Trading The Latest Hot Beverage Stock: Skinny Nutritional (SKNY.OB)

Skinny Nutritional (SKNY.OB) (oxymoronic?) just launched the latest zero calorie water brand, Skinny Water, lured in some third-tier Coca Cola executive to serve on their board, basically entirely for his title (giving him 2mil shares–and many others many millions more–while unsuccessfully / humorously / amateurishly trying to ticker spam that announcement to get included in the Yahoo! news of Coca-Cola bottling (COKE), Pepsi (PEP) and of course Coca Cola (KO) (silly pumpers, for some strange reason, you guys haven’t read my book An American Hedge Fund, if you had, you’d know ticker spam is for kids…back in 1999-2000!), all the while trying to pitch themselves as the next Vitamin Water.

Too bad this is the 3rd name for this turd of a shell company and it’s being promoted hardcore by all the usual suspects…think about how many girls with low self-confidence / who are worried about their weight will drink this, I can see the commercials now “all you need is 1 skinny water/day and bulimia and the guys will be fawning all over you!” Reminds me of similarly tickered take-the-company’s-cool-sounding-product-out-with-the-trash-before-it-stinks-up-the-place SKNN, which tried promoting some cool crappy shoes.

Download this cheat sheet about this post.

As for shorting a 50 cent stock up from 5 cents a few weeks ago, careful, I hate shorting stocks under $1, no matter the stench from this carcas business and that I doubt it can keep up this heavy volume for much longer, the risk-reward sucks. And, whoever’s pumping this thing is spending some serious $, so if you enter too early your account will be euthanized as if your name was Eight Belles.

Remember, I’m not like CitronResearch, short selling stocks just cuz they’re scams—I’m a cynical guy, there ain’t enough $ in the world to bet against all the scams out there—on the contrary, I’m not short SKNY here and I sincerely hope these pumpers can get it much higher (as then I might be interested!)…cuz I profit from shorting these scams ONLY WHEN I THINK THERE’S A SOLID RISK-REWARD RATIO…as I detail in what else, my 6-hour PennyStocking instructional DVD!

Next generation drinks have been hot ever since HANS a few years ago, which led to a huge JSDA spike, which opened the door for a BRVO pump and dump…all are struggling now, the pump and dump the most, as is typical, but each of those annihilated early short sellers.

Scams might be bad—whatever, grow up Peter Pan—but they spike the quickest cuz the scammers only care about stock price and are not weighed down by running any actual business. As difficult as it is to understand, this is good for shareholders—at least until the bubble burst—as it’s much better than crazy arrogant CEOs who care more for their big-time businesses than they do their shareholders

Posted in Breakouts, DVD, Hot Stocks, Manipulation, Patience, Patterns To Buy, So Hot Right Now, Story Stocks

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one comment

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. noobtrader.08

    Ok, so this would be one of those “perfect” short opportunities, right? Big swing UP, most likely will come crashing down???

    Thoughts?

  2. noobtrader.08

    Ok, so this would be one of those “perfect” short opportunities, right? Big swing UP, most likely will come crashing down???

    Thoughts?

  3. Pingback: | TIM - Timothy Sykes

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  5. Christopher Cianci

    Love the new design Tim – keep up great work

    ps. just watched Wall Street Warriors episode with you golfing with your friend. Haven’t laughed that hard in a while

  6. Christopher Cianci

    Love the new design Tim – keep up great work

    ps. just watched Wall Street Warriors episode with you golfing with your friend. Haven’t laughed that hard in a while

  7. Bubba's Preference

    Bubba don’t need no Tim Bucks. Bubba just likes this site and all the info gleaned from it. Can Bubba invest Tim Bucks? Bubba’s reward is measured in how much fun he has passing the time ‘o day looking at all the stuff on this site.

    Keep up the good work, Tim. Bubba thinks this is a really entertaining site. Bubba don’t wanna hafta login to see it. Bubba all ready has his book full of logins and it’s gettin’ tiresome and tedious to keep track ‘o all them passwords. Geeziz, going site to site is gettin’ frustratin’, especially when Bubba forgets a password. Dang !!

    Bubba knows Pimlico’s next. Preakness, 3rd Saturday in May every year. Lookin’ for 3ple Crown winner this year. Yes !!

  8. Bubba's Preference

    Bubba don’t need no Tim Bucks. Bubba just likes this site and all the info gleaned from it. Can Bubba invest Tim Bucks? Bubba’s reward is measured in how much fun he has passing the time ‘o day looking at all the stuff on this site.

    Keep up the good work, Tim. Bubba thinks this is a really entertaining site. Bubba don’t wanna hafta login to see it. Bubba all ready has his book full of logins and it’s gettin’ tiresome and tedious to keep track ‘o all them passwords. Geeziz, going site to site is gettin’ frustratin’, especially when Bubba forgets a password. Dang !!

    Bubba knows Pimlico’s next. Preakness, 3rd Saturday in May every year. Lookin’ for 3ple Crown winner this year. Yes !!

  9. burky

    Tim, you’re web developer is great … I posted an issue with your new site with the feedback form and he was all over it. And, what other site allows you to move stuff around!! (well aside from igoogle).

  10. burky

    Tim, you’re web developer is great … I posted an issue with your new site with the feedback form and he was all over it. And, what other site allows you to move stuff around!! (well aside from igoogle).

  11. Bubba's Taste Buds

    Bubba’s taste buds don’t like cola. What’s this stuff taste like? Bubba ain’t never seen it out here where he is, so Bubba’s gonna keep on buyin’ YooHoo and green tea.

