Blog Archives:
There’s No Stock Market Crash Yet aka My Take On Capitulation
Posted by Timothy Sykes on Fri 10th of Oct, 2008 07:37:21 AM
Sponsor Offer:
So everyone and their mother…hint, hint LiveStock today from 1pm til who knows when, gotta cover this potentially awesome day today in all its glory…wants to know where the bottom is…and the word you must learn to recognize is C A P I T U L A T I O N.
Continue Reading »
The Latest Financially Illiterate Financial Journalist, Too Funny…
Posted by Timothy Sykes on Tue 16th of Sep, 2008 03:57:25 PM Sponsor Offer:
Yes, I’m always ragging on financial journalists and no it’s not cuz of my ego, it’s cuz they’re a bunch of friggin morons! People who majored in journalism shouldn’t cover business/finance cuz the rules aren’t the same, companies and people, especially CEOs, management, ANALysts, PR firms and newsletter blatantly lie to try to lure in investors.
Continue Reading »
Vote For Me In The 2008 Silicon Alley 100 Poll
Posted by Timothy Sykes on Mon 15th of Sep, 2008 04:03:00 PM Sponsor Offer:
Maybe you’re not supposed to ask more than a few close friends to vote for you, but I’m gonna flex my blog audience muscles by asking ALL of you to vote for me by visiting the poll by clicking right HERE. (If that link doesn’t work, go HERE to Alley Insider’s main page and look for the “SA 100 Voting Booth” icon)
This poll is supposed to represent the
Continue Reading »
Dear Retards, Please Stop Asking Me About Lehman Brothers Holdings Inc. (LEH) & Merrill Lynch & Co., Inc. (MER)
Posted by Timothy Sykes on Wed 10th of Sep, 2008 01:46:05 PM Sponsor Offer:
C’mon, I said please!
How many times must I repeat that I don’t care about big companies…especially big financial companies. You really think I earned $70,000 last month (see income post HERE) by caring what others care about?
Hell no, it’s all about trading stocks that aren’t mainstream/efficient!
As I stress in my PennyStocking DVD and on this blog about 4857475738 times, my superior returns have only come about when I’ve focused on the much less covered niche of smallcap and microcap companies. It’s easier down here in the gutter.
Why is
Continue Reading »
The SEC Mandated Debate + Prohibition On Short Selling=Government Sponsored Market Tyranny/Only Chance In Hell To Bottom
Posted by timothysykes on Tue 15th of Jul, 2008 02:45:37 PM Sponsor Offer:
So now–after the public complains loud enough cuz they’re losing their asses in their “value investments” (learn to do some f%^&en due diligence you sh$%heads)–Osama bin SEC field agents have sent subpoenas, aka instruments of terror, to hedge fund managers and traders who are spreading bad rumors in order to profit from short selling these embarrassing financial companies.
Hell, right in the middle of me writing this post, Osama’s decided they’re even gonna clamp down on allowing people to short sell these turds! Just their latest terrorist act since they believe anyone who preaches and practices financial freedom to be infidels. (Emergency measures my Jew-ass, the problem lay with the companies and the leverage/power/manipulative-marketing-schemes themselves, not those who are smart enough to realize how fu$#ed these leverage/coke-loving bandits truly are, most assuredly business-wise and stock-wise too until the SEC just gave them a get out of jail free card for the latter)
This is big news–Osama bin SEC is mobilizing their terrorist committees so it’s gotta be covered by the financial media circus, giving us time-wasting debates like THIS one. I like that my man Lindzon defends short sellers, actually most of the people on there do, but WTF is the point of the whole debate in the first place?
