my investments...comments?

I put 5K into my etrade account and did some research - here is what I bought.

 

UNG - I think it's awfully low and I understand the amount of contracts out there, but you would think it would go up this winter.  I bought 275 shares at 13.90 each.

 

OCNF - the upside on this one is really good.  Shipping will be in demand and then news I read on this has been positive.  I also think it's really undervalued.  I bought 300 shares at 1.50.

 

SPNG - good looking penny stock here (cleaning supplies).  They have been making sales left and right, have a contract with the Cincy Bengals, and have started to advertise.  They have 23M in orders for July.  Definitely something to look at!  I bought 3800 shares at 0.15.

 

Looking for some criticisms or positive remarks.....

 

I just put 5K into a Roth IRA and am trying to understand that.  Im also looking to put a little more into a trading account and the SPNG seems interesting.   When did you get into that one?

 

Investing you retirement in Penny stocks?  IMaybe a percentage but not too much IMHO.  Too many good stocks cheap like AA, GE, BAC, FITB etc..

 

Thanks for the comments fellas!

 

Kbrick - what a coincidence!  I will take a look at what is in your thread.  I'm all about what SPNG has done so far....if they continue to market a little bit better and possibly book Wal-Mart (obviously their production will have to skyrocket).....I think we could have a diamond in the rough. 

 

UNG had a nice day today!  Hope it continues but I have my doubts.  However, I'm in it for the long haul....almost $70 has a high 1.5 yrs ago.....I would settle for half of that!  lol

 

OCNF also had a nice day.....

 

RichRogers - just was doing a little bit of research and read up on SPNG....take a look at it!  Keep me up to date on what you do or what you find!

 

Looking for something to bet tonight...may have to take my Cubbies.....

BAC will fall soon....mark my words...they are in trouble and hardly no one knows.

Palladium - I have $ put in hartford mutual funds on a regular basis through Edward Jones with my employer for an extra retirement "kitty" besides what I will get with my pension.....

 

This is just speculation on my part.  If I hit a home run with SPNG - great!  If I make just a little - that will be fine too.....just thought it was definitely worth a shot after the research I did.

 

Good luck with your investments as well.....

Palladium - were you referring to me with the "retirement into penny stocks"?    If you were - I wasnt planning on using the 5K for that...