CHATROOM

12 Stocks I’m Watching For Potential Short Sales

December 10, 2008 at 12:13 pm
by Timothy Sykes

Watch these 7 free video lessons on how I became a millionaire

Sent to TIMalert subscribers early this morning, some have already rolled over and subscribers have banked, namely on SRZ:

Well now I’m just feeling bittersweet—sweet because there are soooooo many potential plays every day, bitter because I’m screwing most of them up. The fact that literally dozens of PennyStocking DVD students are banking on various plays like SRZ, CHUX, OGXI and PERY shows how great the strategy is and how one day, if you watch my DVDs and learn enough, you won’t need me anymore (because I’m not all that great in the first place, I’m like Archie Manning and you are Eli or Peyton!)

CHUX has now doubled off its low on that analyst upgrade, but it doesn’t have any resistance until $6….yes, shorts can be in waaaay more pain, don’t short until you see this thing fading. And good luck finding shares to short!

CPY has the same kind of death spiral chart, first big up day yesterday, up 124%, no resistance anywhere soon, same scenario as CHUX

CTZN is a speculative Bancorp up a ton, will it go bust or no? Total guessing game, I hve no idea, like playing roulette, no thanks

DRYS is the top dry bulk shipper that’s making all the other little shippers jump in price too, not for me, maybe their biz is rebounding or will soon, I can’t judge that and neither can anyone else

EXM is the same as DRYS, no thanks, I’m not into shorting real companies

EGLE is another shipper.

FREE does the exact same shipping thing, see a pattern yet or do you think the stock really is random? LOL

OCNF is another shipper, just up the least because they’re the worst…not for me either way

OGXI is the one I really screwed up on, I shorted at $8.75, then covered for quick gains because I’m a little bitch and it wasn’t perfect, yesterday it drops 25% and I do nothing because a.) it dropped to quickly for my comfort level and b.) I was filming a new $99 2-hour intro instructional DVD (contact me if you’re interested in it and I’ll keep you in the loop)…pathetic I missed it, my apologies, only good news is that if you’d watched my DVDs, you’d have anticipated me screwing up and you woulda banked because the pattern was easy (especially in hindsight!) SB is another shipper on my screen, just say noooooooo

SRZ just keeps going, solid morning spike/afternoon fade…still not red on the day meaning there could be another green day today.

PERY dropped biiiig, I did nothing again due to filming…tough to make DVDs, but I gotta make em or else you guys don’t understand my strategy, as evidenced by the boatloads of dumb emails I get from TIMalert subscribers too cheap to buy a $300 DVD (hence the $99 intro DVD) tha explains why I trade the way I do!

Posted in Potential Plays

Tags:

  • DOH!

    FRPT starting to drop

  • DOH!

    FRPT starting to drop

  • YngvaiMalmsteve

    CPY was breaking down nicely but no shares were available on IB. There were shares available in the 1st hour of trading, but you can’t reserve shares in IB like you can in TOS (no, not even putting a high limit order will work). Thus, you would’ve had to be aggressive and short BEFORE any signs of weakness…something I wasn’t going to risk

  • YngvaiMalmsteve

    CPY was breaking down nicely but no shares were available on IB. There were shares available in the 1st hour of trading, but you can’t reserve shares in IB like you can in TOS (no, not even putting a high limit order will work). Thus, you would’ve had to be aggressive and short BEFORE any signs of weakness…something I wasn’t going to risk

  • niceguy

    Tim shorted DXCM, great call!

  • niceguy

    Tim shorted DXCM, great call!

  • DOH

    Thanks Tim for the OPTT trade. Nice 15%. Covered FRPT for a small 2% loss. Waiting for signal

  • DOH

    Thanks Tim for the OPTT trade. Nice 15%. Covered FRPT for a small 2% loss. Waiting for signal

  • MaxVestor

    Tim, just caught your interview with Andrew Horowitz. As a fellow Jew I found it hilarious when he mentioned your ‘TimClause’ contest and you firmly corrected him with the actual correct name of Timukah that you came up with.

