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tibal 09-13-2012 03:23 PM
Stocks Investing MONEY : Education?!! Pinkys : OTC
 
As a result of some talk in an unnamed thread, I thought it would be beneficial to all of us members to have a thread dedicated to Stock Talk:: whether Pinkys, OTCQX-QB, anything!

I saw that there once was a thread that was geared towards investing, but it seems to me directed to more corporate news, fallouts, etc. We need NUMBERS!
Who knows, some of you more advanced traders could be of a great help to all the novice ones out there.

Educate others so that they too can purchase that 10k turbo kit.. 5k wheels.. 500 dollar lip.. or even what to do with that 10 cents under the seat...

Wealth in People as Wealth in Knowledge

tibal 09-13-2012 03:29 PM
Right now, my portfolio is plagued with the color RED! I was nailed by a pump and dump that occurred last year this time (LTUM) cutting me down 50% where it sits now.
Still I am stuck waiting for a run, but until the Lithium sector becomes hot again it is going to be a painful wait..

Anyone make any profits off of the Lithium run back in early 2011? It all started with a stock some may know (LEXG: OTCQB) that jumped from .10 to almost 11 dollars in a matter of a week.

phelan 09-13-2012 04:36 PM
Tough market to play right now, I went long term with nearly everything because the market is driven by fear as much as it is by economic measures. Gold is turning into a safe haven again after it crashed out, though.

Because we could end up in the tank any time, I've generally been conservative in recent (read: one year ago) purchases, including utilities, oil, and telecommunications.

bigdog1250 09-13-2012 05:10 PM
I'm not currently invested as I don't have any spare cash to play with at the moment, but I'm a big fan of trading Ford. It has solid volume and tends to trend a lot, you'll see a lot of movements that repeat themselves.

monkeyfist8 09-13-2012 05:36 PM
I disagree not a tough market at all right now. http://i192.photobucket.com/albums/z.../stockinfo.jpg
a $730.57 gain in 1 day after fee's not bad at all.

bigdog1250 09-13-2012 06:34 PM
How are you able to day trade ALL of those stocks in one day? Seems like a lot to focus on. Also, have you built a model that you use or are you just going by gut based on the news/announcements?

I was making some good money last year as I had a lot of money to play with, can't wait to get back into it.

monkeyfist8 09-13-2012 07:39 PM
Yes, I am able to day trade all of those stocks in 1 day. While I'm in my economics class, we have a 1 hour lab then a 1 hour class. Starts at 7 a.m. So during the lab I do all my research with the time last night, and then I am able to pick up the stocks and buy them. If you catch me on a monday/wednesday/friday, I do not have nearly as many stocks. Maybe one to two and sometimes three. Right now I'm trying a new pattern. I might go back to my old pattern I was making way more money.

phelan 09-13-2012 08:52 PM
yeah, day trading is one thing, but it's harder balancing my work with the research i need to do to be confident in my trading.

Mike 09-13-2012 10:14 PM
index funds

tibal 09-14-2012 09:52 AM
Damn dude. Thats a nice portfolio and some big names you have under your belt. I guess its true, if you do the DD you really can make some good happen.

I myself am really into doing long term penny's. I know that sounds a bit backwards, but in the past have made some good cake off start ups. Lets hope some more soon.

eastwest2300 09-17-2012 02:22 AM
I loooove talking about investing & money.. Im gonna like this thread.

Mr&Mrs 09-17-2012 04:20 AM
I checked all of monkeys stocks (from that day) and alot of them trend together. That is very good, I have 3 that like to do the same thing. They are all within the same industry so 98% of the time you can make money in all 3 at the same time.

The problem is they are very expensive so I can not buy very many at a time.

Also to not be considered a day trader I only make a few plays a week.

