Any stock day traders in here?

RCZ

whats everyone else doing?

phelan

debating if i want to buy activision and play an amusing game of "will this stock benefit from diablo 3 and starcraft 2 dorks?"

__________________

凛 ('Rin') - 2009 Nissan 370Z
With silence comes peace. With peace comes freedom. With freedom comes silence.

theDreamer

As a nerd who plays those games, it is a tough bet. They never give deadlines on those two games, so no ETA on when they launch. You can bet on them selling like crazy the first two weeks, but you might have missed any real gains since they already officially announced the games.

__________________
theDreamer's Z // Fast Intentions // Uprev // GTM // HKS // TEIN
theDreamer's Silvia // URAS // GREDDY
Houston Zs // Facebook // Twitter // Instagram

370Zsteve

WoW - Troll Warrior - Protection Spec - Lvl 80
Happy Activision Stockholder since 2004

__________________
SOLD MY Z MARCH 2018 - another Core OG moves on - new ride 2019 Z Corvette Grand Sport - no mods necessary but already have eyes on HFC and intakes LOL IT NEVER ENDS.

phelan

yeah, it's a hard stock to play imo, i still think there's potential, but it could easily turn into another long-term hold for me if they keep delaying release. maybe as the release date firms up i'll look at it again.

gold is at record highs...and stable... O_o;;

__________________

凛 ('Rin') - 2009 Nissan 370Z
With silence comes peace. With peace comes freedom. With freedom comes silence.

Chupacabra

question: is there like a book to read or something on how to day trade. I have always wanted to do it, but not knowing anything of the stock market I am scared of entering.

__________________
Where are my aluminum pedals?

370Zsteve

I can give you a few books on why daytrading is for fools..............

__________________
SOLD MY Z MARCH 2018 - another Core OG moves on - new ride 2019 Z Corvette Grand Sport - no mods necessary but already have eyes on HFC and intakes LOL IT NEVER ENDS.

RCZ

How is this ******* productive? What value did that comment add to the thread? Do you think you're funny, or right? man people like you piss me off.

Its like you think by reading books you know more than the next guy? Give me a few books? I don't need books, I just quit the industry 4 months ago.

We are trying to exchange useful information here and what do you do? come in here and call us fools and try to pretend you are cool even though you just made the nerdiest WoW joke I've ever heard?

Do you even have a 370z yet?

I'm not even gonna get started on your sig because somehow I'm not surprised about how obnoxious it is.

Any other stupid comments to stir the pot or do you want to say something useful for a change? Your choice.

I have no more patience for crap like this.

370Zsteve

Easy there big fella. No offense intended. It was my opinion, nothing more. I suppose in my defense, holding Activision as my largest holding for 5 years proves my point, being in the stock market for decades does the same. I've done very well in the markets, I think the DJIA was somewhere around 1000 when I first got in. I'm 55, and I quit my full-time job 4 years ago. Dividends alone pay my mortgage. Compounded dividends, over time, ftw.

I didn't make a 'WoW joke', so not sure where that is coming from. I did make a comment that I actually have a WoW account. In fact, I created it for DD on my Activision holding when the merger with Blizzard was announced. It convinced me to substantially add to my ATVI.

Don't have a 370Z yet, sorry about that. And I am not alone in that regard on this forum. I'm waiting for the sale of a piece of real estate to close. Yes, real estate. A great investment, long-term. Then I'll pay cash for my 370Z. In fact, I could buy 40 of them from the sale of this house in Brooklyn, but one should be enough. Just checked with Fusz on his inventory yesterday.

Didn't realize ownership was required to post.

I suppose in retrospect I was a bit harsh using the word 'fools'. Stupid on my part.

I don't read too many books on the subject, never have. My old man was head of the Trust Dept for Bankers Trust on Wall St back in the day, and his old man owned a brokerage. I kind of grew up with this sh!t. The fact that you "quit the industry 4 months ago" does not impress me in the slightest, but I've never had an issue with you (or anyone else besides the mudman) on this forum. Seems to be a touchy subject with you, so I'll just back off trying to give "useful information" about why I think daytrading is a losing bet. That doesn't mean I don't wish you good luck at it, or success.

As for the sig, you think it's obnoxious, that's fine with me. Your opinion on my sig is worth nothing.

You want a tip? Buy Eli Lilly asap, hold it for ten years, you'll be rich. Look at the cash flow, look at the P/E.

Again, no offense intended, had I realized how passionate you guys are about the subject, it never would have happened.

