The Official Stock Market and Other Investing Thread`

[elipsesjeff]

Eh, might as well see what people have to say about it. I've been slowly moving my poker winnings out of my BR and into something just as volatile: the stock market. Needless to say its just as volatile. I will go ahead and list the stocks that I own:

Microsoft (MSFT)
Energy Select Spider (XLE)
Materials Select Spider (XLB)
Citibank (C)
Marvel Entertainment Group (MVL)
Sirius Radio (SIRI)
Yahoo! Inc. (YHOO)
Lucent Technologies (LU)

I am actually interested in purchasing another 8 or so stocks eventually. I'm also the risky investor, those willing to short-sell stocks if I think they will go down (Pepsico is in mind). I consider myself pretty knowledgable, purchasing options and futures is also feasible. What do you guys think and lets see if we can start up a decent discussion.

[LeFou]

I just own two stocks:
SGP schering plough
JCI johnson controls.

Both of these are DRiPs -- I can't fire up a real portfolio until i pay down debts.

Correction: I can't RE-fire up a portfolio. I had a tdwaterhouse account until last month. Guess when I started that? March 2000 -- not a good time to get in the market. Had a decent variety of industries but too much money in two very painful positions:

Data Return (now worthless): tech stock, a friend of mine worked for 'em. Their bubble burst.

The other: hard to believe, but true:
WorldCom

PWNT!

[whileone]

Microsoft (MSFT)
Citibank (C)
Yahoo! Inc. (YHOO)
Lucent Technologies (LU)

What do you think these will do for you? Microsoft and Citibank seem like solid long term investments, but i don't see them doubling in value in anything less than 5 years.

Lucent dosn't make anything anymore. i suppose they can live on pattents for a few years, but i don't see them coming out with 56k modems or gigabit routers anymore. i know they still make them, but back in the day they were innovators.

Yahoo? the internet? is that thing still around? explain to me how they will ever turn a profit, and i'll think about it. tech stocks suck when you buy them late. the PE is sky high at 54... fifty four years to make 36 bucks. dosn't sound like a winner unless they pull out some new ways to make revinue.

The only company i'm really looking at is Pacific Gas and Electric(PCG). apparently the're vile scumbags who defrauded the public with enron. On the other hand, they own a nuke plant. California still dosn't have enough power. I think the stock price is artifically low, because people hate them. Heck, the market cap is 11Billion, and the stuff they own is worth 20Billion. People still pay thier electric bills though, i think in a year or two the stock will pick right back up. (I'm not a broker. I don't have any money in this company yet. Do what you want with your own money)

I think the stock market is a wise place to move your money. all the fishes are moving thier money out of the market, and into real estate driving up housing prices, and keeping stock prices low. (hmm... might have to take a long look at home depot again). WHEN i start winning some major cash, i'm putting my money there.

if you haven't read "one up on wall street" you should. it's sort of like holdem for advanced players. It shows a bunch of the "plays" you can make in the stock market. like a boring old telco that owns 60% of a skyrocketing cell phone company. or, the market cap of some company is less than the "stuff" the company owns. buy the stuff, get the business for free.

good luck, be smart.

[lonnie]

I've currently got money in:

SIRI - great long term upside. cheap stock to get into now.
WMT - steady performer.
MSFT - must own this stock
XOM - rock solid co. and usually has a good dividend.
NAPS - risky, but new marketing strategy might propel them into contention with apple
HPQ - cash rich company currently trading at a discounted EPS. Need to get their shit together in the desktop and laptop market.
AGG - Lehman aggressive bond fund. place to put money when I don't know what else to do with it.

I've been using Sharebuilder.com for my trades. I'm not too much into day trading and their trades are only $4 rake per transaction. If you buy stocks that pay a dividend, you can have the dividends reinvested automatically at no charge, like a DRiP. The downside to sharebuilder - you can only make your buys one day a week, on Tuesdays. When you sell the fee is around 14.00, so it's definitely not for you if you are a market timer.

[elipsesjeff]

MSFT - I just bought it at the current 52 week low. Looks like a good investment to me.

LU is trading at like 2.66 or so a share today, I bought it 2.6. It wont take much to earn a good return on this.

YHOO - Man, I wish I had bought this last year at this time, if i had the money then like I do now I would have. Then it went up 50% and i was kicking myself. A lot of analysts still recommend it as a buy; internet stocks such as YHOO have such power in the market place there really is no limit to what they can do. I would rather purchase YHOO over Google.
Edit: Up 5% today alone!!


