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Shorted 4000 EMGE near market open at 3.88

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Reminder, LiveStock is 1-2PM EST, tune in here, we’ll def. be talking about this on…Shorted 4000 EMGE near market open at 3.88…could be a bit early, but not risking missing this…shares available at Thinkorswim all morning long…(I’m telling you available shares to short go back and forth between Thinkorswim & Interactive Brokers all the time) Rarely do we get blatant pump & dumps in the magnitude of GVBP, but EMGE tops it not because the $ volume is that great, only about $10 million worth/day, but because the stock price is higher so I think I can make $1+/share within the next few hours/days as the constant hyping from penny stock promoters subsides and the facts are revealed. As per StockPromoters.com, the promoters ending millions of emails and posting thousands of message board posts have been paid substantially:

WILD BILL $100,000.00
MONSTER STOCK PICKS  $100,000.00
Penny stock Perfection $150,000 cash
Wise Alerts $25,000 for a one week program on EMGE

At current prices, this is a $75+ million company that makes $20,000 every six months on revenues of $90,000ish, unaudited, as told to us by the company’s president, treasurer and CFO John V. Cappello in this SEC filing whose formatting looks like that of Microsoft Word (not typical lawyer formatting, probly because this is a one man operation and he make $20,000 every six months by not using any lawyers!)

John V. Cappello wants us to believe they have magic vitamins that could lead to $20million in profits, as he envisions" in this outlandish press release, despite sales of not even $100,000. John V. Cappello also lost his license to practice osteopathic medicine in EMGE’s home state of PA because he had disciplinary action taken against him…read it in this easy to find PDF when you Google his name.

But most importantly, i short this stock because due to all the stock promotion, its runup 3 days in a row from $1 to $4ish and most pumps start failing right about now, potential 50%-GVBP-type collapses intraday or in the coming days…supreme risk-reward shorting up here, my goal is to make $1+, possibly even $2+ on my short

Posted in Premium, TIMalerts

  • http://www.kabam.com tbohen

    Fuck I’m probably gonna kick myself but I don’t want to short right at the open.

    Good luck Timmay!!

  • TerranFirebat

    emge still gapping up I’m scared

  • bill

    can’t see level 2 info of EMGE. Maybe I should get the power etrade pro.

  • ehrof

    i thought i waited long enoguh and got in at 3.90 …

    coming down now though! GET IN!

  • BearNine

    Caught the morning panic on geta ,
    +300, 15% .

  • http://www.test.timothysykes.com timothysykes

    good tbohen, i have no patience, for better or worse

  • jeffryg21

    EMGE – yesterday profit $140 and today profit $40. Small profits but loving this strategy… buy at the close and sell at the morning open;)

    Don’t forget, wait till first down day to short, right?

  • http://www.kabam.com tbohen

    I’d love to see it go sideways at $4.10 the rest of the day then fade under $4 right at the close, so i can short it at $3.99 :)

  • zuluobb

    Tim, solid advive on CHIP. Covered a little after open when there was no continued selling from pre-market.

  • TerranFirebat

    shorted at 4.08.

  • bassman52

    its still uptrending crazy

  • http://www.reapertrades.com Reaper

    should never have shorted alongside Timmy, -$1450. Now I’m flipping long. @ 4.12

  • dannb

    damn it! no shares @ tos now

  • TerranFirebat

    out that was really stupid small loss. technicals said not to short on a gap up what the hell was i thinking.

  • dannb

    Interesting Reaper, I was pondering that thought after saw the chart making new all time highs.

  • http://www.reapertrades.com Reaper

    eh fuck me -$115 on that too

  • BULL

    Get a grip of yourself Reaper !!! Calm down

  • http://www.kabam.com tbohen

    I love that one of their products is:

    Numerous

    What the fuck kind of product is numerous???!??! Thats like Ford listing, “bunch of cars” on its website!! :)

    Numerous
    other patent pending products under which we are licensed to market at the appropriate time.

  • http://www.test.timothysykes.com timothysykes

    really gotta stop getting so excited with these frauds, shorting in the morning is just risky

  • http://www.kabam.com tbohen

    Yeah I think its a great setup, and I reeeally want to short it, maybe I can short it this afternoon at $4.99 instead of my initial hope of $3.99

  • dannb

    bought 1000 EMGE @4.12 sold 1000 @ 4.30 $180 profit minus comm.

  • braderhart

    Covered 3000 CNLG @ 2.01 for a $270 gain. Of course it tanked as soon as my order was filled. Oh well, a win is a win. Thanks Tim.

  • bassman52

    nice dannb, i didnt have the courage to do that but i def thought about it!

  • jchahboune

    whatever happenned to that idea of hedging an early short with a long. that died pretty quickly…….

  • http://www.test.timothysykes.com timothysykes

    jchal, i could do that, but no need in thinkorswim since the shares are reserved for the day, i just shoulda waited

  • Webster

    This thing can get dangerous if all the shorts start covering

  • ehrof

    I feel dumb for jumping in so quickly when I could have waited since the shares were reserved. Kicking myself now.

  • bassman52

    Holy crap!!

  • tmcnally

    Tim did you consider Lionmasters suggestion of buying in another account to hedge until you really wanted to short? Thought you’d said your were gonna add that to your routine when you wanted in early.

  • jeffryg21

    I love BestDamnpennyStocks. Funny how they’re predictions were correct all week.

  • tmcnally

    ooh i see u already answered…my bad

  • Webster

    Tim volume is slowing om EMGE time to double down on the shorts?

  • bassman52

    i missed it!!!

  • BULL

    Timberrrr

  • joethemoe

    tim you are a genius :D

  • Webster

    Saw it coming and didnt do anything.

  • bassman52

    should i short or wait for a bounce ? thoughts?

  • TerranFirebat

    Wow $1000 mistake for not reserving extra shares to reshort at 3.50

  • TerranFirebat

    4.50

  • ehrof

    wow.

    from a $250+ loss to a big gain in like 10 seconds.

  • TerranFirebat

    god damn i was off of a megaprofit by inches. i was right to sell early to avoid that pain but damnit couldn’t reshort.

  • TerranFirebat

    this one is going all the way…

  • Webster

    This is crazy to watch!

  • ehrof

    when to cover …

  • joethemoe

    0

  • http://www.kabam.com tbohen

    WTF!?!? I was thinking, hmm she looks a little toppy around $4.50 I make the 5 minute drive home to get something to eat and its fucking $3?!!?!?

  • BearNine

    Opened a short position at 4.50.

  • http://www.kabam.com tbohen

    Should be a good livestock, Timmay’s gonna be all fired up!!

  • be the ball

    wow, glad it worked out for you but that is not a game i am ever going to play.

  • joethemoe

    bearnine, don’t you have sogo? how you able to short it

  • jeffryg21

    Seems as though we all made money today, good job TIMBO!