Market Watch week of 10/05/2009

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Originally Posted by billhart22

I was considering that myself, but Scotty says "no". I figured I could double my money in 5 minutes. Instead, what do I do? I go out and buy 55,000 shares of desert with gold and silver in it.

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Might give it a shot in the morning ... maybe. Need to look into this some more ... As you mentioned earlier and from what I could gather there were no MM's making these trades, I still can't get my brain around that ... somebody has to be making the transactions, but who? That's been puzzling me all day.

The other interesting bit is how it didn't trade like EVFL (Before the Jolly Green Giant broke the sewing needle) back and forth between 1 and 2, but 1 and 3 for the most part.

I can't also help but think that this may have been just a one day journey ... Maybe it will go 1 to 4 tomorrow (Insert dreaming guy icon here)

Bill, curious about Scotty ... Oh, never mind now I remember ... They still have the "Sell no buy" on it or is neither now?

Was talking with my brother, he has TD Ameritrade and said that he couldn't buy any of my picks, short of QASP.

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Originally Posted by Los Tiburones

Might give it a shot in the morning ... maybe. Need to look into this some more ... As you mentioned earlier and from what I could gather there were no MM's making these trades, I still can't get my brain around that ... somebody has to be making the transactions, but who? That's been puzzling me all day.

The other interesting bit is how it didn't trade like EVFL (Before the Jolly Green Giant broke the sewing needle) back and forth between 1 and 2, but 1 and 3 for the most part.

I can't also help but think that this may have been just a one day journey ... Maybe it will go 1 to 4 tomorrow (Insert dreaming guy icon here)

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This will give you the scoop how the trading happens:

http://hanson.gmu.edu/OnMarketMakerFunctions.pdf

After you read the above link, you will see why it can go from 1 to 3. It will be an automated process based on inventory (from buyers and sellers) until Market Makers sign a Form 211 and dive back into the stock.

Market Makers are a service....not a necessity.

I am going to finish reading that also. ;)

Quote:

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Originally Posted by Los Tiburones

Bill, curious about Scotty ... Oh, never mind now I remember ... They still have the "Sell no buy" on it or is neither now?

Was talking with my brother, he has TD Ameritrade and said that he couldn't buy any of my picks, short of QASP.

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Yep, sell/no buy. Remember, these brokers are market makers also and trade piles of these stocks. They adjust the sell/no buy or no sell/no buy it is because of their personal inventory also. That is why one day you can buy and sell a stock, then the next day you can only no buy/ sell or another time no buy/ no sell.

All of this stuff is so intertwined. If I said anything wrong, anybody, please correct me. I will not be offended. ;)

good evening all...looks like I missed an interesting day, I was out golfing all day in 30 mph winds, I think it helped my game!!!

Surprised to see miggle up and running, I will be watching to see whether I should get out with a loss or just sit on it out of principle. After losing so much on it, what's another 690.00??

I'm in on behl at .06 and I refuse to avg down because though I think they are undervalued, I can't figure out why they have slipped to the point they are at now:confused:

great news for qasp today but no gain, still waiting for the aquisitions

bcle??? Saw the pr this morning before I left and only skimmed over it. It looked good but no help to the pps. THis one is starting to worry me because it's not making sense, there is just no interest in it but I'm in @ .025 and will take a loss on it if it hits .01...maybe

I like the "stocks for the day" you guys are putting out there to watch daily, it shakes things up a bit and though I am not playing yet, I hope to be soon, portfolio is down about 40% so I don't want to put more money on the table at this time. But it is fun to watch

Quote:

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Originally Posted by billhart22

This will give you the scoop how the trading happens:

http://hanson.gmu.edu/OnMarketMakerFunctions.pdf

After you read the above link, you will see why it can go from 1 to 3. It will be an automated process based on inventory (from buyers and sellers) until Market Makers sign a Form 211 and dive back into the stock.

Market Makers are a service....not a necessity.

I am going to finish reading that also. ;)

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Cool! Thanks Bill, will have to go absorb this ... in between dinner that is

Northeast Florida BBB ... QASP

BBB Reliability Report for
Quasar Aerospace Industries, Inc.


http://northeastflorida.bbb.org/codb...&id=112504611#


BBB AccreditationBack To Top BBB has determined that this business meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses pay a fee for accreditation review/monitoring and for support of BBB services to the public.

BBB accreditation does not mean that the business' products or services have been evaluated or endorsed by BBB, or that BBB has made a determination as to the business' product quality or competency in performing services.

This company participates in BBB Online. This means the company has agreed to use special procedures including arbitration, if necessary, to resolve disputes.

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Originally Posted by atmgeek1

good evening all...looks like I missed an interesting day, I was out golfing all day in 30 mph winds, I think it helped my game!!!

