This is topic What I am watching as Swing Trades 2 in forum Swing Traders at Allstocks.com's Bulletin Board.


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Posted by R1 Man on :
 
New trend....SKF is up.... [Smile]
 
Posted by Gary59 on :
 
Morning All new thread to get going today.Looks like the DOW will open red this morning, I am selling DRYS this morning on a jump.
Then I have to leave to take someone to the airport so I will be out most of the day..
[Good Luck]
 
Posted by Gary59 on :
 
Bush speaking on auto bailout at 9 this morning,would have been nice to get it yesterday at lows....Hope you held some Morpheus
 
Posted by R1 Man on :
 
Gary, your right and wow are we getting a TON of SNOW!!! You can see maybe a half mile or less for how hard its coming down.

GM is up a lot right now. Bush is going to make a statement at 9am. Hope its bad.

BAC will open lower....getting good for entry again.

Oil down again $34.53....how low can it go??? I will start to put my proseats in DIG ($27 now).

AAPL...is looking like an easy play for 5% or so.
 
Posted by Gary59 on :
 
Morning R1,
Those do look good but I will be gone at noon today so I dont know if I will get anything before I leave , but DIG would be a good hold I think, oil has to take a turn sometime soon ,they will not let it get much lower,a few people on CNBC have said 25-30 barrel range , I cant see it getting that low but already down to 38 so could be possible..DIG could be a great long hold IMHO
And the DOW futures are only down 30 now,, might open green we still have an hour for open
 
Posted by SoAngel on :
 
I might pick up some more DXO after yesterday's little gain I made on it.

I was also looking at AAPL on Wed night ... still haven't decided if I want in or not, but it does look promising, imo.
 
Posted by Gary59 on :
 
AAPL is setting near its 52 week low only 9 bucks off the low, so could be a good hold,,especially if they end up in a deal with MSFT..
 
Posted by Gary59 on :
 
Dow is now setting even,,looks like we are heading up this morning IF Bush has good news out this morning pre market.I dont think it would be bad news since he is speaking before market open..
 
Posted by Gary59 on :
 
R1 How high do you thiink F will go this morning, might pick up 100 sh to see what will happen,after thinking about it I am not going to touch it..
 
Posted by Gary59 on :
 
Well speech is over heading back down a little , wasnt any better news
 
Posted by R1 Man on :
 
Here is my thought....I think the market which is up 85 will close in the RED today.

F....I think you can flip it for 3% or so....buy $2.98-$3.10 sell.

SKF....up today and market is up....we close RED it should close around $117 or higher. [Big Grin]
 
Posted by R1 Man on :
 
Well, time to go shovel my 5 inches of snow...be back later.
 
Posted by Gary59 on :
 
It does look like its heading back into the red a tick at a time R1
 
Posted by SoAngel on :
 
Bump to get this thread above the other one.
 
Posted by Gary59 on :
 
Well I am going to get ot of here get things done before I got to Palm beach,,Have a good one guys in case I dont make it back today..
 
Posted by SoAngel on :
 
Picked up 100 shares of AGQ at 29.20.
 
Posted by Madpammy on :
 
Sorry guys, thought I was intruding.

I think 300+ green for the day. All the bad news and market has held. Decent selloff next week.
 
Posted by Morpheus on :
 
just popped into 1k of EGLE 6.62
 
Posted by Morpheus on :
 
i just bailed on all my F at 2.93..it was stuck in the mudd..better use of funds elsewhere for now
 
Posted by Morpheus on :
 
just put in a limit buy on sblk at 2.57 i had it at 2.55 ant it missed by a penny...eeeerrrr
 
Posted by Morpheus on :
 
well dudes...i live right around the corner from sherwood CC..so me and a few buds are on the way out to watch the pros chase the little white ball around the great big field...we scored some club house passes..so why the heck not..the babes are niceand its a nice day too..look for me on the TV..hee hee.. [Were Up]
 
Posted by R1 Man on :
 
quote:
Originally posted by Madpammy:
Sorry guys, thought I was intruding.

I think 300+ green for the day. All the bad news and market has held. Decent selloff next week.

I will argue that...we gonna have a sell off...retailers are gonna bring the market down.
 
Posted by Madpammy on :
 
R1 You may be right. I was thinking run up today and sell off after bad retailer news next week. 300 was probably wishful thinking.
 
Posted by R1 Man on :
 
BBI....$1.25....worth a look.
 
Posted by Madpammy on :
 
R1 You may be right. I was thinking run up today and sell off after bad retailer news next week. 300 was probably wishful thinking.

--------------------
mad

Or dreaming!!!!! Out of fas 50.00 loss. Live to play another day.

Have a good weekend, I have no good ideas right now. I need a beer!
 
Posted by SoAngel on :
 
Trying to pick up some DXO after hours at 2.60.
 
Posted by SoAngel on :
 
I am out of the game for a bit. Today, I just put a deposit on a car and I am picking it up Tuesday night. I am using my Scottrade checks to pay for the car, so I am going all cash in my account first thing Monday morning.

I plan to be back at some point, but until I have funds to trade with, I will just be watching.

Good luck everyone.
 
Posted by Morpheus on :
 
waaaas uuuuuppppp???

wynn linta are up nice in premarket..i dont normally watch them but i am now...gm and f are down..
 
Posted by Gary59 on :
 
Morning Morpheus,,
just got here not sure what is going on yet . Havent looked in a few days ,, still stuck with DRYS , has been down 2 days hoping for an up trend according to the past charting..Down a bit in pre-market though,,
 
Posted by SoAngel on :
 
Out of my AGQ at 29.96 and 29.72. All cash now so my check clears. I have about $200 to trade with, so if you see anything pop up that might double or something, lol, let me know, because the rest of my funds just went to another car.

Otherwise, I will be back trading again when I accumulate some more funds.
 
Posted by Morpheus on :
 
soangle..you should have bought a chevy..no money down and zero interest..i drive a malibu and its great..great suspension, fast and nice interior..no trouble with it at all..zero down is great . save your money for other stuff
 
Posted by SoAngel on :
 
Morpheus- Simply put, I don't like car payments. The only loan I have is for my house. I have no credit cards, no school loans (they are paid off), no auto loans, nothing. Just my house and the bills that go along with the house. I intend to keep it that way.
 
Posted by R1 Man on :
 
Hmmmm....Market is at a stand off again. Up 5...down 5. I'm wondering if it will be a RED or GREEN day. Holding 60 shares of SKF at $115.33....debating on taking a loss and grabbing F or BAC....??? What do you think?
 
Posted by Morpheus on :
 
money in your pocket..at zero percent is hard to pass up..
 
Posted by Morpheus on :
 
R1..it looks like a very slow day and most likley week..things are trending down..im liking the inverse etf..skf srs fxp...also slw and paas are in play
 
Posted by Morpheus on :
 
im a buyer of F when its back down at a buck..gm and f are dead money now..
 
Posted by Morpheus on :
 
actually..ive had a little to look over the current action and things are trending down..so with that in mink..i like SRS SNM and FXP and FAZ..im looking to play these on the bounce..
 
Posted by Morpheus on :
 
i just took a gamble on SLW..1k shares at 5.75
 
Posted by R1 Man on :
 
CNBC clowns are talking like its going to be a disaster market. Retailers are the hot topic like I predicted. They also said something about the AUTO bailout....said Bush never got approval for the money....hmmmm.....???? Interesting......????

I almost grabbed ONT at $0.2103....thought about it....but still sitting. Adding more funds to my account too.

So....OIL.....Wasn't it $33 something Friday....and now its $42 something. Whats up with that??? Shouldn't DIG be up and Dug be down???

Morpheus....can you clearify which is which between DIG and DUG. I thought DIG goes up when OIL goes up and opposite with DUG.

I think the market will close down 150-170 today.
 
Posted by R1 Man on :
 
SKF....$113.79....feeling better now....hope it keeps going up!!! Might just take my costs and run.
 
Posted by Morpheus on :
 
when oil is up dig goes up and dug goes down
 
Posted by R1 Man on :
 
Ok Morpheus.....can you explain what happened then....Am I just confused about OIL prices??? I really believe it was like $33 on Friday.....and today is $40.97. But DIG went down and DUG went up.....????

What is your prediction today about the market....and how many points?
 
Posted by R1 Man on :
 
DRYS....might be getting ripe for entry...$9.78
 
Posted by Morpheus on :
 
i cant explain the dig dug puzzle..yes oil was pretty low..but today looking at finviz..it shows down for the day...so that might explain dug going up..im gonna play the ol.."down monday..up tuesday" game this week..so i will be reversing my positions on the inverse etf at the close..most likely out of SRS and into TNA..only 100 share is all i have for now..
 
Posted by Morpheus on :
 
as much as i dont like this company..something is going on with them...PALM is making a breakout..and looks to move up from here..short term upside to 4 bucks..
 
Posted by R1 Man on :
 
BIDU....$122 is getting attractive. Haven't pulled any triggers yet but have some options now.
 
Posted by Madpammy on :
 
Anyone have any info on urz? Out today, probably playing bull tomorrow if big down today. When do shopping numbers come out? Malls were packed in Nashville this weekend.
 
Posted by R1 Man on :
 
Well the problem with Retail....the Northeast = 20-30% of sales. We are burried in snow. They say they are overstocked and expect some MONSTER companies to crash and burn. Target is even on the list.

Dow down 131 now...looking good!! Still holding SKF.....nevermind....just sold at $118.50...out with $196 gain.
 
Posted by Morpheus on :
 
the only retail worth taking a chance on is JCP and M..from what i read..they have lots of cash reserves and good sales this season..but i like other sectors to risk my funds
 
Posted by R1 Man on :
 
I grabbed 1,000 shares of C at $6.70....missed the entry a little but comfortable. Selling between $6.80-7.00. Debating. I have an order in for 250 more shares at $6.57 if it drops any lower.
 
Posted by R1 Man on :
 
Set sell on C at $6.87....will make $150 after fees. Debating on changing it to $7.00 or $8.00???
 
Posted by Morpheus on :
 
took profit on 100 shares of SRS at 66.91..i thinking up day tommorrow..will by TNA toward the close..
 
Posted by Morpheus on :
 
boy o boy..i timed SRS pretty good for once..it dropped right after i bailed..mad a couple hundred for the day..TNA took off and i did not jump in..that is it..you dudes have a good one..laters
 
Posted by R1 Man on :
 
Yep, you too. Good day for me and you....hopefully for the rest of us. Left the sell of C at $6.87....might change it tonight or early AM.
 
Posted by Gary59 on :
 
Glad to see you guys did good today I was out all day ,, and DRYS looks like it will run back up a little in the morning . I hope, after I left the other day and it fell so far I had a sell order in and with scottrade you cant have a sell and limit at the same time so I got stuck with it falling .. Back close to 10 at close so Looks like I have to hold another few days because of margin acc and If I sell now I will loose margin acc so I am going to wait a feew days to see if I can break even on it to get back to margin acc status ,, I have been away for a few days getting christmas stuff done .. Ready to pull my hair out for having to hold but DRYS has had 2 to 3 days down then runs up for 3-4 days , so I am waiting this one out ..
OK guys might be back in the morning..not sure got a lot of running to do with holidays coming wish I was in cash from a few days ago so I didnt have to worry about anything when I have to be out for the day.... Plus a short week this week to ,, and slow volume ...
Good luck tommorrow If I cant be around ( like that would help)..
 
Posted by R1 Man on :
 
Gary,

Bad news...DRYS will open even lower. Second, you should limit how much you use on Margin. If you borrow 100% of your funds then each percent is double. If you would drop 25 or more then you will be forced to sell or add funds IMMEDIATELY!!! Trust me....I got caught with my pants down with SKF a few months ago. I was in at $127 and it dropped to $70 something and TDAMERITRADE sold all my shares but 10 of them. Then 3 weeks later SKF hit $250. So I went from having some good $$$ to only $700 left. If I would of avoided that then I would of doubled my money...saying I held to $250. Just be careful.

So....Changing my sell of C to $7.00. Might as well squeeze a little more out. Won't be on much if at all Tuesday. Have my son and he doesn't let me trade until he takes his nap. Need to get a laptop. Hmmmm....tempted. I will have him M-F for a month so will be MIA for a while.

These are on my list currently:

BAC
NCC
C
ONT
F
X
OSK
JDSU
SYK....have to research more...just saw it and thought it was interesting.
CAR
VG
VC
HAYZ
MAS...think it will go lower (Auto stock)
HL
CAT
UAUA
AAI
DAL
LVLT
AUY
AAPL
S
ACE....pretty solid company and pays DIVYs. This is a long term stock.
SKF
DIG
DUG
SRS

I have way too many to list and got stuff wrote down everywhere. Have to get organized and clean my office up.

Well, not suggesting anyone to buy any of the things I posted but its what I keep my eyes on.

I am planning on dropping $1,000 on ONT and start grabbing DIG for July-August sale. Just not ready yet.
 
Posted by R1 Man on :
 
Also going to start doing EQUITY TRADING....someone called it something else but its my view. What I do is buy a stock. Predict a selling price. Sell only enough stock to match what I paid and keep the remaining shares as EQUITY. Can't do it everytime I buy and sell something but selling C at $7.07 now and keeping 50 shares. This will keep me out of trouble with any Margin Problems if I would get out of line.
 
Posted by SoAngel on :
 
R1 Man- That is what I do, but I call it "taking profit in shares" so I can build a portfolio of stocks. Even when I went "all cash" yesterday, I am still riding all of my free shares that I got by taking profit in shares, rather than cash.

Good luck!
 
Posted by R1 Man on :
 
Great SoAngel,

C will open higher today...might hit my sell...$7.07...???

DUG will open $4.00+ lower at $28+

DIG will open lower at $25.15

BAC will be flat at open $13.50 range

AAPL will open higher, up a buck

DRYS will open around $9.25 so might grab that or DUG.

SRS.....housing numbers come out today....hmmmmm!!!!

Back to my son....will try and get back at open.
 
Posted by Morpheus on :
 
WTF is up with these ETFs dropping 30-45%?? SIJ SSG SRS MZZ SKK DUG to name a few..
[Were Down]
 
Posted by R1 Man on :
 
Sold 970 shares of C at $6.88 and bought 1,200 shares of C at $6.55. Selling 1,130 shares at $6.70.
 
Posted by R1 Man on :
 
quote:
Originally posted by Morpheus:
WTF is up with these ETFs dropping 30-45%?? SIJ SSG SRS MZZ SKK DUG to name a few..
[Were Down]

No idea....I was wondering the same. But I think SRS, DUG are buys now. [Big Grin]

Ok, will come back later....have to take care of my son.
 
Posted by Morpheus on :
 
that is just some really scary stuff..more good reason to NOT hold overnight on the ETFs..i do not have any at this point..most ALL!!! the short ETFs are down big..what kind of game are they playing now??
 
Posted by Morpheus on :
 
this may help splain the ETF drop..
ProShares ETFs Declare Distributions

http://finance.yahoo.com/news/ProShares-ETFs-Declare-bw-13897224.html

NOT COOL..is you own them..
 
Posted by R1 Man on :
 
Sold C and kept 100 shares now. So what is next to buy, Thinking BAC. Haven't played that one for a while now.
 
Posted by R1 Man on :
 
F....I think it will drop below $2.00. If it hits $1.75 I am jumping in feet first!! I think it may see that level next week. So even though its cheap....stay away for now.
 
Posted by R1 Man on :
 
Hmmmm....C is getting cheap again. I think I will play it one last time. Setting buy at $6.59 for 1,200 shares.....ok in again. Exit is $6.72 or higher.
 
Posted by R1 Man on :
 
I'm trying to grab 700 shares of VG at $0.701....got 360 so far. This is for long.
 
Posted by R1 Man on :
 
Changed my sell of C to $6.80. Off to make lunch. Good Luck all. Be back around 2:30-3
 
Posted by Morpheus on :
 
im watching DXO..its tied to oil..
 
Posted by greenman on :
 
quote:
Originally posted by Morpheus:
im watching DXO..its tied to oil..

You're watching this to continue the down trend? That what you mean? Oil goes down, shouldn't this follow?
 
Posted by Madpammy on :
 
Morpheus, do you think a down day today.

Holding srs * 57.55, Also picked up some xrit and azk
 
Posted by R1 Man on :
 
quote:
Originally posted by greenman:
quote:
Originally posted by Morpheus:
im watching DXO..its tied to oil..

You're watching this to continue the down trend? That what you mean? Oil goes down, shouldn't this follow?
Yes you are right greenman. However, it has some huge potential just like I agreed with Ace on the HotStocks thread. Its one that could run to $12-15 or even higher. This thread is a mixed one. Almost everything we post here you can usually hold for a few days, months and even years. Its about how the market SWINGS. We play those stocks and funds that move with the market while keeping an eye on those that are seasonal like the OIL, METAL, MISC stocks and funds. I hope that answers your question. But I don't see how you could go wrong with WATCHING DXO for a good swing and for a 6-7 month hold.
 
Posted by R1 Man on :
 
Well, it does apear to be a down day. Not sure where we will close at. Yesterday I said it would be down 150-170 points and it was for a while then closed down slightly. I would suspect it will be around -40.
 
Posted by Madpammy on :
 
Is tomorrow selloff or Santa rally?
 
Posted by Morpheus on :
 
im betting on oil continue to fall..im in DUG here 200 shares 28.85
 
Posted by Morpheus on :
 
im thining tommorrrow more like today ..a slow selloff..DOW is now down 5 days in a row..??
 
Posted by Madpammy on :
 
Holding SRS *37.55, looking bear (Bah humbug) again. Have 3K to invest but where.....?
 
Posted by Morpheus on :
 
madpenny..pick up DXO at 1.90 and sell at 2..it could happen today a few times possibly..also PLD on the pullback..if it hits 11..
 
Posted by Madpammy on :
 
Tried to pick up dxo * 1.90. didn't trigger.
 
Posted by Madpammy on :
 
Merry Christmas all. Thanks for your help. May try to pick up DXO after hours at 1.90. Oil in the 20's before long.
 
Posted by Morpheus on :
 
merry merry holidays to all..
 
Posted by R1 Man on :
 
This was a good day for stocks. Market closed up 50 points. Most stocks are flat or up. Did anyone grab and C when it was $6.50s??? Hope someone did. Selling at $6.80...but may change it higher Friday. Not sure yet.

DXO is at $1.72. I'm going to drop about $1k into it and hold it until July-August. Will likely buy it Friday....but how low will it go??? I think long term it doesn't matter in price but short term, it may get as low as $1.30s. Not really sure but possible. Obviously if that would happen I would drop lots more $$$ into it.

Lets not forget about this site Morpheus posted on the other thread. http://www.finviz.com/ Great for everything.
 
Posted by Madpammy on :
 
Good thing I looked at DXO before I set limit buy. I was thinking it was an inverse etf.
 
Posted by Morpheus on :
 
morning..whats the good word peps??
 
Posted by Gary59 on :
 
Morning All, looks like a green open wonder if it will carry through the day ?
Not sure , but I might be out most of the day as well..
 
Posted by Morpheus on :
 
picked 200 more PLD at 12.40
 
Posted by Gary59 on :
 
Looks like F and GM are runnning up pretty good this morning ,, too bad I didnt get zny last week but I was waiting for under 2 bucks again,,Was there any news out on them to make them run up ?
 
Posted by Gary59 on :
 
Well I have been away for a few days with christmas and all ,, looks like the dow might walk up for a few days since we have had so many red days in a row with the dow maybey the techs stocks will keep in in the green today for a nice monday run up as well..
 
Posted by AJGrano on :
 
damn man, I was thinking about picking up some JNY Jones New York and look at that baby pop! Just curious but is anybody looking at FCH? steady movement in the past few weeks and look at that dividend. thinking about picking some up at 1.70ish.
 
Posted by R1 Man on :
 
What to buy....????
 
Posted by Morpheus on :
 
i hit my stop on PLD on the pullback..didnt really think it would pull back that much im out at 13.47 looking to buy back in around 12.50 if it drops that much..hmmm
 
Posted by AJGrano on :
 
looks like you might get that 12.50 dip you were looking for. trading now at 12.77, hit 14.73 earlier today.
 
Posted by R1 Man on :
 
Gonna grab C again...Maybe $6.70 and sell $6.82
 
Posted by R1 Man on :
 
Think I will hold off until around 2pm. Good Luck all!!
 
Posted by R1 Man on :
 
DXO moved back up to $1.90. I was debating earlier at grabbing it at $1.79-1.80. [Frown]

So, doing some DIVY research. Take a look:

RCR...$1.90....pays a 227% Divy. Pays $0.35 divy right now.

CFP...$7.00....pays a 36% Divy. Pays $0.20.

C is $6.69....might jump on it again very soon.
 
Posted by R1 Man on :
 
CME worth a look too. $182
 
Posted by R1 Man on :
 
Put in a Buy for C at $6.60. Got stuff to do.
 
Posted by R1 Man on :
 
Debating on grabbing S at $1.62. Hmmmm.....think it will go back to $2.00 soon.
 
Posted by R1 Man on :
 
Put in a order for 2300 shares of VG at $0.68.
 
Posted by R1 Man on :
 
Guess this is the R1 Man show today. Ok...off to get more stuff done. Be back before close with my fingers crossed!!
 
Posted by Madpammy on :
 
Put in an order for dxo * 1.80. May hold for a big gain.
 
Posted by Madpammy on :
 
Out for the rest of the day R1. Good luck. Didn't do much today anyway.
 
Posted by AJGrano on :
 
I was looking at GGP earlier in the day when it hit .90. Should've picked some up cuz its at 1.20 now, ugh. I can't wait until my next check next friday
 
Posted by R1 Man on :
 
Only got 700 more shares of VG at $0.68. So, have a great weekend all.
 
Posted by R1 Man on :
 
Hmmmm.....I'm predicting a down day today....so should be some bargins today.

Watch FRE, FNM this week. They been getting some attention and movement lately. Not sure which to play....short or long. Debating on shorting and making some easy money but scared!!
 
Posted by R1 Man on :
 
Hmmmm....short FRE, FNM, PAL....??? any thoughts?
 
Posted by R1 Man on :
 
Grabbed C at $6.68. Selling at $6.83. Grabbed 1,200 shares.
 
Posted by R1 Man on :
 
quote:
Originally posted by R1 Man:
Hmmmm....short FRE, FNM, PAL....??? any thoughts?

Should of shorted FRE or FNM at $0.85....currently $0.74.... [Frown]
 
Posted by Morpheus on :
 
i say play the bounce on fre and fnm and pwav..
 
Posted by R1 Man on :
 
Well, the market looked GREEN this morning and then crapped out. Its down 90....I think down 210 will be the close.
 
Posted by Morpheus on :
 
ive held SLW for some time now and its been moving up..cant argue with that
 
Posted by Morpheus on :
 
r1...what you playing today..if anything?
 
Posted by Madpammy on :
 
Out of SRS with 6% profit finally. Looking bull tomorrow if it stays down 100 + today. How long before oil starts back up? China increasing imports.
 
Posted by Morpheus on :
 
madpammy..
what is looking bull...the dow? or SRS?
 
Posted by Madpammy on :
 
I think the dow, for tomorrow then down wednesday.
 
Posted by Morpheus on :
 
yeah..me too..im playing the down monday, up tuesday trade..just poppen into URE..5.27..
 
Posted by Madpammy on :
 
I want TNA * 27.50 may have to take it at 28.00
 
Posted by Madpammy on :
 
only bought 50 shares of TNA * 28.99. Prob. have to average down tomorrow.
 
Posted by Madpammy on :
 
Would have liked dow to stay down over 100 but I still think green close tomorow.
 
Posted by Madpammy on :
 
Hope you all did well today. I was looking at nfld at .47 today but didn't buy. They have an article coming out in Jan about their blood substitute.....
 
Posted by R1 Man on :
 
quote:
Originally posted by Madpammy:
I want TNA * 27.50 may have to take it at 28.00

Good catch!! Bid is $30.15.

URE...Bid $5.48...good catch Morpheus.

I grabbed C Monday at $6.68....missed that completely.... [Frown] Never thought it would drop below $6.60. But bid today is $6.65. Beats the low of $6.51 yesterday atleast. Still holding 1,400 shares of VG. In at $0.70 average. I have a maintance call of $265 so have to add some funds or sell something. Have to check $$$ in the bank.

DRYS looks good...$9.17

But yesterday I almost bought SRS at $56 instead of C....wish I had [BadOne]
 
Posted by R1 Man on :
 
Ok, have my son so be back around 2. Good luck all!!
 
Posted by Morpheus on :
 
morning and thanx R1..a few days ago i really thounght oil was still trending down..i looks like the trend has changed for now..i bought DUG instead of DXO and now its a big mistake..errrrr
 
Posted by deathtoradio on :
 
A few look good today. If they hit my target prices I'll snap some up:

VG at around .65
BBI at 1.13
VGZ 1.15
 
Posted by Madpammy on :
 
Wish I had picked up nfld.
 
Posted by Morpheus on :
 
madpammy...hind sight 20-20..did we know about this yesterday?
 
Posted by Madpammy on :
 
I looked at it at .52 but wanted to buy at .42 I didn't think the FDA would look at it until jan.

I got greedy.
 
Posted by Madpammy on :
 
I don't have a margin account but if I did, I might short NFLD. They haven't been approved, the FDA is just going to consider their application. Up 116% today. Might drop like a rock.
 
Posted by Madpammy on :
 
Out of TNA at 31.00
 
Posted by Morpheus on :
 
laters
 
Posted by Gary59 on :
 
Morning All ,, been out a few days doing holiday crap and went fishing as well..
Back for a little trading most of the day today.Reading last few days post looks like you all have done good..
Anybody do any DD on CBAK ?? I am just checking it out and was down to new 52 week low yesterday but haad news out on the 29th about a loan for production and research , and it dropped like a rock yesterday to new low....
Might get some for a rebound this morning unless I find more bad news ...will post if I locate any info on why it went down..
Good luck today..
 
Posted by R1 Man on :
 
quote:
Originally posted by Madpammy:
I don't have a margin account but if I did, I might short NFLD. They haven't been approved, the FDA is just going to consider their application. Up 116% today. Might drop like a rock.

Maybe I will short the hell out of it [Big Grin]
 
Posted by R1 Man on :
 
Set my sell on C for $6.90. Well, back to my son. But hmmm....I am tempted to short that stock....any stock that moves from $0.25 LOD to $1.25....yeah....should be safe to short.

Also might grab SRS at $55-56 or SKF at $110
 
Posted by Gary59 on :
 
Well I didnt get CBAK at pre market didnt look like any volume pre market now up 29%
 
Posted by Gary59 on :
 
DRYS up to 11.12 HOD so far..
 
Posted by Madpammy on :
 
Good luck today. I have no cleared cash to invest. Be back in Friday. Happy new year , ya'll!
 
Posted by R1 Man on :
 
I can't believe the market. What I don't understand is how the market goes up and C and BAC goes down???

Never got to sell anything. Tried to pinch a few extra pennys and missed the boat completely!! NFLD...I seriously was gonna short that stock. RRRR!!!!
 
Posted by R1 Man on :
 
quote:
Originally posted by R1 Man:

Also might grab SRS at $55-56 or SKF at $110

Wow...how low will they go. SRS dropped below $54 and SKF at $108 now. Morpheus....what are your thoughts??? Will this be another run up today where DOW closes up over 150 points....I'm thinking it might close over 200 today.
 
Posted by Morpheus on :
 
im in SRS at 55.50 and again at 53.65 total of 100 shares 50 a pop
 
Posted by Morpheus on :
 
im really ung at this price..22.70
 
Posted by R1 Man on :
 
Grabbed 100 shares of SRS at $53.30.

Still have money to burn. Sold C at $6.80.
 
Posted by R1 Man on :
 
Morpheus....you still got DXO??? Wish we all had bought that one.
 
Posted by R1 Man on :
 
Hmmmm....up over $100 on SRS....sell and buy back in lower....hmmmm???? Tempting!! I have 0 day trades too
 
Posted by Morpheus on :
 
i soled out of DXO at the close yesterday..looking to buy back closer to 2 bucks..with te oil news going down it looked like it could have happened today ..but not bimmer
 
Posted by Morpheus on :
 
...bummer
 
Posted by R1 Man on :
 
Should of sold...back at $53.30s....grabbing 50 more shares.
 
Posted by R1 Man on :
 
I could buy up to 170 more....but not gonna hang my stuff out there that far. So, you gonna grab anymore and what is your exit point Morpheus??
 
Posted by R1 Man on :
 
BLAH....grabbed 50 more at $53.30 and now its below $53....Dang!!!
 
Posted by R1 Man on :
 
How about that....bought SRS and down money and sold C at $6.80 instead of my $7.00 sell point. Doh.....backwards day I guess.
 
Posted by Morpheus on :
 
it depends on the last 30 minute push on the dow
for any more srs..i only hold the 2 positions
 
Posted by R1 Man on :
 
damn....I can't believe how low it went...$49.75. Damn....missed the boat and jumped into the water I guess.
 
Posted by Morpheus on :
 
im still in srs and bought tza with 15 minutes till close at 45.60..up 2 pts from there..otherwise i had a crappy day..here are some of my picks that are movers and shakers comming up to play..
XTXI LAB ABD CBG PLD DXO USG IDEV DRH SONS KNXA MTRX XIDE DRYS MCBC RVI EGLE SBLK JAS GRB
 
Posted by R1 Man on :
 
Good Morning everyone and Happy New Year! Well, I think its gonna be an up day. The Nikkie is up 112...oil down....thinking we could see a 60 point gain today. [Frown] Well, I'm tired today...son woke up at 7am...yuck!! Still holding 1400 VG * $0.70......selling at $0.85 and 150 SRS * $53.30....selling at $55.

Good luck all....gonna be a busy day for me. Be back later.
 
Posted by Madpammy on :
 
Does it mean anything that TZA and SRS are at all time lows?
 
Posted by Gary59 on :
 
Morning all ,,
Madpammy, I dont think with an ETF that makes a difference. They are based on the market that they are based..Also most ETFs are fairly new to trading so a 52 week low might only be an average for 3 months like with TNA TZA..Only started trading in November. Just my opinion on that..
Good luck today
 
Posted by Gary59 on :
 
DRYS has really done good the last few days ,, I am still holding from 12.35 hoping to re-coup from that one.. But is up 2 to 3 bucks the last few trading days..Would have been a good flip if I didnt get stuck on margin balance last week..
 
Posted by AJGrano on :
 
quote:
Originally posted by R1 Man:
quote:
Originally posted by Madpammy:
I want TNA * 27.50 may have to take it at 28.00

Good catch!! Bid is $30.15.

URE...Bid $5.48...good catch Morpheus.

I grabbed C Monday at $6.68....missed that completely.... [Frown] Never thought it would drop below $6.60. But bid today is $6.65. Beats the low of $6.51 yesterday atleast. Still holding 1,400 shares of VG. In at $0.70 average. I have a maintance call of $265 so have to add some funds or sell something. Have to check $$$ in the bank.

DRYS looks good...$9.17

But yesterday I almost bought SRS at $56 instead of C....wish I had [BadOne]

Nice call on DRYS. wanted to get in around 9 but had no money in my account
 
Posted by Madpammy on :
 
On the fence today. Got 50 shares of TZA * 46.50 just to test the water.
 
Posted by Morpheus on :
 
happy happy...i discovered this site and im really liking it...go to set you own portfolio and watchlist so try it out and maybe we can pick some good stuff this year..
http://www.bestfreecharts.com/
 
Posted by Gary59 on :
 
quote:
Originally posted by Madpammy:
On the fence today. Got 50 shares of TZA * 46.50 just to test the water.

Good test ,, up now with market turning [Good Luck]
 
Posted by Gary59 on :
 
quote:
Originally posted by Morpheus:
happy happy...i discovered this site and im really liking it...go to set you own portfolio and watchlist so try it out and maybe we can pick some good stuff this year..
http://www.bestfreecharts.com/

Great charts Morpheus , I will be setting that program later looks really good..
 
Posted by Gary59 on :
 
I am selling some DRYS at 12.50 to free up cash and am going to keep a few shares in my portfolio for later on down the year..
 
Posted by R1 Man on :
 
quote:
Originally posted by Gary59:
I am selling some DRYS at 12.50 to free up cash and am going to keep a few shares in my portfolio for later on down the year..

Good for you!! My son is soo crabby today. [Frown]

SRS hit $53.47 then crashed again... [Frown] VG is up slightly. I think C can still be flipped pretty easy. I think SKF might drop into the $90s today....if the market closes up it should be there so be careful.

So what is everyone's goals for $$$ this year. I am looking at making $50k trading this year. That is my target. Seems high but highly possible. Got to recover my big screw up last year....yuck!! Down $17-18k. I'm thinking I will be at $20k by April. Then it will get easy making money.
 
Posted by Gary59 on :
 
DOW chemical just hit new all time low , might grab a few to add to long term holdings..
 
Posted by Morpheus on :
 
im really liking YRCW and will buy on a pullback
 
Posted by Madpammy on :
 
Bought another 80 shares of TZA * 45.60. Total 133 * 45.96 looking for 10% or better.
 
Posted by Morpheus on :
 
just sold half my MSFT at 19.94..to free up some mola..took a small loss on those but that ok..it could drop from here
 
Posted by Gary59 on :
 
Just got 50 sh of ERY at 34 looking for a turn around now..
 
Posted by R1 Man on :
 
quote:
Originally posted by Gary59:
Just got 50 sh of ERY at 34 looking for a turn around now..

I don't like that one. You better hope for a huge down day....or it could go way lower. But try and sell at $35.
 
Posted by Gary59 on :
 
Thanks R1 , I grabbed it because it was down 3.50 bucks for the day and based on energy sector ,, I will be getting out quick . but looks like heading up a little so far ..
 
Posted by R1 Man on :
 
I think you will have to settle for a small loss. Its a new ETF and ETFs trading is completely new to me. That one is based on a bear market and I'm not so sure that the market will go down much anymore with Obama coming into office. I think him coming in will put more trust in the market and investors will come out of hiding.
 
Posted by Madpammy on :
 
I was thinking when it went up 150 early that it would sag later in the day. That's when I bought bear (TZA) It still could but more likely will finish with a 200 point + gain now.....but only one day in the last 7 has been down.
 
Posted by Morpheus on :
 
anybody calling down from this point??..dow at 185
 
Posted by Morpheus on :
 
still 1:45 min left..its anybody call..
 
Posted by Madpammy on :
 
Idk. I think green finish but I still can't imagine it staying around 200.
 
Posted by R1 Man on :
 
I think it will close higher then 230
 
Posted by rajthebam on :
 
i do too
 
Posted by Morpheus on :
 
im liking SMN and ERY at these levels..you gotta say what is monday going to be?? red or green..if you thinking red..those are good picks
 
Posted by Madpammy on :
 
Hey R1, how about 300?
 
Posted by Morpheus on :
 
im in 100 shares SMN at 34.65
 
Posted by Madpammy on :
 
Still in TZA * 45.96 holding for selloff Monday. Had a run up at the close.
 
Posted by Morpheus on :
 
for your interest..
http://www.alaron.com/energy_report.aspx
 
Posted by Gary59 on :
 
Thought ERY was going to bounce earlier got in at 34 out at 33.50 only 50 sh so not a bad loss,,DRYS got back up to my buy price got out of 100 sh at 12.50 then holding 200 more for next week , but closed at 12.50 so still ok ..
Hope you guys have a good weekend and will be back monday (hopefully)..
 
Posted by deathtoradio on :
 
I'm thinking about buying some RAD at .31 and just sitting on it for a month, with hopes it'll hit .40. Any thoughts on that one?

That or I might go long on AMD. I'm torn between the two ideas.
 
Posted by Gary59 on :
 
Morning All.
DOW futures are looking like a red open this morning , not sure if it will hold all day but more bad employment news out this morning..
AAPL up this morning
 
Posted by Madpammy on :
 
I am thinking about DOW * under 15.00 selling at 15.75 , AMD * a pullback under 2.00. Holding TZA for profit today hopefully.
 
Posted by Morpheus on :
 
here is my ringer of the week...SIRI
 
Posted by AJGrano on :
 
quote:
Originally posted by Morpheus:
here is my ringer of the week...SIRI

3,373,006
Volume

09:30:47 AM
Trade Time

damnnnn. thats crazy so early
 
Posted by Morpheus on :
 
siri is gonna be a 10 bagger in the comming months
 
Posted by Madpammy on :
 
I noticed that last night on one of the other threads. Put in a limit order *.11. Maybe I should go ahead and buy it?
 
Posted by Morpheus on :
 
i got a limit at .115 on siri..so im waiting right now for a pullback
 
Posted by Gary59 on :
 
Well I got out of most shares of DRYS at 13.75 holding 20 shares for long they where part of profit,, So keeping some for long term..Now looking at what to get into now..
 
Posted by Gary59 on :
 
LVS is running up again..Up a buck today..
 
Posted by Gary59 on :
 
Morpheus, hope you still have some JASO and SOL they look like they are getting ready to move up a bit,, I might grab a little on a dip soon
 
Posted by Gary59 on :
 
TRIS has been up to 1.50 from .74 now back to 1.25 , low volume on it though..
 
Posted by Morpheus on :
 
i bumped my bid on siri to 12.5
 
Posted by Madpammy on :
 
Anybody want to guess which way from here? Still holding TZA * 45.96 hoping for some profit.
 
Posted by Morpheus on :
 
i gots TZA too..i say dow down from here
 
Posted by Madpammy on :
 
Picked up 7500 shares of SIRI * .1284 earlier. Let's see what it does.
 
Posted by Madpammy on :
 
Morpheus, are you going to hold TZA for tomorrow?
 
Posted by Morpheus on :
 
yep...tza and srs and smn and dug ..its a tuff call ..but thats my call
 
Posted by Morpheus on :
 
im playing the 9000 dow resistence game..
 
Posted by Madpammy on :
 
Well......held TZA, should have sold when it was over 47.00 this am. Like you said, 20/20 hindsight. It just didn't seem to move much after this morning.
 
Posted by Madpammy on :
 
Morpheus, do you think the Dow will struggle to stay at or above 9000?
 
Posted by AJGrano on :
 
quote:
Originally posted by Morpheus:
siri is gonna be a 10 bagger in the comming months

maybe but who really has sirius and not an ipod now a days? haha
 
Posted by Morpheus on :
 
tagged another 50 shares and tza at 43.45 and 1000 F 2.68
 
Posted by Morpheus on :
 
maddpam...i think that 9k dow is the ceiling and resistance to the upside
 
Posted by Morpheus on :
 
picked up more SIRI at .139..also ready to buy XTXI on a pull back around 5.75
 
Posted by Morpheus on :
 
anybody making mola today??
 
Posted by Gary59 on :
 
I am in cash other than the 20 sh of DRYS I held for profit and long term..other than that been away most of the day ,, trying to figure out what tommorrow will bring to get a bear or bull etf for tommorrow,, The DOW does look like 9000 resistance level now so until it breaks that we will be up and down days, still looking for bottom..Thinking about LVS again ,, was up over 9 today and fell back to 8 range ,,Have had HIG and LVS on my list from when we played it a few months back,,
 
Posted by Madpammy on :
 
About even money. Losing on TZA. DRYS positive and DIG goes back and forth. What do you know about CDTC? ETRADE wouldn't let me buy it yesterday * 3.00
 
Posted by Gary59 on :
 
Not sure if anyone has been watching AIG but 10 day chart is showing a squeeze coming up on the charts and news has been out on sales of parts of the company to get cash to pay off gov loans.. SMA lines showing a bearish trend , so I am thinking that it might just head up in a few days after a little dip..It has been trading sideways for the last week with no big up or down movement but still has good volume on the stock .. My plan is to pick up a few shares over the next few days if it drops back to 1.50 - 1.60 range..Just my plan so it will probably hit .50 in the next week or so.. [Big Grin]
 
Posted by Morpheus on :
 
well then...i guess not..
 
Posted by Morpheus on :
 
i put in a bid on S at 2.27
 
Posted by Morpheus on :
 
im all short and im getting hammered..what up with that?? any body here feel the market is ready to tumble?
 
Posted by Madpammy on :
 
I HOPE it tanks in the last hour. Since I am down 10% on TZA now, it will continue to rise.
 
Posted by Madpammy on :
 
What do we need a stimulus for, the market is taking care of itself. January 6 and Dow over 9,000. 1500 point climb in a little over a month.
 
Posted by Morpheus on :
 
looks like a shift in momemtum on oil..should be a down day tommorrow.. : [Wink]
 
Posted by AJGrano on :
 
quote:
Originally posted by Morpheus:
i put in a bid on S at 2.27

I was actually looking into Sprint a few days ago, its had a nice little run in the past week I think...
 
Posted by R1 Man on :
 
I'm back home now. OSU blew the lead with 16 seconds to go. YUCK!!! My friend's computer didn't work at all so couldn't trade anything Monday and Tuesday. Will be making some money Wednesday....I hope.

Well, I changed my sell on SRS to $58 from $57 right before I left....DOH!!! Hit $57.14 today and closed at $49.74. I was up $574 today and closed down ($534)....thats $1110 change. DOH!!!

I never did load up on my ONT at $0.20 like I was going to. Its at $0.35 now....DOH!!!

I did sell C at $6.80 to buy SRS....DOH!!!! $7.46 now.

FRE and FNM....I am thinking SHORT!!!....but money is tied up.

S was on my watch list when it was $1.75.

DXO....WOW!!! $3.45 now....we could of grabbed it at $1.65....thought it would take longer and didn't want to tie money up in it. DOH!!!!

Well, will be up early Wednesday. Good Luck everyone.
 
Posted by Madpammy on :
 
Bears might get back on track today.
 
Posted by Morpheus on :
 
morning...once oil takes a turn..its DTO that you want to be all over..so lets keep an eye on it..
 
Posted by Morpheus on :
 
http://www.livecharts.co.uk/MarketCharts/crude.php
 
Posted by Morpheus on :
 
just bailed on TZA for profit and will buy into tna
 
Posted by AJGrano on :
 
quote:
Originally posted by Morpheus:
anybody making mola today??

I'm killin' it with ACTC, but I'm going to hold it for awhile
 
Posted by R1 Man on :
 
Damn...I was really going to load up on ONT last week at $0.20....its now at $0.44. DAMN!!!
 
Posted by rajthebam on :
 
ONT woudl have been a good one...
 
Posted by Madpammy on :
 
Out of TZA with small loss. Looking at NFLD if it gets under 1.00.
 
Posted by Gary59 on :
 
Got 75 sh TNA at 35.27
 
Posted by Morpheus on :
 
im playing the DXO and DTO trades today..also TZA and TNA and doing good... buy low sell high
 
Posted by Morpheus on :
 
dxo comming up on a buy
 
Posted by greenman on :
 
quote:
Originally posted by Morpheus:
dxo comming up on a buy

Yup, bring it on down some more.
 
Posted by Morpheus on :
 
i watchin the 1 minute ticker on oil the trend is down but its stair steppin..
http://www.livecharts.co.uk/MarketCharts/crude.php
 
Posted by rajthebam on :
 
dxo at 3.10 and holding still....you guys make ur move yet?
 
Posted by Morpheus on :
 
not yet..but it will be fast and short..just goiong for a dime move on this one..make a quick C note
 
Posted by Morpheus on :
 
raj...oil has hit a ceiling..and is trending down..im holding DUG for the swing trade as it will move up from here..im in at 27 ..24.50 and yesterday at 20.90..for a total of 200 shares..so thats my thinkning
 
Posted by greenman on :
 
I'm going wait for a bit. Won't buy today. There are a lot of stocks right now that need to retrace since the first of the week went fairly well.
 
Posted by Morpheus on :
 
i have a bid in for DXO at 3.03 ant it did not hit
errrr
 
Posted by Morpheus on :
 
it just picked it up 1k shares at 3.03
 
Posted by Morpheus on :
 
im in TNA 34.25
 
Posted by Morpheus on :
 
bailed on DUG at 23.62 for the short term
 
Posted by Morpheus on :
 
any body else trading?? w [Good Luck] hat up?
 
Posted by rajthebam on :
 
just picked up 150 shares at 3.00
 
Posted by Morpheus on :
 
raj..wont be enough to cover your commission you need to go short for the swing trade..whatever
 
Posted by Morpheus on :
 
the minimum you need to trade to make mola on this is 400 shares...10 cents is 40 bucks less 14 commision you clear 27 bucks..comon dude do the math
 
Posted by Morpheus on :
 
unless you have IBD or tradestation...only 1 cent per share..then you might make mola
 
Posted by R1 Man on :
 
quote:
Originally posted by rajthebam:
just picked up 150 shares at 3.00

You can always park you butt on it and sell in July [Smile]

Ok...SRS....scratching my head on this....whats do you think Morpheus?
 
Posted by rajthebam on :
 
that was the plan...i dont mind sitting on this one for a month or two....figured if i can make even 50-60 bucks i m good....i remember the % gain....
 
Posted by Morpheus on :
 
i juat sold SRS at 53 for profit and will by back on the pullback..i feeling the DOW down for a few days from here so im picking up TZA and SRS on pullbacks...most likely i will but crazy limit bid on stuff like 10% the closing price on volitile stuff for the morning open bell..cause thing spike down and then retrace..it works for me in this enviroment
 
Posted by Morpheus on :
 
raj..its not the % gain..its the percent of the move..10 cents on a dollar is just as good as 10 bucks on 100 dollars..get it?
 
Posted by R1 Man on :
 
Hmmmm....Debating still. Just broke even. Sell and then Sell it Short....hold for $55 or higher....sell and buy or short something else....???
 
Posted by Morpheus on :
 
im playing TNA right now for the DOW comback ..sort of i think?? [Confused]
 
Posted by rajthebam on :
 
10 cents on a dollar is 10% gain and 10 bucks on 100 dollars is also 10% gain....i am comfortable with even 5% gain...if i can get that, i dont mind selling the equities....thats why i listed % gain.....considering the short timespan i hold the stocks, effectively its even bigger % gain on your initial investment..dont you agree?
 
Posted by Morpheus on :
 
raj...with a 350 dollar buy in..to make money..it hase to go up 20%..to clear commissions..your are on a slow moving train to the poor house with trades like that my friend..oil has turned the corner and DXO is when oil is going up...you better off holding DTO..3 shares is the better play
 
Posted by Morpheus on :
 
raj..for a buy and hold..do what i did..im incrementent buying into SIRI...it will go up this year..and make 1000% on your money..thats my prediction..bank on it
 
Posted by rajthebam on :
 
well i thought abt that when i was considering DXO - but in a day it moved about 12% didn't it today?
 
Posted by Morpheus on :
 
i bailed on DXO lost 10 bucks.....big mistake..it has really slowed down..ant will tank from here...all the news and oversupply will bring down oil from here..
 
Posted by Morpheus on :
 
im out SKF 110.75...still will head highr on any weakness in the market so im looking to get back in on a pullback toward close
 
Posted by Morpheus on :
 
i got a GTC bid on CAR at .87 ...3000 shares..
 
Posted by Morpheus on :
 
alos for tommorrow open im putting in bids for DRYS at 12 and EGLE 6.70
 
Posted by Madpammy on :
 
Morpheus, do you think we have a good upside for tna tomorrow or bail before close?
 
Posted by Morpheus on :
 
i bumped my GTC bid on drys to 11.30 for the open in the am
 
Posted by Morpheus on :
 
now bid at drys 11 for the open..im thing a dow down day at the open
 
Posted by Madpammy on :
 
Morpheus, I am in a rut holding too long. I have been up on everything but I am holding for big bux. What is a realistic % for profit. I'm down 700 from Christmas from just holding too long. Average $ 2k per trade.
 
Posted by Madpammy on :
 
Ave purchase value of 2K.
 
Posted by Morpheus on :
 
laters
 
Posted by Morpheus on :
 
mad..take small positions and be very awary of the overall direction of the market..it is now in a down trend..so play etf's that go up in this market
look at www.finviz.com and the heatmap..pick on the EFT tab and study this it will give you ideas..good luck..i had a great day today up about 1500 bucks.. in a down day..not bad and only taking $4-6 dollar positions on any one holding..im liking at this point DUG DTO SKF and SRS to name a few ..get to know what this symbols are leveraged to and go from there..good luck mad
 
Posted by Morpheus on :
 
another tip...during the last 20-30 minutes..if the dow is down or up real big...look for a retracement and play TNA (in a dow down day and TZA in a dow up day retracement)..works for me and maybe you too.
 
Posted by Morpheus on :
 
take today for example..dow down hugh..i tagged into TNA at 24.25 50 shares and 50 more at 33.60..slod all at the close and made over 150 smackers in 20 minutes
 
Posted by Morpheus on :
 
have a good one..ta ta for now..
 
Posted by Gary59 on :
 
Ended up with 125 sh TNA at 35.00 ave , bought too early and wasnt aaround most of the day to ave down lower.. Hope we have a green open Thurs to run it back up..After market trades are at 35 now
 
Posted by Gary59 on :
 
SIRI ask is up to .145 this morning, wonder if it will hold out through the day?
Pre-Market down this morning overall but still early..
Good luck today..
 
Posted by Gary59 on :
 
TXCO might come up a little this morning it was down 28% yesterday..
 
Posted by Morpheus on :
 
yo dudes...has it shakin this am??
 
Posted by Gary59 on :
 
Morning Morpheus,
Futures where down 130 earlier and now just down 80, so dont know where its going this morning..Might open red then head up later in the day in my opinion..
 
Posted by Gary59 on :
 
SIRI is trading a lot of shares pre-market this morning..Up just a fraction but seems that interest is building on that one..
 
Posted by Gary59 on :
 
News out on SIRI 45 minutes ago might help..

SIRIUS XM Radio Presents MiRGE, the First Interoperable Satellite Radio
43 minutes ago - PR Newswire

New interoperable Dock & Play radio delivers every SIRIUS and XM channel on one radio
SIRIUS XM Radio (Nasdaq: SIRI) announced the launch of MiRGE, the first interoperable satellite radio. MiRGE allows subscribers to easily switch between SIRIUS and XM, allowing them to receive all the dynamic and exclusive commercial-free music, news, talk, sports and comedy channels and shows from both services.
 
Posted by Morpheus on :
 
im in DTO at 147.80
 
Posted by AJGrano on :
 
I'm in PLD and holding but if I had the funds I think I would constantly day trade this. don't know if anybody else has that same idea but it moves 3-7% at a time it seems.
 
Posted by Morpheus on :
 
Aj..ive made some good mola in t the last 2 weeks on PLD...its rather high now..but still good for catching the bounce plays..thanx
 
Posted by Gary59 on :
 
DRYS up a buck today even with down DOW,,And TNA not doing too bad with this red open today ..
Hoping for a turn around this afternoon..
 
