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Author Topic: Attention........ anyone new at this penny land
doubleS
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this allstocks board will help you, Ive learned alot here just in a few months....STAY AWAY FROM GROUP PLAYS......I know i learned the hard way also feel free to post any bottom plays anyone
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pensandoenti67
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listen to DoubleS you will lose your underwear and the skidmarks that are not on them

Good luck, this is a good place to make money, need to learn when to get in and when to get out!

Go with your gutt feeling, if your goal is to make 50% and you have it get out, there will other to make another 50% on them.

There are a few that are for real, look for companies that have a real product, call them and ask them to send you a flyer or information.

For example I called FCCN and received a complete paket on how to start your own franchise with numbers to their lawyers etc.

Do your own DD (research on any stock), don't go by what other say.

Becareful of those who say:, "get in now" "it's okay we will rebound." and "it was a good day today." all these things said after your stock keeps losing 10-20% each day and they continue to say good time to get in.

I have learned to if my stock id dropping to get out protect my investement and profits then catch it when it settles at the low, then I re-evaluate, check the interest (volume) then maybe get in.

Verify the news from any company yourself, write to the company, check their website etc.

There are good people here and some that are there to take the newbies money.

Great place to multiply your intial investment 10 times and also a place to lose 100%

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rickpic
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If somebody says Buy Buy Buy! See if they say when to Sell Sell Sell! If not they are not looking out for you at all!

GLTY
Rick

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Nothing moves a sub like news!!!

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Tryintomakeabuck
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Im new to trading and the board but how can you tell if its a group play?
Is it by the number of size of trades going through?
I know this might be a touchy subject on the board but who is best to follow and who do we stay away from..
I am still trying to learn where to get all the information on these companies..
Any help to the newbie thread is fine info cant hurt..
Thanks ,,
Gary

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The Nice Guy
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There is a lot of crocks here...I know two of them so far. You would know them in due time too. Those who talk about "chart" "chart" "chart". Just watch your fav. stocks and get in when volume picks up or when the bid is rising. Don't be greedy.

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What do you think ?

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T e x
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good start to what could be a great thread...

one side-note, rickpic: group-gropers often will, in fact, post "when to sell"--but it's w-a-a-y above where they know they're going to exit. My simple point is: Simply because they post an exit target is no indication of a "heads-up," genuine type notice...a quick rule-of-thumb is good exit strategy is based either on "safe" percentages or the trader's charts, explained, with links. When you see, "I heard," "a birdie told me," etc...ding ding ding...scam bells should be sounding.

Glad y'all started this thread, could be very good.

best to all

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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T e x
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quote:
Originally posted by Tryintomakeabuck:
Im new to trading and the board but how can you tell if its a group play?
Is it by the number of size of trades going through?
I know this might be a touchy subject on the board but who is best to follow and who do we stay away from..
I am still trying to learn where to get all the information on these companies..
Any help to the newbie thread is fine info cant hurt..
Thanks ,,
Gary

Well, for instance, a new join date can be a giveaway. Do not take this personally. If you are really new and asking, you will be fine.

However, because this is one of the premier boards, we get a lot of "newbie" questions. Some stay--I did. Unfortunately, that also translates to being a target for scam artists trolling for newbies...They come in, get busted by members, get banned from the board.

Yet because of our open structure, they can return under a new "nick" or "handle," often pretending to be new.

A clear giveaway, though is when a "newbie" signs up on, say, Friday, and by the next Sunday evening is posting as a pro.

Other signs: a stock with no "business" starts getting pumped; "Hey, you guys--forget DD. Let's just play low-floaters."

just a few...

others have other clues...


Actually, we should just have a thread for "g*angb*angs" then whoever wants to play em could play em. What pi$$es folks off is when they show up acting all innocent, then later when the dump is over, they're like "Who? me?"

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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rickpic
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BuyTex

I hear that and thanks for bringing that up! What I was saying was a reality sell post like the ones you may have seen me post! How many times do we see the starter of a stock topic stick with the crowd and not only recomend the stock but also, be there with a warning near or at there sell point! We need more of that here for sure! Many newbees follow the cool-aid being served and are left to fend for themselve when the run gets close to its top or starts falling! At the end of the day we are all responcible for our own investments, but its easy even for a seasond veteran trader to get caught up in the momentume, never mind a rookie who has no idea what signs to look for! I bring picks to this group because for the most part there are straight up guys here, but wolves do lurk here as well! Checking the born on date of someone doing the Ra Ra is a good idea as well. I see threads here right now where it was started by a first day poster and 6 other new posters are the ones posting to that new starter! All the same person? Could be! A group bringing in there picks? it could be! Just a coincidence? It could be!

