Report: #714404

Complaint Review: Timothy Sykes - New York Internet

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  • Reported By: Patrick — Seattle Washington United States of America
  • Author Not Confirmed What's this?
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  • Timothy Sykes Internet United States of America

Timothy Sykes Penny Stock Millionaire Tim Sykes Penny Stock Millionaire Program by Tim Sykes was total SCAM! Got ripped off for $2k. New York, Internet

*General Comment: No need to be anti semitic

*REBUTTAL Owner of company: Rip off!

*General Comment: John April 2012 Remarks about Tim Sykes, Jewish

*Consumer Comment: Another Paid Sykes Hack

*REBUTTAL Owner of company: Another Sykes Paid Hack

*Consumer Comment: Former Sykes' Student Loses Everything!

*Consumer Comment: Skyes Pays for Fake Testimonials Even on Ripoff Report

*Consumer Comment: sykes

*General Comment: yeah he's a scam artis. heres how the scam works!

*General Comment: Give the guy a break guys

*General Comment: Would You Like Some Cheese To Go With Your Whine ?

*General Comment: Penny stocks= speculating

*Consumer Comment: Is Timothy Sykes a Scam? I read an informed article about him at MODEEWORLD

*REBUTTAL Owner of company: Don't b a hater...Always use you own best judgement.

*Consumer Comment: He is a thief.

*General Comment: To Matt Beram

*Consumer Comment: TimothySykes has made me MONEY and alot of other people too.

*Consumer Comment: Tim's Strategy is Working for Me So Far, and I am Only Using the Silver Membership Package

*Consumer Suggestion: The Internet: You're Doing it Wrong

*General Comment: Always do your homework

*Consumer Comment: Solution to Timothy Sykes Pump and Dump Ripoff

*General Comment: END GAME

*General Comment: Dont Hate

*Consumer Comment: We know Tim Sykes

*Consumer Comment: Timothy Sykes Scam ?

*Consumer Suggestion: Sykes - You are a joke.

*Consumer Comment: Sykes Spends All Day Online Looking to Attack People Who Expose Him

*REBUTTAL Individual responds: This Is Getting Silly

*Consumer Comment: Sykes is a Con Artist

*REBUTTAL Individual responds: Inaccurate Posting

*Consumer Comment: Sykes is a Con Artist

*REBUTTAL Individual responds: The ONLY Ripoff Is This Review, Bring It On Promoters

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I purchased the penny stock millionaire program by Timothy Sykes for $1,997.

It was such a rip off.  The program was a total joke.  Tim Sykes promises the world, six million dollars in a few years...and I was dumb enough to believe it.

The program came with nothing but a few bad penny stock picks for stocks he owns and would profit from if they went up in value.  It was a total scam for him to not just get the first 2k, but to try and profit from me again and again by driving up the value of stocks he owns.

The entire program is Timothy Sykes trying to get rich off of me, not showing me how to get rich like him!

It was really one of the shadiest things I've ever encountered.

Then worst of all, after I had already I paid, I came across this article about Penny Stock Millionaire.  When I read it I couldn't believe what it said!  Ugghhh!!!

That's when I knew I was definitely a sucker.  I tried to get a refund since they have a 100% refund policy but of course it had a bunch of loopholes.

This report was posted on Ripoff Report on 04/06/2011 12:06 AM and is a permanent record located here: https://www.ripoffreport.com/reports/timothy-sykes/internet/timothy-sykes-penny-stock-millionaire-tim-sykes-penny-stock-millionaire-program-by-tim-s-714404. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#32 General Comment

No need to be anti semitic

AUTHOR: Yvonne - (United States)

POSTED: Wednesday, May 08, 2019

Whatever Mr. Sykes may be, there is NO REASON to hate on him or any of us for being Jewish..THAT is not acceptable and not appreciated...

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#31 REBUTTAL Owner of company

Rip off!

AUTHOR: Gordon - (United States)

POSTED: Thursday, March 28, 2019

I bought 1 year for $3000.00. Yep I know I was an idiot! In the last year I lost $2000.00 following his recomendations. Don't spend the money and time!

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#30 General Comment

John April 2012 Remarks about Tim Sykes, Jewish

AUTHOR: Fred - (United States)

POSTED: Wednesday, January 24, 2018

John, and any other bigots, I was born and raised Christian, age 71 successful businessman.  In all of my years living in the New York and Las Vegas areas I have never been cheated by a Jew.   That said, I have been expensively cheated twice by Evangelical Christains (my tribe?).  Disclaimer: I have never met or communicated with Tim Sykes, although I did listend to his 1.24.18 show.  Neutral party.   You bigots are sort of like a virus that will never go away.  Ugh.

Now, older and more experienced, I don't get cheated (I think) by anybody.  Due diligence is always advised.

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#29 Consumer Comment

Another Paid Sykes Hack


POSTED: Saturday, September 23, 2017

You piece of s*. You are a paid hack for Sykes the fraud.

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#28 REBUTTAL Owner of company

Another Sykes Paid Hack


POSTED: Saturday, September 23, 2017

It's obvious you are a paid hack for Sykes the con man,

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#27 Consumer Comment

Former Sykes' Student Loses Everything!

