SOAL - A traders thread

[CorbLand]

If your going to do penny stocks, it would be best to pick a few and spread it out.

Another way you could do this would be to pick a handful and post them up. Then have a few people do the due diligence and post up the pros and cons. Spark conversations and narrow it down until you have a couple remaining and then go for it.

Either way, would be fun but I don’t have 1000 to risk right now. Will be fun to watch you all though.

 

[LFC911]

@Kimber7man

 

[grfox92]

Either way, would be fun but I don’t have 1000 to risk right now. Will be fun to watch you all though.

Same here. I could sell some dud stocks I own but it wont be $1k.

Sent from my SM-S931U using Tapatalk

 

[Poser]

 

[twall13]

I'd be in for $1,000 max. I think it would be a fun experiment. That said, I haven't had much time lately to research stocks so I don't have any input on good candidates.

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[svivian]

I’m only in if the name is changed to Stock Trade Of A Lifetime

 

[Kimber7man]

I’m in for anything up to 1k. Heck it’s this or buy another share of Lilly…

I don’t have an amazing pick. Heck, we could get another tariff thrown at something tonight or tomorrow…..

 

[TSAMP]

Im in if we pool the profits to get a kid some swaros

 

[Ucsdryder]

Why does it need to be a penny stock gamble? I said nothing boring. We don’t need to throw a $1000 at QQQ or something safe and boring, but it doesn’t need to be a $0.90 biotech stock either. Heck, it could be archer or pltr for all I care. Reading the other thread, every day we hear about someone doubling their money on a stock, so let’s do it!

This shouldn’t an all or nothing, double up or zero. It should be a 1000 of your current portfolio that you invest in a semi aggressive stock and in a year (that makes sense) we see where we’re at. If it tanks, we’ll blame each other, if it works we can throw a few bucks at HOWL.

Or we delete the thread and I’ll go back to seeing guys talk about all the money they made on the roksliders thread!

 

[Pharmseller]

I’m in

 

[Maverick1]

Approximately 85% to 95% of active professional money managers and day traders fail to outperform market benchmarks like the S&P 500 over long-term periods (10-15+ years)
. While short-term success (1-3 years) is more common, consistent, net-of-fee profitability for professionals is rare, with data indicating that over 90% of actively managed funds underperform in the long run

 

[Billy Goat]

Is bitcoin over?

Can we have a ROKCoin?



I might bite on a SOAL deal, I missed the first.

 

[ddd-shooter]

Im in if we pool the profits to get a kid some swaros

Best we can do is a tank of gas and some dollar general snacks

Oh wait

 

[bozeman]

This is like planning a hunt out west, at first, seems like a good idea, EVERYONE is ready to go, but as you get closer to buying tags and gear, they slowly start bowing out... fun to watch. No way I put my $$ up......do your own due diligence. For those saying they don't have the $$ to participate, I bet you could sell 25% of the hunting 'stuff' you have and havent used in 3 years and have the buy-in....just sayin.

 

[CJohnson]

“Hey babe, wake up, we are about to be rich.”

 

[MuleyFever]

This is like planning a hunt out west, at first, seems like a good idea, EVERYONE is ready to go, but as you get closer to buying tags and gear, they slowly start bowing out... fun to watch. No way I put my $$ up......do your own due diligence. For those saying they don't have the $$ to participate, I bet you could sell 25% of the hunting 'stuff' you have and havent used in 3 years and have the buy-in....just sayin.

Hey, I need that stuff in case I ever make 3 new friends that really want to go hunting but dont have all their own gear.

 

[Maverick1]

“Hey babe, wake up, we are about to be rich.”

Goes well with “Hold my beer!”……

 

[CHSD]

I would like to suggest that our leader of this SOAL, @Ucsdryder, edit the opening post and make a list of the stocks suggested so that all of our nominations are in one place. Make it easier for people to see them and do a little research on them before the big vote.

 

[LFC911]

Second, all those in favor?

 

[SDHNTR]

I'm going to bow out of this thread for 2 reasons;

1) Buying stocks with minimum info is a really bad idea. [I post my reasoning on stocks I buy]
2) Most guys are afraid to pull the trigger anyway and its no wonder

I post my ideas and the stocks I buy...and more importantly my thesis/my reasoning on the WHY I think it's a good buy or one to consider which I think is critical.

I get the feeling some guys think the markets are akin to a casino. The more info on these companies the better.

I don't want to call anyone out- but an example on the other thread is a penny stock someone mentioned as a good buy. It's in a potentially promising sector but It loses money every quarter, heck for its existence with no end in sight. I don't think the tech has that much promise and the history of these kinds of bets is a 1 in 20 chance of them panning out.

I'm not going to be part of a Roll the dice with penny stocks and have someone lose money because of my speculation.

EDIT- I don't want to sound like a dick, Do what you want with your $$$. I do know some that have profited greatly on these penny stocks...but they either got a very good tip, read-inside info- or they did a lot of homework and even then most of them are a bad bet.

I agree. I understand it’s all for fun, but this is not smart investing.