the slide continues, i really wish i had some more money. i wanna scoop up shares of MOS, i mean how much more can that stock fall? my portfolio is down 40% the past 3 weeks, so im just gonna wait it out, id lose too much money if i sold at my current position. hope the rest of yall are hangin in there.
***Tripster's 2008 Investments (Ongoing thread)***
- Thread starter Tripster
- Start date
man i guess mutual funds aint even safe anymore. i got roth ira this april and put in $4,000(max contribution for 2007 tax year) and i put that in the large cap fund w/vanguard and that shit is now worth 2500, im losing everything i have
, and i dont have much to begin with in the first place
, and i dont have much to begin with in the first place
What can I say fam, its all pretty ugly. All I'm doing is holding what I have, after I took profit in what little I had in the green. Keep some cash on the sidelines, to get ready and pounce at the bottom.
But please, no matter what you do, DON'T TRY TO GUESS THE BOTTOM. That's a recipe for disaster. Trust me. Wait till the bounce back up, and then get in.
But please, no matter what you do, DON'T TRY TO GUESS THE BOTTOM. That's a recipe for disaster. Trust me. Wait till the bounce back up, and then get in.
man i guess mutual funds aint even safe anymore. i got roth ira this april and put in $4,000(max contribution for 2007 tax year) and i put that in the large cap fund w/vanguard and that shit is now worth 2500, im losing everything i have
I sold all of mine and I'm sitting this one out for a little while........
Thanks Trip, good advice...I was trying to guess the bottom..but your right. I would end up losing more money. I'll just have some paper ready for the come up. I'm a newbie to the stock thang..so i'm following your lead sir.
Keep us in tune to what you see to get in on.
Yo fam, good lookin on this one fam. I copped..and shit went up like $3 right after i copped.
I only had enought to cop 1 share, but fuck it..money made is money made.
If you got anymore feel free to holla
Are you paying tranaction cost? You should be buying one share of MOS, or almost any stock, if you paid a fee.Yo fam, good lookin on this one fam. I copped..and shit went up like $3 right after i copped.
I only had enought to cop 1 share, but fuck it..money made is money made.
If you got anymore feel free to holla
I hope everyone realized I meant to say "shouldn't be buying one stock."
ooh yeaaah..i see where you coming from. It dont make sense. By the time you make a lil bread it just covers your transaction fees. Gotcha...Just learned something...fundamental mistake...won't happen again
Has anyone been watching COINZ lately? I've noticed for the past 4-5 weeks , that as soon as it dips below $3, it turns around and gets consecutive gains of around 15-20%. It's very risky though since the average volume is so low.
Put it on your watch list and monitor it for a month before you make a move. my $0.02
Put it on your watch list and monitor it for a month before you make a move. my $0.02
I guess I dont see the issue with one stock if it was all he coudl do that was better than doing nothing? (in most cases)
Good looking Cobra I copped those
Good looking Cobra I copped those
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newbie here, ques. if i bought 1000.00 of
UltraShort Financials ProShares SKF Bear Market ProShares Trust 16.36% 33.28% 57.25% 114.88% N/A
what would be my return, and are these numbers what to expect or is this based on past averages
Been some crazy times, i guess if there is an ultimate lesson here is that No Investment is safe, then one could play it safe & have no investment...but in the end i think most realize you have to invest in some regards in somethings....this market proved to me, that you can't play a market even if you play at times the right parameters, in a normal tning of the market, most gold stocks & gold price would be flying, but that did not occur...it's been one oddity after another, guess we can only hope to survive it to battle it another day...I'm holding plenty of red, but as an investor I hope the places I've invested are going to be solid in the longer term(ie ags/metals/energy)...as for those financials,,,i don't think the bottom has come in yet (mayeb it has in price) but, i think there are more to fall/consolidate before the fiasco is put to rest...hope allz well....
All depends if the market continues to tank, all those Ultra Short are betting the market will slide further & if it does, the returns will continue to grow..if the market hits a bottom & bounces off & ralllies, the ultra short returns could easily get sucked down, still most of those funds are up so much in a short time frame that, you have to suspect a correction will occur, & they will either slow down on the returns or begin to deliver negative (lower) returns...
All things are worth a gamble tho I suppose...
COINW will be interesting, they have extended the redemption on it till Nov 18th, so at a minimun you will get .25c from the company for the warrant, now,the risk is SO low..COINW is trading at .33c, so you buy now all you are taking on is a .08c risk, for waht could be a phenominal return...IF COIN rallies (we all know how crazy COIN can be), COINW could shoot up, should it NOT run, the worst you will get is .25c from the company for the redemption of the warrants...
think about that play...the risk/reward on it is much favoring reward...PLUS it is dirt cheap...
