Market Watch for the week of 8/9/2009

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Originally Posted by billhart22

I realize that some of these stocks are not moving to some peoples' satisfaction, but I want to say that they are not daily yo yos.

These are businesses and take some time to get business done.

How legit are some of these companies? I think most are and will be much more in the future with SEC oversight. Everything doesn't happen on our schedule.

If you feel that you are getting into stocks over and over again that are not panning out the way you expect, then not buying them could be the best bet.

You have to have a reasonable amount of money to be able to flip these, especially if you have a cash account, which I am sure 99% of people here do.

Learn from brother Ray. He is the champion of stock holding and patience. Oh, God...by the way...he is rich! lol

The whole point of this is that patience is very very important and it is hard, but that is the only way to score unless you get in on a good and quick run. That is why they call them investments. They don't call them "flippers" all of the time.

Don't think you made a bad investment until a stock tanks and doesn't come back.

Let's take an example. QASP was on a run....ok, it buckled yesterday..so what? They have four acquisitons on the 28th to sign. They are buying stock back. They are purchasing brick and mortar. What is there left to think about? They just bought a company that had to pay the stockholders a dollar per share so QASP could acquire it. Now what are the odds?

MGLG is more speculative...Personally I am in it with free shares..760,000 to be exact. It can skitter all over the place and I have nothing to lose. Whoa, Bill! You bought in cheap and I am stuck! Well, let me say that I have a couple that I don't even list that are in the same situation. You cannot win on every stock and please don't think that you can. The good part is that you can deduct the loses at $3000 per year for as long as it takes. If you lose $30K, then for ten years you have a three thousand dollar deduction. If you die before then...I don't know. They will take it off of your death tax.

My whole point is that you have to realize that pennies are risky, as we have all said over and over and they all just don't happen daily. Sometimes it just takes some time and that some win and some lose. It is not a perfect slot machine.

That all just blurted out of my head....I do have braincells left! lol :)

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LOL, we're all posting about patience at the same time... I just hit send and found this.

Bill is the king.

Im calling it a night guys...see ya all tomorrow........:cool:

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Originally Posted by Sworntwofun

Im calling it a night guys...see ya all tomorrow........:cool:

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Good night Tony, I am out also.............

Bass - I'll try to annotate more when I post the charts... but take them with a grain of salt, anything can happen, and none of the patterns are perfect - I did see a perfect cup and handle on goog once, many years ago, lol. Siri though is a great one for the elliot waves and a bunch of patterns, at one time, I drew out all the classic patterns on siri, starting from the big decline, and they were close to textbook when hitting targets.

My stepdad, who passed away recently, used to take me fishing all the time, we lived in Arkansas back then. We'd hit this lake that was closest to town, and not catch much, but then we found this one bank, where as the sun set, these weird bugs (arkansas is full of weird bugs) would come flying out, and these largemouth bass would go nuts - we could throw anything out, and they'd fight for it! So from there, we'd watch the sun and decide if we'd go fishing... we'd scurry and get to the place right before the sunset, catch a bunch, then mess around for a bit. Then at the dock, folks would say, "nuthin' out there tonight, how'd you do?", we'd say, "nuthin''. Lol.

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Originally Posted by billhart22

I realize that some of these stocks are not moving to some peoples' satisfaction, but I want to say that they are not daily yo yos.

These are businesses and take some time to get business done.

How legit are some of these companies? I think most are and will be much more in the future with SEC oversight. Everything doesn't happen on our schedule.

If you feel that you are getting into stocks over and over again that are not panning out the way you expect, then not buying them could be the best bet.

You have to have a reasonable amount of money to be able to flip these, especially if you have a cash account, which I am sure 99% of people here do.

Learn from brother Ray. He is the champion of stock holding and patience. Oh, God...by the way...he is rich! lol

The whole point of this is that patience is very very important and it is hard, but that is the only way to score unless you get in on a good and quick run. That is why they call them investments. They don't call them "flippers" all of the time.

Don't think you made a bad investment until a stock tanks and doesn't come back.

Let's take an example. QASP was on a run....ok, it buckled yesterday..so what? They have four acquisitons on the 28th to sign. They are buying stock back. They are purchasing brick and mortar. What is there left to think about? They just bought a company that had to pay the stockholders a dollar per share so QASP could acquire it. Now what are the odds?

