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Re: KingDiamond post# 8934

Monday, 01/12/2004 10:30:47 PM

Monday, January 12, 2004 10:30:47 PM

Post# of 29858
Well King- I am not an analyst so my recommendations are not as valued. Lets just say that NSDM is under 5% and greater than 1% of my portfolio. I am looking to make money on a mover. Look at GLBT (IDNW).. I was not monitoring that one but caught it at .031 (on the day when it started at .013) - it went as high as mid .20s and now back at .12.. I had 200k shares. I want to be able to spot a stock sub .05 and buy 1-2 million shares on a mover (like AGIS and others recently) that go up to .30- $1 so that I can make $300k- $1mm on the risk part of my portfolio). Some say that you can't make a million and I say that is B.S. yes.. if you do it right.

I have 3 trading methods:
1) is classic mixed portfolio of which NSDM is part of risk portion
2) Watch the news wires to catch breaking info fast.. like how I picked up GLBT (IDNW at the time) or AGIS.. and have up to $40k cash always available in my portfolio to catch those 1 day jobs like AGIS- that you get in sub .03 knowing that it will run to at least .15 - these seem to happen about 2-4 times per month.. I have been mirror trading (ie. no cash practicing when to get in and out of them- SNNW was an example of .01- went to .13 then back to .03 then up to .08 again).. so I am ready to play that way now.. - missed AGIS as I went for a walk and when back it was already .13 when I saw it.
3) Spot a winner- we all could work on this one like how Dan thought of the PPS exercise- we should look at best value/opportunities. Look at something like TASR- it was $3.50 in March 2003 now it just hit $105 in after hours today.
Sales went from $7 mill to $13 mill sept- Sept 03-04. But here is the thing, it had only 2.8 million shares outstanding (now 3.21) .. and only 50 mill authorized - but not used. Therefore, with earnings, market cap is now $331 mill based on all of these new sales announcements.- high PPS to EPS - even analyst consensus of $57 and up to $103.

Therefore, a mission could be one of 2- find something similar to TASR- low shares outstanding (and auth) with solid growth Q over Q- sales and EPS. to run for 1 year.

and second one is to find 1-5 penny stocks sub .05 that you monitor news ready to pounce - when anomalies show for value.. like GLBT (IDNW) showed low debt and over $120 mill in rev with market cap of under $10 mill - pretty obvious after that 10Q where the PPS was heading...

Anyone up for the challenge? if so please let me know posting either here as a reply to me or on spinbull.com