Rick

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Nothing moves a sub like news!!!

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T e x
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ya, rick, lottsa clues...
da vets here can knock it off quick...

as you sort of imply, when a thread suddenly gets "populated" by those types or all "joined-yesterday," that's WAY obvious. What is more subtle? Some of these scamsters will actually "store-up" handles, that is, create several/many that they can then "reach back to" with a nick that's a few months' old. A giveaway there is, say they joined 6 months ago, and show up today with 2 posts.

Another is "Charts? we don't need no stinking charts!" or whatever, news, DD, etc. Anything to attack the character of the poster instead of the validity of the message.

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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pensandoenti67
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Look at NWPO pages 60-80 bunch of new imposters and MM's running and scaring and pumping it perfect example of imposters and wolves.
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T e x
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yup, good example, pens

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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rickpic
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Its a Rat Race thats for sure! One sure way to not look back at why, is to look into a stock, the caliber of the news or is the stock up 200-300% when the cool-aid is served and trust yourself at the end of the day! Knowone is right all the time! Im as capable of losing on any given day as anyone! Thats why I have gotten so quick on the out button UP or DOWN! grab the profits and cut the loses unless you are going long, and this market has few I would hold long and most that I have, I have lost on eventualy.

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Nothing moves a sub like news!!!

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rickpic
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pensandoenti67 and here I was thinking I was the only one who saw that! Good eye!

Rick

PS but I think the situation there started a wee bit before page 60!

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Nothing moves a sub like news!!!

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Spartans
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All of you...
There are so many wonderful points all of you have brought to the table today. I just opened this thread because I thought it may be the beginning of another scam. My Friday evening "Neighborhood Watch" of which many of you are volunteers also. I'm so relieved it is not a scam tonight. Even if it was the folks who have posted are folks who have stood up and fought to keep the integrity of this site. I have nothing to add to all the great tips posted other than to say "THANK YOU...ALL OF YOU"
Have a great weekend and a great week of trading ahead for all...

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pensandoenti67
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rickpin (NWPO) I been here since last year (different alias then) and I had never seen a stock with so much BS and wolves, gosh people came from all over the place it was hard to trust anyone it was a war zone. I got so many PM's telling me to get out. It was a bit scary and I been here for a while, I'm not saying I'm an expert but the past two months my profits have really soared and it's by doing exactly what you say. Have to know when to take your profits and exit.

I posted when I got in in NWPO in the first day that FrOGGY started the thread, I posted my exit and man I was ambush of why I was getting out, several of the members congratulated me saying "good job and profits for you pens."

Those are good people, those that bashed my at first for getting out when the stock was going down, well only they know.

Why is it okay to post I'm in with xxxx shares, but not when I get out? I think posting your entrance and exit is good, it let's people know why it may have gone down a few cents, and not that the company is doing anything wrong or bad news. Maybe I'm wrong on posting my entry and exit points?

Anyways good luck to all trading as I said before

you can go from $1,000 to $10,000 easy on this message board.

Also, that $10,000 can go to ZERO if you are not careful and choose your exit points. NEVER PUT A BIG CHUNK ON GROUP PLAYS, IF YOU WANT TO PLAY PLAY $250 DOUBLE TRIPLE AND GET OUT.

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OnPoint
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Thanks guys for all the useful tips, heads ups (?), etc. It is very helpful to us nubees. I've enjoyed this site for several weeks now, since I first found it. I'm just starting to get to know some of you by comment, style, etc. Getting to know who the characters are who's reasonable, legit, or otherwise. I finished the week with profit- up 22% mostly in the last 3-4 days. thanks much to this site. Might start to get the real hang of it soon - with some help of course. thanks for sharing,

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Live long, dig deep, & prosper.

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rickpic
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One more note!

I will not hold any stock no matter how much I love the company. If I believe I can buy it back for less than I sold it for!

just food for thought!

Rick

--------------------
Nothing moves a sub like news!!!

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T e x
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pens, I posted I was headed for the door at the high ( as far as I know, haven't watched every day) around 1.61 to 1.64. Did I know it was the high? heck, no...if I had DD to back me up, I woulda posted sumpin like, "imho, scram and get back in later." Of course, at that point, many were still euphoric. Anyway, I posted I was looking...

