From a few days ago, just hadn’t gotten around to writing about it…as I mentioned HERE, I shorted 2,000 (KOG) at $2.75 near the market close when it cracked sideways price action so I thought it’d go negative on the … Continue reading
Tag Archives: Decent Trades
Minimizing Trading Losses: Two Overnight Trades That Didn't Go So Well
April 19, 2008 at 9:46 am
by Timothy Sykes
Frustrations Of A Short Seller
April 15, 2008 at 9:14 pm
by timothysykes
Awoke to discover no shares available to short of my top 2 potential plays—FEED and PSTI. PSTI was no biggie, it wasn’t a multi-day runner, but missing FEED pissed me off cuz it was a nice morning setup for a … Continue reading
Short Selling Penny Stocks: Decent Profits But The Mistakes Remain
April 11, 2008 at 9:30 pm
by timothysykes
Late Wednesday, when I posted this article predicting a 25% drop in (PSTI), I thought it’d be over and done with by Thursday. But that move didn’t complete itself til today, my baaaaaaaaaaaaaad! Can’t believe I covered my short above … Continue reading
Easy Short Plays: Short Selling Hyped Up Failing But Spiking Biotechs The Sequel
April 10, 2008 at 8:05 pm
by timothysykes
Last night, I posted about how excited I was to short another failing biotech into a ridiculous penny-stock-promoter-fueled price spike. Just like the last time, I wanted a 25% drop in stock price, but I didn’t get that, the price … Continue reading
Two Decent Trades Detailed aka Why Having A Quick Trigger Finger Can Be Good
March 19, 2008 at 12:38 pm
by timothysykes
When I shorted 2,500 shares of (KBX) at $1.79 yesterday morning, I had little idea it’d drop 20% over the next 24 hours. No, I shorted it because its chart had gone vertical—meaning it was close to peaking—it was the … Continue reading
A Solid Wussy Trade, aka Good To Do In This Kind Of Market
March 17, 2008 at 8:12 pm
by timothysykes
Forget the overall markets, today the biggest news was I began Twittering. For those of you who don’t know, Twitter is a messaging system where you leave quick little notes that can be viewed by everyone in real-time. Just gotta … Continue reading
Oops, I Did It Again, I Got Scared Out Of My Trade Too Quickly
March 12, 2008 at 6:29 pm
by timothysykes
Oops!.. I Did It Again! Yeah yeah yeah yeah yeah yeah Yeah yeah yeah yeah yeah yeah I think I did it again I got scared out of my trade too quickly Oh baby It might seem like I’m a … Continue reading
How To Play Converted Organics (COIN)
February 21, 2008 at 4:51 pm
by timothysykes
TIM $15,380, Up $38 No Overnight Positions This stock has confused a lot of longs and shorts. It’s a POS company that just won’t stay down. Even if months from now, shorts will most likely be proven correct (my guess … Continue reading
Some Potential Plays But I Also Need Your Help
February 13, 2008 at 1:46 pm
by timothysykes
Woke up to be disappointed by a lack of volume/gap up in my one position, so I sold my 700 shares of CTI Industries Corp. (CTIB) right near the open at $5.02, tough $200ish loss, but not a bad trade … Continue reading