If you have never traded stocks before, I suggest you go over and understand all the basics of trading. Here are some of the hot stocks at the moment. Citi (C): Freddie Mac (FRE):  Jumped 75 % after-hours on Friday. They finally posted a profit. Bank Of America (BAC) AIG Reviews of online stock brokers for starters: http://www.stocksnewbie.com/wh... Disclaimer: As always, I am not telling you what stocks to buy or sell. Please do your own Due Diligence.

pat · Aug 9, 2009 9:29 AM

Refugee, If you are amateur DONT buy stocks like AIG or FRE in a hope of becoming millionaire overnight. These stocks are highly unpredictable. You need to do lot of research before you invest YOUR money. Invest in some solid company with solid history and prosperous future.  I suggest you to go throught the picks of Eminitrader (www.nepalitrader.blogspot.com) or some of my own picks ;).  My picks from couple week ago are  1. CDII @ 1.42 (Chinese) - Consulting & Materials 2. AKS @ 15.89 - AK Steel 3. CTRP @ 40.00 (Chinese) - Like Pricline of America 4. DGW @ 22.10 (Chinese) - New on Stock Market 1. TGB (Currently @ 1.47) - Copper Industry  2. WMB (Currently @ 14.28) - Natural Gas 3. PRGN (Currently @ 3.40)- Dry Bulk Shipping  FWLT (Foster Wheel) @ 19.75  TRMD @ 9.40  (extremely low volume) LVS @ 7.14  FEED @ 5.30 (only if it stays above 5.33) check out new ones Precision Drilling Trust (PDS)  Deutsche Telekom AG(DT).  YGE  PRGN (now wait till earning release) FEED (Wait till earlning release announcement) PDS and DT or not very far from 52 Weeks low.  Last edited: 09-Aug-09 12:56 PM

mech · Aug 9, 2009 12:55 PM

Pat, Syanjali and Mech Thank you very much firstly......Yeah I know I gotta do lot of research these days on this...And yeah I really wont buy anything blindly just someone suggested in sajha..But yeah I do look at all the share you guys mentioned..and I do reaserch on them....The main thing is there are millions of share on the market and I have no idea which one to look at ....So all of you guys idea is appreciated...And yeah if anyone has to say more about it....please do write it here.....also what is th best website for trading please write it...thank you guys again...

refugeeNP · Aug 10, 2009 1:43 AM

need some comments.....wow...look at FNM and FRE dude...they jumped like a hell....thought of buying but didn't bought....

refugeeNP · Aug 10, 2009 2:16 PM

RefugeeNP, I bought 2000 shares of FNM today at $0.90. I am glad I did. I wanted to buy FRE, but it was moving up too fast so I was not sure what was the right price to buy. FRE went up more than 125 % and still going up.  I recommended FRE to you because it is a really "safe stock" because it is government owned - for now. Most of the shares of FNM and FRE belongs to the government that is why these stocks were trading under a dollar and also the reason why these companies would never go bankrupt. They are "too big to fail".  FRE and FNM are like two sides of a coin. If one goes up, so does the other and vice-versa.  If you are long term trader, FRE and FNM are still good choices because once the housing market returns to normal (may take 1, 2 or even 5 years) and they pay off their debt, these stocks would trade for more than $20 per share. Also watch out for C. Another safe bet for the long run. It went below $4 today. If  it goes anywhere near $3.75 - $3.50, it is a "buy". GLTA

pat · Aug 10, 2009 4:57 PM

Loss is narrowing down.

