posted
Most stocks that are stuck at .0001 are dead as a doornail because of dilution. I rarely play them anymore...SMMW was an exception..there was a lot of interest at the time and I got lucky and was able double it at .0002 after 4 days.
You're better off playing something else, unless you're willing to hold them for a long, long time.
Posts: 287 | Registered: Jul 2005
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posted
Anyobdy who want to get you into .0001's is trying to drum up support so they can sell at .0002 for a quick double and leave you holding the bag.
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
Yup, if you really must play something at .0001, your best bet is to only buy a small amount, say $100 worth, then set your sell order (make sure it is GOOD TIL CANCELLED) and then forget about it.
Oh, and pray it doesnt reverse split. But that's why you only spent $100 right? Never put in what you cant afford to lose. Of course, that goes for anything.
I'm still relearning that last rule sometimes...
Posts: 287 | Registered: Jul 2005
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posted
IF you are set on this "strategy" the .0001 threads with the most following are:
DDSI
JMCP
and
PAIM has some "very devoted" followers as well.
I was actually a DDSI follower myself for a bit when they floated at .0003 until they diluted the hell out of the stock and ruined it.
Good Luck Neona.
I'd suggest you find another strategy to try. Especially if you are as new to trading as you are to posting on this board.
The Bigfoot
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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Send me your money, all of it. Play your .0001 stocks on paper, get your rush that way. Then in six months I'll send you 1/2 your money back, and you'll have saved a lot of money.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
JMCP is probably the best bet for something at .0001. But I don't recommend you getting into it unless you are willing to lose every penny. You never know... it could be the big one. But stocks in this range rarely are. Still, if you're gonna try ANY in this range, I'd say JMCP. Do your own DD before buying.
-------------------- Life is like a roll of toilet paper. The closer it gets to the end, the faster it goes.
posted
Thank you to all who took a newbie seriously I know that the triple zeros are dead to start with but In the past I've lost lots of money trating so I want ot take it easy now and only put a 100 bucks here and ther and hope it will go up. But I agree that this isn't the best way to invest. Please, keep posting. Good luck to all:)
neona van kiersten
-------------------- New to the game... but I'm a quick learner. Posts: 71 | From: Los Angeles, CA | Registered: Aug 2006
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posted
there's soooo many other ways to earn money on the stock market Neona ! I personally have never had any luck doubling my money to 0.0002 on any triple-zero stock lol
welcome to allstocks!
Posts: 1091 | From: Brugge, Belgium / Dallas TX USA | Registered: May 2006
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posted
Neona: JMCP last quote was .0002. It is not at .15. 0.15 is the 52 week high. JMCP might make a run after the shareholder meeting in NOv. I am looking for .01 by january.
Posts: 285 | Registered: Sep 2005
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quote:Originally posted by neona: In the past I've lost lots of money trating
I highly recommend paper trading until you get a system that makes you money more times than you lose money.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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posted
JMCP is a .0001 stock and will remain there, it's junk. Making money in the penny stocks is damn near impossible unless you get in on a run. Look at lower priced NASDAQ stocks. If you have to play a penny right now, look at SSWC. It's well above your asking point but a lot of big players here think it's primed for a run.If it drops back down to the .008 level or so, give it a shot. If you buy it and it does run, sell it at a pre-determined point! Don't hold it hoping for more. Chances are that if it does run, it'll be short lived, maybe a day or two. Set a sell point and get out when it hits it.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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posted
Neona: I looked at the link with E-trade. The last quote is incorrect. The chart is correct. It closed at .0002 today. It will be nice when it closes at .15.
Posts: 285 | Registered: Sep 2005
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posted
What everyone says is true, and should also say you do slightly better if you've got direct access instead of working with an non-direct access, discount broker. Sometimes even it's difficult to sell off that half a mil or mil shares. Other ways to get your double.
Posts: 147 | From: NY | Registered: Aug 2006
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Never put in what you cant afford to lose. Of course, that goes for anything.![[Smile]](smile.gif)
I know that the triple zeros are dead to start with but In the past I've lost lots of money trating so I want ot take it easy now and only put a 100 bucks here and ther and hope it will go up. But I agree that this isn't the best way to invest. Please, keep posting. Good luck to all:)![[Big Grin]](biggrin.gif)
I personally have never had any luck doubling my money to 0.0002 on any triple-zero stock lol
