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What Can You Learn From My Last Two Stock Trades?

Posted by Timothy Sykes on Wed 4th of Nov, 2009 04:26:17 PM

REMEMBER: You have until Friday November 6th to pre-order any/all of my 4 new instructional DVDs to get access to special FREE followup webinars on each topic…these instructional DVD packages will help you get smarter faster, saving you from thousands of dollars in ignorant trading losses

Yesterday I explained what’s included in my “Learn To Read SEC Filings” DVD Package, check it out!

2 days ago I explained what’s included in my “Learn Level 2″ DVD Package, so check that out!

Remember Remember, You have now only 2 days left to get this special deal

I’ll explain the other 2 DVDs tomorrow, but first I have to update you guys to my latest 2 trades, both of which wer ein my Covestor auto-trade account (yup, you don’t have to bother wasting your precious time learning my strategy from my instructional DVD packages, you can just visit this Covestor page and talk to them about setting your account to auto-trade based on my trades!)

Yesterday I send this alert to TIMalert subscribers:

Bought 3000 Cott Corporation (USA) (COT) at $8.65ish…it was on my potential buy list this morning, consolidated well now its uptrending all day, Reuters has a story they sold $215 million worth of debt up from an expected $200 million at 1:30Pm EST today…I expect a press release later today or tomorrow…stock is 10 cents off its 52-week highs, methinks the press release will spike it over $9 and then potentially momentum traders can push this up to $10 as it’ll be a perfect breakout…risk is there is no PR and/or the breakout fails…i do wish the overall market was sturdier, but I’ll cut losses if this breakout fails, risk of 30 cents/share on the downside, but I could make $1/share if I’m right, 3-1 odds of success, I like this ratio and will take it over and over…kinda like DDRX which actually did fail though, just FYI…not a true pump & dump like I prefer.

Today I displayed some patience, because I was right about the afterhours press release, sucking up some slight early day losses and held all the way til noon (yes overnight and 2.5 hours of market action is very tough for me), selling at $8.88 when it couldn’t go green on the day (later it would go green and jump all the way to $9.30), taking profits of $650ish

Around noon today I saw another opportunity and told TIMalert subscribers:

Shorted 3000 Qiao Xing Mobile Communication Co., Ltd. (QXM) at $4.88…speculative trade, but this is its 3rd up day in a row, these spikes usually fail around then, no support until $4.50 and thats my goal…will add to my small position if it goes higher in the next day or so…people think its up due to earnings, but the runup happened this week, earnings were last thursday and they weren’t anything special…probly some newsletter or message board hype

3 hours later, the stock did take out the morning low of $4.70ish and did a little panic to the mid $4.50s, but refused to go negative on the day (InvestorsLive & PennyStocking DVD students know this red-to-green and green-to-red action is hugely important in determining momentum) so I covered at $4.61, profiting $800ish.

Not bad, a $1,400ish profit day based on the predictable chart patterns which I outline in my instructional DVD packages.

Here’s how some exceptional TIMalert subscribers did, $7,000+ in profits enjoyed by those few who have learned my strategy:

+$56.50 on COT today short selling it on red. +$1037 yesterday.
-Reaper

qxm total profit $822.00 Nice play for this one. Thank Tim
-yasd

covered QXM for +$618. needs to attend a meeting.
-bill

just covered QXM too at 4.64 for a quick $160ish profit. Did not keep a big position. Thanks Tim
-RM

+$1417.40 on QXM and $0.12 on COT
-Reaper

Sold the remaining COT for $210 profit. Total profit of COT is $646
-bill

covered 1000 QXM +$800
-dmitry

Avg price 4.25 on GCHT, sold at 4.37 for +$280
 Avg. price 8.81 for COT, sold on pullback at 9.15 for + $405. Not a bad day
-Mmiller

Out of QXM, hit my stop loss +$281 on my small position.
-Adam N.

Short at $4.84 Bought QXM at $4.65..$125 profits..
Got scared on COT, Sold at $8.85 and $8.92..total profits around $120
-jsp

Sold off $COT $175 in green.
-g.e.

+$65 on COT Thanks Tim
-preston

2000 COT @8.77, sold @8.88. +$220 Thanks, Tim!
-wallace

Got out at 8.91 for +$160….I’ll take it. Nobody went broke taking a profit!
-zm

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