InvestorsHub Logo
icon url

littlejohn

07/31/13 9:29 PM

#1964 RE: blindman28 #1963

Easy bounce play because Amtrade had it restricted

to online buying...

Actually weaker bounce than the last 3 or 4 that

have bottomed without that big upside selling resistance...

You don't suck at investing because there is usually

a reason behind the restriction that leads to the

big gains on those restricted buy company bounces...

But it sems like watching money going down a toilet

when you can't play some big bouncers...LJ






icon url

10 bagger

08/01/13 9:33 AM

#1965 RE: blindman28 #1963

If I thought it's that easy I would of bought 10 Million.. It was a pure speck that if it wasn't so small I wouldn't of forgot to watch it and until KIK mentioned it I did'nt even realise that I had put some in my wife's account.. I saw it over $0.005 and hit the sell button.. I was only looking for a double for Dinner money.. But you could of bought all you wanted at $0.0018 so correct caution this time cost you..

It's like BNLB.. All that continually bitched about me holding it back are gone and I've sold almost 75% of my position a close to a double.. What I have left,, 260K will ride thru the day to day decision of making sales as it is now all in IRA's W/O worry about any tax on sales..

Stocks are no more than vehicles to ride and sometimes with stops along the way up or down there are definately are times to exit.. In most cases when trading small priced stocks Ave. Down is a mistake.. Small cap or micro/nano cap stocks are unforgiven when they change direction..

It could very well be that as the market continues to make new highs the down side risk increases and there should be a shift to more liquid stocks made by most investors trading those stocks with close stops to protect capitol..

As for me I will stay in stocks that I have traded for the past 40 years.. The month of July netted me a 16% return,, Not a double by far but on a portfolio of my size good enough.. BNLB,, SPCBF and CHMPF were the stars.. TOOT was the biggest losser.. Presently I like KLYG,, IWRGF,, XPLT,, VSTI,, ASNB,, CONX,, GLMB,, and QMCI.. As a group but picking 1 or 2 is nuts.. hank