Misc Penny Trader Stock Thread!

[MrSlickAngus]

How have you done since you joined?

Really well, I started with a couple grand just to figure out what to do and not to do, I was clueless, been with the newsletter just over a year now.
If anyone wants to learn how to reach stock charts, technical indicators and get huge support via email and chatroom from people that have been doing this for years shoot me a PM, (I can't link yet)

[blinkers88]

So what are you guys watching this week?
I'm liking FARE and FREE
I'm currently in FARE @ .21
Will probably buy some FREE if it breaks .10 with good volume

[MrSlickAngus]

I haven't been watching a lot lately, I am heavy in VRNG which is a risky patent play, but something that I can hold for a long time since I know it is going up eventually(DD) because I am busy getting a house finished up to sell.

[Kataro]

fuarkk MWIP is crazy, shoulda stay in

[blinkers88]

So what are you guys watching this week?
I'm liking FARE and FREE
I'm currently in FARE @ .21
Will probably buy some FREE if it breaks .10 with good volume

hnnnnngggggggg

[Kataro]

hnnnnngggggggg

I jumped in on MWIP @ .0365... thinking of holding til tomorrow or more

Thoughts?

shoulda got in at .03 this morning, but was kinda scared -_-

edit : ^ FREE HNNNNNGGGGGGG didn't see that, shoulda got in @ .109 this morning too. fuark

[blinkers88]

I jumped in on MWIP @ .0365... thinking of holding til tomorrow or more

Thoughts?

shoulda got in at .03 this morning, but was kinda scared -_-

edit : ^ FREE HNNNNNGGGGGGG didn't see that, shoulda got in @ .109 this morning too. fuark

Get those emotions out of your trading cuzzz!!! .03 would've been a great entry.
MWIP can't keep going up forever I think it's too risky to buy at this point

[Kataro]

Get those emotions out of your trading cuzzz!!! .03 would've been a great entry.
MWIP can't keep going up forever I think it's too risky to buy at this point

I know I know! It creeps up on me sometime. And yeah it seem like its pretty risky right now... might just exit. Hey a profit is a profit

[blinkers88]

I know I know! It creeps up on me sometime. And yeah it seem like its pretty risky right now... might just exit. Hey a profit is a profit

.04 looks really stubborn...

[tetrasarin]

MWIPs been on my watchlist since last month, forgot about it until last week fuu

[Kataro]

.04 looks really stubborn...

very, but so was 0.03.

people are selling off like mad right now

[usersignup2]

where's that dude who was do or die PPHM? killed it today.

[blinkers88]

where's that dude who was do or die PPHM? killed it today.

this. he should invite us out for steak dinners

[Kataro]

Currently in PPHM at under a dollar average.

I will either lose it all or make a ton of money.

Congratulation on today mate!

[Yoona]

In before PPHM drops to 30 cents after they find a mistake in the results. Or it could break $5 again, who knows. Good luck to those playing it.

[tetrasarin]

Anyone of you guys seen CHLO? motherofgod.jpg

[blinkers88]

Anyone of you guys seen CHLO? motherofgod.jpg

wtf caused all the volume? promo?

[tetrasarin]

wtf caused all the volume? promo?

Yup, 62 alerts from yesterday and today.


brb signing up for those newsletters

[pvdude]

I know you guys don't hold many of these long, but do you have any good long term penny holders? What sites are you using to trade?

[jakebrah]

Canadian brahs please respond....what broker do you use? looks to me like the only viable option is Questrade.

[vexxdone]

how do you guys find these stocks in the first place? scans?

[Yoona]

Canadian brahs please respond....what broker do you use? looks to me like the only viable option is Questrade.

I'm with CIBC right now and they honestly suck. Only good thing is the $6.95 trades if you qualify for them. And customer service is good. But everything else blows. Main two options are Questtrade and VirtualBrokers, unless you have very large capital (100k++ to drop in your account)

VirtualBrokers:
- trades as low as $1 (including ecn fees)
- no fees to buy ETFs
- $60/month for level 2
- due to recently popularity it can take months to open an account (I submitted in early dec, they haven't even started processing my application yet...)
- they can be restrictive on some penny stocks
- $50/yr fee to have USD TFSA

QuestTrade:
- apparently relatively fast and easy to make account
- no restrictions on penny stocks at all (except if you place orders of 500k+ orders they manually verify them which can take a few mins, which is can be disastrous. and 500K+ is not that much sub-penny stocks)
- trades at $4.95+ecn fees (not as good as VB but still cheaper than everywhere else unless you have high capital)
- $90/month for level 2 (has a few extras that VB doesn't but not worth the extra $30 IMO)
- if you put $1000 in your account you can get 1 month free trading (offer ends soon I think though)
- they had like a one or two day outage one time which cost some people serious $$. I doubt that will happen again but you should still be aware.
- no maintenance fees (unless you have less than 5k and don't trade for a quarter)

I'm personally going to try to wait VB out a bit longer for dat der $1 trades and reasonable level 2 costs. But if I don't here from them by the time QuestTrade's 1 month free trading is going to expire I might just cancel VB and try quest trade for a bit.

[blinkers88]

I know you guys don't hold many of these long, but do you have any good long term penny holders? What sites are you using to trade?

Doesn't exist unless you wanna put extensive efforts into researching the company imo

[34Nick]

I had another $1500 I was waiting to put in this week, but I at least managed to get it in at 2.13 I was a little upset that I didn't get it in before the announcement, but I'll take the 80 percent gain on the day haha

Tomorrow should be fun as well

[rocknnrolla]

shay, did krillens forum die.. checked it out and last post was almost 2 months ago

[blinkers88]

I had another $1500 I was waiting to put in this week, but I at least managed to get it in at 2.13 I was a little upset that I didn't get it in before the announcement, but I'll take the 80 percent gain on the day haha

[jakebrah]

I'm with CIBC right now and they honestly suck. Only good thing is the $6.95 trades if you qualify for them. And customer service is good. But everything else blows. Main two options are Questtrade and VirtualBrokers, unless you have very large capital (100k++ to drop in your account)

VirtualBrokers:
- trades as low as $1 (including ecn fees)
- no fees to buy ETFs
- $60/month for level 2
- due to recently popularity it can take months to open an account (I submitted in early dec, they haven't even started processing my application yet...)
- they can be restrictive on some penny stocks
- $50/yr fee to have USD TFSA

QuestTrade:
- apparently relatively fast and easy to make account
- no restrictions on penny stocks at all (except if you place orders of 500k+ orders they manually verify them which can take a few mins, which is can be disastrous. and 500K+ is not that much sub-penny stocks)
- trades at $4.95+ecn fees (not as good as VB but still cheaper than everywhere else unless you have high capital)
- $90/month for level 2 (has a few extras that VB doesn't but not worth the extra $30 IMO)
- if you put $1000 in your account you can get 1 month free trading (offer ends soon I think though)
- they had like a one or two day outage one time which cost some people serious $$. I doubt that will happen again but you should still be aware.
- no maintenance fees (unless you have less than 5k and don't trade for a quarter)

I'm personally going to try to wait VB out a bit longer for dat der $1 trades and reasonable level 2 costs. But if I don't here from them by the time QuestTrade's 1 month free trading is going to expire I might just cancel VB and try quest trade for a bit.

thanks for the reply brah. I think i'm leaning more towards Questtrade

[Kataro]

damn, if you got in FREE @ .10 yesterday... GJDM

[iPhoneSRQ]

Looks like GR's penny RTGV may be gearing up for news...may want to look at it.

[blinkers88]

FREE and CHLO just insane