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Yakoo752 said:
I play percentages so I tend to avoid penny stocks, too much volatility for my blood (.25 high and .01 low :| )
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By "play percentages" what exactly do you mean? Just percent gain and losses? I feel like an idiot for asking but might as well learn somethin.
 
Some people look at the stock and look at the dollar value

I look at percentages gained and lost - there are a couple other things I look at but that's the high end aspect of it

when 1 penny = a 10% loss, you can lose an incredible amount fast - on the flip side you can gain a whole lot too

If I own 10 shares of stock A valued at 100 and it loses .05 per share I've lost $.50
If I own 100 shares of stock B valued at 10 and it loses .05 per share I've lost $5
If I own 1000 shares of stock C valued at 1 and it loses .05 per share I've lost $50

my original investment is the same for all but with lower valued shares the volatility is more severe

now if you just want to learn the basics of investing penny stocks are great to learn because everything is magnified and you can risk way less money (barrier to entry is very low)
 
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Penny stocks can be a bitch to sell.
I was months one time trying to sell just $1500 I had in a stock trading between 5-10 cents. And I just wanted it gone to clean up my paperwork.
Don't expect you get out just because it reaches a price you like.
 
just following a hunch and holding..not trading. absolutely gambling.
 
If I had bought the pork bellies futures when I was told to 3 years ago, I would have made a killing. :cry
 
Blankpage said:
Thanks bro, so you gonna get rich and the rest of us left in the poorhouse :thumbdown

What ya holding, pork bellies?
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what I'm holding is down big time...still interested...bro?:nchantr
 
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it's a tough call for GPRO

If I bought in at the right amount I would hold until the Q4 call

I did buy in at the right price - how much do I sell though is the question
 
is the market today low or something?

this place, google, didn't show the full graph up to 2009 for SIRI when you click on "ALL".. so like I said, it was all hidden. They didn't want to show us all the data points :))
 
I use Fidelity.com, but thats my place, so I don't know if outsiders can access it, but they got more bells and whistles for their charts than I know what to with.
 
yep
12/11/2009 0.08 0.09 0.05 0.06

fwiw, you can download and sort historic on Yahoo too

I use fidelity as well but I use Yahoo for various quick things
 
Blankpage said:
It hit 12 cents a few days after I bought, I was cursing myself and thinking of dumping and cutting my losses.
Then John Maolne threw them a bone so I decided to ride it out.
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yep. follow the smart guy in the room...
 
Yakoo752 said:
yep
12/11/2009 0.08 0.09 0.05 0.06

fwiw, you can download and sort historic on Yahoo too

I use fidelity as well but I use Yahoo for various quick things
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yes..Yahoos interactive loads like lightning and makes it super easy and fast to see just exactly where I fucked up. Joy.
 
Yakoo752 said:
I use fidelity as well but I use Yahoo for various quick things
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For trading I use Schwab and TD, they have all the bells and whistles also but I don't want to log in every time just to check a stock quote or graph.

I liked MSN for quick stuff but they ain't the same as they used to be so yahoo now
 
if you are willing to spend

eSignal Premier Plus is AMAZING

I use Fidelity for a handful of things that I haven't figured out how to get eSignal to do it for me - and since my retirement accounts are managed through Fidelity I just keep it. (it's free.99)
 
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