AimHighProfits Oct. 10: Cutting Losses Early

The NYSE website wasn’t taken down as promised by the protest group Anonymous. Apparently, the site was  hobbled twice Monday. There was a 1-minute outage around 3:30 p.m. EST when the attack was to take place and then again a half-hour outage about 2 hours late most likely the result of computer attacks as part of the anti-Wall Street protests.

Nevertheless, we decided to cut our losses on 3 stocks that weren’t expected to go far in the short-term: CO, DEER and ELON.

We were pleasantly surprised to see the infamous Wall Street trader George Soros become connected to one of our stock picks, Sandridge Energy, (NYSE:SD) .

SandRidge Energy: Market panic creates opportunities if you know where to look and SandRidge Energy just may be that post-panic buying opportunity you are looking for. Though creative financing is one thing, SandRidge Energy have never run into a problem before and the results have been staggering. In July 2011 SandRidge Energy was at 12.00 a share.

Since then, as investors worry are staying clear of the debt markets, the price has been driven down to under 5.00 a share in a classic panic selling – as you can see in this article. SandRidge Energy is accumulating land for oil development along the Mississippi and has a target of one million acres by the end of the year.

The company has just picked up its second parcel and has leveraged the purchase bringing the total asset to just two hundred thousand acres, having partnered with Atinum Venture Capital to develop the land. To make a long story short, SandRidge Energy’s initial investment of $200 million will result in assets totaling over $3.85 billion.

That is a pretty good return on investment by any standard and in any economic environment. The trick to investing wisely is to buy when everyone else is selling and this is one stock you should be buying.

SOURCE: SeekingAlpha

Overall it was a healthy trading session today.  It should have only been expected since the French and Germans are vowing to help the EU banks come up with a solution. Hopefully none of their plans will be Lost in Translation.

Be fearful when others are greedy, and be greedy when others are fearful.” – Warren Buffett

If you really want to make some considerable profits from the stock market, it is possible to make a considerable amount of money on penny stock trading. When you find the right penny stock to buy, knowing when to buy and sell is the second most important tool to maximizing your profits.

Being technical, analytical or just flat-out greedy when trading penny stocks is the easiest way to limit profits and, sometimes, even lose your entire investment. You need to have a strong and strict strategy to achieve your goal of maximizing profits while minimizing risks in penny stocks.

Listed below are a few of the many points each and every penny stock investor needs to discover.

  • Do your own research.
  • Trade Responsibly.
  • Verify everything.
  • Move Fast or Get Left Behind.
  • Do not use market orders to enter a position, use limit orders.
  • Have a System That fits You.
  • If a Stock Gaps Open, Look for Pullbacks to Enter.
  • Plan a Trade and Trade a Plan.
  • Always use stop loss orders to protect yourself.
  • Positive Self- Belief.
  • Keep trading as Part of a Balanced life.
  • If a stock breaks below our alert price GET OUT. Do not wait.
  • View Trading as a Score in Points and Not In Money:
  • Always take your profits whenever you can. Do Not Be Greedy.
  • Work Hard at Learning How to Trade Properly and Keep Working.
  • Do something to make someone else’s life better today.

About AimHighProfits.com

AimHighProfits.com strives to provide you with the hottest stock alerts in the market in Real-Time. We focus on stocks that trade for $5 per share or less, some as little as a few pennies with upside potential.

Our goal is committed to producing and publishing the highest-quality insight and analysis of small-cap stocks, emerging technology stocks, hot penny stocks and helping investors make informed decisions and to inform you of the best stocks in the market before they move. Our focus is primarily on OTC stocks in the stock market today which have traditionally been ignored by Wall Street.

We have particular expertise with internet stocks, gold stocks, renewable energy stocks, biotech stocks, oil stocks and green energy stocks. There are many hot penny stock opportunities present in the OTC market every day and we seek to exploit these hot stock gains for our members before the average daytrader is made aware of them.

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