WOW!! It has been a while! I have been busy. I haven't made a lot of progress in the trading game so far though. I have changed my game plan though! I know I have talked a lot about reading charts and stuff. While this is a good thing to know how to do, I would also say it is not the most important. I do urge you to keep learning though. Other very important things you should be doing are reading financial reports on companies and finding out how much work they have been doing and how many shares they have on the market. If you know how many shares are available for purchase, how much each one is worth, how much the company is worth, and how much work the company has done since the last quarter, then you should be able to figure out, roughly, what the price of the stock is going to be the next time they file their reports!!! This will save you a lot of hair loss and binge drinking when you see the stock dip into the red right after you bought it! ahahah. I also like to go to investment blogs and message boards to see what other investors have to say. Sometimes they will even do the math for you! I really like www.bulloards.com The people on this forum are really smart, and good at what they do. I don't comment much, but I do a lot of reading. However, when I ask a question it is always answered by someone and they are usually really nice and helpful.
Right now I hold positions in:
MIT.V (Mint technology Corp.) @ $0.17 I own 18,000 shares. The stock is still currently at this level. I am hoping to see it go to around $1.00 in the next year or so. However, the quarterly reports come out tomorrow. So I will let you know how that goes. I think it should be in the $0.25 range. That would be pretty nice!
NWM.V (NWM Mining Corp.) @ $0.07 I own 24,000 shares. This one is also currently at the seven cent level too. I think I could see as much as $0.09 - $0.10 in the next few days. That wouldn't be too shabby.
I'll keep you posted. Thanks for reading!