AUTHOR: Gerry - (USA)

POSTED: Friday, September 22, 2017

Former Student here. I lost it all because I fell for Sykes’ bull crap. Please stay away from this scam artist. People need to contact the Federal Trade Commission and file a complaint against him. If they get enough complaints they will sue him. I already complained.  ftc.gov

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#26 Consumer Comment

Skyes Pays for Fake Testimonials Even on Ripoff Report

AUTHOR: Tate - (USA)

POSTED: Friday, September 22, 2017

You are a paid hack for Sykes and his scam operation.

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#25 Consumer Comment


AUTHOR: boumou - (USA)

POSTED: Thursday, September 07, 2017

I got his program for free.

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#24 General Comment

yeah he's a scam artis. heres how the scam works!

AUTHOR: moominator - (United Kingdom)

POSTED: Sunday, August 13, 2017

Lets put this to bed once and for all. Yes he has a few interesting points on trading (if you watch free videos on the web for him and all the other penny stock scam artists out there, you will see that you can make a few percent a year.. but ABSOLUTELY NOTHING like they claim... it's just not happening. Sorry folks if you still believe you can make 1000's of percent every year with your trading and turn $1000 into $600 million (or pick some other f**king stupid number) it's NEVER GOING TO HAPPEN! You must accept that. 

Now, to find out exactly how this con artist and the other penny stock "gurus" ie guys one step away from prison, make their money go and watch this video youtube.com/watch?v=L7G0OfJUON8 Anton Kreil goes over how it works. For you that don't have the time or perhaps you want to become a penny stock guru yourself and need the steps... here we are:

1) sign up with airbnb to rent a mansion and show everyone how rich you are from trading when you start filming (remember to take different sets of clothes and change your hair a lot and just films loads of segments as though they were in the future too.... my extra note for you future "gurus" who are on a limited budget). Down the line after you have enough suckers joining your service so you will legitimately be able to buy a mansion but it does take some time. also remember to rent a sports car for one of the days to add to this flavour.

2) Purchase your $1 million dollars from propmoviemoney.com and remember to start your video with "This is $1 million dollars". Or perhaps bump it up to $2 million since the 1 is now over and done.

3) You need at least 2 trading accounts (this will be explained later)

4) conceptually you need to see this as left hand right hand money grabbing exercise. So lets go over it:

4a) with the left hand you are going to take the suckers money by getting them to buy your "educational" videos, and also signing up to your service to milk them for a monthly premium. This in turn allows you to take money with the right hand because they then provide liquidity for your trades.

For the educational videos, work out generally how the market works with regards to timings (this will take a bit of legitimate work, not much mind you, and will be worth it in the long run to sound like you know exactly what's happening) and then create a slew of training videos unneccessarily filled with nonsense and notice where the market bounces around support & resistance zones and explain however creatively you see fit, why this is. The key is obviously conviction, people need to believe in you so you need be a fairly proficient actor.

4b) Now, with the right hand you use the suckers that have signed up to provide liquidity. You announce your trades in the chat room so that the suckers immediately start purchasing shares in the company you're trading in to boost the price or dump it if you're recommending going short. It doesn't matter which way it goes though, because with one trading account you are going to go long and with the other you are going to go short. This means the most you are going to lose is the cost of opening and closing the trade. Once the suckers have all closed out their trades wait for the comments afterwards from the winners and then post them as "poster children" for your method. Just make sure to ignore the 80 people that lost money and just concentrate on the 3 that made money. You need to keep this dream alive

5) down the line certain people following you will make money because they will realise your "methods" are nothing more than a con. You will then need to cut them in on the action and make them "your top students". You need to grossly exaggerate what they make trading and feature them repeatedly in your videos.

6) If you finally get enough suckers to buy your products and sign up with you, you can create more services. One is for a website to prove your trades are legit... I mean how could that possibly be a conflict of interest :). 

7) Start your own trading software, charge for the platform and collect trading fees. This will initially cost a fair amount of money because you need legitimate employees to do this but in the long run it will be far and away your biggest earner. Because 90% of traders lose you can take the opposite side of the trade when they enter the market and wait for them to exit. Not only that because you have told them to have as little exposure to the market as possible their small accounts will be destroyed by trading fees. If they have anything under $10k in an account, the chance of them ever making real money is maybe only a few %. But don't bring up facts, rather just KEEP THE DREAM ALIVE.


Well there we go folks. You want to be a penny stock guru and make money off starrey eyed suckers this is how it's done, and it's how Tim Sykes and the rest of the "penny stock gurus" make their money. I bet you Tim made huge amounts of money (not the amount he said) but loads back in the late 90's. There are loads of traders out there that harvested real peoples money in the 90's who thought tech stocks were unstoppable... wrong! :). Those days and the penny stock days have looooooong since dried up and that's why Tim Sykes turned to teaching. There is no market out there like that anymore and hasn't been for over a decade now. So, you can go out there and believe all this horsesh*t you're being fed, or you can go out there and learn about trading properly and stop dreaming about this nonsense. THOSE WHO CAN DO, THOSE WHO CAN'T, TEACH!

Sadly i did purchase one of his products and realised after it that i could've learned "everything it taught" in about 10 minutes of watching youtube. The guy is a scam artist and that's all there is to it. 

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#23 General Comment

Give the guy a break guys

AUTHOR: Dillinger818 - (USA)

POSTED: Tuesday, July 18, 2017

 I don't know Tim in any way I have only been researching and observing him and of course reading here. Personally I have no interest in getting rich quik or buying a lambo but only to learn and get educated on the whole process simple. Now I feel his prices are reasonable and fair if you can afford it. Now considering parents and students pay way more in college tuition for years sending your kids to get a educated and hopefully be well off. But it's just like Eveything you have good students the succeed and bad students that fail but the success is truly up to the student...with this being said I am going to proceed in joining and besides Tim curses alot and I never trust a man who does not curse.

