http://www.stockhideout.com/forum.php
Good site with plenty of good info and small caps.
http://www.stockhideout.com/forum.php
Good site with plenty of good info and small caps.
Another down day for BZCN, adding 500k shares to put me at 1.5mil shares. I'll be in Charleston, SC for 3 months.. hopefully I'll come back to some good profits by the time I come back.
I need a realtime pro tool to track the penny stock swings (every second if possible). Anything out there that won't cost me an arm & leg?
I have no clue, I just use various websites. Honestly I don't know if it is a good or bad thing to watch the market closely day in and day out.. I don't know if my heart could take it.
Ha ha, tell me about it. I have a bad habit of clicking refresh every 5 minutes or less. Penny stocks are ones that you can click refresh several times in 30sec and see big swings.
refresh every 5 minutes? I have stints where that button gets clicked 10 times a minute.
I really like etrade pro's interface. Once you make so many trades in a quarter or have over 50k in your account, you get access to it for free. I just started using it yesterday and it is a very nice tool to track with.
BZCN and LLBO down again today, but in 3 months Tony you will likely have a very nice surprise waiting in your portfolio with BZCN and more than likely LLBO as well.
LLBO is supposed to file with the FDA by the end of the week. If there is no news on monday I think i'm exiting that stock, but i'm waiting through the end of the week in hopes that the promised "end of july" FDA filing will happen.
Just trying to be like you with 10 million shares lol. You will be a rich man very soon.
Yeah i'm hoping to finish grad school and then retire and just trade with my profits for the rest of my life.
I've got an uncle who does the same thing and man that would be the life. My "job" would consist of waking up before 9:30, walking to my office, and then shut it down @ 4...that's if I wasn't out and about keeping up with everything on etrade mobile pro lol
When, and I mean WHEN BZCN hits it big, we are all going out for dinner to celebrate retirement lol
actually, i'll probably still keep my installer job @ best buy part-time so I can keep my sweet discount lol
Hoping for a better day today.. if not I'll just buy more and stockpile more and sit on it. At this point I'm only buying shares for the next 3 months, no selling till targets are hit. The economy is in a recovery, BZCN will benefit from that recovery. BIEL has some good stuff lined up going into December. (I believe a pending FDA decision, the run up should be nice)
Well, I just got out of HEB, losing $100. Talks of more dilution made me sick. If the dip is low enough I will buy back in using Zecco. Pretty much wanted to leave Sharebuilder anyway. Live and learn.
I have been having those some feelings. I really want to wait to see how things shake out come flu season though before I act.Originally Posted by AirMax95
Yeah I exited HEB the beginning of this week with a small profit and put it into BZCN.
LLBO and BZCN both had green days today. I think BZCN has seen it's low and LLBO also indicates that it will be on the move up again.
I had a buy order at .0012 for BZCN but I didn't think it would hit that so I set it for .0013, averaged down with 419k shares.
Yeah I wish I could avg down right now, but i'm waiting on funds to clear and don't want to pull anything out of BIEL or LLBO @ the moment.
With and FDA filing announcement, LLBO could see .05 to .10 the way it is moving right now, so I would probably exit, avg down on bzcn, and take my initial investment out so my wife won't bother me about it anymore lol
Yeah I'm not getting married till October so I still have a couple of months to do as I please with the funds then it is on lockdown.
haha well enjoy it!
Hopefully when BZCN pays off i'll have plenty so the wife just doesn't even ask about our investments anymore! She'll be too busy spending the money and not worried about a measly 500k being traded daily lol
lol Mine is happy as long as she gets the house she wants.. after then I am good. She knows I've pretty much handled the finances thus far so I don't get a whole lot of questions about finances.
I've worked pretty hard through school, work and the Air Force (all at the same time) I am just ready for a nice payoff so I can take my foot off of the pedal a little bit. I got my first grade under a B this past semester because I'm doing entirely too much. Like I said before I am going with a plan and sticking to it, currently that plan is to not sell ANYTHING unless it is absolutely critical.
I look at positions like EXPH and BEHL, just a month ago EXPH was at current BZCN levels, if you invested $20k your return would be over 6 figures by now.. I'm sure there are people who got out.. or who are getting out now that shouldn't have. BEHL, same thing except a larger return, at .0010 2 Million shares bought with $2000.. this was back in April. Today BEHL is at .10, $198,000 made from of a $2k investment and BEHL is still on the rise probably headed toward .25.
When I see BZCN or BIEL drop I just look at those previous charts, they all dropped before they went back up. There is a big risk here but patience weathers the risk.
HEY! BZCN finally closed in the green today lol
Still a long term play for me as always (2-4 months at least)
LLBO is still trading kinda sideways and down, but i'm still sitting on it because this is what it did before it's last 900+% jump.
BZCN is going to pay off well, I'm sure of it.. just waiting for some financial results to come out.