I would like to know what everyone here is using for their transactions. I currently use Scottrade.

birdmanx1 09-17-2012 07:58 AM
Quote:
Originally Posted by phelan (Post 1915521)
yeah, day trading is one thing, but it's harder balancing my work with the research i need to do to be confident in my trading.
I agree. Day trading works for some but not most. As for me, I wouldn't recommend it from personal experience. I put a huge amount of cash in one of my brokerage account towards the end of last year and earlier this year, made $20,000 in 2 weeks so I figured trading could be a way to generate extra income. The Greeks fear hit the market and poof all $20,000 got sucked right back in the market but I lost another $15000, then $25000, then another $20,000 LOL - it could have been worse, still suck to be cut $60k in the span of 7 months. Thank Goodness, I have a considerable cash reserve and that was a good lesson. I'll make the money back within a few months but not willing to play with stocks on my own anytime soon.

Long story short, be careful if day trading, I think the best way for it is if you are doing it full time and not juggling anything else. Tracking the market while presenting or im meetings and conferences at all times got old quick. Besides, the market seems way too inflated to me at this point, we are back to the 13k range but not for the reasons we should. QE3 announced, ECB bond purchase announced, meaning that for the short term there will be another bounce in market but who knows for how long. Moody's already announced they ll slash our rating further if we didn't get to an agreement.

Quote:
Originally Posted by Mike (Post 1915636)
index funds
With the looming sequestration, the nasty political environment (I personally deal with Senators - they battle on even the most remedial issues) I ll probably add index funds to my portfolio and rebalance my portfolio towards conservative end for next year should there be further turmoil - what brokerage firm do you get them from Mike? I do the max for 401k, max for Roth IRAs, mutual funds in place of college savings 529 for my daughter and other investment tools.

Sorry for the book guys, just figured I would share my experience and I'm always interested in investment discussions. Back on my vacation :tup:

birdmanx1 09-17-2012 08:02 AM
Quote:
Originally Posted by Mr&Mrs (Post 1919571)
I would like to know what everyone here is using for their transactions. I currently use Scottrade.
I have Trowe, Vanguard but use OptionsHouse and Tradeking for stock transaction. Both have the lowest transactions fees in industry - I highly recommend Tradeking, user friendly and excellent customer service

bigdog1250 09-17-2012 10:37 AM
Quote:
Originally Posted by birdmanx1 (Post 1919620)
I agree. Day trading works for some but not most. As for me, I wouldn't recommend it from personal experience. I put a huge amount of cash in one of my brokerage account towards the end of last year and earlier this year, made $20,000 in 2 weeks so I figured trading could be a way to generate extra income. The Greeks fear hit the market and poof all $20,000 got sucked right back in the market but I lost another $15000, then $25000, then another $20,000 LOL - it could have been worse, still suck to be cut $60k in the span of 7 months. Thank Goodness, I have a considerable cash reserve and that was a good lesson. I'll make the money back within a few months but not willing to play with stocks on my own anytime soon.

Long story short, be careful if day trading, I think the best way for it is if you are doing it full time and not juggling anything else. Tracking the market while presenting or im meetings and conferences at all times got old quick. Besides, the market seems way too inflated to me at this point, we are back to the 13k range but not for the reasons we should. QE3 announced, ECB bond purchase announced, meaning that for the short term there will be another bounce in market but who knows for how long. Moody's already announced they ll slash our rating further if we didn't get to an agreement.


With the looming sequestration, the nasty political environment (I personally deal with Senators - they battle on even the most remedial issues) I ll probably add index funds to my portfolio and rebalance my portfolio towards conservative end for next year should there be further turmoil - what brokerage firm do you get them from Mike? I do the max for 401k, max for Roth IRAs, mutual funds in place of college savings 529 for my daughter and other investment tools.

Sorry for the book guys, just figured I would share my experience and I'm always interested in investment discussions. Back on my vacation :tup:
^ +1 Good financial advice.

And to the guy that said it's smart to have things trend in the same direction... it's not. You have less return per unit of risk, this is a basic diversification principle.

tibal 09-17-2012 11:23 AM
Quote:
Originally Posted by eastwest2300 (Post 1919544)
I loooove talking about investing & money.. Im gonna like this thread.
Ohh yeahhh!!

