Scuba Steve All American 6931 Posts user info edit post |
theres a whole lotta green in premarket trading 5/23/2006 9:05:42 AM |
ssjamind All American 30102 Posts user info edit post |
there better be. there's been a whole lot of red over the last week.
i've been using the red days to set up shop. must buy low and sell high -- or so they say. 5/23/2006 9:52:41 AM |
theDuke866 All American 52839 Posts user info edit post |
buy into GOOG now that it's back down to $375? 5/23/2006 9:57:34 AM |
BobbyDigital Thots and Prayers 41777 Posts user info edit post |
I personally don't like GOOG due to their refusal to provide any sort of guidance. The stock will probably do well, but I'm probably not going to ever own any common stock in GOOG. 5/23/2006 10:02:58 AM |
ssjamind All American 30102 Posts user info edit post |
hard to say; but if you're not risk averse, then yes pick up some GOOG. i've unloaded most of mine over time (above 400), and am seriously down to 2 shares. i've had my run with it and don't expect to get back in. 5/23/2006 10:05:41 AM |
theDuke866 All American 52839 Posts user info edit post |
yeah, i'm just thinking about buying 1-2 shares of GOOG
and some HLT 5/23/2006 10:09:09 AM |
deez29 All American 622 Posts user info edit post |
anf is where its at 5/23/2006 10:20:24 AM |
ssjamind All American 30102 Posts user info edit post |
http://tinyurl.com/lxq7x 5/23/2006 10:43:16 AM |
Scuba Steve All American 6931 Posts user info edit post |
look at the run on PEIX this morning!~ 5/23/2006 10:57:48 AM |
CharlesHF All American 5543 Posts user info edit post |
It would be great if RMBS would get to ~45 where it was a short while ago. I got in around 35 but didn't sell, hoping that it would go up a little more...whoops. 5/23/2006 12:09:11 PM |
State409c Suspended 19558 Posts user info edit post |
Why buy goog shares instead of the options? 5/23/2006 12:28:33 PM |
ssjamind All American 30102 Posts user info edit post |
hard to time options properly if you're new at this 5/23/2006 2:05:14 PM |
Mr. Joshua Swimfanfan 43948 Posts user info edit post |
TIE and ACI are making a com eback.
I need to get my hands on more SHLD whenever it dips... 5/23/2006 3:05:13 PM |
ssjamind All American 30102 Posts user info edit post |
goddammn what a fucking n00b
http://tinyurl.com/fhfpe 5/23/2006 5:17:44 PM |
Mr. Joshua Swimfanfan 43948 Posts user info edit post |
5/23/2006 5:26:08 PM |
CharlesHF All American 5543 Posts user info edit post |
MasterCard is about to IPO--any thoughts? 5/23/2006 8:23:41 PM |
State409c Suspended 19558 Posts user info edit post |
Quote : | " Bernanke's reminder via Bartiromo that a pause was not the same as the finish of the rate cycle hit financial markets unprepared and led to a brief sharp increase in interest rates. Many economists believe the Fed suffered some loss of credibility over the episode. Bernanke had not commented publicly about the incident before and Fed officials have maintained a stony silence about the Bartiromo report. Bernanke was pressed about the episode by Sen. Jim Bunning, R-Kentucky, who voted against Bernanke's nomination. Bunning said he had warned Bernanke to be cautious in his public comments. " |
Man, fuck that shit. Oh noes. The Fed cheif can't speak freely because an entire nation that plays in this highly speculative system might lose a little money. It's only fair if they can make money speculating.
