***Tripster's 2008 Investments (Ongoing thread)***

[ChosenAkaTheOne]

Jus learned the difference between a buy order and limit order today... Got my morning text PAL was up 9.29 and then when I went to buy some DIGA stock I see PAL fell to 8.45! PAL seems to always have these up and down days, I should've bought more... but I'm in in for the long haul, just being patient

 

[consiglere]

What's on tap for today.......

Well,,,i have to think that PAL/SWC will be JUMPING a good amount today,overnight the asian/zurich markets took palladium up to 560/oz, platinum stood firm around 2150/oz. Yesterday, PAL had a pullback, why I have no clue, i think today it will recover what it lost and some additional...SWC will also be moving upwards...Lets see 10 on PAL..

www.apmex.com www.bulliondesk.com www.kitco.com

Ok so Cramer, opens his mouth & says like a serpent things about AGs,,so damn two sided he can be,,not a fan of the dude, by the way, just for record (don't know how he maintained a reputation after the '01 crash)...anyway, you can peep the video here on his two sided speak.. www.cnbc.com/id/15840232?play=1&video=665278814&__source=yahoo|headline|quote|video|&par=yahoo

Basically, he just shot Ags in the foot, boldly saying theyre going down today, but then stating they are good to be in...So ofcourse, traders already are pushing them down this am, he's high on MOS which makes me almost want to bail on MOS, but, i won't.....anyway, we'll see how it turns... PAL & SWC - good today, AGs- due to Krammer slight pullback,...

Yo Popoz, where do you check current prices of Plat., and Palladium?

 

[popozudalvr]

www.apmex.com www.bulliondesk.com www.kitco.com bulliondesk is best, apmex second....

I think it will bounce back, seeing there may have been a scheduled sell from a major shareholder,,once the platinum metals are doing ok, we'll have to deal w/ these shakeouts.,,,I'm glad the AGs ain do as Krammer said,,,hopefully it stays so, 4 hours to go, lots can happen,,,looks like a rate cut in the works,,

 

[456.North.side]

good info pop keep um coming you looking at anything else for next week? (when my funds will post)

 

[jagu]

PAL just reached 8.03. Is this s good time to buy or will I be catching a falling knife?

 

[Tripster]

TGB is at 4.93.

 

[offwork]

Well I'll be damned...I bought more at more at 8.70. Then said fuck it and put a buy limit in for $7.80. I'm still up over 100% on Etrade. Thinking about taking some of that and dropping in in PAL & TGB. Why PAL and not SWC? Can we expect the same from SWC?
I plan on acculating from here on even if its just a hundred bucks. I want that feeling Tripster was talking about...finacial independence!

 

[popozudalvr]

I have to say, thelast two days have kid of caught me off guard. Was it time for some profit taking by those who held shares in the 3+ area? very well could be. The insider selling of a few million scheduled shares also took a hit with PAL...it bottomed around 7.80 & rebounded to close around 8.40, 2 consecutive daysin the red, which hasnt happend to PAL in a while. With palladium prices where they are, the prospect is still great for furhter returns, I gurantee some got shook today & some had stop limits taken out...will hope for better in the days ahead...it maybecome more volatile as well...but the opportunity has not changed...sit tight..
SWC & PAL will not move in tandem,so what happened today was a PAL issue. SWC stood well..another day tomorrow,,,we'll see

 

[^SpiderMan^]

Novice Question:
Why would anyone buy a stock that is $200 a share? It seems with such a high cost,it would take forever to increase the investment.Say it went up to $210,unless you invested 100k,you really wouldnt make much of a profit.As opposed to buying a stock that was $4 for and it went up to $5.50?

 

[jagu]

Novice Question:
Why would anyone buy a stock that is $200 a share? It seems with such a high cost,it would take forever to increase the investment.Say it went up to $210,unless you invested 100k,you really wouldnt make much of a profit.As opposed to buying a stock that was $4 for and it went up to $5.50?

My thoughts too. But I think it's a safer investment especially on a long term if the company is a solid innovator like Apple.

 

[Notorious P.I.M.P.]

