mikeymobiles

WHo has what.........

how well have you guys been doing on particualar stocks?

Lets share, inform each other, lets make lots of money guys..we should be here to help each other....

anothercls

I have made quite a few dollars off of redhat (rhat) in the virtual stock exchange. If you get the right person to do your invesments they will make as much money for you as possible since they get money from it.

mikeymobiles

i dont like brokers they have alot of people to worry about and they dont keep a tight eye on my money like i would with my money.........thats why i like to hear the publics view of what they are making money on!!

CrockPot

TFCT is one of 'em.

Amoeba

Hahah, thats funny you mention tfct, I actually have money invested in that company at .045 it was way down, but i am almost even again, and on todays news it should be gapping up the whole week.

CrockPot

that's what i'm hoping for...i got in at .032.:P

skyline

I have also discoverd interest in TFCT.. but whats the deal wiht the company ? whats your long term outlook on TFCT ?

Amoeba

TFCT sends out a lot of fluff PR's and are pretty deceptive...but look at the current PR's and make up your own mind. They will be at at least .10 in my opinion in a month or so.

CrockPot

two words...due diligence.

i took interest in it when i came across it looking for night sights and accessories for firearms, was interested in it mainly for the homeland defense aspect of it. i don't normally bite with penny stocks, but i figure...at .03 a share, the most i stand to lose is...3 cents/share.:P

joedokes28

I currently hold XYBR @.97 and TFCT @.045. I've had a lot of good luck with stock tips on this board.

bryanz3.0cl

im bout to buy 10 more shares of pepsico. safe, reliable and always on the up ....mostly

dpakman91

this is my first post, i'm an A-TL.com member, and since it's down i decided to check out A-CL.com, and i'm glad to see this money and investing subforum.

for anyone who wants to check it out, i recently started a stock picking website. i've had good success over the past 6 years (i know, many will say it's not enough time to tell if i know what i'm doing, and that's fine with me), and the site has been up a couple of months, we get several new members every day.

http://pakman.thevividedge.com

KavexTrax

If you're an analytical type who likes graphs and numbers, and have a tendency to look for trends, pick up a technical analysis book asap.

For me, I like to quantify my decisions based on numbers, not speculation or hearsey that can't be explained by numbers. Also some people do favor fundamental analysis though which is more textbook accounting analysis of a company's fundamentals.

What I'm trying to say is find a strategy that works and stick to it.

Amoeba

Thats why I love penny stocks, all hype and speculation...for example its pretty easy money....TFCT said way back that in 60 days their new prizewise.com site would be opened to the public. SO i invested then (.045)....waited till it opened...as soon as it did the stock exploded to its level at .07 and it will still be gapping up this week. I didnt have to analyze numbers or do any of that and since I am a kid I dont feel like thinking too hard during the summer with the technical analysis game. So far Ive done decent, I will be up a few hundred after I sell TFCT and I will be making even more after some stupid decisions I made that now I understand with experience.

Scrib

APPL
MSFT
T
CAH
AIG
MDT
CSCO
HD
WMT



and...

QBID.PK

Amoeba

Qbid.pk Is Too Risky.

Scrib

^^^^

Without a doubt. But it's fun to watch. And I didn't put in more than I can afford to completely lose. With these kind if investments, it's pretty much the way you have to think about it.

KavexTrax

In the perfect world, we'd be able to monitor penny stocks like a hawk each and every minute, able to get in and get out, catch a long trend and ride down a short trend at the right entry and exit points. I think its all based on your monitoring ability and risk tolerance that determines which stock picks are suitable for your investment appetite.

KavexTrax

XYBR looks like a decent pick.

I currently own:
IDWK.OB
YHOO

KavexTrax

Renegade: What are you trying to tell me? That I can make picks on hype and speculation?
KavexTrax: No, Renegade. I'm trying to tell you that when you're ready, you won't have to.

Amoeba

Alright GTRocket I know im stupid but I got out of tfct at .081 in the morning...didnt want to be too greedy and just needed the money. So I invested $1500 into it and came out with a $1,147 profit in the end. Pretty good for a 17 year old needing some money

CrockPot

nah...that's not stupid, it's probably the right thing to do. i'm going to sell enough to cover my initial order, and let the rest ride. did you know this stock traded as high as $30?

Amoeba

IF prizewise becomes big, the stock will make you rich, but I cant get too greedy, im in CDED at .039 cents now workin on the speculation of a satellite contract coming in any day now, $1500 invested again and hope to come out with about $500 profit in a month or less

Paul

i missed out on this..... anyone else have any good stock like this that I should get in on now?

