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How I Made $500 & My Subscribers Earned $10,000+ Short Selling Arena Pharmaceuticals, Inc. (ARNA)

Posted by Timothy Sykes on Thu 19th of Feb, 2009 06:58:20 PM

As I said in my post yesterday, the reason why I shorted 2,000 shares of ARNA at $5.98 was because it had the perfect setup that made me think it was going to $5 to $5.50 today.

Right now, I’m not going to get into that setup, I’ve only explained it 364838473 times and have made several instructional DVDs detailing this chart pattern and several others which have made me millions over the past decade (and I’ll be discussing them for FREE this coming Sunday morning at the NYC Trader’s Expo)

So just check out the chart pattern, compare it to those in my original post and, most importantly, look at the TIMalert subscriber testimonials below….yes, contrary to what a few penny stock promoters claim, we are accepting new members! (a few people actually told me promoters were telling people I’m not letting anyone else, absurd, right? Hey promoters, I love your work, I’m not against you, I want you to pump these pieces of crap as much as possible! (Especially you PSPM pumpers, pleaseeeeee!))

(TIMalert subscriber testimonials add up to just over $11,000…so far, some didn’t want me blogging about it, apparently, I’m too boastful, LOL!)

“Made $4,356 practically overnight, can’t thank you enough”
- J.J

“Hi Tim, In at 5.92 out at 5.56 $90 profit!! awesome thanks :) ”
- spit

“Covered ARNA @ 5.56. Total profit on ARNA…$280.28. Thanks, Tim! This $280 from ARNA is gonna tag and insure my truck!”
- WT

“Profit of $66, this begins to make up for you kicking me out of LiveStock last week!” -D.F.

“Nice call on ARNA- in at 5.92 out at 5.50″
- nmeyer

“$180 profit, good for now THX Tim..
BTW get subscribed yesterday. Well done!”
- O.M.

“Shorted ARNA from 5.85 to 5.36… +$780” –examine

Covered 2000 at 5.4 from 5.88, 940$ profit after commissions. Thanks Tim.

dead on1 How I Made $500 & My Subscribers Earned $10,000+ Short Selling Arena Pharmaceuticals, Inc. (ARNA)

ridiculousluy dead on1 How I Made $500 & My Subscribers Earned $10,000+ Short Selling Arena Pharmaceuticals, Inc. (ARNA)

PS I only made $5.26 because like the bitch that I am lately, I covered my 2,000 shares at $5.70…scared the breakdown wouldn’t hold…scared my recent losses aka as I say in my instructional DVDs, I just know the setups and the game very well, but I’m not that great a trader, you can do better than me!

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  • olee dee
    It was on my watchlist but somehow i thought it was a buy and sell (im still very very new to all this) now that i think back your first Dvd on pennystocking portrait this kind of pattern as a pump n dump!

    I really need to learn how to short sell i hope Wallstreet Survivor has that option even tho its with fake money and all!

    thank god i havent invest a penny yet ! but im still happy to have learn a free lesson here and I really think anyone who wants to get into it should make the first bad trade on a fake plateform .

    Ive seen you analyzing a lot of charts TIm but do you , sometimes , make connection between different stocks and act on delayed progression ?

    peace and keep up the good work .

    O.D.
  • This really was the perfect setup Tim. And best of all----As a PennyStocking Graduate i'm proud to say I had it on my radar before receiving your first ARNA alert (didn't pull trigger till later tho).
  • Evan
    Timmay! Let me be the first to say (in this post) YOU ROCK- thanks for ARNA! I know this pattern intimately now, and can't wait for the next one to come along. To the commenter on the last post: Thanks for alerting me to ANDS!

    islandminister
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