Guest: Timothy Sykes discusses how to outsmart penny stock promoters. We cover a good amount of ground and get the inside scoop on Tim’s favorite food – 2 day old sushi. There are plenty of twists and turns in this episode – watch out. We also take a look at what may be coming to a market near you – correction or time to buy?
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Timothy Sykes, the author of the book, An American Hedge Fund. He studied Philosophy and Business at Tulane University while turning his $12,415 Bar Mitzvah Gift money into a fully audited pre-tax sum of $1.65 million from 1999 to 2002 before founding his hedge fund, Cilantro Fund Management, LLC in 2003. He went on to graduate with a B.A. in Philosophy from Tulane in 2003. He is also the benefactor of a Tulane University Scholarship, ‘The Timothy Sykes Day Trading Award for the Talented” that is a unique award in that it is awarded to an deserving Tulane student, faculty, or alumni. In 2006, Timothy’s hedge fund was ranked the #1 Short-Bias Fund by Barclays for 2003-2006 and he was named to Trader Monthly’s 2006 ‘Top 30 under 30″, a list recognizing the top 30investment professionals under the age of 30.
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