Anyone want a great stock tip?

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cordoncordon

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Amazing said:
you sell the stock.. someone buys it. stock falls. who is holding the bag? the guy you sold to. what is hard to understand?

does everyone see how he has the inside info and is a step ahead of everyone? so he knows when the promo is done, when its time to run.. etc.

you don't.
Just because I sell a stock doesnt mean it goes down. For example I sold KERX last year around $1.5 from my .20 average buy ins. Stock now trades near $3. Whomever bought my shares has done quite well. Sure, sometimes I sell and a stock goes down, but guess what, sometimes I buy from someone and the stock goes down as well. Thats the name of the game. Again, you dont have a clue. To think that there are people out there losing money specifically from stock I sold them???? Crazy dude.
 

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cordoncordon said:
Just because I sell a stock doesnt mean it goes down. For example I sold KERX last year around $1.5 from my .20 average buy ins. Stock now trades near $3. Whomever bought my shares has done quite well. Sure, sometimes I sell and a stock goes down, but guess what, sometimes I buy from someone and the stock goes down as well. Thats the name of the game. Again, you dont have a clue. To think that there are people out there losing money specifically from stock I sold them???? Crazy dude.

your own words, 99.9% of pinks go down.

you know when they will go up to the boiling point.

I am guessing if you try really hard, put the 2 and 2 together...
 

cordoncordon

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Amazing said:
your own words, 99.9% of pinks go down.

you know when they will go up to the boiling point.

I am guessing if you try really hard, put the 2 and 2 together...
Why are you arguing with me? I mean Ive only traded stocks since i was 12, I worked on the Chicago Board Options Exchange for 8 years trading options, and have daytraded for myself for 8 years making a damn good living.
Cmon...just stop. Anyone who buys a pink or OTC stock knows the risks, and if they dont, they will learn soon enough.
 

Wiesman44

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cordoncordon said:
Why are you arguing with me? I mean Ive only traded stocks since i was 12, I worked on the Chicago Board Options Exchange for 8 years trading options, and have daytraded for myself for 8 years making a damn good living.
Cmon...just stop. Anyone who buys a pink or OTC stock knows the risks, and if they dont, they will learn soon enough.

Its funny, I'm a frequent poster of elitetrader.com (daytrading website) with almost 1000 posts since '06 so I know how the site runs. You even try and post some info about a penny stock and the thread will either get locked or you'll get reprimanded by the mods. Long story short, the daytrading community does not look favorably upon penny stocks. If you are one of the few who can make a living off those, good for you, I'm not judging you.

But you going to a site about women, and posting stock tips just seems fishy to me.
 

cordoncordon

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Wiesman44 said:
Its funny, I'm a frequent poster of elitetrader.com (daytrading website) with almost 1000 posts since '06 so I know how the site runs. You even try and post some info about a penny stock and the thread will either get locked or you'll get reprimanded by the mods. Long story short, the daytrading community does not look favorably upon penny stocks. If you are one of the few who can make a living off those, good for you, I'm not judging you.

But you going to a site about women, and posting stock tips just seems fishy to me.
Im in the anything else section buddy.
 

Bible_Belt

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cordoncordon said:
BB, MMRF has only been around for a year or so. Im surprised you didnt do a little more DD on this. MMRF was once FVRL (Favrille, Inc.), which was a bio tech company trading on the nasdaq. FVRL had most of its drug portfolio turn out to be worthless (except for one in phase III trails that MMRF now owns) and FVRL went BK and became a shell. (A shell is company that does nothing, it just has its symbol and shares as value) Mymedicalrecords.com, a private start up company, then reverse merged into FVRL, and the FVRL symbol became MMRF last year. You cannot look at the the chart until just the past year as that is all that has any revalence. When the stock jumped from .02 to .30 is when the reverse merge happened btw. Now the company is much further along then when it first merged a year ago, and is ready to make its move, along with the stock. :) Look at this chart, you WILL NOT FIND a better looking chart with all breakout indicators saying its go time. See the Bollinger bands tightening? See the moving averages converging and the accumulation line? :)

