My Stock Value Strategy Starts Now (3 Viewers)

[Mr. Pickles]

I'm surprised, no shocked, the market isn't tanking.

It will at some point. These downward pressures add up. They don't disappear simply because the momentum is upward.

 

[Mose]

I DON'T KNOW WHAT TO DO!!

Sell now or hold for earning on PRGN. this thing is up way too much in 3 hours so far.

 

[Cavalier]

Ameritrade has the dividend for PRGN @ Dividend/Yield$1.49/37.85% Is this the old one?

 

[Otis]

Holy moly.

4.64 +0.71 (17.96%)

 

[Cavalier]

Saw this post on google.

I have TDameritrade news streamer. EGLE is also upgraded.

Paragon Shipping Raised To Buy From Hold By Dahlman Rose >PRGNLast

update: 5/19/2009 8:27:50 AM(END) Dow Jones Newswires

 

[Ripley]

Just want to throw in my thanks to DD. Bought PRGN and OCNF last week on advice from this thread. Sold today (which is probably too early), but made more than enough to not be disappointed if it keeps going up.

 

[Harris]

I put in a trailing stop of $0.15 on PRGN. Looks like this baby is moving up today big time.

Mine's at $0.20, might lower it to $0.15 in a bit.

 

[Harris]

I feel like such a winner going from avg. cost of $4.65 down to less than $3.50 and back up to where we are today. I'm still down like $70 bucks but I feel fantastic!

 

[moderated]

I'm surprised, no shocked, the market isn't tanking.

It will at some point. These downward pressures add up. They don't disappear simply because the momentum is upward.

i think this is flawed thinking. Of course we will see a pullback, but if the general trend is up it can keep going up the same way it went down.People lost tons of money on the HUGE downturn thinking it had to start turning around, but for over a year the trend was basically straight down with a few small uptrends.I have no clue one way or the other if were going to have a sustained downturn soon, but to think that just because we've been going up lately the market has to go down isn't good reasoning IMO.There is still a lot of money on the sidelines, doesn't mean they are going to be entering the market now, but there is still plenty of potential upwards.

 

[moderated]

Just want to throw in my thanks to DD.

I might buy 2 subscriptions to FBG's.

 

[BassNBrew]

Not liking what I'm seeing here with the price bouncing around on PRGN. Looks like this thing is being milked for all it's worth.

 

[Penguin]

It's pulling back now

 

[David Dodds]

Just want to throw in my thanks to DD.

I might buy 2 subscriptions to FBG's.

This market has been very kind to me as well. My strategy of playing oil and the Dry Shippers has mostly been right these past months. I am also conflicted here on Paragon as it's up very well here today. I sense though that this thing is just getting started here. It tested $5 before before falling off a cliff. I think once I exit my Paragon sell though I may just hold up for a bit on the sidelines as I really have an uneasy feeling a significant market correction is coming. and I want have my full arsenal of money available when that hits so I can buy some of these companies on the cheap.

 

[Cavalier]

I got a sell set for half my shares @ 4.45. But still on the fence if I want to sell.

 

[Penguin]

I'm seeing bid and ask sizes of 10, 3, 8 etc. as this slowly crawls back below 4.50

Very suspicious

 

[The Ref]

The stock really bounced off of $4.64.

 

[Penguin]

"Oh yea, and give me 3 shares of the Paragon thingy!"

 

[Cavalier]

Ameritrade has the dividend for PRGN @ Dividend/Yield$1.49/37.85% Is this the old one?

Googles is .05/4.44%Anyone know why these are different?

 

[Cavalier]

Ameritrade has the dividend for PRGN @ Dividend/Yield$1.49/37.85% Is this the old one?

Googles is .05/4.44%Anyone know why these are different?

Yahoo's is .20I take it these are estimates?

 

[McBokonon]

Ameritrade has the dividend for PRGN @ Dividend/Yield$1.49/37.85% Is this the old one?

Googles is .05/4.44%Anyone know why these are different?

Yahoo's is .20I take it these are estimates?

Scottrade has 0.05 quarterly. Yahoo might be giving the annual.

 

[David Dodds]

The last dividend from Paragon was .05. Since they give it quarterly, I would say it is 0.20 for the year. This dividend is not guaranteed though and gets announced each quarterly report.

 

[KGB]

Sold SQNM @3.25 from 3.05.

Its back down now to 3.16. Might rebuy

Holding EMIS from 1.17 currently @ 1.30.

 

[Cavalier]

The last dividend from Paragon was .05. Since they give it quarterly, I would say it is 0.20 for the year. This dividend is not guaranteed though and gets announced each quarterly report.

So they will announce a new dividend tomorrow?

 

[Mose]

I have decided I am holding PRGN until tomorrow. I want the thrill of sweating out the earnings report.

 

[analog_hiss]

Sold 700 SAY yesterday @ 2.14 for a gain of $160

Sold 1000 GPRE @ 2.40 for a gain of $380

Looking to exit 1000 of 1500 of OCNF @ 1.85, if it hits.

 

[David Dodds]

I have decided I am holding PRGN until tomorrow. I want the thrill of sweating out the earnings report.

Me too. If it tanks really bad, I am going to cost average down with this one. I still think this company is a takeover target within the industry. So not sweating any paper losses here and am looking forward to the thrill in reading the report tonight.I also think many more analyst upgrades could be hitting this sector this week with the BDI up so much.

