posted
Since FMKIQ went over so well, I have more than 70 people now that want in on the buy Friday. Now when I did FMKIQ, we only had about four people. I'm sure you all know the results. Now I know that the more buyers the better, but I also know that too many people can ruin things. Ie. If a bunch of them sell too early.
Just wondering if anyone knows a good # to go with. I was thinking 15 at most, but I'm not sure. Please help.
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but yeah i think the more poepl u have the higher the price goes the more other people are attracted from other groups so u have a huge rise as volume is huge too, so i think the more poeple that know the better man.
imho
-------------------- The sun even shines on a dogs ass someday....Patience my friend your day will come one day!
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posted
you need all the people you can get to drive the price up and then you need to get everyone to hold until it hit's a certain PPS then jump ship with profit..........on to the next one......GL
"IT'S NOT LUCK IT'S DAYTRADIN'"
-------------------- "IT'S NOT LUCK IT'S DAYTRADIN'"
"HERE'S MY 2 CENT'S, SEE IF YA CAN TURN IT INTO A BUCK"
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posted
Just send me your email, if your in I'll send you the pick after close tomorrow. If I can't let you in, I'll let you know, but most likely everyone will be allowed in on this one. If it doesn't work as well, I'll just have to shortin the list.
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posted
If you got results with 5, or whatever you said, go to 25 maybe.... depends on your view of however you like to pick things... i.e. if it's low float then look at how low is low? if it's higher than your last pick then you need more people for example...
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posted
Try and see if it works with everybody involved. If the profits are not the same, split everybody into groups (different Picks for each group). You have it made, because you can play all the stocks you pick. I think having many people involved will increase the spike and the gains. However, that is something that will have to be tested. I would just e-mail everyone your pick Thursday night and see how the stock plays with all involved. IMHO
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posted
Oh, and I didn't buy in yet. My margin account was converted back into a cash because of all of my illegal trading. I went under the $25,000 mark to buy a new car, and wasn't used to the whole 3 in a 5 float deal. So basically I have to wait 3 days for funds to clear. That's why it is Friday instead of say yesterday or today. To many T letters, any more and I'll only be able to trade with cleared funds. Don't know what it's like but doesn't sound good.
Might switch over to Ameritrade to get a margin account. Scottrade told me I'd have to wait about 6 months.
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