Market Watch for the week of 8/9/2009

[billhart22]

No, that's not it. CHB builds modular and mobile homes, not RVs. Pretty much every mobile home lot you see has some connection to CHB; they build under many names/brands.

Their modular homes are actually quite nice: http://www.championhomes.net/

Now I am starting to see the light. Modular homes should be a player. What do you think with the timing on the market?

BTW, I like Sponge Bob Square Pants...he is a trippy little dude.

[billhart22]

Oh, Joy!

Right in the middle of the action I get a SERVER IS TOO BUSY message on the wheel. Does anyone have a good L2 on QASP and MGLG? Scottrade sucks with pennies. It would be appreciated if you have one of each. Thanks.

[Los Tiburones]

Yeah i havent been able to all day. Want to see whats up with MGLG. L2 anyone??

Somebody kicked the spokes in ... It's just spinning, which is odd, usually you would get the "This page cannot be displayed" after a couple of minutes

[Sean]

last time mglg touched 5's we saw a PR the next day
gooooooooo team (sooo bored!!)

[billhart22]

last time mglg touched 5's we saw a PR the next day
gooooooooo team (sooo bored!!)

Take Dave's advice and get those books. You are a smart guy and use the time to learn T/A.

How is your stock doing? I forgot which ones they are. Could you refresh my mind?

[thetree]

I sold BEHL at .075 looking for a pullback, now that it looks like it has come down a little, I have a new plan.
After the MGLG PR at 1pm today, MGLG will shoot quickly to 1 dollar, I will sell and use my new 3.86 million dollars to buy back my shares of BEHL at .0685.
Damn I really am a genius.

[Los Tiburones]

I sold BEHL at .075 looking for a pullback, now that it looks like it has come down a little, I have a new plan.
After the MGLG PR at 1pm today, MGLG will shoot quickly to 1 dollar, I will sell and use my new 3.86 million dollars to buy back my shares of BEHL at .0685.
Damn I really am a genius.

Works for me, even if it's only a measly 1.5 Mil

[Alaska Guy]

Works for me, even if it's only a measly 1.5 Mil

I'm game!

[ShotsII]

Hi Team,
I'm so new to investing that I have never had to apply capital gains/losses to my taxes yet. That being the case, I have a situation that I could use some advice on....

I bought AMNE the day before the F/S 100K shares at .01. After the 5 for 1 F/S the shares are now worth .0012 each giving me a net loss of $400 on the investment.
HOWEVER..
Due to the F/S my acct is showing that I have $4400 loss on the investment.
I only put $1000 into it.
So my question is, if I sell at this loss, will I be able to count it as a $4400 loss on my taxes or just $400 loss?

If it is the $4400 loss then this just might be the most profitable loss I'll ever have!!

All tax advice is appreciated guys.

[ShotsII]

I sold BEHL at .075 looking for a pullback, now that it looks like it has come down a little, I have a new plan.
After the MGLG PR at 1pm today, MGLG will shoot quickly to 1 dollar, I will sell and use my new 3.86 million dollars to buy back my shares of BEHL at .0685.
Damn I really am a genius.

Hilarious Tree.
I've had a long morning and really needed that laugh.