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Posted by on Jan-31-2013 02:02:

Re: Re: Re: Re: Buy low Sell high

quote:
Originally posted by Nrg2Nfinit
you can't i think regulation stats that the stock has to be above 2 bucks to short

plus i doubt anybody in your brokeridge is holding that stock

they need to have holders in order for you to borrow sell, and buy back

It was a bad MELYmel joke.


Posted by billymadision on Jan-31-2013 02:42:

The only worthwhile pennystock strategy is to forego a night out and use that money to feed your fast money addiction via a pennystock. Forget that money ever existed.


Posted by Blake on Jan-31-2013 02:45:

Wow. We've really gotten a lot older over the years, huh?


Posted by Nrg2Nfinit on Jan-31-2013 04:55:

quote:
Originally posted by Vivid Boy
how high are you forecasting it to go?


i havent looked at the financials lately, but the last time i did its good to go to 2 or 3 bucks.

just wait for a gold rally and it will run high.


Posted by Nrg2Nfinit on Jan-31-2013 04:56:

Re: Re: Re: Re: Re: Buy low Sell high

quote:
Originally posted by Jon_Snow
It was a bad MELYmel joke.


yeah i forgot /igk humor


Posted by Dykes_on_Jay on Jan-31-2013 05:18:

i agree with this thread. it's why i am going to get into human trafficking.


Posted by Nrg2Nfinit on Feb-01-2013 04:25:

did you get out of mely?

that shits lost 35% since you mentioned it.


Posted by Vivid Boy on Feb-01-2013 05:58:

haha ya I wasnt in it. I watched that ****** go from +40% drop down to what it is today. thank god i didnt buy. I'm in this stock which according to an old boss of mine (who i trust a lot with stocks) says it should be jumoping up quit a bit this year. GCU

I have been watching Cee as well. its been doing pretty well.


Posted by Nrg2Nfinit on Feb-01-2013 06:27:

CEE is doing well despite gold doing shit.. its risky because of all the protests and shit giong on in egypt.. any mining strike is a good buy opportunity.


Posted by Dykes_on_Jay on Feb-01-2013 07:29:

I've got some friends here that use an interesting approach. They each put in 40k. What they do is buy blue chip stocks, set a limit to sell at a certain price if it goes up, or dump if it loses a certain amount. They bough a subscription to watch this guy talk about stocks all day, and essentially stay up most of the night doing this. They aren't getting rich, but they are making money every week. There is an occasional loss, but nothing really major.

Silver is huge right now here. I've bought a bit. Order it online, pick it up at the warehouse, chuck it in a safety deposit box in Hong Kong when i make a trek there. It makes it harder to sell this way, but you save a ton on the "storage" fee that the seller charges if you so choose to keep the silver with them. Its a good way to save money that you can't touch in this country. It eliminates my urge to buy everything that I see.


Posted by Vivid Boy on Feb-01-2013 15:49:

or you could use that money to buy more beats by dre knock offs and I will get some little italian kid to sell them to little black kids at his highschool


Posted by Lagrangian on Feb-01-2013 16:13:

Forza!


Posted by Lagrangian on Feb-01-2013 16:51:

Our company buys from these people:

http://www.matthey.com/

Be careful, the precious metals markets are found to be incredibly speculative by many investors. Silver could have a massive drop in the future. You can spot trade or use binary options to hedge against your losses. In china you are actually free from leverage restrictions imposed by regulators in the U.S (Dodd-Frank).


Posted by Dykes_on_Jay on Feb-01-2013 17:02:

I trust silver more than the Chinese banks. I'm not investing 6 figures. I pick up a bit with loose cash once in awhile. It may go down, but I'm not selling.

I've been thinking of investing in BYD. They churn out those cars for nothing. Buffet agrees.


Posted by Dykes_on_Jay on Feb-01-2013 17:11:

quote:
Originally posted by Vivid Boy
or you could use that money to buy more beats by dre knock offs and I will get some little italian kid to sell them to little black kids at his highschool


Fine. Let's do it. Get Spyder.


Posted by Nrg2Nfinit on Feb-01-2013 17:50:

i've had major gains and major losses with silver. It is too volatile for me. I say if you can pick it up in the mid 20s its a safe hold

if the precious metals market drops prepare for silver to go back down to sub 15 though.. tier your plays.

I rather buy gold as silver is occasionally moved by gold pricing and not so much a currency hedge.

so you dont really have much to guage on. You know that everytime ben benanke opens his mouth to talk about stimulus, gold is going to rise. The same cannot be said about silver

I prefer gold cos rather than gold itself. These companys know how to hedge themselves against a drop in gold. you see gold drop from 1600 to 600 , i can assure you that the companies themselves (So long as you buy etfs and not single cos alone) will have a much more cushioned drop.