    Bubba’s sense tells ‘im this co’s a joke. Short at 3.50 and never another chance … unless…! Well, Bubba’s hopeful. Mother’s Day in Hollywood? The Tinsel Town of Hype. Yeah, Bubba’s hopeful and watchin’.

    Bubba’d rather watch a long on WBD. Always good for 10 pts. Wallet fattnin’ good ‘stuff’ stock.

  12. Bubba's Taste Buds

    Bubba’s taste buds don’t like cola. What’s this stuff taste like? Bubba ain’t never seen it out here where he is, so Bubba’s gonna keep on buyin’ YooHoo and green tea.

    Bubba’s sense tells ‘im this co’s a joke. Short at 3.50 and never another chance … unless…! Well, Bubba’s hopeful. Mother’s Day in Hollywood? The Tinsel Town of Hype. Yeah, Bubba’s hopeful and watchin’.

    Bubba’d rather watch a long on WBD. Always good for 10 pts. Wallet fattnin’ good ‘stuff’ stock.

  13. ndfan19

    i know i would not short this stock tomorrow. its got a long way to go before it turns around. i’d say its time to go long on it first thing tomorrow and ride along all the way to $1, a nice 100% gain. hype is coming now, just watch.

  14. ndfan19

    i know i would not short this stock tomorrow. its got a long way to go before it turns around. i’d say its time to go long on it first thing tomorrow and ride along all the way to $1, a nice 100% gain. hype is coming now, just watch.

  15. timothysykes

    GETG is a misprint, hardly any volume at end of day runup, also its a pinkie so i doubt there’l be any shares

    LGDI is #1 on my watchlist for tomorrow

  16. timothysykes

    GETG is a misprint, hardly any volume at end of day runup, also its a pinkie so i doubt there’l be any shares

    LGDI is #1 on my watchlist for tomorrow

  17. Davey

    I almost totally forgot about mentioning LGDI, had a big spike a couple of weeks ago when it first broke out than had a big pull back, def. shaping up to be the next play.

  18. Davey

    I almost totally forgot about mentioning LGDI, had a big spike a couple of weeks ago when it first broke out than had a big pull back, def. shaping up to be the next play.

  19. monkiman

    LGDI looks like an uptrending stock, with a very big up day on friday. I have put it on my watchlist also. hope to make some $$$ tomorrow

  20. monkiman

    LGDI looks like an uptrending stock, with a very big up day on friday. I have put it on my watchlist also. hope to make some $$$ tomorrow

  21. monkiman

    FEED also looks interesting with a big up day on friday… it could retrace down or surge more higher….either way, another good play to watch and scalp…

  22. monkiman

    FEED also looks interesting with a big up day on friday… it could retrace down or surge more higher….either way, another good play to watch and scalp…

  23. Jibri

    hey monikman, where you getting your info from?

    Just finished watching Wall Street, wow, this changes the game. Forgive me I’m a newbie??

  24. Jibri

    hey monikman, where you getting your info from?

    Just finished watching Wall Street, wow, this changes the game. Forgive me I’m a newbie??

  25. getshorty

    GoodValue

    The only implication that the 2.50 rule has is that you can only short as much as your balance in the account, divided by 2.50 and multiplied by the market price of the stock.

    Therefore, if you have $25 000 you can only short up to $10 000 of a $ 1 stock. Thats it.

    SEC puts this in place in case somebody gets killed the broker doesn’t gets the bill, or also I guess in order to protect short sellers to some extent.

    I am not sure what is your point in mentioning that rule.

  26. getshorty

    GoodValue

    The only implication that the 2.50 rule has is that you can only short as much as your balance in the account, divided by 2.50 and multiplied by the market price of the stock.

    Therefore, if you have $25 000 you can only short up to $10 000 of a $ 1 stock. Thats it.

    SEC puts this in place in case somebody gets killed the broker doesn’t gets the bill, or also I guess in order to protect short sellers to some extent.

    I am not sure what is your point in mentioning that rule.

  27. Oliver

    going long seems riskier to me than gonig short now. but probably its better to just sit back and wait until signs of weakness come.

  28. Oliver

    going long seems riskier to me than gonig short now. but probably its better to just sit back and wait until signs of weakness come.

  29. brian

    hey tim,

    at what price are you looking to short lgdi? do you think it will have a quick early morning spike and then can tumbling down?

  30. brian

    hey tim,

    at what price are you looking to short lgdi? do you think it will have a quick early morning spike and then can tumbling down?

  31. 5holeSAVE

    Hey Tim
    What do you (and readers) think of running your comments in reverse – latest at the top?

  32. 5holeSAVE

    Hey Tim
    What do you (and readers) think of running your comments in reverse – latest at the top?

  33. GoodeValue.com

    getshorty — the point is that seriously reduces leverage. If you have a $0.50 stock, shorting it with 20% of your portfolio will suck up all your cash or margin. Probably not a big deal if you are a daytrader, but because it prevents non-day-trading shorts from hitting the stock, it means that shorting any stock under $2.50 is really dangerous. Also, even if you are a daytrader, shorting a $0.25 stock would mean you could never be short it more than 10% of your portfolio value or do anything else while you’re short it.

  34. GoodeValue.com

    getshorty — the point is that seriously reduces leverage. If you have a $0.50 stock, shorting it with 20% of your portfolio will suck up all your cash or margin. Probably not a big deal if you are a daytrader, but because it prevents non-day-trading shorts from hitting the stock, it means that shorting any stock under $2.50 is really dangerous. Also, even if you are a daytrader, shorting a $0.25 stock would mean you could never be short it more than 10% of your portfolio value or do anything else while you’re short it.

  35. Pingback: Don’t Shoot the Messenger « Scientific Trades

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