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#22 General Comment

Would You Like Some Cheese To Go With Your Whine ?

AUTHOR: ArnieP - (USA)

POSTED: Saturday, December 10, 2016

First off let me start by stating that I don't know Timothy Sykes, Have never met Timothy Sykes, but I am in the Homework phase and doing my due diligence before buying his program and materials and that’s when I ran across these reports. 

There is not one solid piece of evidence in any of these reports that anyone got scammed or ripped off. In Fact I have not run across anywhere where anyone has gotten ripped off or scammed on the entire internet.

It just sounds like maybe someone purchased one of his courses or DVD’s on the basis that they thought they were going to make all of this money with very little effort on their part. (Get rich quick scheme) In that case you should have taken your money and purchased your favorite lottery tickets and you might have had better results.

I’ve read where he is being put down because most of the money that he earns is coming from the educational side, DVD’s, platforms, chat rooms, live classes, etc...   Now let’s take a realistic look at this claim. You are 100% correct. But is that a bad thing? Should he be put down and ridiculed for that? Should his reputation be at risk or his material be disclaimed?  NO!!  The fact still remains that the man took $12,415.00 of his money and turned it into $1.65 million dollars by trading Penny stocks. He then took that knowledge and helped others do the same. And this makes him a Scumbag? NOT!!  Oh that’s right some little panty wearing b**** complained that he only made a couple of millionaires and not thousands. Go home and wash your mangina for I am still laughing at that comment.

Becoming wealthy is not an easy task. If it were a lot more people would be doing it. His information is actually on point and accurate from what I have read and saw from his free stuff so far. There are no get rich quick schemes out there other than your nearest lottery machine but good luck with all that. There are plenty of get rich slow material though, but no matter what it is it takes extremely hard work and dedication. It’s not going to come to you you have to go out and take it and get it for yourself. Nothing comes easy in this world.

So back to the fact that he makes more money from his students then his actual stock trading right now. How can this be bad? He comes right out and states that he specializes in small cap penny stocks and helps people out starting with very small accounts. You can only go so high with these kinds of stocks and if you don’t think that making an average $1000.00-$2000.00 a day is good enough for you then just don’t do it. Now this is a very valid claim and is a very realistic for I myself have done it. But because I don’t have the right knowledge as of yet and a real plan I have also lost $1000.00 -$2000.00 a day. But that’s why I am here looking at his material. In order for me to cut my losses down to a minimum and keep the gains that I do have. 

He has been trading successfully for many years now and then started helping others out and showing them how they could do the same. And he should do this for free? He is a scammer and a rip-off artist for profiting on how he helps others? It is more profitable selling his material and showing others how to obtain what he has that’s a fact, But again how is this a bad thing and why should that discourage me from buying his material. He’s not selling bullshit information or made up material. I don’t care that he isn’t actively trading as much as he used to for that does not affect me. What does affect me is if he can show me to do exactly what he has done in the stock market. That’s all I care about. I don’t mind paying someone for their information and expertise. Should I expect someone to do this for free for me? As long as his information is factual and accurate and can be proven to me then I don’t mind paying for it. Go try and get Warren Buffet to show you a thing or two. Look at all of these college kids that come out of college owing hundreds of thousands of dollars and end up waiting tables at the nearest Restaurant chain or becoming a used car salesman in a dirt lot somewhere. Who failed the School or the Student?

I could sit here all day and rip apart every negative report on here for they are all b*******. They come from whiney little Panty wearers that failed because they didn’t get success handed to them on a silver platter for a few thousand dollars. That’s the interpretation that I got out off all of this.

Now I did run across a factual article from the SEC on one of his competitors that had to do with a Pump and Dump Scheme where that individual rolled over on the people he was involved with and ratted them out to avoid prosecution. Not going to mention any names but I did come across that article. And even after reading that article on that individual I still think that his material is still pretty good. He just went down the wrong road and was running with the devil for a brief moment in time.

So in closing I just really felt compelled to speak my mind on these reports and to let the complainers know that you actually brought me one step closer to giving this man my hard earned money for his expertise. I will keep you Whiney little Panty wearers informed on how I’m making out in the very near future, until then keep Whining and failing.


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#21 General Comment

Penny stocks= speculating

AUTHOR: FA hundred - (USA)

POSTED: Friday, December 09, 2016

There is a difference between investing and speculating (says the father of value investing Benjamin Graham). The penny stock game is a speculating game and you are more than likely to have more losses than wins (there maybe few lucky ones which make a nice profit). It's about finding bargain compaines *personally* and just becasue a company is considered a penny stock ($5 and below) doesn't mean it is a bargain. Penny Stocks are usually inexpensive for a reason: maybe lack of liquidity, bankruptcy, etc. You can find bargain companies, but you want to look at a companies financial statements, check out their past prices, cash on hand, earnings, etc. Don't be fooled into the 'get rich quick' schemes. Some may get rich or generate nice returns quicker than others, but that rule doesn't apply to everyone. It is a marathon and if you do your homework and study the company (especailly ones you understand) you can generate nice returns and the compound interest will pay you larger returns in the future. 

