timothysykes

Entry comments: Bought this earnings winner on afternoon consolidation 15 cents/share off its 3.10ish higher, goal is to sell at those highs or ideally if it can break it tomorrow morning in a spike like it had today, next resistance at 3.10-3.15 is 3.30ish so that's my ultimate goal, cheap play in hot alternative energy sector, not gonna be a huge winner, but only like 5-10 cents/share of risk if I'm wrong given the news & price action

Exit comments: Got a puny gap up/morning spike so I play it safe and get out, no0w 3.06 so I played it too safe, it might very well spike more but it might not, I want to teach you to be methodical with your trades, go into trades with a thesis, if it doesnt play out, get out and cut losses quickly....yesterday's big spike was RIGHT at the open so no go today I'm out...congrats to those who get it

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880

Position Updates

  • Apr 08, 14 2:49 PM: Bought 32765 at 2.95 - Bought this earnings winner on afternoon consolidation 15 cents/share off its 3.10ish higher, goal is to sell at those highs or ideally if it can break it tomorrow morning in a spike like it had today, next resistance at 3.10-3.15 is 3.30ish so that's my ultimate goal, cheap play in hot alternative energy sector, not gonna be a huge winner, but only like 5-10 cents/share of risk if I'm wrong given the news & price action
  • Apr 08, 14 3:17 PM: Sold 19500 at 3.06 - Locking in some profits just in case this wants to double top at the day high of 3.10ish, looks strong, but good to play it safe in this market, might re-buy on dip or breakout before the market close depending on how price action goes
  • Apr 08, 14 3:56 PM: Added 18000 at 2.99 - Rebought going into the market close as its holding up well and the alternative energy sector is spiking like BLDP, goal is the 3.10-3.30 range tomorrow
  • Apr 09, 14 8:45 AM: Added 14500 at 2.97 - Adding more premarket as yesterday 70 cent/share spike happened near the market open, its got good odds of doing that again, little downside, good risk/reward, goal is to sell in the low 3s
  • Apr 09, 14 9:32 AM: Sold 45765 at 3.02 - Got a puny gap up/morning spike so I play it safe and get out, no0w 3.06 so I played it too safe, it might very well spike more but it might not, I want to teach you to be methodical with your trades, go into trades with a thesis, if it doesnt play out, get out and cut losses quickly....yesterday's big spike was RIGHT at the open so no go today I'm out...congrats to those who get it
DatePrice
Entry4/8/20142.9655
Exit4/9/20143.032
  • Total Views2,564
  • Position Size65,265
  • Percentage2.24%
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geedee01
geedee01Apr 08, 14 3:00 PM

Tim, The earnings looks terrible, but the stock is going up. Can you help me teach why?

PeeOn
PeeOnApr 08, 14 3:07 PM

Great buy Master Tim! I was trying to get in around where you did but no luck. It jumped to $3+.

timothysykes
1
timothysykesApr 08, 14 3:09 PM

@geedee01 watch my videos on what it means to be an earnings winner, stop being lazy

jassie78
jassie78Apr 08, 14 6:30 PM

@timothysykes HI Tim, I'm a new subscriber to Profit.ly. Just read your comments about watching my videos on what i means to be an earning winner, stop being lazy. Where do I find this video? I did click on Premium\video lessons but can't find the above.

timothysykes
timothysykesApr 08, 14 6:45 PM

@jassie78 theres dozens of videos tagged "earnings" go look on your newsletter dashboard and click the "earnings" tag

alepelo
alepeloApr 09, 14 8:58 AM

Tim, the positions you take are huge! 130.000 USD in one trade...

timothysykes
timothysykesApr 09, 14 9:23 AM

@alepelo not relative to my account size, the way I've turned $500,000 into nearly $1 million in 3 months is the same strategy someone with $5k can use to turn into $10k

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