I think Apple is back on it's way up

122.96 +3.81 (3.20%) Feb 27, 4:00PM ET

After Hours 127.30 +4.34 (3.53%) Feb 27, 7:59PM ET

gaining some of my losses back

 

[Darrkman]

Dark, in order to use short stocks, margin, or trade options w/ Ameritrade you have to fill out a form and get approved. I would suggest that in order to get approved, you "exaggerate" your experience level. If you get denied, you can't reapply for 90 days. Just know that they may check your credit as part of the approval process (they didn't give me a definite answer on that.)

Wow..thank you for the info. I would actually hope they check my credit. I have my credit rating up to 798 at the moment. Took some discipline and hard work but you should see how I get treated when places see that number.

 

[jagu]

I have my credit rating up to 798 at the moment. Took some discipline and hard work but you should see how I get treated when places see that number.

"Would you like some cappuccino, Mr Darkman?"

"Would you like to take the car home for 2 nights before you buy it , Mr. Darkman"

" I can bring the paper to your office to sign, Mr Darkman"

 

[kjxxxx]

I need a nickel play. BHP nickel mine in Columbia going on strike

 

[kjxxxx]

Wow..thank you for the info. I would actually hope they check my credit. I have my credit rating up to 798 at the moment. Took some discipline and hard work but you should see how I get treated when places see that number.

This is one of the reason I use optionsxpress and when I open an account I apply for everything I can get. Futures, options, margins.

My income is 60k, my liquid is 150-250k, my non liquid is 250-500k. I used to have that. I don't anymore. But this is what I will put on every application even when I am 1000k in debt. My net worth on these apps will be what it used to be. or what it needs to be to get approved.

 

[ChosenAkaTheOne]

TGB is at 4.93.

Had 2 make the decision, put 5 into diga or tgb... shoulda put it in tgb today obviously

 

[Darrkman]

"Would you like some cappuccino, Mr Darkman?"

"Would you like to take the car home for 2 nights before you buy it , Mr. Darkman"

" I can bring the paper to your office to sign, Mr Darkman"

Bro. My wife's rating is 780. When she bought her car they let her put the $5,000 down payment on a personal check AND DRIVE OUT THE LOT. I was like WTF?!?!?! I kept looking over my shoulder.

Next I'm gonna do like Eddie Murphy and put myself in whiteface. I wonder is bank tellers will start blowing me!!

 

[jagu]

I hear you Darkman, thankfully, it's like that for me and my wife too. Keep it up bro

 

[Love2F Black BOOTY]

This thread is better than listening to Cramer.

Do any of you trade in penny stocks?

Any info will be appreciated

 

[popozudalvr]

Novice Question:
Why would anyone buy a stock that is $200 a share? It seems with such a high cost,it would take forever to increase the investment.Say it went up to $210,unless you invested 100k,you really wouldnt make much of a profit.As opposed to buying a stock that was $4 for and it went up to $5.50?

The possibility exists for a stock to be at 200 and be undervalued. So while the price can still appreciate, some would see it as a worthwhile investment. I agree with you in that, perventage wise its never going to look as good. For a $200 stock to double it'd have to hit $400 and that could take a while. I remember with GOOG early on, had a position at around $380 per, while it was cleat to see it would go higher, the percentage return would be better elsewhere. I tend to look for low price, high ceilings. The big ticket items are high priced low ceilings, part of the reason I parted w/ POT was the fact that on apercentage base, PAL was simply a better bet, getting 30% on POT, to me seemed alot more difficult than 30% on PAL. It would appear PAL will fluctuate in this region/possibly pull back even more, but the picture is still good for the near term & long term,we'll have to see. Be careful of those stop loss orders, seems like market makers are after shares..

 

[madscientist314]

Novice Question:
Why would anyone buy a stock that is $200 a share? It seems with such a high cost,it would take forever to increase the investment.Say it went up to $210,unless you invested 100k,you really wouldnt make much of a profit.As opposed to buying a stock that was $4 for and it went up to $5.50?

