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Old 01-14-2013, 08:10 AM   #1
MrMaxwell
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COWI .. I fucked up buying it, but ..

http://www.otcmarkets.com/stock/COWI/quote
I meant to place the order at .0018 but I was in a hurry trying to get it placed before the price moved(I expected the open run-up and BLAM... it happened)... so I ended up paying .0028

BUT it is a $400k promo... so I might be alright, anyway.. Cross your fingers for me!! This really sucks because to make it back to even I have to hit .00402251

Also if any of you want to buy a few million shares to drive the price up, I would not be upset about that since I own shares and according to me this stock could go to $3 and I could have invented a bird which has no wings yet flies all of the time
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Old 01-14-2013, 08:12 AM   #2
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Damn, that is the coolest story I've ever heard, bro. Please tell it again! I really enjoyed it. I'm going to have to remember this one.
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Old 01-14-2013, 08:23 AM   #3
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you are doing something wrong if to break even the stock price has to go up 40%
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Old 01-14-2013, 10:06 AM   #4
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you are doing something wrong if to break even the stock price has to go up 40%
Too small amounts. Any gain is eaten by the trading fees.
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Old 01-14-2013, 11:02 AM   #5
MrMaxwell
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Too small amounts. Any gain is eaten by the trading fees.
Exactly. But not going to make any bigger trades until I learn more. I'm just fucking around right now- cheap education.
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Old 01-14-2013, 11:19 AM   #6
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you are doing something wrong if to break even the stock price has to go up 40%
Are you saying he is a fucking idiot?
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Old 01-14-2013, 11:21 AM   #7
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Are you saying he is a fucking idiot?
no it's imbecile
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Old 01-14-2013, 02:57 PM   #8
MrMaxwell
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Yeah, I am a real idiot, I was trying to buy a stock that gained 200% today
Sorry for my stupidity
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Old 01-14-2013, 02:59 PM   #9
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Yeah, I am a real idiot, I was trying to buy a stock that gained 200% today
Sorry for my stupidity
You DO understand that nobody here believes anything that you type, right? Good for you! You go! Good boy! You go have fun and make shit up!

Yay! Here's the ball! Where's the ball? Here's the ball! Good boy! Go get it! Such a good boy!
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Old 01-14-2013, 03:00 PM   #10
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That's a good boy!
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Old 01-14-2013, 06:26 PM   #11
MrMaxwell
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You DO understand that nobody here believes anything that you type, right? Good for you! You go! Good boy! You go have fun and make shit up!

Yay! Here's the ball! Where's the ball? Here's the ball! Good boy! Go get it! Such a good boy!
That's the most pointless post I've seen on here all day.
What's the point of your post?
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Old 01-14-2013, 06:33 PM   #12
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Yeah, I am a real idiot, I was trying to buy a stock that gained 200% today
Sorry for my stupidity
You know, you are going to fuck around and make money at spammed penny stocks if you are not careful and by the way, it can be done.

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Old 01-14-2013, 06:38 PM   #13
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I cant wait until you are broke from buying penny stocks, and a bunch of Guido's sitting in a social club in Staten Island are going on vacation on your dime.
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Old 01-14-2013, 06:40 PM   #14
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I cant wait until you are broke from buying penny stocks, and a bunch of Guido's sitting in a social club in Staten Island are going on vacation on your dime.
You may be right; MrMaxwell may go down but by understanding just how pump-and-dump works, which he is learning (He has quite apparently done his homework!) money can be made from it and money is where you find it and he may make a ton. I made a bunch on a local stock when it was being manipulated and spammed, so I know it can be done!

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Last edited by AdultPornMasta; 01-14-2013 at 06:42 PM..
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Old 01-14-2013, 07:01 PM   #15
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I feel like I'm in a 2001 pump n dump penny stock thread. If the $10/buy/sell trading fees are making that much of a dent in your potential you must be ballin with a $50 stock purchase.
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Old 01-15-2013, 10:03 AM   #16
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Well, it's up to 0.0049
Time to gtfo
Could go higher I guess but pigs get slaughtered so I'm just gonna keep being a DOG
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Old 01-15-2013, 10:17 AM   #17
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Quote:
Originally Posted by MrMaxwell View Post
http://www.otcmarkets.com/stock/COWI/quote
I meant to place the order at .0018 but I was in a hurry trying to get it placed before the price moved(I expected the open run-up and BLAM... it happened)... so I ended up paying .0028

BUT it is a $400k promo... so I might be alright, anyway.. Cross your fingers for me!! This really sucks because to make it back to even I have to hit .00402251

Also if any of you want to buy a few million shares to drive the price up, I would not be upset about that since I own shares and according to me this stock could go to $3 and I could have invented a bird which has no wings yet flies all of the time
Are the movie rights for this story available? It is very good.
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Old 01-15-2013, 10:19 AM   #18
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The easy part of penny stocks is buying in. The hard part is getting out, good luck.
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Old 01-15-2013, 11:48 AM   #19
MrMaxwell
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The easy part of penny stocks is buying in. The hard part is getting out, good luck.
Just have to sell while there's still volume and there isn't a huge selloff going on
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Old 01-15-2013, 04:38 PM   #20
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You may be right; MrMaxwell may go down but by understanding just how pump-and-dump works, which he is learning (He has quite apparently done his homework!) money can be made from it and money is where you find it and he may make a ton. I made a bunch on a local stock when it was being manipulated and spammed, so I know it can be done!


