paintballer Veteran 195 Posts user info edit post |
theres a good reason why its so low...horrible financials its not anything thatll make u money shortterm, long term maybe if they get their act together 8/16/2004 6:07:08 PM |
SnakeBite All American 3156 Posts user info edit post |
one of my stocks up 20% sold $$$$$$$$$$ fo me
VRA = Viragen...thank you 8/19/2004 4:09:50 PM |
BobbyDigital Thots and Prayers 41777 Posts user info edit post |
well, cisco is at least back up to 19. i was worried when it hit 17. 8/19/2004 4:15:04 PM |
paintballer Veteran 195 Posts user info edit post |
congrats on the 20%. thats a great gain. how long did u hold that for? im personally going for a double in 1 year. im about 20% in 2 months right now. 8/20/2004 12:40:03 AM |
dyson All American 563 Posts user info edit post |
Yeah when CSCO hit 17, gave me quite a scare, but seriously guys... seems like all of you are looking for the quick fix, what ever happened to blue chips and sticking it for the long haul? Anyone's thoughts on GE, XOM, and LMT? 8/20/2004 12:02:33 PM |
SnakeBite All American 3156 Posts user info edit post |
someone tell me what company they are looking into. i got hmmm lets say $3000 to invest. i will make my decision at 9:25 before the market opens tomarrow.
xom will probably do better than lmt ge is one i would wait and watch...
note...these are only my opinions, i am not giving tips.
[Edited on August 26, 2004 at 4:12 PM. Reason : hmm] 8/26/2004 4:04:28 PM |
bkfemme All American 11672 Posts user info edit post |
What is the best way to get started in the stock market 8/26/2004 4:46:42 PM |
Lowjack All American 10491 Posts user info edit post |
1. don't ask tww for advice 8/26/2004 4:53:55 PM |
bkfemme All American 11672 Posts user info edit post |
I just thought that because this was a thread started by someone who does his thing in the stockmarket and that other people who do the same thing are in the thread that it just might be a decent place to ask. Not everyone is an idiot like you. I know what is and isnt good advice. Please fuck off.
kkthx 8/26/2004 4:55:29 PM |
scottncst8 All American 2318 Posts user info edit post |
haha you actually think these people know what they are doing 8/26/2004 4:59:58 PM |
Lowjack All American 10491 Posts user info edit post |
^^ go ahead, bitch. unless you devote a lot of time to this shit, you will invariably learn your lesson the hard way, as the vast majority of individual investors learn when they start out. 8/26/2004 5:08:41 PM |
jameswalt Veteran 172 Posts user info edit post |
CSCO is pretty low. Is down about 20% from a few months back. Destined to rise again, most likely by Dec. 8/26/2004 10:28:31 PM |
jameswalt Veteran 172 Posts user info edit post |
I played with a few penny stocks before... but I do NOT recommend doing it unless you know what you're doing.
I bought IBZT the Thursday before it went up by a factor of 180% (made over a thousand just on that one).
Also played with PTSO.OB and some other smaller penny stocks. Be warned though... If you don't know what you're doing, you will lose money, most likely close to all of it. Some of the penny stocks I played with have gone down as much as 90%... others have skyrocketed. Depends on the day, the stock, and your knowledge. 8/26/2004 10:31:14 PM |
baonest All American 47902 Posts user info edit post |
you losers. there is no harm in asking how to get started. everyone started off this way.
yeah it takes a lot of time and patients to learn everything.
and YES, lots of people on TWW know what they are talking about. 8/27/2004 12:27:24 AM |
Lowjack All American 10491 Posts user info edit post |
^in this case, the "patients" are your money 8/27/2004 3:03:11 AM |
Socks`` All American 11792 Posts user info edit post |
Picking Stocks? You'd do better to buy some Monkey's and a Dart Board.
[Edited on August 27, 2004 at 3:34 AM. Reason : ``] 8/27/2004 3:33:49 AM |
subtotal Suspended 2827 Posts user info edit post |
I find nothing in Harken Energy's financial statements to lead me to beleive that they are undervalued. 8/27/2004 7:42:31 AM |
philihp All American 8349 Posts user info edit post |
^^martha stewart? i think not! 8/27/2004 7:58:32 AM |
SnakeBite All American 3156 Posts user info edit post |
HEC was good to short a while ago but right now if you do buy i would just hold. HEC went up last year during the blackout in NY. They will probably go up in the winter months. A good Short-term buy for the months coming if you have lots of money or else just hold long term.
To all those bashers who say people on this TWW don't know shit about stocks.... think again, lot of us do. why would you assume this. have you seen any of our portfolio's? i bet 85% of you don't know shit nor do you have even one share of a company... your parents shares dont count.
