posted
I don't doubt that there are members of the CSHD Mafia that DO think I'm not very diplomatic. I call it like I see it, though, nothing more and nothing less.
-------------------- "Entrepreneurship is the last refuge of the trouble making individual."
quote:Originally posted by PCola77: I see no problem with this. In fact I've done it plenty of times myself. (Have yet to hit one, but that's beside the point). My only concern is that people (newbies, primarily) may read your post and say "wow, a 50/50 chance that I could lose just commission or gain 100 or 200%? Where do i sign up??!?!?!!", when the reality is that most likely they will put in a sell for .0002 or .0003, it will never execute, and by the time they drop their ask to .0001 there are no buyers there, and they'll lose 100% of their money, not just commission.
I'm just trying to present both sides for peole that may not understand it. I believe fully that you know what you're doing, and i believe Kevin likes to give people sh*t, but I try to be more middle ground.
Take care.
quote:Originally posted by stocktrader22: You guys are probably right, i just have a good feeling about this one.
Acutally I wouldnt call stocktrader22 a newbie by far. he has made about 5 grand with IEAM and DKAM. Awesome calls both of those.
However I would have to agree on the 0.0001 stocks. Its kinda like minimum wage as chris rock puts it Mother****, I pay you minimum wage, because its illegal to pay you any less. These stocks are where they are, because they cant go any lower. I got burned with 10 million shares of JMCP. I was able to sell them, but only after like 50 bucks in commissions.
posted
I think you misunderstood me. I never said st22 was a newbie, I know he's very experienced. I said newbie's may take his enthusiasm and not see the downside risk.
quote:Originally posted by Vinnie:
quote:Originally posted by PCola77: I see no problem with this. In fact I've done it plenty of times myself. (Have yet to hit one, but that's beside the point). My only concern is that people (newbies, primarily) may read your post and say "wow, a 50/50 chance that I could lose just commission or gain 100 or 200%? Where do i sign up??!?!?!!", when the reality is that most likely they will put in a sell for .0002 or .0003, it will never execute, and by the time they drop their ask to .0001 there are no buyers there, and they'll lose 100% of their money, not just commission.
I'm just trying to present both sides for peole that may not understand it. I believe fully that you know what you're doing, and i believe Kevin likes to give people sh*t, but I try to be more middle ground.
Take care.
quote:Originally posted by stocktrader22: You guys are probably right, i just have a good feeling about this one.
Acutally I wouldnt call stocktrader22 a newbie by far. he has made about 5 grand with IEAM and DKAM. Awesome calls both of those.
However I would have to agree on the 0.0001 stocks. Its kinda like minimum wage as chris rock puts it Mother****, I pay you minimum wage, because its illegal to pay you any less. These stocks are where they are, because they cant go any lower. I got burned with 10 million shares of JMCP. I was able to sell them, but only after like 50 bucks in commissions.
quote:Originally posted by PCola77: I think you misunderstood me. I never said st22 was a newbie, I know he's very experienced. I said newbie's may take his enthusiasm and not see the downside risk.
quote:Originally posted by Vinnie:
quote:Originally posted by PCola77: I see no problem with this. In fact I've done it plenty of times myself. (Have yet to hit one, but that's beside the point). My only concern is that people (newbies, primarily) may read your post and say "wow, a 50/50 chance that I could lose just commission or gain 100 or 200%? Where do i sign up??!?!?!!", when the reality is that most likely they will put in a sell for .0002 or .0003, it will never execute, and by the time they drop their ask to .0001 there are no buyers there, and they'll lose 100% of their money, not just commission.
I'm just trying to present both sides for peole that may not understand it. I believe fully that you know what you're doing, and i believe Kevin likes to give people sh*t, but I try to be more middle ground.
Take care.
quote:Originally posted by stocktrader22: You guys are probably right, i just have a good feeling about this one.
Acutally I wouldnt call stocktrader22 a newbie by far. he has made about 5 grand with IEAM and DKAM. Awesome calls both of those.
However I would have to agree on the 0.0001 stocks. Its kinda like minimum wage as chris rock puts it Mother****, I pay you minimum wage, because its illegal to pay you any less. These stocks are where they are, because they cant go any lower. I got burned with 10 million shares of JMCP. I was able to sell them, but only after like 50 bucks in commissions.
Peace!
that is how i understood it too
-------------------- Disclaimer: Not accountable for anything I say
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f a 10:1 R/S occurs would it be wise to keep a GTC sell at .0001? Maybe it would be better for everyone to put a GTC sell at .0010 in order to break even if this senario occurred. Do not give away your money. I think this stock will do some great things real soon!
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CEO had surgery. where is your compassion. If any of you where in his position how would it make you feel reading the nasty things that you write about him. No one looses at .0001. Be patient. GLTA
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AUGC has nice paint Jenna. This stock is perculating. cancell your .0001 sells or you could miss out on the coming run. I am excited about my AUGC!
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sandor butosi said: "no one loses at .0001"...
Are you kidding? MM's can trade in FOUR zeros - not just three. And better than half of all low end triple zeros will eventually R/S - leaving YOU holding the bag. The lowest I'll go is .0007/8 . Those have a good chance of breaking into double zero territory and beyond. And avoid those "hot stock picks" .
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