Side Note - How much investment capital do you think one should have to safely start day trading?

[elipsesjeff]

I've been using Sharebuilder.com for my trades. I'm not too much into day trading and their trades are only $4 rake per transaction. If you buy stocks that pay a dividend, you can have the dividends reinvested automatically at no charge, like a DRiP. The downside to sharebuilder - you can only make your buys one day a week, on Tuesdays. When you sell the fee is around 14.00, so it's definitely not for you if you are a market timer.

That sounds like a shitty ass site; one day a week trading and the average buy and sell will cost you $18. I use Scottrade and have had little to no problems. We each get three free trades if I refer you . The transaction fee is $7 per order (average of $14 of buy and sell) and no inactivity fees. Also, the minimum balance is only $500 for the small-time investor.

How many of you guys would ever purchase on margin?

[lonnie]

one day a week trading and the average buy and sell will cost you $18.

I'm using a buy and hold strategy, so I'm not going to be doing much, if any, selling, so my overall cost should be slightly cheaper. No inactivity fees at sharebuilder either. If I were going to be doing a lot of transactions I would definitley go a differerent route.

The rake at low limit games and stock commissions on small transactions are pretty similar. The big boys get all the breaks in both casees.

Side Note - How much investment capital do you think one should have to safely start day trading?

I don't know if there is such a thing as safe day trading. I used to talk to a very intelligent friend of mine about the market and the conclusion he had come up with after much study and contemplation - the individual investor cannot beat the indices in the long run. He claimed that stock market prices are typically already where they are "supposed" to be. When news hits about a company it generally too late to make a move as insiders and institutional investors will always beat you to the punch. After much debate, I agree with him.

I think diversification into solid stocks and a long term buy and hold strategy are the best, at least for me.

All day traders do is pay rake in my opinion. This is a generalization of course.

[elipsesjeff]

one day a week trading and the average buy and sell will cost you $18.

I'm using a buy and hold strategy, so I'm not going to be doing much, if any, selling, so my overall cost should be slightly cheaper. No inactivity fees at sharebuilder either. If I were going to be doing a lot of transactions I would definitley go a differerent route.

The rake at low limit games and stock commissions on small transactions are pretty similar. The big boys get all the breaks in both casees.

Side Note - How much investment capital do you think one should have to safely start day trading?

I don't know if there is such a thing as safe day trading. I used to talk to a very intelligent friend of mine about the market and the conclusion he had come up with after much study and contemplation - the individual investor cannot beat the indices in the long run. He claimed that stock market prices are typically already where they are "supposed" to be. When news hits about a company it generally too late to make a move as insiders and institutional investors will always beat you to the punch. After much debate, I agree with him.

I think diversification into solid stocks and a long term buy and hold strategy are the best, at least for me.

All day traders do is pay rake in my opinion. This is a generalization of course.

True, the markets are pretty efficient, but there are still exceptions (such as value-line exception). I agree with the buy and hold option as you do, but theres got to be a system otherwise why would I-bankers get paid so much?

I've also thought about investing in bonds; a rather slow yet steady rate of return. But not now, considering interest rates are rising.

[lonnie]

Jeff- I know you are a smart guy and would not consider day trading unless you thought you could get some sort of edge on the other guy. So what's your edge? What would make you a skillful day trader? I don't feel like I have an edge in the stock market, hence the buy and hold strategy.

[whileone]

When news hits about a company it generally too late to make a move as insiders and institutional investors will always beat you to the punch. After much debate, I agree with him.

It's true about the news part, but there are plenty of companies institutions miss. la quinta, pep boys, spring to mind.

if a company sounds silly or boring, an analyst will have a hard time convincing his boss to buy it. the small investor can pick up the little, big potential stocks. most insitutions have minimum requirements as well. they can't invest less than 10 million dollars, it's not worth their time. i think the little guy can pick stocks, and hang on to them until an institution wants them. small cheap companies, lots of room to grow.

institutions are also sort of hamstrug by news. It depends on wether or not you belive a company has an intrinsic value independant of the market. if you do, bad news is great for you, you get to buy cheap stock. for the institution, bad news is bad, the only value a stock has is the instantanious value represented in the market. Institutions tend to be weak-tight.

I think diversification into solid stocks and a long term buy and hold strategy are the best, at least for me.

