3SOF

I make a living trading but am not an expert.  Purpose of the board is to all learn what works for others.  I certainly would like to learn how you all trade with a plan.

I learned through trial and error that in order to make a consistant gain, the pennies need to be treated much the same way that I was successful with the big boards.  Tried many different strategies and found a way that works well for me.  Everyone has their own style.

100% plus returns are exciting.  But without a solid plan, it is easy to buy at the top and then have to sell low or hold the bag for the next run (if ever).  Conserving capital is key.

Found that it is advantageous to focus on the companies and charts that I know best.  Holding with confidence is easy if the buy was well planned.  Intraday, they will make large swings.  Knowing the chart history, you can then make an intelligent decision to buy or sell.

Make calls and get all of the information that you can on the company.
This can help in identifying some pump and dumps even though you can never be absolutely sure.  There is a reason they are Pennies.

Jumping around too much is chaotic and too many positions cannot be easily tracked.
No entry and exit strategy can be catastrophic to your portfolio.

The way that I make money is buying the chart before or after the hype.
All of the companies have explosive potential.  Patience is key.  Rather wait to make 50-100% than trying to hit a homerun each day.

My style may conflict with the board because some are not On Fire at this time.
But you all learned what getting in on the front end of an HISC can do for the portfolio.

Largest Holdings (in no order)
Read the threads for reasons why these are held

-  HISC
-  PLNI
-  PYST  (Ready to pull the trigger .001)
-  CYAD
-  BRVO  (waiting to buy alot more BRVO)
-  IFLB
-  CYBL   (small position and will add if it comes closer to .05)
-  SNNW
-  GRMU  (double with any news- NAMM Convention this week)

-  VSL, DNDN, GERN are the non OTC holdings. (Sold CTTY, SPIR & DXPE for gains)

Other holdings (smaller) and may sell at any time to buy the above.
CKEI, QOIL, TNOG, NVAS, FEMO 

Use the plan that works best for you.
The above should move in time.  (hopefully like HISC)

-Jeff-

ATallTexan,

The response as promised.  I did not want to give a quick response this morning until I had time to focus on the companies.  And you now can enter lower on some of them.   

-  GEECF-  Some say it will rebound from $ 1.00.  I stay away from this company because it was e-mailed to me several times.  It was also pumped on an advertisement on the side of the from page of 3SOF. A guy even called me with it as a stock tip.  I worry about where they claim to have the infrastructure.  Nigeria and other areas typically deter these companies.  And they moved an office to the Bahamas ?  It may very well double on hype.  But someone other than me will hold this bag.

-  CBAI-   I have traded in and out.  Stem cell news from the government can move it up.  It fades down without the news.  I like the site and concept.  I do not see anything that says Buy on the chart.  Should be nice long term play.  The site is nice and it could very well be bought or double on news.  It remains on my radar, but no position at this time.

-  BLYC-  I debate this one each evening.  They offer PR so often and the price has spiked many times.  In fact, SOF called it a potential 10-20 bagger before retracting the statement.  I will buy if it dips much lower.  Just like EPYH, these spike in cycles.  Just cannot figure out why BLYC trades so low with the so called revenue and projections ?  Will be interesting to see how it plays out with filings.  Keep on watch or buy and hold for a spike.

PYST- Read the July 12th thread I posted.  I may pull the trigger anytime to take a chance. 
Each photo kiosk has anticipated Media (digital photo processing and specialty items, such as photo cups and T-shirts) revenues after market acceptance of approximately $4,000.00 per month. Additional revenues are made available by SMOC's innovative 17" LCD kiosk display header, which advertising agencies currently in negotiations with the JV partners have valued at over $1,000.00 per month in recurring ad revenue. That amounts to a healthy return on investment and when viewed within the five (5) year AAFES agreement perspective, results in a project forecast of potential revenues exceeding $35,000,000.00.

Cannot figure out why it is trading at this level ?  And down on this news ?  Anyone know ?
Noone replied on the PYST thread I started. 

I probably did not help at all.  Hope your day went well.

-Jeff-