Tim Sykes' APKT trade, Feb 3, 2010

Here I am puzzled: this was bought as a 1st day break-out, but it was pretty clear to be a break-out from the very beginning of the day, so why wait until $13.96 to buy? Tim sold APKT with a loss at $13.58 later in the day.

Tim Sykes' CNLG trade, Feb 1, 2010

The stock was sold short as a pump&dump, and you would not be able to tell that from this chart -- need a finer scale data. What is remarkable here is the fact that Tim sold the stock short on the day of a huge break-out. Certainly if there is a technical side to this trade, it does not lie on the day scale. A profitable trade for Tim, he sold short at $4.30, covered at $4.19, according to the log kept on his site.

Tim Sykes' ICXT trade, Jan 22, 2010

According to Tim's log entry on his site, the stock was sold (short) at $7.53, covered at $7.33. According to Tim's comments, $7.50 was an important level technically. The $7.33 price does not seem to belong to January 22 though; it's possible that he covered next day or that he covered on January 22 and next day, with average price being $7.33. It's interesting that speaking of volume, there is nothing special about January 22.

Tim Sykes' CDII trade, Jan 21, 2010

Tim keeps shorting CDII based on fundamental conviction, and this time possibly adding the fact that the previous day was a relatively strong downward move coupled with an up-tick in volume. This is the second CDII trade I record (here is the first one). He sold short at $2.14, covered at $2.16.

Tim Sykes' LUNA trade, Jan 11, 2010

This is interesting -- I understand that this was a buy, based on a break-out, but Tim's sell price of $4.78 just does not fit into any of the days prior to January 11. The trade is entered into Tim's log, dated as January 11, with the buy price of $3.36. Tim's comments indicate that the stock was sold in the premarket trading.

Tim Sykes' CDII trade, Jan 8, 2010

This Tim's trade must have been an unsuccessful short trade. In the log on his site, he has dated the trade by Jan 8, with the buy level at $2.24, sell level at $2.12 -- so this was a loss. Now the $2.12 does not fall into Jan 8th range, therefore I conclude this was a short sale made on one of the previous days -- most likely, Jan 7th. It looks like his reasons to short were more fundamental than technical: the stock did not crack on Jan 7th.

Tim Sykes' ICXT trade, Dec 31, 2009

Amazing but according to Tim, this was a long play. I understand this could be a play on the security paranoia gripping the US following a recent incident (the company has to do with airport security) although perhaps not after three days of gains in a row. Equally amazing, Tim managed to squeeze a profit out of this trade: bought at $9.91, sold at $9.98.

Tim Sykes' SNSS trade, Dec 16, 2009

Another winning trade in SNSS, closed Dec 16. As you see, the trade took advantage of only a fraction of the day's range; most likely this is a short -- but one has to see intra-day data; the scale of price change (sold at $1.71, bought at $1.67) corresponds to the daily scalping time scale, given the overall volatility of the stock.

Tim Sykes' SNSS trade, Dec 15, 2009

A successful short trade; Tim sold at $1.99, covered at $1.85. The date he publishes on his site is the date the trade is closed; looking at the chart, one can guess when the trade was entered: most likely, the day before. In that case, the decision must have been influenced by the stock's intra-day dynamics the day before, which shows up on the day chart in the peculiarity of the day candle on the day the stock made a top.

Tim Sykes' BIOF trade, Dec 7, 2009

This trade was a loss; technically (with the benefit of hind-sight of course) I don't see a compelling reason to short this stock on Dec 7 -- it's not clear though that this when the short position was opened. It's possible that the short was opened the day before. According to Tim's log, the buy level was $3.06, sell $2.92.

Tim Sykes' DRAM trade, Nov 27, 2009

This is a winning trade; looks like a short trade placed into a bearish trend. Tim sold at $4.17, bought at $3.78. On Nov 27, the stock opened with a gap down after a down day with a decreasing volume, which could have served as a signal -- but that's merely a guess. In that case, the trade was entered and exited on the same day.

Tim Sykes SEED trade, Nov 25, 2009

This short trade was a loss and I spent some time trying to figure out when exactly this trade could be entered. This definitely didn't work out like the AENY trade, although the pattern of entering the trade could be similar.

Tim Sykes' NLST trade, Nov 18, 2009

According to the log on Tim's site, the buy level was $4.16, sell level $4.40. It is interesting that the stock was going up on the day the trade was reported, but Tim's blog makes one feel he approaches the stock with a short bias. Most likely this is a short trade initiated the day before, Nov 17. If so, the trade was closed early the next day's morning which in this case proved prudent. This is an example illustrating how long to wait before entering a short trade -- waiting for the market to prove one's assessment.

Tim Sykes' DDRX trade, Oct 30, 2009

For the story behind Diedrich Coffee, read Motley Fool. The big picture of this once penny-stock is illustrated by the week chart. Tim decided to short DDRX on Oct 30 apparently following the news and the technical indications of a crack in the stock the previous days. According to the data on his site, his sell (short-sell) price was $25.70 and the buy (cover) price was $26.53.

Tim Sykes' RODM trade, Oct 23, 2009

Here is a trade I found myself scratching a head to explain: a value trade on a penny stock? RODM had an earnings report on Oct 22 which apparently was a disappointment. The next day, the stock opened with the gap and Tim bought it, but apparently the stop loss was so tight that the position was closed with a loss (bought at $5.27, sold at $5.23, according to TimothySykes.com. While a small profit could theoretically be made intra-day on that day, the stop-loss proved beneficial in the long run as the stock kept moving lower. What do we learn? Apparently, an opening with a gap in penny stocks is big enough an indicator to someone with Tim's experience, so it's worth risking a small stake.

Tim Sykes' CBOU trade, Oct 20, 2009

I continue my studies of Tim Sykes' penny stock trades, based on the freely available info found on Tim's site. This CBOU trade was made on October 20 with the "buy" level at $8.93 and "sell" level at $9.06. The stock was down on the day but the trade is listed as profitable. The movement is tiny on the big scale of things in the chart, I assume this was a long trade and an attempt to buy a break-out, based on the previous day's data. The stock had no news that day. Unfortunately no intra-day data but I figure it takes some skill to close such a trade with a profit.

Tim Sykes' RODM trade, Sept 28, 2009

Here a bullish trade was placed exactly as RODM broke out of the range's upper boundary at $5.65. Profit was taken at $6.09. These data are from TimothySykes.com web site. Note the the volume peaked on that day. Even though RODM is frequently in the news as not only the company itself but their clients mention them in their press releases, there were no news on the company that day.

Tim Sykes' CHIP trade, Sept 24, 2009

Here is a long play on CHIP which turned to be a loss. With the benefit of hindsight, it's hard to see the rationale for this as a short-range speculative trade. According to the chart, the speculative train is already gone by the time the trade is placed. Tim's site reports no trades in this stock during its strongest advance the week before. Technically, this looks like as a beginning of a flag formation.

Tim Sykes' OPXA trade, Sept 16, 2009

Another OPXA trade, for some reason entered as a loss on Tim's site at TimothySykes.com. He bought at $4.08, sold at $4.17. The stock was up for the day.

Tim Sykes' OPXA trade, Sept 14, 2009

Another loss on OPXA. According to the info on TimothySykes.com, Tim bought at $4.29, sold at $4.03. I don't know whether this is a short or long trade.