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I have a half dozen or so dead dogs stuck in my portfolio so am not saying all my investments are perfect! I have learned the hard way that it's better to lose $20 instead of $500!
Yep. Cut my losses on this pile of poo, tomorrow I'll use the money to make more money... I flipped two others today for $1950 so my $19 loss on EEGI is just part of the cost of doing penny business. I'd rather lose the $19 than have $500 tied up doing nothing for months. I have a couple of those stuck in my portfolio as it is... Seeya on the next flip!!
This is a dead dog... I cut my losses and just ate my commissions... Happy to get out before it dilutes or continues on it's way to no ask/bid... Shame... Looked good when I bought it... On to the next flip!
(crickets chirping)
WGNR... On the fast track to nowhere...
(crickets chirping)
I have 3 shares... They need to get to $71 a share for me to liquidate and break even...
Let's go UNDT!!! UNDT to da MOON!!! WOOT!!!
I've been hearing rumors of rumors of rumors of news for close to 5 years now... BTDG is a dead, money-sucking, SCAM... Anyone actually buying into this is in for a lonnnnnnng hold until the next RS and their investment will suck almost as much as mine.
I'm actually thinking of having Scottrade just close it and send me my stock cert so I can hang it on the wall... I think it would look good hanging over the toilet in the bathroom!
Ahhhhh....
Just doubled my money... Picked up 30M last week, just said bubye to it... Not a bad play if I say so myself!!
Call your broker and ask them what procedure they have in place to write off dead stocks. That's the first place you should start.
If they can't help you, call around to different brokers and ask if they are willing to trade SYNJ. Open a minimal account there, transfer the stock, sell it, then close the account (or keep it if you want, having multiple trading accounts isn't really a bad thing).
Your accountant will then need your account statement showing your purchase date and price, then the statement with the sell date and price. They can take care of the capital loss filings from there.
I am not a CPA or accountant, this is just my best guess suggestion and the logical approach I would take.
Sanbrunobaby,
You will notice your pointed questions got answered with babbletalk... Be aware that on the penny boards, shills for pump and dumps are everywhere... Be VERY careful who you ask for advice and who you take advice from...
This stock is a pig, the CEO is useless, and the vast majority of the bagholders, er, I mean stockholders, are just hoping that sometime in their lifetime, this stock will tick up enough so they can liquidate at a break-even point. If you have already bought into BTDG, welcome to the bagholders club. If you haven't, move along, there seriously is nothing to see here...
I'm still here, I'm just too disgusted and pissed off at myself to post much...
I KNEW as soon as I saw Newbauer and Matousek's names pop up, I should have liquidated then and there... Instead I let quasi-favorable charts and forums fool me... Throw a two week offline vacation in the mix and a lot of my 30M shares are now worth squat... I can break even at 6 so have a standing AON sell order at that price...
I will NEVER EVER own another stock that Newbauer or Matousek are involved in... This makes three times I have been burned by their involvement... I'll convert my cash to coins and throw them off the Sunshine Skyway Bridge first! Would probably still get a better ROI than Newbauer/Matousek would give me!
I'm done now... (grumbling and kicking soapbox out of the way)
Make that two buyers at 0002... I'll be happy to pick up some more at that price!!
SBRH! To infinity and beyond! (Or at least 0067 by Christmas)
I've got my eye on it, too... We shall see...
Happy birthday, Mom!!
Give her some SBRH for a birthday present!
With my purchase average I'm still waaaay in the green, even at 4... My only REAL problem at this time is that my girlfriend is PO'd at me for not selling at 22... Every night she asks me what SBRH closed at, followed quickly by "the look", and the occasional "I told you so!"
Wish all my stock issues were that easy! LOL
I'm still holding because you and BOS are telling me to. You both keep twisting my arm! If this tanks, I'm blaming you two!! <wink> LOL
SBRH!!
What she said... I'm still hanging in here... Waiting... Waiting... Waiting...
Hey, if someone wants to buy, I've got 5M sitting on .0002 right now... PLEASE someone snap them up! They're a bargain at that price!!
SYNJ!! Skip da moon, we're going to infinity and beyond!!
Undecided on BBD$... Have looked but not convinced it's for me. Mucho DD still left to do on them. The one I had in mind is DKG$, which I have a minor stake in but now a rumor has come up that our buddy Jared is somehow involved.
If Jared or anything ESSO is involved, I'm not touching it...
As far as
I thought about that, too... Go visit the car lot and harass him... Or simply beat, er, entice him to refund my money...
Hmmmmm... Nice thought anyway!
EESO... To infinity and beyond!!
LOL I'm not even sure that would make our money back!
My big fear is that EESO is somehow connected to another play I'm working on right now. I've heard a rumble so am doing some really deep digging before laying out any more money. If Jared or EESO are in any way connected, RUN AWAY!!
ESSO... To infinity and beyond!!!
Your mileage, of course, may vary...
Any day closing in the green is a great day!! One tick, two ticks... Don't care how many ticks just so long as they are moving up!!