http://img214.imageshack.us/img214/6062/mmrf2.png

Honestly, it still looks like a complete pos to me. But picking bottoms was not how I was taught to trade. I like stocks that go up, at least for long positions. This stock has gone down and sideways for a year. I wouldn't predict it to go down further, but rather to just keep meandering sideways, which is an easy way to lose money, too. But I only know what I was taught, which is basically risk-management for trading large sums of other peoples' money. When you trade OPM, there are a lot of rules.

But like I said, I don't question your motives or methods if they work for you, and I am happy to see anyone succeed at trading. It's not easy!
 

cordoncordon

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Bible_Belt said:
Honestly, it still looks like a complete pos to me. But picking bottoms was not how I was taught to trade. I like stocks that go up, at least for long positions. This stock has gone down and sideways for a year. I wouldn't predict it to go down further, but rather to just keep meandering sideways, which is an easy way to lose money, too. But I only know what I was taught, which is basically risk-management for trading large sums of other peoples' money. When you trade OPM, there are a lot of rules.

But like I said, I don't question your motives or methods if they work for you, and I am happy to see anyone succeed at trading. It's not easy!
This chart looks like a POS to you???? Honestly you wont see a better looking chart primed for a breakout. Bollinger bands are tight, MACD turning positive, and a golden cross about to occur as the 50 day is about to cross the 200 MDA. Its quite simply a thing of beauty :).

http://img691.imageshack.us/img691/7084/mmrf4.png

Add in the fact that the company is about to just now produce revs for the first time, their product is just now starting to get presented and sold by Kodak sales force with contracts to be announced, and today we had massive news concerning the govt and the $2 Billion they are going to be pouring into this industry. (read below) Its PRIMED.

Im always amused by people that think just because its a penny stock, it has more risk. Granted if Im dealing with a mutual fund worthbillions, i probably dont want to be putting that cash in SPNG at .005 lol, but for the individual investor, i actually think its LESS risky as long as you know waht you are doing. Newsflash. Penny stock companies dont like to put out bad news, mainly because many of them sell shares, so they want the best news out there available and keep bad news to a minimum. Plus they arent influenced by the general market on a day to day basis. So if someone bombs an oil refinery over in Nigeria, I dont have to worry about the Nasdaq or the Dow opening up down 5%, in which case any of my big board plays are likely to be down as well that day even though they have nothing to with oil or even the economy. Someone bombs a refinery, lets take down a biotech stock 10% that day. Makes sense to me lol.
 

cordoncordon

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Here was the news today about the US govt pouring in billions into MMRF's industry, electronic medical record keeping.

HHS Announces Additional $162 Million in Recovery Act Investment to Advance Widespread Meaningful Use of Health IT

FOR IMMEDIATE RELEASE
Monday, March 15, 2010

Contact: HHS Press Office
(202) 690-6343

Final awards of state health information exchange cooperative agreement program work to build health information exchange infrastructure throughout the states

U.S. Department of Health and Human Services Secretary Kathleen Sebelius today announced awards to help states facilitate health information exchange and advance health information technology (health IT). Funded by the American Recovery and Reinvestment Act of 2009, today’s awards are part of the $2 billion effort to achieve widespread meaningful use of health IT and provide use of an electronic health record by every citizen by the year 2014. Every state and eligible territory has now been awarded funds under this program.

“These critical investments will help unleash the power of health information technology to cut costs, eliminate paperwork, and help doctors deliver high-quality, coordinated care to patients,” said Secretary Sebelius. “States are important partners in improving and expanding our electronic health records system. By improving the secure exchange of electronic health records between providers and hospitals within and across states, these awards mark a significant step in bringing our health system into the 21st century.”

