Stock Market Game

[Finnster]

Originally Posted by lutach

I got a little buying power so I went to pinksheets and bought the big losers . Big gamble for sure.

More Lehman? ;) hahaha


Had another good day, cracked 1.3M and went from 15th Monday to 5th today!

My one position that got killed is coming back, and some other things are moving. I'm starting to consolidate on a few more reliable positions and selling of the larger number of small gambles. All I need is for a couple of these to break out and things could get really good. I'd be really happy if I could break $1.5M by the end of the month, tho you never know...

I bought RTK a couple weeks ago @ .62, sold a day later @ 1.35 and was proud of myself. Its since went up to nearly $3 and I was trying to buy it back @ $2 lol.

[lutach]

Originally Posted by Finnster

More Lehman? ;) hahaha


Had another good day, cracked 1.3M and went from 15th Monday to 5th today!

My one position that got killed is coming back, and some other things are moving. I'm starting to consolidate on a few more reliable positions and selling of the larger number of small gambles. All I need is for a couple of these to break out and things could get really good. I'd be really happy if I could break $1.5M by the end of the month, tho you never know...

I bought RTK a couple weeks ago @ .62, sold a day later @ 1.35 and was proud of myself. Its since went up to nearly $3 and I was trying to buy it back @ $2 lol.

I reached my goal with Lehman. I went with a few others, but a few got canceled. I'll have to wait and see how Monday will turn out to see if I could buy them. You're doing good and a $300,000+ profit is not bad at all specially for less then a year. Some of my gambles paid off big time, but it would've paid more if I kept them.

[lutach]

I just checked and it seems that 3 (WLSI, ARTI and SMWF) of the 4 (CRRA) stocks I recently bought are giving me a little profit . I thought I was going to get hammered on them. If Monday turns out good, I'll buy the others that didn't go through (EXBX, NPHC and VMCI).

[lutach]

I've been thinking , since DRYS is not doing anything, I might sell it and take a huge loss. What do you guys think?

[Finnster]

Originally Posted by lutach

I've been thinking , since DRYS is not doing anything, I might sell it and take a huge loss. What do you guys think?

IDK, depends if you need the capitol or not. I know I can get impatient waiting on a stock that's not doing anything. I know you can miss pops that way, OTOH if its just sitting there in the water while everything else is going, its aggravating, esp if you got better plans.

I dont follow drys, but it seems like its kinda dead in the water (hahahaha.)
I would think you have some time to jump into something else if you wanted to get back, otoh, if you are not in a rush, it may move later on.


I came close to my $1.5M today, peaked around $1.49M, then backed down abit. Tomorrow should be interesting. Hopefully PNX will break out big time and push me over the top. ( I see you've got some too Luciano ;) )

[lutach]

Originally Posted by Finnster

IDK, depends if you need the capitol or not. I know I can get impatient waiting on a stock that's not doing anything. I know you can miss pops that way, OTOH if its just sitting there in the water while everything else is going, its aggravating, esp if you got better plans.

I dont follow drys, but it seems like its kinda dead in the water (hahahaha.)
I would think you have some time to jump into something else if you wanted to get back, otoh, if you are not in a rush, it may move later on.


I came close to my $1.5M today, peaked around $1.49M, then backed down abit. Tomorrow should be interesting. Hopefully PNX will break out big time and push me over the top. ( I see you've got some too Luciano ;) )

I'll sell it tomorrow and go on my search for some crazy stocks in the pinksheets . I got PNX when it was one of the losers of the day lol.

[lutach]

I've been watching a few stock in the pink sheets and saw that some had huge % gains and now I'm going to gamble on a few more to see if I get lucky before this one game ends. I now own a few stocks with 100 million share and if one of them has a nice little spike, I'll definitely hit $20 million. This game has thought my friend a good lesson and he even started trading again, but didn't do it the way I did.