I'm now up $570,000 in the 1st 4 months and 1 week of 2014, my best start to a year EVER..see all my trades HERE
Plays galore and yet I'm not satisfied because I'm not taking full advantage of the opportunities...case in point PGFY which is now down to .50 premarket and I had the chance to short 30k at .78ish yesterday before the market close...I decided not to as I was scared of a bounce.
Today the CFO resigned and called for authorities to invesgitate the company HERE...seriously...I couldn't make this stuff up...basically he doesn't want to go to jail.
I, like you, need to go watch these live trades on pump and dump morning panics to help remember just ow fast these stocks fall apart.
Sure, sure I'll buy earnings winners -- ARCI was a great multi-month technical breakout I called and watch this video why it was a better buy than DXM which was further away from a big breakout (the same holds true for NLS another earnings winner that needs to get above 10 before I buy), but the real predictability is in shorting pump and dumps.
NOWHERE else in finance will you ever see a company's CFO call for an investigation on their own company...this is how confused even some insiders are as to how shady their companies are.
At least I shorted PGFY in the $1.30s and $1.40s and made a few grand, but I was NOWHERE near aggressive as I should be and that's my bad...it's also your bad for many of you for not being aggressive, not having the right brokers (see my preferred ones) and not trusting my PROVEN strategy.
This is EASY money and we have wasted it.
(ARCI is now a potential dip buy if it drops enough, #5 pattern from this DVD...but be VERY careful given the news)
Today I'm giving a 2-hour live tradiing webinar to my challenge students 9-11am EST so I'll be unavailable for questions in the chat...premarket I don't see anything great worth buying, but look or earnings winners -- defined by the reaction in the stock, not just beating estimates -- to buy on technical breakouts later today.
MY strategy is simple, buying earnings/contract winners on technical breakouts, short pump & dumps on technical breakdowns (or anticipate those breakdowns a bit ahead of time given it's difficult to short into a freefall), but it works time and again, more often than not...learn it and execute and become my next millionaire student!
cool, thanks!
Tim, WOW, You are worth more than GOLD!!! LOVED your last comment, MY strategy !!! (TEACH A MAN TO FISH) Thank You....
Hi Tim, is there any plans to make a profiding app. It would be super to have it on the go, with alerts directly to your phone. You know, it will be an app that people spend alot of time using, which is ideal for advertising. There are more money than you think in the app market, I mean huge money!
LOL! To funny!! Hell if I could have found shares of this POS company I would have shorted the shit out of it also. Milutin, hate to break it to you, BUT, we're not quite as stupid as you think we are.
Join now or log in to leave a comment