My Stock Value Strategy Starts Now (1 Viewer)

[Buckna]

You gotta have brass balls to deal in FAZ.

Or hate yourself a little.

I played it once - when it was $28.xx. Made $10 and swore it off.We need a FAZ support group.

Once lost $700 on it in the span of 15 minutes. Never again will I touch that thing with a ten foot pole unless the world is crashing around us.

 

[Buckna]

Gold and Silver up big this week. Not getting much press but gold is over $950 again after being below $900 at the beginning of the month.eta gld and/or slv might be a good place to "park" if you're expecting a decent sized correction.

In my opinion, everyone should have 15% in gold and silver. If the market retests lows, gold will crack 1K and silver will be at 16 IMHO.Either way, everyone needs some inflation hedge.

Any particular ETF's or mining stocks you care to share with us?

 

[David Dodds]

PRGN and DRYS have both rebounded nicely throughout the day. I'll be exiting some time this afternoon.

DO NOT SELL OTIS. We can't have both you and Dodds off the ship. ride it to $7 with the last remaining few still on board.

Out at 5.95

I've got sellers remorse...This thing has legs and will take a significant market pullback, bdi decrease or other news to bring it back significantly. It's ability to hold ground today is a clear indication.

I agree with all of this. But I actually think the overall market is really in some danger here. It fought through it today, but if the NASDAQ slip went to 4 or 5%, I think you would see a tidal wave happen. It has been like this for at least a week, but I think it breaks lower significantly one of these days. we will all get our chances to be back in this stock

 

[St. Louis Bob]

Gold and Silver up big this week. Not getting much press but gold is over $950 again after being below $900 at the beginning of the month.

eta gld and/or slv might be a good place to "park" if you're expecting a decent sized correction.

In my opinion, everyone should have 15% in gold and silver. If the market retests lows, gold will crack 1K and silver will be at 16 IMHO.Either way, everyone needs some inflation hedge.

Any particular ETF's or mining stocks you care to share with us?

GGN is awesomeThey declared .14 per share dividend for July, August & September today. I was in it for a while but sold to trade DXO.

 

[The Ref]

Gold and Silver up big this week. Not getting much press but gold is over $950 again after being below $900 at the beginning of the month.eta gld and/or slv might be a good place to "park" if you're expecting a decent sized correction.

In my opinion, everyone should have 15% in gold and silver. If the market retests lows, gold will crack 1K and silver will be at 16 IMHO.Either way, everyone needs some inflation hedge.

Any particular ETF's or mining stocks you care to share with us?

I deal only in physical. That said, I recently watched a Peter Shciff interview that had me thinking of looking into some gold mine stocks.I'll be researching over the weekend, but if anyone has some ideas I would love to read them.

 

[Random]

Gold and Silver up big this week. Not getting much press but gold is over $950 again after being below $900 at the beginning of the month.eta gld and/or slv might be a good place to "park" if you're expecting a decent sized correction.

In my opinion, everyone should have 15% in gold and silver. If the market retests lows, gold will crack 1K and silver will be at 16 IMHO.Either way, everyone needs some inflation hedge.

Any particular ETF's or mining stocks you care to share with us?

GLD and SLV track physical prices pretty well. But there are some reasons to like physical over the etf's.

 

[Random]

Gold and Silver up big this week. Not getting much press but gold is over $950 again after being below $900 at the beginning of the month.eta gld and/or slv might be a good place to "park" if you're expecting a decent sized correction.

In my opinion, everyone should have 15% in gold and silver. If the market retests lows, gold will crack 1K and silver will be at 16 IMHO.Either way, everyone needs some inflation hedge.

Any particular ETF's or mining stocks you care to share with us?

I deal only in physical. That said, I recently watched a Peter Shciff interview that had me thinking of looking into some gold mine stocks.I'll be researching over the weekend, but if anyone has some ideas I would love to read them.

GDX is the only one I know of.

