$2000 to $500,000 with penny miners.

Discussion in 'Stocks & Derivatives' started by Wy So Lo, Mar 20, 2016.

  1. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

    Joined:
    Oct 19, 2014
    Messages:
    2,493
    Likes Received:
    15
    Trophy Points:
    38
    Location:
    R.I.P
    International with commsec is easy and they really work hard and help you get applications and stuff done. Not sure if they're on a commission or something or they're just good at their job bit they work hard, once I had my paper work done I was approved to exchange cash in line 48 hours and trade another 36 after that.

    Cmc for small gamble trades though, $11 a trade, can't go wrong
     
  2. Wy So Lo

    Wy So Lo New Member

    Joined:
    Mar 20, 2016
    Messages:
    198
    Likes Received:
    0
    Trophy Points:
    0
    What can you trade with CMC Phrenzy?
     
  3. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

    Joined:
    Jul 20, 2014
    Messages:
    5,739
    Likes Received:
    1,036
    Trophy Points:
    113
    Location:
    Melbourne
    I'm not sure on the price coz I never bought foreign shares before with commsec. I once did with a broker and they charged me an arm and a leg. They can stick their skyhigh fees up their ass now. I will never go through a broker again.
     
  4. Wy So Lo

    Wy So Lo New Member

    Joined:
    Mar 20, 2016
    Messages:
    198
    Likes Received:
    0
    Trophy Points:
    0
    Australian Shares
    Code Qty Curr Cost Basis Date Acquired Last Price Change ($) Gain/Loss ($) Market Value News & Tools Trade
    ARU 4,300 AUD 0.049 29/04/2016 0.046 0.000 -12.90 197.80 Buy Sell
    AZS 13,500 AUD 0.045 06/05/2016 0.045 0.000 0.00 607.50 Buy Sell
    EXU 16,200 AUD 0.038 28/04/2016 0.044 -0.002 97.20 712.80 Buy Sell
    Toggle:Change in %Gain/Loss in %
    Back to the top
    Exu has eased back a bit we were about $ 200 but it is still going well Cheers.
    when you get going rocket could you let me know what the min foreign trade amount is, i might have to set up another account.
     
  5. Wy So Lo

    Wy So Lo New Member

    Joined:
    Mar 20, 2016
    Messages:
    198
    Likes Received:
    0
    Trophy Points:
    0
    More volatile than i thought. Exu is yoyo ARU is just sitting there, AZS is showing a bit of life. A few shares are trading hands so that is a good sign.
     
  6. Wy So Lo

    Wy So Lo New Member

    Joined:
    Mar 20, 2016
    Messages:
    198
    Likes Received:
    0
    Trophy Points:
    0
    getting hammered this morning, only EXU is still in the green.
     
  7. markc

    markc Member

    Joined:
    Apr 30, 2011
    Messages:
    347
    Likes Received:
    8
    Trophy Points:
    18
    Location:
    Brisbane
    Pretty much all the gold miners got hit today.
     
  8. ParanoidAndroid

    ParanoidAndroid Well-Known Member

    Joined:
    Dec 2, 2015
    Messages:
    1,010
    Likes Received:
    645
    Trophy Points:
    113
    Location:
    Over there
    What do you think the chances of a repeat performance tomorrow are?
     
  9. markc

    markc Member

    Joined:
    Apr 30, 2011
    Messages:
    347
    Likes Received:
    8
    Trophy Points:
    18
    Location:
    Brisbane
    Depends on how the gold price holds up tonight.
     
  10. Wy So Lo

    Wy So Lo New Member

    Joined:
    Mar 20, 2016
    Messages:
    198
    Likes Received:
    0
    Trophy Points:
    0
    Australian Shares
    Code Qty Curr Cost Basis Date Acquired Last Price Change ($) Gain/Loss ($) Market Value News & Tools Trade
    ARU 4,300 AUD 0.049 29/04/2016 0.050 0.003 4.30 215.00 Buy Sell
    AZS 13,500 AUD 0.045 06/05/2016 0.039 -0.001 -81.00 526.50 11/05/2016 9:48:09 AM Buy Sell
    EXU 16,200 AUD 0.038 28/04/2016 0.054 0.005 259.20 874.80 Buy Sell
    Toggle:Change in %Gain/Loss in %
    Back to the top
    Wow
     
