Cash Cash Cash Just for Reading….

You may have to make it through a few paragraphs to hear what I am about to do but it could be worth it for you guys!First things first – Dave’s been more than helpful fielding questions just about every Sunday back to back on WTC Trading helping those under the pattern day trade rule. We now have 45 members exactly who are benefiting from their firm. If you still have questions regarding WTC and our special rates please don’t hesitate to contact me and I’d be more than happy to send an introductory e-mail and get you set up and hopefully profiting sooner than later.

Secondly we had surge of new members this week, word is getting spread about how hot we’ve been … really though… what’s new? Most of the time we are on top of all the good movers but at times there are some weeks that you just can’t really make a bad move.

Thanks to current members for putting up with some of the one’s that don’t read any of our guidelines for the chat room and just create noise. I will continue to be on top of it as I was this week to combat the “Yahoo Message Board-ish” behavior.

Members click the dashboard you’ll fine a list of helpful links to bring you up to speed.

This week as you saw there was maybe a handful of big moving OTCBB plays… but our niche strategy (day rangers, high ADRs and stocks between $1-10 bucks) is where the things were paying out big time. Between Muddy’s Loser scan which turned into some of the greatest bounces this past week to a pharmaceutical that moved nearly 30% intraday Friday on a clear as day call after receiving a 60-65% haircut the day before.

As most of you know with the recaps, twitter comments and all that good stuff … although I left about $175k on the table on CCTC from my buys at .0495 to .05  … WOOOPS we’ve been trading it pretty heavily. In fact it’s almost crazy how many legitimate dead bottom fills we’ve nailed. All those that have been trading know that the bounce plays need to have profit quickly taken, any time a bottom doesn’t hold be careful and focus on the next panic drop.

This is not something I would recommend to new members. With the links I’ve provided on the dashboard – THOSE are the strategies I’d stick with until you become better and better and can tolerate more risk. Although risky… it can be very rewarding as you’ve seen.

I almost sent out a newsletter on Wednesday with this same “contest” but didn’t want to provide a jinx. Although I had 2 more $10K days Thurs and Friday I would have already given away thousands … woops!

Anyway… I will provide a stock and a time the contest ends. We’ll vote for the stock on InvestorsLive.com once I do a recap post .. you’ll have to guess the closing price. The closest will receive $250 if you’re a non-member or $1000 if you’re a member. Members also will receive an IOU on a T-Shirt and Mug .. or if we have them I will send them immediately

I may do more of this … this year as chat has been a great success, feedback has been awesome, we’re at an all time high with members and it’s time to give some back.

Other updates:

We’re having a new logo created. Member’s have been hounding me for Mugs and T-Shirts…. well … one step closer. I will show you guys the logo ideas tomorrow in chat and you can tell me what you think.

Next is a new website design with the new logo…. then T-shirts so you can all look good working out at the gym!

We’re also going to start doing more contest on twitter… so if you are no following… Do so here: http://twitter.com/investorslive