timothysykes

$1,931 profit SMCI Long Stock

Entry comments: Bought another earnings winner on big $2/share dip off its highs, goal is to make 40-60 cents/share

Exit comments: Got 2 bounces, but nothing huge, BIG resistance at 20.20, taking small gains and moving on, XOOM has more upside potential

 Received 2 Karmas

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timothysykes

$8,030 profit XOOM Long Stock

Entry comments: Went over this earnings winner the entire http://tim.ly/sykesmc webinar this morning, strong growth, mobile sector, terrible longterm chart, good dip buy, resistance at 23.60 which it just took out quite easily, goal is to sell int he 24s, wish it were lower priced but this is as solid an earnings winner as u can get

Exit comments: NAILED the breakout!! Wanted 24, but only got up to 23.90ish, choppy stock, spread currently 23.70 x 23.96, Congrats especially to http://tim.ly/sykesmc as I just spent basically 2 hours discussing why this stock would breakout ever since we started watching it at $23...now nearly $1/share higher mid-day, taking profits and locking it in...I know its higher priced so it's not ideal, but STRONG mobile growth, this could keep going

 Received 2 Karmas
PeeOn
PeeOn Apr 23, 11:22 AM

When my account goes from "pee-on" status to "big balla" status.....

RARA_BATINGO
RARA_BATINGO Apr 23, 11:29 AM

Just want to say thanks for explaining the technicals behind your "BUY". The earnings, sector, resistance and your goals help put it all into perspective faster than just a BUY notice. Thanks

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timothysykes

 Received 12 Karmas
adamstricker
adamstricker Apr 23, 1:52 AM

Sykes, thank you for the explanation. I get the in and out method, cutting your losses; but I'm having some difficulty with the verbiage/jargon. Do you have a video you can guide me to off the top of your head that provides the basics. Sorry man, I am a newbie starting at 1,500. Thanks! Adam Stricker

bstephens
bstephens Apr 23, 9:44 AM

Good lesson on VTNR, getting out when it doesn't do what you expect. Thanks. I jumped in and then jumped out, taking a small loss, but worth the lesson. VTNR down much bigger already this morning.

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timothysykes

$1,830 profit VTNR Long Stock

Entry comments: Speculative chart breakout play, up on strong volume, new 52-week high, needs to break above 8.15ish for bigtime breakout ideally to the mid 8s as it likes to gap up 30-40 cents/share, risk of double top though so be careful

Exit comments: Not closing strong at all, basically flat trade, not risking a perfect double top like MOBI a few weeks ago...potential rebuy ONLY when it breaks above 8.10-8.15 resistance, not when it fails to break out and comes down minute by minute like this

Moneysurfer
Moneysurfer Apr 22, 4:50 PM

Bought @ 8.04 just before close and also just before the sell off profit-takers. Now unhappily holding overnight. Do you think I should sell @ the open or see if it comes back up tomorrow?

RARA_BATINGO
RARA_BATINGO Apr 23, 11:17 AM

I know you don't SHORT earnings winners, but do you consider shorting UPGRADES?

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