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OfflineHorse_Meister
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Stocks - Let's be proactive with today's market
    #9901825 - 03/03/09 06:09 AM (14 years, 10 months ago)

There's a bunch of us talking about making a move right NOW on stocks as we're in a market low. Let's be proactive here and work together on figuring out which ones are worth picking up now.

State their:

Ticker Symbol

Market

Current Value

Reason to buy

What and why you believe it should yield higher returns than other stocks


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OfflineHorse_Meister
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Re: Stocks - Let's be proactive with today's market [Re: Horse_Meister]
    #9959950 - 03/12/09 06:10 PM (14 years, 10 months ago)

It's been nearly two weeks, and no one has anything to say? Let's pull together some company names and work together on this :smile:


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OfflineTedwilto
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Re: Stocks - Let's be proactive with today's market [Re: Horse_Meister]
    #9960008 - 03/12/09 06:19 PM (14 years, 10 months ago)

:cop:


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Song of the week list in journal.



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InvisibleStonehenge
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Re: Stocks - Let's be proactive with today's market [Re: Tedwilto]
    #9960066 - 03/12/09 06:25 PM (14 years, 10 months ago)

Lots of threads on that. Have you read Geo's? Myself, I plunged into ge, ebay and a little of a couple others on geo's recommendation. Plus I bought some silver today, about 700oz worth. I bought the etf stock rather than the physical silver because I only want the profit. I'm not willing to pay a $3 an oz premium to be able to fondle those bars (and worry about break ins).

Citi had a rise recently, about 40%.


--------------------
“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.” (attributed to Alexis de Tocqueville political philosopher Circa 1835)

Trade list http://www.shroomery.org/forums/showflat.php/Number/18047755


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InvisibleLayYouIn
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Re: Stocks - Let's be proactive with today's market [Re: Horse_Meister]
    #9960340 - 03/12/09 06:57 PM (14 years, 10 months ago)

Quote:

Horse_Meister said:
It's been nearly two weeks, and no one has anything to say?




9 days is closer to a week than two weeks.


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InvisibleShins
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Re: Stocks - Let's be proactive with today's market [Re: LayYouIn]
    #9962647 - 03/13/09 01:11 AM (14 years, 10 months ago)

Gold!  Silver!  Commodities and resources. 

I don't think we;ve hit bottom yet.  This is a botomless pit.

Flussssssssssssssssshhhhhhhhhhhhhhh................


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OfflineRedstorm
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Re: Stocks - Let's be proactive with today's market [Re: Shins]
    #9963495 - 03/13/09 07:04 AM (14 years, 10 months ago)

Can you logically explain that assertion?


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OfflineMathewBracken
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Penny Stocks [Re: Redstorm]
    #9993450 - 03/18/09 05:35 AM (14 years, 10 months ago)

Excellent information. This sounds exactly like what I've been looking for.

Penny Stocks


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Re: Stocks - Let's be proactive with today's market [Re: Shins]
    #9994136 - 03/18/09 10:18 AM (14 years, 10 months ago)

Quote:

Shins said:
Gold!  Silver!  Commodities and resources. 

I don't think we;ve hit bottom yet.  This is a botomless pit.

Flussssssssssssssssshhhhhhhhhhhhhhh................



Gold and silver is fucking expensive right now, but they are and will always be some solid investments. I actually prefer to buy coins or the physical metals.

Some solid buys right now (I wish I had more cash) would be GE (wow it's such a cheap stock now), the have some cool Tech coming out, they got Government contracts, and they'll most likely not be going anywhere anytime soon.

Walmart is another solid purchase. It's moderately priced (most likely the cheapest you'll ever get it is around now) and I know for sure walmart isn't going anywhere any time soon. Their the largest retailer in the world and they focus on cheap price made to sell.

Right now you can get a lot of solid name brand stocks for the single and double digit range. That's what I'd be focusing on. You know it's only a matter of time when a company like GE is selling for 20-40 dollars a share. I wouldn't be buying penny stocks, or any smaller no name companies at the current moment. The riskiest I'd go is buying some citibank stocks.


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InvisibleChespirito
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Re: Stocks - Let's be proactive with today's market [Re: ronjohn7779]
    #10081423 - 03/31/09 04:14 PM (14 years, 9 months ago)

My god gentlemen, I think I was just part of some possibly soon to be investigated stock pump and dump.  Unkowingly of course.  The stock CTIC, which has been talked about at many penny stock forums rose 10 fold in a very short amount of time, then dropped way down after that.  Something seems very unkosher about that, but let me tell you, I am extremely pleased with it. A 10 fold increase is killer, since it was a penny stock I didnt have more than a few grand in there at the beginning, boy if only I could have predicted the future.  Ive decided that after the gambles on AIG and CTIC Im going to take a break from the hectic extreme risk stocks.


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InvisibleConfucian
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Re: Stocks - Let's be proactive with today's market [Re: Chespirito]
    #10085738 - 04/01/09 07:43 AM (14 years, 9 months ago)

Quote:

Chespirito said:
My god gentlemen, I think I was just part of some possibly soon to be investigated stock pump and dump.  Unkowingly of course.  The stock CTIC, which has been talked about at many penny stock forums rose 10 fold in a very short amount of time, then dropped way down after that.  Something seems very unkosher about that, but let me tell you, I am extremely pleased with it. A 10 fold increase is killer, since it was a penny stock I didnt have more than a few grand in there at the beginning, boy if only I could have predicted the future.  Ive decided that after the gambles on AIG and CTIC Im going to take a break from the hectic extreme risk stocks.




The other big one is SPSN. From 1 penny on 3/12/09 to 17 cents right now, up 30% on the day, 1600% in 3 weeks!


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InvisibleChespirito
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Re: Stocks - Let's be proactive with today's market [Re: Confucian]
    #10087914 - 04/01/09 03:37 PM (14 years, 9 months ago)

We should start listing the penny stocks we are interested in.  Summarize knowledge we have gained about certain penny stocks and why we think they will go up


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Re: Stocks - Let's be proactive with today's market [Re: Chespirito]
    #10088059 - 04/01/09 04:01 PM (14 years, 9 months ago)

Penny stocks are far riskier and harder to make money on than stocks listed on the exchanges. For every one you hear about that went way up in price there are hundreds or thousands which went down and stayed down. One problem with thinly traded stocks is even if the price goes up you may not be able to sell your holding. It's always easy to buy, too easy, but when you try to sell you can only sell if someone wants to buy at that price. If no one is interested then your sell order just sits there. This is even more true with the sub pennies.

If you are going to trade pennies at least stay with the OTC market. The pink sheet stocks do not have to report to the SEC while OTC stocks do. So at least there are some standards. Penny stocks include those under $5 so you could find some of those listed on the major exchanges. They have far higher standards and they weed out a lot of the fakes. Many stocks on the otc and pinks have no real source of income besides selling stock to speculators. The company keeps authorizing more and more shares of stock and selling them. They try to start rumors on the boards and put out good sounding pr notices to get gullible investors on board and then they dump the shares they have.

If you just want to gamble go to vegas or buy lottery tickets.


--------------------
“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.” (attributed to Alexis de Tocqueville political philosopher Circa 1835)

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Re: Stocks - Let's be proactive with today's market [Re: Stonehenge]
    #10088854 - 04/01/09 05:51 PM (14 years, 9 months ago)

Some of the stocks that I am watching but most of my funds are tied up:

PNX/CDR/LVS/MGM/CENX/ACAS/CSIQ

I usually get stocks between $1 and $5, but they are always listed on a major exchange, and never a pink sheet or OTC stock. They are riskier but with greater risk comes a greater reward (or loss).

April 1st close:
PNX: $1.58 (+35.04%)
I was referred to this stock a couple days ago when it was at a dollar a share. Never bought.

CDR: $1.75 (+0.57%)
I tried to get into this today at $1.70 but the order is restricted and I didn't feel like calling it in.

