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Whatever guys, thread open. (2 Viewers)

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JANUARY 27TH MARKET VALUE OF PORTFOLIO: $739.86

JANUARY 28TH MARKET VALUE OF PORTFOLIO: $739.76

+WALGREENS: -$4.05

+HEMP: +$3.95

 
If I didn't sell my portfolio, I would have not made as much money on the day, right?

If I didn't touch my HEMP, I would have 1,651 shares @ $0.08 per share.

Since I sold and rebought my HEMP, I now have 1,666 shares @ $0.08 per share.

It's a moderate gain but definitely a better move than 'doing nothing'. Transaction fees gouged me a bit but I like the position I'm in. I know what the % yields were and I want to see if I can consistently create them.
I haven't been paying close attention, but are you saying you paid $16 in transaction fees today to add 15 shares of a stock valued at $0.08?
That's right. So he is up 39% on the day.(made those numbers up because that appears to be the theme of the thread)
:lmao:

 
If I didn't sell my portfolio, I would have not made as much money on the day, right?

If I didn't touch my HEMP, I would have 1,651 shares @ $0.08 per share.

Since I sold and rebought my HEMP, I now have 1,666 shares @ $0.08 per share.

It's a moderate gain but definitely a better move than 'doing nothing'. Transaction fees gouged me a bit but I like the position I'm in. I know what the % yields were and I want to see if I can consistently create them.
I haven't been paying close attention, but are you saying you paid $16 in transaction fees today to add 15 shares of a stock valued at $0.08?
That's right. So he is up 39% on the day.(made those numbers up because that appears to be the theme of the thread)
:lmao:
Link.

Seems pretty legit to me.

 
Em, don't listen to these fools. They are jealous of your uncanny ability to work the Stock Market. You have a skill. Don't let anyone tell you differently.

Will you be back on tomorrow to keep us updated of your progress?
I'll be back on tomorrow morning, I work @ around 2:45.

 
Someone ask chet or Krista if this is technically a violation of some SEC rule about actually needing a license to build a fund.

 
I'll run through this niiiiice and slooow for you guys:

Here's what I did:

SOLD - $0.083 x 1561 = $129.563 - $7.95

VALUE - $121.613

BOUGHT - $0.071 x 1666 = $118.286 - $7.95

VALUE - $110.33

The stock then increased to $0.08 per share.

1,666 x $0.08 per share = $133.28

-

Here's what would have happened if I didn't touch my stock at all

OPEN: $0.0709 x 1651 = $117.05

CLOSE: $0.08 x 1651 = $132.08

-

VALUE OF SHARES @ OPENING: = $110.67

VALUE OF SHARES WHEN SOLD @ $0.083 PER SHARE = $129.563

VALUE OF SHARES CURRENTLY = $133.28

Does this make sense to you guys?
You are making chump change.Your transaction fees are greater than your profits.
Well, duh, but that's not really the point. This is a thread trying to get people to invest money into my fund. And I have made gains of:

84%

39%

12%

In the past-week, that could be your money, sir.
Whoa. THAT is why you're doing this?
Didn't you read the original post? This is the spinoff of the,

"Hey gays, who wants to make some money?" thread.

It was an eloquently written thread quoting such stock success stories as:

Best Buy

Twitter
Bump

 
Someone ask chet or Krista if this is technically a violation of some SEC rule about actually needing a license to build a fund.
1. Create your fund entity

2. Name your fund

3. Apply for a tax ID number. Your fund entity will need to get a Federal Employer Identification Number (FEIN) from the Internal Revenue Service (IRS).

4. Become an investment advisor. You will need to register with the Securities Exchange Commission (SEC) if you have 15 or more investors in your fund. If you have less than 15, you don't have to register with the SEC, but you still may have to register in some states.

5. Take the Series 65 regulatory exam. The 3-hour exam tests your basic knowledge of securities laws and practices as well as your understanding of ethics. When you pass the exam you will be a licensed investment advisor with your state. Fill out a form U-10 with your state, pay the exam fee and schedule your exam.

6. Protect yourself from liability by creating a corporation to be the general partner of your fund entity. This will be your investment advisory company. Get an FEIN for your new advisory company from the IRS.

7. Register your company as the Registered Investment Advisor (RIA). Do this on the website of the Investment Advisor Registration Depository (IARD).

8. Register yourself as the Investment Advisor Representative (IAR). Submit a Form U-4 and pay the fee to the IARD.

9. Register the fund offering with the SEC. This is not the same as registering the fund itself. Fill out Form D with the SEC. This registers your limited partnership, limited liability company, or trust. Fill out Form D in each state in which you intend to offer your fund.

