Couldn't a penny stock be considered a value investment? lol
I guess I gotta be ready for anything...
Couldn't a penny stock be considered a value investment? lol
I guess I gotta be ready for anything...
well biel might be starting a big run tomorrow morning, and if not, they have some BIG news coming next week.
Also, I took a deeper look into CTIC and they have quite a few LARGE institutional investors which has raised my interest in them once again. I will be taking profits from biel and investing there shortly.
AMNE has more news coming out next week as well and it could easily start a little run to .01 or .02 (i have 7 million shares, so that works for me)
Also, I am watching JEDM and will be buying in if it drops in the .02 to .05 range and riding it to the .2x range where I will exit until it drops once again (possible pump and dump, but they are doing a good job of sustaining it, so I will take profits from it while they are available)
CTIC I often look at and wonder if I should have sold my shares.. solid company with some good things in the pipeline.
I wish I hadn't sold mine, but i'm going to try and pick up a lot more here in the near future.
I believe with the right things going for them, this could break the $10 to $15 range over the next 6 months
So BIEL has a lot of good news coming out this week and this month is going to be crazy. Closed @ .08 today and is only going to go up from here.
New pick: BMGP
Company has been dormant for quite some time now, but with good info I bought in recently and they come out with their first PR in a long time today because they are finally out of the R&D process and having conversations with some big partners now. Stock is going to move up a good bit in coming days/weeks.
AMNE released a PR about it's first big delivery in FL today, i'm still long on this one with 7 million shares and it going to start moving up soon.
Biel was up to over .12 today and closed over .11...picking up more and more shares as it goes along and trying to trade it daily to accumulate a much larger position.
Next week will see .15 at least
BIEL, I am still holding but this was a hard one to figure out where I wanted my position. My dilema was that I want to maintain my position in BZCN and TYRIA of which have a LOT of potential but BIEL was solid.
I could have easily put all my money into BIEL and ride that out but I didn't want to miss the boat on BZCN. So my strategy was to play both, whichever pops first and hits my target I'd invest into the other, and I am sticking to that. Its just that if I had invested all into BIEL I'd be at double my investment rather than down on BZCN.
A good week nonetheless, my portfolio is higher after yesterday than it has been in months.
Last edited by tony; 09-12-2009 at 04:27 PM.
I couldn't handle the losses in BZCN and will be taking profits from biel to bzcn before financials and then back to biel.
Originally Posted by drpepper14
I believe BIEL will be solid in the short term future to come. Odds are this will be approved and open a very large and new OTC market to them.
http://money.cnn.com/news/newsfeeds/...re/0534491.htm
So GETA hit .60 today, kicking myself in the ass for selling my 10,000 shares @ 37.5 but I believe it still has a lot of steam going for it.
This is probably a retarded question, but why the hell can't I get a quote for SPNG today? All it shows is market close yesterday. I tried Zecco, Google Finance, Forbes, etc. All other quotes come up fine.
Because its SPNGE now.
SPONGETECH DELIVERY
(OTC BB: SPNGE.OB)
Last Trade:0.1026Trade Time: 4:18pm ETChange:0.0124 (13.75%)Prev Close:0.0902Open:0.089Bid:0.1025 x 5000Ask:0.1021 x 50001y Target Est:N/ADay's Range:0.0777 - 0.103052wk Range:N/AVolume:149,817,544Avg Vol (3m):N/AMarket Cap:74.17MP/E (ttm):N/AEPS (ttm):N/ADiv & Yield:N/A (N/A)
I was right lol. Should have just searched for Spongetech.
Good job ironchef, keep it up man. Do you trade just stocks or do you also do forex, options, etc. ?
I specialize in forex, but i put play money in stocks. Will be trading corporate bonds once I pass my series exams. Anyone else been enjoying the long slide the dollar has been taking against the euro? ps by long i mean the past 4 months lol. easiest money ever made IMO. Personally I've pulled in over 2200 pips of profit.
Thats awesome, what size lots are you trading?
I definitely want to learn more about FOREX, and eventually shift trading it almost exclusively. I like that its very based in technical analysis a lot of the time, and less subject to bullshit manipulation like stocks. Can you recommend any good books for it?
