How To Turn $1,000 Into $3.3M Short Selling Penny Stocks

Here is his real plan… 1 million clueless people x $1 a day. End of week Profit = $7,000,000! Come on people if he is that rich from all his trading, and wants to share the world his “secret” why not tell us on this page for free…

My name is Miss Kelli Taylor. I honestly truthfully truly really do wishes that I

could turn my pennies into ten thousand dollars by collecting pennies in my

entire life period (100) percent.

OMG gimme that ticker, i want to make fat dough.

dreamgirl (nice screen name by the way.. Confidence is a good thing 😉 )- don’t get me wrong, I would love to e-meet you on LiveStock, but I have your best interest in mind. If you do decide to come on, DO NOT, I repeat DO NOT, take anything anyone there says to heart. That includes my comments as well…

I do the math this way:

$2 sold price
$.0006 cover price

Profit per share is then $2 – $.0006 = $1.9994

Multiply that by 500 shares and you’ve got $999.70, not including commissions and margin expenses on the short.

Not sure how he ever considered his $1000 as an “initial investment”–definitely he’s confused as to what shorting is.

Lord help him if he ever gets into writing calls and buying puts! Ha ha ha.

Tim is going to hate you for saying that! He’s been begging me to go on!

Assuming you’re really Tim’s girlfriend, I have one piece of advice. Don’t ever go on LiveStock, the jackals in the chat room can be vicious!!

Maybe he is…but trust me, Im worth it! 😉

What? Is that in response to me? You know that was an attempt at humor (albeit a bad one) right..

Tims not even reading the posts anymore, he’s just scanning them so he can get back to his girlfriend… Me thinks Timmay’s in love.. 🙂

Just messin wit ya Tim

i might be shorting the next GOOG, its doubtful, but its possible–doesnt matter, i just go into these guys for the pattern, not longterm

new post:

https://www.timothysykes.com/admin/2008/08/06/suck-on-this-john-chow-my-blog-made-45000-last-month/

I first started trading fake shares on investopedia, and the first thing i learned is Patience. Don’t worry noobtrader.08 it happens.

shorty and stylekid – you guys are right that ARNA is a long-term downtrend, but the short-term uptrend has been strong…the bulls will try to take it back up. It’s not a high probability trade like a Tim trade, but it’s very high reward to risk trade. Just look at HCKT…it’s exactly the same kind of reaction I’d bee looking for. However, the way ARNA dropped at the close was not very bullish.

Well, hopefully there will be some better plays tomorrow. what a boring week. Had all kinda of fun with USS and now nothing has really been wanting to develop.

Reaper, not checking the finance.google.com page, that is what is wrong with me. Too focused on the chart, would look at finance.google.com right after I see an interesting chart from now on. And this time I mean it.

No, really I wanna kick his ASS

Wow, that is fantastic reasoning. I was going to ask you about something like that too Tim.

Lets say I short sold 2 shares of GOOG at $500 ($1000 initial investment). 50 years from now Google is no longer relevant and they are about to go out of business-THEN a conglomerate of super-models sues the company for all the nudie pics they served up though their image search with out the models permission. A judge awards damages totaling $100000000000000.. Now I’m not going to do all that fancy math, but if I covered then, wouldn’t I be worth like one hundred trillion dollars?!?!?

What’s his name and address, I wanna kick his ASS!

classic letter!

you should have titled this post “Can You Trade Better Than A Fifth Grader?”

that’s the fuzziest math I’ve ever seen.

Short REV 1.35. Not that confident 😐

Getshorty – REV had good earnings!!!!!! What is wrong with you?

” AP
Revlon 2nd-quarter profit tops expectations
Thursday July 31, 1:57 pm ET
By Betsy Vereckey, AP Business Writer
Revlon posts 2nd-quarter profit that tops Wall Street expectations on strong sales abroad ”
https://biz.yahoo.com/ap/080731/earns_revlon.html?.v=2

That’s great. Pretty crazy. This person should consider taking a basic math course at a community college before diving in to any type of trading. LOL Thanks, this article put a smile on my face.

noobtrader.08, sorry about your losses… humble of you to detail your trade and cite lessons learned. Thanks! $91 loss: not that big a deal. Learn your lesson and move on 🙂

Funny stuff!

On a realistic note…

I told Tim I would detail my trades (and yes I’m signed up through Covestor), to support the TIM business model. Today, I made my first trade, with real money, and want to share with you how it turned out, and the lesson I learned from it.

For the record it was not one of Tim’s picks and it wasn’t a short play either.

The ticker was (ILE) – Huge pre-market hype; ILE was up 140% before the market opened. I watched it from 6:30 AM PST (market open) to 6:41 AM PST. I saw someone post in the GOTS chatroom @ 6:37 AM PST, that (ILE) broke its HOD, so I decided (or convinced myself) that I would/could ride the breakout momo train for $.40 to $.60 cents/share.

