posted
since im new at t his and see all this talk about gorup picks i have a question. What exactly is a group pick, how does it work, how many people usually need to be involved and why dont more people do it. Sorry for all the questions im just pretty new and curious
Posts: 50 | From: bloomfield | Registered: Dec 2004
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posted
I beg to differ with you K-train. Group picks do work. If done correctly. Most group picks dont do well because buyers under cut the stock. They sell to early and leave at the BUD price which drops the PPS and causes a panic in sells. There are a few out there. SBWL AND CWIR both group picks by Momo...
-------------------- On the beach Posts: 40 | Registered: May 2005
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give it a try and come on back when ya wanna make some money.............LOL...........in a group play one out of ten will work.......if that.........once daytrader's pick it up, it will be just that, a daytrade......and we pick um up fast these day'z.....the best part is, if the daytrader's play for 10% to 20% gain's the group will be the "bag-holder's".........like i posted before ......."if ya wanna lose money join a group"........try it, we all have.......LOL....GL......."MOMO" still has a group goin, go find it and hold his bag for him.......
[ May 04, 2005, 02:46: Message edited by: Ktrain420 ]
-------------------- "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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NO they don't only the first few then the group falls apart. There have been many started and I seen them all fail after the 3rd or fourth pick. And for reason you listed. You can't do them correctly because you can never please all the members. Someone gets caught and get out earlier the next play starting a cascade from others doing the same. There have been four major groups on this board this year and all failed, including Momo's. It has nothing to do with selling at bid its the group members that held the longest the first run get out early the next and those that got caught that time leave early the next causing the group to fall apart. They talk about those that sell at bid but who knows who is doing that. Might be someone that has held long and sees his payday or someone that see the pick on the board.
Blame game causes a big failure and member getting caught holding the bag. They want let that happen again. And Momo is nothing but trash,
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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Ric that is really harsh. He has good pics. Evidence being yesterday swbl and cwir. Group picks can work if done right. Momo researches his picks and makes a stock run 50 to 1000%. Nothing wrong with that.
-------------------- Thank you for your time. Posts: 50 | Registered: Apr 2005
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He did nothing but come on here and cause trouble. Going into rooms and trashing there stocks and calling them idiots. His group fell apart and he did nothing but piss on real investors. I agreed on some of the stocks he bashed but the way he did was wrong. Yeah and the last two picks in this room he did lose many people lots of money. Hes trash and was banned from here for that reason. You can't go around calling people names and telling people you are the stock god and people that have been given good picks for a long time that they are a sham. He was nothing but mean to the long time members of this board.
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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Nobody was forced into buying the picks he recommended. You have to realize the risks involved and accept it if you lose money. That's the way it goes. I agree he was hard on many people here, but this guy had the wits to run stocks up to 1000%. Not many people have ever made 1000% on a stock.
-------------------- Thank you for your time. Posts: 50 | Registered: Apr 2005
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I didn't say anyone was forced. I said it fell apart and gave reason. Even his group fell apart for those reasons. First pick always does great and it did 1000% but that the only one that did. Maybe he did it with another group but as I stated you need to start a new group about ever 3 picks to keep it going because one group of people always fall apart. He wasn't hard he was disgraceful the way he talked to people. And many con men have done what he has been doing and they all fail in the long run.
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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By the way he wouldn't know dd if it was in front him. I research his first pick and he didn't even realize it wasn't stocks buts rights. He finds low floats and talks his con on people to make him money and if they do thats fine. Once it falls apart he moves on to the next group. No dd needed.
Well thats enough about him. Bedtime
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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The dd he does is finding stocks that will move with as little money put into it.EXAMPLE: Low floats and so on. The number one thing is he has the connections.
Sure he doesn't do real dd like yourself and others because there is no need to.
Nice talking to you Ric.
Good night.
-------------------- Thank you for your time. Posts: 50 | Registered: Apr 2005
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Yeah yeah yeah....its been called alot of things over the past 50 years!!! Ponzi schemes,pyramid schemes,horse sh it schemes,etc.....the bottom line is its a numbers game and some dumb a has to be left holdin the bag just like Train said...the problem is they are holdin the bag when the pump it and then throw the bag in when they dump it and they know that going in.......go back to the boys at Enron and see if they are lookin for new employees, you would fit in!!!!! Naturally IMHO
Posts: 952 | From: OH | Registered: Apr 2005
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Momo is nothing but trash. He was on here talking about how a stock was gonna keep goin while he was selling off. I didn't lose any money on his picks, but to say he does good dd and is trying to help people out is just foolish. He preys on people who don't know any better.
Posts: 89 | From: Texas | Registered: Feb 2005
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posted
The stocks he picks are great picks, but not to be played as groups. They have really low floats and hot L2s. That's great, but they should never become group plays.
