04-20-2007, 07:35 AM
|
 |
Super Moderator
|
|
Join Date: Apr 2005
Location: Albuquerque, New Mexico USA
Posts: 1,380 | Points: ( Donate)
|
|
Quote:
|
Originally Posted by kingsleymok
Well,
I've just purchased the CD online and I await for the arrival of the CD.
Tomorrow, I will be making calls to ScotTrade and ETrade enquiring their services and open an account with one of them after my decision. Then start exercising my options and start with the $1 - $10 market range.
I don't know about the Penny Stocks. Seems too risky. The companies will just fold anytime and take the money and leave. I've looked at the Russell Industries (RSDS) from the earlier post here and there's not enough leverage or enough material to convince me to invest in them. I will focus on the $1 ~ $10 range and slowly build up there using Orange's and other's theory about the 5% to 20% method.
I would personally focus on the Coal sector as coal is huge demand in China.
|
kingsleymok, i ran a coal play a few months back (JRCC). as i recal, i kinda broke even on it. maybe it'll work better for you. helpful to understand the basic types of coal and invest in the best (i'm sure you're on top of this, of course). one type is high-sulfur (bad), the other is low-sulfur (good). this mainly has to do with energy density, but increasingly it's also related to pollution density. 
__________________
___________________________________________
[SIZE=2"No more riddles."[/size]
___________________________________________
get the cd. it's how money gets made.
|