People keep saying that the stock might hit $200+ within the next few months.
***Tripster's 2008 Investments (Ongoing thread)***
- Thread starter Tripster
- Start date
People keep saying that the stock might hit $200+ within the next few months.
Please tell me why. On what do you base your forecast. Apple isn't doing any thing new within the coming months.
So Im in "DISK" 4125 shares @ 1.59usd average.
They had a merger agreement on the table from June 2007.
Had the deal gone through , they would have been bought out for 4.68/share.
The terminated the agreement today b/c the buyer couldnt/did not want to come up w/ the funds.
Stock opened @ 1.98usd.
After Hours, Bid is 1.15 and Ask is 1.20
Now what?
I think 1.10 is the bottom.
They had a merger agreement on the table from June 2007.
Had the deal gone through , they would have been bought out for 4.68/share.
The terminated the agreement today b/c the buyer couldnt/did not want to come up w/ the funds.
Stock opened @ 1.98usd.
After Hours, Bid is 1.15 and Ask is 1.20
Now what?
I think 1.10 is the bottom.
Never that.
I didn't do too bad yesterday, because I was shorting 100 shares of BIDU. Also shorted YHOO (that was too easy). A down day in the market doesn't have to mean a down day for you, but you have to learn some patterns of the market. But I'm getting hammered right now on TGB, but its a long term play for anyway, so its all good.
Just gettin into the shit, starting to understand it and along comes ur post, good look
Never that.
A down day in the market doesn't have to mean a down day for you, but you have to learn some patterns of the market. But I'm getting hammered right now on TGB, but its a long term play for anyway, so its all good.
You explain the process of shorting. I don't understand what the options mean. "Short to cover" etc.
Bump. I don't understand "Shorting" also, can some please break it down or direct us to where we can read about it?
I use Bank of America and I get unlimited free trades. You can also get 30 free trades with them if you have an "advantage checking" account with them.
You can withdraw your money freely by transferring into your checking account whenever you want.
Taxes: You report your earning or losses at the end of the year. Turbo tax automatically downloads all your transactions from your B of A brokerage account and calculates it for you.
Go with B of A, in my opinion.
I went to B of A yesterday and was told this was only available with business accounts not personal ones.
Bullshit!! I just did mine about 2 months ago. Check this out:
https://www.baisidirect.com/Static/SelfDirected/BrokerageAccounts/BrokerageAccounts.html
Don't bother going into the bank. Open up an advantage checking account and call B of A brokerage department customer service, they were very nice to me and eager to get your business. Don't mess with those miserable clowns in the bank. They don't know too much
Caveat: the offer may be different for CA residents. It appears that you need a 25K deposit to qualify in CA.
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Bullshit!! I just did mine about 2 months ago. Check this out:
https://www.baisidirect.com/Static/SelfDirected/BrokerageAccounts/BrokerageAccounts.html
Don't bother going into the bank. Open up an advantage checking account and call B of A brokerage department customer service, they were very nice to me and eager to get your business. Don't mess with those miserable clowns in the bank. They don't know too much
Caveat: the offer may be different for CA residents. It appears that you need a 25K deposit to qualify in CA.
Thanks man.
Im currently with Wellsfargo and they have 100 free trades a year with the same balance.Even though thats alot less than the 30 per month that B of A has,since im new I think it should be sufficient.If not,I'll bounce when I get close to the 100.
if you want to make some quick money on the daily basis i would pick up some of that luke entertainment stock early in the mourning and then get ride of it in the afternoons. The best performing day i saw it have so far was it opened at .44 and closed at 1.50. It is not a long term investment unless you want to hold out for them to sign a big name player, but on the short term it is good money.
.15 cents a share.
I don't know but here's one opinion:
http://seekingalpha.com/article/63627-apple-s-valuation-is-looking-attractive-again
Seems you fell in love with the stock.
When a stock falls, determine how much (%age) you are willing to lose.
When it hit that threshold, get out...............
You could always get back in on the way up.
The economy is in deep shit right now so consumer electronics is not where people are going to spend money.
Do not fall in love with the stock. Fall in love with the %age increases of the stock (decreases for selling short).
Buy on speculation, sell on news.
What makes you think that the stock isn't over-bought already???
You need to catch the train before it leaves the station, not after.
Better luck next time, that is where research comes in to catch the wave before it jumps........
Keep at it bro..........
Thanks, I appreciate your erudite responses man. That's what I was thinking too.
Had me looking up the meaning of "erudite" on dictionary.com
I learnt something too..........
Just helping out because I got burned buying after the good news, passing on the lessons.....
Had me looking up the meaning of "erudite" on dictionary.com
I learnt something too..........
Just helping out because I got burned buying after the good news, passing on the lessons.....
LOL!!!
Yeah, my dad used to do that shit to me all the time when I was growing up, except I had to use a book dictionary
LOL!!!
Seems like it paid off pops............
Sorry fam, I was out of pocket the last few days on business, and I'm still out of town, but I'm back to make some millionaires.
I really appreciate the knowledge and input from some of the experienced brothers on this thread. Keep it coming!
Haven't done as much trading this week as I normally do, but I am very active with BIDU. I generally bought some more at $233 after shorting it from $259. Its back on its way up and I'll probabaly sell at $275 and continue the cycle by shorting again. This is what we call a "channel" in the stock world. You can make a killing off of a predictable channel, but as always be very careful.
BIDU earnings come out on 2/13. I happen to believe that they will meet expectations (which may not be good enough for the market) and their guidance will be lower (that will cause the stock to drop in price 10-15%).
I really appreciate the knowledge and input from some of the experienced brothers on this thread. Keep it coming!
Haven't done as much trading this week as I normally do, but I am very active with BIDU. I generally bought some more at $233 after shorting it from $259. Its back on its way up and I'll probabaly sell at $275 and continue the cycle by shorting again. This is what we call a "channel" in the stock world. You can make a killing off of a predictable channel, but as always be very careful.
BIDU earnings come out on 2/13. I happen to believe that they will meet expectations (which may not be good enough for the market) and their guidance will be lower (that will cause the stock to drop in price 10-15%).
man i was trying to get into etrade but this account verification and everything has taken too long on optionsexpress. I appreciate all the ideas, now it jus time 4 me to do research. ya'll really r some good dudes cause most niggaz know this shit and try to keep it 2 themselves. I preciate all the love
If you really want the funds to get into the account quickly just wire it. Some banks allow you to wire funds for free. Washington Mutual does with certain kinds of accounts. Just verify that you have the right account when you go to the bank to do it. If not just get it.
i got a co-worker that buys a few ounces of gold with every other paycheck. its a great investment. i am gonna start doing the same in April.
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