This was sent to TIMalert subscribers at 8PM EST last night so they could be prepared for today’s trading:
These are some great reader emails, thank you, please do send me more like them
5 cool things to do on Investimonials.com…new features coming in January!
Thinkorswim-Based Account: $99,815, no positions/no trades, up 135% in 2009 and up 704% in the last 2 years
New SogoTrade Account: started on 11/24/09: $108,203, no positions, no trades, account is down $3,530 since 11/11/09 inception
Conservative Auto-Trade Account: $177,726, no positions, no trades, account is up 28% since 05/01/09 start
Aggressive Auto-Trade Account: $58,552, no positions, no trades, account is up 18% since 11/11/09 start
$4,500 in Friday profits for the TIMalert subscribers listed below:
RWC —-covered @3.58 for $1,326.57. Thanx Tim !!!
-whizzler
Covered RWC for a $400 gain today. I also had scalped it for +$60 on Wednesday.
-Scott W.
Shorted 4K shares of RWC @ 3.90 eod yesterday..covered today at 3.48…+1680…jeeewyah…bitches!!!!
-YB
finally some downside on RWC after you and your subs got out making the stock all volatile…..+600
-BN
$375 profit on NLST overnight short. Shorted 2k yesterday @ 5.84, covered average 5.64 because it didn’t gap down and there was no panic.
-nifri
BIOF +540.00 First green in a week.
-zulobb
bought SNSS 1.90 sold at 2.02… so jump had to take my profit +120… rebought at 2.09 sold at 2.36… yay +129
-PI
quick $50 profit on SNSS from 1.52-1.57… momentum
-gui
SNSS +108 on only 400 shares.
-kerry
-$343 buying SNSS
-$126 shorting SNSS
-$120 shorting AKNS
-Reaper
-120 on SNSS. 1.42 sell, 1.525 buy to cover. Only thing i did well was cover quickly. But it was an early, forced trade also in hindsight.
-myrrh
$78.95 on snss sold.at $1.95hit my limit order …. tried to change it quick got filled….and its still flying….a gain is a gain…..
-DJ
Opps…I meant out of RWC at $3.72 with a $50 profit.
-kimo
BioFuel Enery Corp. (BIOF) had a nice multi-day double-top at 4ish and faded to the mid 3s as longs got scared, and rightly so, potential short on continued fading as this could be the ultimate top, but I don’t like guessing double-tops…as I explained on LiveStock, shorts often get squeezed on positive news announcements because the stocks are up for a reason
Sunesis Pharmaceuticals (SNSS) is for TIMalert subscribers only!
SMC Recordings Inc. (SMCE) is the pump & dump of the month so far…1ish to 2.50ish so far…this will make a great holiday present for short sellers when it inevitably collapses, most likely this week…good luck finding shares to short, it’s tough/impossible…but that’s the strategy, it costs you only some effort to try to find shares and be thankful if you’re one of the few to find them…if not, just enjoy life and wait for the next GIFT from unethical stock promoters. (I don’t buy because history has proven they literally can collapse/get halted at any time)
Jbi Inc. (JBII) is for TIMalert subscribers only!
Atlantic Wind & Solar Inc. (AWSL) the promoters are labeling their paid for advertisements as “this news will prove Timothy Sykes wrong”…thanks for the free promo you goon, when AWSL collapses, as, with ALL paid promos, it inevitably will, I’ll be profiting all the way down…for now these promoters have crafted an impressing uptrending chart that is more of a buy than a short…until somebody throws in more $ and hires more competent promoters (as evidenced by real volume, not this bush league crap), I will not buy…obvious risk of SEC halt, too, but I will not short a chart like this, no matter how full of skeletons this company’s closet is.
La-Z-Boy Incorporated (LZB) finally did breakout to 10.25ish, proving me right, but, like RWC, I was off on my timing…trading real companies is never as easy as pump & dumps and these 2 are great examples of that, but their eventual breakdown (RWC) and breakout (LZB) prove I am also 100% on the right track…it’s just a question of cutting losses on fakeouts and patience and I will ALWAYS play the stocks the way I did because I am a conservative penny stock trader…great lessons here, thanks for cooprating LZB, next time cooperate sooner so I can show profits too!
Relm Wireless Corp. (RWC), like LZB, did exactly what I thought it would (tanked to 3.50 from 4), just not in the timeframe I was willing to hold…congrats to the patient TIMalert subscribers who did hold, you’re beginning to see I am right more often than not, but I have timing/patience/discipline issues so by learning from my mistakes, you can do better than me…and that’s my mission…now at 3.50, it’s below technical support at 3.59 and I would expect a morning panic to the low 3s, perfect for covering into….this one stings, especially because I thought about adding to my 15,000 short position in the low 4s instead of covering and playing it safe…profits go to the brave on this one, man oh man, earning 50 cents/share on 25,000 shares coulda woulda shoulda been mine if I didn’t trade like a castrated choir boy…too bad that IS how I trade, great lessons for you guys!
Infinity Energy Resources Inc. (IFNY) had a nice morning panic drop of 15%, but then rebounded as short sellers go bored with such an illiquid/esily pumpable play…my girlfriend Daleela covered in the low $1.50s for a nice gain although I don’t think it counted for her auto-trade account due to low marketcap size…this is a potential buy if it can breakout of past highs on strong volume and preferably some cheesy ridiculously optimistic press release, very tough to short such illiquidity.
Posted in Daily Stock Watchlist, Testimonials