jealouZ's Garage

[jealouZ]

Picked up 2,000 shares of CLWR @ 2.41 for my Roth.

[jealouZ]

I like RTK and GKK. I'm thinking the overall market may continue down a little, but I'd like to see the DOW hold 12,400. Next year, I expect a new all time high for all major indexes.

[jealouZ]

Looks like that trade worked out. How did you fare?

[The Night Stalker]

in LQMT at .29, looking to see a gap tomorrow and sell into that i own 3k shares, selling my other holdings at a small loss tomorow, going to bet a shit load in my next play i have lined up, hoping to make a double. then i'll have like 5k . keep doing it right i'll have 20k by then. from my 500 i started out this year..

i win alot more then i lose and when i win i win big and when i loss i cut them as soon as possible.

then theres those god damn pennies that turn 3,500 into 10,000 i swear to god i can find those bastards now, just need to buy them, atleast 1 or 2 of them a week. i want in on that shit.

[The Night Stalker]

the thing i hate most about us is.. how its always a rough ride for us to make money. we will always be in the red when we buy with patience we will get out with gains

sold USAT broke even now the homo runs. god damnit

ATYG- im down but with patience it should go soon.

[The Night Stalker]

man, my hopes of landing winners left and right didnt quite pan out, sold out of AFPW for a few ticks, sold another one and broke even, now im in ATYG again, made 160% recently, now i bet twice as much this time.

i advise you to pay for stockcharts it helps with these pennies. its not the best there but it helps

[jealouZ]

Options didnt' pan out. I prefer swing trading. I'm hoping I can get back in the game late this year. All my money is currently going into the house renovation so that we can refi into a 15 year mortgage near 3%.

[The Night Stalker]

AFPW- set to run big next week, my next play is going to set things straight... got a few gems in mind turn 5k into 30k or so.

[The Night Stalker]

after AFPW im gonna do it again and bet even more, ive got more plays in mind, turn 4-5k into 12k... do that a few times then gamble with less money and buy big boards as well..

i'll try to make the best choices possible and do this right.

[The Night Stalker]

made good money on ATYG from 0014 to 0034... im in AFPW now, doubled my bet, hope to nail this fucker here. im up 75 gay bucks, i want atleast 2-3k here, im in at 0012 with 850k.

[The Night Stalker]

hey man, how are options going with you?

i started the year with 500 and im at break even point, im in ATYG all or noone, i think this can run one day the float is right here.

[The Night Stalker]

AEN- god damnit i was in this faggot at .79 a few months sold at .69, runs to 2.35... 5 bucks in the future, fuck my life i wish i was dead.

[The Night Stalker]

WEBM- GSAT- higher highs coming

[The Night Stalker]

dej- the big run starts

[jealouZ]

I have a April JEF put. So basically im just patiently waiting for Jef to die.

[jealouZ]

All it takes is a couple of home runs to make up for many small losses.

[The Night Stalker]

augusta is famous now, he hit a few home runs recently

http://investorshub.advfn.com/boards/profilea.aspx?user=116525

[The Night Stalker]

any luck this week josh?

[The Night Stalker]

sort of, cant get too into it. nothing is easy

[jealouZ]

Have you been practicing options?

[The Night Stalker]

man, penny stocks are so gay, they all raise the A/S and dump, same with big board stocks, such BS

[The Night Stalker]

nothing in this gay life is easy, and yet some people know how to build money easily... such BS

[jealouZ]

Not sure. Im down about $1k. I was doing better when i would buy both sides. But I sold off my call protection on the Friday after Thanksgiving when the market failed to rally. I only have one option at the moment and it doesn't expire until April 2012.

[The Night Stalker]

ouch, kind of harsh... how do the businessman pull it off.... FML

[jealouZ]

Yes you lose 100% if you are wrong on your option.

[The Night Stalker]

I hear ya dude, the penny market is bullshit but their is a method to the madness and i still havent givin up.

tried to buy EGOC at .0009 i was real confident in that one, zecco wouldnt let me buy then it ran to .0058 not too long ago.

id like to learn more about options and trade them, i hear if your contract expires you lose 100% on that crap?

[jealouZ]

About a month ago. I spent all my money as a downpayment on the house, but I was missing the market. So I figured I'd take $1k cash and buy whatever the current penny stock scam was. UPB is one of the penny player's names I'll never forget so I went to his board and saw that he was only playing options. So I decided to get involved in the options trading and here I am for now. I haven't really had a lot of success. My couple big wins have covered up a lot of smaller losses.

