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STOCK PICKS!

I play with penny stocks from time to time, mostly I will watch a stock for a week or so to see if there is a pattern, such as it will have a pop when the market opens followed by a decline, I do not try to make big money, I will buy a stock that is 2-5$ per share, throw 10k at it, and get back out quick and make anywhere from 100-600, but yeah you can lose your ass on those, I always tell people that want to try it, to not put in anymore money than you can afford to lose.

exactly bro, what your doing is gambling 100 percent but it can be a nice little rush. I just don't think its worth it for many different reasons. the thing people forget is taxes. owning a stock for less than a year you get hit with the short term tax hit which takes a huge chunk of money then you add up fees from buying and selling and half the profits are gone. but I understand why people do it, just like scratching tickets lol
 
Amazon!!! 50k worth back at 455... amazon is gonna take over internet retail...
 
Amazon!!! 50k worth back at 455... amazon is gonna take over internet retail...

Real nice bro! Dont ever sell it. Amzn is taking over the world. I have a decent amount of shares at $638
 
Some I own..

Aggressive:

4k shrs FMCC 3.42 cost (room for upside) will only be adding another 1k if it breaks below 3.70/3.90
4k shrs FNMA 3.39 cost (room for upside) will only be adding another 1k shares if it breaks below 3.90/4.00

2k shrs FCAU 7.02 cost (at 11.45 id wait for a pull back to 10.69 to buy, if your interested in buying) This is a full position for me.

New position- 400 shrs UWT 24.58 cost (room for upside and adding at WTI below 52.50). May only own 600/800 in total. I used to trade DWT but that trade is over, WTI should remain above $50.00.

Buy at your risk...

j6

PS.. the above is only the speculative portion of my portfolio and will never be more then 50k capital at risk. Any gains (if any) above 50k level are usually moved to the other side of my portfolio.

Pss.. They only way I will add to the above positions is if, and only IF I sell 1k shares of FCAU which I may (or may not) do.
 
Last edited:

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