CHATROOM

Anybody looking to Hire Right Now, I’ve Got Some Potential Employees?

February 18, 2009 at 8:20 am
by Timothy Sykes

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

Times are obviously tough right now so in the past few weeks, my email inbox has been flooded with resumes and pleas for help from several dozen young wannabe finance folks…

None of these people want to make boatloads of money right now, meaning they’re realistic, instead they just want a chance to get into “the industry” (for whatever reason), get some experience and learnnnnnn! Oh yeah, most do have debts/obligations so they do need to get paid a bit…

So, finance/banking/trading institutions, should you want to hire anybody right now (and if any of you know of anybody in this joke of an industry hiring, I, and those listed below, would greatly appreciate you forwarding this blog post around), please do CONTACT ME HERE. I’ve got several resumes to forward and young people–think 17-25– to forward to you.

Most are in the NYC area, but some are as far away as Missouri, Pennsylvania & New Hampshire…none have graduated college yet, but I’ll only forward you guys the three or four most dedicated of the bunch–as best as I can tell from their emails to me and their backgrounds…

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  • http://investingadventures.com Jorge

    Fires are never fun. I used to live on a third story building near our campus with my fiancee and roommate. We hadn’t lived there more than 3 months before the lady across our breezeway accidentally lit her place on fire. Seems she fell asleep and a candle she had fell or blew over and lit her balcony which then spread. Oddly enough, I probably would have done the same thing you did. Instead I had to worry about my fiancee and my new puppy. Didn’t even bother grabbing my glasses. But when the roof of where you’re at starts burning up, I guess that’s the last thing you worry about. Hopefully no one was hurt in that blaze.

  • Stan

    i was thinking today, if i were to leave my apt in a fire what i would do… take my cell phone and laptop and get out!

  • timsykes

    yah nobody hurt badly, luckly

  • Neil

    msrv.v

    supernova?

  • Neil

    sorry its msr.v

  • timsykes

    nope, not up enough, too low price, a commodity play, not american traded, low volume, just about everyting possible wrong with it…we just saw a supernova in idmi, usually takes a few days/weeks before we see another

  • Technicalstockcharts.net

    Tim any thoughts on ACUS? It has exploded the last two days.

  • timsykes

    acus is too cheap for me, shoulda woulda coulda bought it along with everyone else, but its not my kind of play, i’ll short at $3 though!

  • WallST_Wizard

    Hi kinda newbie question here… but is it illegal to short stocks with prices that are less than $3.00 per share, or does your broker “thinkorswim” simply not allow it for some reason?

  • Mike

    Hey Tim,
    E*Trade (ETFC) looks like it’s bottoming out. Might be worth taking a look at although this looks like something a value investor would buy and hold with the turnaround plan as the key determinant and thus reliance on management and other unpredictable factors. Not sure if this can pop up in the short term but if so you might be interested. P.S. The CEO bought 474,707 shares worth $1.9 million after the blackout period.

  • Whiskey Mac

    Would DPTR be too big to be included in your watch. It has contract news and its spiking at the open. But it is 1.4bill cap and 60M float

  • Alvari40

    Shorting POWI here $26.33 1/2 position.

  • Bob J

    Tim,
    Just wondering if you play on sure thing sometimes? Yesterday everybody knew MBI was going to offer secondary at a discounted price. That means usually the share price opens lower the following morning. Why didn’t you short MBI with let say 50% of your portfolio. You could have made at least $1 per share coving MBI even at the opening today. Just curious.

  • Ilan

    guys it is time to GCE.TO it is flying again

    Ilan

  • Ilan

    Hey Tim @ what age did you started to trade my son have got 10000for his bar

    any advice

    Thank you
    my email is

    ilan19650@gmail.com

  • timsykes

    Apologies tot hose emailed me–I’m about a week behind–popularity’s a bitch! Lots of Q&A on here so here we go:

    If your broker will allow it, you can short down to 1 cent stocks. Thinkorswim’s limit is $3 and thats ifne by me (lower than that and the risk reward gets out of whack)

    ETFC, I could care less about insider buying, thats BS, he knows idiots care about it so he does it, more important, the chart is POSSIBLY bottoming, but too unreliable/boring for TIM.

