Post by fastwalker on Mar 25, 2005 20:54:12 GMT -5
Trade_to_Live - that's true about pennies. A couple
of years ago WillyWizard - while waiting for QBID to make its run to over 2 cents - told us the way to make money on pennies: (paraphrasing)
Find a penny that looks good, but is still selling for .0001 or so - example, PRRM?
Put $1,000 to $10,000 into it - approx. 10 to 100 million shares.
Then forget about it for awhile - even it is a 2+ year wait.
If it is a good stock, EVENTUALLY that sucker will fly. When it starts to move, put in a sell order for a double or triple on half the shares - when hit, all the rest of your shares are free shares. Put in more exit orders for part of the remaining shares ahead of time. Keep maybe 25% of the shares for a BIG runup in the price.
Sounds good to me.
Trade_to_Live - that's true about pennies. A couple
of years ago WillyWizard - while waiting for QBID to make its run to over 2 cents - told us the way to make money on pennies: (paraphrasing)
Find a penny that looks good, but is still selling for .0001 or so - example, PRRM?
Put $1,000 to $10,000 into it - approx. 10 to 100 million shares.
Then forget about it for awhile - even it is a 2+ year wait.
If it is a good stock, EVENTUALLY that sucker will fly. When it starts to move, put in a sell order for a double or triple on half the shares - when hit, all the rest of your shares are free shares. Put in more exit orders for part of the remaining shares ahead of time. Keep maybe 25% of the shares for a BIG runup in the price.
Sounds good to me.
Gurn
P.S. I know, some think WillyWizard is a pumper-dumper (in fact, I've lost more than once in his game) - but, I'll glean good information from almost anyone - IF it makes sense.
of years ago WillyWizard - while waiting for QBID to make its run to over 2 cents - told us the way to make money on pennies: (paraphrasing)
Find a penny that looks good, but is still selling for .0001 or so - example, PRRM?
Put $1,000 to $10,000 into it - approx. 10 to 100 million shares.
Then forget about it for awhile - even it is a 2+ year wait.
If it is a good stock, EVENTUALLY that sucker will fly. When it starts to move, put in a sell order for a double or triple on half the shares - when hit, all the rest of your shares are free shares. Put in more exit orders for part of the remaining shares ahead of time. Keep maybe 25% of the shares for a BIG runup in the price.
Sounds good to me.
Trade_to_Live - that's true about pennies. A couple
of years ago WillyWizard - while waiting for QBID to make its run to over 2 cents - told us the way to make money on pennies: (paraphrasing)
Find a penny that looks good, but is still selling for .0001 or so - example, PRRM?
Put $1,000 to $10,000 into it - approx. 10 to 100 million shares.
Then forget about it for awhile - even it is a 2+ year wait.
If it is a good stock, EVENTUALLY that sucker will fly. When it starts to move, put in a sell order for a double or triple on half the shares - when hit, all the rest of your shares are free shares. Put in more exit orders for part of the remaining shares ahead of time. Keep maybe 25% of the shares for a BIG runup in the price.
Sounds good to me.
Gurn
P.S. I know, some think WillyWizard is a pumper-dumper (in fact, I've lost more than once in his game) - but, I'll glean good information from almost anyone - IF it makes sense.