DSX......soon TELOZ FICC LRT CDIC EVCI DLR TZOO SRVY TRMM SGTL FBP MCEL.....entry now GTE......early January
Posted by R1Man on :
CMGI UBET CHTR
Posted by Who? on :
R1Man
Just by looking at the indicators of the stocks on your watchlist, I like : LRT, SGTL, FBP, CMGI, UBET, CHTR
but I haven't checked the news on any of them
Posted by Who? on :
Watching AVAN and INFS
Posted by R1Man on :
quote:Originally posted by Who?: Watching AVAN and INFS
They look scary to me....seeing them in the medium. I called TELOZ and FICC right.
Posted by R1Man on :
TBUS VLNC.......should shoot up thursday IVAN ITCD INNO
Posted by R1Man on :
EGR
Watch for a nice bounce Tuesday.
$1.24 currently. Should see a bounce to $1.35 or so.
Posted by R1Man on :
RGR
Posted by abram on :
FORD
Posted by right42day on :
I like Dnag... looks to be consolidating with a little volume might pop!!! I have added it to my watch list... This looks to have a low float according to otc small cap center
Looks like it could be good for a nice swing...Although it has started an uptrend...GLTA
Posted by R1Man on :
INNO......$1.01 entry.....$1.15 exit RGR.......$6.80 entry.....$9.50 exit MCEL......$1.31 entry.....$1.70 exit
Posted by R1Man on :
quote:Originally posted by R1Man: EGR
Watch for a nice bounce Tuesday.
$1.24 currently. Should see a bounce to $1.35 or so.
$1.38 close for 1-3-06
Posted by R1Man on :
quote:Originally posted by R1Man: TBUS VLNC.......should shoot up thursday IVAN ITCD INNO
IVAN........gained 29% since post. $1.05 at post......$1.35 now.
Posted by R1Man on :
ASIA......maybe.....losing money but might bounce INPC......Should be a nice one to swing
MCEL......Can't really get cheap anymore....$1.38 now.
Posted by pizzaboy on :
Great call on IVAN! I still remember this oil stock skyrocketing a couple of years ago. Looks like that trend is picking up again. I guess you can't go wrong with oil stocks these days.
Posted by R1Man on :
ASIA moved up. MCEL is trading as low at $1.35. INPC dropped even more and now moving back up.
UBET is a buy now...$4.52.
Posted by R1Man on :
FJC..........52 week low right now. $1.34. I think entry will be $1.25.....exit is $2.00.
Posted by R1Man on :
quote:Originally posted by R1Man:
quote:Originally posted by R1Man: EGR
Watch for a nice bounce Tuesday.
$1.24 currently. Should see a bounce to $1.35 or so.
$1.38 close for 1-3-06
$1.47.
Posted by R1Man on :
quote:Originally posted by R1Man: FJC..........52 week low right now. $1.34. I think entry will be $1.25.....exit is $2.00.
Didn't expect this yet......$1.40 with a HOD of $1.45. Opened at $1.29. FJC has never in the past 35 years been at these levels ever.....I think that is great news for a speedy bounce back to normal levels. I could see $2.25 range within 6 months....especially if they get a positive earnings report next quarter.
MCEL had news come out and shot up from $1.35 to $1.54 HOD and closed at $1.46......$1.47 after hours.
UBET really moved down today....didn't expect this.....$4.42 close.....$4.25 LOD. Bought in too early I guess (4.54 Friday).
A long position stock would be QTWW. They manufacture powercells for automakers. Hybrids are on the rise in productions.....so should this stock's price.
Posted by R1Man on :
quote:Originally posted by R1Man: DSX......soon TELOZ FICC LRT CDIC EVCI DLR TZOO SRVY TRMM SGTL FBP MCEL.....entry now GTE......early January
Every one of them gained....some 20% or more.
WHO...Nice pick on AVAN.
Posted by R1Man on :
UBET.......$3.96. Steal right now. Dropped down to $3.89.....but look at the charts. It blooms in April.
Posted by R1Man on :
Bought another $7,350 at $4.00.
Posted by pizzaboy on :
quote:Originally posted by R1Man: Bought another $7,350 at $4.00.
UBET doesn't look too good from the charts. It broke through a lot of support points today, so I think it may be a long ride down. Just my 2 cents...
Posted by R1Man on :
Thanks for the imput. I have a lot of money invested in UBET. However, if you look at the charts....you will notice that it peaks up in April the past several years and that is what I'm banking on. I love pattern stocks....they're easy to predict!
Posted by R1Man on :
MCEL.........$1.59.
Posted by pizzaboy on :
Another great day for IVAN...looks like it will try to go for the 52-week high of $3.34 again IMHO.
Posted by pizzaboy on :
quote:Originally posted by R1Man: Thanks for the imput. I have a lot of money invested in UBET. However, if you look at the charts....you will notice that it peaks up in April the past several years and that is what I'm banking on. I love pattern stocks....they're easy to predict!
If that's the case, I would suggest buying early-mid March. That will minimize your risks and won't tie up you cash for a few months. Instead, you could've bought IVAN right now and make a quick profit when it swings up. Again...just my 2 cents.
Posted by R1Man on :
Opps....thought I posted this one already a few weeks ago. Too late now. It was XNN at $1.45. Its now $2.03. I posted it on hot stock picks.
Bought another 1,500 shares of UBET at $3.92.
Asia has been moving up....they announced 4 million share buy back or 9%. Its up 15.3% since my first post.
QTWW has moved up 12.2% since my post. I believe this is a hot company especially because of the increase in production of hybrids.
Posted by jojo55 on :
CDEX, Inc. Appoints James O. Griffin as Chief Executive Officer
New CEO to lead company’s growth strategy in the healthcare, homeland security, law enforcement, and brand protection markets Rockville, MD -- January 3, 2006– CDEX Inc. (OTCBB: CEXI), the developer of innovative systems for substance detection and verification, announced that James O. Griffin has been named Chief Executive Officer, effective January 1, 2006. Mr. Griffin, who joined CDEX in 2005 as Chief Operating Officer, succeeds Malcolm H. Philips, who will continue as Chairman of the CDEX Board. CDEX (www.cdex-inc.com) is the developer of the ValiMed™ Medication Validation System, distributed by the Baxa Corporation and used by hospital pharmacies to improve patient safety and reduce medication error rates by validating compounded doses of high risk medications. Mr. Griffin, who has an extensive background in developing technology companies in the security industry, will lead the CDEX expansion of its product suite, the company’s entrance into new markets, and the establishment of funding initiatives.
“I look forward to leading the CDEX team as the company strengthens its position in existing markets, expands its product offerings, and leverages its core technologies for new applications in markets such as homeland security, law enforcement, and brand protection,” said James O. Griffin, CEO of CDEX, Inc. “CDEX is fortunate to have a winning combination of strong technologies, highly talented, creative, and devoted personnel, and a loyal investment community. Our vision at CDEX is to save and protect lives, property, and assets through the innovative application of technology for the betterment of society. Bringing this vision to life by building upon the foundation that has been laid by the original founders and investors, and all of the staff at CDEX is a tremendous opportunity and privilege for me.”
Prior to joining CDEX, Mr. Griffin served in senior executive positions in both public and private enterprises, including Cernium, Inc., a leading developer of intelligent video analytics systems, and the IPIX Corporation, where he launched IPIX Security, the company’s video surveillance division. Altogether, Mr. Griffin has more than 25 years of experience in the high technology security and defense electronic systems industries.
CDEX proprietary technologies enable real-time verification of substances s through a process that utilizes a discrete energy source to produce unique return photon signatures to authenticate or validate the substance in question, such as pharmaceuticals, illegal drugs, explosives, distilled spirits, etc. CDEX technologies have applications in a number of fields, including healthcare, where it is being employed to reduce medication error rates, and to reduce the theft of pharmaceutical narcotics. CDEX recently demonstrated its ValiMed™ System’s anti-counterfeiting capabilities at the annual mid-year meeting of the American Society of Health-Systems Pharmacists (Las Vegas, December 4-8, 2005), validating authentic Tamiflu and influenza vaccines and distinguishing these from counterfeit products in seconds using the ValiMed field-portable instrument.
In November 2005, Baxa Corporation, a leading medical device company with relationships with thousands of healthcare institutions, signed a strategic distribution agreement and made a significant investment in CDEX to secure the exclusive distribution rights for the CDEX ValiMed System for healthcare organizations in the United States and Canada. ValiMed is currently the chosen solution of a number of leading healthcare organizations, including the University of Maryland Health Center, the University of Michigan Health System, Texas Children’s Hospital, and the Maricopa Medical Center.
Under Mr. Griffin’s leadership, CDEX will begin implementation of its growth strategy that includes enlarging the company’s intellectual property portfolio, expanding research and development capabilities, accelerating the development and launch of new products, expansion of sales channels, entering selected international markets, setting up strategic business alliances for product development, manufacturing, and service and raising capital for the acquisition of new technologies.
“Jim Griffin’s vision and growth strategy for CDEX is fully supported by the CDEX Board of Directors,” said Malcolm Philips, Chairman of the CDEX Board. “We have been pleased to have Jim at CDEX as our COO, and look forward to his leadership as CEO.”
About CDEX, Inc.
CDEX Inc. is a technology development company with a current focus on developing and marketing products using chemical detection and validation technologies. At present, CDEX is devoting its resources to two distinct areas: (i) identification of substances of concern (e.g., explosives and illegal drugs for homeland security); and (ii) validation of substances for anti-counterfeiting, brand protection and quality assurance (e.g., validation of prescription medication and detection of counterfeit or sub-par products for brand protection). ValiMed is one line of CDEX products for the healthcare market. CDEX is headquartered in Rockville, Maryland with its research and development laboratory in Tucson, Arizona. For more information, visit www.cdex-inc.com and www.valimed.com or contact Jim Griffin or Jerry Blair at 301-881-0080 (cdexmanagement*cdex-inc.com).
[B][/B]
Posted by pizzaboy on :
quote:Originally posted by R1Man: Opps....thought I posted this one already a few weeks ago. Too late now. It was XNN at $1.45. Its now $2.03. I posted it on hot stock picks.
Bought another 1,500 shares of UBET at $3.92.
Asia has been moving up....they announced 4 million share buy back or 9%. Its up 15.3% since my first post.
QTWW has moved up 12.2% since my post. I believe this is a hot company especially because of the increase in production of hybrids.
I would stop buying ubet if I were you. Charts look terrible at this point... If IVAN breaks the $3 resistance, it'll have lots of potential so keep you eye on that instead, IMHO.
Posted by pizzaboy on :
quote:Originally posted by R1Man: Opps....thought I posted this one already a few weeks ago. Too late now. It was XNN at $1.45. Its now $2.03. I posted it on hot stock picks.
Bought another 1,500 shares of UBET at $3.92.
Asia has been moving up....they announced 4 million share buy back or 9%. Its up 15.3% since my first post.
QTWW has moved up 12.2% since my post. I believe this is a hot company especially because of the increase in production of hybrids.
Looks like UBET finally hit its support today. I think it'll consolidate there for awhile and either head back up a bit or continue its down trend. It's tough to see which way it goes now but consolidation is almost certained (unless if some super great news come out).
IVAN went past $3 after hours. Keep a close eye on this one 'cuz there isn't a solid resistance point until around $6 once it passes $3. I just love stocks that are so easy to read from charts. Of course, these are just my opionions so do your research.
Posted by R1Man on :
Do you think ubet is done dropping yet....$3.95 now. This just blows my mind seeing this drop so much. When you looked at the charts, did you feel that the stock price would hit $6.00+ in April? I'm really scratching my head here....I have $25,000 invested in this with an average of $4.23. Almost bought $6,780 more yesterday at $3.89. I'm just in the dark today on this. Yesterday, I thought it was done dropping and then right before close it nose dives again. Its just a big pain in the ass now. What ever I decide today, I can't change it until Tuesday at the earliest...(Out of town). Let me know what you think PZZABOY.
Posted by R1Man on :
Feeling good now....for some reason I thought it dropped almost $1.00 today.....I must of been having a brain fart.
Posted by abram on :
quote:Originally posted by abram: FORD
In at 9.11 Dec. 29th and out at 11.245 Jan.20th. Twas a swing. Posted by pizzaboy on :
quote:Originally posted by R1Man: Do you think ubet is done dropping yet....$3.95 now. This just blows my mind seeing this drop so much. When you looked at the charts, did you feel that the stock price would hit $6.00+ in April? I'm really scratching my head here....I have $25,000 invested in this with an average of $4.23. Almost bought $6,780 more yesterday at $3.89. I'm just in the dark today on this. Yesterday, I thought it was done dropping and then right before close it nose dives again. Its just a big pain in the ass now. What ever I decide today, I can't change it until Tuesday at the earliest...(Out of town). Let me know what you think PZZABOY.
Looking at the graph, it shows a consolidation pattern. The run up yesterday didn't carry over today but there is a good support at 3.75ish. It'll most likely fluctuate between $3.75 to $4.10 for some time during this consolidation period. Where it'll head from there is too early to tell. There's a small resistance at $4. $4.50 is a big resistance so if it closes above $4.50 at anytime, that's a signal to buy for me.
Sold IVAN today for $2.71. I bought it at $1.03 just a week ago so that was a good swing gain. Onto the next stock I go...
Posted by masterstk23 on :
UBET is a great bet to rise soon if you take in account all factors within the buisness and growth rates this baby has an intrinsic value of $9.00. go to vectorvest.com for a free quote and current value, and rating they give you 9 free. its currently rated a sell but it will gain traction soon. it has done gaps up and down since $1.00 a few years ago. great short and long term play
Posted by abram on :
quote:Originally posted by masterstk23: UBET is a great bet to rise soon if you take in account all factors within the buisness and growth rates this baby has an intrinsic value of $9.00. go to vectorvest.com for a free quote and current value, and rating they give you 9 free. its currently rated a sell but it will gain traction soon. it has done gaps up and down since $1.00 a few years ago. great short and long term play
Good call!
Posted by R1Man on :
CRIS.......New 52 week low. Closed around $2.62. I bought $6,780 at $2.61. Looking for a $0.40 gain by friday.
UBET....sold 1,812 shares at $4.12 for a small gain...nice CLOSE today.....still sitting on 4,100+ shares. Looking to get back in with my sell today on a dip. Still going to hold 2,500 shares until $6.25.
RGR.....its finally at the right price....entry is $6.75....exit is $9.00.
QWTT.......did anyone buy???? Its up a lot now. Its up 30.82% now.
XNN.......up 54.48% now.
SRVY......don't remember if I posted this one or not. Its up 40.46% now.
PCYC....up 32.43% now.
ASIA.....$4.25 close. Up 17.4%.
IVAN.....up 153.77%.
I will post my new picks later tonight if I get a chance....been out of town for a 5 days.
Posted by R1Man on :
SBEI........$1.30
PLB.........$3.61.....not sure if I would touch this one though.....it has CRASHED the whole year....was worth over $40. What a disaster!
ITCD.......unsure on entry....exit is $1.18-1.22
Posted by pizzaboy on :
quote:Originally posted by R1Man: SBEI........$1.30
PLB.........$3.61.....not sure if I would touch this one though.....it has CRASHED the whole year....was worth over $40. What a disaster!
ITCD.......unsure on entry....exit is $1.18-1.22
All three of these are indeed oversold...BUT... their volume are quite low and there is news about an imminent delisting on one of these...read the news below. So, if you are going to put your $ in these, I'd say get in and get out fast...just my 2 cents.
UBET-in * 3.62 , 1000 shares ,out * 4.17 , 1000 shares. Keepping the rest for the run-up later.
Posted by R1Man on :
IMGN.......3.99 now. Dropped pretty fast. Looking for a rebound to $4.50 monday or tuesday.
BIOM is becoming of interest...1.52
MCEL is getting interesting again....$1.42
Selling UBET at $4.30. Looking to buy back in low....the only scary thing is the meeting on the 31st. Scared I miss the boat if good news comes out of it.
CRIS.....looking great....still holding for $3.02.
QTWW......DAMN.......Found this one around $2.68....now look at it....$4.20....didn't get in on it either.
Posted by R1Man on :
IMGN........$4.06.....didn't buy in yet....hope it goes back down.
Posted by R1Man on :
$4.12.....IMGN......NO!!!!
Posted by R1Man on :
BIOM...........sorry for that post.....they are not worth touching period.
IMGN....closed at $4.18.
Cancelled my sell order on UBET....holding for long now.
CRIS.....still looking great. $3.02 will be close next week....not sure if it will make it there by wednesday....but it should be close.
RGR........$7.47 close.
Posted by abram on :
I'm glad you didn't sell the rest of your UBET R1man, now we're in the same boat , but it's a good boat . Posted by Persia on :
Any thoughts on MBAY?
Posted by R1Man on :
TSN......Tyson Foods. Dropped almost 9% today. Ridding it back up. $14.04 now. Jumped in with $7,500 at $14.07.
UBET is still looking GREAT!
MCEL......shot back up again....should of got some friday at $1.43.
NGRU......Hesitated and missed out on the entry of $0.34. Now its $0.44. People sold since they got their Divys.
RGR....still moving up.
QTWW.......*SCRATCHING MY HEAD* I knew I should of bought this at $2.68....what was I thinking??? Currently $4.53.
CMGI is still of interest. Would like to get in at $1.48.
INNO.......debating on the $0.77 bid......Should be good to $0.83-.85.......ok....bid now $0.79. Not touching now.
CRIS...hit $2.90 today...down at $2.81 now. Still looking good for low $3's.
Posted by R1Man on :
quote:Originally posted by Persia: Any thoughts on MBAY?
Its moving up now. Time to buy....but how low. I think its good for $1.20-1.25. Its your choice on entry. I would feel real good if I was in at $1.06. But I would settle for $1.07.....maybe $1.08.
Posted by R1Man on :
TSN.......$14.18........$14.19 now. Looking good!!! $14.20!
Posted by R1Man on :
TSN........$14.39. SWEET!!! It did hit $14.59 a little bit ago....but will be a GREAT DAY Tuesday!
Hey, I tried to buy MBAY and they said it was a restricted stock. Wonder what is going on with them.
Posted by Persia on :
Yeah, I know. But, is it a good thing or a bad thing?
Posted by R1Man on :
Bad thing.
GTE crashed. I jumped in at $2.68. Should be good for a quick ride to 3's!
Posted by Persia on :
Still restricted with you? I was able to buy some this AM at 1.05.
Posted by Gulo on :
TSN agood investment to ride out...as is all the chicken stocks...they all took big drop first of the month because of the flu... TSN PPC SAFM are all stating a recovery...in few months will be back to norm...with 30 to 40% gaine
Posted by R1Man on :
quote:Originally posted by Persia: Still restricted with you? I was able to buy some this AM at 1.05.
I'm using my 401k....Merrial Lynch. Not sure why but its restricted still.
Posted by R1Man on :
QTWW............$5.18.......damn!
Posted by Topcat on :
Time to play the following for 10-15% swings
GOOG Down this am GTE Maybe dogdy SIRI
Posted by R1Man on :
Yep......sold my GTE already for a $316.07 gain at $2.80. Will sit back now and watch.
CMGI..........BUY!!!!!!!!!!!!!!!!!!!!!!!!!! Its $1.46. Can't go wrong here!!!! Exit is $1.55. For a 6.2% gain.
Did anyone buy the TSN Tyson Foods stock??? Its $14.39 now.....up 2.2%. Looking for an exit around $15.50 later this month. I really would encourage to pick up some shares if you can get them under $14.22 a share. This is a great LONG position to put money back and forget about it for a year or 2.
MCEL hit $1.64 today. Its been good for nice rides from $1.37-1.43 - $1.50-1.60. Not a bad move on that. But need to be in that range or its a little risky.
QTWW crashed today. Can't believe how much it went up since I saw it at $2.68. WOW! If it continues to dip down....maybe to low-mid 3's....I'll jump in for LONG.
MBAY...........Persia........sorry about your luck.....I'm glad it was restricted for me, but I still don't understand why. It is a Nasdaq stock.....make me wonder.
Posted by R1Man on :
quote:Originally posted by Topcat: Time to play the following for 10-15% swings
GOOG Down this am GTE Maybe dogdy SIRI
Don't touch GOOGLE!!!!!!
SIRI.......I fully agree....good buy at $5.60.
Posted by Persia on :
MBAY. Ouch. Selloff, I dont' know why. I'm waiting till friday and then will cut the losses.
Posted by R1Man on :
CMGI.........$1.45 NOW.....$1.55 exit. Should take no more than 2 weeks to reach that.
CRIS......CRASHED....sold all for loss today. It had a nice gain as high as $2.90 but fell out before 3's.
NGRU.....this is not a swing trade....day trade. It opened at $0.30 and hit $0.38....not a bad gain....26.7%. But it seriously is bounced from $0.35-$0.38. A 8.6% bounce.
RGR......back at a good entry point again.
I'll do some new searches tonight. But the whole market went down today. Almost every stock that I watch went down. The Feds need to quit messing with interest rates.
Posted by Topcat on :
SIRI keeps going down...
Whats the bottom here ?
Posted by stockfever on :
Persia how do you like MBAY now?
Posted by R1Man on :
WOW..........what the hell happened with CMGI.......I jumped in with $7,500 at $1.45 the other day and another $7,900 at $1.39. Hopefully Monday will be a good day.
The Feds are the ones who screwed up all the stocks this past week by raising the interest rates. It should start to look brighter in the next few weeks.
All of my picks are Nasdaq, NYSE, AMEX stocks. OTCBB are hard to control and predict. As I'm sure most of you have found that out the hard way. Well, good luck to all. I'll run some more searches on monday.
As for SIRI.....who knows really. I'll look at the charts monday or tuesday. I really don't see the stock jumping up a whole lot anytimes soon. Possibly moving down a little more. It shouldn't touch the 4's. I'll have an answer by tuesday for you.
Posted by Gulo on :
i agree...market doing good pushing the 11000 mark...ecomonmy with no big change...sop for what reason do the feds raise intrest rate???
Posted by R1Man on :
NEST.....$3.90.......should move up today.
These 2 are questionable. MOVI.....$3.73 BBI......$4.00
Posted by R1Man on :
TSN..........$14.54
Posted by abram on :
UBET is trending upward. Posted by R1Man on :
I need to get back in this one, I sold at $3.37 a week ago. Jumped into CMGI. Now I sold my TSN and have $7,800 available plus another $7,800 trying to get back into CRIS at $2.34.
TSN went up today because of the MOTLEY FOOL article. They quoted that they were a great food stock and was one of thier picks.
GTE was nuts today....kicking myself in the butt for selling 2-1-06. Ohh well, you can't always be right....either way....still made $316.
My exit for CMGI is $1.55. Should be very possible by april.
Posted by R1Man on :
quote:Originally posted by R1Man: ITCD
Wow....it hit $1.50 the other day.
Posted by R1Man on :
CMGI....$1.36......picked up another 4,300 shares before it moved back up.
Posted by abram on :
UBET , $4.72 and rising.
Posted by R1Man on :
[ February 13, 2006, 13:10: Message edited by: R1Man ]
Posted by R1Man on :
quote:Originally posted by R1Man: Wow....You still holding? I sold mine a while ago....damn! $4.36
Posted by abram on :
Well, actually no , I sold even though I thought it would go up before the 16th. I'll probably get back in this summer. I sold at 4.44. I needed the cash to take advantage of QSII. They appear to have missed earnings but if you examine the report you'll see this as an excuse to take profit, drive the price down and be back in before Mar. 3. Shareholders of that date will be rewarded with a 2:1 split.Last year when they split 2:1 it was hardly a blip on the price. They don't have that many shares outstanding as it is. I think around 13 Mil. But, I had to get some before it starts moving back up. May get to $61 before it turns.
Posted by R1Man on :
Any of you have any thoughts on CMGI. I'm wondering why its in such a slum right now. It has closed at a new 52 week low several times now. A close at $1.30....WTH???? I have a $1.399 average with almost 17,000 shares. Running out of money now. If any of you have any thoughts please let me know....this stock is a sound company and everything looks great but this trend. Could we see $1.20-1.25 again like it was a few years ago????
Posted by ladybird on :
Hey RIMan! They won't release their 2nd quarterly until mid March. I think it will be very good news but it's not for another 4 weeks. There you have it. Unless some press release comes out before then which is always possible. I think if you sell on a loss though, you're going to be kicking yourself. Then again, what do I know?
By the way, what's the R1 for? Posted by R1Man on :
The R1 is the motorcycle I have....a 2004 Yamaha YZF-R1 1000. The above link is me at the track last year.
Posted by R1Man on :
quote:Originally posted by abram: Well, actually no , I sold even though I thought it would go up before the 16th. I'll probably get back in this summer. I sold at 4.44. I needed the cash to take advantage of QSII. They appear to have missed earnings but if you examine the report you'll see this as an excuse to take profit, drive the price down and be back in before Mar. 3. Shareholders of that date will be rewarded with a 2:1 split.Last year when they split 2:1 it was hardly a blip on the price. They don't have that many shares outstanding as it is. I think around 13 Mil. But, I had to get some before it starts moving back up. May get to $61 before it turns.
That is one hell of a stock tip ABRAM!!! I barely dropped the last time it had a split. They're paying a cash dividen.....and a stock split....don't see how you could go wrong here. GREAT PICK!! Keep up the good work!
Posted by R1Man on :
Ok....took ladybirds stock pick of UMC....dropped $7,780 in it at $3.00....exit is $3.25-3.30.
CMGI needs to come up now.....I'm becoming broke....j/k!
Posted by abram on :
I used to ride bikes. Used 8 of my 9 lives terrorizing bad guys. Now I just use my 4 wheeler. Nice pic R1Man.
Posted by Daveo on :
R1good job never let go!!!!! ZOOM ZOOM !!!
Posted by R1Man on :
They're a lot of fun....Its insanely fast in the 1/4 mile and top speed....I took it up to 197 mph with GPS to verify the speed....my speedo only goes up to 189 mph and its digital. They have Suzuki Hyabusa's going past 260 MPH....of course with heavy mods. I jump on it when I'm frustrated or just bored...it really helps clear your head and relax you....providing your not riding in heavy traffic. Well enough with the bikes.
UMC had awesome news come out:
I can't read the news but on www.cbsmarketwatch.com They have news out at 3:40pm stating: $ UMC's Profit More Than Doubles - [at The Wall Street Journal Online]
Taiwan chip foundry United Microelectronics (UMC:NYSE ADR - commentary - research - Cramer's Take) said fourth-quarter earnings rose 129% from a year ago to $94.1 million, boosted by strong pricing. Sales fell slightly to about $850 million but came in above estimates. Shares slipped 2 cents, or 0.7%, to close at $3.02.
Just that alone is awesome....after hours its at $3.09.
Posted by abram on :
UMC has alot of new money coming in, 3.10 is a good price for a swing. Should be a pop within a couple days.
Posted by R1Man on :
Sold already....I'm loading up on your stock pick.....QSII. I dropped over $10,000 in it already. They are paying basically 2.5% dividend if you buy today or friday and the 2-1....that is SWEET!!
QSII to be elgible for cash dividend you must buy no later than Friday 2-17-06 and hold it until 3-16-2006.
QSII to be elgible for the 2-1 split, you must own on or before 2-27-06 and hold it until 3-24-06.
Abram....the above dates are accurate must buy and hold dates. I missed my own pick NGRU buy date and missed out on the dividend. So I know now how it all works. Speaking of NGRU....I was going to buy some at $0.25 monday.....kicking myself now....$0.40 now.
Ladybird has picked some drug companies to watch...and I agree with them....not sure in entry points but I would be ok to buy 1,000 shares of each and sit back on them. Here is the list:
CMGI is moving up now....1.32 x 1.33....about time.
RGR is growing hot.
ARRS is peaking out....$13.19...up 39.70%. INNO jumped 25% yesterday....sold it and ran!!
Posted by abram on :
Personally I won't trade drug stocks(unless I can see a positive , without a doubt cashflow) but for me that NGRU looks really good to get and hold. After they paid that .85 distribution, it got smacked. Now the very ones that smacked it down accumalating. I too have quite a bit in QSII. Can't do too much as I only have so much. But out of the above , I'd buy a large chunk of NGRU and hold about a month or two.
Posted by abram on :
I think Feb. 24 is the date you must be in QSII for the cash dividend, payable Mar. 16th?
Posted by R1Man on :
This is the general rule about dividends and splits:
Trade Date + 3 days to meet the Record date.
This is because your broker turns in the registrations stating who own what. It normally takes 4 days for them to get the list.
I got burned on NGRU....The record date was the 1-17-06....ML said I had to own it on the 11th to meet the record date of 1-17-06. They also said I could sell it after the 17th and get the dividend....saying I had bought it on the 11th...which was a lie also. My father found that out the hard way. He bought it and meet all requirements and come the 1-27-06....his account showed a $0.85 a share gain then the 30th it was all taken away since he sold on the 18th. He lost about $100-200.
I normally hate playing these type of plays since you can't sell it until its worthless....sort of like NGRU....speaking of the subject....I can see it moving up but not yet. If it survives $0.39-0.44 for all next week, I will be suprised!
Posted by abram on :
Abram.....you needed to post this pick sooner....on this one, I think I would of taken out a personal loan to buy more.....maybe get my motorcycle and my equity loan paid off with the proseats. Ohhh well....I don't think it would fly with my wife even if I had the time to do it all. She would SCREAM!!!
UBET fell today after earnings came out. $4.68.
Posted by ladybird on :
Congrats on your CMGI, R1Man! $1.42 last time I looked.
Oh and don't be doing nothing to make your wife scream - like buying stocks on loans for pete's sake!
Posted by abram on :
QSII had a $4.00 rise today, R1Man, are celebrating already? CMGI has turned and is in the beginning of an uptrend. Congrats! Yeah, too bad about UBET. But it will turn around too. Good thing we got out huh? I'll be looking at it later though as I believe they will continue to grow their market.
Posted by SpongeBoB on :
Great pick CMGI, any exit point suggestions from you guys? BTW..anyone remember Florida Swing Trader from this forum. I use to be here when he was here. Just curious to what happen to him? Great Guy.
Posted by abram on :
Spongebob, you remember FST with 1 post. You've been lurking a long time. I believe FST had some health problems and immediately cut all ties with stressful, time consuming things. I hope he's enjoying life , I loved the common sense way he had about explaining how he traded. He was clear enough that, you knew he had no hidden agenda.
Posted by R1Man on :
CMGI.....I am considering dumping 1/2 at $1.50. This really has potential to run back to $1.60-1.70's. I have a bad habbit of taking all profits without leaving a little equity left over. (Sell only the shares equal to what I paid and keep the rest as equity). As for the dumping half, it really depends on how bad I want to swing trade....I'm not used to having all my money tied up like this even though I know its the right decision.
Welcome back SpongeBob....what was your old name....I have been here for a VERY LONG TIME. March of 2002. This is a new name since I forgot my old password and my email address has changed.
Posted by abram on :
Patience R1Man. All is well with CMGI.
Posted by R1Man on :
SIRI.........had a big drop in price.....should be good for a small run....$5.31 AH.....exit is $5.65. Reason for drop is negative earnings.
Posted by R1Man on :
SJM.....$38.28....should be good for a run to $40.00.
MSS.....has had nothing but earnings however it has low volume and has been stuck in a downward trend. $1.00.
PXT.....$3.95......dropped 67% friday. Should be good for a run back to $6.50-7.00.
VEXP.....$1.85......not sure what the exit would be as of yet.
Posted by SpongeBoB on :
My old name was Stalker..and I too forgot my old Password and login. My email address changed also so I could not even recover the old info. But still I didnt post a much then, but I tried to contribute when i could, as I will here. And yes FST was a stand up guy, I valued his knowledge greatly. I hope all is well. Nice to meet you two.
Posted by abram on :
Welcome back SpongeBoB. And Hello Ladybird.
Posted by SpongeBoB on :
Hey I have a question for you guys and LadyBird. What online broker do you guys use? I am currently just with Buyandhold, but I need another source? Any recommendations?
Posted by R1Man on :
I have ML where the bulk of my money is....(401k). But I use Ameritrade. However, www.choicetrade.com is definately the way to go....providing they offer service to your state. The other hot one is www.scottrade.com. Posted by abram on :
I have used Ameritrade in the past, but switched to Scottrade. More economical and keeps me from trading OTC stocks because of the extra costs. They have killer research. They're connected to several reseach sites like Reauters , hmmm, can't remember how that's spelled, anyway, .
Posted by SpongeBoB on :
I like the chart on BJCT. of course it is already starting its swing, but all indicators are just pointing up,.. Money flow, %R, slow Stoch crossed over friday. Just a short term swing.
Posted by ladybird on :
Hi Abram!
SpongeBob, I'm glad you changed your name from Stalker! lol!
I have Choicetrade and I'm happy with them. $5 a trade. The people are good about answering questions. They just put in an afterhours platform too: starts at 8am and goes to 8pm. They don't have any great research but I go to other places for that.
I have found that trends in pre-market trading can be very misleading - prices seem reasonable until the market opens and then they usually take a plunge. After hours trading is nice to have for the once in awhile ace in the hole - like when you own stock and great news comes out about it at 4:30. You can make good money with the first rush.
Posted by R1Man on :
PXT........hope it does what I said....I dropped $7,755.30 on it at $4.11. I missed my entry and sell target but I go back to work this week.
NGRU.....damn......I'm really kicking myself for not buying that one at $0.25. I knew I should of but hesitated.
Posted by ladybird on :
Check out ARDI, guys - potential.
Posted by R1Man on :
PXT.....LOOKING GOOD!!! $4.25.
ARDI....that one makes me nervous. I don't like the fact that its 1/2 way up from the dip level. Also the fact that its already towards its 52 week high.
UMC will become a play again. $3.12 now....if it dips to $3.00-3.05....I'm jumping in again.
GTE will be a play soon also. I'm debating on how low it will go before news comes out. Its $3.02 now....the exit is $3.30....but as for entry....unsure.
Posted by SpongeBoB on :
Check out the chart on PTMR...this one is a good hold..with a bright future. Im going in a few days..waiting for the down trend for an entry. Someone slap me ..if im nuts..
Posted by wallymac on :
You are missing the boat. Get on Ptsc for the short medium or long it is going going gone.
Posted by Who? on :
SpongeBob I assume you mean PMTR.If so,it is in an uptrend and does look somewhat overbought,so I'd wait until after the probable pullback is over to buy.
Posted by Who? on :
wallymac Although I don't trade in BB stocks, I have to admit that PTSC has done very well during the last month on good news and terrific volume. My immediate concern would be buying a stock right after its price increased 47% in one day.
Posted by abram on :
SpongeBob, Who? is right, probably waiting for the pullback is best bet, it's near the top of its cycle. ARDI looks like a pretty good stock Ladybird. I would wait for a pullback though myself if I were going to swing it. But it'll be a winner, that 23% YOY increase in rev. is serious. UMC is going kick into a serious uptrend pretty soon. They have a couple good news items of late. Stock buyback is usually a good thing , especially when it's almost a third of the OS. PMTR, Ditto what Who? said .
Posted by abram on :
I bring to the table for consideration: ZRAN In a temporary downtrend but has a serious uptrend coming.
Posted by R1Man on :
ZRAN....scary to me....I like to trade stocks that got beat down and stocks that are predictable....has patterns. It doesn't fit in any or them. I personally don't care that the stock is close to 52 week high.
PMTR.....I agree with "Who?". It looks overbought to me also.
PXT......I have to wake up earlier....first day back to work and didn't get up to play. Missed the $3.60 LOD. I was clueless to it when I bought in around 11:30am or I might of sat back. Either way, I'm not worried and happy with my decision.
This is a good EXAMPLE why you should WAKE UP when trading.
Posted by ladybird on :
Abram, Ardi's CFO Michael Martini bought 25,000 shares in the open market last week, bringing his shares up to 80,000. It's won a mess of awards and was ranked fourth on the Forbes MidasList for 2005, a ranking of the 25 fastest growing publicly traded technology companies in North America. To be eligible for the list, a company must have had at least a 10 percent sales gain in each of the last five years, $25 million in sales and a positive net income over the last 12 months.
R1Man! You race Ubet to hell and back and you're scared of Ardi?! LOL! Just kidding.
Anyway, this is a stock to hold for a little while. I bought 650 shares at $5. It closed yesterday at 5.08 and went up 2 cents more after hours.
By the way, I contemplated buying GNBT at 1.50 on Fri. Didn't. Yesterday it closed at 1.91.
And the beat goes on...
Posted by R1Man on :
PXT........$4.39.......up 6.8%.
Posted by R1Man on :
PXT...........4.42 x 4.43
Posted by SpongeBoB on :
Thanks for the slap! *S*..no it is good advice I will wait for the cycle. I like the long term of this stock, but certainly waiting this one out would be wise. Thanks for all of your inputs. Beer is on me!
Posted by R1Man on :
PXT.....bad new out curbed the stock. I still feel its going to move up so I'm dumping more $$$ in it while its cheap.
MCEL.......WOW!!! $1.80
UBET.......WOW!!! $5.10
NGRU.......WOW!!! $0.48
It looks like all the stocks I watch went up but the ones I own....WTH.
Posted by R1Man on :
NGRU.......$0.58 and going crazy. Damn Abram...why didn't we listen to you!!!!???????????
Posted by R1Man on :
$0.60......
Posted by R1Man on :
$0.63......$0.65......$0.62.......$0.65....$0.63
This stock is going nuts!!
Posted by R1Man on :
DCN........DANA Corp. has been battered today. Should be good for a bounce. $3.30.
Posted by R1Man on :
I dropped $5,560 in PXT at $4.05 and $8,340 in DCN at $3.33.
Posted by R1Man on :
quote:Originally posted by R1Man: I dropped $5,560 in PXT at $4.05 and $8,340 in DCN at $3.33.
Should of slept in!!!!!
PXT....$4.00 DCN....$2.90
Its just one of those days..... Posted by abram on :
Yeah, I noted that Ladybird, and that is another plus to ARDI! What really made me sit up was that they were doing business with RoadRunner to supply them with the business end of their high speed business cable capabilities. I have RoadRunner, haven't found any service to be faster! But what ARDI is offering to do to the business side of RoadRunner will blow away any possible competition they are so ahead of their time anyway.
Posted by abram on :
R1Man!!! Hold those shares of DCN. After looking hard at some news and earnings , Dana should definitely make you money. Going to be possible to make alot if you buy and sell on the volatility. Good Fortune to you.
Posted by abram on :
Just a heads up on SUF. Something big comes this way. Might be good to have some shares. A friend of mine says large contract maybe coming within 2 weeks. That will cause a serious rush.
Posted by R1Man on :
Nice find......looks capable of making some big runs.
Posted by R1Man on :
DCN.........going to file Chapter 11 or not......???? That has me very nervous!!!
Posted by abram on :
Not anytime soon. Haven't tried all their options and alot of what has been going on is rumor and panic. The ingredients of volatility and someone calmly making alot of money on it. If everyone could manage the panic mode , the shorts would help bring this stock back up. Simple reason is they can't make more at this point than they've already made. So now would be the time get in and put the pressure on for common sense to hit the shorters.
Posted by abram on :
The financing deal will make this skyrocket , (just my opinion). Shorts will be trying to buy this back, but it'll take about 4 or 5 days of buying. I'd be real scared about now if I was shorting.
Posted by ladybird on :
Check out BCON. It's at a low right now and should go up fairly soon. I got in at 1.50. I think any entry point between 1.50 - 1.55 is good.
Abram, are you referring to DCN or SUF in your post right above mine? I hope it is DCN so my poor R1Man will feel better.
Posted by abram on :
Ladybird, Yes , I was. Haven't checked out BCON yet. Will take a look.
Posted by abram on :
quote:Originally posted by abram: Just a heads up on SUF. Something big comes this way. Might be good to have some shares. A friend of mine says large contract maybe coming within 2 weeks. That will cause a serious rush.
The Good News hasn't happened yet, shares are trading down. I'm hoping to get some in the $5.-$6. range.
Posted by R1Man on :
F Ford Motor Company. This is looking good for an long term position now. Its around $7.57 a share. We may see $7.25 but anything lower would suprise me.
I hope QSII hold it ground when the 2-1 split comes. Crossing my fingers......
Posted by ladybird on :
BCON panned out for me this week. Went up to $1.92.
Take a look at TMTA - Doubled revenue in 2005, no debt, already services Sony and Microsoft, just took on Toshiba. Dropped .10 on Fri. I think it will take off next week. Even if it doesn't, it's a good enough company to hold for a little while.
Posted by R1Man on :
CMGI........wow.......they closed at $1.53 3-6-2006 and then get bad news last night and now its $1.39. Should be a good time to get in for a rebound.
Posted by R1Man on :
UMC.......getting low now.....almost time for another ride.
INNO......Might be a good chance for a quick buck.
Posted by ladybird on :
Yeah, I've been watching UMC.
I bought 2000 shares of TMTA this week at 1.57. Sold it at 1.80. That is a great little company - high performance. No debt. Revenue growth. Keep it on your radar.
I hope you got into AVNX yesterday at $2.00, R1Man. It's $2.20 now and it's gonna go higher.
If you can get in GNTA, it's still relatively cheap. Tomorrow they're presenting at Cowen Healthcare Conference. Tuesday they release their 4th quarter and year end financials. I don't think you'll see these prices again for awhile.
Posted by R1Man on :
I sold CMGI for $500 profit....Jumped into INNO at $0.75. My exit is $0.80-.85
Your GNTA scares me. I believe it will have earnings again but if they don't meet the street, your screwed.
Posted by R1Man on :
quote:Originally posted by R1Man: CMGI........wow.......they closed at $1.53 3-6-2006 and then get bad news last night and now its $1.39. Should be a good time to get in for a rebound.
Called this one right....$1.45 close with a high of $1.50 on 3-9-06. It did dip down to $1.31 since the initial post but either way...CASH MONEY!!
UMC...$3.10....looking good for an entry soon.
Posted by ladybird on :
AVNX upgraded this morning by Raymond James from market perform to strong buy. Hit 2.60 in premarket. As Cramer would say: SHOW ME THE MONEY!
Don't be afraid of GNTA. They couldn't webcast their presentation at the Cowen conference because their attorney advised them not to. The business deal (selling their shares to institutional buyers) still had to be finalized - should happen today.
UMC - I think the price got this low because people are a little jittery with the Asian market right now. Japan's trying to curb it's inflation. The price is good at present but you might be holding for awhile. Don't know for sure.
Posted by R1Man on :
quote:Originally posted by R1Man: UMC.......getting low now.....almost time for another ride.
INNO......Might be a good chance for a quick buck.
INNO......$0.91.....sold at $0.89 today!
I'm equity trading now....so I earned 1,273 FREE SHARES!! Did anyone else jump on this???
UMC went up today also but not like INNO. Posted by R1Man on :
CHTR.....$1.01 AH. It has lost ground the past few weeks. I'm looking to jumping in Tuesday or Wednesday.
ASIA......did anyone ever buy this....They looked great but after the first post I thought they might lose more ground. Its $4.62 now....WOW.
UBET.....Debating if they have run out of stream yet....Normally in April which isn't far away, they are usually at the anual highs. How much higher could we see....$6.50 would be my high end guess but I think $5.75-6.25 would be about right.
HAYZ.....might be getting close to bottom.....or maybe this is about to crash??? DANA and Hayes Lemmerz are both auto industry stocks....which we all know are doing TERRIBLE except DaimlerChrysler. Hayes Lemmerz filed chapter 11 a few years ago. They exited a 1-2 years ago. LEAR, DANA, DELPHI, TOWER AUTOMOTIVE, VISTEON, (can't remember who else) are all in the auto industry as suppliers and have all filed Chapter 11. Maybe I'm wrong on Visteon but I do believe they did file a while back. Its hard to predict HAYZ bacause of all these supplier going belly up. Take this pick with EXTREME CATION!! It does have HIGH RETURN.....especially if they post positive earnings.
FUEL.....take a look.
EGHT.....VERY EXPLOSIVE!!! Look at the charts....this stock should move down just a bit more than who knows what could happen??? I would load up 1,000 shares sometime soon. I'll post back when I'm dropping in my $1,500-2,000 worth.
CRIS......I believe we are getting very close to bottom. This is a real ROLLER COASTER stock. See what Monday brings but a short run to $2.50 is very likely.
Posted by ladybird on :
AVNX got pumped last night by Cramer. Sold my shares for $2.66.
Posted by R1Man on :
congrats
Posted by R1Man on :
CHTR.......missed out yesterday to get in below $0.90 but its still should move up to around $1.10 within the next week. That is a 11-12% gain.
Posted by R1Man on :
EGR......interesting. Conference call today after market close to talk about earnings. This one will either dip or jump. If it dips, get ready for a bounce play.
Posted by ladybird on :
CMGI just got awarded Best Service Provider by Inventec Corp. around 4:30 today. I'm in at $1.39.
Thanks for the congrats R1Man but if I had stayed in I would have doubled my money. AVNX is around $3.25 right now. I'm not complaining though.
Thanks for the tip on EGR. I'll keep my eye on it.
Posted by R1Man on :
Crap...I typed everything and hit "ESC" by accident and it erased everything I just typed.
INNO.......$0.75-.77 entry. Exit is $0.83-.85.
PLB.......will be crazy today....jumped big time in AH.
FNSR.......picked this 3 months ago....up 238% now....will I had held on to it. (this isn't a pick "DAD").
HIV......RISKY!!! I will drop $1,000 in it if I can get in at $0.18-.19. In the process of getting delisted but any good news could make it jump in the $0.30's.
OLGC.......I think this is a safe bet for a bounce. $2.63. I think we all can make $0.50-1.00 on the bounce.
UMC......$3.25 now. This baby has been pretty good at bouncing lately. It seems like every other week it drops to $3.10 range then the following weeks it hits $3.20 range.
CHTR.....I think this one might drop just a little more but should do ok. Entry $0.90-.95. Exit is $1.05-1.10.
Posted by ladybird on :
Hey R1, what do you think about Ford? The stock is below $8 right now. Is this a good buy in your estimation?
Posted by amanick on :
I been watching ford myself for a few weeks. I think we can still see it go down a bt not sure how much as they have a lot of problems right now.My entry would be at 7.00-7.15 a share but only for the divedend not a swing at this time.
Posted by R1Man on :
Amanick......("F" Ford Motor Company).....I would of agreed with your prediction 3 months ago but they seemed to have been holding their own for quite sokme time now. I believe its going back to $8.25 then it will drop back down to maybe $7.50....$7.25 will be the absolute lowest it could possibly go unless they have a disaster. Ford an GM are losing market share and DaimlerChrysler, Honda, Toyoda, Mercedes are picking up the losses. Ford has some risky designs coming out....the SUPER CHEIF.....(Sweet looking truck).....and they have a new car also....forgot the name. But they both look great. Now GM.......they seem to be stuck on old designs. As for DCX.....we have one nasty line-up that is giving the market HELL. This year we have the CHALLENGER (muscle car), dodge caliber (compact car), Ram 3500 commercial duty, a all new line up in europe that I believe will hit our market and they look HOT. The one car has a 1.6 liter engine kicking out 250 HP. Now that is SICK!!! Expect DCX to hit the $70 range this year.
EGHT........gained $0.20 since my post. EGR........jumping in at $0.90.
DAMN DANA.......WTH.....$1.92 now. I HATE U DANA!!!! LOL!
Posted by R1Man on :
Jumped in CHTR at $0.90. Its already back at $1.03. Sweet!!! Will be selling monday....anything over $0.95.
Bought $1,000 worth of HIV at $0.19......holding to see what happens.
Jumped in INNO at $0.77. Exit is $0.83-.85
Out of money for now, but I would be jumping in EGR also right now.
Posted by ladybird on :
Oh my gosh! What a snooze that CMGI is! Got out with a profit of $20. LOL!
Didn't get in CHTR. I was out this morning and it was too late when I got back. Congrats R1!
I'm eyeing BCON again. It's priced low and they have a mess of presentations coming up in April and May.
Posted by R1Man on :
quote:Originally posted by R1Man: Jumped in CHTR at $0.90. Its already back at $1.03. Sweet!!! Will be selling monday....anything over $0.95.
Bought $1,000 worth of HIV at $0.19......holding to see what happens.
Jumped in INNO at $0.77. Exit is $0.83-.85
Out of money for now, but I would be jumping in EGR also right now.
Must of had sleep in my eyes....I bought EGR....not CHTR. DAMN!!!
Posted by Ka-Ching on :
Wow...EGR definitely gonna have a nice bounce when it's ready. More than a couple indicators bottoming out...not that it's gonna pop any day soon, necessarily - may still need to consolidate at these lows a bit - but definitely one to watch daily for any signals.
Posted by ladybird on :
Bought BCON for 1.55 on Fri. It's gone as high as 1.78 premarket today. Don't know why. Something's cooking.
Posted by R1Man on :
CHTR......back at $1.10 like I had suspected.
Posted by hazeleyesluisa on :
Look what happened to (info) it went as high as $1.40 and low to $1.00, and now its at .53 cents. Its not always sweet. For those of you that were able to buy at .30 cents WOW fabulous run to the bank it was sweet.
Posted by brian1054 on :
Just Wondering when you buy a stock in a dip and then sell it at a high, again and again. Is that considered a WASH by the IRS? do you get penalized by the IRS for this?
Posted by ladybird on :
You can avoid wash sales by waiting 31 days before re-buying a stock. In other words, if you sold CHTR on Feb. 14, 2006, you would wait until March 14, 2006 before buying it again.
I believe the penalization by the IRS is that they take a higher percentage of taxes out of wash sales. Maybe someone else who is more knowledgeable on this could share some info.
When you make a wash sale, the disallowed loss gets added to the basis of the replacement stock. If you sell the replacement stock within the same year — and wait at least 31 days before buying that stock again — you wipe the slate clean. You can report all your gains and losses as if the wash sale rule didn't apply, because the only effect of the rule in this case is to move your loss from one transaction to another within the same year.
Example: During most of the year you actively trade XYZ. On December 15 you sell all your positions in XYZ and don't buy any more of this stock until January 15 (31 days later). Meanwhile you enjoy the holidays, and if you get the itch to trade, you dabble in ABC.
Of course you could run into the wash sale rule in your ABC trading, but this arrangement clears the books on any wash sales you have in XYZ. There are a few technicalities to note. First, if you owned XYZ before the start of the year, the wash sale rule could cause some losses that appear to be short-term losses to transform into long-term losses. This method of clearing your wash sales is 100% clean only if you were out of XYZ at both the beginning and the end of the year. Second, it isn't enough to simply stop trading XYZ for 31 days. You have to be out of XYZ for 31 days. If you stop trading while holding a position in this stock, there's no way to tell whether you'll be affected by the wash sale rule without doing an analysis of all your trades for the year.
Posted by R1Man on :
I got nailed for the WASH rule. I sold a stock for a HUGE loss at $0.035 then bought it back at $0.02 and made 67% more shares but it was listed as a WASH on my 1099. I thought I was being slick so I can claim those losses but instead it showed me making $927. I spent about an hour last night looking up the definition but came up empty.
Posted by R1Man on :
quote:Originally posted by R1Man: RGR.......$6.80 entry.....$9.50 exit
Looking good....$7.89
Posted by R1Man on :
Ladybird.....you see your GNBT that you told me about when it was around $2.00. I knew I should of bought my 1,000 shares like I said I would....rats!!!
Posted by ladybird on :
GNBT took a huge dump today, R1. Was close to $5 and went down to 3.25 or so. They have a cool product where insulin can be administered thourgh an inhaler instead of a needle but the CRAZY climb in price was mostly due to the bird flu hype.
Posted by stocks1984 on :
hey new to this broad, read posts dating back late january very nice info here on stocks. Ladybird i saw that huge dump take place yesterday on GNBT, unreal volume huh? I think it will go back up , Nvax is also a wonderful bird flu play, plus im liking NGRU a lot
Posted by R1Man on :
Don't mess with NGRU.....its too high right now.
EGR is at $0.97. Sweet!! Dumping at $1.00.
Posted by R1Man on :
HIV.......$0.22. Going to sit on my 5,000 shares to $0.25-.30.
Posted by stocks1984 on :
i disagree R1Man. NGRU should see .80 cents from this .57! well see
Posted by R1Man on :
quote:Originally posted by stocks1984: i disagree R1Man. NGRU should see .80 cents from this .57! well see
Don't get caught with your pants down and say I didn't warn you.
Anyways, decided to sell HIV at $0.22. Couldn't resist the 15.8% gain. Will jump back in another day.
EGR......getting close to breaking 1's. Will sell today. Need a new play.....already up 6.67% on this one.
APT.......might bounce.......not sure yet.
Posted by stocks1984 on :
hey check out EGEI i forgot to tell you yesterday,, this baby is going to fly!
Posted by stocks1984 on :
yes! be careful about getting in,, up huge in premarket!
Posted by stocks1984 on :
keep an eye on GNBT headed back to 5!
Posted by stocks1984 on :
R1MAN tell me the high of the day for NGRU? lol,, told you so! its all about the bollinger bands!
Posted by stocks1984 on :
oh and whos pants are caught down? lol.. fun and games man,, good luck
Posted by abram on :
quote:Originally posted by stocks1984: R1MAN tell me the high of the day for NGRU? lol,, told you so! its all about the bollinger bands!
Actually, it's the bollinger bands, couple others and the sec filings!
Posted by ladybird on :
Hey Stocks, does the 1984 attached to your name mean you've been trading since 1984?
Also, how do you read bollinger bands? I know some stuff about charts - rsi, volume, - not a whole lot.
Posted by stocks1984 on :
no just the year i was born. Kinda complicated to talk about over a message broad because ill type to much info on it. Ummm i can email you if you want,, PM me with your email address. Other person on the penny stock broads wanted me to email them as well about this. Look at GZFX big news! i been waiting for! huge on Monday and all next week!
Posted by R1Man on :
quote:Originally posted by stocks1984: oh and whos pants are caught down? lol.. fun and games man,, good luck
I can Day Trade and swing trade. My day trading account has taken a hit and I haven't transfered my other $20,000 to the IRA yet, and my 401k can't buy and sell in the same day. I like to take the easy risks....like a stock drops out of the blue....I jump in and we all know its OVERSOLD so that is usually how I make my profits. As for stock HYPE....not really into that.....been burned 2 many times.
What got you into the stock market?
I got excited because of two reasons: 1) Wife inherited $29,000+ and had friend of family invest her money (big mistake). 2) My buddy told me about a guy in economics class that made over $10,000 while they were surposed to be mock-trading. This guy made BS posts, spammed boards, pumped stocks, and made $$$. He got busted with the college for all the BS that he was doing.
Anyways,
Did anyone get their SHARES on QSII????
I can't check....system is down.
Posted by abram on :
Nope, not yet, I'll post how that turned out R1Man. XWG is a swing that may double this year(if not triple.) Good Fortune to All .
Posted by amanick on :
Think I may load up on some doll just to see how it plays out. the float i believe is like 3 mil.not much action though now so im hoping to shake it a bit.
Posted by R1Man on :
I'M BACK!!!!!!
I have my shares and gained about $10,000. Thats awesome!!! Well, first is first......how much to sell, what price and when?????
I already saw your DOLL post on the other stock board....Its a dead beat stock in my view. I mean it could move up but your gonna have a very hard time trying to buy and sell that stock. Now you can munipulate the market like I did with GAXY and get the volume restored and people interested in it. I did it with my 91,576 shares I had by selling 50,000 shares at $0.013 then dropping another 21,576 another day at $0.013. Then I took the proseats and placed a buy order while creating an ask order of 20,000 shares and I keep my bid and ask very close throughout the day until the guy selling the shares lowered his ask to beat my ask....then I lowered my bid again and lowered my ask again. Again, others followed suit. Now the problem is....I got side tracked and tried buying PCCE and could of got in at $0.008. The closing price friday was $0.015....a gain of 87.5%. Ohh well. But my point here is you can munipulate a stock if your on both sides of the fence.....
So, did you get all your shares abram???? Nice pick by the way....I believe monday will be a lot of selling. I know I plan on selling sometime soon.
I have been keeping track of stocks that split....I'll let you all know how it all works out....I want to see if buying stocks that split is worth the risk. I did notice a pattern with stocks that are about to split....they go up in price before the record date.....even after the news has been released about the split for a while.
Posted by stocks1984 on :
fellows, are you going to attempt to buy in on Gzfx for monday? There will be a lot buying power out of the gate at 9:30 am. This stock could easily see .05 by weeks end. Current PPS is .0085! Calculate the percentage, oh yeah! I've been holding before the PR came out. Thinking about buying more on Monday.
As for GNBT, man i spoke to soon. The stock took a nose dive on friday in the after hours. NVAX will be the next big play for Avian Flu, trust me on this. Look for this to head from 7.51 to 8.50 next week.
QSII, man what a stock, too expensive for me in my opinion. RIMAN do you look more into big caps then small cap companies?
I wish this broad would get more posts considering the awesome input everyone puts into this. Im usually on the penny stock message broads. Very risky compared to the stocks posted on here. Hope to hear new picks from you guys, ill try to post what my opinion picks later
Posted by R1Man on :
QSII was Abram's pick. It paid me a $1.75 divy plus just split. Now if the stock price stablizes out monday will be the test....right now....up $10,000 in this pick. Thanks abram.
I really don't mess with stocks over $30.00. Big/small cap stocks really don't matter to me....you have small cap stocks that move easy and then you have the big cap stocks that barely move like CMGI, JDSU, LU. Now CMGI is easy to predict usually....as for the other 2....they are hard. People on here do reply to picks....I know I certainly do. However I am back to work full time and working lots of OT. 50-60 hours a week in 5 days. My view on that is....work more...raise your % taken out.....put more into 401k. Why give UNCLE SAM your hard earned money....I can gross $1,700 a week and only take home $1,200. Or I can drop money in 401k and still take home $1,100....while dropping $200 or so in 401k. When you have this opportunity....take advantage of it.
Go read my PM I sent you Stocks1984.
Posted by R1Man on :
quote:Originally posted by R1Man: CHTR.....$1.01 AH. It has lost ground the past few weeks. I'm looking to jumping in Tuesday or Wednesday.
ASIA......did anyone ever buy this....They looked great but after the first post I thought they might lose more ground. Its $4.62 now....WOW.
UBET.....Debating if they have run out of stream yet....Normally in April which isn't far away, they are usually at the anual highs. How much higher could we see....$6.50 would be my high end guess but I think $5.75-6.25 would be about right.
HAYZ.....might be getting close to bottom.....or maybe this is about to crash??? DANA and Hayes Lemmerz are both auto industry stocks....which we all know are doing TERRIBLE except DaimlerChrysler. Hayes Lemmerz filed chapter 11 a few years ago. They exited a 1-2 years ago. LEAR, DANA, DELPHI, TOWER AUTOMOTIVE, VISTEON, (can't remember who else) are all in the auto industry as suppliers and have all filed Chapter 11. Maybe I'm wrong on Visteon but I do believe they did file a while back. Its hard to predict HAYZ bacause of all these supplier going belly up. Take this pick with EXTREME CATION!! It does have HIGH RETURN.....especially if they post positive earnings.
FUEL.....take a look.
EGHT.....VERY EXPLOSIVE!!! Look at the charts....this stock should move down just a bit more than who knows what could happen??? I would load up 1,000 shares sometime soon. I'll post back when I'm dropping in my $1,500-2,000 worth.
CRIS......I believe we are getting very close to bottom. This is a real ROLLER COASTER stock. See what Monday brings but a short run to $2.50 is very likely.
Fuel was $2.55 when posted....now its $2.79 a gain of 9.4%.
Hayz was at $2.25 when posted.....now at $2.46 a gain of 9.3%.
ASIA is now $5.00
UBET is now $5.28
EGHT is now $1.77 a gain of 10.6%
Posted by ladybird on :
I think TMTA is getting ready to pop, boys.
Posted by abram on :
Yes R1Man, I got all of my shares. Not selling any of them for at least 3 to 6 months. And then might not sell them then. QSII is just too good to let go of , maybe in a year.
Posted by R1Man on :
They dropped the stock price in half....same with the charts.
Posted by abram on :
But they doubled ALL my shares. I only need wait on the nature of the swing.
Posted by stocks1984 on :
quote:Originally posted by stocks1984: fellows, are you going to attempt to buy in on Gzfx for monday? There will be a lot buying power out of the gate at 9:30 am. This stock could easily see .05 by weeks end. Current PPS is .0085! Calculate the percentage, oh yeah! I've been holding before the PR came out. Thinking about buying more on Monday.
As for GNBT, man i spoke to soon. The stock took a nose dive on friday in the after hours. NVAX will be the next big play for Avian Flu, trust me on this. Look for this to head from 7.51 to 8.50 next week.
QSII, man what a stock, too expensive for me in my opinion. RIMAN do you look more into big caps then small cap companies?
I wish this broad would get more posts considering the awesome input everyone puts into this. Im usually on the penny stock message broads. Very risky compared to the stocks posted on here. Hope to hear new picks from you guys, ill try to post what my opinion picks later
What did i tell you guys NVAX is going to be huge!
Posted by stocks1984 on :
Keep an eye on XSNX
Posted by stocks1984 on :
watch NVAX like i said $8.50!
Posted by lt500r on :
NVAX.The new board and management has been executing their buisness plan flawlessly.I think it will be double+ by the end of the year.Buy and hold,I think the float will start drying up.
Posted by stocks1984 on :
also keep an eye for GNBT, should bounce from 2.80 or 2.90 levels before heading upward
Posted by ladybird on :
ZIXI is at real low -under $1.40. They market products that enhance security and privacy over the internet - email encryption, e-prescribing, online viewing of medical test results, etc. They have quite a number of trade shows coming up this month and next. First one is at the Hospital Association Conference in California April 6-8. I think this will be up at least .20 by the end of the week. But I thing it's a good one to hold for a few weeks.
Posted by R1Man on :
quote:Originally posted by R1Man: PLB.........$3.61.....not sure if I would touch this one though.....it has CRASHED the whole year....was worth over $40. What a disaster!
PLB: Picked at $3.61, this one is up over 50%.
MPE: Pointed this one out when it was $1.05 a share.....now its at $1.47 or 40%.
CBEY: Picked at $9.74, this one is up 79% at $17.40.
CDIC: Picked at $1.18, this one is up 54% at $1.80.
EGR: Picked at $0.90, up 26% at $1.13.
FJC: Picked at $1.34 and it went all the way down to $0.81 but now back at $1.64....up 22.4% from pick entry.
INTN: Picked at $3.92, current is $8.20, up 109%.
VLNC: Picked at $1.60, up 49% at $2.39.
I really have been very busy with work so I haven't had time to find new stock picks. If anyone is interested as to how I find my picks, just PM me and post your results.
Posted by Mysticobra96 on :
Anyone think its almost time to pick XSNX up again? I'm thinking around 1.70
Posted by abram on :
Not until they've made a real contract to make real money. JMO
Posted by ladybird on :
Well, I bought ZIXI on Monday. The MM's brought it down Monday and Tuesday but news came out this morning. Zix Corp. announces $11.8 million private placement. The price has risen 7% so far this morning. If they get on a roll with PR from their upcoming conferences, this thing might really take off. Keep an eye on it.
"We believe this investment, combined with continued growth in our cash-generating email encryption business and anticipated expansion of our base of active e-prescribing users, will provide the company with sufficient operating capital to achieve cash flow breakeven," stated Rick Spurr, chief executive officer for ZixCorp. "As part of the capital raise, our goal was to add strong, respected institutional investors to our shareholder base. We accomplished this objective with a significant percentage of the placement going to H&Q Life Sciences Investors, a recognized leader in healthcare investments, which led the financing round with an approximate $3 million investment, and other respected institutional investors."
Posted by Mysticobra96 on :
Well, it looks as though I was right on XSNX! There is still time though Posted by R1Man on :
I nailed INNO again. Got in the past few weeks with an average of $0.737 and sold today at $0.877....a gain of $1,528.37. Sometimes if you get to understand a charts pattern, you can hit stocks up like this one multiple times. Now, should I of held longer....I think not. Money in the bank is worth more than money on paper.
Now, I dropped the whole $9,500+ in F Ford Motor Company at $7.57. This will be back in the 8's soon so its a good time for everyones entry right now. My exit target is $8.25. That will be a gain of 9% or $862.
GTE is getting my attention again also with the price dipping very low now....keep an eye on that one. If it gets below $2.00, I'm planning on jumping in BIG!!
Posted by R1Man on :
DAMN.......$1.04....wow! INNO
Posted by Mysticobra96 on :
Here are my picks: Keep in mind these are all about 2-5 days out.
BANY (2-3 days) or .0129 sell at .0179 FLIP (2-3 days) MDCV (2 days) PCLI (3 days) or .14 sell at .17 PCHM (3 days) or 1.2 sell at 1.4 TOPLF (2-3 days) or .24 sell at .30 URNZ (5 days) <= 2.00
Keep in mind that is only if they continue their trends. If they breakout sooner forget those dates. Right now I'm in XSNX and I should have sold today at 2.25+ but o well I think they are 3-4 days away from a HUGE breakout run!
Posted by R1Man on :
Cablevision declares special cash dividend of $10/share
SAN FRANCISCO (MarketWatch) -- Cablevision Systems Corp. (CVC : Cablevision Systems Corporation News , chart, profile, more Last: 27.25+0.25+0.93%
4:01pm 04/07/2006
27.25, +0.25, +0.9%) on Friday evening declared a special cash dividend of $10 a share for its NY Group Class A and NY Group Class B stock. The dividend is payable April 24 to shareholders of record as of April 18. The Bethpage, N.Y.-based media and telecommunications company said the dividend will be paid from the proceeds of a $3 billion distribution from its subsidiary, CSC Holdings Inc.
I have to look into this a little more for the exact details, but this might be the tip of the month.
Posted by R1Man on :
SMAN........$0.65 low volume but its interesting because of all the insider buying the past 6 months. I wouldn't recommend buying this but it could have potential. Just don't try and dump more than $3,000 in it or you might have a tough time selling (low volume).
SLS........$0.90. Volume looks good, market cap is good, insiders looks good. Might have a winner here. Entry is between $0.85-.88......exit is $1.00-1.05.
IPIX........$1.21....undecided on entry as of yet....but exit is $0.10-0.15 higher than entry. We might see this one drop down to $1.10 range this week.
CURN......not crazy about it for swing trading but for a quick DAY TRADE, its a winner.
FLWS.......$6.99 close....$7.81 AH......will be nuts on monday for this one. Cramer listed this as undervalued, and said its a STEAL right now. I'm not really into buying stocks that are peaking but the company looks great.
CRYP.......$26.16 close.....$27.85 AH. Another of Cramer's picks and looks great. (This isn't a swing stock).
OLAB.........$5.75 close.....$6.13 AH.......this stock is CRAZY. Look at the spike friday......OMG......jumped from $2.00 to $7.00. Hmmmm......the news doesn't seem like it would indicate time to buy??? Not sure why its so high all the sudden.
JCTCF........$18.24 close.....$15.00 AH. This stock will be crazy monday also. Not sure what it will do buy to have profits increase 300%, now that is saying something. (Note: Gold is expensive now....does this have anything to do with this?).
Well, its late and I haven't done a stock screen for a few months, so this was long overdue.
Enjoy!
Posted by R1Man on :
OLAB.........$8.68.....up 50.96%
CRYP.........$28.0.....up 7.03%
CURN.........$0.27.....up 8%
FLWS.........$7.61.....up 8.87%
Posted by R1Man on :
quote:Originally posted by R1Man: [QUOTE]Originally posted by R1Man: [qb]
FUEL.....take a look.
FUEL.........$4.35.
Posted by R1Man on :
quote:Originally posted by R1Man: SMAN........$0.65 low volume but its interesting because of all the insider buying the past 6 months. I wouldn't recommend buying this but it could have potential. Just don't try and dump more than $3,000 in it or you might have a tough time selling (low volume).
SLS........$0.90. Volume looks good, market cap is good, insiders looks good. Might have a winner here. Entry is between $0.85-.88......exit is $1.00-1.05.
IPIX........$1.21....undecided on entry as of yet....but exit is $0.10-0.15 higher than entry. We might see this one drop down to $1.10 range this week.
CURN......not crazy about it for swing trading but for a quick DAY TRADE, its a winner.
FLWS.......$6.99 close....$7.81 AH......will be nuts on monday for this one. Cramer listed this as undervalued, and said its a STEAL right now. I'm not really into buying stocks that are peaking but the company looks great.
CRYP.......$26.16 close.....$27.85 AH. Another of Cramer's picks and looks great. (This isn't a swing stock).
OLAB.........$5.75 close.....$6.13 AH.......this stock is CRAZY. Look at the spike friday......OMG......jumped from $2.00 to $7.00. Hmmmm......the news doesn't seem like it would indicate time to buy??? Not sure why its so high all the sudden.
JCTCF........$18.24 close.....$15.00 AH. This stock will be crazy monday also. Not sure what it will do buy to have profits increase 300%, now that is saying something. (Note: Gold is expensive now....does this have anything to do with this?).
Well, its late and I haven't done a stock screen for a few months, so this was long overdue.
Enjoy!
SMAN........$0.70
SLS.........$0.78
IPIX........$1.63
FLWS........$7.67
CRYP........$27.30
OLAB........$6.66
Posted by jcluvsu2 on :
hey r1man on that cvc dividend is that a stock split or just 10 points? that's more than 36% is that right? thanks for hanging in there
Posted by R1Man on :
Its too late to get in now......you have missed the record date. They are paying a CASH DIVIDEND of $10.00 per share. That is about 37% gain. Now when stocks pay divy's like this (NGRU)......the stock usually takes a beating afterwards.....however, this stock may be different, because it really hasn't gained too much per share like NGRU did. It only gained a little. But I would bet that the stock will drop down to $18-20 per share when the divy is paid.
Posted by R1Man on :
EGR.....WHY DID I SELL????...LOL. $1.35 now
INNO....AGAIN, WHY DID I SELL???? $1.25 now.
Sometimes you just take your profits and try to forget about the what ifs'.......I was in INNO at $0.73 average and EGR with an average of $0.80......10,500 shares of each....Arrrr!!!!!
Posted by R1Man on :
Keep an eye on FUEL
Posted by jcluvsu2 on :
hey r1man didn't it say shareholders as of the 18 of apr which is tomarrow will be payed out on the 24 of apr or did i get that wrong too thanks for your response
Posted by jcluvsu2 on :
picked up 600 last wed at 27 already up a buck ten more would make my apr good luck to you
Posted by R1Man on :
yes but you have a RECORD DATE.....Record date normally takes:
Trade date + 3 days
What this means is, you can't be on record if you didn't buy it 4 days before the record. Lets say the record date was this friday. If we work it backwards...friday = day 3, thursday = day 2, wednesday = day 1, tuesday is the MUST BUY DATE!!
Don't get caught up with your pants down.
Posted by R1Man on :
quote:Originally posted by jcluvsu2: picked up 600 last wed at 27 already up a buck ten more would make my apr good luck to you
Your all set then.......you have met the record date....just don't buy anymore.....also you can consider taking your profits before the ex-divys date and avoid the sudden stock drop...which may or may not happen.
Posted by Topcat on :
R1, what you think of HIV at the moment ?
Posted by R1Man on :
Been looking at getting back in that one. I'm sitting back for an entry of $0.18....exit is $0.20. Its hard to buy at $0.19 and sell at $0.20 at the moment.
If you want a good stock to play today, I would say EENT. This stock has taken a beating lately. Its an OTCBB but you should be able to get in at $0.03 and out at $0.04 this week. Earlier this week I plugged CCGI at $0.0004 and sold at $0.0006. Its a dangerous stock but they took a 40%+ hit and I knew it would bounce. That stock actually hit $0.0009....now I could of made 125% but 50% is good enough. EGR is still moving up each day....really kicking myself now for selling.
Posted by R1Man on :
EENT....low of $0.031....last sale $0.04....so I was CLOSE....lol.
KFT....KRAFT. $29.53 close....they posted profits rose 41%. I think an exit would be $32.00. I'm not sure if it will get that high since its has been hovering around $29-31. But a 41% increase, why not take the risk.....looking for 8% gain.
----------------------------------
Example: ET....E-TRADE.....this is the perfect case of holding a stock.....go look at the 1 year chart.....WOW!! (Don't touch!!).
------------------------------------------
CHTR........Take a look. $1.03 close.....exit is $1.10-1.15.
EGR.......still moving up........?????
Watch TWRAQ.....Tower Automotive. This is a flip, short swing. Entry is $0.07....exit is $0.09-0.10......remember, this is not a long position PERIOD!!! This could fall apart at any time.
Posted by R1Man on :
CHTR.......$1.11 close
EENT....$0.045 close
KFT.....$30.43 close
Posted by Bill2Drunk on :
Got my name back........SWEET!!!! (R1 Man)
Posted by R1Man on :
quote:Originally posted by Bill2Drunk: Got my name back........SWEET!!!! (R1 Man)
Its me.....might go back to that name or maybe close this one and switch the old name to this one.
Posted by Bill2Drunk on :
HIV shot up today....$0.24. Didn't get in...was really looking for $0.18 entry....ohh well.
F FORD took a hit today again....$6.98. Good entry point.
EGR.....gained again.
MCEL....Up a lot. $1.94 if I remember correctly.
QSII....been moving upward the last few weeks.
Posted by abram on :
Is that B W?
Posted by 55great on :
ency...took a hard hit early last week with a FDA poor report. A solid company...soon as they correct their setback this 4.40 cent stock will rebound back to the original 9.00 share price range...or on a worst case senario creep up to about 6.00 for an easy 30% take.
Posted by Bill2Drunk on :
quote:Originally posted by R1Man: TZOO
OMG.......HUGE JUMP.....$18-----> $50.95 in just 5 days.
Posted by ladybird on :
CNXT - currently at $3.75 as of 8:30 am. Earnings come out Thurs. Just upped to OUTPERFORM this morning. Link:
Bought F last week and got out just in time. Sold for .10 profit. Made $34 but at least I didn't lose. LOL
Posted by Bill2Drunk on :
MSFT......$24.15...down 11%+.....I think this will bounce back up to $26-27 range in the next few weeks.
GTE.......$1.46 AH. Definate BUY!!! Exit $1.70-2.00. We saw a panic sell and just because they have a lawsuit, that doesn't mean that they will have to pay any money anytime soon for damages if found guilty.
Posted by Bill2Drunk on :
AZR.....$47.50. Watch for a bump to $49.50-51.00. They was offered $50.00 per share buyout.
Posted by Bill2Drunk on :
HAYZ.......$3.30.....think its getting safer now....should see $4.00-$5.00 soon.
Posted by Bill2Drunk on :
SIRI.....$4.68......Should see $6.00 this summer.
Posted by abram on :
quote:Originally posted by abram: Just a heads up on SUF. Something big comes this way. Might be good to have some shares. A friend of mine says large contract maybe coming within 2 weeks. That will cause a serious rush.
And still a good trade.
Posted by abram on :
quote:Originally posted by R1Man:
quote:Originally posted by abram: Well, actually no , I sold even though I thought it would go up before the 16th. I'll probably get back in this summer. I sold at 4.44. I needed the cash to take advantage of QSII. They appear to have missed earnings but if you examine the report you'll see this as an excuse to take profit, drive the price down and be back in before Mar. 3. Shareholders of that date will be rewarded with a 2:1 split.Last year when they split 2:1 it was hardly a blip on the price. They don't have that many shares outstanding as it is. I think around 13 Mil. But, I had to get some before it starts moving back up. May get to $61 before it turns.
That is one hell of a stock tip ABRAM!!! I barely dropped the last time it had a split. They're paying a cash dividen.....and a stock split....don't see how you could go wrong here. GREAT PICK!! Keep up the good work!
And now it's moving up!!!
Posted by abram on :
quote:Originally posted by R1Man: SMAN........$0.65 low volume but its interesting because of all the insider buying the past 6 months. I wouldn't recommend buying this but it could have potential. Just don't try and dump more than $3,000 in it or you might have a tough time selling (low volume).
SLS........$0.90. Volume looks good, market cap is good, insiders looks good. Might have a winner here. Entry is between $0.85-.88......exit is $1.00-1.05.
IPIX........$1.21....undecided on entry as of yet....but exit is $0.10-0.15 higher than entry. We might see this one drop down to $1.10 range this week.
CURN......not crazy about it for swing trading but for a quick DAY TRADE, its a winner.
FLWS.......$6.99 close....$7.81 AH......will be nuts on monday for this one. Cramer listed this as undervalued, and said its a STEAL right now. I'm not really into buying stocks that are peaking but the company looks great.
CRYP.......$26.16 close.....$27.85 AH. Another of Cramer's picks and looks great. (This isn't a swing stock).
OLAB.........$5.75 close.....$6.13 AH.......this stock is CRAZY. Look at the spike friday......OMG......jumped from $2.00 to $7.00. Hmmmm......the news doesn't seem like it would indicate time to buy??? Not sure why its so high all the sudden.
JCTCF........$18.24 close.....$15.00 AH. This stock will be crazy monday also. Not sure what it will do buy to have profits increase 300%, now that is saying something. (Note: Gold is expensive now....does this have anything to do with this?).
Well, its late and I haven't done a stock screen for a few months, so this was long overdue.
Enjoy!
SMAN at $1.08 , who knew?
Posted by Bill2Drunk on :
CMGI.........$1.34.
Posted by Bill2Drunk on :
EGI.......$1.43
Posted by Bill2Drunk on :
EGI dipped down even lower........$1.35
The reason for the DIPS are because of the Mongolian Government making the 68% tax on metals mined there. If they get that tax % to a reasonable level, I would expect this to shot back up to $2-2.50 range. I do believe it will move back up to the $1.60 range within the next 2 weeks or so.
Posted by Rex on :
CRESY, strong stock, look for it to bounce of 50 day MA of 13.59
Posted by Rex on :
200 day MA, not 50
Posted by Bill2Drunk on :
quote:Originally posted by Bill2Drunk: EGI.......$1.43
Ouch!!! Never sold it.
Anyways, I have been very busy and made a few small plays. Been working 12 hours a day and 1st baby due in just 7 weeks. Lots to prepare for. I will be very heavy in picks in July (5 weeks of downtime (DaimlerChrysler, Warren Truck Plant)). Get ready!!!
GTE.......really debating in this one. I got in a long time ago at $1.15 and sold at $1.40. Now its at $1.11. Any thoughts?????
BSML......What a week.......or should I say year. Huge 1 year range. Those who bought in in December for less than $0.27 and sold at $3.50 range made a KILLING......12-1. Wish I was one of them.
CMGI.......What the hell is going on here??? I'm at a loss right now ($1.34 entry). Debating on selling my Ford (F) stock to buy more at $1.02-1.03. Any thoughts???
APT.......getting close to time for a sudden jump.
SIRI......I still see this moving back up.
DCX.......We have one hell of a line-up of vehicles. Lots of HOT vehicles will be released this year. They are talking about putting the HEMI in the Dakota. I don't see this stock moving down in the near future.....just paying out Divys and moving up. Chrysler will play the Ford/GM BS game of we losing money........lets take from the hourly in healthcare soon which will spark a NASTY fight since DCX hasn't lost money for more than 13 quarters unlike Ford/GM.
Posted by R1Man on :
I'M BACK!!!!! 5 weeks to deal out picks. Last time I had 5 weeks off, I made over $13,000. Starting next week, I will be posting new picks and updating old ones. I have already emailed a few people some damn good picks......so far I'm 100% accurate. But again, I work for Chrysler and I work 8-12 hours a day and haven't had time for this until now. I'm going to make a seperate trend on what I buy/volume/price/sell so all can see. My goal is to make $9,000 in these 5 weeks.....lets see how good I really am.
Posted by ladybird on :
Welcome back R1Man. I was afraid Bill2drunk had you hog-tied in his basement.
Posted by R1 Man on :
Ok....I'm back finally. The wife has had my busy as hell (Baby due August 8th).
I hope all of you caught eye of GTE this morning and got in at the $0.60's and sold at $0.75 or higher. I actually caught eye and dropped $5,000 in at $0.75 and $0.79. I'm looking at dipping out at $0.85 by mid next week.
FUEL has been an exciting stock lately. With the WAR's going on in the world and everyone nervous......its just a mess right now.
Posted by R1 Man on :
UBET.....is getting pretty cheap lately....$3.47.
Posted by R1 Man on :
Ubet........$3.68....up 6.05%.
CMGI is moving up from its slup....$1.08
GAXY.....huge volume....for some reason this has taken off big time. Was around $0.0035-0.0004. Now its at $0.01. Don't buy....just watch. Its a pink....I usually never post pinks.
CRIS....very cheap. Opened at $0.98....$1.02 now. Exit is $1.20.
INNO....$0.51.....looking at the chart, this baby should fly very soon. Exit is $0.75. Its on NASD. notice but has until 12-27-2006 to be valued at $1.00 or higher.
EGHT....$0.84....watch this to hit $1.00 again.
FNSR....pointed this one out a long time ago when it was around $1.20 or so....now its at $3.73...311% gain. I feel its going to keep moving up to the $4.10 range. I usually never buy stocks that are on the way up...because you can never see over the hill since your always looking up.
I will eventually get back into the swing of things with the new picks and input. As some might already know....I just had my first baby August 8th....a Healthy boy. That is why I haven't been active....wife has kept me very busy the last 9 months. As things settle...I will become more active.
Good luck all.
Posted by R1 Man on :
HIV.....$0.12 close....$0.20 after hours. This might become a day traders dream friday. Lots of VOLUME today also...so something is up.
Posted by skip on :
Just noticed this thread, I will be watching...
Posted by Mysticobra96 on :
Keep an eye on:
MLS...entry point < $13.98...exit $15.18 could hang onto it longer if it holds above that but 15.18 should be pretty strong resistance right now.
GSX...entry point < $2.30...exit $3.35
Posted by Mysticobra96 on :
Sorry I took awhile to post my picks. I hope some ppl were still able to take advantage of them as they are both up pretty good.
Posted by skip on :
both great calls! nice!
Posted by R1 Man on :
EGHT........$0.92 close...$0.94 AH....almost at my target exit.
GAXY......up another 41%....wow.
HIV......Opened at $0.16....closed at $0.12. Was a day traders pick...had some good hills.
Posted by R1 Man on :
Keep an eye on DROOY. (Gold stock)
Posted by R1 Man on :
quote:Originally posted by Mysticobra96: Keep an eye on:
MLS...entry point < $13.98...exit $15.18 could hang onto it longer if it holds above that but 15.18 should be pretty strong resistance right now.
GSX...entry point < $2.30...exit $3.35
SWEET!!! Keep up the good work.
How do you like step by step for find PICKS for Swings?
Posted by Mysticobra96 on :
The step by step was great. I just hope I'm able to pick ones that run that well everytime Yeah I wish! I didn't get to run the screener before the market closed cuz I was up til 5am playing stupid poker! I don't really like holding over the weekend anyways though. I'm definetly going to run the screener on monday and see what I come up with. Thanks again R1 Man and I hope some ppl made some money off my first two picks!
Posted by Mysticobra96 on :
My pick for tomorrow is OTIV. Exit I have around $7.90 which should be good for a 10% gain from where its at. Tomorrow I will be watching SIR, CPWM, and AIRT to see if they seem to hit there bottom. I believe all three are getting close. GLTA!
Posted by R1 Man on :
quote:Originally posted by R1 Man: UBET.....is getting pretty cheap lately....$3.47.
UBET....$3.89.....up 12% in just 6 days.
EGHT....$0.94.....up 12% in just 4 days.
Well, I'm back to work working 12 hours a day....so no time to search for new picks. So, I will be in and out until the next shutdown which won't be until October 14th.
Good luck all.
Posted by bigsteve on :
OTIV is a very nice pick. I think it might trade sideways for the next few days. Use that as your buying point because over the next 10 days this stock is a winner.
Posted by Mysticobra96 on :
I had my friend pick up some SIR at $2.13 We both think it should do well. I'm still waiting on the sidelines with these picks. But, after my gains of 43.4% on MLS and 31.25% on GSX he jumped all over SIR when I mentioned it. Still watching OTIV, but I have to admit I'm not as happy with it as I was on Monday. If I bought it at the eod on monday for 7.38 when I saw it I would have sold today and bought SIR.
Posted by R1 Man on :
SIR.......I fully agree. It fell off a big cliff and will make its way back up. There was a PANIC sell because of them restating earnings. I would think as long as they don't file chapter 11 anytime soon, I would expect this to hit $3.50 by October. A gain of 60%. If I wake up later today, I think I will drop a $10,000 bomb on this one.
CRIS........up 6% in just 6 days. Not bad!
Posted by Topcat on :
Picked up some ENCY at 4.12 last week, waiting on news of FDA approval should give 30% pofit in the next month or so....
Posted by Topcat on :
as for HIV dead duck now... going to be delisted in the next week or 2.
Posted by R1 Man on :
quote:Originally posted by Topcat: as for HIV dead duck now... going to be delisted in the next week or 2.
I knew that was coming. I wasn't suggesting anyone to buy it. Just pointed out that it was going to be a good day trader that one day which it was.
SIR......looking good....up 11.4%
Posted by Mysticobra96 on :
Sorry I didn't post my eod picks before the bell. SIR fell early but picked up at the eod day. I bought it at 2.25 before the bell. My picks to make good runs monday morning are SIR, TVIN, and BBA. I know its too late to get in them now, but monday I will post before the bell. Hope everyones making lots of money!
Posted by R1 Man on :
quote:Originally posted by R1 Man: Ubet........$3.68....up 6.05%.
GAXY.....huge volume....for some reason this has taken off big time. Was around $0.0035-0.0004. Now its at $0.01. Don't buy....just watch. Its a pink....I usually never post pinks.
CRIS....very cheap. Opened at $0.98....$1.02 now. Exit is $1.20.
EGHT....$0.84....watch this to hit $1.00 again.
FNSR....pointed this one out a long time ago when it was around $1.20 or so....now its at $3.73...311% gain. I feel its going to keep moving up to the $4.10 range. I usually never buy stocks that are on the way up...because you can never see over the hill since your always looking up.
Good luck all.
EGHT hit $1.00 today....up 19%.
Posted by Mysticobra96 on :
Of course I pick 3 stocks Tvin is up a little, BBA is up 7% and the one I buy is DOWN! Just my luck! Hope everyone else picked up BBA it looks like it has a lot of room to run too!
Posted by Mysticobra96 on :
Well it ended up turning around for me. SIR closed up at 2.35 almost 4%. Should have a good morning tomorrow I hope maybe a little gap and run so I can sell and rebuy or daytrade something if anything is moving.
Posted by cpeed on :
I liked BBA's chart and almost bought in, but it concerned me when it started dropping a bit. Thanks for the heads up on it though
Posted by R1 Man on :
DROOY.....If it follows the pattern of the 2 year chart. This baby is going to hit pretty big in the next 2 months. Currently at $1.30....I'm expecting to see $1.60 and then a drop then back to $1.75 range (in November).....maybe higher. I'm going to load up pretty soon.
Posted by R1 Man on :
quote:Originally posted by cpeed: I liked BBA's chart and almost bought in, but it concerned me when it started dropping a bit. Thanks for the heads up on it though
I think it will move back up to $1.60s then fall on its face again. Its been in a downward trend for a long time. But September and October it has peaked the last few years. I would expect the same pattern. So, current price is $1.43....exit is $1.60....a gain of 11.9%.
Posted by Mysticobra96 on :
Wow SIR killed it today up almost 27% and BBA is up over 6%. I'm going to be watching HAYZ, CORT and maybe BRVOE for a bottom tomorrow.
Posted by R1 Man on :
Cut HAYZ off your list. Trust me on that one.
I wish I had slept longer Tuesday. I woke up and sold too early. I figured it would dip back some and I would jump back in....but $2.98 close....WOW!! I missed out on an additional $650+. Ohh well...I'm just happy I made some money on it ($70).
I jumped in DROOY at $1.30. Looking to exit 3rd week of September. Should be around $1.50-1.60.
Posted by R1 Man on :
DROOY.........$1.38....up 6%.
Posted by Mysticobra96 on :
These are my picks for tomorrow. I will be buying which ever one hits my target first. Either Movi * 2.22 or Potp * 1.70 Hopefully everyone sold SIR as it looks like it might be down again tomorrow. I figure it should stablalize around 2.55 and then make a slow run up to its 20 day MA. GLTA as always and have a great weekend cuz Im going to be gone tomorrow. SD here I come baby!!!
Posted by R1 Man on :
POTP....I think it will move back down.
MOVI....one of my old picks back on Feb. I agree on it moving back up to around $3-3.50. It wouldn't be a first choice for me, but it was shocked pretty bad this month.
Mysticobra96....I guess I never realized you have been following this trend this long. You had a few good picks back in April. Like I told you....I got my butt roasted with DCN ($15,995 loss)....but I should be back on regularly soon.
I'm going to keep my picks to myself for the rest of the week since we have LABOR DAY and as you know....anything can/will/may happen during all that time. So, I think I will hold off this week and see what happens on Tuesday.
Posted by oldblue on :
Hello guys i am new here i picked up BE at 8.20
2 new contracts 14+ mill 3 years for 1 of the contracts
looks like we just broke MA today
good luck
Posted by Mysticobra96 on :
I found MOVI on SHO list so might want to scratch it off the list.
Posted by Angie Ramirez on :
ENCY Approved in Europe waiting for approval in US. in at 4.33 and 6.11. Anyone else have new news.... Hoping to see it go up soon
Encysive gets formal EC approval for Thelin Marketwatch - August 11, 2006 1:23 PM ET
Related Quotes Symbol Last Chg ENCY Trade 4.41 +0.07 Quotes delayed at least 15 minutes
SAN FRANCISCO (MarketWatch) -- Encysive Pharmaceuticals Inc. said Friday it has received the formal decision letter from the European Commission granting marketing authorization for Thelin 100 mg tablets. Thelin is indicated for the treatment of patients with pulmonary arterial hypertension, which afflicts around 100,000 to 200,000 people in North America and Europe, Houston-based Encysive said.
Posted by R1 Man on :
quote:Originally posted by R1 Man: CRIS....very cheap. Opened at $0.98....$1.02 now. Exit is $1.20.
Cris......$1.26.....up 25%.
Posted by R1 Man on :
quote:Originally posted by Angie Ramirez: ENCY Approved in Europe waiting for approval in US. in at 4.33 and 6.11. Anyone else have new news.... Hoping to see it go up soon
Encysive gets formal EC approval for Thelin Marketwatch - August 11, 2006 1:23 PM ET
Related Quotes Symbol Last Chg ENCY Trade 4.41 +0.07 Quotes delayed at least 15 minutes
SAN FRANCISCO (MarketWatch) -- Encysive Pharmaceuticals Inc. said Friday it has received the formal decision letter from the European Commission granting marketing authorization for Thelin 100 mg tablets. Thelin is indicated for the treatment of patients with pulmonary arterial hypertension, which afflicts around 100,000 to 200,000 people in North America and Europe, Houston-based Encysive said.
The chart is VERY SCARY. I can't predict this one at all. It has soooooo many jumps in price. You might see it move up $0.25 or so but then I would say it will JUMP and who knows which way. I'm staying far away from this one. Too bad it doesn't have a predictable pattern because it is very EXPLOSIVE.
Posted by maddie19 on :
Well the chart may look scary, but if the FDA approves the drug I am sure it will go up- hoping for at least 10-12
Posted by oldblue on :
i bought ENCY under 4$ but i sold it 4.50
taking to long to get the news
Posted by maddie19 on :
well at least you made money on it!
Posted by oldblue on :
maddie yes i did i heard that ency fired there sales group (rumor) and that led me to belive that bad news was comming out
so i didnt take a chance waiting for the news to come out i will i hope catch it on the way up for a few more $$
Posted by oldblue on :
DSU may be a good investment
Posted by oldblue on :
Hey R1 Man Congrats on the new baby!
i have a question what do you guys use to scan with i use marketwatch.com they dont pick up otc's, bb's and pinks i dont belive
and what broker allows you to short under 5$ stocks i see these guys talking about shorting stocks under 5$
well Im fairly new to this, but BE looks to have HUGE resistance at $8.40, it tested it again on friday and closed slightly down. I'm going to keep my eye on it, and would personally buy once it breaks resistance, or gets down to about $7.7 where it has nice support.
Any comments?
Posted by Mysticobra96 on :
OldBlue: I'm not fully understanding the chart your using. I would really appreciate it if you could explain how it works a little. Thanks
Posted by oldblue on :
cpeed thanks for responding i sold it friday
think it will drop down a little more so i took my profits to pick up more shares when it does
they should report a quater with great earnings with all the contracts they recieved latly
7.70 would be a great buy
Posted by oldblue on :
im just learning P&f myself i have a friend teaching me, thats why i posted it here to try to get comments on it
i just use straight charts with BB's
P&F seems to complicated for my short term trading (not worth my time learning i guess)
Posted by R1 Man on :
quote:Originally posted by oldblue: update on that BE i posted
What kind of chart is this.......????? Its looks like TIC-TACK-TOE to me. I seriously have no clue what this chart means.
Thanks for the comment....he is doing great!
Posted by oldblue on :
Yea its P&F guess i should have just posted the normal one but i wasnt paying attention
sorry heh
Posted by oldblue on :
no one trading today ?
Posted by Mysticobra96 on :
Wanted to buy Pwgc at $1.11 but I pussed out! Posted by oldblue on :
Mystic after the drop they took i dont blame you
BE didnt go down like i thought atleast, looks like it will run sideways now
i bought GLE at .64 (probly to high but that volume today makes me think ill make a little tomorrow)
i was going to pick up GNTA at .80 but i pussed out to lol
live to trade another day
Posted by Mysticobra96 on :
Thanks for the heads up on gnta Im going to watch that. Might be great play by the end of the week.
Posted by Mysticobra96 on :
What I will be watching tomorrow for a good entry point will first be CORT and second will be KIRK.
For Cort I'm looking for it to open and stay above 1.19 as that is the pivot point. On Kirk I doubt it will run tomorrow I think its a day or two out but I'm going to watch both and see. GLTA!!!
Posted by Linux2 on :
Mystic, another one that might be a decent buy is AID (Amex). I bought this in August and its made a few nice returns since. I wish the volume was higher but I'll take green any way I can.
Law Enforcement Associates Corporation (LEA) (Amex: AID), a leading provider of surveillance and security products to the global law enforcement, military, security and corrections markets, today announced it has received a $638,000 order for its wireless video kits. The order represents a 25% increase in the value of an existing contract with an agency of the U.S. Government.
The order, which is expected to ship in next year's first quarter, brings the total value of the contract to $2.9 million. In July, the same agency placed a $532,000 order for similar kits, and announced it had extended its contract with LEA through May of 2007. The agency originated the contracted in May 2005 and has executed the first of two possible extensions to the term of the agreement.
Paul Feldman, LEA's president, said, "We have taken more than $1 million in orders during the past two months from this single agency. Our wireless video kits are clearly addressing important surveillance issues for this customer, and the level of follow-on business we are receiving is very encouraging."
Terms of the contract do not allow LEA to identify its customer or the anticipated use of its products.
Feldman added, "We are working aggressively to market these and other devices in our product portfolio, and will be attending a major industry trade show later in the month as part of our effort to build broader exposure for our surveillance and security solutions."
About Law Enforcement Associates, Inc. (LEA)
LEA is a leading security and surveillance technology company that manufactures and markets a diverse product line to the worldwide law enforcement, military, security and corrections markets. The company's Audio Intelligence Devices (AID) division has been serving the law enforcement sector for more than 30 years and is one of the most respected names in the surveillance equipment industry. LEA's products are used by a wide variety of government and non-governmental agencies, as well as public and private companies. These include military bases, nuclear facilities, embassies, government installations, oil refineries, United Nations and NATO locations. LEA's products also have been used at high-profile events such as the Summer & Winter Olympics, Super Bowl, U.S. Golf Championship, and the Democratic and Republican National Conventions. Its products include the Under Vehicle Inspection System (UVIS), EDK123 (Explosive Detection Kit), Bloodhound GPS Tracking System, Letter-bomb Visualizer Spray, and a wide variety of Audio & Video Surveillance Equipment. Headquartered in Youngsville, N.C., the company has been featured in many industry publications and websites. For more information, please visit www.leacorp.com.
Forward-Looking Information:
The statements in this news release contain forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve certain risks, assumptions and uncertainties, including the inability to generate and secure the necessary product sales, or the lack of acceptance of the company's products by its customers. In each case actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or modified) will not be realized.
CONTACT: Pfeiffer High Investor Relations, Inc. Geoff High 303-393-7044
SOURCE Law Enforcement Associates Corporation
Geoff High, of Pfeiffer High Investor Relations, Inc., +1-303-393-7044
but probly can catch a bounce
Posted by oldblue on :
PETS dropped to but they will probly drop more
Posted by Mysticobra96 on :
BKHM looks like its getting ready. I would like to see it hit the bottom of its bb which is 2.61 right now and bounce off that.
PETS is also a nice pick I would like to see it fall for a few more days before I got interested in it though.
Keep up the good work guys we can find lots of good swing trades here by putting our minds together.
BTW, anyone play HAYZ it was up over 20% on friday. I didn't get to watch it cuz I was in San Diego. Hope someone picked it up though!!
Another one I have radared is sgxp. Just waiting for a sign of a reversal.
Posted by R1 Man on :
PETS......Not sure if I would touch this one. It has a mild pattern with the 2 year chart but fell off the boat. I believe it will drop back down to $10 even.
BKHM....if it follows the pattern it should drop down some more then gradually move back up. It would be a true swing trade.
AID....not a lot of volume....looks like a dead beat to me.
CORT.......I like this pick! I would think it will follow "ELTK" pattern when their stock dropped out of the blue. This should be good for $0.25-0.60 bounce within 3 weeks or so.
KIRK.....has a pattern. It should move back up slowly in Sept. and a quick pop in Octover before falling hard again. Should be good for $0.75 gain.
GNTA....WOW.....hard hit!!! I'm going to buy some today for a quick bounce. I think its a great opportunity to make a few quick bucks.
Well, I will be more active this week...I'm refusing all the OT this week.
Wednesday will be exciting!!
Posted by oldblue on :
GNTA i do belive is suppose to get some kind of approval today(wednesday)
but FDA said there drug seems questionable thats why it took the hit so it might not pass
i dont know about delisting
Posted by oldblue on :
BCON think it will keeping going up or come back ?
Posted by maddie19 on :
What happened to GNTA ? Its not showing a valid ticker
Posted by oldblue on :
gnta didnt pass it seems
Posted by R1 Man on :
GNTA news:
BERKELEY HEIGHTS, N.J., Sept 06, 2006 /PRNewswire-FirstCall via COMTEX/ -- Genta Incorporated (GNTA) announced today that a majority of members on the Food and Drug Administration's (FDA) Oncologic Drugs Advisory Committee (ODAC) voted not to recommend approval of Genasense(R) (oblimersen sodium) Injection for the treatment of patients with relapsed or refractory chronic lymphocytic leukemia (CLL). While the committee's recommendation is not binding, the FDA will consider this opinion during completion of its ongoing review of the Genasense New Drug Application (NDA), which is targeted for October 29, 2006.
"While we are disappointed with today's outcome, we strongly believe in the potential of Genasense and what it may offer patients with advanced cancer," said Dr. Raymond P. Warrell Jr., Genta's Chief Executive Officer. "We remain committed to the development of this agent and will continue working with FDA regarding their review of this application."
This stock was halted which should of saved it from $0.40. I believe it will still crash maybe down to $0.55-.60 Thursday when trading resumes. I am jumping in when it does because it SHOULD move back up to $0.80-1.00 within a few months.
Posted by R1 Man on :
I tried to buy CORT and ML said that the symbol couldn't be found.....WTH??? Anyways, Good luck to you all. I sold my EGI today and bought some more CMGI.
Posted by oldblue on :
i cant bring myself to hold a stock i bought GLE at .64 yesterday fixing to sell it at .67 today
900k volume and its not gone up at all
i havnt looked at any other stocks today
Posted by oldblue on :
GNBT looks to have found its support level
Posted by Mysticobra96 on :
SUPPORT? It looks like its all over the place still to me!!!
Posted by cpeed on :
It looked like to me, it traded sideways pretty close to .50 for the better half of the day.. what did you see mystic? Im not indicating this is support, but daily support, lol. This stock has mood swings like ex girlfriends
Also, I jumped in cort today, so hopefully it will go up
Posted by R1 Man on :
Take a look at these:
ESST....$1.07....not a favorite by any means
ACOR....$3.00....price target is $4.50 (rated that)
GNTA....$0.51....I'm really thinking it will see $0.70s very soon.
CATS.....$3.39.
NURO.....$21.50ah. I see this hitting $28 no problem. Very volutile.
My pick of the year is:
ONT. Go look at the 2 year chart. This baby will POP come the end of the year. I'll let you all know when the time is right to jump in. Should be worth 75-100% gain when the time is right.
Posted by oldblue on :
GNBT has support at 1.40
it also had support at the last long white candle stick the middle of it which would have been 1.50 but it past that
it hit 1.40(where people have bought it before) and then started to pull back up(causing the shadow on the bottom)
but remember i do not hold stocks so im just looking for what happens today buy today sell tomorrow
i could be wrong wont be the first time today
Posted by oldblue on :
hey mystic im not trying to argue but talking about charts is a good way for me to learn what to look for i read books on charts but the books tend to deal with high dollar stocks
and they usually tend to follow the patern
SWKS
an industry leader in radio solutions and precision analog semiconductors, today announced that company executives will be presenting at ThinkEquity's 4th Annual Growth Conference - Thursday, Sept. 14, 2006, at 8:00 a.m. Pacific time from the Ritz-Carlton Hotel in San Francisco.
Posted by R1 Man on :
Jumped in GNTA with $6,000 * 0.563. This will be interesting. Still debating on jumping in with $15,000 more....????
Posted by cpeed on :
Hey guys, check out LITL, they have tanked the last few days and I cant find out why, all im reading is good/neutral things.
Any input?
Posted by R1 Man on :
Dropped another $5,000 in GNTA * $0.54.
Posted by Mysticobra96 on :
LITL is great to day trade I made 48% off it in 5 mins. It moves fast and hard!
Posted by cpeed on :
jumped in gnta and cort today. Good luck to you guys tommorrow, ill post a couple im watching tommorrow morning
Posted by oldblue on :
Man I'm having a bad week. I tried to wake up and buy AAGH at .21 but I slept in Then today I wake up looking to buy SGXP. The pps was under 1.95 and I was arguing about a penny when there were no sellers! This sux!
Posted by oldblue on :
had to drive to PA so i didnt trade any today just holding BE
Posted by cpeed on :
ya, i've a a couple of those mystic. You'll have the weekend to find a couple more.
Posted by oldblue on :
i heard from a friend of a friend of a friend
so that makes it a big rumor!!
but that third friend is some kind of market guy (dont ask me what he is or does i have no clue i was told me was a market maker but i dont know what he is)
anyways that guy said CORT was gonna go to a 20$ stock i dont belive it but i will buy some monday just to see if i can make a few pennies on it
i dont see how he knows cort's gonna pass the next FDA test
anyways just wanted to pass on what i heard cause i know some of you guys own shares
Posted by oldblue on :
quote:Originally posted by oldblue: i heard from a friend of a friend of a friend
so that makes it a big rumor!!
but that third friend is some kind of market guy (dont ask me what he is or does i have no clue i was told me was a market maker but i dont know what he is)
anyways that guy said CORT was gonna go to a 20$ stock i dont belive it but i will buy some monday just to see if i can make a few pennies on it
i dont see how he knows cort's gonna pass the next FDA test
anyways just wanted to pass on what i heard cause i know some of you guys own shares
I wouldn't post this statement anywhere if I was you. Someone could sue you for legal damages. Anytime an INSIDER divoulges any information to the investors before a public statement....they can get in serious trouble.
I'm sure your safe here, but I would recommend you to watch what you say. (just looking out for you).
Anyways, LETS GO GNTA!!!!!!!!! Posted by oldblue on :
o ok thanks didnt know that it wasnt told straight to me it was passed along i didnt post it anywhere else
anyways BE broke the 8.40 resistence opened at 8.40 and is now at 8.47
with a renewed contract from the NAVY this stock is doing great things
Posted by Mysticobra96 on :
I bought PGWC today at $1.36 Well see what it does.
GNTA looks like its finally recovering but now its bumping its head on the 5ma of .51 Hopefully it can break it so it can run for you R1.
Posted by maddie19 on :
Here is some info on CORT: Some Thoughts on Corcept Therapeutics Phase 3 Trial ResultsAugust 26, 2006 at 9:22 pm · Filed under For Investors, R&D, Clinical Research
Nothing particularly revelatory in this post–just a couple quick reminders if you will. I don’t follow CorceptCORCEPT THERAPEUT $1.20 Change: -0.02 - -1.64% as of 9/12/2006 4:00pm , and I hadn’t heard of Corlux until I’d read this press release. On the other hand, I have heard of (and prescribed) the active ingredient in Corlux, mifepristone (aka RU-486). Most people are familiar with this drug as an abortifacient, but clinical endocrinologists know it primarily as a treatment for Cushing Syndrome (i.e. cortisol excess syndrome). Mifepristone is an antagonist of glucocorticoid receptors and the structurally progesterone receptor (thus its abortifiacient utility). In any case, CorceptCORCEPT THERAPEUT $1.20 Change: -0.02 - -1.64% as of 9/12/2006 4:00pm apparently has some methods of use patent(s) protecting use of the drug in certain types of depression and other conditions. The Phase 3 program is for psychotic major depression, and they have three studies underway. They reported on one study Friday, which was negative (i.e. placebo and Corlux apparently equally and rather dramatically efficacious) and which sent the stock to an all-time low (market cap just $35M), dropping 56% on the day.
So, just another startup specialty pharma fizzing out. No surpirses there…right? Well, not exactly. You see, without knowing the specifics of the Phase 3 studies (which have not been made public) there is no way to determine with reliability whether CorceptCORCEPT THERAPEUT $1.20 Change: -0.02 - -1.64% as of 9/12/2006 4:00pm and its first product are going to make it to market. What we do know is that the Phase 3 studies are similarly designed and are also similar in design to the successful Phase 2 study. Psychiatry is the “squirreliest” of therapeutic areas. Many of the drugs that are now mainstays of treatment for depression and anxiety, reaping their manufacturers billions of dollars a year, had a failed study in Phase 3 that looked not altogether disimilar from the failed study CorceptCORCEPT THERAPEUT $1.20 Change: -0.02 - -1.64% as of 9/12/2006 4:00pm just reported. Sure, it’s not looking so great for CorceptCORCEPT THERAPEUT $1.20 Change: -0.02 - -1.64% as of 9/12/2006 4:00pm at this point and the market is reflecting that reality, but I think that the market might be overreacting a bit too. Part of the lack of confidence might be wariness of the management team. The CEO, a former academic and founder of the company, doesn’t exactly instill confidence to investors that he knows what he’s doing (check out the conf call by going to the CorceptCORCEPT THERAPEUT $1.20 Change: -0.02 - -1.64% as of 9/12/2006 4:00pm homepage and see if you agree). But if you’re thinking of taking a shot at this one, look beyond the novice CEO and you’ll see some pretty impressive scientific minds on the ad. board, and this is a company whose success to the market depends almost solely on good science.
Posted by maddie19 on :
I saw another article that mentioned the stock price of $10 was just a prediction. I will look for it again.
Posted by R1 Man on :
Keep an eye on FUEL. It is getting pretty darn cheap now. This stock is like the gas price...so basically if the gas is cheap, the stock is cheap and if the gas is expensive...so is the stock. Gas is $2.28 now....which we all know won't last long. The current price is $2.52.....exit is $3.00. I think you can get in cheaper than $2.50.....I would shoot for $2.40 entry. For a total gain of 25%.
UBET and F are on their way up.
ONT....I'm looking at getting in pretty soon....maybe around $0.70....and exit would be $1.20....for a gain of 71%. Should take about 3 months or less to hit that price if you follow the stock charts.
DROOY......looking for it to drop down to $1.35 for entry......exit is $1.60 for a gain of 18.5%.
GNTA......should be in the $0.60s pretty soon. If anyone got in at $0.48....CONGRATS.
Posted by oldblue on :
I picked up some AOI today 4.11
still holding BE trading at 8.64
i think AOI just started a new uptrend yesterdays volume was up and now todays has already matched it
anyways thanks for the post everyone!
Posted by cpeed on :
Thanks for the suggestions guys.
I dont know if anyone is watching awyb.
Its a crap stock, but everyone is pretty sure there is a short squeez going on. If you feel like gambling, take a look. I've been in since .034 yesterday
Posted by paulsnider on :
Sell it!
Posted by Bill2Drunk on :
I STRONGLY AGREE!!!!!!!!!!
$0.19 x $0.20........why would you hold it....your up over 558%.
R1 Man
Posted by cpeed on :
I have since, Im holding profits right now, and am using the profits to flip the stock. Thanks for the suggestion though, sometimes I need someone to help be not so greedy
Posted by Bill2Drunk on :
SELL EVERYTHING with that stock. I will never steer you in the wrong direction, but for a stock that moved up 500%+ in just 2 days.....it will CRASH HARD.
Posted by Bill2Drunk on :
your back to .19x.20 again...it had dipped down to .17x.18. Not sure why the sudden jump but if you have that magic touch....please touch my portfolio so I can retire early.
USXP....I never realized this stock went from $0.0005 to $0.40 then crashed back down to $0.0045.....that is a gain of 800%.....no wonder everyone is crazy about it. (not suggesting a buy).
Posted by cpeed on :
what do you think of ptsc? I think it may be a good couple month play
Posted by cpeed on :
Congrats to those who jumped in GNTA
Good news out
Posted by Bill2Drunk on :
GNTA..........SWEET.......
Up over $150 on my ameritrade account.
Up over $1,700 on the 401k.
I'm suprised that F (Ford) crashed today. Everyone here where I am at was talking about how Ford was offering people $30,000 to retire....but $35-140k....wow. Now I know why it crashed. Plus they said they could lose 8 billion because of slow sales, restructing and buy-outs.
Posted by Bill2Drunk on :
quote:Originally posted by cpeed: what do you think of ptsc? I think it may be a good couple month play
Its an OTCBB....you can't really predict them. On top of that....the 1 year chart....its coming down from its "HIGH". I would stay away.
Posted by cpeed on :
well I sold out for a profit today because I have to stick to my game plan. If you look at pr's and the most recent financials, they are pulling in a nice profit. Its definately a company I think has potential, Ill keep it on the radar
Posted by Bill2Drunk on :
cpeed....what did you mean when you said its not possible to re-invest your gains on the other post.
Mine didn't sell by the way....have the exit marked at $0.65. Never rebounded there....but came very close several times. Wish I had woke up sooner this morning. I have over 19,000 shares of GNTA.
Posted by oldblue on :
check out ET nice chart
i bought coms at 4.33
Posted by Bill2Drunk on :
here is my watch list:
PGWC....$1.02....dropped down because of DIVY frenzy....might drop lower but should be good for a 20% gain when the entry is right. I'm thinking $0.95 with an exit of $1.18.
Currently these oil stocks have taken some nasy beatings: QRCP....$8.10....lots of peaks...I like this one. PYR.....$0.82 DESC....$3.84
CPST....$1.52...dropped from $1.80-1.48 in 2 days. Should be getting close to bottom. I'm thinking its might be good for a ride back to $1.65.
RQHI.....$1.32....healthcare stock. Had a 52 week high of $25.00. What a dog this one has turned out to be. But keep in mind that stocks that got beat down like this has extreme potential of making some serious cash. I'm not sure if this will ever rebound or done falling on its face but it is a opportunity to tuck away 1,000 shares or so.
IAO.....$0.19....this one is a day/short swing trade. Entry is $0.16 and exit is $0.21.
I'm on a 2 week layoff again so I should become a regular on here once again. I was told that my plant would only work 5 more weeks the rest of the year. People just aren't buying gas hogs like the Dodge Rams/Dakotas that my plant builds.
Posted by Bill2Drunk on :
I also have 1 E/C number for anyone who wants it. A E/C number stands for EMPLOYEE CHOICE. What it is, is a employee discount that can be given to ANYONE. Its worth about $1,200-2,000 off any Chrysler/Jeep/Dodge product. Just pm me if interested. (If you are a dealer....forget it.....your not getting it). The emloyee pricing for all deals are not really what the add says....because DCX employees/family/E-C you get $1,200-2,000 off what the public is offered.
Posted by cpeed on :
I havent looked at your picks yet bill, so I have not comment on them. But THANK YOU (everyone) for posting. This is an awesome board, I think The picks here are pretty consistent.
I haven't sold out of gnta yet, I was talking about ptsc. Maybe I mis-read what you were saying on the other thread. I was saying that if you get a margin account with your broker, you dont have to wait for your funds to clear (2-3 days), They are available to you immediately after you sell.
Posted by BooDog on :
quote:Originally posted by oldblue: check out ET nice chart
i bought coms at 4.33
good move on coms, I'm following that myself. could be close to going. Squeezes look to be getting tighter. waiting for more of a solid base.
[ September 16, 2006, 19:10: Message edited by: BooDog ]
Posted by oldblue on :
thanks boodog yea that chart looked nice
i also like ET looks like it should go up some but all my funds are invested
hey Bill2Drunk i bought a Durango for my girlfriend wish i knew you when i did
Posted by oldblue on :
anyone ever look at CWLC they got a few new contracts this month
its an OTC BB so im not sure but its trading at .034
what do you all think
Posted by R1 Man on :
I'm Bill2Drunk incase anyone didn't know.
