Blog Archives:
Why I Bought Turnaround Play Noble International, Ltd. (NOBL) at $5
Posted by timothysykes on Thu 7th of Aug, 2008 07:14:00 PM
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Well, actually it was 1,500 shares at $5.01 and $5.02, solid close at $5.40, so I’m already up like $600…kinda funny that on the day I post (right HERE) that I will not be forced into unworthy trades a worthy trade pops up.
I’ll explain why I bought NOBL by the alert I sent TIMalert subscribers, many of whom bought in at $5.30, $5.05, $5.06, $5.10, $5.20s…:
yes, its up a lot, think 50%+ on the day, and its got a lot of bitter longterm shareholders, but against all odds–and incompetent ANALyst advice–they reported solid earnings…already $1 off its intraday high today due to it going up too quickly and the overall market being crappy, this is a massive company just tied down by massive debt…any time a debt play starts to look like it could turn around, shorts get scared–already shorts have been reduced from 1.1mil to 300k in the last month, probly now down to 100k after today…earnings turnaround plays can and often do have multi-day runs, so i’m looking for a retest of today’s highs in the low $6s…ideally with some morning spiking like it had today
As to how I found it–guys, it was the only
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Why I Bought The Only Stock That Aims To Monetize Social Networking
Posted by timothysykes on Sat 12th of Jul, 2008 02:32:00 PM Sponsor Offer:
TIMalert subscribers know I bought 3,000 shares of IdeaEdge, Inc. (IDAE) at $2.25 and $2.28 Friday mid-day because as I said in the alert:
“this is a perfect breakout, chart is strong, social networking gift cards for launch this fall, whatever the hell that means, myspace parent company founder joined board..i’ve been telling promoters who call me to create a social networking pump, maybe this is it…unfortunately somewhat illiquid”
(seriously stock promoters have been calling me, pitching their ideas as longs…it’s funny as hell…keep ‘em comin’ guys!)
Well, now I’ve done a whole bunch of research—technical and fundamental—and I’m more confident that we’ll see a continued rise next week—odds were good in the first place as the stock has only had 3 down days in the past 2 months—ideally, following the same trend where stock price and volume gains are larger each day of the breakout.
After all, last time it showed this same kind of breakout pattern (late June), it went from $1.40 to $2.15 in 3 days, or a 50% rise…3 big white candlesticks in a row—Friday is only the first big white candle (plenty of room to grow volume too) and this time the breakout began at $2.15 so $3…maybe even $4 is not out of the question (last breakout it didn’t even correct much off its highs…meaning nobody’s worried/is selling aka everybody expects/is manipulating the stock to have a bigger rise)
My last perfect breakout buy was China North East Petroleum Hldng Ltd. (CNEH) (see article HERE) (same strong Friday afternoon action…up 20% on Monday and Tuesday…same 3 white candles before retracing) and now this company has a surprisingly many number of things going for it, albeit not fundamental related, more hype-related, which I prefer anyway:
-Their social networking card debuting this fall could really be huge—this is a $100 billion market (see the graph on their executive summary page) that hasn’t tapped social networking at all and their proprietary technology is all protected by intellectual property (they claim based on filings to have no competitors aka big media company will have to gobble them up if they want in) and considering they now have the equity funding to launch this potentially revolutionary product
a.) the time is ripe to monetize massive social networks like Myspace, Facebook as ads ain’t workin (Youtube only has $200mil in revenue…revenue, not profit!) (and think about getting offered to chip in for a gift right alongside every Evite…microfinancing/microblogging are all the rage these days so why not microgifting?)
b.) even if it flops, its easy-to-understand/eye-popping product and the anticipation of its launch should inspire plenty of investors to create a big/continued stock climb
c.) Their strong management/connections and PRs tease that they’re already talking to many big chains like Starbucks and Barnes & Noble (imagine being able to gift your friend the bookworm a B&N gift card or your cousin the coffee drinker a Starbucks card when you see their birthday pop up on your Facebook list of upcoming birthdays!)
-Strong management—CEO worked his way up at
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Two TIMalerts: Why I Bought Energy Recovery, Inc. (ERII) & Tried Shorting New Century Energy Corp. (NCEY)
Posted by timothysykes on Tue 8th of Jul, 2008 05:28:19 PM Sponsor Offer:
Here are today’s trades, and almost trades, told below by the unedited emails that went out to TIMalert subscribers today (and subscriber’ registrations will be activated tonight for the TIMalert subscribers only members website (TimAlerts.com) that will/should be fully functional tomorrow with the near real-time posting of any emailed alerts and commenting capabilities)
(every one else, don’t worry, TimothySykes.com will always remain free and open, think TheStreet.com & RealMoney.com-type model)
Today, basically NCEY was unborrowable to short (did anybody get in on that?) and ERII broke out as I was wanted/expected, up $2 or 20% from my alert, but it dipped a bit first and since I suck at/have no confidence buying stocks, I took a quick $150 loss…I’d do it again cuz you gotta remember with my account this small, I’m all about safety first…of course if the Pattern Day Trading Rule wasn’t in effect, I could easily have gotten in again when it broke the $11.30-$11.40 area…but no whining because look at these subscribers testimonials (you guys matter infinitely more than my own little account)!!
