The Daily GFY INVESTMENT Thread. *BOOKMARK THIS* (Complete Info Inside)

[Furious_Male]

Originally Posted by Lawyerssuck

Don't talk down to you? I want you to understand this. Are you ready....















GO FUCK YOURSELF YOU PIECE OF SHIT!!!! I will talk down to you anytime I want you stupid mother fucker!!!

Broke you fast.

Don't have a stroke you stupid ass.

[Spunky]

Very intresting thread.. Day trading has always been an attractive possibility

[azguy]

Originally Posted by LeWeekend

Trading stocks are for pussies..
Real men trade forex ;)

[LeWeekend]

Trading stocks are for pussies..
Real men trade forex ;)

[Veterans Day]

Originally Posted by spunky

Very intresting thread.. Day trading has always been an attractive possibility

you will lose, 9 out of 10 lose thier shirt

[MetaformX]

Originally Posted by Furious_Male

Broke you fast.

Don't have a stroke you stupid ass.

Furious, I am glad to see that you are not getting too worked up over this guy. I have him figured out. He is a member of the small dick club. It's quite tragic realy, but if you think about it, eventually someone has to be born with a small dick, so he just got unlucky.

No one ever pays attention to him so he has to come on a message board and start disrespecting people so he can get people to pay attention to him. It's a sad way to live your life, but to each his own. Hopefully someday he can be relieved of his small man complex.

I pitty his family/girlfriend/wife/dog as although I cannot imagine the pain they are going through having to put up with such a imbocile. I consider myself lucky that I have only gotten a small glimpse into his pathetic life. To know this guy in real life would be utter torture. We should be thankfull everyday that we know him only through the often weird and unsatisfying cyberspace.

[Pornwizzard]

Originally Posted by MetaformX

I don't take 13% losses. I averaged down on VASO at 1.08 yesterday, making my average price per share $1.15. I'm almost at break even right now. Eat more crow please amateur. Thanks.



In case anyone else bought VASO yesterday (and did not sell based on a stop loss) I am not selling it just yet, it is consolidating here, and getting ready for another rally.

Averaging down on a stock that triggered your stop loss limit is not a good idea.. instead of cuting your losses, you put more on the stake because your mind just doesn't want to let go. You should really stick to the 2% stop loss rule because it's a good one. Also you shouldn't wait for the next day's open to sell. When -2% is hit just let go of it. There's plenty of other fish in the sea.

[Pornwizzard]

On the other hand it's easier to give advice than to follow it. I've been stuck in BGO for the past 3 days because I didn't want to let go when a stock I belived in didn't act as I predicted.

Metaformx: What do you think about BGO?

[hova]

very good post and thread!

[Lawyerssuck]

Originally Posted by mayday9

Averaging down on a stock that triggered your stop loss limit is not a good idea.. instead of cuting your losses, you put more on the stake because your mind just doesn't want to let go. You should really stick to the 2% stop loss rule because it's a good one. Also you shouldn't wait for the next day's open to sell. When -2% is hit just let go of it. There's plenty of other fish in the sea.

You have to understand that this guy does not have a clue on what he is doing. He puts up countless rules to follow and he breaks at least one everyday. He claims to make money on 4 of 5 stocks he buys but he is losing on every stock he has picked since he started this thread except one.

Look at his thoughts on VASO. He does not have a clue.

Remember, a broken clock is right twice a day so when he finally gets one right he will be thumping his chest and telling all of us on how great he is. Don't you notice that when he loses on a stock he has an excuse....I averaged down. He never mentioned he would average down after losing 2% until he was losing 13%. He never mentioned he would sell the next day if he was losing more than 2% until I called him on it. He claims he sells on the open the next day. Now that is beyond stupid.

[Lawyerssuck]

Originally Posted by mayday9

On the other hand it's easier to give advice than to follow it. I've been stuck in BGO for the past 3 days because I didn't want to let go when a stock I belived in didn't act as I predicted.

Metaformx: What do you think about BGO?

How can you possibly ask this guy for stock advice? If you are looking for reassurance you have come to the wrong place. Do not take any advice from this guy. You are making a huge mistake.

[Adulter]

Originally Posted by mayday9

What do you think about BGO?

Just buy some more...








I'm selling..

