Career
In 1999, while still in high school, Sykes took $12,415 he had received in bar mitzvah gift money and began day trading penny stocks. He would turn this initial investment into over $1.65 million before the age of 21.
Sykes attended Tulane University and graduated in 2003 with a bachelor's degree in philosophy and a minor in business. While at Tulane, Sykes routinely skipped class to day trade. In 2003, during his senior year, he founded Cilantro Fund Management LLC, a short bias hedge fund.
Barclays named Cilantro Fund Management LLC the #1 ranked short bias fund from 2003-2006.In 2006 Trader Monthly named Sykes one of the "Top 30 Under 30" traders in the market.
Sykes released An American Hedge Fund: How I Made $2 Million as a Stock Operator & Created a Hedge Fund in 2007.[13] The book chronicles Sykes' rise from a college student day trading penny stocks to the early-20s multimillionaire hedge fund manager and the lessons learned throughout.
In 2008 Sykes decided to recreate his initial investing success by again starting with $12,415. He named the attempt Transparent Investment Management (TIM). After two years, Sykes turned the initial sum into $90,368 and was the #1 ranked trader on Covestor.
In 2012, Sykes created "Miss Penny Stock" a financial beauty pageant to a representative for his brand and company.
Penny Stock Dream is not your usual penny stock picking website. We are a team of analysts and investors in the field of selecting penny stock picks. We have gotten used to seperating the ordinary from the extraordinary when it comes to the stock market, especially when it comes to researching and reviewing penny stocks trading on the OTC Market and Pink-Sheets exchanges.
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