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drys is on that i have made some good mola on in the last 10 months..cramer was all over it about january and its been a good mover..solid tankership company with lots of play..
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i just might roll the dice on AIG for a quick pop..the way its moving..2 bucks up to 3.40 in an hour back down to 2.70 and then hopps to 4.50 an within the next hour..now its bounced off of 2.15...the next down cycle im taking the plunge..
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99....waaassss up...good to hear from you..always welcome your input..i love SRS and SKF made some good mola on them in the past..when the s**t hits the fan..they are good for some play..
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Yeah I always sell to early, but SKF moves with the momentum of a freight train, so I have no regrets. I was able to grab SKF at $96 a week ago, but pulled the sell trigger way to early. Of course I didn't see the complete financial meltdown happening. I also am holding TSYS bought at 8.25, but it is an ultra long play for me. Bought some LEH, yes I said LEH with some house money at .20 I am mostly cash right now and just sitting back and enjoying the ride.
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quote:Originally posted by Morpheus: AIG hit 1.25 for a minute or two and now it hoovering around 2.75..WOW its bouncing like a gold ball on a cart path..any ballsy players on this board pick it up???
In at $2 and out at 2.68 on my prctice acct. :-) Keeping on the sidelines for now with the cash.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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99..the ibankcoin site is good stuff lots of different opinions..can keep a guy busy for weeks just trying to keep up..but good non the less.thanx
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how r u guys doing? i gotta be honest...the market is scary to say the least....i got about 1200 bucks to play with so about 250 bucks for one purchase max considering the 20% of total portfolio in one equity - any good buys right now? or just wait till fed meeting results at 2.15
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raj..i hate to be the bearer of bad news..but lets do the math..a good short term move is 10%..so 250 bucks will gross 25 bucks..$14 dollar buy and sell and you clear about 11 bucks really dude...you should put up about 30% of your bankroll..400-500 bucks a pop..and build from there..makeing the quick mola with that size funds is really tuff ..but dooable
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Morph you are right...i may have to build enough stomach for 400-500....you guys must be having a good laugh actually reading my posts....but i can't play market with much right now...still paying off my college/car loans and wife still in college....plus kids diapers...oh it just keeps adding up...
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put in a limit order for 400 shares of SIX * .86 and wait..if it picks it up it should be a good pop..another mover down sharl[ly today is BBI..pick it up with a limit order 1.94.. they could rebound nicely
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raj..i hear ya..been there too..a good laugh..naaaaaaaw...(not really) you are in the game and the name of the game is "capital preservation" do not be in a hurry to loose your mola ya know..99 just turned the board onto ibankcoin.com and "the fly" has some really good insight worth reading into..but be cautious and stick with quality. none of the "soon to be bankrupt" plays
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NOV....$50.59.....is a good one. Should be able to hit $60 pretty easy I think. Possible to walk away at $70. Have more time, I think you could pinch another $5.00 out of it and bail at $75. Great find Morpheus. So make 18.6% at $60....make 38.4% at $70 or take 48.3% at $75.
I think I am going to short AIG after all. Screw it.
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Buying more right now $2.70....selling at $2.85....oops....missed it.....hmmmmm.....short back down....I have 2 more trades available.
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