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If nationalizing the banking system cannot get two green days
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got super lucky, put in a market order to sell at $7.50 last night...got rid of it early this morning at $7.94Originally Posted by theone2401
Originally Posted by MnMballa2323
GM FTW!!! i picked it up at $5 on like thursday...do u think it will still rise?
If you dont sell GM your stupid. Its a lottery ticket. They are talking about a deal with Chrysler which will probably wipe the stock out unless they do it in cash.
Originally Posted by XI ShinE XI
How do you guys think aapl will do in the next couple of days? Do you guys think their new mac book will sell?
They are worse then GM. If its a short term trade and you know what your doing sure but you could just as easily be wiped out. Just because astock has a low price and its a recognizable name doesnt mean it is "cheap" Car sales are down 30% this year these car companies are dying.Originally Posted by MnMballa2323
whats good with ford? good short term stock...if u pick it up at $2.25 and even if you get rid of it at $3 thats a descent profit maybe a couple days...anybody think it will do ok?
Originally Posted by Dam itz Lou
Dont know much about stocks but I just saw the company I work for go frfom $9 to $22. I knew I should of hopped online and got some. Morgan stanley BTW.
My boss copped 10 gs in stock when it was at 9 and i think he selling/sold it already.
What's a good site to start buying some stocks ?
Originally Posted by 59 Piffy
only 100.....im holdin it long though. id get in right now since shorts are tryin to squeeze it......
Anybody have any input on purchasing some shares of Coke while it's so low?
You missed it. They are already up after their earnings were good. They are in a good position because of their overseas business apparenty(according to CNBC) But if you buy them now you are just chasing. The market is probably going to test 7900 again most likely there is going to be moreopportunities to buy and maybe by then the economy will actually be good and stocks will actually give some real returns.
Originally Posted by 23sole collector23
I used to have stocks....the only stocks that i have right now is from my 401K .......some of my co-workers that are retiring this year were really affected by the stocks....their retirement money were deducted as much as $50,000 or more.....that's a lot of money...
Originally Posted by theone2401
59 Piffy wrote:
only 100.....im holdin it long though. id get in right now since shorts are tryin to squeeze it......
Anybody have any input on purchasing some shares of Coke while it's so low?
You missed it. They are already up after their earnings were good. They are in a good position because of their overseas business apparenty (according to CNBC) But if you buy them now you are just chasing. The market is probably going to test 7900 again most likely there is going to be more opportunities to buy and maybe by then the economy will actually be good and stocks will actually give some real returns.
Long-Term investors should not be putting money into the market. theone2401 is right, our economic data is not looking good. Plus you have to realize thatthese companies we're trading right now aren't going to have superb news when they release quarterly reports. I think I read that economists areexpecting a 12-18 month bear market. Long-term investing involves following the natural upward trend in the market but when the market is trending downward, itdoesn't pay to put money into the market.
That said, short-term traders should be looking to capitalize off of this current volatility. People don't know where many of these companies should betrading at, so there is going to be a lot of swings in the prices of many companies. I expect to see a lot of large percent-wise movements in the market.Morgan Stanley was a big example of that, moving almost 100% in price on Monday.
As for NCC, there are a number of companies looking to purchase it right now. It's price is trading on anxiety and more news on its situation should causea big change in it's price.