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Bullshit!!
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To anyone who does not know. A penny stock is any stock that trades under $5.00. |
Bullshit!!!
I wait for an entry point, get in, then ride the uptrend untill there is a change in the chart, and I exit, usually for a 5-15% gain, and sometimes I get lucky and hit a 50% one, like I did with GIGM last month. :)[/QUOTE]
Here is a second penny stock you listed. I guess when you wrote you are not going to list penny stocks you lied. I am telling all of you do not trust this guy. He does not have a fucking clue on how to trade. |
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413,470,415 Volume. DAMN shit loads i dont remember last time i've seen such a huge volumes if ever whats the future for this stock ? |
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The stocks I mentioned, are OTC stocks, I mentioned them as examples. I am providing my service here for free, no catch, and my results speak for themselves, so I don't see what your getting your panties in a bunch about. You keep bringing up penny stock. Show me exactly my quote where I said "you can start trading PENNY STOCKS for $5000". Oh, and show you 20 stock I've traded that are not penny stocks? How about 23? DNDN WIN VISG VCLK TNH REMC MIPS MAGS IRGI IDBE NYFX GNA OTIV DAL CAL CHKP BPT ADSX AA SLR DISK CRGN LMIA Anything else I can for you? |
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slav, your right, if you got in the market about 3 months ago, you should have at least a 20% gain, which is pretty amazing for 3 months. The market has been going up good. The key toa good trader is one who makes money when the market goes up, and when it comes down. |
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GIGM for example is a nasdaq stock, NOT a penny stock. There are many nasdaq and NYSE stocks that are under $5, they are called SMALL CAP, not "penny stocks". Anything else you need a lesson on? I'll be happy to teach you. |
Here you go.
As far as your starting capital, I won't mention how much I trade with, it's a good amount, but I would recomend that you start out with at least $10,000, although since I trade low priced stocks (because they are the most volitaile) you can start out with as little as $5000 and still be able to grow that, although the more starting capital, the better. I use margin, but in order to use margin and you are classified as a day trader(you do 4+ trades per day), SEC rules mandate that you have a minumum of $25,000 in your account.
I guess you did recommend starting with at least $5000.00. I guess you did recommend trading penny stocks with that $5,000.00. Are you trying to suggest that someone can actually make money trading a $50.00 stock with just $5,000.00? You are a fucking fraud. Anyone who even thinks about following anything you pick is a fucking idiot. |
Go for it, I'm open for some new ideas.
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You do not know dick about stocks.
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You are providing a service that is free but you do not know dick about the stock market. |
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I am a fraud? haha. I own an adult business, it's not I came on here to sell crack you moron. I am offering my advice to anyone who wants it, and offering it for FREE. Do you understand that? And no, you don't buy $50 stocks with $5000 in capital. You buy $5 stocks. They do exist you know, and they are not called penny stocks. Hit me up on icq, I'll give you a lesson on how the market works. |
What? no Google? I got in on Google at $85 a share. Yummy!
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"Definitions of Penny stock: Stock that typically sells for less than $1 a share, although it may rise to as much as $10/share after the initial public offering, usually because of heavy promotion. All are traded OTC, many of them in the local markets of Denver, Vancouver, or Salt Lake City." http://www.google.com/search?hl=en&l...ne:Penny+stock |
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I have no idea how close I got to that, it's been two years - but I love those movies, both of em ;) Ben Affleck gave the best interview in the fucking world in that movie. :P "I'm a dinosaur around here, it's a damn good thing I'm good at what I do" |
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from webster penny stock " The stock of a small company not listed on a major exchange and traditionally selling at less than a dollar a share" http://answers.com/main/ntquery?s=penny+stock&gwp=8 |
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"there is always a sale made...... " |
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.
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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 |
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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. |
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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.
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Ha Ha!!!
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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
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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
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My portfolio has gone up 110% in the last 2 months.
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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.
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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. |
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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. |
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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 |
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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. |
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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. |
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