LVS: $3.74 (+24.25%)
MGM: $2.63 (+12.88%)
LVS/MGM are both up strong in the after hours. CEO of LVS just bought $23 million worth of shares. Here is the headline that has MGM up 17% in the after hours: "Colony Capital May Invest In MGM's City Center: WSJ"

CENX: $2.30 (+9%)

ACAS: $2.25 (+20.32%)

I got 1,000 shares of ACAS last week at $1.10 and sold on Friday at $2.04. I wish I would have gotten about 10X the amount of shares but it worked out well. I believe ACAS will be over $3 within a week or 2.

CSIQ: $6.86 (+14.72%)
Canadian Solar. If it goes up again tomorrow I'm holding. If I see the slightest sign of a pull back I'm selling (I got in last Thursday at $6.10)


Edited by Confucian (04/01/09 06:16 PM)


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OfflineHorse_Meister
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Re: Stocks - Let's be proactive with today's market [Re: Confucian]
    #10090158 - 04/01/09 08:44 PM (14 years, 9 months ago)

Ipicked up 20k shares of aph:venture. For every penny it goes up I make $250.they're expected to make a major aquisition in the next few months.  If it goes through I can make a killing. Anyone have any other high risk symbols?


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Re: Stocks - Let's be proactive with today's market [Re: Confucian]
    #10093298 - 04/02/09 10:23 AM (14 years, 9 months ago)

Quote:

Confucian said:
April 1st close:
PNX: $1.58 (+35.04%)
CDR: $1.75 (+0.57%)
LVS: $3.74 (+24.25%)
MGM: $2.63 (+12.88%)
CENX: $2.30 (+9%)
ACAS: $2.25 (+20.32%)
CSIQ: $6.86 (+14.72%)




Not a bad day. Current prices per share:
PNX: $1.72 (+8.86%)
CDR: $2.21 (+26.29%)
LVS: $4.32 (+15.51%)
MGM: $3.44 (+30.80%)
CENX: $2.85 (+23.91%)
ACAS: $2.58 (+14.67%)
CSIQ: $7.02 (+2.33%) <---I sold this today


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InvisibleConfucian
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Re: Stocks - Let's be proactive with today's market [Re: Confucian]
    #10099435 - 04/03/09 09:48 AM (14 years, 9 months ago)

Quote:

Confucian said:
Quote:

Confucian said:
April 1st close:
CENX: $2.30 (+9%)





April 2nd close:
CENX: $2.85 (+23.91%)




April 3rd:
CENX doing real good: $3.63 (+21.07%) (Day high: $3.93)
CENX was an $80 stock last may

Latest pick if you want a quick 25% turnaround:
CSE: $1.61/share <----in today at $1.55


Edited by Confucian (04/03/09 09:48 AM)


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InvisibleChespirito
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Re: Stocks - Let's be proactive with today's market [Re: Confucian]
    #10100794 - 04/03/09 02:52 PM (14 years, 9 months ago)

I also own some CENX, I didn't consider that too risky of an investment when I bought it, do you think its worth buying in at this current price?


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Re: Stocks - Let's be proactive with today's market [Re: Chespirito]
    #10106012 - 04/04/09 04:20 PM (14 years, 9 months ago)

Quote:

Chespirito said:
I also own some CENX, I didn't consider that too risky of an investment when I bought it, do you think its worth buying in at this current price?



Alcoa is the first Dow 30 stock to report 1st quarter earnings (this Tuesday). They are the #1 in their sector and their results will impact the other aluminum producers: http://www.alcoa.com/global/en/about_alcoa/overview.asp ;

Quote:

NEW YORK, April 3 (Reuters) - Wall Street expects aluminum producer Alcoa Inc (AA.N) to report a second consecutive quarterly loss next week, mostly because the metal's price has dropped 9 percent this year. "The metal price is down, that's the key," said analyst Charles Bradford of Bradford Research. "There is still too much aluminum out there, inventories are too high and demand stinks."
The aluminum price tumbled some 50 percent in the second half of 2008 from a peak of $3,380 per tonne last July. During the first quarter of this year, the price MAL3 fell another 9 percent from $1,530 to $1,392. On Friday it was trading in London at $1,468. Alcoa, like most producers, has cut production in the last six months as the global economic downturn stunted demand. Just this week, Alcoa announced it was curtailing 120,000 annual tonnes at its smelter in Massena, New York, raising the company's total aluminum output cuts to over 850,000 tonnes, or 20 percent of annualized output. In January, Alcoa, which has recently slashed 15,000 jobs, posted a fourth-quarter loss -- its first in six years. Now, Wall Street expects more red ink for the first quarter when Alcoa kicks off the earnings season on Tuesday. Analysts currently expect a loss of 52 cents per share compared with profit of 44 cents per share in the first quarter of 2008. Revenue is expected to be $4.0 billion, down 45 percent from $7.4 billion a year earlier, according to Reuters Estimates. The outlook for the rest of year is gloomy too, according to Alcoa's chief executive, Klaus Kleinfeld. He told the Reuters Mining Summit last month that he sees a decline of 6 percent to 7 percent in global consumption of aluminum -- worse than his previous forecast of 2 percent. Alcoa's stock, which hit a year-high of $44.76 last May, has slumped as the recession hurt aluminum prices and demand for the metal used in automotive and aerospace manufacture and such consumer items as beverage cans and kitchen foil. On Friday morning, the stock was down 4 percent at $7.85 on the New York Stock Exchange. It has rallied from a low of $4.98 last month after Alcoa announced it would cut its dividend and raise $1.3 billion from an offering of stock and convertible notes. That prompted Deutsche Bank to raise the company's stock rating to "hold" from "sell," saying it is likely that refinancing fears have been pushed into 2010. Desjardins Securities, meanwhile, forecast that base metal equities will move higher this year. "Alcoa has been one of those commodity stocks that has been beaten up," William Lefkowitz, options strategist at brokerage firm vFinance Investments in New York, said this week. "However, investors who believe that the worldwide economies are going to start to turn around and are beginning to show signs of light at the end of the tunnel have begun buying shares of Alcoa." He said Alcoa's results "may be better than a lot of the gloomier estimates."




Keep in mind CENX has gone up 92.75% since Monday's close:
Monday: $1.93
Tuesday: $2.11
Wednesday: $2.29
Thursday: $2.99
Friday: $3.72


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InvisibleConfucian
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Re: Stocks - Let's be proactive with today's market [Re: Confucian]
    #10117890 - 04/06/09 04:32 PM (14 years, 9 months ago)

Quote:

Confucian said:
Quote:

Confucian said:
April 1st close:
PNX: $1.58 (+35.04%)
CDR: $1.75 (+0.57%)
LVS: $3.74 (+24.25%)
MGM: $2.63 (+12.88%)
CENX: $2.30 (+9%)
ACAS: $2.25 (+20.32%)
CSIQ: $6.86 (+14.72%)




Not a bad day. Current prices per share:
PNX: $1.72 (+8.86%)
CDR: $2.21 (+26.29%)
LVS: $4.32 (+15.51%)
MGM: $3.44 (+30.80%)
CENX: $2.85 (+23.91%)
ACAS: $2.58 (+14.67%)
CSIQ: $7.02 (+2.33%) <---I sold this today



April 6:
MGM closed at $5.53 with a $6.70 day high
Quite a difference in 3 trading days.

Still in CSE at $1.60 (current PPS: $2.02)

Got into SGIC this morning at 0.235 cents and watched it zigzag a bit between 23 and 30 cents before exploding in the last hour of trading. It closed at 49 cents which is the exact price I sold for about 20 minutes before closing bell (108% gain)....Unfortunately, trades went through at 75 cents in the after hours but I had to cash out a 100% profit in 1 day.

I was going to say something about SGIC but this thread is not very active so I didn't bother (plus I had no idea it was going to go up like that).

I got into GGP today at $1.05 and it closed at 97 cents.

Another one to watch is TXCO.


