Stock Trading Basics to Swing Trading

[LiveLife]

Drove 12 hours this weekend with family to visit parents for thanksgiving and didn't get to do any posting. 

I sold BIOM this morning and bought VRA.  Nice volume activity!

[LiveLife]

Dang, I miss my "High Speed" Internet!!!

I struggled with "sometimes on, sometimes off" internet connection of my parents today ... 

Anyway, VRA wasn't showing signs of life, so I sold and bought SVA and later HOM at the day's low near the close.

Nice gain day for TIII (One of David's Fast 3SOF picks!) - I thought about getting back into TIII for rebound ... but that's stock trading life - you win some, you lose some. 

Well, I gotta approach each trading day as a "brand new" trading day, so I will watch the market open action for SVA and HOM, and take it from there.

I will be doing some review of my 20-40 stocks, 3SOF MB stocks, 3SOF and Fast 3SOF picks tonight.

Ongoing "thanks" to all the supporters of 3SOF posting valuable information!!! 

[LiveLife]

Repost from 3SOF NVAX MB:

stopthemadness,

actually, NVAX looks ready for another gain cycle and I may be buying NVAX tomorrow if there is sign of another rebound (the swing trader in me   ).  I watched NVAX all day today and it held above previous close despite some selling pressure.

Time will tell tomorrow, but with bullish market trends returning there are a lot of good stocks in rebound or gaining pattern (just look at HANS today!) and as a swing trader, I must participate in these "swings."

[LiveLife]

Here's Lycos I-watch activity for today and week.  Looking good, and I will follow the Institutional/Money Manager's lead and look to buy back in tomorrow for another swing trade with NVAX. 

[LiveLife]

I normally don't swing trade with penny stocks, but at $0.0183/share (10K share = $183 !  ) I may take a look at GZFX.OB tomorrow also especially with 456,896,461 (can this be true?  Yes it is!) shares traded and $0.0042 (29.79%) gain.

At this price, I certainly can afford to "speculate" the heck out of this stock. 

= BUT BE CAREFUL WITH ANY PENNY STOCK "SPECULATION"!!! =
= I RECOMMEND THAT YOU ONLY "SPECULATE" ON THIS STOCK WITH MONEY THAT YOU DON'T MIND NEVER SEEING AGAIN!!!    =
I can afford to "speculate" around 50K - 100K shares ($915 - $1,830).

Thanks pensandoenti67 for the post from Yahoo MB.

"11/21/05 11:48 pm
Msg: 78085 of 78092

The GZFX Word Is Out!
I think the word is out about GZFX and it only gets bigger from this point on this was a great post from a member called BT from another board...

Listen guys & girls. I've been trading based on technicals for a long time now and very successful at it. It doesn't just take Team work (I'll get to that later) but it also involves reading the charts. GZFX is borderline from multiple 30-60% price increases.

The things you need to look at when buying stock is: Volume, uptrend(I never buy into a falling knife!), money flow, and Strength!

I'm sorry but I can't find a bearish sign in GZFX yet and there are other factors that keep confirming a bullish move ahead. Such as the Golden Cross (When the 50dma moves past the 200dma). That hasn't even touched yet. I also learned that if that Golden Cross is crossed almost level, the stock will be weak, but when it crosses practically vertical to one another, the stock is STRONG..that's what GZFX is showing signs of!

Now, people will come in and out of this stock all day long but rest assure there were a lot of pissed investors when they saw this stock wasn't dropping enough below where they sold it. This is where Team work comes in. I noticed when there was no volume, the bid/ask wasn't changing. Suddenly they raised the bid/ask and orders were going through. That to me signified that sellers were dried up, nobody was selling.

When nobody sells, the Market Makers WILL raise the bid/ask. In OTC there does NOT have to be a seller for the buyer. The MMs have accumulated shares from all the sells over these months and what they're doing is distributing them now. So as they're raising the bid/ask, they are filling BUY orders.. They will continue to raise the ask to sell their own shares at a higher price. It makes sense and thats how they make money. A lot of it.

I was playing around today on paper and was saying at 1pm, I'm selling now at .0168. Volume stopped, bid stopped, price continued up... Luckily it was for play only and that confirmed I will not touch my shares yet. It is not done."

