Quote from ehsmama:
Tim Sykes, It is not your LOSING MONEY but it your LOSING HEART that makes me wonder if you ARE A MAN AT ALL...
Almost every good/great trader had big losses and came back. BUT YOU SIR simply RAN away and are TRYING to FIND another profession..
that's SIGN OF A LOSER..
If your story had shown even a slight iota of grit in you it might have been a worthwhile read.
But You are just another loser....Many people make a fortune in markets.
and as they say Markets GIVE and take back with same ferocity.....
I just hope you have a better luck as a writer (which btw doesn't look very likely of happening as of now)
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!

Quote from optioncoach:
ORLANDO, FL--(MARKET WIRE)--Aug 27, 2007 -- Cygnus eTransactions Group, Inc. (Other OTC:CYGT.PK - News), a leader in ticketing and electronic commerce, today announced a record profit in the second quarter ending June 30, 2007 of $1,054,845 compared to a profit of $178,543 for the second quarter in the previous year and a loss of $378,285 for the first quarter this year. These results include a recognized gain of $800,000 from a legal dispute settled during the quarter. Second quarter revenues were $1,232,317 in 2007 compared to $1,052,251 in 2006, an increase of 17%. Year to date revenues are up 32% compared 2006.
You call a $800,000 gain from a legal dispute increased earnings???? Now we know which sheeple penny stocks lure in![]()
Quote from quantsteve:
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 From1to5000000:
Tim, I've read your comments with interest and disgust. You're not a 'good trader' as you say, you're a kid who got lucky during a bull market in penny stocks and now you're barely hanging on to what you've made. You're at an inflection point, where you can learn or burn. Use your good fortune to learn how to trade and make something out of that lucky warchest you have to battle with. In the meantime, here is a chart you should be striving for, without use of penny stocks
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