Showing posts with label tim sykes. Show all posts
Showing posts with label tim sykes. Show all posts

Thursday, May 7, 2009

Pennystock list for 7th May

Potentional pennystock shorts for 7th May
APAC - leading provider of customer care service and solutions for market leaders in healthcare, business services, publishing, communications, etc. Strong earnings on Wednesday. Waiting for bearish technical pattern to short.
ARM - growth on strong earnings. Not very good pattern, but will see.
CTIC - today crowd was crazy about this stock. On StockTwits it was the most popular stock. A lot of speculative money are there. Closed at 1.27 after high @1.85. So not much potentional to go down.
DAN - to be honest, I dont know why this stock is growing up :-). Trading now at resistance region @1.95.
DTG - growth from 2 dollars to 5.45. Had earnings on 6th may. Waiting for bearish sidemove to short.
AHD - tuesday growth on earnings expectation, wednesday sidemove. Ready to short? Target - 2.5 region.

Wednesday, May 6, 2009

Stock list for 6 May

Potentional shorts
DAN (Consumer Goods - Auto Parts) - no reasons for growth from 0.9 to 1.43 .. Sidemove afternoon and evening.. Ready to short? Potentional down move to 1 dollar.
CAR - growth on earnings expectation which will be realased 7th May. Waiting for realase, then sidemove, then potentional short.
ABD - officce products, earning on 6th May at the morning.
ALD - moved up from 2$ to 4$ in 4 days.. Earnings will be realesed on next Monday. Can be shorted with low risk after breakout base in 4$ region.
ECPG - side move after good earnings realesed 29 of March
COT - sidemove after earning realased 1st of May
BGFV - bearish pattern after big gain after earnings realased.
ATRC - agiotage after earnings, 5th may

No stocks for long today for this strategy

Wednesday, April 29, 2009

Example of how Tim Sykes making money

I like this guy very much - Tim Sykes
This is a example of how he making money
Description
...because BCRX was up 100% on news of the swine flu, despite the CEO saying they don’t have a product even close to being ready to help at all.
This why he is trading pennystocks only :-)
And chart