Posted by AJGrano on :
 
quote:
Originally posted by Gary59:
DRYS up a buck today even with down DOW,,And TNA not doing too bad with this red open today ..
Hoping for a turn around this afternoon..

yeah I figured DRYS would be up today after such a down day yesterday. DRYS just seems too good to be down that much for too long
 
Posted by Gary59 on :
 
Last week I sold DRYS and just kept a few shares for long term profit.. I am going to start putting a few shares away from trades with profit for long term with good companies insted of taking all profit..I think we are getting near bottom with the market overall so I am setting up a small long term portfolio.. I dont want to say (wish I would have held some of that ) in a year or so..
 
Posted by R1 Man on :
 
Sold SRS at $55.20...just in time....Now $53.65...might load back up....???
 
Posted by R1 Man on :
 
Thinking of shorting 5,000 shares of LVLT at $1.14 and covering around $1.08. Hmmmm.....Nevermind.....Back at $1.07....could of made $300. Might ride back up.

SRS at $53.21....what to do?
 
Posted by AJGrano on :
 
just to reprove my point. PLD was down 10% like an hour ago, now its only down 1.5%. man o man. I need my check, lol.
 
Posted by R1 Man on :
 
Well, I can't decide today so off to make lunch and get some things done.
 
Posted by Morpheus on :
 
im playing the DXO bounce for short term..soon..i will bail on DTO and roll into DXO
 
Posted by Madpammy on :
 
Morpheus, thanks for the info. I am out today and tomorrow. Holding 66 shares of TNA * 34.95. Set limit sell at 36.00 but I don't think it made it. I am going to look over the info you gave me this weekend. I will be back Monday with free cash to invest.
 
Posted by Morpheus on :
 
no worries mad..i just missed some of my bids this morning open buy a dime and errrr.... i now have open bids on PLD $13.85 SBLK $2.58 EGLE $6.70 ..better luck in the am to me [BadOne]
 
Posted by Morpheus on :
 
i was in and out of DTO and DXO twice and still hold DTO for now ..mads a couple hundred bones..yeah..ill take it
 
Posted by R1 Man on :
 
quote:
Originally posted by R1 Man:
Thinking of shorting 5,000 shares of LVLT at $1.14 and covering around $1.08. Hmmmm.....Nevermind.....Back at $1.07....could of made $300. Might ride back up.

SRS at $53.21....what to do?

Wish I had bought LVLT at $1.03 before I went back to bed. $1.29.... [BadOne]

What can you do when your on 4 hours of sleep the past 2 days. Friday will be hard since I'll have my son.

FYI....I believe the retail sales numbers and unemployment #s come out Friday....so thinking a DOWN day on Friday.
 
Posted by Morpheus on :
 
hard to tell..im positioned for a down open..
 
Posted by AJGrano on :
 
What can you do when your on 4 hours of sleep the past 2 days.


Story of my life....I work at 11pm - 9/10am as a hotel manager and starting again in about 2 weeks I start school again taking 15 credits with classes mon-friday usually starting at 6pm-9pm. So basically the only time I get to sleep is from like 10am-4pm.....of course when the market is open. so basically I DON'T sleep haha. but screw it man, I'm done with school for good in May and I can sleep when I'm dead or retired. [Cool]
 
Posted by Gary59 on :
 
Morning All,
some anal-ist are saying that with anticipation on bad news the market has already built in a lot of the losses so it might not be as bad a drop as we think this morning..
But its hard to tell with the year we have had.I am thinking a red open and close near green or even today..JMHO
 
Posted by Gary59 on :
 
DRYS trading up over a $1 in pre market and TNA up .50 this morning pre market....One of the shows on CNBC last night where talking about the increase in ETF trading across the board starting this year as an indicator that more people are putting money back into the market now. That might be a small indicator that the market over all might be heading back up in the next few months..
 
Posted by ChumpChange on :
 
Morning,
Long time lurker...since mid 2006ish the R1 Man solo days...and longer time swing trader. Currently in FAZ * 34

Anyway, anyone know why the 'short' EFT's were down yesterday/this morning at the same time their markets were down as well.
 
Posted by Gary59 on :
 
Welcome to the board CC
Which ETFs are you asking about?
All ETFs are based on different markets so if you have a energy based ETF then it will follow that market not just the DOW..
There are ETFs on any sector there is.
FAZ is a short fund based on the financial index..Not nessisarily the DOW or NASD or S&P..
Good to see new people here. Post in with any info you get..
 
Posted by Gary59 on :
 
quote:
Originally posted by ChumpChange:
Morning,
Long time lurker...since mid 2006ish the R1 Man solo days...and longer time swing trader. Currently in FAZ * 34

Anyway, anyone know why the 'short' EFT's were down yesterday/this morning at the same time their markets were down as well.

Sorry ChumpChange I didnt read you post very well , I didnt notice you did refer to the sector they are based on.. I have wondered the same thing as well in the past .. I cant understand if it is volume in the sector that helps it go up or down as well . I have noticed that on ETFs if trading is low on the opposite side of that sector some times both sides of the ETFs can be up or down. I know that some days with FAS and FAZ both side will be up or down at the same time..If you do find an answer please post it here. I am assuming it has something to do with volume..
 
Posted by ChumpChange on :
 
The only thing that i can figure, on that issue, is that its MM manipulation. I guess trying to shake out the weak hands.

I'm convinced that the Dow Jones will hit 7500 again in Jan 09 to form a nice double bottom and then from there a long road to recovery
 
Posted by Morpheus on :
 
im out DTO at 160 and will be in and out of DXO and DTO most the day..yeeeehaaaaa
 
Posted by Morpheus on :
 
mtn has good action today too will pick up around 24 for a quick bounce..alow playing TNA and TZA
 
Posted by Gary59 on :
 
Good plays Morpheus
 
Posted by R1 Man on :
 
quote:
Originally posted by ChumpChange:
Morning,
Long time lurker...since mid 2006ish the R1 Man solo days...and longer time swing trader. Currently in FAZ * 34

Anyway, anyone know why the 'short' EFT's were down yesterday/this morning at the same time their markets were down as well.

What was your name then? I'm also Bill2Drunk...been here since May 2002.

I have gotten away from my norm of holding stocks because we all had to change the ways based on the volitility in the markets. Its not like the good old days where I find stocks that lose 30-50% and buy them selling a month or so later making 20-60%.

Well, I knew it would be a down day and I do wonder myself on the ETFs...but they seem like the safest things now.
 
Posted by Morpheus on :
 
im in LHCG at 27.85
 
Posted by Gary59 on :
 
Got more TNA ave down to 34.40
 
Posted by R1 Man on :
 
Bought 650 BAC at $13.08....selling around $13.50.
 
Posted by R1 Man on :
 
C is ripe again at $6.92. Ride back to $7.15.

Be back later....off to play.
 
Posted by Morpheus on :
 
LHCG now at 29.30...go baby go
 
Posted by Morpheus on :
 
out LHCG at 30.82...thats a cool 2 big bones..did somebody toss me a bone..love love love cyber vegas
 
Posted by Morpheus on :
 
im sorry 29.82 was my exit
 
Posted by Morpheus on :
 
im holding SLW and its running..
 
Posted by Morpheus on :
 
grabbed 300 shares of RMBS at 13
 
Posted by R1 Man on :
 
quote:
Originally posted by Morpheus:
grabbed 300 shares of RMBS at 13

Your pretty risky....good luck with that.
 
Posted by Morpheus on :
 
do you see any news on rmbs
..i dont
 
Posted by Morpheus on :
 
pickeup another 150 on RMBS at 10.75
 
Posted by R1 Man on :
 
Yes....RMBS....they got a ruling against them. They can't enforce some of their patents. That is why its down. Maybe it will level out next week but today....Good Luck.
 
Posted by R1 Man on :
 
Debating on SHORTING LVLT at $1.60+....thinking AH it will drop $0.10 or so.
 
Posted by Morpheus on :
 
thanx R1 ..i found it too late..i was watching it tank and when it started to level out around 13 i was playing for a 1 buck rebound..oh well..its looks to be a good buy at the level 11..i chipped in a little more at 10.75..now its a long term play
 
Posted by R1 Man on :
 
Well, you have averaged down to $12.25....its at $11.71....so you might be ok.

I never did short LVLT...had to put my son down for a nap. Wish I did though.
 
Posted by R1 Man on :
 
Grabbed C at $6.809....1250 shares.
 
Posted by R1 Man on :
 
Almost sold at $6.95.... [Frown] Holding over the weekend.
 
Posted by Morpheus on :
 
the overall trend is now down my friends...take a look at the 10 minute 2week chart of ERY...that is a buy as are all the inverse etf's..i got back into SRS at 56.60 in the last hour today
 
Posted by Morpheus on :
 
any thing running today??
 
Posted by Morpheus on :
 
grabbed more SRS at 61 on the rebound
 
Posted by Madpammy on :
 
Morpheus, anything make you believe anything but down today and tomorrow. By the way, good call on oil dropping from 50 last week.
 
Posted by Morpheus on :
 
i went all out srs at 63
 
Posted by Morpheus on :
 
overall i stll think the market is trending lower..so i really do not long term longs,,,but im all over S and PLAB to name a few when things turn for the long run
 
Posted by Morpheus on :
 
maybe a rebound?? im in FAS at 17.47..if it does
 
Posted by Morpheus on :
 
picked up S 2.43
 
Posted by Morpheus on :
 
i long for th open bell in the am..alos have some bounce plays in place..pld drys lvlt
 
Posted by ChumpChange on :
 
I'm out...Sold off my FAZ today at 48.00 probably a day or two too early.

Any guesses on how low oil is going on this current trend. $35 per barrel for me.
 
Posted by Morpheus on :
 
i tapped another 20000 shares of SIRI today at .133 and i bought into S toward the close..2.42...take a look at the cup and handle chart formation..that is really a good one as far a chart patterns go..
 
Posted by Madpammy on :
 
Anybody guess where today goes?
 
Posted by Morpheus on :
 
myprediction?
 
Posted by Madpammy on :
 
Yep, I can't decide.
 
Posted by Morpheus on :
 
PAIN
 
Posted by Madpammy on :
 
Doesn't seem to be much good news out there.
 
Posted by R1 Man on :
 
quote:
Originally posted by R1 Man:
Grabbed C at $6.809....1250 shares.

Took my lump today and down for a big loss. Had a maintance call and didn't feel like adding anymore money. So I sold at $5.51. Yuck!!
 
Posted by Morpheus on :
 
R1..sorry to hear that...bummer..im in SIRI for the long haul..that will be my savior this year..
 
Posted by Morpheus on :
 
i also like S..the chart lookd really good..might handle down for another day or 2..but looks to have great upside into up to 4.5 or more
 
Posted by Morpheus on :
 
rmbs at 9.65 looks good...i also still hold this turd too..
 
Posted by Morpheus on :
 
i picked up 300 RMBS at 9.63
 
Posted by R1 Man on :
 
I grabbed DXO at $2.90. Up $135 on it. C cost me $1,600.
 
Posted by R1 Man on :
 
quote:
Originally posted by R1 Man:
I grabbed DXO at $2.90. Up $135 on it. C cost me $1,600.

Sold DXO yesterday at $2.99 and made $135. Sold SKF short today....jumped the gun slightly and did market....ended up selling it short at $135.76. Covering at $130. Good luck all!!
 
Posted by Morpheus on :
 
im f'd this am...i had been bear until about 2 days ago..darn
 
Posted by Madpammy on :
 
Don't feel like the lone ranger! I sold faz * 46.50 yesterday aft. I tried shorting faz * 53.00 today. Roll the dice baby.
 
Posted by Morpheus on :
 
popped into wlt at 18.80 and DXO 2.76
 
Posted by Madpammy on :
 
I think I will start buying DXO when oil hits 35.
 
Posted by Morpheus on :
 
my order for S at 2.31 just hit...2000 shares
 
Posted by Morpheus on :
 
just picked up 200 shares of FAS 15.12
 
Posted by ChumpChange on :
 
I picked up 400 shares of FAS 15.75 earlier in the day.
 
Posted by AJGrano on :
 
I don't think you can trade anything successfully in this market in the past few days. everything is down like 10% a day, its crazzzzzyyyyyyyy [Were Down] [Were Down] [Were Down] [Were Down] [Were Down]
 
Posted by Madpammy on :
 
Anybody else taking a beating today?
 
Posted by Morpheus on :
 
oh yeah
i been buying fas on the way down and egle and rmbs amd jaso and msft
 
Posted by AJGrano on :
 
yeah man, I bought PLD on the 23rd at 10.50ish. Had a nice run for a couple of weeks and ran up to 16.20. Was going to sell but got kinda greedy....but at the same time the dividend is 2.07 per share so I thought about the whole time it was tanking that " oh well, I still have a few hundred with the divi's " and maybe I shouldn't worry about it if i'm going to hold it for awhile. but it sucks to see it go down like 40+ % in a matter of days. Atleast ACTC is hooking me up....saying that I'll probably jinx it though [Roll Eyes]
 
Posted by Madpammy on :
 
Anybody see any problems holding DXO long term?
 
Posted by rajthebam on :
 
i m holding DXO for now....
 
Posted by Morpheus on :
 
i trade DXO..no "long term" for me these days
 
Posted by Morpheus on :
 
im out 2k shares of DXO at 2.92 for a nice gain
 
Posted by Morpheus on :
 
im all out FAS at 14.82 for a nice gain i had 5 buys at 13.90 13.50 12.75 and 12.20...so this one is up for me now..
 
Posted by Morpheus on :
 
made about 7 big bones today..after being down early on about 1k..not a bad comeback ..im looking for a down day open tommorrow and have gone fishing with GTC buys appx 13% under the closing price on DRYS JASO and EGLE
 
Posted by Morpheus on :
 
ok ...lets get ready to rumble!!
 
Posted by Madpammy on :
 
Which way do we go, which way do we go!!!!
 
Posted by Morpheus on :
 
due to the fact its friday and 82 degrees out side..i had an appointment at my "office" helping my cronies chase a little white ball around a big green field full of trees...I did not touch a thing and still made 1250 smackers...it is a great day indeed..
 
Posted by Madpammy on :
 
Good job morpheus. It's 0 degrees here.
 
Posted by Morpheus on :
 
i got back here just before the close to adjust the "bait" on my "fishing pole"...I have adjusted my monday morning buys on JASO EGLE DRYS and PLD..all appx 12% below there closing price today limit order good till canceled of course...i did catch a big fish this afternoon with more SIRI at .1109 and it closed up from there... i love love love cyber vegas...be here on monday..have a good one fellas..
 
Posted by Morpheus on :
 
mad...the weather is like early summer here...i live 45 miles north of downtown LA about 7 miles up from malibu beach...its pretty and a good area for cash flow..amgen among others is the big employer around here and is what keeps this town chuggin..lots of yuppies that think there crap dont stink...sorta makes me sick..but where my ranch is..its secluded..so its quiet..how bout you? zero degrees must be in minnisota?
 
Posted by Madpammy on :
 
Morpheus, Nashville Tn. Changed the oil in wifes car last night at a balmy 20 degrees. We have to look at the bright side though, in 3 months temp will be 95 degrees and 99% humidity.
 
Posted by Madpammy on :
 
I have been trying to find info on SIRI. Do you think they will get loan for the 900mil. Maybe they should get TARP money?
 
Posted by Madpammy on :
 
I have been burnt by etf's lately but look at FAZ 21% up adn rolling.
 
Posted by Morpheus on :
 
picked up FAS at 9
 
Posted by Morpheus on :
 
i had bought into FAS BAC EGLE at the close yesterday
 
Posted by Madpammy on :
 
Morpheus, you still feel good about SIRI?
 
Posted by Morpheus on :
 
mad ...siri..yes i do..im trading LVS and FAS
 
Posted by Morpheus on :
 
i just now bought another 10k at .1056
 
Posted by Morpheus on :
 
just popped into LVS 500 at 5.08
 
Posted by Morpheus on :
 
picked up 300 fas at 7.65
 
Posted by Madpammy on :
 
May be a hidden gem here. AIB. It has been beaten down but everything I find says it is a financially strong bank.
 
Posted by Morpheus on :
 
bac is trending up from here..anything below 5.40 is excellent..i dont think we will see that price ever again..IMHO
 
Posted by Morpheus on :
 
go man go... [BadOne]
 
Posted by Morpheus on :
 
just took profit on EGLE 5.61 and FAS 8.64..looking to buy back before close
 
Posted by Morpheus on :
 
i was too busy trading and did buy back into FAS at 8.70 into the close...morpheus has a $3K + day...steak and lobster dinner tonight..im long into tommorrow with EGLE S SLW MSFT FAS RMBS SIRI C and BAC
 
Posted by Morpheus on :
 
oh yeah...LVS too...all good movers for your consideration..laters
 
Posted by rajthebam on :
 
morph u got lot of balls man....
 
Posted by Morpheus on :
 
raj..i was was rolling the dice on back to back up days in the market
 
Posted by Morpheus on :
 
picked up more FAS 8.38
 
Posted by Madpammy on :
 
Morpheus, How low will drys go?
 
Posted by Morpheus on :
 
more FAS at 7.90
 
Posted by sju1973 on :
 
in BAC at 5.56
 
Posted by Madpammy on :
 
Brother is hung on DRYS. My limit sell didn't hit last night and I am ave in at 13.93 350 shares. Looks like I am holding for awhile.
 
Posted by Morpheus on :
 
drys is most definitly trending down...ouch..sorry mad...i gave back lots from my gains yesterday but i did add positions at near day lows today...and with GOOG news..should be an up day manana
 
Posted by Madpammy on :
 
I did ride the bac wave a couple of times. Good call.
 
Posted by AJGrano on :
 
nothing today???
 
Posted by AJGrano on :
 
I'm keeping an eye out for NEXM to bounce and maybe thinking about getting some FRPT soon.
 
Posted by Madpammy on :
 
All cash tied up now just watching. NFLD is getting attractive again. AIB is a runner. Riding BAC and DRYS. GERN and STEM are Obama stocks.
 
Posted by Morpheus on :
 
out of all bac at 6.95 for profit ..looking to trade in lower today
 
Posted by Morpheus on :
 
took profit on 500 shares of LVS 6.38
 
Posted by Morpheus on :
 
out of FAS at 10.12 for now..im banking my cash for now for the last hour follies
 
Posted by Morpheus on :
 
out of STP at 9.35...what ever the market goes from here for now..no worries..im up 2.2K this morning and could not pass up the profits to re group and re stratagize
 
Posted by Morpheus on :
 
im still long 4k shares of S.. 1k RMBS .. 800 MSFT and 300 FAS j..no shorts at this time
 
Posted by Free Muney on :
 
shorting yhoo on an earnings play since they have seemed to have lost all buyout possibilities, and
google still seems to be stealing marketshare.

holding syna for a longer play but getting overbought so getting an itchy trigger finger...

watching energy plays fslr seems to be recession proof if energy prices start to rebound.
oil earnings plays this week. xom and chevron wanna go short big on xom from the oil price fallout but with the market basing at 8k waiting as long as possible.

morpheus. going long with sprint!? your more gutsy than i sir. [Smile] hope you prove me wrong. great swing %'s just getting beat down...
 
Posted by Morpheus on :
 
pretty dull day so far...any body agree?
only trade for me was in and out of LVS..for 100 bucks...wooo hoooo!
 
Posted by sju1973 on :
 
I agree. I didn't trade at all today. I'm only holding HOV, YRCW, and BAC from yesterday.
 
Posted by Free Muney on :
 
jumping in dv before earnings afterhours.
 
Posted by Morpheus on :
 
scalping 2k shares of DXO long at 2.51
 
Posted by Free Muney on :
 
anyone think luv is a good bounce play?
 
Posted by Morpheus on :
 
cramer is on the tube and hes pumping V and its moving on up
 
Posted by Madpammy on :
 
You can bet LUV will hedge fuel cost. They did it last time oil was low.
 
Posted by Morpheus on :
 
i like LUV around 7.10
 
Posted by Morpheus on :
 
out of my 5k shares of * at 2.66..make some good bank on this one..will buy back on a pullback
 
Posted by Morpheus on :
 
im in 50 shares of SRS at 51.75
 
Posted by Morpheus on :
 
also bailed on my 2k shares of DXO at 2.65
 
Posted by R1 Man on :
 
quote:
Originally posted by Morpheus:
im in 50 shares of SRS at 51.75

I matched you and grabbed 50 at $51.94. Been in that SHORT SKF rut. Plus have my son almost everyday and back to work. So that is why I went MIA. But made money finally on SKF. Refused to take a loss.

So what else should we buy....I got another $8,100 available.
 
Posted by Morpheus on :
 
R1 i really believe this is just a bear market rally...myh longs for now are MSFT RMBS SIRI ... I just took nice profit on S BAC C and JASO..been in and out DXO and also trading SRS for 2 point moves in and out allready once tocay and getting ready to buy back in around 51.50
 
Posted by Morpheus on :
 
im looking to bail on all longs by the end of the day and take small positions on FAZ and SRS
 
Posted by Morpheus on :
 
i will remain holding SIRI as i had a sell at .1276 and it just missed this morning..so its a long term hold 70K shares
 
Posted by R1 Man on :
 
Grabbed 50 more shares of SRS at $51.04. Average is $51.48 Set my sell at $55.00
 
Posted by Morpheus on :
 
in 80 shares SRS 51
 
Posted by Morpheus on :
 
r1 good to see you back in action again..missed you
 
Posted by Morpheus on :
 
just popped into 30 DTO at 171.80
 
Posted by Morpheus on :
 
i actually made some goo mola today..boring ..but ill take it..have some sell orders in for the morning if it pops up and and buy orders at about 12% below close today on egle drys jaso lvs if it pops down..
 
Posted by Madpammy on :
 
Morpheus, Look at drys after hours. Why did it drop 15%?
 
Posted by AJGrano on :
 
Hey I just checked out DRYS, thats crazy man. usually I don't like to bother paying attention to after hours because I find it to sometimes not even really matter...except for times like this. -15% on almost a million in volume. Kinda odd because its not like its just 100k in volume. May be something I might want to pick up tomorrow, wanted to pick it up when it went down to 9 like a week ago
 
Posted by Morpheus on :
 
adjusted my buy orders and cancled the drys order..what up with that..most likely will just go down down down
 
Posted by rajthebam on :
 
sold FAS yesterday at 11.75

morph...what r u looking at today besides drys and jaso and your favorite LVS?

what r ur thoughts on stimulus package and financials....?
 
Posted by Morpheus on :
 
my limit buy on PLD hit at 10.35 300 shares
 
Posted by Morpheus on :
 
i also bailed on DTO at 184.80 earlier ..looks like DXO and DTO could be good movers today
 
Posted by Morpheus on :
 
took my 150 profit on PLD ..out at 10.93
 
Posted by Madpammy on :
 
In drys at 13.23. I need an honest opinion, fish or cut bait? How low might it go? Down 2k right now.
 
Posted by rajthebam on :
 
drys is going to be violating their bank covenants - thats never a good sign. i do believe they will bounce back to 12-15 range but that wont be until theyve posted decent results with good free cash flows.....

i havent looked at thier margins but do gross margin trend to see if theyve been improving, staying same or deteriorating?
 
Posted by rajthebam on :
 
morph...great dip in dip out on PLD....i wish i could do the 300 shares at a time on that one....
 
Posted by Morpheus on :
 
took 150 smaker profit on SRS at 52.45 right now
 
Posted by Morpheus on :
 
getting ready to pop into OSK on the next push down from 7.18
 
Posted by Morpheus on :
 
raj you could have got 100 shares and made coin
 
Posted by rajthebam on :
 
true....

OSK at 7.30 ish now....how is that looking for 100 shares ?

how many r u going in for?
 
Posted by Morpheus on :
 
mad...sorry..but i have no opinion on DRYS at this time..the choice is yours..i think the market is headed for a down trend for now so im playing inverse ETF for now for the most part but once the trend is over..BAC is a fast mover
 
Posted by Morpheus on :
 
raj...on osk...you have to wait for the PANIC down move below 7.18..if you want the best risk/reward ratio..at this point of the day...its all basically sideways..so there is allways another time to lose your money..
 
Posted by Madpammy on :
 
Thanks Morpheus, I think I am going to just hang on to it and watch. I have been riding the BAC waves for 10%-15% profits. So it's not all bad.
 
Posted by Morpheus on :
 
TNA is ready to pop once the dow is done going down..so there ya go..
 
Posted by Morpheus on :
 
raj...unless you are useing interactive brokers as your broker...you need to trade bigger dollar amounts or else the commissions will kill you every time. IB only charges 1 buck minumum..
 
Posted by rajthebam on :
 
IB does look interesting...fm the look of it, it looks like a complex pricing structure and one set of pricing wont work for all investors so i really need to find if i will benefit from joining them...but it looks likely...

whats the bundled vs unbundled pricing?
 
Posted by rajthebam on :
 
http://www.goforex.net/reviews/interactive-brokers.htm

not so great reviews though...
 
Posted by rajthebam on :
 
oopss 10000 min to open.....can't do...especilally when i've just bought a condo
 
Posted by Morpheus on :
 
raj the other discount broker with 1 cent per share is Trade Station
 
Posted by Morpheus on :
 
im in FAS at 10.60
 
Posted by Free Muney on :
 
in dxo, and jumped in bcr, for earnings. my last two attempts were not so good. [Smile]
 
Posted by Morpheus on :
 
i broke even on thae FAS trade and now im bearish with SRS in at 53.40 80 shares
 
Posted by rajthebam on :
 
whats the min to open at trade station? they dont say on the site
 
Posted by Morpheus on :
 
raj...dont know ...call them
 
Posted by R1 Man on :
 
quote:
Originally posted by Morpheus:
took 150 smaker profit on SRS at 52.45 right now

I matched that and doubled ya with a kick!! Out at $55. Made $352.

So what to buy next? I think I might sit on the sidelines Friday. Get laid off a week again. However, will have my son. Man I need a laptop!!! Too hard to run upstairs to peak when my son wants my constant attention. Think I might just buy one and solve this issue.

Anyways, good luck all. Off to bed.
 
Posted by R1 Man on :
 
Looks like it could be an up day. Might grab DRYS for a intraday flip.
 
Posted by R1 Man on :
 
Grabbed 600 shares of DRYS at $8.50....might of goofed....$8.22 now....well back to $8.37.

Might grab SRS too later today.
 
Posted by Morpheus on :
 
r1...too much bad news for drys to go up substanscially..they a hurting at this point..im waiting for the blood in the streets scenerio to buy into them
 
Posted by Madpammy on :
 
R1, my plan on drys, since I am averaged in at 13.23, is to start buying at 5.00 and get knee deep to try and break even. I hold 500 shares now. I figure it will take about 2500 or 3000 shares to get me out with out.
 
Posted by Morpheus on :
 
got long 300 shares of rmbs at 8.85 for a quick turn maybe
 
Posted by Morpheus on :
 
picked 400 long of FAS at 9.40 on the bounce ..it a volatile market today ..anybody agree?
 
Posted by BooDog on :
 
GE 12.26
 
Posted by Morpheus on :
 
heres some in the news..Dryships warned that if vessel rates -- already teetering around record lows -- get even worse, it may try to restructure its debt. If the shipper defaults on its loans, its shares could lost most or all of their value, the company warned. Dryships also on Wednesday agreed to sell up to $500 million of its shares. The offering will allow the company to sell shares at any time
 
Posted by BooDog on :
 
quote:
Originally posted by BooDog:
GE 12.26

LOOKING FOR DOUBLE BOTTOM 11.89 but i'll take 12
 
Posted by BooDog on :
 
quote:
Originally posted by BooDog:
quote:
Originally posted by BooDog:
GE 12.26

LOOKING FOR DOUBLE BOTTOM 11.89 but i'll take 12
GE Responds to Moody's Review
Friday 01/30/2009 1:27 AM ET - Close-up Media

Related Companies
Symbol Last %Chg
GEA 23.82 0.34%
GE 12.20 -4.09%

As of 11:30 AM ET 1/30/09
According to company officials, Moody's has placed General Electric Company's and General Electric Capital Corp.'s (GECC) long-term Aaa ratings on review for possible downgrade.

In a release, the company noted:

This review does not affect GE's and GECC's short-term funding ratings of Prime-1 (P-1), which were affirmed by Moody's. This action is a follow-up to Moody's December review of GE's 2009 operating plan. GE has outlined a plan for the year that is based on the difficult global economic environment we see. During the next few months, we will work constructively with Moody's on its review. Our objective is to maintain our Triple-A rating but we do not anticipate any major operational impacts should that change. We expect to deliver on the 2009 financial framework that we outlined last week.

GE has taken steps to strengthen its liquidity position, including reducing GE Capital Services' commercial paper from $88 billion in 3Q '08 to $65 billion today. We have raised 64 percent of our long-term funding for 2009. The company has more than $50 billion in cash on hand. During 2008, GE increased its alternative funding by $25 billion and will continue to grow this funding in 2009 and beyond.

((Comments on this story may be sent to health*closeupmedia.com))

my impatience got the better of me so i took some at 12.22 on radar for more lower.
 
Posted by R1 Man on :
 
quote:
Originally posted by Morpheus:
heres some in the news..Dryships warned that if vessel rates -- already teetering around record lows -- get even worse, it may try to restructure its debt. If the shipper defaults on its loans, its shares could lost most or all of their value, the company warned. Dryships also on Wednesday agreed to sell up to $500 million of its shares. The offering will allow the company to sell shares at any time

Wish I saw that before I bought. Yuck...down $1,158...still have sell set for $9.00. I was going to grab SRS again at $52.90. [BadOne] Guess I will sit on the sidelines again. [Frown]
 
Posted by AJGrano on :
 
quote:
Originally posted by AJGrano:
I'm keeping an eye out for NEXM to bounce and maybe thinking about getting some FRPT soon.

Well I missed out on NEXM because it was .16 when I posted that and now its at .23. Missed out on a 43% gain [BadOne]
 
Posted by Morpheus on :
 
go FAS go baby...running on up..
 
Posted by Madpammy on :
 
Bailed on DRYS. Down 3500.00. I just paid stupid tax X 100. The bad part is, I was $600 from breaking even Wednesday. Oh well Back to work.
 
Posted by Madpammy on :
 
DRYS is a sinking ship, no pun intended.
 
Posted by Morpheus on :
 
mad..it did have a nice 10% bounce earlier today but now down again..
 
Posted by Morpheus on :
 
here we are ...the last hour ...hold on
 
Posted by Madpammy on :
 
Morpheus, I saw that but better to fight another day.
 
Posted by Madpammy on :
 
Have a good weekend all, I am out!
 
Posted by BooDog on :
 
this is nuts. lol too many "good deals" to kick our azz!
 
Posted by rajthebam on :
 
in for FAS 75 shares at 9
 
Posted by Morpheus on :
 
traded in and out of SRS and FAS today.. actually made a little bit of mola today..im long into the weekend with FAS SIRI RMBS MSFT and picked up BAC the last 20 minutes at 6.38..so there you have it..gotta luv luv luv cyber vegas
 
Posted by rajthebam on :
 
what did u get in FAS at morph?
 
Posted by Morpheus on :
 
fas..i was in 400 shares at 9.40 out at 10.15 back in 400 shares at 9 and another 400 at 8.80...this is how i feel now that the month is over on all the "good trade" that I missed and the money i coulda woulda shoulda made
http://www.youtube.com/watch?v=Jnz-WsVoGX8
 
Posted by Free Muney on :
 
i missed amzn today... think dxo is gonna be good monday... in at 2.71 from thurs. hope opec cuts more.
 
Posted by BooDog on :
 
quote:
Originally posted by BooDog:
this is nuts. lol too many "good deals" to kick our azz!

took ford again for a swing.. See if it can do the $ boogie dangjango back to $2
 
Posted by Morpheus on :
 
im in 1k shares LVS at 4.52
 
Posted by Morpheus on :
 
out LVS at 4.72 ..bank my mola for now..easy money
 
Posted by Morpheus on :
 
getting ready to buy back into BAC about 6.03 and RMBS at 8.34
 
Posted by Morpheus on :
 
i guess nobody on here today..so ill just shut the F up and carry on with my own making mola
 
Posted by Morpheus on :
 
i lied...i just sold all 100k of SIRI at .1297..made some easy mola..im really looking to hole SIRI for a long term so i will buy back at a lower price this week sometime ..closer to 110
 
Posted by Morpheus on :
 
reloaded back into BAC 1k shares at 5.97
 
Posted by Morpheus on :
 
in RMBS at 8.42
 
Posted by sju1973 on :
 
in BAC, C, LUV
 
Posted by Morpheus on :
 
took profit on RMBS at 8.96
 
Posted by Morpheus on :
 
took profit om MSFT for now out at 18.15
 
Posted by Morpheus on :
 
getting ready to short HOG at 14.40? its slamming higher in a hurry
 
Posted by Morpheus on :
 
covered my short on HOG at 13.90
 
Posted by Morpheus on :
 
in FAS at 8.38 500 shares
 
Posted by Free Muney on :
 
picked up dxo at 2.42 2500 shares.

Small earnings play for disney going long

Holding HIG from friday.
 
Posted by Morpheus on :
 
looks like the bulls won today and will carry over to tommorrow from this point...
 
Posted by Morpheus on :
 
i thinned out on most my longs...selling into the rally...only hold FAS some RMBS and picked up more BAC at 5.25 today too..a
 
Posted by R1 Man on :
 
DRYS...$7.18 premarket [Smile] Should only be down $792 now. Was down over $2,000.

GM....$2.85....might be time to buy.

UAUA....$9.10...might be good buy...been good for rides back to $12-14.
 
Posted by Madpammy on :
 
Went fishing on bac with limit buy * 5.00
 
Posted by Madpammy on :
 
R1, drys earnings Feb 10. prob wont meet expectations.
 
Posted by Morpheus on :
 
taking profit on fas right here at 9.40 and will be trading this pig many time today
 
Posted by rajthebam on :
 
morph...you should get some nice mola on FAS today....

i m holding some FAS also at 9.....thinkng abt putting limit sell at 10 and walk out with some mola myself....u think it will top 10?
 
Posted by Morpheus on :
 
raj fas and faz are trading stocks..yes it will top 10 ..but when??
 
Posted by Morpheus on :
 
picked up 1k LVS at 3.54
 
Posted by Morpheus on :
 
in 1k FAS at 9.05...looking to make a fast pop
 
Posted by Morpheus on :
 
bought into 200 shares R at 29.85..
 
Posted by Morpheus on :
 
moving my stop up on R to 30.10
 
Posted by rajthebam on :
 
should have bailed out on FAS when it was 9.40ish....man...now i gotta wait....this sux...
 
Posted by sju1973 on :
 
BAC is killing me this week!!!
 
Posted by Morpheus on :
 
sju...you and me and many others too..double down more at 4.75 right about now
 
Posted by Morpheus on :
 
bac is poppin up now...go man go..
 
Posted by sju1973 on :
 
I hope BAC runs soon. I'm going to hold on and hope I can recover on this one!
 
Posted by R1 Man on :
 
SIRI....$0.20+ Debt bought by Echo Star. You still got your 100,000 shares Morpheus??? I hope you do!!!
 
Posted by Morpheus on :
 
siri..yes i sold all at open this morning and looking to buy back toward the close
 
Posted by Morpheus on :
 
hope everybody is making BIG money today..even you raj..im having a really good day today..sold siri near its high.. of FAS at 9.25 ..tapped into BAC at 3.91 and just sold what i bought today at 4.55.. eeeeeeehhhaaaaaaw..luv luv luv cyber vegas
 
Posted by Morpheus on :
 
i have been way too busy to chat but now things are slowing down a bit..i did buy into 1k shares MWA at 3.10..
 
Posted by rajthebam on :
 
morph u should have shared that mwa tip little sooner dont u think?..... :-) m happy for u though....
 
Posted by Morpheus on :
 
hey things move fast ...im a clicking fool today..i been in and out of 8 trades today..sorry
 
Posted by Morpheus on :
 
raj im still long mwa...so i guess i must feel its going higher from here
 
Posted by Morpheus on :
 
raj..im still long 3k shares of bac and just got back into SIRI 25k shares
 
Posted by Morpheus on :
 
r u ready for back to back green days on the market..tommorrow is "up friday"...proceed with caution
 
Posted by Morpheus on :
 
the stock gods have been very very very good to me today...god bless america and the struggle for the legal tender
 
Posted by rajthebam on :
 
FAZ is tempting today....

should have held the FAS...darn it....
 
Posted by Morpheus on :
 
hey now...i hope everybody on this thread made some great mola at the open today..i sold my 3k shares of BAC at 5.73 and all SIRI at .188 and mwa at 3.70 and i doubled up on more yrcw at 2.75 i had a very busy open....hot diggity dog....luv luv luv cyber vegas..currently hold only 300 shares RMBS and 1k of YRCW..
 
Posted by Morpheus on :
 
raj...FAS / FAZ along with URE/ SRS and SKF UYG are for trading...in out...in out...in out..not for tempting..but hey you do it your way and good luck [Good Luck]
 
Posted by sju1973 on :
 
MHO might be one to watch for next week.
 
Posted by Morpheus on :
 
sju...i like mho...thanx for the tip..i also got my eye on TXT...had a hugh drop lately and now is bouncing back
 
Posted by Morpheus on :
 
bac is a rocket today...i took profit and now ...errrr
 
Posted by Morpheus on :
 
im in FAZ 200 at 42.73
 
Posted by sju1973 on :
 
I know i'm finally in the green with BAC. I never thought I'd see green again on that one!
 
Posted by rajthebam on :
 
im in FAZ at 41.95
 
Posted by Morpheus on :
 
good trade i just doubled up at 41.45
 
Posted by rajthebam on :
 
morph u and your double downs - work seamlessly for u......

off topic....how old r u dude? i m trying to guage the timeline as to when i would be able to trade like u guys....
 
Posted by Morpheus on :
 
sju...you got the big kahooooonazz today..holding bac til the top...i have to give it to you
 
Posted by Morpheus on :
 
im 102..and my double down do not always work seemlessly..
 
Posted by Morpheus on :
 
just picke up 2k of DXO at 2.75 oil is climbing
 
Posted by Morpheus on :
 
raj...this site is for you. www.just2trade.com
low entry and 2.50 trades..there ya go buddy
 
Posted by Morpheus on :
 
oh...and by the way...listen to me...SIRI under .13 is a good roll of the dice
 
Posted by Morpheus on :
 
im out faz 42.90 ...made a little chump change
 
Posted by Morpheus on :
 
raj...make you money and move on...43+ is good
 
Posted by rajthebam on :
 
could you transfer your current holdings fm scottrade to just2trade or no?
 
Posted by Morpheus on :
 
raj...you need to contact them...i believe it has to been in all cash before any transfer
 
Posted by Morpheus on :
 
in 25k shares of SIRI at .1195
 
Posted by Morpheus on :
 
pumped in another 25k shares of SIRI at .1143and also set a GTC limit order for the open on monday for FAZ at 43.50 and SRS at 48
 
Posted by Madpammy on :
 
Made good mola today in bac and fas. I hold small sample of fas for stimulus over weekend, have a good weekend all. 102? Morpheus, you don't type a day over 96.
 
Posted by Morpheus on :
 
yeah no ****...i meant to type 12...(fat finger)
 
Posted by Morpheus on :
 
hey...by the way mad...did you catch any action in SIRI today...i dumped all at the open this morning...and picked up 25K more at .119 and then it went don more and 3 minutes befor the close i doubled up another 25k at .114 and then bam...it popped up to 129...go man go..that more chump change (not really) like about 700 smackers..i got really lucky on this ...eeehawww...i luv luv luv cyber vegas
 
Posted by Morpheus on :
 
i bailed on BAC early on and never did buy back...but played FAZ a little toward the end and did ok there...the weekend vote will be scary and ill just sit tight on the whole financial mess (for now)
 
Posted by Madpammy on :
 
No on siri, I was concentrating on bac and fas waves and missed it. I might get some Monday. That is one that could go up a buck easy. I sold out at .14 for profit......right before it went to .20. Anything in the green is ok with me after the drys mess.
 
Posted by rajthebam on :
 
anyone has opinion on sogotrade.com
like 500 min required which i can handle...
also i dont have to liquidate before transferring? anyone?
 
Posted by T e x on :
 
looks like they treat BB stocks as pinks...
 
Posted by Morpheus on :
 
go for it raj
 
Posted by Morpheus on :
 
really slow day ...missed a few trades and just being patient...always enough time to lose my money, so many times patience pays
 
Posted by rajthebam on :
 
FAZ is down big time too
 
Posted by R1 Man on :
 
DRYS...I'm still holding. Gonna roll the dice plus they might get their loan.

SKF is all cash right now. Interesting.
 
Posted by Morpheus on :
 
im looking for AA aroudn the 842 mark..
 
Posted by Morpheus on :
 
r1..what do you mean SKF is all cash?
 
Posted by sju1973 on :
 
Still riding BAC, looking good right now. I'm hoping we see 8 out of it this week. I'm also holding DRYS and may pick up NM by the end of the day. Infrastructure is a big chunk of Obama's stimulus package set to be unveiled this week. I think infrastructure will be hot over the next 2 weeks.
 
Posted by Morpheus on :
 
looking for URE after the big drop comming soon...real soon..and by soon i mean the next 10 minutes perhaps..
 
Posted by Morpheus on :
 
not yet not yet..
 
Posted by Morpheus on :
 
we need freenzy...mad mad freenzy...that would be the time for a quick pop
 
Posted by Madpammy on :
 
Morpheus, do you use the "accumulation / distribution" chart any or at all?
 
Posted by Madpammy on :
 
Picked up 10k siri * .11
 
Posted by Free Muney on :
 
little blip on cnbc about siri. since you've been playing it a bunch morph.

quote:
Sirius Got, and Rebuffed, Ergen Bid: WSJ


Satellite mogul Charles Ergen made an unsolicited offer late last year to take control of Sirius XM Radio Inc. [SIRI 0.11 -0.02 (-13.08%) ], and was rebuffed, the Wall Street Journal said, citing people familiar with the situation.

Ergen proposed for one of his satellite companies -- EchoStar Corp. [SATS 16.59 -0.05 (-0.3%) ] or Dish Network Corp. [DISH 13.75 0.18 (+1.33%) ] -- to inject enough capital into Sirius for it to meet its debt obligations and avoid a bankruptcy filing, the newspaper cited the people as saying.

Despite the rejection, Ergen has recently reiterated his interest in taking control of Sirius, the paper said.

Even if Ergen succeeds in acquiring control of Sirius, however, it is far from certain that federal regulators, whose approval would be required, would welcome the union of satellite television and radio, the newspaper added.

Sirius XM has nearly $1 billion in debt due this year, prompting many on Wall Street to doubt its future given the sluggish credit market and a steep drop in car sales -- the biggest source of new satellite radio subscribers.

Ergen's move has put Sirius Chief Executive Mel Karmazin in a corner, the Journal said.

RELATED LINKS

Current DateTime: 08:53:09 09 Feb 2009
LinksList Documentid: 21422835

* Top Technology News
* Tech Check with Jim Goldman

In discussions with investors last week, Karmazin said that unless he could raise $175 million, he would be faced with one of two options: having Sirius file for bankruptcy or cutting a deal with Ergen, the paper said. An EchoStar spokesman could not be immediately reached for comment by Reuters. Sirius too could not be immediately reached for comment by Reuters.
© 2009 CNBC.com

a little buyout rumor could send this bouncing up in a hurry...
 
Posted by Morpheus on :
 
no on the acc/dist chart...i just watch the 1-5 and 60 minute stuff ect
 
Posted by Madpammy on :
 
Bailed on fas. Bank bailout doesn't include bad bank. Market may not like that. I could be wrong but....not worth holding overnight.
 
Posted by Madpammy on :
 
Bought some auy for long term hold.
 
Posted by Morpheus on :
 
free money...thanx for thinking of me..i really appreciated it..the SIRI blurb is good stuff and must be considered into the mix..im still playing them. as much as i want to drop some big bucks into them like some of my cronies..im just keeping it real with no more than 10-15 percent of my total portfolio..(trying to limit it there anyhow) and hope not to get burned..im gonna dip into some more if siri drops below .11 in the am..laters
 
Posted by Morpheus on :
 
i have been looking at charts for the past few hours and i like AA, DXO RF and yes DRYS..i might just dump a bucket load of cash into these and go on vacation for a bit..coasta rica is really nice this time of the year.Well, Costa Rica is a tropical country situated between 8 and 11 degrees above the equator. It has only two seasons: dry and green! The dry season with very little rain is generally between late December and April and the green or wet season lasts the rest of the year - May through November, but still offers an average of about 5 hours of daily sunshine. The Caribbean coast doesen't have this extended dry weather and stays green all year round and due to the humidity, tends to be a little oppressive sometimes. The Central Mountainous Region is more temperate, like the spring-like weather in San Jose,
 
Posted by Morpheus on :
 
i know it after the fact but i just popped into faz at 41 for the rush
 
Posted by Morpheus on :
 
i out all 200 faz at 42.87 for now and into FAS
 
Posted by Morpheus on :
 
im looking to buy DXO on the next panic wave down ..around 2.68
 
Posted by Morpheus on :
 
got 2k shares DXO at 2.69...let er ride....eeeehhawww
 
Posted by Morpheus on :
 
out all 500 of FAS at 10.70 only hold SIRI and DXO for now
 
Posted by Morpheus on :
 
here comes the big submarine...dive dive dive
 
Posted by Morpheus on :
 
i hope you all grabbed some FAS on that last dip...i got 500 at 9.78
 
Posted by Morpheus on :
 
im just pushing up my stops on FAS..give it some wiggle room..stop in place at 9.97
 
Posted by Morpheus on :
 
crap...they took it down and stopped me out..maybe i get in lower still..hmmmm
 
Posted by rajthebam on :
 
morph any thoughts on UYG
 
Posted by Morpheus on :
 
back in fas at 8.95
 
Posted by Morpheus on :
 
raj..uyg...lots of play...buy low sell high...
 
Posted by Morpheus on :
 
im in STI at 9.02 and double up on fas at 8.55
 
Posted by Madpammy on :
 
I guess the market didn't like the stimulus package.
 
Posted by rajthebam on :
 
morph u look set to make big mola tomorrow on FAS

i got in on FAS at 9

sold FAZ this morning at 44 but should have held in the hindsight
 
Posted by Morpheus on :
 
could this be the end of the world as we know it?
 
Posted by sju1973 on :
 
This has been a really bad several weeks for me. I was lucky enough to trade my way to just about break even with very little loss. It's frustrating to work hard trading for 2 weeks with no gain, lol. But at least I'm still alive through it all. I sold BAC to break even today. I should have sold it yesterday while I was ahead.

I am holding DRYS, NM, FAS, and AIB.
 
Posted by Madpammy on :
 
Siri down 50% on potential bankruptcy filing.
 
Posted by Morpheus on :
 
im buyinjg more siri
 
Posted by Morpheus on :
 
picked up 50k SIRI at the open * .062
 
Posted by greenman on :
 
Crazy,lol
 
Posted by Morpheus on :
 
the news out is just BS...it states...SIRI is thinking about BK...that is not news...they been thinking about BK for 6 months...the buy from echostar is gonna save the day..just wait and see
 
Posted by greenman on :
 
Well, I bought it too, but I'm in * .08. I missed some good prices on some banks at the open. Check out BKUNA. Im in this morning.
 
Posted by greenman on :
 
Not looking good at all for SIRI.
 
Posted by Morpheus on :
 
i holding until the earnings report due out in about 2 weeks...i look at today as a good buying opp. due to the rumor/news..only a mall portion of my total portfolio though..i currently have 80K shares..so thats less than 5%..
 
Posted by R1 Man on :
 
I like watching CNBC today. 8 Bank CEOs getting smacked around. I think its funny!!
 
Posted by glenngsxr on :
 
Anybody see DRYS as having a nice pop tomorrow after several down days in a row?
 
Posted by greenman on :
 
Not yet.
 
Posted by Morpheus on :
 
im in JASO right here...2k at 3.01 with tight stop of 2.94
 
Posted by Morpheus on :
 
ok ..who ordered the snooze fest?
 
Posted by glenngsxr on :
 
Did your stop hit for JASO? I am considering picking up a small piece to play with. I think the market will end up slightly down today, especially with no final resolution on the stimulus.
 
Posted by Morpheus on :
 
back in JASO at 2.87
 
Posted by Morpheus on :
 
yes ..i stopped out my first 2K shares at 2.96 and now im back in 3K shares at 2.87
 
Posted by glenngsxr on :
 
In JASO at 2.93. Let's hope for a run in the morning.
 
Posted by Madpammy on :
 
Morpheus, did you do any good on DRYS? It had some action today.
 
Posted by Morpheus on :
 
madP..DRYS did have great action today..i did not pull the trigger on this one today..bummer..too busy with others ..i guess thats what happened..i was watching it at 4.75.. and froze..in other picks..SIRI latest..I got a billionair on my side..so its anybodys guess from here..i gots about $5K worth so im concerned as this is TOTAL SPECULATION ..already got burned but not too bac..on WAMU and PPC a few months back. In both those cases..i had already made a quick buck on them and basically just gave it all back..and with the quick .10 to .20 pop SIRI had last week..i again made good mola and now im just riding with the profits..(but it is real money) and the fact i took profit is the only reason im letting it ride and bought tons at the fire sale this morning..in at .062 and it was quickly at .082 (thats the same ratio as buying at 62 bucks and selling at 82 bucks) and i missed the sell..then at the end of the day i tabbed anotheer 10k shares at .056
Sirius XM Radio Inc. is seeking an investment from Liberty Media Corp., people familiar with the matter say, in a last-ditch effort to fend off an unsolicited takeover approach from satellite entrepreneur Charles Ergen.

The talks set the stage for a battle between the leading U.S. satellite-television providers -- Liberty-controlled DirectTV Group Inc. and Mr. Ergen's Dish Network Corp. -- for control of the country's sole satellite-radio operator.

Liberty, which is controlled by billionaire John Malone, emerged as a potential "white knight" for Sirius after Mr. Ergen made an unsolicited offer late last year to take control of the radio ...
 
Posted by Morpheus on :
 
I did buy 1k shares of AA near the close at 7.65 and I will play DRYS DSX JASO and PLD much more aggressivly tommorrow..
 
Posted by Morpheus on :
 
i also like the action with DXO, SRS/URE FAS/FAZ YRCW RF BAC C TXT LVS SWKS ..they are on my rader and im looking to scalp .15 to .25 on 2k shares here and there..I like to start with about 1k shares (or about $5k-$7k dollars worth)3bucks 2k shares 30 buck price 200 shares and SRS cost 60 bucks so 1-150 share buyin and if it goes against me..another double up is worth the risk ...but the first and last 1.5 hours of the trading day is where all the action is..that is working for me..and then im buying a few swing trades on the pullbacks for the mid term hold..aka AA BAC DXO RF and FAS/FAZ play
 
Posted by AJGrano on :
 
well SIRI is probably going to pay nicely today seeing as how its already up 70% pre market with like 3m in volume
 
Posted by greenman on :
 
Anyone else liking UYG today?
 
