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Author Topic: How was your May?
Johnwayne
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Many here had a bad month. A few had a very good month.
Please let us know, as much as you care to share, how your month went.

--------------------
Thanks Matto. Thanks Juice.

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JBravo
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I am a newbie. Started two weeks ago and made about $2500 using $1000
Not bad for beginner [Smile]

got two more days of May (Tuesday & Wednesday). If BKMP goes up.. it will be even better month

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Johnwayne
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Awesome job Pick and welcome to Allstocks. Best of luck to you. If you keep making 150% a month you will be rich soon.

--------------------
Thanks Matto. Thanks Juice.

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Homersbud
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My month started off great! I was able to get into PGPM at $.014 and sold majority the next day at $.20 but it was all downhill after that...

I made some money off IPRE but I'm red now...

I made a small profit off RMDG, then sold before the major run and bought back in yesterday at $.0044 only to see that run turn to red pretty quickly....

I had some other pretty poor investments that I had to sell for small losses, but nothing big (thankfully!)

All and all, my month of May was decent..I ended up being green overall but not nearly as green as I started off with....Oh well

June is shaping up to be a GREAT month depending on what BKMP does...

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freddy79
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Well I'm a newbie as well. Started in mid April I believe with 2,500 and let's just say I dove in right away without doing any dd on the purchases I made and let's just say I bought into the whole JPHC hoopla and got burn for 600 bucks in a couple of days. Held that bag too long, for now I'm accumulating as lil as possible of IPRE right now, I'm gonna for sure stay with this one long term. Have a nice memorial weekend all!!! [Smile]

--------------------
Da Fareak

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Johnwayne
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I had more good than bad in May but it has tappered off considerably the last few weeks

The Bad:
PAIV-(-30%)bought day after 1000%
RMDG-(17%)bought day after 133%
EDBN (-40%)
IDCN-(this one clipped me 3 or
4 times this month alone)
JPHC-stuck it to me so hard
I think I lost like 30%
in 2 minutes and 19 seconds
The Good:
PGPM
UNCN
SFDE
RMDG
EQBM
BAWC

Bonehead play of the month: Selling NDOL at .30
and watching it shoot up like a rocket the next day up into the .60's.


All in all I made quite alot of money this month.
But also have a few battle scars. Luckily most of my good picks ra hard and I cut my losses on my bad picks.

[ May 26, 2006, 18:52: Message edited by: Johnwayne ]

--------------------
Thanks Matto. Thanks Juice.

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daytrader1
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may sucked.. ndol fiasco, jphc, but overall saw green.. since i just played chart stocks rather thanmomentum stocks except ofcourse pgpm, wwen and the one yesterday. overall.. up by 25%
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matto
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May I set a new record for myself! Very happy with the way may turned out! June my goal is a little more aggresive, Due to the way I trade and the amount i use for each play!!By sept. I will be done working all together. I will have 2 years salery and trade for 5 people! All I can say is stick with it and trade your own way!!!! It will work!

Right john!

--------------------
Trading is a blast!!

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cactus33
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quote:
Originally posted by Homersbud:
My month started off great! I was able to get into PGPM at $.014 and sold majority the next day at $.20 but it was all downhill after that...

I made some money off IPRE but I'm red now...

I made a small profit off RMDG, then sold before the major run and bought back in yesterday at $.0044 only to see that run turn to red pretty quickly....

I had some other pretty poor investments that I had to sell for small losses, but nothing big (thankfully!)

All and all, my month of May was decent..I ended up being green overall but not nearly as green as I started off with....Oh well

June is shaping up to be a GREAT month depending on what BKMP does...

same here early in month.. great.. lately its bad..
seems to be the norm for most people lately. a lot of oversold stocks out there to bottom feed though.. good oppty's right now IMO..

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tompom
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may was pretty good to me
there were some amazing runners this month
but bottom line
i just love trading
especially pennystocks, it´s really addictive...
have a great memorial-day weekend !

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racjis
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Sucked, except sold NDOL at the right times and made money there.
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kermit42
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I made about 20% on the month, but only showed up at this site about a week ago. You guys gave me some great tips, but poor management on my part kept the winnings low. I stayed in too long on RKLC and now I can't get rid of it. I missed some runs because all my money was tied up.

Gee, I can only cycle my money once every 3 days? That's the level on which I'm learning here.

Hope some day to give back the kinds of tips you're giving me.

--------------------
Me Trade Pretty One Day.

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JerZeyDeViL
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For the most part it's been a pretty bad month, with the exception of IPRE. Found it when it was bottomed out and picked it up at .0007. That's what gave me a green month and I'll be holding for many more months to come. Other then that, I'm red all over =(
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cactus33
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quote:
Originally posted by kermit42:
I made about 20% on the month, but only showed up at this site about a week ago. You guys gave me some great tips, but poor management on my part kept the winnings low. I stayed in too long on RKLC and now I can't get rid of it. I missed some runs because all my money was tied up.

Gee, I can only cycle my money once every 3 days? That's the level on which I'm learning here.

Hope some day to give back the kinds of tips you're giving me.

get a margin account. wont hold your money. be careful buying and selling same day.. you'll get flagged daytrader..
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deleet
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it started out insanely awesome, then went to horrible, then bleeding to death.

Right now it kind of feels like i'm clawing and scraping just to make a few bucks. Lots of red everywhere and even stuff that SHOULD run will sometimes just sit there and do nothing.

