Talking stocks, trading, and investing in general

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

  1. sinnedk

    sinnedk Senior member

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    sorry they transferred to Nasdaq end of 09, nevertheless they are experiencing growth and is a great tip BTW my tip is worth much more than my mess up...
    Yeah...I'm totally going to listen to someone who thinks Micron went public last year
     


  2. sinnedk

    sinnedk Senior member

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    Is your strategy is to pick a company in same sector as another company that takes a huge hit?

    I started off in Mortgage insurers after a few years of investing with a 'club'. I got into them whent he industry fell apart in July 2008 and did well with them. I picked the ones that took on the least amount of risk by comparison to their peers. Simply thinking that if the riskiest ones avoided bankruptcy than the better ones would as well. I moved on from them to Large caps in distressed sectors and I like that alot better. I did well with small companies, but the volatility was enough for me to get out of it, one bad news article would send investors running for the hills.

    I like large cap dividend growth stocks and I try to get a good deal on them, like when BP happened I bought up more XOM since the good usually go down with the bad, but not as far.
     


  3. SkinnyGoomba

    SkinnyGoomba Senior member

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    Is your strategy is to pick a company in same sector as another company that takes a huge hit?
    Yes, I've done that in the past and I like it as a strategy. On the whole it's only a partial strategy.
     


  4. Pezzaturra

    Pezzaturra Senior member

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    What about "Bungle Ltd.,Bungle Ltd."
     


  5. SkinnyGoomba

    SkinnyGoomba Senior member

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  6. Slopho

    Slopho Senior member

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    So, who shorted sprint (S) ? [​IMG]

    Suckers rally, if it hits $4.60 I'll eat my hat.
     


  7. SkinnyGoomba

    SkinnyGoomba Senior member

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    Range: $4.40 - $4.57 [​IMG]

    I like it as a long term turnaround stock, but I think this is an indicator that the company will turn around. Unlike Nokia that buried their head in the sand, these guys are doing their best to put a decent product on the market and provide good service.

    My brother just got one of their phones, his employer pays for it + the service, must admit it provides good service and the phone is sweet.

    I'll be curious as to how the company is looking in another couple of years.
     


  8. mikeman

    mikeman Senior member

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    Man, I am dumb, I was in GWAY this morning, took a downward dump, and sold. Now its up 80%, when will I learn...So whats your favorite stock for the next 6 months?
     


  9. Slopho

    Slopho Senior member

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    Man, I am dumb, I was in GWAY this morning, took a downward dump, and sold. Now its up 80%, when will I learn...So whats your favorite stock for the next 6 months?

    LOL, you got in that thing, this seems too fishy for me. Though I would have loved to be in at 2 pennies.
     


  10. mikeman

    mikeman Senior member

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    Haha, yeah. Just a few hundred bucks, as i'm a small timer. But yeah, would have been up like 60%.[​IMG]
    I just need to find something to tie my money up in so i don't get tempted by that type of shit!
     


  11. Slopho

    Slopho Senior member

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    So, who shorted sprint (S) ? [​IMG]

    I'm chewing. Be prepared for a massive dump tomorrow though.
     


  12. SkinnyGoomba

    SkinnyGoomba Senior member

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    I'm chewing. Be prepared for a massive dump tomorrow though.

    [​IMG]
     


  13. Lupo

    Lupo Well-Known Member

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    Suckers rally, if it hits $4.60 I'll eat my hat.
    Sprint closed at 4.60....
     


  14. Slopho

    Slopho Senior member

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    Sprint closed at 4.60....


    [​IMG] You don't say.
     


  15. Lupo

    Lupo Well-Known Member

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