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the last slamdown happened. woohoo
OFFICIAL STOCK MARKET & ECONOMY THREAD VOL. SCHOOL'S OUT
- Thread in 'General' Thread starter Started by dey know yayo,
- Start date
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Took a loss on that recently but there has been good PR on it today
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be careful with MDCN it's very thin and tough to get fills sometimes. I'm still holding my 900 shares at 2.44 avg. I usually look to accumulate 2.50 or less but haven't had luck picking any extra shares up lately. I like the board of directors they've put together and it seems legitimate so I'm swinging this one still.
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I'd just wait for big news and some hype then sell on MDCN, the sector is on fire but there are better positions in it.
yeezusdisciple
Banned
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Can someone explain the concept of short selling and why it would be an advantage?
Im kinda confused, tryna enter this penny stock game
Im kinda confused, tryna enter this penny stock game
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^ Stock goes down, you make money
Nasdaq getting no love these days :x
Nasdaq getting no love these days :x
rhythm808
Banned
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The scary thing is that the Nasdaq has a lot more room to pull back. I think it looks like a pullback all the way to $3800 is possible here while still keeping things healthy.^ Stock goes down, you make money
Nasdaq getting no love these days
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market price for x is 100 bucks. you want to short it so someone gives you the 100 bucks. you dont owe the 100 bucks back but you do owe one share of x. if it goes down to 50 bucks you buy one share of x and you will get 50 bucks profit from it. if it goes up 50 bucks and you bought x at that price then you lost 50 bucks.
cons: potentially infinite loss. 100% profit limit.
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The scary thing is that the Nasdaq has a lot more room to pull back. I think it looks like a pullback all the way to $3800 is possible here while still keeping things healthy.
Yea I was looking at QQQ just after I posted, and it barely put a dent into the weekly
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Did GDX put in a lower high?
rhythm808
Banned
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Enough with this pullback already I want to go back to seeing green
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You and I both. Went from +40% YTD towards the end of Feb to +25% now. Not bad overall, but damn.
MM betting that the market will go lower still:
http://www.cnbc.com/id/101528314
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What do you guys use? I was thinking between Ameritrade or Etrade.
Candycrush stock?
Flappybird?
Candycrush stock?
Flappybird?
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Ameritrade has the better platform for trading but higher commissions than etrade. I use Ameritrade for swing trades. TD service hasn't in the past 2-3 years gone down once that I remember
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Bears are resilient. Not looking good to be long anything
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Added on that MDCN dip to the 2.00s.
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Tesla is killing me right now... Does anyone see a rebound by say April?
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Gold continuing to slide
PBR continuing its journey to the moon
They've always been pretty resilient. I think they'll be fine. Don't think they'll hit 260 again by April unless something big happens. On the flip side, look at what happened Oct and Nov for them - went from 200 to 120.
I'm cautiously optimistic I guess
PBR continuing its journey to the moon
They've always been pretty resilient. I think they'll be fine. Don't think they'll hit 260 again by April unless something big happens. On the flip side, look at what happened Oct and Nov for them - went from 200 to 120.
I'm cautiously optimistic I guess
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I got CRUSHED by TSLA and finally bit the bullet and sold today. Should have sold at $260 smh.
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portfolio down 10% in just a couple days :x
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Everybody is getting hammered right now. 
It happens.
It happens.
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Middle of next week should be a good time for a nice rip. 
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I'm crazy hurt right now. It only left me with one choice and it was to average out, but damn
Stay strong everyone GLTA $$$
Stay strong everyone GLTA $$$
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You short the stock if you bet against it going up. To short stocks you will need an margin account with a minimum of 25K and maintain it. I use Scottrade and can't short any stock under $5. Do your research on shorting, very risky if you don't know what your doing. You could potentially lose more money than you put in since your borrowing the shares. Also be careful with penny stocks, I wouldn't recommend them but everyone has different risks. Good Luck
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I got in at about $235. If I'm able ro breakeven I might just call it a wrap...
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use a stop next time. dumb not to preserve capital when you can.
Eying FB tomorrow. Think I may trade some tomorrow if there's weakness and higher lows. Wouldn't mind creating a core position to trade around. I like this Oculus acquisition a lot. There's potential for some big innovations here with this tech and the doors it can open.
Eying FB tomorrow. Think I may trade some tomorrow if there's weakness and higher lows. Wouldn't mind creating a core position to trade around. I like this Oculus acquisition a lot. There's potential for some big innovations here with this tech and the doors it can open.
