StockFetcher Forums · Filter Exchange · penny crap pick<< 1 2 3 4 5 ... 12 >>Post Follow-up
13th_floor
724 posts
msg #53374
Ignore 13th_floor
7/23/2007 9:06:52 PM

MCCY ...Media City Corp.

This one came to my attention on 7/19 at .30 it now trades at .45

This one like DCBI also has news and like DCBI traded 3 million shares today.

Maybe worth dd on it if interested in pennies.

I'm in both stocks but I tolerate risk well.

This is NOT a recommendation to buy.

13th

jrbikes
624 posts
msg #53378
Ignore jrbikes
modified
7/23/2007 10:40:11 PM

I do not buy on any reccomendations anyway, seen those, been watching for a few days, I liked GTRE 5 days ago, look at it now!

I need a penny freind!

13th Floor, if you ever want to compare notes on pennies, let me know

hey, you know what, it is amazing that all this talent is on SF and no one really likes pennies, just imagine what could happen if, aaahhh, nevermind!

call me! LOL

watch these just for fun MVBY, HAZH, SSVG 7-23-07

MCCY good one! dang pennies!

nikoschopen
2,824 posts
msg #53381
Ignore nikoschopen
7/24/2007 1:29:56 AM

Hey penny fiend,

I'm sure you have a fellow penny fiend somewhere among our midst. ;)

Remember, it ain't what or how you trade but how not to trade that will give you another lease on trading life. Be sure to exercise a good money management practices and ALWAYS ALWAYS use stops.

jrbikes
624 posts
msg #53385
Ignore jrbikes
7/24/2007 7:30:03 AM

HEY Niko!

I get by with a little help from my (penny) friends!

pennies get a bad wrap, if you dont use stops on pennies or anything else, then I must confess, you are CRAZY! LOL.

Penny Mogul, thats my goal!

Its funny how many pennies go through the roof, only to succumb to gravity in an instant!

later!


dbyrt
70 posts
msg #53390
Ignore dbyrt
7/24/2007 8:50:09 AM

I agree generally. I've made some amazing percentage gains on these, but also the opposite. e.g., GRUS and PXIT

But, just a point to remember; the stocks you mention, 3 are OTCBB and 2 are Pink Sheets. Problem with these (besides the obvious manipulation that goes on at our cost), is that you can't place stops on them. A major issue if you hope to always avoid being burnt on a big fall. Also, a lot of online brokers won't let you place a trade on Pink Sheet without having to call them. An issue if you then want to quickly change the price when it starts moving.

Good luck.



nikoschopen
2,824 posts
msg #53409
Ignore nikoschopen
7/24/2007 2:26:13 PM

To base the profit/loss on percentage is completely flawed in my opinion. A stock like GOOG can easily move 1% or more in any given day, which translates into 5 points or more. That 1% is comparable to over 500% for a penny stock worth less than $1. Plus, 100 shares invested in GOOG would be roughly 50,000 shares for sub $1 stocks.

karennma
6,828 posts
msg #53411
Ignore karennma
7/24/2007 2:32:01 PM

Hey JR:
MCCY up huge today!


karennma
6,828 posts
msg #53412
Ignore karennma
7/24/2007 2:33:02 PM

oops sorry.
That's was "13th Floor's" pick.
Good one!!


13th_floor
724 posts
msg #53413
Ignore 13th_floor
7/24/2007 2:55:22 PM

We had a great few minute pop to .70,I'm gonna try and hold as much as I can,
I'm in at .325 from last week ...if it wasn't supposed to have more news on Friday and a CC on Monday I'd have taken a double at .65

13th

karennma
6,828 posts
msg #53418
Ignore karennma
7/24/2007 3:45:57 PM

I have NO filter that EVER would've given me MCCY.
Congrats!


StockFetcher Forums · Filter Exchange · penny crap pick<< 1 2 3 4 5 ... 12 >>Post Follow-up

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