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» Allstocks.com's Bulletin Board » Swing Traders » What I am watching as Swing Trades 2 (Page 20)

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Author Topic: What I am watching as Swing Trades 2
SoAngel
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Today is brutal, I am glad I did not make any purchases (yet).
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SoAngel
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Just picked up 80 AGQ at 44.33.
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glenngsxr
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I missed it. Had a couple meetings at work and came back and about shat myself.

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wide open until you see god, then brake!

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SoAngel
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Wow.
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SoAngel
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Picked up 300 NM at 2.28.
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Morpheus
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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

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SoAngel
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Welcome back.
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SoAngel
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May hop back info FAS depending on how things go here.
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SoAngel
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I was really expecting a 100+ point downswing here in the closing minutes, but it isn't looking that way...
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SoAngel
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Picked up 500 FAS at 4.85.
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Morpheus
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hey looky here now...i golfing all morning and come back to a +$4k day...thank you SIRI..
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SoAngel
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Morpheus- Wish you would've been around today to make sure I didn't do anything stupid! [Smile] Have a good weekend.
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SoAngel
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Picked up 100 shares of GE at 7.60.
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greenman
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Today was a very red day overall.
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SoAngel
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This FAS hold is making me look like a broke fool.
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Madpammy
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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.

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SoAngel
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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!

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Morpheus
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listen to me now...this is for my friends here on this thread...SIRI....need i say more?
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Madpammy
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Morpheus, Does it look good to get in now or wait for a drop?
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SoAngel
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This is difficult to sit through.
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Morpheus
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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..
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Morpheus
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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..
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Morpheus
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i hope you all picked up some of that there SIRI under .13 today..I did...10k more
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SoAngel
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I picked up a few yesterday at .139. Going to sit on it for awhile.
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Morpheus
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oh yeah...SIRI up 15.38%....can you say .."cha ching"...good move SoAngel
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Morpheus
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SoAngel...hold it until at least the earnings and then beyond..you will love cyber vegas too!!
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SoAngel
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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.
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Free Muney
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I'm playing a bottom bounce on gd. WAY oversold.

if market should catch wind, this should tick up quick. hopefully.

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Contrarian views always appreciated.... :p

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Free Muney
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banking this week??? positive in anticipation of the debt write down policy change... might be a great swing.

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Contrarian views always appreciated.... :p

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Morpheus
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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..
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Morpheus
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let the good times roll ...i luv luv luv cyber vegas..

biz.yahoo.com/prnews/090310/ny81849.html.v=1

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Morpheus
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http://biz.yahoo.com/prnews/090310/ny81849.html?.v=1
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R1 Man
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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.

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R1 Man
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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.
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SoAngel
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quote:
Originally posted by SoAngel:
Picked up 300 NM at 2.28.

Out of 290 shares at 2.43.
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