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-   -   STOCK MARKET Thread (https://www.revscene.net/forums/374823-stock-market-thread.html)

aperfectcircle 01-21-2008 04:11 PM

probably not rock bottom yet

Jackwimmer 01-21-2008 04:29 PM

this is BAD!!!
97ITR, i coulda did a 420TT Z up with the amount of money lost! LOL

asian_XL 01-21-2008 04:56 PM

I just shat bricks

KaOsTiK 01-21-2008 05:00 PM

Quote:

Originally posted by KaOsTiK
meant to post this earlier for you guys...but i've been shorting ABK all day

i don't typically like giving advice, but there's a lead for you guys to follow-up and research on


also...if anybody (approx 5-7 ppl) wanted to form like a little discussion/research group hit me up.

i've been wanting to get a few buddies together for awhile to cover more ground in investment research since there's only so much any one of us can do on our own...especially if you work and such. anyhow, most of my buddies couldn't be bothered to get into learning about stocks and the markets.

still interested in finding ppl who'd wanna research shit and make some money since it'll be a prime time to make some key buys

Gt-R R34 01-21-2008 06:56 PM

thing is even if you did DD on a certain company and you see it going to have a good upside.

You'd still feel the pain of losing either all your gains and some of your investment or your investment in general. a lot of people aren't serious trader, buy and keep for a while. thats why they feel the pain more then day traders.

that being said: most day trader i know usually have huge position on 1-5 stocks they feel it's going big and rarely do they sell off all to cut loses.

Cloudy_Hair 01-21-2008 07:19 PM

if any of you are still going long in a market like this, you must be f$#@#ing insane..... more blood on the market tomorrow

bossxx 01-21-2008 09:42 PM

BMK took a huge hit with their pR today lol.. they drilled and found nothing. Stock dropped 30%. Glad I didn't buy.

GSPG looking for drlil results by EOM. I read that some dude bought 11% of the company recently.

What is ABK all about? They are having a conference call tomorrow. Stock has taken huge hits over the last week. Oh Ambac lol they are all screwed.

Man I hope the markets don't get raped tomorrow morning. fakk I gotta feeling things won't be in the green for a couple days.

KaOsTiK 01-21-2008 09:57 PM

ya.. abk is gonna take a dump, but i'm still watching it..they were hot to short last week

best of luck to all you in the morning

wycked 01-21-2008 09:57 PM

http://hk.finance.yahoo.com/q/bc?s=%...=on&z=m&q=l&c=

Sick. Combine that with yesterday's hit as well.

onani 01-22-2008 02:25 AM

hmmm....

http://hotimg16.fotki.com/a/203_218/94_95/HS.jpg

impactX 01-22-2008 04:59 AM

This is the time when I am glad that I did not invest a single penny in the stock market.

97ITR 01-22-2008 06:28 AM

Quote:

Originally posted by wycked
http://hk.finance.yahoo.com/q/bc?s=%...=on&z=m&q=l&c=

Sick. Combine that with yesterday's hit as well.

roh row, I forsee many people jumping off buildings in HK if this continues.

Jackwimmer 01-22-2008 08:37 AM

tsx is up baby!!

KaOsTiK 01-22-2008 08:40 AM

Quote:

Originally posted by redliine

What is ABK all about? They are having a conference call tomorrow. Stock has taken huge hits over the last week. Oh Ambac lol they are all screwed.

dunno if you've been watching them today...but they continue to be good to short this morning

7seven 01-22-2008 09:24 AM

CMX halted, news release out shortly

Scoobysnax 01-22-2008 12:53 PM

Quote:

Originally posted by KaOsTiK
dunno if you've been watching them today...but they continue to be good to short this morning
hmm they gain 30% today when they reported substantial losses? Any reasoning behind that? What about e-trade? they report on thursday.. good short play ?

KaOsTiK 01-22-2008 02:15 PM

Quote:

Originally posted by Scoobysnax
hmm they gain 30% today when they reported substantial losses? Any reasoning behind that? What about e-trade? they report on thursday.. good short play ?
yup...after their stock started declining, i paid interest to them and started doing my homework/research. i think as it stands, their shares dropped about 90%

i'm working until 5 but you can drop me a PM if you'd like more info.

bossxx 01-22-2008 05:00 PM

I dunno if i should ride thru this storm or sell my shares and wait for the drill results and buy back then.. fakk..

bossxx 01-22-2008 05:09 PM

Taking a look at APPL 6 month chart, do you guys think now is a relatively good time to buy despite the overall market conditions?

http://finance.yahoo.com/q/bc?s=AAPL...=on&z=m&q=l&c=

Share prices are going to go so low that investors will have to buy because the share prices are going to be huge bargains. Then the markets will shoot back up.

Does anyone think that? when this happens is anyones guess. Just a thought.

Jackwimmer 01-22-2008 05:34 PM

WOW apple dropped that MUCH?

bossxx 01-22-2008 05:41 PM

Yea like 30% since new years. I was kinda shocked too lol

McDick 01-22-2008 06:15 PM

Good thing I took my loss at $176 on Apple. If not, I am toast since I am using my margin account as well!!

But I would say, but Apple in March or something like that. Stocks may rebound in the second half of the year.

I don't think Apple will have the same explosive earning anymore, since I don't even like their new ipod or Macbook Air. . .

Gt-R R34 01-22-2008 06:46 PM

Quote:

Originally posted by redliine
I dunno if i should ride thru this storm or sell my shares and wait for the drill results and buy back then.. fakk..
take profit, get out? wait for bottom buy back. thats always 1 option.


Quote:

Originally posted by redliine
Yea like 30% since new years. I was kinda shocked too lol
every us stock is taking a beating. everyone's selling and running to safer territories....bring back the GICs!

Scoobysnax 01-22-2008 08:02 PM

Quote:

Originally posted by redliine
Taking a look at APPL 6 month chart, do you guys think now is a relatively good time to buy despite the overall market conditions?

http://finance.yahoo.com/q/bc?s=AAPL...=on&z=m&q=l&c=

Share prices are going to go so low that investors will have to buy because the share prices are going to be huge bargains. Then the markets will shoot back up.

Does anyone think that? when this happens is anyones guess. Just a thought.

I'll wait it out til the end of the month, if the feds dont cut another .50 basis pts next week, the market is going to a bigger shitter than it already is in. I got out of AAPL in the 170s and looking to buy some cheap feb calls :P

amplified 01-22-2008 08:35 PM

Quote:

Originally posted by redliine
Taking a look at APPL 6 month chart, do you guys think now is a relatively good time to buy despite the overall market conditions?

http://finance.yahoo.com/q/bc?s=AAPL...=on&z=m&q=l&c=

Share prices are going to go so low that investors will have to buy because the share prices are going to be huge bargains. Then the markets will shoot back up.

Does anyone think that? when this happens is anyones guess. Just a thought.

I'm staying away for now. It's projected that if their is a recession in the US then Apple's earnings are going to go down. Therefore their share prices will likely fall as well.


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