Right?! They're like a bunch of school children over there.Quote:
Originally Posted by Dr. Dave
Oh, and MESA is back up over .27 FML!
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Right?! They're like a bunch of school children over there.Quote:
Originally Posted by Dr. Dave
Oh, and MESA is back up over .27 FML!
Hey Doc,Quote:
Originally Posted by Dr. Dave
Yep, PMU has been a good trader. It has been moving about 3 cents every two days. Not a bad idea to pick up 10,000 shares and make a couple hundred bucks a couple times a week. Right now, it looks like it might be breaking out with the rise in gold, so I think flippers might want to hold off. I'm in it for the long haul also though.
Shots, I think you are right. I'm in at .0001 for 400 bucks. If I get out now, I lose 20 bucks in brokerage fees and that's it. I'm putting my sell order in right now. Thanks for making me think about this.Quote:
Originally Posted by ShotsII
Yes, and on top of that, they are deleting posts which are too negative. That is what you call a real free forum (jeez). You know though, if you read one forum where a stock goes tits up, it sounds just like another forum that has bit the dust. Come to think of it...all of those forums there sound the same to me anymore. They are all the same characters...just different names.Quote:
Originally Posted by ShotsII
See all those other gold stocks? AU AUY BVN GFI GG GSS IAG NGX NSU RBY? Crazy. Seems gold will break out real hard, then pull back, if it the even 1000 line holds up, I'll likely double up. I bet mixed earnings reports may keep it afloat.Quote:
Originally Posted by candleman
You're probably right Bill.Quote:
Originally Posted by billhart22
I have noticed something tho...
If there is no bashing of stock XXXX happening, then the price of XXXX usually increases. If there is one or more bashers, XXXX price drops.
Its been that way for awhile. (At least to me it has.)
Has anyone else noticed this trend? If so, perhaps we could use it to catch the risers and soon-to-falls???
LOL! I keep asking myself that same question !Quote:
Originally Posted by ShotsII
I have perfected the art of quick drying stock cement. I buy it and it instantly turns into a drive way, no drying time needed, you can park your car on it before the funds clear ....
:D
I'm just waiting though, waiting for news, waiting for somebody to pop in Caddy Shack and take out Groundhog Day.
I keep thinking that at one point even SPNG was a sub-penny ...
QASP aquisition news is what I am ... do I dare say it? ... counting on.
Green Star Qualifies to Receive Special Status from Government of Serbia
Date : 10/06/2009 @ 8:18AM
Source : PR Newswire
Stock : (GSAE)
Quote : 0.73 0.08 (12.31%) @ 11:28AM
Green Star Qualifies to Receive Special Status from Government of Serbia
SAN DIEGO, CA, Oct. 6 /PRNewswire-FirstCall/ -- Green Star Alternative Energy, Inc. (Pink Sheets: GSAE; "GSAE" or the "Company") (http://www.greenstarae.com/) announces that the Company is qualified to receive the status of "Privileged Power Producer" from the Republic of Serbia's Ministry of Energy. Under adopted legislation, renewable energy source producers of electricity (except hydro power plants and biomass power plants larger than 10MW) will be eligible for a feed-in-tariff that is greater than current wholesale electricity prices.
In addition to a favourable sale price for renewable electricity, Green Star anticipates that it would benefit from a standardized power purchase agreement with the national utility Elektroprivreda Srbije (EPS) and guaranteed distribution grid access.
Mike Andric, CEO of Green Star Alternative Energy, stated: "The Company believes this adopted legislation may receive parliamentary approval very soon. The benefits are significant and would provide Green Star with a valuable base selling price for our electricity."
