Stock Update - 04/30/09
Thursday, April 30, 2009
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This week has been my most profitable week by a long shot. As I'm in class on Tuesday mornings, and my greatest day in stocks was hindered. It was a dream day, and I missed out on unloading a bunch of BEHL shares. But thankfully, it looks like BEHL will recover again, even though it's had some mixed days since the spike to .008.
I have shares in BWNR, which I am somewhat mixed on. Bought in at .0006, and has consistently traded at .0005. Had a MM trade at 100 shares to .0004, which was aggravating. But nevertheless, someone, somewhere is loading up a boatload of shares in recent days. A number of transactions are occurring at the close of the bell, and quite honestly, I feel this thing is gonna launch. I would be happy with a .0010 day. Let's keep our fingers crossed.
I was using a new stock screener from www.stockfetcher.com, and seem to like it. Somewhat cumbersome, but I think it will give me the necessary data I need. I found OSCI last night, and had it on my watch list this morning. I was compelled the prior day to buy DCGN, but felt like it was going to be a long wait, so I sold it (broke even). OSCI looked like a prime stock, so I bought a few thousand shares at .15. The stock spiked to .23 - and I sold all my shares. I made $2k in three hours. There is something in my head that says, "Why are you working a full time job?"
Also still vested in AMNE and LGTT. Still looking for some good returns there. Will be updating the site soon with buy/sell history and pick performance.
BEHL won't be back at .008 or even .006 anytime soon. Once these things go vertical and plunge they keep plunging till the next pump. Yeah, i think your intuition is right on those other two that aren't doing anything. I'd dump all these and look for the next BEHL and sell once your up.
if you can't be at the computer try a limit sell order at what would be a good profit taking return. say you bought xyz at .01 and want to sell when it hits .02 use a buy limit order for .02 and it will sell automatically even if your away.
Good thoughts Anonymous. I think that the speculation around BEHL will drive the price up a little more - trading was fairly tight Thursday, and the revelation that the prior president dumped 75 million shares that drove the price down seems logical. I have used the limit orders, and with penny stocks, the MMs see the orders, and will deliberately not get to your sell order. You have to sell during the activity most times. JMO, and what I've experienced.