I think diversification isnt a big money maker. something like 80% of the gains of the stock market on any given year come from 20% of the companys. microsoft and dell account for a huge percentage of our economy's growth over the last 10 years.

if you're older, sure deversify. if you're less than thirty, you can afford to camp for aces. find the one perfect co, and buy all you can get your hands on. or pick 10, but don't deversify for deversifications sake, pick the very best stock you can every single time.

[lonnie]

I think diversification isnt a big money maker. something like 80% of the gains of the stock market on any given year come from 20% of the companys. microsoft and dell account for a huge percentage of our economy's growth over the last 10 years.

Of course putting your money into the top 20% performers is better than diversification. Now tell me who the top 20% will be....??? Diversification across companies and market sectors is certainly a hedge to a certain extent, but it allows you to make mistakes every now and then and not kill your life savings.

If you are making a one time investment of 5K...sure take a gamble. When you are investing 1-2K a month you're goals tend to change. I can definitely appreciate the "take a shot" aspect of the younger investor. Different risk tolerances and investment amounts will change your investing attitude for sure. Add a wife and kids into the mix and diversification makes more and more sense.

[elipsesjeff]

Jeff- I know you are a smart guy and would not consider day trading unless you thought you could get some sort of edge on the other guy. So what's your edge? What would make you a skillful day trader? I don't feel like I have an edge in the stock market, hence the buy and hold strategy.

Well, with one finance class under my belt, I'm a professional!! They never teach what to look for when you invest, that comes with experience; they only teach you how to invest.

Obviously, teh best strategy is to buy low and sell high, whether thats in long or short positions. We just started Options in class and that looks like a good way to minimize risk and maximize returns if you know what you're doing (and right now I dont). I took a big hit yesterday when Krispy Kreme dropped 7% on my ass in one day, I dropped them like a sack of potatoes and picked up SIRI.

I am a pretty risky person, especially with money I didn't 'Earn' . Anyway, with that in mind I dont mind losing some now to earn a lot later, considering I'm still in college.

Thats one reason why I created this thread, to get an idea of some marginal stocks out there that could be due for some nice returns. I hope the interest keeps up!

[Yeldud]

Side Note - How much investment capital do you think one should have to safely start day trading?

Hi All:

Have not posted in a while, becuase I still can not play poker online.

Have been looking at the site from time to time and came across this thread and to answer your questions, In 2001, the SEC enacted a rule that mandates you maintain 25K in your account to "pattern day trade" and you can only day trade on margin.

There is truly no such thing as a "safe" amount and most day traders I know were severely under water for the first 6-8 months.

Stick with a long term strategy for the markets.

Regards

[Legendash]

I just started getting into shares and was thinking about buying some but thought i'd do a test with imaginary shares for a bit so see if it interests me, i'm looking at fairly volatile stocks as it is play money but i want to see if i can make a chunk. As my BR grows i plan to invest some in shares but at the moment the £10 charge to buy/sell would hurt my profits too much

I've currently got stock in Neteller, NVidia and Cryptologic

Neteller is interesting as they are pretty much on their own in the funding market as Visa/Mastercard can't get involved, their shares went from 2 up to 7.5 between feb and april, they came down to 5 but i think they'll go back up

Nvidia nearly bottomed out completely but their cards are kicking ATI's arse at the moment so i think they are on the up

Cryptologic i just thought i'd a get a piece of the poker pie and see how it goes but a Stars or Party IPO would be much more interesting, how many of you guys would buy a piece of party?

Any tips to an absolute newb to shares, i think i could get into it properly, what do you guys think of freetrade? (ameritrade service)

[whileone]

Of course putting your money into the top 20% performers is better than diversification. Now tell me who the top 20% will be....???

Heh, true enough.

If you are making a one time investment of 5K...sure take a gamble. When you are investing 1-2K a month you're goals tend to change. I can definitely appreciate the "take a shot" aspect of the younger investor. Different risk tolerances and investment amounts will change your investing attitude for sure. Add a wife and kids into the mix and diversification makes more and more sense.

You might take a long hard look at making 10 1-2k gambles a year. if you shop around, and have a good idea of what you're looking for you can pick something reasonable.
say you have 2 abject failures, and loose half thier value. 3 slight losers, 3 slight winners, and 2 that double in value.

