Now that I have 4 newsletters and 10 instructional DVD packages (all created due to what readers’ have asked for…remember my whole publishing biz started with my book An American Hedge Fund which led to this blog to promote the book which led to the original PennyStocking DVD package outlining my strategy which led to my other instructional DVD packages detailing more of my proven strategy and TIMalerts real-time trade alerts which led to all my new plans for people wanting even more info), I often get asked how to create an online business and grow the sucker and to answer that question you should watch this hourlong video interview I did with Andrew Warner of Mixergy.com (a great website full of interesting interviews every internet entrepreneur should bookmark and check repeatedly)
But as for how did I get 1,500+ TIMalert subscribers within 2 years when most sites with my traffic and other traders have difficulty getting more than a few hundred customers?
Well, getting reviews from thousands of happy customers of my DVDs like these and reviews of TIMalerts like these 30 or so reviews helps, being ranked #1 out of 45,000+ traders on Covestor helps, starring in a hit TV show helps, having turned $12k into millions before helps, having turned $12k into $120k in the past 2 years and detailing every trade helps, but as you can see from the conversation below–what really does it for me is that I have nothing to hide and I look forward to taking on all accusations and accusers since I know what I do is 100% transparent, real, useful, proven, replicable, teachable and my services are so cheaply priced that it’s physically impossible to discredit me.
So check out this conversation I had with an annoying TIMalert subscriber whose screen name is “curtly” and know that yes, he did upgrade to become a PennyStocking Silver subscriber because while he may disagree with me and even hate me, his profits from my TIMalerts and strategy are too much to ignore and the added tools included with the PennyStocking Silver plan made it a given.
Also note that the stock we’re arguing over, Acme Packet Inc. (APKT) has now surged to $17.35 25% higher than my initial entry at $13.97 back on February 3rd…proving my reasoning, even if my entry was a few days too early before the ultimate monthlong breakout:
Most newsletter writers/financial commentator say to ignore individuals and focus on large amounts of readers…and that is good business…but that’s not my business because I believe if you’re not willing to teach each person individually you don’t deserve to teach hundreds or thousands or tens of thousands of people. And no I’m not proud of some of my response, but I’m also not gonna hide my annoyance because I am 100% real and this is how I teach: PASSIONATELY)
In response to this trade where I lost under 4%:
TIMalert: bought 3500 APKT at 13.95ish on the intraday breakout, strong earnings, could run to 15ish today or tomorrow, strong support at 13.80ish, low risk, medium reward play
TIMalert: out of APKT at 13.60, cant risk late day collapse, had to cut losses short, sucks but i waited too long anyway, technical support violated at 13.60
curtly – February 3rd, 2010 at 4:52 pm LMFAO, that was a terrible trade…you gonna buy the other 500 stocks that are threatening to breakout too?
curtly – February 3rd, 2010 at 4:53 pm and losses should have been cut when it convincingly broke 13.80
curtly – February 3rd, 2010 at 5:00 pm buying before a breakout is a much poorer risk/reward trade than shorting PEIX on a spike, considering it has held ANY spikes in the past 2 weeks
curtly – February 3rd, 2010 at 5:05 pm its a shame your Covestor subs cant post their losses on here
curtly – February 3rd, 2010 at 5:46 pm up 30% before the buy… people, go back and read some of Tim’s answers to posts where he says “i wont buy when its up that much on the day”…, or perhaps watch his DVD’s where he consistently talks about fakeouts, and to wait for a confirmed breakout/breakdown before entering the trade… both two excellent pieces of advice. What a jackal you are Tim.
curtly – February 3rd, 2010 at 5:54 pm my advice, stop blaming Tim for this horrific trade… Everyone with half a brain could see to be very careful here… Yes, I know, I said the same thing with CDII too, as well as IDN, where people lost a packet. Go back and check the posts.