 

[BassNBrew]

DRYS is on the move, something is up. I think I'll hold overnight. FREE is up 30+ cent over my entry point, but I only hold 138 shares so it's likely a long term hold. Still sitting on 2000 PRGN but would like to pare that back to 1000 since I'm overweighted in the shippers which isn't a good long term position.

 

[BassNBrew]

Anyone have any suggestions on ammunition companies? Huge shortages in the market and prices are steadily increasing.

 

[BassNBrew]

By my calculations, at one time we (FBGs) owned between two and three tenth's of a percent of PRGN.

 

[KGB]

Agfeed files for 3,739,080 share common stock offering by selling stockholders

 

[FavreCo]

Man is FAZ a pile of ####. Considered it today but was able to kick the habit. Markets take a healthy crap and that POS goes nowhere. I will still keep an eye on FAS however.

 

[bishop92]

Anyone have any suggestions on ammunition companies? Huge shortages in the market and prices are steadily increasing.

One company that I just started tracking is Olin Corporation (OLN). It's a bit of a sideways play on ammunition, though.The company is pretty far off its 52-week high, pays a steady dividend (yielding over 6%), has good fundamentals, and is experiencing a lot of growth in its Winchester ammunition segment. However, it's not a total play on ammunition since about two thirds of their revenues come from other chemical products.There are also some bearish technicals showing on the stock right now, but it might be worth keeping in mind.

 

[David Dodds]

DRYS is on the move, something is up. I think I'll hold overnight. FREE is up 30+ cent over my entry point, but I only hold 138 shares so it's likely a long term hold. Still sitting on 2000 PRGN but would like to pare that back to 1000 since I'm overweighted in the shippers which isn't a good long term position.

what a shocker that I managed to accumulate 3,000 shares and lose money and it's now up big in the after-market less than a day later

 

[Buckna]

Agfeed files for 3,739,080 share common stock offering by selling stockholders

well isn't that lovely.My understanding is this kind of secondary offering isn't an issuance of new shares and therefore a dilution. It's generally for initial investors to be able to sell their shares after a lockup period expires from an IPO. It's supposed to be a way for them to slowly unwind their positions without dumping everything on the market at once and moving the price significantly. Still, that means there will be some added selling pressure on the stock over time.

 

[DALYLA77]

DRYS is on the move, something is up. I think I'll hold overnight. FREE is up 30+ cent over my entry point, but I only hold 138 shares so it's likely a long term hold. Still sitting on 2000 PRGN but would like to pare that back to 1000 since I'm overweighted in the shippers which isn't a good long term position.

what a shocker that I managed to accumulate 3,000 shares and lose money and it's now up big in the after-market less than a day later

Announced after close: DryShips completes $475 mln equity offering

 

[bostonfred]

DRYS is on the move, something is up. I think I'll hold overnight. FREE is up 30+ cent over my entry point, but I only hold 138 shares so it's likely a long term hold. Still sitting on 2000 PRGN but would like to pare that back to 1000 since I'm overweighted in the shippers which isn't a good long term position.

what a shocker that I managed to accumulate 3,000 shares and lose money and it's now up big in the after-market less than a day later

Man, you've had no luck with this market.

 

[Otis]

DRYS is on the move, something is up. I think I'll hold overnight. FREE is up 30+ cent over my entry point, but I only hold 138 shares so it's likely a long term hold. Still sitting on 2000 PRGN but would like to pare that back to 1000 since I'm overweighted in the shippers which isn't a good long term position.

what a shocker that I managed to accumulate 3,000 shares and lose money and it's now up big in the after-market less than a day later

Man, you've had no luck with this market.

 

[David Dodds]

DRYS is on the move, something is up. I think I'll hold overnight. FREE is up 30+ cent over my entry point, but I only hold 138 shares so it's likely a long term hold. Still sitting on 2000 PRGN but would like to pare that back to 1000 since I'm overweighted in the shippers which isn't a good long term position.

what a shocker that I managed to accumulate 3,000 shares and lose money and it's now up big in the after-market less than a day later

Man, you've had no luck with this market.

