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Nepali_American
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Posted on 08-08-11 4:56
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What stocks are you buying tomorrow as dowjones lost 630+ points today? Are you planning to still wait?
These are in my watchlist:
MRK - Merck
INTC - Intel
WM - Waste Management
SO - Southern Company
NLY - Annaly Capital
PEB - Pebblebrook Hotel Trust
KO - Coca Cola
BAC - Bank of America Corp.
GE - General Electric
PG - Procter and Gamble
Any thoughts on these?
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tyrannyoflogic
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Posted on 08-16-11 7:59
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.pk,.ob means pinksheet(otc, pennystock all that high risk stuff) the company was probably delisted from the big boards ... I lean more towards trading than investing ..but if you were to buy a dividend paying stock please do consider buying after the company pays the dividends (10 - 20 days as i see on most charts) when the price dips and the uptrend starts again till the next dividend payment) and also consider splits in the history as well as the future
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Nepali_American
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Posted on 08-16-11 10:45
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I did not know .pk stands for pink sheet. Good to know. Thanks.
So, are you a day trader? Do you do this for your living? I wish I could do that rather than being in a rat race trying to get one rung up the corporate ladder.
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tyrannyoflogic
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Posted on 08-17-11 9:02
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i wouldn't say i am a daytrader, I am a smalltime trader for right now building my accounts...but I do aim to be a part time daytrader..
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Nepali_American
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Posted on 08-17-11 1:02
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@Tyranny:
Checked out your blog. Good stuff there. But did not accept my comment for some reason, tried several times.
I like the general profiles of all the companies you mentioned above, except LF as I can't imagine their sales on steady growth anymore due to the mushrooming of apps. Will have to look into these more in detail.
I need to learn how to trade small caps. Seems like a good money maker. But one has to watch the trading cost, it can add up.
Cheers.
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tyrannyoflogic
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Posted on 08-17-11 1:12
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Thanks Nepali_American, Check out speedtrader, they charge 39 cents per 100 shares commission, i use them for small caps turns out cheaper for me for my trading sizes which is generally not above a 1000 yeah i had someone else having problems with posting comments on my blog too gotta look into that later... if you are feeling risky today check out LGFTY i put it up on another thread at 62 cents now its already at 71 m in at 58s avg
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Nepali_American
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Posted on 08-17-11 2:08
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LGFTY. Wow!!
52 wk high @ 42, previous close 19, now at 0.80.
Whoever shorted this stock is now a millionaire.
With CFO and Deloitte resigning, sounds super risky, but then it is at 80 cents.
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tyrannyoflogic
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Posted on 08-17-11 7:38
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yup WOW, this thing was halted and then delisted.... and absolutely liquid... did not hit dollarland but was a pretty decent call m gonna sell it into the gap up tomorrow then may be go for a daytrade (after seeing how it trades) after it pulls back in the am profit taking I think I fixed the thing on my blog for comments ...lemme know Thanks for viewing my blog
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Nepali_American
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Posted on 08-18-11 4:43
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Hope al ya'll bought some stocks today.
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sarika2620
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Posted on 08-19-11 2:44
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Here are mine. My picks were biased hoping to see a stable performance on the global market, and I want to believe that energy stocks will double in 10 years. Gold is on my wishlist but right now it's too expensive to buy.
I didn't have much of a formula, just looked at market cap and performance for last few years and future growth potential. And try to diversify in different sectors.
XOM
STO
PBR.A
JNJ
VRX
GSK
CCE
AAPL
ARMH
ATML
INTC
CSCO
AMZN
CHL
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Nepali_American
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Posted on 08-19-11 8:05
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Good stuff Sarika. Where have I heard that name? Is it a celebrity name?
Lot of them are nice dividend paying stocks. Just make sure you buy them at the low end. Tyranny gave a good advice in his post earlier: buy those stocks couple of weeks after they pay dividends.
I too bought some AAPL yesterday at $363.
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Nepali_American
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Posted on 08-19-11 8:11
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I am building my portfolio during this downturn, so my picks are mostly mid and large caps. I am keeping my eye on the following today:
You can probably make money quicker with small caps. Tyrannyoflogic above seems to know those stocks.
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tyrannyoflogic
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Posted on 08-19-11 8:50
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just a word of caution ...just watch the support for S&P at 1120 and 1100 ...the media is all over the place with those numbers ...if those don't hold...massive selling imo...and the dips aint getting bought this time G luck my wishlist: BRK.A lol (only one stock...I dont even want that many)
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tyrannyoflogic
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Posted on 08-19-11 10:01
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LGFTY boooooom....90s hit ..too bad i sold my shares twice...
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Nepali_American
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Posted on 08-20-11 8:10
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tyrannyoflogic
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Posted on 08-24-11 8:04
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anyone put an order in for BAC at 6-6.10 ? ...that bounce was dead on...
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anon
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Posted on 08-24-11 8:13
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I think I told you guys all sprint needs is an iphone. If the rumors are true I can see sprint around 10 dollars very soon.
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Nepali_American
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Posted on 08-24-11 8:40
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I hope so, Anon. Bought whole lotta S at $3.50 last week, then it began to sink. Now it is bouncing back.
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Nepali_American
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Posted on 08-25-11 11:55
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I bought Sprint last week at $3.50. Hmmm... am ambivalent about this buy.
Sprint will be selling iPhone 5 this fall. Good news for Apple, not sure if it is a good news for Sprint. Apple tends to squeeze dry its partners.
I am thinking maybe Sprint will be bought out which might fetch a premium stock price, but when. Not sure if I should hold on to S. Any thoughts?
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anon
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Posted on 08-25-11 12:00
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I sold GLD today and bought S.market is beynd me right now.
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tyrannyoflogic
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Posted on 08-25-11 12:14
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Its too early to say ..but I think gold came back from its lows 1728s or something..but was a gamble to hold gold until jackson hole tomorrow
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