Trade Thread March-May

[capperjohn1]

Do either of you have an opinion on any of the Motley Fool newsletters? Are they just like sports services or do they have a bit of credibility? Do either of you subscribe?

[wallstreet]

Savage,

Big congrats on 5k, until you said that I didnt even know how many I had!

You are kind to say it was fitting spoken in here.

This market keeps looking bad..and to get any kind of real retracement, the DOW is in need of some strong moves downwards...so a correction might be heavy into the late spring and summer..maybe we get some short lists together..

[wallstreet]

capperjohn,

I will be honest to you.. I have a great friend who signed up for Motley Fool and he allowed me to use his login to scout the site and tell him what I thought about it..during the trial period where he could stop before he was charged.

I went through the site, checked out the message boards, the newsletters etc..and I dont feel it is worth the cost to me, but I have experience with that kind of stuff. It is decent for an investor who could use the info better..so if you want to try the trial and you can always cancel.

[savage1]

WS-Check this out:
Remember the guy I told you about(supposedly a good source- who gave me bhmnf? Anyways, I made a few bucks on that and am now out.
Well about a month ago or so he was touting tgen at 1.39, telling me he has 300000 shares and it was just a matter of time before it took of.
I didn't buy any(I had it a long time ago).
Just check the price and prive movement today;I am sure glad I didn't bite.

[wallstreet]

Savage,

Glad you missed that sinking ship..lol

How are other things going? I did such a stupid idiotic thing..I placed an order for a buy on a stock and did the wrong price..holy crap.

I wanted to buy 1000 BOOM at 32.15, instead I put in 39.15 and of course the MM's salivated all over my order, filling me then dropping the stock 20 cents..what a moron I am!

I have a stop in at 32, looking for a buck on the trade. The stock is nearing a all time high, I think it can go higher if it passes that level.

Still..what a dumb trade.


edit) scrap that, I sold at 33 instead..made over 500 bucks even being a retard..and it took no time at all.

This stock is one to buy, watch it on a level 2 quote..buying it like crazy.

[wallstreet]

Of course I am right, but at 35 bucks a share, up 7 I would steer clear. Live and learn and dont let go of a winner..

crap!

[savage1]

WS-Well at least you made a profit.What did you actually pay-$32.50

[wallstreet]

Savage,

Average buy was about 32.40 or so..maybe a little less. High was 41 and low was like 36, since it was a market order, I got like 10 mini fills..lol (was a market order since my order was way higher than the current price)

WLSF is turning into a turd..no volume and just sitting there..if she stays over 70 cents I will hang around though.

[savage1]

WS-Re:WLSF-lets hope it is the lull before the storm in reverse if you get my drift.

[wallstreet]

Savage,

This market is in trouble..the fed has it in for the housing market and rising commodity prices. Expect rate hikes for the next 4 meetings..

The market didnt drop due to the rate hike, but how Greenspans comments were being so hawkish to inflation.

WLSF looks like it is swirling the toilet. I think if it breaks 70, 50 cents will not take long to come.

How are your investments going?

[amhlilhaus]

I agree with you, this market sucks right now. there's definitely signs of a intermediate correction, and with it down like it is I'm sitting on the sidelines. I use 8% loss cutting rules and had to bail on my last two trades, so I'm sitting tight for the time being.

and boom has definitely been on fire. in november it was DEAD. I want to catch a stock like this once and make a huge pile.

[wallstreet]

amhilihaus,

Very well said. I used a 50 cent stop on BOOM yesterday..bot and had to run..I got stopped out, and the stock dropped another 2 pts from where I got stopped.

Of course its up 2 today..I think BOOM could see 50 easy..it could also see 20 easy..

lol

[savage1]

WS-Check out wlsf(I am sure you have already) and the news;I told you.
Now that is what I like seeing the value of my shares go up $8400 in a few hours.
I might sell a few of those, as some are trading shares.
Are you going to keep yours? i say the odds are -500 you will sell today. lol

[wallstreet]

no selling...

Pay me the 450 odds...lol

[savage1]

I just checked-it may not close at .95, but at present level I will take $9600 added to my account any time (40000x.24 gain);it makes up a LOT for some of my other shitty stocks of late.
WS the the odds I gave you were off, and the game has been taken off the board-no action. lol