Tag Archives: Great Quest Metal

I love you, GQ

6 Dec

GQ, I just want to express that you’re the best thing that has happen to me in the past year.  +1293.33%  and counting.

Here is my humble beginnings:  https://agentfang.wordpress.com/2010/01/19/penny-greed/

Could GIX be my next GQ?

3 Dec

GIX was another spur of the moment pick for me.   With no money on my side, I actually used margin to buy this penny stock at 35 cents x 3000 shares.  In the few months, it has returned a remarkable 150% gain and counting!  This baby is starting to look a lot like my GQ who started out at 15 cents x 5000 shares to $1.80.  If I only kept all my 5000 shares of GQ, I would have been really happy.  I sold out half my position at 35 cents for GQ.  Nevertheless, not bad for a $750 investment initially. My only regret is not putting more money into GIX and GQ.

I’ve actually pour more money into NOT and UC for some reason for a combined total of $10k.  NOT has been a real dissapointment for me, I should have sold out when GQ actually surpassed NOT.  But I didn’t want to take a real loss.  UC has been a little stagnant.  Not really making any moves.  Hopefully, in the near future, it will make some strides.  Still waiting for that moment….

Maybe, it’s time to re-prioritize my positions.


Officially 1000%

18 Oct

GQ has officially hit its 1000% mark.  A remarkable feat from 15 cents to $1.65 and counting! 

Last Friday, it had gained 20 cents in one trading session.  Today is no more the less.  The day is still young, you never know what will transpire in the next few hours.  But I got one jumping penny stock!  Keeping my fingers crossed!

My only regret was not adding more position to this stock and selling out at a mere 35 cents.  However, I am grateful for the shares I have left.

700% Reached for Great Quest Metals!

10 Aug

Foresight would have been crucial in capturing that blossoming rare penny stock.  Risks could turn into wonderful fortunes that’s only if you really have guts for it.  What made me buy 5000 shares at 15 cents of GQ that day?  I simply wanted to see what a penny stock can do.  GQ by far has been a diamond in the rough that I managed to catch in its infancy!  There were several chances where I could have loaded on more shares after the initial buy.  GQ traded sideways and downwards for the next couple months.  I was dissapointed… looking for a quick rise at that time.  But patience had paid off.  Covering my ass, I stupidly let go half of my shares at 35 cents… scared from past experience.  Yet GQ keep on climbing after.  Today, it sits at $1. 20.

Imagine if I had really put down $15,000 on a 15 cent stock… which would equate to $120,000 present value!  I am only dreaming as I would never really plot down that much on a risky penny stock.  But if I had the foresight… I would be sitting in a very large sum!

Question now, when will GQ lose its momentum?  Will it just fall back to pennies after a spectacular run?  You never know… always be on the button!

2010 SOLD!

22 Jun

Questionable sells but nevertheless, I’ve made some moves this year.  Commissions are accounted for the total profit of $891.06

April 1, 2010
GQ 0.35-.15 @ 2500 shares = $490.01, gain of 130.66%

April 5, 2010
RIM 67.70-66.75 @ 100 shares = $55.02, gain of 0.8%

June 22, 2010
ALA.UN 18.75-16.50 @ 100 shares = $176.01, gain of 10.48%

June 23, 2010
WTE.UN 18.44-16.44 @ 100 shares = $170.02, gain of 10.34%

Penny Greed

19 Jan

Will penny stocks be the ruin of me?  I don’t know what it was that made me do it.  I was itching for some action with a hot penny pick.  Just for fun, I added one more penny stock to my cash portfolio.  Great Quest Metal – 5000 shares @ $0.15.

Today, GQ generated higher than normal in trading volume (5.5 million from the usual 180k in volume), 52% gain in one day… this calls for an uptick in the next day or so.   I have to keep a stern eye on this one.  I want to make a swift and clean exit with money in my pocket this time around.  No more holding and hoping, but knowing myself, I tend to have a hard time letting things go.


Disclaimer:  This is purely based on my speculation.  Please do your own due diligence before playing the stock market.