I applaud Dennis Fischer (and I don't even own the stock)!
The man has some cajones and I admire that. He really believes in what he is doing.
It might take a while to shake the problems all out, but I respect him.
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I applaud Dennis Fischer (and I don't even own the stock)!
The man has some cajones and I admire that. He really believes in what he is doing.
It might take a while to shake the problems all out, but I respect him.
Hey, Tony!! Hope all is well!! :)
BEIJING (AP) - The decline in China's imports accelerated in July despite a rise in economic growth, while exports also fell more sharply amid weak global demand, data showed Tuesday.
Imports fell 14.9 percent from a year earlier, compared with a 13.2 percent decline the previous month, the customs agency reported. That was despite a rise in Chinese investment and consumer spending amid a massive government stimulus that is driving demand for imported raw materials and components.
Exports fell by 22.9 percent in July from a year earlier, compared with a 21.4 percent decline in June, the customs agency said.
China's trade has been battered by a plunge in consumer demand for its goods amid the worst global downturn since the 1930s.
Economists say part of the decline in China's import figures is due to sharply lower prices for oil, iron ore and other raw materials from last year's record levels.
http://apnews.myway.com/article/20090811/D9A0EVS01.html
WASHINGTON (AP) - Despite signs that the financial system has stabilized, banks remain threatened by billions of dollars of bad loans on their balance sheets, and more could fail if the economy worsens, a congressional watchdog reports.
http://apnews.myway.com/article/20090811/D9A0ER800.html
Have fun out there tomorrow, sorry I missed your post LT!! I see some good things happening in Singapore!!
Good luck everyone, happy trading!! :)
P.S. BDI still bleeding!
Hey Bill, you are far too kind ... I think I was just whinning a little, I do seem to have a knack for catching up after the fact. Been thinking that there is likely a SIRI subconcious behind my analyzing that sneeks in unaware. In other words it's like I am always anticipating that downward motion ... and a lot of the time it just doesn't show up when I am looking to get in. This morning I had my shot sub -4 and missed it, got busy and it ran out in front just as you guys were anticipating - So now it's that hindsight thing and ... thinking out loud here. The other matter is the amount to put in ... Being in at these sub levels where you and many others began or for instance with MGLG, is where you are going to reap the most gains with not a whole lot of cash ... To jump in @ .05 and it goes to say .10 on $500 bucks is well ... double ... but it's not that 30K that AG was talking about earlier either ... Again, just thinking out my thoughts here. It was kind of thrilling with SIRI to get a decent chunk @ .08 (And I still hold those, hold all of my SIRI shares actually) and they look pretty good in isolation, but I figure we would have breached the dollar mark by now and my 10K core would have fetched me a cool 10K ...
Quite a ramble, it's getting late for me and besides it's smelly hot in here ... Got to go where the lone AC resides and hit the sack. Tomorrow is another day.
I like what you are doing with this Bill, am pretty much investing along the same lines, not looking for a flip ... more of a hang in there kind of approach. Ok, I will quit while I am behind! :D
Hey buddy,
The difference between BEHL (who I love and don't own) and QASP is the fact that they are acquiring 4 companies on the 28th of August.
That being said gives us a true and real target. This is the only reason that I am willing to sit it out and go with the momentum.
If it was just a run, then I would take profits...like tomorrow, but with the multi-million dollar things going on, I will wait it out.
It will be a total success or a wasted investment, however, I don't see a wasted investment on tangible and hard assets. JMHO. :)
What I have said is pure speculation, but I am willing to go for it. Have a great day tomorrow trading and may the force be with you!
If I can help in any way, please ask of me...I am wrong most of the time..
Bill ;)
Well Bill, Believe it or not...I have read every post on the hub and from what I can gather these people are blown away on how this company has been planed out and structured even the investors that are looking to get in are some heavy hitters. Plus with the float being much lower then BEHL and the high demand in shares the mm's 3 times today put out the 911 because they were already out of shares because nobody wants to give them up and are having a tought time trying to control this stock...they say after .063 there will be no looking back... they are talking .10 by the end of the week. then there will be a shortage of shares and getting to .25 before the 28th should be easy to accomplish.. they also figure that the demand is so high that the shares that do become availible are snatched up so quick at the ask price it supposly keeps the price from retracting....they also figured out the valuation should be about $1.67 or something and will grow the share price with all of these factors coming together...they havent even crossed the buy line yet and as the share price is rising the volume is getting heavier that eventually will create the perfect storm if you will and we will all be Rich...
as far as day trading their have already been people who have tried to flip and it has cost them more to get back in....I almost learned the hard way also but got lucky this time.....Im thinking let it go untill it hits a certain level and then set a distant stop far away so they dont do a intential take down because they will get desperate for shares sooner than later.....but this one might be our shot for real and dont want to cut it short... but dont want another Behl either....:cool:
Hi All, just back from football practice...here are the pics I promised of my weekend fishing trip. Between 5 of us...we picked up 20 Yelloweye Rockfish.....5 Halibut....6 LARGE Lingcod, 2 Silver Salmon and an occasional skate and even an Octupus.
Yelloweye Rockfish!!! (Red Snapper)
http://i336.photobucket.com/albums/n...ily2go/002.jpg
Lingcods!!! (they were all hogs, even picked up a double!!!)
http://i336.photobucket.com/albums/n...ily2go/034.jpg
http://i336.photobucket.com/albums/n...ily2go/041.jpg
No pics of halibut as they were all small, between 20-40lbs :(
All in all, it was a great trip!!!
Anyways, back to the business at hand.....MAKING MONEY!!!!
Great pics Alaska Guy!!
The closest I ever got to Alaska was Vancouver in 1986 for the worlds fair.
Went Salmon fishing and caught some rock fish too. I remember we took the rock fish to a chinese restaurant, and they cooked it up sweet and sour style. I was only 13 at the time but remember it was one of my favorite trips.
Still have all the photos!! :) Always been a fan of Alaska, never been, always wanted to go!!!
Thanks again!!!! :)
I have to crash, its getting early here!!!
alaska guy, great pics!
bill, im up a shitload. IF it goes to 62/63 i may pull the sell trigger and rebuy if it hits .067/.068. lower float than BEHL could mean teens as well. i dont know. if your worried at all, you can just pull out your original investment and commissions and let it ride till the 28th. i think im gonna get some roundtrip trades before then.
if it drops and stays below a nickel i may unload. but i will keep my eye on the 15/30 minute charts before i make a move.
very tired now, up since the morning. did some night fishing and have to wake up before the market opens.