10k @ 10% -> 11k
vs
2k @ -50% -> 1000
3 @ -10% -> 3600
3 @ 10% -> 3300
2 @ 200% -> 4000
11900

get a no load spider fund, it's a no brainer, 10% a year, forever. if you realisticly want to beat that, i think you have to be very tricky. after fees and such almost no mutual funds beat it.

i'm just saying if you're willing to spend the time shopping, looking as hard at the market as you do at poker, then i think pretty much anybody can pick a stock that will double, or better.

people seem to be good at buying homes, i think most of that comes from shopping. they look at lots of houses, they consider a zillion factors. most people are very successful with that investment. If people spent that kind of effort on picking stocks, rather than some guy said kinds of tips, they couldn't help but pick some decent companies.

it's like fnords limit guide

You under-estimate how much of your profit comes from AA,KK,AK
You under-estimate how much of your profit comes from players that suck worse than you and fail to seek them out.

most stock analysts are at jobs. they aren't geniuses. they have worries and concerns. an enthusiastic amature can't beat the best pros. but an enthusiastic amature can get to the top 10%

you do what you think is best, of course. kids and house and everything else is damn scary. if i were in those shoes, i'd invest in a spider. that's what my 401k is. but if i had some money to invest, i'd camp for aces.

[whileone]

Any tips to an absolute newb to shares, i think i could get into it properly, what do you guys think of freetrade? (ameritrade service)

keep total costs less than 2%. most of them are cheap, but there ends up being $50 or so in fees, so you're looking to invest $2500 at the minimum, so costs are less than 2%

go read www.fool.com it'll get you in the right frame of mind. go read "One up on wall street" by peter lynch. lot's of good info.

[BoondockSaint]

How many of you guys would ever purchase on margin?

Me - I used to be a stock market junky. Id click on biggest decliners and biggest advancers and decide my shorting and buying ideas for the day on that. God I wish I knew then what I know now. I sold some shit wayyyyyyyyyyy the hell to early because I was such an amatuer and should have like $200,000 cash now. The best one was a company by the name of starcraft that a college professor my brother had was the CEO of. He said the shit is at $1 dollar right now. Put a few thousand in it and you will either lose it all or make an assload. Well in less than a year it was at 27. MAN!!!!!! I about cried watching that go up knowing I didnt have any. I cant even find it now so I dont know if it was made private again or what happened since I havent been watching the market the last 1-2 years. Just got 2 busy with shit to pay attention anymore.

[BoondockSaint]

I took a big hit yesterday when Krispy Kreme dropped 7% on my ass in one day,

Um - that seems an odd one to be in the first place - im not updated on all the shit but from the little ive heard they are in serious trouble. Are they like way undervalued now or something.

Someone said something about nextel - I actually had that shit at 4.87 - god thats another huge mistake. Sold it in all crazy rukus going on with all the cell phone companies (actually had to because of a margin call - oopsie). Actually went to like the low 3s too so I shoulda sold out of my other stuff and got back in but I didnt. I had it a year or so before that to on a day trade and made 20% in a single day on my whole bankroll. That was my best 1 day and my best 3 day was 38%. RAD I used to trade like crazy. Thats Rite Aid if you dont know. It was all around the time they got into that CEO scandle and like 5 billion in debt or something. It used to be very predictable. You could buy it ever time in got in the low 2s and make money. IFSIA is a crazy one. I dont know if it still is but that crap used to jump between 3-4 to like 8-10 quite often. It would bounce like 10% in day from the low to the high because the volume of shares traded was so low. I had that at one point in the 2s and it got up over 10 since then. AHHHHHHHHHHHHHH I hate thinkin back on how much money id have if I woulda just kept it all instead of trading it back and forth every day. So basically I agree with what people have said on here. Long term makes the best money. You can make phat ass money daytrading but even more phat ass money long term. At least with everything I screwed with that was the case.

[stuck]

I'd recommend putting a fair chunk of money in index funds. Very safe and almost guaranteed returns as they're already incredibly diversified.

If you can pick the top stock performers - more power to you - no one I know can do that on a long-term basis. Diversification is key.

As for individual stocks, well, I think I'd recommend against microsoft. I don't really see them growing much more and they seem like dead money. I mean, they're probably a safe investment, but I don't see you getting a very good return beyond the dividends.

[Trikflow77]

Jeff you are playing with fire dipping into the stock market like this. Your start up investments need to be safer more diverse forms. Microsoft is a solid stock and will pay out good dividends, same with citibank. Sirius is a VERY dangerous investment, be careful with that one. Cant really type right now, but I will go into more detail later.