[Edited on August 27, 2004 at 10:49 AM. Reason : hec] 8/27/2004 10:46:42 AM |
drtaylor All American 1969 Posts user info edit post |
or maybe some of us actually do know something and cringe at the things someone like you says
Quote : | "it is gun 2b kold, bettar buy a stok of a company that makes it hawt!" |
8/27/2004 11:13:46 AM |
BobbyDigital Thots and Prayers 41777 Posts user info edit post |
unpossible! 8/27/2004 11:15:00 AM |
paintballer Veteran 195 Posts user info edit post |
yea ok dumbass, i dont know what im talking about...while your sitting on your ass with your money in the bank making .50% return annually, im making about 12% from the stock market.
snake...dont buy right at market open...look at daily trends of any stock...90% of the time they hit their daily lows around lunchtime, buy then. the reason, daytraders peace out cause they want to go eat, so they dump everything they have. 8/27/2004 11:48:45 AM |
scottncst8 All American 2318 Posts user info edit post |
^ Its people like you and snakebite that make economists everywhere cringe. If 10 million people flip a coins 50 times theres always be some idiot that gets heads all 50 times.
[Edited on August 27, 2004 at 11:53 AM. Reason : omg forgot space] 8/27/2004 11:53:19 AM |
Noen All American 31346 Posts user info edit post |
actually i make 6.5% yearly from my bank, thanks 8/27/2004 12:18:35 PM |
drtaylor All American 1969 Posts user info edit post |
good god
if you seriously think that there are enough daytraders going to lunch to impact market prices you might as well just burn your money now 8/27/2004 12:19:56 PM |
LeGo All American 3916 Posts user info edit post |
they also sell on Friday so they have money for the weekend
btw Noen wtf do you bank? 8/27/2004 12:39:25 PM |
drtaylor All American 1969 Posts user info edit post |
good point, i totally forgot, they have to have cash for the club
cleary you should all invest in the club (NASDAQ: CRUNK) before the weekend because the millions of day traders are all going to spend their millions of dollars there 8/27/2004 12:43:45 PM |
jdlongNCSU All American 7105 Posts user info edit post |
i plan on investing in Pfizer during the next sag in the market.
all those day traders will have to start taking Xanax, and I'll make bank! 8/27/2004 12:47:48 PM |
pilgrimshoes Suspended 63151 Posts user info edit post |
ok serious question.
If i am considering starting investing, what type of initial sum would be neccessary? 8/27/2004 12:55:11 PM |
BobbyDigital Thots and Prayers 41777 Posts user info edit post |
the most that you can afford to lose.
if you can't afford to lose it outright, you can't afford to invest.
[Edited on August 27, 2004 at 12:57 PM. Reason : er.. directly in the stock market, that is.] 8/27/2004 12:57:06 PM |
pilgrimshoes Suspended 63151 Posts user info edit post |
well what i am really getting at is adding a couple of hundred a month to a lump sum for investment purposes. Is there like a minimum amount that would be suggested in order to have a diverse plan, and yet still be effective?
like, starting with $400 as opposed to $5,000. 8/27/2004 1:01:47 PM |
SnakeBite All American 3156 Posts user info edit post |
^^it depends what you start out with. for instance, with $400 you can buy a shit load of penny stocks or 400 shares of $1, not counting commission, or else with 5k you can by more. To buy stocks like ibm which is ~~$87 you would really need about 5k because its not worth buying 4 shares of ibm and then paying commission. most likely you will end up losing $$ or just breaking even with all the commission.
scottncst8 what the hell are you talking about. why don't you go and take company public and i'll short your ass
[Edited on August 27, 2004 at 1:04 PM. Reason : hmm] 8/27/2004 1:02:15 PM |
drtaylor All American 1969 Posts user info edit post |
depends on what type of timeframe you're talking and what you're investing in
long term - every little bit helps, you pick your pony and figure that youre working on a percentage increase
short term - you have to take into consideration things like comissions and tax structures for whatever market you're in that can kill your margins, which can be a tricky calculation and can really impact your ability to pull the trigger if you start worrying about threshold for a loss - which also implys that you would want to have enough that you are comfortable going in and not so much that you cant survive if you lose it all
what you're trading - as examples some funds require some min amount to limp in and if you want to trade futues you have to buy on whole contracts (i.e. trading the S&P emini would require about $2200 since it's usually traded in increments of 2 contracts plus whatever reserve you are required to hold in a brokerage account)
experience would also play in, if you're looking at short term trading use play $ and just find ways to practice before you buy in
there are probably lots more factors to note but ive only got a few seconds to be off task at work 8/27/2004 1:05:51 PM |
PACKhunt All American 719 Posts user info edit post |
sharebuilder is a great way to learn the market. lots of available penny stocks, as well as some good core stocks. good way to get a feel of how things work. free to set up and $4 to buy. 8/27/2004 1:47:32 PM |
Lowjack All American 10491 Posts user info edit post |
^^^, ^^, ^, thats all well and good FOR YOU, but a lot of the people asking up here don't really have the time or knowhow to do what you do. They just have a pile of money from their paychecks and a little bit of time to do some investing.
