Anybody hear plays Wallstreet

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  • HAPPY BOY
    SBR Hall of Famer
    • 08-10-05
    • 7109

    #1
    Anybody hear plays Wallstreet
    Love gambling on football, just thought I'd throw it out there. Does anybody here play the market. If so love to hear some stories. I've done well on mutual funds, and even some stocks individually, however sirus sattlelie radio has torn me a new A-hole! Bought the stock when I heard Howard was comming on board, but lately been taken a beaten as I seen it tumble from 6.30 to 3.77 what the hell? Oh well if any of you cats have any thoughts or picks on wallstreet I'd love to hear your takes.
  • jjgold
    SBR Aristocracy
    • 07-20-05
    • 388179

    #2
    I played options a while back and broke about even, best value though and limited known risk.

    I traded regular stocks but if your not on the inside you will eventually get gobbled up and lose. Buy some long term Dow stocks only.

    I tried Futures also and again its a losing prop.

    The stock game is for the rich and the insiders only
    Comment
    • HAPPY BOY
      SBR Hall of Famer
      • 08-10-05
      • 7109

      #3
      Never done the futres JJ seemed a bit risky, I know the upside can be huge and thats what makes them so attractive. Iv'e learned that long term best of breed is the way to go. but my gambling instinct sometimes gets the best of me and i try to find that magic rocket to riches. also. just thought Id say welcome back man.
      Comment
      • jjgold
        SBR Aristocracy
        • 07-20-05
        • 388179

        #4
        Thanks Happy Boy

        There is no way you can get into the market unless you have at least 50k to trade and pay like $5 per trade and play the 1/2 points win or lose if you want to make lots of trades.

        The long term thing is still the way to go unless your watching the news 24 hrs a day with trading screens in front of you.
        Comment
        • TLasVegas702
          SBR Rookie
          • 07-27-06
          • 44

          #5
          my advice for you...

          my best advice for you...

          every time cramer or someone/mutherf--ker recommend a stock. Don't buy...maybe short it. They gave howard stern so much money to promote the company. Where do you think they come up with the money?--inflate the stock...more people come in...then sink it. fuckin rich people.

          second advice...
          if you see a stock bounce up...as in up and up and then goes back to origin price...time to buy buy buy. That is the signal for the rich people to buy before it take off. This goes vice-verse...go down and back up...this allow fucker to get off the boat before it sink.

          my history?
          start with small cap. 6yrs ago
          then moved to middle caps...
          got screwed with both...now with big caps...
          2 favorite company for long term...apple and can you say google?
          I'm suspicous about apple..due to the fact CEO sold of millions of share for tax purpose..my ass..CEO knows that there is accountant irregularrities. they have to reinstate their numbers..I will right but still puzzle about the stock going up lately...go up to 70 for fucker to get off the boat. I see the stock hitting below 50 to kill all those purchase at 53!!

          my ultimate goal for stock is 1k per day or 1-2weeks.
          hey...remember...no margin or options...just cash...if it fall...**** it..leave it alone...it will rise eventually. they can't **** with you with cash in account.
          Comment
          • HAPPY BOY
            SBR Hall of Famer
            • 08-10-05
            • 7109

            #6
            thanks vegas can't say I disagree with you. think Ill try to scoop up some siruis (siri) at about 3.70 then dump the fucker around 4.-5 mayebe 4.10. repeat as needed.
            Comment
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