Monday, August 1, 2011

Stocks

So I dumped money in this penny stock CNYC, a copper mining company. I'm pretty knew to penny stocks and active trading in general. So it came to no surprise I lost about -20% in that venture. 

But...

I came ahead +2%, I dumped money into PCFG (A gold company petty stock) and it rose about 22% just before they passed the debt ceiling bill (http://statenisland.ny1.com/content/top_stories/144089/house-passes-debt-ceiling-bill--senate-vote-still-to-come). Now I wait for tomorrow and see what happens.
Posted by Reuel at 8:17 PM

6 comments:

  1. Jackson.kAugust 2, 2011 at 4:43 PM

    Well, you'll find as with anything, practice makes perfect. It's all a gamble though, so be careful!

    ReplyDelete
  2. AnonymousAugust 2, 2011 at 4:49 PM

    Always bet on gold. Nowhere to go but up. Is this going to be a blog about stocks?

    ReplyDelete
  3. AnonymousAugust 2, 2011 at 5:21 PM

    Stocks are cool +follow

    ReplyDelete
  4. Railard J.August 2, 2011 at 7:15 PM

    I would like to learn how to make these investments, seems complicated

    ReplyDelete
  5. MilkyAugust 2, 2011 at 7:20 PM

    Always been interested in stocks o;

    ReplyDelete
  6. mentats4meAugust 2, 2011 at 10:48 PM

    I am interested in stocks. A couple of years ago Bank of America dropped to about 2.30 per stock almost invested but didn't. Next thing I know over triples in price. :(

    ReplyDelete

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