I would only hold onto Google if the short interest was high. Id definitely get rid of that and SIRI before summer when the market could tank.

SIRI may be topping at these levels. It will try to get over $8, but if it can't get over $8 I would sell it because its going to 6.70. If it breaks that, look out.

nice one PK,
i got in at $100, sold half at $200 a month+ ago
now waiting to sell the rest after Feb 1 and before Feb 14th

You do not know dick about the stock market. It does not amtter what exchange a company is on. ANY stock that is under $5.00 is considered a penny stock. A lot of profolio managers will not even look at a company that sells for less than $5.00 because theya re considered penny stocks.

I am telling all of you this guy does not know shit about the stock market and you will lose your ass if you go by his picks.

Yes I am.. but after today I'm seriously thinking about letting some of it go.

Watch out when playing the Pink Sheets/OTCBB lots of scams there.

Ha Ha!!!
 

Tell us why we should "look out" if it goes under $6.70?

MetaformX, I think there is a few people (inclucing myself) who want to hear what you have to say. Put the lawyer guy on ignore and go on with your thread, very interesting stuff. :D

Reason
 

Here is the reason this guy is going to list his picks. When he buys one of his penny stocks he is going to list it so then if you buy it the stock price will go up and that will mean he can get out of the stock with a profit. It is called "PUMPING".

This guy has a motive to post this garbage. Do not listen to anything he says.

90 days
 

Within 90 days this guy is going to lose money and if you take his advice you will be right with him. You have been warned. This guy does not know shit.

My portfolio has gone up 110% in the last 2 months.

Why the hell are you all over meta's ass? He just came on here offering some tips and picks and you immediately jump all over him. Why don't you chill and let him post some of his methods and specific picks before you rush to call him a fraud.

As far as the definition of a penny stock, the SEC defines it as you say, any stock under $5.00. However, most trading individuals, groups and organizations do not use that definition and set their own criteria based on being an otc or pk, under $1.00 or $2.00 or some use market cap criteria. Every penny stock group that I belong to classifies anything under $1 as a penny stock and this seems to be the prevailing definition amongst traders.

Here is why.
 

People are going to read this and think this guy is so great when in actuality he does not know dick and they are going to lose money. Most people try to get rich quick and if they read that this guy has made 210% in just two months they are going to buy what this guy recommends and they will get burned.

ALL institutional investors definition of a penny stock is any stock that trades under $5.00. It does not matter what exchange they are on. This under a $1.00 definition is bullshit. Anyone who has any knowledge in the stock market knows this to be a fact.

Man, you're trying your best to ruin what otherwise could be a constructive thread with lots of ideas. Just relax, I can assure he isn't a pumper and thats not his objective here. He's merely sharing his recent success and some methods that he is employing.

You've already been proven wrong on this one by mne and Slav. Stop beating a dead horse and just eat the crow already.

OMG. You are an idiot. I already told you, I will NOT post OTC stocks on here. Why do you keep mentioning the same thing over and over again?

And I don't even know why I am gonna answer this, but listen here Idiot, the picks I will be posting will all have a average daily volume of 1 million shares per day.

You think that an extra 10,000 shares by GFY'ers is gonna make a difference in the price? You are seriously an idiot man. I mean I have a big grin on my face typing this, just laughing at you and you supposed knowledge of the market.

Thanks Wolfy, I won't let this moron ruin the thread. He was amusing at first, but now he is getting boring, so soon I will put him on ignore.

Why the fuck are you so concerned with what people think of his posts? Again, he hasn't come in pumping or acting like a guru, he's simply sharing some of his recent success. Just sit back and don't be so damn close minded, we all have different ways of trading. If you can pick up one new idea then this thread will be beneficial.

As far as the defiinition of a penny stock, for you to say that "all" institutional investors classify it as under $5 tells me you don't trade pennies. Scroll down and read "Penny Stocks" http://www.investorguide.com/igustocktype.html

i agree with you here dude if he posts penny stocks.

When it comes to small caps and mid caps stocks, THE GFY reach os so tiny that his Pumping effect will be non existent.

everything one reads online must be taken with a grain of salt.
and doing your own research is ever more important.

Right, if I post a penny that does 30,000 shares per day, than someone can make the claim that I am trying to "pump". But I only pick liquid small caps, stocks that do at least 500,000 shares per day, most do 1-2 million. No amount of pumping will move a stock price in a liquid NASDAQ small cap.

But no matter how many times I will say I won't post OTC stocks, he keeps on saying the same thing like a broken record. It's like, dude, give it a break already.

As if I would put my reputation in this industry and my company's reputation on the line to pump stocks to GFY'ers. LoL. My main business is in adult, not the market.

I made this thread to help people, LawyersSuck. I mean as if I am selling something here? Have I tried to sell anything in this thread? What is the deal with you? Were you not held enough as a child?

Haha. Too funny. Just goes to show some people just want to create drama for no reason. Hell, they will create the reason just so they can start the fake drama.

Anyways, thats my LAST response to LawyersSuck (who is probably an Aliase for another GFYer)

The gfy reach would still have no effect on pennies either, if a penny is only doing 30k in volume its not moving much at all. This guy just seems to have something out for you, he just keeps repeating himself no matter what anyone says.

such crap

interesting analysis, how long have you been using this strategy?
Do you use any traditional valuation techniques, or is all your picks based on your charts?

great thread :thumbsup

Yeah. It's like, hey, buddy, come to terms with reality, I am doing this with no motive other than to get discussions going on the market and hopefully we can all make extra money. But watch him come into the thread again and keep saying the same thing "OTC this, OTC that"

We may all have to put him on ignore so he doesnt ruin the stock pick thread that I will start in a couple of days.

