InvestorsHub Logo
Followers 135
Posts 18127
Boards Moderated 6
Alias Born 05/28/2009

Re: gmjones99 post# 5952

Thursday, 05/17/2012 11:46:41 AM

Thursday, May 17, 2012 11:46:41 AM

Post# of 44420
gm: As I have repeatedly said, I have only owned CTYX since early 2011, and it has spiked up above .01 numerous times. I first bought CTYX in early 2011, and have logged significant trading profits here by accumulating significant blocks of shares between .0035 and .0095, and selling some shares when the stock spikes up above .01, all the while building a 2 Million share position with an avg. pps well below the top of the above range. Like Conix, I believe there is a very profitable formula here that really works.

Here is how it works and can work for you. Say you buy 1 Million sh of CTYX at .004 for a total cost of $4,000. You then put in a limit order to sell 500,000 shares at .012, The next time it spikes up there you get a quick fill on the order that has been in for some time, and you net $6,000 for a tidy profit on your original investment. You now have back your original $4,000 total investment, and you still have 500,000 shares free and clear, and $2,000 of the house's $$$ so to speak. You then take the $2,000, which is essentially free $$$ at that point, and put in another limit order back down under .005, for say another 500,000 sh at .004. If it hits back down there in the normal trading range, you then are sitting on 1,000,000 sh for a total cash outlay of $2,000, having put away your inital investment from the trading profits. You get the picture. You amass more shares each time and consistenly lower your overall PPS.

Based on the trading history and the CTYX chart, we can reasonably expect CTYX to trade back up over .01 multiple times yet this year, and you can then keep executing the investment formula reaping more and more profits. Of course, there may come a time when it goes up through .01 and keeps going up, and that is why you want to build your base position every time it dips back down, so you are sitting on a nice chunk of shares at a very low avg. PPS when news does come and drivbes the PPS even higher.

IMO, this is a solid investment and trading stock, and I am confident it will trade back up in the .01 - .02 range again as it has several times since early 2011. JMHO