    Great site and great concept you have here. I do not trade this style but have none the less picked up some valuable information through some of your interviews and commentary.

    Good luck going forward…

  • MaxVestor

    Tim, just caught your interview with Andrew Horowitz. As a fellow Jew I found it hilarious when he mentioned your ‘TimClause’ contest and you firmly corrected him with the actual correct name of Timukah that you came up with.

    Great site and great concept you have here. I do not trade this style but have none the less picked up some valuable information through some of your interviews and commentary.

    Good luck going forward…

  • Muddy

    “CHUX has now doubled off its low on that analyst upgrade, but it doesn’t have any resistance until $6….yes, shorts can be in waaaay more pain, don’t short until you see this thing fading. And good luck finding shares to short!”

    Step up to a pro broker….IB…Symbol: CHUX
    Availability: 400’000

    Already short CHUX at 3..let’s see how it plays out..
    They had FREE NOBL too..cleaned up on those already,trapped in DRYS at the moment,bet I score on that too,watch

    http://darksidetrading.blogspot.com/2008/12/watches-1210.html

    SRZ been the play of the day since last week…go read the chatlogs on
    http://www.investorslive.com/chat/

    over $3500 I’ve gotten long/short…all timestamped alerts on it
    btw,190 folks in the chat today,rippin’ it,going over 200 strong soon…watch

  • Muddy

    “CHUX has now doubled off its low on that analyst upgrade, but it doesn’t have any resistance until $6….yes, shorts can be in waaaay more pain, don’t short until you see this thing fading. And good luck finding shares to short!”

    Step up to a pro broker….IB…Symbol: CHUX
    Availability: 400’000

    Already short CHUX at 3..let’s see how it plays out..
    They had FREE NOBL too..cleaned up on those already,trapped in DRYS at the moment,bet I score on that too,watch

    http://darksidetrading.blogspot.com/2008/12/watches-1210.html

    SRZ been the play of the day since last week…go read the chatlogs on
    http://www.investorslive.com/chat/

    over $3500 I’ve gotten long/short…all timestamped alerts on it
    btw,190 folks in the chat today,rippin’ it,going over 200 strong soon…watch

  • cash

    And muddy that is why you are the man!

  • cash

    And muddy that is why you are the man!

  • illinois governor

    Muddy Tim gotta love it!!

  • illinois governor

    Muddy Tim gotta love it!!

  • badguy

    Muddy, one problem with your chat is that all you do is call out symbols, and other exclamations such as “woot”, “unreal”. Most of the time, you don’t say where you enter or where you will exit, probably because you are a full time trader and your main concern is to trade and make money yourself, and then help others if time permits.

    Although when asked repeatedly you will reply, but usually by then the entry would have been far from ideal. Or you would have already exited or flipped and made profit many times over.

    Also, there are so MANY MANY alerts in the chat room. Even if we just stick to those you call out, we won’t know when to enter or exit, or even what to do with it. Sure some people will jump in and get profits and add to the number of “woot” declared in chat, but have you wondered how many people jumped in but didn’t know how to exit and got burned? Of course the standard reply people get is that they should do their own due diligence and know what they are doing, the chat is just for trading ideas – almost sounding like Tim’s claim that this is all for entertainment purposes.

    But new people in the chat usually have no clue what is happening. How many of the 190 folks actually made money? So what if you get 200 folks? When you shout out a symbol, what are they supposed to do? Note even if someone read your entire blogs a few times over, it is still not clear what to do with your alerts most of the time.

    You have 40 years of experience, so you can easily make money back and forth, long or short. You definitely have the right to brag about your profits here and also to brag about how many people you have in the chat room, as if having many people in a chat room was some sort of achievement. I think you should go onto facebook or twitter and start something if “number of people kissing my butt” is really what you are after.

    Your favorite answer to most questions is that one should know what the stock is going to do. You often know that because you traded for 40 years and you watch the markets from 8am to 8pm everyday, as you wrote in your blog recently.