[The Night Stalker]

hey josh, when did you first hear about otions? looks like alot of traders are switching to options since stocks are getting harder to make money for them.

[jealouZ]

IDK. I think $75 is too little. Mikey told me the same thing, but I'm pretty sure he trades with much more than that. I've done a few of $100 or less trades and I've never made enough to make it worth while. My best trade was turning $300 into $750. I think a good trade with real profit potential would require $200-$600. The biggest key is being able to get enough contracts. If the contract is trading at .30, it actually costs $30 to buy. So far it seems like you need to have at least 5 contracts to really make okay money, but 10 contracts to make good money. Once you get "in the money" for every dollar it drops you'll make about $100 a contract in profit. I'd prefer to make $1k per dollar vs. $500. imo

[jealouZ]

Week One Update

Weekly Gain/Loss: - $91

Overall Gain/Loss: - $91

[jealouZ]

Trade 15 (Buy to Open): 5 CAT Dec 11 75.00 Put @ .65

Cost: $320

[jealouZ]

Trade 14 (Buy to Open): 10 SPY Dec 11 $130.00 Call @ .11

Cost: $110

Small hedge against my puts.

[jealouZ]

Trade 13 (Buy to Open): 5 SLV 2 Dec 11 (W) $29.00 Put @ .32

Cost: $160

[jealouZ]

Trade 9 (Expire to Close): 10 JPM 25 Nov 11 (W) $30.00 Call @ .00

Value at close: $0

Profit/Loss: -$60

[jealouZ]

Trade 8 (Expire to Close): 10 SPY 25 Nov 11 (W) $120.00 Call @ .00

Value at close: $0

Profit/Loss: -$100

[jealouZ]

Trade 12 (Sell to Close: 10 SPY 25 Nov 11 (W) $118.00 Call @ .06

Value at Close: $60

Profit/Loss: -$50

[jealouZ]

Trade 12 (Buy to Open): 10 SPY 25 Nov 11 (W) $118.00 Call @ .11

Cost: $110

[jealouZ]

Trade 10 (Sell to Close): 5 SLV 2 Dec 11 (W) $29.00 Put @ .37

Value at close: $185

Profit/Loss: $45

[jealouZ]

Trade 11 (Buy to Open): 10 MS Dec 11 $16.00 Call @ .23

Cost: $230

[jealouZ]

Trade 10 (Buy to Open): 5 SLV 2 Dec 11 (W) $29.00 Put @ .28

Cost: $140

[jealouZ]

Trade 9 (Buy to Open): 10 JPM 25 Nov 11 (W) $30.00 Call @ .06

Cost: $60

Lotto betting on low volume up day on Friday.

[jealouZ]

Trade 8 (Buy to Open): 10 SPY 25 Nov 11 (W) $120.00 Call @ .10

Cost: $100

Lotto bet on Friday being a low volume up day after 5 straight days down on the S&P 500.

[jealouZ]

Trade 6 (Sell to Close): 5 GRPN Dec 11 $16.00 Put @ 1.50

Value at close: $750

Profit/Loss: $450

[jealouZ]

Trade 2 (Sell to Close): 10 BAC Dec 11 $5.00 Put .29

Value at close: $290

Profit/Loss: $140

[jealouZ]

Trade 4 (Sell to Close): 3 CRM 25 Nov 11 (W) $120.00 Call @ .10

Value at close: $10

Profit/Loss: -$35

[jealouZ]

Trade 3 (Sell to Close): 10 SLV 25 Nov 11 (W) $29.00 Put @ .07

Value at close: $70

Profit/Loss: -$200

[jealouZ]

Trade 7 (Buy to Open): 5 USO 2 Dec 11 (W) 36.00 Put @ .60

Cost: $300

[jealouZ]

Trade 6 (Buy to Open): 5 GRPN Dec 11 $16.00 Put @ .60

Cost: $300

[jealouZ]

Trade 5 (Expire to Close): 20 HPQ Nov 11 $21 Put @ .00

Value at close: $0

Profit/Loss: -$60

[jealouZ]

Trade 5 (Buy to Open): 20 HPQ Nov 11 (W) $21.00 Put @ .03

Cost: $60

LOTTO!!!!