Stock market tips and experiences

E92TTKING · 04-07-2011, 03:58 PM

nvidia finally dug itself out of its grave thank god. Same thing with jazz pharmaceuticals. I was scared shitless with jazz and just wanted to break even

donovan · 04-07-2011, 04:00 PM

I have not a clue haha, I'll sick back and watch and wait for my money to stack.

E92TTKING · 04-07-2011, 04:02 PM

Quote:

Originally Posted by Dr. G

NFLX has paid me really well in the past haha.

Been researching options trading past couple days. Thinking of taking my first chance with them soon. Most of my picks have done extremely well so think its worth a shot!

do you think i should buy more nflx? i bought at 233.22 now its 234 or around there. I think i should buy more at 234 because it may shoot up back to 237 or so. Anyone can reply

bolinp78 · 04-07-2011, 04:08 PM

Quote:

Originally Posted by greek335xi

do you think i should buy more nflx? i bought at 233.22 now its 234 or around there. I think i should buy more at 234 because it may shoot up back to 237 or so. Anyone can reply

If you are buying a stock strictly because you believe that it's going to go up 1-2% and this makes you happy then you really need to re-evaluate why you are in stocks in the first place.

You sound like the guy that said he would hate to be the people that shorted a stock after it goes up 1.2%.

You're doing it wrong.

Chowbow · 04-07-2011, 04:10 PM

Quote:

Originally Posted by stylinexpat

Check out the gains for the April 8 weekly $18 calls on NVDA. A little earlier on they were at $.30 Some nice ass gains for today.

http://www.google.com/finance/option...?q=NASDAQ:NVDA

23 cents now for the $18 4/8 call. Kind of tempting, but I really should stay back and relax. Just started all of this a month ago and not wanting to get crazy yet.

EDIT: Sorry, 27 cents ask. Price is 23 cents.

donovan · 04-07-2011, 04:19 PM

I'm going to start following ...

VenomBMW · 04-07-2011, 04:21 PM

Quote:

Originally Posted by bolinp78

Quote:

Originally Posted by greek335xi

do you think i should buy more nflx? i bought at 233.22 now its 234 or around there. I think i should buy more at 234 because it may shoot up back to 237 or so. Anyone can reply

If you are buying a stock strictly because you believe that it's going to go up 1-2% and this makes you happy then you really need to re-evaluate why you are in stocks in the first place.

You sound like the guy that said he would hate to be the people that shorted a stock after it goes up 1.2%.

You're doing it wrong.

You're the type of guy that's so greedy he ends up losing everything because he couldn't play it safe. Yesterday SIRI went up 4% and I sold it making about $2k. Had I kept it thinking it would go up even more I wouldve lowered my profit because it went down 1.2%.

nnnnnnnnnnnnnnnnnnnnnn · 04-07-2011, 04:34 PM

Quote:

Originally Posted by VenomBMW

You're the type of guy that's so greedy he ends up losing everything because he couldn't play it safe. Yesterday SIRI went up 4% and I sold it making about $2k. Had I kept it thinking it would go up even more I wouldve lowered my profit because it went down 1.2%.

No necessarily so. It has to do with preference and appetite for risk. Some people want to buy and sell in order to make a few percentage points. Others won't even consider selling until higher percentages. It doesn't mean one guy is playing it safe and the other is being reckless.

bolinp78 · 04-07-2011, 05:03 PM

Quote:

Originally Posted by VenomBMW

You're the type of guy that's so greedy he ends up losing everything because he couldn't play it safe. Yesterday SIRI went up 4% and I sold it making about $2k. Had I kept it thinking it would go up even more I wouldve lowered my profit because it went down 1.2%.

You're right. I'm greedy and I don't play it safe so I lose everything. Man, the truth really hurts sometimes. *kicks self*

VenomBMW · 04-07-2011, 06:22 PM

So AMSC fell another 8%. It's lost half its value in a week. Why?

AngelinIsRich08 · 04-07-2011, 06:26 PM

Quote:

Originally Posted by VenomBMW

So AMSC fell another 8%. It's lost half its value in a week. Why?

Hmm. That's a lot but I wouldn't go into it unless I see some rebound. Something falling by that much means it could be going down; permenatly. This 8% drop after it fell 41% yesterday isn't a very good sign. But if it goes back to last week levels again then itd be a great trade.

E92TTKING · 04-07-2011, 06:52 PM

Quote:

Originally Posted by bolinp78

If you are buying a stock strictly because you believe that it's going to go up 1-2% and this makes you happy then you really need to re-evaluate why you are in stocks in the first place.

You sound like the guy that said he would hate to be the people that shorted a stock after it goes up 1.2%.

You're doing it wrong.

wow my bad i meant to say 247 not 37

nnnnnnnnnnnnnnnnnnnnnn · 04-07-2011, 07:03 PM

Quote:

Originally Posted by VenomBMW

So AMSC fell another 8%. It's lost half its value in a week. Why?

Did you read any of the news on it?

VenomBMW · 04-07-2011, 09:25 PM

Ugh. The IRS is imposing even stricter rules on my brokerage account with Fidelity, along with everyone elses. Now they'll get as much taxes from out investments as possible; they've made the strictest regulations on investment accounts to date.

stylinexpat · 04-07-2011, 10:58 PM

Quote:

Originally Posted by Chowbow

23 cents now for the $18 4/8 call. Kind of tempting, but I really should stay back and relax. Just started all of this a month ago and not wanting to get crazy yet.

EDIT: Sorry, 27 cents ask. Price is 23 cents.

