Whatever guys, thread open.

[Sarnoff]

@ the signature.

 

[Sarnoff]

@ the signature.

I'm honestly surprised more people don't have the same one.

 

[Eminence]

Why is that funny? This thread is about my fund. My % increase is through the roof, sorry I don't have seed money but if you're just going to mock me I'll just as soon have this thread deleted.

Maybe you guys are missing the point of this thread? You guys trying to make money or not?

Why sell it? You were all about this stock just yesterday.

I think it's possible to strategically reenter at $0.078 - 0.081 and make more profits.

Giving you the benefit of the doubt here, but if you really do believe it will go up again, by selling and buying in again, you're actually going to lose money as opposed to just staying in to begin with, especially with th e 7.95 a pop for each buy and sell. Now that amount isn't much when you're dealing in thousands, but on amounts near a hundred, it just doesn't make sense.

Why is that funny? This thread is about my fund. My % increase is through the roof, sorry I don't have seed money but if you're just going to mock me I'll just as soon have this thread deleted.

Maybe you guys are missing the point of this thread? You guys trying to make money or not?

Why sell it? You were all about this stock just yesterday.

I think it's possible to strategically reenter at $0.078 - 0.081 and make more profits.

Giving you the benefit of the doubt here, but if you really do believe it will go up again, by selling and buying in again, you're actually going to lose money as opposed to just staying in to begin with, especially with th e 7.95 a pop for each buy and sell. Now that amount isn't much when you're dealing in thousands, but on amounts near a hundred, it just doesn't make sense.

Most transactions I'm doing atm are pretty pointless. It's in a month or so when I have $300 - 600 to use per transaction that I can actually serve to make profit. Everything else is kinda pointless. Obviously it would be nice to turn a profit:

But with a $120 clip and $7.95 in transaction fees, that's going to be a difficult thing to do.

 

[mr roboto]

another HARD delete on the horizon here? Keep me posted.

 

[Premier]

Why is that funny? This thread is about my fund. My % increase is through the roof, sorry I don't have seed money but if you're just going to mock me I'll just as soon have this thread deleted.

Maybe you guys are missing the point of this thread? You guys trying to make money or not?

Why sell it? You were all about this stock just yesterday.

I think it's possible to strategically reenter at $0.078 - 0.081 and make more profits.

And pay more fees?

 

[jon_mx]

Why is that funny? This thread is about my fund. My % increase is through the roof, sorry I don't have seed money but if you're just going to mock me I'll just as soon have this thread deleted.

Maybe you guys are missing the point of this thread? You guys trying to make money or not?

Why sell it? You were all about this stock just yesterday.

I think it's possible to strategically reenter at $0.078 - 0.081 and make more profits.

you realize the transaction fees will defeat any benefit to this.

 

[Eminence]

Why is that funny? This thread is about my fund. My % increase is through the roof, sorry I don't have seed money but if you're just going to mock me I'll just as soon have this thread deleted.

Maybe you guys are missing the point of this thread? You guys trying to make money or not?

Why sell it? You were all about this stock just yesterday.

I think it's possible to strategically reenter at $0.078 - 0.081 and make more profits.

And pay more fees?

I'm switching over to a different website. Tradeking and Just2Trade are two-options I'm looking at now. Looks like I can get transaction fees at about $4.00 a pop.

 

[Eminence]

Why is that funny? This thread is about my fund. My % increase is through the roof, sorry I don't have seed money but if you're just going to mock me I'll just as soon have this thread deleted.

Maybe you guys are missing the point of this thread? You guys trying to make money or not?

Why sell it? You were all about this stock just yesterday.

I think it's possible to strategically reenter at $0.078 - 0.081 and make more profits.

you realize the transaction fees will defeat any benefit to this.

Not if I switch to a site with lower transaction fees.

 

[hxperson]

I don't get why you sell it if you still liked the trade. Have to minimize the tx fees as much as possible. Personally I never put in less than $10k into a trade due to the vig.

ETA: Good luck!

 

[Mario Kart]

Discussed my plans as far as maxing out the Roth vs. individual dividend stocks vs. stocks. I did not give him an update of the OP but was asking for myself. His "advisement" was to go the Roth route... but in what? He had a couple dividend stocks picked out that might be good to get. I had been looking at Coke or Pepsi, Proctor & Gamble or Johnson & Johnson, oil stocks. All were good in his mind, can't go wrong, but he thought I should pick 2, 3 at the most of those, and split the max over those.

