TIM August Review: 8% Month Brings 2008 Return To 85%, Yup PennyStocking Rocks!
Posted by Timothy Sykes on Wed 10th of Sep, 2008 04:47:09 PM
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August was a decent, if unexciting month for me trading-wise…you should already know how exciting it was for me blog-wise (see article HERE)…my tiny TIM trading account rose from $23,485 to $25,379 (see all trades in detail HERE), putting me over the key $25k mark (see why it’s huuuuge in THIS article) for an 8.06% return, basically off 3 successful trades.
See the graphics below as to how PennyStocking is dominating the major indexes on the month/year/eternity, and understand that the domination would still be thorough even if the indexes were each up 15%+ on the year instead of down that much…(and my #s would be up waaay more cuz there are more pump and dumps to short in bull markets!)
And here are my fav posts from the month that was:
To get you in the trading mindset, no bitches
I’m in the money, I’m in the money
Big big big big big big big big milestone
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
Tim, Congrats you are really making Awesome things happen both on this blog, with your trading and in your business.
PLEASE though 1 key thing if I can say anything, don’t stretch yourself too thin starting new websites and services and all the things that take time, strain and not much changes. You have a niche now, if you focus on getting top trading results, making good picks and promoting this blog you will keep increasing the monthly income exponentially!
Not telling you what to do, just suggesting something based on my experiences so far :)
gratzie
w-w-w-whoa, look at them TIMprofits grow! I’m proud of you Tim, I truly am, as a fellow human being. Your TIM portfolio had $14K when I first started reading and I think you’ve only had one down month since 2008. if that’s not enough evidence for PennyStocking success I don’t know what is!
Timmay,
Can’t even lose if I don’t even watch,
Last nights blog:
“The best one I am still holding.
As I posted last night .. “Shorted CHCI again today at .73, closed nice at .62….. holding!!I shorted CHCI at .73″
Now sitting with 40% profit with the close at .44.”
Down to .37 … and yes IB had/has a bunch of borrows ..up 50% and counting
And
“Still in short PCYC (only one I’m holding except CHCI) from 2.59, closed at 2.80 so down on that so far.”
To 2.30 close..yeah I got in early short but so what?
Entries are’nt that important on these,why I love them.
I’m the king of shorting Tim,but you can be the Queen:)
J/K Timmay,you opened my eyes! Thanks
Listen to TIM
TANDY BRANDS CEO MAKES AROUND 3% OF THE COMPANY’S MARKET CAP PER YEAR IN TAKE HOME PAY TO LOSE MONEY YEAR AFTER YEAR…. ON A $35MM COMPANY!!! THE LIES AND DECEIT MUST END, VOTE FOR LEVIS (NSL CAPITAL) IN UPCOMING PROXY AT TANDY BRANDS ACCESSORIES… HES HONEST AND HARD WORKING!
^fail….. and
^^muddy fail
wait who is the king and who is the queen??
Too long, didn’t read.
You know what they say “success is the best revenge”. F**K all the haters and the losers bagging you out on Elite Trader forums. Maybe if they read your blog they may learn a thing or two.
I wanna have your babies!
new post:
http://www.timothysykes.com/ad.....-patterns/