I know I should not complain, but it's been uncanny how badly I have timed some things though.

 

[David Dodds]

EXM Up big now too....Sector is moving......

Reuter's

 

[BassNBrew]

DRYS is on the move, something is up. I think I'll hold overnight. FREE is up 30+ cent over my entry point, but I only hold 138 shares so it's likely a long term hold. Still sitting on 2000 PRGN but would like to pare that back to 1000 since I'm overweighted in the shippers which isn't a good long term position.

what a shocker that I managed to accumulate 3,000 shares and lose money and it's now up big in the after-market less than a day later

My strategy has been to mirror your buys, sell a day or two after you sell for a huge profit, and then piss it away on FAZ.I started with a bankroll of roughly 30k and am up 9k in about 3 months which includes about 5k in FAZ and UCO losses (FAZ accounting for about 80% of the losses).

 

[moderated]

Do people understand that the way FAZ was leveraged that it has no chance of moving super high like it was before? It's a suckers stock at this point.

i don't have it offhand, but there was an article that explained it mathematically why it can't move up very much regardless if the financials go down a bunch.

***Edited to add a link (this isn't the article i was talking about, but it explains the logic behind why FAZ won't be skyrocketing

faz link

 

[BassNBrew]

DRYS is on the move, something is up. I think I'll hold overnight. FREE is up 30+ cent over my entry point, but I only hold 138 shares so it's likely a long term hold. Still sitting on 2000 PRGN but would like to pare that back to 1000 since I'm overweighted in the shippers which isn't a good long term position.

what a shocker that I managed to accumulate 3,000 shares and lose money and it's now up big in the after-market less than a day later

Man, you've had no luck with this market.

I know I should not complain, but it's been uncanny how badly I have timed some things though.

That said, you almost nailed PRGN perfectly getting out on the first surge and then re-acquiring on the downswing. While you're kicking yourself about not squeezing out every penny, don't forget that you pulled the plug in several instances before the investment fell and moved the cash into a better performing investment.

 

[bigfishboy]

Man is FAZ a pile of ####. Considered it today but was able to kick the habit. Markets take a healthy crap and that POS goes nowhere. I will still keep an eye on FAS however.

I had a limit set for FAS at 8.50 this morning that just missed. As the market overall was puking, FAS was really resisting. I think this says something about risk/reward and so I bought some at 9.01. I have to believe if it was even on a poor day like this, the chance of it going up 10% is much better than the risk of it going down 10%.I am now in at an average of 9.58. And will be looking to sell if it is at 10.55 or so at the end of a day.

 

[KGB]

if You want to roll th dice.

I just bought some shares of HEB.

you might lose 25% or gain 200+% by Tuesday.

looks like it has a pretty good chance of getting approved. shares going up after hours right now. volume ws 3X normal today.

Wish me luck. I only bet a good blackjack sized $ amount on it though.

 

[James Daulton]

FREE is going to announce earnings next Thursday, what's everyone's take on the potential? Are good results already priced in?

 

[Lupe]

Do people understand that the way FAZ was leveraged that it has no chance of moving super high like it was before? It's a suckers stock at this point.

i don't have it offhand, but there was an article that explained it mathematically why it can't move up very much regardless if the financials go down a bunch.

***Edited to add a link (this isn't the article i was talking about, but it explains the logic behind why FAZ won't be skyrocketing

faz link

FAZ should only be daytraded for this very reason

 

[Otis]

DRYS up big time in premarket. Looks like some of us sold a day early.

 

[JaxBill]

Do people understand that the way FAZ was leveraged that it has no chance of moving super high like it was before? It's a suckers stock at this point.

i don't have it offhand, but there was an article that explained it mathematically why it can't move up very much regardless if the financials go down a bunch.

