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Author Topic: What was I thinking?
duke
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Yes, after watching 3000.00 in qbid profits go down the drain ( I wanted to let my profits run,ha ) I bought 500000 shares of IVOC. Now it's gone nowhere and I've inherated 500 shares of each of its spin offs. Does anyone have thoughts on this one? Believe me, I playing with money I can afford to lose. glta. even qbidders
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Dustoff 1
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Well, if you were like the rest of us, that made money on the big run? Maybe you should of paid more attention to Diana....When she started getting cold feet up near the top 0.0197 I bailed! Can't remember for sure, but I think my first buy was at .001.

IVOC, man, that thing stung me a little bit.

So did GZFX about 2 years ago..But I recovered all my losses and wound up making a huge profit on the last runs...You just never know!

I've got a bunch of those worthless screwball CMKX Dividend stocks..Want the goofy things?LOL

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Thorn
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quote:
Originally posted by Dustoff101:
I've got a bunch of those worthless screwball CMKX Dividend stocks..Want the goofy things?LOL

Are you glad you waited for them?

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May your trading build your character as well as your portfolio.

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JoeMillion
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Duke,

Hang in there. Penny stock investing has huge rewards. Although you can lose alot,but you can hit the lottery. Most penny stock investors lose in the beginning but soon they learn from their mistakes and profit big.

Just follow the market trends, study charts and read news.

Don't give up investing in penny stocks.

glta

Joe

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duke
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Hey Joe, I'm not discouraged. I'm just learning to take some profitd now and then. I've made some good plays in the last 6 months. I've got money riding on gzfx, fcdh, and itgj, plus a few hunred let in qbid and ivoc. I'm about 800.00 ahead on gzfx.I think I'll make a few thousand profit in the next few months. glta
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JoeMillion
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Duke,

Golden rule Penny stocks #1

Always take initial investment off the table


Golden rule Penny stocks #2

Always take profits.


Golden rule Penny stocks #3

Buy when everyone is selling and sell when everyone is buying.

I was slowly loading up when gzfx annouced A/S increase from to 2 billion to 4 bilion. People were selling like crazy and hated gzfx before now they love gzfx.

I see a similar thing happening with rshn. Right now people hate rshn and selling like crazy. Only the wise see what is happening and are buying. imho

gl duke whatever you decide to do.

Joe

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Thorn
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But how do you determine #3, and how could you predict that gzfx would rebound? What if gzfx went down and didn't come back? I've even bought stocks that had pending good news, but it didn't pan out and I lost money on it. :/

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May your trading build your character as well as your portfolio.

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duke
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Ahhhh! Now that's the tricky part in gambling er I mean investing! Gotta run to the office, see ya!
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JoeMillion
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"But how do you determine #3"


1) Follow market trends and news. DVD and game rentials is hot. With the upcoming release xbox and ps3 It was a sure bet.


As for rshn, Lots of news of bird flu concerns and flu and cold season coming.

http://biz.yahoo.com/bw/051026/265938.html?.v=1

http://www.fortwayne.com/mld/newssentinel/living/13200862.htm

http://www.medpagetoday.com/PrimaryCare/AlternativeMedicine/tb/1993

http://news.yahoo.com/s/wyff/20051212/lo_wyff/3118497



Joe

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MiniMicroman
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Anyone here see the news on Micorsofts XBOX 360?

The things are overheating like crazy...... Talk of a recall possibly coming....

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JoeMillion
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Yeah lots of defects.

Joe

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