The Way to Make 60% in One Day (If You Can Find Borrows, That Is)

If you had shorted this stock today, you would've made 60% on your position.

This stock tanked from nearly 3.50 to under 1.50.  If you had shorted it, you could've made nearly $2 per share.  Unfortunately, my broker (Interactive Brokers) didn't have borrows, but I do know of some people who did get borrows from other brokers (like Sogotrade) and banked on this play.

Look at this chart.....the very gradual stairstep pattern, with practically no red candles.  This is a stock that is being manipulated and pumped higher.  This is a pump and dump.  As the stock price gets manipulated higher, the manipulators sell into the pumping.  Once the pumping stops, there is nothing to hold the stock price up anymore, and the stock crashes in price, particularly as stop losses get taken out and panic selling ensues.

I have over an 80% winning trade rate when shorting stocks in this fashion.  The most difficult part is finding borrows; borrows can be tough to come by with some of these manipulated stocks.  While I didn't make 60% today, I did make 8% today by shorting AEMD, which was on my watchlist yesterday.

I learned this strategy from Tim Sykes, who sells a number of products that teach how to trade using this shorting strategy.  Michael Goode is another person who has done well with Tim's strategies, and is closing in on $100,000 in a year; here's a video testimonial from Michael:

DISCLOSURE:  I am an affiliate of Tim Sykes and thus I do make money when people buy his products through my links.  However, I would not recommend a product unless I found it valuable myself.  I don't think all of Tim's products are good; for example, read my review of ShortStocking here.  I do think his book, his original Pennystocking video, and his Pennystocking Part Deux are good products. 

TOMORROW'S WATCHLIST:  There's nothing that really looks good for tomorrow