***Edited to add a link (this isn't the article i was talking about, but it explains the logic behind why FAZ won't be skyrocketing

faz link

I don't expect it to ever get back up very high (over 20) again. I'm in at 4.75. If this market gets skittish in the next week or two I'm hoping to get to mid 6's.

 

[The Ref]

if You want to roll th dice.

I just bought some shares of HEB.

you might lose 25% or gain 200+% by Tuesday.

looks like it has a pretty good chance of getting approved. shares going up after hours right now. volume ws 3X normal today.

Wish me luck. I only bet a good blackjack sized $ amount on it though.

Interesting "scratch ticket".

 

[Cromedog]

I can't believe that I'm actually thinking of getting back in PRGN this morning after selling at virtually the same price...but if the BDI is up again with the general market looking to bounce back up today I think it could approach the 6.50 range...

 

[Cavalier]

EXM Up big now too....Sector is moving......

Reuter's

Up 13% premarket.

 

[KGB]

Easy win here imo. no faz today, even thoughI think the banks have risen too quickly, bac will be moving up today

Morgan Stanley lifted its price target on Bank of America (NYSE: BAC) to an aggressive $32 per share, from $25. The firm is maintaining its Overweight rating on BofA.

Shares of BofA closed at $11.41 yesterday, providing 180% upside to the new price target.

Bank of America Corporation, a financial holding company, provides a range of banking and nonbanking financial services and products in the United States and internationally.

Real-Time Market Moving News Two-Weeks FREE http://www.streetinsider.com/premium_content.php

 

[David Dodds]

In observance of Memorial Day, the U.S. Bond markets will close at 2:00 p.m. ET on Friday, May 22, 2009. The U.S. Bond and Equity markets will be closed on Monday, May 25, 2009. All Trades and Money Movements placed after the markets close on Friday, May 22, 2009 will be entered on the next business day, Tuesday, May 26, 2009.

 

[The Ref]

if You want to roll th dice.

I just bought some shares of HEB.

you might lose 25% or gain 200+% by Tuesday.

looks like it has a pretty good chance of getting approved. shares going up after hours right now. volume ws 3X normal today.

Wish me luck. I only bet a good blackjack sized $ amount on it though.

In for 1,000. This is a pure gamble.

 

[Fodasme69]

if You want to roll th dice.

I just bought some shares of HEB.

you might lose 25% or gain 200+% by Tuesday.

looks like it has a pretty good chance of getting approved. shares going up after hours right now. volume ws 3X normal today.

Wish me luck. I only bet a good blackjack sized $ amount on it though.

In for 1,000. This is a pure gamble.

In for 400 at 1.48

 

[Cromedog]

Paging: BUCKNA!

FEED

4.95

+0.32 (6.91%)

Real-time: 10:02AM EDT

 

[Crash34]

if You want to roll th dice.

I just bought some shares of HEB.

you might lose 25% or gain 200+% by Tuesday.

looks like it has a pretty good chance of getting approved. shares going up after hours right now. volume ws 3X normal today.

Wish me luck. I only bet a good blackjack sized $ amount on it though.

Interesting "scratch ticket".

What has a good chance of getting approved?

 

[NYG Endzone]

if You want to roll th dice.

I just bought some shares of HEB.

you might lose 25% or gain 200+% by Tuesday.

looks like it has a pretty good chance of getting approved. shares going up after hours right now. volume ws 3X normal today.

Wish me luck. I only bet a good blackjack sized $ amount on it though.

Interesting "scratch ticket".

What has a good chance of getting approved?

http://www.fool.com/investing/general/2009...hemispherx.aspx

 

[Buckna]

Paging: BUCKNA!FEED4.95+0.32 (6.91%)Real-time: 10:02AM EDT

Popped over $5 there briefly, some large chunks getting traded this morning that bumped the price. I'll probably be holding my trading shares over the weekend. Hard to get a read on today as the action before a long holiday weekend is usually on light volume so I'm hoping there is some good volume and a higher close. That would be a major positive sign that the technicals are still good and the stock will trade up regardless of the overall market.