The health information exchange HIE awards announced today provide approximately $162 million to 16 states and qualified state designated entities (SDEs) to facilitate non-proprietary health information exchange that adheres to national standards. Health information exchange is critical to enabling care coordination and improving the quality and efficiency of health care.

“Today’s announcement of awards to 16 states and SDEs marks a significant milestone with all states now empowered to start their journey towards identifying innovative ways to break down theses barriers that prevent the seamless exchange of information, so that we can give patients the access to care they deserve and expect,” stated Dr. David Blumenthal, national coordinator for health information technology. “States play a critical leadership role in advancing the development of the exchange capacity of healthcare providers and hospitals within their states and across the nation. Health information exchange will enable eligible healthcare providers to be deemed meaningful users of health IT and receive incentive payments under the Medicare and Medicaid electronic health record (EHR) incentive program.”

These cooperative agreements were awarded under the authority of Title XIII of ARRA, the Health Information Technology for Economic and Clinical Health (HITECH) Act which amends Title XXX of the Public Health Service Act by adding Section 3013, State Grants to Promote Health Information Technology. Section 3013 provides for the awarding of competitive grants to promote health information technology. On February 12, 2010, HHS awarded $385 million to 40 states and SDEs. The awards announced today complete the awarding of cooperative agreements funded by this program.

A listing of the state HIE competitive agreements announced today:
http://www.hhs.gov/news/press/2010pres/03/20100315a.html
 

Wiesman44

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good luck OP. Wish u the best. I just won't be riding this train. I'll stick to trading the ES.
 

Amazing

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cordoncordon said:
This chart looks like a POS to you???? Honestly you wont see a better looking chart primed for a breakout. Bollinger bands are tight, MACD turning positive, and a golden cross about to occur as the 50 day is about to cross the 200 MDA. Its quite simply a thing of beauty :).

http://img691.imageshack.us/img691/7084/mmrf4.png

Add in the fact that the company is about to just now produce revs for the first time, their product is just now starting to get presented and sold by Kodak sales force with contracts to be announced, and today we had massive news concerning the govt and the $2 Billion they are going to be pouring into this industry. (read below) Its PRIMED.

Im always amused by people that think just because its a penny stock, it has more risk. Granted if Im dealing with a mutual fund worthbillions, i probably dont want to be putting that cash in SPNG at .005 lol, but for the individual investor, i actually think its LESS risky as long as you know waht you are doing. Newsflash. Penny stock companies dont like to put out bad news, mainly because many of them sell shares, so they want the best news out there available and keep bad news to a minimum. Plus they arent influenced by the general market on a day to day basis. So if someone bombs an oil refinery over in Nigeria, I dont have to worry about the Nasdaq or the Dow opening up down 5%, in which case any of my big board plays are likely to be down as well that day even though they have nothing to with oil or even the economy. Someone bombs a refinery, lets take down a biotech stock 10% that day. Makes sense to me lol.


oh my god.

you are waaaay in too deep, someone must have paid you a few grand and now wants you to work for it.

penny stocks are now better for an average investor? Are you f*cking kidding me? YOU say yourself that 99.9999999% of them go down, AND HARD. and it is a dirty game, where promoters, the shady CEOs, and people like you take the rookies you bring to the game.

Cut the bullsh**, how much did you get paid?
 

cordoncordon

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Amazing said:
oh my god.

you are waaaay in too deep, someone must have paid you a few grand and now wants you to work for it.

penny stocks are now better for an average investor? Are you f*cking kidding me? YOU say yourself that 99.9999999% of them go down, AND HARD. and it is a dirty game, where promoters, the shady CEOs, and people like you take the rookies you bring to the game.

Cut the bullsh**, how much did you get paid?
I got paid to post a stock alert on a dating website? Are you f'ing serious? Do you believe little green men come and visit you at night to?

I don't know, ask the millions of people who had GS stock, or MS stock, or C stock, or AIG stock, or WAMU stock or the hundreds if not thousands of bank and investment fund stocks that went to basically nothing the past two years. See how safe they think they are?

