END

I will no longer be posting on wordpress.  All future postings will be located here:

http://pennies2cash.blogspot.com/

Forex

I have recently been introduced to the money making possibilities of trading foreign currencies.  Let me say that the possibilities are amazing.

The forex market is the largest market in the world, with trades amounting to more than USD 3 trillion every day. One of the major advantages of trading Forex is the opportunity to trade 24 hours a day from Sunday evening (20:00 GMT) to Friday evening (22:00 GMT). This gives you a unique opportunity to react instantly to breaking news that is affecting the markets.

Forex is not without risk though just as with Penny Stocks or any stocks for that matter, there is potential for loss.  If you are feeling like getting into a new trading platform then I suggest checking it out.  I have a put a link over on the right hand side of the page.

Penny Stocks Pt 2 Day 6

Wow what  day for stocks.  Huge declines in the overall market as people still fearful over the recession.  Lets see how this affected my picks.

QTWW- 2272 shares/ current price $.73/ value $1658.56/ -$341.44

ACTC- 10,526 shares/ current price $.18/ value $1894.68/ -$105.32

EESO- 100,000 shares/ current price$.03/ value $3000/ +$1000

So my picks were not really affected by the huge drop in the market, I’m still showing a profit.  Out of $6,000 invested I now have $6553.24 after 6 days of trading.  Still waiting on EESO to jump so I can sell.  Let me know what you think.

Penny Stocks Pt 2 day 5

Well one more day down and now we have the weekend break to see what effect the stimulus bill will have on the market.  Here is where my stocks are at now.

QTWW- 2272 shares/ current price $.80/ value $ 1,817.60/ -$ 182.40

ACTC- 10,526 shares/ current price $.17/ value $ 1,789.42/ -$ 210.58

EESO- 100,000 shares/ current price $.03/ value $ 3,000/ +$1,000

Well I am back in the positive.  I have a profit of $607.02.  I am just waiting for EESO to hit $.05 so I can sell it and get into BBDA.  Let me know what you think.

Penny Stocks Pt 2 Day 4

Well day 4 of trading has came and went,   so lets  see where my picks are at so far.

QTWW- 2272 shares/ current price $.82/ value $ 1,863.04/ -$ 136.96

ACTC- 10,526 shares/ current price $.17/ value $ 1,749.82/ -$ 210.58

EESO- 100,000 shares/ current price $.02/ value $ 2,000/ even

So after 4  days I am down $ 347.54.  No worries though because it is still early and I am positive EESO will bounce up to .05 and I will sell it then.  Let me know what you think.

Why buy BBDA

Well I have been researching BBDA and since it has gone up over 100% in the past 2 days  ill give some background on it.

Bebida Beverage Company, formerly Renovo Holdings, is focused on operations on the bottled water and enhanced beverage markets of North and South America. Bebida will focus its business efforts within the United States and target markets within Latin America.

Bebida Beverage has formed a product development alliance with Enzyme Environmental Solutions, Inc., based in Fort Wayne, Indiana. Enzyme Environmental and Bebida Beverage will be focused on developing a proprietary biotechnology for a line of enzyme enhanced beverages to be marketed and distributed by Bebida Beverage.

Bebida Beverage Company (Pink Sheets:BBDA) announced that the Company’s Piranha Water sponsored MMA Fighter Dan ‘The Outlaw’ Hardy has a scheduled bout that is less than a month away at UFC 95.

So it looks like a fairly promising stock to jump on now.

Penny Stocks Pt 2 Day 3

Well after 2 days of trading my picks are down just slightly but I’m sure to make a profit on these picks.  Here is where I’m at currently.

QTWW- 2272 shares/ current price $.81/ value $1840.32

ACTC- 10,526 shares/ current price $.18/ value $ 1894.68

EESO- 100,000 shares/ current price $.03/ value $ 3000

Well I’m down a little from yesterday but still showing a profit after 2 days on the market.  My total so far is $6735, a profit of $735.  I am putting a sell order in for EESO at $.05.  I will re-buy at .02 and put my profit into a stock that has been exploding BBDA check it out over %100 gain yesterday.  Let me know what you think.

Penny Stocks Pt 2 Day 2

OK so today was the first day of trading for my new penny stock picks.  I am very confident I can turn a profit with these picks as well.  So lets see how they did.

QTWW- 2,272 shares/ current price $.86/ value $ 1953.92/ -$46.08

ACTC- 10,526 shares/ current price $.18/ value $ 1894.68/ -$105.32

EESO- 100,000 shares/ current price $.04/ value $ 4000/ +$2,000

Well after the first day of trading one of my picks doubled which I have to say I’m really considering selling it.  My total after 1 day is $7848.60, a total gain of $ 1848.60 after one day is great!!!  I might try to hang on to EESO for the rest of the week and see what it does but I’m thinking to sell it then re-buy if it drops back down to $.02.  Let me know what you think.

Penny Stocks PII Day 1

Ok so I picked a new batch of penny stocks and invested $6000, $2000 into each pick.  My new picks are QTWW, ACTC, EESO. 

QTWW 2,272 shares/ purchase price $.88

ACTC  10,526 shares/ purchase price $.19

EESO  100,000 shares/ purchase price $.02

I will begin daily updates on my gains or losses tomorrow.  Let me know what you think.

Penny Stocks

Well my 3 penny stocks did fairly well after 30 days of trading. I should have sold before my 30 day limit but I still turned a decent profit. After 30 days my original $6000 investment was turned into $6900.  So a $900 profit in 30 days is not to bad considering the state of the economy right now. 

I will be picking 3 more stocks and following those as well for the next 30 days so keep checking back.