Well, my ENTRY point was excellent! I bought 1,000 shares at $1.815. I watched the chart for a solid 10 minutes go sideways, with little fluctuation. It bounced back and forth $.05 to $.10 cents. I kept telling myself that it would go up…

As I caught myself hypnotized by this lack of movement, I started to get a tightness in my chest, kind of like when you`re getting ready to go on stage to perform or speak in front of a large group of people. My mind started fucking with me a bit… I got

I’m having a pretty shitty day today, but that made me laugh. Thanks.

Rev looks supernovish, reserving just in case it reverses by the end of the day, maybe if I hadn’t had that bjgp loss earlier would have some balls to go long, not now.

rev is high again snd near 52 week high

If you shorted a 500 shares of XYZ at $2 per share ($1000) and then XYZ went to $0.00006, you would make 99.97%.

[(500*$2)-(500*.0006)]/$1000=.9997*100%

Downtrending stock giving back its dead cat bounce, I think you’ll be grateful you didn’t have money to buy it. I ain’t touching that crow.

alex why would you buy arna, there’s no resistance for downside until the low 5’s

I might be stuck in VNDA for awhile. Right now I’m breakeven but I don’t really want to sell the shares cuz I think it has the potential to gain 50%-100%

f$#$ – I would soooo buy ARNA right now but only have $300 available

shorty – watch ARNA the rest of the week – betcha it gets back to at least $6.4 – stop-loss trigger-fest brought it down – **they reported earnings today but I don’t think it could be viewed as bad…it was what everyone should have expected. The beauty of a trade like ARNA is the huge risk/reward ratio – you could use 1:4 or even 1:5 for that…looking fairly good itraday – slight uptrend after the morning plunge

would be nice to make that in less than a year with only 1k

NCOC – killer bullish engulfing candle pattern forming there – nice swing trade set-up

Thks alex, makes sense

MikeY – I’m still in PDO … it’s not a good daytrade anymore but I’m staying in cuz it’s still a good swing trade setup – it’s still green on the day and it’s looking like it will form a bullish engulfing candle. And there should be plenty of shorts to squeeze out of it.

Manny, REV is up on good earnings? Why short that?

shorty – going back to your stop getting picked…it once happened to me too and I never even saw the bid go down to it…some market maker just swooped down about .20 or so and took my stop order….I remember it was still a little bit profitable trade cuz I had raised the stop but I was still pissed cuz thanks to that happening i ended up missing .50 or so. It’s sooo easy for them to do that in illiguid stocks esp. AMEX or OTC because there’s little accountability and little transparency. Stops are really better and safer to use with liquid NYSE or NASQ stocks. With less liquid stocks I like to use a limit stop where I can set the trigger price and the limit price….you can set the limit price a little below the trigger price and it’s rare that they’ll skip your stop. With a pure limit stop where the limit price is the trigger price, you can easily get skipped if only one order fills at the trigger price and then the bid drops.

One of my trading strategies is to try to buy some of those orders…when the MMs “swoop” down and the stops go off. A classic example today is ARNA – it was in a 2-3 month perfect uptrend so there’s guaranteed to be tons of stops anong a trendline and along the 20-day MA…so I would attribute the big dip today to stop orders mostly rather than anything bad…there’s a good decent chance the uptrend will pick right up again. Same thing happened with HCKT the other day….strong uptrend, slight dip gets bigger as stops go off and you have a buying opportunity…went from $5 to $6 in a 2-day cycle.

TIMM REV IS A SUPERNOVA PATTERN, if you study the statastics you can see is gonna break out on friday or tuesday,, maybe a quick 35%.

THE ONES you like REAPER.

Max gain shorting $2 is $2 per share. 500 shares = $1000.
Max loss = infinite.

I’m guessing Tim tells all how to put stops to prevent a massive loss.

Imagine having shorted Walmart or McDonald’s when they IPOed.

Nevermind, this bitch is going south, may bounce from January $ 5 support, if not, we are clear. Looks like a bearish engulfing pattern https://www.investopedia.com/terms/b/bearishengulfingp.asp

Hi Tim,I literally fell out of my chair when I saw this, You have got to be kidding me, Look Im a newbie investor and Tim is trying to teach us strategies, but common sence and looking stuff up on google is elementary… WOOOOOOOOOW

Sounds like a real estate broker in the making.

20 000 shares of pgti have changed hands during the last hour with the price fixed at 5.40…… looks like accumulation before taking off? any seasoned technical analyst around?

that’s the highlight of my work day….

not to mention what kind of volume is a stock getting at .00006? dumb ass no one wants to buy that crap at that price

You are a kind soul for not putting his name… I can imagine people putting his house on fire.

LOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOL

Awesome…Sign me up. I want to turn $0.01 into $100,000…Sykes, can you help!

OMFG, how fucking hard is it to google how short selling works. Wikipedia explains it pretty clearly. Why some people are so compelled to email someone else a question that they figure out in about 5-mins. on google.

its sad but i bet their are millions out there just like him

Wow that guy should go back to grade school.

LOL