I really hate the stock markets, with a passion. The whole concept of a public owned company via issuing of stock is a sham, but I'll get off the soapbox now because I don't have enough well founded arguments to battle the onslaught a comment like this will surely get.5/24/2006 8:46:15 AM |
Mr. Joshua Swimfanfan 43948 Posts user info edit post |
yeah, well you're bald 5/24/2006 8:57:36 AM |
State409c Suspended 19558 Posts user info edit post |
Rather, the idea of issuing stock to help a company grow is a great invention. But being able to trade this stock back and forth in real time, and consolidating massive amounts of capital and power into the hands of just a few people sitting there on the floor playing their power games and making themselves rich is stupid. 5/24/2006 9:53:10 AM |
ssjamind All American 30102 Posts user info edit post |
trillions of dollars say its not stupid
there is a market for capital markets that is so massive, that it doesn't matter what you think 5/24/2006 9:56:58 AM |
BobbyDigital Thots and Prayers 41777 Posts user info edit post |
So much for the Vonage IPO. Opened up at $17 as an IPO today, now has traded down to $15.12 http://finance.yahoo.com/q?s=vg
I hope none of you bought into it.
The amusing part is that the Wall Street firms that backed the IPO are not even backing the stock in the market. Usually, the lead under-writing firms will step in and start buying the stock if if starts to sink on the opening day. The Vonage stock continues to sink, it is now down to a hair above $15 and not a single underwriting firm has stepped in to buy the stock and provide support. Guess it will leave all the Vonage users who subscribed to the IPO holding the bag...] 5/24/2006 11:07:08 AM |
BobbyDigital Thots and Prayers 41777 Posts user info edit post |
Now at $14.91 (down over 12%) and falling.... No support in the market seen..
Too many people unwisely thought this was the next GOOG, but Vonage is nothing like Google. 5/24/2006 12:27:04 PM |
ssjamind All American 30102 Posts user info edit post |
its no BIDU either 5/24/2006 1:17:22 PM |
theDuke866 All American 52839 Posts user info edit post |
ouch! my holdings are really shitting the bed today, even more than they have for the last week. 5/24/2006 1:46:08 PM |
Mr. Joshua Swimfanfan 43948 Posts user info edit post |
Its all over the place today. 5/24/2006 1:51:35 PM |
BobbyDigital Thots and Prayers 41777 Posts user info edit post |
If you're a LTBH investor, and your positions have strong fundamentals, don't let market fluctuations freak you out. If you're more of a short term investor, trailing stops are your friend. 5/24/2006 1:52:27 PM |
ssjamind All American 30102 Posts user info edit post |
^ what he said
btw, LTBH = Long Term Buy and Hold 5/24/2006 3:09:04 PM |
theDuke866 All American 52839 Posts user info edit post |
yeah, i know the answer is to hang on and ride it out...it's just demotivating to watch things slide a little more each day... 5/24/2006 3:36:07 PM |
synapse play so hard 60939 Posts user info edit post |
good time to get in on PEIX not that its back near 30? 5/24/2006 3:59:31 PM |
WolfpackKC Veteran 481 Posts user info edit post |
obviously this thread is for the more knowledgeable stockholders, but where are some of the places online that you guys learned the basics of the market? 5/24/2006 4:25:48 PM |
ssjamind All American 30102 Posts user info edit post |
fool.com is a good place to start 5/24/2006 4:41:26 PM |
ssjamind All American 30102 Posts user info edit post |
not sure about PEIX...hanging on to what i picked up in the high 30s 5/24/2006 4:42:01 PM |
BobbyDigital Thots and Prayers 41777 Posts user info edit post |
http://money.cnn.com/2006/05/25/news/newsmakers/enron_verdict/index.htm?cnn=yes Skilling was found guilty on 20 counts of conspiracy, fraud, false statements and insider trading. He was found not guilty on eight counts of insider trading.
