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hey all im fairly new to micro penny stocks and obviously looking to make a fortune like the rest of you. please post success stories here.thanx
Posts: 1525 | Registered: Mar 2005
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im currently unsuccessful but holding long and strong on a few micro's. right now the only ones that look promising to me are qbid, ican, and possibly cdvj. i also own a few others that i realize are pure long shots: hpon , gmci, btor, dmxp, prrm. ill be sure to post if i make a fortune on any of these. im sad to say that i missed the run on akol after watching it go from .003 to over 5 cents .now if my calculations are right that put every hundred invested in this at .003 and sold not even at the top but lets say sold at .05 . 100$ turns into over 1600$$ not bad .now lets hear about real returns some of you have had or expect to have in the future.
-------------------- gotta know when to hold em and when to .......... Posts: 1525 | Registered: Mar 2005
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hey ktrain420 how did you get rich ? i would like to here dates share amounts and point at which people sold ;their stocks.basically i am trying to figure out how long those who have had success held their shares in order to cash out what they consider to make them rich.for me having basically no liabilities and no childred if i could get to the 2 million dollar range then i would consider myself to be wealthy.not necessarily rich though.to me rich is about 5-20 million or higher.thanx for all your responses.i feel that a thread like this will be inspirational to those that havent had any success yet.good luck to all.
-------------------- gotta know when to hold em and when to .......... Posts: 1525 | Registered: Mar 2005
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aight the truth is out ......im broke as a joke......hehe..........i like to play runner's for the quickies ........just like my relationship's ...."in it for the minute".....LOL
-------------------- "IT'S NOT LUCK IT'S DAYTRADIN'"
"HERE'S MY 2 CENT'S, SEE IF YA CAN TURN IT INTO A BUCK" Posts: 5641 | From: Florida | Registered: Sep 2004
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i have deal to make with you all, i will save you from losing all your $$$, give me half of what you want to put in a stock, and you keep the other half, and that way you would only lose half the amount you would have... YOUR WELCOME Posts: 976 | Registered: Jan 2005
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lilpenneypincher....1 mil$$ to drop on a penney?..it better have tons of volume!!
Posts: 10729 | From: oregon | Registered: Feb 2005
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thanx dust.. i looked at the chart and has done well over the last year going from about a dime to thirty.now that is a good move and nothing to squawk about but the type of returns i am looking for is going from basement or near basement levels(.0001-.001) to the penny range. example: when qbid went from .0001 to .028 every 100$ invested in at the basement price turned into 28,000$$$ sold at the top. now i realize nobody can hit the top or the bottom but for instance i would love to see ican go from the current price to at least a penny.those are the type of plays i personally am looking for .thanx for the tip though i do appreciate it . Posts: 1525 | Registered: Mar 2005
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well i am out gotta go get some excersize been sitting at the computer all day thanx for showing some interest in this thread it brings me joy. now i know i have been told i am a dreamer but dreams do come true and it can happen to any of you as well. a little faith and trust goes along way.ok i wont get religious as i realize that would be controversial especially since i dont claim any religion but i do beleive that good things can and will happen.so in conclusion see some of you folks when qbid hits a dime and ican hits the penny levels.hehehehe
-------------------- gotta know when to hold em and when to .......... Posts: 1525 | Registered: Mar 2005
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Ive lost a little so far. Ofcoarse its something I just started and I figure it more of a hobby perhaps like horseracing. I never put more money in than I can lose. So far The only penny stock Ive done really well on is AKOL
Posts: 58 | Registered: Feb 2005
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im back just a thought if no-one thinks its possible to make a bundle then why are we here. some are obviously here to flip stocks play the runners and jump out.i aggree with them in the sense that most of these will eventually trickle down to the basement reverse split and repeat turning our hard earned money into pennies. but just a few of these pinks will succeed going to the otcbb or nasdq and if you are in these and hold through the ups and downs until you are up big then i beleive an early retirement or just a fortune does await those few and patient folks out their.