I would also say that right now gold cos are undervalued severely relative to the price of gold.


Posted by Dykes_on_Jay on Feb-01-2013 18:01:

do you know how many loads i have to swallow to buy gold? it's why i buy silver. don't forget about vampires.


Posted by Nrg2Nfinit on Feb-01-2013 18:34:

quote:
Originally posted by Dykes_on_Jay
do you know how many loads i have to swallow to buy gold? it's why i buy silver. don't forget about vampires.


as i said, i dont buy physical gold, but the gold cos. you can also buy etf vehicles which mimic the price of gold.

you pay your 1.5 % annual management fee on those which comes out of the tracking value of the stock and you dont need to worry about storage, unit costs being to high etc.

there are many gold etf vehicles out there. Gold pricing is volatile though and again thats why i prefer to buy the gold companies.


Posted by Lagrangian on Feb-01-2013 18:34:

Don't take this personal, but I know a guy who used to walk around saying: 'Silver is poor man's gold'; he had a point. Karim is right, Gold could jump around the $1900's by mid-year, specially during March for the Debt-Ceiling charade.

I sold my physical Silver holdings to relatives of mine, I was able to erase some of my losses. You should learn about Fibonacci retracements, it gives you a sound idea of pivot levels -- support and resistance, for any investment vehicle that is quantifiable -- the world behaves in proportions (golden ratios).


Posted by Nrg2Nfinit on Feb-01-2013 18:37:

If you want to talk silver investments is suggest you talk to Lews

he has done fairly well with silver in the past.


Posted by Nrg2Nfinit on Feb-01-2013 18:44:

quote:
Originally posted by Lagrangian
Don't take this personal, but I know a guy who used to walk around saying: 'Silver is poor man's gold'; he had a point. Karim is right, Gold could jump around the $1900's by mid-year, specially during March for the Debt-Ceiling charade.

I sold my physical Silver holdings to relatives of mine, I was able to erase some of my losses. You should learn about Fibonacci retracements, it gives you a sound idea of pivot levels -- support and resistance, for any investment vehicle that is quantifiable -- the world behaves in proportions (golden ratios).


technicals are only as good as the algorithms that the big fish build them on.

If you have a majority out there that are contrarians your technicals could lead you to the exact opposite direction in what you expect to happen.

I'm a firm believer in fundamentals.. i try to get as much info as i can to assess the situation, then develop a mitigation strategy.. whethere that be options or tiers or exposure reduction. And stick to it. I take techinicals into consideration, but i won't build a play on them. IF my fundamental long term solution jives with techinical suppor on my tier; Bonus for me to follow through. Fundamentals are shit and i have a great RSI oversold or support scenario. Forget it.


Posted by Lagrangian on Feb-07-2013 14:15:

GOD SAVE THE QUEEN



Carney's Hot.


Posted by Nrg2Nfinit on Feb-08-2013 05:42:

honestly, you gotta get some leverage on that shit. can't you make some option plays on these moves? you are talking about less than 1% here.

Try the thursday 10:30am natural gas report. that's where the game is at


find a nice leveraged vehicle, i am usually short,

and boom
you're solid

http://www.google.co.uk/finance?q=T...UUbDaMMqLrQHSUA


Posted by Lagrangian on Feb-08-2013 16:16:

quote:
Originally posted by Nrg2Nfinit
honestly, you gotta get some leverage on that shit. can't you make some option plays on these moves? you are talking about less than 1% here.

Try the thursday 10:30am natural gas report. that's where the game is at


find a nice leveraged vehicle, i am usually short,

and boom
you're solid

http://www.google.co.uk/finance?q=T...UUbDaMMqLrQHSUA


baby i did 20% (I avg 7-10% a week) returns this week alone trading gbp/jpy on my personal account...

i'm fucking lucifer.

edit: 17% this week!! still king of the jews...


Posted by Lagrangian on Feb-08-2013 16:33:

quote:
Originally posted by Nrg2Nfinit
honestly, you gotta get some leverage on that shit. can't you make some option plays on these moves? you are talking about less than 1% here.

Try the thursday 10:30am natural gas report. that's where the game is at


find a nice leveraged vehicle, i am usually short,

and boom
you're solid

http://www.google.co.uk/finance?q=T...UUbDaMMqLrQHSUA


DOUBLE TOP!!!!


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