Trade Thread March-May

[savage1]

Here's one for you-swkj. I bought it at .045 about a week ago and it has already gone to around .13. They are into home building in places like Thailland.
I will probably sell some or all soon as I don't want to get too greedy, although some on the ragingbull.com forum are screaming that since it was $24 at one point, we should at least see see $1.00.
As usual, do you own dd before buying this or any other stock.

[savage1]

Profit taking has set in; its down to .11 I think I will try to sell if gets back to .12

[savage1]

I sold swkj at .122. I invested around $1200 and got back $3200;nifty profit for a week's work;its too bad its not always this easy.

[meaiken]

i just read almost every post here, and i have NO CLUE what the hell u guys are saying. Stocks seem confusing.

[savage1]

i just read almost every post here, and i have NO CLUE what the hell u guys are saying. Stocks seem confusing.

They are not confusing if you learn what they are all about.
I am sure that for someone who doesn't follow sports and/or gambling, pointspreads, straight bets, over/unders, teasers, parlays, buying points, money lines, run lines, action reverses, etc. are confusing also.

[meaiken]

They are not confusing if you learn what they are all about.
I am sure that for someone who doesn't follow sports and/or gambling, pointspreads, straight bets, over/unders, teasers, parlays, buying points, money lines, run lines, action reverses, etc. are confusing also.

I have always wanted to get involved with stocks, but do u need a lot of money to get started? How do u get started?

[savage1]

I have always wanted to get involved with stocks, but do u need a lot of money to get started? How do u get started?

Its too bad that wallstreet doesn't come around here any more;he could give you a better answer than I can.
You don't need a lot of money, but you might want to buy a basic book in a bookstore to find out how the market works and actually how to begin investing(someone in the Barnes and Noble Bookstore in Holyoke might be able to help you).
To clarify one thing, the kind of speculative stuff I buy and sell on this thread, most of it under $1.00, is NOT the way to make money in the longrun. Believe me I am WAY behind in penny stocks I have bought and sold over the years.
Most of my stocks now are invested in blue chips(safe stuff) and professionally managed.
Again, I defer to defer to wallstreet(where are you?) for a better and more direct answer.
GL

[meaiken]

Thanks savage,

I just got home from the ma ll, wish i read this be4 i went.

[savage1]

Thanks savage,

I just got home from the ma ll, wish i read this be4 i went.

There are plenty of other bookstores in the area;you can probably find a number of good books on the subject in all of them.
I wish I could advise you on which is the best, but I am really not sure as it has been a long time since I personally was ever in need of a stock market primer.
You might want to do a search on the internet with the key words beginners stock market books or primers or something along those lines;you can also order books as I am sure you know online, but as stated before. you would probably do better having someone knowledgeable in one of the bookstores help you.
Good luck and let me know how you make out.

[savage1]

I sold swkj at .122. I invested around $1200 and got back $3200;nifty profit for a week's work;its too bad its not always this easy.

This stock continues to be a gold mine. I bought a nice chunk just yesterday when it dipped to .062 and sold them today at .092. 48% profit in one day!!!
ps there are a lot of bashers and pumpers on the Raging Bull Chatboard on this one. This is the kind of a stock where you buy on dips and sell after quick profit-in short don't be too fearful or too greedy.

[savage1]

I am kicking myself for not buying more of this stock yesterday when it closed yesterday at .054 or so;today it is up .02 on new contracts.
Oh well, I can't complain;its been a nice ride so far.
ps I am going to put in a day order to buy some should it dip to .061.

[wallstreet]

Savage,

Glad to hear about the future wife saga..I read your updates from time to time.

What the hell is up with WLSF? It is turning into another CLN..I am down almost 50% on that dog..I should have pulled the plug long ago.

Let this be a lesson to others..I never trade BB stocks and this is why..there is no bottom for companies not listed..then can go to zero..and many do. Never again for me and I dont care how high ZZZYZ went because you are playing LOTTO with any BB stocks (outside ADRs that might be on the PK or BB)

Hope things are good..I lurk from time to time but dont see a ton of reason to post here anymore. You know where I hang out if you ever want to discuss things.

Take care!

[savage1]

Great to hear from you Wallstreet;I am disappointed with wlsf but retain hope(I guess I have to) that some day the product and hence stock price will be brought to fruition.
Its been so long, I actually forgot where you hangout(what website).
ps Who can argue with what you say about BB Stocks;that is precisely why 80% of my money is managed and in relatively safe stuff.
With a new wife about to arrive in the next few months, I sure don't want to take too many chances with the 80% money.

[savage1]

Wlsf has made a nice run in a few days from $.40 to around .63. I sure hope that at least some of you guys are at least looking at this stock-great feeling to have while on vacation to see a stock go up nicely on a percentage basis while on vacation when you have quite a few shares.