Best China Micro-caps on the Market

[The Thinker]

ok , first thing.. no time limit on anything...

develop a watch list of around 25 stocks and etf's

lets say, start out with 5k trading account.... putting 1k (20%) into 5 different (stocks or etf's)...

when 1 of the 5 goes up by 20%, sell it and buy one from your watch list. the one that you sold goes back on your watch list, for later use again..

if one goes down, you simply hold, if it goes all the way to $0 your loss is 20% of account and it would take 4 winning trades to recover this.

i also depoist $500 of new money each month into the account...

simple as that.... if you can roll all 5 only once every 3 months, you will be a very rich man in 5yrs time...

do the math..


GW

 

[punter]

You know, if you had got in on the ground floor with Microsoft, useing your system, you would of made $200.

 

[The Thinker]

not true, the stock can rotate back on... immediatly if thats the decision..

sure at times, much money is left on the table but many more times profits are taken and then the stock moves against you..

just think about what i said... and run the math... dont become married to any one stock.

GW

 

[kuwlness]

Stocks that are set to run this month:

$CSGJ -- major plant in construction, activation coming up!
$CNAM -- was on the illegally shorted list, theyre gonna have to dump or cover
$LTUS -- Dollar land is just around the corner.
$CHGY -- dont know what to say, just that it's going higher
$CVM -- http://caps.fool.com/Blogs/ViewPost.aspx?bpid=240336&t=01005698258648988900
$CKGT -- Rodman & Renshaw
$CNOA -- any day now it'll break this .48-.50 funk, then .60+
$CCGY -- new plant coming online this month

$WAMUQ -- pay day is nearing, check the other post ... Cha Ching!!

 

[DeathEatsaCracker]

Bought 1150 shares of CVM @ .63.

Orders pending for 700 shares of CSGH @ $1.02 and 650 shares of CKGT @ $1.10.

 

[kuwlness]

CVM doing some consolidation, should be looking to breakout again soon. I added more earlier at .605.

CSGH overdue for its pop after it's awesome Q, there just hasnt been a good day in the market to allow this one to move.

CKGT just announced an update on their Cacti-cigarettes. This one will be huge, especially going into the Rodman and Renshaw conference. The majority of my China plays (at least 30%) are prensenting at the R&R conference, which starts next week!!

Bought 1150 shares of CVM @ .63.

Orders pending for 700 shares of CSGH @ $1.02 and 650 shares of CKGT @ $1.10.

 

[kuwlness]

$ABWTQ about to get activated. Been in this since .13 and it's ready to make its 300-500% move. Hope you guys are in this one, the MMs are done holding it back and the shorts have covered. Good chance we'll see .50 within a week. This was a pinksheet roulette, but news of late has opened my eyes and this has become a real invesment. I currently hold 50k shares and will add if for any reason it goes back to .14. Get in now!!

 

[Jason04srt4]

JEDM(Jedi Mind) is down to .o8 -.03 from previous close, should I buy it, or is it going to continue to fall

 

[DeathEatsaCracker]

RBY knocking on the door of their 52 week high.

 

[kuwlness]

I wouldnt touch JEDM anymore, I think there's something shady going on there. They keep putting out random PRs that really dont make sense. And how many divisions does the company have?? Medical, Electronics, xxx? I just wanted to play the bounce last time. If it gets down to .06, you might want to grab a few thousand shares and try to sell around .10-.12. Might get a pop if they actually do have a CNBC interview coming up, like they claimed earlier. GL if you try to play the pop

JEDM(Jedi Mind) is down to .o8 -.03 from previous close, should I buy it, or is it going to continue to fall

 

[kuwlness]

RBY is my pride and joy. And news has leaked that Goldcorp's CEO is a majority shareholder ... they're gonna buy Rubicon in the near future IMHO.

RBY knocking on the door of their 52 week high.

 

[Jason04srt4]

RBY is up 15-16% today, is it to late to get on it?