Quote:
Originally Posted by Mr&Mrs (Post 1919571)
I checked all of monkeys stocks (from that day) and alot of them trend together. That is very good, I have 3 that like to do the same thing. They are all within the same industry so 98% of the time you can make money in all 3 at the same time.

The problem is they are very expensive so I can not buy very many at a time.

Also to not be considered a day trader I only make a few plays a week.

I would like to know what everyone here is using for their transactions. I currently use Scottrade.
I have been with Etrade for the past 5 years and no complaints thus far. It kind of sucks that they charge 10 bucks per transaction, but I have seen others that are even more. I am comfortable w/ the interface.

The main issue is that you have to be able to work your way up, but for some like myself (cough cough) it seems that working the way up to buy more of the big money stocks is taking a litttttllee longggerr than anticipatedd.

Quote:
Originally Posted by birdmanx1 (Post 1919620)
I agree. Day trading works for some but not most. As for me, I wouldn't recommend it from personal experience. I put a huge amount of cash in one of my brokerage account towards the end of last year and earlier this year, made $20,000 in 2 weeks so I figured trading could be a way to generate extra income. The Greeks fear hit the market and poof all $20,000 got sucked right back in the market but I lost another $15000, then $25000, then another $20,000 LOL - it could have been worse, still suck to be cut $60k in the span of 7 months. Thank Goodness, I have a considerable cash reserve and that was a good lesson. I'll make the money back within a few months but not willing to play with stocks on my own anytime soon.

Long story short, be careful if day trading, I think the best way for it is if you are doing it full time and not juggling anything else. Tracking the market while presenting or im meetings and conferences at all times got old quick. Besides, the market seems way too inflated to me at this point, we are back to the 13k range but not for the reasons we should. QE3 announced, ECB bond purchase announced, meaning that for the short term there will be another bounce in market but who knows for how long. Moody's already announced they ll slash our rating further if we didn't get to an agreement.


With the looming sequestration, the nasty political environment (I personally deal with Senators - they battle on even the most remedial issues) I ll probably add index funds to my portfolio and rebalance my portfolio towards conservative end for next year should there be further turmoil - what brokerage firm do you get them from Mike? I do the max for 401k, max for Roth IRAs, mutual funds in place of college savings 529 for my daughter and other investment tools.

Sorry for the book guys, just figured I would share my experience and I'm always interested in investment discussions. Back on my vacation :tup:
Great advice! I am going to definitely check out TK.

Mr&Mrs 09-17-2012 12:00 PM
Quote:
Originally Posted by bigdog1250 (Post 1919937)
^ +1 Good financial advice.

And to the guy that said it's smart to have things trend in the same direction... it's not. You have less return per unit of risk, this is a basic diversification principle.
To some extent I agree, but to another i disagree. If I know:

These three stocks move together, one cost X amount, the next cost a lower X amount, etc. I can make different buy in's basically on the same product. Almost like holding a stock that has dropped below your buy in and buying again at a lower rate (of course with hopes) and selling it back on an up day. This offsets a loss or if it goes above your initial buy in, money in the bank.

I do a lot of things not by the book and it works for me. I also happen to work for one of the companies and known when quarters/months/days will be good. If we are making money they are making money. Diversification is best put to use with the intent of an offset to losses. I dont plan on losing nor have I yet on my favorite 3. :tiphat:

To birdman sorry about your hard time. Even an inflated market has great return on day trade style plays. Don’t get me wrong I do long term on lower priced "penny" stocks, but the bulk of my profit has been in and out trades.

I know I will have a lot of people disagree with me, but oh well it is what it is :tup:

bigdog1250 09-17-2012 03:00 PM
Quote:
Originally Posted by Mr&Mrs (Post 1920117)
To some extent I agree, but to another i disagree. If I know:

These three stocks move together, one cost X amount, the next cost a lower X amount, etc. I can make different buy in's basically on the same product. Almost like holding a stock that has dropped below your buy in and buying again at a lower rate (of course with hopes) and selling it back on an up day. This offsets a loss or if it goes above your initial buy in, money in the bank.