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InvisibleChespirito
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Re: Stocks - Let's be proactive with today's market [Re: Confucian]
    #10117957 - 04/06/09 04:44 PM (14 years, 9 months ago)

Where do you find your information?  You are orders of magnitude beyond me in terms of knowledge about these kinds of stocks.  I now hold absolutely no positions in anything, Ive sold it all. 
How do you feel about NVD?  There is some partnership news going round. How do you feel about Tombstone Exploration Corp? Ill start posting in here more often, itd be nice to have an active penny stock thread


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Re: Stocks - Let's be proactive with today's market [Re: Chespirito]
    #10118092 - 04/06/09 05:09 PM (14 years, 9 months ago)

Also just out of curiosity, what trading site do you use?  Ive been experimenting with Think or Swim's software using paper money only, and eh its not as good as Ive read about.  I want to make the jump to a different trading site than Im currently using as Im getting killed on fees


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Re: Stocks - Let's be proactive with today's market [Re: Chespirito]
    #10122119 - 04/07/09 09:40 AM (14 years, 9 months ago)

I actually am not very skilled at all. But I have some close friends that are basically gurus.

Next pick is SRZ
Current price: $1.08

I got in at $1.13


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Re: Stocks - Let's be proactive with today's market [Re: Confucian]
    #10123422 - 04/07/09 01:50 PM (14 years, 9 months ago)

could you ask them about those stocks I mentioned?


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Re: Stocks - Let's be proactive with today's market [Re: Chespirito]
    #10134668 - 04/09/09 06:58 AM (14 years, 9 months ago)

Down good on SRZ...looks like it quickly turned into a long-term hold !

Next pick: EBHI at 44 cents

Bank stocks are soaring and my FAS investment is looking real good. The market should fly today.
Quote:

Wells Fargo & Co. (NYSE: WFC) is going to be taking the bank stocks significantly higher, particularly the Direxion Financial Bull 3X Shares (NYSE: FAS).  The company is releasing earnings on April 22, but it now has issued guidance that will please even the naysayers on Wall Street.  Shares are fluying pre-market and are taking up shares of Bank of America Corporation (NYSE: BAC), JPMorgan Chase & Co. (NYSE: JPM), and even Citigroup, Inc.(NYSE: C).

The bank now expects to report record first quarter net income of approximately $3 billion, or $0.55 EPS, after preferred dividends, including $372 million in dividends paid to U.S. taxpayers on the U.S. Treasury’s Capital Purchase Program investment. The bank also said its business momentum is strong and that it expects operating margins to remain at the top of peers.

Total revenue is expected up 16% around $20 billion, including another quarter of double-digit revenue growth at legacy Wells Fargo.  It might not be an exact comparison, but we show Thomson Reuters (First Call) estimates at $0.23 EPS and almost $19 billion in revenues.

It sees consolidated net interest margin of approximately 4.1% and efficiency ratio of approximately 56%.  The net charge-offs are about $3.3 billion, compared with fourth quarter net charge-offs totaling $2.8 billion at legacy Wells Fargo and $3.3 billion at legacy Wachovia.  The banking giant also sees a provision expense of approximately $4.6 billion, including $1.3 billion credit reserve build, bringing the allowance for credit losses to $23 billion; and it sees a pre-tax pre-provision profit of approximately $9.2 billion.

As far as whether it is making loans, the bank said that it had $100 billion in mortgage originations, with a 41% increase in the unclosed application pipeline to $100 billion at quarter end.  In total, it had approximately $175 billion in loan commitments, mortgage originations and mortgage securities purchases in the first quarter.

Its tangible common equity ratio is now expected to increase in first quarter with tangible common equity above 3.1% of tangible assets at March 31, 2009. The 85% dividend cut will benefit retained earnings by about $1.25 billion in additional common equity per quarter.

Wells Fargo is flying now.  Shares are up almost 20% around $18.00.  JPMorgan Chase & Co. (NYSE: JPM) shares are up about 5% to $28.85; Citigroup (NYSE: C) shares are up 5% to $2.85; and Bank of America (NYSE: BAC) is up 8% at $7.64. Direxion Financial Bull 3X Shares (NYSE: FAS) is up 12% to $6.93.




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DON'T TURN A TRADE INTO AN INVESTMENT [Re: Confucian]
    #10135948 - 04/09/09 12:06 PM (14 years, 9 months ago)

Quote:

Confucian said:

Down good on SRZ...looks like it quickly turned into a long-term hold !




    :facepalm: :nonono::whip:


The most important part of investing is limiting your losses in order to protect capital. 
Remember that if you lose 50% of your capital, you will have to make back a whopping 100% just to break even again!

Turning a trade into an investment often indicates very poor risk management! 

If you get into a specific stock with a short-term time horizon, perhaps waiting for a specific catalyst to take place such as a new product announcement, debt refinancing or quarterly report, and then your original thesis doesn't play out; I would suggest that you should cut the position, take the immediate loss and wait patiently for the next opportunity. 

Putting yourself in a mind frame to hold onto a loser indefinitely simply so you won't have to take the realized loss means that you are relying on hope - hope that the stock will eventually recover, though who knows how long that will take, and indeed often enough poor stocks will never recover and instead go to zero!

Risk management is integral to successful investing.  Identify your risk and downside when you BEGIN a position.  If your thesis doesn't materialize and you have realized your worst case scenario (the risk you defined from the beginning), it is your responsibility to acknowledge that you were wrong by selling the position so that it cannot continue to hurt you even more.  The market can be a humbling place, make sure that you respect it.



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OfflinegeokillsA
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Re: DON'T TURN A TRADE INTO AN INVESTMENT [Re: geokills]
    #10136830 - 04/09/09 02:29 PM (14 years, 9 months ago)

Quote:

Posted on RealMoney.com by Paul Rubillo
Trader Talk/Bad Days
4/9/2009 2:44 PM EDT

... don't forget that timing is everything when it comes to being right. Despite hating to take a loss, one thing I learned early and often in my career was that I felt a heck of a lot better once I took the loss. I even learned to stop watching the position that had hammered me for fear I sold out too soon. That's a common trading mistake and distraction you should try to avoid at all costs.

Don't lose your mind over bad trades. Trust me, the opportunities will keep coming in many areas of the market, both long and short.




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Re: DON'T TURN A TRADE INTO AN INVESTMENT [Re: geokills]
    #10140907 - 04/10/09 06:36 AM (14 years, 9 months ago)

I timed SRZ bad (My average is $1.05 after doubling down at 99 cents).....I shoulda/coulda doubled down in the low 70s on Wednesday.....But Tuesday was an amazing day for me. I was coming off of a 108% gain on SGIC (in at .235, out at .49, next day hit a .95 cent day high :frown: ) so when I was referred to SRZ on Wednesday morning I got in coming off a large gain the day before.

SRZ closed at 90 cents so I'm off 14% which is not a concern for me. I made a killing on FAS yesterday which more than balances it out.


Edited by Confucian (04/10/09 06:38 AM)


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Re: DON'T TURN A TRADE INTO AN INVESTMENT [Re: Confucian]
    #10162922 - 04/14/09 08:27 AM (14 years, 9 months ago)

If you had the mindset where everytime you make a new stock purchase you expect it to instantly go up then you would drive yourself nuts. SRZ back to +$1.

Doing well on DRYS, got rid of FAS this morning, may get back in FAS before the day is over or tomorrow.


