This was sent to TIMalert subscribers at 11PM last night (the daily video watchlist of the 2 best stocks were sent to PennyStocking Silver Subscribers):
Investimonials added 160 Wall Street movies/shows…you should really watch a lot of them, some of my favs include Pi, Rogue Trader and Other People’s Money
Remember if you have any questions, please ask them on http://answers.www.timothysykes.com/…we have quite a nice set of Q&A going already, more detailed answers are in my instructional DVD packages which are meant to help you become better traders!
Thinkorswim Trading Account: $122,937, sold ZANE for small $200ish profit, now up $1200ish on AENY overnight short, this account is up 20% in 2010, up 141% in 2009 and up 890% in 28 months
Conservative SogoTrade Account: $151,505, no trades/no positions, account is up 31% since 11/11/09 start
Conservative Interactive Brokers Account: $179,607, no trades/positions, up 20% since 05/01/09 start
Aggressive Interactive Brokers Account: $61,005, no trades/positions, account is up 22% since 11/11/09 start
‘Twas a $1,600ish profit day ($500ish profit day for me) for the TIMalert subscribers listed below:
+$225 on AENY … too boring so I got out.
-Reaper
$900 on zane today
-RDiaz
+$90 IPCI on breakout @ $4.00 — thanks Team Sykes
-CS
-100 on IPCI what happened to the squeeze tim?
-BN
Washington Mutual Inc. (WAMUQ) I will NEVER trade because like so many other once-upon-a-time-blue-chips-whose-tickers-now-end-with-a-Q, this is a distressed play, full of hedge fund traders and people far smarter than me, trying to value the broken pieces and read into the effects industry of news and rumors…people mistakenly believe that because I so often make 10-30 cents/share that I am a scalper but they don’t realize I am for 50 cents/share-$1/share and just usually mess up somehow…I prefer manipulated and hyped up stocks because I am competing against people as ignorant as Jim van Meerten, not traders who work for George Soros….so go and scalp if you must, but NEVER expect me to trade these…it’s amazing to me how many of you want to switch to a gambling-based strategy when I have given you a strategy that has proven its ability to turn a few thousand into a few hundred thousand or even a few million within a few years…you might succeed, but have you ever seen me talk about a Q company in any of my DVDs? It’s about discipline, consistency and risk management kiddies, that is why I am still around while fliers like Cramer, MOJO, Trader Monthly and a thousand alleged gurus fold or underperform year in year out. Choose your side.
IntelliPharmaCeutics Intl Inc (USA) (IPCI) is for TIMalert subscribers only!
OccuLogix, Inc. (TEAR) had another morning spike, but like Thursday, Friday’s spike failed too and the stock based at 3.50…again…reminds me of ZANE, these stocks both have fading volume and can’t seem to hold their spikes after substantial runups…that opens the door to intraday cliff dives, potential short
Amarok Resources Inc. (AMOK) and Mesa Energy Holdings Inc. (MSEH) are for TIMalert subscribers only!.
Quality Distributon Inc. (QLTY) is for TIMalert subscribers only!
Zannett Inc. (ZANE) is for TIMalert subscribers only!
Americas Energy Company (AENY) I am still holding 10,000 share short and looking to add to my position as the chart and volume have flatlined leading me to believe an intraday cliff dive, ideally a morning panic for me to cover into is approaching either tomorrow or the next day…some call it too boring and got out, I would have gladly taken their shares from them for even if I am wrong and it does spike, the odds heavily favor a sharp drop over a sharp spike…I will always look to short into these fundamentally flawed promotional-mailer-hyped carcasses as long as I live for it is akin to betting against Madoff…a less successful version.
Posted in Daily Stock Watchlist