Surprised to see miggle up and running, I will be watching to see whether I should get out with a loss or just sit on it out of principle. After losing so much on it, what's another 690.00??

I'm in on behl at .06 and I refuse to avg down because though I think they are undervalued, I can't figure out why they have slipped to the point they are at now:confused:

great news for qasp today but no gain, still waiting for the aquisitions

bcle??? Saw the pr this morning before I left and only skimmed over it. It looked good but no help to the pps. THis one is starting to worry me because it's not making sense, there is just no interest in it but I'm in @ .025 and will take a loss on it if it hits .01...maybe

I like the "stocks for the day" you guys are putting out there to watch daily, it shakes things up a bit and though I am not playing yet, I hope to be soon, portfolio is down about 40% so I don't want to put more money on the table at this time. But it is fun to watch

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Hey Geek,

I am only playing with the money I have in there and manipulating it around. I haven't put any cash in there in quite a while, so don't feel lonesome. I saw a PR for BCLE this morning also, but brushed it aside. I don't even know what it said, lol. (Not that I am pissed with them or anything :mad:) What is a person supposed to do? Have a Corona and chill.

It sounds like the golf was fun. I used to golf a lot. Every day. Until I got so tired of it. My Dad used to make me go with him. We were on a par three over a water hazard and I told him that he was going to miss and his ball would go in the water. He told me, "No, it won't". I said, "Oh ya, it is going to go into the water". He said, "NO IT ISN"T!". I said, "Oh ya, it's going to go into the water." He yelled, "G D it! It's not going in the f'n water!" Well, he swung, it went into the water, I ducked behind his cart while he threw a nine iron at me and the club hit the cart and the shaft broke in half. We had one more hole to go to get to the club house. It is all blurry after that, but he didn't make me go anymore! ;)

Years later I started playing every now and then. I live in the middle of a country club now and don't even play. 13 years here and have never golfed here once. I love golf though.

I am throwing out some stocks. I ended up buying 50,000 shares of a gold and silver mines company in Nevada today. Tons of acres of sand. GSPG, I think...I haven't memorized it yet.
We shall see what happens. :)

Quote:

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Originally Posted by ShotsII

Northeast Florida BBB ... QASP

BBB Reliability Report for
Quasar Aerospace Industries, Inc.


http://northeastflorida.bbb.org/codb...&id=112504611#


BBB AccreditationBack To Top BBB has determined that this business meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses pay a fee for accreditation review/monitoring and for support of BBB services to the public.

BBB accreditation does not mean that the business' products or services have been evaluated or endorsed by BBB, or that BBB has made a determination as to the business' product quality or competency in performing services.

This company participates in BBB Online. This means the company has agreed to use special procedures including arbitration, if necessary, to resolve disputes.

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That is the BBB. It is a club, like the Kiwanis, except it is financial. It has not a thing to do with the government or law. They just rate you and the customers. They do call and solicit people though. I get calls from them quite often. Undoubtedly they called Qasp and asked them to join.

They do arbitrate between customers and companies. I am sure that the arbitrators cost money.

Good information - They have a good report. That BBB sign goes a long ways.

Quote:

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Originally Posted by billhart22

Hey Geek,

I am only playing with the money I have in there and manipulating it around. I haven't put any cash in there in quite a while, so don't feel lonesome. I saw a PR for BCLE this morning also, but brushed it aside. I don't even know what it said, lol. (Not that I am pissed with them or anything :mad:) What is a person supposed to do? Have a Corona and chill.

It sounds like the golf was fun. I used to golf a lot. Every day. Until I got so tired of it. My Dad used to make me go with him. We were on a par three over a water hazard and I told him that he was going to miss and his ball would go in the water. He told me, "No, it won't". I said, "Oh ya, it is going to go into the water". He said, "NO IT ISN"T!". I said, "Oh ya, it's going to go into the water." He yelled, "G D it! It's not going in the f'n water!" Well, he swung, it went into the water, I ducked behind his cart while he threw a nine iron at me and the club hit the cart and the shaft broke in half. We had one more hole to go to get to the club house. It is all blurry after that, but he didn't make me go anymore! ;)

Years later I started playing every now and then. I live in the middle of a country club now and don't even play. 13 years here and have never golfed here once. I love golf though.

I am throwing out some stocks. I ended up buying 50,000 shares of a gold and silver mines company in Nevada today. Tons of acres of sand. GSPG, I think...I haven't memorized it yet.
We shall see what happens. :)

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wow, alot of posts to catchup on. I see someone actually talked about Alcoa...A guy I work with swing trades that and has for the past year, he loves it. I'm hitting the sack, long day, see you guys at the opening bell