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Johnwayne
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One thing I did that helped was as the losses started to pile up I moved to stocks that moved a little slower, and held a day or two longer. Using less money for quick trades. I did this from about Mid May on. That seemed to steady my account and stopped the bleeding.
Matter of fact Late this month I tried to start putting more money in day trades again and got my head pounded on so bad I moved my money back to slower moving plays again.

--------------------
Thanks Matto. Thanks Juice.

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money 76
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hi guys

i think the best part of may was this week

vper,crdm and snio . gr8 week . hope next week can be a doubling week too.

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Bob Frey
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Ya know...

This week and last week were ok.

Shorted and went long.

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McShooter
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Averaged down my price on a few of my losers today!!! Overall I had respectable gains on CBAY, RMDG, NDOL, and IPRE. Cashed out about 1/3 of my position on RSHN for a big gainer!!! Realized Sell Activity for the month was + $6,705.61. I'd say it was a pretty good 5th month of trading!!!
Ready for June in a big way!!! Loaded up for some big runners!!!

500 into 100K...You Gotta' Believe!!!

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cactus33
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quote:
Originally posted by Bob Frey:
Ya know...

This week and last week were ok.

Shorted and went long.

definately the way to go.. good job in this market

i wish that i would of shorted a lot of big board stocks a couple weeks ago. that would of been a nice payday.

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rkitch
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Have had a great month. BIGN and CBAY were good money makers for me.
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ArmySGT
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Do I really have to live through that again?? LOL
Ask me again in about 4 days!

The Good: CBAY, PGPM
The Bad: FRPT, UVCL
The Ugly: HLEG and selling CBAY!


Hopes and dreams: PGPM to go over $10

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6figure
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what is the percentage we owe to irs when investing in stock is it 15 or 28 percent
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T e x
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depends on several factors...

if you start making dough? get a CPA, or study the regs closely, imo. One thing if you're a "trader," another if "investor," then short vs long-term gains...lottsa factors

--------------------
Nashoba Holba Chepulechi
Adventures in microcapitalism...

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6figure
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but u have to report it bcuz we get a 1099 form
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Girls Gone Docile
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05/01/2006 09:43:28 Sold 2058 NDOL * 0.63 1,286.51 $1,288.37
05/01/2006 09:49:30 Bought 17543 CHDT * 0.057 -1,009.94 $278.43
05/03/2006 11:05:43 Bought 25333 OMOG * 0.0105 -275.99 $2.44
05/15/2006 10:24:03 Sold 17543 CHDT * 0.064 1,112.72 $1,115.16
05/15/2006 10:33:04 Bought 12500 ASNI * 0.04 -509.99 $605.17
05/15/2006 14:02:29 Sold 12500 ASNI * 0.04 489.99 $1,095.16
05/16/2006 09:30:01 Bought 6250 FLIP * 0.095 -603.74 $491.42
05/16/2006 09:49:16 Sold 6250 FLIP * 0.102 627.49 $1,118.91
05/18/2006 09:30:01 Bought 94 EGSR * 0.18 -26.91 $1,092.00
05/18/2006 09:34:43 Bought 2000 EGSR * 0.20 -409.99 $682.01
05/19/2006 09:35:00 Bought 9570 SRLT * 0.07 -679.89 $2.12
05/24/2006 11:52:59 Sold 9570 SRLT * 0.10 946.98 $949.10
05/25/2006 10:01:06 Bought 780000 SEIH * 0.0012 -945.99 $3.11
05/25/2006 10:09:11 Sold 15000 SEIH * 0.0013 9.50 $12.61
05/25/2006 10:09:11 Sold 765000 SEIH * 0.00135 1,032.71 $1,045.32
05/26/2006 09:33:43 Sold 2094 EGSR * 0.17 345.97 $1,391.29
05/26/2006 09:48:33 Sold 25333 OMOG * 0.0052 121.73 $1,513.02

Not a very good month for me, although that first NDOL sell brought me a lot of cash. I'm just starting out, started in mid march with $600 now I have $1500. I'm deployed to Iraq and I'm trying to make as much money as possible while I'm over here. My target is to save $30,000 total including my paycheck and other savings programs.

--------------------
Start diggin'

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ArmySGT
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hey girls gone docile where in Iraq are you at?
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tonicma
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Well, I did good at the start of the month but than really crashed at the end. But overall I made very good gains. But RMDG pisses me off big time.
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Girls Gone Docile
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Liberty

--------------------
Start diggin'

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SuperSniper00
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May was great for me...I probably only traded about 5 or 6 days and I made $300 or more dollars.

--------------------
*I'm not a financial expert or advisor, everything stated is my opinion*

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FIST13F
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Girls gone docile...I am at Habbiniyah Between Ramadi and Fallujah....Not for long though, 13 days.
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Baxt06
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First half of May was great (bought NDOL around .20, sold half at .90 and the rest at $1.47). Since then, been terrible!!! Not just my pennies, a lot of bigger companies that I've lost 20-30% on in a matter of days. Thursday and Friday were my first green days in way too long...

glta

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Green_effect
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I got into this with no experience at all, but I have learnt a whole lot. I lost a great deal of money but I know more now to stay away from these bears trying mess up my crib. I got into CBCL Friday, kinda hoping it runs and things will turn around for the better.

--------------------
Please do your DD. Break some bread with me!

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The Bigfoot
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Whole month was a long slow depression for me.

Waiting for some good news ASAP!

--------------------
No longer eligible for government service due to lack of tax issues.

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ArmySGT
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nice im at taji
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