Trading Stocks from Hilton Head Island.

April 26th, 2010 by admin 1 comment »

Hello everyone!

Just returned from a vacation in S.C at Hilton Head, it was amazing. The weather was fantastic, the water warm and full of dolphins. The restaurants were excellent. It was very relaxing I am not happy to be back and I’m still exhausted.

Trading stocks while in Hilton Head? Are you nuts. The family would’ve killed me. I just wanted to let everyone know I was still alive and functioning, while I catch up on the market you may want to check out these points of interest.

Our Penny stock forum is full of lurkers watching for the latest stock picks. We don’t run a hype board so its quieter than all of your pump forums. You know the ones the new penny traders tend to flock to.

This is a must read for those of you who buy penny stocks. If you haven’t visited our hope page check out everything you need to known about penny stocks.

If your looking for how to trade stocks with dividends on their ex-dividend date

Here are the stock market holidays and stock market hours.

Hope you find these links useful in your trading life. Some I check daily. I’ll have something new for everyone soon.

Dow 11,100 Time For Pullback!

April 14th, 2010 by admin 1 comment »


Settle in and prepare yourselves for a pullback here. Everything technical is suggesting the stock market will pull back. We are at a strong resistance point here. I just want everyone to be prepared, the news is screaming 11,000 and more to come. Some are also suggesting this means the recession is over. I personally think this is insanity.

Does anyone know why the stock market went up? Yes, it was an oversold bounce from March 09. Were there more reasons you ask? Maybe, but none that I’ve seen. This rally has come on low volume while the market was at a bottom and way oversold. During this time, the worlds economy was also going very poorly. With everything looking bad the good old U.S.A is as stable an investment that you can find especially when the technical analysis screams buy.

Unemployment bad, business tax situation bad, new hirings bad, gas and oil bad, debt bad, housing bad, and the stock market is running why? In my opinion its because of Technical Analysis and timing. During the election race and the end of the Bush cycle the market besides being oversold went down more than it should and there is some correcting going on. In order for the market to hold 11,000 and keep on running it will require some good things to happen and I do not see that happening at the moment.

According to the numbers there are a lot of day traders in the market but major investors are bearish on the current situation. Investment advisers begin to turn bearish at these types of major resistance levels. The safest bet for them here is to watch their investments but invest nothing new. This creates a tired look in the technical analysis, a kind of rollover point.

Don’t run out and sell your stocks today then start shorting ,but set up your portfolio for sells to maximize current gains. Figure out what you will sell and where when my call is proven to be correct. Never jump the gun on this type of call, You don’t want to sell to early or begin shorting too early. This can cost you a lot of new losses and missed gains. Today If I was trading the Dow, I would sell it and wait for a pullback, if I still wanted to own it. Then when it began to head downward I would short it to make some gains on the way to my pullback point. I will trade the stocks I own in a similar fashion. Some are ready to sell now and others I can give a little room to wait

This is my advice. I am not your professional trading adviser but I do understand the market. I am not a professional and any mistakes made are yours I can’t be liable. Keep it simple and take my advice to look at your portfolio here, either alone or with your trusted financial assistant. Play it right and you can capitalize on your gains and the downturn in the market, not like the last time it crashed when you just held on for dear life.

How to Buy Penny Stocks

April 6th, 2010 by admin 3 comments »


Penny stocks, microcap stock, or nano stock are the three main terms used for stocks trading under 5$. Most traders will use these terms as interchangeable. There is no set rule to determine a penny stock by specific definition. A broader definition refers to the companies outstanding shares and their market capitilization. This is a more accurate way of finding a penny stock than relying on the 5$ rule.

One way to find the market cap of a company is to multiply the price of the stock by the amount of outstanding shares. This will help you find the monetary value of the shares at any time. Penny stocks may be inaccurate in their share count, when calculating the market cap you may want to speak with the companies transfer agent and ensure you have the amount of outstanding shares correct. Penny stocks are traded on the OTCBB market by market makers. Commisions are made and there are tricks the market makers use to entice a trade. Here is a list of market maker (mm) signals.