-------------------- If you don't sweat the pennies, you're not making any money. Posts: 2218 | Registered: Feb 2005
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People do it everyday. They don't need groups they have enough money to do it without new people putting $500 into the mix. It would be easy money if your in front and have the ability to get new people in. Join all the groups you want safest way to play is for 30-50% and bail. Last one out the door get to hold the bag. I don't play because I can't watch the trades go threw during the day. I am at the mercy of the markets. People that know what they are doing make money. I never claimed I knew what I was doing with a group. I still make money. I am still looking at running a stock. Waiting on info from company. It's been on hold for weeks. I do have a back up plan news from the company. Thats a wild idea do a group run with dd.
-------------------- Amazing how much time we spend looking for the truth but never spend the time to get to the point. Posts: 1164 | From: KANSAS CITY | Registered: Aug 2003
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ric is right...i've said it myself a number of times...in a few months a new group will show up here...the first play will work great, the second very good, the third so so the fourth will bomb. but for each play the leader & those with him cash in because they bought the day before at least, smarter ones buy a certain few stocks before they even start the group stuff up on a site & then play those stock in a set row.
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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You want to know why Momo is the best right now. 1) Momo ran BXTRR with 10 people 3k in funds. He ran it the day before from .003-.009 Then he came on and posted DD of the rights to BAXTER corp. Everyone fell for it and look what happened. It opened at .01 Instead of him dumping on you guys he let it run. .01-.06 then at 600% it made tradersnation. then that boosted it from 600% t0 1300% 2) He knew the stock would do that if it got enough volume.
People his picks are great. He just has an attitude problem which causes him to get ticked off very quickly. Look he tried to run MYCO has news and released news day after. He said it would and the people Bid wacked it. Then next day he runs two picks and they both go over 300% You know who he did that with? Family and friends. You people ran Momo out of here. Even after he ran WAVAP with you guys 600% Come on. People give credit when credit is due. He has the picks and knowledge. I mean he can even size up MM's He knows exactly how many shares each is holding.. Not one of you can even do that. He does it on point. You ask him how many shares NITE is holding of SBWL he can tell you exactly how much. And when the buys come in they equal the amount he said.. I am no Momo lover but I can tell you he knows what he is doing.
-------------------- On the beach Posts: 40 | Registered: May 2005
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Stock, if you like him so much then play his picks. It is your choice. But he wore out his welcome here. So drop it. He is the one that came back on the board a couple days ago after being banned once and started trouble again by bashing long time members of this board. His post had to be removed alone with him. All he does is start trouble. So if you like him go to his board but no one wants to hear his name here.
-------------------- Invest with your brain not with your heart. Posts: 4405 | From: Bristol, Tn, USA | Registered: Aug 2004
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Well Ric...I think he may be among us again......i just got two one star votes....back to back and i bet i can guess who it was.....that chit tick's ya off.........thanks ya know who ya are ..........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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stockinfo90210 + momo..... Only takes two to qualify under the R.I.C.O act..... Conspiracy to intentionally commit stock fraud thru stock manipulation carries severe penalties...Resulting in forfieture of property, fines and long prison terms...stockinfo90210 I am speaking directly to you...Just like your schemes fall apart,your partners are going to rat you out....Spitzer the top prosecuter on wall street is fed up with people like you, and you damn well better start looking behind you.....Your damaging start up companys and they are taking Civil actions against people of your kind..If you are involved in organized crime, your bust is even going to be sweeter...
Posts: 10729 | From: oregon | Registered: Feb 2005
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quote:Originally posted by Dustoff101: stockinfo90210 + momo..... Only takes two to qualify under the R.I.C.O act..... Conspiracy to intentionally commit stock fraud thru stock manipulation carries severe penalties...Resulting in forfieture of property, fines and long prison terms...stockinfo90210 I am speaking directly to you...Just like your schemes fall apart,your partners are going to rat you out....Spitzer the top prosecuter on wall street is fed up with people like you, and you damn well better start looking behind you.....Your damaging start up companys and they are taking Civil actions against people of your kind..If you are involved in organized crime, your bust is even going to be sweeter...
You seem to have all the answers. Prove that Momo and I are connected. I don't have the time to go off on you because this is childish. Call it what you may. But new members need someone to guide them through hard times. Especially when the men with 1,000+ post are just bashing everyone into the ground.
-------------------- On the beach Posts: 40 | Registered: May 2005
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I've noticed that if anyone buy K-train post a pick on this site you guys will call it a pump and dump or group pick. Its funny how you yell Fire but we dont see any smoke..... Why don't we get back to talking about stocks and not bashing someone who isn't even here to defend himself..
-------------------- On the beach Posts: 40 | Registered: May 2005
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stockinfo90210... Listen up, I don't have to prove anything....Thats what the FEDS do, you half wit....
Posts: 10729 | From: oregon | Registered: Feb 2005
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Ktrain420......They don't know how to count past one......Which is also they're I.Q number..
Posts: 10729 | From: oregon | Registered: Feb 2005
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