posted
Good day here...would have been better if they did'nt just blow by my order *.0085...3 MMs there for 5 min. made me go to .0095 to fill.... Too funny Imake...
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quote:Originally posted by Homersbud: Damn, looks like I might have sold a little too early!
not these days. imo.
I stole this idea from Mkt Millionaires, tailor it to your own needs but i do wish I had found it sooner. Protecting your capital is always foremost. everyone must find their own strategy. and set their own goals.
this is a post i made on penny helper dot com...
I do have a suggestion M8. I was surfing today and came across a thread that kinda made me really think. I like to DD and find something that looks good, nasdaq, pink doesn't matter. you scope it out and you are relatively sure which direction it will go - charts, filings momo - whatever. There are longs out there holding these things hopping for a miracle. There are day traders that see everyone jumping in so they take theirs and their gone. There are the swings that will play the charts to death looking for the right entry and the right exit. You've seen the commercial where the baby smacks the mom upside the head and she realizes she could have had a V-8? Well - we remember the older commercials but anyway... I have been looking for possible longs lately, then I ran across a few that are percent players. Nothing new, get your gain and get out. I watched these guys over a month and a half (did that all in 1 day - today) and watched their progress. get in hit your target and get out. might only take 10 minutes to hit your target - get out. You see where i'm going with this. a couple drawbacks though - taxes for one. short plays kill your gains, taxes and commissions add up. Take $30 - $70 from your gain and set it aside. Say you put $500 in and ride it up 12 - 20% - get out. Take your profit; settle put it in something else. tuck a little away for the tax man, next round you have say $565 have a good round and before you know it your up. Each week a different stock. I know this isn't anything new - and by now you have a stop loss incase it goes the wrong way- that’s why you tuck some profits away to make up for it. Looks like baby steps. It is really, you roll your trades over building them up - more selective on your picks by picking what's going up and what is moving enough volume for you to get out at your target (conservative target!). You build up to the 10K and above you may need to play more than 1 stock at a time depending on what kind of volume is moving. This is a high risk tactic. That’s what makes your DD so critical. There may be the occasional runner that may be really hot - be careful! but play at your own risk, take a little more but don't get greedy. Keeping in mind your commissions and the taxman this theory should work quite well. What do you think?
[ March 08, 2007, 21:16: Message edited by: BooDog ]
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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posted
Cal-Bay in Negotiations for Sale of MB3 Race Team Division Mar 9, 2007 10:37:00 AM Copyright Business Wire 2007 CARLSBAD, Calif.--(BUSINESS WIRE)--
Cal-Bay International, Inc. (OTCBB:CBAY) announces the company is in negotiations for the sale of its MB3 ARCA Race Team division, based in Mooresville, North Carolina.
Cal-Bay International's board of directors today commented that the race team was originally purchased as a major promotional tool for the development division of the company, but became an administrative challenge with the division being so geographically disconnected from the company's California headquarters.
President & CEO Roger Pawson commented, "The company owns a valuable portfolio of developable land and intends to stay focused on the completion of the developments in 2007 to create revenues and profits for the company, its investors and shareholders. The race team division was a time-consuming distraction away from the focus of the company's business plan."
Cal-Bay's management expects to conclude the sale before the end of March 2007.
FORWARD-LOOKING SAFE HARBOR STATEMENT: To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties. The Company assumes no obligation to update any of the forward-looking statements in this release.
posted
Cal-Bay in Negotiations for Sale of MB3 Race Team Division
Mar 9, 2007 10:37:39 (ET)
CARLSBAD, Calif., Mar 09, 2007 (BUSINESS WIRE) -- Cal-Bay International, Inc. (CBAY, Trade ) announces the company is in negotiations for the sale of its MB3 ARCA Race Team division, based in Mooresville, North Carolina.
Cal-Bay International's board of directors today commented that the race team was originally purchased as a major promotional tool for the development division of the company, but became an administrative challenge with the division being so geographically disconnected from the company's California headquarters.
President & CEO Roger Pawson commented, "The company owns a valuable portfolio of developable land and intends to stay focused on the completion of the developments in 2007 to create revenues and profits for the company, its investors and shareholders. The race team division was a time-consuming distraction away from the focus of the company's business plan."
Cal-Bay's management expects to conclude the sale before the end of March 2007.
FORWARD-LOOKING SAFE HARBOR STATEMENT: To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties. The Company assumes no obligation to update any of the forward-looking statements in this release.
SOURCE: Cal-Bay International, Inc.
Cal-Bay International, Inc. Tim Garlin, (760) 930-0100 Fax: (760) 930-0200 IR*calbayinternational.com
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