is enjoying the adventure after 50 years on the beach
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Years ago my brother who is a member of AA and speaks at meetings all over as he travels had a guy tell him about a penny stock "that can't miss". It was .04, we bought 50000 shares and ran it to .07 and thats where it stayed for another year or so then did a r/s, then took over another company and almost went BK a year later...one week it finally got back up to about what I paid for it and I sold my 285 shares, my brother kept his and now once a month he reminds me about it...FTK $28.
Add patience to your list of successful penny player tools. Which is why I like this type gambling over instant death type games like sports betting or casino betting. I like the long races...and never buy just a symbol but an idea i like... and never use margin or credit cards to play because then You are going to LOSE... maybe not this time but the next or the next and then its over.
When I was young hot shot commodity broker I got so good at day-trading copper and silver they invited me to NY to meet the head Silver trader for the firm. He was in his 60s and he not only handled our buiness but also many of the specialists on the NYSE who used commodities to move short term gains from one year to the next. We walked the silver pit together and the other traders bowed to this guy like a god... then we had lunch in his private club at his private table with a private phone link directly to the silver floor.
He said "I see that you are doing alot of day-trading for your clients and you've been pretty lucky but I'm telling you to change gears. In fact you need not send your orders thru the exchange just call me up and i'll book your trades and charge you regular commissions and you know what... within a year or less i'll have all your money."
When we got back to his office he was showing me his trading confirmations and I noticed some huge day trades...
"What's this? I asked.. "Looks like Day trades to me"' I added
He smiles and said "Those were rare exceptions to the rule"
"RIGHT" I answered.
Smoke
That's a pretty nice looking chart! How do you guys find this stuff? Its all flying today. Thanks
Smoke
Merci, Am I dreaming or is everything I hid under the mattress going up?
CNES WTVN INSQ
Tie me to the Mast, I'm sailing up the river MONEY... I've never been here before.. ITS SCARY!
Smoke
Tree ref Aurc; add to that many look for gold to cruise right on up to $700/oz and higher this year on its way to $4,000/oz eventually (in one guys respected opinion).
All these older sites are going to get re-worked and not just to get the gold. I found one deal where $105 million IFC funds where approved to revitalize several towns in Russia where unemployment was high due to closed mines.
I don't know that thats even possible today but if AURC got the gold they'll get the money IMO.
Smoke
I have a problem understanding the logic behind loaning a company money so they can grow their business then smashing the stock to virtually nothing (.003). Trying to hedge their loan I guess.
Smoke
AURC Great FIND Tree, Dream, West..., everyone.
I think I've been on the other side of deals like this once or twice... dump at .02 and see it at .20 three weeks later.
Smoke
Do they have an operating windfarm or just the site for one?
Ref AURC, The higher she goes the cheaper she looks.
Smoke
Thanks Dream machiners! You guys are the greatest. It didn't smoke or crackle just had been fading for some time then went black.
My son who talked me into buying it originally said it was shot last month when he visited. Said he tossed his.
I am back to using the original IBM monitor I stored 4 years ago. I feel much younger and its still works great at age 10.
Smoke
Sony Trinitron monitor 3 years old, screen went black, throw it away or repair?
Smoke
phyllo, the pats team that Denver walloped to 28/3 before the pats rallied to lose 28/20 is not the same team Denver is going to see this evening.
This Pats team absolutely destroyed Jacksonville here last week; there is no other way to described that game. I like Denver, they are tough but if they have been sitting on their buts for 2 weeks, they are going to run into a buzz-saw tonight.
Pats are razor sharp now with stronger pass defence. In mile high Denver, our field goal guy can score every kick-off!
Where's that guy in the wheelchair?
Smoke
WOW I'm kind of surprised the way they are hyping the Pats around Boston. I would think the lines the other way here.
Good Luck.
I stopped betting on games, hit 9 out of 10 on a parley card once, i'll never forget the look on that guy in the wheelchairs face as he paid me the money then ripped that card in 50 pieces.
Smoke
Whats the offical line on the Pats?
Smoke
I would don't want to earn monies based on the hardship of others.
I don't mind making money off the hardship of others if them others are SHORT.
Smoke
WTVN, My favorite charity. Talk about never having a good day, that WTVN MM deserves a break. They don't need a new website, or another PR; they need my idea.
Smoke
Dream Ref DWVS, I would like to thank you for this one. Would have also been thanking someone for uvih at .25 if i had bought it!
Smoke
Start small and build. But being right and sitting tight is the hardest thing to do IMO. As much as we live and die on these upticks and downticks, if you can do your homework as best as you can with these companies then compute some reasonable future price target.
Write it down along with your DD and believe it. When the bashers howl and the MM's try sucking your brains out, you can hold fast. Hang in there until you achieve your goal or the DD changes.
A book I liked stressed focusing on what you want and how to get it rather than what you lack and whom to blame.
Smoke
Rose Bowl replay tonight at 7 PM est on espn sports chanel for those of you that missed the last quarter (including me).
Also if you want to see WVU first quarter against Georgia in the Sugar Bowl its on this morning also. WVU scored 28 unanswered points and were running wild until their coach tried to get conservative and they almost lost this game.
