CHATROOM

Timothy Sykes Scam?

February 8, 2010 at 8:00 am
by Timothy Sykes

Watch these 7 free video lessons on how I became a millionaire

..or Tim Sykes Scam or Timothy Sykes fraud or Tim Sykes fraud…I get lots of website traffic by people searching these keywords.

See Timothy Sykes Newsletter Reviews

It’s pathetic! How can I be a scam/fraud when I detail all my trades (most are telegraphed ahead of time in my premarket watchlists for TIMalert subscribers and PennyStocking Silver subscribers only), they are all verified by Covestor (where I am #1 out of 40,000 traders), blah blah, blah, I’m a friggin open book and anybody whose got anything bad to say can contact me and I’ll post our probable useless conversation.

The reasons why some people think this are:

1.) TimothySykesExposed.com: an abitious affiliate of mine (I was pissed when I first discovered him, but then lightened up when he became my #1 affiliate…go ahead and signup to his “free report before Tim’s lawyers shut him down” LOL

2.) I call traders and “gurus” out on being cowards/frauds for not showing their trades and track records…finance people are freaks/dinosaurs and they don’t understand the importance of transparency…they like to attack me just as I’ve attacked them…unfortunately, whenever anyone researches me for an extended period of time, they will inevitably come to the conclusion that I am 100% real…because I am…and my former #1 hater, Michael Goode, has become one of my top students, up over $120,000…see his initial blog post thinking I was a fraud.

3.) I’m not just into transparency for the fun of it, I’m al the #1 ranked trader out of 40,000 traders who share their verified trades on Covestor…very sad that I am the only newsletter writer on the leaderboard…did I mention yet that this industry is filled with frauds?

4.) my instructional DVD packages, 4 newsletters and TIMalerts are aimed at educating people on how to profit from the evil actions of stock promoters and other nefarious people who manipulate penny stocks…these people aren’t necessarily thrilled that I am teaching everyone so they try to discredit me.

5.) I distrust 99.9% of people online and I dislike 99% of them…most people in finance and on the internet are absolute wastes of my time and yours and they should be told that repeatedly until it sinks in…especially people who trade penny stocks and Direxion Daily Finan. Bear 3X Shs (FAZ) and Direxion Daily Finan. Bull 3X Shs (FAS). seriously, you can’t reward them, like training a dog, you must discipline so they knwo when they’re bad.

6.) I trade penny stocks= the finance world hates penny stocks for their volatility and manipulation (they forgot predictability, but that would require intelligence which most people in finance aren’t lucky enough to posses…as evidenced by our near economic meltdown based on debt and leverage). I hate the finance world for their ignorance, hypocrisy, narrow-mindedness, on and on and on…of course people are gonna put me down just as I do them…except I’m 100% transparent so I crush them like the little corrupt bugs that they are.

7.) I sell instructional DVD packages and even though they’re useful, that industry is despised even more than penny stocks, mostly due to scams like The Video Professor.

But hey, you can think whatever you want, I ain’t gonna change anytime soon and no matter what people say, I once turned $12k into $2 million and I’m on a good track again to do it, this time around detailing every step of the way…already up 800% in just 2 years, a feat previously thought to be impossible without using leverage and especially not possible for “random” penny stocks….it’s just palin stupid to ignore me, my lessons and my experience.

Posted in idiots, Transparency

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  • Yosako

    You got it wrong.
    Have you considered the possibility that, by looking for “timothy sykes scams” one may be looking for your “recipe” to spot when a stock is utter fraud?

  • http://www.timothysykes.com Anonymous

    nope never considered that, thanks!

  • http://www.slopeofhope.com Tim Knight

    Rock on fellow Tim!

  • SEC1

    This is what Tim is really all about.

    Front running is the illegal practice of executing orders on a security for its own account while taking advantage of advance knowledge of pending orders from its customers. When orders previously submitted by its customers will predictably affect the price of the security, purchasing first for its own account gives the broker an unfair advantage, since it can expect to close out its position at a profit based on the new price level. Front running may involve either buying (where the broker buys for their account, before filling customer buy orders that drive up the price) or selling (where the broker sells for its own account, before filling customer sell orders that drive down the price).

    Allegations of front running occasionally arise in stock and commodity exchanges, in scandals concerning floor brokers and exchange specialists.

  • Craig

    Yes I did not think you wanted to take me up on that one Tim, proves to me you are a fraud.

