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I've come up cause of China but I also feel where you are coming from.
The growth is real out there though, a lot of companies out there have gone up 100 to 300% over the last 52 weeks
OFFICIAL STOCK MARKET & ECONOMY THREAD VOL. SCHOOL'S OUT
- Thread in 'General' Thread starter Started by dey know yayo,
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I've come up cause of China but I also feel where you are coming from.
The growth is real out there though, a lot of companies out there have gone up 100 to 300% over the last 52 weeks
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QIHU has been a monster recently. There's good opportunities there but you gotta do your dd.
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Im currently with ERBB and EYBK. Not sure if I should risk going long term with them. I'm also watching FITX as well. Thoughts? I'm brand new to the game btw
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Tempted to play BIDU calls for earnings. Won't do it because holding through earnings goes against my rules.
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It's already hump day
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My cousin's bag holding GRPN. I hope they report well so he can get out 
I'm curious to see how Garmin reports. My pops mentioned how they've gained traction with truckers so I'm interested to see how things have gone for them. Not interested in a position.
Citron has to be in cahoots with CNBC or something. Dude is always putting out hit pieces and discussing them on the network far more recently than ever.
Doug Kass is shorting TSLA. Cited a synthetic fuel that Audi is working on that's more efficient and can be used to power small generators. Meh.
http://www.thestreet.com/story/12401976/1/kass-on-tesla.html
MDBX fires back against Citron and Left's history of fraudulent behavior.
http://finance.yahoo.com/news/medboxs-largest-shareholder-comments-lefts-140000444.html
I'm curious to see how Garmin reports. My pops mentioned how they've gained traction with truckers so I'm interested to see how things have gone for them. Not interested in a position.
Citron has to be in cahoots with CNBC or something. Dude is always putting out hit pieces and discussing them on the network far more recently than ever.
Doug Kass is shorting TSLA. Cited a synthetic fuel that Audi is working on that's more efficient and can be used to power small generators. Meh.
http://www.thestreet.com/story/12401976/1/kass-on-tesla.html
MDBX fires back against Citron and Left's history of fraudulent behavior.
http://finance.yahoo.com/news/medboxs-largest-shareholder-comments-lefts-140000444.html
WEST HOLLYWOOD, Calif., Feb. 19, 2014 /PRNewswire/ -- Vincent Chase, Inc., Medbox, Inc. (MDBX) single largest shareholder, issued a letter to fellow shareholders regarding recent criticisms by a short-selling blogging outfit calling itself "Citron Research."
The letter stated:
"Dear Medbox Shareholders:
We are being attacked by a company called Citron Research, whose principal admits to making his living by short selling companies. Now, I have never made any allusions of having a blemish-free past myself and have been painfully honest in company filings in that regard, but I don't go around casting stones at others. In my opinion, if you are going to take that approach and pick on others, you better have a spotless past yourself.
Here is some background on our opponent:
Citron Research is a one-man show run by Mr. Andrew Left, whose career began with a huge black mark. In 1998, in his first job, Mr. Left was found by the National Futures Association to have: "MADE FALSE AND MISLEADING STATEMENTS TO CHEAT, DEFRAUD OR DECEIVE A CUSTOMER IN VIOLATION OF NFA COMPLIANCE RULES 2-2(a) AND 2-29(a)(1)." Mr. Left was debarred for three years, among other punishments. This finding can be found on the website of the National Futures Association.
After being debarred, Mr. Left was employed as the President & CEO of Detour Media in 1999. But in February 2002, his company sued him for stealing six checks worth about $25,000. In Detour Media's official SEC filing, the company alleged Mr. Left's "fraud and deceit, negligent misrepresentation, breach of fiduciary duty and unlawful monetary conversion."