[Furious_Male]

Originally Posted by mayday9

Averaging down on a stock that triggered your stop loss limit is not a good idea.. instead of cuting your losses, you put more on the stake because your mind just doesn't want to let go. You should really stick to the 2% stop loss rule because it's a good one. Also you shouldn't wait for the next day's open to sell. When -2% is hit just let go of it. There's plenty of other fish in the sea.

Very good advise on the -2% rule. I mentioned this earlier as well. You may not want to hold any of these risky plays overnight.

[Furious_Male]

Lets add to this thread. How about a few short (not day), mid, and long term suggestions from you guys that really know your shit.

[Pornwizzard]

I'm in BGO, IAO, ALTI at the moment. Watching all of them closely (except BGO) with a stop loss near by

[Pornwizzard]

oh and I'm in STEM too, expecting 6.0 by sometime within the day

[MetaformX]

Originally Posted by MetaformX

I have got a fantastic gem. This is my top pick guys for tomorow and the coming week.

WARNING: THIS IS A NASDAQ STOCK, BUT IT IS UNDER $1. IT IS RISKY, SO UNDERSTAND THAT AND DO YOUR OWN RESEARCH.


01/06/05
***BCON***
CURRENT PRICE: $0.85
SHORT TERM UPSIDE: $1.05+

THIS STOCK IS FLAGGING, AND GETTING READY FOR ANOTHER RALLY TO TRY AND TAKE OUT ITS RECENT HIGH OF $1.05. THE STOCK HAS JUST BOUNCED OFF OF IT'S 50 DAY MOVING AVERAGE, THAT IS VERY BULLISH. I AM BUYING THIS TODAY AT $.85

Has anyone checked BCON today?
I posted it yesterday as my big pick, it was $.85. Right now it's $.94, up 13%. Did anyone else buy it yesterday??

[Pornwizzard]

expecting 2.5 on ALTI by tuesday, but hopefully sooner

[yuvalus]

expecting 37 on GIVN the next week

[MetaformX]

Originally Posted by mayday9

Averaging down on a stock that triggered your stop loss limit is not a good idea.. instead of cuting your losses, you put more on the stake because your mind just doesn't want to let go. You should really stick to the 2% stop loss rule because it's a good one. Also you shouldn't wait for the next day's open to sell. When -2% is hit just let go of it. There's plenty of other fish in the sea.

Ok, there is alot of confusion on my explanation of the 2% rule, and rightly so, because I didnt explain it very well. The 2% rule as stated here was for the sake of GFY mostly, because there is not that many seasoned traders here and I was afraid that epople would get themselves in trouble. I give myself a little more leeway on the stop losses because I feel I can control a bad trade and get out when I have to.

[Pornwizzard]

Originally Posted by yuvalus

expecting 37 on GIVN the next week

it might hit 36. depending on what the cause was to to bump it down on monday

[Pornwizzard]

exited STEM on the tight stop loss I had set

[MetaformX]

Originally Posted by mayday9

On the other hand it's easier to give advice than to follow it. I've been stuck in BGO for the past 3 days because I didn't want to let go when a stock I belived in didn't act as I predicted.

Metaformx: What do you think about BGO?

As far as BGO, it broke the 50 day MA near $3.20, and the 20 day MA is around $3, it's close to the 20 MA which is a good sign, and it looks like it's reversing the downside, but overall the short term technicals don't loo9k that good.

If you have it though, I would definetly hold as I believe gold will rally soon because I expect the market to hit a downturn and people will take their money out of the stock and put it into gold.. I just would not buy anymore at this point untill it gets up above the 50 MA.

[MetaformX]

Originally Posted by mayday9

expecting 2.5 on ALTI by tuesday, but hopefully sooner

ALTI looks good, it's going higher I believe! The nanogens have been beaten down a bit, so a rally might be due here.

[Pornwizzard]

I should have posted the price along with stock name earlier.. so, I bought ALTI at 2.36, it's now 2.46 and I'm selling at 2.5

[Pornwizzard]

done. my ALTI is gone.

edit: looks like I got out too soon

[Pornwizzard]

bought ARDM at 1,57 with stop loss at 1.54

[azguy]

Originally Posted by MetaformX

Has anyone checked BCON today?
I posted it yesterday as my big pick, it was $.85. Right now it's $.94, up 13%. Did anyone else buy it yesterday??