I do a lot of things not by the book and it works for me. I also happen to work for one of the companies and known when quarters/months/days will be good. If we are making money they are making money. Diversification is best put to use with the intent of an offset to losses. I dont plan on losing nor have I yet on my favorite 3. :tiphat:

To birdman sorry about your hard time. Even an inflated market has great return on day trade style plays. Don’t get me wrong I do long term on lower priced "penny" stocks, but the bulk of my profit has been in and out trades.

I know I will have a lot of people disagree with me, but oh well it is what it is :tup:
You're right in what you say, but you're trading on insider info (not something I'd suggest sharing). Also the buying in at a lower rate is called dollar cost averaging.

"Diversification is best put to use with the intent of an offset to losses." - True, and it's proven to lower unsystematic risk which you are greatly exposed to.

Mr&Mrs 09-17-2012 03:57 PM
Technically it is not insider trading I know nothing about the true numbers until after they come out. I just go with my gut on the performance of the company. It is not illegal to invest in the company you work for :tup:

I can see we butt heads a little so I will end my discussion.

birdmanx1 09-17-2012 09:50 PM
Quote:
Originally Posted by bigdog1250 (Post 1919937)
^ +1 Good financial advice.

And to the guy that said it's smart to have things trend in the same direction... it's not. You have less return per unit of risk, this is a basic diversification principle.
Quote:
Originally Posted by tibal (Post 1920052)
Great advice! I am going to definitely check out TK.
Glad to read that guys :tup:
Quote:
Originally Posted by Mr&Mrs (Post 1920117)
To birdman sorry about your hard time. Even an inflated market has great return on day trade style plays. Don’t get me wrong I do long term on lower priced "penny" stocks, but the bulk of my profit has been in and out trades.

I know I will have a lot of people disagree with me, but oh well it is what it is :tup:
Thanks bro, I appreciate it. Like I said the $60k cash I lost were a fraction of my cash reserve so I'm doing very well... Thank GOD. Still it sucks to look at some balances in my account and seeing it without the $60K I lost. Please don't get me wrong, some actually make day trading work in the favor far better than longer term; however, there is always, always, always that risk where one might get blindsided. In this game, one has to be ready to pack a great deal of $$ as well as lose a great deal of $$ without having any urge to jump off a building LOL.

The safe & disciplined road with stocks is far better than the erractic, high risk way over the long run. :tup:

eastwest2300 09-18-2012 08:56 AM
Birdman, I didnt know you were into investing.. we need to get together over lunch and talk about a few things.

birdmanx1 09-18-2012 09:58 AM
Quote:
Originally Posted by eastwest2300 (Post 1921707)
Birdman, I didnt know you were into investing.. we need to get together over lunch and talk about a few things.
Anytime bro, it's one thing I am very much interested into and always have been long before working for one of the largest asset manager. Let's do Dee, we'll exchange tips & what not. In this field, no one has the monopoly of knowledge :tup:

tibal 09-18-2012 08:45 PM
Quote:
Originally Posted by eastwest2300 (Post 1921707)
Birdman, I didnt know you were into investing.. we need to get together over lunch and talk about a few things.
Quote:
Originally Posted by birdmanx1 (Post 1921794)
Anytime bro, it's one thing I am very much interested into and always have been long before working for one of the largest asset manager. Let's do Dee, we'll exchange tips & what not. In this field, no one has the monopoly of knowledge :tup:
Can I come?!? :hello:

On a side note finally one of the stock that I have been holding

GUID Guidance Software, Inc.
NASDAQ:

Appears to me in an upwards trend. This has been a 5 year hold beginning at 15>0 and now up to 11+.

birdmanx1 09-18-2012 09:18 PM
Quote:
Originally Posted by tibal (Post 1922942)
Can I come?!? :hello:

On a side note finally one of the stock that I have been holding

GUID Guidance Software, Inc.
NASDAQ:

Appears to me in an upwards trend. This has been a 5 year hold beginning at 15>0 and now up to 11+.
Of course Tibal, the more we are the merrier it gets :icon17: Glad you are getting some nice upwards trends on your investments. Again, short term wise, there is great potential for some positive gains; however, it's all hard to factor in what the upcoming election has to do with this, there is usually a Christmas bump. We still don't know what will come out of Greece, Spain, Italy. We still don't know what will come January 1st 2013 (IF THE WORLD DOESN'T END DEC 21 2012 LOL) with the sequestration so... those are things to keep that in mind.

