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Buy low Sell high (pg. 3)
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| Vivid Boy |
| quote: | Originally posted by Nrg2Nfinit
screw apple..
its going to go back down to the 200s
I knew at the 700s it wasnt sustainable, in price and growth.
With the US economy in a sort of stalemate position on teh premptive of downturn. I would hold my money until a nice opportunity arises.
I currently only hold gold cos right now as i see them as undervalued relative to the price of gold.
that and natural gas shorts.
Eric if you play penny, keep your eye out on CEE
its up 5% since last i mentioned it (yesterday) |
how high are you forecasting it to go? |
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| Jon_Snow |
| 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. |
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| billymadision |
| 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. |
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| Blake |
| Wow. We've really gotten a lot older over the years, huh? |
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| Nrg2Nfinit |
| 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. |
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| Nrg2Nfinit |
| quote: | Originally posted by Jon_Snow
It was a bad MELYmel joke. |
yeah i forgot /igk humor :p |
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| Dykes_on_Jay |
| i agree with this thread. it's why i am going to get into human trafficking. |
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| Nrg2Nfinit |
did you get out of mely?
that s lost 35% since you mentioned it. |
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| Vivid Boy |
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. |
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| Nrg2Nfinit |
| CEE is doing well despite gold doing .. its risky because of all the protests and giong on in egypt.. any mining strike is a good buy opportunity. |
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| Dykes_on_Jay |
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. |
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| 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 |
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