So Long MOJO, Thanks For The Biz Model!

Posted by Timothy Sykes on Sat 11th of Oct, 2008 08:45:17 AM

As reported in rarely read industry publications, MOJO, the hi-def TV network that launched me into the emails-at-all-hours-of-the-night-from-people-confused-about-the-stock-market-hedge-funds-penny-stocks-and-short-selling stratosphere when I was featured in season 1 of Wall Street Warriors, will be shutting down in a few weeks.

In a post, Mediaweek says:

Mojo HD, the male-skewing high-definition cable network that was launched in 2003 by distributor In Demand Networks, is going dark on Dec. 1.

In a statement released Tuesday afternoon (Oct. 7), In Demand confirmed that it would pull the plug on Mojo, but was otherwise vague about why it had given up on the venture.

“The Mojo HD channel was originally conceived as a way to satisfy consumers’ thirst for pure true high definition programming,” the statement read. “While Mojo HD accomplished this goal, there is a wealth of HD programming now available and thus we have chosen to discontinue the service.”

Translation: HD programming is damn expensive, the economy sucks and our advertisers ain’t paying our bills.

Sad stuff–but if you have no idea what I’m talking about or would like to watch season 1 and 2, we’ve put all the episodes in TIMtv, just click that link and select the channel “WSW.

As I’ve repeatedly said, filming this series was one of the best decisions of my life since it brought to me where I am now, profiting from teaching others to profit….profiting from cutting through all the BS out there…it’s a hugely fulfilling, not to mention lucrative, biz model, thanks MOJO, you will be missed!

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8 Responses

  1. Hi Tim,

    Thats sad news. I was introduced to you via WSW, then I bought your book and I intend to buy your DVD and timalerts next week. Been trading the indexes since January and I am down at least 50%.
    I have now decided to follow your methods and ignore everything else since you inspired me to continue, thank you.

    One question though, is it still best for me to use ThinkorSwim as I am based in the UK?

    Thanks again and looking forward to some happy trading,

    Dave

  2. damn that sux, but i’m glad u’re willing to continue…it will get easier if u implement some basic rules like quick loss cutting/not trading every day…and yes, i use and recommend thinkorswim, doesnt matter where you’re based

  3. Dam no more free TV?

    What’s next, no short selling period?

  4. Damn that sucks. Wall Street Warriors was the shit. I thought they were making a third season.

  5. where’s my gravatar, damnit.

  6. Damn, that sucks yo.

  7. They also have both seasons of WSW on hulu.com–that’s where I was finally able to find it…

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TIM Trades

View All
Date Stock Buy Sell Net
Dec 1 TWB $3.56 $4.20 $435
Nov 25 SRI $3.76 $4.45 $1683
Nov 24 KVHI $3.71 $4.28 $830
Nov 20 STXS $3.21 $3.48 $813
Nov 18 PERY $4.68 $5.00 $640
Nov 11 IIJI $2.79 $2.95 $442
Nov 6 CVI $4.42 $4.70 $530
Nov 5 MECA $3.68 $3.95 $490

Total: $38,802 (212%)

TIM Alerts

View All
Date Stock Position Ideal Exit % Gain
Nov 24 KVHI Short $3.70 18%
Nov 20 STSX Short $3.10 11%
Nov 18 PERY Short $3.75 25%
Nov 11 IIJI Short $2.80 5%
Nov 6 CVI Short $4 15%
Nov 5 MECA Short $1.95 51%
Nov 4 CVI Short $4.81 4%
Nov 3 NAK Short $3.20 5%
Oct 29 EVC Short $2 26%
Oct 28 HSNI Short $6.80 7%
Oct 28 HSNI Short $5.75 4%

November: 9 alerts, 15% avg gain

October: 11 alerts, 14% avg gain