Gyroscopic Investing

Interesting action lately.  Basically a penny stock, but it has been moving higher on increasing volume.

They have an interesting story as well.

Do your due diligence (of course), but this one might be fun to keep an eye on.

MediumTex wrote: Interesting action lately.  Basically a penny stock, but it has been moving higher on increasing volume.

They have an interesting story as well.

Do your due diligence (of course), but this one might be fun to keep an eye on.

Hi,

Do you know tim sykes strategy? What do you think about it?

What type of trades you make on your vp?

Regards

frugal wrote:

MediumTex wrote: Interesting action lately.  Basically a penny stock, but it has been moving higher on increasing volume.

They have an interesting story as well.

Do your due diligence (of course), but this one might be fun to keep an eye on.

Hi,

Do you know tim sykes strategy? What do you think about it?

What type of trades you make on your vp?

Regards

I just googled him and it looks like he has made millions of dollars trading penny stocks and sells various explanations of how he did it.

I don't know what to say about that except my own belief is that it's probably not as easy as he makes it out to be.

As for my own trading strategy, I will occasionally invest in a company that is very risky because I like the risk/benefit profile of the investment (or at least my understanding of the risks and benefits).  There is no system, though. 

Over the last year or so I have bought UREE, FCX, GDXJ, AAPL and probably a few others.  I have explained my rationale for each in various threads.

thanks for your explanation

although I shouldn't keep trying I will once more try to be profitable on active trading, like I said on diary post

but it will be technical approach mainly not fundamentals like you, and also short-term.

Regards!