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LiquidSmoke
My title's cooler than yours DBK

Registered: 09/04/01
Posts: 25,335
Loc: S.A.G.G.Y.B.A.L.L.S.
Last seen: 6 months, 26 days
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Re: Stock Traders: What are your positions?! [Re: geokills] 1
#4911534 - 11/08/05 09:48 PM (18 years, 2 months ago) |
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damn you've really turned into a bonified goldman-sachs poser.
impressive.
-------------------- "Shmokin' weed, Shmokin' wizz, doin' coke, drinkin' beers. Drinkin' beers beers beers, rollin' fatties, smokin' blunts. Who smokes tha blunts? We smoke the blunts" - Jay and Silent Bob strike Back
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LiquidSmoke
My title's cooler than yours DBK

Registered: 09/04/01
Posts: 25,335
Loc: S.A.G.G.Y.B.A.L.L.S.
Last seen: 6 months, 26 days
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Re: Stock Traders: What are your positions?! [Re: LiquidSmoke] 1
#4913087 - 11/09/05 11:11 AM (18 years, 2 months ago) |
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CNXT 12:52PM ET 2.24 0.05 +2.28%
Keep going baby! KEEP GOING!!!
HAHAHAaHAhAhAHAHAHAHAhahahAHAHAHa
-------------------- "Shmokin' weed, Shmokin' wizz, doin' coke, drinkin' beers. Drinkin' beers beers beers, rollin' fatties, smokin' blunts. Who smokes tha blunts? We smoke the blunts" - Jay and Silent Bob strike Back
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Microcosmatrix
Spiral staircasetechnician


Registered: 10/20/05
Posts: 11,293
Loc: Ythan's house
Last seen: 17 years, 1 month
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Re: Stock Traders: What are your positions?! [Re: LiquidSmoke] 1
#4913116 - 11/09/05 11:20 AM (18 years, 2 months ago) |
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Soybean Oil (Day) December 22.95 +0.14 open: 22.78 high: 23.07 low:22.60
hahaha up another .30, this day looks like it belongs to the bulls!!
There's a Soybean report coming out tomorrow, and I think the people in the "know" are already going long based on it today. I think I could quite possibly make a good amount of money tomorrow.
Edited by Microcosmatrix (11/09/05 11:29 AM)
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cateyes

Registered: 12/16/03
Posts: 2,754
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Re: Stock Traders: What are your positions?! [Re: Microcosmatrix] 1
#4913271 - 11/09/05 12:21 PM (18 years, 2 months ago) |
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cool. never thought i'd stumble on a trading thread.
just curious... anyone trade options

cateyes
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Phred
Fred's son


Registered: 10/18/00
Posts: 12,949
Loc: Dominican Republic
Last seen: 9 years, 17 days
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Re: Stock Traders: What are your positions?! [Re: cateyes] 1
#4914299 - 11/09/05 04:47 PM (18 years, 2 months ago) |
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I was into options for a short time. I made money on each one of them, but it's just as easy to lose on each one of them.
The advantage of options is that you know going into it just how much you can lose, unlike equities. The disadvantage of options is that if things go bad, you can't "wait it out". Once the time period is done, your option is worth nothing at all, while with equities a stock that drops will often recover given enough time.
The other thing with options (at least in my limited experience with them) is that if you're gonna win, odds are you'll win in the first half of the option's term. If you're at the halfway point in an option's lifespan and you're still not up, it's probably better to dump the damn thing, even if you take a bit of a hit.
I'm sure there will be traders in this thread who disagree with me on this last point and they may have compelling arguments to the contrary. I'm just saying that's what my experience was.
Phred
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geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙


