 Re: Stocks
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Joined: Dec 2007
Posts: 7,786
axiomite
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axiomite
Joined: Dec 2007
Posts: 7,786 |
Hold onto a losing stock. Don't ever sell it, until it gets really cheap. This is also called investing.
No, its called bad investing. What Warren Buffet does is called investing. Buy a penny stock. Watch it become even cheaper.
I knew a guy in university that traded penny stocks as a hobby. Small money. He consistently made 5-7% after brokerage fees. He had a system that worked quite well for him and he always followed it. There are many ways to make money in the market. The moment emotion gets into the equation it becomes gambling. From what I have seen, it is much harder than people think to keep your emotions in check.
Fred
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Blujays1: Spending Fred's money one bottle at a time, no two... Oh crap!
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Re: Stocks
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Joined: Aug 2009
Posts: 6,015
axiomite
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OP
axiomite
Joined: Aug 2009
Posts: 6,015 |
Concerning reits, haven't looked at them in a while. USA 10 to 20% ytd. Canada 70 to 110% ytd.
The things I listed have been my experience and observations. YMMV.
Concerning emotion. A good system takes emotion out of the equation as much as possible. Emotion happens when you get taken by surprise and don't know what to do.
Concerning Warren Buffet, he ends up buying enough of the stock that he gets some control over what happens in the company. Maybe not 100% of the time, but I've read that he does this. Then I'm sure he sells out before major losses. He wouldn't make any money if he didn't. So, theoretically all investors in stocks are traders. They have to bale sometime. Nothing goes up forever.
Last edited by CatBrat; 10/04/12 03:44 AM.
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Re: Stocks
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Joined: Aug 2009
Posts: 6,015
axiomite
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OP
axiomite
Joined: Aug 2009
Posts: 6,015 |
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Re: Stocks
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Joined: Dec 2008
Posts: 6,928
axiomite
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axiomite
Joined: Dec 2008
Posts: 6,928 |
That reminds me of the joke...
"How do you become a Millionaire?"
answer...You start off with a Billion dollars and buy an F1 team.
Half of communication is listening. You can't listen with your mouth.
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Re: Stocks
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Joined: Aug 2009
Posts: 6,015
axiomite
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OP
axiomite
Joined: Aug 2009
Posts: 6,015 |
Check out CTIX - Cellceutix Corporation. OTC-BB stock. This one might be the real deal. 6 drugs in pipeline. An emerging bio-pharmaceutical company. Treatment for autism, cancer with fewer side effects, and cancers that don't respond to other treatments. I bought 10,000 shares yesterday. (Not to be interpreted as, I jumped off a bridge, you go and do the same.) http://investorshub.advfn.com/Cellceutix-Corporation-CTIX-12580/
Last edited by CatBrat; 12/11/12 03:37 PM.
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Re: Stocks
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Joined: Aug 2009
Posts: 6,015
axiomite
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OP
axiomite
Joined: Aug 2009
Posts: 6,015 |
I may have picked a winner this time. While the market sinks, CTIX sings.
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Re: Stocks
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Joined: Aug 2009
Posts: 6,015
axiomite
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OP
axiomite
Joined: Aug 2009
Posts: 6,015 |
CTIX is doing nicely. At this rate, I'll be ready to buy the Axiom Audio company by the end of next year!
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Re: Stocks
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Joined: Aug 2009
Posts: 6,015
axiomite
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OP
axiomite
Joined: Aug 2009
Posts: 6,015 |
ECAU - Echo Automotive - New Zealand - Development stage company tha converts fleets of trucks into hybrids. I love parabola. http://www.echoautomotive.com/
Last edited by CatBrat; 01/29/13 03:34 PM.
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Re: Stocks
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Joined: Dec 2003
Posts: 10,420
shareholder in the making
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shareholder in the making
Joined: Dec 2003
Posts: 10,420 |
Careful on what you do with that one....... A lesson learned with Azure Dynamics
Jason
M80 v2
VP160 v3
QS8 v2
PB13 Ultra
Denon 3808
Samsung 85" Q70
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Re: Stocks
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Joined: Aug 2009
Posts: 6,015
axiomite
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OP
axiomite
Joined: Aug 2009
Posts: 6,015 |
Good posting. I didn't catch that. I was in and out of this one today. You can't stay in a parabolic for long, or you get your ass handed to you on a silver platter.
May trade it again. Just depends if it keeps running.
Last edited by CatBrat; 01/30/13 03:28 AM.
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