What the hell happened to ADLS? I didnt even see the drop, now the loss that I took didn't seem so bad.
Yeah i'm glad I got out around .50 lol!
Once BZCN releases this Q's financials, and End of Year statements, it will def take off. I believe it will see the .25-.30 range in the next few months. I'm hoping for more, but as I accumulate shares and avg down, anything over .02 or .03 will give me a great year lol
I think about this though, say your target on BZCN is .25, you're holding 2 million shares and it hits .10, are you really going to stay all in or take some profits? My situation as it is today, it would be really hard to overlook $200k in the bank to wait for a higher target. Honestly I believe at that point I sell 3/4ths of what I have and let the rest play out.
I will say with BIEL I'm willing to be real patient, even if it takes a year or so. Seems like there is a lot of potential for a good run with BIEL and I'd like to get out at just the right time.
The plan for BZCN is to take my original investment and play on house money. Also when it hits .30 I will be selling at least half of what I have and investing a large sum into BIEL because I doubt it will be over .50 by the end of the year, but it has a very realistic chance of seeing 1-$5 over the next 12 months.
So I sell 5 million shares at .30, which nets me 1.5 million, and then i'll put 100k into BIEL and some other stocks, and take the rest to the bank. If I don't see a larger upside, then i'll sell all of my BZCN @ .30 and put even more into BIEL in hopes of doubling my profits with further FDA filings and huge US sales of BIEL's products
The thing that concerns me is capital gains taxes, between federal and state its almost at 15% unless you're holding for over a year, then its 15%.
Exactly....I learned using 'trial by error', but I learned
Limit orders are in place.. I learned my lesson on missing out.. even though I did manage to sell HEB @ $4.50
Yeah i've got my limit sell orders in place as well to take profits, but I keep an eye on drops everyday because i've watched level II trading a lot lately and seen that in BIEL, LLBO, and BZCN, market makers love to take a look at set sell orders and take them out in order to take your shares....
So it is taking a risk, but it is also taking a risk to put in lower limit orders and have mm's manipulate the market to knock out your orders and take your shares. Leaving you empty handed when the stock rebounds after the manipulation is over
MM's can gladly take out my limit order.. but then again its nowhere near the current levels. Pretty frustrating to see something you're so vested in get manipulated but that is the risk of Penny stocks. Personally I'm a go big or go home type of guy, 30% to 40% gains here and there are nice but I just can't sit idle when I see positions like BEHL and EXPH.
I don't know if we are on the same page.
I'm all for limit sell orders above the current price in order to take profit, but i'm talking about limit sell orders below the current price in order to protect yourself from losses. MM's see those lower limits, dip down below them, and then buy your shares which causes the stock to reverse again.
stock trading at .05, you have limit order @ .03...MM's drop it to .0295, take your shares, and it goes back to .05. You wouldn't have lost any money, but now you have no shares and took a loss.
Basically in pinks, the MM's control the game by watching people's limit orders. If you want to see manipulation at it's finest take a look @ LLBO lately.
consistent 30-40% return is nice, but you also can't deny the presence of 25000% returns if you get into a moving pinky
If you look at VNDA on May the 6th it is exactly what you are talking about.. the stock shot up then dropped 50% out of nowhere, set off a good portion of stop losses then went right back to where it was. I'm sure MM's were able to pick up those shares and double down on their investment, its certainly a dirty game.
All of my limit orders are above current levels, the dips don't bother me, except for the fact that I wish I had more money on hand to buy at certain times. When BZCN hit .0010 this week I was PISSED I didnt have the funds available to buy another million at the time. But I'm being patient because I feel there is a dip or two left in there for the future. This is all nothing more than picking a strategy and sticking to it, I am in it for the long run so the voilatility isn't so much of a concern for me.
That is exactly how I play it.
I invest in a company after doing my due diligence. As long as nothing fundamental has changed in a stock, I take the dips to avg down and add to my position and just wait for it to rise again.
I think BZCN is going to make a little run here over the next few days to a week and then will likely see another large dip. It will probably continue this until financials are released, so i'm going to take every opportunity I can to add to my position.
Sure would love to be in the 20 to 25 million range before quarterly results come out. But without taking into account any BIEL or LLBO profits, I will probably only have 10-15 million
BZCN had a PR today which didn't do much for the stock, but a second PR released by its parent company ARIO after hours revealed some nice sales numbers!
Down from last year, but what isn't down from last yr? Can't wait for the next 2 quarters!!!!
I feel bad for saying this but I hope there is a little bit of a selloff tomorrow, I was looking to pick up another million shares @ .0010, no telling how the market will react to this news but I think it will be a positive outcome.
haha I think picking up another million @ any level tomorrow would be a good move on your part. I think you will see a dip, but probably not to .0010, at least not tomorrow
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