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Talking stocks, trading, and investing in general

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SkinnyGoomba

SkinnyGoomba

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I think this week is going to suck, Jim did not help the general feeling of the times. I'm glad I did not eliminate my bond positions as many many fund managers were suggesting to do.
 
idfnl

idfnl

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Alter said:
Sold 75% of my holdings at +300%. Damn hindsight, wishing I had invested more than the pittance I did.
Click to expand...


Tell me about it. I sold on the pre announcement pop a couple of months ago and made 65%....
 
idfnl

idfnl

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**** YA... looks like I got me some Facebook shares.
 
javyn

javyn

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Dbear said:
what's driving gluu today.  normal flux is 2-4%, daily, but just jumped to 13% in a blink of an eye.
Click to expand...


Trying to figure this one out....this volume came outta nowhere. Maybe takeover chatter? This is the exact reason I haven't taken profits, when she sinks, she sinks slowly over days...but when she pops, it's almost instant.

edit: Could be this CNBC vid....?

http://www.cnbc.com/id/47432664
 
Last edited:
Dbear

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^ i just assumed it was some fund buying in, for whatever reasons...couldn't find any news about anything

edit: lol >>>> Glu Mobile (Nasdaq: GLUU) 15.6% HIGHER; shares are getting juiced mid-day after CNBC FastMoney highlighted it as a social gaming stock. The stock also bounced off its 50-day SMA just following the mention.
 
Last edited:
idfnl

idfnl

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No posts = everyone losing money
 
Infrasonic

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Everyone taking a bath on FB yet?...:lurk:
 
idfnl

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Last edited:
javyn

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Yikes. I almost went into QPSA today, glad I didn't. Up 10% on open, then right back down 15% heh

Since FB can't make any revs from mobile devices at this point in time, I'm avoiding that one too.
 
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idfnl

idfnl

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javyn said:
Yikes. I almost went into QPSA today, glad I didn't. Up 10% on open, then right back down 15% heh
Since FB can't make any revs from mobile devices at this point in time, I'm avoiding that one too.
Click to expand...


That is one ugly chart.

http://www.google.com/finance?q=NASDAQ:FB

The stock will be low 30's within a few weeks the way it looks.
 
javyn

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Yeah, I think it will be below 20 in a few months too. Early buyers today are going to be bagholders for a while IMO. I'm sure it will work out in the long run though.

Unfortunately, the entire sector is taking a big dump. Here I am thinking up until now this tide would have lifted all boats.
 
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idfnl

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javyn said:
Yeah, I think it will be below 20 in a few months too. Early buyers today are going to be bagholders for a while IMO. I'm sure it will work out in the long run though.
Unfortunately, the entire sector is taking a big dump. Here I am thinking up until now this tide would have lifted all boats.
Click to expand...


It was clear that was limited with the insane 100b valuation. I did expect a pop though. Funny they bought shares to keep it above 38.
 
javyn

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Dude that's not funny it's absolutely terrifying!
 
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