Since its stock has quadrupled since the beginning of the year, readers of this blog know I’ve been stalking microcrap momentum play Converted Organics (COIN) and its warrants (COINW). Focusing solely on buying breakouts and shorting breakdowns, I’ve had some … Continue reading
Tag Archives: Impatience
A TIMer’s Dozen: Recent And Current PennyStocking Plays
March 6, 2008 at 8:20 pm
by timothysykes
TIM $16,075 Down $105, Dumb trade wastes $40 monthly gift from Thinkorswim I’ve written about these stocks before, but every day brings new data (of course, the data rules most plays out, aka ideal trades happen rarely). Remember, you’re not … Continue reading
Is This The Magic Stock Market Formula Or Am I Fooled By Randomness?
February 29, 2008 at 1:24 pm
by timothysykes
Yesterday morning, I got rid of my short in Dara Biosciences (DARA) at $5.15 for a decent profit but called it a pathetic exit. My exit turned out to be right around its closing price and I received several emails … Continue reading
Timothy Sykes Is Sssssssso Ssssssstupid!
February 27, 2008 at 4:51 pm
by timothysykes
TIM $15,688, Down $140, You Can Do So Much Better Than Me! Ahhhhhhhhhhhh what a stupid, stupid, stupid loss, I feel like this guy: The beautiful thing about PennyStocking is that you don’t have to scan through thousands of stocks … Continue reading
Lack Of Patience And Discipline Causes Trading Losses
February 26, 2008 at 1:43 pm
by timothysykes
TIM $15,470 Down $115 Despite me being so gung ho telling people not to short Converted Organics (COIN) all day yesterday, I saw the fluff news this morning coupled with a lack of incredible volume, so I shorted 300 shares … Continue reading