we need more action in threads like this one..as the stalk market is nothing other than legalized gambling..Glad I found this thread...
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Was thinking about posting my trade in here today.
Bought 5 BRK-B shares at the open. Got in around 3400 inclusive of in and out fees. I think when they split tonight that will allow an entirely different class of shareholder to be a Berkshire shareholder and they will pop... of course if this is already built into the stock I will lose... but if I lose I will just hold my 250 shares...
Also with added liquidity S&P might want to replace a stock in the index with Berkshire giving it a pop from index fund accumulation. We shall see.Comment -
I'd go long DAN.
Stock is a Strong Buy.
Comments Moving Average Convergence/Divergence (MACD) indicates a Bullish Trend.
Chart pattern indicates a Strong Upward Trend.
Relative Strength is Bullish.
Up/Down volume pattern indicates that the stock is under Accumulation.
The 50 day Moving Average is rising which is Bullish.
The 200 day Moving Average is rising which is Bullish.
Look for Support at 11.27
Your almost right about this stock. It has been a very good momentum stock that I have been on since July. I think all of these stocks that have been speculated on will get hit in the near future when the market corrects. It is a hard stock to short, and as a matter of fact, it hit support today at around 11.15 on my chart, and I bought for the very short term, but I also have a long term short play going on with this stock because I think they will get hit. I will sell it and add to my short position when it climbs upto the $12.25 area. That is the area of resistance that I see for this stock.
If however it starts climbing up with volume and breaks through the $12.25 barrier, I will get out of the way, and probably go long for another round.Comment -
What a joke. MSNBC only interviewing people in favor of Bernanke's reconfirmation. What happened to balanced journalism? Why not interview Ron Paul? Propaganda machine in full swing. If the Zionists don't get their man back, this could get ugly. Dow down 200+ points for second day in a row.Comment -
brutal correction , hope next week will be better .Comment -
Lot of uncertainty with Obummer playing the populist role hating on the banks, and rumors Helicopter Ben may be shown the door.Comment -
Obama raging against the banks as an excuse is just that. The market has been due for a correction for a long time now. The main culprit is the earnings reports coming in and showing for the most part NO top line growth. So the rally that started back last march has started to come home to roost. Investors were dupped into buying stocks with high P/E ratios under the guidelines that the 4th quarter was going to bring top line growth, and thus justify the stock price. Well it didn't happen.
Also allot of the big banks that were speculating on stocks that don't deserve their stock price, but have had good momemtum, (I'm looking at you Dana (DAN)), are now starting to pull out their money, and as usual leaving the retail investor and 401K holders holding the bag.
What a shocker, the fat cats at Wall Street are using the same old tricks that they have been using since they had a Wall Street. Get the retail people in with a story and use their desire and greed to get them in, then take out the fat cat money and short the stock on the way down.
This correction will probably see the July 2009 levels with in 2 months, and probably with in a month.
Oddly enough though, I expect the market to rally next week, so before you just but a stock thinking that the correction is over, look to see if the market can get above the Tuesdays highs in the S&P 500(SPY) and the Russell 2000 (IWM). If the market can't take out those highs, the market will plunge again.
I still say we will see the March 2009 lows. I said it last year too, but the crooks on Wall Street in kahoots with the crooks in Washington have delayed this action, but they have not prevented it.Comment -
Buy AIV. Upside potential of 300%, releasing earnings on Feb. 5. Have a history of beating earnings. 2.4% dividend while you wait.Comment -
Anyone else excited about the new apple tablet?Comment -
I prefer bloomberg most of the time..CNBC are a bunch of Demy nut riding F***ers... That air some good documentaries every now and then..And the fat Joe Kernen on squak box is the most insecure idiot I'v ever seen..Comment -
I watch CNBC just to see the biatches. Any information that they are giving is usually designed to scam the public. Like when the market has a correction, they can usually find a dumb excuse that has nothing to do with the actual reason.Comment -
I would marry Erin Burnett in a heartbeat.Comment -
wow iPad is a horrible name...Comment -
Wow short aapl $195. Go long cree $57, f $11.Comment -
My long AIV recommendation was at $15.54 and long DAN recommendation was at $11.45.Comment -
good call bonerComment -
Nice one Bone...Love some split action..Comment -
Long PCX. I got my clients in at $16.16 a few days ago. Was up 9.5% today. Release earnings tomorrow; historically beat them. Stock 300% off it's highs as of a few years ago.Comment -
Patriot Coal’s profit plunged 83 percent in the fourth quarter on $20.2 million in restructuring and impairment charges but still surpassed the expectations of analysts, who had predicted a loss.
