Timothy Sykes, the brash penny stock trader with trading challenge students who claims that “if you’re not a millionaire you’re poor” and who bets against healthy companies by using his subscribers to short sell these fine companies into oblivion wrote a post the other day entitled “This Penny Stock That Will Crash 30-50% In The Next 2 Days“. The stock in question, the fine upstanding Medical Marijuana Inc. (MJNA) did crash 30% within the two-day time frame as predicted by Sykes as he and his trading challenge students profited handsomely off other people’s misfortunes…members of his Profitly website have posted profits of over $100,000 so far as you can see here He went so far as to brag about his … Continue reading
Tag Archives: Penny Stock Scandals
Did This Penny Stock Trader Profit on $MJNA From Insider Information?
February 20, 2013 at 3:00 pm by Timothy Sykes
The Two Biggest Promoters I’ve Bet Against For Years Are Just Teenagers Now Busted By The SEC [PHOTOS]
April 22, 2012 at 1:00 pm by Timothy Sykes
BONUS: Watch this free 10 minute video on my latest 100%+ winner (My buy alert to subscribers of my 4 newsletters was at .22, the stock is now at .44 just a few days later)
A Penny Stock Promoter’s Portrait Of Me As Darth Vader [FUNNY PICTURE]
April 4, 2012 at 12:00 pm by Timothy Sykes
Aside from my wild Vegas trip which you can see pics of here, I actually profited $50,000ish in trading during March and my trading challenge students are really learning as you can read here. I also posted a picture in this blog post of the headquarters of the current biggest penny stock pump and dump which is now a $400+ million company hyping an overwhelmingly useless product Clotamin (don’t believe me, go look where the last wonder drug pump and dump fared) and despite my acknowledging that the $ made there is on the long side since there are NO shorts ($300,000+ in profits so far on Profitly)…the promoters try to paint me/short sellers as the enemy, in this case … Continue reading
SEC Wakeup Call: How A Penny Stock Promoter Used $5.5 Million To Personally Profit $400 Million On A Pump Based In A Virtual Office
November 6, 2011 at 9:00 am by Timothy Sykes
UPDATE: 48 hours after this report was published, RAYS’ stock is down 50%…subscribers of my 4 newsletters have profited 6 figures as you can see here, I personally profited nearly $5,000 on my puny position which I covered far too early, leaving $7,000 in profits on the table….and now there’s a new report out declaring RAYS technology is an outright fraud. trading challenge students and PennyStocking Silver subscribers know that over the past few years I’ve been 100% DEAD ON EXPOSING dozens of penny stock pump and dumps, profiting via the short selling their stocks as EVERY time there’s a pump, there’s also the inevitable dump:
Jim Cramer’s “One Of The Great Ones” Who Did $1+ Million In Newsletter Sales For TheStreet.com Lenny Dykstra — Indicted for 2 Dozen Alleged Crimes
June 6, 2011 at 8:42 am by Timothy Sykes
A few years back Jim Cramer touted Lenny Dykstra as “one of the great ones” in the stock picking business and as detailed on The Daily Beast, Dykstra’ss newsletter for Cramer’s company TheStreet.com did over $1 million in business rather quickly. (except that his track record was pretty impossible) (and there was that little $250,000 Dykstra allegedly received for picking that penny stock) (Yup, that would make Lenny Dykstra a penny stock promoter) Now TMZ is reporting Dykstra is set to be indicted on an alleged 2 dozen crimes, they say:
Jim Cramer's "One Of The Great Ones" Who Did $1+ Million In Newsletter Sales For TheStreet.com Lenny Dykstra — Indicted for 2 Dozen Alleged Crimes
June 6, 2011 at 8:42 am by Timothy Sykes
A few years back Jim Cramer touted Lenny Dykstra as “one of the great ones” in the stock picking business and as detailed on The Daily Beast, Dykstra’ss newsletter for Cramer’s company TheStreet.com did over $1 million in business rather quickly. (except that his track record was pretty impossible) (and there was that little $250,000 Dykstra allegedly received for picking that penny stock) (Yup, that would make Lenny Dykstra a penny stock promoter) Now TMZ is reporting Dykstra is set to be indicted on an alleged 2 dozen crimes, they say:
Why In The Last Week Did $OPMG’s SEC Filings Remove 61 Mentions Of $NQ, From Whom They Are 100% Reliant On A Sublicense? (Uh Oh!)
May 26, 2011 at 8:30 am by Timothy Sykes
As I explained in a blog post two days ago when it was discovered by a reporter that the president of Options Media Group Holdings, Inc. (OPMG) had a criminal record, my only trade on this stock was to BUY THE BREAKOUT at .0488 roughly a week after I posted my initial blog post featuring all my research taken straight from the company’s 5/17/SEC filing. Coincidentally, in the last two paragraphs of that research post I specifically stated the stock was not a short and that it was a potential buy and that I would buy the breakout…oh yes I followed my predictions to a T
Why In The Last Week Did $OPMG's SEC Filings Remove 61 Mentions Of $NQ, From Whom They Are 100% Reliant On A Sublicense? (Uh Oh!)
May 26, 2011 at 8:30 am by Timothy Sykes
As I explained in a blog post two days ago when it was discovered by a reporter that the president of Options Media Group Holdings, Inc. (OPMG) had a criminal record, my only trade on this stock was to BUY THE BREAKOUT at .0488 roughly a week after I posted my initial blog post featuring all my research taken straight from the company’s 5/17/SEC filing. Coincidentally, in the last two paragraphs of that research post I specifically stated the stock was not a short and that it was a potential buy and that I would buy the breakout…oh yes I followed my predictions to a T
Yup, There Are Still Penny Stock Boiler Rooms In LA
May 19, 2011 at 3:00 pm by Timothy Sykes
In a scheme reminiscent of fallen Wall Street Warrior Guy de Chimay’s fraudulent operation and this great movie, a few boiler room peeps just got busted by the incompetent SEC (like getting beaten by a midget in basketball) I’ve been meaning to write about this for the past few weeks, but as PennyStocking Silver subscribers and Penny Stock Millionaire subscribers know I got sick from working too hard, get THIS track record.
