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Forums » General Discussion » The Water Cooler » Stocks
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#383621 - 10/03/12 08:00 PM
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![]() axiomite ![]() Registered: 12/06/07 Posts: 7786 Loc: Canada |
Originally Posted By: CatBrat 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. Originally Posted By: CatBrat 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.
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Fred ------- Blujays1: Spending Fred's money one bottle at a time, no two... Oh crap! |
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#383641 - 10/03/12 11:31 PM
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![]() axiomite ![]() Registered: 08/05/09 Posts: 6015 Loc: Milky Way Galaxy |
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. Edited by CatBrat (10/03/12 11:44 PM)
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#383725 - 10/05/12 12:41 PM
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![]() axiomite ![]() Registered: 08/05/09 Posts: 6015 Loc: Milky Way Galaxy |
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#383766 - 10/06/12 04:23 PM
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![]() axiomite ![]() Registered: 12/27/08 Posts: 6874 Loc: It's all about the location. |
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.
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Half of communication is listening. You can't listen with your mouth. |
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#386838 - 12/11/12 10:17 AM
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![]() axiomite ![]() Registered: 08/05/09 Posts: 6015 Loc: Milky Way Galaxy |
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/ Edited by CatBrat (12/11/12 10:37 AM)
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#387163 - 12/21/12 12:16 PM
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![]() axiomite ![]() Registered: 08/05/09 Posts: 6015 Loc: Milky Way Galaxy |
I may have picked a winner this time. While the market sinks, CTIX sings.
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#387250 - 12/24/12 01:44 PM
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![]() axiomite ![]() Registered: 08/05/09 Posts: 6015 Loc: Milky Way Galaxy |
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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#388947 - 01/29/13 10:20 AM
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![]() axiomite ![]() Registered: 08/05/09 Posts: 6015 Loc: Milky Way Galaxy |
ECAU - Echo Automotive - New Zealand - Development stage company tha converts fleets of trucks into hybrids.
I love parabola. http://www.echoautomotive.com/ Edited by CatBrat (01/29/13 10:34 AM)
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#388963 - 01/29/13 10:02 PM
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![]() shareholder in the making ![]() Registered: 12/26/03 Posts: 10415 Loc: Calgary, Alberta |
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#388965 - 01/29/13 10:20 PM
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![]() axiomite ![]() Registered: 08/05/09 Posts: 6015 Loc: Milky Way Galaxy |
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. Edited by CatBrat (01/29/13 10:28 PM)
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