[calven]

I don't mean to spam folks but since this section is about learning new trading concepts I thought I would offer you all a link to a website I helped create: http://www.craftytrader.com

The website is completely free other than google ads which basically cover hosting costs.... I stand to make nothing out of it except having the satisfaction of helping you out.


Enjoy, its a work in progress....

[LiveLife]

Here's more info on GZFX.OB for you to form your "own" opinion.

http://biz.yahoo.com/iw/051114/0101174.html

GameZnFlix Now Offers Over 40,000 DVD & Game Titles to Its Members
Monday November 14, 1:16 pm ET

FRANKLIN, KY--(MARKET WIRE)--Nov 14, 2005 -- GameZnFlix, Inc. (OTC BB:GZFX.OB - News), an online provider of video game and DVDs for rent or purchase, announced today that it now has the capability to rent over 40,000 titles to its members.

ADVERTISEMENT
"Through our relationships with vendors like Video Products Distributors, Inc., we have been able to secure the ability to have an even larger base of titles, and make them available to our members," said Donald "Chip" Gallent, president.

Tom Kielty, Senior Vice President of Sales and Purchasing for Video Products Distributors, Inc., adds, "We are extremely pleased to be associated with GameZnFlix. Their commitment to providing online subscribers with a wide spectrum of entertainment for the whole family is a exciting endeavor that we are thrilled to be a part of."

Video Products Distributors, Inc., based in Folsom, California, is one of the nation's leading wholesale distributors of pre-recorded DVDs and related products. Video Products Distributors, Inc. has been working with GameZnFlix since July 2005 by supplying both DVDs and games to the company.

GameZnFlix is a company that offers video games/DVDs for rental or purchase on the Internet with access to over 40,000 titles. With four different membership levels beginning at $8.99 a month to annual membership with an average price of $20.75 per month, subscribers can rent a combination of both video games and/or DVD movies with no late fees or due dates or members can purchase video games and/or DVD movie titles at a membership discount.

[rurouni]

I don't mean to spam folks but since this section is about learning new trading concepts I thought I would offer you all a link to a website I helped create: http://www.craftytrader.com

The website is completely free other than google ads which basically cover hosting costs.... I stand to make nothing out of it except having the satisfaction of helping you out.


Enjoy, its a work in progress....

Thanks Calven.  I will read that site.

[tokyopua]

Hey LL,

I saw the GFLX post on NVAX board, but didnt take it too seriously.  But since you are having a look, maybe I will gamble away a few hundred on it, I have certainly gambled MUCH more on NVAX lol.  Here is what I turned up:

There is already substantial competition in this area, NFLX is beating the competition.  On of those competitors is the stock that David thought might rebound recently, MOVI.

http://finance.yahoo.com/q/bc?t=5y&s=NFLX&l=on&z=m&q=l&c=movi

Now here is an internet ranking comparison between GFLX and NFLX:

http://www.alexa.com/data/details/traffic_details?&range=6y&size=medium&compare_sites=netflix.com&y=t&url=www.gameznflix.com#top

Note its a logarithmic scale, and netflix is trouncing gameznflix.com in rank.  But lets say all things are equal, then traffic reach is the important thing.  GZFX reaches 50 out of 1 million people per day, per the above link, and netflix reaches 2150 per day out of 1 million per the following link

http://www.alexa.com/data/details/traffic_details?url=netflix.com

Alexa.com is the closest thing you can get to arbitron ratings on the net, though they dont count netscape traffic or aol traffic....

Now NFLX with a market cap of 1.56 billion and GZFX with a market cap of 16.93 million means that NFLX is valued at 95 times GZFX, even though they only have 43 times their traffic.

OK, none of this means much in terms of earnings, but its the best I could come up with since its hard to really know much about a penny stock. Netflix probably gets much higher conversion rates for sales due to their brand recognition so the stock could be close to fairly valued now.  however, as a new upstart competitor, it can probably grow faster. 

