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Pay Attention Already–Lessons From Making $8,000 On Georgia Gulf Corporation (GGC)

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That’s why I send pre-market watchlists to my TIMalert subscribers the night before trading starts…I sent these 2 preparatory paragraph about Georgia Gulf Corporation (GGC) the past few days (before its latest runup):

On 7/31:

GGC jumped $8 to $20ish yesterday by noon on a better financial situation….this can actually keep going even though it consolidated back to $15ish…I’ll actually buy if and when this breaks out again past $20…shorts are scared!

On 8/2:

GGC kept surging, up $2 to $18ish…I will buy this if it can consolidate in the high teens and eventually breakout past key psychological level $20…if it does break that level will strong volume and ideally a catalyst (analyst upgrade?)…could be a very nice short squeeze to $22+ if and when that does happen

Look how the stock performed on 8/2 and focus on how it acted at $20/share:

Waaaaay too fast of a runup for any alert (and I was traveling back to NYC as it happened anyway…yes, I will continue missing some great trades, but my goal is to prepare my TIMalert subscribers ahead of time so they don’t need me anymore!), the key to success on this trade is preparation!

And check out the TIMalert subscriber below profited from my helping him be prepared:

Hi Tim,
this is my first e-mail to you. I wanted to send some sooner… I have to do it this time. I am the guy that made $1.780.00 on CHINA on your webinar. This time I made $7.460.00 on GGC in about 20 minutes (2000 @ $19.75, out @ $23.48). This is crazy. I had to work for two months to make this much money. I have learned so much from your DVDs. Thinking of doing 101 training with you if it would be possible after you’re back from china. Thank you again. Looking forward to hear from you soon.
-Martin

Awesome, truly awesome…it’s not luck, it’s not difficult to predict…it’s PennyStocking! What are you waiting, register for TIMalerts HERE today!

Posted in Breakouts

  • Anonymous

    Anyone short the afternoon dump?

  • Carlos

    I’m kicking myself so hard now for being so paranoid. Bought and sold 3 times over two days for a meager $637 profit… If I had ridden it all the way from $15.43 to $45-ish I would had already made up all my life-time losses and then some… WTF… you live and you learn from Timmay!

  • EmperorCaligula

    Anyone short the afternoon dump?

  • EmperorCaligula

    Anyone short the afternoon dump?

  • Anonymous

    The race is on!
    So around the first day or two of July you and I had the same money in our account. You took the lead shortly after and we were about even again on the 24th. Now I am in the lead by about 6k. I know you don’t care but I am just kinda watching it for fun. I don’t trade by your system, but rather swing trade on stocks that I got from you and the old GreenontheScreen chat that I have kept on my watchlist for the last 10-15 months. Last year I regularly visited here and GOTS until I got a much busier job and now I can only keep up with my core list of stocks. I’ll check in with another comparison in a few weeks or so.

  • http://www.reapertrades.com/ Michael Goode (aka Reaper)

    GGC had some nice downside today after it hit $47. Despite messing up going long twice this morning I still ended up +$596.77 on GGC today. Trade recap here: http://reapertrades.com/2009/08/august-4th-recap-and-watchlist-for-august-5th/

  • Carlos

    I'm kicking myself so hard now for being so paranoid. Bought and sold 3 times over two days for a meager $637 profit… If I had ridden it all the way from $15.43 to $45-ish I would had already made up all my life-time losses and then some… WTF… you live and you learn from Timmay!

  • Carlos

    I'm kicking myself so hard now for being so paranoid. Bought and sold 3 times over two days for a meager $637 profit… If I had ridden it all the way from $15.43 to $45-ish I would had already made up all my life-time losses and then some… WTF… you live and you learn from Timmay!

  • mathemagician44

    The race is on!
    So around the first day or two of July you and I had the same money in our account. You took the lead shortly after and we were about even again on the 24th. Now I am in the lead by about 6k. I know you don't care but I am just kinda watching it for fun. I don't trade by your system, but rather swing trade on stocks that I got from you and the old GreenontheScreen chat that I have kept on my watchlist for the last 10-15 months. Last year I regularly visited here and GOTS until I got a much busier job and now I can only keep up with my core list of stocks. I'll check in with another comparison in a few weeks or so.

  • mathemagician44

    The race is on!
    So around the first day or two of July you and I had the same money in our account. You took the lead shortly after and we were about even again on the 24th. Now I am in the lead by about 6k. I know you don't care but I am just kinda watching it for fun. I don't trade by your system, but rather swing trade on stocks that I got from you and the old GreenontheScreen chat that I have kept on my watchlist for the last 10-15 months. Last year I regularly visited here and GOTS until I got a much busier job and now I can only keep up with my core list of stocks. I'll check in with another comparison in a few weeks or so.

  • http://www.goodevalue.com MichaelGoode

    GGC had some nice downside today after it hit $47. Despite messing up going long twice this morning I still ended up +$596.77 on GGC today. Trade recap here: http://reapertrades.com/2009/08/august-4th-reca…

  • http://www.goodevalue.com MichaelGoode

    GGC had some nice downside today after it hit $47. Despite messing up going long twice this morning I still ended up +$596.77 on GGC today. Trade recap here: http://reapertrades.com/2009/08/august-4th-reca…

  • Anonymous

    Hey Tim, just wanted to stop in and say hi and see how you and daleela’s summer was going. I will be back in the fall and hope to continue working for you!

    Matt R

  • Intern987

    Hey Tim, just wanted to stop in and say hi and see how you and daleela's summer was going. I will be back in the fall and hope to continue working for you!

    Matt R

  • Intern987

    Hey Tim, just wanted to stop in and say hi and see how you and daleela's summer was going. I will be back in the fall and hope to continue working for you!

    Matt R

  • http://test.timothysykes.com/blog/2009/08/05/guess-what-georgia-gulf-corporation-ggc-just-did/ Guess What Georgia Gulf Corporation (GGC) Just Did? | TIM – Timothy Sykes

    [...] I posted THIS about Georgia Gulf Corporation (GGC) just last [...]

  • http://test.timothysykes.com/blog/2009/08/05/guess-what-georgia-gulf-corporation-ggc-just-did/ Guess What Georgia Gulf Corporation (GGC) Just Did? | TIM – Timothy Sykes

    [...] I posted THIS about Georgia Gulf Corporation (GGC) just last [...]