i just need to think to buy something and the stock jump!!! and when i'm filled is HOD and go down
in the past was easy: good news and stock were going up at least for 3 days now any run last 30min and then flop
hope it will be more reliable in the future and not dominated only by daytraders and groups P&D
Posts: 1442 | From: Lugano - Switzerland | Registered: Sep 2003
| IP: Logged |
posted
I'm glad that I'm not the only one that buys and it goes down, I hold and it goes down further, I sell and it sky rockets.
Posts: 311 | From: TN | Registered: Aug 2005
| IP: Logged |
posted
some days when the market closes i just curl up in fetal position in the shower cause i feel so dirty,,,,,crying "Why---WWHHYY----WWWWHHHHYYYYY" LOL
-------------------- I don't play well with others, and have a problem with authority. I love to see the big guy fall to the under-dog. Posts: 192 | From: New Jersey - Armpit of the World | Registered: Jul 2005
| IP: Logged |
quote:Originally posted by cobracobra: some days when the market closes i just curl up in fetal position in the shower cause i feel so dirty,,,,,crying "Why---WWHHYY----WWWWHHHHYYYYY" LOL
LMAO
-------------------- ......in Psychiatry circles it's known as a "warning sign" Posts: 1736 | From: Saint Louis | Registered: Jul 2005
| IP: Logged |
quote:Originally posted by Kane31: I'm glad that I'm not the only one that buys and it goes down, I hold and it goes down further, I sell and it sky rockets.
I'm fairly certain that if I didn't own any CWFG it would probably take off....
Posts: 24 | From: Chicago IL | Registered: Dec 2005
| IP: Logged |
quote:Originally posted by Kane31: I'm glad that I'm not the only one that buys and it goes down, I hold and it goes down further, I sell and it sky rockets.
lol, my story with GTE--played that one wrong *every* time I touched it, lol
quote:Originally posted by Kane31: I'm glad that I'm not the only one that buys and it goes down, I hold and it goes down further, I sell and it sky rockets.
lol, my story with GTE--played that one wrong *every* time I touched it, lol
sometimes?
better to quit a for a while, and regroup...
remember: cash is a position, too
Still regretting not loading up when it was below $2.00........ thought the dilution was going to get worse
-------------------- EVERY Day ABOVE GROUND is a GREAT DAY!!! Posts: 2086 | From: Long Island New York | Registered: Aug 2004
| IP: Logged |
posted
I've been questioning whether the penny market is the place for me. I think the inital attraction is that these small companies are overlooked and might become big companies. However, I've come to realize that low pps does not necessarly mean undervalued. Nor does high pps mean overvalued. For example, take a look at the highest priced stock on AMEX; it's trading at over $1400 / share. They have had nice growth in earnings for the last three years, the PPS has doubled in the last year and the P/E is under 8$. On the other hand there's PCCN, trading at .0001 and has a constant history of dilution / reverse splits / symbol changes.
I think there is also the belief that since we can't compete against the against the major money managers we might as well trade the pennies. Stocks they would never touch. I'm starting to think that there are some advantages of being the little guy. Suppose I find a solid 1 mill market cap company. I may find this company to be so good that I'm willing to put have my portfolio in it. Try doing that when your managing 4-5 billion. Warren Buffet has said that if he could go back to the days when he only had a million to invest he would have returns of 50% a year. On the other hand suppose a stock starts dropping. Us little guys can get out quick. Try doing that when you own 10% of a company.
Anyway, I'm starting to move away from the pennies. I think I can do alot better in the mainstream stocks. I still have a couple that I want to see what happens.
Posts: 117 | From: Indiana | Registered: Sep 2005
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Big Grin]](biggrin.gif)
![[Roll Eyes]](rolleyes.gif)
