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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.
Posts: 426 | From: Philadelphia, PA | Registered: Nov 2008
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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??
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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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..
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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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.
Posts: 1503 | From: washington | Registered: Jun 2009
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Morph. Yes, I agree with you on SIRI. I like this one a lot. I am very optimistic.
Posts: 426 | From: Philadelphia, PA | Registered: Nov 2008
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so, the market is down again this morning. Any spectulation when, where and how much it's going to rebound???
Posts: 1503 | From: washington | Registered: Jun 2009
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hmmm...lets see...market down SIRI up...sounds about right...im just playing with TNA today long and short..
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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Yep. SIRI holding strong. Looking good. The iphone app just surpassed 1 million downloads.
Posts: 426 | From: Philadelphia, PA | Registered: Nov 2008
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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...
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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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.
Posts: 426 | From: Philadelphia, PA | Registered: Nov 2008
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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
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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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
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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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.
Posts: 426 | From: Philadelphia, PA | Registered: Nov 2008
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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
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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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
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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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.
Posts: 426 | From: Philadelphia, PA | Registered: Nov 2008
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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.
Posts: 426 | From: Philadelphia, PA | Registered: Nov 2008
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sju...for day/active trading go with IB...it does have a minimum initial cash input..and for daytrading its 25k
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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When the heck is this market gunna rebound?? WOW! Things look awfully bleek!
Posts: 1503 | From: washington | Registered: Jun 2009
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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.
Posts: 492 | From: new york | Registered: Jul 2005
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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
Posts: 2497 | From: westlake village CA | Registered: Aug 2008
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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!!
Posts: 1503 | From: washington | Registered: Jun 2009
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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?
Posts: 55 | From: Pennsylvania | Registered: Apr 2006
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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.
Posts: 1503 | From: washington | Registered: Jun 2009
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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.
Posts: 2367 | From: Detroit | Registered: Mar 2005
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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.
Posts: 2367 | From: Detroit | Registered: Mar 2005
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