I dont know if this is real, got it of the NFLX board (about GZFX):

"The Company reported gross revenues of $130,607 and $536,362 for the three and nine months ended September 30, 2005, respectively. During the three and nine months ended September 30, 2005, our subscriber base averaged approximately 3,000 subscribers per month. We continue to focus on growing our subscriber base through marketing and affiliate partnership programs whereby a referral fee is paid for each new subscriber signed. Since our DVD and video games rental activities have a limited history, we are unable to provide any meaningful churn figures. Churn is a monthly measure defined as customer cancellations in the quarter derived by the sum of beginning subscribers and gross subscriber additions, then divided by three months. Customer cancellations in the quarter include cancellations from gross subscriber additions, which is included in the gross subscriber additions in the denominator. Once we have more operational activity history, management will use churn as a measure to evaluate whether we are obtaining new subscribers while retaining our existing subscribers in accordance to our business plans. "

[LiveLife]

tokyopua,

That's why I put the disclaimer on GZFX.OB that it should only be a very "speculative" trade with money you don't mind never seeing again.

At 10,000 shares being $183, I will buy about $1,000 worth tomorrow and "forget" about the stock.  If I lose all of $1,000, I won't lose any sleep over it.

If the company does well to continue competing with Netflix and stock does go up in price, then great!  If not, I will more than make up the loss with my "regular" swing trades.

In addition to 3SOF, David also maintains 3 Penny SOF to "speculate" on stocks that have potential for significant growth.

This swing trading Scottrade portfolio is my "hobby account" (I have separate 401K and Roth IRA accounts with much "conservative stocks/mutual funds") and I am having fun while I continue learning the process of stock trading.  Heck, I haven't even learned to short or option trade yet!

[tokyopua]

I picked up 20K shares at .019, and just like you I think I am just going to let them ride. 

From what I saw, NFLX traffic is basically flat, but www.gameznflix.com was growing at 32% per 3 month period.  Who knows, maybe this thing will hit a dollar one day and we will be all smiles that look like this when we see that    And if it doesnt, it was like buying a small call option, sort of all or nothing.  So far I made $40 after comissions in 30 minutes, it does seem to be on an uptick...

Like Cramer says, you need some speculation to keep you interested in your money.

[LiveLife]

I found a nice MB thread started since October in "3SOF Penny Stock Picking"

Here's the link for more information and analysis:
http://www.3stocksonfire.org/trading/index.php?topic=2047.msg34458#msg34458

[LiveLife]

Repost from Pennies MB by setravis:

http://www.3stocksonfire.org/trading/index.php?topic=2047.msg34458#msg34458

There seems to be a lot of intrest in this equity.
I have been accumulating GZFX for the past 3 weeks. It looks great technically and the business model is excellent. All they need to do is to execute the plan well and this will be a winner.
Lots of room to move up with the association with Circuit City. With the Holiday buying season upon us this company is going to run long and hard. IMHO
This thing is gonna go huge. Have you seen the circuit city website? Nov.20 the circuit city holiday flyers get mailed out (100,000,000 or so) and this company will be on it! If you're not in, where have you been?

Technicals
Record Price High
Most Actives
Record Price Break Out
Stochastic - Bullish
Percentage Gainer

The Golden Cross is about to take place. The 50 dma crossing over the 200 dma

[LiveLife]

WOW!!!  setravis you just let the cat out of the bag!!!!   

I found the Nov 20 Circuit City weekly flyer and THERE IT IS on page 5!!!

And it's in the SAME ISSUE AS THE RELEASE OF THE NEW XBOX 360!!!  This is "DIVINE" intervention for GameznFlix!!!  WOW!!!

[LiveLife]

Here is what you see when you click the Circuit City/GameznFlix link:

(http://www.circuitcity.com/ccd/genericContent.do?BV_EngineID=cccfaddgfjihlmjcfngcfkmdffhdfgo.0&oid=137784&BV_SessionID=%40%40%40%402005589368.1132680659%40%40%40%40&BV_UseBVCookie=yes&WT.mc_n=132976&WT.mc_t=U&cm_ven=INTERNAL&cm_cat=MERCHANDISING&cm_pla=LANDINGPAGE-%3ENA&cm_ite=56846%20GAMEZNFLIX_VURL&cm_keycode=132976)