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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > in at 1.47 - out at 1.68
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Post by b4545 on Aug 01, 2012 11:06am

in at 1.47 - out at 1.68

Great volume for a day trade.

GL to the longs. I will join you when the excitment is over and this stocks settles down, but for now it is too easy to flip 20k shares and make 200$ 3 or 4 times today.

glta

Comment by hangemhigh4 on Aug 01, 2012 12:00pm
Dont count on pps pulling back. It hasnt for the last month on any run up. As I once said this stock is not trading like most other stocks. Pps could continue upward with no pull back. Imo>
Comment by b4545 on Aug 01, 2012 12:16pm
when I look at the MTT graph I see plenty of up and down trading over the last year and just this month MMT was up to 1.50, the down to 1.38 then up to 1.71 and now at 1.65. This is a day traders dream. At 20k shares a 1 cent move = 200$. And with my margine account I can short this stock and settle before end of day. So I make $$ on the way up and on the way down. This is a no brainer with little ...more  
Comment by thedave2006 on Aug 01, 2012 12:30pm
loads of catalysts to come...more good drilling results, confirmation of special div and possibly confirmation of an ongoing div.  :)   cheers, dave.
Comment by Bobwins on Aug 01, 2012 12:33pm
Haven't made the quick buck like you but seem to be doing ok.   
Comment by b4545 on Aug 01, 2012 12:45pm
Bob, I do hold most stocks longer term, but when I see something react like this stock has from a BNN recomendation, then I use the opportunity to make cold hard cash. Nothing serious really 4200$ in 24 hrs, but it is cash in the bank. I will get 20 or 30 K to hold, once I see the dust settle, even if it means paying a little more if my "day shorting" doesn't work. So fay I am short ...more  
Comment by Bobwins on Aug 01, 2012 1:08pm
I was just kidding around.  There are many ways to make a buck and that is the end game.  We all want to make as much as possible. I've found that I am not a good trader so for me, buying and holding a few stocks that I think will become multibaggers is my way to max profits.  I hope you make similar big bucks with your trading and I agree that this looks like a big move with no ...more  
Comment by b4545 on Aug 01, 2012 1:16pm
I'm to late for this special div, nut am looking forward to getting Sept's div in October, as I hope to holding long by then. glta  
Comment by b4545 on Aug 01, 2012 4:00pm
covered my short at 1.63. another good day with 1000$ in the bank.
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