posted
this last month i lost alot of money in pennies like almost half my investment and also not to mention my eyes are acting up funny to now from staring at the screen lol
anyways i want to go into something more safe less risk, is there anything u guys can reccomend to me with less of a risk where i can make some of my money back i want to put a fair amount in this one and try to make back my losses
thanks!
-------------------- The sun even shines on a dogs ass someday....Patience my friend your day will come one day! Posts: 429 | Registered: Jan 2005
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posted
Thanks glassman!!! always liked what u have had to say, u always speak the truth i really do like that about u, u are definatly an asset to allstocks.
is there anything u like though i dont want to jump in yet just want to get alot of peoples opinions and then do my own dd
Thanks!
-------------------- The sun even shines on a dogs ass someday....Patience my friend your day will come one day! Posts: 429 | Registered: Jan 2005
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posted
you're not alone, i lost half my $$ in pennies too. greed got me. i should have sold when i made 20-30% profit but NOOOO i always to decide to hold which then the stock falls like a rock.
now i have put most of my $$ into one LONG term penny stock which is looking good so far.
cnes... hehe it's up and i'm up... looking for that fcc approval which will make me even more up! lol
second choice would be sirius, but i don't expect any movement soon till howard stern comes over which is like in a year. soo this is long.. long term.
hope ya don't think i'm trying to pump those stocks, i'm jsut giving my opinion.
Posts: 11 | Registered: Jan 2005
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thanks stur i apreciate that, i want to put alot of money in my pick, and yeah i thikn cnes is good but just not for the amount of money i want to put but yeah maybe a portion i can put it in, i will put it on my list
thanks
-------------------- The sun even shines on a dogs ass someday....Patience my friend your day will come one day! Posts: 429 | Registered: Jan 2005
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-------------------- The sun even shines on a dogs ass someday....Patience my friend your day will come one day! Posts: 429 | Registered: Jan 2005
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posted
imran, sorry but everything is a chance here, I often buy stocks that i lose 5% on, but, grabbing one for 4X your in is always nice.
I have read, read and re read book after book. From TA to fundamentals.
Bought one today on what i thought was awesome news and its dead in the water. yesterday too, great news huge volume mms stuck it in the mud and aint nothing i can do.
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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posted
Take a look at IBTGF(HUGE POTENTIAL IN THE LONG TERM IMO) They have an excellent product to market! website: http://www.intlbarrier.com/
Another one with potential is LVWD. They work with some major companies! (I will try to buy some BELOW .40) website: http://www.liveworld.com/Posts: 1458 | From: Ohio | Registered: Mar 2004
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quote:Originally posted by glassman: there is no sure deal in the stock market imran...
anybody tells you it is? RUN!
a lot of people have lost a lot of money in NONpennies too..the market is being tough on everybody.....
Glass,
Now you're telling people to run from my pick? LOL
Like I said, UAHC is a solid buy....bound to go up and I will remind you guys when it does. Great fundamentals and IMO, low risk.
Another one I like is UCIA (I hold it too). Just bounced up from around 1.56 to 1.70+, 52 wk high was about 3.20, again good fundamentals, news out today, O/S is around 9.5 mil shs and FLOAT, FLOAT, FLOAT IS ABOUT 2.5 MIL SHS.
Forgot that I wasn't going to help you guys out so soon!!! LOL
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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posted
My strategy, "IF" I make a good profit from one of these penny stocks, then I would like to roll some of that into Big Market stocks.
Posts: 424 | From: Baltimore, MD | Registered: Apr 2004
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posted
You may wish to check out VMTI. Considerable insider buying the latter part of last year, the last being 11/17 with 1.07 million shares @ 1.16. 4% institutional ownership. Lo for the year was .82 and Hi 3.00. Up 4% @ 1.18 today with looks like a slight uptrend the past couple of months. May be good for mid-term buy. Something to check out. Don't take my word on it though. Best of luck. And believe me, you are not the only one to take a beating on penney stocks lately!
Posts: 70 | From: west end of Michigan's upper peninsula | Registered: Jan 2005
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quote:Originally posted by Marva18: Hey Keithsan, I used to live in Somerville and Jamaica Plains.
Great city, miss it alot.