The comment about the person who invested 200k in Netflix in 2008 is funny because checking the historical prices, the highest quote that year was $5.81 on April 17, 2008. But hey, I am not knocking you or am I trying to discredit you. I just thought it was interesting you were bragging. You basically just found a bargain company (btw shot up to around $21-$22 in 2010) and just held onto the stock and sold it. The only *strategy* if you really did buy stock in the company was you found a company where their intrinsic value was higher than the market price and bought the shares and held onto them and sold (if you did sell around 2015 which would've been a tremendous opportunity). But I doubt you bought your *baby* a 40k car. I'm sorry, but your math doesn't add up to me. Plus, in 2008 there were so many comapnies you can grab at a huge discount after the market collapse, so that would've been prime time to grab stocks even for the average investor.


PS. I personally believe all of the knowledge we pay for (not knocking too much because most people get paid by selling their intellectual properties) we can get at a library or buy on Amazon or Ebay for a few bucks. Knowledge is powerful and if you have the will and determination to discipline yourself, read, study, and apply, you won't be disappointed.

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#20 Consumer Comment

Is Timothy Sykes a Scam? I read an informed article about him at MODEEWORLD

AUTHOR: Johnchin - (San Francisco)

POSTED: Saturday, August 15, 2015

I did read the following article about Timothy Sykes at Modeeworld



that gives a balanced assessment of the man and his method.

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#19 REBUTTAL Owner of company

Don't b a hater...Always use you own best judgement.

AUTHOR: Dont' be haters.... - (USA)

POSTED: Tuesday, July 07, 2015

no, I have not used Skyles ideas. However, in 2008, I inherited quite a bit of money and AGAINST everyone's judgement, I invested a whopping 200K in Netflix which If I recall was trading  just above $21 or $ 22 a share.   My husband ( and even our little boy ) said I was a fool. I  just loved what the company did.  Do the math and let me know if going with my instincts paid off.   I still own most of it (bought my "baby" who is now 17 a 40k car this past year-- beware--insurance is a killer) but will likely soon be selling NFLX as I found something else that intrigues me...wonder if anyone will question my judgement this time?  


Just saying, obviously this guy made a bunch of $ somehow...But here is my FREE advice:!    If you don't like the risk, or it sounds too good to be true,  don't do it.

  Simple right?

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#18 Consumer Comment

He is a thief.

AUTHOR: monteboss - (USA)

POSTED: Thursday, May 07, 2015

1-He made FAKE websites about him. Example thetimsykesscam he made many fake website to HIDE the dirty truth about him.

2-He is a liar, manipulative hypocrite. Example, he tell you to no buy lamborgini because it is trouble yet he has many and he will buy an other one. Told people to not buy expensive house, yet his house is . . . expensive and he will buy an other one. Tell people that after 10 years of spending a lot of money he is ready for something else, that is a lie, he still want more money, he has never enough, it is like cocain addiction. because he has a lot of money DOENST mean he cannot rip you off.He manipulate information, on his blogs and post he delete anything that tell the truth about him and when he doesn't he will leave a long reply. If you didn't figure it out he does leave reply all the time to people esposing him.

3-His techinique is impossible to do. There is a rule in the stock market called PDT rule. so you can't short unless you have 25k. Now if you have 25k an you can short you sill need your broker to have available shares to short on the pennystock you need to short. The problem is that you won't get any because he is the one who got it. He get avalable share to short that you CANNOT have.

4-He is really bad at going long, if long is all that you want you are going to waste your money and TIME.He short 3/4 and when he goes long he miss.

5-He doesn't give HIS money to charity, he give people money for charity, thats right, he ask you to donate your money to him so he can give and when he give YOUR money to charity he does it to get ADVERTISMENT to sell more DVDs.

6-This crook got away for too long but one day justice will be done and the truth so well covered by his massive advertising monster machine will someday be released.

7-Today he makes more money selling DVDs and with his websites services. I think thats wrong because of someone can make a lot of money in the stocks woudn't feel the need to ask people money but this guy is so GREEDY he will take money everywhere even your grand mother retirement fund.

8-He never give refunds, he has disclamier, you buy and you are screwed, NO REFUND. Think about it, no refund mean its not legit. He use disclaimer on all his services also as ENTERTAINMENT so you got it, it is a scam. He sometime use his services to pump stocks. Can't wait until SEC investigate on him but unfurtunatly he will get away with only a ridiculus small fine. He should get jailed in my book for taking money and time from so many honest people.

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#17 General Comment

To Matt Beram

AUTHOR: Dude 1000 - ()

POSTED: Monday, February 16, 2015

Hey Matt, I am a new silver customer trying out the free two weeks membership. I am looking to do as much research as I can during my two week period. I am also looking to make some profitable trades during this period to prove this stuff works, because if I can make what you say you are making, $100-$300 a day, it will be worth it to start paying Tim after the two weeks. I would love to get your username so that I can communicate with you about it as I go. My user account on the site is JuMP. Please contact me through profit.ly! Again I am simply trying to do exhaustive research and need to talk to people who are making money using the program. Please please contact me!

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#16 Consumer Comment

TimothySykes has made me MONEY and alot of other people too.

AUTHOR: TimSykesISagoodTrader - ()

POSTED: Monday, December 01, 2014


I just wanted to add to the discussion here. I have been a member of Timothy Sykes chatroom and personally have done very very well from following his teachings and leanring from other profitly gurus such as SuperTrades. I know many others who have made their fortune learning Tims trading strategy. It is not fair in my opinion to call him a scam just because the system did not work for you. Some of his trading DVDs are lacking a little in valuable content, however others are utterly amazing value (e.g. SEC filings DVD).

