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TranceAddict Investors Club @ Marketocracy (pg. 131)
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| Krypton |
Bankruptcy watch...GM, C, and OSIR
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| Joss Weatherby |
| quote: | Originally posted by Krypton
Bankruptcy watch...GM, C, and OSIR |
Why OSIR? |
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| Krypton |
| quote: | Originally posted by Joss Weatherby
Why OSIR? |
In the below link, you shall find OSIR relatively close to its 52 week high. It's outperforming. Scroll down a little bit, and you'll see lots of red numbers. OSIR has nothing to back up its recently stellar performance. It's pure speculation. I'm betting on OSIR losing big time. Is a bankruptcy imminent. Maybe not, but it's on my bankruptcy watch list anyways because it sucks so much. Look at the balance sheet. Assets and liabilities. They owe more in 1 year than they have to pay. The numbers tell the story m8, they really do.
http://moneycentral.msn.com/investo...Q=1&Type=Equity |
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| Joss Weatherby |
| quote: | Originally posted by Krypton
In the below link, you shall find OSIR relatively close to its 52 week high. It's outperforming. Scroll down a little bit, and you'll see lots of red numbers. OSIR has nothing to back up its recently stellar performance. It's pure speculation. I'm betting on OSIR losing big time. Is a bankruptcy imminent. Maybe not, but it's on my bankruptcy watch list anyways because it sucks so much. Look at the balance sheet. Assets and liabilities. They owe more in 1 year than they have to pay. The numbers tell the story m8, they really do.
http://moneycentral.msn.com/investo...Q=1&Type=Equity |
Oh wow, I was looking on Google and they dont color the negatives red for their financial summeries. I didn't even consider they lost 67 69 million.... :p
Hrmm maybe this is a time to try and short a stock... Really though I am a bit nervous to try that though. :nervous: |
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| Krypton |
| quote: | Originally posted by Joss Weatherby
Oh wow, I was looking on Google and they dont color the negatives red for their financial summeries. I didn't even consider they lost 67 69 million.... :p
Hrmm maybe this is a time to try and short a stock... Really though I am a bit nervous to try that though. :nervous: |
Make sure the money you short with is not needed at all for anything. But it does appear to me to be a good short. |
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| Joss Weatherby |
| quote: | Originally posted by Krypton
Make sure the money you short with is not needed at all for anything. But it does appear to me to be a good short. |
I'd probably only want to initially put in a few hundred dollars worth, how little is too little to make any sort of decent cover? Could I get away with only putting in like 300 or 400?
The thing is, it it starts to go up can I bail and make my cover whenever I want? Thats the thing I dont know about shorting is if you have an escape method. |
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| Krypton |
| quote: | Originally posted by Joss Weatherby
I'd probably only want to initially put in a few hundred dollars worth, how little is too little to make any sort of decent cover? Could I get away with only putting in like 300 or 400?
The thing is, it it starts to go up can I bail and make my cover whenever I want? Thats the thing I dont know about shorting is if you have an escape method. |
You can short as little as you want, and since you'r new, the less the better the first time. You can cover your shorts during the market hours. Just as if you were buying and selling stocks. Escape strategy? You can probably use a stop loss. If the stock reaches a certain price, the broker automatically sells the stock. This is the opposite of a limit order. If a stock reach a certain price, the broker automatically buys. |
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| Joss Weatherby |
| quote: | Originally posted by Krypton
You can short as little as you want, and since you'r new, the less the better the first time. You can cover your shorts during the market hours. Just as if you were buying and selling stocks. Escape strategy? You can probably use a stop loss. If the stock reaches a certain price, the broker automatically sells the stock. This is the opposite of a limit order. If a stock reach a certain price, the broker automatically buys. |
Sounds good. |
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| winston |
| hey google did well over the weekend, it will be up tomorrow/today... |
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| Joss Weatherby |
Just tossing an idea out here, but how valuable would a comprehensive overview of employee information of a certain company be worth?
Say things like general morale, what they are talking about in regards to work, stuff like that? |
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| Krypton |
| quote: | Originally posted by Joss Weatherby
Just tossing an idea out here, but how valuable would a comprehensive overview of employee information of a certain company be worth?
Say things like general morale, what they are talking about in regards to work, stuff like that? |
Ask someone who deals with human resources. |
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| Shakka |
| quote: | Originally posted by Joss Weatherby
I'd probably only want to initially put in a few hundred dollars worth, how little is too little to make any sort of decent cover? Could I get away with only putting in like 300 or 400?
The thing is, it it starts to go up can I bail and make my cover whenever I want? Thats the thing I dont know about shorting is if you have an escape method. |
Individual investors should not sell short. It is a great way to ruin yourself fast if you're not extremely careful and don't know what you're doing. If you want to bet against a stock rising, you should just buy puts--there is plenty of leverage built into them so you can get huge returns if you're right; and the worst you can lose is your initial investment. |
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