  • Mark

    Or maybe my post did not go through so let me repost. I called you a fraud because you attacked imgg for profit; this Company has a great product that will revolutionize the Medical industry. I am a Radiologist and have visited their Offices and saw the Dominion (and most recently some high res images) They refrain from doing much pr because they do not want to be accused of “pumping” investors have been on them relentlessly to put some pr out and they have responded as of late. Certainly you must know the difference between sharing news with investors and “pumping”

    So what do you think? is the Dominion the real thing or is this Company a fraud? If you are correct I will drink the “Timmy Koolaid” and become your #1 fan.

  • mark

    So do you have a pair or not Tim? you have 1 million people that share my belief that you bash stocks for profit. Take a stand, and answer the question. What is your position on imgg?

  • Jeff Naderson

    Actually, you are totally wrong and have no idea what front-running means. Go back and do some real research. Front-running is a market maker or specialist activity, moron.

    Go back and read your high school economics book again dumbass.

  • http://www.timothysykes.com Anonymous

    I could care less about IMGG now, jsut another pump…any penny stock that pays for exposure leaves many suckers behind…EMGE, GVBP, SPNG, HYHY, KYUS, UOMO, AMLM, AMNP…I could go on forever, but u jackals still think its about the product…u have no idea how penny stocks move, i wish i could teach u but u’re too stubborn

  • http://www.timothysykes.com Anonymous

    I could care less about IMGG now, jsut another pump…any penny stock that pays for exposure leaves many suckers behind…EMGE, GVBP, SPNG, HYHY, KYUS, UOMO, AMLM, AMNP…I could go on forever, but u jackals still think its about the product…u have no idea how penny stocks move, i wish i could teach u but u’re too stubborn

  • http://www.timothysykes.com Anonymous

    how am i front running? i get this from stock promoters trying to discredit me, unfortunately my biggest wins come on hard to borrow stocks where the vast majority of my subscribers dont find shares because they’re not prepared…EMGE, GVBP, IMGG, MDCE, SPNG…gotta learn the game to short these pumps, front running is a boring accusaton

  • SEC1

    What kind of reply is that? Front running has nothing to do with stock promoters or whatever. The fact is you use your money to short stocks at support and and resitance levels and superchargeyour gains with your clients money while charging them fees. Why dont you send the alert out and then short the stock?

  • http://www.timothysykes.com Anonymous

    SEC1, i telegraph my trades ahead of time in my dvds and in premarket watchlists….all anyone has to do is learn the patterns and technical support points and they can predict my trades…many of my best students are doing exactly that…Ps i dont have clients as i am not a financial manager, i have subscribers who pay me to know what i am trading so they can learn. i trade at specific times, i will not trade at other times to suit the needs of trolls like yourself…there is no supercharging my gains, my best students do better than me because they predict my trades

  • SEC1

    Whatever Tim. You might be able to fool people who actually have no clue how the market works. Ive been on the floor, I know the game. Ive got things to do. See ya!

  • Pat

    I admit to having searched timothy sykes scam and timothy sykes fraud just to see what I could come up with when I was thinking about buying your products

  • http://www.makemoneyontheinternet.com/ Chris Guthrie

    SEC1 if you’ve been on the floor then wtf are you doing here trash talking others? Shouldn’t you be out there playing the game you apparently know so well?

  • Anonymous

    DVD SALES MAN!! I SEE THESE GUYS ON INFOMERCIALS AT 4 AM ON TV

  • Chris

    Hey Tim…What do you think of YRCW???

  • http://www.timothysykes.com Anonymous

    i could care less, thats not my strategy

  • http://www.timothysykes.com Anonymous

    yup, i may be the only real DVD person in the world

  • http://www.timothysykes.com Anonymous

    craig how am i a fraud when i detail my entire strategy, i profit from my strategy, i detail my entire track record and now thousands of others are doing it too…u simply need to learn and stop wasting my time with irrelvant questions

  • Guest

    I think that another reason for it is that your site visually resembles sites that are known to be scams. To the average user who comes to your site, the first impression it screams is “scam”. You have ads and call to action buttons all over the place and poor attention to detail. Design plays a critical role on the internet in appealing credible. Even though you clearly don’t care about being “professional”, I would suggest getting a new design and development team in and work on creating a high quality presentation, it will ultimately help your image and credibility.

  • http://www.timothysykes.com Anonymous

    thanks but this has been refined over years, just gotta show people day in day out, my best students think i’m a scam at first :)

  • Steve

    If you are as good as you claim, why charge for your stuff? I mean, if you can make money from the market as you claim, why try so hard to extract it from the rest of us poor schmucks?

  • http://www.timothysykes.com Anonymous

    dont mistake my intelligence for charity…i charge $50/motnh to teach people how to make $1,000+, pretty good deal for both us, wouldnt u agree?

