So, which high risk stock should i get...
- Thread starter Shockwave
- Start date
Between the two, I'd buy EXEG.
I'm currently holding two high risk stocks: STHK (in at 2.99) and SYBD (in at 0.47).
I'm currently holding two high risk stocks: STHK (in at 2.99) and SYBD (in at 0.47).
Not a bad idea actually. Might actually go with SYBD and Hec..... Oh, decisions decisions.
Screw it, I'm just gonna buy a Powerball ticket
where do you find "high risk stocks" and decide they are worth investing in?
Also, which trader do you use?
Also, which trader do you use?
Yahoo.com -> Finance -> (Left hand column) Stock Research Screener -> Stock price min=0, max=1
My trader is Scottrade.com. He doesnt seem to care what I buy long as he gets his commission.
As for how I decide, well, since most are at rock bottom its mainly a crap shoot for me. Find the ticker symbol and check msn.com and yahoo.com finance sections (I prefer MSN's charts), read recent news, sec filings, insider tradings, check the P/E and look at the chart and see if they have the possibility of going up. In other words, with these kind of stocks...crap shoot.
I was looking at low-priced VOIP stocks and identified GTEL. I was looking at companies that had similar charts and noticed STHK. TA looked good, plus I really like their technology (they have a device that uses plasma to destroy hazardous waste. The flu gas is H2 rich and the H2 can be separated with a proprietary ceramic filter and the solid waste also has commercial applications) so I bought some.
I heard about SYBD on a forum for another stock I'm holding (ISR). I had been holding ISR for a while and rode it from 4 -> 0.5 -> 15. The guy who recommended SYBD correctly identified ISR's run, so I thought I'd check it out.
The markets for STHK's and SYBD's products are both multi-billion.
In regards to your second question, I use e-trade.
I think ive decided to sell my XOM stock, just not sure where to put the proceeds. Probably will end up doing most into a mutual fund, and then a little bit into a few stocks I decide to pick.
By the way, I'm holding GTEL too.
Put in an order for 150,000 shares at 0.037. 5,000 shares executed and then the thing shot up. It's been as high as 0.13 and is currently at 0.09. Win a few, lose a few.
Put in an order for 150,000 shares at 0.037. 5,000 shares executed and then the thing shot up. It's been as high as 0.13 and is currently at 0.09. Win a few, lose a few.
What forum? I'm in need of a good investment related forum focusing mainly on stocks. Time for a YAIT.com?
Originally posted by: Shockwave
What forum? I'm in need of a good investment related forum focusing mainly on stocks. Time for a YAIT.com?
Check this out. You can peruse several forums at once.
Are you serious about SYBD? Had you previously identified it?
Originally posted by: Riprorin
Originally posted by: Shockwave
What forum? I'm in need of a good investment related forum focusing mainly on stocks. Time for a YAIT.com?
Check this out. You can peruse several forums at once.
TheLion.com
Are you serious about SYBD? Had you previously identified it?
Checking out the website now. Nope, handt seen SYBD, although the more I look at it the more I'm leaning away. I'm going to dig around some more tonight.
what do you guys think about LU (Lucent technologies)? They've fallen hard and fast in the past, but I would think they might get back on their feet.
My opinion? I think within the next 1 to 2 years most of the t-com related stocks will rebound nicely. Including land line, wireless and equipment vendors. the past 2 months has been quite good on Sprint, PCS, Nortle and Verizon. I havent followed any others, but the Big Crash put most t-com stocks at an undervalued position so I would look for most of them to pick up nicely in the coming years.
My opinion, do with that what you will. For what its worth I'm holding Fon (Sprint), Pcs (Sprint) and just dropped my Nortel at about a 2 dollar per share profit.
EXEG has the far superior balance sheet. They are sitting on $0.70/share of cash, so you are effectively buying the business at a significant discount at $0.95/share. Of course just how much that business is worth is debatable. They are hemorraging money at an alarming rate.
HEC looks like a complete POS unless you have some kind of inside information to suggest otherwise.
Neither of these are "investments" that I would touch with a ten foot pole. Of course I know nothing about oil exploration or medical research, nor do I pretend to.
HEC looks like a complete POS unless you have some kind of inside information to suggest otherwise.
Neither of these are "investments" that I would touch with a ten foot pole. Of course I know nothing about oil exploration or medical research, nor do I pretend to.
Well, my pole isnt 10 foot. More like a 1 foot expendable
. I've got my "safe" investments, just have a few bucks left over and figured what the hell, I'll go for the long shot. Originally posted by: Shockwave
Well, my pole isnt 10 foot. More like a 1 foot expendable
For your "spare change" investments, doesnt the 7-15 dollar trade fees take a chunk out of the profits? (Im assuming thats 15-30 dollars total if you do a buy in, then sell out)
Trading penny stocks based on stock tips from internet message boards is a bad idea.
My advice would be to read up on the virtues of stock valuation and long term investing. Fool.com is a decent place to start.
My advice would be to read up on the virtues of stock valuation and long term investing. Fool.com is a decent place to start.
Sprint PCS scares me. They are a huge player in what is obviously a growing industry. Yet they are mired in a ridiculous amount of debt, have just about the highest churn rate in the industry, and their net subscriber adds were horrible last quarter. I have serious concerns about their management.
I think Vodaphone and Nextel both have much better fundamentals. Of course the stock market doesn't always follow this type of logic, as you can see by the way PCS is moving right now.
I am not very bullish on landline telecom stocks. They are being assaulted from all angles what with VOIP and cell phones.
I think Vodaphone and Nextel both have much better fundamentals. Of course the stock market doesn't always follow this type of logic, as you can see by the way PCS is moving right now.
I am not very bullish on landline telecom stocks. They are being assaulted from all angles what with VOIP and cell phones.
Originally posted by: dxkj
Originally posted by: Shockwave
Well, my pole isnt 10 foot. More like a 1 foot expendable
For your "spare change" investments, doesnt the 7-15 dollar trade fees take a chunk out of the profits? (Im assuming thats 15-30 dollars total if you do a buy in, then sell out)
Spare change = around 100 bucks. So, I can grab 100 shares @ a buck per. I need a minimum of .14 cents from it to break even.
Like I said, this is some money I had left over. No way in hell I'd plop real money on these kind of stocks, unless it was at the level that a 2 cent gain would give me a decent profit in which case I could shoot for the fast in and out.
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