About GSAE
Green Star Alternative Energy is an environmentally conscious, renewable energy company working to develop more than 300 MW (megawatts) of clean electricity through wind energy. The corporate revenue model is two-fold: the use of a renewable resource allows not only for the creation of environmentally friendly energy, but the granting of carbon (greenhouse gas) emission credits which may be traded and sold. Green Star is pursuing a significant opportunity to provide clean energy to the growing Republic of Serbia and neighbouring European countries. Through a joint venture with key wind farm and power trading company Notos, Green Star will become the nation's first developer of wind power. GSAE is focused on green technology and sustainable energy programs like wind turbines, hydro electric power generation, and other renewable electricity models.
FORWARD-LOOKING STATEMENTS
This press release contains 'forward-looking statements'. These are statements concerning plans, objectives, goals, strategies, expectations, estimates, intentions, projections, developments, future events, or performance, underlying (expressed or implied) assumptions and other statements that are other than historical facts. In some cases forward-looking statements can be identified by the use of forward-looking words such as 'believes,' 'expects,' 'may,' 'will,' 'should,' or 'anticipates,' 'estimates,' or the negative of these words or other variations of these words or comparable words, or by discussions of plans or strategy that involve risks and uncertainties. Management wishes to caution the reader that these forward-looking statements, including, but not limited to, statements regarding the Company's plans, goals the estimates and assumptions, and the business strategy of the Company and other matters that are not historical facts are only predictions. No assurances can be given that such predictions and the estimates regarding mineral reserves, success of mining plans, or other projections will prove correct or that the anticipated future results will be achieved. Actual events or results may differ materially. Forward-looking statements should be read in light of the cautionary statements and risks that include, but are not limited to, the risks associated with a small company, the intense competition the company faces from others, and technological changes. Any one or more of these or other risks could cause actual results to differ materially from the future results indicated, expressed, or implied in such forward-looking statements.
CONTACT: (866) 955-GSAE (4723);
DATASOURCE: Green Star Alternative Energy Inc.
CONTACT: (866) 955-GSAE (4723);
The real worry is the freeze-up like MGLG and SPNGE. When I bought EVFL, I did the google map thing, and it convinced me to only put in $200, but, $200 in ASFX where bought would be worth almost 5K right now, so it's something to think about. The fact that Bill's standing sell hasn't gone thru is something to think about too. Of course, if it did spike to like 0.0004 where my sell has been sitting, that's not a bad profit either.Quote:
Originally Posted by candleman
I guess though, SPNG looked to be one of the better ones, and even it got the freeze up, so you can never tell.
Looks like it's gonna run... my guess to $1.25. Note, that's a guess.Quote:
Originally Posted by billhart22
Guys, these pennies are killing me.
If I compare OTC pennies to the AMEX, NYSE, and NASDAQ stocks I own this is how it works out over the last 5 weeks.
OTC penny stocks inlcuding SPNGE, which I can't sell..... a loss of 21%
NASDAQ, and the other over dollar stocks.....a gain of 5%
This points out 2 things to me.
First of all, I must not be good at the pennies.
Secondly, the pennies are really risky.
And third, It's better in the dollar markets. They may go down, but they usually come right back up.
OK, so that was three things....:)
The point is we are really in a risky business trying to chase big rewards with the pennies. In the dollar markets, the rewards are fewer, but they are steady, and probably a much safer place for our money in the long run.
Let's consider a few that I posted lately
JBLU up 8% in three days
S up 4% in three days
WEN up 5% in three days
I don't need to tell you where SPNGE, BCLE, BEHL, GSAE, QASP, and others are right now, you all know that.
My point is that we may want to reconsider these pennies and start thinking about 4 to 8 dollar stocks on the bigger boards. I think in the long run, they are a much safer bet.
That sounds good to me.Quote:
Originally Posted by Dr. Dave
Don't forget this aspect:
SAN DIEGO, CA, Sept. 29 /PRNewswire-FirstCall/ -- Green Star Alternative Energy, Inc. (Pink Sheets: GSAE; "GSAE" or the "Company") (http://www.greenstarae.com/) announces that the Company's Board of Directors have authorized a dividend of 3 common shares for every 4 common shares held by stockholders of record. This stock dividend is being done to provide a benefit to our existing shareholders, including those who have financed us through the company's ongoing development. As of the date of this release, GSAE has 16.25M publicly traded shares and a total of 26.25M shares outstanding.