Posted by greenman on :
 
I like DXO below 2.37. Almost there.
 
Posted by Morpheus on :
 
long 2k shares URE right here 3.43
 
Posted by Morpheus on :
 
im in 500 shares AA at 7.30
 
Posted by Morpheus on :
 
im still long and picked up 1k more ure at 3.40 on its way up...go baby go...i hpoe everybody is participating in the rally
 
Posted by Morpheus on :
 
you know what morpheus always says ...I luv luv luv cyber vegas the URE trade alone mad over 1.2K..yeepie..im still long with buys near days low on URE FAS AA and JASO...the stock gods have been very very good to me today
 
Posted by R1 Man on :
 
DRYS....confusing. Earnings release 2-11-09, then changed to 2-13-09, now set for 2-25-09. Hmmm???

SKF is up in premarket.....so predicting DOWN day.
 
Posted by Morpheus on :
 
playing SIRI today...all out right here at .098..looking for lower entry
 
Posted by greenman on :
 
Im right with you, Morph. So far its a good flip.
 
Posted by Morpheus on :
 
regarding SIRI..the dude in charge has till tuesday to make right on some debt of about 250 million and they are talking with many others today..monday is a holiday..so if this stock makes till tuesday with no BK than its up up up from there...i will just play it today and not hold over the weekend..
 
Posted by greenman on :
 
Anyone like BPOP? Researching now.
 
Posted by Morpheus on :
 
BPOP..not enough action for my taste
 
Posted by greenman on :
 
SIRI, I sell and of course, up she goes. GL.
 
Posted by greenman on :
 
I'm guessing the public likes this news.

2/13/09 10:47 am


SIRIUS XM Radio Announces Exchange of $172.5 mln of Existing Convertible Senior Notes Due 2009 for New Senior Secured Notes Due 2011


(RTTNews) - SIRIUS XM Radio Announces Exchange of $172.5 mln of Existing Convertible Senior Notes Due 2009 for New Senior Secured Notes Due 2011
 
Posted by Morpheus on :
 
greenman..what does that news mean in layman speak?
 
Posted by greenman on :
 
DXO, mostly selling today. Getting ready to grab some down here.
 
Posted by Madpammy on :
 
SIRI, doesn't that mean the debt that was due next week has bee re financed until 2011?

In DXO * 2.35, sold siri at .11

Holding some fas, waiting for up turn.
 
Posted by greenman on :
 
In DXO * 2.36, I think I'm going to hold this for a bit.
 
Posted by Free Muney on :
 
i just jumped on dxo too. think it'll bounce.
 
Posted by Morpheus on :
 
good tradein mad..way to go..i waiting till tues to jump back into SIRI due to the news blah blah blah..if its gonna go up .. it will go up then..i sole every thing else near the day highs and just sitting with mostly cash over the weekend
 
Posted by greenman on :
 
I sold everything except for DXO. Made green again today.
 
Posted by Madpammy on :
 
Nothing like a 13% drop in DXO to start the week.
 
Posted by Madpammy on :
 
It's gonna be ugly today but that makes opportunity
 
Posted by Morpheus on :
 
bought DXO at 2.01
 
Posted by SoAngel on :
 
Seeing FAS down at 6.3X has me thinking about depositing some money and buying a few shares for a longer term hold.
 
Posted by Madpammy on :
 
Trying to double up on DXO at 1.98 added more fas at 6.45.

Wow, is the economy really teetering? Hard to see the light from here.
 
Posted by Madpammy on :
 
Doubled DXO at 1.98
 
Posted by SoAngel on :
 
I picked up 250 shares of FAS at 6.01.
 
Posted by SoAngel on :
 
Sold 240 shares of FAS at 6.45 Pre-Market.
 
Posted by SoAngel on :
 
Was back in FAS today 250 shares at 5.51 and sold 240 shares today at 5.78.
 
Posted by SoAngel on :
 
Picked up 250 FAS after-hours at 5.72.
 
Posted by SoAngel on :
 
Sold 245 FAS Pre-Market for 5.91.
 
Posted by glenngsxr on :
 
couple of nice flips there SoAngel. Nicely done! Anyone looking at CROX today? Earnings report this afternoon.
 
Posted by SoAngel on :
 
CROX isn't one that I follow much, sorry.

I will be getting back into FAS again today at some point.
 
Posted by SoAngel on :
 
I had my buy order in for 300 shares FAS at 4.88. It hit 4.96. Debating to enter now or not.....
 
Posted by Madpammy on :
 
In my humble opinion, the bulls are dead. Is 6500 on the dow a realistic number now. And if it goes that low are the banks done?
 
Posted by Madpammy on :
 
Positive note, anybody notice dxo had a nice run up today? Of course that means gas prices are about to go up but......
 
Posted by SoAngel on :
 
Madpammy, yeah, I was watching DXO as well.

As for your previous post, if you check out my last 5+ posts, you can see that I am in it just for the short flip, so I am counting on bargain-hunters to drive some things up from time to time. Really counting on it ....

In 300 FAS at 5.07.
 
Posted by Madpammy on :
 
Yeah, I mostly trade swings but once in a while I get hung like on fas. (Stupid tax) I'm in * 7.55 ave. no more cash to ave down. I'll be waiting for a while.
 
Posted by SoAngel on :
 
Madpammy, I understand. I am also in UYG from last week (only averaged at 3.07) but either way, I plan to be waiting around awhile on that one as well. Trying to make up the different on FAS here and there if possible.

Trading + Beer is also sometimes not the best idea. Oh well, I need a re-fill.
 
Posted by Madpammy on :
 
I hear that brother. Bud Light Lime, best idea ever!!!!!!!!! It makes even the worst trading days better.
 
Posted by SoAngel on :
 
Madpammy - I agree. However, I am a Yuengling Lager man myself. We currently have Miller Lite on tap here at home because my wife isn't into Lager (yet).

Depending on how the trading is going and what time I get home from work.... beer is the best solution.

[Smile]
 
Posted by SoAngel on :
 
Also, as a side note (and I am not currently looking at my charts), but I don't think that FAS has had more than 5 negative days in a row .... and today made a 5th negative day, so I can't imagine that tomorrow won't end up green.

Good luck.
 
Posted by glenngsxr on :
 
I got in for 6K shares yesterday of CROX at 1.19. The earnings report was better than expected so today should be a good day.
 
Posted by SoAngel on :
 
Just added 250 shares of FAS at 4.46.
 
Posted by SoAngel on :
 
Looks like today will be nasty.
 
Posted by Madpammy on :
 
What happens to fas if banks get nationalized?
 
Posted by glenngsxr on :
 
IMO, you will see a short term pop because of the sense of security and insurance it gives shareholders. After that, maybe it slowly goes down over time as the nationalization will likely decrease profitably.
 
Posted by SoAngel on :
 
Sold 240 FAZ at 4.73.
 
Posted by SoAngel on :
 
Can't believe I missed that 5.25 to get out of the rest of it! Give me another rally!
 
Posted by SoAngel on :
 
Just sold out of 290 shares of FAS after-hours for 5.03 for a tiny loss so I don't have to worry about the weekend.

I am sure I will kick myself for it later, but I am riding on 50 shares that are basically free shares.
 
Posted by SoAngel on :
 
Most likely going to hop back into FAS again today at some point.
 
Posted by SoAngel on :
 
Picked up 300x FAS at 4.55.
 
Posted by SoAngel on :
 
Also doubled up my UYG holdings at 2.07. Now averaged in at 2.62.
 
Posted by SoAngel on :
 
Out 297 shares of FAS at 4.65.
 
Posted by SoAngel on :
 
Picked up 65 shares of AGQ at 45.60.
 
Posted by glenngsxr on :
 
I also picked up 35 shares of AGQ at $44.60 yesterday. Gonna ride this one for awhile. All this money dumped into the economy makes metals a hot topic right now.
 
Posted by Madpammy on :
 
Coined a new acronym, LMAT. Lost my a** today. Probably going to need it later today.

Administration speaks, market goes down. I see a trend.

Not trading for awhile, all monies tied up.

Hope ya'll are doing well on these recent swings.
 
Posted by glenngsxr on :
 
SoAngel,
any idea when to get out of this AGQ? It's at $47.15 and I am thinking about taking some off the table for the day.
 
Posted by SoAngel on :
 
glenngsxr- I just got home, sorry I didn't message sooner. I sold at 47.25.
 
Posted by SoAngel on :
 
Today is brutal, I am glad I did not make any purchases (yet).
 
Posted by SoAngel on :
 
Just picked up 80 AGQ at 44.33.
 
Posted by glenngsxr on :
 
I missed it. Had a couple meetings at work and came back and about shat myself.
 
Posted by SoAngel on :
 
Wow.
 
Posted by SoAngel on :
 
Picked up 300 NM at 2.28.
 
Posted by Morpheus on :
 
just go back from my costa rica extravaganze...yeeeeeehhhaaaaaawww....all compliments of my fantastic earlier gains on siri 2 weeks ago...i luv luv luv cyber vegas..i now gots my 200K shares of siri 150 k on the last pullback below .08 and the rest when i could find below .13.....are you ready yet? go man go..http://seekingalpha.com/article/122952-sirius-xm-looking-ahead-to-fourth-qua rter-results?source=yahoo
if your dont listen to the morpheus..i wish you good luck in your future struggle for the legal tender
 
Posted by SoAngel on :
 
Welcome back.
 
Posted by SoAngel on :
 
May hop back info FAS depending on how things go here.
 
Posted by SoAngel on :
 
I was really expecting a 100+ point downswing here in the closing minutes, but it isn't looking that way...
 
Posted by SoAngel on :
 
Picked up 500 FAS at 4.85.
 
Posted by Morpheus on :
 
hey looky here now...i golfing all morning and come back to a +$4k day...thank you SIRI..
 
Posted by SoAngel on :
 
Morpheus- Wish you would've been around today to make sure I didn't do anything stupid! [Smile] Have a good weekend.
 
Posted by SoAngel on :
 
Picked up 100 shares of GE at 7.60.
 
Posted by greenman on :
 
Today was a very red day overall.
 
Posted by SoAngel on :
 
This FAS hold is making me look like a broke fool.
 
Posted by Madpammy on :
 
Don't feel bad soangel, I am holding an average of 7.55 on fas.

Just keep them in business and we will be fine.
 
Posted by SoAngel on :
 
Yeah, I am still holding. But I am sitting on a Maintenance call right now, so I was really hoping we wouldn't have that end of the day dump that we had.

I can cover the call, but I would rather not have to worry about it [Smile]

Good luck!
 
Posted by Morpheus on :
 
listen to me now...this is for my friends here on this thread...SIRI....need i say more?
 
Posted by Madpammy on :
 
Morpheus, Does it look good to get in now or wait for a drop?
 
Posted by SoAngel on :
 
This is difficult to sit through.
 
Posted by Morpheus on :
 
i bought more 20k more shares SIRI at the close .1302 alSO on my list of great buys..AA FAS CAT MOS EGLE ..BUT im long SIRI in a big way..300,000 shares..this company will be all over the news in 12 days..so there ya go..im on the excelerated path to making my second million.. today longs..i bought back into 9for mid term hold) FAS 4k shares 2.60 and 6k shares YRCW 1.51 ..i also traded heavly today in and out of SKF SRS EGLE and RIG a number of times makeing over 4% of my portfolio taking only small positions(10-15%)of portfolio at a time for the entry points of the trades..
 
Posted by Morpheus on :
 
im at my last buy in for SIRI at this point..what i do have is more than double than my normal buy and hold risk play exposire..especially for a "penny" stock..but the reality is ..this is not a start up stock "new product" BS company and they have a monopoly on satillite radio across the country and are adding customers monthly..they should be a +20 dollar stock with what they have going for them..the number had been bad till this point due to the buying of XM radio last year (elliminating their compatition so less advertizing budget)..they just got big money backing..so im with it for now..
 
Posted by Morpheus on :
 
i hope you all picked up some of that there SIRI under .13 today..I did...10k more
 
Posted by SoAngel on :
 
I picked up a few yesterday at .139. Going to sit on it for awhile.
 
Posted by Morpheus on :
 
oh yeah...SIRI up 15.38%....can you say .."cha ching"...good move SoAngel
 
Posted by Morpheus on :
 
SoAngel...hold it until at least the earnings and then beyond..you will love cyber vegas too!!
 
Posted by SoAngel on :
 
Morpheus, I am going to be holding everything I have for awhile, I suppose, because I need FAS to double it's share price, NM to move up quite a bit, and AGQ to move up (the only one I have confidence in right now). SIRI I will be clinging to ... maybe for a permanent hold, do or die.
 
Posted by Free Muney on :
 
I'm playing a bottom bounce on gd. WAY oversold.

if market should catch wind, this should tick up quick. hopefully.
 
Posted by Free Muney on :
 
banking this week??? positive in anticipation of the debt write down policy change... might be a great swing.
 
Posted by Morpheus on :
 
free muney..still holding my 4k FAS...eeeehhhaaaaaawww also up my holding SIRI on today dip...added another 50K shares bringing my total holding to 400K shares..this baby rocks...im really feeling good about this move...R1..dude i know you took to hits earlier this year..this is a good chance to make mola..
 
Posted by Morpheus on :
 
let the good times roll ...i luv luv luv cyber vegas..

biz.yahoo.com/prnews/090310/ny81849.html.v=1
 
Posted by Morpheus on :
 
http://biz.yahoo.com/prnews/090310/ny81849.html?.v=1
 
Posted by R1 Man on :
 
I might of been silent and busy as hell. But still here and still on the money trail. I have only worked 4 weeks so far this year and still working [Smile] Yeah, I took some serious hits in all my accounts but still not down and out of the game.

Still holding DRYS and VG in one account. SIRI in 2 other accounts and a few other stocks. GM in the other account. Too bad we didn't know what we know today a year ago. WOW!!!

By the way, I called the DOW being 6,500 range....guess I was right. Wasn't sure if we would see that but I don't see 5,000 range at all. So crossing my fingers. I think the DOW will be around 9,500 in July.

As for the Big 3. Wow have they ever scared all of us auto workers. Take a buyout and roll the dice in a state with 11.4% unemployment rate or pray I have a job still. A lot of people signed up for the buyout again with fears of getting laid off again....but now with only unemployment pay $362 per week and no job guarrentee. They really have us worried. As much as I would like to drop all my free money in the stock market, I am forced to make a nest and cut back on things.

For anyone who doesn't know about the auto workers. I can say this....I make $28.06 an hour. Used to get $1.05 per hour C.O.L.A. (cost of living allowance). Plus 5% shift premium for 2nd shift and 10% for 3rd. We get paid holidays. Double dip with vacation where in May we get paid all our vacation pay where we can go without taking a actual vacation and make that extra week(s) pay. We get 5 PAA (Paid absence allowance). We had a job bank that paid 40 hour pay for them not having a job for workers. $25 copay for doctor and $50 for hospital. $5 copay for generic drugs and $10 for name brand which only a select few are covered. We pay 2 hours pay for union dues. When laid off temporary, we get $362 unemployment and SUB (sublimental Unemployment Benefits) of roughly $600 a week. We have union protection where we can file grievances when things are not right. $600 x-mas bonus. We gave up pay raises for performance bonus of 2-4% (Gross wages x 2-4% = bonus).

Now, COLA is gone. Job bank is gone. SUB is getting put on point system (13 weeks SUB for 10 years or less, (I think 36 weeks for 20-30 years) and so on) or eliminated. Less paid holidays. No more x-mas bonus. No performance bonus. Partial or full pay of medical benefits. Cut break in times. Not sure what else is on the chopping block. But the SUB pay and Job bank is what scares people the most. Reason is...for me, I have 7 years. If I get laid off indefinately. I have no job guarantee, no more dental, medical expires in I think 6 months, maybe SUB pay of 13 weeks = 3 months or none at all. I would only get the $362 unemployment pay and when that runs out...no income at all. Means move on and find a new job and hope one day they call you back to work. Us auto workers are seriously not over paid because of how much they ask of us and how hard it is on our bodies. Repetative work is very dangerous on your body. I have injuries that will never heal to before I started working at Chrysler. I can only ignore the uncomfortableness at times and work or do what ever I am up to. But I think that sums me up and also why you will and have heard of all these workers taking buyouts. (Some of the things are rumors).

Anyways, until I have some clearity with this auto crap, I won't be adding any new money to my accounts, only working with what I have in them which its all locked up in depressing stocks. When things turn up and I have more time on my hands, I will be on regularly. Until then, playing the wait game and helping others at work make money with what I can't afford to do.

BTW, I really wanted to SHORT SKF at $240s. I think it will drop down to $160 today. BAC will close up over 10% today. C will be flat.

Anyways, Good luck all and sorry I have been so busy.
 
Posted by R1 Man on :
 
quote:
Originally posted by Morpheus:
http://biz.yahoo.com/prnews/090310/ny81849.html?.v=1

Wow....$60,000 worth of SIRI at $0.15. You have some balls. I hope it moves back to $3.00 someday without a R/S. You can take us all out then.
 
Posted by SoAngel on :
 
quote:
Originally posted by SoAngel:
Picked up 300 NM at 2.28.

Out of 290 shares at 2.43.
 
Posted by Madpammy on :
 
Morpheus, you are a freaking genius. SIRI!!!!!!
 
Posted by Morpheus on :
 
siri...go baby go baby go baby go baby....oh yeah
 
Posted by Morpheus on :
 
i picked up a bunch at .08 a few weeks back..a bunch a .10 and most of the rest just below .13 range...yeeeeehhhhaaaaaa
 
Posted by Morpheus on :
 
thanx..madpammy..appreciate ...(tip o the hat)..
 
Posted by SoAngel on :
 
Morpheus- still holding FAS ?
I can break even if I get out now.
 
Posted by SoAngel on :
 
quote:
Originally posted by SoAngel:
Picked up 100 shares of GE at 7.60.

Sold 90 shares of GE at 9.70.
 
Posted by SoAngel on :
 
I sold over half of my FAS position at 4.88 just so that I am more in cash right now, as I am down quite a bit still in AGQ.
 
Posted by R1 Man on :
 
quote:
Originally posted by Madpammy:
Morpheus, you are a freaking genius. SIRI!!!!!!

Yeah, your up $20k just today. WOW!!! Curious...what is your average on SIRI???

So, debating on buying the foreclosure next door to me. They asking $31,200. I think $24-25k cash will buy. House on the other side of me same size just sold for $85,000. House a little bigger across the street sold for $104,000. What do you guys think???

Debating on writing them a credit card check. I have a ton of free credit. More then $40,000 worth.

Also, if I buy it...rent it out for $600-700 a month or just resell immediately for $80-90K???
 
Posted by SoAngel on :
 
Sold another 100 shares of FAS at 5.17. I have 100 more shares that I am keeping for longer term.
 
Posted by Free Muney on :
 
finally unkilled yourself angel?
made 60% in bac in 4 days. and I'm out. woot!

anyone feel good about an airline bounce play?
check out alaska air crazy chart.

http://stockcharts.com/h-sc/ui?s=ALK&p=D&b=5&g=0&id=p26983781726

comments opinions?
 
Posted by Free Muney on :
 
r1, rent it if you can find friends or non crack head tenets.. other wise flip. especially since detroit is a very risky place to buy property with the fate
of the big 3 in the balance. might not want to hold it...
 
Posted by R1 Man on :
 
House is smaller then I thought. 697 sq ft. House on other side is 1,100 sq ft that sold for $85,000. Not interested unless they take less the $15,000. I found another around the corner that is 1,100-1,300 sq ft. Asking $28k. Not really sure what I want to do now. I see soo many opportunities here. Might just take the money and play with it here again and hope for the best. Market is just nerve recking right now. So not really sure what to do.
 
Posted by T e x on :
 
make sure there's good renters available, first.

can't depend on flipping it quick. Lottsa properties that do sell are still going lottsa contracts till one sticks...

if there are good renters available, do the minimum necessary for decent housing. Renters who wind up in a crappy joint decide it's OK to trash it. Later, when the market comes back, do more upgrades and updates...
 
Posted by Morpheus on :
 
R1...this is what morpheus has to say about the...first ya wanna watch the movie..Pacific Heights...get a bad feeling...then ya wanna watch the movie...under the yum yum tree with Jack Lemon...and you will get a good feeling...then if you like the neighborhood...buy the place and do like Jack in the movie..open a sorority house for only pretty girls and you move in and proceed to become Hugh Hefner...R1 you can do it...bail on your struggle for legal tender with those dicks at the plant and follow donharrold.net and morpheus and begin living the life of woman wine and song..also come out to malibu and vist me some time ..we can kick it in this town
 
Posted by jordanreed on :
 
Id luv to "kick it"...


uh...kick what?
 
Posted by Morpheus on :
 
Kick it...meaning, kick up you heals..have a great time...get the lead out...get off you ass and party...spend some bucks on yourself and others with you...make he scene...seize the day...party hardy..rock with your cock out...cruise the babes....what ever term you choose...its all good
 
Posted by Morpheus on :
 
oh...by the way...still long over the weekend..out half SIRI at yesterdays close and bought back in at .191 today...go man go..also in and out of FAS and SKF for some nice gains throughout the day..also bailed on YRCW which was a nice double for me in 1 week ...im also long 5k shares of LVS..it had a big pop at the open and im thinking ..somebody knows somthing with a big gain like that.. about 15 minutes it pulled back and i sprang for 2k shares and anothe 3k at the day lows..im thinking monday will be another big pop up at the open..we shall see
 
Posted by Morpheus on :
 
bailed on All 200K SIRI for now at .244...yeeeehaaaaa will but into the the pullback
 
Posted by Morpheus on :
 
will buy into...
 
Posted by rajthebam on :
 
i will say this and i dont say this to a lot of ppl...morpheus is smart.
 
Posted by SoAngel on :
 
I just sold out of SIRI as well at .25.
 
Posted by Morpheus on :
 
right on soangel...good trading
 
Posted by Morpheus on :
 
sold LVS at the open pop and took profit..toward the end of the day i got back 80k shares of SIRI at .231 and LVS at 1.90...this is the best time to make good bank that i have seen i a very long time..im doing good but at the same time ..pissed off im leaving tons of mola on the table..its a weird feeling. but hey..ill take it..i hope my friends on this thread are doing good too...there is good mola to be made...
 
Posted by SoAngel on :
 
Morpheus- We should've held SIRI for another day! [Smile]
 
Posted by SoAngel on :
 
I am expecting a pullback on the whole damn market soon.

I might pop into FAZ in hopes of a financial pullback.
 
Posted by SoAngel on :
 
Had an order set to buy FAZ at 35.25 and it didn't hit! Oh well!
 
Posted by SoAngel on :
 
Picked up 100 shares of FAZ after-hours for 35.20.
 
Posted by greenman on :
 
quote:
Originally posted by SoAngel:
Morpheus- We should've held SIRI for another day! [Smile]

So true, but hey, I was watching the chart. Chart read pullback for a correction. Now, I'm kicking myself. But hey, we still made green!
 
Posted by SoAngel on :
 
greenman- I wasn't complaining, any green is good news, especially lately. [Smile]
 
Posted by greenman on :
 
Oh,I know you weren't complaining! When it pulls back, I'm back in.
 
Posted by SoAngel on :
 
quote:
Originally posted by SoAngel:
Picked up 100 shares of FAZ after-hours for 35.20.

Out in the pre-market for 36.55.
 
Posted by SoAngel on :
 
Interesting day.

I bought 120 more AGQ at 36.05. Saw it when I stopped in and it was at 34.06. I put an order in for 50 more at 34.04 and didn't get it.

Sold 150 AGQ then for 37.44. Still holding 50 shares from before (44.33).

Bought 500 FAS at 6.93.
Sold 500 FAS at 7.08.

Got out of my FAZ in the pre-market (posted above) at 36.55 - and I am glad I did!
 
Posted by SoAngel on :
 
Might hop into FAZ again here, after-hours.
 
Posted by SoAngel on :
 
Completely out of AGQ at 43.15
 
Posted by SoAngel on :
 
quote:
Originally posted by SoAngel:
Might hop into FAZ again here, after-hours.

Should've, could've, didn't.
 
Posted by rajthebam on :
 
where is everyone?
 
Posted by SoAngel on :
 
I have been all cash since last week. Shouldn't have been. lol
 
Posted by SoAngel on :
 
That said, I have a day order in for 100 shares of FAZ at 20.56 ... in case there is a huge drop (up rally) at the end of the day here.
 
Posted by SoAngel on :
 
Screw that. Bought 500 FAS at 6.74
 
Posted by SoAngel on :
 
Sold 490 FAS at 6.93
 
Posted by SoAngel on :
 
Bought 100 shares of AGQ at 43.40.
 
Posted by SoAngel on :
 
Tried to pick up 100 FAZ at 19.10, but Scottrade wouldn't let me. Has to be a call in order.
 
Posted by AJGrano on :
 
Hope that DRYS has another good day today [Cool]
 
Posted by sju1973 on :
 
Hello Angel. Just out of curiosity, did you try to buy FAZ on margin??? I'm not sure about Scottrade, but Zecco stopped allowing 3X EFT trades on margin about a month ago.
 
Posted by SoAngel on :
 
sju1973- I can definitely buy FAZ, FAS, etc on margin. I think they blocked it yesterday because of the huge decline (-45%). Scottrade does stuff like that to "protect us" - they also do it to stocks that have an abnormal amount of volume/activity.
 
Posted by sju1973 on :
 
Oh, okay. After the financial meltdown a few weeks ago Zecco actually put a stop on trading 3X EFTs on margin. When they did, I was holding FAS on margin. They implemented this change and I instantly received a margin call! Even though I purchased the stock before the rule was in place. I was pissed! Crazy stuff.
 
Posted by SoAngel on :
 
I am sure that Scottrade has different maintenance requirements on the 3X stuff, because I was getting maintenance calls everyday when FAS was heading down.

I haven't tried to use margin to buy the last few times, maybe they changed it too ??? I would test it out for you, but I am not sure if I would rather be in FAS or FAZ right now! lol FAZ, I imagine.
 
Posted by SoAngel on :
 
Okay, I just put in an order for FAZ at 16.00 (so I know it wouldn't buy), and I used all of my buying power, and it had no problems putting the order in. So Scottrade hasn't changed anything.

I cancelled the order immediately.
 
Posted by sju1973 on :
 
Cool. I figured it was just a Zecco thing. I think they must have lost a lot of money during the meltdown. Epecially in the 3X EFT's. They sent out a special email blast outlining the new rules effective the very next day after the email went out.

When I saw your post I thought that maybe other brokerages were implimenting similiar policies.
 
Posted by AJGrano on :
 
Looks like I had a decent day with my DRYS. Wondering if I should dump tomorrow or let it ride. Wondering if I should pick up some PLD after the big drop today, seeing if I can get a quick 5-10%. Any input?
 
Posted by Happy Valley on :
 
quote:
Originally posted by AJGrano:
Looks like I had a decent day with my DRYS. Wondering if I should dump tomorrow or let it ride. Wondering if I should pick up some PLD after the big drop today, seeing if I can get a quick 5-10%. Any input?

Earnings on DRYS due out after market close today and CC tomorrow...Will prolly make your decision for ya, depending on how they report...

Man, I hope you knew this before you decided to let your profits ride...I'm still holding a few from today so good luck to us both...
 
Posted by AJGrano on :
 
yeah I knew about it, just wanted a few other opinions
 
Posted by AJGrano on :
 
yup, should've saw that coming
 
Posted by Morpheus on :
 
raj...nobody here but us chickens!!!
 
Posted by Morpheus on :
 
hope you all are making the big money these days...i am... life is good...playing the SKF/ FAS and LVS bounce plays..buy low sell high..also SIRI..i picked up 300K shares last thursday * .3005 and bailed on it this morning at ..39..now i just got back in ..* .362...get it on
 
Posted by Morpheus on :
 
i also shorted oil via 500 DUG when oil was at 54 bucks a barrel..looking good so far
 
Posted by Morpheus on :
 
out DUG ...profit..* 23.60
 
Posted by Morpheus on :
 
bounced into DIG 24.20
 
Posted by Morpheus on :
 
out skf and into BAC 7.55
 
Posted by SoAngel on :
 
Bought 100 FAZ at 19.30.
 
Posted by Morpheus on :
 
another win day for the morpheuw....eeeehhhaaaaa i was trading like a mad man the last hour...picked 10k lvs 2.83 bailed * 3.03..making the mola...i luv luv luv cyber vegas
 
Posted by SoAngel on :
 
Dammit, I wasn't at a computer to put an order in, but I definitely would've bailed on my FAZ at 20.50.
 
Posted by SoAngel on :
 
Bailed on my FAZ to break even. I think the market is going to rally up end of day, but I have been wrong before!
 
Posted by SoAngel on :
 
In 600 FAS at 6.67.
 
Posted by SoAngel on :
 
LOL (not really). Starting to look like I played this complete opposite. What else is new ? *sigh*
 
Posted by SoAngel on :
 
I hate how dumb I am. I am going to get a beer and then take a nap.
 
Posted by SoAngel on :
 
That beer helped. Out of FAS at 6.82 (although I think it is going to rally quite a bit further).
 
Posted by SoAngel on :
 
I hate how smart I am. I am going to get another beer and then take a nap.
 
Posted by SoAngel on :
 
Crazy day.

In 200 FAZ at 18.60.
 
Posted by SoAngel on :
 
Out 200 FAZ at 19.66.
 
Posted by R1 Man on :
 
quote:
Originally posted by SoAngel:
I hate how smart I am. I am going to get another beer and then take a nap.

That is funny!! Glad the beer helped. Just think, if you had 2 beers and 2 naps, you might of gained twice as much....lol.

Anyways, next week I am back roaring!! I passed on buying that house. So will be back with another $25k. DRYS is also up a lot today. Break even is $8.50 for me though. Not selling just yet but thinking about it.

When my funds clear, I think I am going all in on SKF...should be cleared on Wednesday or Thursday. So hoping the market moves up until Friday. But I have a few plays in mind that I haven't had any free funds to do. But have a plan this time. Will take out 50% of gains each month and put back in my bank account or possibly 10% to account value each month.....but staying above $25,000 value so I can freely daytrade.

Well, good luck all!!!
 
Posted by R1 Man on :
 
My father told me a couple days ago that GM is going to get severly dilluted. Well, they talking about that on CNBC right now.
 
Posted by R1 Man on :
 
GM....She is starting to SINK!!!
 
Posted by SoAngel on :
 
R1 Man- Glad to have you back.

I am pretty sure I will be going short all next week. I am still considering a bear ETF to hold over the weekend, but as of now, I am only still holding my profit shares of stuff and my AGQ that I am down a bit on.

Have a good weekend (to anyone who reads this).
 
Posted by SoAngel on :
 
Picked up 100 more AGQ at 39.70.
 
Posted by AJGrano on :
 
I sold all my DRYS on Friday at 6.10 from 3.90ish. Thinking about getting back in this morning since its down 14% pre-market and then just ship it back off for a small gain....no pun intended. [Cool]
 
Posted by AJGrano on :
 
in DRYS at 4.85
 
Posted by Morpheus on :
 
im short pvh at 23.25
 
Posted by AJGrano on :
 
looks like it should be a decent day [Smile]
 
Posted by AJGrano on :
 
Darn, it was a 50/50 yesterday between picking DRYS or PLD, guess I picked wrong [BadOne]
 
Posted by Free Muney on :
 
in frp on a bounce play from yesterday.
great chart.
 
Posted by Morpheus on :
 
yo FM...i been out all day deep sea fishing..really good catch...just took a look at the FRP ..I concure...a great looking chart and excellent catch..congrats..im thinking a down day wednesday and then im gonna pick up some of that action..right now in long SRS SIRI EGLE and short PVH ..my new thing these days is to only trade for the first 2 hours in the am and then go out and have fun fun fun the rest of the day..the first 2 hrs and the last 1.5 hrs is where all the action..if I dont catch the open then I try to hit the last 1.5..its t tuff life but hey..life is too short to spend too much time in the struggle for the legal tender...I luv luv luv cyber vegas
 
Posted by R1 Man on :
 
Morpheus....where are you shorting it at and when do you want to cover? Where do you think it will go (PVH)

What are you thoughts on SKF and SRS....say price prediction for 1 month.

BAC???

I think it will be a down day today but I have been wrong soo much lately. But got my money in my account now. Just going to be careful for the next several months. I can day trade freely now. Have more then the requirement for day trading in the account.

If I play 10% gain...it will take me just over 7 trades to double. But 3% works great too!!! I think if I plugged SKF at $100 or less....that it will climb back to $130 pretty easy....first bad news and its off to the races...but I could be wrong.
 
Posted by R1 Man on :
 
Grabbed 250 SKF at $94.80. Should of waited longer. $93.30 now. [Frown] Sell in at $103.
 
Posted by Runamuck on :
 
R1 Man watch ITCD I saw you had it on a watch list one time.
 
Posted by R1 Man on :
 
quote:
Originally posted by Runamuck:
R1 Man watch ITCD I saw you had it on a watch list one time.

I don't play OTCBB stocks anymore. I am playing the swings now in big board stocks and ETFs. But that stock has very low volume which I would suggest you to avoid.

Well, looks like I bought SKF a day too soon. $91.50 ask. [Frown] I think another up day Thursday. Hoping we can catch a down day soon. Changed my sell to $100.10 on SKF. I still have another $53,000+ to play with...hmmmm????
 
Posted by AJGrano on :
 
I'm going to most likely sell all my DRYS today and pick up some FAS early.
 
Posted by SoAngel on :
 
In FAZ yesterday at 19.08 and in for more today at 17.17.
 
Posted by AJGrano on :
 
Looking at it now I'm thinking about grabbing some FAZ instead, can't see this rally just keep going. Gotta have some big selling either later today or tomorrow.
 
Posted by R1 Man on :
 
Grabbed 100 shares of SRS at $46.50.

Still have another $48k to play with. Still holding 250 SKF, 600 DRYS and 1400 VG.

Was going to buy LVLT this morning at $0.94 but chickened out...$1.04 now. [BadOne]

Can win them all.
 
Posted by Free Muney on :
 
shorted some retail think bad news is coming out about unemployment tomorrow... jcp was hitting major resistance... markets due for a pull back i
agree aj.
 
Posted by AJGrano on :
 
Picked up 150 shares of FAZ at 17.35
 
Posted by AJGrano on :
 
I really liked FRPT around that 4.80-5.10 range, really wish I had picked that up recently. Very nice day for it, same with RIMM now with these crazy afterhours numbers.
 
Posted by R1 Man on :
 
quote:
Originally posted by Free Muney:
shorted some retail think bad news is coming out about unemployment tomorrow... jcp was hitting major resistance... markets due for a pull back i
agree aj.

I don't know what the numbers will say but Michigan gained another 0.1% to make 12% even. So I think the nation will follow suit. Just remember....all of us AUTO WORKERS are ALL back to WORK! If not, the 12% might be 12.4%.

I do think the market will go down Friday.
 
Posted by R1 Man on :
 
Grabbed 100 more shares of SRS at $44.25. Have 200 shares now at $45.375. Changed sell to $52.

Debating on what next to load up on. Still have a bunch of $$$ to play with. I have been debating on shorting a few stocks. TRW at $5.10, LVLT at $1.04, MGM at $3.78.

Will likely stay where I am for now and keep playing down market. Can't see it holding up today and thinking down week next week.

FYI....The government home loan program that came out in March. The current rate is around 4.75-5% for 30 year fixed. The government program will let you refinance for that rate at no costs...from what I hear. I have countrywide and my loan is insured by FNM. Restrictions that I know of is you can have a Debt to Equity ration of 80-105%. If you don't pay PMI then you won't pay it with the refinance under the program. Countrywide will not know until next week sometime and will update then. Sounds like a great program to me!!!
 
Posted by rajthebam on :
 
in FAZ at 16
37 shares
 
Posted by AJGrano on :
 
Man I am a complete idiot. I dumped my FAZ for a 5% lose because I thought the FINS were going to end up rallying. Picked up some BAC and noticed that FAZ was moving back up and no Fin's besides Barclays (BCS) was moving. Dumped BAC for even money and then picked up FAZ again around 3:15ish and fell asleep by accident to wake up with it down like 5% more, ugh I really really thought we'd have some kind of sell off the way the market moved today.
 
Posted by Morpheus on :
 
R1..i bought back into SRS at the close on friday 38.25..seemed like a good thing to do at the time..it really dumped bigtime while the market was moving very litle..bunch of KIM and other real estate upgrades..something funny going on?? I alos grabbed some TZA at the close too..small position..I am also fully leveraged BIG time in SIRI and F..i think they have great prospects upcomming.they are my only (long term..whatever that is these days) holdings for now
 
Posted by Morpheus on :
 
i been long and short LVS 3 times today and up nicely..this has a lot of movement
 
Posted by Morpheus on :
 
taking my long profit on F right here...reverse my position for a brief while ..im short 2k shares at 3.77
 
Posted by Morpheus on :
 
now im taking a long position in F 3k shares at 3.57...eeeehhhhaaaaaaa...i luv luv luv cyber vegas
 
Posted by Morpheus on :
 
hit my stop a 3.69...all out for now of F...get it on little doggies
 
Posted by Morpheus on :
 
back in at 3.75 and remaining long on F for now
 
Posted by Morpheus on :
 
did ya all get any SGIC...i did not...but it looks really good from here
 
Posted by R1 Man on :
 
Grabbed 5,000 shares of DISK at $1.75. Selling at $1.82. They have a offer to get bought for $2.75 a share cash. Not sure why its not around $2.50 but going to take the $350 profit and run.
 
Posted by R1 Man on :
 
quote:
Originally posted by Morpheus:
did ya all get any SGIC...i did not...but it looks really good from here

I thought you were crazy when I saw this pick that went from $0.13 or less to $0.49. Then today its up 50% again. WOW!! Still scared of it.
 
Posted by rajthebam on :
 
out of FAZ at 18
gain of 68 or 11%
 
Posted by R1 Man on :
 
Good for you raj....still holding everything. Wish I had averaged down on SKF and SRS. [BadOne]

Not sure what I was thinking with DISK....but the news says they are getting bought for $2.75 a share cash....so hmmm???? Morpheus....a little help on that one????

By the way, the UPTICK RULE is getting voted on Wednesday, could be bad news from what it sounds like. No more SHORTING.
 
Posted by AJGrano on :
 
dumped all my FAZ yesterday at 17.90. Going to watch DRYS again early in the morning and see how its doing pre-market since it had a big dip yesterday. Hesitant to pick it up though because I think its run is probably over now. Still kicking myself that I didn't pick up that PLD last week when it was at like 5.
 
Posted by SoAngel on :
 
I am still all in FAZ and AGQ. I am down quite a bit and just had a maintenance call that I paid so I could keep holding.
 
Posted by R1 Man on :
 
Grabbed 1,000 shares of DRYS at $4.38. Have 1,600 shares at $5.925 average. Beats my $8.50 average of 600 shares.

Holding:
1,400 VG......sell set for $1.10
250 SKF.....sell set for $97.10
200 SRS.....sell set for $48.00
5,000 DISK....sell set for $2.00...might raise($2.75 buyout)
1,600 DRYS....sell set for $7.00

Was going to flip AA a few times but have my son all week. Thursday I will flip something....but what???
 
Posted by AJGrano on :
 
quote:
Originally posted by SoAngel:
I am still all in FAZ and AGQ. I am down quite a bit and just had a maintenance call that I paid so I could keep holding.

damn man, FAZ is taking a killing today in pre-market
 
Posted by rajthebam on :
 
got in on FAZ at 14
49 shares....hope this pays off.
 
Posted by SoAngel on :
 
AJGrano, yeah, I am hurting, but I am hanging in there. [Smile] I was irritated earlier, but now I am over it. We'll see what happens.
 
Posted by SoAngel on :
 
Hell, I have had a lot of beer, I may just pick up some more FAZ...
 
Posted by SoAngel on :
 
Sigh.

Picked up 50% more FAZ than I already had at 10.45.
 
Posted by SoAngel on :
 
Beer is bad.

I love it.
 
Posted by SoAngel on :
 
R1 Man - You still holding SKF ?

I am hurting, but if you are still holding, you gotta be hurting as well [Frown]
 
Posted by R1 Man on :
 
quote:
Originally posted by R1 Man:
Grabbed 1,000 shares of DRYS at $4.38. Have 1,600 shares at $5.925 average. Beats my $8.50 average of 600 shares.

Holding:
1,400 VG......sell set for $1.10
250 SKF.....sell set for $97.10
200 SRS.....sell set for $48.00
5,000 DISK....sell set for $2.00...might raise($2.75 buyout)
1,600 DRYS....sell set for $7.00

Was going to flip AA a few times but have my son all week. Thursday I will flip something....but what???

SoAngel....I own everything above. Yeah....I was feeling some heat seeing my account down more then $10,000. Bit things are looking far better. Not going to sell for a loss and my DRYS is very close to break even now. $5.95 is even....but not sure if I want to sell it yet. I did grab 1,000 shares of DRYS last week at $4.38 and that is what saved me on that one. But looks like SKF/SRS/FAZ will all move up nicely today. I feel like a idiot buying DISK at $1.75....I found some news talking about the $2.75 buyout all the way back from November. So guess this is a drug out BS news game. It would of been nice if I did get $2.75 per share....I would make $5,000 on it.

So....trade for today. DXO....sit back and look for $2.90 a share and pounce it. Ride it back to $3.10 and dump for a 6.9% gain. I think you can buy SRS/FAZ/SKF and be safe today. They have a lot of bad news out today and GM/CHRYSLER concessions/Bankrupcy rumors will hold the market down the next couple of weeks. Chrysler has 15 days to work out a deal or liquidate and make me unemployed. GM has 45 days now but rumors of them making a new company which would buy all the assets of GM and leave the junk in GM which folds. What a terrible plan for the economy.
 
Posted by R1 Man on :
 
quote:
Originally posted by SoAngel:
R1 Man - You still holding SKF ?

I am hurting, but if you are still holding, you gotta be hurting as well [Frown]

Pist....when it comes back up and higher...we will be like Morpheus and say....LUV LUV LUV CYBER VEGAS!!! [Were Up]
 
Posted by Morpheus on :
 
i still luv luv luv cyber vegas...still holding SIRI and FITB. im also really liking the builders..grabbed LEN at close yesterday and still hold..bailed at the close on PLD and AXP ..dabbled into SKF for a roll of the dice at tommorrow opening bell..SIRI will add to my wealth in a big way (realitivly speaking) as I am fully leveraged to the max on this..400,000 shares so wish me luck
 
Posted by Free Muney on :
 
ano after a monster sell off is rallying hard.

might wait for an entry point as it is overbought.
 
Posted by Morpheus on :
 
been out taking advantage of this beautiful spring weather, driving little carts and chasing little white balls around vast well manicured landscape. Low and behold , life is good today, FITB and my big holding, SIRI is once again, up. ( I really luv luv luv $12K days) Before I met my buds at the clubhouse, i did however take advantage of the nice pop SKF gave me first hour in the am. I will be here, trading like a mad man in the friday am..right now, i believe i will be bearish bias....have my sights set on SRS SKF and short CAR and AMR..so good luck to all
 
Posted by R1 Man on :
 
quote:
Originally posted by Morpheus:
been out taking advantage of this beautiful spring weather, driving little carts and chasing little white balls around vast well manicured landscape. Low and behold , life is good today, FITB and my big holding, SIRI is once again, up. ( I really luv luv luv $12K days) Before I met my buds at the clubhouse, i did however take advantage of the nice pop SKF gave me first hour in the am. I will be here, trading like a mad man in the friday am..right now, i believe i will be bearish bias....have my sights set on SRS SKF and short CAR and AMR..so good luck to all

I have to agree with shorting CAR. I was stunned at the sudden pop yesterday. I saw it then but don't understand why it popped. No news out.

Selling DRYS today for a gain. Sold now at $6.25 for a gain of $520. [Smile]

DISK....This stock is pissing me off now. I think the merger agreement is BS!!! I don't know but for $1.27 a share now and a buyout of $2.75 on Monday. Makes me wonder...buy more and roll the dice or just keep what I have and buy something else.

I don't know how to bet on the market anymore. Plus its hard when my son is here wanting my attention everyday, all day.
 
Posted by R1 Man on :
 
Morpheus....CAR hit $1.63 in per-market. Not sure if shorting is wise....???
 
Posted by Morpheus on :
 
did any body grab some SIRI...cause this reminds me of another stocks years back 1999-2000 DISH..i made some quick mola on it from 2 bucks to 5 in a month..sold it and then every day..it kept climbing..never did i jump back in..it hit 80 and every day all i could say i F F F F F F..i believe SIRI is very simular to this today and im not making same blunder today..
 
Posted by R1 Man on :
 
Morpheus....your sitting very pretty with your 400K shares with your $0.13 average. You holding for $2.50????

I'm kicking myself for selling DRYS early.... [Frown] I kind of had a feeling it would keep moving up but $7.09....WOW!!! Missed out on another $1,300+. [Frown]

Thinking about grabbing FAZ at maybe $8.30. Undecided.

Anyone thinking about SHORTING GM??? I think they will likely file for bankrupcy which makes stock worthless. I'm tempted to do it. Just not sure how much to risk....????

Morheus....what is your thought on DISK???
 
Posted by BooDog on :
 
R1 i took some VG, lookin a little itchy but man it filled quick!
 
Posted by R1 Man on :
 
This market is so confusing now. I don't understand why its moving up. Why SKF is soo low. Why SRS is so low. If you go back to the market. When it dropped from 10,000 to 9,500 SKF was $150+ and SRS was over $70. Now the market drops to $6,500 and it goes back up to $200+ for SKF and $90+ for SRS. Now we are at 8,162 and its at $57 SKF and $25 SRS. WTH???? I don't understand these and the rest of the market now.

Make matters worse....I thought about grabbing LVLT when it was $0.75 and didn't. Then thought about grabbing it when it came down to $0.93 from $1.05 and didn't. Then pondered about grabbing it with $8,000 worth for $0.99 this morning and didn't. Now its $1.22+ [Wall Bang]

Well, throw some picks out there fellas and lets make some money.
 
Posted by BooDog on :
 
i'm still playing some of the fins.
PMI right now .69/.7 MBI can't seem to get back under $5 likes to bounce though lol. like to see ABK back under $1.
a few others OWW has been pretty good swinger, flipped ARM and got out too soon earlier this week, think it could reset on GM worries though it has pretty good fundamentals imo.
 
Posted by Morpheus on :
 
I been tossing out my out my pick...SIRI
 
Posted by Morpheus on :
 
i just gave it a hair cut of 100K shares..im up 48,000 smakers today...WOW ..Im ready for a mexican cruise...think I will book it today
eeeeeehhaaaaa...I luv luv luv cyber vegas
 
Posted by Free Muney on :
 
i missed drys... pissed. chart looked great yesterday. *kicks self in face*
 
Posted by Free Muney on :
 
damn morpheus. nice work.
 
Posted by R1 Man on :
 
ABK is another example. How can anyone buy any of these stocks when the stocks have doubled and even trippled over the past 2 months. I would be scared to buy any of them.

PMI....here is a tip. The OBAMA plan for refinance is a joke in many ways. I called about it yesterday and got the scoop. You can refinance and still pay the closing fees ($2,500-5,000 depending on loan value and points). However, it allows the home owners to lower their payments down because of the lower interest rates. But now people's credit scores are far lower now and sure they can refinance lower but its not a big gain. If you didn't pay PMI before....you don't have to pay it when you refinance even if you owe more then its worth. So its really not worth it. As for CREDIT SCORES....I will share mine....9 months ago mine was 794....today its 715. Since then I bought a Jeep, applied several times for home loans to buy another house and have a little credit card debt but not too much but transfered the debt to a new card. So all that hit my credit report. So they said if I was at my former score...my rate would be 4.75% with no points....but since its lower....I would get 5.375% with no points. How is that fair??? I have never missed a payment or ever been late on any payment ever in my life. Silly I think. But I see BAC making some big MULA off the Obama plan since they own Countrywide. So I expect Countrywide to post some profits which will boost BAC next quarterly earnings report.
 
Posted by Morpheus on :
 
short drys 7.03
 
Posted by Morpheus on :
 
i know dudw its f in crazy...i still have 300K shares left and 30K in my kids account
 
Posted by R1 Man on :
 
quote:
Originally posted by Morpheus:
i just gave it a hair cut of 100K shares..im up 48,000 smakers today...WOW ..Im ready for a mexican cruise...think I will book it today
eeeeeehhaaaaa...I luv luv luv cyber vegas

Congrats!! So your holding for $0.75 for your next 100K sell???
 
Posted by Morpheus on :
 
i know dudes
 
Posted by Morpheus on :
 
yep..i thought it would have taken much longer to hit above .50 it took off very fast...still 4 weeks till earnings report which will be good..you will see..im holding for a buck
 
Posted by R1 Man on :
 
So what is the market doing next week??? GAIN or LOSS and how much???

I am soo clueless everyone!!!
 
Posted by Morpheus on :
 
that drys is wacked out...still going higher...hmmm
 
Posted by Morpheus on :
 
stopped out at 7.05 on drys and reversed to long
 
Posted by R1 Man on :
 
I sold DRYS today....WAY WAY WAY too early!!

Guess your house will be paid off this year Morpheus after your SIRI sells.
 
Posted by Morpheus on :
 
got a stop on drys long at 7.03
 
Posted by Morpheus on :
 
its already paid off...im lucky that way...im looking to buy a condo at Lake Tahoe
 
Posted by R1 Man on :
 
I'm going to hold off until Monday to buy. Allow the weekend to dictate what I do. Feel like Humpty Dumpty sitting on the wall with the market.

That is great news Morpheus. I should get mine paid off in 5 years or less I'm hoping.

Well, gonna go grab a beer and ride my motorcycle. Enjoy the weekend all!!!
 
Posted by Morpheus on :
 
i been in and out of 6k shares LVS 3 times in the last 15 minutes..its nuts currently long from 5 with limit sell at 5.10
 
Posted by BooDog on :
 
quote:
Originally posted by R1 Man:
ABK is another example. How can anyone buy any of these stocks when the stocks have doubled and even trippled over the past 2 months. I would be scared to buy any of them.

