quote:Originally posted by mattn: You guys teach us young traders so much. Thanks Robbie
If you try to win you will fumble the ball. It is better to have a clear plan in your head of how you will get to where you want to go and see yourself already there and beyond. Next thing you know you are dancing in the endzone!
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Averaging down is for Bag holders. If you believe a stock is going to go up you buy into the run up.
Only time you should ever average down is if you are long in a stock and find a cheaper buying opp. Then you are adding to your holdings and lowering your average. This is done not to give you an earlier exit point, but more shares.
Averaging down should never be used for any other reason as it is throwing good money at a sinking ship.
If anything good traders average UP not down.
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Texas signing deals with retail & food stores, according to Corr a couple weeks ago, so this is HUGE and it's just a start for RUSH....7-11 stores have Rush beverages on the shelves in Texas now. This is just the start folks. Good luck to all!
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The MMs could raise the pps from 0.048 to 0.057 with little volume, it indicates most sellers are gone. The majority of the shares are in the MMs' hands now. It will be interesting to see how they play the game.
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hey, I want to buy a little more when it gets to 60 so I can help it get past there but I have already had 5 trades this week. I heard that you could only do 5 trades other wise you would be considered a day trader. Is that True? If so, does it apply to Canadians too?
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900 shares was not on my list. HOWEVER I did make some personal notes the last time I saw it and made two guesses. One was STOP... and the other was.... Getting out of the way. Seems like a stop is working for now. Could of course just be someone trying to lock place in line, but why 900. That is only $4.77.
I see we are off and running again....
-------------------- I wrestled with reality for years, Doctor, and I'm happy to state, I finally won out over it.
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Corr met with Asia executives this week, as the Asia execs initiated the meeting with Corr here in the U.S. This speaks volumes, and it is all apart of the grand plan with Lynch, the brewery deal, Asia, Texas and the U.S. retail/grocery deals as a whole. Looks very promising in deed this week or next.
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quote:Originally posted by stockstar: hey, I want to buy a little more when it gets to 60 so I can help it get past there but I have already had 5 trades this week. I heard that you could only do 5 trades other wise you would be considered a day trader. Is that True? If so, does it apply to Canadians too?
Is your account opened in the USA or Canada? I also believe that is 5 full round trip trades. So, you can buy but perhaps have to wait to sell.
I am not sure on exactly how that works as I have over the minimum of $25,000 to day trade in my account.
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quote:Originally posted by stockstar: hey, I want to buy a little more when it gets to 60 so I can help it get past there but I have already had 5 trades this week. I heard that you could only do 5 trades other wise you would be considered a day trader. Is that True? If so, does it apply to Canadians too?
Is your account opened in the USA or Canada? I also believe that is 5 full round trip trades. So, you can buy but perhaps have to wait to sell.
I am not sure on exactly how that works as I have over the minimum of $25,000 to day trade in my account.
oh, I'm way over $25,000. Does that cancel out the daytrading rules? And yes, I did open it in canada. I'm with Td waterhouse (now switching to TD Ameritrade).
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chklingon - we should be setting up a new base around .0055 if the news doesn't get released until Monday. Good time to load up today like a few of us just did!
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Yeah Rush Man, I got hung up in fund hell. My check took forever to clear, so I went ahead and bought some SIRI yesterday to at least get it moving.
I know IHUB has been alive with a ton of rumors today and they are working themselves into a frenzy. Ummmm.... I will just stay on the sidelines on that one and not give it the time of day. We are moving up today, but no volume. The MM's seem to be manuvering toward the EOD, but guess we will see. Still, is good to see green for a while.
-------------------- I wrestled with reality for years, Doctor, and I'm happy to state, I finally won out over it.
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quote:Originally posted by stockstar: hey, I want to buy a little more when it gets to 60 so I can help it get past there but I have already had 5 trades this week. I heard that you could only do 5 trades other wise you would be considered a day trader. Is that True? If so, does it apply to Canadians too?
Is your account opened in the USA or Canada? I also believe that is 5 full round trip trades. So, you can buy but perhaps have to wait to sell.
I am not sure on exactly how that works as I have over the minimum of $25,000 to day trade in my account.
oh, I'm way over $25,000. Does that cancel out the daytrading rules? And yes, I did open it in canada. I'm with Td waterhouse (now switching to TD Ameritrade).
Yeah you can daytrade your heart out with over $25k in the account. Also rules dont apply to non US accounts. But your broker may have their own rules so read up, but if you are over 25k there is no restrictions
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Just got back into FMNJ yesterday, and more into RSHN today. FMNJ should be getting good news on Bolivia soon.
RSHN low volume & green should help us, with flippers out. Asia news first, then a follow-up with Texas & national retail/food chains putting ink to paper with Corr to compliment the scenario...IMHO
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imakmony2005
unregistered
posted
Well i sold all but 500k shares good luck. Slow trend down and wanted to lock in profits.
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Rush in Alaska & Northwest. My colleague & I have made contact w/ Kruger stores (Fred Meyer). They responded favorably to our request and will be contacting Rush for distribution and stocking main chains in the NW & Alaska. There was mention of another natural foods expo on the east coast coming soon,with RushNet having a booth- so RUSH is spreading from coast to coast now at an unbelievable pace. All my friends & family have already or will be jumping on board before lift off. Keep getting your local stores involved, and reap the rewards with sales/profits for all of us.
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but I heard that there was someone who heard a rumor about this guy speaking about a conversation he overheard in a meeting between Bob and Mr X. It was suggested a deal was forth coming. However, the one guy who heard this from the other guy who overheard this supposed information was not of the most reliable type, but then again what do I know. It was only a rumor after all.
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Robbie English - I will put money on it NOT being just a rumor. Things are certainly evolving based on my conversations with Corr two weeks ago, and facts about RushNet. We did very good picking this stock. Now, we sit & be patient.
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Rumor has it that the guy that over heard this thing that the other guy heard Bob say to Mr X was that the Asia deal is worth a cool $2.3 million per quarter. I do not know how many zeros got added to that as that guy told the other guy who heard him say this before I found out. I never added any zeros to it. I report the rumors as I hear them.
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Seeing GREEN !!! Looks nice for a change !!!
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Someone is loading up big at 53!
