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here...
Well that's outstanding there Doc. I personally feel embellished now.
OK... back to the fun! I think I missed the entry point on MWY
I'm looking for our sub NNRI to move towards the surface again today. There were no shorts on it yesterday. It sat at 1.68 for a couple of hours. I think it might move to around 1.75 today. I'll monitor it and if it drops to 1.50 I'll get us out.
I am confused on GBRC. I thought with the awards, being green friendly, and Penn State jumping in to help rid it of bugs, that the stock might go up some and stay.
Well I didn't make any trades yesterday. The MWY stock looked good, but did the same thing that HSOA did. I felt uneasy buying in after the 2 days of semi big gains. I thought there would be some profit taking and didn't feel we should pull out of the SUB. Being rather new to trading, I asume it was a short squeeze. If anybody cares to enlighten us (me) on wth happened, please do. There wasn't any news to cause the tumble. So we remain in the yellow submarine.
On the other hand we did make up alot of ground on the GBRC stock. Like I said earlier, I just don't understand why this stock doesn't move up. The technology is much needed and will be used to milk oil out of shale and oil sand, plus old tires!
SIRI is like a yo-yo. Depends on the media. We will win if the merger happens, lose if it dosn't. Truley a set it and forget it play.
Here is a call for the coffee stock for those interested. Seems like a rather long play on this one. But, It has alot of potential
Fugg it! My bad! I should have gotten out last week. WE are SUBLESS now. 1.35.
We have approx. $160.00 ($157.97)cash. I'm going to let y'all come up with the stock to buy. Remember $150 is max purchasing power. Go for it. I'll check in for results.
LOL... I understand that Bruce! But my real problem is the guilt you carry when it's not your (my) money! When I lose my own, not a big deal. When I lose other peoples, BIG DEAL! I feel bad on this one cuz It was my idea. I didn't feel to bad after a couple of you guys said to keep her. But now we sorta agreed to get out, and I read the good news and thought it might recoupe but still fell. Hell... I'm still having a blast, I just thought someone else might want to have some! :laugh:
I mean come on, we aren't really doin' to bad considering. :blush: You watch now though, NNRI will go up the rest of the week. NEW 52 WEEK HIGH! LMAO!!
As President & CFEO. I'm giving the rest of the ranking board members an agenda of coming up with a stock to buy into, that will use up no less than 80% of the funds available. I also want you to try to get as speculative as you need to that will make money for the Fund in a rather upbeat fashion. LMAO! Now, have at it gentlemen! :thumbs:
I hope you all had a great Holiday Season, and got to spend plenty of time with your family and friends. I'm sure there were alot of primos burning the bands!
Now for some buisness. We are down 15%. Not so good. But we haven't traded much. 1 horrendous loss from NNRI.
Here is what I'm thinking. We wait for the GBRC to reach up into the 3.65ish area again and sell out. If it hold true to form it will dip as oil lowers again. We can buy back in when it drops or find another play.
I'm also liking Steve Hawk's ZAAP now. I think we missed the ultimate 200 shares at .75 plateau. This stock is going to go back over it's $1 home base with all the President of Dubai's Al-Yousuf Group backing.
What do you guys think?
Glad to make someone laugh... I think the market is going to be tough for the first half of the year. Election year, recession, mortgage problems, holiday spending down for retailers, gas, oil - all indicators. I like the ZAAP and see upside potential, but long haul. Then again, everything we bought I thought was for the long haul - 6 to 12 months.
I'm not in this, but if past performance is any indicator. Hold for the long term, there is no use in jumping in and out especially with the fluctuations in the last six trading days.
Wait for a few days when you have an up turn then unload some of them and re-engage.
I agree with my esteemed colleague from Vegas, buy/smoke more cigars! It's good for the economy, I certainly did my part for the Holiday Season as I bought more cigars than I normally do.