In Jamaica Plain I used to live behind Doyles Pub love it. Davis and porter squares are nice to have some friends up there.
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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quote:Originally posted by Marva18: Hey Keithsan, I used to live in Somerville and Jamaica Plains.
Great city, miss it alot.
In Jamaica Plain I used to live behind Doyles Pub love it. Davis and porter squares are nice to have some friends up there.
We lived in a house not far from the stoneybrook orange-line stop on hubbard st. not far from center street. My landlord used to frequent Doyles pub many times, actually too many times.
We liked Coolidge corner in Brookline, Harvad Square, etc. I worked up in Burlinton for a technology company.
Posts: 424 | From: Baltimore, MD | Registered: Apr 2004
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posted
hey guys thanks alot for the posts i have written down all the companies mentioned and will continue to check out companies for about a week or so then i will pick the top 5 and distrinute my money into them and monitor them once a day if any doubles i will sell half and hold free shares till i die lol
Thanks alot guys if there is any other companies let me know, i greatly appreciate it, you guys here at allstocks are awsome!
-------------------- The sun even shines on a dogs ass someday....Patience my friend your day will come one day! Posts: 429 | Registered: Jan 2005
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posted
i lots 5k last year in the pennies. but it was my fault.. i bought on news then when it dropped i got down and out and sold with big losses... now that i have watched them for a while the same old names keep coming back... so what i should have done was averaged down and then just waited for the news and i could have got out back on top...
so i was down and out till i caught a couple of runners.... right now gtel is in a long sustained run... and cnes is growing... so climb on board a runner and start feeling better.
Posts: 1070 | From: louisville,ky,usa | Registered: Oct 2004
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quote:Originally posted by blueranger: i lots 5k last year in the pennies. but it was my fault.. i bought on news then when it dropped i got down and out and sold with big losses... now that i have watched them for a while the same old names keep coming back... so what i should have done was averaged down and then just waited for the news and i could have got out back on top...
so i was down and out till i caught a couple of runners.... right now gtel is in a long sustained run... and cnes is growing... so climb on board a runner and start feeling better.
Some good tricks when they drop is to try to accumulate. It's a risk because if they go up fast and your out, you'll lose out. But sometimes you can find a trend for a couple weeks and get in get out a couple times and increase shares, so when they do move up you have a larger chunk. I like to forget about the price of the stock and see if I can increase shares, its phenomenal when the do start to move up.
I have a lot in a 403b and some high dividend paying stocks and some that I consider longs (I agree with glassman that you just don't know when it comes to investing and you have to accept the risk), I would not touch my life savings.
But on the other hand I like to dabble in pennies some. High risk and possible high rewards are good in my book.
I'm new here and new to this stuff so I thankyou everyone here, I've learned a lot reading posts from folks like Bob Frey, Glassman, Keithsans, Spary..etc. I'll be in these pennies for years to come.
I think learning as much as possible about placing orders is important when buying into these stocks. Learn how to buy a certain number of shares at a price at AON. Learning the ins and outs of how your brokerage services works is very important when dealing with any stock. Also learning how to accumulate and not get in on stocks that may have peaked is very damn important!!
Posts: 138 | From: FLORIDA | Registered: Dec 2004
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i dont know much but i do know it would be best to diversify... Dont put all your eggs in one basket that is my advice. Dont be in any rush to put all your money into the market at one time. Just wait and be patient until you see something you like and then put some of your money in it. I dont know much about the market but so far i have had success doing that. Those are my thoughts sorry i dont really have any advice in terms of specific stocks i just do what glassman says to do Posts: 84 | From: austin texas united states | Registered: Jan 2005
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got all that my mistake was buying the runners i always got in high!!! and sold low!!! i think i have learned not to do that anymore, infortunatly the hard way
anyways i thikn i am going to buy stocks that have dropped alot and that once were talked about alot and moved up alot but since have lost intrest and now are falling fast, one i am thikning about is IWWH as an example i thikn it may bounce if i get in at .001, is this an ok stratagey to try???
man with pennies there is so much to learn damn!
-------------------- The sun even shines on a dogs ass someday....Patience my friend your day will come one day! Posts: 429 | Registered: Jan 2005
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quote:Originally posted by Marva18: Hey Keithsan, I used to live in Somerville and Jamaica Plains.
