Timothy Sykes fan club

[Biddock1]

Weekly Roundup: May 5-May 9
May 13, 2014 // by Profitly // Profitly, Profitly Weekly // No Comments


Time for another weekly roundup of guru trades on Profitly! Remember that we aren’t going to write about every single trade in this post, since that would be extremely boring. We are just covering the big, exciting trades that you all want to learn from.

First up we have a bunch of great trades from Tim!

Let’s start with a $3,036 profit on IDN. Tim bought 50,000 shares at $0.63 on the 9th and sold them the same day at $0.69. Here are his comments: Entry comments: Bought this former runner on a dip due to their releasing Fugitive Finder app http://tim.ly/1oxws7Z already got some press, I expect more over the weekend, earnings next week, expect them to hype it up, I wanna make 10-20-30% if this catches a bid, low risk given the rop from $1/share. Exit comments: Grrrr as I type this it just broke through .69 so I played it too safe…oh well, anyway I’m out, here’s my commentary: Got a nice spike off the news, but it can’t seem to break .69, May 2nd resistance, I thought it could at least get up to .75ish resistance, perhaps I’m playing it too safe, perhaps its just the overall market…speculative play though, I’ll rebuy on any big dip or breakout…gotta respect intraday double tops though.