  11. southerncross

    southerncross Well-Known Member Silver Stacker

    Joined:
    Jul 26, 2012
    Messages:
    3,686
    Likes Received:
    365
    Trophy Points:
    83
    Location:
    All in your mind
    April 22nd Buy 45454 shares PIO : total cost $1020 May 12th sell 45454 shares PIO @ .09 c $4090 - 20 = $3070 profit :)
     
  12. Wy So Lo

    Wy So Lo New Member

    Joined:
    Mar 20, 2016
    Messages:
    198
    Likes Received:
    0
    Trophy Points:
    0
    SC thats crazy, thanks, You positioning for a pullback??
     
  13. SilverDJ

    SilverDJ Well-Known Member

    Joined:
    Nov 1, 2014
    Messages:
    3,935
    Likes Received:
    1,297
    Trophy Points:
    113
    Location:
    Australia
    Yep, looks like Wy So Lo missed the PIO boat.
    I didn't sell mine
     
  14. kramer

    kramer Member

    Joined:
    Apr 30, 2015
    Messages:
    479
    Likes Received:
    16
    Trophy Points:
    18
    Location:
    toowoomba
    nice going southern cross!

    I should have bought more but wanted to spread risk across a bunch of lithium stocks. I haven't sold any PIO yet.

    PIO 274,420 AUD 0.022 18/04/2016 0.069 buy value = $6080.05, value at suspension today = 18,934.98. $12850 up under a month. Obscene!
     
  15. Highonsilver

    Highonsilver Active Member Silver Stacker

    Joined:
    Nov 28, 2013
    Messages:
    332
    Likes Received:
    33
    Trophy Points:
    28
    Location:
    Melbs
    Nice work.. I can't bring myself to selling them! The second shares I ever bought were BGS. At like 2c!!!!
    And sold them for a loss... I worked out the other day if I just hung onto them, I'd be 40k about up :(
    So now I'm just slowly buying small parcels os specs and seeing how it pans out!
    Thanks to Pio, I can stop stressing about a loss :D

    Cheers, Highonsilver
     
  16. southerncross

    southerncross Well-Known Member Silver Stacker

    Joined:
    Jul 26, 2012
    Messages:
    3,686
    Likes Received:
    365
    Trophy Points:
    83
    Location:
    All in your mind
    Nah Guys haven't sold any yet, the above was just an example of what can be done with a grand,
    I got a bit more than that and will be sitting for a while yet. Maybe when they get to 20, I might sell some then. Still got a lot of legs yet
    and I am up over 150% even at the current close price.

    Loving your work Kramer, HoS, SDJ, I think Lithium will make a lot of people rich in the next few years, the new Oil rush, some will be misses
    for sure but with just a bit of research there is a ton o money to be made.
     
  17. VRS

    VRS Well-Known Member Silver Stacker

    Joined:
    Oct 3, 2011
    Messages:
    5,164
    Likes Received:
    92
    Trophy Points:
    48
    Location:
    Brisbane
    Sold DKO & bought MNB today - phosphate punt - cheap at $0.007c www.minbos.com
     
  18. VRS

    VRS Well-Known Member Silver Stacker

    Joined:
    Oct 3, 2011
    Messages:
    5,164
    Likes Received:
    92
    Trophy Points:
    48
    Location:
    Brisbane
    I bought 150000 at 3c earlier this week and didn't sell at 10c yesterday... price has since slipped back to 6c - hanging on to these I think... :cool:
     
  19. southerncross

    southerncross Well-Known Member Silver Stacker

    Joined:
    Jul 26, 2012
    Messages:
    3,686
    Likes Received:
    365
    Trophy Points:
    83
    Location:
    All in your mind
    Try getting that return at a bank huh, I think the only way you could do better would involve dealing with people nastier than Bankers or Politicians.
     
  20. olifrated

    olifrated Active Member Silver Stacker

    Joined:
    Apr 17, 2013
    Messages:
    428
    Likes Received:
    81
    Trophy Points:
    28
    Location:
    Mornington / Melbourne
    Right I have $6k to spend ....... Do I split it 3 ways or all on one company ....... Seems some people have been doing alright on here lately ...... So what companies ??
     

Share This Page