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I nearly bought desc@.73 instead but figure a quick week flip on aurc then get into something like desc--a hurricane play.
once again, i'm gonna flip aurc here.
entered today@.13 we'll see where it takes us.
Hi Designerportfolio,
I am with you on your last post as well. =]
As a christian, I too want to get out of debt, and really be able to assist others in their day to day needs as well as spiritual.
SUBPENNIES ROCK....JUST HAVE TO HAVE YOUR FINGER ON THE TRIGGER. BUY.SELL. Do one of them quickly. =]
Take care. =]
hey thanks. I agree big caps can be fun: wait for a sell off to end then buy in: NCR gained $18/share over the course of 8 or so months; BCE was a good stock to play on the buyout rumours; CAT was both a good short and now a good long candidate.
I'll admit I'm playing with aurc.pk right now to get the portfolio above $10,000 where stocks above $1 or $10 make more of an impact on quick trades.
I'm trying to take a laid back approach to getting my million--every time I hurry I screw up and give back profits. It may make for a boring "game" for the audience--but I do have a few confirmed followers which comforts me: a few more millionaires in Canada and USA etc will hopefully become multi millionaires and citizens willing to help others--give to charities, etc. That's my goal: to show and prove to others that one million dollars is an attainable amount and that lottery tickets indeed are a waste of money.
I'm a fan of games and challenges. This board is dedicated to turning $3000 into $1 million! Taking an average of 10% gains on mostly "loonie plays" I've calculated that ideally, one can become a millionaire within 60 trades. (I'm not going to do the math for you: trust me, it works!) -quote.
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You are absolutely right! =]
I use that quote exactly. Myself.
Glad to see you already made a great trade for big gains. =]
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And to think I passed up buying this at 54ish.
http://stockcharts.com/charts/gallery.html?AMZN
kaboom.
I had almost bought it simply from a chart play (news always helps too).
The combination of both looks like it was a winner for some BIGGGGGG MONEY.
LIKE APPL...New IPOD/phone/etc etc. =]http://stockcharts.com/charts/candleglance.php?aapl
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Bigcaps can be good at times.
"Follow the money honey". =]
They are good for "flipping" whole/or half a portfolio in dollar amount, for 5-10% on average. Which is pretty good, for only monitoring a single stock, and.......doing DD. =]
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I recently was in NUAN.http://stockcharts.com/charts/candleglance.php?nuan|B @12.00/SHARE. It is over $16.00share in a number of months...and had all my funds in it. So, it can(one example) help liquidate large blocks of cash, without too much of a pps drop if need be, verses a penny that can go either direction on a whim.
Just ideas. =]
NNRF.....I mentioned, went from 2.50- 10.00 share in a few months. Back at 50%, 5.00 or so.http://stockcharts.com/charts/candleglance.php?nnrf|B
You guys take care. =]
p.s...95% of stocks are TIMING/CHART. <<<<<< =)
yeah perhaps but remember, i'm trying to focus on $1+ stocks!
I'll go look on the hurricane board for some ideas though.
I agree, What about hurrican stocks??? Over the next 3 months these might be good to get in and out of???? BUGS,IPII,ECCI,DPDW,PDGE,CYBLE,WEGI,NSMG, all rising steady just before hurrican season.....Thoughts????
BUGS might be interesting for your next play. I love the board by the way and wish you much success.
awesome hope u sold today in the .18's.
For this board i sold my 30,000 shares@.14: discipline damn it! Eght I let 10% profits slip due to lack of discipline. Never again.
anyhow, must give props to blackjack: those that listen to him don't let greed cloud their "dahdah" judgement.
hey i got some aurc@ .10:
it's high risk but if insiders are right, should pay off within a few days. If not, I sell for a slight discount:(
You just tell me what we are getting in...Lets make a million!!!!!! THLD,REV,TBC,AURC ?????? let me know!!!!!
interesting, spdv did go up: well i can read charts but still volume was too low even though i'd only be flipping a few thousand shares.
i'm watching THLD at the moment. REV as well has a nice descending triangle gonna keep rising imho.
