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Props Slaps
 7 years ago '05        #2621
KruptedWayz 22 heat pts22
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$3,711 | Props total: 1136 1136
Wondering about BAC stock? Should I buy?
 08-08-2011, 05:53 PM         #2622
illicitx 
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 KruptedWayz said:
Wondering about BAC stock? Should I buy?
If it drops down to 4 bucks a share, I'm buying some.

Wasn't it around 16 a few months ago?

 08-08-2011, 05:56 PM         #2623
illicitx 
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 o7media said:
Well actually Silver had a larger and faster run than Gold percentage wise. Technically Gold is more attractive even though it's at 1,700+ now. Could easily go to 2,000.

If you were to invest in a commodity I'd go for Oil. The run in Gold/Silver is a 'safe haven' to the sh*tty economy. But if..and it's a big IF, the economy does get better than the dollar will go up and gold/silver will go down.

But Oil is mainly based off supply & demand and less on speculation. Oil hasn't been this low since last year, and nothing has really changed with oil.
I was thinking the same thing about Oil.

But sh*t, I like how the price of oil is down, 91 octane here in Cali dropped down to $3.99

I was paying like $4.75 a few months ago
 7 years ago '08        #2624
o7media 50 heat pts50 OP
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$32,210 | Props total: 11688 11688
 KruptedWayz said:
Wondering about BAC stock? Should I buy?
 illicitx said:
If it drops down to 4 bucks a share, I'm buying some.

Wasn't it around 16 a few months ago?

Yeah I'd wait on BAC too. It's at some support here, but it won't matter if the markets keep selling off. If it breaks this support it'll probably head back for the $3 range.

Only good thing I'm seeing about buying banks right now is that the S&P said the AAA rating remains for the banks. So financials may see a little push soon.
 7 years ago '08        #2625
o7media 50 heat pts50 OP
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$32,210 | Props total: 11688 11688
 illicitx said:
I was thinking the same thing about Oil.

But sh*t, I like how the price of oil is down, 91 octane here in Cali dropped down to $3.99

I was paying like $4.75 a few months ago
same here...i'm like if I buy an oil ETF i want gas to go back up but i'm gonna regret it when i go to fill up
 08-08-2011, 06:45 PM         #2626
illicitx 
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 o7media said:
same here...i'm like if I buy an oil ETF i want gas to go back up but i'm gonna regret it when i go to fill up


I feel you.

I don't live anywhere near a dependable public transit system to rely on even if gas skyrocketed to the point of no return, just shows how sh*tty are infrastructure across the United States truly is. fu*k taking the bus, just going to school on the public bus takes 4 hours total trip time when that sh*t takes 10 minutes on the freeway :nasmad:
 08-08-2011, 06:57 PM         #2627
illicitx 
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Is it possible to invest in any companies that specifically deal with student loans?

Since you can't bypass student loans in bankruptcy, I figure it's almost a guaranteed investment that people will at least pay some of it back, right?
 7 years ago '06        #2628
richardgil 1 heat pts
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Any thoughts on MetroPCS
It just took a huge drop and wondering if anyone thinks it will rebound nicely.
 7 years ago '08        #2629
o7media 50 heat pts50 OP
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 illicitx said:


I feel you.

I don't live anywhere near a dependable public transit system to rely on even if gas skyrocketed to the point of no return, just shows how sh*tty are infrastructure across the United States truly is. fu*k taking the bus, just going to school on the public bus takes 4 hours total trip time when that sh*t takes 10 minutes on the freeway :nasmad:
It's the same way here, the houston metro sucks. Everyone drives their gas guzzling suv's and hummers down here lol

 illicitx said:
Is it possible to invest in any companies that specifically deal with student loans?

Since you can't bypass student loans in bankruptcy, I figure it's almost a guaranteed investment that people will at least pay some of it back, right?
Not sure about that....

 richardgil said:
Any thoughts on MetroPCS
It just took a huge drop and wondering if anyone thinks it will rebound nicely.
The drop on PCS was due to earnings originally. I'd stay away for now.
 7 years ago '06        #2630
richardgil 1 heat pts
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Hmmm. I just signed up to scottrade, pondering my first move.
 08-08-2011, 11:57 PM         #2631
illicitx 
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Any books you guys recommend for beginners trying to learn about the stock market?
 7 years ago '08        #2632
o7media 50 heat pts50 OP
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 richardgil said:
Hmmm. I just signed up to scottrade, pondering my first move.
Read up

 illicitx said:
Any books you guys recommend for beginners trying to learn about the stock market?
"Short-Term Trading In The New Stock Market" by Toni Turner

I also have like a dozen e-books on the market on my computer. I can upload them if you want.
 7 years ago '08        #2633
o7media 50 heat pts50 OP
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$32,210 | Props total: 11688 11688
In PEP August 60x puts at .74
 7 years ago '08        #2634
o7media 50 heat pts50 OP
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$32,210 | Props total: 11688 11688
 o7media said:
Alert for ADRN at .002 x .0023 ..just moved up above pps.
 o7media said:
.0035 +52.2%
ADRN still climbing. .0058 now +152.2% since the alert :dancingcool:
 7 years ago '08        #2635
o7media 50 heat pts50 OP
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$32,210 | Props total: 11688 11688
Sold my PEP puts. In at .74 out at .85 +14.9% ...markets are everywhere after the fed meeting
 7 years ago '08        #2636
o7media 50 heat pts50 OP
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$32,210 | Props total: 11688 11688
in QQQ 50x weekly puts at 1.00 ...looking for a quick flip
 7 years ago '08        #2637
o7media 50 heat pts50 OP
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$32,210 | Props total: 11688 11688
 o7media said:
in QQQ 50x weekly puts at 1.00 ...looking for a quick flip
Cut losses at .64 ..markets rallied
 7 years ago '04        #2638
murdahudawg 2 heat pts
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$2,215 | Props total: 1075 1075
 o7media said:
Read up



"Short-Term Trading In The New Stock Market" by Toni Turner

I also have like a dozen e-books on the market on my computer. I can upload them if you want.
Man I'd appreciate that.
 08-09-2011, 02:59 PM         #2639
illicitx 
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 o7media said:
Read up



"Short-Term Trading In The New Stock Market" by Toni Turner

I also have like a dozen e-books on the market on my computer. I can upload them if you want.
Definitely, whatever you can upload and recommend would be much appreciated!

:agreement6:
 7 years ago '06        #2640
Icee 34 heat pts34
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$12,318 | Props total: 6968 6968
What stocks should I invest in right now since the market is crashing?
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