is...neophyte investor/trader
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What does L2 look like?
Thanks for the insight. I know that this is more "free wheeling" down here in the pennies. I am researching stocks that are on the exchange and other big boards as well. I just like to look at all areas including the riskier side of things.
I will, I like to ruminate on things a little and then ask after I have developed a hypothesis. If my idea is off base I adjust and move forward but like to work off of others advice when I have a least put in a little thought before hand. Thanks for your support.
It does help as I had been feeling like I was just jumping from point to point with no real direction. I had looked at bbda but with my current broker I wasn't able to get in last month and have not tried since. I am not really looking to have multiple accounts and not really looking to change right now. Thanks for the information. It will help me in developing a starting point. With a little practice I hope to get the hang of this.
Garyst-
How are things going? I have seen a few of your posts and notesd that you are going to be focusing more on nonpromo stocks. Any pointers on how to develop a true watch list? I am in a couple right now that I thought were good but am now questioning myself. I know that patience is required to a degree but am wondering what I can do to improve my odds and increase my returns without losing my mind with data overload.
lowpsycho
if that is the case I'm not going to do to well as I am averaged in @ .0015.
So in your opinion, is there any chance for a profit to be turned by anyone other than Dave and Company?
Not trying to be negative at this time. I see the potential in this company and have had a position for the past few months now. I am about tapped out for cash to add and am wondering why we would be taking off now? There has not been any major news and we are waiting for some spark. So my question is this what is going to be the catalyst that we need?
lowpsycho- DNAD
I am not doubting those that I have seen posting and working to get information on the board. It was just a statement. I have hit the ask a few times this week but not much seems to want to get this thing going. My statement was just that, an observation of what I would like nothing more or less, as this will be what it is and we work with what we have.
I am not here to see it run or flop just provide volume and go from there.
Phoenix-
I do not have PM at this time. Tryiing to see where this one is headed getting frustrating.
lowpsycho
I agree, as I am also in at.0011. Need to see it move upward, this churning is somewhat annoying let's move already.
As posted a moment ago sorry about sounding snarky. I am actually going to take tomorrow off from work to spend time with my family for the day before starting another long work week out of town. I know if I have a little patience things can pan out. I really appreciate your work and posts and am sorry for some of the attitudes you have to deal with as I have seen on other boards. I am still hanging on to BZRT and figure it will do what it does. Thanks again for your time and effort.
lowpsycho
Sorry if that sounded snarky. I have been working 60-70 hour weeks and have lost all filters.
lowpsycho
Not that it counts for much but I am still in PVTA as well looking for an exit though.
Thanks for the info. I am looking for a decent exit for now and might give it a go again later.
Silky and Garyst
Did either of you see the release from DGRI? I got in around the 7s and was wondering how far this might fall on the stock release.
lowpsycho
Thanks again for the board and the info. You and Gary have helped me get a footing on these things. :)
I am Alaska standard so not that late for me yet. The hard part for me is being up when market opens to try and guage things before work and then hanging on for the day. Market closes by lunch.
And I thought Gary was nocturnal. I was wondering if DGRI was worth a look and hopped in around the 7s hoping to make a little off of it. Thanks for the information.
lowpsycho
I just know that the link that was posted took me to the kidz rocket home page. So if it does not work for you I don't know what to say. RIght after the post said it was down I tried it and got the godaddy site, so watched a couple of commericials :) and then tried the link that was posted and it worked that time.
Your posted link takes a person right to the site, and it works.
Gary, sorry about my previous message stating the site was gone. I looked it up after a person posted it was down and the message said that the site had expired yesterday. They have since reactivated it. I do not want to spread mis information. In fact if you want or have the time you could delete the message so it does not throw anyone off and I had discovered my mistake too late to delte it myself as I am only on a free acoount for now.
lowpsycho
Thanks, Just checked the PVTA board. I think part of that discourse may also be due to the other play tanking and there nit being anything else to do but post their opinions. But that is just my opinion. Also wondering about BZRT. They released a PR on monday I believe and yet the website they had is no expired yesterday.
Don't know for sure as long as we are working on learning and figuring out how to trade I think we can bring ourselves to the board. At least that is the impression I have picked up from Gary. It is his board and he has helped me in making a few trading decisions and allowed me to "talk it through". Gary please correct me if I am wrong. The main thing is no bagging on others and looking to improve our trading correct?
Good night. thanks for allowing me to ramble.
off topic but are you nocturnal? you seem to post a lot late at at night. sorry if too personal, I almost as far west as you can go. Hawaii has me beat.
Will do!!
That's what I thought but figured it never hurts to check and see what others, who have experience, think.
Just wanted to say thanks for the encouragement as I am working through this and wanted to let you know I managed to sell the righ amount of TWWI yesterday to now be in with "free" shares. I like that concept right now since my pot is so small.
-lowpsycho
Gary-
Been reading this board and Silky's. I was wondering, on sub penny stocks do you approach them the same as bigger stocks or do you use a more condensed sort of time frame in making decisions?
lowpsycho
Thanks for the information. Here's a thought that I had kicking around in my head. As I am sure you know TWWI is up about 60-70%. If I sell about 65% of my shares at this level I would recoup my capital and trading costs and then the rest would be profit no matter what TWWI does from this point on. If it drops tomorrow then this is all a dream but would that be a good way to go for someone such as myself with a small amount of working capital?
Garyst-
Hope you had a good weekend. Quick question. How does one check the overall sentiment for a stock, not a promo, when the message boards either seem all out ecstasy or abysmal gloom?
lowpsycho
sounds good
Silky-
I am new to this and coming over from the newbie board per Garyst link post a few days back. I have been "lurking" around the board for few days and was wondering, how you would determine a good entry point for a stock like IMDS.
lowpsycho
thanks, I might give it a shot
The other thing to note is that $21 is three times more than the three trades total right before it. It appears most of the trades were at the .0037 range so why is anybody playing games with so few shares on either side? I am just asking as I am trying to figure out if I am interested in this stock or not. Not trying to be rude just new to the process.
ABOT
Thank you for your time and support in helping someone, such as myself, try and figure this out.
Ok, here comes a newbie question. Since I am new to trading and not wanting to be overwhelmed. How many stocks should a person be actively involved with as s/he is trading? Right now I have three BZRT (in @ .0505), small position in PVTA (just to try the promo in @ .54) and TWWI (in @ .oo11)from Silky's board. I don't know if that is too many or not. Any guidance is appreciated.
Ok, but for me this is a serious gut check. Especially since I missed the first run at TBX. Thanks again for your time and effort.