I've been doing some minor research on this thing called The Internet and bought into a dividend fund instead. My Roth is currently with Vanguard that my aunt setup for me a while back but the money as been sitting and growing. Not much but I had not put any additional funds into it and no other funds were put in. I am not touching this money for some time, hopefully, and will use this as a retirement account.

My aunt purchased the Windsor II Fund (VWNFX) which is where that money is. In my attempt to diversify a little bit and not simply add money into that fund, a couple of minutes ago I bought into the Dividend Growth Fund (VDIGX). Yeah, the stock is near the high point but I'm looking long term here so the dividends and reinvestment are what I am after.

My 2 cents on diversification: Mutual funds are, by nature, diversified, so the only further diversification needed is by style. The two you bought are similar enough that only one is needed. You would be better diversified by swapping one for a smaller company funds like the Mid-Cap Index or Mid- Cap Growth.

However, most of the stocks you mentioned are consumer staples stocks. In building a diversified portfolio of individual stocks, you would want to ultimately add some in another sector. These also pay decent dividends: CVX, XOM,MRK, PFE, VZ, WFC, WM. Most, if not all, of these stocks, though, are probably in at least one of the two funds you bought.

True, true. The stocks you listed are worthy as well... I didn't list each one I was looking at. I took the idea that any money I put in I was looking for a positive. Not too much risk (I know its all risky) but this money is going to be there for a long time... 10+ years. My contribution was for 2013 so I still have the $5,500 for 2014 if I have the money to do so. I will add risk with that amount by going individual or a more aggressive fund or add more into either of the above.

I also just wanted to write this up because maybe... our OP will get a different sense of things. Probably not though.

 

[Premier]

Why is that funny? This thread is about my fund. My % increase is through the roof, sorry I don't have seed money but if you're just going to mock me I'll just as soon have this thread deleted.

Maybe you guys are missing the point of this thread? You guys trying to make money or not?

Why sell it? You were all about this stock just yesterday.

I think it's possible to strategically reenter at $0.078 - 0.081 and make more profits.

you realize the transaction fees will defeat any benefit to this.

Not if I switch to a site with lower transaction fees.

Still if you think it is pointed up.......why sell?

 

[Leeroy Jenkins]

Why is that funny? This thread is about my fund. My % increase is through the roof, sorry I don't have seed money but if you're just going to mock me I'll just as soon have this thread deleted.

Maybe you guys are missing the point of this thread? You guys trying to make money or not?

Why sell it? You were all about this stock just yesterday.

I think it's possible to strategically reenter at $0.078 - 0.081 and make more profits.

you realize the transaction fees will defeat any benefit to this.

Not if I switch to a site with lower transaction fees.

Well, if you believed in the stock longterm, it was really dumb to sell. You end up paying transaction fees 4 times now.

 

[Eminence]

Why is that funny? This thread is about my fund. My % increase is through the roof, sorry I don't have seed money but if you're just going to mock me I'll just as soon have this thread deleted.

Maybe you guys are missing the point of this thread? You guys trying to make money or not?

Why sell it? You were all about this stock just yesterday.

I think it's possible to strategically reenter at $0.078 - 0.081 and make more profits.

you realize the transaction fees will defeat any benefit to this.

Not if I switch to a site with lower transaction fees.

Still if you think it is pointed up.......why sell?

A few reasons.

1.) I need to get my money OUT of fidelity.com and onto a website that's little easier on transaction fees.

2.) I really didn't have that much money invested in it, even if it continue at this rate I'd only be looking at $50 - 60 profit best case scenario.

 

[Mario Kart]

Watch, our OP is going to move to something else and in a month or two this HEMP stock is going to hit $.50 and then its going to hit $1.50 or something like that but the OP won't have any of those shares to brag about. He won't have any massive amount of money either.

But, he will continue to tell us he was right.

 

[Eminence]

Why is that funny? This thread is about my fund. My % increase is through the roof, sorry I don't have seed money but if you're just going to mock me I'll just as soon have this thread deleted.

Maybe you guys are missing the point of this thread? You guys trying to make money or not?

Why sell it? You were all about this stock just yesterday.

I think it's possible to strategically reenter at $0.078 - 0.081 and make more profits.

you realize the transaction fees will defeat any benefit to this.

Not if I switch to a site with lower transaction fees.

Well, if you believed in the stock longterm, it was really dumb to sell. You end up paying transaction fees 4 times now.

Only three times, cost me $23.85 which I'm not happy about. But that could have been $12.00 - 15.00 on these other sites I'm currently looking at.