I think the cheaper stocks that have been discussed in this thread are better for those of us that don't have as much seed money. That way, we can buy many more shares and take full advantage of either small or large changes in price. Our collective mentors on this board have picked some pretty good ones too: PAL, ETFC, TGB, CFC are all under $10 and have good prospects for price growth (COIN too @ $12-13). Even though I've missed some of the major run-ups like those in January and PAL & TGB over the last two weeks, but I've still made about $2000 in the last month using a cash account (no options, yet) on only a $8500 investment. If the more experienced folks disagree, please let me know.

In the end though, what's most important is getting into stocks that have the highest potential for growth (haven't gotten to shorting yet; still trying to identify the "channel"). If I can get a 5-10% short-term gain off of BIDU (up ~9% today), AZZ (up ~10% today), or even AAPL then that's what matters. POT and MOS are both above $100 and have shown some really nice percentage gains in the last few weeks, whereas CFC hasn't shown as much short-term gain (still probably a good long position though).

On another note, I haven't been tracking BIDU for that long, but it took it's upswing today. How high do you think it will go before it reverses?

 

[^SpiderMan^]

Yeah I hear yall but it just seems like you have to invest a huge amount just to get the same return you would get from a CD which is guaranteed.Just to get my feet wet,I invested a grand in GLD.It has been going up and I made about $30.Say I invested that same amount in a cheaper stock that went up the same amount of points,I would have made 10 times that.Why would anyone invest in say Berkshire Hatway which is like $1500 a share?

 

[epyon]

which of the trading sites can you use to buy foreign currency or do you just buy the currency at the bank

 

[madscientist314]

Yeah I hear yall but it just seems like you have to invest a huge amount just to get the same return you would get from a CD which is guaranteed.Just to get my feet wet,I invested a grand in GLD.It has been going up and I made about $30.Say I invested that same amount in a cheaper stock that went up the same amount of points,I would have made 10 times that.Why would anyone invest in say Berkshire Hatway which is like $1500 a share?

I agree and I personally am only buying the cheaper stock now. Like Popo said, it's more likely that a lower priced stock will provide larger percentage increases. And, when one can purchase more shares, there's more money to be made (or lost) when the price only changes a few cents. But, the caveat here is that no matter what stock you invest in, it has to have growth potential (or loss potential if shorting).

 

[popozudalvr]

Knowing what you own,,,
As I advised the board prior, always put a bit of research into the stocks you are purchasing, I know many of you have educated yourself on the situation in South Africa & how it correlates to the supply concerns for platinum & palladium, and also the usage of a platinum & palladium. You have to know what you own, unless you're looking for a quick trade. PAL is going to reap the rewards of this bull Plat/Pall market, for one they are fully unhedged, so they sell at market prices, they hold reserves & operate outside of South Africa. As of now, the palladium price stands at $568/oz, plat is $2146/oz, the gap between the two has to trim. Platinum has moved up heavy, Palladium has yet to. So, while PAL the stock is treading water looking for a footing, its important to remeber that mid January the stock was below $4.00, if some are taking profits then let them - the long term prognisis of the Commodity bull in fully in tact, there will be major volatility, as you all in PAL now see. Have confidence in what you're invested in, and know the story behind why you got in...I'm hoping PAL stays green & closes around 8.75+, SWC is just tacking on a few cents aday, just the way to do it,,silently..

 

[dig it]

TGB is at 4.93.

still climbing at 5.32 now

 

[popozudalvr]

still climbing at 5.32 now

Nice, pick on TGB whoever dropped it, don't have a position, anyone have a quick synopsis on the stock??
Looks as if it's had a strong rally, could be just the flow of most metal/miners.

 

[popozudalvr]

Well PAL has set the stage,, tommorow is Friday, and it seems like on every Friday, PAL always is heavy on the buy side because no one wants to chance a weekend spike in the metals, so they buy the stock.For I think 5 weeks in a row, it's had green closes on a friday. Palladium has touched 580/oz heading into the night on the asian/zurich markets...will 600 be tested?? let's hope so...Should be interesting day in PAL tommorow..hang tight,,i hope the shakes are over & we can continue upwards...let's tackle 9.00 and above. 2 weeks to go before earnings..