Merrial Lynch is changing its policy. They say they don't want to allow us to buy/sell stocks anymore starting October 10th. I'm pissed!!! They are trying to force everyone to buy their stupid Mutual Funds. Anyways, no more contributions for me then. Plus I can't transfer my 401k into a IRA since I still work at Chrysler....so basically.....I am SCREWED!! Maybe I'll take out a loan and open a new account and slowly pay myself back. Somebody has to always screw this up.....its not like they were losing money....hell they charge $15.95 per trade.
Anyways, definately selling GNTA today.
Posted by R1 Man on :
yeah, just PM me if your interested in a DCX employee discount.
Posted by R1 Man on :
quote:Originally posted by Bill2Drunk: GNTA..........SWEET.......
Up over $150 on my ameritrade account.
Up over $1,700 on the 401k.
It sold this morning.
I made $1,719 and $191.
Posted by R1 Man on :
cpeed....I would sell GNTA now. $0.70. I would of adjusted my 401k sell if I really would of thought that I would wake back up this morning. Man, wish I did because I sold for $0.65 and had almost 18,000 shares.
Posted by R1 Man on :
CNXT....$1.88....take a look. I think it will run back up to $2.00 for 6.3% gain.
Posted by cpeed on :
Thanks, I was checking this thread to see if you had sold, I have a stop in at .70 right now
And right after I post this, its up .3 to .74
Did you get in rohi Bill?
Posted by R1 Man on :
nope...but will take a look....WOW....$0.74...I missed out on an extra $1,700+. Figures but like I always say....GREED is your worst enemy...so I would of sold today for $0.67 most likely.
Congrats on GNTA...did you make a lot and what was your entry?
Posted by cpeed on :
I didnt make too much, I am semi-new to this, so my positions are relatively small. I jumped in for 2000 shares at .53, and got out at .7239 So I made about $350.
When did you get out?
What are you plays your watching for today?
I am watching ROHI, and a possible long play on SMTS
I am off to school, so when I get online there, Ill be more thorough
Posted by R1 Man on :
quote:Originally posted by Bill2Drunk: here is my watch list:
PGWC....$1.02....dropped down because of DIVY frenzy....might drop lower but should be good for a 20% gain when the entry is right. I'm thinking $0.95 with an exit of $1.18.
ROHI.....$1.32....healthcare stock. Had a 52 week high of $25.00. What a dog this one has turned out to be. But keep in mind that stocks that got beat down like this has extreme potential of making some serious cash. I'm not sure if this will ever rebound or done falling on its face but it is a opportunity to tuck away 1,000 shares or so.
nope...sure missed these two.
ROHI.....is up 13.64%
PGWC.....is up 16%
Posted by R1 Man on :
My next move is ONT. $0.69 right now....I believe its good for a 8.7% quick gain and say you ride it back down and hold until Feb....you should see a huge gain of 74%. I might jump in later this week after my money clears. But unfortunately like I said yesterday...ML has screwed me....so no long positions for me after October 10th.
Posted by R1 Man on :
Good/bad news....ML said they have a new format and I can still buy self directed investments and the new fee is $9.95 per trade....but the bad part is, now I have to transfer the money into a money market account each time I sell/transfer contributions. This process will cost me 3 days of trading per trade. Before I could just sell my stock and buy the next the same day as long as I transfered stock A to stock B. Their new format is: sell the stock....put it into money market account and wait 3 days before I get access to the money.
THIS SUCKS!!!
However, you all will still have my attention and my stock picks since I can still make normal trades. Posted by R1 Man on :
WTH.....GNTA......high of $0.79 now. I wonder how high this one will get. I will consider jumping back in on a bounce.
Posted by cpeed on :
Good!
Ya, I am watching gnta for a re-entry as well
Posted by oldblue on :
wow bill that sucks my friend had to transfer accounts had to wait like a week after he sold his last stock to wire funds
you guys did good on gnta i would have never played it!
didnt trade today just watched everything sit still
Posted by oldblue on :
CHRT nice chart
Posted by R1 Man on :
BUGS.....I never post OTCBB stocks on here since they are so risky. But I think the return is insane here. The entry price is $0.0107 and exit is what ever you want. But all year it has sat around $0.0145....so if you do the math....that is 35.5% gain if it reached that again. I will only drop $1,000-1,200 in this one and sit on it for a while.
CHRT.........I don't really see a pattern with this one. I think it will close lower Tuesday...maybe $7.55 or so. It wouldn't be my first choice for opportunity.
[ September 18, 2006, 20:15: Message edited by: R1 Man ]
Posted by R1 Man on :
DROOY....$1.35.....is looking good for entry....exit is $1.55....for a 14.8% gain.
Posted by R1 Man on :
GNTA......$0.97 HOD....who would of ever known. I really didn't see this coming....wish I had held.....missed out on an extra $5,700.
Posted by R1 Man on :
DROOY.....might drop down to $1.25 but anything lower than that....would seriously suprise me.
Between ONT and DROOY....they will be my next major move.
Posted by R1 Man on :
GNTA....about time humpty dumpty fell off the wall. They anounced a offering of 20 million shares for $16 million. That is $0.80 a share.
BUGS....anybody catch that dip yesterday at $0.009??? I hit for $0.0105 for 117,000 shares. Hopefully before the end of the month...it will be back in the $0.0120-0.0130 range.....which is questionable but we can always HOPE.
Posted by cpeed on :
Good Luck!
Posted by oldblue on :
coms over 10 mill volume, earings out in the after market
Posted by R1 Man on :
quote:Originally posted by R1 Man: DROOY.....might drop down to $1.25 but anything lower than that....would seriously suprise me.
Between ONT and DROOY....they will be my next major move.
Dropping $12,000+ in Drooy now at $1.30. Wish I had caught the $1.25 dip a day or 2 ago. My exit will be $1.55.
I am still watching ONT as another...missed my chance to get in that one for $0.68...its at $0.75 now....a gain of 10.3%. Will definately catch the next dip.
Posted by R1 Man on :
Here is a short swing trade stock:
CMGI: It has been moving back and forth from $1.05-1.15 over the past several days.
Posted by cpeed on :
I like drooy.
I also like cpst, and am watching idwd. They are supposed to have news out this monday confirming the buyout at 2.35
Posted by R1 Man on :
IDWD..........OMG........did anyone ever get a CASH DIVY like they said they would give about this time a year ago but kept pushing it back and back and back. Beware of IDWD....I haven't looked yet but I'm sure they still haven't paid anyone a divy. I do know that this stock has really taken some people off their heels and suckered them into buying. I debated about it when it was $0.35-0.45 range....a month later it was $1.00+++ because of all the BS hype that the company kept saying. The moral here is: You can make money off of hype, but when it comes down to it....its still a hoax.
Posted by R1 Man on :
quote:Originally posted by cpeed: I like drooy.
I also like cpst, and am watching idwd. They are supposed to have news out this monday confirming the buyout at 2.35
CPST........All the EOD ticks are at the bottom of the trading range for the past 9 days. I wouldn't touch it until it stops losing ground...it would be different if it fell out of the tree but its just slowly moving down with no indication that it will move back up or stop moving down. There isn't any patterns either.
Posted by cpeed on :
Thanks for the heads up on idwd, good to know. Might be good for a quick flip because pr's. I will DD some more.
Posted by oldblue on :
hey i never played stocks like EZTO but there talking about a merger here on this site
this some type of scam ?
worth buying it or does it usually go down after merger
first time i looked at stocks this cheap cheapest thing i ever bought was GLE
Posted by oldblue on :
Maybe AAC would be a better play huh
Posted by cpeed on :
Thats a good question about mergers, maybe R1man knows something about it. AAC chart look pretty good. It just broke through its 10,20,50 MA.
Posted by R1 Man on :
quote:Originally posted by cpeed: Thats a good question about mergers, maybe R1man knows something about it. AAC chart look pretty good. It just broke through its 10,20,50 MA.
I really don't know much about mergers. I do know of stock that buy companies and have spin-offs which in most cases: They claim its a merger/buy-out and that share holders of the company will receive shares of the other. I guess I'm not a fan of Mergers as of yet. My father owned BUGS back in 2002 when they were doing all the mergers where they claim that shareholders will receive free shares of the spin-off companies. As of today, my father has never received any shares from any of BUGS spin-offs. You would have to check the news from 3-4 years ago to better understand. But since he didn't get anything. I have stayed away from mergers.
I did own a stock ETEL which had a merger, I received like 1 share for each 10 shares I owned. Both stocks really didn't move a whole lot in price...I just got a few free shares of some company which I don't even know the stock ticker. The funny part is, I still own this stock and ML doesn't post TICKERS...only company names.
The guy to ask would be Glassman or Abram.
Posted by oldblue on :
i read more and more on the penny stocks how there getting scamed or messed over
not sure i want to mess with pennies
i may try AAC just cause i can buy alot of shares and sell at .02 and make profit
thanks for the come backs
o i signed up at bollingeronbollingerbands.com 30 day free trial there charts are nice
even bought the book
says PANC did a reversal friday and its way down on bottom BB
PTEC buy signal END buy signal
i dont know how reliable this site is so im just going to watch these monday
Posted by R1 Man on :
quote:Originally posted by R1 Man: Take a look at these:
ESST....$1.07....not a favorite by any means
ACOR....$3.00....price target is $4.50 (rated that)
GNTA....$0.51....I'm really thinking it will see $0.70s very soon.
CATS.....$3.39.
NURO.....$21.50ah. I see this hitting $28 no problem. Very volutile.
My pick of the year is:
ONT. Go look at the 2 year chart. This baby will POP come the end of the year. I'll let you all know when the time is right to jump in. Should be worth 75-100% gain when the time is right.
ACOR........$7.53.....up 251% from my pick price.....WOW!!!!!!!
Posted by R1 Man on :
quote:Originally posted by cpeed: Thats a good question about mergers, maybe R1man knows something about it. AAC chart look pretty good. It just broke through its 10,20,50 MA.
The stock ticker is WARR. Its up over 65% today. They are being paid $14.50 a share plus they receive 0.452 shares per share or the company buying them out SPN.
Lets look at this for a sec.....WARR shares now cost $23.78. Lets subtract the $14.50 they pay you per share in cash....so we have $9.28. Now the current value of SPN is $22.37. Now you get 0.452 per share. So you multiply the current price by 0.452 and get $10.11. Now subtract your gain of $10.11 minus your cost of $9.28 and you make $0.83 per share gain from the current price.
$0.83 divided by the current price of $22.37 = 3.7% total gain.
I know this sounds complicated but its how you figure your gain/loss out if you were to consider a stock that will be merged/bought-out.
Now, typically when a stock does a merger/buy-out. The biger of the 2 who is doing the buying usually moves down in price because of all the shares being dilluted. Remember, they is already "X" # of shares...now add the amount of shares the other company has after you multiply the other company's shares by 0.452.
I hope this really answered anyones questions or concerns...I wouldn't consider buying these stocks.
Posted by R1 Man on :
Here is another Buy-out:
TUG bought out by OSG.
Doesn't state the deadline but says it will happen before the end of the year.
Stock price is up 43.7% while the other slips 2.5%. Also, its doesn't state if you get cash buy-out and/or shares of the new stock.
Buy-outs can be very good if your stock is being bought out as long as they are paying a premium like this stock.
Posted by R1 Man on :
HANS...$34.75.....buying back another $50 million in shares. What this mean: Stock price will move up, the company is doing great, I would guess they might do a stock split down the road since INSIDERS own 40% of all shares....somebody knows something. Over the past 10 years, this stock is up 24,000%. Also, 7-9 board members have been there since the early 90s. I can see it moving back up to $40 range....even though its already peaking.....or was.
Posted by Ace of Spades on :
R1 Man, I have a question.
I've been watching and trading stocks for about 6 months now. I realy only trade penny stocks, but at the end of the day I check barchart to see what were the best big board stocks were for the day.
I noticed that when there is a buy out offer, the PR is usally released in the morning and the stock opens close to the high, from premarket trading.
My question is...When these buy out PR's are released, is it hard to buy the stock right away, when the pre-market hours start?
Posted by R1 Man on :
quote:Originally posted by Ace of Spades: R1 Man, I have a question.
I've been watching and trading stocks for about 6 months now. I realy only trade penny stocks, but at the end of the day I check barchart to see what were the best big board stocks were for the day.
I noticed that when there is a buy out offer, the PR is usally released in the morning and the stock opens close to the high, from premarket trading.
My question is...When these buy out PR's are released, is it hard to buy the stock right away, when the pre-market hours start?
For 1, you have to use Choicetrade or a broker that allows you to do pre/ah trading. And no, its shouldn't be that hard to do the trades...as long as there is sellers/buyers. Also, the premarket activities are not always what they seam to be. I used to play stocks at the opening bell and watch them premarket and note the high and low and try and make educated guesses as to what the daily movement would be...I could guess right 4-5 times but that 1 time I was wrong...it would be because of a huge sell off.
Posted by R1 Man on :
ACOR.........HOLY SH*T!!!!! Up again today....$11.45....up 382% from my pick target. WOW!!!!!!
Posted by R1 Man on :
quote:Originally posted by R1 Man: CRIS....very cheap. Opened at $0.98....$1.02 now. Exit is $1.20.
EGHT....$0.84....watch this to hit $1.00 again.
CRIS.......$1.36.....hit pretty good a few weeks ago but surely above my exit. Up 33% from entry target.
EGHT......$1.15........called this one right and then some. Up 37% from entry target.
Posted by R1 Man on :
quote:Originally posted by R1 Man:
quote:Originally posted by R1 Man: DROOY.....might drop down to $1.25 but anything lower than that....would seriously suprise me.
Between ONT and DROOY....they will be my next major move.
Dropping $12,000+ in Drooy now at $1.30. Wish I had caught the $1.25 dip a day or 2 ago. My exit will be $1.55.
I am still watching ONT as another...missed my chance to get in that one for $0.68...its at $0.75 now....a gain of 10.3%. Will definately catch the next dip.
DROOY.......$1.36.....up 4.6%
ONT.........$0.70.....about ready for take off. I'm looking at a $0.68 entry target.
Posted by R1 Man on :
DROOY.......$1.40 close....up 8%. Reason it moved up is because it was on the Naked Short List. That is also the reason it came down in price a week ago also.
Posted by cpeed on :
Do you think drooy is going to keep going up R1?
Posted by R1 Man on :
Maybe to $1.50-1.60 at the most. I am selling at $1.50-1.55. You did miss the boat if you didn't get in it yet.
Catch the ONT boat. Look at the 2 year chart on that stock. You will be shocked but you will have to leave your money in that stock for 3-4 months to get 70%+ return.
Posted by R1 Man on :
Cross PGWC off my list. Getting delisted and going to OTCBB.
Posted by Bill2Drunk on :
Here is my new list (R1Man) I got banned for a post.
SCRA.....$1.17.....has $115 million in bonds due in October...so after October....this may take off but until then, it should just move down.
MCEL....$1.06....might drop down to $0.80 over the next few weeks but its a good company.
BFT.....$1.64. I believe Bally's is down because in relationship with the economy. I would think it will move back up to $2.50-3.00 range with in 6 months.
Posted by cpeed on :
no, I jumped in at 1.28, thanks to you.. Ya I checked out ONT's chart. What makes you think its not going to dip a little further before it goes up? Thanks for the advice!
Posted by MattUSC on :
Hey all, I'm new to this board, but have been swing trading for several years. Any info you can share would be greatly appriciated, and I'll try to do the same. I look forward to lots of successful trading!
Posted by Bill2Drunk on :
Congrats cpeed.
As for ONT....I could care less if I got in at the bottom or not....just as long as I make money on it and I'm pretty close to bottom. I seriously don't see it dropping below $0.60 if that is what your concerned about. I would say that it will go no lower than $0.63....and were getting close to the uphill state.
MattUSC....welcome. Just to point something out....my other name is R1Man and I got banned because of a fellow member that got pissed off last night...long story....we were both wrong....but again, welcome and congrats on your MBA-Solid Physics. About time we get someone in here with high math background....I was getting tired of being the only one....What was the highest you went in math anyways....Differential Equations for me.
Posted by R1 Man on :
I got lucky........got my name back.
ONT....I set the target for $0.63-0.64. This is for a small run....exit is $0.73. The next run will take place in December-January.
Posted by R1 Man on :
quote:Originally posted by Bill2Drunk: here is my watch list:
Currently these oil stocks have taken some nasy beatings: QRCP....$8.10....lots of peaks...I like this one. PYR.....$0.82 DESC....$3.84
RQHI.....$1.32....healthcare stock. Had a 52 week high of $25.00. What a dog this one has turned out to be. But keep in mind that stocks that got beat down like this has extreme potential of making some serious cash. I'm not sure if this will ever rebound or done falling on its face but it is a opportunity to tuck away 1,000 shares or so.
QRCP....$8.81....up 8.8%
PYR.....$0.89.....up 8.6%
DESC....$3.24....down 15.6%
Posted by Mysticobra96 on :
Ive been gone for awhile but I had some picks that I didn't put on here that ran pretty good. I picked ACOR at 2.30 and I watched it run to 12.00. My pick for tomorrow that i will be purchasing is ISIR. My buyin goal is $3.02 If it breaks below $3.00 I might wait on it though. If I can't get it at $3.02 Ill pick it up as cheap as I can in the morning. My stop is going to be $2.94 as support 2 is at 2.95. Obviously if I pick it up at 3.02 Ill will put my stop at 2.92. As for selling at the top this thing has been trending up nicely with little dips, so just going to go by the charts. GLTA
Posted by cpeed on :
Hey mystic, that ticker isnt working for me
Posted by Mysticobra96 on :
Sorry I keep messing it up. Its ISIG its already running. Up almost 9%!!
Posted by Mysticobra96 on :
Might want to watch VSTA I think its ready to swing up soon. If it holds the bottom it made yesterday today should be a good buy right around $10.00
Posted by Mysticobra96 on :
Becareful buying ISIG now. It had a short squeeze of 50k shares and was on AB. Its already traded over 80k shares. Can probably get it cheaper later today (I think)
Posted by R1 Man on :
FUEL........anyone doing the 5-7% short swings on this stock. I think its one of the easiest.....when your in your car getting gas...look at the price....when the price goes up so does the stock and so on NORMALLY. How much harder is that??
WB Mysticobra....about time you made it back....too bad I will be absent the next 2 weeks...got to go back to work....but 2 weeks after that....its on again....4 weeks off. Posted by R1 Man on :
Fuel....$1.81........selling DROOY at $1.42 and jumping in with $13,000+. Target sell for FUEL is $2.00 for 9% gain.
[ October 02, 2006, 13:18: Message edited by: R1 Man ]
Posted by Ace of Spades on :
what's you're stop loss...If you have one.
Posted by R1 Man on :
quote:Originally posted by Ace of Spades: what's you're stop loss...If you have one.
I don't have a stop loss set. I normally never pay attention to that since I am pretty good with my picks in the first place.
I sold DROOY at $1.40...7.7% gain...ML had to do it for me and they claim I bought FUEL at $1.80. We'll see.....???
Posted by R1 Man on :
Dropped another $9,700 in Fuel today at $1.65. Average is now $1.73.....hope this balances out nicely now. What is everyone's thoughts? They have some earning news coming out within 14 days.
Posted by cpeed on :
AP Streicher Predicts Larger FY Loss Friday September 29, 5:29 pm ET Streicher Mobile Fueling to Post Larger Fiscal Year Loss, File Late Reports With SEC
FORT LAUDERDALE, Fla. (AP) -- Streicher Mobile Fueling Inc. said Friday it expects its loss for its recently ended fiscal year to be more than triple that of the year before.
The news sent Streicher shares down 26 cents, or 12 percent, to $1.90 in aftermarket trading on the INET electronic exchange, after closing up 13 cents, or 6.4 percent, on the Nasdaq.
ADVERTISEMENT The company sees a net loss of about $4.8 million for the fiscal year ended June 30, compared to a net loss of about $1.5 million for the previous year
I'd find it hard for this stock to do much of a rebound with large losses like this. It is oversold, so I think a slight is possible.
Oh ya, and CPST closed at 1.52 the other day for an 18.7% gain
Posted by cpeed on :
And here fuel goes for you!!
Posted by cpeed on :
Posted by R1 Man on :
Yep, break even right now ($1.73).....$1.80 daily high...I like that and my 13,070 shares!!!
STREICHER MOB FUE (FUEL) has had 1000 shares shorted at a volume weighted average short price of $1.750. $1,748.00 was shorted at this level and may begin short squeezing imminently. This represents a portion of the total short volume since January 2005. To see all the data, please visit SqueezeTrigger.com . As of September 10th, the Total Short Interest was 729662 shares. There are $1,276,908.50 worth of shares that have been shorted and have not yet covered. Go to www.SqueezeTrigger.com to find out the exact price that the entire Total Short Interest will start covering!
Saw this on Ameritrade in the news. Interesting. My exit is $1.85-1.90 I think.
CMGI just moved up pretty good.....$1.13.....closed at $1.07. Like I said before....you can ride swings out of this no problem. But now is the time to SELL if you own.
Posted by cpeed on :
just to pat my self on the back, being a new trader.. PTSCE, called at .72 and now at HOD 1.00
Posted by bb money on :
Nice call Mysticobra 96 on VSTA up to $11.29 from your call at $10
Posted by Mysticobra96 on :
Thanks BB. If you bought VSTA I would say a good exit is 11.90 or I would put a stop under S1 so it doesn't run down on you cuz its kinda in limbo between support and resistance lines. GLTA
Posted by Mysticobra96 on :
BTW if you guys don't know the S1 its 10.95. It looks like VSTA should run to almost 12 though as RSI(5) is only 58.89. The reason I say 12 is cuz the 20ma right there, I think it will take some good pressure to push over it and I would take a 20% gain and run!
Other stocks to watch are: IKAN TARO $11.70 SGTL XMSR UPFC EXAR SMHG $12.00
The ones with buy prices I would make sure they hit those prices because I'm not sure they are bottomed yet. The others I would buy as they rise above their pivot points. If you don't know the p.p. its just (C+H+L)/3 Another way is (H+L)/2 Either way it gives an idea that the stock is back on the rise.
I would be buying these stocks but I'm already in DSX and NVEC. Both had good days! As always GLTA!
Posted by oldblue2 on :
hey guys my laptop died i had to replace it but then my user name wouldnt work
i got a new laptop so im back i know you missed me
look at ROIAK 2 mill volume today and hasnt moved
any ideas ?
thanks
Posted by DeedsA55109 on :
Hello All, I am a relatively new trader. After watching the market climb and climb to record levels over the past couple of days, is now a time to buy anything, or is it a time to short, or is it a time to just wait to do anything?
Thank you.
Posted by bb money on :
darn, should have gotten in SMHG but was debating if it would go back under $12. Missed out looks to be starting a run.
Posted by Mysticobra96 on :
Wow its scary when I make calls like I did last night. Almost everything did exactly as I said. Hope some people made some money off my advice. GLTA as always!
Posted by Mysticobra96 on :
As for ROIAK, I think its about ready if you want to play it. RSI(2) is 5.18 which is low the Stok's are very low. Personally, for me there isn't enough swing % gain to be had. Even if you pick it up at 5.90 the most I see this running is 0.30 or so. If your happy with 5% max then I would say watch it monday. If the price goes down some more and then pops back over $6 go long.
Posted by oldblue2 on :
Thanks Mysticobra yea i just saw the huge volume and pretty much no movement
thanks for posting your pics to great job you do
Posted by oldblue2 on :
VION looks like an uptrend has preformed
Posted by cpeed on :
Ill watch VION for conformation on monday, it needs to break its 50dma, but it does look like its reversed. Also ROIAK, just battled major resistance on its 50dma, so I would wait for it to pull back some more, or break that before I would jump in. The rsi isnt extremely attractive yet.
Posted by oldblue2 on :
thanks cpeed, i didnt buy ROIAK just wondered if it had potential cause im just learning all this
but i found this and i usually dont buy OB's but read the news on this one
Hmmmmmm.....North Korea does Nuclear Tests.....bet GAS goes out the door. Watch oil stocks this week.
Posted by oldblue2 on :
guess we wouldnt make any money of there wasnt any turmoil in the world
so hows everyone doing today ?
Posted by oldblue2 on :
i dont like the way that vion is up on 64k volume
Posted by cpeed on :
Today has been a pretty good day for me, most of my money is tied up right now, so im just waiting to sell a few positions and then im on the hunt again!
How are you doin oldblue?
Posted by bb money on :
what are you looking at right know for potential plays cpeed?
Posted by oldblue2 on :
Hey Cpeed, i cought AXL at 17$ sold at 17.88
so im doing ok
HEB might brake 2.12 one day and become a good buy
i dont know if you watch it
Posted by Mysticobra96 on :
Keep an eye on SOLM. Its getting close to a bottom I believe. PP is 2.10 on it for tomorrow. It closed at day low so it might need another day or two to reverse, but good potential there I believe.
Posted by bb money on :
WHAT is going on with SOLM i bought at 1.99 and is down 13% to 1.75 any ideas?
Posted by cpeed on :
Dang I tried to get filled at 1.68, now at 1.84. Would have been a good flip
Posted by DeedsA55109 on :
Is it still a good time to pick up SOLM, or with today's announcemnt of a reorganization of the company is it not a good time? Right now, trading at 1.77.
Posted by Mysticobra96 on :
I'm sorry if anyone bought SOLM and took a loss, I guess I didn't fully explain what my stradegy was with it. I didn't mean that 2.10 or under was a good price. I look for stocks to dip a little (this one dipped too much for me) I won't play them if they break the day 2 support b/c its too hard to predict where the bottom is. When I put the buy price of 2.10 I was looking for the stock to dip down to about 1.90s then reverse back up to 2.10. I never bought this stock since it fell so much. It sounds like a few of you made some money flipping it so thats good. I hope I didn't cost anyone too much $$$ by not fully explaining what to do with this stock. GLTA as always!
Posted by cpeed on :
I dont think it was that unclear mystic.. So what is everyones plays for this week? I have some money tied up in mncs right now. I am also looking at RGUS, they have good financials released on their website that havent been pr'd, plus it looks like it will hike up a little more.
I am going to run a scanner in a bit and i will post any that I think are good.
Posted by Mysticobra96 on :
I like EMED at .55 for a 50ma bounce PP is .58. PWAV good buy at 6.20 I believe PP is 6.27 Others are MOBE and NCST
Posted by Mysticobra96 on :
JDO is another that should bottom tomorrow. BE CAREFUL BUYING A FALLING KNIFE ON THIS ONE THOUGH!!!
Posted by bb money on :
PWAV catch bounce off of 52 week low.
Posted by Mysticobra96 on :
Yeah I thought PWAV was going to hold on it support at 6.20 but I guess it didn't. I would wait for this one to turn around before buying in now. I bought MOBE at the EOD. Its low was higher than its bottom and it closed near HOD. I think it should run from here, but we'll see.
Don't know if anyone jumped in EMED but its up 10% today. Sorry for throwing that one out there I didn't realize how low volume was on it. I decided not to buy it since the volume is so low, but it did move nicely today.
As far as JDO, I hope no one got burned there as I said it was going to be a risky play and therefore I stayed away from it. It would have been great to get in at 4.00 but too risky for my liking. I like to know where the bottom is usually. I might look for the Eve bottom on this one. I figure it should rebound for a day or two then come back and make a nice bottom thats a more stable buy-in. GL in all your trades!
Posted by oldblue2 on :
bought PALM at 14.94 sold at 15.49
Posted by oldblue2 on :
we forgot about TZOO up like over 2$ past few days
Posted by bb money on :
What do you think of PWAV from here Mysticobra?
Posted by Mysticobra96 on :
I think PWAV looks great so far. I would wait till EOD to make sure it doesn't go down past its low. If it closes near HOD I would go long!
Posted by Mysticobra96 on :
Man JDO is a monster today! I knew I should have bought it!!! O well, I can't complain when my stock is green.
Posted by cpeed on :
Well I hope someone jumped in ONT like R1man suggested, today it is having its run
Posted by bb money on :
I should have jumped in on ONT but was waiting for it to drop to around .65 but, it never did oh well congrats to all who are in on it!
Posted by cpeed on :
ONT did drop to about .66 where would have been a nice entry. I didnt have any funds avail or I would have. The more I look at it, it is in a nice channel. Two stocks I jumped in today are TCLL, and COSI
Both are channeling and in an uptrend. Anyone have any good picks?
Posted by bb money on :
PWAV finished near high of day. Hopefully a nice bounce tommorrow.
Posted by R1 Man on :
quote:Originally posted by cpeed: Well I hope someone jumped in ONT like R1man suggested, today it is having its run
I jumped in feet first with FUEL.........$23,000 worth. So, I was still waiting for ONT to drop down more. The only reason its moved up 13% today was because of the news. It should move back down but don't buy.....let the dust clear away. Yesterday was not the run I was refering to.....you haven't seen nothing yet!!!! I'm predicting it to drop back down to $0.65-0.72 range....then come end of December....it will start to rise....then Mid January....we should see $1.00-1.20 range....wait until February....and you may see $1.30-1.60.
Posted by cpeed on :
Are you still riding FUEL R1man? What else are you looking at?
I agree with ONT, i dont think it will get too much cheaper. Looking at the chart, we missed the good Low .60's dip at the end of August. I will look for a good entry in the next couple of weeks!
Posted by maddie19 on :
Are you guys still in ENCY? Looks like it is starting to run today...hmmm could approval be announced today? Lets hope so!!
Posted by R1 Man on :
quote:Originally posted by cpeed: Are you still riding FUEL R1man? What else are you looking at?
I agree with ONT, i dont think it will get too much cheaper. Looking at the chart, we missed the good Low .60's dip at the end of August. I will look for a good entry in the next couple of weeks!
Still riding FUEL.....sold my CMGI to buy FUEL....LOL. CMGI is up $0.14 or about 12%. Well, off to work.
Posted by ladybird on :
What do you think of UMC, R1Man?
Posted by Mysticobra96 on :
My opinion UMC is too high already to buy. I don't see it going over $3.15 anytime soon. There are better plays I believe.
I'm watching: TWTR-should be a good buy at $3.30 but watching the morning and see if it dips lower or not. Should bottom soon though. SFUN-look for low to higher than $21 if so buy EOD. SWAT-maybe a bounce off $5.20
Posted by ladybird on :
Thank you, Mystic. What makes you think that TWTR is going to go back up? The holiday season? I'm just wondering because some of the articles I've been reading say that people will go to Bestbuy and Circuit City to shop.
Posted by cpeed on :
No DD done, and a quick glance at charts, a small triangle pattern is forming,so it might break out (probably not though), it has been trading between 2.70 and 3.30 for almost a year. So honestly your best bet would be to wait for it to drop to about 2.90 before you jump in. I agree with Mystic, there are more attractive stocks
Posted by Mysticobra96 on :
My picks are all COMPLETELY ON T/A! I do no DD!!! The reason I stay away from DD is b/c for me it just complicates things. I feel if you go by charting alone your better off. Now this may sound strange, but for me it works. When I do DD I get to caught up in the DD and (future) news. I stay in stocks that are going down b/c I think as everyone else that its going to get the news we have been waiting for.
So, now my theory is all T/A based and I figure news will hit some good and it will hit some bad. I always have stop losses on my plays. I try to limit my losses to 5%. If they hit it I move on, if they don't I move my stop up with the stock. As swing players I feel this seems to be the best way to play these. GLTA!
Posted by R1 Man on :
quote:Originally posted by ladybird: What do you think of UMC, R1Man?
Welcome back!!!
I have always liked UMC since it stays within a set range. But its too high right now. I just got back in town so later this week....I should start posting picks again.
UBET has been very active lately.
Posted by R1 Man on :
quote:Originally posted by Mysticobra96: My picks are all COMPLETELY ON T/A! I do no DD!!! The reason I stay away from DD is b/c for me it just complicates things. I feel if you go by charting alone your better off. Now this may sound strange, but for me it works. When I do DD I get to caught up in the DD and (future) news. I stay in stocks that are going down b/c I think as everyone else that its going to get the news we have been waiting for.
So, now my theory is all T/A based and I figure news will hit some good and it will hit some bad. I always have stop losses on my plays. I try to limit my losses to 5%. If they hit it I move on, if they don't I move my stop up with the stock. As swing players I feel this seems to be the best way to play these. GLTA!
I work almost the same way.....however, I will usually glance at the news.
Posted by ladybird on :
Any thoughts on GTW?
Posted by R1 Man on :
FUEL.........conference call today....closed at the high $1.75....Wednesday should be D-Day for this stock.
DROOY.......$1.28.......Might get back in at $1.26-.28......exit is $1.40.
GTW.......the chart follows the 2 year pattern but I think it might hit $2.00 but doubtful anytime soon. Stay away from this stinky fish!!
Posted by R1 Man on :
quote:Originally posted by maddie19: Are you guys still in ENCY? Looks like it is starting to run today...hmmm could approval be announced today? Lets hope so!!
Did you ever buy into this before 10-13-06???? Nice 25% jump....but its crashing now.
Posted by R1 Man on :
I might have a few others to help do some dd for all of us......its in the works right now.
Posted by Mysticobra96 on :
My pick for tomorrow is RMDX. Buy-in price is $1.64 if you can get it or $1.68 would be good too. I will see how the open is but I want this stock!!!
Posted by ladybird on :
GTW.......the chart follows the 2 year pattern but I think it might hit $2.00 but doubtful anytime soon. Stay away from this stinky fish!!
LOL, yeah I know R1, it's a dog. But last month they hired a new CEO, hooked up with Denkodo, a leading retailer in Japan, and opened a new facility in Nashville. I don't know, keep an eye on it anyways.
Posted by cpeed on :
nice pick MYSTIC, I really like that one
Posted by R1 Man on :
Dropped EGI today at $1.40. Misjudged this one pretty bad.......50% off.
EGR.....take a look MCEL....Keep an eye on INNO....Coming back from the grave
Posted by R1 Man on :
FUEL.......$1.81......HOD $1.85......looking good!!!!
Posted by cpeed on :
im glad fuel went back up for you!
I jumped in
AVCI at 7.84 - anyone know anything about this one? they have an earnings call tommorrow, and i dont really like holding through those. but this looks like its going to go up to about 10.50
COSI at 4.82 -- almost ready to get out
Posted by R1 Man on :
INNO.......don't buy now but this has really made some progress. Up 17% today and could make it back to $1.00 but will have plenty of resistance.....wish I had bought in when I was debating on it ($0.44)....I would of dropped $10,000 in it.
Posted by cpeed on :
COSI broke its 100sdma
AVCI - I jumped out today at 8.41
Posted by R1 Man on :
FUEL....someone read todays news 10-18-06. Let me know what you think.....I'm undecided if its good or bad.....I'm still holding.
Posted by bb money on :
I don't think this news is really that good or bad R1 Man it is good in the sense that their new name will let future investors know that the company is in a broad range of the energy sector. JMHO Anyways that is my take on it. What are you looking at right now as potential plays?
Posted by cpeed on :
Pretty nuetral, but honestly I think it is a good move for the company in the longterm. like bbmoney said
Posted by ladybird on :
I think you have to ask - why is the company changing its name, R1. People and companies don't change a name with a good reputation. Their financials are pretty dour. I don't think a fresh coat of paint is going to change that. My advice is make a little money and get out. Then again I could be wrong. Lord knows it wouldn't be the 1st time.
Posted by Mysticobra96 on :
I like SFUN for tomorrow. Whats everyone else think?
Posted by bksundar on :
WATCH this space for action on "CTXI"
Interesting play Own Merit (MICROCARS concept) : LONG TERM Play MAJOR SHORT SQUEEZE : Short Term play (1 month)
For now, looks headed in the direction of other recent SHORT SQUEEZES major successes : CSHD/AXGJ/LFZA/AWYB/SSSU/QBIT/PAIM/PAVC..... List is endless!!!!
Posted by Mysticobra96 on :
bought in this morning at $19.89. Hope it runs soon!
Posted by R1 Man on :
quote:Originally posted by Mysticobra96: I like SFUN for tomorrow. Whats everyone else think?
I agree its a good buy and would say exit is around $22-23. Its down because they announced a big customer is scaling back its nitride read-only memory business.
Stupid ML won't let me buy it until I sell some stock....wait 4 stupid days then I can buy.....RRRRRRR!!!!!!!! I don't like their "UPGRADE" changes.....to me its a "SERIOUS DOWNGRADE".....feels like they're going backwards.
EGHT........$1.25......could see $1.75 before the years over.
FUEL.....$1.79.....holding up! Posted by R1 Man on :
quote:Originally posted by bksundar: WATCH this space for action on "CTXI"
Interesting play Own Merit (MICROCARS concept) : LONG TERM Play MAJOR SHORT SQUEEZE : Short Term play (1 month)
For now, looks headed in the direction of other recent SHORT SQUEEZES major successes : CSHD/AXGJ/LFZA/AWYB/SSSU/QBIT/PAIM/PAVC..... List is endless!!!!
Nice catch.....up 200%. I usually don't care for these picks here but after watching CSHD run like hell, I'm open to entertain.
My question is.....how do you figure out when a MAJOR SHORT SQUEEZE will occur???
Posted by Mysticobra96 on :
Time to sell FUEL if you haven't already R1. Trend has changed and I don't see it breaking the 20ma. You might get another chance to sell tomorrow at $1.80 and if it were me I could take that and run. Anyways hope you did well with it.
I bought SFUN about 1-2 days early, but o well. I think tomorrow it will trade sideways/down a bit. Then I see it going back up. I bought it in the morning which I hate to do, but I had class today and didn't want to miss a huge run while I was gone. I decided to give up the extra 1% or so by waiting for the low.
Posted by Mysticobra96 on :
R1 I think most of those are just group plays. I'm like you I don't trust those runners cuz u can get burned so bad. Plus they are playing w/pennies, there really is no short squeeze in a penny cuz they can just naked short it. I have learned my lesson with those stocks and I won't trade anything that doesn't have to answer to SEC regs now. Just too risky. If you have extra money to burn I say you could throw it in these pennies or just go gamble. (I prefer poker) I think I have better odds winning w/that than these pennies.
The problem I have found w/short squeezes is you don't really know when they are happening. I have researched it b/c if you actually knew when a short squeeze was you COULD make a TON of CASH!! But they don't report their short positions for the month until the end of the month and they have already covered. One thing you can do is is find a stock that covers 1-3 days after. This means the 13-15th of every month the stock goes down. Within the next 1-3 days it will shoot back up. All a short squeeze is, is shares short/avg. daily volume for the month. So, if there is usually 100k shares short a month and avg. volume is 100k they would have 1 day to cover. Look for a good dip around the 13-15th and jump in. Another way to play it is stocks that usually cover 10-15 days and have a high short ratio. An example is TZOO, BOOM, there are some more but I forget. These stocks will usually dip in the middle of the month and pop back up the beginning of the month. TZOO is a great example of that as its got a short ratio over 40%. GLTA that try this, to me its a little like playing the news as your guessing when the stock is going to fly. It is good to know the short position on the stocks you own as you might not want to be holding them before the 15th. Some of my old picks that flew up the day after I picked them were GSX, MLS, SIR and some others. I thought I was just great a picking stocks, but come to find out they all were going through short squeezes and I just got lucky!
Posted by Mysticobra96 on :
RMDX at 1.82 from my call of 1.64 MOBE at 3.05 from my call of 2.80
Then we have the one I actually put my money in at 19.63 when I bought at 19.89. To be honest I'm not too worried though I was expecting today to be like this for this stock. The good news is there was lots of buying at 19.50 which I think should be the low now w/no bad news. Only up from there. Very nice buying opp. for ppl if they like that stock. GLTA!!
Posted by ladybird on :
Yeah, your RMDX is doing well, Mystic. Good pick.
Posted by fourseven on :
quote:Originally posted by Mysticobra96: I like SFUN for tomorrow. Whats everyone else think?
seems to be looking for a bottom after the drop.. nice pick!
Posted by cpeed on :
Nice picks this week everyone! Mystic, thanks for RMDX!
Lets keep this board active and get some good ones posted this weekend!
Posted by Mysticobra96 on :
My pick for monday is IOTN
Posted by fourseven on :
quote:Originally posted by Mysticobra96: MOBE at 3.05 from my call of 2.80
I like MOBE... looks like it's gonna try to fill that gap.
Posted by Mysticobra96 on :
I think MOBE has an earnings call on Weds. so you might want to be careful with that one now. Not saying earnings are bad, I just don't like to play the guessing game.
Posted by R1 Man on :
quote:Originally posted by Mysticobra96: I think MOBE has an earnings call on Weds. so you might want to be careful with that one now. Not saying earnings are bad, I just don't like to play the guessing game.
I agree with Mystic. They way earnings work...its hard to tell if the market will move either way. I have seen stocks post POSITIVE earnings and crash and post NEGATIVE earnings and move up. Sit it out until Friday. I do see a small pattern on the chart with this stock. The past 2 Decembers, this has been peaking. So, with the big drop in price and the INSIDERS buying, I think this will bounce back.
Latest Insider Transactions
Adage capital partners gp llc 75,000 Open Market Purchase 10/17/2006 Not Supplied
Adage capital partners gp llc 50,000 Open Market Purchase 10/17/2006 Not Supplied
Adage capital partners gp llc 70,000 Open Market Purchase 10/17/2006 Not Supplied
Adage capital partners gp llc 158,600 Open Market Purchase 10/06/2006 Not Supplied
Adage capital partners gp llc 141,400 Open Market Purchase 10/06/2006 Not Supplied
Posted by R1 Man on :
quote:Originally posted by Mysticobra96: My pick for monday is IOTN
WOW....lots of peaks in the chart. This would make a good swing trade if it would ever go back to the 2 year charts. Not sure if this is ready to move back up yet. I'm sure it will hit $4.75 before November 10th.
Keep an eye on FJC....Its getting pretty cheap.
Posted by Mysticobra96 on :
Well...I forgot to list my pick yesterday, but it was RHAT and it did well today. My buy price for it was $18.61 and it went down to $18.51 and closed at $19.41.
For tomorrow my pick is...STMP with a buy price of $14.96
Posted by abram on :
BTJ
Posted by abram on :
FUEL , They deliver it, past couple years , they've expanded they territory, bought more equipment. The price of fuel shouldn't even effect them, they deliver.(I think they're a great company to buy and hold at least til Feb.)
Posted by Mysticobra96 on :
FUEL looks like a good rebuy tomorrow. I'm not liking BTJ as it has already moved pretty well for 2 consecutive days.
My other picks are:
IIIN PRAN CTHR WHT
Posted by Mysticobra96 on :
Becareful w/WHT its the only one that closed below its PP. So, get a feeling for it in the morning, I have a feeling it will probably dip or gap down in the am. As long as it holds support and doesn't go below yesterday's low I would pick it up. GLTA!!!
Posted by fourseven on :
PANL - in at 11.06, out at 11.86 (peaked at 12.10 or so), now on it's way back down.. i'm guessing it should bounce around 11.22 if not sooner.
Picked up some FUEL, chart looks like it's basing.
Posted by R1 Man on :
quote:Originally posted by abram: BTJ
With the news that came out about record earnings and record profits, I can agree this will move back up in the 20's.
Posted by R1 Man on :
quote:Originally posted by Bill2Drunk: Here is my new list (R1Man) I got banned for a post.
MCEL....$1.06....might drop down to $0.80 over the next few weeks but its a good company.
BFT.....$1.64. I believe Bally's is down because in relationship with the economy. I would think it will move back up to $2.50-3.00 range with in 6 months.
MCEL........$1.18....up 11%
BFT........$2.85.....up 74%
Posted by R1 Man on :
quote:Originally posted by R1 Man:
quote:Originally posted by R1 Man: CRIS....very cheap. Opened at $0.98....$1.02 now. Exit is $1.20.
EGHT....$0.84....watch this to hit $1.00 again.
CRIS.......$1.36.....hit pretty good a few weeks ago but surely above my exit. Up 33% from entry target.
EGHT......$1.15........called this one right and then some. Up 37% from entry target.
CNXT....$1.88....take a look. I think it will run back up to $2.00 for 6.3% gain.
EGHT.....$1.39.....up 65.5%
CRIS.....$1.46.....up 43%
CNXT.....$1.98.....up 5.3%.....also hit my target.
Posted by R1 Man on :
Abram........I've been wondering where you went. Welcome back old friend.
I think we are getting some great help on here now and everyone is really doing a great job with picks/opinions/suggestions/etc. I know I have made some extra cash from other's picks. Thanks!! But does everyone have goals.....my goal is to have $100,000 in my account by April 2008....that gives me 1 1/2 years which is very possible.
Another tip for everyone, when you pick a stock, add it to your portfolio watch list with www.marketwatch.com or what ever you use and enter the price you pick it at so you can see what it has done. A lot of picks will hit several times over the year and its easier to look back at stocks your familiar with then to play guessing games. I have 126 stocks I keep an eye on.
As for everyone's goals that have them, they can be reached. Take a look at this graph. We all on here pick stocks that hit for an easy 5-10%. So there seriously isn't any reason to lose money on here or miss your goals.
Well, good luck to all and make that $$$.
Posted by cpeed on :
R1, do you set stops when you enter a position?
Posted by abram on :
Hi R1, I've been working too much lately. BTJ is good to go long on and QSII, and TWX also. All subject to doubling if not tripling . FUEL I believe will also bring in a hefty roller coaster chart. Just my opinion... Take care, didn't you recently become a Daddy? Congrats!And GL!!!
Posted by jcluvsu2 on :
anyone know about idwd don't know if i saw that on here or another site. any thoughts ? thanks
Posted by R1 Man on :
quote:Originally posted by jcluvsu2: anyone know about idwd don't know if i saw that on here or another site. any thoughts ? thanks
Junk!
I agree with you on FUEL. Also, hell of a pick with QSII....I ended up selling a long time ago but I would of been up 60%+ if I had held.
Posted by R1 Man on :
quote:Originally posted by cpeed: R1, do you set stops when you enter a position?
Nope....I know I should but I'm using my 401k which limits what I can do. As for my Ameritrade accounts....rarely. I usually will sit on a OTCBB stock and day trade with the other account. Example: I have 117,000 shares of BUGS at $0.0103. I know that stock will hit again so I could care less if they go down or not.
Mystic has the best method....Stop Loss at 5%....and don't look back.
Posted by Mysticobra96 on :
Well...my picks did pretty well so far.
IIIN up 4.43% in 1 day PRAN up 2.09% in 1 day STMP up 9.40% in 2 days CTHR up 4.75% in 1 day
If you bought these they are all still good to hold on to I think.
RHAT got killed w/bad news! BTW does anyone know if a stop loss can be hit AH? O and I'm revising my stradegy so I wouldn't have picked this stock b/c my limit is now nothing over $20 and nothing under $2.
WHT I mentioned but it never hit a buy b/c it was below the pp on the close and it broke its previous days low.
My picks for tomorrow are: SNMX-up almost 5% still some room though SGN-up almost 14% already so not great potential NURO-down .75% but should be good for a 10% gain XCHC-up 1.4% BEST pick here I think SGMO-up 4% could go close to 10% ISIG-up 7% but has a good amount left I believe SYX-up 5% but good room to grow I believe ADLS-up almost 5% but still some room I think
These two are questionable b/c they closed on their pp's: SYNM DXCM
Now I'm picking these w/o even looking at charts, so do some DD on these first.
Posted by cpeed on :
Thanks for the picks mystic. As for the stop after hours, no it will not hit. If your stock gaps down below your stop, it will immediately hit once the market opens.
Posted by R1 Man on :
ONT.......$0.84......getting a lot of attention. I'm buying 3,000 shares just as a precaution incase it takes off when earnings come out.
Posted by Mysticobra96 on :
Thanks Cpeed thats pretty much what I figured. RHAT made a come back today after buyback announcement. Still was a bad short term pick...well unlucky I guess.
Of the plays I mentioned for today the only ones that turned into buys were:
NURO SNMX
The others either gapped down or gapped up and never filled the gap. I personally don't like to buy on either of those scenarios. Some ran very well so far like XCHC though. Hopefully, some made some money.
Everyone should know that I'm not putting my money where my mouth is yet though. Although I would probably be +. I'm still working out kinks in my system. I will probably have it perfected by sometime in Nov. I want to have a list of 100 or so stocks w/all the scenarios that can happen, so I don't have to make guesses when I have my money in it. GLTA that are playing my picks. As for buying stradegy all I'm doing is looking for stocks that either gap up or even, then drop below the open or close and buy as they come back through whichever is lower priced. If the stock goes all the way down to S1 I buy at the PP. Don't know what to do if it goes to S2 yet though.
Posted by abram on :
STOCK IDEA; ELNK Earthlink, they have no debt. At or near 52 wk low. I may get some Mon. to ride up. Or it may find a new low , not sure about how this will turn out . But , I am sure it will go higher than it is now.
Posted by Mysticobra96 on :
I agree ELNK is going up near term. I think you should have a modest goal around 5% with it though. I think its def. a gainer but there are better choices out there.
My plays are: DATA SGN TMY NTII RHAT
Now these are other potentials, but they are below their pp's so make sure they get back above the pp's before you consider buying them.
CAMD QGLY XCHC SGMO SYX ADLS
Hope everyone has a great weekend! GO BIG I KNOW I AM!!!
Posted by jcluvsu2 on :
if you say so i no go thanks r1
Posted by ladybird on :
Anyone have any thoughts on ARTX?
Posted by Mysticobra96 on :
ARTX is on my watch list. I don't think its a buy quite yet, but I believe its getting close. Keep an eye on it lady!
Posted by R1 Man on :
quote:Originally posted by ladybird: Anyone have any thoughts on ARTX?
Good find but I agree with Mystic. I don't think its done falling yet or ever will. They did a 1-14 stock split. Not good. I found that when they do a Split, they adjust the charts as well.
Posted by oldblue2 on :
Risk is key to system swing trading the QQQQ, and NQ futures. "Don't ever think the stock market is there to accommodate your thinking!"
Posted by oldblue2 on :
r1 man "FUEL" is back down you gonna buy it ?
Posted by DeedsA55109 on :
Any thoughts on SOLM now? Really dropped from last time it was brought up...
Posted by Mysticobra96 on :
It was a short term play. They dilute pretty bad (I've heard). I don't think its ready to come back up again yet though.
Posted by R1 Man on :
quote:Originally posted by oldblue2: r1 man "FUEL" is back down you gonna buy it ?
Never sold it.....still sitting on my 13,070 shares. I have been busy with the house since its gets dark at 6 pm now. I wish I had sold at $1.80-1.85 like I considered but not worried at all. I was going to sell it then and buy EGHT at $1.24 but chickened out....which EGHT went up another 27% from that consideration. Sometimes you make right choices and sometimes you don't. I'm still comfortable with FUEL. I would like to have the ability to sell and buy the same day but can't anymore. I bought ONT but only 2,200 shares the other day....just incase it moves big this week when they announce earnings Thursday at 4pm. I think this will explode, but better safer with a little then a lot.
I will do some DD later this weekend...the wife is complaining about not spending time with her...since I spend time working on the house/taking care of my newborn son/reading emails/checking stocks.....you can never win. Posted by Mysticobra96 on :
These are my picks but wait til you see the highs getting higher before jumping in...
AVNR LIOX ABTG EXEL EMIS SQUM SAOL MTE
Posted by Mysticobra96 on :
Well..I hope no one bought any of those duds as they never went up. You could still keep an eye on them as they are likely to start moving soon. If you want to jump into something for sure tomorrow look to...
DXCM and XNL
XNL moved a lot today but I think it will still rise for the next 2-3 days and same w/DXCM. I will be buying DXCM most likely on a dip tomorrow and watching XNL closely. GLTA!
Posted by Balttrader on :
FUEL looks good...Carved out a nice bottom over the past month. I love the look of the RSI perfect positive divergence. The only thing that is of concern is the lack of volume this month. Good pick!
Posted by Mysticobra96 on :
Well, I got in DXCM at $8.69 and go figure I was watching XNL in the morning when it was down 2% wake up and its up 10% from that! Mines up about 1%, my luck has been horrible lately, but I guess it could be worse. But, I did just lose my last 4/5 nights playing poker too! ARGH! Hope everyone is having a great friday.
Posted by Balttrader on :
Just bought into FUEL... I wanted to buy some before the breakout to the upside.
Posted by Mysticobra96 on :
Fuel might do real well after the elections when gas prices go back up. Maybe I'll have to consider that stock soon.
Both my picks were very good today hope some ppl made some money w/me. I made a nice 5% gain today.
Posted by Mysticobra96 on :
My pick for tomorrow is EMIS. I will be looking to sell my DXCM which is up a little over 7% in 2 days for me. I hope it gaps up and runs to 9.80's or so and I can get out quick and get in EMIS. GLTA!!
Posted by Mysticobra96 on :
O btw if EMIS drops below $5.99 its not a play for me, so watch it carefully. Keep an eye on AVNR, VXGN, and WLV. They aren't ready yet, but give them a day or two and I think I will be mentioning them.
Posted by Balttrader on :
My chart reading show EMIS to be a little early as well, give it 2-3 days. The rest of your picks seem to be a week away.
Posted by Mysticobra96 on :
Well, WLV decided to break out today.
I'm a little annoyed I had a sell set for 9.74 on DXCM and it ran to 9.70 while I was sleeping. Now its down to 9.48 Posted by R1 Man on :
quote:Originally posted by Mysticobra96: Well, WLV decided to break out today.
I'm a little annoyed I had a sell set for 9.74 on DXCM and it ran to 9.70 while I was sleeping. Now its down to 9.48
Its happens to all of us.....that is why I stopped being greedy!!!
Posted by Mysticobra96 on :
Yeah, I was trying not to be greedy. The 20ma is over this stocks head around 9.90 so I figured it might run to 9.80 O well, theres still some time in the day left. Maybe enough for another good push to my sell point. Posted by R1 Man on :
UBET.......$3.27.......BUY
Posted by fourseven on :
quote:Originally posted by R1 Man: UBET.......$3.27.......BUY
chart looks nice, gapped down on volume, it may just try to fill it. but didn't they outlaw online gambling in the us?
Posted by Mysticobra96 on :
I'm looking to buy VXGN tomorrow. Maybe TVIN in a few days when the 5ma crosses back above the 20ma. I'm trying to get VXGN around 1.67 but I don't want it if it dips below 1.65
Posted by fourseven on :
Couple of breakouts for tomorrow: SLR and ZHNE
Posted by abram on :
FUEL
Posted by Mysticobra96 on :
I'm still waiting for VXGN and TVIN to make their moves. In the mean time I think tomorrow I will be jumping in OSTK. Should take a look at it lots of potential for a few days I think.
O yeah a good entry point I think is 13.60 Just watch it in the morning and make sure it doesn't dip below 13.50 but I think it should hold. Should be good to almost $16.00 Thats a +15% gainer I think here.
Posted by Mysticobra96 on :
Another one to watch is EMIS a good entry should be around $5.35 if it drops down there at all. I honestly would probably be happy picking it up under $5.50 cuz its got no resistance up to almost $7.00
Posted by Mysticobra96 on :
Just did some research and OSTK is on the SHO list so be careful, but it could make a good run if it comes off the list.
Posted by R1 Man on :
quote:Originally posted by fourseven:
quote:Originally posted by R1 Man: UBET.......$3.27.......BUY
chart looks nice, gapped down on volume, it may just try to fill it. but didn't they outlaw online gambling in the us?
No clue......if they did........then it would be lights out for numerous companies. I have buddy's that play poker online for real money. I will look into it when I get a chance.
Posted by ladybird on :
Look for dips on ARTX, CPST, and IBIS. All are low on the charts and are showing signs of life.
Yeah, I'm keeping an eye on Fuel too, Abram.
Posted by R1 Man on :
I hope many of you jumped in ONT........$0.87 now.
Posted by ladybird on :
Yeah, ont is moving. Good call, R1.
Posted by BottomFinder on :
lady I really like CPST here...already at avg days volume. Grabbed 5k shares just now.
Posted by ladybird on :
Good for you, BF. I'm going to grab a few more shares of CPST. IBIS went crazy today. Went down to 2.16 and then way up to 2.77. I bought in yesterday at 2.30 and sold today at 2.55. Not bad.
ARTX had a good run Mon - Wed. but I missed that train. Keep an eye on it though. It's backlogged with orders for armor. All my company investments should have such problems.
Posted by ladybird on :
This is to the TA chart gurus on this site - what do you make of MAMA? That is one wild stock.
Posted by Mysticobra96 on :
MAMA would have been great to own yesterday! Today I don't know it hit the top of the bollinger band and came back down. It could keep running or could retrace, tough call from here. Maybe try to day trade it.
BTW, I have to throw out the fact that I called LOD on OSTK yesterday at $13.60 Hope some people took my advice as I did. I didn't wake up in time for the 13.60 so I caught it on the second dip down to 13.66 Its hanging up around 14.35ish nicely. I'm happy with a little 5-6% gainer over two days so far.
TVIN finally broke out today, hope some people were keeping an eye on it. It should run for a bit probably til at least $3.00 I was hoping it would wait til I got out of OSTK, but o well I'll find another. I just had some attachment to that stock since my x g/f's dad (who got me in to stocks) made a few million off that stock. He bought in back around $.10 and rode it up to $4-5 Maybe I'll make some money on it next time.
Don't know if anyone watched the EMIS stock I called awhile ago but it has been on a tear lately too!
Hope everyone has a great weekend. Try not to party too hard like I did last night! Cuz now I don't get to drink til tues cuz I went overboard last night. Hope next week is good to me as its my bday week! I want a big runner for my bday!
Posted by Balttrader on :
Happy Birthday and keep up the great TA work!
Posted by stockmman on :
MDVX new 52 week high on Friday. Some thing GOOG, YHOO or MSFT is eyeing them.....
Posted by ladybird on :
Hey Happy Birthday, Mystic! Hope you have a great week!
MAMA is a rollecoaster. I'm just trying to get opinions on what people see as patterns.
Good call on EMIS.
Posted by amanick on :
APT is worth the watching its been swinging a bit made some quick cash but i think it will go higher.
bought in on some ronc not sure how that will swing but i'd keep an eye on it
Posted by cpeed on :
I havent been able to get on here lately because im finishing up a bachelors. One stock I watch, and have bought the last couple of times it has gone down to this level is TCLL. Also, one that R1MAN brought my attention to, DROOY, is an amazing swing play.
Posted by R1 Man on :
APT........one of my very old picks. I would be hesitant on buying. Sure they're making money but how much more do you think it could go up. I would say no more than $2.75 within the next 3 months. Its already at $2.40 so you looking at a possible 15% gain.
Drooy.......this is only good for a few more months then it should crash. Gold follows a trend where it peaks from Oct-Jan and crashes from Mar-Jun. Consider that, but right now it opened at $1.25 and closed there also. Might be time to hit $1.30 or just go lower.
I have been very busy and my account has suffered because of it. I'm planning on dropping 1/2 my value in ONT next week.
It looks like we have some originals back in action here (WB amanick) and we have a pretty good team. Mystic you have been awesome man. You have really stepped up to the plate, keep up the good work and take a break once in a while man. You deserve one.
Everyone enjoy Thanksgiving and have a safe holiday. And those of you going shopping.....have fun....I will be buying a FLAG POLE and FLAG so all these MICHIGAN FANS here in MICHIGAN can see my OHIO STATE BUCKEYES FLAG when they drive by. Looking to buying a 15 x 9 flag.....somebody is going to be pissed off.....lol. Anyways, enjoy the shopping and remember......there are a lot of grumpy people out there, so watch out!!!
Posted by fourseven on :
PDRT on the rise..
Posted by Mysticobra96 on :
This isn't one of my usual plays, but I like the looks of it. The stock is PHMD, I will be looking to buy it in the am as long as the low doesn't go below $1.08
Posted by BottomFinder on :
lady I hope you held your CPST shares, great news....should be a good day
Posted by ladybird on :
Thanks, BF. I did. Hey take a look at GRIN - international toy company. I wish I would have bought some on Mon. They had a bit of a run. Anyway, I don't think they're done yet, especially with Christmas coming.
Posted by Mysticobra96 on :
Well, I stayed out of PHMD today just because after reviewing the charts it looks like its going to trade between its 5 and 20 mas. I don't like to buy stocks until I know they are going to move up, so I decided to stay at cash.
Guess what popped up on my filter today though...FUEL It looks like it might be a great play down here and I will be watching it tomorrow to see if I'm going to jump in it.
Posted by fourseven on :
quote:Originally posted by Mysticobra96: Guess what popped up on my filter today though...FUEL It looks like it might be a great play down here and I will be watching it tomorrow to see if I'm going to jump in it.
Yes, FUEL had a good day today. It could keep moving up, on the general oil upsurge. At least I would hope so, having a long position in it Posted by Balttrader on :
I like the looks of ONGO, setting up nice for a bottom swing up.
Posted by fourseven on :
FUEL had a second strong day, on increased volume and HOD close, just above 20-day EMA.
I think the next stop is near 1.65.
Posted by Mysticobra96 on :
Well, I just started working on a new filter. My old one is working fine as you have seen with most of the plays, but theres too much decision making by me in it. I have only tested the new one today, but it was super successful.
The picks it chose were EGOV, ODSY, FRED, and SYNM. If you bought these stocks the the close yesterday they gained: 6.24%, 1.31%, 2.70%, and 4.35% respectively. The ones that gained the most happened to be under $5 and the lower gainers were over $10.
The pick that this system came up with for tomorrow is UWN. Now remember this is a very unproven system so if you decide to invest in this stock I'm of no help to you on entry/exit points nothing. I'm going to keep working on this though trying to perfect it and I will keep you guys posted.
Posted by amanick on :
GBRC is a swinger but be careful
Posted by ladybird on :
Hey Mystic, how do you use that filter thing?
Posted by Mysticobra96 on :
Its just stockfetcher.com
Well, its looking pretty promising. EGOV is up 12.25%, ODSY is up 2.05%, FRED is up 1.31%, SYNM is up 8.70%, and the only one thats down is UWN down 1.30%. All add up to a total gain of 23% over 2 days divided by 5 stocks is still an average gain of 4.6% in two days or 2.3% a day so far. GOD I ONLY HOPE THIS IS THE NORM FOR THIS FILTER. What I could do with 2.3% return a day!! Now don't think I'm dumb enough to believe that its actually possible but if you could make that return every day even w/$20 commission a day it would turn $1000 into over $500,000 in a year! LOL I love teasing myself
Now so far its even better if I filter for stocks under $10. Then my total gains would be 19.65% divided by only 3 which is 6.55% over two days or 3.275% per day. HAHA it just keeps getting better. Now that turns $1000 into $4.8million I guess I could live with that.
Ok I'm done screwing around, hope everyone had a good week and maybe played some of my picks and made some money. Have a great weekend everyone I know I'm going to party like its 1999!!! Hope you all do the same.
Posted by Mysticobra96 on :
O yeah I almost forgot, based on this system so far they are all holds through Monday except UWN. Try to get out of that one either at the open if its up or sometime throughout the day w/minimal losses. To track it on my system I'm going to sell it at the open and close and keep track to see which is the most profitable. For now I would say sell at the open though.
Posted by amanick on :
Anyone tap into gbrc yesterday did great today. let me know if anyone else got in it
Posted by Jenna on :
Drooy - my pick -don't buy higher than 1.12 though....just my 2 cents Posted by amanick on :
GBRC should swing today but I believe we will see a big drop first before the swing. I am not sure this will go much higher
Posted by amanick on :
Can someone look at cort and let me know what they think on a swing? I dont think this will be allowed to be delisted and it may or may not have the potential to go back to the 1.00 range soon.
Posted by amanick on :
R1 im not so sure about APT not going any higher. Its been on a steady climb. I think we may see about 2.60 to 2.75 range pretty quickly in weeks rather then months.
Posted by amanick on :
GBRC nice 30 cent run up this am
Posted by amanick on :
R1 sorry you been down but hang in their my freind you will be back on track soon. I been travel with work and havent had time to post.I did play gbrc and apt and about to plunge into cort real soon. gbrc is pretty much out of the water as of now is what im thinking but I got a good feeling on cort. Its got a low float and the compoany has been around a while and dont think it will allow itself to be delisted which should boost it for a quick.10 before the delisting date. if you get a chance give me your feel for it. Apt treated me nicely today and Im going to pay it a bit tommorow to see where we are at w ith it. good luck to you.
Posted by Mysticobra96 on :
Watch SCOX. Try to pick it up around $.93-.94 If you see it drop below $.91 forget about it.
Posted by T e x on :
lol..like telling someone on the bus to get off "two stops before I do..."
Posted by Mysticobra96 on :
I'm saying watch it and if it dips to .93-.94 watch it closer. If it continues to fall to .91 buy it as it rebounds back up through .93-.94 but don't buy it if it keeps dropping from there.
Posted by The Don on :
Check out wire...looks good for 15-20% in the next month. Chart looks primed to take off!
Posted by T e x on :
quote:Originally posted by Mysticobra96: I'm saying watch it and if it dips to .93-.94 watch it closer. If it continues to fall to .91 buy it as it rebounds back up through .93-.94 but don't buy it if it keeps dropping from there.
ok, that's pretty specific...glad we got that straightened out...
Posted by Mysticobra96 on :
Well, SCOX did well but never came down much to buy. Tomorrow it still could be a buy if you can get it around $1.00-1.01 would be great. If it falls below that price leave it for another day.
Another stock to watch is DRL. Keep and eye on it in the morning and make sure it stays above $2.85 but I don't really see it coming close to that so this stock should be a buy as low as you can get it tomorrow.
Posted by R1 Man on :
quote:Originally posted by T e x:
quote:Originally posted by Mysticobra96: I'm saying watch it and if it dips to .93-.94 watch it closer. If it continues to fall to .91 buy it as it rebounds back up through .93-.94 but don't buy it if it keeps dropping from there.
ok, that's pretty specific...glad we got that straightened out...
T e X.....I see your still having fun.
WTH is up with NWACQ.......its gone from <$1.00 to >$6.50 in just over a month. Are they crazy......after losing just under $18,000 years ago on KM, I'm not touching Chapter 11/7 stocks anymore. I don't understand why people would buy that stock when there is the possibility of exiting bankrupcy with NEW SHARES....cancelling the old shares.
CORT..........undecided. They have $17.5 million in cash to hold the fort down but they can't afford another hit. As for getting delisted.......youhave until May 9th so plenty of time. They should have their phase III results out by spring. I would expect them to release them in Feb. Its a risky play but could be rewarding or a death blow.
Posted by R1 Man on :
ONT.......getting ready to explode.....Hit a new high $0.94. Bailing out at $1.30.
Posted by ladybird on :
Where you been, R1?
I'm going to take a closer look at ONT. Here are some good short-term (2 week)swings - UFI, ARTX, PLPX, IBIS.
That flippin MAMA shot up from around $2.40 to over $4 yesterday. Crazy. I wanna play it but I'm too chicken.
Posted by ladybird on :
Sorry, correction on PLPX - I meant PXPL.
Posted by R1 Man on :
Been busy. laid off now but the wife has me doing everything.....everytime I sneak on the computer, she complains and says take care of Justin (newborn son) so she can have a break. I only get to look on here at night lately and that is only a few minutes....maybe an hour at the most.
Posted by ladybird on :
Yeah, post-partum blues are for new fathers too. Big change with first baby. Why don't you negotiate? Take the baby for an hour for an hour of computer time with no nagging.
Posted by R1 Man on :
Doesn't work like that, I have night duty watching him....and partial day duty.
Take a look at MCEL....$0.87
Volume on ONT has almost trippled. Getting lots of attention.
Put CRIS under watch....been battered pretty bad.
Posted by Mysticobra96 on :
Ill be watching DDD tomorrow.
Posted by The Don on :
imo ONT will drop to .84 then rally up to 1.10ish, I will pick her up around .84-.86
Posted by amanick on :
APT nice swing today (0.16 )so far really impresed with it . R1 we got up there pretty quick with it. I think this is playable for the next coule of days.
Posted by amanick on :
got out of apt couldnt resist the money will buy again next drop. we hit the 2.75 range as R1 has mentioned but a lot faster then we thought
Posted by fourseven on :
hey amanick, just looking at the APT chart.. nice big volume, and a breakout past a major resistance level. it might be trying to fill that gap from way back in fourth week of march.. if that's so, it'd be good till at least $3
Posted by amanick on :
its possible but i need some cash i may hit it again during the week. I bought into cort which has been on the ups and down im looking for another upward trend.
Posted by fuzzcloud on :
ONT picking up steam... closed at 1.17, up 25% on 6.75 million volume. Now the question is, where does it go from here?
Posted by amanick on :
cort had a decent run today and I wont be able to play it again till i get back in february from my trip so I hope someone keeps up with it and make some cash. Bought more of ronc to hold till i get back its been doing pretty good as well.
Posted by Mysticobra96 on :
Very nice call on ONT. Did they get news? 25% is a big move in one day w/o news! I'll be watching EMA tomorrow. Looks prime for a good move Posted by R1 Man on :
quote:Originally posted by Mysticobra96: Very nice call on ONT. Did they get news? 25% is a big move in one day w/o news! I'll be watching EMA tomorrow. Looks prime for a good move
ONT was a easy pick. Especially when I saw the 3 year chart with the nice 70%+ spikes at the end of the year-beginning of January. My exit point is around $1.30.....could see it hit $1.50 but I'm happy with the 55% I will make on it. Now only if I had bought this at the beginning ($0.64) instead of that damn FUEL stock. Well, congrats to all that bought. It hit $1.18 today.....but the real spike will come 1st 2 weeks of January.
Posted by R1 Man on :
ONT......$1.14 AH Posted by R1 Man on :
$1.25 HOD so far........Up another 10%.
Posted by R1 Man on :
$1.36 close......and $1.39 AH. My sell is $1.40 but might push for $1.45.....???? So far its up over 100% since target entry (0.67).
Hope everyone jumped on this ride......about time to get off now.
Posted by R1 Man on :
Sold all my ONT * $1.40. Made 56% on one account and 68% on the other account. Pretty good. Make sure you all put this on your radar for December of 2007. 3 years in a row now with BIG spikes the 1st 2 weeks. I will start doing screens again this week.
Hope you all sold with pockets overflowing with profits.
Posted by oldblue2 on :
picked up vral .065 this morning then it came out with news
VRAL has identified two key peptides involved in its thymus nuclear protein or "TNP" technology currently under development for the treatment of HIV/AIDS. The active components of VGV-1, Viral Genetics' lead drug candidate based on TNP, were discovered by independent research laboratories and additional studies to confirm these findings are currently underway. The compounds identified include two classes of peptides (small protein fragments) that occur naturally in a variety of mammals, including humans. While both have been studied and reported in the scientific literature predominantly as markers, their therapeutic uses have not been actively pursued to date. In published studies, one of the peptides has been characterized as an immune modulator, possibly possessing natural antiviral and anti-infective properties. Researchers have also identified an association between levels of this peptide and certain viral infections and cancers. "From a scientific perspective, this may be a very important discovery for Viral Genetics and, if confirmed, could shed insight into our understanding of TNP and VGV-1. By having the active components isolated, we should be able to identify the mechanism of action and determine optimal dose. These are critical requirements in the process of improving the antiviral effects of the product and moving towards US clinical trials," said Dr. Eric Rosenberg, Chairman of the Company's scientific advisory board and Associate Professor of Medicine at Harvard Medical School. "While these results are preliminary and we are working rapidly to confirm them, this is a significant milestone for Viral Genetics and could greatly accelerate our development efforts in the United States and worldwide. Our hope is that the broad body of existing knowledge on the active compounds in the literature may also enhance our drug development pipeline," said Haig Keledjian, president and CEO of Viral Genetics, Inc. In recent studies, a reduction of HIV viral load was observed in a subset of patients after treatment with VGV-1 versus patients receiving placebo. As reported in the Company's poster presentation at the 2006 XVI International AIDS Conference, VGV-1 treated subjects also demonstrated apparent beneficial immunological changes when compared with placebo. The World Health Organization estimates approximately 40 million people are now living with HIV. Even with the available treatments for AIDS, there are large numbers of people that need alternative therapies and hope remains that progress will be made in discovering new therapies that bolster patients' immune systems. About VGV-1 VGV-1 is a therapy based on thymus nuclear protein which is extracted from bovine thymus tissue. As a type of immune-based therapy, it focuses on boosting the immune system to allow the body to fight HIV more efficiently. Thymus nuclear protein technology has been studied in five human clinical trials for the treatment of HIV infection and AIDS. About Viral Genetics Viral Genetics, Inc. is a biotechnology company that discovers and develops immune-based therapies for HIV and AIDS using its thymus nuclear protein compound. This compound may have other potential applications for other infectious, autoimmune, and immunological deficiency diseases that the company intends to study in the future. Viral Genetics believes that VGV-1 represents a significant and unique approach to treating HIV due to the apparently novel mechanism, low toxicity profile, simple dosing regimen, and short-course of treatment. Online at www.viralgenetics.com For additional information, please contact Viral Genetics at 626-334-5310. This news release contains forward-looking statements that involve risks and uncertainties associated with clinical development, regulatory approvals, and other risks described by Viral Genetics, Inc. from time to time in its periodic reports filed with the SEC. VGV-1 is not approved by the US Food and Drug Administration or by any comparable regulatory agencies elsewhere in the world. While Viral Genetics believes that the forward-looking statements and underlying assumptions contained therein are reasonable, any of the assumptions could be inaccurate, including, but not limited to, the ability of Viral Genetics to establish the efficacy of VGV-1 in the treatment of any disease or health condition and the development of studies and strategies leading to commercialization of VGV-1 in the United States. Therefore, there can be no assurance that the forward-looking statements included in this release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the forward- looking statements should not be regarded as a representation by Viral Genetics or any other person that the objectives and plans of Viral Genetics will be achieved. SOURCE Viral Genetics, Inc.
Posted by oldblue2 on :
bought in to PPHM at 1.10 they have news out today also
Posted by ladybird on :
Nice ride on ONT - made a few bucks. Thanks, R1. Congratulations on your profit.
Posted by Mysticobra96 on :
Might want to check out CERS it looks like it could make a good run to $6.50 or so here soon. Its as support right now in the $5.30's I think I will be buying it tomorrow as long as it stays in the $5.30's and doesn't go into the $5.20s.
Posted by R1 Man on :
quote:Originally posted by oldblue2: bought in to PPHM at 1.10 they have news out today also
Just wanted to point something out here......if you look at the chart from 2005 to current.....you will notice a spike taking place mid January-February. Might have something here. Good find.
Posted by R1 Man on :
VRAL.....I think you might get $0.07 but any higher.....you will likely sit a while on it. I would drop this one.
CERS......I agree with your prediction.
Posted by R1 Man on :
quote:Originally posted by R1 Man: INNO.......don't buy now but this has really made some progress. Up 17% today and could make it back to $1.00 but will have plenty of resistance.....wish I had bought in when I was debating on it ($0.44)....I would of dropped $10,000 in it.
Was $0.50 then......now its $1.00. Don't touch now!!
Posted by R1 Man on :
NXXI....$1.73.....worth a look.....maybe it will keep moving up into the $1.95-2.10 range......MAYBE.
TKO.......put it on your list to watch.....but not saying buy/sell it. Look at the roller coaster swings over the past few years. Will have to keep on eye on it for the next ride.
WYY........just like TKO.....roller coaster stock.
XJT......$8.98.....check it out....could see $10.50.
MII......$0.70.....Could rocket up in the next few months. Look at the chart for the past 5 years......I shot up every year around February.....but 2003. A small risk...maybe $1,000-2,000. Not sure if I would risk anymore then that.
Back to taking care of my son.......good luck all.
Posted by R1 Man on :
quote:Originally posted by R1 Man:
quote:Originally posted by R1 Man: INNO.......don't buy now but this has really made some progress. Up 17% today and could make it back to $1.00 but will have plenty of resistance.....wish I had bought in when I was debating on it ($0.44)....I would of dropped $10,000 in it.
Was $0.50 then......now its $1.00. Don't touch now!!
Damn.......$1.10.......another 10% gain. The reasons are: They got a extension for compliance from the NASDAQ and they had a Xchange conference on Thursday.
I guess I feel that this could be a good day trader at the momment....the days range was $1.04-1.22. But for a swing.......uncertain!!
Posted by R1 Man on :
quote:Originally posted by R1 Man: XJT......$8.98.....check it out....could see $10.50.
MII......$0.70.....Could rocket up in the next few months. Look at the chart for the past 5 years......I shot up every year around February.....but 2003. A small risk...maybe $1,000-2,000. Not sure if I would risk anymore then that.
Back to taking care of my son.......good luck all.
Will be dropping a few bucks in each. Looking for the bottom on MII. Any imput would be nice. But XJT.......yeah......I'm sure we will see $10.50 for a 17% gain.
Posted by R1 Man on :
QTWW......$1.66 Take a look at the chart......even though they have been going downhill, they still have a pattern. Look at the SPIKES at the 1st quarter of the past 3 years. If you would print the chart off and cut it in years and lay it ontop of the year before, you will be suprised as to how close they look. Not saying buy or anything, but definately worth a look.
Posted by oldblue2 on :
vral hit .09 that next day that was enough for me to get out
Posted by R1 Man on :
You sold on the SPIKE then on the 9th.....nice job!
Posted by oldblue2 on :
thanks R1 hows the son doing ?
o hey i am thinking about getting a dodge dully with a 5th wheel can i get that from the dealer or is that special order ?
whens the best time to buy a truck like that ?
anyways good luck with the son
Posted by R1 Man on :
FDX........$108.96.......upgraded to overweight.......sorry.......took off 2 fast.......$112.25 now since typing.
Posted by R1 Man on :
MAS.......$30.91......upgraded to buy.......exit is $33.
Posted by R1 Man on :
MNRO......$36.12......20% gain in sales. Will be active today.
Posted by R1 Man on :
SIRI......$4.20 now......will be active the next few days as well. Upgraded to buy from SELL.
Posted by bigpoppa on :
hey R1 your a very smart guy, i have been paying attention to your predictions and you are very good, not like some of these people on this board. i know you dont deal with pennies but can you give me some input on PLRS.
Posted by R1 Man on :
quote:Originally posted by R1Man: PLB.........$3.61.....not sure if I would touch this one though.....it has CRASHED the whole year....was worth over $40. What a disaster!
CHTR......$1.02.
ITCD.......unsure on entry....exit is $1.18-1.22
I'm looking back to my OLD OLD picks from late 2005-early 2006.....WOW.........wish I had bought and held some of these.
CHTR.....$3.56....up 249%
PLB......$9.54....up 164%
ITCD.....$2.54....up 115% from my exit point.
Its hard to keep track of stocks on here.....wish I wouldn't be so lazy and start adding them to my watch list.....which most of them are but I get lazy by not adding the price of 1 share. That allows me to see what % change it has done since posting.
Posted by R1 Man on :
quote:Originally posted by bigpoppa: hey R1 your a very smart guy, i have been paying attention to your predictions and you are very good, not like some of these people on this board. i know you dont deal with pennies but can you give me some input on PLRS.
Its a DEAD BEAT stock.....has huge LOSS in cash flow.....and no signs of a turn around. If you own it......sell it for your loss and move on.
Thanks for the comment. I know......I hate reading a lot of the people's posts on here....so many are CLUELESS or out to SCREW you. My philosphy is.......if I help you all make money......one day it will pay back 10 fold because everyone is doing well, we become a TEAM, everyone contributes to picks and suggestions, and the GROUP as a WHOLE performs well. So far its been AWESOME. We have some great people on here that from time to time....they throw out some JUGERNAUT picks.
Good luck on your stock but I would be selling.
Posted by R1 Man on :
GNTA......$0.52.....Day trader 2day. Up 20% already. Not a buy and hold stock.
Posted by R1 Man on :
If I did pick a penny it would be AGSI....$0.06....out at $0.07
Posted by ROOFER on :
RI-- KEEP UP THE GOOD WORK-I'M NEW AT THIS BUT LOVE WHAT YOU DO--WHAT DO YOU THINK OF ARDI-- GOING HIGHERI-THANKS ROOFER
Posted by paulde0 on :
RI-- I,m a newbe also, thanks for your info...been watching your posts 4 some time.. any advice on PUDC ? thank PD
Posted by paulde0 on :
made some $ on npws last year, looks like it might come back around ounce again, worth alook.
Posted by Mysticobra96 on :
NPWS would have been great to pick up in the $.90s but at these prices $1.00+ its just too far away from its 5ma of $.92 to consider. I would say in the next few days you should be able to pick it up cheaper based on the charts. If you own it already I would say put a profit stop just under $1.20
O btw, I made a clean 10% gain on CERS today. It may continue to climb, but I sold at $5.85 and I figure if I want I can probably buy back in cheaper than that. Its so crazy coming from penny stocks to swing trading b/c w/pennies 10% in one day, I would have laughed at that like it was childs-play. Now I'll take it everyday and twice on somedays!!! I love the stability here and the ability to actually get out at the price the stock is at. Swing trading is the best way to trade for me by far. No sitting around all day watching stocks. I put in a buy the night before (I know kinda risky but I hate waking up early Then whenever I sit down and the stock is at or above my sell point I sell. I hardly spend anytime on the computer and I love it!! GLTA hopefully, I will find a new play soon.
Posted by Mysticobra96 on :
Well...it looks like I wasn't greedy enough and sold CERS a little too soon. If you still own it I would hold out til about $6.40 since it broke the 20ma. I thought it was going to hit its head on come back down since it gained so much today. But, I underestimated it and now that it has broken the 20ma the only thing in its way now is the top of the bollinger band at $6.40 Hope some of you still own this, I know I wish I did. Could make its run to $6.40 early in the a.m. if it doesn't do it early look for it to retrace to the $5.70's at least. GLTA
Posted by oldblue2 on :
quote:Originally posted by bigpoppa: hey R1 your a very smart guy, i have been paying attention to your predictions and you are very good, not like some of these people on this board. i know you dont deal with pennies but can you give me some input on PLRS.
uncalled for just ask for advice dont put anyone down
thanks
Posted by Mysticobra96 on :
Bigpoppa: R1 probably won't even answer that question because pennies are day trades not swing trades. If your not sittin at the computer all day its almost impossible to take advantage of their runs because they fall so fast. This makes charting them a complete crap shot. He can tell you the stock is going to go up, the stock could go up a ton and you could still lose money because by the time the sellers (ie. the company) steps in and sells it's shares the price will be smashed. Now this isn't always the case, but most of the time.
To be honest I don't play pennies because I don't have the time or the nerves for them. I would be breaking my computer everyother day. But, from what I understand of them its best to find one that has really good news catch a little run and walk away. Most ppl in pennies are looking for huge gains and will sit and wait through 20%+ gains hoping for more. If your smart and conservative you could step in and sell before the big boys sell and get some profits. If I had spare gambling money thats what I would do at least. Actually, I wouldn't I would play poker like I do. (I do have a better chance at winning at poker also)
Posted by Mysticobra96 on :
I had a pretty good strategy for pennies before I gave them up incase anyone wants to try it. I bought the microcaptrade thing. Then I had my min/min chart up. When the rsi(5) got under 10 I would step in and try to buy as long as the L2's looked good. Then I would watch it run up and sell that day. I made some good gains as much as 50% in 10 mins. I had the microcaptrade filtering stocks with 20% more gain and $50000 worth of volume. The problem is you have to sit and wait for stocks that are up to retrace and then you have to try to jump in at just the right time. Most of the time its very hard to fill your buy, but if you can you can usually make some good gains. GLT anyone that wants to try it
Posted by R1 Man on :
quote:Originally posted by R1 Man: CERS......I agree with your prediction.
Didn't you read this Mystical?? You said $6.50.
Posted by R1 Man on :
quote:Originally posted by R1 Man: NXXI....$1.73.....worth a look.....maybe it will keep moving up into the $1.95-2.10 range......MAYBE.
TKO.......put it on your list to watch.....but not saying buy/sell it. Look at the roller coaster swings over the past few years. Will have to keep on eye on it for the next ride.
WYY........just like TKO.....roller coaster stock.
XJT......$8.98.....check it out....could see $10.50.
MII......$0.70.....Could rocket up in the next few months. Look at the chart for the past 5 years......I shot up every year around February.....but 2003. A small risk...maybe $1,000-2,000. Not sure if I would risk anymore then that.
Back to taking care of my son.......good luck all.
NXXI.......$1.90. Up 9.8% since pick.
XJT........$9.55. Up 6.3% since pick.
MII........$0.72. Up 3% since pick.
Posted by R1 Man on :
quote:Originally posted by R1 Man: MNRO......$36.12......20% gain in sales. Will be active today.
MNRO.......$37.56 close. Up 4%.
Posted by Mysticobra96 on :
I know but rsi(5) was almost to 75. If it opens up tomorrow morning well thats all she will get before dropping back down I think. She will probably come close to $6.50 She just gained too much to fast for me and I couldn't leave in on the table because last time she gained like 7% I think in one day then went back down 3-4% the next day. But, the way the day ended I wish I stuck it out for a gapper. O well, on to the next.
Check out RMTR. I'm puttin in a buy for $2.78
O btw, I made a great call for my friend he owes me dinner. I told him to drop RACK which he had $10k in an hour before market closed and ah its down over 30%+ He owes me big time!!!
Posted by Mysticobra96 on :
Any idea on a sell point for RMTR. I don't see much that is clearly defined by the charts, so I'm kinda thinking $3.25 what do you guys think?
Posted by R1 Man on :
quote:Originally posted by Mysticobra96: Any idea on a sell point for RMTR. I don't see much that is clearly defined by the charts, so I'm kinda thinking $3.25 what do you guys think?
Nice job saving your friend butt. I do that for my friends and they get lazy and forget to do that stuff, then they get mad at me since I didn't MAKE them sell stock XYZ. I swear.......that is what bugs me most about helping others.......they get pissed when the tide comes in.
You like finding stocks that I would avoid. However, this company lost ground because of an earthquake in Tiawan that caused lower earnings. I don't think you will get in Wednesday at $2.78. It will be close but doubt it. I do think the $3.25 is a good call.
Posted by Mysticobra96 on :
Yeah your probably right I saw I think the 200ma at $2.77 and it dipped below it the last 2 days so I was hoping it will come down to it again, but I'm probably pushing my luck and I might have to pay the low $2.80s for it.
Yeah I like finding stocks that have dipped a lot that way I feel if I can get just half of what they lost I would be more than happy. So, far it has been working out great for me. All my plays since I have started this strategy have made me money (knock on wood). My first was DXCM, then OSTK, and now CERS. I have picked many others, but I can't remember any others off the top of my head that I actually played. I get in party modes and get away from my stock goals. My new years resolution is to MAKE MONEY THOUGH! So, much less partying and more investing!!!
Posted by Zsartell on :
I have been trying to get into Penny stocks for a while now, but I just don't have the extra time to commit to it. I really like the way swing trading works. It seems a bit less risky. Penny stocks are so unpredictable. I look forward to being able to contribute to this group.
Posted by Mysticobra96 on :
Well...I did some more hunting for stocks and I think I found a better play tomorrow than RMTR, so I'm going to try to pick up HGO tomorrow. Now I just need to workout what I think it might dip down to so I can pick some up.
So keep an eye on HGO!
Posted by R1 Man on :
quote:Originally posted by paulde0: RI-- I,m a newbe also, thanks for your info...been watching your posts 4 some time.. any advice on PUDC ? thank PD
Pass on that one. No real volume and its pretty much a FLAT LINER.
Posted by R1 Man on :
quote:Originally posted by R1 Man: If I did pick a penny it would be AGSI....$0.06....out at $0.07
Hit $0.07 today. But I really don't want to get into penny stocks.
Posted by R1 Man on :
quote:Originally posted by R1 Man: Take a look at MCEL....$0.87
Well, the tide has come in with $$$. $1.17....up 35%.
By the way Mystic......RMTR never dipped back into the $2.80's. I thought it would hit $2.85 or so but $2.92 was the low. Maybe we will see $3.25 next week......????
Posted by Mysticobra96 on :
Will try to buy ATA tomorrow.
Posted by bb money on :
Might I ask you why you are considering buying ATA tommorrow Mysticobra. Not wanting to bash or anything just looking for your opinions. I usually trade pennys but am going to start to trade the big boards a little again to get some more experience. Anyways here is my take on the chart. RSI is a little high at 51.95 usually like to see it a little more oversold also A/D is going down and the MACD is below 0. Now all these things I don't much like but the one I do like is if this were to move around the 1.20 range that would cause the 50day MA to cross the 200 day MA which might take this thing running into the $2 range. Anyways want to get your feelings on this and see why you like it.
Mainly because I'm running a new filter and it picked it out. The MACD is below zero but it its higher than it was yesterday. RSI(5) is only at 48 and when it gets over 50 is when the stocks usually start a good uptrend. I agree this isn't my usual bargin basement hunt that I look for. Its also at support if you draw a line on your chart (I would but I don't know how to post it) you can see that its at its 3rd support. The first was (I'm just eyeballing it off your chart) $.42's then $.8's and now $1.00's. The main thing I like about it is the stock has been beat down a little since its run to $2.40 and it got a good kick in volume today. I'm not saying its going to skyrocket tomorrow by any means. It may trade between 1.04 and 1.08 for a day or two as the MA(5) comes up but I think either tomorrow or the next day should be a good buying opportunity as I see this going to 1.30+ by the end of next week. JMHO though its a new strategy for me, but I feel confident in it after studying it for awhile. GLTA and by all means stay out of this play if you guys feel its not the best play for you. I just let everyone know what I'm buying before I buy it.
quote:Could make its run to $6.40 early in the a.m. if it doesn't do it early look for it to retrace to the $5.70's at least. GLTA
O btw, CERS did just as I said. It went to 6.39 today and then took a dive. Wish I kept it to sell in the a.m. O well, I'm learning to take a profit!
[ January 17, 2007, 20:04: Message edited by: Mysticobra96 ]
Posted by Mysticobra96 on :
O and by the MACD below zero I think you mean the MACD histogram right? B/c the MACD is actually just above zero and trending back up. The ADX is going down but it looks to have slowed and the DI+ and DI- are again moving away from eachother as the DI+ is above the DI- which means its still in an uptrend. Aroon(5) down almost on the floor which means the intermediate downtrend is almost over and the Aroon(5) up has yet to leave the landing pad which means there should be good gains to be had ahead. Slow STO is about to break back above 20 which is good. Money flow is sitting at zero so thats null right now. CCI is about to break through zero with one more average day. O and most importantly ************* gave it a BUY-IF lol. I do actually like to see what they say every once inawhile. If I buy the day the post a buy-if or the next and sell the day before the post a sell-if I'm in the money everytime.
In a perfect world tomorrow I would have the stock go to $1.04 I would buy it there at the LOD and then for it to go to about $1.12 and close around $1.09-$1.10 This of course is not being greedy just what would make me happy for the future week of the stock. So, if it does anything close to that keep an eye on it Posted by bb money on :
Thanks for that insight Mysticobra like I said not bashing at all just wanted your take on it and you gave it, appreciate the thoughts. You guys do good on here I will probably be hanging around here a little and try to give my insight on potential plays. Anyways good luck and talk to you later.
Posted by bb money on :
Keep an eye on EMKR hit 52 week low today and the RSI is at 29 which is the most oversold it has been in two years. Twice the charts RSI touched 29 in the last two years and both times it rebounded for a nice gain. Anyways just saying keep an eye out on it not sure if it is done falling yet or not waiting for confirmation of bottom. Another good note about this stock that caught my interest is that 49% if shares are held by insiders. Anyways that just caught my attention not calling for a long term hold of this stock obviously since this is the swing traders forum. Anyways it is always good to know that the ones who are working for the company have a vested interest in the stock price. This might find bottom tommorow and will be watching to scoop some up.
Posted by Mysticobra96 on :
Just quickly checked out EMKR. I would say to give that stock a few days. Looks like it did the dead cat bounce and it should find a new bottom soon. I like to wait for the stocks to turn around before buying them. I don't catch the exact bottom but I feel there is less risk. I'll keep an eye on it but I wouldn't consider this stock until you see what it does tomorrow then possibly consider it friday at the earliest. GLTA
Posted by bb money on :
Thanks for the analysis Mysticobra definitely going to wait and see what tommorow brings for this. Definitely agree that your method of waiting for confirmation of revesal is alot safer and will be looking out for this one. Saw the bounce on this one and it is making a new low so will have to wait and see how far they take it from here.
Posted by R1 Man on :
MLS........this one slipped through my fingers. I saw the drop in price on the 9th and got distracted by the wife. Wow......could of got in for one of my usually types of plays getting in around $13.50 and putting in a sell at $16. But wow.......they got bought out and shot to $22+.
EMKR......I agree with Mysticobra.....I see $3.90 coming Thursday.
ATA.......nice summary. How long did it take to type that all out??? Well, I would consider a 1-2 day swing on this but wouldn't get caught with my pants down over the weekend.
HSOA.....my father's pick. $6.19 AH. He thinks it will hit $7.00 again no problem. I agree but think it might take a few months. I do think it will drop back down to $5.90-6.00. So I'm sitting this one out for now.
DROOY......getting cheap but I think it could get even lower.....maybe down to $0.60-0.65. If it does hit that, I'm dropping about $10,000 in it. I think I will day trade this one Thursday. Looking for a 6-7% gain. Target is $0.79-0.80 and exit at $0.85.
Posted by Mysticobra96 on :
Ha I just looked up MLS today after the close to b/c it was an old pick of mine. Man I wish I would have picked it up again!!
Drooy looks sketchy right now I could easily see it falling to $.76 tomorrow if not lower.
I type very fast so not long at all Just curious why you think to not hold it over the weekend. The delisting got an extension until nov. Other than that to me the chart looks prime for another run up. So, without bad news or financials I would say this is a go for me.
HSOA not my cup of tea at all. I see little to be gained on this one in the short term. Rsi(5) is above 75 already. Thats usually when ppl unload. I could be wrong though.
Some others just to keep an eye on near term are: RZ AZL and I still really like HGO
In fact after looking at it again I think it might be a better play than ATA. I will probably try to pick HGO up in the mid to high 4.70's but if not I'll just look for a low in the a.m. MAN I really like this chart on it! I can't believe I almost overlooked it cuz it closed down a little today!!!
Posted by R1 Man on :
HOKU......jumped in at $6.33........out with 5% at $6.66
Now this stock is a day trader.
Posted by bigpoppa on :
hey R1 is AGSI good for longterm? picked it up at .006
Posted by R1 Man on :
VLO.......$50. What do you think about sitting back and waiting for $48 and jumping in and selling at $53? Its called Valero Energy Corp. I'm not sure its it the same as the Gas stations poping up everywhere...????
Posted by R1 Man on :
quote:Originally posted by R1 Man:
quote:Originally posted by R1 Man: If I did pick a penny it would be AGSI....$0.06....out at $0.07
Hit $0.07 today. But I really don't want to get into penny stocks.
I wasn't telling anyone to buy this!!! I was just saying it would be my pick over the other guys pick. And it did what I said it would do. When I posted it, it was $0.005x0.006. I said I would of bought it at $0.006 and sell it at $0.007. It hit $0.0075 the next day. I forgot the extra ZERO when I posted it. But if I was you....I would sell it for $0.006 and move on. I however, might just buy it since its at $0.0045x0.0048. And sell at $0.0055.
You have to read and check the facts when you read posts anywhere. You just didn't realize it was already PLAYED/Performed/now a has been.
Posted by Spectacles on :
I'm new to this BB. Saw the post by R1 regarding MII. Anyone know anything about this? It looks like it might get interesting in the next few weeks. Posted by R1 Man on :
quote:Originally posted by Spectacles: I'm new to this BB. Saw the post by R1 regarding MII. Anyone know anything about this? It looks like it might get interesting in the next few weeks.
Its not going to go up much more. Hell its at $0.80 now. Up 14% since my pick a few days ago. Time to bail out!!
I guess I forgot about the chart. I do think it could hit $1.25 or so but its a guessing game. I really just look at the chart and look for patterns. That is how I found ONT. I'm not technical like Mysticobra and a few others one here, I just look for the common sense swings. But like I said, I wouldn't expose myself a whole lot with this one. Expecially now that its already up 14%.
Posted by bb money on :
Agree with R1 on that one Spectacles MII could go anywhere from here, but it definitely wouldn't be my pick if I were looking for one since it has already had its bounce and you never know when they might drop it.
Posted by R1 Man on :
quote:Originally posted by R1 Man: HOKU......jumped in at $6.33........out with 5% at $6.66
Now this stock is a day trader.
Guess I should of held longer than 5 minutes......It hit $7.34 after I sold and closed at $6.90. Should be a good day trader Friday.
Posted by R1 Man on :
I'm tempted on trying to plug HOKU 1 last time. Right now its at $6.24.....I would ride it to $6.50. Maybe even get in at $6.20....????
Posted by R1 Man on :
Nevermind....wife stealing me again.....back to work.
Posted by glenngsxr on :
Boy, if I had some money freed up, I would jump in HOKU immediately. It's sitting around 6.15 right now.
Posted by R1 Man on :
Be glad you didn't...closed at $5.50 and never made it back up. Guess my wife helped me out after all. Glenn, do you have a motorcycle......is that why the GSXR. I'm sure you know I have one by my name. Welcome to the board.
Posted by oldblue2 on :
made a mistake selling vral on the first run up its over .092 now o well
look at stsi way down cause of the lawsuit they put on the cig company i look for an early morning sell off
Posted by Mysticobra96 on :
Keep an eye on RACK its way down at its 52 week low. I wouldn't consider it til the EOD though make sure its reversing.
HGO is still looking strong.
ATA looks kinda weak, but $1.00 is holding though
CERS looks good again too. MA(5) just crossed over MA(20)
I will either be throwing some money in RACK, CERS or HGO tomorrow depending on how low I can pick up any of them.
Posted by Mysticobra96 on :
I will be watching STSI for a future play, but not yet for me.
Posted by oldblue2 on :
yea stsi would just be a quick bounce if it gets low enough for my buy in buy it on the low and sell it when it runs up but i wouldnt hold it
im also looking at nbr for a long term buy
Posted by glenngsxr on :
Yeah, I race gixxers for suzuki. I have one that I own and two that suzuki leases to me. I race in WERA series and AMA series. Glenn
Posted by bigpoppa on :
What do you guys think about ACTC?
Posted by Mysticobra96 on :
I just had my friend get out of ACTC at $1.03 so I obviously don't think its ready yet JMHO
I'm waiting for RACK and STSI to start to turn around.
My other picks HGO, ATA don't look so good after today. I waited til the EOD to look at them and decided to keep my cash.
Some new plays you guys might want to check out are FORG and QPSA.
I'm working on trying to find a good day trading system to make some money between swing plays. So, far not any great luck. I don't have access to min/min charts anymore since I don't trade enough for Etrade to give me that anymore. I find it better not to use it swing trading anyways b/c I'll always find a reason to keep waiting to buy and it will just keep going up and I never get in. But, for daytrading it would be more helpful. My plan is to try to find the stocks that are running early in the a.m. that dip a little and set a buy stop order and then sell at the EOD or beginning of the next day. Anyone got any ideas for a filter?
Posted by oldblue2 on :
my buy order for stsi was 1$ but it opened at 1.05 so i missed it
i bought NBR aT 30$ sell order at $31.00
Posted by oldblue2 on :
finially dumped KUHM in at .045 out at .060
Posted by Mysticobra96 on :
Wow, I must say don't listen to my picks I'm ICE COLD right now! I'm glad I haven't bought any of my own picks since I've been sleeping in so much!
Rack and STSI both made moves today, but those weren't the moves I'm looking for. I expect both of them to continue to fall after this. RACK ran into the bottom of the bb and it looks like its going back down. STSI tried to make a run back up to early also, and it looks bleek for it too. Would have been good daytrades, but like I said I'm waiting for a REAL turn around not a head fake. GLTA
Posted by glenngsxr on :
anybody looking at Hoku!
Posted by bb money on :
NFLD started reversal today chart is looking great on that one.
Posted by Mysticobra96 on :
I agree w/you bb NFLD looks good. Keep an eye on EMKR tomorrow too. I'll be trying to jump in one of these whichever one dips a little in the a.m. probably. GLTA
Posted by R1 Man on :
INNO traded above $1.60 this morning in Premarket.....watch it today for day trades.
Posted by R1 Man on :
TRID......$20.94.......will be hot today!!!
Posted by R1 Man on :
Posted by R1 Man on :
PRXL........good overall stock......look. No red ink.....and 95% owned by institutions....wow.
Posted by R1 Man on :
quote:Originally posted by R1 Man: TRID......$20.94.......will be hot today!!!
$21.40.......there it goes!!!
Posted by Mysticobra96 on :
Well I got in EMKR at $3.97 hope it goes up Posted by R1 Man on :
quote:Originally posted by Mysticobra96: Well I got in EMKR at $3.97 hope it goes up
What makes you think it will go up?
Posted by Mysticobra96 on :
Well, I'm not as optimistic as I was in the morning about it. I think the chart was signaling a nice bottom. I was hoping it could make a run $4.40 soon, but its having a hard time keeping its head afloat right now.
Posted by Mysticobra96 on :
Only good thing is its not making any new bottoms from the 52 week low a few days ago. Problem is it didn't push any new highs today yet either. Seems like ppl are accumulating in the 3.96's b/c when it gets down there it gets bought up quick, but no one wants to pay over $4.00 today. I will hold it and see how it closes to decide what to do with it.
Posted by Mysticobra96 on :
Well, it broke $4.00 and even closed at the high for the day pretty much at $4.02. I kept it, so hopefully it makes a good run tomorrow. I just want it to break $4.07 tomorrow and then I think it has a chance of breaking out to $4.40. I'm happy as the day was looking kinda bleek as it chilled under $4.00. Hope everyone had good days trading. GLTA as always!
O yeah, I'm going to work on improving my swing trading system by trying to catch a lower bottom. Right now my goal is pretty obvious of trying to catch the second day of the run, but I would really like to catch the first day. I'm going to work on a new theory and paper trade it for a month or so. I'll keep everyone posted on the W/L ratio and ROI. Right now my system has done favorably for me, but would I be human if I wasn't always thinking of ways to improve it? HAHA
Posted by Mysticobra96 on :
Well, EMKR broke out today and almost hit my profit stop dang it! I hope it holds up above $4.15 for the EOD. If so, then I think it could make another push on monday and I will be looking to sell it on monday then. Hope everyone had a great day. Have a great weekend and party it up, I know I will it was a good week! GLTA
Posted by Mysticobra96 on :
Well, EMKR looked pretty good EOD as it rallied back up to $4.19 I hope it makes a good run early morning, so I can take my profit from it.
On to my new system. You guys don't even want to know how successful it was the first day! It went 4/4 100% w/l with an average return for the day w/all 4 stocks reaching 4.14%!!! This might end up being a daytrading system depending on how these stocks hold up for the next few days. The gains were 2.07%, 0.45%, 2.35%, and the one that really helped them 11.68% I'm going to keep paper trading this one as you guys can see it looks promising. I will keep everyone posted on the results.
Posted by cpeed on :
Nice job Mystic! keep us updated
Posted by Spectacles on :
Thanks Mystic,,i'll take any help that comes my way.!
Posted by Mysticobra96 on :
Well, EMKR didn't run up enough for me to sell it. I'm going to have to hold it a little longer than I like to make a decent profit off it. Its still continuing to make higher lows even when it retraces, so I'll have to see how tomorrow pans out.
As, for my new system 2 successful days in a row. Right now it is 6/7 or 85.7% W/L ratio. So, far its best to only hold these for 24hrs. Yesterdays picks gained 3.40%, 0.45%, 3.92%, and a whopping 20.81% if sold in the morning. Today it picked 3 stocks to buy and as of the close they are at 2.79%, 3.58%, and the only loser coming in at -0.50% Hopefully, they will even gain a little more in the a.m. to help the ROI go up. These stocks are all $0.50-$15.00 If I narrow it down to $0.50-$10, so far the results are even better. The W/L goes to 3/3 or 100% again. Right now its averaging 4.555% a day; only going fromo $0.50-$10 yields 9.437% I'm going to continue to track both to see which is better longterm. As, you guys can see this system is looking EXTREMELY promising! I will keep you guys up to date. GLTA
Posted by R1 Man on :
Rats......I saw that FUEL was going lower so I put in a sell order last tuesday for $1.42 and thursday sells for $1.42 and it hits $1.85.......what luck....???? Well, back to work now so good luck all.
Posted by R1 Man on :
quote:Originally posted by R1 Man: VLO.......$50. What do you think about sitting back and waiting for $48 and jumping in and selling at $53? Its called Valero Energy Corp. I'm not sure its it the same as the Gas stations poping up everywhere...????
$53.90.
Posted by R1 Man on :
quote:Originally posted by R1 Man:
quote:Originally posted by oldblue2: bought in to PPHM at 1.10 they have news out today also
Just wanted to point something out here......if you look at the chart from 2005 to current.....you will notice a spike taking place mid January-February. Might have something here. Good find.
OldBlue......Like I said...Good find. $1.18
Posted by R1 Man on :
I have to leave for work already but I need to get one of you to go back and read some old posts of mine from page 11-16....maybe even farther back. There are a few stocks that will shoot up in February and March. Please list and quote what I say. I'm sorry, I just don't have the time.
Posted by R1 Man on :
quote:Originally posted by R1 Man: HANS...$34.75.....buying back another $50 million in shares. What this mean: Stock price will move up, the company is doing great, I would guess they might do a stock split down the road since INSIDERS own 40% of all shares....somebody knows something. Over the past 10 years, this stock is up 24,000%. Also, 7-9 board members have been there since the early 90s. I can see it moving back up to $40 range....even though its already peaking.....or was.
Can someone take a look at this.......I spent about an hour looking back for the stock I thought I posted....no luck. I remember this stock being very impressive.....but forgot about it.
Posted by Mysticobra96 on :
Well, I sold EMKR for a little gain of 4.5%. Not as much as I wanted, but o well there were other stocks I wanted to buy. I had the idea of buying BRLC today at $8.00, but didn't and I had ISWI that I wanted to buy that I also didn't! I really need to start listening to my skillz! So, tomorrow I'm looking at WYY if it stays above $1.95 in the a.m.
Just to update on my new system because its working flawlessly!!! knock-on-wood. It has picked a total of 11 stocks trading from $1-10 and all 11 have been green! It gets even better as all 11 are averaging 5.78% gain PER DAY!!! Right now this is only 4 days deep, but if it continues like this for a month or so I will be using this system to GET RICH BIATCH!! lol Hope everyone had a good day! And GLTA as always! I like explanation points btw.
Posted by Jenna on :
DMX - may be ready......
Any thoughts?
Posted by oldblue2 on :
COMS on a new 52week low
picked some up at 3.95
Posted by cpeed on :
quote:Originally posted by R1 Man: Dropped EGI today at $1.40. Misjudged this one pretty bad.......50% off.
EGR.....take a look MCEL....Keep an eye on INNO....Coming back from the grave
Just brining up some of R1mans old picks..
Posted by cpeed on :
quote:Originally posted by R1 Man: UBET.......$3.27.......BUY
..
Posted by cpeed on :
quote:Originally posted by R1 Man: Doesn't work like that, I have night duty watching him....and partial day duty.
Take a look at MCEL....$0.87
Volume on ONT has almost trippled. Getting lots of attention.
Put CRIS under watch....been battered pretty bad.
..
Posted by cpeed on :
quote:Originally posted by R1 Man:
quote:Originally posted by oldblue2: bought in to PPHM at 1.10 they have news out today also
Just wanted to point something out here......if you look at the chart from 2005 to current.....you will notice a spike taking place mid January-February. Might have something here. Good find.
..
Posted by cpeed on :
quote:Originally posted by R1 Man: VRAL.....I think you might get $0.07 but any higher.....you will likely sit a while on it. I would drop this one.
CERS......I agree with your prediction.
NXXI....$1.73.....worth a look.....maybe it will keep moving up into the $1.95-2.10 range......MAYBE.
TKO.......put it on your list to watch.....but not saying buy/sell it. Look at the roller coaster swings over the past few years. Will have to keep on eye on it for the next ride.
WYY........just like TKO.....roller coaster stock.
XJT......$8.98.....check it out....could see $10.50.
MII......$0.70.....Could rocket up in the next few months. Look at the chart for the past 5 years......I shot up every year around February.....but 2003. A small risk...maybe $1,000-2,000. Not sure if I would risk anymore then that.
Posted by cpeed on :
quote:Originally posted by R1 Man: QTWW......$1.66 Take a look at the chart......even though they have been going downhill, they still have a pattern. Look at the SPIKES at the 1st quarter of the past 3 years. If you would print the chart off and cut it in years and lay it ontop of the year before, you will be suprised as to how close they look. Not saying buy or anything, but definately worth a look.
FDX........$108.96.......upgraded to overweight.......sorry.......took off 2 fast.......$112.25 now since typing.
MAS.......$30.91......upgraded to buy.......exit is $33.
MNRO......$36.12......20% gain in sales. Will be active today.
SIRI......$4.20 now......will be active the next few days as well. Upgraded to buy from SELL.
HSOA.....my father's pick. $6.19 AH. He thinks it will hit $7.00 again no problem. I agree but think it might take a few months. I do think it will drop back down to $5.90-6.00. So I'm sitting this one out for now.
..
Posted by R1 Man on :
quote:Originally posted by cpeed:
quote:Originally posted by R1 Man: QTWW......$1.66 Take a look at the chart......even though they have been going downhill, they still have a pattern. Look at the SPIKES at the 1st quarter of the past 3 years. If you would print the chart off and cut it in years and lay it ontop of the year before, you will be suprised as to how close they look. Not saying buy or anything, but definately worth a look.
FDX........$108.96.......upgraded to overweight.......sorry.......took off 2 fast.......$112.25 now since typing.
MAS.......$30.91......upgraded to buy.......exit is $33.
MNRO......$36.12......20% gain in sales. Will be active today.
SIRI......$4.20 now......will be active the next few days as well. Upgraded to buy from SELL.
HSOA.....my father's pick. $6.19 AH. He thinks it will hit $7.00 again no problem. I agree but think it might take a few months. I do think it will drop back down to $5.90-6.00. So I'm sitting this one out for now.
..
Thanks for looking back!! Makes it a lot easier for us. I find stocks and post them on here amd forget about them. This was a big help!!
I was off by 2 stocks. QTWW and SIRI.....dropped even lower from my pick.
However these picks went up!! FDX.....$114.98.....up 2.3% from price when posted
MAS......$33.93.....up 9.8%
MNRO.....$37.35.....up 3.4%
HSOA.....$6.63......up 7.1%.....and still moving up. It should hit $7.00 no problem.
NXXI.....$1.94......also broke $2.00 range today. So that jumped 12.1%
Posted by Mysticobra96 on :
I'm looking at EDNE for monday. It traded between $.95-$1.06 on friday and thursday it hit $.89 for a 52 week low. I will be watching it in the morning to see if it stays above $.95 I think anywhere around $1.00 could be a 20+% quick gain. I see this running to $1.20-$1.30 no problem. Just make sure its still on the up and up on monday. GLTA!
Posted by R1 Man on :
Will take a look.
Posted by cpeed on :
Hey Mystic, did you find this one using your scan that has been working really well for you?
Posted by Mysticobra96 on :
No, is one is from my normal swing trading scan. The other scan produces too many results right now. I don't have enough cash to buy all the stocks it picks to get the results its producing right now. I'm going to keep working on it and keep track of it till I get more cash to trade it.
Posted by cpeed on :
Hey guys, check out BDCO and tell me what you think. Look at atleast the 3 year chart, it looks like it runs up huge about this time of year. I cant look into it any further right now. Anyone else care to comment?
Posted by Mysticobra96 on :
Between March and April it has ran up big yes. Looking back a year when it went up in April 06 I'm not positive, but it might have been good annual results. I just read they just came off the naked short list too. Could be a good oppurtunity to risk some cash here. Personally, I will probably wait for it to calm down as RSI(5) is over 85. I don't like to play stocks hoping for good news and such. GTLA that play it though.
I'm still watching for EDNE. Today it did alright, I'll be watching it very closely tomorrow to decide whether or not I'm going to jump in.
Also, still waiting for ACTC, STSI, and RACK to show good signs of a reversal.
Posted by amanick on :
cbrx is a good play for today. I got in at 1.30 and after hours was up to 1.50 . I think it would be a good idea for you swingers to check it out and play it safe. Any comments would be helpful.
Posted by Mysticobra96 on :
Well, you did good picking up CBRX at the low. Personally, I would look to sell it tomorrow or the next day as stocks that drop that fast usually have an adam and eve chart. The adam is the bottom you caught and it will usually come back up some the second day and maybe the next day a little (watch candlesticks and rsi(5) to figure out when to sell. But, in most cases these stocks freefall again usually further than the first time. So, becareful and take some profit! GLTA
Posted by R1 Man on :
quote:Originally posted by Mysticobra96: Between March and April it has ran up big yes. Looking back a year when it went up in April 06 I'm not positive, but it might have been good annual results. I just read they just came off the naked short list too. Could be a good oppurtunity to risk some cash here. Personally, I will probably wait for it to calm down as RSI(5) is over 85. I don't like to play stocks hoping for good news and such. GTLA that play it though.
I'm still watching for EDNE. Today it did alright, I'll be watching it very closely tomorrow to decide whether or not I'm going to jump in.
Also, still waiting for ACTC, STSI, and RACK to show good signs of a reversal.
Nice finds........I can't play anything....I worked 20 hours Monday and doing 12's all week. So good luck all. And STSI would be one I would jump in.
BDCO....good pick.....will take a further look later. I like the chart for the past 2 years but if you go farther back......it looses any patterns.
