Bought 2,300,000 shares of MGLG @.0005

I put in an order @.0004 for about an hour to try and fish for a lower price but never executed. There has been nothing but buying on this one this morning so I had to get in. There is speculation regarding a PR to come out soon so I don't want to miss the boat. LETS GO!!!

Bought 2,212,500 shares of IMJX @.0004

What a CRAZY week in the market for me

Wow, where do I begin. I guess I will start with the fact that I sold all my positions except AVRNQ, which is my bankruptcy/recovery play and EVFL. I wanted to start out fresh with a new strategy after I almost lost about 40% of my total trading account. I made one of the smartest trades as well as one of the dumbest trades I have made in a long time. I usually post my trades when I make them but have been so busy and just haven't had time to do that with work and moving back to Gainesville to finish UF. I will continue to post real time trades unless otherwise stated.

The following are my executed trades that haven't been posted yet:

08/21/2009 2:23 PM

Bought
5000000EVFL@$0.0001
$-504.50
Executed
08/20/2009 2:15 PM
Sold
96213SYMW@$0.0016
$149.4308
Executed
08/19/2009 1:13 PM
Sold
27777MFLI@$0.0085
$236.1045
Executed
08/19/2009 1:13 PM
Sold
5000MFLI@$0.0085
$42.50
Executed
08/19/2009 11:32 AM
Sold
31000SYMW@$0.0016
$45.09
Executed
08/19/2009 11:32 AM
Sold
75787SYMW@$0.0016
$121.2592
Executed
08/19/2009 11:23 AM
Sold
1900MFLI@$0.0085
$11.64
Executed
08/19/2009 10:02 AM
Sold
120241ASFX@$0.0064
$765.0224
Executed
08/18/2009 11:14 AM
Sold
12622ASFX@$0.0015
$14.423
Executed
08/18/2009 11:14 AM
Sold
87378ASFX@$0.0015
$131.067
Executed
08/18/2009 10:22 AM
Bought
172000SYMW@$0.002
$-348.50
Executed
08/17/2009 10:15 AM
Bought
34677MFLI@$0.0124
$-434.4948
Executed
08/14/2009 10:43 AM
Sold
25000ASFX@$0.002
$45.49
Executed
08/14/2009 10:05 AM
Sold
9622ASFX@$0.002
$14.734
Executed
08/14/2009 10:05 AM
Sold
190378ASFX@$0.002
$380.746
Executed
08/13/2009 11:12 AM
Sold
40777LDSR@$0.0087
$350.2499
Executed
08/12/2009 2:48 PM
Bought
40777LDSR@$0.009
$-371.493
Executed
08/11/2009 12:07 PM
Sold
19252ASFX@$0.0019
$32.0688
Executed
08/11/2009 12:07 PM
Sold
180748ASFX@$0.0019
$343.4212
Executed
08/07/2009 12:29 PM
Bought
207619ASFX@$0.0021
$-440.4999
Executed
08/04/2009 11:09 AM
Sold
388333BWNR@$0.0011
$427.1563
Executed
08/04/2009 10:44 AM
Sold
20000BWNR@$0.0012
$19.49
Executed
07/31/2009 1:25 PM
Bought
408333BWNR@$0.0012
$-494.4996
Executed
07/30/2009 11:10 AM
Bought
228000ASFX@$0.0022
$-506.10
Executed

This has got to be probably the most frustrated I have ever been. I called the ASFX PR momentum play and added to my position as I mentioned in my previous posts. The stock dipped down to around .0015 which triggered a sell off reaction by me to cut losses and leave a little ASFX position on the table. If I would have stayed the the course with my original plan I could have made a very nice $6000 profit. This is the kind of decisions that drive us pinky stock players crazy. I did however end up with roughly a $400 profit after all my ASFX trades which isn't bad but coulda woulda shoulda been so much more.

Well, on to the next set of players...as you can see, I bout some 5 million shares of EVFL @.0001. This volume is strait up insane. The ask was .0002 and the bid was at .0001. I figured that earnings will be released on the 28th and interest has picked up as proved by the volume. So I put in a buy @.0001 to see if it will execute and make a quick flip at around .0003-.0004 which looks promising. It executed after about a couple of hours. This goes to show you that you can get your buy orders filled at the bid if your patient. Also, take a look at this stock as pointed out to me by Timothy Sykes . The stock is JEDM. This stock is the epitome of a supernova. Just look at the Fridays chart on this one...

Monday will be very exciting as there are a lot of opportunities out there right now and the potential to make money off these pink sheet stocks is like never before. Good luck trading!

Bought 40,777 shares of LDSR (Landstar Inc.) @ .009

This is one crazy day with these penny stocks. ATNO is up over 600% today. Just imagine the profit you could have made. It goes to show you the potential you can make in the penny stock game. ASFX is doing absolutely nothing but holding onto support. Still waiting for this magical PR that could come at any time. LDSR had some great news about landing a military contract so I ll ride this wave up and cut my losses at around .008 if it trends back down.

Sold some of my ASFX position on lack of news

I sold 200,000 shares of ASFX due to the company keeping quiet. In my experience, its never good when companies don't keep shareholders updated on sales and other company updates. I had to do this as an insurance plan just in case this stock tanks. I still have a decent size of shares and will be ready to dump if the price loses support at around .0019.

Bought 207,619 more shares of ASFX @.0021

I added to my position on ASFX for a total of 645,241 shares. We had a nice bump yesterday but the price retraced to the previous level. This was probably due to a few big time flippers who tried to make a quick buck. I am still holding tight for some good news. My average level is around .0024. With a run to .001, I can make a nice profit. Lets go ASFX!!!