-------------------- gotta know when to hold em and when to .......... Posts: 1525 | Registered: Mar 2005
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From this original $1000, im at $600. This is educated gambling I like to call it. Basically same thing as casino.
Posts: 115 | Registered: Feb 2005
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MOST who play PINKS will lose. I found out the hard way. I make money trading the small cap companies on AMEX and the NASDAQ. Made some money on some OTCBB stocks too! I STAY AWAY FROM ALL PINKS NOW AND I AM HAPPY I DO! I also do not touch anything under .10.
The key to investing is to cut your loses at the right time! Don't hold till your broke!
Posts: 1458 | From: Ohio | Registered: Mar 2004
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I agree with the consensus here. Any of the "success stories" aren't really found in these penny or subpenny stocks. I suppose there are some people who bought walmart back in the day and sat on it for 20 years and got rich. These type of stories are much more common with the big stocks. For example, if you held $1000 worth of Pepsi stock in the early 80's it would be worth 1.3 million now, or if you were sitting on $500 worth of GE thirty years ago it would be worth a few million now...my point is this, my success stories come when I am patient and make 300-400% on a stock and get out. Over the years I have made plenty of bank parlaying and compounding these winnings into other good stocks. It takes time, discipline and lots of good picks. If you think you can pick one stock and put all "your eggs in one basket" and be worth a couple million, well, good luck then.
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well i am happy to see that this thread is getting some attention.obviously we dont really have anyone here who has ridden a sub penny up to the pennies level and that is ok.i have met personally some people who have.one guy told me of his story how he turned 500 into fifty thousand not too shabby i thought.that is the equivelant of lets say prrm going from.0001 to .01. now the odds of this happening are soooo slim i realize that and alot of you do too. but after researching and charting back alot of these stocks between .0001 and lets say a dime many of them did these runs in less than a year.why in my short time have i not done this yet? well maybe its my poor dd , or maybe its my timing, or maybe its still gonna happen with a stock i own.many times i have been up 100-200% and not taken profits.now to most of you i imagine this sounds like insanity, but to me i only play with money i can afford to lose so making a few hundred bucks is not what i am into .i will take profits when i am up 1000% or more on a stock and no sooner.i look forward to more posts here as it can be exciting to share our successes with eachother.sleep well have a great long weekend and ill be seeing ya on monday.patience is key. look how well some did on akol when it went up over 20 fold in just a few days. Posts: 1525 | Registered: Mar 2005
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Listen up folks! If you wanna' hear success stories, I have three of them for you. About a year ago I purchased CMKX and averaged down to .0007. Also, at about the same time I purchased QBID @ .061. I also purchased IBZT @ .0375. Now, by gawd that is three success stories if I ever heard them. I got in so high on all three stocks I was unable to daytrade. I think if one is to make it in pennyland you must daytrade. Buy and hold certainly didn't work out for me. I lost around $7500 on the three pennys, however, education is expensive no matter how it is attained. Good luck to all, Steve
Posts: 259 | From: Rogers, AR | Registered: Oct 2003
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Hey Steve, how are ya'? I agree. Gotta' swing or day. My long is When I consider a stock's high... Only holding 2 to reach my "HIGH" goal
Posts: 8024 | From: Joisey....see attitude above | Registered: Jan 2004
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Have to understand a saying... "You'll never win if you've never loss".
So there, you have to taste the taste of lost before you can know what winning taste like...
Posts: 447 | From: Upstate, NY | Registered: Feb 2004
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whats success??? a million isin't much but making a million consistantly is a success . SHORT the garbage and play penny stocks like girls quickly and successfuly
Posts: 143 | Registered: Dec 2004
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most people are losers in pinks, but the winners are retired on some island, so they don't post here anymore
-------------------- When you reach the bottom, the only place to go is up, that or die - Indian Larry Posts: 460 | From: Council Bluffs, IA | Registered: Mar 2005
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