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General Discussion => Essentially Flyertalk => Topic started by: 'taterblast on April 21, 2011, 04:51:10 PM

Title: Stock Market Thread
Post by: 'taterblast on April 21, 2011, 04:51:10 PM
post insider information that will make me a lot of money. that, or general stock market discussions.
Title: Re: Stock Market Thread
Post by: The1BigWillie on April 21, 2011, 05:35:00 PM
When I buy a stock it goes down.  When I sell a stock it goes up.

If I ever decide to buy stocks again I'll let you know.  Until then I think you'll make more money playing slots.
Title: Re: Stock Market Thread
Post by: AppleJack on April 21, 2011, 05:47:11 PM
Junk Bonds is where it's at.
Title: Re: Stock Market Thread
Post by: wetwillie on April 21, 2011, 06:26:07 PM
I purchased Ford stock at around $3 in november of 09, later sold when it hit $6.  It is trading for around $15 today :dubious:
Title: Re: Stock Market Thread
Post by: pike on April 21, 2011, 06:31:52 PM
Playing the futures/options game can make you very rich very fast.

Can also make you someones slave very fast
Title: Re: Stock Market Thread
Post by: Fedor on April 21, 2011, 06:54:57 PM
REITs are a good play, they pay fairly high dividends and are somewhat volatile.  Get yourself a good chunk of stake money, 5k or so.  When you find good candidate watch it for awhile and when it drops 5% or so buy in.   Couple weeks later it will recover and then sell enough shares to get your stake money out.  Repeat.  If you ate lucky it will pay dividends while you have your stake in.  Boom, double your money in a year.
Title: Re: Stock Market Thread
Post by: 'taterblast on April 21, 2011, 06:56:42 PM
seems like every stock i look at absolutely tanked during the crisis then came back strong. i wish i would have had a ton of money to unload at the time.
Title: Re: Stock Market Thread
Post by: Trim on April 21, 2011, 10:48:04 PM
Have you already tithed goEMAW BBBS?
Title: Re: Stock Market Thread
Post by: ew2x4 on April 21, 2011, 11:20:37 PM
My mutual funds are killing it. I've wanted to do day trading in the past, but I haven't had time.
Title: Re: Stock Market Thread
Post by: EMAWmeister on April 22, 2011, 12:36:56 AM
bought $25k in AIG the day before the bailout passed.  Within days I had $100mill plus.


...in a high school econ project  :dubious:
Title: Re: Stock Market Thread
Post by: 06wildcat on April 22, 2011, 01:12:24 AM
seems like every stock i look at absolutely tanked during the crisis then came back strong. i wish i would have had a ton of money to unload at the time.

I sold a rental property in February of 2009 for a modest gain and really couldn't have timed it better for when to put reinvest the proceeds into large caps. Apple was by far the best buy though at around $90. Pure dumb luck on the timing though.
Title: Re: Stock Market Thread
Post by: steve dave on April 22, 2011, 07:10:41 AM
someone find how to pull up that thread on ksufans where I called my shot on a chinese ag stock and quadrupled everyone's money in two weeks.  tia. 
Title: Re: Stock Market Thread
Post by: kitten_mittons on April 22, 2011, 07:38:01 AM
Bought PALM stock at $3.30 in January 2009.  Sold at $16.57 in June 09.
Title: Re: Stock Market Thread
Post by: yoga-like_abana on April 22, 2011, 07:40:09 AM
I think this thread is for tips not for you dumbasses to gloat about that one great stock purchase you made. re/start thread
Title: Re: Stock Market Thread
Post by: kitten_mittons on April 22, 2011, 07:47:55 AM
I think this thread is for tips not for you dumbasses to gloat about that one great stock purchase you made. re/start thread

 :facepalm:

The tip is obviously to take Beems time machine and do exactly what we did with our stocks.

Title: Re: Stock Market Thread
Post by: steve dave on April 22, 2011, 07:58:01 AM
I think this thread is for tips not for you dumbasses to gloat about that one great stock purchase you made. re/start thread

yoga, have you found that ksufans thread?  do you remember it?  wow
Title: Re: Stock Market Thread
Post by: Cire on April 22, 2011, 08:17:32 AM
Penny stocks.
Title: Re: Stock Market Thread
Post by: Trim on April 22, 2011, 08:28:48 AM
I know a guy who invested about $2,500 into a burgeoning website, of which the value shot up to over $30,000 only to see the whole investment collapse months later.
Title: Re: Stock Market Thread
Post by: steve dave on April 22, 2011, 08:37:10 AM
I know a guy who invested about $2,500 into a burgeoning website, of which the value shot up to over $30,000 only to see the whole investment collapse months later.

man, he should have sold for $1,500 when he had the chance.  tough break.
Title: Re: Stock Market Thread
Post by: LHarKSUCat on April 22, 2011, 09:41:49 AM
here's a tip... buy Netflix a few years ago...
Though honestly, go ahead and still buy it now.. it just keeps going up.
Title: Re: Stock Market Thread
Post by: OK_Cat on April 22, 2011, 10:13:31 AM
someone find how to pull up that thread on ksufans where I called my shot on a chinese ag stock and quadrupled everyone's money in two weeks.  tia. 

i posted a thread like 5 minutes before you posted that saying the same thing.

i'd love to prove it to you, but TERRY FREAKING PIERCE, ya know?
Title: Re: Stock Market Thread
Post by: I_have_purplewood on April 22, 2011, 10:41:23 AM
here's a tip... buy Netflix a few years ago...
Though honestly, go ahead and still buy it now.. it just keeps going up.

Go out 6 months or a year and buy puts that are about $10 under current price.  Good chance you'll make some dough.
Title: Re: Stock Market Thread
Post by: Dugout DickStone on April 22, 2011, 10:50:09 AM
I know a guy who invested about $2,500 into a burgeoning website, of which the value shot up to over $30,000 only to see the whole investment collapse months later.

But it's monthly ad revenue and payments from ESPN still keep him sitting pretty, right?
Title: Re: Stock Market Thread
Post by: Trim on April 22, 2011, 11:13:08 AM
I know a guy who invested about $2,500 into a burgeoning website, of which the value shot up to over $30,000 only to see the whole investment collapse months later.

But it's monthly ad revenue and payments from ESPN still keep him sitting pretty, right?

Turns out a lot of that was related to gaming customers. And existing.
Title: Re: Stock Market Thread
Post by: slobber on May 18, 2012, 01:35:01 PM
Anybody get in on the FB ipo today?
EDIT: I know elwood was shut out.
Title: Re: Stock Market Thread
Post by: stunted on May 18, 2012, 01:43:00 PM
http://finance.yahoo.com/q?s=EURCHF=X

 :crossfingers:
Title: Re: Stock Market Thread
Post by: slobber on May 18, 2012, 01:46:58 PM
http://finance.yahoo.com/q?s=EURCHF=X

 :crossfingers:
How high do you need it to get to before you sell?
Title: Re: Stock Market Thread
Post by: steve dave on May 18, 2012, 01:49:19 PM
I need that damn euro to drop significantly before late november
Title: Re: Stock Market Thread
Post by: stunted on May 18, 2012, 01:50:16 PM
I only know that it shouldn't go much below 1.2000.  Swiss bank intervening.  Not much action, we'll see if the bank keeps their word.
Title: Re: Stock Market Thread
Post by: slobber on May 18, 2012, 01:51:11 PM
I need that damn euro to drop significantly before late november
It already has dropped pretty far. My company's budget projections for 2012 had the Euro at $1.45. How significantly are you talking.
Title: Re: Stock Market Thread
Post by: steve dave on May 18, 2012, 01:55:54 PM
I need that damn euro to drop significantly before late november
It already has dropped pretty far. My company's budget projections for 2012 had the Euro at $1.45. How significantly are you talking.

