More Evidence Of PennyStocking’s Popularity…

Posted by Timothy Sykes on Mon 25th of Aug, 2008 04:21:33 PM

Perfect perfect PennyStocking short today on MITI, just short vertical charts like that when they first goes red, beware of fakeouts…7ish to 6.50, $7.50 to $6.50 if you were aggressive…I was on a train to Mt. Fuji…sucks…but that’s the risk you take when traveling. Good thing dozens of PennyStocking DVD students and TIMalert subscribers–I’m telling you, you learn the variables/setups, you won’t even need me eventually and that’s great cuz your profits–which you better brag about to everyone–are my best marketing tool…

No matter that there are thousands upon thousands of investors/traders on Covestor, this joke of an industry’s first transparent rankings platform, in THIS post I wrote about how PennyStockers have begun dominating the performance rankings on Covestor…now it’s time we look at how Pennystockers have begun to dominate the popularity rankings on Covestor too!

Count em, 6 out of the top 15 most recently followed (see rankings HERE) are PennyStockers who practice the specific or some variant of the strategies I detail in my PennyStocking DVD.

I’m #1 (see my profile HERE)–not much risk of me losing that anytime soon, not with my strategy/site traffic/mouth/story/dedication–then we’ve got:

YakTipper at #4

Yngvai in a fight to hold onto #7

PCola at #9

Good ole Tony Ellis at #14

And Michael Gooooooooode clocking in at #15

Guys keep up the great work and you’ll just keep getitng more followers…I suggest everybody else check these guys out too as we all have different strengths and weaknesses so as long as we keep sharing openly, there’s much to be learned from everyone.

Check out my brand new DVD, ShortStocking - the only guide you'll ever need to profit from short selling!

11 Responses

  1. 1

    Awesome Post! Tim your genius!

  2. I’d be a lot higher up if I traded in my TOS more. Same with my ranking … my gains today in MITI and ENAB were at IB, which is not followed by Covestor.

  3. As stated in a prior post today.

    “Sold 500 MITI @ 7.12. Covered @ 6.55 for a quick $0.57 or 8% profit. Netted $270 in total profits after commissions.”

    After recovering from a dismal performance last month, I have come back strong in August, currently I am up 32% on the month and I am also up 14% total since starting pennystocking three months ago.

    Come next month, Covestor should be adding me back to the rankings where I was previously ranked #10. Apparently I was removed a few weeks ago because Covestor decided my account was too new to be part of the Rankings section.

    You can track me here though:

    http://www.covestor.com/mbr/adamn

  4. Removing new accounts is a good thing cuz it removes the beginers luck noise. Just my opinion.

  5. how many cents do you use when you put in a trailing stop in think or swim?

  6. NOVA, he said many times he dosen’t use stops.

  7. I was right up there w/ you guys on covestor until i had the bright idea to try to go long on two stocks and got worked ;)

  8. Adam, you not not play such risky strategies as going long, lol.

  9. Hey Tim, you keep mentioning that eventually we won’t need you. I for one will always suscribe to your alerts, I believe I will never atain the knowledge that I’am sure took you years of anguish and perseverence. With all due respect we all appreciate and value your knowledge and transparency on all your alerts. Potential subsribers would also see some comfort in the fact that we still beleive in your strengths after learning much of you preach. Hope your having a wonderful time and a safe trip home.

  10. should i use flat fee tradeing in TOS or per share commission?

  11. nova,
    it usually depends on the number of shares you trade. For bigger trades it’s usually better to use a fixed fee and when you trade smaller size per share is better. I dont know about TOS but there is usually a minimum on the per share. Make some comparison based on what kind of volume you think you will do.

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Date Stock Buy Sell Net
Nov 11 IIJI $2,79 $2.95 $442
Nov 6 CVI $4.42 $4.70 $530
Nov 5 MECA $3.68 $3.95 $490
Nov 4 CVI $5.18 $4.94 $472
Nov 4 CVI $4.83 $5.01 $333
Nov 3 NAK $3.30 $3.37 $157
Oct 31 IDAE $2.18 $2.18 $20
Oct 30 HSNI $7.37 $7.86 $561
Oct 29 EVC $1.97 $2.70 $1439
Oct 28 HSNI $6.92 $7.30 $540
Oct 28 HSNI $6.20 $6.00 $320

Total: $34,399 (177%)

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Date Stock Position Ideal Exit % Gain
Oct 23 RBCAA Short $19.00 19%
Oct 22 APWR Short $4.70 15%
Oct 16 OCCXD Short $3.20 37%
Oct 10 ISRG Buy $175 9%
Oct 8 ISRG Buy $195 4%
Oct 6 FEED Buy $6.50 20%