I then got real greedy after buying 150k shares of qbid and bought another 1mil or so of it at .0018

I averaged down my price of USCI and own a over half a million.

I am in at cmkx with something like 390k shares, with some money going into it within one week.

I started in Feb. 2004. I have seen my portfolio go way up because of qbid and now level off. However I have learned so much durring this whle time. I regret NOTHING! Qbid was THE stock that has taught me some things about the penny stocks. I've already made moves on cmkx which I think I would not have done four months ago. Averaging down, half-orders. Things like that. It's been a real learning experince.

Whomever started the age thing.............must be a man! Oh, well, I'm new and so I'll get off on a good foot. I live in Houston, TX. I'm 48, still married, but was separated recently and that's when I started in learning about trading stocks. Had traded some in the past, didn't know what I was doing. Took InvestTools trading courses and am just finishing up options. Really like options, but interested in penny stocks. Am really like a sponge at this time in my life.

I have two daughters 30 and 27, 2 granddaughters 3 years old and 8 months old. I have a 1/2 yellow lab and 1/2 weimeraner (sp?) and a black pekingnese. I run with the lab. He's exceptionally smart. Am in great shape and look good for my age. People think the babies are mine. That makes me happy. Okay tmi.

tntrader, are you still posting picks?

Anyway - Yes I am a man.
I almost can't believe the numerous responses to this thread. Very nice to see the wide spread and who's behind the user name..
I almost want to close this thread out but I guess keeping it for newbies is good.

quote:

---

Originally posted by foodchic:

Whomever started the age thing.............must be a man! I have a 1/2 yellow lab and 1/2 weimeraner (sp?) I run with the lab. He's exceptionally smart.

---

GLTA

Half Orders:
Let's say for example you wanted to purchase CMKX but you are unsure of how to do it in a balanced manner. Suppose you wanted to invest 400 dollars. Now this was my exact case in regards to cmkx (not that amount however, less). You can use all the cash at buy at that current level, let's say .0004 which would be 1,000,000 shares.

Or you can can put a buy order in for 200 dollars at .0004. With this move you get 500,000 shares. This is helpful if the price, in your opinion, may raise today, but you have a feeling that tomorrow it maybe lower, for whatever reason. However if you wait and something happens, PR, Run-up, or just a slight increase you loose out. Now you are locked in at .0004, if later on in time, the price drops, to lets say .0003 you can now either buy, or hold out, if you think it will happen, for an even lower price. Now if you buy at .0003 the 200 dollars buys 666,000 shares. In this example, you averaged your initial buy in price down, and at the same time increased the number of shares you normally would have gotten if you bought in full at .0004 buy 166,000 shares. At the same time, if the price goes up, you still bought in at a better price then if you waited to buy everything in full at say .0005, in which case you would have 800,000 shares.

Does this help anyone? I hope so...

It's me, one hubby, one daughter who flew-the-coup this year, two Humane Society dogs.... a Schnoodle and a Long-haired Docker (Schnauzer/Poodle & Dachsund/Cocker Spaniel).

I Work hard & I play hard! Love to inline race & train for fun & excercise, hike, read & dine with great friends.

Kevin

------------------
kjs69