Like, to .00000001.  also the pound.  they can rebound immediately after that.
Title: Re: Stock Market Thread
Post by: slobber on May 18, 2012, 02:00:58 PM
I haven't ever played in the currencies. A guy at church that I know does it on his own as a career. Have you buys made good money at this?
Title: Re: Stock Market Thread
Post by: steve dave on May 18, 2012, 02:02:14 PM
I haven't ever played in the currencies. A guy at church that I know does it on his own as a career. Have you buys made good money at this?

I've never done it. 
Title: Re: Stock Market Thread
Post by: stunted on May 18, 2012, 02:06:11 PM
I'm having a friend do this trade for me.  Who didn't have the best go at it with forex.  Sports betting would probably be easier.
Title: Re: Stock Market Thread
Post by: steve dave on May 18, 2012, 02:07:00 PM
I'm having a friend do this trade for me.  Who didn't have the best go at it with forex.  Sports betting would probably be easier.

you run the risk of having your book shut down though.  kind of scary these days. 
Title: Re: Stock Market Thread
Post by: stunted on May 18, 2012, 02:08:47 PM
Gambling seems dead.  Making money in poker is pretty much dead.
Title: Re: Stock Market Thread
Post by: slobber on May 18, 2012, 02:11:50 PM
I need that damn euro to drop significantly before late november
It already has dropped pretty far. My company's budget projections for 2012 had the Euro at $1.45. How significantly are you talking.

Like, to .00000001.  also the pound.  they can rebound immediately after that.

Sorry, I was very slow on this one. Forgot about the travel thread and the cc thread. Thought you had some puts or calls riding on a strong $. Instead, you have an expensive or cheap EU trip riding on a strong $. (At least that is what I think you were referring to, correct?)
Title: Re: Stock Market Thread
Post by: steve dave on May 18, 2012, 02:12:15 PM
Gambling seems dead.  Making money in poker is pretty much dead.

Have you ever been to Singapore?  I wonder if their lines on american sports just follow vegas lines. 
Title: Re: Stock Market Thread
Post by: steve dave on May 18, 2012, 02:13:02 PM
I need that damn euro to drop significantly before late november
It already has dropped pretty far. My company's budget projections for 2012 had the Euro at $1.45. How significantly are you talking.

Like, to .00000001.  also the pound.  they can rebound immediately after that.

Sorry, I was very slow on this one. Forgot about the travel thread and the cc thread. Thought you had some puts or calls riding on a strong $. Instead, you have an expensive or cheap EU trip riding on a strong $. (At least that is what I think you were referring to, correct?)

confirmed, though at this point it's just food and drink so it doesn't really matter.  just talking to talk. 
Title: Re: Stock Market Thread
Post by: stunted on May 18, 2012, 02:18:57 PM
Gambling seems dead.  Making money in poker is pretty much dead.

Have you ever been to Singapore?  I wonder if their lines on american sports just follow vegas lines.

Have, but do not know.  Did play some shady poker there.  Games were not dead.
Title: Re: Stock Market Thread
Post by: steve dave on May 18, 2012, 02:20:58 PM
Gambling seems dead.  Making money in poker is pretty much dead.

Have you ever been to Singapore?  I wonder if their lines on american sports just follow vegas lines.

Have, but do not know.  Did play some shady poker there.  Games were not dead.

we should set up shop there (you) and vegas (me) and just play line differences if they don't shadow each other. 
Title: Re: Stock Market Thread
Post by: stunted on May 18, 2012, 02:23:16 PM
 :kstategrad:
Title: Re: Stock Market Thread
Post by: slobber on May 18, 2012, 02:43:35 PM
I am ready for another good week in the market. This week sucked. I think yesterday, aside from Chevron making me $3.00, everything else I owned declined in value. I don't really own that much of anything, but I'd just like to stop seeing so much red ink next to what I do own.
Title: Re: Stock Market Thread
Post by: sys on May 18, 2012, 10:33:25 PM
My company's budget projections for 2012 had the Euro at $1.45.

is your company some kind of Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!)?
Title: Re: Stock Market Thread
Post by: slobber on May 21, 2012, 08:35:23 AM
My company's budget projections for 2012 had the Euro at $1.45.

is your company some kind of Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!)?
Budget projections were made last July. I think it was worth ~$1.40 at the time. My company may be some kind of Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!), but it is a very large company with all sorts of crap that you probably use every day and don't even realize that the company I work for is involved in any of that. The $ gaining strength makes the piece of business I work in look better, so I am pleased with budget projections at $1.45 and the $ actually looking much stronger than that right now.
Title: Re: Stock Market Thread
Post by: Dr Rick Daris on May 21, 2012, 08:59:00 AM
My company's budget projections for 2012 had the Euro at $1.45.

is your company some kind of respect?
Budget projections were made last July. I think it was worth ~$1.40 at the time. My company may be some kind of respect, but it is a very large company with all sorts of crap that you probably use every day and don't even realize that the company I work for is involved in any of that. The $ gaining strength makes the piece of business I work in look better, so I am pleased with budget projections at $1.45 and the $ actually looking much stronger than that right now.

does the company you work for manufacture msg?
Title: Re: Stock Market Thread
Post by: slobber on May 21, 2012, 09:01:31 AM
My company's budget projections for 2012 had the Euro at $1.45.

is your company some kind of respect?
Budget projections were made last July. I think it was worth ~$1.40 at the time. My company may be some kind of respect, but it is a very large company with all sorts of crap that you probably use every day and don't even realize that the company I work for is involved in any of that. The $ gaining strength makes the piece of business I work in look better, so I am pleased with budget projections at $1.45 and the $ actually looking much stronger than that right now.

does the company you work for manufacture msg?
NO!!!! But I am LMAO at that one!
Title: Re: Stock Market Thread
Post by: Rage Against the McKee on May 22, 2012, 04:21:35 PM
I hope none of you guys bought Facebook.
Title: Re: Stock Market Thread
Post by: steve dave on May 22, 2012, 05:05:13 PM
I hope none of you guys bought Facebook.

what, you don't think it's worth its hundred billion valuation?  pffftttt.  loaded up on linked in while I was there (saw a linked in mini mall brick and mortar location and about tore my pants trying to get my phone out of my pocket to throw puts at that pile of garbage)
Title: Re: Stock Market Thread
Post by: sys on May 22, 2012, 10:37:18 PM
Budget projections were made last July. I think it was worth ~$1.40 at the time. My company may be some kind of Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!), but it is a very large company with all sorts of crap that you probably use every day and don't even realize that the company I work for is involved in any of that. The $ gaining strength makes the piece of business I work in look better, so I am pleased with budget projections at $1.45 and the $ actually looking much stronger than that right now.

how much would your company like to pay me to provide them with much more accurate euro projections?  i can go 12 months out and update monthly.
Title: Re: Stock Market Thread
Post by: Rage Against the McKee on May 23, 2012, 08:14:57 AM
I hope none of you guys bought Facebook.