MGLG is more speculative...Personally I am in it with free shares..760,000 to be exact. It can skitter all over the place and I have nothing to lose. Whoa, Bill! You bought in cheap and I am stuck! Well, let me say that I have a couple that I don't even list that are in the same situation. You cannot win on every stock and please don't think that you can. The good part is that you can deduct the loses at $3000 per year for as long as it takes. If you lose $30K, then for ten years you have a three thousand dollar deduction. If you die before then...I don't know. They will take it off of your death tax.

My whole point is that you have to realize that pennies are risky, as we have all said over and over and they all just don't happen daily. Sometimes it just takes some time and that some win and some lose. It is not a perfect slot machine.

That all just blurted out of my head....I do have braincells left! lol :)

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Very well said Bill.

[QUOTE=bassmaster;47063]BILL - are you a preacher? because that was pure Gospel!!!!!

Pastor Bill- thats a big amen!

Top of the morning everyone ... It's a bright (actually it's dark) 4:30 AM out here on the left coast ...

Bill, that was some outstanding preach'n and I know preaching, a whole other realm but I digress. What you guy's have done here is remarkable, even backing up to the days as a mere lurker I was learning along with you, often wondering just what all was going on with those email exchanges ... 'What are these guys up to?' Got to hand it to Charles for providing this space, this avenue ... Looking back on just the year so far and a month or two into last year ... what an education! From being practically frightened of the market in so many ways to an active participant beyond my co. options, share plan, etc. ... Deciding on SIRI of all stocks! is half brilliant, half insanity .. but I wouldn't change it for the world. It brought me here and later on to the Wave and despite the whole bruha that developed ... I get it, passionate minds with different opinions ... It's, in my opinion a good thing that it has evolved as it has. This crazy stock has been the training wheels and the perfect vehicle to learn a great deal of how the market works, who the players are (and the manipulators), the volatility and even the possibilities.

The whole bankruptcy affair was worth the price of admission as a roller coaster gut check and moreover what it pulled out of the minds and experience of the longs here - My tendencies are Sponge Bob like, soaking it all up into the grid-work, the pro's and con's and the DD of "Is it so?" to try and verify, see it for myself type of research. The TA is mostly like trig to my mind right now, just don't have the bandwidth to try and learn it all, at best it's dabbling. The psychological, 'human nature', pumper\basher, hype, spin, news aspects I guess make me more of an observationist in how those drive stock prices - BUT! For all that it's sorting through the whole muck to get to the bare facts and basic fundamentals ... Knowing my own frailties and emotions I also realize that I make a lot of gut decisions that are not well thought out or DD'ly searched through. It's kind of a leap into the whole morass and then some backpedaling ... For instance just basic business fundamentals. The books mentioned here in the past I still need to get my hands on and will do so in the days ahead. Right now, believe it or not, I am simultaneously reading the 'enemies playbook' by one Fool whose name is synonymous with character on Seinfeld ... Yeah, that guy! I got swept up in his whole silly TV show at one point, especially when he made mention of my company at one point and bought his book, it sat on a shelf for a good year before I took it down about a month ago. Despite his undressing and the video that made the rounds of his flat out manipulative BS as a hedge-fund troll, I figured I could at least learn something of his angle even if that was a bit jaded and colored by my dislike of his ethics and distrust, suspicion of what his advise is\was. It's the classic picking out the bones and chewing the meat ...

Early morning ramble, my expertise! But I'm still not done ... After buying the wife a new car recently, we stopped by a Barnes and Nobles and I instinctively headed to the investment section ... One of my first thoughts going through what was available was, 'How much of this is sheer BS?' In fact, just about anything that begins with a "How to _____" I instinctively disregard, the popular and 'Best Sellers" eyed with a twinge of suspicion ... Anyway, settled on one that had a catchy title - "FWallstreet!" Even though it had that contraian stamp of approval from a certain TV show that will go unnamed. So far, reading it on the can (full disclosure here, sorry) when I can, it's pretty darn good - The guy seems to be a straight shooter and wrote it out of his own frustrations with the BS on Wall-street and best I can tell his own personal ethics, he wanted to take good care of his clients. So far as I have read, it is just some very basic understanding of how business works, how the street tends to view things, bottom line basics etc. For anyone new to all this as investors it might be a good book to check out. For me, I need to hear things repeated about a dozen times to get it to sink in past the usual data overload from parsing a zillion sites and comments and research ... He has a site as well, haven't spent any time checking it out -

http://www.fwallstreet.com/

Shew ... an hour later ... :rolleyes:

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Originally Posted by bassmaster

BILL - are you a preacher? because that was pure Gospel!!!!!

