Q. How do you determine weather a stock is going to go up? How do you find that stock in the first place?
A.It’s always good to look the way a stock is trending dating from 52 week trend all the way up to its 5 day trend. If a stock has been on a tear the past month it will more than likely experience at a peel back in the near future (keep in mind this is normal as market fluctuates). Furthermore, you can look for upcoming big events that a stock may be headed into such as earnings which depending on the hype surrounding the stock can drive its share price higher or lower. Basically in order to increase your chances of finding a stock that is going to go up you should look at the way it is trending and momentum it may be gaining or losing caused by upcoming expectations or positive/negative results released by a company. As for finding these stocks it best to just keep up with your current events, if you watch shows such as Mad Money and go on sites like TheStreet.com they will present you to companies you have never heard of that offer investors great opportunities. Basically just research, research, and do more research when looking for new companies to invest in.
Q. What do you think of DDD?
A.I think DDD offers investors a good entry point at the price it’s at. Perhaps, you could be more patient and wait it out a little because I don’t think it has bottomed out just yet. Keep an eye our for what analysts covering DDD rank it. Will they upgrade it or downgrade it? No one knows for sure but judging from the results of its previous earnings and the earnings of companies such as VJET, SSYS, XONE, and many more in the 3d printing industry it looks like the hype surrounding these companies which drove their stock prices so high to begin with has died down. DDD needs to start delivering on paper in order to instill confidence back into investors that it can become a widely used product in the near future. I do believe however that DDD is a good company to invest in and wouldn’t be shocked to see it go back up to 80, and more than likely finish the year back around at $95 give or take.
Q.BIOD or PLUG which would you invest in right now?
A.Plug hands down. This company could end up being the biggest growth stock of 2014 if it continues on the pace it is on. It could have a Tesla like year or even better if everything falls into place. They are locking up contracts with big companies such as Walmart, Fedex, etc. Quite frankly this company can’t afford to screw up this time around. Plug has a history of over promising and not delivering. Another let down would be catastrophic for this company. Finally it looks like management has figured out how to right the ship and their ability to cut costs, lockup contracts, and what we believe will be an earnings beat this upcoming week are more than enough reasons for me to recommend investing in Plug. This company is far from done in rewarding its investors.
Q.How do you determine how much to put on a stock, how you determine how much to put on each stock? How do you minimize risk?
A. I like to split up my portfolio into percentages 75% in holding stocks, 25% in day trading,options,pennystocks. For penny stocks I usually put 500-1000$ each. For Holding stocks 2000-4000 each. Basically never let ambition and greed get the best of you. Never risk more than you are willing to lose. This is obviously all dependent on the investor some people can afford to lose $10, $1000, $10000, $100000, etc. Trade within your economic means. If you can afford to lose $5000 and you feel fairly confident in a company well then by all means go ahead and invest in that company.
Q. Would you say DDD is more of a stock to trade, or a stock to hold for the long term.
A.Stock to hold and buy for the long term.
Q. What books would you recommend a beginner about day trading?
A. “How to Day Trade Stocks for Profit” by Harvey Walsh. You can find his book on amazon for about $17. Great book for day traders
Q. Does you or your team invest or trade gold or silver?
A. I do not trade in gold or silver in my fund. I do personally own silver coins. A very long term investment
Q. How do you find stocks to invest/trade?
A. I find my stocks to trade by looking for my strategy set ups on the charts. There’s no perfect strategy out there. Choose any strategy that works for you
Q.What is technical analysis?
A. Technical analysis focuses on the stock charts instead of the company. There are plenty of technical analysis strategies out there. I focus on chart patterns instead of indicators because indicators lag. Chart patterns give you more of a prediction of what will happen.
Q.Best marijuana stocks for the long?
A. Long? HEMP,TRTC,MJNA,CBIS,MDBX,PHOT. Remember all these stocks are media/hype driven by news of legalization/expansion. Stay updated to the news on the Marijuana Sector because when news does come out, it can move very fast.
Q. How do you get rid of shares with such low volume, like today, someone bought 400 million shares of $GARB. I can’t even sell a million shares at the bid price.
A. Thats strange, do you have a all or none sell order??? That may be the case because I had a 12mill sell order of GARB at .0002. It sold 7 million for me but it didn’t sell the rest of the 5 mill. If I had an All or None sell order my trade would not have gone through. (A all or none order sells/buys all the shares in the order sheet or none at all). So maybe that was your problem
Q.will you be adding more shares into plug if they hit earnings?
A. This is easily one of the most important earnings for PLUG. They have a history of over promising and under delivering, ( Compared to Tesla which under promises then over delivers). PLUG could be classified as a momentum stock and since its a momentum stock it will either have a tremendous day or horrible day. Stay tuned on March 13 10am EST.
Q.When will buy a good time to jump into DDD, I’m thinking of buying a stock/fund.
A.I am still watching DDD but my favorite stock in the 3D Printing Sector is VJET. To answer your question I will most likely buy DDD if it falls between the 55-60$ range, the short-intermediate future of 3D printing is bearish mainly because the hype is dying down. Keep an eye on VJET mainly because it is similar to DDD in so many ways therefore I can see a DDD like growth in its future.
Q.What do you think of HEMP?
A. I personally like Hemp as a MJ stock along with MJNA, TRTC,PHOT,CBIS,MDBX
Q. How long would you hold APRU?
A.I held APRU over the weekend mainly because I bought it mid-day. If I buy it in the morning its usually gone by mid-day. APRU was down 40% when I bought it (300,000 shares) moved up to 30% down. 16% gains and I’m holding hoping for a bounce on monday then I’m out.
Q.Thoughts on BYSD ??
A.Wouldn’t touch it. It is a coin related in the Bit-coin business, This also applies for BITCF another bitcoin company. In short I would stay away from Bitcoin entirely.
Q. when will plug have earnings?
A.It was scheduled for 3/27 but they moved it up to 3/13/14 10am EST
Q.Is it worth buying more plug?
A.I bought 316 shares at 3.06 and 100 more at 6.15 I have some funds that should clear up by their earnings. If they hit on earnings ( revenue, Guidance) this stock could go on a tear much bigger than the run they had last week. ( Personal Estimate of 11-14$ if they hit earnings).