 

[Eminence]

Watch, our OP is going to move to something else and in a month or two this HEMP stock is going to hit $.50 and then its going to hit $1.50 or something like that but the OP won't have any of those shares to brag about. He won't have any massive amount of money either.

But, he will continue to tell us he was right.

Dude, get out of my thread. How many positive stock selections have you made publicly in the past-year? Put your money where your mouth is. I plan on gobbling up more HEMP stock just more than the $100 worth that I currently had.

 

[Mario Kart]

Watch, our OP is going to move to something else and in a month or two this HEMP stock is going to hit $.50 and then its going to hit $1.50 or something like that but the OP won't have any of those shares to brag about. He won't have any massive amount of money either.

But, he will continue to tell us he was right.

Dude, get out of my thread. How many positive stock selections have you made publicly in the past-year? Put your money where your mouth is. I plan on gobbling up more HEMP stock just more than the $100 worth that I currently had.

Man, who woke up on the wrong side of the bed this morning? Did you have an angry customer last night make you walk back to the candy aisle for a price check or what?

Not my fault you are not taking ANY advice given to you in this thread. People have given you a multitude of ideas especially to tell you your idea is just plain stupid and here you are pissing about it and then bragging about making $10. Whoopie!!!!! (not in a Chuck Woolery way)

HARD DELETE!!!!!

 

[Mystery Achiever]

I'm switching over to a different website. Tradeking and Just2Trade are two-options I'm looking at now. Looks like I can get transaction fees at about $4.00 a pop.

Please read all fine print first for any inactivity (or other) fees, minimum trade requirements, etc. they may have.

 

[Eminence]

Watch, our OP is going to move to something else and in a month or two this HEMP stock is going to hit $.50 and then its going to hit $1.50 or something like that but the OP won't have any of those shares to brag about. He won't have any massive amount of money either.

But, he will continue to tell us he was right.

Dude, get out of my thread. How many positive stock selections have you made publicly in the past-year? Put your money where your mouth is. I plan on gobbling up more HEMP stock just more than the $100 worth that I currently had.

Man, who woke up on the wrong side of the bed this morning? Did you have an angry customer last night make you walk back to the candy aisle for a price check or what?

Not my fault you are not taking ANY advice given to you in this thread. People have given you a multitude of ideas especially to tell you your idea is just plain stupid and here you are pissing about it and then bragging about making $10. Whoopie!!!!! (not in a Chuck Woolery way)

HARD DELETE!!!!!

Did I not just pick a stock that increased 84% in one-week? Did I not advise people to purchase Best Buy which would have tripled their money? Listen man, I don't need advice I need money.

$500 / .045 = 11,111 shares

11,111 shares x 0.083 = $922.21

 

[SacramentoBob]

Have you considered applying to Goldman Sachs?

 

[Eminence]

I'm switching over to a different website. Tradeking and Just2Trade are two-options I'm looking at now. Looks like I can get transaction fees at about $4.00 a pop.

Please read all fine print first for any inactivity fees, minumum trade requirements, etc. theey may require.

Will do, I appreciate the heads-up.

 

[StrikeS2k]

Watch, our OP is going to move to something else and in a month or two this HEMP stock is going to hit $.50 and then its going to hit $1.50 or something like that but the OP won't have any of those shares to brag about. He won't have any massive amount of money either.

But, he will continue to tell us he was right.

Dude, get out of my thread. How many positive stock selections have you made publicly in the past-year? Put your money where your mouth is. I plan on gobbling up more HEMP stock just more than the $100 worth that I currently had.

Add him to the list!!!!

 

[Mystery Achiever]

Please read all fine print first for any inactivity fees, minumum trade requirements, etc. theey may require.

Will do, I appreciate the heads-up.

I didn't read everything, but here is one Tradeking fee that will affect you on stocks like HEMP.

"TRADEKING adds $0.01 per share on the entire order for stocks priced less than $2.00"

ETA- Here is the fees page. The basic rates are good, but they sure do nickel and dime you.

https://www.tradeking.com/rates/fees

Also, from Just2trade:

"Just2Trade is geared toward the experienced investor and requires investors to have at least two years of investing experience, online experience and a $2,500.00 minimum balance in their account."

 

[Eminence]

I'm gonna go smoke some weed and go back to sleep. It's gonna take 1 - 2 days for that money to transfer out of my account so I'm officially out of the game until that point. I'm switching over to http://www.tradeking.com

 

[Eminence]

Please read all fine print first for any inactivity fees, minumum trade requirements, etc. theey may require.