timothysykes – February 3rd, 2010 at 5:57 pm curtly, I WILL ALWAYS BUY AFTERNOON EARNINGS BREAKOUTS…yes watch my DVDs, this was a confirmed breakout that had solid support just below…GREAT risk/reward…i regret that the breakout ultimately failed but it was the EXACT same pattern I bought DDRX on a few months back, afternoon breakout past the morning…had it gotten to 14.10-14.25, it might’ve run, instead it failed, deal with it, welcome to trading…i should’ve cut my losses quicker, thats my only mistake
timothysykes – February 3rd, 2010 at 5:58 pm and who cares if a stock is up 30%, the thing gapped up 20%, it had hardly run in the afternoon with blowout earnings…curtly, i know you’re out to get me, but stop with your BS
timothysykes – February 3rd, 2010 at 5:59 pm and curtly, no idea why u’re bringing up CDII and IDN–CDII i got squeezed by lionmaster but was proven dead on a few days later and i absolutely nailed IDN, nice try doofus
curtly – February 3rd, 2010 at 6:02 pm p.s. +2,200 short on PEIX spike from BS article (the stock I have been watching all day every day for 2 weeks). Called my short in chat before the stock moved. Got dogged by Reaper and Tim. Hmmm, seemed to remember calling my buy on ISSI in the mid 5’s the other day in chat too. You might wonder about the trades that didnt go so well??? Nope, no other trades, other than a small speculative position in a couple sub penny stocks. You dont need Covestor to be transparent when you let people know your trades before the stock moves.
curtly – February 3rd, 2010 at 6:04 pm LMFAO x 10,000… You keep citing your DDRX trade like its the only good one you’ve made. Everyone knows your buy calls are few and far between Tim.
timothysykes – February 3rd, 2010 at 6:04 pm good job curtly, its good to have profits, shorting PEIX into news isnt my strategy and i will ALWAYS point out that the risk/reward sucks since u wouldnt have been able to get out had the late day news spiked…i dont care about your wins, the key is managing risk (especially when your subscribers cant get out fast)…i teach coward trading here and thats why my subscribers stay afloat and profit…you’re some bitter twisted goon sent to mess with me, thanks for making this even more fun
timothysykes – February 3rd, 2010 at 6:06 pm yes curtly, I’ll reference DDRX time and again when its the EXACT same earnings breakout pattern that u say is not good to buy…DDRX was up 30%+ that day too and it kept running. this was a good setup, just had to cut my losses quicker
curtly – February 3rd, 2010 at 6:06 pm CNLG, BGP, PEIX etc etc.. all better risk/reward shorts, in my opinion. p.s. I’m not out to get you Tim, just uncovering some home truths to the new folks.
curtly – February 3rd, 2010 at 6:07 pm I shorted after the news came out, which wasnt even news but a BS article, and it failed to breakout you moron.
timothysykes – February 3rd, 2010 at 6:07 pm the only holes are in your head dude…same setup as DDRX that time it worked wonder, this time it didnt…still a great pattern to trade so when u say dumb shit like “LMFAO, that was a terrible trade…you gonna buy the other 500 stocks that are threatening to breakout too?” yes, u are dead wrong
timothysykes – February 3rd, 2010 at 6:08 pm curtly, the article pointed to potential positive news later in the day, i dont short when theres that risk, stop wasting my time you illiterate SOB
curtly – February 3rd, 2010 at 6:09 pm I am your student Tim, I have learnt to trade like a coward too… Isn’t your aim to teach people how to trade better than you, cause “your not that good of a trader”???
curtly – February 3rd, 2010 at 6:10 pm eilliterate? hardly Timothy. Dont think I would have got a MBS (Finance & Accounting) and CPA if I was.
timothysykes – February 3rd, 2010 at 6:12 pm curtly, not that great a trader, but when u have a pattern that is the SAME as one that worked like a charm in the past, u take it….FYI degrees mean shit, dont even get me started…PEIX couldve had positive news, not gonna risk it for a little scalp…glad your scalp worked out
curtly – February 3rd, 2010 at 6:12 pm nor ran/sold/profited from my own business for that matter… I’m just calling things as I see them.
curtly – February 3rd, 2010 at 6:13 pm so you were willing to risk a 7% profit (yes, @ $15, that would have been 7%), where I was looking for and made a 10% profit
timothysykes – February 3rd, 2010 at 6:15 pm i dont care about the % profit, i aim for 50 cents-$1/share…the odds were good…shoulda cut losses between 15-25 cents/share instead of 40 cents/share, thats my only mistake…great risk/reward, great odds, great trade minus my exit….understand?
