 Stock Picks, I need a score... |
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 Oct 24 2011, 01:19 PM
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#41
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 Rank: F5 Superstorm  Group: Member Posts: 1,706 Joined: 30-September 09 From: Columbus, OH Member No.: 19,327  |
My company was first in the market on Thursday or Friday, even on top of Bank of America. BOA tanked and we took the lead. My opinion, BOA is going to file bankruptcy in the near future.
-------------------- And Shepards We Shall Be
For Thee, My Lord For Thee. Power Hath Forth Decended From Thy Hand Our Feet May Swiftly Carry Out Thy Commands. So We Shall Flow A River Forth To Thee And Teeming With Souls Shall It Ever Be. In Nomeni Patri Et Fili Spiritus Sancti. |
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Oct 24 2011, 01:28 PM
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#42
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Rank: F5 Superstorm Group: Member Posts: 1,040 Joined: 29-May 10 From: Delton, MI Member No.: 22,879 |
QUOTE(drummer182 @ Oct 24 2011, 02:19 PM)  My company was first in the market on Thursday or Friday, even on top of Bank of America. BOA tanked and we took the lead. My opinion, BOA is going to file bankruptcy in the near future. The gov probably won't let them file for bankruptcy. They'll either straight up bail them out or come up with another fancy "planned bankruptcy" kind of thing. I do believe they are still in big trouble for sure. That earnings report was not very impressive at all once you dug a little deeper. I can't really picture BAC going up a whole lot. I think $8.50 is the bullish upside for BAC in the next couple months but I think a drop back into the $5.50 to $6.00 range is more likely. What do you mean first in the market? Best performer among banks or among all stocks? Or just among the DOW bluechips? -------------------- ChsChargers09 - Please be aware that there is a significant chance I was being sarcastic in the above comment. Thank you.
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Oct 24 2011, 03:38 PM
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#43
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Rank: F5 Superstorm Group: Member Posts: 1,706 Joined: 30-September 09 From: Columbus, OH Member No.: 19,327 |
QUOTE(CMeyers @ Oct 24 2011, 12:28 PM) The gov probably won't let them file for bankruptcy. They'll either straight up bail them out or come up with another fancy "planned bankruptcy" kind of thing. I do believe they are still in big trouble for sure. That earnings report was not very impressive at all once you dug a little deeper. I can't really picture BAC going up a whole lot. I think $8.50 is the bullish upside for BAC in the next couple months but I think a drop back into the $5.50 to $6.00 range is more likely. What do you mean first in the market? Best performer among banks or among all stocks? Or just among the DOW bluechips? Best performer among banks. -------------------- And Shepards We Shall Be
For Thee, My Lord For Thee. Power Hath Forth Decended From Thy Hand Our Feet May Swiftly Carry Out Thy Commands. So We Shall Flow A River Forth To Thee And Teeming With Souls Shall It Ever Be. In Nomeni Patri Et Fili Spiritus Sancti. |
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Oct 31 2011, 08:50 AM
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#44
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 Rank: F5 Superstorm Group: Member Posts: 2,311 Joined: 29-February 08 From: Fairfield, Maine Member No.: 14,053 |
NERVES!!! I did a leveredged double short on the S+P500 Friday thinking it would go down after the big run up, weel it looks like it's going down now I'm in at 19.50 (SDS).
-------------------- " it don't get no better than this "
If you like snow so much come shovel me out!! |
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Oct 31 2011, 09:02 AM
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#45
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Rank: F5 Superstorm Group: Member Posts: 2,311 Joined: 29-February 08 From: Fairfield, Maine Member No.: 14,053 |
QUOTE(aaastinkie @ Oct 31 2011, 09:50 AM) NERVES!!! I did a leveredged double short on the S+P500 Friday thinking it would go down after the big run up, weel it looks like it's going down now I'm in at 19.50 (SDS). Sold at 19.85.....175 in the bank..... 
-------------------- " it don't get no better than this "
If you like snow so much come shovel me out!! |
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Oct 31 2011, 12:31 PM
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#46
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Rank: F5 Superstorm Group: Member Posts: 1,706 Joined: 30-September 09 From: Columbus, OH Member No.: 19,327 |
QUOTE(aaastinkie @ Oct 31 2011, 08:02 AM) Sold at 19.85.....175 in the bank..... What bank is that? -------------------- And Shepards We Shall Be
For Thee, My Lord For Thee. Power Hath Forth Decended From Thy Hand Our Feet May Swiftly Carry Out Thy Commands. So We Shall Flow A River Forth To Thee And Teeming With Souls Shall It Ever Be. In Nomeni Patri Et Fili Spiritus Sancti. |
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Oct 31 2011, 01:04 PM
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#47
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Rank: F5 Superstorm Group: Member Posts: 2,311 Joined: 29-February 08 From: Fairfield, Maine Member No.: 14,053 |
QUOTE(drummer182 @ Oct 31 2011, 01:31 PM) What bank is that? Vanguard.......(minus 14 trade commissions) This was my first trade in my cash account so I'm up.....for now.... 
