No trades today, just a review of all the microcrap happenings…no matter how hungover or how many meetings/chores/classes you have, always always always review and prowl the landscape for potential opportunities Isn’t that pretty? Awww almost as pretty as VVTV, … Continue reading
Tag Archives: Short Selling
I Had A Rough Day aka No Playboy Centerfolds For Me :(
March 24, 2008 at 4:57 pm
by timothysykes
COIN’s $1 spike at the open makes me feel better about covering too early last week, gotta be careful with momo plays in this sneakily-emerging bull market. MALL and VVTV displayed the exact same kind of forced buying Thursday into … Continue reading
Yup, Even A $12 Loss Offers Important Trading Lessons
March 21, 2008 at 2:04 pm
by Timothy Sykes
Why bother detailing a $12 loss? Because every trade matters, the good, the bad and the scratches. Important lessons are everywhere… Shorting 400 COIN at $8.78 right before the market close on Wednesday turned out to be a good idea. … Continue reading
37 Key Points Of My Successful Trading Philosophy
March 17, 2008 at 10:59 am
by timothysykes
Since the vast majority of emails I’ve gotten recently have come from people who are unwilling to read through all my blog posts, too poor/cheap to afford my DVD or too lazy to pick up my book to better understand … Continue reading
A Scary Perfect Short Into A Slumping Supernova
March 9, 2008 at 10:38 am
by timothysykes
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
Hey, I May Be Stupid, But I’ve Got A Great Strategy, aka Anyone Can Do This!
February 28, 2008 at 1:26 pm
by timothysykes
TIM $16,006, Up $318, Bad Entry, Pathetic Exit, Decent Profit, Welcome To My Life How can anyone want to buy a crap stock—with thousands of bitter shareholders who bought in at much higher prices now looking to sell on any … 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
After The Morning Rain Comes The Afternoon Sunshine
February 26, 2008 at 5:16 pm
by timothysykes
TIM $15,828 Up $243, One Bad Trade, One Perfect Trade Today I focused all my time and energy on the two hottest microcaps, COIN and SHZ. As I detailed in this post, I screwed up COIN royally. Typical of a … Continue reading
How To Play Small Cap Spikes Like Cell Genesys (CEGE)
February 22, 2008 at 2:26 pm
by timothysykes
By now, you all know I put waaaay more trust in chart patterns than I do BullShippers like corporate management and ANALysts. Stocks trading under $5 all have unique mind-blowing stories, but their fundamentals are non-existent, which is why I … Continue reading
36 Hours In The Life Of A Trading Addict
February 15, 2008 at 5:18 pm
by timothysykes
TIM $15,220, Up $485, An Ugly Way To Make An All-Time High 2/14: Get 2 hours of sleep from a late night of writing/researching potential plays, wake up at 7am for a 9am filming with CBS Sunday Morning. I’ll miss … Continue reading