Talking stocks, trading, and investing in general

Discussion in 'Business, Careers & Education' started by mikeman, Feb 2, 2011.

  1. SkinnyGoomba

    SkinnyGoomba Senior member

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    Seems like a lot of ppl are coming around to GE as they improve their financial business. I think they are ahead of what their price shows.
     
  2. CYstyle

    CYstyle Senior member

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    looks like it's gonna be a bloodbath tomorrow

    :D
    yay
     
  3. javyn

    javyn Senior member

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    2011 at close to the high lol ;)
     
  4. idfnl

    idfnl Senior member

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    Not as bad as I thought. A lesser drop at open makes me suspect some confidence will grow and we'll be down 50-60 in the afternoon.

    I do think we'll have more down days than up in the next few sessions so I'm not sure its the right moment to buy.
     
  5. phreak

    phreak Senior member

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    Anyone following MGI?
     
  6. idfnl

    idfnl Senior member

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    Looks like we might be green today. Might be a good day to lighten up into cash.

    Question for you guys about pre and after market... why does this happen?

    A stock, one day, will start trading pre market at 6 am and then trade after hours right up until 8 pm. Then the next day the same stock may not even report a price until 9 am and stop trading at 4:15 pm. What the hell?
     
    Last edited: Apr 10, 2012
  7. idfnl

    idfnl Senior member

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    Not specifically but V, PAY, MC are much better plays. Even AXP.
     
  8. otc

    otc Senior member

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    What's the question? If nobody is desperate to trade it before 9, then there are no trades before 9.
     
  9. idfnl

    idfnl Senior member

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    How can a stock that trades millions of shares a day not have any open orders at 9 am?
     
  10. Slopho

    Slopho Senior member

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    I think it really depends on the stock. Some are just quirky that way, there's no man behind the curtain.
     
  11. MZhammer

    MZhammer Senior member

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    Anyone else watching MT? Steel is bearish right now but it's edging near historic lows with a Dividend yield of around 3.6%. Thoughts on a long-term hold?
     
    Last edited: Apr 10, 2012
  12. Slopho

    Slopho Senior member

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    Do you see money heading into construction?
     
  13. idfnl

    idfnl Senior member

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    That makes no sense. There has to be a reason this happens.
     
  14. otc

    otc Senior member

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    Not really. Pre-market trading is not really a big thing.

    Also, just because you aren't seeing open orders from whatever service you are using doesn't mean that the market makers aren't ready to take either side of the trade.
     
  15. idfnl

    idfnl Senior member

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    Its not even a question of orders. I'm not even seeing a posted price anywhere. It just makes no sense and there has to be a reason. Here is a perfect example: I let a day trade on KORS ride overnight and not a single price or share traded pre-market this morning, how can that be possible? Not a single actionable trade was there? Come on.
     

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