BEN.TO looking good as well.
wow tembec (TBC.TO) getting near re-entry point!
so should i stick by my guns and stay big board; or go with an insider manipulation play pinkie aurc for a quick 10-40%? Hmmm.
i might buy aurc@.095-.10 for this portfolio and sell by 4pm Friday.
otherwise, i sadly missed the mck.v double; too busy catching up on some needed sleep....
spzi is ok but they keep diluting the thing it's very annoying. don't pay more than .022....
Johnny
if you want to put your money in something take SPZI.pk, designer will agree this is the right one for long term profits. and then entry right now is perfect.
do your own DD but I like this one big time
when do you think you will have your next pick???
DO NOT BUY SPDV; going down on low volume: probably won't buy it because average daily volume is too low. average volume around 15,000: DO NOT buy it please.
so how does SPDV look????
well i sold my eght and learned finally:
never break your rules. i'm a rebel and rebeled against logic on Friday that says "buy rumour sell news." Anyone reading this post that applies to all stocks--pinkies included. Now you see how i gave up 6% profit just for being an idiot.
NEVER AGAIN.
Sell if the Bears aren't done with it....Heek i problably wont even get it if the bears,lions,and panthers aren't done eating it yet!!!!! Who wants used meat???? Just kidding, but i can use all the help i can get if you see it being bearish than shoot me a email and i will get out... I work during the day but can check this site frequently..I will monitor it today to see if there is a good entry point..I wil be looking for you... Thanks, Johnny
just be prepared to sell if the bears aren't done with it
ok I will try to get in SPDV .80-.84 monday.....
SPDV@.83 looking like it might give 10%+
well looks like i might not be able to take advantage of it for this game at the moment (depends if i sell monday) but you might want to look@spdv@ .80-.84. Also, I trust you know how to read a chart/t/a? If not, to play my picks it certainly would help to understand that important aspect to trading. Also, go to Lowtrade's board to better understand trading strategies.
Ready to go with funds... Waiting for your next pick... Let me know eairly as possible....Thanks...LOL johnny
yeah it's looking good:
however, will let it ride a little longer--news coming out and analysts calling for $7 target this year. Wonder if earnings release on monday is gonna be positive?
I'm happy I stuck to non pinkies with my first pick: much less stressful and no need to read a message board to find out what might be going on!
Watch monday's news: might be time to get in for a crazy ride. If not, i'll sell.
EGHT you are about at your 10% today you may hit it...
I am ready.. Come monday i am with you on your next pick.. I will check 2 to 3 times here before the bell rings on entry point and exit points...If you fell the need to change them( due to the market or whatever reason) please let me know so i can stay in longer with you or exit... If we can do more than 10% i am ok with that 2.
i'm open minded:
Could take 10% "scalp" on a daytrade, a flip a swing trade or more.. Sometimes might be less. And if a strong bullish trend is beginning I'll ride the profits until the trend ends. So trades could last anywhere from 30 seconds to a few weeks or maybe longer--the point is to make a million bucks (sure within a year would be lovely:))
I'm happy with eght so far; almost sold the other day@$1.41 but earnings are to be released b4 market opening tuesday--i understand that to be a very bullish scenario. Normally, would sell on news, but if news is stellar, well it could be fun.
hope u can join in.
dp
I will follow this pick then hopefully by the end of this week or beginning of next I AM IN!!!!!! Do you have a time frame for each pick??? like you want to see it hit 10% within a day,week, month??? As always thanks i am lookinf forward to a nice long wealthy relationship....
bought 2000 EGHT@$1.31
(thanks to Canuck exchange rate had to settle for an even 2000; and my broker charges more for odd lots.)
gtc sell set @$1.45 (+10%) willing to ride higher if bullish trend continues into next week's earnings' call.
Would have posted sooner but had apt's this AM.
cheers,
dp
I took a shot and I bought 1 million Iraqi Dinar about 6 months ago.
think i've found my first candidate. Will confirm later (cya sometime in mid morning to see if the stock i've got in mind is hot: my simulator says buy is confirmed...now all i've got to do is pull the trigger on my $3000 (i'm in canada so keep in mind my .88 dollar conversion rate:()
on watch is a few BEN.TO@about $1 REV@$1.25 ODX.V@.10 even good old AURC.PK--hoping to grab .07's on the shake.
