Owner: TimothySykes.com URL:http://www.timothysykes.com Join Date: Sat, 10 Nov 2007 20:57:43 -0600 Rating:0 Site Description: Timothy Sykes' claim to fame is turning $12,415 in Bar Mitzvah Gift Money into $1.65 million in 4 years by trading thousands of stocks while in college. He later went on to become a top ranked hedge fund manager and star of the TV show Wall Street Wa Site statistics:Click here
The PRXI Saga 2007-10-29 18:03:47 When I decided to write about Premier Exhibitions (Nasdaq: PRXI), operators of the popular "Bodies" exhibits, for Realmoney.com in a piece I called "Potential Short Exhibit A: Premier Exhibitions " on October 15th when the stock was at $14.69, I thought I was highlighting a nice and easy technical breakdown that would yield a few dollars per share of gains to the downside. Judging by the s
3 Alibaba Plays To Short After The Hype Wears Off 2007-10-29 00:26:41 When Alibaba.com finally debuts on the Hong Kong stock market on November 6th--a massive first day gain practically guaranteed--several related companies that have been riding high on Alibaba hype might be offer some good shorting. Take a look at how they’ve fared since Alibaba got the OK to IPO on October 5th: Global Sources (Nasdaq: Read more:Plays
, Short
The Only $2B Company I'll Ever Recommend Buying 2007-10-26 22:58:26 Stop the presses! Every traditional printer's worst nightmare, online printing service provider, VistaPrint (Nasdaq: VPRT), just broke out to a new all-time high to $46.05 on great earnings Friday. The highlights include quarterly revenue growth of 59% year over year ($79.5 million vs. $50 million), 64% booking came from repeat customers, nearly 1 million first-time customers in the quarter and non-US business represented 34%of s Read more:Buying
Should you Short this Nasdaq Stock that has Octupled in 2 Months? 2007-10-25 21:39:53 Not many companies, let alone Nasdaq
-listed companies, are able to octuple in price in under 2 months so it's only natural to want to short Superconductor Technologies Inc. (SCON), a maker of a high-temperature superconducting filter (which reduces interference in wireless networks that leads to dropped and blocked calls), here at $11.70. As cynical a short seller as I've become and as much as I love shorting into fundamentally lacking companies, I think this one has further to go. Read more:Short
, Stock
, Months
MyFace Hogwash 2007-10-25 18:01:57 Today's most popular story was Microsoft investing $240 million for a 1.6% stake in Facebook. Everyone's gettin' all crazy about this since the deal values Facebook at $15 billion. This is a great big important story blah blah blah. Needless to say, I've gotten too many emails asking what I think of this deal.My answer: I don't care! This is just the latest case of the media brainwas
7 Sykes Breakout Picks 2007-10-24 23:12:05 Ah yes, even in a choppy market, some stocks are breaking out. They are to be congratulated and some even bought, for if they can break out to new highs with all this negativity surrounding them, imagine how they'll perform if and when the market outlook brightens. InterContinental Exchange, Inc. (ICE), the $12.2 billion electronic commodity market broke out to a new all-time high at $175.48. Over the past year, the stock had tried t Read more:Sykes
, Breakout
The Market, The Market 2007-10-24 10:07:39 Everybody always asks me where I think the overall market is headed. Is housing going to crash? When will consumer debt catch up to everyone? Are we headed for a drepssion, etc...My answer is I don't know and I don't care! I am a trader and I hold my positions for a few hours or days. I prefer picking and playing one or two stocks at a time--no divirsification for me--much less to worry about, much less risk (and I've even moved some cash into gold and euros while sitting o Read more:Market
The Most Exciting Small Cap Around 2007-10-24 00:03:30 And the winner is..... Cardica (NASDAQ: CRDC) I've already done two videos about this stock for the Street.com back in September and early October (which can be seen here and here) At $13.44, this medical device maker is now a $183 million company with very little in the way of revenues (an estimated $7 mi Read more:Small
5 Brands Loved By Consumers, Hated By Investors 2007-10-22 23:34:55 Peter Lynch got very rich and very famous for promoting "investing in what you know". Sure, that works some of the time, but now that this bull market is a somewhat mature 4-year old, the game of picking stocks based on your favorite name brands is long gone. Take a look at the Read more:Brands
, Investors
Thanks and YOUNG MONEY Cover 2007-10-22 22:24:20 Just wanted to say thank you to all the people who have emailed, mailed and called me in the past few weeks to say how much they have enjoyed my debut book. I'm so glad you guys are like it-- this is my life's work so I really couldn't be prouder. I am surprised though at how many people are finishing this in one or two readings! I meant for it to be entertaining, but c& Read more:Thanks
, Cover
Q & A 2007-10-21 13:27:29 Tim, I've managed to save about $4,000 over the years and after hearing about your story on Wall Street Warriors, I'm inspired to put it to work in the stock market. Do you have any tips for a beginner? Any favorite stocks? -Mike M., Dayton, O Mike,Awesome, yes, you should definitely start putting your money to work--mutual funds are the safest bets around and I'd encourage you to look at them first. But if you want to take
An Interesting Patent Play 2007-10-21 11:56:00 WordLogic Corporation (OTCBB: WLGC), a $100 million company specializing in predictive text input software, has been on a tear laltely, rising from 50 cents in mid-August to their current stock price of $4.08. The company doesn't have anything in the way of fundamentals, but they do have an interesting story. This press release has definitely been the cause of t Read more:Patent
