Investor Help (NO Ihub questions)

[Joe C]

Also I suggest you follow the newbies board, there are a lot of newbies there as well as some very good traders, you can always find great answers there.

[Joe C]

Good morning Mel. Be careful of those that are very excited about a certain stock and those that try to sway you to not buy a stock, it is a jungle out there for sure and there will be many that want to take your money and be happy about it. My best advice to you is to be careful in the advice that you decide to take. I would try trading on paper first and not risk your money until you have a feel for how it all works. Watch the highly publicized stocks, they are called pump and dumps for a reason. There is a rule that many use it is called a three bar rule. Usually a stock will breakout above the trend it is in and continue to move up for three days including the breakout day. The key is to take profits at the end of the third day or early the next morning. This is not fool proof but does cut some losses and preserves your capital. That is the key, take profit when it is there because it can disappear really quick. Do not get greedy and stay in a trade longer than you should, take your profits and remember you can always re-enter a trade if it continues upward but with more money in your account. There is much to learn and I wish you good luck, it is very exciting to pick a winner. One more thing, always do your own due diligence, trust only your own research. Others may have a different agenda than what is best for you. Plan your trade and trade your plan. Know where you will exit the trade before you enter it. Have a great day and happy trading.

[cintrix]

I think in an ideal world we all would like to know where we could put little capital with moderate returns. I would suggest that if you decide to get into the penny stock market you don't trade with any money you can't afford to lose. If you make a few good trades at first, don't get cocky and think it is easy money. It's a jungle out there in the penny world and if you don't understand dilution and how promos work I would be careful. That is my advice to you. The majority of penny stocks that move bigly end up dropping back down again. There are some exceptions but most of them behave that way. Most of them are trading under a buck for a reason.

[Melmarc]

Thank you for your help. Can you offer any guidance for investors with little capital, who seek moderate returns?

[cintrix]

go here and plug in a ticker:
http://www.otcmarkets.com/home

example: redg
http://www.otcmarkets.com/stock/redg/quote
you will see quote - look to the left and choose company info first

under the co description you should see the most current share structure (always check the latest filing to make sure that is updated) - under Security Notes you can find if there were any splits (forward or reverse) - there is other info on that page - sometimes you can find the transfer agent listed there, company website, officers etc.

Back to the left of screen - Filings and Disclosure - if they are a reporting company you will find the latest filings there where you can read all of them. The News at the left of the screen will bring you to any recent news releases.

That site will get you any listed info you need. As far as trying to find out if there was a promo on a stock you can try here:
http://www.pumpsanddumps.com/p/directory-of-touts.html
http://stockpromoters.com/Stock-Promotion-History.aspx

Beware of most penny stocks and I would suggest that you don't invest in them. Trade them very short term. Very few penny stocks are worth a long time investment. They can have a cure for cancer and if they aren't managed right it means nothing. Most of them have little cash and raise money at the expense of shareholders by diluting and reverse splitting. Be careful. And don't listen and believe the pumpers.

[Melmarc]

I am new to penny stock investing and looking for resources to educate myself. A "Penny Stocks for Dummies" so to speak, and wonder if anyone can point me in the right direction? I made my very first purchase REDG about a week ago, but I would like to know how best to research these companies.

[MCArmel1]

Benny and cintrix.. thanks for your input.. I appreciate it!

[MCArmel1]

Thanks for your input.. yes..since 2007 and I use Scottrade regularly but didn't really for penny stocks. I used Zecco for those trades in the past and just wanted to know what was a good, inexpensive, broker that users recommended. This is investor help, right? B11

Thanks for your help! GLTY

[cintrix]

They also lower the commission to 7.99 if you make over 150 trades per quarter.

[Pipa]

I use Scottrade...You've been here at ihub since 2007, and you're worried about 1/2 of 1 percent on a $7. trade...Try Bingo.

[BennySlots]

Not sure if it's the best, but I use E-Trade. It's a flat rate of ~$10 ($9.95 I think) per trade. Doesn't matter how many or what their price is. So, as long as you buy in decent quantity it seems OK.

[MCArmel1]

Guys..what's a good broker for penny stocks now a days? I used to use Zecco and since they merged they charge .01 per share on stocks under $2.. also, my Scottrade works but they have that 1/2% on top of normal fee structure for stocks under $1... Saw Sogo but never heard of them as well as Just2trade and a few others.. Any suggestions or help would be appreciated and if you could also tell me why you recommend that broker if you respond I would be thankful..

Thanks!

[cintrix]

yes

[HelloKittyStocks]

Ahhhh ok so after I set up that account I'm good to go

[cintrix]

First off, do you have a brokerage account that is funded? Once you do that you have to place your orders through them.

[HelloKittyStocks]

I'm looking into buying some stocks how exactly can I do that after I figure out which ones i want to

[cintrix]

I know absolutely nothing about bitcoins. Anyone else who has any experience with this can chime in.

[samster3030]

Hey guys need some help.
Where can I buy bit coins.

[cintrix]

Seriously! Does anyone here read the stickies? The past seven posts to this board have been deleted because of being off topic for spam, Ihub questions, and stock picks. Please read the stickies and ibox before posting.

