InvestorsHub Logo
Followers 96
Posts 4769
Boards Moderated 0
Alias Born 12/09/2010

Re: None

Monday, 03/21/2011 10:19:36 PM

Monday, March 21, 2011 10:19:36 PM

Post# of 7
FCXGL - now these (prefered) stocks are the way to go imo!!! They rarely get volume and never high volume, but when they jump they FLY!!! Patience pays off BIG with prefered stock most of the time. These are the ones where when you screen for the "biggest % gainers" and you see ones that are up as much as 200,000%+++++ with volumes of only like 100 or a couple thousand in volume for the day, all in less than 24 hours.....or so it appears. In reality, they almost always open up at least +2,500% (typically MUCH higher) because vast majority of the trading takes place pre-market the day of the huge jump in pps and after hours the evening before. The only way to bank the gains is to be in the day before or early pre-market, and then be able to liquidate it after the massive gains! Keep in mind that volume can be as low as 1 so the only problem really is liquidity. But c'mon, who REALLY wants to let go of prefered stock of any strong company.....especially Freeport-McMoRan ANYTHING,ya know? Anyway, hope to see some folks here from time to time. GLTA and if you should have any questions, please don't ever hesitate to ask!

Everything I post is only my opinion. Please do your own DD and do not make any investment and/or trading decisions based on anything I say as it is all just my opinion.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.