    I know your blogs do provide basic guidelines like only to go long when the stocks is green (short when vice versa), or when the 10/60 crosses, or when break occurs around whole numbers. But the main reason you make money is because you KNOW the stocks. You short reversals even if it is green, go long expecting a bottom when the stock is at lod.

    The most prominent student you had was Mike_13th whom you mentored personally. I am sure there are several more in the chat room who profit consistently. But of the 190 in the chat room today, how many will eventually succeed? Of course it is not your fault that they don’t.

    The chat room does NOT show people HOW you trade. It just shows them you CAN trade well, and that you ARE making money. Not sure why you are even posting your comment here at Tim’s blog. Note that Tim details his research and reasoning for EVERY trade, and gets covestor to verify. Of course, you are not in the education and media business as Tim is.

    I personally think you are great as a trader, but not as great a teacher. I know you set up the blogs and chat wanting to help people, but actual useful information is all over the place.

    It would really be great if you can organize your experience, thoughts and methodology and compile them into something useful. Just blabbering about how many people you have in the chat room and how much profits you make ain’t helping anyone.

    Remember, Tim’s blog is for entertainment purposes. I am just entertaining myself posting this comment here as I am bored.

  • badguy

    Muddy, one problem with your chat is that all you do is call out symbols, and other exclamations such as “woot”, “unreal”. Most of the time, you don’t say where you enter or where you will exit, probably because you are a full time trader and your main concern is to trade and make money yourself, and then help others if time permits.

    Although when asked repeatedly you will reply, but usually by then the entry would have been far from ideal. Or you would have already exited or flipped and made profit many times over.

    Also, there are so MANY MANY alerts in the chat room. Even if we just stick to those you call out, we won’t know when to enter or exit, or even what to do with it. Sure some people will jump in and get profits and add to the number of “woot” declared in chat, but have you wondered how many people jumped in but didn’t know how to exit and got burned? Of course the standard reply people get is that they should do their own due diligence and know what they are doing, the chat is just for trading ideas – almost sounding like Tim’s claim that this is all for entertainment purposes.

    But new people in the chat usually have no clue what is happening. How many of the 190 folks actually made money? So what if you get 200 folks? When you shout out a symbol, what are they supposed to do? Note even if someone read your entire blogs a few times over, it is still not clear what to do with your alerts most of the time.

    You have 40 years of experience, so you can easily make money back and forth, long or short. You definitely have the right to brag about your profits here and also to brag about how many people you have in the chat room, as if having many people in a chat room was some sort of achievement. I think you should go onto facebook or twitter and start something if “number of people kissing my butt” is really what you are after.

    Your favorite answer to most questions is that one should know what the stock is going to do. You often know that because you traded for 40 years and you watch the markets from 8am to 8pm everyday, as you wrote in your blog recently.

    I know your blogs do provide basic guidelines like only to go long when the stocks is green (short when vice versa), or when the 10/60 crosses, or when break occurs around whole numbers. But the main reason you make money is because you KNOW the stocks. You short reversals even if it is green, go long expecting a bottom when the stock is at lod.

    The most prominent student you had was Mike_13th whom you mentored personally. I am sure there are several more in the chat room who profit consistently. But of the 190 in the chat room today, how many will eventually succeed? Of course it is not your fault that they don’t.

    The chat room does NOT show people HOW you trade. It just shows them you CAN trade well, and that you ARE making money. Not sure why you are even posting your comment here at Tim’s blog. Note that Tim details his research and reasoning for EVERY trade, and gets covestor to verify. Of course, you are not in the education and media business as Tim is.

    I personally think you are great as a trader, but not as great a teacher. I know you set up the blogs and chat wanting to help people, but actual useful information is all over the place.

    It would really be great if you can organize your experience, thoughts and methodology and compile them into something useful. Just blabbering about how many people you have in the chat room and how much profits you make ain’t helping anyone.

    Remember, Tim’s blog is for entertainment purposes. I am just entertaining myself posting this comment here as I am bored.