[whileone]

Jeff you are playing with fire dipping into the stock market like this. Your start up investments need to be safer more diverse forms. Microsoft is a solid stock and will pay out good dividends, same with citibank. Sirius is a VERY dangerous investment, be careful with that one. Cant really type right now, but I will go into more detail later.

Day trading is too much man, but as far as sirrius goes, there seems to be some sort of market:
http://www.flopturnriver.com/phpBB2/...ic.php?t=10321
of course, people may not want to pay for that stuff. we'll see.
don't forget car manufacturers own huge parts of satelite radio. heck i think sirrius uses the onstar satellites. they aren't profitable now, but... you could do much worse for a modarate risk back of the cuff estimate would be something like 30% chance of failure vs 70% chance of doubling in 3-5 years.

just my 2 (more) cents.

[elipsesjeff]

Jeff you are playing with fire dipping into the stock market like this. Your start up investments need to be safer more diverse forms. Microsoft is a solid stock and will pay out good dividends, same with citibank. Sirius is a VERY dangerous investment, be careful with that one. Cant really type right now, but I will go into more detail later.

Sirius isn't that risky when its 10% of your investments. I've diversified myself and plan on taking a few risk here and there. Thats why I put money in KKD, they were actually doing really well for me before they plunged.

Due to the recent upswings in earnings from YHOO, as well as the huge YHOO and GOOG price spikes today, I loaded up on EBAY as they had their earnings call today. They made more than expected but they estimated future growth below expectations, so really its up in the air.

[Zangief]

No recommendation, just sharing info:

WPTE - WPT Enterprises Inc.

P/E = 267.69!
Price/Book = 9.10

Time to short it?

http://money.cnn.com/2005/04/13/news/midcaps/wpt/

[whileone]

No recommendation, just sharing info:

WPTE - WPT Enterprises Inc.

P/E = 267.69!
Price/Book = 9.10

Time to short it?

http://money.cnn.com/2005/04/13/news/midcaps/wpt/

i read thier annual report not to long ago. the've never turned a profit.
they must stay with the travel chanel through season seven. the travel chanel can cancel any time. Additional poker shows, like WSOP, and that heads up one on fox may saturate the market. Whatever the news says, even WPT dosn't sound optimistic about WPT's future.

Party poker on the other hand should be fantastic. Addictive product. adding customers dosn't increase costs signifigantly (throw another server in the farm). they don't have to *do* anything. just sit there and watch the cash roll in. with the proceeds they can invest in other businesses like insurance companies do. Bargin at any price, that is.

Google has to keep the 100 smartest people in the world working 60 hour weeks thinking up new stuff. Party has to keep some servers running.

crypto was and is a great pick as well, for simaler reasons. crypto has dividends and everything. Vice stocks are great.

[Zangief]

crypto was and is a great pick as well, for simaler reasons. crypto has dividends and everything. Vice stocks are great.

Have you taken a look at VICEX?

[elipsesjeff]

Man, crypto looks pretty sweet, too bad it drooped nearly 6% today in teh market. However, what goes down....

[whileone]

crypto was and is a great pick as well, for simaler reasons. crypto has dividends and everything. Vice stocks are great.

Have you taken a look at VICEX?

not yet... i'll check it out this weekend.

[Eric]

I'm not sure about individual stocks but the market as a whole has been frustrating for many years now. It seems the DOW has been near 10,000 for years...

[stevedonel]

Investing is quite possibly the most oppinionated feild in all the world. It's just like poker, everyone thinks they are great, but very few have figured it out (I am definately not one of them)

2+2 has an entire sub-forum on investments; there seem to be some people there with good concepts. Another place is diehards.com.

But then, if you get your investment advice from random people online, you need to Google Jonathan Lebed.

[Zangief]

Nvidia nearly bottomed out completely but their cards are kicking ATI's arse at the moment so i think they are on the up

Would have been nice to buy NVidia at $10 last year.

What makes you say their cards are beating ATI's right now? If reviews, can you post links, please?

[Legendash]

I have a subscription to PCZone and they review 3-5 cards a month, a year ago ATI had the radeon 9600 and 9800 and NVidia were way behind but nowadays it's all about the 6600GT and similar models which are faster and cheaper than ATI equivalents. I haven't time to get online reviews at the moment but i can look later.