-------------------- " it don't get no better than this "
If you like snow so much come shovel me out!! |
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Nov 1 2011, 09:51 AM
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#48
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Rank: F5 Superstorm Group: Member Posts: 1,040 Joined: 29-May 10 From: Delton, MI Member No.: 22,879 |
QUOTE(aaastinkie @ Oct 31 2011, 09:50 AM) NERVES!!! I did a leveredged double short on the S+P500 Friday thinking it would go down after the big run up, weel it looks like it's going down now I'm in at 19.50 (SDS). If you're playing games with leveraged ETFs take a gander at FAS and FAZ. FAS is a bullish financial ETF while FAZ is the direct opposite. If you have time you can trade them back and forth a couple of times during a day and make money in every direction the market is moving. Worth realizing that the risk of playing with 2 and 3 times leveraged ETFs is very, very high. If you guess wrong and the market goes up 2%, you end up losing 4%... Happily it works the other way as well! -------------------- ChsChargers09 - Please be aware that there is a significant chance I was being sarcastic in the above comment. Thank you.
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Nov 1 2011, 02:03 PM
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#49
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Rank: F5 Superstorm Group: Member Posts: 2,311 Joined: 29-February 08 From: Fairfield, Maine Member No.: 14,053 |
QUOTE(CMeyers @ Nov 1 2011, 10:51 AM) If you're playing games with leveraged ETFs take a gander at FAS and FAZ. FAS is a bullish financial ETF while FAZ is the direct opposite. If you have time you can trade them back and forth a couple of times during a day and make money in every direction the market is moving. Worth realizing that the risk of playing with 2 and 3 times leveraged ETFs is very, very high. If you guess wrong and the market goes up 2%, you end up losing 4%... Happily it works the other way as well! It's just a big casino, SDS opened this morning at 21.34........ 
-------------------- " it don't get no better than this "
If you like snow so much come shovel me out!! |
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Nov 8 2011, 01:56 PM
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#50
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Rank: F5 Superstorm Group: Member Posts: 4,011 Joined: 24-January 08 From: Michigan Member No.: 12,971 |
QUOTE(aaastinkie @ Sep 23 2011, 02:52 PM) Bought some BAC today @ 6.37.........ain't this fun!! Paw just bought BAC today at 6.46 - Yeah! -------------------- Life should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body. Rather it should be to skid in sideways, chocolate in one hand and the Good Book in the other, body thoroughly used up, totally worn out and screaming "WOO-HOO what a ride!" |
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Nov 8 2011, 05:01 PM
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#51
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Rank: F5 Superstorm Group: Member Posts: 2,311 Joined: 29-February 08 From: Fairfield, Maine Member No.: 14,053 |
QUOTE(Maw @ Nov 8 2011, 01:56 PM) Paw just bought BAC today at 6.46 - Yeah! I'm still long on my BAC, but willing to dump on a moments notice. In a double short on (SDS) this time I was coached by one of my paid pros. It's going the wrong way again, hope I don't stop out before it turns around. Been losing $ pretty steady.....back into the green due to a gold play this week (GLD). And that's today's stock report....
-------------------- " it don't get no better than this "
If you like snow so much come shovel me out!! |
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Nov 9 2011, 07:13 AM
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#52
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Rank: F5 Superstorm Group: Member Posts: 1,040 Joined: 29-May 10 From: Delton, MI Member No.: 22,879 |
QUOTE(aaastinkie @ Nov 8 2011, 05:01 PM) I'm still long on my BAC, but willing to dump on a moments notice. In a double short on (SDS) this time I was coached by one of my paid pros. It's going the wrong way again, hope I don't stop out before it turns around. Been losing $ pretty steady.....back into the green due to a gold play this week (GLD). And that's today's stock report.... Yesterday before close I put most of my money in a few choice stocks thinking we'd be up at the open. However, as a hedge I made a fairly significant trade against the euro in the forex market. I didn't think there'd be a big move either way. There is. Looks like we'll be down about 2% at the open. The Euro is down huge against the dollar so I made a killing on that trade. Unfortunately probably going to get killed on my stock picks (though not too bad according to early hours trading). If the market turns around and I time it right this could be a really good day If you held on to that SDS you'll be very happy this morning. It's up 5% in early hours trading. Might consider dumping it not long after the open today. Might want to stick it out for a little bit to see if we continue the downward trend in the market or if it turns around and moves a little towards the up side. The news causing the market to drop at the open isn't really anything that wasn't on the table yesterday afternoon while we made a big run-up near the close, so it's kinda hard to believe the whole day will be full of negatives. BAC at 6.29 for the open it looks like. If you want a little upside maybe buy it early but banks are going to be hit hard for a while today at least. Depending on which experts you listen to there are some signs that banks might make a bit of a run towards the end of the year. I'm still about as bearish as you could possibly be about BAC. But, if it turns out to be a solid company it's very, very cheap currently... -------------------- ChsChargers09 - Please be aware that there is a significant chance I was being sarcastic in the above comment. Thank you.
