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12 Stocks I'm Watching For Potential Short Sales

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Written by Timothy Sykes
Updated 2/21/2021 3 min read

Sent to TIMalert subscribers early this morning, some have already rolled over and subscribers have banked, namely on SRZ:

Well now I’m just feeling bittersweet—sweet because there are soooooo many potential plays every day, bitter because I’m screwing most of them up. The fact that literally dozens of PennyStocking DVD students are banking on various plays like SRZ, CHUX, OGXI and PERY shows how great the strategy is and how one day, if you watch my DVDs and learn enough, you won’t need me anymore (because I’m not all that great in the first place, I’m like Archie Manning and you are Eli or Peyton!)

CHUX has now doubled off its low on that analyst upgrade, but it doesn’t have any resistance until $6….yes, shorts can be in waaaay more pain, don’t short until you see this thing fading. And good luck finding shares to short!

CPY has the same kind of death spiral chart, first big up day yesterday, up 124%, no resistance anywhere soon, same scenario as CHUX

CTZN is a speculative Bancorp up a ton, will it go bust or no? Total guessing game, I hve no idea, like playing roulette, no thanks

DRYS is the top dry bulk shipper that’s making all the other little shippers jump in price too, not for me, maybe their biz is rebounding or will soon, I can’t judge that and neither can anyone else

EXM is the same as DRYS, no thanks, I’m not into shorting real companies

EGLE is another shipper.

FREE does the exact same shipping thing, see a pattern yet or do you think the stock really is random? LOL

OCNF is another shipper, just up the least because they’re the worst…not for me either way

OGXI is the one I really screwed up on, I shorted at $8.75, then covered for quick gains because I’m a little bitch and it wasn’t perfect, yesterday it drops 25% and I do nothing because a.) it dropped to quickly for my comfort level and b.) I was filming a new $99 2-hour intro instructional DVD (contact me if you’re interested in it and I’ll keep you in the loop)…pathetic I missed it, my apologies, only good news is that if you’d watched my DVDs, you’d have anticipated me screwing up and you woulda banked because the pattern was easy (especially in hindsight!) SB is another shipper on my screen, just say noooooooo

SRZ just keeps going, solid morning spike/afternoon fade…still not red on the day meaning there could be another green day today.

PERY dropped biiiig, I did nothing again due to filming…tough to make DVDs, but I gotta make em or else you guys don’t understand my strategy, as evidenced by the boatloads of dumb emails I get from TIMalert subscribers too cheap to buy a $300 DVD (hence the $99 intro DVD) tha explains why I trade the way I do!


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Timothy Sykes

Tim Sykes is a penny stock trader and teacher who became a self-made millionaire by the age of 22 by trading $12,415 of bar mitzvah money. After becoming disenchanted with the hedge fund world, he established the Tim Sykes Trading Challenge to teach aspiring traders how to follow his trading strategies. He’s been featured in a variety of media outlets including CNN, Larry King, Steve Harvey, Forbes, Men’s Journal, and more. He’s also an active philanthropist and environmental activist, a co-founder of Karmagawa, and has donated millions of dollars to charity.
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* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”