Will do, I appreciate the heads-up.

I didn't read everything, but here is one Tradeking fee that will affect you on stocks like HEMP.

"TRADEKING adds $0.01 per share on the entire order for stocks priced less than $2.00"

Interesting, so purchasing 300+ shares of stocks selling at less than $2.00 per transaction would actually be MORE EXPENSIVE than what I'm currently paying with Fidelity.

 

[jon_mx]

Watch, our OP is going to move to something else and in a month or two this HEMP stock is going to hit $.50 and then its going to hit $1.50 or something like that but the OP won't have any of those shares to brag about. He won't have any massive amount of money either.

But, he will continue to tell us he was right.

Dude, get out of my thread. How many positive stock selections have you made publicly in the past-year? Put your money where your mouth is. I plan on gobbling up more HEMP stock just more than the $100 worth that I currently had.

Man, who woke up on the wrong side of the bed this morning? Did you have an angry customer last night make you walk back to the candy aisle for a price check or what?

Not my fault you are not taking ANY advice given to you in this thread. People have given you a multitude of ideas especially to tell you your idea is just plain stupid and here you are pissing about it and then bragging about making $10. Whoopie!!!!! (not in a Chuck Woolery way)

HARD DELETE!!!!!

2). Mario Kart

 

[Eminence]

Actually, HEMP is down to $0.0775 per share. I might have to jump back in at that price.

 

[Premier]

I'm gonna go smoke some weed and go back to sleep. It's gonna take 1 - 2 days for that money to transfer out of my account so I'm officially out of the game until that point. I'm switching over to http://www.tradeking.com

Instead of getting high and sleeping, why not GO GET ANOTHER JOB. That's how you make money at your age. Not these bull#### weed stocks.

 

[Eminence]

HEMP is down to $0.072. At this point, it might actually benefit me to buy back in. Wish I had more seed money, would have liked to thrown $300 at that.

 

[Premier]

How do your parents let you live there, with you getting high and sleeping at noon?

 

[siffoin]

We could suss the legality. But depending on the exchange my transaction fees are approx $1.00 per trade. Not more than $2.00. He could send me his $500. I could make his trades and I'll only charge flat $4.00 per transaction - no other requirements.

 

[jon_mx]

Pot stocks may go up in smoke
The high times won’t last long for Wall Street’s pot brokers.

The sudden US investor interest in marijuana-related stocks — some having soared as much as 1,700 percent in value in recent weeks — may be growing as recreational and medical use of pot is legalized and debated nationwide.

But stock pickers and regulators issue this sober warning — these mostly pink sheet and over-the-counter “pot” stocks, a total of about 35 listings, could go up in smoke. And some pot-stock promoters are scammers trying to go legit in a dodgy industry, critics say.

“Most of these stocks are not good investments, but they are great for trading,” said Alan Brochstein, a widely followed “pot” stock expert who estimates their total market cap today at $5.5 billion based on converting all securities, like convertible notes or preferred stock, in the capital structure.

“The demand is high and supply low, leaving ridiculous valuations,” Brochstein said.

Richard Roberts, a former Securities and Exchange commissioner, says these same stocks are the kind that attract regulators. “These are very low-priced securities which have had very big run-ups — explosions in prices,” he told The Post. “Ordinarily when that happens, regulators at the state and federal level become interested.”

Indeed, the Financial Industry Regulatory Authority warned investors late last year to be on the lookout for shady promoters of marijuana-related stocks who pump up the price and then dump them on unsuspecting investors. These investors can take a heavy financial beating. The financial-services watchdog also said investors should be careful of businessmen in the industry who had done jail time.

Most of these marijuana-related stocks — some connected to the medical profession — are hardly 18 months old. Many trade for under $1 a share.

They have names like Hemp (HEMP), Cannabis Science (CBIS) and Medical Marijuana (MJNA). And some have seen huge price surges, as Colorado became the first US state to legalize recreational pot. The biggest of them all, says Brochstein, is CannaVest (CANV), a company trading above $70 that sells consumer products with industrial-hemp-based compounds.

The price fluctuations in such stocks, though, is often extreme. “From a practical point of view, for people in the financial services industry — my son who works for a hedge fund being one of them — it is really a very volatile market,” said Ron Brogan, regional director in the New York area at the anti-drug group D.A.R.E. “The stock may have an initial spike, but ultimately it probably is a very dangerous investment.”