Too risky to touch now but it was good for those who bough earlier this week when NVDA was down.

stylinexpat · 04-07-2011, 11:05 PM

Quote:

Originally Posted by stylinexpat

I just bought some LVS $45 April monthly calls at $.92

They closed at $1.09

. I think LVS is due for that pop soon.
So far this morning Asian markets have held their recent gains so I reckon the DOW will see more gains this week or next prior to earnings reports. Will have to wait and see how Asian markets close today.

stylinexpat · 04-07-2011, 11:37 PM

$.04 away from $40

http://www.kitco.com/market/

Looks like Silver will see $41 soon which is SLV at around $40 then. For those that missed the ride up you may want to take a short term short position on SLV with some puts once Silver hits $41 or SLV at $40 and then I expect a 5-7% pullback before climbing back up again.

VenomBMW · 04-07-2011, 11:59 PM

Quote:

Originally Posted by stylinexpat

$.04 away from $40

http://www.kitco.com/market/

Looks like Silver will see $41 soon which is SLV at around $40 then. For those that missed the ride up you may want to take a short term short position on SLV with some puts once Silver hits $41 or SLV at $40 and then I expect a 5-7% pullback before climbing back up again.

So glad I bought those April 16 calls at the $39 strike price. I bought around 20 contracts I believe.

Chowbow · 04-08-2011, 12:53 AM

Quote:

Originally Posted by stylinexpat

They closed at $1.09

. I think LVS is due for that pop soon.
So far this morning Asian markets have held their recent gains so I reckon the DOW will see more gains this week or next prior to earnings reports. Will have to wait and see how Asian markets close today.

Been checking out LVS for a while but I don't know if I've missed the train already. What do you think? I've read some articles mentioning it'll rise up to the mid $50s.

Quote:

Originally Posted by stylinexpat

$.04 away from $40

http://www.kitco.com/market/

Looks like Silver will see $41 soon which is SLV at around $40 then. For those that missed the ride up you may want to take a short term short position on SLV with some puts once Silver hits $41 or SLV at $40 and then I expect a 5-7% pullback before climbing back up again.

Hmm.... looks like it'll be time for me to sell soon then!

stylinexpat · 04-08-2011, 06:06 AM

$40 cleared and tested $40.3 in Asian markets today.

stylinexpat · 04-08-2011, 06:07 AM

Quote:

Originally Posted by Chowbow

Been checking out LVS for a while but I don't know if I've missed the train already. What do you think? I've read some articles mentioning it'll rise up to the mid $50s.

Hmm.... looks like it'll be time for me to sell soon then!

If market does not tank or crash LVS will see $60 this year and possibly $80 after.

stylinexpat · 04-08-2011, 06:10 AM

Quote:

Originally Posted by VenomBMW

So glad I bought those April 16 calls at the $39 strike price. I bought around 20 contracts I believe.

They should be rewarding. Book profits before they decay.

04-07-2011, 03:58 PM	#683
E92TTKING Colonel 258 Rep 2,257 Posts Drives: e92 Join Date: Oct 2009 Location: Merica iTrader: (10)	nvidia finally dug itself out of its grave thank god. Same thing with jazz pharmaceuticals. I was scared shitless with jazz and just wanted to break even
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04-07-2011, 04:00 PM	#684
donovan Brigadier General 381 Rep 4,166 Posts Drives: R8 - Ford Raptor Join Date: Aug 2008 Location: National iTrader: (17)	I have not a clue haha, I'll sick back and watch and wait for my money to stack. __________________ Audi R8 v10 Ford Raptor m3e46freak@yahoo.comfor all euro parts!! ebay/craigslist verified/ m3post/e46fanantics/m3forum/zpost/bimmerforum
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04-07-2011, 04:19 PM	#688
donovan Brigadier General 381 Rep 4,166 Posts Drives: R8 - Ford Raptor Join Date: Aug 2008 Location: National iTrader: (17)	I'm going to start following ... __________________ Audi R8 v10 Ford Raptor m3e46freak@yahoo.comfor all euro parts!! ebay/craigslist verified/ m3post/e46fanantics/m3forum/zpost/bimmerforum
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04-07-2011, 06:22 PM	#692
VenomBMW Banned 25 Rep 63 Posts Drives: 128i Convertible Join Date: Apr 2011 Location: In a house iTrader: (0)	So AMSC fell another 8%. It's lost half its value in a week. Why?
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04-07-2011, 09:25 PM	#696
VenomBMW Banned 25 Rep 63 Posts Drives: 128i Convertible Join Date: Apr 2011 Location: In a house iTrader: (0)	Ugh. The IRS is imposing even stricter rules on my brokerage account with Fidelity, along with everyone elses. Now they'll get as much taxes from out investments as possible; they've made the strictest regulations on investment accounts to date.
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04-07-2011, 11:37 PM	#699
stylinexpat Major 423 Rep 1,427 Posts Drives: Join Date: Aug 2008 iTrader: (0)	$.04 away from $40 http://www.kitco.com/market/ Looks like Silver will see $41 soon which is SLV at around $40 then. For those that missed the ride up you may want to take a short term short position on SLV with some puts once Silver hits $41 or SLV at $40 and then I expect a 5-7% pullback before climbing back up again. Last edited by stylinexpat; 04-07-2011 at 11:52 PM..
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04-08-2011, 06:06 AM	#702
stylinexpat Major 423 Rep 1,427 Posts Drives: Join Date: Aug 2008 iTrader: (0)	$40 cleared and tested $40.3 in Asian markets today.
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