PMI....here is a tip. The OBAMA plan for refinance is a joke in many ways. I called about it yesterday and got the scoop. You can refinance and still pay the closing fees ($2,500-5,000 depending on loan value and points). However, it allows the home owners to lower their payments down because of the lower interest rates. But now people's credit scores are far lower now and sure they can refinance lower but its not a big gain. If you didn't pay PMI before....you don't have to pay it when you refinance even if you owe more then its worth. So its really not worth it. As for CREDIT SCORES....I will share mine....9 months ago mine was 794....today its 715. Since then I bought a Jeep, applied several times for home loans to buy another house and have a little credit card debt but not too much but transfered the debt to a new card. So all that hit my credit report. So they said if I was at my former score...my rate would be 4.75% with no points....but since its lower....I would get 5.375% with no points. How is that fair??? I have never missed a payment or ever been late on any payment ever in my life. Silly I think. But I see BAC making some big MULA off the Obama plan since they own Countrywide. So I expect Countrywide to post some profits which will boost BAC next quarterly earnings report.

We just refinanced last week credit scores varied by agency almost 50 points but we still got our rate of 4.75, maybe we coulda waited but so far looks like we're good. And yes, they have tried lowering scores which explaines the range. wife and i are both in the top 700's and she even friggin beat me LOL - that's okay since she does my taxes too.
 
Posted by BooDog on :
 
Tom Gardner's Top 5 Financial Must-Reads
By Ellen Bowman
April 17, 2009 | Comments (0)

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Go to your local chain bookstore and take a gander at the “Business” section. You’ll see more books on business, finance, and investing than you can shake an empty wallet at. All of them want your attention, but which are worth your time?

Fool co-founder Tom Gardner set out to answer that question by creating a reading list for his Motley Fool Hidden Gems newsletter subscribers. The list encompassed every level of financial savvy, from elementary school to doctoral degrees. You can take a free trial of Hidden Gems to see the full list, but here are the five you absolutely must know, whatever your level of expertise.

Elementary school
One Up on Wall Street, by Peter Lynch. This “must-read for the rookie investor” walks you through Peter Lynch’s rational, “invest in what you know” approach to evaluating companies. Lynch amassed a legendary track record running the Fidelity Magellan Fund, so it’s worth listening to what he has to say. Looking for companies in disagreeable industries, companies being bought by insiders, and companies with a compelling niche led Lynch to such success stories as Fannie Mae (NYSE: FNM), Philip Morris (its tobacco business now split between Altria (NYSE: MO) and Philip Morris International (NYSE: PMI)), and Lowe’s (NYSE: LOW). Before you gasp at Fannie Mae’s inclusion, remember that Lynch retired as a fund manager in 1990.

Junior high
Investment Fables, by Aswath Damodaran. In this book, Damodaran, a professor at the Stern School of Business of New York University, looks at several investing strategies – low P/E stocks, stable earnings, and momentum, for example – and tests whether they hold up in the real world. This “excellent addition to any investor’s library” can help keep you from getting fooled the next time someone tells you about a brand-new strategy that just can’t miss.

High school
The Intelligent Investor, by Benjamin Graham. You’ve heard of Warren Buffett, right? He runs a little company called Berkshire Hathaway (NYSE: BRK-A)? Well, Benjamin Graham taught Warren Buffett how to do what he does so well. That should help explain why The Intelligent Investor is considered a “superb reference book” for investors of any stripe.

University
You Can Be a Stock Market Genius, by Joel Greenblatt. The thesis of Greenblatt’s 1997 work is a very Foolish one – that “the small investor -- without portfolios totaling hundreds of millions or billions of dollars --has an advantage over professional investors.” Case studies of spinoffs help to illustrate the author’s point. The book isn’t for beginners, but it’s a solid guide to some advanced investing strategies.

Grad school
The Road to Serfdom, by F.A. Hayek. This classic work arguing against increased governmental control over economic affairs is as relevant today as it has ever been, if not more. Recent federal bailouts of automakers such as GM (NYSE: GM) and financial institutions such as Bank of America (NYSE: BAC) make this a must-read for anyone concerned with the intersection of politics, government, and economic policy.

Want extra credit for this crash course in financial literacy? Click here for a 30-day, no-obligation free trial of Hidden Gems, and see Tom’s whole list of required reading.
 
Posted by Morpheus on :
 
biggest day ever for morpheus..gonna have a nice rib-eye on the bar-b...oh yeah..im short (except for SIRI which i still hold) for the monday open via SRS SKF TXI .. have a good week end
 
Posted by SoAngel on :
 
Congratulations Morpheus. I am also short ... on my account balance ... another maintenance call today.

Everyone have a good weekend.
 
Posted by R1 Man on :
 
quote:
Originally posted by SoAngel:
Congratulations Morpheus. I am also short ... on my account balance ... another maintenance call today.

Everyone have a good weekend.

We all have that problem once in a while. TDAmeritrade called me today wanting more money and said they would sell something at close or sooner. So I hurried and sold DRYS freeing up some much needed cash. Anyways, we will see what happens next week but come on now with some negative earnings!!!

PS....do you all remember years ago when GOOD NEWS meant the stocks went down and BAD NEWS the stocks went up. What ever happened to that??? [Were Down]
 
Posted by R1 Man on :
 
JAVA....getting bought out by Oracle for $9.50 a share. I was going to buy it last week at $6.25. [Frown]

DISK....Pisses me off. They cancelled the merger. Thinking the stock drops to $0.80-0.95. I only bought it for the $2.75 buyout merger. [BadOne]

BAC....down more then 10% this morning. DOW will open lower it looks [Smile]

FAZ looking good....up 8.4% from Friday's close.

Oil is down so DXO looks good for loading up on at $2.75. They saying OIL prices should stay between $45-55 a barrel.
 
Posted by rajthebam on :
 
i have FAZ holding at 14....its looking like an up day for FAZ but low overall.......
 
Posted by Morpheus on :
 
go siri go
 
Posted by R1 Man on :
 
Grabbed 600 Shares of DXO at $2.63. Selling at $3.10.
 
Posted by Morpheus on :
 
just picked up 10K shares of F at 3.68
and i also grabbed back 100K shares of siri at .502
 
Posted by Morpheus on :
 
siri has the customers, cornered the market and will be raising rates due to the monopoly they enjoy..alos they are comming out with handheld devices and such..sounds good to me
 
Posted by SoAngel on :
 
quote:
Originally posted by rajthebam:
i have FAZ holding at 14....its looking like an up day for FAZ but low overall.......

I am averaged in at like 15.90 or something. Still has a long way to go before I am out of it.

But AGQ has me way worse off than that [Smile] At least up a few percent today though.
 
Posted by R1 Man on :
 
Put an order in for 500 FAS at $5.90. Will have my son soon...so good luck all. Also, might grab some more DXO. Kind of curious about the anouncement coming shortly. Well, gonna change it to $5.75....screw it.

Looks like FAZ might hit $13 today. SKF might hit $78-80 and SRS might hit $38 today. I think the meeting will be negative news.

F...I wouldn't of bought that Morpheus. Moved up too fast.
 
Posted by R1 Man on :
 
Just grabbed 1,000 shares of DXO at $2.48. Have 1,600 now at $2.54 a share average.
 
Posted by R1 Man on :
 
I liked it better when Geigter didn't speak. [Frown]

Ohh well....DXO moved back up slightly. [Smile]
 
Posted by Morpheus on :
 
my trades today were in and out of the following..F chs isrg lvs met mzz sks srs skf...i did buy srs and skf when the marrket was up in the last hour..and continue to hold overnight 400 srs and 200 skf...going down tomorrow is my bet
 
Posted by Morpheus on :
 
oh yeah...loaded up on 1000 FAZ too in my IRA at 8.60 after that first hour plunge..
 
Posted by rajthebam on :
 
mixed data this morning? unemployment reports disappointing but futures are showing up....can't tell what to expect? i forsee a up/down day with not much movements
 
Posted by rajthebam on :
 
anyone here today? morpheus?
 
Posted by Morpheus on :
 
no body here but us chickens!!
 
Posted by R1 Man on :
 
Sold my DXO for $2.62 for a $114 gain. Not much but better then nothing. Debating on what to buy....???
 
Posted by R1 Man on :
 
http://news.yahoo.com/s/ap/20090422/ap_on_fe_st/us_odd217

Nice SoAngel....I will make sure I never give you my phone number now. That is a RIOT!!! Hey, if you go on CNN.....make sure you say something to boost ours stocks.

Anyways, nice 3,000 PAGE PLUS bill....$26,000. WOW!!!!!!!!

Just imagine if the phone company has to credit each text individually....LOL!!!

But great thinking with having the UNLIMITED on both types of TEXTING!!! But 217,000+ textes in 1 month....HOLY CRAP!!!!!
 
Posted by Free Muney on :
 
syna releasing earnings tomorrow. should be good news.
 
Posted by SoAngel on :
 
R1 Man - Haha, thanks, yeah, the media kinda blew the whole thing outta control. I contacted a local TV news place about it because of the phone bill and that is the ONLY place I contacted. It just blew up from there. Doug and I did 2 radio interviews today (one was live), and I did a couple myself yesterday and we did interviews with ABC News and a bunch of others, but I think it is finally calming down.

Making front page of yahoo.com was pretty impressive, but I was glad when it was gone from there. I also enjoyed Howard Stern calling me a Stupid Bas tard [Smile]
 
Posted by SoAngel on :
 
As for stocks, I am still holding my FAZ and AGQ and waiting.
 
Posted by taters1977 on :
 
BooDog, R1, Morpheus, SoAngel, Rajthebam and Everybody else!

Can you offer any advice? I've lost a ton on SOSO ( I bought it with QTM after the spike and it has since lost 90%). I'm down on SSHS and UTRM. I just sold off my RNMM and QTMM to buy FAZ. I'm holding 5000 shares of MESA, 1000 shares of EEE and 1000 shares os SRZ. In two months I've managed to make and then lose 3K. Looking for anyone's opinion on wha to hold and what to dump and what to then buy. I'm a Military guy stuck in the middle east right now and I can't spend my pay anywhere else so it would be nice to come home in 2010 with enough scratch to put a down payment on a house. Thanks for reading my rant, and thank you all in advance for any replies!!!!!
 
Posted by T e x on :
 
Not familiar with all your tickers (except FAZ), so do more DD re any chance of bounce, and get ready to earn your trading stripes.

Not saying this to be mean, but basically you shouldn't be trading with real capital at this stage of your development. At 90% down, you need to get real, real quick--recognizing there might be a bounce in there somewhere but basically you're wiped out, if you're saying your capital has been reduced 90%.

If so, you've dug such a deep hole, it's time to quit digging and preserve as much capital as possible. Then start reading and asking questions. Rinse and repeat. Meanwhile, build back your stash of capital, for example, 50 bucks a paycheck--and start over. But next time, paper trade for 6 months before beginning to trade again, a few--very few--trades a time.

I'm guessing here, but maybe you entered too many positions to monitor effectively. Yes?
 
Posted by Morpheus on :
 
taters..im all in on SIRI with 450K shares..I added 100K today at the close..I also am all in on F with 5K shrares i bought at 2.75 last month , sold at 4.25 and bougnt back in at 3.50 2 days ago..they are my only longterm holding for now. the rest of the days are very hard to determine day to day..I love the SIRI and F story..after all F did not take any gov money and looks to be doing really well and SIRI has a monopoly of the whole damn country..( I have been accumulating since it was below .10 a share, in and out 100K shares a few times in the last month) want my advice..( I rarely give advice)sell all you got and buy and hold these, I think you will do good, i am please up to now and still looking for a near term high of 1.50 they report earnings first week in may and my millionaire sources say its all good braw..

http://seekingalpha.com/article/132576-sirius-poised-to-benefit-from-auto-sector -upgrade?source=yahoo

http://www.paidcontent.org/entry/419-Sirius-debt-challenges-aside-satellite-radi o-has-largely-lived-up-to-ex/
 
Posted by taters1977 on :
 
I'm only down 90% of my investment in SOSO. I've also got a pretty stable stake in Large Cap and Intnl. I only have about 15% in Micro, however I am a young investor and would like to entertain my "large risk" investing while I am still single and have no debt. That being said, what would be a realistic return goal for my 15% "high risk"?

Clearly I think I spread myself out too much in these micros. My strategy was to mitigate risk by diversifying, however that tactic seems to have backfired. Sooo, would you reccomend making fewer, more confident moves in small cap?

Thank you again!!!
 
Posted by taters1977 on :
 
Thanks for the help. I'm only down 90% on SOSO, my other postitions that are down but are long term buys, so I'm not too worried. I have between 70-80% in Large-Mid Cap and Intnl. Its my 20-30% in Micro that I'm struggling with.

I had tried to spread my Micro over several different stocks so as to mitigate the risk I'm exposing myself to, but I think you are advising to make/have fewer, but less speculative micro positions?

Thanks again!
 
Posted by R1 Man on :
 
quote:
Originally posted by taters1977:
BooDog, R1, Morpheus, SoAngel, Rajthebam and Everybody else!

Can you offer any advice? I've lost a ton on SOSO ( I bought it with QTM after the spike and it has since lost 90%). I'm down on SSHS and UTRM. I just sold off my RNMM and QTMM to buy FAZ. I'm holding 5000 shares of MESA, 1000 shares of EEE and 1000 shares os SRZ. In two months I've managed to make and then lose 3K. Looking for anyone's opinion on wha to hold and what to dump and what to then buy. I'm a Military guy stuck in the middle east right now and I can't spend my pay anywhere else so it would be nice to come home in 2010 with enough scratch to put a down payment on a house. Thanks for reading my rant, and thank you all in advance for any replies!!!!!

Ok Taters,

First off....you have played with some fire there with the OTCBB stocks. Get away from that!! Ok, the stock market right now is very uncertain right now. I agree with TEX. I have never heard of most of them with the exception of FAZ, EEE, SRZ. I have never owned any of them before. I read something about ETFs which is what FAZ is and it said they are designed for those who want to hold for a few hours. So in other words, if your busy with the military, you might want to dump it when you can. I would buy various stocks each month or every several weeks. You will average your price over the months. I think the markets will be up big with in the next year or two.

Don't chase stocks!!!

If you can't babysit your account then don't buy risky stocks. Good less risky stocks would be like GE, T, WMT....and others like those. Grab things that pay divys. Has earnings and good balance sheets.

Stay off the other threads on here. Most of them are all BS scams.

Good luck man.
 
Posted by Morpheus on :
 
I also agree with TEX..jut do steady buy with a fixed amount of funds every paycheck..say 300 bucks or what ever you determine..its called averaging..what ever the price, every friday, buy, some time you will get more shares some weeks less..just kiip in mind, F is not going anywhere for a long time and SIRI , although a penny stock, it is a really unusual penny stock, unlike anyothers, I very rarley put mola into sub dollar stocks, but think about it, they own the whole network in the country, they got howard strarns, opra winfry and others on the payroll..they are not your normal start up penny stock BS..the other time I put big bucks into a penny stock was just after the crash of 2002 when NT was around 40 cents I had been buying from 2 bucks and when it hit 40 cents i put what was a ton of bucks for me then into it..they and CSCO where at the time the biggest telco equipment mfg in the world..it jumped to 3.50 in about 2 months..my good muck then..I think (and feel) this is just that same situation
 
Posted by taters1977 on :
 
Morpheus,

I love F, I'm holding 200 shares after buying 500 at 1.87 and selling 300 at 3.30, thus my 200 are pure profit.

I'll check out Sirius thanks!
 
Posted by Morpheus on :
 
my good muck then= made good buck then

howard starns= howard sterns

I have a bad case of fat finger most of the time!!
 
Posted by Morpheus on :
 
taters, it must be mid morning Friday for you right now.. in the middle east and all?? im i malibu CA and its 10:40 pm right now..
 
Posted by taters1977 on :
 
Yep, its about 0845 here, but I frequently work nights. I spent almost 4 years in SoCal around Camp Pen!
 
Posted by taters1977 on :
 
MESA is up 56% before the bell! I've seen a lot of activity with them lately. I think they have a good business model and stand to do well as long as oil is stable.
 
Posted by taters1977 on :
 
ok back to 20% but maybe...
 
Posted by R1 Man on :
 
RAD...easy day trader today. flipped twice now.
 
Posted by Free Muney on :
 
looks like market is moving to red by eod, imo.
 
Posted by R1 Man on :
 
quote:
Originally posted by Free Muney:
looks like market is moving to red by eod, imo.

I wish that was the case. But not going to happen.
 
Posted by SoAngel on :
 
I wish as well. I may buy into a bit more FAZ near the close today ... I am down quite a bit on it, so I am still undecided.

At least my AGQ has recovered some, I am only down like $1,200 on it now, lol [Smile]
 
Posted by Morpheus on :
 
R1..RAD is an old favorite of mine..nice going on the trading ..it is now on my radar too..thanx..i am also watching DDRX as it has a lot of action lately too
 
Posted by Morpheus on :
 
nothing but good news all around for SIRI lately..as most of you know..with this stock it is make or break for me..i am leveraged to the gills in a big way..im not only looking for the may earnings report..but after that too..

http://seekingalpha.com/article/132901-are-automaker-woes-a-blessing-in-disguise -for-sirius-xm?source=article_lb_articles
 
Posted by Morpheus on :
 
im positioned as of close friday with bear in mind (excluding SIRI and F) im in as of open monday am..day trading with SKF FAZ UNG and short DIS (swine flu and all)also looking to short AAPL sometime during mondays trading..will be playing MSFT too..
 
Posted by Morpheus on :
 
i was just checking over many charts and the casios stocastics look to be turning downward and many are ripe for a fall..LVS MCRI WYNN ..to name a few..im looking to short these as well monday
 
Posted by taters1977 on :
 
Airlines are going to be hit hard...DAL, LUV, LCC
 
Posted by taters1977 on :
 
b/c swine flu.....
 
Posted by R1 Man on :
 
I think I will play RAD again at $0.91....target sell is $0.96....dang....saw it go down and changed it to $0.90....sitting back for a sec. But buy order is in.

MISSED IT!!! [Frown]
 
Posted by taters1977 on :
 
MESA is still going up steady.
 
Posted by T e x on :
 
looking good--do you have an exit price firmly in mind?
 
Posted by taters1977 on :
 
no, I'm still studying day trading. I'm holding 35000 shares as mid to short term growth stock.
 
Posted by T e x on :
 
understood, but even then -- every trade, ideally -- you don't enter unless you have an exit strategy in mind, first. In other words, plan your trade, trade your plan...

good luck
 
Posted by taters1977 on :
 
I bought in at .14 and hopefully I will begin a veeeery gradual sell off at .29, or a dump if it dips to .19.

Thanks again for the advice. Do you recommend any particular books on the market/trading? I've already ordered a couple from BooDog's post on the 17th.

I'm going to start some paper day trading after the 1Q earnings are all done and see if I can manage to earn $2k a month for four months with a $50k stake. (on paper only!)
 
Posted by R1 Man on :
 
DNDN....one of my father's picks. Well, it shot up to $24 from $5 and now they released some news break and crashed down to $11 and halted now. Will be NUTS when it re-opens. 20% of the stock is short.
 
Posted by Free Muney on :
 
HA moving a/h after earnings. smaller cap, might be a good swing for tomorrow. imo.
 
Posted by taters1977 on :
 
this is mostly speculative, but I spent four years in HI. With Aloha Airlines out of the market there is definately less competition between airlines. However the intra-islands carriers make a lot off of military flights going from Oahu to the big island for training exercises. These flights are way down for this quarter as the majority of military units from the island are deployed right now. I think earnings might be under the mean. Just speculative, but thought you might be interested.
 
Posted by R1 Man on :
 
URRE....debating on shorting it. $1.32 now....up 49% today. Been in the ruts for months. But used to be a $6.00 stock. ???? Think I will roll the dice and cover at $1.27.
 
Posted by R1 Man on :
 
DANG.....just submitted order and it dropped!!! [Frown]

Maybe play it back up.....????
 
Posted by Free Muney on :
 
r1 what the hell is going on w. dndn??? crazy 2 days
 
Posted by Morpheus on :
 
good times ahead for SIRI..today is most likely the least cost we will see for a long time..
http://stockshockmovie.com/

also news about a takeover target is brewing..should be good for the price..time will tell..yesterday, i just loaded back up to 50k shares with a cost of .37..looks good so far
 
Posted by Morpheus on :
 
make that 500K shares...I am leveraged to the hilt with SIRI..i have put all my last years take and then some on the line..call me crazy..this is at least worth a couple of thousand bucks risk to some of the guys on this thread..the clues are like no other I have found in a very long time..so there ya go and there ya be..good luck to us
 
Posted by R1 Man on :
 
quote:
Originally posted by Free Muney:
r1 what the hell is going on w. dndn??? crazy 2 days

They have a new drug coming out and it will make them tons!!!

I am grabbing some SIRI today at $0.3901.

I have the following now:

1,000 UAUA
1,800 DISK
6,500 SIRI
250 SKF
200 SRS
1,400 VG
 
Posted by Morpheus on :
 
r1..i like all but VG..looks like a good portfolio to me..I too picked up more SIRI, and SRS at the close today .39 in mine and my kids account..they are due to report earnings next week on the 7th..good luck to us..im honestly feeling a 50%+ pop on this by then. Another interesting pick is one my big time contractor neighbor and i were kicking around over mass quantities of brews....VHC they are basically a start up company with good pattents and are due any day now for a court ruling against Microsoft which according to him..he just built a house for the CEO of VHC and "there is no way they are gonna loose"..so im in for 1K bucks at 1.11 (that is the most I ever put in on "tips" and specs, especially from a non stock investor neighbor)..cause if the ruling goes as planned.."its going to 20" time will tell..keep in mind this is total speculation but you can read the ****s and such on vinfiz.com..so far so good...read about it and tell me what you think??thats it for today
 
Posted by Morpheus on :
 
****s
 
Posted by Morpheus on :
 
the ****s = B L O G S...I dont know why it blocks it out ..like a dirty word
 
Posted by R1 Man on :
 
Morpheus....good luck with VHC...I wouldn't of bought in on that one.

Here is a old pick of mine that could continue to rocket up. I don't think it will slow down much until it hits $2.00-2.50. Its IVAN I is doubled since march and looks to move up another 23-54% in the next few months.

Well, holding everything for now.
 
Posted by T e x on :
 
quote:
Originally posted by R1 Man:
Morpheus....good luck with VHC...I wouldn't of bought in on that one.

Here is a old pick of mine that could continue to rocket up. I don't think it will slow down much until it hits $2.00-2.50. Its IVAN I is doubled since march and looks to move up another 23-54% in the next few months.

Well, holding everything for now.

yer box is full
 
Posted by R1 Man on :
 
quote:
Originally posted by T e x:
quote:
Originally posted by R1 Man:
Morpheus....good luck with VHC...I wouldn't of bought in on that one.

Here is a old pick of mine that could continue to rocket up. I don't think it will slow down much until it hits $2.00-2.50. Its IVAN I is doubled since march and looks to move up another 23-54% in the next few months.

Well, holding everything for now.

yer box is full
What does that mean Tex?
 
Posted by T e x on :
 
your mailbox, for PMs...time for spring-cleaning [Smile]
 
Posted by SoAngel on :
 
I bailed on my AGQ for a significant loss, but not as bad as it had looked before today.
 
Posted by SoAngel on :
 
Sigh.

Picked up 500 more FAZ at 6.30.
 
Posted by rajthebam on :
 
soangel i picked up FAZ at 6.40 also...now i'm avg in at 10.20ish.... will i ever make money on this? god knows...
 
Posted by taters1977 on :
 
Free Muney
Member


Member Rated:
posted 2009-04-28 23:38
--------------------------------------------------------------------------------
HA moving a/h after earnings. smaller cap, might be a good swing for tomorrow. imo.

--------------------
Contrarian views always appreciated.... [Razz]


HA reported 1st quarter 2009 earnings of USD .46 per share on 4/28/09.This beat the consensus of USD 0.163 by USD 0.297 of the 3 analysts covering this company.Surprise Percent: +182.21%
Surprise Amt.: USD 0.297
Consensus Est.: USD 0.163

Free Muney,

Well I just ate my words. I hope you did not lose out on this due to my post.
 
Posted by Morpheus on :
 
i too have bought FAZ 300-400 shares every day since Thursday before last..man o man.. today was just brutal for the shorts..blah..but it will turn soon..i now have 3000 shares with the 500 today..I was looking at the charts and BAC and FAS have both recently topped at the close price of today..the propagande puppet machine will kick in and soon the winds of change will come..as for me and SIRI..thursday is a hugh day..earnings due out then..it will be either feast or famine..I know im an idiot..and if you are an idiot too..good luck to us.. hey I just heard on the news..my ol alma marter high school, Newbury Park has been closed due the swine flu..hmmmmm...crazy world, crazy times we are living in
 
Posted by Morpheus on :
 
heres the latest..
http://www.thestreet.com/_yahoo/story/10496028/1/sirius-xm-needs-to-show-cost-cu ts.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA
 
Posted by R1 Man on :
 
quote:
Originally posted by Morpheus:
heres the latest..
http://www.thestreet.com/_yahoo/story/10496028/1/sirius-xm-needs-to-show-cost-cu ts.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA

Interesting. That was good and bad news. I do have SIRI in numerous accounts. Way before you picked it and also loaded up after you picked it also. Just wish I wasn't loaded before you said buy.... [Frown]

Anyways, I have to fully agree with the lower customers because of lower auto sales. However, on Chrysler part, the radios are made with SIRIUS Technology which makes me believe that SIRI gets a kick back for the auto makers to offer SIRIUS Radio as advertising. So which makes me wonder who really makes the radios, wires, Roof receivers???

I hope the market pukes soon....Dow future is (12). Needs to be like (750).

So you sell DRYS yet???

I have been watching the metal companies also...they looking hot right now. X, AA, (Forgot the others...lol).

Well, off to finish working....laid off until WHO KNOWS!!! (Chrysler worker...or is that FIAT????)
 
Posted by Morpheus on :
 
all the longs are un f-ing belivable ..CPSL CENX and the coals JRCC and PCX..I picked up 2K shares of CPSL today about 15 minutes after the open(late as I look back)and it climbed higher and then dipped ..only to shake me out like a big chicken and I took a small loss..???? and then the dang thing went and turned right around not 1 minute after I bailed and shot up 50%..it was just one of those days..i kept playing for a reversal via SRS and SKF and LVS ..but got slamed to the floor in the end..looking for a better day tuesday..with the same strategy..short
 
Posted by Morpheus on :
 
SIRI is pushing .45 now..must be news "leaking" out..yeepie
 
Posted by SoAngel on :
 
I was really hoping for an end-of-day downward rally. Not looking good for me!
 
Posted by Morpheus on :
 
just got back from golfing...SIRI up 18% just earnings release ...fellas..good time to "dabble" and take a shot if you have not already..
 
Posted by R1 Man on :
 
Sold UAUA at $6.25 for a $1,060 gain.

Sitting on VG, SKF, SRS, SIRI now...SIRI up 20% for me. Rest are deep red....???

I don't know which way to play the market anymore. We keep testing different waters and seems like Cramer might be right with the mutual funds and investors trying to catch the ride up and BUY BUY BUY. However, Cramer didn't say when it will stop. This is from last nights show.

So, what to buy next???

SIRI....getting the $0.47 barrier BEAT DOWN again. [Smile]
 
Posted by Morpheus on :
 
1 minute left till close..go baby go
 
Posted by SoAngel on :
 
Dropped some near the close, but not like I was hoping for.
 
Posted by Free Muney on :
 
jumped in siri a couple of days ago. liked today's move [Smile] chart looks great for the week. dont know if I will hold over the earnings yet...
 
Posted by Free Muney on :
 
up a little a/h as well... and double the average volume today. looking real good.
 
Posted by R1 Man on :
 
SIRI....Well...I have 2 different quotes....$0.47x0.49 and $0.52x0.54. I have no idea why TDAmeritrade has 2 different ones. But I like that 2nd quote pretty good.

GM....Guess my father was right....Stock gonna crash HARD and FAST!!! Closed at $1.85....ask right now is $1.50. They gonna get 50%+ owned my treasury like my father said. To make that happen...GM will dillute the stock severly!!! My father always said something he would do if it does go down. He would buy $1,000 worth for a NICKLE!!

GM also warned that amendments to its restated certificate of incorporation would increase the number of authorized shares of common stock to 62 billion. The company is also mulling a 1-for-100 reverse common stock split.

"If the restructuring as currently contemplated occurs, there will be very substantial dilution to existing holders of GM common stock," the company said in the filing.

"After the restructuring, as currently contemplated... existing holders of GM common stock would hold approximately 1% of the outstanding GM common stock," it said.


Here is the kicker....can someone explain this....my math doesn't work right....So GM is a public company. They give you 1 share for you 100 shares. Well....I thought that when a stock splits either way that the company would get the same split. So if share holders own 30% or say 3,000 shares and GM owns 70% or 7,000 shares. They do a RS of 1-100. So share holders would own 30 shares and GM would own 70 shares. How is that 1%????

Here is another fire to throw in. Fiat is OK'd to buy Chrysler. Chrysler is OK'd to chop company debt/assets up selling good to Fiat. Fiat wants to buy GM Europe/Germany. So Fiat goes to #2 car maker immediately. Does that mean Ford is next or the last standing AMERICAN AUTOMAKER????

Anyways....just saw that "C" needs $5-10B more to function. That is wierd....that asian guy testified in congress that they didn't need any money a month ago or so. BAC needs $30B.

FRE gets kick ruling so might jump.

Well, off to bed. But FAZ should get a huge KICK today!! [Smile] Thinking it will touch $7.75-8.20. But we know that won't happen.

Wait....got a few to watch. BIDU....it flatlined finally. Thinking it will more down now. CAR got a big kick so might go down. ABK moved up 50% so thinking with bank scares today it will move back down to maybe $1.20.
 
Posted by SoAngel on :
 
quote:
Originally posted by R1 Man:
But FAZ should get a huge KICK today!! [Smile] Thinking it will touch $7.75-8.20.

Wish you were right. Not looking so good now.
 
Posted by R1 Man on :
 
Just got a chance for a quick peak. So how does the market move up when they get bad news. They are calling it: "Bank of America Fails Upward"

That absolutely makes no sense.

CAR....seriously....what is making this stock blow up??? Its up way over 600% from a few months ago. Is this possible for SIRI????

FAZ....I have money available.....don't know if I want to roll the dice and grab any....seems betting on the market going down is the wrong move lately.
 
Posted by SoAngel on :
 
I guess at some point today I will probably buy even more FAZ ... I just am weary with the official stress tests results coming out tomorrow ... if the results are better than expected, FAZ will tumble even harder.
 
Posted by Free Muney on :
 
is it just me or is almost the entire tech sector overbought? does this seem counter intuitive in this kind of market?
 
Posted by R1 Man on :
 
quote:
Originally posted by Free Muney:
is it just me or is almost the entire tech sector overbought? does this seem counter intuitive in this kind of market?

Cramer talked about that the other day on his show and said that mutual funds and investors are trying to catch the ride up. That is why it keeps moving up each day. He thinks it will stay on track for a little while but did say it would be considered OVERBOUGHT but the buying frenzy has got investors buying.
 
Posted by SoAngel on :
 
Well, I just picked up more FAZ at 5.25 [Frown]
 
Posted by SoAngel on :
 
Average is down to 7.17 now, but that seems pretty high considering what it will take to get it back up there.
 
Posted by SoAngel on :
 
Does anyone still see the market taking a downturn anytime soon ? I am tired of making maintenance calls over and over, I am about to just take the loss on FAZ and call it quits for awhile again.
 
Posted by R1 Man on :
 
VG doubled this morning in pre-market. [Smile] Increased outlook for the year and I was selling at $1.10 but might sit on it now for a while. All green on it now. Just wish I had dropped $5,000 more on it like I was going to last week. [Frown]

SIRI....Earnings look flat to me. Not a big change, just slight improvement in many areas. I like that they increased outlook as well.

ALL FINANCIALS are UP BIG!!! [Frown] I'm getting beat down hard playing SKF. Hoping they will turn around ASAP!!!

FRE/FNM....up big today as well. FRE at $1.04. FNM is at $0.97. So what one is at the other will follow. So FNM might gain another $0.07 or 7.2%

LVLT....this one has been jumping back and forth from $1.00-1.25. Currently up but I think if it drops back down. Grab some.
 
Posted by R1 Man on :
 
quote:
Originally posted by SoAngel:
Does anyone still see the market taking a downturn anytime soon ? I am tired of making maintenance calls over and over, I am about to just take the loss on FAZ and call it quits for awhile again.

I have no idea. I have banged my head on the wall alot as well. However, I am playing both sides of the fence now and that has been the only way I have stopped loosing soo much.
 
Posted by Madpammy on :
 
I have been just watching for a while. Morpheus, why is siri so volatile this am? 15% swings
 
Posted by Madpammy on :
 
Nevermind, just found "wider loss than expected".

Sold and took profit, not as much, but profit all the same.
 
Posted by R1 Man on :
 
Guess I should of dumped all my stock this morning. SIRI could of sold at $0.55. VG...could of sold at $0.87. Just my luck....

GREED = DECEPTION

Anyways, here is one to catch a ride on.

UAUA....Was just at $5.48....back up slightly....but I think you can catch this ride from $5.25-30 to sell at $6.00-6.20.

Debating on shorting GM for a nickle or so. I think they are hit!! By the way....They offered GM Europe to FIAT for a 30% stake in FIAT. What a joke!!
 
Posted by R1 Man on :
 
Ohhh yeah....the only reason besides GREED that I didn't sell was because I was going to sell SIRI/VG and load up on FAZ at $4.67. [BadOne] However, seeing all the financials up 10-20% today I was like FAZ might touch $3 range and bailed.

Anyways, good luck all...off to make lunch and down a beer.
 
Posted by SoAngel on :
 
I took the hit and I sold my FAZ. If it crumbles deep into the 4.XX range, I will be a buyer again. If it flies up, I will try not to watch. I am sure it will be the second scenario, so good luck all!
 
Posted by R1 Man on :
 
quote:
Originally posted by SoAngel:
I took the hit and I sold my FAZ. If it crumbles deep into the 4.XX range, I will be a buyer again. If it flies up, I will try not to watch. I am sure it will be the second scenario, so good luck all!

Really sorry to hear that....I think it will keep going up now. Seems like investors are in shock now about how much money the banks need. However the report comes out tonight if I am right....(Been taking care of my son).

I think the market will close -142. Wait....let me double jinx it....market closes up 3,000 points!! [Wink]
 
Posted by SoAngel on :
 
I picked up 500 FAZ at 5.67 to hold. That is much less than I was holding before and it is all cash, so no maintenance calls.

Hope it works.
 
Posted by SoAngel on :
 
Afterhours - FAZ tanking and FAS flying.
 
Posted by Morpheus on :
 
F F F F F F F..

siri..here is my feeling about today...

http://www.southparkstudios.com/episodes/220760

alls i can say..easy come ..easy go
 
Posted by Morpheus on :
 
pooof ...ITS gone
 
Posted by Morpheus on :
 
R1 bud...this could apply to Chrysler too!! thinking of you..
http://www.theonion.com/content/video/autoworkers_compete_to_keep_jobs
 
Posted by Morpheus on :
 
on the southpark page..if it does not load automatically...watch the margaritaville full length episode..current and classic
 
Posted by R1 Man on :
 
quote:
Originally posted by Morpheus:
F F F F F F F..

siri..here is my feeling about today...

http://www.southparkstudios.com/episodes/220760

alls i can say..easy come ..easy go

That is a funny episode!! Carmen is soo bad. That was a great find!! I love South Park but never watch it.
 
Posted by R1 Man on :
 
quote:
Originally posted by R1 Man:
URRE....debating on shorting it. $1.32 now....up 49% today. Been in the ruts for months. But used to be a $6.00 stock. ???? Think I will roll the dice and cover at $1.27.

Wish I shorted this!!
 
Posted by sju1973 on :
 
I shorted DRYS yesterday at 10.50, covered at 8.30. Too bad it was just in practice account!

Holding CEMJQ for about a 2 months now. Bought in at .16 like a moron when it was CEM. and then they went into Chapter 11 bankruptcy like 2 days later and I basically lost the pot. I doubled down and held the shares and I am now finally in the green two months later! I am still holding for a little while, seems to be moving up well the last two weeks.
 
Posted by R1 Man on :
 
quote:
Originally posted by sju1973:
I shorted DRYS yesterday at 10.50, covered at 8.30. Too bad it was just in practice account!

Holding CEMJQ for about a 2 months now. Bought in at .16 like a moron when it was CEM. and then they went into Chapter 11 bankruptcy like 2 days later and I basically lost the pot. I doubled down and held the shares and I am now finally in the green two months later! I am still holding for a little while, seems to be moving up well the last two weeks.

You better sell that and get your money back. Companies that go bankrupt cancel their stock when they come out and the existing stock becomes worthless.
 
Posted by SoAngel on :
 
I am going to pick up more FAZ at 4.50. I am dumb.
 
Posted by Morpheus on :
 
cleared out of half of my SIRI yesterday in the .46 range and another 90% today at .42..I was leveraged to the maximum with 600K shares so I was forced to sell with the big early drop,(and just think I was doing cartwheels up and down my hallways at yesterdays open)BLAH..selling early turns out the right thing to do at the time..all for profit but down huge from yesterdays open (ouch big time)currently only hold 50K shares at today close and will buy back IF it drops to the low 30s (doutful)..SIRI will just go sideways for the next 2.5 months until the next reporting period..which will be tremendous bullish..I hate when i make good money and still are left with a BAD feeling..there goes my Tahoe Condo dream for another few months..My VHC is up great..I only bought 2K shares (this is a true spec penny stock).but hey a winner is a winner..i doubled up (long)on all my inverse 5 minutes before the close today...SKF SRS and FAZ..also shorted LVS (10.52), F (6.25), NM (4.40) and FITB (8.55) 30-60 minutes before the close today..my existing inverse are painful but how many dayS of up are there??? crazy times..crazy MOVES..i must certainly be thinking a black monday open..any thoughts??
 
Posted by SoAngel on :
 
The only thought I have is similar to one of the last things you said ... how many days of up are there? This is crazy. I wasn't expecting a downward disaster or anything but a couple day pullback wasn't out of the question I didn't think. Oh well, we will see what happens as always.

I am holding 800 FAZ and other than that, I just have a few positions of profit shares, so nothing exciting.
 
Posted by sju1973 on :
 
Yes. I know that CEMJQ will most likely be cancelled when they emerge from the bankruptcy. It looks like that will not happen until the end or the year or later. I'm only holding for a week or 2 longer. I have a good gut feeling about this one over the next few weeks at least.
 
Posted by taters1977 on :
 
I'm still watching MESA, lookinf for some activity monday.

http://phx.corporate-ir.net/phoenix.zhtml?c=78947&p=irol-newsArticle&ID=1286244& highlight=
 
Posted by taters1977 on :
 
Here is another one to watch for next week:

RICK

Rick's Cabaret Will Hold Conference Call Tuesday May 12th to Discuss Second Quarter Results, Followed by a "Due Diligence Ball" at Its New York City | A5:26 PM ET 5/8/09 | BusinessWire
 
Posted by taters1977 on :
 
More on RICK, Seeking Alpha by: Chris Fernandez May 08, 2009

Rick’s Cabaret International (NASDAQ: RICK): Rick’s stock has been on an absolute tear in the last 1-2 months, more than tripling in price from a low of $2.50, to $7.50 before Thursday’s pull back.

I have been watching the trends at Rick’s as well as the chart and volume patterns, and everything looks bullish aside from Thursday’s down move along with the rest of the market.

If you’ve been waiting to buy Rick’s on a pullback, now’s the time to do it.

Look to enter a position right here, and especially on any weakness below $6.00 per share.

Protect yourself on the downside and liquidate if Rick’s falls below $4.50, but I don’t think that will happen.

With improving fundamentals, restructured debt, and the recently announced highest monthly sales in the company’s history with improving trends at the weakest clubs, now’s the time to buy into Rick’s, not later.

Strategy: Buy 1/4 - 1/2 position now, more if stock dips below $6.00. Sell entire position if stock breaks $4.50.
 
Posted by Free Muney on :
 
hey angel! faz actually went green today... congrats!
 
Posted by SoAngel on :
 
Free Muney- yes, thanks! Has a long way to go if I want to fully recover but hell, at least it was a step up, haha!
 
Posted by R1 Man on :
 
Yep....the market is STUPID!!! If we were all cash then it wouldn't matter. This is turning out like Roulette. And the table has landed on RED only.....strange how many times it lands on RED instead of black.

Well, I debated in shorting HAYZ the other day when it hit $0.32 before earnings. I was thinking the earnings would be bad but wow....they released them with a NASTY KICKER!!! Chapter 11. LOL!! That is twice in the past 7 years.

So, anyone short GM yet??? I would of back at $3+ if my money was free then. Would of been sitting pretty.

So, market opens up...then moves down...now looking to closing up 60-90 points. Hmmmm.....

Get this...I heard the dumbest thing possible in CNBC. The old guy who has the lead reporter job made a STUPID COMMENT!!! He said that we are in a BULL MARKET because OIL PIRCES are UP!!! No!!!!!! I think the OIL CASH HUNGRY COWS are playing the travel season to make more money. XOM made BILLIONS last year. I think it was over 40 billion. And they wonder where all the money in the economy went???? HELLO!!!!

Few picks....UAUA, DRYS, LVLT, X
 
Posted by R1 Man on :
 
Here is one to ponder. INTEL - INTC paid stores not to stock AMD computers so they could sell more processors. They thinking they will get fined 1.4 billion. So thinking when they get the fine Wednesday that INTC stock drops a buck.

AMD...I think that stock gets a kick because it means the cat is out of the bag and potential increased sales growth.
 
Posted by Morpheus on :
 
starting to load up i SIRI again..in 200k at .3915 today..they are scheduled for a "board meeting" to splain the facts in days..so take note
 
Posted by taters1977 on :
 
UPDATE 1-Rick's Cabaret Q2 profit beats Street, shares A5:33 PM ET 5/12/09 | Reuters


* Q2 EPS cont ops $0.16 vs est $0.11

* Q2 sales up 21.6 pct to $18.4 mln

* Shares up 11 pct in after-hours trade

May 12 (Reuters) - Rick's Cabaret International Inc (RICK) posted a quarterly profit that topped analysts' estimates, helped by turnarounds at clubs in Philadelphia, Las Vegas and Dallas.

Shares of the Houston-based adult nightclub operator rose 11 percent in trading after the bell.

For the second quarter ended March 31, the company earned $839,471, or 9 cents a share, compared with $2.6 million, or 32 cents a share, a year ago.

Two analysts on average were expecting the company to earn 11 cents a share, according to Reuters Estimates.

Total revenue rose 21.6 percent to $18.36 million.

Shares of the company rose to $8.20 in after-hours trade. They closed at $7.40 Tuesday on Nasdaq.

RICK turned out to be a very nice move.

I'm going to try and get some SIRI tomorrow as well and I'm watching BARE closely.
 
Posted by taters1977 on :
 
Does anyone think Ford will have an up-tick by weeks end? I'm thinking about buying but I don't have a target price yet.
 
Posted by SoAngel on :
 
Out of FAZ, probably way too early.
 
Posted by R1 Man on :
 
quote:
Originally posted by Morpheus:
starting to load up i SIRI again..in 200k at .3915 today..they are scheduled for a "board meeting" to splain the facts in days..so take note

Way to early to get back in. I think it will drop down to $0.31 in the next few weeks. I know your only playing with profit but think about it.
 
Posted by SoAngel on :
 
A few days back, I sold my profit shares of FAS at 9.90 and planned to get back in on them when the price was down. It went over 13.00 in the meantime and this has been my first chance basically so I will probably be buying back into them today if we stay under 8.50.
 
Posted by SoAngel on :
 
Didn't pull the trigger on an FAS buy, even when it was at 8.30 A/H. Will figure it out tomorrow or maybe just sit back and relax for awhile.
 
Posted by R1 Man on :
 
Grabbed 217 shares of X at $26.38. Selling around $30.
 
Posted by R1 Man on :
 
Went to grab another 83 shares of X at $25.90 and missed. Ohh well. Off to go play...my son is running out of patience and wants to go play outside. Well, Good luck all!!
 
Posted by taters1977 on :
 
RICK'S CABARET INTERNATIONAL, INC.(RICK) : RICK posts $0.16 vs. $0.35 Q2 EPS from cont. ops as higher operating expenses offset 22% revenue rise.

Yesterday sucked.
 
Posted by Morpheus on :
 
i picked up SIRI at .3511 and DENN at 2.18 ...both are up from there and look to have good upside for the days to come..JMHO
 
Posted by Morpheus on :
 
I also loaded up on F at 4.85 and LVS 8.85 ..both look to have nothing but up from here..
 
Posted by R1 Man on :
 
Debating on flipping X. Sell at $27.40 and buy back in maybe $27 or less. Hmmmm.....???

My father's pick. MT Its another metal company. I don't see anyway you can go wrong for long investments in X, AA, MT. His other pick is IIIN. I frown on it because of LOW volume.

Anyways, good luck all. Morpheus...stop buying SIRI. Wait and you will get a better bargin.

TRW...this is worth a look too. Just came down the past few days. So expecting to see $10 soon.
 
Posted by Morpheus on :
 
r1...if you haven't noticed...all longs came down the last few days...but yes TRS looks like it came down more than others..i like it..as for SIRI..read the news and ****s...they have not been forthcoming and will be spilling the truth on tuesday..so get ready for a rocket ride up I was very shocked to see it hit .35 today but i do believe that is the low for a very long time to come..DENN I just picked up some on a whim..my kid and I go there for breakfast often and like the restaurant, and they had a great pullback..so why not?? just 4k shares in there account
another of my hot stocks to watch that has had a big nice pullback and i grabbed 5k shares this morning is YRCW...if the market has started to move up again, which i think it has, this is a winner too..but overall, SIRI has been "sandbagged" on us and is the "ringer" if you you are familuar with the horse track lingo..good luck to us..
 
Posted by R1 Man on :
 
DENNY's is a great restraunt. My favorite place for breakfast. I think the market is screwy still. Tons of dillution and stocks hold their ground....????
 
Posted by R1 Man on :
 
HAYZ....going to short at $0.135 or higher. Will cover around $0.12 or less.
 
Posted by R1 Man on :
 
Nevermind....will not allow me to short this. But worth shorting....they are CHAPTER11. So stock is eventually worthless.
 
Posted by R1 Man on :
 
DRYS gained over a buck.
 
Posted by taters1977 on :
 
Morpheus,

Did you see this morning's article on SIRI in Seeking Alpha:

http://seekingalpha.com/article/138048-apple-s-3-0-update-is-a-sirius-game-chang er?source=etrade

should put a smile on your face. I'm thinking about doubling my position but doing it in three or four buys.
 
Posted by taters1977 on :
 
Does anyone have any leads for this week? I'm fearing the bear.
 
Posted by Morpheus on :
 
leads...F and SIRI
 
Posted by SoAngel on :
 
I am thinking about tasting FAZ again... I never learn [Smile]
 
Posted by SoAngel on :
 
I picked up a couple shares of FAZ at 4.80.
 
Posted by SoAngel on :
 
Out of FAZ at 5.10.
 
Posted by SoAngel on :
 
BAC down to 10.74 A/H.
 
Posted by Morpheus on :
 
im long ODP at 3.72 and LVS 9.75
 
Posted by SoAngel on :
 
Morpheus- Did you dump YRCW ?
 
Posted by Morpheus on :
 
yrcw...i have not been in for some time now...but it is one that i like to buy low and sell high.. and for now ..not low enough...currently im long for tommorrow open ...LVS ODP TEVA F and long term (whatever that is) SIRI
 
Posted by R1 Man on :
 
X....$31.24. Still sitting on my shares. No time to trade anything. I think it will keep going up. Same thing with MT.
 
Posted by R1 Man on :
 
Grabbed 7,400 shares of SIRI at $0.3502.
 
Posted by Morpheus on :
 
R1..good luck to us on SIRI..they are coming up on their annual shareholder meeting on Wed. and this usually has ment the stock has a nice run just before..hopfully, history repeats and it just keeps on running like ODP has been doing the last 2 months (.50 to 4 bucks)and by the way ..what the F with GM...so much for BK rumors..I bailed way too early on this turd, yet F , they keep saying will be the last man standing and it goes down..total costanza
 
Posted by deathtoradio on :
 
Why are you guys trading SIRI? I haven't been paying attention to the market for a few months, but I thought it was in bankruptcy.
 
Posted by jgrecoconstr on :
 
SIRI will never be in bankruptcy, reverse merger maybe but not bk.
 
Posted by Morpheus on :
 
you will learn something here..
http://video.google.com/videoplay?docid=-594683847743189197
 
Posted by Morpheus on :
 
deathtoradio...your name seems to be bullish SIRI..

siri..for starters..has a great story ...not to mention a monopoloy and 19 million subscribers 7 satillites in the air, 420 teresstial stations, and howard stern..also soon to be an apple buyout target
http://seekingalpha.com/article/138048-apple-s-3-0-update-is-a-sirius-game-chang er?source=yahoo
 
Posted by R1 Man on :
 
GM traders are IDIOTS!!! GM WILL FILE!!! I would bet my check on that. Its easier for GM to make a good company and drop all the debt. If you haven't noticed...a good indicator is: ALL/MOST of GM executives sold all their GM stock. Think about it. Its a dead duck!!

Chrysler...who knows when I go back to work. There are so many rumors out. June 5th, August 9th, then rumor saying when we come back, they will empty plants of inventory and close several and close mine for 5 months to retool. Who knows....but what a load of crap Chrysler is doing to those dealerships. 100% screwing....they are cutting off the rebates in June. So anyone should be able to grab a Chrysler product at a dead dealership way below EMPLOYEE COSTS and WHOLESALE. If they don't sell it, they eat the $4,000-8,000 in rebates and trying to sell it then would be impossible without taking on huge loses.

I'm dumping 1/2 of SIRI at $0.38.

I'm still debating on my other stocks. Up on some, down on others.

So will the market close up or down? I have no idea. Ahhhh.....Credit card reform bill...no wonder why financials are slightly down. So maybe Obama signs and financials go down 3-7%???
 
Posted by SoAngel on :
 
I am really thinking about picking up some NM.
 
Posted by deathtoradio on :
 
Anyone still trading ONT? Any thoughts on going long with that one?
 
Posted by SoAngel on :
 
Picked up some FAZ at 4.93.
 
Posted by R1 Man on :
 
quote:
Originally posted by deathtoradio:
Anyone still trading ONT? Any thoughts on going long with that one?

You missed the bump already so its a dead duck. It is at the low in November then shoots up in January-March. Now it can move where ever but likely down.

SIRI....looks like its moving up slowly.

X....still holding. Wish I had double dipped and sold over $32 last week and got back in...but my son calls.

Hey, BAC is still being forced to dillute their stock.

LVLT....$1.20 bid. Did anyone grab any of this? Like I said before, this stock is a pattern stock right now and moves from $1.05-1.27. So if your not on the boat then you missed it. But that is a great ride of 20% or so.