And btw, IF someone did pay me to promote a stock (which they haven't here) trust me, I would get way more than a few grand lol.
 

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cordoncordon said:
I got paid to post a stock alert on a dating website? Are you f'ing serious? Do you believe little green men come and visit you at night to?

I don't know, ask the millions of people who had GS stock, or MS stock, or C stock, or AIG stock, or WAMU stock or the hundreds if not thousands of bank and investment fund stocks that went to basically nothing the past two years. See how safe they think they are?

And btw, IF someone did pay me to promote a stock (which they haven't here) trust me, I would get way more than a few grand lol.

You should learn to copy/paste better. Pretty clear it was a paste job in the first post. I am sure you are running around blowing up other forums and ihub as well.

In any case, why don't you put your money where your mouth is.

tell us how much you hold, at what price, and when and at what price do you plan to sell.
 

cordoncordon

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Up 40% in two days since I gave it to you guys at .10. Closed at .14 today on really nice volume. A simple $10,000 investment now worth $14,000, and moving higher. :) Congrats to all those that listened and DIDN'T listen to the group of idiots and naysayers who said this was junk.
 

Wiesman44

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3.5 million volume today. Average daily volume is 210k.

3.5 million volume is the highest volume this stock has had in almost 2 years. The fact that this happened IMMEDIATELY after the OP posted this message on this board makes this very very suspicious of a pump and dump scheme to me.

You can laugh at us all you want OP. Some of us don't want to follow blindly some random guy ranting and raving about his penny stock daytrading prowess on the internet.
 

cordoncordon

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Wiesman44 said:
3.5 million volume today. Average daily volume is 210k.

3.5 million volume is the highest volume this stock has had in almost 2 years. The fact that this happened IMMEDIATELY after the OP posted this message on this board makes this very very suspicious of a pump and dump scheme to me.

You can laugh at us all you want OP. Some of us don't want to follow blindly some random guy ranting and raving about his penny stock daytrading prowess on the internet.
I may be many things, but trust me one thing I am NOT is random. Those who know me and what I do can attest to that.

BTW Im not laughing at anyone. Investing in stocks is not for everyone, especially penny stocks. But I still can't figure on the animosity so many of you laid out towards me for a simple stock pick. Whether its going up because of news, fundamentals, a pump, or because a guy peed on a bush in China, it really doesn't matter. I don't know of anyone who would turn down money on a stock play because they don't like the reasons it was going up. The fact is its up and going higher and those that listened are doing aight'.
 

steve38

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Experienced trader here chiming in. I know a lot of long-time successful traders and none of them trade penny stocks and none of them brag about how much they made, especially on a non-trading forum.

But you cannot deny it was a good call. Its certainly not for everyone, but if this style works for you, then more power to you. Congrats.

Oh yeah, what's your next pick? lol :)
 

cordoncordon

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steve38 said:
Experienced trader here chiming in. I know a lot of long-time successful traders and none of them trade penny stocks and none of them brag about how much they made, especially on a non-trading forum.

But you cannot deny it was a good call. Its certainly not for everyone, but if this style works for you, then more power to you. Congrats.

Oh yeah, what's your next pick? lol :)
Well I am an experienced trader. I do this full time, I make mid to high 6 figures trading yearly, and was a options trader on the CBOE for 8 years. Ive basically been doing this since I was a kid. :)

As for the next play, I have many lined up, but HPNN might be one youll want to look at. It's a piece of ****e and I wouldnt buy it yet, but it will move.
 

Oxide

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I have traded on cordon's picks before, and he is usually good at giving the heads up. Last two stocks moved at least 60% each, yes there are obvious risks with penny stocks (you can lose almost everything if you do not sell in time) and anyone trading them should know that going in.


I haven't seen him this excited about a pick in awhile though! :up:
 
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