Replies to post #22574 on CoreStream Energy, Inc. (fka ZLUS)

[impact58]

That's no way to start your trading career!

[big oil]

What are you using? A custodial account; thought you have to be at least 18?

[Prince Mishkin]

yeah, about that... I hope you arent playing with your "life savings" here... Penny stocks take a lot of trial and error and you will lose more often than you win regardless of how good a play may look. There is no such thing as a sure thing and even when there is literally no reason for the price of a company to be so low, that doesn't mean that the situation will correct itself. This is a market, it goes up and down and as far as stocks are concerned you are playing by far the MOST dangerous game there is with pennies/sub-pennies. I have seen folks make tens of thousands of dollars and lose it ALL in a matter of minutes. You won't find many plays better than this one out there as this is about as "safe" as it gets.

99% of stocks down here are fake, scams, inactive, b/s, or otherwise the worst decision in the investing world without good trading tools, lots of time, and lots of experience.

.08% are good plays that you must watch on a constant basis to make sure nothing goes wrong and that you flip at the right time

.02% are about as sure of anything you can get which is where ZLUS is right now. Problem is, stocks in this category take between one second and one year to play out, it all depends on the success of the company and how many people are watching. This is the only category I feel I can play without having to sit at my desk all day and watch the ticker.


You can NOT afford to be emotional in this game. You WILL lose money that cannot be made back. You WONT ever have a guarantee of profits. The second you get mad at something and sell off, you will be kicking yourself the next day when it goes up 1000%. The second you hold on to a stock because there isn't possibly a thing that could go wrong and the company promised rainbows and unicorns, you will be kicking yourself the next day when it is suspended because the company is actually fake.

I'm not saying stay invested here, I'm saying you're off to a bad start with you're attitude. When I first started out, I lost thousands, literally. After a while I started to get used to market patterns, charts, and different plays, but the thing I found most helpful was stalking the successful members around. These are the people who have been doing this for a long time. Many have their own boards where they post their plays and their DD for all to see and follow, some hardly say anything at all but when they do, you can be sure it will win.

Don't let your emotions get the best of you because playing this market is like playing a casino, the house always wins unless you know how to count the cards. When you know what to look for, you can start to make money and nobody will kick you out. Until then, they will take everything you have.


just some food for thought, anyone else agree/disagree?


I also thought you had to be at least 18 years old to open a brokerage account...?

[TradingCharts]

You would be better off at your age buying silver. And holding for a long time.

[DirtyDawg]

Your first mistake is listening or believing anyone on this Board or any other stock Board.

It is your responsibility for due diligence for when you buy and when you sell.

No one on this Board is your friend, and no one has your interest in mind.

I appreciated reading all the responses to Al-Nasdaq, but the best advice from me would be for him/her (age 16) not to read/participate in any stock Boards.

Scotch

[buccaneer1961]

hold! this is why,when your 18 youl be glad you did hold,the best thing for you to do here is to ride one of the mods coat tails ask advice,use your opinion as the final decision maker but dont sell now,youl only set a pattern for future trades until your empty

[art35]

AL-Nasdaq

Nice name ---nasdaq came into being in the late 60s-early 70s--mabe you did also---

But ,, a very successful investor wrote a book or two and he mentions that once you have decided and taken a position, don't sell out unless you are proven wrong---but only make your next addition to that position when the first position shows that you are right---provided you have more funds to add---

When you make a decision and establish a position---3 things can happen---it goes down,, it stays the same ,,, it goes up---so, 2 outta 3 are bad---If it is going up , it is doing what you want--don't sell a winner---sell losers----hold onto winners ---do not hold onto losers.

KAT* was a winner for a lot of us---but those still holding are holding a current loser---it may or may not become a winner again

ZLUS is a current winner----when and if it begins to act like KAT# then sell it and go to the side lines protecting your profit--

ZLUS could be a very long term winner---but you can sell it at .0041 and watch it go to .0061 and buy back in,, and watch it go back to .0051---and you will think all you can do is lose money--

Cheers
Art

[stervc]

Al-Nasdaq, with trying to help you…

I will give you some advice that might be contrary to what some have already shared here with ZLUS. I say you ”can” trust people here on the message boards, but to just always be cautious of everyone. You simply have to learn how to separate the wheat from the chaff for who you can trust. Know too that just because you trust someone within the penny stock world does not mean that they will always be right because it would probably be quite the contraire within the penny stock world. Too much is simply out of our control and this must first be understood.

Look at all of the great due diligence (DD) that has been provided here from many wise investors here just within the ZLUS forum alone. I hate to imagine where I would have been without them. There is so much that I have learn about the oil and gas industry just in this short time of reading the forum that it is unreal. Still, it is not enough to be considered an oil and gas guy, but it was enough for me to feel at peace with my investment here in ZLUS.

Often, within the penny stock world, many CEOs lie or things change as the odds are not in any of our favor that what we believe will happen, but sometimes they do. Still, whether they do or not, there is a difference between trading and investing on one hand and on another hand, they are one in the same. There is much I could say to explain key variables to make sense of it all (or at least what makes sense to me), but I would recommend reading the posts below:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39092516
http://www.sec.gov/investor/pubs/microcapstock.htm

In closing, understand, the more I know… the more I realize I don’t know. Always be willing to make changes to your style as time goes on because often… change is nothing more than growth. Listen to those that like you and those that don’t like you. Both will tell you things about yourself that you ”might” need to hear to make certain changes within yourself to continue growing. Don’t take the bad personal. No matter how hard you try, you will never be perfect.

v/r
Sterling

[mick]

any reinstated thoughts? something has to give here. marijuana insertion?