what, you don't think it's worth its hundred billion valuation?  pffftttt.  loaded up on linked in while I was there (saw a linked in mini mall brick and mortar location and about tore my pants trying to get my phone out of my pocket to throw puts at that pile of garbage)

That's good. I knew I wouldn't have to worry about you. Some of these other guys, though. . .
Title: Re: Stock Market Thread
Post by: slobber on May 23, 2012, 08:24:03 AM
I hope none of you guys bought Facebook.

what, you don't think it's worth its hundred billion valuation?  pffftttt.  loaded up on linked in while I was there (saw a linked in mini mall brick and mortar location and about tore my pants trying to get my phone out of my pocket to throw puts at that pile of garbage)


That's good. I knew I wouldn't have to worry about you. Some of these other guys, though. . .
I wonder if Elmer or whatever that goofball on GPC ever got his shares bought. (P.S. I did not buy FB. I would buy at 26.)
Title: Re: Stock Market Thread
Post by: Kat Kid on May 23, 2012, 08:33:42 AM
How has fake sugar dick not come in here to school us with his 12% annual returns (after fees)?
Title: Re: Stock Market Thread
Post by: Kat Kid on May 23, 2012, 08:36:30 AM
my retirement mix:

50% Vanguard Total World Stock Index
25% S&P 500 Index
25% Emerging Markets Stock Index
Title: Re: Stock Market Thread
Post by: steve dave on May 23, 2012, 08:38:20 AM
my retirement mix:

50% Vanguard Total World Stock Index
25% S&P 500 Index
25% Emerging Markets Stock Index

you seem like the type that would benefit from a target retirement date fund my friend
Title: Re: Stock Market Thread
Post by: Kat Kid on May 23, 2012, 08:39:43 AM
my retirement mix:

50% Vanguard Total World Stock Index
25% S&P 500 Index
25% Emerging Markets Stock Index

you seem like the type that would benefit from a target retirement date fund my friend

Would it be any better than that?  I am clueless, but curious.
Title: Re: Stock Market Thread
Post by: slobber on May 23, 2012, 08:43:49 AM
my retirement mix:

50% Vanguard Total World Stock Index
25% S&P 500 Index
25% Emerging Markets Stock Index

you seem like the type that would benefit from a target retirement date fund my friend
The thing I don't like about target retirement date funds is that they start throwing money into bonds when you are in your 30's. I don't want any of my money in bonds until I am about 60 and already retired, and then it will only be about 10-15%. I know you can always move the money to a further out retirement date and keep most of it out of bonds, but I just avoid them completely.
Title: Re: Stock Market Thread
Post by: steve dave on May 23, 2012, 08:45:59 AM
my retirement mix:

50% Vanguard Total World Stock Index
25% S&P 500 Index
25% Emerging Markets Stock Index

you seem like the type that would benefit from a target retirement date fund my friend
The thing I don't like about target retirement date funds is that they start throwing money into bonds when you are in your 30's. I don't want any of my money in bonds until I am about 60 and already retired, and then it will only be about 10-15%. I know you can always move the money to a further out retirement date and keep most of it out of bonds, but I just avoid them completely.

man, you are lucky you weren't in your 60s 10 years ago.
Title: Re: Stock Market Thread
Post by: slobber on May 23, 2012, 09:03:03 AM
my retirement mix:

50% Vanguard Total World Stock Index
25% S&P 500 Index
25% Emerging Markets Stock Index

you seem like the type that would benefit from a target retirement date fund my friend
The thing I don't like about target retirement date funds is that they start throwing money into bonds when you are in your 30's. I don't want any of my money in bonds until I am about 60 and already retired, and then it will only be about 10-15%. I know you can always move the money to a further out retirement date and keep most of it out of bonds, but I just avoid them completely.

man, you are lucky you weren't in your 60s 10 years ago.
If you make it to 60, you will likely make it to 90. As long as you have enough money to live well on, losing 30-40% won't kill you and your nest egg will recover considerably better if you are invested in mutual funds vs. bonds. Over the course of 30 years, I'll keep the lions share of my money in the market- my kids and grandkids will thank me for it later. Now, if you only have exactly enough saved for retirement and can't afford to lose any, then hell yes, go with bonds or other safer investments.
Title: Re: Stock Market Thread
Post by: Emo EMAW on May 23, 2012, 09:59:48 PM
Anyone buying uranium miners?  I am super tempted right now.  Next good dip.
Title: Re: Stock Market Thread
Post by: OK_Cat on May 30, 2012, 02:21:56 PM
fellas, i'm looking at putting upwards of $20 into the stock market.  How do i make millions?  tia
Title: Re: Stock Market Thread
Post by: Rage Against the McKee on May 30, 2012, 02:24:07 PM
I hope none of you guys bought Facebook.

what, you don't think it's worth its hundred billion valuation?  pffftttt.  loaded up on linked in while I was there (saw a linked in mini mall brick and mortar location and about tore my pants trying to get my phone out of my pocket to throw puts at that pile of garbage)


That's good. I knew I wouldn't have to worry about you. Some of these other guys, though. . .
I wonder if Elmer or whatever that goofball on GPC ever got his shares bought. (P.S. I did not buy FB. I would buy at 26.)

FB looks like it could hit 26 by the end of the week. Are you still planning on buying at 26?
Title: Re: Stock Market Thread
Post by: slobber on May 30, 2012, 02:27:55 PM
fellas, i'm looking at putting upwards of $20 into the stock market.  How do i make millions?  tia
:pray:
Title: Re: Stock Market Thread
Post by: slobber on May 30, 2012, 02:30:57 PM
I hope none of you guys bought Facebook.

what, you don't think it's worth its hundred billion valuation?  pffftttt.  loaded up on linked in while I was there (saw a linked in mini mall brick and mortar location and about tore my pants trying to get my phone out of my pocket to throw puts at that pile of garbage)


That's good. I knew I wouldn't have to worry about you. Some of these other guys, though. . .
I wonder if Elmer or whatever that goofball on GPC ever got his shares bought. (P.S. I did not buy FB. I would buy at 26.)

FB looks like it could hit 26 by the end of the week. Are you still planning on buying at 26?
That was for that date. Now, my buy-in would be lower. It is looking like garbage right now. I don't think it will get to 20, but maybe hold off until 24. I don't know that I'll buy, but if I do, I'll let you know.
Title: Re: Stock Market Thread
Post by: raquetcat on May 30, 2012, 09:26:18 PM
If you were 26 and starting a Roth IRA right now would you invest a  portion of it in international funds? My wife's financial advisor says not to right now because of the instability, my line of thought is what better time to buy than when everyone else is running scared?
Title: Re: Stock Market Thread
Post by: The Tonya Harding of Twitter Users Creep on May 30, 2012, 09:40:50 PM
If you were 26 and starting a Roth IRA right now would you invest a  portion of it in international funds? My wife's financial advisor says not to right now because of the instability, my line of thought is what better time to buy than when everyone else is running scared?

My roommates and I were talking yesterday and we're going to invest in Facebook. Selling everything we own, including the beer in the fridge and the house that we are currently renting.

