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Author Topic: the trick to making money in pennies...
glassman
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quote:
Originally posted by Wallace#1:
Glass,

"goats...." LMAO

Also noted the "blinded" dig. They just do not know any better.

goats are cool once you get past their "evil" looking pupils.....

i heard some guy is getting a contract to clear brush for fire control in SoCali...he's bringing them from Greece or something like that...
yo-delady yo-deleady yoo-hooo ooo ooooo [Big Grin]

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Don't envy the happiness of those who live in a fool's paradise.

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Wallace#1
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Are you drinking kool-aide now?
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G_Ho
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quote:
Originally posted by zoltan:
quote:
Originally posted by keithsan:
I'm tame my injun on whiskey days are over about the only liquids i take in are coffee and beer though. [Smile]

Its only my 21st birthday today! Last night i had 9 rum and cokes..a case of beer and 22 shots at the bar... Now im at work... Looking at MLXO and the only thing thats stopping me from puking is the price
I'm going to have to call bull**** on that.

a case of beer and 22 shots and 9 run and cokes?

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Do you know what "nemesis" means? A righteous infliction of retribution manifested by an appropriate agent. Personified in this case by an 'orrible 'unt... me. -Brick Top

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zoltan
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No sir ree bob.. UP HERE in CANADA we do things a little different...Eh [Wink] my girlfriend can almost polish off a flat in a whole day. Thats like 2 beer an hour Woopty doo.

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Dead Kennedys-"Give me convenience or give me death"

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blueranger
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i would like to try some of that yukon beer..
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<stock fool>
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Question...when your stuck in a stock that's in a rut, what do you do? Do you keep it for months hoping it turns around or do you cut your losses and get out? I've been in PTSN for 3 or 4 months now. I bought in too high and then took the rest of my investment money and bought more to bring my cost down to .0008 (I know...not too smart to put all my money in one stock, huh?)

I'm currently flip/flopping on what to do...hold until May when news is suppose to come out or do I sell knowing that I'd be selling at it's low (can't seem to get above.0007 anymore). My patience is really running thin on this dud.

Thanks for you comments!

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Machiavelli
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Either get out or put a stop/loss (in this case a mental stop/loss) and when it hits that price get out.. protect your profits and cut your losses when it comes to any stock.. put your money in a better stock.. #1 rule in trading.. never fall in love with the stock... that news in May is a could/would/should be news.. it might come out or it might not but either way you will be holding the bag.. as for putting all your money in one stock.. yes that was not wise.. you should never commit no more then 1/3 (33.33%) of your bankroll in any one stock.. even 1/3 is high but 1/3 is a good all around number and rule to go by...

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Let the world change you... And you can change the world.

Ernesto "Che" Guevara de la Serna

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zoltan
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Never try to catch the falling knife if its starts falling... but if i were you.. and id wait until may if i was stuck BUT if its still falling cut your loses short invest in something else...make your money back.

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Dead Kennedys-"Give me convenience or give me death"

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slim
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You will probably get many replies to this, everyone's situation is different. If I was in a situation I would cut my losses now be very careful on my next investment and try to recoup. I find it is not a good idea to try to dollar average on penny stocks, I have done it and won, but it is risky business. Never put all your money in one stock.
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Ziptar
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I am new to stocks, I have read this thread and am learning the charts i have a decent watch list going.

I had planned on "playing" my watch list without actually buying any for a month just to see how I did.

However, I think I am going to buy MLXO. Chart seems like it is just about to swing. RSI is just about 50.

How did I do as A n00b?? good pick?

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cruz
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be sure you can afford to lose the money you invest.
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Ziptar
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I am, starting small.. few hundred bucks. just want to see what I can do in the $0.00 to $0.0000 world.
I'll get bolder as I see if I can do it.

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Dustoff 1
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Hmmmmmm.....Stuck in a stock, thats stuck in a rut, started ta putt, but decided to dither, now that damn stock is stuck up my bxxx.

stockfools stock problem.

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Machiavelli
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quote:
Originally posted by Ziptar:
I am, starting small.. few hundred bucks. just want to see what I can do in the $0.00 to $0.0000 world.
I'll get bolder as I see if I can do it.

Very bad world to enter if you only have a few hundred bucks.. I would recommend stocks from $1 to $4.99 per share because at least with those you can put a stop/loss through your broker... with stocks $5 and over you can put a trailing stop/loss.. today i was stopped out of ASTM ... bought it at 2.22... went up to 2.45 yesterday and it went back down to 2.22 today.. i got stopped out at 2.32.. so i made a profit.. maybe not as much as i had wanted to but i protected my profits and limited my losses.. now i can enter the stock again when it looks ready to be ripe..and i have more money to enter it with then i had before.. it probably went down today because of the overall market.. the Dow Jones was down like what? 104 points and it became a domino effect..

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Let the world change you... And you can change the world.

Ernesto "Che" Guevara de la Serna

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