CTIC....Not saying anything but that stock has been nuts in movement.
 
Posted by SoAngel on :
 
Out of FAZ at 5.02.
 
Posted by R1 Man on :
 
Sold X at $32.70. Made $1,349.72. Take that all day. Will look to get back in on a dip. MT is still lower then X and they were at the same price earlier....well X was lower then MT. So think about it.
 
Posted by R1 Man on :
 
Interesting....North Korea threatens to attack US Warships. That might make the market go down. Just put my son to bed so maybe that is the reason. But looking for something to nibble on for a stock....????

They won't allow me to sell GM short. [Frown]

Ok...found out...They raised the 10 year note slightly.

So whats up with CAR. This stock has gained over 1438% from its low. Its up 16% today alone. Hmmmm....I understand why they are up today and this month but there isn't any news to make it move back up so fast from Feb-April. Someone knew something.
 
Posted by Morpheus on :
 
im short LVS and long SRS..okking for back to back sown on the dow..
 
Posted by taters1977 on :
 
Morpheus,
what is your take on the results of yesterday's shareholder meeting at SIRI? I've been waiting to get back in to see if it will dip below .34, but I think that may not happen with the upcoming release of the IPOD applications.
 
Posted by taters1977 on :
 
VPHM,

I'm seriously tempted to accept the risk with this one. It is pending an FDA approval on the 3rd. Is anyone else watching it?
 
Posted by R1 Man on :
 
WOW...glad I didn't short GM. Bond holders just took a beating. Not sure if they will still file. I think they will. So Gov. will own 70% of GM. UAW will own I think 17.5% and bond holders get 10%. Hmmmm.....????? So GM will only own 2.5%....that seems silly.
 
Posted by R1 Man on :
 
SIRI.....just crashed!! I was gonna sell when I saw they were gonna add 9 trillion shares to the market.
 
Posted by R1 Man on :
 
I'm gonna flip GM and X today I think. Looking to grab GM at $1.25 and sell at $1.30-1.32. X, looking for quick flip as well....maybe $31.60 and dump at $32.10.
 
Posted by Morpheus on :
 
i reversed my position on SRS and LVS after near the peaks this morning, held all day and then reversed again back..made some good coin. im again long SRS, short LVS and long DTO from 88..as for siri i crapped when it hit .30 then decided to up another 20k shares..they are tied into the GM bk in more ways than one..I think GM will not file bk as this will hurt osama-bama too badly. He ia a harvard man and all his harvard cronnies have enlightned him to this fact. I do believe all the hype is just that, hype. the TV puppets are very convincing. But there is a chance, so I only dropped into 4k shares at 1.11 near todays close just for the gamble. nothing ventured, nothing gained. ya gotta luv cyber vegas
 
Posted by Morpheus on :
 
taters, sorry, i did not address your Question on SIRI shareholder meeting...I was extremly disappointed as a whole..They really did not get into the "parking lot" subscribers and why chrysler BK made it appear they lost alot of customers thru "creative accounting" practices. I really was convinced that SIRI would shoot up after the meeting, and it did not, it in fact went down...errrrr..after all they have a monopoly and a great and growing customer base. I remain bullish on this still..and if the GM story plays out as no BK this will move SIRI up in a big way..its a funny game the fat cats play, and our job is to try and outwit them, learn to read between the lines and not get burned. Taters, i forgot, I also bailed on Ford at the close today,took some profit, and that money rolled into GM, (F up and GM down) it seemed like the thing to do, but just for a few days.
 
Posted by SoAngel on :
 
quote:
Originally posted by SoAngel:
I am really thinking about picking up some NM.

Should've. Was at 4.20 when I posted this. [Smile]
 
Posted by R1 Man on :
 
Grabbed 1330 shares of LVLT at $1.0599. Selling at $1.18 or higher.

Dropped SIRI yesterday when it was crashing.

X is up big again today. MT is down but still up a lot. Don't own either one. I think load up on these for short term plays if you can get in around $30-31. If going LONG, then the price is good now.

I called TDAmeritrade....they said GM stock is unshortable now. SUCKS!!! Morpheus....THEY WILL FILE!!! I'm willing to bet the house on that. THINK....you can not give the union 17.5% of your stock, bond holders 25% and the government the rest when there are a tond of outstanding shares. You have to SCREW shareholders to be able to get all new stock to issue and pay up. So hence....shareholders pay government/union/bond holders and get NOTHING but something in their portfolio that says they own a WORTHLESS company. Some people never learn about chapter 11 companies. I learned the hard way back in 2002. I had dropped $2,500 in my account...new trader. (Turned it into $29,000+ in just 2 months. Dropped $5,000 on WCOME (Worldcom) at $0.055 and sold at $0.24 and bought MCITE (MCI). I went to day shift and couldn't trade stocks anymore so bought KM at $0.48 having over 36,000 shares and HAYZ at $0.02 owning 500,000+ shares. Well, they both emerged from chapter 11 and stock was cancelled and I have nothing but worthless shares which still are in my account....lol. Its my leason!!!)

Now you can make a play on GM....not yet....but when they file...it will drop down to $0.05-.10 and should have a bounce 2-5 times on Tuesday as high as $0.30....no higher. Monday it will likely not trade so they can convert shares to OTCBB stock. So ticker will likely be GMQ. I have some costly experiance in this.... [BadOne]
 
Posted by R1 Man on :
 
DTO is a dead duck as well. Oil should go to $70-75. DTO will drop to $65-68.
 
Posted by Morpheus on :
 
picked up another 100 of DTO at 82.10 getting ready to buy more GM soon
 
Posted by Morpheus on :
 
the GM uaw news conference is comming soon...im im 4000 more GM at .81 right here
 
Posted by Morpheus on :
 
I buying in 1k blocks of GM right now...just picked up 1k at .80 and another 1k .75 ...I know I know...as Chris Farley always said..."Im an Idiot"
 
Posted by Morpheus on :
 
just bailed on all 300 DTO at 88.65 on that last spike ...eee haw
 
Posted by Morpheus on :
 
i picked up more 10k of SIRI at .3130 ...obama is looking 2 ink his chances or a 2 term president...that is what politicians do..we will all see on sunday afternoon with "breaking news"..stayed tuned
 
Posted by SoAngel on :
 
I was in FAS today at 9.45 and out at 9.55. Was in FRGY yesterday at .0004 and out today at .0006.

Still watching YRCW very closely.
 
Posted by Morpheus on :
 
i made some good buck with SRS short into the close...as for the monday open...im long bigtime SIRI (had a great 10% rebound) and GM and that is all..I read the script on this one and obama will be the savior of all that is good and rightous, come a sunday announcement concerning GM, in the land of cyber vegas..what an ending today..eeeehaaaawww
 
Posted by R1 Man on :
 
I hope you just sold your GM stock. It was at $0.75.
 
Posted by Morpheus on :
 
bailed on all gm at 1 buck
 
Posted by R1 Man on :
 
quote:
Originally posted by Morpheus:
bailed on all gm at 1 buck

You are 1 ballzy trader. WOW!!! Only reasons it went up is because of STUPIDITY and SHORT COVERING. Nice catch!!

Kicking myself for selling my X last week.
 
Posted by Morpheus on :
 
my reading into the GM fiasco was way off...I really really believed there would be no BK..I thought it was a big hoopla cherade..so i am one lucky mo fo this morning..i actually made 350 bucks..just when I was looking at looking all $8k..wooooooo...right now im shorting this market..i got 2 buys in on SRS so far and im down (17.40 and 17) and short BIDU and down there too for the time being..this market is very strong right now..im probebly way off ..
 
Posted by SoAngel on :
 
Going to hop into FAZ again here very soon...
 
Posted by SoAngel on :
 
I had an order at 4.35 and it did not fill. I guess we see what tomorrow brings.
 
Posted by Free Muney on :
 
frpt been running hard since nuke test in korea.
 
Posted by SoAngel on :
 
Hopped into FAZ at 4.66.
 
Posted by R1 Man on :
 
TIVO...already trading pretty crazy today. They got a ruling in their favor. So great day trader for next 2 days.

OCNF....this is one that caught my attention 2 weeks ago. Looked at it and thought it was too risky. Now I'm having second thoughts. It was less then $4 when I saw it. Kicking myself for not posting but I try not to post junk.

CTIC is up big since posting the pick. Not sure how high it will and can go but too much now for a roll of the dice.
 
Posted by taters1977 on :
 
I bought 20k of SIRI at .32
 
Posted by taters1977 on :
 
1000 ZLC * 3.95

I hope these work out, still holding 600 VPHM * 6.77 waiting for FDA announcement
 
Posted by SoAngel on :
 
quote:
Originally posted by SoAngel:
Hopped into FAZ at 4.66.

Out at 4.86.
 
Posted by Morpheus on :
 
good trade SoAngel..
 
Posted by Morpheus on :
 
cant short DTO so im long DXO for a roll of the dice at 4.10
 
Posted by Morpheus on :
 
out DXO at 4.21 pocket 200 bucks
 
Posted by SoAngel on :
 
Nice quick trade!
 
Posted by taters1977 on :
 
VPHM tanked, FDA asked for another study. I'm out at a $300 loss.
 
Posted by R1 Man on :
 
MT....$32.64 now. I grabbed 165 shares at $32.92. Pulled the trigger a little fast but confident. This is a long term play.
 
Posted by R1 Man on :
 
quote:
Originally posted by R1 Man:
MT....$32.64 now. I grabbed 165 shares at $32.92. Pulled the trigger a little fast but confident. This is a long term play.

Sold it at close at $33.70. Made $128 on it. Looking to dip back in Tuesday.

This is the first day my account stayed possitive at close. [Smile]
 
Posted by R1 Man on :
 
Loading back up on MT on the dip. Shooting for $33.50....but might adjust for lower.
 
Posted by R1 Man on :
 
quote:
Originally posted by R1 Man:
Loading back up on MT on the dip. Shooting for $33.50....but might adjust for lower.

I got filled. 155 shares at $33.50. Already up over $200. Might dump already. Hmmmm....????

Well judging X being at $37.90 and for the fact that MT and X have been playing Cat and Mouse....I am thinking maybe I should hold overnight.
 
Posted by R1 Man on :
 
I called TDAmeritrade about making an account for the FREE shares we get. They said I can make an identical type of account and transfer the shares over at no cost. I think I will do this then I will be less likely to sell them. Make it a STRICT rules account where I can't take any profits. Hmmmm.....???? I think I will do it. I have 15 shares of MT to dump into it already or more.

Cramer mentioned this stock when a someone called in. SLM. Sallie Mae. He said he sees it doubling. Its at $7.93. Had a low of $7.55 today.
 
Posted by SoAngel on :
 
I get tempted to sell my profit shares as well. The only ones I have sold so far were my FAS and I am STILL planning on buying those back cheaper, I just and waiting for the big market pullback... if that ever happens.
 
Posted by SoAngel on :
 
In fact.... just picked up FAZ at 4.34.
 
Posted by SoAngel on :
 
HAHA! Should've waited. I am going out for the rest of the day, see what tomorrow brings.
 
Posted by SoAngel on :
 
I bailed on my FAZ for a small loss. Probably jumped the gun, but news today so far looked good and I thought maybe I could get a lower entry.
 
Posted by R1 Man on :
 
You can load up on AKS. That will be my next play I think. I scratched my head this morning when pre-market was selling MT at $36.25 putting me up over $400. Well, didn't sell because X was up big too hanging around $39. So was thinking it might keep going up. I knew I should of sold it and reloaded later. Ohhh well....still up $200+ on it.

I am not going to touch financials anymore. They are completely STUPID!!! What is even more stupid are the idiots buying GM (GMGMQ). Wow...it was at $1.80+ pre-market. What a bunch of idiots!!!
 
Posted by SoAngel on :
 
Kicking myself over FAZ now! What else is new?

I will look into AKS.
 
Posted by Free Muney on :
 
shorting tech today. apple's price drops for iphone will make the entire market less profitable. will hurt profits in the coming quarters imo
 
Posted by Morpheus on :
 
appl has to drop the iphone price to stay competitive with palm and the google phone
 
Posted by R1 Man on :
 
LVLT....sold at $1.19. Didn't even realize it hit today. Hope you all rode that one like I did. That is one you can ride back down if you have some guts.

MT....never sold this morning....scratching my head but going to load up some more.

Bank stocks...very interesting the latest news report out. Saying we have 3 beast...MS, GS, and JPM....then we have some laggers...BAC, WFC, then the rest are garbage....hmmmm....What a report!!

Well, I say buy WFC at $24.75 or less. Sell it at $26. I think the market will come back up at the end and close down 30 points. Then again...who knows how the financials work anymore.

LVLT...its back down already....geez.....Day trader now.
 
Posted by R1 Man on :
 
LVLT...ok....WTH is going on....was at $1.16 this morning...then dropped to $1.08....then popped $1.23....then dropped to $1.16....now $1.27....now $1.22. Wow...this is a crazy bull.
 
Posted by R1 Man on :
 
LVLT....stay the hell away from this....its going nuts....$1.32 now.

Got the news now....Sprint is in discussion with them on a joint venture.
 
Posted by Morpheus on :
 
im working SRS and SKF all day ...being on the right side of the trade all day in and out 4 times each..making good mola
 
Posted by R1 Man on :
 
I'm still parked on SRS and SKF. Have been debating on selling SKF and dropping it in MT/AKS/FRO/SLM

So....LVLT....anyone thinking about shorting it???? I would but the trading is nuts. I would of shorted it at $1.27....so would be down a lot. ($1.45 now.....ok...$1.42)

I'm grabbing more MT at $34.48 or slightly higher. 150 more shares.....ok...filled.
 
Posted by Morpheus on :
 
im playing shorts into tommorrow and beyond?? with long SRS SKF and short LDK ISLE and SHFL
 
Posted by SoAngel on :
 
I just picked up 150 BGZ at 33.78.
 
Posted by R1 Man on :
 
Morpheus....I looked at your short picks. SHFL/ISLE are casinos that popped over 20%. Not sure why but SHFL looks the most promising. LDK...not sure what to think.

SoAngel....think you might get smacked with your BGZ. I hope not but I think its time to focus else where now. Get away from FAZ/FAS/SKF/BGZ and others like them...forget the UGY or what ever that ticker is.

My father threw me another pick.

BTU. I can agree with him. Its at $35.67. It was over $80 a year ago. I think this could double this year....most likely within 4-6 months.

I think X/MT/AKS/SLM/OCNF/DRYS/FRO will double as well this year.

Stocks to look at for a great gain are CAT/F/ok...brain fart and have to get my son. Nap time is over.

Possible plays to watch are: URRE/IVAN/LVLT/OPGSX/AUY...the list goes on.

I did grab 150 shares of MT at $34.48...have 305 shares now at $33.98 average. Looking to selling around $36-39. But set my sell for $68.00. I will only sell it for $36-39 is it pops and I feel a drawback. But I think I am long on it now. Guess long means longer then 2 weeks....lol. But good luck all!!

Keep the picks coming guys!!

ps....I have the nap schedule worked out better so I can trade with you all and still be a good daddy. Plus rumors that I go back to work in July then I know I have 2 weeks off in July but hearing it could be 5 months. So hoping for the 5 months. That will give me a lot of time to make some good money.
 
Posted by Morpheus on :
 
R1..yes they are casino plays that have popped up big n the last few days..I just think the market as a whole is ready for a serious pullback and they looked heavy..Im still long SIRI big time too but Im not trading that just holding till a buck hits..sometime soon I hope, i did pick up 10k more shares to add to my portfolio today below 34.. they got some good news coming down the pipe with apple and the chrysler fiat deal..gonna be good for them
 
Posted by SoAngel on :
 
Morpheus- I agree on the serious pullback which is what made my decision today on the BGZ. Up too much too fast, something has to give some time soon....

I still have my profit shares of SIRI, planning on holding them until my hair is grey.
 
Posted by R1 Man on :
 
I don't know what to think but the financials have roasted me good. I'm still holding SRS/SKF but not playing them. Will hold and see what happens but raising capital with the other money I have been trading with for a while now. I think I have made about $2-3k in the past 4 months trading with only about $10k. So not bad....but SKF/SRS going to these level...my margin funds are tightening up big. I can trade and make $400-600 in a day but SKF/SRS drops $1,500 in a day so either way taking beatings the past 4 months. However, I have crossed the road of GREEN every day for the past 2 weeks now.

Anyone thinking about ETFC...Etrade. I think its pretty cheap.

Ohh yeah....I have noticed this...MT/X/AKS have been moving opposite of SKF/SRS. So interesting.
 
Posted by R1 Man on :
 
MT....Reason they are not at $40 is because they are in labor agreements with the union. Once its settled....this should rocket up.

My father is debating on betting it all on X and we're talking a lot of money. He expects it will go up to $120 in 1 years time or higher.

I'm so bad....I think I'm gonna dump MT and reload it again at a lower price. LOL!!!

So jobs report came out at 601,000 unemployed. They said that is GREAT NEWS....Better Than Expected. LOL!!! That is still a lot of people with no job and they can only count the ones that get paid unemployment....there still is MILLIONS of people who can't collect unemployment. I still think the housing market will crap still. There are still a lot of foreclosures happening. Interest rates moving back up. Still looks like a disaster to me. However, the CLOWNS on CNBC said a few weeks ago that foreclosure rate has slowed down....but still gaining high numbers of foreclosures. I really wonder if all of them are that STUPID!!! People don't want to lose their house so a lot of people sacraficed better then others to hold on to their house as long as possible. That is why there is the continued increase in forclosures. It was the irresponsible people that lost their house in the begginning by living CHECK to CHECK.

Well, have to see what I will do....I have more money available today.
 
Posted by R1 Man on :
 
Well that was funny....That Fat lazy CLOWN on CNBC just got into it with Barney Franks. The clown made a statement and asked Franks for his imput....and when Franks didn't say what the CLOWN wanted him to say the CLOWN kept cutting off Franks. Franks finally said your interview is over and left. Some of these idiots only want to hurt the market for their own gain. Hell its the House that has been running the market lately...so what Franks says goes. Not what that FAT Jack Ass Clown!

I'm gonna hold onto MT...up over $650 on it now.
 
Posted by SoAngel on :
 
Stopped out on BGZ. I am taking a break again for awhile I think [Smile]
 
Posted by Morpheus on :
 
I bailed on SHFL about midday due to lack of movment..doubled up on my SRS position with the proceeds near what happen to be near the day lows..eeeehhaaa...it was funny to me..the market up 110 and SRS up too...i figured if the market pulls back only that muchbetter for an inverse stock like SRS..i remain bias down and believe the dow is starting a downward trend from here..my holding remain fully invested 7 stocks...long SIRI (story stock) SRS SKF short LDK JASO YGE(solar) and ISLE (casino)...gotta luv cyber vegas [Were Up]
 
Posted by cyates on :
 
i have went from 4800 to 8200 the the last month lvs bucy then joyg made 32% in 3 days on lvs sold it got in bucy and held it for a week for 26% made 12% on joyg down to 7400 today tryed lea lost 800 buy clf or aks next was gonna buy gna at 7 it was up .40 today [Frown]
 
Posted by cyates on :
 
watchin oln hoping to get it around 12.50
 
Posted by taters1977 on :
 
ZLC is at 3.76, should be a nice entry point
 
Posted by taters1977 on :
 
down to 3.73
 
Posted by taters1977 on :
 
in, 1500 at 3.70. I'm hoping for a 5-10 day turnaround.
 
Posted by cyates on :
 
got 255 clf at 28.50
 
Posted by R1 Man on :
 
quote:
Originally posted by R1 Man:
Anyone thinking about ETFC...Etrade. I think its pretty cheap.

I hope you all bought this. Its up $0.29 today or 19%.
 
Posted by R1 Man on :
 
WH....too much to buy it for but the DIVY is $0.43. Maybe a DIVY play if the price comes down next week.
 
Posted by R1 Man on :
 
I put a bid in to buy 125 shares of AKS at $19.50. Well, off to do some work.

Good luck all.
 
Posted by R1 Man on :
 
quote:
Originally posted by R1 Man:
I put a bid in to buy 125 shares of AKS at $19.50. Well, off to do some work.

Good luck all.

I grabbed 125 AKS at $19.46.
 
Posted by taters1977 on :
 
Six Flags declares bankruptcy, I've been watching WOLF for a while and I'm wondering if this news will cause a drop in price as an indicator of the sector performing poorly overall, or if the price will rise with the loss of a competitor
 
Posted by BooDog on :
 
Soapstone Networks Announces Approval of Plan of Liquidation and Dissolution by Board of Directors and Wind Down of Operations
On Monday June 15, 2009, 4:30 pm EDT
http://finance.yahoo.com/news/Soapstone-Networks-Announces-iw-15529547.html
pretty interesting way they are working this one.
 
Posted by R1 Man on :
 
quote:
Originally posted by BooDog:
Soapstone Networks Announces Approval of Plan of Liquidation and Dissolution by Board of Directors and Wind Down of Operations
On Monday June 15, 2009, 4:30 pm EDT
http://finance.yahoo.com/news/Soapstone-Networks-Announces-iw-15529547.html
pretty interesting way they are working this one.

I read that information and it sound very similiar to a old stock I posted almost 4 years ago. NGRU. Here is the link.

http://www.allstocks.com/stockmessageboard/cgi-bin/ultimatebb.cgi/ubb/get_topic/ f/2/t/010176.html?

But I would stay away from that.
 
Posted by BooDog on :
 
quote:
Originally posted by R1 Man:
quote:
Originally posted by BooDog:
Soapstone Networks Announces Approval of Plan of Liquidation and Dissolution by Board of Directors and Wind Down of Operations
On Monday June 15, 2009, 4:30 pm EDT
http://finance.yahoo.com/news/Soapstone-Networks-Announces-iw-15529547.html
pretty interesting way they are working this one.

I read that information and it sound very similiar to a old stock I posted almost 4 years ago. NGRU. Here is the link.

http://www.allstocks.com/stockmessageboard/cgi-bin/ultimatebb.cgi/ubb/get_topic/ f/2/t/010176.html?

But I would stay away from that.

I'm just watching, I can't always jump in and jump out so I miss out but that’s okay. This reminded me of XTNT when one minute they are liquidating and then the next they have something that might send them to the moon. Could it just be another attempt to manipulate the traders? probably, but that makes doing the DD all the more important.

SOAP already pushing $4 pre-market but pretty low volume, watching to see if the bottom falls out or if they already have a plan.
 
Posted by BooDog on :
 
ACAS is may push up more, 4.59 pre but only on 100shrs lol. Check the filings about the dividend, record date is Monday the 22nd.
 
Posted by BooDog on :
 
quote:
Originally posted by BooDog:
ACAS is may push up more, 4.59 pre but only on 100shrs lol. Check the filings about the dividend, record date is Monday the 22nd.

hell of a reset today no doubt
 
Posted by R1 Man on :
 
Tuesday was very interesting. SRS/FAZ/SKF down....Metals up....then opposite close. I hope wednesday's financial mess will pan out for me. They are talking about credit today. So financials should jump or crash. I'm betting they crash....hope I am right.
 
Posted by Morpheus on :
 
Jack and Jane...see SIRI....see SIRI run....see SIRI run fast....see SIRI run very fast...yeeedog
 
Posted by Morpheus on :
 
I luv luv luv cyber vegas...good thing I backed up the truck last week...beeb beep beep beep...
NEW YORK, June 17 (Reuters) - Sirius XM Radio (SIRI.O) subscribers will be able to download software on June 18 that lets the satellite radio service's programming play on Apple Inc's (AAPL.O) iPhone.

"Beginning tomorrow, the (iPhone) App will be available," a customer service representative for the New York-based company said on Wednesday.

The iPhone service, which can also be used by iPod Touch Wi-Fi users, will be free for Sirius customers who subscribe to its Internet option. Others will have to pay about $3 month, the representative said. read more here
http://www.fool.com/investing/general/2009/06/17/apple-comes-to-sirius-xms-rescu e.aspx

I hope you all were listening to the morph man last week..
[BadOne] [Were Up] [Were Up] [Were Up]
 
Posted by Morpheus on :
 
SIRI will be more than a double by XMAS...even from here...you did not miss anything..so go for it..they are the stock of the decade...due diligence all you want and come to your senses compadres
 
Posted by deathtoradio on :
 
Ha ha ha. I freaked out last week and sold most of my siri. Then I came to my senses and bought it all back at .33 this week.

It's funny, cause the last Fool article I read about siri was all "what if the apple thing never happens?" ****ers.
 
Posted by sju1973 on :
 
Morpheus, What do you think about the no Howard Stern issue with the iphone app? Do you think it will hurt SIRI??


http://news.cnet.com/8301-13506_3-10267549-17.html
 
Posted by BooDog on :
 
STILL playing with ACAS...
http://www.marketwatch.com/story/american-capital-jumps-on-debt-negotiation-hope s?siteid=yhoof
 
Posted by BooDog on :
 
quote:
Originally posted by sju1973:
Morpheus, What do you think about the no Howard Stern issue with the iphone app? Do you think it will hurt SIRI??


http://news.cnet.com/8301-13506_3-10267549-17.html

I almost bought siri at .41 to ride the momo, glad i held off, maybe too many shares needed to move it back up after already getting this far. We'll see.
 
Posted by sju1973 on :
 
Yeah. I think it will still do well over the next few months. No Howard Stern, etc. is a bit of bad news, but overall the iphone app should help SIRI. IMO
 
Posted by Morpheus on :
 
sju1973 ...the limited apps on Iphone blows...but i the grand scheme of things will do little to hurt SIRI book value and thus the bottom line. There main source of revenue is autos...Dont forget.. big contracts were just signed with Toyota, Lexus, Volvo and others and they also have just about every other car mfg out there..9 million + new cars this year..a monopoly..there customer base is growing huge daily and the quarterly report is comming soon. With Chrysler coming back into the picture now, nothing but pure cash flow...I do believe that they kept Stern off the Iphone so as to not interrupt the auto dealers cut of the pie (they make cash on the sale of the units per car)..if Stern, MLB and NFL is on Ipod..then who would order the unit in the car..SIRI did however include Oprah in the Iphone and she is a big draw...tommorrow will be interesting and a great opportunity to pick up more cheap shares into the earnings reporting season..as they approch the reporting date this stock will jump leaps and bounds..count on it..
 
Posted by Morpheus on :
 
I think the pullback was just profit taking.. unloaded 50K shares right at the open for .425 just to bank some coin, and wouldnt you know it it pulled back soon after and i bought em back at .36 later in the day..pure luck...I still really am all over SIRI for many reasons...some of which are..
The new app allows users to access some of the service's sports, talk, comedy, and music channels. The available channels include, Oprah Radio, MLB Home Plate, NFL Radio, NHL Home Ice, Mad Dog Radio, The Foxxhole comedy channel, and NPR.
Users will also have access to a variety of Sirius XM music channels, including E Street Radio, The Grateful Dead Channel, Eminem's Shade 45, Radio Margaritaville, Siriusly Sinatra, and others. All told, users will be able to listen to 120 channels. Any music track can be purchased in iTunes while listening to it in the Sirius XM app...so i think with apple releasing G3 Iphone today..SIRI will reap some benifit
 
Posted by Morpheus on :
 
BooDog...after reading that story on ACAS, I would only day trade this and not hold over night..cause the end could be any day..
However, the Bethesda, Md.-based company (ACAS 3.10, -0.17, -5.20%) remains in default on debt covenants and faces a tough challenge to get covenant waivers from different groups of lenders.
 
Posted by BooDog on :
 
agree Morpheus. They still have to do the divi for tax reasons. a roll of the dice for sure.
 
Posted by sju1973 on :
 
Thanks for the insight Morpheus. I do like SIRI a lot, and from what I have been seeing on the boards, news, etc. the future looks bright. I think I may have to get in, but I have to free up some cash first. Hopefully I can still grab a decent price next week!
 
Posted by BooDog on :
 
CNO making a push
 
Posted by Morpheus on :
 
im playing down from here...10:40 am PST
 
Posted by Morpheus on :
 
Yo R1..and friends..SIRI continues to be my choice of picks..lets all make mola together fellas..this is gonna be bigger than I thought..in bed with apple just to name a few good reasons..this will be a 10+ banger from here very very quickly and soon..so its even worth your small amount of capital..personally, Im as you say in texas holdem..all in..3/4 a million shares..I added more on thuresday and more on Friday at the close...34.. I been in and out since febuary...12 and .13..now its going to the moon. They just put up a new satellite to cover europe, asia, and china..The smart money will no doubt focus on what is.
http://seekingalpha.com/article/144119-sirius-xm-extends-itself-globally?source= yahoo

the big boys are messing with our heads and accumulating as much as they can..

http://seekingalpha.com/article/144117-media-manipulation-of-sirius-news-goes-un checked?source=yahoo
so there you have it..a gift from the morpheus
 
Posted by Sapper on :
 
CNO looks now better than SIRI. JMO
 
Posted by BooDog on :
 
quote:
Originally posted by Morpheus:
Yo R1..and friends..SIRI continues to be my choice of picks..lets all make mola together fellas..this is gonna be bigger than I thought..in bed with apple just to name a few good reasons..this will be a 10+ banger from here very very quickly and soon..so its even worth your small amount of capital..personally, Im as you say in texas holdem..all in..3/4 a million shares..I added more on thuresday and more on Friday at the close...34.. I been in and out since febuary...12 and .13..now its going to the moon. They just put up a new satellite to cover europe, asia, and china..The smart money will no doubt focus on what is.
http://seekingalpha.com/article/144119-sirius-xm-extends-itself-globally?source= yahoo

the big boys are messing with our heads and accumulating as much as they can..

http://seekingalpha.com/article/144117-media-manipulation-of-sirius-news-goes-un checked?source=yahoo
so there you have it..a gift from the morpheus

Nice outlook Morpheus. A little selling pressure
http://www.form4oracle.com/company/sirius-satellite-radio-inc-siri?id=364
 
Posted by BooDog on :
 
quote:
Originally posted by Sapper:
CNO looks now better than SIRI. JMO

CNO has been accumulating but still has some bridges to cross imo.
http://www.form4oracle.com/company/conseco-inc-cno?id=4751
 
Posted by Morpheus on :
 
sapper..i disagree...as of now from friday close..SIRI up 10%(and climbing)..CNO down 8%...but CNO does look closer to a buy once the market bias turns upward..I was long SRS and just reversed my position at 21.85 with the DOW down 185..looks to be making a reverse turn right now
 
Posted by Morpheus on :
 
once..the last hour follies got me and hurt my SRS position..still hold short SRS for a dow up day tuesday..
 
Posted by R1 Man on :
 
I dropped SKF today and loaded up all the guns on MT and AKS. Grabbed 350 shares of MT and 395 shares of AKS. I now have 655 shares of MT and 520 shares of AKS. I go back to work on Monday and will be on first shift where I won't be able to trade anything. So, playting safe for the minute. SKF roasted my portfolio pretty good. I'm still staying away from SIRI. I hear you Morpheus and can agree to a degree but I don't have time to wait it all out anymore and have to worry about covering margin calls and what not. However, I still do own it in my other accounts. So not totally out of the picture. Would have to peak at how many shares I have total....but its less then 10,000 I do know that. I bought it when it was around $2.48. I also bought some at another price too...don't remember. But ohhh well. No margin on those accounts.

I do plan on flipping the metal stocks as they rebound. Once I get a stack of money back, then I will be able to roll the dice again.
 
Posted by sju1973 on :
 
I think I will get in SIRI tomorrow when my funds clear. What do you all think about YRCW trading below $1.60 right now?
 
Posted by SoAngel on :
 
YRCW- If you are playing quick trades, you can cash in on it, but anything even remotely long-term, you are playing with a bankruptcy candidate.
 
Posted by Morpheus on :
 
soangel..agree on the yrcw bk picture..lately.. the only interday plays I have been making are BAC SRS and LVS ..they haveplenty of action and move porportionatly to the market...bac goes up and down and has been my main early indicator to the direction of the DOW on a minute by minute tick..when it moves the market follows..check it out for yourself
 
Posted by sju1973 on :
 
SoAng and Morph. Thanks for your thoughts on YRCW. I was only looking at charts and did not do any fundamental research at all at this point. I will definately stay away based on what you are saying here. I actually got caught in a BK stock a few months ago with CEM. I bought CEM at .16 and then it entered chapter 11 the next day. Just my luck, lol. It went to pink sheets as CEMJQ and started trading at .02. I basically lost everything I invested so I held it for 3 months. I also bought more at .05. It eventually went as high as .48, but I held a bit too long and sold at .25. Over 100% gain.

I got lucky, but had too hold for a long time. I never want that to happen again!

I am very much considering getting into SIRI this week.
 
Posted by R1 Man on :
 
quote:
Originally posted by Morpheus:
bac goes up and down and has been my main early indicator to the direction of the DOW on a minute by minute tick..when it moves the market follows..check it out for yourself

Your a smart cookie Morpheus. I do this too but look at WFC, MS, JPM. BAC has been slow out the gate in market direction I think. I also look at the metal stocks for indication of which way it will go.

Doing great on my buys yesterday. Up $1,300+ so far today.
 
Posted by Morpheus on :
 
picked up 5k of YRCW at the close and short 300 SKF at the colse to for tommorrow
 
Posted by R1 Man on :
 
quote:
Originally posted by Morpheus:
picked up 5k of YRCW at the close and short 300 SKF at the colse to for tommorrow

YRCW...I know they went down but your playing with fire with that stock. Short SKF....I think your safe there.

The market shows gains for Wednesday. I think it will close up about 40 points or so. Looks like metal/financials will open higher.
 
Posted by BooDog on :
 
Radar CDR, still looking at it. Not buying, added to watch list.
 
Posted by BooDog on :
 
quote:
Originally posted by BooDog:
Radar CDR, still looking at it. Not buying, added to watch list.

4.28 hod but almost no volume
 
Posted by sju1973 on :
 
picked up some SIRI today at .39

I was hoping to get more than I did, but I was not able to use margin due to my broker's 3.00 PPS rule. Oh well, I will see how it goes and buy more in the dips when I have more funds.
 
Posted by TraderJones on :
 
Hey guys, I'm new here. I've been trading for a little more than a year now. I've had some ups and downs, but overall I've made smart moves. I jump on here from day-to-day to see what your all talking about, then try to make my best decisions. I've seen plenty of talk about SIRI and I like where they are right now, being a monopoly and etc... I got in yesterday at .365, and I'm trying to figure out where they're going to top out. Are they going to top out at .43 again? Or are they going to shoot up to .63 like they did about a month ago, They have plenty of good news backing them up. I hate waiting too long and loosing what I had because of greed. My best guess is they will go up to about .47. But I'm wondering when that will be, or if that's acurate. I can't hold this for too long, It's a big part of my income. Any opinions would be GREATLY appreciated!! Thanks guys.
 
Posted by Morpheus on :
 
traded out and in SKF all day and made great coin..bailed on YRCW at the close..it really jumped at the close and I was compelled to take a 20% profit..especially on a dow down day..and oh yeah..SIRI continues to go to the moon..go man go..
TJ..to anwwer your Q's on when to bail on SIRI..my suggestion is to not sell until JUNE 10 (2 days after they report earnings) but im holding till it hit at least 2 bucks..(I will most likely trade in and out small percentage of my holdings just to make chump change after the earnings)and will take a trim 50% off the table above 2 bucks..thats just me..im an Idiot..but it will be really fun trying. This will put me into my condo in Tahoe by Christmas and a new Escalade to trudge to the slopes..bet on it. SIRI is a cash machine and making big bucks..once the rest of cyber vegas sees the big picture..skys the limit..IMHO

http://****s.barrons.com/techtraderdaily/2009/06/23/sirius-barrington-ups-rating -sees-possible-double/#mod=yahoobarrons


http://www.fool.com/investing/general/2009/04/03/im-bullish-on-sirius-xm.aspx

ya gotta ...LUV LUV LUV Cyber Vegas.. [Were Up] [BadOne] [BadOne] [Were Up]
 
Posted by Morpheus on :
 
im short SKF and SRS the last 20 minutes of today and trimmed it up a little at the close for the open tommorrow..im betting green..there you have it..
and TJ..welcome to the board and go back in archives, read the pages and good luck to you..
 
Posted by TraderJones on :
 
Morpheus,
Thanks for the welcome, and the opinion! I'll be watching carefully tomorrow to see if there's a pull back at .44 and I may sell just to take some profit. But then buy it back at a low and let it ride. I'm not quite sure if I can afford to let it all go 'till July 10 or not. I'd definitely like to though. I think I'd stand to make a good chunk! I'll continue with more research and try to make a good decision.
Thanks again. Trader Jones
 
Posted by R1 Man on :
 
What is the prediction....sell off and small gain....or move up even farther. Debating on selling MT and selling it short then rebuying back in later today.
 
Posted by R1 Man on :
 
Sold Mt....Going to sell it short then buy back in. Made about $700. Re-entry target is around $32.70-32.80.

I'm thinking sell off...but DOW up 60 points.
 
Posted by sju1973 on :
 
SIRI is rockin today.
 
Posted by TraderJones on :
 
R1,
Not to sound rude here...
I'm basing it on the fact that I have very little money in the bank and a family to take care of, and no job. At some point I have to take some profit. I think SIRI WILL go higher. But when someone is waving a couple thousand in my face I gotta take it.
later~~~TraderJones~~~
 
Posted by R1 Man on :
 
Sold 600 shares of MT short at $33.45. Covering at $33.25 or less. Have to feed my son and put him to bed. So crossing my fingers.
 
Posted by Morpheus on :
 
i just reversed my position on SRS and SKF no wim long both right here with the dow up 185..in SRWS ta 20.70 and SKF 43.15
 
Posted by Morpheus on :
 
in SRS at 20.70 long and not SRWS..
oh yeh as fot SIRI this is just the beginnin..TJJ you gotta take the mola right here..with your situation..trim the gains..
go man go [Eek!] [Good Luck]
 
Posted by Morpheus on :
 
I have a board meeting at the "conference room" in one hour..I gotta go and warm up cause my "cronies" think they are good and love to donate me their cash. You know the old saying..the worst day at golf, beats the best day at work..but with SIRI up over 20% today(as of now) that saying is hard to beat.
 
Posted by R1 Man on :
 
Those tyoes of board meetings are fun. But all the money your making off SIRI...pretty soon...you will have enough cash to buy your own golf course. Yeah....I had a bunch and sold for a loss at $0.30ish....lol. Still up with what I did and bought. So not beating my head on the wall. I also tried to short SIRI at $0.46....can't short it. [Frown] Ohhh well.

Anyways....glad I was making lunch when MT hit $33.61. [Smile] I think the market will still come down quite a bit. Maybe up 110 points at close....???

Congress was really trying to fry Benekie (Spelling). Someone(s) is gonna get screwed. Paulson....Benekie....Lewis.....Hmmmmm?????
 
Posted by R1 Man on :
 
Covered MT at $33.25. Wish I had lowered it more but now submitting bid to get back in. So thinking 680 shares at $32.50. Might even shoot lower....???
 
Posted by R1 Man on :
 
Raised my buy up to $32.90. Might raise it up more. But thinking Friday Steel will move up more.

SIRI....close prediction is $0.434
 
Posted by sju1973 on :
 
Great day for SIRI today. Charts, technicals, fundamentals, & news all look great at the moment. I'm hoping for the best in the upcoming weeks. We shall see. Nothing is guaranteed in this crazy market, but it sure looks good right now.
 
Posted by TraderJones on :
 
Hey guys,
I sold SIRI today at about .46 and made almost $2400. My best week! This profit/income gives me a lot of breathing room. My best guess with SIRI today was they were going to hit about .47, and there was going to be a big drop with lots of people taking their profits. And I still think they are going to go lower than their close today in the next few days, and hopefully I'll be able to get back in. I feel that they will bottom out at about .41, and then shoot through the roof towards their earnings report. This is my best guess anyway, don't trust me. I'm positive I don't have the Chart, tech. etc. knowledge that you all do. Any opinions would be appreciated.
Thanks~~~TraderJones~~~
 
Posted by sju1973 on :
 
Nice trade TJ. Congrats. Almost perfect exit actually for the short term trade. I'm in SIRI long for at least a few weeks. I feel good about this one. Great chart right now, technicals all pointing up. Volume is crazy. Good news swirling around the media. I think it will go higher into next week before the dip, but you never can tell. Either way, I am holding SIRI for a little while.
 
Posted by R1 Man on :
 
Grabbed 690 shares of MT at $32.49/50 this morning. Glad I didn't get filled back up yesterday.
 
Posted by BooDog on :
 
flipped out of onty at 3.15 yesterday, looking for a dip. It's already back to 3.15 now so we'll see.
 
Posted by R1 Man on :
 
quote:
Originally posted by R1 Man:
Grabbed 690 shares of MT at $32.49/50 this morning. Glad I didn't get filled back up yesterday.

Hey Morpheus....I luv Cyber Vegas this week....lol. Up $428 already and still moving back up. Looks like all the Metal stocks will gain today even though some opened lower. Looking good!!!

Next week....I go back to work on days so no trading for me. Good luck all!!
 
Posted by R1 Man on :
 
Going to dump AKS at $19.25 or so. My father is encouraging that big because they are losing money. Either way....up over $800 on that in just a week.

MT...I think judging the movement of X, NUE, AKS...I think MT may touch $33.80 or higher today. Especially if the market turns around. And if they do turn around then AKS will likely touch $19.30 or higher.
 
Posted by BooDog on :
 
AIB, RDN, and PMI on the dip
 
Posted by R1 Man on :
 
quote:
Originally posted by BooDog:
AIB, RDN, and PMI on the dip

Good luck on those. I think AIB/PMI are dead ducks. RDN might bounce. But the risk is huge for all 3 of those.
 
Posted by R1 Man on :
 
quote:
Originally posted by R1 Man:
Going to dump AKS at $19.25 or so. My father is encouraging that big because they are losing money. Either way....up over $800 on that in just a week.

MT...I think judging the movement of X, NUE, AKS...I think MT may touch $33.80 or higher today. Especially if the market turns around. And if they do turn around then AKS will likely touch $19.30 or higher.

Out AKS....tried to change the order to $19.29 and then tried to change it to $19.35 and they killed the orders. $19.29 showed up as changed....then got kicked out. Wierd!!!

Off to take my boy swimming. Good luck all!!
 
Posted by TraderJones on :
 
