Quote from TimothySykes:
Noooo, value isn't judged based on the returns of the subject;...
Quote from SteelyDan:
...Tim, you hint at giving up the Hedge Fund game in that shitty book: "As such, my Hedge Fund days are over..."(page220)
Makes sense, since most Funds close down when they know they will never get back to the high-water mark...
Quote from spinoza:
Tim,
Why not just give us a free link to download the book. We all know it is not worth any real money!
It could be your contribution to ET after all the SPAM we had to get from you!
Have you known Timmay long? The reason I ask is that if you search ET with 'TimothySykes' and the word 'guy' you will find 44 hits.Quote from GregShap01:
Guy, you are so wrong!!!! How could you not love it? It makes me want to trade over the weekend, just pure inspiration mixed in with some caution=a great book
Quote from slacker:
Have you known Timmay long? The reason I ask is that if you search ET with 'TimothySykes' and the word 'guy' you will find 44 hits.
I don't use the word 'guy' a lot these days, and I think it may be out of favor. Isn't it strange that both you and Timmay share the same choice of words and sentence structure? This combined with your only posts being overly supportive of Timmay....
Welcome to ET Greg!
Quote from GregShap01:
LOL. Never met THE GUY, but I just love his book.
If you never met the 'guy' how do you know the details of his recent trades? I just checked and these trades are not in the book. You just happened to Google the book and then found this site? Very interesting indeed....Quote from GregShap01:
I have to say that the reason I purchased the book was to see if Tim's many haters were right or full of it.
To everyone watching this debate unfold, read the book. Tim's cockiness has created got some hardcore haters, but they're definitely not telling you the truth IMHO.
FYI I don't know if Tim meant to portray it this way or not, but his downfall was due solely to CYGT, not short selling at all! If he had stuck to his discipline, he'd still be OK since he details his recent trades in (EFUT) and (CSLR). Both of those turned out to be very good short sells. Very interesting...
Quote from slacker:
Quote from today on another thread.
If you never met the 'guy' how do you know the details of his recent trades? I just checked and these trades are not in the book. You just happened to Google the book and then found this site?
So, I wasn't very worried about the risk of default and I looked forward to earning above-average interest rates on my $25,000 loan.
360,000 shares at .33
SEC regulations prevented me from selling any restricted shares for another 18 months.
I wanted to impress my new investors with gains, so my fund made a short-term load to Cygnus for $250,000 because it seemed to be an easy way to accumulate added interest without much risk.
...so I invested $75,000 more in exchange for more restricted stock. Unfortunately, the other company insiders never came through with their side of the deal....
...it would only help my case if the SEC came down on me by claiming that I was advertising my fund to the general public.
I hope my story has shown you that any fool can get lucky and quickly make a great deal of money.
My greatest losses have results from trades motivated by anger, revenge and pride...
Be warned--- professional earn their living by preying on amateurs.