posted
Hi all, I'm new to this board and the penny stocks. Anybody got any hot tips?
Posts: 3 | From: Long Beach, NY | Registered: Jul 2004
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You might try to follow some of the recommendations (not just the PRs) of people like Glassman and Dardadog, among others. I don't post tips because of bad experiences on the CMKX thread. By the way, would not recommend CMKX...too much confusion and too many unknowns surrounding it. ------------------------------------------- Also a lot of strange people on that thread that think they know a lot of stocks and do nothing but pump it...might be worth your while to check it out for that reason only.
[This message has been edited by Wallace#1 (edited July 28, 2004).]
I'm still fairly new around here as well. One of the first things I found myself having to do is figure out how I wanted to play these stocks (day/swing trading or holding long). I guess it just depends how much time you can and are willing to dedicate to it. I don't have much free time so I decided to hang on to a couple that I thought could provide some decent long term returns. There's plenty of both types of stocks on these boards. Read all the posts but do your own DD as well. Over time you'll figure out who the honest and helpful posters are versus those full of hot air!
BTW, before you put too much weight in Wallace's post above, consider the fact that he is one of the more active posters on the CMKX thread and he too owns shares of CMKX stock. He just remains pessimistic while doing it. Just remember to separate the known facts from the rumors, hype, and bashing that goes on with all these stocks!
Good Luck!
[This message has been edited by Grasshopper (edited July 28, 2004).]
posted
Here is the tip for you, do not believe no body, do your own DD, invest the money you can loose, and for starters I would buy CMKX at the bottom prices ofcourse.
------------------ 'Alone we can do so little; together we can do so much.' - Helen Keller
Don't listen to Wallace#1, he gets paid to say that. A lot of us look at CMKX as the opportunity of a lifetime, and it doesn't take much money to have a potentially huge pay-off. In the end, though, you should not make your decisions based on what people around here say or recommend, rather do your own DD (due diligence) and decide by yourself if a particular stock is right for your or not. Trust NOONE but yourself!
CMKX is a huge potential... People like Wallace post there EVERYDAY yet they don't own the stock... Makes you wonder what is so important ABOUT cmkx that makes Wallace post at that thread, everyday
You should really consider cmkx, I mean even 40 dollars right now buys you 100k shares... 100 dollars= 250k shares... Keep 125 long term+for dividend and play the 125k that you have left at different prices like 30k at .02 another 30k at .05 , 30k at .1 30K AT .15
Also Qbid is pretty low, .006 A very good entry point, all things considering...
USCI is another, 100 dollars=1 MILLION!!! Shares... or perhaps do 25 in USCI and 75 in CMKX!!! Nice little power play...heheh...
-John-Half-Baked
"Crazy Weed Rapper, Sir-Smokes-Alot, from the movie 'Half-Baked': I love weed!
Posts: 759 | From: Long Island, NY | Registered: Dec 2003
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posted
Another thing, definitely don't take advice from stoned people! - Next thing you know you'll be roaming the streets looking to collect aluminum cans for stocks. LOL
Posts: 430 | Registered: Jun 2004
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posted
Most tips don't get posted in time for you to take advantage of them. If you hear about a hot stock, chances are its already through the roof. I have seen too many investors (myself included) buy at high prices thinking it will go higher and then it tanks. You have to act EARLY, bottom line
Beware of stocks that have tons of volume and hype but mysteriously keep falling...like TFCT as an example, or IBZT from months past...despite the fact that they receive hype, their stocks have taken a huge hit...
Do lots of DD and try to find stocks before they "pop"...don't be afraid to cut losses and move on, you do not want to wait while you lose 50% on a stock because you think its fundamentals are still sound---this is the penny/subpenny world we are talking about after all
posted
Krose, if you are looking for advice on trading crashoveride just gave you some of the best. I made some money on TFCT because I did not ride it down, I did lose money on IBZT, don't think I was alone on that one. I have made real good money swinging QBID when eveyone was saying "hold it, don't day trade it" IMO it may still have some play left in it, the price is a bargain right now and the charts do point to a upward trend soon, for what that is worth in the penny market. I do have cheap shares I have kept just in case. Also like MLON very much for a longer hold, haven't quite figured out the crazy movement on it yet, but it could get interesting if the volume picks up. Just remember don't invest more than you can afford, always do your own dd, but remember risk often = reward.
Posts: 696 | From: Amish Country, PA, USA | Registered: Feb 2004
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Never, ever take advice from Stoned people or pigeons..lol...
Hahahah you lost money in IBZT? I bought in with $2k at .042!!!! HAHAHAH!!! Havent sold, it will pop up, just give it time, at the best avergae down, at the worst hold or sell...
but Never ever listen to me hahaha...
Dont invest your life (like me and cmkx ) into a stock... just a little more than you can lose just to give you something to think/sweat about...
-John-
Posts: 759 | From: Long Island, NY | Registered: Dec 2003
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They've come here now and are extremely easy to spot. Compare quality and knowledge.
What??? "Compare quality and knowledge"??? What should we do, compare the posts of the others to yours Wallace? Ok Krose, do what Wallace does...spend countless hours every day trying to conceive ways of turning positive news into negative. Pick apart every sentence of every paragraph of every PR and find that one comment that isn’t 100% clear, then attack that one facet and try to rub every investors nose in it. Pick a stock you totally hate and, rather than avoiding it, spend more time attempting to rip it apart than any time you spend on stocks you’re actually interested in investing in.
