Ramblings

Well, this week is starting off ok. SIO is moving back up a little as is DML. Too bad I couldn't get anymore SIO at 52 cents as I need to downward average a little !

Looks like I'm going to win the Pinnacle Digest Stock Challenge for May which makes it twice this year. I picked PYN and MIT for the June contest. Actually pinnacledigest.com is a great site  unlike stockhouse.com. You can actually get great opinions and commentary whereas at stockhouse, all you get is crap from either pumpers or bashers.

I do use stockhouse to see which stocks are being pumped or bashed - I factor this in as part of my stock picking strategy along with normal DD of course.

I'm planning to get rid of some of my non-performing shares but every time I do that, they go up virtually the day after ! So, if anyone is reading this, perhaps you should do the opposite of what I'm doing. An example with this is BIO - My strategy was to buy/sell on a 10 cent spread which I did a few times but got tired of waiting for it the last time and sold it at a small loss - of course for the next 2 days after I sold it, it went up and the difference to me is about $1,000 on a $2,100 investment ! Piss Me Off !!!!!

Good thing I've had 2 5-baggers this year but I think my best performance is yet to come. I'm depending on MIT, PYN, and SIO to all be multi-baggers by the end of the year as they are all extremely cheap right now. SD, OEI, SSS should at least double.

Gonna try and dump CNY for around $1 which gives me a 40% return over a year. I've been waiting for this one to pop and am just too tired of waiting.