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- One person prepared to share his skills with the world is Timothy Sykes. Sykes sells DVD titles such as “TIMfundamentals” for $397+ shipping. TIMTactics weighs in at a few bucks shy of.
Disclaimer: Timothy Sykes is founder of investimonials.com. You could find any of the things talked about in his free pennystocking 101 guide or anywhere else online for that matter. Download game dragon ball super. The production is way outdated as well. While PennyStocking Part Deux is THE most important DVD done by Tim Sykes, this one is also important because it. Download MP3 ShortStocking Instructional DVD - By Timothy Sykes.
Let's talk about Tim Sykes
Tim Sykes, if you don't already know, is a 'Penny Stock Expert' He's done a relatively unsuccessful AMA here but his popularity is hard to ignore, so let's talk about how he makes money and why you should NOT follow his trades.
First of all what is a pump and dump? A pump and dump is a form of market manipulation, buying when shares are low and convincing other people through marketing, chat rooms, etc. To buy. Once the crowd has gotten in, you sell. Tim Sykes does this in a pyramid-like way, telling his premium followers first, his paid subscribers, then the chat room. It becomes very cult-like, as you need to become closer to Tim (through money of course) to access the information sooner. His cult of personality is HUGE. He'll do chats and respond to every single person. He'll put out and ad and answer EVERY comment. This charisma and attention is evidence of someone who way back in the early days of the internet would go into chat rooms and convince unwitting people to buy stock. He is very persuading.
Tim's strategy works because the stocks have a low float. Relatively small trades move the share price significantly. If he was making buy or sell recommendations on Large cap stocks you would NEVER see the returns he brags about.
Remember investing is not gambling. Have a sound thesis for your investment policy statement that fits your risk profile. Beware the volatility and illiquidity of microcap stocks. And NEVER listen to Tim Sykes.
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