I jumped in last month at $.50

[Pornwizzard]

bought ACTU at 2.42, goal is to keep it till closing time and sell in the afterhours. Hoping it would follow the trend and go up to 2.5 at closing time. stop loss is at 2.37

[Hal]

Metaformx, when/if IN rallies what would you recommend selling at?

Best Regards,

Hans

[Pornwizzard]

sold ACTU with minor loss earlier, but rebuying it now before close. it will hopefully gap

[MetaformX]

Originally Posted by MetaformX

**DROOY**
CURRENT PRICE: 1.44
UPSIDE POTENTIAL: 1.80 IN THE SHORT TERM

Once every blue moon, I go around one of my own rules. This stock is one of those instances. This is a stock that is not in a uptrend. But this is a case where a clear bottom has been established based on the chart. There is tremendous support at 1.43, so it will most likely not go lower than that. It is testing the level right 1.43 right now and it just does not break below it! This would be a great buy here, as I believe it can only go up from these levels.**

DROOY is making a move. $1.57 right now.

[MetaformX]

Originally Posted by Hal

Metaformx, when/if IN rallies what would you recommend selling at?

Best Regards,

Hans

Hands, I did some research for you, I know a few others are interested in IN, so here is what I found:

Regarding my pick IN, EVERYONE READ:

apparently the acquisition of IN is almost complete and there is no more substantial news coming out on IN that would effect the stock price dramatically! I was under the impression that more news could come out before the acquisition is complete to move up the stock price, but the research I have done is not showing that.

IN was acquired by another company some time ago, and so if you are holding IN shares when the acquisition is fully complete, you will be given $2.06 per each share of IN that you hold. Now the current price of IN is $2.01, so you would get an extra 5 cents per share. In my opinion that is not worth it to hold the stock at this point! There is much more profitable plays out there, so I will be selling my IN shares today. A 5 cents gain is just not worth it, and it could be a while before you get that 5 cents extra per share!

[Jon]

Personally I regard the Stock Market as one giant form of gambling. It's the ultimate get rich quick scheme with the most risk and least amount of gains. Compare the stock market to Real Estate, people bank in real estate and when they research and invest, they still have loads of control over their initial investment, on top of which chances are pretty good that when they flip it, they'll make a very nice profit percentage from that "trade". But then again, I guess Real Estate is a whole 'nother ball game.

If you really wanted to get into the Stock Market, your best bet would be options. I know I may catch some flack for saying that, but options are one of the safest and quickest ways to make some cash in the market. Mutual Funds are for the patient people who don't like taking many risks. Day trading are for those with ADHD who wish that the work week could be extended by 25 more days of trading. Options are for those that want to gamble a little, but don't feel like taking day trader risks on their first day.

Hell, if you want to invest a few hundred bucks, go to an online poker room, and you'll have a much better chance at banking $1k in profit returns in one day there than in the market.

[Jon]

Ahh I forgot to add, the greatest way to invest in the market is in MY OPINION -- hedge funds. Of course you'll probably need to have over $1.5M or so liquid, and be banking in about $500k a year on income, but even so, some of them have fantastic returns. My dad did very well over the last three years with four different ones, and when I'm ready to part with my cash, I'll probably invest in one of them too.

[MetaformX]

1/07/05

***TKER***
CURRENT PRICE: 3.40
TKER JUST TOOK OUT ITS ALL TIME HIGH OF 3.41!! THIS BABY IS GOING HIGHER. MAYBE ALOT HIGHER. IT MIGHT BE A MOONSHOT, THIS CHART LOOKS AWSOME.

[Furious_Male]

It would be nice if the market closed up at least once this fucking year.

Im not really bothered by it but I am sure most of you noticed this trend. Open up close down. That can be exploited for a gain if your smart enough.

[Furious_Male]

Originally Posted by MetaformX

1/07/05

***TKER***
CURRENT PRICE: 3.40
TKER JUST TOOK OUT ITS ALL TIME HIGH OF 3.41!! THIS BABY IS GOING HIGHER. MAYBE ALOT HIGHER. IT MIGHT BE A MOONSHOT, THIS CHART LOOKS AWSOME.

That could hit or miss. Real new company. I dont like the 52 week low thats for sure

[MetaformX]

Originally Posted by Furious_Male

It would be nice if the market closed up at least once this fucking year.

