posted
Well, the RS is a disaster for someone like YRCW. SIRI has good financials to back their once upon a time RS. YRCW looks like garbage comparatively. This is a last ditch effort to stay listed for them. It will not be looked upon as a great move from investors.
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posted
Yeah, It seems in most cases that I have seen there is usually a sell off following the RS. Then once the dust settles it may stabilize. Who knows, maybe the RS won't happen, but from what I have read it looks like it will. We'll see. I think it's probably best to stay away for the moment.
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posted
Well my NFLX made a nice jump for me. I am gonna play my strategy and not hold this overnight. Buy at HOD and sell after it chills out a bit. That's the plan for me.
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posted
You guys will never believe what happened. When I sold my NFLX yesterday it sold off in chunks. I only put in one order to sell all the shares and since it sold off in chunks, I got a daytrader restriction put back on. I am effin pissed. Called the branch and asked them to bypass it, but it fell on deaf ears.
Do you guys know if the restriction is tied to the person or can I change brokerages and make this go away?
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posted
That just shouldn't have happened Glenn. I've had things sell off in chunks like that before....pretty much your same situation, and I didn't get restricted...LAME! I don't think the restriction will follow you if you switch...but not positive.
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posted
I am pretty much done with Scottrade. They have been pretty good, especially in customer service. However, their system needs some work. Sometimes I get a warning before my 4th trade and sometimes it proceeds like normal. Sometimes it recognizes partial fills as separate trades and sometimes not. Me thinks time to switch.
Do you guys trade with margin at all?
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I watched them sell a 07 Dodge Charger R/T Daytona edition with 25,000 miles for $7,900 in Detroit. I tried to bid but had to reload the page. You can get some cheap cars/motorcycles/4 wheelers/boats/etc. I only go after Clean Titles that have the Run and Drive logo. Might be easier flipping cars then stocks... Anyways, PM if interested.
GNBT looks like it might run Wednesday...keep a eye on it.
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posted
Gents, I would be loading up on some FAZ and DRV. This market is going down. Housing sucks again since the credit expired, the Euro is worthless, our national debt has exploded, retail is weak, etc. A lot of reasons to feel negative about this economy.
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posted
Don't feel too bad Raj. I took a huge loss on that too. I am thinking about making the switch to TDAmeritrade. Do any of your guys use it? Do they have a good trading platform? I love my scottrader.
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posted
I have TD Ameritrade Glenn. It will probably take a while for you to get used to it compared to what your using now but, they do have a good trading platform and lots of different "tools" to use. Honestly, I haven't had any weird problems with it or them. And if you switch and use me as a reference, I get a bunch-o free trades.
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posted
I requested a check from my scottrade. I am done with them. Key things I want. An easy to use trading platform, low fees, and access to charts. I don't need Level II or anything like that, just a simple chart on the fly.
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posted
I requested a check from my scottrade. I am done with them. Key things I want. An easy to use trading platform, low fees, and access to charts. I don't need Level II or anything like that, just a simple chart on the fly. Any suggestions?
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posted
The level II chart is actually quite helpful, it shows where the buying and selling is headed, where it's leaning towards. It has helped me quite a bit as far as knowing when to buy and when to sell. you can spot weekness and strength with what's going on too. As far as the fees are...$9.99 per trade, nothing else. I've heard of others charging less but then they tack on fees when you buy more than a certain number of shares and other things too.
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posted
I am furious right now. I was going to hop into DRV yesterday afternoon, but could not because of this daytrader bullcrap. I would have been up over $2k right now. Effin *******s.
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quote:Originally posted by glenngsxr: I requested a check from my scottrade. I am done with them. Key things I want. An easy to use trading platform, low fees, and access to charts. I don't need Level II or anything like that, just a simple chart on the fly. Any suggestions?
Just do TD...let TJ refer you so you both get a kick back. I cashed out for now so I can pay cash for a car. So, how much a year does it cost you for your dealer's license? I use a broker for copart.
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quote:Originally posted by glenngsxr: I requested a check from my scottrade. I am done with them. Key things I want. An easy to use trading platform, low fees, and access to charts. I don't need Level II or anything like that, just a simple chart on the fly. Any suggestions?
Just do TD...let TJ refer you so you both get a kick back. I cashed out for now so I can pay cash for a car. So, how much a year does it cost you for your dealer's license? I use a broker for copart.
Costs me about $600 a year by the time it's all said and done. I do about 1-2 cars a month, mainly just by having inventory, but I also like to do broker deals as well. If you guys ever need a vehicle, I would be willing to help you out. Save you tons of money that you could be trading with instead.
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