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Is it Monday yet?!?
Can't wait to see what this week has in store for all of us.
Now if only he had some advice as to how we could avoid those taxes!
Yes, he certainly helped start me down the right track after months of struggles, and it finally has gotten to the point where I can very reasonably make a few hundred dollars per week making only a couple of quick trades rather than having to hold on and hope for the best.
Too bad I abandoned ship early here, just before CDIV dipped EOD Thursday, but a 20-bagger was nothing to sneeze at! Now hopefully Monk can get back to work this week and pick a stock that actually moves up!
Best of luck in the coming week everyone! May we all profit from Monk's sucky dart skills!
Boy am I starting to "hate" weekends!
I just end up sitting here, waiting for the market to open on Monday. I guess it is almost a good thing I don't have a margin account, as I at least have to think about what funds I've used where and when it is OK to sell different positions. LOL
So, aside from CDIV and possibly TRXX, what stocks are you guys keeping an eye on for next week? I need to start making some money, as my bank account has about run dry.
The weekends are torture! But I guess, after this terrible week with Monk's sucky picks, it's a good thing the weekend is here. Only 2 days of the week I can't follow his terrible advice!
Great week here, but maybe next week we can actually get TRXX to move up a little bit more? Please? $2.00 / share would be just fine - I only need another 20-bagger to be happy.
Have a great weekend all, and Monk, rest up! We'll need your dart throwing skills to be razor sharp coming up so you can pick another big loser!
And my 10k shares will ride the rest of the way with you guys.
I just had to sell, before I got too greedy. Waiting for the first sign of a drop yesterday afternoon, and I was happy to get out at .078 just before it dipped back to .067.
Like I said, I was more than glad to give one of you longs a few more shares to collect on when pay day comes.
Congrats to all of you who have yet to sell CDIV!
Now that you've cleared the .10 hurdle, I'll be cheering on as you guys sprint towards the .20 mark.
Thanks.
Now to begin on the next chapter - Graduation Gift to Self
Funny how my story follows a similar plot.
I recently finished up my junior year of college. Last summer I had some money in my bank account from working with minimal expenses throughout my final 3 years of highschool, and part of my freshman and sophomore years of college. I managed to accrue roughly $6,000 that I felt I could live without while trying to "tame" the market.
Well, I opened an account with Scottrade, and deposited my funds, without paying any attention to the state of the market, other than the fact that it was going up. As my luck would go, I did this just three days after the market had reached the all-time record highs on the Dow, Nasdaq, and S&P 500.
Immediately I began to struggle, expecting every trade to go downhill, and becoming more and more aggressive in my "stop loss" levels. It seemed that every trade was a loss, and those that weren't, barely a gain at all after commissions. This continued on through the autumn months, watching my account dwindle. Play after play went south, bringing my account down as low as $1,200 before any faint hint of a recovery found its way to my portfolio.
At year's end, I found myself sitting at roughly $2,200 and dropping down to $1,500 quite frequently. The market seemed to be out to get me, bringing every stock down right after I bought it, and going up (sometimes 2-300% within a week) after I sold. Nothing was working out for me, and the cost of my mistakes continued to grow. $6,000 lost potential after selling WAMKQ at $0.19 before the run to $1.00. Selling JSDA at $0.40 two weeks before that broke the dollar barrier. Nearly any wrong move possible, I made it.
After buying and holding EESO for fear of another such performance, my suspicions that the market was against me had been "confirmed". I bought and could have sold a few weeks later for roughly $500 profit. But having seen play after play go against my every move, skyrocketing just after I sold, I foolishly second-guessed myself yet again, and held. I rode it down through the .03's, through the .02's, and spent weeks hoping down in the mid to high .01's. Finally, I abandoned ship for another loss, and was about ready to give up for good.
