nah man all investments are a gamble in some way... I am not an expert I said in my EDIT: I have no idea what im talking about.

ok if you only got 300-400 to invest you probably could put it to better use at the moment instead of buying 10-20 shares. even gambling 100 on 10000 shares is not a bad gamble with some research... stock goes from .001 cent per share to .05 or whatever then you made 4900-taxes and fees if you sell... or if it went to .01 then you made what 900 minus taxes and fees? I dunno I think investing 100 in a penny stock is less risky than buying 100 in lotto tickets or 100 on slots or blackjack. with 400 you could pick 4... chances are you should be able to cover losses but then again if you lose it all it isn't the end of the world... with research you should not lose it all anyway.

 

IAO BOYS IAO....Still got time...its at .50 but will be at a $1 or more during mid august

 

I don't know you guys. I think there is a lot of apathy here. I made a post about a week ago about ITW. I know, it is pretty pricey at over $90 per share, but I did make a post about GLW (I mean, for chrisis sake, that is corning glass, no small company). Three years ago or so, GLW was $236 a share. Now you can buy it for $15, and I posted why it was good. They basically own the plasma, LCD, cell phone and laptop screen business.

Now how many people read that post? ZERO!

Yesterday I posted about a 45 day old company that is building a new approach to regional type cargo aircraft, AMUC. They already have a purchase order for 36 airplanes at $342,000,000 and a comittment for 300 more at $2,850,000,000, and an aisian group of big airlines are getting together for a leverage buy of 2,000 aircraft just for asia! Their trick is being able to handle the same size containers as the airlines, UPS,DHL, etc. The prototype hasn't even flown yet, but no biggie there, Its all done with models in windtunnels and computers anyway these days. I watched them open yesterday at $1.55 and close at $2.55. Today open at 2.55$ and close at $3.10. I bought 1,000 shares at $3.03.

How many people read that thread! 1!

You guys should really quit fooling around with this stuff that goes for $0.0001 per share. You also need to understand that the cost of a share of stock is purely irrelevant. It will take more money to buy a more expensive stock, but that is only a matter of the number of shares you can afford to acquire.

And you need to know this: stock in a company does not go up or down because of what the company has done. It DOES go up or down depending upon how people percieve what it will do in the future.

Now, do yourself a favor, look up a five year chart of ITW, which you could have bought for about $45 or 50 five years ago. And all you need for AMUC is a three month chart.

Finally, remember, you "date" stocks, you don't marry them.

Not talking down to you guys, just giving some advice that has served me well. I'm over 50, and have traded stocks for 20 years. I'm way ahead.

 

Thanks for the advice, I was the 1 person who read your AMUC thread, I did not have any money to invest at the time as all my money is locked up in LSTA and IAO....I am making nice short term gains so far and will keep your advice in mind as well.

 

Its hard to act on AMUC when it has virtually no financial history.

 

Kavex: Very true. But no risk, no reward. See my last post or two about utilicraft.

I was basically pissed off that there was no response to my posting about GLW. At $12 or so a share, what a steal. I'm not looking down my nose at anyone here. I've dabbled in under $5 per share stocks, and I made it work, made almost $10,000 on a seven thousand dollar investment.

This is the school of hard knocks, believe me.

I just wish people who had 2 Large to invest would split it down the middle, buy something like Itw, and penny stocks with the other 1 large. I pulled all of my money out of ITW (and I work for them) at $83, because I was convinced we werent going any higher. Now we are knocking on the $100 door.

Owning 10,000 or 100,000 shares of ABCXYZ Valued at $0.0002 may impress your ditzy blond date, but you aint gonna make any money at it, unless that stock happened to be named INTC or MSFT.

Some people here are harping about their SUN or AMAT. They have been so long, so flat, it is not funny.

Speculation, research and understanding marketing is what people need to understand.

 

why do you take so much offense to your posts or threads that don't generate much response? as a whole, not much traffic flows through this section anyways.

you have your investing style and your own speculations. other people, myself included, have theirs. if someone likes to dabble in penny stocks, who are you to "look down your nose" on them...because that is exactly what you are doing. your AMUC isn't too far a stones throw away from these penny stocks, neither is/was XYBR. i for one, do play around with pennies from time to time...BUT, i my portfolio (not including 401k and variable insurance funds) primarily consists of Exchange Traded Funds, with a few individual stocks thrown in. pennies are in a class of their own.

if you succeed with AMUC as you did with XYBR, more power to you. i hope it does better for you than even XYBR. but, that doesn't mean that your way is the only right way.