Thanks SJU,
I'm keeping a close eye on SIRI. They did hit that .41 a while ago, but it seems to me that they will go lower. I'd love to get back in at about .38. I'm guessing they will head that dirrection early next week.
For now I'm ALL IN on GMGMQ AT 1.25!!
Just kidding...have a great weekend ALL!!
~~~TraderJones~~~
 
Posted by BooDog on :
 
quote:
Originally posted by R1 Man:
quote:
Originally posted by BooDog:
AIB, RDN, and PMI on the dip

Good luck on those. I think AIB/PMI are dead ducks. RDN might bounce. But the risk is huge for all 3 of those.
No doubt. Gotta watch how they roll. Thought CNO mighta had a chance. we'll see.
 
Posted by TraderJones on :
 
Hey All,
I've been watching SIRI carefully here and doing more checking on them. As far as their earnings report, I thought it didn't come out until August 3rd, not early July (8th?). Am I missing something here???
Any opinions would be appreciated.
Thanks~~~TraderJones~~~
 
Posted by sju1973 on :
 
Like a ghost town in here this week. Still long in SIRI here, not much else going on for me. TJ, it looked to me that the earnings are in early August when I checked as well. Not sure about the July date Morpheus mentioned in the earlier post.
 
Posted by Morpheus on :
 
about SIRI..i believe the i had stated Aug 4 as the est report date...and the earnings and outlook will be spectacular...just call the customer service people when you sign up for the Iphone SIRI service..talk to the person taking your order..24/7 400+ cust reps, taking subscriptions orders non stop...all profit to the bottom line..id say they are looking to make lots of mola above and beyond having all the car manufactures and a monolopy on the entire country and soon to be asia and china...NOW I ask you ..if that aint a story stock or what??
 
Posted by Morpheus on :
 
oh by the way...I have only been trading SKF in and out multiple time daily..seems to follow the dow jones pretty religously and easy to predict action when the dow i up a bunch I buy SKF and vice versa..and I remain whole hog on SIRI..its a make or break situation here..
 
Posted by TraderJones on :
 
I was in and out of F yesterday...Sold it in pre-market *$6.19, made a quick $235! WooHoo
Haven't gotten back into SIRI yet.
 
Posted by sju1973 on :
 
Morph. Yes, I agree with you on SIRI. I like this one a lot. I am very optimistic.
 
Posted by Morpheus on :
 
[Were Up] [Were Up] [Were Up] [Were Up] [Were Up] [Were Up] [Were Up] [Were Up]
 
Posted by TraderJones on :
 
so, the market is down again this morning. Any spectulation when, where and how much it's going to rebound??? [Roll Eyes] [Roll Eyes] [Roll Eyes]
 
Posted by Morpheus on :
 
hmmm...lets see...market down SIRI up...sounds about right...im just playing with TNA today long and short..
 
Posted by sju1973 on :
 
Yep. SIRI holding strong. Looking good. The iphone app just surpassed 1 million downloads.
 
Posted by Morpheus on :
 
i refuse to let the profit taking in SIRI deter me from my mid/long range goal..althought i did take a little off the table at 48 and back in at .445 ...totally crazy...
 
Posted by sju1973 on :
 
I hear you Morph. There is a lot of daytrading going on with SIRI. Thats okay. I held my shares, although it was tempting. If we break .50 maybe I will take some profit and buy back in on the dip. I will play it by ear. But I know for sure that i want to be holding SIRI come earnings.
 
Posted by TraderJones on :
 
I'm really supprised SIRI is down. They have so much potential.
 
Posted by Morpheus on :
 
just picked up 5k of YRCW *1.51 and have been making good buck on TNA riding down the short and now trading in and out ..itfollows the DOW pretty close and is easy to forcast
 
Posted by Morpheus on :
 
TJ and and sju...with SIRI being down right now...buy more, I did ..I believe itisjust the pros trying to shake out any weak holdings and this is a great opportunity to back up the truck..im buying 25k lots at a time right now..I now have 775k shares and buying more on dips..if it goes down a nickle from here I will be forced to trim my holdings due to margin...but I dont think so
 
Posted by sju1973 on :
 
I would love to pick up more SIRI, but unfortunately my funds are all tied up. Also, my broker will not allow margin use on stocks priced under $3.00. That really pissed me off because I wanted to load up on SIRI, but I can only purchase with cash. Oh well.
 
Posted by sju1973 on :
 
CIT at 52 week low. Bouncing today.
 
Posted by Morpheus on :
 
sju...you need to go with Interactive Broker..they have trades for a buck..(but not on stocks under a buck) margin is all good and a really slick click and trade screen for fast in and outs
 
Posted by Morpheus on :
 
I also have a few Scottrade accounts (margin and 7 buck trades) that I trade my IRA in...I use the level 2 charts, along with the level 2 quotes with IB, as the real time charts are really great
 
Posted by sju1973 on :
 
Thanks Morph. I will have to check out Scottrade and Interactive Broker.

I am currently with Zecco. The interface is ok, but the charting tools suck. I use stockcharts.com for charting. I also have margin with Zecco, but they do not allow you to use it for stocks below $3.00. That's my biggest complaint. I did hear a lot of good things about Scottrade.
 
Posted by sju1973 on :
 
CIT a nice 20% bounce today, EXPH over 200% gain today. I was watching both of these all day, but had no available funds to trade. Damn.
 
Posted by Morpheus on :
 
sju...for day/active trading go with IB...it does have a minimum initial cash input..and for daytrading its 25k
 
Posted by TraderJones on :
 
When the heck is this market gunna rebound?? WOW! Things look awfully bleek!
 
Posted by TraderJones on :
 
[Confused] [More Crap] [Good Luck]
 
Posted by jgrecoconstr on :
 
Morpheus you got some big kahunas there with SIRI. I picked some up a couple weeks ago, still holding shares from $2.05 to from last July when it dropped like a rock. Always seems when there's good news with SIRI it drops plus that approved rev/split is kind of scary. It will be interesting to see which way it goes with the earnings news.
 
Posted by sju1973 on :
 
YRCW is rockin today. Up over 100%
 
Posted by TraderJones on :
 
GMGMQ way up!!! where are they going?? wow!
 
Posted by TraderJones on :
 
So guys, what's the deal with a reverse split on SIRI? Why do they want to do this? When is this going to happen?

Big bounce on GMGMQ coming?
 
Posted by Morpheus on :
 
here is my thought on SIR...yes it has been pulling back..there has been zero news...this is the "quiet period" for the company to not leak anything so as not to raise flags with the SEC..I consider my shares.."money in the bank"..this pullback is a fantastic buying opportunity..I have been adding with each 1.5 penny down..that is my strategy..good luck to me
 
Posted by TraderJones on :
 
so,where is the market going to be tomorow with it being up so much today? I'm guessing it will still be up a little in the morning, but then take a big dump, but I could be wrong. Any opinions would be welcome!!
 
Posted by deathtoradio on :
 
I picked up some KKD the other day at 2.53. Today it was at 2.72. I'm thinking it's going to do a little better so I'm holding.

ONT has been pretty predictable as of late. I'm thinking about picking some up at .39. You still playing that one R1?
 
Posted by TraderJones on :
 
WOW the market seems soooo slow lately. I'm not in anything right now. Still looking for something that has some volitility. Watching SIRI carefully. [Good Luck]
 
Posted by R1 Man on :
 
quote:
Originally posted by deathtoradio:
I picked up some KKD the other day at 2.53. Today it was at 2.72. I'm thinking it's going to do a little better so I'm holding.

ONT has been pretty predictable as of late. I'm thinking about picking some up at .39. You still playing that one R1?

Death, your playing with fire with both of them. Yeah, I like ONT but the jump is long gone. Krispie Kreme I am not sure about. I wouldn't own it myself.

I am all in on STEEL stocks. X, MT, AKS, NUE, AA. I like MT and X the best for long term. AKS is a good short term stock. That is where my money is banked. The past 2 weeks I was on days shift so had no chance to play the market. Infact, I could of flipped MT by selling at $34 and buying back in around $32 atleast 3 times during my return to work. But I ended up holding it and was down over $2,500 on MT alone and $500 down on X. Right now I am down $80.58 on X and positive $800.92 on MT. I'm just gonna play the metal stocks for now. Staying away from financials for sure.

Ohhhh....and remember what I said about GM stock. New ticker MTLQQ....its garbage and worthless. Doesn't matter if its trading at $0.64 right now. Its not worth the paper its printed on.

So, will the market hit 9,000 this month? I am thinking that is a yes. But still looking to flip STEEL a few times before it hits.

PS....I'm laid off for 2 weeks again and when I go back. It will be 2 weeks on, 2 weeks off for the rest of the year. I will be back on 2nd shift. So you will see me post more now.
 
Posted by deathtoradio on :
 
I'd like AA it in the lower 9's.
 
Posted by sju1973 on :
 
Interesting SIRI article.

http://satwaves.com/****/2009/07/10/could-sirius-xm-be-positioned-for-government -contracts/
 
Posted by R1 Man on :
 
Your link doesn't work.

So, market up 225 right now. Which day will be the down day??? I know why its up today but I am thinking Friday will be the down day making Thursday a slight gain of 30-40 points.
 
Posted by TraderJones on :
 
I think that's a fairly good estimate R1. I think Friday will be a very down day actually.
 
Posted by sju1973 on :
 
quote:
Originally posted by R1 Man:
Your link doesn't work.

So, market up 225 right now. Which day will be the down day??? I know why its up today but I am thinking Friday will be the down day making Thursday a slight gain of 30-40 points.

I'm not sure what happened with the link. Try this link.

Interesting SIRI article.

http://seekingalpha.com/article/148276-is-sirius-xm-positioned-for-government-co ntracts
 
Posted by R1 Man on :
 
I'm selling all my METAL stocks today. Thinking of flipping the AIRLINES today only but not holding anything. Friday, I will look to buy back in on anything and everything. 30-40 point gain today is still my prediction. Friday, I think a 90-120 point drop. That will do me wonders if I'm right.

Missed buying more AKS at $18.51 this morning. Kicking myself for not grabbing it. All the metal stocks were up and they were down. Knew it would pop. [Frown]

Anyways, Airlines I might play are: LCC, UAUA, DAL, JBLU...can't remember the others. Also will look on the screener and see what I find. I'm getting greedy today.
 
Posted by R1 Man on :
 
Dang....didn't sell my METAL stocks yet. Down over $0.60 from where I was going to sell.
 
Posted by TraderJones on :
 
R1, It seems like UAUA always hits a low this time of year. I think they have a earnings report coming July 21 also...might be spec. buying up untill there.
 
Posted by R1 Man on :
 
Sold all my steel. Made $1,599 on it all. Debating on what to do next. I think steel will go down friday so debating on selling short, which to sell short and how many shares. Also, do I cover today and be safe or roll the dice and cover friday. Hmmmm.....????
 
Posted by R1 Man on :
 
Ok, debating on shorting MT or X. Leaning towards MT and have short order of 1,100 at $35 in. Scared though. Market is higher then I had hoped and also X has really moved up farther then I suspected. That makes me wonder if MT will hit as high as $35.23....???? Scratching my head now. The market has moved up FAST and not really slowing down.

Changed it to $1,000 shares short at $35.10. Playing cat and mouse right now.
 
Posted by R1 Man on :
 
I skipped and playing safe. Good luck to us all on Friday!!
 
Posted by R1 Man on :
 
I knew STEEL was going to be lower today. Should of held my breath and just sold 1,100 shares of MT short Thursday at $35. Bid is $34.28 today. Well, I'm not sure if I will even buy anything today because of the surge of 500+ points in a week. I think we have some pulling back ahead of us today and next week. Anything I buy today will be sold today.

OIL is interesting right now. Might flip DXO or something in that nature.
 
Posted by R1 Man on :
 
BCRX is the day trader to play today. I'm gonna roll the dice on it a few times. [Wink]
 
Posted by R1 Man on :
 
quote:
Originally posted by R1 Man:
BCRX is the day trader to play today. I'm gonna roll the dice on it a few times. [Wink]

Trying 5,000 shares at $6.00. Looking to make $0.10 or $500...maybe even more.

But that is my big payoff for the day.
 
Posted by R1 Man on :
 
I hit it at $5.98. Now scratching my head wondering if it will get back in the $6.00 range. [Confused]
 
Posted by R1 Man on :
 
Back in the $6.00 range....holding my breath.

I hit it for $600 bucks!!!

[Were Up]
 
Posted by TraderJones on :
 
R1...looks like it's topping out and headed for a down trend for a while...my own speculation.
 
Posted by R1 Man on :
 
I know....gonna whore it one more time I think. I tried to sell it short at $6.08 and my order was kicked out. Sure would of been nice....because it hit $5.92 after I tried. Anyways, this is EXTREMELY RISKY so beware!!!

I will likely WHORE it some more though. As long as my son keeps watching Dora Explorer. [Smile]

If I buy in....it will likely be around $5.90-5.93....with a sell at $6.06-6.10.
 
Posted by TraderJones on :
 
I'm guessing here.....it looks like it might even go into the $5.80 range or less. It does look risky. Could take a big dump at any time....watch for that bounce maybe.
 
Posted by TraderJones on :
 
R1---Dora might be over soon....Sponge Bob next??
 
Posted by R1 Man on :
 
I know...I got distracted....neighbor's dog got loose and then my son had to watch a back-hoe dig a hole next to me. So time is running out now.

I will have to look at it later today. Too much to do now....Bath, Lunch, Play, Nap then its a possible go.

STEEL stocks bounced also. But again, I don't advise anyone to buy and hold today.
 
Posted by sju1973 on :
 
CIT was a great play today. Bankruptcy scare looming drove this way down. Financing talks with banks today drove it way up. I was watching this since yesterday afternoon. I had a feeling it would be a great flipper today.
 
Posted by R1 Man on :
 
quote:
Originally posted by sju1973:
CIT was a great play today. Bankruptcy scare looming drove this way down. Financing talks with banks today drove it way up. I was watching this since yesterday afternoon. I had a feeling it would be a great flipper today.

I watched it also. I haven't followed the news on it today but Chapter 11/7 would still be likely. I know its up over 120% today.

BCRX....WOW did it ever fall and get back up. Now I am ready to play again. Wish I had bought at $5.60s...back at $6.02 now. But I will throw the dice again...maybe even twice.

STEEL shot up big. Didn't see this coming. Would of been up more if I had held vs my $600 pick pocket this morning. Ohhh well....I'll just reach in the old wallet a few more times and make up for the difference plus a little extra for my weekend fun.
 
Posted by R1 Man on :
 
I grabbed 7,000 shares of BCRX at $5.88. Selling at $5.98. Maybe higher....just put my son to bed too so now I can watch it better.
 
Posted by R1 Man on :
 
SOLD!!!!!!!!!!! WOW I am good!!!! Made another $700 this time. $1,300 for the day. [Were Up] [Big Grin] [Were Up] [Big Grin]
 
Posted by sju1973 on :
 
Nice job R1. You're on a roll this week.
 
Posted by R1 Man on :
 
Yep...made $3,000 this week I think. All cash except my 1,400 shares of VG.
 
Posted by R1 Man on :
 
DAMN....I should of whored it again...I was debating on getting back in with 8,000 shares at $5.85....its at $6.02 now...geezzz....so much for another $1,360.... [Frown]


Anyways, everyone have a great weekend. I know I will!!!
 
Posted by R1 Man on :
 
HGSI and CIT.....Are todays day traders heaven!!!

CIT is very disturbing though....how do they kill that stock with all kinds of WORTHLESS Chapter 7/11 talks and now its back from the grave and 4x off the low....???

HGSI...I was gonna grab 4,000 shares at $10.50. Missed that boat [Frown] $11.60 now
 
Posted by R1 Man on :
 
Not sure which to play. Will not play CIT unless I don't use my margin. But HGSI might be my only play today. Have to get a feel for how it will move before I touch it. Right now its at $10.30...make that $10.60
 
Posted by R1 Man on :
 
Wow...HGSI...$9.80 now....hmmmm....????...$9.50s...$9.20s...now back at $9.70s. Getting my feel of $$$$ fever.
 
Posted by R1 Man on :
 
They won't let me buy margin on CIT or HGSI...so might flip BCRX again today.

STEEL is up again....geez....????
 
Posted by R1 Man on :
 
OREX is a day trader too. Haven't thrown my rock just yet....still debating. Leaning for the bigger rock to throw option though.

Also, thought about buying 11,000 shares of CIT at $1.24 and didn't...geez....$1.38 now. No luck today.

HGSI....$9.40s...might throw the rock there.
 
Posted by R1 Man on :
 
HGSI is my play today. Grabbing 3,100 shares between 9.40-9.43. Selling at $9.70 or higher. Just have to wait for it to drop again.

Guess this is the R1MAN show today.
 
Posted by R1 Man on :
 
No luck on getting filled. Have to do a few things....but will keep an eye on it. Too bad I wasn't loaded up....$9.89 now. Would of been up $1,519. Geez....I know I will hit good today. I'm determinded. Then the rest of the week is play it safe...CASH!!!
 
Posted by TraderJones on :
 
Wow did you kill last week R1!! Way to go! I'll bet HGSI will take a dump mid-afternoon then shoot up towards the end of the day. Could be in the mid $8 range. we will see. [Razz] [Razz] [Razz] [Razz]
 
Posted by R1 Man on :
 
I'm not so sure about $8s range but I believe it will come back down to $9.30s. I sure wish I was in. Have to do the MATH...might just sell it short and forget about it. I have my son here saying...."Lets go outside". But if I had hit at $9.40....wow...that would be $0.90 per share or $2,790.

I just have all these rocks I can throw today...but only 1 throw. Who knows....but it will be $$$$$$$$ day either way.

BTW....I am being wreckless trading like this but the rewards are BIG. So game on!!
 
Posted by TraderJones on :
 
Well good luck!! When do you think this way-up market is going to dump?? Where do you think it's going to go down to? It sure seems awfully high and scarry. I can see is droping 300 points this week, about half of what it went up last week. So how old is your son? I have a 6 year old. just one kid.
 
Posted by R1 Man on :
 
I think it will dumb this week....but it really wants to hit 9,000 pretty bad. I'm leaning all cash until the HUGE DROP. But would like to see it come back to 8,250-8300 range....then I will throw my entire hand of darts all over the board. But until then...absolutely NO overnight positions.

This is what I was gonna do today

Buy 7,000 shares of BCRX at $5.62....its at $6.05 so would of been up $3,010.

Buy 3,100 shares of HGSI at $9.40....its at $10.22 so would of been up $2,542.

Was going to buy 11,800 shares of CIT at $1.24.....its at $1.34....so would of been up $1,180.

I think I need a beer and come back. But my son will be 3 in 19 days.
 
Posted by sju1973 on :
 
Damn. I wish I would have went balls in on CIT and HGSI last week. I hate when I sit on the sidelines and watch these things develop and not get in. Oh well, one day I will catch one of these.
 
Posted by R1 Man on :
 
I am showing them off to you. depending on your money and account...you can always play BCRX/HGSI down.

I make 3-4x playing them up vs 1x shorting. Only 1 rock to throw too. But don't worry...there will be many others. Better to sit on the sidelines and reach in the pockets while the bulls run wild then to sit and wait not knowing if a BEAR or a BULL is coming. Remember that LOGIC and you will be safe.

HGSI.... [Wall Bang] $10.80 now....that makes $4,340 I missed now. [BadOne]
 
Posted by sju1973 on :
 
Very true R1. I have learned that PATIENCE is key when it comes to trading. I have lost plenty of money rushing into a trade on emotions.
 
Posted by TraderJones on :
 
HGSI just won't stop!!!! wow!!
 
Posted by R1 Man on :
 
CIT is ready for a rock...$1.25....but not my rock....my rock is a boulder today when I throw it. But buy CIT at $1.25...sell at $1.32-1.34.
 
Posted by R1 Man on :
 
Look at OREX....I posted it at 10:20 this morning when it was $6.50 range. Now its at $7.38. Missing all the big rocks today.
 
Posted by TraderJones on :
 
wow!!30% from yesterday!! I need to get on one of those also like SJU said....I hate waiting on the sidelines and missing out, although my money is tied up in DUG right now, so I couldn't do much today anyway. I'm waiting for this high market to dump so I can make something off them, not sure how far it's going ot drop though.
 
Posted by sju1973 on :
 
Crazy start to the week. All my cash is tied up also TJ. I thought about selling some to free up cash last Thursday. Now I'm kicking myself because I didn't. But like R1 said, there will be many others. At least I'm not losing money! [Smile]
 
Posted by TraderJones on :
 
HGSI IS GONNA GO THROUGH THE ROOF I THINK!!
Yes sju, at least your not loosing, there is always many others everyday.
 
Posted by sju1973 on :
 
HGSI will slide big last hour. IMO
 
Posted by TraderJones on :
 
you would think so...it will be interesting to see where they are tomorow.
 
Posted by TraderJones on :
 
I hope your scoring on this R1!!
 
Posted by R1 Man on :
 
Yes...HGSI is absolutely nuts like BCRX was Friday. So is OREX. What do all three of these companies have in common??? All 3 are drug companies. So why all the results so closely released together????

HGSI....new Lupis drug. First new drug in over 50 years.

OREX....Obesity drug.

BCRX....influenza treatment peramivir.

So....lets think back to DNDN. Shot up from $5.00 to $26 and now trading at $23.30.

On the sidelines with all CASH.
 
Posted by TraderJones on :
 
Last year this time it was any and all energy companies...I've definately seen lots of pharmasuticle companies poping up in the past month or so.
 
Posted by R1 Man on :
 
BCRX... [BadOne]

HGSI... [Wall Bang]

CIT.... [More Crap]

Sitting back and doing nothing.... [Were Down]
 
Posted by sju1973 on :
 
Well, I was way wrong with the HGSI slide call, lol
 
Posted by R1 Man on :
 
quote:
Originally posted by sju1973:
Well, I was way wrong with the HGSI slide call, lol

Yeah....its up $3.00 from where I could/should of got in times 3,100 shares....so that is $9,300 I missed....but I would of never held out this far....but dang!!!
 
Posted by R1 Man on :
 
BCRX is opening higher.

HGSI opening around the close.

OREX opening slightly down.

STEEL opening up big again....geez!!

CIT opening $1.39.

Airlines stocks opening higher also.

I saw a stock earlier today. J something. Will be a good day trader.
 
Posted by R1 Man on :
 
HGSI....geez....$13.10+ now.
 
Posted by TraderJones on :
 
pretty good volume also on HGSI!!
 
Posted by R1 Man on :
 
I grabbed 2,300 shares of HGSI at $12.50. Looking to sell at $13.10 or higher. Ok...missed my entry BIG. Less then $11 now.
 
Posted by TraderJones on :
 
I assume when this market drops you will actually will be able to hear it, like a big BOOM! I can't imagine it's going to sustain this level much longer. Everything seems crazy high.
 
Posted by R1 Man on :
 
I can't believe I pulled the trigger so fast. But yesterday I hesitated and then missed the ship. Today I blew my load too fast. Could of got in at $12 and saved $1,150. Now I'm up $897. Patience is the key to life.
 
Posted by R1 Man on :
 
HGSI....My exit is set for $13.25...unless I can sit here and predict it going even higher which I do but $11.76 scared me a bit. After this...no more trading for me the rest of the week. Good luck all!!!
 
Posted by R1 Man on :
 
HGSI....Sold at $13.25...made $1,704.20. Good luck all. Time to go play with my son. Guess I can treat him good now. [Were Up]
 
Posted by TraderJones on :
 
WOW AWESOME!! have fun!!
 
Posted by R1 Man on :
 
That is gay....just got done writting an email and just caught the price. I knew I sold it too cheap!!! $14.01. Guess I didn't want that extra $1,748.

Anyways, off to play. Good luck all.

PS...stay CASH. CASH RULES right now.
 
Posted by sju1973 on :
 
HGSI $14.55. At least you got in on this a little R1. I missed the boat completely. I wonder if this thing will ever stop.
 
Posted by TraderJones on :
 
Well sju, they're way beyond their 52 week high. there has got to be a big drop coming sometime, you would think anyway. Almost hit $15. Got to be way over bought too.
 
Posted by R1 Man on :
 
BCRX went wild too. $7.56 close, high of $7.92. Just think....I was gonna buy this one instead of HGSI today at $6.17 and hold it for a minute and I would of bought 7,500 shares. I dropped the wrong load today but I'm comfortable with that. As for OREX/BCRX/HGSI...they all have potential to hit $20+ like DNDN did but we are in uncharted waters that are VERY DEEP. So how far are we willing to venture out??? I swim good but out of shape so I will only venture out as far as I can see the shore. Once the shore is missing....then your really shark food or on your way to Hawaii.

Here are some factors in the market. All these companies keep releasing earnings. CAT is the next big one and that is why they are up so high. STEEL companies all release next week. The first one to FALTER will send a panic in the market and creat a sudden spiral downward. But if all these companies keep up with good earnings, then we will break out into the 9,000+ range. Right now, some investors are getting confidence and buying up stocks. But unlike them, we are skeptable about the market, the risks and returns because we ALL including Morpheus have felt the WRATH of GREED!! So CASH is KING right now and when that crash comes. We will be ready. But until then, we can whore the little fish trying to become large.

CIT is such a DRAMA bank stock. This will wake up TAX payers about the government making loans to companies. The Obama health reform will influence the market as well because the RICH are playing POOR. My father explained something to me. What do the Police and Firedepartment do? They both protect your property. Who has property? The Rich. Who should pay the bulk of the protection? The rich because they have more to lose, more that needs protecting and because the RICH makes the rules/Regulations/Laws that makes America a two tier system of RICH getting Richer and POOR getting Poorer. What a topic I just started.

Well, have to finish up later. Have company now.
 
Posted by R1 Man on :
 
ONXX....Day trader today. Its up almost $10. I think this will have some good dips.

SBUX might be a good day trader today as well.

Today might be our first down day. Sure Apple/ONXX Pharma had great earnings but other big stocks missed earnings. The banks came in last...WFC/MS missed earnings. So how low will we go???

HGSI is still hot. I debated last night after hours in buying it so I can sell it today and hopefully make some more money. Guess I should of. I would of knocked down another $0.60 or more.

TC...been one of my father's favorites. Its ripe now...but he still thinks its going to the $20s. I don't know. I never really liked it because it lacked volume. But he was telling me to buy it from $7-11 a share. Guess he was right.

STEEL....about time it comes down...but needs way more to go for me to grab any. AKS might be my next steel play when I'm ready. I would like to load up on it at $16 range. So have $2 and some change it needs to lose.

AAPL....I swear....this stock has made me kick myself a few times. I debated on buying it before all my huge losses back in November or so when it was in the $80s. Guess I should of. Would of had the money I lost since then plus another $25k. That is why I am leaning on steel companies. They are all down 40-80% of the 52 week high. That means lots of room to move up or even double.

UNG....$13.28. My father likes this one a lot.

CCJ....$26.16. My father's pick as well. He likes that this metal company extracts Uranium to 15% of the world's supply. He think its going higher then its 52 week high.
 
Posted by R1 Man on :
 
VG has been moving back up from the pit. Was at $0.33 last week. Bid is $0.38 now. I have been tempted to drop a $1,000 bomb on it just to lower my average and to see what happens.

I actually feel like dropping $1,000 on a few stocks. SIRI/URRE/LVLT/VG/RAD/FRE/FNM/ONT/RF/C/LCC and others. You never know what will pan out.
 
Posted by TraderJones on :
 
Well R1, you definately have done your homework! If I had lots of money back when AAPL hit $79, I would have loved to dump a huge amount in and just let it sit. I knew this would happen. My dad trades, but his therory is buy it and let it sit...and apperently to him, the longer you leave it in a stock the more money you make. Doesn't quite know what he's doing. Not that I do yet either. Although I've told him a hundred times to buy AAPL, and he never wants to because it's "so expensive". I've tryed to explain it doesn't matter! It's the percentage that it's going to move up. I know I told him to buy around that $80 mark. He's kicking himself now isn't he?! I'm into DUG now watching this swing happen. Your right this a greedy market. It's like the oil market last year...just being forced up, but not necessarily reflecting the actuall value or economy. I'm guessing it might just break that 9000 mark, but there's gonna be a big down fall soon.
 
Posted by R1 Man on :
 
I was going to buy CTIC this morning at $1.34 but read the article where they are gonna flood the market with more stock.

Not sure what to buy if anything. If I buy, I have to hold it overnight. So who knows.
 
Posted by TraderJones on :
 
WOW just broke 9000! Where is this thing going??
It just can't be up soooo many days in a row without a BIG drop coming.
 
Posted by TraderJones on :
 
F way up today, broke $7. It's been obvious to me they are going to be the victor of the American car companies. Or should I put "American" in quotations?!?!?....Opel...Fiat.
 
Posted by sju1973 on :
 
Good day today overall. Everything up for the most part. I think we all agree, a pullback is coming soon.

SIRI up over 7% today for a 2nd green day in a row. SIRI will release 2nd quarter results Thursday 8/6/09 before the bell. I still expect SIRI to do well. I will be holding until at least the Friday after earnings.
 
Posted by Morpheus on :
 
I bailed on half my SIRI..(350K shares) today at .42..looking to buy back anything below 40.5..(im hoping) also just been short DRV and FAZ , then went long 30 minutes before the close..I had anticipated MSFT will miss their report and I seemed to have guessed correct..Im looking for a big down day tommorrow , Friday,..for the last 12 fridays or so..they have been "up friday",,this one will be dirrerent.. SIRI will be off to the races very soon IMHO..will be accumulating in the days to follow
 
Posted by R1 Man on :
 
I have 2 rocks I can throw today. [Smile]

How about BCRX for a throw and HGSI for the other throw.

Only if I had held onto my BCRX....GEEZ!!! I had 7,000 shares at $5.88. Would of been up $23,520. Ohhh well....I still think I robbed them pretty good.

Just saw LCC went up $0.39 from post. Missing all the sweet buys!!! I still like UAUA as a pick.

Stupid CTIC went up 10% from when I was going to buy. Maybe the stock holders said screw it if they flood the market with stock priced at $1.30 a share. ????
 
Posted by R1 Man on :
 
I have $528 play...but thinking there is a far bigger fish out there. BCRX play will be 4,500 shares at $9.15, exit $9.37 for a $990 gain.
 
Posted by R1 Man on :
 
I'm going to buy $1,000 worth of CIT * $0.854. Just a worthless gamble.
 
Posted by R1 Man on :
 
I haven't pulled the trigger of BCRX yet. Still waiting like a snapping turtle waiting for the right size fish.
 
Posted by R1 Man on :
 
LCC...$2.90 premarket....thats up over 40% from pick.

UAUA...$3.85 premarket...up 20%+ from pick.

BCRX...up even more in premarket. $9.86 bid.

MT...$37.45 premarket. I really hopes this stock comes back down. Missing the boat on this one.

Stocks that caught my attention today:
DVAX, RFMD, NVAX, ARBA, SQNM

2 others caught my attention but we missed the boat. They got bought out. HNBC, VARI.

I'm undecided in what I will play today but look forward to making at least 1 trade.
 
Posted by R1 Man on :
 
BCRX will be my trade today I believe!!
 
Posted by TraderJones on :
 
Where's it gonna hit a low? I've freed up some money so I'm lookin for something good too.
 
Posted by R1 Man on :
 
BCRX...Target entry $10.10. Target exit...$10.40 or higher. Buying 4,000 shares.....maybe even more.
 
Posted by TraderJones on :
 
I tryed to get it at $10.12 and just missed it, damn it!
 
Posted by R1 Man on :
 
Partial fill...2,900 shares....not sure if to sell or wait for the other 1,800 shares for a total of 4,700 shares...but this $753+ is looking good.
 
Posted by R1 Man on :
 
BCRX...Well, made $928. Gonna roll the dice some more later. See how high it goes this time and readjust my entry and sell.
 
Posted by TraderJones on :
 
R1---You rock. I was too slow to catch that low.
 
Posted by TraderJones on :
 
CIT looks pretty good today also.
 
Posted by R1 Man on :
 
BCRX...new order is 5,000 shares at $10.18. Might raise it higher...maybe up to $10.30....but new target exit will be $10.58 or higher.
 
Posted by R1 Man on :
 
quote:
Originally posted by TraderJones:
CIT looks pretty good today also.

I still have my 1,200 shares. Not worth it for me to buy anymore. Just wanted to throw that $1,000+ pebble at it...you never know. But the most I can make off the $0.79-0.83 play is $810 and that is risky as hell!!! That means buying another $16,000 worth and selling for a $0.04 gain. Too hard to make that change. I could get in at $0.805 and sell at $0.825...but a order like this would move it both ways.

So....just to kick my butt some more. I was in BCRX at $5.88 with 7,000 shares. Its up $4.74. So missed $33,180 gain. Sometimes you look back and kick yourself in the butt. But so far I have made $2,228 off it so far.

HGSI I made $1,725 on it.


BCRX...debating on raising my entry to $10.35...hmmmm????
 
Posted by TraderJones on :
 
Stop kickin your self. You made money, couldn't have forseen this huge surge.
 
Posted by R1 Man on :
 
Raised it to $10.25 now...might reraise to $10.28. Exit will be $10.50s now once I get back in.
 
Posted by TraderJones on :
 
It seems like BCRX will still go lower, looks like to me anyway. maybe around $10.23 or so.
 
Posted by TraderJones on :
 
It looks a little risky to me, volume is droping and so is the market....we'll see.
 
Posted by R1 Man on :
 
Just got filled at $10.25. Geez....down at $10.16. Guess I misjudged that one a bit. I was in the process of changing it back to $10.20 when it filled. That was FAST!!! Sell is $10.40 or higher.
 
Posted by R1 Man on :
 
If you have some good money...its ready for another ride up. $10.06.
 
Posted by TraderJones on :
 
It felt awfully risky to me so I didn't get in. I'm kickin myself now. [BadOne] [BadOne] [BadOne]
 
Posted by R1 Man on :
 
SOLD at $10.55. Made another $1,500. I'm on a hot streak this month!!

Ok...time to go play. $2,428 cleared today. Not bad at all.
 
Posted by TraderJones on :
 
WOW you are on a streak!! That's awesome! Live it up!!
 
Posted by R1 Man on :
 
quote:
Originally posted by TraderJones:
It felt awfully risky to me so I didn't get in. I'm kickin myself now. [BadOne] [BadOne] [BadOne]

You have to listen to what I say TJ. I know my stuff for the most part. I will find more awesome plays. Don't you worry!!!

By the way...lets peek at my finds this morning:
DVAX...same
RFMD...off a little...but almost the same.
NVAX...up another $0.40 or 10.67%.
ARBA...down $0.21.
SQNM...up $0.65 or 11.4%

So todays picks are not so bad. But we're gonna make some $$$ this month. Still 4 more days. I will have 1 round trip available Tuesday.
 
Posted by TraderJones on :
 
Thanks a lot R1. I hate missing out because of my inexperience and/or fear of losing money. I'll be here trying to study as much as I can, and make some good play's too! A lot of times I see it just as you do, but that fear kicks in and I miss it. Just need a little success my way and maybe I can get on a roll too.
 
Posted by R1 Man on :
 
I hear you TJ. Get this....before I go to work...yeah I said go to work...been 2 weeks now. But I'm gonna grab 1,000 shares of BCRX and hold over night and see what happens. I have a big ohh crap cushion now. But then I can make even more. Guessing I will grab more at $10.40 or less and thinking it will break out of $10s and be in low to mid $11s Tuesday. Who knows...but that is my plan and thoughts.

WFC has gained almost a buck over the past 2 trading days. I was debating on playing that on Friday but you know how I feel about financials right now.

I think I will grab another wild stock...hmmm....BBI...buying 1,500 shares at $0.727...have partial fill.

But this is going to be my strategy for a while. Take my earnings and thow 1/2 at a wild pick.

ONT will be my next grab when I make more money Tuesday.

I also will throw a dart at URRE when I have more money again.
 
Posted by R1 Man on :
 
OREX is the lagger of the 3 I found. Hmmm...this has room to gain $1.50+. Not sure on that...just a thought.

OK...OK...OK....off to feed my son and play outside.
 
Posted by TraderJones on :
 
NVAX looks good too, although that and BCRX are beyond their 52 week high. Not sure if they have more room to keep going. I'm watching for the mid-afternoon dip, see if they take another big surge towards the end of the day.
 
Posted by R1 Man on :
 
Doesn't look like I will get filled unless I pay way more then what I sold it for. Going to peek at what else is out there. But off to work soon.

DVAX moved up now. Everything else is the same.

Guess I won't buy anything. Off to work. Good luck all!!
 
Posted by R1 Man on :
 
DRYS and OCNF popped today. Geez....I have been watching them both for a while now.
 
Posted by BooDog on :
 
quote:
Originally posted by R1 Man:
LCC...$2.90 premarket....thats up over 40% from pick.

UAUA...$3.85 premarket...up 20%+ from pick.

BCRX...up even more in premarket. $9.86 bid.

MT...$37.45 premarket. I really hopes this stock comes back down. Missing the boat on this one.

Stocks that caught my attention today:
DVAX, RFMD, NVAX, ARBA, SQNM

2 others caught my attention but we missed the boat. They got bought out. HNBC, VARI.

I'm undecided in what I will play today but look forward to making at least 1 trade.

nice work.
Took a play with LEE from .68 last week. That's about all I've had time for.

[Good Luck]
 
Posted by R1 Man on :
 
I will be extremely busy the next 2 days so no trading here. Maybe the market will crap while I'm gone. We'll have to see.

Good luck all. Also it seems that the drug companies are gonna go down now. ????

Anyways, Good luck all.
 
Posted by BooDog on :
 
quote:
Originally posted by R1 Man:
I will be extremely busy the next 2 days so no trading here. Maybe the market will crap while I'm gone. We'll have to see.

Good luck all. Also it seems that the drug companies are gonna go down now. ????

Anyways, Good luck all.

i call dow back to 8500, TODAY!! lol
well, looking for a dip anyway.
don't work too hard R1 [Cool]
 
Posted by R1 Man on :
 
My dad was sneaky today and bought USU at $3.30 and sold at $4.30 and didn't tell me until I was out and the price was around $3.80. What a punk!! I haven't looked at that stock due to my time restraints but take a look. He said it dropped $3 a share.

Drug stocks dropped too. So did STEEL!!! [Smile]
 
Posted by R1 Man on :
 
INO!!! Play of the day! I am BUYING this one. Not sure what price and but jumping all in. When I do sell it, I'm going to keep 1,000-2,000 shares depending on how much I make.
 
Posted by R1 Man on :
 
MT is looking better also. Dropping over $2 a share.

INO...I saw this when it was $2.05...I didn't have enough time to grab it that cheap. Very curious what the market will do with it at open.
 
Posted by R1 Man on :
 
Ok...Think $1.93 will be entry...$2.20 will be exit.
 
Posted by R1 Man on :
 
My son just got here...so got distracted before I could place the order. Have to catch the dip now.
 
Posted by R1 Man on :
 
OMG....$2.38...I think next time I will leave a note on the door saying let him in and shut the door. What a costly distraction!!! I was grabbing 7,300 shares at $1.93-1.96. So missed $3,066 but hope I can catch it back up off a dip.
 
Posted by TraderJones on :
 
damn where is that dip gonna be...I knew I should have bought it at open!!
 
Posted by R1 Man on :
 
Missed the dip....Was watching "How Low Will It Go!!" And froze!! When it hit $1.89 I got nervous.
 
Posted by TraderJones on :
 
I was chasing it and saw that too....trying to get it as low as I could
 
Posted by R1 Man on :
 
$1.90 order placed for 8,000 shares. NEVER CHASE!!!!
 
Posted by TraderJones on :
 
are they gonna flatten out and take a big dive???
 
Posted by R1 Man on :
 
Not going to find out. But This is my plan today. Buy 8,000 shares. Make $2,100 and keep 1,000 shares. So the $2,100 will pay for the 1,000 shares and put $200 in cash.
 
Posted by TraderJones on :
 
$1.90 order placed * 5000 shares ...I hope it hits it!
 
Posted by R1 Man on :
 
We might have to switch it to $2.02. Sell at $2.20 still. You will have 4,700 shares and should make over $800 or more.

I will make $1,200 or more.

This is one that might be fueled the rest of the week. Might even roll the big dice and hold the 8,000 shares over night. If that sucker gained a buck...WOW!!! GREED is not our friend...only when we're lucky.
 
Posted by TraderJones on :
 
yeah just doesnt want to come down that far... not sure where to grab it yet
 
Posted by R1 Man on :
 
Changed the order to 7,800 shares at $2.02. Have to lets the dogs out and get my son some goodies. WE ARE GONNA MAKE 10% or more today!! WATCH!!!
 
Posted by TraderJones on :
 
I'm doin it!!!
 
Posted by TraderJones on :
 
5000 * 2.02...changed
 
Posted by TraderJones on :
 
If it hits I'm planning on automaticly setting my sell * 2.20...I don't want to wishfull think and/or chase it!
 
Posted by R1 Man on :
 
$2.10 has a pretty big wall to get knocked down. Was 39,000 plus but down now. Hmmm....Think we will get filled soon. Still debating on changing the order again and making it slightly lower. Gonna do $2.00
 
Posted by R1 Man on :
 
Nevermind...filled. 7,800 shares at $2.02. Sell order will be for $2.18 or higher.
 
Posted by TraderJones on :
 
filled at 2.02 set sell at 2.20
 
Posted by R1 Man on :
 
Talk about chasing...I didn't think we chased it very far. $1.91 now. Geez....messed that up a little. It should come back.
 
Posted by R1 Man on :
 
Just saw the WALL of CHINA at $2.00. 45,000+ sell. We knock that down then it will run again.
 
Posted by TraderJones on :
 
It should easily go beyond $2.00 now
 
Posted by R1 Man on :
 
HGSI gained a buck again....geez!!! I'm so happy Sponge Bob Square Pants is on....or I'd be doing housework or be really distracted. Dora made me miss a better entry. [Wink] I hope Sponge Bob brings me Mr. Crab's SAFE.
 
Posted by R1 Man on :
 
[BadOne] [BadOne] [BadOne] [BadOne] [BadOne]
 
Posted by TraderJones on :
 
Damn where is this thing going???
yikes
 
Posted by TraderJones on :
 
your suppose to say "be patient young grasshopper"
 
Posted by R1 Man on :
 
quote:
Originally posted by R1 Man:
SOLD at $10.55. Made another $1,500. I'm on a hot streak this month!!

Ok...time to go play. $2,428 cleared today. Not bad at all.

This is my line....SOLD!!!!


So if you see it with a [BadOne] Then I took a loss. But likely it will be "SOLD!!! [Were Up] "
 
Posted by R1 Man on :
 
I have to get ready...so X-ing fingers.
 
Posted by TraderJones on :
 
looks like it is starting an up trend towards the noon hour
 
Posted by R1 Man on :
 
I think we're good now. Just plowed down a big wall.
 
Posted by TraderJones on :
 
I'm seeing it!
 
Posted by rajthebam on :
 
1.97 for INO - is that good entry point? i am thinking about buying 500 shares...what do u guys think?
 
Posted by R1 Man on :
 
rajthebam.....you do not have enough funds and the answer is NO!!!!
 
Posted by TraderJones on :
 
$2.00 woohoo!!gonna go now!
 
Posted by TraderJones on :
 
It's gotta go break that $2.10 to go anywhere...seems like a lot more strength now, it should go.
 
Posted by R1 Man on :
 
Guess shaving and taking a shower helped. Up $780 now. You happy you listened now TJ????
 
Posted by TraderJones on :
 
Happy so far!! gotta find that exit now, my sell is at $2.20, seems like it will hit, already hit 2.16 should blow through 2.20 after noon hour
 
Posted by R1 Man on :
 
SOLD!!!!!!!! Sold it at $2.17. MADE $1,170. WHOOOHOOOO!!!

Damn am I good or what!!!

TJ....you sell yet???
 
Posted by R1 Man on :
 
So here is a thought...I played it safe...well...dangerous...but I didn't try to climb the Rocky Mountains. I stayed in the hills. But I do think it can hit $2.40s again today....just not comfortable with that. Good luck all. Off to get some things done.

Next stop....STEEL!!! Just not today.
 
Posted by TraderJones on :
 
YES YES YESSSSSS!!!!........SOLD * 2.17!!! MADE $725!!!!!!!!!!!!!!!!!!!MEGA HIGH FIVE WITH YOU!!
 
Posted by TraderJones on :
 
I'm goin straight to 7-11 and buying a big foam #1 finger that says "I MADE SOME DAMN GOOD MONEY TODAY"!!!!
 
Posted by TraderJones on :
 
WOW! shot up to $2.35, didnt see that coming! I won't complain! I made money, thanks to your help R1! now if I could do that everyday I'd be feeling real good! On to the next!!
 
Posted by oldseven on :
 
Nice job guys. My Zecco account doesn't let me buy premarket. I was watching this for the last few weeks and now that it jumped big, I could't play.
Win some lose some. GLAD you boys made some money. There will be others! I agree R1 steel is next.
 
Posted by rajthebam on :
 
well i could've made 150...but wasnt meant to b i guess....
 
Posted by TraderJones on :
 
Raj- we made money but it was looking risky at where we were sitting, especially when it took that dip to $1.82. Shooting up like it is now was a gamble. There's always more to come.
 
Posted by rajthebam on :
 
TJ agree -
 
Posted by TraderJones on :
 
Raj-listen to R1 he knows what he is talking about!
 
Posted by rajthebam on :
 
i did listen to him - i didnt buy it
 
Posted by rajthebam on :
 
well hope u guys dont hate me for this...but i got in at 2.70 for 500 shares and out at 3.22 for 250 net gain...was a gamble i knew that. its still going up but i m happy with gain.
 
Posted by BooDog on :
 
Nice job on INO you guys!
what a gap it left behind eh!?
 
Posted by TraderJones on :
 
CAN ANYONE BELIEVE WHAT INO DID THE LAST PART OF THE DAY????? ANYONE??? WOW!!!UNBELIEVEABLE!! R1 how about you?? I couldn't have forseen this. Especially when the took that dip to $1.82, then looked so stinking week even to break $2.00...Don't worry I'm not complaining. It was a good day.....period. Way to go Raj! I shut it off after I made my money, I didn't want to know what I could have made or whatever. Although what a ride huh?!?!?!
 
Posted by R1 Man on :
 
INO.....Well, I bought back in with 10,000 shares at $2.11 before I left and still holding. [Were Up] Bid is $3.41 so how much will I make Thursday??? Any guesses????

I'm kidding. Wish I did!! Raj....I seriously would have to smack you for what you did. But it worked out so congrats. But NEVER EVER EVER EVER EVER CHASE it.....unless I do [Wink]

So....Hope you all noticed what we did. The MARKET was on DRUGS and picked a few DEEP POCKETS. Good thing they all were stuck on DRUGS.

First BCRX....then HGSI....then OREX....Now INO. All 4 drug stocks.

Well, Friday I think I get 2 day trades. So no trades until then.

Good luck all. And TJ...you missed $6,650 and I missed $10,374 more. So do I still rock or did we get screwed???
 
Posted by TraderJones on :
 
R1...why why why did you have to calculate what I would have made??? I was really trying to avoid that. What INO did was unforseeable, from the pattern it was taking up untill noon, the percent we took out was GOOD AND SAFE! Still happy here.....you still rock!
 
Posted by R1 Man on :
 
NVAX...geez am I good!!! Posted it when it was $3.79. Now its at $4.83.

My dad has a bounce play:

AKAM Down $4.27. He is looking for a buck bounce. I think maybe $0.50.

STEEL went up today.
 
Posted by R1 Man on :
 
quote:
Originally posted by TraderJones:
R1...why why why did you have to calculate what I would have made??? I was really trying to avoid that. What INO did was unforseeable, from the pattern it was taking up untill noon, the percent we took out was GOOD AND SAFE! Still happy here.....you still rock!

You should see what I should of made the past 10 days. Lets just say I can pay my house off with what I missed out on.

Here ya go:

7,000 shares BCRX at $5.88. Ran to $11. Missed $35,40.

2,300 shares HGSI at $12.50. Ran to $15. Missed $5,750.

7,800 shares INO at $2.02. Ran to $3.56. Missed $12,012.

So I made about $7,000 off these 3. But missed out in making $46,602.

So that little amount you missed is nothing compared to what I missed. You feel better now???

AKAM...It ran to $16.30+ and back at $16.04. Would be easy to flip but no rocks to throw for me.
 
Posted by TraderJones on :
 
can't quite see a bottom on AKAM.
 
Posted by TraderJones on :
 
I tryed to get CIT at .86, and sell at .89 just to squeeze out a few percent , but missed by a split second. aaarrrggg!
 
Posted by R1 Man on :
 
quote:
Originally posted by TraderJones:
can't quite see a bottom on AKAM.

That is why I'm not in it. Plus if it tanks more and I would buy. I would be forced to sank with the ship.

So this is what caught my attention this morning.

CHINA

I can't remember the other tickers and its "Land Before Time" time. So can't watch MSNBC to find the tickers.
 
Posted by TraderJones on :
 
LVS was my other pick but was paying attention to too many other things....gotta do something today.
 
Posted by R1 Man on :
 
I have my CIT still. But not betting the house. Only have 1,200 shares at $0.8623 average.

TJ...you need to sit back and follow me. Since you have some good buying power. But just wait today. I'm gonna make some more $$$. Messing around with CIT will only waste your chances in making some serious $$$.
 
Posted by TraderJones on :
 
INO is gonna turn to dust pretty soon! Where is that last guy that bought it at $3.40....running for the hills???
 
Posted by R1 Man on :
 
FRO has been a good flipper lately that I haven't talked about but been watching for 3 months. Up $1.02 today. But its a over night flip.

LVS is up so much and who really knows at all if or when the market will puke out all the gains??? I almost pulled that trigger back when it was $8-9 last week. Same with the WFC trigger at $22.50...but again. Staying away from financials. I lost enough money messing with them.

AKAM is actually a good stock. They have been consistant in making $0.35-0.42 a share each quarter. Maybe its not so bad to play. I think I will grab some and hold over night after all. Entry will be $16.05 or so. Unsure how many shares I will grab but it will be 1,000-3,000....ok....just placed the order to FIRE. Bringing out my Desert Eagle on it. 3,000 shares at $16.
 
Posted by TraderJones on :
 
I hear ya R1. I get panicky....feeling like I HAVE to do something. I really don't like forcing my into something, I know this isn't the way to trade. trying to be patient!
 
Posted by TraderJones on :
 
Is everyone watching INO?? I think I can hear the crash from here.
 
Posted by R1 Man on :
 
quote:
Originally posted by TraderJones:
Is everyone watching INO?? I think I can hear the crash from here.

Does this make sense to anyone???

Under the terms of a Securities Purchase Agreement, Inovio will sell an aggregate of 11,111,110 shares of its common stock and warrants to purchase up to 2,777,776 additional shares of its common stock. Each unit, consisting of one share of common stock and a warrant to purchase approximately 0.25 of a share of common stock, will be sold for a purchase price of $2.70.
 
Posted by TraderJones on :
 
um what??
 
Posted by Madpammy on :
 
Morpheus, where fore art thou? Still hot on siri? I am thinking about jumping in for earnings.
 
Posted by TraderJones on :
 
Mad-I was just thinking about SIRI also, wondering where they are headed with their report coming out next week.
 
Posted by R1 Man on :
 
GGC...look at the chart. Talk about CRAZY....look at the past 7 months. That is MAD!!! Don't buy this!! Just thought the chart was interesting strange.
 
Posted by TraderJones on :
 
R1...GGC---$1.50, $50.00.....$5.00...this is like a roll of the dice with your eyes closed and a gun to your head, WOW FREAKY CHART!!
 
Posted by R1 Man on :
 
quote:
Originally posted by TraderJones:
R1...GGC---$1.50, $50.00.....$5.00...this is like a roll of the dice with your eyes closed and a gun to your head, WOW FREAKY CHART!!

So its up 147% today. Already up $5 more since I posted it as an example of CRAZYNESS!!

AKAM....no fill yet.
 
Posted by rajthebam on :
 
GGC looks crazy....R1 what r u holding?

what r u planning on flipping on fri?
 
Posted by R1 Man on :
 
I'm not holding anything you should buy:

1,500 BBI
1,200 CIT
1,400 VG

I will not know what to flip until Friday which I don't know if I will even be available to do anything. I'm canceling my order on AKAM. Have to go to work soon.
 
Posted by Morpheus on :
 
dudes...Im alllll over SIRI...I took a chance last week and sold 350K shares at .42 and got back in on multiple buy backs around .39 ...Also..today is the day for that stock i mentioned last month..VHC ..I had picked up 5k shares on multiple buy in at 1.30 to 1.40 ...doubled up on this today ..another 5K at 1.40...the time is here gents..lets get rich together fellas...my current holdings most to least shares owned..SIRI VHC and grabbed 3K shares SRS * 15.10...I am short 1K shares LVS and 3K shares BC both picked up today near their highs of the day as it turns out..but SIRI and VHC are the hot picks now
 