I've been utilizing this strategy for 4 months now. The first 2 months I was honing the technique and still figuring it out and I ended up with a total gain of 81% in 2 months. It should have been more, but I violated my 2% rule and ended up taking a 20% Loss on a volitile pharmeceutical stock. Lesson learned the hard way I guess. The last 2 months have been much better :)

I don't use any valuation techniques, except I do look at the short interest in some of the stocks. If the short interest (meaning the % of people who are short on a stock) is above 12%, thats a great sign if the stock is in an uptrend, because those shorts will start covering, therefore pushing the stock price up even more. Most everything I do is based on the charting. The chart is like a book, you just got to learn how to read it.

Let me know when you girls get back on topic and finish with what OTC means.

Okay, were back on topic. That guy was just the halftime show.

so are you going to start a dedicated thread, is this the dedicated thread.. You know what would be realy cool is if you could lock a thread so only you can post in it, and then link to a thread where people can reply, get off topic, hate, etc - so people like myself with an ounce of intelligence can pick through it and maybe learn something. I assume 11 pm eastern tonight is the kickoff?

I will start a dedicated thread, this is NOT it, but I will post the URL of that thread in here so you guys can find it. The thread everyone will be able to post in so they can ask questions and we can all discuss each stock and such, and if someone like LawyersSuck comes in there to try and ruin the thread, we will all just put them on ignore, so the thread will stay on topic.

I will start the thread either today or tomorow morning (basically as soon as I find a stock that is ready to pop)

I will post the picks in that thread in big orange letters, so if the thread gets big which I am sure it will since we will post there everyday, you guys can still sift through the thread and find the picks easily, and see what the entry points is, where you should sell it, etc.

Great idea.. always looking to swap tips and such. What are you playing with today?

Maybe you can setup a web page too for the daily picks.. that way we can avoid the clutter of a message board for the most important aspects. ;)

Nice thread! I'm trading very diffrently from your style. I started like everybody, trading in and out of stock, holding them maybe 1 or 2 months. Lost everyhting. Took a step back, and am back stronger than ever. I strongly believe in value investing. I'm also covering my losses using married puts/calls and leveraging my trades. I'm also moving in and out of asset classes like gold/real estate when times are right. My ultima goal would be a consistent 10% return/year. If can make this... I will be fucking rich! I've moved from day to month to year to decade trader ;-)

Thanks. Yeah, setting up a website might be an option down the line if there is alot of interest in it, and it doesnt become too time consuming (I still have to run my other little business :P)but for now the board would be a great place to swap ideas where everyone can join in and learn.

Today, I am playing with MWAV and EDEN. MWAV might be might pick for tomorow, for a quick 10% gain, but I have to do more research on it here.

Strobi, it's great to have a long term outlook like that. Our styles are very different, I do have a very high tolerance for risk where as your style does not. 10% per year consistently with minimal risk is excellent though, specially when you consider that the market can really throw some curves at you at times, such as the tech buble burst. Good luck.

Just read. Analyze. Do.

I hope noone's here gonna blindly follow all the tips from this topic and put the big money in the market with some strategy you've "seen on the internet"...

Good advice. :) Everyone should do their own research on the stocks I talk about. DO NOT just buy a stock because I say so.

So where is Todays thread? Or was all this just hype and bs last night?

I guess it was all a bunch of crap. :(

Lmfao!!!
 

Today, I am playing with MWAV and EDEN. MWAV might be might pick for tomorow, for a quick 10% gain, but I have to do more research on it here.[/QUOTE]


At 12:41 PM he lists two stocks that he is playing and of course they are both up today. In order to get any respect you have to list your picks BEFORE the market opens OR list the exact time you buy a stock and what price you paid.

I won $2.5 million on Virginia Tech last night. I took 6 1/2 points. I will tell you who I am betting on tonights usc/Okjlahoma game at 12:01 AM tomorrow.

Etrade pissed me off today. I havent bought stocks in a few months. I tried to transfer money from my bank account to them, and they wouldnt let me because my bank account wasn't "verified". How can it not be verified i fucking sent money that way in the past numerous of times!

I was gonna buy $10,000 of MCLD, its allready up 13% today...

Is ebay worth buying? I heard its stock should split again soon...

Your an absolute moron.

my above post was in regards to Lawyerssuck

Read what I said above, I said I will post the first thread either today or tomorow, so it looks like ti will be tomorow.

Your delusional buddy. He asked me what stocks I was playing with, I gave him 2. I didn't say I made money in them or that I bought them before they went up or anything like that. Why do you assume so much? Anyways, I am done with you. Go find another thread.

No, in my opinion, stay away from Ebay right now. The chart is breaking down here, I think it's going to $106. If it breaks the $106 level, it will dip below $100.

You are a joke!!
 

Why is you did not post ANY stocks that are down today? The answer is you are trying to make yourself look good and most of these assholes are falling for it. Go ahead and post your picks BEFORE the market opens or give us the EXACT time you bought a particular stock and the price you paid. I am willing to bet you lose your ass.

Lmao!
 

What a shock. Ebay was down today so of course you write it is not a buy. You are a fucking joke.

Now tell all of us if SIRI goes down to $6.80 it will go way down. This is what you wrote yesterday.

This is what I have been planning to do in the first place you dimwit. I keep not wanting to respond to you, but I can not stand by and let your stupidity go unchallenged. I have a sweet spot for morons I guess.