TimothySykes.com Just The Latest POS Hype Play, aka Why PennyStocking Works
Posted by timothysykes on Fri 14th of Mar, 2008 02:50:06 PM
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Publicly and privately, I’ve been getting asked by lots of people why I devoted so much blog/time to featuring Spitzer’s call girl when I’m really supposed to be teaching stock trading…more specifically, PennyStocking. The end result being a deluge of emails, visitors, etc. all of which have sapped my time to blog/research/trade. (Good thing there haven’t been ANY worthy PennyStocking opportunities).
So, here’s my rational: my little buy the micrcrap hype, short sell when reason comes back in trading strategy is quite the oddball so I’ll forever be forced to use real world analogies to make it more understandable.
With that in mind, let me introduce you to the latest pump and dump du jour: TimothySykes.com (Nasdaq: T-EGO). That’s right kiddies, thanks to featuring “an exclusive Facebook conversation” (which may or may not be really her–not that it matters now or really ever) with Spitzer’s call girl, this tiny stock blog’s visitor traffic surged 800%. I do give the guy credit—by buying into a hype-able story early, he saw an opportunity to exemplify/teach his trading strategy/increase his biz/exposure, but now what?
Normally, I like shorting into POS companies that have risen 200-300%, but an 800% increase is simply out of this world ridiculous! Now, it’s game over. At least for the time being. Think about it, this kid, this promoter—Timothy Sykes—thinks he’s gonna teach everyone to learn how to trade penny stocks and microcraps? C’mon, that’s a fine little niche strategy, but I seriously doubt most people will want to put in the time and energy to learn all the subtleties of the market, especially since it’s such an unscalable strategy. What’s funnier is he advocates short selling these crap companies! Uhhh, can you say risky?!?!?
Listen, I’ve been reading—and writing—this blog for a few months now and I gotta tell you, he’s dreaming if he thinks our overly lazy / stupid society will be into his outlandish trading style. So what if his results are audited, he’s never made more than a few million dollars in his little life! And, it’s clear to me sitting in front of his screen nearly every day for the past decade has made him more than a tad crazy.
Sure, his daily traffic of 3,000-ish visitors is decent for a new stock blog (he only gets that thanks to constant promotion and the fact that his TV show is still (somewhat) fresh in people’s minds), but yesterday’s 24,000+ visitors can hardly be considered anything other than an aberration that surely will not—and cannot—last.
Simply put, T-EGO’s traffic is destined to return to average levels, maybe not all the way, but probly down to the 4-5k daily visitor range. This is why if I could borrow shares to short it, I def. would—ahhh but here’s the hitch to this strategy—sometimes with perfect plays like this, there are no borrowable shares to short! And, since it’s not even a real stock—yet—there actually aren’t any shares whatsoever, it’s all in this poor bastard’s mind! Sure, the blog trades on the BlogShares market, but c’mon, betting on and against blogs—what are we 14?!?! That’s gotta be one of the biggest wastes of times ever!
And, I bet if you ask BullShip Press CEO Timothy Sykes his opinion, he’ll say everything is great, lots of this newfound traffic signed up to his RSS feed, advertisers are signing on
HERE to bring some nice revenue, his contest to giveaway a $300 product for FREE
has been embraced by many of the new visitors, his TIMlinks program is doing great, TIMbucks is gonna rock the world when it debuts in a few weeks, blah blah blah—it’s all hype–no different than the Bear Sterns CEO reassuring everyone by saying blah blah blah right before a massive 46% tank. Pathetic.
TIM Lesson: Never believe a word a CEO says, they’re all scum, having sold their souls years ago in the name of expansion!
All CEOs HAVE to be optimistic, this is why I put MUCH more faith in my trust charts—they can’t sell their souls, they can’t lie, aka much more reliable. Take a look at T-EGO’s traffic so far the day after the big spike, down biiiiiiiiiiiiiiiiigtime! Nearly back down to ordinary levels…Suck on that Sykes!
TIM Lesson: T-EGO is just the latest hype play up exponentially on one-time fluff news, these are the kinds of opportunities you gotta learn to take advantage of by short selling into the hype!
Check out my brand new DVD, ShortStocking - the only guide you'll ever need to profit from short selling!
lmao!!!!!!!!!!!!!!
Genial!
Oh man…here he goes again!!! TALKING IN THE THIRD PERSON! NOW TYPYING?!?!
Better break out the Haloperidol. Schizophrenia is starting to peak it’s head out again.
Tim you are absoluly right I would short your ass. But Never on the first day. I would wait for the Mid Day break tomorrow.
Enjoy the ride down…
Normally I’d agree about not shorting on the first day, but a governor sex scandal/facebook convo doesn’t have staying power. Too much competition now, sometimes you gotta short directly into the madness and risk a little pain
hahahahhaha
love your example…reading trough your post i was thinking …i wana short tim…
i’m counting the days Tim fades into oblivion… i wish T-EGO traded… would be an excellent short
Tim…Dude…Next to you, Tom Cruise appears sane and modest.
