So if you had $50K to invest, where would you put it?

[Rmtt]

Originally Posted by Nuckle

SNCA had a nice run, I stayed in it. Was about to set a stop loss but hesitated lol.

Nice. It should be a $2.00+ stock when enough volume is built up and they have news!

But get out when you feel it's best for you!!!

[Nuckle]

Originally Posted by Rmtt

Nice. It should be a $2.00+ stock when enough volume is built up and they have news!

But get out when you feel it's best for you!!!

It just shot up again.

[Rmtt]

Originally Posted by Nuckle

It just shot up again.

Yep....Like I said...get out when you feel it's best for you. This is just on news of their trials.

When my friend told me...it was .92 as listed in my post....now it's 1.60's.

Just remember to not be too greedy!

[Nuckle]

Originally Posted by Rmtt

Yep....Like I said...get out when you feel it's best for you. This is just on news of their trials.

When my friend told me...it was .92 as listed in my post....now it's 1.60's.

Just remember to not be too greedy!

I set a 5% stop loss on it. It sold at $1.72, purchase was .9599. That is a winner!

[BimmerDimmer6]

SEEL is going boys

Holding off for now.

[Rmtt]

Originally Posted by BimmerDimmer6

SEEL is going boys

Holding off for now.

That one is definitely worth more than what it's at.

Sometimes I will sell half of my stakes to secure profit...and let the other half "ride"!

[BimmerDimmer6]

Originally Posted by Rmtt

That one is definitely worth more than what it's at.

Sometimes I will sell half of my stakes to secure profit...and let the other half "ride"!

Yes, I don't ever have a set profit margin that I'm willing to sell it for. I wake every morning, check my accounts and make sure every dollar is allocated into something I believe in.

If I feel things are looking good from what I'm reading, I stay in, if they aren't, I will sell. Things can change in a second. Have to be watching it every hour IMO.

[corn18]

Originally Posted by Nuckle

So how do capital gain taxes work? If I have gains do I need to submit quarterly? Do I itemize those gains or is it based on account value? I am using TD Ameritrade. Do they send you what you need if you have taxes to be paid?

Short term capital gains (held < 1 year) are taxed at your marginal tax rate. Long term capital gains are taxed based on your AGI. Can be as low as 0% or as high as 24.9%.

If I were day trading, I would get hit with 41% short term capital gains taxes (fed, state, local).

[Rmtt]

Originally Posted by Nuckle

I set a 5% stop loss on it. It sold at $1.72, purchase was .9599. That is a winner!

Now over $2

[Rmtt]

Originally Posted by corn18

Short term capital gains (held < 1 year) are taxed at your marginal tax rate. Long term capital gains are taxed based on your AGI. Can be as low as 0% or as high as 24.9%.

If I were day trading, I would get hit with 41% short term capital gains taxes (fed, state, local).

Same here. I have never gambled at all in my life...I guess this is as close as I get to doing so.

[Nuckle]

Originally Posted by Rmtt

Now over $2

Hahaha yea I know. I am still happy with where I got put.

Now if it goes to $3 I may throw something!

[Rmtt]

Originally Posted by Nuckle

Hahaha yea I know. I am still happy with where I got put.

Now if it goes to $3 I may throw something!

Oh...there is more left in it. I have been in and out....and my friend has as well.

But he told me earlier that this wasn't the last of it and he would confirm it once he heard.

[Nuckle]

Originally Posted by Rmtt

Oh...there is more left in it. I have been in and out....and my friend has as well.

But he told me earlier that this wasn't the last of it and he would confirm it once he heard.

I only started with $10k so I can't trade that way. Have thought about adding $15k so I can but need to learn much more.

[Rmtt]

Originally Posted by Nuckle

I only started with $10k so I can't trade that way. Have thought about adding $15k so I can but need to learn much more.

I would stick to what you have. Build that up so you don't have to put anymore in.

I haven't had to put money in my account in a long time!

But I'm a bit conservative.