[Edited on August 27, 2004 at 1:48 PM. Reason : sdf] 8/27/2004 1:47:44 PM |
BobbyDigital Thots and Prayers 41777 Posts user info edit post |
really, the best thing you can do for yourself is open a Roth IRA if you don't have a ton to invest in the market and no credit card debt. 8/27/2004 1:57:24 PM |
drtaylor All American 1969 Posts user info edit post |
^^ point taken, but
investing is as individualized as masturbation
the same thing doesnt work for everybody and you really need some quite alone time to get down to business and work it all out
if you dont have the time, you can always pay a pro to help you out
[Edited on August 27, 2004 at 2:00 PM. Reason : clearly bobby and i are both having a slow friday] 8/27/2004 1:59:28 PM |
PACKhunt All American 719 Posts user info edit post |
it doesn't take much time to do a little research. start out with some bigger stocks that doen't move much in price, but makes a dividend.
a roth IRA: you can contribute up to $3,000 a year into an IRA. good way to go if you don't want to take chances. 8/27/2004 2:04:37 PM |
PACKhunt All American 719 Posts user info edit post |
example: NFB. A solid financial stock ($40 a share) that pays a small dividend. Gets you started anyway. Also comapnies like GE, john deere (DE), and one i own LYO. 8/27/2004 2:06:51 PM |
PACKhunt All American 719 Posts user info edit post |
its also good to diversify. there are energy stocks that don't move much in price, but have great dividends (i own nbp which is a $42 stock that pays a dividend over $3). own things like energy, retail, chemical, financial, real estate, etc. This way, if one sector of the market is doing particularly bad, the others can pick up the slack, so you don't lose too much. Although, you will always have some losers. 8/27/2004 2:12:22 PM |
paintballer Veteran 195 Posts user info edit post |
i call bullshit on the 6.5% from the bank...yea, its true that if 10 million people flip coins 1 guy will have all heads, but who the hell cares whats the point? go look at daily charts of any largecap in the past week. look at what time their daily lows hit. its generally around lunch time http://finance.yahoo.com/q?s=msft look at the chart, what time? 12pm http://finance.yahoo.com/q?s=wmt what time? 1230
i could care less what some of you may think about me and my investments. all i know is that im making money, and some of you arent 8/27/2004 3:08:01 PM |
paintballer Veteran 195 Posts user info edit post |
the safest investment you can make (besides the bank) is the vanguard 500 index fund (vfinx). its a mutual fund that follows the S&P 500 exactly, the s&p for the past 60 years has done about 9% compounded yearly. 8/27/2004 3:12:59 PM |
SnakeBite All American 3156 Posts user info edit post |
^^^DAMN RIGHT, TELL THEM HOW IT IS 8/27/2004 3:18:10 PM |
paintballer Veteran 195 Posts user info edit post |
from one of the posts above, i dont think some of you people realize what a daytrader is...daytraders sit in front of their computers all day waiting for a stock to move 10 cents. they have enough money to buy a stupid number of stocks that a 10 cent move will make them a decent amount of cash. daytraders always dump or short their stocks at lunch time. daytraders will almost never hold stocks overnight, so of course theyll sell over the weekend.
[Edited on August 27, 2004 at 3:26 PM. Reason : ...] 8/27/2004 3:25:47 PM |
scottncst8 All American 2318 Posts user info edit post |
What I'm talking about is you pretending like you have some plan or insight as to which stock to buy. You don't and thats my point.
[Edited on August 27, 2004 at 3:29 PM. Reason : edit: talking to snakebite] 8/27/2004 3:28:43 PM |
paintballer Veteran 195 Posts user info edit post |
^^didnt see who you were talking to (sorry)
i dont think i have this huge 100% win plan, but the system i use has made me a decent amount of money. like i said in a post on the first page. nothing is 100%. but if you go out and learn something about it, then your chances greatly increase. im going to refer the same book i did earlier. "the motley foolinvestment guide" i started investing 3 years ago, and like someone else said earlier, you always lose at first cause you dont know what youre doing, i lost half my money, but after doing a lot more research and studying trends and financial statements, ive made all my money back and then alot more.
[Edited on August 27, 2004 at 3:35 PM. Reason : ...] 8/27/2004 3:34:31 PM |
ssjamind All American 30102 Posts user info edit post |
omg TWW
http://quotes.nasdaq.com/asp/summaryquote.asp?symbol=TWW%60&selected=TWW%60 8/27/2004 4:19:53 PM |
SnakeBite All American 3156 Posts user info edit post |
bullshit, i think what i want to think and buy what i feel like it will be the best for my investing and i'm not telling anyone anything but my opinion. people are just voicing their opinion about different companies. go to a different chat n00b 8/29/2004 1:18:49 AM |
SnakeBite All American 3156 Posts user info edit post |
HELL YEAH, CVM UP 34% SELL SELL SELL.....What a great day. I went to court as a witness and come back to see lots of money that my investment made for me. I'm selling and couting my $$$$$ thank you CVM for doing great research. 9/9/2004 12:42:31 PM |
SnakeBite All American 3156 Posts user info edit post |
HELL YES, my EXM went up $6. last friday and today its up $2, man this is great.
anyone else got any good market turnouts they would like to share?? 9/13/2004 11:39:38 AM |