Talking stocks, trading, and investing in general

[Saltricks]

It really depends on the stock if you ask me. A big mature stock like pepsi, this kind of call option would not be worth it. Say you wanted 30 percent return on your initial investment of buying 1 contract of call options. At 13 bucks a pop, you would need a price of 86.90 to hit your goal within 2 years. For the year option you need the stock to hit 85ish, 80ish for may 2012. If you look at the history of pepsi (besides 2008-2009), you see that the price generally stays relatively stable. The likelihood of it hitting 86.90 in or even 80 in the next 2 years is relatively slim. However, if you had an unstable company like american airlines 2 years ago, and had gotten really long puts at 10 bucks, you'd be rolling in it. If I think a stock is gonna move in one way or the other I buy options, if I think a stock is going to stay the same, I sell options.

AND THE ACTC RALLY continues, nutso..

 

[Slopho]

New message from the Chairman's blog. Injecting the first UK patient less than two weeks then another 4 US patients around the same time. Also we should hear something in a peer review in "weeks" not months.

 

[javyn]

Rabin's blog gave me major wood this morning

I'm salivating here

 

[Saltricks]

I bought more shares today at .165, hopefully I don't regret it, haha.

 

[idfnl]



I bought more shares today at .165, hopefully I don't regret it, haha.

****, if this is a ruse its working. That penny stock has gone up from .09 since I started watching it. And ya, gotta admit I'm thinking of a punt on a few thousand shares.

 

[javyn]

I bought in at 18 cents earlier this year. Paper losses put hair on your chest. Be a man and pull the trigger.

 

[Jorgeezy]

****, if this is a ruse its working. That penny stock has gone up from .09 since I started watching it. And ya, gotta admit I'm thinking of a punt on a few thousand shares.

The ones you just dumped? XD

 

[Saltricks]

I initially opened at .105, was tempted to sell at a loss when it fell to >.084 but I decided to load up instead. Fortune favors the bold I guess. Oh yeah, and look at that kodak ralllyyy, once again, I regret not buying more shares ;_;.

 

[idfnl]



I initially opened at .105, was tempted to sell at a loss when it fell to >.084 but I decided to load up instead. Fortune favors the bold I guess. Oh yeah, and look at that kodak ralllyyy, once again, I regret not buying more shares ;_;.

I bought a bunch of EK and took the brave move of writing some put options on the shares, believe it or not. Rolling now

 

[stevent]

LULU

 

[itsstillmatt]

WTF, you all sit around and trade penny stocks? Why am I not surprised?

 

[Slopho]



WTF, you all sit around and trade penny stocks? Why am I not surprised?

You shouldn't be, as a matter of fact you don't even have to comment. But I guess you feel the need to inject yourself.

 

[CYstyle]



WTF, you all sit around and trade penny stocks? Why am I not surprised?

I trade large caps. but if they make money who am i to judge.

 

[Slopho]



I trade large caps. but if they make money who am i to judge.

I don't even see a reason to justify what I decided to trade. Some guy comes in makes some incindary comment (has added nothing of value to this thread...ever) and I have to get my back up?? Nah, just another CESPool idiot who has to get all of his investment advice from his uncle probably.

 

[javyn]

If the risk/reward ratio is acceptable to someone, what's wrong with penny stocks? Not everyone has the same tolerance for risk, that's common sense.