Timothy Sykes
👤 SpeakerAppearances Over Time
Podcast Appearances
Oh yeah.
Yeah.
Is that what you're talking about?
So overnight it did that.
And then the next morning it goes to 50.
And it was just crazy.
I was actually trying to short it.
I couldn't find shares to short.
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.
So I've made a few.
So getting shares to short, you need to find brokers that have locates.
Shorting requires basically a loan from your broker.
And when there's an absolute scam, I'm not saying AQXP is a scam, but when there's an absolute scam, like a pump and dump, like the things that you see in Wolf of Wall Street, everybody wants to short it.
And there aren't that many shares to short.
So I can never make like a billion dollars with my strategy.
My strategy is ideal for people with small accounts.
And that's why I
teach.
Correct.