Brokers often receive a commision for facilitating the sale of penny stocks. They can also make money on the price spread and will be able to buy and sell shares at the best times to make the most money for themselves. This spread is the difference between the bid and the ask. Penny stock spreads can be very slim or they can be 25 to 35% difference in price. Furthermore, there is what is known as the inside and outside bids. If someone tries to buy or sell a lot of shares the price will change instantly. Penny stocks also may come with a mark up in pricing due to the brokerage holding the penny stock for a period of time therefore holding it through risk.

Trading penny stocks is a dangerous process that can quickly remove the money from your brokerage account. Even with these problems and scams, many companies continue to trade penny stocks for the chance at an enormous profit and a chance to be in on the bottom floor of a ground breaking company or product. The best way to find a company is to research on your own, use reliable sites and brokers to help you find companies but be careful, there is a lot of money to be made scamming the penny stock traders. Always do your own due diligence.

Penny Stocks

March 30th, 2010 by admin 2 comments »


Penny Stocks are a very interesting investment. Many traders consider these types of stocks to be a little risky. A lot of traders avoid penny stocks whenever possible or completely. However, there is an opportunity to make a very large return, you just need to know what to look for.

Penny Stocks are any share trading under 5.00 but when i’m trading penny stocks I look for them to be under 2.00. Look for a company that is growing and new, with a minimal trading history. All penny stocks are trading this low due to tough financial issues and difficulties. Instead of investing in the struggling companies you could choose to invest in new and growing companies. Focusing on these types of companies allows you to minimize distraction and focus on companies that have the potential to become huge.

How do you find companies to buy?

Find the company your interested in by meeting the above criteria, then take a look into the industry. Is the industry growing, is it predicting to be hot over the next 10 years? How is the competition in the industry for the product or idea being marketed? Take a look at the industry as a whole and whether or not this companies product is worthy of your investment.

If everything is solid, then dig deeper into the company to find out more information about their operation. Find businesses that are different from others look for something that stands out with this company. Maybe they have a better product, better price or a more streamlined and financially sound company. Original products that you would be willing to buy are often signs of an interesting investment.

When you take a look at the companies financial situation there are many things to look for. These are penny stocks, you will find them with negative income and in debt. This is natural, often these companies are just beginning and it takes money to make money. This is often the situation with new companies. When your company is in this situation, look for them to have a line of credit available or some other source of funding.

Finally, look for a stock of a company that maintains strong communications with shareholders. When you can read periodic updates from the business, either on a website or some type of newsletter, you can keep up with exactly what is happening within the organization.

When you begin buying penny stocks you will find yourself making huge gains (addictive) and taking some losses. Ensure you can look back to find out what you missed on the bad trades. Learn from your mistakes and try to limit these losses in the future.

Use the penny stock tips you find on our penny stock forum and the hot penny stock picks that are randomly placed upon this blog.

Where is my Penny Stock Watch List?

March 29th, 2010 by admin No comments »

I know, and no results either from last week.

On results: I know some of you are lazy :) but you can pull them up.

I’m late on the watch list and the results due to a busy weekend. Sorry about that, I do them for my own trading and since I type fast I normally post them for you. If I make one for the week I’ll post it.

I hope I’m fogiven.

Have a great week of Trading!

Penny Stock List March 21

March 21st, 2010 by admin No comments »


AGAIN! These stocks you put on your watch list, and when they begin to pick up in volume and move positive is when you buy. Don’t just buy the list now.

BFRE .37 ethanol. Has flatlined for a while just under .40 positive divergence happening, ready to pop.
BMNMD .85 double bottom.
MBCI .51 triple bottom and nice candle look for pop soon.
SNKTY .91 setting up nicely.