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Re: DON'T TURN A TRADE INTO AN INVESTMENT [Re: Confucian]
    #10183099 - 04/17/09 06:21 AM (14 years, 9 months ago)

Doing very well on DRYS, they had some news yesterday after hours. SRZ also up. Next pick: HERO

April 16th close: $2.49
Pre-market ask: $2.65


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Re: DON'T TURN A TRADE INTO AN INVESTMENT [Re: Confucian]
    #10184606 - 04/17/09 01:14 PM (14 years, 9 months ago)

Just pulled the trigger on GMXR at $7.70
Still in DRYS, still in SRZ, picked up HERO at $2.65 pre-market

Only pathetic stock is EBHI which I'm in at 40 cents

Also grabbed ARNA at $2.59

New picks, in order from best to worst IMHO:
HERO: Current PPS is $3.01
GMXR: Current PPS is $7.75
ARNA: Current PPS is $2.55


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Re: Stocks - Let's be proactive with today's market [Re: Confucian]
    #10203370 - 04/20/09 07:10 PM (14 years, 9 months ago)

My current Stock: APH on the Canadian Venture market is doing me well thus far. Today, they opened up a symbol on the US market. I bought in at $0.24 and now it's at $0.36. Looking forward to the news update about that aquisition they're working on. I realize it's a pink sheet ticker and volume may make it a whore to sell if things turn out negative, but I like it.


Here's the news update:

http://cxa.marketwatch.com/TSX/en/Market/article.aspx?guid=http%3a%2f%2fsystem.marketwatch.com%2fnewscloud%2fdocguid%2f%7bA3ABD540-0BF2-40AF-B6FD-1AE0C756FF0C%7d&symb=APH


Here's the link for that US symbol:

http://cxa.marketwatch.com/TSX/en/Market/quote.aspx?symb=US:APCS.F


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Re: Stocks - Let's be proactive with today's market [Re: geokills]
    #10203441 - 04/20/09 07:22 PM (14 years, 9 months ago)

Quote:

Don't lose your mind over bad trades. Trust me, the opportunities will keep coming in many areas of the market, both long and short.




Reminds me alot of how I interpret the game of poker. I learned to lose the fear of loss affecting my mental judgement the first time I lost $60 at the casino. It takes alot to learn proper bankroll management skills, as well as taking a handful of gains and losses. Self control is really what it all comes down to. My favourite quote that I have pinned up above my door says "In the presence of fear, nothing is possible. In the absense of fear, everything is possible." It takes a certain type of individual to make big moves with the right information while everyone else stands around wondering what happened.


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Confucian's Picks [Re: Confucian]
    #10203490 - 04/20/09 07:31 PM (14 years, 9 months ago)

Quote:

Confucian said:
Just pulled the trigger on GMXR at $7.70
Still in DRYS, still in SRZ, picked up HERO at $2.65 pre-market

Only pathetic stock is EBHI which I'm in at 40 cents

Also grabbed ARNA at $2.59

New picks, in order from best to worst IMHO:
HERO: Current PPS is $3.01
GMXR: Current PPS is $7.75
ARNA: Current PPS is $2.55




Got out of DRYS this morning. Dumped EBHI for a 15% loss.
Sticking with HERO, GMXR, ARNA for the time being. Really liking HERO...


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Re: Confucian's Picks [Re: Confucian]
    #10203725 - 04/20/09 08:11 PM (14 years, 9 months ago)

I got into Hero at 2.61 today.  I'll probably go long with it at least to the summer if not into next year some time.


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Re: Confucian's Picks [Re: Redstorm]
    #10204311 - 04/20/09 09:56 PM (14 years, 9 months ago)

Quote:

Redstorm said:
I got into Hero at 2.61 today.  I'll probably go long with it at least to the summer if not into next year some time.



Nice. They report earnings next Tuesday....I'm hoping it's over $4 by then (lol)...I got in at $2.65 and $2.52 for an average of $2.585 and will buy more tomorrow if it dips


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Re: Confucian's Picks [Re: Confucian]
    #10207836 - 04/21/09 03:06 PM (14 years, 9 months ago)

EBHI hit it's 52week low today at .24

just thought i'd mention it.  23% decrease just today


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Re: Confucian's Picks [Re: drwatson]
    #10208251 - 04/21/09 04:17 PM (14 years, 9 months ago)

Quote:

drwatson said:
EBHI hit it's 52week low today at .24

just thought i'd mention it.  23% decrease just today




Ya, I sold that POS at .35 yesterday....doubled down on GMXR this morning below $7....new average in the $7.20s.......

I'm in heavy on GMXR and HERO:
GMXR: $8.01 close (+21.73%)
HERO: $2.74 close (+9.16%)

Very light on ARNA, I "hear" it will pop soon so I grabbed it as a lottery pick, it is actually quite a boring stock, lol

Daytraded FAS today...got out a little too early but still made a profit.


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Re: Confucian's Picks [Re: Confucian]
    #10214550 - 04/22/09 04:25 PM (14 years, 9 months ago)

Quote:

Confucian said:
Quote:

drwatson said:
EBHI hit it's 52week low today at .24

just thought i'd mention it.  23% decrease just today




Ya, I sold that POS at .35 yesterday....doubled down on GMXR this morning below $7....new average in the $7.20s.......

I'm in heavy on GMXR and HERO:
GMXR: $8.01 close (+21.73%)
HERO: $2.74 close (+9.16%)

Very light on ARNA, I "hear" it will pop soon so I grabbed it as a lottery pick, it is actually quite a boring stock, lol

Daytraded FAS today...got out a little too early but still made a profit.




GMXR closed at $9.49, up $1.48 or 18.48%.
HERO closed at $2.91, up 6.2%.

HERO has a hard time closing above $3. If tomorrow is an up day HERO should perform well and conquer this feat. I'm a little concerned with the dropping volume. But a close above $3 tomorrow and we'll get really near to $4 by Monday's close, as always, JMHO:


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Re: Confucian's Picks [Re: Confucian]
    #10214571 - 04/22/09 04:29 PM (14 years, 9 months ago)

To see rest of chart use the scroll bar on bottom, underneath HERO/Bank of America/Untitled1/ChartNotes....not sure why it came out like that.


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Re: Confucian's Picks [Re: Confucian]
    #10221283 - 04/23/09 05:20 PM (14 years, 9 months ago)

I am considering purchasing HERO tomorrow morning as my account has finally picked up some funds. If it's lower than $3, I'll be in for sure. Anyone with an expert opinion against this buy? Confucian, what makes you believe that their results release will be positive news?...What is motivating you towards this stock beyond trend analysis?


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Re: Confucian's Picks [Re: Confucian]
    #10226152 - 04/24/09 01:17 PM (14 years, 9 months ago)

I was just pointing out the 52wk low because I figured a small correction would be made the next day or so.  Indeed it traded more than 20% up the next day and right now is trading at .41.

Freaking penny movements can move mountains when moving against you.
It's a risky business but I think we all like to think the risk is worth the reward when the rewards come.


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Re: Confucian's Picks [Re: drwatson]
    #10245479 - 04/27/09 08:31 PM (14 years, 8 months ago)

APH on the venture market has brought me an 85.41% gain in the last few weeks since I purchased it. I originally purchased when it was sitting at 0.245.

I picked up some of that HERO stock a few of you are hyped up about. I picked it up at 2.88/share. It was mentioned that this one was in high hopes of hitting $4 this week. Based on the fact that it's not at the $3 mark for closing with less volume than average, do you still feel strongly that this one will budge forward in the next week or two? I'm currently sitting at -2.96% for a loss. It's not much, but I don't want to be sitting around on something that will not move.


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Re: Confucian's Picks [Re: Horse_Meister]
    #10245497 - 04/27/09 08:33 PM (14 years, 8 months ago)

Earnings are tomorrow, so I suppose that will be your moment of truth.


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Re: Confucian's Picks [Re: Redstorm]
    #10246986 - 04/28/09 12:21 AM (14 years, 8 months ago)

What trading websites/business let you trade on the Hong Kong Stock Exchange?

I want to invest in electronic cigarettes and the original patent holder is listed on the Hong Kong stock exchange, but I dont know where to do that. Any ideas?

Inventor of Ecigs
http://www.ruyangroup.com/epage.php?frameid=6000&pageid=7


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Re: Confucian's Picks [Re: NoAgenda]
    #10251209 - 04/28/09 06:16 PM (14 years, 8 months ago)

No Agenda....I'm not sure but you could probably call the company directly and they will let you know how to buy...

