Stock market tips and experiences

[PSUSMU]

Originally Posted by PoorLurker

Bought some stock today to hold overnight though. I guess I dont have enough stress in my life. Stock will probably gap down tomorrow premarket haha

That's a recipe for how to lose money.

[PoorLurker]

Originally Posted by PSUSMU

That's a recipe for how to lose money.

sold it in the after markets haha

[MrPrena]

Originally Posted by PoorLurker

sold it in the after markets haha

Watch... we might have a huge implied open and have a rally on intraday.

[PoorLurker]

Originally Posted by MrPrena

Watch... we might have a huge implied open and have a rally on intraday.

The stock was up nearly 5% this morning haha

Left some money on the table. But it could have gone the other way too. When trading profit is profit. I am just trading to make pennies.

[SheaButter]

Originally Posted by MrPrena

The picture was like me all week.....

LOL! I have 5% of my portfolio in Microcap, and my end game is to freeroll on all of them. I have quite a few that I have an absolute abundance of shares in, and if the company ever amounts to anything I'll be freaking SET!!! One example is LIBE. I own 11 million shares on freeroll.

[MrPrena]

Originally Posted by PoorLurker

The stock was up nearly 5% this morning haha

Left some money on the table. But it could have gone the other way too. When trading profit is profit. I am just trading to make pennies.

There is always tomorrow.
Sometimes looking at weekly future indicator/reports/complimentary company earnings, etc can help you make decision little bit easier.

Originally Posted by SheaButter

LOL! I have 5% of my portfolio in Microcap, and my end game is to freeroll on all of them. I have quite a few that I have an absolute abundance of shares in, and if the company ever amounts to anything I'll be freaking SET!!! One example is LIBE. I own 11 million shares on freeroll.

Maybe bear mkt is coming.I tend to lose $$$$$$ year BEFORE bear market.
2000, 2007, and this year.

[gtron]

Originally Posted by SheaButter

LOL! I have 5% of my portfolio in Microcap, and my end game is to freeroll on all of them. I have quite a few that I have an absolute abundance of shares in, and if the company ever amounts to anything I'll be freaking SET!!! One example is LIBE. I own 11 million shares on freeroll.

i have a hard time justifying the trade commission on something like this. i'm super newb though so maybe i'm doing it wrong.

[SheaButter]

Originally Posted by gtron

i have a hard time justifying the trade commission on something like this. i'm super newb though so maybe i'm doing it wrong.

What's hard to justify about a $6-$10 commission on a trade that fills for a profit of over a grand? If you were filling orders non AON to net say, $50 I would understand. However I typically won't cash unless my trade fee is less than 1-2%.

Funny story, I was watching some kids play blackjack at a table that charged COMMISSION PER HAND!!! The table was charging $1 per hand dealt and these kids were playing the table minimum of $5. I couldn't believe it... lol.

[gtron]

Originally Posted by SheaButter

What's hard to justify about a $6-$10 commission on a trade that fills for a profit of over a grand? If you were filling orders non AON to net say, $50 I would understand. However I typically won't cash unless my trade fee is less than 1-2%.

Funny story, I was watching some kids play blackjack at a table that charged COMMISSION PER HAND!!! The table was charging $1 per hand dealt and these kids were playing the table minimum of $5. I couldn't believe it... lol.

i feel ya

@ those kids paying 20%

[ska///235i]

Goddawm
NFLX

[NickyC]

Originally Posted by SheaButter

Funny story, I was watching some kids play blackjack at a table that charged COMMISSION PER HAND!!! The table was charging $1 per hand dealt and these kids were playing the table minimum of $5. I couldn't believe it... lol.

My goodness, where was that? You couldn't play a worse BJ game (unless of course the dealer pushes on all 22s)!

[SheaButter]

Originally Posted by NickyC

My goodness, where was that? You couldn't play a worse BJ game (unless of course the dealer pushes on all 22s)!

It was at Hawiian Gardens Casino in SoCal. It's not a very nice casino, but they have a HUGE poker room (bigger than most Vegas poker rooms). I usually go there for "Mod Money" if I am ever bored. After paydays (1st and 15th) people go there and get drunk, and just play incredibly bad. Playing 3/5 is a really easy way to make a $1,000 in a night while having great poker convos. In my last 6 sessions there I averaged around $800/night playing 3/5 NL.

LOL @ Push on 22.

[ASBSECU E93]

Originally Posted by ska///235i

Goddawm
NFLX

do you think it still has upside after split..?

[MrPrena]

China's Tsinghua makes $23 billion offer for Micron.

[deeLow]

Originally Posted by ASBSECU E93

do you think it still has upside after split..?

Yes. Probably see a slight pullback down to maybe 90/share, and then back up again.

I see nflx much like appl stock. Only difference is the product and market cap.

[MrPrena]

Twitter false rumor article was funny... ha ha

[MrPrena]

Too text book right now.
Few days after rally, we get beat up high betas rising today.

[ASBSECU E93]

Originally Posted by deeLow

Yes. Probably see a slight pullback down to maybe 90/share, and then back up again.

I see nflx much like appl stock. Only difference is the product and market cap.

Just a FYI - I played FIT and made out pretty damn good

I'm too conservative though - sold it and went back to my safe haven

[MrPrena]

IF someone spread and profited off of false twitter rumor, I am sure sec will investigate.

[ASBSECU E93]

Originally Posted by MrPrena

IF someone spread and profited off of false twitter rumor, I am sure sec will investigate.

...and you're implying...

[deeLow]

Checked yahoo finance, saw nflx down 86%, freaked out. Then remembered the stock split

[ASBSECU E93]

It's a GREAT day if your in AAPL and NFLX...just saying