Happy New Year Orange,
I have been away for a while. The consistent 10% a week is an excellent approach. That was exactly my plan for 2007. Most successful investor say that consistency & persistance are far more important that the rate of the return. Also the 10% is a far more realistic return on the play than the +100% that most of us dream of & lose our hard earned dollars in search for it.
I wasn't surprised to see you adopting this idea. Since you talked about "modelling" I see that you generally think the same way I do. You seem to have a mathematical/systematic approach. I admit I had exactly the same concern you wrote about mm's messing it up if the plays are announced in advance. Of course I do expect to change my strategies as I go & as my capital grows. I will share some of my own rules to maximize my chances of success.
1. Stay away from Pink Sheet stocks; I hate to bid on a stock "blindly" not knowing the bids & asks out there.
2. Stay away from sub-penny stocks. I find that the lower the price, the higher the manipulation.
3. Set a minimum daily average $$ flow (stock price X volume) to make sure that I can sell when I decide to do so.
4. Someone was talking about the taxes. Here is an idea. Play it in a tax-sheltered plan. Can you imagin if you have $1Million there in a year; you could possibly retire then or shortly after. However, limit the game to your $500 & its returns, i.e. don't gamble with your retirement $$.
Orange, I take off my hate for you.
Good luck & all the best for 2007 & the years to come.
Soliman