Posted by R1 Man on :
Bought 3050 shares of STSI at $0.998.....dumping between $1.06-1.15
Posted by Mysticobra96 on :
As much potential is there w/the charts on STSI I would be careful. I hate listening to message boards, but I've heard they have financials coming out very soon. I think tomorrow there should be a good chance to pick up some shares for anyone who hasn't jumped in. I'm looking to catch it down in the high 80's since its way above the 5ma which is .86 right now. GLTA
Posted by fourseven on :
quote:Originally posted by R1 Man: Bought 3050 shares of STSI at $0.998.....dumping between $1.06-1.15
I rode this from .86 to 1.02 the other day. Lots of volume, good liquidity. The intraday chart looks like it wants to test 1.05 resistance again.
Are you holding overnight?
Posted by fourseven on :
I'd like to contribute a couple of ideas for a swing trade. I've been in and out of these two stocks with good results.
IVAN - it had a nice +60% swing, peaking around 1.90 or so. Down today, and I think it might go as low as 1.65 over the next few days. Perhaps a play for next week?
The other one is SGN - January was all a +107% swing, on a series of strong positive news. Reached 2.20s. It based all last week, and now it looks like some folks have lost their patience. It's down to 1.77 today. It might scrape as low as 1.50, maybe.
I'm out of both these stocks at the moment.
Posted by Mysticobra96 on :
I definetly don't think STSI is done, I think it just needs a day or two to retrace and it should shoot back up to $1.20-1.30 I would say.
SGN should find support around $1.50 but that might be a few days off. As for IVAN its not even in consideration right now for me as its way out of range I believe.
There are three stocks I'll be looking at tomorrow. STSI to hit around $.86 or so and hold, I'll probably buy at the EOD if I'm going to buy it. The others are PRLS which I would like to pick up close to $2.10 and sell at $2.30. Lastly, EGHT which I would try to pick up around where its at if it holds strong most of the day. Not a ton to be gained out of this one though as I would be looking to sell in the low low $1.50's. My first choice is STSI I just hope I don't get stuck when financials come out! Most of these will probably be EOD for me to see how strong they still are no morning buys on these for me. GLTA hope everyone is doing well!
Posted by R1 Man on :
Here is a nice little tip
DCX.......DaimlerChrysler........On Feb. 14th....V-Day they will announce their turn-around plan which should include BUY-OUTS. Should be around 10,000 or more Buy-Outs. Ontop of that.......they should announce some plant closings.....rumors say St. Louis which makes Dodge Ram 1500/2500/3500/etc, Deleware plant which makes Dodge Durango and Chrysler Aspen, and a stamping plant in Ohio by Cleveland. There are also rumors that they may close Mack which makes engines. Rumors that they will add a 3rd shift to Sterling Heights Assembly where they make Chrysler Sebring and I think the new Dodge Avenger.......not sure.....but someone should go back and look at GM and FORD when the BUY-OUTS were announced. If my thinking is right.......I believe we might see a 10% spike. Not sure.....I know stock holders LOVE when a company cuts jobs. Reason is: It adds PROFIT MARGIN. Cost of production verse output. Well, I worked 44 hours in 3 days so I have no free time to check the facts. But what I posted are all RUMORS.......quoted out of the Detroit Free Press.
As soon as I know what FORD and GM stock did.....If I'm right on the thinking I'm dumping $20,000 in DCX.
STSI.....it closed at $1.00 so I'm confident that it will go up even more. Sell is in at $1.07. I just want $200+ profit....don't have to be greedy. You could see high 80's next week if something happens but I think it will go up even more. I think $1.15 will be the turning point.
Posted by cpeed on :
hmmm, that sounds like a good play for some options
Posted by Jo4321 on :
DCX could be good, if those rumors are true. Just yesterday similar play with Circuit City which announced restructuring:
"Circuit City shares tracked higher by 5.2%, reversing four sessions of declines, to settle at $21.67 after announcing that it will shutter stores and restructure its operations."
Goodyear (GT)also had similar results after closing some plants. Take a look, they've been going up for the past 6 months.
jo
Thanks for the heads up.
Posted by SherriT on :
Hi all,
I've been participating on the other boards a while, but have discovered I tend to like swing trades. Would you mind sharing any particular sites or scans that you use in finding ones to trade?
Thanks!
Posted by Mysticobra96 on :
POTP
TVIA
ACTC
SFUN
Those are my picks for the next few days! I'll be buying one more more of them. GLTA
Posted by cyates on :
i have been watching jagh it bounces between .18 and .70 and fjcc between .85 and 1.40
Posted by Mysticobra96 on :
Well, TVIA made a 20% run today!
After doing more research on POTP I'm taking it off my list as the company is selling shares at $.73 So, I doubt it will get above that anytime soon.
If SFUN holds this low tomorrow it should be alright.
ACTC might trade between its 5ma and 20ma. If it breaks the 20ma watch out.
Posted by Mysticobra96 on :
Might want to throw a buy order for GTW out at $1.85 and see if it hits and takes off. Looks like a good channel from $1.85-$2.05
Posted by R1 Man on :
Dropped $20,100 in DCX at $64.25. ML wouldn't let me buy it yesterday...would of got in at $63.68. Ohh well.....good luck all.
Posted by BooDog on :
Ive been watching INFO trying to accumulate. Was looking for a better dip - possibly after this last news release wears off a little.
Keeping an eye on that ACTC also.
Posted by Mysticobra96 on :
SFUN is looking pretty strong should make some decent money on it.
Also, if you want a little bit more of a gamble check out NFI.
Posted by R1 Man on :
I never post these picks but they will be day traders today.
ZROS......$0.55
IAUS......$0.64
Watch for a dip and maybe you can make a few quick bucks.
Any predictions on DCX.....as in closing price on Friday. I say $67.75.
Posted by Mysticobra96 on :
DCX... for me it needs to break $65, then its anyones guess. I would play it day by day after that and just go by candlesticks.
Posted by R1 Man on :
DCX.......Well........how about $67.45 Pre-Market.....could actually hit $69-70 today......who knows. But its up over 5% already. Posted by cyates on :
FJCC .86 good time to buy should go back to around 1.20
Posted by Jo4321 on :
Nice call on DCX. Congrats.
Jo
Posted by Mysticobra96 on :
NFI up 8% already!!!
Posted by R1 Man on :
quote:Originally posted by R1 Man: DCX.......Well........how about $67.45 Pre-Market.....could actually hit $69-70 today......who knows. But its up over 5% already.
How about that.......Was right for once. It hit $70.60 and closed at $69.80. I sold at $70.04....made $1,800.
Posted by Mysticobra96 on :
R1 nice play, have you figured out how loaded you would be if you would have bought the $70 Calls? $321,600. Yesterday the $70 calls were going for $.05 and today they closed at $.80 Keep an eye on GOOG. I think Friday I will be buying some $470 calls hopefully for around $8.50 or so. Looking for a quick 20-30% pop on those by mid next week as I see it going to around $480.
Tomorrow morning I'll be watching PRZ if it holds $.77 in the a.m. I'll be jumping in at $.78 Looking to get out around $.85
WEDX looks like a good buy around $1.17 but after doing a little research they have financials coming out AH tomorrow. I don't like to gamble, but for anyone that likes to. Institutional Ownership has went from 2% to 12.7% over the last few days. I'm thinking even if the financials are bad the stock may go up, but I'm not going to risk any cash.
Posted by BooDog on :
ops are still over my head. but I'm learning.
Posted by Mysticobra96 on :
Damn wish I bought those GOOG 460 puts like I wanted to yesterday They are up over 30% today! I knew that stock was going to retrace a little today and tomorrow. BAH!!
Posted by R1 Man on :
What are you talking about.
Posted by Mysticobra96 on :
Yesterday GOOGLE was up about 1.5% going into the close and I debated on buying the $460 March puts b/c the price was pretty far away from the 5MA at $465 and I figured it would retrace today. I decided not to buy the puts b/c I'm still learning about options, but if I had the $460 puts closed up 40% today. So, I'm saying I wish I would have listened to my instincts. Because not listening to them lately has been an expensive opportunity cost of about 100% over the last 2 weeks for me. I tell my dad about everyother day, well I meant to wake up and buy this stock and it closed up 8%, 10%, 20%, and now another 40% with these options. I need to stop partying b/c its costing me a boatload of money now! This morning I was going to wake up and pick up AFLI at $2.40, but I was hung-over from partying last night and it closed at $2.50 and I think it will continue to climb. I might still try to get in tomorrow, I just don't really like the volume on it.
Posted by Mysticobra96 on :
Oops maybe you meant what are you talking about for the DCX comment...I hate it but I always play the go back in time, woulda-coulda-shoulda game. Since you were right about the DCX stock going up, I was just saying how much cash you could have made if you bought $20k worth of the $70 calls on DCX instead of the stock. The stock went up almost 10%, but those options gained 1500%. You would have made a cool $300k! I'm not saying you were wrong for buying the stock, I just meant wouldn't it have been nice to know it was for sure going to go up that much, so you could have bought the options.
Hell, I wish I knew about options about a year ago. My friend had an inside into RACK and he knew the earnings were going to kill it. The stock rose 20% over night, but I bet the options made thousands of % gain. Would have been nice to know about them then Posted by Mysticobra96 on :
Put in my order for VIMC incase I don't wake up Posted by R1 Man on :
quote:Originally posted by Mysticobra96: Oops maybe you meant what are you talking about for the DCX comment...I hate it but I always play the go back in time, woulda-coulda-shoulda game. Since you were right about the DCX stock going up, I was just saying how much cash you could have made if you bought $20k worth of the $70 calls on DCX instead of the stock. The stock went up almost 10%, but those options gained 1500%. You would have made a cool $300k! I'm not saying you were wrong for buying the stock, I just meant wouldn't it have been nice to know it was for sure going to go up that much, so you could have bought the options.
Hell, I wish I knew about options about a year ago. My friend had an inside into RACK and he knew the earnings were going to kill it. The stock rose 20% over night, but I bet the options made thousands of % gain. Would have been nice to know about them then
I'm far out in the woods on that stuff......Sounds like we all need to learn about OPTIONS!!
Posted by R1 Man on :
HSY........HERSHEY!!!!!!!!! Next big gainer for Friday. Can't buy either......have all my money in the wrong side of ML.......stupid......have to transfer money from core funds section into the free stock section.......that takes a day or 2.
HSY.......$52.10. Reducing workforce like DCX by 1,500. Which means stock should spike today. I will predict $58.50-59.75.
I've been doing some research on options and if you have extra gambling cash you can turn it into some serious bank! I think people make too much out of options w/strike price, exp. date, puts, calls, etc.
The reason I'm really starting to like them is because I'm about 80% accurate on determining if a stock will go up or down the next day (if its at the top or bottom of where its been trading) ie the other day is was pretty easy to see that google was going to go up on weds. and I thought it was easy to see that it was going to go down today. Now what I'm liking w/options is I don't have to predict that it will be up in 6 months, 1 month, 1 week, 3 days, etc. If I think its going up or down tomorrow I can buy a call or put accordingly. Also, I don't even need big moves, if google looks like its moving down tomorrow about 1% or so you can see that you can make 40% return trading the options.
BTW, DELL made more money trading options w/their cash than they did selling computers!!!
When I get some free cash I will be buying options. Until then if anyone wants anymore info on them let me know. I might even post some plays if ppl want.
Posted by Mysticobra96 on :
Maybe I'll buy some $50 calls, they are going for $2.25 right now. If your right they could hit $5.00 easy. I hate buying on news when the stock is already high though.
Posted by Mysticobra96 on :
Ok heres one for tomorrow or if not tomorrow monday. The $70 puts for DCX. That stock looks pretty maxed out and I would have a hard time believing its going to hold up over $70. I believe the $70 puts for March are $1.70-1.75 I'll be watching this stock closely tomorrow too.
Posted by cpeed on :
Mystic, who do you use to trade your options? Is it the same broker you use for stocks?
Posted by amanick on :
LOOK is a possible swinger keep an eye out on it today
Posted by R1 Man on :
quote:Originally posted by R1 Man: HSY........HERSHEY!!!!!!!!! Next big gainer for Friday. Can't buy either......have all my money in the wrong side of ML.......stupid......have to transfer money from core funds section into the free stock section.......that takes a day or 2.
HSY.......$52.10. Reducing workforce like DCX by 1,500. Which means stock should spike today. I will predict $58.50-59.75.
Didn't go up like I thought it would. Hmmmm???? Well......DCX is still moving up. Hit $74.53. WOW.......guess I should of held a little longer. Up 17% from call to high....right now at $72.86 puts it up 14.4%. Not bad at all but it should crash soon.
Posted by R1 Man on :
quote:Originally posted by amanick: LOOK is a possible swinger keep an eye out on it today
Not too crazy about that one. Its already close to its 52 week high. I'd "LOOK" for another pick if I was you.
Posted by Mysticobra96 on :
I agree w/R1 LOOK doesn't look so hot! I'm really suprised at DCX glad I didn't buy those puts. Just gives it more room to fall if it keeps going up though I was right about the GOOG $470 Calls though they are up around 30%. My VIMC buy never went through, seems to be a theme lately. The MM's take it right down to my buy order and don't sell to me. Hope everyone has a good weekend!
Posted by Tod Fuchs on :
Does anyone have an update on PLRO? Has it bottomed yet?
Posted by Mysticobra96 on :
PLRO hasn't given me a buy signal yet. Keep waiting.
Posted by cyates on :
insm up 22%
Posted by cyates on :
check out cbak i think this will be a good swing
Posted by R1 Man on :
quote:Originally posted by R1 Man: [QUOTE]Originally posted by R1 Man: [qb] HSY........HERSHEY!!!!!!!!! Next big gainer for Friday. Can't buy either......have all my money in the wrong side of ML.......stupid......have to transfer money from core funds section into the free stock section.......that takes a day or 2.
HSY.......$52.10. Reducing workforce like DCX by 1,500. Which means stock should spike today. I will predict $58.50-59.75.
HSY.......$54.01.......up 3.7%
Posted by R1 Man on :
KFT........$34.11. Watch this but not ready yet. I would like to get in around $32. and get out around $35.
Posted by cyates on :
EXP
Posted by Mysticobra96 on :
CBAK...I like I think it could come close to hitting $5.00 soon. Keep an eye on it.
EXP...its neither a buy nor a sell for me right now. I would hold if you own it. If it trades sideways or slowly drifts down dump it though. It needs to keep a good gain going if I were to keep that one.
AVNC...could see a 10% gain in the next few days
CRM...Financials out tomorrow AH and its been on a tear, way overpriced. Don't be too quick to short it though as shorts have endured much pain in this stock. I'm going to straddle it tomorrow going into the close. Probably buy $1000 worth of $50 puts and $1000 worth of $50 calls. Then hope for really good or really bad financials. If it moves 10% or more in either direction I should be able to at least double my $$$.
Posted by cyates on :
FJCC is low i bought it last time it dropped to .85 and went to 1.40 in 2 days but it has stayed around .85 all week this time
Posted by cyates on :
i thought EXP had a good chance of being picked up by USG VMC or CX but FRK was the lucky one
Posted by oldblue2 on :
whered everyone go, sold coms today look to buy it back on a dip
Posted by oldblue2 on :
ops sorry my computer only showed post up to 2-15-07 thiers everyone
Posted by oldblue2 on :
NNSR buys are not allowed by scottrade must be a spammed stock
Posted by oldblue2 on :
Just caught SHPI... could shape up a nice tea cup.
Posted by oldblue2 on :
NNSR i do belive its a long term stock
im in at .0079
Posted by R1 Man on :
quote:Originally posted by oldblue2: NNSR i do belive its a long term stock
im in at .0079
I'll drop $1,000 in it.......For a few reasons.....Its 52 week high was $0.19. It has been in the gutter before and managed to gain 500%......I think it could be a very nice play for a OTCBB stock. Question is.......can they really market the nano sensors??
So Blue..........how much did you buy........are considering buying?
Posted by NYSE Trader on :
Amgen (AMGN) is approaching a good entry range. I'll look for it to come down to $64 then load up. Target around $75.
Posted by oldblue2 on :
i bought 120,000 shares of NNSR
Posted by oldblue2 on :
about 940$ worth
Posted by oldblue2 on :
i transfered most of my stock money to forex but now im comming back to stocks and going to buy what seems to be decent companies at the 52 week low that i see a little profit i can take
like GPXM right above its 52 week low of .28 over a million volume and news just came out
Golden Phoenix Minerals, Inc. (GPXM : golden phoenix minerals inc com 2007
GPXM 0.33, +0.01, +4.4%) is pleased to announce the sale of the third consignment of molybdenite concentrates produced by the Ashdown Project LLC, located in Humboldt County, Nevada. A sale of 12 Supersacks of moly concentrate has been made to Derek Raphael & Company of London, England. The consignment weighed more than 47,000 pounds and contained over 25,000 pounds of elemental molybdenum. Provisional invoice value of the shipment is in excess of $470,000 with a final value to be determined following delivery and processing of the material. Cumulative moly sales to date total approximately $972,000. This sale marks the
-------------------------------------------
first time an entire shipment was produced in one continuous weeklong milling campaign that finished on February 20th. Apart from minor mechanical interruptions, the mill crew was able to operate on a 24-hour basis. Rate of production increased approximately 50% from the January 2007 average of 1,341 pounds of molybdenite per day, to a projected average of 2022 pounds per day during February. The mill is scheduled to resume production next week.
Posted by oldblue2 on :
o man i got pulled over in Michigan the cop took my drivers licence as court cost cause i didnt have 100$ on me at the time
cops up around exit 15 on i 75 are bad huh he shut my semi down for 10 hours cause of my log book wasnt exactly right
Posted by amanick on :
anyone got charts for CBRX I get a feeling its about to have a run up as its been up and d own a bit. Any inf would be great.
Posted by oldblue- on :
GBRC may make another run again keep an eye on it. sold my cort stock last week but may get in the drop again any input on ronc whether a good time to buy or not both have low floats?
Posted by R1 Man on :
Ok.........getting off my lazy butt and did some research. Here are my picks:
FBC.......$13.80. I like this Bank stock for the fact that its a SWINGER all year long. Right now its in the pit. Opportunity!
KOOL......$3.07. This is a swinger and I like how the chart looks. Lots of ups and downs.
Posted by amanick on :
watch CBRX today has news coming from cc. might have a decent upswing .I blew it in GBRC it went from 0.88 to the 1.50 this week and I was to late to pull the trigger.
Posted by Mysticobra96 on :
I bought SVR today on the dip. Picked it up at $10.30 I think it looks good for a little swing.
Posted by EsotericRule on :
You've got cojones Mystic, I'd have let it run to the mid 9's.
Posted by Mysticobra96 on :
Mid 9's? It barely touched the 9's on the 52 week low. The stock dropped 33% in 5 days and its now making higher highs and higher lows. I'm only looking for a very short term flip. Longest I'm holding is Friday morning, so I don't see a ton of risk here as I don't see it retracing to another 52 week low. Although, it did look stronger in the morning and if it closes below the open thats not a great sign. I probably wouldn't be buying it right now, but when I bought I think it looked a little better. We'll see in a few days.
Posted by EsotericRule on :
My 2 cents...
FBC - $10 would be a decent entry long. I'd short it here.
KOOL - Run, don't walk away. I'd say $1.5 is next target.
EXP - Top of channel failure coincides with climax volume, safe short to $42 and likely well beyond that.
Posted by EsotericRule on :
I was just looking at a downtrend line that coincides with mid 9's. on the weekly. And my charts are showing this as an historic low on svr...will have to check into it further. Still think there's a little more downside here before a decent pop.
You know what they say...'the first cut is the deepest.' lol
Posted by Mysticobra96 on :
I see what your saying about the weekly charts, but this here is swing trading we don't usually (well I don't use) weekly charts because they are too slow for swing trading. I'm looking for a good 5-10% gain and I'm gone. You might be right about those stocks over the next month or two, but for the rest of this week at least I see all those stocks gaining not decling. All the ones you mentioned actually look like good possible swing trades not short sells. I know the market looks bad right now, but it doesn't mean there can't still be some money made playing longs. I'm just cutting down my holding period to help protect against losses. GLTA!!
Posted by EsotericRule on :
My 'swings' are usually longer term...maybe 'parameter' trading is more appropriate a term. I look at 10% as not worth the time. Grinding away for 5-10% is not really 'swing' trading to my mind.
And I agree on playing some longs...when they exhibit movement (or at least no loss) against a strong downtrend. I don't see that here. The occasional move counter to trend? Sure...but I'm not working from a DAT or other superior platform right now, so I'll stay away. Oh,and the 'ribbons' have to be wide to interest me.
Ya gotta love the fractal composition of the market!
Posted by Mysticobra96 on :
I have backtested a lot of different swing trading programs and found that all of them benefit more by getting your money in and out quickly. It allows you to make more plays, which gives you the possiblitly of getting big winners that run the day you buy or the next day or two. It also, cuts down on the losses by getting you out of a stock that has turned around on you without you having to look at the charts and make the decision yourself.
I don't play with huge sums of money either, so its easy to get my $10k in and out. If your playing w/$50k+ then I can understand your theory more.
To each their own, we must all do what works best for us. I hope in a year or so, I will have the problem of investing a little more long term w/more money. I think I will still always keep $20k or so, for short term flips. I feel there is much more security in only holding on to a stock short term. This way you can decrease the risk of the whole market heading south and killing your big wallet, or the stock receiving sour news and taking a big chunk out of your wallet.
O yeah and the main reason I don't like long term plays (I DON'T TRUST COMPANIES!) Too much manipulation to me. I would be having some ppls asses if I held on to Enron or Worldcom. Even look at big stocks that make billions in profits. In the longrun the stocks stay flat. ie Msft, Intl, etc. I know your going to point out goog, as well you should, but give it a few years and it will flatten out as well.
The program I'm playing right now was backtested back to 02 5 years ago. It only holds on to the stock for 1 day after I buy it. In those 5 years it took $1000 and turned it into $116,273. Thats not one flook year or trade either. 02-04 it made 317%, 04-06 it made 795%, and 06-now it made 462%. So, short term systems can work. Yes you will pay more in taxes and fees for trading, but this system isn't crazy. It only made at most 54 trades in 2 years, which is roughly $1000 in fees. If you started with $10,000 in 02 by 04 you would have $26500 after taxes. I don't know many longterm stocks that will gain 165% in two years after taxes. Keep in mind this was the weakest of all 5 years as 02 was horrible for the market which is what gave lower numbers. Yet this system still prospered in a weak market.
Posted by amanick on :
cbrx has been swinging and cort is trying to get there slowly both have good potential keep an eye on it. I loaded up on cbrx on the low side already as it has been bouncong the past few days
Posted by EsotericRule on :
Mystic...I began with 2k. And I don't often hold for years (especially in the pennies). I move in and out of issues just as I move in and out of sectors. I select all issues based on nothing more than technicals and float size. If a promising momo play offers itself in the majors, then I'll ride that wave either way. This is hardly 'buy and hold' stuff. Using red light/green light on longer term holds allows me to increase number of shares...and easily mitigate risk. Your right not to trust anyone...
Note, I did not say your system was poor or that it lacked results...we both know the power of multiple small gains. You are, no doubt, either incorporated or using a holding company structure to mitigate your capital gains exposure...perhaps you are trading from a Roth or other tax advantaged structure. Regardless, my system works for me as yours does for you. Just said it wasn't my cup of tea.
And I would never invest in anything like goog or any other 'status stock'...just to keep the record straight. I like the styles and indicators of zweig and schwartz (and even Gann) and my own mutations of said keep me out of trouble. What the indicators miss, my stops catch. :~)
KEGYF may have some upside near term and potential longer term, now that we have a selling climax. What say you?
Posted by Mysticobra96 on :
Unfortunetly, I'm not able to get away from the capital gains. I'm a college student w/no income right now. I'm going to have to wait and see how hard they hit me w/taxes. I'm working on my real estate license and then maybe my brokers, so I could trade under that I think. I will definetly have to find a loop hole if I start making some serious cash. But, if I make $10k I'm not too upset about giving them $2500 if I have to since its money I didn't really work for anyways.
As for KEGYF, I can't even find a chart on it.
Posted by EsotericRule on :
try kegyf.pk...that may work.
Also...if you would rather retire in your thirties and quite well off, don't be so cavalier about the tax bite. You have holdings and are generating a profit from said. You have 'income' according to the IRS. It may or may not be deferred, but its there. Calculate the slippage from excess taxation and then the lost trading income on top of it...pretty soon you're talking real money.
For a few hundred dollars in good advice from an accountant and/or tax lawyer who represents 'mark to market traders' and the like, you'd get from 'A to Z' one hell of a lot faster. Don't be penny wise and pound foolish. Been there, done that.
PS: You are 'working' for it...you're just being smarter in how you are demanding to be paid.
Posted by cyates on :
check out fjcc.bought some at .88 and .85
Posted by bb money on :
KEGYF is a non reporting pink, with no filings or news. Why would anyone even consider this stock?
Posted by EsotericRule on :
bb - because I trade the technicals only, but this popped up on one of my scans at having a p/e of high 7's/low 8's and yearonyear earnings percent was astronomical...so throwing some money at it here was acceptable for my risk to return parameters.
Posted by EsotericRule on :
dhom may have a go soon.
Posted by EsotericRule on :
Mystic...if you don't mind my asking, what are you using as a trading platform?
Posted by Mysticobra96 on :
I have etrade and was using their power trade platform or something, but now I'm not using anything b/c I didn't make enough trades last quarter to get the platform for free. I actually like trading w/o it as weird as it sounds. When I had the streaming platform I would always find reasons to wait to buy in either the l2's didn't look good enough or the chart wasn't right. Now I look at just the chart and decide when to enter and exit. I somehow managed to make 3% off SVR. I bought at $10.30 and sold at $10.60 this morning. I think for daytrading or trading pennies you need l2's and such, but for swing trading it really slowed me down. What about you?
Posted by EsotericRule on :
I'm between platforms right now. Just using free trials while I evaluate a couple. Leaning towards ThinkorSwim unless I decide to take the plunge and use a DAT. Their backbone is based on the prophet.net system, and most tech indicators can be manipulated...which I like. I'm still evaluating and then will only open an account to evaluate execution speed and their willingness to play between the bid/ask.
Posted by EsotericRule on :
lol...they're trying to 'headfake' on svr.
Posted by Mysticobra96 on :
I figured SVR might have a good day since it broke $10.50 in the a.m. but I have to stick to my rules.
Posted by EsotericRule on :
As do I. Not buying into it. Have a good weekend, I'm off.
Posted by terence on :
PMCL---terribly undervalued,great volume lately CBAY---movements lately also DESC. took me a lot of time to find these gems x me. but like always make your own DD and luck.
Posted by EsotericRule on :
Terrence...why'd it take you so long to find 'em?
Just scan for new historic lows and volume pop.
Oh,you must have done the 'monty python scan'. You know how it goes...
(don't get bent, just having a little fun.) :~)
Posted by R1 Man on :
quote:Originally posted by terence: PMCL---terribly undervalued,great volume lately CBAY---movements lately also DESC. took me a lot of time to find these gems x me. but like always make your own DD and luck.
Your 3 picks are Day Traders. Its ok to posty them once in a while but don't get carried away. I'm assuming you were attracted to them because of the surge in VOLUME the past few days. However, that doesn't make it a good stock to play.....only a quick play (1 day or less).
I jumped in DROOY today at $0.6121. See where it goes. I'm also debation on getting in MCEL for a long play. I'm also considering F if it drops down a bit more.
Posted by EsotericRule on :
Hey M1 - F looks like its trying to touch again in the high 6's. Like you, I'd like to see that (at minimum) to interest me. Then we get to see which way the weather vane moves.
MCEL's barking, but no fear of the bottome yet. I'll wait for a new low and then see if Cramer pumps it. :~)
DROOY looks like a gap fill at this point to me.
Posted by EsotericRule on :
Sorry...thats 'R1'.
Posted by cyates on :
slr looks like its ready for a swing
Posted by Mysticobra96 on :
I think I'm going to give up on the swing trades right now. I've been paper trading since the market fell (thank god) it just seems like most swing trades aren't rebounding at all right now. I began paper trading option puts (until my acc gets upgraded to let me trade them), but I have been doing extremely well with them so far. On monday I picked up LFC April $40 puts * $1.20 which are now trading at $2.65 a gain of 120%, LRCX June $45 puts for $3.10 which are now trading $3.80 a gain of 22.6%, ODP April $35 puts * $1.35 which are now trading for $2.15 a gain of 59%, and also HBC June $90 puts for $4.60 which are now going for $5.30 a gain of 15%. (I should have bought the $85 puts though on HBC the $90's were too far in the money already.
The reason I decided to play put options is mainly because the market is down and its too hard to swim upstream. So, first I thought about shorting stocks, but I don't like the idea of losing more money than I have in my account. By buying the put options I'm still playing stocks short, but I can't lose more than I have in the stock and that I like. I will hopefully, be trading them by the end of next week. If anyone wants to trade them with me let me know and I'll post my picks.
Posted by R1 Man on :
I am ver interested in your idea like I have said before. Its new territory for me of course but I want to learn. I have Yahoo Messanger and my name on there is YZF_R1_MAN so if any of you have it. Add me. I think this would be a good way to learn from one another and perfect our skills. I will be on layoff Friday for 3 weeks so lots of time to learn. Post back if any of you are interested in this......or PM me. I agree with you Mystic.........the market is crazy right now and my judgement isn't working in my favor right now. For instance........I had around $25,000 in CMGI at $1.05 a share. I sold it for a good profit but look at the price now........$1.80. I would of had a gain around $18,000 but I wanted to make other trades. There has been other decissions I have made that sucked but its all good. Well, let me know what you all want to do and if you don't have Yahoo_Messanger. Go to Yahoo and check it out. Its 100% free and has a bunch of great PERKS. Well, I'm off to bed.
Posted by oldblue- on :
UCSY long term play but they got a new contract and such so ima load up and hold it
high was .02 its bid right now is .0027 which i will try to get it lower then this
it is an OTC
Posted by terence on :
yes im only play for short term bounces now my portfolio has changing to. PGSW--MGLG again-BFT-SCONand PILL
Posted by amanick on :
Keep an eye on SCON for a few days of swings. I made out ok this past week on all my picks but got a feeling on this one. I am also waiting for GBRC to tank very quickly before i get back into it.
Posted by Mysticobra96 on :
SCON is in a tough place right now. You really need to watch which way the momo goes because it could start to come back up real quick or drop down to $1.30 easily. I will wait and watch for the $1.30 drop before I consider it. Everyone becareful this week I think the market as a whole is going to make another big move down this week. Going to be hard to make money, so trade smart!
If you can I would play shorts and puts til the end of april. The last few years on the weekly charts it took the market til the end of april to make a move back up. GLTA!
Posted by cyates on :
fdx might be good to get in to for a swing. they are also coming out with earnings on the 21st
Posted by R1 Man on :
FDX is a solid company paying a small Dividend but that is ok. They have a 1 year target of $128.07. I would say its a safe bet but I would only ride it to $120. $111.14 currently. I wouldn't buy it before the 21st. The motley fool is betting on 7 quarters straight of above expectations for earnings. I think they said $1.33 a share or better.
Posted by Mysticobra96 on :
Stocks to buy:
CYTR NM GSS HLIT BRKR
Stocks to watch:
WITM > $.92 PRGX > $14.5 IVN > $11.18 BZP > $5.16 for next few days CHCG > $5.75 ALAN > $2.11 APAC > $4.61
Posted by Mysticobra96 on :
For NM be a little careful on entering I don't like that its below the 50ma right now. It would probably be my last choice.
CYTR is my favorite and I will be buying it tomorrow morning. I think it will make a run for a new 52 week high.
Posted by Mysticobra96 on :
Well, as you all know by now I'm not a morning person and I missed out on some gainers I picked because my lazy butt didn't wake up again. Hope some people listened to my picks as they were all good gainers today. Even some of my watchers did well. Wish I could pick that well everyday!!! GLTA!
Posted by cyates on :
PSA is good for a swing or also daytrade.Its been bouncing off of 95. just depends if uwant to go short or long
Posted by Mysticobra96 on :
Definetely go short!!! Until rsi(14) gets back above 50
Posted by Mysticobra96 on :
FBST looks good!
Posted by R1 Man on :
DROOY is up another 6% today. Was like 5% yesterday. Its about to break $0.70 and if it does.......this could take off. The bid/ask is $0.6999/0.70.
Posted by bigpoppa on :
R1 do you think this is a good long term buy?
Posted by R1 Man on :
quote:Originally posted by bigpoppa: R1 do you think this is a good long term buy?
It will drop back down some but over all....It has a history of crashing and getting back up. Reminds me a little like IVAN. I see this going back to $1.20 no problem....if you give it 6 months or so. Now if it breaks $0.70 today....watch out!!! I think that is the breaking point.....now keep in mind....I haven't looked. It is a NASDAQ stock as well....so that means something.....especially when they get a notice of compliance of $1.00 or more.....lol.
Posted by R1 Man on :
DROOY.....broke the $0.70 and now at $0.7284. HOD is $0.7299. I think I will sell it....up 19%. I just don't feel comfortable holding it over the weekend. SOLD * $0.7298. Have a great weekend everyone!!! I think it will break $0.73 also.....its selling at $0.73 right now.
Posted by R1 Man on :
Glad I dumped DROOY last Friday....looking to dipping back in sometime this week.
Well, I sent most of you a PM. Read it and PM me back with your decision. They went out to the ones who use this trend the most or have been on here a while. Sure everyone will like what the read.
Bill
Posted by R1 Man on :
MCEL........$0.95. I'm jumping in if it drops down to $0.93. Selling at $0.99-1.04. Will be a 6.5-11.8% gain.
Posted by terence on :
EDWC-0,0017----this is a stock near of dollar fair price would be 0,80 put your radar WGLT-this one is good for short,medium and long cause its price is extremely low.
Posted by bb money on :
Nice call on MCEL hope you filled at .93 today.
Posted by R1 Man on :
HSOA......$4.66. My dad's pick.
Posted by bb money on :
HSOA has a gap to fill also which might make it nice.
Posted by R1 Man on :
MDII.........$1.03......was on my watch list for years now and it recently took off. Should be a day trader.
NWACQ.........$0.65......day trader but be careful. Sure it will hit $0.70 again soon but its a scary play for the fact that at any minute they could cancel their stock if a judgement would come out from the Chapter 11.
DROOY.......$0.68. This has had some ups and downs and right now its on the way back up. Congrats to those who made money last time it ran up, and to those who got in cheap the last few days ($0.62-.64).
MCEL.......$0.95.....I missed the boat but the stock still has my eyes open since it keeps hitting $1.00+ for the past few days. Maybe I will just buy it and sell it for a 5% gain.
ONT.........$1.62......who is still holding this stock??? Just imagine if you had bought when I said at around $0.65 and held to now......WOW!!! Up 249%. Anytime.........anytime!!!
CBEY.......$29.08. I have been watching this for over a year now and its been moving up. If it continues we may see $31-32.50 before May.
Posted by R1 Man on :
Bought 3,500 shares of MCEL with one account and trying to get 15,000 with the other all at $0.95. I have the 3,500 filled and only about 9,000 with the other account. DROOY hit $0.70 today........interesting!!
Posted by Mysticobra96 on :
CBLI looks good!
HLIT looks good!
NNPP VII SMTL CMGI around the high $1.90's should hold and bounce back up ANO IW GTW RPTN around $1.20 should hold up and bounce back up
Posted by R1 Man on :
DROOY..........I think it will break out today and be in the $0.70's. Its been flirting with $0.70 a lot today.
I like your VII.......going to buy some of that today.
Posted by Mysticobra96 on :
New stocks I like for tomorrow...
CVNS GTW IMAX IESC SRTI
Watch... ASTI
Posted by R1 Man on :
I was wrong about DROOY breaking out yesterday but again......its FLIRTING with $0.70. This thing has to break out soon!!! Not sure how long they can hold the door shut before this thing steam rolls past. I might sell 1/2 of my shares at $0.75 for a 11% gain.
I bought INNO at $1.12 yesterday too.....its up 7% already. Posted by Mysticobra96 on :
I think your right about VII I'm going to pick some up tomorrow morning. I'm also, going to get some $22.50 Calls for TTWO for April.
Posted by cyates on :
check out CPSL,looks like a pump and dump more than a swing.but bounced off of 4$ last time
Posted by Mysticobra96 on :
VII made new 52 week high!
BUYS:
NNPP
ABAT
SDRG
AIR $30 Calls (sell the calls when the stock goes up to $28.50 or so)
WATCH:
IGTE
Posted by Mysticobra96 on :
O yeah I would buy May calls not April calls for AIR
Posted by amanick on :
Anyone catch the wild swings on CORT. I been buying in the dips and cashed out big time. I made up all my losses that I had for the year then some.
My next buy is in ADLR I'm waiting to find a ground in it about $3.65
Gbrc is another one on my target again. It's been itching to bust out but I'm holding off till it goes to about 1.35 range again before i get back in. As always any comments would be appreciated.
Posted by T e x on :
posted about CORT on big-boards thread...
Posted by amanick on :
I been buying and playing cort for a while and been pretty fortunate with it. My last buy was at 0.80 and i sold it yesterday and will get back in the next big drop but right now I'm focused on adlr. I also got into ronc for long term hold as well.
Posted by R1 Man on :
Anyone who doesn't know the information.........PM me and I will pass it on.
Posted by T e x on :
you can't just post it?
Posted by cndboy on :
Hi R1 what's the story on DROOY
Posted by cyates on :
FJCC could be at a bottom it hit .80
Posted by cyates on :
FJCC has been bouncing from .80 to around 1.20
Posted by R1 Man on :
quote:Originally posted by cndboy: Hi R1 what's the story on DROOY
Not sure but I have dipped in this a few times so far. I bought back in yesterday at $0.655 and selling today for another 6.6% gain. One account I made 32% so far this month. I just wish that was my 401k account. Ohhhh well.
FJCC.......Not feeling the $1.20 anytime soon. I think it will continue to go down but the bottom should be close.
Posted by R1 Man on :
quote:Originally posted by R1 Man: MDII.........$1.03......was on my watch list for years now and it recently took off. Should be a day trader.
NWACQ.........$0.65......day trader but be careful. Sure it will hit $0.70 again soon but its a scary play for the fact that at any minute they could cancel their stock if a judgement would come out from the Chapter 11.
DROOY.......$0.68. This has had some ups and downs and right now its on the way back up. Congrats to those who made money last time it ran up, and to those who got in cheap the last few days ($0.62-.64).
MCEL.......$0.95.....I missed the boat but the stock still has my eyes open since it keeps hitting $1.00+ for the past few days. Maybe I will just buy it and sell it for a 5% gain.
ONT.........$1.62......who is still holding this stock??? Just imagine if you had bought when I said at around $0.65 and held to now......WOW!!! Up 249%. Anytime.........anytime!!!
CBEY.......$29.08. I have been watching this for over a year now and its been moving up. If it continues we may see $31-32.50 before May.
OMG.......LOOK AT MDII!!!!!!! $1.65. Posted at $1.03 2 weeks ago. DAMN!!!!!! Up 60%
CBEY.......$32.49........up 11%
ONT........$1.85........up another 14%
NWACQ......$0.675.......up 4%
Posted by R1 Man on :
ONT..........Wish we all had bought this and held. $1.97 close. Up another 21.6%. Since original post........303%.
Sold Drooy and waiting to get back in around $0.66. The 6% gains are really paying off nice. Hit twice this week on DROOY for 6-7% each time.
MCEL is tempting now at $0.92.
Posted by R1 Man on :
Read that article. I bet people jump all over that company.
Posted by R1 Man on :
UBET........will be hot Friday. They buying thier stock back.
Posted by Mysticobra96 on :
I'm trying to pick up some ALXA today
Posted by R1 Man on :
quote:Originally posted by Mysticobra96: I'm trying to pick up some ALXA today
WHY???? That stock just peaked out at $15 and dipped back down. I would be hard pressed to buy it.
DROOY hit $0.71 today briefly. Maybe it will break out. How long can the MM's hold it down???
ONT........Up another $0.21 or 10.7% today. WOW!!!
Posted by R1 Man on :
VLNC........$1.19. Take a look. I would sell at $1.30. Undecided though on this one.
NWACQ.......$0.78.......up another 16.4%
DALRQ.......$0.215......risky but I think its bottoming out. I really hate posting these but NWACQ that I posted is up almost 26% in 1 week. So, I feel why not. This one I would dump at $0.25 and make the 11.6% and RUN!!!!
Posted by R1 Man on :
quote:Originally posted by R1 Man: Ok.........getting off my lazy butt and did some research. Here are my picks:
FBC.......$13.80. I like this Bank stock for the fact that its a SWINGER all year long. Right now its in the pit. Opportunity!
KOOL......$3.07. This is a swinger and I like how the chart looks. Lots of ups and downs.
FBC......Down a lot right now at $11.62. This is a major bank. They also do mortages which I wonder if that has something to do with why its down. I think its bottomed out.
Posted by R1 Man on :
quote:Originally posted by R1 Man: I never post these picks but they will be day traders today.
ZROS......$0.55
IAUS......$0.64
Watch for a dip and maybe you can make a few quick bucks.
Any predictions on DCX.....as in closing price on Friday. I say $67.75.
ZROS........$0.99.......up 80%
IAUS........$0.86.......up 34.4%
Did anyone ride either of these....I didn't. Posted those Feb. 14th. 2 months ago.
Posted by R1 Man on :
DROOY........BROKE OUT $0.72 HOD....and still going up....$0.7229. Next week should be a great week!! $0.74 now!!! Posted by cndboy on :
Buying aurc... playing it from .05 to .065 so i'm making about 15-20 % pretty much every 3 days.....
Posted by cyates on :
CPSL was up 10% friday 15% so far today
Posted by R1 Man on :
quote:Originally posted by cyates: CPSL was up 10% friday 15% so far today
Good Find!! I think it may hit $5.75-6.00 soon.
ONT..........Up another 14.75% today. ????? When will it stop???
DROOY........Up again today.....$0.76. I'm thinking $0.85 before the end of April.
MCEL.....day trader at the moment.
Posted by R1 Man on :
DROOY.......$0.78.
Posted by R1 Man on :
ONT........$2.71......Up another 8.4% today. WTH????? Will it ever stop??
Keep an eye on QTWW.
Posted by amanick on :
Keep an eye on HDY I been playing it for the past 2 days and making good money on it.
Posted by cndboy on :
Awesome play.... AURC up 45% today close at .08 .. low of .04 high of .09 .... Great hit!!!! Waitting for big news again by next week.... Gonna sell tommorow and let it retrace a little....
Posted by cndboy on :
I changed my mind. Not taking a chance not selling aurc... Announced a buyout...The Chart looks terrific Get in on it people. I'll let this one trade till the end of next week. C what happens don't want to lose out...... Posted by amanick on :
ADLR has been bouncing nicely as of late
Posted by cndboy on :
Aurc up another 6%... I think it will hit .12 by monday... Then we c end of tuesdays trading deadline what they offer as a buyout.... Posted by cndboy on :
.12 close another 50% .... amazing
Posted by Mysticobra96 on :
Take a look at ZUMZ its high priced, but you could play the May $40 calls and $45's if your ballzee!
Posted by bb money on :
quote:Originally posted by amanick: ADLR has been bouncing nicely as of late
Yeap been watching it also, looks good for a flipper.
Posted by Mysticobra96 on :
RDCM looks like another buy
Short sell: NURO IRIX
Posted by R1 Man on :
I rode DALRQ from $0.155 to $0.22. It still may move up but I think we can rob the airlines for a few bucks. The other is NWACQ. These are risky but rewarding. I made 42% in 3 days.
Posted by stocktrader22 on :
ADLR will not be a swing...$5+ in 1 or 2 months..
Posted by cndboy on :
up another 20% today... aurc is a good buy even on monday... tuesday after trading should be the announcment for the buyout... let's see what happens. .0145 today high of .175 today
Posted by MickTrader on :
THLD, FUEL looking ready
Posted by MickTrader on :
GNBT nice start today
Posted by amanick on :
ADLR is a swing right now and has been since last week. I just yanked another grand of it today. I agree that It will go to 5 or higher at some point but right now its still up and down.
Keep an eye on SCON might make some nice change on it.
Posted by amanick on :
Keep an eye on AMRN for an upswing. I got a buy in now for .72
It will take sometime to get back where it was as with CORT.
Im still swinging ADLR but I expect it to drop again very soon.
I am still holding RONC hoping that we get some good results soon.
Good luck to all of you.
Posted by stocktrader22 on :
LOL i like you. I'm in AMRN expect a $1 out of it.
Posted by cyates on :
PKTR looks like it could make a good swing
Posted by cyates on :
PKTR upgraded
Posted by amanick on :
LOL i like you. I'm in AMRN expect a $1 out of it.
Note: Most boy's do!
Posted by amanick on :
I just put a buy in at lower intervals down to .056 and up to .070 on AMRN. This is no doubt a good buy and we should see a spike or two next week that can pay off real well. Keep an eye on it and decide for yourself.
Posted by R1 Man on :
amanick, stocktrader22, and cyates, ALL of your picks look like good ones to me. I like the PKTR because it should hit $12 no problem for a 20+% gain. AMRN should bounce back no problem too....$1.00 is possible and likely. Keep up the good work!!
Posted by cyates on :
does anyone on this board post on any of the other message boards this is the only one i get any feedback from anyone on.
Posted by cyates on :
i posted cmi,pcar, and volv on nasdaq last week and cmi was up 10$, pcar was up 10$ and volv was up 12$
Posted by amanick on :
This is probably the only board to post to that doesn't have all the BS going on.Most people that post here are honest and looking to help others make money and get positive information and results. Most people here have been long time rather then those that pop in and out to pump and dump. Keep up the good work all and hoe you all hit the jackpot this year.
Posted by amanick on :
Loaded up on 8000 shares of AMRN today.If this does what CORT and CBRX has done the past month I think I will take a much needed vacation.
From what I understand this company has no debt and 36 million in cash on hand so I am hoping it's a winner.I haven't had much tome for DD so if anyone agrees or disagrees with my assessment let me know.I am going to hold into late next week at best if not a bit longer.
Posted by stocktrader22 on :
quote:Originally posted by amanick: This is probably the only board to post to that doesn't have all the BS going on.Most people that post here are honest and looking to help others make money and get positive information and results. Most people here have been long time rather then those that pop in and out to pump and dump. Keep up the good work all and hoe you all hit the jackpot this year.
amanick, theh hot stock free for all isnt to spammed up. Anyways check that place out, you will surely find my credibility to be intact. AMRN will be a winner, loading up on every downswing. Have you seen the pipeline, if you have you are probably laughing at these ridicolously low prices.
Posted by R1 Man on :
quote:Originally posted by amanick: Loaded up on 8000 shares of AMRN today.If this does what CORT and CBRX has done the past month I think I will take a much needed vacation.
From what I understand this company has no debt and 36 million in cash on hand so I am hoping it's a winner.I haven't had much tome for DD so if anyone agrees or disagrees with my assessment let me know.I am going to hold into late next week at best if not a bit longer.
I picked up 13,500 shares.
Posted by Free Muney on :
been reading this thread for a week, like what you guys/gals are doing. super solid support at .7 for AMRN from the MM's. like 300k in bids.
Posted by amanick on :
I like chicken too but prefer a good t bone steak.
Anyone got any input on BLUE. I Been watching it from the lows and it's been a steady climb but for some reason i'm not feeling it to buy at this time. I am thinking that mid summer might be a good time. Any feed back would be appreciated as always.
I am going to dip more into RONC as I been buying on occasional lows. There is this nagging feeling that I should keep buying at lows and hold.RONC is long term for me so any input would be appreciated as it is not a swinger.
Posted by R1 Man on :
Blue I don't care for at all. RONC is questionable. I think we have some better chickens out there besides these two. AMRN hit $0.80 today....up 12.7% at one time. But there are a few we can play for 3-5% quick swings. I'm back in DROOY again and up another $150.
Posted by R1 Man on :
quote:Originally posted by R1 Man: HSOA......$4.66. My dad's pick.
HSOA.......$4.93....up 5.8% so far.
amanick........Keep up the good work and way to spot AMRN. That is a great find for all of us.
If anyone bought in DALRQ and didn't sell it.....well, you better sell because its approaching the end of the month where they cancel their stock. However, you can still flip NWACQ if you want for a day trader. DALRQ was good to me...I made 42% off it in 3 days.
Everyone have a nice weekend and keep up the good work!!
Posted by amanick on :
Hey R1 thanks for your input. Here' something I'd like your input on with out mentioning the stock as yet cause I haven't had a chance to look hard at it due to my schedule.
Company has 2 million o/s Has 1 mil cash on hand with no debt. 1,000 shares sold drove this thing up 9 cents. not many trades though so in your opinion do you think that this is something worth doing a hold till it gets news and worth the risk? Its currently trading below .50 and company has been around for quite some time. Speculating now on buying.
Posted by amanick on :
I forgot to attach this
Fiscal Year Fiscal Year Ends: 31-Dec Most Recent Quarter (mrq): 31-Dec-06 Profitability Profit Margin (ttm): -13.32% Operating Margin (ttm): -9.94% Management Effectiveness Return on Assets (ttm): -2.38% Return on Equity (ttm): -9.56% Income Statement Revenue (ttm): 13.14M Revenue Per Share (ttm): 3.525 Qtrly Revenue Growth (yoy): -16.60% Gross Profit (ttm): 6.51M EBITDA (ttm): -450.71K Net Income Avl to Common (ttm): -376.09K Diluted EPS (ttm): -0.10 Qtrly Earnings Growth (yoy): N/A Balance Sheet Total Cash (mrq): 961.53K Total Cash Per Share (mrq): 0.258 Total Debt (mrq): 0 Total Debt/Equity (mrq): N/A Current Ratio (mrq): 6.467 Book Value Per Share (mrq): 1.212 Cash Flow Statement Operating Cash Flow (ttm): -1.74M Levered Free Cash Flow (ttm): 46.16M View Financials (provided by EDGAR Online): Income Statement - Balance Sheet Cash Flow
ADVERTISEMENT
TRADING INFORMATION Stock Price History Beta: 7.2 52-Week Change3: -35.00% S&P500 52-Week Change3: 14.09% 52-Week High (15-May-06)3: 0.65 52-Week Low (17-Nov-06)3: 0.15 50-Day Moving Average3: 0.33 200-Day Moving Average3: 0.27 Share Statistics Average Volume (3 month)3: 4,350.79 Average Volume (10 day)3: 1,711.11 Shares Outstanding: 3.73M Float: 2.72M % Held by Insiders4: N/A % Held by Institutions4: N/A Shares Short (as of 12-Mar-07)3: 0 Short Ratio (as of 12-Mar-07)3: 0
Posted by Free Muney on :
I really like ANO right now. consolidating today, should continue up come monday. nice solid trend. not very volitile on the down side.
Posted by cyates on :
here are 2 that might swing FTWR and TBV
Posted by R1 Man on :
quote:Originally posted by amanick: Hey R1 thanks for your input. Here' something I'd like your input on with out mentioning the stock as yet cause I haven't had a chance to look hard at it due to my schedule.
Company has 2 million o/s Has 1 mil cash on hand with no debt. 1,000 shares sold drove this thing up 9 cents. not many trades though so in your opinion do you think that this is something worth doing a hold till it gets news and worth the risk? Its currently trading below .50 and company has been around for quite some time. Speculating now on buying.
Well, sounds like the volume is very low. The problem you have with it is: If 1,000 shares $500 or less moves it 18%.....then you will have an issue selling when it time. You can make money on low volume stocks but you have to be patient. What is the ticker and I will try to look before I go to work.
Posted by Mysticobra96 on :
CTIB looks good
Posted by dawsion on :
ANPI looks good
Posted by cyates on :
i think RFMD will swing i would wait until it is under 6$ 6.18 now
Posted by cyates on :
im watching CDE also
Posted by amanick on :
Withe the low volume in comparison to the past few days with regards to amrn I think we are going to see it stabilize soon. Once all the penny takers are gone we should see a rise in this. If you look at CORT and ADLR it is the same in comparison. I picked up some more AMRN at lows and still holding probably the next couple of weeks.
Posted by cyates on :
BE and POL
Posted by Duncan Idaho on :
quote:Originally posted by amanick: Loaded up on 8000 shares of AMRN today.If this does what CORT and CBRX has done the past month I think I will take a much needed vacation.
From what I understand this company has no debt and 36 million in cash on hand so I am hoping it's a winner.I haven't had much tome for DD so if anyone agrees or disagrees with my assessment let me know.I am going to hold into late next week at best if not a bit longer.
Negatives:
1) this co has been around for > 10 years and produced nothing. collapse is inevitable. 2) delisting is coming 3) there is no reason for it to go up now
Pros: 1) $36m in cash so its a going concern 2) drug pipleline
good luck
(wait for the delisting to buy)
Posted by Mysticobra96 on :
Last day to pick up CTIB I think...
Posted by amanick on :
1) this co has been around for > 10 years and produced nothing. collapse is inevitable.
Question? Produced nothing?
2) delisting is coming
Question? How do you know that as a fact? Look at Cort they weren't delisted were they
3) there is no reason for it to go up now
Answer: Bad news always drop and look at CORT. Pros:
1) $36m in cash so its a going concern 2) drug pipleline
There are more positives then negatives with this company according to your own statement unless you have facts of the first 2 comments.
Posted by GrandEsquire on :
GNVC going to bust through new 52 week highs
Current Ratio of the company is strong with Earnings coming out May 9th. More coverage being initiated on this emerging company with promising results for their malaria vaccine around the corner IMO.
Chart is steady and prime. Gonna break new 52 week highs any day now!
Posted by cyates on :
POL up5%
Posted by Mysticobra96 on :
CTIB starting up today!
Posted by Duncan Idaho on :
Produced nothing: i am refering to approved drugs and revenue. there are none.
Delisting: you are a green horn. NYSE hosts few 60 cent stocks. find another hobby.
No reason to go up: i reiterate.
quote:Originally posted by amanick: 1) this co has been around for > 10 years and produced nothing. collapse is inevitable.
Question? Produced nothing?
2) delisting is coming
Question? How do you know that as a fact? Look at Cort they weren't delisted were they
3) there is no reason for it to go up now
Answer: Bad news always drop and look at CORT. Pros:
1) $36m in cash so its a going concern 2) drug pipleline
There are more positives then negatives with this company according to your own statement unless you have facts of the first 2 comments.
Posted by Bill2Drunk on :
quote:Originally posted by Duncan Idaho: Produced nothing: i am refering to approved drugs and revenue. there are none.
Delisting: you are a green horn. NYSE hosts few 60 cent stocks. find another hobby.
No reason to go up: i reiterate.
quote:Originally posted by amanick: 1) this co has been around for > 10 years and produced nothing. collapse is inevitable.
Question? Produced nothing?
2) delisting is coming
Question? How do you know that as a fact? Look at Cort they weren't delisted were they
3) there is no reason for it to go up now
Answer: Bad news always drop and look at CORT. Pros:
1) $36m in cash so its a going concern 2) drug pipleline
There are more positives then negatives with this company according to your own statement unless you have facts of the first 2 comments.
This is R1 man.
I do believe it will go back up no problem. Its just a shake up right now. You do have some concerns and I like that. However, the whole delisting process takes a lot longer then you make it sound. So, I see nothing bad coming here.
DROOY.........Hit a high of $0.90. Wish I wasn't being GREEDY the last 2 weeks with short swing trades. I missed the boat. I'll still make some more trades with it but I see $1.00+ coming soon.
Have a good weekend everyone!
Posted by Mysticobra96 on :
Don't know if anyone checks out this guys site, but hes got some good info. He just ****s his picks, doesn't charge you anything. Anyways he has a chart of the week on CTIB. He thinks its about to break out soon. Take a look...
This is huge news that i just realized. MVI is the foundation founded by Bill and Melinda Gates that is supplying GNVC with the funding for the Malaria Vaccine. If this company wasn't the real deal or wasn't really close to finding a vaccine, then Bill and Melinda wouldn't of donated more money. They believe in this company. This is such great news for shareholders.
Posted by T e x on :
Sweet finish. Keep an eye on this for a retrace. Could really take off too. This was in our morning paper about the phase 1 testing. Nice run today. BTW - not a thread on this in IHUB either lmao Posted by R1 Man on :
Few stocks to keep a eye on.
HSOA....$2.72
And get ready for December for another LOAD of ONT. Should drop down a lot more from now. Again...this is my annual money maker. Low will be from end of November to December. Then it will move back up for a 80-300% gain....maybe even higher. Last year it gained 539%.
I never really left. Just been occupied with life.
Posted by BooDog on :
GPCB going down.
Posted by R1 Man on :
ONT.......not ready yet. $0.94. Will go lower. I'm thinking around $0.80 for entry. We will have to see.
Posted by wdcisco on :
quote:Originally posted by R1 Man: Few stocks to keep a eye on.
HSOA....$2.72
And get ready for December for another LOAD of ONT. Should drop down a lot more from now. Again...this is my annual money maker. Low will be from end of November to December. Then it will move back up for a 80-300% gain....maybe even higher. Last year it gained 539%.
I never really left. Just been occupied with life.
Schatz Nobel Izard P.C. Files Class Action Lawsuit Against Home Solutions of America, Inc. -- HSOA
November 21, 2007: 07:43 PM EST
HARTFORD, Conn., Nov. 21, 2007 (PRIME NEWSWIRE) -- The law firm of Schatz Nobel Izard P.C., which has significant experience representing investors in prosecuting claims of securities fraud, announces that it has filed a lawsuit seeking class action status in the United States District Court for the Northern District of Texas on behalf of all persons who purchased or otherwise acquired the common stock of Home Solutions of America, Inc. ("HSOA" or the "Company") (Nasdaq: HSOA) between May 18, 2007 and November 14, 2007, inclusive (the "Class Period").
The Complaint charges that HSOA and certain of its officers and directors violated federal securities laws. Specifically, the Complaint alleges that throughout the Class Period, Defendants made false and misleading statements concerning construction contracts for projects at three sites in New York, including Manhattan, and a site in Florida. Unbeknownst to investors, Defendants failed to disclose the following: (i) HSOA did not have an agreement with Blue Diamond Construction to perform construction with respect to at least one of the three New York sites Defendants had previously identified; and (ii) that the party that had reportedly awarded the Florida contract to HSOA was a party related to HSOA.
On August 15, 2007, HSOA revealed that (i) the Florida project was a related party transaction; (ii) that in July HSOA had "received informal inquiries from the SEC and Nasdaq with respect to prior disclosure and related issues;" and (iii) that management had requested that the audit committee perform an investigation into related party transactions and disclosures. Then, on September 27, 2007, Defendants acknowledged that they did not have a contract for the Manhattan element of the New York projects. Finally, on November 14, 2007, HSOA announced that it would delay the filing of its third quarter financial results, citing its "voluntary review of related party transactions." On this news, HSOA's stock dropped over 20% to close at $1.57 per share on November 15, 2007.
If you are a member of the class, you may, no later than January 21, 2007, request that the Court appoint you as lead plaintiff of the class. A lead plaintiff is a class member that acts on behalf of other class members in directing the litigation. Although your ability to share in any recovery is not affected by the decision whether or not to seek appointment as a lead plaintiff, lead plaintiffs make important decisions which could affect the overall recovery for class members, including decisions concerning settlement. The securities laws require the Court to consider the class member(s) with the largest financial interest as presumptively the most adequate lead plaintiff(s).
For more information about the case, its claims, and your rights, please contact Schatz Nobel Izard P.C. toll-free at (800) 797-5499, or by e-mail at firm*snilaw.com. To view a copy of the complaint filed by Schatz Nobel Izard P.C. or for more information about class action cases and Schatz Nobel Izard, please visit our website: www.snilaw.com.
CONTACT: Schatz Nobel Izard P.C. Nancy A. Kulesa Wayne T. Boulton (800) 797-5499 firm*snilaw.com www.snilaw.com
...........maybe not the right time?
Posted by terence on :
SNZHE current pps is unreal,this worth more than .1 and is a .05 low float. PRHN-see latest session and study the forw split 1 for 1 record time 30 november,if this stock do a little for their ruined investors,the bounce must be historical and histerycal.
Posted by Ace of Spades on :
quote:Originally posted by R1 Man: ONT.......not ready yet. $0.94. Will go lower. I'm thinking around $0.80 for entry. We will have to see.
Good input...I hope you keep posting on this thread...I have a lot of respect for you!
Posted by BooDog on :
Here's a strong one to watch. SJR.
Posted by BooDog on :
quote:Originally posted by BooDog: Here's a strong one to watch. SJR.
for bottom.
Watch INTC also.
Posted by fourseven on :
URZ looks like it's hitting the bottom of a swing..
Posted by Propertymanager on :
Good call fourseven. Are you thinking about $2.75 for the bottom?
Mike
Posted by fourseven on :
my guess was anywhere between 3.10 and 2.70 ..
Posted by fourseven on :
looks like it touched bottom around 3.08 ..
Posted by fourseven on :
3.26 seems to be where the congestion's at.
Posted by terence on :
PRHN crucial day tomorrow do dd WLSI EVCI. are my election.
Posted by R1 Man on :
quote:Originally posted by Ace of Spades:
quote:Originally posted by R1 Man: ONT.......not ready yet. $0.94. Will go lower. I'm thinking around $0.80 for entry. We will have to see.
Good input...I hope you keep posting on this thread...I have a lot of respect for you!
ITS READY!!!!!!!
ONT $0.75 close!!!! I'm just pissed that I'm not ready. Maybe it will stay this low after Dec. 12th (Divorce final). Then I can bring my money out of hiding Posted by wdcisco on :
LMAO R1!!!
Good Luck!!!! Posted by R1 Man on :
ONT is at $0.90 right now but it will come back down. Missed one chance at getting it cheap but will get another.
wdcisco.....I know your just having fun but right now I'm not. So the LMAO R1!!! comment is inappropriate. There is nothing funny about divorce. I know you were refering to bring money out of hiding but I don't find it funny at all. I'm just sad, depressed and upset. Nothing personal. Anyways, welcome to my trend and look forward to working with you.
Posted by Propertymanager on :
My picks (orders) for tomorrow are:
1. short ASIA at $12.95 2. short STEC at $9.65 3. short CWST at $15.99 4. short EXEL at $8.75
for Swing Trades.
Mike
Posted by R1 Man on :
AMRN.....$0.40. Tradetrek is saying it should hit $0.45 today. Lets see.
I liked ASIA. I had sat on it a while ago and bailed at $6.00 range. Undecided now since its pretty much at the 52 week high.
STEC.......not my pick. It just gained 60%+ in the past month. I would think sell.
CWST.......Pass on this one also. It has moved up a lot lately since April and its in uncharted waters now.
EXEL.....I think this is a good pick. I like the fact that it has just crashed which means recovery. Out of your 3 picks, this one would be mine.
PropertyManager.....how do you short these stocks? What broker do you use? STEC and CWST can be shorted no problem. EXEL will gain value and ASIA will stay where it is for now.
Posted by R1 Man on :
Well, I missed the boat on ONT. $1.05 now. Hope you all got on.
Hope you all had a Merry Christmas and wishing you all a prosperous New Year. This is going to be the year we all make lots of $$$!!! I will see to that!
Posted by wdcisco on :
quote:Originally posted by R1 Man: ONT is at $0.90 right now but it will come back down. Missed one chance at getting it cheap but will get another.
wdcisco.....I know your just having fun but right now I'm not. So the LMAO R1!!! comment is inappropriate. There is nothing funny about divorce. I know you were refering to bring money out of hiding but I don't find it funny at all. I'm just sad, depressed and upset. Nothing personal. Anyways, welcome to my trend and look forward to working with you.
Oh..sorry bro...didn't mean to upset you.
I just saw the . Thats all.
Looking forward to rakin' in the dough swing trading with you
You've got some great picks here. Good luck in the new year!!
Posted by Ace of Spades on :
R1 man I'm sorry to here about your divorce...I'll deffinately send some prayers your way, for GOD to do his will with that complicated situation...I know it's tough. I have never been through it, but when my parents split...I saw how it effected my father.
He's actually getting remaried at the end of this month, so there can be a light at the end of the tunnel ....I don't know the details of your relationship...but I wish nothing but happiness in your future!
wdcisco is a good person, so I don't think he/she meant to offend you.....
keep the faith bro!!! Posted by wdcisco on :
its he. Posted by Ace of Spades on :
quote:Originally posted by wdcisco: its he.
LoL..I thought so ...buy you can never just assume any thing Posted by deathtoradio on :
Anyone have an opinion on KKD? The CEO stepped down recently, and it's been taking a hit since then. I think it might be good for a 30 cent bounce. Buy around 2.50 see if I can sell around 2.80. I'd love to hear some input from someone else.
Posted by $tock Weazel on :
It's formed a really good bottom at 2.50..make sure it doesn't break that though!
I like the volume...JMHO.
Posted by Bottomfeeder on :
Cramer was asked about Krispy Kreme Donut and he was talkin like it will still come down more like Starbux.They closed down a store near here so now the cops dont have any place to hang out at.It may have more room to drop....
WD a he/she?? Must be from Bend.JK
Posted by $tock Weazel on :
quote:Originally posted by Bottomfeeder: Cramer was asked about Krispy Kreme Donut and he was talkin like it will still come down more like Starbux.They closed down a store near here so now the cops dont have any place to hang out at.It may have more room to drop....
WD a he/she?? Must be from Bend.JK
Cramer's an idiot...
Oh and Bottomfeeder...last time I checked..Weazel was a guys name..JMHO.
Posted by deathtoradio on :
Well, yesterday I opted for BBI when it got real cheap, instead of KKD, and thank god. Got in around 2.75, got out today at 3.20.
Posted by R1 Man on :
quote:Originally posted by Bottomfeeder: Cramer was asked about Krispy Kreme Donut and he was talkin like it will still come down more like Starbux.They closed down a store near here so now the cops dont have any place to hang out at.It may have more room to drop....
WD a he/she?? Must be from Bend.JK
KKD is an interesting stock. The company opened stores everywhere and then cut them back because of competition. If I remember right, they are add more stores again to push their product. It would be good if KKD and Starbux would merge. They would both benefit. I know KKD used to be a $10.00+ stock so I do think it will make it back up to $4.00 within a year but no telling what month.
F....Ford Motor Comany. $6.57. Hit $5.50 the other day.....wish I had grabbed some. But this is a stock where it drops to the $6 range and then makes it back up to $8 range. Keep an eye on it.
INTC....Intel Corp. This stock is pretty cheap right now for a major blue chip stock. $19.99. Sell at $25.00. I think its a pretty safe bet that you will make that 25%.
ONT is still a buy status. Try to get in at $0.87. Sell at $1.40. Should hit that by April, no later then May. Looking for a 61% gain.
Posted by R1 Man on :
Thanks for all the comments also. I wasn't upset at anyone. I think I was just venting that day when I made that post. Well, I will get back into the swing of things shortly and get the sites back up for picks.....if I can remember everything. I know its all listed in my email somewhere. Anyone needing how I find my picks, PM me your email and I will send you a copy and also a huge list of sites I use. Good luck this year. Ohhh.....I let my 401k drop down to $12,000.....so I want to hit $48,000 at the end of the year. That is my goal. If I drop $10,000 in a ChoiceTrade account then I want $50,000 because its easier to trade. Good luck and think of what you want this year to bring to you.
Bill
Posted by R1 Man on :
YHOO........Yahoo. Stock is at 52 week low. This would be a good entry. $18.60.
Posted by R1 Man on :
YHOO.....$19.18...up 3.11%
F........$6.64....up 1.06%
INTC.....$21.10...up 5.55%
ONT......$1.00....up 14.9%
MCEL.....$0.3398....down a bit but coming back up now
AMRND....$2.90.....been on its way back up also
Posted by Jo4321 on :
WTG on YHOO!
Microsoft offers to buy Yahoo for $44.6 billion Friday February 1, 8:47 am ET
Posted by R1 Man on :
quote:Originally posted by Jo4321: WTG on YHOO!
Microsoft offers to buy Yahoo for $44.6 billion Friday February 1, 8:47 am ET
Was just going to say that. $28.69.
MSFT.....buy at $30.00.
Posted by R1 Man on :
This is a very interesting week. My father has made $13,000+ so far this week. YHOO was his pick and so is MSFT. We trade picks all the time. Just need to get off my butt and grab them. He plays the stocks that sell for $15-100 a share and buys in blocks of 1,000. I go for the cheaper stocks and buy several thousand shares. Different methods but they both work. Wish I had bought his YHOO like he did.
Anyways, I hope somebody grabbed some and ONT is on the move.
Posted by Jo4321 on :
Congrats to Pops!
Posted by Happy Valley on :
Good stuff R1 Man...ONT closed strong and gettin' jiggy AH...Nice sized blocks coming through at $1.16 now...Very nice
After Hours Last: $ 1.18 After Hours High: $ 1.18 After Hours Volume: 80,800 After Hours Low: $ 1.13
Yeah, ONT is my baby!!!!! Every year it follows the same trends. I never got a chance to get in because of recently getting divorced and being in 2 other stocks. Hold on to your shares for at least $1.40. Its up 51% from my entry target of $0.75. Got to love this stock!!!
AMRND is moving back up nicely as well. Gained another 15%.
Posted by R1 Man on :
quote:Originally posted by R1 Man: YHOO.....$19.18...up 3.11%
F........$6.64....up 1.06%
INTC.....$21.10...up 5.55%
ONT......$1.00....up 14.9%
MCEL.....$0.3398....down a bit but coming back up now
AMRND....$2.90.....been on its way back up also
INTC.....$21.77...up 8.9% from pick.
ONT......$1.13....up 50.7% from pick.
MCEL.....$0.31....Down 6% from pick.
F........$6.85....Up 4.3% from pick.
AMRND....$3.27....Up 63.5% from pick.
Posted by R1 Man on :
CSCO....Cisco.....$23.26. Should hit $30 range later this year. Maybe as high as $34-35.
Posted by R1 Man on :
F Ford Motor Company. $5.95. BUY!!! Exit is $8.00. Thinking it will take about 6-8 months to acheive but should be a safe bet.
T AT&T. $35+. This stock has been swinging between $34-38+. Could be a short term swing trader.
Posted by R1 Man on :
Stock that took some big hits. PGNX Not sure if I like it or not but these types usually bounce.
Posted by bb money on :
Recovered nicely from its low of 4.33 today.
Posted by wallymac on :
ADLR 12:46 *Adolor upgraded to Buy at Brean Murray- tgt $9 (4.63 +0.34)
Posted by R1 Man on :
quote:Originally posted by R1 Man: Stock that took some big hits. PGNX Not sure if I like it or not but these types usually bounce.
PGNX........$5.56....up....10% today
Posted by R1 Man on :
Did anybody grab that Stearns stock. I was tempted to but the $2.00 share report scared me. DAMN!!! Wish I had....$13.85 high today. I'm sitting on ONT...in at $1.01. F....in at $5.38. MCEL....grabbed more at $0.07.
The stock market was awesome Monday. Hopefully it will stay that way.
Well, good luck all.
Posted by R1 Man on :
Sold ONT at $1.10. Hoping to get back in again before its too late and it sky rockets. Sold MCEL at $0.14 today also. Still sitting on F.
ARTX might be my next play. Waiting for a dip then will grab some. Maybe around $1.90.
T......anyone who bought this one....sell it. $38.12....unless you want to ride it back down.
Posted by R1 Man on :
ABPI....$0.95. Let me know what you think. It had a low of $0.65 and dropped over $2.00 today. I'm thinking easy bounce to $1.15-1.25.
Posted by R1 Man on :
quote:Originally posted by R1 Man: ABPI....$0.95. Let me know what you think. It had a low of $0.65 and dropped over $2.00 today. I'm thinking easy bounce to $1.15-1.25.
After hours $1.10......Day Trader here.
Posted by Moughrain on :
Here is why it plummeted today:
"Accentia Plummets After Sinus Treatment Falls Short (Update2) March 24, 2008 18:20 EDT -- Accentia Biopharmaceuticals Inc. plummeted the most ever in extended trading after the company said its experimental spray for chronic sinus inflammation wasn't statistically superior to a placebo in a trial. " http://www.bloomberg.com/apps/news?pid=conews&tkr=ABPI:US
But the 12 month Chart shows it has been trading in a $2 to $3.50 range so a bounce to $1.15 would not be unlikely and volume didn't spike. It has other products on the market too.. (see Stockcharts-- http://stockcharts.com/charts/gallery.html?ABPI Posted by R1 Man on :
quote:Originally posted by R1 Man:
quote:Originally posted by R1 Man: ABPI....$0.95. Let me know what you think. It had a low of $0.65 and dropped over $2.00 today. I'm thinking easy bounce to $1.15-1.25.
After hours $1.10......Day Trader here.
DAMN.......should of bought some. $1.28 HOD...$1.17 right now. Up 23% from initial post.
Posted by R1 Man on :
CCU....Took a hit today. $26.85. Could bounce back to $28-28.50
Posted by R1 Man on :
Trying to jump back in ONT * $1.04....planned sell is $1.10-.12.
Posted by R1 Man on :
GM....$19.50 is a deal also. Swing trade here...ride it back to $24.00. Maybe take 1-4 months I'm thinking. 12.3% gain.
HAYZ....$2.95 is another to ride on. Might drop down to $2.75.
One thought with the AUTO stocks is this....American Axel on strike. GM halts production. Supplier's are not making money. Suppliers should take a loss in the 1st quarter which could result in drop in profit. That could cause a major dip in these types of stocks. Hmmmm.....???? I am sure that when American Axel hammers out the contract that they will boost the auto stocks. For those who have no idea what is going on and why they are on strike. They are striking because American Axel used to be a branch of GM and was sold off as American Axel. They have workers there that used to work for GM and made GM wages. American Axel told them to take a $16.00 an hour pay cut which brings them down to about $13-14 an hour. I myself would be on strike and outragged if my company did that. So don't beat the strikers down. The big 3 actually boost the stock market and the economy. Think about it....buy Foreign...money gows to that country. Not ours. So they don't buy our goods and services. MORE Jobs lost. More cuts in spending. Less money going into the economy because of the cuts. Result....companies cut more workers. Housing market goes down even more. Why....because people buy FOREIGN. Think about that next time you buy anything....just see where its made.
Sorry for the speech.
Posted by R1 Man on :
quote:Originally posted by R1 Man: ARTX might be my next play. Waiting for a dip then will grab some. Maybe around $1.90.
ARTX....$2.30. This was supossed to move down. Not gain 15%.
Posted by Moughrain on :
MCEL was down 9.62% today and closed at $0.120..Not funny...
Did a lot of research on that stock last night and the technology makes sense-basically uses a chemical like sodium hydroboraxate which breaks down to Borax and Hydrogen. The Hydrogen releases energy during that process, so the Company compares it's solid state product to being something like portable electricity which can run vehicles, generators, etc...The BTU output is way up there compared to other fuels which gives it a big advantage...but how to put that advantage to use ?..
Saw an old 10-K from 2000,explaining the concept and discussing the members of the board--solid board, just seems like the technology is like 5 to 10 years ahead of it's time...If there were a real danger of the world's oil being used up this would be a red hot stock...right now, it's near the epicenter of the politics of the clean environment drumbeaters...If i had my druthers i would have studied the stock some more before i bought.....also- long term, the stock has had a long decline, from around 2000's $23 pps to $0.12 pps (price per share)...post-mortem: that's pathetic...I'll wait and hope for a bounce...Think their Earnings Report comes out 3/31...holding my breath...
Posted by R1 Man on :
quote:Originally posted by R1 Man: CCU....Took a hit today. $26.85. Could bounce back to $28-28.50
Premarket bid is $29.96....up 11.6% from pick.
Posted by R1 Man on :
USU....$3.84. I bought in at $3.87. Not my pick....eddys' from HotStocksFreeForAll. Xing fingers. I do see potential of $4.50-5.50. Will have to see what comes from this.
Posted by R1 Man on :
quote:Originally posted by R1 Man:
quote:Originally posted by R1 Man: CCU....Took a hit today. $26.85. Could bounce back to $28-28.50
Premarket bid is $29.96....up 11.6% from pick.
Now at $29.00. SELL!!! It beat my exit target.
Posted by daronnyc on :
MGRM... going to 1.25
Posted by R1 Man on :
WM....$12.63.....Washington Mutual. Stock to keep an eye on. Not buy right now. But I noticed it has been more like a short term day trader but was work $40+ a year ago.
Posted by R1 Man on :
JRC......$0.24. Lost a lot today. Thinking bounce this week...say to $0.40. But thinking entry would be $0.21.
Posted by R1 Man on :
Ok.....$20,000 order just came in at $0.2401 for JRC....$0.21 might be too low.
Posted by R1 Man on :
I was way off today....JRC got as low as $0.16....back at $0.19
Posted by R1 Man on :
quote:Originally posted by R1 Man: I was way off today....JRC got as low as $0.16....back at $0.19
HOD today is $0.28. Up a lot from LOD yesterday. I couldn't buy it but wanted to. Funds wouldn't of been settled to get it.
Posted by R1 Man on :
MNKD....$2.50 now. Took a big hit today. Thinking bounce to $3.00 for a 20% gain.
Posted by R1 Man on :
GE....$32.45...Buy!!
Posted by R1 Man on :
CROX....$17.78...Buy....Sell at $20.00
SIRI.....$2.49....BUY....Sell at $3.00
GE.....sell is $36.00
Posted by stocktrader22 on :
Why buy GE? Dead money.
Posted by R1 Man on :
quote:Originally posted by stocktrader22: Why buy GE? Dead money.
Answered this in the GE trend. But dead money....yes and no. Its not going to flip over in a week or 2 but in a few months it should be back up there. Watch.
But sometimes its not about trying to flip stocks in a week. That is why I posted it here on Swing Trades. Its a very stable safe company to diversify your portfolio. Everyone needs some security once in a while for the trading that some of us do on here. I bought it because I doubt the price will drop anymore and its a good place to hold my money until I make my next move. But its $32.15 right now....watch it hit $33.50 before we get out of April.
Posted by R1 Man on :
quote:Originally posted by R1 Man: CROX....$17.78...Buy....Sell at $20.00
SIRI.....$2.49....BUY....Sell at $3.00
GE.....sell is $36.00
CROX....dropped to $10.48 because of earning estimate was lowered.
Posted by R1 Man on :
quote:Originally posted by R1 Man: JRC......$0.24. Lost a lot today. Thinking bounce this week...say to $0.40. But thinking entry would be $0.21.
JRC....HOD $0.36 and currently $0.3199.
Posted by R1 Man on :
quote:Originally posted by R1 Man:
quote:Originally posted by R1 Man: ABPI....$0.95. Let me know what you think. It had a low of $0.65 and dropped over $2.00 today. I'm thinking easy bounce to $1.15-1.25.
After hours $1.10......Day Trader here.
ABPI......$1.44....up 77% today.
Posted by R1 Man on :
MSFT....$30.50....sell
GM....$21.23....sell.......good flipper for 5-10%
Posted by Free Muney on :
a LOT of accum on ford right now... volume increasing as well... what do you think R1? Ford has been getting hyped for increasing pop. and higher quality cars... due for a pull back imo. but looks like it'll keep running..
Posted by Free Muney on :
volume today 65 mill. avg vol. 15 mill..
Posted by R1 Man on :
quote:Originally posted by Free Muney: a LOT of accum on ford right now... volume increasing as well... what do you think R1? Ford has been getting hyped for increasing pop. and higher quality cars... due for a pull back imo. but looks like it'll keep running..
Ford = SELL......think, look at the chart and look at how many times this stock dipped. They have enormous pressure to get profits. Sure they are #2 auto maker again in the USA but still doesn't mean anything. My opinion is to take profits. If it drops back around $6.50 I will jump back in but you should be SIRI now....but don't buy now....you missed the boat. I think SIRI will hit $3.00-3.25 soon. Watch!!
Good Luck!!
Posted by R1 Man on :
Ohhh yeah.....watch AIRLINE stocks. They all got beat down 16-20% yesterday. Should be good day traders. Just don't hold them over night or you might regret it when the market opens.
Posted by R1 Man on :
ONT $0.84....Buy and sell at $0.90 for a 7.1% gain.
MCEL...$0.07....buy and sell at $0.09 for a 28.6% gain.
Posted by R1 Man on :
FORD....Sorry.....who would of guessed they would make $100,000,000???? Anyways....now sell!
GE....$33.24 $35.00 will be soon
SIRI....$2.75 $3.00 will be soon
This is a great day for the market.
Posted by cyates on :
CPTC.OB they are in the wind enegy business and its a good one to be in i work in this industry i think this could go somewhere
Posted by cyates on :
GE will definely go to 35..my GE shares are adding up every week Posted by R1 Man on :
quote:Originally posted by cyates: CPTC.OB they are in the wind enegy business and its a good one to be in i work in this industry i think this could go somewhere
I will look into the company when I get a chance. I do agree that alternative energy will be more important as energy costs go up. As for wind energy. My uncle bought a wind mill and plans on buying another later this year. The government gives a rebate so it helps boosts sales. However....as the population grows....it will be harder to sell them. I could never have one living in a city. Now Geothermal energy is all good. Anyone can have them installed and gov. gives rebates. They pay for themselves in 5-6 years I think. Its a great market to look at for LONG POSITIONS. SOLAR, GEO and WIND.
Posted by cyates on :
cptc up 3% i posted bwen on another board its up 21% today i bought it back when it was 1.50 but sold it to early:(
Posted by R1 Man on :
quote:Originally posted by R1 Man: WM....$12.63.....Washington Mutual. Stock to keep an eye on. Not buy right now. But I noticed it has been more like a short term day trader but was work $40+ a year ago.
WM....$10.91....getting close. Keep watching.
SIRI....$2.81....up 12.9% from pick.
Posted by Jo4321 on :
I sold my ONT last week and just added another $3,100 to my account and was planning on buying it. DAMN!!! I just saw this and was coming on to post about it. I think I will take advantage of the excitement and watch it in the morning.
Jo....did you have any? I bet it still hits the $1.40 like I said before.
Posted by R1 Man on :
quote:Originally posted by R1 Man:
quote:Originally posted by R1 Man: CROX....$17.78...Buy....Sell at $20.00
SIRI.....$2.49....BUY....Sell at $3.00
GE.....sell is $36.00
CROX....dropped to $10.48 because of earning estimate was lowered.
CROX.....$12.02....up 20% today!!
Posted by R1 Man on :
MO.....$21.02. 52 week high was $79.59
Posted by Jo4321 on :
I do have some ONT, R1, however, I have it at $1.19, so I hope you are right about the $1.40.
Jo
Posted by R1 Man on :
RSH....$14.68. Price target is $20.00. Sell at $16 for a 9% gain.
TE....$18.96. Price target is $21.50. Sell at $20.00 for a 5.5% gain.
GE....$32.27....good time to load up.
Posted by R1 Man on :
CCOI....18.63. Down 17.88% today. This stock has a lot of peaks. Interesting!!
Posted by R1 Man on :
quote:Originally posted by R1 Man: CCOI....18.63. Down 17.88% today. This stock has a lot of peaks. Interesting!!
Bought in at $18.50.
Posted by R1 Man on :
quote:Originally posted by R1 Man:
quote:Originally posted by R1 Man: CCOI....18.63. Down 17.88% today. This stock has a lot of peaks. Interesting!!
Bought in at $18.50.
Damn....took a bath on this one. Bought in too soon Posted by R1 Man on :
SIRI....$2.87 close. Up 15.7% from pick.
RSH.....$15.16 close. Up 3.3% from pick.
ONT....$1.03 bid.
CCOI....$16.86 close. Almost dumped it at $15.60 today....didn't. Almost reloaded and didn't also....DAMN!!! Anyways, I think it will move up another 5% today is my prediction. So it has to close at $17.70. Hmmmm.....Tough!!! But I have faith in it.
Posted by R1 Man on :
These are stocks I have on radar or my father does. I don't have time right now to look them over and debate but worth a look!!
WTSLA HIMAX...wrong ticker....hmmm??? PAYX NR GPOR EMS MEA KNOT AOB MO CFC UM NCC TE RSH CCOI
Posted by R1 Man on :
quote:Originally posted by R1 Man: SIRI....$2.87 close. Up 15.7% from pick.
RSH.....$15.16 close. Up 3.3% from pick.
ONT....$1.03 bid.
CCOI....$16.86 close. Almost dumped it at $15.60 today....didn't. Almost reloaded and didn't also....DAMN!!! Anyways, I think it will move up another 5% today is my prediction. So it has to close at $17.70. Hmmmm.....Tough!!! But I have faith in it.
RSH....$15.67. Doing great!!
CCOI....$16.94....didn't hit what I wanted but HOD is $17.41. Still holding. Dumping at $19.00 now instead of $20.00.
GE is up also....$32.65
Posted by R1 Man on :
Updates....
CCOI....$17.60
RSH....$15.50
SIRI....$2.81
GM.....$20.77
MCEL....$0.061....crashed and coming back
AMRN....$2.72
INTC....$24.20. I said buy back when it was around $20
GE.....$32.34
QTWW....$1.69
TE......$19.06
USU.....$6.04
CROX....$10.94
Posted by R1 Man on :
quote:Originally posted by R1 Man: RSH....$14.68. Price target is $20.00. Sell at $16 for a 9% gain.
TE....$18.96. Price target is $21.50. Sell at $20.00 for a 5.5% gain.
RSH....$15.85...almost there....can hold for $16.50 if you want.
TE.....$19.25. Closer.
Posted by R1 Man on :
quote:Originally posted by R1 Man: MO.....$21.02. 52 week high was $79.59
MO....$22.45....up 6.8%
Posted by R1 Man on :
Wow....Oil $133 a barrel. Stocks go down a lot. SUCKS!!!
Posted by R1 Man on :
GM....$17.60....Buy. Sell at $19-20. I'm loaded up on it and getting more Tuesday.
Posted by R1 Man on :
BAC....$34 something....cheap too.
Posted by R1 Man on :
RSH.....$13.96.....buy
Posted by R1 Man on :
IDEV....$1.33. Worth a look....went from $4.00 last week to that because of an FDA delay in approval in a drug.
Been loading up on GM stock. Still holding CCOI. I flipped SIRI and ONT again for $130 a pop in 1 day. Debating on what to buy next....thinking of grabbing more GM at $16.85???
I still believe SIRI will hit $3.00 just to clearify....I am holding a lot of SIRI shares right now also....just sold a partial.
Good luck all!!
Posted by zoltan on :
I got a spare few hundred dollars and im going to try swing trading got a order in for IDEV new to this kind of investing.
Posted by markjz on :
Buy and hold these stocks when they reach the noted target price for a conservative minimum 5% profit.
KO $55.50 GE $29.80 PFE $17.70 BA $70.00 BAC $29.50
Posted by Free Muney on :
R1 how bout ford seems like a better swing play imo.
Posted by Free Muney on :
^ than GM. to clarify...
Posted by R1 Man on :
quote:Originally posted by Free Muney: R1 how bout ford seems like a better swing play imo.
F is a good swing but I think it might drop down to $5.80. GM is expected to be a top performer. It hasn't been as low as Ford so investors jump all over it when its as low as it is now. Its a mental game. But Ford has been down to $5.50 range. Sad part is, I have a guy at work who dumped over $50,000 in it when Korkerian bought his shares at $8.50 a share or whatever it was. He seemed to remember that when Korkerian bought GM the stock went up...I remember it going down and told this guy not to buy. Some people are just idiots.
GM is easier to flip because it can move $0.50-1.25 in a single day.
IDEV....I never bought any and it has moved up since my pick. Currently at $1.39.
Posted by R1 Man on :
quote:Originally posted by markjz: Buy and hold these stocks when they reach the noted target price for a conservative minimum 5% profit.
KO $55.50 GE $29.80 PFE $17.70 BA $70.00 BAC $29.50
KO....Coke....I would stay away at that price. It is up 4% from your pick but its already up around its 3 year high which scares me.
GE....Great buy!
PFE...Phizer....Good buy....sell at $19.50
BA.....Boeing, I think I would stay away from this one also. Not comfortable with airlines situations with rising fuel costs. If airlines are struggling then they would give less business to companies like Boeing.
BAC....Bank of America....Great buy!!
Mark...I like your picks and hope you continue posting them when you get them.
ONT can be flipped again right now....Buy $0.77....exit $0.81....5.2% gain.
SIRI.......$2.55 Buy now also....this stock will hit $3.00.
Posted by R1 Man on :
Good to read. Ford closed at $6.12 I believe. Good time to buy I think if Kerkorian still buys his shares.
Kerkorian's move on Ford flushes out the doubters 3:01p ET June 10, 2008 (MarketWatch) SAN FRANCISCO (MarketWatch) -- You've got to admire Kirk Kerkorian's pluck. But can it turn around Ford Motor Co.?
His investment company, Tracinda Corp., announced Tuesday that it still intends to buy 20 million shares of Ford , or about 5.5% of the company. Owners of a billion shares -- nearly half of those on the market -- rushed to sell, which was hardly surprising given that Kerkorian was willing to pony up $8.50 a share for a stock currently trading at $6.20. See full story.
What is he thinking? Gasoline prices have topped $4 a gallon. Ford, for years heavily dependent on oversize pickups and SUVs for the bulk of its profits, has seen its sales plunge 16% from a year ago. Despite a draconian overhaul of its product line and massive layoffs, Chief Executive Alan Mulally last month warned that the company was going to miss its previous target of profitability by 2009.
So what does Kerkorian see in Ford that others don't?
Hard to say. Certainly, most of the headlines on the U.S. auto industry read like obituaries. An investment in Ford or its bigger crosstown rival, General Motors Corp. , certainly doesn't fit any strategy for quick profits. Nor does it make sense if the objective is capital preservation.
But Kerkorian must see something in Ford's future that eludes most investors. That could be reason enough for the bigger risk-takers out there to revisit the company's prospects.
Kerkorian made a similar bet on GM, building up a 7.4% stake in the automaker over the past few years while it struggled to defend market share in the face of intense pressure from the Japanese. Through Tracinda, Kerkorian pumped about $1.6 billion into GM, installed his sidekick Jerry York on the board and raised all sorts of hell at the company.
In late 2006, Kerkorian dumped his stake in GM, disgruntled over its slow pace of change. He may have been disgruntled, but he walked away with $100 million in profit for his trouble.
Investors with the cash and fortitude to hang in there are no doubt hoping Kerkorian nudges Ford's share price in the same direction and then some. Disgruntled or not, that's how he got to be a billionaire -- making big bets that often go dead against market sentiment.
-- Jim Jelter, corporates editor
Posted by R1 Man on :
ABPI.....Premarket....$1.40 Closed yesterday at $1.09. News came out about 36 month study with 100% improvement. Ask is now $1.45....Sold at $1.45. Could hit $1.60-1.75 today....any higher and DAMN!!! WISH I HAD BOUGHT SOME!!!!
Posted by R1 Man on :
quote:Originally posted by R1 Man: IDEV....$1.33. Worth a look....went from $4.00 last week to that because of an FDA delay in approval in a drug.
$1.54....up 15.8% from pick.
Posted by R1 Man on :
quote:Originally posted by R1 Man:
quote:Originally posted by R1 Man: IDEV....$1.33. Worth a look....went from $4.00 last week to that because of an FDA delay in approval in a drug.
$1.54....up 15.8% from pick.
$1.74....up 31%....DAMN!!!
Posted by R1 Man on :
quote:Originally posted by R1 Man:
quote:Originally posted by R1 Man:
quote:Originally posted by R1 Man: IDEV....$1.33. Worth a look....went from $4.00 last week to that because of an FDA delay in approval in a drug.
$1.54....up 15.8% from pick.
$1.74....up 31%....DAMN!!!
$1.89....up 42.1% from pick. If I owned this and had held this long, I think I would sell now. JMO.
ONT...$0.74....good entry....sell at $0.80.
Posted by Free Muney on :
good look at idev. I was right about ford. havent played it tho... naturally. been holding on cpst for a week. just broke to a new high and is not super overbought yet. good earnings and continued new orders in a hot sector. looking strong.
Posted by Free Muney on :
NOA i got in on friday because of inflation in energy sector and before earnings. ICO for energy play as well. Sold short LEN friday before earnings this week.
Dow is looking to trade green this week imo. Super oversold chart wise.
Ford is getting crushed! glad i stayed clear....
Posted by R1 Man on :
quote:Originally posted by Free Muney: NOA i got in on friday because of inflation in energy sector and before earnings. ICO for energy play as well. Sold short LEN friday before earnings this week.
Dow is looking to trade green this week imo. Super oversold chart wise.
Ford is getting crushed! glad i stayed clear....
Yeah, you got lucky!!
F is a good buy now I think. $5.32.....however....I thought GM was a great buy at $17 and now its at $12.91. The market is WACK!!!!! SIRI is $1.93. Damn GAS PRICES!!!!
Posted by SoAngel on :
I got in F on Friday at 5.75 and tried to get out today at 5.90 when the market opened. Now I am down pretty good on it. I plan to pick some more up in the morning near 5.30.
Posted by R1 Man on :
RAD....Rite Aid. $1.67. Its at the 52 week low now. Keep an eye on it. They are still opening stores. Its a long term play but might be worth a look.
Posted by R1 Man on :
ACE.....$57.28 they will pay $8.00 in Divys this year. Not bad at all to diversify.
Posted by R1 Man on :
INTC.......$20.71. Watch for a spike. They beat the street by 25% in earnings.
I took my $9,000 loss on GM in hopes to buy back in cheaper. Sold today at $9.96. I really am confused with the markets lately. SIRI is moving back up again....but still. They rely on new car sales to boost customers. Almost all new Dodge trucks are sold with 1 year free subcription of SIRIS. But if people are buying economy cars....will they come with SIRIS Radio? They also went down because radios installed in new cars today have that AUX imput for IPODS and other gadgets. That is the main reason SIRIS dropped in the first place. I am planning on jumping back in either F or GM again. Just not sure right now. Almost took my $9,000 I dropped in the account a month ago and bought ONT at $0.42. Wish I had!!! Thinking of selling some of these stocks short now.
I listened on the news radio about IRAN in how they control the price of OIL. They had that hoax of a missle they sent to ISREAL in hopes they would bomb them. If that would happen then OIL would hit $350 a barrel. They also said it costs IRAN $1-5.00 a barrel. And that they are making $140 a barrel profit now. That really scares me. Glad BUSH never attacked them. Then they talked about the guy in South America in how he jacks up the price because he is huge ANTI USA. Its just getting sick out here. Housing has crashed even more. They just sold a house today 3 houses down from me for $35,000 cash. 5 years ago housing was selling for $150,000. Are we going into a recession???? It feels that way in Michigan. Job losses for that extra savings by CHINA doing our work. Just the other day I looked in my sister's house and grabbed 9 random items. 7 was made in CHINA, 1 in BRAZIL and 1 in KOREA. Nothing was made in the USA. What does that say? I challange you all to try it sometime and post the results. The items we had was a DODGE hat, Nail Clippers, Blanket, Office Chair, Board Game, doll, Shoes, Key Fob (Remote for car) and a lamp. The nail clippers were Korea, forgot which item was BRAZIL...wasn't shoes, blanket, doll, hat, or lamp....thinking maybe the office chair. Anyways....If we could boycot items that are made in other countries, only then can our economy have a chance. I also listen to the candidates say...we will train people to do high tech jobs.......yeah....what jobs??? Nobody cares about the AUTO INDUSTRY, TRADE, etc. But when the auto industry takes a hit and we have no money to buy USA made, then and only then will the rest of the USA realize how bad it is.
Sorry for the rant.....just confused and pissed off about everything.
Posted by R1 Man on :
INTC....$21.10 now.
FRE....$6.08. Was thinking of loading up yesterday.
GM....$10.68
F.....$4.90
ONT....$0.64
GE.....$27.10
BAC....$20.39
SIRI...$2.04
Just a few I have my eyes on.
Posted by R1 Man on :
grabbed 1,000 shares of FRE at $6.03. Selling at $6.15
Posted by R1 Man on :
FRE....$6.23. Out!!
Posted by R1 Man on :
So....Messed up and should of held longer. Ohh well.
Stocks to watch are:
GM F FRE FNM CTSH....In right now at $28.21...selling $29.23 CSCO
Posted by R1 Man on :
Grabbed some F at $5.20 today. Exit is $5.50
Adjusted CTSH sell at $29.00
Posted by R1 Man on :
Sold CTSH at $28.50.
Sold F at $5.45.
Bought 1,000 shares of FNM at $10.72 right before bell. Thinking it will hit $12 Friday. Will post sell price Friday.
Posted by R1 Man on :
quote:Originally posted by R1 Man: INTC....$21.10 now.
FRE....$6.08. Was thinking of loading up yesterday.
GM....$10.68
F.....$4.90
ONT....$0.64
GE.....$27.10
BAC....$20.39
SIRI...$2.04
Just a few I have my eyes on.
DAMN!! The GOLDEN LIST!!!
INTC....$21.99...up 4.2%
FRE....$8.33....up 37%
GM....$12.85....up 20.3%
F.....$5.49.....up 12%
ONT....$0.65....up 1.5%
GE.....$28.00....up 3.3%
BAC....$26.50....Up 30%
SIRI...$2.10...$2.14 AH........up 4.9%
BEST POST I think I have ever made.
Will make an awesome list Friday if my son lets me.
Those are some good calls R1. Keep it up. TMAN...
Posted by R1 Man on :
My sell on FNM was set for $11.50 and it sold at $12.45 at opening bell. WOW!!!! Sooooooo HAPPY!!! Made $1,245.
CTSH.......Great buy right now. $27.90. Want to sell that one at $28.30. Should be an easy flip. But it gives me 3 strikes to being a DAY TRADER. Damn!!!
FNM.....Time to get in again. $11.59. Sell at $12.00.
Posted by R1 Man on :
Missed the boat again on FNM.... Should of been buying instead of posting here. Trying to grab 1,400 shares at $11.60...selling $12.00 if I get it.
Posted by R1 Man on :
Loaded with 1,400 shares of FNM. Exit $12.00 My father says change my sell to $12.50. Have to think about that. I am more conservative. Looking for $560 gain....$12.50 would give me $1,260 gain. ????? Have to watch and get a feel. But $12 is target.
Posted by R1 Man on :
FNM.....$11.42....grab it while its hot!!!
Posted by R1 Man on :
FNM....changed sell to $12.30. Off to play outside with my son.
Posted by R1 Man on :
FRE....target entry is $8.50...exit $9.00 Not in this one right now.
Posted by R1 Man on :
FNM.....hit $11.95. Getting closer. Too hot outside for my son and I.
Posted by R1 Man on :
FNM....SOLD $12.30. Well, my father was right....there is $12.50 now. DAMN!!!
Posted by R1 Man on :
FNM......Ummmm......DAMN!!! It didn't stop at $12.50....can we say $13.09. HOLY COW!!!!!
Well, the stage is set now fellas. Entry below $12. Exit at $13.
Now at $13.43.....NOTE TO SELF....BE GREEDY NEXT TIME!!!
Posted by R1 Man on :
F....Going for 4,500 shares at $5.30. Will hold over the weekend. Exit $5.50 or more. As long as GM moves, F will too.
Posted by R1 Man on :
SIRI....$2.26
Still no buy on F yet.
CTSH is a buy right now....$28.03
FNM....$12.62....can load up as long as you sell at $13. If I don't get F, I will grab more FNM.
Posted by R1 Man on :
WB.....$12.46....worth a look. Uncertain what it will do but its very low from last week. Might be a bargin or a headache.
Posted by R1 Man on :
FNM....$13.23....up 6% again from last pick price.
Posted by R1 Man on :
DAMN!!!!! Didn't get anything yet. Need something!!
Thinking FRE at $9.15
Posted by R1 Man on :
Grabbed 2,000 shares of FRE at $8.98. Selling Monday. See what happens next. Thinking sell price is $9.50 for a $1,040 gain.
Posted by R1 Man on :
FRE closed at $9.18. Up $400 at close. Maybe I will get lucky and they will open Monday at $12.45 Posted by SoAngel on :
Good luck!
Posted by tmanfromtexas on :
You are on fire R1. Will be watching next week. Have a great weekend. TMAN...
Posted by R1 Man on :
quote:Originally posted by tmanfromtexas: You are on fire R1. Will be watching next week. Have a great weekend. TMAN...
Monday I am selling and going on vacation. Sorry guys. Have another Maintance call of $7,000. LOL!! Ohhh well.
FRE bid is $9.12 FNM bid is $13.73....will likely move up more. F bid is $5.32 GM bid is $13.10 SIRI bid is $2.31 JAVA bid is $9.49 BAC bid is $27.37 CTSH bid is $27.93 RF bid is $10.08 WB bid is $12.75
I believe as long as CRUDE OIL keeps going down or even stay flat at this point, we will see the market continue to move up. We will X our fingers.
Here is something to think about. The Dow and Nasd has moved down a ton in the past 6 months. Look at what all these stock prices back then. Now look at them now. If consumer confidence would go back up, imagine the gains in any stock. I think anyone could sit on any of these stocks and make 50%...as much as 500% with a select few. Think LONG....6 months to a year. One hell of a gain.
Have a great weekend everyone and hope you followed my trades and made all that $$$. Good luck next week.
Posted by R1 Man on :
BAC.....WOW!!! Bid premarket is $30.95 FRE.... Bid Premarket is over $10.22....Good day coming. FNM....Premarket bid is over $15.00 WB....$13.56 Bid RF Bid $10.40 SIRI....$2.35 CTSH....$28.10
Kicker.....Risky but hell of a return
ABPI....$0.92 last sale. I'm sure this will get back to $1.00. Should be able to get in around $0.88. So 13.6% gain potential.
Posted by R1 Man on :
Sitting PRETTY!!!!
Selling at $10.30 and buying back in and holding overnight again.
Posted by R1 Man on :
FNM.....$16.75
Posted by R1 Man on :
FRE......Sold at $10.40
Posted by R1 Man on :
FNM.....$17.75
Posted by SoAngel on :
Congrats on FRE, she is heading down right now; you have a target buy price in mind for this round ?
Posted by R1 Man on :
Back in FRE at $10.15....2nd guessed myself. Had order for $10.00. DAMN!! BUY NOW!!! Its $9.98. Sell at $10.60.
Posted by SoAngel on :
You are holding overnight again ? I hate not having a day-trade account Posted by R1 Man on :
Yes I am holding. I have 3 strikes against me right now before I get classified as a day trader. Not sure if I want to be one yet. Have to do some research.
I had to adjust my sell on FRE to $12 so I know it won't sell today. But should hit $10.60 today I believe. Maybe even touch $11. I think if it closes up around $10.40 - $10.60. We will see $11 range on Tuesday then. If I leave around close I will adjust so it sells tuesday. Hate holding stocks overnight....especially when they have gone up so much and I'm leaving for 4 days.
ABPI....Hit $1.00
Posted by R1 Man on :
FRE.....WOW I missed my entry.....$9.30 just a few minutes ago. So much for my nice gain. The whole market is down right now. Oil went up a little. Sorry if any of you bought in at my target. It should get back to $10 today though. Strange....how the market is.
Posted by R1 Man on :
ARTC.....Take a look. $23.46 Might catch a bounce later this week.
Posted by Bill2Drunk on :
On vacation. Its R1Man. Best Western has a computer for guests. Little kids saved me from selling at a loss this morning since playing games online is HUGE IMPORTANCE!!!
Anyways, I got sick this morning when I saw the stock price of FRE. Still holding. But closed at $9.70. I am still holding for $12.00. It was weird seeing the market so down this morning. Not sure what happened. I saw all my picks in the RED big time and now they are all positive.
RF, GM, F, WB, FNM, FRE, RAD, ABPI, BAC and a few others. Interesting!! Only if I had bought Tuesday morning instead of Monday. Doh.......Well good luck all. Be back Monday with some new picks.
Posted by SoAngel on :
Still holding for 12.00 ? Made a nice run early, curious if you got out or held.
I guess if you are away, you are probably still holding. Good luck!
Posted by R1 Man on :
First off, I am Bill2Drunk just so you all know.
I flipped it Wednesday. Sold FRE at $11.25 and bought back in at $10.94. Set the sell at $11.60 and made it a DAY order....opps.......Would of sold Thursday for another profit. So lesson learned. Ameritrade sold 1075 shares for a $2,815 loss on my behalf since they wanted to close in on Margin. Ohhh well....I'm holding my other 1125 shares for $12 or around there. Unless I see something hot. But now I can't buy FRE since I took a mandatory loss so I don't violate the wash rule.
RSH has really made a comeback. $16+ range now.
Have to see what comes of next week and take it from there.
Posted by R1 Man on :
FRE, FNM.....Passed Senate with the housing bill. Should move back up no problem. Still holding.
Posted by R1 Man on :
Cramer's picks and stocks on the topics.
MER JBLU WYE DENN
Cramer picks:
Verizon T KMB CLB......says an awesome pick. MAS
I have not looked into these lately. Have my son all week.
Posted by R1 Man on :
MER....$26.92 JBLU...$5.40 WYE....$39.00....down from yesterday DENN...$2.86 CLB....$127.25 KMB....$57.61 T......$30.91
Should be a positive day if your in a position. Still sitting on FRE.
Posted by Free Muney on :
hey r1 haven't been on ur thread in awhile. Atvid is a good earnings swing play. going to get into at&t soon.
Made a really good play on wlt. 2 days ago sold today for a 18% profit *pats self on back*
current holdings,
Mot, short(getting smoked by competition) Atvid, earnings play (largest position, GREAT Videogame Portfolio) Syna, (smart phone touchscreen mfg.) earnings play Nue, (value stock, although broke my own rule for going long on a bearish chart...Low p/e and great growth)
Posted by R1 Man on :
I will look at your picks Free Muney.
I go back to work Monday so trading and research will be limited. I am thinking of stable stocks that pay DIVYs. Doing a screener right now.
Monthly Divys: DPO....$14.30.....14.11% CVP....$3.64......21.69% ENT....$3.56......21.43% HTE....$19.93.....18.11%.......I really like this one. PGH....$17.57.....15.39%
CVP Centerplate Inc. Monthly 21.69% Buy Sell ENT Enterra Energy Trust (USA) Monthly 21.43% Buy Sell VRTB Vestin Realty Mortgage II, Inc. Monthly 20.38% Buy Sell HTE Harvest Energy Trust (USA) Monthly 18.11% Buy Sell CFP Cornerstone Progressive Return Fund Monthly 18.01% Buy Sell PGH Pengrowth Energy Trust (USA) Monthly 15.39% Buy Sell DPO Dow 30 Enhanced Premium & Income Fd Inc. Monthly 14.11% Buy Sell IID ING International High Dividend Equity Monthly 14.02% Buy Sell PVX Provident Energy Trust (USA) Monthly 14.00% Buy Sell HGT Hugoton Royalty Trust Monthly 13.90% Buy Sell INB Cohen and Steers Global Income Builder Monthly 13.63% Buy Sell RCR RMR Dividend Capture Fund Monthly 13.60% Buy Sell PWE Penn West Energy Trust (USA) Monthly 13.47% Buy Sell WHI W Holding Company, Inc. Monthly 13.37% Buy Sell GAIN Gladstone Investment Corporation Monthly 13.35% Buy Sell IGD ING Global Equity Divid.&Premium Opp-ETF Monthly 13.10% Buy Sell AAV Advantage Energy Income Fund (USA) Monthly 13.04% Buy Sell PBT Permian Basin Royalty Trust Monthly 12.88% Buy Sell ERF Enerplus Resources Fund (USA) Monthly 12.60% Buy Sell LBC Lehman Brothers First Trust IOF Monthly 12.55% Buy Sell GOF Claymore/Guggenheim Strt Opp. Fund (ETF) Monthly 12.16% Buy Sell MTR Mesa Royalty Trust Monthly 12.13% Buy Sell CHY Calamos Convertible & Hi Income Fund Monthly 11.40% Buy Sell HYI High Yield Income Fund Monthly 11.11% Buy Sell CIK Credit Suisse AM Inc Fund Inc. Monthly 11.04% Buy Sell HYP The High Yield Plus Fund, Inc. Monthly 10.71% Buy Sell PKO PIMCO Income Opportunity Fund Monthly 10.61% Buy Sell SBR Sabine Royalty Trust Monthly 10.61% Buy Sell VRTA Vestin Realty Mortgage I Inc. Monthly 10.57% Buy Sell EVV Eaton Vance Limited Duration Income Fund Monthly 10.36% Buy Sell GLAD Gladstone Capital Corporation Monthly 10.23% Buy Sell SJT San Juan Basin Royalty Trust Monthly 10.21% Buy Sell EBI Evergreen Int'l Balanced Income Fund Monthly 10.14% Buy Sell EOI Eaton Vance Enhanced Equity Income Fund Monthly 10.12% Buy Sell CRT Cross Timbers Royalty Trust Monthly 10.07% Buy Sell BTE Baytex Energy Trust (CAN) Monthly 10.03% Buy Sell GHI Global High Income Fund Inc. Monthly 9.41% Buy Sell MTP MLP Strategy Equity Fund Inc. Monthly 9.38% Buy Sell LHO LaSalle Hotel Properties Monthly 9.12% Buy Sell PIM Putnam Master Int. Income Monthly 9.06% Buy Sell GOOD Gladstone Commercial Corporation Monthly 8.96% Buy Sell LRT LL&E Royalty Trust Monthly 8.27% Buy Sell TIP iShares Lehman TIPS Bond (ETF) Monthly 8.26% Buy Sell PGF PowerShares Fin. Preferred Port. (ETF) Monthly 8.10% Buy Sell MRF American Income Fund, Inc. Monthly 7.79% Buy Sell ACG AllianceBernstein Income Fund Inc. Monthly 7.35% Buy Sell DNP DNP Select Income Fund Inc. Monthly 7.34% Buy Sell FT Franklin Universal Trust Monthly 7.34% Buy Sell PDS Precision Drilling Trust (USA) Monthly 7.19% Buy Sell AMY AmREIT Monthly 7.18% Buy Sell
Posted by R1 Man on :
quote:Originally posted by Free Muney: hey r1 haven't been on ur thread in awhile. Atvid is a good earnings swing play. going to get into at&t soon.
Made a really good play on wlt. 2 days ago sold today for a 18% profit *pats self on back*
current holdings,
Mot, short(getting smoked by competition) Atvid, earnings play (largest position, GREAT Videogame Portfolio) Syna, (smart phone touchscreen mfg.) earnings play Nue, (value stock, although broke my own rule for going long on a bearish chart...Low p/e and great growth)
Now to give you my thoughts.
MOT....you screwed up. If you want to short a stock....short the financial stocks right at opening bell and cover 1 hour later. I have kicked myself in the butt each morning.
Sorry, had a call....will look into later tonight.
Posted by R1 Man on :
F.....$4.84.......time to LOAD UP! Exit $5.25-5.50 SIRI..$1.62.......GO LONG!!! Exit $3.50.
EDAC.....$4.53. Took a beating today....Should move back up some Thursday. Maybe exit $5.00.
Posted by R1 Man on :
Market is going to open in the RED today.
Posted by R1 Man on :
Loading up on ONT * $0.51. Selling at $0.55. Not in yet....but grabbing 16,700 shares.
Posted by Free Muney on :
syna's earnings were great. and they announced a 3 for 2 stock split for shareholders on record on august 15th. I believe that this stock should fly the next 2 weeks. before the split on accum. do you agree R1?
atvid released earnings and they were great as well and the stock gapped down. weird. now im confused. with the merger of Blizzard this stock should be GOLD. but the short term movements are scaring me so i'll be staying on the sidelines until a trend develops.
ps u were really right about mot. poo.
Posted by R1 Man on :
quote:Originally posted by Free Muney: syna's earnings were great. and they announced a 3 for 2 stock split for shareholders on record on august 15th. I believe that this stock should fly the next 2 weeks. before the split on accum. do you agree R1?
atvid released earnings and they were great as well and the stock gapped down. weird. now im confused. with the merger of Blizzard this stock should be GOLD. but the short term movements are scaring me so i'll be staying on the sidelines until a trend develops.
ps u were really right about mot. poo.
SYNA.....you are right. Should move up to $55 range before split. Maybe as high as $60. However, when the split occurs. They will adjust the charts and stock price accordingly. But stocks that split positive usually go down afterwards then move back up to pre-split levels. Good luck on this one.
I bought SCA at $2.45 Friday and its at $2.60 now and Ameritrade won't let me sell it. Says they are doing a name change. WTH??? They said its not trading today either, all my tools shows it trading. Maybe they are doing me a favor, but I want my profits why they are profits.
Posted by R1 Man on :
FRE....$7.50......Thinking great time to LOAD UP again.
FNM....$11.14.....I would LOAD UP if it hits in $10.50 Range.
F......$4.69......LOAD UP TIME......exit $4.90
ONT....$0.53. Start adding your profits into this stock for a 5-8 month LONG position. Will get back into $1.00 range next year...(Notice I said Will....not should). My favorite money maker. I'm loaded up 1,800 shares at $0.509 so far.
RAD....$1.30. I think this will pop sometime. I want to grab maybe 2,000 shares when I get some money free and sit on it.
Posted by R1 Man on :
quote:Originally posted by R1 Man: FRE....$7.50......Thinking great time to LOAD UP again.
FNM....$11.14.....I would LOAD UP if it hits in $10.50 Range.
F......$4.69......LOAD UP TIME......exit $4.90
ONT....$0.53. Start adding your profits into this stock for a 5-8 month LONG position. Will get back into $1.00 range next year...(Notice I said Will....not should). My favorite money maker. I'm loaded up 1,800 shares at $0.509 so far.