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Nov 9 2011, 08:11 AM
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#53
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Rank: F5 Superstorm Group: Member Posts: 4,011 Joined: 24-January 08 From: Michigan Member No.: 12,971 |
QUOTE(mmi16 @ Aug 31 2011, 11:49 PM) If you follow where Warren Buffet puts his Billions in play, you will rarely go far wrong. I sure hope mmi is right. Mr. Buffet invested a few billion in BAC recently. -------------------- Life should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body. Rather it should be to skid in sideways, chocolate in one hand and the Good Book in the other, body thoroughly used up, totally worn out and screaming "WOO-HOO what a ride!" |
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Nov 11 2011, 09:59 AM
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#54
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Rank: F5 Superstorm Group: Member Posts: 2,311 Joined: 29-February 08 From: Fairfield, Maine Member No.: 14,053 |
Making money on GLD in last week at 171, out this week at 174, back in yesterday at 169.58
Taking it on the chin on SDS, in at 20.37, stop set at 19.30 I only have 100 shares of BAC, but think day trading it would be better than going long as I have been.. -------------------- " it don't get no better than this "
If you like snow so much come shovel me out!! |
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Nov 11 2011, 11:18 AM
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#55
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Rank: F5 Superstorm Group: Member Posts: 2,311 Joined: 29-February 08 From: Fairfield, Maine Member No.: 14,053 |
Put a stop loss on GLD and it hit at 172.75, I'm out of GLD....for now.....
Canceled my stop loss on SDS, will buy more on todays dip.... -------------------- " it don't get no better than this "
If you like snow so much come shovel me out!! |
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Nov 11 2011, 12:22 PM
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#56
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Rank: F5 Superstorm Group: Member Posts: 2,311 Joined: 29-February 08 From: Fairfield, Maine Member No.: 14,053 |
Just doubled down on SDS, S+P 500 better tank next week......
-------------------- " it don't get no better than this "
If you like snow so much come shovel me out!! |
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Nov 14 2011, 07:59 AM
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#57
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Rank: F5 Superstorm Group: Member Posts: 1,040 Joined: 29-May 10 From: Delton, MI Member No.: 22,879 |
It's worth realizing two things about Mr. Buffet... 1 - He doesn't buy the same shares you buy. He gets preferred stock and at exceptional prices. Companies WANT him to invest with them so they give him VERY good deals. 2 - He invests with 5+ year horizons. If Buffet buys a stock today it doesn't give much light to whether he thinks it will go up or down in the near future. Typically it's an endorsement that he believes the company is good and that it will give strong returns over a 5-10 year period. Often times that period is outside the range of many investors. Good for 401ks, not so good for people trying to make some money betting on a particular stock rising in the nearish term. -------------------- ChsChargers09 - Please be aware that there is a significant chance I was being sarcastic in the above comment. Thank you.
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Nov 15 2011, 04:52 AM
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#58
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Rank: F5 Superstorm Group: Member Posts: 2,311 Joined: 29-February 08 From: Fairfield, Maine Member No.: 14,053 |
QUOTE(aaastinkie @ Nov 11 2011, 12:22 PM) Just doubled down on SDS, S+P 500 better tank next week...... I have a long time range, I've been in SDS since last week...... Dollar up, S+P 500....down.....
-------------------- " it don't get no better than this "
If you like snow so much come shovel me out!! |
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Nov 15 2011, 11:32 AM
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#59
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Rank: F5 Superstorm Group: Member Posts: 1,040 Joined: 29-May 10 From: Delton, MI Member No.: 22,879 |
Put my real money in CHK today. I'm liking an upside of $35 by the end of December. Looking for a nice 40% gain. Time will tell...
-------------------- ChsChargers09 - Please be aware that there is a significant chance I was being sarcastic in the above comment. Thank you.
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Nov 15 2011, 11:38 AM
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#60
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Rank: F5 Superstorm Group: Member Posts: 1,040 Joined: 29-May 10 From: Delton, MI Member No.: 22,879 |
QUOTE(aaastinkie @ Nov 15 2011, 04:52 AM) I have a long time range, I've been in SDS since last week...... Dollar up, S+P 500....down..... Unfortunately Friday I bet the other way on the market. Currently sitting on a big loss in the Euro trade along with a lousy position in FAS... Your play sure is looking good right now 
-------------------- ChsChargers09 - Please be aware that there is a significant chance I was being sarcastic in the above comment. Thank you.
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