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Also if you are in this forum and you are using TD Ameritrade, I am assuming ATRN is not one of those stocks you claim they prevent you from investing in....correct?
So no surcharge for penny stocks?
Do you mind em asking what is their margin account limit? As E-trade only requires I have $2000 in my account to have a margin account which permits me to do intraday trading, but Sharebuilder and many other sites require I have 25k.
Sharebuilder VS Everything Else. PLEASE READ AND OFFER ANY ADVICE YOU CAN.
I originally purchased my shares of ATRN through Sharebuilder. I know it has been advised not to day trade ATRN, but I am in a dire situation where my choice will be either to day trade it or eventually sell almost all of my shares outright soon if it doesn't reach .65 - $1 by April 1st. I have been following the stock almost religiously, since I bought in back when it was 0.03. I have come to realize sharebuilder does everything in their power to discourage the purchase of penny stocks charging .007 per share per trade. This is large even for other sites who also do this but usually charge .005.
I recently setup an e-trade account and spoke with their rep. She informed me that E-trade does not charge a surcharge for penny stock trades, so Sharebuilders .007 fee per share verses E-trades nothing per share. In addition to this since I would be a first time user of e-trade, my first 500 trades or the first 60 days of trades would be free. I would make sure my trades cover the standard $9.99 per trade, but then that money would be refunded to me ultimately making it unnecessary for me to ever have to sell any of my ATRN shares to cover any personal expenses I have, since I could just use the refund money. The biggest issue I will have with moving my securiies from Sharebuilder to E-Trade is the fact that E-trade doesn't allow you to transition your holdings from one broker to another if they are in penny stocks. I first have to liquidate then transfer and it could take 3-4 days, AND WE ALL KNOW ATRN MAKES MONSTER MOVES IN 4 DAYS TIME.
My Questions: is E-trade the only site with no surcharge for penny stocks? and what do you think of TD Ameritrades Trade Architect verses E-trade? Does Ameritrade charge a surcharge for penny stocks? Is trade architect good for penny stocks?
When I do start day trading this thing it won't be until March 1st after the release of Spyder, IF THEY EVEN RELEASE IT THIS TIME.
My goal day trading would not be to get greedy going for freebies but to extract profits to cover some new upcoming expenses that might otherwise force me to get off the Money Train entirely. I AM JUST TRYING TO BUY TIME UNTIL DOLLAR DAY..PLEASE DON'T JUDGE ME, JUST GIVE ME SOME GOOD CONSTRUCTIVE CRITICISM ON HOW TO MAKE THIS MOVE. I HAVE ALREADY MADE UP MY MIND ABOUT DOING IT.
THIS THING IS MOVING FAST. I CAN'T IMAGINE HOW SOMEONE COULD DAY TRADE THIS THING.
THIS THING IS MOVING FAST. I CAN'T IMAGINE HOW SOMEONE COULD DAY TRADE THIS THING.
What is the deal with Trade Architect and why is e-trade better than sharebuilder, can some post some DD on this for me?
Enough with all this resistance dump and pump crap...this stock needs to just jump to $1 already so I can buy a Nissan GTR
Since this is basically a new company with the removal of Kazaa, if it ends up surpassing its 52 week high, like being in the $10-$20 range, I will name my child Atrinsic and my dog spyder. GOOD NIGHT ALL
I think ATRN will drop 50% of the jump it makes and it will jump by 20 cents or 30 cents at some point very soon. I do think it can reach $1 I just don't think it will do it before the end of March. I do think it will hit the 40 cent mark this month, specifically around Spyder time, but when it jumps fast it will drop fast then jump fast again, in the same day. If it approaches .75 cents gradually it will probably approach $1 gradually. I'm not talking about $1. I'm talking more about where it is now to where it will be right before it gets to 75 cents.
But also, when it gets to $1, and 1.50 there is a lot of psychology involved like I don't know how many people here really believe ATRN is capable of reaching its November levels anytime soon, so they may get some profit out and then buy back in partially for the long term (THE REAL LONG TERM) where you turn your back on the stock and just let it ride while you play with your 1000% profits from your initial buy in.
