Timmay Gets Bitch Slapped

Quote from TimothySykes:

It's easy to look back in hindsight. When I began investing in them, the stock had runup from 30 cents to $1.50, they looked like the next Ticketmaster as they had just turned profitable and signed deals with AOL, Expedia, Harrahs, Cedar Fair, and AAA.

Exactly a pink sheet stock runs from .30 to 1.50 big deal, any pinky can do that on almost no volume. How much was the "juice" on that deal 20-25%.

In my opinion the only way anyone who calls them self a hedge fund manager would get involved with a company like that is if he/she is invlolved with a promoter....

Your a some what smart guy Timmy, don'y insult us on here...

postal police are on there way....
 
Quote from Thunderdog:

I had a closer look at the cover of the book on Amazon. I find it amusing that the subtitle of the book is "How I Made $2 Million as a Stock Operator & Created a Hedge Fund," and that on the cover is an endorsement that reads "Finally! A follow-up to the classics, Reminiscences of a Stock Operator and How I made $2,000,000 in the Stock Market." Impressive choreography.

It's called marketing numnuts.
 
Quote from ramora:

Please explain what you mean by 'brown bag' deal?
Thank you

A "brown bag" deal is crap stocks that get pushed from promoters to retail brokers or fund managers. In exchange the broker or fund manager provide liquidity for the stock which allows the promoter to sell his stock. In return the promoter pays the broker/manager cash..........
 
Quote from uptik2000:

I was planning on buying the book...but after reading those emails and how you tossed all reason and risk management out the window and then tried to blame your losses on everyone but yourself I think I'll take those amazon gift cards and buy some more trashy detective novels.

Good luck though.

I take full responsibility for all my gains and my losses--the book is about just that. Some people say I should be angrier at Cygnus, but it was my own fault for getting too caught up with all their big name partners and all the potential.

And I don't blame 'Traitor Monthly' for anything other than being extremely rude. To confirm with me on Friday and then disinvite me on Monday is just plain wrong. Maybe they smoked some bad weed over the weekend and their dealer's name is Tim, too.
 
Quote from timbo:

It's called marketing numnuts.
Oh, okay. I didn't know they were marketing numnuts. Blatant and overkill came to mind. I just found it a bit much. Thanks for the clarification.
 
Every inspiring book about trading that I have read tells a story of how the author lost money again and again when he/she started trading only to persevere and finally become successful and MAKE MONEY consistently.

Why would anyone want to read a story of a guy who made money when he started trading (in the biggest bubble in history) only to go on to LOSE MONEY consistently?
 
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