  • http://www.investorslive.com investorslive

    “badguy” you must be really bored.. why are there 190 in there.. if they weren’t learning or doing anything why would they stay

    if you learn the terminology Muddy uses its quite simple, its not a room to “teach” traders you can do that here if you want to learn, Tim does a fine job

    so not sure why you are comparing apples and oranges but one example is me who trades many of the same stocks as Muddy but completely different style – the benefit of chat imo is the fact that plays are being put in front of you, if you don’t know when/how/why to pull the trigger you should be paper trading and not playing with real money until you understand the basics

    Putting stocks in front of people is extremely helpful – you sit here and you read a watch list of potential plays . so whats the difference?

    If you took the time to read the methodology behind what/how he trades you may learn a thing or two about what he looks for and then when a ticker his “shouted” you can make the decision yourself instead of having your hand held, get a grip dude

    whose forcing people to stay in the chat anyway? if it wasn’t useful there’s a big X button in the top right

  • http://www.investorslive.com investorslive

    “badguy” you must be really bored.. why are there 190 in there.. if they weren’t learning or doing anything why would they stay

    if you learn the terminology Muddy uses its quite simple, its not a room to “teach” traders you can do that here if you want to learn, Tim does a fine job

    so not sure why you are comparing apples and oranges but one example is me who trades many of the same stocks as Muddy but completely different style – the benefit of chat imo is the fact that plays are being put in front of you, if you don’t know when/how/why to pull the trigger you should be paper trading and not playing with real money until you understand the basics

    Putting stocks in front of people is extremely helpful – you sit here and you read a watch list of potential plays . so whats the difference?

    If you took the time to read the methodology behind what/how he trades you may learn a thing or two about what he looks for and then when a ticker his “shouted” you can make the decision yourself instead of having your hand held, get a grip dude

    whose forcing people to stay in the chat anyway? if it wasn’t useful there’s a big X button in the top right

  • badguy

    Note that I wouldn’t have even posted my comment if Muddy hadn’t posted his gains and chatroom figures on Tim’s blog. I don’t know why he has to do that on someone else’s blog. Look, I don’t go to his blog and advertise about Tim or other gurus that I like. You guys don’t even charge for the blog or chat, and I respect that, but there are plenty of forums where you can brag all your want about your profits and number of people in the chat room. But I am sure Tim doesn’t mind, since this only gives him more credibility as a teacher.

    >>”If you took the time to read the methodology behind what/how he trades you may learn a thing or two about what he looks for”

    I already wrote about his main trading concepts in my previous comment, so unless those things are not part of what he looks for or he is trading drastically differently from what he wrote in the blog, your comment makes little sense.

  • badguy

    Note that I wouldn’t have even posted my comment if Muddy hadn’t posted his gains and chatroom figures on Tim’s blog. I don’t know why he has to do that on someone else’s blog. Look, I don’t go to his blog and advertise about Tim or other gurus that I like. You guys don’t even charge for the blog or chat, and I respect that, but there are plenty of forums where you can brag all your want about your profits and number of people in the chat room. But I am sure Tim doesn’t mind, since this only gives him more credibility as a teacher.

    >>”If you took the time to read the methodology behind what/how he trades you may learn a thing or two about what he looks for”

    I already wrote about his main trading concepts in my previous comment, so unless those things are not part of what he looks for or he is trading drastically differently from what he wrote in the blog, your comment makes little sense.

  • badguy

    “Putting stocks in front of people is extremely helpful – you sit here and you read a watch list of potential plays . so whats the difference?”

    There is a BIG difference. Tim writes about his every trade, what he looks for, his entries, his exits. He even explains why a stock is on the watchlist.

    If I just want 40 stocks everyday, I can just use stockfetcher. Hell, SF can give me a few hundred or thousand! But someone won’t necessarily know what to do with them.

  • badguy

    “Putting stocks in front of people is extremely helpful – you sit here and you read a watch list of potential plays . so whats the difference?”

    There is a BIG difference. Tim writes about his every trade, what he looks for, his entries, his exits. He even explains why a stock is on the watchlist.

    If I just want 40 stocks everyday, I can just use stockfetcher. Hell, SF can give me a few hundred or thousand! But someone won’t necessarily know what to do with them.