I had a couple friends buy DNDN a couple weeks ago. They halted trading the day after they got it (April 13ish) around $8 and when they reopened trading the following morning, it was going for around $25.........Today something unexplainable happened and DNDN dropped midday from $2x.xx down to $7.50! This all happened in about 3 minutes and approximately 3 million trades went through before trading was halted...Trading resumed at 6:15pm in the after hours and I seen it go for as high as $27.xx .......


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Re: Confucian's Picks [Re: Confucian]
    #10251475 - 04/28/09 07:02 PM (14 years, 8 months ago)

After Hours: 25.75 +13.94 (118.04%) Apr 28, 7:59PM EDT - wow what the hell?? I've never seen something like this before. Haven't read up on them at all, but anyone have any ideas why?


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Re: Confucian's Picks [Re: Horse_Meister]
    #10251498 - 04/28/09 07:05 PM (14 years, 8 months ago)

Ah, here's why!

Dendreon (DNDN:Dendreon Corp
News , chart , profile , more
Last: 11.81-9.74-45.20%

1:27pm 04/28/2009

Delayed quote dataAdd to portfolio
Analyst
Create alert Insider
Discuss
Financials
Sponsored by:
DNDN 11.81, -9.74, -45.2%) shares more than doubled to $26.30 following a trading halt. Earlier Tuesday, results from a Phase 3 trial of its Provenge vaccine showed that the treatment extended the lives of patients with advanced prostate cancer by 4.1 months compared with a placebo, bringing the median survival rate to 25.8 months.
But Dendreon's shares during the regular session suddenly reversed from their higher course and dropped 45%, prompting a trading halt. Nasdaq OMX Group officials reviewed the potentially erroneous trades and later decided to let them stand.


http://www.marketwatch.com/news/story/e-trade-shares-sink-after-results/story.aspx?guid=%7B3B8FD34E-5C26-4C28-844A-E7A6210B64C6%7D&dist=msr_3


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Re: Confucian's Picks [Re: Horse_Meister]
    #10254479 - 04/29/09 07:39 AM (14 years, 8 months ago)

SRZ (+50% on the day)
Current PPS: $1.60


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Re: Confucian's Picks [Re: Confucian]
    #10256376 - 04/29/09 02:43 PM (14 years, 8 months ago)

I think starting tomorrow we will see some heeby jeebies hit the market. For one thing, chrysler has until tomorrow to come up with a plan to merge with that other company or they are dead in the water. I think they will be dead or have to agree with ruinous terms. Then there is the swine flu making everyone nervous. The recent run up is going to go down in flames.


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Trade list http://www.shroomery.org/forums/showflat.php/Number/18047755


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Re: Confucian's Picks [Re: Stonehenge]
    #10260837 - 04/30/09 05:51 AM (14 years, 8 months ago)

Next pick is PCX

Wednesday close: $5.42
Pre-market: Bid / Ask = $6.01 / $6.20


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Re: Confucian's Picks [Re: Confucian]
    #10260877 - 04/30/09 06:16 AM (14 years, 8 months ago)

Quote:

Confucian said:
Next pick is PCX

Wednesday close: $5.42
Pre-market: Bid / Ask = $6.01 / $6.20



I loaded to hell and back at $6.30
Pre-market is already up to $6.75....I told you guys I am just the messenger, I personally am not that good at trading....#1 I sold GMXR at $8.50 on Tuesday and it had a day high yesterday of $10.97....#2 I sold SRZ at $1.10 for a few percent gain a couple weeks ago and it's going for $1.92 in pre-market right now.

A stock you might want to play the bounce on is SQNM... Closed at $14.91 and is going for under $3 pre-market


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Re: DON'T TURN A TRADE INTO AN INVESTMENT [Re: geokills]
    #10261682 - 04/30/09 10:32 AM (14 years, 8 months ago)

Quote:

geokills said:
Quote:

Confucian said:

Down good on SRZ...looks like it quickly turned into a long-term hold !




    :facepalm: :nonono::whip:


The most important part of investing is limiting your losses in order to protect capital. 
Remember that if you lose 50% of your capital, you will have to make back a whopping 100% just to break even again!

Turning a trade into an investment often indicates very poor risk management! 






You seen the price of SRZ lately? $2.83 right now with a day high at $2.87!


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Re: DON'T TURN A TRADE INTO AN INVESTMENT [Re: Confucian]
    #10267218 - 05/01/09 05:23 AM (14 years, 8 months ago)



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Picks From My Guru Associates... [Re: Horse_Meister]
    #10267523 - 05/01/09 08:22 AM (14 years, 8 months ago)

Highlights of my friends picks so far:
Posted at:    Current PPS:    % Gain:
SRZ $1.08........$2.40.......+122%
LVS $3.74........$7.89.......+111%
CDR $1.75........$3.77.......+115%
MGM $2.63........$8.30.......+215%
ACAS $2.25........$3.11.......+38%
CENX $2.30........$4.69.......+104%
CSE $1.60........$3.20.......+100%
HERO $2.65........$3.47.......+31%
GMXR $7.75........$11.45.......+48%
PCX $6.30........$7.05.......+12%

PCX was the latest pick...Going by the above history, PCX should be over $10 within a month. Good Luck!


Edited by Confucian (05/01/09 08:24 AM)


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Re: Picks From My Guru Associates... [Re: Confucian]
    #10267708 - 05/01/09 09:33 AM (14 years, 8 months ago)

I bought some shares of PCX, here's hoping you're right. :cool:


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Re: Picks From My Guru Associates... [Re: SuperD]
    #10268444 - 05/01/09 12:08 PM (14 years, 8 months ago)

God damnit I'm such a fucking idiot.  I bought PCX at $7.68 and then noticed SQNM was climbing super fast, so I dumped all the PCX and went for SQNM.  Come to find out SQNM dropped back down while PCX rose to $8.15!  Fuck me blind.  I'm putting all my funds back into PCX and holding until later on in the month.  Confucian, how the hell are you coming up with all these successful hits?  I'll be following your posts closely from here on out!


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I need to stop spending all my money on plants and take up a cheaper hobby, like heroin. :lol:

Looking for Rauhocereus riosaniensis seeds or live specimen(s), :pm: me if you have any for trade


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Re: Stocks - Let's be proactive with today's market [Re: Confucian]
    #10273306 - 05/02/09 01:07 PM (14 years, 8 months ago)



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Re: Stocks - Let's be proactive with today's market [Re: UniversalSoldier]
    #10277423 - 05/03/09 09:40 AM (14 years, 8 months ago)

that's not a ticker symbol.

I've been telling people that last little bit for years,  didn't know about some of those newer technologies but that video might be well placed in the philosophy forum.  Invest in Evolution!


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Re: Picks From My Guru Associates... [Re: Confucian]
    #10321430 - 05/11/09 08:05 AM (14 years, 8 months ago)

Quote:

May 1: PCX $6.30........May 11: $8.64.......+37%

PCX was the latest pick...Going by the above history, PCX should be over $10 within a month. Good Luck!




I'm getting sick of the volatility from $9.50 back down to $8.50 back up to $9.50 and back down. But I'm still holding. PCX has gone over $10 on two trading days since the alert. I believe it got as high as $10.30s, although only for a very short period. Anyone else get this?


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Re: Picks From My Guru Associates... [Re: Confucian]
    #10322206 - 05/11/09 12:08 PM (14 years, 8 months ago)

I'm not real sure what is going on with PCX, but after seeing it drop down to $8.50ish I decided not to reinvest again.  I'm finding a good time to dump all my C shares now, but the past week or so Citigroup stock has been kind of flat.


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Re: Picks From My Guru Associates... [Re: SuperD]
    #10323071 - 05/11/09 03:57 PM (14 years, 8 months ago)

I'm still holding HERO and SGY.  I'll probably kick myself for it, but here's to hoping for $70 oil this summer.


