quote:Originally posted by Johnwayne: Ahh nuts, guess I shouldn't have sold at .17. Well good luck guys. Hope she shoots to DA Moon for you.
DONT FEEL BAD FOR PULLING THE TRIGGER A LITTLE EARLY.... PROFITS ARE PROFITS... HELL i LOSS A COUPLE THOUNSANDS IN PROFIT HERE... SOME TIMES IT HAPPENS, BUT WHEN YOU ARE DISCIPLINED AND YOU STICK TO YOUR STRATEGY,,, YOU LAST LONGER ON THESE PENNIES.... THIS IS ONE OF THOSE, A FEW , THAT WILL MAKE CRAZY CUZ YOU SOLD EARLY,,, BUT THOSE ARE FEW AND FAR IN BETWEEN,,,
PLUS PICKS LIKE AFFI AND IVGA TODAY MAKE IT A LITTLE EASY
JUST THINK ABOUT THAT.... Posts: 5120 | Registered: Jun 2004
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Never kick yourself for taking profits. Profit is profit. Many times I have held on too long and lost the profit I could have taken. John, remember there is always the next play
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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I am the poster child for holding too long. I held onto both STTK and NDOL when they went above a dollar (now .18 and .30 respectively) Currently holding XKEM after it ran to .11 (now .051).
And that is just the tip of my iceberg! So I can concur, profit is profit.
I am going to turn myself around and dig myself out of this hole maybe $50.00 at a time, but I will do it! I wish I could have made my first $50.00 on this stock, but after my .12 didn't get filled, I didn't want to chase. I've also done THAT too many times.
Jo
-------------------- "Great Day for Up!"....Dr. Seuss Posts: 3387 | Registered: Mar 2006
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.29 x 0.44 that's some spread. Up 341% Holy Sh*t
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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It's a gamble, so don't look back, as suggested by PrdP. However, you can look for next big game -- IGAI, it may be a few weeks away. The MMs have been working on it for 8 months now. The payoff is great, 10X or more.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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I'm glad I waited a month and a half for this
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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I guess you could say it was huge.... Dam ...
Prdponce Member
Member Rated: posted July 11, 2006 09:37 could be huge Posts: 3560 | Registered: Jun 2004 | IP: Logged |
Posts: 5120 | Registered: Jun 2004
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Thanks prd and everyone else. I got in this AM before I found out that I have more personal problems than I had before. Let's just say I found out in the last two weeks that three people that are very close to me have very little time left in life. That's a hatrick. I will check in but have other priorities more important at this time. The only thing I ask is that do some prayers and DDs on cancer research because this really sucks.
Posts: 2309 | From: Minnesota | Registered: Feb 2006
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This one is defenitely a stock to keep a look at... very serious company with a lot of activity and potential... I don't think it's over yet, most of all over a longer period of time.
Posts: 819 | Registered: Apr 2006
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quote:Originally posted by chevon2020: This looks like there was a huge sell off for profits. I wonder where the price will settle. I might get some if it slows down
Well for there being a huge sell off, I think it did pretty well. It closed yesterday at .30 today's close was .2901. After running up to an over 300% increase yesterday, I would say it held on amazingly well. If we can base at this level for a day or two it could advance to the next level.
Remember 2 more stores will be opening within a short span of time. That means 2 more PR's. Lot's of potential here.
GLTA Wally
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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I'm thinking, and I'm a newbee so correct me please, it will still go down a bit further tomorrow, and possible start to tick back up. It's just what I see with stocks that have huge runs like this.
-------------------- I'd just like to retire at 26. Posts: 113 | From: cleveland, oh | Registered: May 2006
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The thing is this stock went up more than 300% in a single day, it's normal for the price to drop a little afterwards as people take their profits, making the demand for the stock smaller and by the same way, creates a drop in the price. You can notice that this stock has hit 0.22 as the day low and 0.51 as the day high. The 0.22 low is about 26% down for the stock, compared to the previous close of 0.30, which is kinda good after a huge rally like this one and is a good sign of the strenght of the stock... when a company deals with Wal-Mart, it's always huge news. The thing is to be careful with pennies because of their volatilty, it's important to know the stock, be careful and not being excited or greedy. If you missed the boat, another one is coming!
But IMO... we can still expect some excitement from this one.
Posts: 819 | Registered: Apr 2006
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quote:Originally posted by chevon2020: I'm thinking, and I'm a newbee so correct me please, it will still go down a bit further tomorrow, and possible start to tick back up. It's just what I see with stocks that have huge runs like this.