Truthfully, you should pay no heed to people like myself who don’t have stock specific information to dish out and tend to discuss the “politics” of the board. At the same time, ignore those that refuse to directly answer questions and continually try to disrupt the cohesion of a thread. Those to pay attention to are the ones that can rise above all the nonsense such as what has transpired on this topic. There are actually some posters around here who can be professional enough to rise above the nonsense and continue to provide relevant and useful information, opinions, and advice in spite of it all (not me of course!!!).
CMKX Foo The Diamond Continues ============================================= Wallace
This is true, but I do joke and have fun with some of the other investors, like 5 or so,yes 25 posts today, but how many of my posts arenormal updating of a stock addicted/Allstock addicted investor None of my posts attack a single stock, in fact I even support the ones I have lost money on and have pointed out time and again my first stock pick loss and then how I learned from that... I never ever bash a stock. I have attacked you at times and some other bashers at times on a few other threads, however over all I am harmless. Yeah I crack soem lewd jokes, many inappropriate however I do make a few people laugh and that applies also to some of my 'stock buddies' online. I have no quams sharing leads, as I tried to do with the Dianr... The more leads the better for everyone.
However my posts don't scrutinize a company day in and out, espicially when you say you don't own shares. If I were you I'd just buy 100k shares, that way you can at least say your problems and have a little more credibility... But see there you go, you offer no other investment advice, other than knocking this company.
That right there is a huge red flag in my book. At least the people who you call sewer junk or whatever bring a colorful mixture to this Board, seeing as many of us own the same stocks, CMKX IBZT, QBID, USCI, BSIC ect ect ect... However you have never stated ANY position as of yet... ******************** Does everyone see my point here, we ALL own different stocks, many over lapping, like I own 2 or 3 stocks that you own and that Pharm may own 1 of the same, ect... However You don't seem to be like any of US in the least. You attack WWJD when all she is doing is posting WONDERFUL information.
I think there are people who will read this post that understand what I mean. Wallace is nothing but Negitivity. Why go to such extradinary efforts when he can just 'move on' and be using his time to respond here, everyday, and search for a new AMAZING stock? Or better yet contribute some leads
Alas, Wallace won't. He hasen't and it shouldn't/doesn't surprise me in the least. Like I said, there are those that see what I am refering to... ============================================= CMKX's next race is only 3 days away! Broadcast is on Sept 1st 6pm PST/9PM EST
!!!Racing at ORANGE SHOW SPEEDWAY!!!!
CMKX Versus Q-Oscarmeyer Weiner Mobile!!!
We gotta support our Hod Dog, errr Hot-Rod!
-John-
Posts: 759 | From: Long Island, NY | Registered: Dec 2003
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posted
Welcome to the board. I post a lot of DD. If news hits and I see it, I throw it out on the message boards so all are aware. If I yell "NOW", don't waste time. Most pennies burp on favorable news for at least 10 - 20 minutes immediately after the news is out. You need a few good sites to check DD quickly on to make a fast call on whether you want to enter or not. If you take twenty minutes trying to decide whether or not to get in, you will miss the play and be stuck holding, or even worse, losing. I Daytrade, I don't Daycare. Watch how I play to get a feel for it before you follow me. I make decent money from daytrading, but if you follow me, you need to be quick. Curiosity killed the cat.....indecision killed the daytrader. There are some good people on this board, but there are some dipsh!ts too. Above all, you'll find some good DD here. Big stocks run on results, Pennies run on news (and sometimes even rumor). The best way to sort out who's who on this board is to hit the "search" top right of the page and drop in a traders name. That'll help you decide who brings legit and who brings the sh!t. Again, Welcome and Good Luck Trading. Ruff.
------------------ Due Da Due......But Be Quick About It!!!!!
Wid ma mind on ma money an' ma money on ma mind!!!
posted
Thanks for all the advice guys. Like I said I'm new to this game and have found it to be much like playing slot machines only with a "little" advantage. I have several long terms like YHOO, ORCL, SOV & a few more not worth mentioning. I attempt to keep up with all the news and have to say so far it has been to my advantage. But I've found that it is not so easy to get info on some penny stocks. I've been holding on to 40,000 of APPI.OB because they are supposed to release clinical trial results of a cholesteral lowing supplement that has great potential in Aug 04. I think the stock is around .006 now and when the trial reports come out hope that it will go up, but who knows. I've also been holding 13,000 VICI at around .015, this company is on negotiation with the government for contracts to use their fertilizer, plus they have recently made some headway with the private greenhouse industry. These are 2 that I'm watching and holding, but I'm looking for some day trades that might turn a little profit that can be reinvested in other penny stocks that are up.
You guys will learn that I'm one of those that lay it all out on the table, so if I offend or give too much info please don't take offense.
Good Trading
Posts: 3 | From: Long Beach, NY | Registered: Jul 2004
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posted
Thanks for all the advice guys. Like I said I'm new to this game and have found it to be much like playing slot machines only with a "little" advantage. I have several long terms like YHOO, ORCL, SOV & a few more not worth mentioning. I attempt to keep up with all the news and have to say so far it has been to my advantage. But I've found that it is not so easy to get info on some penny stocks. I've been holding on to 40,000 of APPI.OB because they are supposed to release clinical trial results of a cholesteral lowing supplement that has great potential in Aug 04. I think the stock is around .006 now and when the trial reports come out hope that it will go up, but who knows. I've also been holding 13,000 VICI at around .015, this company is on negotiation with the government for contracts to use their fertilizer, plus they have recently made some headway with the private greenhouse industry. These are 2 that I'm watching and holding, but I'm looking for some day trades that might turn a little profit that can be reinvested in other penny stocks that are up.
You guys will learn that I'm one of those that lay it all out on the table, so if I offend or give too much info please don't take offense.
Good Trading
Posts: 3 | From: Long Beach, NY | Registered: Jul 2004
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