ROMO- i was talking about QASP... but since you brought up overinvesting in SIRI. i dumped $100k and still not green yet!!!!!!!!! actualy im not worried at all as i know i will be green by Q4. my avg is $.88. and once i am green there, i still wont sell, i am keeping those shares until at least 5 bucks.

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yeah, i believe siri is a great money maker (soon) i just wish i had the guts, well i did, but let me tell you why i didn't...greed. When siri was at .07ish I had a lot of money to dump in and i knew it was going up, but I didn't want to ruin it by being greedy, now of course i wish i had....but....then it WOULD have gone bankrupt, lol.

Someone gave advice on the front page comments, they said if you have $3000 invested and have say 1500 shares and you think the companies not going bankrupt then drop another $300 to double/triple your shares. I did and it worked. whats the difference if you lose $3000 or $3300 to have the chance to get your money back quicker.

For all of you that have evfl, I read this on the spoke.

NEWS Evolution Fuels EVFL to Apply for DOE Cost-Sharing Program for the Expansion of Retail Fuel Ethanol Infrastructure
DALLAS, Aug. 10, 2009 (GLOBE NEWSWIRE) -- Evolution Fuels, Inc. (Pink Sheets:EVFL - News; the "Company") today announced that as part of its efforts to establish retail fuel stations that carry varying blends of ethanol, it intends to apply for the U.S. Department of Energy's ("DOE") recently announced cost-sharing program for projects that will expand the infrastructure of fueling locations up to 85 percent ethanol.

Related Quotes
Symbol Price Change
EVFL.PK 0.0001 0.0000

The DOE recently announced the availability of up to $5.5 million from the American Recovery and Reinvestment Act to increase the use of higher ethanol blends (up to E85), with plans to offer up to $3.5 million to 15-30 projects for cost-shared projects to modify, upgrade, expand existing fuel pumps and other infrastructure at retail stations or the installation of new equipment to accommodate the higher ethanol blends. The DOE additionally plans to fund up to $2 million toward the raising of public awareness of higher ethanol blends up to E85.

Evolution Fuels' CEO, Dennis McLaughlin, stated, "It is the Company's position that programs such as this are critical to solving the problems of growing the distribution and sales of renewable forms of energy. This type of program should greatly aid companies who seek to be providers of higher blends of ethanol and biodiesel fuels at the pump."

About Evolution Fuels, Inc.

The Company endeavors to market renewable transportation fuels at retail fuel stations that will provide blends of ethanol from 10% to 85% (E10 to E85), and biodiesel blends from 5% to 20% (B5 to B20). The Company's plan calls for the development of a chain of renewable fuel stations that extend from Texas to Mississippi that will be a combination of "Evolution Fuels"-branded fuel stations/convenience stores and western-motif truck stops modeled after the Willie's Place Truck Stop in Carl's Corner, TX. The Company's Web site is www.evolution-fuels.com.

Good Morning All....

Good Luck to everyone on todays activities..........

Bill if you have a chance can we see todays L2 on qasp want to try to feel out the low end for a entry on a day trade...Thank You:cool:

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Originally Posted by Sean

hey, i'm not 100% sure yet but i think i might need to get a new computer.
i think mine was on fire last night when i was sleeping or something but i don't see anything different on the inside..., i haven't tried to turn it back on yet.

if i do need a new PC does any1 here know alot about computers? like what PC i would buy ex. video card/MB/HD/Cpu. (i stopped keeping track of all of the new stuff and whats good a few years ago) (gaming pc of course but not the top of the line)
if i end up do needing a new pc it'd be good to know sum1 who knows what i should get.

thanks,
Sean

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i haven't read up but get a laptop and wireless, its the bomb to sit and watch tv or on the toilet and surf the internet. Im about to start looking at the new small internet laptops, you know those tiny (8") laptops, they are like $300 and probably only good for simple tasks and internet surfing, but shoot $300 for the convenience is cheap.

