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joec
09-27-2004, 10:31 AM
You guys might wanna check this out! I bought this stock at $0.38/share and it is up 20% today. This company is supposed to skyrocket in the next year. Get it while it is cheap!

danpeg
09-27-2004, 11:28 AM
Do you think that a company with 30M net loss and executives' salaries @ around 400K is a good investment? Just a thought.

kelleyB
09-27-2004, 11:53 AM
:happy64: LET ME ANSWER LET ME... I KNOW I KNOW.... Uh, NO? :lmao:

RogerL
09-27-2004, 11:56 AM
Penny stocks do tend to be both volatile and risky. There's a reason they're penny stocks to begin with. :)

joec
09-27-2004, 12:55 PM
You people. All out to make some cash and slam investments which can do just that? I didn't mean to invest in this long term...I meant to make some cash on it today! Try day trading. I just made some cool cash off of this stock...it peaked at $0.50. I bought it this morning at $0.43. That is a profit of $0.07 per share....multiple that by a hefty number and let's just say....it might not let you retire 20 years early, but it will sure as hell put some change in your pocket today!

joec
09-27-2004, 12:59 PM
Volatile and risky is right...that is why you have to do it and watch the market...not just sit back and wait. Buy it low and sell it for a few pennies more...risky, sure, but higher risks have the POSSIBILITY of higher returns. Plus, being young helps...plenty of time to be risky.

Penny stocks do tend to be both volatile and risky. There's a reason they're penny stocks to begin with. :)

RogerL
09-27-2004, 01:20 PM
Volatile and risky is right...that is why you have to do it and watch the market...not just sit back and wait. Buy it low and sell it for a few pennies more...risky, sure, but higher risks have the POSSIBILITY of higher returns. Plus, being young helps...plenty of time to be risky. It's not really a slam, Joe. Penny stocks are not for the faint-hearted. It's pretty easy to lose it all if you're not paying attention. Sure, it's quite possible to make money on small moves that are big, percentage-wise, but it's also easy to lose it. So it's more of a precautionary warning more than anything else since there are a lot of people out there who probably don't know the dangers of penny stock investing.

TYSON
09-27-2004, 03:41 PM
Speaking from experience, anytime you have someone attempting to pump a penny stock and talk about they bought at the low of the day and sold at the high of the day is full of iraqi camel dung.

What trading platform do you use.

Whos your broker.

What was your technical or fundamental triggers to buy and sell.

Not trying to be harsh just dont want to see people in this forum use this type of information in a way that may harm them.

First you tell peoplem they may want to look at this before it goes up which refers to a longterm or at the very least a swingtrade position.
And than you make referance that you are only going to daytrade the stock.

First you said you bought at .38 and later said you bought at .43

Joe have you ever seen the movie boiler room.

Have a good one.

joec
09-27-2004, 06:53 PM
Speaking from experience, anytime you have someone attempting to pump a penny stock and talk about they bought at the low of the day and sold at the high of the day is full of iraqi camel dung.

What trading platform do you use.

Whos your broker.

What was your technical or fundamental triggers to buy and sell.

Not trying to be harsh just dont want to see people in this forum use this type of information in a way that may harm them.

First you tell peoplem they may want to look at this before it goes up which refers to a longterm or at the very least a swingtrade position.
And than you make referance that you are only going to daytrade the stock.

First you said you bought at .38 and later said you bought at .43

Joe have you ever seen the movie boiler room.

Have a good one.

I bought at 38 cents the other day and a few thousand more at 43 cents. I trade using sharebuilder, so i get free trades each month. multiply 1,500 by 12 cents and 1,000 by 7 cents...i believe that is $250. Again, free tades, and only $16.00 to sell...so that is $234 in the bank.