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TranceAddict Forums > Main Forums > Chill Out Room > Buy low Sell high
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Vivid Boy
TA's GodFather



Registered: Sep 2001
Location: T.O
Buy low Sell high

anyone in the penny stock game?

I am currently watching MELY and EMYSF.

I want to jump in but speaking seriously, I have no clue what the fuck I am doing when it comes to stocks.

Old Post Jan-29-2013 18:42 
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wienerschnitzel
Supreme tranceaddict



Registered: May 2003
Location: out west

On a related note if anyone is looking for a pair of Beats... Eric has a few pairs to sell.

Old Post Jan-29-2013 19:16  Canada
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Vivid Boy
TA's GodFather



Registered: Sep 2001
Location: T.O

I'm telling you it would be like highschool all over again. selling first years mushrooms from the store telling them they'd get fucked up.

Old Post Jan-29-2013 19:17 
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Jon_Snow
Guest



Registered: Not Yet
Location:
Re: Re: Buy low Sell high

I'd "short" MELY

Old Post Jan-29-2013 20:13 
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Lagrangian
Suspended User



Registered: Feb 2012
Location: Mountain View, Santa Clara, California
Re: Buy low Sell high

quote:
Originally posted by Vivid Boy
anyone in the penny stock game?

I am currently watching MELY and EMYSF.

I want to jump in but speaking seriously, I have no clue what the fuck I am doing when it comes to stocks.


you got it! just keep studying the charts, yahoo finance is great for simple analysis (google is catching up). Demo trade for a while, and then invest accordingly.

Golden rule: only risk 2% of your capital at once.


___________________
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Old Post Jan-29-2013 20:25  Norway
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Chimney
Low pH



Registered: Oct 2008
Location: Helsingborg
Re: Re: Buy low Sell high

quote:
Originally posted by Lagrangian
you got it! just keep studying the charts, yahoo finance is great for simple analysis (google is catching up). Demo trade for a while, and then invest accordingly.

Golden rule: only risk 2% of your capital at once.


Can you fill us more into info about what those things are? Been meaning to slowly start with these things as well.

Old Post Jan-29-2013 20:34  Sweden
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enydo
~



Registered: Jan 2008
Location: NYC
Re: Re: Buy low Sell high

quote:
Originally posted by Lagrangian
you got it! just keep studying the charts, yahoo finance is great for simple analysis (google is catching up). Demo trade for a while, and then invest accordingly.

Golden rule: only risk 2% of your capital at once.


Shut up you fucking Jew.

Old Post Jan-29-2013 22:07 
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enydo
~



Registered: Jan 2008
Location: NYC

*filthy

Sorry.

Old Post Jan-29-2013 22:08 
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Looney4Clooney
Supreme tranceaddict



Registered: Apr 2010
Location:

why are you wasting your time when there is an F class missile silo for sale and it is under a million. And it has already been retrofitted.

http://www.missilebases.com/adirondack

I fucking begged my parents to buy it. These are so fucking rare. Not sure how it survived the whole treaty regardind silos and their destruction.


___________________
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old stuff from days gone by (2001-2004)
Mad For Brad's gay little contest

Old Post Jan-30-2013 03:03 
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Spacey Orange
still loves trance.



Registered: Jul 2004
Location: California

its been proving that chimps have outperformed or performed as wells as experts, so if you want to invest passively then you're just better off investing in mutual fund or an index fund and hold on to it for fifty years.


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My mixes:

Still up:1:2

Down:3:4:5

Old Post Jan-30-2013 03:56  United States
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Vivid Boy
TA's GodFather



Registered: Sep 2001
Location: T.O

I dont think people give chimps enough credit. They do everything first. They were the first ones in outter space way before humans did it. They tried all your favorite products first.

Chimps are the worlds true fuckin hipsters they did everything before it was cool.

loser humans

Old Post Jan-30-2013 04:06 
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Nrg2Nfinit
ItaloDiscoAddict



Registered: Sep 2001
Location: Ottawa

Lol

penny stocks are a waste of time (unless you have a hot inside tip) which in any case is probably illegal.


some decent ones to look at (i'm in and out of these often)

on the TSX:

CEE
DML
UUU


The trick really is to watch out on when the insiders sell out of these. If they are holding large and continue to buy more, follow their lead. Sell on news, buy on rumor.

If you don't have much money (or dont want to spend alot) but you want huge sway, i suggest you look into buying options

its a cheaper strategy

Old Post Jan-30-2013 04:07 
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