Big bad SEC gonna investigate, rumors bad, punish bad opportunists, short selling so bad, or is it good, maybe it’s good, maybe companies are bad, why no SEC investigate them, oh wait, they hire lobbyists, they rich, they get government peeps in trouble, SEC no want lobbyist trouble, SEC weak, back to short sellers bad, commentators know it not fair, they smart, learn SEC, learn, watch Fox Biz, too bad nobody watches, lobbyists win, SEC stop short sellers…
Does Fox Biz really not understand that people don’t
Continue Reading »
Thank You Covestor For These 100 Stocks To Avoid
Posted by timothysykes on Thu 10th of Jul, 2008 12:55:34 PM Sponsor Offer:
You know how I’m always being weird by saying “I don’t play real companies I prefer frauds and pump and dumps”? Well, obviously there’s my 70% return over the past few months now backing me up, but for further proof, after you check out THIS list of 100 of the most actively traded stocks by people on Covestor, you’ll understand 2 things–
1. it’s pretty much all the most
Continue Reading »
Entertainment Today: No LiveStock, Just A Riveting Account Of Bear Stearns Collapse!
Posted by timothysykes on Fri 4th of Jul, 2008 03:51:04 PM Sponsor Offer:
Due to the holiday, you might’ve guessed there’s no LiveStock today (although I was ready to do it!), but since you’ve become used to being entertained each and every Friday–Family Matters-style–I dug something up that you might just like…
See the whole article HERE and be prepared to spend some time reading it–it ain’t short, but it is worthwhile. Of course it had to come from a non-finance media outlet: Vanity Fair. Because as you know, just as corrupt as penny stocks are, the financial media is boring times infinity (besides even being a little corrupt themselves)
OK, no more ripping, this account of the Bear collapse really is educational and entertaining, good job Vanity Fair! And for those of you who need more convincing to read a long article, just check out the kind of cool pics they use:
Continue Reading »
Yes, Spamming Penny Stocks Deal With Mobsters & Politicians aka Perf Go Green Holdings Inc (PGOG)
Posted by timothysykes on Thu 19th of Jun, 2008 01:47:45 PM Sponsor Offer:
Is this really news? Those razor sharp wits over at the NY Post have come to that conclusion–I think we should upgrade that journalist’ paygrade up from $30k to $60k, razor sharp I tell ya! In THIS landmark article, reporter Zachery Kouwe (definitely email him: zachery.kouwe@nypost.com) unleashes a firestorm of how PGOG used former Governor Pataki’s association–he was bribed sits on the board–to pump up their stock price, while paying blah blah blah amounts of money to blah blah blah. Company denies knowledge of pumping…CFO used to work for the teamsters…Pataki believes in the technology (LOL Georgie boy, best read my book An American Hedge Fund, or better yet my DVD PennyStocking before you use that line/get yourself into trouble like this again)
As if any of this was something new! Change around the famous figure, crime family, company, stock price and dollar amount paid and you can understand the penny stock market for the past few decades!
Even more than
Continue Reading »
Forbes The Latest Victim In Randall Lane’s Web Of Deceit Or Why Trader Monthly aka Doubledown Media Is Failing
Posted by timothysykes on Tue 17th of Jun, 2008 11:20:25 AM Sponsor Offer:
Based on nothing more than widespread rumors, circumstantial evidence and a few sources—not coincidentally the same reasoning they once used to find me guilty of a crime I didn’t commit—Trader Monthly aka Traitor Monthly aka Doubledown Media—they use several aliases because, like any common criminal, their flawed ideology and dirty deeds are finally catching up with them—is failing fast.
Like any good wannabe journalist, not that I really wannabe, I should mention my history with these cockroaches, specifically their twisted son of a bitch editor-in-thief chief, Randall “The ideal reader is 29 years old, making $400,000 a year, and spending all of it.” Lane. And thankfully, that reprehensible quote (yes he really said it, seemingly proudly, see article HERE) is one of the foremost reasons why rumors are swirling that Doubledown Media, devastated by several legal battles—everybody from Lenny Dykstra to Private Air—and the loss of their CFO (hey, they really are a typically corrupt financial firm!) is down to just one magazine, from five, and is close to shutting their doors. After all, given the economy, difficult industry times and unemployment/bankruptcy of those who espouse such blatantly flawed thinking, who’s really gonna read or advertise their junk? And of course, there are the sordid details…
Continue Reading »
No Yahoo!, You Want To Make More Money, Not Less!
