Have been buying, but not much.

By William Cash

Hi,

I have been buying a bunch of stinky pinkies as they come up.   Have not been doing a lot as the business is demanding so much attention.  We are very busy.  Its a good thing.  I’m not complaining.

Have been buying stocks (1-4 per mo.) that have tanked to hell.  Winning only 75% of the time.  But 75 is better than 0.

When it slows down I will give it more of a shot.  Still ahead of the game, but not by a ton.

Happy Trades!

W$

Bought one BK and buying another schlub….

By William Cash

I like some of the bankruptcy’s that are out there.  Some of the companies that were in trouble b4 the drop that went chapter11 I am watching and buying.  I just bought $1000 of abwtq.pk    I bought it at yesterday .42 and from what I can tell it might be one of those stox to buy and hold.  From what I can tell, they are going to honor the shareholders equity.  Financials suck less than they did…..we’ll see how it plays out.

http://finance.yahoo.com/q?s=ABWTQ.PK Abitibibowater Inc

I’m buying an obvious pump n dumper.  It is clrh.ob…. Clear-Lite Holdings, Inc.    It is some light bulb company that people have pumped the shit out of and then dumped hard.  http://finance.yahoo.com/q?s=CLRH.OB Why am I buying it?  This schlub has been sold soooo hard there has to be room for it to retrace slowly.  Watching for the bottom of the sell-off…..Thinking of buying in the .30’s…  Don’t care about the company, just the movement.  Update:  Still waiting to buy…its in the mid .20’s range….falllllllllllllling, falling!!!  Maaybe Monday…..who knows…

Update:  Still in abwtq.pk and bought clrh.ob at .26 and at .29.  In a perfect world, it should hit .81…I’ll just wait to see…so far so good its sitting @.38.

Update:  Jumped out of abwtq at .425 saw it descending.  Waiting for the correction to finish, then will jump back in @$2,000.  Still in clrh even though its been a down day again 4 it.

Update: Still did not get back into abwtq.  Bought twice on ckrh….grrrr, losing money, waiting too see a reversal…can’t know if it will even happen.  I guess we’ll see.  Being stubborn on this one, should have sold already but did not.

Critical Update:  Damn, I’m glad I waited again on abwtq…..holy shit what a tanking!  They voted to kill the shareholders equity!!!!  Buttheads!  Currently holding  ckrh, losing big-time so far….pfffffft.

Trade like you need food……

W$

Getting a breather at the office, starting to trade again…..

By William Cash

Hi,

Business is slowing down a little bit at the office.  So, I started to watch and re-learn how to trade again.  I started off by purchasing VIPR on the kneejerk sell-off today.  In the IRA acct. I purchased $600 worth at .0015 and I think it closed at .0016 today.  Woo-oh….$40 in the green so far,,,LOL!  Hardly worth mentioning….  I’m looking for it to open higher in the morning.

W$

I sat down to take a peek because I had a few min, bought.

By William Cash

Hi, It has been a while since I have bought anything.  I sat down this morning and bought a stock that had tanked bad.  They had failed their Lung Cancer trial phase.  I read between the lines and quickly bought some shares for the IRA.  I’m expecting something…..Either a slow knee jerk or a 40% loss.

NVLT is the ticker.  Bought at .302

I miss having the time to trade.  Business has been soooo good that I have not been able to afford the time to give to this trading……..

Happy Trades my friends!

W$

Got out of CBAI

By William Cash

Hi,

My CBAI position sold today.  I was looking for a penny, but who cares….close enough.  Ended up with $450 profit. Haven’t bought anything too busy at the shop.  Happy trades!  W$