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Guys:
Why don't we all quit this crap. We all understand that this person's posts
are questionable. Let's save the bandwidth and post messages that are
useful.
tt
----- Original Message -----
From: R.E.Turner <rturner@xxxxxxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Sent: Sunday, January 17, 1999 1:38 PM
Subject: Re: How I made my $
>Checking the historical charts, it appears the closest ISAC has been to
>$5.00 was back in April-May of '98 and has been steadily declining steadily
>ever since. I would question the veracity of the post.......russ
>-----Original Message-----
>From: jawad <jawad777@xxxxxxxxx>
>To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
>Date: Sunday, January 17, 1999 10:35 AM
>Subject: How I made my $
>
>
>>Well, many of you have been asking me how i made my 3,000 in 21,000.
>>In one month. First of all i would like to thank everybody who replied
>>to my earlier post Need Advice..., thank you for sharing your advice
>>and experiences with me. Now, i have my account under my parents name,
>>so that is why i can trade and have a margin account. Well, my first
>>huge break was AAGP--Active Apparel Group. You probably heard about
>>them in late December. I was on Christmas vacation, so i had time to
>>research and buy stock, and actually spend some time. Well, i had
>>noticed that active apparel had doubled when they announced that they
>>were going to open a Internet site from aprox 1 to 2 per share. I
>>kept a watch on that stock. Over my Christmas vacation, i saw that it
>>had dropped back down. Then i thought What will happen when they
>>actually open their Internet site? So i bought 500 shares at 1 1/8.
>>I kept it for a couple days and it went up to 1 1/4 and was not moving
>>much. But then the day they announced the open of their Internet site
>>the shares went from 1 1/4 to 11. I sold that day at 11. But then
>>the next day it went up to 25. Boy was i pissed. So i decided to
>>sell short. I sold 500 shares short @ 20 5/8. I knew that the stock
>>was totally over valued. The next day the stock went down to about 9.
>> And i bought to cover then. Another stock i made more than a 100%
>>return. It was ISAC. I had bought this stock at 2 1/16. And it was
>>down to 1 at times. So i had lost more than 1/2 of my money. Then
>>one day over break at the end of the trading day, i saw that the
>>volume was raising and the price was going up. It still closed under
>>2. But i decided to watch it at the market open. Within the first 5
>>minutes of the first day it was up to about 2 1/2. I put at limit
>>order to sell at 3. Then i saw that the bid was still going up, so i
>>canceled and changed it to 4 1/8. It was still going up, so then
>>again i canceled and changed the order to sell limit 5. It went to 5
>>and i sold. The high for the day was reached around that time and it
>>was 5 3/4. Then that same day the price went back down under 2.
>>Currently, it is at 1 and something. Currently, i own SMTK. I bought
>>2000 shares @ 1 1/4. It is now priced at 2 11/16. A 115% gain. This
>>stock's 52 week high is about 33, and right now it is dramatically
>>undervalued. I am going to hold on to this baby for a while. I think
>>it will go up at least 10 in the near future. And maybe more in the
>>long run. I have other stocks, but those gains are under 100%.
>>Interestingly enough, all the stocks i have picked in the last 2
>>months have gone up some %. I have not lost money on any.(i bought
>>ISAC about 3 months ago, that was a stupid decision, but i got
>>lucky). I now have a fool-proof system. I never lose $ with the
>>stocks i pick. I just wish i could spend more time researching and
>>trading in real time. I don't have the capability to trade real time
>>because i am in school, so i have to be a end of the day trader. I
>>guess that is OK for now, i will stay in school and continue to
>>excel(thanks for the advice everybody). I have finals this week, so i
>>have to go study now. Well, i hope that gives you a little insight on
>>how i made my $. Thanks for baring with my long explanation, but i
>>just want to paint a clear picture. I would tell people some more
>>stocks that i think are going to go up, but i think that is illegal,
>>right? I don't want to be responsible for the inflated prices. If
>>it is not illegal, i will gladly share some of my picks. So Please
>>tell me if it is illegal or not. Oh, also this summer i want to start
>>trading options. If someone can give me a good starting point at
>>which i could start, i would greatly appreciate that. Thanks.
>>L8er,
>>Jawad
>>
>>
>>
>>
>>---John Ahaus <jahaus@xxxxxxxxxxxxxxx> wrote:
>>>
>>> I am 16 years old and over the past month i have made about a 700%
>>> gain. I started with 3,000 dollars and now i have over 21,000. My
>>> question is Can i Make this kind of money every month? I am a junior
>>> in high school and i am a straight A student, but this makes me think,
>>> why am i working so hard at school when in the end all it is for is
>>> money. And when money is so easy to make, why should i work so hard?
>>> Is this kind of money making unseen or is it a usual occurance?
>>> Thanks,
>>> Jawad
>>> Sceptically, I would like to know how one can parlay $3000 into $21000
>>> in 30 days considering margin requirements etc. Also not many broker
>>are
>>> willing to open up commodity accounts unless there is a proven net
>>worth
>>> and or income statement attached. Jawad, can you put your cards on the
>>> table and show us how you did it? If not I will on the side of Brent
>>in
>>> Utah.
>>> John Ahaus
>>>
>>
>>_________________________________________________________
>>DO YOU YAHOO!?
>>Get your free @yahoo.com address at http://mail.yahoo.com
>>
>>
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