Georgia Bard's B.T.S. Investment Page
By Georgia Bard
"Trade what is comfortable for you, not what others say they
would do."
Personal: My name is Gary Swancey, I am known on line as
Ga Bard, which means I live in a small suburb 22 miles SE of
Atlanta , (Ga.) and I am a so called Poet = (Bard). I inherited
the name when I came on line almost 24+ months ago. I am
a divorced single parent with 3 grown children and custody
of my 8 yr. old daughter, which is the center of my life. I am
not rich by any measure what so ever nor do I have the
letters after my name to impress people that we have
intelligence. Basically just simple average guy.
Experience: My history in the stock market is numerous
loses over the years to the real world brokerage firms. I have
yet to date figured out how so many brokers can always
seem to pick a stock that inverts thus goes down in value
when it was suppose to go up. Regardless of the stock price
it still cost me 6% in and 6% out so the brokers could not
lose. I came on-line in August of 1996 and while learning my
lesson in the immoral emotional chat rooms, I was studying
how to invest. In January of this 1197 I invested $20,000.00
into a PCFN and began researching and trading. By the end
of March after following a few nice and well written investor
types, I was out $14,000.00 of my investment. Talk about
being totally devastated, I quit trading and began to
research all I could about researching stocks and most
importantly how to trade.
Learning: Knowing how to trade can basically overcome
poor picks. I have heard numerous horror stories like mine
while trading on-line. I for one am sick and tired of watching
investors coming on-line and getting nailed by all the vicious
tactics used on-line. Between the so called anti-gods of
intellect, territorial cyber bigots, short traders, day traders,
opportunists, etc. etc. etc. I have developed some simple
math systems by which to trade. These systems I am publicly
displaying because I do not want another investor to lose
money again. I know write a book. However, I feel if it has
worked for me and folks begin to use it then this system it
will be wide spread. If everyone used the BTS, I feel
shareholders could actually squeeze shorting and profit from
it. I know this is just a pipe dream but whether or not that
comes into a reality at least people can make money on the
people that try to that harm the market. I personally feel
shorting should be outlawed regardless.
Flock: I have discovered most people do not have the time or
energy to research. So they grab onto a shirt tail of a well
written savvy smooth talking investor type without ever
verifying one single piece of information on a company but
merely follow blindly. Look at all the CARTEL types now,
they merely pick a stock and buy then the group's buying
power raises a stock price. Then they go onto the threads
and hype the fire out of it drawing all the day traders,
opportunists, double dumpers, etc. MAN-O-MAN the stock
DOUBLES and these types immediately start bragging
wanting to attract a following. Then once the following buys
in they wait for the stall and sell the fire out of it while the
flock is buying in. The same power of buying going up
plunges a stock while naive investors are caught holding
stock at a priced at half what they gave for it. Not to
mention these naive investors have no idea even what the
company does. Many, many people has been burnt with this
scenario. I know a few that while posting positive were
actually selling or I discovered had sold out leaving the sheep
stranded. But welcome to the world of trust and a fool and
his money.
Warning Signs: "BUY BUY BUY!!!" or "We need new
money and buyers!!!" or "This one is going to rocket
tomorrow!!!" or "We have a short cornered!!!!" or
"SHORT SQUEEZE!!!" I can go on and on and on about
this. Do not judge the presentation understand the
information.
Evaluation: I prefer microcaps because even though they
are riskier, the pay off is very profitable. NASDAQ and Blue
chip are extremely slow going up and you can never spot a
fall also since they move so slow by the time you do notice it
falling it is too late. However, penny stock spike constantly,
so you want to be there at the bottom when it does. Then
using a simple system you begin trading effectively. Now the
system I have developed for myself is not one based around
GREED/FEAR but what it does do is give you a basis for
trading and a way of protecting your investment better than
just following on line GURU or a CARTEL. (BTW I HATE
MAFIA WORDS)
Objective: To continually try to educate myself and on-line
investors on the trading practices and tactics of OTC:BB
stocks based on research and facts instead of hype and
speculation. Establish guidelines so an investor maybe place
their greed in check thus reducing stress and constant
monitoring of their investments. These guidelines are for
your evaluation and consideration. Please be advised, Never,
ever buy or sell a stock based on what others say or do. Do
your homework, research a stock before buying in.
Research: I have the following steps I take since I restarted
trading in July again with my pitiful $6,000.00. NO longer do
I want to trap a short but I prefer to ride a short trader's
train. However I first want to see if the company has
potential growth and abilities to generate profit. As situations
arise, as with any stock, I develop a plan to protect myself
and I do the math so I win and make money. The following is
how I have decided to trade.
Step 1 - I do my own research by sorting the 6600 OTC
stocks
Step 2 - I data sort all of them looking for specific guidelines
I have set up. (Percentage of fall, volume, etc.)
Step 3 - I then research those that appear to be
undervalued, shorted or sleepers.