“I’m up 1200 so far on ERII. Great pick!” –bestdeception
“made 200 dollar on ERII :)” –marketgirl
“$500 profit on erii…tim alert. i’m up $1400 in my first 2 days of tim alerts” –Jonescade
“Tim, thanks for the ERII….made about $800, easily could have been $1200″ –Aaron
“Hurrrrraaayyyyy, I bought TIMAlerts yesterday for $29.95. I made $326 this morning on ERII” –Ron
“Made 250$ on ERII. Thanks to TimAlerts..Was tentative and opened 200 shares..still it worked!” –Seattle Guy
“I had only 500 shares, banked total $1035 from ERII (after comm. & fees).” –Ryan
10:15am:
i just bought 500 shares of cool water energy recent IPO ERII on the breakout at 11.29 (poor execution)…11 was previous high, 10ish was the low and its only been on the market for 3 days…over
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Trust No One But Respect The Action: 3 Oil Breakouts & 4 Breakdowns
Posted by timothysykes on Wed 2nd of Jul, 2008 01:27:56 PM Sponsor Offer:
Ahh you gotta love it when new players enter and old ones retire—traders AND stocks. The key is being able to take what you can from each and then move onto the new hotness…
With that thinking, I loved CNEH—it was a weekend affair—but its proving itself to be too slow to continue to interest me (that’s right, I have commitment issues, I said it), CHQ and GST have been trying awfully hard, but their volume just plain sucks. Traders are fickle, we gotta have big moves and big volume…
So check out the 7 charts below, 3 of them are the new hot plays
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Yes, You Can See ALL My Trades Here:
Posted by timothysykes on Tue 1st of Jul, 2008 04:20:07 PM Sponsor Offer:
By now, somehow I thought you guys would all understand that ALL my trades are open and detailed on the right hand side of this page, the TIMtrades button on the upper right hand side NAV bar or by clicking HERE. Don’t let the buy/sell price fool you, they’re mostly short sales, I simply sell first, then buy back later (for full definition of short selling, click HERE)
ALL my trades are fully detailed and you can debate them, ask questions, whatever, you will understand how I make money–that’s what Transparent Investment Management, TIM, is all about–full transparency (see press release HERE)
And to prove I ain’t lying–as most message board posters and particularly people selling an instructional trading DVD aka PennyStocking and real-time trading alerts aka TIMalerts do–my trading is tracked by Covestor (follow me HERE), a service that taps directly into my brokerage account and verifies all trades–so this isn’t one of the many BS sites where you write down whatever numbers you want, inevitably making yourself out to be great (to you twisted sick fools who do that, you should be ashamed…you learn nothing…nothing!)
For those of you who are new to the site–and there’s quite a few of you–it’s a project that
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How I Predicted a 15% Stock Spike, Screwed It Up A Bit & Made TIMalert Subscribers $10,000+
Posted by timothysykes on Tue 1st of Jul, 2008 12:53:52 PM Sponsor Offer:
When I sent out a buy alert on CNEH to TIMalert subscribers at 3:30PM last Friday—after personally buying 1,500 shares at $4.60—I told everyone “I fully expect $5+” because as I wrote in THIS post over the weekend, it really was the most perfect setup, technically and fundamentally, I’ve seen this year. No matter that TMK labeled me a pumper (and then changed his blog post later once I was proven right, LOL kids…especially those who are too afraid to show their trades openly on Covestor…yeah I said it) and several people questioned whether the company was paying me for such a glowing review, I called it like I saw it (just like I always do) and as the stock gapped higher and spiked Monday morning all the way to $5.40ish before 11AM—that’s a 17% gain for you kids keeping track at home—I felt pride mixed in with some regret.
The regret was due to
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Why I Bought A Stock With The Most Perfect Setup—Technical & Fundamental—I’ve Seen So Far In 2008
Posted by timothysykes on Sat 28th of Jun, 2008 12:06:46 PM Sponsor Offer:
As I alerted TIMalert subscribers with 30 minutes to go before the market close on Friday, I bought 1,500 shares of China North East Petroleum Hldng Ltd. (CNEH) at $4.60—mainly because it’s the single most perfect breakout chart pattern I’ve seen in a very long-time (was considering buying ShengdaTech, Inc. (SDTH) on its own meaningful breakout above $10, but that move was too quick for me.)
