Excited about my new stock purchase....

UDT89

Diamond Member
Jul 31, 2001
4,529
0
76
I did a search for stem cell and didnt find anything......

but this company found a way to harvest stem cells without destroying embryos.

I never buy a stock on news, but this news was too much to ignore. Opened this morning at 40 cents, i bought at $1.07

CLosed at $1.80

Some predict $3 tomorrow......i love gambling in the stock market. its fun.

Night all.
 

KLin

Lifer
Feb 29, 2000
30,479
780
126
Originally posted by: UDT89
I did a search for stem cell and didnt find anything......

but this company found a way to harvest stem cells without destroying embryos.

I never buy a stock on news, but this news was too much to ignore. Opened this morning at 40 cents, i bought at $1.07

CLosed at $1.80

Some predict $3 tomorrow......i love gambling in the stock market. its fun.

Night all.

It's fun until you lose all your money.
 

UDT89

Diamond Member
Jul 31, 2001
4,529
0
76
Originally posted by: KLin
Originally posted by: UDT89
I did a search for stem cell and didnt find anything......

but this company found a way to harvest stem cells without destroying embryos.

I never buy a stock on news, but this news was too much to ignore. Opened this morning at 40 cents, i bought at $1.07

CLosed at $1.80

Some predict $3 tomorrow......i love gambling in the stock market. its fun.

Night all.


It's fun until you lose all your money.

well if it opens at $3 and hits $5 by lunch, im out with my 5x. maybe buy back in. but i dont see this going down for a few weeks

 
Oct 9, 1999
15,216
3
81
penny stock.. BEWARE!!!!

OTCBB used to be not regulated and lot of pump and dump scams took place there. I would do complete research.. its worth if teh company has an SEC10K filing.. forward looking statements isnt in lieu of income..
 
Oct 9, 1999
15,216
3
81
well looks like the filed an 8K and SEC10K.. but i would still be aware.. OTCBB is such a bitch sometimes.. remember you are dealing with smal amount of stocks and hence price flucutates quite a bit..

be ware.
 

posterboy

Member
Jul 27, 2006
66
0
0
as a firm believer in the efficient market hypothesis (EFH), i believe that stock chasers (aka naive investors) will never beat index funds and most likely never end up ahead in the long term. atleast not more ahead than if they had just invested in lower risk securities such as bonds.
 

Miramonti

Lifer
Aug 26, 2000
28,653
100
106
I'm normally totally against this sh!t but it looks like you chose a great opportunity as there seems to be a lot of confidence in their statement. Even if its wrong it will take a while to determine it. Eight million shares traded and a 3 hour rally means a helluva lot of people are buying into this, which is not your normal rigged pump-dump penny stock situation.

You could always sell some of your shares to lock in a percentage of your profits just in case as well.
 

everman

Lifer
Nov 5, 2002
11,288
1
0
Originally posted by: posterboy
as a firm believer in the efficient market hypothesis (EFH), i believe that stock chasers (aka naive investors) will never beat index funds and most likely never end up ahead in the long term. atleast not more ahead than if they had just invested in lower risk securities such as bonds.

You may want to revise that opinion.
 

vi edit

Elite Member
Super Moderator
Oct 28, 1999
62,484
8,345
126
Originally posted by: crownjules
Why did you decide to get out? Was 100% gains your profit target?

It dropped almost 20% as soon as it hit open markets this morning. Opened at like $2.25 and then just dropped, dropped dropped. It was down to $1.86 last I saw.
 

Nerva

Platinum Member
Jul 26, 2005
2,784
0
0
you are a fvcking insider trader arent you. i hope who ever gave you the information gets nabbed by the sec and nasd and kicked out of the securities industry.