It should be a Penny Stock and anyway it's a Penny Stock-type move and these are the kind of patterns I've played for years. FYI Just about a 8% profit for me in 10 minutes so far, not bad, not bad
TIM'S EARLY CAREER SELLING FRUIT ON THE STREET: AS A STREET VENDOR IN BEIJING, TAKING OVER THE FAMILY BUSINESS: FINALLY MOVES UP TO SELLING DVDs IN NYC (WALL STREET AREA)TO SUPPORT HIMSELF, AFTER REPACKAGING A 1000 UNIT LOT BOUGHT OFF EBAY, OF KEN ROBERTS "TWMPMM METHOD" OF FUTURES TRADING DVDs:
Nothing I say is a recommendation to buy or sell securities and should never be construed that way. All my posts and articles are for entertainment purposes only and I will not be held responsible for anyone else's gains or losses. If you want more details take a look at Realmoney.com's, ET's, Timothysykes.com's, my book's, my DVD's and basically every other websites disclaimers that echo that same thinking. And if your Grams had bought my DVD or subscribed to Realmoney.com, she wouldn't have bought so soon--she would've waited
Uh oh...disturbing trend here: Timmay is going to mention lots of trades, then will only claim the positive trades (and ignore losers...)
Hmm, explain this quote then: "Mark the time 10:44am I say short CHNR, $44" Sounds like a recommendation to me. Disclaimers are a Great Wall of China to hide behind. If your picks do well, you get all the glory, if they do bad, read the disclaimer.
Nope, even though I wrote articles about both JRJC and CHNR, I only said to enter CHNR. You'll see that I put stuff on my watchlist and sometimes never touch it because it doesn't prove itself to me. If you're a Realmoney subscriber, you would've seen I mentioned CRDC this morning at $12, now its $14. I missed pulling the trigger on that one but hopefully some people didnt
You guys told me to post my trades so I did. Show me where I posted my JRJC trade--exactly--I didn't. Many plays pop up on my radar screen, some of them I write articles about and I put some into watchlists, but only a few do I ever actually trade. Like CRDC, posted that pre-market at $12 on Realmoney, but never touched it--pisses me off. This is why I've changed professions so at least some people can make $ off all these plays!
Also one last time to mention this. Here is your quote: "I've been inundated with questions from people wanting to know more about stock trading and hedge funds. I am sick and tired of how little the general public knows about these subjects.. Some of you might not think this is relevant to you, but you're wrong. Whether you're in finance or not, this is about protecting our right to freedom of speech." The general public is the only one responsible for their own ignorance of subjects of hegde funds. I can easily find tons of information about the legal requirements for establishing hedge funds and the different strategies hedge funds use. I can also find information on what can or cannot be done to raise funds and how most funds operate. For the general public there is a lot of information out there. When Amaranth blew up there were a lot of information on what natural gas calendar spreads were with using futures. And if someone wanted to know ahead of time, well I can recommend a few good books on Spread Trading with Futures. Freedom of speech? LOL... Please show me a law which prohibits information on hedge funds? After all the books and research on hedge funds out there, it seems there is more than enough access. A hedge fund manager should not be forced to tell the general public what it is doing day in and day out. Only its investors. Like you should have disclosed the CYGT one before doing it to your investors. Lose the hyperbole. If you have a good story to tell then tell it. But to tell the world you are providing them info they do not have is misleading and really paints a picture of yourself as being the only one in the room not in on the joke. Hedge funds are not a mysterious ghost out there.