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They're a lot of fun....Its insanely fast in the 1/4 mile and top speed....I took it up to 197 mph with GPS to verify the speed....my speedo only goes up to 189 mph and its digital. They have Suzuki Hyabusa's going past 260 MPH....of course with heavy mods. I jump on it when I'm frustrated or just bored...it really helps clear your head and relax you....providing your not riding in heavy traffic. Well enough with the bikes.
UMC had awesome news come out:
I can't read the news but on www.cbsmarketwatch.com They have news out at 3:40pm stating: $ UMC's Profit More Than Doubles - [at The Wall Street Journal Online]
Taiwan chip foundry United Microelectronics (UMC:NYSE ADR - commentary - research - Cramer's Take) said fourth-quarter earnings rose 129% from a year ago to $94.1 million, boosted by strong pricing. Sales fell slightly to about $850 million but came in above estimates. Shares slipped 2 cents, or 0.7%, to close at $3.02.
Just that alone is awesome....after hours its at $3.09.
Posts: 908 | From: Detroit | Registered: Mar 2005
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Sold already....I'm loading up on your stock pick.....QSII. I dropped over $10,000 in it already. They are paying basically 2.5% dividend if you buy today or friday and the 2-1....that is SWEET!!
QSII to be elgible for cash dividend you must buy no later than Friday 2-17-06 and hold it until 3-16-2006.
QSII to be elgible for the 2-1 split, you must own on or before 2-27-06 and hold it until 3-24-06.
Abram....the above dates are accurate must buy and hold dates. I missed my own pick NGRU buy date and missed out on the dividend. So I know now how it all works. Speaking of NGRU....I was going to buy some at $0.25 monday.....kicking myself now....$0.40 now.
Ladybird has picked some drug companies to watch...and I agree with them....not sure in entry points but I would be ok to buy 1,000 shares of each and sit back on them. Here is the list:
CMGI is moving up now....1.32 x 1.33....about time.
RGR is growing hot.
ARRS is peaking out....$13.19...up 39.70%. INNO jumped 25% yesterday....sold it and ran!!
Posts: 908 | From: Detroit | Registered: Mar 2005
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Personally I won't trade drug stocks(unless I can see a positive , without a doubt cashflow) but for me that NGRU looks really good to get and hold. After they paid that .85 distribution, it got smacked. Now the very ones that smacked it down accumalating. I too have quite a bit in QSII. Can't do too much as I only have so much. But out of the above , I'd buy a large chunk of NGRU and hold about a month or two.
-------------------- TI AKERS , WHERE ARE YOU!!! Posts: 899 | From: FT. Wayne to Raleigh-1986 | Registered: Feb 2003
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This is the general rule about dividends and splits:
Trade Date + 3 days to meet the Record date.
This is because your broker turns in the registrations stating who own what. It normally takes 4 days for them to get the list.
I got burned on NGRU....The record date was the 1-17-06....ML said I had to own it on the 11th to meet the record date of 1-17-06. They also said I could sell it after the 17th and get the dividend....saying I had bought it on the 11th...which was a lie also. My father found that out the hard way. He bought it and meet all requirements and come the 1-27-06....his account showed a $0.85 a share gain then the 30th it was all taken away since he sold on the 18th. He lost about $100-200.
I normally hate playing these type of plays since you can't sell it until its worthless....sort of like NGRU....speaking of the subject....I can see it moving up but not yet. If it survives $0.39-0.44 for all next week, I will be suprised!
Posts: 908 | From: Detroit | Registered: Mar 2005
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Abram.....you needed to post this pick sooner....on this one, I think I would of taken out a personal loan to buy more.....maybe get my motorcycle and my equity loan paid off with the proseats. Ohhh well....I don't think it would fly with my wife even if I had the time to do it all. She would SCREAM!!!
UBET fell today after earnings came out. $4.68.
Posts: 908 | From: Detroit | Registered: Mar 2005
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Congrats on your CMGI, R1Man! $1.42 last time I looked.
Oh and don't be doing nothing to make your wife scream - like buying stocks on loans for pete's sake!
Posts: 120 | From: New York | Registered: Feb 2005
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QSII had a $4.00 rise today, R1Man, are celebrating already? CMGI has turned and is in the beginning of an uptrend. Congrats! Yeah, too bad about UBET. But it will turn around too. Good thing we got out huh? I'll be looking at it later though as I believe they will continue to grow their market.
-------------------- TI AKERS , WHERE ARE YOU!!! Posts: 899 | From: FT. Wayne to Raleigh-1986 | Registered: Feb 2003
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Great pick CMGI, any exit point suggestions from you guys? BTW..anyone remember Florida Swing Trader from this forum. I use to be here when he was here. Just curious to what happen to him? Great Guy.
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Spongebob, you remember FST with 1 post. You've been lurking a long time. I believe FST had some health problems and immediately cut all ties with stressful, time consuming things. I hope he's enjoying life , I loved the common sense way he had about explaining how he traded. He was clear enough that, you knew he had no hidden agenda.
-------------------- TI AKERS , WHERE ARE YOU!!! Posts: 899 | From: FT. Wayne to Raleigh-1986 | Registered: Feb 2003
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CMGI.....I am considering dumping 1/2 at $1.50. This really has potential to run back to $1.60-1.70's. I have a bad habbit of taking all profits without leaving a little equity left over. (Sell only the shares equal to what I paid and keep the rest as equity). As for the dumping half, it really depends on how bad I want to swing trade....I'm not used to having all my money tied up like this even though I know its the right decision.
Welcome back SpongeBob....what was your old name....I have been here for a VERY LONG TIME. March of 2002. This is a new name since I forgot my old password and my email address has changed.
Posts: 908 | From: Detroit | Registered: Mar 2005
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SIRI.........had a big drop in price.....should be good for a small run....$5.31 AH.....exit is $5.65. Reason for drop is negative earnings.
Posts: 908 | From: Detroit | Registered: Mar 2005
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My old name was Stalker..and I too forgot my old Password and login. My email address changed also so I could not even recover the old info. But still I didnt post a much then, but I tried to contribute when i could, as I will here. And yes FST was a stand up guy, I valued his knowledge greatly. I hope all is well. Nice to meet you two.
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Hey I have a question for you guys and LadyBird. What online broker do you guys use? I am currently just with Buyandhold, but I need another source? Any recommendations?
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I have ML where the bulk of my money is....(401k). But I use Ameritrade. However, www.choicetrade.com is definately the way to go....providing they offer service to your state. The other hot one is www.scottrade.com.Posts: 908 | From: Detroit | Registered: Mar 2005
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