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  1. bassmaster is offline
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    07-17-2009, 01:52 PM #401
    Quote Originally Posted by bassmaster View Post
    got in ARTI at .0022 now at .0025 , gotta love these board pumpers. i think i might sell at .0034. looks like resistance at .0035
    first resistance wall at .0028 actually , but not worried about that one

  2. Sean is offline
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    07-17-2009, 01:53 PM #402
    thats alot of money so was there like 100 players? in the 5k one

  3. bassmaster is offline
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    07-17-2009, 01:55 PM #403
    around 200

  4. Sean is offline
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    07-17-2009, 01:56 PM #404
    bcle is so quiet :/ i wonder if its going to jump up again at the end of the day.
    when you see big gains like ex. BEHL where it went up in one day, does that ususally happen at the end of the day?

  5. notwal is offline
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    Joined: Jun 2009 Location: Nashville, TN Posts: 97
    07-17-2009, 02:05 PM #405
    I think there is a mark on all of my stock accounts because every time I buy a stock it goes down. If you want to make a quick flip follow my buys, wait for the dip and when I sale and take my loss, watch for the upticks

  6. Sean is offline
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    07-17-2009, 02:08 PM #406
    lol same thing with me, the week i bought my first shares, outta no where BOOM down 50% all i see is red bars (nasdaq.com charts)
    but its ok.
    do you ever sell at a loss?
    man i'm playing the most frusterating game.
    http://www.spotthedifference.com
    after like 20+ levels its getting annoyinggg, but i g2 beat it lol

  7. notwal is offline
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    07-17-2009, 02:16 PM #407
    Yes...I have taken some losses. My first trade was SIRI when it peaked at .61 after falling to the low of this year. I took a loss on that so I could free up cash to trade others. Ive read that some losses you just have to take in order to have a chance to make your money back elsewhere.

  8. Dr. Dave is offline
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    Joined: Apr 2009 Location: SD Posts: 1,885
    07-17-2009, 02:25 PM #408
    Ok - any opinions on this one? I bought calls on AAPL 2 days ago, I'm just shy of a 100% gain. It's a short squeeze today, but earnings are AMC on Tuesday. The strike is $155, and the price is currently $151.50 - so if it hits the strike, the % gain will get some extra oomph. The Nasdaq is approaching overhead gap resistance... so a good report by them, could bring it to the top. SP500 is also approaching resistance. But, all the indexes are putting in reversal candles today.

    So, sell at end of day, or hold?

    Either way, I'm happy, but around the 13th, I put an options strangle on AAPL for this expiration.. which is ultra risky. I didn't like the candle the following day, so I sold for about enough gain to buy some gas. Today, it would have been a 600% gain, haha - I paid so little for the contracts, that I'm not sure why I sold it, other then was tired from work.

    Well, I'm going to bail to work, so it's pushing to get the close, but just wanted to see what you penny guys have to say - note, if I hold, I will cash out on any real signs of weakness.

    Sean, what's your call? Promo - I bet your saying hold.

  9. Sean is offline
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    07-17-2009, 02:30 PM #409
    lol thats not even english to me

  10. bassmaster is offline
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    07-17-2009, 02:32 PM #410
    i would love to offer an opnion dr dave but i have absolutely zero experience in options strategies.

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