AKA – pump & dump

Once Tim sells or covers the mad rush out eats up any profits. I am sure the DVDs will at least give you some structure to trade by, but the reason Tim’s makes money on his own picks is because of his followers pushing the price in his favor, not because of any grand strategy.

Basically Tim’s strategy is buy or short stock, announce pick with targets and explain why it’s a good trade, then sell quickly into his followers buying or shorting.

I agree with your comment. I have sat in on many livestock sessions AKA listen to Tim babble for an hour and he totally disregards any legitimate questions. Yeah, I know, buy the DVD’s. Well guess what, I have better things to do with my time & money that watch a 6 hour DVD for $600. ***if he sold an hour DVD explaining the basics for $100 I would be all over it***

I subscribed to the Tim Alerts for a few months and was not that impressed. Sure, he obviously knows what he is doing, but as stated above by the time you get in you are worse off then Tim is. I also agree that Tim always sells before his goal. He tells you his goal is to make .50-$1.00 a share and then he gets nervous and sells at .20 cent profit. Now I guess that’s cool if you have $50k in your account, but when you are only playing with $5k and you got in .10 worse off than he did its wash by the time you pay broker fees.

I further agree that Tim is the king of upsellers. I have been in sales my whole life and I have never seen this kind of upselling before. Livestock is like an hour long infomercial of Tim trying to sell you on buying more of his products. The guy probably makes a few hundred grand a year trading, and about twice that upselling.

Last but not least, stop raising your prices. Your shit is already overpriced to begin with. $30 a month was fair, $50 not so much. His logic for raising prices on monthly alerts and dvd’s is ludicrous. He is trying to “weed out” the people who don’t really want to learn or who are trading with rent money” Let me be the first to call BULLSHIT. He is trying to make more money, plain & simple.

Overall Tim knows what he is doing, I will give him that. At the end of the day he is going to make you a little money short selling, if you have $20k+ to play with and are sitting in front of a computer all day and spend $2k on his dvds. If not, don’t bother.

Steve

I’m not getting rich, but I’m not losing either.

I agree with Penny Picker in that most of the time my price is not as good as Tim’s unless I’m sitting right at the computer when I get the alert.

Another problem, is many times when Tim’s says to short a stock, no shares are available. However, I do feel it is well worth the $50.00 a month to follow what an honest person is doing.

I used to follow the pump and dump newsletters but no longer bother. I just wait for the alert and make the trade.

1. the DVD reviews are not all done by affiliates, just some of them…learn to do research:

http://timothysykes.com/blog/2009/07/02/timfundamentals-review-number….i-dont-know-ive-lost-count/

http://greenonthescreen.blogspot.com/2009/01/my-taketim-sykes-pennystocking-part.html

and the gift/curse is that once most people with websites watch the dvds, they love them and see that its REAL so they become affiliates…in due time, pennystocking will go mainstream finance (whatever the hell that means), for now u can get in early

2. yes my DVDs will teach u to anticipate my trades since all i do is follow my strategies…not to mention i have a premarket watcjlist which basically lines up the trade ahead of time…only so much i can do to try to help and if u can’t afford them then u suffer the consequences, but never say i didnt offer to teach u…PS my DVD prices are the lowest in the industry…and the industry is a joke

3. of course i’m gonna cut a trade short when it doesnt go my way, thats my strategy! learn it and expect it

4. when i trade stocks like CHINA (20% winner so far), APWR(I made 5% but my call ended up being right for 30%), LZB (I took a 5% profit, but was right for20%) or JAZZ (and I didnt even trade JAZZ since i was on a train but when it broke through $5, it fit my strategy PERFECTLY as i said in many premarket watchlists prior and it was a 2-day winner on the breakout), if u learned the damn strategy, u could do faaaaar better than me…as it is, poor people will only make poor people money when they dont realize im not just picking stocks, i’m also teaching an entire strategy….timalerts is simply demonstrating the success