Quote Sykes: "Nah of course it sucks, but I write in that tone because it's nobody's fault but my own. Of course Cygnus burned me, but I should have known better. Now, readers of my book will know when they are in a similar situation" You are the biggest piece of shit. You have pounded your fist that this was a book for novices. How many of these "novices" will be entering this situation? Your flip-flopping is ego driven, self promoting BS. POS.
There is justice in the world. Awsome. Man, I was right the whole time. I hate to be right all the time.
Traitor Monthly, like many of you guys simply haven't taken the time to learn all the details. Once you do, you'll see I'm not such a bad guy.
September 21, 2007 -- A WALL Street war has erupted between influential Trader Monthly magazine and boisterous money manager Timothy Sykes, who says he was rudely disinvited to its "30 Under 30" party at Gold Street restaurant celebrating young financial whizzes after his once-mighty hedge fund tanked. "Everything was fine, and then I get a call from their p.r. lady telling me I was no longer invited," Sykes, star of last year's Internet reality show "Wall Street Warriors," told Page Six. "Then I spoke with the editor-in-chief, Randall Lane, and he said I wasn't welcome. My friends couldn't believe it - they were like, 'What did you do to him, screw his girlfriend or something?' " Lane says Sykes is a shameless publicity hound whose Cilantro Fund lost a third of its value since last year. In an e-mail to Sykes, he wrote: "Acclaim comes with performance. While you've been busily self-promoting, your track record this past year for yourself and your investors has been pitiful. Laughably horrid. If you ever again become a real trader - rather than ignore the hard work required to instead play one on TV - you'll be welcome in our community. "Until then . . . we will have nothing to do with you, as we celebrate those who actually perform versus those who pretend to." What a difference a year makes. In 2006, Sykes was not only the star of the "30 Under 30" bash, he was written up in the Times for turning $12,415 of Bar Mitzvah gift money into a $1.65 million fortune and launching Cilantro Fund Management, which became top-ranked by Barclays. But Cilantro has suffered major losses, and in his new book, "An American Hedge Fund," Sykes slams the market, writing: "I would like to thank the thousands of inept corporate management teams, shady brokers, boiler rooms, stock promoters, market manipulators . . . for your endless scheming and undying greed without which my fortune would never have been possible." Lane told us Sykes no longer fits in with Trader Monthly's audience: "This guy has decided to become Mr. Media as his hedge fund loses money." But Sykes said Lane and his magazine are losing face. "For the editor-in-chief of a magazine I used to worship, this is crazy," he said. "It's a slap in the face."
I have a major problem with Timboy censoring the bad reviews. Yesterday, the people whose reviews were deleted posted them again using the verbiage "please do not delete my review!" And this sentence, which was used maybe 4 times, was taken down in ALL instances!! and replaced with [..] That's censorship and that's slimy. Also, look at the bogus reviews coming fast and furious the last day. All 5 stars, all the "reviewers" are making their FIRST AND ONLY review as well. And all of these reviews are 1 or 2 sentences with NO SPECIFIC INFORMATION about the book. Tim has said he is honest, but this amazon thing shows that he's quite dishonest, and very desperate. Game over whether he likes it or not.
Bobby, for the 284726437 time, I have no problem with negative reviews, but if they contain FACTUALLY INACCURATE information, they will be deleted
Why were ALL of the phrases that contained "please don't delete my review" REMOVED Pinocchio?? What is factually inaccurate about this phrase????
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At last a word from an industry magazine that speaks the truth. I know many ETers ranting and raving is anonymous message board fodder, but Trader Monthly Said exactly what we all were saying... Anyone can make money, professionals and skilled traders know how to keep it.
No, you are not a bad guy at all. But you do not realize that your flash in the pan story has a limited shelf life. Trader Monthly is not the industry' most respected rag, but it is reflective of the industry in many ways and you made them look bad after including you in their list last year with this year's antics. Let me be honest with you because I do not hate you, want to call you nasty names like others here or begrudge you any success. But you are being displayed as a trader, hedge fund manager et al and your actions are more media whore-ish and childish, sort of Cramer for the even less-informed. Your are giving a stereotype, though unintentionally to the position that many resent because this is serious. Losing money is not a game and acting like, oh I made mistakes here learn from them is not accurate. Beginners are not going to do the same thing you did on the whole and non-beginners already know the pitfalls of small-cap investing. So you are overlooking the obvious, you are trying to maximize the current popularity to make money on the book and MOVE into another career. There is nothing wrong with that since trading failed but we all see it and your inability to admit you are looking to change into media seems naive. You want to publish books, have your own TV show and become something that no longer involves you trading OPM. When you embrace that, you will do fine.