Tuesday, June 2, 2009
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Pretty uneventful day, not nearly what I thought it would be, but good for those that follow this board. EGT, had a small spike to .24, then seemingly faded through the afternoon, and restored to .25. I sold at .23, fearing that it was on a typical pennystock spiral, and missed out. I think tomorrow will do good as well for this one. For some reason, I'm growing impatient with my stocks, and I'm losing some good runs. SQNM and EROC for example. Both have had spectacular weeks. Patience is the hardest thing to learn as a trader, and reading signals is the second.
LGTT, my old faithful, is still around, waiting for some glorious moment. For some reason, with this one, I have exceeding patience. I wish I could explain it, but I guess since I'm down 50% in this one, I'll hang on. The resurgence is near. ACTC has had numerous news stories...No sense in dropping it now. I like this one, and I think it's just accumulating now. APDN is another good one. The candle was great on this one today.
Another pick, that I have regularly had on this board was LJPC. It was ascending all day, and in the later part of the day, really gained speed. Got in at .41, which was a little late, but based on afterhours, I've already got my 10% in.
I've seriously contemplated starting a 10% challenge. I thought about this a lot today, and thought I could do it, and no doubt for the hundreds that are now reviewing this site, could add insight too. If I used:
Possible? Yes. Probable? I dunno. It's worth a shot. I wouldn't daytrade, so this could help those that are not at the $25k limit yet. I'm setting up a new account at Sogotrade, so I may use that account for that. Well, enough rambling. Here's my picks, and use your own discretion. I'll follow this posting with some tools that every stock trader should use.
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