[Rmtt]

PRPO scanner just alerted. It's 52 week high has been in the $6 range

[M4_GTS]

Here's an interesting article about XSPA.

https://alphastocknews.com/xpresspa-...released/3412/

[Rmtt]

Originally Posted by M4_GTS

Here's an interesting article about XSPA.

https://alphastocknews.com/xpresspa-...released/3412/

Yes...read that earlier. As I said this is a long term hold for me. When everything comes out about what they are doing, it's going to be a huge gain. I'm averaged in around .45 or .47 I believe.

They have also started advertising job openings in other cities as well.

So it's coming and worth the wait!

[M4_GTS]

Originally Posted by Rmtt

Yes...read that earlier. As I said this is a long term hold for me. When everything comes out about what they are doing, it's going to be a huge gain. I'm averaged in around .45 or .47 I believe.

They have also started advertising job openings in other cities as well.

So it's coming and worth the wait!

Any insight on what SNCA will do? All hype or is it the real deal?

[Rmtt]

Originally Posted by M4_GTS

Any insight on what SNCA will do? All hype or is it the real deal?

From what I have heard....it's the real deal

My guy said he thinks $3 is the best it will see...but anything a buck or less is good. But if the trial is approved....it will go higher depending on volume.

It was in the .90's when he texted me... And you seen what Nuckle made.

You don't want to be chasing the price. That's the first thing he taught me....never chase even if it means missing out.

I still think xspa and seel are going to be the big ones. Seel has a conference call next Tuesday and I see it holding and maybe gaining a little until then.

But once they release a PR about it....it could double or triple.

Again....this is strictly my opinion!

[Bimmer Nerd]

Originally Posted by Rmtt

Yep....Like I said...get out when you feel it's best for you. This is just on news of their trials.

When my friend told me...it was .92 as listed in my post....now it's 1.60's.

Just remember to not be too greedy!

Rmtt,

Can you do me a favor and give us a breakdown/screenshot of all the penny stocks you're holding and at what average?

I usually don't look into them to much, but Bio-tech is hard to ignore in today's environment. I'd like to see what are some good entry points, etc.

Thanks!

[M4_GTS]

Originally Posted by Rmtt

From what I have heard....it's the real deal

My guy said he thinks $3 is the best it will see...but anything a buck or less is good. But if the trial is approved....it will go higher depending on volume.

It was in the .90's when he texted me... And you seen what Nuckle made.

You don't want to be chasing the price. That's the first thing he taught me....never chase even if it means missing out.

I still think xspa and seel are going to be the big ones. Seel has a conference call next Tuesday and I see it holding and maybe gaining a little until then.

But once they release a PR about it....it could double or triple.

Again....this is strictly my opinion!

I got in at close 1.21. I will take the chance and see what comes out of it. The reason it made me go in on it was their 8k filing.

[Rmtt]

Originally Posted by Bimmer Nerd

Rmtt,

Can you do me a favor and give us a breakdown/screenshot of all the penny stocks you're holding and at what average?

I usually don't look into them to much, but Bio-tech is hard to ignore in today's environment. I'd like to see what are some good entry points, etc.

Thanks!

Sure....please give me until tomorrow morning to put them up. I only have 4-5 in play at anytime.

As I mentioned earlier....I have no problems posting what info I get from my friend with entry points.

But I insist you do your own research as he tells me. That website I linked earlier will tell you what any ticker's news is. Great scanner.

He advises me on entry points, but leaves exits up to me.

I will edit this tomorrow...but:

Xspa - .46
Seel - .74
PRPO - .73....I posted this yesterday. Looking for double here.
Sfet - 1.14 - This isn't biotech....but VPN security. They don't have any debt. And have an ER coming up the first weeks of June where they are supposed to be posting huge profits as a result of most meetings being held virtually. Also recently landed some big contracts.

I just looked at it and that's the 4 I have. I did have Scna.....but it sold today.

I just don't want to clutter up this thread or piss people off. But I figured I had been making decent money.....why not share what I've been doing?