Will post update in a few months from my private jet/yacht.
Title: Re: Stock Market Thread
Post by: sys on May 30, 2012, 10:09:56 PM
If you were 26 and starting a Roth IRA right now would you invest a  portion of it in international funds? My wife's financial advisor says not to right now because of the instability, my line of thought is what better time to buy than when everyone else is running scared?

people aren't running scared of intl stocks in general.  your wife's financial advisor sounds like a Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!).  why does she even have one?  seems Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!).
Title: Re: Stock Market Thread
Post by: Rams on May 30, 2012, 10:11:25 PM
That was for that date. Now, my buy-in would be lower.

this is the most Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) thing ever.  what do you even mean?  what changed with respect to facebook's inherent value between last wednesday and right now?  jesus christ.
Title: Re: Stock Market Thread
Post by: Rams on May 30, 2012, 10:16:16 PM
If you were 26 and starting a Roth IRA right now would you invest a  portion of it in international funds?
yes.  absolutely.

My wife's financial advisor says not to right now because of the instability
he's an idiot but he wants everybody to think he's really smart.  run away.  (not like funny ha ha run away...seriously run the eff away and find a different "financial advisor" because he's a moron)

my line of thought is what better time to buy than when everyone else is running scared?
trust your instincts.  :thumbs:
Title: Re: Stock Market Thread
Post by: raquetcat on May 30, 2012, 10:29:03 PM
Kind of what I thought, I'll probably just move her Roth over to vanguard and get a variety of index funds
Title: Re: Stock Market Thread
Post by: Rams on May 30, 2012, 10:34:56 PM
Kind of what I thought, I'll probably just move her Roth over to vanguard and get a variety of index funds
as a financial advisor, I can tell you this is your best move.  open a schwab account, buy some domestic and international index funds or etfs, and wait until you have over $100k in investments and then go find a real financial advisor...not somebody that wants to sell you crap.
Title: Re: Stock Market Thread
Post by: Rage Against the McKee on May 31, 2012, 08:25:48 AM
If you were 26 and starting a Roth IRA right now would you invest a  portion of it in international funds? My wife's financial advisor says not to right now because of the instability, my line of thought is what better time to buy than when everyone else is running scared?

I'm not much older than that and about 25% of my investment is in international funds. The percentage would probably be higher, but I'm required to put all of my employer match in a guaranteed 3% fund until the match becomes fully vested.
Title: Re: Stock Market Thread
Post by: steve dave on May 31, 2012, 08:39:35 AM
I'm sure Rams is one of the good ones but 99% of financial advisors are dumbasses who don't know crap about investments.  Just a fwiw. 
Title: Re: Stock Market Thread
Post by: 'taterblast on May 31, 2012, 08:41:43 AM
hey Rams, what about coal stocks? they've basically been cut in half over the past year, good time to buy?
Title: Re: Stock Market Thread
Post by: steve dave on May 31, 2012, 08:49:56 AM
I am a financial advisor and doing very well. I'm not scanning my rough ridin' paycheck, lol
Title: Re: Stock Market Thread
Post by: ben ji on May 31, 2012, 08:59:53 AM
I'm sure Rams is one of the good ones but 99% of financial advisors are dumbasses who don't know crap about investments.  Just a fwiw.

Correct. I used to work for a company that sold study materials to people becoming finacial advisors...Their only job is to sell you investment packages the home office had come up with.


Very good advice from rams here

Quote
wait until you have over $100k in investments and then go find a real financial advisor
Title: Re: Stock Market Thread
Post by: Rams on May 31, 2012, 09:03:58 AM
I'm sure Rams is one of the good ones but 99% of financial advisors are dumbasses who don't know crap about investments.  Just a fwiw.
:thumbs:

hey Rams, what about coal stocks? they've basically been cut in half over the past year, good time to buy?
for 99.999999% of the population (including financial "advisors" and "experts") trying to beat the market is a fool's game.  if something has been cut in half, there's a reason it's been cut in half.  placing bets on individual sectors or stocks is just that, a bet.  unless you have proprietary "insider" information, you're just along for the ride.  in this day and age, the overwhelming majority of investments available to the public are accurately priced at any given time.

read: the most important thing by howard marks
Title: Re: Stock Market Thread
Post by: Kat Kid on May 31, 2012, 09:07:55 AM
I'm sure Rams is one of the good ones but 99% of financial advisors are dumbasses who don't know crap about investments.  Just a fwiw.
:thumbs:

hey Rams, what about coal stocks? they've basically been cut in half over the past year, good time to buy?
for 99.999999% of the population (including financial "advisors" and "experts") trying to beat the market is a fool's game.  if something has been cut in half, there's a reason it's been cut in half.  placing bets on individual sectors or stocks is just that, a bet.  unless you have proprietary "insider" information, you're just along for the ride.  in this day and age, the overwhelming majority of investments available to the public are accurately priced at any given time.

read: the most important thing by howard marks

FSD?  Seriously?  This is the best FSD bait I've seen.
Title: Re: Stock Market Thread
Post by: Rage Against the McKee on May 31, 2012, 09:29:55 AM
That was for that date. Now, my buy-in would be lower.

this is the most Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) thing ever.  what do you even mean?  what changed with respect to facebook's inherent value between last wednesday and right now?  jesus christ.

Nothing changed with its inherent value but a whole bunch of people have learned since then that its inherent value is actually much lower than they thought it was. I don't blame dobber for backing off his arbitrary $26 buy-in level, but setting a new level at $24 doesn't make much sense.
Title: Re: Stock Market Thread
Post by: slobber on May 31, 2012, 11:29:14 AM
That was for that date. Now, my buy-in would be lower.

this is the most Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) thing ever.  what do you even mean?  what changed with respect to facebook's inherent value between last wednesday and right now?  jesus christ.

I think it is pretty difficult to say what the inherent value of FB is. I think it is largely based on what people think of it. I figured it would gradually come down to 26 over a couple of months. It is getting there so fricking quick that it scares me, and makes me think I thought it was worth more than what it is. Everybody that bought it at 38 also valued it incorrectly, no? Sorry for saying the most Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) thing ever.
Title: Re: Stock Market Thread
Post by: pissclams on May 31, 2012, 11:58:50 AM
That was for that date. Now, my buy-in would be lower.

this is the most Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!) thing ever.  what do you even mean?  what changed with respect to facebook's inherent value between last wednesday and right now?  jesus christ.

I think it is pretty difficult to say what the inherent value of FB is. I think it is largely based on what people think of it.

hey tim geithner, take it easy on us plebs.  i don't think we're ready for these deep economic dimes you're dropping on us.
Title: Re: Stock Market Thread
Post by: slobber on May 31, 2012, 12:06:49 PM


I think it is pretty difficult to say what the inherent value of FB is. I think it is largely based on what people think of it.

hey tim geithner, take it easy on us plebs.  i don't think we're ready for these deep economic dimes you're dropping on us.
[/quote]
Sorry about that, I'll tone it down a bit.  :frown:
I didn't think it was that stupid to change my opinion on what I think FB is worth.
Title: Re: Stock Market Thread
Post by: slobber on July 02, 2012, 12:30:17 PM
GSK to pay $3BB in charges for fraud. Stock is up 1.6%. Sounds about right.
Title: Re: Stock Market Thread
Post by: puniraptor on July 02, 2012, 03:35:40 PM
This is my investment strategy, I am preparing to nut up and try it.
-Find the cheapest possible stock.
-Buy as much as I can.
-Hope it goes up.
-Get rich.

This worked astoundingly in my 8th grade stock market economy simulation.
Title: Re: Stock Market Thread
Post by: slobber on July 03, 2012, 03:54:03 PM
This is my investment strategy, I am preparing to nut up and try it.
-Find the cheapest possible stock.
-Buy as much as I can.
-Hope it goes up.
-Get rich.

