Market Watch for week of 8/17/2009

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Originally Posted by thetree

Hey geo,
I see you are holding some EVFL, have you tried flipping it yet and if so, were you able to and how long did it take? I have a couple friends with 5 million each and they have been trying to sell at 2 for weeks now. Just curious if you have been successful.

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I've had my sell in for EVFL for almost 2 months and as of yesterday their were 300mil. orders in front of mine at my Market maker (whoever scottrade uses) and their are several mm's with who knows how many orders to be traded before mine. My GTC sell order will likely expire before it gets filled

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Originally Posted by stang3O2

I've had my sell in for EVFL for almost 2 months and as of yesterday their were 300mil. orders in front of mine at my Market maker (whoever scottrade uses) and their are several mm's with who knows how many orders to be traded before mine. My GTC sell order will likely expire before it gets filled

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im sure you mean 300 million shares right? Even at 5-10 million per trade that is not that many. 300 million is less than a days volume.

Bill--
Some very nice moves you've got there in the video. Most impressive.
"And now, for my next trick, I will make Sean's F5 key disappear."

Sean--
Really? Get another job. Dig ditches. Anything. You'll enjoy it more.

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Originally Posted by Stock Magician

OH...

and I picked up some CHB at .40 Looks like a good price for the month. I will hold this one for a short term (say 20%) return.

I think this is a good one to earn a little bit of coin. Check the charts and see what you guys think.

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Atta' boy! I think you can do more than 20% return if you stay on top of it. I'd sell it the next time it hits .60. ;)

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Originally Posted by thetree

im sure you mean 300 million shares right? Even at 5-10 million per trade that is not that many. 300 million is less than a days volume.

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yes 300million shares AT my mm only. And those are at .0002 I called a week ago and their were 400mil in front of me if that gives ya a better idea. The majority of the daily vol. is at .0001

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Originally Posted by stang3O2

yes 300million shares AT my mm only. And those are at .0002 I called a week ago and their were 400mil infront of me if that gives ya a better idea

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Yeah I think if these days where it is at 2 most of the day continue, you should double up about christmas!

Hey guys (and gals?)

I started reading you guys a week or two back & thought I'd step up and say hello - finally.

What I've gathered, this forum is most fortunate to have the likes of you all & I'm quite pleased to stumble into this thread. Okay, I didn't really stumble - a buddy of mine mentioned that he had been in communication with a few of you and spoke highly of his interaction.

I must say that I agree with him. It's refreshing to have such level of educated and respectful folks - indeed.

A little about me - I'm a photographer, in San Diego, on the disabled list. So, I've used my down time (wisely?) to become more familiar with the market and even to invest more.

What's funny, in a not_so_tasty way, is that we (the wife & I) bought into Sirius back when Howard signed on. Why? Well, my wife was in love with him - okay, maybe she just enjoyed listening?!? - and we knew that there were plenty of folks *just like her*, so we bought the stock & then bought the service.

We watched our investment go up and then we watched it go down.

skipping the unsavory - run for the can because I'm going to throw up stuff that happened in between then and now...

Well, I'll consider the "now" to be when Mel announced the end of the merger - because that's when we bought back in - and then watched the dog get sick, again.

This year, since having the time to educate myself, we jumped back into Sirius with both feet & our checkbook.

We made some smart, if not brazen (and perhaps the polar opposite of what our financial advisor would say to do), we've double & even tripled down on Siri and have increased our position tremendously while averaging down to a very nice level.

side note: it's really weird to have TDA put us on it's "hey, you've hit such and such mark on your portfolio and now we're going to give you free stuff" list.

The plan, as it were, was to add and average down and then take our money back and play with free shares.

Now - well, isn't it funny how the "over core" shares manage to sneak into the "core" shares? Yeah, we're now officially LONG on all shares.


So, what do I do now? Now that we're long on all of Siri? Quite the conundrum ;-)

After going through the messages on this board, I decided to purchase a few shares of QASP - 3 lots at this point. Not a lot of $ - I'm under $700 in.

Why did I buy? There's really only one reason when it comes down to it - and that's their acquisitions that are due to close at the end of the month.

My plan for that is to take my cash back between a nickel & 6 and let the rest do whatever it'll do.

After that, I plan on turning off my computer and take up swimming as a hobby...it's a hell of a lot less stressful ;-)

Well, there's *that* and also the fact that I really don't like getting up early.

So, there ya go - I'm officially de-lurked. You all know that I'm here and you know my basic story.

Happy days to you all and to you, Happy Days


Ramsey

ZERO!!!! should we be worried?

Bill,

Can you post a L2 on mglg? Someone just dropped off of the ask.(I'm guesssing ABLE)

Something brewing?

Welcome Ramsey!!!! I am a lurker on the other thread and knew you there!!!

Good to have you on board. Good buy on qasp!!! What did you get it at?

I'm still sitting on a core position of 21k shrs of siri, I did the unthinkAble last week and sold about 9k of my core positions in it, thnking I would buy back when it pulled back, but it never did and is running nice now, FINALLY!!!! Keeping my fingers crossed that it breaks through .63 and never looks back!

welcome ramsey.


mglg--- oh please dont be teasing me!!!