Saturday, July 16, 2011

Reading Volume.....

I didn't realize how important reading volume on a chart was. Today I watched a few videos and looked at some charts explaining the correlation between volume and PPS increases and decreases.... Good stuff.

ONTC~~Nice Chart! Can't wait to see what next week brings!

Well, I probably won't make any trades at least until Tuesday....but ONTC is being pumped heavy.....of course by a few 'questionable people" so anything could happen. I only have  60,000 shares and I bought them at .01 a while back, hoping to sell at .03 -.04. Months later, here we are at .0081 so we'll see what happens.

Friday, July 15, 2011

Glad I held on to ONTC

I decided not to sell anything today. I was really planning on selling ONTC, especially with even more questionable characters hopping aboard. It was just too nice out today and my co-workers and I decided to take it easy and do some bonding.

As it turns out, ONTC is supposed to have some nice things coming next week. I sure hope so. I've been burned by all this "awareness" anticipation before, but if ONTC is no joke, great things are to come.

Sold a few stocks yesterday....

I sold off PRPM, SLLN and AWYI. I'm holding ONTC still. I originally bought it for the long term. I may decide to stick it out. I can watch it today.

Anyway, here's a new snapshot. I'm down almost $300 from before. But, it'll be recouped.

 I am now looking at my Scottrade homepage. I have exactly 11 positions. DTSL, KNSC, AND SMVI are the stocks I'm looking to just sell and take a loss. KNSC will probably be the first to go. I'd rather take what little I can salvage than wait for it to go to no bid.

Then I have HESG, QEDN, and TLCV that I can't even sell.

Thursday, July 14, 2011

Hmmm....might have to bail on ONTC too

Looks like some more "questionable's" are showing interest in ONTC too. I really like ONTC and think there's good things to come in the future...but I'm up on it now and certain groups can really affect penny stocks in a positve and negative way.....we'll see what happens.

Maybe sell SLLN today?? EMXC - seems promising

I'm busy this AM at work, but I'm going to try to keep an eye on SLLN. I'm down, but it's nothing bearable especially since yesterday's green close.

I noticed some people on my "questionable character" list showing interest. They seem to be working together right now to feed off of each other and create that "BOOYAH" interest. The outcome could go either way depending on the goal.

On another note, I did some DD on EMXC yesterday. I like this stock. Seems like someone is accumulating shares like crazy. It would be a long term investment in my opinion though and I'm not looking for that right now. If I had more free cash flow, I'd grab shares for the ride.

Wednesday, July 13, 2011

Got killed by SLLN and other crappers!

So anyway, I tried to trade SLLN last week. Lost $400+. That's okay. It was a dump pick and I had been warned too. I had to leave for a couple of hours and BAM, the tides turned. No sweat. I will recover.

I have not traded at all since July 6th or 7th. I've just been watching videos and looking at chart patterns.
Also, I've been selling duds in my portfolio. I sold off MWWC, which I actually don't think is a dud, but I bought it a long time go and I only had 7700 shares anyway. I'm not interested in adding. I think people will be happy with MWWC though.

I sold MUTM (another POS I got stuck with). I'd rather just take what little is there than look at it any longer.

I sold off UNVC too. I already profited off of this, but kept some free shares. My mother lives near the supposed location of this place and I went to the location and it does not exist. Most pennies are scams anyway, but this pissed me off because I had hope. I should have old off long ago.

Lastly, I sold NNBP. I didn't have many shares to matter anyway. I'm sick of watching it spike 20% and drop after. It's a day traders dream. I don't have the cash flow to play around with this.

Tomorrow I am seriously thinking of selling AWYI. This weekend I read a lot about the company and read thru forums dated back a couple of years. I feel Dejavu into the abyss is in AWYI's future. I will lose money on this, but only about $100 if I exit ASAP.

I'm holding 8 other crappers in addition to these. 2 of them have been R/S to the point of worthlessness in my book.They'll never recover. I wonder if I can still rid them from my account??

Wednesday, July 6, 2011

Deposited $378.06 today.....

I made a deposit of $378.06 today in my Scottrade account to bring my settled funds to $450 an tomorrow the amount of $1457.88 will be settled and available. In total, I have deposited $814.69 of my own money.   Here's a snapshot.


Tuesday, July 5, 2011

This has nothing to do with stocks .... BUT

WOW! Really???? Casey Anthony - Not Guilty??  I busy at work today and  tuned in as soon as they said a verdict had been reached. I was wondering what her reaction would be when the GUILTY verdict was announced, but I guess not. This jury ... I don't even know what to say. They should probably lay low for awhile.

I wish the media wouldn't give Casey Anthony the time of day after this verdict. The way this world is, she'll be rich within months of her freedom.

Monday, July 4, 2011

ACYD and EMXC~~ Hmmm

I am really starting to like these two. ACYD has a nice website. Most pinky sites look very unprofessional. The management team has nice pics, bios, and credentials. What the company does is interesting too. They have a small float under 20 million. The AS is 115 million and the OS is about 37 million.

The PPS has been slowly and steadily going up too. I've been watching this stock since it was at .01. I was supposed to get in on Friday. I ended up playing GGRI though because I thought I'd see a quicker move up.
ACYD does appear to be trying to get current and show more transparencies.

Downside : It almost looks like it's being pumped. Too many stock boards have traders making manic comments about the company. There's also a lot of traders involved in "compensated awareness" popping up.

EMXC seems to have a lot of potential.  The issue I have with EMXC is that they dabble in multiple niche's.
I can't see a small company trying to take on all these different projects. I have to research more, but from what it looks like the share structure is ridiculous. Like I said, I see major potential for this company, but how will they get anything done while focusing on all of these divisions?

Regardless, both are getting a ton of attention. Maybe it could be enough for a run. Who knows?

Friday, July 1, 2011

24.12% Profit - $195.87 to be exact - I'll take it !

Today I decided to trade GGRI. I actually bought it on Thursday and held it overnight....eeek ( That's something I don't want to make a habit out of).Made out good with 24.12% profit. I ended up having to tend to other issues today, so I couldn't really watch the action. My plan was to play ACYD, but I really like this stock and it wouldn't be a short term trade  for me. I am contemplating adding a few bucks on Tuesday to just throw in ACYD. I don't know though. I have 3 days to ponder the thought.

I had $883.95 available. I used $812.01 to buy 6000 shares at .13, sold at .17 for $1007.88. $195.87 profit. I didn't lose money, so no complaints.