 

[JaxBill]

I bought PRGN at 4.0199. I have a Sell Limit order in for 4.70, good for today only. If it hits it, I'm taking that profit, otherwise, I'm holding thru earnings.

 

[FavreCo]

Anyone follow the ^VIX because for some reason it continues downward as if all is well. It has dropped below 30 for the 1st time since Sept.

 

[BassNBrew]

Just sold 1000 FEED at $4.21 for a profit of $148.

Ouch...Bet you guys are rooting for me to cash out of PRGN and send it into orbit.

 

[Mose]

Just sold 1000 FEED at $4.21 for a profit of $148.

Ouch...Bet you guys are rooting for me to cash out of PRGN and send it into orbit.

TIA!

 

[analog_hiss]

Sold 700 SAY yesterday @ 2.14 for a gain of $160 Sold 1000 GPRE @ 2.40 for a gain of $380Looking to exit 1000 of 1500 of OCNF @ 1.85, if it hits.

Dropped the sale price to 1.83, and it hit for $310.Year to Date Profit = $3140Started with $7500, invested a little over $4500 here and there, and now sit on $8990 in cash and another $1600 tied up in stocks. 20% increase in cash in just over 60 days is just fine with me.

 

[Buckna]

Just sold 1000 FEED at $4.21 for a profit of $148.

Ouch...Bet you guys are rooting for me to cash out of PRGN and send it into orbit.

Really exploded there. As I posted yesterday, FEED is right around its 200 day MA, if it breaks above that, the sky's the limit. I think we could see $5 soon here.

 

[Mose]

PRGN hitting daily highs still....

 

[Buckna]

Ameritrade has the dividend for PRGN @ Dividend/Yield$1.49/37.85% Is this the old one?

Yeah, sounds like they are behind on their info. All of these dry shippers slashed their dividends when the economy tanked. They are generally known as very juicy dividend payers when times are good, but these aren't nifty 50 blue collar dividend payers you want to sell to grandma. When times get bad they slash their payouts to preserve capital.

 

[Buckna]

Another China stock I was strongly considering was CGA. I should have bought at the open, up 10% so far this morning.

Bought 500 shares @ $8.50, a little off the high for the day. This company is similar to FEED as they are a Chinese Agriculture play. In CGA's case, they make fertilizer and other soil nutrients for growing crops in China. It's up big the last few months, here's hoping the momentum keeps up.

 

[David Dodds]

PRGN Shipping 4.69 +0.76 (19.34%)

 

[David Dodds]

Let's get a tally who has OCNF or PRGN and what their shares and price are at:

I have 10,000 PRGN at $4.05

 

[Penguin]

3,000 PRGN at $4.45

 

[Mose]

Just 2000 shares of PRGN at $4.20. I sold all my OCNF yesterday, so the rest of mine is in cash now. Just holding that one small position.

 

[Fodasme69]

2500 PRGN at $4.39

 

[McBokonon]

Let's get a tally who has OCNF or PRGN and what their shares and price are at:I have 10,000 PRGN at $4.05

I mentioned this earlier, but I had contracts purchased at 0.26 and sold them this morning at 0.40 for a 53% gain. I'm more than ok with this but wish everyone luck going into earnings.

 

[Jene Bramel]

3200 shares at $3.90.

2200 with a trailing stop of .20 to guard against a late afternoon plummet (worst case scenario now +1920 assuming it doesn't trigger and doesn't crash in the aftermarket)

1000 riding until whenever

 

[DALYLA77]

Let's get a tally who has OCNF or PRGN and what their shares and price are at:I have 10,000 PRGN at $4.05

2700 PRGN @ 4.03

 

[burritobrother]

1000 PRGN at 4.54

 

[Cromedog]

Let's get a tally who has OCNF or PRGN and what their shares and price are at:I have 10,000 PRGN at $4.05

2000 PRGN at 3.96. Sold a 1000 share lot at 4.49 earler today that I had bought at 3.35.2000 OCNF at 1.48. Sold 1/2 yesterday....so with both playing a little on both sides of the fence.

 

[David Dodds]

Let's get a tally who has OCNF or PRGN and what their shares and price are at:I have 10,000 PRGN at $4.05

I mentioned this earlier, but I had contracts purchased at 0.26 and sold them this morning at 0.40 for a 53% gain. I'm more than ok with this but wish everyone luck going into earnings.

I almost plowed a ton of money into contracts when this nose-dived after getting close to 5. At the dead bottom, I had a shot at June 5.00 contracts at 15-20 cents and I am kicking myself now as I think those were golden (and knew it then too).

 

[analog_hiss]

Let's get a tally who has OCNF or PRGN and what their shares and price are at:I have 10,000 PRGN at $4.05

500 OCNF @ 1.50, sold 1000 earlier @ 1.83

 

[JaxBill]

I'm out at 4.70.

 

[Cavalier]

7000 @ 4.30

 

[St. Louis Bob]

Sold 700 SAY yesterday @ 2.14 for a gain of $160 Sold 1000 GPRE @ 2.40 for a gain of $380Looking to exit 1000 of 1500 of OCNF @ 1.85, if it hits.

Dropped the sale price to 1.83, and it hit for $310.Year to Date Profit = $3140Started with $7500, invested a little over $4500 here and there, and now sit on $8990 in cash and another $1600 tied up in stocks. 20% increase in cash in just over 60 days is just fine with me.