Bill -Quote:
Originally Posted by billhart22
On these penny stocks, how much do you make every day ? More than $500.00-750.00 ? per day. How many trades to achive that ?
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Bill -Quote:
Originally Posted by billhart22
On these penny stocks, how much do you make every day ? More than $500.00-750.00 ? per day. How many trades to achive that ?
I just got home and found a reply to my email to Snails Willoughby!
My email:
Name:Jeff Company Name: Message:I am an investor in Magellan Energy! Became a shareholder about 3 months ago! On June 15th, 2009, you put out a PR that stated that Citizens Gas would provide metered gas flow numbers in a few weeks! Since it is now August 26th, 2009, it has been over 9 weeks and still no flow rates announced to shareholders...all the while, the share price has dropped to .0005! What is alarming to the shareholders of your company, is a lack of information being released to us! Can you give us an updated timeframe for the release of the metered flow rates! From my limited knowledge, it shouldn't take 9+ weeks to determine the flow rates! Thank you for taking the time to read and respond to this email from a shareholder of Magellan Energy! Jeff
Snails Willoughby response!
"Management is issuing an update next week and the updated website will also be live sometime next week. While I do not know what the content will be, I have been passing on shareholder concerns and asked for them to be addressed in the update".
Regards,
Snails Willoughby
Investor Relations
866-365-4724
I thinks it says blah...blah...blah...Am I reading it wrong!
Yeah when I saw the posts on ishrub I wanted to hear it right from ol' molassess herself and sent an email asking about website and production numbers. 10 minutes later I had a reply saying it would be next week but did not clarify if both items would be next week or not. We will see!
We don't make it everyday, but when we do we make thousands from just one stock and one trade. Sometimes we take our initial investment out and some profit and let the rest of "free shares" ride. In some cases 10's of thousands in a day. It is really variable. Right at the moment we are in a building and re-building phase with some of our stocks that have all ready run. Some are new and we are waiting on them.Quote:
Originally Posted by Siriusowner
This is a really different world from big board stocks. Everybody in here has had to learn from each other. Some of we guys that have been in pennies longer help new guys into pennies. We have some great regular board traders in here, including myself, but this is just a thing that you have to follow for a while and get a feel for. Most everybody in here is really experienced by now, but we all ask questions of each other and help each other. That is what this thread is all about. We work as a team and are not adversarial.
It is just a world of it's own. Everything moves very very fast when it moves...it very rarely climbs day after day like a big board stock, because there are too many flippers. A lot of times it is generally a three day run. 1st day hang on, 2nd day hang on and see where it is going and generally on the third day it is time to bail before the big profit taking drives it into a shambles. That pattern is very typical a lot of the time.
So what a daily amount is....who knows? We take what we make and find a new good stock. We do a great amount of due diligence on these stocks, because a lot of pennies and sub-pennies can be sleazy. You really have to pick them well. It is all about leverage. You certainly wouldn't wait around for a dividend, lol.
There is one good stock on the board that has no right to be in the pennies and it is QASP. If you do DD on it you will find out why. We have posted tons on it in this thread.
Take for instance EVFL. Say I have 500 dollars in it right now. I have it at .0001. For each .0001, I get $500....say it runs up to .0010 or .0020 you can see what it is all about..I think .0010 is not out of the question at all when it does run and .0020 is not unrealistic. There is a lot of risk in this, mainly because of a lack of information from the companies. That is probably one of the biggest complaints. That sounds like SIRI, doesn't it? But surprisingly, we get more information than SIRI has ever voluntarily given out.
If you have any other questions, please ask...people here can answer them for you, as everybody here has a few under their belts now.
By the way, nice to see you here. ;)
Snails Willoughby -That is a great name..just call her Snails or Molasses...everybody will know what we are talking aboutQuote:
Originally Posted by just sirius
Go up about five posts and see what another guy posted and read the answer.
It is rhetoric bullshit. One answer fits all, the Universal Mind Care Option. :cool:
That's called "Sleight of hand". Watch this hand............while the other one takes your wallet, lol! :)Quote:
Originally Posted by thetree
We need some new emoticons or whatever they call them ...Quote:
Originally Posted by just sirius
"Snails Willoughby
That is absolutely hilarious! :D
BTW - Jeff, on your next email to snails ... try a few excalamtion points! :D
And no, you are not reading it wrong ... lol ... Ah, you guy's have made my day once again ...
I guess we give them till 'next week' , eh hem ... and then what? Torches and pitchforks?
Ramsey, correction there ... that should be "Nudge, nudge, wink, wink, know what I mean?"
Bill, Mullets suck! If you're gonna have long hair at least be cool about it, I still keep mine fairly long just due to the ugly shape of my head, it actually works in the reverse ... Too short and it looks 'girly' and yes, I am bragging that I still have it ... well, there goes that ... tomorrow I'll be Stone Cold Steve Austin ...
Dang Bill, which "we" are "we" talking about here? I must be on the wrong site or something ... eh, hem ... "Tens of thousands"? besides the king of SPNG (Speaking of, haven't heard from him lately ... did he buy a yacht?) I must be playing this thing all wrong, all I see is a sea of red numbers ...Quote:
Originally Posted by billhart22
You would be surprised the money some people make on here. I am in the thousands bracket when I make it. I am a flea on an elephant swimming in a pool of blood.Quote:
Originally Posted by Los Tiburones
What do you call those things that look like this? :gun:
I looked up mullets, because I didn't know what they were. I am still hazy...what is their trip? They seem to be kind of conceited.
I revised my post...I stretched it between the extremes. Now I have left the 100's of thousands out, though it has happened!Quote:
Originally Posted by Los Tiburones