Ps i could care less about % profit, when u aim for 20 cents/share with the risk of losing 30-50 cents/share with any news, its POOR risk/reward, ahhh we’re learning now arent we young i-have-a-lot-of-degrees-that-are-useless-for-trading
curtly – February 3rd, 2010 at 6:18 pm young, older than you idiot. And dont need income from trading.
curtly – February 3rd, 2010 at 6:19 pm and didnt need my degrees to make my wealth either
curtly – February 3rd, 2010 at 6:21 pm p.s. your not the only lucky SOB who made money in 1999. Stop acting like your god’s gift… Yes, your strategy is excellent, your teaching is good, and your an asshole.
But your strategy sure isnt the only strategy the works.
timothysykes – February 3rd, 2010 at 6:42 pm curtly, you’re younger in terms of trading maturity…u said my entry on APKT was “terrible”, i just proved you wrong. my strategy is not the only one that works but dont ever try to make up BS about my trades. apology accepted, now let me build out www.timothysykes.com tonight in peace, gonna pull an all nighter to try to make this thing work smoothly
timothysykes – February 3rd, 2010 at 6:43 pm PS I don’t mind if u think i’m an asshole as long as u learn my strategy, i am your drill sargeant, watch “an officer and a gentleman”
curtly – February 3rd, 2010 at 7:29 pm Tim, you are not anything to me. You are nothing more than a supplier of a service, and I am a customer. You guys need to wise up. Its not $, %, account balances that matter. What matters is his attitude. Everyone else is wrong, and when he is wrong, he is still right. READ his many posts, and then tell me many of his actions are not consistent/contradictory. Tim, if you were truely transparent, you would publish statistics about your subscriber retention rate. Oh, and exclude me from your statistics as I cannot get a refund on my annual subscription, which I wouldnt have wanted had you not fucked us all in the ass like a typical good little Jew does.
timothysykes – February 3rd, 2010 at 7:51 pm Curtly, my customer retention rate–its about 85%…and i do publish blog posts all the time why the latest members have canceled, but your bias blinds you from those posts.
when u call my APKT trade a “horrific trade” you don’t deserve anything but attitude…i spend my entire days researching and plotting for good trades and when i execute one, i think its good and you’re damn right that it is well-researched. it didnt work out this time, but dont you dare compare it to the 500 other random breakouts.
TIMalerts is the EXACT same thing for which you signed up for and if you want an addon, you can get rebated your entire TIMalerts subscription…not sure how to make it any fairer than that. you should not be attacking me, you should be attacking the frauds out there…given people like you’s attitude, no wonder why so many frauds could care less about the people they screw over…the good news is that despite your nastiness, i’ll continue to be honest, transparent and real, whether you appreciate it or not
timothysykes – February 3rd, 2010 at 8:00 pm anybody is free to disagree with my strategy but calling APKT as not part of my strategy is absurd
curtly – February 3rd, 2010 at 8:28 pm I am not disagreeing with Tim’s strategy AT ALL. His strategy, for 50th time, is EXCELLENT. I do disagree with this particular trade, his unwillingness to admit it wasnt a great trade, and his crticism of the trade that EASILY made me $2,200 today, a 20c gain, without me even breaking a sweat through fear. I have shared many, in fact almost all of my latest trades, through Reapers old chatroom and now this one… I shared my trades realtime when i banged 90% out of NexMed, Inc. (NEXM), my entry into Integrated Silicon Solution, Inc. (ISSI) in mid 5’s, my easy 10% short of Atlas Pipeline Holdings, L.P. (AHD), and my several trades of Pacific Ethanol Inc (PEIX)… Oh, and I forgot to mention my call on Zagg Inc. (ZAGG) 3 days ago well before it moved. Have also had a couple go against me, but cut losses quick, and my gains FAR outweighed my losses. I dont trade much, prob one a day on average. I’m not in Covestor, a/ because I use IB and do not have the energy or time to update shit manually, and b/ its pretty transparent when you advise of an entry, before the stock moves…. when the trade is said and done, you either look good, or look like an idiot.
curtly – February 3rd, 2010 at 8:39 pm Tim, when you say you bought on the breakout, what exactly do you mean, and when was this b/o confirmed to you? Also, I am interested to know how much higher do you think a $14 stock could have gone already up 30%….The majority of charts i have been looking at lately show stocks struggling to hold there mid day highs into the close… They either dip, consolidate then ramp, or they just dip into close.
