I have 22 consecutive profitable trades of 15% or better. How is this possible? Every day there are hundreds of stocks setting new highs, no matter what happens in the overall market. Many of these stocks are still at very reasonable valuations. Afraid of buying stocks at their highs? Think of it this way: a new high is really a future floor for companies with solid financial underpinnings. Quantitative momentum modeling makes it easy to identify stocks that can continue this upward momentum trend. Why does this happen? It's really very simple..ask me about what investors and cows have in common. I am $$$ MR. MARKET $$$. I AM HUGE!!! Bring me your finest meats and cheeses. You can join in on the fun. Register for free and you'll be able to post messages on this forum and also receive emails when $$$ MR. MARKET $$$ makes his own trades. ($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
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Sorry Spike, but picking sub $5 stocks is more about trying to win some contest than providing something useful to the group.....I don't concentrate on sub $10 let alone sub $5 stocks....Therefore, I am at a distinct disadvantage when someone picks a $2 stock and it drops 25 cents.....But I am too busy trying to make real money trading rather than win some contest....
Oooohhhh.... Now I see the light. I see the error of my ways. I have been sinning by buying low price stocks. I am not a serious investor. How will I ever be able to live with myself for profiting from trash stocks?
I must now go and repent...
Come on now fellas! We've all been here long enough to get past this kinda stuff. The $5 argument does not hold water. Everyone has the same chance to play any stock as long as it's not an OTC BB issue. I am the current points leader and I don't think I've ever (or rarely) played a stock under $5.... But I just might if I darn well want to.
Ski.... Put up a pick dude. That ain't like you man, You've never missed a POTW since I've been here.
Sorry Spike, but picking sub $5 stocks is more about trying to win some contest than providing something useful to the group.....I don't concentrate on sub $10 let alone sub $5 stocks....Therefore, I am at a distinct disadvantage when someone picks a $2 stock and it drops 25 cents.....But I am too busy trying to make real money trading rather than win some contest....
Jim.... I too have been trading since 1988, I was a Morgan Stanley customer and payed out the a$$ back (in the day) as well. Now I am now an Ameritrade Apex customer and I payed out around $35k last year in trade comissions and margin interest (and I happen to have a special deal with them). I trade to make money as you do.... But.... I also enjoy the simple competition here at the POTW. I'd really like you to continue to play as I think I can learn from you and perhaps you can pick up a stock tip or two yourself. How about it?
New-born:
An interesting pick. CERS has definitely been in a nose-dive since the February sell-off unexpectedly began.
This might turn out to be this week's winner.
I'm hot on a new one fellas.... This stock was discovered with an (expanded) VTP search last weekend. I'm buying it in real life.... It should be HUUUUGE!!!!
I'm hot on a new one fellas.... This stock was discovered with an (expanded) VTP search last weekend. I'm buying it in real life.... It should be HUUUUGE!!!!
JAH.... long
Ooooooohhhh....JAH. Nice one Lyehopper. Now we can see how effective the new expanded search option is.
Hopefully, I'll be coming back from Europe with some more ideas to help improve the VTP...
Some contestants whining about sub $5 stocks again I see.
Newsflash naysayers........shorting sub $5.00 stocks is real, it's goin' on every day, and it ain't no fancy, tricky, unrealistic thing to do. A decent broker like IB are all too happy for you to short sell stocks like ECR. There's no problem, no big deal.
Jim........not realistic?!? lol funny stuff. How long you been trading?? And have you ever traded with direct access brokers? Or maybe you've preferred retail your whole life....and lived in ignorance of the edge a good broker offers.
Shorting sub $5's is life dudes. And anyone in doubt about that needs to wake up and smell the roses. And, frankly, suggesting it's not realistic is simply displaying their own inexperience and ignorance.
I respect that some might not like the rule, IIC says shorting is against his religion, and I respect that.......but dudes, shorting is a reality, whether it's $3 or $103.
And I think the contest should be as close to reality as possible. Why should this competition be structured to favor people who prefer more expensive stocks? So they can be competitive? If yall can't be competitive on an open and level playing field, then give the game away and go cry to momma and tell her life ain't fair and you don't wanna play no more.
We all share the same rules, and share the same risk. And we all share the same reality. I love competition and success and will applaud anyone doing well.
Yet again I feel like flickin' foreheads!
I tried to short sell a small order of ECR today and could not. I guess my broker just plain out SUCKS. I called my mother and told her and she told me to just "suck it up" and stop cryin'.... Then I flicked my own forehead.... OUCH!.... Then I cussed out adman and ran him off the board.... I feel better.
SKIRACER!!!! COME BACK DUDE!!!!
I'll MAKE SPIKE GIVE YOU A DOUGHNUT IF YOU THROW UP A PICK!!!!jeje
YOU ARE TOO HUUUUGE TO LEAVE THE POTW LIKE THIS!!!!
I tried to short sell a small order of ECR today and could not. I guess my broker just plain out SUCKS. I called my mother and told her and she told me to just "suck it up" and stop cryin'.... Then I flicked my own forehead.... OUCH!.... Then I cussed out adman and ran him off the board.... I feel better.
SKIRACER!!!! COME BACK DUDE!!!!
I'll MAKE SPIKE GIVE YOU A DOUGHNUT IF YOU THROW UP A PICK!!!!jeje
YOU ARE TOO HUUUUGE TO LEAVE THE POTW LIKE THIS!!!!
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