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Re: Picks From My Guru Associates... [Re: Redstorm]
    #10325925 - 05/12/09 06:31 AM (14 years, 8 months ago)

Today should be good for all coal stocks. Alpha Natural Resources to merge with Foundation Coal Holdings to create one of America's largest coal producers.
http://alnr.client.shareholder.com/releasedetail.cfm?ReleaseID=383279

PCX is up 8% pre-market, ANR down 1%, and FCL up 28.6%


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Re: Picks From My Guru Associates... [Re: Confucian]
    #10338957 - 05/14/09 05:01 PM (14 years, 8 months ago)

Bought XOMA today after hours. Got in low $1.30s, will add if it drops. Some news:

Quote:

XOMA Limited announces royalties on CIMZIA expected to increase due to FDA approval for moderate to severe rheumatoid arthritis in adults Co announces that its bacterial cell expression (BCE) technology licensee UCB S.A. has received FDA approval to market CIMZIA (certolizumab pegol), an anti-tumor necrosis factor product, for the treatment of moderate to severe rheumatoid arthritis (RA) in adults. XOMA will receive royalty payments on sales of CIMZIA for this indication and will continue to receive royalties on sales of CIMZIA for the treatment of moderate to severe Crohn's disease, for which it was approved in April 2008.

http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=BCOM&date=20090514&id=9905677




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Re: Picks From My Guru Associates... [Re: Confucian]
    #10342398 - 05/15/09 08:04 AM (14 years, 8 months ago)

XOMA announced some financing b.s. that killed the momentum. I sold for a loss first thing in the morning.


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Re: Picks From My Guru Associates... [Re: Confucian]
    #10342856 - 05/15/09 10:14 AM (14 years, 8 months ago)

Sorry to hear, hopefully not much was lost on that trade.  I decided to hold off on XOMA since I already had my interested vested in PCX.  I'm getting out soon though since it's up again.


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Manoa said:
I need to stop spending all my money on plants and take up a cheaper hobby, like heroin. :lol:

Looking for Rauhocereus riosaniensis seeds or live specimen(s), :pm: me if you have any for trade


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New Pick [Re: Horse_Meister]
    #10606899 - 07/01/09 11:15 PM (14 years, 6 months ago)

I've been out for a while. New pick just came in hot off the press, LEE. Closed at 71 cents, up 34% on the day. My friend believes 50% is very likely from here, and 100% is not out of the question. He's already in averaged at 68 cents, I'm going to buy in the morning. I'm going in heavy, but starting with 1/3 of my target dollar holding just to get a feel. 

NEWS:

June 30, 2009 07:00 PM Eastern Daylight Time
Lee Enterprises Decides against Reverse Stock Split

DAVENPORT, Iowa--(BUSINESS WIRE)--The Board of Directors of Lee Enterprises, Incorporated (NYSE: LEE), has elected not to effect a reverse stock split. At the annual meeting in March, shareholders had granted the board discretionary authority until June 30 to decide whether to do so.

Mary Junck, chairman and chief executive officer, said the board considered current market conditions, business forecasts and other factors that could affect shareholder value, including the prospect of remaining in compliance with New York Stock Exchange rules for continued listing.

The NYSE notified Lee in December 2008 that the company was not in compliance with the NYSE’s continued listing standard of at least $1.00 for the average closing price per share of its publicly traded common shares over a consecutive 30-trading day period. Since then, the NYSE announced that the standard has been temporarily suspended through July 31, 2009. As a result, Lee currently has until December 3, 2009, to return to compliance.

“Despite recent volatility in Lee’s share price, owing in part to index rebalancing, we believe our long-term prospects remain strong and will become apparent to more investors as the recession begins to recede,” Junck said. “We believe our recent debt refinancing has given us ample flexibility to manage through the downturn.”

She added: “Our newspapers and their websites continue to reach, by far, the vast majority of adults in our markets, with growing strength across all age groups. We remain, hands down, the leading provider of local news, information and advertising in our markets. As the recession drags on, we are staying focused on building further on these strengths and increasing our lion’s share of local advertising spending.”

Lee Enterprises is a premier provider of local news, information and advertising in primarily midsize markets, with 49 daily newspapers and a joint interest in four others, online sites and more than 300 specialty publications in 23 states. Lee’s newspapers have circulation of 1.5 million daily and 1.8 million Sunday, reaching four million readers daily. Lee’s online sites attract 14 million unique visits monthly, and Lee’s weekly publications have distribution of more than four million households. Lee’s markets include St. Louis, Mo.; Lincoln, Neb.; Madison, Wis.; Davenport, Iowa; Billings, Mont.; Bloomington, Ill.; and Tucson, Ariz. Lee stock is traded on the New York Stock Exchange under the symbol LEE. For more information about Lee, please visit www.lee.net.


Edited by Confucian (07/01/09 11:21 PM)


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Re: New Pick [Re: Confucian]
    #10609188 - 07/02/09 11:20 AM (14 years, 6 months ago)

But what business are they in? What are their sales looking like, are they gaining market share, etc? You know, normal business questions. All i see is talk about maybe more investors will pile on and drive up the price.


--------------------
“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.” (attributed to Alexis de Tocqueville political philosopher Circa 1835)

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Re: New Pick [Re: Stonehenge]
    #10609378 - 07/02/09 11:53 AM (14 years, 6 months ago)

They are involved in print publications primarily - newspapers - an industry that is going the way of the dinosaur.  They are expanding their publications with online content for local news services, but honestly investing in newspapers (unless you are short) seems like a very bad idea.  Their stock is down 17% so far today... vastly underperforming the market.  The company is shrinking, has little to no analyst coverage, and poor (decelerating) earnings.  I would expect them to be listed only on the pink sheets within a year.


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Re: New Pick [Re: geokills]
    #10682400 - 07/15/09 02:43 PM (14 years, 6 months ago)

LEE did very well today, up 24%. My picks are not based on all fundamentals, they are mainly technical short-term plays. I don't care what the company is doing 4 months down the road or 4 weeks. These are short-term trades, that is all. After today I am in profit territory but am going to wait a little while longer to see if there is a continuation tomorrow and into earnings. Volume was good and it helped that Gannett (GCI--up 29% today) posted a better than expected 2nd quarter profit results (Gannett is the largest U.S. newspaper publisher and owner of the USA Today)....

I just received an alert on MPG. I don't own any shares yet and will look for entry tomorrow. To me, it looks like anything under 60 would be perfect. MPG was trading above a buck a month ago, and had a May high of $2.05. They don't pay a dividend and average volume is around 1 million trades a day (990,000). Do your own DD, here is the website: http://www.maguireproperties.com/ and I'm sure you can find more information through Yahoo/Google Finance...MPG closed at 61 cents, up 15% on the day. 52-week low was 32 cents in March although from the looks of the chart, it only dropped to 32 cents momentarily on one day of trading, and has never dropped below 50 cents even through the March lows (besides the one day it crashed to 32 cents for a couple hours). See chart, you'll know what I'm talking about:


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Re: New Pick [Re: Confucian]
    #10719565 - 07/22/09 08:35 AM (14 years, 6 months ago)

Well my friends, LEE dropped significantly within days of the release of the pick (you couldn't buy for .65 if you wouldn't to the day after the release because sellers were letting it go in the low .60s, exactly where I entered)...Shortly after LEE bottomed at .50/.51.....Then GCI earnings beat expectations and it soared along with LEE about 30%....Ever since LEE has been on a roll. Today Media General (MEG) posted a profit and LEE is up another 13% after yesterdays double digit gain. The chart is looking insane and the 50% gain my friend spoke of at 70 cents is in close reach ($1.05)....the double would be at $1.40 and that is still possible imo, all though very far away. I'm taking it a day at a time so will possibly hitting the exit within a week.

Now my friend has this insane ability to locate trends in sectors before they become trends! He did this with financials (ACAS/AIB)....oil (picked DXO at $2 in December)....Coal (PCX)...aluminum (CENX)....and many others including, lol, newspaper stocks (LEE)!