Posted by Morpheus on :
 
oh btw..my plan is..once SIRI pops..im rolling half into C , this is setting up for a 5 banger in the next 6 months..so take heed ..just double checked my holdings..seems I have been in and out of BMCR and CNW too..and currently have small positions short on these for tommorrow friday.. [Good Luck]
 
Posted by Morpheus on :
 
RAJ...SIRI and VHC ..did somebody yell...BAM!!!
 
Posted by rajthebam on :
 
morpheus...good to have u back brother....VHC showing 1.82 after hours up 22%....who knows where it will open up tomorrow but definitley keep an eye on it....at what price is it not recommended to buy? its already up 22% After hours thats why i m asking...
 
Posted by rajthebam on :
 
whoa whoa...morpheus did u see the i/s, b/s, cf statements on VHC? what r ur basis for recommeding this one? no disrespect intended here....just trying to get ur thoughts on this.
 
Posted by R1 Man on :
 
quote:
Originally posted by Morpheus:
RAJ...SIRI and VHC ..did somebody yell...BAM!!!

Don't worry Raj....VHC which caught my eye 2 days ago when it jumped. Well, look at the charts. We can always short this.

INO is a day trader.

ANDS is a day trader.

AKAM...$16.73...wish I had listened to my father and filled that 3,000 share order at $16 now. Geez.

AMED...take a look.

FITB...When is this stock going to stop moving up???

I saw others today but no rocks to throw today.
 
Posted by Morpheus on :
 
raj...in the market many times ..its not what you know..but who you know...go back and read what it is i had said about VHC ...its my understanding this could go to 20 very soon...so there you have it..
 
Posted by Morpheus on :
 
oh yeah...what is i/s b/s c/f ??
 
Posted by R1 Man on :
 
quote:
Originally posted by Morpheus:
raj...in the market many times ..its not what you know..but who you know...go back and read what it is i had said about VHC ...its my understanding this could go to 20 very soon...so there you have it..

You have to go back to mid 2000 for $20. So right now its on very thin ice. I doubt $20 will come. But you never know....I have seen other stocks jump like that before.

Ok...I'm looking for something to buy and HOLD over the weekend. Crap...I used the H* Word.
 
Posted by R1 Man on :
 
Morpheus....Welcome back by the way.

R1Man + Morpheus....DAMN!!!!

INO is up more since repost. Anyone who wants a day trade...pay attention to this....let it peak and come back down and catch it. Be patient...this is fishing and its the big BASS. Went from $1.63 at my post to $1.90 now.
 
Posted by TraderJones on :
 
So, is the market going to be up and break a July record??..or take a big dump???
 
Posted by R1 Man on :
 
I was debating yesterday in buying back in INO around $1.50. Somebody bonk me on the head.
 
Posted by R1 Man on :
 
quote:
Originally posted by TraderJones:
So, is the market going to be up and break a July record??..or take a big dump???

Its going to be UP. Debating in grabbing some STEEL for the weekend. MT is down a little...stupid to buy but nothing else going on yet.
 
Posted by TraderJones on :
 
R1 same with ANDS looks like to me...just took a huge surge, could be a big drop comming
 
Posted by Morpheus on :
 
VHC...this is a total new company due to the fact..it does show a history on the charts..but it is a whole new ownership/mgt team as of 1 year ago and they are beating MSFT in a lawsuit over patent rights..its a whole new ballgame as of recently..so there you have..this is stuff you wont read anywhere..I just know
 
Posted by TraderJones on :
 
Ino coming down to about $1.77???? that's my best estimate.
 
Posted by rajthebam on :
 
i/s = income statement
b/s = balance sheet
c/f = cash flow statemetns
 
Posted by rajthebam on :
 
can i get in on VHC at 3.25?
 
Posted by rajthebam on :
 
holly molly before i even put the order in goes past 3.60 - oh well did market order in at 3.70 for 500 shares - get out at 4?
 
Posted by Morpheus on :
 
sure...if it sees 3.25 again...sometimes its a bac case of ..you snooze ..you loose...but im riding this to at least 10 (half way of what i was told the price could get to)..also ..SIRI is ready to explode..I just know (their people told my people)
 
Posted by Morpheus on :
 
"its a bad case of...you snooze.."
 
Posted by R1 Man on :
 
quote:
Originally posted by rajthebam:
holly molly before i even put the order in goes past 3.60 - oh well did market order in at 3.70 for 500 shares - get out at 4?

Run. Your up $250....but your hungry to your gonna roll the dice for more. $4.25.
 
Posted by rajthebam on :
 
man...morpheus...u made my day dude....should i wait here or get out and get in SIRI?
 
Posted by rajthebam on :
 
its hovering betn 4.35-4.42 - any thoughts of pullback?
 
Posted by R1 Man on :
 
quote:
Originally posted by R1 Man:
quote:
Originally posted by rajthebam:
holly molly before i even put the order in goes past 3.60 - oh well did market order in at 3.70 for 500 shares - get out at 4?

Run. Your up $250....but your hungry to your gonna roll the dice for more. $4.25.
WHAT DID I TELL YOU....Now your down. $3.63. Guess that carrot you could be eating wasn't big enough....now your eating crap.
 
Posted by TraderJones on :
 
Good place to buy again on this dip R1? About $3.60????....looks like a good dip
 
Posted by TraderJones on :
 
what the heck is going on with it ??? frozen on my screen. VHC??
 
Posted by R1 Man on :
 
Now you did it....I believe its HALTED. LOL....so if I am right....where will it go now???? Will you lose your butt or be stuffed like a pig??? Normally when a stock is "HALTED". Its because the stock price is dropping too fast that its a desperate try to stop the damage. And normally you lose your butt. But good luck.
 
Posted by Morpheus on :
 
i soled half my holding on VHC at 4.40 and back in at 3.50...WOW one minute later HALTED..WTF!!! [Confused]
 
Posted by Madpammy on :
 
Morpheus, Why did trading halt on vhc?
 
Posted by TraderJones on :
 
I didn't buy it, was watching it drop too fast!
 
Posted by R1 Man on :
 
quote:
Originally posted by Madpammy:
Morpheus, Why did trading halt on vhc?

Didn't you read my post above. The price was falling apart. I would bet that RAJ is still holding. Not to bust your butt but I do mean to so you can LEARN not to be GREEDY!!!
 
Posted by Morpheus on :
 
hell if I know...mad good buck and riding all profit now..so we will see what up...cant find any news at all on this stock
 
Posted by Morpheus on :
 
i just shorted BC (by the way) at 7.35 and long SRS
 
Posted by R1 Man on :
 
quote:
Originally posted by TraderJones:
Ino coming down to about $1.77???? that's my best estimate.

Did you get any? Its rated BULLISH on Yahoo's front page.
 
Posted by R1 Man on :
 
quote:
Originally posted by Morpheus:
i just shorted BC (by the way) at 7.35 and long SRS

POOL stock. Not a bad short at all. But look at the earnings. It makes no sense.

BC reported 2nd quarter 2009 losses of $1.80 per share on July 30, 2009. This beat the $1.36 consensus loss of the 6 analysts covering the company.

The past 4 earnings are worse then estimates. So how did they BEAT analysts with a positive suprise???
 
Posted by TraderJones on :
 
R1...missed it, got way too distrcted with vhc, DAMN IT!! THERE IT GOES!!
 
Posted by Morpheus on :
 
taking profit on my LVS short right here...9.46...seems to have stalled ...waiting to go long
 
Posted by R1 Man on :
 
quote:
Originally posted by TraderJones:
R1...missed it, got way too distrcted with vhc, DAMN IT!! THERE IT GOES!!

Well, now you have a range. Entry $1.80...exit $2.00. There ya go.
 
Posted by TraderJones on :
 
MORPH...R1---thinking about putting a real low buy on VHC like at $1.80...Advisable?? or way too risky at this point till this is running again??
 
Posted by R1 Man on :
 
T and S...my dad thinks its a SLEEPER. Not sure...we both agree that they are losing money. Not going to buy. But its a thought.

DO NOT TOUCH VHC. Bid $0.02 if you want. But not $1.80. When it opens...there will be panic selling. Watch!!
 
Posted by Morpheus on :
 
TJ ...i think its a good thing...why not?? small position
 
Posted by TraderJones on :
 
VHC...WELL.....It's definately going to be interesting to watch what happens,I'm holding my breath, I don't think I'm gonna bid though, unless I see a realllly crazy price.
 
Posted by Morpheus on :
 
raj...there goes SIRI...guess you snoozed on this too...dude ...what up?
 
Posted by rajthebam on :
 
man i should have bailed on VHC at 4.40 - kicking myself...theyre saying halt might be throughout the weekend
 
Posted by Morpheus on :
 
theyre saying...where did you get this..i cant fing anything..also...siri is going to 1 buck+ by next friday..so there you go..running into earnings suprise..its gonna be acrazy game of "cyber vegas" meets "deal or no deal"..."the banker is offering"..
 
Posted by Morpheus on :
 
anything under .50 on SIRI is great
 
Posted by Morpheus on :
 
reversed my BC to long at 7.11 for now
 
Posted by sju1973 on :
 
Go SIRI Go! [Smile]
 
Posted by Morpheus on :
 
short CNW at 45.35 still a good thing...watch the euro/dollar ..dow follows the the euro..verbatim
 
Posted by TraderJones on :
 
MORPH...I'd love to put a large amount into SIRI now, but I hear talk about a possible reverse split, and then I hear about other miscelanious things hear and there. No disrespect here, just trying to get as much insight as I can before I make a move. Any further knowledge would be great! thanks
 
Posted by Morpheus on :
 
read there financials...they have a monoply...and their earnings will explode...about the reverse split..and delisting blah blah blah...seekingalpha.com has ready good stuff on SIRI..also satwaves.com and siriusbuzz.com...but again..their people called my people ..so i just know
 
Posted by Morpheus on :
 
I cleared over 15K on the VHC and now riding only with the "house money" if you will...i added 10K to my SIRI at .4355 and will go to vegas this weekend and hang by the Mandalay Bay pool and girl watch..then when it cools down..play lots of golf..GOD BLESS AMERICA
 
Posted by Morpheus on :
 
stopped out CNW 45.55...looking to short again soon
 
Posted by rajthebam on :
 
ok got out of jail at 4.15
 
Posted by Madpammy on :
 
Thanks Morpheus, quick $600.00. Gentlemen, listen to the man. He knows........
 
Posted by Madpammy on :
 
Is VHC worth getting back in on a drop?
 
Posted by T e x on :
 
quote:
Originally posted by Morpheus:
I cleared over 15K on the VHC and now riding only with the "house money" if you will...i added 10K to my SIRI at .4355 and will go to vegas this weekend and hang by the Mandalay Bay pool and girl watch..then when it cools down..play lots of golf..GOD BLESS AMERICA

lol, for sure--nice catch with VHC
 
Posted by rajthebam on :
 
i m trying to buy siri at 0.44 but my order is not processing for some reason even though price is 0.44 - i guess the decimals are whats causing it to not fill it

i understand the commission is like 17 bucks on scottrade due to it being penny stock
 
Posted by Morpheus on :
 
the ask on SIRI is .4470 that is why
 
Posted by rajthebam on :
 
got in on 4600 shares of SIRI at 0.45 - seekingalpha has good things to say about earnings coming up - what other factors u think morpheus that could impact? may be possible buyout?
 
Posted by Morpheus on :
 
nesw came out at 11:15 pst on VHC ...just like my little bird told me it would.it spiked up to 5 bucks and i bailed on all 10k shares on the pullback...i now back in 10K shares at 3 bucks...long..this Markman Order only show a favorable and credibility to the lawsuit against MSFT..next stop..a buyout?? I dont know but when i do I pass it along. I been told its headed to 20 bucks+ ..so im in for at least 10 bucks
 
Posted by R1 Man on :
 
I have 2 rocks to throw Monday. I might play INO as 1 trade. Not sure what yet but I don't have my son tonight....(I'm sick). So good luck to us all.

I will check the market in the morning. Who knows...maybe I will steal a bite out of Morpheus's VHC pick. Depending on the movement. But looking to make $1,000 on each trade Monday. Guess I am getting too confident and greedy. So who is with me and post some picks.

Be back in 9 hours.
 
Posted by R1 Man on :
 
Good size list today.

HURN...down a ton. Lost a lawsuit. $10.35...down $34

INO....$2.31....up $0.20.

KERX...$1.65. Passed trial but has to do another.

RPRX...$1.10...down $1.38....but no good.

ONTY....$5.15....up $0.52. Good earnings past quarters.

HURN....So....my father said to stay away because they have no respect anymore. They are a consulting company and they fired all management. They have to restate earnings. So he sees this going chapter 7/11.

ANDS....$2.75....up $0.15

AGEN....$2.49...up $0.30

I like these 2 picks I stole off a different thread last night.

PAL...$3.19...up $0.10

CNO...$3.24...up $0.13
 
Posted by TraderJones on :
 
R1...I got into SIRI on friday,So I don't have a lot more to trade with. VHC looks fairly good in pre-market, and so does INO.
 
Posted by R1 Man on :
 
You will enjoy the $200 you will make on SIRI vs that $700+ I helped you make and the others you will miss out on. Good luck!!
 
Posted by R1 Man on :
 
HURN....saw $10.18 this morning...going to make this a play...but over $12 now. Have to wait for the dip.
 
Posted by R1 Man on :
 
ONTY....my father likes this one a lot. Has good earnings.
 
Posted by R1 Man on :
 
INO and KERX are looking to be my plays today.
 
Posted by rajthebam on :
 
TJ i also got in on SIRI on Friday - not much room here either but R1 is saying KERX - whats the rationale there?

INO just seems too unpredictable at the moment

will have to look at HURN if there is any potential upward tick there?
 
Posted by R1 Man on :
 
I see an easy $600 on KERX, INO, ANDS....but looking for that $1,000+ purse. Hmmmmm.....
 
Posted by R1 Man on :
 
quote:
Originally posted by rajthebam:
TJ i also got in on SIRI on Friday - not much room here either but R1 is saying KERX - whats the rationale there?

INO just seems too unpredictable at the moment

will have to look at HURN if there is any potential upward tick there?

Its all day traders is all. Nothing more. Buy today...sell today.
 
Posted by R1 Man on :
 
KERX is looking like the play today. Target entry is $1.58....target exit will be $1.80. Will grab around 10,000 shares.....looks like I missed the first boat. $1.84.
 
Posted by rajthebam on :
 
R1 kerx is already 1.80 as u r writing this...when did u get in?
 
Posted by R1 Man on :
 
Put in order on INO at $2.32. Grabbing 8,000 shares or more. Exit is $2.42.
 
Posted by R1 Man on :
 
quote:
Originally posted by rajthebam:
R1 kerx is already 1.80 as u r writing this...when did u get in?

I didn't get in. I saw it jump as I was posting.

I almost always post what I am doing before I make a move. That way you all can be on the same boat as me. But not filled on anything.
 
Posted by rajthebam on :
 
you da man....R1...u one of those rare good fellas..keep it up.
 
Posted by R1 Man on :
 
INO at my sell point and not filled. KERX moving down now. So might change order for KERX if it drops low enough.

KERX order will be 9,700 at $1.65. Exit will be $1.78...$1,261 gain if it hits.

INO...8,000 at $2.32...exit $2.42....$800 gain if it hits.
 
Posted by R1 Man on :
 
HURN....$13.66. I knew it was gonna bounce....dang it. My father steered me away this morning when I was gonna load up at $10.20. CRAP!!! I would of grabbed 1,700 shares or more. [Frown]
 
Posted by rajthebam on :
 
ouch...thats gotta hurt....
 
Posted by R1 Man on :
 
ONTY $5.90....has my attention as well. If I played it...entry would be $5.77...exit $5.98.
 
Posted by R1 Man on :
 
INO....filled at $2.32 with 8,300 shares. Exit $2.40.
 
Posted by TraderJones on :
 
I got into DUG more than a week ago....AND IT'S KILLING ME!! When is this high market going to change dirrection??? Any money that I've made doesn't counteract the money I'm loosing..when is this F.....er gonna come up?? Someone give me a glimmer of hope!
 
Posted by R1 Man on :
 
DUG....you can park you butt on it and it should come back to $18. But its gonna move down more before that happens. $18 should be around mid September I'm thinking.
 
Posted by R1 Man on :
 
On phone giving my father some crap over HURN. He thinks its funny....Missed $7,200+ in gains.
 
Posted by R1 Man on :
 
quote:
Originally posted by R1 Man:
Good size list today.

HURN...down a ton. Lost a lawsuit. $10.35...down $34

INO....$2.31....up $0.20.

KERX...$1.65. Passed trial but has to do another.

RPRX...$1.10...down $1.38....but no good.

ONTY....$5.15....up $0.52. Good earnings past quarters.

HURN....So....my father said to stay away because they have no respect anymore. They are a consulting company and they fired all management. They have to restate earnings. So he sees this going chapter 7/11.

ANDS....$2.75....up $0.15

AGEN....$2.49...up $0.30

I like these 2 picks I stole off a different thread last night.

PAL...$3.19...up $0.10

CNO...$3.24...up $0.13

Guess that is the GOLDEN list.

ONTY $6.07 now. Up another 20%
 
Posted by TraderJones on :
 
R1...So your in INO?? Is it going to budge? or are you gong to bail?? If it reacts anything like it has in the past few days, it should start an up trend around noon or so.
 
Posted by R1 Man on :
 
I am holding for $2.40. I think it will hit later today. Not what I expected but I'm fairly confident.
 
Posted by R1 Man on :
 
INO....plowing down HUGE ASK walls now. 72,000 bid at $2.32. Building BID walls....$2.34 now. [Smile]
 
Posted by TraderJones on :
 
R1..yeah I'm seeing it too, should start going good now!
 
Posted by R1 Man on :
 
STEEL jumped again today. Have to rethink entry targets. This is a sector that I want to be in for the long haul.
 
Posted by rajthebam on :
 
R1 wat r u watching in steel sector?
 
Posted by TraderJones on :
 
INO just doesn't want to move, damn it.
 
Posted by R1 Man on :
 
AKS, MT, X, URRE, but I also watch NUE, AA, CCJ, few others that I can't remember. Its too much right now to buy any.

CIT...released news and stock HALTED. Hmmmm...I'm in with 1,200 shares around $0.85 I think. Not sure which way it will go but I expect a jump either direction.

INO....Hoping it breaks out soon. Wants to play from $2.27-2.34.

I have a doctor appointment at 1:30 so will have to jet pretty soon. Hate being sick....but a nice gain will make that sickness feeling go away.
 
Posted by R1 Man on :
 
CIT [Were Up] Jumped the right direction!!! $1.02
 
Posted by TraderJones on :
 
I'd appreciate a big swift kick in the head so I can get out of this slump I'm in. I'll never buy DIG or DUG again, unless it's a DAY trade! AAAARRGGG!.....R1--AWESOME on CIT!!!
 
Posted by R1 Man on :
 
Good luck all....leaving sell order in INO at $2.40. Hopefully they can get me in and out quick before I have to work. Might have to ride the motorcycle so I can get back faster.
 
Posted by TraderJones on :
 
Good luck...have fun at the doctor's. Don't race too fast.
 
Posted by rajthebam on :
 
nice move R1...
 
Posted by TraderJones on :
 
RAJ....your in SIRI also...?? Where do you think it's going? Going to be up all week? Or die out and float back to .42 range??
 
Posted by rajthebam on :
 
on SIRI, i see the run up to .53 mark rigth before the earnings....there are many positives at this ER than the previous ones - first time FCF positive expected, cash for clunkers working in their favor, iphone app bringing new subs, debt maturities pushed to 2013 - to naem a few - i m definitely long
 
Posted by TraderJones on :
 
RAJ, are you planing on selling late Wednesday, before earnings on Thursday morning?
 
Posted by rajthebam on :
 
TJ how many stock u holding
 
Posted by rajthebam on :
 
i am not sure at this point - late wed is too far in our world dont u think? i would like to take morpheus' perspective on this though...he seems to call the right shots on SIRI for sure
 
Posted by TraderJones on :
 
I have 22k shares. Yeah holding that long over a few nights does make me a little nervous. The more I do this, the more it seems day-to-day is usually the better way to go. Maybe I should have sold at .48 this morning. Would have made about $850.....not sure not sure not sure...hhmmmmm
 
Posted by rajthebam on :
 
whats ur avg buy in price?
 
Posted by TraderJones on :
 
MORPH...You around??? What's going to happen with SIRI?? I'd love to hold and make lots of money, but I've got to be safe too, what up?
 
Posted by TraderJones on :
 
I bought at .4417
 
Posted by TraderJones on :
 
SIRI starting to make a move now!
 
Posted by TraderJones on :
 
Where's it goin' RAJ???
 
Posted by rajthebam on :
 
0.48 now
 
Posted by TraderJones on :
 
Looks like it will break .48 today...maybe open at .485 tomorow...???
 
Posted by R1 Man on :
 
Dang...changed INO order to $2.34 sell. Have to get to work. Guess I will roll the dice and possible hold overnight. Remember....GREED will bite back.
 
Posted by TraderJones on :
 
R1..too bad on INO. But did you see CIT?? Lookin good there!
 
Posted by Morpheus on :
 
just got back from vegas...good times fo'sho'....
man o man...look at the bank we are making today, and tommorrow looks to be just a marvelous..go siri go..to a buck and beyond..
a little VHC for kicks, and SIRI are currently my only holdings..as I had F and it hit my limit sell at 8.80 and took me out..but SIRI is rocking now,im all in, margined to the hilt, 800k shares..I know, I cant believe it either!! sooo, no need to mess with all the other BS that is out there..good luck to us ..and if you feel that you missed it..you did not, buy now and hold on for the ride..earnings report thursday..this has turned into a real life game of "deal or no deal"..open another case, and the bankers offer is?? Im totally freaking out, as greed has overtaken rational thinking..
 
Posted by T e x on :
 
What did you play in Vegas?
 
Posted by R1 Man on :
 
quote:
Originally posted by T e x:
What did you play in Vegas?

This is VEGAS T e x...Morpheus is all in on SIRI. He's playing $8,000 penny slots. Each penny moved costs or pays $8,000.

Morpheus....I will give you this....Tuesday WILL BE AN UP DAY!!! That I can see already. So you should gain a little in SIRI....but maybe you should sell half...wait....you would equal 1.5% of the total volume...I think you would kick it down a penny or 2 with your leverage.

Anyways....I think I'm safe on INO...I see it moving up again. Changed my sell to $2.44. Still have 2 rocks to throw.

CIT...Sold it at $1.01 shortly after leaving for work. Didn't want to deal with a margin call possibility and made $187....only had slightly over $1,000 in it....made 18.3%....too bad I didn't play with more money. Ohh well.

VG is still moving back up...if I make a good profile on INO....I might roll it into VG. Have 1,400 shares.

RPRX bounced back 21% Bid $1.33...posted at $1.10.

ONTY was my best pick Monday...posted it at $5.15. Bid is $6.65. Up 29.1% I might trade this today.

HURN was just a dead cat bounce play....but will the cat bounce twice???

TJ....they saying OIL will go higher Tuesday...I have to agree.

DOW Future is down 27....I don't see it at all.

RAD....posted this a while back...52 week low was $0.20....bid is $1.70....that is a 8.5 bagger.

CAR was the same way. Just think...it was at $0.34 and now $8.84...so that makes a 26 bagger. Where were we when we should of been buying these 2. As for RAD...I was scared and it seemed that they would go Chapter 7...not 11. CAR releases earnings today so watch it jump. I think they will miss earnings. How about they lose $0.22 a share....well no more then $0.28. But the mean is ($0.15).

Well....off to clean up....so good luck all.
 
Posted by T e x on :
 
quote:
Originally posted by R1 Man:
quote:
Originally posted by T e x:
What did you play in Vegas?

This is VEGAS T e x...Morpheus is all in on SIRI. He's playing $8,000 penny slots. Each penny moved costs or pays $8,000.

Morpheus....I will give you this....Tuesday WILL BE AN UP DAY!!! That I can see already. So you should gain a little in SIRI....but maybe you should sell half...wait....you would equal 1.5% of the total volume...I think you would kick it down a penny or 2 with your leverage.

Anyways....I think I'm safe on INO...I see it moving up again. Changed my sell to $2.44. Still have 2 rocks to throw.

CIT...Sold it at $1.01 shortly after leaving for work. Didn't want to deal with a margin call possibility and made $187....only had slightly over $1,000 in it....made 18.3%....too bad I didn't play with more money. Ohh well.

VG is still moving back up...if I make a good profile on INO....I might roll it into VG. Have 1,400 shares.

RPRX bounced back 21% Bid $1.33...posted at $1.10.

ONTY was my best pick Monday...posted it at $5.15. Bid is $6.65. Up 29.1% I might trade this today.

HURN was just a dead cat bounce play....but will the cat bounce twice???

TJ....they saying OIL will go higher Tuesday...I have to agree.

DOW Future is down 27....I don't see it at all.

RAD....posted this a while back...52 week low was $0.20....bid is $1.70....that is a 8.5 bagger.

CAR was the same way. Just think...it was at $0.34 and now $8.84...so that makes a 26 bagger. Where were we when we should of been buying these 2. As for RAD...I was scared and it seemed that they would go Chapter 7...not 11. CAR releases earnings today so watch it jump. I think they will miss earnings. How about they lose $0.22 a share....well no more then $0.28. But the mean is ($0.15).

Well....off to clean up....so good luck all.

lol, you hijack my question? [Big Grin]
 
Posted by TraderJones on :
 
So what's going to happen with SIRI today? looks a little slow to me.
 
Posted by R1 Man on :
 
INO....That is what I get....I changed the order higher when it would of sold at $2.34 premarket because it hit $2.35. [BadOne] Now down $2.11. I think it will bounce back up though. All the other drug companies are up good.

So DOW was -57 future....now break even. Maybe I will be right???
 
Posted by R1 Man on :
 
ONTY....$7.16....up $2.00 now. Should of grabbed this one instead...DOH!!! That is 39% gain.
 
Posted by TraderJones on :
 
R1...Have you been watching UAUA??? going big today! They have been quietly creaping up!
 
Posted by TraderJones on :
 
AAPL $165!!! WOW!!
 
Posted by rajthebam on :
 
SIRI 0.5051 as we speak - go siri go.....morpheus is saying 1 buck but even if it reaches 0.75, thats not bad gain after all....

morpheus will probably pay off his mortgage from this gain...that is if he has mortgage by now
 
Posted by sju1973 on :
 
Go SIRI go.

Damn, I was going to hold until at least Friday, but with the way this thing is taking off I'm not sure what to do.

Any thoughts Morph?

Do you think this thing will rage on through Friday? I'm already up 30%.
 
Posted by TraderJones on :
 
WOW! Look at the buying on SIRI! DAMN!
 
Posted by R1 Man on :
 
Hey, Morpheus can dictate the market pretty good. All he has to do is sell 1/2 his shares and then put an order in as AON and he can push the price up. Seriously...who is gonna have enough money to buy 400,000 shares on 1 trade???

Morpheus...think about what I just said. Want to make it a buck...then use your muscle.
 
Posted by TraderJones on :
 
R1....makes me go hhhhmmmmmmmmm.
 
Posted by TraderJones on :
 
........on so many different levels.
 
Posted by SoAngel on :
 
R1 - Hope you are still holding INO.
 
Posted by R1 Man on :
 
INO....SOLD!!!!!!!!!

YES I DID HOLD IT!!!!! WOW......So much for being down $1,700+....I sold at $2.60/2.53/2.52/2.49 I'd say I made $2,200+

I woke up and saw $2.90 run across the streamer and RAN my butt upstairs to look.
 
Posted by oldseven on :
 
still a good buy on the dip today
 
Posted by TraderJones on :
 
YES YES YESSSS R1!!! WOW I was hoping you were up!! Damn good for you!! I saw them up 30%, and was wondering if you were still sleeping.
 
Posted by TraderJones on :
 
Well what's up? Anyone spot any good day trades? I was going to buy UAUA yesterday, they might on their way to $7. haven't made a move yet.
 
Posted by Madpammy on :
 
Morpheus, are you still holding siri? It was up good early
 
Posted by TraderJones on :
 
Mad...Did you get in SIRI?...Looks like lots of profit taking with all these big dips. What's gonna happen tomorow I wonder???
 
Posted by Madpammy on :
 
Yes, only a small position. Wanted to get something if it goes to the moon. Morpheus is rarely wrong. It would be nice to know when he pulls the trigger though. He can move it down in a heartbeat.
 
Posted by TraderJones on :
 
I'm still a little sceptical seeing it go through the roof. The report comes out at 8am East coast time. (as far as I know) Might be mayhem after that. We'll see.
 
Posted by TraderJones on :
 
anyone getting nervous on SIRI yet??? lookin a little freaky to me.
 
Posted by R1 Man on :
 
$2,200 profit on INO...time to buy a WILD CARD. URRE sounds like a good candidate. How about 1,000 shares at $1.09.

Also....how about a BONUS....1,000 shares of LCC at $3.15.

Hmmmm....might have to do a few day trades first....but that will likely be my move.
 
Posted by R1 Man on :
 
Somethings up with SIRI....gonna drop a BOMB on it. 35,000 share order...each time I go to confirm....the price jumps.
 
Posted by R1 Man on :
 
35,000 at $0.5545...watch it run.....ok....It got swallowed whole....DAMN!!! Gonna dip at $0.575 or higher.
 
Posted by Morpheus on :
 
I scalped 200K share at the open pop..58 and it kept climbing ...I was kicking my self early today..but I just bought back 220K shared at .5410..thats all im doing today and just gonna sit back and watch this pig play out tommorrow..my people tell me to took for above .80 and beyond in the weeks to come..it a nervous game of "the baker is offering" deal or no deal... [Confused]
 
Posted by TraderJones on :
 
R1 did your order fill on SIRI?? where did you buy?? What's your thinking here??
 
Posted by R1 Man on :
 
Damn....up $175 already. And owned for just over a minute.
 
Posted by Morpheus on :
 
...tell me to look for above .80 and..
 
Posted by R1 Man on :
 
It filled WHOLE....I didn't even move the market. I was gonna get in at $0.551 and every time I placed an order...well, set it up and was going to confirm. It would jump. Maybe they are using that FLASH trading where they see and order being placed before the market sees it. ?????

Anyways....ended up getting filled at $0.5545...no partial fills either. It was swallowed whole. Haven't put in a sell order yet but this will be a day trade....plus I will keep a few shares. Up $290 already.
 
Posted by R1 Man on :
 
quote:
Originally posted by Morpheus:
...tell me to look for above .80 and..

Morpheus...If I would decide to hold for that...I think I'm gonna have to fly down and play some drunken golf with you...because the party wouldn't end. We'd be wasted for weeks.

So....atleast my son's account is getting back up...he is in at $2.48 on SIRI. [Frown] Daddy has his back though....so he's all good. [Wink]
 
Posted by R1 Man on :
 
Hey Morpheus....quit selling your shares...now I'd down $21 bucks....geez.....!!!!....make that $87.50...guess Karma is hitting me now. So ummmm....what a nice guy to buy a round of drinks on me. [Big Grin]

Hey....now your buying for other bars....Down $227.50. Hope your not planning on buying for the whole city.
 
Posted by R1 Man on :
 
CIT....$1.49....DOH!!!!! Should of stayed....guess that $187 wasn't a piece of the pie. WTH!!!
 
Posted by R1 Man on :
 
AKAM....$18.11....should of grabbed that one too.
 
Posted by R1 Man on :
 
How about that....SIRI....Bid is $0.51 and ask is $0.52. I closed down $507.50 on it. I expect if it drops to $0.52 I will be down $1,207.50. So holding my breath Morpheus [Eek!]

Anyways....ONT....DAMN GOOGLE!!! That was one of my favorite babies. My seasonal stock. Ohhh well. Congrats to anyone who had any. I think Google stole that company. Just think....a few years ago it was a $3.00 stock....so 60 cents does no justice.

Metro PCS....That is a interesting company. Its my cell phone company for one....but they are expanding their customer base. Not only that....they have updated their web browsing on the phones. Kicker....this week or last week...I was watching MSNBC and they had mentioned it as a hot stock and said it could get bought out by a big company like AT&T or someone like that. Man I hope they don't get bought out....I don't care if I owned the stock and made $10,000 on a buy out. I remember having Sprint bills ranging from $300-1,200+ for going over my minutes. Metro PCS has UNLIMITED EVERYTHING. Google it if you have never heard of it. Not a bad company at all.

So....JAVA...$9.15....WHY oh WHY does this stock still get traded???? It was months ago that they said it will get bought out. I have never seen a buyout take so long. Normally your given cash or stock with in a week.

The financials rocketed this week. Which one is worth buying for the biggest return....??? BAC/C/HBAN/RF/FITB/MS/JPM/GS/WFC.....????? I think BAC.

FRE/FNM jumped huge today also. I was gonna throw a pebble at each of them and bought BBI instead. [Frown]

BPOP...I was gonna drop kick that stock with a 5,000 share buy and park my booty on it for a month. [BadOne] Up 18% today and I was gonna do this last week.

FIG has been one of Cramer's favorites. Up 13% today. $4.85 close.
 
Posted by R1 Man on :
 
Lets see....Had to get out of bed a litle too early. I watched SIRI move from $0.48-0.56. I'm dumping it as soon as I get a chance to break even. I knew it was gonna miss and drop. [BadOne]
 
Posted by Madpammy on :
 
Bailed on siri, made 500 bucks. It will go to .80 now.
 
Posted by glenngsxr on :
 
You guys really think SIRI is going to go down today? I sure hope not.
 
Posted by Madpammy on :
 
Near term, I think it will move up. Morpheus is rarely wrong. Might slip back to mid .40's short term. Godd opportunity to get back in.
 
Posted by R1 Man on :
 
quote:
Originally posted by Madpammy:
Near term, I think it will move up. Morpheus is rarely wrong. Might slip back to mid .40's short term. Godd opportunity to get back in.

SHHHH!!!! I'm still holding.
 
Posted by glenngsxr on :
 
I'm averaged in at .42 for 4200 shares so I'm still ok at the moment. I was just so excited about this one and I could not sleep all night. Was expecting to see premarket at .65 or more, but time will tell.
 
Posted by sju1973 on :
 
I still holding SIRI also. I am hoping for the best today. Can go either way IMO.
 
Posted by R1 Man on :
 
Dumping my 1,500 shares of BBI at $0.7999. Making $94 bucks. Only spent $1,090 on it.

I'm stuck here watching Land Before Time and figures...my son isn't even watching. Too busy playing with my dogs.

Madpammy....SMACK!!! That is for suggesting that and maing it drop to mid to upper 40s.
 
Posted by glenngsxr on :
 
Madpammy, good call. Dipped to mid 40's and I bought in and no less than 1 minute later it's back to .51!!!!!!! I still do not have a clear exit strategy. I would hate to get caught out by Morpheus selling his shares. We all know he has enough shares to move it.
 
Posted by rajthebam on :
 
out at 0.52 on SIRI making 250 gain
 
Posted by Morpheus on :
 
i listened to the conference call and siriusbuzz radio this morning..the report wasmixed and obvisously not as compelling as we had expected..with that i bailed 600K shares and made som buck butt not as much as I coulda/should have..blah..I hate when I make mola and I dont feel good.. [Were Down]
 
Posted by R1 Man on :
 
Hey Keane...you have any shares left? I'm still chilling with mine. I was never gonna buy into this but lets think about a few things here.

SIRI does have the monoply. It does have a growing customer base. It does charge for radio. It has video technology. It was supported on the I-Phone. What else...??? Car sales are increasing. I will throw one at you. If you sit on it for a year. I'd say it will be around $1.50 or higher.

Anyways...will likely bail on it today if I get a decent exit price. I'm in at $0.5548 average. So shooting for $0.56 unless it gets close then might bail with a small loss. Better to retreat and fight another battle then to get crippled fighting a battle you can't win.
 
Posted by glenngsxr on :
 
although the report was mixed, it sounded like they are expecting a good quarter ahead of them so I think this may still be a play from day to day and a gradual climb up.
 
Posted by R1 Man on :
 
It got quiet fast.

So....CIT/ABK are day traders today.

CIT is a flip from $1.58 to $1.69.

ABK is a flip from $1.41 to $1.58.
 
Posted by R1 Man on :
 
BBI.....SOLD!!!! Made $99.40.

Now to dump SIRI and roll it all into ABK at $1.41. Exit will be $1.48-1.58...unsure.
 
Posted by glenngsxr on :
 
glad I held SIRI. seems to be making a come back today.
 
Posted by R1 Man on :
 
I never did sell SIRI....decided to sit on it. My son had me too distracted to do anything. So off to work.

Good luck all!!

My sell on SIRI is left in at $0.56. FYI.
 
Posted by R1 Man on :
 
Grabbing 1650 shares of URRE at $1.04. Now off to work.
 
Posted by Morpheus on :
 
R1..I still hold 400K shares...300 in my IB margin account and 200 K in my IRA account that I had bought and still hold at a price between .12 and .20 ..I did trade off 600K early with most in premarket..while I listened to Tyler Savory on siribuzz cause My margin account was brutal..sold 300K premarket at 53.50 and the other 300K in the first few minutes of trading cause is was dropping and margin was hurting..I got out at 50 and then the next minute got back 100K shares at .4685..then as it climbed in the next hour got my last 100K..long story short..I too see a 50% gain from here very shortly due to the companys foward guidence being favorable and the customer shrinkage reversing..soooo i remain long on SIRI at this point and now have additional funds for other trades..I hold FAZ and DRV long and FUQI AIG short all bought in the firsthour of trading today..that is my current positions and I think they are good for now and if so will add to them if they keep moving favorable
 
Posted by Morpheus on :
 
opps..i fat finger the number..i only now hold 200 shares in my IB marging account..bottom line..Im holding.. so Im bullish on SIRI..IF IT DROPS ..Im not forced to sell and will buy more each .04 cents..My trading team and I are very very very suprised and disapointed at the earnings report not being a blow out subscriber number we expected..bummer..looking at charts..looks like F and BAC are very top heavy too..might be a upcoming play for shorting ...hmmmmm
 
Posted by Morpheus on :
 
this is good....good read and looks to me like no pull back commin
JP Morgan Bullish On Sirius XM - Cost Cutting Is Paying Off In Spades

http://siriusbuzz.com/
 
Posted by jgrecoconstr on :
 
I looked at a 6 year chart for F the other night and I think it was 4 straight maybe three straight years they had resistance around 9- 9.50 don't think it ever hit 10. I know this isn't the same economy but if they couldn't break the ceiling then I wouldn't think they could at the moment. I don't know much about shorting but to me that would seem like a good indicator for it.
 
Posted by R1 Man on :
 
Here is my watch list today.

ARIA
LEAP
CKSW
NGLS
CROX...been debating for weeks in grabbing it. [Frown]
YRCW
KNOT
SQNM
 
Posted by oldseven on :
 
I was watching LEAP. Yesterday they reported 30% increase in service revenues over last years quarter, yet down over 20% this morning.
 
Posted by R1 Man on :
 
I got filled yesterday after I left for work on URRE. Have 1,650 shares at $1.04. Up a little already but planning on holding it for a while....so I say.

I really do want to drop SIRI....I have 2 much money tied up there and missing all these good plays. Might keep 5,000 shares if I do dump it. This isn't good....below $0.50 now. [Wall Bang]
 
Posted by R1 Man on :
 
Well...no trading here for me. Not going to take a BIG loss on SIRI yet. Have a Birthday Party to get ready for. My son turns 3 Saturday. [Smile]

Good luck all.
 
Posted by rajthebam on :
 
what do you guys think abt this: buy CIT 1000 shares at 1.65 and write Aug options for 2 dollars and collect 200 in premium....?
 
Posted by TraderJones on :
 
I wish I had an opinion raj, I don't quite understand options. Did you sell SIRI? I sold way too early, although I still made $1000. I bought and sold CIT yesterday and made a small gain $215. CROX looks good today, if they would take a good dip. I may have missed the good dip already. we will see.
 
Posted by rajthebam on :
 
ya sold SIRI for 250 gain - not complaining...i bough AIG at 22.80 yesterday, flipped it today for 25....CROX has peaked in my opinion unless it dips significantly there is too much movement for my liking....

off topic i did get free ride notice in my scottrade account, should i be concerned?
 
Posted by TraderJones on :
 
what's a free ride notice???...are they warning you about daytrading??
 
Posted by R1 Man on :
 
quote:
Originally posted by rajthebam:
what do you guys think abt this: buy CIT 1000 shares at 1.65 and write Aug options for 2 dollars and collect 200 in premium....?

Your on the wrong thread for this thinking. I don't think any of us knows anything about Options.
 
Posted by TraderJones on :
 
Hey R1 I thought you left. I know a guy that has explained options to me, but I had a stupid look on my face most of the time. Although he has said he has never lost on them.
 
Posted by TraderJones on :
 
Hey R1, do you think AIG looks stable enough to grab them on a dip?? They've been all over the place the past few days.
 
Posted by glenngsxr on :
 
quote:
Originally posted by TraderJones:
what's a free ride notice???...are they warning you about daytrading??

Kind of. When you sell a stock, it is technically supposed to have 3 days for the money to "settle" or officially trade hands. If you do more than 3 free ride type trades in a week I think, then you get a trading suspension. can't remember how many days the suspension is. I do free ride trades all the time, just don't do more than three in a week.
 
Posted by sju1973 on :
 
OPXA up 380% on buyout news. This is a stem cell tech company I have been watching for a while. Unfortunately, I was not in on it. I just noticed this when i was reviewing my lists today.
 
Posted by sju1973 on :
 
Sold SIRI today at .50. 27% gain or so. I was in since .39 so I guess i can't complain, but I was hoping to sell at .55 or higher. Oh well. Time to move on and restrategize for next week.
 
Posted by TraderJones on :
 
SJU-you made money, like you said can't complain. On to the next! Still looking for something today for myself. The market is up but flat right now. Don't see much for volitility yet. Hoping for a big dip on a few things. The volitility in the morning is where it's at.
 
Posted by TraderJones on :
 
Anyone see anything worth getting in and out of today??
 
Posted by Morpheus on :
 
TJ...if you are looking for a DOW rebound...go long FAZ DRV and VXX are good choices..i added to my long positions right here with dow up 145.good luck to me
 
Posted by Morpheus on :
 
i should say DOW pullback..whatever you know what i mean
 
Posted by TraderJones on :
 
I know what you mean. I was just looking at FAZ, wondering if this high point IS going to "rebound" at the end of the day? Or Monday maybe?
 
Posted by TraderJones on :
 
BAC and others seem awfully high!
 
Posted by TraderJones on :
 
In on FAZ at $24.14.
 
Posted by TraderJones on :
 
SOLD FAZ!!! Made $425!!!WOOOOO HOOOOOO!!! Good weekend for me!! Thanks for the advice MORPH!! I'm outa here till Monday. Have a good weekend all!
 
Posted by Morpheus on :
 
enjoy..glad it worked out for you..I continue to hold DRV and FAZ..I did add 30% to the positions near the low of day..and SIRI...blah for now..I added 20K more shares at the close .487..take care
 
Posted by rajthebam on :
 
TJ - how many shares u bought of FAZ?
 
Posted by TraderJones on :
 
FRE, FNM way up today!
 
Posted by R1 Man on :
 
I saw a few great stocks today that are hot.

INO
FRE

I can't remember the others....but Dora is on so can't watch MSNBC to find them again.

Still holding SIRI.... [Wall Bang]

I could drop it anytime....looking for the MAKE UP play and its gone.
 
Posted by TraderJones on :
 
FRE looked great but I hesitated and missed it...watching for another really good dip now.
 
Posted by TraderJones on :
 
bought FRE at 1.22 sold at 1.27 made $430!!! WOOO HOOOOO!!!
 
Posted by TraderJones on :
 
FRE---It could go higher, but I hate it when greed is staring at me waiting to punch me in the face. That was easy money first thing in the morning. Gotta love it!
 
Posted by sju1973 on :
 
On the sidelines here. Just watching and waiting for the right move this week.
 
Posted by R1 Man on :
 
quote:
Originally posted by TraderJones:
bought FRE at 1.22 sold at 1.27 made $430!!! WOOO HOOOOO!!!

Congrats!!! I had to run out with my son. So no trading here. Still sitting on my stock.

FRE....I think you can pinch $1.34 out of it....so keep that in mind. I know its at $1.29 now but I think you can get back in at $1.25-1.26. Easy money here. Now the questionable part is this....FRE/FNM are 99% down basically from their highs. These are all possible 10+ baggers. Just a matter of time. Its already 3-5x baggers from lows. So, I think holding 1,000 shares LONG is a great idea. Just a matter of making them FREE SHARES!!!

Anyways....back to Sponge Bob. Good luck all and congrats again!!!
 
Posted by TraderJones on :
 
Thanks R1, Yeah I'm still watching it for another real good dip, we'll see what happens.
 
Posted by glenngsxr on :
 
Do you guys think FNM and FRE will have down days tomorrow that will be good opps to get back in?
 
Posted by R1 Man on :
 
quote:
Originally posted by glenngsxr:
Do you guys think FNM and FRE will have down days tomorrow that will be good opps to get back in?

Maybe but FNM has ISSUES.

FRE has slight losses....but EXTREMELY better then predicted. That is why its JUMPING. FNM is catching a free ride. Only because its the same type of business and investors believe that if FRE can make money then so can FNM....but FNM needs BILLIONS more in loans. So FNM is a HELL NO!!! FRE is playable.

Ok....SIRI is up a lot today....That $0.50 was a huge resistance. Now that it passed that...it can run....but no idea where the next test will be.

Going back to FRE....This thing could double or tripple this week or even more. THINK....AIG!!! But also it could fall off the boat.
 
Posted by TraderJones on :
 
R1...lots to think about. FRE
 
Posted by R1 Man on :
 
MT and other STEEL companies are open to buying. MT is my favorite. $35.84
 
Posted by R1 Man on :
 
quote:
Originally posted by TraderJones:
R1...lots to think about. FRE

It got a rating boost also. Rated Neutral now from Avoid. So....It passed up the $1.34 I called. How about it tests the waters and touches $1.45 and if it passes that....then $1.50 will be the next test. I have no idea....just common sense I guess.

FNM....follow the leader but bleeding heavy. WHY?????

I have soo many stocks right now that I like. Just need to be cash.

I saw one ticker this morning...didn't write it down but it was up like $0.70 and trading at $0.90. That would of been a great one to look at. WHY did it jump....can I short it....Should I flip it....etc. But my fault for not having a pen handy.

Well, good luck all and take care. I will get back to trading later this week.
 
Posted by TraderJones on :
 
FRE...Closed at 1.69 now at 1.90 in after market!!! Danm I shut down way to early today! could be a big bounce tomorow morning. [Good Luck]
 
Posted by R1 Man on :
 
Here is the problem here. FRE is possitive....FNM is negative. They both stayed rather close lately and when they were crashing years ago....FNM was the big sister and FRE was little brother. Well, now Little brother is no longer little. Its big brother....??? My mortgage is insured by FNM. Not FRE. As a matter of fact...I'm 99% positive that Countrywide has 100% of their mortages through FNM.

I think I'm gonna get some guts and drop SIRI for whatever and drop kick FNM and FRE. Anyways, going to be interesting.
 
Posted by R1 Man on :
 
Watch list today:

AVNR....$3.60....up $1.41
ANDS....$3.01....up $0.62
ONTY....$6.24....up $0.35
HGSI....$16.89...up $2.02
MTXX....$5.01....down $0.81....(bounce play???)
JAV.....$1.58....down $0.46
NVAX....my pick a few weeks ago....up big from post and up again today. $5.26....up $0.33
CIT....BIG DROP TODAY. $1.16....down $0.36.

FRE/FNM/INO/IVAN

I think this is a good start. I haven't done any DD on any of these.....so feel free to someone.

Good luck to us all. SIRI is up slightly more today...so won't be that big of a loss if I drop it. Will have to see how the day plays out. Have things going on at my house today.
 
Posted by R1 Man on :
 
quote:
Originally posted by R1 Man:
Watch list today:

AVNR....$3.60....up $1.41
ANDS....$3.01....up $0.62
ONTY....$6.24....up $0.35
HGSI....$16.89...up $2.02
MTXX....$5.01....down $0.81....(bounce play???)
JAV.....$1.58....down $0.46
NVAX....my pick a few weeks ago....up big from post and up again today. $5.26....up $0.33
CIT....BIG DROP TODAY. $1.16....down $0.36.

FRE/FNM/INO/IVAN

AVNR....Phase 3 trial possitive
ANDS....Possitive results for hepatitis C
CIT....might file for bankrupcy now. Lack of financing
FRE/FNM up again
 
Posted by R1 Man on :
 
FNM....missed it at $1.06....wanted to see how LOW WILL IT GO before submitting order. Buying around 14-15k shares. If I get filled....I think I can hold it and sell it at $1.25 or higher. As high as $1.40s.

Dang...that miss is a $2,175 miss. [Frown]
 
Posted by TraderJones on :
 
I missed it too [Frown]
 
Posted by TraderJones on :
 
could go down to 1.15...maybe
 
Posted by R1 Man on :
 
quote:
Originally posted by TraderJones:
could go down to 1.15...maybe

It did.....I had changed my order to $1.15 and when it hit $1.16....I changed it down to $1.13 and saw I had a partial fill...then the partial fill dissapeared like it never even happened. ??? Ohhh well.
 
Posted by TraderJones on :
 
I think it will still drop again. There's another opportunity I think.
 
Posted by rajthebam on :
 
whats up fellas? sorry was out yesterday in meetings all day - whats it look like today?

how was yesterday TJ, R1?
 
Posted by TraderJones on :
 
I made $430 on FRE! Coulda made more but it was nice to make it in the first hour.
 
Posted by TraderJones on :
 
R1-FNM looks like a very sideways trend, they're gonna come down at some point. Might catch a good low.
 
Posted by rajthebam on :
 
nice brother.....anything else look good today?
 
Posted by rajthebam on :
 
1.18 for FNM - are you looking for 1.15?
 
Posted by TraderJones on :
 
R1...This is looking kind scary to get back in. Droping really fast now!
 
Posted by R1 Man on :
 
Grabbed 13,000 shares of FNM at $1.17. [Confused] $1.13 now.

I am judging FNM by what FRE does. So selling later around $1.25 or higher.
 
Posted by R1 Man on :
 
Its going to come back up to $1.25. I'm pretty confident in that.
 
Posted by TraderJones on :
 
I canceled my order at 1.16, looks kind of week so does FRE. Be carefull.
 
Posted by R1 Man on :
 
[Wall Bang] [BadOne] [Wall Bang] [BadOne] [Wall Bang]
 
Posted by oldseven on :
 
Are new ones worth getting into??

CPIX Cumberland Pharmaceuticals; IPO this morning.

http://seekingalpha.com/article/155279-cumberland-pharmaceuticals-prices-ipo-aft er-a-two-year-wait
 
Posted by R1 Man on :
 
URRE.....SOLD!!! $182 profit. Made 10%
 
Posted by TraderJones on :
 
WOO HOO!!! 10% ROCKS! I think FNM still has potential to come up to 1.19 or so, looks like they're turning the corner, looks like the market is what's draging it down.
 
Posted by R1 Man on :
 
Buying 2,100 shares more of FNM at $1.06. Gonna average down slightly.
 
Posted by R1 Man on :
 
Its gonna hit the $1.20s....watch!! And I will make out nice. Not what I expected but it will be nice.

I had thought that it would jump a buck today. Guess its still possible but unlikely.
 
Posted by TraderJones on :
 
R1...If your right, I'll be calling you "THE MAN"!!! Looks too scary to me. I'd would have wet my pants an hour ago.
 
Posted by TraderJones on :
 
RAJ? Still here? Into anything?
 
Posted by glenngsxr on :
 
just jumped 1800 shares into FRE at $1.48. Hopefully, a nice gradual trend up.
 
Posted by R1 Man on :
 
Filled at $1.06. Now a little luck and $$$ will be here. [Smile]
 
Posted by TraderJones on :
 
I'm in at 1.07, here we go!!
 
Posted by R1 Man on :
 
Pockets getting filled with lots of $$$$ here we come. I'm gonna keep 1,000 shares for safe keeping. $1.25 sell target.
 
Posted by TraderJones on :
 
LET'S ROCK BROTHER!!
 
Posted by R1 Man on :
 
FRE is moving back up so we're safe. $1.25 should hit. But we might see a BIG PUSH at the mid afternoon and it could hit $1.50....???? I think FRE will close around $1.90-2.00 today. FNM....$1.35 close. But we will see. This is vacation money right now.
 
Posted by rajthebam on :
 
my ticket for 1.12 got filled this morning...man what a ride it went down to 1.06 and now back up....debating here?
 
Posted by glenngsxr on :
 
whew! Did I get back into FRE at the right time. Up a few hundred $$ so far. I think I might hold some shares for awhile and start exiting around $2.
 
Posted by sju1973 on :
 
FNM moving up. I put a limit order in for 2500 at 1.10. I think it will hit at least 1.20 as well R1. I don't know if it will even dip enough again for order to fill. We will see.
 
Posted by TraderJones on :
 
I hope your right. I had $650 staring at me. I don't want to get greedy here.
 
Posted by rajthebam on :
 
i got out at 1.13 making only 6 bucks after commissions....i know thats nothing but hey i wanted to avoid the margin call
 
Posted by glenngsxr on :
 
might be a good day to get back into DXO as well. What do you guys think? Another weeklong downtrend in the market or just a couple of days of correction?
 
Posted by R1 Man on :
 
quote:
Originally posted by rajthebam:
i got out at 1.13 making only 6 bucks after commissions....i know thats nothing but hey i wanted to avoid the margin call

You make no sense. You just bought it like 15 minutes ago....then sell it because of a margin call. LOL!!! That is funny man....you wasted a round trip for 6 bucks. [BadOne]

