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Well, I took my loss on NTMM yesterday at .013
Then this today, up to .02 now. Once again, my stellar sense of timing in play.. -------------------------------------------- NT Media Corp. Joins the Blockbuster Affiliate Program
LOS ANGELES, Dec 13, 2006 (BUSINESS WIRE) -- NT Media Corp. (OTCBB:NTMM), a diversified media and entertainment company, announced today that it has joined the Blockbuster (NYSE:BBI) Affiliate Program. Through the program NT Media will be able to display the Blockbuster logo and its website and generate commission by subscriptions made through links to the Blockbuster site. NT Media will be able to link its website to over 40,000 DVD titles available on Blockbuster as well as have access to cutting-edge marketing material provided by Blockbuster.
"Joining the Blockbuster affiliate program will allow us to enhance our site and generate revenue from subscribers to Blockbuster through our website," said Ali Moussavi, CEO of NT Media Corp.
About NT Media
NT Media Corp. is a publicly traded diversified entertainment and Media Company based in Los Angeles, California with operations in film and television production and finance.
-------------------- "Great Day for Up!"....Dr. Seuss Posts: 3387 | Registered: Mar 2006
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What did you expect??? We are being watched Jo... They are playing the newBies. new money pops it up and out they go. Then you're left hangin. Looks like you're doing a lot better now overall though!!
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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I really like this thread....poor Jo, you have taken some doosies this year! I have taken my hits as well, but doing much better since I started....
Planning my trade, and trading my plan
Good Luck to All!
-------------------- Study before you buy, Sell before you think about it.... Posts: 3903 | From: Gulf Coast | Registered: Jun 2006
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SherriT "Doosies" Yeah, that's the word LOL!
I'm in there with you with CSHD, however, I actually took profits with that one and then bought shares with my profits. So I'll be about break even on that one if it stays at current levels (which looks probable, eh?)
I'm also doing much better since I started. I'll definitely be in the green this year, I just need to decide how many more of my losses to put on this year's taxes and which ones to get rid of.
Jo
-------------------- "Great Day for Up!"....Dr. Seuss Posts: 3387 | Registered: Mar 2006
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Running out of time for any of my losers to rebound before end of the year, but you never know, miracles do happen. I was down 33% in SIGA at 2.70 and it went up yesterday and I got out at $4.40 with a 4% gain. I can breath a sigh of relief on that one.
Jo
-------------------- "Great Day for Up!"....Dr. Seuss Posts: 3387 | Registered: Mar 2006
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quote:Originally posted by Jo4321: If you've followed the "phoenix" thread, you know that I have only recently brought my portfolio to the green side. Now I kind of need to start over.
Now that the end of the year is coming, I need to take some of the unrealized losses. I've already begun to do so here and there.
Some of my positions are so far down that it may not even be worth it to sell them. On the other hand, I figure I might as well go ahead and take some losses so that I do not have to pay as much capital gains tax. I don't want to sell off just to lower my tax though. I'd like to do this only with those losers that probably have NO chance of coming back.
Here's a list. Which would you hang on to and which would you definitely get rid of. This is not ALL of my losers, but they are the ones I am considering tossing out.
AMEP - Down 63% $89.00 remaining $130.00 loss FPPL - Down 90% $58.00 remaining $432.00 loss MGGV - Down 97% $7.00 remaining $300 loss NDOL - Down 87% $72.00 remaining $355.0 loss NNRF - Down 97% $34.20 remaining $527.00 loss PGPM - Down 83% 47.00 remaining $138.00 loss XLPI - Down 68% $75.00 remaining $136.00 loss XSNX - Down 79% $162.52 Remaining $597.52 loss
I'm thinking that the strategy here would be to sell the positions that have the biggest dollar amount of losses, rather than those that have the most money remaining, but I'm not sure that is the way to go.
Are there any of these that you might hang onto or are there any of these that you think have NO CHANCE IN H*LL of rebounding any decent amount?
Jo
how long do you hold for? like xsnx or amep you've must of been holding for a while to be down 60 or 70 percent I rarely hold for more than a few days, if i'm down more than 10 percent usually I average down or sell at a small loss as opposed to holding and hoping that it bounces back because pinks and otcbb rarely do lol
Posts: 550 | From: MI | Registered: Nov 2005
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quote:Originally posted by Jo4321: If you've followed the "phoenix" thread, you know that I have only recently brought my portfolio to the green side. Now I kind of need to start over.
Now that the end of the year is coming, I need to take some of the unrealized losses. I've already begun to do so here and there.
Some of my positions are so far down that it may not even be worth it to sell them. On the other hand, I figure I might as well go ahead and take some losses so that I do not have to pay as much capital gains tax. I don't want to sell off just to lower my tax though. I'd like to do this only with those losers that probably have NO chance of coming back.
Here's a list. Which would you hang on to and which would you definitely get rid of. This is not ALL of my losers, but they are the ones I am considering tossing out.
AMEP - Down 63% $89.00 remaining $130.00 loss FPPL - Down 90% $58.00 remaining $432.00 loss MGGV - Down 97% $7.00 remaining $300 loss NDOL - Down 87% $72.00 remaining $355.0 loss NNRF - Down 97% $34.20 remaining $527.00 loss PGPM - Down 83% 47.00 remaining $138.00 loss XLPI - Down 68% $75.00 remaining $136.00 loss XSNX - Down 79% $162.52 Remaining $597.52 loss
I'm thinking that the strategy here would be to sell the positions that have the biggest dollar amount of losses, rather than those that have the most money remaining, but I'm not sure that is the way to go.
Are there any of these that you might hang onto or are there any of these that you think have NO CHANCE IN H*LL of rebounding any decent amount?
Jo
how long do you hold for? like xsnx or amep you've must of been holding for a while to be down 60 or 70 percent I rarely hold for more than a few days, if i'm down more than 10 percent usually I average down or sell at a small loss as opposed to holding and hoping that it bounces back because pinks and otcbb rarely do lol
Averaging down - the worst thing to do in trading no matter what... as for the rest that you had said to her she has already heard it from me many times... I had already given her advice to sell it all off and cut your losses and start with a clean new slate... "Hope" is the worst thing to strive for in trading other then Greed and Fear...
-------------------- Let the world change you... And you can change the world.
Ernesto "Che" Guevara de la Serna Posts: 4669 | Registered: Mar 2004
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When I first started trading, I held too long. That is why I ended up with the losses I had. I've recovered though and have learned to get out when things start heading south.
The only losers I have left are ones that have so little in them, it's worth a gamble to hold them until December 29th, just in case. I'm not losing much more by not selling them til then.
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