I have not been able to do much trading with classes going on. It has kept me pretty busy. Whenever I get free time I am always looking at new plays and seeing what everyone is talking about. I absolutely love reading all of the message board hype. They are filled with bashers and pumpers just littering the boards with false promises of these penny stocks "blasting off" and 'going to da moon". Its really very entertaining and funny to read. Every once in a while I discover a penny stock that just truly amazes me. An example of this would be CDIV. This stock is very impressive. Just look at this 2 month chart:
You can really see the potential a penny stock has. If you look at my older posts you can see where I made a play on this same stock around a couple of cents. Just imagine how much I would have made if I were to have held on to this one. Coulda woulda shoulda right....well, for fun lets just see how much I would have made. I bought 11,000 shares at .038 on June 11th, 2009 which I paid $418 plus commissions. If I would have gone into a coma and woke up today :), my $418 trade would have turned into $6,270...and people say that there is no potential in penny stocks. This doesn't even compare to how much I COULDA made on the ASFX trade. Well, Ill land a big one eventually and will buy that island I have been eyeing for so long. Wishful thinking huh. Wait and see. :)
As I wonder off to dream land, keep your eyes on a few hot stocks that are volatile as ever. These penny plays are EVFN, GRNE, pihn, PPJE, GERS.
Good luck trading Guys!!!
Posts
5 comments:
Nice, but you might want to take a look at Nanologix, NNLX.PK. This, in my personal opinion, is NOT your quick buck type trade although it has doubled in the last few weeks!
It was 8 cents/share Jan 2009, Jan 2010 at 48 cents for a nice 500% gain if you bought and held.
Today it traded as high as $1.02, closed at 96 cents, for a 100% increase only in 2010.
Why the increase? The company has patents on new rapid diagnostic petrie dish technology, vetted by multi-billion company Battelle Org, and is just NOW finishing building their manufacturing facility. Video and pics of this are available on the yahoo message board, etc so it IS REAL and NOT some pinkie pump and dump.
Take good care;
PDE
I read your post . it was amazing.Your thought process is wonderful.The way you tell about things is awesome. They are inspiring and helpful.Thanks for sharing your information and views.
share tips
I greatly enjoyed looking through your blog and found an informative one for finance related topics.
Really a very good information that will be so helpful.
ENTB
Really, Well written.. Thanks for sharing this information.
http://www.stockprofessors.com/
Post a Comment