RAD....$1.30. I think this will pop sometime. I want to grab maybe 2,000 shares when I get some money free and sit on it.
Dumped ONT at $0.545.....will add more again at $0.51
FNM....gained a ton....back almost at $12.
F hit $4.90
FRE....moved up $7.81
Posted by tmanfromtexas on :
Nice call R1. Gotta check this thread more often.
Posted by R1 Man on :
One more day before my money is unlocked...note to everyone. NEVER buy a security right before a name change. SCA is my teacher of that. I was up over $600 Monday morning and was tring to sell so I could grab F. Wrong....3 day wait for funds to settle and I have a margin account. How gay!! Maybe its really a sign in HOLD IT and make even more....I HOPE
SIRI......will be big today. Premarket bid $1.49....up $0.10.
CVP....Pays Divy soon. I like this one a lot. Remember, Monthly Divy stocks I posted. This one pays 20% Divy over a year of current price.
RAD...here it is. Buy target is $1.27....exit is $1.33. Make 4.72% Should be a 1 week flip. I kind of want to flip this just for equity trading. (Not sure, ask)
ONT....Buy is going back in. $0.51.
Can someone go back to my picks last year and find the posts about stocks that swing quarterly. I know I had some great ones on there. Think its around page 15 or so. I'm sure we can make some needed money on them still.
Posted by R1 Man on :
quote:Originally posted by R1 Man: Take a look at these:
ESST....$1.07....not a favorite by any means
ACOR....$3.00....price target is $4.50 (rated that)
CATS.....$3.39.
Old post from September 2006. I wish I had held the ACOR stock. Its up 1049%
No luck yet in finding the stocks I am refering to above.
Posted by R1 Man on :
quote:Originally posted by R1 Man: FRE....$7.50......Thinking great time to LOAD UP again.
FNM....$11.14.....I would LOAD UP if it hits in $10.50 Range.
F......$4.69......LOAD UP TIME......exit $4.90
ONT....$0.53. Start adding your profits into this stock for a 5-8 month LONG position. Will get back into $1.00 range next year...(Notice I said Will....not should). My favorite money maker. I'm loaded up 1,800 shares at $0.509 so far.
RAD....$1.30. I think this will pop sometime. I want to grab maybe 2,000 shares when I get some money free and sit on it.
FRE....$7.90....up 5.3%
FNM....$12.47...up 11.9%
F......$4.95....up 6.5%
RAD....$1.35....up 3.8%
SCA....Premarket was about $2.90....opened at $2.70. I hope it stays like that Wednesday. Then I can sell it. In at $2.45.
Posted by R1 Man on :
quote:Originally posted by Free Muney: syna's earnings were great. and they announced a 3 for 2 stock split for shareholders on record on august 15th. I believe that this stock should fly the next 2 weeks. before the split on accum. do you agree R1?
Free Muney....I just looked at your pick SYNA again. This is the type of stock I have been looking for in terms of PATTERN TRADING. If you go back to a 3 year chart. Every APRIL and SEPTEMBER it moved up. Every JANUARY it moved down. These types of stocks are no brainers to play and predict. So, current price....I'd say buy because of the 3-2 split. Sell mid September.
If anyone has stocks that follow a Pattern like this one. Please post so we can compile a list for all of us to play from time to time.
ONT is one of them also.
Posted by R1 Man on :
BPOP....$6.97. Ride to $7.50....maybe even $8.00
Posted by R1 Man on :
quote:Originally posted by Free Muney: R1 how bout ford seems like a better swing play imo.
BTW....I should of listened to you. I lost $8,300 on GM. So next time Free Muney you give me advice, I will be listening!! So give me some advice.
Anyways, enough of that. Went through all my picks and all I can say is DAMN!!! Never thought I was that good at calling things. Too bad I didn't buy everything.
Stocks that caught my eye.
IDEV...$1.65....Day trader
HSOA...$0.68....Scary but never know. Used to be a $12+ stock. I'm not buying BTW.
CORT...$2.26. Good for a weekly flipper. High right now. Entry is $2.00...exit $2.20. However, it has potential to hit $3.00 again.
STEC...$10.70. I'm posting this as a stock to watch. I like how it moves during the day and I might plug it sometime soon. I won't hold overnight though.
I think this covers all my posts and everyone else's from page 20-this one. I looked at the first 20 pages and there are a ton of picks that did what was said and went belly up.
I also haven't done a stock screener like I used to do for years. I just look at the top 20 stocks for NYSE and NASD and pick out some. Also my father gives me picks. Sometimes I get picks off the stock streamer on MSN TV. Cramer is a tough one to use for picks. He says anything about a stock and it moves.
Posted by R1 Man on :
FRE....$6.58 Premarket. Interesting day!! Earnings due today.
FNM....$11.55 Premarket. Opportunity as well. Earnings due today.
SCA....$2.75 Premarket....still can sell....on phone with Ameritrade. Hit $3.00 this morning. Getting pissed!!!!
Posted by SoAngel on :
R1 Man - FRE earnings (losses) were reported already. Over 3x worse than anticipated...
Posted by R1 Man on :
Gotcha. I just woke up and have to call Ameritrade back in 20 minutes. SCA hit $3.03 this morning a few times. So, premarket FRE got punched in the face. You think it will go down to maybe $5.00 range?
Actually after looking at the market. Most of the financials are down this morning.
Posted by SoAngel on :
I am just going to be watching a 1 min and 5 min chart very closely this morning to try to figure out what is going to happen. My guess is it gets into the 5.XX range pretty quickly, but that is really just a guess. I would love to say I will take a quick daytrade position, but FRE got me pretty good last time I tried it, and getting even with stocks hasn't worked out well for me either.
FRE is pulling the financials down, plain and simple. I think FNM is going to be releasing their earnings on Friday, so we may get to see this happen twice in a week.
Posted by R1 Man on :
Ok. Hung up with Ameritrade. They said they have my stock shares but have to manually apply them to my account and won't get to it until lunch time. This is such BS!! So again, everyone needs to learn from this. SCA...Premarket selling for $2.75 now...$875 less then what I would of got. When the market opens, guessing it will be like $2.40 range....or $2,100 less then what I should of got.
Posted by SoAngel on :
FRE- bah! She turned around a little now, I should've jumped on the 6.40-6.50 pre-market, lol.
R1 Man- best of luck on the SCA situation. I have been watching as well.
Posted by R1 Man on :
I am just frustrated with it. Sold FNM to buy it, was going to sell and buy F....would of made money on F. Was going to buy back in FNM....would of made money there too. Still can't sell. Would of bought FRE premarket.
Posted by R1 Man on :
quote:Originally posted by R1 Man: I am just frustrated with it. Sold FNM to buy it, was going to sell and buy F....would of made money on F. Was going to buy back in FNM....would of made money there too. Still can't sell. Would of bought FRE premarket.
Now I can sell....price $2.65...still holding though. Selling at $2.75 now. Could of got $2.90 or higher premarket.
I might punch FNM at $11.90
Posted by R1 Man on :
quote:Originally posted by R1 Man: IDEV...$1.65....Day trader
IDEV...$1.77....up $7.3%
Posted by R1 Man on :
Just sold FRE SHORT 700 shares at $7.02. Crossing fingers. Covering at $6.80....maybe $6.88. Never sold short before. Will watch....might cover at $6.70.
Posted by R1 Man on :
Guess I screwed up. Sold another 700 at $7.06. Then it hits $7.21...oops. Adjusted cover to $6.94.
Posted by R1 Man on :
quote:Originally posted by R1 Man: Guess I screwed up. Sold another 700 at $7.06. Then it hits $7.21...oops. Adjusted cover to $6.94.
Out with $140 in my pocket. Looking to grab FNM at $12.00.
Posted by R1 Man on :
FNM...$11.95....jumped in. Might hold overnight. Thinking about it. Target exit if not holding overnight is $12.40.
Grabbed 9,150 shares of ONT at $0.5229.
RAD.....$1.28 x 1.29. I would grab some for LONG.
Posted by tmanfromtexas on :
Picked up 600 of BPOP yesterday at 6.97. Nice steady rise so far. Thanks for the picks R1. TMAN...
Posted by R1 Man on :
quote:Originally posted by tmanfromtexas: Picked up 600 of BPOP yesterday at 6.97. Nice steady rise so far. Thanks for the picks R1. TMAN...
That is great. Your up $168 of 4% I usually take profits after it moves 2-4%. When you do sell it. Try grabbing ONT at $0.51-52. Sell at $0.53-54. With the money you have there, you would make $140 a penny it moves. I did that a few times now. Well, good luck and if I can dump something, I will short SCA in premarket. It was $3.03 premarket. Closed very strong so guessing it will be $3.25 premarket then drop down to $2.80.
Posted by R1 Man on :
FRE....$6.41. Ride this to $6.90 today and DUMP!!
Posted by R1 Man on :
GPOR....$13.32 close Wednesday....premarket bid is $13.81. Earnings out of $0.35 per share compared to estimates of $0.27. That is why its up. So, question now is how high will it go? I'm thinking $17.00
Posted by R1 Man on :
quote:Originally posted by R1 Man: GPOR....$13.32 close Wednesday....premarket bid is $13.81. Earnings out of $0.35 per share compared to estimates of $0.27. That is why its up. So, question now is how high will it go? I'm thinking $17.00
$14.82...up 11.2%
Posted by R1 Man on :
quote:Originally posted by R1 Man: FRE....$6.41. Ride this to $6.90 today and DUMP!!
$6.07....missed this big time.
ALL the financial stocks are down. Hmmmm....???
Posted by tmanfromtexas on :
quote:Originally posted by R1 Man:
quote:Originally posted by tmanfromtexas: Picked up 600 of BPOP yesterday at 6.97. Nice steady rise so far. Thanks for the picks R1. TMAN...
That is great. Your up $168 of 4% I usually take profits after it moves 2-4%. When you do sell it. Try grabbing ONT at $0.51-52. Sell at $0.53-54. With the money you have there, you would make $140 a penny it moves. I did that a few times now. Well, good luck and if I can dump something, I will short SCA in premarket. It was $3.03 premarket. Closed very strong so guessing it will be $3.25 premarket then drop down to $2.80.
Got out at 7.31 and 7.33. TMAN...
Posted by R1 Man on :
quote:Originally posted by R1 Man: FNM...$11.95....jumped in. Might hold overnight. Thinking about it. Target exit if not holding overnight is $12.40.
Grabbed 9,150 shares of ONT at $0.5229.
RAD.....$1.28 x 1.29. I would grab some for LONG.
WOW.......this hurts pretty bad. Down $2,461 on FNM and down $575 on ONT. I think after I sell my FNM, I'm going to just short stocks for a while.
Posted by tmanfromtexas on :
I was able to pick up ONT at .50 yesterday. I was hoping for a little bounce but will be selling shortly if it doesnt turn around. TMAN...
Posted by R1 Man on :
WAVE...$0.96. Day trader. Ride to $1.00 and dump!!
My hands are tied behind my back right now. Can't really do anything for trading. Was going to dump FNM at $9.50 and jump back in at $9.00. Missed my chance...was in the shower. Think I will just hold everything and X my fingers.
Posted by R1 Man on :
WAVE bid is $1.05....ask $1.08.
Posted by R1 Man on :
Rode WAVE to $0.899 and dumped. Might short at $0.90. Cover $0.85. Have to think about it.
Might short F also.
SCA....$1.61 x $1.62. Might grab some and ride to $1.70
Posted by R1 Man on :
Sold VC short at $3.28. Covering at $3.00.
Posted by R1 Man on :
quote:Originally posted by R1 Man: Sold VC short at $3.28. Covering at $3.00.
Covered it at $3.22 and sold it short again at $3.29. Covering at $3.21.
Posted by R1 Man on :
quote:Originally posted by R1 Man:
quote:Originally posted by R1 Man: Sold VC short at $3.28. Covering at $3.00.
Covered it at $3.22 and sold it short again at $3.29. Covering at $3.21.
Out again. Right now the market has been kicking my butt. I buy something, it goes down. So what better way to deal with a BEAR market then just sell stocks short.
Posted by R1 Man on :
Here are a few long picks that are good for 30% over 6-12 months. Could be even sooner.
HL.......$7.19
NVDA.....$12.23
Posted by R1 Man on :
SIRI....$1.32. LOADED!!!
Posted by R1 Man on :
VC.....short play....???? This is like playing chicken now. Potential to hit $4.00 but at $3.41 now. I think it will drop back to $3.22 Thursday. Not really sure.
SIRI....$1.35 now...up 2.3%. Selling at $1.38 or $1.40. Will decide in 30 minutes. Really want to short SCA but need that money.
Posted by R1 Man on :
quote:Originally posted by R1 Man: VC.....short play....???? This is like playing chicken now. Potential to hit $4.00 but at $3.41 now. I think it will drop back to $3.22 Thursday. Not really sure.
SIRI....$1.35 now...up 2.3%. Selling at $1.38 or $1.40. Will decide in 30 minutes. Really want to short SCA but need that money.
SIRI....$1.38. Changed sell at $1.45. I have 2 strikes...saving them for Thursday.
Posted by R1 Man on :
PMI.......watch this today. Might short it at $4.35. Hmmmm????
Posted by R1 Man on :
quote:Originally posted by R1 Man:
quote:Originally posted by Free Muney:
Stocks that caught my eye.
IDEV...$1.65....Day trader
IDEV....$1.91.
Posted by R1 Man on :
Grabbed some BAC. Selling at $33.00.
Posted by R1 Man on :
Covered PMI at $4.00. Need a new pick. Suggestions anyone?
Posted by tmanfromtexas on :
TRX is way down R1. It bounced off .95 yesterday and closed at 1.02 on 2MM volume. TMAN...
Posted by R1 Man on :
quote:Originally posted by tmanfromtexas: TRX is way down R1. It bounced off .95 yesterday and closed at 1.02 on 2MM volume. TMAN...
Not too sure if I like this one. I have a ton of cash to burn. I'm thinking of RAD at $1.26. I have 3 strikes against me and can't afford anymore so Shorting is out of the question. Thinking unless I go to work late, I'm just not going to buy anything today.
Posted by R1 Man on :
quote:Originally posted by R1 Man:
quote:Originally posted by tmanfromtexas: TRX is way down R1. It bounced off .95 yesterday and closed at 1.02 on 2MM volume. TMAN...
Not too sure if I like this one. I have a ton of cash to burn. I'm thinking of RAD at $1.26. I have 3 strikes against me and can't afford anymore so Shorting is out of the question. Thinking unless I go to work late, I'm just not going to buy anything today.
I think I know my target. F, they are selling $500 million in common shares to pay off debt. I'm thinking the $5.11 close on friday will end up being a $4.80 close Monday or lower. 6.5% drop or higher. Lets see. Will update post in AM.
Posted by R1 Man on :
quote:Originally posted by R1 Man: Here are a few long picks that are good for 30% over 6-12 months. Could be even sooner.
HL.......$7.19
NVDA.....$12.23
HL...$7.12.....down 1%
NVDA.....$13.16...up 7.6%
Posted by R1 Man on :
quote:Originally posted by R1 Man: Grabbed some BAC. Selling at $33.00.
Sold Friday and made $200. Buying back in now at $29.90. Ride back to $31.
Posted by R1 Man on :
quote:Originally posted by R1 Man:
quote:Originally posted by R1 Man: Grabbed some BAC. Selling at $33.00.
Sold Friday and made $200. Buying back in now at $29.90. Ride back to $31.
Missed it. Now at $30.21
Posted by R1 Man on :
Well, the market got punched in the eye again. What a weird market. So here is my pick.
F....$4.74. Ripe now and exit at $4.90-5.00. Make 3-5%.
WM....$4.04. Ride back to $4.30 for a 6.4% gain. This one is risky though so you all know.
FRE....$4.00. I would be willing to roll the dice on this one and think we are at or close to bottom. I would run at $4.40-4.80.
Posted by tmanfromtexas on :
Where is FRE's bottom. Not in, just watching. 3.28 now TMAN...
Posted by R1 Man on :
quote:Originally posted by tmanfromtexas: Where is FRE's bottom. Not in, just watching. 3.28 now TMAN...
Who the hell knows. If the damn government would just ACT instead of trashing the stock the market would have some awesome gains.
NVDA.....$13.98....up 14.3% since pick.
F.....$4.62.....down more....very cheap!!
IDEV....$2.22....flat now. Up over 33% since pick.
One that I wrote down but never posted. TWB....price when wrote down was $8.30. Now its at $10.16....up 22.4%. Sorry for not posting....didn't look it over.
So...FRE and FNM....just imagine if we had SHORTED this say at $17 for FNM and $12 for FRE. We would be LOADED!!! So, the bottom....hmmmm.....I think that depends on the news. So....Government says they will support FRE and FNM and give them unlimited borrowing....and now they say were not gonna help. That is why the stock shot up so dang much and then crashed. So, Government gives money....shareholders get screwed.....???? Good question! I am really scared of both of these stocks right now. Scared to buy or sell short. I'm staying away now.
BAC....$28.49. Still holding my 900 shares....down $1,305. Wish I had waited and bought later.
ONT...$0.451. Just loaded up 5,500 shares yesterday at $0.4724. What bad luck this week. I think its a bargin though.
Good luck all!!
Posted by R1 Man on :
This was asked of me last night. Enjoy.
frm your posts i can tell that you are in and out of equities a lot - I am beginning to get in doing similar thing and know about the 3 or 4 times per week day trading requires 25k in cash balance - is that accurate? could you elaborate?
also how do you come about the tips on getting in and out of particular stock? for example you mentioned BAC in at 29.90 and out at 31 or 32....thats not bad...all i am looking to do is make may be 100-200 dollars...this is not my only source of income so i m not depending on this. any advice, appreciated. -------------------------------------------------------------------------------- Posts: 0 | Registered: Aug 2008
R1 Man Member posted August 21, 2008 02:20 AM -------------------------------------------------------------------------------- Yes. 3 intraday trades is ok in 5 days....4 gets you suspended if you don't have $25,000 or more.
I am for one a math wiz. I look at stocks and find patterns. I have lately been watch the news with the stock market updates and write down ones that catch my eye and look at them. I listen to what they say on Cramer when I do watch and check his picks from time to time. I have comfort ranges on particular stocks that I know will perform like F....its at $4.63. We all know that is a $5+ stock and if you hold for 2-3 years it will likely be a $12+ stock....more like $30.
BAC....it only came down because of the financial scare. They bought out a ton of banks and have a divy. They are making money!! They have tons of potential. I try to be modest so I can get in and get out without any trouble. When you try and pinch every penny....you get burned in most cases.
I like to watch a stock for a few hours and see where the market is comfortable at. Then I pick a target entry and a target exit. Say a stock opens at $5.00....it moves up to $5.75 then comes down to $5.20. I know that it will likely move part way back to $5.75 so I will say...entry is $5.25 and exit is $5.50. This is conservative. If you look back at some of my picks...you will notice that many of them went FAR higher then what I said to sell them at. Why??? I am all about make your target in money and move on. I can make 2-4% each trade I am all good. I do 5 trades and I have made 10-20% + interests. Or I could hold a stock for 2-3 weeks and make 10-20%. I like to have my dinner on my plate....not in the oven cooking.
Tips....my father and I will talk from time to time about stocks. He has far more $$$ then me and a different strategy in making $$$. He buys 1,000 shares and waits until it moves $1.00 then sells. I buy 5,000 shares and wait for $0.20 and make $1,000. His picks are far more conservative then mine.
Hopefully I have answered your questions and I will post this all since you asked and others might be thinking the same.
Bill
Posted by deathtoradio on :
BBI buy at 2.32 or under, wait till maybe the middle of September and unload at 2.80.
TTM buy in the 9.30's unload at 10.50ish. Might take up to three weeks or so.
Those be my guesses!
Posted by R1 Man on :
quote:Originally posted by deathtoradio: BBI buy at 2.32 or under, wait till maybe the middle of September and unload at 2.80.
TTM buy in the 9.30's unload at 10.50ish. Might take up to three weeks or so.
Those be my guesses!
There ya go! Glad to see someone post something besides me and TMan. Your picks are fine. I think the TTM will take longer then 3 weeks. I would give it 2 months. BBI....hmmmm....I know its cheap but is it really cheap? It dipped down low in July then peaked back up and back in the gutter again. Problem here is....traders might get comfortable with the current price range as a average instead of thinking...."BBI is a $3-4 stock. This is cheap". However the longer it hovers low like this the less likely we will see any big movements upwards.
Posted by R1 Man on :
BAC...Back in the mid $29s Posted by delgotit99 on :
Buying individual banks right now is insanely risky. People have been calling the botton for months now and probably will continue to for another year or 2. I believe financials are going to get way worse before they will get better. That doesn't mean they won't have small run up which I think you are trying to take advantage of. I wish you the best of luck, but right now for me I will only play the whole sector of financials vice individual stocks.
SKF The fund normally invests 80% of assets in financial instruments with economic characteristics that should be inverse to those of the index.
UYG The fund normally invests 80% of assets in financial instruments with economic characteristics that should be twice the return of the index.
So in a nutshell if you think financials have hit a bottom buy UYG or short SKF and if you think they are going to tank then long SKF and short UYG.
Posted by deathtoradio on :
ONT doesn't look too bad, R1, I think I'd only be comfy if I could pick it up for under .45 though.
Posted by R1 Man on :
quote:Originally posted by delgotit99: Buying individual banks right now is insanely risky. People have been calling the botton for months now and probably will continue to for another year or 2. I believe financials are going to get way worse before they will get better. That doesn't mean they won't have small run up which I think you are trying to take advantage of. I wish you the best of luck, but right now for me I will only play the whole sector of financials vice individual stocks.
SKF The fund normally invests 80% of assets in financial instruments with economic characteristics that should be inverse to those of the index.
UYG The fund normally invests 80% of assets in financial instruments with economic characteristics that should be twice the return of the index.
So in a nutshell if you think financials have hit a bottom buy UYG or short SKF and if you think they are going to tank then long SKF and short UYG.
Welcome to my trend delgotit99 and deathtoradio. I will take a look at your picks when I get a chance. Looking like Sunday night possibly. I did see a stock that caught my eye tonight.
PTA $2.00. It dropped $1.31 Thursday and was normally sitting at $4-6 range. I guess they have a dispute with a company. From what I read they are being asked to provide more proof of funds.....??? Anyways....as the smoke clears...I can say this should take a nice bounce. I'll be conservative and predict $2.50. But honestly, I think you can hit $2.75 today or next week. These are the types of plays I usually look for....well when I posted all the OLD OLD posts where normally these types of stocks gain 40%+
Well, sitting on my ONT and BAC still. Debating on what to do. I am all good if I sit on them....obviously ONT. I think my BAC will hit $31 by months end. Especially because of the DIVY. Alright....off to bed. Good luck all and thanks for the picks delgotit99.
Posted by delgotit99 on :
R1: I do see a possible short squeeze happening soon (hopefully today) in financials. People are so heavily shorting these stocks that the slightest run up will trigger a panic and many people will be covering their losses.
For weekend swing I like AUY and KGC.
Posted by delgotit99 on :
LEH buyout rumors should help out your BAC today.
Posted by delgotit99 on :
Also, check out finviz.com
Posted by deathtoradio on :
R1: What do you think of F right now? Automakers are seeking a cheap loan from the government. I'm thinking it's going to push F lower for a few days, but if they do manage to secure part of that loan I think it may shoot up pretty fast upon approval. Any thoughts?
Posted by R1 Man on :
quote:Originally posted by deathtoradio: R1: What do you think of F right now? Automakers are seeking a cheap loan from the government. I'm thinking it's going to push F lower for a few days, but if they do manage to secure part of that loan I think it may shoot up pretty fast upon approval. Any thoughts?
I really think F is a steal at the current price. Not sure how much lower it could possible go.
BAC...Hit $30.43 this morning then dropped lower but higher then Thursday's close. So that looks great.
PTA....$2.20....up 10%. It started great today and ran right to $2.49 then dropped down.
Posted by R1 Man on :
quote:Originally posted by delgotit99: R1: I do see a possible short squeeze happening soon (hopefully today) in financials. People are so heavily shorting these stocks that the slightest run up will trigger a panic and many people will be covering their losses.
For weekend swing I like AUY and KGC.
AUY....$11.11. This can run to $13 pretty easy. Good find!!
KGC.....$16.93. This should run back to $18 no problem. Even $20 is very possible. Another great find!!
Posted by rajthebam on :
R1 and D2R: Could you guys comment on SOLF - I am holding about 90 shares (i know not much for you guys but no more funds) they have earnings coming out next week and want to see what your thoughts are - I bought it at 13.25 and it has had nice run to 19.75 but let me know if i should get rid of it before earnings or wait for earnings to come out....thx.
Posted by R1 Man on :
CDE....$1.87. I think its safe to assume this will hit $2.25 in the next month. Can go higher but why wait. So make 20.3%
BAC...$30.21. I think it will hit $31 on Wednesday.
CORT...$2.05. Ride to $2.20...make 7.3%
CVP...picked at $3.64....currently at $4.144. Pays a 18.5% monthly Divy. Should get back into the $5.00 range....so still cheap.
VC....$3.36. Can get in cheaper but as gas goes down, should hit $4.00 for a 19% gain.
PTA...Picked it at $2.00. Currently at $2.21 so up 10.5%. I think its good for $2.50 so make another 13.1%
SOLF....here ya go. I would sell in my view. Your up $585 and have a net value of $1,777.50. I would jump into something else. Go do this. Buy F and ride that back to $5.00. So you would have 397 shares. Make $0.53 so a profit of $210.41 giving you a value of $1,987.91. Then you need just 1 more trade then you qualify for a margin account where you can borrow against your money and have 2x buying power. Then its easy to make $100 here and there. Each $100 you make is $200 buying power. Stay away from the PENNY STOCKS!!! You will get burned real fast. You have my picks above and they all are good picks where you should make some $$$. Just pick one and go with it. But seriously, dump your stock....why roll the dice on the unknown???
Posted by delgotit99 on :
quote:Originally posted by rajthebam: R1 and D2R: Could you guys comment on SOLF - I am holding about 90 shares (i know not much for you guys but no more funds) they have earnings coming out next week and want to see what your thoughts are - I bought it at 13.25 and it has had nice run to 19.75 but let me know if i should get rid of it before earnings or wait for earnings to come out....thx.
Never hold into earnings. That is a standard for me. If you really feel confident, then take some off the table and let your profits ride. This stock has been as high as 40 and now is back to 20.
Posted by rajthebam on :
ok as far as SOLF goes, will put in limit order to sell at around 20.25 to make out 7 dollars even per share....thx.
i was looking at CVP as you suggested - can you explain your rationale behind recommending this one - seems like the company has consistently generated negative Free cash flow for past 4 yrs at least in a row. how can i possibly invest in such company? please advise.
Posted by R1 Man on :
quote:Originally posted by rajthebam: ok as far as SOLF goes, will put in limit order to sell at around 20.25 to make out 7 dollars even per share....thx.
i was looking at CVP as you suggested - can you explain your rationale behind recommending this one - seems like the company has consistently generated negative Free cash flow for past 4 yrs at least in a row. how can i possibly invest in such company? please advise.
Here comes the Suntech But this week's favorite can be found on our Rule Breakers scorecard: Suntech Power. The Chinese maker of equipment for channeling solar power, like peer Solarfun Power (Nasdaq: SOLF), hasn't exactly been a source for white-hot returns lately.
"Suntech ... has dropped about 19% since last month, largely on concerns about solar panel sales in Spain. That's one of Suntech's major markets, and the Spanish government has discussed reducing subsidies in 2009. That's unlikely to happen, but the company has the backlog to make up for the loss even if it does," wrote Foolish colleague Karl Thiel recently.
oK....CVP.....I go by charts and patterns. I see what your talking about but I think a company that pays 18% Divy and moving up on stock price is all good.
Posted by R1 Man on :
SIRI....$1.36. Good entry....ride back to $1.40.
CDE...$1.95....up 4.2% from pick.
PTA....$2.27....up 13.5% from pick.
Posted by rajthebam on :
solf sold at 20.25 folks....you are right i should not even have contemplated holding on till earnings....although LDK showing positive signs says SOLF should also ride high but i didnt want to take chance....
Posted by rajthebam on :
SIRI is touted to be the next 99 cents or under stock any comments?
Posted by rajthebam on :
what do you guys think of WM for quick flip?
Posted by rajthebam on :
what do you guys think of WM for quick flip?
Posted by SoAngel on :
How quick is quick ?
Posted by deathtoradio on :
WM might be worth a quick 20 cents per share. Plot your entry price carefully.
Posted by rajthebam on :
deathtoradio is on the spot - 20 cents per share is all you should look for when quick fliping up....anyway what is meant by quick is in in the morning and out the same day or next day at the latest...i know i know about the 3 or 4 strikes you get per week before you need to maintain the 25k rule - but i am not qualifying for that yet -
R1 any thoughts?
Posted by R1 Man on :
quote:Originally posted by rajthebam: deathtoradio is on the spot - 20 cents per share is all you should look for when quick fliping up....anyway what is meant by quick is in in the morning and out the same day or next day at the latest...i know i know about the 3 or 4 strikes you get per week before you need to maintain the 25k rule - but i am not qualifying for that yet -
R1 any thoughts?
You don't have to make $0.20 on a trade to make money for starters. Depends with how much money you have. Go for the intraday trades....just stay at 3 or under.
SIRI....I would like to see where you seen it say it will be at $0.99.
WM.....I am really getting confused with the financials. Hard to keep them honest. BAC goes down, PMI goes up, C goes down, FRE and FNM goes up. What the heck is the deal? Last month....FRE and FNM went down and took the whole sector with them. Now they move up and pretty much the market pukes??
I'm sitting back for a minute. Sitting on BAC and ONT still. I want to get past this holiday and see what the market brings.
Posted by deathtoradio on :
Nothing looks all that promising today. I've been watching AUY, and if it dips down below 10.50 in the next few days I might consider getting in.
Posted by delgotit99 on :
It looks like Gustav is heading towards the oil rigs in the Gulf vice Florida. Might not be a bad swing trade to long oil.
DIG USO
Posted by rajthebam on :
any thoughts on TXT options?
Posted by R1 Man on :
quote:Originally posted by rajthebam: any thoughts on TXT options?
I don't do options but the stock is over sold.
So....lets take a stab at the market.
FRE....$4.07....I think let it shoot up then short it back $0.20 then cover.
PMI....$2.78....Ride up and dump at $2.90. Make 4%
Did anyone ride VC back up?
Posted by deathtoradio on :
ONT had a nice little spurt today R1. Wish I had tried to get in under .45 like I said.
Posted by delgotit99 on :
quote:Originally posted by rajthebam: solf sold at 20.25 folks....you are right i should not even have contemplated holding on till earnings....although LDK showing positive signs says SOLF should also ride high but i didnt want to take chance....
You nailed it....nice exit point. It's at 17.04 premarket today.
Posted by rajthebam on :
stock being oversold is good thing correct? that means its reached a point where no more selling will happen and buyers will push the stock higher, right?
Posted by rajthebam on :
quote:Originally posted by R1 Man:
FRE....$4.07....I think let it shoot up then short it back $0.20 then cover.
[/QB]
R1 - Ive never done this shorting before - could you please explain in details how to do this? by the way i use scottrade for trading 7 bucks per transaction. (may change broker soon within 4-6 months - there are cheaper ones out there now)
Posted by Morpheus on :
you must have a margin aggreement in place to short stocks..its just like buying..you a placeing a bet that the stock will move up..opn the other hand..with shorting on the you place a bet the stock will move down.. the oreders are place with the "sell short" and buy to"buy to cover" stick with scotttrade..there charts are fantastic and the fills are great..there option spreed sheets are great too..oh buy the way..I had shorted solf * 20.20 and just covered * 17.05..if it goes lower im back in 200 shares for a short pop * 16.78..
Posted by Morpheus on :
rajthebam..you must remember..its not the "price" of the stock that matters..its the direction of the move and percentage that really matters..i have been making buck on srs and x also..bad news is good with these if you dont have a "short" account, srs is a good play with housing and all ..but its tuff to tell these days..bzh just doubled in 1.5 months
Posted by R1 Man on :
Way to go Morpheus. I thought about shorting SOLF also but money tied up. Don't feel like taking a loss just yet.
Shorting, Morpheus is right. As for shorting FRE or FNM....I hate those companies. They are up again today. When will it stop but keep an eye on them for any signs of fitigue and then short them.
BAC....back up at $29.56. Still missing my target ($31).
News are saying that BANKS are going to start reporting PROFITS. If that is true, don't short anything. They will lift the entire market. They are also saying that FRE & FNM might not need help now. Saying they are profitable all the sudden. That is part of why FRE is up 53% this week and FNM is up 24% this week. Also thoughts of a MERGER has a buzz.
Posted by Morpheus on :
in solf * 16.60 fingers crossed
Posted by rajthebam on :
sorry guys but i still need help with this shorting stuff....
Morpheus: when you say you shorted SOLF at 20.20 - do you mean when the stock was 20.20 you bought put options (predicting it will go down meaning short)? if so did you have to pick a price at where it would go down to?
also what do you mean you covered at 17.05?
and if stock price goes lower, "I am back in 200 shares for a short pop at 16.78?" please explain this as i have no clue what you r talking abt here.
thanks guys. If you can't explain above, i'll understand too. it might be pretty basic, but i m not catching it for some reason...(tried googling it as well but reading doesnt help in this case).
Posted by SoAngel on :
Think of it like this ... if you sell short SOLF at 20.20, let's say you short 100 shares, you sell shares that you don't have. Now, someone else has those 100 shares and you owe your broker 100 shares at some point. You want to buy those 100 shares for the lowest price possible, because you will make the difference. So if you buy to cover at 17.05 for 100 shares, then you don't owe your broker 100 shares anymore and everyone is squared away. You got them for 17.05 and sold them for 20.20, just in reverse order.
I hope I am explaining it correctly ... it makes sense in my head, lol.
As for the short pop at 16.78 - I think that was being used as a figure of speech. That person was suggesting they would buy in at 16.78 and hope for a bounce/pop/whatever.
Posted by Morpheus on :
actually i got in long (meaning im back in..I want the price to increase) * 6.60...it went up shortly after that to 16.93 and then closed for the day 16.33..so im down .27 on 200 shares of 54 bucks gotta give it a little wiggle room..they dont go your way all the time...that is where capital preservation comes in..lose your mola and you are out of the game..so be conservative with only a portion of your total portfolio and pick it for small gains $300 here $400 there(depending on your priciple total)hopefully you are playing the game with enough money to cover you trading cost. $14 bucks in and out and if you are only playing to make 30 or 40 bucks you will loose..there is something to be said for BIG numbers..like im getting ready to plop 30K into MSFT once it goes down to 26 or so..a 10% pop will net me about 3K..but thats just the way i play it..solid corps with a solid history (that is what I said before I took a bath in WCOM a few years back) but hey..I hope that was just a fluke thing..(may Bernie Ebbers rot).hogs get slauttered
Posted by Morpheus on :
SoAngel..that is all gobbletygook talk designed to confuse the hack out the average Joe..thia is what you do...you gotta have minimum of 2K account..contact Scottrade (ive been with them for about 8 years now) online has the forms you need..fill it out and mail in the signed form to your home broker site. once your are set up for a margin account...shorting is just as simple as the normal buying process..only wiht you click on the screen to "buy" and "sell" you will notick a few more entries.."sell short" and "buy to cover"..lets says that UAUA is at $10 bucks and you think its gonna tank (hint hint hint) you simple click on the window.. a pop up appears and you click the "sell short" tab...if its 10 bucks and you have 2k in your account..100 shares is a safe amount..when the stock goew down to let say 7.65 and you think that is it..you click on the "trade" tab of the screen and then the tab to bu or sell..now you choose the "buy to cover" and input 100 shares..that tells the broker you want to end you short and like Emril says..."BAM" you are out with a $2.35 profit. Please do not confuse the process with "you borroww shares blah blah blah" It really is just that simple...NOW that you got out for a reason..(you think ythe stock is done going down, so there forme you must think its gonna go UP..you simply click the "buy" tab and select 100 or how many, to buy (this tells the broker you think it will go up from lthat point. If your homework was correct..now you are "long" 100 shares UAUA * 7.65 or what ever limit price you picked and pray to the cyber vegas gods that your picken was correct..if it goes up from that point I hope you Know what to do from there..the usual.. welling shor simply put is just a confusing term meakning you are betting it gonna go down from that point..simple click the correct tabs and off you go... Choose quality compamnies with a track record and history of movement and you will do just fine..
Posted by Morpheus on :
please excuse my typing..but you get the gist of my meaning..sometimes I have too much going on at one time..just remember it is as simple as normal buying and selling..just click the correct tab and terminology..gotta go I hope that helped..
Posted by Morpheus on :
rajthebam after reading my post..i can see where the term "short pop" is confusing..sorry..thats just my california slang..what I ment by this is a quick move up berhaps even within 1 day..what I was looking for was for it to go up to about 17.25 or so and then make a quick 120 bucks..oh well not today..
Posted by rajthebam on :
thanks soangel and morpheus for that explanation. I believe I have a fair understanding of how this works now. thanks. I dont have margin account yet coz i dont have 2K in scottrade but will soon and can't wait to get in on these....i guess the more you do them better you get hopefully i still have cash around me... :-)
Posted by Morpheus on :
rajthebam not to worry..even with the the resources to short the market..you can still build your bucks with these..the 1st 2 are some of my favorites...market goes down they go up..that is their design..its funny..some time on on the back 9 with my buddies and im feeling good, even though the news says "dow down240" and housing and finacials are tanking ...how can i feel good about this? cause im betting on the correct side of the play..you can too..heres another swing tip..."down monday, up tuesday"..or inverse.."monday, down tuesday"..somebody out there knows something..its a great pattern..i love love love it...heck it out for yourself..there is piles of mola to be had..what resession? remember..cheap is the stock with no movement..
Posted by Morpheus on :
srs skf fxp qid sds twm rwm dxd sso
Posted by Morpheus on :
even without the resources to short
Posted by R1 Man on :
quote:Originally posted by R1 Man:
quote:Originally posted by rajthebam: any thoughts on TXT options?
I don't do options but the stock is over sold.
So....lets take a stab at the market.
FRE....$4.07....I think let it shoot up then short it back $0.20 then cover.
PMI....$2.78....Ride up and dump at $2.90. Make 4%
Did anyone ride VC back up?
Well PMI closed at $2.89. The bid is $3.05. Could run up even further.
FRE....what a mess. They say they could file chapter 11, then say they are making the biggest profits in the past 10 years. WTH is going on?
F.....$4.26....Are we at the bottom yet?
TXT....$39.21....up $1.14 today.
You guys seem to be figuring things out. Glad to see that.
Posted by R1 Man on :
TXT....can we say its up another $1.42 today. $40.64....I think it will hit $46 in a few weeks.
CEGE....Going to day trade this one. $0.93
Posted by rajthebam on :
morph: srs skf fxp and others you mentioned are all ETFs and I have never done them before and they look expensive anyways for my taste unless ofcourse you play options in which case you don't need all that capital to begin with.
only if i had some more funds in scottrade, i would have been in on the TXT and made some money for sure...I picked the right one but didn't buy it due to lack of funds...have you guys felt the same in the past ever?
Posted by Morpheus on :
options are very tuff to beat cause of the spread..i recommend stay away..better off playing the big numbers..lack of funds can be tricky too...you must build build build the correct way..look for key entry points..like F at this point looks great for a 10-15% jump up. BZH looks good too..i alos like DENN and KKD alos take a look at SMG..I just bailed on X * 133.60 and made good mola..rolled into JBLU * 5.60..look at it this way..ive told you before..its not the "price" that makes something "expensive"..its the percentage of the move is what you are looking for..example being; you have 1000 bucks..and you are looking to increase that..correct? So you are looking at 2 stocks..Co. A which list for 2 bucks and Co. B which list for 90 bucks..Now a nubie as yourself says "gee 90 bucks, that sure is expensive, i cant afford that at all"..so you jump into the Cyber Vegas game and buy Co. A * 2 bucks and get 500 shares....now 2 weeks have passed (or what ever time frame) and Co. A is now listed * 1.50 a share and Co B is going for 105 bucks a share..Now I ask YOU...which stock is more expensive...answer...Co. A ...why? cause it lost YOU money...(750 dollars portfolio value with the 500 shares of Co. A and 1175 bucks with the 15 shares of Co. B) so lesson here is..dont look at the "price" what you are looking for is which stock is gonna go in the direction im predicting..there are clues everywhere, think outside the box...and do yourself a BIG favor..stay away options..it seems like the thing to do but stick with just trading big dollar numbers and you are better off..rembember this ..stocks are like the horse track..there are guaranteed 10 winners each and every day at the track, graranteed..only problem is..which horse is it gonna be?
Posted by Morpheus on :
quote:Originally posted by R1 Man: TXT....can we say its up another $1.42 today. $40.64....I think it will hit $46 in a few weeks.
CEGE....Going to day trade this one. $0.93
Flipped CEGE twice now....going for a 3rd. Easy flips.
Posted by rajthebam on :
its at around 99 cents right now, do you think its a good buy for fliiping at this price?
Posted by rajthebam on :
i thought you recommended staying away from penny stocks....
Posted by Morpheus on :
R1...you got nerves of STEAL...is im stealing all the mola..he he
Posted by Morpheus on :
outaa jblu * 5.90 just waiting nfor now..could it be the market is gonna go for 4 days in a row after today, i dont think so?? hmmmmmm
Posted by R1 Man on :
quote:Originally posted by Morpheus: R1...you got nerves of STEAL...is im stealing all the mola..he he
Nerves of steal....yes I do! I sold my BAC today at $30.07. Then sold BAC short at $30.20....then was forced to cover at $30.45 then bought CEGE at $0.94 and covered at $0.98 then bought back in at $0.946 and covered at $0.995.
I made out positive for the day.
NO DO NOT BUY CEGE Rat. You will lose your butt plus you don't have enough funds to make any money. I dropped $12,000 on CEGE when I flipped it each time. Ameritrade wouldn't let me short the stock back down either..... I would of road it both ways.
Short Play.....ZLC.....$27.22. Cover at $25. I am only using logic here and more nervous since it hit a 52 week high but think I will short it anyways. Its only money.
Posted by rajthebam on :
nice exit on jblu morpheus....did you make a significant gain though?
Posted by Morpheus on :
300 bucks...ill take it
Posted by R1 Man on :
quote:Originally posted by Morpheus: outaa jblu * 5.90 just waiting nfor now..could it be the market is gonna go for 4 days in a row after today, i dont think so?? hmmmmmm
Go look at AAI....$2.35. Hmmmm....we know its going back to $3.00 but lower....hmmmm??? I think you get in at $2.28 and ride it to $3.00. (Rat)
Posted by Morpheus on :
i love the chart...but im REALLY thinking we are headed for some down days after today..so a short look good for now..im gonna play the "down monday, up tuesday game with this one" meaning my long entry could be monday at about 11:20 am pst..if it plays out that way..im out all longs for now...might jump all over SRS in a bit
Posted by R1 Man on :
SRS....good find. Easy 2.5% flip.
CEGE cheated.....I wanted in 1 last time. $1.04 now. So short this immediately if you can. Cover at $0.99. I can short it for some reason. Says I don't have enough funds...????
Posted by rajthebam on :
whats Rat?
Posted by R1 Man on :
I thought your name was Ratsomething.....my mistake.
Posted by rajthebam on :
you can't RAT me out like that man... :-)
Posted by Morpheus on :
no its Raj The "BAM"..like .. thats what he screems when hes making MOLA MOLA... yo RAJ.. feel the love..we are here to try and make our chunk of mola out of Cyber Vegas...and R1 is "The Man"..i checked over his past post and i like what i saw..so now im here chattin.. maybe different styles..but hey..were after the same goal..the amount of YOUR principle is all relivent..just be conservative and do not be in a hurry to lose your mola..take your time oh, by the way you are voting for me right?
G D Mo Fo...that darn JBLU just keep on rising.. oh well
Posted by rajthebam on :
by the time you point out couple tickers to this board, they are already up and i can't get in either one of them...i just want to be in something i can be in and out even today itself...any ideas?
Posted by Morpheus on :
weeellll...here is the way i see things.. Raj..remember those "clues" i talked about..here are some real good ones 1. 3 day weekend comming up..market closed monday 2. 3 good dow up days in a row , look at the dow chart for 6-12 months..when was the last time we had more than 3 up days in a row yet alone 4? 3. we are in a supposidly "bear market" and the last couple of days are a trap..whick im incline to aggree 4. HURRICANE bearing down on the oil rigs..only by the time the market open up on Tues. first day of Sept. will the news be all over its damage and oil up??? 5 usually..oil up..airlines down and housing down. 6. today is thursday and if you are gonna play this game you have to look foward.. Raj..do not be in a hurry to loose your principle..take it slowly..in and out in 1 day is really risky..but sometimes you have no choice. I look for thing interday that have gone way way way down on little to no news and then roll the dice..buy a bunch and limit my downside best i can..seems to work for me..
As for right now..im feeling the "clues" and im out all longs SRS and SKF are great plays if you cannot short stocks, cause there nature is to do th inverse of the market trend..ETF trade the exact same way as all others..
im liking SRS, SKF and short JBLU for airlines and MBI for financials..just givin it a little bit more time today..the DOW is still strong.. im not feeling bullish at this point.. That is the way Morpheus calls it
Posted by rajthebam on :
aiight..i just gotta hang on then...I am not in any rush to make trades anyway....i just like the feeling of making a even the littlest extra if i can before going home from work...ha ha
Posted by Morpheus on :
well then.. prepare yourself for the upcomming days..plot your stratagy now...the market might go up tommorrow in the morning and then drop..im not waiting ..im gonna be positioned today.. by the way..im getting ready to goe to "work"..gotta chase a little white ball around a great big green field with trees in my way..is it 1pm yet?
Posted by rajthebam on :
what do you do for living?
Posted by Morpheus on :
by experience..CCNA and NTCNA..(thats cisco and nortel). ran all around the world on their dime during the late 1996 till 2001 build what is now the internet installing fiber network gear..after the IT and DOT BOM debacle I actually got laid off (I was stupid to think I was Immune)..I just worked locally for a few years in the network services as a contractor..ya know routers ans switches and VOIP..but all that messes with my head these days..so for the last 2.5 years..just been sharpening my trading skills (30 years as a hobby) now Im "director of investments" he he.. and trying to make 15-20 % on my principle each month and then pay my bills with that..works for me..live on the cheap, not too extravegant..laptop with cell service internet..starbucks as my office..and board meetings at some of the local country clubs and muni courses here in westlake village CA...this is a really golf friendly place to hang..inland from malibu about 8 mile into the mountains..great weather..well the DOW is up 192..looks like im ready to "roll the dice" hang on..
Posted by Morpheus on :
im looking * skf...looks really good
Posted by Morpheus on :
hows that...enough time..?
Posted by Morpheus on :
im in SKF 100 shares * 16.90
Posted by rajthebam on :
SKF is trading at 117.00 - did you mean 100 shares at 116.90 or 16.90?
Posted by Morpheus on :
make that 116.90
Posted by Morpheus on :
soooo...now im set for tommorrow...gonna be some kind of news..whatever..profit taking..the credit blah blah doesnt look that great after all..the propagande machine will create something convincing now that all the "lambs have been led to the slaughter"..thats my bet..i like my odds..better then counting cards at the tables..but i will limit my loss..if it does not pan out..im gonna bail, tommorrow very well could go up early on and then due to some blah blah blah the news creates..its gonna reverse..IMO
Posted by Morpheus on :
soooo...now im set for tommorrow...gonna be some kind of news..whatever..profit taking..the credit blah blah doesnt look that great after all..the propagande machine will create something convincing now that all the "lambs have been led to the slaughter"..thats my bet..i like my odds..better then counting cards at the tables..but i will limit my loss..if it does not pan out..im gonna bail, tommorrow very well could go up early on and then due to some blah blah blah the news creates..its gonna reverse..IMO
Posted by Morpheus on :
morning R1..whats on your plate for today?
Posted by R1 Man on :
CEGE....Bid $1.11. Interesting. Will have to see how I play the market today. Will hold something over the weekend but doing a day trade too.
Raj....just be patient. You can play CEGE when I tell you and you will make money. Just watch the posts. I have to see what its going to do. If you buy at open...it might crash and burn right off the back. But Risk = greater return/loss. Market open is RISKY!!
Posted by Morpheus on :
r1..ive been looking at some of your prior post and im telling you GTE is looking pretty good too..lotta movement but looks good for the long side at some point near
Posted by R1 Man on :
GTE....not a favorite for me.
BPOP....up huge. Posted this one a while ago. $8.70
CEGE....flatlined.
WAVE...$1.03....debating on shorting also. Nervous about it.
PMI....$3.28....Thinking of shorting this at the current price.
FRE....$4.62....thinking of shorting also. I would have to sell at $4.70 range for me to do it. Would cover at $4.50.
So my plan today is short FRE first then cover. Then short PMI and hold over the hurricane.
Posted by R1 Man on :
PMI is up because of selling 56 million in assets.
Posted by R1 Man on :
Shorted FRE at $4.45...covering later today at $4.35 or less.
Posted by SoAngel on :
Are you sure it is going that low again today ?
What an interesting day so far.
Posted by R1 Man on :
Yeah I know....its a crazy day like usual. I am down $330 on it. If I have to hold over the weekend. I am ok with that. With the hurricane mess coming, it will shake the market. Especially if it hits the oil wells.
Posted by R1 Man on :
I had originally placed my short order in at $4.63 and then chased it down.
I'm eager to cover and short PMI at $3.38
Posted by R1 Man on :
CEGE is ready now. $1.00....sell at $1.05
Posted by rajthebam on :
i m just laying low today - too much unpredictability around the market plus long weekend so taking it easy unless something eye cathing pops up....can't do shorting stuff anyways right now since not much funds available...but R1 let me know if CEGE looks like a buy whenever - i'll keep checking here
Posted by R1 Man on :
quote:Originally posted by R1 Man: I had originally placed my short order in at $4.63 and then chased it down.
I'm eager to cover and short PMI at $3.38
I woke up on the wrong side of the bed obviously!!
FRE is $4.85....down $1,100
PMI is $3.78.
Posted by Morpheus on :
wow...crazy nothing much happening day..i just got back in time for the close..looking at used cars with the kids now that they can drive..errr...what did I miss?
Posted by Morpheus on :
UAUA is looking like easy pickins...short
Posted by R1 Man on :
quote:Originally posted by Morpheus: UAUA is looking like easy pickins...short
I tried to buy UAUA yesterday at $10.80. Never got filled. But I have no feel on it. I just see the volitility in this one.
Down $495 on FRE now. $4.63....where I wanted to short it at in the first place. What bad luck!!
Posted by Morpheus on :
bummer dude ..im still thinking we are headed for a down opening on tues..the first day back after the vaca IMO..Raj..you can still bet down on the market without "shorting"..those pics i posted all are ETFs that go up when things go down..learn about them.. like today for instance..housing down..SRS up..
Posted by Morpheus on :
im gonna play the 'ol "oil up, airlines down" game for tues...why not! hurricane and all.. uaua looks good for this strategy
Posted by R1 Man on :
Its at $4.53 now....wondering if I should cover and take a minor loss ($247)?
Posted by Morpheus on :
tuff call...you know how im feeling about the next day..
Posted by Morpheus on :
short uaua 11.05
Posted by R1 Man on :
I hope that hurricane gets a direct hit.
Posted by R1 Man on :
I just now found the stock I saw on the CNBC streamer. JMBA....up 25%. I saw it in premarket and wanted to check it out and maybe buy it.
Posted by Morpheus on :
seems pretty sad..us trying to make mola mola on others people suffering..but its comming either way and we cant stop it..god bless those people and god bless captolism
Posted by Morpheus on :
jmba...nice breakout..wow
Posted by R1 Man on :
I had to get my son so couldn't look more. I read the ticker this morning but forgot it when I went to my office. Tried typing possibilities and searching. Guess I didn't look hard enough. I thought it would show up as a top gainer stock on NYSE or Nasdaq. But doesn't show up. Has a lot of volume. No idea why I couldn't find it. Maybe they wanted me to lose my money.
And when I was trying to short FRE....I was going to sell around $4.98. I had to play with the volume and the price and it kept dropping. That is how I chased it down.
WM....$4.05....up a ton the past few days. I was going to buy that around $3.60 but was holding BAC.
Posted by rajthebam on :
quote:Originally posted by Morpheus: Raj..you can still bet down on the market without "shorting"..those pics i posted all are ETFs that go up when things go down..learn about them.. like today for instance..housing down..SRS up..
how do i do that?
Posted by R1 Man on :
He is saying some stocks perform better in a BEAR Market. So when the Bulls run all over, those stocks go down. When the Bears come to play, those stocks go down.
Kind of like this.
A lot of people freak out when the market goes down and run to mutual funds or money market funds. When the market goes up, they want to catch the bus too so those markets can go down because of the selling. Hope that explains it somewhat.
Posted by rajthebam on :
i get what your saying...but i guess i need help with how the actual trade on scottrade would work...under the trade tab, what option from drop down menu will i choose etc.
Posted by R1 Man on :
We are not telling you to short stocks. We are saying there are stocks out there that you buy that will go up when the market goes down. That is all we are saying. So if you know how to make a trade then you can do that too.
Posted by rajthebam on :
i do understand what you're saying here....there are stocks out there that go up when market goes down and vice versa - do you trade them the same way on sites such as scottrade? go into trade and basically buy that stock or is it any diff? I am still buying when market is up so the stock is down and hope for market to go down in next few days so my stock can be up, do i have this right? and also, does that include the tickers morpheus suggested?
Posted by Morpheus on :
SKF is called "ultrashort financials" you buy just like you you did SOLF only its p[remis is ..when the financials go down..it goes up and vice versa..SRS is called "ultrashort realestate" same thing..when the real estate stocks go down..that symbol goes up...it is hoping the stocks go down..you buy and sell the exact way as another symbol..example RIMM, IBM, MSFT, JMBA..these are all bought cause you think they are gonna rise in price cause the market is going up..but with ultra short stocks thye would go down itf the market is strong and thei dow is rising..example is this morning..everything i had "bet on" last friday did a complete 180 degree and I was way off the mark...errrr..but SKF gapped down to 108.75 and is now climbing the wall of worry..currently 113.25..cause the financials opened strong..and are now declining ..but SKF is climbing..trades just like the others..no shorting juct your typical buy and sell ..
Posted by rajthebam on :
ok thx....anything eye catching for the buy and sell today for quick buck - not too pricey hopefully?
Posted by Morpheus on :
htere you go with ..tooo pricey...its the the precentage of the move YOU are looking for..if it cost 2 bucks and goes up to 2.40 that 20% if it cost 80 bucks and goes to 96 that is 20%...so the pric of the stock is inmaterial..you are looking for placing your bet on the direction ..for you its long (you want it to go up), and what is the risk reward ratio..ive been seening stuff all morning , get your charts out and watch "your" favorites..tons of action tis morning..only to paraphrase R1.. "I woke up on the wrong side of the bed" ..that little puddle gusher gustav did exactly oppisite what i had bet on..so now down today for the moment..not a good start for the month..errr
Posted by Morpheus on :
typically..any move beyond 7% in one day is really good..5% is fair and above 12% is great..so there you go..oil is "plummeting" cause of the "puddle gusher" gustave..soo airline are booming..jblu and uaua (both airlines) was up over 10 and 20%...
Posted by R1 Man on :
quote:Originally posted by Morpheus: "I woke up on the wrong side of the bed"
Yeah me 2....down $1200+
OPEC is talking about cutting oil supply to keep the price above $100.
Posted by R1 Man on :
quote:Originally posted by Morpheus: typically..any move beyond 7% in one day is really good..5% is fair and above 12% is great..so there you go..oil is "plummeting" cause of the "puddle gusher" gustave..soo airline are booming..jblu and uaua (both airlines) was up over 10 and 20%...
Just covered....especially since I saw it hit $5.25 premarket. Loss of $1,347.50
Posted by rajthebam on :
of course i remembered the percentage move tip - still looking....
Posted by R1 Man on :
Grabbing AAI at $2.70. Dumping at $3.00
Posted by rajthebam on :
i believe airlines are only up because oil is down - the minute oil starts to spike up the airlines will continue the down slide -
R1 can you please explain your rationale? how many r u buying?
Posted by rajthebam on :
its at 2.71 now - still contemplating guys? buy 500 shares now or wait? as it is stock is up close to 13% today in the up market - market tanks tomorrow and might go down to 2.25ish tomorow what to do?
Posted by Morpheus on :
i believe airlines are only up because oil is down - the minute oil starts to spike up the airlines will continue the down slide -
RAJ..you are correct..that is usually the way it is.. right now the dow is up strong..but hmmmmm? all the stuf i like are down..and down big..solf csun mee hk exm drys mos x srs...so you got me..is it time to buy..im in a caNUMBdrum..he he
Posted by R1 Man on :
quote:Originally posted by R1 Man:
quote:Originally posted by Morpheus: typically..any move beyond 7% in one day is really good..5% is fair and above 12% is great..so there you go..oil is "plummeting" cause of the "puddle gusher" gustave..soo airline are booming..jblu and uaua (both airlines) was up over 10 and 20%...
Just covered....especially since I saw it hit $5.25 premarket. Loss of $1,347.50
Ok....I want a brown paper bad so I can put it on my head. If I had held, I would be even...no loss. AAI down too so make that 2 brown paper bags.
I bought 5,000 shares AAI
Posted by rajthebam on :
my god 5000 shares.....R1 you got guts man...
Posted by Morpheus on :
the DOW is comming down, nasdaq down, its a BEAR TRAP !!!airlines are comming down...realestate comming down,,financials comming sown...hold on!!
Posted by Morpheus on :
good thing i got in SRS * 84.20 (only) 75 shares though..
Posted by Morpheus on :
dow is down 65...skf is in the green...eeeeeHHHaaaaww
Posted by Morpheus on :
uaua is closing at its low today ..looking like a great short
Posted by Morpheus on :
anybody? anybody?
Posted by Morpheus on :
anybody making any mola this morning?? all my bets are going against me...errrrr
Posted by SoAngel on :
I played FNM yesterday from 6.60 to 7.15 and today I am just watching because I am out of intraday trades until Friday.
I wouldn't mind finding something to hold overnight, but I would be paying closer attention to the end of the day today.
Posted by Morpheus on :
its looking like the coal sector is REALLY over sold
Posted by rajthebam on :
quote:Originally posted by SoAngel: I played FNM yesterday from 6.60 to 7.15 and today I am just watching because I am out of intraday trades until Friday.
I wouldn't mind finding something to hold overnight, but I would be paying closer attention to the end of the day today.
So Angel, i am also looking to do the same - hopefully i'll find something...would you be posting here if you found somehting?
Posted by SoAngel on :
I will post here if I take a position, yes.
Posted by R1 Man on :
quote:Originally posted by rajthebam: my god 5000 shares.....R1 you got guts man...
I have a lot of balls. I guess I jump in big time. Well, I was down $1,500 or so at one point with AAI and now up $700. Had my sell set at $3.00. It hit $3.00 but didn't get anything sold. Still have 1 intraday trade available. So thinking I will sell it and flip something else.
SOLD!! $2.85. Took $750 and ran.
Posted by R1 Man on :
SCA...I was going to buy this yesterday. Think now I might short it. Its up $0.51.
Posted by SoAngel on :
Good play on AAI. I was watching SCA as well, but watching it didn't make me any money, unfortunately.
Posted by R1 Man on :
Ok...Debating. Short SCA at $2.36 or buy UAUA at $12.46. Hmmm....If I buy UAUA....I sell at $13. If I short SCA, I cover at $3.00....$3.10
Posted by rajthebam on :
nice play on AAI - should have grabbed at least 500 shares when you mentioned it yesterday - oh well...no regrets....
Posted by R1 Man on :
quote:Originally posted by R1 Man: CDE....$1.87. I think its safe to assume this will hit $2.25 in the next month. Can go higher but why wait. So make 20.3%
BAC...$30.21. I think it will hit $31 on Wednesday.
CORT...$2.05. Ride to $2.20...make 7.3%
CVP...picked at $3.64....currently at $4.144. Pays a 18.5% monthly Divy. Should get back into the $5.00 range....so still cheap.
VC....$3.36. Can get in cheaper but as gas goes down, should hit $4.00 for a 19% gain.
PTA...Picked it at $2.00. Currently at $2.21 so up 10.5%. I think its good for $2.50 so make another 13.1%
CVP....at $4.60. Almost there. I knew it was a winner.
PMI...Wow....$4.14
VC....$3.50
Posted by SoAngel on :
Holy volatile market right now! I wish I had some daytrades available.
Posted by R1 Man on :
quote:Originally posted by rajthebam: nice play on AAI - should have grabbed at least 500 shares when you mentioned it yesterday - oh well...no regrets....
Your confused. You should of grabbed 500 when I was pissed. You would of made $150.
But Raj, add some more funds and get you a Margin account. Take your time with picks and don't rush. I can afford to lose $2,000, but you can't. Bottom line, take your time, be smart and don't rush. (Maybe I should listen to my own advice).
I will give you a pick so you can sit on it for a while and get your funds up. Give me a few days to find one.
Go watch SCA...about to kill the bid. Shorting at $2.42.....didn't click submit in time.....down at $2.35 again.
Posted by rajthebam on :
quote:Originally posted by SoAngel: Holy volatile market right now! I wish I had some daytrades available.
i do have some available - any tips you can give me?
Posted by SoAngel on :
FNM is tempting me to death right now....
Posted by R1 Man on :
Shorting 4,600 shares at $2.45....SOLD. Now its at $2.47. Ohh well. Covering at $2.30 or lower.
Posted by SoAngel on :
Sigh- FNM- oh well..
Posted by R1 Man on :
Buying 760 shares of UAUA also at $12.37. Selling at $13
Posted by R1 Man on :
quote:Originally posted by R1 Man: Shorting 4,600 shares at $2.45....SOLD. Now its at $2.47. Ohh well. Covering at $2.30 or lower.
SCA....$2.37....hmmmm....cover and put a bigger smile on my face....nah....I want to come home and be like DAMN!!!
Good luck all. Off to work.
Missed UAUA at $12.37...now at $12.67
Posted by R1 Man on :
Screw it...being a greedy *******. Covering at $2.00 Posted by SoAngel on :
I can't short SCA because Scottrade won't let me short anything under 5.00. Best of luck.
Posted by R1 Man on :
quote:Originally posted by SoAngel: I can't short SCA because Scottrade won't let me short anything under 5.00. Best of luck.
Thanks SoAngel. It closed at $2.36 but bid right now is $2.50. Hope that drops down a ton. PMI bid is higher then close as well so who knows. Lately SCA has been going up when the market goes down and vice versa.
M....Not sure if I posted this back in July but had it wrote down at a price of $14.30. Well it hit $21.89 today. Up 53% from when I wrote it down. Should of bought that one Posted by R1 Man on :
NM....$8.98.....This is a typical stock I would look for. It seems to have mood changes with ups and downs every 60 days or so. Great one to watch and predict.
Posted by R1 Man on :
RDN....$5.24.....Watch
Posted by Morpheus on :
is this a craaaaazy market this morn or what? my eyes are spinning
Posted by rajthebam on :
agree morph...this is truly volatile - never seen market do these up downs in such short timeframes....
R1 - RDN is trading at about 4.70 as we speak - i m thinking get like 200 stocks at 4.65 and flip it at 5.00 bucks - what do u think?
Posted by R1 Man on :
You can do that but it will hit $5.50 in the next week.
Posted by Morpheus on :
i like the sca play better..its really wipsawing..im looking to pick it up at about 2.35 if it hits..rdn is now looking like if it goes back to 4.42 then take the plundge..
Posted by R1 Man on :
SCA hit $2.84 this morning. Almost covered at $2.38....thought about it then it skyrocketed. Still short. Changed cover to $2.40. Have to take my son to lunch so good luck all.
Posted by R1 Man on :
quote:Originally posted by Morpheus: i like the sca play better..its really wipsawing..im looking to pick it up at about 2.35 if it hits..rdn is now looking like if it goes back to 4.42 then take the plundge..
I agree. If I cover SCA....I will immeditely buy.
Posted by rajthebam on :
RDN is up to 4.84 - darn it....haven't put the order in but if it goes close to 4.65 i would have to put the limit order in
Posted by rajthebam on :
just put the order in for 250 shares 4.65 limit price lets see what happens
Posted by SoAngel on :
I am liking NTGR at this level. I believe it is only down because the market is hit so hard today. I may take position in it today and plan to hold over the weekend, we will see.
Posted by rajthebam on :
made that 4.70 to be competitive - hope it gets accepted
Posted by rajthebam on :
in at 4.70 for 250 shares - as always guys only looking for 100-200 bucks so i would think if it hits 5.25 i m selling
Posted by Morpheus on :
i still like the 4.42. price...so I dont knoooooww..good luck.
Posted by rajthebam on :
its getting lower stilll.....man hope i come out of this jam with something to show hopefully
Posted by rajthebam on :
its getting lower stilll.....man hope i come out of this jam with something to show hopefully
Posted by Morpheus on :
i just bailed on skf 118.00. hit my limit price ..what do ya know..!
Posted by Morpheus on :
raj..that is a great example of "it goes up , when the market is down"..
Posted by rajthebam on :
got it...good move on your part....only if i was able to just buy 100 stocks of skf on really UP day in the market (when skf is down), I would make nice profit on DOWN days like today big time...anyway i only have cash account right now (i don't even have margin account right now) so really can't trade skf now can i?
Posted by Morpheus on :
i have tole you it is "just another stock".... no margin acct needed..get it??
Posted by Morpheus on :
you could have bought 20 shares at the close yesterday and made 160 smackers..that is a big gain for the size portfolio you are working with
Posted by SoAngel on :
Morpheus- he could've afforded maybe only 10 shares or so, it wouldn't have been worth it.
Posted by Morpheus on :
now that it has gone up...what do you think is gonna go up when it is going down???
Posted by Morpheus on :
anybody? anybody?
Posted by Morpheus on :
what ever...IMHO daytrading with s small bankroll is sure recipie for loseing..you need to buy and hold a few days..tommow will be a great day for this strategy..im liking WM ..its tanked today (thats why skf is up) and is ready for a REBOUND..eeeehhaww
Posted by SoAngel on :
I am liking FNM again for an overnight hold. Haven't gotten my order yet at 6.49, but I might raise it depending on how the 5 min chart goes from here.
Posted by rajthebam on :
WM and FNM both are good picks....RDN has recovered somewhat so i can sleep tonight
Posted by Morpheus on :
i betting thmmorrow morning during "amature hour"..things are gonna be really wild and great for some quick flips..im liking the FNM trade but im holding till then
Posted by Morpheus on :
today is just like is was saying a few days ago.. "here little lamb, here little lamb, come and get it, hurry hurry dont miss out on this" what a bunch of gobbletygook..down 300 and still plunging..wow weee...good for the shorts though..
Posted by Morpheus on :
raj..you be liking solf..its looking pretty good too
Posted by rajthebam on :
i know as soon as i m out of RDN, I am going to look at SOLF -
only if i could have held both.... :-)
Posted by rajthebam on :
i would get SOLF in 13.50 range right now its picking up and going beyond the 14 mark so just wait for another down on this one -
solars are so corky to predict (in up market they could be downn and down market they could be down as well) just have to time it right though...
Posted by SoAngel on :
Well, I had changed my order right after I posted and I have been away from the computer until now, so obviously I got them... could've gotten 'em cheaper though (what else is new)...
In for 1,000 shares of FNM * 6.65.
Posted by Morpheus on :
man o man..im kicking my self in the nuts..I went a covered all my shorts WAY TOO early..well you know what thay sey..i nver went broke by selling too early..
Posted by Morpheus on :
im still short uaua..short a 11.10 a few days ago and double down short today * 12.50..thats all i got for now.
Posted by Morpheus on :
i just put a CRAZY limit order for tommorrow..just for kicks 1000 shares wm * 3.50 and 500 shares rdn * 3.80 ya never know with this crazy market moves
Posted by Morpheus on :
im also watchin MSFT..i know i know you are all saying "what a dog" yeah but i feel good about putting 50k into this stock when it hits 25.50
Posted by R1 Man on :
Ok, Let me address all the picks.
WM....I was going to suggest that as a candidate Morpheus. Now for entry, I'm thinking $3.90.
FNM....SoAngel...I think you should of stayed greedy. You might have to hold that one for a while to get your money back. I think it will go down Friday.
RDN.....Undecided, when I posted that pick....it was a WATCH...not a buy. Now if you would decide to park your account on it for 6 months, I would say you will double up. But it will take some time. (I'm impatient at the moment so I won't do that).
MSFT....I fully agree....$25.50 would be an awesome price. They lowered X-Box so that will force Sony to lower the PS3. On top of that, They are no longer going to use pentiums this fall. My buddy says they are making a all new processor that starts with a D....???? Also, Google announced that they are after Microsoft Internet Explorer. That is the most common web browser so big money for them. Have to keep that in consideration. I think it will drop to $26 but don't think it will drop much after that.
AAI....$2.78. Get in cheap like $2.50 and chill for a week then dump.
PMI....$4.34. I think this one touches $4.00 Friday.
F.....$4.39. This one moves back to $5.00 in 3 weeks.
SIRI....$1.26....Buy....Dump at $1.32....easy flip.
BTH....$12.07....watch Friday and look for cheap entry....might drop to $11.50 but ride back to $13.
TIVO....$7.31....No buy or sell....But this one needs to be KEPT as a SWING TRADER. Its neutral right now. Look at the chart. I like the swings!!
WF....$35.88. I think we can see $38 again very soon.
VOL...$12.07. Similar to TIVO. But ripe right now. I say ride back to $13. This seems like a regular SWING TRADER as well. Will have to add to list as well.
HL....$5.78. Sorry to any who bought at $7.19 when I posted it. Gold always goes up in Winter so its a great buy right now for someone who holds. 3 month hold or less....Should hit $9.50
When the market MADNESS chills out, I will go back to posting picks my old ways. Right now, its a day traders dream. After the election I am guessing you will read my normal postings.
Good luck all, Lets make some money!!
Posted by SoAngel on :
FNM- you are probably right, considering I have read nothing but bad news since market close. Not sure if I will hold or just get out early and take the loss.
Posted by R1 Man on :
Shorted 330 more SCA at $2.85. Trying to raise my average so I can cover easier.
PMI touched $4.00
Posted by SoAngel on :
I should've taken the 6.60 for FNM a few min ago for minimal loss. Still holding.
Posted by rajthebam on :
RDN is not looking pretty at the moment...
Posted by R1 Man on :
quote:Originally posted by SoAngel: I should've taken the 6.60 for FNM a few min ago for minimal loss. Still holding.
Hold it and sell at $7.00 Market turned up.
Posted by R1 Man on :
Hey Morpheus, I now know why you like JBLU so much. Watch!
i only like it when it gone way down into the mid 4 range..its just another mover
Posted by Morpheus on :
thanks R1..thats a cool site, i love funny
Posted by R1 Man on :
Yeah, Big Balls Air Lines has been giving JBLU and others a good screwing....lol.
SoAngel, did you hold it? Hope you did.
Market is nuts.
WM hit $3.90 and now at $4.18. Hope someone made that play.
Posted by Morpheus on :
i seem to have rigamortis of the clicking finger today
Posted by SoAngel on :
I sold FNM at 6.40 right after I posted.
Posted by Morpheus on :
ahh dude...bummer..i was hopeing somebody had a great day..well thats the way the ticker bounces..i got a bunch of limit orders in for the open on monday am..just trying to place the bounce..
Posted by Morpheus on :
fresh news out on fnm after close.(go figure)..treasury back up and all..fnm will brobly go up from here..
Posted by SoAngel on :
FNM- falling FAST after hours, can you link me to the news ?
Down to 6.71
*edit* wow, now back up to 6.91
*double edit* Wow again, down to 6.10!
Posted by SoAngel on :
Nevermind, read some news, seems like more hype.
Posted by SoAngel on :
FNM- 5.75- I wonder how low it will go this time ?
Posted by SoAngel on :
FNM- Well, I gotta be honest and say that I was upset at myself for taking a loss and selling today, when I could've made $500+ by holding until the end of the day, but at this point in afterhours, I am speechless... FNM at 4.53 is unreal.
*edit* FNM at 4.25 by the time I typed that.
*double edit* - sorry for all of the posts, I am just overwhelmed watching. Back up to 4.90- if FNM gets to 4.00 in afterhours, I am buying in.
Posted by R1 Man on :
Happy you sold it. Profit or not. That sucks. You very lucky you sold though.
Posted by BooDog on :
MHF 7.94 potential squeeze play, notice how the bollinger bands are creeping together curving closer. RSI going above to 50 raises my eyebrow a bit also. Keep an eye on what happens. This is another fund stock with very low volume.
This is not a buy/sell recommendation. My posts are my own opinions, use at your own risk.
Posted by R1 Man on :
BooDog,
Welcome back! Been a while since you posted. I have been missing lately. Have to get back to fundamentals.
So....FRE and FNM got taken over by FEDS. Rumors are that the tax payers and shareholders get screwed. Will have to see how it pans out but BEWARE!!!
I'm thinking this will be a blow to the financials Monday. Maybe the entire market.
Posted by R1 Man on :
Ok, the entire market SKY ROCKETED. Bad news is I'm on the wrong side of the fence. Posted by rajthebam on :
my god....FRE is down 66% this morning to 1.68 a share - i had limit order in on friday evening of 5.05 and did not get accepted - god i love you.
Posted by rajthebam on :
Got rid of RDN at 5.10 - darn it - should have waited - damn panic attacks....
Posted by rajthebam on :
do you'll think RDN is good buy at 4.60 again for quick flip at 5.00?
Posted by SoAngel on :
WM- tanked down to 3.69 now. What a day so far...
Posted by R1 Man on :
This is how I feel today!!!
I covered SCA at $3.35....sold FRE short at $1.15....then covered at $2.02....then bought FNM at $1.42....still holding. Currently at $1.19. I should of stayed in bed. Sad part is, if I had held everything short, I would of made $$$. Somebody had to be the idiot today, why not me. So, can we say down $5,747 today alone plus the $1,700 for the other day. So I dropped about $7,000+ today.
Posted by R1 Man on :
UAUA....Last sale was $0.01 and halted. WOW!!!
Posted by SoAngel on :
R1 Man- that sounds like a day that I had a few weeks ago. And I haven't recovered any of it, because I make a positive trade, then a negative trade, then a positive trade, then a negative, etc etc etc.
Posted by R1 Man on :
UAUA, talks of them filing bankrupcy. Says its not true. That is why the drop.
Posted by SoAngel on :
11:15 am : CNBC reports that the UAL (UAUA 8.97, -3.33) bankruptcy reports are untrue, with a 4-year-old story somehow being reported as current. The stock is halted for trading.
Posted by SoAngel on :
Today, I bought FNM at 1.25 and got out at 1.47 - lol, too bad it was only 500 shares. Scottrade now will not allow me to purchase FNM FRE or UAUA through the computer, I am sure because of the crazy day that those 3 are experiencing.
Posted by deathtoradio on :
Bought a bunch of BBI last week for 2.24 sold today for 2.40. It's been going from the low 2.20's to near 2.50 for a while. I'm diggin' it.
Posted by rajthebam on :
anything looks good for quick flip guys? any suggestions? WM at 3.50?
Posted by deathtoradio on :
SOLR looked good today at 9.87, whoever had mentioned that one before.
Posted by Morpheus on :
hey....i just logged on and what is the word with UAUA..im short 500 shares..11.10 and 12.50..it looks like its trading..??
Posted by Morpheus on :
looking at the 5 minute ticker..looks like i missed out on some goooog mola...bummmer..i did not have a limit order in
Posted by Morpheus on :
goooood mola
Posted by Morpheus on :
looks liks about a 10 minute window of some gobbeltygook bs that went on and i was out to breakfast with some buds..geeese..ah man ..oh well..still looks like a good short from here to me..I alos got a buy in for wm * 3.40
Posted by R1 Man on :
I have 1,550 shares of WM at $3.45.
I wish I didn't wake up today though.
Posted by rajthebam on :
just bought RDN at 4.55 300 shares
Posted by R1 Man on :
quote:Originally posted by R1 Man: I have 1,550 shares of WM at $3.45.
I wish I didn't wake up today though.
WM looking better. Down $8,900 today + and now have a positive gain.
Posted by R1 Man on :
WM....Sold....should of held it longer but wanted to go to work knowing I did make a good decision and money today. Still a horrible day.
Posted by R1 Man on :
Buying 2,000 shares of PMI at $4.19.
Posted by tmanfromtexas on :
quote:Originally posted by rajthebam: just bought RDN at 4.55 300 shares
Dont feel bad I bought 500 at 4.54. Thought it was a good deal DOH!!! AH at 4.02. I hate it when it does that. TMAN...
Posted by R1 Man on :
So, FNM will open higher.
PMI....will open lower
RDN....Will open lower for you two.
AAI....Guessing it goes down Today. But still think its a great buy for those who hold for a few months.
WM....Opens lower. Think I will play this one again today if I free up some money.
UAUA...Will open higher.
SCA...Bet it closes higher today....thinking $2.76.
So...my father jinxed me. He called me at 8am and said the market was UP HUGE. I asked him about SCA since I was short and freaked. So, that is how it started. He is loaded up big time with BAC....thinking he has 6,800 shares or so, so he was super geeked to see it up $3.00+. Well, things happen. But patience is the best practice.
So, for anyone who has balls, FRE and FNM will be good day traders again today...but which side of the fence to be one, I have no idea. Just hoping I'm on the right side. ($1.43 break even at 3,000 shares)
Posted by R1 Man on :
quote:Originally posted by SoAngel: I sold FNM at 6.40 right after I posted.
So you feel better now that you took a small loss?
Posted by SoAngel on :
R1 Man- hah! Yes, I am very relieved. I wouldn't have held over the weekend anyway, but either way, I am glad I was out.
Posted by BooDog on :
quote:Originally posted by R1 Man: BooDog,
Welcome back! Been a while since you posted. I have been missing lately. Have to get back to fundamentals.
So....FRE and FNM got taken over by FEDS. Rumors are that the tax payers and shareholders get screwed. Will have to see how it pans out but BEWARE!!!
I'm thinking this will be a blow to the financials Monday. Maybe the entire market.
Quite a trip. I don't get on the boards like I use to since they changed our computers at work. Been able to once in a while. Been hangin at Topgun mostly. Only thing I was able to mess with yesterday was my practice account on updown. Pretty cool site for practicing. PM me your e-mail if you want and I'll send you an invite.
Posted by BooDog on :
Check the news on SCA, I think they will dip since being downgraded again by Fitch. They have deals in the woodworks bla bla bla but if the media controls these bond insurers like they have been - the fitch news will prevail and this would dip. Still has some decent strength so we'll see.
Posted by BooDog on :
Enter F into pincher status. My chart links that I posted from Sunday didn't work but it reacted like I thought it would with my hooks on ACC/Dist and CMF. Now it needs to break the 50 on RSI and break resistance around 4.70. Good luck R-1, I'll try to get here when I can!
Posted by rajthebam on :
wondering what i should do with RDN?
Posted by rajthebam on :
take a loss and get out you think? cut my losses....?
Posted by SoAngel on :
quote:Originally posted by SoAngel: I am liking NTGR at this level. I believe it is only down because the market is hit so hard today. I may take position in it today and plan to hold over the weekend, we will see.
I got in NTGR the other day at 15.90. Looking to exit at 16.90.
Posted by R1 Man on :
quote:Originally posted by rajthebam: wondering what i should do with RDN?
Wait. You will make some money.
SoAngel, I haven't seen that stock mentioned for a long time. Congrats.
WM....$3.50....buy. Flip it again....exit $4.00.
Posted by Morpheus on :
taj..i picked up a limit overnite order 1000 shars rdn * 3.60..it lookd like its going higher still from this point which is 3.93..IMHO
Posted by Morpheus on :
anybody seen any news on RDN? why the big drop late at the close yesterday and this am? anybody? anybody?
Posted by Morpheus on :
for those of you out there in cyber vegas land that like to play gaps..take a look at BIOD ..wholly molley..what a gap!
Posted by BooDog on :
quote:Originally posted by Morpheus: anybody seen any news on RDN? why the big drop late at the close yesterday and this am? anybody? anybody?
its azz backwards, was looking for rdn to climb and sca to drop. lmao
Posted by HokidSirem on :
GLW... Just moved in at $16.35 looking to sell at $18-19 in the next 14 to 30 days. Getting ready for a move. It's been calm for the past few days in the $16 - 17 range. Oversold and ready to pop soon...
Posted by SoAngel on :
RDN caught my eye as well and I picked up 1,000 shares * 3.75. Starting to feel like I should've stayed away, hah!
Posted by BooDog on :
quote:Originally posted by BooDog:
quote:Originally posted by Morpheus: anybody seen any news on RDN? why the big drop late at the close yesterday and this am? anybody? anybody?
its azz backwards, was looking for rdn to climb and sca to drop. lmao
This could explain it a bit... Sector Wrap: Mortgage insurers fall Monday September 8, 4:34 pm ET Shares of mortgage insurers fall despite government's plan to inject $200B in Fannie, Freddie
NEW YORK (AP) -- Shares of mortgage insurers declined Monday, even as most financial stocks rose, after an analyst said the government's takeover of mortgage giants Fannie Mae and Freddie Mac could make the mortgage insurance industry obsolete.
Late Sunday, the Treasury Department vowed to invest up to $200 billion in the government-sponsored enterprises (GSEs) in an effort to stabilize the disruption in the housing market.
The plan is expected to help lower mortgage rates, and in turn offer some relief to consumers struggling with increasing payments.
Friedman, Billings, Ramsey & Co. analyst Steve Stelmach said he expects little immediate impact on the mortgage insurance industry as a result of the bailout. But over the long term, it's possible that mortgage insurance could become an obsolete form of credit enhancement, he said.
"The U.S. Treasury and the Federal Housing Finance Agency are actively trying to facilitate mortgage market liquidity, and Congress could help with that goal by waiving the need for mortgage insurance and the associated premiums," Stelmach wrote. "That decision is not without risk to the U.S. Treasury, however, as we estimate that the mortgage insurance industry has saved GSEs, and by extension the federal government, roughly $15 billion over the past two-and-a-half years."
Stelmach reiterated his "Market Perform" ratings on Radian Group Inc., MGIC Investment Corp. and PMI Group Inc. Radian Group specifically could see further pressure on its stock price, Stelmach said.
Radian Group fell 60 cents, or 12.5 percent, to close at $4.19.
PMI shed 3 cents to end at $4.28.
MGIC lost 41 cents, or 4.4 percent, to finish at $8.80.
Posted by R1 Man on :
Debating on taking my loss and going short on FNM
Posted by BooDog on :
I thought of playing FRE and FNM again, that's about as far as I got. Looks like they're on the bounce right now.
Posted by SoAngel on :
Yep, should've stayed way from RDN. What a day, lol.
Posted by BooDog on :
I took a loss on SCA and RDN for my practice account Did pick up F at 4.45 though.
Posted by SoAngel on :
I am still holding RDN but debating taking the loss. I am getting used to it.
Posted by BooDog on :
quote:Originally posted by SoAngel: I am still holding RDN but debating taking the loss. I am getting used to it.
I'm getting the vibe that some are bailing due to the fall out of FNM and FRE since they will be govt backed many of the bonds - or at least an undertermined amount may not be needed. Fundamentally anyway. Still will play by the charts though.
Posted by SoAngel on :
If I sell, it will go up 30%.
Posted by Morpheus on :
just grabbed some EXM 300 shares * 21.74
Posted by Morpheus on :
also covered my short on UAUA *10.46..im thinking that tommorrow is gonna be an up day
Posted by rajthebam on :
my first burn as day trader -
RDN sold for loss of 400 bucks...ouchhh...will take me a while to get up from this....ohhh...never knew it hurts this much.
Posted by rajthebam on :
ohhhh i m still hurting guys...first ever loss when daytrading...what did you guys feel like when you had yours?
Posted by BooDog on :
quote:Originally posted by rajthebam: ohhhh i m still hurting guys...first ever loss when daytrading...what did you guys feel like when you had yours?
I still remember my losses, every day. And to think there won't be more? Trying to make the wins greater than the losses. Have you practiced anywhere or are you just jumping in and taking the chance of losing like I did? - oh, and it is true -- hot tubs do increase the effects of alcohol! :-)
Good luck. Practice practice practice! Posted by rajthebam on :
my luck....RDN is bouncing back slowly...
Posted by Morpheus on :
you need patience luke skywalker
Posted by Morpheus on :
i hope you rolled your principle into something else? perhaps SOLF or EXM or FNM ??
Posted by Morpheus on :
RAJ..a good one to trade and looks lik a 10 -15% pop is UHAL..unless you are a real cyber vegas player..go for WM on the downside..you must say to your self..is this company gonaa still be inbusiness 6 months from now and what are the chances of it being higher from now??? hmmm
Posted by Morpheus on :
amature hour is almost over..anybody buying anything??..im likeng WM at this price 2.92
Posted by Morpheus on :
anybody? anybody?
Posted by Morpheus on :
how low ..how low..how low can you go?? what up with WM every penny it drops..i like it more and more
Posted by Morpheus on :
everybody have rigimortis of the clicking finger today??
Posted by Morpheus on :
im in..WM 2000 share * 2.81 with a limit order of another 1000 * 2.73 should it go lower
Posted by BooDog on :
UPDATE 2-US FDA panel backs Pfizer osteoporosis drug
ROCKVILLE, Md., Sept 8 (Reuters) - A Pfizer Inc (PFE.N: Quote, Profile, Research, Stock Buzz) drug rejected by U.S. regulators three years ago won support from an expert advisory panel on Monday for treating women with the bone-thinning disease osteoporosis.
The committee voted 9-3 that the drug, Fablyn, offered benefits that outweighed risks such as blood clots. One member abstained. Pfizer developed the drug with technology from Ligand Pharmaceuticals Inc (LGND.O: Quote, Profile, Research, Stock Buzz).
LGND 3.51
Posted by Morpheus on :
WM...look out below !!! bummer
Posted by Morpheus on :
wm is * 2.30...anybody want to buy my shares..wwaaaaaahh
Posted by Morpheus on :
raj...here is your flip you are always looking for..
Posted by Morpheus on :
i picked up anlther 1000 shares at the fire sale..WM 2.34
Posted by Morpheus on :
that stock is pissing me off BIGTIME..anybody else feel that way?
Posted by Morpheus on :
its a pretty good trading day and wouldn't ya know..this message board is on tilt, no body wants to play with me...did everybody go on some sort of seminar that I did not hear about?? I guess i must have missed that memo
Posted by Morpheus on :
RDN is showing a 12% bounce..any body click on that one? or do ya all have broken fingers today
Posted by R1 Man on :
quote:Originally posted by Morpheus: its a pretty good trading day and wouldn't ya know..this message board is on tilt, no body wants to play with me...did everybody go on some sort of seminar that I did not hear about?? I guess i must have missed that memo
I did what I wish I did Monday....I slept in.
WM got a lower rating and they have a new accounting rules so they might not make as much money. I think its a steal at the $2.56 price.
SIRI....Ok, your right who ever said its going to $0.99. That sucks....haven't checked.
Again, the market is crazy and its very hard to predict now. I used to believe I was pretty good at predicting...now it seems like I am throwing darts blindfolded. Good luck.
Posted by Morpheus on :
Alllll...reaaaady...Then..Ill just have to make all the MOLA MOLA myself
Posted by Morpheus on :
yo R1...whasss up...hope you are well this am..wow WM and RDN have been a traders dream today..havent heard of the acounting thing with WM..I hope it not WCOM part 2...heee heee that one blew me away a few years back
Posted by R1 Man on :
WCOME made me a ton of money. I dropped $5,000 on that one at $0.055 a share and sold it on the bounce at $0.245. Made a killing on it. But I learned from MM Mutual Risk Management when they went Backrupt. Ohhh yeah, I then punched MCITE MCI at $0.095 and sold at $0.18. That was my best trading day ever....made over $24,0000 in 1 day.
I read the WM thing on Marketwatch.com
I am down even further and have a maintance call due. I have FNM and PMI. PMI went down a lot since my buy in. I thought about selling FNM when it was at $1.24 and then short it back to $1.00. Wish I had listened to myself. I listened to someone else and expressed patience.
Posted by R1 Man on :
Posted by Morpheus on :
you sound like one of the commercials on TV...hee hee..
Posted by BooDog on :
quote:Originally posted by R1 Man: WCOME made me a ton of money. I dropped $5,000 on that one at $0.055 a share and sold it on the bounce at $0.245. Made a killing on it. But I learned from MM Mutual Risk Management when they went Backrupt. Ohhh yeah, I then punched MCITE MCI at $0.095 and sold at $0.18. That was my best trading day ever....made over $24,0000 in 1 day.
I read the WM thing on Marketwatch.com
I am down even further and have a maintance call due. I have FNM and PMI. PMI went down a lot since my buy in. I thought about selling FNM when it was at $1.24 and then short it back to $1.00. Wish I had listened to myself. I listened to someone else and expressed patience.
doh! FNM Did have a nice dip near close didn't it!
Posted by SoAngel on :
RDN- not quite 30%, but it definitely shot through the roof after I took my loss on it. I am going to give up soon the way this is going.
Posted by rajthebam on :
i m still recovering fm loss - good luck to all of you though...
Posted by Morpheus on :
raj..the..bam..man.. dude..with amount of capitol you are working with its tuff..but dueable..always remember..DO NOT be in a hurry to loose your MOLA..if you are working with 1000 bucks..only put in maximum 15% of your total principle into any 1 bet..(oh yes, buying and selling of these stock symbols is just a bet in cyber vegas)..so looking back..you swung for the fence and struck out..too much money at one time was the trouble..to take a real risk would be max of 25% at any one time..so the most you would put on a bet is 250 bucks..when you are tradeing..so learn learn learn ..im working with 75k..but this is MOLA that has taken a few years to build..and i very rarely put more than 7k into any 1 bet with no more then 15k in play at any 1 time..this is a percentage game..you want to catch the percentage of the move is what counts..NOT the price..well work hard scrimp and slave to the man and better luck next time around..because..oh yes..you will be back!!
Posted by Morpheus on :
SO Angel..hang in there bro..this is an up again, down again, game..the trick is to be on the correct side of the move and gain a "feel" for what is going on. and then just limit your bets to a percentage..another good tip from the Morpheus..wait for the "black Monday" drop and only then do you want to drop the bundle into a good symbol like MSFT or AMGN..cause these will come back quick for a 10-15% gain..thats always worked for me..its a good feeling when your patience pays you 7 to 10k in one week..i like the 4 straight down day with the dow game..odds are its gonna go up..and vice verse when short..but only quality companies
Posted by Morpheus on :
WM= quality X=Quality MON=quality MSFT=quality AMGN=quality CAT=quality UHAL=quality BZH=quality these symbols are associated with companies that will be in business for a long time..they do not make for a good swing trade, but when the big DOW move hits ya just feel good about dropping a bundle into them and wait..
Posted by Morpheus on :
which reminds me..X and MON and MOS all are looking pretty scrumcious about now..maybe after another big down day..BAM its all in
Posted by SoAngel on :
WM is pre-marketing at 2.00. *edit* Make that 1.80.
Posted by R1 Man on :
Cramer said WM is junk now. Said stay the hell away from it but I think its been beat down and kicked enough that traders will pick it up.
MSFT....I knew it was coming back Morpheus....did you play it? I wanted to.
Posted by SoAngel on :
Anyone have big enough balls to play with LEH today ? I have been very close to placing an order twice now, but backed away then both times.
Posted by Morpheus on :
r1..msft did not hit by limit order price.so im not in it ..i am in however..X 75 shares * 95.75 and WM 4000 * various prices i guess im averaged out a about 2.55 ..i know cramer does not like WM ..he never has..but i watch and listen to him and do the oppisite which seems to work for me..never really bought much of his recos anyhow..althought im watching REXX..and i made some good MOLA last year on MA..im alos averaged out on RDN 1000 shares * about 3.30 picked some up monday and then wen RAJ was bailing * 3.15..im also holking a pretty good long term in my kids account RACK..we picked that up about 2 weeks ago * 10.15..so ya might say I am long at this point in the game...by the way..UAUA had a nice reversal day would not you say??
Posted by Morpheus on :
speaking of BALLS...what about the spread on WM...wow oh wow..the is almost a 50% swing today..i was sweating big time and went to the driving range to beat some balls this morning and now things are looking up when i got back..i i was here i would have done something stupid..and not caught the reversal..yeeepiee
Posted by Morpheus on :
if I was here I would...
Posted by Morpheus on :
oh yeah im still holding EXM 300 shares * 21.74..im liking the energy/oil sector..plays on this i think are good are REXX OII MEE HK JRCC (which cramer turned me onto about 2 months ago..when it was about 52..it spiked up in cramer fasion and then tanked..he was all over this like stink on turds..like he is with most all his stuff..buy buy buy...you will never hear him tell his audiance how to really make MOLA..long and short..but thats his show..
Posted by Morpheus on :
oh yeah i had shorted JRCC about 1 week after he recoed it.. at 58.50 and then bailed on it 2 days later with some really good luck at 48..which I had shorted more..but ill take it!!
Posted by Morpheus on :
one last thing..im really really really praying to the cyber vegas gods for a good UP day tommorrow Friday..its looking that way from here..then i can have a good round of chase the ball around the big green field..with a tee time 1:40pm pst
Posted by R1 Man on :
quote:Originally posted by Morpheus: one last thing..im really really really praying to the cyber vegas gods for a good UP day tommorrow Friday..its looking that way from here..then i can have a good round of chase the ball around the big green field..with a tee time 1:40pm pst
I feel like I am the on holding the flag. I would go golf with you if you lived by me. Yeah, WM was sick today. I saw it at $2.25 and thought....DAMN!!! I almost took my losses and grab it. But still coward out. I have to be very careful recovering my losses. Ohhh, WM....reason it moved up IMO is they talked about it being bought by another bank which means PREMIUM price. Its always nice when you own when it gets bought out.
LEH........leave that one alone. I couldn't say buy or sell short. If I guessed, sell short and watch it drop farther. But my advice....look at me and leave it alone.
I still like VG. They always advertise on TV, they are cheap. Good service and no long distance charges. If I was home more, I would get VG for my house.
Well, off to play some games. Sister gets married Saturday so not working Friday Watch me make some calls and trades. Friday is RECOUPE losses day for me.
Posted by R1 Man on :
PS, I got bored and had a little fun with the SPAMMERS on HotStocksFreeForAll. Take a look....LOL
Note, if you check my posts from a few years ago, we had one of these pumpers on this trend and I called him out on it. I think we have some quality people on here right now but you have to watch out for these guys.
Posted by Morpheus on :
yeah R1..recoupe day..i like it..good luck to us
Posted by deathtoradio on :
I dig Vonage, might trade that some time next week when I free up some money.
Posted by R1 Man on :
LEH....thinking of shorting.
Posted by R1 Man on :
I grabbed 2,000 shares of F * $4.79. I think its going back to $5.00 easy. Maybe as high as $6.00 in the next few weeks.
Posted by R1 Man on :
F......$4.90. Looking good.
CAT....$64......This is the stock I was thinking of buying. Especially when it was down $1.60.
MER....Hmmmm...CITI says its worth $65 a share because of the assets. Interesting....$18.51
Posted by Morpheus on :
i just bailed on RDN * 4.84
Posted by R1 Man on :
quote:Originally posted by Morpheus: i just bailed on RDN * 4.84
Congrats!! So we both are making some mula today. I got to get out of this rut I am in.....and its a DEEP RUT too.
Posted by Morpheus on :
RDN is up another .25 since i sold missed out on 250 smackers...whaaaaaaa..but ill take the mola i did make
Posted by Morpheus on :
i like F also...its been all over the news today with good stuff and this is helping to lift the price
Posted by Morpheus on :
just noticed I also got limit out yesterday on EXM ..i put in a sell order * 25.35 and it hit it late in the afternoon..made 1200 bucks on this one..it is a great day today..RDN is up 25% just today..what up with that???? anybody explain
Posted by Morpheus on :
the best explain I could come up with is RDN is up 25% today because of a rumor that says it is going up 25% Posted by Morpheus on :
its a very good day sooo.. this is worth a good laugh
Sweet video. I would give some of them 10s for the falls.
LEH has rumors of them trying to get bought out by several banks. BAC is a solo one. Then they had several banks trying to buy by combining funds. That is why I decided not to short it. I think Korea or China offered LEH $25 a share buyout 3 months ago and they turned it down. I bet they feel like those gymnists now.
F....going to sit on it for a minute. Oil is below $100 now so should give them all extra boost with room to run. Plus they get Gov. line of credit. Looks greak to me. Thinking of holding for $6.00.
CAT moved up $3.00 from when I was thinking of buying it. I didn't buy because I could only buy 180 shares and thought it wasn't worth it to me.
ONT....went from $0.35 to $0.42 today. Anybody catch a ride?
Posted by R1 Man on :
quote:Originally posted by Morpheus: just trimmed some of my risk trimmed my holding 25% and took profit..sold 1000 WM * 3.28
I think if JPMorgan buys WM they will pay about $6.00 per share....wait.....they said they are not in talks now but interested. Funny how it works.
Ohhh yeah....I'm making Mula with ya!!
Posted by R1 Man on :
Look....WM now dropped like hell. News says they are in talks....they say nope and there it goes!!
Posted by Morpheus on :
those bumbs on TV are NOW saying that the talks are false..and it dropped below 3 bucks..what a bunch of BS they play...those SCHMUCKS
Posted by Morpheus on :
ya see the sort of blah blah blah BS all the time..that is what I was thinking that is why I lighten my shares a bit..but ya never know?? its crazy and for some ballsey palyers (or stupid)wm just was at 3.30 and 2 minutes later its bounced off of 2.68..this is cyber vegas at its finest..yeeeeehaaaaw...there still talking WM on CNBC and now its going back up..crazy
Posted by Morpheus on :
ive been busy monitoring the holdings i own while ONT is not on my radar..tooo costly for my taste..it could loose you a bundle in a heartbeat at that price..but one play I do watch and did not catch is SOLF..wow..what a nice bounce
Posted by Morpheus on :
im still holding 3k shares of WM..it will be all over the news after the close..THE MAN knows what the heck they are doing..(news during open tradeing and compared to news after the close BS)so im betting that after the close cramer will come out and say something about the whole mess and im betting the its gonna be good for the WM price ..6 bucks? that would be totally cool..if thats the way it playe out ..morpheus is gonna take a nice cruise ship for a week in the carribian and enjoy my mola
Posted by R1 Man on :
I was thinking like that until I got hog tied and dragged off a rock cliff.
They said GOV. is giving the money to Autos. Posted by R1 Man on :
F is about to test $5.00 almost there!! If it break $5.00. I think we will see a close of $5.11
Ummmm.....nevermind. Just dropped back to $4.93
Posted by Morpheus on :
AIG has really tanked in the last 4 days..wow could be a play??
Posted by Morpheus on :
why do i feel like the guy on the coommercial that is at work and sees his stock spike in price..sends his boss a IM and says "F off, I Quit"..then the stock drops like a bomb 3 minutes later and hes in there trying to delete the message..thats WM today
Posted by SoAngel on :
Sorry I haven't been active much today, I was training a girl at my work because I am on vacation next week (honeymoon).
I shorted WB at 14.30 and covered at 14.10. Looks like I should've held out, because it looks like things are going to end lower but green is green and since I am still down over $10k at this point, I gotta do what I can.
I feel like a fool for selling WM yesterday at 2.26 for a small profit.
Posted by Morpheus on :
hurrican play anybody??
Posted by SoAngel on :
quote:Originally posted by Morpheus: hurrican play anybody??
NSMG is down big today. I might pick up some of it.
Posted by Morpheus on :
soAngel..profit is profit...its tuff to pull eht trigger when you are down..im up lately..so im gambeling much more than usual..hang in there
Posted by R1 Man on :
SoAngel,
Congrats on the marriage!! Just make sure you sell everything and enjoy the vacation. If you log in and check out stocks you will get in trouble. Trust me, I know.
Hurricane play....I did that on the last one and lost. I would pass.
Posted by Morpheus on :
im thinking of short UAUA..usually..oil up airlines down..that is what I was saying about hanna and it did not play out that way..i was down big after that..so im really cautious now this time around..maybe ill wait and play during amature hour on Monday morning
Posted by Morpheus on :
could have picked up a nice bounce WM just rebound off 2.50 and going up
Posted by SoAngel on :
R1 Man- Thanks, this is my second marriage. We are driving up to Boston and getting married at Fenway park. I have everything sold except for a $100 ticket in a penny stock. Still thinking of picking up a couple hundred bucks of NSMG just for giggles. I am taking the laptop along for the week and she knows of the stock addiction, but I really doubt I will be active much.
Thanks again!
Posted by Morpheus on :
congrates soAngel...chat when you get back..OK?
Posted by SoAngel on :
Morpheus- Thanks! I will be back, no worries Posted by Morpheus on :
just think ..you now get to split all your hard earned trading mola 50/50 with the new little lady..youll have to work twice as hard to keep even..hee hee
Posted by SoAngel on :
Nah man, I am losing money, so now only half the money I lose was mine! haha
Posted by Morpheus on :
man the pressure got to me...shorted 250 share UAUA at the close 11.33...come on IKE
Posted by SoAngel on :
I picked up 10k NSMG at .022.
R1 Man- Are you still holding FNM ? Just curious...
Posted by Morpheus on :
good luck to us all..the golf course awaits ..laters
Posted by R1 Man on :
quote:Originally posted by SoAngel: R1 Man- Thanks, this is my second marriage. We are driving up to Boston and getting married at Fenway park. I have everything sold except for a $100 ticket in a penny stock. Still thinking of picking up a couple hundred bucks of NSMG just for giggles. I am taking the laptop along for the week and she knows of the stock addiction, but I really doubt I will be active much.
Thanks again!
LEAVE the LABTOP ALONE!!! You already got divorced once. Start this marriage out right. Women remember things. I got nailed for making $6,000 trading while I was on a 3 day vacation a few months ago. I thought everything was cool and she acted like it was. Then a few weeks ago she brought it up and said it wasn't a vacation because I did a couple of stock trades. WTH. Learn from me. LEAVE IT AT HOME!!!
FNM....I sold it and sold PMI and grabbed F. That is all I own. I am in a DEEP RUT right now and climbing my way out. Still confident!!
UAUA....good luck!! You know I am on the opposite side of the fence. So one of us will win. I'm guessing I will. I've lost enough already. But I hope it crashes for ya AFTER I SELL!!!
Posted by SoAngel on :
R1 Man- She wants me to take the laptop so we can use it to find places of interest in Boston (that is what my Tom-Tom is for, IMO), so we are taking it. But if I make any posts here, you guys have my permission to show up and kick my ass
Good luck to all next week!
Posted by Morpheus on :
R1..i dont know storm = messed up oil rigs and refine messed up oil rigs and refine = higher oil price higher oil price= airlines go down in price ya know i actually heard a bit ago that there saying the price of gas will double after the storm for about a month..thats like 8 bucks a gal its about time, finally, all those poor people can get out of my way on the freeway and no more traffic jams, and clean air...eeeeeehhaaaaa
Posted by rajthebam on :
SOAngel: R1 is right....if you do end up taking laptop with you, be prepared to hear about it for long long time to come....
Posted by R1 Man on :
Going to be a crazy day.
BAC buys out MER for $29 a share.
LEH files Chapter 11
WOW!!!
My computer caught a few viruses. Sucks!!
I came home and found my internet explorer opening programs left and right. I backed up all my pictures and files. Did a system restore to a prior date. Hope that works. Well, good luck all.
Posted by BooDog on :
It's going to be nuts M8. Globals already down. Who's next? JPM?? Will Wamu be able to pull up?
how bout this... "AIG, the world's largest insurer, and WaMu, the nation's biggest savings bank, have taken steep losses during the past year from risky investments. There were reports that AIG plans to disclose a restructuring by early Monday that's likely to include the disposal of major assets including its aircraft-leasing business and other holdings."
And what about all the other major companies that held/hold millions in these investment banks? For example WellPoint Inc. $214 million loss from FRE FNM investments.
And now the auto industries want low interest "don't want to call it bailout" loans.
European markets open down about 3%? My plan will be to add on my 401k if we get the dip I think we will. DOW hits 10,5 or lower I'm in.
Bring on the naysayers! LOL.
Posted by R1 Man on :
I have to agree with ya. I still wonder why MER bid is not at $29. Hmmm.....should close today around $28.50.
So, who is next....AIG going down next. But besides them?
I think that all these "TOO BIG TO FAIL" companies nose diving right into the dirt will drastically have a negative effect on the comfortableness of investers like you and me. I know a lot of people who pulled all their money out of stocks. After all this, I think there will me tons more running scared.
Posted by R1 Man on :
I think I am going to play LEH today. Try and catch a ride back up and make up for some of my losses. But have to be very careful not to get roasted again.
Posted by tmanfromtexas on :
R1, how are you gonna play LEH? The stock should go to pennies. I think to short AIG and maybe WFC would be a pretty good bet. TMAN...
Posted by BooDog on :
quote:Originally posted by tmanfromtexas: R1, how are you gonna play LEH? The stock should go to pennies. I think to short AIG and maybe WFC would be a pretty good bet. TMAN...
hell, even my wife said pull everything out and wait. a lot of smart money on the sidelines right now waiting / shorting. Personally I wouldn't touch LEH at this risk level and I consider myself pretty high risk. If I could daytrade? then I may play a few bounces but sure as hell wouldn't be holding any of these overnight. These are all like crazy pinky plays imo, here today gone tomorrow. I'm lucky to still be green playing my good 'ole tsp retirement - there are plenty that aren't even paying attention that'll wake up one day and wonder wtf!? Either way R1, I agree with T-man on LEH a stick of dynamite with a short fuse. Remember the "revenge" trader usually gets fried in the end. Good luck M8 - and remember, it is ALWAYS your decision.
Posted by Morpheus on :
im likeing skf at this point..and ive moved my open order on MSFT to 24..there is plenty of money to be made in cyber vegas today without playing the stocks that are on the verge of completly going bye bye..R1..wanting to play LEH?? stick with companies that are still gonna be around after the craziness subsides..MOS MON MSFT X DENN , remember..hogs get slaughtered..make intelligent moves into and out of the market. R1..at this point..your sounding like a Clark Grisswald in Vegas Vacation when hes playing any game to make back his lost funds. personally, "beat the guesser" was my favorite of all the games he chanced.
Posted by Morpheus on :
those of you that remember "Black Monday" in 1987..the 2 days prior to this were wild swing days which ended closeing down a few hundred points each day..and everybody was saying "Wow, that was crazy it cant get any worse" and then came Monday morning..550 points down on the dow, which then the Dow was about 2600..so this is about a 20% move in one day..and the days to follow still dropped too..so long story short..patience is a virtue..play the bounces with small amounts of funds, you will see
Posted by Morpheus on :
if any body sees a really hugh bounce play ..please post it...so we all have a chance at makeing the big MOLA today
Posted by Morpheus on :
WM is at premarket 2.20..and they are talking on the tube about conservership of this by the end of the week..ouch
Posted by R1 Man on :
I'm so out of it. Slept in the computer chair. MER is still way off the target buyout price. Did something change?
I agree with you both by the way. BRB in 5 minutes.
Posted by Morpheus on :
anybody see anything unusual?? hee hee
Posted by Morpheus on :
dow opened only down 90..WOW..thats strange after the premarket hype..
Posted by Morpheus on :
i just trimmid anothe 2k shares of my WM holdings * 2.26..hoping to pick some up way cheaper as the day goes on..already bounced off 2 bucks
Posted by Morpheus on :
that F..ing WM..it back to even..wild..that was a 900 dollar flub..
Posted by R1 Man on :
Only sold my F at $5.00. Not sure what to buy. Your X pick looks ok to me. Hmmmm.....might just sit on the sidelines tonight.
But if I was to buy, it would be BAC, X, PMI, WM
Posted by R1 Man on :
Put an order in for CAT at $63.30. Off to work, If I get it, I will sell at $65.00. Good luck all.
Posted by R1 Man on :
Bought PMI instead. CAT went up when I placed my order. Now off to work. I want $3.00 out of PMI.
Posted by Morpheus on :
i put in limit buy good till cancled on X * 91.10 and WM 1.65..see what happens tommorrow am..
Posted by Morpheus on :
wouldnt ya know it...everything is down EXCEPT the stock i shorted..UAUA..what up with that? just my luck today..
Posted by Morpheus on :
its a fire sale..eeeehhawwww
Posted by BooDog on :
quote:Originally posted by Morpheus: wouldnt ya know it...everything is down EXCEPT the stock i shorted..UAUA..what up with that? just my luck today..
It likes the oil eh?
I like your style Morpheus. Very down to earth. Cheers and since no one ever gave you any stars...
I only made a couple flips with my practice account today, RDN 3.92 out 90% at 4.15 but held a little over night. And a couple flips with MER and WM. On the sidelines with the cash for now.
Posted by R1 Man on :
quote:Originally posted by tmanfromtexas: R1, how are you gonna play LEH? The stock should go to pennies. I think to short AIG and maybe WFC would be a pretty good bet. TMAN...
Well, I decided to short AIG this morning but have no funds available to do it. Its down another $1.31. Ohhh well.....what can you do.
UAUA is at $13 now Morpeus....I kind of felt you should of bought that one.
Well, I'm sitting on PMI so have my fingers crossed.
LEH is up 35% in premarket.
Posted by Morpheus on :
boo, thanx, youre too kind.. looks like its another great day to make some mola lots of movement in the market for sure..time to get the clicking finger working
Posted by Morpheus on :
holy, schnike, both my limits hit and im in the game..WM actually bounced off 1.50 and now its going up up up (wishful thinking)
Posted by Morpheus on :
now we need just a "little bit of news" and a "hint of spin" and what ever else goobletygook the man (ap release and TV)can come up with and we should be off to the races..
Posted by R1 Man on :
quote:Originally posted by Morpheus: i put in limit buy good till cancled on X * 91.10 and WM 1.65..see what happens tommorrow am..
I would drop WM for your $0.25 gain immediately.
Posted by Morpheus on :
AIG hit 1.25 for a minute or two and now it hoovering around 2.75..WOW its bouncing like a gold ball on a cart path..any ballsy players on this board pick it up???
Posted by Morpheus on :
golf ball (i got a bad case of fat fingers)
Posted by Morpheus on :
R1..im looking to bail on this one above 2 bucks..just giving it some wiggle room for now
Posted by Morpheus on :
i got a bad case of the "hogs"...WM is moving up..aroud 2.12 now.. so some news is about to break..IMHO
Posted by Morpheus on :
fed decision on rates in a few hours..anybody hear anything new??
Posted by Morpheus on :
i need to take a profit..a bird in the hand sort of thing..sold my 2500 shares * 2.47.....eeee haww
Posted by Morpheus on :
it will probebly go up from here still..i still hold 2k of WM more..but now im in the plus on this P.O.S. break even * 2 bucks..if it goes down to 2 bucks ..im back in for another 2500 shares
Posted by Morpheus on :
R1..F is up nice today 15% with a high of 5.15 ..more normal movement on this one..not like russian roulette WM..
Posted by Morpheus on :
that was a very good "amature hour" for me..now to look for some more!!
Posted by R1 Man on :
quote:Originally posted by Morpheus: R1..F is up nice today 15% with a high of 5.15 ..more normal movement on this one..not like russian roulette WM..
I sold it and bought PMI....should of sat it out last night and played today. So sitting back again. I have a lot to make up.
Posted by Morpheus on :
Well, I decided to short AIG this morning but have no funds available to do it. Its down another $1.31. Ohhh well.....what can you do.
R1..good thing for "lack of funds" cause thway this is moving you would have been broke.Do you BELIEVE what is going ou with this one..above 4 bucks now..what a mover
Posted by Morpheus on :
hey...i been paying alot of attention on WM but take a look at X ...96+....yeeepiee
Posted by Morpheus on :
R1..im looking at DRYS..could be a play for you too..
Posted by R1 Man on :
INTC is getting really cheap. $19 something.
Posted by R1 Man on :
quote:Originally posted by Morpheus: R1..im looking at DRYS..could be a play for you too..
Great find!! Need to add this one to the list.
Posted by Morpheus on :
drys is on that i have made some good mola on in the last 10 months..cramer was all over it about january and its been a good mover..solid tankership company with lots of play..
Posted by Morpheus on :
i just might roll the dice on AIG for a quick pop..the way its moving..2 bucks up to 3.40 in an hour back down to 2.70 and then hopps to 4.50 an within the next hour..now its bounced off of 2.15...the next down cycle im taking the plunge..
Posted by delgotit99 on :
Yeah AIG is all over the place. The longs think the feds will bail them out. The shorts think they will file chapter 11. I favor the latter.
I am long SRS * 88.75
Posted by Morpheus on :
99....waaassss up...good to hear from you..always welcome your input..i love SRS and SKF made some good mola on them in the past..when the s**t hits the fan..they are good for some play..
Posted by delgotit99 on :
Yeah I always sell to early, but SKF moves with the momentum of a freight train, so I have no regrets. I was able to grab SKF at $96 a week ago, but pulled the sell trigger way to early. Of course I didn't see the complete financial meltdown happening. I also am holding TSYS bought at 8.25, but it is an ultra long play for me. Bought some LEH, yes I said LEH with some house money at .20 I am mostly cash right now and just sitting back and enjoying the ride.