 

[offwork]

CNBC has been throwing the word "Bubble" around alot lately but I am confident in my PAL investment. Woulda coulda shoulda got in earlier but still appears to be cheap. Especially seeing how pall & plat are rising. Someone prior used the word mentor. I think that was a great acknowlegement.

 

[popozudalvr]

CNBC has been throwing the word "Bubble" around alot lately but I am confident in my PAL investment. Woulda coulda shoulda got in earlier but still appears to be cheap. Especially seeing how pall & plat are rising. Someone prior used the word mentor. I think that was a great acknowlegement.

CNBC throws out all the hot words in heavy abundance,oil,commodities,bear,recession,bubble. Palladium/Platinum is no bubble, simply a supply/demand economic. I personally hope the Mine Workers in South Africa go on strike, as they will meet next week to plan & do. If that should occur, what a spike you will see in ALL metals pulled from South Africa...

http://audability.com/AudabilityAdm...M/primary_d1-rm3_stillwater.aspx?Event_ID=571

South Africa is going to be a big challenge, Near term & long term PAL & SWC are great, look at SWC, already close to 20, Morgan has a 26 terget out on it, to me that is only the beginiing...

 

[Darrkman]

Another article on the Chinese market. I'm feeling the company Ctrip.com (CTRP) in China. they're an online travel site..kinda like Expedia. Remember the Olympics will be coming to China soon and tourism is becoming a growth industry in the country.

damn I'm feeling like a prophet right now. Which means I'll fuck something up in the next 2 days.

 

[offwork]

A partner of George Soros(who is a large shareholder in PAL) rips into the U.S. economy. Going as far as predicting gold reaching over $3,000 per ounce. Sounds like a bitter venemous attack to impress foreign investors in Japan. But I still wouldnt sleep on this.
http://nov1.m.yahoo.net/nov0/IJuG0K....uk/tol/business/economics/article3451136.ece

 

[456.North.side]

thought i would update as i wait for the next buy suggestions:

From Jan 15th Post..Returns on the ones Popo dropped:

POT 1/18-$122 NOW $159,+32.78%
MOS 1/18-$80 NOW $110, +36.8%
PAL 1/18-$3.76 NOW $8.49, +123.68%
SWC 1/18-$8.13 NOW $20.47,+144.98%

*Figures per Finance.google.com mid day on 2/29

 

[water]

thought i would update as i wait for the next buy suggestions:

From Jan 15th Post..Returns on the ones Popo dropped:

POT 1/18-$122 NOW $159,+32.78%
MOS 1/18-$80 NOW $110, +36.8%
PAL 1/18-$3.76 NOW $8.49, +123.68%
SWC 1/18-$8.13 NOW $20.47,+144.98%

*Figures per Finance.google.com mid day on 2/29

Good job on that quote.

We should have that every 2 weeks..

 

[popozudalvr]

Thanks for the updates, on those, let me put the final closes up for Feb.
From Jan 15th Post..
***February Month End Closes***
POT 1/18-$122 NOW $159,+32.78%
MOS 1/18-$80 NOW $111, +38.75%
PAL 1/18-$3.76 NOW $8.41, +123.67%
SWC 1/18-$8.13 NOW $20.53,+152.52%

Lets also add these as they are also quite inportant:

Silver 1/18-$15.82 NOW $19.81, +25.22%
Platinum 1/18-$1560 NOW $2161, +38.52%
Palladium 1/18-$369 NOW $567, +53.65%
Gold 1/18-$881 NOW $974, +10.55%

The big picture still looks great on all these picks, the PGMs are highly bullish & with PAL to deliver earnings in 2 weeks, whatver is expected of them they should come in on the better end. We've had a runup, and its good that there is a cooling, a basing if you will. Palladium will soon take out $600, and proceed ahead. Those who got in on PAL in the 9s,,relax, & know what is at hand. Thanks to South Africa, PAL & SWC will move phenominally further to the upside. By March end, I expect to see more smiley faces on the thread..lol...We'll update this at month end MArch to see where htings stand..
http://messages.finance.yahoo.com/S...m=tm&bn=13737&tid=19162&mid=19162&tof=3&frt=2

http://www.napalladium.com/pdf/NAP200802.pdf