Posted by timothysykes on Sat 14th of Jun, 2008 03:07:01 PM Sponsor Offer:
I don’t give a damn about any of these companies stocks—Yahoo! Inc. (YHOO), Microsoft Corporation (MSFT) or Google Inc. (GOOG)—but when I see articles with titles like this: “Microsoft offered $9 bln for Yahoo stake, search deal”, I can’t help but laugh.
Continue Reading »
iPhone 3G Me This, iPhone 3G Me That, AAPL’s Breakout Attempt Goes Splat!
Posted by timothysykes on Mon 9th of Jun, 2008 08:04:59 PM Sponsor Offer:
iPhone 3G me this, iPhone 3G me that, who’s afraid of the big black truth? Over the next 48 hours, as you’re forced to digest thousands upon thousands of articles and blog posts about Apple Inc (Nasdaq: AAPL) Steve Jobs’ keynote today and the introduction of this much anticipated new product, the stock trader in you has to realize this has proven itself to be a non-event.
Continue Reading »
Why Geek Commentary Should Never Be Featured On Any Finance Website
Posted by timothysykes on Wed 4th of Jun, 2008 03:59:54 PM Sponsor Offer:
You gotta laugh at/love absolutely pointless opinionated articles like THIS from the geek blog AllThingsD, which, in this case, stands for “All Things Drossy”.
Not pointless to all the newbie investors and technology geeks who think this crap actually matters to these companies’ stock prices—for they have little understanding of the brokerage/ANALyst whore-athon that gets pimped out to fund managers just trying to pad their performance figures to collect their annual six and seven-figure salaries without really caring about beating the indexes cuz they know that since their peers are just as scummy as them, they really only have to avoid blowing up cuz mediocrity is not only fine, it’s encouraged in this joke of an industry, trend lag times and investors expectations—just pointless to everyone who understands how difficult assessing these companies without technical analysis really is.
Continue Reading »
What Classy Pump & Dumper Dennis Gartman Can Learn From Classy Fund Manager Sy Jacobs & How To Profit From It
Posted by timothysykes on Mon 26th of May, 2008 02:44:26 PM Sponsor Offer:
Remember the time when self-proclaimed stock picking guru Dennis Gartman pumped up no-revenue-earning microcrap joke-of-a-company Converted Organics Inc. (COIN) by mentioning it alongside his other picks in Barrons? No matter that ALL his other picks were multi-billion dollar companies with actual businesses.
Well, since that pump COIN has taken a dump and in the latest Barrons article posted on The Big Picture, a smalltime fund manager who basically predicted this housing downturn shows Dennis how to behave in interviews. Here’s the paragraph that does it:
Continue Reading »
Is That Really Maria Bartiromo?
Posted by timothysykes on Fri 23rd of May, 2008 12:28:40 PM Sponsor Offer:
I might be am a prick, but to help you guys better understand how everything on Wall Street is about perception, I gotta post this. Maria Bartiromo has been promoted hardcore as the sexiest anchor woman of CNBC, the photo below disproves that theory once and for all. Forget about just aiding and abetting stock manipulators, the fine folks over at CNBC are the true master manipulators!
Continue Reading »
Barrons Is The Latest Old Media Company To Be Proven Obsolete
Posted by timothysykes on Sun 18th of May, 2008 01:15:38 PM Sponsor Offer:
Remember about a month ago when I wrote those 2 posts (HERE and HERE) about the sketchy pig farmers over at Agfeed Industries (FEED)?
Their two financing deals, after a flurry of too-good-to-be-wholly-accurate press releases, set off my probable pump alert and even though I wasn’t playing the stock, I felt the need to warn investors about how the smallcap capital raising game works—basically you spend thousands on PR, giveaway a few percentage points to encourage scummy peddlers (better knowns as brokerage firms) do financings, schedule a bunch of PRs to paint the rosiest picture possible and then raise capital for your crappy biz at inflated prices, preying on investors’ greed as your stock is manipulated to surge higher, making these investors believe they are getting in on the ground floor of some amazing story.
