timothysykes

 Received 10 Karmas
JonB1111
1JonB1111 Sep 19, 7:23 PM

Awesome video Tim.. I stayed away from $BABA even though the gambler in me wanted to risk it.. From listening and learning from you, I didn't touch it.. thank you. I made 10% on my account today being safe, taking profits and ...well being a little bitch..(lol) but you know what?... It's gonna be a nice weekend because this week I had a gain and not a loss... all because I am listening to you and learning your rules... Thanks!

NetNinja
1NetNinja Sep 19, 8:28 PM

First time I ever stayed in chat all day. I have a day job. I too was excited about the IPO and was very tempted to buy in. I haven't done my first trade yet. As I watched the chatter I watched Tim execute 2 trades on CNET and post his results it mostly went unnoticed in chat. He was making $$ while others watched an IPO that was sold behind the scenes and by the time it was released to the public it popped for just a brief second to $99 bucks a share and went back down to $92. It opened at $93.

canitb
canitb Sep 19, 9:11 PM

Thanks Tim, very valuable. I would love to see a video on how you find sympathy plays, maybe it´s not just one way, but a few thoughts would be a good video lesson perhaps?

RVCTrader
RVCTrader Sep 19, 10:24 PM

Enjoying the video lessons on the iPad… are you planning on having a Android app? May you also render a video lesson on finding sympathy plays too?

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timothysykes

$1,284 profit EFUT Long Stock

Entry comments: Bought this former runner on their connection to Alibaba, see conference call http://tim.ly/1plzhar where they said they're going to link up their mystore.com with Alibaba and since that call, tehir registered users have surpassed 1 million, could run just like CNET, small position though since it's speculative, goal is to make 50- 75 cents/share, this has spiked a TON in the past, but it never holds its gains so be careful, this already spiked to $5.50 today so I'm dip buying to lessen risk

Exit comments: Got a little bounce as CNET is spiking back to its highs too but this one double topped at 5.50, can't stay in stocks that double top, bad technical sign, only rebuy if it can break past 5.50

 Received 3 Karmas
tlock878
tlock878 Sep 19, 12:46 PM

Hey, I just signed up for your alerts and I love the picks so far! My only question is, how delayed are the alerts from when you actually buy and sell? This post says it was posted at 11:25am, but I didn't get the alert that you sold until 11:38am? Thanks Tim!

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timothysykes

$1,180 profit CNET Short Stock

Entry comments: Shorted some into the madness due to its PR working with hype machine Alibaba, definitely well timed, but this stock has spiked before and always failed, small position due to risk, but I can make 30-50 cents/share here when sanity returns

Exit comments: Nice easy $1,000+, now 2.09 so I played a bit too safe, will do video lesson to help you understand the ins and outs, probly falls more, congrats to all shorts on this gimmie

 Received 2 Karmas
jessicas101
jessicas101 Sep 19, 5:58 PM

what do you do with the shares once you buy the short?

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timothysykes

$1,110 profit AVNR Short Stock

Entry comments: Shorting this biotech Supernova since an offering seems likely and it just took out the day lows/multi-day support at 11.90-12ish, not a great entry price for me hence the small position, goal is to make 50-75 cents/share

Exit comments: Covered into the break of the day's lows, but I don't have the stomach for such a choppy/liquid stock, I want to hold but this is my issue...gotta know your own limits, taking easy $1,000 profit

 Received 2 Karmas
hrust14
hrust14 Sep 18, 4:14 PM

I see that even if the diff is only in dimes you can still get profit.

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timothysykes

$1,110 profit AVNR Short Stock

Entry comments: Shorting this biotech Supernova since an offering seems likely and it just took out the day lows/multi-day support at 11.90-12ish, not a great entry price for me hence the small position, goal is to make 50-75 cents/share

Exit comments: Covered into the break of the day's lows, but I don't have the stomach for such a choppy/liquid stock, I want to hold but this is my issue...gotta know your own limits, taking easy $1,000 profit

 Received 2 Karmas
hrust14
hrust14 Sep 18, 4:14 PM

I see that even if the diff is only in dimes you can still get profit.

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timothysykes

 Received 13 Karmas
goodgirl
goodgirl Sep 18, 3:40 PM

This is great news for me b/c I bought it yesterday @$6.48 (yes--a newbies's mistake); then this morning I put a limit sale on it @6.70 to get out without a loss. But I cancelled the sell and hope you are right, Tim!.. Thanks!

Clank
Clank Sep 18, 4:52 PM

I appreciate the detail in this video. I would rather have more about one play than a little about several plays. Thanks!

bidbuytom
bidbuytom Sep 18, 11:31 PM

You explain your EFOI strategy clearly. Yes, I watched TimTactics and remember what you said about shorting on a Friday too. My only concern on EFOI is the low volume. If it demonstrates spikeablility then volume won't be an issue? Your thoughts?

lifechngr
lifechngr Sep 19, 9:08 AM

Very detailed explanation, as usual! Thank you. These videos keep reinforcing my learning....and along with practicing should help me develop very good trading skills.

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AndyL

@timothysykes, gotta quick question for ya bud. what happens if you short a small cap, then the stock gets halted/suspended? i would assume you have to wait until the stock is tradable again in order to cover, but i thought i'd double check.

AndyL
AndyL Sep 18, 10:16 AM

awesome trades lately btw, and congrats on the 4mil break!

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