The company reported a profit of $10.9 million, or 12 cents a share, for the quarter ended Dec. 31, down from $63.4 million, or 82 cents a share, a year earlier.
Profit was reduced by a $20.2 million restructuring and impairment charge related to coal reserves and infrastructure.
Revenue totaled $503.2 million in the fourth quarter, down 7 percent from $541 million in the prior-year quarter.
Analysts polled by Thomson Reuters forecast a loss of 40 cents on revenue of $523 million.
For full 2009, Patriot reported a profit of $127.2 million, down 11 percent from $142.7 million. Revenue topped $2 billion, up 18 percent from $1.7 billion in 2008.
Talk about a buying opportunity. A large portion of their drop in profit was caused by a one-time change in their restructuring and impairment charge related to coal reserves and infrastructure. PCX posted a profit while analysts expected a loss. This company always blows away expectations and I hold my BUY opinion. Down 3.66% today to $16.34. Go long.Comment -
Well it looks like the dollar is going to have a break out point failure, so the AUY play I recommended is starting to pop. It may take some time because of the techincals on the dollar, but I believe AUY will pop up to around $12.00 soon enough.
I like DAN to go back up and test resistance at around $11.40, but it would be better if it can test the resistance at around $12.25 again, so I can short the shit out of it again when the market takes its next leg down.Comment -
Aaaand
PCX14.30-2.23-13.49%
Has nothing to do with European sovereignty or unemployment; great buying opportunity.Comment -
woot im with you buzComment -
Pcx 15.11 +0.8099 (5.66%)Comment -
My primary holding is a tightly wound low-priced former shell
ticker is VOIG.
There are only 12 million shares, 2 million float. Been in it for 6 months, seen a handful of 2-300% runs, but the next one it will break out permanently.
Perfect time to buy. This is a fully reporting OTC Bulletin Board stock, not a Pink.
ticker/name change coming. Ownership (reverse merger) already filed, and name change filed with Nevada SOS to "Generation Zero Group".
Just hold until all the news hits .. btw the former owner has agreed to lock up all his common shares for a full year. He's expressed high confidence in the new owners, of a totally new company !
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Don't be brave trying to pick a bottom boys. Step on the gas on those shorts.Comment -
I'm getting out. Taking some relatively small losses, because I had only bought bargains.
I did a projection for the next month, apart from what is going on today, and believe there is a high likelihood that the market is going to crash.
I'll wait for a little bounce next week to sell off my other stuff, and will start shorting.Comment -
I will throw out another trade Im playing, today I bought 10k shares of SIMG @ $2.25. Stock has fallen 18 straight trading days ($2.90 to $2.20), they reported earnings last night and missed small on revenue and eps. They have no debt and share price is equivalent to book value at this price. Im betting the bad news on earnings and revenue has been priced in by the last 18 day sell off, thus the lack of any sell off today. Will set a stop on Monday after seeing where it opens. No target price as of yet. Will update as usual.
laterComment -
Good buying opportunity with Toyota (TM) Feb 5: 74.71
2.93 (4.08%)
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going to be a good dayComment -
Cool story: One of my clients bought xcho.ob at $0.09 about a month ago. It's now Feb 9: 0.275 0.00 (0.00%). At 600,000 shares, he's banked about $100k. Told him to not forget to tip his humble broker after he's bought his new Z06 (although I would've gone with a Porsche).Comment -
Markets are very bearish for the time being:
SPY:
Date: 2/10/10
Price: 107.22
Recommendation Avoid the stock.
Stock is Not a Short Sale Candidate.
If you are Long; close position or monitor stock closely.
Caution: Market Posture is Bullish. See Market Letter for details.
Comments Moving Average Convergence/Divergence (MACD) indicates a Bearish Trend.
Chart pattern indicates a Weak Downward Trend.
Relative Strength is Neutral.
Up/Down volume pattern indicates that the stock is under Distribution.
The 50 day Moving Average is falling which is Bearish.
The 200 day Moving Average is rising which is Bullish.
Look for Support at 106.56
Opinion AVOID Date Opinion Formed2/03/10 Price Opinion Formed110.38Comment