This worked astoundingly in my 8th grade stock market economy simulation.
Sounds reasonable. I'd modify a bit with the following:
-Find the cheapest possible stock.
-Buy as much as I can.
-Watch it go up. (confidence helps?)
-Sell it. (Might be the toughest thing to do? I mean, crap, you just made $12MM, why not ride it out for another couple million $?)
-Get rich.
Title: Re: Stock Market Thread
Post by: shivvyman on July 26, 2012, 06:00:52 PM
Buy: Costco - This retailer is pure gold. Great business model. Will not be taken over by the online world. Here to stay.
       eBay - Owners of PayPal. Good chance of this company splitting up at some point and PayPal stock taking off.

Hold: Sprint - So long as they offer unlimited data plans, they are easily identifiable from their competitors. Nextel needs to be dumped and they eventually need to earn a buck. Stock is cheap as hell, but they are up 20% today. Wait for the pullback and buy.

Stocks that Make Me Look Stupid: Bought Sara Lee a while back because they were going to offer a special $3 dividend on each share (shares were trading around $20-$23) once the company split into two separate entities. Company split, received divident, and have watched both stocks suck ass.

What's everyone else's most recent purchase or soon to be purchase?
Title: Re: Stock Market Thread
Post by: slobber on July 26, 2012, 09:11:34 PM
FNF- Fidelity National Financial. Provides title related products and services. Just bought some.
Title: Re: Stock Market Thread
Post by: shivvyman on July 27, 2012, 10:49:07 AM
FNF- Fidelity National Financial. Provides title related products and services. Just bought some.

Where is the upside? Did a little scan of the yearly charts and dividend history.....nothing spectacular.
Title: Re: Stock Market Thread
Post by: steve dave on July 27, 2012, 11:04:40 AM
FNF- Fidelity National Financial. Provides title related products and services. Just bought some.

Where is the upside? Did a little scan of the yearly charts and dividend history.....nothing spectacular.

just a fwiw, your strategy of buying stocks because they may later split or have announced a dividend is a loser. 
Title: Re: Stock Market Thread
Post by: AppleJack on July 27, 2012, 11:29:18 AM
I wish this was a Super Market Thread instead.

I remember coming home from school and would love watching Super Market Sweep. Great times in my life.

/thread jack
Title: Re: Stock Market Thread
Post by: Emo EMAW on July 27, 2012, 11:33:13 AM
I've been trading the Greece and Spain ETF's, just short stuff with tight stops.

I'm long on some gold ETF's and some gold miners.  I just moved up my stops and think those will get sold soon.  Want to have some cash for some better entry points coming.
Title: Re: Stock Market Thread
Post by: shivvyman on July 27, 2012, 11:50:04 AM
FNF- Fidelity National Financial. Provides title related products and services. Just bought some.

Where is the upside? Did a little scan of the yearly charts and dividend history.....nothing spectacular.

just a fwiw, your strategy of buying stocks because they may later split or have announced a dividend is a loser.

Read my post again, dumbass. I'm not referring to a '2-for-1' split, I'm talking about a company breaking into two separate entities.

If you don't think a high yielding consistent dividend is worth noting when examining a stock, we can't even have an intelligent debate.
Title: Re: Stock Market Thread
Post by: slobber on July 27, 2012, 11:56:14 AM
FNF- Fidelity National Financial. Provides title related products and services. Just bought some.

Where is the upside? Did a little scan of the yearly charts and dividend history.....nothing spectacular.
shivvyman, I want to tell you a story.
I don't actually think steve dave likes me because I am not a very good bbs'r, but he is still my friend. If you call my friend a dumbass, then you are not my friend and I cannot share with you where the super secret insidery info is on FNF that makes it have one of the biggest upsides in the history of upsides.
The end.
Title: Re: Stock Market Thread
Post by: steve dave on July 27, 2012, 01:11:26 PM
FNF- Fidelity National Financial. Provides title related products and services. Just bought some.

Where is the upside? Did a little scan of the yearly charts and dividend history.....nothing spectacular.

just a fwiw, your strategy of buying stocks because they may later split or have announced a dividend is a loser.

Read my post again, dumbass. I'm not referring to a '2-for-1' split, I'm talking about a company breaking into two separate entities.

If you don't think a high yielding consistent dividend is worth noting when examining a stock, we can't even have an intelligent debate.

yeah, I know exactly what you meant and it's a loser.  kind of first day investing stuff here. 
Title: Re: Stock Market Thread
Post by: OK_Cat on July 27, 2012, 01:24:32 PM
I wish this was a Super Market Thread instead.

I remember coming home from school and would love watching Super Market Sweep. Great times in my life.

/thread jack

my god, what a great trip down memory lane, applejack.

i remember a big fat lady fell one time while doing that final "run through and grab a bunch of stuff" game.  it was hilarious, because she was fat.
Title: Re: Stock Market Thread
Post by: raquetcat on July 27, 2012, 01:39:33 PM
I basically just watch stocks of companies I know, but don't have any skin (money) in the game, Chipotle just dropped like 20% a couple weeks ago, I would think it would be a good time to pick up some of that. If I'm wrong please explain why so I can learn some stuff and become super rich. TIA.
Title: Re: Stock Market Thread
Post by: shivvyman on July 27, 2012, 04:31:08 PM
I basically just watch stocks of companies I know, but don't have any skin (money) in the game, Chipotle just dropped like 20% a couple weeks ago, I would think it would be a good time to pick up some of that. If I'm wrong please explain why so I can learn some stuff and become super rich. TIA.

Cramer loves him some Chipotle. Loyal employies, health conscious, 'green' friendly (not like I give a crap, but others do), and plenty of room for market expansion/growth.
Title: Re: Stock Market Thread
Post by: steve dave on July 27, 2012, 05:01:24 PM
Cramer loves.....

see
Title: Re: Stock Market Thread
Post by: shivvyman on July 27, 2012, 05:54:49 PM
Cramer loves.....

see

The guy may act like a raving lunatic, but he's no slouch. He averaged a 24.5% annual return on the hedge fund he managed for 14 years. If your portolio tops those returns, you're a better man than me.

Title: Re: Stock Market Thread
Post by: steve dave on July 27, 2012, 05:56:51 PM
Cramer loves.....

see

The guy may act like a raving lunatic, but he's no slouch. He averaged a 24.5% annual return on the hedge fund he managed for 14 years. If your portolio tops those returns, you're a better man than me.

I'm just trying to give you honest advice here.  I can see what you are doing and why and I can tell you it's like throwing darts (or worse with the cramer mention).  take it fwiw or don't.  I don't give a crap. 
Title: Re: Stock Market Thread
Post by: Pete on July 27, 2012, 06:01:28 PM
buy index funds, pay next to no fees

go cats
Title: Re: Stock Market Thread
Post by: shivvyman on July 27, 2012, 06:03:59 PM
Cramer loves.....

see

The guy may act like a raving lunatic, but he's no slouch. He averaged a 24.5% annual return on the hedge fund he managed for 14 years. If your portolio tops those returns, you're a better man than me.

I'm just trying to give you honest advice here.  I can see what you are doing and why and I can tell you it's like throwing darts (or worse with the cramer mention).  take it fwiw or don't.  I don't give a crap.

