Stock Trading.. Any Thoughts On APPM?
 

http://finance.yahoo.com/q?s=APPM.PK

Its a pink sheet but seems to have had quite a bit of positive movement over the last few days, think its worth taking a gamble on buying 1000 or so shares?

I note its high was 0.91 on Thursday yet it is now back down to 0.89 so its a possible gapper candidate for Tuesday.

As i say, thoughts on this one? It could go either way being on the pinks.

Regards,

Lee

I wouldn't mess around with that. Very little volume means the spread will be huge and it really is a gamble.

I don?t buy much stock from small companies. Mainly I buy from our company and from the big guys. Unless I know the company, penny stocks are too dangerous for me.

Shouldnt have listened to you....

Id have made an extra $300 if i had a buy in this mornig at 930 :321GFY

Regards,

Lee

when are you going to pay your design bills???

To bad I wasn't up.. I'd have said to buy $10,000 if you could have...

When you buy pink sheets stocks you really need to read headlines and press releases and then try to find someone who is an analyst and is talking good about them.

This particular company just went through a restructuring management wise. The stock lost value when the restructuring was announced. The current rally is because one of the new managers is a trusted ex-partner of their new licensing deal in Europe. So investors are quite sure he is going to be able to get the deal and get them back into the black quickly.

With all of that info so readily available, it is a wonder why you didn't day trade it and tell GFY about it instead of ask about it. But I did say day trade. I would possibly leave my profit in there at 2pm... ie, buy $10000 in shares, make $3000, and then leave $3000 in shares in the company. Why? Because it is free money. You can do this again tomorrow and have a portfolio of stocks that cost you nothing.

I think this stock will eventually start a fast progression upwards but not until next year. Right now it will be rather slow. The future growth will depend heavely on their retail outlets doing year to year gains in sales.

Hey Lee,

I know this is off topic but have you been getting my emails and icq?

No i havent bud, i thought you'd been ignoring me LOL

Can you resend to admin @ redbagproductions.com please bro :thumbsup

Regards,

Lee

If I send your invoice to that address will you pay up?????????????????

$2500 down the drain... stock held... would have been an awesome day trading pick.

Let the Drama roll!

Yeah how annoying :(

Ah well, at least it could have some good momo for anyone that did buy in to it today, its to expensive for a pink right now, i may hold off until it drops back down to around the .60 mark and stock up a little.

Regards,

Lee

lol. Whos spamming my email with this stock now....

Is this how you found it Lee?

Haha.. nice one :thumbsup