Wow, you said something good about me, even though we're on GFY

Thank you
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Old 01-15-2013, 04:42 PM   #21
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Exactly. But not going to make any bigger trades until I learn more. I'm just fucking around right now- cheap education.
Get a real education - trade futures
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Old 01-15-2013, 04:42 PM   #22
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I feel like I'm in a 2001 pump n dump penny stock thread. If the $10/buy/sell trading fees are making that much of a dent in your potential you must be ballin with a $50 stock purchase.
Just dicking around while I'm learning.. If you think I'm going to throw big piles of money around before I know what I'm doing, you're crazy.

Having a tiny account and being with sharebuilder makes it tough to make a profit but so long as I'm making decent picks that's what is important right now.

I didn't want to mess with a demo account because I wanted it to "feel real".

MBTrading is going to be a-lot better. I can trade a-lot cheaper and WITHOUT the .007 surcharge. Even then.. a trade needs to be a few hundred bucks in order to make it worth paying the commission in and commission out.

You can't be some big baller man in penny stocks.. You can't make fifty and hundred thousand dollar trades because if you end up being too much of the trading volume, you'll never make it out alive.
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Old 01-15-2013, 04:43 PM   #23
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Get a real education - trade futures
All I know about futures is that I know what pyramiding is because of some book I read years and years ago by some guy named Morton Schulman I think his name was.. Do they really still do most of the trading of futures in pits?
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Old 01-15-2013, 07:03 PM   #24
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Somebody needs to set up a site selling half penny stocks to sucker in all those guys who lost their shirts on penny stock pump and dumps but want to try again for lower "risk"
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Old 01-15-2013, 07:27 PM   #25
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Just dicking around while I'm learning.. If you think I'm going to throw big piles of money around before I know what I'm doing, you're crazy.

Having a tiny account and being with sharebuilder makes it tough to make a profit but so long as I'm making decent picks that's what is important right now.

I didn't want to mess with a demo account because I wanted it to "feel real".

MBTrading is going to be a-lot better. I can trade a-lot cheaper and WITHOUT the .007 surcharge. Even then.. a trade needs to be a few hundred bucks in order to make it worth paying the commission in and commission out.

You can't be some big baller man in penny stocks.. You can't make fifty and hundred thousand dollar trades because if you end up being too much of the trading volume, you'll never make it out alive.
I didn't even realize you could trade pink sheets with Sharebuilder, not the broker I'd use though for such transactions. COWI has actually had a nice run up, hopefully you got out with some profit. I've been out of trading penny stocks for years, lots of misery around a famous penny stock CMKX.
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Old 01-15-2013, 07:53 PM   #26
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I didn't even realize you could trade pink sheets with Sharebuilder, not the broker I'd use though for such transactions. COWI has actually had a nice run up, hopefully you got out with some profit. I've been out of trading penny stocks for years, lots of misery around a famous penny stock CMKX.

I don't know if you can trade otc pink through them but the qb and qx I've traded all worked fine.. unless you're just referring to all pennies as pinks?? A-lot of people do, right? I'm still learning.

Definitely extremely wrong for penny trading, sharebuilder is. Extremely so.
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Old 01-16-2013, 08:14 AM   #27
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It hit .0065 just now.. I managed to get out at .0051 which is ridiculous because it never went below .0061 while my order was executing.... fkn good to get away from sharebuilder. They very obviously just sold my shares to another customer of theirs at a shit price.
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Old 01-16-2013, 11:11 AM   #28
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Timing is everything- back down to .0028 now
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Old 01-16-2013, 11:19 AM   #29
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You may be right; MrMaxwell may go down but by understanding just how pump-and-dump works, which he is learning (He has quite apparently done his homework!) money can be made from it and money is where you find it and he may make a ton. I made a bunch on a local stock when it was being manipulated and spammed, so I know it can be done!

You are a nut.
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Old 01-23-2013, 02:15 AM   #30
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You are a nut.
How is he a nut?

Learning how pump and dumps promotions work and using that information to predict stocks temporarily going up in price makes perfect sense.
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Old 01-23-2013, 02:18 AM   #31
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Old 01-23-2013, 05:50 AM   #32
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I fucked around with a penny stock a few years ago and spent quite a bit of time watching it. After some weeks I determined that there was a definite pattern to its movements, probably because it was being manipulated, which estimate turned out to be correct.

I found that it was regularly dropping from the preceeding day's high at around 9-9:30 am, CST and then peaking again at around 2-3 pm, CST on the same day. This lead me to buy a substantial amount of the stock and begin playing. I was buying in the morning and selling in the afernoon and was lucky because there were always buyers. I reinvested my profit in the stock and kept playing the game, making certain to never hold any of the stock overnight.

When I read that the company was considering a reverse split, I got out and stayed out and good job that I did because I did not want to hold the stock, I only wanted to play it.

I actually made a ton of money with this but then turned around and lost it all in a fucking real estate deal that went South on me.

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