    If I had a kid, I would just show him DPTR’s chart to put him to sleep—BOOOOOOOORING

    POWI, waaaaay too unpredictable chart for me

    MBI, waaaaay too unpredictable for me–I don’t play Wall Street movers and shakers that go up and down based on deals. Who’s everybody? Who cares–I trust nobody!

    Ilan, I started in my teens, got serious at 18.

  • Ilan

    Tim
    Thank you
    I will order the book Today

    Ilan

  • Whiskey Mac

    Tim,
    It is interesting about the price of $3 or more. You’ve mentioned you didn’t like low cost stockes before. But I didn’t catch what you consider low until now.

    How about Size and Float? I have seen you mentioned floats for specific micorcap companies before. But to generalize this-

    1) What range Capitalization do you like (or not like)
    2) What impact does the float have. How much should the float be in relation to Cap.

    Mac

  • timsykes

    Apparently I can short under $3, Thinkorswim just let me short 1,000 ARTE at $2.84! I asked my trusty chat guy “I thought you don’t allow shorting under $3?” and his reply was “you’re good to short”

    LOLOLOL Is there no end fo Thinkorswim’s greatness? Ended p covering quickly at $2.80 because I don’t like the price action (full details later), but I love my broker more than ever.

    Float and marketcap come into play depending on what the volume/interest is. I usually don’t l ike shorting stocks under $50mil marketcap–crap like GOAM and CTIB can really spike. Float who cares, the low floaters are the best spikers, just tougher to find shares to short

  • blueshorseshoe

    ARTE seems rather dangerous to short this soon up only 22% and a thinster. AGN news gonna be all over this weekend and people going to be looking for the next new thing. I thought you had a day one rule of no shorting?

  • timsykes

    Yah, it was def. a crap play, but I saw my friendly wall of sellers–that usually join in much later–and thats why I shorted. Screwed up both my entry and exit but still came out okay. Poor trade, but good management once I was in

  • eric

    Tim I was just curious…how are you doing now compared to when you had your first 12K a few years back? For example, are you ahead or behind that pace when you compare your first feat to now? Also, have you considered doing a podcast considering that tons of people have ipods and that it would be cool to listen to you through podcasts?Thanks!

  • Eric T

    Have you guys checked out EMKR??? It’s been moving a lot the past few weeks. Some good long and short plays.

  • be-the-ball

    eric,

    read the book, you will see exactly where he was each step of the way. seriously, it’s a good book. I have 2 copies, bought one and one came with DVD.

    tim, i want a comm. if eric buys a book/dvd from you :-)

  • timsykes

    be the ball, we’re launching an affiliate program in the next few weeks so commissions will be 25%, $75/DVD package–that should inspire ya!

  • be-the-ball

    need a website though, no time for that…too busy tradin’

  • timsykes

    Compared to 1999, that year i went from 12k to 123k, so i’m waaaay behind, but there havent been nearly as many opportunities and it’s not a straight line. also now it’s taken me a little while to get used to day trading restrictions and position sizing.

    EMKR buy only on a breakout of $16

    affiliates don’t need websites, u just get your own unique code and can post it anywhere, message boards, emails, whatever

  • casio

    fire stories are always fun. i’d been living in my building maybe a month when my cell phone wakes me up. it’s my roommate telling me the building is on fire. unfortunately, i hadn’t anytime recently thought “what would i save in a fire?” still half asleep, i jump up, turn off my monitor speaker (powered speaker attached to my computer) and fan and run out of the building. i think i might have grabbed my cellphone and wallet. i get outside to find my roommate standing with a cat carrier holding our cat, ajax. then it dawns on me; my roommate *assumed* i wasn’t home, grabbed the cat, got her in the carrier, made his way outside, then, just for shits, calls me to tell me the building is on fire. and to top it off, somehow we were the only ones locked out of our apartment.

  • be-the-ball

    cool, tim, i will print it on flyers and hand them out in front of the supermarket! :-) Seriously, look forward to it, happy to push your book and DVD. When are you going to have your library back on the site?

  • timsykes

    i’ll print the flyer for u! librarym, press, forums all should be done this weekend

  • S Adams

    I’m keeping an eye on CHNR. I’m thinking it is getting ready for another multipoint run.

  • timsykes

    I’d love for CHNR to keep running, but its got a lot of resistance for the next few dollars, wait for one of those days where volume surges and shorts are caught

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  • http://www.CollegeStock.com The Dean

    Send some over to The Dean i’m always looking for intelligent co-workers!