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Posted 1 month, 22 days ago.

TIM 2nd Quarter Review: I Suck But Most Everyone Else In This Joke Of An Industry Sucks Worse

After only a decent April (see monthly review HERE) and a heartbreaking (wasted opportunities galore) May (see monthly review HERE), my 14% June return (see monthly overview HERE) basically made my 16.6% quarter, my trading account surging from just over $17k to just over $20k, allowing me to continue to rip on this joke of an industry since even with all my mistakes I’m still doing better than 99% of the people out there, most of whom perform slightly worse than the major indexes (90% of traders lose $, 70% of fund managers fail to beat the S&P 500 cuz they’re schmucks!):

Below are all my trades and best/most important posts from the quarter that was:

TIM’s trades for April, 2008

Date	Stock	Buy	Sell	Net
April 2	ASTI	$13.10	$13.13	$0
April 7	SYNM	$1.07	$1.20	$370
April 9	PSTI	$4.65	$5.00	$330
April 10	PSTI	$4.27	$4.38	$180
April 15	KOG	$2.82	$2.75	($50)
April 17	VISN	$14.45	$14.16	($180)
April 18	EDEN	$2.35	$2.55	$180
April 21	EDEN	$2.01	$2.20	$257
April 24	PDO	$6.15	$6.22	$27
April 28	PDO	$8.18	$8.84	$135
April 29	MXC	$10.50	$10.00	($264)
April 30	BSHF	$2.61	$2.55	($74)

April Up 5.15% (Read full article)

TIM’s trades for May, 2008

Date	Stock	Buy	Sell	Net
May 2	VM	$3.97	$4.01	$12
May 5	LGDI	4.42	$4.67	$353
May 6	VRML	$4.42	$4.36	($180)
May 7	VRML	$3.05	$3.75	$890
May 12	CNEX	$7.20	$6.00	($740)
May 16	KYUS	$2.50	$2.49	($67)
May 19	FPP	$4.13	$3.92	($363)
May 19	MXC	$27.50	$27.08	($95)
May 21	FPP	$8.02	$7.44	($599)
May 21	PDO	$27.49	$26.38	($343)
May 22	FPP	$6.25	$7.00	$505
May 23	PDO	$21.00	$20.00	$310
May 28	NTI	$12.00	$12.47	$483

May Down 2.67% (Read full article)

TIM’s trades for June, 2008

Date	Stock	Buy	Sell	Net
June 2	NTI	$13.76	$13.70	$50
June 4	GRO	$6.91	$7.37	$230
June 4	PTEK	$4.90	$5.15	$135
June 5	PTEK	$5.14	$5.40	$470
June 9	PTEK	$4.74	$4.69	$53
June 11	STXX	$4.22	$4.00	$250
June 12	STXX	$4.99	$5.34	$659
June 18	HYHY	$2.26	$2.38	$262
June 18	TGC	$1.69	$1.78	$250
June 18	HYHY	$2.28	$2.31	$40
June 20	PINN	$3.31	$3.44	$175
June 24	URRE	$3.90	$4.05	$205
June 25	URRE	$4.39	$4.40	$2
June 30	CNEH	$4.60	$4.88	$393

June Up +13.84%

Quarter +16.6%

Fun Times:

Grad student uses my DVD to make $50,000+

Although my strategy also helped someone make $300k

Ding dong, the witch is dead! Or close to it

Newbies gotta learn to shut up…but only on other sites

The most thorough review of my PennyStocking DVD yet

This is what I do on my birthday…can you say workaholic?

Is that really Maria Bartiromo? Wow

Kids, don’t grow up to be Randall Lane, seriously.

Important Lessons:

Gotta buy perfect breakouts like this

Yup, this is what all these stocks are

Go on, be a Tiger

Or a lion

Trust nobody in this gutter of a profession

Suck on this Dennis Gartman, you just got outclassed BIGTIME!

This is required reading, it’s not optional

This is what sideways price action is

Books you gotta read, HERE and HERE

This is what short selling is, learn it or suffer like everyone else

Penny stock misconceptions

Stop shorting random penny stocks you friggin hyenas!

Rants:

Covestor is my best friend

What I mean when I say Osama bin SEC

Gotta love my haters, thanks guys!

The SEC is following me!

Typical Wall Street prick

Most financial writers suck too

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