Mostly sticking to loonie plays...but to kick start my portfolio, willing to dip into reliable penny flips.
talking about making a million...look into the Iraqi Dinar, for a nice chance for a ROI! RJ
Great idea for a board! Now, while
we are waiting for new stock picks to make us millionaires, you should check out
http://www.thesecretbet.com/
I hear it's awesome. It could be bathroom reading material, but I know a guy who SWEARS this shi% is real and he makes his car payment using it (BMW 6 series).
My ship got lost a LONG time ago out at sea! So I am working on my second million, since my first one was LOST! RJ
Thanks for the reply i am with you starting next week..Going to free up 3000 between now and then!!!!!
yep i will post entry and exit points; stop loss@8%
percentage gained, all the facts and numbers that hopefully add up to a million bucks;)
i've got a few stocks on watch--tembec certainly will be in play someday--not yet mind you. I'm trying to get away from wasting time on other boards--some think i bash aurc for example (i don't, just am a realist with penny stocks)--and focus on my trading career. I really like lowtrade's approach: notice how infrequently he posts on ihub except on his own board? Probably because he's busy making money!
This sounds good. I will try to follow your picks..I will free some capital up..I am a newbie and play alot of penny's and shell stocks.. Do you provide us with entry points and exit points.( I realize you cannot guarantee them). And when you sell do you let us know??? What has been your take..Do you shot for 10,15,20,25%???? And what your sell on lose 10%???? Sorry for the questions but i am excited and will try this with you next week...
well that sounds good, I will keep an eye on this board. Yep, I am in the GTA west side! :)
I love a challenge. I've got a system that so far has worked--mostly on nasdaq/tsx etc stocks trading at about $1+. Basically, I have a watch list of stocks (for this challenge, currently DESC, TBC.to, REV, BEN.to, NPWS--although volume is too low for my liking, even a few penny stocks i know well--aurc for example, and others.) Based on the chart, I take a guess at what price the bears will run out of steam (assuming the stock was recently sold down--my favourite scenario) or a bullish turnaround is confirmed; then i enter my picks into my investopedia.com trading simulator. Sometimes the RED hasn't stopped--thus my simulator takes the loss not my real money:) Then it always happens--a bullish trend begins (or even just a bounce), my simulator goes green i read message board sentiment (yahoo, ihub etc) briefly then if feel confident, I jump in with real cash. So while $1 stocks are my favourites, I am prepared to use penny stocks initially to boost capital quicker, and once into $200,000+ territory, will of course look at blue chips; all based on t/a.
My system has worked so far. Now i'm making it public via this board and to hopefully help others make some money and perhaps learn a few lessons myself.
Btw, see you're a T dot Resident yourself. Good to see another one here.
cheers,
dp
sounds wondeful but rarely ever works - I mean how can one be SURE about what stocks can be 10% gain guaranteed.
I hope you make it! GL on that and your board!
look forward to seeing your posts...YEA lets make a million!!!!
Welcome to the millionaires' club! Oops...we're not there...yet. (Although some of you might be working on your second or third or 20th million--doesn't matter: it's all just a game!)
I should have my first buy posted sometime this week. Decisions dang it.
btw, would like to add: since we'll all be focused on making money, we ideally won't be posting 24/7 will we?;)
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Welcome to the fantasy that is a Million Bucks for some, for others a reality. In the midst of all the financial mess and recession/depression fears, wouldn't it be ironic if at least one new millionaire was created trading the garbage stocks out there?
It's the Detroit Auto Show right now, and as a lover of cars, I continue to believe the world still needs some American cars and auto parts. So, starting today, 12 January 2009, let's track two auto parts companies. ARM and HAYZ, both could fail, but both could make excellent trades over the coming weeks.
vs
What else is in the trash can? Oil, gas and resource stocks...uranium stocks....
18 February 2009 update: Clearly above 2 picks performing well for the shorts...:p HAYZ appears to be bottoming though....
What I'm watching now from Canada: BBD/B.TO and BVT.v Bombardier may be a good buy around $2.40 let's watch it okay.:)
a good uranium stock imo for cheap is BVT.v (Long term looking for .25+)
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