OFFICIAL STOCK MARKET & ECONOMY THREAD VOL. SCHOOL'S OUT

My penny stock portfolio FNMA, GSS, GRNH, AEGY. The latter two stocks are weed plays with tighter stops. Weekly charts attached
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No thoughts on QURE honestly. It was under distribution yesterday. It could pop today. Don't have much interest in revisiting that one, but under 15, it could be a decent trade.

Looking to play these IPOs today if they open near their ranges EBIO RVNC EGLT. More focus on the last two. EBIO priced below its range so I'm iffy there.

Made my first short sale today. Sold P at 33.20 bought to cover 32.55 only 300 shares so I made just over a hundo. Still getting my feet wet which is why I covered quickly and with smaller size.
 
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In at 10.15 for WLT. Probably catching a falling knife.

Crap. Didn't realize RetailMeNot's ER is tomorrow morning. Thought it was Friday. Was gonna buy puts......8o

Gold is getting shaky.....might have to dip out of NUGT soon

still dont know how that thing went public............ dot-com bubble 2.0 is reals


Word. Their market cap's at 1.8B :| :| :|

EPS missed, revs beat. Up 10%. Dodged another bullet
 
Sick follow through on the screw up end for me today :lol Played EGLT instead of the other 2 IPOs, sold out at 12 for a 30 cent a share loss. Didn't like the action.

Didn't wanna play EBIO because it priced under, that didn't matter. Didn't wanna chase with RVCN, that went up 3 bones. You live and you learn.

Onto the next one.

I need FSLR to report well so I can see some green in my portfolio. That position has been horrible. Always use a stop people to minimize your losses. Rather get out of a trade down a couple of hundo than sit there for 4 months waiting for it to turn around because the drop was too much.
 
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PLUG was up 8.5% at one point today but I was out working so I didn't exit.  Still already up 4%-5% in one day...pretty happy.  May sell out tomorrow.

 
 
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BA might be reversing.

JPM looks interesting.

14 pot stocks are listed in the link below

http://m.benzinga.com/article/4239989?utm_referrer=http://t.co/Uom4aPolzB

And I'm in the red again today. Should've just bought some BA yesterday when I had the impulse and liked the chart. Thank goodness the weekend is here. Miserable 3 days. Need to really reevaluate things this weekend and develop a better strategy. Feels like I been throwing **** at the wall hoping it sticks past few days trying to get back to the black.
 
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And I'm in the red again today. Should've just bought some BA yesterday when I had the impulse and liked the chart. Thank goodness the weekend is here. Miserable 3 days. Need to really reevaluate things this weekend and develop a better strategy. Feels like I been throwing **** at the wall hoping it sticks past few days trying to get back to the black.

What are you putting your money into man?

I'm kinda interested in BA as well
 
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any info on alibaba ipo date?

This is gonna be huge. Estimated valuation at $158B. Can't find a date either[/quote]

Only reason I'm staying with YHOO, hope it delays more to build up even higher value, I've seen early 2015 though after it was initially thought to be later this year
 
BA might be reversing.

JPM looks interesting.

14 pot stocks are listed in the link below

http://m.benzinga.com/article/4239989?utm_referrer=http://t.co/Uom4aPolzB

And I'm in the red again today. Should've just bought some BA yesterday when I had the impulse and liked the chart. Thank goodness the weekend is here. Miserable 3 days. Need to really reevaluate things this weekend and develop a better strategy. Feels like I been throwing **** at the wall hoping it sticks past few days trying to get back to the black.

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It's not even the stocks, it's the timing that's been miserable. I need to just clear my head and do what's made me successful these past couple of months.

Not protecting those quick profits with the QURE IPO messed me up, and then I went in too high/quickly on EGLT yesterday. I like the IPO game, but I've been jumping in too quickly instead of letting the stock find its footing. Those two botches are what's weighing me down.

This morning I got shaken out on a couple of plays because I chased instead of letting the stocks set up.

The biggest sin is probably me having stocks I like at levels (AAPL sub 500, DDD in the 50s) that I didn't buy like I said I would.

Just gotta chip away and I'll be in the green in due time.
 
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It's not even the stocks, it's the timing that's been miserable. I need to just clear my head and do what's made me successful these past couple of months.

Not protecting those quick profits with the QURE IPO messed me up, and then I went in too high/quickly on EGLT yesterday. I like the IPO game, but I've been jumping in too quickly instead of letting the stock find its footing. Those two botches are what's weighing me down.

This morning I got shaken out on a couple of plays because I chased instead of letting the stocks set up.

The biggest sin is probably me having stocks I like at levels (AAPL sub 500, DDD in the 50s) that I didn't buy like I said I would.

Just gotta chip away and I'll be in the green in due time.
I lost too bro, made a nice chuck monday, tuesday then the last days have sucked
 
NUGT shares and KORS calls cooking for me today :smokin

Gonna look into exit strategies for those calls this weekend.


It's not even the stocks, it's the timing that's been miserable. I need to just clear my head and do what's made me successful these past couple of months.

Not protecting those quick profits with the QURE IPO messed me up, and then I went in too high/quickly on EGLT yesterday. I like the IPO game, but I've been jumping in too quickly instead of letting the stock find its footing. Those two botches are what's weighing me down.

This morning I got shaken out on a couple of plays because I chased instead of letting the stocks set up.

The biggest sin is probably me having stocks I like at levels (AAPL sub 500, DDD in the 50s) that I didn't buy like I said I would.

Just gotta chip away and I'll be in the green in due time
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With you there, but there's a fine line between catching the bounce and catching a falling knife. If someone can teach me how to distinguish between those two, please do.

Keep chipping away and don't try to make it all up in one move like I've tried. It just doesn't work.

My main problem is that I still hold the gambler's fallacy even though I'm fully aware of it. I go, "hey, stock X has been tanking, but if I keep holding onto it, it should get back to where it was." I just refuse to take the L until I absolutely, 100% need to.
 
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dont let your emotions get in your way of investing. it's a roller coaster ride and a long marathon.

been opposite of you this week. rough m-th, and finally made some back.
kinda mad at myself for not getting in DDD when it was low. always had my eye on that stock
 
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