Pennystock Chat

Cutting through the BS.

Archive for October, 2008


No Trading For Three Weeks

I will not be trading for a period of three weeks.  Going to Indonesia for a mix of business and pleasure.  The 12 hour time difference and unreliable internet access is the cause of this.  Hopefully this doesn’t hurt my ranking on Covestor.  Will be back better than ever!

Popularity: 22% [?]

Backup Internet Access

When I managed the RIA I used to work at, it was an SEC mandate that we had backup internet access.  We supplemented our T1 line with a cable modem in case the internet went down.  While this rule is mandatory for registered investment advisers, I find it very applicable to a personal trader.  Nothing is worse than having an open positon and not being able to monitor it for a possible close.

I have a 10 meg cable connection at home.  While it’s up 99% of the time, it will eventually go down for various reasons.  This happened last week while I had a position open.  Luckily that position continued to act the way I wanted but I was not going to risk something like that again.

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Popularity: 29% [?]

Tim Sykes - PennyStocking DVD Set - Review

To those familiar with the world of penny stocks, Tim Sykes needs no introduction.  With his PennyStocking DVD set, he introduces the audience to the world of penny stocks.  Here’s what you get for your $297: 4 DVDs, Tim’s An American Hedgefund Book, and a pretty thick binder of printed notes and slides from the DVDs.

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Popularity: 100% [?]



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    • jake: Which are the rules that you did break? I find that sometimes Tim breaks his own rules in his timalerts. For...