In 2005, Mr. Left founded stockleman.com, a predecessor to citronresearch.com. On this website, he slammed a company called WHIS, and one of WHIS's principals, Mr. Salim Rana. He fabricated information about Mr. Rana (calling him a thief who steal from the elderly), and Mr. Rana sued Mr. Left for libel. The court issued a judgment, ordering Mr. Left to pay Mr. Rana $2,500,000 for damages. (Rana vs. Harris et al., Case No. BC313956, Default Judgment, Oct. 28, 2005, Cal. Super. Ct., Los Angeles County).
In 2010, Mr. Left again ran into trouble with the law, in an altercation with a businessman. He was arrested in Florida. In addition, the records show that he was charged for "failing to appear."
One has to wonder why an investor would trust the investment advice of someone with a record of fraud, deceit, and unlawful behavior. I'm conflicted on how to proceed as Left has made bold statements and is daring us to sue him. I am confident that the statements he has made are actionable but I have a personal goal of reducing the company's expenses and not wasting company funds on trivial pursuits. However, I don't mind going after him with personal funds and may pursue the same after I seek the advice of counsel on the matter. My colleagues at Medbox all have unblemished records and Mr. Left's comments as to a culture of civil and criminal disobedience by Medbox officers is patently false and unjustified. Similarly, his comments as to the company's ethical practices are untenable and completely unwarranted.
Thanks for all the support through the years. We are lucky to have fantastic shareholders.
Regards,
P. Vincent Mehdizadeh
Vincent Chase, Inc."
About P. Vincent Mehdizadeh:
Mr. Mehdizadeh founded Prescription Vending Machines, Inc DBA Medicine Dispensing Systems, a subsidiary of Medbox, Inc. He has been responsible for establishing corporate direction and setting the Medbox's strategy. He earned a patent in 2010 for his biometric medicine dispensing machine as well as 4 additional patents pending for other products featured by Medbox.
The letter stated:
"Dear Medbox Shareholders:
We are being attacked by a company called Citron Research, whose principal admits to making his living by short selling companies. Now, I have never made any allusions of having a blemish-free past myself and have been painfully honest in company filings in that regard, but I don't go around casting stones at others. In my opinion, if you are going to take that approach and pick on others, you better have a spotless past yourself.
Here is some background on our opponent:
Citron Research is a one-man show run by Mr. Andrew Left, whose career began with a huge black mark. In 1998, in his first job, Mr. Left was found by the National Futures Association to have: "MADE FALSE AND MISLEADING STATEMENTS TO CHEAT, DEFRAUD OR DECEIVE A CUSTOMER IN VIOLATION OF NFA COMPLIANCE RULES 2-2(a) AND 2-29(a)(1)." Mr. Left was debarred for three years, among other punishments. This finding can be found on the website of the National Futures Association.
After being debarred, Mr. Left was employed as the President & CEO of Detour Media in 1999. But in February 2002, his company sued him for stealing six checks worth about $25,000. In Detour Media's official SEC filing, the company alleged Mr. Left's "fraud and deceit, negligent misrepresentation, breach of fiduciary duty and unlawful monetary conversion."
In 2005, Mr. Left founded stockleman.com, a predecessor to citronresearch.com. On this website, he slammed a company called WHIS, and one of WHIS's principals, Mr. Salim Rana. He fabricated information about Mr. Rana (calling him a thief who steal from the elderly), and Mr. Rana sued Mr. Left for libel. The court issued a judgment, ordering Mr. Left to pay Mr. Rana $2,500,000 for damages. (Rana vs. Harris et al., Case No. BC313956, Default Judgment, Oct. 28, 2005, Cal. Super. Ct., Los Angeles County).
In 2010, Mr. Left again ran into trouble with the law, in an altercation with a businessman. He was arrested in Florida. In addition, the records show that he was charged for "failing to appear."
One has to wonder why an investor would trust the investment advice of someone with a record of fraud, deceit, and unlawful behavior. I'm conflicted on how to proceed as Left has made bold statements and is daring us to sue him. I am confident that the statements he has made are actionable but I have a personal goal of reducing the company's expenses and not wasting company funds on trivial pursuits. However, I don't mind going after him with personal funds and may pursue the same after I seek the advice of counsel on the matter. My colleagues at Medbox all have unblemished records and Mr. Left's comments as to a culture of civil and criminal disobedience by Medbox officers is patently false and unjustified. Similarly, his comments as to the company's ethical practices are untenable and completely unwarranted.
