I was going through old blog posts drafts that I never finished and found these few emails from TIMalert subscribers…might’ve used them before, might not of….here they are again just in case I didn’t:
Hi Tim,
I have read your messages on the boards. You seem to know what you are doing. However, there are probably thousands of people like myself, that see the benefit in trying to ride the wave of a hyped stock. Mainly because we are new to this, and still learning, and certain sites deliver at least a day of gains on a hyped stock consistently.
I for one only have a $1000 or so to play with. The simplicity of seeing it go up quickly, and the possibility of doubling it, and the compounding it, makes it a nice gamble, and a dream to think about. Sure, I would like to learn what you teach, but what chance do I have in your line of work when I dont have the money to play with?
Surely you could give advice on both ends, the short end, and the long end. For me, I wish I could see the warning signs of a stock that is about to tank. I bought Genova Biotherapeutics Inc. (GVBP), and it doubled, I checked before I went to work and it was still soaring. When I got to work 30 minutes later it was tanking. Luckily I sold, and broke even.
If you could gauge the estimated duration of a hyped stock, and help me and others to know when not to hold anymore, you would then have a pool of thousands, if not millions of shares under your wing I think.
Surely you buy into some of this easy money, and also make more money on the other end. Why not help us on both ends? I want to know when to sell, we all know a hyped stock is bullshit, but we all know that there is a good chance it will be going up, but a lot of us do not know when to get rid of it.
Thanks, Mike
Tim,
So far I’ve bought every DVD package you have out. Been working through them
over the last 6 weeks.
JUST finished TimFundamentals. LOVED IT! Especially the last 2 DVDs where you went through your watchlist creation. Probably the single most helpful 3 or 4 hours of stuff I’ve watched from you yet in terms of bringing home the concepts of what you’ve been teaching. Just wanted to give you a big THANKS for awesome products. I’ll also tell you too that I love that much of it is not edited out. You crack me up and it makes the learning more fun and interesting.
I’m on to my final DVD which is TimTactics, which is a review of the 2 seminars I signed up for, so I’m pumped about reviewing that material.
I’ll be all read up and ready for Vegas baby!
Also, I thought I’d throw this out in case it can help another student
or potential student. If I were suggesting what order to watch DVDs
in for a newbie pennystocker (or newbie trader for that matter),
here’s what I’d suggest after watching all of them back to back:
1. TimRaw – Great summary of your strategy, some basic concepts and a
good primer.
2. Pennystocking & Pennystocking Part Deux – The “meat” of
pennystocking, the charts and your strategy.
3. Shortstocking – Advanced pennystocking approach and “part 2″ of your method.
4. TimFundamentals – Freakin awesome DVDs to bring everything
together and give you some context to start putting together your own
watchlists and doing your own research of these potential plays.
5. TimTactics – Answers a lot of the questions that will come up as you start to gain some experience and gives you the confidence to take
advantage of some of these plays (basing this on what I remember from
the live seminars since I haven’t watched the DVDs yet).
Also, if you need/want another testimonial for your book, I threw up
my thoughts after reading it on the blog I plan on using as an online
diary for my trades following your strategy. You don’t have to link
to the site, you can grab the content and post it wherever on your
site. Here’s the post:
I was going to post this on the site under reviews, but couldn’t get
logged into the forum and the site was so slow I gave up.
Thanks again for all your hard work. I know you make money from the
stuff, but I appreciate your transparency and desire to help us learn.
You rock brother!
Ryan
Tim:
Need to pick your brain…I allowed myself to get caught in Maguire Properties Inc. (MPG) on a short at $1.91 and it reversed on me and went back up. A spike hit yesterday with news on a hedge fund buying 8% passive interest. This drove the stock up to $3.24 before it reversed.
When the stock started going up I should have took the 500+ loss and got out. But I reasoned due to its volitility it would swing back down to at least my short position. The following few days later I was $1,000 down, then the second week $2000 down, then Yesterday at one time over $4,000 plus. Today it has reversed and started down and presently I am $2100 down.
I knew better, take your loses early and get on with other trades. In this case I did not follow the rule and now taking a hit. The point is it is presently $2.65 and my short position is $1.91. Could you look at the chart and tell me where the jump off point should be from here.
It looks like not only am I going to lose some of my nest money because I broke the rule, but I have missed out on a lot of profits that could have been easily achieved over the past two weeks. Please post this, so it can be a lesson to others not to break the rule.
Carl
Southern Born and Southern bred
Hey Tim, I just finished watching TimFundamentals again. I’m gonna watch Penny Stocking part Deux again next. They are great for going back to for reference. Since I started trading your strategy, I am up 28.6%. This past week I failed to stay true to the rules of trading (mainly a tight stop loss) and I paid for it. But going back and re-evaluating the dvds puts me back in the right mindset. Looking forward to fundamentals part deux. I’ve got a CFA exam coming up in like 43 days and I haven’t been able to devote as much time to potential stock play research and I’m looking forward to devoting more time to honing my trading skills.
Interesting side note, I’ve been pre-borrowing shs of NXT Nutritionals Holdings (NXTH) each day this week just in case, today my broker called me to say that the shs I had pre-borrowed for today were no longer available as the lender had backed out. I’ve never seen that before and wonder if it is a sign of impending doom for the price. Anyway, love all the dvds, love TimAlerts, pumped for the new website. Take care buddy.
Brad
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