Now, we've come to the end of the first week of May. My account sits at $2,300 and holding. A friend of mine points my way to this "Monk" fellow who supposedly knows what he's doing. Suggesting that I buy this little stock called CEMJQ down around 5 - 5 1/2 cents. Not knowing much about the stock (or that crazy guy named Monk), I put it on my watch list. Hit the 6's, didn't pay much attention. 7's, 8's .. still didn't pull the trigger. 9's ... 10's ... OK, maybe there IS something going on with this stock afterall. Breaks into the 11's ... OK, time to get in. I hope on board, nearly all-in at 11 cents ... just in time to drop back into the high 8's.
Story of my short investment career, buy only to have it drop. Disappointed as always, I have to ride it out for a few days, before the funds settled so that I could sell. Well, what's this? Back into the 10's? 11's, moving into the 12's? OK, slowing down around 13 1/2 ... guess I should sell for the $450 profit. I watch the following days as it rockets through the 20's, into the 30's, breaks through to the 40's. Figures ... another bad move on my part. What else is new?
Now, a few more small trades here and there, actually starting to make a few dollars here and there. Then I see it - "Monk's Den" listed in the user groups. I stop in and realize, this is the same guy who had recommended CEMJQ, and my friend had passed his name along to me. I figured, OK, why not? My picks suck, so maybe he'll pick another winner.
CDIV you say? OK, where are we at ... .0020 x .0026 ... up-tick now to .0026 x .0029. OK, let's take a chance .. 720k shares at .0029 - I hope it fills. Up-tick again, .0029 x .0030 - knowing my luck, it won't go anywhere from here, so what's this other pick? TRXX ... OK, I'll take 22k shares at the ask - .095. Figures, it fills and then the price drops to .09 minutes later.
Hmmmm ... CDIV is still going up ... maybe a bit left to go afterall - guess I can sell my 12 shares of WAMPQ. OK, 69k shares at .0037 - let's see how this goes. .0040 ... .0045 ... .0050! Wow, up almost $100 already! Whoa! What happened at the close? .007!? Up $200 already!
Next day, I sit there and watch as CDIV quickly breaks above the penny mark, amazed as it holds its ground, and closes at .012 (my first 200% gain, or even 50% for that matter). Another day goes by, I decide to grab a few more shares at the ask, trying to help bring her back up from the bid-whackers. Another amazing day, watching as she closes the day up 175% and my latest 10k shares are worth $90 more.
Then it happens .. early on in the day that wonderful Thursday, the price goes up to where I'm ready to consider selling. My first 10-bagger has finally come. Now I've seen it all .. amazing momentum, huge volume for the number of shares available, perfect example of the way the market SHOULD be. Break 4 1/2 cents, I think, maybe I'll sell at 5 cents. Goes back and forth for a while, I keep telling myself to sell before it drops.
I sit there, glued to my computer all day, watching as the stock oscillates back and forth between .045 and .05 for several hours. Then, late that afternoon, it happens. That magical .052 barrier has fallen! If I sold now, I'd have recovered every penny lost in the past 10 1/2 months! This added pressure did not bode well for my impatient personality. Maybe I should set to sell at .062 ... uh oh, .061 is up, quick, cancel the order! Uh oh, those weren't MY shares at .062 were they? That was close! OK, this won't break 7 cents, I'll set to sell there just in case. .065, .068, .069 .. guess I was wrong, cancel, cancel, cancel! As it plows through the 7's, I almost feel sick to my stomach. Remembering back to a terrible Wednesday around midday when I was in EESO. Ran hard to .051 before a rogue "market" sell order brought the stock to .01. I was determined not to allow that to happen again.
As momentum had seemed to lull for the time being, I felt that .079 may be the peak before a small dip. The ask was back and forth between .078 and .079, so I decided to not get undersold by anyone, and set to sell 69k shares AON at .078. A minute later, it had sold and I could finally breathe again.
To look at my account balance was a glamorous moment. After spending months and months, struggling to get anywhere, a selfless community effort had allowed me to break into positive territory in my trading career. I had finally realized why my friend had told me to follow the momentum - because it works!
After many failed attempts to trade one stock after another, I had finally recovered from my rough start. I was finally at an overall gain. Not only that, but I was up over 30% from my original $6k investment!
