You Think I’m Gonna Make Up Aliases? Prepare To Stand Corrected!

I know, I know, I’m behind on several planned blog posts, but when I see comments like the one below, I just can’t help but respond:

jrobitaille23 says:

No offense to the “real” diehards here but you all do realize that all these people claiming to have purchased the DVD and books is just Tim pumping his wares right? No difference to me that this is happening as I think he has a good system but c’mon. Maybe I am just a cynic…it’s just so blatantly obvious.

I will say that I do like to come here and find some good names to keep on my watch list as many of these “real” companies that explode and can be shorted, are actually good longs that you can buy after the meteoric rise and fall. If it’s a good company, the stock will withstand the straight up and shorted down and rebound upwards i.e. HYGS, TGC and most probably JOEZ. Thanks for all the info, but no thanks on the DVD’s. LOL

After I saw that, I asked a few others if they thought I was making up people and testimonials to “sell my wares” and they said YES?!?!?!? Are you guys  

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The SEC Mandated Debate + Prohibition On Short Selling=Government Sponsored Market Tyranny/Only Chance In Hell To Bottom

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  

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The Stockster Thinks I Want To “Bring Down Penny Stocks”, Exemplifies Niche Ignorance

Many of us veteran microcrap traders remember TheStockster.com as a great little promo machine for pumping up shitty companies aka great for creating short selling opportunities. Unfortunately Osama bin SEC shut them down, whining about misleading investors. You can read the full complaint HERE, but it’s funny that they singled this guy out for misleading investors as that basically sums up all of Wall Street!

(Yeah I said it, everybody who’s been in the game for more than a few years knows that’s reality…whatcha gonna do Osama bin SEC, shut down all of Wall Street? Nah of course not, you guys are incompetent/understaffed/underpaid/terrorist pricks!) (Newbies/idiots: you really think manipulation is limited to penny stocks? C’mon grow up Peter Pan, Count Chocula–all you gotta do is look at what’s happened with the $330 billion auction rate security market–supposedly “safe”, or marketed that way, investments, which have now become worthless overnight…not to mention all the fraud involved.–to toughen you up)

Anyway, some guy who identifies himself as Mark Groanboom and linked to the new TheStockster.com (supposedly under new management even though it’s currently a blank site) commented on my blog post that talked about 99% of penny stocks being frauds/schemes/scams saying:
 

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Yes, 99% Of OTCBB, Pink Sheet Stocks & Stocks Under $5 Are Scams, Schemes & Frauds

It’s quite funny to see/hear/read some people’s reactions when I say this, which is rather obvious to most. Most big-time Wall Streeters know this—that’s why they don’t voyage down here, most veteran traders know this—that’s why they avoid this sector like the plague, but amateurs, suckers and newbie traders have a hard time believing it.

Because they believe in the goodness of people. Especially polished-presentation-talking businesspeople. They believe people are honest. And fair. And just. Because they are drinking the Kool-Aid these companies so willingly spout day and night.

No.

Down here in the gutter of Wall Street—well, really everywhere too, but especially down here—people are dishonest. They craft lies, exaggerations and misinformation for their own purposes. They hide the skeletons in the closet, stuffing them down, until there’s so many they simply bust through the door. They are not your friends. They are not your family. They are not to be trusted. Even if they are your friends and family. Especially, if they’re your friends and family.

Because  

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How To Short OTCBB Scam Stocks aka Adapt To Evolving Markets

As sketchy as those junkie-like alternative energy companies I profiled yesterday are, ALL OTCBB-listed “companies” are a million times worse. I use the term companies loosely because a more fitting description would be schemes.

Currently, I’m not short any of them, so I don’t care whether or not you believe me—I just have a hard time understanding how the people who run, promote or work with these schemes can live themselves as their job is scamming people, and it’s mostly senior citizens who fall for this crap because they’re old, senile, wealthy and don’t realize how corrupt this entire niche is.

As I profiled HERE, HYDROGEN HYBRID TECH INC (HYHY) is $250+ million scheme with $68,000 in revenues and a multi-million spam campaign. The schemers are just as likely to be shut down by Osama bin SEC as they are to be busted by the DEA as operators of a coke cartel or discovered floating face down in the East River. (past 2 days spam mailers have stopped, nothing holding this thing up, c’mon spammers, get back to stuffing envelopes, get this thing to $400 million you lil bitches!)

Change around some words and numbers in the documents that pitch these schemes and you’ve got LOCATION BASED TECHNOLOGIES (LBAS), a $222 million scheme that looks to be falling apart over the past 2 days (although a big drop seems unlikely aka c’mon schemers, don’t stop, can’t stop!)

Change some more meaningless variables and you’ve got LAUD RESOURCES INC (LAUD), a $274 million scheme without anything behind it (although this is breaking out now, aka I might even buy into it before the market close)

So, naturally, I like to short sell these schemes and until the past few days, I had done so through my broker Thinkorswim, who clears their trades through Penson. But now,  

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Yes, Spamming Penny Stocks Deal With Mobsters & Politicians aka Perf Go Green Holdings Inc (PGOG)

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  

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Why I Shorted Probable Fraud Hydrogen Hybrid Tech Inc (HYHY) & Think Its Headed Lower

After initially writing about why I’d bought HYHY right before the market close for an overnight long yesterday, now I’m writing about why I shorted the same stock right before the market close today (welcome to trading). After all, I’d already taken my poorly timed $300ish profits—leaving $500 on the table…life could be worse–and I have no allegiance to it whatsoever—it’s just the latest probable fraud to have sent out a massive spam mailer that sucked in naïve greedy buyers.