I think if you altered your mindset a little bit you might find value in his services. This is a good starting place for information about Tim Sykes and other Gurus - lots of unbiased reviews of their services etc. Check it out http://wp.me/p4f4mU-fu good luck in your futures trading.


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#15 Consumer Comment

Tim's Strategy is Working for Me So Far, and I am Only Using the Silver Membership Package

AUTHOR: Matt Beram - ()

POSTED: Wednesday, November 05, 2014

I know this post is old, but I just wanted to chime in. I've been consistently making $200 - $300/day using Tim's strategy. And that is only with a very small account and pretty small trades. I've only subscribed to the silver pacakge which is $100/month. I've been watching him post his trades, watching the videos, doing the "homework", etc and it's been working. I am thinking of doing the millionaire challenge but it is $5500, which I can afford and is most likely worth the money, BUT if I can figure it out without spending $5500, it's all that much better. 

Anyway - to those complainers out there. Well, you're always going to have the complainers. No matter where you go - it's the 80/20 rule. I've been a successful salesman for years and I've always stayed away from the 80%'s. I stayed away from the water cooler and brought my own bottled water - it's cleaner and more refreshing.

For whatever reason, we both worked at the same company and I was successful and they were not, but to them it was always the company's fault.  Same thing with Tim's program. These are the ones that most likely didn't follow the program, or were not properly prepared, so they lost money and they blame the program or Tim, when it's really them.  

Take some responsibility people. Stop going through life being a victim. You're a drain on society.  

And by the way - the reason Tim teaches this strategy instead of just making a full time living with it is because the teaching brings in WAYYYYY more money.  Open your eyes! Not only does it bring in way more money, it brings in a ton of recurring passive income, which is the best income to have. It's far more profitable than if Tim traded full time. I believe Tim when he also says it's rewarding...I'm sure it is. It does feel good to help someone succeed. However, I think really it's just more money. 

If you watch Tim's videos and you actually try and learn something, you will see that Tim's strategy is not for making billions. It doesn't work with the super wealthy and there are many reasons why. It can make you a millionaire - it can make you a million or two million/year tops, I would say. I guarantee that Tim is making far more than 2MM/year teaching. That is why he is teaching. So please stop saying "If he's so good at it, why doesn't he just do it and not teach". That is the dumbest thing you can say. 

Anyway, the program is working for me so far and I soon plan on making bigger trades so I can make even more.  Thanks Tim!

PS - I do not work for Tim, I do not know Tim at all. I only heard of him a few weeks ago. 




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#14 Consumer Suggestion

The Internet: You're Doing it Wrong

AUTHOR: chriswest - ()

POSTED: Wednesday, October 22, 2014

The Internet is great. The only problem is the people that use it. 99% of the "reports" posted here come from people who have no idea what they're doing. So let me explain the internet to you:
Rule A: If it sounds too good to be true, it is.
Rule B: If something goes wrong, it's usually because you made a mistake. The internet is never wrong if you know how to use it.

The Tim Sykes program falls into both of these categories, in certain ways. Now, let me explain the program to you:

His methods work. And what you are purchasing is education on how to perform said methods. It's no different than if you are to buy instructionals on anything else. HOWEVER, there are some things to keep in mind:

1. *Results may vary. It is not going to be typical (although it is possible) for you to transform $1,000 into $1,000,000 within a few years.
2. You have to take it upon yourself to fully learn the materials. You get in what you put out. If you're half-assing the education, and you're going into this thinking it's a "get rich quick" scheme, you've already failed. Because this is actual educational materials, it's no different than when you had to apply yourself in school. You don't become a doctor by half assing college.
3. This is NOT a "get rich quick" scheme. It's not a scheme at all. It's something you have to take time to LEARN and UNDERSTAND in order to receive any type of benefit from. If you went into this program thinking you could just follow his alerts/the chat alerts and make tons of money, YOU made the mistake. Nothing in life is that easy, much less being a millionaire. Common sense would tell you that, with as quickly as the stock market moves, it would be rare that you would be able to catch the breakout the same as the person who posted it. The alerts aren't terribly beneficial, aside from giving you an idea of what to look out for. HOWEVER, as someone who has actually paid attention to the materials, Sykes states many, many, many times that the end goal is to make you SELF-SUFFICIENT. Yes, you are actually going to have to do some of the work. Who knew becoming rich would be this difficult? What Sykes is ultimately selling is instructionals on how to find these stocks YOURSELF and complete trades that would be REWARDING. The stock market, for as fickle as it is, it's rarely complicated. If you (consistently) lose money on the stock market, you probably shouldn't be messing with it. Most losses come from user error. You ARE going to lose money using Sykes method. You lose money no matter what trading method you use, there is no full-proof method. But if you know what you're doing, you will win more than you lose. Here-in lies the profit. To say that Tim Sykes is a scam artist, is like saying there has never been anyone who's ever made legitimate money (read: not like jordan belfort) trading penny stocks. And that is a lie. Many people have, and can. What separates the winners from the losers is the amount of time spent honing your skills. You are not going to sign up to "stock alerts" and all-of-a-sudden wake up rich. YOU HAVE TO DO THE WORK. Sykes simply teaches you HOW to do the work. The rest is up to you. 


