Jun 8, 2016

I am by no means an expert in the market but I do like making some good trades and finding gorgeous penny stocks

I actually pretty much only trade penny stocks cause I don't got koolo money and I can pick up more shares for cheap that have infinite potential

for ANYONE getting started, just go to the appstore and install Robinhood and follow the directions to set up your account and link your bank.

here's some companies on my watchlist.

GEVO (just picked this up this morning): they use renewable alcohol jet fuel. with their fuel, it helps planes lower their greenhouse gas emissions. they were up as much as 100% earlier today after Alaska Airlines announced they're gonna begin to use their fuel starting today.

I'm thinking this'll be a nice long term stock as other airlines start to pick up on using cleaner methods for fuel. interested to see where it'll be by the end of the month.

VNR: they been sleeping for a few months now and pretty much falling for the past year or two since oil been straight falling but since oil is turning around, there's really nowhere to go from here but up.

I've honestly wanted to sell this though cause I'm a little tired of waiting but I haven't broken even yet smh. picked this up around $1.80. if nothing happens within the next 3-4 weeks though I'll probably pull out regardless.

They do however have a 25% dividend which means for every share you own, they pay out 25% of what the stock is worth. so if it were at $1, you'd get 25 cents for every share you own 4 times a year.

AMD: I'm sure everyone knows what AMD is but if not, they make computer processors. their direct competition is Intel.

they got a nice 6 month chart going but a few different sources (The street rating, Jim Cramer) talking bout selling so Ima see where this goes these next few weeks. can't trust everything you hear feel me.

More stocks to watch: CLRB, CJES, BSPM

I been using this app lately that I highly, highly recommend called StockTwits. basically it connects to your Twitter and all the stocks you add to your watchlist have conversation from thousands of other people watching. great way to learn about the market and the specific stocks you're looking into.

Spoiler

 

Jun 8, 2016

oh, and I use OptionsHouse. only $4.95 per trade which is pretty much as cheap as it gets. only other company I know with that price is TradeKing, a company I used to have but I got my account locked

 

Jun 8, 2016

@Jet✞ teach me your ways in stock and finances. I'd love to invest with the little money I have.

 

Jun 8, 2016

A thread for stock trading for beginners would be dope

 

Jun 8, 2016

Hey spreadsheet get me a g.d. coffee or I'll cut your arm off

 

Jun 8, 2016

Use robinhood if you're not doing anything complicated

 

Jun 8, 2016

yeah, idk how I forgot about robinhood. my friend was just telling me about them a few weeks ago

 

Jun 8, 2016

y'all can learn a bit in here

I'd probably consider myself somewhat of a beginner as well

 

Jun 16, 2016

I use fidelity roth ira 7.95 per trade but the roth is pre taxed so u dont get hit with that capital gains tax (on dividends or w/e).

I been scheming on gm for a minute but am not convinced to pull the trigger

 

Jun 16, 2016

 

Jun 16, 2016

which ones did you end up picking up?

quick update on a few stocks from OP.

I lost pretty f---ing hard on GEVO. bought in at 1.22 then it fell like the next few days to 43 cents. i decided to hold cause at the point it wouldn't even make sense selling for that big of a loss. this one gonna be long term for me. they just got another deal today with Musket corp and they're up almost 20% today.

despite the negative reviews for AMD, it's still f---ing excelling. up almost a whole f---ing dollar today good lord.

just read up that even though oil has been on the uptrend, it could have reached its high and it might fall once more so..my VNR stock is in danger. down pretty hard today might have to pull out

 

Jun 16, 2016

Pulling out is the worst fam

 

Jun 16, 2016

Pdex is a monster penny stock right now. Its been killing it for me. Im up 33% on it and CEO made a comment on a big contract being on the horizon soon

 

Jun 16, 2016

the past two weeks i'm tryna start making some new trades but i'm tryna get a little closer to breaking even before i pull out and switch over to robinhood. really can't fade paying for every trade smh

d---, you a soldier for tryna get into TWTR lmao and yeah, AMD been low but steady rising for months now, can't go wrong there at all.

well i had most of my shares in MGT & VNR at the time so i only dropped like $100 on GEVO, n----s just waiting to breakeven now smh but it's getting buy and strong buy ratings everywhere so like i said, i see this one close to $10 before the end of year


hopefully

 

Jun 16, 2016

it's crucial to get into MGT as soon as possible

 

Jun 16, 2016

just found this new stock ECR..might wanna look into that one also