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

[lilchico4life]

nicefro, nice work..profit is profit.

If you're in HEB, have tight stops set incase news is bad because it'll drop like a rock.

 

[nikeflightposite]

Where do you guys get your news?

 

[nicefro]

Originally Posted by LiLcHiCo4LiFe

nicefro, nice work..profit is profit.

If you're in HEB, have tight stops set incase news is bad because it'll drop like a rock.

No doubt man. I didn't get too mad for that very reason. An 11% day is not bad by any means, compounded per week that's 200%, so it'sall good.

You live and you learn, it's not like I lost money.

andycrazn, no school in the summer for me, so no hyper-conservative stops to limit losses while I go to class.

 

[andycrazn]

Originally Posted by nicefro

Originally Posted by LiLcHiCo4LiFe

nicefro, nice work..profit is profit.

If you're in HEB, have tight stops set incase news is bad because it'll drop like a rock.

No doubt man. I didn't get too mad for that very reason. An 11% day is not bad by any means, compounded per week that's 200%, so it's all good.

You live and you learn, it's not like I lost money.

andycrazn, no school in the summer for me, so no hyper-conservative stops to limit losses while I go to class.

your gonna love college then. so many opportunities lost being in class and all i can do is look at it through my blackberry. freaking collegedoesnt even support my laptop for wifi.

 

[andycrazn]

precious metals took a beating today, hopefully it will stay down so i can get a couple more ounces before it hits 1k.

 

[lilchico4life]

You can predict which the market will go by looking at crude oil. It doesn't necessarily have to be that way though.

 

[andycrazn]

Super investor Warren Buffett, the cherry-coke-drinking Oracle of Omaha, owned 200 million shares of the Coca-Cola Company as of April 2009.

time to get in

 

[nicefro]

andycrazn, remember, Buffett does not care how long it takes for something to go up.

He's an investor, not a trader.

 

[andycrazn]

yea i read up on his trading methods and its very simple yet complex. il probably use some of his methods and go long on some stocks.

 

[nikeflightposite]

he bought those shares of coca cola decades ago.

 

[nikeflightposite]

I hope everyone who was in AGEN sold today. Be ready to short very soon.

 

[lilchico4life]

AGEN looking good pre market today.. @ 3.12 rite now

 

[andycrazn]

crap.....

 

[lilchico4life]

@ 3.23 with good volume

 

[andycrazn]

man i need to get back in on ng. i shouldve held it yesturday and just averaged it down. etrade fees ftl

 

[lilchico4life]

I tell folks to start trading with at least $2K and have margin...commissions eat up most of your profit.

 

[andycrazn]

well your right. but it can work both ways and i cant afford to lose. hopefully i can get a decent paying job in the summer so i can save up and just use it toget more stocks.

 

[nikeflightposite]

KNDL looks like a good long

 

[lilchico4life]

Alrite, have a nice play..

Keep an eye on XTNT... it's up nearly 500% today.

 

[andycrazn]

trying to get in on MGM or LVS but i cant find a good entry point yet. i have a feeling mgm is gonna drop like a rock

 

[theswoosh]

Here is a free tip. Check out some of the bio medical stocks in the north west. There is a company that just got a $5 ml investment to try and patent a cancerdrug.

 

[nikeflightposite]

Originally Posted by LiLcHiCo4LiFe


Alrite, have a nice play..

Keep an eye on XTNT...

just saw that surge

when did you get in?

 

[lilchico4life]

^ 10,000 shares @ .80

XTENT, Inc. Receives Conditional Approval for Investigational Device Exemption of Custom NX(R) Drug Eluting Stent System from United States Food and DrugAdministration
6:50a ET June 4, 2009 (PR NewsWire)

 

[nikeflightposite]

Originally Posted by LiLcHiCo4LiFe

^ 10,000 shares @ .80

XTENT, Inc. Receives Conditional Approval for Investigational Device Exemption of Custom NX(R) Drug Eluting Stent System from United States Food and Drug Administration
6:50a ET June 4, 2009 (PR NewsWire)

NICE!

How did you find this play?

 

[lilchico4life]

^ It's a secret...I can't say where I found it...

Just play along folks