Hey Chevron, I was reading your tag line at the bottom, Nice. I am 29, and could retire as we speak just from trading. It obviously didn't hurt being an I. Banker, but I have calculated my earnings from trading and could have done it on that alone. I initially started with $500 adding a little sporadically. The gains were ubiquitous when I first started, now more DD involved. My most recent 10 bag's+ were XSNX, RSHN, USXP, NDOL just to name a few. I just want to tell you as you seem like a newbie, it is very possible to retire at 26. Aim for 25, and you will hit it. Always remember to take 50% of any major hit, and put it into a great NYSE, or NASDAQ stock like BOT, or MA. Sorry if I'm rambling, I just love to see young go getters around. Anyway, its Corona time. Don't forget to have at the very least a half position in WWEN. Read the thread for all of my DD. Good luck fellas.
Posts: 4381 | From: houston | Registered: Mar 2006
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Thanks investor, yes I am a newbee. I'll be 26 in October and sadly by the looks of my portfolio I have no chance of retiring at 25. I'm starting out now at 800 and I'm hoping to be you I guess and finally earn something, cause it hasnt happened yet.
-------------------- I'd just like to retire at 26. Posts: 113 | From: cleveland, oh | Registered: May 2006
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quote: My most recent 10 bag's+ were XSNX, RSHN, USXP, NDOL
Investor, it was interesting to read your list of 10-baggers. Compare you to me. I am in three of the same stocks that you were in: XSNX, RSHN, and NDOL and I am down 69%, 42% and 79% respectively in each. My problem is that I got in these when I was just starting out and made huge mistakes in either buying too high or in not taking profits when big runs came. Your advice is well-taken.
This is a good study in good/bad trading. We traded the same stocks, with very different results.
Jo
-------------------- "Great Day for Up!"....Dr. Seuss Posts: 3387 | Registered: Mar 2006
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I got in yesterday at an average of .125 and sold today at .38. I may look for an opportunity tomorrow if it dips a little more before the next run.
Posts: 2309 | From: Minnesota | Registered: Feb 2006
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Back in the early 1900s a stock speculator named Jesse Livermore traded in the markets. He was one of the best speculators to have ever traded on Wall Street to this day.
There's a book I would highly recommend you read. It's called Reminiscences of a Stock Operator. The book is still in print and should be easy enough to find. If you are interested in gambling and speculating in stocks, you will find this book to be a great read. The character in the book is based on Jesse's life and trading in the markets.You would gain so much from this read.
posted
RKLC Facilitates Sale of Blimpie Franchise for Kahala and Announces Three Additional Franchises to be Opened Jul 13, 2006 11:31:00 AM 2006 PrimeZone Media Network
MILLER PLACE, N.Y., July 13, 2006 (PRIMEZONE) -- Rockelle Corporation, Inc. (OTCBB:RKLC), a developer, owner, operator and franchiser of unique quick service restaurants and food concepts, announces that it has finalized the first of what could be many business deals with Kahala Corp. Rockelle facilitated the recent sale of a Blimpie franchise in Wilton, N.Y., near Saratoga Springs, for which Rockelle has earned a sales commission.
As announced in their May 22nd press release, Rockelle recently contracted with Kahala Corp. (www.kahalacorp.com), an international owner and master developer of multiple food franchises, for the rights to sell any of Kahala's food concepts. The release went on to say that Rockelle had already purchased two (2) Blimpie locations in Florida, which have an anticipated opening date of spring 2007.
On July 11th, Rockelle announced the grand opening of its first Stewart's Root Beer franchise in the Wal-Mart Super Store in Shrewsbury, Pa. As announced in March and April of this year, Rockelle also plans to open multiple franchise locations within Wal-Mart stores in Maryland and Florida. Three additional locations are scheduled to open in the next few weeks, pending permits and inspection.
Gerard Stephan, President and CEO of Rockelle, stated, "I was delighted to announce the grand opening of our first Stewart's franchise, and I am thrilled to report that we are on schedule to open three (3) more Stewart's franchises within the next thirty (30) days."
Mr. Stephan went on to say, "With our first Stewart's location open and operating, and three more on the way, not to mention the other business developments we have underway, I have never felt more confident in our business strategy and our growth potential.
Forward-Looking Statements
Statements released by Rockelle Corporation that are not purely historical are forward looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, intentions and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward-looking statements. Risk factors include but are not limited to general economic, competitive, governmental and technological factors as discussed in the company's filings with the SEC on Forms 10-K, 10-Q and 8-K. The company does not undertake any responsibility to update the forward-looking statements contained in this release.
CONTACT: Rockelle Corporation Investors: Jerry Stephan (631) 244-9841
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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