Breaking News Rumor: Trader Monthly / Doubledown Media Flat Broke, Forced To Turn Off Air Conditioning
Wow, the immature prick that I am, I’ve dreamed of this day ever since their sick twisted son of a bitch editor-in-thief Randall “The ideal reader is 29 years old, making $400,000 a year, and spending all of it.” Lane’s smear campaign of me waaaay back in early 2007, but now it looks to finally be coming true. Rumors are flying that after losing an arbitration case with Private Air (who after “buying” their magazine, they allegedly stiffed), now they are flat broke and have turned off the air conditioning in their midtown Manhattan offices!
Karma’s a bitch, huh Randy?
It gets worse, apparently the Refco carcass is also demanding the money Doubledown owes them!
Doubledown never became a publicly-traded stock, but based on their many sins of the past, media manipulation, enemies they made along the way, lawsuits, etc.–well, they’re a prime example of how corrupt and incompetent most tiny companies are.
Randy, FYI, next time you might as well do a pump and dump BEFORE your business fails, the key to this game my friend is capital…and you ain’t got none.
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| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| Sept 4 | COIN | $5.70 | $6.21 | $745 |
| Sept 3 | COIN | $6.49 | $6.30 | $305 |
| Sept 3 | COINW | $2.75 | $2.85 | $180 |
| Sept 2 | TAYD | $7.51 | $8.13 | $545 |
| Aug 18 | FOUR | $2.80 | $2.66 | $342 |
| Aug 14 | APII | $2.66 | $3.30 | $1261 |
| Aug 12 | APII | $3.25 | $3.40 | $285 |
| Aug 7 | NOBL | $5.02 | $5.49 | $680 |
Total: $26,508 (
114%)
1Bob (VC)(TIMBUCKS: $237)
June 27th, 2008 at 11:27 am
No air conditioning huh… If revenge is a dish best served cold it would appear karma is a dish best served hot…
2Rambone
June 27th, 2008 at 11:28 am
BPG break out on high volume .48. If it retest day highs I’ll be interested.
3Adam(TIMBUCKS: $47)
June 27th, 2008 at 11:43 am
funniest damn blog post ever
4Ben_Bien(TIMBUCKS: $164)
June 27th, 2008 at 11:46 am
Randall couldn’t handle the pump
5sniper6
June 27th, 2008 at 11:55 am
I gotta say I love this shit, man! Just printing dollars all over!
6brent(TIMBUCKS: $185)
June 27th, 2008 at 11:56 am
Wish i was lucky… Guess i don’t get it. Went long on ABAT breakout only to get spooked out for a loss of $130 and now it looks as though it may be going on up… I don’t know. seems i go 1 step forward and 3 back… read the book watch the video… what am i missing?
7brent(TIMBUCKS: $185)
June 27th, 2008 at 11:57 am
boy am i P^&(^ed look at ABAT go now that i am out
8brent(TIMBUCKS: $185)
June 27th, 2008 at 12:00 pm
ABAT going to be a double top failure ???????????????????????
9Ben_Bien(TIMBUCKS: $164)
June 27th, 2008 at 12:19 pm
Brent you read the book and watched the DVD? That’s pretty good but you’ve also got to have some experience seeing these things move since the chart patterns don’t always stay the same or do the same things. As Tim says time and time again, “patterns evolve”
10lmsmith
June 27th, 2008 at 12:20 pm
Wow….KHB is moving- WTF is going on???
11Rambone
June 27th, 2008 at 12:21 pm
Brent what price did you buy ABAT at?
12brent(TIMBUCKS: $185)
June 27th, 2008 at 12:23 pm
okay where do we go for the weekly video at 1pm
13monkiman
June 27th, 2008 at 12:23 pm
old saying still hold true…wat goes around comes around….
14brent(TIMBUCKS: $185)
June 27th, 2008 at 12:23 pm
5.99 out at 5.70 thought it was breaking above 6.
15brent(TIMBUCKS: $185)
June 27th, 2008 at 12:24 pm
1st thing this a.m.
16sniper6
June 27th, 2008 at 12:25 pm
earnings today- not quite as bad as expected. temporary glitch IMO
17Ben_Bien(TIMBUCKS: $164)
June 27th, 2008 at 12:27 pm
dude, brent, ABAT ain’t even breaking its high of $6.05, so just like you said its showing an intraday double top, looks very scarrry for longs here i’d say. i can’t do jack since my account is frozen but in my opinion ABAT looks like a good intraday scalp of around 20-25 cents, which is not bad of a gain if you can afford 1000 shares
18brent(TIMBUCKS: $185)
June 27th, 2008 at 12:31 pm
i am on my last bullet if i use until next Thursday. Sure would like to make it count for something…
19Rambone
June 27th, 2008 at 12:31 pm
Reason I ask is never buy a stock on the first attempt at a resistance break. For the most part stocks take several attempts to break resistance and likewise with a break down of support. Going back to last year 6 looks like resistance so I would have held off on a first attempt. Look at two big caps MGM and LVS as recent examples of support.