Continue Reading »
Hey, Randall Lane, You Sick Twisted Son Of A Bitch, Remember Me?
Posted by timothysykes on Wed 7th of May, 2008 11:42:57 AM Sponsor Offer:
Photo Of Randall Lane By Chester Higgins Jr./The New York TimesNote: Aside from the last paragraph this post is written following the journalistic style of Randall Lane—treating assumptions and circumstantial evidence as fact. It’s cruel, amateurish and immature—oh yes, I know—but that basically sums this guy up so in order to help him grow up, he must be given a taste of his own medicine.
To those who don’t care and just want stock picks—this is also a great lesson on how to pounce when your enemy is wounded, no different than the vultures who took out Bear or LTCM.
Last time Randall Lane, editor-in-chief of Traitor Monthly was in Page Six, he was attacking a small-time trader (me) because his magazine staff fumbled, disinviting me from their little party at the last minute after we’d been discussing my covering the event for MSN Money for days.
Clearly in the wrong, this balding bastard was forced to go on the offensive, charging my hedge fund’s losses were the result of my publicity hounding rather than bothering to research the matter like a responsible journalist might do (turning his nose up at the complimentary book I’d sent him weeks before that explained the situation in detail) and running his arrogant mouth off to the press, confident of favorable treatment due to his connected Forbes wife.
Now, just a few months later, the tables have turned as Lane himself was fired as publisher of the Player’s magazine by Lenny “Nails” Dykstra who called Randy boy out on what he’s becoming known for, trash talking when he doesn’t get his way: “If you want to fight, take me on. Don’t go behind my back and bad mouth me,” said Dykstra. “He thinks I’m going to buckle,” said Dykstra, referring to Doubledown President Randall Lane. “I don’t buckle - I go to war.”
Continue Reading »
Breaking News: Microsoft (MSFT) Withdraws Offer To Acquire Yahoo (YHOO)…My Take
Posted by timothysykes on Sat 3rd of May, 2008 08:29:37 PM Sponsor Offer:
I tried very hard not to cover this breaking news of Microsoft withdrawing their offer to acquire Yahoo! as I believe it to be utterly useless for trading purposes, especially since we all know there’s gonna be 5,000 articles in the next 24 hours written about it, but the official press release contains some pretty funny stuff towards the end–at least for corporate speak–so it’d be rude of me not to share:
I still believe even today that our offer remains the only alternative put forward that provides your stockholders full and fair value for their shares. By failing to reach an agreement with us, you and your stockholders have left significant value on the table.
But clearly a deal is not to be.
Thank you again for the time we have spent together discussing this.
Sincerely yours,
/s/ Steven A. Ballmer
Yah, that’s just the end of the PR, but the rest of it basically just says you YHOO pricks shoulda taken our money and not been so greedy cuz now we’re gonna clobber you, just like we’ve been doing for a while, not because we’re that good or smart but cuz you guys suck worse. Seriously, that’s what it says. Ballmer admits it. Read it yourself.
UPDATE: This is getitng funnier by the hour…Yahoo! responds in THIS PR saying bah blah blah…here’s the funny part of CEO Yang trying to get back at Ballmer’s putdown:
Jerry Yang, co-founder and chief executive officer, Yahoo! Inc. added, “I am incredibly proud of the way our team has come together over the last three months. This process has underscored our unique and valuable strategic position. With the distraction of Microsoft’s unsolicited proposal now behind us, we will be able to focus all of our energies on executing the most important transition in our history so that we can maximize our potential to the benefit of our shareholders, employees, partners and users.”