Step 4 - I check to find all information I can on line first to
see if making a phone is worth the money.
Step 5 - If I decide after I have researched it I like it I call
the company.
Step 6 - I take notes and then try to verify as much as
possible
Step 7 - I go to many sites and read but do not post, plus I go
to links posted, then decide what is hype or fact.
Step 8 - After I have read the thread I decide how much is
HYPE and how much is I decide to buy or pass.
Step 9 - Once I decide to buy I implement my trading
system, named BTS by a special line investor friend ... that I
truly adore and worship. How's that... LOL
Step 10 - I then decide at what point I wish to invest on it's
downward trend versus the stock value.
Step 11 - If it spikes then I merely wait for it to come back
down or stabilizes at it's present level.
Step 12 - I NEVER invest my whole operating capital into a
stock I decide how much I am willing to invest.
Step 13 - I place 1/4 of that level and leave the rest to
reinvest should it fall instead of rising.
Step 14 - I watch for where the stock has a solid resistance
then reinvest refer to the BTS page.
Step 15 - Should I happen to catch a short and a mass of
investors begin calling for certificates I implement CRS, refer
to the BTS page.
Step 16 - While letting the stocks built profit on top of profit
as I research for another stock to buy.
Required Reading: A must read for every investor in my
opinion:
Going Against The Crowd ... How to Decide to Buy a Stock
... Investing vs. Speculation ... Six Cardinal Rules for
Investing ... Forbes: Taking investors for a ride ... Stock
Detective - Your guide to stock scams, ...
Favorite Links: I look for Free sites that I can research and
find valuable information:
The Depository Trust Company ... Search SEC Website
Archives ... Securities Regulation Links ... The Center for
Corporate Law ... US Securities and Exchange Commission
... NASD Regulation Subscription Services ... The IPO
Directory: A FastQuote ... Stock Quotes ... AOL The Online
Investor ... Internet Historical Pricing ... InvestorWords -
Investing Glossary ... Stock Tools Most Active ... Frameset
Free Edgar ... Law Library ... News Alert: ... Technical
Analysis Charts
Bashing & Hyping: Never judge the presentation read the
information. I once watched a post with all it's so called
edumacated posters bash a man that was not able to write
effective. Because of his lack of the English Languade and
abilities to express his view articulately they decided his
opinions were considered nothing but HYPE. Now whether
they were are not has yet to be seen However. I tracked this
poor posters picks and I will tell you this his track record
clearly outshines the ones bashing him. What is normally
called “Killing the Messenger!” always decide for yourself.
One point is when dealing with on-line information is state
facts as you know them. Positives the company tells you
should be easy to verify. However negatives are a different
issue all together. Negatives it is wise to verify prior to going
on record to avoid possible future problems. ALWAYS
consider the negatives as alerts or red flags.
The Internet:
Character Assassinations ...
Ignorance is no excuse ... Momentum vs. trading Part1 ...
Momentum vs. Trading Part 2
Private Investor: Most of us are private investors and will
remain that way as long as we do not take compensation.
Once you take compensation then you could be opening
yourself up to some major problems like being a consultant
or advisor. Be careful what you do and remember you are
responsible for your own actions and trades.
Here are my Pet Peeves but this can grow ....
1.) Reverse Splits, Convertible Debentures, Reg S
2.) Company request shareholders to call for cert.
3.) CEO or management posting on line
4.) Lots of PR firms, Misinformation, Lame releases (Lying)
5.) Company selling stock or loaded with day traders
I have guidelines that I establish and the rest are momentum
and day trades.
1.) They have to have an absolute "Unfair Advantage"
period.
2.) Charting and trading logs that show solid accumulation
or no accumulation setting on the floor
3.) 5 million in the float or even less. Of course there are
exception.
4.) Something brokers will invest their mother's money in.
5.) Defining themselves very deliberately in the news releases
6.) NO hired PR firm
7.) Verifiable information
8.) Unnoticed on the internet for the most part
Disclaimer: This is my OPINION and mine alone. Do not
blindly follow me or anyone else in matters concerning YOUR
MONEY. If you want to follow someone blindly just send a
check for how much ever money you have to the on line GURU
you decided to follow. DO your own research and make up
your own mind, which is exactly what I do. I control my money
and destiny no one else's does.
BTS Trading System
Please understand this is just a strategy ..
Trade what is comfortable for you, not on what others say or
do.
