How I Made 35% In One Day Trading Penny Stocks

Remember my weekend posts detailing why SPNG is a pump and dump HERE and HERE?

Well, most people didn’t believe me (even though all I did was quote existing SEC filings (most people are too lazy/financially-illiterate to read them), ignoring my 380% return over the past 18 months, #1 out of 25,000+ investors on Covestor ranking and the fact that I’ve made millions trading these EXACT kind of manipulated stocks over the past decade (PAST PERFORMANCE IS OF COURSE INDICATIVE OF FUTURE RESULTS…ESPECIALLY ONCE YOU PROVE YOU’RE NOT A TYPICAL PENNY STOCK MORON), the fact is the 1st down day on a pump & dump is a great short signal.

The fact that there’s a potential SEC investigation going on with SPNG speaks volumes! (who knows if its true, but odds and circumstances say yes)

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And within an hour yesterday (into the morning panic that PennyStocking Part Deux DVD students know well), I’d covered my short at just over 11 cents/share from 18 cents, timing it perfectly (it’s easy on OTCBBs since you can see the bid/ask momentum changing ahead of time), earning $600+ on a measly $1,800ish investment:

Some TIMalert subscribers banked alongside me on the short, others wisely used my buy-to-cover alerts as a buy signal, profiting when the pump and dump bounced 30%…there’s more than one way to play these things just gotta understand all the various patterns:

Covered 5,000 at .13 for $200 profit and made another $100 on the way back up. Thank you tim, this just paid for my TIMalerts subscription.
-MC

+$1041.80 on SPNG, not bad for holding it less than one full trading day.
Reaper

SPNG +$97.07. Today total = $689.57
-SG

I just have to say that I really have more admiration for Tim after this call. My monthly trial of TIMalerts is going to annual when it expires. You the man Tim, with people cancelling their service and the pumpers bashing you on the message boards, you delivered.
-David

Posted in Good Trades, Short Selling

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26 comments

Timothy Sykes

Hey Everyone,

As many of you already know I grew up in a middle class family and didn't have many luxuries. But through trading I was able to change my circumstances --not just for me -- but for my parents as well. I now want to help you and thousands of other people from all around the world achieve similar results!

Which is why I've launched my millionaire challenge. I’m extremely determined to create a millionaire trader out of one my students and hopefully it will be you.

So when you get a chance make sure you check it out.

PS: Don't forget to check out my free Penny Stock Guide, it will teach you everything you need to know about trading. :)

  1. Big T

    I banked too. I had a small paper traded poition on SPNG short. I sold short at near .18, near the start of the morning panic, and covered at nearly the same point as Tim, .11ish, for like 55 clams from 1000 shares.

  2. Big T

    I banked too. I had a small paper traded poition on SPNG short. I sold short at near .18, near the start of the morning panic, and covered at nearly the same point as Tim, .11ish, for like 55 clams from 1000 shares.

  3. Timothy Sykes

    We better alllll be banking on GWSC, shares aplenty at thinkorswim, i’m short 3000 at $2.76, delayed quarterly report in an SEC filing, dirrttttyyyy

  4. Timothy Sykes

    We better alllll be banking on GWSC, shares aplenty at thinkorswim, i’m short 3000 at $2.76, delayed quarterly report in an SEC filing, dirrttttyyyy

  5. Big T

    Hey Tim, I have a margin TOS account, but all my money is in IB, for pattern day trading requirements. I have not funded TOS and this cost me any ability to short GWSC, which is *really* due to some correction-it being a prime short on your alerts from YESTERDAY, when it failed to “tank” just yet. But , as all pumpers, the balloon gotta pop sooner or later, usually sooner…

  6. Big T

    Hey Tim, I have a margin TOS account, but all my money is in IB, for pattern day trading requirements. I have not funded TOS and this cost me any ability to short GWSC, which is *really* due to some correction-it being a prime short on your alerts from YESTERDAY, when it failed to “tank” just yet. But , as all pumpers, the balloon gotta pop sooner or later, usually sooner…

  7. Big T

    I know you are banking coin, but…

    Since GWSC closed at like 3.27, and opened nominally gapping up from there, you might have entered short a tad late, arguably, since it was trading *below* its close of yesterday making it net negative on the day at any price *lower* than 3.27.

    2.76 is like the bottom of the 1st 5 minute candle, Tim…

  8. Big T

    I know you are banking coin, but…

    Since GWSC closed at like 3.27, and opened nominally gapping up from there, you might have entered short a tad late, arguably, since it was trading *below* its close of yesterday making it net negative on the day at any price *lower* than 3.27.

    2.76 is like the bottom of the 1st 5 minute candle, Tim…

  9. Blaze

    Tim,

    I am a college student with 12k saved up. Where can I open a margin account to short stocks?

  10. Blaze

    Tim,

    I am a college student with 12k saved up. Where can I open a margin account to short stocks?

  11. propTrader

    damn only made $200 on KBLB, knew it was dropping, perfect afternoon fade – ‘cept i typed the wrong number of shares in, ten times too little, grrr shoulda been a 2k day for me today

  12. propTrader

    damn only made $200 on KBLB, knew it was dropping, perfect afternoon fade – ‘cept i typed the wrong number of shares in, ten times too little, grrr shoulda been a 2k day for me today

  13. RyRy

    Ahh. I’ve been playing GWSC for about 5 days now. I panicked when it dumped and took a big loss. Now, I can’t find shares to short. ToS hasn’t been the best for me. I’m 0/23 now in short requests since I’ve started with Tim’s program. Time to find another broker?

  14. RyRy

    Ahh. I’ve been playing GWSC for about 5 days now. I panicked when it dumped and took a big loss. Now, I can’t find shares to short. ToS hasn’t been the best for me. I’m 0/23 now in short requests since I’ve started with Tim’s program. Time to find another broker?

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