Lastly, I see a lot of posts saying "well if it works so well, why waste your time teaching people instead of just implementing it and becoming super rich?".
Again, let's apply some common sense here. Would you rather get guaranteed monthly income from subscribers, seminars, and website revenue? Or risk your money on the stock market? While his method does WORK, it no longer makes sense for him to use it. He would make GUARANTEED money from teaching with NO risk. Tim is a buisiness man, and if he walked up to me and said "I don't even trade anymore", I would say "as you shouldn't". Because he makes more money from teaching than from trading, and more money is the END GAME. 


TO SUMMARIZE: Nothing in life is free. If you treat this like a scam, it will "scam" you. Also, you are only going to learn what you want to learn. 

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#13 General Comment

Always do your homework

AUTHOR: SteveBritton - ()

POSTED: Friday, August 29, 2014

I listened to all 7 videos from Tim Sykes and then did something that I started doing about a year ago before I plunked down down my hard earned money. I ran a scam and ripoff search and found all of this usefull info on ripoffreport. Now I do it every single time before buying any kind of "program" for making money. So I will not be buying Mr. Sykes program thanks to all of you. How long can he keep fooling people do you think, before it is simply common knowledge that his "system" does not work?

Thank you for your great help and thank you ripoffreport!



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#12 Consumer Comment

Solution to Timothy Sykes Pump and Dump Ripoff

AUTHOR: - ()

POSTED: Friday, June 27, 2014

To those being ripped off by timothy sykes, try considering filing a complaint with the Federal Trade Commission At ftc.gov/complaint

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#11 General Comment


AUTHOR: matthewB - ()

POSTED: Saturday, May 10, 2014

I have been following timothy sykes for awhile and came to a complete conclusion about him and his "legacy pennystock trader".

No you will not get rich from buying his OVER PRICED DVD's or "Milliondollar student challege" COST 55000 (Interview by Phone)

Yes Timothy Sykes is a real person that, MAKES 90% of his money on PROMOTION  

Yes Timothy Sykes is a promotor and a affliate, He makes more off of you and his affilates (sure trader)(profit.ly)

Yes Timothy Sykes has a track record for gains but also many losses "which is apart of the game" 

No Timothy Sykes method is not orignal at all, you can find better ways of investing, HE IS SELLING YOU THE IDEA OF GETTING RICH AND HE KNOWS SUCKERS WILL FOLLOW AND "BUY INTO HIS "EDUCATION PURPOSE ONLY DVD/METHODS"

No Timothy Sykes is not a scam artist, Just taking advantge of the lesser and selling his product NOT KNOWLEGE 

Please understand all of this before buying anything from him, I have person watch everyone of his dvds, he is a real person that speaks his mind, great personality. 



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#10 General Comment

Dont Hate

AUTHOR: Catch_The_Bad_Guys - ()

POSTED: Wednesday, December 18, 2013

This comment is for Author John, who submitted a comment to the original article, who is attacking a religious group based on the actions of one. Because of his hate reteric, more than likely prompted by anger towards this one person, his comment loses its credability we would hope for. It doesnt carry much weight if your comment paints YOU in a bad light when the reader reads it. If he would so kindly edit his article and leave his personal feelings out of it and just use straight facts, it would be appreciated as well as giving his comment more strength in helping the cause.

John may wish to understand that a religious affiliation is not indicadive of a person's actions and really has no bearing on the ripoff at hand and is misguided and misplaced.

Perhaps John, you might wish to spend more time with people of all religious groups and you might find that everyone has similarities and differneces that reflect in your own life and I'm sure you would be better for it, myself included.
Since some time has passed since the comment was written, you can go over it and maybe see the same thoughts I had when I read it.

If this person has done wrong then we can band together to fight that injustice.

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#9 Consumer Comment

We know Tim Sykes

AUTHOR: scammed by tim sykes - ()

POSTED: Wednesday, April 03, 2013

I don't know Tim directly but we have a colleague who works with Tim and is a personal friend.  Whether this is true or not I don't know but I do know he is a personal friend of Tim's as he has show me pictures and parties with him on occasion.  Here's what he told me in confidence:

  1. Sykes doesn't trade actively himself.  When my friend asked Sykes about his trading, his amounts which he trades are so small they are insignficant.  
2. Sykes admits personally he is a promoter and that he fleeces his customers who he refers to as suckers
3.  He makes $800,000 on a 3 day seminar.  Trading makes so little money for him he has no interest in it.
4.  My friend works in the finance industry gives him the picks which he posts on his site.  My friend trades these picks before Sykes posts them on his site for easy profits.
5.  He admits he is in the training industry / get rick quick industry note the tradingindustry.  He knows what's being said about him.  Sykes knows he is a fraud but he keeps his schtick going to maintain his lifestyle.  
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#8 Consumer Comment

Timothy Sykes Scam ?

AUTHOR: dete49 - (United States of America)

POSTED: Friday, August 31, 2012

Having paid the 50.00 to join Sykes's chat room hoping to make some good trades on penny stocks since his home page touts that he is a great trader on penny stocks, this is what I found. Timothy Sykes gets you to pay the 50.00 a month then he rants to get you to pay 1500.00 a month to answer your questions. Sykes post allot of stuff about himself. He has a huge EGO, anHaving paid the 50.00 to join Sykes's chat room hoping to make some good trades on penny stocks since his home page touts that he is a great trader on penny stocks, this is what I found.

