StockWatch: Between the Bells with Timothy Sykes

I have to agree Google looks like a stuffed pig ready for the slaughter.

I think APPLE is still overvalued. Do you agree?

Its not the price but the value of a stock. The value of a company determines stock price. The last time I shorted a company because they grew......cost me a severe beating.

Tim's book is really a great read. Not so much of an investment book, more like an adventure story. I really can't understand why some people don't like it--he details all his mistakes (which are many) and I really learned a lot.

And, I just bought some VMW at $88, I agree with Tim

The dollar is the weakest in decades and falling, credit problems are bombing major banks which are predicting losses exceeding $20 billion in the 4th quarter, oil is around $100 predicting major gasoline price increases soon, housing is literally frozen and prices falling, grocery and energy prices are soaring with natural gas and electricity expected to go up 15-20% this winter, health care costs are jumping, manufacturing jobs continue to go overseas and the huge illegal alien problem remains ...

...and we have a $12 BILLION A MONTH war full of corruption that we can't seem to win.

Whoever thought this would happen during a Republican Administration ???

A it's time to buy puts on LVLT. The short interest is homongous and short-covering is going to send this baby into the heavens like a Roman candle.

After reading Sykes horrible book, I agree with his famous concise book review:

“Overhyped and embarrassingly bad!! Not worth your time reading even if you get it for free!!”

Jacob, why are ALL your comments about Tim's book, but posted with dozens of different aliases--can u say BUSTED!!

Ok, I just recently learned of this guy, Tim Sykes, and have visited the web site he set up and watched a few of his idiotic appearances on various news outlets such as CNBC. This is HILARIOUS.

Tim, if you are reading this, listen up:

Much of what I'll say is redundant but you know NOTHING about what you claim to know about. You are a rank amateur who has learned enough surface information about an industry so as to come across as being knowledgeable enough about it to teach to others. The only people that take you seriously are complete newcomers to this game that know next to nothing, because to a complete amateur you sound like you know what you are talking about. You have learned enough about trading to pretend and claim to have traded and that's about it.

Trading your parents money via an online retail account is not a fund, but is laughable. Your story is just that, a story. "I turned my 12k bar mitzvah money into 2 million". It reads like bad spam I get in my inbox but the journalists eat it up like cake. Your web site is hilarious because you are an enormous idiot and I will continue to visit it for free laughs. I wonder if you know how stupid you are or if you have truly convinced yourself that you have learned something valuable enough to write about?

Timothy Sykes latest escapade adds more shame (if that is even conceivable) to his recent sprint to become the biggest buffoon in the financial media. Somehow he was given a podium with a column on The Street. He proceeded to recommend a short against a company and then went gaga all over the financial message boards like Raging Bull and Yahoo to actually bash his short pick.

I have never seen a financial columnist post a short in a mainstream publication and then immediately start bashing it on a public message board. It is really unprofessional if not completely unethical for Sykes to behave this way. Meanwhile the brash cad proudly promotes the firestorm of hatred he builds around himself in order to promote his dopey book. The solution is simple: Don’t buy his awful book because that is how he is putting food on the table since he can’t trade effectively for a living.

By the way, that stock that blew up his “hedge fund” ($1M+ ROTFLMAO) was a company called Cygnus, a Pink Sheet, yes an unregulated, totally illiquid pink sheet, called Cygnus. He bought it because his college roommate’s daddy ran the company. That was evidently the extent of Timmy’s due diligence. This guy is a serial loser. Tim Sykes should be banned from all media outlets and any party serving a higher grade of beverage than Schlitz beer. His DVD on trading penny stocks is total garbage!

Re: Sykes amateurish hedge fund book:

Is it more sad or amusing when someone's young ego spurs them to write a book when they possess neither literary skill nor talent? Sykes has commented elsewhere that his goal to become "a great teacher, not a great investor" but in this sad excuse for a tutorial he proves to be neither as his amateurish errors practically drive him from the market, credibility (what little he had) completely shredded. Perhaps, however, it's not truly his fault: let's face it, when it comes to imparting wisdom from Wall Street it is simply not possible that a raw twenty-something simply has much to say.

Not that Sykes doesn't try however. In perusing the "comments" portion of Amazon book reviews, he's certainly not reluctant to chime in and offer a defense at nearly every turn. Find me ONE other author at Amazon that feels so compelled to argue his own incompetence.

Tim Sykes should end his determined quest to become a media personality as his grating manner and decidedly non-telegenic looks suit him far better to shine shoes.