Too many things in this market to make it predictable. Company does well, stock goes down, company does bad stock goes up :facepalm: :icon17:

Rui Z 09-18-2012 09:25 PM
I just started trading earlier this year. It's been fun. Still trying to decide if I want to be a day trader or swing trader. I currently play mostly biotech stocks.

Rui Z 09-18-2012 09:29 PM
Hey Birdman, is that you on Stocktwits with the 370Z Nismo Avatar?

birdmanx1 09-18-2012 09:44 PM
Quote:
Originally Posted by Rui Z (Post 1923006)
Hey Birdman, is that you on Stocktwits with the 370Z Nismo Avatar?
Hey Rui, it's not me friend. I guess a trader who loves the Nismos... :tup:

tibal 09-19-2012 08:22 AM
Quote:
Originally Posted by birdmanx1 (Post 1922994)
Of course Tibal, the more we are the merrier it gets :icon17: Glad you are getting some nice upwards trends on your investments. Again, short term wise, there is great potential for some positive gains; however, it's all hard to factor in what the upcoming election has to do with this, there is usually a Christmas bump. We still don't know what will come out of Greece, Spain, Italy. We still don't know what will come January 1st 2013 (IF THE WORLD DOESN'T END DEC 21 2012 LOL) with the sequestration so... those are things to keep that in mind.

Too many things in this market to make it predictable. Company does well, stock goes down, company does bad stock goes up :facepalm: :icon17:
Couldnt say it better myself. I just LOVE how playing with these pennies has made me realize that is 100% true. It seems that off news days are the ones where I can actually make some profit, but BAM the morning of news they will go up then are slammed right down by the MMs. I guess its all about knowing how to play it right.


Quote:
Originally Posted by Rui Z (Post 1923001)
I just started trading earlier this year. It's been fun. Still trying to decide if I want to be a day trader or swing trader. I currently play mostly biotech stocks.
It could be very lucrative to become a day trader, but at this point I think I just don't have enough faith in my moves, on top of not keeping up with it enough.

Easy to become a fully time job if one is really into it. Thats why I just stick to long term stocks and hold my positions. Sucks when you see negatives :rolleyes:, but once it goes up, hopefully well worth it. :eekdance:

tibal 09-19-2012 08:23 AM
Any of yor guys on Investorshub? I do a lot of my DD and briefing on there to see who is pumping and who is dumping. Its come to the point that I know who to follow and who to stay clear of if they are pumping a stock.

Rui Z 09-19-2012 03:50 PM
Not a fan of pump and dump Penny stocks. I got roped into tryin it a few times by my friend. I saw a transaction that got posted on Nasdaq.com After Hours for $700,000 , which is a lot for a penny stock. My friend didn't think much about the transaction. I smelled something fishy, so I got rid of everything first thing in the morning. Sure enough an hour later the thing dropped over 50% and kept dropping from then on out. My friend got screwed and we never went back to penny stocks after that. Be careful.

Rui Z 09-19-2012 03:56 PM
Quote:
Originally Posted by tibal (Post 1923514)
Any of yor guys on Investorshub? I do a lot of my DD and briefing on there to see who is pumping and who is dumping. Its come to the point that I know who to follow and who to stay clear of if they are pumping a stock.
Have you had a lot of success with penny stocks? Any horror or victory stories?

tibal 09-21-2012 08:17 AM
Quote:
Originally Posted by Rui Z (Post 1924322)
Not a fan of pump and dump Penny stocks. I got roped into tryin it a few times by my friend. I saw a transaction that got posted on Nasdaq.com After Hours for $700,000 , which is a lot for a penny stock. My friend didn't think much about the transaction. I smelled something fishy, so I got rid of everything first thing in the morning. Sure enough an hour later the thing dropped over 50% and kept dropping from then on out. My friend got screwed and we never went back to penny stocks after that. Be careful.
That is a GREAT catch for you, but ashame for your buddy. That is the thing, you never know if say there is a lot of dilution going on, and that the "CEOs"/ MMs are just selling off an absurd amount of their stock at a high and making it run, while knowing it is going to fall. I always try and think, for every sell, there is a buy, and every buy, there is a sell.

