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Author Topic: Official Rules List for $1,000 to $100,000 club
offshoretrader
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Here a list for the official rules for the club.
1.Post only 3 picks per week .

2.No stock pumping.

3.No stock bashing.

4.Respect your fellow trader.

5.If you don't like a stock don't buy it.

[This message has been edited by offshoretrader (edited January 05, 2004).]


Posts: 480 | From: Dominican Republic | Registered: Sep 2003  |  IP: Logged | Report this post to a Moderator
STAR GAZER
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Since this is $1,000 to $100,000 board, do we
have an official stock portfolio where we start with $1,000 and then buy the 3 stocks
(or try to buy them) listed Sunday and then start selling/buying in that specific portfolio according to the buy/sell reccommendations that we come up with. Also, can we have a posting so that we can keep track of the portfolio? For instance, we decided that the 3 stocks that we liked were CTKH, PGHI, & CESY. If we were able to buy PGHI & CESY, but not yet CTKH then we will still have 1/3 of our $1,000 left with which to buy a stock. So our posting will say how many shares of PGHI & CESY that we have and
what the entry price was. It would also show
the money that we had left for Buying CTKH.
If we are not able to buy it by the end of the week, then we can try for some other stock. Also we can keep track of the stocks that are in the portfolio, and as they go up or down in price we can decide when to sell them (or leave that up to offshoretrader).
And once we finally have our starting 3 stocks, we won't buy any more untill we sell a stock. Then, depending on how much money we get when we sell the stock, we can then vote on what to buy next. We can continue doing this and then at the end of the year, we can see what our portfolio is worth. Also,
if anyone decided to start a stock portfolio with a set amount of money, such as $1,000 or
$2,500 etc. and then trade it according to our group decsion, can we have a posting so we can list how we are doing? For instance, I put $1,000 aside in my account that I am going to buy/sell according to this boards reccomendation. For a starting position, I divided my money into 3 = parts and put in bids for CTKH, PGHI, & CESY. I usually am not able to use a computer during trading hours, so at 0300 Central time I put in an order to buy CTKH @ .0036, PGHI @ .045 & CESY @ .0027 I wasn't even close with CTKH, but I got the other two. I have changed my buy order entry price to .0055. I will keep this specific set of stocks separate from my other stocks and specifically trade it according to our reccommendations. I can let you know at the end of the year how I did, or
if we decide to have a posting specifically for our portfolio based on a starting point of $1,000 (or whatever a person decides to start with) then everybody can watch it grow or sink in real money, plus, as a group we can decide when to sell a stock and then what to do with that money and I will trade it according to our groups reccommendations. One other thing, since I came up with a count
of 12 votes for CTKH, 6 for CESY, 5 JRSE and
4 AGRD, I have set up a second $1,000 that I am going to put in bids for tomorrow for CTKH @ .0055, CESY @ .0027, JRSE @ .032 &
AGRD @ .0096


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solbuscom1
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hello offshoretrader

I find your rules very interesting
but do you want us to say every day (or week) wich stocks we have bought or sold?
Solbuscom

quote:
Originally posted by offshoretrader:
Here a list for the official rules for the club.
1.Post only 3 picks per week .

2.No stock pumping.

3.No stock bashing.

4.Respect your fellow trader.

5.If you don't like a stock don't buy it.

[This message has been edited by offshoretrader (edited January 05, 2004).]



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VNGNTN1
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STAR
I asked similar question(comeents & questions) I feel there should be reference sattistics so each person knows how they are fitting into the club.OFFSHORE felt that we should only post closed positions. also was worried MM would monitor and then gap up. I think we can solve these problems
VAN

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DOUBLE L
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I am lost on how this is going do we start looking for new stocks each week.I do not see a new thread for this week. I have some but not sure where to post. Or do we wait till we sell something? Bingo if you are out there e-mail me at lloydstrading@yahoo.com
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ozzy33
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i would go for MDTL, BWEB, ICGE
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offshoretrader
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quote:
Originally posted by DOUBLE L:
I am lost on how this is going do we start looking for new stocks each week.I do not see a new thread for this week. I have some but not sure where to post. Or do we wait till we sell something? Bingo if you are out there e-mail me at lloydstrading@yahoo.com

Double L please look at the stock club alert page if you dont know where to post
we were going to vote every week but maybe everyone's tied up this week.

offshore


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wyznrich
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I am a new visitor to this board. What is this all about? Can anyone join? Have been trading less than a year, still learning. Rely mostly on charts and TA. I might have something to offer, at least another research source. Like your title!
Posts: 42 | From: Tulsa, OK, USA | Registered: Jan 2004  |  IP: Logged | Report this post to a Moderator
offshoretrader
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quote:
Originally posted by wyznrich:
I am a new visitor to this board. What is this all about? Can anyone join? Have been trading less than a year, still learning. Rely mostly on charts and TA. I might have something to offer, at least another research source. Like your title!

wyznrich all you have to do to join is get on the email list and make some picks.
welcome.

offshore


Posts: 480 | From: Dominican Republic | Registered: Sep 2003  |  IP: Logged | Report this post to a Moderator
NewInvestor
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Please include me on your list.


hornsnhailo@yahoo.com

It is interesting but the 2/3 stocks that you guys suggested I was considering buying. I am a new investor myself and would love to learn new investing techniques.

The stocks I was looking at buying is
AGRD, CTKH, ADVC, CESY, Ththf

If anyone for any reason feel that one of those stocks will not do well, please bash me an email. I need as much constructive criticism as possible. I love to learn and any advice is much appreciated.

Please let me know if I am going through the right steps for joining your club.

Sincerely,
Hailo


Posts: 2 | From: Gallup, NM, USA | Registered: Feb 2004  |  IP: Logged | Report this post to a Moderator
offshoretrader
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no problem hailo your in.

offshore


Posts: 480 | From: Dominican Republic | Registered: Sep 2003  |  IP: Logged | Report this post to a Moderator
2ndrow
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I would like to be in as well. Thanks Everyone, can't say I have found a better group than the group at Allstocks.com.

My Email: ryanbarr@hotmail.com
Ryan

[This message has been edited by 2ndrow (edited February 16, 2004).]


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offshoretrader
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2ndrow your in but, to anyone else please go to the 1,000 to 100,000 topic and click on the link. Thanks, offshore
Posts: 480 | From: Dominican Republic | Registered: Sep 2003  |  IP: Logged | Report this post to a Moderator
   

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