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Trading Tips-Tim Sykes Penny Stock

How You Can Find Stocks Soaring More Than 500% In A Day!

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Written by Timothy Sykes
Updated 11/30/2023 8 min read

If you’re struggling to find the best trades in this market and tired of seeing other trades rack in win after win…

I have a very important message for you! 

This is one of the hottest markets we’ve seen recently!

And with stocks soaring more than 200%, 500%, even 800%…

Those are the opportunities every trader needs to take advantage of!

If you’ve been struggling to take advantage of these types of opportunities or know how to spot them…

I don’t want you to stress, because today, I’ll be breaking down how EVERY single one of you can spot the SAME EXACT trades as me as soon as tomorrow!

There is no better time to be trading, and with an incredibly hot market like this, ALL of you should be as excited as I am.

Let’s dive in!

Start Focusing On This

Every morning I sit down with my cup of coffee and scan the market for some of the biggest percent gainers out there.

I’ve done this for over 20+ years, which has helped put me and my students in the best possible situation to succeed in ANY market. 

When I see a stock spiking, typically over 10-20%, I don’t necessarily know why it’s spiking, I’ll have to dive into it further…

But it’s the price action that I’m focusing on and that’s what’s grabbing my attention.

Over the last several months, we’ve seen these over-aggressive short sellers come together in an attempt to hammer these stocks back down to zero…

And by doing so, they’re HANDING us trades far better than any promoter has!

It blows my mind how we continue to see these short sellers be so aggressive despite everything that’s been happening over the last several months…

And I can’t imagine the pain they are feeling right now!

Yes, in theory, they are correct, and these stocks will eventually go to zero…

But with it being such a crowded niche, you have all of them competing with one another, and when you have traders like you and I looking to take advantage of those opportunities…

That’s when you can see some of these stocks go full Supernova!

Here’s an example of how powerful these short squeezes can be.

Vivos Therapeutics, Inc. (NASDAQ: VVOS)

Source: StocksToTrade

On Wednesday, VVOS went from roughly $4.20 per share up to $48 per share in just a day!  That’s over a 1,000% move!

When you spot an opportunity like this, you’re simply looking to take the meat of the move.

None of you should be holding onto them, because just as quickly as these stocks spike, they can come crashing down just as fast…

And you can see that in the chart above where it’s fallen nearly 50% at the time I’m writing this.

Let me give you another example with a trade I made yesterday on Minim, Inc. (NASDAQ: MINM)

Source: StocksToTrade 

Looks almost the same as VVOS, right?

This continues to happen time and time again with these beaten-down stocks!

Early in the morning, I saw MINM squeeze roughly from $2.40 to $4, which caught my attention right away.

At that point, I was looking to trade it, but I ended up missing my initial target.

Source: Profit.ly

Nothing wrong with that, but take a look at the chart below…

Source: StocksToTrade

I drew this for you because initially, I told myself not to chase it…

But in the chart above, you can see how many times MINM continued to squeeze higher and higher while holding its previous high of day.

We can thank the over-aggressive short sellers for this because every time they thought MINM reached its peak, it squeezed higher and higher.

Very similar to VVOS.

So once I saw that, I was waiting for MINM to break out again to make my move.

Source: StocksToTrade

After the following breakout,  I bought MINM at $5.98 and three minutes later I sold it at $6.81 for a $1,452 profit! (Risked $10,465).

Scanning through hundreds of stocks can be cumbersome, and it can help you find plays like VVOS and MINM…

But there will be times when minutes or even seconds make all the difference with your trades.

Let me show you what else you need to start doing if you want to start taking advantage of these AMAZING opportunities.

Having The Right Tools

It blows my mind that traders expect to take advantage of all of these opportunities out there today when they don’t have the necessary tools to succeed.

It’s like a surgeon trying to perform a surgery without all of the instruments they need to complete it.

Time and time again I’ve talked about StocksToTrade Breaking News…

And yesterday, it alerted me about Adhera Therapeutics, Inc. (OTC: ATRX)

ATRX was surging over 200% on the day!

Source: StocksToTrade

When a stock soars this much, the last thing you want to do is chase it, even if there is a solid news play associated with it.

Here’s how I traded it.

When I got the alert, I saw ATRX started to move higher, with a surge of volume, and I was focusing on the price action.

I bought ATRX at $0.0225 and sold it at $0.041 for a $1,360 profit! (Risked $1,653.75).

But this isn’t the only alert from this week that’s helped so many traders…

XGPT helped traders nail RedHill Biopharma Ltd. (NASDAQ: RDHL) as it surged over 300% in just two days!

Source: XGPT

These are the opportunities we’re seeing right now…

And if you’re not scanning the market for those early morning runners or using StocksToTrade Breaking News or XGPT…

You may fall short of finding the best plays out there in today’s incredibly HOT market!

I want all of you to succeed when it comes to trading, and in a market like this, now is the perfect time to look at growing the size of your trading account!

Here are some additional videos for you to watch in regards to today’s lesson:

(VIDEO): How To Profit From Short Squeezes 

(VIDEO): Using AI The Right Way

So today, make sure you have StocksToTrade Breaking News and XGPT open while scanning the market for some of the biggest runners…

And next week be sure to tune into our FREE Trading Session to hear the latest news about this market!

I’ll see you in chat.

-Tim

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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”