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Sykes 2

Timothy Sykes responds to questions about Mark Cuban's short selling practices. Sykes states that brokers will allow short positions to be held indefinitely without needing to cover, if the investor is convinced a company is fraudulent. He used Interactive Brokers to short stocks under $2 per share. He tells the questioner they are an "undeniable moron" and to stop bothering him with questions.

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pilond2
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579 views2 pages

Sykes 2

Timothy Sykes responds to questions about Mark Cuban's short selling practices. Sykes states that brokers will allow short positions to be held indefinitely without needing to cover, if the investor is convinced a company is fraudulent. He used Interactive Brokers to short stocks under $2 per share. He tells the questioner they are an "undeniable moron" and to stop bothering him with questions.

Uploaded by

pilond2
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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----- Forwarded Message ----From: Timothy Syk es < [email protected]> To: David Pilon <pilond2@yahoo.

ca>; steven mosk owitz <symosk [email protected]> Sent: Sunday, October 24, 2010 6:31:20 PM Subject: Re: Mark Cuban vs Syk es

no idea, i've never talked with him, why dont u pester him instead of me. but again, get this through your pea sized brain, u can short ANY stock all the way until 0...its called finding scams, mark cuban can do it, i can do it, u can do it...not hard, u just have to be sane which apparently you're not, sorry! ________________________ On Sun, Oct 24, 2010 at 5:52 PM, David Pilon <[email protected]> wrote:
Haha! Good jok e! Now answer the question: Which brok er did Mark Cuban use and allowed him to short and never cover? C'mon! Stop jok ing and tell truth.

________________________
From: Timothy Sykes <[email protected]> To: David Pilon <[email protected]>; steven moskowitz <[email protected]> Sent: Sun, October 24, 2010 5:31:56 PM Subject: Re: Mark Cuban vs Sykes

you undeniable moron, u dont ever have to cover ANY short...if you're convinced a company is a fraud or going out of business, u just hold your short forever and u win big. ANY broker will let u do this, i use interactive brokers for my shorts under $2/share...PERFECTLY legal in the us, moskowitz is lying as usual ________________________ On Sun, Oct 24, 2010 at 3:28 PM, David Pilon <[email protected]> wrote:
Hey Mr. Syk es! TradersExpo web site says you are a "full-time trading coach" (i.e. you educate people). In a 2010 interview, you also said: "...You k now it's about mak ing the world better. This is my social good and it feels good to be this way..." Can you please educate me and tell me which brok er did your idol Cuban use that gives him the legal option of not having to cover? (because everything is legal with you, right?)

Mark Cuban on Short Selling


"I short stock s. I mak e money shorting stock s. Some of my best friends are the stock s that became worthless over the years and I never had to cover. ... Mark Cuban C'mon! Be brave! Tell me: WHICH BROKER YOUR IDOL MARK CUBAN USES? _______________________________________________________________ Full E-mail header of above e-mail (for verification of validity):
From Timothy Sykes Sun Oct 24 22:31:20 2010 X-Apparently-To: [email protected] via 98.136.165.76; Sun, 24 Oct 2010 15:31:22 -0700 Return-Path: <[email protected]> Received-SPF: pass (mta1115.mail.mud.yahoo.com: domain of [email protected] designates 74.125.82.46 as permitted sender) X-Originating-IP: [74.125.82.46] Authentication-Results: mta1115.mail.mud.yahoo.com from=gmail.com; domainkeys=pass (ok); from=gmail.com; dkim=pass (ok) Received: from 127.0.0.1 (EHLO mail-ww0-f46.google.com) (74.125.82.46) by mta1115.mail.mud.yahoo.com with SMTP; Sun, 24 Oct 2010 15:31:22 -0700 Received: by wwd20 with SMTP id 20so3804969wwd.27 for <[email protected]>; Sun, 24 Oct 2010 15:31:21 -0700 (PDT) DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=gmail.com; s=gamma; h=domainkey-signature:mime-version:received:sender:received :in-reply-to:references:date:x-google-sender-auth:message-id:subject :from:to:content-type; DomainKey-Signature: a=rsa-sha1; c=nofws; d=gmail.com; s=gamma; h=mime-version:sender:in-reply-to:references:date :x-google-sender-auth:message-id:subject:from:to:content-type; MIME-Version: 1.0 Received: by 10.227.20.16 with SMTP id d16mr2913487wbb.156.1287959480911; Sun, 24 Oct 2010 15:31:20 -0700 (PDT) Sender: [email protected]

Received: by 10.227.155.72 with HTTP; Sun, 24 Oct 2010 15:31:20 -0700 (PDT) In-Reply-To: <[email protected]> References: <[email protected]> <[email protected]> <[email protected]> Date: Sun, 24 Oct 2010 18:31:20 -0400 X-Google-Sender-Auth: zaKjLut5CqInQg0UBccBA1t_UQk Message-ID: <[email protected]> Subject: Re: Mark Cuban vs Sykes From: Timothy Sykes <[email protected]> To: David Pilon <[email protected]>, steven moskowitz <[email protected]> Content-Type: multipart/alternative; boundary=002215b039865847780493646f9f Content-Length: 14538

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