LOL ghostzapper is on a role lately, im actually starting to like him, i was gonna call TIMMAY out on the exact same thing, but what is even funnier is that he can not mention his funds perfromance but he CAN mention which stocks he is trading, for his fund with no disclosure
http://www.elitetrader.com/vb/showthread.php?s=&postid=1519027#post1519027
wait till you watch wall street warriors, just a word of advice Tim, i really do not think investors will take you serious when you are diving into the lake at a golf course on T.V., and trying to run over your golfing partner as if it is a jackass video. Another thing, anyone who i have met who is successfull does not act like a big shot based on 1 years earnings, smart business people hate guys like you who go out and become an instant bigshot because of one windfall profit, guys like you do not last.
the funny thing is all of his friends idolize him, and actually try to act like bigshots like him at dinner when they probably dont even earn 30k a year. Tell me something Timmay O' Toole, do any of your friends even have a positive account balance in their account at the end of the month?? And yet thy talk about how they are not gonna settle on 10 million they are gonna be worth 100!!. i would not be surprised if i heard he was keeping a tax statement in his pocket tgo try to pick up dumb chicks who have absolutely no clue. Little word of advice, dont become a big shot off of (after tax) 800k, i bet you have rolled through that pretty quick unless on top of doing your laundry your mommy also pays your bills (which would not surprise me.)
Do you think wall street warriors is actually helping you out??? I bet if that guy you met with in episode 5 or 6 saw the show he would pull his funds in a second, if not he is retarded to.
Tell me something else, you say "well my past performance proves i am good" so if i was to go out and make a million dollars one year and then lose it all the next would "past performance" make me a genius?
One firm i worked with gave me 3 million to day trade another one 12 million does this make me a hedge fund??
Then listen to his PNL on the show as well, "Im up 18 dollars on the day" and it always is like that or else down like 4-5k it seems there are a lot of fund managers like you right here on ET.
MY GODDD i have never heard of such lunacy, when you get your hundreds of millions make sure you work the SNAKE OIL market heavily, seems to be the only market you are good at.
Funny thing is i was actually on his side before i saw the show and realized what a fucking prick he was. I thought ET was just trying to beat him up but they have you pegged spot on.
Quote from ghostzapper:
OMG ! Watch this video. Timmay says he took $13K to $2M (wasn't it $1.6M pre-tax?)...and conveniently leaves out the rest of the story. Is that honesty ?? The "larry king" interviewer throws soft balls, but does ask tim how much money is in his fund now. His answer: "I CAN'T SAY". Sorry Tim, you can say, it is quite legal to say how much money you have in your fund, and the answer is $1M, maybe, after you lost most of it. Did you ever watch CNBC where they DON'T tell you how much a fund manager manages before they interview him/her ??
I can only hope Cavuto busts him on this point. Bottom line, this kid is dishonest and a joke. I like the street.com but that lady was clueless.