Answer these questions and i will drop the subject.
curtly – February 3rd, 2010 at 8:43 pm i rarely use this forum anymore (other than to argue with idiots – just finished reading Glenn Beck’s book), and it seems a lot of other people do not either… I’m not professing I am any good, and it wouldnt give my ego a boost for the world to see my trades. You will have to either access chat, or ask those in chat if for whatever reason you dont believe me.
curtly – February 3rd, 2010 at 8:46 pm re: retention rates. thats pretty impressive. keep posting the results (maybe some real transparency here too). Its not my bias keeping me from reading those posts, rather I find it tedious reading so many blogs in a day.
timothysykes – February 3rd, 2010 at 8:48 pm curtly, wasn’t a great setup, it was a RELIABLE setup…breakout above 13.95, 14 was the biggie but i figured it’d run to 14.10-14.20 after breakout past 14…then retrace to test 14, hold, hang around the low 14s, possible close at 14.25 or higher…morning spike/gap to 14.75-15.50, then out
SAME exact afternoon breakout as the DDRX earnings breakout i bought when the stock was up 100%+ on earnings. now thank you for wasting my time as i try to build an infinitely useful site by making me repeat my alert, old blog posts and dvd lessons in detail…next time u have a question, do your research first…i have no problem answering questions, but people who talk trash about my subscription services after they have made many many many times their investment, well there’s a word for you and you sir are an ingrate. you’re lucky i’m such a nice guy to tolerate your junk
curtly – February 3rd, 2010 at 8:50 pm re re: retention rates, I wonder if the stats would be different if you allowed unsatisfied customers to cancel and receive a refund.
timothysykes – February 3rd, 2010 at 8:55 pm curtly, how much are you up trading my strategy? if its over $500 STFU and don’t worry about my business, worry about how it has and will continue to make you $
timothysykes – February 3rd, 2010 at 8:57 pm and curtly, if you want the IM alerts so badly, u can upgrade to PennyStocking Silver nd get your entire current TIMalerts subscrption rebated, and no matter what u paid whether it was a special 197 or 223.50 or 297, we value it at $350…which is more than fair
curtly – February 3rd, 2010 at 8:57 pm holy shit Tim, there are A LOT of assumptions in what you say there. Like you teach in your DVD’s, Do not anticpate breakouts. YOUR ASSUMPTIONS/OPINIONS ABOUT WHAT MIGHT/SHOULD HAPPEN WITH THE STOCK DONT MEAN SHIT (as you quite rightly tell us).
Now admit that you are wrong and be done with it.
timothysykes – February 3rd, 2010 at 8:58 pm and just because u’ve pissed me off, understand that not one other person has EVER wanted to refund their annual subscription, which just goes to show you how messed up in the head you are, especially given the size of the gains my picks and strategy have made
timothysykes – February 3rd, 2010 at 8:59 pm curtly, you asked for what i thought would happen, i gave it to you…not asusmptions, its a framework based on previous trades with the same pattern. what i am wrong about is bothering to respond to a fucken nutcase like u
timothysykes – February 3rd, 2010 at 9:01 pm Ps in case your whacked out head can’t remember, u wrote “Also, I am interested to know how much higher do you think a $14 stock could have gone already up 30%….”
i just laid out EXACTLY what i thought would happen and i get even more junk from u…
PS how much $ has my strategy made u, i’m guessing $10k+ you little ingrate
timothysykes – February 3rd, 2010 at 9:06 pm oh wait, my interns have been keeping track of subscriber reported gains, we show you up $6500…if you are truly up $6500 and are still bitching me out, you could be the biggest ingrate in the world and i’m gonna have sooooo much fun labeling you as “biggest ingrate in the world” or BIIITW” (pronounced BIT-WHA)
curtly – February 3rd, 2010 at 9:06 pm and then some Tim… not so much from your strategy per se, but from your lessons/teachings on charts, cutting losses, waiting for confirmed breakouts etc..
curtly – February 3rd, 2010 at 9:08 pm Tim, your interns arent doing a very good job. I seem to remember reporting being up significantly more than that, in one week alone… and yes, the trades i executed to make those gains were advised in chat, real time.
timothysykes – February 3rd, 2010 at 9:09 pm i could be reading it wrong, maybe just december alone…u tell me how much u’re up on my strategy, would love to know…learn from my transparency
curtly – February 3rd, 2010 at 9:09 pm You can label me however you want. Fact is, as I have previously mentioned, the extra $$$ doesnt mean anything to me. Principle baby, principle.