OPCO .71 staircase straight up.
SUWN .38 I thought this was done thursday but came back strong friday. I’m expecting a rest but we’ll see.

Just 6 penny stocks. Easy to keep track of them as we watch the news and the market as a whole.

Results: March 14 Penny Stocks List

March 19th, 2010 by admin No comments »

BFAR made a few more cents but stalled like we figured.
NTUR holding that bottom, MACD ready to cross positive. Keep on watch.
IPMN continued that strong run but then topped out. wait for a pullback.
ITEX run died where we alerted.
STTN still looks weird and holding its own with a large drop in RSI

AIDO didn’t really move, its holding just under .03 watch for the 50 dma to push it up.
DSHL ran up over 100% but pulled back under the MA’s moves very nicely!!

NCOC popped a little off that bottom. pulling back, may double bottom.

Finding Profitable Penny Stocks

March 18th, 2010 by admin No comments »

Penny stocks are the stock offerings of companies that are too small or have little capital and therefore have more shares out in the market. These shares are then lower priced than the major exchanges. Informed penny stock investors like these OTCBB stocks due to the limited amount of money needed to invest, and the possibility of making huge gains. Often new traders to this market wonder: How do I find the best penny stock picks?

How do I choose profitable penny stocks to buy?

In order to select the best OTCBB stock to buy, you will need to look at the technical analysis and the fundamental analysis of the company. You also want to investigate how long the company has been operating and whether they have a history of reverse splits. Take a look at how the price is, has it dropped recently, has it exploded recently and try to find out why. With all stocks it is a great sign if you find the company is being invested in by the owners of the company. This is called insider buying.

It is very important but extremely difficult to find quality information about the company. This is very important in order to be successful trading these stocks. It will help limit your losses and poor investments.If you need help in finding these types of stocks there are many services and newsletters around some are free and some cost money. You can always find great information for free at our forum and read our blog which has penny stock picks and watch lists.

Remember most penny stock services whether paid or free are not able to live up to their expectations. At times they are great for ideas and if you want a quick trade. Often companies pay for the service of these stock picking sites. If you have been looking at penny stocks for any length of time you will know exactly what I’m talking about. If you are looking for great penny stock information, you have found the right place.

Penny Stocks List to Watch- Week of March 14

March 14th, 2010 by admin No comments »

 

Again, DO NOT BUY these stocks are on a watch list, if you see positive volume triggered then jump in, these are poised for a run but may not be quite ready.
–look at our results list for last week, there are a couple stocks still on watch from then.

BFAR went from .50 to .94 Friday. Probably the end of the run as we’re at heavy resistance but watch it anyways.

NCEN .42 near a bottom. Setting up positive divergence.

NTUR .80 low floater so chart is weird but likes to pop from lows.

IPMN .28 up about 200% in a few days. Petroleum play with room to run.
ITEX resting at .85 has room to run last 2 candles signal pullback.

STTN .60 tough chart to read but has been hot.

AIDO .03 low float. Weak Cup and Handle forming, ma’s making a bullish cross.

DSHL might have found its bottom as a subpenny Friday. Back up over .01 by end of day and closed at high.

NCOC looks like the bottom was hit. .60 now.

Good Trading!

Results: Penny Stocks List

March 12th, 2010 by admin No comments »

Results from last weeks Penny Stock List to watch.

AMNP at .30 is now .42 and at the high for the day, looking great.

PTOS .275 is now .25 keep on watch but chart is looking worse now.

SNDZ .44 still bottoming after a drop from 2.00 watching for a bounce still.

APNT .35 and running, stalled right there never a buy.

SCLX after a great friday. Popped to .95 from .70 a lot of it was gap so it ended up being unplayable.

TBIO .83 stalled right there, holding the .80’s though

STCA is just flat, chart was good looking worse.

Leftover from prior weeks Penny Stock List

AEXP bouncing a little

CPCF popped nicely from that bottom .75 now.

See you on Sunday!