Current holdings...new trading opportunities

My current holdings include:

AVR...Bought 610 shares @.77 on 01/02....my reasoning is that oil prices started to climb up which should make ethanol stocks more valuable and thought that they would continue upward. I was wrong as oil prices have retreated downward again. The stock price has dropped to .46 as of 01/30. I will continue to hold as I still believe there will be an ethanol boom because oil prices will go higher. I might buy more to dollar cost average this stock to make the most out of this potential ethanol blast.

CBAI...Bought 7000 shares @.014 on 01/30....this stock has rocketed up from .002 all the way to .025 then settling back down .0151 as of 01/30 market close. So I am up a little on this one. This is a stem cell play from all of this stem cell hype that has been on the news lately. This is my quick flip of the week and am holding this over the weekend to see what happens on Mon.

MYNG...Bought 45,500 shares @.002 on 01/30...this is a potential hot gold play. Volume has picked up as well as message board hype. The stock closed at .002. We will see if this gets some attention and take off.

Update on Penny Stock Trading....Lesson Learned

It has been an interesting past couple of months. I know I haven't made a blog post in quite sometime now but have been extremely busy with school, work, and many other distractions.
When I started this website, I intended for this to be like a stock trading journal as well as a learning experience for me. I have learned so much from trading penny stocks, reading other traders blogs, as well as keeping on eye on the current economy. Trying to turn my $600 tax rebate check into $6000 is much harder than anticipated. With SEC regulations putting a strangle hold on day trading for us low income college students, it is almost impossible to reach that goal with such a small amount of capital. I started off with $600 and climbed to about roughly $1300 and then back down to around $400. This made me realize that with the restrictions of the Pattern Day Trader rule, along with such a little account to start, I would not be able to trade like I want to. So now I have a new challenge I am putting on myself. The challenge is to get to $25,000 so I can trade as freely as I want. Unless the SEC changes the rules for us, this is what we have to do. I will post every trade on this website and It will be backed up by Covestor. So every paycheck I will put a little more in my Zecco account. I have learned alot from this whole experience and now think I am ready to start climbing to my goal to reach $25,000 and on my way to my career as a full time day trader. This is my dream and I will get there. This I promise.