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003: Timothy Sykes – Inside the World of Penny Stocks and How to Profit from Market Inefficiencies

Chat With Traders

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Pumping Dump

Early in his career he used to buy pumps. Now he predominantly just short sell or bet against the scams and I try and be there the day of when it crashes, 50, 75%. So now you typically day trade so you're in and out the same day, is that right? Same day sometimes like one or two days. It all depends, like with pumping dumps it's tough to be there on the exact day. You have to look for signs of when the pump is kind of collapsing. Sometimes I give it like one, two or three days. I've been early, I've been late, sometimes I've been dead on. He has a blog post where he show four

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