View Full Version : what to buy
Mo, Spanish Fort
07-28-2006, 03:07 PM
if you were going to purchase 10 stocks today
what would they be?
what's a good price to get in for each?
what's a good price to get out for each?
buck74
07-28-2006, 04:00 PM
Hi Mo, have not seen you on here for awhile. I know the four bank stocks I would buy are Warka, the Iraq Middle East Bank, the Commercial Bank of Iraq, ans Dar Al Salaam Bank. Especially the first three. Warka and MEB are currently not trading but should be soon. The reason being I think they are underpriced (near a 52 week low), and a friend of mine told me that that three or all four of these banks will be directly linked to the ISX electronic trading system. I am unsure if this is true, or if all banks will be linked, but my friend seems pretty knowledgeable. Maybe someone else can shed light on this. The other point I would make is just to hold the stocks once you get them purchased, buying stock through Warka's proxy program is definitly NOT day trading. But the coming Warka on-line feature, combined with the coming electronic ISX, combined with the coming Foreign Investment Law should fix this problem in the not to distant future. Of course all of this is just my opinion, so take it with a grain of salt.
Mo, Spanish Fort
07-28-2006, 04:12 PM
I've been considering at least a couple of those banks
what about any penny stocks stateside?
I'm on here almost every day reading. Nothing to report so I've kept pretty quiet. ha ha
Hi Mo, have not seen you on here for awhile. I know the four bank stocks I would buy are Warka, the Iraq Middle East Bank, the Commercial Bank of Iraq, ans Dar Al Salaam Bank. Especially the first three. Warka and MEB are currently not trading but should be soon. The reason being I think they are underpriced (near a 52 week low), and a friend of mine told me that that three or all four of these banks will be directly linked to the ISX electronic trading system. I am unsure if this is true, or if all banks will be linked, but my friend seems pretty knowledgeable. Maybe someone else can shed light on this. The other point I would make is just to hold the stocks once you get them purchased, buying stock through Warka's proxy program is definitly NOT day trading. But the coming Warka on-line feature, combined with the coming electronic ISX, combined with the coming Foreign Investment Law should fix this problem in the not to distant future. Of course all of this is just my opinion, so take it with a grain of salt.
J-boy
07-28-2006, 09:58 PM
I would start flipping DTGP
And I think I would follow Shakerzzz around on ihub to get a good education on picking stocks for very fast trades.
He may be a kid, but he has 1000+ followers.
Depending on your experience, I would most of all just get involved in the market, start an account.
I haven't seen any books yet that address trading penny's as aggressively as I want to.
But I am seeing people who consistently make very, very good returns.
Good luck.
I am a very high risk tolerant trader.
How could anybody who owns dinars not be highly risk tolerant?
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