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hiii98
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My Twitter Account: @SkinwalkerChart I use several highly tuned algorithms to pick the hottest penny stocks. I'm looking for a minimal return of 100% from my stocks within a 1 day - 3 month period. Happy to discuss stocks or strategies.
My blog:
Ryan Skinner's Investor Emporium
My book:
Skinwalker Ranch : Path of the Skinwalker
  • Change In Strategy Regarding Sales 22 comments
    Mar 20, 2014 10:42 AM

    step 1 buy the stocks I recommend (or stock you like $6-$0.0001 range)

    step 1 buy only $100 worth

    step 2 immediately set a sell limit that is 2x the price you bought for

    step 3 buy a minimum of 10 of these, preferably 100 individual companies

    step 4 once the limit order is triggered sell only 1/2 of your shares

    step 5 yay! your in the company for free now

    step 6 once that stock gains value over $500 sell until total value of that stock is worth $300

    step 7 continue selling always keeping the stocks overall value BELOW $500

    step 8 buy more stocks!

    *TIP Never ever sell all of your shares once your stock doubles

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  • xgreatsmsmx
    , contributor
    Comments (11) | Send Message
     
    i like it ...but didnt understand100% below steps:
    STEP 3
    STEP 6

     

    kindly simplify it with more details :|
    20 Mar, 11:06 AM Reply Like
  • hiii98
    , contributor
    Comments (76) | Send Message
     
    Author’s reply » STEP 3 Best case scenario would be to over time own 100 individual stocks each valued at $100. the system seems to work best with this larger pool of winners. It is too volatile at 10 stocks or less.
    *TIP do not rush to build your portfolio up to 100 stocks, be patient and buy only winners, it may take you weeks if not a month. Buy the stocks I recommend.

     

    STEP 6 is what I am refining right now. Its complicated and marks a dramatic change to my strategy. Basically once your stock doubles your in it for free. However if it goes over $500.00 you have it sell it back down so that its overall value is $300 (or less). No one stocks value can ever be above $500 at any time. The reason being it will control too much of the overall value of your portfolio. Take the profits and use them to buy more stocks.

     

    *Tip the more companies you own the safer you are and the better this strategy works.
    20 Mar, 11:10 AM Reply Like
  • hiii98
    , contributor
    Comments (76) | Send Message
     
    Author’s reply » I daily also weed my portfolio. I anayze stocks that have an overall loss of 50% - 75%. I individually look at their charts and make a determination if I want to sell or hold. If I believe in the product/company I hold, if the trend looks bad and I have little faith/knowledge of the company I will dump the stock, take the loss and use the remaining funds to try to pick a winner. Anything beyond the 75% loss you might as well hold, anything below 50% is too volatile to lose and demands a hold.

     

    *TIP if buying stocks in the 0.0001-0.0009 range ONLY buy at 0.0001 or don't buy at all.
    20 Mar, 11:13 AM Reply Like
  • xgreatsmsmx
    , contributor
    Comments (11) | Send Message
     
    but charts technically doesnt work on penny stocks....only news works here..dont you agree?
    20 Mar, 11:17 AM Reply Like
  • hiii98
    , contributor
    Comments (76) | Send Message
     
    Author’s reply » yes and no, you can find investor sentiment and key volatility indications based on charts. What I'm seeking (besides Alpha) is bullish trends. News is also one factor in the algorithm built into my stock picker.

     

    remember your only gambling $100 per stock. You have an UNLIMITED profit ceiling for how high each stock can go, and worst case scenario is you can only lose $100 on your stock (possible but unlikely).
    20 Mar, 11:21 AM Reply Like
  • xgreatsmsmx
    , contributor
    Comments (11) | Send Message
     
    good i got it....im looking forward to see more of your recommendation...good luck
    20 Mar, 11:26 AM Reply Like
  • hiii98
    , contributor
    Comments (76) | Send Message
     
    Author’s reply » at this point is the computers recommendations not my personal ones. I am blindly buying what it tells me. Todays pick is $FWDG

     

    and thanks :)

     

    Hopefully more picks come in, and i'll post as they do.
    20 Mar, 11:28 AM Reply Like
  • xgreatsmsmx
    , contributor
    Comments (11) | Send Message
     
    dont you suggest to wait for litle dipp in $FWDG?
    20 Mar, 11:47 AM Reply Like
  • hiii98
    , contributor
    Comments (76) | Send Message
     
    Author’s reply » I suggest just buying as soon as I put out an alert. 3 out of 5 of my recommendations should be winners.
    20 Mar, 12:02 PM Reply Like
  • hiii98
    , contributor
    Comments (76) | Send Message
     
    Author’s reply » after another of my stocks just doubled $SEGI I made the final revision to the strategy. (3 DOUBLED in price today!)

