Short | $3.75 | 25% |
| Nov 11 | IIJI | Short | $2.80 | 5% |
| Nov 6 | CVI | Short | $4 | 15% |
| Nov 5 | MECA | Short | $1.95 | 51% |
| Nov 4 | CVI | Short | $4.81 | 4% |
| Nov 3 | NAK | Short | $3.20 | 5% |
| Oct 29 | EVC | Short | $2 | 26% |
| Oct 28 | HSNI | Short | $6.80 | 7% |
| Oct 28 | HSNI | Short | $5.75 | 4% |
November: 9 alerts, 15% avg gain
October: 11 alerts, 14% avg gain
Hey Tim - you didn’t really predict the drop in MECA, I mean you did get out before it happened. Nice try…
Dee, in my initial alert, I said I wanted $3, thats a friggin prediction…just cuz I have the patience of an Obama supporter at a McCain rally to stick around for my prediction to come true doesnt mean I wasnt dead on initially
Thats just Tim’s style. Predict a big drop and take a little piece of it on the way down. The main reason he was in that trade was because of its tremendous downside potential!
Nice call! May Tim continue to bless his subscribers with crystal-ball-quality stock picks forever and ever.
Tim, how many subscribers do you have now?
thanks, no crystal ball, just solid risk/reward plays, just over 800 subscribers now
Dang Teeemay,
You making like 24G’s just on your subscribers. Oh Papi!!! Call me up if you and your girl don’t work out. ;)
Wow! In a year, you will be at least 800 * 30 * 12 = $288 000 richer!
This is not counting all your other revenue streams such as dvds, and 1:1 consulting.
You are a rich Jew getting richer :)
Do spread some love and charge lower fees whenever you can. Times are hard, and you will be remembered for your generosity. =)
…spread the wealth?!?
http://www.youtube.com/watch?v......com/news/
CTB - 50 MA used as resistance on long term charts. 20 day hourly chart showed that $6.50 was used as support twice before breaking real low only to come to the previous high you mentioned in your alert on Monday. Today, CTB closed at $6.68 and showing downtrend on daily charts. Looking for CTB to break $6.50, if so could be possible short. What do you think, Tim?
I just started to learn about day trading a month ago and have been trying to read everything I could get my hands on. Your book was the first one that I actually read and have chosen books out of your library to read. I haven’t ordered your DVDs yet, but looking to get all of them here real soon so I can learn how you find these things…
Ugh oh, you’re over the 250k income. Now you’re going to have to share it with all us “middle class” Thanks for working so hard to spread your wealth with all of us. :)
new post:
http://timothysykes.com/2008/1.....sk-reward/
Tim, another 30% drop im MECA, are you taking credit for that one too? Now you can say i predicted a 60% drop (which I did not partake in–why??) you tell me…
Dee, in my initial alert i said my goal was $3…it doesnt matter if i cover, everyone know si suck at exiting…the 50% drop just shows how strong pennystocking is, whether i call it or play it correctly…just gotta show u the profit opportunities, u do the rest, savvy?
Yes, Tim’s picks are usually good. But you still have to rely on yourself for entry and exit and not expect Tim to baby sit you.
Attention subscribers, you might want to do your own research and find out what Tim’s strategy really is, and not have him baby sit you through every alert and then only have you complain when you lose money. You can subscribe, or you can buy his dvds.
MECA was a nice supernova. man that’s a pretty chart