Now MPG is looking very scary and they always do when they are down but it could take off any day now. Tomorrow there is a shareholder meeting and I'm not sure about the earnings release. I saw a link where Monday was the date but I cannot verify this. Right now the last trade went through at 53 cents and I've been sitting on my shares at 58 cents since last Thursday...MPG has been fluctuating in the 53-59 cent range for about a week. A big move in one direction or the other is coming...If it drops lower than tomorrow I am out but there have been so many red days in the past month that a green bounce could be on the horizon, I definitely don't want to sell at the bottom and then see if fly. I'll keep you guys posted if I get out, right now I'm debating whether to double down at 53 because I don't have that many shares....

Good Luck


Edited by Confucian (07/22/09 08:36 AM)


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Re: New Pick [Re: Confucian]
    #10721482 - 07/22/09 03:17 PM (14 years, 6 months ago)

Thanks for the update Confucian.  I can't speak for anyone else but I've taken your friend's advice after you relayed it here and made some profit from that information.  So big thanks and +5 :mushroom2:


--------------------
:super:D
Manoa said:
I need to stop spending all my money on plants and take up a cheaper hobby, like heroin. :lol:

Looking for Rauhocereus riosaniensis seeds or live specimen(s), :pm: me if you have any for trade


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Re: New Pick [Re: Confucian]
    #10725880 - 07/23/09 08:39 AM (14 years, 6 months ago)

Quote:

Confucian said:
I've been out for a while. New pick just came in hot off the press, LEE. Closed at 71 cents, up 34% on the day. My friend believes 50% is very likely from here, and 100% is not out of the question. He's already in averaged at 68 cents, I'm going to buy in the morning. I'm going in heavy, but starting with 1/3 of my target dollar holding just to get a feel.




Wow...As hard as it is to believe, my friends comments came true. I am stunned. LEE hit $1.35 this morning so far and isn't showing any signs of cooling off. I am up a little over 100% after loading up in the low .60s. I usually buy whatever stocks he tells me to and fare very well. I was disappointed when LEE dropped to the 50s and even low 50s after I got in but held strong. I bought more MPG yesterday on the dip at 54 and my average is now about .565 or so.

It is very hard to imagine, especially after the comments on the thread about how the newspaper industry is a dinosaur. Logically speaking the newspaper industry seems really crummy and not the place to be. However, and I am not sure how he does it, he can get into stocks with the smart buyers before the trends even are noticed. It is amazing. I'm not sure how he does it...

Anyone else get into LEE? Just a heads up, I wouldn't load up on MPG just because of the previous home run picks. I'm in and taking it a day at a time, they always seem real crummy at first when first getting in. MPG has a shareholder meeting at 11am, I am not sure if anything will come from it. The stock has been very boring the past week, ranging from .53 to .59.....If it breaks 60 maybe it will start to take off?


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Re: New Pick [Re: Confucian]
    #10726649 - 07/23/09 12:11 PM (14 years, 6 months ago)

A rising tide lifts all the boats.  Especially those high beta boats, as most penny stocks are.  Congratulations on the coin, but that type of play is still too risky for my blood.  In my book, preservation of capital comes before growth of capital.


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Re: New Pick [Re: geokills]
    #10810326 - 08/06/09 09:34 AM (14 years, 5 months ago)

LEE hit as high as $1.98 from the 70 cent alert early last month (and dropped as low as 50 cents before exploding).

MPG hit 90 cents this morning from the mid-50s/60 cent alert. That's over 50% from the alert to top. Earnings for MPG are on Monday. I sold for my 10% gain in the low .60s unfortunately.

Still waiting on a new pick. I got a couple on my own which I am fairly confident about. SCLN which last trade was at $4.05 and BQI with last trade at 91 cents. These won't go up 50% in two weeks as my friends picks often do but thought I'd mention them. If BQI breaks $1 it will be huge imo and could easily test, within days of breaking $1, the April and June highs which were around $1.30.

After losing on XOMA a couple months ago I try to stay away from anything pharmaceutical related but SCLN raised their guidance and beat earnings expectations and appear to be a strong company. It's been smooth sailing for SCLN this year. Looking at the chart, their stock has gradually gone straight up, higher and higher with each month. 

Hopefully my friend comes out with a new pick soon. I am light in both SCLN/BQI because they are MY PICKS which means that they might not turn out so well! I usually go much heavier in the picks that my friends suggest. Be back when I hear something new...


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Re: New Pick [Re: Confucian]
    #10814276 - 08/06/09 09:17 PM (14 years, 5 months ago)

Can't wait to hear the next pick.  MPG was clearly a strong winner..you called it when it was below 60 cents!  Pretty damn impressive.


--------------------
:super:D
Manoa said:
I need to stop spending all my money on plants and take up a cheaper hobby, like heroin. :lol:

Looking for Rauhocereus riosaniensis seeds or live specimen(s), :pm: me if you have any for trade


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Re: New Pick [Re: geokills]
    #10817339 - 08/07/09 12:11 PM (14 years, 5 months ago)

Quote:

geokills said:
A rising tide lifts all the boats.  Especially those high beta boats, as most penny stocks are.  Congratulations on the coin, but that type of play is still too risky for my blood.  In my book, preservation of capital comes before growth of capital.




An interesting anecdote to include, since it applies inclusively to the stock picks in this thread.  Last October when the market was tanking, Sir John Templeton suggested that simply buying any NYSE listed stock trading under three dollars and holding for a few years would be a viable strategy to profit from the exaggerated selling pressure the market was then experiencing.  Initially the trade showed steep losses but has risen sharply since March along with the market.  As of today, the trade is up 147% since October.  Many of the stocks have double and tripled, and five of them have seen 1000%+ gains!

Positive speculative excess, the polar opposite of what happened when the market depressed last year.

Thanks to Tim Melvin of TheStreet.com for bringing this to my attention.


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Re: New Pick [Re: Confucian]
    #10833229 - 08/10/09 01:57 PM (14 years, 5 months ago)

Damn, damn damn..wish I had gotten in on the better half of MPG.  It was at $1.05 when I checked just now.


--------------------
:super:D
Manoa said:
I need to stop spending all my money on plants and take up a cheaper hobby, like heroin. :lol:

Looking for Rauhocereus riosaniensis seeds or live specimen(s), :pm: me if you have any for trade


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Re: New Pick [Re: SuperD]
    #10858255 - 08/14/09 09:00 AM (14 years, 5 months ago)

New pick: CHB

Closed yesterday at 57 cents and is trading now for around 45/46 cents....I squeezed in a few at .445 and am going to add if it falls back under .45. This is definitely VERY RISKY as are most of his picks. I'd try to get in around .45 or lower...otherwise skip it. JMO cause I don't want to see anyone lose out. Good luck and again, I think this is a hell of a risky play!!!


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Re: New Pick [Re: Confucian]
    #10873180 - 08/16/09 10:23 PM (14 years, 5 months ago)

I had some money to burn so I bought some shares @ .45 each.  Not a huge loss if it takes a dive!


--------------------
:super:D
Manoa said:
I need to stop spending all my money on plants and take up a cheaper hobby, like heroin. :lol:

Looking for Rauhocereus riosaniensis seeds or live specimen(s), :pm: me if you have any for trade


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Re: New Pick [Re: SuperD]
    #10910283 - 08/22/09 07:52 AM (14 years, 5 months ago)

CHB could get very interesting next week. A couple of traders whose opinions I highly value have said good things. One says $2 by end of year. The other says $5 by end of year, lol. I would be happy with a double (90 cents)...Closed on Friday at 49 cents after hitting a day high of 58 cents....


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Re: New Pick [Re: Confucian]
    #10910298 - 08/22/09 07:56 AM (14 years, 5 months ago)

Yep I almost pulled the trigger and got out at 56, decided to just hang on to it for a bit longer and see where it goes though.  Thanks for the heads up on this one.