Posted by delgotit99 on :
UPDATE: AIG's vol is almost at 3/4 of a billion shares!!
Posted by BooDog on :
quote:Originally posted by Morpheus: AIG hit 1.25 for a minute or two and now it hoovering around 2.75..WOW its bouncing like a gold ball on a cart path..any ballsy players on this board pick it up???
In at $2 and out at 2.68 on my prctice acct. :-) Keeping on the sidelines for now with the cash.
Posted by delgotit99 on :
Yes sidelines very good. Fed announcement coming at 2:15 EDT
Posted by Morpheus on :
99..the ibankcoin site is good stuff lots of different opinions..can keep a guy busy for weeks just trying to keep up..but good non the less.thanx
Posted by rajthebam on :
how r u guys doing? i gotta be honest...the market is scary to say the least....i got about 1200 bucks to play with so about 250 bucks for one purchase max considering the 20% of total portfolio in one equity - any good buys right now? or just wait till fed meeting results at 2.15
Posted by Morpheus on :
ha ha ha ha...raj raj raj..you so funny!!
Posted by Morpheus on :
glad to see your hanging in there dude..good buys? man o man there all over the place..
Posted by Morpheus on :
raj..i hate to be the bearer of bad news..but lets do the math..a good short term move is 10%..so 250 bucks will gross 25 bucks..$14 dollar buy and sell and you clear about 11 bucks really dude...you should put up about 30% of your bankroll..400-500 bucks a pop..and build from there..makeing the quick mola with that size funds is really tuff ..but dooable
Posted by rajthebam on :
Morph you are right...i may have to build enough stomach for 400-500....you guys must be having a good laugh actually reading my posts....but i can't play market with much right now...still paying off my college/car loans and wife still in college....plus kids diapers...oh it just keeps adding up...
Posted by Morpheus on :
put in a limit order for 400 shares of SIX * .86 and wait..if it picks it up it should be a good pop..another mover down sharl[ly today is BBI..pick it up with a limit order 1.94.. they could rebound nicely
Posted by Morpheus on :
im still long WM X and EXM..
Posted by Morpheus on :
raj..i hear ya..been there too..a good laugh..naaaaaaaw...(not really) you are in the game and the name of the game is "capital preservation" do not be in a hurry to loose your mola ya know..99 just turned the board onto ibankcoin.com and "the fly" has some really good insight worth reading into..but be cautious and stick with quality. none of the "soon to be bankrupt" plays
Posted by Morpheus on :
another good a hold play is NOV..buy 8 share of this and hang on..looks to be close to the bottom
Posted by Morpheus on :
a matter of fact..all the oil sector is way down cause of the drop in oil..so is it a bottom?? hmmmm
Posted by R1 Man on :
NOV....$50.59.....is a good one. Should be able to hit $60 pretty easy I think. Possible to walk away at $70. Have more time, I think you could pinch another $5.00 out of it and bail at $75. Great find Morpheus. So make 18.6% at $60....make 38.4% at $70 or take 48.3% at $75.
I think I am going to short AIG after all. Screw it.
Posted by Morpheus on :
just added another 200 shares to my EXM position..come on fed!!! God i LOVE LOVE LOVE cyber vegas
Posted by Morpheus on :
ok fellas..just a few more minutes....let the fireworks begin!! Posted by Morpheus on :
oh man..NO CHANGE..look at my screen light up like a pin ball machine..WOW WEE
Posted by BooDog on :
BREAKING NEWS: Federal Reserve makes no change in key interest rate
Posted by R1 Man on :
Shorted AIG at $2.99 and covered at $2.75.
Posted by BooDog on :
quote:Originally posted by Morpheus: oh man..NO CHANGE..look at my screen light up like a pin ball machine..WOW WEE
Yeah, all red
Posted by R1 Man on :
So, should I do it again....hmmmmm.....have to think about it.
Posted by Morpheus on :
R1...hop you short * 3.50 and out at 2.60 or something..you ballsy player you
Posted by Morpheus on :
oh ..i just read your play...congrates dude
Posted by rajthebam on :
greenberg's CV Starr may buy AIG....i can't believe i am reading this...
Posted by R1 Man on :
Buying more right now $2.70....selling at $2.85....oops....missed it.....hmmmmm.....short back down....I have 2 more trades available. Posted by R1 Man on :
Morpheus....I am tempted to short UAUA.....but thinking too ballys for me
Screw it, shorting F instead....hmmmm......Not sure what I want to do now.
Posted by R1 Man on :
OMG....SOOOO HAPPY I didn't short AIG again. DAMN!!!!!!! Just hit $3.45.
Posted by BooDog on :
Now green! WTG R1
Posted by R1 Man on :
quote:Originally posted by rajthebam: greenberg's CV Starr may buy AIG....i can't believe i am reading this...
Post the article for me.
Posted by R1 Man on :
quote:Originally posted by R1 Man:
quote:Originally posted by rajthebam: greenberg's CV Starr may buy AIG....i can't believe i am reading this...
Post the article for me.
AIG scares me now....just hit $3.90....now down at $3.20 again.....now at $3.40....WTH???
Posted by R1 Man on :
Ok.....shorting it again. X-ing fingers. Selling at $3.90+
Posted by R1 Man on :
Sold at $3.99....covering at $3.60.....damn....should of waited longer. $4.20.... Posted by Morpheus on :
X is headed to par
Posted by R1 Man on :
Damn EX CEO trying to make a BID on AIG....DAMN!!
Posted by Morpheus on :
this is like taking candy from a baby...my clicking finger is getting osre and my eye are crossed.. Posted by R1 Man on :
ok....it hits $5.00....now down at $4.00....but now at $4.33....can't type fast enough. Wonder where it will go. Going to work late for sure.
Posted by Morpheus on :
my limit order of sell 200 shares * 100 just hit..hot diggity dog!!
Posted by rajthebam on :
Should of left my cover at $3.60. Ohhh well....still made some money. Now what to do???
Short F at $5.10 and cover at $4.90?
Posted by Morpheus on :
im think that tommorrow is gonna be a strong up day..not good for shorts..unless you like to loose them....your shorts that is.. he he
Posted by R1 Man on :
Hmmmm.......moving back up....might roll the dice 1 more time. Back at $3.90. Have to think hard about it this time. Considering it just hit $5.00 then came down to $3.60 then back to $3.90. who knows....but I want my money back like NOW!!!
Posted by Morpheus on :
im laughing harder then when i read a raj post..you way funnier Posted by Morpheus on :
raj..did ya jump in on NOV?? its moving up
Posted by R1 Man on :
quote:Originally posted by Morpheus: im laughing harder then when i read a raj post..you way funnier
I see....Still playing hookie and haven't jumped yet. I want to!!! Trying to be patience. Its moving so much that I can't keep track of the current price. TDAmeritrade says one price and the TV says a WAY WAY different price. I think my mouse is going to file a complaint on me for over usage.
Ok....short it 1 more time or buy it??? You make the call Morpheus.
Posted by Morpheus on :
4 more minutes..place your bets gents
Posted by Morpheus on :
ah dude...dont do that to me..
Posted by Morpheus on :
i just played a limit bounce play for tommorow ...200 uhal * 42.75
Posted by R1 Man on :
I tried to short it at $4.00 and IE closed. LOL. Maybe that was my sign?
Posted by rajthebam on :
no i did not jump on the NOV - only buying 9 or 10 stocks - how does that make sense?
Posted by R1 Man on :
quote:Originally posted by rajthebam: no i did not jump on the NOV - only buying 9 or 10 stocks - how does that make sense?
Did you read my post after he posted that. I would jump in neck deep if I was you.
Posted by Morpheus on :
ah darn..i did not push good till cancled..oh well..probebly wouldnt hit anyhow
Posted by Morpheus on :
raj..do the math...10 stocks x 50 bucks=500 moves up to 60..10 stocks x 60 bucks = 600 that is a $86 dollar profit. its the precentage of the gain..not the price..by as many shares you can with your bas pool of money..if its 5 bucks you get 100 shares..if its 50 bucks..you get 10..if its 100 bucks you get 5 shares you could have had X this mornins * 92 bucks..6 shares you would have cleared over 60 bucks..so whatever and with your amount of priciple..thats pretty darn good
Posted by rajthebam on :
shoot missed your post R1....
morph...thanks i should have acted quicker...i see the reasoning but i was late in responding...my apologies...its already at 54 now...oh well i gotta wait for next one
Posted by rajthebam on :
wait a minute...after hours its down to 47.... still a good buy? can i trade after hours?
Posted by Morpheus on :
true..hang in there..do not be in a hurry to loose your mola..you are wise and make your own choices..R1 and I were too busy playing more risky stuff and as it turned out ...IT WAS A GREAT DAY...eeehhhaawww
Posted by Morpheus on :
no..no trading after hours is allowed for you ..
Posted by R1 Man on :
Your X....I think its going back to $110 soon.
I decided I will save my last intraday trade for the Chapter 11 or bailout....which ever it is. Off to get ready for work.
Enjoy your afternoon.
PS....thought about shorting FNM....$0.50 and each day it has dropped $0.10 so thinking it will close around $0.40 Wednesday.
Posted by R1 Man on :
JCI....$31.96. I think this will hit $35 very very soon. A gain of 9.5%.
Posted by R1 Man on :
AIG....Bid $1.94....Ask $1.94.....should of shorted it 1 last time at $4.00. RATS!!!
Posted by R1 Man on :
Now back at $2.50....I think they are gonna get some bailout money.
Posted by R1 Man on :
I shorted AIG again at $2.30. Covering at $2.10. Might just skip work. Right after I sold it went to $2.45. I bet I cover for 1 last time. Back in the $2.20s....looking good.
Posted by R1 Man on :
Covered again. HOT DOG!!!!!
Now need something to buy and hold to sell Wednesday. Hmmm.....
Posted by delgotit99 on :
Damn xmas came early. I can't believe the feds bailed out AIG. I was wrong on that and on SRS which I am still holding and down $175. Oh well that's why they play the games.
Posted by R1 Man on :
CEG...$30.76....Just fell from the $58 trees. I think it should be good for a bounce. Lets say $36 should be safe.
Posted by R1 Man on :
WB....Thinking about playing this one for a overnight hold. $11.51 close....bid $10.21....so I will dump at $13-14.
Posted by R1 Man on :
I'm in WB now at $10.218. Should be good for $3-4 a share.
Well, off to get dogs groomed and take my son to lunch. Good Luck all.
Posted by rajthebam on :
aiight guys...i need to take my 1200 to more like 1800-2000 level - quickly if possible...any plays you guys are seeing?
Posted by rajthebam on :
how about playing SIX .89 x 400 = 356 + 7 for commission
quick flip would be good looking at % gain...waht do u think? quickly before it goes up
Posted by Morpheus on :
raj...i need to take my $80,000 to more like $120,000-$135,000 level- quickly if possible...any plays you are seeing?
Posted by rajthebam on :
morp u funny man....80k...wow man....i want you to be my mentor man....80K to play with.....you relaly gotta know what ur doing....thats some serious mola...
Posted by Morpheus on :
raj..why dont we just meet in vegas and you play some blackjack..and i will stand next to you and nudge you every time just before a "21" is gonna hit..
Posted by Morpheus on :
the name of the game is ultimatly its you that makes your own decisions..cause when you win..you take the credit..and if and when you loose..you take the credit..blame nobody but yourself..you can watch what we are into and hopefully ..thgether..this board can make some mola..but to tell ya..six * .89 was a good buy.. you should have jumped all over it..its your smarts that will help you "pull the trigger"
Posted by Morpheus on :
with 80k i really never have more than 20-25k in play..saveing for when the "big drop" hits..2-3 time a year..then im all in..1 or two times a year, and im good for 35-50k profit..that pays my bills..the day to day stuff is what you might say..just tuning my skills
Posted by Morpheus on :
right now im long EXM and DRYS..missed out on the ESLR..yesterday i was this close to pulling the trigger..but could be a good play today on a pullback ..if it happens
Posted by Morpheus on :
RAJ..oh wait a minute..i just got back from my magic crystal ball room and it gave me 2 picks..it told me..."buy BBI....buy BBI below 2 bucks..buy SIX ...buy SIX below .90..buy X...buy X below 90 bucks....wow ..that good ol crystal ball..I dont know what Id do without it!!
Posted by Morpheus on :
Raj Raj..oh wait a minute..a little birdie just landed on my sholder..and is whispering into my ear..brb
Posted by Morpheus on :
he told me...buy MSFT...bet the farm on MSFT below 25 bucks..and until that hits..play SKF and SRS causiously...thank you little birdie!!
Posted by rajthebam on :
:-)
i just put in limit order SIX 0.89 x 400 lets see what happens
Posted by Morpheus on :
sounds good to me..ill do the same so you wont be alone..makeing all that mola Posted by Morpheus on :
Raj Raj..i just got back from my kitchen and made some tea..and low and behold..do ya know what the tea leaves spelled out??
Posted by Morpheus on :
they were really hard to make out..but it looked like...buy SMG around 27 and dont miss out on ESLR below 4.80....geese..sounds good to me..tea leaves are wise more then they get credit for!!
Posted by rajthebam on :
are these serious picks? morph..you are starting to scare me...don't do that to somebody who's looking up to u
Posted by Morpheus on :
Raj! Raj!...i put my pet lucky turtle onto the Investors Daily stock section..looks like hes really needing pinch a loaf..
Posted by Morpheus on :
Raj ...they are all my time tested and very acurate sources..im letting you in on all my secrets...oh there goes "winner" (the name of my turtle)..he dropped a dukie right onto...wait wait..its a little smudggy..
Posted by Morpheus on :
its UHAL..long at 40.50
Posted by Morpheus on :
Raj..sorry bud..im just trying to press a point..you get your ideas and form decisions from many different sources..make you own choice and pull the trigger..oh by the way...X is at 88.10...im getting ready to pull the trigger..and yes those are all serious picks
Posted by Morpheus on :
dow down 350 and still dropping ...just in holding pattern for now..
Posted by Morpheus on :
looks like a little head fake..in the dow...im thinking its just gonna have another big down move real soon and then its time
Posted by Morpheus on :
i just put in limit order for ESLR * 4.65
Posted by Morpheus on :
im putting GG back onto my radar..lots of play yesterday and today
Posted by Morpheus on :
msft is getting close too..
Posted by Morpheus on :
looks like everybody has a bad case of rigimortise again today..this board is looking like Morpheus..the one man show
Posted by Morpheus on :
but i like R1..and Raj.. so im stickin around
Posted by rajthebam on :
stick around man...i gotta lot to learn fm u guys...espcially R1 and Morp....
Posted by Morpheus on :
oh yeah..just like i said...a head fake..the dow was down 350..short term rally to 280 and now bakc down 375 and going lower
Posted by Morpheus on :
hey look ..i actually made a trade...covered my short UAUA 250 shares * 12.11
Posted by Morpheus on :
boy o boy...whouldnt ya know..its like they have my number..not more than 1 minute after i got out of the trade..it dropped another .75..geeese
Posted by rajthebam on :
how's BBI - i'd like to get in at 1.90 if i can -
morph your gut feeling?
Posted by Morpheus on :
gut feeling...its looking like were in for some ruff times for anything long...so be cautious and by the dips in small lots..but enough to cover your buy and sell cost..1.90 is a good dip..thought you were waiting for SIX
Posted by Morpheus on :
i need to step into my crystal ball room and consult the all telling magical sphere
Posted by rajthebam on :
still waiting for SIX....
Posted by R1 Man on :
quote:Originally posted by Morpheus: Raj! Raj!...i put my pet lucky turtle onto the Investors Daily stock section..looks like hes really needing pinch a loaf..
Well, my turtle said buy F at $4.73
Posted by rajthebam on :
F is already 4.79
Posted by R1 Man on :
I asked these guys and they said buy GOLD.
Then we had a meeting and they all suggested buying these stocks.
AAI at $2.49 SCA at $1.90 PMI at $2.05 LVLT at $2.94 MO at $20.14.
Posted by Morpheus on :
this last week really brings back memories of 1987..the preceeding days to black monday..when the dow was at 2800..it would go down 150 (which was considered really big move at the time) and then up 50 then down 170 (wooooo) and then up 45..did this for a bout 1.5 weeks..then panic struck..then came friday and it was down about 200..everybody was saying ..thats it its over...bottomed , cant get any lower..everybody was bottom fishing..weekend news and as it turned out it was nothing but a "lamb to the slaughter" ploy..black monday hit down 560 points that is equal to down 2500 yes twenty five hundred point drop in todays market..so newbies...beware..little bit of mola at a time is the best strategy
Posted by Morpheus on :
oh i see...you have lucky turtles too!! right on Posted by R1 Man on :
WB was just at $9.07....now back to $9.63. Crazy how fast things move. Still holding for $13-14. Posted by R1 Man on :
quote:Originally posted by Morpheus: oh i see...you have lucky turtles too!! right on
I got 10 of them and a GOLDfish.
So, did anyone ever buy ACE when I posted it months ago at $45 something. That is a company that PAYS DIVYS. Its at $57 now. I didn't buy. Maybe I should of.
I think BAC is a good buy too. $28.25
Posted by R1 Man on :
WOW....just say S SPRINT/Nextel. That company got beat down in a dark alley. I would still stay away from it but it was at $10.00 range a few weeks ago. So could be an opportunity. However, the I-phone has really taken some customers from them. I am staying away but you could flip it I'm sure.
Posted by R1 Man on :
Ok, going to work today. Good luck all.
Ohhh yeah....I was right on FNM going to the $0.40s. Yep....dropped another dime. That is 4 days in a row...a dime each. Hmmmm.....I think its going to $0.25 very very soon.
Posted by Morpheus on :
nice bounce in wm today..i just watched it all happen..
Posted by Morpheus on :
CEG..what up with that ..up to 38 down to 16...looks really inviting..right now 21.60..maybe near the close
Posted by Morpheus on :
I set up a few crazy orders for tommorrows amature hour..WM * 1.55 and MSFT * 23.50
Posted by rajthebam on :
any % plays do you see?
can i put in order at lets say 6pm today wed. for the thursday execution anytime within 4pm?
Posted by rajthebam on :
any % plays do you see?
can i put in order at lets say 6pm today wed. for the thursday execution anytime within 4pm?
Posted by Morpheus on :
yep..you put a limit order ..good till cancled
Posted by Morpheus on :
ahh the pressure got to me...geese im sweeting big time here..its overwelming
Posted by Morpheus on :
i bagged some MSFT 300 shares 24.55 with a limit order for 300 more at 23.50 if it poens lower in the am
Posted by Morpheus on :
darn ..i put a limit buy at 4.68 on ESLR when it was high this am..missed it by 2 pennys..well yo win some and you loose some..
Posted by Morpheus on :
R1...dont you think that you turtles would enjoy a rock to rest on ?? that tank looks really bare to me..
Posted by R1 Man on :
DAMN....I know....I cracked the last tank. I want to make a pond outside and put them all in it. I did grab some great rocks for the tank but slacking. I know.
So how many points will we lose today??? I hope ZERO....but likely will be 350-400 because they are talking about the FED not having enough credit crap. Saying they swallowed the elephant with 1 bite.
Well, off to play some games.
Posted by R1 Man on :
Just looked at several stock bids. Market looks like it will gain some ground today. Putting in my sell now. See what happens.
Posted by rajthebam on :
my SIX did not go thru yesterday
Posted by Morpheus on :
raj..thats a bummer..
Posted by rajthebam on :
m getting positive vibes today...i think the market will be somewhat up today...about 80 points or so
Posted by Morpheus on :
pres bush is going to talk about financials in 30 minutes..so get ready!!
Posted by rajthebam on :
my SIX went thru this morning at .89 x 400 but commission charged by scottrade was higher...since its less than $1 stock i guess.
what price i should flip at? i can put limit sell order right now actually...ideas?
Posted by Morpheus on :
raj...ahhhhhh...just hold it till it hits 3 bucks
Posted by rajthebam on :
morp...r u serious? does it even look like it will move to 3?
Posted by rajthebam on :
anyone looking at CYNO?
Posted by Morpheus on :
im short SKF * 139.50
Posted by Morpheus on :
yeah..but if it does..you make good coin
Posted by Morpheus on :
that sucks...skf took of up not a minute after i hit click..now im doubled up on my bet ..short * 145.10
Posted by Morpheus on :
AIG is at its low of the day..2.18..anybody? anybody?
Posted by Morpheus on :
pull the trigger AIG 2K shares * 2.18
Posted by Morpheus on :
if it goes down ..im buying more
Posted by Morpheus on :
looks like the tide has changed for now GS just bounced off 86 and now at 96
Posted by Morpheus on :
that was one hell of a rollar coaster ride just covered my short 133.85..i actually pulled down about 400 bucks
Posted by Morpheus on :
its still dropping like a rock..what ever..a bird in the hand..blah blah blah
Posted by Morpheus on :
fella..AIG is at 2.25 and climbing..i guess im the only one here today..you guys are all missing out on some good stuff
Posted by R1 Man on :
I just woke up. Up about $1,300 this morning. Just went to change my sell to $11.99 and WB dropped like a rock in water. I was going to sell then jump back in for another run up.
Rah.....this is a way so you get further ahead of the game. Buy low, sell high....and if you know it will go higher...sell on the high side of the day because stocks almost always retrace during the day a little bit so take advantage of thoses. Just don't blow a intraday trade to do it though.
Posted by Morpheus on :
ive been busy on the SKF and GS stuff..just noticed that..WM is hot today..up 25%...eeeehaaaww
Posted by R1 Man on :
Ok, sold WB now at $11.99....now wait for the dip and jump back in. Posted by R1 Man on :
WM is a hot one today. I know they are trying to get bought out.
So...re-entry on WB....what price do you think I can squeeze back into? Haven't looked at the charts yet....but thinking I can dip back in lower then $11.30.
Posted by Morpheus on :
R1..thought you were busy working for the man today..and missing out on all this good action
Posted by R1 Man on :
SIRI....$0.96....how about that.....moved back from the grave of $0.70s.
Posted by Morpheus on :
wb looks like a short from here..12.15 then cover around 10.25
Posted by R1 Man on :
quote:Originally posted by Morpheus: R1..thought you were busy working for the man today..and missing out on all this good action
Nope, Just slept in I don't have any intraday trades available either. So have to be creative in how I buy and sell.
Just saw the new price on WB....$12.49....oops....ohhh well.
Posted by Morpheus on :
im playing skf today...big swings i just bailed and took profit on 100 shares about 8 points ago...bummer..
Posted by Morpheus on :
f..in GS just had a GREAT bounce could be comming up on a short..and if you have no shorts left..SKF does about axactly inverse of GS so go long on SKF
Posted by R1 Man on :
quote:Originally posted by Morpheus: wb looks like a short from here..12.15 then cover around 10.25
I wouldn't try that. It will likely go up to $16-17 and then you can risk shorting it. Its up $1.00 from when I sold it. Missed out on another $700 bucks. Posted by R1 Man on :
quote:Originally posted by Morpheus: f..in GS just had a GREAT bounce could be comming up on a short..and if you have no shorts left..SKF does about axactly inverse of GS so go long on SKF
So what price are you thinking? Its at $127+
Posted by R1 Man on :
Ok, I put in for 100 shares of SKF at $127.35.
Guess I missed it by seconds...at $129 now.
Posted by rajthebam on :
quote:Originally posted by R1 Man: I just woke up. Up about $1,300 this morning. Just went to change my sell to $11.99 and WB dropped like a rock in water. I was going to sell then jump back in for another run up.
Rah.....this is a way so you get further ahead of the game. Buy low, sell high....and if you know it will go higher...sell on the high side of the day because stocks almost always retrace during the day a little bit so take advantage of thoses. Just don't blow a intraday trade to do it though.
what did you mean stock always retrace during the day a little bit so take advantage of those....pl explain. thx.
Posted by R1 Man on :
Lets say this,
I have 1,000 shares of WB. I bought at $10.00. The price is $12.00. I sell. So I spent $10,000 to buy and now have $12,000. I then sit back and look for a re-entry point lower then $12.00. But it has to be signaficant cost savings. So right now I made $2,000 profit. If I re-entry at $11.50....I drop the $12,000 on it and end up with 1,043 shares. I saved $500 and now when it goes to $12.00. I will be up $500 plus the shares I bought in addition. So 1,043 x $12.00 = $12,516.
Understand now??
Damn did I ever miss the boat on SKF. $132 now.
WB coming down so might get back in that one.
Posted by R1 Man on :
SIX....$0.87. I think your rolling two dice trying not to get snake eyes and a 1 is showing already. I'm not hot on this one. The season is almost over for most parks so lower income coming in. I think it will move down more. Now if you hold it for a year, then sure its a good buy. But I would stay away.
Posted by rajthebam on :
i got that...but in reality, you are buying at 10 and selling at 12...then when it dips to 11.50 you are buying again with same amount plus the profits fm original deal and selling again at same high point of 12....so essentially making that 500 extra....the dip fm 12 to 11.50 as savings is hard to understand...i actually do not see that as profit really...does that make sense?
Posted by rajthebam on :
ohh man....i bought SIX this morning at .89 anyway..i would have preffered to have been in and out soon but oh well i got no choice now...no point selling at loss....
Posted by R1 Man on :
I might jump in BAC at $28.50...ride back to $30 and run.
Posted by Morpheus on :
im feeling bearish ..no wait bullish...ooops make that bearish..oh wait hold on... Posted by Morpheus on :
were in trader heaven
Posted by Morpheus on :
looks like the afternoon amature hour is shapeing up and gonna be a doooosie!!
Posted by Morpheus on :
cant wait to hear what news blah blah blah the CNBC puppets are gonna "breaking news" next..
Posted by Morpheus on :
The Flag is up ...and there OFF!!!
Posted by R1 Man on :
WB just hit $14. In at SKF at $127.35.
Well, off to work. Good luck all.
Posted by rajthebam on :
looks like everything i touch is going down...
Posted by Morpheus on :
just give it anothe 15-20 minutes then the puppets are gonna say..oh it all false..we made a boo boo..
Posted by Morpheus on :
raj...you should be tradeing like a mad man..3 or 4 stocks at once..wake up man!!
Posted by Morpheus on :
just got inot skf * 117.50
Posted by rajthebam on :
trading like mad man..what do u mean man...the only one i traded SIX is down and having second thoughts about the move....migth be in this for long haul now it looks like...
Posted by Morpheus on :
dude you only have ONE STOCK..go read a book..you have other funds for available for the "good buys" right?? i was all over AIG earlier and you just froze and got rigimortis..RIGHT..this game is not for you..
Posted by Morpheus on :
i was yelling very load MSFT...WM...AIG..BBI do your self a big favor ahd go to the hardware stor and buy a hammer..when you get back home ..stare in the mirror a long time and start bashing in your head till you GET IT
Posted by Morpheus on :
RAJ..ok one last good pick...SKF * 110...buy 3 shares..got it
Posted by Morpheus on :
oh i forgot...bail on your SIX while it is up (which is now)if you dont like it..
Posted by Morpheus on :
just like i predicted...the cnbc puppets spoke and all s**t hit the fan..CRAZYNESS prevails
Posted by rajthebam on :
just put the limit order for skf 3 shares...for 337 bucks - not likely but what the heck
SIX....at 0.90 what to do? what to do?
Posted by rajthebam on :
at 0.90 i lose about 12 bucks after commissions....worth it?
Posted by BooDog on :
quote:Originally posted by Morpheus: just like i predicted...the cnbc puppets spoke and all s**t hit the fan..CRAZYNESS prevails
"But a person with knowledge of the talks told The Associated Press that the idea, patterned after the Resolution Trust Corp. set up in the aftermath of the savings and loan crisis of the 1980s, was just one idea on the table." http://biz.yahoo.com/ap/080918/financial_meltdown.html
Talk about crazy.
my watch list went totally green before I even knew what was going on. Freekin nuts.
Posted by Morpheus on :
CRAZY..oh yeah..for sure..I was thinkin its a clasic head fake..and after 10-15 minutes of hype they would come out and state sometning to the contrary..just like the othere day when I was short UAUA and BS came out making the stock drop like a rock..when i was not paying attention..only this time I could not believe my eyes and sold into strenght...sellin all of my shares of WM * 3 bucks..but it just kept climbing..missed out on another grand..in 10 minutes..i was fricken pisssssed to say the least..but then I always just take a deep breth and tell mnyself.."nobody ever got busted selling too early" and "bird in the hand BS" i guess that makes me feel better..yeah right..I been doing that sort of mistimeint ALL WEEK LONG..I guess that is the fine tuning process one must strive to develop..but all in all ...IT WAS A GREAT DAY..I love love love CYBER VEGAS
Posted by Morpheus on :
hey RAJ....here ya go...enjoy..remember..information is good..ignorance will cost you..your welcome..your friend Morpheus
Raj..if you have a premarket limit order..you might want to consider a cancel..after the crazy stuff today and weird news and all..
Posted by R1 Man on :
So, we did a boo boo with SKF. Its bid/ask is $109.02/$109.20. So, how will the market do Friday?
I think its going up again. All the stocks on my list have higher bid over the closing price.
Glad you didn't short WB now Morpheus? Bid is $15.26. Wish I didn't sell it I do know that. Wow.....would of been a 49.3% gain.
Raj,
Sell your SIX before you loose your money. I would sit it out right now with all stocks. Market moved up big time today. I would be scared to buy anything unless you do a intraday trade.
Posted by R1 Man on :
VG....closed at $1.46.
FRE and FNM is up today. Bids higher then close too. Hmmmm....????
Posted by Morpheus on :
yeah..skf...ugly..what a bummer.. but im still long drys and exm and msft are my big stakes..so covered up and down..just which one is gonna beat out..im bailindog on skf early
Posted by R1 Man on :
Ok Raj....Morpheus and I are similiar and different. When I had over $43,000 in my 401k. I invested like Morpheus. Same when I had over $20,000 in this account. Now I jump in for a dime or quarter and leave. I found that holding certain stocks over night in this market has really kicked my ass and also made me a ton of money. I work 2nd shift so I can't control my account after 3pm. So if the **** hits the fan I can't sell quick. Now with the money you have...I would invest it differently then what Morpheus is telling you. I would DROP it all in and come out with a $100-200 here and there. That is the name of the game. A stock can and will usually move 2-5% in a day. Make that each trade and you will have a ton of money one day. Sit there and put less then $3,000 in a stock and you have a challange!! If you play with more expensive stocks like MSFT you have way less risk then the stocks like PMI, WM, etc. However the lower stocks can be more rewarding in short term. My advice is quit pinching stocks and drop it all on them when you find your prize. Do a few intraday trades a week. Drop it all on a stock say F at $4.60....sell at $4.80. You have $2,000....you get 434 shares. You gain $0.20 a share. You just made $86 bucks minus your trade costs. There is nothing wrong with that at all. On another note, don't invest in a stock where you take a loss or you can't write that loss off on your taxes. I have a few that I shouldn't touch but at times I do anyways. I have never lost money on F. I think you need more practice because my man...you reading our posts and acting on what we say. How do you really know that we know what we are doing. Sure Morpheus can have more money in his account then I do but I could drop $65,000 in mine and have the same. Doesn't mean either one of us is a better trader or gives better picks. My trend is here for others and myself to place picks and work as a TEAM to make money. I look at it as an Investment Firm where everyone contributes their skills to make the Firm better. I can sit here and scratch my head with some stock trades or picks I have given but my track record is amazing. I think Morpheus is a creditable guy as well. I have been very lucky to have the people on my trend that really help out. Sometimes we make bad calls but in the end, we all make money.
I set up a account on www.marketwatch.com years ago where I gave all the people on this site the username and password. I would be interested in doing it again if people are interested. I don't use that site anymore but still know the passwords and user names. On that site we all had a Portfolio with our names on each and several other portfolios titles Seasonal Swings, Stocks to watch, Stocks to keep an eye on. It would be a great Idea to do it again if anybody wants to. Currently I watch TV and write down stocks of interests and do a quick price, volume, chart peak and see what I think and go from there. All the stocks I have listed on my paper right now are:
KMB CLB MAS WYE MER JBLU HOV IDEV HSOA CORT CEGE STEC FED CHRS VC DENN KOG RDN T LVLT IPG BPOP CAR BBI BCON WAVE WEL EBHI VG TRE EDAC MRVC NCOC MRO HTE RHT UEIC F REIS TWB NVDA HL CDE M PMI CHTR AAI SCA ZLC FACE COMV ALU DPO CVP PTA WM BXS BXF RF FNM FRE CSCO CCOI GM COGT TLAB UNTD XT
That list is made up of 3 months of just watching TV, Screeners, Etc. Pretty damn long I think. I used to keep my lists and check them out from time to time but lately I watch TV, pick a stock. Check it out and go from there. Funny huh???
So, good plays right now that I have ignored that I know pay out VERY VERY GOOD. One Seasonal play is OPGSX. Its a GOLD fund. I haven't played this one for years but always made 20-30% on it. Its a buy around now and sell at X-Mas fund. Current price is $25. I used to ride it from $13-18...sometimes $22. I have made some killings on it but time is what builds an account. I know I get greedy and want it all now but in a very conservative way.
Well, I think I have wrote enough....sorry for the ESSAY!!!
Posted by R1 Man on :
Another strategy in investing is what I call Equity Trading. It works this way.
Lets say you bought stock X with $1,000 and it was priced at $1.00. You have 1,000 shares. Price moves up to $1.10. Your value is $1,100. Its time to sell now and you sell only what you paid and keep the rest as EQUITY. This strategy will build your portfolio up and allow you to always meet the margin requirements for account value. So if you did that strategy you would of sold 909 shares keeping 91 as equity. Down the road that 91 shares at $1.10 could become a $3.00 stock and pay you another $270 bucks. Think about it. I guess when I go to work and get my check. Ok, its $900 usually a week. If I spend the entire $900 on bills and BS, what do I have to fall back on when the basement floods or whatever disaster happens. Nothing. So if I spend $800 a week and keep $100 then I have equity to fall back on. Same concept.
I think I will have to read all this a few times when I get out of the pit so I don't fall back in....lol.
Posted by Morpheus on :
R1..I concure..except to me a more expensive stock is one that 1. goes against you 2. does not move at all .. these are the 2 criteria to deem a trade "expensive" yes I know MSFT is a turtle..but it allows me to "park" some mola there and not have to franticlly watch it..while i can concentrate on other volitile movers like WM and AIG knowing that any movement in MSFT is gonna be slow and not to worry.. I too am into equity concentration..but always remembering to preserve my capital..so I can live to play another day so to speak. You really only need to pick one good winner at a time..that is all it takes..cause i hate when one pick goes up only to have at the same time another go down..youre flatlined..so i seem to have developed a self imposed 25-35% rule..very rarely will i have more then 4 stocks at one time with more that 75% of my total account..keeps is easy to manage too..if you have ever been caught in a hugh down day which comes out of nowhere..you would probebly do the same..but I really love the equity concept you explained..over time the steam roller effect is playing with only your "winnings"..I used to do this too, but got away from it a few years back
Posted by Morpheus on :
i gave Raj my "style" (which is for the beginning-novice investor)advice cause i hate to see any newbie get into tradeing only to have a few quick losses, loose their principle and then struggle for a long time or go away never to return
Posted by Morpheus on :
by the way..I am still skeptical on the "news" about a RTC program..why do i get this feeling that the man is gonna come out and say .."hey ,come to think of it, our plan is not going to work and "good news" suddely turns "bad news" so to speak...i have seen this before and it could be a ploy to clean out the investing schmoe of his mola..geese...im watching the puppets right now on TV and the pre-market DOW is up 340..OMG gonna be a great day for cyber vegas..Right R1 ?
Posted by Morpheus on :
one last thought on Equity trading.. come to think of it I still do this..I often take my profits (few and far between some of the time) and roll money into my kids accounts. I have 3..i will buy only 1 stock with this and let it ride..knowing its the "houses" money..i buy companies they know and can relate too so they get excited about stocks too!..right now they each have a different stock..1. DENN 2.BBI and 3. NVDA (for my kid thats into computers cause hes a gamer) but i do move funds in and out but only stuff they can relate too..stuff like RAD, SBUX, NIKE, keeps their interest that way
Posted by delgotit99 on :
Holy crap it will be one hell of a ride today. You no longer can short financials .... ouch.
I got in VMW yesterday at $27.34 and will sit tight for now. Should be pretty "easy" to make money today. Just don't get greedy.
Posted by R1 Man on :
quote:Originally posted by R1 Man: WB just hit $14. In at SKF at $127.35.
Well, off to work. Good luck all.
That really really sucks!!!!
Down 31%
Sold WB at $11.99 and bought SKF. Geez....what bad luck!! Guess I expected SKF to hit $133 today and WB to move back down.
Posted by Morpheus on :
bought some more skf * 93
Posted by R1 Man on :
quote:Originally posted by Morpheus: bought some more skf * 93
TDAmeritrade locked up on me. Keeps kicking me off now. Won't show account updates. Can get quotes though....???
I know SKF is going to rocket on October 2nd.
Posted by Morpheus on :
man o man..my scottrade accts are messed up..anybody else having trouble??
Posted by rajthebam on :
R1 and Morp...thx for posting useful info - will need to digest with my cup of joes...sometime before this weekend...
meantime...skf is tempting to get in for 4 shares at 92? any thoughts?
Posted by rajthebam on :
scottrade also giving me probs
Posted by Morpheus on :
looks like trading in skf is stopped
Posted by Morpheus on :
i even just rebooted my pc cause any trading im trying to do just blows
Posted by rajthebam on :
skf trading still open guys i put limit order for 4 shares
Posted by delgotit99 on :
Thank God I got all my stops in before this mess. I can't even log in to my cheap ass brokerage.
Posted by Morpheus on :
yeah.. it all seems good now
Posted by Morpheus on :
limit orders are not hitting..so i bailed on AIG 1000 shares * 2.90 ..
Posted by Morpheus on :
i think SKF is halted at 93 anybody have action or even a accurate qoute on this?
Posted by rajthebam on :
scottrade sucks
Posted by delgotit99 on :
9:39AM UltraShort Financials ProShares, Short Finls proshare (SEF) Rydex ETF Trust (RFN) (SKF) 93.00 -22.44 : We are seeing a number of inverse/short ETF funds being halted (SEF, RFN)
dude ..ive been trading with scottrade for years and never had an issue..they work for me..
Posted by Morpheus on :
fellas...always just remember..in trading ..its not what you did..its what you are gonna do
Posted by Morpheus on :
i believe that the "short rules" only apply to financials..so SRS is looking good to me
Posted by Morpheus on :
yep..the cnbc puppets just made it offical..skf halted
Posted by Morpheus on :
is it me..or are is the market just going sidways at this point??
Posted by R1 Man on :
quote:Originally posted by Morpheus: yep..the cnbc puppets just made it offical..skf halted
That works out for me. I might of been forced to sell for a huge loss.
My father had me change his BAC sell target to 40 this morning. When I saw it wasn't going to hit I tried to change it back to $38.50 and Charles Swabb got locked out too.
Posted by R1 Man on :
SKF is showing a bid of $0.01 and ask of $125.02
Posted by R1 Man on :
I hope they leave SKS halted until October 2.
Ok, going back to bed.
Posted by Morpheus on :
im liking the action in RDN..could be a play today..i just tried to short it * 6.91 and 2 seconds befor i finalized the order it tanked..darn..getting ready for the bounce up
Posted by Morpheus on :
just sold all my exm 22.50 and drys 52.45
mad about a grand on these total..ill take
Posted by Morpheus on :
im selling into strenght..hopefully aclose to the top for now...looks like we are headed for a interday pullback
Posted by Morpheus on :
R1 ...take a look SKF is now trading98.50
Posted by Morpheus on :
go man go...im gonna sell ?? hmmm take my loss and by back later ??
Posted by BooDog on :
quote:Originally posted by R1 Man: SKF is showing a bid of $0.01 and ask of $125.02
lmao
Posted by R1 Man on :
quote:Originally posted by Morpheus: R1 ...take a look SKF is now trading98.50
Ameritrade just sold my SKF for me...left me with 10 shares.
So Raj....ready to get our money back? I'm sitting next to you now.
Posted by Morpheus on :
the morp has trouble today..right ideas..wrong execution..when the F am i gonna learn..leaving TOOOOOO much mola on the table...blah
Posted by rajthebam on :
skf order did not go thru - they cancelled it
Posted by Morpheus on :
R1 ..lets get busy..short RDN?? thats my play
Posted by Morpheus on :
WTF...RDN is on the do not short list?? those schmucks i tried to short * 7
Posted by Morpheus on :
with all this no short rule...skf is dead in the water..this blows big time
Posted by R1 Man on :
quote:Originally posted by Morpheus: R1 ..lets get busy..short RDN?? thats my play
They suck. I wish I could short soo many stocks right now but can't. All I know is the market is going to take a big dump on October 2.
Posted by Morpheus on :
real estate can still be shorted..im setting up to jump in mid term SRS soon currently 71.60
Posted by Morpheus on :
oil is going up...so UAUA looks ripe for downage to me
Posted by Morpheus on :
its back to funementals from here..the mola i coulda woulda shoulda had..the deserves on big F**k it...
Posted by Morpheus on :
today is expiration friday....it could get real interesting till the close from here..what to do? what to do??
Posted by Morpheus on :
the wall street CROOK are in on one big get rich scheem...they load up on a stock and thing like AIG and CIT and GE and then they cue the puppets...wasss that about..give me a break!!
Posted by Morpheus on :
this is worse than horse raceing and boxing or a Pete Rose baseball game
Posted by Morpheus on :
cnbc puppet Leisman is talking about this very thing right now...
Posted by R1 Man on :
I think the GOVT did this....they bought up a bunch of shares of all these stocks and sold today after pulling the Joker card out.
Posted by Morpheus on :
were on the same page R1.. its really pissing me off dont get mad..get even
Posted by Morpheus on :
got tired waiting for the pullback..got 100 share SRS 73.10
Posted by Morpheus on :
just 1 more minute..."breaking NEWS""blah blah blah...cant wait
Posted by Morpheus on :
skf back at 98 +
Posted by Morpheus on :
somthing big is going on..skf 101+
Posted by rajthebam on :
should've gotten in on skf at 93..my order got cancelled by scottrade...darn it
contemplating bailing out on SIX..for 18 bucks gain after commission???? hmm...
Posted by rajthebam on :
sold SIX for 0.99 x 400
Posted by rajthebam on :
how is SRS at 69? about 6 shares i can get
Posted by Morpheus on :
that sucked
Posted by rajthebam on :
bought SRS at 69 x 6 shares
Posted by rajthebam on :
srs at 72.50 - looking good
Posted by R1 Man on :
Cool.....another down day. Cheap financials up....expensive financials down. How odd. Well, off to play a few games then check things out later. I don't see anything I want to buy today. I think the market is still over priced because of the SHORT COVERINGS.
Posted by R1 Man on :
2 stocks I have my eye on currently is BBI and VG. I think they will dip down even more. Thinking BBI entry $2.30. VG entry $1.05. I would hold them for a month....maybe. BBI seems to dip then peak every other month.
So....OPGSX....$27 now....posted last week at $25. I think it will hit $33 by x-mas.
Posted by rajthebam on :
i put in limit order of SRS sell at 80.00 see if it goes thru today -
any idea if its a good move or not...i would make about 50 bucks after commissions...
Posted by R1 Man on :
CDE...$1.89. Grabbed a bunch. Should hit $3.00 around X-mas.
Posted by Morpheus on :
srs seems to have stalled for now..possibly headed down from here..i just bailed 25.10, hopeing for a rebound for a better price
Posted by Morpheus on :
oopps make that 75.10
Posted by rajthebam on :
bailed 25.10?
Posted by rajthebam on :
oh ok 75.10 makes sense
Posted by rajthebam on :
changed my limit order to 75.50 more realistic...make about 22 bucks
Posted by rajthebam on :
lets hope it goes thru
Posted by rajthebam on :
sold SRS
Posted by R1 Man on :
quote:Originally posted by Morpheus: oopps make that 75.10
I think its going to $80.00. You both bailed too early.
Posted by SoAngel on :
Anyone going to test the water with WM ?
Posted by Morpheus on :
R1..srs 80+ sgreed just trying to catch a bounce..same thing with UAUA..that oil halt BS spooked me..and i missed it for now
Posted by rajthebam on :
how's CDE for pick?
Posted by Morpheus on :
WM..oh yeah..right on..eeehaw...yeah when cow fly
Posted by rajthebam on :
quote:Originally posted by rajthebam: how's CDE for pick?
sorry its R1 picked it up already - thinking about going in for 200 stocks
Posted by Morpheus on :
soangel..kidding ...heee heee...some of my twisted humor comeing out..
Posted by Morpheus on :
could be a "down monday, up tuesday" sort of a begining kind of week..looking for a good position for tommorow...hmmmm...still alot of action in the market..thats a good thing
Posted by Morpheus on :
fellas..im taking a poll right here..how many of us is just watching AIG do its thing...wholly shcnike...eerrrrr...im chomping at the bit...
Posted by R1 Man on :
quote:Originally posted by Morpheus: fellas..im taking a poll right here..how many of us is just watching AIG do its thing...wholly shcnike...eerrrrr...im chomping at the bit...
I never understand the market lately. Ok, they give FRE/FNM 25B and stock takes a crap. They give AIG 85B and stock tripples. They tell LEH forget it and stock goes to worthless. They offer to take all bad debt from banks and restrict the shorts. Stocks all move up. Oil goes up and stocks go down except AIG/FRE/FNM. Does anyone understand how the hell it works. I don't see the logic here.
Yeah....CDE is a good place to put some money IMO.
Posted by R1 Man on :
SCA is a good buy again also. $1.87....dump at $2.00.
Posted by deathtoradio on :
R1 I agree with your VG entry point, as it's pretty close to that right now. I think I'm going to grab some at 1.05 and hopefully sell it later this week when details of that bailout emerge.
Posted by deathtoradio on :
ODP is starting to look attractive again. That'll touch at least 6.50 within a week or two.
Posted by Morpheus on :
IMHO..i do not like SCA...that long base at .25 cents looks scary to me..but WTF do i know..
Posted by SoAngel on :
WB is tumbling hard.
Posted by Morpheus on :
R1...skf is actually moving up..yeepiee
Posted by Morpheus on :
my positions plays for tommorrow am...SKF * 3.95..WM * 2.40 and X at 92..hey quit your laughing..it COULD happen..
Posted by Morpheus on :
im sorry..not skf...AIG 3.95..im retarded today
Posted by rajthebam on :
200 x 1.93 for cde
Posted by R1 Man on :
quote:Originally posted by Morpheus: im sorry..not skf...AIG 3.95..im retarded today
Yeah if you got in at that price...I would get some more gray hairs.
So CDE, FRE, FNM and AIG will open higher. Rest of the market should drop. Ohhh...if it does SKF will go even higher. Doesn't mean much to me anymore since they sold my 90/100 shares.
Posted by Morpheus on :
im in WM # 2.95..bought the on the downside pop
Posted by rajthebam on :
how does F look at 4.87?
Posted by Morpheus on :
you tell me...how does it look?
Posted by Morpheus on :
what does the board think?..once these clowns on TV ..Hank and Ben start talking, the financials are gonna explode to the upside? thats what im thinking..they have been very strong so far this morning....anybody? anybody?
Posted by Morpheus on :
step right up firend..STEP right up..place your bets now or never..the clowns are talking
Posted by R1 Man on :
Hmmmm......AIG, FNM, FRE, SKF all moved up. Everything else down. How about that. Still advise to sit things out unless you get GOLD.
OPGSX is up another $1.51 today at $28+. Still looking like we will see $33 soon.
F.....this is my thought. Stay away right now. Oil goes up....Auto stocks go down. So Oil is down a little today and the stock is down a little. Still feeling the Oil Jump yesterday. With F I think its time to sit it out and see how low it goes. Now you can play AAI and UAUA because they move opposite of oil. Sure you can get a buck out of UAUA. Sure you can get $0.40 on AAI. UAUA is the easier one to play.
Posted by R1 Man on :
VG is almost ripe. I think SIRI is looking good too for entry.
Posted by deathtoradio on :
I hope VG is ripe. I bought up 6k worth yesterday at 1.05.
Posted by Morpheus on :
In my opinion, we are coming to an end to this credit crisis. A few months from now we will look back and say, “Wow, what a buying opportunity!” I mean just the other day you could have had Goldman Sachs Group, Inc. GS under $90, its now 125 and warren is comming to the rescue.. Bank of America BAC at 25 closed today 33.30..Morgan Stanley MS near $10,close today 28..Washington Mutual WM at 1.60 close today 3.20 AIG, FNA FRE and so on. So I ask myself, why the F**k am im playing around..so stare in the mirror and slap myself silly and do the right thing..buy buy buy..currently my holding are 2000 shared WM picked up this morning 2.96..700 shares AIG..picked up mid day at 4.95..500 shares MSFT picked up a few days ago at 24.50 and SKF 50 shares at 117. this is the one that goes against the upside and Im gonna bail for now on this and eat the loss. im looking to load up more AIG WM and dabble in FNM with all my recent profits (R1..thats the equity play you mentioned) rolling profit into FNM for the long term.. during the amature hour at the open wednesday..possibly..bailing early if there is a spike up and then jump back in after the pullback.. also keeping an eye on UAUA as oil goes UAUA seems to go opposite. Also, the energy sector seems to be in play too..REXX last week below 14 today above 20..MEE..the other day 32 today hit above 47..profits are going into these as well..play to win fellas..god I love love love cyber vegas
Posted by Morpheus on :
oh yeah..i forgot to mention..always remember.. smart money gets in at the bottom of the market..follow the trend my friend..dont fight the tape and is WM a possible takeover..hmmmmm
Posted by R1 Man on :
BAC....well my father told me something to think about. BAC bought out Countrywide. Countrywide had a bunch of bad loans. FED buys out all bad loans which means BAC bought Countrywide for nothing. So they could be a $120 stock.....hmmmm.
Posted by T e x on :
quote:Originally posted by R1 Man: BAC....well my father told me something to think about. BAC bought out Countrywide. Countrywide had a bunch of bad loans. FED buys out all bad loans which means BAC bought Countrywide for nothing. So they could be a $120 stock.....hmmmm.
who's BAC?
Posted by BooDog on :
quote:Originally posted by T e x:
quote:Originally posted by R1 Man: BAC....well my father told me something to think about. BAC bought out Countrywide. Countrywide had a bunch of bad loans. FED buys out all bad loans which means BAC bought Countrywide for nothing. So they could be a $120 stock.....hmmmm.
who's BAC?
BK OF AMERICA CP(NYSE: BAC) NEW Pre-market Real-time: 34.44 1.14 (3.42%) 8:28am EThelp Last Trade: 33.30 Trade Time: Sep 23 Change: 0.00 (0.00%) Prev Close: 33.30 Open: N/A Bid: N/A Ask: N/A 1y Target Est: 30.44 Day's Range: N/A - N/A 52wk Range: 18.44 - 52.96 Volume: 42,929 Avg Vol (3m): 97,617,800 Market Cap: 151.85B P/E (ttm): 18.34 EPS (ttm): 1.82 Div & Yield
Posted by Morpheus on :
out SKF * 24.50
Posted by Morpheus on :
BAC....well my father told me something to think about. BAC bought out Countrywide. Countrywide had a bunch of bad loans. FED buys out all bad loans which means BAC bought Countrywide for nothing. So they could be a $120 stock.....hmmmm. --------------------------------------------------------------------------------
who's BAC?
WHO IS TEX??
Posted by Morpheus on :
the chart looks good to me..!!
Posted by Morpheus on :
bailed on AIG looking to get back in..out 4.90...in ??
Posted by Morpheus on :
look to get out of wm * 3.55..then back in lower
Posted by Morpheus on :
missed the FNM bounce...eeerrrrr
Posted by Morpheus on :
anybody on this board feel like they are .."climbing the wall of worry"? im just taking a poll..go ahead..its ok...let us know
Posted by rajthebam on :
i do - my cde looks horrible especially after downgrade this morning
Posted by Morpheus on :
im looking at the 2 week chart and with a downgrade,....hmmmmm??? might wanna cut your loss
Posted by rajthebam on :
....i m in it for long haul though...these panic sell orders dont always work for me...
i remember RDN i bought and sold at loss just to see 2 weeks later jump up 20%.....would have made good mola on it if i held it long enough... so i m sticking with CDE for now...
Posted by Morpheus on :
well alllllrrrrriiiggghtyyy then...you might wanna consider that as dead money and with another portion of your investment pool..look for a good buy..maybe later in the day ..im thnk things are gonna pull back for a bit and then hreverse direction...alterntive energy is a hot sector now things like ..STP ESLR SOLF CSUN
Posted by Morpheus on :
im watching these and also AIG and FNM for a quick bounce..might of allready missed it this morning..but..the day just started
Posted by Morpheus on :
i did not like the action in WM right now..so i bailed on it a banked my mola..out * 3.41..for now back in later on today??
Posted by Morpheus on :
well well welll...who here remembers that old song by one of my favorite bands..the Steve Miller Band..."come on take the money and run".. WM is tanking at 3.20 now and headed lower ..getting ready for the bounce
Posted by Morpheus on :
some peopen call me the space cowboy...some people call me the gangster of LOVE....cause I love love love cyber vegas!!
Posted by Morpheus on :
All the kings jokers and All the kings men couldnt but humpty dumpty back together again..IMHO..all the puppets on TV are puttin on a dog and pony show and will NOT let the financial system fail..congress is just going thru the motions..you had to know this BS was gonna go on last thursday afternoon.....
Posted by Morpheus on :
oh look ...WM 3.02..hmmm..tempting
Posted by Morpheus on :
you dudes must all be way tooooo busy listening to total BS dished out by your "boss" this morning at meetings or whatever..so i guess once again..its just Morpheus making ALL the mola today..too bad they dont trade on Saturday and Sunday..when the RatRace has time to participate..and take mondays and tuesdays off...eh except for you R1..you put up with corporate BS later in the day..
Posted by Morpheus on :
did anybody else notice...housing stocks are up nice this morning..BZH DHI KBH TOL LEN..but yet SRS is up too..that is way to weird for me..
Posted by SoAngel on :
Sorry I won't be posting as much for awhile. I disconnected my air-card on my laptop to save a few bucks since getting back from the honeymoon. It hasn't even been 3 days yet of no laptop and I am itching all over, so I may be reconnecting it soon enough.
I haven't made a purchase today.
Posted by Morpheus on :
i been looking real close at housing and solar..R they ready to run???
Posted by Morpheus on :
wm could be getting close...
Posted by SoAngel on :
I am thinking about picking up some C around 19.10.
WM is going to dip under 3.00, today, imo, I would guess to 2.80 or so if it does.
Posted by SoAngel on :
Then again, as I posted that, the market turned positive...
Posted by SoAngel on :
Ok, I picked up some WB at 15.20. I may be holding for awhile.
Posted by Morpheus on :
right now i feel like WM= falling knife
Posted by Morpheus on :
i just placed a CRAZY limit order 2000 WM * 2.35
Posted by Morpheus on :
just caught the news...blah blah blah...so and so firm just cut the credit rating on WM fear that it may not be able to sell itself..this is getting scary..but that is the best time to make mola..
Posted by Morpheus on :
just for laughs..i lowered my limit buy to 2.20 on WM..that is about 10% within its current low resistance..
Posted by Morpheus on :
this NO shorting rule totally blows..but have to live with it..
Posted by R1 Man on :
quote:Originally posted by deathtoradio: I hope VG is ripe. I bought up 6k worth yesterday at 1.05.
Congrats.
The market is just stupid again. They talk about extending the shorting rule. They play games all the time. I'm shocked CDE is down today. Even more shocked FNM/FRE are both up. I thought they filed Chapter11? Did I get that wrong??
I seriously think that if they don't extend the rule then ALL the Stocks will drop like a rock.
UAUA....$10.90. Buy. Drop at $12.50.
So, this is why I am R1_Man Thinking of selling the beast!! (I'm on the right closest lane) Then I can build my account back up.
4k of my orignal 6k worth of VG sold at 1.15 today. This pleases me. Now if I can just unload the rest before the week is out.
Posted by Morpheus on :
right on DTR..making mola mola
Posted by Morpheus on :
the pres is going to speak tonight on the financial mess and this could really make the market sing wildly at the open tommorrow..i put in some crazy limit orders just for the heck of it..FNM * 1.00..WM * 1.55...AIG * 1.30..this is cyber vegas at its finest..eeehaaaaa
Posted by SoAngel on :
Another ridiculous day.
I also picked up some FNM * 1.75. I figured if I am going to lose on WB, then I may as well lose some more on FNM.
Posted by Morpheus on :
R1...you need to come out of your funk and get tuff man..dont get mad..get even
Posted by SoAngel on :
R1 Man- I know how you feel.
Morpheus- Sometimes getting even is more difficult than it seems. When I sit back and watch everything, it all seems so simple, I can call prices out all day long. As soon as I put some money into something, it goes in the other direction.
Posted by Morpheus on :
R1..your url link just comes up a blank screen...strange??
Posted by SoAngel on :
R1 Man- link works here, good video. I have built some fantastic cars and I have some good videos as well. If you are ever interested, I could post some links.
Posted by Morpheus on :
R1..i got it to work..right on..drags..im into just plain ol street cruizing in the santa monica mountains..this is a popular place near where i live..back in the canyon http://www.theacorn.com/news/2008/0221/community/025.html Posted by SoAngel on :
Probably should've held, but either way... out of FNM aftermarket * 1.90.
Posted by Morpheus on :
waaass up fellas
Posted by Morpheus on :
soAngel..interested in the cars..post the links
Posted by Morpheus on :
just msft..500 * 26.55..gonna buy back in on the pullback
Posted by Morpheus on :
just sold..banking some mola for now
Posted by rajthebam on :
CDE is holding around 1.71
Posted by Morpheus on :
the wiggly worm on the end of the hhook was too tempting..i took the bait..little nibble at a time..jumped in WM 500 shares * 2.20.. if if drpos im buying more
Posted by Morpheus on :
wm * 2.02..(fat fingers)
Posted by Morpheus on :
buy the rumor...sell the news?? copuld it be that ol saying is happening here?..anybody? anybody?
Posted by R1 Man on :
Another crazy day in cyber vegas. I put my bike up for sale. Don't ride it anymore anyways. Then I will drop that money back into my account and recover all my losses and then some. I figure I will avoid the MARGIN calls and double it in 3 weeks time. I might of been kicked to the curb but not laying down.
Death....glad you made out on VG.
SoAngel....just imagine if you had held....wow!! FNM/FRE is acting how it did back in July....but something is going to happen and it may very well drop like a rock again. I had made over $9,000 on them both and got back in when it dropped and loss all that. Then played them some more and loss even more. So scared of them.
WM....another loose cannon. Who knows where it will go from here. Buyout rumors....all the BS!!
Well.....off to get some things done around here.
Posted by Morpheus on :
WM dropping like a rock..limit order in for 1.30 thats 10% off its recent low
Posted by Morpheus on :
holy mother truckers...i had a buy in at WM 1.55 and the way it was dropping like a rock i pushed it to 1.30..darn..im getting a bad case of the coulda woulda shouldas...what A BOUNCE
Posted by Morpheus on :
AIG = "look out below"
Posted by deathtoradio on :
I'm liking TTM right now. If that drops down around 8 in the next few days I might get in. I actually wouldn't mind having some it in long term. If I made any profits I'd probably leave it in that.
ODP looks somewhat promising, but usually starts to dip in October...so not sure about that one.
Posted by deathtoradio on :
You won't catch me going near anything remotely related to the financials at this point. If you can't short sell them, what's the point?
Posted by Morpheus on :
i betting on a down day tommorrow...housing and job reports and all ...not good
Posted by Morpheus on :
there pumping RIMM..im not biting..could be wrong..time will tell..SRS is my play
Posted by Morpheus on :
im in SRS ...100 shares 78.40
Posted by Morpheus on :
looking to jump into appl jan.calls tommorrow for under a buck..could be a winner..5 calls 500 bucks..buy an hold
Posted by Morpheus on :
BTW..strike price 200
Posted by Morpheus on :
step up to the plate fellas..
Posted by Morpheus on :
oh look..time to hit the big green grass field..laters
Posted by R1 Man on :
quote:Originally posted by Morpheus: im in SRS ...100 shares 78.40
Congrats on that trade. Bid is $80.50.
Hope non of you bought WM. Bid and ask is $0.44 x $0.45.
FRE and FNM dropped too.
Hmmm....the 700B must of had an Ohh crap!! I haven't watched the news....been out riding.
Posted by SoAngel on :
"The seizure by the government means shareholders' equity in WaMu was wiped out. The deal leaves private equity investors including the firm TPG Capital, which gave WaMu a cash infusion totaling $7 billion this spring, on the sidelines empty handed."
Ouch.
Morpheus- I will have to upload some pictures of some of my other cars from the past, but my most recent was just sold last November- www.rotarykiller.com
I also built a 565rwhp Lexus SC300 Turbo, a 693rwhp Supra Turbo, and I have had 16 MR2s, one of which one the Ultimate Street Car Challenge in 2004 (V6 Swap, supercharged, with nitrous- can be seen at www.turboforum.net/Angel11)- I did not build this one, I bought it completed.
I sold the V6 MR2 and the Supra during my divorce in order to keep my house. I used the leftover funds to build the RX7 in the first link (you can see my daughter on the main page). I have dozens of videos of my Lexus and my Supra, I would just have to put them somewhere if you wanted to check them out.
Posted by SoAngel on :
I see that WM is trading Pre-market for .17 right now. Will it be trading after the market opens or since it is "wiped out" ... will it simply not be traded ?
Posted by SoAngel on :
BTW, I had my WB sell order at 16.70 and was away from the computer all day yesterday. POS hit 16.50 and then plummeted. Now trading for 10.XX so I guess I will be holding for a long time Posted by Morpheus on :
im holding 500 wm..crap..whatever.. those dicks.. gonna make it up in other buys and sells i hope..should not be an issue at this point..im am relly bear today and then gonna go bull at the end of the day..hopein over the weekend the deal gets done..its a crap shoot at this point
Posted by Morpheus on :
SoAngel..those rides are the bomb..a vette motor in a supra..wow..the the yellow supra. looks like a total makeover from red to yellow..what a job and the car is fantastic..how cool is that?
Posted by SoAngel on :
Couple corrections for you... Vette motor in a 3rd generation RX-7. Yellow car was a V6 Supercharged 2nd generation MR2. My first Supra was white, I will post some pictures/videos at some point when I get around to it. My second one was black, but I never had that one on the road.
BTW, I am holding 730 WM. And I am holding basically my whole account in WB. Honestly, I am going to hold it until I make money or it fails. If I end up broke, then I am straight up done with this.
Posted by Morpheus on :
im reading and hearing other threads..they are talking possibly down 2000+ on the dow in a hurry..as much is i would like to be bull, just cant do it at this point..right now,today , im all bear..it looks like the last few days, as crazy and wild they were, ultimatly were just a BEAR TRAP..and SKF..i thought financial shorts are dead..I guess not..what up with that? im gonna play a few options, maybe RIMM and AAPL calls toward the days end
Posted by Morpheus on :
dude, cut your loss now and roll into SRS its gonna open up and go higher thru out the day..as WB goes down..then roll it back into there if that is your stock of choice..im liking SKF SRS and SDS..looking to reverse my position at eh end of the day so im ready for monday..only small and only for 1 day..then its back bearville
Posted by Morpheus on :
i currently have in place limit orders for FNM * 1.00 and AIG * 1.25..time will tell, probely get wiped out on those too..im taking very much more risky plays than normal, cause even tho I know "its my money" im feeling im playing with the house money cause i had a few wins lately, so why not, but It could end up being all good..I love love love cyber vegas
Posted by Morpheus on :
im doubleing up on SRS after a pullback..
Posted by SoAngel on :
My screen shows WM as frozen. Guess I should've taken the .17 pre-market.
Posted by delgotit99 on :
long 25 shares of QLD. Congress will be forced to pass the bailout.
Posted by Morpheus on :
delgotit..aggreed on that..but i looing at QLD later toward the close today..IMHO..the debat and vote wont final till sunday afternoon..
Posted by delgotit99 on :
Yeah good idea. People will freak out most of the day b/c congress is arguing about it, but at the end of the day they will realize the bailout will happen by opening Monday.
Posted by Morpheus on :
doubled up SRS * 79
Posted by R1 Man on :
I grabbed WB at $9.64 Come on CONGRESS!!! I'd like to see that $25 price again. Posted by R1 Man on :
VG...$1.04....time to play it again.
CAT...$62.60....wait....$63+ now. Still ripe for a play to $65.
F....$4.80....grab some if you can get in less then $4.75....that is if you feel congress will pass the bill.
Posted by R1 Man on :
UAUA...$9.62....looks good too.
Posted by SoAngel on :
Watching WB work its way down again is making me sick.
Posted by R1 Man on :
Hi Pals,
I'm against the $85,000,000,000.00 bailout of AIG.
Instead, I'm in favor of giving $85,000,000,000 to America in a We Deserve It Dividend.
To make the math simple, let's assume there are 200,000,000 bonafide U.S. Citizens 18+.
Our population is about 301,000,000 +/- counting every man, woman and child. So 200,000,000 might be a fair stab at adults 18 and up..
So divide 200 million adults 18+ into $85 billon that equals $425,000.00.
My plan is to give $425,000 to every person 18+ as a We Deserve It Dividend.
Of course, it would NOT be tax free.
So let's assume a tax rate of 30%.
Every individual 18+ has to pay $127,500.00 in taxes.
That sends $25,500,000,000 right back to Uncle Sam.
But it means that every adult 18+ has $297,500.00 in their pocket.
A husband and wife team has $595,000.00.
What would you do with $297,500.00 to $595,000.00 in your family?
Pay off your mortgage - housing crisis solved.
Repay college loans - what a great boost to new grads
Put away money for college - it'll be there
Save in a bank - create money to loan to entrepreneurs.
Buy a new car - create jobs
Invest in the market - capital drives growth
Pay for your parent's medical insurance - health care improves
Enable Deadbeat Dads to come clean - or else
Remember this is for every adult U S Citizen 18+ including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back. And, of course, for those serving in our Armed Forces.
If we're going to re-distribute wealth let's really do it...instead of trickling out a puny $1000.00 ('vote buy') economic incentive that is being proposed by one of our candidates for President.
If we're going to do an $85 billion bailout, let's bail out every adult U S Citizen 18+!
As for AIG - liquidate it.
Sell off its parts.
Let American General go back to being American General.
Sell off the real estate.
Let the private sector bargain hunters cut it up and clean it up.
Here's my rationale. We deserve it and AIG doesn't.
Sure it's a crazy idea that can 'never work.'
But can you imagine the Coast-To-Coast Block Party!
How do you spell Economic Boom?
I trust my fellow adult Americans to know how to use the $85 Billion
We Deserve It Dividend more than do the geniuses at A IG or in Washington DC.
And remember, The Birk plan only really costs $59.5 Billion because $25.5 Billion is returned instantly in taxes to Uncle Sam.
Ahhh...I feel so much better getting that off my chest.
Kindest personal regards,
Birk
T. J. Birkenmeier, A Creative Guy & Citizen of the Republic
PS: Feel free to pass this along to your pals as it's either good for a laugh or a tear or a very sobering thought on how to best use $85 Billion!!
Posted by Morpheus on :
the WM crap really put a hitch in my get-a-long today..things are not panning out like i was thnking, so i got a bad case or rigimortis right now
Posted by R1 Man on :
Nevermind....that guy is a IDIOT....divide it out and its only $425 per person. It was an email that I got.
Posted by Morpheus on :
T. J. Birkenmeier idea will work as planned, but the meatheads in power cant take things som simple..besides..what would the world be without all the homeless and "poor"?
Posted by Morpheus on :
wb looks really good..but when they can just change the rules on the fly..aka WM ..i dont know..im pissed and dont like getting burned twice in a row
Posted by R1 Man on :
quote:Originally posted by Morpheus: wb looks really good..but when they can just change the rules on the fly..aka WM ..i dont know..im pissed and dont like getting burned twice in a row
WTH....I thought I bought in at a great price. WTH....$8.70....Ouch!!! Almost $1.00 down since entry.
Posted by R1 Man on :
Grabbed more at $8.86 before it goes back up.
Posted by Morpheus on :
i bet my headache is bigger than your headache
Posted by SoAngel on :
If I had any more funds, I would be buying it up as well to average down. If WB somehow fails, I am done with headaches in this game.
Posted by R1 Man on :
WOW....that came down FAST and shot right back up even faster. $9.35 now......wait....$9.09 now.....Make that $9.00
Posted by R1 Man on :
They better not fail. I'm dropping $100.00 in my account each week. Boosting it back up. Can actually dump about $800 in it but rather play things safe. Rather pay my credit card off then pay finance charges.
Posted by Morpheus on :
im investing in bayer and segrams..seem to be a big demand these days
Posted by Morpheus on :
really weird today..cant go long..they go down..cant go short..they go down too..WTF!!
Posted by Morpheus on :
only stock up that im into is the one i bailed on yesterday..MSFT..figures
Posted by Morpheus on :
althought..SMG is making a nice bounce off the bottom..
Posted by R1 Man on :
Go buy CAT Morpheus.
Posted by Morpheus on :
im still bear for now..
Posted by Morpheus on :
all cash except ..SRS..and that till the end of the day..if the market goes up monday..oh well there will be other days..if the market goes down monday..im ready to pounce..MS GS MSFT
Posted by Morpheus on :
im just gonna grab my surf board and go hang out in the waves this afternoon till it gets so dark you cant see what hits ya, at least you dont be loosing mola that way..you get some good contemplation there too..i have been way to risky and over all its been good lately..now the name of the game is capital preservatin..some say "greed is good" I say.."safe is good" and right now its not safe..too much wishy washy going on every other half hour..not cool
Posted by Morpheus on :
one hour of "fun" left..what blah blah BS are they gonna dish out now??
Posted by Morpheus on :
here little lambs...here little lambs..here little lambs..its gonna ba a REAL INTERESTING monday..i got some limit orders in for AIG FNM at about half off and MSFT at 23
Posted by R1 Man on :
quote:Originally posted by Morpheus: here little lambs...here little lambs..here little lambs..its gonna ba a REAL INTERESTING monday..i got some limit orders in for AIG FNM at about half off and MSFT at 23
All those are showing higher bids from closing price.
WB closed at $10 But bid/ask now is $8.50/$8.51 Posted by Morpheus on :
theyre talking that WB is next to be seized at any time from the FDIC just like they did with WM..so be prepared...and the only reason im bearish is the hype the TV puppets are putting on the pressure to "close the 700B deal" by markets open on monday..Im thinking that some delay will happen and its gonna get interesting..it that happens things could realisticaly open very low and then bounce around all day..i have seen this sort of gimmic shananagans a few times before..1982 1987 1992 2001 to name a few and that is exactly what happened..i refuse to get burned again..(i hope)
Posted by R1 Man on :
WB....Haven't paid any attention. I hope not!!! Pass the deal!!!
Posted by SoAngel on :
WB is trading pre-market for 3.85. Soon time for me to be out of this game for good, just as I stated earlier.
Posted by SoAngel on :
Hah! Heading for <2.00 very soon. What a joke!
Posted by SoAngel on :
BOSTON (MarketWatch) -- Citigroup Inc. WB 10.00, -3.70, -27.0%) , the troubled Charlotte, N.C.-based bank, according to a press release from the Federal Deposit Insurance Corp. on Monday morning. Citi will acquire "the bulk of Wachovia's assets and liabilities," the FDIC statement said. Under the agreement, Citigroup will absorb up to $42 billion of losses on a $312 billion pool of loans, while the FDIC will take losses beyond that. Citigroup has granted the FDIC $12 billion in preferred stock and warrants to compensate the FDIC for bearing the risk, according to the press release. Wachovia shares were down more than 80% in premarket trading Monday morning
Posted by SoAngel on :
Well, it was fun playing with you guys, I really did have fun, even losing $15k in a few months. I am going to sell the rest of my small positions and pay my maintenance call and maybe I will be back in a few years or something when I have some savings again.
Good luck!
Posted by Morpheus on :
soangle..bummer..sorry to see that go down..good luck to you and hope you learned..the BS that can go on in cyber vegas..it looks like you got suckered in by the TV puppets....take it slow and steady..you will be back..capital preservation is the number 1 rule in this crazy game..live to play another day
Posted by Morpheus on :
fellas..this is cyber vegas..not texas holdum..do yourself a favor and never never never go all in..the phrase go big, or go home just does not work here..because ultimatly, you will have no home to go to if that is the way you play..
Posted by R1 Man on :
Ok, I'm completely knocked off my chair and can't get up. Dropped all my money in WB last week and now bid $0.01 ask $999. Not good!!
What gets me is they never said that WB was in trouble. They said they didn't fail. Now how the hell they crash and burn???
At this point....I pray that the bailout fails.
Posted by Morpheus on :
dude..its been all over the news last week..WTF
Posted by R1 Man on :
I had my son all week so can't watch the news.
Posted by Morpheus on :
anybody see any GOOD BUYS out there? hmmm
Posted by delgotit99 on :
RIMM
Posted by Morpheus on :
rimm...i dont think just yet..does not look like we are gonna have a mid day bounce in anything right now..but that could change in 30 minutes..
Posted by Morpheus on :
im looking to pounce on UAUA..oil is headed down..already missed it once today..30 minutes ago..i was too busy watching the other BS..i bailed on SRS 79.50..when that "liquidity injection crap hit the breaking news"..what ever..for now im all cash
Posted by Morpheus on :
ya know..with all the people downsizing and moving and all..UHAL is looking pretty good..for real
Posted by Morpheus on :
i just put in a limit order for 2 rimm calls oct 75 * 2.25..see if it hits
Posted by SoAngel on :
Just sold my WAMUQ for .057, sold my C earlier for 19.50, sold my WB for 1.50.
Posted by Morpheus on :
could anybody out there please tell me ..what happen to all the TV puppets talking about..ethnol (MON MOS POT)..solar energy (eslr solf)..price of oil, nat gas and coal..(JRCC REXX MEE) ..it been all bank bank bank..mon o man are we suckers or what?
Posted by Morpheus on :
i just bought WAMUQ * .57 and C * 19.50 and WB too
Posted by Morpheus on :
So Angel...jut kiddin with ya....actually im just placing some long term buys now..SMG * 23.15 waiting for UAUA now
Posted by Morpheus on :
just tapped 400 shares JASO 10.16
Posted by Morpheus on :
gonna be a turn around day..thats my bet..with the "vote" and all..now is the time to take advantage of the fire sale..if your on board with me
Posted by Morpheus on :
the market would be way lower if they did not thingk the vote is gonna pass..that is what the tea leaves are telling me
Posted by Morpheus on :
oh yeah..i forgot..this thread is funny..its just the SoAngel and Morpheus show today..and R1 is passed out on the floor..sorry for the hit on WB dude..that TOTALLY SUCKS..
Posted by Morpheus on :
ya know ..come to think of it..I use the phrase "long term" im guessing anything longer than 1 day would qualify for that
Posted by deathtoradio on :
Anyone have any thoughts on AUY? The 8.50's look like a good entry price to me. I think it could see at least 9.50 soon again.
Posted by Morpheus on :
just picked up 4 aapl calls JAN 190 * .90..
Posted by Morpheus on :
aapl really tanked today..should go up from here
Posted by Morpheus on :
AUY is a gold stock..not my favorites..but the chart looks good to me..buy a portion and average out if it goes down..looks like it has good upside risk/reward from here..im liking other sectors personally..the RIMM and APPL play.. i grabbed some calls on those..keeps my "potential" for loss at a know figure..that is the thing about options..ya wont lose more that you put in
Posted by Morpheus on :
UAUA has been sidways..just tapped into 500 * 8.90
Posted by Morpheus on :
this is cyber vegas at its finest..wouldnt you all have to agree..2 more minutes till the "vote" passes of fails...its a nail biter
Posted by delgotit99 on :
dow down 600 points!!!!
Posted by Morpheus on :
lighnen my long load for now..bailed on UAUA cut my loss for now
Posted by Morpheus on :
those schmoosss..picked up 100 skf 112.5 as a hedge for now..
Posted by R1 Man on :
So it failed I'm soo pissed at the damn market anyways. Ohhhh well!!
BTW....I might be down and all but I still have a lot of money that I haven't put into my account. I'm in no hurry right now. I'm not leaving this trend either. I will be working OT now to make up for the losses and will drop $100 a week into my account and 50% of any money I have left over at the end of each month. I have my plan.
So how about X....$72 now.
Better yet....lets watch everything crash and burn instead.
Posted by Morpheus on :
stocks comming off the lows for now..good for tradeing?? wouldnt you have to agree..
Posted by R1 Man on :
I don't know anymore. But off to work. I've lost faith in the market.
Posted by delgotit99 on :
Stupid ****ing politicians, I ****ing hate them all. They don't even care what the bill is all about, they are just trying to position themselves, so in a few years they can say that they were right on the bailout plan. DC should be ashamed of itself. People first then party. And yes I lost money.
Posted by Morpheus on :
R1..yeah..X..its looking like a good program buy now..ust buy little bits every other day..no matter what the price..10 shares at a time..averaging..thats the ticket..
Posted by BooDog on :
On my list for tomorrow. WHO KNOWS!!! DCGN .40 morning star potential but not quite a pincher yet. NURO .96 $1 boogie PSEM on the dip 10.16 QTWW 1.72 trend breaker nice white candle and going in the power zone with pincher status imo. Keep an eye on this one. RGCI .95 showing nice accumulation SOV 2.33 Dead cat bouncer?? yikes Oh yeah, don't leave out NCC and ABK, RDN for potential bounce back - watch pre-market.
Not buy recommendations, just wild picks!
Posted by deathtoradio on :
R1 - F is way down, think we'll see 5 again anytime soon?
Posted by R1 Man on :
quote:Originally posted by deathtoradio: R1 - F is way down, think we'll see 5 again anytime soon?
Yep!! Very cheap right now. Bid is higher then close of $4.17....bid is $4.32. How low can F go??? I have no idea after WM, WB, FNM, FRE, AIG BS. After them, anything is possible. But if I forget about them....I think it could drop down to $3.75 possibly but doubtful. If your interested in F. Decide how much you want to spend and only spend 1/2 that ammount. This way if it does drop more, you can average down.
X will open lower. WB will open higher. Hmmm.....something is up???
Posted by Morpheus on :
not alot of action today..just UAUA ..everythng looks like its made a move at the open and now flatline..
Posted by R1 Man on :
Yep, looks that way. WB is up after I sold it yesterday. Can never win. I bought ONT with the money I have left at $0.32. Up a little....not much. Well, off to work.
Ohhh yeah....BAC is up a lot today. Was at $30 yesterday and I considered buying and chickened out. I think that will go to $40 before 2009.
Posted by Morpheus on :
my prediction for tomorrow.....PAIN!! but today was good to me..missing out on action allover the place but ill take..
Posted by R1 Man on :
So another vote....LOL. How many times does the Bush crap have to go on??? Lets see....Iraq had missles of mass destruction....then we try to get allies....get told to F-Off....Bush attacks anyways...screws up the country....screws up our country. Now he wants a Bailout??? It fails so he insists go back and vote again. How many times are we going to hear the BS from that Jack Ass???
Anyways....F went up a ton. WB moved up a lot. ONT is at $0.35 now
Market prediction....DOWN Wednesday. Have to smile when it fails again huh Morpheus.
Posted by R1 Man on :
When the BS is over, I will drop some more money in my account and get that 20k back and then some.
Ohhh yeah.....OPGSX....cheap!! $24.61...ride to $30. Should be a 3 month flip.
Posted by Morpheus on :
gee..its hard to say..the vote, it failed the first time aroung..your guess is as good as anybodys ..im lond jaso and smg...ill be playing SKF UAUA and F today..gonna be another crazy one
Posted by Morpheus on :
im long..jaso smg..and have oct calls for rimm and 5 calls for jan aapl..but those were just picked up as longshots..
Posted by Morpheus on :
im also watching DIG and DUG..im liking DIG on the bounce
Posted by Morpheus on :
just hit my sell limit JASO 11.40 ...HEY I banked some MOLA today
Posted by Morpheus on :
im likeing QCOR in a pullback..for anybody who actually gives a hoot..but you all are tooo busy to play cyber vegas with me..
Posted by Morpheus on :
JASO opn a pullback too..perhaps the 10.70 area
Posted by Morpheus on :
a little "breaking news" come out by the TV puppetw..and F tanks..WTF
Posted by rajthebam on :
got rid of NCC at 2.03 - made decent return on it...
F looks tempting at 4.50 - i'll wait till drops a little more
Posted by Morpheus on :
raj...makin some mola too...right on..congrats on that play!!
Posted by Morpheus on :
just went long with DUG * 39.80
Posted by Morpheus on :
more puppet news..those MO FO's..
Posted by Morpheus on :
its the last day for NO SHORTS..tommorrow gonna be crazy
Posted by R1 Man on :
I know. It will get interesting real quiick.
BAC hit $38.50 today.
Nice site Morpheus. I'll use it.
So....what to play Thursday....hmmmm.....all these banks are up....if it fails...I would say short WB to the floor. Short NCC. Buy SKF.
Posted by Morpheus on :
i just put in a bid for tomorrow morning..1k shares of F * 3.75..why the heck not..
Posted by Morpheus on :
r1..click on the maps and then on the the full..good to see what sectors is hot and what is not..maybe if we all be looking we can alert each other as to what is a good play for a bounce that day...right now im betting against the "vote"..i have DUG and getting ready to dabble into SKF at the close..also have some ridiculus low limit buy orders in place on AIG FNM MSFT
Posted by rajthebam on :
what site r u guys talking abt? share the knowledge...guys.
Posted by Morpheus on :
buy rumor, sell the news..that is what up??
Posted by deathtoradio on :
I'm gonna give RAD a whirl today. Shooting for .80 and if I could sell that at .90 I'd be in good shape.
Posted by delgotit99 on :
raf: It sounds like finviz.com great dd site.
Posted by rajthebam on :
how does NOV work? looks attractive i would say
Posted by Morpheus on :
just bailed on DIG * 44.40
Posted by Morpheus on :
im mean sold DUG 44.40 (the I and the U are very close together) im getting ready to roll into DIG
Posted by Morpheus on :
bailed on SKF for now..102.30
Posted by Morpheus on :
looking for a good point on DIG..real soon
Posted by R1 Man on :
F....$4.35. Good entry. My order is set for $4.35. Riding this one to $5.00
I see that RAD worked out great for you. $1.00
Posted by Morpheus on :
could be a goo entry for a first level buy in..im looking to jump in lower..(sorry)..but best of luck to you..if it does go lower buy more..i also heard on the TV news..its highly unlikely F files for BK..we all know that and it looks like they will be around for a long time.. R!..Do you play the DIG DUG ??
Posted by R1 Man on :
In at $4.35 F
Posted by R1 Man on :
quote:Originally posted by Morpheus: could be a goo entry for a first level buy in..im looking to jump in lower..(sorry)..but best of luck to you..if it does go lower buy more..i also heard on the TV news..its highly unlikely F files for BK..we all know that and it looks like they will be around for a long time.. R!..Do you play the DIG DUG ??
My son is here and can't do much. Off to make some lunch. I made $50 on ONT though. Its a start to recovery Posted by Morpheus on :
r1..great for you! ..laters
Posted by Morpheus on :
raj....finviz.com..learn it and get back to us with some good stuff..ok? you are the man..we will go by what you say..
Posted by Morpheus on :
just popped into DIG * 53.95
Posted by rajthebam on :
ha ha ,,,,morp is funny
on side note, are u having issues with scottrade
Posted by Morpheus on :
jaust bailed on DIG 55.35 picked up some good mola..145 big ones..like taking candy from a baby..
Posted by Morpheus on :
yes..i just talked to my home office and was pissed..had to place a verbal order to sell DIG..they said it should be just temp..we will see..this happen last week too and i missed out on a good buy thus costing me about 300 bucks..but this sort of thing happens with anybody..so have to live with it..its been a long time since scottrade has had issues
Posted by Morpheus on :
raj..what did your office tell you?
Posted by Morpheus on :
just got off the phone with the scottrade office and they say all is good for now..lets hope, cause things move fast these days
Posted by R1 Man on :
quote:Originally posted by Morpheus: yes..i just talked to my home office and was pissed..had to place a verbal order to sell DIG..they said it should be just temp..we will see..this happen last week too and i missed out on a good buy thus costing me about 300 bucks..but this sort of thing happens with anybody..so have to live with it..its been a long time since scottrade has had issues
I bet they charged you top commission. I would complain if they did.
F is holding Posted by Morpheus on :
no he said it the same cost cause of the website trouble..
Posted by Morpheus on :
hey R1..sooo..what is tommorrow gonna be...an up day or down?? what r u thinking?
Posted by Morpheus on :
this is my thought..down tommorrow for the most part..just to prove the point to influence "the vote"..could be a great day for trading, so break out your piggy banks
Posted by deathtoradio on :
Back to trading VG, in at .99, hoping for 1.05 tomorrow. I'll be happy with that.
Posted by Morpheus on :
f VG..why enen go there...with so many stocks that have real good interday action..why waste your time with BS like VG..?? things like UAUA, F, X, DIG/DUG,SRS and SKF ya might want to change your handle to "deathtomyportfolio"..
Posted by Morpheus on :
stick with things like UAUA...ect..big interday swings thats the ticket..
Posted by R1 Man on :
quote:Originally posted by Morpheus: hey R1..sooo..what is tommorrow gonna be...an up day or down?? what r u thinking?
Down!
Posted by R1 Man on :
Ok, this is why the market is messed up.
Citibank buys WB for $1.00 a share...price drops from $10 to $0.01. Stock gets halted. Stock opens up and closes around $2.00. They just said buying for a buck. Then the stock goes to $4. Now they announce a MERGER with WellsFargo. WB bid is now $6.72. The market is soo F* UP!!! Now they say its $7.00 deal valued at $15 Billion.
Posted by R1 Man on :
Now AIG selling parts of its business. What a screwy Friday.
I'm going to bed.
Posted by Morpheus on :
ah.. dont go to bed..you will miss ALL the fun..
Posted by Morpheus on :
raj...do ya see anything worthy today??
Posted by rajthebam on :
bought SOLF yesterday at 10.25 x 50 shares only though...
Posted by Morpheus on :
just sold 500 shares SMG 24.38..banked some good mola..gonna jump back in on the pullback
Posted by Morpheus on :
f f f f f f f**k...there is not gonna be a pull back..geese...lots of good stuff out there popping around..MON X MOS UAUA SMG..thats what im playing today
Posted by Morpheus on :
well..allready then...whats it gonna be? hmmmmm pass? or no-pass?..anybody? anybody?
Posted by Morpheus on :
im bettin....r u ready.....no pass..
Posted by Morpheus on :
and the market TANKS..thats my story and im stickin to it..we will see in about 30 minutes....eeee haaaaaaawww
Posted by Morpheus on :
just popped into MSFT 500 * 26.75 and it still going up..
Posted by Morpheus on :
R1..on on board with you...F * 4.20 go up baby up..eeee haaaaw
Posted by Morpheus on :
geeesse...F at an all time low..1.16 what up??
Posted by Morpheus on :
i mean 4.15..things are looking shakey..and I always say..when things are shakey..cash in and go to Mexico..till the dust settles..
Posted by Morpheus on :
come on last 30 minute rally..!!
Posted by Morpheus on :
i baliling on F and MSFT...no way im holding any thing over the weekend..im putting in low limit orders for monday..
Posted by Morpheus on :
f ths BS..there are better days ahead..right now is brutal..
Posted by Morpheus on :
out F * 4.11 taking a wait and see approuch
Posted by R1 Man on :
quote:Originally posted by R1 Man:
quote:Originally posted by Morpheus: hey R1..sooo..what is tommorrow gonna be...an up day or down?? what r u thinking?
Down!
Guess I was right.
Posted by Morpheus on :
i got limit buys in for ..F * 3.80... X * 58 FNM * 1 ,,,and MSFT * 23.50..trying to play the bounce
Posted by Morpheus on :
anybody on board this morning??
Posted by Morpheus on :
i bumped my F buy in down to 3.70 an it picked it up..lets go up from here..
Posted by Morpheus on :
tapped into more F 1k shares * 3.33
Posted by Morpheus on :
ok dudes...you can all get up after passing out on the floor..lets here some good news fellas..anybody? anybody?
Posted by R1 Man on :
Hmmmm.....They are predicting a 2,000 point drop this week. How is that for good news. My advice is cash.
Posted by Morpheus on :
They= the pros that want to buy your stocks on the cheap They..lead all the lemmings into the "lamb to the slaughter" mindset...
im getting ready to take profit on F and wait in cash for a pullback ..theat was a panic price about 45 minutes ago
Posted by Morpheus on :
R1..follow the DIG and DUG
when oil goes up DIG follows oil goes down..DUG goes up there is alot of interday movement good speculation
Posted by Morpheus on :
rebound back inot F 1k shares * 3.45
Posted by Morpheus on :
inot = into (to fast with the fatfinger and return key)
Posted by Morpheus on :
just popped into MSFT 300 * 24.18
Posted by Morpheus on :
sup with you dudes today..everybody fainted on the floor..the best time to start buying is when your hands are the most sweaty..
Posted by Morpheus on :
the last hour "breaking news folly palluza" is comming up in 5 minutes..place your bets gents , place your bets
Posted by Morpheus on :
todays a great day to ask yourself "gee the elections is comming up in 4 weeks and are these prices gonna be higher or are they gonna be lower from today in 3-5 months"..a nibble here and there is the way to play..so the choice is yours and yours only..
Posted by Morpheus on :
looks like its the morpheus show again today..im going into the abyis all by myself while you dudes are in your monday morning "BS meetings with the boss"..ya all missing out
Posted by Morpheus on :
here we go gents ...hope you all took advantage of the "fire sale"
Posted by delgotit99 on :
This is, and will be one hell of a ride. You either will make a ****load fast or lose it. I will be on the sidelines with 90% cash drinking beer.
Will play it safe with 10% in QLD.
Posted by delgotit99 on :
Woah what a swing. Got in just in time.
Posted by Morpheus on :
im long F and MSFT and picked up a nibble of WLT *32.80..for overnight..took profit on X at the close..gonna be another big move day tommorrow..mostly cash waiting for "the big one" then id get into RIG AAPL MSFT F X SMG ..these are all on my raday if anybody really gives a crap
Posted by Morpheus on :
alright..delgotit..taking the plundge..right on..good luck to us..I LOVE LOVE LOVE cyber vegas..how bout you?
Posted by Morpheus on :
laters..time to hit the links and stretch the ol' bones..
Posted by delgotit99 on :
Yeah something tells me to get out early tomorrow because we are setting up for another down day. Of course this will depend on the global response to todays market overnight. Either way, it is for sure an interesting time.
It's the 8th round and I have been knocked down twice, but won't get TKO'd like Kimbo.
Posted by Morpheus on :
no trades this morning..satching F to hit 3.15 again..missied it earlier and also X to the low 50's
Posted by delgotit99 on :
Long F and short X?
Posted by Morpheus on :
long both on the bounce..F * 3.15 and X * 53..thats what im thinkin also MSFT below 24
Posted by Morpheus on :
im also watching AMD below 5 or there abouts
Posted by Morpheus on :
just popped onto 500 shares JASO * 7.46
Posted by Morpheus on :
picked up 500 MSFT * 23.77
Posted by delgotit99 on :
After the Bernanke statement I am staying on the side lines, if I do get in it will be on the short side.
Posted by delgotit99 on :
Cramer just bashed solars.
Posted by delgotit99 on :
F under 3.
Posted by Morpheus on :
picked up more F at the close..2.95..im currently long on MSFT F X and JASO..i sold WLT for a profit today..i got most all near their closing price today..only F is against me but i have been averageing down..i read the cramer thing and he just regutgitates another report saying solar is dead..if he dont like it ..it should go UP UP UP..he he tommorrow will be brutal..Im likeing my odds after 5 down days..(sold my shorts way too early) oh well..
Posted by Morpheus on :
im lookin for an emergency blah blah blah..by the fed..something, anything, now that everybody has bailed, the progaganda TV puppet machine will fabricate some BS..i might be a day early, but time will tell..ill just hedge on SKF and SRS if thats the case..im also liking DIG at this point..arabs are in the news and restricting output..
Posted by Morpheus on :
well well well...WTF!! the blah blah blah by the fed came and went..premarket up 180 points but now its DOWN 180 points WTF..
Posted by Morpheus on :
isaw premarket SKF at 130 and now its tickin at 154 WTF!! those schmoozzz
Posted by delgotit99 on :
skf ran up to almost 170 in pre.
Posted by delgotit99 on :
Dont bet the farm on it, but I think we will see the market plunge today and then the rally we have all been waiting for. The market just needs to absolutely ****ing tank (which I think will happen today) then finally we may see some light at the end of the tunnel.
Posted by delgotit99 on :
Another fake rally because of the fed cut will just prolong the this miserable market.
Posted by Morpheus on :
picked up 100 more shares of X 47.75 and 50 shares MON 70 ..crazyness prevails
Posted by delgotit99 on :
quote:Originally posted by Morpheus: picked up 100 more shares of X 47.75 and 50 shares MON 70 ..crazyness prevails
You got balls of steel. Where is your stop at?
Posted by Morpheus on :
oh yeah..200 more shares of msft * 23.05
Posted by Morpheus on :
at the open..i got slickered into the SKF trade..i picked up 30 shares at 153 ..it bounced highter and then reversed..i said WTF, what a mistake and in under 10 minutes bailed at 141.50..thats 300+ bucks gone..its still falling at 137.50 now..whoooooo
Posted by delgotit99 on :
Yeah its because you can't short UYG. But tomorrow you can short financials again so SKF should be all over the place today.
Posted by Morpheus on :
i got tooo many stocks and cant follow them all properly..im missing some key sell points..errrrr
Posted by delgotit99 on :
I got ****ed longing MOS now I am violating every rule in the book and holding it until we get a bounce. That is my only holding right now.
Posted by delgotit99 on :
Come on TANK TANK TANK!!!! I am long but this needs to happen.
Posted by delgotit99 on :
I wanna see it go down 1000 points to 8500.
Posted by Morpheus on :
this is f*ing nuts...!!!
Posted by Morpheus on :
the bottom is in ..(at least for this hour)
Posted by Rockster on :
check out citigroup C
Posted by Morpheus on :
yeah...what make C so "special"...its getting hammered along with the rest of em
Posted by Morpheus on :
screw the BS..its a friend of mines B_day and we are all going to chase the white ball across the big green field..laters..im still all in..sort of like texas hold-em
Posted by Morpheus on :
at least my MON is hanging in there.. Posted by delgotit99 on :
Long 50 shares of DGP at 21.21
Posted by delgotit99 on :
stopped out. Had a tight one on it.
Posted by delgotit99 on :
gezzz The Fly just bought 20k shares of MOS.
Posted by Rockster on :
quote:Originally posted by Morpheus: yeah...what make C so "special"...its getting hammered along with the rest of em
It keeps dropping to =15 and comes back. Bad news. Good company
wow he is up 100k so far. Wish I had more skills and loot.
Posted by Rockster on :
C went from 14.25 at noon posting to 16.15 now Thats why.
Posted by delgotit99 on :
All signs in the market point to buy. Should see a end of day rally that continues tomorrow.
Posted by delgotit99 on :
quote:Originally posted by delgotit99: All signs in the market point to buy. Should see a end of day rally that continues tomorrow.
This is why I have a day job.
Posted by BooDog on :
lmao. I think it caught many off guard.
Posted by Morpheus on :
rockster..check out on JRCC..14 to 18 swing..and WLT..32 to 38 swing and X 45 to 58..and MON from 68 to 88..yeeehaaaaw...now "these are some of my favorite things" (to quote mary poppins) and no bank takeover BS
Posted by Morpheus on :
im still long WLT MON X MSFT F and picked up some more JASO..giddddy-yup little doggies
Posted by Morpheus on :
GM and F ..any takers?? could this be the chance of your lifre to make a killing? hmmmm
Posted by Morpheus on :
im getting ready to pick up UYG about now..9.80 area..its a good play
Posted by rajthebam on :
UYG is 10.20 as we speak - did you get in at 9.80?
Posted by R1 Man on :
quote:Originally posted by R1 Man: Hmmmm.....They are predicting a 2,000 point drop this week. How is that for good news. My advice is cash.
Lets see how many it is so far. I know its over 1,000. Friday it was at 10,300. Now its at 9,163. Down 1,137. I say market closes down 140 points and Friday it closes down 300.
Well, I'm considering dumping some more money into my account. I got about $2,000 free right now.
Too bad TDAmeritrade forced me to sell SKF...I had 100 shares at $127.
But yeah...make some killings now.
Posted by Morpheus on :
no ..i have a limit order in place for now..it looks like i might have missed it..but ..thats how the ticker bounces!!
Posted by R1 Man on :
Wow....F at $2.42. BAC at $22.50. MOT at $4.91. WOW!!! Yeah, time to LOAD and bet the house.
Posted by R1 Man on :
This is something my father and I talked about. He thinks the BIG BOYS are flushing out all the investors by forcing them to take losses and run for Savings Bonds and CD's. Problem there is they sell for 50 cents on the dollar and FEDs lower Prime Rate. No real return on Savings Bonds or CDs. So then down the road the Retirement accounts get tired of less then 3% return and buy back into stocks and the BIG BOYS sell. Pretty sick but think about it. I believe its 100% true.
Posted by Morpheus on :
oh yeah..SKF..i got wippsawed yesterday and then bailed..took a 350 loss..and now its moving up again..iots a hard one to stay in when you have a couple of other longs and your metallity is "market long from here"..that seems to be my thinking..the only thing saving my ass here i X MSFT MON and WLT..UYG in long financials and once these settle down I think its up from here..i have been averageing down on F and its been killing me..maybe just once more from here
Posted by Morpheus on :
R1..i think your old man and I come from "old school" thinking..i have seen that when the fix is in ie; stocks downgrade as such..its because they want you to unload and them pick it up on the cheap..currently im really gunshy against financials after the WM bull they pulled 2 weeks back..that hurt me and it could very well happen again..im stickin with big solid companys (X MON MOS MSFT) i feel OK about putting large amounts of capital in them for now.. and a little dabble in ETFs..UYG is taking off right now
Posted by Morpheus on :
come to thik of it..you would like to think that GM and F (and WM) are included in solid companies..but ya just never know. auto sale are on hold right now due to the tight financing constraints..(at least thats what the TV puppets are saying)..and cars are way too expensive too. I guess its that way so the CEOs of these andothe companies can send their kids on a world cruise, or perhaps put another porsche in their 5 car garage..those schmoooozes
Posted by Morpheus on :
buying more F stock right here = slowly taking hammer out of tool shed, walking into house and stareing longinly into the mirror, and then relentlesly smashing in my brains..wouldn't you have to agree?
Posted by Morpheus on :
just bumped my limit order on UYG down to 9.65..
Posted by Morpheus on :
UYG hit my price..im on board 700 * 3.65
Posted by Morpheus on :
make that ..9.65..we are gonna have some last hour "breakin News" by the TV puppets and all will be well in mudville
Posted by Morpheus on :
im relly liking DE and EXM at these levels..farm and fertilizer has meen in the "good news" colume lately..i guess its the "unfreezing" of money for these products bringing them into favor exm is in shipping and available money is moving them too
Posted by Morpheus on :
look at the f*in BS..wholly molly..i should have gone golfing again today..
Posted by delgotit99 on :
Breached the 9000 mark .... let the panic ensue.
Posted by delgotit99 on :
Come on Bulls ..... hold that 9000 mark
Posted by Morpheus on :
just picked up anothe 300 shares UYG * 8.70
Posted by Morpheus on :
RELENTLESS...
Posted by Morpheus on :
there went 2 years of gains wipped out..ouch
Posted by Morpheus on :
Hey RAJ..did you loose your 25 bucks today? Posted by delgotit99 on :
This is insane.
Posted by Morpheus on :
im a buying maniac..maniac picking up f at 2.05 and msft * 22.12...ive gone crazy , somebody help me PLEASE
Posted by delgotit99 on :
Morph it will pay off ..... I just don't know when. Just depends how much pain you can take before you bail.
Posted by delgotit99 on :
erase *** and put b l og spot
Posted by Morpheus on :
i think i just might go on a long golding vaca and then take a look at things 2 weeks down the road..if there up great..if not..i might have to join the rat race and start at the fry machine for mcdonalds
Posted by Morpheus on :
"golfing vaca"...but that might be too easy..look at all the "fun" id be missing
Posted by Morpheus on :
delgotit..that is good stuff...but throw all that out the mindow..this is different and not "normal"..GM going out of business, bank going BK all over the place..I must be a TOTAL IDIOT..
Posted by Morpheus on :
im betting the "TV puppets" will save me...come on you puppets...throw out some fantastic spin
Posted by Morpheus on :
thsi is the market capitulation everyone wanted..right?
Posted by R1 Man on :
quote:Originally posted by R1 Man:
quote:Originally posted by R1 Man: Hmmmm.....They are predicting a 2,000 point drop this week. How is that for good news. My advice is cash.
Lets see how many it is so far. I know its over 1,000. Friday it was at 10,300. Now its at 9,163. Down 1,137. I say market closes down 140 points and Friday it closes down 300.
Looks like I will be right. 8,579 close. Down a total of 1,721.
Good time to drop some FAT Piggy banks back into the market.
Posted by delgotit99 on :
Everytime I think we are ready to rally we drop another 600 points. Once again I will be on the sideleines drinking beer in my lawn chair.
Posted by delgotit99 on :
SKF almost at 200. And to think I owned it a few weeks ago at 96. D'oh!
Posted by Morpheus on :
lets get it on...buy buy buy..on the dips..picked up DIG * 25.50
Posted by Morpheus on :
F is coming off the bottom..oh but you guys are are still just stareing at your screen with a bad case of rigamortis
Posted by delgotit99 on :
Long 500 shares F at 2.19 Stop is at 2.01
Posted by rajthebam on :
my god market is crazy...
Posted by delgotit99 on :
Screw my lawn chair this is exciting.
Posted by Morpheus on :
raj..good day for trading...take your pick
Posted by delgotit99 on :
Come on F ... break 2.20
Posted by Morpheus on :
im out of DIG ..took a little mola profit..
Posted by delgotit99 on :
UYG on the move
Posted by delgotit99 on :
F approaching HOD
Posted by delgotit99 on :
Out F with $100 gain. I need small wins to get my confidence back in this craphole of a market.
I had to bail before Bush speech.
Posted by Morpheus on :
buying more F at 1.91
Posted by Morpheus on :
hit my limit buy on DIG..for a 2nd time today..go baby go..100 shares * 23.90
Posted by Morpheus on :
to quote Neil Young..."ohh hey hey, Oh my my" we have made it to the last hour of fun and games ..what is instore for us today...i cant wait..
Posted by delgotit99 on :
Got lucky, I bailed on F at 2.40
Posted by Morpheus on :
just bailed on DIG 27.90...a cool 400 smackers in the craphole of a market
Posted by delgotit99 on :
Long 100 shares of UYG * 9.00 stop at 7.75. Keeping bets small.
Posted by Morpheus on :
yeah i went long on uyg * 9.50 and 8.75 yeaterday...and and anothere 300 at 7.90 earlier today..im ganna bail and hold on to the cash over the weekend...ive run out of funds in my portfolio if there is a good buying oppotunity..if it goes up from here ...then i still have stocks working for me..just not as much..this wait for clearing BS has my money on hold other wise its a "free ride" crap thing what a bunch of BS ..but thats there game
Posted by delgotit99 on :
These last 30 mins are gonna be fun
Posted by Morpheus on :
i think ill just offload half..thats 500 shares * 9.60
Posted by delgotit99 on :
I am stupid. I have no leverage right now. It's up or bust! DOW GREEN!!!
Posted by Morpheus on :
the DIG just keeps climbing..crap..missed out on more mola mola mola
Posted by Morpheus on :
dow up 85 and skf down 20 bucks..this is crazy ..
Posted by delgotit99 on :
"Taking it up to ludicrous speed"
DOW UP 300!!
Posted by Morpheus on :
hey hey , my my..the stock market... will NEVER DIE..there's more to the picture than meets the eye...hey hey..my my..
Posted by Morpheus on :
EVERYTHING is going UP UP UP except F geese
Posted by delgotit99 on :
UYG fading
Posted by Morpheus on :
my limit order hit * 9.63..on uyg..freeing up funds for next weeks follies
Posted by Morpheus on :
ive been in and out soo much..all my funds are "frozen" havent had this problem in a looooong time...this is total BS
Posted by Morpheus on :
currently im heavy long in 20% cash..50% MSFT and the rest spaced out on MON JASO X and lots and lots of F
Posted by delgotit99 on :
Most insane day I have ever seen.
I am 33% cash and long MOS and UYG
Posted by Morpheus on :
currently im heavy long in 20% cash..50% MSFT and the rest spaced out on MON JASO X and lots and lots of F
Posted by Morpheus on :
delgotit..those are good plays..your in good position IMHO..on another note...will somebody give some smelling salts to R1 to help revive him?? I think he may have passed out!!
Posted by delgotit99 on :
I almost passed out in the last 90 mins of trading. I have Monday off and markets are open!!!!!!
Posted by Morpheus on :
if anybody on this board give a rats ass..CPK and X amd WLT made tremendous recovery move in the last 45 minutes...i was too busy preserving my funds to pick up on WLT (darn)i have made some good mola on this in the past week..
Posted by Morpheus on :
gotta watch this and then tell me the market is not headed lower..all about money
Wow after reading b l o g s you would think Judgment Day is near. I have no idea what is gonna happen, but I would guess we will see more 1000 point swings like Friday's. If I make it back to 100% cash I may stay there a bit.
Posted by R1 Man on :
So....huge upswing today coming. Premarket bids 5-10% higher then close across the board.
Posted by R1 Man on :
So, what to buy....UAUA, F, GM, MSFT, INTC, BAC, DELL, AAPL, YHOO, DAL, AAI, GE, T, hmmmm....what else??
Posted by R1 Man on :
RIMM, CAT, JBLU
Posted by R1 Man on :
Missed F. Was going to load up more at $2.43 and now its at $2.80.
Posted by R1 Man on :
LVLT
Posted by R1 Man on :
In F again at $2.43 X-ing fingers. Off to play with my son. GL all!!
Posted by delgotit99 on :
Sold everything and bought 10 shares of DUG at $69.00 staying small until dust clears.
Posted by delgotit99 on :
Market was up 400 but nothing I owned really went up. So I am betting the market will tank by buying DUG.
Posted by Morpheus on :
delgotit..dig and dug is tied to the price of oil
Posted by delgotit99 on :
Yeah, if the market tanks, so will oil. DUG is double inverse.
Posted by delgotit99 on :
Got stopped out for $30 loss. I am out of here. +$125 on the day.
Posted by R1 Man on :
quote:Originally posted by delgotit99: Got stopped out for $30 loss. I am out of here. +$125 on the day.
Great to hear. I am up on F too Posted by R1 Man on :
Did anyone grab any ONT last week at $0.19?? Up at $0.2487 now. I almost did and would of if it didn't open at $0.22.
Posted by Morpheus on :
lightening my load a bit..took profit on MON 91.15
Posted by Morpheus on :
Today's Change: $4,322.01...looking good today..im trimming off my gains for the next pullback
Posted by Morpheus on :
im out of UYG +11% X +8% MON +16% JASO +18% currently hold 800 shares MSFT and 2500 F..looking to bail on these later today
Posted by Morpheus on :
time to take the money and run fellas.. and and wait for a pullback with more upside potential from here..IMHO
Posted by Morpheus on :
out of half my holdings msft 24.90
Posted by Morpheus on :
that was HUGH...missed out on some additional mola about $1k..but you know the saying ..better safe than sorry..
Posted by delgotit99 on :
I'll buy if we gap down, but the chances of that happening are slim.
Posted by R1 Man on :
quote:Originally posted by Morpheus: that was HUGH...missed out on some additional mola about $1k..but you know the saying ..better safe than sorry..
I'm sitting pretty!! F bid is $2.54 I'm about to get my MARGIN Privileges restored too .
So, they MSNBC puppets said that Ombamas plan includes allowing people to take money tax free out of 401k. Hmmmm....Just what the fat cats want.
So, did you play your DIG??? Gained over $10 today....or should I say yesterday.
I never sold my bike either. Will sell it in Spring unless I EBAY it.
I predict another gain of say 400 points today. Lets see....Monday was 900+
Ohhhh....ONT closed at $0.28....up 47% monday. I'm going to slowly load up on it as I take profits and add more funds to my account.
Posted by Morpheus on :
just took in 500 shares JASO * 2.87..its good for a big bounce
Posted by Morpheus on :
i mean 5.87..ooopps
Posted by R1 Man on :
quote:Originally posted by Morpheus: just took in 500 shares JASO * 2.87..its good for a big bounce
Congrats!! Wish I had got up early. Would of sold my F and jumped back in. ONT at $0.34 now. Up 79% from Friday.
Posted by Morpheus on :
raj..what have you found out on finviz?? you are our investment advisor on the "good deals"..
Posted by Morpheus on :
anybody trading today????
Posted by Morpheus on :
in into 300 shares WLT 31.85..this is a mover and shaker
Posted by Morpheus on :
thats my pick of the day...eeeehhaaaaww
Posted by Morpheus on :
picked up 100 shares of X * 40.75...there are some great picks out there fellas..it looks like its the morpheus show once again today..
Posted by Morpheus on :
does anybody else take notice that the dow is down 550 points and you guy got a bad case of rigimortis..
Posted by Morpheus on :
anybdy on this board ever heard of "buy low, sell high"..i dint think so...well last time i looked..stocks are low..dont let the TV puppets talk you out of making mola..now is the time to nibble a bit
Posted by delgotit99 on :
I tired that last week and it went down another 1000 points haha.
Posted by Morpheus on :
see thats exactly what im talking about..they have accomplishied what they set out for..fear
Posted by rajthebam on :
ha ha....
Posted by Morpheus on :
im in DIG 100 shares * 26.40
Posted by Morpheus on :
just a nibble here and there..thats the brass balls needed at this stage of the game..this sums up how i feel about "the man" today http://www.youtube.com/watch?v=QipAqdomO3I Posted by Morpheus on :
im liking MOS at the open..
Posted by Morpheus on :
in 200 MOS * 34.10
Posted by Gary59 on :
Morpheus, I have to admit you got balls and money to make with your picks... I know this is the market to make money and you are doing it , my problem is I dont have enough in my account to even get a margin acc let alone 25k for daytrade status, and even if I did I cant find the stocks like you seem to find.. Way to go Morpheus and keep it up, sounds like you will have a million bucks by the time this market turns around...And good posting for people who cant find their own picks..
Posted by Gary59 on :
Morpheus, i have a few questions for you ; Do you set a sell price or percentage as soon as you buy and do you just target a certain amount like $200.00 bucks then get out? Also what percent do you set as a stop loss? Thanks for any info..
Posted by Morpheus on :
i do not buy margin..only my own mola..as for picks..sectors are the way to go..just play what is moving with volume and buy on the big dips..now real formula..just try to preserve my total capital and if something pops up..i say to myself..what is the risk/reward from this point..i like the bigger quality compainies and the efts..like MON MOS POT MSFT X ..DIG DUG UYG SRS SKF,,also play the odds..after 5 big down days in the dow "what are the odds"..its luck and well as money managment..small percentage of your total portfolio at a time..if it goes against you..you say "boy, im glad I only had that many shares" if it goes your way..you find your self saying "boy, i should of had more"..take your profits when they are there and try to gain a feel for the direction overall..thats about it..lately, i have been buying too early and selling too early..missing out on lots of upside movement..but thats how it goes
Posted by Morpheus on :
jumped into MSFT 500 shares * 21.40
Posted by Morpheus on :
gary..it used to be pretty cut and dry..but just in the lastr 3 weeks ..all traditional thinking has gone out the window..things like "oil up' airlines down" and vice versa..this is because the airlines are hedged into contracts of oil at higher prices than from here cause oil dropped so quickly..GM and F.."are they going out of business" im betting NO..so buy on the dips..REAL ESTATE..buy on the dips and sell even little profits..build for the future and get a feel "if at all possible these days" for avoiding the BIG down days and when they come..nibble away to "cost average" try not to get too many different plays going at once..very hard to follow..quality and concentration of stocks..3 to 5 at any one time max..one play i really like is buy tons of MSFT on the big dips ..like today is a good example..so i just pumped 12K into..a very big % of my portfolio..but I feel good that they are gonna be around in the future..AAPL is a good play for this too..12K with a 10% up move up..thats 1.2K you now have to speculate on more risky stuff..
Posted by Morpheus on :
Gary..5K is a good base of funds to work with ..and just keep your buys no more then 1k a pop..build it up 1 to 2 hundred bucks at a time..if you want to play the day trade game..another strategy is put 50% into MSFT on a day like today..(kinda like money in the bank with a great return)it move slowly and not as labor intensive in watching the move, like other big swingers..and trade with the other 50% on more spec plays, being in tune to the "big picture" I follow site like finviz.com and ibankcoin.com, the fly is very arrogent, but a good source of ideas..he claims to trade millions of bucks, and changes his thinking quickly, hence his name.. on the "fly" ..on the thread..R1 is a great resource too..he might not think so but I value his input too..