Smoke
Nice to see PBLS greening up my penny portfolio. You know sometime after they sell off all the gravel, looks like they will have a good site for an 800 acre industrial park development if demand warrants it.
CD, Great win for you and Texas! I hate to admit I turned it off and missed the last 8 minutes. Couldn't believe the score this morning. Sold out too soon again.
Couldn't understand why the Texas guys were getting cramps, I think 5 or more starters were sitting on the bench by half time. Their trainer or cook nearly lost this game for them.
But it was a great Rose Bowl; I have never seen so much talent on the field at once.
Congrats.
Smoke
How big is this Murph pit? 170 miles is alot of stuff! I would think the CoE would be taking all they can get. 15 miles closer each way adds up when you running 24/7 and fighting the clock.
Smoke
For two months last winter I watched the Corp of Engineers dredging a new canal and rebuilding the beach at Padre Island just accross the road from our condo. They work 24/7 around the clock, rain or shine and they are amazing.
Fill trucks were backing out on a temporary road a 100 feet from shore dropping gravel, all day, all night. If you own the gravel pit, your going to be very happy.
Smoke
I think cleaning up this disputed liability implies they are serious about filing their financials in the near future. Otherwise they could have just ignored it and pumped something else like that new well or ProGas potential.
Smoke
Hope some of you guys watched WV silence the GA crowd last night.
I wouldn't have seen that until too late if Mike hadn't posted it. I believe the lesson here is MMs assume the worst when mgt creates an extra billion shares.
They probably have their reasons.
Smoke
Thanks Mike2112,
I believe that single thing reversed the trend. Thanks for posting it.
Smoke
IF PBLS now has about 600m o/s and IF this new sub has $190m in revenue then the rev/share will equal $.316 not counting anything from the gravel business.
I don't know of any company pink or listed that you can buy for 5% of their revenue. I thought the first PR had to be a typo, $190m rev purchased by a company with a mkt cap of about $1m sounds silly. However they keep throwing that number out as "audited sales" but I still can't believe it.
However if it is even half true you best hold on to your shares. PBLS (the construction/energy company) should be worth one times revenue whatever that is.
Smoke
Anything green would be interesting in my penny mortfolio.
Smoke
Thanks everyone for the help. I disabled hibernation, BT. I like simple solutions. I never had any problems with it when on dial up, just happens on wireless.
Smoke
Bruce, My new HP laptop with msft-xp has a nasty little quirk, it crashes ALWAYS after it tries to revive from hybernation when on wireless connection.
Then i get these messages like "recovery from a serious malfunction" etc. I usually have to go in a reset the defaults to get it back up. HP service chat people got me going around in circles. Any ideas?
Smoke
Ref WTVN going up soon. I'll second that idea. 50mil traded Friday... and it didn't go down! A WTVN first.
Good Luck
Smoke
Bear, KlICked again, TKO Too. Excellent calls,
I had my figer on the trigger to buy 4K MSFT premarket at $25 not that many days ago and couldn't pull the trigger.
I have been deeply depressed ever since watching it turn into the energizer bunny.
Smoke
Ref Your excellent scans,
What should dummies like me be looking for in these scans? Are we looking for lift offs, creep-offs or unusal activity?
For instance i've owned GWNI ( poker/gambling) for a long time with a loss, recently selling seem to exhaust itself and the stock is gradually creeping back. The company indicates better days ahead. So I took it off my sell list.
Smoke
Coy you sure got out of SNPD at the right time. Interesting PBLS and SNPD are equal but moving different directions. I also added PBLS yesterday morning at .022; GZFX busted loose also, but the rest of my pennies are crappin out. That doesn't usually happen until December.
Smoke
MCZ good one Bear!
Smoke
If anyone has level 11 on WTVN I would like to get the address of the MM that has been sucking up all this dumping. I would like to send him a thank you letter and suggest him for a medal.
I have never seen such a relentless dump Dump DUMP! It as if the golden greek can believe anyone is still bidding. Heck I can't believe anyone is still bidding.
Karachus on Krack WHAT-A-MAROON!
Smoke (D)
>>>The show attendees' are among the world's first
to see the company's new MastaScope(TM) being demonstrated first-hand.<<<
Don't suppose they brought some Reno showgirls over there to help in the demonstration. Whatever I'm long.
Smoke
yep, they took 100K at .02 and reduced it to 1666 at .005, but I got even and still holding 150K with a profit.
I think it could fly from here with any real deal contracts.
Smoke
Perhaps a footnote could have saved lots of grief for us. But they are pretty new at this filing game, I think we see a turnaround soon; the next quarter filing may come sooner than we think.
But WTFDIK?
But I did know GZFX and LBTN were buys last week, now if IGTN and MOBL turn up!
I would wait for the current quarter anyway. I have been lucky with this stock, but bought back too early today. But only half, still I figure they wouldn't have gone through this much trouble, if they were just bs-in everyone.
Who would buy their stock now?
I did. I bet the next filing looks better.
Very Nice Call on Blackfoot. Will the new company have 25mil outstanding?
Smoke