Yeah....its gonna hit. $1.62 now for FRE....What ever FRE does will dictate what FNM will do. Remember that. Its about playing catch up right now.

I'm not even sure if we had this many shares get traded on this stock before. I'm sure we did but 414 Million....wow.
 
Posted by R1 Man on :
 
quote:
Originally posted by glenngsxr:
might be a good day to get back into DXO as well. What do you guys think? Another weeklong downtrend in the market or just a couple of days of correction?

Undecided....but leaning towards NO for short term. Yes for LONG term.

FNM....$1.14...down $222 now. Will be Up soon. Still need to make my new account for my profit shares. I keep selling them after I get them. Same with my WILD CARD picks....but 9-24% gains....how can I resist....????
 
Posted by TraderJones on :
 
R1...Still looking at $1.20 or so here on FNM??
 
Posted by sju1973 on :
 
I canceled my limit order on FNM for 1.10 because it looks to me like it's starting to move a bit sideways and it's getting late.
 
Posted by sju1973 on :
 
What do you all think of SSP for a Wednesday morning bounce??
 
Posted by R1 Man on :
 
quote:
Originally posted by sju1973:
What do you all think of SSP for a Wednesday morning bounce??

Stay away. No good. Stock has just moved to $8 range from $2.00. If anything....SHORT would be safer.
 
Posted by sju1973 on :
 
Yeah. I agree. It does look scary. I feel it will head south as well. However, I find that much of the time a stock like this will see a .20 to .30 or more bounce before it heads further south. i was thinking maybe a quick flipper, but not sure. It is risky.
 
Posted by TraderJones on :
 
Well R1, where's this thing going?? Still confident? I'm still hanging in there, but watching FRE not doing much, yet still hopeful for a big surge at the end of the day.
 
Posted by R1 Man on :
 
Just got back inside. Been working on a car. Well, I'm down over a grand....but not too worried. We will make some $$$ Wednesday.
 
Posted by TraderJones on :
 
Well I'm glad your not worried. Holding 'till tomorow. [Smile]
 
Posted by AJGrano on :
 
just throwing it out there but YRCW has been having a crazy few days....up 20%+ then down 15%+ etc etc...just something I've noticed..
 
Posted by TraderJones on :
 
Are ya here yet R1? FNM doesn't look too promising yet. Might top out at $1.15. What do you think?
 
Posted by R1 Man on :
 
Well, it did hit $1.15 in pre-market. So we should be able to break even. I like that the bid is $1.10 on FNM and $1.56 with FRE. FNM is slightly higher then close and FRE is same as close. So with that in mind....we will hopefully be ok.

JAZZ is hot today.

MT is getting cheap. $34.70
 
Posted by R1 Man on :
 
I changed my sell to $1.20. I have to run out somewhere pretty soon. So will be gone for about 2 hours. X-ing fingers.
 
Posted by R1 Man on :
 
$1.13 [Smile]

Make that $1.14 [Smile] [Smile]

Nope....make that $1.15 [Smile] [Smile] [Smile]
 
Posted by sju1973 on :
 
HLCS looks good today too.
 
Posted by R1 Man on :
 
I changed my sell back to $1.25. I like that FRE is up today. So betting I will hit.
 
Posted by TraderJones on :
 
I sold!! A little too early but I made about $550! Sold at 1.14 FNM
 
Posted by TraderJones on :
 
Good luck R1!! I'll be here!
 
Posted by sju1973 on :
 
SSP up to 6.22. I called this one. I had the chance to get in this at 5.60 yesterday. I knew this would pop. Damn. Oh well.
 
Posted by rajthebam on :
 
R1 can you elaborate on JAZZ?

TJ nice move dude...what else r u watching?
 
Posted by glenngsxr on :
 
I think people are waiting to hear the feds decision regarding interest rates. When they come out and "officially" say it today we will see a little pop in FRE and FNM. IMO.
 
Posted by TraderJones on :
 
Glenn--Good to know! I'll be watching. When exactly does the news come out?? RAJ...I was watching JAZZ but they took such a dive I wasn't sure if they were going to recover, although now looks like they are...missed it Damn!
 
Posted by TraderJones on :
 
Looks lots of speculative buying on FRE and FNM now!
 
Posted by glenngsxr on :
 
quote:
Originally posted by TraderJones:
Glenn--Good to know! I'll be watching. When exactly does the news come out?? RAJ...I was watching JAZZ but they took such a dive I wasn't sure if they were going to recover, although now looks like they are...missed it Damn!

They generally try to do it after the market closes as to not affect that days trading. They will likely be leaving rates alone so I would say to get in today for a pop tomorrow.
 
Posted by TraderJones on :
 
Thanks Glenn!!
 
Posted by rajthebam on :
 
I missed the boat also on JAZZ - hoping for an afternoon dip around 7.15 or so to get in...r u getting in also at 7.15?
 
Posted by R1 Man on :
 
JAZZ....Its a day trader....nothing more. When I post picks in the morning...its because they caught my eye for some reason. They are for trades for that day only usually. Now I will state when its a stock to own LONG. MT is a LONG position. Like earlier today I posted it again and it was at $34.70....now its at $35.30....up $0.60. This company is good for $30 bucks....not another 60 cents. Just a matter of "Do you have patience????"

Getting back to a different note. Stocks that are WILD PICKS.

FRE/FNM/BBI/ETFC/SIRI/ABK/CIT/CORS/BPOP and many more. Just some stocks I wouldn't mind owning 1,000 shares and PARKING my butt on them for a year or more. But I always buy them and see 9-24% and sell. LOL!!!

Anyways....Feds decision comes out at 2pm. I say rates stay the same.

Market is up good today....shocked.
 
Posted by TraderJones on :
 
RAJ---Like R1 said JAZZ is a day trader, They could be easily be down tommorow. I doubt I will get in unless I see a huge dip, and then catch a quick bounce. Volume and momentum is slowing down. Could be anywhere tomorow.
 
Posted by rajthebam on :
 
what indicators u looking at? where?

i have scottrade but let me know where u looking
 
Posted by R1 Man on :
 
LVLT is a WILD CARD as well.

So....HIG is back up a TON from its lows. I used to own a ton of that company. Made money on it but wow.

CELL is up big today. Might be something to look at. RAJ....I did not do any DD so don't jump in and buy.....geez!!!!

RAJ....ALWAYS ALWAYS ALWAYS do your own DD!!! If I do mine, I will post an entry and exit. Remember that!!! No entry and no exit post....means here is a brownie.....but is the brownie old, moldy, been dropped in the dirt, raw, cooked, or nice, warm, fresh??? Its up to you all to decide. All I pass out is brownies.

HURN dropped today. Hmmmm....????

RAJ....I'm giving you DAILY HOMEWORK that I want you to do daily. Go to a site....yahoo.finance/marketwatch/your broker site/msn.money/etc. Your homework is this:

Do a screener everyday with these dynamics:
Price between $1.00 - 30.00
Volume between 100,000 - 500,000,000
Down 10% or more today/Also new screener....52 week low.

Post your results on here and mark which ones you like. Ok....easy enough.
 
Posted by TraderJones on :
 
RAJ...I have Ameritrade that has a Strategy Desk that you can put up any stock and watch exactly where they are topping out and where they are bottoming out. It's really helpful, especially helpful in the morning when stocks are most volatile. You can see where they are peeking and then taking a dip. I also watch the last sale chart to see where the majority of the buying and selling are going. Those are a few of the things I watch. For me, the best time to catch any stock (most of the time) is first thing in the morning. That's when the best volatility is there. There is plenty of other ways to trade, and trust me, I don't know it all. These are just some of the things I do. A year from now It will probably be a different story.
 
Posted by TraderJones on :
 
I'm outta here for a while. Good luck everyone!
 
Posted by R1 Man on :
 
AMFI....short play possibility. $1.55. Up 17% today.
 
Posted by rajthebam on :
 
i was trying to use google stock screener - did volume between 100,000 - 500,000,000 and price between 1 and 30 but here is where i stumbled, for Quote change %, i put -10% as min and -20% as max and nothing comes up in results...am i missing something here?
 
Posted by R1 Man on :
 
Nope. Your not missing anything. Sounds like you did it right.

I looked briefly and this is what I came up with. (I didn't do the full screener)

JASO....$4.56. Down 13.14%
OPXA....$1.61. Down 13.44%
SYMM....$5.28. Down 13.01%

What we do is...look at your results daily and pick out any that we think will have a bounce. No comment on the 3 I found. I will let you all decide.

Doing this method will help you get better about finding stocks. Figuring out patterns. Finding different ways to play stocks.

Still holding FNM.... [BadOne]
 
Posted by glenngsxr on :
 
rates stay the same. Market looks like they do not know what to do. Down at this point, but I think it will crawl back up and finish up about 125 points or so on the DOW.
 
Posted by R1 Man on :
 
Company name Symbol Last price Quote change (%) Volume
AVANIR Pharmaceuticals AVNR 2.49 -12.32 8.23M
Cascade Bancorp CACB 1.56 -13.81 361,673.00
Clearwire Corporation CLWR 7.05 -16.37 4.26M
Hi-Shear Technology Corporation HSR 11.82 -10.79 140,507.00
Huron Consulting Group HURN 11.86 -11.43 3.88M
JA Solar Holdings Co., Ltd. (ADR) JASO 4.55 -13.33 16.82M
Opexa Therapeutics Inc. OPXA 1.60 -13.98 965,037.00
Symmetricom, Inc. SYMM 5.27 -13.18 483,704.00
Triad Guaranty Inc. TGIC 1.01 -10.62 140,098.00
YRC Worldwide Inc. YRCW 2.05 -10.87 6.87M

Here is the link....google stock screener like you used.

http://www.google.com/finance/stockscreener#c0=QuoteLast&min0=1&max0=30&c1=Quote PercChange&max1=-10&c2=Volume&min2=100000®ion=us§or=AllSectors&sort=&sort Order=
 
Posted by rajthebam on :
 
thx r1
 
Posted by R1 Man on :
 
Yeah Raj....do this and post the results. You don't have to do it everyday but it will help you find stocks. Who knows....you might find one that we missed and make us all a TON of $$$$!!!!

Anyways....FNM closed at $1.05 was the last trade I saw....then it said $1.16 close....then a 45 minutes later it changed to $1.03 close. ???? Kicking myself for holding out. Hope it will come back up.

I will be gone all next week. So will not hold anything big. Maybe buy STEEL and sit on it or whatever.

Financials are looking tempting right now. Paulson bought a bunch of BAC and COF (Think that is the ticker for Capital One). So those stocks might run a while. BAC does have potential to be a 3 bagger from its current price. COF has potential to jump 75% from current price.

C/RF/FITB/HBAN all have potential to be $20-40 stocks. They are all under $10 bucks...well I think FITB still is....but borderline.

Anyways....just CRAP to think about. Financials is the reason I lost a lot of money. Not sure if I'm brave enough to get back in.

So holdings for me.

15,100 FNM at $1.155
5,000 SIRI at $0.5548
1,400 VG

Not sure on any others...I think there is another. But too lazy to look. I sold URRE/CIT/BBI so not them.....????

Anyways....back to the attack Thursday. Going to knock down some walls and rob some pockets. Good luck to us all.
 
Posted by R1 Man on :
 
Here is todays list of attention.

ANO
ONNN
BPAX
EGO
ANX
CLWR
BPOP
JASO
UTA
CEGE
ANPI
 
Posted by R1 Man on :
 
ANO....$0.88.....up $0.07
ONNN...$8.04.....up $0.29
BPAX...$2.45.....up $0.67
EGO....$10.87....up $0.46
ANX....$0.20.....up $0.05
CLWR...$7.23.....up $0.30 Lost 10%+ yesterday
BPOP...$1.37.....up $0.07
JASO...$4.58.....up $0.11 Lost 10%+ yesterday
UTA....$16.20....up $1.28
CEGE...$0.35.....up $0.09
ANPI...$1.92.....up $0.18 This one was at $2.31 this morning.

Raj....see how I was saying that if you do the screener. We can find stocks that will bounce. JASO/CLWR were on the list I did. YRCW is also on my list and its at $2.15...up $0.10 or 4.9%

FNM is opening up. [Smile] Hit $1.13 premarket.
FRE is opening up. Hit $1.50 premarket.
 
Posted by TraderJones on :
 
CIT is way up might be a bounce there, although sometimes they hardly move, it's hard to see what they're going to do.
 
Posted by oldseven on :
 
FNM Bid 1.08 ask 1.07??
 
Posted by TraderJones on :
 
Yeah I see that OLD, might be a sign they are going up, might change quickly though
 
Posted by TraderJones on :
 
everything is going down including CIT, not sure if I would get in, they might sit there in the mid 1.30's all day and then drop again.
 
Posted by rajthebam on :
 
TJ Agree....CIT is too speculative at this point....

R1...screener def helps....if i got this right...if i run a screener today of all stocks between 1-30 price, vol betn 100000-500000000 and % down 10% or more....i should look for bounce on those stocks tomorrow morning correct? is that the rationale?
 
Posted by TraderJones on :
 
Raj...I'm not sure about CIT actually. I think they're proving me wrong. They're showing a really good up trend. I was originally thinking it might be good to catch them at about$1.36 and catch a little bounce, but now they are just plain going. DAMN.
 
Posted by TraderJones on :
 
Might be another bounce here somewhere though on CIT.
 
Posted by rajthebam on :
 
did u get in?
 
Posted by TraderJones on :
 
I'm not in.
 
Posted by R1 Man on :
 
quote:
Originally posted by oldseven:
FNM Bid 1.08 ask 1.07??

Simple explaination.

Remember when I said Morpheus could control the stock price if he wanted to. Well, all that has to be done is submit an order so big as a AON = All or None. What happens is this: Someone has to actually have the # of shares your bid is for. They can have more but the BID or ASK has to be meet the requirement of the AON bid/ask. So if I say I want to sell 1 million shares of FNM at 10 cents. If noone will buy that many shares at that price all at once, then the ASK will stay lower then the bid.

I changed the ASK to $1.16. Just want out now.
 
Posted by TraderJones on :
 
UAUA climbing big right now, might be a bounce later.
 
Posted by rajthebam on :
 
UAUA is interesting on TJ. what price bounce u r looking for there?
 
Posted by R1 Man on :
 
quote:
Originally posted by rajthebam:
UAUA is interesting on TJ. what price bounce u r looking for there?

DON'T EVEN THINK ABOUT IT!!!!
 
Posted by TraderJones on :
 
What I ment to say is: there MIGHT be a bounce there...but probably headed into a down trend for quite a while. And the bounce would be small and you would have to be really quick to catch it.....GEEZZEEE I hate it when the teacher (R1) yells at us.
 
Posted by rajthebam on :
 
ha ha
 
Posted by TraderJones on :
 
[Smile]
 
Posted by oldseven on :
 
quote:
Originally posted by R1 Man:
quote:
Originally posted by oldseven:
FNM Bid 1.08 ask 1.07??

Simple explaination.

Remember when I said Morpheus could control the stock price if he wanted to. Well, all that has to be done is submit an order so big as a AON = All or None. What happens is this: Someone has to actually have the # of shares your bid is for. They can have more but the BID or ASK has to be meet the requirement of the AON bid/ask. So if I say I want to sell 1 million shares of FNM at 10 cents. If noone will buy that many shares at that price all at once, then the ASK will stay lower then the bid.

I changed the ASK to $1.16. Just want out now.

THANK You, I understand. WOW, I learn alot every day!
 
Posted by TraderJones on :
 
Hey R1, did you get out of SIRI??? going up big right now!!!
 
Posted by TraderJones on :
 
S&p just raised their rating...SIRI!!!
 
Posted by sju1973 on :
 
SIRI is on the move again.
 
Posted by R1 Man on :
 
quote:
Originally posted by TraderJones:
What I ment to say is: there MIGHT be a bounce there...but probably headed into a down trend for quite a while. And the bounce would be small and you would have to be really quick to catch it.....GEEZZEEE I hate it when the teacher (R1) yells at us.

Yeah....someone has to try and look out for you amatures. RAJ should never go into the police force. He is way to TRIGGER HAPPY!!! So had to make sure he didn't do anything stupid. However....the VHC trade worked out for him....ALL LUCK!!! ERAGON: "One part Brave, 9 parts LUCK!!"

Anyways....SIRI is up today. Wish FNM would move up. Sucks when your on the wrong side of the fence. I have 1 day left then I'm out for a week.

RAJ....you can do this....RIGHT NOW. Buy MT at $35.40. Sell at $36 TODAY!! Or you can sit on it.
 
Posted by R1 Man on :
 
quote:
Originally posted by TraderJones:
Hey R1, did you get out of SIRI??? going up big right now!!!

Have 5,000 shares for KEEPS...unless that carrot looks big enough for me or if I get super hungry.
 
Posted by sju1973 on :
 
Put an order in for SIRI at .525 Roll the dice as they say.
 
Posted by TraderJones on :
 
RAJ---your a good guy, but like R1 said, your a little trigger happy. I don't think I'd go hunting with you in fear that I would come back tied to the fender of your car. Hang loose there's always a much better opportunity! [Smile] [Smile]
 
Posted by R1 Man on :
 
Anyone grab MT like I suggested???? Up $0.32 already.
 
Posted by glenngsxr on :
 
siri is going to have to get back under .50 for me to get more shares. Even with the rating increase, I don't think this .54 is sustainable. Makes for a good flip, but I think tomorrow we will see .51 on SIRI.
 
Posted by TraderJones on :
 
R1-- sorry I missed it . I missed your original post. paying attention to other things.
 
Posted by sju1973 on :
 
canceled my order on SIRI. I was hoping to catch it at .525, but I missed it.
 
Posted by rajthebam on :
 
man...went out for lunch and missed the boat on MT - 35.70 already....i know i m jumpy at times but all this money making opps make me greedy at times....
 
Posted by R1 Man on :
 
quote:
Originally posted by rajthebam:
man...went out for lunch and missed the boat on MT - 35.70 already....i know i m jumpy at times but all this money making opps make me greedy at times....

Well, your lunch cost you 1.7% gain.
 
Posted by R1 Man on :
 
KOG....I saw this in the morning. When it was up 2 cents at $1.04. DANG!!! What a miss...$1.28.
 
Posted by rajthebam on :
 
what do u guys think abt EDZ?
 
Posted by R1 Man on :
 
quote:
Originally posted by rajthebam:
what do u guys think abt EDZ?

I think its time for you to start making Dinner. We will look later. So off to get cleaned up. Guess its time to do things. LOL.

Hey....do your homework!!

This is what you do after you do your homework...I started it earlier today before the opening bell and gave up. But here you go.

quote:
Originally posted by R1 Man:

Company Last price (%)
AVNR 2.49 -12.32
CACB 1.56 -13.81
CLWR 7.05 -16.37
HSR 11.82 -10.79
HURN 11.86 -11.43
JASO 4.55 -13.33
OPXA 1.60 -13.98
SYMM 5.27 -13.18
TGIC 1.01 -10.62
YRCW 2.05 -10.87


Company Last price (%)
AVNR 2.52 1.2
CACB 1.55 -0.6
CLWR 7.23 2.5


This was the opening prices or close to it. Just wanted to show how stocks that drop normally will bounce. This is the way I use to trade stocks on here if you go to my OLD thread. You will see that I did this and that is why this thread got HOT!!! Check my stats.

Anyways, good luck all.

Bill
 
Posted by rajthebam on :
 
are these after market hour prices on picks previously listed by you? or the picks fm last night's homework? not sure what time prices u r comparing here?
 
Posted by R1 Man on :
 
They were compared at 9-9:30am Thursday morning before the market opened.

Anyways...MT....$36.56...up $1.15 from when I said to buy it yesterday. It was EASY to see it would take off. X, NUE, AA, AKS were all up pretty good and MT was in the RED. So that is how I decided it was a buy.

Cramer said BUY AA again last night. Saying AUTOs are building more cars again so metal will be in demand. I agree. I see ALL...yes I said ALL STEEL companies doubling in price and some 3-4x.

They are talking about FRE/FNM on MSNBC this morning.

So....what is hot today?
 
Posted by R1 Man on :
 
Trump's daughter isn't bad looking. She seems smart...unlike Paris Hilton.
 
Posted by R1 Man on :
 
CEGE is going to open higher again....WHY????
 
Posted by TraderJones on :
 
another drug company?
 
Posted by TraderJones on :
 
wow SIRI at .56!!
 
Posted by rajthebam on :
 
MT was a good buy for sure...that lunch def cost me some bucks....

TJ r u in on SIRI?
 
Posted by TraderJones on :
 
not in on SIRI...YET
 
Posted by sju1973 on :
 
I know SIRI is killing me. I tried to pick it up yesterday at .525 and missed it by like 1/2 cent or so. Damn, that wouold have been a nice trade.
 
Posted by TraderJones on :
 
I was leaning toward FAZ first thing, thinking it was going to be a down day, but sometimes things can flip a little too easily. Not sure what to think about SIRI.
 
Posted by TraderJones on :
 
THC (HEALTHCARE) might be something to watch
 
Posted by TraderJones on :
 
might watch DUG also..."sluggish demand and high inventory on crude/gas"
 
Posted by sju1973 on :
 
NCS looks like it's going to be a winner. I'm not saying today, but in the long term.
 
Posted by rajthebam on :
 
i was very close to getting in on FAZ last night near 25 level...darn it....missed it big time...
 
Posted by R1 Man on :
 
Hey....GO GRAB MT now. $35.10.....ok....$35.21 now. Good for a buck or more.
 
Posted by R1 Man on :
 
quote:
Originally posted by sju1973:
NCS looks like it's going to be a winner. I'm not saying today, but in the long term.

I think your right!!
 
Posted by sju1973 on :
 
Thanks R1. I came across it during morning scans. I have it in my watch list now. Looks like it's going to be good.
 
Posted by R1 Man on :
 
My father likes your pick also. We are gonna look into it more when we have time. I think it could be a 5 bagger and maybe even a 10-12 bagger.
 
Posted by TraderJones on :
 
In MT at $35.22
 
Posted by sju1973 on :
 
quote:
Originally posted by R1 Man:
My father likes your pick also. We are gonna look into it more when we have time. I think it could be a 5 bagger and maybe even a 10-12 bagger.

I was thinking the same R1. Another one I like longer term is CSA. This is a real-estate investment company that invests in health care related real estate. With Obama-care in the works this should be good.
 
Posted by rajthebam on :
 
in MT at 35.24
 
Posted by sju1973 on :
 
In CEMJQ 5500 shares at .49 out at .55. Risky trade, BK stock. Made $320 after commissions. Finally made a pinch this week.
 
Posted by TraderJones on :
 
wow sju nice squeeze!
 
Posted by R1 Man on :
 
quote:
Originally posted by sju1973:
quote:
Originally posted by R1 Man:
My father likes your pick also. We are gonna look into it more when we have time. I think it could be a 5 bagger and maybe even a 10-12 bagger.

I was thinking the same R1. Another one I like longer term is CSA. This is a real-estate investment company that invests in health care related real estate. With Obama-care in the works this should be good.
Your doing great finding these. I am not comfortable with this one. I know....like your other pick but not this CSA one. Well, I haven't really done DD on either but this CSA is losing money. I know that can turn around but the other pick you had has a LONG standing chart. This one has only been around a few years. So with that in mind. Not interested.

MT....CONGRATS you to. I have my father sitting patiently at $35.10 for 1,000 shares. He isn't filled yet unless he changed his order. He initially was gonna grab it at $35.20. I smack his hand and said wait for that free dime. Its $100 bucks to him.

Kicking myself and holding my breath. Not sure if I should hold or bail on FNM. I will be gone for a week but hold or sell. I'm thinking hold and see what happens. I'm up quite a bit the past month so not going to be too upset. When I come back, I will have to sell something and cash out a little pinch.
 
Posted by R1 Man on :
 
GRH....look at it. Just saw it.
 
Posted by R1 Man on :
 
You can grab URRE also if anyone wants. I think its pretty safe. $1.03
 
Posted by R1 Man on :
 
Holding FNM....LOL!! [Confused] I'm going to make a few different orders for selling it. How about 10,000 shares at $1.25. 4,100 shares at $1.45. Keep 1,000 shares. I have no idea what it may do....but lets see.
 
Posted by TraderJones on :
 
HAHAHA.....WELL GOOD LUCK R1! WHO KNOWS WHAT WILL HAPPEN. I'M OUTTA HERE TILL MONDAY. LATER ALL!!
 
Posted by sju1973 on :
 
GRH, that would have been nice! I'm out as well. Everyone have a great weekend! Time for a cold one!
 
Posted by R1 Man on :
 
quote:
Originally posted by sju1973:
GRH, that would have been nice! I'm out as well. Everyone have a great weekend! Time for a cold one!

Leaving now. Its going to be time for a cold one all day, all night for me. Like Alan Jackson and that other guy's song....its 5 O-clock somewhere!!!

Hey....quick prediction for next week.

Market goes up and hits 9,600.

MT....hold it and sell at $37 or higher. It will hit this week. We're all GREEDY this week!!!

Ps....don't go chasing SIRI or any other stocks. And don't forget....I will drink plenty for you all!!!
 
Posted by TraderJones on :
 
Hey all, anyone here today?? Freaky drop in the market today! ANYTHING look good?? I can't find much yet.
 
Posted by rajthebam on :
 
not much here much looking at ADY - 2nd qtr profit up 59%
 
Posted by TraderJones on :
 
Hey Raj..I sold MT on Friday, barely made 80 bucks, but anymore I hate holding stocks overnight or more, just because the next day always seems unpredictable....as you can see! It will probably still rebound though, just not today.
 
Posted by TraderJones on :
 
CIT going way up right now! Might be a bounce there somewhere.
 
Posted by sju1973 on :
 
YRCW - 1.70 down another 15% today. If this gets down to 1.50 or so it will be tempting to flip this one. Risky though given the state of the company.
 
Posted by Madpammy on :
 
FRE hit pretty hard in last week or so. Anyone think it might be good for a long term play? By long term I am thinking a month or so.
 
Posted by TraderJones on :
 
Mad...For me I think the market right now is unpredictable. Overall I think it's hit it's high and is headead for a down trend for a while. I'm guessing FRE will stay above $1.25, but in a month, I couldn't guess where it's going to be....but that's just me, I don't like holding for any length of time, unless it's much more obvious.
 
Posted by TraderJones on :
 
Is anything worth getting in and out of today??? Just about everything on my screen is RED, and if its GREEN the volitility is gone. Tryed to buy CIT earlier at $1.46, but missed it by a split second, and then started to chase it, but quickly quit. nothing there right now. UUGGGGG!
 
Posted by sju1973 on :
 
I am probably on the sidelines all day today. i might pick something up at the end of the day if anything looks interesting.
 
Posted by TraderJones on :
 
I'm wondering in FAS would be something good to get into today at a low, assuming there would be some amount of rebound tomorow??? Any opinions would be appreciated!!
 
Posted by rajthebam on :
 
TJ - not sure FAS looks inflated to me..its practically a gamble if u followed your strategy. you're basically betting on up market tomorrow...i m still in MT - looks like i'm kind of stuck for now...
 
Posted by TraderJones on :
 
Raj-Yeah I know it kind of goes against what I've already been saying, it is a gamble. The market could go anywhere tomorow....could still be headed down for all I know. I just get itchy and anxious when I'm not in anything and not making any money, know what I mean? Might be a better day tomorow. Thanks Raj!
 
Posted by rajthebam on :
 
TJ - i know exactly what u mean. hang in there buddy...on a second thought, check out DRYS...it looks ripe for a bounce tommorrow
 
Posted by TraderJones on :
 
I will check it out, thanks Raj!
 
Posted by rajthebam on :
 
whats up guys? looks like its going to be up day.... TJ - FAS would have been nice but u know how it goes...would've could've should've don't really matter....
 
Posted by TraderJones on :
 
Hey Raj...HURN might be a day trader up 36%
 
Posted by TraderJones on :
 
BPOP another possible daytrader, hiting a high right now.
 
Posted by rajthebam on :
 
BPOP already has peaked it looks like...
 
Posted by TraderJones on :
 
AXL!! I totally missed this one, up 100%...watch for tomorow! They're in the news also.
 
Posted by rajthebam on :
 
will do
 
Posted by rajthebam on :
 
gone for today...see u everyone tomorrow
 
Posted by rajthebam on :
 
whats cooking guys? I am still stuck in MT...although wrote call option for this fridays expiration to lower my cost.....anyhoo..TJ if u r around, look at LZB - they turned profitable compared to losing money last year...and nice volume there...let me know your DD on it...
 
Posted by TraderJones on :
 
hey Raj, I'm AXL at $6.64, hoping for about 3-4%. I'll check out LZB.
 
Posted by TraderJones on :
 
[Wall Bang] [Wall Bang] [Wall Bang]
 
Posted by TraderJones on :
 
LZB seems a little slow, If I look at a 6 month chart they are getting to a peak, although they have a little room for improvement, but not much....that's my best guesses anyway.
 
Posted by TraderJones on :
 
SOLD AXL!! at $6.90...made $400 WOOOOHOOOO!!!
 
Posted by TraderJones on :
 
Of course they will probably go through the roof now...BUT I squeezed out a decent percent and made money. I say WOOOO HOOO again!!
 
Posted by glenngsxr on :
 
What's up with SIRI today. I don't see any news or anything. Is it too late to jump on this train or should I wait for a down day?
 
Posted by TraderJones on :
 
WOW anyone watching SIRI.... .625!!
 
Posted by TraderJones on :
 
I say wait Glenn.
 
Posted by TraderJones on :
 
or I could be wrong....
 
Posted by BooDog on :
 
GFG on radar
 
Posted by sju1973 on :
 
GFG is a very interesting story. I have been watching it as well.

A little background for those who have not been following this one. GFG is a bank that is failing badly. The situation is so bad that it may be closing completely as early as next week. However, they are looking for a bidder to buy them out. The deadline was originally this past Tuesday, but was extended through today.

So, in short. This thing can go either way. If GFG gets taken over, this stock can go off like a rocket. If not, well, who knows. It should be fun to watch.
 
Posted by sju1973 on :
 
You did great on AXL earlier today TJ. It's down to 6.60 now. Nice trade.
 
Posted by sju1973 on :
 
As for me, I'm holding CEMJQ since late Monday afternoon at .46. I should of sold yesterday at .56 as planned, but got greedy and chased it. I'm holding to see if I can get .54 - .56.
 
Posted by TraderJones on :
 
Thanks Sju...Yeah that greed will kill ya won't it. It's done it to me a hundred times.
 
Posted by TraderJones on :
 
SIRI UP UP UP....Hit .65 in premarket
 
Posted by TraderJones on :
 
Anything look good for a flip today???
 
Posted by TraderJones on :
 
SIRI EXPLODING!! WOW didn't see that coming! .62 looks like a bargin now. SJU--GFG has been slowly creaping up...kind of interesting.
 
Posted by sju1973 on :
 
SIRI is crazy. Nice. GFG is scary, but will be fun to watch to see how it plays out.
 
Posted by sju1973 on :
 
I don't see much for today. I'm holding CEMJQ until tomorrow to see if I can squeeze .56 out of it. If not I will probably sell tomorrow for whatever I can get and start fresh next week.

HLCS has been trading pretty crazy. I like this one at 1.00 or lower.
 
Posted by TraderJones on :
 
FRE and FNM are going way up today, could be good tomorow also! Same with AIG.
 
Posted by TraderJones on :
 
I'm trying to catch FRE at about 1.48...might be wishfull thinking, we'll see.
 
Posted by TraderJones on :
 
bought FRE at $1.52 SOLD at $1.63 made $$$612!! Wooooo HOOOOO!!!
 
Posted by TraderJones on :
 
I'll bet FRE will be at 1.80 tomorow.
 
Posted by TraderJones on :
 
Adios muchachos 'till tomorrow!! [Were Up] [Were Up] [Were Up] [Were Up]
 
Posted by rajthebam on :
 
nice one TJ - what about sharing a tip dude? just kidding...
 
Posted by Bill2Drunk on :
 
quote:
Originally posted by TraderJones:
I'll bet FRE will be at 1.80 tomorow.

It better be with FNM right behind it.

Camping is great!!

Back to drinking beer.

Good Luck All!!
 
Posted by oldseven on :
 
SIRI up again!! Darn sold to early.
 
Posted by oldseven on :
 
Sold FNM at 1.23!! I am taking R1's advise - take profits and drink BEER. See you all next week.
 
Posted by TraderJones on :
 
SIRI UNBELIEVEABLE!!!
 
Posted by rajthebam on :
 
i'd love to hear morpheus on how he did on his gazilion shares of SIRI - he's probably off to beach drinking with little umbrellas in his drink
 
Posted by TraderJones on :
 
RAJ You here?? (in a New York accent) "I got your TIP right here!" haha.....Looks like MT is looking good for you, might be a day to sell.
 
Posted by TraderJones on :
 
hey RAJ---One thing I've noticed with MT, is that the trade trend follows the DJIA almost exactly. If the market is going up MT is going up...market down MT down. If you can catch the market when it's high today that's where MT will most likely be high.
 
Posted by TraderJones on :
 
OPINIONS WANTED! Does 9500 on the DJIA seem REALLY HIGH??? I feel like all the problems we had this past year didn't just dissapear. And all the government money hand-outs, certainly haven't been paid back! The economy seems much worse to me than what the DJIA is showing, and I feel that it's going to start a BIG down turn, and could head down quite low.
 
Posted by rajthebam on :
 
true dat TJ. i agree with u...i don't think we're past all the bad MBS circle we were in...gov't is deeper in deficit than ever before and i saw msnbc article this mornign about new college grads finding no jobs...students with 2-3 internships during jr/sr yrs and coming out of decent schools can't find 30K/yr salary jobs...now thats unfortunate and says a lot about obama efforts. its more of a headfake in my opinion. companies reporting profits is due to cutting costs/employee base - not related to volume or business expansion. shorts will have their say in very near future.
 
Posted by TraderJones on :
 
GFG taking off !! News there????
 
Posted by TraderJones on :
 
Well RAJ, did you sell MT today? What up my brotha?
 
Posted by sju1973 on :
 
Sold CEMJQ at .53 got in at .46 15% profit $460.00. Clean plate for next week. I'm out. See you all next week. Good luck to all.
 
Posted by TraderJones on :
 
AWESOME SJU!!! Later till monday for me too.
 
Posted by rajthebam on :
 
yup sold it at 36.80
 
Posted by Bill2Drunk on :
 
quote:
Originally posted by rajthebam:
yup sold it at 36.80

How much did you make on it. I haven't tallied up my profits yet. Should have this:

5100 FNM
5,000 SIRI
 
Posted by R1 Man on :
 
Hell, I have no idea how much money I made off FNM. Holding 5,100 shares. Sold 10,000 shares at $1.25 as posted I would do before the camping trip. I think my average was $1.155. So guess that makes $950 profit. Still sitting on 5,100 shares. Up $231 on it.

Still holding SIRI. Down really overall because I sold for a loss but its showing as if I'm $739 ahead. I'd say I'm down still. Overall on SIRI on this account alone. I have lost about $1,400 on SIRI. So the $739 gain makes a $661 down.

So, predicted 9,600 on Friday. Well, 9,506 is close enough. So, called STEEL buy on the wrong day. Guess you could of grabbed it around $32 according to my father....but I only see it around $34. I know he said he made $2.50 a share and bought in on Monday. Maybe it did drop that low. To tired to look.

So....guess I better load up again and go on another trip. Maybe if I drink twice the amount of beer, the profits will double.... [Wink]

Anyways....few thoughts. Michigan has 15% unemployment. Not sure what the stats are for everything. But a pull back....hmmmm???? Maybe.... [Confused]

Well, see you all Monday morning and I'm close to day trading guidelines. Hmmmmm????? [Confused]
 
Posted by rajthebam on :
 
i made 150 on mt - yhx r1
 
Posted by R1 Man on :
 
FNM....$1.34 premarket. [Smile]
 
Posted by R1 Man on :
 
I'm going to be playing stocks slightly more aggressively very soon. Buy/Sell/Buy/Sell....etc.

FNM....$1.40. Might sell and jump back in.

FRE....$1.90. Might play this one too if it drops.

MT.....$37.30.....up again today. I noticed that AA seems like the stock that has room to move up now out of X, NUE, AKS, AA, MT

MSNBC clowns are talking about a 10% drop in the market for a correction. I think its BS. They just want to rape us of more money I think. Now think about this....What happens when the market hits 10,000 next week.....??? Won't that be scary!!! I think when it happens...people will be selling hard. But then it all gets oversold and they buy back in pushing the market to 10,300 by the second week of September.

FNM....$1.42...almost at my sell....maybe I will raise that a bit. $1.55???
 
Posted by R1 Man on :
 
CTIC....$1.78....drug accepted by FDA....interesting. Might be in $2 range this week.
 
Posted by rajthebam on :
 
CTIC does look good....

sold MT too early...dang it
 
Posted by R1 Man on :
 
FNM....$1.52....sell is $1.55....might have to raise it again. LOL!!! I screwed up and didn't grab 9,000 more at $1.38 like I was going to. How about $1.58...Final Answer!!
 
Posted by R1 Man on :
 
$1.62....new final answer!!! HA HA HA!!!

Wait....$1.68....getting GREEDY!!!!

FRE....gonna pull the trigger very soon.
 
Posted by R1 Man on :
 
This is great.....I'm RUNNING LIKE HELL from the BID. LMFAO!!! $1.80 sell now. LOL. So much for Final Answer. This thing has broke out. My son is makinging me sell.
 
Posted by Madpammy on :
 
Sold 3000 fre at 2.05. $1200 profit. woo hoo!!!!!!
 
Posted by Madpammy on :
 
.......maybe too early on fre.
 
Posted by R1 Man on :
 
SOLD 4,100 shares of FNM....holding 1,000 shares now. [Frown] FRE hit again....$2.35....so FNM will hit $1.95-2.05. GEEZ!!!!

Might and will likely grab FNM again later today. Didn't get filled on FRE at $2.03. [Frown]
 
Posted by rajthebam on :
 
R1 is that bounce play on FNM?
 
Posted by R1 Man on :
 
Back in FNM with 9,000 shares at $1.75. Dumping at $1.80-1.85. Maybe even higher.
 
Posted by R1 Man on :
 
Have sell at $1.85....going to make lunch....after that....might change it accordingly if its not sold. Still going to hold 1,000 shares.
 
Posted by R1 Man on :
 
Changed my sell order to $1.77 on FNM. Off to work. Good luck all!!
 
Posted by TraderJones on :
 
OK, all the brainiacs that know way more than I do please help! Because of my inexperience, I got into DUG a while back and it's KILLING ME!! Overall, when I look at my day trades I've done in the past 3-4 weeks, I've been doing fairly well. And If I can free up my money in DUG I'd have more to trade with. More in something more out...you get the picture. If R1 is predicting the market still surging up close to 10,000 next week, I'm gonna be in even more trouble. I can't hold on to this for another 2 weeks, 3 weeks, or who knows when?!?! WISHING it's gonna come up is a terrible possition to be in! I feel I need to get rid of this, this week. I'm gonna take a big loss, BUT, like I said , If I can free up that money I think I could do a lot better daytrading where I can see the range/lows/highs etc. according to the charts. The more I do this, day-to-day trading is the better way to go for me until I have lots more money to put here and there for longer term trading. SO, THE BIG QUESTION IS: R1, MORPH, RAJ, SJU, MAD, Where do you all see DUG going this week?? Where's the best high point going to be??


HELP me get rid of this P.O.S!!

Thanks, Scott. [Smile]
 
Posted by TraderJones on :
 
I'VE GOT A MONKEY ON MY BACK AND HIS NAME IS DUG!!! Any opinions or advice would be greatly appreciated.

Thanks!
 
Posted by Madpammy on :
 
TJ, been there done that. I lost $3500 in DRYS collapse. about 50% of what I was playing with. I cut my losses and played it back up. What are you averaged in at?
 
Posted by TraderJones on :
 
MAD...I've bought it and bought it down again, my average is about $19.25. At this point I can't buy it down anymore It would take too much of what I have left. I'm loosing about $4400 right now. Hard to admit.
 
Posted by TraderJones on :
 
I'll be back tomorow morning.
 
Posted by jgrecoconstr on :
 
it's at it's june support, if it goes below that I would sell. If it starts going sideways, tough call, if it has an up day tomorrow I would set an exit point with a trailing stop.
 
Posted by Madpammy on :
 
I am calculating you are down 20% or so? If you cut your losses, you should be able to make that back pretty quickly with that amount of money. I also think there is potential to make some of that back near term by holding it. It has to be your decision, it is your money. Inverse etf'/etn's are the devil if you get burnt. I call it stupid tax.
 
Posted by R1 Man on :
 
Scott....I say hold it. Right now the market is deep into the waters. Not sure how long it can swim but you will be ok. Here is something I was thinking about the past few weeks. DTO...WAY WAY DOWN. $71.30. I think it will stay around its current price and will likely jump back into the $80s. But that is a thought....so who knows.

FNM....looks like it will open lower slightly...but sideways trading. However....here is the trump card. Benenke is reappointed. Traders will like that. So FNM will likely touch $2.00 this week. [Wink]
 
Posted by BooDog on :
 
quote:
Originally posted by TraderJones:
I'VE GOT A MONKEY ON MY BACK AND HIS NAME IS DUG!!! Any opinions or advice would be greatly appreciated.

Thanks!

ultra shorts/ultra longs, man those can be tricky. I don't play them cuz i can't baby sit them. good luck TJ.
 
Posted by BooDog on :
 
quote:
Originally posted by BooDog:
quote:
Originally posted by TraderJones:
I'VE GOT A MONKEY ON MY BACK AND HIS NAME IS DUG!!! Any opinions or advice would be greatly appreciated.

Thanks!

ultra shorts/ultra longs, man those can be tricky. I don't play them cuz i can't baby sit them. good luck TJ.
i won't say buy or sell, there are others more qualified than me by far, and with so many stocks pushing into the overbought area it makes the call even more tricky. double bottom at 15.00 even but saw the higher low at 15.10 and now below the bollinger showing oversold. MFI doesn't appear to have found bottom yet but could be catching some support.
not saying buy/sell, just watching. best of luck.
 
Posted by sju1973 on :
 
I agree with R1, TJ. I would probably hold it if you can. I have already lost my ass on ETF's like this one as well. FAS & FAZ have burned me many times. I stay away from these anymore.

However, if you are patient and hold you should be able to rebound, IMO. I already had lost everything, and I mean everything on a stock that I went all in on, and the next day it went BK. I had no choice but to hold it. I held it for three months and in the end I cashed in a 120% gain. I learned through this experience that patience is the key.
 
Posted by R1 Man on :
 
FNM....here is the $2 bucks. I never took my sell order out last night and sold at $1.77 for a $180 gain. [Frown] DAMN!!! I had 10,000 shares. I will play a bounce on it or something else.
 
Posted by rajthebam on :
 
i am in FNM at 1.73
 
Posted by rajthebam on :
 
R1 - i got 1400 shares do u see this touching 2.20 where my limit sell is set for today? or get rid of it now around 2.05ish....everyone's opinions welcomed
 
Posted by BooDog on :
 
XRM bounced right off the 50 dma
 
Posted by R1 Man on :
 
My VG is WAY WAY WAY up today. My sell order has been in at $1.10 but up over $200 bucks....might take the money and run.
 
Posted by R1 Man on :
 
Good question....I say take $2 bucks.
 
Posted by rajthebam on :
 
changed my limit sell to 2 bucks...but its stuck at 1.92...morning time is the only time i expect this to hit since volatility drop around noon onwards..
 
Posted by BooDog on :
 
quote:
Originally posted by R1 Man:
My VG is WAY WAY WAY up today. My sell order has been in at $1.10 but up over $200 bucks....might take the money and run.

took half out at .875, couldn't pass it up
 
Posted by R1 Man on :
 
Well, off to take my son to play school. Good luck all. Be back after 1.
 
Posted by R1 Man on :
 
FRE...$2.10....grabbed 8,500 shares. Will sell it around $2.20 or higher. Will place order for $2.25 and go to school. [Wink]
 
Posted by TraderJones on :
 
THANKS TO ALL FOR YOUR OPINIONS AND ADVICE!! At the least you've helped me calm down about the situation. The biggest part of holding DUG for me is that, for example: any money that I've made in the past few weeks gets wipped out because DUG takes such a big drop. I think I'm going to hold it, I think so anyway. You could look at my situation as a recepe for falure. For example: When someone buys a stock, without the experience or knowledge required, they watch that stock and hope for the best. But when that stock plumits, they freak out and SELL SELL SELL. Obviously thats the worst time to sell. And if you keep doing that you will fail. As one of you said...Patients is the key. I'm trying to have a little more patients, and re-group for the best plan of attack with the other money that I have. I have a theory maybe some of you could have an opinion on also.

My theory is: It's getting to the end of summer, the whole market is taking a big surge up, with out a lot of backing behind it. Which keeps crude prices high also. BUT, as we all know the highest gas prices of the year are right around the end of summer/Labor Day. My feeling is everything will start droping around this time, and possibly get back into the 8800 range. That's my theory anyway. OPINIONS APPRECIATED.

Thanks!
 
Posted by rajthebam on :
 
FNM is painful to watch
 
Posted by TraderJones on :
 
Where are you in at Raj? $1.73?? Sell at $2.00??
 
Posted by rajthebam on :
 
sell at 2 but i dont think its going there....i changed to 1.90
 
Posted by TraderJones on :
 
did you sell??...still looks like a good up trend
 
Posted by rajthebam on :
 
well it got sold at 1.90 - made $224 after commission - woo hoo....not bad...time for another one?
 
Posted by TraderJones on :
 
WAY TO GO RAJ!!
 
Posted by R1 Man on :
 
quote:
Originally posted by rajthebam:
well it got sold at 1.90 - made $224 after commission - woo hoo....not bad...time for another one?

You did good!!!

VG....SOLD!!!! Made $343. Only paid little less then $1,000. So great ride up.

FRE....buying 950 shares more at $2.06 if it gets filled. If I get it, I plan on holding onto 1,000 shares for KEEPS. I think I will give my son's account my 1,000 shares of FNM and the 1,000 shares of FRE plus his SIRI he has. After that....I think he will be BALLIN when he turns 18. Hell, he might be worth $500,000 or more....who knows. I hope I will be worth that before I turn 40. 9 more years to go. Lets be real....I want to be worth $1,000,000 in 10 years. Possible...very possible.

Chrysler....what a wierd place to work. Its been work 2 weeks, laid off 2 weeks. Now I just came back from a 2 week layoff and guess what....I have to work Saturday. LOL....I don't think they know what they are doing. Plus we go on 9 hours in September with 2 more Saturdays. So why did they lay us off all this time??? [Confused]
 
Posted by R1 Man on :
 
Just a thought....I almost bought 20,000 shares of VG when it was at $0.82 today before I left with my son. Its at $0.91. So that is $1,800 I missed out on. [Frown] Needless to say...I sold at $0.95 so change that to $2,600 I really missed. [BadOne] I hope FRE pays out that much!!!
 
Posted by oldseven on :
 
quote:
Originally posted by R1 Man:
quote:
Originally posted by rajthebam:
well it got sold at 1.90 - made $224 after commission - woo hoo....not bad...time for another one?

You did good!!!

VG....SOLD!!!! Made $343. Only paid little less then $1,000. So great ride up.

FRE....buying 950 shares more at $2.06 if it gets filled. If I get it, I plan on holding onto 1,000 shares for KEEPS. I think I will give my son's account my 1,000 shares of FNM and the 1,000 shares of FRE plus his SIRI he has. After that....I think he will be BALLIN when he turns 18. Hell, he might be worth $500,000 or more....who knows. I hope I will be worth that before I turn 40. 9 more years to go. Lets be real....I want to be worth $1,000,000 in 10 years. Possible...very possible.

Chrysler....what a wierd place to work. Its been work 2 weeks, laid off 2 weeks. Now I just came back from a 2 week layoff and guess what....I have to work Saturday. LOL....I don't think they know what they are doing. Plus we go on 9 hours in September with 2 more Saturdays. So why did they lay us off all this time??? [Confused]

NO PARTS R1 - You don't have the parts you need to build. Same stuff happens around here. QUIT and Buy & Sell stocks. I would quit but I need the job for insurance. And of course, my wife won't let me.
 
Posted by rajthebam on :
 
R1 you do continue to get paid during layoffs correct?
 
Posted by R1 Man on :
 
quote:
Originally posted by rajthebam:
R1 you do continue to get paid during layoffs correct?

I get PAID to sit at home. So good deal!!!

Holding FRE....off to work. No SALE.... [Frown] If it doesn't sell, I'm gonna change my order most likely when I get home. Change the sell to $2.40 or so. Should of done that with FNM but was too tired last night to do it. [BadOne]

DAMN!!! VG....$1.14. [BadOne] [BadOne] [BadOne] [BadOne]
 
Posted by TraderJones on :
 
R1, I keep wondering why your working also??? It seems like your awfully good at this! Screw Chrysler, they DON'T know what they are doing.
 
Posted by R1 Man on :
 
Ok....someone SLAP ME!!!

VG...Bid $2.16...Ask $2.18. I submitted a order earlier Tuesday at $0.82 then canceled it when I didn't have time to watch. I was gonna grab 20,000 shares at $0.82. That would of given me 21,400 shares. Current bid makes it $46,224...would of cost me $17,300 including the 1,400 shares I already owned. That is a big miss of $28,924. [Wall Bang] [BadOne] [Wall Bang] [BadOne] [Wall Bang]

I can't believe this....Ok...changing my sell order on FRE to $2.45. But a educated thought....FRE bid is $2.08...ask $2.11. FNM bid is $1.92....ask $1.93. Now the proof is this....FRE is making money....FNM is losing money....but a bigger company. So I think FRE has room to RUN to $3-5 bucks Before October. We might see $3+ this week....but its still scary because its up soo damn much already.

I plan of dumping 8,450 shares of FRE...saving 1,000 for keeps. Then play VG.
 
Posted by R1 Man on :
 
quote:
Originally posted by TraderJones:
R1, I keep wondering why your working also??? It seems like your awfully good at this! Screw Chrysler, they DON'T know what they are doing.

Well, I'm on a hot streak right now but I need more money before I can quit. They will pay me $75,000 plus give me a $25,000 car voucher to quit. Not worth it really. I make about $65k a year working there. So that is really about 15 months of pay. If I got my account over $250,000 or far higher then I would consider but I still need medical insurance for my son and myself. I know the hot streak will not last forever but the way I'm trading right now is working awesome. I think I have made $12-15k the past 2 months alone but down a lot still. So there you have it.

You guys should all do this:

Refer each other to open an account. We open it, we both get $100 bucks. Make the account we open as RETIREMENT account. Link YOUR accounts together so you can keep stock as equity shares which I explained before. That way we can all RETIRE early one day. Have to think about the future. I haven't done it yet but will open an account. Anyone interested....PM me.
 
Posted by T e x on :
 
I know the hot streak will not last forever

That just may be the best thing you've ever posted.

good stuff [Wink]
 
Posted by R1 Man on :
 
T e x my old friend, yeah I have to be wise so yeah, that may be the best thing I have posted.

Few updates:

VG...touched $2.45+ premarket

HGSI...$21+

FRE/FNM...opening up Seems like FNM is pushing FRE a little but might pass FRE in price. ????

I plan on dumping FRE today and flipping VG. Its been all over today already. Was just at $2.10 and now at $2.22....up 5.7% right there.
 
Posted by rajthebam on :
 
TJ - DUG is up 2%....may be your luck is turning around on this one....

trying to see whats out there..? anyone?
 
Posted by R1 Man on :
 
This is sucking. FRE dropped its pants and VG is eating shrimp. FRE...$2.08....VG....$2.51...now $2.22.
 
Posted by R1 Man on :
 
TC...$12.77 My father's pick. Says its a great buy.
 
Posted by TraderJones on :
 
Yeah Raj--I've made back almost a thousand from the low a few days ago on DUG. Gotta be a play on VG today!
 
Posted by TraderJones on :
 
R1-- Is VG going to hit a good low and make a good rebound?? Or are they going to go low and stay low, concidering they are past their 52 week high??
 
Posted by R1 Man on :
 
No idea. I'm stuck here.

So did anyone catch the WAVE today? Up big!! Wouldn't buy now but that is a old stock we played years ago on here. Guess today is jack pot day for it.
 
Posted by TraderJones on :
 
VG looks pretty floaty...looks like they're going to come down more. Not sure if there is a play there, other than a few percent.
 
Posted by TraderJones on :
 
Bought VG at $1.87 SOLD at $2.09!!! Made about $1100!!! WOOO HOOOO!!!
 
Posted by TraderJones on :
 
Coulda held out for more, but it was a good safe trade! Yippie!!
 
Posted by TraderJones on :
 
I'm outta here till tomorow, I've got other things to get done.

Number 1: Punch DUG in the face, and make it come up more.

Number 2: Do some yard work.

Good luck all!!
 
Posted by rajthebam on :
 
nice one TJ -
 
Posted by rajthebam on :
 
keep giving us the hints before you trade these things dude.....lets all benefit...
 
Posted by TraderJones on :
 
Sorry Raj. The way I'm doing it a lot of times is, I'm watching them on a streaming chart, and watching and calcuating where it's going to hit a low. Sometimes it's all I can do to concentrate for myself, BUT the better I get at it, I will start to share more of what I'm doing.
 
Posted by sju1973 on :
 
SIRI released news on Skydock for iPhone a few minutes ago. Might see a price spike this afternoon.
 
Posted by sju1973 on :
 
or maybe not..... It seems like investors are not phased by the news because the speculation of this coming is what has driven the price over the last few weeks anyway.
 
Posted by jgrecoconstr on :
 
SIRI has always been a perfect example of sell before the news comes out.