Cygnus E Transactions (CYGT) and Sykes/Cilantro Demise

Quote from slacker:

I lost interest a chapter earlier after I read:

Come on Timmay, multiple aliases!!!! Good luck!
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LOL THIS GUY IS A JOKE!! He's taking quotes from various points around the book and mashing them all together to make Tim look bad. Elite Traders: DO NOT FALL FOR THIS CRAP!

Slacker has already been busted for lying about having read the book.

9-16-07 05:44 AM

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?



LOL, you just exposed yourself as not having read the book. Tim's (EFUT) and (CSLR) trades are on pages 208 and 209.

Tim, where are you, you have to remember this post!!!!!! I just exposed one of your haters as an outright liar!!! Busted!!!!!!!
 
Quote from GregShap01:

just pure inspiration mixed in with some caution=a great book
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I think one of the lessons of the book is this:

If you discover an opportunity/inefficiency/advantage in the market milk it as fast and as long as you can, because there is a chance that you will not find another one!!!! (as Tim's example shows)
 
Quote from GregShap01:

LOL, you just exposed yourself as not having read the book. Tim's (EFUT) and (CSLR) trades are on pages 208 and 209.

Tim, where are you, you have to remember this post!!!!!! I just exposed one of your haters as an outright liar!!! Busted!!!!!!!
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Great work! These guys just have some kind of vendetta against me, they really are going to be quite surprised. Glad you liked the book, maybe now you can help me fight back these people that try to twist the facts around
 
Quote from Pekelo:

I think one of the lessons of the book is this:

If you discover an opportunity/inefficiency/advantage in the market milk it as fast and as long as you can, because there is a chance that you will not find another one!!!! (as Tim's example shows)
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Yes! It's all about taking advantage of opportunities in any industry / startegy to the max. The key is that diligently to understand all the potential risks and rewards. This is why I'm not embarassed to be a self-promoter--I'm trying to lead by example because I have a good message.
 
I also like Tim Sykes as wacky entertainment, but he is getting a little more emotionally unstable, such as insulting any reader of the book who is unimpressed, and demanding that Amazon delete any bad book reviews...kind of weird...I think Tim is trying to milk his "TV fame" the best he can.

Book describes the infamous 250K "loan" from his hedge fund to nearly bankrupt Cygnus E-Transactions (CYGT.PK) and his additional purchase of shares which was amazingly ignorant and possibly illegal! Normal people do not have such bad judgement, so Tims "advice" rings hollow!

After losing over one third of their money, I feel sorry for Sykes poor investors.... I guess Tim is only good for more wacky entertainment as our favorite attention whore!!
 
Quote from BrightPropGuy:

I also remember reading in the book that Sykes said:"As such, my Hedge Fund days are over.."..(Book is poorly written and boring as watching drying paint).

Sykes, that loser said he was not like all the other Hedge Fund creeps, and would not shut down to avoid the high-water marks....

Well, no big surprise. Someone else said it best: Sykes:BadTrader/WorseWriter
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Is Sykes giving up the Cilantro Fund farce Oct 1, so he can give details of the Fund trades to his "fans"? (why would anyone want to know how he returned <1%/yr ??)


http://ftalphaville.ft.com/blog/2007/09/25/7586/tim-sykes-has-a-fund-only-a-mother-could-love/
 
Quote from BrightPropGuy:

Sykes went long on this pink-sheet crap in his "Short-biased" fund, and had huge losses on this one position. He lost his poor investors tons of money. Down -36% since Jan2006 with continuously poor judgement and bad investment decisions.

Is Sykes the kind of manager we would trust with our money?

Does anyone need his book to learn how a poor money manager he really is.....he has already convinced us!
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The book can be summarized in once one short sentence.

Down 36%.
 
Quote from Reaver:

The book can be summarized in once one short sentence.

Down 36%.
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Sorry Mr. Reaver, but we must try to be politically correct:

lets just say: "....Fund is off its highs...."
 
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