Timothy Sykes PennyStocking Part Deux – DVD Review

It has taken me far to long to get around to reviewing Timothy Sykes PennyStocking DVD part II. With a run time of approximately six hours there is a huge amount of content to get through.

The second DVD series picks up where the first PennyStocking DVD left off. This series looks at 2007 and 2008 intraday chart patterns and looks at Tim’s updated strategy. Tim is definitely good at cross selling his products. As with his other DVD’s Tim introduces us to his other products he sells.

There is far to much content on these four DVD’s to go into in great detail therefore I will briefly go over the content on each disc and my final thoughts.

Timothy Sykes PennyStocking Part Deux – DVD One

Some topics discussed in this DVD include:

• Basics
• When to Buy
• When to Short
• More short
• Even more
• Trading

The overview details Tim’s journey very briefly as it is covered extensively in the first DVD. I like how Tim emphasizes the need to have no expectations and to aim to take small losses rather then letting them run.

The DVD then goes on to introduce some technical based rules to help you determine when to buy PennyStocks. The discussion then turns to manipulated breakouts, Message board breakouts, Panicking and squeezes. Extensive real world examples are then highlighted using charts.

When to sell is then covered topics include Technical shorting, spam mailers (manipulative breakdown), message board chatter, newsletter sending dwindles (hype breakdown) and Squeeze breakdown.

In the trading section Tim goes through some rules of when to take losses.

Timothy Sykes PennyStocking Part Deux – DVD Two

Some topics discussed in this DVD include:

• Playing out
• Intraday patterns
• More Intraday
• Fades
• Bounces
• News bounces

In the first chapter of this DVD Tim goes through how supernovas tend to play out giving examples. Tim then talks about some basic concepts and guidelines, finally charts are introduced.

Some common intraday setups are shown. In general Tim will define a concept and then show it in action on the charts. I think this is an optimal way to introduce concepts and makes learning a lot easier.

Tim’s discussion of news bounces is most interesting he makes some very good points that I think every trader should take note of. Patterns not to short are also examined. The final part of the DVD we get to see Tim’s music video “Fight For Your Right in Finance”. Shown below:

Timothy Sykes PennyStocking Part Deux – DVD Three

• Some topics discussed in this DVD include:
• More discussion of the breakout pattern
• How breakouts play out
• Various timeframes use various charting software.
• Media newsletter pumps
• Good odds to short sell into dumb money.
• Boring Breakouts
• Breakouts
• Breaking Out
• Playing out
• Even more

This DVD continues where the second DVD left off. It does not really introduce any new concepts rather it continues to go over examples from the “real world”. The section on media and newsletter pumps is interesting and is definitely food for thought. You have to have you finger on the trigger as Tim put’s it when you buy into hype.

Timothy Sykes PennyStocking Part Deux – DVD Four

Some topics discussed in this DVD include:

• Pumps and Dumps
• More pumps and dumps
• Dumps
• Green Stocks
• More green stocks
• Important Factoids

This final DVD continues to go over examples of topics previously introduced and by the end if it you should have a very strong understanding of Tim’s strategy and general PennyStocking theory.

Manipulated run-ups and crashes are talked about and the difficulty in finding shares to short. Tim then talks about buying these shares on the way up. This is a successful strategy for Tim however I don’t think the average person watching the DVD would be able to execute this type of trade successfully.

The discussion then moves on to green stocks. These stocks had miracle promises with very few fundamentals. At the time commodity prices where high and global warming was a big issue. Tim goes into several examples of these types of companies.

Finally Tim takes us through some important factoids, which are no more then a collection of platitudes which no doubt you have heard before but round off the DVD.

Bottom Line

This is a great DVD and is recommended viewing for any one wanting to trade PennyStocks. You just can’t find this information anywhere else. Tim really knows this niche inside out and back to front. This DVD does such a good job going through the important concepts that I think for most people there is no need to purchase the original PennyStocking DVD.

Pros

• Extensive examples
• Concepts clearly defined
• Unique content
• Simple and easy to follow

Cons

• Not enough intraday content
• Short Selling coverage sparse (In order to sell ShortStocking DVD)
• Not enough detail on use of multiple timeframes for trade decisions

About the author

Mark - Is a 28 year old form Australia. He has a Bachelor in Economics and a Major in CS. He is currently working towards his CFP. His interests include algorithmic trading systems, artificial intelligence, game theory and poker.