 

Boy, GT, way to turn around a quote. Who peed in your cheerios today? I said I had DONE penny stocks, and it got pretty scary. And I said I WASN'T looking down my nose at them. Can't you read? Drinking? Doing drugs?

Jesus, we are supposed to be here to all help each other out. And if you look up the history of this forum, I was the one who asked for it to be created.

Then I put up some reasonable posts about some high value good stocks, and some low cost ones that look pretty good to me. And no one replies for a week. Either grow a thicker skin, or get a life.

We either work together, or this forum dies together.

Now go re read the posts, and see what I said. Not what you thought.

Good luck anyway with your investments.

 

my word...talk about needing grow some thicker skin. who the hell cares if you think we have "apathy" to your posts about GLW or about hearing of your 107% increases from XYBR over and over, and then over again. i've been biting my tongue after each one of your posts, from multiple threads i might add, spewing about you asked for this section to be created and now you're pissed because nobody responds to your threads. stop whining and grow the thicker skin yourself...jesus. you want to contribute to what seems to be your investing section? stop being so damn annoying with your holier than thou attitude.

 

Who cares, stop arguing. Keep listing stocks that you think will make money short term or long term.....Like I said I am in IAO and LSTA...once I get out I will be looking to put my money elsewhere and these threads can help!

 

i'm not looking to argue, actually i appreciate and enjoy dfreder's posts as they are informative...i just don't need to hear about how we have general apathy this apathy that, or that we owe it to him to respond because he was one of the people who asked for an investing section.

 

GT: no comment. You are one pretty pissed off dude who wont listen to anybody. Good luck on your own. Please leave the forum and let others who want to help each other prosper.

 

lol...me pissed, definitely not. a little bit annoyed, sure. just to prove i'm not a pissed off dude, here's a bunch of for you.

actually, you incriminated yourself as being the pretty pissed off dude:

tell you what, i won't leave the forum, but i will stop arguing since renegade suggested, w/one caveat - no more apathy references to the fine members surfing the money & investing section.

 

GT: As you probably know, posting on A-CL is a timing thing. ABSOLUTELY no harm meant!

I'm just trying to inject reality into the picture.

I don't have any problem with some young people buying 10,000 shares of stock for a penny, that is a $100 investment. And when it climbs to 1.5 pennies, that's fine, it is a 50% increase. Great! But what is that? A full tank of gas in the CL, and a pack of cigs or two.

I'm not trying to discourage, not at all, I think that is great experience. But 90% of the time anything at or under $5.00, we are looking at a looser.

This is why I got annoyed. GLW looks good to me at about $12/share. That is fairly affordable. $1,000 will buy you about 800 shares. And the number of shares count.

ITW, at 95/share will not lose you money, but you better have a lot of cash. It is a "scaleability factor", capish?

I went from being a total idiot about buying stocks, to having a pretty good idea about what to do. I mean to mislead nobody.

I am only trying to give you a guideline. If you choose to ignore that, it is your choice.

 

you're absolutely right, and your advice is generally very informative. i think most would benefit from you input. thanks for taking the highroad, and i will as well. look forward to reading more of your posts, and hope more traffic flows in here to share/spread the knowledge!

 

I basically use the William O'Neil "How to make money in stocks" discipline and it's worked great for me. Right now I'm in two pretty big breakouts -- Akamai (AKMI) and Sigmatel (SGTL). Other than the fact that they both have great charts -- here are the compelling fundamentals: Akamai is starting to make a lot of money and essentially has a monopoly position in what it does. With video streams incresing exponentially, they should coin money, or quite possibly, get taken out at a big premium. And SGTL is essentially the Intel for MP3 players. They got something like 85% of the chip market for MP3 players -- everybody but Apple. Anyhow I love stocks. It's what I do.

 

Yes penny stocks arent great for older people with some money but damn being a youngin and investing in penny stocks is heaven as I love the gains!

 

in response to the earlier argument:

I'm a n00b in the stock world, and any advice is helpful, so post on! personally, i dont respond to many of the posts here becuase i don't have anything intelligent to say....but that doesnt mean I don't take the advice into account.

I look forward to some more helpful posts!

 

hope that doesnt stand for walmart

 

Yep...

And in the time since I posted that, it's been sold.