Registered: 05/08/01
Posts: 23,417
Loc: city of angels
Last seen: 5 minutes, 8 seconds
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Re: Stock Traders: What are your positions?! [Re: LiquidSmoke] 1
#5007106 - 12/02/05 03:17 PM (18 years, 1 month ago) |
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Quote:
LiquidThief said: after yesterday and today all i can say is....ouch. MUST KEEP THE FAITH!!
You may have been right on your Conexant call! 
Looks like I was overly pessimistic as it has shown some nice gains by now - and admittedly, I am a bit biased against stocks with such a low share value since they seem to be able to swing more wildly in either direction than the larger stocks. Nevertheless, I stand by my decision to recommend diversifying your portfolio by moving your CNXT funds into UNH (which has also shown very nice gains during the period). Incidently, JDSU is doing something pretty cool, which is a reverse split that if memory serves, will make every 10 current shares into 1 future share. This in turn will raise their per-share value, which will not only help people like me, psychologically, to invest.. but will also improve their numbers as now instead of rounding off earnings per share to 1 or 2 cents, EPS will be in the 10's of cents meaning that the market will see a clearer indicator of growth since EPS won't need to be rounded as heavily. Particularly with JDSU, this will be very valuable to current shareholders as during their next quarterly report, the rounding error is in favor of making their upcoming EPS appear inflated, which will likely cause more investors to become interested due to the larger than expected increase in year-over-year earnings, in part attributable to the rounding phenomenon from their reverse split.
On to my own portfolio though, November was a fairly good month except for one terrible decision I made to hold EnCana (canadian oil & natural gas play) until it bottomed. Ideally, I should have drawn out at the beginning of November when oil prices started to slip - however I didn't put two and two together and figured that oil would stay strong and EnCana was just going through some profit taking, indicating to me an opportunity to pile more money in! So, down some 4% from my cost basis I did put more money in, only to watch the holding dive to 13% in the red, at which point I realized it was due to across-the-board speculation that oil prices would continue to fall - so I dumped and ran, putting my money into Gilden Activewear (GIL) while also increasing my position in Genentech (DNA). Fortunately, both of these moves have paid off, and here are my current standings:
Name (Symbol) ... | Purchase Price | Current Price | Gain/Loss | Time-Span
Genentech (DNA).......... 90.03 ..... | ..... 98.80..... | +9.74% | 5 months Sonic Corp (SONC)....... 28.99 ..... | ..... 29.98 .... | +3.41% | 2 month GameStop (GME).......... 34.12 ..... | ..... 35.20 .... | +3.18% | 5 months Microsoft (MSFT)........... 26.00 ..... | ..... 28.01 .... | +7.72% | 6 months Altria (MO)................... 73.15 ..... | ..... 73.32 .... | +0.23% | 2 months Gilden (GIL)................. 37.07 ..... | ..... 41.28 .... | +11.36% | 1 month UnitedHealthcare (UNH). 54.82 ..... | ..... 61.97 .... | +13.05% | 5 months
Of interest to note, Gamestop (GME) pulled back sharply after they ran out of their first allotment of Xbox 360's, and there were doubts as to how quickly MSFT will be able to replenish depleted retailer supply. Nevertheless, the stock already jumped back 4.73% today alone, only 3 days after the concern was expressed. While this stock swings wildly, it should be a great play into 2007 as the video game cycle heats up and if anyone is interested in investing, I'd advise you to keep an eye on this one and try to buy it anywhere below $34 (and DEFINITELY below $32).
Gilden (GIL), my newest holding - makes the blank T-shirts that people use to silkscreen company or club logos on to. They are also expanding into socks and other miscellaneous activewear. While they have traditionally been a wholesaler, they are starting to turn their administrative operations into retail mode which will allow them to significantly increase their sales margins while maintaining steady production overhead. Consider that, along with the record quarterly earnings they released earlier this week (largely responsible for the huge gain I'm showing on this holding), and you have a potential money maker which should mature within 1-3 years. If this one pulls back below $39.50, I'm going to increase my position by buying more (also known as doin' a 'monback).
Microsoft (MSFT) though up some 9% over the last 2 months, still remains incredibly cheap in comparison to its peers in the industry. This company is a giant and I have a feeling that once their Xbox really gets into the market, and they announce the release of Windows Vista (formerly Longhorn) during the coming year, that the share price should continue to grow considerably as it has been doing steadily over the last couple months.
Altria (MO) is probably going to flatline where it is for quite some time, as speculation over delays in the breakup of their various companies due to litigation has caused some analysts to downgrade its performance, which always results in negative market reaction even if the analysts are smoking crack! I still think it's a safe hold for now, but am not expecting any large gains for upwards of a year and do not plan to add to my position.
Genentech (DNA) and UnitedHealthcare (UNH) still exhibit solid fundamentals and growth opportunity, but they have had a big run. These are great companies though, so if you want to get in I would wait for DNA to pull back to $96 and UNH to come down below $60.
On the whole, since I've started this venture in the market, my portfolio is showing a 4.3% gain overall (and that includes all the n00b mistakes I had lost money to during my first two months in practice). Excluding my beginnings and counting only the last 60 days, my portfolio has risen nearly 7% overall 
Oh and hey, as one last note of encouragement, November historically kicks off the best 6 months of the trading year - and when there's a solid November, history has it very likely that we will have a solid December to follow! So take a gamble and play with your money
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-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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LiquidSmoke
My title's cooler than yours DBK

Registered: 09/04/01
Posts: 25,335
Loc: S.A.G.G.Y.B.A.L.L.S.
Last seen: 6 months, 26 days
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Re: Stock Traders: What are your positions?! [Re: geokills] 1
#5010768 - 12/03/05 03:03 PM (18 years, 1 month ago) |
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yeah, i was somewhat crestfallen after selling cnxt at 2.3 ish just to see it go up to 2.69.
oh well, that's the last time i'm taking your advice seriously. 
i keed i keed.
-------------------- "Shmokin' weed, Shmokin' wizz, doin' coke, drinkin' beers. Drinkin' beers beers beers, rollin' fatties, smokin' blunts. Who smokes tha blunts? We smoke the blunts" - Jay and Silent Bob strike Back
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McKennaFan200
AmateurGairologist

Registered: 04/30/04
Posts: 5,395
Last seen: 10 years, 4 months
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Re: Stock Traders: What are your positions?! [Re: LiquidSmoke] 1
#5010780 - 12/03/05 03:07 PM (18 years, 1 month ago) |
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I wish I would have had money saved up to buy some UNDER ARMOUR (UARM) shares when it came out....holy shit balls, I knew it was going to be BIG on opening day, but +15.00 (+115% if I remember right) blew my mind!! Damn my lack of money, haha. And uh...that's all I have to say.
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"It seemed to me culture is a shabby lie. Or at least this culture is a shabby lie. If you work like a dog, you get 260 channels of bad television and a German automobile. What kind of perfection is that?"-McKenna
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LiquidSmoke
My title's cooler than yours DBK

Registered: 09/04/01
Posts: 25,335
Loc: S.A.G.G.Y.B.A.L.L.S.
Last seen: 6 months, 26 days
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Re: Stock Traders: What are your positions?! [Re: geokills] 1
#5236768 - 01/28/06 10:40 PM (18 years, 3 days ago) |
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BRCM Jan 27 69.87 11.15 +18.99%
-------------------- "Shmokin' weed, Shmokin' wizz, doin' coke, drinkin' beers. Drinkin' beers beers beers, rollin' fatties, smokin' blunts. Who smokes tha blunts? We smoke the blunts" - Jay and Silent Bob strike Back
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