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5k - 100k challenge (Jonathans Lebed)

  • 06-04-2010 1:14pm
    #1
    Dr.Silly
    Closed Accounts Posts: 1,759 ✭✭✭


    On paper first !

    Only using Jonathans tips.
    Will only have one stock that's "live" and will sell it within 24 to 48 hours.

    I personally think this will be achieved within 60 days.

    I know this will receive lots of abuse, but I'm doing this as an experiment and will document each way what's bought, prices, and selling prices etc.



    BANK ......... €5k
    In PLAY: .....€0


Comments

  • #2
    Dr.Silly
    Closed Accounts Posts: 1,759 ✭✭✭Dr.Silly


    AMEL, bought at $1.41

    BANK ......... €0
    In PLAY: .....€5k


  • #3
    pocketdooz
    Registered Users, Registered Users 2 Posts: 1,559 ✭✭✭pocketdooz


    Dr.Silly wrote: »
    On paper first !

    Only using Jonathans tips.
    Will only have one stock that's "live" and will sell it within 24 to 48 hours.

    I personally think this will be achieved within 60 days.

    I know this will receive lots of abuse, but I'm doing this as an experiment and will document each way what's bought, prices, and selling prices etc.



    BANK ......... €5k
    In PLAY: .....€0

    Times and reasons needed for this to be of any use (otherwise you could just backdate the purchases)

    Best of luck though.


  • #4
    Raskolnikov
    Registered Users, Registered Users 2 Posts: 10,148 ✭✭✭✭Raskolnikov


    Jesus Christ.

    It was bad enough that we had sheep mindlessly buying AIB based on nothing but fresh air, but now we've got someone using the picks of a promoter/con-man (check out his Wiki) who was taken to court by the SEC.

    Not only that, but this guy has actually been paid by the company to promote this stock.
    My firm Lebed Biz LLC has been compensated by a third-party (Wall Street Grand, LLC) $30,000 cash for a one-month AMEL investor relations contract. Never invest into a stock we discuss unless you can afford to lose your entire investment. For our full disclaimer go to: www.lebed.biz/disclaimer.htm
    This lunacy reminds me of a quote from Jesse Livermore (if you've never heard of Jesse Livermore, you have no business trying to trade stocks).
    The average man doesn’t wish to be told that it is a bull or a bear market. What he desires is to be told specifically which particular stock to buy or sell. He wants to get something for nothing. He does not wish to work. He doesn’t even wish to have to think.


  • #5
    Dr.Silly
    Closed Accounts Posts: 1,759 ✭✭✭Dr.Silly


    AMEL, sold at 1.29, 5% loss
    Bank €4750


  • #6
    pog it
    Registered Users, Registered Users 2 Posts: 2,912 ✭✭✭pog it


    Jesse Livermore is a very extreme example but it's good to point out! Very sad to see what came of him in the end.
    http://en.wikipedia.org/wiki/Jesse_Lauriston_Livermore


    Why did you choose Jonathan Lebed though Dr.Silly?


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