Quote:
Originally Posted by Rui Z (Post 1924334)
Have you had a lot of success with penny stocks? Any horror or victory stories?
Haha best of both worlds I guess. I have had a few nice catches, last year I lucked out tremendously getting into a stock at a dip that shot up more than triple in a day. But on the other side of the spectrum, when I take a glance at all the RED in my portfolio, it seems that that any big gains are smothered by any overall negatives.

Here and there, especially on Fridays, I like to take any minor gains that I can. So $150-$300 here and there adds up over time. Like most, I will just reinvest, but it honestly is a hard thing playing without emotion and the thought that you are going to strike it big. (we all hope) :happydance:

Yesterday I was up 100% within one of my pinkeys w/ news which was very uncharacteristic. I decided to keep the shares in it and see where it goes. Maybe today ill sell some off in hopes to get back in at a low on Monday. :stirthepot:

bigdog1250 09-21-2012 10:31 AM
Make use of those stop-limit orders! If you're stock is making some money, I always find it helpful to put one on or use a trailing stop to protect my profits. As the stock moves up, keep adjusting that stop order upward to lock in more.

I can't wait to have some extra cash to get back in the market.

tibal 09-21-2012 11:48 AM
Quote:
Originally Posted by bigdog1250 (Post 1926029)
Make use of those stop-limit orders! If you're stock is making some money, I always find it helpful to put one on or use a trailing stop to protect my profits. As the stock moves up, keep adjusting that stop order upward to lock in more.

I can't wait to have some extra cash to get back in the market.
The mans got it! That is key. Such a great way to keep one from being too greedy. I have been really trying to increase my skills in reading actual charts, candles etc, but damn there is a ton to know. I have been watching MACD and such and seeing how it appears to be moving within a stock, but overall L2 is kind of still foreign to me.

Need extra cash to invest?! Sell your body, its foolproof and no I don't mean organs :eekdance:

Seriously, its a great way to keep on the edge of your seat, nothing better than seeing your hard earned money fluctuate.

tibal 09-21-2012 11:50 AM
News just in, I think I may take a stab at FOREX with one of my buddies who is interested in investing. He has been using one of the training programs with real time numbers and has been doing pretty well. I have NO clue as to how, what is needed etc. All I know is if I link it to Etrade its a 2k minimum to open an acct. Anyone here dabble? I know I have read that some of you have? Is it a smart time to try it?

tibal 10-18-2012 03:08 PM
No giving financial advice or anything but...

This is a gem and lot of room to still get in if things keep moving as expected.

SOLANBRIDGE GROUP INC COM SLNX: OTC Pink

Also DIIG

Check em out +0.047 (+1,566.67%) for the day not bad :P

bigdog1250 10-18-2012 03:10 PM
I still don't have any cash to play with :( Hopefully will before year's end

tibal 10-18-2012 03:24 PM
Quote:
Originally Posted by bigdog1250 (Post 1968666)
I still don't have any cash to play with :( Hopefully will before year's end
I hear you! That will give you plenty of time to do some solid DD into the upcoming year. :tup:

Mt Tam I am 10-18-2012 04:51 PM
The best advice I ever got was "If it don't go up. Don't buy it."

As tough to argue, as it is to make it work.

tibal 10-30-2012 03:40 PM
Quote:
Originally Posted by Mt Tam I am (Post 1968844)
The best advice I ever got was "If it don't go up. Don't buy it."

As tough to argue, as it is to make it work.
Thats how its gotta be for sure. One of the things I have been doing is really trying to "understand" the market, trends, and especially how to read the graphs.


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