MY MAIN POINT HERE IS YOU HAVE TO ACCOUNT FOR HOW PEOPLE WILL REACT TO THEIR PROFITS. SINCE THERE ARE A LOT OF PEOPLE NOW INVESTING (LIKE MYSELF WHO HAVE REACHED LEVELS OF VALUE NEVER BEFORE SEEN IN THEIR BANK ACCOUNT) OR WHO JUST AREN'T GREEDY AND KNOW GOOD PROFIT WHEN THEY SEE IT. I CAN IMAGINE BEING UPSET IF I SELL AT .50 AND I AM COMPLETELY SIDELINED WHILE IT GOES UP TO $1.00 BUT I WONT BE THAT MAD. I STILL WILL BE BUYING A NEW CAR AND CONDO REGARDLESS IF IT HITS 0.50
ATRN reminds me of AIG. I don't know if any of you guys remember AIG, but I do not consider myself a trader. I am just a guy who has had a sharebuilder account for the past 5 years and finally decided to use it. ...any way. Back when AIG dropped to 0.33 per share I was having dreams telling me to buy it perhaps because it kept getting mentions on the news all day. The 52 week high was $200 and the stimulus package had just been released to the company, but the share price was still low. I had no money at the time so I called everyone in my family and begged them to invest, but of course no one listened. In one day the stock jumped from 0.33 cents to $2.30 and then within 2 weeks it was $50.00 per share. Shortly after that within few months it was down to $25 per share, where I assume it still rests now.
MY POINT IS I THINK THIS IS WHAT WILL HAPPEN WITH ATRN. Like I said before I am not a professional but this situation seems somewhat similar to AIG outside of the government bailout that is. But I believe ATRN will jump to 1/4th or 1/5th its original price of 7.50 (so like most have said (0.80-1.50) and then drop to half that after the jump, because there are a large number of people here who would be perfectly happy with that profit, as well as a large number of you who can smell opportunities for freebies much better than I can and I can smell those freebies coming after the big jump a mile away right now.
I would love any input on this.
Is this one of those metaphors where you are referring to ATRN the way it was last year as a female or something...WHAT THE HELL DOES THIS HAVE TO DO WITH ATRN...SOMEBODY PLEASE JUST GIVE ME A PERCENTAGE CHANCE THAT ATRN WILL HIT 30 CENTS BY FEB 24TH I COULD REALLY USE IT.
NEWB QUESTION: How is the sale of their building good news and not a sign they are going into bankruptcy soon?
It doesn't matter what your race is we are all brothers here on the money train. NOTHING STOPS THE MONEY TRAIN. www.youtube.com/watch?v=yJm22pdI57c
THIS IS WHY ATRN IS A MONSTER! I know we can all do math here, but I just wanted to point this out, because I was thinking about how sick this is. When ATRN was 0.008, if someone bought in with $5000 (which I had at the time to buy in with but was not yet aware of this stock) it would have bought around 625,000 shares (not really thinking about the fees, which would be worth $68,750 right now. DEAR GOD!!!!!!!!!!!!!!!
I am not a veteran trader. I am investing money I can't afford to lose and I have invested it all in ATRN. I also have already made plans for my earnings. I plan on buying a house outright, buying a mint condition 1995 Corvette with less than 48,000 miles and throwing an ATRN fourth of July party on the top of the Empire State building.
SHORT SQUEEZE!!!!!!! SHORT SQUEEZE!!!!!!! ATRN SHORT SQUEEZE!!!!!! BRING IT!!!!!!!!!!
I LOVE HAVING A SEAT ON THIS MONEY TRAIN. I've been here since .03 but I sold half my shares at .062 trying to be a savvy trader and ended up having to buy back in at .086 because I can't imagine with all the buzz and confidence surrounding this stock the dips would last long enough to capitalize on at this point, I am a newb, but I believe you old timers refer to this as levels of resistance. I have also learned the hard way to stop checking the all or none button on my limit orders with this particular type of stock.
HERE IS A FUN QUESTION. If ATRN jumped to $1.00 tomorrow, what type of car would you buy on Saturday?
IT'S OK. I AM A POKER PLAYER.
Pardon my ignorance but if a merger happens, and I ask this even after reading the post about ATRN's legal terms in the chance of a merger, but if one happens what exactly happens to the value of my investment? In laymen's terms UP, DOWN OR GONE?
GREAT ADVICE, but it's too late I already did it and got it back out. Now the Question is do I buy back in and I guess you answered that.
I wish I had sold when ATRN was at 0.09. I just recently sold half my shares when it was at 0.062 I'm hoping that it drops down at least to .054 so I can buy back in, but if it could drop down lower that would be great...does anyone think it might happen? I am just a newb betting with my life savings so be brutal please.