I got in on Visa yesterday at $48 and some change
From Yahoo! Finance: BOSTON--(BUSINESS WIRE)--Converted Organics Inc. (NASDAQ:COIN - News, COINW - News, COINZ - News) today announced a common stock dividend of three (3) shares of common stock for each twenty (20) shares of common stock outstanding, payable to all holders of record of the common stock on November 17, 2008. No fractional shares will be issued in connection with this stock dividend. This dividend will be paid on approximately December 1, 2008 to all shareholders of record on November 17, 2008.
Converted Organics Inc. Announces Placement of Organic Fertilizer with The Home Depot(R)
http://news.moneycentral.msn.com/ticker/article.aspx?Feed=BW&Date=20081028&ID=9328166&Symbol=COIN
as i said the COINW would play lovely...hit .50 today, .38 now, with only a maximum downside of .25....
as great a play as there is out there today...
i'll be getting this dividend, think it's good to increase my shares, staying long with this play. It's the best performing AG this year.. lol
AGs will be back tho
revenue & growth, those are the two main ingredients. This market we see now is more of a momentum market that often dispells the old school notions of "investing" vs trading. people are out for the quick return 7 & more apt to feel injured when they don't get it. Long term if you invest if good co's(increasing revs/profits,great margins) you more than likely cannot go wrong, you maybe down but alot of that happens in the long term course. Numbers a company produces are very important & if they prodcuce something vital (ie Ags) then you got a winnig combination,,,but you might have to wait, till these hedgies decide it's time to move again
AIG is essentially a trading stock that for the near term will have heavy volatility & fluctuations. The company has its fair share of troubling times ahead, that being said the downside risk on a longer term play with it is only about $2.oo & If one is willing to place a low loss treshold, w/ potential high return long term bet on it, it could pan out to be a good play, much like ELN a few years back when they tumbled under 4.oo from being over 25.oo back in 2005, to recover to 35 in June of '08. AIG is going to be preserved, but as a short term investment it is but a trade.
ACH - great battered stock, with potential grand returns, commodities (like aluminum in this case, will recove) it is also a China play & when the credit markets open back up a bit & a little more free spending can freely occur, I expect commodity prices in base metals to recover, that being said, look for moves on FCX/X/MT/ and any major base metal producer, a cheap one is TGB. Another good China play will be CNOA, it's more of a China Agriculture/Food company
As for DUSA, biotechs went sour so long ago, it's dead money in dead space. The biotech field is full of bleeder companies, which never make a dollar, & bleed thru all the funding they have. If a biotech had a viable revenue bearing product then there is some potential, but most are always in some layer of FDA trials.
Look at companies with viable products & holdings.
Good Luck
Thanx for the help! Very much appreciated.
good info as always popo,
Thanks for that explanation. My dilema right now is that i have COIN shares so I will be getting the dividend. Right now COINW is at .26
if I buy COINW my risk is .11 damn do I want to get more coin to get more dividend or roll the dice on that COINW
decisions decisions...
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OK I hit the easy button and went half & half. Yo but this is fro the press release from Oct. 22 I know nothing is guarenteed but does this mean that a 1.47 is guarenteed?
Effect on Warrants
Holders of Converted Organics’ Class A warrants who elect to hold the shares acquired upon exercise of the warrant until the record date for the dividend will have an effective exercise price for their shares of common stock of $5.61. The current effective price is $6.46 per share of common stock, taking into account prior stock dividends.
This 15 percent special stock dividend will effectively reduce the exercise price of Converted Organics’ Class B warrants to $7.48, as the number of shares to be received upon exercise of one Class B Warrant will be 1.47 shares of common stock.
Effect on Warrants
Holders of Converted Organics’ Class A warrants who elect to hold the shares acquired upon exercise of the warrant until the record date for the dividend will have an effective exercise price for their shares of common stock of $5.61. The current effective price is $6.46 per share of common stock, taking into account prior stock dividends.
This 15 percent special stock dividend will effectively reduce the exercise price of Converted Organics’ Class B warrants to $7.48, as the number of shares to be received upon exercise of one Class B Warrant will be 1.47 shares of common stock.
im gonna get 3000 shares of coinw, i got 7 free trades on scottrade and i dont know of anything else good right now.
I dont understand none of this shit
I need to find a good book
I need to supplement my teaching income which is low
Id love to make a 100k a year
right now its half of that
Tipster is there any books you recommend??
NEEEEGrooo Please!
You know you clocking figaz over there!! Stop puttin on!
Hope you get some fam. I put a buy order in for 2000 shares & nothing yet...
Quick question,because you guys are some of the most knowledgable cats I know...was just reading an article on MSN about eleven states that prohibited the use of your credit history in the hiring process, do you guys know which ones they are?
i would check creditboards = for that one playa, i think thats a good move though.
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