I'm sorry I'm so late getting this update out today. Things were kinda crazy at work today and I never had a break to get it done. Anyway, on with the update!
I really struggled yesterday trying to decide which stock to purchase this morning. It ended up being IGNT as stated in my previous update. I ended up buying 52,631 shares at .0093. Total cost after my $9.99 commission $499.46.
Remember after my last trade I had $513 to use for investments. I will stay in this one for at least 20% which is always the goal. This particular stock is being forcasted at .028 before it hits it next breakthrough point. I do not intend to stay in that long. I plan on getting out at 20%, but may let it ride past that point a little.
IGNT did close up 4.30% at $.0097 with 121,351,287 in volume! IGNT's 52 week high/low is $.30/$.0001. See the chart below and you will see that when this stock goes up it is fast and furious. It is the same when it goes down, so be careful if you invest in IGNT.
MORE IGNT NEWS TODAY
DISCLAIMER: Keep in mind that I am not a securities advisor nor am I suggesting that you purchase any stocks that I post on this blog. If you do invest in any stocks mentioned in this blog, you do so with the understanding that you could lose every penny of your investment. The purpose of this blog is to give would be investors encouragement and hope, and help them realize that you can make money in the stock market, even in a bad economy. I have not been paid to promote any stocks that I have written about in this blog. Please invest in stocks based on your own research. I'm a truck driver, not a financial advisor.
Please feel free to email me with stocks that you feel are a good play. Email me at investmentstratagies@yahoo.com
Monday, June 29, 2009
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