12 Stocks That Aren’t Worth My Time Or Yours
Posted by Timothy Sykes on Fri 1st of Aug, 2008 09:27:55 AM
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Nothing really great today, means I’ll just be answering lots of dumb dumb questions on LiveStock today (watch it HERE 1-2PM today!), deal with it, the key to my 90% return over the past few months is NOT FORCING TRADES WHEN THEY AREN’T THERE!
TMR is pathetic, do not buy this stock until it proves it’s not pathetic anymore, only if it breaks $3.30…just pathetic, somebody should slap the CEO…hard
ALUS had a nice morning tank of 15-20%, then rebounded squeezing stupid shorts who didn’t take profits quickly…but people who short stocks down that much so quickly in the morning don’t deserve money cuz they don’t understand shorting…may I suggest my PennyStocking DVD as a remedy
QBIK is trying to breakout, good luck with that, it’s got a ways to go
MNKD had a nice continuation of its breakout, shoulda woulda coulda, yes, it might drop back a bit, but no, I’m not shorting, I don’t short stocks that have just had multi-month breakouts
MITI was down big again, always always always short vertical stocks on the first down day, amazing how well this works, now its retraced so its dead to me
CTGI is a positive drug news mover, forget about shorting very quickly, maybe if it spikes again for 1-2 more days
STAA is rebounding cuz they have a cool product—basically a halfway version of laser eye surgery in the form of surgically implanted contact lenses—and have been reducing losses…watch it especially Tuesday morning when they present at a conference
WEL is a breakout play just above $2.50, maybe it’ll keep going, past performance doesn’t indicate it, too slow for me, know yourself and your patience and risk levels…also still gotta break $3 to be a true multi-year breakout….also every prior spike has been a good shorting opportunity—I saw one of this company’s presentations a while back, true scum of the earth
DAVE is a real company that is down a lot over the past few years and reported good earnings…some morons are shorting this, thinking they can dissect the earnings report and see there’s nothing there…FYI nobody cares what you think your little brain thinks, nobody cares what my little brain thinks, focus on price action people, otherwise you’ll just lose
BIOS is another earnings mover that’s down a lot over the past few months, respect earnings reversals
OFI breakout continues, remember—Driving Miss Daiy might be a slow movie, but its hugely uplifting, just like this stock, have fun patient people, I prefer movies like The Dark Knight
USS rebounded a bit, but not enough to make me mention ever again (until its more volatile)
Now you can Twitter any questions/comments to TIMhelp and obviously you can follow TIM on twitter too!
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TIM Alerts
View All| Date | Stock | Position | Ideal Exit | % Gain |
|---|---|---|---|---|
| Nov 24 | KVHI | Short | $3.70 | 18% |
| Nov 20 | STSX | Short | $3.10 | 11% |
| Nov 18 | PERY | Short | $3.75 | 25% |
| Nov 11 | IIJI | Short | $2.80 | 5% |
| Nov 6 | CVI | Short | $4 | 15% |
| Nov 5 | MECA | Short | $1.95 | 51% |
| Nov 4 | CVI | Short | $4.81 | 4% |
| Nov 3 | NAK | Short | $3.20 | 5% |
| Oct 29 | EVC | Short | $2 | 26% |
| Oct 28 | HSNI | Short | $6.80 | 7% |
| Oct 28 | HSNI | Short | $5.75 | 4% |
November: 9 alerts, 15% avg gain
October: 11 alerts, 14% avg gain
zzzzzzzzzzzz can everyone see this post or did i screw it up somehow?
i can see it
i can
Yeah DAVE is a darn good BBQ restaurant. Don’t pay attention to their stock but I don’t know how much they’re going to be manipulating their values like most of the scum in micro-caps.
TIM, why do you play with my emotions man??? You know how fragile a college kids budget is! plus, the other guy over bid! i felt the DVD in my hands and you snatched it away. haha
me too
sorry motley, i thought u were the winner, the other guy just guessed closer…dont worry there’ll be more contests and if not, work damn you, work, mow a few lawns!
awww. that sucks man.
guess, i’ll just have to wait a bit longer to start trading. Practice makes perfect right? Hello paper money
Famous Daves is a hell of a BBQ joint, makes me hungry just thinking about it. Is 8 in the morning too early to eat BBQ?
It is NEVER too early to eat BBQ!!
WTF is OIL up near $4 and the market down. WHYYYY? Obama isn’t even president yet, not officially anyways, so why should his opinion on oil taxes spike oil. McCain is a fucking moron. Last week he said President Putin of Germany. LMAO. He’s in the new mummy movie that was released today.
We got another company that reported $15.5 billion in losses for the quarter. 5.7% unemployment rate. Cali terminated 22K jobs and sent thousands more back to minimum wage. Economy is doing dandy don’t believe this type of news. 15K DOW by end of year.
If Soros or Simons is out there. Take my 10K DOW and 150 OIL prediction to make $30 billion for your hedge fund.
There is no such thing as a market guru in Wall St. Just a bunch of posers playing pin the tail on the donkey guessing games. The idiots on CNBC make a prediction then flip when it goes on them after one day. When oil was at $120 yesterday nothing but oil bears talking about $78 oil because of demand destruction. The very next day on the $5 spike oil should retest highs. Fatboy Gartman is one of those clowns you always see on CNBC with his worthless opinion.
NXXI is trying to make a move thru typical mid .50s resistance on recent news of more deals with big retailers this AM, plus it got a pump from Agora’s Penny Fortunes last night. Volume is on the heavy side. If it gets up into upper .50s to.60s, might be worth watching for possible short position back down into mid .40s? I just can’t see this snake oil sales outfit staying up for very long. What do you think about this one Timmy?
Hey Chicken Little…oops i mean TommyTim, chillax man. Oil is gunna do what its gunna do. I think you need to take your Oil talk banter to the cnbc or msn forums. This is a micro-craps, pump and dump exploiting, short selling, penny stocking blog. If you want to start some kind of debate there’s plenty of other places to go. Shoot you can even start your own blog and just give a simple link and save all of us the time of reading into of your comments just enough to figure out you’re just saying the same thing again and deciding to skip past it.
Oh by the way I do agree Gartman is a fat fucking tard. I will also laugh for a really really long time if Obama and the democrats find a way to fuck things up again and lose the election. McCain isn’t perfect but I’d rather vote for him then any tax raising democrat.
Hey what do you think about PLAB… its been great to short today and if it breaks down the $4 barrier i think it’ll freefall.
RAMR on the roll
I’m scratching my balls wondering why oil is up $3. The official reason now is because stocks are down on unemployment news so people are jumping into oil as a hedge. Wouldn’t the opposite be true as demand destruction takes it course. Homeless people don’t fill up cars.
Yesterday market was down over 200 on bad GDP numbers so why wasn’t oil up yesterday too.
Rick Santelli is a whining bastard. He spun todays numbers and yesterdays as good news for the economy. What an asshole.
new post:
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Check out the historical chart of STAA, I can see 4 W patterns on it, and possibly the 5th one on its way. The characteristic of the pattern on this stock is that the opening leg of the W (left leg) is higher than the closing leg. I will keep that on mind for potential trades in the future.