I'd like to take this opportunity to thank all of you for allowing me to partake in this wonderful adventure, and most of all, a GIANT THANK YOU to THE MAN, Monk himself. Without you all, I would still be another beginning investor, failing to recover from a shaky start.
Looking forward to many more of these "sucky calls" in the future!
P.S. My apologies for the "life story"
Hard not to hop right back on on that dip!
Keep up the good work with the sucky picks!
Well, whoever got my 69k shares at .078 can feel free to do that, and I'll be just as happy for them as I am with myself for finally following a winner!
Best of luck to you all!
Monk, you're AWESOME! Thank you so much for helping me get back on track in my trading career, but I had to sell at .078. Needed to get away from the stress!
Still with 10k shares just to keep an eye on things, but I couldn't sit there and watch any longer. I'm willing to let some of you longs take those shares off my hands, a 20-bagger was plenty for me.
Monk making sure it got hit!
I'm in love!
I know I said yesterday that I'd be willing to let go at .0424 ... but ... but ... I just can't! I can't say good bye yet!
5 cents .. what?
Wish we had this buying interest on TRXX.
Well, we're not paying you to do your best, we're paying you to pick GOOD stocks!
I was doing just fine picking the losers on my own for the past 11 months .. LOL
I think I picked the wrong time to get into stocks ... only 3 days after the Dow peaked last summer. Gave me plenty of time to ride the market down over 50%, and my balance reflected that.
In all honesty, I greatly appreciate the work you put in here, and am looking forward to many more of your sucky calls in the future!
What can I say? I preferred to play on the computer as a kid, rather than hanging out with friends. Only one more year of college before I'm out in the "real world" and actually have to interact with others on a daily basis
Unless Monk can start handing out some REAL winners - I'd like to make enough to pay off all of my student loans by the end of June please!
I find it kind of funny that CDIV is expanding into internet acquisitions, when in roman numerals, CDIV is "404" - also known as ERROR 404 - File not found ...
Kind of one of my main worries with any stock - that I'll wake up and my money will be "404" because the stock plummeted.
Looking forward to another day riding out these lousy picks.
Well, I'll be willing to sell my 69k shares tomorrow if it breaks 0.0424 - I'll gladly take the 1,000% profit and give others the chance to make some off of it.
Of course, I'd have another 10k shares that I bought earlier today .. just in case this actually starts to move, I'll make a few more bucks.
My 69k shares of CDIV are laughable compared to what some of you have, but still not doing bad from the $260 I put in on Monday!
My 22k shares of TRXX on the other hand - just hanging out for a while I guess.
I sure wish my picks were as terrible as Monk's!
At this rate, my TRXX position will be worth less than my CDIV position by EOD!
Too bad I got drawn into Monk's lousy picks! LOL
Maybe you should take those CDIV profits and help us all out buying up TRXX.
Don't mind me, just disappointed I played this these two the wrong way, tying up most of my available funds in the stalling TRXX.
BTW .. your picks SUCK!
Maybe they'll start going somewhere, because Monk's last pick is pathetically boring to watch right now ... something that actually moves would be nice! LOL
I guess NITE wants more shares before he'll let this go ... keeping the ask below the bid.
Why can't he just let us have our fun?
Hopefully just in time to help me start paying off my student loans, since I'll be graduating next spring. I could really use $10-20k once I'm out and trying to find a job and a place to live.
It'll be just my luck, I'll sell out of CDIV too early, and it'll hit .10 before TRXX does! LOL
I wish I had been patient earlier today, trying to get 720k at .0029 ... instead everything went in TRXX and I'm stuck with only 69k CDIV at .0037.
I hope so, because while it isn't much, 22k shares can still make me some money.
I'm afraid you and I share the same curse!