Why I'd Rather Lose a Limb Than Play the Earnings Guessing Game 2007-10-18 19:07:00 Yup, you read that correctly. Playing the earnings guessing game is a time honored tradition on Wall Street where the best and the brightest, along with the worst and the dumbest, try to pull together all the recent economic data, industry news, upgrades and downgrades, channel checks, etc. in an attempt to somehow profit from the upcoming earnings season. Some are guided by algorithms, analyst Read more:Rather
, Earnings
3 Finance Books and Blogs of Interest 2007-10-18 15:25:39 Yeah, what the title says:SlopeOfHope.com, which is the home of uber-bear Tim Knight, founder of Prophet.net. This guy is even more into charts than I am--I love it! I just also voted for him to win best business blog, mainly because I feel bad that he's been a bear for so long. Help the guy out, Read more:Books
, Blogs
, Interest
3 Potential SmallCap Turnaround Plays 2007-10-18 00:05:17 I know--trust me, I know--this isn't my style, but no matter; these three plays showed up on one of the many nightly screens I do so let's see how they play out. Neurochem (Nasdaq: NRMX), a $197 million biotechnology company, rose 33% to $4.40 on heavy volume of nearly 5 million shares after announcing cash reserves of $80 million which will allow them to remain in Read more:Potential
, Plays
, Turnaround
MoMo Microcap Scoreboard 2007-10-17 15:18:17 PRVT was down most of the day, but managed to eke out a 2.4% gain, could mean further strength ahead.SOYO dropped 7%, signalling the momo is over...for now. Look for further weakness ahead, but beware of PRs.IMMU dropped 12.4% and was the star short today as borrows were easy and the stock liquid with over 3 million shares traded. I expect it to take out $2.80 tomorrow and experi
3 MoMo Microcaps To Sell Short 2007-10-16 19:28:47 Short selling microcaps is one of the most difficult trading strategies around and yet for all the risk and volatility involved, I’ve devoted my life to these kinds of plays and managed to make a million or so from this one particular strategy. Check out the latest batch of potential shorts (I currently have no positions, but I’m watching intently as I stalk my Read more:Short
The Money Scale of Wall Street 2007-10-15 16:21:24 How much money is a lot on Wall Street
? Ask this question to any 10 people in the finance world and you'll get 10 different answers. I've thought a lot about this over the years--when you make $2 million before your 22nd birthday and lose 1/3 of it before your 27th, you're guaranteed to have a ton of money issues--so let's take a look at some different viewpoints and start from Read more:Wall Street
, Money
, Scale
PennyStocking Plays For 10.15.07 2007-10-14 14:44:07 Am I really going to advocate playing Penny Stocks--you're damn right I am! This unloved market is responsible for my millions in gains and hundreds of thousands in losses--it's been my home for nearly a decade and I won't desert it now. For years, I've had to put up with people who know little about this market talking trash about it, claiming it's akin to gambling a Read more:Plays
Bloomberg TV Interview 2007-10-11 23:05:10 Catch a live interview with me on Bloomberg
TV Friday, October 12th at 1:45PM EST in which I'll be discussing my book , the closing of my hedge fund, transparency in the finance world (or lack thereof) and who knows what other fun topics!PS Just got another great book review from one of the world's
Interview on TraderInterviews.com 2007-10-11 11:51:44 Soon I'll be writing with much more regularity, but for now I'm extremely busy promoting my new book so here's my latest interview . Clocking in around 20 minutes, it's one of the best interviews I'
Recap And Tomorrow's Picks! 2007-10-08 14:56:34 With all the extreme price action in CRDC (up 8% on the day), CHNR (down 10% on the day) and JRJC (down 10% on the day), you might assume I would've had a nice gain too, especially considering today's action basically echoes my thoughts from last week. But you'd be wrong. Sure, I took a small gain on the remainder of my CHNR short, but the others I havent touched. Why? Well, Read more:Recap
Spencer Jakab 2007-10-07 10:58:35 "A dash of Holden Caulfield...equal part Larry Livingston (Reminiscences of a Stock Operator)"
-Spencer
Jakab, Dow Jones Newswire
Rob May 2007-10-07 10:53:57 "Fascinating...like a soap opera for people who like finance and investing...I highly recommend it."
-Roby May, BusinessPundit.com
Let's Begin 2007-10-05 09:02:06 Ok, you've all heard me bitch and moan about the lack of transparency on Wall Street so let the healing begin. I'm going to start posting all my trades, thoughts on the market, stock picks, ramblings, everything--feel free to comment, argue, whatever as long as the debate can be entertaining and informative. Since I'm still transitioning from being a hedge fund manager to a m
Help Me Spread The Word About My Book! 2007-10-04 19:37:31 Check out these video clips of me talking about my book below. They're on a very cool application called a Bookwrap so use the email button in the bottom right hand corner of the Bookwrap to send it to anybody and everybody! Read more:Spread
The End Is The Beginning 2007-10-03 12:39:02 Yes, it's true, I've closed my hedge fund. I believe the official PR says it best. It was a very difficult thing to do, but I believe it's for the best. I've definitely had my ups and downs, but only now do I believe
My First Big Time Book Review 2007-09-29 19:17:03 When you self-publish a finance book, you take on the huge risk that you'll never get any mainstream exposure and your ego will be crushed by pathetic sales numbers that help you realize how irrelevant you really are. For even the worst finance books put out by major labels get big time reviews and usually sell a few thousand copies. Of course, with little risk, comes little reward.I Read more:First
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