Thanks for all the support through the years. We are lucky to have fantastic shareholders.
Regards,
P. Vincent Mehdizadeh
Vincent Chase, Inc."
About P. Vincent Mehdizadeh:
Mr. Mehdizadeh founded Prescription Vending Machines, Inc DBA Medicine Dispensing Systems, a subsidiary of Medbox, Inc. He has been responsible for establishing corporate direction and setting the Medbox's strategy. He earned a patent in 2010 for his biometric medicine dispensing machine as well as 4 additional patents pending for other products featured by Medbox.
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ACT killing
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Vincent Chase, Inc. doe? 
Thought TSLA would make a run up through today for the ER. Guess not
Thought TSLA would make a run up through today for the ER. Guess not
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Congrats to those who are in TSLA.
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Damn, damn, damn!
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Been holding a position in tesla since the first of the year. 
rell826
Banned
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I have no money so I stay out of this thread, but is another tech bubble burst on the horizon? I understand that WhatsApp has a big user base outside of the United States, but $16 billion or 19 depending on who you want to believe, is wild for a company that doesn't make a product. Eddie Bauer, a company that actually makes something sold for under a bil.
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FNMA updated
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WhatsApp makes you add your phone number to get things going. Totally understand why FB bought them. Paid a lot though, but supposedly it's $43 a user.
There's a few bubbles we're in right now. Candy crush maker KING filed for an IPO. Bitcoin is a bubble that's having some air let out of it at the moment. SnapChat would get a $10 billion valuation if they went public today. QE is a bubble in its own right.
Congrats to you guys long TSLA
There's a few bubbles we're in right now. Candy crush maker KING filed for an IPO. Bitcoin is a bubble that's having some air let out of it at the moment. SnapChat would get a $10 billion valuation if they went public today. QE is a bubble in its own right.
Congrats to you guys long TSLA
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I'm lucky I was in a mtg and wasn't able to sell some of my TSLA position.
For those of you who have it, you gonna keep it and reap Musk's guidance of 32k Model S's in 2014 with a new model on the horizon?
Read some commenters that think TSLA can hit 300 this year O_O
For those of you who have it, you gonna keep it and reap Musk's guidance of 32k Model S's in 2014 with a new model on the horizon?
Read some commenters that think TSLA can hit 300 this year O_O
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Glad I dipped out of gold when I did. Missed out on a few bucks, but would've lost a lot more if I stayed. Now to wait on the sidelines......
There's always a bubble, whether in the beginning, middle or end stages. The hard part is guessing when it's gonna pop. Not every company makes something tangible. You're underestimating the power of ad revenue.
Put in an order at 3.20. Didn't execute. Cancelled it and put in another order at 3.25. Also didn't execute.
Wow. I hope King fails and fails hard.
People also said they weren't gonna go past 100 last year.
There's always a bubble, whether in the beginning, middle or end stages. The hard part is guessing when it's gonna pop. Not every company makes something tangible. You're underestimating the power of ad revenue.
FNMA updated
Put in an order at 3.20. Didn't execute. Cancelled it and put in another order at 3.25. Also didn't execute.
WhatsApp makes you add your phone number to get things going. Totally understand why FB bought them. Paid a lot though, but supposedly it's $43 a user.
There's a few bubbles we're in right now. Candy crush maker KING filed for an IPO. Bitcoin is a bubble that's having some air let out of it at the moment. SnapChat would get a $10 billion valuation if they went public today. QE is a bubble in its own right.
Congrats to you guys long TSLA
Wow. I hope King fails and fails hard.
People also said they weren't gonna go past 100 last year.