Posted by Morpheus on :
im liking as a mid term spec play right at this point ...Ford..symbol F..i really did not think it would be back at this level on such a big pullback..but here it is..so im adding to my position right about now
Posted by Morpheus on :
added 500 shares of F * 2.07
Posted by Gary59 on :
Thanks or the info Morpheus,I have a 200 sh of F as well BUT I got in on dips the last 2 days with an ave pps of 2.47 including buy fees ,and I will have to hold , I am pretty sure it will go back up But ,with the market the way it is you never know it might be a few weeks.. I have been just trying to flip most of everything for the last few weeks for little gains here and there without holding much overnight, now i held F and its dropping again.. Thanks For all the info...
Posted by Morpheus on :
gary..you talk of buy fees..i know you are useing an online discount broker..im with scottrade, very happy with there platform..real time tick charts and good fills.. 7 buck limit orders..blah blah blah..if you are not ..get with them..
Posted by Morpheus on :
anybody notice ..UAUA is up over 50% int the last 5 days..WTF..boy did we miss the boat..IS IT going higher?? im long on oild at this point with DIG so UAUA would be a condrrary trade to this.. hmmm what to do what to do??
Posted by Gary59 on :
Thats who I use Morpheus , just 7 bucks a trade,, also help a little last week they gave me 7 free trades for signing up a neighbor to an account..so that was 49 bucks ahead as well last few weeks..
Posted by Morpheus on :
i have a boat load of F..im takeing a poll right here..who on this thread think that F is ready to expload to the upside more then the downside?..im thinking its the best priced stock in cyber vegas ready to make some BIG MOLA..thats why i got 5000 shares..(somehow thats how many i got into!!) im a buying maniac lately..its not my normal way to be but i cant stop..somebody help me, help me please! hee hee hee..
Posted by Morpheus on :
oh take a lookey now ..all you inflicked with rigimortisare getting reamed about now..the market is haveing a reversal and you are ALL missing the boat..get with the game fellas..
Posted by Morpheus on :
its looking like a follow thru day tommorrow..i added to MOS 32.90 and WLT * 32.80 just a bit ago tommorrow will be big..
Posted by Morpheus on :
its all closing at the highs..thats a great sign..IMHO
Posted by Gary59 on :
I am basically all in on a few diff stocks but since I dont have funds for at least a margin acc I am stuck with having to wait for settling funds and only 3 flips a week..That really puts a damper on my trading..I have brought my account up almost $400 in the last week flipping , but that gets tough when I only have 1200 now in my account. As soon as I get it up to 2k I will be able to get a margin acc..not that I want to risk money using the margin acc I just need to be able to flip more often..I hope then I will be able to get to making a few hundred a week with that type of acc. The only reason I say that is because like we said earlier I could flip some more stable stocks and higher priced stocks..I HOPE << I have lost a grand or so learning some of the ropes from everyone here on allstocks and I think I have learned who to not listen to as well.And I have not even traded in 6 months because I was alway playing pinks for big gains which always turned into big loses..I just got back into it the first of september and am trying to do more DD as well as learning patience.Last week I got in late and out early on a few because I would not wait jut 30 minutes....Thanks for the info..And more good luck to you Morpheus..
Posted by Morpheus on :
i guess its the morpheus show again today..you guys are all dealing with meetings and customer service and the likes..and me..i HAVE to go chase the little white ball around the field about now..I think i might take a cart today! godd luck to us tommorrow and i truly hope you do loose sleep over a bad case of the "woulda shoulda coulda's"...laters
Posted by Morpheus on :
Gary..right on..that "waiting to clear BS" shat is that all about..its just there way to make more money off your money..absolutly stay away from the pinks..thats an early grave..there is great mola to be made with the bigger boys..stick with mover on the ticker tape and be very very careful of what the TV puppets are blurting out..google just reported a big number and thats gonna be good for the market tommorrow..looks like morpheus was down most of the day but havieng reviesed my positions..im showing a paper profit of close to 3k..how the F did that happen.. Posted by Morpheus on :
"reviewed my positions..." (fat finger syndrome)..now its laters..
Posted by delgotit99 on :
Well executed morph. Looks like your patience has paid off.
Posted by Gary59 on :
Hey Morpheus, do you ever do options? I have been reading up and wonder if this market is a good time to try options?
Posted by R1 Man on :
quote:Originally posted by Gary59: Hey Morpheus, do you ever do options? I have been reading up and wonder if this market is a good time to try options?
I have never done options and tend to stay the hell away from them. You do options and it moves say a NICKLE the wrong way and your BROKE.
F....sitting on. Almost bought UAUA at $5.60 but bought F....F#*K!!! Ohhh well.
Yeah I know you think highly of me and I do to or I would of thrown in the towel a long time ago Morpheus. As a matter of fact, I bought a PS3 and the new Socom game as a reward.
Great plays on your picks Morpheus!! Your doing awesome.
Ok....MARGIN TRADING. It can MAKE you or BREAK you. It made me over $10,000 and then BROKE me over $28,000. So yeah I am down but not out. Morpheus is a smart guy and plays it well by not doing MARGIN. You can have MARGIN but I have learned not to drop all my BUYING POWER in the same stock because of the MARGIN CALLS.
Here is a ????? I had over $20,000. Imagine if I had that today and invested in this down market??? Especially with my RISKY TRADING....can we say $40,000 before NOVEMBER??? I think so.
Rumors at work is Chrysler is Bought out by GM and will be announced end of the month. Someone say it on WSJ today. So, the Big 1 and the HUGE 1. F and GM???? What gets me is GM book value is HORRIBLE!!! Ever take a look??? I think its like ($176)...that means 1 share is worth NEGATIVE $176.
Ok, Gary welcome to the board. There are a ton of BS people on the site but not in this trend. We have some great players in here. If you have time....like 4 hours....read the whole trend from the beginning. I know its a NOVEL but you will learn a TON and see who know's their stuff. My trading ways have changed and adjusted because of the market. My old ways of finding picks used to be AWESOME...Average return was over 20% in a month or so...sometimes less then a week.
Everyone on here contributes in some way even if MORPHEUS has taken the show lately but most of us know our stuff. (I have my son 6 days a week and can't get online)
So, why not take a few shots....as for some old school players on the site like Glassman, Peaser, and a few others. They know their stuff but haven't done very good with picks in the last 6 months. So careful there. They are excellent resources and Tex too. There are a few others that I respect but most of everyone else is BS!!! I am one of the oldest people on this site as for OLD SCHOOL. Matter of fact, I will break out my original name.
Posted by Bill2Drunk on :
This is my OLD SCHOOL NAME. Look at the Registered date. Sure not a lot of posts but I have been around a while.
Anyways....Oil keeps going down....the market should continue to rise
R1 Man
Posted by Morpheus on :
dude..i do options.. but they are not the ticket..and yes, if there ever was a time to make money in options its this big swinging market, but mostly you never make any money cause i cant put enough into them ..the spread is very tough to beat..it seems market makers for them will always keep the bid just below where you bought in the ask..while its true you can make big percentage gains quickly..it just once or twice to miss and all your money is gone..i have a total complete understanding of options..and i dont rely on them for income..right now i have 3 Jan calls on apple * 180 i paid 80 bucks each..just as a total gamble and if they hit im looking and clearing 250 bucks if not i loose it all..not this is more like black jack, which by the way you have 5 chances to loose befor you have 1 chance to win..for my money..i have tuned a good method that im always tweeking and improving..it works..so why change? here is a tip..stick to trading slightly in the money on the expiration week and be on the right side of the move..or else you loose it all..
Posted by Morpheus on :
thanx for the kudos R1..but you know it has been said.."Luck is what happens when preparation meets opportunity"..
Posted by Morpheus on :
soooo...R1 is offically known as bill2drunk?? me thinks you missed so good action yesterday and today..and the tea leaves are telling me, tommorrow friday will be huge and a great day to make mola..you know what i always say..I love love love cyber vegas!! and as for me taking the show..im just trying to generate excitement amoung friends and letting all know what im into.. win or loose..ultimatly each person is pushing the buy or sell button with there own reasons..
Posted by Morpheus on :
on a last thought...i have put limit sell orders about 10-15$ above todays closing price on 5 stocks i own and F at 2.99....just in case there is a big pop at the open..then buy back on the pullback..
Posted by Morpheus on :
10-15%
Posted by Gary59 on :
Thanks for all the info guys, I have been around on and off for a few years and I have sort of figured out who to trust and who to watch out for,almost. I am still trying to learn the discipline it takes to make good trades,one of my worst mistakes came from jumping into a run withou having any patience and calm down a little without having ALL of my money tied up into something.. Thanks for the info ...Good luck today..
Posted by delgotit99 on :
Pouncing on DIG and OIH if they get close to their 52 week lows this morning.
Posted by delgotit99 on :
**** it bought 40 shares of POT at 70.30
Posted by delgotit99 on :
Out POT +$100
Posted by Morpheus on :
my limit of 36 just hit on WLT and im out for now..im buying back in on a pullback hopefully
Posted by Morpheus on :
delgotit..what huge gap down on POT at the open..great catch
Posted by delgotit99 on :
Thanks, just wish I had more loot. $100 is nothing, but a $2.50 swing in the stock is a lot. Wish I had enough to buy 1000 shares.
Posted by Morpheus on :
jrcc has a ton of action this morning..bounced off a huge gap and still climbing..might be a play later on today
Posted by rajthebam on :
nice to see more people joining the board....this is good....Gary, R1 and morph have definitely been more than helpful and successful too....
Posted by Gary59 on :
Thanks raj , glad to be here and learn something, and make a little money..' F is up a little this morning hope it makes a little run up this morning..Just hit $2.35 it took a while to break that but maybe next level $2.50 EOD would be nice.....
Posted by Gary59 on :
Also DJIA Almost back in the green again today....wonder if it will stay there today?
Posted by Morpheus on :
just bailed on mos 34.65 and jaso 6.15..buying back later in the day maybe..
Posted by Morpheus on :
im currently holding DIG MSFT X and F ..might try to swing trade these too
Posted by Morpheus on :
i put in a limit sell 5000 of F at 2.55..then i will buy on the pullback..even a dime is 500 bucks
Posted by Morpheus on :
i just bailed on all 500 shares MSFT 24.80..looking for a pullback..no buys today..just banking my mola
Posted by Morpheus on :
really seems like we are ready for a big pullback..the TV puppets are trying their hardest to get lambs to buy into the market..its seems alot more then normal..hhmmmmmm...IMHO
Posted by Gary59 on :
Im getting ready to get out and in all cash, I will take a small loss now, and get back in next week but I have the same feeling that its gonna hit the fan at closing today..and would rather be in cash with small loss than hold for BIG loss.. I hope I am wrong but ,trying to play it safe...
Posted by rajthebam on :
gary, looks like a sound strategy...i sold my ABK for nice 300 dollar gain...and morph, you % lover, that was more than 40% gain in 10 business days....how's that for a day trader?
Posted by Gary59 on :
Good move raj,, I saw that on my list up 33% today but I have been leary of the fin market this week..I just got out of AIG with about $30. loss..I had flipped that one 3 times over the few weeks one time from 2 to 5 so I am ok with this loss but I will try to get it back next week..And also I am gonna sell some gold I have in the safe so I can get enough money up to change to a margin acc so I dont have to hold so friggin long to get out of something....
Posted by Gary59 on :
Oh and CIT is holding up good today with %37 now but had a high of $4.59 this morning..And I didnt have that either ...
Posted by Morpheus on :
raj...you found winner and did not let the rest of us in on it...you stock hog!!!
Posted by Gary59 on :
Hey Morpheus , did you get out of F yet?,,I might end up holding that one over the weekend. I am still undecided about that one but I had just got some yesterday and because of the clearing funds crap I might just hold, but I only have 200 shares now...and will clear monday so if it keeps it up today it might just make a better run on monday and t has been running sideways most of the day without big dips....JMHO..
Posted by Morpheus on :
this has been a real POS of a day and somhow im up over 1.5 grand...yeepiee...im all cash right now just bailed on F * 2.51..im putting in appx 13-15% limit bid for the open on monday JASO F WLT POT and MSFT * 23.40..if there is a bounce play im ready..and if not oh well..(hint hint)
Posted by rajthebam on :
my CDE is under $1 - can't believe it
Posted by Morpheus on :
you know you gonna have a great weekend when every stock was sold fpr a profit and closes lower than your sale price on friday...woooohoooo...im feeling a down day monday with some continued big swings..that is why i played limit open orders of about 15% on some big movers..
Posted by Gary59 on :
Heres one to watch monday AXP it had almost a 3 buck swing on friday and expected to have a good 3Q report come out on monday of .59 cent per shr..
Reporting quarterly earnings after the market closes on Monday, American Express (NYSE:AXP - News) is expected to report earnings per share of 0.59. The Short Term PowerRating for AXP is 5.
So maybe it will swing good again monday I am going to watch and try to pick up a few shares monday for a flip..But not sure how many have to check account for free cash.. Just my opinion..
Posted by Gary59 on :
I have a question:::How come Cramer can get away with charging for a website to get his personal picks BEFORE he says them on his TV show..Then I know that he runs the stock up gets out and has not been in trouble with the SEC...To me he gets away with a public PUMP and DUMP and then has people paying him for using his picks on his tv show..I think he is one of the major contributer to the market dump last monday when he got on TV and told people to GET OUT OF THE MARKET NOW the market takes a dump then he bottom picks, I know its been great for flipping and he has made millions by doing that BUT didnt a guy by the name of ***** or something get fined by the SEC a few years back for basically doing the same thing he just used a newsletter or website to do the same exact thing.. I have never followed cramer but I do have a few friends that USED to follow him to the letter, and they lost money...And now will flip out when they here his name , My opinion is they should not have followed the guy like a god anyway and they should do their own DD , but they did and its their fault.. Just my opinion and it might be posted on the wrong thread but I wanted to know what you guys think being swing traders and knowledgable traders about this guy.....
Posted by 2fatherof on :
AVR looks like a good one
Posted by Gary59 on :
OK another Monday morning and they are running everything up pre market like they did last week then dropped like a rock 20 min after opening bell..... Only thing I have holding is F right now and might get out of that this morning if it runs up a bit..
Posted by Gary59 on :
Hey raj ABK is running up good this morning pre market already over 1 mill shr traded and up almost .50 ps....I might get some on a dip it had a good up and down swing last week..and volume is up so far...
Posted by rajthebam on :
yup ABK does look good...i would wait for it go below 2.50 though...i should have waited on this one but panicked oh well there is always a next one
Posted by Gary59 on :
Raj I have been watching and it hasnt dropped enough for me to get in, I have a limit buy in for some AXP as well it had been going up and down up to 3 bucks a day lately so far today it had a low of 22.87 and a high of 24.09 but waiting to get in at about 22.85 that seems to be bottom for now,,
Posted by Gary59 on :
AXP pre market trading up to $25.43 so far, thats up $1.10 since close yesterday..
Posted by rajthebam on :
AXP is definitely solid pick and has taken off nicely fm when you first mentioned....wish i had more mola to put in....buffett is right about going long for equities right now...stocks are cheap....be greedy when others are fearful for sure.....
ABK is coming back down so try to get in around $2.50 mark..not a bad one at that price....
I am also looking at F right now at 2.25....if it goes to around $2.10 its time to get in
Posted by Morpheus on :
im into DUG 100 shares yesterday at the close 42.25 and another 100 just now at 42.80
Posted by Morpheus on :
also have a limit order open from friday gtc.. buy 2000 F at 2.20
Posted by Gary59 on :
You might get it on the 2.20 for F morpheus, New out that Major holder is selling his shares and also a walkout on the london factory over all that has happened latley;;
Billionaire investor Kirk Kerkorian sold part of his 6.5 percent stake in Ford Motor Co and could sell the rest of his stake in the No. 2 U.S. automaker, Kerkorian's investment vehicle Tracinda Corp said on Tuesday.
I still have some shares of F but I still think it will be going up in the next few weeks, they cant keep the company down this far and also they are asking for gov help to keep them going , they are raising money by shutting down the ranger plant for a few months , bad news about laying off people but it will generate cash for the company and thats what the stock needs now is liquidity..
Posted by Morpheus on :
Gary, thanks for the info on F
Posted by Morpheus on :
the pupppets are talkin about F on the tume right now..i lowered my buy to 2.17 1000 shares..it does not look lake a mover and shaker these days..im liking other movers to park my mola
Posted by Morpheus on :
on the tube...
Posted by Morpheus on :
im long F 2.17
Posted by Gary59 on :
I agree F has been slowing down quite a bit this last week and not moving at all like it was ,, I jst wonder if all of the news out on it is going to get it rolling again if not I am out again...But will keep it on my list..
Posted by rajthebam on :
morph..i know u got in nicely on DUG but DIG looks like better deal now that market is tanking - what do u think?
entry at 33.00?
Posted by Morpheus on :
raj..you need to know exactly what DIG and DUG are tied to and why they move..i suggest you do your DD on these before jumping in..
Posted by Morpheus on :
AXP down almost a buck pre-market might be a flipping day.. JMHO
Posted by Morpheus on :
if anybody sees a stock that takes a big gap down at the open ..post it here so we can all take a stabb at it..ok?
Posted by Morpheus on :
i have in place from yesterday limit buy orders for jaso msft wlt jrcc..all at appx 15% below the current price..trying for the spike down rebound.
Posted by Morpheus on :
i just picked up 25 shares SRS st 139..just for kicks cause this is a crazy opening
Posted by Morpheus on :
lots of stuff spike down..would you not have to agree? now what to do? what to do?
Posted by Gary59 on :
Looks like everything on my list is down right now....DJIA down 232 already..
Posted by Gary59 on :
The only thing up on my list is WAMUQ which I know you wont fool with, but up from.052 to .0615
Posted by Morpheus on :
gary..what is on you favorite list? im looking to grab nov msft F wlt jaso mos mon and also play with dig dug today..what im feeling is ..this could very well be a washout day with the dow really tanking most of the day..and then reversal??
Posted by delgotit99 on :
I am averging into UYG
Posted by Morpheus on :
actually i own 1000 shares from pre bankrupt prices..so thats good news..but you are correct..no more shares added for my taste
Posted by Morpheus on :
uyg..thats a good play ..i like it
Posted by Gary59 on :
My list has AXP GE MSFT NCC has had a lot of smaller bounce every day this week TMA ABK waiting for 2.50
I dont have enough money in my account to check for bigger stocks at this time , if I can get my acount up I am going to quit fooling with small , volotile stocks.. But might have margin account in a few weeks that will help..Good luck today Morpheus not sure what today will bring , maybe another bottom you never know ..
Posted by Morpheus on :
what up with bill2drunk??? where you be?
Posted by Morpheus on :
just small dabbles at a time ...capital preservation is the key at this point..taking small jabbs here and there
Posted by Gary59 on :
Nad NCC has already had a 2.89 to 3.09 swing in the first 30 minutes of trading today..would have been a good flip if I had the cash..
Posted by Morpheus on :
i just hit my limit order on 300 MSFT 22.30
Posted by Gary59 on :
Good luck on MSFT it has been good for flipping this week too..
Posted by Morpheus on :
ahhhh...no mola...that could tend to be an issue on a day like today..bummer Posted by Morpheus on :
i just bailed on DUG 51.55..might jump into short term DIG
Posted by Gary59 on :
Seems like every day thats good for flipping I am stuck with no cash or settled cash.... No Margin acc sucks (and no Money either)
Posted by Morpheus on :
just play small ..key trades..and cover your cost and build the account..that is all you can do at this point..
Posted by Morpheus on :
i just dabbled into NOV 100 at 26.70
Posted by Morpheus on :
just hit my limit buy of 100 DIG 28.55
Posted by delgotit99 on :
Still averging into F, UYG, and NOV. Average cost =
F 2.16 NOV 23.90 UYG 9.62
Posted by Gary59 on :
UYG looking good Delgotit,, might grab some next week f still down still holding a few and dont have cash now.... How does everyone have the patience to sit and watch and due research all day in front of the computer? Mna thats what I need to learn is patience on these, I cant wait for EOD to see if things will run a little but cant seem to keep occupied while waiting, only so much research can be done when waiting for funds to settle ......... other than posting my usless info on here....... Posted by Gary59 on :
Well I do have to add that a LOT of buys coming in for F today at these lows it has not swung much today but looks like it is getting ready for the end of the week or Monday ...... I am still holding at 2.47 ave now so a little waiting into next week might work ...so I will take another valium to ease the pain here this afternoon,, See what I mean about useless post...
Posted by Morpheus on :
just hit my limit buy on 100 WLT 31.50 im slowly tapping into longs..
Posted by Morpheus on :
gary..your post are not useless..it brings humor to an other wise seamingly crappy trading session
Posted by Morpheus on :
just bailed on SRS 147.75 took a little profit..
Posted by Morpheus on :
geeeese...up another 2+ points..this is tuff today
Posted by R1 Man on :
quote:Originally posted by Gary59: My list has AXP GE MSFT NCC has had a lot of smaller bounce every day this week TMA ABK waiting for 2.50
You need a new list. You can keep MSFT and GE which is a SLUG stock. I haven't looked at AXP or TMA but the others are no good.
I have my son Monday-Thursday during the day so hard to get on here. So no trading for me....just holding F.
I am thinking Morpheus picks of DIG/DUG are all I am comfortable with playing with since the market is just RETARDED!! Think about it.
Posted by Gary59 on :
Thanks R1, that helps a lot and I know I need to thin out the group a bit for more movers, just gets hard to diversify with 1k in the market now.. I am doing ok ,even though I only have 1k in acc I started with around 600 in the last 3 weeks now , but like you say this market is nuts to play and hard to get quality stocks without dumping my whole account into 1 stock,, but that looks like what I am going to have to chance until I can get the acc up, still working on getting rid of a few k worth of stuff around the house to get into the acc and get at least margin status , that will help me get in and out quicker.I dont want to chance money using the margin , just need it so I can get out of something quicker....
Posted by rajthebam on :
in for DIG 20 shares x 29.50
should have waited for even lower dip...
Posted by Morpheus on :
just chipped into MSFT another 100 at 21.40..
Posted by Morpheus on :
raj...dig is at 27.30...your broker is rippin you off
Posted by Morpheus on :
hey RAJ RAJ ...take a lookey...be greedy when others are full of FEAR!...this is as good as it gets
Posted by Morpheus on :
dow down 680 and falling
Posted by Gary59 on :
DUG has been a monster today....up over $10. so far wonder what EOD will bring..
Posted by Morpheus on :
picked up UYG at this fire sale..300 shares 8.35
Posted by Morpheus on :
yeah is sold both srs and dug waaaaayyy too earily..but hind sight is 20/20 and step right up and take your best bets here in cyber vegas
Posted by Morpheus on :
uyg is a monster bounce right now..if any body give a crap im adding to MSFT too
Posted by Morpheus on :
somebody help me...my fingers have a mind of there own...I CANT STOP MR. SPOCK..its nothing but buy buy buy...i am sounding worse than cramer
Posted by Morpheus on :
ahhhh...im getting blisters on my finger tips...its nothing but uyg wlt dig msft jaso nov...adding to my already crazy amounts of position...oh wait its all over ..that was 10 minutes ago..what a pop would you not have to say??
Posted by Gary59 on :
quote:Originally posted by Morpheus: somebody help me...my fingers have a mind of there own...I CANT STOP MR. SPOCK..its nothing but buy buy buy...i am sounding worse than cramer
Yep and SCOTTY I NEED MORE POWER Posted by Morpheus on :
looks like a mixed opening..another great day to take home some serious mola!..let the trading begin im long msft wlt f jaso x uyg nov dig..it seems i went a little crazy yesterday..so now im praying to the stock gods...
Posted by Gary59 on :
MSFT expects good earnings today so that should make it good for you with MSFT today , Good Luck
Posted by delgotit99 on :
quote:Originally posted by Gary59: MSFT expects good earnings today so that should make it good for you with MSFT today , Good Luck
NOV too
Posted by Morpheus on :
thanx..the good earnings thing..that was my premise for jumping into those..
Posted by Gary59 on :
Looks like its gonna be another crazy one today WYA ..... I am gonna clear out to cash today and get rady for next week,if things pop..
Posted by delgotit99 on :
Sold NOV made $50 (only had 20 shares)
Posted by delgotit99 on :
This rally is weak. I am going all cash as well.
Posted by delgotit99 on :
Crap wish I had some money freed up for UYG.
Posted by Morpheus on :
just bailed on WLT 36.10..for a nice profit..looking to jump back in on a pullback
Posted by Morpheus on :
bailed on DIG 30.25...looking for a dip
Posted by Gary59 on :
DUG is taking a nose dive this morning....had a low of 47.27
Posted by Gary59 on :
DUG back up to 53.00 from 47.27
Posted by R1 Man on :
Dig is buy. SKF is short. DUG....stay away.
I need to point something out. With the election growing near. I would advise everyone to go CASH. Reason is, sure Obama is picked to win but if McCain would win, stocks will drop even further. Everytime we have an election, the market gets NERVOUS and its SELL SELL SELL. So be careful with what you play at this point.
If OSU beats PSU, I will have another $1,000 to drop in my account so GO OHIO STATE!!
Posted by Morpheus on :
got into JRCC 300 15.20...the fear factor is in play with the market right about now..
Posted by R1 Man on :
quote:Originally posted by Morpheus: got into JRCC 300 15.20...the fear factor is in play with the market right about now..
Bad play Morpheus. Lets say we look at the chart trends. The 3 year chart shows a decline until the end of the year. I think it will drop down to $11 a share before December....maybe even as low as $7.50.
Posted by R1 Man on :
V...$47.22. Add to your watch list. Should be able to jump back to $58-60 after the election. But might go as low as $42-43.
Posted by Morpheus on :
R1..just playing for a mid day bounce..on JRCC appx half point would do fine
Posted by Morpheus on :
added to my F position another 200 shares..Why not?
Posted by Gary59 on :
I cant believe F is under $2 right now.. I still have a few hundred sh to go long on ,,
Posted by Morpheus on :
everything is poppin upward right now...wooohooo
Posted by Morpheus on :
the dow is really captulating every 2 minutes..geese..up 35..down 35..up 40 down blah blah blah..
Posted by Morpheus on :
wow o wow it another thriller here in cyber vegas ladies and gents..step right up and place you bets..somehow my account is up another 1200 big ones ..how the F did that hen?? and im kickin myself for missing some limit buys..just by a penny or 2..DIG and MSFT at there lows..darn..but take the mola and be happy..now for some MSFT news and things will really get interesting..
Posted by delgotit99 on :
Today is gonna be ugly. Any bets on reaching 7500 today?
Posted by delgotit99 on :
grrrr I wish I could trade premarket. F was down to 1.80
Posted by Gary59 on :
delgotti who do you use for trading? Most trade acc will let you put in pre-market trades.. I have scottrade and they let you place pre-market trades..
Posted by delgotit99 on :
Using zecco this month b/c they have free trades all month. I do have a scottrade account, but money is over at zecco.
Posted by Gary59 on :
oh OK..never tried zecco,,I just put in a pre-market ford a few more F ing shares at 1.80 to average down a bit..
Posted by delgotit99 on :
Zecco is barebones at best, but I couldn't pass up free trades for a month. Yeah I plan on using most of my 70% cash to do a little bargain hunting today.
Posted by delgotit99 on :
My average in F is 2.16. I will bring that down today.
Posted by Gary59 on :
Looks like it came bacck up a little back to 1.85 but it might dip back before open, or even after open OR wonder if they will shut the market down because of it dropping so low,,not sure if they add pre-market drop to their market stop or just after it opens? Not sure but looks to be interesting today..... Posted by Morpheus on :
looks like im major F'd today..waaaaahhhhh
Posted by Gary59 on :
IF i get some this morning I will still have 2.20 average,, which sucks,,means I need to hold a little longer or take a loss next week if it doesent head back up...
Posted by delgotit99 on :
"The Dow Jones industrial average futures fell 550 points, triggering a halt in selling of stock future contracts."
From yahoo finance front page.
Posted by Gary59 on :
Morning Morheus,, did you get out of MSFT yesterday? I hope so but looks like it will be LOW today.... And when do they halt trading on the market? do they count the 550 pre futures or just the regular market drop if they halt trading?
Posted by delgotit99 on :
Good question gary, not sure. I would guess just regular market hours though. I see blood in the streets and will buy.
Posted by Gary59 on :
Today is going to be BLUE LIGHT SPECIAL DAY if you have cash...
Posted by Morpheus on :
buying opportunity of a lifetime???
Posted by Morpheus on :
gary..my biggest holding is MSFT..thought the earnings report would be a good thing..also cut in oil production would be good too..my second biggest is UYG and NOV..im still 60% cash so it could have been way worse..i just put in a limit buy MSFT at 16 just to see
Posted by Gary59 on :
Not sure , some people are calling this the bottom some say we still need to hit a lower bottom , I am not sure , I try not to figure what the DOW will do anymore just when you think its bottom pow we get hit again...IF this is bottom then I think there are a lot of buys of a life time , but it almost like chasing a stock down sort of like I have with F,, I still have hope that they will let i get that far down but you never know anymore..
Posted by delgotit99 on :
Might nibble on some UYG and FCX today. Any idea's?
Posted by delgotit99 on :
bot 50 UYG at 7.27
Posted by Morpheus on :
delgot..you bot 10% of what i sold..
Posted by Morpheus on :
anybody see some good buys out there? Posted by delgotit99 on :
Thanks for the good price!!
Posted by Morpheus on :
this brings back memories of "black monday"..the market dropped real big on friday..just like today..and everybody was saying..that was it that is the washout we needed..people were jumbing into the market the last hour friday..and then Monday came and really took a dump..they say ..history repeats itself so caution is key..
Posted by delgotit99 on :
I believe if we reach -10% they halt it for an hour. We are at -5% now.
Posted by Morpheus on :
im flippin right about now..i had stop loss order in place for 3 of my stocks and nothing picked up ..nothing..waaas that about?
Posted by Gary59 on :
Not sure MMs are not picking a lot of things uo this morning , I had pre market buys in for F and I got nothing and now I am not sure if I will even buy anything today ,,,Just might sit back and look a while until it calms down a little ....
Posted by Morpheus on :
im thinking the slow trading right now is "head fake"..this thing could go down 1000+ by the days end..im holding for now..already got shaken out of NOV and UYG..i consider it to be the cost of insurance..blah
Posted by Morpheus on :
hey..my JRCC stop just picked up 15.80..but that was on a bounce higher..hey ill take it..
Posted by Morpheus on :
ya know..im not looking too bad..just gave back most of the last 2 days gains..so im not complaining..at this point..im taking the wait and see..cause there is always time ahead to loose my mola..my plan at this point is to stop this nickle and dime trading BS and wait for MSFT to really tank..then buy in 20K lots maybe starting monday afternoon..could change my strategy..but thats my thinking for now..the DIG is good for small buys too..
Posted by delgotit99 on :
Yeah I am done. Made $50 on UYG. I will just average down on F the rest of the day.
Sold UYG at $8.11
Posted by Gary59 on :
you timed that right delgotti...
Posted by Gary59 on :
I just put in a low buy for more F at 1.75 just in case it does drop that low..
Posted by delgotit99 on :
Thanks gary. For now I just take $50-100 profit because I have a small account. I have a limit in for F at 1.85.
Posted by delgotit99 on :
What is a good indicator for F?? Is doesn't seem to follow the DOW at all.
Posted by Gary59 on :
I'm thinking a little more on the lines of what Morpheus says about , a fake friday,, so I am betting it gets a little lower than 1.85 because it has already hit 1.80 pre-market..JMHO
Posted by Gary59 on :
I dont know anything as an indicator for Auto industries other than gas,steel,sales,but in this market the only thing that I see trading with the market are the reg ETF fund , DIG DUG ,QID QLD,.. One thing that I have noticed over the last few weeks since I have not changed my list yet is TMA thornberg seems to Always head up on a down market today all is red but TMA is up %21 so far ....closed yest at 1.53 low this morning 1.35 and a high of 1.99 I knw it is a low cost high risk stock but it has seemed to go up on bad DOW days..Just have to watch it all the time if you have any...
Posted by Morpheus on :
just hit my stop limit order place yesterday on MSFT..ill take it..out at 22.10
Posted by Gary59 on :
OK guys ,, I am going to get aaway from here for a while my head hurts ..I am in cash other than F and made 10 bucks today,,,,,yes 10 dollars.....arrrrggggg....
Posted by Morpheus on :
right on Gary..10 bucks..yoo hoo..im investing in excedrin and bayer asprin manufacturatures
Posted by Gary59 on :
Well just spent my 10 bucks on asprin better buy tylenol stock.....gonna go up .000000000001 after that rush.. I havent checked but I wonder what the major beer and liquir stocks will be doing I bet they go up this economy...
Posted by Gary59 on :
I had tottaly forgot about the BUD sellout heres news ....It could be good for a hold ::
By Anjali Cordeiro Of DOW JONES NEWSWIRES
NEW YORK -(Dow Jones)- Anheuser-Busch Cos. (BUD) shares fell further Friday and traded nearly 20% below the proposed price of the InBev (INB.BT) acquisition on continued jitters about the deal, while InBev reiterated that it was committed to the acquisition at the agreed upon terms. Anheuser-Busch was recently down 1.8% to $57.10, after falling as much as 6.5% at the start of the trading session. "We remain fully on track to close the A-B InBev combination on the agreed terms by year end," an InBev spokeswoman told Dow Jones Newswires via email. InBev agreed to buy Anheuser-Busch for $70 a share in cash in mid August. An Anheuser-Busch spokeswoman didn't immediately comment. As credit market have tightened, most pending deals are trading at wide spreads on concerns about their financing. The companies have had some hiccups. InBev recently said "unprecedented volatility" in capital markets has forced the company to delay raising new equity that was intended to help fund the deal. At that time the company said it still expected to complete the purchase by the end of the year and instead of raising equity, the company would rely on a bridge loan, which expires six months after the deal closes. Traders also point to other factors in play. One arbitrage trader said many investors are selling stocks like Anheuser-Busch simply because they need the cash. Some analysts have expressed optimism that the deal will still go through. Stifel Nicolaus analyst Mark Swartzberg in a note last week reiterated his "Buy" rating on Anheuser and said he continues to expect the deal to close. -By Anjali Cordeiro, Dow Jones Newswires; 201-938-2408; anjali.cordeiro*dowjones.com
Posted by Morpheus on :
2 stocks i have been watching gaped down like everything and are now up a good amount..FO and CIEN
Posted by Morpheus on :
im setting up 15% bounce plays for the monday open..on MSFT and UYG if they hit cool..
Posted by Gary59 on :
Hey Delgotti, did you get any more F stock? I thought it was going to head on down more changed my buy to 1.85 still havent been hit ..35 minutes left in the market today , just turned the tube on to see what FNN has to say and like all of them DOOM AND GLOOM all markets around the world today but looks like US held up pretty good...But Like Morpheus said in an earlier post ,,might need to see whaat aftermarket today and monday brings....
Posted by delgotit99 on :
No I missed it too. Lowest F got was 1.89. My limit was at 1.85. You guys should check out wallstreak.com too
Posted by delgotit99 on :
WOO HOO!!! F at HOD
Posted by Morpheus on :
also GTC orders on WLT 26.75 and F 1.75 just for kicks on what will be an interesting monday for sure actually, i can out of today with reletivly only minor loss.. gave back just what i made yesterday..lucky..im now 90% cash with some crazy buy orders in place..
Posted by Gary59 on :
Good Luck Morpheus,,I have a few low ball orders in as welll for monday might even change them to after hours too..
Posted by Gary59 on :
Look at all of the run ups trying to get the dow back even or in the green today....
Posted by Gary59 on :
Well its not gonna make it ..still 320 down..
Posted by Gary59 on :
As harrowing as the U.S. stock market's plunges have been in recent weeks, they've yet to be been enough to trigger the "circuit breaker", or trading halt, mechanisms that result in an automatic timeout in trading.
The Big Board implemented the automatic halts after the stock market crashed in October 1987 to force traders to take a break from frenzied selling.
The Dow Jones industrial average would have to fall 1,100 points in a day to trigger the first halt.
If that decline is reached before 2 p.m., the market will shut down for an hour. If the threshold is breached between 2 p.m. and 2:30 p.m., the halt will last 30 minutes. No trading stops would take place if the plunge occurs after 2:30 p.m.
If the index were to fall 2,200 points before 1 p.m., the market would close for two hours. If such a decline took place between 1 p.m. and 2 p.m., there would be a one-hour pause. The market would close for the day if stocks sank to that level after 2 p.m.
In the event of a 3,350-point decline, the market would close for the day, regardless of the time.
Posted by delgotit99 on :
Looks like another "blue light special" kind of day.
Posted by Gary59 on :
Good Monday morning all: Well I wonder what today will bring ,I have a market ord in for a few MSFT at 21 to see if it dips this morning ,,F is getting in a few pre-market even trades this morning,at least not down yet.. Gonna keep an eye on TMA and ABK they where up %20 on friday with a red day , I dont see it dipping this morning like it did Friday though , but I am not going to get in unless it has a good dip either pre market or at opening.. Good luck today
Posted by Gary59 on :
There it goes TM dropped bid to 1.63 trying to get people to sell ,, wonder it they can bring in down, if it goes down around 1.50 I will get a few ..
Posted by Morpheus on :
anybody trading anything? and..what are YOU watching that is moving? im watching NTRI AND PPC..i will buy into DIG on its next dip toward 25.65
Posted by Morpheus on :
R1.."If OSU beats PSU, I will have another $1,000 to drop in my account so GO OHIO STATE!!"
sorry for you dude..that was a close tuff game, they said, first time ever PSU won in that stadium..geese hope you are missing the layoff at the plant..cause the news here make it sound real bad..so i feel for ya
Posted by Morpheus on :
todays market action is putting me to sleep..."yaaawwwnn"
Posted by delgotit99 on :
Everyone is just sitting around waiting for something to happen. I bought me 100 of UYG at 7.90
Posted by Morpheus on :
i heard that christmas is going to be cancled this year due to lack of interest...that must me why MSFT is down ..slow Xbox sales..but Target is bounceing nicely off its yearly low today..go figure
Posted by Morpheus on :
C is looking pretty tempting at this level...with the interest rate cut rumor and all for tommorrow..anybody hear any interesting news?
Posted by Morpheus on :
not that this does us any good...most all shopping stocks are up 5%+ today..hhmmmm
Posted by Morpheus on :
just jumped into NTRI 300 at 11.35
Posted by Morpheus on :
just bailed 1000 shares JASO 4.06...will buy back on the bounce
Posted by Morpheus on :
im out of NTRI 11.55...seems to have stalled for now ill take my mola and run
Posted by Morpheus on :
fricken ford..i had a limit sell at 2.10 and missed it by a penny..geese now its pulledback down 5%..
Posted by Morpheus on :
jumped back into NTRI 400 at 11.29
Posted by Morpheus on :
i guess everybody is at their "monday morinig BS with the boss BS meetings" today...sorry.. and its just the morpheus show once again..still managing to make a little (very little) mola out of this POS market today
Posted by Morpheus on :
the last hour follies are comming up...whats it gonna be today...down 500+ from here...???
Posted by Gary59 on :
Hey Morpheus I just got back had to go have a septic tank pumped out on a rental house... I had a buy in for MSFT at 21 but didnt get hit missed by .03 , maybe tommorow.. Does look like a sideways day today
Posted by Morpheus on :
im thinking a big drop at the open tommorrow (but htats how i always think these days) so i have my limit buys in place for the open..15% from the close today..MSFT WLT UYG and F ...
Posted by Gary59 on :
Well it looks about like what we just pumped out of the septic tank today.. I am going to let a few things clear from friday trades , and see what will happen the next few days, I am really surprised the market did not go down further than it did today , forein markets died and we usually follow,, so it migh e a good thing that I have to what for clear money,
Posted by delgotit99 on :
Hopefully all that bargain hunting will pay off today. I will sell my UYG and F by closing bell.
Posted by Gary59 on :
Morning All, I will be in and out all day and am stuck with unclear funds, picked up some AIG at 1.40 yesterday.Holding F still...so I am holding till tommorrow.. Good luck today..
Posted by Gary59 on :
Looks like F is trading UP this morning so I might get out of F this morning..If I can get up a bit more though..
Posted by Gary59 on :
I wonder if today is going to be a Head-fake as Morpheus calls it , everything I see is up %15 to %20 pre market this morning...Hope they dont get everyone in just to dump the whole thing and bad thing it I have to be gone most of the day today... Posted by Gary59 on :
I dont know whats up but a LOT of buys coming in for AIG at $1.59 and closed yesterday at $1.35..Hmmmmm looks like something is a brewin....arrrrr
Posted by wallymac on :
Watch BPZ and PBR today. Both look decent for entry and worth holding for a week or longer. Could be nice for daytrading too.
Posted by Gary59 on :
Whats going on market is up over 300 points this morning?? Thats unusual...Any guesses on a Up or Down day.. Place your bets ....
Posted by wallymac on :
I say up day.
Posted by Morpheus on :
just logged on..my limit sell on F hit at 2.20..im out for now..will buy back on the bounce
Posted by delgotit99 on :
quote:Originally posted by Morpheus: just logged on..my limit sell on F hit at 2.20..im out for now..will buy back on the bounce
Sold my F at 2.21 as well
Posted by Morpheus on :
ive had a limit buy on WLT at 6.80 for a few days now..its getting ready to hit..
Posted by delgotit99 on :
Thank God I bailed on UYG!!!!
Posted by Morpheus on :
it hit PPC at 1.75..im in
Posted by Morpheus on :
i picked up another 1000 shares of PPC at 1.52 trying to avg out..arrrggg...this is a regular POS
Posted by BooDog on :
quote:Originally posted by Morpheus: i picked up another 1000 shares of PPC at 1.52 trying to avg out..arrrggg...this is a regular POS
no doubt. imo you can put a dream bid on just about anything with a GTC and who knows, ya just might get it. Still might get screwed but...
Posted by Morpheus on :
aggreed boo..i have been hitting some low GTC bids and it hits and then goes up a little..and then seems to just die a slow death from there...ticking down very slowly tick by tick by tick...WTF is with this market..i might just take the ol saying.."when the market is weird, go golfing" ..oh thats not an ol saying....OK then..its a new saying
Posted by Morpheus on :
F'in PPC just hit a low of 1.15...thats down about 50% for the day..what up with that?
Posted by BooDog on :
Very good time to go fishing M8. I took some at 1.4 and saw it drop right away to 1.21 lmfao. One way to turn a short flip into a longer swing.
Posted by BooDog on :
quote:Originally posted by Morpheus: F'in PPC just hit a low of 1.15...thats down about 50% for the day..what up with that?
Guess I didn't look up fast enough to see that truck coming. They have their financing waivers or whatever they are, MM's are just playin us now. LOL people runnin for the hills!
Posted by Morpheus on :
Boo...id say we had the right idea..wrong execution..on the PPC..crap
Posted by Morpheus on :
just tho throw this out there...SIRI had some serious action the last 2 days...im thinkin if it retest the .20 low ill just pop 2k into it for kicks..
Posted by Morpheus on :
the news puppets on CNBC just talked about PPC..saying htey stated that they need a liittle n=more time to repay some interest payments..thats todays story..so that explains the high drop..but its clawing back now
Posted by Morpheus on :
im taking my 400 buck profit on WLT and gonna buy back on a pull back..out at 28.65
Posted by Morpheus on :
just put a buy bid for COIN 200 at 6.40..just to see cause of a positive story just came out...hmmmm
Posted by Morpheus on :
i picked up 100 shares of DUG at the ..what i thought would be the close price....43.75..and 10- seconds later dropped to 43...just a a pure spec play for tomorrow..
Posted by Gary59 on :
Well I was out most of the day and AIG hit 1.83 while I was out but had a sell in at 1.69 ,,,arrrggg I hate leaving during a run,,
Posted by Gary59 on :
What a day to have to be away all day......but now I applied for margin acc status today, so next week will be better....I hope>>>
Posted by Morpheus on :
why the F didnt anybody on this thread tell me about DIN last friday?? comon guys i need input..
Posted by BooDog on :
quote:Originally posted by Morpheus: Boo...id say we had the right idea..wrong execution..on the PPC..crap
My TA indicates we channel around 2.10 if we can get back above the 2 mark that is lol. I can live with that. Get a decent bounce and I'll take it!
Posted by BooDog on :
check out DPZ 4.97. Another one that ignored the rally yesterday. Couple indicators look to dip it even more - one for the radar eh?
Posted by Gary59 on :
HMY jumped big yeaterday at close has been $10.80 ten days back, gonna watch for a big dip today..
Posted by Gary59 on :
Looks like PPC might bounce off bottom today it was 4 bucks a week or so ago and I thought about getting it until the credit problems they had but scottrade charts are showing a narrowing of macd lines and indicating a bullish trend night happen and it is a lot lower than expected ..heres the scottrade quote info:
Moving Average Price Compare Yesterday, PPC closed below its 13 minute moving average. This is generally considered to be an indication of a bearish trend.
Moving Averages No current signals
Bollinger Bands PPC is trading within its Bollinger Bands. This is a normal condition and suggests that the stock is neither overbought nor oversold relative to the recent price action.
MACD PPC's MACD is currently indicating a weak bullish signal. Although the MACD is trending above the signal line, the indicator is still below 0, which suggests that the underlying moving averages are bearish.
Williams %R The %R is currently at -33.33% which indicates that the stock is neither overbought nor oversold. Note the trend of the %R to see if the internal strength of PPC is improving or weakening
Looks like (in my opinion) that it will dip a little from yesterdays gains then head back up..So if you have ever followed my recomendations you might want to stay away.. Posted by Gary59 on :
Nevermind,, I just found that they might be filing chapter 11::: Chicken producer Pilgrim's Pride has lost most of its market value in recent months on worries that it will default on its long-term debt. Some analysts say bankruptcy or a sale of the company may be necessary.
Shares in Pilgrim's Pride (nyse: PPC - news - people ) plummeted 34.3%, or 78 cents, to $1.35, on Tuesday.
Pilgrim, like many food makers, has been hampered by high costs for key ingredients like corn and oil. It hedged some of its purchases but as prices moderated, it lost money on those hedges.
The company carries a large debt load primarily because of $1.5 billion in long-term debt it took on after its January 2007 acquisition of rival Gold Kist. Pilgrim had told its lenders that it did not expect to be in compliance with a fixed-charge coverage ratio covenant for this fiscal year, and a waiver, set to expire Tuesday, was signed to prevent a technical debt default. (See: "Pilgrim's Pride's Shame.")
Before the bell Monday, the Pittsburg, Texas-based company announced that its lenders had given it a temporary credit extension through Nov. 26, but it may not be enough. Stephens analyst Farha Aslam warned that "the fact that the company was not able to secure more permanent financing is telling. The troubles in the industry are considerable, particularly given the weakening export environment."
Some analysts say Pilgrim could file for bankruptcy, though the company said that is unlikely. Others say the company is ripe for a buyout, either in whole or in part, by competitors. "We find it unlikely that the company, under pressure from its bankers and advice from its consultant, will continue in its current form," noted Deutsche Bank North America analyst Christina McGlone last week. "Essentially, Pilgrim's Pride as we know it today will cease to exist."
Company spokesman Gary Rhodes said earlier this month that filing for bankruptcy wouldn't be in "anyone's best interest" and that the company was working on a plan to help it address industry woes like weak demand and pricing and an oversupply of chicken. He said Pilgrim was looking at opportunities to refinance and find more ways to operate more efficiently.
It's not likely that Pilgrim's lenders would encourage it to file for Chapter 11 bankruptcy protection, said Barclays Capital analyst Christopher Bledsoe. If that happened, the poultry producer would have to sell its assets, including chicken products, which would flood the market and push prices downward. That would hurt its competitors, many of whom receive financing from the same sources.
"If you're an agriculture lender like some of Pilgrim's Pride's lenders are, then you risk throwing your other customers, your other loans, into a further distressed situation," Bledsoe said. Instead, he said, the banks may prefer Pilgrim to be sold either outright or at least in part, preferably to someone with a stronger balance sheet.
Aslam said protein producers could see their prices fall as export markets weaken due to the worldwide credit crisis but the drop in grain prices will help offset the export weakness. Still, the industry needs a bigger production cut to boost profits, Aslam noted. Companies have already pledged production cuts, and that is expected to be a drop of 5% to 7%, but a drop of 7% to 10% is likely needed to "regain a healthy normalized profit level."
Further hurting the industry is weak demand, partially caused by slow sales in restaurants as consumers turn to eating at home. An oversupply on the market has also been keeping prices down. But Pilgrim said certain trends--such as a decline in the number of egg sets, or the eggs being laid that will turn into chickens, and lower feed prices--bode well for the company and the industry.
Posted by Gary59 on :
HMY pre-market down to 7.16 so far..
Posted by BooDog on :
Thanks BooDog, I will be watching and also look at LEA and TRW today i might be ready for a bounce ,,looking at charts now ..
Posted by BooDog on :
Short on MOT anyone? and looking into VRPT I'm not trading these. just looking.
Posted by Gary59 on :
OUCH WLT up 2 bucks this morning,, didnt have any
Posted by Gary59 on :
BooDog, VRPT does not come up on my ticker,Also what screener and settings do you use ?
Posted by Gary59 on :
WLT running like a biotch this morning
Posted by Gary59 on :
BooDog did you mean VPRT? I found that on finviz , could be a good bouncer..
Posted by BooDog on :
quote:Originally posted by Gary59: BooDog did you mean VPRT? I found that on finviz , could be a good bouncer..
Yep, it was down pretty hard pre-market
Posted by Morpheus on :
i just bailed on NTRI at 12.62..i will rebuy on pullback
Posted by Gary59 on :
Hey BooDog, can you see why VPRT dropped so hard this morning? I cant find bad news or info that would make it drop other than people taking profit from yesterdays increase.. wish I would have got it at 16 this morning...
Posted by Gary59 on :
Hey Morpheus I didnt know you where here this morning.. I have a buy in for some VPRT at 16 if it dips again,,
Posted by delgotit99 on :
VistaPrint plunges on lower forecast, downgrades Wednesday October 29, 9:25 am ET VistaPrint shares drop after it lowers outlook; analysts downgrade stock
NEW YORK (AP) -- Shares of Bermuda-based marketing company VistaPrint Ltd. fell sharply in early morning trading after analysts downgraded the stock due to the company's trimmed fiscal 2009 outlook. Shares fell $5.22, or 21 percent to $19 in premarket trading. The stock closed Tuesday at $24.22.
Posted by BooDog on :
PPC lod 1.10
Posted by Morpheus on :
booDog...thanks for the PPC info..I only bought it cause of the takeover possibilities ?? im down a couple hundred bucks so far..will wait and see..hopefully theyre not gonna file BK..that would suck
Posted by Gary59 on :
I know you guys have seen this one LVS up 83% I wonder if it will get a good dip in before eod?
Posted by Morpheus on :
gary...tuff to say
Posted by Morpheus on :
lvs is in play today for sure...
Posted by Gary59 on :
LVS has been up over 100% today so far ,, that would be a tough one to chase
Posted by Morpheus on :
i just picked up 300 of LVS 9.25 right at the interest rate cut anouncement
Posted by Gary59 on :
Well good grap Morpheus , I was out walking the dog and talking to the wife and just saw your post.. good job.
Posted by Morpheus on :
i dont like the action of LVS so i bailed at 9.75
Posted by R1 Man on :
Wow, I have a lot of reading to do I see. Been very busy with work and my son. So no free time to do anything.
Good luck all.
Posted by Gary59 on :
It is getting a little tough to follow , I had a buy in for 9.00 and cancelled because of the movement , you got out just right . I am still going to watch and see if it levels out a little ..
Posted by Gary59 on :
Hey R1
Posted by Gary59 on :
Look at that sucker run
Posted by rajthebam on :
which sucker r u referring to?
Posted by Gary59 on :
LVS
Posted by Gary59 on :
Well Morpheus , another lesson learned (I HOPE) I jumped in the last part of the run at 9.50.......arrrrrgg I should have known better...I hope it runs up a little pre market to cut losses....CRAP ,, I even have a note pad page I keep open with a list of things not to do like ,,dont chase on a run , After I bought I thought it would pull back just a shakeout, but it didnt.......And didnt hit my stop loss at 8.35, but it did pull back up a little after close........ Posted by Gary59 on :
Looks like LVS and F are trading up pre market this morning.
Posted by Gary59 on :
Well LVS might run again today , I had a pre market sell in at 10.50 and got snagged at the ask , bid had not hit 10.45 yet..had to have a smoke and it sold.. Out with 100 bucks so I'm happy,but it might hit 11 today yesterday it hit 10.97 i think....
Posted by Gary59 on :
Got out of LVS at 10.50 now trading over 12.00.. Might play again on a dip..
Posted by Morpheus on :
that was a very exciting amateur hour..wow really poppin
Posted by Gary59 on :
I dont know if I should even try that one again today,not sure if it will get back to 12 or not ,Are you going to try it again Morpheus?
Posted by Gary59 on :
Dow is slowly dropping back down again..
Posted by Gary59 on :
NDN 99 cent stores has been going up steady the last few months with the economy a lot of people buying at the dollar stores ,This one has been slowly going up since aug and just a few dips in october...
Posted by Morpheus on :
lvs....hell if i know..it looks like the market is in slow burn mode right now..there are more breaking news anncouncement out today..i think ..unemployment, and GDP blah blah blah..correct me if im wrong..i think they are today and this could move the market lower..JMHO
Posted by Gary59 on :
MRO had good divi news and has been up to 27.04 an back down to 25.60 ,,,not a LOT of volume but I might watch for little lower to get a few ..Maybe 25. that was the low for the day
Posted by BooDog on :
So Morph, did you pull the plug on PPC? My target was .77, it hit .83. Analyst are bashing it pretty good saying they don't have a chance.
Posted by Gary59 on :
Good call Morpheus , everthing is pulling back ,,plus lunchtime slowdown ,Not sure what to geet into today ,still looking at NCN MRO Hey BooDog
Posted by BooDog on :
check out RHD and SSCC
Posted by Morpheus on :
new additions to my radar..HRZ..ODP...OMX...NDN..
Posted by Morpheus on :
Boo...i really really do not like anything I have never even heard of before..RH connely?? but they both look promising.. and as for PPC I sold half my holding for a loss yesterday and now its down big again..crap..oh well only a couple hundred bucks..i got a 1000 shares..blah
Posted by R1 Man on :
quote:Originally posted by BooDog: check out RHD and SSCC
Wow....those stocks got hammered in the past year. Hmmmm......
I like finds like these because it has SOOOO MUCH potential to be a 3-7 bagger. Your RHD was a $55 stock and now $0.77. Could it get back to $55?? Maybe one day....but just Imagine if it did.
Posted by R1 Man on :
quote:Originally posted by Morpheus: new additions to my radar..HRZ..ODP...OMX...NDN..
All good picks but NDN. 99Cent stores are at the PEAK. Makes it a speculative buy. I would think it could reach $13-14 but no higher then that. But I expect it to drop back to $10. So my advice....stay away!!
Posted by BooDog on :
quote:Originally posted by R1 Man:
quote:Originally posted by BooDog: check out RHD and SSCC
Wow....those stocks got hammered in the past year. Hmmmm......
I like finds like these because it has SOOOO MUCH potential to be a 3-7 bagger. Your RHD was a $55 stock and now $0.77. Could it get back to $55?? Maybe one day....but just Imagine if it did.
As long as you're watching for that one key word... bankruptcy.... lmao. RHD has repurchased within and stands a pretty good chance imo. SSCC I don't know anything about other than a TA play. Now you wanna talk about PPC? They're getting raked over the coals, 1.5B in debt and the analysts are saying they don't have a chance. sittin around .88. They've extended their life for a little but they'll need some help imo. If they do go under imo it will hurt the sector but if they can get a couple big buyers? They've certainly overextended imo but we'll see. Now that's risky. I think we'll know something more by the end of next week. Do or die on this one.
edited: Oh yeah... Cheers R-1, good to see you!
Posted by Morpheus on :
the questions remains...what is gonna be the BIG mover tommorrow?..any ideas..magic crystal ball?..tea leaves? I know the shipping sector has been hammered , they say due to not being able to get loans and such, with credit freeing up they are starting to make a nice rebound..same thing with house builders...aka..KBH CTX DHI for houseing..all up 50% in the last few sessions and DRYS DSX GNK HRZ..what to do? what to do??
Posted by BooDog on :
Tomorrow the dow goes back to 8k.
Then next week back to 7.5k.
lol
Cheers invester! Posted by Gary59 on :
I wonder if HIG will bounce back a little after their bad 3Q reports..already had a low of 8.23 and back up to 9.50....
Posted by Morpheus on :
ya know Boo...im feeling the same way..thats why im stuck on a no buying funk right now...some great picks for this play are the ultra short etf's..EEV REW SDS and SRS...im liking EEV and SRS
Posted by Morpheus on :
wow gary..that a big move on a rebound..we missed that one off the bottom but it looks like mre upside is very possible from here just for the last hour play
Posted by Morpheus on :
think ill risk it...why not..if it breaks below into the 9.80 area
Posted by Morpheus on :
it seems to having great resistance at this 10.80 level...BTW DOW is creeping up now at 202
Posted by BooDog on :
Here's some of the currency ETFs INDIVIDUAL CURRENCY PRODUCTS RydexShares ETFs: Australian Dollar (FXA), British Pound (FXB), Canadian Dollar (FXC), Euro (FXE), Japanese Yen (FXY), Mexican Peso (FXM), Swedish Krona (FXS) and Swiss Franc (FXF) WisdomTree ETFs: Euro (EU), Japanese Yen (JYF), Brazilian Real (BZF), Indian Rupee (ICN), New Zealand Dollar (BNZ), US Current Income Fund (USY), Chinese Yuan Fund (CYB) and South African Rand (SZR) Barclays iPath ETNs: Euro (ERO), British Pound ((GBB) and Japanese Yen (JYN) Elements ETNs: Australian Dollar (ADE), British Pound (EGB), Canadian Dollar (CUD), Euro (ERE) and Swiss Franc (SZE) Van Eck/Morgan Stanley ETNs: Chinese Renminbi-Yuan (CNY), Indian Rupee (INR), Double Long Euro (URR), Double Short Euro (DRR) BUNDLED CURRENCY PRODUCTS PowerShares ETFs: Group of 10 Carry Trade (DBV), and U.S. Dollar UP (UUP), U.S. Dollar Bearish (UDN) Barclays ETNs: Barclays iPath Optimized Currency Carry (ICI), Barclays GEMS Index (JEM), Barclays Asian & Gulf Currency Revaluation Note (PGD)
Posted by Gary59 on :
Looks like I shouda got it when i saw it at 9.50.. hindsite 20/20 I have a bid in but at the 9.50 for 100 sh might raise it a little if it turns..
Posted by Morpheus on :
tomorrow..last day of the month and a friday too
Posted by Gary59 on :
Scottrade cancelled my ord says to contact them,,Morpheus you have scottrade did it let you put in an ord ? It did not say anything about unsetled funds or anything just says contact scottrade to to ord...
Posted by Morpheus on :
good luck to you gary
Posted by Morpheus on :
i did not place an order on HIG yet..just hanging loose for now
Posted by Gary59 on :
Looks like my check has not cleared until friday , good thing , its back to 9 now, I am going to keep this on my list for tommorrow though..
Posted by Gary59 on :
No telling where it will go if it breaks under 9 ,, could hit 8.50..
Posted by Morpheus on :
gary..i just put in an order HIG at 8.60 and it said to contact the office..they do this some times on volitile stuff ..i have seen it before..but to sell it no office needed...just 7 bucks still
Posted by Gary59 on :
If you call them will they open it up to let you buy it or are you just SOL?I think I will call them now and see..
Posted by Morpheus on :
im in no hurry to miss HIG..market going up its going down..not a good sign for tomorrow..so ill wait on it too..im still gonna position for a lower day tomorrow..looking at a small position in EEV
Posted by Morpheus on :
gary ..im lookking at the daily chart for HIG and it looks like they are going much lower after today..no base has built up maybe in a few days ..good in the 7 buck range...JMHO..
Posted by Gary59 on :
I called and they put the ord in manually for me 100 sh at 8.50 , and its in my ord screen now so I should be able to modify it, only took a minute, but they get 20 bucks for trade fee since I called it in..THAT SUCKS>>
Posted by Gary59 on :
Thanks Morpheus , I can cancel or change here after I see what is happening , And I do appreciate the info,,
Posted by Gary59 on :
It does look like its geting harder for it to stay over 9 , I am dropping the ord to 7.50 in case
Posted by Morpheus on :
gary is the a "good till cancle" of just "today" for the order?
Posted by Gary59 on :
Ouch LVS Is taking a dump EOD>>
Posted by Gary59 on :
They had the order for just today to call back tommorrow if it didnt go through.. Also I just cancelled the ord ,getting kinda leary because its not wanting to stay above 9 now
Posted by Morpheus on :
ive got my standard 15% below the price now GTC orders in for tomorrow open...MSFT WLT UYG F..also im buying into 75 shares of EEV at the close..just as a spec play
Posted by Morpheus on :
GTC keeps the order open for as long as you want it hous, days, weeks...just in case you did not know..
Posted by Morpheus on :
wow...looks like a very strong close..will it carry through???
Posted by Gary59 on :
Looks like normal , I shoulda got some at 8.60.. Posted by Morpheus on :
i had an order in EEV at 87.50 and it did not pick up..WTF.. bummer
Posted by Gary59 on :
Cant believe MSFT closed down .37 and GM down too , I might get some GM if it drops back in the 5 range and MSFT if it get to 21 or so...
Posted by BooDog on :
Okay, I bailed on my PPC. Class action lawsuit along with everything else.
Posted by Gary59 on :
GM has some things in the works that might help I want to get a few to stick in the back somewhere for long term,,
Posted by Gary59 on :
Well I hope all of you had a good day trading today I will be around tonight and back in the morning...
Posted by BooDog on :
RHD looking better imo. We'll see.
Posted by Morpheus on :
Boo...Im holding PPC as a very pure spec play..im up a couple a grand the last 2 weeks so i wanted to take some of the "profits" and roll them into a few spec plays..(at least that is what i have convinced myself)..this looks like it could be a take over play from tyson foods TSN or hormel HRL or somebody else..if it crash and burns..it will hurt.. but thats just me..i will decide more during tomorrows action
Posted by Morpheus on :
Boo...Im holding PPC as a very pure spec play..im up a couple a grand the last 2 weeks so i wanted to take some of the "profits" and roll them into a few spec plays..(at least that is what i have convinced myself)..this looks like it could be a take over play from tyson foods TSN or hormel HRL or somebody else..if it crash and burns..it will hurt.. but thats just me..i will decide more during tomorrows action
Posted by Morpheus on :
Morpheus is gonna go back to old school trading..im gonna wait until 3 consecutive DOW down days and then pump big money into the the market..(for me thats about 25k per position) this market action lately scares the **** out me, and most likey you too..my big plays i like are MSFT , MON, SMG and AAPL..i feel ok about dropping big money on these and not wakeing up to "we are going out of business" BS news you can get from other plays. im looking for a 15-20% gain on these and usually after 3 down days that is what they do..I will continue to dabble little interday positions just for kicks, plays like F WLT JRCC UAUA..but it seems im just spinning my wheels these last few days..
Posted by BooDog on :
Far out. Good idea Morpheus. I'll be sticking to the sidelines for the most part with my retirement and with a few $100 (that's $100 without the K lol) for swings when I can. Good luck! I am still looking for the double bottom on the dow. Doubt we're out of the wood yet for that to happen.
Posted by Gary59 on :
Looks like HIG is going to bounce this morning and also F is showing a 2.40 ask price on and off,Seems like Scottrade quote screen does this all the time with me.Shows different prices on quote screen as active streamer pre market.. Good luck and I have to be out most of the day so I am not sure what or if I will get into anything unless I have time to set in front of the computer..I hate leaving with this market not knowing what will happen....
Posted by Gary59 on :
LVS HOD so far 15.75 LOD 11.08 I was gone all day didnt get back in
Posted by Gary59 on :
OK figure this out ,, my luck ,, I grabbed 100 sh of LVS at 14.25 on a dip the very next minute rueters news pops up that the stock has been downgraded to junk, I got out at 14.00 even,, but only out 25 down....but used 2 free trades for that one as well .. Posted by Gary59 on :
I would rather take the 25 loss than hold over the weekend....Helllloooo Heellloooo anybody in heeerrrreee echo echo echo
Posted by SoAngel on :
Hello, I am here.
Have a nice weekend.
Posted by Gary59 on :
You Too SoAngel,, good to hear someone here today
Posted by Gary59 on :
Well I am here on a sunday morning doing a little DD for Monday,,not sure what monday will bring especially the way the dow has ended up most of the week and forein markets still getting killed..I have never mentioned UTX stock , the only reason I have ever watched the stock is because my brother has worked there for 34 years now and will retire soon, BUT their stock has been a consistant swing for a buck most days of trading and was down s low as 47 a few weeks back now up to 55 its just always been one that the high cost of the stock has never given me the oportunity to trade enough shares to make money on. but I am going to pick up a few shares Monday (30 or so) , they own a lot of groups like Carrier AC , Otis elevator, sensitech software is a division of carrier,they have also reciently recieved another conract for boeing engines and now their strike seems to be settling..Keep an eye on it it is at a nice low point ,in my opinion, just because the market is down all over ,this one has been over $79 in the last year , Might be a good flipper If you have 5000 for 100 sh to flip..When the market starts back up. But I am thinking since we had a up week last week we might start off this monay heading up, then end up in the red for monday just my opionion here,I know you guys will do your own DD.
Posted by Gary59 on :
And another one to watch is AIRM air methods, owned by UTX has just came off of a 52 week low of 14 its at 16 now and had a 52 week high of 59.50 , they just recieved a 17 mil contract for helicopter interiors for medivac heles from sikorski on the 28th..Might want to watch it.. closed at 16.78 on fri..
Posted by Morpheus on :
Gary..UTX and AIRM look like winners to me..thanx for the info..
Posted by Gary59 on :
Not a problem I am glad to be able to throw a few out there and hope they go up,I get a little nervous recomending anything, I would hate to lead someone in the wrong direction.. Are you going to be around in the morning Morpheus? Friday was quiet around here.. SoAngel popped in , but did I was out most of the day friday as well. seems like thing pop when I have to be gone..
Posted by BooDog on :
XEROX CP(NYSE: XRX) After Hours: 8.02 0.00 (0.00%) 4:30PM EThelp Last Trade: 8.02 Trade Time: Oct 31 Change: 0.17 (2.17%) Prev Close: 7.85 Open: 7.64 Bid: N/A Ask: N/A 1y Target Est: 12.00 Day's Range: 7.64 - 8.17 52wk Range: 6.81 - 17.68 Volume: 6,586,251 Avg Vol (3m): 7,014,830 Market Cap: 6.94B P/E (ttm): 11.97 EPS (ttm): 0.67 Div
Posted by BooDog on :
http://stockcharts.com/c-sc/sc?s=RT&p=D&yr=0&mn=6&dy=0&i=t47959879914&r=1909 RUBY TUESDAY INC(NYSE: RT) After Hours: 2.41 0.00 (0.00%) 4:01PM EThelp Last Trade: 2.41 Trade Time: Oct 31 Change: 0.18 (8.07%) Prev Close: 2.23 Open: 2.22 Bid: N/A Ask: N/A 1y Target Est: 7.50 Day's Range: 2.12 - 2.41 52wk Range: 1.87 - 15.84 Volume: 916,087 Avg Vol (3m): 880,561 Market Cap: 127.16M P/E (ttm): 7.95 EPS (ttm): 0.30 Div Still showing weakness imo.
Posted by BooDog on :
ING 9.31 GFG 2.00 HIG 10.32 TGIC 1.09 DXO 5.65 DTG 1.62 SSCC 1.35 AXTI 1.59
Posted by Gary59 on :
A lot of gappers out there this morning might be a good morning..
Posted by Gary59 on :
Might want to watch HIG and LVS this morning both have been up over a buck pre market , Im gonna wait for a dip and get some of them..
Posted by Gary59 on :
HIG charts show a squeeze on friday close on the upper side of the Bol bands ,might if it dips at open im in.. and news out this morning sounded good , Scottrade did not let me copy and paste it for you all though..
Posted by Gary59 on :
LVS is up over 2 bucks this morning but I am leary over news on this one , but could be a good momo play.....
Posted by Gary59 on :
Hartford CEO says company 'well capitalized'By Michael Kitchen, MarketWatch Last update: 8:53 a.m. EST Nov. 3, 2008Comments: 1NEW YORK (MarketWatch) -- Hartford Financial Services Group said Monday that its capital levels are strong, despite concerns about the company's capitalization last week. "The Hartford is financially strong and well capitalized," Hartford Chief Executive Ramani Ayer said in a statement. The company said its capital margin -- the capital in excess of rating agency requirements to maintain AA level ratings -- would be approximately $2 billion at year end, assuming a year-end S&P 500 (SPX: S&P 500 Index News, chart, profile, more Last: 968.75+14.66+1.54%
4:59pm 10/31/2008
Delayed quote data Add to portfolio Analyst Create alertInsider Discuss Financials Sponsored by: SPX 968.75, +14.66, +1.5%) level of 900. This compares to an estimate of $3.5 billion the company made on Oct. 6, which assumed a year-end S&P 500 market level at 1165. The S&P 500 closed trading Friday at 968.75. The statement followed an announcement Friday by Fitch Ratings that it was lowering Hartford's issuer default rating to A from A+, and its insurer financial strength ratings of Hartford's primary life and property/casualty insurance subsidiaries to AA- from AA. On Thursday, Hartford (HIG: hartford finl svcs group inc com News, chart, profile, more Last: 10.32+0.70+7.28%
4:04pm 10/31/2008
Delayed quote data Add to portfolio Analyst Create alertInsider Discuss Financials Sponsored by: HIG 10.32, +0.70, +7.3%) lost more than half its market value on concern the insurer may need to raise more capital after reporting a big third-quarter loss the day before and saying it couldn't gauge the amount of extra capital it has because of market volatility
Posted by Morpheus on :
oh yeah
Posted by Gary59 on :
Still waiting for HIG to go under 12 before I get in..And LVS is taking a littl dip ,watching for that one too.. What are you doing Morpheus?
Posted by Gary59 on :
LVS getting close to its day low and dow dipping a little ,,A little more time and they might dip down to get in..
Posted by Gary59 on :
Also it looks like Scottrade took off the have to call to place order on HIG..saves 20 $ call in fee
Posted by Morpheus on :
im just watching SRS and EEV for when the market dips along with HIG and LVS too..also JASO and DRYS for the rebound..if the market dips
Posted by Gary59 on :
HIG just wont dip this morning,I know it will but maybey around 11.00 or so ..news just out a few minutes ago that they have a 2 bil cusion to keep AA rating,now on financials so that might be whats happened,,DOW is in the red but still heading up..Wish I had got it last week at 8.50.. Shoulda woulda coulda
Posted by Gary59 on :
here comes some profit taking on HIG, dropped to 14.34 for 2 trades...gawd
Posted by Morpheus on :
HIG=OMG!!
Posted by Gary59 on :
I have an ord in for 150 sh at 14.80 and it wont get hit ,, comes close but just not hitting , if it dips I will drop the order but so far it does not want to stay uder 15 today..
Posted by Gary59 on :
OK seems like it is building a lot of resistance for now around the 15$ mark I have to leave for a while so I am lowering my ord to 14.50 ,,,it might get hit while I am gone just hope if it does it does not keep going in that direction. Back Later today..
Posted by BooDog on :
I was kinda lookin for ING to follow but it's taking its time.
Posted by Gary59 on :
OK Just got back in and I just hit 150 sh at 14.50 ,dipping lower now that I bought though,it should pop back up a little today (i hope)
Posted by Gary59 on :
OK another one, had to leave and get the wife she broke a belt on her car so I put a sell in for 15.50 and it hit while I was out but its up to 16.50 now....Seems like I always have to leave when something runs but still out with $150,.. Posted by BooDog on :
nice Gary.
Posted by Gary59 on :
Thanks BooDog , it feels good to hit one every so often , I just always seem to get in late and out too soon but now I m more cautius now that I am back to trading again , now full time sort of, not enough to make income but I lost my job last year and am disabled , SO I thought I would make it a full time job just to help pay bills..I hope I can keep it up.But its getting easier in this crazy market and especially with all of the help from all of you guys ( and a few women )here on Allstocks....Another too much info and long post when a thanks would have done.. Thanks BooDog, I have learned a lot from your post and PMs s well....
Posted by Morpheus on :
yeah gary..sorry to hear about the disable..i hope its not too difficult to deal with ..you seem to be able to pick some runners..thats a good thing..so keep just hitting some singles and doubles and not swing for the fences and you will build confidence in your decision making..that is key in this business..my JASO really had a good up day today..im feeling its going to continue for now..i had to deal with emergency room stuff all day and just got home..so no trading for me monday..
Posted by Morpheus on :
for now im long PPC X and JASO and a small position in SRS and MSFT and still holding for now..funny..i got into SRS as a hedge and all my stuff is up today..woohoo..
Posted by BooDog on :
Good Luck Gary. There is always more to learn.
My picks from Sunday...
quote:Originally posted by BooDog: ING 9.31 GFG 2.00 HIG 10.32 TGIC 1.09 DXO 5.65 DTG 1.62 SSCC 1.35 AXTI 1.59 HSP 27.82 XRX 8.02 RT 2.41 ING 9.31
Now... ING 9.90 GFG 1.83 HIG 16.28 ah 16.99 TGIC 1.08 DXO 5.1201 DTG 1.91 SSCC 1.36 AXTI 1.598 HSP 28.66 XRX 7.93 RT 2.39 (still weak imo) ING 9.90 ah 10.71 The idea is to be right more than we are wrong. IMO short swings/day trades is the way to go for now imo. The above are some of my picks and are NOT buy/sell recommendations these are on my radar.
Posted by Gary59 on :
Hey BooDog Check out HIG this morning 17.62x 17.70 better watch out it can keep running like this without some re-tracment ,IMHO.. Thanks Morpheus, and I quit swinging away since I added money to my account becuse I would like to keep my money now.. Posted by Gary59 on :
HIG still trading up just saw 17.79 flly by..And I am going to have to hold something overnight one time this week only have 2 flips left for this week...
Posted by Gary59 on :
LVS up a buck so far this morning BUT thats one I will not hold overnight.. AMX up 32.75 closed 31.56 yest , wish I had a few of thoses from last few weeks at 24.00
Posted by Gary59 on :
Definatly going to watch ING today ,I would not feel bad about holding that one overnight and chrts are looking good..Might grab some on a dip today just with the election going on today might be a lot of dips , but you never can tell ...Good Luck today ,we are going to need it..
Posted by Gary59 on :
Put a buy in for ING at 9.60 in case it dips looks like its trading a little high on the upper bolinger band I think it might do a little dip later on today because of the steady increase over the last 10 days..JMHO
Posted by Morpheus on :
the flag is up...and there off!!
Posted by Gary59 on :
Look at tall that GREEN ,looks like christmas Hope My watchers take some dips before lunch. ING AIRM LVS flip only AIG is making a good run this morning up 14%
Posted by Morpheus on :
i had a GTC bid in for EEV that picked up at the open 81.50
Posted by Gary59 on :
quote:Originally posted by Gary59: Hey BooDog Check out HIG this morning 17.62x 17.70 better watch out it can keep running like this without some re-tracment ,IMHO.. Thanks Morpheus, and I quit swinging away since I added money to my account becuse I would like to keep my money now..
I ment to say CANT keep running like this,,oops
Posted by Gary59 on :
Look t ING chart for today looks like a bomb went off..Up 1.25 so far good pick Boo
Posted by Gary59 on :
quote:Originally posted by Morpheus: HIG=OMG!!
And a Double WOW today Morpheus this thing is up to 18.50 now..I need to get my crystal ball back from the shop..
Posted by Gary59 on :
OK getting close to the mid morning lunchtime dip lets see what will happen,,any opinions on getting more HIG and holding overnight?This thing has been phenominal this week but it has to track down some just not sure when......AAARRRRGGHH
Posted by Gary59 on :
And ING Just keeps popping new highs all morning,,,,,,And I am not holding anything but F in my acc right now...
Posted by Gary59 on :
BooDog , did you have any ING? If so at least your having a good day today..Everything is up and running I just havent seen any dips yet but shouldnt be too long now , getting close to lunch time dip..
Posted by Morpheus on :
gary..im thinking intraday buy HIG on a bounce at 16.75 if it pulls back this much..only trade today for me has meen EEV...75 at 81.50 and another 75 at 75.10..i trying to play the "fade" in this inverse etf..my first buy point was set way too high..blah
Posted by Gary59 on :
Thats the same buy price I have on HIG morpheus, maybe it will get there, also have a buy on ING at 9.60 but I dont think it will dip that low but who knows , I am still concerned what the market is going to do in the morning considering on who gets in office...
Posted by Morpheus on :
im going to vote now..and for reals..the market will be funny tommorow after the vote..im thnging down either way..for the most part the dow has had almost 5 out of the last 6 days up..hummmm??? ready for a pullback after today? im thinking so at this point in the day
Posted by rajthebam on :
i just sold TSO at 10.50....made about 4.5% return not bad....i keep reminding myself i have to look at percentage gain.....not dollar amount so m happy with 4.5% in 3 days....
here is one mover for you guys ADM...take a look let me know what u think...
Posted by Gary59 on :
Thats what I am thinking too ,it cant keep up at this rate , Good plan Raj , just keep with your plan and it will work..I woud rather take a small gain than loss..
Posted by Gary59 on :
I did not see HIG dip a all today just a few small ones barely under 17 t 10:30 this morning , will have to wait for EOD play see what happens there...
Posted by rajthebam on :
got in on EEV at 76 x 10 shares
Posted by Gary59 on :
Looks like a good bottom catch Raj..good luck
Posted by rajthebam on :
thx bud
how u doing?
Posted by Gary59 on :
Nothing today trying to get something on a bounce but nothing I want to hold has bounced yet .I am Looking at HIG LVS AIG ING AIRM but no shakeout yet, accept LVS and I m still leary about holding that one its under .22 from open now so ther is a chance for it but I am waiting for the EOD shakeout to see what I can pickup today and hold overnight..I only have 2 day trades left for the week and with today being the election and the market being up so many days I am thinking we are ready for a drop in the dow this week...Then I will be all in at that point ..
Posted by Gary59 on :
Hey HIG is getting under 18 now now if ING would drop a little I might be able to pick something up
Posted by Gary59 on :
LVS ready to hit LOD and not even OED shakeout yet....There is a report out there that says its a buy but in the same report says to hedge wih a 10 put as well...That seems a little iffy to me...
Posted by Gary59 on :
LVS makin new bottoms..
Posted by Morpheus on :
hey RAJ...waaassss up? thought you lost all your mola and went into hiding..glad to see your still in there..ADM is in a great sector..there are others i like instead..but the hot sector today is solar and energy..RIG STP TEX ...the gap up in adm today looks like its already responded to the news..i waiting for a few dow down days and playing some inverse stuff till then..SRS and EEV to name a few.. i bailed on my SRS about 30 minutes into today and am looking to jump back in toward the close..alos the picke that gary posted are reall good plays too..timing is critical ...so tread lightly..
Posted by Gary59 on :
upped my HIG to 16.75,,,,from 16.50..maybe, come on down..
Posted by Gary59 on :
NEW YORK (AP) -- Shares of Las Vegas Sands Corp. surged Monday as an analyst kept the casino operator as one of his top picks, citing its appealing stock price. Lawrence Klatzkin of Jefferies & Co. said in a client note that the stock's recent sell-off gives an attractive entry for investors. The shares dropped as low as $4.32 late last month as investors worried that a recession was imminent and the company indicated that Chairman and Chief Executive Sheldon Adelson and his family planned to take part in a capital raising program with an unnamed investment banking company.
In the near term, Klatzkin said he was pleased with Adelson's recent $475 million investment. In October Adelson and his wife, Miriam Adelson, loaned Las Vegas Sands the money through a 6.5 percent convertible note due in 2013. The investment helped the operator of the Venetian and Palazzo resorts in Las Vegas and the Sands Macao and the Venetian Macao in China meet its liquidity requirements and avoid triggering a loan covenant.
Klatzkin is also optimistic about the Macau government's approval of the legal separation of Las Vegas Sands' Four Seasons apartment-hotel tower. The move clears the way for Las Vegas Sands to sell cooperative interests in the units and an onsite mall.
"Now that the government has officially legalized these sales, we believe some investor concern may be lifted and this should pave the way for Las Vegas Sands to begin selling these assets," Klatzkin wrote.
The analyst reaffirmed a "Buy" rating and $44 price target.
Shares of Las Vegas Sands lost 10 cents, less than 1 percent, to end at $14.09 Monday after trading as high as $16.81 earlier in the session. The stock has traded between $4.32 and $135.35 over the past year.
Posted by Gary59 on :
OK my ord of 100 HIG hit at 16.95 while I was researching something else, now the rush is on Hope It gets back up before EOD..I Didnt expect that to drop that quick..
Posted by Gary59 on :
Might have to averag that one down with another 100 sh..
Posted by Gary59 on :
Shakeout came a little early today , should have been watching,my daughter came in and I was on a DD site checking things out or I might have waited a little lower to get it..I put a sell in for 18.80 in case it goes back up if not will hold til morning to see so I dont loose a daytrade this week..
Posted by Rockster on :
ETFC
Posted by Gary59 on :
E trade has been looking good rockster ,Wish i had some at 1.79 low today.. Will keep it on my list now
Posted by Gary59 on :
Wholesale trader was calling PRSC the other day a .85 (I think)now that sucker is at 3.15 today...
Posted by Gary59 on :
LVS is really getting a shakedown now,, I am thinking about it,,,,,,,,,,It did bounce good the last few days though..hhmmmmmmmm
Posted by Morpheus on :
looks like a very strong close at this poing..bailed on EEV at 77.50..took a small loss..
Posted by Gary59 on :
Did your HIG buy hit 16.75 or did you drop it a little?It hit 16.30 while I wasnt watching.. ANd I put a buy in for LVS at 11.90 in case it broke under 12
Posted by Morpheus on :
no..i was watching other stuff..i did not put in an order..daaaaaaah
Posted by Gary59 on :
Looks like they are trying to get HIG back to the 18 level for a good close , they better hurry up 8 minutes left for closing....I dont think they will make it . Maybe another run in the morning..
Posted by Gary59 on :
A lot of people got in over 18 on HIG so I think it will run back up in the next few days...
Posted by Gary59 on :
HIG is laying off 500 people that will help raise there end of year finances, hate to hear about layoffs but it will help the financial stats..
Posted by Gary59 on :
Well another day of trading , i didnt do much but watch the charts all day hope you all did better than I did , But I am basically even for the day hoping for another run on HIG tommorow.. Good night All and talk to you all in the morning..
Posted by Morpheus on :
i actually lost a little mola today...bllaaaaahhhhh..i did bail on X at 42.45 and SRS early on..but the rest of my stuff...still long..F JASO MSFT ... the charts are looking really interesting..that makes 6 in a row up days for the NASDQ...
Posted by BooDog on :
OK good weds morning all, Looks like MMS are bringing HIG down this morning they are probably try t accumulate share at a low price . A lot of pre market trades going through at 16.50 this morning and even 16.40 . Looks like its going to be shakeout type of morning I hope it heads back up to a least 17 today so I dont have to dump it .ask keeps jumping around and trades keep coming so it will be interesting today , Reports are sayin that since Obama is now pres then alt energy stocks might run today , keep an eye out for those. Have a good mornnign and make some money today.. Good Luck
Posted by Gary59 on :
Yep looks like pre market manipulation to me this morning ,this is just my opinion BUT a lot more trades are hitting the ask price then 100 shrs will hit the bid to drop it down , I think MMs are looking for shares , so I am holding this one for a while today hopeing to get back into the high 18s again today..with a .25 to .35 spread on B X A ,,,,,Might be a runner IMHO (I Hope)
Posted by Gary59 on :
Lot of good charts listed BooDog, I would like to have 1k to put into most of those looks like good bottoms on a lot of them , I am going to stay away from oil/petrol/coal stocks for while now that Obamas in office . I would also look into auto industry for getting grants for alt energy ,in the near future ..
Posted by Morpheus on :
looks like stocks tied to lower oil today..DRYS UAUA DUG F GM and EEV..these are some on the movers in play
Posted by Morpheus on :
i just popped into EEV at 82.75..i played this yesterday and at the close had a limit buy at 73 GTC but it did not pick up..now it looks strong and will continue to climb..IMHO
Posted by Morpheus on :
i got stopped out at 79.90 on eev...crap
Posted by Gary59 on :
HIG hit 17.64 HOD so far lot of buys still coming in and people selling off for profits from the last few days I might lower my sell to 18.09 get out with $100 clear at that point
Posted by Gary59 on :
Think I will ride it out a while see how high it goes...Yesterday HOD was 18.80 so it might get back to that area..
Posted by Morpheus on :
you can take profit and see how high it goes with money in the bank..thats what im doing watching watching watching...
Posted by Gary59 on :
I have a sell in for 18.50 I think it might make it,,Might even lower that in a minute
Posted by BooDog on :
Still here Gary. haven't been able to do much this week. too much other crap goin on. Surfin when i can though! lol
Posted by Gary59 on :
Too cold for surfing, it was 59 here this morning
Posted by BooDog on :
lol Striper season is startin up too!
Posted by rajthebam on :
i got in on EEV at 76 yesterday - went all way up to 83 this morning.....i am thinking about setting limit sell for 86 what do ya guys think?
Posted by rajthebam on :
i got in on EEV at 76 yesterday - went all way up to 83 this morning.....i am thinking about setting limit sell for 86 what do ya guys think?
Posted by Gary59 on :
No idea on that Raj, I havent traded ETFs because of the volatility , Morpheus or BooDog could help you better with that one, I am getting close to getting out of HIG I got it yest at 16.95 100sh so I dropped my sell price to 18.20 , looks like a little dip but a LOT of buys went through at 18.25 to 18.30 range so I think it will go back p but gonna take some cash and run now..
Posted by Gary59 on :
Charts and bol bands really setting up for a squeeze in a few minutes, it might take off again soon..
Posted by Gary59 on :
OK out at 18.55
Posted by Gary59 on :
ouch could have held a little , but gettin scary,,out with 145.00 for the day, i am OK with that..
Posted by BooDog on :
quote:Originally posted by rajthebam: i got in on EEV at 76 yesterday - went all way up to 83 this morning.....i am thinking about setting limit sell for 86 what do ya guys think?
That sucker is going over 19 today HIG
Posted by Morpheus on :
right on gary..great call ..you know what they say.."dont worry, be happy"..im looking at a possible bounce on LVS
Posted by Morpheus on :
hig is a real short squeeze..i really hate when that happens just 10 seconds after you bailed..BLAH.. Posted by Gary59 on :
LVS is looking good for a bounce especially the way it has been running last week I needed some re-tracment..wonder if it will get back to the 11.66 range again? HIG has fooled me like that for the last 3 times I traded it .. I get in late and out too soon but still happy i cme out 149 up..
Posted by Morpheus on :
im thinking LVS at 11.60 range too
Posted by Gary59 on :
Just checking my history screen , i had LVS at 9.50 to 10.50 then 14.25 to 14.00 ,,,that sucker owes me 25 bucks plus trade fees..might see if it dips, it was 14 just last week..
Posted by Gary59 on :
I just put in an ord for 100sh at 11.50 chart looks like its trading below the lower bol band and all down ticks today ..it needs a double bottom,,gonna go check the charts again..
Posted by Gary59 on :
S&P Analyst Research Notes S&P UPGRADES OPINION ON LAS VEGAS SANDS TO SELL FROM STRONG SELL Wednesday 10/08/2008 8:03 PM ET - Standard & Poor's Research Notes On accelerating declines in Nevada gaming revenues and worse than we had expected Macau gaming revenues in September, we cut our '08 EPS estimate to $0.35 from $0.45 and our '09 to $0.92 from $1.05. We expect results at Las Vegas and Macau properties to continue to be challenged through 2009 and think there may be a delay in certain Macau sites. Shares are down 53% since August end. We lower our target price to $16 from $30 based on scenario analysis, seeing further risk on tightening Macau visa restrictions and softening in demand at high end properties in Las Vegas.
Posted by Morpheus on :
gary..what do you feel the market trend will be for the next few days??
Posted by Gary59 on :
Im not sure what this downgrade in eps is going to do to the stock Morpheus I just pulled my ord out, I have been lery bout this one from day one , I dont know wht it is but just not liking it , especially overnight ..JMHO
Posted by Morpheus on :
that news hit just after 8 am and its been down wver since..
Posted by Gary59 on :
If the dow breaks even today I am thinking we still have a few red days left . And if it goes up again today , we will need to have some kind of downslide with all of the money people are putting into the market right now, I cant see having so many gren days ahead in this market somethin has to give, I just dont want it to be me..I have give them enough over the last few years...
Posted by Gary59 on :
Haaa while i was typing HIG almost hit 20 today...
Posted by Gary59 on :
I have to admit though LVS is looking like its getting ready to bounce......I still might get some
Posted by Morpheus on :
ya know..with all the hype about "obama" stocks..alternative energy and solar are doing badly today..hmmmmm??
Posted by Gary59 on :
I just dont know about LVS the sma bands are getting farther apart and bol bands are not getting tighter, it might just keep heading down until the chart squeezes a little more it was only 5 bucks last week on tuesday
Posted by Gary59 on :
And the dow is down 268 points now
Posted by Gary59 on :
Did you get any LVS ?Morpheus
Posted by Gary59 on :
Volume realy has slowed down today on LVS , wonder if thats the reason for the pullback as well
Posted by Morpheus on :
no...when the breath of the market changes...that will be a go on longs..still being "patient" hey RAJ ..its always good to take profits..EEV has had a good run for now..the dow down 300..is it going lower today?? hmmmmm??
Posted by Gary59 on :
Chart looks like a squeze again coming up I am putting in another bid,OK lets see if this chart is right I have an ord in for 100 sh *11.60, chart is looking better as long as its not a fake out squeeze play here.....
Posted by Morpheus on :
gary...HIGis pulled back appx 10% from HOD..still dropping??
Posted by Gary59 on :
Check your chart on LVS Morpheus and see what you think , looks like a bounce coming if so I will be out really quick..
Posted by Gary59 on :
Yep glad im out now ,,Oh and I use the 1 day scottrade chart for daily sqeezes..
Posted by Morpheus on :
im thinkng ..one more big leg down overall..and then buy..maybe 10 minutes..??
Posted by Morpheus on :
im not familiar with that chart?? what tab are they under..or just a tool on the charts??
Posted by Morpheus on :
im also ready to jump on JASO too..i have 400 shares (bummer) but ready to double up on those..shortly
Posted by Gary59 on :
I still have my ord *11.60 dont want to chase this thing , it has came back and bit me in the ass once..I want my 25 bucks back out of this suckker. Posted by SoAngel on :
Gary59- Revenge trading is a big no-no.
Also, you are using a 5min chart on Scottrade to see your 1 day, I am assuming ? What moving averages are you plotting ?
Posted by Gary59 on :
On the regular quote screen you can set up your charts the way you like it then save them at the bottom , I have mine set with Boll bands ,schoctasic fast , macd sma 13 lines and candle stick with williams %r14.. and then you can pop back and forth to what ever day span that you like ,same day to 3 years...its a little tricky to get used to but once its set up it seems ok , saves opening another page I keep 4 open all the time as it is..
Posted by Gary59 on :
Think we missed it....... Posted by SoAngel on :
Gary59- Yes, I do the same thing. You like using the SmartText, I assume ? I also use Scottrader because it is the best real-time thing that they have. Then I keep 5 min charts open with 3 different moving averages.
Posted by rajthebam on :
sold EEV at 83.25 x 10 shares...nice 60 dollars profit in 24 hrs.....8% gain in 1 day
Posted by Gary59 on :
3 minutes on the daily chart with sma and all the others I mentiioned above
Posted by Gary59 on :
Good Job Raj, get in get out ,,I almost rode HIG down looks like..
Posted by Morpheus on :
depends on the movement of the DOW..its jut playint around 260 -300 level right now..once it chooses a direction then LVS will go that way too..but yew that a .50 move we missed..nextime..as for HIG..its just basing at the 17.90 level for now..could be a play for a buck too
Posted by Morpheus on :
good job RAJ..making some singles and doubles , lots of them ..thats the way to play
Posted by Gary59 on :
SoAngel, I have it set with fast stoctasics,macd 4,8 , william chart % at 14 , EMA is 8 , momentum is 24, with bolinger bands and SMA at 13. I think that with the fast stocktasics works the best for daily sqeeze plays..
Posted by Morpheus on :
here comes profit taking in LVS..
Posted by Morpheus on :
ETFC is kicking some butt today too..could be a nice buy a short term hold play..
Posted by Gary59 on :
I am going to look for another bottom on HIG at the EOD shakeout and see , I trust holding that one overnight ,,but Also need to see what the DOW is going to close at as well.Seems like HIG has always came back to its previous day high or broke it for a few minutes the last few days..So I am going to see if it dips below opening at EOD..
Posted by Gary59 on :
I seem to have a bad habit of trading the same few stocks until they stop running and loose a little before looking for new ones , I need to always keep looking for new plays because volume always drops off after a few weeks of flipping for me..
Posted by BooDog on :
quote:Originally posted by rajthebam: sold EEV at 83.25 x 10 shares...nice 60 dollars profit in 24 hrs.....8% gain in 1 day
WTG. Interesting pick. Strategy for ProShares UltraShort MSCI Emerging Mkts "The Fund seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse of the daily performance of the MSCI Emerging Markets Index. The Fund seeks to invest 80% of its assets to investments that, in combination, have economic characteristics that are inverse to those of the Index."
Were you playing this by the chart? Just wondering what your strategy was. Does look like its aiming for one of the gaps. We'll see.
Posted by Gary59 on :
Looks like another small squeeze coming up on HIG again. I still have 2 day trades left this week ,might just see wht happens here..HHHmmmmmm Gonna try 100* 17.35 on this one....
Posted by Gary59 on :
Hey BooDog good to see you back in today , not surfing?
Posted by rajthebam on :
boo tell u honestly i dont understand this charting business - i picked up the down cycle when it was about 12% down yesterday and today it shot back up due to market being down so jumped on the sell button at 83.25.....wish i had more $ in it but someone wiser than me on this board had suggested playing % game so i stuck with it and only played % of my available funds - cant do all in all out for much long so it has worked so far.... i hope to learn more abt MACD and other charting techniques fm the like of gary, morph and you if you wouldnt mind sharing the knowledge....
Posted by BooDog on :
quote:Originally posted by Gary59: Hey BooDog good to see you back in today , not surfing?
Watching ING gap to fill at 9.86
Posted by rajthebam on :
gary i saw u mentioned ur settings of MACD and other charts on scottrade and i use them also...could you share more light on each chart and what u look for and why...if you have the time
Posted by Gary59 on :
Hey Raj, go to the forum research page and someone ( I forgot WHo)posted a bunch of you tube vieo links on there and it really will help you in chart reading , It is explained in the video very clearly and there are videos for all types of trading and charts..
Posted by SoAngel on :
rajthebam- That is quite a bit of information to just start typing up, you should definitely look into buying some books. If you have Scottrade, you will use and love SmartText, and then you can plot as many things as you like and it will tell you what it all means. That is the fastest way for you to go about using those factors, but I suggest getting some books as well.
Of course, the question wasn't directed at me, either, so I apologize!
Posted by BooDog on :
quote:Originally posted by rajthebam: boo tell u honestly i dont understand this charting business - i picked up the down cycle when it was about 12% down yesterday and today it shot back up due to market being down so jumped on the sell button at 83.25.....wish i had more $ in it but someone wiser than me on this board had suggested playing % game so i stuck with it and only played % of my available funds - cant do all in all out for much long so it has worked so far.... i hope to learn more abt MACD and other charting techniques fm the like of gary, morph and you if you wouldnt mind sharing the knowledge....
I'm still learning myself. Peaser and Machiavelli are pretty good chartest imo. What really helps is if you have a live platform that you can watch a few indicators at the same time - in conjunction with live level IIs. I am still leaving way too much on the table, and I can tend to be a bit negative when it comes to certain resistance/support marks, my rules caution me, if it breaks out after I sell at like the 200 MA mark on the way up great for the other guy. Certainly a lot to learn.
Posted by Gary59 on :
You will be looking for bolinger band squeezes, macd and sma averages, those videos I posted about will explain it a lot better than I can , I am just now learning the charts myself , but those videos really helped me..They alsoo have them on reading the eps and background of a company but generally I look for volume plays..
Posted by Gary59 on :
Just missed a double bottom at 17.54 on HIG,, It should come back down before EOD though..
Posted by Morpheus on :
attention, attention, WE are approching freefall mode..man you battle stations..
Posted by Morpheus on :
etfc just dumped 10% in 2 blinks of an eye..
Posted by Morpheus on :
that carrot called HIG dangeling in front of my face is KILLING me
Posted by Gary59 on :
I have a buy in at 17.35 but it hit a double bottom at 17.54 and I wasnt watching , But this thing really shook out yesterday at about 3 oclock instede of 3:15 to 3:30 like it had been doing....So I am waiting for tht one , hope it drops back so I can get some today...
Posted by Gary59 on :
DOW still heading down -352 now
Posted by Gary59 on :
HIG is heading down kinda quick right now ,charts showing sma cross again , It might go down below opening price today, what do you think?
Posted by Gary59 on :
chart looks like weak head and shoulders chart now..
Posted by Gary59 on :
LVS is back to LOD
Posted by Morpheus on :
im think the european and asia market is gonna pick up where we leave off ..i like ETF plays now.. SRS and EEV
Posted by Morpheus on :
hig will be could for a bounce play comming up..
Posted by Gary59 on :
I still have a buy in at 17.35 but want to see how low it will go..Might even lower that when it starts dropping
Posted by Morpheus on :
ya know..with all the talk of a auto bail out..GM and F are looking real good too
Posted by Gary59 on :
Yesterday HIG went form 18.54 to 16.30 from 2:15 To 3:00 so I am looking for another dip
Posted by Morpheus on :
in about 10 minutes noon, the TV puppets are gonna come out with some gobbletygoog blah blah BS that will really kick start the dow..im betting down..hey its a 50/50..so position now is critical, im liking SRS
Posted by Gary59 on :
F and GM where up most of the morning , GM was up .40 at one point today and F was only up .13.. \ I still have 200 sh at 2.47 ave holding for it to go up..Might not be too long and I might grab a few more to ave down if it goes under 2 again
Posted by Morpheus on :
thats my bet...im sticking to it..just grabbed some SRS at 21.75
Posted by Morpheus on :
121.75 on the SRS and just placeing 15% limit buys for tommorow open on MSFT WLT and UYG
Posted by rajthebam on :
you meant 121.75 right?
Posted by Gary59 on :
Well is HIG gonna run sidwys the rest of the day holy smokes here..COME ON DIPP
Posted by Gary59 on :
Good pick Morpheus headin there..
Posted by Morpheus on :
yeah..100 shares..its about now you cant help but say..shoulda woulda coulda grabbed 200 ...but that kind of thinking will lead to a very early grave.."DWBH"
Posted by rajthebam on :
morph u buying SRS at 121ish? its already run up today by 12% or so? whats the upside?
Posted by rajthebam on :
by the way saw movie dark knight...truly amazing acting by heath leger - take a bow....its off topic but i think we all could use a little humor
Posted by Morpheus on :
the upside is als long as the "whole market" (the dow) keeps dumping..could be 10 minutes could be 10 days..let get out my crystal ball and get back at ya..
Posted by Gary59 on :
Upside is got 100 shares at 122 and now 125 or 126 , there's 300 to 400 on the table I would take it..
Posted by Gary59 on :
DOW down 404 now
Posted by Gary59 on :
and here is HIGs dip
Posted by Morpheus on :
yeah..but there is a term very important in trading.."conviction" along with patience and im already convinced tommorrow will be a down day too.. im not playing texas hold-em style..just putting in a small portion of my mola at a time..let the runners run..if you look back at my post a few days ago..im waiting for 3 good down days in the dow. then its "viva cyber vegas" style all in..most likely on MSFT
Posted by Morpheus on :
im gonna put in a trailing stop right about now..124.75
Posted by Morpheus on :
ok its in place GTC..
Posted by Gary59 on :
good move morpheus..
Posted by Morpheus on :
actually its called a stop limit..trailing stops are a little different and adjust automatically as the number climbs
Posted by rajthebam on :
bought 80 shares of TSO at 9.30
Posted by Morpheus on :
RAJ..good luck to you..where did you det TSO from?? all longs are dead for now..maybe its time to take out that hammer yo keep in your drawer and start smashing in your head! TSO..did yooooouu get one of those pump and dump mailers in your mailbox just now? or are you throwing those darts again?
Posted by Gary59 on :
Well HIG is dipping to a good point but I just got call from a friend and I will be going down to pompano in the morning to repo a 55 footer, so I wont be around all day and I hate holding while I am not here to watch it but friday is another day to trade nd I wont have to think about loosing money over it, and it looks like I missed the bounce as I was typing this anyway was looking for 17.40 to get back in....
Posted by Morpheus on :
i just kicked up my stop on SRS 125.40
Posted by Gary59 on :
Guaranteed money now good job..
Posted by Morpheus on :
gary..you must reside in florida?
Posted by Morpheus on :
i just double checked my limit buys for the open tommorrow..all are GTC ..some imes i forget to make sure
Posted by Gary59 on :
Yep Port Saint lucie Hurricane capitol of the world the last few years,,we had 3 direct hits a fw years back, about 45 north of palm beach.
Weeeee markets closed had an order for 100 sh HIG but didnt get hat low , I think It might get back into the 16 range in the morning and stop losses for me when its dipping so bad makes me nearvouse not being near a computer ,,But I get to take my boat out tommorrow..and take repo a boat..Watch now you will see me on cops next week..
Posted by Gary59 on :
Thanks for reminding me I just closed mine,, now I have to get outta here and get my boat ready for tommorrow ,, Have a good day trading tommorrow all, Make a bunch..
Posted by Morpheus on :
well well well...looky here..morpheus came out of his loosing streak quite nicely today..took a roll of the dice and winner...made up for and then some the last few days lost mola..but only took small risk in doing so..
Posted by Rockster on :
quote:Originally posted by Gary59: Yep Port Saint lucie Hurricane capitol of the world the last few years,,we had 3 direct hits a fw years back, about 45 north of palm beach.
hmm really. Might be moving there in a month or so. How do you like?
Posted by Gary59 on :
I have been here most of my life , since 1974, If you are in the market for a house this is the best time to move here you have plenty of housed to choose from around here , the market fell out last year and forclosures out the ears down here now,,Not sure what type of work you do Rockster , but Palm Beach is only about 35 min away for major city work,a lot of people here commute everyday , 20 minutes from the beaches, good fishing salt and fresh,, I love it but after being here for so long when it hits 50 degrees I am wearing a hooded jacket and 3 shirts.. What area are you looking at? In Port Saint Lucie?or just in Florida?
Posted by Gary59 on :
Also was getting my boat ready to go down to pompano and found out the steering cable froze up and it broke so I will be in here all day trading tommorow as well.Coulda made some money doing the repo, but if I get lucky I can make a few buck trading tommorow ..WWill have to get a few good trades in so I can get a new steering cable and helm box...that sucks..
Posted by Gary59 on :
Hey Morpheus looks like HIG dropped down under 17 after hours.. I am going to check pre market in the morning and see what I can get... If it does anything like today could see another 3 buck bounce , I will see what happens in the morning ..
Posted by Gary59 on :
Hey look at LVS this morning8.72 x 8.85 pr-market , I wont touch that one now unless news or somthing , but I had a feeling it couldnt keep heading up the way it has for 2 weeks..
Posted by Gary59 on :
SRS is at 135.90 this morning too...good catch Morpheus
Posted by Gary59 on :
Looks like its going to be a down day according to my list of watchers , MSFT down to 21.90 GM 5.70 AMX heading down bid of 30.02 GE 19.66
Posted by Gary59 on :
quote:Originally posted by Gary59: Upside is got 100 shares at 122 and now 125 or 126 , there's 300 to 400 on the table I would take it..
I retract that message I would have cost you 1k on that one.....
Posted by Gary59 on :
LVS is really taking a beating pre market down to 7.73 and still going , 673k shs so far this morning..
Posted by Gary59 on :
Looks like F and GM might make a bounce today ,but their bounces have not been very big GM had .30 yesterday and F had maybe .06
Posted by Gary59 on :
I cant find any news on LVS to make it drop over 3 bucks overnight...Anybody?
Posted by Gary59 on :
Quarterly reports out on these today , MIGHT WANT TO CHECK THEM OUT
DIS FLR NVDA QCOM CEG
Posted by Gary59 on :
DIS up .75 pre market chart looks like it could go either way today..Major chart sqeeze on monday made this one bounce 2 bucks,,,
Posted by Gary59 on :
News on LVS just came out on scottrade,, LVS files for MIXED SHELF sec filing.. What is a mixed shelf filing???????
scottrade definition:: Term used for SEC Rule 415, which allows a corporation to comply with registration requirements up to two years prior to a public offering of securities.
Posted by Morpheus on :
morning..logged on late today..talking about LVS on CNBC right now..lets see?
Posted by Morpheus on :
gary...do you get CNBC?
Posted by Morpheus on :
news...LVS needs to raise capital..if not they will be in default..sounds like a good story , no?
Posted by Gary59 on :
Hey Morpheus, I am not near a tv to watch but I think they might have it on the internet not sure of live feed though.. I have a buy in for 100 sh of HIG at 16.25 looks like it might get back there soon..Man your looking good with SRS today did you raise your stop loss yet might want to raise it to 137 or 138,, looks like a great one today..
Posted by Morpheus on :
oh dude..to be an active trader , i feel CNBC is a must..you can get TV thru the internet it yo pay the premium and they stream the show free in the evening,,europe cnbc..
Posted by Gary59 on :
Well I got 150 sh of HIG at 16.25 was in the process of dropping it and it went through.. going to sell at 17.34 that would be a safe 150 today, if it pops back up
Posted by Morpheus on :
hig hit 16.25 a couple of minutes ago..not sure about the bid? did it pick up? looks like it might break below that shortly and then its good for a bounce play
Posted by Morpheus on :
a 137 stop is not enough play...i sold half at 140 and the other stop loss set at 131
Posted by Gary59 on :
Damn HIG is under 16 now,,didnt expect that one..
Posted by Gary59 on :
chart shows double bottom at 15.89 so Hope it heads back up I am just looking for $100 on this one unless it heads back to 17.78 area..
Posted by Morpheus on :
i got a GTC limit buy on WLT at 19.20..that is a carry over from my muys i set last night..im letting it stay in place as it might hit and this one like a good bounce
Posted by Gary59 on :
HIG keeps making new bottoms ,,,,arrrrggg,,,,,Big drop might ring some bells out there and run it back up I hope.
Posted by Morpheus on :
gary.. you look a t the recent bottom a 8.25 in HIG it has mor than doubled in 45 days..id say there is panic profit taking going on right now..SCARY
Posted by Gary59 on :
Wonder if I should pick up another 100 to ave down of if I would just be chasing it into the dumper , HIG was almost 20 yesterday I guess it will re-trace a little after those high runs the last few weeks..Should have known better that get into mid morning fall..
Posted by Gary59 on :
Finally got a green candlestick at 15.09 and was trading below the bottom bol band looks like sma bands are going to cross here in a little while . I guess I will ride this one out a while just down 100 so far,,
Posted by Morpheus on :
lately ..about the first hour to hour and 20 minutes have been a pivot point on stocks direction..so about now could be the low for now ..but the whole market is weak overall and any longs are hitting the skids...im looking at playing bounce plays in inverse ETFs..but just in a holding pattern for now..i have limit buys on MSFT 20.50 WLT 29.20 AND UYG 8..but HIG looks to have hit a happy place for now
Posted by Gary59 on :
And I friggin knew better than to jump in this fast but got a little jumpy seeing it near 16 and was trying to change the order when it hit. but at least the chart is starting to tighten up a little and is getting off of the bottom bol band for now so we will see , I hope I learned another lesson here today....without loosing much..You never know might still make a few bucks with it today..
Posted by Gary59 on :
Here comes a squeeze on HIG in about 20 minutes it looks like by the chart ....wondering how much it will go up or down....
Posted by Gary59 on :
And look at all the mirror trades that are running through on this one,,MMs are fightin for shares now
Posted by Morpheus on :
f is under 2 bucks...
Posted by Morpheus on :
anybody on this board today trying to catch a "falling knive"
Posted by Gary59 on :
Me it looks like.... Posted by Gary59 on :
Hey Morpheus , do you think HIG is going under 14?,, I am thinking of averagin down another 100 she that would bring my ave to 15.38 or so,,,
Posted by Morpheus on :
sorry to say but yes...IMHO..i just but a bid on JASO at 4.35
Posted by Morpheus on :
HIG is a scalpers dream right at this point..i will try a few plays on it on the next pullback close to 14
Posted by Gary59 on :
I thought the chart was showing a sqqueeze coming up but the bands are getting wider now ,,,was just a fake out , I am going to have to ave down at 14 or lower ,then cut some losses..crap..
Posted by Morpheus on :
LVS reminds me of a WW2 submarine movie....he he Posted by Morpheus on :
im buyin into this LVS BS on the next leg down below 6.50
Posted by Morpheus on :
its doing 8-10% swings right about now..WOW
Posted by Gary59 on :
SMA lines are now touching lets see if they cross this time and head this thing back up a little ,,,,,,
Posted by Gary59 on :
GM and F are down real good but afaid to put needed cash into them right now..I need to hedge my HIG loss back now...
Posted by BooDog on :
I missed CNO this morning. Also watching DTG for its dip
Posted by Morpheus on :
the VIX is up over 13% and the "fear indes" is in full swing...according to the TV puppets
Posted by Gary59 on :
Well this sucks even worse I have to leave now for a few hours to ship out a guitar I sold on ebay , so I will be ou for at least 2 1/2 hours , I hate not knowing what is happening,, I do have a sell in on HIG at 17.00 , I doubt it hit it today ,But maybe the market will turn around and I have seen a lot of buys coming in at the ask on HIG so it might just run back up a little today HOD , I did not get to average down , ..Good luck today Morpheus I will see you here later on today..
Posted by Morpheus on :
just hit my sell on the other 50 shares of SRS at 141.57 ao im all out for now..
Posted by Morpheus on :
laters gary..
Posted by Morpheus on :
boo...DTG looks today to be one of the submarine movie stocks ..."dive" "dive"
Posted by BooDog on :
quote:Originally posted by Morpheus: boo...DTG looks today to be one of the submarine movie stocks ..."dive" "dive"
ya, could pull back pretty nice. Could see it do the $1 boogie again.
Rath's EEV filled the gaps all the way up to 102. wowzers.
Posted by Gary59 on :
OK I am finally back ,,Looks like HIG never did any bouncing at all but dow down 430 wont help at all,, I am already down so Unless it runs EOD I will have to hold overnight,,,,aaarrggghhh Howd you do today Morpheus?
Posted by SoAngel on :
This market sure is interesting to watch...
Posted by Morpheus on :
ah OK...i only made 2k...blah
Posted by Morpheus on :
only kidding on the blah....actually im doing cartwheels up and down my halls...yeepie...still 30 minutes left im just setting limit buy for the morning...all about down 12% for what the price is now JASO WLT UYG and HIG... if the unemployment report is as bad as they think..the do do will be hitting the fan...and a good time to nibble longs soon after that..
Posted by Morpheus on :
im also setting a limit buy on ford 1.72..3k shares..WTF not!!
Posted by Morpheus on :
looks like we are headed for the second of 3 in a row big down days..after the 3rd its time to buy buy buy...im likeing DIS and MSFT for my big money..DIS is gonna report after the close today...there closing on there low of the day..so my educated guess is ..NOT good..but the price dip will only be a temp thing..and MSFT just reported good earnings..so they are rip to move to the upside
Posted by Gary59 on :
Good Job today Morpheus, Guess I am going to hold HIG tonight if It dumps again tommorrow ave down or cut losses,not sure what to do with it now , But it ran yesterady on a down market ,it could happen again,I hope..Too late to get out with any hope of re-gaining anything..
Posted by Morpheus on :
i also set a limit buy on LVS 1k shares at 5.80
Posted by Morpheus on :
im really feeling a down open in the morning..maybe bail and buy back lower??? but holding will allow you to recoup if it should open higher..its a tuff call..
Posted by Gary59 on :
I think at this point I will take my chances and if it has another fake bounce in the mornig get out while I can then, today it popped up to 17.78 at open then steady downfall.so maybe it will pop up .75 or so in the morning then dump it..
Posted by Morpheus on :
scottrade had LVS restricted...i had to call to place the order..they do that on volatile stocks ya know..
Posted by Gary59 on :
Whew thank god thats over ,,,Gawd what a day.....
Posted by Gary59 on :
Trades after close are going through at 13.75 to 80
Posted by Gary59 on :
OK everyone see you in the morning....
Posted by Morpheus on :
yeah i left money on the table all over the place today...it was a very fluctuating day..really good to trade...tommorrow will be the same..I love cyber vegas
Posted by Morpheus on :
that was the biggest 2 day point drop of all time..WOW..its gonna shoot for the trifecta
Posted by SoAngel on :
LVS trading below 6.80 aftermarket, due to bankruptcy fears.
