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Timothy Sykes

๐Ÿ‘ค Speaker
352 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

So this is the auto parts company.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

Yeah, correct.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

And, you know, sometimes it's not always just betting against a scam.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

This one just always tends to spike up to $4 and 50 cents and come back down.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

So I was betting on historical price action.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

And in this case, I was right.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

Um, roughly like 200,000 people, but most people don't want to learn.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

The problem that I run into is they just want picks because that's basically what, what everyone loves.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

You know, Jim Cramer pioneered it with buy, buy, buy, sell, sell, sell.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

And everyone just like, Hey, what about this pick?

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

And I'm like, no, you have to learn how to read the SEC filings.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

You have to learn, you know, where to find shares to short.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

And they're like, shut up.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

Just give us picks.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

It's

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

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.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

So I have to I have to teach these degenerates.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

And it's it's tough.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

Um, probably about like 40 or 50,000 people.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

Okay.