Stock market - look up above

[Ultraman]

Q1's earnings has been mostly positive from corporate America.

All eyes are still on the development of Europe and economic slowdown in China, which will be the main factors impacting the direction of the market.

 

[Ultraman]

Good ISM data helped to boost the market today.

DJIA is close to 52 week high.

Cheers.

 

[Venom2049]

Hello primers, im very interested in doing stock investment but i do know which company to use for trading ( TD, Extrader or other ) any book or site that you guys recommend to get some more information about how to start trading. how you guys feel about Facebook going on the market?
Thanks for yout Help.:biggrin:

 

[Ultraman]

Hello primers, im very interested in doing stock investment but i do know which company to use for trading ( TD, Extrader or other ) any book or site that you guys recommend to get some more information about how to start trading. how you guys feel about Facebook going on the market?
Thanks for yout Help.:biggrin:

TD Amritrade is running promotions right now. If you open an account or transfer an account to them they'll give you 2 months of free trading and some cash of up to $600. Not a bad deal.

If you're completely new to the stock market I would recommend you start with Dummies series. Once you understand your goal or objective I can recommend other books. I'm in the "swing trading" camp so I read books about that as well as books on technical analysis.

 

[Venom2049]

Thanks for your help

 

[Ultraman]

Tomorrow's job report will determine the direction of the market for the short-medium term.

 

[Venom2049]

How do you feel about Facebook going public? Is it true that from may to September is bad time for trading?

 

[nsxot1c]

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[Ultraman]

Any aggressive traders want to make money... buy VHC. I'm involved heavily and this stock really, really moves.

Stock price up huge today. What's the story behind this one?

 

[docjohn]

Stock price up huge today. What's the story behind this one?

dos'nt really matter.....once we learn about it on prime its too late........or is it

 

[nsxot1c]

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[docjohn]

I've traded this stock for all of my clients very actively from 6-40. Current price target is 50-100. It's a very active stock and not for the weak hearted. If you own it or buy it, watch it very closely.

Company owns all 3G and 4g Internet security patents. They already beat Microsoft for 200million and are now in a case vs apple. Read the seeking alpha article it sums up the companies position. Great news today and a very nice move as well.

Thanks for the tip,its all about conviction/comfort level.As you say ,just like my svvc ,not for the squeamish.Sadly the fund managers of svvc decided to have a second stock offering more than doubling oustanding shares effectively sucking the life out of it

 

[nsxot1c]

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[docjohn]

take a look at cdii...as a penny stock there is some nice fluctuation in price.

 

[kookoo4nsx]

Doc, I meant to thank you for SVVC. I sold my last part at 39! Really!

I just got back in during the last few days now that it's back to NAV. The sad part of this story is that I tried and tried to short stock on the day I sold my last bit but it was not available. I think if FB is hyped enough, SVVC could be up 10% from here. Did you see they bought some twitter? Before you invest, do thorough research, consult your financial professional before making a trade.

I tried to bottom fish GMCR today around 27 but got stopped out at 2%.

Thanks for the tip,its all about conviction/comfort level.As you say ,just like my svvc ,not for the squeamish.Sadly the fund managers of svvc decided to have a second stock offering more than doubling oustanding shares effectively sucking the life out of it

 

[docjohn]

Doc, I meant to thank you for SVVC. I sold my last part at 39! Really!

I just got back in during the last few days now that it's back to NAV. The sad part of this story is that I tried and tried to short stock on the day I sold my last bit but it was not available. I think if FB is hyped enough, SVVC could be up 10% from here. Did you see they bought some twitter? Before you invest, do thorough research, consult your financial professional before making a trade.

your welcome! These volitile spec plays need a strong pimp hand!

 

[nsxot1c]

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[docjohn]

hahahahaha so true. FB will be an exciting day!!! We've been involved privately long before the ipo.

agree ,even though i can't get the ipo price I will still be there the minute it hits the market with all the other chimiels (sp?) I just see it leaping outa the gate and not looking back , the big fund players will hold it and the price will be driven by worldwide demand from smucks like me.:redface:

 

[nsxot1c]

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[Ultraman]

If any of you spec play guys believe in the future of natrual gas check out CHK. This one has drop like a rock, maybe a quick pop is in short order.

 

[Ultraman]

The dismal job numbers send all indices down the drain today ...

Looks like we really need a new president to lead us out of this economic downturn.

 

[Ultraman]

Did anyone see how the market rally back from the lows today? I'm not saying we're in a bull market right now but the come back was impressive.

Very volatile.

 

[robr]

Anybody going to jump on the Facebook IPO this week? Very risky from everything I've read. People are going to go emotional on this one rather than logical.

 

[jond]

Anybody going to jump on the Facebook IPO this week? Very risky from everything I've read. People are going to go emotional on this one rather than logical.

I personally don't buy into the facebook hype. Facebook is turning into a great tool for employers not to hire someone, for lawyers to make their case against you, etc. And facebook never deletes anything you post. People will eventually catch on. I think this 'sharing everything you do' thing is a fad.

 

[sahtt]

Anybody going to jump on the Facebook IPO this week? Very risky from everything I've read. People are going to go emotional on this one rather than logical.

Here are some very simple stats to consider-

Amazon - IPO'd at .5 billion
Now worth 100 billion (2,000% return)
Google - IPO'd at 30 billion
Now worth 200 billion (666% return)
Facebook - IPO'd at 90-100 billion
If it makes it to GOOG's market cap it's only a 100% return. If it becomes the most valuable company on earth, it's only a 500% return. Not my kind of IPO, I'll pass. Would have been great to get in when the firm was valued at <10bn though.