October 23rd, 2007 | by RichSage
Moving Along Nicely
Category: MAKING MONEY
Rich Sage Site Monetizing: How I am Making Money Online
Today my workday started reading the Investors Business Daily. I’ve used their CAN SLIM method to work with stocks resulting in a very good third quarter.
My monetizing efforts are taking off on two ends: First the Stock Site Membership –I’ve recruited several members, and my largest just came in with a $12,500 setup fee this month. Of course, I had communicated with the individual for 2.5 years, but, the final effort was all about the work on this site.
Actually, now my work for the new Client begins –only by making him 100% happy with my management of his account will I be able to expand my operations. Thus, my work at NEXT Super Stock is pivotal. (REF: http://www.nextsuperstock.com)
On the other side of the coin is my effort to get 50 students going in my Rich Sage Lessons. I will have those 50 by the end of the coming month. I am not going to add up the numbers at this time –something I put off for about 3 months, before I talk about site revenue. Anyway, that revenue is coming in, and more importantly, the revenue is increasing month after month!
The BRANDS are growing!
Then I moved on to reading… In my reading, I noticed these two paragraphs in the paper: Both quotes are from Investor’s Business Daily
“But if you missed out on those early opportunities, this isn’t the time to take desperate stabs at any old stock in an effort to catch up. Many of the market’s big winners are now well extended from proper buy points, making them vulnerable to quick shakeouts.”
I agree very much with the assertion. I also want to note that in my model, the portfolio has several candidates that are JUST GETTING STARTED.  My objective all along is to find those “gems in the rough” that we can purchase now, before they go on to several or even 10 fold returns.
I disclosed earlier NTCT, which was my August stock pick for the NEXT Super Stock of the Month, which I picked with a buy point of $10.04. It did that just a few weeks ago, and now it’s nearly 30% about the buy point. My view is that NTCT will continue to keep up its growth and stock price movement.Â
Would you like to know about such stock market movers and shakers? Just subscribe to my mailing list.
The next passage that caught my eye in today’s issue of the Investors Business Daily is:
“Keep an eye on some of the biggest movers of the past few months. If a winning stock pulls back to form a base or hits a key support level, it could become an attractive buy candidate. ”
Well, the other candidates of the portfolio are doing just that. They have pulled back to support lines or they have consolidated and are ready for a fresh start.
Rich Sage
Disclosure Note: Keep in mind the Rich Sage (SAM) is always a buyer/owner of the Stock of the Month.
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