Timothy Sykes gets you to pay the 50.00 a month then he rants to get you to pay 1500.00 a month to answer your questions. Sykes post allot of stuff about himself. He has a huge EGO, and no penny stock picks like his home page says. He has 200 plus people in the chat everyday at 50 bucks each.New people come in everyday asking for help and he says you need to pay the 1500.00 a month for me to help you. It is very doubtful he makes millions from trading penny stocks but from all the money he collects from his chat rooms and video stuff.

TimAlertstimothysykes: fib*** upgrade to silver and shut the f*ck up,

TimAlertstimothysykes: if u cant afford $100/month for good information u should not be trading. It is very obvious that Sykes gets you in the 50.00 room and then tells you to upgrade for the stock trades and buy his video lessons or shut the F up.

Read the complete report

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#7 Consumer Suggestion

Sykes - You are a joke.

AUTHOR: tcaldwell45758 - (United States of America)

POSTED: Thursday, August 02, 2012

Nice disclaimer that mirrors the many of your totally "legit" websites that are entire crap. http://www.timothysykes.com/terms-of-service/ Also, sweet Terms & Conditions on your "profit(.)ly" website. http://profit.ly/disclaimer Notice this part, "TLC Media LLC aka Profitly is not a registered broker-dealer or registered as an investment adviser." If you need help finding that part, make sure you scroll down the page to the part labeled "Our policy towards children", I'm sure that most users would generally believe hard evidence of "don't actually believe our crap and here's the disclaimer to cover our butt" statement to be under a label that is there to misguide.

I just hope you come back here and post one of your excellent rank rebuttals from your website with all the vulgar because you get "2500 emails a day". Also, not a customer of yours, never was, just up extremely late and have come across your garbage methods. I just hope people take time to fully understand they do not need to think your methods are legit profit makers. Penny trading is dangerous and for those stupid enough to follow you and put up with your childish garbage, I wish them luck, for people that purchase domains that are meant to pick up search terms of "timothy" "sikes"  and "scam" just to be reroute you to your own landing page are morons anyway. Just my rant on things I hate, and you made the list! 

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#6 Consumer Comment

Sykes Spends All Day Online Looking to Attack People Who Expose Him

AUTHOR: John - (United States of America)

POSTED: Monday, April 16, 2012

Sykes, you claim to have no time to sue but apparently you have enough time to monitor Rip-Off report all day everyday, and are quick to post one of your useless rebuttles.  But for some reason you have no time to respond to the points I have made.  Much in the same way you handle your so-called track record, you cherry-pick the points you respond to while ignoring the others that you are unable to talk your way out of.   I'm laughing at you.

Let me add that you are NOT a stock picker.

You are a gambler.

You have no clue about risk or anything else related to prudent investment management. 

Penny stocks = gambling, NOT investing

Get that through your head and stop making all these false claims and promises to suck in deserate fools.

One cannot "build wealth" trading speculative and manipulated penny stocks despite your claims.

I would suggest you take some investment management courses so that you will understand the meaning of the phrase "building wealth."  You're a mental midget and paid-off stock promotor as well as suspected front runner.

You know well that the spreads between bid and ask for BBs are so wide (and manipulated by the market maker) that it is impossible for anyone to get in or out at the price you do, so you buy/sell then alert your naive followers, which moves the stock price in your favor.

What's really funny is that you make these ridiculous claims like youre all about transparency, but you dont put your money where your mouth is. Let's see your IRS tax returns from the past 3 years, your brokerage statements, etc. 

Do you really think it's not a crime to lie about how much money you make and how much you've earned in trades, etc?   It is when you are tying your so-called business to it.  

Again, guys who know how to make money consistently trading DO NOT cater to the gullible retail public filling their head with false hopes and selling them bull. Only CON ARTISTS DO.

You're a typical Jew.  Can't you guys earn an honest living?


If you want the securities regulators to put you on the radar, keep whinning with your senseless responses.  If you prefer not to be investigated, keep your big mouth shut. 

Either way, I'm gonna have the last word whether it's here or elsewhere.  The choice is yours Jew boy.

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#5 REBUTTAL Individual responds

This Is Getting Silly

AUTHOR: TimothySykes - (United States of America)

POSTED: Monday, April 16, 2012

A.) I have never paid for any testimonial, they are all actual students and subscribers

B.) I post ALL my trades, they are all time stamped on Profitly and sent out to thousands of students and most of my trades are predicted ahead of time in premarket watchlists

I'll continue making 50%+/year as will my students, if you don't want to join, that's cool, don't, I'm overwhelmed as it is, the result of making many dead on calls as doubters watch in real-time...you can say what you want about me, I'll sue when I have time later on, right now I'm focused on teaching and trading, you're welcome for my efforts


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#4 Consumer Comment

Sykes is a Con Artist

AUTHOR: John - (United States of America)

POSTED: Monday, April 16, 2012

Hey Tim, nobody gives a *uck how hard you claim to work. As far as I've seen, you're telling everyone how you live the good life all the time. You are such a typical J*w BS artist.

I can claim I am up by 50,000% so long as I dont have to prove it.  I know you have brokerage accounts with a large number of brokers and you cherry pick the trades you make and only post those. As well, your entire premise of selling alerts for penny stocks is useless because what YOU buy or sell at is UNLIKELY to be the price available for others. Therefore, someone who is your subscriber could get crushed even IF you were to make money.

