Tuesday, February 22, 2011

blockbuster

what should i do with these earlier posts? should i leave them here, or try to migrate them somewhere more appropriate? some or all of them are just silly. i'm trying to take a much more careful approach to posting, going forward.

i ended up with, as of this update, 2,500 shares of BLIAQ, for which i payed about .12 cents a share. i made the trade based on an idea, that certain very low priced stocks will eventually spring to life, becoming, very rapidly, high priced stocks, and making anyone who bought them at very low prices instantly wealthy. but i shouldn't have so much money in this, obviously. i put in about 10% of my funds. or 5%. ok, from one perspective, that's not so bad. i can make that mistake a few times, and maybe get lucky and end up even. i even have a chance to succeed.
but i'm trying to do a much more careful kind of trading, today. BLIAQ (formerly BLOAQ) still qualifies for trading - i just took a look at it - a fairly subjective assessment with a lot of risk in it - but i'm interested.

updating, 3-27-12

Breakout! I'll likely place an order after tomorrow's trading. (BLOAQ)

FFI. Down! I was ready to buy a hundred shares, but didn't ... I did feel it should be going down. Yes.

Placed order for FUQI ... yes ... based on 1 minute chart, basically at the close, which is IDEAL. 200 shares at 5. This REQUIRES I place a stop tomorrow for low risk trading.

And then placed an order for BLOAQ, again, at the close, limit order, 5000 shares at .145. Very happy with this. Of course, requires a stop after the close tomorrow.

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