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d08
Registered: Aug 2008
Posts: 1367 |
03-09-12 02:53 AM
Quote from bwolinsky:
Doesn't make squat? You guys are incompetent.
135% Since inception
http://search.covestor.com/page/1?orderby=si
40% trailing 365 day return. Manipulation has nothing to do with these returns.
If you were a real trader then you'd know most of the stocks he shorts cannot be shorted as there are none available. But you haven't traded with real money ever so naturally you wouldn't know that.
If Sykes is number one on Covestor then that says something about that site.
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brownsfan019
Registered: Jun 2005
Posts: 2870 |
03-09-12 03:03 AM
Quote from d08:
If you were a real trader then you'd know most of the stocks he shorts cannot be shorted as there are none available.
... therefore implying Sykes has access to shorts that no one else does? What uber secret broker is he using?
Assuming Covestor tracks based on real money, that would then imply he's shorting stocks that you are saying cannot be shorted.
See the issue there? Either Sykes has access to shorts that no one in the free world can get to or your hypothesis is wrong.
I could care less about Sykes, just find it amusing when someone contradicts their own post in 1 sentence.
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d08
Registered: Aug 2008
Posts: 1367 |
03-09-12 03:14 AM
Quote from brownsfan019:
... therefore implying Sykes has access to shorts that no one else does? What uber secret broker is he using?
Assuming Covestor tracks based on real money, that would then imply he's shorting stocks that you are saying cannot be shorted.
See the issue there? Either Sykes has access to shorts that no one in the free world can get to or your hypothesis is wrong.
I could care less about Sykes, just find it amusing when someone contradicts their own post in 1 sentence.
I didn't realize it was actually real money, you got me there.
I can't see the amount of shares anywhere, for all I know he is shorting a share at a time. It still stands that these stocks aren't easily available and the amount available would be low.
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bwolinsky
Registered: Jul 2008
Posts: 4546 |
03-09-12 03:39 AM
Covestor uses Interactive Brokers, so, yes, all of his trades can happen with them because there is no stock out there a broker will not short for you if you tell them to do that, since they want the commission.
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KINGOFSHORTS
Registered: Sep 2007
Posts: 3554 |
03-09-12 03:45 AM
Quote from d08:
If you were a real trader then you'd know most of the stocks he shorts cannot be shorted as there are none available. But you haven't traded with real money ever so naturally you wouldn't know that.
If Sykes is number one on Covestor then that says something about that site.
I am curious, does this covestor show assets under management? If all this Joker is doing is playing with a small 10K account for his penny stocks, I am not impressed.
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stock777
Registered: Jul 2001
Posts: 15405 |
03-09-12 04:10 AM
Quote from bwolinsky:
Covestor uses Interactive Brokers, so, yes, all of his trades can happen with them because there is no stock out there a broker will not short for you if you tell them to do that, since they want the commission.
shmuck.
I told you idiots that he frontruns his touts. What that means is , he get first dibs on whatever shorts there may be. By the time he, his pals, and a few lucky suckers get in, the borrows are gone.
Kapish 'tard?
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