  • http://www.timothysykes.com Anonymous

    there is no edge in large caps, ask any CNBC viewer…its the gift and curse of my strategy, learn it or dont, but dont ever be so ignorant again

  • Tempaccount767

    I’d like to see you trade with 5000 bucks under the radar…turn it into something and THEN post what trades you performed. I’d bet my ass that the only reason you’re consistent is because you’re dumping too much money (yours + subscribers indirectly) into “small town” stocks not used to the volume and that alone creates trends ala Jim Cramer bounces.

    PS – I still laugh about your “ladies” blooper line from Wall Street Warriors.

  • http://www.timothysykes.com Anonymous

    i traded my way from 12k to $2+ million when nobody was watching, now i have a business teaching others…its the same patterns, using overly-simplistic flawed assumptions wont win u points with me, my biggest wins happen on stocks very hard to borrow a la NXTH AENY or liquid plays like PIP…i’m working on a whole post showing that these common assumptions about how i make my $ are deadwrong, get excited to read it

  • Guest

    Alright here’s another for you. When you started out where did you get your seed strategy from? I’ll continue betting my ass that you didn’t buy into any existing strategies because you inherently knew they are either BS or are beyond stale and beaten to death with cherry-picked charts by the time you ever hear about them. So now you’re on the other side of the table trying to offload your strategy and you can see why tons of people are skeptical.I’m a bit too lazy to fire up Hulu and rewatch the portion of WSW that I’m recalling, but didn’t you tell the one blond chick that your fund was capped at X million dollars? Weren’t you implying right there that your strategy does have its limits and that if say 50,000 people all of the sudden chose to try it they’d be screwed?

  • http://www.timothysykes.com Anonymous

    i’ve refined my strategy over 12 years, u should read my book and see how i came up with various lessons by trial and error http://www.timothysykes.com/book

    the strategy does have scalability issues but not for 50k people as every person will have a different profit angle, some people will prefer shorting vs. buying and all like different patterns…the issue comes into play when one person tries to use one pattern with $10 million…$10 million from all different profit angles is fine

  • Guest

    Thanks to the magic of ebooks , I speed read the first few chapters through your freshman year. Honestly to me it seems like you got lucky in a time where everyone was making money on the whole (citation: page 67 and page 71 you even say it was luck…you hit a combination of events that hasn’t happened since). I can easily see the few losses you had in the beginning stretching out into series of losses and completely wiping you out in today’s market. However, in the 90s there was always another life-raft to jump on. Surprisingly enough though you had a nearly identical set of experiences as I did for my beginnings, although I started long after the dot-com era. I do congratulate you for your gains and am not trying to suggest you were throwing darts at a board and happened to hit it every time, but even you have to admit that sometimes stocks simply do whatever they want no matter how much you try to analyze themI can tell you are still trying to do exactly what you did back then except nowadays it’s much harder. There’s been too many bubbles burst and con artists going to prison to even allow the mention of “online trust” to exist. Just look at how much heat you take on blogs and forums. Like you, I had to give up on my starting strategies. Albeit I’m not selling subscriptions and newsletters, but I’ve moved on from hitting refresh a thousand times a day and nervously panicking over tiny movements.I trade on hard numerical analysis now with consistent 8:1 trade wins: loses. Why bother spending hours pouring over information, when there’s a good chance most of the amateur traders who are actually in these stocks won’t care about a press release? At least numerical analysis is an emotionless way to put on paper people’s “feelings”, which is all a small-midcap stock depends on nowadays.

  • http://www.timothysykes.com Anonymous

    read more, strategy works long after the bubble…in reverse….when i learn short selling…winning 75% of the time for the last decade aint luck kid…and i’m not even a great trader

  • Felipec81

    Its funny how..-and this goes for the ones who have read the previous posts..- How, IMGG is down 87% since that post, anything to say about that? MarK

  • http://www.timothysykes.com Anonymous

    yah its being called dead on right, i was suspicious of IMGG always that why i shorted it constantly

  • Gabeharris

    Just listened to the audiobook and enjoyed it…first time to your website.

  • http://pulse.yahoo.com/_P5IVW46O5UJRDYSW5EO7QCRG3Y Stock_Green

    Do I hear: “Pump and dump”? Buy truck load of stock before sending Alert and then
    Exit while paying members entering position hopping for profit? Just not sure why charge people? If you can have extra 20-50k free members, low volume penny stocks can fly even higher, while profit can be quite significant. Do you have Free sign up option for your “newsletters”/”alerts”?
    Thanks.