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hinkydink

01/27/11 11:53 PM

#32254 RE: hinkydink #32253

Time for rest. Gotta get upin the morning to make the tires that carry the GOLD. I wonder if any of PCFG's equipment runs Michelin tires? It would be cool to know I have a hand in the delivery process!

Lowjack

01/28/11 12:02 AM

#32255 RE: hinkydink #32253

patience is the key to successfull trading.

Example:

I have $10,000 I want to invest in XYZ corp. I never buy all at once so I dollar cost average in over a six month period usually starting after a selloff.

So 10,000/6 = 1,666 roughly. I would buy once a month for six straight months. Then I would wait a year so I am taxed at long term capital gains. If I still like the company by that time I can start trading around my core possition and build shares using the wash sale rule to my advantage by keeping my trades within the trading window.

nobody3

01/28/11 2:34 AM

#32262 RE: hinkydink #32253

that how you realy learn, do something and learn from it. but its ticky in the pennys because. a lot of them dont care about share holders and all they do is sell stock to make money.or they just lie to share holders pump and then dump shares then go bankrupt. if you find the ones that arnt crimial you can make a ton of money. if i rember right microsoft was once a pink sheet/octbb stock years ago. and people made a ton of money not just bill gates.