Do you see value investing as throwing darts? Not being sarcastic.
Title: Re: Stock Market Thread
Post by: shivvyman on July 27, 2012, 06:04:46 PM
buy index funds, pay next to no fees

go cats

Solid.
Title: Re: Stock Market Thread
Post by: steve dave on July 27, 2012, 06:10:09 PM
Cramer loves.....

see

The guy may act like a raving lunatic, but he's no slouch. He averaged a 24.5% annual return on the hedge fund he managed for 14 years. If your portolio tops those returns, you're a better man than me.

I'm just trying to give you honest advice here.  I can see what you are doing and why and I can tell you it's like throwing darts (or worse with the cramer mention).  take it fwiw or don't.  I don't give a crap.

Do you see value investing as throwing darts? Not being sarcastic.

not at all.  but investing in a stock because it is going to split into two separate companies or because it has just announced a non-usual dividend is.  and following jim rough ridin' cramer is worse then throwing darts. 
Title: Re: Stock Market Thread
Post by: Rams on July 27, 2012, 08:53:52 PM
Pro tip: by the time any information gets to you, it's already priced into the stock. You're just a sheep. So you either think you're better at valuing stocks than the guys managing billions of dollars with decades of experience and education and an army of analysts or you're banking on pure luck. Either way you're a rough ridin' idiot.

/thread
Title: Re: Stock Market Thread
Post by: steve dave on July 27, 2012, 09:13:56 PM
Pro tip: by the time any information gets to you, it's already priced into the stock. You're just a sheep

yeah, in other words
Title: Re: Stock Market Thread
Post by: EuroCat on July 28, 2012, 08:13:08 AM
buy index funds, pay next to no fees

go cats
All of my non-retirement investments are in the Vanguard S&P 500 index fund ETF. Up about 4% in just a couple months.
Title: Re: Stock Market Thread
Post by: sys on July 28, 2012, 01:11:57 PM
Pro tip: by the time any information gets to you, it's already priced into the stock. You're just a sheep.

bullshit.  the efficient market theory is utter crap.
Title: Re: Stock Market Thread
Post by: bubbles4ksu on July 28, 2012, 01:24:35 PM
Pro tip: by the time any information gets to you, it's already priced into the stock. You're just a sheep.

bullshit.  the efficient market theory is utter crap.

is in-depth research of a company's fundamentals the solution or is all stock market investing bullshit?
Title: Re: Stock Market Thread
Post by: steve dave on July 28, 2012, 02:46:55 PM
Pro tip: by the time any information gets to you, it's already priced into the stock. You're just a sheep.

bullshit.  the efficient market theory is utter crap.

is in-depth research of a company's fundamentals the solution or is all stock market investing bullshit?

no. invest in what you know.  best way to get ahead.  if you are an expert in value dining and you enjoy the crap out of some value dining destination then buy it.  if you know the railroad industry like the back of your hand and have worked in it your entire life amongst various companies then buy railroad stocks.  ultimately, you being a dumbass and not knowing what the hell you are experiencing or knowing is the barrier at that point.  but, if you are smart, you will get ahead.  also don't buy the company you work for because even kind of smart people will get bullshitted into thinking the place is doing well (obviously doesn't apply to really smart people here). 
Title: Re: Stock Market Thread
Post by: sys on July 28, 2012, 03:41:00 PM
is in-depth research of a company's fundamentals the solution or is all stock market investing bullshit?

neither.  when i said the efficient market theory is bullshit, what i meant was, the efficient market theory is bullshit.  sorry for the confusion.
Title: Re: Stock Market Thread
Post by: Emo EMAW on July 30, 2012, 09:41:55 PM
buy index funds, pay next to no fees

go cats

Why buy all the bad with the good?  Seems like a loser approach. 
Title: Re: Stock Market Thread
Post by: Kat Kid on July 30, 2012, 11:04:05 PM
buy index funds, pay next to no fees

go cats

Why buy all the bad with the good?  Seems like a loser approach.

because knowing the bad from the good is the whole....nevermind keep doing what you're doing.
Title: Re: Stock Market Thread
Post by: slobber on July 31, 2012, 07:59:26 AM
sd said it best when he basically said, "Invest in what you know, like, and are happy with." That also holds true in the investment advice department...take the advice that addresses your style of investing, try to learn a little bit from somebody who invests differently than you do.
Outside of retirement investing, I still invest long term and do not worry about making a buck or two quick. I also invest in companies that have a solid history of paying dividends.
At some point, I'd like to better understand investing in currency. I think that would be interesting because it would likely keep you very up to date on foreign issues- both political and social.
Title: Re: Stock Market Thread
Post by: Rage Against the McKee on July 31, 2012, 08:11:58 AM
I think the best strategy is to be patient. I don't have a whole lot of experience here (only ever owned 1 stock) but I did just sell Apple last week for a 7000% gain, over about 15 years.
Title: Re: Stock Market Thread
Post by: Rage Against the McKee on July 31, 2012, 08:28:50 AM
When I read an article like this (http://www.forbes.com/sites/petercohan/2012/07/27/six-reasons-facebook-is-a-7-stock/), it makes me want to buy facebook stock.
Title: Re: Stock Market Thread
Post by: pissclams on July 31, 2012, 08:34:20 AM
Pro tip: by the time any information gets to you, it's already priced into the stock. You're just a sheep.

bullshit.  the efficient market theory is utter crap.

is in-depth research of a company's fundamentals the solution or is all stock market investing bullshit?

no. invest in what you know.  best way to get ahead.  if you are an expert in value dining and you enjoy the crap out of some value dining destination then buy it.  if you know the railroad industry like the back of your hand and have worked in it your entire life amongst various companies then buy railroad stocks.  ultimately, you being a dumbass and not knowing what the hell you are experiencing or knowing is the barrier at that point.  but, if you are smart, you will get ahead.  also don't buy the company you work for because even kind of smart people will get bullshitted into thinking the place is doing well (obviously doesn't apply to really smart people here). 


wall street 101 right here folks.  professor bud fox in the house.  bud knew the airline industry after watching his dad toil away for years as a maintenance foreman at Bluestar and president of the machinists' union.  easy money. 
Title: Re: Stock Market Thread
Post by: Emo EMAW on July 31, 2012, 08:36:39 AM
buy index funds, pay next to no fees

go cats

Why buy all the bad with the good?  Seems like a loser approach.

because knowing the bad from the good is the whole....nevermind keep doing what you're doing.

My point is knowing the bad from the good isn't all that difficult.  And with the onset of ETF's I think index funds are dinosaurs waiting for the inevitable ice age.
Title: Re: Stock Market Thread
Post by: 8manpick on July 31, 2012, 09:47:46 AM
Pro tip: by the time any information gets to you, it's already priced into the stock. You're just a sheep.

bullshit.  the efficient market theory is utter crap.

is in-depth research of a company's fundamentals the solution or is all stock market investing bullshit?

no. invest in what you know.  best way to get ahead.  if you are an expert in value dining and you enjoy the crap out of some value dining destination then buy it.  if you know the railroad industry like the back of your hand and have worked in it your entire life amongst various companies then buy railroad stocks.  ultimately, you being a dumbass and not knowing what the hell you are experiencing or knowing is the barrier at that point.  but, if you are smart, you will get ahead.  also don't buy the company you work for because even kind of smart people will get bullshitted into thinking the place is doing well (obviously doesn't apply to really smart people here). 


wall street Wall Street 101 right here folks.  professor bud fox in the house.  bud knew the airline industry after watching his dad toil away for years as a maintenance foreman at Bluestar and president of the machinists' union.  easy money.
:lol: fyp
Title: Re: Stock Market Thread
Post by: slobber on July 31, 2012, 09:54:43 AM
I think the best strategy is to be patient. I don't have a whole lot of experience here (only ever owned 1 stock) but I did just sell Apple last week for a 7000% gain, over about 15 years.
Please tell me you purchased $10k worth 15 years ago. I am happy for you, but I want to be very happy for you.
Title: Re: Stock Market Thread
Post by: Rage Against the McKee on July 31, 2012, 10:10:38 AM
I think the best strategy is to be patient. I don't have a whole lot of experience here (only ever owned 1 stock) but I did just sell Apple last week for a 7000% gain, over about 15 years.
Please tell me you purchased $10k worth 15 years ago. I am happy for you, but I want to be very happy for you.

