Timothy Sykes

12 statements across 1 episodes · 1 bullish · 2 bearish · 1 people on the record · first statement Oct 12, 2016 by Timothy Sykes · said 8 times in 3 episodes since 2016 · across every show →

On the record as a speaker too: Timothy Sykes's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Nathan Latka (5), Bill Lyons (3)

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Everything said about Timothy Sykes, oldest first

Oct 12, 2016 neutral
Assertion Not checkable as stated
Sykes: Only 10,000 of my 200,000 subscribers open purely educational emails
“So my list might be 200,000 people, but only like 10,000 people even bother opening anything. That's not like buy this or short this.”
Timothy Sykes Oct 12, 2016 ▶ 16:12 EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes
Oct 12, 2016 neutral
Assertion Not checkable as stated
Sykes: Served 40,000 to 50,000 unique paying customers since 2007
“Probably about, like, 40 or 50,000 people.”
Timothy Sykes Oct 12, 2016 ▶ 16:30 EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes
Oct 12, 2016 bearish
Insight
Sykes: Penny stock scams are built to pump for insiders to cash out
“Shorting, even if you're betting against a total scam, is very scary, because scams, you know, are meant to go higher, so that the insiders can profit either by selling insider shares, or by doing a financing at inflated prices, and then paying themselves ridi…”
Timothy Sykes Oct 12, 2016 ▶ 7:45 EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes
Oct 12, 2016
Assertion Not checkable as stated
Sykes: Grew his $12,000 trading account to $85,000 in 2016
“So this year, like I've turned 12,000 into 85,000 which is, you know, kind of awesome in a flat market, but it's a realistic version of what my strategy is capable of.”
Timothy Sykes Oct 12, 2016 ▶ 12:49 EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes
Oct 12, 2016
Disclosure
Sykes: Started a $4 million charitable foundation to build schools
“I just started a charity foundation. We have about four million in the charity. I'm building schools.”
Timothy Sykes Oct 12, 2016 ▶ 18:31 EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes
Oct 12, 2016
Assertion Not checkable as stated
Sykes: Turned $12,000 Bar Mitzvah money into nearly $2 million
“And I screwed up all their plans by turning the 12,000 into nearly two million in my first four years.”
Timothy Sykes Oct 12, 2016 ▶ 3:09 EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes
Oct 12, 2016 neutral
Disclosure
Sykes: Penny stock shorting strategy is not scalable due to share borrow limits
“This is one of the problems with my strategy that it's not very scalable. Even if I spot an absolute scam, I can only probably bet a few thousand shares, sometimes like 10 or 20,000 shares against the stock.”
Timothy Sykes Oct 12, 2016 ▶ 9:10 EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes
Oct 12, 2016 bullish
Opinion
Sykes: Early 2000s Penny Stock Trading Strategies Still Work Today
“Yeah, they still work. You know, I trade penny stocks. They're very volatile. They're very scary. You know, not as much as in 1999 and 2000 when I got started in the right time at the right place, you know, during the bubble, but there's still a lot of volatil…”
Timothy Sykes Oct 12, 2016 ▶ 3:41 EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes
Oct 12, 2016 negative
Assertion Not checkable as stated
Sykes: I Have Received Death Threats From Penny Stock Promoters
“I attack promoters. I've gotten death threats.”
Timothy Sykes Oct 12, 2016 ▶ 14:03 EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes
Oct 12, 2016
Assertion Not checkable as stated
Sykes: Multiple Students Turned Thousands Into Millions
“Now I have actually a few millionaire students who have turned a few thousand into a few million already too.”
Timothy Sykes Oct 12, 2016 ▶ 12:33 EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes
Oct 12, 2016
Prediction Not checkable as stated
Sykes: Business is on track for $25M to $27M in 2016 revenue
“We're on track for probably about 25, maybe twenty seven million.”
Timothy Sykes Oct 12, 2016 ▶ 19:12 EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes
Oct 12, 2016
Assertion Not checkable as stated
Sykes: Made $20M teaching in 2015, but only $100K from trading
“Roughly twenty million and trading profits were the same, roughly a 100,000 dollars because I trade with such a small account.”
Timothy Sykes Oct 12, 2016 ▶ 13:09 EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes
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