FiBTLforlife Posted May 26, 2009 Report Share Posted May 26, 2009 due to the mass of emails and messages ive gotten for the stock market ive decided that ill post all info on this thread for people just reading this. how etrade works, what stocks to buy, when to buy, why buy, charges and fees, total loss of your money, % of losing ur money, how to buy a stock, how to sell a stock ect hey guys, i was just wondering if anyone else on here played with the stock market with penny stocks. I'm currently going to college and find it fun to play around with to make some extra cash on the side. i had to learn the hard way that the more higher dollar stocks are harder to make money on. so i mostly deal with stocks in the price range of $0.05 or $0.0002 something along those lines. they are so easy to make money on bc u can buy over 70,000 shares for nothing and when it goes up a penny u come out with a few G's. anyway, just wondering if there are anymore stock market investers here like me. my latest luck i had was on a pharmacy stock i got for $0.03 a share and got 2,000 shares. so i had like $60 invested. i sold it the other week for $1,400 bucks. what pissed me off was my ipod was dead the day before so i never checked the market and the stock was up $1.75, i would of make over $5,000 almost...but i was a loser and waited the next day and seen it at $0.69 a share and sold it for my $1,400....all in all i think everyone should consider playing with the penny stocks, if u got $50 to gain or lose i say go for it, u have better chances of making money then playing the lotto or going the slots at the casino !!!!!!!!!!!!!!!!!1 2 AQ 10'' HDC3 copper subs 1 3500d AQ amp 146.3db on TL with stock electrical in single cab truck at 32hz RESULT: 1st place at comp, 3rd overall out of 20 cars Link to comment Share on other sites More sharing options...
jvillefinest Posted May 26, 2009 Report Share Posted May 26, 2009 i have wondered about how this works. obviously people dont get rich off of penny stocks for the most part but a few dollars here and there. thats a cool idea and i have wondered about it. I assume you use some kind of site to help you out. which one/s do you use? 2007 Acura TSX Stock Navigation Rockford 360.2 (FOR SALE) Sundown SAZ3500 2 12" DC Sound Lab LvL4 @2ohm JL 600/4 2 Sets of Focal 165K2P Link to comment Share on other sites More sharing options...
_AnGeL_ Posted May 26, 2009 Report Share Posted May 26, 2009 i have wondered about how this works. obviously people dont get rich off of penny stocks for the most part but a few dollars here and there. thats a cool idea and i have wondered about it. I assume you use some kind of site to help you out. which one/s do you use? x2, this is interesting, a few extra bux now and then wouldnt hurt. Head Unit: Pioneer Premier Deh-600ub Front Stage: (2) Whip Audio 8" Mid-Bass (2) Whip Auido 6" Mid & (2) Audiopipe ATX-3720 Amps: (2) Cadence TXA300-4 Amp Kit: Knukonceptz Coming Soon: already ordered Sub: 2 DD T1508's Amp: Sundown saz-1500 Tired of the lag? Come get crunk! Link to comment Share on other sites More sharing options...
jvillefinest Posted May 26, 2009 Report Share Posted May 26, 2009 and if nothing else you got some experience investing 2007 Acura TSX Stock Navigation Rockford 360.2 (FOR SALE) Sundown SAZ3500 2 12" DC Sound Lab LvL4 @2ohm JL 600/4 2 Sets of Focal 165K2P Link to comment Share on other sites More sharing options...
Torres Posted May 26, 2009 Report Share Posted May 26, 2009 i talked to my mom about it. she's been lightly investing in stocks and says it's not easy. which i think is already obvious or everyone would be doing it. i wanna look into it. start small and work my way up. pay off some credit debts. buy more audio i'd also like to know which sites to use. i googled some but havent looked deep into them too much Link to comment Share on other sites More sharing options...
BobbyG2 Posted May 26, 2009 Report Share Posted May 26, 2009 As someone who only makes $7k/year, this seems like a really good idea! How can I get started? *New vehicle and system coming soon.* Link to comment Share on other sites More sharing options...