[Repoman75]

If you guys are risky and willing to risk your investment with a possible return of a 5 or 6 bagger AT LEAST possibly by the end of this year, then listen up.

First of all, if you day trade, make sure you are ONLY daytrading NASDAQ, especially OTC. If you really have balls and want to make some real cash, then trade pink sheets. 7% loss?? AHaahaa. That's a joke. You need to watch the pink sheets daily. They go up and down 70% everyday... if you can pick the winner for that day, you can easily double or triple your money. Hard to do, but feasible. Did any of you ever hear of the stock SPEA? Look it up, the news and chart. They were a .30 stock and announced they buying the rights to Graceland (Elvis). They are now a $20 stock - went up 6000% in one day. OTC stock...

Anyway, back to my pick. It's a pink trading at .01 right now. Symbol - NCDP. Company - Nicodrops. They make a quit-smoking lozenge like nicorette.... however, they contain no nicotine and are 50% less in price. They are being sued by GlaxoSmithKline, the maker of Nicorette for supposedly trademark infringement... it's bs. Glaxo is trying to stop this product from getting to market. But alas, they are too late. If you go to cvs.com, or walk into your local Walgreen's, you will find it. Go out and try it if you smoke. The company will most likely be announcing sales figures late Fall, early Winter. From what I hear, Walgreen's can't keep them on the shelf. They actually work!

Go do your own due diligence. I have 1/2 million shares of this stock and am expecting it to go to .1, .20, maybe even .50 cents. You do the math.

And I used to be in the securities industry so I'm not talking out of my ass.

Good luck trading!

[elipsesjeff]

The only thing I doubt is that I really don't know you. Thus, I dont know your intentions; someone with 1/2 million shares of a stock only needs it to go up .05 a share to make a good days work. I like what I see and I am thinking about purchasing it, however, penny stocks arent the most stable of stocks. Also, you might just be trying to increase the price so you can sell and take a nice gain on it.

No offense, but that has me worried.

Edit: It dropped 8% today, man, thats a nice loss for you with 50k invested in this thing. I still may put $1k in it though.

[lonnie]

It dropped 8% today, man, thats a nice loss for you with 50k invested in this thing.

Jeff, he has 5000 in this stock, not 50,000.

Never, ever, take an unsolicited stock tip from a stranger. Of course, my dad also told me not to draw to gutshot straights. Turned out he was wrong on that one.

Aren't companies that trade for .01 usually bankrupt?

[Repoman75]

You're both wrong on your points, actually, a lot of your points.

Point 1: The stock has 800 million shares outstanding... I doubt if you or the entire FTR board decided to buy that you would influence the price enough to a point that I am willing to sell. But good insight... have to watch those people who pump in hoping to raise the price so they can get out.

Point 2: DO YOUR DUE DILIGENCE. If you had, you would have known how many shares are authorized. NEVER take unsolicited advice and then just go buy. That's a way to the poor house. BUT, like I said in my previous post, do your research... you may like what you find.

Point 3: The stock dropped 8% yesterday, yep. Last week, it was up over 75%. Did I sell? Of course not. Because like I said in my previous post, that is how the pinks trade. Some go up 300% daily, down 50%, up 60%, etc. It is EXTREMELY volatile. So you have to set your prices that you will sell at, both high and low, and not worry about the swings.

Point 4: No, pink sheets are not bankrupt companies. YES, pink sheets do contain SCAM companies, where some guy can issue millions of shares without having any real business. But in most cases, the pinks are where new companies start before becoming listed on OTC and Nasdaq.

Again, I am NOT offering a buy recommendation on this stock. I am NOT giving you my advice. All I am saying is you may want to research the stock and decide on your own.

Good luck.

[Yeldud]

Figured I would chime in again.

Point 1 - Repo man is correct. There is too big of a float for one person to drive the MM's on this one.

You should always do your own due diligence. Keep in mind the Pinks are highly speculative, many are bankrupt, many are scams, and many are companies starting out that are not yet able to be listed. Any money you invest in Pinks should be money, you are, in equivalent, willing to flush down the toilet. With respect to NCDP, I also have a position in this stock, which of course is no reason for you to buy, but they are not a scam -there product exists. It is carried by both Walgreens and CVS. There is a pending lawsuit, which is no doubt overhanging the issue. On the downside, even though they are a Pink, I wish they would file financials with the SEC.