MGM hit 40 support a few times. I would never short MGM on the first attempt at 40. Believe it or not it’s good to buy a stock that hits support as many times you get a nice spike. Eventually after 2 more attempts the stock tanked. I’d put in a short sell in this case at 39.90. A dime below support to make sure it’s not a fake read.
Look at LVS from yesterday to today at 50. Similar pattern to MGM. Nothing works 100% in the market but the majority of times if you study charts this is my take on them.
20brent(TIMBUCKS: $185)
June 27th, 2008 at 12:35 pm
thx rambone, and as we speak ABAT is coming off its 1st intraday attempt. Good obserationg Ben
21brent(TIMBUCKS: $185)
June 27th, 2008 at 12:35 pm
obserationg = observation
22brent(TIMBUCKS: $185)
June 27th, 2008 at 12:41 pm
Rambone: interesting charts indeed. and CNBC just talked about how Las Vegas is seeing lowest discounts since 9/11.
23sniper6
June 27th, 2008 at 12:44 pm
bot 500 GSS @ $2.88
24Rambone
June 27th, 2008 at 12:48 pm
Take a look at COIN. Jun 12 held the 6 month support line of 6. Bounced to 7.70 2 weeks later. Yesterday and today finally broke that mark touching 5.55 twice. Currently at 6. It can’t break resistance which was support. This stock is going to touch 5 within a week or two. This is the type of stock you could have a multi day hold on. Problem here is volume sucks and the stock is no longer in play. Money can still be made just takes longer.
25sniper6
June 27th, 2008 at 12:52 pm
the future is golden
26simonyadig
June 27th, 2008 at 12:52 pm
“No air conditioning huh… If revenge is a dish best served cold it would appear karma is a dish best served hot…”
Or at least very uncomfortably warm.
27brent(TIMBUCKS: $185)
June 27th, 2008 at 1:03 pm
how do i get to the Tim live program?
28sniper6
June 27th, 2008 at 1:17 pm
waiting for HYGS to test 52 wk high
29jesseb(TIMBUCKS: $95)
June 27th, 2008 at 2:12 pm
I don’t know if anyone else has this problem, but I’m always having issues with Mogulus when streaming live. Could be because I’m going through a proxy…I dunno.
And the chat won’t work to save mine OR Tim’s lives :(
30AdamN(TIMBUCKS: $61)
June 27th, 2008 at 2:19 pm
Nice breakout on ABAT, in 500 @ $6.09.
31brent(TIMBUCKS: $185)
June 27th, 2008 at 2:20 pm
is that a break out on ABAT? low volume though?
32AdamN(TIMBUCKS: $61)
June 27th, 2008 at 2:34 pm
Since when is 2.5 million low volume? Take a look at the daily chart on ABAT.
33brent(TIMBUCKS: $185)
June 27th, 2008 at 2:39 pm
shows u how much i know…
34brent(TIMBUCKS: $185)
June 27th, 2008 at 2:40 pm
look at it go. good job adamn
35balls...or just plain nuts...
June 27th, 2008 at 3:44 pm
bought 1000 cneh 4.64
36timothysykes
June 27th, 2008 at 3:53 pm
bought CNEH 4.60 TIMalert, TIMalert and a new post:
http://www.timothysykes.com/ti.....-demand-2/
37balls...or just plain nuts...
June 27th, 2008 at 3:54 pm
bought 1000 hygs @1.44
38Rambone
June 27th, 2008 at 3:58 pm
Brent,
Good work spotting the trend. Just work on entry and exits. Look at BPG I mentioned this earlier. Broke resistance then came right back. I bought it as it hit high of the day on the second attempt. Same pattern as ABAT today. They usually take out resistance after several attempts. High of the day on second attempt is a good buy indicator. Yesterday I bought URRE before the break assuming at 3.98 it would take resitance. I lost $.10 a share on that one. Didn’t even follow my own rules. Stick to those basic rules. You won’t bat 100% but they will limit bad entries.
GL
39brent(TIMBUCKS: $185)
June 27th, 2008 at 4:20 pm
i see what you mean on BPG and ABAT for that matter. Sure am trying to break my losing streak. With some help here, maybe i will… Thanks.
40brent(TIMBUCKS: $185)
June 27th, 2008 at 4:22 pm
ABAT: looks like quite a bit of congestion here back in Nov. 07. I guess if oil keeps doing what it is doing then ABAT will challenge the 9.66 high in Oct. 07
41morrisix
June 27th, 2008 at 9:15 pm
Brent, Have you been in Green on the Screen chat room?
I ask because 13th Floor ( moderator ) has stressed even, whole, numbers, like 6, are areas to be careful of. ( Hard to break thru, up or down.) Many, set stops, exits,taking profits….in these areas. Many of 13th’s picks are even based on this theory. Hope this helps a bit.
42Thomas Katalenas
June 28th, 2008 at 2:09 am
Anyone looking to Short BPG for monday and Tue? I am.
43YngvaiMalmsteve(TIMBUCKS: $593)
June 28th, 2008 at 10:40 am
BPG is a breakout. I don’t know why you would short a breakout….good chance of getting squeezed.
44cash(TIMBUCKS: $106)
June 28th, 2008 at 6:18 pm
Keep us posted on this POS. He sounds like he is a real ass.