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Penny Stock Picks

Discussion in 'Making Money' started by NadiHassan, Feb 15, 2013.

  1. NadiHassan

    NadiHassan Registered Member

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    Hey all , pretty new here yet I love the place , so I'm going to be posting a few of my penny stock tips and picks here

    Just for the note : I do NOT promote them , nor am I taking anything for doing this . I do carry out most of the trades I declare / pick , and will always tell you my moves ahead . In short I am not pumping anything .

    Yesterday my pick (on my twitter profile) was (Short OPIX) which went down 50% yesterday.

    I would advise people to keep shorting it for today also

    Today's move : Short DEWM - it may go up today around 20% (a 50% chance) but it will crash end of the day or even better , at the start.

    Let's watch and see it. If you are interested in more picks PM me :)

    Happy trading !
     
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  2. NadiHassan

    NadiHassan Registered Member

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    Update : DEWM did indeed go up and now is going down on after hours. Short if you want to cash on quick money !
     
  3. evilclown

    evilclown Senior Member

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    Hey man, love to see some one looking to play on the pink sheets, but can you give us a little more about you? a record of your picks? Is easy to post stuff, a little more rep from building on your part will go along way.
     
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  4. DownTheRabbitHole

    DownTheRabbitHole BANNED BANNED

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    Maybe you should create a guide on your methods and how a intro for dummies FAQ. I've tried researching a bit before but I only end up finding blogs or articles of people promoting specific things for their own monetization.. Not actual advice.
     
  5. NadiHassan

    NadiHassan Registered Member

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    Hey Mate ,
    I currently day trade - I've been trading for over a year now (not too much I guess) and work a bit on financial software / forecasting (I run a tech startup and am a CS grad) . I used to post my picks on twitter for friends and stuff , and am working on getting sites out for my picks (soon). Some of my last picks were
    COWI (buy and then short before it crashed )
    TAGG (buy and hold for almost double gains )
    NSRS - Buy for 300% gains - Short Opix (fell 50% in one day) -
    Short PMCM (fell 60% in one day and some more after that) (I also made an alert to buy that , but that went down by 10% before I changed it to short)


    I usually state my trades , so my picks are my moves . I don't promote anything here :)
     
  6. NadiHassan

    NadiHassan Registered Member

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    I was going to launch a mini course on Udemy for that , as well as make a website and stuff - But I decided to share stuff here first. If you are interested in this sort of stuff (penny trading in general) PM me and we can chat :)

     
  7. its2die4

    its2die4 Regular Member

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    yeah i for one would definitely be interested in a guide or FAQ! and thanks for sharing your picks without expectation of anything

     
  8. NadiHassan

    NadiHassan Registered Member

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    Looks Like it will be a crazy Trading week ! Will post my picks tomm.
     
  9. MTUser2010

    MTUser2010 Jr. VIP Jr. VIP Premium Member

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    Picking my words carefully here, and making no statement about the OP's choices or motives, most money made in true penny stocks is pump and dump. And it not just my opinion, the SEC says so too: http://www.sec.gov/answers/pumpdump.htm That is the reason there is always a few email in my junk mail filter that hyping the next big thing that sells for under $.25. You can never underestimate human greed,

    So if you are not in on the scam, then you will be a dumpee and have your wallet emptied.

    As a former investor in the stock market, I wouldn't understand why you would want to invest in true penny stocks if you have good IM skills. You can make more through investments in websites etc.
     
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  10. NadiHassan

    NadiHassan Registered Member

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    True - I agree most penny stock plays are pump and dump. However making money on them can be done - Either going in early or shorting them latter. I don't believe they are the next big thing , and all I state is a simple honest idea of why I think they are going up or down. Maybe you can share a bit of your experience in the PS market :)

    On another note : I have a 80% bet that the Stock Misters pick will be (CHMP) Keep a close watch on that and try to get in early
     
  11. NadiHassan

    NadiHassan Registered Member

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    OK Market opens in a few mins -
    Today's plays :

    SHORT DEWM
    BUY CHMP at MAX 30% up. If it goes higher don't buy

    I will follow both - let's see how it works out
     
  12. NadiHassan

    NadiHassan Registered Member

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    Congrats to pick listeners : DEWM is down over 20% and CHMP is up 380% (My research was correct and it was indeed being pumped by the Stock Mister) Congrats ! I'll post my new picks Tom. ! :)
     
  13. string3599

    string3599 Newbie

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    I don't see how it would have been possible to take advantage of the CHMP pick since it pretty much opened up that high. Please help me understand what I am missing.
     
    Last edited: Feb 19, 2013
  14. NadiHassan

    NadiHassan Registered Member

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    Sometimes try to get the stock even if it's high - it closed .06 yesterday and I put a bid at .12 today 5 min after the bell - It closed .26 that would have left enough for a 100% profit
     
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  15. NadiHassan

    NadiHassan Registered Member

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    Hey all - Sorry I took a break. For tomorrow I would go with Shorting CNCT :) End of week play
     
  16. NadiHassan

    NadiHassan Registered Member

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    Back in Play - This time I'm pretty much looking for stocks that might go big sometime soon (near Breakout) . Again This is not any promotion . My last pick was a loser (which can happen) so let's see if we can make it up
    Good Buys
    DMHI Looks good - lots of people buying , even when it's in extended hours
    MCET Has a bullish trend upwards , looking good , but it has lots of promo experience
    MTCH - Trading cheap , almost at it's low - Maybe a bounce ?

    Good Sells

    CNCT (Again , this time might be good)
    SWVI ( This is long term , it might not fall today , but it will fall this week)

    Happy Trading :)
     
  17. jammie

    jammie Jr. VIP Jr. VIP Premium Member

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    Just be careful that there is enough liquidity in the market.

    Typically penny stock volume is somewhat limited and gains are reduced. Clearly you're a smart lad, why not leverage (at a safe rate) on traditional stock? at 1:10 leverage, a 1% move becomes a 10% profit ... but you have the added volatility, liquidity and the analysis you're performing translates well.

    Just my 2 cents!
     
  18. NadiHassan

    NadiHassan Registered Member

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    Good point (and legit too )

    Pennystocks are very volatile , but the factors effecting pennystocks are way more less than those effecting the regular stock market. I play them mainly cause they are more predictive (by spending tons of time seeing multiple cases) and less exposed then normal stock. Plus I never liked leverage - I don't like trading with someone else's money - never feels right
     
  19. oliver007

    oliver007 Newbie

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    nice post
     
  20. NadiHassan

    NadiHassan Registered Member

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    Hey all - Yesterday's picks both SWVI and CNCT fell over 30% - MCET went up a bit and DMHI Went up fast then crashed today.

    I got a new pick I think is gonna go big (it's midday , spent a lot of time on this) : EXPU - Very small , Very Liquid and can go very high. Some people are discussing a promotion for it sometime soon (nothing promoting it , yet). Trading at around .0011 cents this is a steal - Take a look at it and tell me :)