Perpetual Lottery Tickets Drawer

Discussion in 'Journals' started by random trader, Sep 9, 2003.

  1. 10/7/03

    N = 18
    X = $727
    Sum(P) = $115

    Stock market to the middle class is lottery to the underclass.
     
    #71     Oct 7, 2003
  2. No fill today.
     
    #72     Oct 8, 2003
  3. 10/8/03

    N = 18
    X = $727
    Sum(P) = $104

    Stock market to the middle class is lottery to the underclass.
     
    #73     Oct 8, 2003
  4. None of the bids filled.
     
    #74     Oct 9, 2003
  5. 10/9/03

    N = 18
    X = $727
    Sum(P) = $105

    Stock market to the middle class is lottery to the underclass.
     
    #75     Oct 9, 2003
  6. hey, your thread makes no sense, so I wouldn't waste your time with it- theres no substance here and it seems you are just rambling on without talking about why you are picking these stocks or what they are. If I had a penny stock thread, I would want to talk about my stocks and hear other opinions on them. Other than that, you are proving nothing about your returns or if this is a viable strategy. Penny stocks are cheap because they are pieces of sh*t, not because they are some great opportunity that the masses have overlooked. C'mon, there are teams of monkeys working around the clock to identify the next big opportunity, do you think you are going to scoop up some stock for 10 cents and sell it for $10 in a reasonable timeframe? There are too many variables and uncertanties with penny stocks, its a very speculative- and boring- game. Yes, I understand, you can buy X thousand shares at 10 cents and have limited risk, but you better know what the fu*k you are doing.

    Stock market is for the upper class, the middle and "underclass" get slaughtered.
     
    #76     Oct 9, 2003
  7. The purpose of this thread is to test whether a diversified portofolio of penny stocks is both safer and offers higher return than major indices. My guess is yes if one makes an effort to buy on the cheap, otherwiser I wouldn't be doing this. Judge for yourself a year or two years later.

    The stocks are selected solely based on price. I don't love any of them. I don't have high hopes for any of them. I am not proud of any of them. Why do I want to talk about them? Why do I want anyone's opinion on them? These are just a group of test objects.

    I hope the point is clear to you now. If not, well, that's your problem, not mine.
     
    #77     Oct 9, 2003
  8. well, good luck- are you profitable net of costs on your portfolio to date??
     
    #78     Oct 9, 2003
  9. Start reading from page 11.
     
    #79     Oct 9, 2003
  10. ok, you're only up $105- are you trading one lots on penny stocks or something? forgive me if this has been answered already, I dont want to go through the entire thread.
    why not test it out with some real size- research your stocks and commit some real capital
     
    #80     Oct 9, 2003