Timothy Sykes

Like I say, I'm like a cowardly stock trader.

I say I'm a castrated choir boy type trader.

And I use like a Mickey Mouse voice.

I'm like, oh, I'm shorting this stock now, but I have no balls.

So I'm castrated.

So I'm scared.

And that helps me and my students understand that 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 ridiculous salaries over the next few years.

Yeah.

So somehow a scam, if a scam is successful, it's going to go higher.

So you have to always be careful, even if you are betting against a sure thing.

And I'm not even going to get into the whole Herbalife debate.

I mean, that's an actual debate about business.

I trade penny stocks.

It's not even a question if it's a scam.

It's like, okay, this is a given scam, but how long will the scam last?

Um, well, you know, that's debatable, but it didn't go to go.

It didn't deserve to go two to 55.

That was a short squeeze.

This was in August of last year.

This was, the day was August 7th.