No, only $800. Where is a 14 year old kid going to find $10k?
Title: Re: Stock Market Thread
Post by: bubbles4ksu on July 31, 2012, 10:33:41 AM
Pro tip: by the time any information gets to you, it's already priced into the stock. You're just a sheep.

bullshit.  the efficient market theory is utter crap.

is in-depth research of a company's fundamentals the solution or is all stock market investing bullshit?

no. invest in what you know.  best way to get ahead.  if you are an expert in value dining and you enjoy the crap out of some value dining destination then buy it.  if you know the railroad industry like the back of your hand and have worked in it your entire life amongst various companies then buy railroad stocks.  ultimately, you being a dumbass and not knowing what the hell you are experiencing or knowing is the barrier at that point.  but, if you are smart, you will get ahead.  also don't buy the company you work for because even kind of smart people will get bullshitted into thinking the place is doing well (obviously doesn't apply to really smart people here).

i don't believe what i posted. i was just trying to disagree with sys and drunkenly overreached.

i'm not familiar with any sector so i buy mutual funds and what i like. i never trade and i rarely look at the account. my roth is composed of two vanguard index funds, apple, and google.
Title: Re: Stock Market Thread
Post by: shivvyman on August 07, 2012, 03:11:26 PM
Normally I'm not into penny stocks, but I've been passed some good info. Still researching myself, but upside is huge.

EPGLD.

Recently restructured. New business model. Holds patent for FDA approved medical device that could be a staple in years to come....
Title: Re: Stock Market Thread
Post by: steve dave on August 07, 2012, 03:14:10 PM
Normally I'm not into penny stocks, but I've been passed some good info. Still researching myself, but upside is huge.

EPGLD.

Recently restructured. New business model. Holds patent for FDA approved medical device that could be a staple in years to come....

shivvyman, if you would like me to save you from rough ridin' yourself over continually for the rest of your life you know where to find me.
Title: Re: Stock Market Thread
Post by: shivvyman on August 07, 2012, 03:16:11 PM
Normally I'm not into penny stocks, but I've been passed some good info. Still researching myself, but upside is huge.

EPGLD.

Recently restructured. New business model. Holds patent for FDA approved medical device that could be a staple in years to come....

shivvyman, if you would like me to save you from rough ridin' yourself over continually for the rest of your life you know where to find me.

Steve,

Are you a clown?

Sincerely,

Shivvyman
Title: Re: Stock Market Thread
Post by: slobber on August 07, 2012, 03:17:41 PM
Normally I'm not into penny stocks, but I've been passed some good info. Still researching myself, but upside is huge.

EPGLD.

Recently restructured. New business model. Holds patent for FDA approved medical device that could be a staple in years to come....
It is up 390% on the year. Somebody that owns 10,000 shares "passed on" some good information to try to find a buyer.

EDIT: 10,000 shares isn't that much (like $5?). Maybe I should have said 10,000,0000,0000,000 shares? muah ha ha ha (evil laugh)
Title: Re: Stock Market Thread
Post by: TheHamburglar on August 07, 2012, 03:18:09 PM
Cramer loves.....

see

The guy may act like a raving lunatic, but he's no slouch. He averaged a 24.5% annual return on the hedge fund he managed for 14 years. If your portolio tops those returns, you're a better man than me.

I'm just trying to give you honest advice here.  I can see what you are doing and why and I can tell you it's like throwing darts (or worse with the cramer mention).  take it fwiw or don't.  I don't give a crap.

My best friend's dad had a 7-minute interview on Cramer a few months back.  Only 7 minutes of Cramer I've ever watched. 
Title: Re: Stock Market Thread
Post by: shivvyman on August 07, 2012, 03:21:31 PM
Normally I'm not into penny stocks, but I've been passed some good info. Still researching myself, but upside is huge.

EPGLD.

Recently restructured. New business model. Holds patent for FDA approved medical device that could be a staple in years to come....
It is up 390% on the year. Somebody that owns 10,000 shares "passed on" some good information to try to find a buyer.

......due to reverse split......not a true gain. The stock is valued at fractions of a penny. Any change seems monumental.
Title: Re: Stock Market Thread
Post by: steve dave on August 07, 2012, 03:40:35 PM
christ, it's like everytime you post something in this thread I hear smart people laughing in my head.  no offense to your personally as we are all fear the beards around here. 
Title: Re: Stock Market Thread
Post by: shivvyman on August 07, 2012, 03:53:51 PM
christ, it's like everytime you post something in this thread I hear smart people laughing in my head.  no offense to your personally as we are all fear the beards around here.

Did we go to the same school? I rough ridin' hope not. I guess 'smart' is a relative term.
Title: Re: Stock Market Thread
Post by: Rage Against the McKee on August 07, 2012, 04:38:14 PM
 :lol:

Are all racists as bad at investing as shivvyman?
Title: Re: Stock Market Thread
Post by: slobber on January 17, 2013, 09:15:32 AM
FNF- Fidelity National Financial. Provides title related products and services. Just bought some.

Where is the upside? Did a little scan of the yearly charts and dividend history.....nothing spectacular.
shivvyman, I want to tell you a story.
I don't actually think steve dave likes me because I am not a very good bbs'r, but he is still my friend. If you call my friend a dumbass, then you are not my friend and I cannot share with you where the super secret insidery info is on FNF that makes it have one of the biggest upsides in the history of upsides.
The end.
Hey shivvyman, just curious if you followed my advice on this one? Up 37% since I bought in July...nothing spectacular.
Title: Re: Stock Market Thread
Post by: 8manpick on January 17, 2013, 10:41:47 AM
FNF- Fidelity National Financial. Provides title related products and services. Just bought some.

Where is the upside? Did a little scan of the yearly charts and dividend history.....nothing spectacular.
shivvyman, I want to tell you a story.
I don't actually think steve dave likes me because I am not a very good bbs'r, but he is still my friend. If you call my friend a dumbass, then you are not my friend and I cannot share with you where the super secret insidery info is on FNF that makes it have one of the biggest upsides in the history of upsides.
The end.
Hey shivvyman, just curious if you followed my advice on this one? Up 37% since I bought in July...nothing spectacular.

 :lol: 'grats dobbs!
Title: Re: Stock Market Thread
Post by: slobber on January 17, 2013, 11:43:25 AM
FNF- Fidelity National Financial. Provides title related products and services. Just bought some.

Where is the upside? Did a little scan of the yearly charts and dividend history.....nothing spectacular.
shivvyman, I want to tell you a story.
I don't actually think steve dave likes me because I am not a very good bbs'r, but he is still my friend. If you call my friend a dumbass, then you are not my friend and I cannot share with you where the super secret insidery info is on FNF that makes it have one of the biggest upsides in the history of upsides.
The end.
Hey shivvyman, just curious if you followed my advice on this one? Up 37% since I bought in July...nothing spectacular.