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Been reading up on Darvas lately. His box theory fits in with my t/a. Someone recommended (freaky?) his book How I Made $2mm.. Good read
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Yes that's the one. It's under $5 on Amazon. Whoever doesn't get a copy is losing. Just make sure it's not the remastered version with Steve Burns.
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Fnma had a nice run but do you stay away at this point?
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im completely ignorant when it comes to stocks....
last 2 pages read like a foreign language
I had 7 year old company stock that I honestly didn't know I even had .... over 200 shares... sold about 85% of them last week for $9k
they were $17 when I acquired the first batch, sold at just under $60
my questions to you all is how long do you tend to let your stocks mature* (is that the proper term?) ... how often do you sell and what do you do with the money, reinvest it in other stocks (keep it in your account)..? do you pocket it... what?
last 2 pages read like a foreign language
I had 7 year old company stock that I honestly didn't know I even had .... over 200 shares... sold about 85% of them last week for $9k
they were $17 when I acquired the first batch, sold at just under $60
my questions to you all is how long do you tend to let your stocks mature* (is that the proper term?) ... how often do you sell and what do you do with the money, reinvest it in other stocks (keep it in your account)..? do you pocket it... what?
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Every stock is unique. I could buy and hold GOOG forever let's say and not worry about much, but I can't do that with let's say KOG.
I have a price target in mind when purchasing and I either peel some off if the stock reaches that point and holds trend, or I sell out completely when the indicators tell me to be weary. Good trades sometimes fail though, so if the stock isn't doing what I expected (if the stock was trading between 57.90-and 58, I might buy in anticipation of that 58 break, but if it can't get past that wall and run over 58 and set higher lows, I may just pull it off the table—I'm a day trader though so I'm usually cashed out by the end of the day with exception to my one swing play FSLR), I back out before the loss becomes greater than I am comfortable parting ways with.
I usually reinvest into other equities, but it's important to take some of those gains and set them aside, so I try to wire out a portion of the proceeds. I'm also looking to take a portion of those profits that I wired out and reinvest some of them in silver and gold since diversity is important and I'm not crazy about having too much paper money lying around.
Everyone's strategy is unique.
Y'all see what bit coin is trading at on MTGOX?
http://www.wired.com/wiredenterprise/2014/02/mtgox-2/
I have a price target in mind when purchasing and I either peel some off if the stock reaches that point and holds trend, or I sell out completely when the indicators tell me to be weary. Good trades sometimes fail though, so if the stock isn't doing what I expected (if the stock was trading between 57.90-and 58, I might buy in anticipation of that 58 break, but if it can't get past that wall and run over 58 and set higher lows, I may just pull it off the table—I'm a day trader though so I'm usually cashed out by the end of the day with exception to my one swing play FSLR), I back out before the loss becomes greater than I am comfortable parting ways with.
I usually reinvest into other equities, but it's important to take some of those gains and set them aside, so I try to wire out a portion of the proceeds. I'm also looking to take a portion of those profits that I wired out and reinvest some of them in silver and gold since diversity is important and I'm not crazy about having too much paper money lying around.
Everyone's strategy is unique.
Y'all see what bit coin is trading at on MTGOX?
http://www.wired.com/wiredenterprise/2014/02/mtgox-2/
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Once TSLA comes down a little I'm jumping in with some tax return money I've decided to switch to primarily dividend growth investing since I am straight out of school and just started working and don't have nearly enough money to go the trading route...but I'm sticking with a few companies that can hopefully grow my money faster than blue chips and transition it at a later time
Info in here is though
I've decided to switch to primarily dividend growth investing since I am straight out of school and just started working and don't have nearly enough money to go the trading route...but I'm sticking with a few companies that can hopefully grow my money faster than blue chips and transition it at a later time Info in here is
though
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Woke up to ERBB +27.94% and CYBK +17.50% waiting until Monday when ERBB have their Press release for "Ground breaking news"
Total Gain is CYBK=95.79% ERBB=58.57%
waiting until Monday when ERBB have their Press release for "Ground breaking news" Total Gain is CYBK=95.79% ERBB=58.57%
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