BARD's Trading System (B.T.S.):
Objective: Buy Low Sell High and Increase Holdings
I find a stock that has been shorted, causing it to be
undervalued and meets all other requirements I have about
growth, direction and profit generating abilities, then I
watch for the lowest possible point. Say I buy in at $.25 with
$1000.00 getting 4000 shares for a AMSC (Average Mean
Share Cost) of $.25. The stock moves to $.50 have a pre-set
limit order waiting for 1/2 those shares (2000) at the bid of
$.50 for a return of $1,000.00. Leaving me with a AMSC of
$0.00 invested and 2000 shares. This sell does not hurt the
stock. Now the stock goes to $1.00 have a pre-set limit order
of 1/2 the shares (1000) at the $1.00 bid for a return of
another $1,000.00 (Total return on investment $2,000.00
with $1,000.00 gain minus commissions) but still have 1000
shares at a AMSC of $0.00. If it goes to $2.00 sell half again
and so on. This scenario is an Ideal situation which rarely
occurs. Why? Because of people's greed/fear which will
ALWAYS plummet a stock. Please note however the double
dumpers only made double and missed the second double.
Also please note that no one can guess the market because
there is always sellers but not always buyers.
Now say I only get my initial investment back only, and the
opportunists, day traders, weak, double dumpers, etc.,
plummet the stock back. I still have 2000 shares and the ask
is back to .25 due to pump and dump or shorting or
whatever. I take the original investment of $1000.00 and
DRIP again. So $1000 / .25 equals another 4000 shares plus
the 2000 I still have for a NEW AMSC of $1,000.00 / 6000 =
$.17. Place a pre-set limit orders to sell at AMSC of .17 times
2 equals .34 . . However Please note though it only has to rise
.17 cents to get back initial you can add the .17 to the
current price level (.17 +.25 = .42) to get back original
investment at 3000 shares @ .42 = $1,260.00 PLUS $260.00.
If it falls again I do the same as per the for mention
paragraph.
Please note on this buy at .25 stated above I am below the
bid with a .17 and if it is shorted or falls even more I have
some protection so I do not have to reinvest more initial
money. Now lets say it falls lower to .10 at which time I take
another $1,000 and buy 10, 000 total now is 16,000 shares
with a $2000 investment for an AMSC of .125 ($2000 /
16,000 shares). Now let's say it goes back up to .25 double
the AMSC with a pre-set limit for half the shares 8,000. You
get back your $2000.00 initial investment plus retaining 8000
shares, which is twice the shares started with having an
initial investment of only $1000. Set a buy in at .09 and a sell
at .50 and so forth and so forth and so on.
Please note I hardly ever worry about my investment since I
take my desired investment capital and divide it by 4 and
invest only a fourth of it. Now if I need to I reinvest at a
lower level which protects my investment, as soon as it spikes
I get back my initial and I have no worries. Then while
everyone else is whining I just sit back and forget about it
waiting for the next spike. Now even though I set limits I
generally wait for the rise and fall to stall out before trading.
For most that is not possible because I sit here and watch it
where most of you work all day which is why the limits work
so well. Heck modify this system to trade on a 1.5 instead of
a double or where ever ... MAKE MONEY!!!!
Below is a chart of an actual trade: Note it is not an example
of the previous example
.........Price......Invest..........Shares.......Portfolio..AMSC...Dollars......Investment
......Target.....Target
....................................Bought/Sold .....Shares
................Received......Account .........Buy...........Sell
............................................................................................................$4,000.00
Ask..$0.25...$1,000.00.....
4000............4000........0.25...........$0.00
....$3,000.00......$0.13.......$0.50
Bid...$0.40.......................-2000 ...........2000........0.00......
$800.00.....$3,800.00.......$0.20.......$0.80
Ask. $0.25...$1,000.00.....
4000............6000........0.17............$0.00....$2,800.00......$0.13.......$0.50
Ask. $0.15...$1,000.00.....
6666..........12666........0.08............$0.00.....$1,800.00......$0.08......$0.30
Bid...$0.50......................
-6333............6333........0.00.....$3,166.67.....$4,966.67......$0.25......$1.00
Ask..$0.25...$1,000.00..... 4000..........10333........0.10...........
$0.00.....$3,966.67......$0.13......$0.50
Bid...$0.42......................
-5166............5166........0.00.....$2,170.00.....$6,136.67.....
$0.21......$0.84
Ask..$0.20...$1,000.00.....
5000...........10166.......0.10............$0.00.....$5,136.67.......$0.10......$0.40
Bid...$0.35
......................-5083............5083........0.00.....$1,779.17.....$6,915.83......$0.18.......$0.70
Bid...$0.60......................
-2541............2541........0.00.....$1,525.00.....$8,440.83......$0.30.......$1.20
Ask..$0.30...$1,000.00.....
3333............5875........0.17............$0.00.....$7,440.83......$0.15.......$0.60
Ask..$0.15...$1,000.00..... 6666...........12541.......0.08...........
$0.00.....$6,440.83......$0.08 ......$0.30
Bid..$0.50........................-6270............6270........0.00.....$3,135.42.....$9,576.25......$0.25.......$1.00
Now anytime you invest please understand that you are
gambling and could be throwing your entire investment away.
Any investment is highly speculative and carries no guarrantees
plus all investment has risks. It is always wise to check with a
professional financial person you can trust before making an
investment.
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