Nobody here that's here worth their salt will *ever* seriously question anyone taking profit. Ya, you might kidded if its keeps jump-jive-n-wailing, but, seriously the first point is make bank, second point: if ya caint? protect your tools...capital...

great board, good thread...

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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rickpic
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Pen

I believe that as a community here we owe it to each other to post enrty point, but even more paramount is to post our exits its only fair in the long haul we all gain much more by being straight with each other as a majority!

Rick

PS anyone who post a dirogitory note to someone who takes a profit and posts it! Talk to the hand!

--------------------
Nothing moves a sub like news!!!

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rickpic
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by the way if Im taking a profit I want other to do it with me. Its no fun celibrating alone! Check the EYII thread from today! No stuckholders just happy profitiers!

--------------------
Nothing moves a sub like news!!!

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matto
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This is the best place to learn,there are certian people you can trust and value thier opinions and pics.everything i learned was here i have been reading all post for two months havent missed a beat. my first buy was last week and i am making alot of money!!!! keep learning, and thanks looking foward two pic some nice ones for you folks someday!!!!!!!!!!!!!!

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Trading is a blast!!

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T e x
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whoops.

got my threads/re-posts mixed up...

sorry

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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pensandoenti67
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new members learn the power of Private Message.
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rickpic
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I've been on the guru list and understand what your saying about the mass exidus, but I posted it anyhow at least on quick day plays! If you were here when CMKX ran 1200% then you would have seen me screaming take profit! Some listened and made a buck and some payed the price for falling in love with the thought of millions out of pennys! Catch 22!

rick

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Nothing moves a sub like news!!!

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T e x
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o, thanks, rick--had a better post then lost it due to clumsiness...

pens, pm--i got one the other night xrym (sp?)--is your mailbox clear, yet [Razz]

mass exodus--rick, yeah, some of da vets can not post exit targets in advance cuz that almost guarantees flee-dom. If I post an exit one thing, if they do? Gospel...

i hope that's clear, the distinction...I'm drinking beers....whoooooooo hooooooo!

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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pensandoenti67
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buy tex you can PM me now

on your opinions


Thanks

did you get in XRYM... I'm up 50% since my post on Monday

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T e x
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ya, check your pm in a few...

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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one2watchny
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quote:
Originally posted by rickpic:
One more note!

I will not hold any stock no matter how much I love the company. If I believe I can buy it back for less than I sold it for!

just food for thought!

Rick

I second that; or at least ride free shares!

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EVERY Day ABOVE GROUND is a GREAT DAY!!!

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Hamzat
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Great thread! Very helpful.
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Hamzat
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Can anyone who knows of users to stay away from please PM me with a few names. Thanks alot! And just for the record, Rickpick is a great guy! Very honest person. He posts his entry point as well as when he's selling for a profit. No B.S. with this guy.
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T e x
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this is *exactly* the post I wished against

Hamzat, please learn the principle...then you will *Know* w/o having to consult a list.

eg, from Rickpick, work outwards...who does *he* trust?

See whatI mean?

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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Hamzat
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I get it BuyTex. I don't want to cause any trouble with any users on this board. I'll just be careful. Thanks.
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T e x
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cool--please keep posting

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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t3achmehowtowin
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i've been reading this board for like 3 months and finally signed up now! LOL. Got a newbie quesitons here...wut is DD and L2?

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One day.....One hope....

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one2watchny
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DD is Due Diligence IE research of the stock and
L2 are the prices the MM's(market makers,firms that buy and sell)
the Bid(price price you can most of the time sell the stock for)
and ask (buy)
If you pay for a service(Alphatrade.com)I use;you can usually see if the stock is getting ready for a move;If the MM's on the Bid side are stacking up on that side it usually should go up and vice versa
All this depends on volume(ANOTHER INDICATOR)
When a stock goes down on light volume'it is usually a good sign(bullish)
However when dealing with these penny's The MM's can do what they want' they are not regulated by the SEC like Nasdaq and higher priced stocks
Thats why you hear MM manipulation often on this forum.
Hope some of this helps.

FOR ALL THOSE WHO ARE NOT MEMBERS AND JUST BROWSE, IT WOULD BE TO YOU BENEFIT TO SIGN UP!
I'm sure the posters here only make up about 10% who are actually browsing.
It's free and you won't get junk mail or anything else if you don't want.

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EVERY Day ABOVE GROUND is a GREAT DAY!!!

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