     

    once a stock doubles you take your 1/2 remaining shares and put in another LIMIT order for 1/2 of those shares and multiple the current stock price by 7 for your LIMIT SELL order.

     

    Example:

     

    1 you buy a stock at .001

     

    2 you place a limit sell order for 1/2 your shares at .002 (which is 2x its price)

     

    3 the stock moves to .0002 and triggers your sale

     

    4 you place a limit sell order for 1/2 your shares at 0.014 (which is 7x its price)

     

    5 the stock moves to 0.014 and triggers your sale

     

    6 HAVNT ARRIVED TO THIS POINT YET (likely a higher multiple at 1/2 your shares)

     

    *TIP Make sure your orders are SELL LIMIT ALL-OR-NONE and GOOD FOR 60 DAYS
    20 Mar, 03:31 PM Reply Like
  • xgreatsmsmx
    , contributor
    Comments (11) | Send Message
     
    nice one will try it ASAP, actully im stuck with some stocks and i will try this strategy today...WITH $BMSN but i dont think it will hit 2X soon...so basically what the avrage timeline for your strategy? 6 days?

     

    and how do you pick u your stocks?
    21 Mar, 07:55 AM Reply Like
  • hiii98
    , contributor
    Comments (76) | Send Message
     
    Author’s reply » good question, average timeline is mere minutes to roughly 1-3 months depending on the stock. I will look at BMSN now

     

    *after review I would clearly hold $BMSN for now. Future looks to be bullish. Well that's all relative to how much of it you own, I'm thinking in terms of $100 positions. Might want to consider giving it a haircut if you have a large stake in it.
    21 Mar, 08:25 AM Reply Like
  • xgreatsmsmx
    , contributor
    Comments (11) | Send Message
     
    well i like the time line its not long
    i went at BMSN @ .0051
    21 Mar, 08:29 AM Reply Like
  • hiii98
    , contributor
    Comments (76) | Send Message
     
    Author’s reply » I would defiantly hold :)
    21 Mar, 08:33 AM Reply Like
  • xgreatsmsmx
    , contributor
    Comments (11) | Send Message
     
    why?
    21 Mar, 08:36 AM Reply Like
  • hiii98
    , contributor
    Comments (76) | Send Message
     
    Author’s reply » chart looks bullish, but again that's just my personal opinion, not what the system says. so yes I reiterate a hold long on this.

     

    "LWT Indicator Strong Bullish Trend "
    21 Mar, 10:16 AM Reply Like
  • xgreatsmsmx
    , contributor
    Comments (11) | Send Message
     
    Can you tell why you recommend to NOT buy a stock over .0001 if the range is .0001-.0009 ???

     

    I bought $HYII @.0002
    and $HIMR @.0005
    26 Mar, 06:37 PM Reply Like
  • hiii98
    , contributor
    Comments (76) | Send Message
     
    Author’s reply » I own lots of stocks valued at .0001. Actually they are my safest buys so I'm confused by your question.
    26 Mar, 11:13 PM Reply Like
  • hiii98
    , contributor
    Comments (76) | Send Message
     
    Author’s reply » You want to buy the stock at .0001 so there is an absolute floor and unlimited ceiling.
    26 Mar, 11:14 PM Reply Like
  • rickame
    , contributor
    Comments (15) | Send Message
     
    Ok..I do see you list recent current holdings...I use Scottrade, can you tell me what you use and cost for $100 of OTC stock.
    27 Mar, 03:07 AM Reply Like
  • rickame
    , contributor
    Comments (15) | Send Message
     
    I find your strategy quite interesting and potentially very solid. New to alpha, buy may pursue. Is there a place you list more a number of recommended buys?
    27 Mar, 03:11 AM Reply Like
  • hiii98
    , contributor
    Comments (76) | Send Message
     
    Author’s reply » I use ETrade $7.99 per trade. Thinking about Fidelity which allows aftermarket/premarket trading on OTC and Pink stock.
    27 Mar, 08:24 AM Reply Like
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