Friday, July 31, 2009

Bought 408,333 shares of BWNR @.0012

I decided to use the rest of my buying power on another opportunity instead of buying more ASFX. The volume on BWNR has picked up again and see this as a nice quick flip before the end of the day. We shall see how this turns out.

Wednesday, July 29, 2009

Im going all in on ASFX!!!

So the stock I have been holding for almost a month now (ASFX) has idled and has started trading at a sideways movement. This is never good for the type of stocks I like to play. As I keep up with all these message board posters, I realize how many people have faith in this company. I don't know why people believe in these pinky stocks and end up falling in love with the company. I really just cant wait to dump all of my ASFX shares and move on. The interesting thing is that I see this stock end up rocketing up with good sales news about there no-touch thermometer because of the hype of swine flu. Its honestly a great product. So this is what I'm going to do. I just made a deposit into my Zecco account for $1000. As soon as my buying power updates in my trading account I am planning on buying ASFX at .002. Right now I have 209,622 shares. This will put me at roughly 710,000 shares if that price still exists when I buy it. If this stock hits a penny which should happen, that would put me at roughly a $5500 profit. This is a huge move for a struggling college student. I'm swinging big for a nice run. Lets see if my instincts hold up as I make a nice quick flip.
This is going to me my riskiest play I have ever done, but then again it takes money to make money.

Monday, July 20, 2009

Zecco Trading: Get $4.50 Stock Trades

Invest the smart way with Zecco Trading. Stock trades cost just $4.50. Get 10 free trades per month with a $25,000 balance or 25 trades/month. No account minimums or inactivity fees. Member FINRA/SIPC.

Wednesday, July 15, 2009

Being patient for once with my positions. Also a certain stock Im watching.


Usually I wouldn't be holding onto ASFX this long and would have dumped it, taken a small loss and moved on the next. My reasoning is because of all the message board chatter and IR guy communications about many PR's about to be released. The last time this company released a PR about increased sales this stock climbed up about 1000% percent. That's right, its not a typo, 1000% share price increase. The stock has since pulled back. I do see another run on this stock with some decent news being released. I will def. get out after the next bit of news. My exit point is at around .005-.006. If this stock drops below .002 then I will most likely cut my losses. Meanwhile, here is an interesting new stock that I'm watching-

BWNR-Brownstone Resources,This is a gold mining stock. I have been watching this company for about a year now. I thought it died but it has some life to it after all. Volume has increased big time on no news since April 20th. I'm not sure why this has taken off but check out the 5 day chart and see what I'm talking about. A nice PR about finding gold would set this one through the roof.

Wednesday, July 8, 2009

My June Results....could be so much better but learning as I go

The list below is all of my buy/sell executions for the month of June 2009.

06/29/2009 11:15 AMSold14130BEHL@$0.0074$100.052Executed
06/26/2009 10:45 AMSold31492GRGR@$0.008$251.926Executed
06/26/2009 10:26 AMSold20000GRGR@$0.008$160.00Executed
06/26/2009 09:55 AMSold10000GRGR@$0.008$80.00Executed
06/26/2009 09:47 AMSold1200GRGR@$0.008$9.60Executed
06/26/2009 09:41 AMSold3000GRGR@$0.008$19.49Executed
06/25/2009 09:50 AMBought65692GRGR@$0.0065$-431.498Executed
06/24/2009 12:51 PMSold24242WNBD@$0.018$431.836Executed
06/22/2009 10:40 AMBought14130BEHL@$0.0092$-134.496Executed





06/16/2009 10:00 AMBought24242WNBD@$0.0165$-404.493Executed
06/11/2009 3:36 PMSold11000CDIV@$0.076$831.47Executed
06/11/2009 09:51 AMBought11000CDIV@$0.038$-422.50Executed
06/05/2009 1:06 PMSold45833IGNT@$0.0022$100.8226Executed
06/05/2009 1:06 PMSold100000IGNT@$0.0022$220.00Executed
06/05/2009 12:59 PMSold50000IGNT@$0.0022$105.49Executed
06/04/2009 09:47 AMBought145833IGNT@$0.0024$-349.9992Executed
06/04/2009 09:47 AMBought50000IGNT@$0.0024$-124.50Executed
06/01/2009 10:31 AMSold38461GNTA@$0.0124$472.3964Executed
06/01/2009 09:30 AMBought38461GNTA@$0.013$-504.493Executed
My total profit after commissions for June is $411.11...roughly a 40% gain, not much at all but have learned a lot last month and I'm looking forward to a much better month in July.
I did not post my ASFX trade because I am still holding it....btw, it was up 45% yesterday...:)

Sunday, July 5, 2009

My June results are coming soon...

My stock trading results for the month of June 2009 will be posted soon. After every month I will make a post on my entire summary for that month profit/loss.

Latest College Penny Stock Comments