On that note..........................

__________________
SOLD MY Z MARCH 2018 - another Core OG moves on - new ride 2019 Z Corvette Grand Sport - no mods necessary but already have eyes on HFC and intakes LOL IT NEVER ENDS.

370Zsteve

I should stay away, but how can I resist? Do your due diligence, research and invest in companies that will make you real money rather than listening to fast-buck types that chase squiggly lines around a chart all day.

We now leave this thread to the line-chasers, as they cannot handle constructive criticism. Mebbe I start a thread about how to "invest" and not "speculate". Y'all are welcome to join it and flame the living crap out of me.

Lilly swings to profit, raises forecast

BOSTON (MarketWatch) -- Eli Lilly & Co. said Wednesday it swung to a third-quarter profit after solid sales in the 2009 quarter as well as year-earlier litigation charges related to its drug Zyprexa.

Lilly (LLY) posted net income of $941.8 million, or 86 cents a share. In the year-ago period it lost $465.6 million, or 43 cents a share.

Last year's quarter featured a charge of $1.48 billion associated with litigation over its psychiatric drug Zyprexa.

This year's quarter contained a charge of $425 million related to the sale of its Tippecanoe, Ind., facility to chemical-maker Evonik Laboratories AG.

Excluding various items, Lilly (LLY) would have reported adjusted earnings of $1.20 a share versus the year-earlier 98 cents.

Revenue for the quarter rose 7% to $5.56 billion.

Lilly's results topped Wall Street estimates. A poll of analysts by FactSet Research pegged Lilly at posting earnings of $1.02 a share, on revenue of $5.41 billion.

Lilly's positive report prompted the company to raise its financial forecast for the year. The company said that it now expects full-year adjusted earnings of $4.30 to $4.40 a share, compared to its previous forecast of $4.20 to $4.30 a share. Reported earnings per share should come in between $3.90 and $4.00.

Analysts were expecting a profit of $4.29 a share, according to FactSet.

Sales of the company's best-selling product, the psychiatric drug Zyprexa, were $1.22 billion, up 3%. Sales of the antidepressant Cymbalta, its second best-seller, rose 10% to $790 million.

The company's diabetes product Humalog saw sales climb 16% to $500 million, while sales of the oncology product Alimta took in sales of $462 million, up 47%.

__________________
SOLD MY Z MARCH 2018 - another Core OG moves on - new ride 2019 Z Corvette Grand Sport - no mods necessary but already have eyes on HFC and intakes LOL IT NEVER ENDS.

RCZ

Activision could benefit from the release of those games, but I think the gains are already priced in, any other jump will happen when the sales numbers come in. I would wait for that and make money elsewhere in the meantime.

Gold I'm not touching with a ten foot pole. I looked at VGZ to play the gold game and I'm glad i went with my feeling that it was too late to get in.

Chupacabra: there are books out there that can help a lot, but you would also greatly benefit from doing the tutorials on e-trade.com. They have some amazing tools on that website that can make your life a lot easier and its 10 bucks a trade...

oh and one more thing folks, if you are looking at LVS, be very careful with it. Keep an eye on those stochastics. Also I think its got room to go down back into the 16's again. I managed to make some cash on it today, but man did I suffer through it.

phelan

see, generally i stay the hell away from casino stocks. the only reason i'm in right now is for WYNN's macau IPO that's coming up this friday. after that i'm anticipating a quick sell to lock in profits and then free up some funds to do more day trading fun.

__________________

凛 ('Rin') - 2009 Nissan 370Z
With silence comes peace. With peace comes freedom. With freedom comes silence.

AB370Z

Here's an article on Wynn Macau IPO but you may have already seen.

PREVIEW-High price, tough market stack odds against Wynn Macau | Deals | IPOs | Reuters


I was in Macau in Sept 2008...the Wynn hotel part (not casino) was surprisingly small (minature replica version) compared to the Las Vegas Wynn. Maybe it has expanded much in the last year?

The Venetian Macau was the most impressive hotel and casino...a lot bigger than any in Vegas.

phelan

yeah might be holding onto wynn longer than anticipated, but that's okay, i have other things

__________________

凛 ('Rin') - 2009 Nissan 370Z
With silence comes peace. With peace comes freedom. With freedom comes silence.

RCZ

Hmm, LVS is piggybacking on WYNN a bit. I just didnt have time to make any smart decisions today so I didnt get into anything. I hate days like this where you don't get a clear heading in the morning...