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pennypinscher Free
06/07/07 3:31 PM
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Moderator pennypinscher
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A novice's attempt to make some worthwhile picks. Here's the deal. Since I am not a stock expert, and have no background in money or the stock market, I am trying to learn from my mistakes and, to follow and learn from the guys and gals here who I think have IT figured out. My approach is to take my money and have 40% of it in long term solid plays, 25% of it in quick trades and speulative plays,and 35% of it in cash, ready to add on dips or average up or down based on what is happening. The tough part is keeping the freed up cash on hand. Hope we, if there is a we, can make share our picks and info on making good picks in the future. Currently: 3/2/2007 ACMG- looks like it will turn around very soon... GBDX- has come down after a wild ride. looking to bounce... TSSP,WRNW- possible bottom plays (I hold WRNW) NVMG- keeps of trucking. Seems a very solid HOLD (I hold NVMG) DJRT- just noticed. Beaten up lately. looking to bounce... 3/6/2007 picks: almost everything got hit Monday NVMG- hit hard (I own shares) PMCL- wow. no signs of a turn yet. hopefully near bottom WRNW- major FRI selloff. Held ground today with good volume (I own shares) ACMG- good volume into close. should turn around soon ELRI- good accumulation. Could bounce when Williams hits -80 SWMW- bounce play. check 60min chart. possible bounce off of .0068
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