Brogan, a former agent at the Drug Enforcement Administration, is highly critical of former Seattle DEA agent Patrick Moen, who, in a well-publicized move recently, quit to go to work as managing director of compliance at Seattle-based marijuana investment firm Privateer Holdings. Moen defended his move, saying he wants to advance a reputable pot industry.

Brogan is no proponent of pot stocks. “I think they are doing a great disservice to this country and to the children of this country,” he said.

Former SEC Commissioner Roberts says these marijuana-related stocks are no different from many other low-priced stocks: Sometimes they attract unsavory types.

“The authorities are paid to make a decision on what’s legal or not, but I would treat [marijuana-related stocks] like any other low-priced stock,” he said.

As long as you are on the same page as the stock manipulators, you can make good money on these. But if they do something unexpected, which one day they will, your ### is grass so to speak.

 

[TheIronSheik]

Wait what? How much did you make?

If my math is correct:

Bought 880 shares at .064 = 56.32 (plus 7.95 transaction fee)

Sold 880 shares at .087 = 76.56 (plus 7.95 transaction fee)

Profit on shares of 20.24 less 15.90 transaction fees = $4.34 profit

Wow.

I missed that he had made another purchase of HEMP stock.

Still, 20 bucks. Pointless.Can someone bump his classic threads? Are they still around? I don't know what to look for. Shiek has to have them bookmarked.

I'd love to bump them, but he asked for most of them to be deleted. Hard deleted. If you were lucky enough to catch one while it was in full bloom, it was like being one of those lucky people who buys a plane ticket for $12 because the website screwed up.

 

[Captain Quinoa]

I'm gonna go smoke some weed and go back to sleep. It's gonna take 1 - 2 days for that money to transfer out of my account so I'm officially out of the game until that point. I'm switching over to http://www.tradeking.com

Instead of getting high and sleeping, why not GO GET ANOTHER JOB. That's how you make money at your age. Not these bull#### weed stocks.

He's super busy.

 

[zoonation]

Is this really a 10 page thread about someone investing what amounts to lunch money?

 

[mr roboto]

I love the 'get out of my thread' shtick.

 

[TheIronSheik]

I'm gonna go smoke some weed and go back to sleep. It's gonna take 1 - 2 days for that money to transfer out of my account so I'm officially out of the game until that point. I'm switching over to http://www.tradeking.com

This is the true sign of a hard working young American.

 

[jon_mx]

I love the 'get out of my thread' shtick.

Watch it, you could become number 3.)

 

[Card Trader]

Is this really a 10 page thread about someone investing what amounts to lunch money?

It's great fun. His trades amount to a tank of gas, you can't make this stuff up.

 

[TheIronSheik]

I feel like this would be a great premise for a sitcom.

 

[mr roboto]

I love the 'get out of my thread' shtick.

Watch it, you could become number 3.)

I'm already on his ignore list. He's the first poster who has ever put me on ignore.

 

[Mario Kart]

I feel like this would be a great premise for a sitcom.

If everything the OP does is wrong then the opposite must be right.

 

[jon_mx]

I love the 'get out of my thread' shtick.

Watch it, you could become number 3.)

I'm already on his ignore list. He's the first poster who has ever put me on ignore.

I love the 'get out of my thread' shtick.

Watch it, you could become number 3.)

I'm already on his ignore list. He's the first poster who has ever put me on ignore.

How do you know? I am pretty sure I am on dozens.

 

[Eminence]

HEMP keeps changing from .073 - .074. I'm trying to catch a low.

 

[Sarnoff]

I love the 'get out of my thread' shtick.

Watch it, you could become number 3.)

I'm a trailblazer for new shtick. Gonna plant my flag on this one.

 

[UniAlias]

How do your parents let you live there, with you getting high and sleeping at noon?

I'm curious about this as well.

 

[Eminence]

Serious question, I tried selling HEMP when it was $0.087 but it didn't sell right away and eventually sold for $0.0083.

Lost about $6.60 right there.

How do I set it up so I only sell at a certain price? I thought I could sell right away?

 

[Mystery Achiever]

You need to use a limit order to pick your price. That will, though, make it harder for sale to go through, especially if there is low liquidity.

 

[siffoin]

Serious question, I tried selling HEMP when it was $0.087 but it didn't sell right away and eventually sold for $0.0083.

Lost about $6.60 right there.

How do I set it up so I only sell at a certain price? I thought I could sell right away?

you probably placed a market order when you needed to place a limit order.

 

[Eminence]

HEMP down to $0.0717. Hard to resist, but I want $0.071.