बैरागिकाइलो · Aug 10, 2009 8:31 PM

FNM and FRE are up to $1.75 and $2.25 respectively (about 100% gain). Congratulations if you bought the shares when I alerted about it in the previous post.

pat · Aug 24, 2009 11:58 AM

Hay PAT I know....yeah I bought some of FNM at 91cents and already sold when they were 120cents...anyway I made some money.....What abt FEED .....and SIRI

refugeeNP · Aug 24, 2009 3:37 PM

SIRI is a little tricky stock.  I bought this stock when it was 7 cents and then sold it for about 20 cents. I made a some profit in it, but I haven't looked at it since then.  It seems it went up to 70 cents because of the "Cash for Clunkers".  Sale of XM radio and Auto Sales are directly propotional. I believe you know why.  The Clunker program has ended now, so it is hard to tell what will happen now. The new news about SIRI is that they are making satellite radio compatible with iPhone. This might be something big. So watch out.  I am thinking  the best strategy for SIRI would be to buy a "Call Option" for the third week of October for $1.00 strike. I hope you know what "Options Trading" is. If not, read here  http://www.investopedia.com/un... Although it is a little hard to understand, but extremely handy trading style. If you have any questions about Options, let me know. P.S. I didn't get a chance to look at FEED.

pat · Aug 26, 2009 10:50 PM

Hey Guys Buy SPNG the 10k is due tomorrow. Disclaimer: Do your own DD before jumping in

Phiste · Aug 27, 2009 12:59 PM

Phiste, I am holding SPNG and thinking to dump it as soon as it gets 0.25 What does '10k due' means phiste? How does it benefit us?   Does it worth to buy SIRI at this moment?

smag · Aug 27, 2009 1:07 PM

Why SPNG?1.  10K due tomorrow unless they file a late filing. (A Form 10-K is an annual report required by the U.S. Securities and Exchange Commission (SEC), that gives a comprehensive summary of a public company's performance.) 2. AS reduced from 2.75 B to 900 M recently  3. They are reduving the OS from 720 M to 500 M 4. Rumor of around 1 to 2 B shorts which when cover can give some squezze to share price 5.  .... Disclaimer: Do your own DD before jumping in  

Phiste · Aug 27, 2009 1:32 PM

I got SIRI and i am loosing little bit but not too much....so as soon as it bumbs to 1$ i will sell it.....Also I was thinking of buying SPGN but a friend of mine suggested not to....So I didn't bought that....ther then that everything is alright....

refugeeNP · Aug 27, 2009 2:40 PM

Guys list some hot stock...under $5

refugeeNP · Aug 27, 2009 2:40 PM

Thanks Phiste for the information. Lets see if they file 10K tomorrow.

smag · Aug 27, 2009 2:46 PM

Learning slowly...... I hope may be after 5 to 7 years i may use those terms with more details explained.

hemu · Aug 27, 2009 4:54 PM

I have been watching the recent spike in interest in investing, and getting very uneasy with a majority of the things being posted. I believe they will cause a lot of financial damage in the days to come with the hard earned money thats at stake. Its easy to get sucked in with the markets rebounding the way they have recently, specifically the financials. Please, please know what you are doing, instead of following what is being posted here. Listing  hot stocks or pointing out a certain 10k filing to work wonders for the valuation of a company  is not credible enough a reason. There are plenty of self-help books and resources available.

jhyalincha · Aug 28, 2009 12:01 PM

****** SpongeTech(R) Delivery Systems Announces Reverse Stock Split to Move Closer to NASDAQ Listing. Sep. 8, 2009 (Business Wire) -- SpongeTech® Delivery Systems, Inc. (“SpongeTech”) “The Smarter Sponge™”, (OTCBB: SPNG) today announced that its Board of Directors has unanimously approved a reverse split of SpongeTech®’s issued and outstanding capital stock at a 1-for-100 split ratio. The reverse stock split, which is expected to take effect on September 22, 2009, subject to receipt of necessary regulatory approvals, has also been approved by the holders of more than a majority of SpongeTech’s voting capital stock. *******   Last edited: 08-Sep-09 09:58 AM

smag · Sep 8, 2009 9:34 AM

hey smag I dont think reverse split is bad thing for a growing company. There is some rumor in the market that shorts have to cover before sept 22. i am holding until 22nd

Phiste · Sep 8, 2009 2:51 PM

Phiste, you're right when a growing company feels that their stock price is too low to attract big investors they go for reverse stock split. SPNG was 0.22 couple of days ago, I should have sold them at that time. Lets hope it will be up again soon.

smag · Sep 8, 2009 3:20 PM