You know that the suckers you pull into your scheme (by selling them these ideas that they will become rich) do NOT know this about penny stocks. 

Finally, you are involved in PAID STOCK PROMOTION (which is what scam artists do) AND I have very good reason to believe that you and/or your associates are involved in front running.    

If you really knew how to make money trading:

1) You wouldn't be messing with this trading service BS

2) You would STILL have a hedge fund (instead you got blown up)

The fact is that this is the only way you make money is to lure in naive suckers after brainwashing them and lying to them.

Sykes is a complete fraud and con artist.

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#3 REBUTTAL Individual responds

Inaccurate Posting

AUTHOR: TimothySykes - (United States of America)

POSTED: Monday, April 16, 2012

Hi this is Tim Sykes and I work my butt off every day making videos, watchlists, trades, webinars and answering email questions...so you can see how I might be offended when someone is lying about me. The truth is that I teach traders how to be profitable, but many people expect the world within a few days, weeks or months and they fail to realize getting rich int he stock market is all about compounding growth and taking advantage of opportunities as they arise. The past few months my accounts have been up 15%+ vs. the market as a whole up 10%+ and the past year I'm up 50%+ vs. the market being up 30%...go back over time, I'm up nearly 2,000% since 2008 where the market is up a few percent...

It takes time to build wealth and unfortunately people like those you see above expect to get rich quick. They ignore the many hundred video lessons I give them (only 1/8th of my subscribers even bother watching them), they force trades when I say do nothing (uneducated people lack patience) and they screw up good opportunities for many different reasons.

It's not a "ripoff" for me to teach what works and what doesn't and "the few lousy trades" this guy is referring to have helped build my account and my performance over time ($3 million in trading profits the past decade) and my subscribers performance ($4.2 million in profits the past few years...go see EVERY TRADE DETAILED on PROFIT.LY) over time speak for themselves.

Patrick, I'm sorry that you're lazy and impatient, but that doesn't give you a right to lie...as for the refund, is you were within the specified timeframe, you should get it, but this newsletter is owned by Market Authority, not my publishing company...I'm just the hired guru here so please do contact them...and I accept your apology in advance for your ignorance.


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#2 Consumer Comment

Sykes is a Con Artist

AUTHOR: John - (United States of America)

POSTED: Sunday, April 15, 2012

Timothy Sykes is known to make false claims, cherry-pick the trades he posts (he does not post all his trades) and promise his subscribers will make millions.  However, this is all a scam. He also posts FAKE testimonials and will NOT post complaints from people who have lost their life savings.

In addition, he is a paid stock promotor and engages in front running (buying then telling his sheep subscribers and others that the stock is going to soar so they buy it and it drives his shares up; he does the same on the short side too).  Sykes you are a typical Jewish crook. People I would advise you to stay away from all Jews, especially those in the financial industry. They are always crooks like Sykes. Sykes will be hearing from the SEC soon.

Hey Sykes, do you really think I'm not onto your con game?

If you knew how to really make money trading you wouldn't waste time pitching ridiculously overpriced DVDs, seminars, subscriptions, etc.  The fact is that this is how you make virtually ALL of your money.  *amn crook!

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#1 REBUTTAL Individual responds

The ONLY Ripoff Is This Review, Bring It On Promoters

AUTHOR: TimothySykes - (United States of America)

POSTED: Wednesday, April 06, 2011

Being one of the few real stock pickers in the world, I've got about a million things to do, but I refuse to have my name tarnished by LIES. Please allow me to rebut and I'm excited to do an entire blog post dedicated to this, thanks RipOff Report

Accusation: "a few bad penny stock picks for stocks he owns and profit from if they went up in value"

Why this is a lie: Until now most of my trades have been hypothetical as I've been setting up my longterm account and thanks tot he watchlists, subscribers get the picks before I buy/short them personally...not to mention they are very liquid stocks which are meant to be held for days if not weeks so I don't influence them...as for them doing crummy, judge my performance so far yourself:

Short WLOC at 70 cents (I actually did short 10 days later at 60 cents/share, covering at 33 cents/share for a $30,000+ gain) +45%

Short QPSA at 14.60 (it dropped to the 6s within a month) +59%

Buy QPSA at 6.25 Sell $7.05 +13%

Short SPLM 3.45 Cover 2.30 +33%

Buy MOBI 11.15 Sell 1/2 13.10 (my other half hypothetical position is up even more given its 13.60 current price) +23%

Buy PLPE 0.80 Current $1/share +25%

So please I DARE you to tell me how this "performance" is crummy

As for the refund policy, there are no hoops to jump through...Wealth Insider Alliance is this newsletter's publisher and they are GREAT about refunds, although we've had less than a handful given my SUPERIOR performance that has played out over the past few weeks since we started this newsletter.

In my opinion there should be no refunds because we have to put up with lies like this...but because I'm so sure about my proven strategy which you can see ALL my trades over the past 12 years on http://profit.ly I gave in.

People who leave reports like this represent the very worst of humanity and I thank them for their lack of honesty and ethics for its your kind of people from which I derive my profits (assuming this person is a stock promoter who doesn't want me to expose this shady industry)

Any questions, concerns, contact my team http://www.timothysykes.com/contact

Pick by pick, video lesson by video lesson, I'm gonna make you people less stupid and less poor...LIES like this only help to inspire me more.


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