For those that wanted it: 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 27 months ago. I am a divorced single parent with 3 grown children and custody of my 10-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 make profit from it. When I use it I make money on it but when I don't I typically get nailed. 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. Groups 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, sheep, 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 have 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. The result is welcome to the infamous world of trust plus a fool and his money. The result of this is emotional witch hunters and boy talk about innuendoes and lack of facts. But that is to be expected since some people have no business trading on their own mental capacity. These type demonstrate this lack of savvy in every post they make. Remember NEVER get emotional and trade …
Warning Signs: "BUY BUY BUY!!!" or "We need new money and buyers!!!" “Lets call for CERTIFICATES” 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. Do your own DD and whatever you do not believe half of the internet posters. VERIFY everything and to yourself be true. It your money you are gambling with.
Evaluation: I prefer microcaps because even though they are riskier, and you can lose your entire investment in 10 minutes, 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 your investment is 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 GURUs, INTERNET GODS 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: Invest in BB stocks based on research and facts instead of emotional innuendoes, hype and speculation. Establish guidelines so an investor can 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 and especially emotions. Do your homework; research a stock before buying in and KNOW why you bought it. .
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.
a. Check the trading log for accumulation, price vs volume
b. Check the thread for positive and negatives if negative on emotion or personal attacks that is normal and those are the ones that I do not give credibility to.
c. Read the news releases & filings
d. Make notes and begin filling out the BTS sheet
Step 5 - If I decide after I have researched it I like it I call the company.
Step 6 - I take notes and continue filling out the BTS sheet on my conversation 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 on 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 its downward trend versus the stock value never get in a hurry watch for dips.
Step 11 - If it spikes then I merely wait for it to come back down or stabilizes at its present level.
Step 12 - I NEVER invest my whole operating capital into a stock I decide how much I am willing to invest. Typically $5,000.00 …
Step 13 - I place 1/4 of that amount at a certain level and leave the rest to reinvest should it fall instead of rising.
Step 14 – If it falls I watch for where the stock has a solid resistance then reinvest.
Step 15 - Should I happen investors begin calling for certificates or solid possibility of a reverse split I basically sell and walk away as soon as I can depending on the trading.
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:
web0.tiac.net .. Going Against The Crowd
web0.tiac.net . How to Decide to Buy a Stock
web0.tiac.net .. ... Investing vs. Speculation
web0.tiac.net .. ...... Six Cardinal Rules for Investing
forbes.com .. ... Forbes: Taking investors for a ride
stockdetective.com ... Stock Detective - Your guide to stock scams, ...
Favorite Links: I look for Free sites that I can research and find valuable information:
dtc.org ... The Depository Trust Company
sec.gov ... ... Search SEC Website Archives
mwbb.com ... ... Securities Regulation Links ...
law.uc.edu ... ... The Center for Corporate Law
sec.gov ... ... US Securities and Exchange Commission
nasdr.com NASD Regulation
insidertrader.com ... Insider Trading Subscription Services
ipocentral.com .. ... The IPO Directory: A
fast.quote.com ... FastQuote
smallcapinvestor.com ... ... Stock Quotes
dailystocks.com ... Daily Stocks
tradepbs.com ... ... Internet Historical Pricing
investorwords.com ... ... InvestorWords - Investing Glossary
stocktools.com ... ... Stock Tools
freeedgar.com ... ... Free Edgar
legalelectric.com ... ... Law Library
newsalert.com. ... News Alert:
tscn.com. 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 Language and abilities to express his view articulately they decided his opinions were considered nothing but HYPE. Now whether they were or not has yet to be seen. However, I tracked this poor poster's 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:
Message 5173384 Character Assassinations ...
Message 5176730 Ignorance is no excuse ...
Message 4299853 Momentum vs. trading Part1 ...
Message 4300332 Momentum vs. Trading Part 2
Message 8308942 BTS Research Sheet
Message 8220832 Rande Is “The Basics”
Message 7999983 WSJ Article on me NOT BTSing
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. I have become an IR for two companies presently CNHH and DMEC which I am paid a month fee and have received stock options.
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 P & D 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.
This system can be modified to adapt to each investors strategy.
BARD's Trading System (B.T.S.):
Objective: Buy Low / Sell High and Increase Holdings
I find a stock that is 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 free trading. 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 DIP 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 for a total now of 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 which could be anywhere from a double to a 10 bagger. 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!!!! Sometimes I will sell out depending on the DD because it can change daily even hourly heck minute to minute sometimes.
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 guarantees plus all investment has risks. It is always wise to check with a professional financial person you can trust before making an investment.
Just remember that you have to find good stocks … and there is no guarantee that the first one will not be a loser. Always use common sense when investing.
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 Happy Trading
GB |
