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Any stock day traders in here?

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

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Old 10-07-2009, 01:42 PM   #1 (permalink)
RCZ
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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.

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Old 10-07-2009, 02:29 PM   #2 (permalink)
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Originally Posted by RCZ View Post
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.
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.
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Old 10-07-2009, 07:00 PM   #3 (permalink)
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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.
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.
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