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View Full Version : heres another,wallstreet



wizardofoddz
04-17-2004, 08:41 AM
what do you think?
SPSC Spectrum Sci & Software Holdings
I don't know about 10,000 shares, but I think this is a buy for me on Monday

wallstreet
04-17-2004, 01:48 PM
Wiz,

I see your angle here with this stock, being a security issue..

I would take a pasadena with this one, it is already on its high for the year..the other one was near its low.. but you never know, stocks can keep going higher.

I just think the risk/reward here is much less than the value. If you get in, say 1000 shares..then leg in. Buy 3 or 4 lots.. and try and purchase on no volume weakness.

I cannot speak for BB stocks, they can and are manipulated, no regulations like on the NASDAQ so somtimes pumpers can take a position and screw innocent people, never get caught.

Now tell me your source, you just dont pull these out of the Wall Street Journal now..

:red: :red:

Some might wonder why I dont name stocks like this or ones others mentioned..well it is a matter of preference. At one time in my career as a trader/speculator I traded stocks like WADE, MVEE, etc and would watch chat boards for plays. In my very humble view, the deck is over stacked against you in OTCBB stocks, you are not playing on an even field..these companies can be 100% frauds, they can be "shell" companies. They arent held to the same standards that listed stocks are..so things can and do happen.

I went from BB/PK stocks, to Options (well did both actually) and lost all the time..so I moved on to the bigger pond and try and speculate there. It isnt easy, but at least I can bring up a financial statement, read a press release and know it isnt possible BS from the company, and listen to a conference call..knowing the liklihood of transparancy is higher.

I still play the little guys...just not as often.

wizardofoddz
04-17-2004, 06:48 PM
There is a local radio station that has a talk show on everyday. I basically listen to that and do a little watching of my own.
I like playing with these little companies for some spending money.
My major stocks are,
IBM
Arrow Finance
Albany Molecular
Plug Power
Microsoft

wizardofoddz
04-26-2004, 04:48 PM
This did really well today

wallstreet
04-26-2004, 05:11 PM
Wiz,

You are right it did.

Congrats if you got in. One thing to keep in mind..if this stock is in "circulation" meaning it is a part of radio shows, email ads etc it will have a run and dump. I dont know if that is the case, but that happens quite often.

I cant say that I have ever bot from a radio station recco, I do listen to the radio for financial shows quite a bit, but I always thik that if I heard it there, it is too far gone at that point. I would want to be in PRIOR to the telecast.

I am pissed about IPIX..damn it is moving nicely.

wizardofoddz
04-26-2004, 07:38 PM
the radio show is Sandy Family Show, of Smith and Barney. It's not so much him I listen to, it's the callers that call him with questions. The callers really catch him off guard with some info, that's the info I take in. I have a pad and pen in the car with me when I'm listening, I write things down then when I get to the computer I look them up myself.

wizardofoddz
04-26-2004, 07:47 PM
As far as SPSC goes, I first bought 1000 shares, then bought 1000 more last Friday. Today was good news for me with that stock.
Today I'm looking at GenoMed Inc GMED.PK
I'm on this one tomorrow, check this out http://finance.yahoo.com/q?s=GMED.PK

wallstreet
04-26-2004, 07:51 PM
Wiz,

Nice job on the trade. I appreciate the other one you gave and will research it tomorrow.

Oh and I do the same thing, if I am in the car and have the radio on and a stock comes up I research it the same way.

I was mainly referring to those spam emails and there are selective radio shows that pump stocks, or mention them a bunch for the wrong reasons.. but legit shows where the people are non-biased (except for the non stop promotion of their seminars or services..which drives me NUTS) then you can know they have no reason for promoting the stock.

If it makes you money, it doesnt matter how you get the idea, nice job on a down day. I will keep my eye on it for the next few days.

wizardofoddz
04-27-2004, 08:33 PM
Got in on GenoMed Inc GMED.PK at .23 a share. I bought 5000, tomorrow I'll try another 5000
Made a little more with SPSC
I'll give it until friday, we keep going up, I'll stay on.

wallstreet
04-27-2004, 11:26 PM
Wiz..

I was watching it early..it started at .23, then it started selling off to .21 and I didnt watch anymore after the mid morning. Looks like the low of the day was when I last watched it.

Keep me updated!

wizardofoddz
04-28-2004, 04:01 PM
SPSC, is still going UP
Stop loss at $4.00

wallstreet
04-28-2004, 04:07 PM
Wiz, it hit 4.02!

Chart looks like $$$$$$$$$$$$$$$$$$$$$$$

Nice afternoon move today.

savage1
04-29-2004, 10:05 AM
Finally a nice pop with my imnr shares;its about fu-king time!!

wallstreet
04-29-2004, 11:13 AM
Savage,

I saw IMNR on the ticker and I knew you were 1 happy man today!

Congrats! if it were me I would book a profit soon..

Wow, SPSC getting murdered, manipulation news article from the company or somthing...

savage1
04-29-2004, 11:56 AM
Wallstreet-It may be up, but remember I bought some of those shares at higher prices.
Anyways, I sold 15% of my goldings in $2.25 range.
I will re-evaluate later.
ps Don't want to sound like the boy crying wolf with this one, but news seems to be pretty good today with this baby.
ps CLN tech.was shown in the CBS news last night(didn't see it).
I just added another $1000 shares.
I really would be very much surprised if this stock doesn't at least double in next 6-12 months, and hopefully a lot more than that.
Hope everything is going well for you.
Saw your good response to Ty.

wallstreet
04-29-2004, 02:23 PM
Savage,

I am doing ok..taking a bruising on my SONSE..yesterday was a very rough day for me..but still kicking!

I dont like how CLN trades..I hope it is a double for you, but it just doesnt look good and it hasnt looked good since the drop back when we started talking about it. You never know but it seems like dead money for a while.

Nice sell on IMNR..back below 2.

edit) yeah I like to knock it around with Ty now and then..I dont want to bash him, rather keep him as honest as I can. Its kinda fun...

edit2) Trade- bot 1/4 position in NANX at 7.25, order in for VTSS at 4.50 on a 1/2 position

wizardofoddz
04-29-2004, 08:01 PM
I got out of that just right. I'll take 25% and move on, whewwwwwwww

wallstreet
04-29-2004, 08:21 PM
Wiz,

You know that was great fortune...

Wish I had that luck...haha

It is never wrong to book a nice gain.

Congrats and remember that trade, they hardly ever happen (where you dodge a loaded gun)

:red: :red: :red:

wizardofoddz
04-29-2004, 09:12 PM
I couldn't sell fast enough today......LOL
My goal is 25%
once I get there I'm happy.