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 6 years ago '08        #101
o7media 47 heat pts47
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 Rique said:
So why dont you buy some stocks that are at all time lows right now? Theres plenty of them even though the market is up. If the market crashes again after happening not too long ago who knows how long it will take to recover.
Because they're probably bad investments.

The stocks that are at all time lows while the markets are at all time highs aren't good long term investments.
 6 years ago '08        #102
o7media 47 heat pts47
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 Universal Mind said:


In 2008, you could've thrown a dart at a board and made a nice profit a couple of years later.
Yeah pretty much. Damn near every stock gained. Most doubled, tripled, or more.

I started trading in mid-late '09. Wish I had gotten in a year earlier.. I would have made a k!lling.
 6 years ago '06        #103
Rique 64 heat pts64 OP
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 o7media said:
Because they're probably bad investments.

The stocks that are at all time lows while the markets are at all time highs aren't good long term investments.
not true at all there are other factors that could be effecting the stock price and earning per share.
 6 years ago '08        #104
o7media 47 heat pts47
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 Rique said:
not true at all there are other factors that could be effecting the stock price and earning per share.
like what? bad earnings?

no matter what the reason is, there's a divergence for a reason, and it's a bad reason. meaning it's a weak company/stock.
 6 years ago '08        #105
o7media 47 heat pts47
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 Universal Mind said:
There's one stock I'm slapping myself over til this day. I remember AIG dropped to 42 cents during all of their controversy in 2008. I didn't know anything about the markets at that time, but had just started trying to learn it. Something told me to drop about $2,000 which would have gotten me somewhere around 4,700 shares. I entertained the idea for a while and it slipped my mind and forgot about it. Then the stock rose to $62 in 2009. We're talking about a $290,000 profit off of a $2000 investment.....
lol check this thread out ...
 6 years ago '06        #106
Rique 64 heat pts64 OP
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 Universal Mind said:
There's one stock I'm slapping myself over til this day. I remember AIG dropped to 42 cents during all of their controversy in 2008. I didn't know anything about the markets at that time, but had just started trying to learn it. Something told me to drop about $2,000 which would have gotten me somewhere around 4,700 shares. I entertained the idea for a while and it slipped my mind and forgot about it. Then the stock rose to $62 in 2009. We're talking about a $290,000 profit off of a $2000 investment.....
Damn. If you take a risk you can see good gains off companies now if you expect a higher demand in the future. Sometimes you have to get in on the ground
 6 years ago '04        #107
hockeythug 66 heat pts66
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 Universal Mind said:
Look how how wrong all the naysayers were.....


Did they get delisted from the exchange for a period or something? I looked up the chart and I'm not seeing where it went to 0.45? searching symbol AIG.


Last edited by hockeythug; 03-18-2012 at 10:02 PM..
 6 years ago '06        #108
Rique 64 heat pts64 OP
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 hockeythug said:


Did they get delisted from the exchange for a period or something? I looked up the chart and I'm not seeing where it went to 0.45? searching symbol AIG.
just look up historical closing prices itll be hard to tell on chart because aig has been over 1000 at one point
 6 years ago '06        #109
Rique 64 heat pts64 OP
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I hope you arent still shorting Apple
 6 years ago '08        #110
Snappy 2 heat pts
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 Universal Mind said:
There's one stock I'm slapping myself over til this day. I remember AIG dropped to 42 cents during all of their controversy in 2008. I didn't know anything about the markets at that time, but had just started trying to learn it. Something told me to drop about $2,000 which would have gotten me somewhere around 4,700 shares. I entertained the idea for a while and it slipped my mind and forgot about it. Then the stock rose to $62 in 2009. We're talking about a $290,000 profit off of a $2000 investment.....
No, in 2009 the stock did a 1:20 reverse stock split, meaning if you had 4700 shares before the split, you would have had 235 shares after the split valued at $20 x .42 or 8.40 per share so theres no real change in the value of your shares because the amount of shares has decreased and the price per share increased. If you held those shares until today, you would've seen a nice profit but not 290k!!


Last edited by Snappy; 03-19-2012 at 10:06 PM..
 6 years ago '06        #111
philly337 20 heat pts20
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What happen to that thread about turning 10,000 to 100,000...

I posted about neom because I was talking with somebody about it before. Think it was around .008 I liked but can't remember (might have been lower or around .01) anyway was just checking and yesterday hit .058 I believe...

If it was .008 would be +700%
 6 years ago '05        #112
KruptedWayz 22 heat pts22
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Do yall think Freddie Mac or Fannie Mae shares will ever go up?
 6 years ago '06        #113
Rique 64 heat pts64 OP
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 philly337 said:
What happen to that thread about turning 10,000 to 100,000...

I posted about neom because I was talking with somebody about it before. Think it was around .008 I liked but can't remember (might have been lower or around .01) anyway was just checking and yesterday hit .058 I believe...

If it was .008 would be +700%
that stock is already back down lol
 6 years ago '06        #114
philly337 20 heat pts20
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 Rique said:
that stock is already back down lol
It was down when I posted.....

*confused*
 6 years ago '06        #115
Rique 64 heat pts64 OP
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Those pump n dump stocks r too risky
 6 years ago '06        #116
Rique 64 heat pts64 OP
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The way the market is right now im just taking my gains and then buying a stock again right after it goes down. i decided to get back in apple after selling it. Im seeing great gains off a stock I bought YGE Im going to sell it soon then buy it right back if it hits 3.88 again
 6 years ago '06        #117
philly337 20 heat pts20
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 Rique said:
Those pump n dump stocks r too risky
Na...just have to develop a strategy for them
 6 years ago '04        #118
HarlemzBishopJ 3 heat pts
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ASYI .0022 from yesterday

I'm :dancingcool::dancingcool:
 6 years ago '06        #119
Rique 64 heat pts64 OP
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 HarlemzBishopJ said:
ASYI .0022 from yesterday

I'm :dancingcool::dancingcool:
how many shares you have?
 6 years ago '04        #120
quintosis03 4 heat pts
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ive been wanting to get into this for a long time. i have a few questions for you all:

Whats a few good books i can start of reading with?
I have penny stock in a previous company that is past its restricted date, how do I sell it?

whats a good place to start trading(e-trade, scottrade, etc)?
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