Do you know what "capacity constrained" even means? You can't make much $$ shorting penny stocks overall-- its a strategy suited for small retail not hedge fund money. surf
Noble Prize is idiotic, but Tim is the Ralph Nader of finance-- Who else has ever stood up to the penny stock scammers and non transparency of the financial business? No one. surf
He already is---- dude, it may be better for you just to listen and learn than comment in this conversation. You are clearly a most ill informed person. just an idea. surf
hey surf do you think the trick is that he is finding liquidity to cover from his subscribers hitting his bids. when you think about it he is using order flow to trade. thats why he trades size because he knows the flow is gonna come. do you think he would trade that kind of size without the order flow from his subscribers. I think he would trade lighter and just hold longer. most of the pumps he gets into would increase in value over the next 6 months to a year of holding the short position. most of these pumps end up going sub penny once the campaigns stop.
I really have no clue on the actual mechanics of why the trades work. Here are the records of several of his students who seem to replicate his success. http://www.timothysykes.com/2013/03/5-strong-penny-stock-charts-to-watch-carefully-charts/?welcome surf
By the way, does anyone have any idea why profit.ly has a "Libyan" domain name? The "ly" domain is supposed to be for Libya. I'm not saying profit.ly is located in Libya (I really have no idea) but it just seems weird to me.
expert as in expert witness. that obviously went beyond your limited scope. your contribution to this site is to distort reality. let's see statements with transactions for 1 year. in what form is your payment from sykes.? you can't afford even a monitor? http://www.elitetrader.com/vb/showthread.php?s=&threadid=262094&highlight=monitor now,post those statements.
post 1 year of statements with transactions. then you can bridge the reality gap. your prose is unpaid pr.