timothy sykes logo

Penny Stocks News

It’s Important To Know Which Stocks Are True Pump & Dumps

Timothy SykesAvatar
Written by Timothy Sykes
Updated 6/13/2023 4 min read

I get soooooooo many emails asking about different penny stocks, as many people believe they’re qualified to find diamonds in the rough…

Newsflash: YOU AREN’T

If you’re reading this, you’re one of the many millions of naive people who actually believe a penny stocks’ business actually matters. You actually consider buying stocks that get emails about because you believe the sales copy/propaganda.

Now, no matter how naive you are, you know I have a trading strategy that aims to short sell into the most hyped up/manipulated penny stocks in the world & obviously I’ve done pretty well over the past any time frame you look at, making me the top ranked trader out of 25,000+ on Covestor for the past 18 months, because short selling pump & dumps is just too logical a strategy to ever really do poorly, no matter how undisciplined or busy I have been in the past.

So what is a pump & dump–it’s when someone or some “firm” gets paid to send out emails, write “research reports” or talk about some piece of crap penny stock:

1.) They’re getting paid so you can’t trust a word they say

2.) The company or shareholder that pay for the pumping aren’t excited about the company or the company’s alleged breakthrough products (they ALWAYS have something breakthrough–a new gold mine, oil well, revolutionary drug, service, technology process, blah blah blah, no matter how great the sales copy makes a company look, the real business is else they’d put the $ directly into the company or buy more shares, instead they’re paying an outsider to get the stock noticed/ get the stock price higher in order to sell their shares at inflated prices!

3.) 99% of these pump & dumps are absolutely worthless, they are simply investment vehicles which stock promoters, pumpers and manipulators of all sorts look to pump using sales copy to lure in suckers

Look, don’t be ashamed to fall for such tactics, depending on the skill of the stock promoter, you will fall for their sales push and these stock actually do go higher for a reason (while getting pumped, before the dump, some people are obviously buying (in fact my PennyStocking instructional DVD teaches people to buy pumps too because if you get in at the very beginning of a stock being promoted by the best, it’s actually easier to profit from the long side than trying to find shares to short.

So here’s a list of all the known pump and dumps, feel free to add any more in the comments section and please do more work than me by also posting what the compensation was for the pumping ( in the disclaimer of every pump, to satisfy the SEC, the pumpers must disclaim how much $ or shares they’ve been compensated to be so soulless, learn more HERE)

Understand that none of these things are up enough for me to want to short them, they’re just decent to good pump & dumps, not great ones like UOMO)

I won’t even mention the company name because they’re irrelevant, the company/product doesn’t matter, I could create TIM Corp, symbol SHIT, pay somebody $50,000 or 500,000 shares and get my stock up from 5 cents to $1/share in a few days…too bad that ain’t my business and my business of teaching people to profit from the hype and corruption is actually a real business that makes more than any of these pump ever will.

SPNG (I get more emails about this pump than any other, they’re not undervalued, they’re numbers are BS, they’ve hired the best stock promoters around!)


…there’s too many to name, it’s pump season.

Learn the game and profit, otherwise, I don’t wanna see your tears–there’s no crying in PennyStocking!

How much has this post helped you?

Leave a reply

Author card Timothy Sykes picture

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. Read More

Post image

Get my weekly watchlist, free

Sign up to jump start your trading education!

* 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”