Hey guys just want to create one thread and will update only in this thread rather than creating multiple threads. Please post your ideas also.. Let's share some ideas. Thanks. Here's mine for now:

New Trade***** ALERT:::*****
(1) Bought VTUS (small risky position)... VTUS will be releasing data of its phase 3 clinical trial in few weeks (but could come anytime--risky).

This is a risky trade holding through this kind of binary event is very risky. If phase 3 data is good my target is $5-$6
If phase 3 data fails this will plunge to $1 range....I am expecting positive data based on their previous study but you never know. Also, Shabby management bought some shares of VTUS today...All the signs pointing this will have a positive data. I am only risking some money. But i wouldn't suggest anyone who's not willing to risk -50% of money if p3 data fails.

(2) *** Bought some INS*** profitable company i believe will see some upward momentum if traders catch it...... Small position... If i see some pop i will be out though..Not holding too long..This is a low float so don't chase.

(3) I still hold *** ISR ** from my entry of $0.52 yesterday.. Might sell if i get few % gain tomorrow. I am still at profit though.

So far this month i have flipped AMBS penny stock 2 times
(a) $0.052 to $0.072                      +38% gain
(b) $0.0649 to $0.0735 (today)    + 13%

CBMX flipped it from entry of $2.23 out at $3 range     +35%
 
will update more later:

Hey guys,
how do you get the info of emerging penny stocks? I mean, how do you guys pick those companies for trading (from the basis)?

Ouch! Beaten hard. Not sure if I should sell all or wait. Despite the feeling that it is not a time to buy, I still went ahead long on few stocks. Greed, greed and more greed. Could not resist the lost of opportunity. But it is turning ugly. So is this just a correction or market is going to crash ? Hell, I know, nobody can predict. But guys I need consolation now.

Zgnx should pop big around march when the zohydro comes out. I hope this works.

Overall market in shambles. Expecting more dip.

Khairey, thats why they tell u to buy on yr price not @market price

Khairey, no need to panic.. This is just retail investors panicked and selling.. next 2 - 4 weeks could get a bit ugly, i think max 10% correction.. get ready to add to your longs instead on big declines. The market needs a rest and its getting one.. its just normal healthy bull market still.

I will add to my longs tomorrow at open, as long as the markets dont gap up big.

Moja, we dont even have 10% correction and u think retail investors r panicked and started selling.. Lol ... See sample of retail people in sajha. Who is selling here????? Everybody is buying or itching to buy something !!!
BTW hows yr longs doing??? U could have gotten better entries, if u had waited few days !!!
I havenot seen buying signal yet though.... U might get cheaper prices in coming days ....

Don't get high on this bounce up .....

about 120+ on the stocks I went long yesterday all together

SPY bounces yet again from that 1740(approx) support next level to watch for today on the upside 1760

will probably get rid of all my longs around that 1760 action...just lock in my profits and wait for the next play

but as a huge follower of technicals here's something everyone should consider , be it value investors or traders. I cannot comprehend the idea of assessing a value of a company nor I have any interest in doing so but still you could plan out your entries and exits using technicals.
I mean I could not really determine for sure if a company is overvalued or undervalued just by looking at books because a huge chunk of the price action depends on sentiments of the markets overall...but anyways here it is

this was posted yesterday night
http://www.cnbc.com/id/101386549

key levels mentioned -some of which OBAMA and myself have pointed out in the past couple of days

Fundamentals and sentiments drive the markets and technicals r pathways all stocks, futures, markets etc travel through. Sooner u realize this fact, easier the investing would be. But u want to trade without technicals, u sure the foolest one !!!

With all great respect to you all fine gentlemen,
Market expertise in simpler tone will he highly appreciated.
Thanks!!! of course...if possible!
khasi

Another point being: a stock price does not directly reflect what a company does, it mixes in with how people assess what the company did and buy/sell with respect to the actions taken by the company...thus Market Sentiment

Tyranny, well illustrated example !!!
If people know only how to do just what u did, man, lot of them will be doing great in stocks. Most of the people, most of the time loose money in the markets. U have to start wiring were brain and thinking process in different way. Read books and think !!! There is no shortcut for success here !!!!

What are in your watchlist?
Mine are INO, BA.

Obama, tyrannyoflogic and others, any book you guys recommend at beginners to intermediate level? Either for value investing and trading, please. Thanks.

Obama, my longs are ok, some up some down.. did you cover your shorts yet ? or are u waiting for market to crash ? lol

Hi newbie,
Before you open a brokerage account. You should try out Investopedia Simulator which will help you alot. You will start out with 10000$ virtual money and market data is 20 minute delay. The brokerage fee on the game is on higher side, but hey it is not real money. You should stick to it for a month or two before you venture out in real world. Do read, "The Bogleheads' the guide to investing."

I am used to scottstrade and you can use scottrades knowledge center as good online resource center.

My personal opinion is no one can predict the market but the best we can do is make educated guess. There is no shortcut and leave no stone unturned on learning and research before you start to invest.

@tyrannyoflogic. Thanks for explaining that technicals. I had never understood or cared to know how people find resistance and support. But your one para explanation made it quite clear. I think this would help me for my short stocks. Because of lacking these knowledge and have less time for these I usually go for long term.
A quick question. Can one trade the stocks like $vix and $uvxy like any other stock. Like can one stay long on those?

What you guys think about JC Penny $jcp? I am so tempted to go long on this. If this survive it will be $30 stocks in few years. Same think like bac, yahoo, american airlines couple years back. May be wait until it reach $1?