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Here are today’s trades, and almost trades, told below by the unedited emails that went out to TIMalert subscribers today (and subscriber’ registrations will be activated tonight for the TIMalert subscribers only members website (TimAlerts.com) that will/should be fully functional tomorrow with the near real-time posting of any emailed alerts and commenting capabilities)

(every one else, don’t worry, TimothySykes.com will always remain free and open, think TheStreet.com & RealMoney.com-type model)

Today, basically NCEY was unborrowable to short (did anybody get in on that?) and ERII broke out as I was wanted/expected, up $2 or 20% from my alert, but it dipped a bit first and since I suck at/have no confidence buying stocks, I took a quick $150 loss…I’d do it again cuz you gotta remember with my account this small, I’m all about safety first…of course if the Pattern Day Trading Rule wasn’t in effect, I could easily have gotten in again when it broke the $11.30-$11.40 area…but no whining because look at these subscribers testimonials (you guys matter infinitely more than my own little account)!!

“I’m up 1200 so far on ERII. Great pick!” –bestdeception

“I had only 500 shares, banked total $1035 from ERII (after comm. & fees).” –Ryan

10:15am:

i just bought 500 shares of cool water energy recent IPO ERII on the breakout at 11.29 (poor execution)…11 was previous high, 10ish was the low and its only been on the market for 3 days…over … [visit site to read more]

After only a decent April (see monthly review HERE) and a heartbreaking (wasted opportunities galore) May (see monthly review HERE), my 14% June return (see monthly overview HERE) basically made my 16.6% quarter, my trading account surging from just over $17k to just over $20k, allowing me to continue to rip on this joke of an industry since even with all my mistakes I’m still doing better than 99% of the people out there, most of whom perform slightly worse than the major indexes (90% of traders lose $, 70% of fund managers fail to beat the S&P 500 cuz they’re schmucks!):

Below are all my trades and best/most important posts from the quarter that was: … [visit site to read more]

When I read articles like THIS, my blood boils over. Here’s a guy, Jack Silady, with a $400 million fund that’s tanking and he can’t do anything about it cuz his asset class is financial services, a category with $8 billion in assets. This blatant waste of capital is perfectly representative of the dumbasses–really no other word for it–in this joke of an industry.

Probly, nay, hopefully–nothing better/more American than … [visit site to read more]

The new TIMalerts subscribers-only website is up…check it out: http://www.timalerts.com

TIMalert subscribers, use your Paypal email addresses and register for the site, we gotta manually approve you so none of the hyenas who can’t afford $30/month get in

Non-subscribers: I have a feeling all/most of the serious stock/trading talk is gonna switch over to this new premium site–of course I could be wrong–so even if you don’t give a sh$% about my trading alerts, you might wanna consider signing up to TIMalerts so you don’t miss out on any info/discussion/tips on this new site. Try it out for a month, if $30 is really gonna kill you, you shouldn’t be trading penny stocks in the first place!

Genta Incorporated (GNTA) is now a perfect triple within a few weeks, sufficient long-term downtrend means odds favor a short soon—but not until it shows signs of fading…reserve shares just in case

PATIENT ACCESS SOLUTIONS INC (PASO) just got bigtime video promotion yesterday after the market close by classy promoters Stockwire.com (see rather impressive video..I mean production quality, not company quality…duhhhhh…HERE) they teased it over the weekend though so smart traders already coulda/shoulda/woulda done research/bought, anitipating the probable gap higher today…former Stockwire promotion SPKL went from 50 cents to $2 in a month—before the inevitable pump and dump gradual multi-month fade (silly investors, buy into the hype, but never believe it!)—so there’s probly upside here, but let’s see how it plays out…as TNRO teaches us lately, not all promotions work out

IndyMac Bancorp, Inc. (IMB) I posted about this nearly a week ago HERE and it looks like I was dead on…bad news, can’t get financing, definitely not a bottom fishing buy, without positive news, it’s a low probability pattern to buy into (sorry Lionmaster!), could still yet turnaround, but who knows, who cares, now it’s CNBC talk bait … [visit site to read more]

You know me, I prefer trading frauds and pump and dumps to real companies, especially real financial companies, especially really f#!$ed financial companies, but I can’t help but appreciate the perfect charts on Fannie Mae (FNM) and Freddie Mac (FRE).

These companies are moving based off news, financing, possible collapse, blah blah, blah…go watch CNBC, it bores me…but notice how the panic really set in when they both took out their March lows.

This is what I’m talking about when I say I want to short into lower lows, whether that appears on an intraday, daily or monthly basis, preferably altogether as that’s when there are stop losses galore getting taken out simultaneously, or at least within a few minutes of each other, and if you’re a short seller, it’s like riding a giant wave, a big ass wave of computer generated sell orders!

Behold the Mona Lisa for short sellers: … [visit site to read more]

Unlike most narrow-minded finance freaks, I like to introduce you readers to all strategies, especially proven profitable ones, no matter if they’re not right for me cuz I’ve got the patience of a paparazzi photographer trying to snap shots of ARod & Madonna. So, here are the 2nd half picks of a longer-term trader who likes to buy, not short, speculative names whom I greatly admire, Superman.

Many of you TheLion.com readers know his research/influence is legit, and I’d brag about the incredible performance of his 1st half 2008 picks, but he already does that in the solid guest post below:

I am back from vacation. What I did learn is that Vegas seems to be hit hard by the economy. Everyone I talked to there said the same thing. It has been much slower due to the economy. It was easy to see. Need to research some Vegas stocks that may have more downside for potential shorts.

The first half of 2008 was an amazing time for me. As most know, I researched and pounded the table on PDO when it was $5-$7. My first buy was $4.47 and the stock ended up gaining 929% from that point to peak at $46. Other strong gainers I researched and selected included SINO 142% NTI 138% GBR 96% and CKX 65% (Gain percentage was measured from my first buy to the stocks peak thereafter. I always take some profit when I am up and use mental stops on the rest if I still believe the stocks will go higher. As you can see I am not a daytrader, but look for quality stocks that can make strong moves in time.

The market as we all know, has been in the tank. Oil is rising, the dollar is weakening, the credit crisis continues, and hopes for a second half economic rebound is on the ropes.

China stocks have also been in the tank, EPS or not.

However, I believe, In every market, there are always certain stocks and sectors that will still do well. It is a matter of being very selective with long positions. The industries must be in demand, even in a slowdown.

My top 3 stocks for the second half of 2008, in my opinion, meet this criteria: … [visit site to read more]