CrockPot

0.14 renegade...you must be hating life

joedokes28

TFCT went crazy today. It closed at .1505 WooHoo!! How long should I stay in?

Amoeba

Okay Im $2600 into IAO .35-.37 and $600 into LSTA at .0007....waiting for a quick run for 300% profit with this LSTA.

SpeedyV6

BBH, CVX, XOM, ACO, VIP, TRF, ROS, LUKOY, NOOF + SPY + SBW & LBF

Amoeba

Aww I see you like to play the low risk ones

1coolcat

These are currently my long-term holds: CSCO, CHKP, DOX, QCOM, BRCM, EMC, GLW, NTAP, SUNW, NOK and TXN. Some other more speculative plays: AVNX, CORV, JDSU, VRSN, OVTI and some other health/biotech and nanotech plays.

Most of my holdings are tech which I started buying towards the end of 99'....held em through the tech meltdown but was buying more of everything to average down. The current overall best performer for me is BRCM, up 41% from my avg. cost of $30.37.

ju5tchi11in

do you guys use a broker or what kind of trading service... I was wondering if the fees are to high for this kind of thing.

I have a few spare hundred is 300 a good investment into some of these penny stocks. Should I be spreding this out on 2 or 3 or just stick with 1 stock "all in" and "call"

Amoeba

I think $300 is too low for a good return expect 100% gain with these penny stocks and get out...

I like to do $1500 in one $1500 in another and $500 in the ones that are like .0001

ju5tchi11in

So how do you trade.

etrade or something like that? where do you find info on these companies? I took an accounting class where we analized some yearly reports...probably not so great in determining these penny stocks but any more info on this stuff would be great thanks. I got some time on my hand to catch a quick rise on a stock in day trading.

Amoeba

I trade using scottrade, im switching to ameritrade $10.99 flat fee and I hear they are excellent...

I invest by looking on the internet primarily for peoples "hot or upcoming stocks" and then I research into them. Thats for the normal pennys like .02 and so on....

For the pennys like .0002 I look at the ones that are on their 52 week low but have not broken a new bottom and I make sure the volume is there...I see if they have any potential for a good Press Release and then invest. When it makes a quick run to 100%-200% gain im out.

KavexTrax

I use scottrade as well, but aren't you annoyed by the restriction on LIMIT orders only for OTCBB stocks? You can only buy-low and sell-high. But you can't put a stop/stop limit or market order. That is beginning to be a huge issue for me as I can't be in front of a trading terminal during trading hours all the time.

I am going to seriously consider Ameritrade soon once I learn about restrictions on trading features such as the one I talked about above.

ju5tchi11in

4 years ago I was taking the campus tour of the college my father taught at...

they were using this mock trading program with all these different options, such as programing when X stock goes up to Y price it will sell Z amount of shares, or when A stock goes down to B price buy C amount of shares, so on and so forth.

are these online trading sites something like that? or just input what stock you want to buy or sell and how many shares?

am I over simplifying this? or is the part of placing orders this simple.

dets

yea, its just part of placing an order no matter which house your trade at.

You don't always have to specify a sell price, but you can. along with volume and everything else.

ViperrepiV

I just turned 21, and i have nothing invested. I want to start off with something around $300 or $400 like ju5tchi11in. Should I start off with stable, long term stocks, or more volitile penny stocks? Or diversify? I also took a financial accounting class and (at one point) could do analysis using financial documents and what not, but i dont have the time to do that, as its very time consuming

ju5tchi11in

One thing about financial analysis... most people pay for the advise buy buying those subscriptions to some news letter or a group or a website or something. The reason im picking 300 dollars is my mentality for that 300 dollars is I can afford to lose it.

In my opinion 300-400 for a long term stock that has history of gains would buy you 2-35 shares. And that would net you not very much each year. So if you only have that much throw it into a penny or put it in one of those money market accounts at a bank or depending on where you live throw down an offer on a 20k house and rent it for 500 a month on section 8 programming.

EDIT: upon further thought I wanted to add... or I don't know what im talking about.

95gt

Uhmm you are pretty much telling him to gamble away his money. The object is for long term gains. He should not be trying to triple his money in a month. Even though he will only be able to buy a few shares they should gain % every year.

If he is going to leave it be for awhile do up a mutual fund that matches an index (S&P for example).

If you want to gamble go for a penny stock, or just go to the blackjack tables.