maybe its these, netbooks, http://www.bestbuy.com/site/olspage....&type=category

Sorry, I slept in

http://www.coloradohandyman.com/qasp9.jpg

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Originally Posted by imromo24

i haven't read up but get a laptop and wireless, its the bomb to sit and watch tv or on the toilet and surf the internet. Im about to start looking at the new small internet laptops, you know those tiny (8") laptops, they are like $300 and probably only good for simple tasks and internet surfing, but shoot $300 for the convenience is cheap.

maybe its these, netbooks, http://www.bestbuy.com/site/olspage....&type=category

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Romo, agreed!!! A wireless laptop is awesome. I can use mine all over the house as well as outside on the patio. I don't know how I did it before being plugged into the wall. It also helps to have lightning fast internet. I have Verizon Fios which is fiber right to the wireless modem and that makes it all the better. They are a little more expensive but I think I'm switching to a MAC next year.

A half hour after the open and no buys on bcle, none, that is low volume if I've evr seen it:D

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Originally Posted by imromo24

i haven't read up but get a laptop and wireless, its the bomb to sit and watch tv or on the toilet and surf the internet. Im about to start looking at the new small internet laptops, you know those tiny (8") laptops, they are like $300 and probably only good for simple tasks and internet surfing, but shoot $300 for the convenience is cheap.

maybe its these, netbooks, http://www.bestbuy.com/site/olspage....&type=category

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Verizon has a new one for $199. I am going to check it out. I saw it on TV last night. It may solve my ills.

I have a buddy coming over today. He is a professional tile setter and we are going to knock out part of one of my bathrooms with 19" porcelain (which I hate), so I won't be on as much today. If somebody could provide L2's it would be cool. Have a good one, gang! "Gang" sounds like mobs at town hall meetings...lol. GLTA

Thanks Bill...I decided to put a order in for 100k @ .033 they only filled 14k worth....also im trying to aquire some behl @ .05 but nothing is filling yet...dumped a few siri at .53 for a day trade though risky with the news..

thats about it...Have a good day Bill... and keep them level........:cool:

I am becoming impatient with MGLG. I decided to fax them on company letterhead to request a copy of their company brochure. I wanted to see if anyone was there and if they would respond in a timely fashion. I was hoping to quell the sinking feeling in my belly. Well, I got a no answer error on my fax machine. So much for quelling that sinking feeling!

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Originally Posted by thetree

I am becoming impatient with MGLG. I decided to fax them on company letterhead to request a copy of their company brochure. I wanted to see if anyone was there and if they would respond in a timely fashion. I was hoping to quell the sinking feeling in my belly. Well, I got a no answer error on my fax machine. So much for quelling that sinking feeling!

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Let me help you with that sinking feeling.........EAT SOMETHING!!!!:D

I posted lastnight that I'm always looking for news or something and I never find anything. With that said I still believe in this stock and we will all make some money from it.

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Originally Posted by Sean

hey, i'm not 100% sure yet but i think i might need to get a new computer.
i think mine was on fire last night when i was sleeping or something but i don't see anything different on the inside..., i haven't tried to turn it back on yet.

if i do need a new PC does any1 here know alot about computers? like what PC i would buy ex. video card/MB/HD/Cpu. (i stopped keeping track of all of the new stuff and whats good a few years ago) (gaming pc of course but not the top of the line)
if i end up do needing a new pc it'd be good to know sum1 who knows what i should get.

thanks,
Sean

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Hey Sean:

I have had several HP's, laptops and desktops and have been satisfied overall. I'm an Apple fan but I've overheard too many 'ah s$#ts' from friends who own them to actually dive into their laptops. I think Apple is great for media (video, music, design, etc) but business worldwide runs on windows. And I promise you...there's pleny of "ah s##ts" from us windows guys too. Don't know if that helps.

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Originally Posted by atmgeek1

Let me help you with that sinking feeling.........EAT SOMETHING!!!!:D

I posted lastnight that I'm always looking for news or something and I never find anything. With that said I still believe in this stock and we will all make some money from it.

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That's funny, wasn't feeling queasy as much as ... inquisitive? Sent them a very cordial email earlier ... Just checked my in-box, nothing yet ... Go with ATM's advice, it has a way of calming the nerves ...

Picked up another 10K of WASP\Quasper @ .035 ... This should allow anyone else to pick them up for about .03 any minute now ;)

It's all good ... :D