Posted by Gary59 on :
Well I just checked HIG after hours was trading at 13.90 so I might get luck and re-coup some loses on that one in the morning ..
Posted by Gary59 on :
morning all, lot of pre-market ups this morning..Might be like yesterday and pop up then tumble , I am going to get out of HIG this morning some time , not sure how high it might go before dropping though..some buys have been going through at 13.90 to 14.00 this morning so It will be another tricky one today , watch your assets..
Posted by Morpheus on :
agreed, watch your ass-ets..pre market is really changed direction quickly
Posted by Gary59 on :
Morning MR. Morpheus,, everthing is all over the place so far this morning I dont have a friggin clue what to think about today , but I do think th dow will end up in the red again..Now it looks like I should have headged HIG with another 100 sh at 13.10 yesterday and got out today at 15 ,HIG is hitting 14.30 pre market and a lot of people had it at 19.80 yesterday so I think hey will run it for a while this morning to re-coup then watch out below...I am in at 16.25 so if I can get out with a wash i would be happy to let it fall again...
Posted by Gary59 on :
2 more minutes and we will see ..DING DING DING
Posted by Gary59 on :
HIG looking better nobody is selling
Posted by Morpheus on :
its looking like amature hour head fake..everybody step right up, hurry hurry hurry ..you dont want to miss the boat..come my little lambs..BS
Posted by Morpheus on :
the whole dow will soon start to stair step its way down..too much bad news for now..missed the SRS trade already..errrr
Posted by Gary59 on :
Thats what it looks like ,,,sad to say,, and I have to leave again today and will be away most of the day today...So I am going to put in a sell at 14.50 to see if it hits before I leave if it doesnt re-coup a little before I need to leave...down almost 400 on that suckker..took most of my gains back from last week..that sucks..
Posted by Gary59 on :
Have you seen LFG this morning?
Posted by Morpheus on :
i hear ya..bummer...im gonna be playing LVS YHOO NVDA JASO WLT today..lots of movement in those
Posted by Gary59 on :
Glad I cancelled 14.50 sell on HIG
Posted by Morpheus on :
LFG does us no good now..looks like its gonna fill the gap down..
Posted by Morpheus on :
hig is showing some good strenght..nice
Posted by Gary59 on :
Now im only down 150 on it now that loss i can handle,and maybe my heartburn will go away..(bad coffee)and the market.... And the DOW is doing better thatn I thought it would today......I wouldnt mind just having a wash on HIG at this point..
Posted by Gary59 on :
Good thing you waited for SRS this morning..Did you get any LVS at 6.80?
Posted by Morpheus on :
i have a bid put in yesterday close LVS at 5.80..thought it would really tank on the BK news..
Posted by rajthebam on :
whats up fellas....be wary today....market will be all red by the time its 4 pm today.....
i am still holding TSO at 9.30.....might put limit sell for 10.00 for quick 5% gain....hmmm? dont u just love trading.....?
Posted by Morpheus on :
yo raj..good to hear from you
Posted by Gary59 on :
Morning Raj, get those gains while you can
Posted by Gary59 on :
Upper Bol Band on HIG is showing over 16.00 might just make it after this small selloff..
Posted by Gary59 on :
Pretty bad when Im cheering to break even....
Posted by rajthebam on :
yo morphine...last two days were really really down days for the market...type of market where you wish you had loads of morphine to kick in your veins.....and just rest easy.....
Posted by Morpheus on :
it just depend on which side of the trade you choose..always mola to be made every day
Posted by Morpheus on :
fxp is in play about now..really tanked..as the dow steps down ..fxp up
Posted by rajthebam on :
you guys looking at ONT?
Posted by rajthebam on :
Gary - what does ur chart say abt ONT? let me know when u r back
Posted by Gary59 on :
OK i got out of HIG at 15.50 took a $120 loss for that one but it will be easier to make 120 back than 400...
Posted by Morpheus on :
just popped into FXP 100 at 84.20
Posted by Gary59 on :
Raj, looking at the chart (1 DAY Chart) looks like bol bands are getting tighter and sma crossed a little while ago in the bullish area BUT I do not see much volume in that one only 323k so far today and has flatlined for the last 45 minutes It might come backe up a little but withoout volume I would sta back until it started a move, also DOw is heading back down ..Long term looks like it is just back where it was last week , dont see anything big happening unless some news hits..
Posted by rajthebam on :
thx gary....what i do is look at how u analyzed it and since i m looking at same charts on scottrade, i can see how u analyze it hopefully i will learn somehting fm it...
morph....decent entry on FXP i think...i can't wait till i m able to do 100 shares of ETF thats priced at 84 dollars....i think % game still applies even at those levels
Posted by Gary59 on :
F is starting to look good again,,might grab a few to put in long term holding
Posted by Gary59 on :
Raj , % is % once you get over trade fees ,
Posted by Gary59 on :
well f was looking good back around 1.80 level
Posted by Morpheus on :
i tell ya...bad jobs report..gm sucks...outlook on lots of tech ...the market is up big today so far.. i bought into FXP just before the GM report and thought that would make the DOW reverse direction..but now its wishy washy..
Posted by Gary59 on :
I see that Morpheus , I have no clue what is happening today I got out of HIG at 15.50 and Looks like it might run back up past that mark again , the DOW has everything screwed up today, it has been one of those shouda woudla couda days today..I am still looking for something to get my 150 bucks back out of today just not sure what will happen..HIG is a stable company been around a long time , If it dips again I might jst play them out one more time,, I still have 2 day trades I can use for the week and today I might have to use them..
Posted by rajthebam on :
does SEC look at mon-fri when they are allowing 4 strikes to people? how does this work? i m layman in understanding this...
Posted by Morpheus on :
oh yeah..im watching HIG too...i just had bad timing in FXP..errr
Posted by Morpheus on :
im wondering what happen to R1...??? long time no hear..
Posted by Gary59 on :
You get 3 round trip day trades per week unless you have a daytrader account.. Also you can buy into the same stock 5 times in one day and if you sell all at once it is only considered 1 day trade they count the sells not the buys of 1 stock per day..
Posted by Gary59 on :
HIG SMA bands getting ready to cross and head back down, I might grab more at the dip or see what EOD shakeout is going to be..
Posted by Gary59 on :
I have put an order in for 1000 sh f at 1.85
Posted by R1 Man on :
quote:Originally posted by Morpheus: im wondering what happen to R1...??? long time no hear..
Like I said before. I have my son M-Thursday. So its hard for me to get online.
I was told yesterday that GM was shutting down all of its North America operations for 100 days and was going to announce that today but don't see any news on it. I hate rumors.
Well, SKF can be shorted now I think. $146...but cover at $135.
Posted by Morpheus on :
R1 LIVES..yeeehaaaa
Posted by Morpheus on :
dis had a 10% reversal...wow...it had some bd news...its looking like bad news=good and good news=bad
Posted by Gary59 on :
Guess everyone is afaid of this market today trading has slowed way down this afternoon..
Posted by BooDog on :
I BOUGHT SOME FORD SO LOOK OUT BELOW! even my wife said stay away lol.
Posted by Gary59 on :
What did you get it at Boo I had an ord in for a few hours just wont get hit at 1.85...
Posted by rajthebam on :
...
Posted by BooDog on :
quote:Originally posted by Gary59: What did you get it at Boo I had an ord in for a few hours just wont get hit at 1.85...
I wasn't woried about a couple cents so I took 1.94, i was trying to buy last night after hours but it wouldn't come back down. Missed out on the under 1.90s since I cant watch live from work.
Posted by BooDog on :
quote:Originally posted by rajthebam: ...
I agree, but at least it's Friday! Posted by Morpheus on :
took my 150 profit on FXP for now..its realy flapping
Posted by BooDog on :
quote:Originally posted by Morpheus: took my 150 profit on FXP for now..its realy flapping
nice.
DOW is still green, that's one good thing!
Posted by Morpheus on :
im betting on a big drop at the open on monday..some international news will come out over the weekend..things have been waaaaaay to quiet..so with that in mind i have set limit buys GTC appx 12-15% current price on LVS 5.80..UYG 7.20..F 1.72..WLT 27.20..JASO 4.15..STP 12.25..and incase im wrong..the DOW upside pick is FXP 71..so if there is a big pop either way i got a chance to participate..
Posted by Gary59 on :
Good luck to you all here ,have a good weekend, I was not around a lot so didnt do anything but sell HIG today, been trying to find boat parts all friggin day and cant get a call back have a job on monday if I get it fixed this weekend,Have a good one and see you on monday guys.. and SoAngel if your reading this..
Posted by BooDog on :
quote:Originally posted by Morpheus: im betting on a big drop at the open on monday..some international news will come out over the weekend..things have been waaaaaay to quiet..so with that in mind i have set limit buys GTC appx 12-15% current price on LVS 5.80..UYG 7.20..F 1.72..WLT 27.20..JASO 4.15..STP 12.25..and incase im wrong..the DOW upside pick is FXP 71..so if there is a big pop either way i got a chance to participate..
The rate cuts should lead to better pictures imo. I'm still pretty mixed, too quiet? I agree, as far as big news? How about something with the auto industry? How many people are at wits end over this issue eh? This weekend should be very interesting indeed.
Posted by Morpheus on :
im just playing worse case senerios with limit buys ..international news has been very dull lately..wo we shall see..have a good one dudes
Posted by SoAngel on :
quote:Originally posted by Gary59: Have a good one and see you on monday guys.. and SoAngel if your reading this..
You can include me in "guys" Don't worry, I get that often.
Have a good weekend, everyone.
Posted by BooDog on :
nice close on F. Was thinking 2.03 but 2.04 is cool. Green is what counts. We'll see how bad AH takes it.
Posted by BooDog on :
quote:Originally posted by SoAngel:
quote:Originally posted by Gary59: Have a good one and see you on monday guys.. and SoAngel if your reading this..
You can include me in "guys" Don't worry, I get that often.
Have a good weekend, everyone.
Cheers SoAngel!
Gettin the whiskey ready now.
Have a great weekend all!
Posted by BooDog on :
quote:Originally posted by BooDog: nice close on F. Was thinking 2.03 but 2.04 is cool. Green is what counts. We'll see how bad AH takes it.
rats, 2.02 lol
Posted by Morpheus on :
so sorry ...soAngel..im a real nerd..did not realize..so with that i recant and shall bid everybody...have a good one peps..
Posted by BooDog on :
We are all nerds. In case I still didn't make it clear enough, I am most definitely male Posted by Morpheus on :
soAngel..gotch ya...that is what i thought after seeing the pics of your cool cars and all..hey its friday..what can i say
Posted by rajthebam on :
what a free ride?
Posted by BooDog on :
quote:Originally posted by rajthebam: what a free ride?
Using unsettled funds to buy a stock and then selling that stock before the settlement date. Some firms may freeze your account or sell other stocks out from under you to cover the settlement. They have called me and told me to make a deposit immediately or they would sell something else of mine to make up for it. If you have a margin account this wouldn't be an issue, as long as you maintain your margin requirements.
this is from the help topic on scottrade. Settlement Regulations Unsettled Funds - Trading in Cash Accounts
Interpretations of Regulation T, which govern how trades are paid for, state that funds from liquidations in cash accounts will not be available to pay for purchases until the settlement date of the sell.
Credit balances in a cash account may be used for purchases.
If the account has settled funds, there are no restrictions as to what may be purchased. If the credit balance is a result of an unsettled sale of securities, certain restrictions may apply. Unsettled proceeds from existing long positions can be used to purchase additional securities as long as the new purchase is not sold prior to the settlement date of the original sale that generated the proceeds used to finance the purchase. If it is sold prior to the settlement date of the funding sale without additional funds being deposited, it will be considered a free ride under Federal Reserve Regulation T. For example, if you sell a security on Monday the 1st, you can use the proceeds to make a purchase prior to the settlement date of Thursday the 4th. However, if you make a purchase before Thursday the 4th then sell that new position before the settlement of Monday's sale, you will then be required to deposit funds to pay for the purchase. If you purchase on Thursday the 4th, you may place a sell at anytime you wish, since the purchase was made with settled funds.
Mutual Funds and Fixed Income Securities can only be purchased with existing or settled funds.
Examples:
Monday 5/1/XX: sell 1000 (ABC) stock for $10,000.00 Sell has a settlement date of 5/4/XX. You make a purchase of 1000 (XYZ) for $10,000.00 on 5/4/XX, using the settled proceeds from the sale of 1000 (ABC) shares from 5/1/XX. Since the 5/1/XX funds have settled, you are free to use those funds to make purchases of stocks on 5/4/XX, and sell those stocks at anytime without having to bring in any additional cash to pay for the purchases.
You sell 1000 (ABC) stock on Monday 5/1/XX for $10,000.00 sell has a settlement date of 5/4/XX. You then buy 1000 (XYZ) for $10,000.00 on Tuesday 5/2/XX. Since you have used the proceeds from a sale that has not settled yet, to make a purchase, you cannot sell the 1000 (XYZ) stock until 5/4/XX. If you sell the securities that were purchased with unsettled proceeds, on 5/2/XX, before the proceeds settled, then you must bring in additional funds to cover the $10,000.00 purchase. If you do not bring in additional funds, then you will be charged with a free ride.
You have 10 (ABC) call options long in your account. You sell the options on Monday 5/1/XX, generating $300.00 in proceeds. You then use the proceeds to buy $300.00 worth of (XYZ) stock, also on 5/1/XX. If you hold those shares of (XYZ) stock until the options sale proceeds settle, on 5/2/XX, then you may sell those shares at any time you want without bringing in any additional money to pay for the purchase. If you sell the (XYZ) stock the same day that you bought the stock, the option sale would not have settled yet, and you would have to bring in an additional $300.00 to pay for the purchase of the (XYZ) stock.
You begin the day with a cash position of $10,000 on Monday 05/01/XX. The first thing you do is a buy of 1000 (ABC) stocks for $10,000. Then you sell those securities on the same day generating $10,100.00, which settles on 05/04/XX, and use the money to buy 1100 (XYZ) shares for $10,100.00, again on 05/01/XX. If you hold the 1100 (XYZ) shares until Thursday 05/04/XX, you can then sell those 1100 (XYZ) shares whenever you want without having to bring in any additional funds. If you sell those 1100 (XYZ) shares before Thursday 05/04/XX, then the 05/01/XX sell of 1000 (ABC) would not have settled yet and you could not use those proceeds to pay for the 05/01/XX purchase of 1100 (XYZ) shares. In this case you would need to bring in additional money to pay for that purchase.
You begin the day selling $5,000 of a Mutual Fund (ABCDX) on 05/01/XX. This Fund has a settlement date of 05/04/XX. You wish to purchase $5,000 of DEFGX on 05/01/XX using the ABCDX proceeds. This Mutual Fund could not be purchased until 05/04/XX because the ABCDX has not settled. Non-retirement accounts can either provide sufficient cash in the account to support the desired level of trading or apply for a margin account, which will allow you to trade without the 3 business day hold on sales proceeds.
If you do choose to sign a margin agreement, please keep in mind industry regulations that state if you complete 4 roundtrips (A buy and a sell on the same day) in a five-day period, you will be considered a pattern day trader and will be required to maintain $25,000 minimum equity in the account. Also remember, there could also be interest charges that would apply on any debit balances past settlement date. Please read and understand the Margin Disclosure before signing a margin agreement.
Posted by Gary59 on :
Well another Monday morning, News is saying its going to be a green day for the dow but who knows.. Not sure what to play today lot of pre market green this morning.. Wondering if HIG will hit back into the 18s like it did last week..
Posted by Gary59 on :
quote:Originally posted by Gary59: Good luck to you all here ,have a good weekend, I was not around a lot so didnt do anything but sell HIG today, been trying to find boat parts all friggin day and cant get a call back have a job on monday if I get it fixed this weekend,Have a good one and see you on monday guys.. and SoAngel if your reading this..
Sorry SoAngel, just re-read my post ,thats what I get for assuming something,,Also with my trading I assume something and its goes wrong too...
Posted by SoAngel on :
No worries. As for assuming and trading- you are talking to a guy who lost $15k in a matter of what seemed like a few days, so I know where you are coming from. Good luck! Posted by Gary59 on :
I see a lot of crazy up trading this morning and dont want to chase pre-market run , thats like #1 on my list of not todo's...
Posted by Gary59 on :
And guess what I have to leave to lake worth right now so I will be missing the run ....SOAB.. GOOD LUCK ALL back later
Posted by Morpheus on :
hit FXP at 66.25 on the open bid ..so im in
Posted by Morpheus on :
here little lambs, hurry hurry hurry, you are gonna miss the china rally...what a crock..buy low inverse etfs on the bounce..thats waaaas up
Posted by Morpheus on :
hey Raj...whats your "pick of the day"?? You seem to pull a rabbit out of the hat once in a while..
Posted by Morpheus on :
well fellas, im in my motothome today here at pismo beach CA (thats the beach you can drive up and down with your mototcar) and its a gorgeous morning..if you have never been, i highly recommend it..just splendid..i cast my pole out into the wave early this morning and caught 1 shore perch, (i think that is what it is)..oh yeah I just bailed on on FXP 70.65 for now and profit 450 bucks..not bad for hanging out in the sand...I love love love cyber vegas
Posted by Morpheus on :
picked up 1K shares JASO 4.08..
Posted by rajthebam on :
nothing today....was thinking abt getting rid of TSO at 10.25 but never hit it....oh well its heading down for now...will continue to hold it for now
Posted by Morpheus on :
something up with LVS right now..its really poppin..hmmm...
Posted by Morpheus on :
just changed my limit by to 7.50 on LVS..the way its poppin...maybe..this thing looks really strong at this moment
Posted by Morpheus on :
hig is at its LOD right now..headed lower?? it seems so..could be a bounce play forming
Posted by Morpheus on :
bumbed my limit buy on LVS to 7.35 at this point..
Posted by Morpheus on :
im looking pretty tard'd right about now..on my FXP..you take what you can get..but things really look like good mola ...can be made today..good low risk bounce plays look to me to be STP AIG JASO and LVS
Posted by rajthebam on :
out of TSO at 10.35 for abt 8% gain
in JASO at 3.90 x 100 shares....looking for quick 50-100 bucks - did you guys buy JASO?
Posted by Morpheus on :
im in JASO at 4.08..blah
Posted by SoAngel on :
JASO down 20% on no news that I can find ?
Posted by Morpheus on :
really rolling the dice now...just doubled up on JASO at 3.61
Posted by Morpheus on :
yeah go figure..lost all my earlier gains and then some..
Posted by Morpheus on :
betting on a "last hour rally"
Posted by Morpheus on :
here my thinking on LVS..china gets mola...china people love to gamble in vegas and elswhere..LVS should benifit..call me stupid..but make sense to me
Posted by Morpheus on :
im playing "down monday, up tuesday" and keeping my longs with failrly loose stop loss in place..im climbing the "wall of worry"..laters
Posted by Gary59 on :
OK I finaly got back ,its after closing,does not look like I missed much, by the looks of it I would have lost money somewhere so glad I was gone but let me look at FINVIZ and tell you what you should have played now See you guys in the morning ..
Posted by Gary59 on :
OK , looks like I will be here for a while today.. stocks heading down pre market so it might end up being a green day, it seems to be running opposite of every indicator this last few weeks .. Might watch HIG for a quick flip today it was 13 to 16 range yesterday and down to 13.80 pre market this morning. SRS is up 7 bucks so far pre market FXP Is even so far.. Good luck TOday all
Posted by Gary59 on :
ANd reading AIG info looks like it might be a good flip for today as well, might try some of that one too..
Posted by Gary59 on :
Quick look at AIG chart it popped the last 2 days at open then dropped all day and yesterday at close MACD line look like a sqeeze and the SMA bands are crossing and the stochastics are crossing as well to the bullish side..BUT you never can tell the market anymore..Also from 3 oclock yesterday it had 3 hit to 2.43 within 45 minutes EOD..They where fast so I cant tell if it was a fat finger or what but it happend 3 times in that time frame..
Posted by Gary59 on :
OK orders in for F at 1.88 and AIG at 1.98 havent figured out what to put on HIG or even IF ..OK just cancelled orders things starting to drop faster than I expected pre-market going to watch awhile to see what happens mid morning...
Posted by Gary59 on :
Well just got a call gotta go for the day...rot
Posted by Morpheus on :
what is up with LVS...it has stopped trading..anybody know?
Posted by Morpheus on :
Las Vegas Sands Corp. (NYSE: LVS) announced today the pricing of its public offering of 181,818,182 shares of common stock, 5,196,300 shares of its 10% Series A Cumulative Perpetual Preferred Stock and warrants to purchase an aggregate of approximately 86,605,173 shares of common stock at an exercise price of $6.00 per share. The common stock has a public offering price of $5.50 per share.
Posted by rajthebam on :
JASO JASO what r u doing?
Posted by Morpheus on :
i got stopped out on JASO 3.60 first minute this morning ...will buy back lower
Posted by Morpheus on :
i have a stop loss on LVS at 7.50...it did not pick up due to a gap down open..doubt if it will..
Posted by Morpheus on :
raj..jaso is doing what every stock for now..going down..
Posted by Morpheus on :
my limit bid on Ford 2k shares at 1.72 just hit
Posted by Morpheus on :
i had a limit buy on HIG a5 10.50 and it missed by a penny...im lowering it to 10.44 just for kicks..i alos have bid in for UYG 6.80 and WLT 27.80..
Posted by Morpheus on :
hey i just got back from a nice walk on the beach and it looks like im in HIG 400 at 10.44
Posted by Morpheus on :
also LVS is tradeing once again...blew right by my stop loss order ..did not pick it up..crazy
Posted by rajthebam on :
morph...market can't keep tanking like this...was hoping for last hour rally up but did not happen....m optimistic abt tomorrow though...would love to sell off my JASO for some mola - would be happy even with 5% gain after commissions....
morph whats ur return for the day? i m sure you probably made killing on the FXP you had right? nice entry on HIG at 10.44 - did you have limit buy while u were out walking?
Posted by Gary59 on :
OK back again 7 at night , looks like I got lucky again and had to work away from the computer today so I didnt loose money today , like I posted earlier I was going to get F and AIG and some HIG ,, good thing I didnt , but made a few bucks more moving a boat today so I can put it into my account later on..... Talk to you all in the morning....
Posted by Morpheus on :
raj..oh yes...the market can keep tanking like this..strange but true..you have to be cautious and reactive to what the msrket is you..that is the way its always been..as for me today..i lost mola..LVS hurt me..i had a stop loss limit at 7.50 and this just got blown by and not picked up..so im down 8 big bones on that one..and yes..all buy are done with limit orders..in this case..im just setting low bids and F and HIG both hit..so im long on both of those for now..JASO, i got stopped out at the open and just did not get back in when it hit 3.20..oh well..im thinkin that 7 of the last 8 sessions have been down..so wed has a good chance of nice up movement, barring no crazy news..if not im liking inverse ETFs..EEV SRS EXP SKF..they all have nice interday movement
Posted by Morpheus on :
i got fat fingers.....to what the market is telling you..and not EXP, what i like is FXP, im also betting on an auto industry bailout..but after the WM debacle,and previously getting burned in stuff like worldcom and enron, im really cautious, otherwise i like GM after one more good drop..at least they are upfront about going under..reminds me of 2001 and NT..I kept saying "it cant get any lower" and i kept buying..5 bucks 3 bucks 2 bucks 1 bucks and finally .50 cents..that was crazy..just aroung 500 shares a pop and then 2000 at the 50 cent point..all along saying .."they arent going under" and they didnt..same thing with Crysler way back in 1979..they actuall hit 2.50..i bought about 2000 shares which was about all the money i had in the world..and it did good for me..could this be history repeating???
Posted by SoAngel on :
I guess it is quite a shame that I am still holding JASO, as their earnings release was not good. 2.70 pre-market. Not sure if I should keep holding at this point.
Posted by Gary59 on :
Morning All, looks like I will be in today ,,I am looking at AIG this morning news out , more money and lower libor rates and gov is buying 40 bil worth of shares ,, News this morning migh be good for a small flip have premarket ord in at 2.10 might bump it up a little it did hit 2.35 yesterday before EOD might just do a little dance for me today..
Posted by Gary59 on :
Morning SoAngel,looks like HIG down pre market as well AIG is bumping down a bit and F is up.08 ps..What do you think will happen today? Up or down take a spin of the wheel here today..
Posted by SoAngel on :
I just sold my JASO for 2.65 Pre-market. Huge loss from 4.12 average.
Posted by Gary59 on :
SRS is UP 7 bucks pre-market today
Posted by SoAngel on :
Gary59- I am guessing another down day, but that is strictly a guess.
Posted by Gary59 on :
It is as good a guess as any t this point , I used to think the market would rebound after a few red days before heading south but this last week has been brutal on everyone..
Posted by Gary59 on :
GM and F are heading up before the bell wonder whats up maybe bailout money coming thier way????That we dont know about yet??
Posted by Gary59 on :
OOWWWCHH , another 200 point drop at open ,,,no buys open for me now..
Posted by Gary59 on :
SRS UP 12.85 so far
Posted by Morpheus on :
jumped into WLT 26.70
Posted by Gary59 on :
Hey Morpheus I thought you where out fishing...
Posted by Morpheus on :
not today, just hanging out with my laptop in my motothome. its kinka cool and foggy this morning...i have a sprint wan connection and its cool..i get web any where you get cell phone link..
Posted by Gary59 on :
I should have kept my ord in for AIG at 2.10
Posted by Gary59 on :
How fast is the sprint web link? I have a friend in thi area and is real slow..
Posted by SoAngel on :
Fuggin' JASO creeping up towards 3.00, POS.
Posted by Gary59 on :
Liines crossing on AIG have an order in now for 2.10 might get it on the mid morning dip if it gets ther, I thought about JASO earlier but didnt pull the trigger because of the last few day drops on it and news out , but looks like people trying to get some money out before they drop it again.., I might get a fe wif it gets back to the 2.50 area
Posted by Gary59 on :
JASO looks like its heading back down ,looking at the chart
Posted by Gary59 on :
Weee HOOOO ,, I forgot to tell you guys ,, I got a lotta ticket this morning for the Lotto tonight and its 24 mil and the girl at the checkout said I was going to win,,So I wont be here tommorrow I will be going to home depot to get a BRAND NEW wheelbarrel to carry my cash home in the morning... Posted by Gary59 on :
Man if this crap keeps up Im taking my ball and going home..
Posted by Gary59 on :
Anybody see SOL any opionions? I did some quick scans on it and financials look good have had good earnings but dropped 31 % so far this morning and no bad news out...
Posted by Gary59 on :
OK playin it kinda safe picked up 100 sh of MSFT for 20.75,, can hold that one a few days now without worrying too much about the bottom falling out..
Posted by Morpheus on :
im waiting for MSFT to break below its low 20.65..then im in
Posted by Morpheus on :
just dieing on the vine real slowly today...blah
Posted by Morpheus on :
i just put in a bid for F 1000 shares 1.85 ..why not
Posted by Morpheus on :
auto maker bailout is the only "good news" out there lately
Posted by Morpheus on :
im in UYG..from a lowball bid i placed 2 days ago..3.59
Posted by Morpheus on :
ooops...make that 6.59..im the only idiot in america..buying
Posted by Morpheus on :
just picked up more ford..1.85..man o man ..am i stupid ..or what??
Posted by Gary59 on :
OK I am backk had to run the boat trailer to have a tire patched , been out since I bought MSFT...Gonna see what is happening..
Posted by Morpheus on :
loosing is what is happening...
Posted by Morpheus on :
breaking news just out..christmas is canceled this year due to lack of interest..
Posted by Morpheus on :
anybody on the board happen to see some good buys?? hee hee
Posted by SoAngel on :
I bought some EXEL at 3.28 (laugh) and then again at 3.07.
Posted by SoAngel on :
And I really like MYL (9.09) right now, but I am out of cash.
Posted by Gary59 on :
I havent been around to check anything today I am still looking but just did a stupid friggin fat finger move, my computer is slow when I first start it for about 5 minutes (I need to re-format and get some crap off of here) then I was placing a GTC sell on MSFT and ended up buying another 100 sh at 20.49, so I ave down to 20.65 for the 200 sh but now I am into my margin money that I did not want to get into..Hope it runs up a little and I can hop out of it or just wait until morning ,,SNOTT,,
Posted by Gary59 on :
Hey Morpheus did you get out of WLT?
Posted by Morpheus on :
just dropped 9k into MSFT 20.35
Posted by Gary59 on :
NIce move Morpheus we have to have a green day soon this is killing me,,now a 2k fat finger sucks.......Lot of buys going in at 20.34 and 35 aftermarket thoughand one just went through for 20.7286 for 126000 shrs ,,,,HHHMMMM Might be up a litle tommorrow.... I dont feel too bad about the fat finger at least it was for MSFT and ave 20.65 , It has been swinging into the 21 & 22 range a lot lately..
Posted by Morpheus on :
gary..i actually bought another 100 shares 23.75..its official..i am the biggest stupid in all of america...there is absolutely zero good news or any other reason to buy long into stocks..i guess that is why i did..??? somehow..i got 8 stocks which is really not like me..i usually do not have more that 4-5..ouch
Posted by Morpheus on :
msft is at it lows for the DECADE...matching 2001
Posted by Gary59 on :
Well Morpheus , we cant keep having these red days on the dow much longer , 7900 was the last bottom so maybe tommorrow will be the triple bottom on the dow everyone was talking about and then we head up a little, so what you are holding are good stocks , but like you said its not a long market yet,hope you get some gains the next few days.. As well as all of us that have been holding on by our finger tips here..
Posted by Gary59 on :
News out on MSFT 10 minutes after closing::: Might Be good in the morning..
DJ With Azure, Microsoft Makes Big Bet On Cloud Computing
. By Jessica Hodgson Of DOW JONES NEWSWIRES
SAN FRANCISCO (Dow Jones)--Microsoft Corp. (MSFT) is staking its place in cloud computing, trying both to grab a share of the fast-growing market for off-premise computing and protect its franchise packaged software products.
Last month, the world's biggest software company unveiled Windows Azure, a platform that allows developers to write Microsoft-compatible software that is stored on and accessed from its servers. Azure also lets users access online versions of Microsoft applications, like databases and email servers.
Azure underscores Microsoft's intention to shake up the world of cloud computing, the growing trend towards hosting applications and data on off-site servers, rather than on individual computers' hard drives. The Redmond, Wash. company is trying to tempt its core customers - the world's biggest companies and most consumers - to stay with familiar products but access them in a new way, rather than switch to alternative services offered by cloud-computing pioneers like Google Inc. (GOOG) and Amazon.com Inc. (AMZN).
Embracing cloud computing marks a change in thinking at Microsoft. Worried that cloud computing would cannibalize sales of its Windows operating system and Office software applications, which account for the bulk of its $60 billion in annual revenue, the software giant has up until now treated cloud computing as a marginal trend. Now, it is clearly more concerned that not offering those products online could mean something worse: losing sales to its cloud competitors.
"What I think Microsoft is trying to do is to freeze the market," said Matt Rosoff, an analyst with Seattle-based research firm Directions on Microsoft. "They want people who may have been thinking about experimenting with on-demand products to hold off and wait to see what their products are like."
Microsoft is a late entrant to cloud-computing, which has allowed Google, Amazon and Salesforce.com Inc. (CRM) to develop the new market. Many smaller companies are adopting cloud-computing because it allows them to cut costs by eliminating outright software purchases and pay for just the software they use.
Though everyone agrees cloud-computing is growing, opinions differ as to whether it will replace on-premise computing or simply develop alongside it. Deutsche Bank analyst Tom Ernst says the market for packaged software has already peaked. Within five years, Ernst estimates cloud-computing services will account for roughly half of the $60 billion application software market. By contrast, Oracle Corp.'s Chief Executive (ORCL) Larry Ellison, has mocked cloud computing as "gibberish", and said few companies will be able to profit from it.
Microsoft's commitment to the business model could boost expectations, prompting big companies that have been reluctant to embrace cloud computing to adopt it. Richard Campbell, co-founder of Vancouver-based Web developer Strangeloop Networks, says many of his customers are asking about cloud computing, though few have switched, largely because they have concerns about security and reliability.
"Microsoft being in this game lends legitimacy to the model," Campbell said. "This will mean cloud computing is no longer an avant-garde thing to do."
How much of the market Microsoft will grab and what sort of revenue cloud-computing will generate remain open questions. Bob Muglia, who runs Microsoft's servers business, said in an interview the company will tap a variety of business models, but declined to be specific.
Cloud computing will likely open multiple revenue streams for Microsoft. The company could simply charge a metered rate for using its computer power and storage. In addition, some developers say Microsoft might be able to offer tiered pricing based on priority access to its computers. It will also charge for subscriptions to its Office suite or database products. Lastly, it might be able to sell advertising on some of the products offered to consumers.
Analysts say figuring out the revenue model - and how much it will contribute to profits - could help support Microsoft's share price, which has fallen 42% so far this year, mirroring the decline in the Nasdaq. On Wednesday, Microsoft shares closed down 4.3% to $20.30.
Microsoft is moving carefully, protecting its packaged software franchise while assessing how the cloud computing market will develop. It has adopted a hybrid approach because it says most customers will continue to want on-premise products, a position supported by many analysts.
"For large enterprises, it's not a foregone conclusion that they will all move to the cloud," said Peter O'Kelly, principal analyst with O'Kelly Consulting. "For those that do, I think there are scenarios where Microsoft's profitability online could be greater than its offline profitability."
Still, if Microsoft moves too slowly, it risks letting innovators, like Google and Amazon, grab market share. Those companies don't face Microsoft's profitability dilemma because they don't have physical software franchises to protect.
That has some observers saying Microsoft will ultimately have to bite the bullet and accept an erosion of their packaged software profits.
"If it becomes a popular way of doing mainstream business, it's hard to see how they can avoid cannibalizing sales of their desktop services," says Nicholas Carr, a former editor of the Harvard Business Review who has written a book about cloud computing. "It's going to be a scale game."
-By Jessica Hodgson, Dow Jones Newswires; 415-439-6455; jessica.hodgson*dowjones.com
Posted by Gary59 on :
Now MSFT is after hours went down to 19.84.......so now we hit another low....SOAB.....hope it hits green tommorrow... Posted by Gary59 on :
Theres a LOT of news out on MSFT this morning , building offices in china and also adding a lot of research money to keep up with compitition and 0% loans to companies that buy over 20k in software for 3 years ,, A lot of news out not sure what it will do trading pre market is in the 20.13 range this morning so far but thats better thatn 19,85 ike it was last night..They need some good positive news with numbers to run this thing but I am sure that the low it hit yesterday will bring a lot of new people ino this one..
Posted by Gary59 on :
9 Oclock hit this morning and a lot of pre market buys went in at 20.15 this morning B A is going up a little..
Posted by Gary59 on :
If It matters DJIA is looking like its on a triple bottom today , hope we see green some time soon..And MSFT now 20.21
Posted by Morpheus on :
waaaaasss up gary? its gonna be a good day today , right?
Posted by Gary59 on :
I sure hope so ,, looks like a lot of ups so far LVS is up .33 GM UP .28 F UP .08 AIG UP .07 JASO UP .20 SOL UP .38..Looks like a lot of green at least pre-market Morpheus ,, Might be a green day for the DOW,,,,AND I havent seen this much pre market trading for MSFT for a while its at 127k shs so far,thats double of yesterdays pre marke sales
Posted by Morpheus on :
im heavy in UYG..1500 shares ..so its gotta go up up up and MSFT..im looking to grab MON too most likely about 10k worth
Posted by Morpheus on :
coin is looking pretty good too..but not alot of mola into it 3-4 k only risk
Posted by Gary59 on :
MMs are really working MSFT this morning some buys went through 20.28 few minutes ago..
Posted by Gary59 on :
DING DING DING Dow in the green first off this morning..weeee
Posted by Gary59 on :
Damn looks like a good one on MON for you this morning Morpheus and UYG up a little..
Posted by Morpheus on :
picked MON at 79
Posted by Gary59 on :
SHlT , I hope that wasnt a frigging fake run, dow back to 22 up from over 100
Posted by Morpheus on :
FnA ..everything was green just a minute ago??
Posted by Morpheus on :
i got a bid in for JASO 1000 shares at 2 almost there
Posted by Morpheus on :
this is really looking grim..blah
Posted by Morpheus on :
BAC stated they rated LVS higher today up from junk status..that should move it up..
Posted by Gary59 on :
Just took the words right out of my mouth Morpheus,,,,,Im wondering if I need to get out of enough MSFT to cover my margin so I dont get stuck or all of it all together now take the 200 loss , gonna wait a littl and see if it heads back to 20
Posted by Morpheus on :
efffin JASO just missed my limit buy ...by a penny..shoot
Posted by Gary59 on :
Looks like the dow is heading back into the green again, maybe that will help
Posted by Gary59 on :
Looks like your back in the green with MON and UYG Morpheus..
Posted by Morpheus on :
JASO had a 20% bounce...i own some but i wanted more at the low price..oh well..
Posted by Gary59 on :
I just called scottrade office about margin calls and stuff , I did not want to use the margin account money but the mistake I had yesterday put me in it but I still have plenty of room for MSFT , more room for it to go down than I would hold it anyway..I cant beleive its even under 20 , thats just craazy..I cant understand this market and with the dollar down and gold being down at the same time has been against all years of history in the market , and I cant figure out how the last few days that my charts are even showing the total opposit of what a stock is doing according to SMA and Bol bands , its freekin driving me nuts,,
Posted by Gary59 on :
Dow back in the red and MSFT hit another low 19.52
Posted by Morpheus on :
looks like MSFT is a case of ..good news is bad..hmmmm
Posted by Morpheus on :
msft is most likely tied into the "consumer spending" BS they keep pumping into the news..so most likely projected Xmas sales will be down..
Posted by Gary59 on :
I guess I am going to sell out sometime today and take the loss but dont know when I still have 5 hours of watching this crap to do it..
Posted by Morpheus on :
im getting ready to buy more
Posted by Gary59 on :
Sounds like a good idea morpheus , I dont have a clue and i am tied up now with all of my money and then some in it hoping it will pop back..I just cant see that with all the positive news about where they are going it is still dropping.. MSN says its tied to Intel and they had a bad 3Q just come out so this might only last a few days I might tough it out and hold at least to a wash position (20.65) And that seems low for MSFT looking at income and history of the company..
Posted by Gary59 on :
Looks like we are the only ones in here today , wheres BooDog, Raj and Soangel today, Chime in if your looking I could use some pos info
Posted by Gary59 on :
You migh get hit at 19 if this shlt keeps up or down Posted by Morpheus on :
gary..lets look at the bright side today..dow is NOT down triple digits..and hey ..even if you make 10%+ in a year ..thats a good return on investment..i truly think MSFT will be higher than 23 real soon..so that is why im pumping big mola into it..my goal has been 10-15% gain..they're not in danger if coming out tomorrow and anounceing ..we are going out of business..so ..as always..time will tell..
Posted by Morpheus on :
im thinking of changing my name from "morpheus" to "no-one" cause on the tube , they keep saying "no-one is buying"... Posted by Morpheus on :
this market is getting me real quezzy..up..down..up..down..
Posted by AJGrano on :
Got in GENT a few days at .42 now printing .71. Probably going to get out soon.....
I wanted to get into MWY but its probably too late to get in now to make profit.
Posted by Gary59 on :
Hey Morpheus did you have to say triple digits???
Posted by Gary59 on :
OK call me stupid I picked up 200 sh of F at 1.75 to add to my turdfolio
Posted by Gary59 on :
short little news blurp on MSFT::
*DJ Microsoft Live Search Cashback Showing Traction With Advertisers And Consumers
.
(MORE TO FOLLOW) Dow Jones Newswires (201-938-5400)
November 13, 2008 12:30 ET (17:30 GMT)
Posted by Gary59 on :
OK at least charts on F are looking like they are getting ready to head back up a little....
Posted by Morpheus on :
well ..so far today..thats looking like 9 out of the last 10 sessions for the down side.. Posted by Morpheus on :
wow..my limit buy on STP hit at 9.65..there another addition to my crapfolio..
Posted by Morpheus on :
i also have a bid in for more MSFT at 18.65 just a little at a time..someday this BS is gonna end..
Posted by Morpheus on :
news just out...the masses love MSFT and MON..buy baby buy
Posted by Morpheus on :
"Got in GENT a few days at .42 now printing .71. Probably going to get out soon.....
I wanted to get into MWY but its probably too late to get in now to make profit."
AJG...those look very promissing, but for me i do not put big enough money into penny stocks to make the big dollar return..true..the percent is good but it could also srop as much too..most i ever put into sub 1 dollar stocks is 1k..thanks for the info im putting these on my radar for now..
Posted by Morpheus on :
i have a stop in place on STP at 10.30..the upside looks good..if it takes it out , i still make mola on this one..300 shares
Posted by Morpheus on :
the boob tube puppets are saying that the recent lows have been "re-tested" and held up and that could be the "bottom"..so im moving cautiously into defensive buying mode..plus bozo the clown is giving a speech right now and when he has been on the TV the market crashes..but not so far, its actually up..so go figure.
Posted by Morpheus on :
if you fella were'nt buying 1 hour ago ...you missed out on some EASY MOLA...
Posted by BooDog on :
quote:Originally posted by Morpheus: the boob tube puppets are saying that the recent lows have been "re-tested" and held up and that could be the "bottom"..so im moving cautiously into defensive buying mode..plus bozo the clown is giving a speech right now and when he has been on the TV the market crashes..but not so far, its actually up..so go figure.
Now that's funny!
Just wait till Paulson gets on again. Or is that who you refer to as Bozo? rofl!
Posted by Morpheus on :
pushing up all my stop losses..but still leaving enough wiggle room to run
Posted by Morpheus on :
no the would be the "lame duck"
Posted by Gary59 on :
OK Im back ,, had to be away , didnt have money to buy anything anyway,, But looks like MSFT is heading back up to HOD today if so I will hold overnight and see if we have a green day tommorrow..
Posted by Morpheus on :
gary...you're missing the biggest turn around in history (well maybe)...did somebody say RALLY baby
Posted by Gary59 on :
Bad thing is no cash today I did get some F at 1.75 though...And going to make up my mind what to do with MSFT only down 100 bucks now,, so if it keeps up might get out with a few bucks to have trade money in the morning..
Posted by Gary59 on :
I forgot about HIG it had a 2 $ swing today,,,
Posted by Gary59 on :
Glad I took a valium a little while ago, now Im not kicking myself as hard..
Posted by Gary59 on :
OK almost even on MSFT that makes me feel much better and up a little on F so today might end up better for me than I was thinking earlier....And Morpheus looks like you had a pretty good day today with your picks,,Good for you,glad someone played smart today..
Posted by Morpheus on :
this rally will carry over into tomorrow..only one of my stops picked up STP at 10.90..blah..of well
Posted by Gary59 on :
I did see a report on CNBC that said tommorrow was an expected rally because of the bottoms we hit today so I have set a sell on MSFT at 21.65 that would bring me 200 profit and if it runs I can raise that one as well..
Posted by rajthebam on :
RALLY RALLY here it comes....guys....
Posted by Morpheus on :
i also jumped into MON way too early..but you get what you get..im riding about 40k in equities so it better carry over tomorrow
Posted by Gary59 on :
I think MSFT is going to close at 21 or real close the way it looks now..22 minutes before close hold on to your hats guys..
Posted by Gary59 on :
What a load off my mind , I know its not over but my break even point was 20.65,,if it stay up holding for tommorrow..
Posted by Morpheus on :
oh yeah baby..."no-one" is buying...eeeehawwww i went from down over 3k today to up over 2k+...WOW
Posted by Morpheus on :
gotta take off early..laters
Posted by Gary59 on :
Have a good one Morheus and great day for you...
Posted by rajthebam on :
i gotta bounce too see you morph and gary
Posted by Gary59 on :
See you guys in the morning,, turned out to be a good day for all I think..
Posted by Gary59 on :
I sold 100 shr of msft, still holding 100 sh for tommorow but ave down and ready for another run , iwas down 500 in the day now ended up with only 100 gain but it was better than the 400 loss.. Good night all , I am wore out after todays roller coaster ride..
Posted by AJGrano on :
So I go to sleep at about 1pm because I worked from 10pm until 11am and BOOM the market turns around. Maybe I should just sleep from 930 - 4 everyday for the fate of our economy!
Posted by Gary59 on :
Good morning all (I HOPE) and AJ GO TO BED NOW OK! Well we will see what the market is going to do to us or for us today..At least I got out of some of the margin money MSFT that I had for a profit yesterday, I hate holding anything on margin acc. money..I should have held because it was in the green but now days you never know I dont want a margin call I dont have any spare cash to give up now. I am basically all in MSFT and F today if either break a certain point I am out with profit to look somewhere else for gains but yesterday was an exciting day but by the time I turned the computer off I was wore out from watchiing that ride yesterday.. Good Luck All Who are in today ,And we might see a green day today..
Posted by SoAngel on :
I am still holding EXEL, and I will continue to hold until it goes 3.50+ so my activity isn't much to get excited about, since I haven't done anything.
Posted by Gary59 on :
Morning SoAngel, looks like you might get your 3.50 this morning..ask is at 3.79 now but no shares traded yet .. I am not sure what to play today going to wait and see what kind of open we have today,, MSN says indicators show a down day , I might get out of the rest of MSFT to free up cash to trade.If it pops back up a little for profit this morning ..
Posted by SoAngel on :
I have my sell set at 3.53, so we will see what happens. It has been following the market, so I am obviously hoping for another rally. I won't be at the computer much today, however, so I am holding no matter what until it hits my GTC sell order or until I am broke again.
Posted by Gary59 on :
Citigroup is trading a lot this morning news out on them this morning,, might see what happens a lot of mixed reviews on C lately..665k shars traded so far and up .19 << Charts look good for this to go over 10 today only under 10 yesterday through all of this crap..And SMA lines crossed o bullish just before market closed yesterday...now up .28
Posted by Gary59 on :
COIN up .22 this morning..C is up .30 AIG is looking like it might go too.., Might be a day for fins
Posted by SoAngel on :
Well, good luck to you. I won't be around a computer for quite awhile.
Posted by Gary59 on :
HIG is running good..ETFs EEV and SRS doing good this morning
Posted by Gary59 on :
Thanks SoAngel ,, looks like Im going to need it today
Posted by Gary59 on :
LVS is running up good as well up 12% so far might get some on a dip ..
Posted by rajthebam on :
Got in last night on FXP at 60.50 - its running up nicely this morning - like this ETF business if you are on the right side of it....
JASO is still trying to creep up but lot of profit selling taking place looks like....
started the day good with indian team winning the cricket game against england so i am in good mood
Posted by Gary59 on :
Good job Raj..nice trade
Posted by Gary59 on :
C is testing the 8s again might have to grab me som a datt
Posted by Morpheus on :
jumped into TNA 100 shares at 36.25
Posted by Gary59 on :
Have an order in for 200 sh at 8.90
Posted by Gary59 on :
Morning Morpheus. Looks like Citigroup does not want to go back below 9 again but if I get some it will, 52 week low was yesterday at 8.27
Posted by Morpheus on :
id stay away from C alltogether..im trying the 3X etf ..TNA for when the dow drops and ERY for when the dow goes up..check it out..lots of interday movement
Posted by Gary59 on :
OK I trust you Morpheus thanks dropped my buy ord for C ,, will sheck out ETFs might be late to get in today though, unless there is a dow turn around..
Posted by Gary59 on :
Are you expecting a turnaround today with getting TNA Bull ETF?If so I might grap a few of those if it drops again
Posted by Morpheus on :
gary..there is really no action in C..watch TNA and ERY...who they moe when the dow is at its top or bottom..crazy
Posted by Morpheus on :
like now..the dow down 260 good time to bet on TNA..if you think that the DOW has leveled off..and might head higher even for the short term..opposite for the ERY
Posted by Morpheus on :
gary..keep in mind ...those plays are CYBER VEGAS at its most risky..other than options
Posted by Gary59 on :
Just checking ,,,TNA had a 10 buck swing yesterday with the crazy bounce the dow took I have and ord in at 35 for 50 sh and can adjust it quick if I need to ,, I want to see what the market is going to do today , do you think it will bounce much today like yesterday( the dow) now that there is more interest in the dow at what they think might have been bottom yesterday?
Posted by Morpheus on :
well..looks like for it to hit 35 from this point..the dow needs to drop another 75 or so points..from here...dow down 375..i hope not at this point..i only have 3 stocks up today LVS HIG and JASO ..i shoul have light my load early on this am
Posted by Gary59 on :
quote:Originally posted by Morpheus: gary..keep in mind ...those plays are CYBER VEGAS at its most risky..other than options
Thats one of the reasons I never traded ETFs It is Vegas style trading bu so is th regular market theses days ..Thanks for the tips..
Posted by Morpheus on :
LVS ia the only thing keeping me from really sucking today..i got 600 shares..almost up a buck
Posted by Morpheus on :
well ..if you dont feel comfortable..then just track them till you do..
Posted by Gary59 on :
I have been keeping up with a few the last few weeks since you had mentioned them and Like you say they are volatile but I cant see the dow dropping more than 275 to 280 like we where already are , just cant tell..Just picked up 50 sh at 35.75 LOD then dropped..BUt I still think the market will head back up a little today after lunch..
Posted by Morpheus on :
hey ..good luck to us Posted by Morpheus on :
i doubled up on TNA at 35...WTF with the DOW...geeze..defintely no follw thru rally today..blah
Posted by Gary59 on :
Looks like the dow was testing 350 now might head back up a little
Posted by Gary59 on :
Would love to see another rally like yesterday..would be a good end of week run..
Posted by Gary59 on :
Looks like trading over all is picking back up people are getting back from lunch time slowdown I guess,Im back to even on TNA for the moment , would love to see the 40.00 mark on it today
Posted by Morpheus on :
ya leave for a couple of minutes and you never know what to come back to..the DOW is kicking our ass big time...MSFT is holding steady for now
Posted by Gary59 on :
Hey Morpheus , On ETFs are they fixed directly to the dow, for example would TNA be exactly 50 bucks if the dow was back to 9000 ? Might be a stupid question but I do need to research how they are run..
Posted by Morpheus on :
40 would be real good..its very doable and could happen
Posted by Gary59 on :
MSFT has really picked up the last 30 minutes in volume I have my last 100 sh for sale at 21.50. that would give me another 100 up from yesterdays up as well..
Posted by Morpheus on :
TNA is for..The Fund seeks daily investment results of 300% of the price performance of the Russell 2000� Index. The Fund seeks creates long positions by investing at least 80% of its net assets in the equity securities that comprise the Russell 2000� Index.
and ERY is for..The Fund seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the Energy Index. The Fund seeks to creates short positions by investing at least 80% of its net assets in Financial Instruments that provide leveraged and unleveraged exposure to the Energy Index.
Posted by Gary59 on :
Well dow back to -250 insted of -350, might get a little excitment today you never know how fridays will be..
Posted by Gary59 on :
I hate the way that scottrade show a negative balance if that stock is down , even if you bought at bottom it will still show that your down from that days high , until the next day my account shows down 500 but I am only down about 75 because of MSFT and F right now so it always gives me a head shake when I pop up the home page on scottrade until I look at the real balance..
Posted by Gary59 on :
Looks like volume in TNA is starting to pick up
Posted by Gary59 on :
OUCH>>>
Posted by Gary59 on :
OK whos pulling the dow down string , STOP IT>> Posted by Gary59 on :
Hey Morpheus , someone just grabbed 999 shares of TNA at 35.06 was that you??
Posted by Morpheus on :
no, im done buying for today (i think)
Posted by Gary59 on :
No your not,, you will never stop.... Posted by Morpheus on :
gary..what do you think...take the money and run?? TNA 36.90
Posted by Morpheus on :
20 more minutes till "the mighty bald one" is plastered all over the tube and feeding us lemmings more BS..im gonna lighten my load a little
Posted by Gary59 on :
I probably will , I would make 50 bucks on it, better than a kick in the head loss..It does not look good for the dow today.....I thought yesterday would put more steam into trading today but it didnt..
Posted by Gary59 on :
quote:Originally posted by Morpheus: 20 more minutes till "the mighty bald one" is plastered all over the tube and feeding us lemmings more BS..im gonna lighten my load a little
Well yesterday I was ready for the market to hit the dumper went mr pres was on too..But you never know ..
Posted by Morpheus on :
2 hours left...anybodys guess..im betting recovery..but WTF do I know??
Posted by Gary59 on :
DOW heading back up a little
Posted by Morpheus on :
you gotta be fast in this market..im gonna take a profit on TNA about now...for you info
Posted by Morpheus on :
still holding...its up its down, its up its crazy..eeehaaaww
Posted by Morpheus on :
dow comming back..down only 90
Posted by Gary59 on :
I still have my finger on the trigger it hit 37.40 and might head up a little more ...I was tring to re-set my sell for 37.75 and it hit 37.50 .....will probly hit 45 now...SO I am out for 74 $ profit but now up over 38...That sucker is gonna hit 40 at least ..
Posted by Morpheus on :
ok i bailed on FNA 200 shares made about 500 bucks
Posted by Morpheus on :
i put in a market order right at 38.44 and got 38.32 whatever it was moving fast
Posted by Gary59 on :
DOW looking for a green friday Morpheus,
Posted by Gary59 on :
Good out on that one Morpheus ,, Thanks for making me 74 bucks to add to my account today I like these ETFs now..
Posted by Morpheus on :
now i just need uyg and MON to make a move up...and today will look pretty good
Posted by Morpheus on :
im gonna play ERY on the rebound ...this will hedge my other longs..
Posted by Morpheus on :
MSFT only down .40 now..cool
Posted by Morpheus on :
TNA now up from where we bailed..but any profit in this market is good by me..
Posted by Gary59 on :
Still an hour left I was thinking about a big shakeout get back into TNA for another flip if it dips..Friday shakeout coming soon..
Posted by Gary59 on :
Damn DOWs in the green..And MSFT over 21
Posted by rajthebam on :
fxp giving up all gains of morning since market is recouping not good
Posted by Morpheus on :
getting ready for the last hour follies..place your bets gents ...place your bets...cyber vegas "Kill Pot" is not in play
Posted by Morpheus on :
kill pot is now in play..im an old poker player from way back
Posted by Gary59 on :
If MSFT keeps it up I will be out of it too..Sell set at 21.25
Posted by Morpheus on :
gary...i consider my bailout on TNA and an "insurance play" ..oh well..my other longs are benefiting from the upside move..
Posted by Morpheus on :
im taking a longer position on MSFT..this has always been a steady stallwart stock for me..
Posted by Gary59 on :
OK I am Out of MSFT at 21.15 that ended up being another 75 gain from yesterday..I will take small ones Im not proud..
Posted by Gary59 on :
Now if I could just get F a little over 2 I would be happy, I ave down to 2.11 yesterday..I am tierd of seeing F just setting there not doing much..Just tying up money..
Posted by Gary59 on :
You got out of TNA when the dow was in the red and it was higher than it is now , good trade Morpheus ,, Also mondy they are going to vote on a loan package for F ,,, maybe that will get it going next week..
Posted by Morpheus on :
just chip away at the small gains ...and once something is iup in you favor..place stops to secure profits..not a bad strategy
Posted by Morpheus on :
i too am holding a big chunk of F..there will be good news next week on the auto bailout..you know they are gonna approve it..should be good for autos
Posted by Gary59 on :
MSFT hit that 21.15 mark and stopped,,,and it took my order as fast as I could hit the send button...So it will be up next week..
Posted by Gary59 on :
Hope your still holding HIG its running good now..It Might close over 13 today
Posted by Morpheus on :
wow...i just noticed i got 400 shares of HIG and its up 25% today WOW...
Posted by Morpheus on :
i got more stocks then normal and very hard to follow..somthing going on with HIG just in the last 10 minutes..yeepie
Posted by Morpheus on :
gary what do you BB and other indicator lines say..??
Posted by SoAngel on :
Hartford Fincl: Co Eligible For Cap Purchase Of $1.1B-$3.4B Under TARP Guidelines >HIG
Posted by SoAngel on :
I posted a link for you.
Posted by Morpheus on :
i guess that is good news..
Posted by Gary59 on :
A lot of news they are getting over a bil in tarp money and looks like they are buying another company Federal trust corp ..The chart is all over the place now with the jump it took ., I dodnt think anyone saw that one coming..I was looking at HIG this morning at $10.00 and didnt do it..All kind of news out for them though,,
Posted by Morpheus on :
sold half my holding in HIG ..ill take it..
Posted by Morpheus on :
mucho thanks So Angel...
Posted by Gary59 on :
TNA back down to 35. range again..Dow back in the red again..Didnt stay there long though..back to 36.35
Posted by SoAngel on :
The end of this day is going to be interesting. I wish I was playing ...
Posted by Gary59 on :
I wanted back into TNA at 35.50 didnt quite make itnow less than 15 minutes till close I cant chance it..
Posted by SoAngel on :
Man, I would love to be daytrading HIG right now with about 10k.
Posted by Gary59 on :
Just wish I had the 10K Posted by SoAngel on :
Gary59- Me too Considering I lost more than that not too long ago, it is even more depressing.
FNM + F + EBAY + FRE + WB = Doom.
Posted by Gary59 on :
OK guys have a good one I am going to get outta here my eyes are starting to blurr.... Have a good weekend , anybody sees any good plays for monday post em up....
Posted by SoAngel on :
Just for the record - my selling prices that lost me $15k...
Imagine if I was still trying to hold (margin call wouldn't have allowed that)... the only one that would be worth more would be WB, and I only had $2k into that. The rest are cut in half or worse.
Posted by Gary59 on :
Now TNA is down to 34.28,,,,nope not gonna chance it..Might regret it , just not gonna chance it..
Posted by SoAngel on :
Have a good weekend also. No kids here this weekend, so beer + movies + sleep for me!
Posted by rajthebam on :
sold FXP at 69.50
Posted by Gary59 on :
Man I could not leave for that last 5 minutes..man what a EOD run up the back down 342 points ,,,,,Ouch....
Posted by rajthebam on :
have a good weekend folks.
Posted by Morpheus on :
i put a limit buy in for TNA at 29 for the open on monday...that last 30 minutes hurt...ouch..thats the game though..Gary..i should have followed your MSFT lead..but htings looked strong at that point..oh well
Posted by rajthebam on :
morph it seems TNA is not shwoing real time quotes on yahoo finance why is that?
Posted by Gary59 on :
Raj, TNA is a ETF so they trade like reg stocks but its a fund, they do not get the same type listing as a stock, I have not checked on yahoo chart but on Scottrade charts they do sifferent because its an ETF , fund of stocks not a single stock..
Posted by Gary59 on :
Here are the ETFs that Yaahoe is calling for monday morning,so you might want to keep an eye on the oposite ones.. PSQ XLF SMH XOM TWM DBA EWT
My opinion for monday for what its worth is about like last weds or thursday I forget without checking the charts , start heavy green , back to red ,, back to green, I think monday it going to TRY to re-coup and end green but another roller coaster ride.. I just want to document my opinion for my own record as well, to see if I am learning anything in this market. I dont want to jinx myself but I have slowley brought my account up 750 in the green in the last 8 weeks, even with a few short losses I took and only got my account into margin status about 3 weeks back, mostley adding money fron selling stuff on ebay to get money for margin status not trading..so not really sure of percentage range of increases..I am getting out with short gains , and kicking myself for not holding a lot ot times , but My plan is slowley take small gains only , and cutting losses quick..I know I have said that before but I am trying to keep these rules in my head and If I keep documenting here it helps me keep on my rules , Sorry to take up off topic space......
Posted by Morpheus on :
allready, everybody ready to make mola today?
Posted by Gary59 on :
Morning Morpheus , your up early,,hope to make a few bucks today , just waiting to see what happens at 9;30...and checking news out..
Posted by Gary59 on :
Looks like mixed feeling on open today TNA & ERY have big changes with little trading,, MSF Down HIG daown almost a buck ,F is UP .06 AIG is flat with a lot of volume, JASO down .01,, I am wondering what is going to happen I have noticed that when F is up we ususlly get a red day on the Down at open then by Mid Morning it can change..So F is UP so DOW should start red..Might try to catch TNA today if dow is 200- 250 range in red IF it gets there..
Posted by Gary59 on :
ERY is UP 5 bucks pre market -no trades though so looks like a red morning
Posted by Morpheus on :
gary..agree..i too will be playing TNA and ERY
Posted by Gary59 on :
DUNG DUNG DUNG Market opens red
Posted by Gary59 on :
You still looking for TNA at 29 ?
Posted by Morpheus on :
my limit sell on LVS picked up at 7.24..im out of that
Posted by Morpheus on :
i have limit buy on TNA at 29 if it hits it will happen fast and most likely, ill be preoccupied with other charts
Posted by Gary59 on :
Well F is heading into the red kinda early this morning,they are supposed to have news out today about a loan package but wondering now if the DOW is doing a little fake out to us this morning..
Posted by Morpheus on :
my big holding now is 1500 shares of UYG..
Posted by SoAngel on :
I am thinking about picking up some LVS at around 7.00 (or less) to hold long term.
Posted by Morpheus on :
LVS is really looking strong at this point
Posted by Gary59 on :
I liked LVS and flipped a few time over the last few weeks but a lot of shakey news last week has made me leary of it, I still keep watching it and migh get some again for a flip if it gets back in the 5s without bad news.. Morning SoAngel..
Posted by Gary59 on :
MSFT back under 20 again this morning, if it does the 18 dollar dance im gonna get some
Posted by Morpheus on :
picked up 300 shares LVS 6.95
Posted by Gary59 on :
I havent been able to settle down on something this morning , I cant seem to get my brain working this morning, also had to take a pain pill for my shoulders ( arthritus) so that fogs me up a little while ,, I usually wait at least 45 minutes after open to let things settle a bbit to get an ida of which direction its going ,, Part of m learning progress I guess. I have missed a lot by doing that but still tryin to save capitol..
Posted by Gary59 on :
TNA only down .42 and the market is down 130 points whats up??Looks like something funny happening today..
Posted by Gary59 on :
OK in 200 Sh LVS at 6.30
Posted by Morpheus on :
AIG is under 2 bucks
Posted by Morpheus on :
uh ooooohh...Garys buying LVS..i better bail..he he Posted by Gary59 on :
Might be oposit day today down to 6.25 so far..
Posted by Gary59 on :
Looking at LVS chart MACD and sma Bol Bands squeezing pretty tight so something is going to be happening here in an hour , I have a sell in at 6.80 but can move that up quick if it looks like it goes over the HOD so far..
Posted by Morpheus on :
i double down on LVS at 6.29..
Posted by Gary59 on :
Good move Morpheus , SMA bands just crossed and fast stockastics showing bullish trend ..
Posted by Gary59 on :
I still cant figure TNA being up and the market is in the red now ,, backwards,,
Posted by Morpheus on :
my BOL Bands have crossed over the Scotatastics which has intersected the MACD trends. Approching the 20 DMA and very very close to the LOD and this is telling me that something (not too sure what) is about to happpen..
Posted by Gary59 on :
Chart looks the same for MSFT I didnt get it when it was close to 19,, might dip gain later on though..
Posted by Morpheus on :
I know, I know...you are all saying ...WTH is Morpheus TALKING about..thats just some of my monday morning sick humor comming out..
Posted by Gary59 on :
Im hoping LVS takes off here soon,, would lovee to see this back over 7 by EOD today..
Posted by Gary59 on :
I just zoomed in on SMA line for lvs and looks like they are crossing again,back down, Just hope that they head back up and not touch..
Posted by Gary59 on :
quote:Originally posted by Morpheus: my BOL Bands have crossed over the Scotatastics which has intersected the MACD trends. Approching the 20 DMA and very very close to the LOD and this is telling me that something (not too sure what) is about to happpen..
Only Problem That I see with that chart using the Weiner % line and connecting to the Paulson BS % line it created a cross across my screen .. Posted by Gary59 on :
Hey morpheus did you get any TNA (stock) this morning at 31.30 ? Might be getting ready to go , I didnt get any this morning, but looks like dow is heading ino the green soon
Posted by Morpheus on :
ok ..i got my cnbc million dollar challange portfolios all in place...how about you?
Posted by Morpheus on :
gary..i only been trading LVS out early on and back in now 600 shares
Posted by Gary59 on :
Oh shoot fogot about it I signed up last wekk , thanks for reminding me,, going to set them up this morning..
Posted by Gary59 on :
I think I am going to set one account up with WAMUQ LEHMQ and a few Other bad banks just in case they Pop out of the dumper they give you 5 portfolios to use so you nevern know ..
Posted by Morpheus on :
the game will not let you on many of those picks..they are pretty selecitive..
Posted by Morpheus on :
srs was up over 12 bucks ..now its in the red..
Posted by Morpheus on :
the market is running in 20 minutes cycles today..every 20 minutes it has a new trend..blah
Posted by Gary59 on :
Ok didnt know that I played it last year only had 2 stock in it at the time UTX and Ratheon then never checked it,, Also just picked up 200 sh LVS at 6.15 so ave down to 6.25 ,, Will get out of that one if it goes up a little today for small profit..
Posted by Gary59 on :
Crap looks like 4 fat finger trades on LVS messed the charts up had jumps to over 7.00
Posted by Gary59 on :
Anybody that has Scottrade are your charts screwed up from around 1;30 to 2;00 today , all of my charts are showing crazy pops and dips on most stocks that I put into the screener..MSFT has 5 dips for about $1 and LVS has 4 jumps for $1 in that time frame ....
Posted by Gary59 on :
And target had a good 4q report and its down .92
Posted by Gary59 on :
quote:Originally posted by Morpheus: uh ooooohh...Garys buying LVS..i better bail..he he
Well I cant argue with that statment at all now
Posted by Gary59 on :
Hope we have a more active EOD movement of some kind , today has been kinda boring.......Flatline ,,,,BEEP BEEEP BEEEEEEEEEEEEP ,,,,,CLEAR
Posted by Gary59 on :
Starting a little EOD test run here LVS is up to 6.40..
Posted by Gary59 on :
Just tested 6.50
Posted by Gary59 on :
EOD shows 6.53 might bounce up a little in the morning had good volume and 6% increase on a bad dow day,, good luck all ,I am going to set up my cnbc portfolio now,
Posted by Gary59 on :
Keep an eye on banks in the morning tarp plan picked banks , they might run and also might bring us a green market in the morning....I have not read the full list will do DD in the morning pre-opening..Might want to watch Bank ETFs ..Good night all..
Posted by Gary59 on :
Morning All, did anybody read the article on how they are prdicting the market to have an excelerated slump down to 6700 before the year is out?? I just found that on CNBC website..Guess I will ad DXD to my cnbc game fund,,
Posted by Gary59 on :
Here's a video with Alan Mullaly on cnbc says F is already able to produce cars in US competetivly with new deals with UAW, http://www.cnbc.com/id/15840232?video=931559325 Posted by Gary59 on :
People must be expecting a green open today 11448 shrs of TNA already pre market arouund 31-32 so far
Posted by AJGrano on :
I got into NT yesterday morning right at opening at .62 and was hoping to ride the train but it stayed at that level all day long. Saw that it dropped like crazy on friday and then I saw a lot of volume in afterhours and thought I'd get a quick 8-10% but nothing, haha. we'll see how it does today, hopefully I can dump for a small gain.
Posted by Morpheus on :
NT is going thru layoffs, and with the HP good news out now maybe nt will move upwards???
Posted by Gary59 on :
Morning AJ, good luck today , and isnt it your bed time? Good to see you here this morning looks like it might be a nice start this morning a lot of ups in the market this morning before opening,, get in , get out,, this market has a lot of mixed news this morning..
Posted by AJGrano on :
DING DING DING!!!!
Posted by Morpheus on :
i put in a bid on DRYS at 9.20..??
Posted by Morpheus on :
hit my bid , im on with DRYS 500 at 9.20
Posted by Gary59 on :
Ouch ,, LVS is sliding down..Did you get out yesterday Morpheus?
Posted by Morpheus on :
gary, yes, i sold at the close ..
Posted by Gary59 on :
Well I am still stuck with it hope it turns around some time today,,I should have got out yeserady as well with small gains..
Posted by AJGrano on :
got out of nt at .61 for a very, very small loss. just glad I didn't hold it
Posted by Gary59 on :
Looks like im riding LVS down like the guy in Dr Strangeglove riding the bomb down,,Swinging my hat hooping and hollering ,,I hope this sucker runs up a little today so I can get out without a big loss.. Posted by Morpheus on :
i added another 300 shares MSFT at 19.20
Posted by Morpheus on :
im loosing my A holly today..my limit but picked up TNA at 29
Posted by Gary59 on :
You and me both Morpheus,, lvs is kicking my butt , I am hoping for EOD run today as low as it is, I had an order in for TNA at 28.50 but never got hit..I thought about taking my loss with LVS then putting that into TNA just still thinking LVS will run up a little today with the high of over 7 yesterday and 6.55 this morning..I guess we will see what 3:00 brings today...
Posted by BooDog on :
ford making the dip, stop lossed myself out. now it'll prolly bounce like crazy.
Posted by BooDog on :
MBI 4.95, all the bond money is play money now imo. lol. Compare fins to the june/july lows and see where we could be headed again. Some may not make it back this time.
Posted by Gary59 on :
OK LVS is bck in the run again just wonder how high it will go before pulling back?? ANd dumb butt me cancelled my ord on TNA at 28.50 lowered it to 27.90 never got hit.....Gawd I am having a rough day today..
Posted by Gary59 on :
Hope LVS breaks 6 again then it might run faster..
Posted by Gary59 on :
Holy sheep dip what a eod again.. LVS closed 6.26 I didnt get out but definatly will 1st thing in the morning . I amm ave in at 6.25 so hope for a little pop back to 6.55 , missed TNA again..what a bad week for me so far ,,only down a lttle but missed a few good runs bad thing was I sat and watched them go right by..Hope you guys did better , Have a good night see you in the morning..
Posted by SoAngel on :
Morpheus- Are you still holding UYG ?
Good luck today, everyone.
Posted by Gary59 on :
Morning all, Lot of news out this morning on the BIg 3 bailout and also they are saying Ford is still in a better cash position than GM or Chryser that they can hold off without bailout money longer because of their cash holdings..Hope that helps them today.. LVS has mixed trading this morning I am going to trade out this morning looking at pre-market prices this looks exactly like the charts for last friday with a rally on the day before headed up to 6.60 then down for 2 days..Hope it follows the same path and I will get out without a loss..
Posted by Gary59 on :
Hey where do you guys that are playing cnbc trading game set? I am in 18049th place ,,thats pretty crappy, so is my regular turdfolio..
Posted by Morpheus on :
4426th Game Rank Position* top 1%
Posted by Morpheus on :
oh yeah i hold UYG..im holding a bunch of crap..you could say im very diversified my big holdings are MSFT MON UYG WLT
Posted by SoAngel on :
I am not playing, sorry, no ranking. Morpheus, did you see my post above ?
Edit, nevermind, you responded while I was typing this.
Posted by Morpheus on :
can we just have 1 follow thru day?? what up with that?
Posted by Gary59 on :
quote:Originally posted by Morpheus: 4426th Game Rank Position* top 1%
Good job Morpheus,,I just stuck 4 stock in a few portfolios , not really trading it much..
Posted by Gary59 on :
OK out of LVS took at 250 buck loss so now it will hit record highs today..but looking at TNA and HIG to try and re-coup money today..
Posted by Gary59 on :
Just got 100 sh HIG at 7.50
Posted by Gary59 on :
now down to 7.15 ,, another lucky trade
Posted by Gary59 on :
Also I want to warn you all I have a buy in for TNA at 27.75 so it should hit 25
Posted by Gary59 on :
Upped the buy to 28.50 for TNA , got hit now down..should have left 27.75 bid in
Posted by Gary59 on :
Is the Mrket going to even get near the green today???This is getting ridiculis..The dow stepped down 3 days in a row and up yesterday,, Like Morpheus says we need at least 1 friggin up day..
Posted by Morpheus on :
anybody buying F today????
Posted by Gary59 on :
I thought about it but if I did it would change to FQ real quick,, I fi Get ou I might get a few shares of it , I cant see it staying this low , but looks like the dow is going down more..
Posted by Gary59 on :
That Little green dow head fake this morning caught my ass , I thought we were going to have a better day today than -220 on the dow..I am hoping for the eod run that we have had the last few days to bring this back around..I am putting in an order for F at a little over 1 to bring my average down..
Posted by Gary59 on :
i picked up a few hundred shares for 1.27 brought my F ave down to 1.85,, A little more reasonable ave for F and less loss if I need to get out ,, looks like the dow is plling back up so might get back a little loss this afternoon..
Posted by Morpheus on :
picked up TNA 26.51..
Posted by SoAngel on :
This is pathetic.
Posted by Gary59 on :
quote:Originally posted by SoAngel: This is pathetic.
Yep
Posted by SoAngel on :
I had an order in for UYG at 4.80 (I am holding some from 6.66 also), and I just cancelled it.
Posted by SoAngel on :
I would love to pick up some F and GM, but I just don't trust anything anymore.
Posted by Gary59 on :
I am hoping for the 3:00 run like we have had the lastt few days ..But its killing me watching this crap..The more they talk the worse it gets,now all we need is bushh and palson to get on there and the market would hit 5000
Posted by Gary59 on :
Well I am going to go put a new steering wheel on my boat...get my mind off this crap and hope its up a little when I get back,,,,It might sell better with a new wheel,, since it looks like if this market keeps going down I will have a good deal on a boat.. Posted by Morpheus on :
there is just no good news or anything to turn this slide around..really looks like NO reversal gonna be today!!
Posted by SoAngel on :
Not sure if it will happen, but I am waiting for another ridiculous sell-off today.
ONLY down 200+ points today, not a bad day compared to some others!
Again, pathetic.
Posted by Gary59 on :
Here is a little run up.. not sure how high it will be or if it is just a fake runup..
Posted by SoAngel on :
Yeah, this is quite interesting.
Posted by SoAngel on :
It is definitely tempting me to get into something and HOPE.
Posted by SoAngel on :
C just went below 7.00 - look out below ???
Posted by Gary59 on :
I joined the cnbc live page per your messages Morpheus , and thanks it sure helps the day being able to watch some of the babes they have reporting on there,, Maria Baritomo or Erin Burnett is the better lookers to watch... Off topic post BUT the market is not worth watching..
Posted by Gary59 on :
Well any guesses on where the dow will close today? My guess will be about 8400 might even go green before closing down a little,, Thats my prediction..so we might close at 8000 the way my guesses have been this week..
Posted by Morpheus on :
some late minute buying pressure would really be nice about now..
Posted by Gary59 on :
The last few days we have been seeing a lot of buying coming into the market in the last 10-15 minutes of trading..I think for a while I am not going to even trade anything until after 12 the way the market has been going at least there it seems the bottom is tapped..
Posted by Gary59 on :
Did you sell TNA Morpheus?
Posted by Morpheus on :
you said it..just when it gets going one way..bamb..it reverses in the other direction..then bamb ahain..WOW..this really really really sucks..
Posted by Morpheus on :
looks like the bottom fishing is kicking in..
Posted by Gary59 on :
Yep and I am outta bait....
Posted by Gary59 on :
Looks like my 8000 is looking correct....
Posted by SoAngel on :
Well, I am a sucker. I had to get away from the computer for awhile and I put my UYG order back in for 4.80.
Hope we hear at least a little good news soon, because I am the proud owner of the UYG at 6.66 and 4.80 now.
Posted by SoAngel on :
2 min left, this is ugly.
Posted by Morpheus on :
well ..there went 1 full year of gains..im back to where i was last year..crap
Posted by Gary59 on :
7996.....my god time to go to the church and get a handout...
Posted by Morpheus on :
later..im headed for the bar
Posted by SoAngel on :
Morpheus, me too. It is in my basement, thankfully. I won't be coming upstairs anytime soon.
Posted by Gary59 on :
I will be in Ft Lauderdale tommorrow,, hope I can get internet access there at the convetion that my wife is going to attend.. If so I will be on ,, If not I will be worring about what my account is doing......AAAAARRRRGGGHH Hopfully todays low will bring more money into the market and drive these back up , we really need a green day soon or there will be no one left to trade....
Posted by SoAngel on :
LOL, the market is pathetic already and it isn't even open yet.
Posted by Morpheus on :
soangel, you said it!!
Posted by Morpheus on :
i say ..open low..play around lower for a bit and then go higher
Posted by Morpheus on :
heeey...F is open Green
Posted by Morpheus on :
im rationalizing..not selling is as good as buying at the lows..
Posted by Morpheus on :
everything i own is going to ZERO...not good
Posted by Morpheus on :
today sure seems ripe for some "emergency" fed announcement to drop rates, infuse capital, blah blah blah anything good news would help..its just not there..
Posted by Morpheus on :
JASO ios really bouncing off its bottom
Posted by Morpheus on :
im really average in TNA 29, 27, 26.40, and 22 so lets go baby..
Posted by Morpheus on :
ya know , if it wasnt for all my losses, id be looking pretty good..ha
Posted by Morpheus on :
wow...SRS is finally in the red first time in 5 days
Posted by Morpheus on :
aggreement reached...F and GM is taking off
Posted by Morpheus on :
i guess nobody on the thread today to give a hoot
Posted by Gary59 on :
I was gone all day until 3:45 and didnt have the nearve to open another page because of looking at my acc and my friggin jaw dropped,,,If we dont get in the green with the dow in the morning I will have to sell off at a 50% loss from 2 days ago to cover a margin spread,,I did average down F yesterday to 1.85 and had a sell in at 2.05,,, if I would have been thinking I would have had the sell in for at least a wash at 1.85,,,This crap has got to stop fellas,,I am hoping for friday re-coup there has been trillions of dollars lost int his down slide of a market on just panic selling mostley not buy the value of the companies themselves..I am down total portfolio 50% from monday,,,this is Fing nuts...I could not find internet access near where I was is Ft Lauderdale so I was worried all day not being able to watch, and I have a dr app in the morning but I might try to re-schedule for after 4 or next week..Have a nice drunken night tonight guys , looks like I will....
Posted by SoAngel on :
Everyone is fukked from this (basically). I am just holding what I have and waiting it out. This is pathetic, pathetic, pathetic.
It is going to get worse.
Posted by Gary59 on :
There waas an analist on cnbc saying that the dow could posibly go down to 6000 before this is over ,, I am going to try to wash out in the morning still taking a wash on as many as I can , even then I will be down 500 but going to change stratagies next week....Not sure what that will be but this is nuts SoAngel..
Posted by Morpheus on :
Top 0.1% Game Rank* 154th Gain/Loss, Intraday 443,209 (44.3%) Gain/Loss, Weekly that is my cnbd game rank at the close thursday..totally opposite of my real account..blah..friday i really move up with some key changes in my portfolio
Posted by Gary59 on :
OK, Morning all, just opened up my acc and have a margin call , but can cover with selling a few stocks,,,, I will have to be here today looks like F and HIG is trading up this morning , I hope TNA runs up 1st thing so I can cash out with out lossing my assets,, Pull out all you lucky charms this morning we need a green open today...
Posted by Gary59 on :
Looks like no one here to cry with this morning,, just got off the phone with scottrade their lines where full for 20 minutes trying to get through,, I have untiil monday to cover but F and HIG already up enough to cover pre market , I think we are going to have another bad friggin roller coaster day today , I still have my 3 day trades for the week left ,, good thing because I might have to use them today,,TNA is up a buck pre market , HIG up a buck pre market and F has been up a little so far ,, justa waiting for the bell, still have 8 minutes until we see what is going to happ, I expect a LOT of profit taking from people trying to get losses back..Jst like I plan on today,, I doubt I will get back to 28.50 that I have on TNA but if it could hit 25 I would be happy..
Posted by Morpheus on :
im hung over pretty severe, but im hanging in there..oooouuuccchhhh...
Posted by Morpheus on :
gaining back on losses is not going to be as easy as it first appeared..the market is just playing around once again..TNA was up 2 now its down..whats with that BS???
Posted by Morpheus on :
most my mola is tied up in stocks or the 3 day waiting settelment period..i only have 1 bullet left so i cant take advantage of the bounce plays today..crap
Posted by Morpheus on :
dow has really pulled back...im feeling nothing but pain
Posted by Gary59 on :
Heading back up a little I have to sell TNA today because of margin call , I got it the other day at 28 so thats 1k hit so far, just on the one ,,looks like a few more are starting o run back up a little , I am just beside myself not knowing where to go here....
Posted by Gary59 on :
Still cant figure out how TNA and ERY BOTH down one is bull and the other bear,,,,what the f is happening here??
Posted by Morpheus on :
gary..agree..it just make no sense..we need dow up over 400 points today..to help make up for the last couple of days
Posted by Gary59 on :
OK out of half of my TNA for 18.35 so that leaves me an ave of 38.80 for the last 50 sh of TNA that I have left but at least my margin call is covered,, now looks like TNA is hiting 18.50 now that I sold
Posted by Morpheus on :
there is just no excietment in the market this morning..seems really docile but hey the dow is up so far ..so thats a good thing..do we hold thru the weekend?
Posted by Morpheus on :
the dow is up ..but the short ETF are up too..skf and srs WTF???
Posted by Gary59 on :
I still cant beleive MSFT hit 17.87 today that unbelieveble.....,, I am holding F there are a lot of people saying it could double or triple considering what the loan plan is next month,,dont want to take a loss on it now, ave is at 1.85 wish I would have flipped out yesterday as a wash the bought back at the new lows
Posted by Gary59 on :
Lot of talk on CNBC about not investing until after the holidays , I wish that they would just come out and say ,,,NOW IS THE TIME TO GET INTO THE MARKET and it would sart to get money back into this situation,, the media freaks are killing any possiblility of a run
Posted by Morpheus on :
could be the down is looking to bounce off 7500..??
Posted by Morpheus on :
before the open ..i was really feeling dell and wmt would move the market bigtime..but the banks are holding things down
Posted by Gary59 on :
Well back to 7657 now and TNA is close to 19 now , HIG was up over $1 pre market and now down .75 , MSFT is up 1.16 so that helps you Morphues..
Posted by Gary59 on :
Whith news out Morheus what do you thin Moday will bring? I am still holding TNA but ave now is at 38.78 and no money left to trade today..still down 1800 the last 2 days...
Posted by Gary59 on :
I am hoping for an EOD run today being fridaay and all but not sure if it will be a rally or a run down,,
Posted by Gary59 on :
Citigroup down to 3.90 with a low today of 3.57 I cant friggin believe it, Glad you advised me not to get into C last week Morheus..But C is now one of the big news stocks that might be expected to triple in the next few months..If it stays down next week and I have clear funds I am going to pick up a few to suirrel away..same with F I would like to get more in thhis 1.30 range..
Posted by Morpheus on :
i already got 5000 shares of F with an average at appx 1.60..so im all in on this one for now..as for TNA..this is a really tuff one to hold..its more of a trading stock these days..big interday swings..i sold sold my holding yesterday( for a big loss, but it went down farther so? )to free up funds for the days to come and try to catch some swings to make a few hundred a pop..
Posted by Morpheus on :
i sold half of TNA yesterday..i still have 300 shares..blah..think it would have a big rebound..missed the first 1 minute clicks today..bummer
Posted by Gary59 on :
Well the Dow has stayed mostley green today , maybe a EOD rally today keeps dipping to open then back to green but not much, I am betting on a small rally today EOD ..We need this BADLY
Posted by Morpheus on :
BFD...down 1500...up 100...this is slow torture..but its a start..hopefully it will be the start of a nice relly..so ill stop complaining..remember..this is triple witching friday..they make it sound like its gonna go down more from here in the last 30 minutes again!!
Posted by Gary59 on :
I am thinking about leaving the computer and go wax my boat , I dont have any money left to buy anything and down so far now that I dont knkow what will happen and everything out there is doing the oposite of what it shold be doing , so I am holding what i have and might just not look until tonight after close ...
Posted by Morpheus on :
im already ahead of you..im really not here..this is just an auto-reply
Posted by Gary59 on :
OK just had to come back ,, and cant figure out TNA it took a 238 point dow increase to make it go up .88 , I know its based on the russel index but last week if the dow moved 100 point it was up 2.00? WTF
Posted by Gary59 on :
OK just had to come back ,, and cant figure out TNA it took a 238 point dow increase to make it go up .88 , I know its based on the russel index but last week if the dow moved 100 point it was up 2.00? WTF
Posted by Gary59 on :
Hey Morpheus , you still there or did you pass out? What do you think this rally will do for monday morning??
Posted by Gary59 on :
Well Im friggin done for the week,, I now need to get good and drunk, this sucked bad even the EOD rally didnt help much with TNA F HIG that I am holding, I shouldnt have rushed to sell out half of my TNA but it looked like another down day when I sold ,But I am going to hold TNA hoping for a few more green days now with the hiring of new sect of treasury...Have as good a weekend that you can after this day I did not see BooDog Raj SoAngel AJ today ......
Posted by Gary59 on :
OK here on a sat morning trying to do DD for monday morning,,I think I am going to get back to cash except F shares might acc more shares at this price as soon as I get clear funds the last few days killed my account...Here is one opinion that I have been hearing a LOT lately, this is from CNBC: Fasten Your Seat Belt: He Likes Ford Motor Stock
Capital Management Group's Harry Clark said he's convinced a much lower market is not in the cards. It doesn't seem to be in the cars, either: Asked for a stock pick, he replied, "Don't fall off your chair. It would be Ford [F 1.43 0.04 (+2.88%) ]. Ford will survive, no matter what; [and] if we get the help from the government, that stock could triple, quadruple overnight."
I am going in heavy with any cash left in F and take that gamble and still leave some cash to flip others, If we rally again monday might get out of TNA as well, Only have a few shares left to bank on for a bull rally this coming week,, We a re coming into a holiday week though so It might be slow until after the 1st of 2009..And actually looks like Obama is hiring the right people to get the market back on track and he does not want the auto makers out of bussiness because of the jobs that could be lost.And according to all financials out Ford is the only company solvent enough at this point to survive even if they do not get a gov loan, which they will in my opinion because we cant let the auto makers go out of bussiness because of the jobs that would be lost, and thats not even concidering the trickle down effect of the auto company suppliers, and deliveries ,service , sales , its a long line of people that would be out of jobs if they went down....that in my opinion would cause a more catastrophic hit on the economy than the banks failing.. Just my 2 cents here on a DD saturday morning...Good luck on Monday all..
Posted by Gary59 on :
Can anyone find the parent company of Sentry Safes? Here is a quote from an article on Yahoo :: people to keep money in their own personal safes,” she says. Indeed, according to Doug Brush, head of business development for SentrySafe, the nation’s largest safemaker, the company’s retailers report sales of home safes increasing 20 to 40 percent in recent weeks.
Posted by Gary59 on :
Morning all ,, I am sure everyone has heard about Citigroup this morning.. Hope we stay green today..good Luck
Posted by Gary59 on :
Well what is everybodies stategy going to be this morning?I tried a pre market buy on C this morning at 5 but did not get hit and now at 5.85 ,,I dont have a lot of free cash today Posted by Gary59 on :
Looks like a lot of fins running up on this news ,,HIG Ask is 5.90 closed 4.95 ING up.20 ,,Also F is up .12 TNA bull ETF up 2.00,, I wonder if it will be a full day rally or just a fake morning rally like last weds and thurs that killed me..
Posted by Gary59 on :
31 mill shr of C traded so far pre market still over an hour till opening..
Posted by Gary59 on :
Looks like profit taking already on C this morning..
Posted by Gary59 on :
F is humping this morning , up to 1.76 pre market C has traded 56 mil share now over 6
Posted by Morpheus on :
hey gary, how you doing...my strategy is to trade TNA..I too only have limited available funds due to the 3 day BS settlement period..those MOFO'S..but, im remaing all in on MSFT WLT TNA MON UYG F JASO HIG..so an up day is really needed for me at this point..
Posted by Gary59 on :
Morning Morpheus,, is your scottrade acc freezing up? mine keeps stopping every few minutes for about 30 or 40 seconds for and update , they must have a lot of people on their server..
Posted by Morpheus on :
befor the open ..i could log on but not numbers on my account stats came up..it said "trouble accessing your account" i was saying .."oh , it figures, not again" but at the open i, closed everythng and reopened it and its all good now
Posted by Morpheus on :
hey lookey..my account is at its HOD..will things go higher today??
Posted by Gary59 on :
I am hoping for a few bullish days because of all the news accross the board from fins , techs , and sales hopes for the holidays , might give us a few green days , I am going to hold TNA for a few days unless something changes also it has had a high of 58.87 a few weeks back.. I am still waiting for news on F , HIG has news on re-structure with pension plans with the new comp they bought , so that is a hold for me as well , Hoping they mention it on CNBC to get a little more volume on those..So basically I am in hold mode , I to am stuck in my 3 day clear wait until weds, because of fridays trades I made//
Posted by Morpheus on :
i got a sell on F at 1.90 and it almost hit it first 2 minutes at the open
Posted by Gary59 on :
I am still ave at 1.85 so it would be a wash for me to get out. I do have a sell in at 2.
Posted by Morpheus on :
so far today is weird for me...most my holdings are up above 10% and yet im not feeling happy about it..i guess thats because im in "catch up mode" and deep inside i know..that could be dangerous..but hey every one of my holding, of which i feel i have too many, are up...so eeeeeehhhaaaawwwwww!! time for some coffee to get my motor running..
Posted by Gary59 on :
What are you thoughts on TNA? After that margin call I had last week I should have sold F insted of TNA would have taken less of a hit , but where do you see TNA going in the next few days
Posted by Morpheus on :
im actually up over 4k this morning..what to do? what to do?...its a kunumdrum...if i sell, hopeing for a pullback, it goes into the 3 day waiting period and i feel could miis the rally..
Posted by Morpheus on :
TNA is a really fast mover, as you can see...it is to be traded in small lots and hopefully hedge against your other stuff..that is how i see it..but i too am holding 500 shares of it for now..for me,, im in the plus on MSFT and i think ill take profit on it, wait for a pullback and trim my holding for some more risky stuff
Posted by Gary59 on :
I thought we where going into a dip earlier but it headed right back up and now up 240 ,, I am not sure what will happen I am hoping for a full day rally , so that might mean its heading down the way my luck has been lately..TNA now over 25
Posted by Morpheus on :
normally, i would have beeen a hugh buyer of c on thrus and friday, but the WAMU crap really has spooked me on all financials..but because of that we i and we missed out on a 50% move..i think its going to go much higher in the days to come so im a buyer sometime today on a pullback
Posted by Gary59 on :
Dow over 300
Posted by Morpheus on :
i just bailed on all my TNA for now..25.87..gonna pop back into it on a pull back and i=f it does not happen,,oh well
Posted by Morpheus on :
7:30-40 am PST has been a pivot point on moves of the pullbacks..
Posted by Morpheus on :
i could not help it..17.5% in the first hour got to me..yet im still down overall on the trade, but im looking to get back in on a pullback..this is a tradeing stock
Posted by Morpheus on :
uh oh...buch just gave a short blurb of a speech..the market is doomed for now..he he Posted by Morpheus on :
"really lame" duck pres bush..
Posted by Gary59 on :
Still heading up 317
Posted by Gary59 on :
Lowered my sell on TNA to 26.00
Posted by Morpheus on :
do you have funds to buy back in on the pullback? if not ...hmmmm...IMHO...i really think its headed much higher in the comming days. same with UYG AND C
Posted by Morpheus on :
WOW ..one of my CNBC portfolios is up 14%..but i do not have C in it..so the persons with C in there holdings twill kick ass this week...my biggest portfolio is in 42nd place as of friday
Posted by Gary59 on :
Thats why I am wondering if I should hold , I wont get clear funds for a few days , hoping for a few green days to pull me out of this slump, I am still down 1200 from last week..
Posted by Gary59 on :
I had 25% of one of my portfolios with C in it at 3,87,, but I have not looked at it this morning
Posted by Morpheus on :
C is creeping down..id say..tons of profit taking is kicking in about now..
Posted by Morpheus on :
lvs is really having some play this morning..first thing was down 8%..now rebound up 12%..
Posted by Gary59 on :
JASO is doing good today up .63
Posted by Morpheus on :
the whole solar sector is humping..JASO 36% SOLF 24% CSUN 39% BGC 33% TSL 25%...WOW this is why you hole back on putting all the funds into the market at once..so you can take advantage of this crap..i do hold JASO ..only trouble is it needs to double for me to even get back to where i got in..the last week and a half just killed me and you too..
Posted by Morpheus on :
im taking a poll...when the obama man talks..the market goes which direction?? im saying up
Posted by Gary59 on :
OK out of TNA at 26
Posted by Gary59 on :
If it does like last friday I think UP.. We need better people in control now , its a differnt time and economy to keep the same old way of thinking in the market..
Posted by Gary59 on :
Charts are showing a sqeeze coming on HIG in the next hour or so..
Posted by T e x on :
really? kewl!
How do charts look when they indicate an imminent squeeze?
Posted by Gary59 on :
Hey Tex, I know that you are a master of the charts , I usually look at the single day chart with the sma ,and bol bands during the day to get a better look at where it is going , and it is still just tighneing in bands on a one day chart and I look at stochastics chart, I know that you know 1000 times more about reading charts than I do , but when I see this type of tightening in the bands something happens whether up or down its still a guess. And as for being Imminent ,, I dont have that experience yet.. Good to see you watching over us Tex..
Posted by Gary59 on :
quote:Originally posted by T e x: really? kewl!
How do charts look when they indicate an imminent squeeze?
Maybe after re-reading the post a few times I should say that the bands are tightening not a company or market sqeeze on HIG..
Posted by T e x on :
OK, gotchya...thanks for the clarification. Posted by Gary59 on :
Sorry for the confusion and I do not want to mislead someone on here Tex , I definatly do not P&D anything on here. I think that I have been using the term sqeeze in the wrong places.. I will try to remember that in the future not to use squeeze in my posting.. Thanks Tex
Posted by Morpheus on :
picked up 200 shares C 6.60
Posted by Morpheus on :
make that 5.60 ...ooops
Posted by Gary59 on :
Good luck Morpheus,,would be nice to see it back to 6.50..
Posted by Morpheus on :
gary...you are NOT a P and D..keep up your play by play commentary as you see it..I get your drift and its really helpfull to alert the board of something big comming up..we can make up our minds to buy or sell..so appreciate the effort.. Posted by Morpheus on :
well..as far as C goes..i feel that with the govt backing and all..it should move up toward 10+ in the very near furture..so i just want to catch a little of the action without too much exposure..couple hundred bucks..why not?? will double down 1 time if it goes against me..
Posted by R1 Man on :
quote:Originally posted by Morpheus: picked up 200 shares C 6.60
Sorry to hear that Morpheus.
Wow have I been gone for a long time. Just been getting hammered with bills. Had to pay my taxes, Insurance on house and jeep and been busy working and having my son 6 days a week. So its been all sidelines for me.
SKF....HOLY COW!!! Hope nobody shorted that when I said to short it. WOW!!!
Posted by Gary59 on :
Thanks Morpheus , also I dont want to mislead someone as well..I have just been using the wrong terms ..
Posted by Morpheus on :
for a slow and steady play...my MON is moving up like a turtle..but it just keeps clawing..so I love it at this point..looks to be a nice 12-15% gainer in the next few days..these other really big movers and too much like the horse track..so just little bit of mola goes into them..
Posted by Gary59 on :
Hey Look Father Quido Sardootchie is on CNBC,, I havent seen hin since saturday night live in the 80s.. Posted by Morpheus on :
yo..R1 Man...long time no compadre..you been in the bank so you are way ahead of the game at this point..you sly dog you..
Posted by R1 Man on :
How many pages of posts have you guys did....we're on 99....I think last time I read it was like 68. Guess this is the Gary59, Morpheus show. And now we have T e x posting....wow!!
Anyways, Still holding F.
So....anyone think the DOW will hit 6,000 range....or is the bleeding over??? I think the DOW is not done bleeding!!!
Posted by R1 Man on :
quote:Originally posted by Morpheus: yo..R1 Man...long time no compadre..you been in the bank so you are way ahead of the game at this point..you sly dog you..
Yep....still planning on selling the beast this spring. Then I will have a nice chunk of change to drop in the market. I doubt it will be fixed before then so should still get in just in time.
Posted by Gary59 on :
Hey R1 , I am still holding F as well and a few HIG , might get my money out of those in a few days if this keeps up.. ERY is down 13.54 for anyone who is betting on a red EOD or tomorrow..
Posted by Morpheus on :
R1..DOW down to 6000..there is lots of good news today ..and i believe that the prima donna mama herself (give em hell-ery clinton) is due for a speech today too..maybe i just heard wrong?..but the good news looks to be in play for the next few days..IMHO..but im still proceeding with caution..trying to shift funds onto cash and take advantage of some of the bigger movers and trying to avoid the "3 day settlement" BS..only im gonna take a "free ride" (cause many funds have not cleared yet) on stocks if there is a big drop at the end today
Posted by R1 Man on :
Its like this....the market is total BS!! There will be more downturn in play. Sure Obama will come in to help but I think the damage is already done. Who would of thought F, GM, C would be soo low in price....??? People need jobs and they are hard to come by. No jobs, no spending, no gains, no profits. I think if OIL wouldn't be as low as it is now....the DOW would be at 5,000 range. So OIL is the friend right now but how long will that last???
Ohhh....by the way...they are talking about banning SHORT SELLING again....so SKF might be a good short.
Posted by Gary59 on :
I want to get more F but the only money I have is not cleared so it has to be over 4 bucks to buy with unclear funds,,,,I am thinking any day now they will come out with a loan plan for big three,, I still like the way last week when they where in front of the loan commity the rep from ford when asked how much will ford need , the ford rep says we will just take whats left over..I couldnt believe he said that..No Idea of what Ford needs , just give us whats left over..
Posted by Gary59 on :
HIG getting ready to hit HOD again..AND TNA is testing new highs 26.36
Posted by Gary59 on :
Looks like I am going to have to just sit back and watch today,, no clear cash and market is up , nothing for me to get into,,or chase
Posted by Gary59 on :
The ten day chart on HIG looks like it is coming off bottom , It was 12.00 6 trading days ago..I might pick up a few more ave down and wait for the loan plan to come out next week , if it dips in the morning..
Posted by Gary59 on :
Morpheus did you get back into TNA on that dip after you sold?
That bugger might get back to 27 today if this keeps up..
I havent seen a few green days in a row for quite some time ,,I dont know how to act..
Posted by Gary59 on :
EEV down 20 bucks today,,ERY down 15 Not an ETF but AAPL up 11.20
Posted by Gary59 on :
Well i have to re- do that TNA might hit 28 now...
Posted by Gary59 on :
Well 2 big green days in a row , I am wondering if I need to get some ERY at this price...42-43 range, whos betting on a green day tommorrow?
Posted by Morpheus on :
im betting green...gary did you answer the trivia Qs on the cnbc ame today?
Posted by Gary59 on :
NOt yet , I havent been there yet..
Posted by Morpheus on :
its a new week and they go by total percentage week by week..so i guess you missd this week..i got 5 portfolios going 3 long and 2 short..doing pretty good im gonna win a least once this time around..
Posted by Gary59 on :
So I have to set up a different set of portfolios every week??
Posted by Morpheus on :
no..you buy and sell into stocks that are going to go up...employ different stratagies for different portfolios..one day to the next..unless you like what you got..then you have no chance at all..
Posted by Gary59 on :
Morning all,,looks like the fins are going to run again with the new fed interest package, and does seem like they are finally going in the right direction now to correct the market...
Posted by Gary59 on :
FRE and FNM are going to explode today already running with this news out about fed money covering losses..
Posted by SoAngel on :
Just sold my UYG * 5.49 pre-market.
Posted by Gary59 on :
OK picked up 500 sh FNM at .45 we hoo big money riding here.. Going to try and get some FRE as well pre market ord in for 500 at .50
Posted by Gary59 on :
Morning SoAngel, good to see you around this morning,, good luck today..
Posted by SoAngel on :
Thanks man, I won't be on much today. I am still holding a bunch of stuff and plan to hold until good things happen. Was nice to get out of UYG and take some profit on that after a little wait. I do think it is going higher, but ultimately, I think I will be getting in cheaper again soon. We'll see.
Posted by Morpheus on :
uyg is going higher today..everything looks good for now..only have 100 shares of TNA ...screwed up on that one..blah
Posted by Morpheus on :
lets make it 3 days in a row of up up up...eeeeehhaw
Posted by Gary59 on :
Morning Morheus, what are you watchng ths morning?I am still looking at getting some ERY if it drops back to 43 range.. Also FNM and FRE did a little head fake this mornign I am gettting out of FNM at .55 if it pops back to that range ,, I only have 233 bucks in i now should have sold at open .57 , the way things where running it looked like they where going to pop this morning...They still Might though
Posted by Morpheus on :
im watching SRS and SKF as a trend indicator..im still bullish yet..just wanting to trade TNA and UYG and looking to possibley unload some MSFT in the green and free up funds for bigger movers..i tell NOV and JRCC is looking good too
Posted by Morpheus on :
the "bald wonder" is going to speak..and lately when he is on the market tanks..sooooo ????
Posted by Morpheus on :
i just tapped another 500 shares of UYG just for kicks..
Posted by Morpheus on :
HIG is looking really good..i still hold 500 shares of this..im down from my avg price of 9 bucks though
Posted by Gary59 on :
I only have 100 sh at 7.50 now so I am looking close to even now I am just going to hold a few more days or weeks , it was 12 bucks last week,,ERY is getting back to my by range and yesterday even with the market up it was above the 43 rnge
Posted by Gary59 on :
Are you still holding C today Morpheus?
Posted by Morpheus on :
heres a sleeper for you all...looks like hugh upside from here...GGP
Posted by Morpheus on :
gary..yes im holding C..200 shares only for now..im heavy into financials with UYG..1500 shares
Posted by Gary59 on :
OK out of FNM didnt look like a run dow heading down for a while and didnt want to loose anything out with a 3.66 gain on that one Also Have to head out and get a few things for thanksgiving.. BAck later on guys Good Luck..
Posted by SoAngel on :
I will be away from the computer for the rest of the day, I think, so I put an order in to buy UYG at 4.25.
Posted by Morpheus on :
i too have to head out...but somebody put instant glue on my keyboards and now im stuck
Posted by Morpheus on :
dow red -100...WTF ..SRS had been down over 10%..now up..im liking TNA on the rebound
Posted by Gary59 on :
Morpheus , so you are calling a green EOD today?
Posted by Gary59 on :
Talking about loan money for the big 3 next week,on CNBC I am going to try and even out my F shares to 1000 and bring ave down in case of it running, we know that it will be pretty sure that they will get a loan of some sort and that will make it pop.
Posted by Gary59 on :
looks like we are heading for another EOD rally here..
Posted by SoAngel on :
Gary59- I just stopped in for a minute to see what is going on today... I am not convinced on the EOD rally, but I hope you are right.
Posted by Gary59 on :
It took off at 3 then has dwindled down a bit , I was thinking earlier it was going to stay red today after the last few days , but looks like it will end in the green just not sure what will happen, I ave been in and out and not able to keep up with anything and that makes it tough to keep up, but sometimes I am more lucky by not being here than I am watching..
Posted by Morpheus on :
its a small gain on the dow..but my stuff put $3+k back into my account
Posted by Gary59 on :
Good job Morpheus, I just never pulled the trigger on TNA today had it cocked and loaded at 25.40 just got filled with indesition at that point then the dow headed back up ,,One big reason is I only have enough free cash in my account to get 50 shares so it really needs to move for me to make anything on it.So I get a little hesitant when making these trades that need to go up 2 bucks to make money.. Good luck tommorrow..see you guys in the morning..
Posted by Morpheus on :
gary...there are plenty of trading days ahead..preserve you capital and caution is critical..somehow, im into way more positions then usual, but all are green except MSFT today..3 up days in a row and im getting hesitant too..
Posted by Gary59 on :
Morning All, I wonder what today will bring afer 3 green days in a row, pre-market trading is showing a red open this morning , but that was the same as yesterday, there are supposed to be a lot of news and earnings reports out before open this morning so we will see what that will do for the maret they did not say what sectors of the market though....And I have clear funds to trade today..
Posted by Gary59 on :
TNA is down 2-3 bucks already with a steady fall, ERY cant be bought pre market its up 8 ..wonder if TNA will be a good buy at bottom today , how low will it go.......I might play it safe and pick up MSFT at a low today..,cnbc calling for 200 point red open ,,
Posted by Gary59 on :
Now its starting to act like it did yesterday,, stocks in the red pre market now some on my watchlist are heading up ,,go figure,,is this going to be another green day after a red open?F is up .04 C is up.08 with news of mexican invester buy 150 mil in C ,, Looks like it is going to be a crazy morning,if not all day here..
Posted by Morpheus on :
yo gary..whats the good news..any? gonna be a red open but not too bad...the Question is..will things quickly rebound..Id like to think so..should be alot of action during amateur hour this am
Posted by Gary59 on :
Looks like it will be a roller coaster ride again this morning ,, I am looking to grab TNA this morning after I get an idea of how far it will dip ,, Just another funny pre market ERY is back down was trading 48-50 a while ago now down ,, I think no one has an idea what to do this morning
Posted by Gary59 on :
C is up .20 on news this morning F still up .04 TNA low was 26.07 back to 27.08 Yep going to be a roller coaster , hope I dont puke ..
Posted by Morpheus on :
only down couple hundred bucks at the open..not as bad as i feared..
Posted by SoAngel on :
I don't think this day is going to end pretty. I hope I am wrong.
Posted by Gary59 on :
I might grab some UTX this time at todays low if I can figure where that is it has been from 41 to 54 in the last ten days more news out , accuired another small company, and just had a very succesfull engine run for one of the moon landing thottleable hydrogen engine , so if they get that deal that has been working on that will be a great hit on the company..but could test the 41-42 range again until that news is out..
Posted by Gary59 on :
OK guys I have to get out of here for most of the day I will miss the roller coaster for the mornign wich might be a good thing today.. Good luck to you guys who have to watch this mess,, I keep thinking a fake out and drop back deeper in the red today..Just my gut fealing , which has been wrong 90% lately.. Later ....
Posted by Morpheus on :
just bailed on C 6.93 and F 1.85 looking to trim my holdings for now
Posted by Morpheus on :
bailed on TNA 30.65 looking for a buyback on the downlow
Posted by Morpheus on :
out of GM 4.72 looking to buy back lower
Posted by Morpheus on :
4 up days in a row...selling into strenght...thats my strategy..taking a loss in some but looking to buy back on after turkeyday pullback..??
Posted by Morpheus on :
profit taking is hitting GM about now peaked at 5.87 down to 5.17 in 2 minutes
Posted by SoAngel on :
I am all cash as of 11/26 2:50pm.
Posted by Gary59 on :
OK i am back from running around ,Looks like I missed a good run today, I do have F and HIG both are up pretty good finaly in the green on both might have to sell today at close and be in cash like SoAngel as well..Also I feel there will be a pullback on friday as well , I am not used to these green runs we havee had.
Posted by Morpheus on :
soA and Gary..agree on the bearish feelings..im selling all positons today and in doing so..left a little mola on the table..but..im going into SRS at the close ..so..im going short after today
Posted by SoAngel on :
Yes, I definitely missed out on some $$$ by getting out, but I simply don't trust the market right now, especially with a day off, then partial day, then a weekend. Too much time for news, and with 4 days in the green in a row, we are due for something bad to happen.
Posted by SoAngel on :
BGZ is looking sweet at 71.XX but I don't want to dump too much confidence in my bearish thoughts right now either Posted by Gary59 on :
Friggin scottrade ord to sell F froze up when trying to get out at 2.14,, still has pending change listed,,that sucked Hope it dont head down by friday..OK guys have a good turkey day tommorrow , I am outta here..
Posted by Gary59 on :
OK ,, I happened to change the ord for F at the same time that it sold, so it froze , when I logged off of scottrade and re-checked it had sold at the same time I was changing so I am out of F at 2.15 in at 1.85 so all I have left is HIG .
Posted by Morpheus on :
with 7 minutes to go i put in sell market orders and nothing hit till the after the close over 6 minutes of playing around...what a bunch of BS..i knew better..99% of the time i put in limit orders and every thing sold a the bottom of the range..those ****heads cost me over 150 bucks becaues of it..crap..WTF can you do?? NOTHING
Posted by Gary59 on :
Was the market ord for a ETF? They really play those suckers.. I always use limit sells unless its running down so fast I cant catch it..
Posted by Morpheus on :
but what ever...im but $4K+ back into my account..many of the stuff i had been selling in the last 3 days would have put me way ahead of the game in the last 3 weeks avg..I bailed on TNA waaaay tooo early..so that really cost me..oh well..ive got ammo for the upcomming bear market rebound..thats my plan
Posted by Gary59 on :
OK back this morning with a food hangover now,,,,looks like mixed feelings on open today F is up .19 (shoulda held) HIG is up a little (still holding),TNA trading down this morning ERY Up 3 bucks,, SRS up 2 bucks ,, ETFs calling for lower open ..
Posted by Gary59 on :
Bell in 3 minutes is anyone else in here this morning??
Posted by Gary59 on :
HIG hit 8 bucks,,
Posted by Gary59 on :
C is up .85 to 7.90,,,go figure..
Posted by Morpheus on :
yo gary..just sold the last of my F at 2.48..just hanging in there this AM gonna be playing the 3X efts today
Posted by Gary59 on :
looks like F is running hard this morning people are waiting for news coming on tuesday
Posted by Gary59 on :
ERY up 3.79 TNA down 1.35 ,,I am not sure where the market is going this morning , just hanging back a little while to see where we are going for now..
Posted by Gary59 on :
DOW has been up 3 time and down 4 times already this morning..good flipping day.. roller coaster ride..
Posted by Gary59 on :
Looks like I am going for TNA on a dip back iin the 31.50 range..
Posted by Gary59 on :
as soon as cnbc mentioned OSTK trading doubled and is up.60 since he mentioned it....
Posted by Gary59 on :
I still cant get a handle on anything bouncing this morning, at least not enough to flip for fast money..ERY back down a buck from high.. might try that one..
Posted by Gary59 on :
Morpheus , do you think MSFT is going back into the 18-19 range??
Posted by SoAngel on :
So far, I have sat out completely today. Waiting for something to jump into....
Posted by Gary59 on :
Same here SoAngel,, nothing really bouncing big since opening..
Posted by SoAngel on :
I am going to step away for about 45 min or so, so I can come back and see what kind of disaster the last half hour brings.
Either way, I might not get into anything before the weekend, we will see what happens.
Posted by Morpheus on :
msft target is mid 18
Posted by SoAngel on :
Well, I didn't get into anything. Have a nice weekend, everyone.
Posted by AJGrano on :
I'm still in xtlb just because it was staying around that .08-.09 range for the week or so, but its up to .12 during extended hours. ....hopefully this will make a little run so I can dump it soon enough, ha.
Posted by Gary59 on :
Morning All.. it 8:00 am and dow futurs down 211 point this morning.. So will it be like last week down 200 pre market and bounce back to a green day?? It did that last week a few times so , I am watching TNA and ERY for bounces today.,, WOuld like to get back into F because of news of loan this week , but sold at 2.15,, thinking it was going to dip but kept going up ,might get some if it dips back around 2.25-2.50 range..other than that still looking to something else to get into this morning..Also looking into MSFT and YHOO ... Good luck
Posted by Gary59 on :
Also looks like some profit taking in F pre market, so it might get back down a little this morning,, TNA and ERY both up and down about 4 bucks, might be a good swing on these today..
Posted by Gary59 on :
Also Morpheus , I hope you got into SRS last week its up 8 bucks so far this morning..
Posted by Gary59 on :
OK I got a few GE at 15.95,,
Posted by Morpheus on :
gary..i gots 50 shares of SRS..im also lookin go play the TNA and TZA swings
Posted by Gary59 on :
I am watching for TNA to get back to the 28.50 range..Did you have srs last week? If so great pick... Wish we would have known about MNT... that sucker doubled this moorning with J&J buyout..
Posted by Gary59 on :
What do you think about GOOG ? its down 14 bucks so far , I might get a few shares of that one if we have a few more red days following today..
Posted by Gary59 on :
I deleted this FUR Is not up 338% somethiinng wrong on finviz on that one it looks like its down 9% according to charts , must have had a fat finger last week or something..
Posted by Gary59 on :
Obama going to speak at 11:00 , market usually goes up when he speaks,,going to get TNA before 11:00..
Posted by Gary59 on :
Missed TNA at 28.58 , I have an ord for 28.50 ,, should have market ord..BUT market looks like it is staying around 350 down,,
Posted by Gary59 on :
Hey Morpheus , do you think we will have 3 red days in a row this week??
Posted by Gary59 on :
Took my ord out for TNA ,,,gonna watch a little bit,, seems like market still hovering at -400 now..Looks like TNA might go below 28 IMHO
Posted by R1 Man on :
Interesting....F hit $1.01 a few weeks ago and now at $2.79. Did anyone grab any? I have money to drop into my account but debating. Have to think about it....but sell F or not....hmmmmm????
Posted by R1 Man on :
Thinking of selling F and grabbing BAC at $14.38
Posted by R1 Man on :
Sold F at $2.90....now what to buy???
Posted by R1 Man on :
Loaded back up on F at $2.80....selling at $2.90 again.
Posted by Morpheus on :
gary..yes i believe weel have 3+ red days in a row in the next 2 weeks
Posted by Gary59 on :
Im back , had to get a few things done , glad I didnt get TNA yet,, I had an ord in for F again but took it out before I left, I hate being away from the computer while the market is falling like this.. any major news on CNBC while I was out?. I might get more F today if it gets back under 2.50 , or bottom today , news is supposed to be out this week (I heard tommorrow) so would like to have 500 shr of it in case it gets back to 4 again..