You'd be surprised. Positive numbers have been released all week for the $ but the Euro has had a strong bullish trend for well past obama's speech on the 8th. It has its own set of market movers, that's for sure.
I'm a finance/econ major. I can honestly say I've never read any books on it. I self taught myself the majority of the technical analysis, although I primarily stick to the fibonacci retracement and moving averages not to mention my own strategies. One thing you will learn is everyone's calculations are different (because its subjective of points you use and time frame). Everyone must come up with their own strategy and approach, what works for me wont necessarily work for someone else.
CPRK, SIXOQ, and BIEL Will be my portfolio by the end of the week.. expect BIG things from CPRK but they will not turn up results until mid 2010
I got in and got out this morning, made a quick 10%.
What else are you guys looking at this week (other than the ones tony posted which I'll look into tonight)? I'm still holding on to CTIC, bought it kinda high going to have to wait it out I guess.
started playing asfx...should see $1 by years end. I have over 500k shares of it at the moment.
In other stocks:
BIEL
Got some very juicy info from a few people that I probably shouldn't have gotten. They filed ALL 5 of their 510k applications with the FDA yesterday and it is being fastracked to 30 day clearance with the FDA.
The real news though is that Dr. Scholls is now waiting on the sidelines with a .70 pps offer awaiting approval of biel's actipatch. That should be 1-2 weeks after approval, so 6-8 weeks from now BIEL should be .70 pps from the current level of .097.
Good stuff, I like where this thread has gone with various plays.
I did buy SIXOQ today, started at .45 and went up to .72 then settled back down. This is a very quiet stock and the back end of the profits isn't based on performance, you are basically holding an IOU from Six Flags, it gets a bit complicated but I could explain if anyone is interested. I'm in this for the very long haul but $2 a share is highly possible.
CPRK, just inside info that I've received that the earnings that have yet to be posted are VERY positive and will shift this stock in a good direction.
Holding BIEL, i just refuse to sell. Will add more tomorrow, possibly 20k shares.
BZCN 362k shares, just because.. not expecting anything out of it any longer but you just never know.
And GETA hit 1.11 today, I recommended that when it was around the equivalent of .35 earlier in this thread.
I just can't hold BIEL right now when asfx is taking off. BIEL will trade sideways for a few weeks and asfx will prob see .10-.25 in the next month!
From my understanding, very legit
After some research.. I'm convinced. I'll be buying asfx tomorrow.
so it went up 40% today without any news or anything at all?
anticipation
They have picked up a heavy hitter for their VP position, have a bill being signed by the gov in Cali in a week or 2 (which will be followed by NY) and they are going to be announcing huge sales soon. Also one of their products is in walmart now.
CRXX about to jump. i think.
Almost just had a nervous breakdown lol. My scanner found CHTP this morning down 70%, from like $7ish down to $2. I took a big ass risk, sold my CVM for $400 loss, and bought in around $2.09 average. It started to go down, and im damn near shitting my pants, but thankfully it reversed like I thought it was going to. Sold it at $2.61, for a nice gain. Been looking at ASFX, seems like a decent entry today.
ASFX was at .019 when I posted that, now its up to .021, didn't get in though, oh well.Almost just had a nervous breakdown lol. My scanner found CHTP this morning down 70%, from like $7ish down to $2. I took a big ass risk, sold my CVM for $400 loss, and bought in around $2.09 average. It started to go down, and im damn near shitting my pants, but thankfully it reversed like I thought it was going to. Sold it at $2.61, for a nice gain
Had my limit order waiting for asfx below .02. Sure enough it filled at a decent entry point of .019
If you watch the chart on asfx there should be significant pullback before another jump. Possibly .015
I'm holding for a minute, going to build up some free shares before I start selling.
I managed to pick up evfl before it jumped 100 percent. Bad thing is I only invested 40 dollars
Morning did not go very well for me, screwed up pretty bad with a very basic concept lol, what was supposed to be a one-day flip is now long term. Won't make the same mistake twice. I'm now down about 11% overall holding on to CTIC, BIEL, and CRXX.
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