Im not really bothered by it but I am sure most of you noticed this trend. Open up close down. That can be exploited for a gain if your smart enough.

Furious, the market is headed lower in my opinion as I posted in this thread yesterday if you want to check it out for some more of an explanation. We are heading into a new bear market. It is time to go short or go cash, but if you stay long, you must be very selective on the stocks you buy.

[MetaformX]

Originally Posted by Furious_Male

That could hit or miss. Real new company. I dont like the 52 week low thats for sure

LoL! Yeah, its a very new company and its very volitaile, which is why I like it

[Furious_Male]

Originally Posted by MetaformX

Furious, the market is headed lower in my opinion as I posted in this thread yesterday if you want to check it out for some more of an explanation. We are heading into a new bear market. It is time to go short or go cash, but if you stay long, you must be very selective on the stocks you buy.

Yes its looking that way. I have the stomach to go long with my current portfolio. It would just be nice to see an uptick. Good numbers as far as job rates etc. today and the market still falls at the end of the day.

[Lawyerssuck]

Originally Posted by MetaformX

Has anyone checked BCON today?
I posted it yesterday as my big pick, it was $.85. Right now it's $.94, up 13%. Did anyone else buy it yesterday??

I told all of you he would pump his chest out on something he picked that went up. He did not post any of his LOSERS!!!

Remember, he said he picks 4 out of 5 WINNERS!!

Here is his picks:

1) EDEN He paid $1.29. Closed at $1.19. LOST 7.75%

2) IN He paid 2.01. Closed at 2.01. EVEN. Not good for a person who claims he will hold a stock for 3-6 hours.

3) DROOY he paid $1.44. Closed at $1.54 INCREASE of 7%.

4) VASO He paid $1.25. Closed at $1.10. LOST 12%.

5) BCON He paid .85 Closed at .92 INCREASE of 8%

BCON is a penny stock and he wrote he would NEVER post a penny stock.

Now all of you tell me if he picks 4 out of 5 winners? If he put the same amount into every stock he lost money. Now he will tell us he put more into the winners than losers but I know he is full of shit.

I tried to warn all of you but some of you just did not listen and I know some of you lost money because of this fucking asshole.

USE YOUR BRAINS. Stay away from this asshole. He does not know shit about the stock market.

[Lawyerssuck]

Originally Posted by MetaformX

Furious, the market is headed lower in my opinion as I posted in this thread yesterday if you want to check it out for some more of an explanation. We are heading into a new bear market. It is time to go short or go cash, but if you stay long, you must be very selective on the stocks you buy.

Every fucking anaylyst on TV is predicting the market will go down. You try to come off as a know it all but you do not know shit.

[I Like Chocolate]

actually most think the market will go up. investors intelligence has bullish sentiment at record levels. most people have only 5% cash which is way too low in this environment

[Fred Quimby]

I got my series 7 and 63 over 13 years ago.

Anyone else?

[Lawyerssuck]

**VASO**
CURRENT PRICE: 1.23
UPSIDE POTENTIAL: 1.50 IN THE SHORT TERM
>>>THIS STOCK MUST GET OVER THE RESISTANCE LEVEL OF $1.25 BEFORE BUYING. I WILL NOT BUY THIS UNTILL IT GOES ABOVE $1.25!!! ONCE IT GOES TO $1.26 THOUGH, LOOK OUT<<<
__________________________________________________ _______________
LOOK OUT! The current price is $1.10. I guess people were supposed to look out because it went down you asshole.

Do not bother putting your picks up this week you asshole. You are only going to lose people on this board money because they are to dumb to realize you do not know what the fuck you are doing.

[Pornwizzard]

I'm in BGO, IAO, ACTU and PFE at the moment.. what are you guys holding today?

[Pornwizzard]

ACTU and IAO doing good today

[L0stMind]

Wow, lawyerssuck - why are you spending so much energy on this guy? And the best part is, is how rational you sound. hahaha.

If fools get parted from their cash, who cares?

Anyways, I personally enjoy reading about another persons stock trading strategy... even if it is something I wouldn't attempt myself.

[stevo]

I'm having a good day today...
LENF up 60%
UGHO up 37%

maybe i should be giving stock tips

Now i just got to worry about when to sell! Any advice?