--------------------
:super:D
Manoa said:
I need to stop spending all my money on plants and take up a cheaper hobby, like heroin. :lol:

Looking for Rauhocereus riosaniensis seeds or live specimen(s), :pm: me if you have any for trade


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Re: New Pick [Re: SuperD]
    #10947440 - 08/27/09 10:28 AM (14 years, 5 months ago)

Please tell me you are still in?

Last trade 66 cents....up 46.66% from the 45 cent alert. Up 71.875% from the 38.4 cent low.....

The hardest part is knowing when to sell...I am terrible at it. Do I hold for long-term, there is obviously something going on with over 7 million trades by noon today.

15-minute chart today, massive volume blocks:




Edited by Confucian (08/27/09 10:40 AM)


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Re: New Pick [Re: Confucian]
    #10947575 - 08/27/09 11:03 AM (14 years, 5 months ago)

Yeah, still in :cool:


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:super:D
Manoa said:
I need to stop spending all my money on plants and take up a cheaper hobby, like heroin. :lol:

Looking for Rauhocereus riosaniensis seeds or live specimen(s), :pm: me if you have any for trade


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Re: New Pick [Re: SuperD]
    #10948631 - 08/27/09 02:05 PM (14 years, 5 months ago)

CHB did well, closing at .64 today.  I'm betting it reaches past .70 tomorrow.


--------------------
:super:D
Manoa said:
I need to stop spending all my money on plants and take up a cheaper hobby, like heroin. :lol:

Looking for Rauhocereus riosaniensis seeds or live specimen(s), :pm: me if you have any for trade


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Re: New Pick [Re: SuperD]
    #10989059 - 09/02/09 08:39 PM (14 years, 4 months ago)

H1N1 Pandemic Vaccine Manufacturers:

http://www.google.ca/finance?q=mdg


^ Currently looking for volunteers to begin human testing


http://www.google.ca/finance?q=novavax


^ Working towards 3rd phase of human testing.... compare the timeline to where MDG is right now and where it might be when/if stage 2-3 go through well. Remember it's high risk, but if all goes well, potential huge returns. Already up substantially. This one may take a few months.


Here's some more info:

Medicago signs LOI in Saudi Arabia!

This is quite significant news from Medicago.  Tabuk Pharma is extremely well connected to the government in Saudi but also has great connections and influence in the whole Middle East and Africa.  The agreement is structured in a way that we should see plants built in not only Saudi but also throughout the region.  This one deal today may translate in multiple contracts over the next few months.  The story just gets better and we will adjust our targets as the deals are finalized.




Medicago to collaborate with Tabuk for commercial development of influenza vaccines in Saudi Arabia and other territories
    QUEBEC CITY, QC, Sept. 2 /CNW/ - Medicago Inc. (TSX-V: MDG), a
biotechnology company focused on developing highly effective and affordable
vaccines based on proprietary manufacturing technologies and Virus-Like
Particles (VLPs), today announced that it has signed a Letter of Intent
("LOI") with Tabuk Pharmaceuticals ("Tabuk") to negotiate an agreement to
develop, produce and commercialize Medicago's influenza VLP-based vaccines in
Saudi Arabia and other territories in the Middle East and North Africa. Tabuk
is the second largest pharmaceutical manufacturer in Saudi Arabia. Under the
terms of the LOI, the parties will collaborate to identify the interest of
targeted governments and will select an optimal deal structure with the
objective of establishing a commercial partnership within 12 months.
    "While we continue to aggressively move forward with the development of
our influenza vaccine candidates, we continue to seek out commercial
opportunities that allow us to exploit our proprietary manufacturing
solution," said Andy Sheldon, President and CEO of Medicago. "Our plant-based
manufacturing platform has the potential to improve the speed, capacity and
cost of influenza vaccine production and allow governments to effectively
enhance their pandemic plans."
    "With the recent approval we received to commence human clinical testing
with our avian flu pandemic vaccine, we are now in a better position to
explore different deal structures and markets to commercialize our vaccine
candidates," said Frederic Ors, VP Business Development of Medicago. "A
successful Phase I clinical trial should allow us to formalize our recently
executed country agreements and realize the value of our proprietary
technology."
    "Medicago's novel vaccine technology and rapid response manufacturing
solution coupled with Tabuk's strong marketing, sales and distribution network
makes for a compelling collaboration," said Rana Azzam, Director Business
Development of Tabuk.

    About Tabuk

    Tabuk Pharmaceutical Manufacturing Company is a fully owned subsidiary of
Astra Industrial Group- AIG (one of the biggest industrial groups in the
Middle East region). Headquartered in Riyadh, Saudi Arabia, with GMP
facilities in Tabuk city, the company has strong presence across the Middle
East and North Africa (MENA), Central Eastern Europe (CEE) and a promising
outlook in Western Europe, Commonwealth of Independent States (CIS) and the
USA. TABUK has also established strong relations with companies from all over
the World mainly in the field of in-licensing of unique originator and generic
products.

    About Medicago

    Medicago is committed to provide highly effective and affordable vaccines
based on proprietary Virus-Like Particle (VLP) and manufacturing technologies.
Medicago is developing VLP vaccines to protect against H5N1 pandemic
influenza, using a transient expression system which produces recombinant
vaccine antigens in non-transgenic plants. This technology has potential to
offer advantages of speed and cost over competitive technologies. It could
deliver a vaccine for testing in about a month after the identification and
reception of genetic sequences from a pandemic strain. This production time
frame has the potential to allow vaccination of the population before the
first wave of a pandemic strikes and to supply large volumes of vaccine
antigens to the world market. Additional information about Medicago is
available at www.medicago.com.


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Re: New Pick [Re: Confucian]
    #11101790 - 09/21/09 05:36 PM (14 years, 4 months ago)

Quote:

Confucian said:
I just received an alert on MPG. I don't own any shares yet and will look for entry tomorrow. To me, it looks like anything under 60 would be perfect. MPG was trading above a buck a month ago, and had a May high of $2.05 (...) MPG closed at 61 cents, up 15% on the day.
Click to see chart back on July 15th when I gave the alert




^^^This is why I am still holding CHB. It sucks it made a trip to 78 cents pre-market a couple weeks ago, then back down to 44, then back up to a recent 65 cents last week, and now back down to 54 cents....But, I bet we are looking at a $1.25 or higher stock in November so I am going to hold....Wouldn't it be nice to still have MPG? Located at precise bottom (I was getting shares at 54 cents, 57 cents, and 58 cents....Sold all around 70 cents!)...MPG closed today at $2.14 BTW!

Two stocks I am liking for short-term (my picks) are STSI (98 cent close) and ACAD ($1.90 close)...I like ACAD better of the two.


Edited by Confucian (09/21/09 05:37 PM)


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Re: New Pick [Re: Confucian]
    #11102302 - 09/21/09 07:07 PM (14 years, 4 months ago)

I haven't let go of my CHB shares just yet either.  I missed out on another big one..GTN.  I could have gotten in @ .43 just a month and a half or so ago.  It's now up over $3.  Have you seen what PCX has done over the past 4 or so months?  It's been fairly volatile.  It dipped all the way down to just under $5 and now it's back up in the $12-13 range.


--------------------
:super:D
Manoa said:
I need to stop spending all my money on plants and take up a cheaper hobby, like heroin. :lol:

Looking for Rauhocereus riosaniensis seeds or live specimen(s), :pm: me if you have any for trade


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Re: New Pick [Re: SuperD]
    #11102403 - 09/21/09 07:23 PM (14 years, 4 months ago)

I got back into PCX at precisely $5.00 (it hit $4.97 low). Sold around $9.10. It was channeling back and forth between $8.50 and $10 for a couple weeks and finally got sick of waiting and sold at $9.10. Then it shot up to over $14....The day it took off from high $9s to high $12s the $12.50 September calls went from like 3 cents to 60 cents....I think I took a picture of it, here it is:


I've been playing options lately and if you can time it right, there are huge gains to be made. But you have to time it basically to the exact day cause if you are even wrong by one day they could drop 20-40% over a small move in the underlying stock. They are fun though to put small amounts of money in...


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