FiBTLforlife Posted May 26, 2009 Author Report Share Posted May 26, 2009 ok guys this is how it works. I use etrade and it charges you $12.99 to buy into stock and sell your stocks as well. so your looking at a $25 loss off the bat so you need to make sure you profit will exceed the $25. next the stock market is so shitty right now you can pretty much profit off of anything. ive been into uranium, silver, and pharmacy companys, also chicken companies as well. join etrade, make an account and u will have about 2 weeks bf u can get started. transfer some money and buy some stocks. dont buy main companies that will cost you $1-$10 a share, get smart and go for the cheap companies. like i said the pharmacy stock when up over 2,000% in one day. that 2,000% interst buddy not bad for a two month investment. ive been in this for about 4 months and have already profited around $2,000 off penny stocks. this is no joke guys, do some short research on what u want and go for it. here are some stock im in now, but i got these when they was like $0.30 a share MGAFF (uranium) PGPDQ (chicken) and one everyone should look into is BCFT $0.002 a share and i got 75,000 shares. its high was $1.10 last year and has promising drilling results. just an FYI 2 AQ 10'' HDC3 copper subs 1 3500d AQ amp 146.3db on TL with stock electrical in single cab truck at 32hz RESULT: 1st place at comp, 3rd overall out of 20 cars Link to comment Share on other sites More sharing options...
FiBTLforlife Posted May 26, 2009 Author Report Share Posted May 26, 2009 put it this way guys, these penny stock let me come out with this little beauty for my future wife. off of $50!!!!!!!!!!!!!!! i didnt know nothing about stocks, i just read stuff like everyone else does. hit me up on here for any Q's http://i299.photobucket.com/albums/mm303/F...81617_MV_LG.jpg 2 AQ 10'' HDC3 copper subs 1 3500d AQ amp 146.3db on TL with stock electrical in single cab truck at 32hz RESULT: 1st place at comp, 3rd overall out of 20 cars Link to comment Share on other sites More sharing options...
FiBTLforlife Posted May 26, 2009 Author Report Share Posted May 26, 2009 i talked to my mom about it. she's been lightly investing in stocks and says it's not easy. which i think is already obvious or everyone would be doing it. i wanna look into it. start small and work my way up. pay off some credit debts. buy more audio i'd also like to know which sites to use. i googled some but havent looked deep into them too much actually not everyone does it bc not everyone knows its this easy. thats what they want you to think. if you spend $100 on a $0.0002 stock and buy like 500,000 shares and that company goes to $0.01 or little more you have over $5,000 and sometimes u get luck and go to $1, you have half a million. my friend got me into it after he came out with $20,000 with the MGAFF stock. so dont let people (your mom) say its hard, i bet u can make more than she does.... people make the wrong mistake and buy into wrong things. they miss the concept of the situation, you are buying stocks to make money not sit on them for 2 years. if you buy a stock for $20, just how many shares u think u can afford and if that stock goes up to $25, u got what 20-30 bucks tops, verses you buy pennies stocks and u own 3-5k shares and it goes up 5cents, u get what im saying 2 AQ 10'' HDC3 copper subs 1 3500d AQ amp 146.3db on TL with stock electrical in single cab truck at 32hz RESULT: 1st place at comp, 3rd overall out of 20 cars Link to comment Share on other sites More sharing options...
Lynbo Posted May 27, 2009 Report Share Posted May 27, 2009 Hello FiBTLforlife good luck with the markets I never played in the stocks, but did spend a year daytrading the S&P e-mini and a few other commodities. The markets can be rewarding and humbling in your trading adventures. Are you taking the approach of a fundamental trader or technical trader? I was a technical trader during my trading adventure. Looking to get back into the markets soon this time I will focus on forex markets so have fun in the markets. Link to comment Share on other sites More sharing options...
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