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Trading Tips-Tim Sykes Penny Stock

Catch The Next +100% Spiker

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Written by Timothy Sykes
Updated 4/15/2024 5 min read

I told you this would happen …

We learned on March 21 that the case against penny-stock promoters Atlas Trading was dropped. The sketchy group of promoters were allegedly responsible for $114 million worth of pump-and-dump schemes between 2020 and 2021.

But curiously, these individuals got off scot free in March 2024 …

This is the post that I shared when the news went public.

Now that the members of Atlas Trading are free from any lingering court cases, they have time to do what they do best: Pump stocks.

Yes, pumpers and promoters are immoral predators that capitalize on unsuspecting and less-experienced traders. BUT …  the U.S. judicial process can often turn a blind eye to white collar crime in the stock market.

The Atlas Trading boys allegedly spent 2020 and 2021 pumping stocks. And the lack of a criminal court decision reinforces the idea that they can continue to allegedly pump stocks …

Yesterday, April 15, we saw a perfect example of this dirt-bag momentum.

And there’s more to come!

Happy Birthday To Me

© Millionaire Media, LLC

These pumps are highly immoral, sometimes even illegal.

Yes, I trade the price action. But I’m not the one pumping prices …

Instead, after 20 years in this niche, I’m able to recognize sketchy pumps and play them for a profit.

These pumps have been happening ever since the sketchy boilers rooms of the early 1990s. Remember Jordan Belfort and the Wolf of Wall Street? In recent years, stock promoters turned to chatrooms and Twitter.

Yesterday, April 15, we saw a HUGE stock pump.

It was also my birthday. This stock spike felt like a special birthday present straight from the Atlas Trading boys.

See my Tweets below:

Kaival Brands Innovations Group Inc. (NASDAQ: KAVL) spiked 260% in a single day.

And it’s still in play starting Tuesday!

On the chart below, notice that the price consolidates into the close above the $6 support level. That’s a hint that the price could rally higher.

Every candle represents one trading minute:

KAVL chart intraday, 1-minute candles Source: StocksToTrade

I’m watching for the price to potentially bounce off of the $6 level and continue higher.

 

And I’m not about to stop there …

The Next Runner

© Millionaire Media, LLC

A leopard can’t change its spots. These wolves will always approach the stock market the same way …

Read the messages below sent by the Atlas Trading boys in their group chat:

“[You want to buy shares] the f*cking right way? We’re robbing f*cking idiots of their money.”

“He alerts it, and then, like, five minutes later all his little minions start, like, retweeting it, and saying ‘added with him,’ so it, like, builds the hype back up. It happens every single time. They have this sh*t down to a f*cking science. It’s great.”

Source

These losers don’t know how to trade stocks. So they break the rules and scam people out of their hard earned money.

Somehow, the case regarding their stock pumps in 2020 and 2021 was dropped. And now they’re right back where they started …

At the very least, hopefully this blog post saves you from a malicious stock pump.

But the main goal is to recognize these pumps and profit off of them.

My team and I hold trading live streams EVERY DAY to point out these profitable setups.

And it’s especially important to pay attention right now.

The Atlas Trading momentum is back. And KAVL is just the beginning.

Join us for the next trading session where we track these setups LIVE.

Quick, before we see another blatant pump!

Cheers.


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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”