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A recent poster on another thread stated that he/she has never seen anyone strike it rich with a single stock. Anyone beg to differ? If so, tell us your story!
Posts: 571 | From: Southern California, USA | Registered: Jul 2004
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i wouldnt call it rich but i bought 7300 shares of health south <hlsh> @.15 about 2 yrs later i sold for a 40 grand profit this ole county boy didnt sneeze at it
Posts: 307 | Registered: Sep 2004
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Theoretiaclly yes, and have seen many getting rich on one stock. Somebody I know, a lecturer of mine when i was in college until last semester, bought a large amont of tasr, rode to the high of year and has been swing trading it since then. IT aint a luck. also need to be rich already to trade such a way, it just makes the richest in town.
I would not expect anybody make million in one penny stock. Who would gabmle 20 thoousand when he has 20 thousand saving unless a gambler..? DEV
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I never made it rich off one stock but I did make $40,000 off one this year myself off a $2000 investment. I have a friend who bought Compact right after it went public and sold for 2.5 mil right before bubble burst.
[This message has been edited by Ric (edited October 10, 2004).]
Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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I have to believe someone stuck the pig in the ass on QBID. I remember one person saying they had 24M shares, and I assume he bought under .003, and it ran to .03. Out of all those folks that were rabid on it there had to be one who bought it low and sold it high. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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quote:Originally posted by will: I have to believe someone stuck the pig in the ass on QBID. I remember one person saying they had 24M shares, and I assume he bought under .003, and it ran to .03. Out of all those folks that were rabid on it there had to be one who bought it low and sold it high.
Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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Interesting topic .... actually i didn't get my one hit wonder yet ... still hoping for one ... i got a 99.4% pecent lose on one stock .. i don't know if that counts!?
Posts: 245 | Registered: Oct 2004
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I'm sure someone got in qbid and banked off this. like other people say you must have the money to be able to invest in that type of risk first though... or buy, die and your heirs can get bank
Posts: 148 | Registered: Jan 2004
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well I have'nt heard of any traders making it rich on 1 stock, only wannabe richer's. However if you were to invest into itcv before they take off and leave it it for about a year you will be rich off 1 stock. I know cause I got into this at .0038 and in 2 weeks it is alredy up to .006 and it will continue to climb. read the posting as to what they are doing for our enviroment and how they are saving resources and making money as well. I got 750,000 and I am already up about 1700.00 thanks to a good tip from a post here on allstocks and some of my own dd before buying.
------------------ This is the Sgt. of ARMS saying good day and GOD BLESS all.
Posts: 370 | From: carson, ca. U.S.A. | Registered: May 2004
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quote:Originally posted by wannabe_trader: Interesting topic .... actually i didn't get my one hit wonder yet ... still hoping for one ... i got a 99.4% pecent lose on one stock .. i don't know if that counts!?
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i bought 2 mill shares of ibzt in early 2003 at around .0025 and sold those at .055 i didnt get rich but made lots of money
Posts: 196 | From: apple valley,ca,usa | Registered: Oct 2003
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i have made some $$ to pay for gas on hccf, wbsk; especially $30k on blld. the rest, very depressed like bico, adot. still dreaming to make it big in qbid or usci. doesnt cost anything to daydream once a while.
Posts: 734 | Registered: Sep 2004
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The best I've done was with EAG last October/November. I invested 80K at avg .56 a share, and sold it between 1.70 and 2.00 5 days later. Needless to say, the IRS and California took a chunk of it.
Posts: 159 | From: San Diego, CA, USA | Registered: Feb 2004
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