Everyone on the board have a nice Turkey Day and will see you on Friday!! Looking forward to closing the week in the green!!
SBRH!! .0067 by Christmas!
Naaa... I don't feel like I'm being censored... BOS just has a very matter-of-fact way of putting things. I'm a little softer on how I present things... He presents them like dropping an anvil on a coyote...
It's part of his charm!
I'm concerned about MN and am ready to throw a flag on the field... BOS isn't as concerned... No biggie, just different perspectives.
We'll all make money here as long as we keep our wits about us, hold off the panic, and keep up on the changing DD...
I....... don't think there's a P&D crew going on here. There are a number of us who have done our individual DD and have come to the same conclusion. Which is why I'm still holding long. I may not be as "rah rah" as BOS, CJ, and some others, but I'm still supporting SBRH 100% (ok, maybe 98%... LOL)
MN and his past financial exploits do concern me greatly, enough to raise a number of red flags, but the DD on SBRH is solid. I'm putting a microscope on Mark and will be reporting his every twitch, but otherwise I'm staying put until given a hard reason to do otherwise...
Roger on the warm and fuzzy. BUT... I do expect to be able to be comfortable with my trading! Same difference, different words...
MN may have a huge interest but the same could be said of MIK*, which is basically crap on stick... I believe he had a sizeable interest in EES*, which has been locked, frozen, sued, et al, out of existence... I haven't done any research on ADC* yet so not commenting on them. MN just doesn't have a very good track record at all.
I'm still holding long because I like all of the DD that has been presented and that that I've done on my own. I think, as you said, the pieces are coming together now, and I think we'll see some really nice profits here.
I'm just hoping that MN is a catalyst, not a monkey wrench...
I've been digging into Newbauer and the pies he has his fingers into and I am not impressed at all... Frankly, his involvement is starting to concern me. I lost a pantload of money in EES* and fortunately bailed and broke even on MIK* before having too much money involved. NONE of the companies that Newbauer has been involved with has done anything. They are all in the low triple zips and don't appear to be going anywhere. There are a couple that are chilled, one grey-sheeted... Pretty sorry-ass track record if you ask me...
The DD on SBRH all points to profits, but this back-office BS is starting to take away the warm and fuzzy...
SBRH!! Still holding for now...
Sweet! Thanks Etc!
I will have to say this about ALLP... At least they have proven themselves to not be just another pinky pump and dump shell... They do appear to at least have some sort of operating business going on.
My computer stays on 24/7, I'm just not always in front of it! LOL If I see any late breaking news, I'll put it on the coconut telegraph!
Have a good weekend!
I kinda thought that breaking 001 this week was a little aggressive... Although I did think we would close the week at 9...
Good weekend all! SBRH!
A dollar a share buyout... And I'm holding 30M shares... I REALLY like that idea!!
That would certainly be retiring in style!!
I noticed that... When did that happen??!!
I've been working 110% on another play and haven't been paying any real attention to SYNJ. Every morning I just look at my ScotTrade sidebar, see my SYNJ sell order still open, and move on to something more... profitable...
Short of me back-reading the board, anyone have any news they can fill me in on??
Thanks Doofen!!
Playing the pinkies, if you don't have it in value, make it up in volume!! Making $100 at a shot will make you money, but over how long? Making $500 to $1k at a shot... That's when it gets fun!!!
Making retirement money off of SBRH... Ahhhh... Looking forward to it...
Have a good evening all! I'm sliding on out!
Depends on how many shares they traded! I make a few thou a month doing quick flips... Buy 10M or 20M @ 1, as soon as it clears put in a sell order AON @ 2... Rinse and repeat... Yes, I have been bit in the ass a few times but overall I'm averaging 116% ROI over the past 3 years...
SBRH was supposed to be one of those quick flips but BOS put up enough (incredibly awesome) DD info that I decided to go long. (So if this craters, I'm blaming him! <grin>)
Go SBRH!!
<sheepishly raising hand>
I was about to bail... Had it hit 2, I would have liquidated... As it was, I had entered the sell order at 3, just never executed it...
Glad I waited it out one more day!!
SBRH!
Barchart still has SBRH at a 56% Strong Sell... I wonder if that's chasing some buyers off from the discount prices...
I had an order for 20M @ 2 and it didn't get touched. So I bought 10M @ 3 instead... Now holding 15M @ 1, 5M @ 2, 10M @ 3...
I could liquidate right now and walk away with green... I'm holding long for gold...
SBRH!
LOL You and me, both!! My girlfriend was PISSED that I didn't sell... The run up to 22 could have paid off our house but I'm holding long so we can pay off the house AND buy a new one!!
VERY happy to see it going back up, along with being able to pick up another 10M before it started!
SBRH!!
I'm still holding EESO... Bought it a few years back when it was on one of it's upswings... Back before I really knew how to do good DD... This and a couple other bonehead plays gave me a quick crash course on playing the penny's...
I'm just writing this off as a learning experience and hoping that one day it may get back up to .0042 so I can at least break even.
EESO!! To da moon!! (YMMV)