Great city, miss it alot.
In Jamaica Plain I used to live behind Doyles Pub love it. Davis and porter squares are nice to have some friends up there.
We lived in a house not far from the stoneybrook orange-line stop on hubbard st. not far from center street. My landlord used to frequent Doyles pub many times, actually too many times.
We liked Coolidge corner in Brookline, Harvad Square, etc. I worked up in Burlinton for a technology company.
you can't frequent doyle's too many times. Stony brook is nice if your on the right side. lived in allston and did the coolidge corner thing often.
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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posted
well, you bought the runners on news and got in high right before the sell off and you made the mistake of selling yourself and loosing money..
what you should have done is just rode it down all the way down..then put some more money on it to change your average price.. then held on for the next month and it would have poped a little and you would not have lost money...
so the trick was patients... i made the same mistake...
Posts: 1070 | From: louisville,ky,usa | Registered: Oct 2004
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so what i am thinking is i find stocks that have run up alot and then if there is a dip such the case of BWDI which i was going to buy at .01 but didnt then i buy and like i mean stocks that are talked about alot such as IWWH
you think buy doing that i will do ok?????
-------------------- The sun even shines on a dogs ass someday....Patience my friend your day will come one day! Posts: 429 | Registered: Jan 2005
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posted
i have been thinking of a strategy and i am calling it bottom feeding..
last year i bought ttcs on dawdogs rec. it sank to dismals levels... well it has popped a little since then... but its defeniatly on the bottom... suppose we found 50 stock that we know would pop some times this year and we put 100 bucks on each low..
then at some point during the year you would know that practically on each stock that 100 would be 500... and we would sell on news..
as long as it was a stock that had a little volume like gzfx or hpon or ncdp or msep.. you know that it would pop some time this year.
Posts: 1070 | From: louisville,ky,usa | Registered: Oct 2004
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posted
yeah man i hear you thats the stratagy i am looking at, i am looking for stocks that have been talked about alot at much hiigher levels somthing like ONEV which was talked about alot a month or so ago and nothing has changed with the company except for the fact that pps has dropped, volume is still there and it still seems like a decent company with microsoft back them, so yeah i was thinkputting alittle more then $100 cause my comiision is $30 lol (i hate etrade but thats a different topic) i was thinking more like about $1000 - $2000 and at some point it has to go up!!! and u know what with some of these pennies they have dropped so much man u can make like a 5-10 bagger easy if u hit the right one!!
-------------------- The sun even shines on a dogs ass someday....Patience my friend your day will come one day! Posts: 429 | Registered: Jan 2005
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posted
i think as long as we have volume. and its not a stock like prrm or afrd. perhaps just otcbb.
i think as long as we are not on a constant decline but a cyclical chart.
one we know will put out news ever now and then and that it will make it to the pumpers then i think we will really be fine...
we will call it bottom feeding
it think it might work well.. a couple of good ones right now are msep, ncdp, gzfx,
Posts: 1070 | From: louisville,ky,usa | Registered: Oct 2004
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-------------------- The sun even shines on a dogs ass someday....Patience my friend your day will come one day! Posts: 429 | Registered: Jan 2005
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If you are paying $30/trade, you are paying far too much. Check out ChoiceTrade.....commission for Limit/Market is $5.00 and I have had no problems with them ever.
Posts: 3607 | From: NJ - Outside Phila. | Registered: Mar 2004
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if i decide to continue doing daytrading then i will definatly go with ameritrade
thanks to everyone for some nice stocks i will do my dd on them later and see what i like
again thanks
-------------------- The sun even shines on a dogs ass someday....Patience my friend your day will come one day! Posts: 429 | Registered: Jan 2005
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unregistered
posted
My advice to you would be to do your own DD and base your buying on your opinion not someone elses. I bought a ton of SCOS at 1.01 and have watched it fall to .42. Ouch! I should have sold after a 10-15 % drop but I read too many opinions on what to do and didn't do anything. Never fault other traders advice if you lose because they honestly believe what they are buying will make them money. Just remember we all lose money sometimes so do not invest more than you can afford to lose.Good luck to you!
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and also not to mention my eyes are acting up funny to now from staring at the screen lol
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