He should be able to knock those out by noon tomorrow, then it's free :moneybag:

 
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Just read thru all 668 posts and I have no ####### clue what is happening.

But if I can take a stab at it - Is Eminence gonna be eyeball deep in blow and vaj very soon?

 
OK, then guys. What should I have done with my stock today? Let it sit?

If I didn't TOUCH my stock. I would have:

1,651 shares worth $0.08 per share.

Since I did TOUCH my stock. It's currently worth:

1,666 shares worth $0.08 per share.

What exactly did I screw up?
If you did nothing today and retained your 1651 shares (at an average cost basis of .0545), you would have had 1651 * .08 for $132.08 AND $15.90 in uninvested cash for a total of $147.98
Hey genius, where do you think that "uninvested cash" came from?

(Everyone else, feel free to help him out with this one.)
Under the sofa cushions?

 
I love this thread.....I don't even care that it is fishing........

 
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i say we all kick in $100. That should move this thread into super elite legendary status.
Pretty sure that would go down as the most people ripped off by one person ever in this forum. Then we'd find out Em is actually Lhucks, he'd promise to pay it back, and then welch on that.

 
If Obama would have mentioned how he smoked weed tonight that would have covered the next 4-5 transactions tomorrow at least

 
I would have bought Twitter stock but then I got high

I would have sold HEMP short but then I got high

I would have ignored Shiek but then I got high

 
It's really funny how stupid most of you are:

1.) I'm not trying to make money. I'm trying to prove to you that I have the knowledge and skill to use your seed money to make you money. My initial investment was about $100.

2.) You're making fun of me, despite the fact that I literally have had gains of 84% and 39% in the past week. In the finance world, that's a pretty damn good ROI short-term.

3.) I've stated like 10 - 15 times how this is PRACTICE for when I have access to my Walgreens stock. Starting on March 31st I'm going to have an additional $500 a month to spend on stock.

Are you guys going to laugh at me when I make 84% on my $500 investment and walk away with an extra $420 for doing nothing? I really like how this thread has developed, there's two groups of people I'm socializing with here.

Group A: Guys where all of this is WAY over their heads. They're spitting venom like crazy and don't seem to understand that I don't care about my actual monetary gain of these transactions; that I'm practicing for when I have $500+ to spend on each transaction I make.

Group B: Guys who's interest I've generally raised with transactions I've made recently and stock selections I've made over the past year. They are taking the "wait and see" approach and actually fluidly following what I've been saying on here. While giving me a hard time, they on some fundamental level acknowledge I have been KILLING IT with my stock picks.

 
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But if it pleases my audience, then sure, I am a dummy who thinks he's gonna get rich investing $100. I mean, clearly I'm that stupid, right?

 
guys if you took his advice you'd have literally tens of dollars right now
Hey hard ###, how bout you put your money where your mouth is? Pick ONE STOCK that has outperformed any of my previous calls.
hey hard ###, how bout you put your money where your mouth is? work 40 hours ONE WEEK.
I work and go to school full-time.
I worked 40 hours a week waiting tables and worked on my bachelor's full time so I am not sure what your excuse is.
 
guys if you took his advice you'd have literally tens of dollars right now
Hey hard ###, how bout you put your money where your mouth is? Pick ONE STOCK that has outperformed any of my previous calls.
hey hard ###, how bout you put your money where your mouth is? work 40 hours ONE WEEK.
I work and go to school full-time.
You said you were about to rip a bong and take a nap at noon yesterday. You're not exactly a Russian construction worker or anything.

 
But if it pleases my audience, then sure, I am a dummy who thinks he's gonna get rich investing $100. I mean, clearly I'm that stupid, right?
Eminence does rhyme with brillence. I'm a believer.

Does your HEMP still have room to grow or has it reached it's high?

 
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But if it pleases my audience, then sure, I am a dummy who thinks he's gonna get rich investing $100. I mean, clearly I'm that stupid, right?
I am not sure stupid, but on the naive scale you are off the charts. You live at home with mom and you are still in debt and don't have any cash to invest. You are getting a degree which doesn't have any long term earning prospects more than the job you are currently in. You seem to possess no clue on how dangerous it is to play penny stocks. Sure there are ridiculous movements up and down, but to win on any large scale is nearly impossible. Try selling 1,000,000 shares of your hemp stock and see what happens. You want to set up some kind of investment fund, but you lack any concept of the legal requirements to do so. You are really going to hate yourself come time to prepare your taxes, each of these trades where you net $1.20 will take you 15 minutes to document and account for plus you will get hit with capitol gains taxes on them. I don't know, maybe your word was better.

 
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