 :lol: 'grats dobbs!
It was all due to reverse splits. I do hope that he bought EPGLD (now EPGL), as it is up something like 3000%. That would be pretty awesome.
Don't forget to invest early and often you newly wealthy (but already) elite SOB.
Title: Re: Stock Market Thread
Post by: shivvyman on January 17, 2013, 03:54:54 PM
FNF- Fidelity National Financial. Provides title related products and services. Just bought some.

Where is the upside? Did a little scan of the yearly charts and dividend history.....nothing spectacular.
shivvyman, I want to tell you a story.
I don't actually think steve dave likes me because I am not a very good bbs'r, but he is still my friend. If you call my friend a dumbass, then you are not my friend and I cannot share with you where the super secret insidery info is on FNF that makes it have one of the biggest upsides in the history of upsides.
The end.
Hey shivvyman, just curious if you followed my advice on this one? Up 37% since I bought in July...nothing spectacular.

 :lol: 'grats dobbs!
It was all due to reverse splits. I do hope that he bought EPGLD (now EPGL), as it is up something like 3000%. That would be pretty awesome.
Don't forget to invest early and often you newly wealthy (but already) elite SOB.

Did not invest in FNF.

However, yes, did invest in EPGL. Unfortunately, I didn't get in as early as I should have which cost me quite a large sum of coin. That being said, when I did pull the trigger it was not a small amount (I suppose that is a relative term).

It is not too late to get into this stock. They are set for a PR release on the 25th. We should see some gradual building of PPS leading up to the announcement. Depending on the announcement, the stock could take off or just settle in for a while before building again.

This patented device they have (which is FDA approved) is set to hit the market this year. If it does as well as all indicators show, it could be a major game changer in the medical community. They recently announced where production would occur (here stateside in CA). Pre-orders have been taken for CONUS. They have already partnered with a distributor in Asia for that market.  All signs point up.

The best is yet to come in my opinion. I see no reason why this stock won't be up at .10 by summer. That would be over a 300% gain from where we now stand. 

Only negative is the number of total shares/restricted shares. Due to the high number, anything PPS above .20 would scare me a little since it would all be on speculation unless they have pre-orders out the ass and the other devices in R&D will be hitting the market soon.

Do what you want.......
Title: Re: Stock Market Thread
Post by: 8manpick on January 17, 2013, 04:05:16 PM
Man, penny stocks are really interesting.  I negotiated a couple extra thousand per year in my starting salary, thinking that it might be fun to drop that into a penny stock such as this EPGL, just to see what happened.  Seems more like gambling (which I love), than sound investing, but I'm totally okay with that.
Title: Re: Stock Market Thread
Post by: Trim on January 20, 2013, 09:29:28 AM
Some of you might want to listen to the stock talk on last night's The Ed Show.
Title: Stock Market Thread
Post by: Tobias on January 20, 2013, 09:47:29 AM
Some of you might want to listen to the stock talk on last night's The Ed Show.

there was some great math going on last night.  had no idea the Ed was THAT rich.
Title: Re: Stock Market Thread
Post by: steve dave on January 20, 2013, 09:48:37 AM
Man, penny stocks are really interesting.  I negotiated a couple extra thousand per year in my starting salary, thinking that it might be fun to drop that into a penny stock such as this EPGL, just to see what happened.  Seems more like gambling (which I love), than sound investing, but I'm totally okay with that.

it's a Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!)'s game.
Title: Re: Stock Market Thread
Post by: bubbles4ksu on January 20, 2013, 10:36:31 AM
Man, penny stocks are really interesting.  I negotiated a couple extra thousand per year in my starting salary, thinking that it might be fun to drop that into a penny stock such as this EPGL, just to see what happened.  Seems more like gambling (which I love), than sound investing, but I'm totally okay with that.

it's a Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!)'s game.

options trading sounds more like what you're looking for.
Title: Re: Stock Market Thread
Post by: slobber on January 20, 2013, 12:43:35 PM
Man, penny stocks are really interesting.  I negotiated a couple extra thousand per year in my starting salary, thinking that it might be fun to drop that into a penny stock such as this EPGL, just to see what happened.  Seems more like gambling (which I love), than sound investing, but I'm totally okay with that.

it's a Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!)'s game.

options trading sounds more like what you're looking for.
Figure out the whole currency trading game and then report back. sd seems to understand finances very well, and him saying penny stocks is a Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!)'s game speaks much louder than anything I could ever tell you. I will only say that I concur with sd.
Title: Re: Stock Market Thread
Post by: reidrolled on January 20, 2013, 01:43:49 PM
Man, penny stocks are really interesting.  I negotiated a couple extra thousand per year in my starting salary, thinking that it might be fun to drop that into a penny stock such as this EPGL, just to see what happened.  Seems more like gambling (which I love), than sound investing, but I'm totally okay with that.

it's a Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!)'s game.

options trading sounds more like what you're looking for.
Figure out the whole currency trading game and then report back. sd seems to understand finances very well, and him saying penny stocks is a Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!)'s game speaks much louder than anything I could ever tell you. I will only say that I concur with sd.
I agree with the options trading.... trading currencies seems like a whole lot of work for almost no return as an individual investor.
Title: Re: Stock Market Thread
Post by: slobber on January 20, 2013, 02:42:13 PM
Man, penny stocks are really interesting.  I negotiated a couple extra thousand per year in my starting salary, thinking that it might be fun to drop that into a penny stock such as this EPGL, just to see what happened.  Seems more like gambling (which I love), than sound investing, but I'm totally okay with that.

it's a Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!)'s game.

options trading sounds more like what you're looking for.
Figure out the whole currency trading game and then report back. sd seems to understand finances very well, and him saying penny stocks is a Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!)'s game speaks much louder than anything I could ever tell you. I will only say that I concur with sd.
I agree with the options trading.... trading currencies seems like a whole lot of work for almost no return as an individual investor.
Yeah, the currency thing is interesting to me, but I can't figure out how I'd ever really be able to make that my thing in retirement. 8mp is a smart guy, I want him to figure it out for me and then teach me how.

8MP, max your 401k, max your HSA, Max a Roth IRA. Anyplace you can gain a tax advantage, do so. Invest everything you possibly can right away and you'll never even miss it or feel like you can't afford to invest. You are going from probably never making more than $25k a year to all of a sudden making $80k a year. If you wait even a few months, your life style will adjust to your new salary and you'll think that you can't afford to invest.
Title: Re: Stock Market Thread
Post by: 8manpick on January 20, 2013, 02:50:28 PM
Alright guys, I appreciate the well thought out advice, but I think I'm just going to invest $100 a day in powerball tickets.  Its not really retirement unless you have tens of millions, so I think this is the way to go.
Title: Re: Stock Market Thread
Post by: shivvyman on January 20, 2013, 04:43:31 PM
A lot of bad gauge being dispensed in this thread.

Penny stocks are certainly not where you put your retirement savings. However, if you can wade through the crap, there are some companies that have the potential to grow exponentially. Obviously, the vast majority of companies at the pink level are junk. It isn't easy finding the winners. I certainly don't recommend 'trading' penny stocks. Rather, find those that have potential for growth and invest in them.

In six months, it has taken EPGL to do what it took the S&P 500 to do in nearly 25 years.