As I wrote about earlier last week in this “I Told You So” blog post, subscribers of my 4 newlsetters banked tens of thousands of dollars this past week on RAYSTREAM INC (RAYS) as my research post on RAYS from last Sunday predicted the 50%+ collapse from $2.50 down to $1/share all within 2 days.
Congrats to everyone who found shares to short on RAYS…now on Friday, another pump just went bust, all in less than an hour:
PennyStocking Framework Perfect #4-6
This comes just three days after I shorted 50,000 shares of Mistral Ventures Inc (MILV), which in my initial trade alert I specifically said:
Shorted 50k MILV at .131 at IB, just a small $6k position, but this pump & dump should drop 50% intraday this week or next, I’ll add if it goes higher, plenty available to short
Despite eventually being 100% dead on with my short, MILV didn’t tank immediately, actually threatening to breakout higher a few times, but over several days I refused to take quick losses or gains saying in various alerts to subscribers of my 4 newsletters:
MILV fading nicely, about to go red on the day, goal is to cover after a big crash, chart will eventually look EXACTLY like CRWV so really no point in covering at all…and yes there were 100,000 shares to short at IB BEFORE I shorted, you guys had 30 minutes…yesterday ‘s late day drop was the indicator to short, just like RAYS had an indicator many days before I shorted, gotta watch my video lessons/DVDs and learnnnn
MILV could be breaking out, I’m holding my “MASSIVE” $7k position, I’ll try to average up if it really breakouts, we know how this ends, finding shares to short you gotta be early and no I won’t box, I stink at that
MILV unable to breakout big, I continue holding short
MILV panicking, is this the end or just a fakeout? Either way I’m short 50k wohoooo poor man $
MILV morning spiked failed, now it could get interesting, c’mon morning panic, I’m still 50k short from .131
MILV about to go red on the day at .124, say good night, my goal is to cover under 10 cents/share, maybe even under 8 cents/share depending on how much panic there is
And eventually it did panic and I covered at 9.2 cent/share for a solid 30%+ gain on SUCH a small position:
$1,892profitMILVShort Stock SOLID $2k profit, SAME intraday pump & dump collapse like: http://tim.ly/ibUXmq
Posted by timothysykes /
http://profit.ly/1MmdGM
What’s my secret? Am I piggybacking some mysterious offshore trader who shorts millions of shares after my picks (as some on message boards have speculated….seriously?!?!?)
Nope, I’m just good at recognizing patterns and this one perfect penny stock pattern which I’ve written about freely hasn’t changed one bit in over 10 years…what’s more amazing is that after 4 years of teaching only a few dozen people have really taken the time to learn this pattern and profit from it.
Check out the emails from one trading challenge student who gets it, emailing me before the big drop about MILV’s headquarters being nothing more than a UPS Box:
As you note in all your video lessons that Vancouver is the capital of all pump and dumps, I decided to research MILV’s business address…Check out what Google Maps (street view) shows for the business address of MILV….It’s a UPS Store presumably a rented mailbox….LMFAO…WHAT A SCAM:
Once again, your MILV short is perfect timing….currenlty framework #4 which will be #5 very shortly….no pun intended!
Thanks, You taught me well….you are a great teacher and the TimChallenge has been invaluable for me. The most valuable part of the challenge is understanding the risk/reward of every trade (before you trade), applying the 7 step framework for trade setups, and cutting losses quickly!
Yes, many of the best pumps that crash 50% in a day only have virtual offices (CLRH, MILV, RAYS, WLOC to name a few…my personal profits exceed $50,000 short selling these jokes) and yes it’s my trading challenge students who are my best students and you can see many of them highlighted in this video:
And if you don’t want to study that hard, then there’s still hope for you.
I unveiled my 7 step framework for playing pumps like MILV and RAYS at my Vegas conference a few weeks ago and you can save 50% off when you pre-order HERE the mammoth 17-hour DVD of that conference and also receive the 350 page instruction manual and several free bonuses I described in this blog post.
Because that’s the thing; my $2k profits on MILV and nearly $5k profit on RAYS aren’t unique, they’re just
the latest to go into this blog post category of mine:
http://www.timothysykes.com/tag/penny-stock-pump-dumps/
…in which I’ve correctly predicted dozens of pump and dumps deaths BEFORE the collapses (NXTH, AENY, MSEH, KNKT, HHWW and ALZM come to mind right away) and that’s why I became a millionaire at age 22….and many of my trading challenge students are well on their way to becoming millionaires thanks to this PennyStocking Framework.
You can start to understand by reading posts like this and by watching Friday’s LiveStock on demand posted below where I push this point home or learn in a comprehensive fashion with my new PennyStocking Framework DVD at 50% off here, your choice…the pump and dumps are gonna keep happening, I’ll keep making $, usually 50%/year and sometimes not finding shares to short (like the other pump that dropped 50% this week LEXG which I’m proud to say some of my best students did find shares to short and they banked MORE than me aka I was right when I said in all my DVDs, yes, I’ve made millions, but I’m a far better teacher than trader)
Posted in Basics, LiveStock On Demand, PennyStocking Silver Reviews, Premium, Testimonials, Videos
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