And that’s just the beginning of the story (I always do research ahead of time as this popped up on my watchlist two weeks ago)
I bought so early (usually wait til 5-10 minutes before the close if I’m buying for a next day move) because a.) it was breaking out to a new daily high (solid close, but wish it’d taken out $4.70) b.) since its an OTCBB play, executions are slower and c.) no matter what time frame you look at, it’s breaking out on all of them—10 day & 1 month (break above $4.50), 3 month (break above $4.69…close enough aka I’ll risk Monday buyers making this into a truly perfect breakout) and most importantly, 1 year/all-time, above its late 2007 highs of $4.55 (uhhhh can you say massive massive massive massive cup and handle pattern?)
I mean this chart is just gorgeous—it’s the kind
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How Grad Student Tony Ellis Made $6,500 Overnight & Is Now Up $85,000 In 7 Months!
Posted by timothysykes on Thu 26th of Jun, 2008 11:27:00 AM Sponsor Offer:
Sure, it’s amazing that Tony Ellis turned $80k into $130k in 6 months, it’s amazing that his two worst trades weren’t even losses (he simply failed to take profits properly aka a good problem to have), it’s even more amazing that now he’s now given me PDF file that says his gains have now surpassed $85,000 (friggin’ awesome!), but what’s most amazing is his trading education and success is directly due to my instructional DVD PennyStocking Package (which comes with a 220-page instruction manual and an autographed copy of my book An American Hedge Fund). This ain’t no ad, it ain’t no scam, it’s proof positive my trading theories work.
This latest post is all Tony Ellis, who had the balls to buy a Supernova breakout (a chart pattern detailed at length on the DVD), even though it seems crazy and even I missed it (I was at a FOX interview…tough life!). And Tony wasn’t the only one….BJPN, himself another PennyStocking DVD student, also profited nicely, basically paying for the DVD in one trade—and judging by his $ profit, his account isn’t more than a few grand:
Bought pdo yesterday afterhours @37.5, sold half this morning @41.15 and the other half @41.89, at exactly 9:30:00 according to my trade log! Must have been a ton of buyers because I set to sell them all at limit price=41.05! $258 profit. I showed everyone at work my trade confirmation on my phone!
OK, enough promo/pride from me (c’mon, if your $300 DVD package was now responsible for hundreds of thousands of dollars in gains for others (remember Mike the machinist…I’m claiming responsibility for half his $300,000 gains!), wouldn’t you be a little proud too?), take it away Tony:
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Guest Post: TMK Banks From Buying A Sub-Penny Pump
Posted by timothysykes on Wed 25th of Jun, 2008 04:08:21 PM Sponsor Offer:
There are really only a few blogs dedicated to PennyStocking-type plays that I regularly read, GOTS, SuperTrades, Nostradamus, TMK and The IL. Two days ago, we all–except UFGemini–missed getting in on the tremendous runup in sub-penny Quest Minerals & Mining Corp. (QMNM), but yesterday TMK nailed it on a wannabe copycat play, Heartland Oil and Gas Corp. (HTOG).
Below is his post, slightly edited/commented on by me, correcting tickers, spelling and such, it’s a pretty good overview…just one thing: TMK, verify your trades by signing up for Covestor already (unverified trades are worthless, everyone in this scummy industry is guilty until proven innocent):
June 24th Review
$43,378, Up $7,425 on the day.
Positions traded for a gain: HTOG ($8,275)
Positions traded for a loss: DSL ($700)
Open positions: Nothing, planning on taking a break from trading for a little bit.
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7 Gas Stocks Breaking Out: To Buy Or Not To Buy, That Is the Question
Posted by timothysykes on Wed 18th of Jun, 2008 02:42:50 PM Sponsor Offer:
On my ridiculous watchlist today there are too many crappy low priced companies breaking out…all will soon be good shorts, my specialty, but for now, I’m tempted to buy one or more before the close…never in the middle of the day (no protection!)
Let’s compare and see which, if any, should be bought. The contenders are:
Tengasco, Inc. Tengasco, Inc. (TGC)
Northern Oil & Gas, Inc. Northern Oil & Gas, Inc. (NOG)
Kodiak Oil & Gas Corp. Kodiak Oil & Gas Corp. (KOG)
Blue Dolphin Energy Company (BDCO)
Royale Energy, Inc. (ROYL)
Samson Oil & Gas Limited (SSN)
Pinnacle Gas Resources, Inc. (PINN)
And their charts:
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