Tim
Great post, I like your strategy more and more everyday. Thanks for the insight and I hope to join you in the shorting crappy microcraps world
yes you are right Timmay!!!!!…. where is Mar 13, Mar 14, Transparnt Investment Management?
No TIM trades the past 2 days, I’m not gonna keep on saying “no trades today”, I’ll just detail any trades I make
you guys are starting to think that TIM owes you something. Be patient! One of TIM’s lessons is that you don’t have to trade everyday
nice analogy. sideways site traffic action until you get a huge spike from a sex scandal blog (no pun there byt the way) and next thing you know, you
Tim,
Any thoughts on HSVLY in this market?
sorry Tim
CF, MOS ??? beautiful charts??
“The end result being a deluge of emails, visitors, etc. all of which have sapped my time to blog/research/trade. (Good thing there haven
LOL, Ben, you silly little boy, you haven’t been paying close enough attention…I don’t play those kinds of stocks–too many large players, too much unpredictable news / guesswork. Do some DD on my strategy before you exemplify the kind of idiots in finance who jump to conclusions too quickly.
PS judging from your own PATHETIC Covestor performance, you should learn to be more choosy too! good day
i love the dumb vs. dumber bashing on this site!
brilliant, just brilliant. Damn! I should have shorted T-EGO yesterday into the open today! ;)
aaaaaa, quit bullsh*tng, ….
I am new to this blog. From reading this blog I am starting to understand the strategy of shorting penny stocks. I think the idea is brilliant, I am new to trading and have been caught by the Pump and Dump schemes that go on. About a year ago I bought into a company called OCTH (Occupational Therapeutics) from the pump that occurs on the message boards only to loose 1/4 of my money in less than a week. Another example is placing money into a company called GTE with their Sanswire ship. Press release after press release at how revolutionary this blimp was going to be (it was even featured on discovery channel). Then the ultimate pump and dump came when the company issued a press release that Russia had placed a 600 million dollar order with the company and that they would be collecting a percentage of it within weeks. The money never came and the CEO issued a press release that the contract was null and void. Stock tanked. Lost 1/4 of 401k money. These companies issue phony press releases and like the examples I have detailed have changed their names and ticker symbols, the ticker symbols are current. I have been paper trading TIM’s strategy and it is very effective. I have been following CVSC and realize it is being pumped again gaining 37% today. I will paper trade this when it gets back to 2.75 ish and see what happens. Thanks TIM for the blog.
OPTM 20% up on no news (?) what is your take, Tim?
how do you like ABH?
its been constanly heading lower and now its up around 30% in the past 2 days.
Hey ben, I give you props bro, even though your annual sucks, you sitll put up on Covestor. I can respect that. The reason your plays aren’t in line with this blog are simple though… you’re looking at a bunch of plays that have bottomed on volume. You definitely like this pattern, and if that eventually works for you I will be the first to want to know how. But right now, none of those plays are even close to what Timmy’s been promoting. Every day I learn more, this isn’t my only source but definitely one I can rely on. Keep posting and keep learning bro.
Honestly Tim, I think you have a great sence for the game thats called life. I have little experience from the stock market but ive played poker successfully for a couple of years and I can tell you have a great sence of human psychology and gambling atitude. No matter where you apply it you will succeed! Keep on fighting!
Mr. Jerry Springer,
Now that is an entertaining post….nice work
TIM! Thanks for the response. Aside from the cursing in my original comment, I meant no criticism toward you but in your response it appears that you took it that way. But you’re wrong on one thing, I’m not just a silly little boy, I’m quite retarded for my age. Perhaps the majority of kids going to school here at my campus think about three things: drinking, getting laid, and grades. But you and I share one thing my friend: we think about stocks. However, I know you think about stocks differently than I do, and that is why I visit your site and read your articles. You say you are a teacher. Well, I am a student, and I am keeping my mind open to what you have to say. And as for your success and I am completely convinced of it, unlike other people. I showed my friend your site—who also invests, though he attests to using ‘value investing’—and after reading your bio he simply wrote you off by saying “he just got lucky”. Fuck that. I accept and agree that you have done what you have done through SKILL and I intend to do the same. Right now I’m 20 years old, I got started around 9 months ago, and I just opened my Covestor account in January. So you’re right, I do have a PATHETIC record, but that’s because I haven’t been using any penny-stocking strategies until recently. Check how I’ve done since March. That’s when I started zeroing in on immediate opportunities; and granted, it’s still not a great record (since March) but you MUST agree and admit that I have improved since then. Anyway, I will be keeping track of your articles because they are entertaining to read and I only hope for the best for you since we are of the same breed: we’re both philosophy students, risk-takers, and self-confident smart-mouths.
Take care motherfucker
This is all great!
Well played Tim, well played.