ET into a huckster ring! LOL I am afraid that it is not him. It is them. If they would just ignore him it would go away and he probably would too! The part about the "e" yea i could agree with that, perhaps, but i really dont know either fellow. Have only read Livermores story and found it an interesting but sad ending.
Career Advice for Timmay The stint on Wall Street Warriors was entertaining. The the hedge fund book to follow up was entertaining. From there on he could've seen the light and realized that since he sucks as a trader, he ought a pursue a career in entertainment. He should've gotten into written articles or blogging dealbreaker.com stlye. From there who knows he could've ended up on Fox Business News channel as Fox's comedic answer to Cramer. However the guy took a turn for the worst by show up on ET. ET is the last place for any vendor to be on. As most ETers have been dumb enough to be pissed and shitted on by countless vendors so they now have a vendetta against all vendors even legit guys trying to help out. He then releases this pennystocking deal - which even if it is informative and the system works - come on who the hell trades penny stocks. Penny stocks are a haven for fraudulent activities and pump and dump schemes. So the guys is rapidly losing his reputation. His only solution is to tell Baron to ban him and delete all his posts. He then can take down is pennystocking site. Perhaps then he rehabilitate his reputation and can still try to make it in the entertainment industry.
Good overview, you're actually on the right track with the whole writing, FOX, entertainment angle....stay tuned. As for PennyStocking and ET, you're 100% wrong. I could care less if I'm villified now because over the next few months, I'll show everyone with my trading and teaching that Penny Stocks are incredible investments. What Guiliani did for NYC, I will do for Penny Stocks. Not clean up the crime and corruption (because I think there will always be new hucksters and suckers) but educate people as to how to take advantage of the unique qualities in this marketplace. So, while people hate me now, the key is that they at least know about me and what I'm trying to do--all thats left is for me to show what I think I'm capable of and it'll be a great rope-a-dope.
Then by your logic, why not just short every stock that goes from 5-22 at 20.03. Then when the n00bs have their stocks hit at 19.98 and everyone panics and it falls to 18-19 -- like you have stated many times -- then it's an easy quick profit. Wow, you just invented a whole new trading method. I'm sure you can duplicate it at 30.03, 40.03, and 50.03 too.
Each stock is different, but by and large the average investor uses round numbers and as you'll see when I post my trades in the coming months, the quick $1 or $2 price drops occur right at these round numbers and when stocks go from positive to negative on the day like CHNR the other day. I don't know if this is new, just always been my experience and has worked for me consistently.
My latest article is up on Realmoney.com, I think PRXI is a great short here if and when it breaks $14. It's close, but it could hold and spike a little so don't even think about shorting until the breakdown is confirmed. Disclosure: I'm not currently short, but I will be if the breakdown is confirmed