This was sent to TIMalert subscribers at 5:30PM EST LAST NIGHT, after I GOT ZERO SLEEP HERE IN CHINA…nobody cares about you degenerates like me…nobody!
LiveStock is today Friday 1-2PM EST, tune in live HERE from Beijing!
TIM trading account—now stands at $70,000ish, ending up making $1300 on SCLN and am up another $500ish on my addition WUHN short…up 65% in 2009 and up 460% in the last 22 months
Longer Term Account $54,000ish, made about $100 on my WUHN short and $200 on my CHINA short so far…this account is up 8% since May 2009 inception…this account can be auto-traded by subscribing HERE
Some losses on those in SCLN, not understanding that these stocks can flip so if there’s no gap up or real solid buying, it’s time to get out!!!! Btu still TIMalert subscirbers managed a $4,100 profit yesterday:
Shorted 2 thousands shares KERX at 1.74 and covered at 1.50. ONTY..bought 2 k shares at 5.15. Sold the first thousand at 6.00 in 2 hours and the other one at 6.65 the next morning. $3,000 in profits!
-zulobb
I was hit AH last night on my sell order for SCLN, made $300
-BTB
lost 75 bucks on SCLN, no level 2 on freakin ipod, scary
-bassman
$300 Tim Loss
-Terran
150$ Profit on NXST – too choppy price action toda
-hiro
Lost $80 on $800 investment in SCLN – got 15 min late in and 30 min late out.
-askpak
NOOOOOOO!!! Lost $1000 on SCLN. my internet stop working in the morning……….
-enslavedbynumber
Just having fun this is just my 3rd trade n i’m happy about iit…made almost 300
-C.P.
lost $80 with commissions on SCLN
Gained $133 on AIG breakout
-Liam
SCLN -103
-dsmith
Tim, 2000 shares short and long. Five hundred plus on the short.
-zulobb
Maybe I’m stupid but I got out of ohb and took my 1300 dollar loss.
-mcinroe
Shorted OHB at 5.43 down to 5.15 for 7%. Afternoon fade!!!
-bearnine
shorted at 2.80 covered at 2.76 profit of 40 bucks.
-wallie
out WUHN +$367
-Reaper
out of CHINA for $100, not interested in holding overnight
-BTB
Previously today made a mess out of shorting it, got out with $120 profit (shorted 600 @3.81, covered @3.6)
-parabol
Covered WUHN too early. +$492
-bill
out WUHN + $150.00 ![]()
-sandra
Happened just like you said it would Tim, made $562 buying OHB on the squeeze, thanks! I’m about to pick up TIMfundamentals with these profits!
-George C.
WUHN I added a short of 2,000 shares near the market open, read the whole alert HERE…the thing faded as perfectly as I’ve ever seen, even taking out technical support at $3.50 late in the day befre some nervous shorts pushed it a bit higher at the market close…just wish it was a bit more liquid so I could’ve shorted more! I intend on covering this into a morning panic or afternoon fade today since yesterday was only its first down day and anyone whose ever seen my PennyStocking Part Deux DVD package knows this pattern well
Radian Group Inc. (RDN) kept surging on its earning momentum, from $7 to $8 at the market open (that’s what I thought SCLN was gonna do, grrrr!) but then it faded…this turned out to be a great afternoon runner from $6 to $7 and then gapper to $8, one of the more perfect trades I’ve ever seen…and I missed it, choosing the wrong horse in SCLN…still proud that some TIMalert subscribers did choose the right horse and even if we all missed it, the pattern is dead on what I’m trying to do pretty much every time I buy a stock so this was a good example for all to see when it does work out…now there’s no play…next!
Entercom Communications Corp. (ETM) had its first down day, losing 10% to $4ish after rising from $2.5 to $4.50 in the past few days…I considered a late day short, but it’s an earning runner so I didn’t know how nicely it’d drop (similar setup SCSS actually kept going and was a good buy on the dip)…potential buy now on any big drop
SCLN I sold near the market open as the buyers looked weak and sellers were entrenched…obviously my goal was to sell higher, but like I’ve said 5 million times, I get out ASAP when the stock isn’t acting the way I want…stock is still a potential buy, but this breakout breakdown keeps momentum buyers away…to better teach, I even posted this little explanation on TIMalerts.com:
Terran, why do u think i create instructional DVDs, because they’re fun to make? NO, its so u can learn the game and anticipate my damn trades..its pathetic u guys can learn trade after trade, WUHN was a short the second people started chipping away at the 12k bid at $4…SCLN was a sell the second it couldnt take out 4.45..gotta learn guys, i cant spoonfeed u forever
OHB really really spiked, squeezing stubborn short sellers all the way to $8..I warned you guys, shorting these things that don’t breakdown perfectly gets you squeezed…just like CHINA did a few weeks ago…decent short on the way down after the spike, but that’s risky…I’m just watching in amazement and I’m proud that one or two PennyStocking DVD students actually bought the breakout…there are 2 sides to every trade guys, I’m not always right!
CHINA I shorted 3000 at $2.82, read the entire alert HERE, but basically this is that IIJI trade from my book An American Hedge Fund all over again…shady poorly-performing Asian internet company hypes itself up ahead of a financing and then the IPO falls on its face…at least ASIA raised some cash, even if their IPO tanked from the get go! TIMalert subscribers know what my profit goal is…these guys are ringing the NASDAQ bell and possibly gonna be on CNBC to stem the bleeding of this miserable IPO so I’ll suck up some potential hype, as long as the stocks don’t jump too much
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