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While I appreciate your legwork & info which introduced me to the dryshipping sector, I really didn't need to see your trades & prices. EXM was a nice tip but it was my choice to play, and it wasn't a large amount. Moderated just went way overboard with his bet.Anyways, legwork, info, and hunches is what make this thread fun. Hope that doesn't go away.
Virtually no options trade on that so who knows what it will do tomorrow. Tomorrow is OPEX at the close. I always forget that major manipulation goes on that week. This is a neat site. http://www.optionpain.com/MaxPain/Max-Pain.php
Stick with the pressure of picking the Fantasy Football winners please. I prefer your input that way, but I do want to give you a little credit.This thread triggered a tweaking of our finances, a move that made us actively involved in our plans for our retirement and the inevitable college education costs of our teenage children. You opened my eyes to the idea that the current market held opportunity, rather than a succession of 401k reports of losses. I started my involvement in this thread with a small amount, and I plan to keep it small...that's just me. I do not comment on the holdings I have in retirement accounts, just the shares I am "messing with."Comeback when you can.
Actually this really sucks. Your insight into when you pull the trigger and when you cut your losses is very valuable. I think it's pretty obvious that you're not responsible from other peoples trades. I mirrored several of your moves that I agreed with and avoided others that I didn't. The value came in the fact that you were being accountable for every trade. Pretty easy for people to post their hunches and then only come back and crow about their homeruns while dismissing their FAZzles. Seeing you switch gears and the reasoning behind it definately gave us a different angle to look at.Last, this is really no different then people using your game predictor that you publish to make wagers or people who enter high stakes leagues with your DD in tow.
I am surprised you lasted as long as you did. Thanks for all of your input and a hell of a thread.
Thanks for the ride DD. I made some decent coin and wanted to say thanks as I mirrored a few of your moves.The Dry Shipper blogs are damn interesting and honestly a sector I would have remained ignorant on. The first 2 pages were pretty nightmarish, but then it got legs.Hopefully this thread will keep moving along with some solid insight.
Well I put an order in for my 1,000 shares when it hit $1.20 today and put a stop-loss in at $1.05. All was well as it hovered around $1.20 for almost the whole day. Then late in the afternoon CTIC decided to take a dip from $1.15 into the $1.04 waters for about 10 minutes and promptly came back to $1.15.
Actually now that I think about this, it does effect me. I was going to use my profits to buy a FBG.com subscription. If PRGN goes to $40 then I'll buy evryone here a subscription.
David, this is just stupid IMO, everyone in this thread know you got killed at the beginning on a theory for the time you held the stock. I will either invest in what you are saying or not. This is/was much choice, this is not the US gov't. Everyone has free will here unless there is something I don't know and you are making the trades for everyone. Why don't you do this then. Password a forum and the ones that you give access to it know the deal. I want to here what you have to say sometimes I agree sometimes I don't. Example, PRGN, I had major cash in FITB. I look at the analyists input on FITB before I move it to PRGN, all of them said FITB was bad and it went up 4 dollars in 3 days. Either way I did research and made my decision, not you. In fact I am simply long on PRGN, I know this much, it is much safer than FAZ,David Dodds said:
David, this is just stupid IMO, everyone in this thread know you got killed at the beginning on a theory for the time you held the stock. I will either invest in what you are saying or not. This is/was much choice, this is not the US gov't. Everyone has free will here unless there is something I don't know and you are making the trades for everyone. Why don't you do this then. Password a forum and the ones that you give access to it know the deal. I want to here what you have to say sometimes I agree sometimes I don't. Example, PRGN, I had major cash in FITB. I look at the analyists input on FITB before I move it to PRGN, all of them said FITB was bad and it went up 4 dollars in 3 days. Either way I did research and made my decision, not you. In fact I am simply long on PRGN, I know this much, it is much safer than FAZ,David Dodds said:
See this the kind of post that just ruins everything that is good around here. Now, you may be joking, and if you are it's really bad timing. If not, you're the type of poster that should either keep his thoughts to himself or find another board to post on. I for one appreciate(d) Dodds opinions on all things Market related, whether right or wrong. Paragon, I wanted in on the stock, but not soley because of Dodds. I was too stubborn early on and then when it took off I had to wait for money to clear. I got in at 4.45 so I am about $1.00 a share upside down right now with no worries. While I'm optimistic of getting out next Tuesday/Wednesday at somewhere much closer to my buy in price, it doesn't change my life one bit if it stays around the low-mid 3's. It's a gamble, just like any other. No one person influenced me more than any other. For full disclosure, I took the LA Lakers -385 against the Houston Rockets when the series was tied at 1-1 heading to Houston. I factored in Houston's game 1 win, the Laker's lackluster play, Yao Ming's sluggishness up and down the court and laid the odds. It looked like a great bet after the Lakers won game 3 in Houston and Yao was done for the year only to have the Rockets blow out the fakers in game 4 and then again in game 6. So, here I'm sitting with an LA -1925 to win $500 ticket to win the series going into game 7. It is what it is, while I still feel confident and I think my -385 will be lower than the game 7 money line, it'll be very close. I have no problem laying this amount ( I chose to prior to game 3, and with no one else's coercing.) This is how I play/approach things, whether it be stocks, sports wagering, loans/investments etc. I have an extremely low risk aversion. If there's an obvious hedge opurtunity that will bail me out of a poor risk situation I will hedge without a second's thought, but in general I like to play when the odds are in my favor.I will really miss Dodds insight (as well as some of the others that I value and think will disappear from the thread as well.If anything, we've all become smarter investors, or at least should have. I apologize for any poster(s) that put added pressure on you or just "deflated" the fun from you experience. This was a gt=reat few months and your unique insight and translation of that insight into knowledge will be miss by all.Penguin
Pretty sure this was "tongue-in-cheek"....
In my mind this decision has everything to do with you. You came in here saying you're putting all of your savings in this one stock - "My life and family's future is now on the line". Then yesterday, after the stock had dropped immediately after you purchased it, you post a sarcastic note celebrating a small price rebound.You obviously made these posts to garner attention for yourself; to elicit some type of reaction. Well, congratulations, you got a reaction alright. I wish you would have just stayed out of this thread. Now you've cause the loss of this very enjoyable read.
I agree with Sniper.
Giddy Up!!!
OCNF ... UP
THANK GOD!! I was just getting ready to sell one of my daughters to cover my losses...But hey, I have four, so it's not like I can't spare one or two.... 
I think its mattering
OCNF ... UPTHANK GOD!! I was just getting ready to sell one of my daughters to cover my losses...But hey, I have four, so it's not like I can't spare one or two....
Sorry, the market is down today kids, so its medical experiments for the lot of you.
If you are choosing to hang it up, I want to say thanks. I only followed 2 of your moves, FEED and PRGN, when it seemed that your spidey senses were really tingling(?). On both of these I made a quick grand - a lifetime worth of FBG subscriptions. I also want to point that your stock trading doesn't just resemble gambling - it was gambling! The irony of this thread is that you started with a thoughtful laid out plan and then said essentially said 'F it - I'm just going to follow my gut' and you were hugely successful with the latter. I only followed your moves since your instincts seemed to be sharper than mine - well done.David Dodds said:
I'm commited to waiting until Wednesday now that we have earnings dates on these guys.Getting close to being back to even on OCNF....Now I have to decide if I want to get out now, or hold on and try to "make" money with it....Too bad DD isn't here to tell me what to do with my money
So far I have the potential of a Vikings #4 Favre jersey AND an FBG.com subscription just for hanging around in this thread.
