~~ FINAL CHALLENGE RESULTS for 2/13/2017
Original post of the Challenge starting:
http://investorshangout.com/post/view?id=4320410
Original Stock Prices: http://imgur.com/6YEO7jV
ADVT = 244.595% increase
WDRP = 54.7619% increase
SDVI = 7.14286% increase
MJMJ 40% decrease
These percent changes are TOTALS . Meaning the change from the initial starting date on 1/30/2017 through today!
Results : If it wasnt for that MJMJ pick, i would have been up 307%, but because i have to factor in -40% for MJMJ, these stock picks have resulted in a gain of 266.5%
Amazing! I didnt know about these 4 stocks prior to this challenge. By doing intense DD for several hours (which resulted in a literal migraine), I was able to pick 3 winners out of 4. Had I invested $40,000 in this challenge, i would have ended up with $147,000 in ten business days.
Purpose of this challenge:
This challenge was to see if its possible to pick winners by doing intense DD in a short period of time. In addition, it was in preparation for investing $40,000 in one stock. I need to be certain my DD is up to this challenge. $40,000 in one penny stock is unheard of.
What I learned..
Picking 3 out of 4 winners is pretty darn good and i cant beat myself up for that. but i need to figure out what went wrong with the MJMJ pick. why did i think it was going to go up? i was convinced it would but it decreased by 40%.
Whats next..
1. Im going to start Challenge #2. this will entail finding 2 stocks (instead of 4). ill have to do even more DD on account that i will only have 2 chances to find a winner.
2. Challenge #2 will run for two more weeks. Ill post the results during the week and the final results at the end of the week.
3. If im able to pull in a profit in Challenge #2, ill feel confident enough to move onto the real investment of $40,000 in one penny stock.
READ and UNDERSTAND:
When i am ready to invest the $40,000, i am not sure YET how i will go about it. I may purchase small amounts of shares over the course of a week.
There are lots of things i need to figure out before i go through with this.
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
I do not have a clue who reads my posts. Do NOT invest in these Challenge Stocks! This is extreme risk. This is for entertainment purposes ONLY!! If you follow along for fun, great. If youre following along thinking youre going to copy this Challenge.. youre setting yourself up for LOSS!!!!!!
Only invest what you can AFFORD to lose!!!!
Original post of the Challenge starting:
http://investorshangout.com/post/view?id=4320410
Original Stock Prices: http://imgur.com/6YEO7jV
ADVT = 244.595% increase
WDRP = 54.7619% increase
SDVI = 7.14286% increase
MJMJ 40% decrease
These percent changes are TOTALS . Meaning the change from the initial starting date on 1/30/2017 through today!
Results : If it wasnt for that MJMJ pick, i would have been up 307%, but because i have to factor in -40% for MJMJ, these stock picks have resulted in a gain of 266.5%
Amazing! I didnt know about these 4 stocks prior to this challenge. By doing intense DD for several hours (which resulted in a literal migraine), I was able to pick 3 winners out of 4. Had I invested $40,000 in this challenge, i would have ended up with $147,000 in ten business days.
Purpose of this challenge:
This challenge was to see if its possible to pick winners by doing intense DD in a short period of time. In addition, it was in preparation for investing $40,000 in one stock. I need to be certain my DD is up to this challenge. $40,000 in one penny stock is unheard of.
What I learned..
Picking 3 out of 4 winners is pretty darn good and i cant beat myself up for that. but i need to figure out what went wrong with the MJMJ pick. why did i think it was going to go up? i was convinced it would but it decreased by 40%.
Whats next..
1. Im going to start Challenge #2. this will entail finding 2 stocks (instead of 4). ill have to do even more DD on account that i will only have 2 chances to find a winner.
2. Challenge #2 will run for two more weeks. Ill post the results during the week and the final results at the end of the week.
3. If im able to pull in a profit in Challenge #2, ill feel confident enough to move onto the real investment of $40,000 in one penny stock.
READ and UNDERSTAND:
When i am ready to invest the $40,000, i am not sure YET how i will go about it. I may purchase small amounts of shares over the course of a week.
There are lots of things i need to figure out before i go through with this.
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
I do not have a clue who reads my posts. Do NOT invest in these Challenge Stocks! This is extreme risk. This is for entertainment purposes ONLY!! If you follow along for fun, great. If youre following along thinking youre going to copy this Challenge.. youre setting yourself up for LOSS!!!!!!
Only invest what you can AFFORD to lose!!!!
2
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
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Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
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There is no correlation between the number of posts I write per day and your assumed success of a company.
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The writer of the above post accepts no liability for any damage or loss, however caused, in connection with the use of or reliance on any information, material, products, or services contained on or accessed through any such linked websites.
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
http://investorshangout.com/Joeys-Investment-Board-91611/
Invite Only
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
Disclaimer:
As used herein, the terms "You" and "Your" shall mean you, individually, the reader, and each other party on whose behalf you may use the contained information at any time.
All references to "My", "I", and “The writer of the above post” shall refer to the creator of the username Joey68.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice, and are NOT designed to substitute the expertise and judgment of a professional. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in the above post.
I am NOT a professional.
I do NOT work for you.
My posts are NOT investment advice. I am not paid to post.
There is no correlation between the number of posts I write per day and your assumed success of a company.
It is NOT my responsibility to inform you of my own personal investment decisions.
It is NOT my responsibility to inform you when it is time for you to buy, hold, and/or sell a position.
I have no control over, and am not responsible for the actions of others who copy, store, edit, change, prepare any derivative work of or alter in any way any of the content provided in my posts.
Errors and Omissions expected. The writer of the above post accepts no liability or responsibility for any errors or omissions contained in the above post or contained within this Disclaimer.
The writer of the above post shall NOT accept any liability for the accuracy or completeness of the information contained in the above post, for any reliance placed by any person on the information contained in the above post, or for any damage or loss, however caused, in connection with the use or reliance on any information contained in the above post.
The above post may contain links to websites owned and operated by third parties. These links are provided for informational purposes only and are NOT endorsed by the writer of the above post. The writer of the above post has no control over the contents of any linked website and bears no responsibility for the accuracy, legality, or content of the external site or for that of subsequent links.
YOU ACCESS ALL LINKS ENTIRELY AT YOUR OWN RISK.
The writer of the above post makes no warranties or representations, express or implied about such linked websites, the third parties they are owned and operated by, or the information contained on these websites.
The writer of the above post accepts no liability for any damage or loss, however caused, in connection with the use of or reliance on any information, material, products, or services contained on or accessed through any such linked websites.
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
