lets hope .40 is like trying to poke a small hole in a sheet of glass with a nail and a hammer...and yes the glass is holding back an ocean...and yes the ocean is GREEN :sunny:
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lets hope .40 is like trying to poke a small hole in a sheet of glass with a nail and a hammer...and yes the glass is holding back an ocean...and yes the ocean is GREEN :sunny:
just to throw this in, dndn seeking fda approval i think 4/17...if and it's a big if approved look for a launch. owned a few shares awhile back when it went from 4 to 17....looking to buy more siri if it stays below .40 tomorrow...good luck to all:cool:Quote:
Originally Posted by asm610
I think i'll join you all right now if you dont mind with some very special brandy that I just opened! Many more good days to come! Cheers:cool:Quote:
Originally Posted by asm610
tnr,Quote:
Originally Posted by tucknroll
It will probably be under .40 a bit after the opening rise...so line up your trigger finger nice and early.
right back at you!Quote:
Originally Posted by Sworntwofun
My Four long term stocks WERE SIRI (1.79) AIG(1.55) ,and GM (8.36), And WFC(8.41).
Yea....that's were.... as in kick me....HARD!
I set my trailing loss too low for WFC and took a 15% profit. I guess as mistakes go, that wasn't bad.
I went with advise given to me upon entering the stocks:
1) Set your PROFIT goals
Be realistic with your numbers compare against competitors, take
the economy into consideration. New Innovations on horizon. Mergers
& Aquisitions and are Debts going away?
2) Set Your Loss limits (What can you AFFORD to loose?)
Be realistic again with this number. If you want to ride it to the
bottom like the Titanic, remember it took 100 year for parts of it to
surface again. If you can afford this risk, the rewards are outstanding.
(Plus you never know, you may be bit players in a movie...LOL)
3) Set your time limits.
The time limits you invest have the biggest impact on the return,
Patience pays off!! Remember that Pops come in ups and downs.
After answering the first two questions. Short, Long, or
undetermined Time periods should be set. Set an HARD time frame
for your re-evaluation of the Stock. Has your requirements been met
for Debt, Product, or Service.
4) Look back but Never regret
Every Stock market transactions is an education. Making a decision
is NEVER wrong the first time! Repeatedly Buying High and Selling Low
is making someone rich, but not you. Learning from your mistakes is
fantastic, learning from other peoples mistakes is preferred.
With the market the way it is today rule number 1 is almost impossible to determine! But, I broke the number 2 rule with WFC a couple of weeks ago. Seeing WFC at 16.97 in after hours today....AAAAGH.....well that will tech me to loosen my trailing loss to maintain profit. My gut reaction was to sit and ride out the storm for about ten months to a year before setting the limits. I was influenced by a friend at work, to set a limit to capture the profit.
My next purchase target is to see if the Government will LOAN more money to GM. I made a partial buy, way too early. I will bring my average down to half of where it is right now, and then sit on the stock for about a year. Looking at dealership lots now versus three months ago shows that recovery is starting. This recovery will also translate into a new batch of SIRUS Subscribers for the new Vehicles. I found That the domestic sales numbers were encouraging and support the street view of vehicles in the Dealrship lots!!
If you're on the level bro..Nice. That's how you do it. $200K-ish profit. Although, have to say, why dump now with those kind of gains underneath you. You could have walked away with $450K when the thing hit .72 (very soon). Nice payday as is, but IMVHO you hit the wrong button today my friend. Or you at least leave half in....So there was about 1.6M V in Pre today. That means half of it was you. So, no way did you get the whole tranche at .42, since .42 was an ask price...if that was your sell that drove the price down to .38, you had to be diluted down from .41 tops. So what your average was about .385? and thanks for killing the SP this morning LOL...Quote:
Originally Posted by The Church lady
Yeah, we'll see that the L3 Q has to offer....
it's lined up. bought more today at .40 and .3805, ran out of cash till tomorrow.:D :cheers:Quote:
Originally Posted by asm610
Booie,
I foolishly bailed at a loss on GM. I bought F at rock bottom and am up on that but not by much. They have been lumped in with everyone else even though they were better prepared to weather the storm and saw it coming somewhat! I may pick up some GM soon if I can scrape together some scratch, but they still need to do alot of fixing!
31% in AH.... I think this one is on a rise. just set your goals & time limits. Don't forget that this one is govenment backed.Quote:
Originally Posted by Sirius_Long_Hauler
DNDN worth the watch...thanks for the info....Quote:
Originally Posted by tucknroll
dndn was below 3, had all my extra money locked up in siri, but it's all good:)Quote:
Originally Posted by sl62
your listeners want to know why u have stopped the show. we are on the back and it would be could to help exercise our demons.
fellow posters, pls ask Brandon and Tyler to have a show, perhaps twice montly. lest petition them.
brandon and tyler thanks for all of the articles.
Quote:
Originally Posted by The Church lady
WHAT A DREAMER..take your hands off your lap lady.
for the xm shares. i would like to track the preferred.
i am fearful on friday we will see major profit taking. this stock is up huge since Liberty announced when the stock was at .04
Quote:
Originally Posted by bababoooie
Baba...
Good rules to live by. GM will be the next C and head back up to like $4 as autos recover IMHO...it's all gov all the time these days, but it has to be otherwise we go down hard...sooner or later that will unwind back to private...
oopsy..just realized your numbers don't match. You said you sold 800K @ .425. That's impossible since the Pre high was .42. We didn't hit .43 until after the bell...sorry...no soap. :explode:Quote:
Originally Posted by The Church lady
Quote:
Originally Posted by asm610
I had F way back in 06. My buy-in floor back then was $7. The cycle was consistent enough for me to make it worth my while. The way I look at it F may go to $7-$10...but GM being on par with F will be $20-$30. Ford has already taken a number of cost cutting measures and has set the bar for GM and Chrysler. They may be competitors, but news about the cuts are provided by the UAW back to ensure parity for their workers. I believe that Chrysler has the best chance of the Three, due to the % of plants shut down and worker reductions. But Chrysler is LC. I can only hope of an IPO.
killer, asm, baba...Quote:
Originally Posted by killerkaul
Mama always told me not to look into the eyes of the sun...but mama, that's where the fun is......!!! -- Bruce Springsteen
:sunny:
I got into FNM a while back @ .62...Rode it way down and now I am feeling pretty good with 7500 shares... I don't think you can go wrong with a govt owned company! They aren't going to let it go BK.Quote:
Originally Posted by Sirius_Long_Hauler