The Second CNBC Stock Pump In As Many Days

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• CNBC
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• Manipulation
• Patterns To Avoid

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I’m always ripping on Inspectd.com for being too simplistic/dangerous/giving chart reading a bad name…here’s a perfect example why, GTE, the latest Jim-Cramer/The Rock CNBC/WWE pump…yup, it’s been a whole 2 days since the last one…hurtful to naive investors…unethical…great for speculators…wake the f%#@ up SEC!

Chart shows a clear breakout, but it’s already off its high cuz this ain’t big-time breakout-type news. Sure, shorts are scared—as they should be—Jim/Dwayne/Cramer/Johnson’s no dummie for picking a solidly uptrending stock near its highs…but c’mon, can you smell the fakeout cookin’?

UPDATE: Now TITN breaks out to a new high thanks to a CNBC ention–damn, stock promotion is a happening biz, Lebed, you must be making some good $, right? Maybe CNBC should think about getting reimbursed by these companies, just put a lil disclaimer that no naive investor would ever see…c’mon Ge, you know you wanna, get those annual profits up from $300mil to $400mil, you can do it, you can do it all night loooooooooong!

Disclaimer: I have no position in either stock, I’ve tried playing The Rock’s picks from both sides, some stay up, some reverse, no edge, not much predictability, no thanks…I just think it’s wrong how the WWE frames it, creates a lot of unnecessary bad blood, ya dig

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12 Responses

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   1

   TommyGun - April 10th, 2008 at 4:11 pm

   Timmy is that you posting in the XRM finance message board, or an imposter??

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   2

   timsykes - April 10th, 2008 at 4:14 pm

   ha i dont play falling knife charts, gotta be an impostor, what r they saying?

3. 

   3

   John - April 10th, 2008 at 4:20 pm

   That is good news for us Tim, let CNBC’s psychos pump this GTE as much as they can. I want even Jerk Macke, Gay Assdami, Karen Biche’, and pony najarian all four pump and make GTE go another 50-100% in few days. We will all have party and feast on GTE and TITN later when it starts bleeding!!

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   4

   InvestorsLive.com - April 10th, 2008 at 4:23 pm

   Tommy the name is timothsykes lol

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   5

   bryan - April 10th, 2008 at 5:21 pm

   tim HPLF is this a supernova? I had a feeling it wouldnt come up on your radar….lemme see if im learning…I know its a POS but there prolly is not enough volume…no real sideways action…and i guess mainly it just doesnt move enough…for a small account
   let me know what you think thanks

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   6

   timsykes - April 10th, 2008 at 5:29 pm

   hplf is a good find…sexy story, nice price increase, now its just gotta get more vertical a la NCEN before its a worthy short, thanks!

7. 

   7

   butterflies - April 10th, 2008 at 10:25 pm

   Hi Tim,

   What do you think of EMKR (Emcore), their balance sheet is negative but they’re in uptrend … wondering if it’s a good chance to jump in, do you think it will go down soon ?

   Thanks Tim!

8. 

   8

   traknologist - May 16th, 2008 at 11:55 pm

   I love when cnbc pumps… they’re the best.

Other Websites Referencing This Post

1. On CNOA, CNBC Aides And Abets Penny Stock Promoters | Timothy Sykes - Stock Trader, Author, Entrepreneur
2. Why I Just Shorted Eden Bioscience Corp (EDEN): TheStreet.com’s Factually Inaccurate Pump And Dump! | Timothy Sykes - Stock Trader, Author, Entrepreneur
3. Stop Shorting Penny Stocks Randomly, This Isn’t CNBC, I Want You To Profit! | Timothy Sykes - Stock Trader, Author, Entrepreneur
4. A Short Seller’s Dozen: What Stocks Get Pumped, Must Come Down, Usually | TIM - Timothy Sykes

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