You know what, now that I’m short, hell, let’s call a spade a spade—it’s a total fraud, as I outlined in my original post. But that’s not why I went short…

I shorted 2,000 shares at $2.31, emailing TIMalert subscribers with plenty of time before the market close—already up 6 cents/share on my position—because this pile of manure exemplified the classic “falling off a cliff” intraday pattern that’s usually the end to so many runs, meaning the market makers couldn’t prop it up anymore as all, or mostly all, of the spam buyers had already bought, leaving a massive supply-demand imbalance that could only be resolved with lower prices (that might attract some buyers).

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In PennyStocking & TIM You Must Trust: Receive 6% Overnight Interest At The Bare Minimum, 15-25% If You’re Not Jewish

As I emailed TIMalert subscribers in near real-time, I sold my HYHY position near the market open at $2.37 for a solid, if not extraordinary, 6% overnight gain of about $265, putting TIM up 8% on the month and right back to my old highs, up 55% since November 2007.

You see for all my crazy—some say—theories, but this time proven right…yet again…suckas, I stink at timing my trades. (As I think I proved beyond a shadow of doubt with my woeful but carefully controlled losses in May) Scared by my own openness (probly best not to call a company you’re long a fraud) in last night’s post and another scathing overnight article on The Fool (the hypocrites wouldn’t publish a nice review of my book An American Hedge Fund by one of their writers cuz it deals too much with penny stocks—man, I’m telling you Back of the Bus-type discrimination makes me sick) entitled “Potential Scam Alert”, I wasn’t sure how much longer this rally would last.  

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Why I Bought Probable Fraud Hydrogen Hybrid Tech Inc (HYHY) & Think Its Headed Higher

Out of all the low priced stocks breaking out in all the world—and there were several BMB Munai Inc. (KAZ), Fieldpoint Petroleum Corporation (FPP), Capstone Turbine Corporation (CPST) and Beacon Power Corp. (BCON)—why oh why would I ignore all those real companies and buy 2,500 shares at $2.26 of this now $275 million probable fraud HYHY right before the market close? And then decide to write truthfully about it even as I hold shares overnight! (Suck on that people who say I pump or bash for my own interests)

Especially when we know this “company” had $68,000 in revenue last quarter—okay, okay, I’ll give it to them, they were profitable, but only because their expenses amounted to $9,000!!!!! Especially when they put out utter fantasies like THIS press release touting their technology which is “an add-on to diesel and gasoline engines where it significantly reduces a wide variety of emissions (CO, PM, HC, CO2 and NOx) while simultaneously reducing fuel consumption”
Especially when their magic box looks like a high school science project:  

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Forbes The Latest Victim In Randall Lane’s Web Of Deceit Or Why Trader Monthly aka Doubledown Media Is Failing

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…  

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Special Friday The 13th Marathon LiveStock Show Between 9AM-5PM EST

Yup the rumors were true…tune into LiveStock all day tomorrow to help celebrate the demise of leverage loving financial firms everywhere and of course Friday the 13th!

This is gonna be the craziest 8-hour one-man finance show in the history of 8-hour one-man finance shows–not that I have a whole lotta competition. We’ve got some special guest appearances from pseudo-celebrities and financial people, a lot of cool stuff planned (aka none) and some refreshments to make things get a little whacky….I’m just prayin’ there’ll be some trades or else this could really suck. Just kidding no Livestock could ever suck nor could it ever be brought down to the ind numbingly boring/inaccurate level of CNBC–I think I really just need a hot cohost…you guys know anyone who might be interested, contact me (seriously!)

More importantly, contact me if you’re gonna be in the SoHo area of NYC anytime tomorrow, feel free to come on the show with me, I don’t care who you are, sissy value investor, PennyStocker, whoever…we’ll chat about stocks…just be sure to let me know ahead of time as we have a schedule…somewhat!  

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One Of The Worst Trades Of My Life & Still A Solid Profit: Behold PennyStocking!

You know how I always say wait for ideal opportunities? Well today was one and while I made $700, I screwed it up completely—latest proof that if u stick to these kinds of plays, its sooooooooo tough not to make money:

When a piece-of-cow-dung-type company (just look at the chart, little research other than that needed) like South Texas Oil Company (STXX) spikes up…for any reason…you gotta get interested in shorting it. When similarly foul smelling stock promoter Lebed is involved, the BullShitometer goes off the charts and you just gotta reserve shares ASAP

Well that was the thinking that made me short 1000 shares of this stock yesterday at $4—mistakenly believing I got a good execution since the volume was pathetic and the bid was $3.40, I figured I’d scalp it for an easy 30-50 cents/share…unfortunately, the bid caught up and shorts like me got squeezed to the $4.50 range (thankfully the company is so bad, even stock promotion couldn’t get it up much more than that!). Displaying some newfound patience/conservatism, I controlled my losses and covered at an average of $4.22, a $250 loss, but not bad considering my impatience/stupidity at getting in in the first place (I love how several PennyStocking DVD students commented/emailed/IMed me I was wrong for getting in—at least I’m a good teacher!)  

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The Latest Round Of Paid Spam Mailers

Hmmm, somehow I thought my detailing these sketchy paid mailers a few weeks ago might put a stop to the whole revolting process. Not. You can’t stop stock promoters, you can’t stop corruption, hype or manipulation….all you can do is profit from its existence.

Behold the latest round of the worst publicly companies traded in the world (courtesy of THIS great lil message board)–buy carefully, don’t short randomly, as spam stocks as a sector have been on fire lately…can’t even mention the company tickers as you gotta see these flyers for yourselves.  

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Nobody Told Kentucky USA Energy Inc (KYUS) That They Were A Scam…LOL

Seriously, check this absurd SEC filing out and try not to laugh…sounds like somebody’s getting investigated…

Form 8-K for KENTUCKY USA ENERGY, INC.

30-May-2008

Other Events

Item 8.01 OTHER EVENTS  

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