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Madison Motorsports
Stock Market Thread - Printable Version

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+--- Thread: Stock Market Thread (/showthread.php?tid=7719)

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- BLINGMW - 01-15-2009

Dave Wrote:TI think it'll be in the 60s before the end of the day.

pssh, no, they're upgrading to buy now! :lol:

[Image: image7.png]

- Mike - 01-15-2009

doubled up on YGE this AM. (originally got in at 5.50, have been with it at 7.20, rebought today at 5.50). i really think this is going to be a good long play. they keep announcing deals, solar has a bright [haha] future (and is grossly beaten down right now), and the chinese will always be able to produce parts cheaper than we can... soar baby, soar!

sold out of ueps and fnxmf.pk yesterday. bought some atvi late last week just because i like them as a business.

- Mike - 01-16-2009

my dumbass said to myself early this morning "hrm, that's weird, best buy stock hasn't moved on this cc news? i should buy." i didn't, and it goes up 10% this pm.

- Apoc - 01-21-2009

stevegula Wrote:
Mike Wrote:Give me a $500 pile that gets the netbook job done, has your usual fit and finish, and can fit in my backpack... They'd make a killing.
Actually, no they wouldn't. Those products have no profit margins.

I wonder if they stole this article from Mikey.

<!-- m --><a class="postlink" href="http://www.forbes.com/2009/01/19/apple-earns-preview-tech-enter-cx_bc_0120apple.html">http://www.forbes.com/2009/01/19/apple- ... apple.html</a><!-- m -->

- flintster55 - 01-23-2009

I ended up buying a stem cell stock a week or two ago. It's going up like crazy on speculation that Obama will be putting in new legislation on stem cells and possibly giving funding to companies.

ACTC if anyone is interested. I'm up 65% as of today

- Dave - 01-23-2009

prob getting a lot of activity b/c of this too:
<!-- m --><a class="postlink" href="http://www.cnn.com/2009/HEALTH/01/23/stem.cell/index.html?section=cnn_latest">http://www.cnn.com/2009/HEALTH/01/23/st ... cnn_latest</a><!-- m -->

- Mike - 01-23-2009

damn, that stupid indian stock i was all up on (SAY) is up 50% today.

- flintster55 - 01-26-2009

Wooo good day for me so far

63% gain on ACTC
293% gain on MCET

I love me some penny stocks 8)

- Mike - 01-26-2009

flintster55 Wrote:I love me some penny stocks 8)

i love being able to learn a thing or two about the companies i invest in.

- flintster55 - 01-26-2009

What's that supposed to mean?

- Mike - 01-26-2009

a typical penny stock has nothing more than market info on it. no news, no analyst opinions, no financials, etc.

- flintster55 - 01-26-2009

Well there's been plenty of news about ACTC, see a few posts up.

But MCET is pretty much a straight penny stock and I understand that. They still have financials and news, just no analyst opinions like you said.

I wouldn't be buying either of them without being able to learn a thing or two about them though.

- Mike - 02-06-2009

bought some bank of america yesterday. up 17% today Smile

reasoning: they may be having troubles, but they're not going anywhere. if anything, BAILOUT. easy money IMO.

- Dave - 02-06-2009

While you have a good point, keep in mind that if it gets nationalized (and don't fool yourself into thinking thats impossible) your shares go to 0. It also fluctuates pretty violently, so to me it sounds like playing with fire (sometimes that's a good thing, every good portfolio needs a little volatility)

- Mike - 02-06-2009

Dave Wrote:While you have a good point, keep in mind that if it gets nationalized (and don't fool yourself into thinking thats impossible) your shares go to 0. It also fluctuates pretty violently, so to me it sounds like playing with fire (sometimes that's a good thing, every good portfolio needs a little volatility)

it's not a long play. with 20% return already, i'm likely out this afternoon.

- BLINGMW - 02-06-2009

Mike Wrote:it's not a long play. with 20% return already, i'm likely out this afternoon.
Good work man :beer:

I don't have the stomach for financials right now Confusedhock:

- Steve85 - 02-06-2009

Mike Wrote:
Dave Wrote:While you have a good point, keep in mind that if it gets nationalized (and don't fool yourself into thinking thats impossible) your shares go to 0. It also fluctuates pretty violently, so to me it sounds like playing with fire (sometimes that's a good thing, every good portfolio needs a little volatility)

it's not a long play. with 20% return already, i'm likely out this afternoon.

30% today. You should be a day trader. :wink:

- Andy - 02-06-2009

Have any of you guys read this story by Michael Lewis? It's about a 15 year old who manipulated the markets and came away with a little less than a million bucks.

http://www.cs.brown.edu/~rbb/risd/Lebed.html

- Mike - 02-06-2009

ya, certainly not a bad day, but there have been plenty of bad ones leading up to it. overall, i'm up about 10% since i began to play just before the big crash in september (my only loss has been apple, which i'm in heavily).

- BLINGMW - 02-10-2009

[Image: Wet_roller_coaster.jpg]