Lay was found guilty on all six counts of conspiracy and fraud. 5/25/2006 12:30:40 PM |
Scuba Steve All American 6931 Posts user info edit post |
Good
scumbags, both of them 5/25/2006 12:33:52 PM |
ssjamind All American 30102 Posts user info edit post |
tryin to catch me ridin dirty... 5/25/2006 12:39:08 PM |
Scuba Steve All American 6931 Posts user info edit post |
holy market rebound batman 5/26/2006 1:29:18 PM |
1 All American 2599 Posts user info edit post |
Quote : | "The whole concept of a public owned company via issuing of stock is a sham" |
it's a free country
nobody is forcing you to buy the stuff
5/26/2006 2:00:27 PM |
BobbyDigital Thots and Prayers 41777 Posts user info edit post |
More Fun with Vonage.... Users get allocated shares after the stock tanks....
http://techdirt.com/articles/20060526/0917258.shtml 5/26/2006 2:02:29 PM |
Scuba Steve All American 6931 Posts user info edit post |
Well, I hope that any of you have been following some of my pink sheet picks didnt get too nervous and dump them all. They have rebounded back as much of the rest of the market. 5/26/2006 2:29:51 PM |
theDuke866 All American 52839 Posts user info edit post |
Quote : | "The whole concept of a public owned company via issuing of stock is a sham" |
What in the hell?
Are venture capitalist organizations a sham?
what about banks who loan money for people to start businesses? are they a sham?5/26/2006 2:37:02 PM |
theDuke866 All American 52839 Posts user info edit post |
What about Merck?
I read a couple of weeks ago about how they've developed a highly effective vaccine against cervical cancer, and then just saw on the news about how they just got FDA approval for a vaccine against shingles.
the recommendations of market analysts aren't all that enthusiastic, though. 5/26/2006 4:24:21 PM |
scud All American 10804 Posts user info edit post |
^ unless you get that kind of news before the street you've already missed the momentum swing.
If you start trading on news like that you become reactionary when really you should be investing in good fundamentals. Seriously check out Motley Fool for ahwile. 5/26/2006 5:41:57 PM |
mckoonts All American 3938 Posts user info edit post |
fundamentals are for old ladies and pussies... buy on hunches and whispers, i say 5/26/2006 5:45:03 PM |
dyson All American 563 Posts user info edit post |
scuba... i saw it as a buy opportunity, and boy did that ever do nicely for me... 5/26/2006 6:06:50 PM |
ssjamind All American 30102 Posts user info edit post |
i don't like big pharma stocks
(1) they carry too lmuch liability and downside risk on potential for disapprovals of new drugs
(2) if they're safe from the above, they move way too slow
your best best bet for playing the life sciences is ETFs that are in the space. the ETFs avoid company specific risk, but capture the robust macroeconomic for healthcare & therapeutic needs 5/27/2006 4:03:35 AM |
drunknloaded Suspended 147487 Posts user info edit post |
you gotta diversify yo bonds, ni**a 5/27/2006 4:11:15 AM |
sNuwPack All American 6519 Posts user info edit post |
anyone ever use tradeking? Should I be wary of execution times/quality with a cheap trading site such as this? 5/28/2006 3:07:20 AM |
State409c Suspended 19558 Posts user info edit post |
Quote : | "What in the hell?
Are venture capitalist organizations a sham?
what about banks who loan money for people to start businesses? are they a sham?" |
I qualified that comment here:
Quote : | "Rather, the idea of issuing stock to help a company grow is a great invention. But being able to trade this stock back and forth in real time, and consolidating massive amounts of capital and power into the hands of just a few people sitting there on the floor playing their power games and making themselves rich is stupid." |
And situations like Enron help me make my point, as well as inside trading. I mean, I'll play the game right along with people, but I think the speculation and psychology built into the market is bullshit. Good companies, and the lives of thousands of people are at the mercy of forces that they should never be under. If the system were truely purely free market then it would be great, but you're a fool if you think it works like it should.5/28/2006 8:14:54 AM |
sNuwPack All American 6519 Posts user info edit post |
^enron was mostly accounting fraud, not insider trading so what are you talking about?
anyone that can answer my question ^^^? 5/28/2006 3:18:27 PM |
roddy All American 25834 Posts user info edit post |
invest in corn 5/28/2006 11:42:43 PM |