  • http://www.investorslive.com investorslive

    Muddy had an excellent day .. so what .. he nailed a bunch today REJOICE

    I don’t really think Tim cares… I link to him freely he links to me freely, we link to him in the chat … FREE ADVERTISING FOR ALL …… I think you are the only one worried bud

  • http://www.investorslive.com investorslive

    Muddy had an excellent day .. so what .. he nailed a bunch today REJOICE

    I don’t really think Tim cares… I link to him freely he links to me freely, we link to him in the chat … FREE ADVERTISING FOR ALL …… I think you are the only one worried bud

  • badguy

    Like I said, I am bored. I am just helping promote Tim as a teacher.

    Thank you for taking time to reply to my comments. I am not worried about anything. Just entertaining myself and posting some observations.

    “why are there 190 in there.. if they weren’t learning or doing anything why would they stay”

    It isn’t unclear if the 190 people will be the same 190 a week or a month from now. There is a sucker born every minute.

    Well, good night and good luck! It is really entertaining to be on Tim’s blog!

  • badguy

    Like I said, I am bored. I am just helping promote Tim as a teacher.

    Thank you for taking time to reply to my comments. I am not worried about anything. Just entertaining myself and posting some observations.

    “why are there 190 in there.. if they weren’t learning or doing anything why would they stay”

    It isn’t unclear if the 190 people will be the same 190 a week or a month from now. There is a sucker born every minute.

    Well, good night and good luck! It is really entertaining to be on Tim’s blog!

  • http://stackyourcream.blogspot.com/ Adam

    badguy-

    I’ll try to comment the best I can on each area

    The chat is specifically for alerts only. So by definition there isn’t a problem with the chat and answers as to why no entry and exit points. And you are correct, entry or exit being alerted to is usually to late anyway. Which is why it’s Alerts only.

    You SHOULD do your own due diligence and have an understanding as to how we trade momentum stocks so that you DO know what to do with an alert. You will actually need to take initiative on your own to learn how to trade with any method.

    New people have been doing a good job reading the blogs learning this method. They are also doing a great job asking questions A/H

    The next section I can’t respond to politely so I won’t

    We do know price movement, behaviors and tenancies of specific stocks. That’s part of the strategy.

    Indicators for any method will only help to a certain extent. Knowing how a stock can move based on previous movements is also a very good indicator to help increase probability of a successful trade. So look at some charts badguy and learn the movements.

    How many will succeed is dependent on their dedication, passion, experience, risk management, and desire to learn. That is true with any method of trading, line of work, sport etc.

    Again you’re correct, the chat is for Alerts only. Covestor doesn’t verify research, it verifies trades. They also do not automatically link to IB otherwise I would be linked as I was when I traded out of TOS. Essentially I had the same 20% gain that I generated under Tims methods, but in half the time.

    Again you are correct. Actual useful information IS all over the place. Feel free to continue your understanding of this useful information. That should help you with paragraphs 1-7.

    Useful is a relative term. There are several blogs that explain Muddy’s methods

    Again correct, Tim’s blog is entertaining.
    -Adam

    Tim BTW nice job on horrowitz!

  • http://stackyourcream.blogspot.com/ Adam

    badguy-

    I’ll try to comment the best I can on each area

    The chat is specifically for alerts only. So by definition there isn’t a problem with the chat and answers as to why no entry and exit points. And you are correct, entry or exit being alerted to is usually to late anyway. Which is why it’s Alerts only.

    You SHOULD do your own due diligence and have an understanding as to how we trade momentum stocks so that you DO know what to do with an alert. You will actually need to take initiative on your own to learn how to trade with any method.

    New people have been doing a good job reading the blogs learning this method. They are also doing a great job asking questions A/H

    The next section I can’t respond to politely so I won’t

    We do know price movement, behaviors and tenancies of specific stocks. That’s part of the strategy.

    Indicators for any method will only help to a certain extent. Knowing how a stock can move based on previous movements is also a very good indicator to help increase probability of a successful trade. So look at some charts badguy and learn the movements.

