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Michael Goode aka Reaper is not only one of the most popular/top-rated bloggers on Investimonials, the moderator of new and improved the TIMalert subscribers-only chatroom, he also once wrote a post called Timothy Sykes Is Full Of BullShip, he later admitted his mistake and became a TIMalerts LifeTime Subscriber, he became one of my top earning affiliates, has earned $130,000+ in the past 2 years trading strategies detailed in PennyStocking Part Deux and TIMfundamentals Part Deux, but most importantly, his earnings chart looks like this:
Yup, as I show in my 10 instructional DVDs, one of the best parts about my strategy is that the drawdowns are very slim…mostly because rule #1 is to cut losses quickly if you’re wrong! And no we don’t play scalper plays like Washington Mutual, Inc. (WAMUQ) and Sirius XM Radio Inc. (SIRI)
I just happened to glance at one of Reaper‘s recent posts and found it funny/useful enough to copy the Q&A below..Reaper, I have a question for you, are you drunk or just getting more confident now that you’re getting steadily richer?
1. Why did you choose SogoElite rather than Sogotrade? (I don’t actually answer this; rather, I berate the questioner for not looking up the obvious differences between the two. Actually, there is one important difference that is not obvious: SogoElite allows for shorting stocks under $3, while Sogotrade does not.)
2. What kind of returns (percentage-wise) can a trader expect to make trading like me or Tim Sykes?
3. Do you have a Stockfetcher scan for the potential pumps you buy? Answer: No.
4. What does the decreasing volume in pump & dump AENY mean? Does that mean it will go lower?
1. What do you mean by ‘fluffy’ news?
2. Isn’t fading volume correlated with positive price action on ‘real’ stocks that have run up a bunch? Answer: I really have no clue; because of this I do not address it in the video. I am not convinced that fading volume is necessarily a sign that a stock will do anything, unless it is a true pump & dump.