Anyway, be careful when investing in Pinks - be prepared to lose all of your capital, but like they say, the higher the risk, the greater the reward.

I also am not offering a recommendation on this issue, just making sure that you know what you are in for with the Pinks.

Good luck and happy investing.

[Repoman75]

Yeldud - nice to see a fellow NCDP'er.

I'm not sure how much DD you have, but from I what I've heard, Canadian retailer is next, and possibly Rite-Aid or Walmart in the states. Also, European manufacturer is coming soon.

I don't expect filings until the lawsuit is over, but just wait until the initial sales order comes through.... I think we are on a goldmine. That PR will push us to .05 IMO.

Good luck! This one has swung enough to give anyone an upset stomach.

[elipsesjeff]

Goog had a huge upswing today, up 7% at one point. So I short sold it at $217, wish I had done it at $220+ and will buy it back at $211 or $212 for a nice 3% gain. Its not very much I know but its nice to get a hang for these things while I can. Plus, 3% with a lot of money involved can eventually give you a good return for one or two days investment.

Im still thinking about NCDP.

[BoondockSaint]

Yeah gapped up 15 points. Thats gonna be splittin soon as high as it is I would imagine not that it really matter.

On a side note - BUD - as in anhesiser busch - could be quite good. You know why. Cause berkshire hathaway - ring a bell - thats warren buffet - has started heavily investing in it. 2nd richest man in the world is a damn smart man.

http://finance.yahoo.com/q/bc?s=BUD&...=on&z=l&q=l&c= click on the 1 year chart and it gives u a clue why. Hammered down so much he must think its a steal. On second note - that dude is hella long term investor so dont try pullin day trades on it but might be good 10% of ur investment cash to just sit on it.

[Yeldud]

Volume was pretty high on GOOG - not a bad move, should see a correction on Monday. A 3% return for a few days is nothing to laugh at, just remember TAKE PROFITS when they are there.

I took a long pposition on AVN today (Avanir Pharmaceutical). Positive news on Clinical Trial Data I am looking at 5.00 - 6.00 range over 5-6 months.

[elipsesjeff]

Volume was pretty high on GOOG - not a bad move, should see a correction on Monday. A 3% return for a few days is nothing to laugh at, just remember TAKE PROFITS when they are there.

I took a long pposition on AVN today (Avanir Pharmaceutical). Positive news on Clinical Trial Data I am looking at 5.00 - 6.00 range over 5-6 months.

isnt that the truth. I should have sold off ebay when i was ahead, but no i got greedy and was reminded of how efficient the markets were.

[johnnyawe]

Yahoo? the internet? is that thing still around? explain to me how they will ever turn a profit, and i'll think about it. tech stocks suck when you buy them late. the PE is sky high at 54... fifty four years to make 36 bucks. dosn't sound like a winner unless they pull out some new ways to make revinue.

Yahoo is profitable.

[elipsesjeff]

Alright, so is there any hot tips this week?

[elipsesjeff]

Big market Movers today:

SIRI dropped 8% initially to start, I plan on buying more the price just seems too good.

COCO (corinthian colleges) dropped almost 15% today after some disappointing earnings. I've been tracking this stock for a while.

I bought back my Google shares and took a small loss on it, I had to free up the cash to do my other purchases. I also sold my ebay stock, I got too greedy when I was ahead and instead of selling them I got nailed.

I have NCDP on my buy list, as soon as it gets back down to .013 (it was at .0135 at the time of this writing) then I'll be buying some. After the past two day's of 15% gains I was planning on buying it, but after losing 12% today i couldnt see a better time.

[Repoman75]

Careful with SIRI... I could see it going to lower $4s...

Also, check out KNOH. George Foreman's newest product - household cleaners. Only EPA approved household cleaners on the market. Advertising campaign should kick off shortly. And we all know what happens when George Foreman pimps a product.. look at Meineke and his damn grill (sold 55 million).

Difficult to buy because the company only allows physical certs to be traded. But if you can get your hands on it, it's a steal.

One other I throw out.... nah, I'll save that one for now.

[Yeldud]

Jeff:

What is your outlook for the week?

If you look at my last thread, Avanir Pharmaceuticals was up 15% for one week. I still like it as a long term play (5-6 months with a $5.00 price target), but 15% in one week is hard to argue with, so I took some profits.

Nothing particular grabs my attention for this week.

Anyone?