Quote from 0two50in4point5:
SteelyDan, how come you and Reaver always post back-to-back on the same threads?
Answer: you are one in the same. Both of you have conversations with yourself. It's called schizophrenia.
And I have a a dislike for people who say they cant stand the thought of posting on ET, i.e. Reaver, and then spend the greater part of his free daily time here posting gobbletygoop. Hypocrites and liars like Reaver need to be exposed.......and OWNED. PRICELESS!Quote from SteelyDan:
Dude, Schizophrenia is Not: "Both of you have conversations with yourself." It is really a more complicated thought disorder than you see in movies (I have a PhD in clinical psychology).
Anyway, I am not "Reaver"...Although you are correct that we share a similar dislike of Snake Oil..
Lets redirect attention to the thread topic of Timmay Penny Stock Trading: Do you have anything to add about Timmay?
Quote from TimothySykes:
You guys say whatever you want. Today I've picked CHNR short perfectly and CRDC when it was trading 20% lower. We'll see how much ammo u guys have in a few weeks/months when I've made 1/2 the people on this board money
Quote from bespoke:
If I take your calls, will I too be able to make 1% return over 5 years? Oh man I can't wait!
Quote from SteelyDan:
No, most newbies/suckers will lose money; so actually they will make less than Tim Sykes infamous: 1%/yr
Quote from TimothySykes:
No, because this is not a stock picking service. I want to teach you how to fish instead of giving you fish because I think with my experience and your discipline, you'll become a better fisherman than me.
Also, I don't look at this in percentage terms since it's not a scalable strategy. If you were playing around with $5mm, then yes, a 1% return/year would be probable (in addition to a lot of money market interest since you'd rarely hold overnight and you wouldn't use more than 10% of your capital ever) If you're playing with $50k, then if I teach you right, you could probly make anywhere between 50-200%5/year. Who knows, it all depends on how many opportunities there are.