timothysykes – February 3rd, 2010 at 9:10 pm and yes, this was an afternoon earnings-based breakout, one of the best around…as i’ve repeated several times now (so much so that even the few illiterate subscribers say they understand now) i shouldve cut losses quicker
timothysykes – February 3rd, 2010 at 9:11 pm the principle is i’ve offered u a rebate for your TIMalerts subscription should u want to upgrade and get the IM alerts you want….u have declined…so u get the same TIMalerts service u signed up for. now please do tell me your gains, i’m curious now
curtly – February 3rd, 2010 at 9:12 pm Damn, i wrote a big ass post thanking you recently and you dont even bother to read it
timothysykes – February 3rd, 2010 at 9:12 pm i want everyone to know that the biggest ingrate in the world is wasting my time…because i respond to every customer and because even though i think curtly is the biggest prick and ingrate i’ve ever had the misfortune of dealing with, i will teach him that APKT was a pretty good breakout buy
timothysykes – February 3rd, 2010 at 9:13 pm i dont know your posts you moron, i get 500ish emails/day, u wanna thank me, stop wasting my time with your dumbass questions
curtly – February 3rd, 2010 at 9:18 pm http://timalerts.com/2010/01/14/shorted-5000-idn-at-368/
curtly – February 3rd, 2010 at 9:20 pm and yes, again, the majority of those gains were made while in Reapers chatroom and yes, disclosed my positions in real time. Now your lazy interns can do the math on the rest of it.
timothysykes – February 3rd, 2010 at 9:22 pm a.) congrats on making $20k
b.) thats not a long post thanking me, i get 5-10 pagers from some people
c.) done talking with u, take the alerts as is or upgrade with rebate for your original payment of only 223.50 meaning if u do upgrade, i’m basically crediting u an extra $126.50 so u can have the entire PennyStocking Silver annual plan for just 447. offer stands to u and anyone, now quit your bitching, and go to confession for wasting my time with your worthless ass
curtly – February 3rd, 2010 at 9:28 pm and it so happens that those gains are from trades you would classify as “poor risk/reward”. Might lose my shirt on such trades in the future, might not. Who knows. But the limited risk by cutting loses is well worth the reward. re your offer, I also got one year text alerts (international) which is also redundant now with IM… I suppose your not gonna include that in the rebated amount? LOL.
timothysykes – February 3rd, 2010 at 9:30 pm of course we’ll give u a rebate on your text alerts so your new bill is down to $347, u just don’t get it, we’re the fairest game in town, which is also why we’ve quickly become one of the largest
timothysykes – February 3rd, 2010 at 9:51 pm i love doing this, i’ll show anyone and everone why i am the most transparent and honest motherfucker around!
curtly – February 4th, 2010 at 12:54 am Sorry i couldnt reply sooner, needed my beauty sleep. be the ball, can you actually play golf? From the look of your photo, you must take it up the ass of other Mr Sophisticate club pros
curtly – February 4th, 2010 at 12:56 am oh, and please all you nay sayers, tell me where I am wrong. Would love to hear from a bunch of Timothy Sykes monkeys.
curtly – February 4th, 2010 at 1:15 am that would be fine if didnt offend his own race, and didnt offend the Chinese (yes, he called Lionmaster a few names). ferrari, you are missing my point… Yes, Tim’s strategy is great, his lessons are good, his alerts are good… But when he criticizes everyone else’s trades (he criticised my CRDC short a while ago, also a couple of PEIX trades of mine – both profitable) and cant crticise his own, there seems to be a disconnect. He is that arrogant to think that ONLY he knows correct entry points, good risk/reward plays or how to trade POS penny stocks.
timothysykes – February 4th, 2010 at 8:12 am curtly, i criticize other people’s trades according to the rules of MY strategy…u forget my sole purpose on this earth is to teach MY strategy….i cant comment on how other people’s strategies work as i only have experience with MY strategy. i am full well capable of criticizing my screw ups, as i do quite often, but this was not one of them…i patiently waited and am giving u such shit because u seem to think my buy doesnt fit with MY strategy…i am educating you and making u less stupid. and because u refuse to acknowledge my points, i’m treating u like the ass that you are, now go run along dick
Posted in Blogging, Fess Up Time