Replies to post #14 on freebies reply here to gail's .0001-.0002 flippers

[gemmerling]

I haven't really added the money up but I will try. I always buy 400k shares of each .0001

Total buy cost for each stock is 44.95 (40 + 4.95 commission)

My sell cost is about 10 dollars (4.95 to around 5 dollars in sellers fees)

70 (sell price) - 44.95 (buy price) = 25 profit per trade

Now the adding...


Bought XXIS .0001 sold .0002 - 25 profit In XXIS again at .0001 stuck for a few months so far.

Bought SPZI (gail's pick) .0001 sold .0002 25 profit

Bought TCLT (gail's pick) .0001 and sold .0002 twice 50 profit

Bought TRKB .0001 sold .0002 25 profit - Bought TRKB again it got halted and may have a total lose in it.

Bought MTPW (gail's pick) .0001 55 dollar loss - It reverse split (now MTPR) and I had a total loss.

Bought BCND .0001 sold .0002 25 profit

Looks like I am up 95 dollars so far.

[powerade1]

the most important thing is patience with .0001 stocks......sometimes it takes 3 days to get filled at .0001 and then u can wait weeks for 2s...... best advice is patience and also dont invest what you cant lose......you should know going into this you have the possibiilty of losing the 25.......in fact its probably about 60/40 ratio, but at the same time, with patience and getting 1s and then selling at 2s, money can be made