Generate Thousands in Cash on Your Stocks without Selling Them
Editorial Reviews
Book Description
Did you know that you can generate substantial amounts of cash on stocks without buying or selling them? Are you aware that you can recover losses of 90% or more on stocks using simple " outside the box strategies" that require little or no out of pocket cash. Would you like to turn any stock you own into a winner?
In this book Dr. Samir Elias will show you how you can use a low risk highly effective system to accomplish these goals and more. After reading this book you will learn how to:
* Generate thousands in cash on your losing stock without having to sell and take losses. The author shows you how you can generate thousands of dollars on the same stock in a single month using actual examples. In one real life example, the author shows how he reduced his cost basis from $10 to $5 while raising over $26,000 and making a 500% profit on selling the stock
* Reduce your cost basis on stocks you own without out of pocket cash. Watch how an investor buys a stock at $93 and comes out a winner as it drops to $30 while raising $21,000 in cash.
* Increase your profits on winning stocks by getting a premium to the market price when you sell. Watch how in one example the author achieves a $14,000 premium over market when selling the stock.
* Generate cash on stocks you do not own before buying them. Follow play by play how an investor raised $20,000 on a stock as he is in the process of buying it. This is an actual example that took place between June and August 2001.
* In a special chapter you can also learn how use other peoples money to generate thousands on stocks below $5. The amounts of cash you can raise by implementing this strategy will amaze you.
* The author describes simple but powerful timing techniques including: the 102030 test, Tell tale spikes (especially important for stocks below $5), the principle of Fading Momentum and the 75% rule to help you maximize your cash generation. In one of the chapters the author shows 6 real life examples with charts on how to successfully implement these principles.
The author's objective is to show you how to use the tools in the book to make money, so he focuses on applying each and every concept in the book to real life situations with trades that he executed himself.
"You may not have the power to control the wind but you can control your sails." This book will show you how to adjust your strategy to be profitable no matter what this crazy market throws at you.
From the Author
You purchased 1000 shares of Lucent at $40/share. The stock is now at $0.90. Your loss $39,100. How Can you Recover this loss?
Choice 1: Wait until the stock gets back to $40. May take Years!!
Choice 2: Throw in another $18,000 to buy 20,000 more shares. Your average is $2.76/share.
What if you do not have the $18,000 or the stock drops further to $0.50 after you buy? Better than 1 but Not a good choice
Best choice: Without spending any of your own cash sell someone the option to sell you 20,000 shares of Lucent at $2.50 within 2 years. You will receive $40,000 immediately . you will get to keep the cash if the stock reaches $2.50 at any time in 2 years. You will not lose any cash even if the stock drops to $0.50.
If the stock has bottomed, (A simple test in the book will show you how) you could use part of the cash ($18,000) to buy 20,000 shares of Lucent and have $22,000 cash left.
On 11/29/2002 LU closed at $1.76 and the option you sold for $2.00 are now at $1.40 . You could buy the option back for a profit of $0.60/share or $12,000 total profit and sell the 20,000 shares you just purchased for $0.80/share profit or $16,000 total profit. You have now recovered $28,000 of your $39,100
In fact this is just one of the techniques described in this book that will help you recover your losses while generating cash.
Generate Thousands in Cash on Your Stocks without Selling Them
Generate Thousands in Cash on Your Stocks without Selling Them,Samir Elias,Leathers Publishing,1585971162,Business & Economics,Business / Economics / Finance,Business/Economics,Investments & Securities - Stocks,Personal Finance - General
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