Author Topic: Stocks (Read 1545 times)

jesus0nvi4gra · « **on:** April 05, 2008, 01:22:13 AM »

I just got started and opened an account at zecco.com. They're big on community and only charge 4.50 per trade, or free if you have 2500+ in the account. I'm looking to strike big so right now I'm eyeing up potential penny stocks. So far I've put 1350 in Atari (ATAR) and as of today its at 1624. I basically got tired losing all my money at the casino and figured this was a smarter way to gamble. I'm really into it and I want to learn all the different shit like options and futures and whatnot. Anybody on Slap got a bangin portfolio?

longballlarry · « **Reply #1 on:** April 05, 2008, 08:42:59 AM »

BOOYAH!!!

imo.

wake and bacon · « **Reply #2 on:** April 05, 2008, 08:47:24 AM »

i really wanted to buy some stock in take two (rockstar games) whenever GTA4 got delayed, their stock plummeted when that announcement hit, investors "lost faith" in them, etc... now at the end of this month it's going to go sky high with the release. i didn't have any $$$ at the time though. smh.

jesus0nvi4gra · « **Reply #3 on:** April 05, 2008, 12:14:02 PM »

Quote from: wake and bacon on April 05, 2008, 08:47:24 AM

i really wanted to buy some stock in take two (rockstar games) whenever GTA4 got delayed, their stock plummeted when that announcement hit, investors "lost faith" in them, etc... now at the end of this month it's going to go sky high with the release. i didn't have any $$$ at the time though. smh.

It shot up because EA is trying to buy them out via a hostile takeover.

wake and bacon · « **Reply #4 on:** April 05, 2008, 12:35:26 PM »

no shit? well then. that just further proves my point that buying take two stock last october would have been super profitable.

jesus0nvi4gra · « **Reply #5 on:** April 05, 2008, 04:47:44 PM »

Quote from: wake and bacon on April 05, 2008, 12:35:26 PM

no shit? well then. that just further proves my point that buying take two stock last october would have been super profitable.

True dat.

clarkie · « **Reply #6 on:** April 06, 2008, 11:49:05 AM »

The advice people keep giving me is to diversify, meaning spread your money around and not put it all in one place. Stocks are the riskiest right now. You might want to put some in a money market account or a CD (short term) for a while until the economy improves. Shop around on the net for good CD rates. They are insured up to $100K so you never have the risk of losing. Read the fine print for withdrawal penalties first.

Back to stocks, don't put any in any type of pleasure businesses like boating, gaming, amusement, etc. People aren't spending money in those areas right now.

Hope this helps.

Ronald Wilson Reagan · « **Reply #7 on:** April 06, 2008, 12:08:13 PM »

The economy is starting to become shakier and shakier, now isn't the best time to invest in the market.
There is something where you can bet on the stocks losing, called like a put order or something, maybe look into that?

jesus0nvi4gra · « **Reply #8 on:** April 06, 2008, 12:35:05 PM »

Quote from: The Gipper on April 06, 2008, 12:08:13 PM

The economy is starting to become shakier and shakier, now isn't the best time to invest in the market.
There is something where you can bet on the stocks losing, called like a put order or something, maybe look into that?

Yeah, I really want to learn the specifics of that sort of trading.

sebastian toombs · « **Reply #9 on:** April 06, 2008, 07:06:03 PM »

stick to petroleum companies and cluster bomb manufacturers...

SR Junky · « **Reply #10 on:** April 06, 2008, 07:10:36 PM »

I bought a shitload of War and Deception (WAD) towards the end of the Clinton era. I am now literally a millionaire.

jesus0nvi4gra · « **Reply #11 on:** April 06, 2008, 07:14:33 PM »

I'm looking to invest in some Stem Cell research companies. With all the Dems getting in Congress, and hopefully the White House, the current restrictions could definitely loosen.

Silent Bob. · « **Reply #12 on:** April 07, 2008, 01:32:41 PM »

I did invest a few years ago, and that did me really good - like the Gipper says it's a real bad time to be investing now though as I have a feeling the market is about to crash hard - there's a big recession coming and it's going to have a bad effect on stocks..

The theory is to spread the risk, and to buy into loads of high-tech companies - because if one takes off the shares go up by a huge multiplier, so the returns are better (but the risks are greater too hence the need to diversify) - the only snag is that you have to pay transaction charges and that can cancel a lot out

Investing in oil is probably the way to go - you don't have to physically hold the barrels. Opec is at maximum capacity at the moment and so the price of oil is going to go wayyy up soon

biggums mcgee · « **Reply #13 on:** April 07, 2008, 02:38:17 PM »

what makes you say that about oil prices?

bill hates · « **Reply #14 on:** April 07, 2008, 09:25:17 PM »

he knows everything

gangsta fred · « **Reply #15 on:** April 07, 2008, 10:34:20 PM »

Does he know how to make you stop posting?

-the ace of spades

artichoke · « **Reply #16 on:** April 07, 2008, 10:40:42 PM »

I'm planning on doing some investing when the market crashes a bit more. I should probably do some research into how I should go about doing that.

Ronald Wilson Reagan · « **Reply #17 on:** April 08, 2008, 12:19:17 AM »

Quote from: jesus0nvi4gra on April 06, 2008, 07:14:33 PM

I'm looking to invest in some Stem Cell research companies. With all the Dems getting in Congress, and hopefully the White House, the current restrictions could definitely loosen.

Wow. pretty smart idea. Apparently all you need is a guy who won't veto the legislation.

bill hates · « **Reply #18 on:** April 08, 2008, 12:22:51 AM »

Quote from: gangsta fred on April 07, 2008, 10:34:20 PM

Does he know how to make you stop posting?

-the ace of spades

he requested a vicodin overdose

jesus0nvi4gra · « **Reply #19 on:** April 08, 2008, 12:58:52 AM »

Quote from: The Gipper on April 08, 2008, 12:19:17 AM

Quote from: jesus0nvi4gra on April 06, 2008, 07:14:33 PM
Expand Quote
I'm looking to invest in some Stem Cell research companies. With all the Dems getting in Congress, and hopefully the White House, the current restrictions could definitely loosen.
[close]
Wow. pretty smart idea. Apparently all you need is a guy who won't veto the legislation.

ACTC looks like a good bet right now. It's a penny stock right now, but they've made some breakthroughs recently, and were featured in an ABC News Primetime report on stem cell research. I'm probably going to buy $200 worth tomorrow.

Silent Bob. · « **Reply #20 on:** April 08, 2008, 01:32:22 AM »

Quote from: biggums mcgee on April 07, 2008, 02:38:17 PM

what makes you say that about oil prices?

It's just something I heard; demand is still going up and, according to what I heard, they can't produce oil any faster (OPEC are at max capacity) so people are going to pay more and more to get their hands on it

Could be wrong (I don't know that much really!) but if I had the spare money that's what I'd be investing in.. my prediction is that petrol prices are going to go up by a decent % this year due to the oil situation

Author Topic: Stocks (Read 1545 times)

sebastian toombs

SR Junky

biggums mcgee

bill hates

bill hates