Blog Archives:
How A Typical Trader Thinks:
Posted by timothysykes on Sun 24th of Aug, 2008 08:42:01 AM
Sponsor Offer:
Thanks to a reader for sending me this sad but funny/accurate pic:
Continue Reading »
Why These 6 Alternative Energy Stocks Are Like Strung-Out Junkies
Posted by timothysykes on Mon 23rd of Jun, 2008 02:08:39 PM Sponsor Offer:
Whenever a sector has big winners, cheap, poor and greedy people are gonna look to get in on the action by buying and hyping bottom-of-the-barrel-companies that trade for less than $5/share. It’s science.
Take alternative energy—the rise of superstars like First Solar, Inc. (FSLR) and Energy Conversion Devices, Inc. (ENER) have paved the way for runups in industry laughingstocks Capstone Turbine Corporation (CPST) and SatCon Technology Corporation (SATC), Quantum Fuel Systems Technologies (QTWW) and Hydrogenics Corporation (USA) (HYGS). Worse yet, no matter the rising tide theory, the sector’s true embarrassments, Plug Power Inc. (PLUG) and Beacon Power Corp. (BCON), still can’t even rise much! (laughing at them truly does make you feel better about yourself, try it!)
This kind of gutter trash is my specialty—I’m not even gonna get into the fundamentals—or lack thereof—cuz no matter how bright a future these companies say they have, fancy accounting they use to prop up their numbers, etc. you really gotta think of them as junkies shooting up heroin (or alternative energy) in an alleyway. Message board posters, longs, naïve fund managers (themselves drug addicts…seriously, you have no idea how bad it is, pathetic that nobody talks about it openly) and ANALysts propping up their near-carcasses, feeding them one good meal and dressing them up to go to a big charity event to make themselves look good, only to ditch them later after they’ve gotten credit for doing a good deed (profiting form hyped up prices).
Overly cynical? Nope. 900 out 1,000 of these manure-esque companies will fail within a few years, 950 will fall back waaay below these spiked up prices and 990 of them will trade lower than what they’re at right now. These are just estimates based on industry fact and my decade-long experience and if you think you have the talent to profit from that 0.10% of successful companies, go right ahead.
On the other hand, all you odds-loving, drug-despising people, my bros, my students, my comrades in profit, join me in stalking their charts, patiently waiting to profit from their near-inevitable fall from grace, back to junkie stock prices, that being under $1 and $2.
In order of least disease-ridden junkie to Amy Winehouse:
Continue Reading »
This Is How A Fraud Trades: Laud Resources Inc (LAUD) & MyECheck Inc (MYEC)
Posted by timothysykes on Wed 11th of Jun, 2008 03:17:15 PM Sponsor Offer:
That’s right kids, it’s time to play another round of “This Is How A Fraud Trades” Cue the music.
LAUD Resources Inc. (OTCBB: LAUD) is now woth over $200mil and has revenues of $1 mil…and that chart, as you all should know by now, is a classic classic manipulation scheme…company will say “we don’t know who’s manipulating our stock, we’re just innocent victims”…and then do a financing at 70% discount to pumped up prices…god I love this game!
One Great Interview & One Scary Scary Stock Chart, You Can See How They’re Related
Posted by timothysykes on Fri 6th of Jun, 2008 11:37:47 AM Sponsor Offer:
The Daily Options Report features a great two-part interview with yours truly, which you can read HERE and HERE. It’s cool, trust me. And maybe more importantly, this is what he had to say about my book An American Hedge Fund:
I have to say, I enjoyed the book way more than I expected.
Short and sweet!
Continue Reading »
2 Wild & Crazy Stock Charts & Videos That Teach Important Lessons
Posted by timothysykes on Thu 5th of Jun, 2008 03:47:47 PM Sponsor Offer:
First up is NTI, which I shorted successfully again and again, several points ago…proving that while there’s money to be made on the short side, there’s even more to be made on the long side. More importantly, if you do short, you gotta recognize the difference between consolidation and gradual fading…NTI kept making higher lows and when you’ve got a stock this illiquid filled with determined/naive long-term shorts, it’s practically a short squeeze made in heaven, which is what’s goin’ on today. Learrrrrrn
Parabolic Stock Chart Of The Day: Unisource Energy Corp (UNS)
Posted by timothysykes on Thu 24th of Apr, 2008 12:39:15 PM Sponsor Offer:
Overworked as I’ve become, I really appreciate it when you readers alert me to some solid opportunities. Today’s chart of the day comes courtesy of InvestorsLive (see MarketKid, that’s how you link when you feature someone else’s idea on your blog!)
Rather expensive, fundamentally sound, tied to commodity prices and slow moving for TIM to play, nonetheless, I consider all surging stocks as potential shorts…just gotta be extra careful on this one as its managed to take out 9-month resistance, then again, it has gone parabolic so we could see some conso0lidation soon…
I Am Not A Crook I Just Play Penny Stocks Promoted By Them
Posted by timothysykes on Wed 23rd of Apr, 2008 07:19:58 AM Sponsor Offer:
It’s been 3 years since total piece of poo oil play MPET pulled off the quad-fecta, rising from $1 to $4…can it do it again?!?!?! Hopefully…but odds are obviously against it
BSIC wants in on that vertical price action too
Courtesy of Investorslive.com, I give you today’s manipulated stock chart of the day:
Manipulated Stock Chart Of The Day: Kentucky USA Energy (KYUS)
Posted by timothysykes on Tue 22nd of Apr, 2008 01:41:38 PM Sponsor Offer:
Ahhhh soooo soothing, so reassuring–kinda like indulging in the day spa at the Ritz. Notice how much prettier and cleaner manipulated stocks are than messy non-manipulated stocks that ruin the serenity by moving every which way. This work of art is no different from manipulated stocks of the past and it makes you yearn for the day when all stocks will be similarly manipulated! Sadly, ’tis but a dream :(
Disclosure: No position–I have no underworld connections, I’m just a groupie / great fan of their work.
Stock Chart Of the Day: VisionChina Media Inc (VISN) Breaking Out
Posted by timothysykes on Wed 16th of Apr, 2008 03:04:15 PM Sponsor Offer:
Their corporate name pretty much says it all–this now $1 billion Chinese company who deals in digital media and advertising is breaking out to new highs today on typical 200,000-ish daily volume. Big-time revenue growth and surprising valuation–think 200%+ and a forward PE in the 20-25 range–added to the fact that people are looking for ways to play the upcoming Olympics and you’ve got some real potential here. Too gradual/uncertain for TIM, but you know it’s gonna interest guys who like buying breakouts like Lindzon
UPDATE: Bought 200 shares at $14.63, couldn’t resist such a perfect breakout, kept my position small to give me the patience to hold out for $1-2 of probable upside
UPDATE 2: Doubled up at $14.27, total cost is now $14.45, stock didn’t uptrend into the close like I, along with seemingly many others, expected.Good news is it held the breakout levels and there’s a reasonably strong chance at a morning spike, especially given the probable strong maret thanks to IBM’s earnings.
TIM Lesson: If you know you suck at buying breakouts, don’t be early, wait to buy until right before the market close.