 

[tiznow]

RBY is my pride and joy. And news has leaked that Goldcorp's CEO is a majority shareholder ... they're gonna buy Rubicon in the near future IMHO.

actually the largest shareholder is EX CEO of GG who got pushed out and is pissed and it left a bad taste in his mouth

he runs UXG now....

anyway

GG obviously will probably want it as its location is prime right by them...

but mcewen is pissed about how the GG shit went down so he's gonna fuck with GG as far as them being able to purchase it and for how much most likely

i'm not sure about RBY in particular jason

i personally would stick with gold itself or some bigger miner....all gold miners having a good day today....GDX (gold miner etf) up 8.5%

gold prices are ready to roar above 1k IMO...

 

[kuwlness]

Sorry, should clarify, I didnt mean he was a 50%+ stakeholder ... just that he holds a large position (i think around 30%) in RBY.

And yes, it's probably too late to buy right now. Wait for a pull-back to the low $3s or make a gutsy call and buy on a day where it's up almost 15%. Your call.

 

[tiznow]

yeah i know my point was its a prior GG CEO not the current one

one that dislikes GG after getting pushed out after the wheaton merged with them and the wheaton guy took over

all miners are flying today on big volume...

the miners usually lead the gold rallies.....and they tend to top out before the metal does.....

that said this is just the beginning for both IMO

man the gold miners are going nutty into close....geesh....GDX up almost 10% now

looks like silver is tagging along

the other metals copper and such aren't.....

 

[Jason04srt4]

Thanks for the info guys, do you guys know of any books or websites that would help a beginner in investing. I recieve e-mail newsletters from morningstar, beacon equity, INO.com, I try to watch cnbc, but most of it is way over my head. I need something real simple, something I can just learn the basics from, and go from there.

Appeciate you help!

 

[tiznow]

also a side note on gold and gold miners in general

once they hit their stride and enter a bull leg phase they tend to keep going and going and don't give you a pullback to jump in

learned this over the years closely following the market

i wouldn't be too concerned chasing here and you should do fine in whatever gold miner or such you chose.....hard to say who's going to do the best.....today seemed to give the signal though.....that the days of sub 1k gold won't be around much longer.....and once 1k is cleared will be interesting to see how many people start piling in as from a technical perspective its a big area....with a huge inverse head and shoulders formation

my target for gold and end of this bull phase is 1300 in early 2009

the HUI (gold miners index) should at the very least get to its previous high of 500ish and likely breaks it IMO....so still lots of room to roam there too....383 after today

GL

 

[DeathEatsaCracker]

Thanks for the info guys, do you guys know of any books or websites that would help a beginner in investing. I recieve e-mail newsletters from morningstar, beacon equity, INO.com, I try to watch cnbc, but most of it is way over my head. I need something real simple, something I can just learn the basics from, and go from there.

Appeciate you help!

I suggest three things:

1. Watch CNBC with a grain of salt or not at all. Never buy a stock just because Cramer or someone on Fast Money says they like it. Especially Cramer.

2. Read the entire sell, sell, sell thread from page 1. http://64.40.117.4/showthread.php?t=499619

3. For the love of Zeus, don't invest in anything until you know what you are buying and use stops.

 

[tiznow]

don't invest in anything until you know what you are buying

sorry to get this tread off topic

but just curious and i can't help myself

explain to me what you are buying with FNM?

as i have no idea how anyone can have a frickin clue what that thing is worth and what is on the books and how the government involvement is gonna shakeout as far as shareholders are concerned

aig, fnm, fre, abk type stuff just pure casino type shit...no way for the average investor to have any idea what the hell is going on with those guys IMO

 

[DeathEatsaCracker]

I've never considered FNM an investment, it is exactly what you called it, aka a gamble. I've got a ways to go until retirement so I have no problem with using 15-20% of my retirement money for speculation.

It's not something I would recommend to a new investor like Jason04srt4 and like I was when I orignally bought FNM and didn't put a stop under it.