I bought in today at 11 cents / share, and as soon as I did that it was down to .107. Seems as if everything I buy, goes down, and everything I consider but end up not getting into, goes up. Today I was just looking for a 7-10% gain - I had picked 5 stocks (CEMJQ wasn't one of them) to look into - 4 of them hit the 7%+ gain that I would have been happy with for a quick trade. Of course, the one I got into ended up having to sell at a loss.
Anyways, it took me too long to get in here, and now I'm hoping I didn't curse you all!
Good luck everyone - I hope we don't need it.
Actually, we ended up .0027 on Friday .. in case you really wanted to know.
From what I saw, they were talking about what levels of various gases caused health problems. They then went on to discuss their results from using Hydrogen Peroxide and how much was required for optimal results.
Nowhere in there did they mention post-digestive enzymes being ADDED to reduce odor levels. They DID however say that the optimal ratio for Hydrogen Peroxide was 82mL / 500g (1 mL is the volume of 1 gram of water). So, 1 part Hydrogen Peroxide to 6 parts animal waste ... not very effective.
As far as I know, Hydrogen Peroxide and Potassium Permanganate are NOT enzymes. So while they may be effective (if enough is added), I don't see how they compare to ENZYME based solutions that EESO has to offer.
Come on Jared ... give us something, PLEASE!
Otherwise this stock will continue following the same pattern of every other trade I've made. Buy and it drops, sell and it goes way up. Sold WAMKQ last week for more shares here ... boy am I kicking myself.
I suggest everybody sell, since any stock I'm in is destined to drop.
I don't know about you, but I enjoy Earth Day SO much, I stayed up all night doing homework just so I don't miss a minute of it!
I can't think of anything better for a large corporation than to be able to announce an acquisition of a GREEN company on Earth Day ... one can only hope, right?
Thanks for adding that.
I enabled them when I first signed up, and had completely forgotten about it.
Good luck everyone - hopefully we get something good this week.
Better yet, how have his funds settled from his sell Friday at .023?
A few days off there! LOL
"Intradevco Industrial SA (Intradevco) is a Peruvian company engaged in the manufacturing and sale of various cleaning products. Its product line includes clothing detergents, dishwashing liquids, floor, furniture and car polish, wax, insecticides, air sprays, laundry helpers, disinfectants, fabric softeners and metal cleaners. The Company also offers a variety of personal hygiene products, such as creams, toothpastes, mouthwashes, deodorants, soaps, shower gels, shampoos, shaving creams, repellents, sun blocks and at-counter sold medications."
http://www.google.com/finance?q=LIN:INTINDI1
It's a scam! Get out before it's too late!
Spanish!?!? Really?!?! I guess US company websites shouldn't be in English then, huh?
Nope, the Korean government doesn't count as we can't prove they exist! LOL
It honestly wouldn't surprise me if, in the event of a PR'ed contract with the Korean government, our "friends" here try to use that argument.
For somebody who doesn't assume anything in Pinks, can you prove your dilution "theory"?
All shareholders are given a choice to make: Trust the CEO, or trust the bashers and get out. Seeing as how you've been around for 3 days and Jared has been around since the very beginning, I know who I am going to believe.
Good luck everyone!
"I'm not going to be a hypocrite and go against what I preach publicly which is financials are a necessity. But I do know JD has other priorities right now as he is recovering from a nasty credit market collapse. I guess in these instances you would have to do like Gambler, and visit the company on a regular basis to know what it is you have invested in.I guess in these instances you would have to do like Gambler, and visit the company on a regular basis to know what it is you have invested in."
Proof from one of your posts on the EXPH board, that you believe EESO must also be legit.
Well, I finally have to agree with something you've said.
From the iBox, the largest vat is approximately 3 1/2 pallet lengths tall, and 2 pallet lengths in diameter. Unless I'm mistaken (pretty sure I'm not), those pallets are 48" long, so that'd give us a length of at least 14' and diameter of about 8'.
That'd get us about 704 cubic feet, or 5,264 gallons. Still a large volume of concentrate to be sure!
For now at least, it'd be hard to print without any paper.
The O/S is essentially maxed out with the 300 million shares on escrow for the negotiation period.