    How many will succeed is dependent on their dedication, passion, experience, risk management, and desire to learn. That is true with any method of trading, line of work, sport etc.

    Again you’re correct, the chat is for Alerts only. Covestor doesn’t verify research, it verifies trades. They also do not automatically link to IB otherwise I would be linked as I was when I traded out of TOS. Essentially I had the same 20% gain that I generated under Tims methods, but in half the time.

    Again you are correct. Actual useful information IS all over the place. Feel free to continue your understanding of this useful information. That should help you with paragraphs 1-7.

    Useful is a relative term. There are several blogs that explain Muddy’s methods

    Again correct, Tim’s blog is entertaining.
    -Adam

    Tim BTW nice job on horrowitz!

  • Muddy

    Badguy…Sorry you’re bored but you BORE me so I won’t comment much here…
    ALL my stuff(and I’ve spent many many hours posting and trying to teach with patience there) is on http://greenonthescreen.blogspot.com/

    I’ve NEVER said Tim isn’t a great teacher..in fact if you had any brain at all,BOTH 13th and I have thanked him quite a few times for opening our eyes to this shorting of junk!
    Without him,I’d never have started doing it.
    And again you are clueless about me not putting up my buys and sells in the chat…GO READ the logs,dipwad,ok??

    All respect to Tim!…none to you though ,loser…please put up your handle in chat so I can bump your sorry ass

  • Muddy

    Badguy…Sorry you’re bored but you BORE me so I won’t comment much here…
    ALL my stuff(and I’ve spent many many hours posting and trying to teach with patience there) is on http://greenonthescreen.blogspot.com/

    I’ve NEVER said Tim isn’t a great teacher..in fact if you had any brain at all,BOTH 13th and I have thanked him quite a few times for opening our eyes to this shorting of junk!
    Without him,I’d never have started doing it.
    And again you are clueless about me not putting up my buys and sells in the chat…GO READ the logs,dipwad,ok??

    All respect to Tim!…none to you though ,loser…please put up your handle in chat so I can bump your sorry ass

  • badguy

    Sorry Muddy! I apologize for my impolite and disrepectful comments. I was just having a bad day. I definitely need to learn more and also educate myself better. You have really been great to set up the blogs and chat for FREE for the benefit of all.

    I never said you never said Tim was a great teacher. Nonetheless, I was just being an ass with my comments. Sorry about it. Please forgive me.

    Adam, thanks for being polite to me even when I don’t deserve it. Thanks for all your helpful comments.

    Sorry to all the people I have offended with this post. I am indeed a loser that needs to kick myself in the ass.

    Sorry again.

  • badguy

    Sorry Muddy! I apologize for my impolite and disrepectful comments. I was just having a bad day. I definitely need to learn more and also educate myself better. You have really been great to set up the blogs and chat for FREE for the benefit of all.

    I never said you never said Tim was a great teacher. Nonetheless, I was just being an ass with my comments. Sorry about it. Please forgive me.

    Adam, thanks for being polite to me even when I don’t deserve it. Thanks for all your helpful comments.

    Sorry to all the people I have offended with this post. I am indeed a loser that needs to kick myself in the ass.

    Sorry again.

  • Muddy

    No problem….everybody has goofed,myself included…it’s forgotten.let’s make some $$$$$$$..if I can help just ask,I’ll try

  • Muddy

    No problem….everybody has goofed,myself included…it’s forgotten.let’s make some $$$$$$$..if I can help just ask,I’ll try

  • mushy gushy

    peace and love my brothers, jewyahhhhhhhhhhhhh

  • mushy gushy

    peace and love my brothers, jewyahhhhhhhhhhhhh

  • Nick

    Actually Muddy taught me a lot today in a private chat – I was quite impressed with his knowledge and willingness to share it with a total newcomer and stranger. Thanks!

  • Nick

    Actually Muddy taught me a lot today in a private chat – I was quite impressed with his knowledge and willingness to share it with a total newcomer and stranger. Thanks!

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