[cintrix]

click on the person's name - then click on the About tab and you will see how many membermarks they have - to the left of the screen is a link that says Follow This Member - click that to add them - any Ihub site questions:http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64607540

[Joe C]

Can someone answer my question please?

How does the marker work? I have been on ihub for a couple of months but I usually use my iPad. I don't see any member marks for others and I don't know where to check for them. How do I give someone a mark and how do I know who has them?

Thanks in advance.

[cintrix]

It could be anyone - retail painting the tape, mms, or it could even be partial fills.

[Pipa]

Who generally does these 200,300,400 share trades getting the pps higher on penny stocks, especially close to closing bell?

[cintrix]

You would be a passive investor then:
http://www.investmentfundlawblog.com/resource-center/investments-by-funds/acquiring-more-than-5-of-a-publicly-traded-company.html

I have never owned that much of one company. Hopefully you aren't putting it in a triple penny stock that could reverse split on you.

[virtual_cynic]

5% Ownership question....

I have reached the point where I can easily become a 5% owner in a small stock. I'd like to get some input into the relative pluses and minuses of doing so. I have no intention of any type of takeover (friendly or otherwise) or injecting myself into the day-to-day business of the company.

I do know that I'll have to file a form 13D when I cross the threshold. That could happen soon either through my buying or by the firm possibly retiring shares.

Any words of wisdom?

[Kev2128]

I would at least have $100,000 saved up before even thinking of being a full time day trader!

[cintrix]

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=76750891

[spookychild]

If the trades on a particular stock are showing 100% green and no red (sells), what does this mean? Looking the trades on IPAD app.

Thank you

[Damsupra]

I am also new lol

[cintrix]

but have little to invest

Seriously, without trying to burst your bubble, considering a career change to become a professional investor with little funds will not work. If you really wanted to become an active trader where it would be your sole income you would need a lot more than "a little" to get started. I also don't recommend anyone doing this for a living who is new to investing. I have been doing this as a job since 1996 and I can't even begin to tell you how many people I know who I saw come and go. If you are retired or have a spouse who makes enough income and supplies you with health benefits it is possible, but it takes years of learning. Don't be giving up your day job to do this.

[pjbseattle]

Happy New Year everyone!

I am new to the site and stock investing. I have dabbled a little in stocks; buying a few distressed shares using dollar cost averaging through an exchange; using a dividend reinvestment plan. I have seen some good results.I am mostly self-taught and enjoy reading the Wall Street Journal daily; along with other business publications. I am considering a career change to become a full-time investor; but have little to invest. What is the best and wisest way to accomplish this goal?

Thank you!

[cintrix]

it means that there was a transaction below .0001 - it won't show up as a price because of the digits (.0001 is the lowest) - I don't think retail investors can even place an order below that price, but it does occasionally happen

[FollowNoOne]

If the lowest price of a stock is .0001, what does it mean when you see 0 in the screenshot below?

[cintrix]

i don't know if there is an ihub board for it, but you could make a customized scan and choose volume and price ranges - Etrade Pro has it and I am sure there are other platforms that provide it

[cintrix]

if there is no bid or ask it means it is no longer trading or halted

[Pipa]

Try the "The Question and Answer Board"...Happy Holiday.

[Joe C]

Is there a way to change the white background to black from white on the levelI?

[Rich Daley]

question for you folks -- is there a board that lists the most liquid stocks btw ranges, like say .25 to $1?

[johnnyutah77]

If a stock on the USOTC market never has an ask or sell price what does that mean? That they are not publicly traded or on the chill list maybe? Lehman's brothers for instance.

[fung_derf]

Market capitalization (or market cap) is the total value of the issued shares of a publicly traded company; it is equal to the share price times the number of shares outstanding. As outstanding stock is bought and sold in public markets, capitalization could be used as a proxy for the public opinion of a company's net worth and is a determining factor in some forms of stock valuation. Preferred shares are included in the calculation.

Market cap is just a value at that particular moment. Nothing more.

[cintrix]

When the stock price drops, the company's valuation drops. It doesn't mean the company loses money - it means they are valued at a lower amount.

[BluSkies]

I have a a few questions that has been bothering me for sometime. Let's say a company decides to go public and just for example issues 100 shares. Do all those shares equal the entire value amount of the company? If so my concern is what happens if the stock price cause the market cap to drop below what the company is actually worth? Thanks for any responses.

[cintrix]

You might want to go here: http://learn.advfn.com/index.php?title=Level_II

cute kid too

[The Cardiac Kid]

Thanks.

[cintrix]

It means there are multiple mm's - so say there is bid stacking you would see a bunch of mm's at the current offer - you like to see the bid with more mm's than the ask if you are hoping for an uptick.

[Logger2]

Thanks

[The Cardiac Kid]

What is the definition of bid stacking on L2?

[The Cardiac Kid]

Gray means the transaction fell between the bid and the ask. For example the color would be gray if the bid was .0015 and the ask was .0017 but the order filled at .0016. Make sense?

[Logger2]

Ok when u pick your stock on ihub or any stock for that matter . On the top beside the news link there is the trades when you hit that u see the trades and most times it green or red but some times in the middle it will be grey . Why ?

[cintrix]

I have no idea what you are talking about. What platform? If it is an Ihub platform, read the sticky - there is a link in there to ask any ihub related questions.