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Why dont you check last months cart? You will find that it went to 5
3/4. Just Check.
---"R.E.Turner" <rturner@xxxxxxxxxxxxxxxxx> wrote:
>
> 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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