Those not familiar:
http://en.wikipedia.org/wiki/One_red_paperclip
Probably wouldn't work, and I have no experience investing in stock, so I'm clueless on this. But buy an undervalued stock, wait until it's overvalued, sell it, then find something else. OK so I know that's the idea behind stocks lol, but hell, with some research, could it work?
Just a poor college student trying to think of a creative way to make money. Obviously business isn't my major 
In reply to commoncents (thanks for the reply btw), how much is the tax? I was thinking if this were to work, I'd have to start out with 100 shares at $5 or so (is that normal?) and would have to be undervalued, wait for it to hit $6 or so, find something else undervalued, and work my way up. I guess if something was losing money, like say I got to $10 but lost to $7 (once again don't know if that happens a lot), I could wait and it's likely go up or just find something else at 7. I don't know. I'd have to actually research it.
I'm always trying to think of ways, how to "beat the system" haha. Unfortunately, most of the ideas I've had aren't any better than even the "jump to conclusions" mat in office space lol. I did figure out the whole martingale betting theory on my own completely hung over though! I guess I have that working for me.
How does this "method" compare to traditional investing? Probably a lot dumber.
Of course it could work,, but each time you sell a stock at a profit you will owe income tax on the profits, UNLESS it is in an IRA or similar retirement account that is sheltered, OR you have losses to offset the profits.
It might be easier to start with a red paper clip.
At least you are thinking on a Saturday night, instead of getting drunk (or are you already??)
You get credit for being creative,, Hang in There~