I've got no problem with that.Quote:
Originally Posted by candleman
I dont plan on leaving pennies all together. Not at all. But considering all stocks is good business in my book.
I just threw my hat into the ASFX ring.
With the Governator ready to sign the bill this week or next, I see major upside potential.
Bought 33K @ .0632
And with that I gotta go for a few hours. See you around market close gentlemen...and Julie.
Go for it...this thread wasn't designed just for pennies. We just all got cheap all of the sudden and started buying pennies. :)Quote:
Originally Posted by candleman
I like regular stocks and pennies.
Ok, that was a bit more work than I like to do in a day. :)
Was incorrect in thinking I had something to do right now. I'm actually free until 1pm.
That's why I turn the amounts I put into these pennies way down (besides the reason for having to learn how they trade), and picked up a lot of them... I think you have to buy a whole splattering of them to play, since there's no consistent way to tell which will be pumped and get the followers... but if you get a pop on 1 or 2, you should cover the losses on the others... provided you do take money off the table on the way up on those 1-3 day runs. I'm considering yet another sell on ASFX today, even though the thing could base out and keep on trucking. Likewise, I'm looking for some exit points on these ones that are just sitting there, like QASP and BCLE.Quote:
Originally Posted by candleman
I've had a lot of fun, and I'm in the green on these things, but even if I made a large amount on them, I'd likely keep my buys still under $500 total.
Of course, all of our goals are different. I guess I'm more like you, being a tortoise and not the hare. I used to play much riskier - in fact, my options stuff is about as risky as it gets... actually too much... you can put $500 down, after a brief price pause on a pattern, and make more than 100% the next day, and your loss usually won't be more than 75% if things go ultra sour... rambling... but it's a tough game, and I haven't played in a while... almost did for gold but bought enough stocks.
Anyway, Bill says it's an open board, and I play the big boards, so I'm with you on the general market. I felt much better picking up those stocks yesterday, as they are less volatile, and less risky, and I thought my account had a beta of 1000. Funny too, as before I came on board, I thought stocks under $15 were ultra risky. Anyway, we all have our trading styles and risk tolerance, and I'm open to discuss big board stocks with you anytime.
That's why I'm holding the 1,000 shares I picked up last week, at least for one month. I want to see what this ride will be like. Might actually make some money!Quote:
Originally Posted by billhart22
As for QASP, I am going to keep holding. A lot of DD has been done on this company, and they are really real, doing business, etc. No indications of any type of smoke screen to be found. Plus...
1. They have acquisitions lined up, and paperwork being done right now on them.
2. The company is buying back shares on the open market right now. Of course, they want them as low-priced as possible. So, it will stay low for a while until they are done.
3. Once the buyback is finished, I see the acquisitions being announced and the PPS moving north, somewhat quickly.
I think it's worth sticking around for.
With BCLE, however...I have stuck around for almost 5 months now with little to no movement. I think that's a decent amount of time to commit to a stock. I will sell all remaining shares (at a loss) and probably buy more QASP with it.
BEHL will run again. The merger process will be fun to go through as a shareholder. IMHO.
The ask on QASP is now .0195. Any predictions if support at... falls?
It fell, what now?
Well Mr. Crab, I tuned into Spongebob Squarepants this weekend and Mr. Crab was in all of the episodes. You know, after seeing your name associated with the cartoon for so long as an avatar, it is kind of like watching you on T.V.. The fact that Mr. Crab is so money oriented really made it funny. He is a complete tight-wad.Quote:
Originally Posted by GoHerdGreg
I am just going to write BCLE off at the end of the year. I can use the write-off anyway, unless the skies open up, a bright light makes its presence and the good Lord shines down upon BCLE with tons of blessings. I am more inclined to think the write-off will happen.