Posted by R1 Man on :
I think it will close around $2.93 today. So not worried. But the meeting is this week and I expect it to boost the stock. So as long as Bernanke doesn't screw it up, it should close up today.
Posted by Gary59 on :
OH SHlT,, Bernacy is going to talk at 1:45,, hold on to your asses and get into bear ETFs..
Posted by Gary59 on :
I feel the ssame R1, I got out last week at 2.15 ,, thinking it was going to dip and get back in ,,, but might get in today if it dips under open..
Posted by Gary59 on :
F is really holding at 2.75,,,,, might not get any lower,, I have a buy in at 2.50 and might just go ahead and move it to 2.75 ..
Posted by Gary59 on :
I dont know I might cancel F ord and get into TNA in case Bernanke has something good to say and it runs back up a little ..What to do,, what to do..
Posted by R1 Man on :
F....$2.43....yuck!!!
Posted by Gary59 on :
OK just picked up 500 sh of F at 2.45....hope it runs a bit..Now gonna go ave a smoke..
Posted by Gary59 on :
Ouch shounlt have went for a smoke, F 2.35
Posted by Gary59 on :
Dam down $100 in 5 minutes
Posted by R1 Man on :
yeah....Down $620....What the hell happened???
Off to work....might have to add some funds now...damn!!
Posted by Gary59 on :
LOD 2.02 rot,, looks like its heading back up a little now though
Posted by Gary59 on :
Hey Morpheus , where have you been today? Did you get out of SRS yet?
Posted by Gary59 on :
R1 you still around F running back up ..
Posted by Gary59 on :
I still think F is one of the better auto companies out there and here is a little news that was out an hour ago , 3Q shows liquidity..
::::: Ford Motor Co. (F) had about $29.6 billion in liquidity at the end of the third quarter. (In the item =UPDATE: Ford Explores Sale Of Volvo Amid Auto Industry Woes," published at 1:29 p.m., the amount of the liquidity was incorrect.)
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/al?rnd=cyyj%2Fj9l%2Faz7taM%2FBIG0ZQ%3D%3D. You can use this link on the day this article is published and the following day.
Posted by Gary59 on :
MACD lines and SMA lines on F are getting tighter and sma lines getting ready to cross in a little while .. F might run before close today..I might hold a few shares if I can get out with any profit..
Posted by SoAngel on :
Ugly day.
Morpheus- did you unload your UYG when it was over 6.00 ?
Posted by SoAngel on :
I have an order in for UYG at 4.45.
Posted by Morpheus on :
i been running around doing errends today..dmv and crap..i just bailed on half my SRS..only 25 shares now..and yes i sold out of uyg on friday..im kickin ass in the cnbc game..up 16% today..good start for a monday
Posted by Morpheus on :
actually ..i bailed all longs on wed br4 turkey day at the close..only have SRS now..i just sold all out of that too..gonna tap int a little FAS in 1 minute
Posted by Gary59 on :
I just got back from the store, I am not down too far with GE and F , HIG took a big dip while I was away,,Hopefully the morning will bring a short pop back up for most of these because dow is down over 600 now it wa 400 when I left...I wasnt gone 35 minutes...
Posted by Morpheus on :
just picked 100 FAS 17.30
Posted by Gary59 on :
OK Morpheus, looks like a F and GE trading up a little afer close today , hoping for a better day tommorow and F gets the fed loan.. Have a good one I am outta here for the night..
Posted by Gary59 on :
Good Tuesday Morning All, sounds like a lot of good news on F and GE , DOW futures up 134 so far this morning ..Hoping for a good start this morning..
Posted by SoAngel on :
I have a GTC sell order in for my UYG * 4.81. I won't be at the computer much at all today, so I guess I will see what happens later...
Good luck, everyone.
Posted by Gary59 on :
Out of GE this morning small profit,, waiting for F info to get out, in at 2.45
Posted by Morpheus on :
yo gary..was the happening? everything seems to have just gap to the price there at now, and not much movement since..nothing too compelling to trade yet, would you agree? im in FAS and im looking to catch a few bounce plays on this most likely out above 19 and back in on a pullback..
Posted by SoAngel on :
Stopped in for a min...I am out of UYG * 4.65.
Posted by SoAngel on :
Set a buy order to get back into UYG * 3.48. Leaving for the rest of the day, I believe. Good luck again all!
Posted by Gary59 on :
Basically the same here , not going to chase anything , and TNA and ERY not really running much..I am just holding F and HIG waiting for news on F to hit then I am out , I am already up 200 on F so I need to set a stop limit on that one , other than that I dont see much of anything that is bouncing enough to play after yesterdays drop..
Posted by R1 Man on :
Just got upstairs to see my F and now its back down. Was going to sell it and buy back in at a lower price before they decide about the money. Ohhh well....hard doing stock trades when you have a 2 year old running around.
Good luck all....have to see what he is into now.
Posted by Gary59 on :
I might sell ouut today at 2.90 if it hits again then buy back lower, I thought news today was going to help better than this..
Posted by Gary59 on :
Man what a sidways day today even with the dow up over 200 pts..ETFs not really moving much , nothing really bouncing up and down to play...
Posted by Morpheus on :
bailed on FAS 19.35..
Posted by Gary59 on :
Good grab Morpheus,, I am just waiting now for a hopeful 3 ooclock run up on F and HIG , then I will be in cash again so I can flip tommorow
Posted by Gary59 on :
Is F going to stay at 2.80 all friggin day? Cheese wiz,,,,,might have to leave the computer until 3 ... this is getting boaring today..even in an up market..
Posted by Morpheus on :
gary..you need to do what i do..i have my dog trained to bark really load when anything on my screen start to do a dramatic move..that way i can do the more important things in life..things like filling out all these G.D. rebate crap i got from FRYS in my feeble effort to keep the economy from financial ruin..actually they had some great sales on memory (2Gs * 22 bucks after rebate)wireless router (9 bucks) motherboard and 3.1G processor ($65 bucks)a great 100 buck PC case for 10 bucks after rebates..(my teenager build PC and then sells them)..bluetooth headsets and tons of good software all free after you do the rebate..i just brought my kids and we went through the line twice (cause some of the stuff was limit one per customer) that was my saturday..
Posted by Gary59 on :
WEEE F just went up to 2.82,, for a minute , man what a rally,, I hate filling out those rebate certs, I have been screwed a few times with those , a few of them for 100 bucks on a computer they say they did not get , and I have sent them picures of the hole in the box where I sent them to them , and there is only 1 per computer serial # and they still would not send me the money,, The only ones I will do is the ones that are filled out at the register by the store,,then I send them in and have no problems ..
Posted by Gary59 on :
F has had volume running ALL DAY and still setting there so something has to pop soon,,I need to free up cash to trade for tommorrow, I am thinking weds will be a up and down day because of todays re-tracing,,Maybe tommorrow will be better, today has been good dont get me wrong but not for any flipping..
Posted by Gary59 on :
I wonder if we are going to see a big shakout this afternoon , dow already dropping under 150 ,,Might be a good flip in there somewhere I do have money from the GE sale to flip......
Posted by Gary59 on :
Shakeout came while I was cussing about the day on F down to 2.64
Posted by Morpheus on :
gonna buy 100 FXP in just a bit
Posted by Morpheus on :
maybe not just yet..??
Posted by Morpheus on :
yeah..reabates is a bunch of BS..but you take a chance..i been screwed too in the past..HATE IT!!
Posted by Gary59 on :
Well I really need to quit smoking,, I put an ord in to sell at 2.65 to get flip again on the dip ,then I remembered that I am using unsettled margin funds, rushed back to cancel the ord and it hit.. and cant get back into F unless over 4.....I still made 100 bucks but snott......I am gonna see if I can get in at bottom or even TNA if it drops
Posted by Morpheus on :
my stupid dog did not bark at all..and now i missed some really good 10%+ rebounds...shoot..FAZ SRS and TZA...all missed oh well ..what can you do..??
Posted by Gary59 on :
OK Looks like the dow dipping into the red soon,, might get TNA on the dip..Cant afford FXP
Posted by Gary59 on :
Didnt stay in the red long ,, maybe 1 minute..
Posted by Gary59 on :
OK Back in F at 2.60....charts look like they are tightening , want it back to 2.80 or 90 now..
Posted by Morpheus on :
im going bear for tommorrow..picking up FAZ at the close
Posted by Morpheus on :
got 50 shares FAZ * 63.25 at the close..
Posted by SoAngel on :
Damn, I should've played quite a few things today. Oh well! Hope you all did well!
Posted by Morpheus on :
boy o boy..it has major 2 point swings just the last 30 seconds..crazy
Posted by Gary59 on :
Im out of F at 2.71..
Posted by Morpheus on :
you know how they say good by in mexico...hasta margaritas amigos..
Posted by Morpheus on :
its still really up in the air if they are gonna get the mola or not..there is a good chance they might all go BK just to loose the high cost union labor.. is really risky at this point..
Posted by Gary59 on :
Well I think that they are side stepping a lot of issues right now and I am out of F for a while now ,, if it takes anotheer dip in the next few days AND there is better news I might get in a little, I made 100 bucks on the 2 flips since yesterday , I am happy at least I am heading back to where I was before the big hit 2 weeks ago that took 2k from me,,,that hurt ,, but only a few hundred left and I am even again..See you guys in the morning ...
Posted by Morpheus on :
gonna open red this am..im all over faz and tza gonna add more faz at the open
Posted by Gary59 on :
Morning Morpheus, just got back on had to update my Java for scottrade, having a little lag time going on,Also found out that I cant place a sell ord with a trailing stop at the same time,,dont know why they wont let you do that but they told me that I can only place one or the other... Good Luck Today...
Posted by Gary59 on :
Wondder if we are going to have a big Dow bounce today ,, watching TNA for low..
Posted by Morpheus on :
just picked 100 more faz * 67.30
Posted by Morpheus on :
there is just no good news (tv puppet spin) out today to lift the market..so far only bad reports and im thinking this is going to be the norm all day..so gonna close in the red..IMHO but.. WTF do I know..?? im playing for down market and it could change in a heartbeat..
Posted by Gary59 on :
TNA has had a 1.00 to 1.50 swing today even in this down market watching for around 24.50 to get 200 sh..
Posted by Morpheus on :
C looks like it wants to come out and play today..its got some action going on..
Posted by Gary59 on :
TNA hitting Highs now 26.09..waiting for a dip still,,looks like a lot of green coming out this morning as well..
Posted by Morpheus on :
gary..oh yeah..could this be a classic head fake??
Posted by Gary59 on :
I am keeping the DOW and RUSSELL charts up this morning,looks like dow takaing a down turn
Posted by Morpheus on :
just avg down on FAZ another 100 shares * 61.30
Posted by Gary59 on :
Man is this a mixed market this morning,, some FINs UP market down ,, I am like a bear chasing 2 dogs , dont have a clue what direction to go ,, Just keep watchin it go by..
Posted by Gary59 on :
Is the DOW going GREEN???
Posted by Gary59 on :
Watching ERY now..
Posted by Morpheus on :
oh yeah...we are all confused too!!..my FAZ is a pur gamble..and it hurts right about now..
Posted by Gary59 on :
Look at that fat finger on wamuq , somebody messed their pants went from .039 to .42 ,, MMs missed a zero..
Posted by Morpheus on :
this is really brutal...all the bad news and stories and just when you think the market is gonna head lower it climbs by the minute..im just being "patient" and it is costing me big..could i be the worlds biggest muy-estupido??
Posted by Gary59 on :
DOW chart looks like it is taking another down turn now,hate to say it but , hope it heads back in the red so I can get into something ..
Posted by Morpheus on :
im here on the west coast..so its breakfast time for me..a big bowl of oatmeal and coffee to get my mojo on
Posted by Morpheus on :
for all you SRS players on this board..its down big right now..as is FAZ and TZA
Posted by Gary59 on :
Dow heading back up,,,another head fake this morning on the dow,,,what to do ,,what to do????
Posted by Gary59 on :
I dont like ERY , it does not move near as much as TNA even though its the opposite side of the market..
Posted by Gary59 on :
Actually some good news out on AIG and has bounced pretty good this morning I might gar 1000 sh of that if it dips again,,I havent played that one in a month..
Posted by Gary59 on :
OK gettin ready to pull the trigger on TNA here soon, I think..
Posted by Morpheus on :
some news must have just come out..the market is suddenly down ..and droppin Posted by Morpheus on :
ah...AIG...im just trying to stay away from stock that are marginal BK candidates..after WAMU and PPC..im really gun shy..to trade in 1 day..that would be the only way for me
Posted by Morpheus on :
financials are dropping like a lead weight in the deep blue sea..you can relate to that reight Gary? yo go fishin on that boat of yours?
Posted by Morpheus on :
once again..im useing bad timing in my thinking..FAZ is up 20% from its LOD..errrrr..but im in the green on this one..so yeppie
Posted by SoAngel on :
Interesting...
Posted by Morpheus on :
ahhh...the dow is now down over 100...huh?
Posted by SoAngel on :
Now... I would REALLY like to get into something today. Determining whether or not to go bull or bear is the interesting part.
Posted by R1 Man on :
I got greedy and saw a high volume bid at $2.90 on F and changed my sell to $2.92 trying to squeeze that extra penny. Doh....I knew it would drop back down and was planning on selling and buying back in. But going to hold it overnight again. I think this will pop huge....saying $4.00+ range this week.
Posted by SoAngel on :
Picked up some UYG again * 4.97.
Things are bouncing all over the place. I am just going to sit on it.
Posted by Morpheus on :
at this point..im thinking 2-3 days ahead for the short term...im playing down today..down thursday..up friday..that is what history tells me..things usually go up on friday recently..check it out and tell me if im wrong..
Posted by SoAngel on :
It is like ... as soon as I buy, things go red. I picked up more UYG * 5.03 and INSTANTLY, it dropped back some lol
Posted by SoAngel on :
Is this a fake out or are we going to see a green rally here ?
Posted by Morpheus on :
i go uout and wah my car and 30 minutes later..were up 80 points..geeezzz..this is capitulation at its finest..
Posted by Morpheus on :
LVS is kickin so A-Ho today..gap down and claws its way up 15%+ so far..its looking like its headed much higher too..im a buyer on any pullback
Posted by SoAngel on :
Financials looking strong right now, but I am planning my exit on UYG...
Posted by Gary59 on :
Well just my friggin luck I had to leave and help my brother put a set of trailer lights on and missed the dip at 2 .....SOAB...Might have one more today or even close red today not sure by the looks of it
Posted by Gary59 on :
Legg MAson says this is the bottom,,,,,,just on CNBC ,,,,,yeh right....
Posted by Morpheus on :
we are in the last hour..what game are comming our way now??
Posted by SoAngel on :
Out of UYG at 5.17. Wish my sell order would've filled at 5.25, but it was already heading down at that point. Now it should really take off! (since I sold).
Posted by Gary59 on :
back in the red again , but the way its been running flip a coin,,I am looking at TNA at 25 ..
Posted by SoAngel on :
Okay, I am stepping away until closing time.
Good luck!
Posted by Morpheus on :
for you dudes that like to play really BIG swings..here is one that i own 2000 shares of and am contemplating buying more of PGPDQ..buyer beware
Posted by Gary59 on :
OK just got 150 sh of TNA for a quick flip in at 26.91
Posted by Gary59 on :
OK now out of TNA at 27.40 only 60 bucks shoulda held but gotta leave in a minute
Posted by Gary59 on :
A Littlle patience would really help me with trading,,just hit 28 for a minute..
Posted by Gary59 on :
Hey Morpheus , I was watching PGPDQ before the q, a feew weeks back that one does get interesting.....AARRGG TNA 28.40 ,,,,5 minutes worth of patience would hellp me trade but I am leary of that one still , that is where I lost big 2 weeks back was TNA ,, so kinda gun shy..
Posted by R1 Man on :
quote:Originally posted by Gary59: Hey Morpheus , I was watching PGPDQ before the q, a feew weeks back that one does get interesting.....AARRGG TNA 28.40 ,,,,5 minutes worth of patience would hellp me trade but I am leary of that one still , that is where I lost big 2 weeks back was TNA ,, so kinda gun shy..
Gary,
Any stock you lose money on you should not touch for 45 days or its considered a WASH SALE. Result is you can't claim the loss on your taxes.
Posted by R1 Man on :
quote:Originally posted by SoAngel: It is like ... as soon as I buy, things go red. I picked up more UYG * 5.03 and INSTANTLY, it dropped back some lol
Make sure you post what your going to buy so we can SHORT it. Posted by Gary59 on :
R1,, on the wash sell , I thought that a wash sell was selling at the ssame price you bought , and losses are still combined as losses at tax time,,,(man I could barely type tax time), so you are saying that if I trade the same stock at a loss I have to wait 45 days to trade it again?What about re-gaining loss? Does that count against you if you cant take the loss in that 45 day period do you have to pay gains as well?Seems like a double edge sword on taxes to me...
Posted by Gary59 on :
This is interesting F and GM is trading DOWN pre market , Is anyone going to play either of these this morning?
Posted by T e x on :
quote:Originally posted by Gary59: R1,, on the wash sell , I thought that a wash sell was selling at the ssame price you bought , and losses are still combined as losses at tax time,,,(man I could barely type tax time), so you are saying that if I trade the same stock at a loss I have to wait 45 days to trade it again?What about re-gaining loss? Does that count against you if you cant take the loss in that 45 day period do you have to pay gains as well?Seems like a double edge sword on taxes to me...
here ya go:
quote:In general you have a wash sale if you sell stock at a loss, and buy substantially identical securities within 30 days before or after the sale.
Thanks Tex I will have to check that out..
Posted by Gary59 on :
Looks like another roller coaster ride in the dow this morning,,30 minutes ago the dow futures where only down 25 point now down 150 ...It did this yesterday as well.. I wonder if we will have the same type of day red, green ,red, green..
Posted by Morpheus on :
i got tons of FAS..so for me..down is good..gonna buy more possibly close to the open
Posted by Morpheus on :
not FAS...its FAZ the inverse is what i have,,i also have a bad case of fat finger ..
Posted by Morpheus on :
Garyt..there is still a good chance of no bailout just to get rid of the union contracts and other non production issues of the car co's..
Morning Morpheus , I am looking at TNA again..
Posted by Gary59 on :
ING up .40 this morning
Posted by Morpheus on :
picked up 50 share of FAZ * 55.75 now at 450..crossin my fingers..
Posted by Gary59 on :
I am still on the sidelines waiting to get into something..
Posted by Morpheus on :
gary...it all depends on ...which way you believe the market is headed this am..logic says down..but that would make way too much sense..
Posted by Gary59 on :
I had an ord in for TNA at 26.50 ,didnt hit a after open,, still have an ord in 26.50 but might have to raise it considering the market looks like its coming back down again
Posted by Morpheus on :
the car co's CEO all drove to the congress meeting ..2 of them have yet to show up and the meeting is starting..NOT a good showing of responsibility..
Posted by Gary59 on :
There is a lot of neg news on the auto loan , but they keep stating that F will not need money unless the economy gets much worse , So F is the only one that I have been trading, I do not have any now just watching , but might grab a few if it dips big again..
Posted by Gary59 on :
back to green again, good lord where are we going here
Posted by Morpheus on :
as each minute ticks off this am..im really feeling im totally on the wrong side of the fence..blah
Posted by Gary59 on :
Hold on to your ass I am going out to have a smoke..back in 5
Posted by Morpheus on :
gary..yeah..same here..its a good play..also..I was all over M this morning..but with the premarket negitive buzz..i held off and now that is a big mistake too..not a good morning for morpheus so far
Posted by Morpheus on :
the entire housing sector is kicking A today..BZH CTX LEN to name a few..this is due to the mortgage spin on the news lately..were tied up in the car BS and other crap to really pay attention to other sectors..X is kicking A too
Posted by Morpheus on :
moving up to the front of my radar today..BZH KBH LEN JWN ANN TLB M SKS these are all big players today and the days to come..
Posted by Gary59 on :
TLB is kickin azz this morning
Posted by Morpheus on :
picked up another 50 shares of FAZ 51.50
Posted by Gary59 on :
OK throw your arms up and yell weeeeeee heading back in the red again,,
Posted by Morpheus on :
im really with the bears today..but its just not happening ..so far
Posted by Gary59 on :
Well you will be ok in about 15 minutes bernanke is going to be talking again on housing sec,, expect them to head down..
Posted by Gary59 on :
OK just got 150 sh TNA at 28.34
Posted by Morpheus on :
gary..if you got TNA..then that is definate conformation the market is headed lower..now alls we need is for soAngle to put in a buy on UYG and that would make me a rich man..he he Posted by Gary59 on :
Now I need to see the dow back in the green to get out of TNA around 30..
Posted by Gary59 on :
Thanks for the pat on the back Morpheus.. ANd DOW did take a red turn a few minutes after I bought..
Posted by Gary59 on :
I am interested in what F and GM will do now,, not going to touch it but want to watch..
Posted by Gary59 on :
Another good call Morpheus I am back down in TNA .. Bouncing a lot though..
Posted by Gary59 on :
ERY has moved more today than it has in a while.usually that one does not move that much but today up 4.88
Posted by Morpheus on :
i looking into buy shares of dunkin yo-yos..the way the market is going up and down..it must be some sort of sign from above
Posted by Gary59 on :
I wonder now if this day is going to at least bounce back to the green for a few minutes today before close
Posted by Gary59 on :
quote:Originally posted by Morpheus: i looking into buy shares of dunkin yo-yos..the way the market is going up and down..it must be some sort of sign from above
Either that or the pharm that sells sea sick pills
Posted by Gary59 on :
ERY up 7.59 today..Guess now thats where I should have gone.. SHoulda woulda coulda Posted by Gary59 on :
How low can we go....(limbo music) I might go join R1 for a margareta now
Posted by Morpheus on :
picked up another 50 shares of faz..im a total idiot today..paid 49.70
Posted by Gary59 on :
Only 1 hour and a half to see if we get into green again,,Almost got out but would have been a wash , still think we will get green high enough that I can make 50-100 today..
Posted by Gary59 on :
Well we hit green for a minute ,, TNA hit 28.71 ,, But I am thinking we are going to have a nic green run BEFORE EOD shakeout..My Opinion..And Hope
Posted by SoAngel on :
Sorry, no UYG for me today. I actually got all stupid and bought some FAZ earlier at 51.75.
Posted by Gary59 on :
Hey SOAngel good to see you here today, been kinda slow today and everyone has motion sickness from this ride today..I think that if TNA hits 27 again I am going to ave down a little ..Hope I didnt Jinx myself by saying that
Posted by SoAngel on :
Gary59 - Yeah, I just stopped in to see what is going on. I would've been out of FAZ earlier at 54.00, but I am out of of daytrades so I am sitting on it at least until tomorrow.
Posted by Gary59 on :
I know the fealing , I only have one left and it will be gone today so tommorow will be a weekend hold , or might just be in cash for monday..
Posted by R1 Man on :
quote:Originally posted by T e x:
quote:Originally posted by Gary59: R1,, on the wash sell , I thought that a wash sell was selling at the ssame price you bought , and losses are still combined as losses at tax time,,,(man I could barely type tax time), so you are saying that if I trade the same stock at a loss I have to wait 45 days to trade it again?What about re-gaining loss? Does that count against you if you cant take the loss in that 45 day period do you have to pay gains as well?Seems like a double edge sword on taxes to me...
here ya go:
quote:In general you have a wash sale if you sell stock at a loss, and buy substantially identical securities within 30 days before or after the sale.
Well off to work....good luck all. Still holding Posted by Morpheus on :
ok..who tied the ancor to TNA..??
Posted by Gary59 on :
I did ,,I ave down to 27.96 Posted by Gary59 on :
MONSTER SHAKEOUT, down 750 now,,,,,soab,,,,
Posted by SoAngel on :
Damn, I would LOVE to get out of my FAZ now... almost ready to get beat up for using 4 daytrades. What is the worst that can happen ? They lock my account ?
Posted by Gary59 on :
Well looks like I will have to hold this one overnight and hope for a rebound in the morning...
Posted by Gary59 on :
quote:Originally posted by SoAngel: Damn, I would LOVE to get out of my FAZ now... almost ready to get beat up for using 4 daytrades. What is the worst that can happen ? They lock my account ?
Not sure what they do but I think I heard that they give you a warning the first time then after that they will lock your account for 30 days,,I think, you would need to call them to be sure ,not sure what program you use..
Posted by Gary59 on :
4 Minutes left to see if I am going to have a margin call on this one or not,,,I do have some HIG that is up that would cover if I need to in the morning, And I just got a call that I need to be in Miami tommorrow afternoon to do another repo...That will cover my loss today so I can hold..unless we start back down tommorrow...THAT would suck even more..
Posted by Morpheus on :
grabbed 500 of DRYS .. 1 minute from the close..4.20..GM and F are still up in the air its looking like some form of weird BK formulated by the fed for them..the saga continues..
Posted by Gary59 on :
Ended up down 450 for the day...Might get it back tommorrow,,Also after hours is trading up a bit , Only other bad news is the numbers for unemployment ......
Posted by Morpheus on :
SoAngel..IMHO..FAZ is a good hold (ive got 500 shares, so it better be) cause tommorrow will be the worst jobs report in a very long time and the market should carry over from the downturn today..thats what i read into it..today was another last 50 minute drama..
Posted by Gary59 on :
Good luck all sounds like you all had better days than I did,,See you guys in the morning for a few hours before I leave..
Posted by SoAngel on :
Well, for everyone's sake ...
Tomorrow ...
I hope we open up in the red HUGE, then I can get out of FAZ (and maybe Morpheus too???) and then I hope we close bigtime green, so Gary59 recovers with TNA.
Posted by SoAngel on :
Well, I tried to sell my FAZ this morning, but Scottrade says that I cannot sell it pre-market.
Posted by SoAngel on :
I just tried again at 60.00. No luck. Kind of irritating because I see other trades happening on it right now. Posted by Gary59 on :
Well I just got on and checked my account ,,oouuucchhh,,,not sure what I will do either hold till monday on TNA ,, At least my HIG is up over 2 bucks so far pre market so I will get out of that today and cover margin,,CNBC has mixed feelings about open , DOW futures are down 189 point pre market and with a lot of selloffs yesterday people might be getting back in because of CNBC haad people saying it was bottomed out now,,I can still see the market going down further but with TNA 1 bull day would bring me back out of the red on it ,,The last ime I got hit by TNA IF I would have helld for a few days I would have made money not lost 800..Just my morning opinion , and that might change in 10 minutes at open..Good Luck to al today..
Posted by Gary59 on :
Dow futures back up a little down 124 now was 189 5 minutes ago..
Posted by Gary59 on :
Does anyone know where on scottrade I can get the up to date dow futures listing??I am getting it on CNBC and finviz but finviz is 20 minutes delayed.
Posted by Morpheus on :
morning compadres...what is that we can buy on a good bounce play..TNA? ERX? C? ..what is everybody watching??
Posted by SoAngel on :
Out of FAZ at 60.00.
Good luck!
Posted by Gary59 on :
Well I screwed up again,,,I had a GTC sell on HIG at 10 in at 7.50 so I took profit but looks like it will run big this morning
Posted by Gary59 on :
All I am watching this morning is my ass being handed To me Morning Morheus, I am just trying to get even on TNA or out not sure yet , but I also have to get out of here in a few hours so to work, I had HIG but looks like it is still running pretty good..BUt got out with profit thats all I care about now, Looking for a bounce on the market to see what TNA will do I has already had a 1 $ bounce this morning
Posted by Morpheus on :
nasdaq.com for futures
Posted by Gary59 on :
Thanks Morpheus , is that real time ? ERY up 4 bucks
Posted by Gary59 on :
Well I wonder if we are going to have a bounce up someime this morning before I have to leave..
Posted by Morpheus on :
im all out of FAZ for now ..sold half earlier at 59.80 and just sold the rest 59.80 also..still climbing ..crap
Posted by Gary59 on :
OK I have to get out of here, I have a GTC limit sell on TNA , Looks like I am going to hold it a few days down too far now to cut losses at this point , and I am sure It will be back up within the next week or so so I might just be watching for a while.. Good Luck Today Guys
Posted by Gary59 on :
Well I am back but does not look like anyone else is here since I posted this morning,,Repo got cancelled until next week ,and I got back and am surprised that the market is doing better than I thought it was going to , but I think most of the hit was from yesterday at close the market took the brunt of the unemployment info,so I am looking at an even day by EOD by the time people realize the markeet is better than they think and now is a goos time to get back in..JMHO And looks like I missed ou big o HIG this morning getting out at 10
Posted by Gary59 on :
And I cant believe that TNA is only .30 down from yesterdays close and the DOW is 112 in the red...,That one will pop if we get near green today..
Posted by Gary59 on :
CNCB keeps saying could this be bottom for the market , I hope a lot of people are watching and start putting money back in today to bring this market back up..
Posted by Gary59 on :
Well I tell you what , yesterday I was interested in the big 3 hearing but to have to see it for 3 friggin days is getting boring , And nothing is moving the F and GM stocks until its over so why do they have a constant play by play and live video of it all day long..Guess I am getting bored today since not making money , no trades left (clear funds) and regular shows not on CNBC now..
Posted by Morpheus on :
Gary..could it be the what CNBC is preaching is just a ploy to pursuade the masses to put there money into the market in a big way an then take the market down big time next week effectively cleaning out everybody bank accounts..that way when the depression really kicks in..the people will not be as cash wealthy as they once were..its a government/fed plot in some twisted fasion
Posted by Gary59 on :
Could be Morpheus, I am not long on anything , Actually I am only down 600 now on TNA , and feel pretty good that we are going to get back to green in the next few trading days ,not today unless another EOD rally hits us by surprise again,,CNBC has been preaching all week about this is bottom , but I think we have farther down to go before bottom , And am not long on anything until I see what is a rise from bottom,,I am just kind of settin on the sidelines until next week to clear funds now..
Posted by Gary59 on :
DOW chart keeps wanting to inch back up today, slow but sure,might close close to open today,,not sure about green, doubt it, but close would be fine with me..
Posted by Morpheus on :
oj is getting the just deserves...that should make the market rise in jubilation
Posted by Morpheus on :
i have a few longs...DRYS i just popped int another 300 sharew and WLT another 100 shares this morning..
Posted by Gary59 on :
I didnt see , what did he get . hopfully enough time to let him stay there for life,He gets off killing those people then gets time for stealing sports memorabilia.. thats Irony
Posted by Gary59 on :
Hey Morpheus did you have any HIG? It has hit 14 now..
Posted by Gary59 on :
Look at this ,DOW heading into the green who would have believed that one...And TNA has a HOD of 27.16 , my break even is 27.96..Might have a little surprise today EOD..
Posted by R1 Man on :
HIG....WOW....up 90% and I think it might come back down but it has potential to hit $20s pretty easy.
Posted by Gary59 on :
HIG always was a big bouncer , played it a lot last month, Not sure if you read earlier I got out at 10 But got in at 7.50 so I am happy..Would have been happier holding, but this morning I thought I haad to work and also TNA was so far down I needed to protect a Margin call so I got out safe but too early..
Posted by Morpheus on :
no HIG in my portfolio..i do have it in my cnbc game. but no help there either..
Posted by Gary59 on :
I quit fooling with the portfolio challenge , I dont like the way that it wont put in a trade until the end of the day , so you cant really trade that fast so I quit messing with it , I am up 350k but haven touched the account in 2 weeks..
Posted by Gary59 on :
Now Chrysler has hired bankrupcy law firm and can file in minutes , I think that they are using that to influence the feds to give them the money..just a ploy to get the money..
Posted by Morpheus on :
in the game i have 2 portflios in the top 50
Posted by Gary59 on :
Good luck Morpheus, would like to see you win some money out of that one,,
Posted by Morpheus on :
in that game ...every week is a new week to win..i have 3 accounts and 5 portfolios each ..all with different stratgies..i just adjusted them all for the open on monday..some long and some short..that way i get off to a good start with something going my way
Posted by Morpheus on :
hey R1..how it you job looking at the plant? all this talk of BK must have you a little shakey..you can always move here to california and i can get ahold a forged green card for you and you can live like a king..all expenses paid compliments of the US government..bienvienidos!! Viva la US immigration! Posted by Morpheus on :
Gary..my 2 portfloios are overall in the top 50 with a close margin so there is a chance.. and i have one weekly at 55%..the leader is 70% so no money for morpheus this week
Posted by Morpheus on :
WTF...its friday noon maddness...
Posted by Gary59 on :
Well I went to the store and came back to 175 in the green today..Weeee .. Also back in the green with TNA
Posted by Morpheus on :
SoAngles prediction came true..right on..we made mola this am and yo make it back this pm..I love cyber vegas..i just put in a limit order 100 FAZ * 47.60 for a quick pop (fniger crossed i dont give back my mola)
Posted by Morpheus on :
i bumbed i down to 47.45 and it picked up so im in FAZ
Posted by Gary59 on :
HIG over 100% today..
Posted by Gary59 on :
I am going to get out of TNA with small profit , remember its friday so will be a big selloff at close like a regular friday
Posted by Morpheus on :
big selloff is good by me..FAZ loves a selloff..
Posted by Gary59 on :
Missed profit but it might come back up
Posted by Gary59 on :
HIG kicked azz today
Posted by Gary59 on :
What everyones opinion on Monday ? Up or Down
Posted by Gary59 on :
OK got out of TNA with 100 bucks profit ,man thats a load off considring I was down a grand at open this morning,,whew,,,,
Posted by Gary59 on :
I am not sure this rally is going to dip this afternoon,,keeps on going...onlly 20 minutes left and I am in all cash for monday..
Posted by SoAngel on :
Wow, my prediction DID come true!
I am thinking of getting in FAZ again now at 44.XX.
Posted by SoAngel on :
Or less than 44.XX Posted by Gary59 on :
SoAngel you need to keep using that cystal ball of yours or let me use it for a while I am just happy to be ot of margin call range....what a load off..
Posted by Gary59 on :
So you are thinking of a red open on Monday?Since you are getting FAZ?
Posted by Morpheus on :
just pop into another 100 FAZ 44.90
Posted by SoAngel on :
I didn't get it yet ...
I promised myself that I wouldn't hold over the weekend.... And I am REALLY trying to keep myself to that promise.
4 minutes to change my mind Posted by Morpheus on :
all the bad news and the market just goes up..that has got to stop ..monday
Posted by Gary59 on :
Looks like It could get into the 43 s before close
Posted by Gary59 on :
People might be thinking bottom like we where talking earlier,,I dont think we are at bottom yet the market is just been too unstable
Posted by SoAngel on :
In FAZ at the close - 44.25.
Posted by Gary59 on :
DING DING DING UP 287 today , I would not have bet on that one for anything..
Posted by Gary59 on :
Have a Good Weekend Guys , Back here on Monday...
Posted by Gary59 on :
F and Gm are up big is premarket..
Posted by SoAngel on :
Yeah, the ol' market it looking to open way green this morning. Not so good for FAZ, of course.
Posted by R1 Man on :
F....Sold it pre-market at $3.20. Looking to buy on a dip.
Posted by R1 Man on :
quote:Originally posted by Morpheus: hey R1..how it you job looking at the plant? all this talk of BK must have you a little shakey..you can always move here to california and i can get ahold a forged green card for you and you can live like a king..all expenses paid compliments of the US government..bienvienidos!! Viva la US immigration!
That would be nice but I was born in Ohio....so doesn't work. Anyways....HIG....UP more premarket. $17.10....up 17.2%
Posted by R1 Man on :
Buying 1,100 at $3.00....may up it in a few though....but thinking it will drop back down at bell. Hmmmm....
BAC is still tempting to me.
Posted by R1 Man on :
Back in at $3.10 with 1200 shares....selling again at $3.20
Posted by Morpheus on :
R1..I put a sell order on all my F at 3.20 too..its just hanging there for now..
Posted by Morpheus on :
there actually alot of up/down action going on this am..just need to catch it..im liking the play in SRS and FAZ
Posted by Morpheus on :
i just bailed on F 1000 at 3.19...the suspense is killing me
Posted by Morpheus on :
if it breakd the 3.19 bid level which its been hitting for 15 minutes now..it should shoot up much higher..another .15 of so easy..
Posted by Morpheus on :
took profit on DRYS at 7.45...will buy back lower if it dipps..
Posted by R1 Man on :
quote:Originally posted by Morpheus: i just bailed on F 1000 at 3.19...the suspense is killing me
Congrats, Time to get back in something....hmmmm....??? I made $520 today. I want to grab BAC, F, UAUA, VC, VG, CAT, HIG.
HIG is $15.12 now...see its rating is AVOID now but think it will hit $16.50 again today...hmmmm???
Posted by R1 Man on :
Put an order in for 200 HIG at $15.30....off to get ready for work. Might change and buy something else when I come back in 15 minutes.
Posted by R1 Man on :
Grabbed 250 shares of HIG at $15.21. Off to work. Good Luck all!!
Posted by SoAngel on :
Thinking about picking up more FAZ...going to put an order in around 32.XX (in case there is a big EOD rally).
Posted by SoAngel on :
Picked up some FAZ at 35.85 to bring my average down to 40.XX.
Posted by Morpheus on :
geese...i did a ton of selling a buying and ended up doen 150 bucks..too much work to end up loosing money..
Posted by Gary59 on :
Evening guys, Haad a repo today so looks like I missed a great day,, didnt look like a lot of up and down on the charts though stayed above open all day..What or when do you guys think it will head down again , I think we a re going to have another few bad days ahead this weekk cant keep running without some re-tracing and profit taking , I was in all cash since friday, was planing on my same reg ones today but not here to trade had to pull a boat around for the whole day , will be here in the morning though, thinking about ERY at a low it dropped 7 bucks today , so a down day would make it run,, Last week I didnt like ERY it didnt seem to run like TNA percent wise but has seemed to be picking up steam now that there is a lot of news out on ETF trading now... Back in the morning
Posted by Gary59 on :
Morning guys, just doing morning DD , ING is up .28 pre market ,didnt find any news to make it run so keep it on radar.. LVS is up .25 but only 400 in volume.. SOL is up .21 JASO down .07 Anyone see anything interesting post it out this morning.. Good luck today..
Posted by Gary59 on :
I am getting the feeling that it looks like it might be a head fake (as Morpheus calls it) this morning, some of the same stocks heading up pre market on low volume with no news to push it, So might open green then head down, in my opionion, so if you look at my past picks , do the oposite of what I say and you will be fine..Dow futures down 35 points now at 7:30...
Posted by delgotit99 on :
Nibbled on a little SKF premarket 102.50 Still in GM from friday at 4.08 I hate FAZ .... at least the long side of it. Seems like a great one to short (not now) because when the market tanks it doesn't go up that much as of late. But when the market rallies it tanks pretty quick. Reminds me of another pet peeve FXP.
Posted by Gary59 on :
Good picks delgoti SKF is 106 now..I dont like GM because of their financial status, have flipped F though.
Posted by delgotit99 on :
Gary: bot 200 shares of GM on friday just to test my new scottrade account. Sold half for $75 profit and letting the other half ride with stop at BE point.
Posted by Gary59 on :
Getting ready for open lets see how far down we go..
Posted by Gary59 on :
Ouuch 135 in the red in 2 minutes
Posted by Morpheus on :
im trading DRYS..i hold 600 shares now looking to bail soon and then buy on the pull back ..also CHK is a runner
Posted by Gary59 on :
I am stil sitting and waiting to see whats happening on all of thes looking for a bottom to get into..I am still in all cash as of friday
Posted by Morpheus on :
im out of DRYS * 9.10 for now..
Posted by Gary59 on :
good flip Morpheus ,
Posted by Morpheus on :
EGLE and SBLK...these R real good now
Posted by Morpheus on :
i absolutly DO NOT f ing believe the move in DRYS..crap..make mola but its still running..double crap...
Posted by Gary59 on :
EGLE just broke 6 wonder how high it can run after 38%
Posted by Morpheus on :
just sold my 500 of C * 8.95 looking for a dip
Posted by Morpheus on :
Gary..ya know...the other day we were saying the same thing about HIG and it ran over 100%..hmmm
Posted by Gary59 on :
Thats true, this has been crazy the last few months,,,, Now TNA up over 2 bucks and ERY down 3 ,, and we are in the red with the dow, I know they are based on the russell 2000 index but this is getting to the point of me not getting into anything because you dont know where to turn,, And EGLE up 45 % now DRYS keeps trying to break 10 just wont stay there.
Posted by Morpheus on :
i just dont know what give me a bigger head ache..when i enter a position and loose money..or when i sell WINNERS way too early, or when ya know you have a good runner and you wait for a pull back and it just does not happen....BLAAAAH
Posted by delgotit99 on :
Stopped out of SKF -$10. May jump back in when the market decides and which way it is going.
Posted by Morpheus on :
actually..i just pulled the trigger on 100 shares of FAZ * 36.30
Posted by Gary59 on :
big profit taking on DRYS happenin now, if you are looking for a dip
Posted by SoAngel on :
I am still sitting on my FAZ.
Posted by Morpheus on :
oh yeah..im looking to get back in below 9..
Posted by Gary59 on :
Lookiing at the chart I am going to get in within the next 30 minutes , not sure if the sma lines will cross or just bounce off each other, but trading at bottom of the macd lines now
Posted by Morpheus on :
just pulled the trigger on 1000 shares of EGLE * 5.60
Posted by Morpheus on :
that looked like a good pull back to me !!
Posted by Gary59 on :
I should have hit it at 9.45 when I was looking at the chart
Posted by Gary59 on :
Although lines did just cross to the down side might have another pullback soon...JMHO
Posted by Morpheus on :
Gary..i know the feeling..some days you just get a REAL bad case of ..shoulda..woulda..coulda..im really trying to not let today be one of those days..
Posted by Gary59 on :
Looks like you hit EGLE perfect at the bottom of that pullback..
Posted by Morpheus on :
the whole sector is going NUTS today..not to confuse you guys but here goes..GNK EGLE DSX EXM DRYS PRGN SBLK OCNF..just take your pick and GO for IT..
Posted by Gary59 on :
quote:Originally posted by Morpheus: Gary..i know the feeling..some days you just get a REAL bad case of ..shoulda..woulda..coulda..im really trying to not let today be one of those days..
I have a moster bad cas of that today I havent bought anything at alll today..Just cant seem to get into the swing of things , might be a good thing if I dont get into anything today the way my picks have been going..
Posted by Morpheus on :
Gary..this is what you do...the last 1.5 hour today will be another crazy one..soo here is my advice..put on your sweats..grap your bike (or jogging shoes or what ever) and go out for a good 1 to 2 mile jaunt..it will refresh you..clear your head so to speak..i live here in the santa monica mountains in a very secluded area with all the wild animals and im really into off road biking on the trails..that works for me..try it..go ahead..youll see..the last hour will be there waiting for you when you get back
Posted by Gary59 on :
OK in 200 sh of DSX at 10.50
Posted by delgotit99 on :
That was a fast run
Posted by Gary59 on :
Actually I have a dr app at 3:15 so I we miss the EOD crap that will be hitting I haave a limit sell on DSX at 11.25 will see if it hits before then if not I will be out before I hit the dr office , I dont hold in this market unless I feel good about holding overnight..
Posted by Gary59 on :
Looks like I coulda held off a few minutes to get dsx , but lines are crossing again should head back up soon,I hope
Posted by Gary59 on :
quote:Originally posted by Morpheus: Gary..this is what you do...the last 1.5 hour today will be another crazy one..soo here is my advice..put on your sweats..grap your bike (or jogging shoes or what ever) and go out for a good 1 to 2 mile jaunt..it will refresh you..clear your head so to speak..i live here in the santa monica mountains in a very secluded area with all the wild animals and im really into off road biking on the trails..that works for me..try it..go ahead..youll see..the last hour will be there waiting for you when you get back
Are you kidding me, if I took off for a 2 mile jog i wouldnt get back til 7 PM.. Posted by Morpheus on :
well then ...take a walk around the block and kick a few rocks along the way..back to topic..who put the brakes n the market..the last 30 minutes are like really slow motion
Posted by Gary59 on :
I think everyone is waiting to see what is going to happen EOD..or at lunch taking a break..But it really slowed down the past 45 minutes
Posted by Gary59 on :
Something just kicked em in the butt starting to trade again..
Posted by Morpheus on :
im really on the fence..ive got 2 conflicting positions long and short...EGLE and FAZ...what to do what to do..this is where you roll the dice and make a choice..
Posted by Morpheus on :
ok for now i choose sell EGLE..make a little mola.. and let the FAZ ride ..im out of EGLE 5.77 ..
Posted by R1 Man on :
quote:Originally posted by Morpheus: just pulled the trigger on 1000 shares of EGLE * 5.60
Looks like a keeper stock. Think it will go back to $10 range.
Missed my sell on HIG. Had it set for $16.50...hit but no sell. Hmmmm....And yeah....I was going to grab SKF at $102 and drop at $108....missed it all I guess.
Posted by R1 Man on :
My next flight is UAUA $11 or less....Going to get ready for work then make my decision.
Posted by Morpheus on :
right about this time of the day is when things start to get a moving..im picking down..IMHO
Posted by delgotit99 on :
Short PSMT at 18.95. Taking a risk here, it is up 80% in last 8 days. Stop at 19.95
Posted by Gary59 on :
OK guys gotta get outta here and go see the dr., put a trailing stop in on DSX in case it runs while I am out and cant catch the EOD drop. Have a good day of trading..
Posted by Morpheus on :
DRYS has pulled back below 9...interesting, No???
Posted by Morpheus on :
the TV puppets are really trying their best to drive the market down...FED EX ..UPS...blah blah blah..it seems to be working
Posted by SoAngel on :
Getting tempted to dump FAZ at 40.00 and basically break even (down a few bucks + trade fee).
Posted by SoAngel on :
Out of FAZ at 39.20 for a small loss. I just don't trust it right now.
Posted by Morpheus on :
im seeng a carry over down day tommorrow..just picked up SRS 100 * 87.80
Posted by Morpheus on :
still holding FAZ..averaged in at about 38.50..
Posted by Morpheus on :
last minute panic is kicking in...my prediction ???
Posted by Morpheus on :
PAIN!!!
Posted by Morpheus on :
im short going into tommorrow..and for the day..up my net worth over 1.2K.. did not seem that exciting..sold DRYS way too early and bought SRS way too late..live and learn and trim those mistakes..I love love love cyber vegas
Posted by SoAngel on :
I picked up some UPS for 54.20 or something like that to hold onto for a bit. Not looking to sell quickly unless something exciting happens (56.XX ++++).
Posted by SoAngel on :
Is the auto bailout going to make F pop more or did the pop already happen because of the anticipation ?
Posted by Gary59 on :
Morning All, DOW futures up 102 this morning,pre=market
Posted by Gary59 on :
Morpheus did you hold DRYS ? up $1.50 pre market , My stop limit hit on DSX when I was at the dr yesterday . looks like I should have held its up 1.20 this morning.Shoulda woulda coulda. only out 50 bucks on that one..Might make it back today though.Futures are up and down , looks like it will be a green open today..Might try and get some F on a dip awaiting news..
Posted by Morpheus on :
hey guys..waaas up? Gary, my only holdings are FAZ SRS MSFT JASO and 300 shares of DRYS ..so i seem to be hedged long and short..not good for adding to the funds..my overall bias is short and im really suprised to see the futures up this am..with ALL the bad news outweighing good news..go figure?
Posted by Morpheus on :
oh yeah..i hold 1000 shares of F..the talk on the tube sounds like its gonna be a while before any money gets passed by congress..but then i hear other news where they make it sound like a decision will be today..???..so i think F and GM will just play around in this area for now..what do you make of the situation?
Posted by Gary59 on :
Might be another fake day though , they have been doing that a lot lately,,get money in sellout and drop the market..I would like to see another up and down day today those roller coaster rides are fun to play,,So I am still setting in cash right now waiting to get in something , And I am also thinking it might be close to getting into some shares to hold long on UTX GE and MSFT but dont have enough cash to hold a lot of each..
Posted by Morpheus on :
SoAngel...F and GM are going higher..the question is..will they dip before the jump?..i think they will and I thought it would be today..(with my short bias)..but WTF do I know?
Posted by Gary59 on :
I think F will be the only one I will try , with all of the hype that is going on iit might be a good one to flip today..I am going to see if their is a morning dip to get in though..
Posted by Gary59 on :
News out again between MSFT and YHOO , Might just get MSFT this morning pre market or open , or YHOO deal is saying will double YHOO shrs price....Just re-checked YHOO up .60 this morning.
Posted by SoAngel on :
Morpheus, I picked up some F yesterday at 3.23 for long term. I am not planning on reselling it, period, unless it goes 5.XX in a hurry.
Posted by Gary59 on :
I Put an ord in for 100 sh MSFT at 20.50 and 100 sh YHOO at 12.50 see if those hit this morning
Posted by Gary59 on :
YHOO ord hit already..F is hammering out 12 mill shares so far in trading 8 minutes of trading..
Posted by Morpheus on :
hit my limit sell on DRYS * 11.60...
Posted by Gary59 on :
Good out Morpheus
Posted by Gary59 on :
MSFT ord hit..
Posted by Morpheus on :
popped back in to DRYS another 500 at 11
Posted by Gary59 on :
HIG is running again this morning.. Also hoping YHOO stays above the 13 mark today
Posted by Morpheus on :
i still say we close in the red today..anybody agree?
Posted by Gary59 on :
Thats been the norm close when it runs up all day without dipping in the red, but My picks have sucked this week.., Thats why I just picked MSFT and YHOO so I am not worried about them dropping 2 or 3 hundered bucks before you know it, kinda playing safe , also dont want to use my daytrades up , used 1 yesterday so only 2 left.. Hey Morpheus do you have daytrade account? And does having daytrade account tax you differently than a regular account type?
Posted by Gary59 on :
ERY is down 6.75 today might be a good pick if you think tommorrow will be red ..
Posted by Morpheus on :
all my trades are in IRA... so tax free
Posted by Gary59 on :
Ahhh ,, I didnt know you could use IRA fund for trades..Interesting...I might check in on that I have a small 401K could I use that in the same way?I will have to look into that and see if I can open a seperate account..Thanks
Posted by Morpheus on :
oh yeah i have multiple accounts...norman..ira..margin..kids IRA
Posted by Morpheus on :
norman=normal
Posted by Gary59 on :
Now news out that auto loan ight be stalled,, F and GM starting back down..I dont have either but might get a few Fs at a low..
Posted by Morpheus on :
im on the wrong side of the trade in DRYS..its down now and just when you think its going recover..it stair steps down lower..i do not like the pattern..blah..
Posted by Morpheus on :
the F and GM play are really a HUGH game right now..what a bunch of BS going on there i might say..
Posted by Morpheus on :
Hey Gary..what do your cross over lines look like on DRYS about now??
Posted by Gary59 on :
DRYS sma bands look like they are crossing and heading down , might get back to 10 or lower IMHO..
Posted by Gary59 on :
Let me add to that last post , the 3 day charts show crossing down but the single day chart looks like it might not cross just bounce off..but since the market is coming off the highs I expect it to go down a bit lower..
Posted by Gary59 on :
Ouch , DOW in the red now
Posted by Gary59 on :
And now heading up back in the green, wonder if that 10.35 was the dip for DRYS ? Added, Dow back in the red again,, get ready not sure where the DOW is heading EOD
Posted by R1 Man on :
quote:Originally posted by Morpheus: the F and GM play are really a HUGH game right now..what a bunch of BS going on there i might say..
I'm on the sidelines.
Stocks to watch:
CAR...$0.74....risky but huge potential to run to $5+
AUY...$5.48....potential to run back to $10+
Posted by Morpheus on :
just took profit on FAZ 43.25..im long for now
Posted by Gary59 on :
Thanks R1 will put them on the list
Posted by Gary59 on :
Looking at the info on AUY R1 I like the loooks of that one long term, I Might put a buy in for a few hundred shares around 5.10 range, thanks for the tip
Posted by Morpheus on :
the volume on DRYS is very high today..over 50 million so far
Posted by Morpheus on :
SBLK just took a big pop upward about 10%
Posted by Gary59 on :
I just checked the charts again Morpheus and looks like the 10-20 was the bottom of that dip sma looks like it is going to cross back up again
Posted by Morpheus on :
im FCX and PLD due to the Obama plan
Posted by Gary59 on :
I just picked up 100 sh of DRYS at 10.65 , would like to see it run back to 12
Posted by Morpheus on :
im liking..(i got too many thing im watch right now so excuse the typos)
Posted by Gary59 on :
OK have a limit sell in on DRYS for 12
Posted by Gary59 on :
Not sure where YHOO is going but in at 12.50 might get out in the morning so I dont wast a daytrade..13.32 HOD so far
Posted by Morpheus on :
heres my take on the big shipping sector...with the obama rebuild plan..and fuel comming down..all that raw material will increase traffic for all truckers and shippers. these are very good long term plays right now..besides the interday play they provide..so i like DSX DRYS WLT YRCW SBLK PLD and energy plays CHK JRCC and BTU
Posted by SoAngel on :
I picked up some NM at 2.87.
Looks like the market fooled me again though, as I thought today was going to go positive with the way it looked over the last half hour.
Posted by Morpheus on :
these are to be bought for long term after big DOWN days in the dow
Posted by Gary59 on :
Looking at the 10 day charts on DRYS it has jumped first hour of trading slowley heads back to preveous open then back up firts hour to highs then slow back down for the last 3 days ,, I am going to hold DRYS until morning run to sell..JMHO
Posted by Gary59 on :
Volume picking up in the green might even get higher EOD,,But that can change in 2 minutes
Posted by Morpheus on :
NM bounced off a buck and looks great for upside 3 months ago was at 10..timing is critical
Posted by Gary59 on :
Anybody notice ANL today, not a lot of volume on it but 216% gain today..
Posted by Morpheus on :
ANL ..WOW...i didnt put any mola on that horse..
Posted by Gary59 on :
Profit taking coming in on DRYS aLOT of shares buys and sell running through..Definatly holding until tommorrow..
Posted by Morpheus on :
this is a reall doozie of a close..up 80 then it drops 60 points then back up again..im getting sea sick again
Posted by Gary59 on :
quote:Originally posted by Morpheus: ANL ..WOW...i didnt put any mola on that horse..
I didnt even notice that one , there had been no volume and has been flat for a while then POW it took off today news out this morning just didnt see it before it had jumped..
Posted by Gary59 on :
DRYS is going to raise some eybrows tommorrow volume is up 5 times normal today..with a high of 12.10
Posted by Morpheus on :
i bailed on DRYS 10.73 hoping to pick it up lower in the days to come.. and bought into SRS at the close 100 * 76
Posted by Gary59 on :
OK Guys , DiNG DING DING,, see you guys in the morning, going to take the wife out to diner..Have a good night all...
Posted by SoAngel on :
Out of NM * 3.10 aftermarket.
Posted by R1 Man on :
quote:Originally posted by Morpheus: im FCX and PLD due to the Obama plan
GREAT PICKS!!! They both can be 2-4 baggers.
Posted by R1 Man on :
quote:Originally posted by Morpheus: i bailed on DRYS 10.73 hoping to pick it up lower in the days to come.. and bought into SRS at the close 100 * 76
Morpheus....I think you should of held DRYS...potential $15 or more by mid next week.
Posted by Gary59 on :
Morning all, dow futures bouncing red green even this morning at 8:00 not sure where we open this morning til later, DRYS traded 110 sh * 10.90 pre market MSFT 20.40 and YHOO 200 sh 13.79 so far , looks like mixed fellings on F this morning 18k sh traded around 3.22 to 3.30 so far .. Good Luck this morning
Posted by Gary59 on :
Here is a link to charts for DRYS , this is looking real good for a bottom bounce, volume and interest is way up this week ,no telling where it can go also has a target price of 52.86:: http://finviz.com/quote.ashx?t=drys Might be good to hold or flip in the coming few weeks, I will probably be flipping most of the time , would like to be able to hold a few for future portfolio..
Posted by Gary59 on :
Since my last post pre market opened on DRYS and trading DOWN 10.10 low this morning not sure what is going on but 50k shares traded in 8 minutes after open of pre-market trading ,, Looks like Morpheus did the right thing getting out at 10.73 now can get in at a lot lower if you want..
Posted by Gary59 on :
Jobless numbers came out this morning driving everything down , will open in the red this morning.. DRYS down to 9.85 this morning
Posted by SoAngel on :
DRYS- I knew I should've jumped on that 9.60 pre-market dip! Oh well...
Posted by Gary59 on :
Morning SoAngel, looks like it was pre market profit taking on fear of bad news it might drop a little more again , still 30 minutes before open..
Posted by SoAngel on :
Yeah, I am not going to be around much at all today. Looks like another bad news day, so maybe I will be getting into something this afternoon.
Should've held my BGZ that I got yesterday. Bought it at near the high of the day and sold for a small loss almost right afterwards, which was a smart move at the time....
Posted by Gary59 on :
I might have to ave down if it gets back to 9.50-9.60 range
Posted by Gary59 on :
Gonna be a rough ride today I think. Already going to lose at open, not sure what to hedge today with yet..
Posted by R1 Man on :
Sold HIG at $15.99
Posted by R1 Man on :
quote:Originally posted by R1 Man:
quote:Originally posted by Morpheus: the F and GM play are really a HUGH game right now..what a bunch of BS going on there i might say..
I'm on the sidelines.
Stocks to watch:
AUY...$5.48....potential to run back to $10+
AUY has took off fast!! $6.20....up 13%
Posted by Gary59 on :
Are we heading back into the green like we did last week after bad unemploynebt numbers out??Looks the same to me , If I remember we started down 150 ended up 250 in the green on that day ,,,HHMMMMM wonder if we can do that again today..
Posted by Gary59 on :
Good call on AUY R1 , didnt get any yesterday.... ANd DRYS back to 10.60 range , tried the dip at 9.50 didnt get hit for .01 ..
Posted by Morpheus on :
waaas up dudes?..blah...i had a limit buy on DRYS at 9.40..didnt hit..oh well..next time...tons of action as usual this am..what to do?
Posted by R1 Man on :
Yeah...me either....but DRYS....I knew it was going back up for sure. Think it will go to $11 range....maybe $11.50 by Friday?
So what to buy??? Hmmmm....thinking AUY, BAC, UAUA, DIG, DRYS....still looking....maybe go to bed and buy before I go to work.
Posted by R1 Man on :
BIDU....Damn....I saw this one at 5am and knew it was a winner....still debating on grabbing some even at $116-117 range.....hmmmmm???
Posted by Gary59 on :
I am waiting for dips in TNA AUY and might ave down on DRYS if it gets back to 9.50..TNA has had a 1.50 swing so far from bottom
Posted by Morpheus on :
just gambled on JRCC..400 at 14.31
Posted by Gary59 on :
Another good pick Morpheus up to 15.00 now..
Posted by Morpheus on :
hit my limit sell at 15..im out of JRCC for a nice 280 smackers..
Posted by Gary59 on :
Lot of news out on LLY last few days.. Good flip Morpheus
Posted by Morpheus on :
muchos gracias...and lets make some MOLA today...yeeee haaaaaa!!!
Posted by Gary59 on :
DOW playin with the green again..
Posted by Morpheus on :
i hope you're applauding...cause I cant hear ya
Posted by Gary59 on :
VVus just on CNBC and has news new drug passed phase 3 trial testing for fda approval but still down .31 ,, wonder whats up with that one gonna DD it real quick..
Posted by Gary59 on :
OK quick DD on VVUS looked good on paper grabbed 200 sh *6.40
Posted by Gary59 on :
That was friggin stupid , I should have waited for the DOW to get back in the red before pulling the trigger on that one,,DUH got a little wound up too early. But has had a HOD over 7 so I have my sell set for 7 < Guess I am getting tierd of missing a run so now I get in early ...
Posted by R1 Man on :
quote:Originally posted by Gary59: That was friggin stupid , I should have waited for the DOW to get back in the red before pulling the trigger on that one,,DUH got a little wound up too early. But has had a HOD over 7 so I have my sell set for 7 < Guess I am getting tierd of missing a run so now I get in early ...
Look....market will likely go down so what am I going to do...go back to bed....then when I wake up at 1 it will be very cheap.
So go grab some lunch or something....
Posted by Morpheus on :
gary..stay away from the TV puppets recos..VERY rarely do they play out..good plays today are SRS FAZ TNA (on a bounce) DXO ACI and what im watchin cause there movers today..WLT and NOV
Posted by Morpheus on :
REXX and X and SKF also want to come out and play with us today..so stick with what you know..
Posted by Morpheus on :
today...the overall bias is DOWN..so the inverse ETF are really good to play on the dips..SRS TZA ERX FAZ
Posted by Morpheus on :
Gary..im not trading this ..i own 2000 shares of it..but PGPDQ is moving up pretty nice today..they are in BK but they have been moving up the last few days..so maybe they will come out of BK soon..??? con you find any other news on it then i see?
Posted by Morpheus on :
just bailed on my 100 shares of SRS at 83.10 will play this all day today.. :0
Posted by Morpheus on :
ahh crap ...SRS was baseing along for about 10 minutes and it looked like a pull back...now its runnin higher..now 84.65
Posted by Gary59 on :
OK I am back had to run off to the store , thanks for all the info guys
Posted by Gary59 on :
Been looking for info on Pilgrim Pride,, last news on 12/3 says they will be getting loan money at 2.5% on dec 17th ,,, Like you where saying they might get themselves out of ch 11 and then it would take off big time , they where trading at 5 to 6 dollar range just a few months back ,, , This could be a good lotto play ..
Posted by Gary59 on :
Hey Morpheus you have scottrade are your charts screwed up? Mine are not giving me readings on todays charts now,,,arrr,,,makes it tough to keep up with stuff.
Posted by Gary59 on :
OK Out of VVUS not enough movement and volume got boring to look at, out with 50 buck ,,wee hoo..Its a gain..Oh and Charts are starting to work again ..
Posted by Morpheus on :
alert..just added these to my hot list for anybody that really give a turd..FEED and BUCY
Posted by Morpheus on :
gary...im running 4 screens of 5 charts each today and all a chugin fine
Posted by Morpheus on :
im looking at TNA for a bounce..when the dow is done droppin
Posted by Gary59 on :
I am hopeing TNA gets back to open and I will hop in , just dont have a lo of free cash so only able to get 50 sh at this price. but I am thinking another green run EOD
Posted by Morpheus on :
playing the SRS URE, TNA TZA, and FAZ FAS today..all good
Posted by Gary59 on :
getting closer for TNA
Posted by Morpheus on :
gary...is it done yet??
Posted by Morpheus on :
actually im lookig to play URE ..bigger percentage move..
Posted by Gary59 on :
well I am I grabbed DRYS to ave down to 10.00 per sh ave. was looking for TNA 30.00 but now outta cash now
Posted by Morpheus on :
i believe ..one morr leg down from for URE should be a good play..??
Posted by Morpheus on :
picked up 500 share of URE 5.61 will buy more if it dips
Posted by Morpheus on :
popped into DRYS at this level...400 at 9.18
Posted by Gary59 on :
Well where do you think we are going EOD Morpheus? I am thinking EOD in the green like last week with job loss reports..
Posted by Gary59 on :
Ouuch DRYS still heading down , profit taking from the last few days rolling in now , hope people get back in EOD
Posted by Morpheus on :
its not looking that way from my view..will play around from here down 100 to down 200..and end up down 100+ or so..that is my gut feeling..
Posted by Gary59 on :
Bottom just feel out of that bottom looks like..
Posted by Morpheus on :
i quickly bailed on URE for now..small loss will play later today
Posted by Gary59 on :
TNA under 30
Posted by Morpheus on :
its profit taking kicking in ..Gary how do yo see the volume?
Posted by Morpheus on :
im looking to buy URE in the 5.35 range
Posted by Morpheus on :
once again...bad timeing on the DRYS entry..thought that little 10 minute base was a intermediate bottom..blah..
Posted by Morpheus on :
boy that happened fast..down no down 150 and droppin..
Posted by Gary59 on :
quote:Originally posted by Morpheus: its profit taking kicking in ..Gary how do yo see the volume?
Which one Morpheus?DRYS volume doubled in the last hour when that selloff started.. TNA I didnt noticce what volume was before the market headed down..All I know is my T&S screens are running hard now..on both
Posted by Gary59 on :
Now 160
Posted by Morpheus on :
anybody trying to catch a falling knife??
Posted by Gary59 on :
Well we have one hour left to turn this crap around.. What are the odds on it getting back to green today now....Ouch
Posted by Morpheus on :
i did...just popped into URE again..5.20
Posted by Gary59 on :
Well at least I am in a good shape with DRYS 10.00 ave I think that will be back in the next few days .. DOW -190 now GAWD kinda hard to watch..
Posted by Morpheus on :
volume on the DOW overall..its pretty high, right?
Posted by Gary59 on :
OUCH ,, good thing I didnt get into TNA at 30 like I was planning , under 28 now, I ought to sell YHOO (still in profit) and get some TNA for friday
Posted by Gary59 on :
Sorry didnt get back to you , CNBC says volume has been high an hour ago I havent checked yet just sold YHOO gonna get TNA at low maybey
Posted by Gary59 on :
Didnt get into TNA tried before close at 27.00 didnt make it I tried to sell YHOO and get into TNA when it was near 26 just didnt get it done fast enough,, going to have to wait for morning to see where TNA is ,, Hope it has another little dip in the morning to get in... OK today was kinda fun ,,,NOT,,,, See you guys in the morning
Posted by Morpheus on :
yeah me too...crazy ending...managed to pull about a 400 buck profit for the day..blah..but ill take it..still long DRYS..at the end i hedged URE and SRS..buying and selling a number of times..ended up long URE 500 shares..all this BS i should have just hung onto SRS all day and gone golfing..
Posted by Gary59 on :
I know the feaaling but I am down 400 for the day but should pick it up the next few days .. holding DRYS and MSFT
Posted by Morpheus on :
laters G man
Posted by SoAngel on :
Thinking of getting some NM again at 2.42 in aftermarket trading. Missed a whole day of trading today...
Posted by SoAngel on :
Picked up some DRYS for 8.60 instead.
Posted by SoAngel on :
Wow, should've waited!
Posted by R1 Man on :
I grabbed 260 shares of HIG afterhours at work for $15. Selling at $15.75.
I knew I should of grabbed SKF 2 days ago...thought about it and grabbed HIG instead...more second guessing at work. Ohhh well....catch the next ride.
Posted by Gary59 on :
Well woke up this morning to bad market news , no auto loan package, And Bernard Madoff firm filed in security fraud , suspected of Billions of dollars of fraud and market futures down over 300 this morning.. Will be a great day for anyone who bought bear fund ETFs yesterday,,Lucky for me I got out of a few things yesterday and I have a bunch of running around to do today so I am not going to worry about it this morning and just get away from the computer today , you never know I might come back and the market be in the green by 300 point , not likely but I can hope..Is today the day we see under 8000? and this would be another bottom bounce for the dow, Good luck all if you are around this morning..
Posted by Gary59 on :
Well looks like it will be a good time today to get into BULL ETFs at bottom today,,I am going to look for TNA at 16-18 or lower when I get back..
Posted by Gary59 on :
Was anyone holding FAZ SRS SKF or any bear ETFs? If so start your victory dance this morning they are WAY up this morning
Posted by SoAngel on :
I am about to let go of my DRYS at 7.75 and just blow the rest of the day off.
Posted by Gary59 on :
DRYS was trading as low as 7.28 this morning pre market back up to 7.85 , TNA selloff 3 bucks from yesterday as well. Any opinion on which bull ETF to get into at low today that might move more than TNA? I want to get into something today at a good bottom to re-coup loss from DRYS..
Posted by Gary59 on :
Morning SoAngel . I am going to hold DRYS so far this morning I am ave in at 10.00 now so dont want to take 600 loss this morning , I might hold a few days to see if it comes back up a bit before taking that kind of loss ..
Posted by SoAngel on :
I am using margin on it, so I have to let it go one way or another. Trying to decide if I will lose more NOW by getting rid of it or holding until the market opens...
Posted by Gary59 on :
I know the feeling SoAngel, Lucky I got rid of YHOO at smal profit yesterday , but did not get into TNA like I wanted ,WHEW,, But the YHOO sell covered my margin so I am OK so far ,and not holding a lot right now.. I am Unsure about DRYS now because of the way it has been trading this morning I did see quite a few buys come in earlier so there are some people buying lows already..
Posted by Gary59 on :
I think that I am going to go ahead and leave for the morning get my stuff done , then come back and see what to do that way I wont rush into anything this morning ..let it settle down a bit ...There are actually BUYS coming in on TNA this morningat 26 range,,,,,Do they think the market is going to turn around?? Good luck to anyone who stays this morning back after lunch
Posted by SoAngel on :
Looking really bad at this point.
Posted by Morpheus on :
waaass up dudes?....i added to my DRYS 200 at 7.54 premsrket..why not?
Posted by SoAngel on :
quote:Originally posted by SoAngel: I bought some EXEL at 3.28 (laugh) and then again at 3.07.
Trading at 4.50 pre-market. Too bad I am not holding anymore! hahaahhah
Posted by Gary59 on :
Morning Morpheus ,, I am getting ready to get out of here for the morning ,, good luck , I know you will play this one right...
Posted by Morpheus on :
G..i dont know..i have been leaving way too much mola on the table in the last fes days..its been really pissing me off and i know thats not a good way to be cause ive been makeing mola but not as much as i could have..today..im 90% cash and still waiting for the big drop..?? oh and by the way..your not gonna stay away from today..its just way to happening
Posted by Morpheus on :
picked up 300 shares FAS 19.25
Posted by Morpheus on :
i own some F...GM and F can just kiss my A hole !! and so can the congress weinnies..
Posted by SoAngel on :
Still torn up here with DRYS. I liked the 8.25 spike and REALLY thought about dumping for a small loss, didn't do it, and now stressing it again, lol.
Posted by Morpheus on :
dow only down 135...the way they been talking ...it looked like dow down 600+ at the open..down 135 is nothing...it does that big of a swing in 3 minutes during the last hour follies lately..
Posted by SoAngel on :
I dropped enough DRYS to cover my margin balance, but I need it to hit 13.00 to break even on it now. Good times. Posted by Morpheus on :
my feeling is this day will blow over..so buy small positions into dips..DRYS and JRCC are good calls..they will be higher sometime in the near future..save you big money for the big drop..should there be one..if it happens
Posted by Morpheus on :
we missed some great plays this morning..EGLE and JRCC had some great bounce plays..crap!! i did how ever pick up DRYS at a good premarket price and FAS early on..so ..no worries
Posted by SoAngel on :
Well, I screwed that up pretty bad Posted by Morpheus on :
SBLK had a few 10+ swings..next pullback below 2.45..im a buyer 3k shares or maybe more
Posted by Morpheus on :
R1...whats your view of whats going on??..any input
Posted by Morpheus on :
DRYS has hit a brick wall to the upside...its been 8.80-8.85 for a long time..its going higher just the minute after i sell all my shares..i just know it..so im not selling at this point..not yet..im patient Posted by Morpheus on :
i put in a sell order on all my F at 3.32 for the day..if it hits it will pull back from there..and then i buy back
Posted by Morpheus on :
i have to run errands right now so i just sold all positions at market except F with a gain of about 700 bucks today so WTF not..there is always another day to make mola in cyber vegas
Posted by Morpheus on :
i also just put in a limit day order on SBLK 2k shares at 2.22..hey it could hit Posted by R1 Man on :
quote:Originally posted by Morpheus: R1...whats your view of whats going on??..any input
I really don't know. 50B fraud....no bailout....and market holds??? WTH!!!
The Big 3 said they can make it into January. They banking on all the Dems coming in to do another bill. F claims they don't need any money. The Republicans wanted us to take a $10 pay cut, get rid of job bank, cut retirement pension payments, etc. That is why they killed it.
So the S&P re-did their stocks. That was unexpected. My HIG got hit and I think that is why its down.
Posted by SoAngel on :
I picked up some UYG, but I am not expecting to be able to unload it today.
I can't imagine the market closing in any other color than red today...
Posted by SoAngel on :
Out of UYG at the close for 5.49.
Posted by Morpheus on :
did somebody say ....PLD...oh yeah baby..i forgot i tabbed some of this in one of my kids account yesterday..only 300 shares..but hugh perscntage..yowza!! have a great weekend..its its 85% today and there saying all thru sunday..then the rains come..so enjoy where ever you are..im going MT. Biking this afternoon..and golfing in the morn..I love love love cyber vegas!!
Posted by Gary59 on :
OK I got back today late , internet modem down , just found a nieghbors connection slow but I am able to check my account,, Market did a lot better than I expected, I ended up 100 , still down 300 from yesterday but looks like you held on pretty good today,, see you guys Monday ....
Posted by Gary59 on :
Here's some info for 4Q reports in a few months:: Hardware sales, which include gaming consoles like the Wii as well as handheld systems like Sony Corp.'s PSP, jumped 10 percent to $1.21 billion.
Nintendo enjoyed perhaps the greatest success in November, with 2 million Wiis sold - the most yet in a month, according to Denise Kaigler, vice president of corporate affairs. The Japanese company boosted production of the easy-to-master gaming system in July to keep up with seemingly insatiable demand. Nonetheless, on Thursday afternoon, both Best Buy's and Wal-Mart's Web sites were out of stock.
Microsoft's Xbox 360, meanwhile, sold 836,000 units. Spokesman David Dennis said the company's games business had "great momentum" heading into the final stretch of the holiday season. The PlayStation 3, from Sony, sold 378,000 units.
Sales of video game software grew 11 percent to $1.31 billion. Besides "Gears of War 2," which sold 1.6 million copies, "Call of Duty: World at War" by Activision Blizzard Inc. and Nintendo's "Wii Play" and "Wii Fit" also did well. Electronic Arts had just one title, the zombie horror game "Left 4 Dead," in the top 10.
Posted by Gary59 on :
Morning all,, DRYS is trading up this morning volume pre-market is 350k so far and up almost a buck so far..News on annual report is out but I cant find it anywhere.They want to send it to you at the website that I find ..News must be OK if trading UP this morning..My ave is 10.00 so not sure where I will get out ,,If it runs might just put in a trail stop order..after 10.50 or so..not sure yet..
Posted by SoAngel on :
Gary59- You use Scottrade, correct ?
Good morning, btw Posted by Gary59 on :
Morning SoAngel, I use Scottrade just a reg margin acc..
Posted by Morpheus on :
Posted by Gary59 on :
Morning Morpheus, I think I will get a few hundered shrs of PGPDQ this morning for a little gamble , their court date for the 17th: A final court hearing on the debtor-in-possession, or DIP financing, is set for Dec. 17. The Bank of Montreal is the lead DIP agent, according to court documents.
DIP financing has become more difficult to attain in recent months due to the financial crisis that has stemmed borrowing on Wall Street. The company will pay an interest rate of 8 percent on top of the lenders' prime commercial rate. Before the credit crisis those interest rates were around 2.5 percent.
So it might run here soon and has been stable the last few weeks..
Posted by SoAngel on :
Gary59, can you give me an example of a trail stop order setup through Scottrade ? I have tried to use it before and then I gave up.
Posted by SoAngel on :
BTW, I am out of intraday trades until Wednesday, so I won't be very active today or tomorrow, because I don't want to get stuck in something. Otherwise, I would've picked up more DRYS at 10.15 this morning.
Posted by Gary59 on :
With the trailing stop you can set the price for it to stop either by % or points , so if you have a stock that is running and you pu the trailing stop on it , it will keep re-setting the sell price but will not back up so if you put in .25 it will keep uping the sell price and if it drops back it will trigger the sell , BUT you can not put in a sell price as well as a trailing stop price.. If that makes sence..
Posted by SoAngel on :
Gary59- I am familiar with how it works, actually, but when I entered values, I ended up with errors (so obviously I am not 100% understanding on it). I was hoping you could basically give me an example using the fields and some hypothetical numbers.
Posted by Gary59 on :
SoAngel. I have been having problems with my ord screens from them as well, so what I do is open a blank ord screen and fill it out and it works then, I called scottrade and told them and they ssaid I was doing something wrong, so just open a new blank ord screen then fill it out and it will work..
Posted by SoAngel on :
Gary59- Thanks! I will have to try it and let you know then!
Posted by Morpheus on :
PGPDQ..one of the only reasons i still own it is all the hype about chicken sales are way up..
Posted by Gary59 on :
LVS is up .73 since close friday,, wonder what is going on with that , I have been leary of that one for a while now, but didnt expect it to run again..
Posted by Gary59 on :
Might get into FAS at a dip this morning..If it gets into 19. area
Posted by Gary59 on :
Sold DRYS at 11.05 ,200 profit..
Posted by Morpheus on :
right on Mr. G..making the mola..eeehaaaa!! good going
Posted by Gary59 on :
Thanks Morpheus Taking small ones when I can,
Posted by Gary59 on :
SoAngel, did opening a new ord screen help?
Posted by Morpheus on :
are you dudes scottrade charts working correctly?...mine keep getting realtime ticks and just go straight line..i tried rebooting stuff and still the same..anybody?
Posted by Morpheus on :
the chart thing is only on a few and only the minute ticks..hmmm..so im watching the 5 min ticks..when somthing gets close to a trade..i switch to the 1 min.. Posted by SoAngel on :
Gary59- just stopped in now to see what is going on. Haven't messed with it yet, nothing to worry about selling right now I will let you know then, and thanks!
Posted by Morpheus on :
is it me...or did the market get stuck in the mud in the last 30 minutes..maybe things are returning back to the past action..
Posted by Gary59 on :
I just got back in , a friend stopped over when I was outside having a smoke , found my ord on 200 FAS * 20.35 hit ,, looks like it hit a pretty close to morning bottom.. Morpheus it does look like it slowed a bit, and my scottrade was doing that last week , it would freeze for 1 or 2 minutes then start back up , I thought it was my internet connection but CNBC keeps running so I think it was their server freezing up ..
Posted by Gary59 on :
CNBC had a report on walmart how they are saving fuel costs by buying new trucks,, I dont care about walmart but Peterbuilt is getting an order for 1000 new trucks for walmart ,, gonna check peterbuilt info for year end info , might be a good one to hold for a few months..
Posted by Gary59 on :
Here is the ticker for peterbilt PCAR if interesed in doing DD, havent seen much yet
Posted by Morpheus on :
gary..that WMT news has been out for a whicl and that is why PCAR went up from 25 to 28 last week..do you think the TV puppets are gonna let us pee-ons in on something good???
Posted by Gary59 on :
Good point Morpheus, I did look into PCAR and it has been running flat for the last month or so .. I just keep kicking around a few stocks with info out there for maybe long term when this market turns around .. I like playing these ETFs here lately,, was up 200 on FAS and didnt sell , I am hoping for another pop today before close and also might hold overnight if it looks safe to hold so I can save a daytrade for the rest of the week..
Posted by Morpheus on :
silver and gold and and precious metel mines are on the move..i usually dont play them but here is a few...PAAS SLW AUY ABX GG NEM and AEM
Posted by Morpheus on :
just to make 1-2 hundred bucks is tuff today..
Posted by Morpheus on :
in the next day or two...GS and other financial firms report earning and outlook...that will bring the market way down..thats what im playing..down from today..
Posted by Gary59 on :
I thinnk your right Morpheus Fins are down waiting for numbers coming out , so I might get out of FAS here in a while and get back in tommorrow at that bottom as well..Also still watching TNA as well.
Posted by Gary59 on :
Morpheus , do you think the DOW is going into the green anytime before EOD?
Posted by Gary59 on :
Keeps looking like the DOW is trying to run up then hits -55 to -60 then heads down,,We should see what will happen in the next hour or so..
Posted by R1 Man on :
quote:Originally posted by Gary59: Morpheus , do you think the DOW is going into the green anytime before EOD?
I say NO!!
Yeah, its hard to make some money today. Not sure what to buy or sell. Sitting on HIG. I am watching DIG....but think I will wait for tuesday to grab it.
Posted by Morpheus on :
im feeling EOD=red...tommorrow=red..the next day=red..im bery bearish now..but that could change any minute..no good news..and pending bad news
Posted by R1 Man on :
Man, that hot chick on CNBC really hates unions. She is now a little less hot to me. I wish I could ask her how much she makes and tell her she should make $14 an hour.
Posted by Gary59 on :
Thanks R1 ,, and it is getting tough to watch now, I was up 200 on FAS now back to even , hoping no for a little run back up before EOD ,,I knew I should have got out with profit at that poin today but though it was going to turn back around a little , not really in the green but better than 115 down.I would be happy with -50 close..
Posted by Morpheus on :
i just popped into FAZ 100 sharew at 51.7s
Posted by Morpheus on :
100 at 51.70 of FAZ...i got fast-typing-idous today
Posted by Morpheus on :
attention! attention!..this is your captain..man the torpedos....DIVE DIVE..its the last hour follies!!
Posted by Morpheus on :
popped back into 100 of SRS at 85..
Posted by Morpheus on :
wow ...WTF...that was a very quick pullback...crap...i tapped into more SRS another 50 sharew at 83.20
Posted by Morpheus on :
this market action really STINKS...ya might say this is "financial SEWERside"
Posted by Gary59 on :
Well I just got out of FAS for a 20 buck loss but at least I am out with less than the 200 i was down earlier, now it will probably close at 22 Posted by Morpheus on :
F F F F F....i gave back about 800 bones at the last 20 minute schannagans...that was not cool! im still bear for tommorrow open..
Posted by Gary59 on :
Ouch Morpheus, maybe better tommorrow .. Have good one , see you in the morning Im outta here..
Posted by Gary59 on :
Well 7:30 am and DOW futures up 24 so far this morning , that could change anytime before open..Bullish ETFs up this morning could it be a fake open this morning to drive it back down or was yesterdays red antisipating todays news and we stay green today, that seems to be what has happened the last few weeks..Good luck today.. Now 7:40 dow UP 54
Posted by Morpheus on :
morning..whats the good word?
Posted by Gary59 on :
I havent found a good word yet, dont want to rush in too early this morning in case its a fake open today then dip with fins might take a hit this morning..I am keeping CBB on radar though it has been stable lately and chart looks like bottom might head up soon IMHO , setting at 1.78 this morning,I might grab a few shares and watch it.Other than that just looking at regulars like TNA FAS MSFT GE UTX
Posted by Morpheus on :
i just hedged my postitions with FAS 21.55 in premarket just to wait and see..
Posted by Gary59 on :
DOW futures showing up 76 point pre market lets see what we can do today..I am waiting for the morning dip on something this morning , not sure yet but watching..
Posted by Gary59 on :
No volume on CBB yet , I will stay away from that one unless it dips..
Posted by Gary59 on :
Scottrade is starting to pis me off again charts not working this morning,,past days charts working just not this morning charts stopped , it should start up in a few minutes but they aalways go down at the wrong time..... Posted by Gary59 on :
DRYS getting back to normal chart running , seems to run up over a buck on open then head down for the day,, I might ge some more of that if it dips back again and sell in the morning open.. It has been running some mornings even on a red open ..
Posted by Gary59 on :
I Think I will play safe today and just get LEMHQ WAMUQ and PGPDQ also might even get some RSHN... OK maybe not
Posted by Gary59 on :
Hey Morpheus did you get out of FAS at 22 ?Looks like morning dip coming..I might get back in Or TNA not sure about the fins this morning
Posted by Gary59 on :
What is up with ANSV , just saw it on Finviz,, it was .07 yesterday now .27 had a high of .31,.. Interesting..not going to get in but interesting..
Posted by Morpheus on :
im still on the fence with FAS FAZ..i did however pibk up 50 shares of SRS at 77.90..but still down for the morning..blah..
Posted by Gary59 on :
ANSV just finished phase 3 trials with new pain med running like a ***** now
Posted by Morpheus on :
ok...i just popped for 100 more FAZ at 47.10 and bailed on FAS 21.85
Posted by Morpheus on :
another F'd up day...GS looses over 2 billion bucks and it goes up???? WTF??
Posted by R1 Man on :
Sold HIG at $15.49. Now I get my son and do lunch. Post me a winner you guys...be back about 1:30-2. Posted by R1 Man on :
Grabbing 300 shares of BAC at $13.60. X-ing fingers.
Posted by Morpheus on :
good going R1..making mola...right on..!!
Posted by Gary59 on :
I am still setting on the sideliines this morning everything running sideways this morning,, waiting for mid-morning dips again..
Posted by Gary59 on :
Ok just got 100 sh of FAZ 46.65 then it headed back down to 46.09 But looking at the DOW charts we have had 1 green day one red day for the last 5 days so I am bettin red in the morning unless Fin news coming out in a little while runs the market down,,
Posted by Morpheus on :
my stratagy??...just outlast the false uptrend..that is what it seems to be lately..just popped into more SRS at 78.65..and FAZ at 46..im an IDIOT..but thats the way i roll..
Posted by Morpheus on :
Gary..that is about as much as a dip as you gonna get today on the inverse stuff
Posted by Morpheus on :
Gary...you betting green or red?? your post is unclear...as for me..my bets are placed on red...but hey im loosing my A today so far..
Posted by Gary59 on :
It has really been bizzarro market this last week, and I am gonna hold FAZ for a few days, unless It jumps today.I see this as a fake uptrend in the market no news is worth the market jumping 135 points today if anything it should be down 100 in my opinion..
Posted by Morpheus on :
obama..keeps stating just how messed up things are..lack of this and messed up that..things are as bad as ever since the great depression..yet the market remains up...makes no sense..but .."thats the market"
Posted by Morpheus on :
housing news blows and the housing sector goes up..this is maddness!! this has to be a "lamb to the slaughter" fake out..?? but the volume is really low overall..most of the big money is just idol on the sides and that is why things seem so quiet..i guess??
Posted by Morpheus on :
im just adding to ALL the bucks i lost with that Bernie Maddoff MO-FO!!
Posted by Morpheus on :
NOT.. ...but tons of big profile persons lost it all..bummer..
Posted by Gary59 on :
Well at least the market didnt run up to 300 during his speech and now coming down a little ,, Might get lucky and have a red EOD ,, Fed rate speech coming out at 2:30 ,,,Dont you think this is going to be an interesting close today.. Only problem I see is if its bad news the market will go up.. I am going to get out of here for a while and grab luunch ,,. Hope it dosent get too interesting while I am gone .. Later
Posted by Morpheus on :
today really reminds me of the horse track...the horses are around turn 2 and down the back stretch..the early runners a leading the pace and you see averybody all around you jummping all over the place cause there turd of a horse is in the lead..and mine is toward the back..till the far turn and into the home stretch..then all the class comes up as the early pacers are fading... that is what today feels like ..BUT the POS GS just keeps chuggin upward..and hurting my financial shorts??
Posted by Gary59 on :
Well I am back took my little break and came back with a slowwww market ,, guess people are waiting for the fed report , which we know will be bad, so it looks like we are making the 3rd turn now morpheus,,
Posted by Gary59 on :
Well Morpheus,, CNBC puppets are saying there will not be good news at 2;15,,, Might want to get out of short funds now.....Never mind just found out Paulson is going to speak at 4 today so whatever happens with the fed is going to be doubled by Paulson blowing the crap out of the market too..
Posted by Gary59 on :
You would think I would be happy with a green market up 100 points , but this is getting boring waiting for something to move,,volume has slowed to a stop for the last hour or so.. Wonder if R1 is going to be back this afternoon and see what has been happening here today?He hasnt missed much today thats for sure..
Posted by R1 Man on :
I asked my turtle what he thinks of the market...
I got 300 shares of BAC at $13.60. Posted by Morpheus on :
well..im still short..probebly gonna loose ..but ya got to go one way or the other....and so far im not doing too well since the last 20 minute follies yesterday..
Posted by Gary59 on :
HHHHAAAAAAAAAAA,,, thats friggin hilarius R1....
Posted by Gary59 on :
Well I am holding my FAZ morpheus ,seems like every time I sell off my ETFs bull or bear I loose the next day, IF I WOULD HAVE HELD keeps coming up, so I am holding FAZ this time hoping for red EOD or morning..
Posted by R1 Man on :
Maybe you should play DIG....???
Posted by Gary59 on :
I think DIG would be a good long term hold , It has not been moving much intra day the last few weeks, Would be nice to have enough money in my account to set a few shares aside and wait for oil to go back up..
Posted by Morpheus on :
here my thinking...every single thing has been doing opposite of what logic would dictate..so with the fed comming out and lowering rates and what ever other curveball they throw out im doing exactly opposite what logic would tell me to do..(thats my story and im sticking to it)?? Posted by R1 Man on :
Anybody hungry....TSN is worth a bite.
Posted by Morpheus on :
DRYS just tanked over 10%..!!just in the last 3 minutes
Posted by Gary59 on :
Well thats true Morpheus BUT Paulson will be speaking again today and that one is never a wrong indicator. He has the best record in the market for running in the red.. R1 did you get 300 more BAC or still holding 300 from earlier?
Posted by Morpheus on :
inverses are moving up now..SKF FAZ SRS ...hmmmm...early info somebody knows something? ya never know..
Posted by R1 Man on :
Whats up with SAY....down over 50%. Hmmmm....bounce???
Posted by Morpheus on :
i just popped for 300 shares DRYS at 11..on the pullback..this will be a long term hold possibly
Posted by R1 Man on :
UAUA is a buy also in my view. $9.86....sell at $11-12.
Posted by R1 Man on :
I had put the order in for BAC then went to see my son. It got filled and just saying I have 300 shares. I low balled it. Didn't know if it would get filled.
So, you bought DRYS at $11. Ouch...I would of shorted that one.
Posted by R1 Man on :
Nice report....market just JUMPED big time.
Posted by Gary59 on :
Ouch , I was outside during the report, still have FAZ and MSFT gonna hold for profit taking to bring the market down today or in the morning..
Posted by Gary59 on :
I bet DRYS hits 12 in the first hour and a half in the morning..
Posted by R1 Man on :
BAC just broke the $14 barrier.
Put my sell at $16. Well, off to work...I think it will boom soon.....hmmmm....$14.22....might just set for $14.50 and take the money....???
Posted by R1 Man on :
Sold...at $14.30....gonna buy SKF and go to work.
Posted by R1 Man on :
Put order in for 40 SKF at $117.
Posted by Gary59 on :
Have a good one R1,,
Posted by Morpheus on :
well..that didnt work out well at all..CRAP..but htere is still the last hour follies..yeeee haaaa!!
Posted by Gary59 on :
Thats what I am looking for , and FAZ came up 2 bucks with the market coming down just 50 points to 180..So that one might jump back up EOD or in the morning
Posted by R1 Man on :
Should of left it alone....blah!!!
Posted by R1 Man on :
Grabbed 10 more SKF at $14.40. Selling at $123.
Posted by SoAngel on :
Looking at FAZ to get into below 37.00....
Posted by R1 Man on :
SKF....$109....ouch. Off to work...Good Luck all!!
Posted by Gary59 on :
Well I had today all ass backwards today,,gonna have to hold all .I am all in with FAZ and MSFT .So gotta wait for a reversal , there should be a selloff EOD I would think with all the profit taking that will be going on today with the market up 350 today..rott
Posted by Gary59 on :
Well Morpheus did you get out of anything or are you going to hold?I am kinda stuck holding FAZ , I though it would re-trace with profit taking EOD but still heading down on me,, I am going to hold for another red day to get out..
Posted by SoAngel on :
Picked up 50 FAZ at 36.50.
Posted by Gary59 on :
Good pick SoAngel, too bad I didnt get out of FAZ when the news hit, I thought there would be a selloff today..
Posted by SoAngel on :
Picked up 20 BGZ at 57.90.
Posted by Gary59 on :
OK I am getting out of here to lick my wounds , ouch,,shoulda woulda coulda,, See you guys in the morning..
Posted by Morpheus on :
yeah..i sold off half my shorts toward the end but still took a beating..not cool..i did buy 1000 shares of MSFT at 19.95..so if tommorrow is up this will go up too...my hedges did not cover my losses which were brutal..ouch..
Posted by Morpheus on :
Posted by R1 Man on :
quote:Originally posted by R1 Man: Whats up with SAY....down over 50%. Hmmmm....bounce???
Talk about a nice bounce...Bid is $8.85. It closed at $5.70. Didn't get any....should of....but bought 50 shares of SKF with a $116.89 average. Posted by R1 Man on :
quote:Originally posted by SoAngel: Picked up 20 BGZ at 57.90.
You should be ok with your catch. Bid is $57.99. Posted by Gary59 on :
Morning all. looks like DOW will re-trace a little this morning, futures down over 100 so far..shorts are up , which is what I need because I was on the wrong side of the market yesterday.My Fault should have folowed what was happening not what I THOUGHT would happen..One of these days I would think I would learn something. Posted by Gary59 on :
I sold off MSFT yesterday a little over 20 to cover margin while I wait for FAZ to recover a little of my losses..So playing catch up today..
Posted by Gary59 on :
Just to show you how backwards yesterday was MS had 2 BILLION of rev LOSS yesterday and traded UP on that news..Now coming down pre market, MS opened yesteday at 14 ran to over 17 with those losses posted..Now down to 14.60 , And the people on the news are saying that people playing ETFs are pulling the market down by playing the market short..Man do they have it backwards...Just my ramblelings his morning waiting for the opening bell,,,,
Posted by SoAngel on :
I have my sells set in place, not looking to make a fortune in this unpredictable market. Good luck everyone!
Posted by Gary59 on :
Morning SoAngel,, Just looking to break even again.Good luck to you too..
Posted by SoAngel on :
Gary59, without going back and reading other posts (sorry), what are you averaged into FAZ ?
Posted by Gary59 on :
Ouch 46.65 Ouch ouch .. shoulda got out at 2:00 but thought the news yesterday would drive it up not down and by the time I saw it it was 40 so I held for a normal EOD down run to get out , that did not happen ..
Posted by SoAngel on :
Yeah, I am not going to be playing it that hard. Wish I could hold it long enough until your break even point, I would make $500. I will get out of FAZ and BGZ if I am up $50 or so on each. I have to be pretty careful right now, because I am most likely going to be taking all of my Scottrade funds to buy another car this week or next, and I don't want to jeopardize (sp?) my ability to purchase the car.
Posted by SoAngel on :
Regarding MS and GS, I just can't understand things either. Both of them missed expectations by quite a bit from what I read, and both of them traded up ??? Maybe I was mislead somewhere.
Posted by Gary59 on :
I dont know SoAngel , this market has really got me stumped, I was in FAZ because the fed fin numbers where that low and it ran like crazy yesterday and killed me..I am trying to figure out where to run but the market is doing totaly opposite of what you would think.. So I need to set back and calm down and watch my assets today and see how many losses I can get covered the rest of the week..
Posted by Gary59 on :
I dont know if you are watching CNBC now but they are talking about MS now . Yesterday open at 14 came out with news of 4Q losses of 2.29 billion and still trading 1.25 higher than yesterdays open in pre market...This is one of the reasons this market cant be figured out..Where do you go with it..
Posted by SoAngel on :
Out of FAZ at 38.25 and out of BGZ at 60.55.
Posted by Gary59 on :
Good move SoAngel
Posted by SoAngel on :
Made $112.XX on the pair of trades....very happy even with the little gain.
Posted by Gary59 on :
Good job makin money SoAgel, I am looking for something to hedge yesterdays loss this morning..
Posted by Gary59 on :
Well DRYS did hit 12.15 this morning.I didnt have cash yesterday to get some of that for a flip..I think Morpheus has some though.
Posted by SoAngel on :
quote:Originally posted by SoAngel: I bought some EXEL at 3.28 (laugh) and then again at 3.07.
Now hitting 5.25.
Posted by Gary59 on :
Another good move SoAngel,,glad someone doing good around here today..
Posted by SoAngel on :
Gary59- I am not holding much EXEL (only 20 shares). They were my free ones. I have been doing that a lot lately, trying to build a portfolio of stocks. I have been taking shares as profit on a lot of stocks, rather than cash. Sometimes a little of each. I am hoping it pays off in the long run.
Posted by Gary59 on :
I am kinda stuck I only have one daytrade left fo the week , so I need to be really careful on what I do,FAZ is not running up near as much as I would have thought, all the fins I see are down but FAZ only up .60 , might run up a little better when people figure out that the news of the fed helping fins recover will take months to get in to play..
Posted by Gary59 on :
Looks like Morpheus is sleeping in this morning..
Posted by SoAngel on :
I have 2 daytrades until Friday. I am thinking about hopping into FAZ again here, but trying to be patient.
Posted by Gary59 on :
The market overall is real slow this morning,,looks like everyone is setting on the sidelines too..I would have thought that there would be a lot of profit taking this morning and run down a lot more.. Also like I was saying earlier this morning look at GS now up 1.38 and they had 1 billion in osses as well and its up...
Posted by Gary59 on :
Well sort of thinking of a plan to get out of FAZ IF it gets back to the 38 range , then put all of that into TNA at a low today I am expecting a red day today then a green day tommorrow..Thats my plan now but could change at any time with this market..
Posted by Morpheus on :
baaah humbug ..and yes i did sleep in im still in shock over yesterdays action..and i do own DRYS..im in at 11..also a boat load of MSFT at 19.95..I sold half of my FAZ yesterday at 41 and all SRS at 68 ...for big losses..still in the game to start building again..
Posted by Morpheus on :
i also own JASO and its running now..giddy up..im still turning up my charts..so im running late..
Posted by Gary59 on :
Well DRYS is hittin 12 again.. so you are ok there ,,Nothin is moving today FAZ killed me yesterday as you know but I am trying to keep calm and figure out how to make out in this hole i am in.. I cant figure out where the fins are going even with all the losses they are showing,,,So the fed is going to guarantee any bank losses so that is driving them even with billions of losses on the books ,,
Posted by Gary59 on :
I might just get out of here for a few hours and hit the mall , do a little christmas shopping and get back around 2 or so,and put a stop limit on FAZ, I just dont think FAZ is going to run back up anytime soon because of the fed news not letting banks fail, so I am prob screwed on that one anyway,, but the market is killer slow this morning.., I think after that one yesterday the Fed should bail us out now they are throwing money around so freely that I should get all of my losses of the year back from them as well..That might be next..
Posted by Morpheus on :
im liking the sectors of solar and ag..they are booming today and will continue to do so..
Posted by R1 Man on :
So....BIDU.....$140...had that on radar last week at $109. Dang!!
AUY....$7.13....up 31% from pick.
HL....Not a bad buy.
HIG....$18.42....Should of held.... Posted by Morpheus on :
this is what im getting into for now..JASO STP QCNF NM FSLR CSIQ YGE KSU AG POT MOS SLW SBLK EGLE DRYS DSX..theyre on my radar and will be buying on the dips..not all but within the group..i like the trains sector too..oil and all theis rebuilding talk of obama..they gonnna be busy making mola..which in normal thinking..should make the stock rise..
Posted by Gary59 on :
Well I just got back in and came back to find a green market and limit on FAZ went ,,,down 1200 on that sucker ,, gonna take me a month to get that back...Man I wish I would follow my own rules for trading and cut losses no matter what I thinkk will happen not just ride em down to bottom like I have lately..Oh Well,, I will get it back slowley another lesson learned..
Posted by SoAngel on :
Just got back. Can't BELIEVE the Dow is green today, I must've picked almost the perfect time to sell those bear market ETFs. Now what ? ....
Posted by SoAngel on :
Gary59, you just matched what I typed ... except for the losses part What a day.
Posted by Gary59 on :
I dont have a clue where to go now market is so backwards that I am lost..I would like to see TNA make a big pullback but that one has been green almost all day today and had no cash to put into it. I have the cash now from FAZ sell, just need a good entry point .It has been a little more predictible ,if you can call it that> than the fin ETFs in my opinion..
Posted by SoAngel on :
I am about to jump into UYG.... not dead set on the idea yet...
Posted by Gary59 on :
Dont worry guys I will tell you from now on what i am buying so you can get away from it.. Posted by Gary59 on :
quote:Originally posted by SoAngel: I am about to jump into UYG.... not dead set on the idea yet...
OK thanks I will stay away from it so I dont jinx you , I wont even check the quote screen on it.. Posted by SoAngel on :
I just want to know which direction the market is going to run I need a crystal ball asap...
I had originally guess red today, but now I have green visions in my head...
Still gonna guess red... not taking any positions yet. BGZ is tempting me to death right now...
Posted by SoAngel on :
However, the 5 min chart of Dow definitely has GREEN written all over it ...
*sigh*
Posted by Gary59 on :
OK Heads up on TNA its pulliing back quick now I MIGHT get some so look for it to bottom out to new lows
Posted by SoAngel on :
Yeah, things just changed pretty quickly.
Posted by Gary59 on :
I am thinking a red close today then heading back to green tommorrow with the way the DOW charts have been going for the last week , I even saw it AND surmised it would be green yesterday and still played it like it would be red for the day..
Posted by Morpheus on :
just hit my limit sell of 1k shares JASO at 3.45..now that im out it will really go up from here im looking to buy back in cheaper soon.. Posted by Gary59 on :
I had a limit in on TNA at 32.50 and it turned around so fast it would make your head spin, it dropped to 32.51 then back up to 33.50 now..
Posted by Gary59 on :
A friend of mine had said something about NVD a few weeks ago when it was .06 and scottrade had a call in to place ord. so I dodnt get any, news is coming out the 19th ,,its up %506 today to .37..It didnt have volme or anythiing until today then popped today...
Posted by SoAngel on :
EOD ... bull or bear ... bull or bear ... bull or bear ???? I am still guessing bear, but I am not sure if I have enough faith in that guess to buy into anything .......
Posted by Gary59 on :
I think bear today EOD and green tommorrow..
Posted by Morpheus on :
for those ouf you that are playing the "bad news=good and good news= bad" game..tommorrow will be the unemployment report..it will not be any better then the others lately..soooo??
Posted by Gary59 on :
OK just got TNA * 32.94
Posted by Gary59 on :
With that note I am gonna hold overnight and go have a smoke so I can come back in and see it at 30.00 Posted by SoAngel on :
Gary59- Good luck. I still haven't made a plunge yet, but honestly, if I do, it will be a bearish plunge.
Posted by Madpammy on :
I'm new here. Been watching for a couple of weeks. You guys gave me some good ideas. Thx.
Don't forget Gov't is going to give auto ind. bailout money from TARP any day now.
Posted by Gary59 on :
Welcome Madpammy, dont hesitate to chime in at anytime with any info or questions.. good luck..
Posted by Madpammy on :
Thanks, sitting on faz * 39.00. Prob dump before eod.
Posted by Gary59 on :
SoAngel ,, TNA has been in the green lmost all day today even though its a bull fund withe the Russel 2000 , so I grabbed it at a dip and hope it runs tommorrow even if the DOW is red in the morning..I Hope
Posted by Morpheus on :
there goes DRYS...up up and away..im gonna bail in after hours tradeing..ost it run to the close
Posted by Morpheus on :
yo ...madpammy..whats happening?..welcome to the best bunch of mola makers on the web!!
Posted by Madpammy on :
Whats up. I am in it to make money! or go broke tryin'
Posted by Morpheus on :
im holding FAZ too..i thinkin down tommorrow..which is good for FAZ..so maybe just dump half ?? to reduce your exposure..
Posted by Gary59 on :
Kind of odd that you could have bought both sides of TNA and ERY and made money on both sides of that one today..
Posted by Morpheus on :
i changed my mind..i bailed on DRYS and banked the mola..i could not wait till close out at 12.45..this red run will most likely carry over tommorrow..
Posted by SoAngel on :
I knew I should've jumped into FAZ at 34.80
Sitting empty handed right now... all cash.
Missed money is better than lost money...
Posted by Morpheus on :
madpammy...are you bring a female perspective to the board??
Posted by Gary59 on :
OK guys going to get out of here and get $1200 worth of relaxation now ,, this one made me nearvous..
Posted by Madpammy on :
Chickened out, held faz. Praying for a red open. No cash to ave down until Fri. Bad news has to catch up to fin sometime soon. The only positive is I have held a small stock svmff for a while now. It goes up whenever silver spikes. Also had azk and made good %.
I'll be watching tomorrow. Thanks for the ideas.
Posted by Madpammy on :
Sorry guys, didn't mean to mislead. My wife's name is Pam. I use this name for online stuff. I'm Mike.
Posted by Gary59 on :
OK 8:00 am and DOW futures up 35, mixed feelings on open this morning on CNBC . I am only holding TNA from yesterday,Hope to make 100 today.. HIG over 18 this morning DRYS 12.95 F & GM up a little this morning,
Posted by Gary59 on :
Unemployment report out not as bad as thought looks like market going green today at least opening, not sure about the rest of the day.. DRYS hitting 13.40
Posted by Morpheus on :
wass up...popped into SRS at 56.75..a few minutes ago
Posted by Morpheus on :
madP...oh now it make sense about your wife and all..tiss the season to spend money..and thats enough to make any husdand "MAD"...he he Posted by Madpammy on :
Tell me about it brother. the thousands can add up fast.
I do appreciate the fact she is frugal.
Posted by Madpammy on :
Why is F off so much? Might be attractive for bailout announcement.
Posted by Morpheus on :
madpammy...the news is congress is seriously considering "managed BK" ..that is why GM and F are down a bunch this am..
Posted by Morpheus on :
i have 1k shares of F..as much as i want to buy more..just cant do it..i already got burned on WMU a few weeks ago..actually ..i might just free up the cash and bail on F alltogether..almost did yesterday..but thats history now..
Posted by Madpammy on :
Thanks, Morpheus. I am at kids school, missing most news.
Posted by Gary59 on :
Morning All ,,just out of TNA looking to get back in a dip now..in * 32.94 out * 34.20
Posted by Gary59 on :
I dont know how many times that both sides of the market ERY bearish and TNA bullish will play and today ERY is up 2.75 on the bearish side and TNA the bullish side is only up .94 ,, I am going to try both sides of that at the same time in the future .....
Posted by Gary59 on :
Well for some reason I was screwed up for the last month thinking ERY and TNA where both sides of the Russel 2000 , ERY is Energy ETF ,,, Man I dont know where I missed that ....TNA bull and TZA bear...had to type it to remember ....
Posted by Madpammy on :
Anybody else getting that feeling the bottom could fall out any minute?
Posted by Gary59 on :
Constantly Madpammy constantly...Actually it did for me yesterday.. Posted by Gary59 on :
GM and F are takin a beating today..
Posted by Madpammy on :
Anybody got any thoughts on erx? Oil at 38.00?
Posted by Morpheus on :
my thoughts on ERX are ..with the arabs cut back on production..and winter time demand rising..you would think that oil is going up..but WTF?..oil will continue to drop..thats what i say..so ERY is a better play
Posted by Morpheus on :
geee....for xmas i hope i get a clapper or a chia pet or a new watch or maybe give a pajama gram or a new lexus as a gift..
Posted by Morpheus on :
NOT....im soooooooo sick of the annual boob tube commercials that push total crap to the turds that actually buy this stuff...ok back to stocks!!
Posted by Madpammy on :
Set limit buy for faz 85 * 35.50. Might as well roll the dice. Gotta do something.
Posted by Morpheus on :
CHINA..and DENN are looking real good to me..there in play after a big DOW down day..maybe later on toward the close or soon??
Posted by Morpheus on :
also...the airlines are taking advantage of the drop in oil too...ive been too busy loosing mola in financials..UAUA AMR JBLU MESA CAL
Posted by Madpammy on :
in faz 100 shares at ave of 36.56. I'm hoping big red. Baby needs a new pair of shoes.
Posted by R1 Man on :
Market is at a stand off again....????
F is cheap....if I had funds free I would of grabbed it at $2.72.
So....Chrysler idles ALL plants for 1 month.....the key word is AT LEAST for 1 month. Nothing new for me...we normally have time off.
So....UAUA....up good today. Still waiting for the market to puke though....it would be nice.
However....OIL drops again and little budge in the market....??? When Oil was over $100 and it budged....the market reacted. Hmmmm.....????
Posted by Gary59 on :
OK back had to run around , in DRYS at 12.35 was flatlined until I bought hit 11.85 5 minutes after I got in running back up a little now, hope it runs in the morning like it has the last week
Posted by R1 Man on :
quote:Originally posted by Gary59: OK back had to run around , in DRYS at 12.35 was flatlined until I bought hit 11.85 5 minutes after I got in running back up a little now, hope it runs in the morning like it has the last week
Your now playing HOT POTATOE. Pretty risky!!
Posted by Gary59 on :
Well any opiniion on a EOD green close today??
Posted by Gary59 on :
quote:Originally posted by R1 Man:
quote:Originally posted by Gary59: OK back had to run around , in DRYS at 12.35 was flatlined until I bought hit 11.85 5 minutes after I got in running back up a little now, hope it runs in the morning like it has the last week
Your now playing HOT POTATOE. Pretty risky!!
I know R1 but would like to get out around 13.50 for a few hundred
Posted by Gary59 on :
Actually if it was to hit 13 today I would be out of it..but it has risky , I will agree with you there just thinking about fuel going down might help a little as well..
Posted by Madpammy on :
Out of faz * 39.97 for 10 percent profit. Makes me about even for the day due to the tank my svmff mining stock. Have been holding it for a while though so.......
Posted by Gary59 on :
You know I need a vacation , might have to take a few days off.As soon as I bought DRYS the market had been stable at 100 in the red for a few hours running sideways and then dropped another 180 points , I am still surprised that DRYS has only dropped a few points even with another 170 points down from when I bought in..That could change by EOD though..
Posted by Gary59 on :
Good move Madpammy,,
Posted by Morpheus on :
i do not like the action in F at this time..im bailing on it at the close and cut my loss..too much talk of BD at this point for me..its killing my inverse gains..blah..
Posted by Madpammy on :
Have to wait until tomorrow for more cash to see how to play. My gut says green finish for the week. Oil at 36.53 per barrel. ERX maybe. (I play mostly ETF's) I'd like to see TNA in the 28's. May look at F only because they claim to be somewhat solvent and dropped 8 to 10%. I think Chrysler and GM are bankrupt bound. Can't decide what that does for the market if those two file.
Posted by Morpheus on :
talk of BK..on ford..ooops fat finger
Posted by Morpheus on :
options expire tommorrow...friday..its gonna be crazy...i just could not pulll the trigger on F ..im still in it.. Posted by Gary59 on :
OK guys hope you all did well today will be back in the morning for a while ... Have a good one..
Posted by Morpheus on :
i really like the action in SBLK and EGLE...these are in play after DOW days...i predict 5 red days in a row (or more)..some time soon...today is day number 2..my holdings are F (speculation) SRS FAZ and MSFT as a holding to keep me from llosing all my mola..its action is pretty steady..but down today..blah..
Posted by Morpheus on :
laters Posted by SoAngel on :
I am picking up some DXO after-hours on a hunch...nothing more.
Missed all of today and it was a shame. I would've been all bear, all day.
Posted by SoAngel on :
Picked up 500 DXO at 2.65.
Posted by SoAngel on :
Sold 490 DXO at 2.74.
Pocketed $3.58 and 10 free shares to add to my little portfolio and ride for the rest of my life.
Posted by R1 Man on :
I got to make a new trend....Bob Frey said this one will start having problems. So start using the new trend.
Posted by Morpheus on :
R1...what new trend do you speak of?
Posted by SoAngel on :
He means thread, rather than trend.
Posted by Madpammy on :
Another roll of the dice 185 fas * 24.40. Looking for 10% and out.
Posted by Madpammy on :
I get it, sorry to intrude. I will no longer post.
Posted by Morpheus on :
i dont get it??..madpammy..what do you say..i will no longer post?..what up?
Posted by R1 Man on :
quote:Originally posted by Morpheus: i dont get it??..madpammy..what do you say..i will no longer post?..what up?
Bob Frey the creater of Allstocks emailed me last night saying that this thread is too long and that posts will start getting deleted on their own. He said to make a new one. So don't use this one anymore but we will keep it for reference. Understand???
Posted by Morpheus on :
ah..ok..lets then start a new one and we can all meet there..good by me..R1..im over my complex now Posted by T e x on :
quote:Originally posted by R1 Man:
quote:Originally posted by Morpheus: i dont get it??..madpammy..what do you say..i will no longer post?..what up?
Bob Frey the creater of Allstocks emailed me last night saying that this thread is too long and that posts will start getting deleted on their own. He said to make a new one. So don't use this one anymore but we will keep it for reference. Understand???
True...we try to keep any given thread to about a hundred pages. I didn't notice this one had grown so long. Do you guys have a new thread, yet?
Posted by Morpheus on :
I do not know...nobody tells me anything around here..R1...if you got a new one let us in on it..cause i like your insight
Posted by SoAngel on :
![[Frown]](frown.gif)
![[Smile]](smile.gif)
![[Confused]](confused.gif)
![[Big Grin]](biggrin.gif)
![[Wink]](wink.gif)
![[Mad]](mad.gif)
![[Eek!]](eek.gif)
lmao ![[Cool]](cool.gif)
....I don't know the details of your relationship...but I wish nothing but happiness in your future! ![[Razz]](tongue.gif)
![[Wall Bang]](graemlins/wallbang.gif)
![[BadOne]](graemlins/headbash.gif)
![[Were Down]](graemlins/weredown.gif)
![[More Crap]](graemlins/morecrap.png)
![[Roll Eyes]](rolleyes.gif)
But got in at 7.50 so I am happy..Would have been happier holding, but this morning I thought I haad to work and also TNA was so far down I needed to protect a Margin call so I got out safe but too early..
![[Good Luck]](graemlins/goodluck.gif)
