buying on margin?

[godsense]

i am considering buying some more UCAD shares on margin. What do you folks think if this is best done pre or post split, or not at all.

[RPJII]

Ucad has gained over 100% in less than a month. It needs to find a support level before I would consider buying. But thats just my opinion....http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=ucad&time=&freq=
Ucad looks like a ship in a storm without a rudder right now... also, I dont think that you can even buy an OTCBB stock on margin.....

[WWJDthrume]

godsense said:

i am considering buying some more UCAD shares on margin. What do you folks think if this is best done pre or post split, or not at all.

In general I think buying on margin is foolish unless you have the money sitting nearby to cover. It could turn ugly too fast.

With UCAD the price seems to be coming down presplit. I have this stock and the volume is low on the take down, I would probably buy just what I could with available cash.

I also wonder if GEMM, CIM, CMKX and UCAD will roll up into an IPO as soon as the shorts sales are recorded. GEMM and UCAD seem to be in a holding freeze pattern like CMKX. Not as low but strange.

Van, how do you read what is going on with UCAD and GEMM price wise? -Thanks -Debi

[VNGNTN1]

ALL related stocks were way down today. Maybe someone is giving us the finger one last time, who knows. Very surprised no PR today. Next probably Friday after close, and looking more like the party for a solid statement.
VAN

[hxpe]

I hope all you guys going to the party have a great time. I also know you'll show folks what being a Christian really means, even in Sin City. However, for me personally, I'm glad I won't be going. Take notes for the party poopers like me, OK?(G)

Oh, and I think buying on margin is also a bad idea with fluctuating stocks such as these. And it also violates the philosophy that you should only buy what you can reasonably afford.

[godsense]

thank you very much for taking the time to respond to my question. I truly value this board and all you brothers and sisters in Christ.

Hxpe, thanks, your so right with your comment, to be honest it’s more than violating a philosophy, the Bible even speaks of this and to reframe from such manners of conducting business. Praise God for folks like you to be a reminder in how we should live. Now I need to find the passage that speaks about this.

Thanks again and may God’s blessing be in all things you do.

billy

[tradepicks]

Please be carefull when using Margin.

The only time that I would really use it is if I bought and got out of a stock the same day. I would not sleep on it.

Even as sure as it may sound, things can still happen.

God Bless
David

[godsense]

hi David, thanks for the advice and what your doing in Boliva.

i noticed on your tradepicks you do not show CMKX or UCAD? i too got into qbid, yet at the wrong price. and lately, my conscious is telling me to get out of this stock and not support this and the lifestyle it promotes.

Mahalo,

billy

[tradepicks]

I have a special page for CMKX.

"QBID" We called this and lots of our members held this for about six months at .0001 before the big run.

I am no longer in it because of personel reasons, but I knew it would make money. I had to do my job which is to find good stocks before they run for the members. Then it is up to them what they do with it.
I do wish though however, that all the ones that made money (and they did make a whole lot) uses it for good things. Even though I work hard to find good stocks at good prices I wish now that I had never called this one because I do not support "QBID" at all.



Now for the good news: We have been in CMKX when it was CMKM at .0001
We were in when they gave a free share for each share held and we were in for the first CIM divy. Back then they said something about merging with "MRDR" and that stock took off. Something happened to that deal a while back.
We were in for the ride to .0012
So most of our club holds free shares after selling some.

[godsense]

praise God for your successes. i'll have to look out for your stock tips. always looking out for a breakout stock. i missed a great opportnity with AUML. i had a note to buy it at .12 cents, yet forgot to look at my memo and a few short days later it jumped to over a dollar and about a week later foward split 5-1 and on that same day it split it went back up to nearly a buck. the amount of shares i was going to buy would have netted me $15k.

thats great you have been in CMKX that long. your are a true faithful long. i started buying in May @ .0001 and can't imagine what you have been thrugh.

take care and Good blesss

[tradepicks]

I have never ever seen as much interest in any stock as I have with "CMKX"
I'm still trying to fiqure this one out.

David

[WWJDthrume]

I was sitting at my computer reading the breaking news on my otccharts program and saw QBID at .0001 announce it was getting it's satellite network off the ground.

I knew it was going to take off huge and I also knew I couldn't buy it. I really felt conflicted since the return from .0001 was going to be astonishing. All I could think of was that Woody Allen quote:

'The thing I hate about selling your soul to the devil is the long lines'.

So true. -Debi

[tradepicks]

I totally agree Debi
but God forgives and Im glad he does.

[VNGNTN1]

I was hoping a pastor would present a treatise on MARGIN, alas it has not happened. For those of who may have a "touch" on the heart about this.
MARGIN is another word for USURY. Strongs concordance lists 23 references.
VAN

[Boaz]

Margin buys will definitely get you caught up. Be extra cafeful. Now if you had deep pockets, that would be another story. ;D