It’s like two old former soap stars bickering cuz now they’re both too ugly for daytime TV. Yang, you better STFU cuz you about to get sued by all your shareholders you arrogant @$!hole
Sykes’ Saturday Seven: Watch Some Crazy Indians & Warren Buffett Screw Up
Posted by timothysykes on Sat 3rd of May, 2008 11:58:02 AM Sponsor Offer:
Berkshire Hathaway is gonna get taken apart next week as they missed on revenue estimates by $3 billion and took a $1.6 billion loss on derivatives—I like and respect Warren Buffett, but I do look forward to the pain this will cause his sissy value investor cult
This video is tailor made for the narrow-minded value investors out there—while this looks pretty crazy to us, it’s a multi-century tradition older than our entire egotistical culture:
Perruna’s got a cool stock screen
Continue Reading »
TIM 6 Month Review: Earn 47% While The Markets Drop 10%
Posted by timothysykes on Thu 1st of May, 2008 02:57:15 AM Sponsor Offer:
Yup, that’s right, tiny, loud mouthed, mistake-celebrating TIM just busted a cap in the ass of the joke that is the financial industry by implementing my own brand of PennyStocking, or short selling penny stocks, a niche that’s supposedly random/akin to gambling and according to Forbes’ oh so popular Investopedia, in their definition of short selling, impossible to short sell! Screw them, the graph below says it all:
Maybe in the future more attention will be paid to this accurate definition of short selling—written by somebody who’s made millions from this strategy instead of some wannabe who’s just the latest journalist joker…you guys remember Sri, the theater major over at CNBC (fired yet?) and TheStreet.com guy who wrote about a product the company had already sold (fired yet?)! How could we forget—after all, their jokes have been very profitable for me and my readers.
Sorry, I digress—my blood is boiling from the amount of misinformation out there—this is a time for celebration and review. After all, while I made plenty of mistakes, a 47% return in 6 months is something to be proud of. So, take a look at all the most important posts during this journey, I promise, no matter what Investopedia says, this strategy is alive and well, legal and learnable (and to you haters, just wait until you see what I can do when I no longer have to deal with the pattern day trader rules, I plan my speaking schedule better and I’m not building a revolutionary new website…when TIM reaches $100k, it’s gonna be damn fun shutting you up as I make $50k+ in 6 months):
Successes:
Shorting Into A Factually Inaccurate Article
How I Made An 8% Return Before Lunch
How I Made 25% Just By Holding A Distinct Pattern Overnight
Why My Strategy Works Even For Stupid People
God, I Love Short Selling Penny Stocks!
Failures:
A Truly Amateur Trade
Continue Reading »
Plunging Home Sales: The Latest Example Of Why Technical Analysis Trumps Media Scumbags
Posted by timothysykes on Fri 25th of Apr, 2008 02:44:58 PM Sponsor Offer:
Home sales are plunging, 13%+ annual drop, largest since 1970, it’s gonna be another depression, we’re all gonna die—blehhhhhh! Who cares? Yeah you heard me—let the flippers suffer/go bankrupt/in debt, that’s what they get for their utter disregard of historical research and for listening to big talkers like Donald Trump who love to un/knowingly risk disaster.
Traders and investors who rely on the one true thing in finance—the charts—know better; the biggest homebuilders stocks (LEN), (KBH), and (TOL) are all slightly higher since this “disastrous” news broke and their charts have been bottoming for weeks. The overall market is up big over the past two days and it’s not because the stock market is some random uber-mysterious thing.
It’s because as much as financial media circus loves talking panic—it helps ratings—all this bad news is already priced in. That’s the beautiful thing about the stock market, it doesn’t care about media scumbags and their ratings-hungry outlets, nor does it bother reading the attention-grabbing headlines—only expectations matter. That’s right kiddies, it’s not that complicated—you just have to be aware of all the industry BS–my telling you this probly means I’ll never get to bring female models on CNBC again :(, but sometimes you gotta make sacrifices for the greater good.
Sure, expectations on individual stocks can be manipulated by the media and promoter scumbags, but not on macro issues—there’s just too many smart people who’ve learned how the game works. After all, the talking heads all put together ain’t worth more than a three-dollar bill because the market don’t give a damn about guesswork.
