The Latest Monster TIMalert Victory: Action Products International, Inc. (APII) Down 45% Since Alert To Short

Posted by timothysykes on Fri 15th of Aug, 2008 10:30:46 AM

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As I detailed in THIS post my reasoning for shorting APII, the odds caught up with them–them being an incompetent poorly run company, as evidenced by too many “earnings statements” & that nasty long-term stock chart–as they reported their latest shitty/bankruptcy-esque earnings.

Stock up 700% in 1 month + shitty earnings = inevitable bigtime tank

I knew entering my short ahead of earnings was risky, as I wrote in this TIMalert sent to subscribers when the stock was at $3.30:

yes the volume has faded, yes its finally red on the day, yes, it just took out the day low, but this is dangerous with earnings coming out tomorrow. i prefer to live dangerously. but that’s just me. no idea how long i’ll hold, could be 1 hour, 1 day, 1 week, i am aiming for a crack ofyesterday’s lows as that would make me feel very comfortable holding overnight, but we’ll see…the key is to judge these plays by price action, enter when you’re comfortable, exit when you’re not, always try to minimize losses.

…but that risk paid off

tankagae The Latest Monster TIMalert Victory: Action Products International, Inc. (APII) Down 45% Since Alert To Short

…which is the definition of a good trade: understanding one’s risk…Personally, I didn’t think it would collapse so quickly–most don’t, but my last 2 TIMalert shorts on USS and MKTY (see how they fared HERE) prove the current market environment loves punishing these turds–so when I covered into the morning panic at $2.66 for a $1,200 gain (5 minutes later stock was at $2.20ish…right now it’s sitting at $1.80…blehhhhh $1,500 profits left on the table) but I just wanted to get over $25k) pushing my tiny TIM account over the key–at least according to Osama bin SEC (see explanation HERE)–$25,000 threshold to $25,716, up 9% on the month, 107% since I started this quest back in November 2007. Which I do have to mention crushes ANY return of ANY newsletter writer/gruru/expert–percent-wise–especially considering all my trades are verified by Covestor, all trades are detailed HERE and I’ve made plenty of mistakes along the way aka haters got nothinnnnnnn!

PS Haters, learn to attack you’re opponent when he’s down, not when he’s just made his single greatest call to-date and has these ridiculously amazing TIMalert testimonials (see all the rest from previous alerts HERE) below to back him up and drown out the small losses–think average loss of $100–when he was too early with his short the first time around:

I’ve got other things I need to do. I closed my last APII shorts. Total profit: $3267.55.
-Reaper

This profit was cost of 3.35 average, buy back at 2.03, so $1304 plus the $934 I’ve already made, so total of $2238 thus far. Still holding 2K short.
-David H.

Thanks Tim on APII. I made 1500 from this trade
-Sundar

This was my first Timalert and so far I’m up $1,800 (1500 short at avg. 3.35).
-MB

I covered mine at around $2.45. Made enough to pay for Tim’s PennyStocking DVD that I ordered a couple of weeks ago plus now I made enough to also pay for TIMalerts for a year!
-NG

a nice profit off $241.50. Thanks for helping a college student with a poor paying internship out….you tought me more in a few weeks than Merrill Lynch has in a few months!
-M

Short 300 shares at 3.147 covered at 2.254 for a profit of $247.90 after fees… To date I am up $469.80 since joining TIMalerts starting with a $2k account.
-YG

just covered 500 APII $427 profit on my first TIM trade. You’re the man Tim!
-JP

Covered 800 shares @ 2.37 $664 profit on my first TIM trade. Thank you
-Todd

I shorted in afterhours (500 shares at $3.00). I covered at 2.27 within minutes of market open. Awesome gain!
-patel

Tim you made $1000 in roughly 45 minutes of the market open!
-Plombardo

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Who Is Timothy Sykes And Why Should I Care?

See Tim's full bio HERE. Tim turned a few thousand dollars into a few million by taking small gains time after time on hundreds of volatile penny stocks, discovering that his trading strategy, while consistently successful, works best for those with smaller accounts.

Determined to teach others this PennyStocking trading strategy (learn more HERE), he went back to his original $12,415 roots (already $33,956 even though the stock market has crashed) to show everyone how to turn thousands into millions, even while having a life (somewhat) and making plenty of mistakes.

How Can I Consistently Make Money In The Stock Market?

Hard work, Determination and Know How.

Hard work to learn how the greatly misunderstood niche of penny stocks provides opportunities every now and then on which you should pounce.

Determination to seek those probable profits out and know how in order to actually profit from them.

Long story short, wait for stocks that are extremely volatile - for whatever reason - and then aim to take small profits (between 10 and 50% within a few hours, days or weeks) here and there, either from betting on higher or lower prices (yes, you can make $ betting on lower prices, it's called Shortstocking (learn more HERE).

Why Penny Stocks?

As Tim explains in several ALL-NEW instructional DVDs (see them HERE) and in over 900+ blog posts, penny stocks are the most hyped and corrupt niche in the entire investment world. These two qualities make them the easiest to profit from (legally) because the vast majority of people who play penny stocks are suckers and all-around ignorant people. If you have any intelligence whatsoever, you have a clear advantage and it's like playing basketball against mental midgets.

Where Do You Find Stocks To Trade?

This is the #1 FAQ (see more HERE) and it is answered in THIS blog post.

Of course, that's just a brief introduction - to receive a full education, there is Tim's book An American Hedge Fund which is the story of his remarkable rise and lessons learned.

To truly increase your odds at profit, Tim has designed an entire set of detailed instructional DVDs, covering all the variables that amount to over 24 hours of instruction (see them all HERE)!

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TIM Trades

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Date	Stock	Buy	Sell	Net
Dec 1	TWB	$3.56	$4.20	$435
Nov 25	SRI	$3.76	$4.45	$1683
Nov 24	KVHI	$3.71	$4.28	$830
Nov 20	STXS	$3.21	$3.48	$813
Nov 18	PERY	$4.68	$5.00	$640
Nov 11	IIJI	$2.79	$2.95	$442
Nov 6	CVI	$4.42	$4.70	$530
Nov 5	MECA	$3.68	$3.95	$490

Total: $38,802 (212%)

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Date	Stock	Position	Ideal Exit	% Gain
Nov 24	KVHI	Short	$3.70	18%
Nov 20	STSX	Short	$3.10	11%
Nov 18	PERY	Short	$3.75	25%
Nov 11	IIJI	Short	$2.80	5%
Nov 6	CVI	Short	$4	15%
Nov 5	MECA	Short	$1.95	51%
Nov 4	CVI	Short	$4.81	4%
Nov 3	NAK	Short	$3.20	5%
Oct 29	EVC	Short	$2	26%
Oct 28	HSNI	Short	$6.80	7%
Oct 28	HSNI	Short	$5.75	4%

November: 9 alerts, 15% avg gain

October: 11 alerts, 14% avg gain

The Latest Monster TIMalert Victory: Action Products International, Inc. (APII) Down 45% Since Alert To Short

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