who cares nobody here is claiming that the otc
market has wonderful companies,we realise exactly
what is going on,we have been posting on silicon investors
and playing the pennies before you were even a member,we get it..
we understand the s-8's,we understand the floorless convertibles,we understand the offshore companies that can convert restricted to common,we even knew the convertible mm of choice,we even knew the mm of choice for shorting
stocks,we know about the promotions,we learned what mm's move stocks and kill them,we do get it..
heck i am on everyones mailing list,including short groups,
i make it a point to know,who ,what and where is going on
in the otc market....
it is in simple terms,a very simple system over time that repeats itself over and over again each day and the times of the day,you dont even have to be in your chair 4 hours of the day because it is that systematic....
that is what i call my due diligence...there are very few otc stocks that i dont know about..period...you assumed
that,i spent many hours reading filings,making calls on the 200 stocks i follow on my level 2 on a daily basis..
my phone bill is not 200 dollars a month because i
like to b.s all day...
i have stocks that everyday i can buy on the bid at .75
and sell on the ask at .79 3 times a week..period...does not need any postings,any hype...
as far as dollar amount spent,i dont spend more than 5 percent on any one stock,do not know where you came up with 3k,i am not a dreamer, i prefer stocks over a quarter honestly because they dont trade in .001 patterns and i usuually look for 20-30 percent movers each day that i can close out on each day..
every single day there is an otc stock that is going to move,period...in the last 6 weeks the numbers have been close to 15 stocks a day,i lowered my average that i made during the 2 years since april 2000 but i still made enough to stay an accredited trader and in the last 8 weeks things have been fantastic that i am backe to my pre april 2000 goals of what i want to make each day...as far as chasing my scan tools catch every single stock when it hits at a moving percentage of 3 percent...i dont miss much unless i already have a few that are just too enjoyable and i am in relax mode watching it...
nobody here is a stock guru,we all make mistakes and all buy losers,this is not college football,but using the same stop loss percentages(only difference you do it in your head and have to follow instead of alread having order in place)that you do on bigger board stocks..
i let my janus,fidelity and putnums mutual buy me big stocks and every year by trading destroys them,you enjoy
the big boards and i will keep pluggin away at my system,
and yes everytime a stock goes up 600percent i will still be amazed and it will still make me happy..
and more importantly guess what,it will not be the last time and it will happen again..
let's se HRCT,LRSY,VRA,CPLY were all more than 5 baggers in the last month alone..
hooray for the morons who trade pennies...
let alone the small doubles and triples..
IMDS,SIDT,COVD,STEH,TCAHE,TGLO,MPOW,SLGLF,DLGI,DTMG,
UNWR,SEIE,ROMN,OWENQ,DBBD,TALL,KAHI,TENF,PCSA,HLSH,ETLK,DAOU,EPHO,EYDY,NPCT,VDWB...
go morons!!!!!!!! |