 

[analog_hiss]

I just put in a bid for 1000 GPRE @ 2.65. If you recall, GPRE was one of my early purchases...bought below $2, sold over $3, bought at $2, sold the other day at $2.40.

I read last night that GPRE just purchased two ethanol plants from the now bankrupt VeraSun, which essentially increases the company's capacity by over 40%.

The last two quarters, GPRE's bottom line has been affected by a reverse merger last fall, and they bought out a contract from an ethanol marketer as GPRE is now market their own products.

Trading at 2.80 right now, so I may adjust later in the day.

 

[Buckna]

Paging: BUCKNA!FEED4.95+0.32 (6.91%)Real-time: 10:02AM EDT

Popped over $5 there briefly, some large chunks getting traded this morning that bumped the price. I'll probably be holding my trading shares over the weekend. Hard to get a read on today as the action before a long holiday weekend is usually on light volume so I'm hoping there is some good volume and a higher close. That would be a major positive sign that the technicals are still good and the stock will trade up regardless of the overall market.

More than 2.5M shares in the first hour and a half. Hit $5.23 there for a moment. Apparantely there are buyout rumors circulating, although I put very little stock in buyout rumors.Another Chinese agri-stock SEED, blew out earnings and is up 30% taking the whole sector with it. I was considering buying this one last week, but passed.

 

[David Dodds]

BDI up, but Panamax down:

Baltic Supramax 1,837 (-0.92%)

Baltic Handysize 869 (+0.81%)

Baltic Dry 2,786 (+2.92%)

Baltic Capesize 4,343 (+8.82%)

Baltic Panamax 2,293 (-3.37%)

 

[itriple]

Anyone thinking of jumping back in at $5.60? I know I am.

 

[David Dodds]

Bought 2,000 PRGN at 5.58

 

[Buckna]

If you believe the TA types, FEED has major resistence at $5.26. If it breaks above that it could be a huge move up as the next line of resistence isn't until the 7's. Feed is currently at $5.25 as I type this.

 

[KGB]

if You want to roll th dice.

I just bought some shares of HEB.

you might lose 25% or gain 200+% by Tuesday.

looks like it has a pretty good chance of getting approved. shares going up after hours right now. volume ws 3X normal today.

Wish me luck. I only bet a good blackjack sized $ amount on it though.

Interesting "scratch ticket".

What has a good chance of getting approved?

http://www.fool.com/investing/general/2009...hemispherx.aspx

Honestly that link doesn't mean crap. If it gets approved it will be a huge win. If not a big loss. Right now someone is walking the price down with 100 shares buys/sells. And then 20000 share chunks are being bought.

I only bought 250 shares. I've lost more than that on a bj hand so no biggie to me. But huge upside if it hits

 

[FavreCo]

Do people understand that the way FAZ was leveraged that it has no chance of moving super high like it was before? It's a suckers stock at this point.

i don't have it offhand, but there was an article that explained it mathematically why it can't move up very much regardless if the financials go down a bunch.

***Edited to add a link (this isn't the article i was talking about, but it explains the logic behind why FAZ won't be skyrocketing

faz link

I don't expect it to ever get back up very high (over 20) again. I'm in at 4.75. If this market gets skittish in the next week or two I'm hoping to get to mid 6's.

It will never go above 15 (worst economic case scenario). A huge market selloff will get it to the 8-10 range at best. Eventually it goes to pennies or reverse splits. It's a bet on red/black on a roulette wheel basically.

 

[Buckna]

Considering purchasing some shares in GRO, another Chinese Ag stock. Breaking out today above it's moving averages.

 

[BassNBrew]

SBLK announces earnings next Wednesday. Also May 29th is the dividend date for PRGN holders.

Just added 500 PRGN @ 5.60.