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My Stock Value Strategy Starts Now (1 Viewer)

GM's stock is worthless if/when the go into bankruptcy, right? Seems like the only ones to profit is the guy brokering the stocks...

 
Alias said:
Otis said:
Patiently waiting for the FAZPLOSION!!11
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I'm on the FAZ train @ 5.02 :sadbanana: first trade in about ~8 years
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Ok so stupid question:I put in 50% of my shares for a SELL-STOP at 4.5

I put in 50% of my shares for a SELL-STOP at 4.3

Now I want to put in a SELL-LIMIT at 6.5 for like 50% of my shares and E-Trade gives me this error message:

We did not find enough available shares of this security in your account for the closing order as placed. Please check the number of shares you entered and resubmit your order. You may also need to check your open orders, as shares for this security may already be allocated to an existing open order.
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How do I protect my full set of shares from a major loss and still place a limit to lock in profits?
 
KGB said:
KGB said:
HEB taking a big hit on story from the street I think.

Time to get out still if you want even.

I havnt decided what I'm going to do yet. Might put in a stoploss @ 1.40.

I don't think any real news is out.
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Looks like HEB recovered. :thumbup:
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Great counter article by BioMed reports:http://biomedreports.com/articles/most-pop...ma-amexheb.html

The plot surely does thicken. These biopharm stocks elicit so much passion and drama. What a ride it's been and will be! The stock is recovering a bit today, up around 3%.

 
Alias said:
Alias said:
Otis said:
Patiently waiting for the FAZPLOSION!!11
Click to expand...
I'm on the FAZ train @ 5.02 :thumbup: first trade in about ~8 years
Click to expand...
Ok so stupid question:I put in 50% of my shares for a SELL-STOP at 4.5

I put in 50% of my shares for a SELL-STOP at 4.3

Now I want to put in a SELL-LIMIT at 6.5 for like 50% of my shares and E-Trade gives me this error message:

We did not find enough available shares of this security in your account for the closing order as placed. Please check the number of shares you entered and resubmit your order. You may also need to check your open orders, as shares for this security may already be allocated to an existing open order.
Click to expand...
How do I protect my full set of shares from a major loss and still place a limit to lock in profits?
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I use Schwab for my trading and I asked this same question not too long ago. They told me you can only have one sell order in at a time on a particular position.
 
Otis said:
God, will the financials please just explode into a massive ball of flames already. /FAZowner
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If GM going broke and North Korea testing a plan to nuke South Korea and Japan doesn't do anything to sink the DOW or S&P, I'm starting to wonder if this next correction we've been expecting will happen at all.
 
Locked in profit and sold CRGN. Bought @1.20 sold at 1.31 or so. Its still riding high @ 1.36 now. Wish I held longer. Made about 12%

Still holding HEB. 250 shares @ 1.46. Its currently at 1.66 up 13.7% for me since I bought. HIGH RISK

Just bought 3600 shares AGEN @.74. Huge volume. Its up20% on the week and 7% today. Thinking it will go to a buck easy and who knows from there. Biopharms blowing up right now.

 
FavreCo said:
moderated said:
The Ref said:
You never want to be the one to catch the falling knife, but at some point GM has to rebound.
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no it doesn't. most likely common shareholders will be wiped out.
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Anyone in GM right now, better run screaming because the odds favor that your share value is zero on Monday.
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I didnt' say I actualy had the balls to buy GM. But I do have to ask the question as to why >212M shares have been traded so far today for $1-$.75 if they are going to be wiped out.
 
Philo said:
Otis said:
God, will the financials please just explode into a massive ball of flames already. /FAZowner
Click to expand...
If GM going broke and North Korea testing a plan to nuke South Korea and Japan doesn't do anything to sink the DOW or S&P, I'm starting to wonder if this next correction we've been expecting will happen at all.
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Very, very, very fair point. The only way I can get my head around this is to say the age of inflation is proping everything up.Gold/Silver/Platinum has been on the rise this week.
 
Volume since May 19th is over 20 million hopefuly they got rid of those extra 3 million shares and we can start partying.

Todays volume is the 2nd largest (1st is May 20th) in many years.

 
KGB said:
Locked in profit and sold CRGN. Bought @1.20 sold at 1.31 or so. Its still riding high @ 1.36 now. Wish I held longer. Made about 12% Still holding HEB. 250 shares @ 1.46. Its currently at 1.66 up 13.7% for me since I bought. HIGH RISKJust bought 3600 shares AGEN @.74. Huge volume. Its up20% on the week and 7% today. Thinking it will go to a buck easy and who knows from there. Biopharms blowing up right now.
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KGB,I will surely do my own due diligence, but can you give me a brief synopsis of what you like about AGEN? These biopharms are like crack to me.Thanks,Najeh
 
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itriple said:
Bought another 5,000 shares of PRGN at $5.26 lets hope this gets hot.
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Put in an order for 1200 shares at $5.20. I keep getting filled 100 at a time, i'm up to 700 shares. Don't look like the rest ill be filled today as it's back to $5.27.
 
Philo said:
Otis said:
God, will the financials please just explode into a massive ball of flames already. /FAZowner
Click to expand...
If GM going broke and North Korea testing a plan to nuke South Korea and Japan doesn't do anything to sink the DOW or S&P, I'm starting to wonder if this next correction we've been expecting will happen at all.
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The way the market has moved with all the previous bad news, I would say the DOW hits about 11k in your scenario. :bag:
 
FAZ is an absolute steal at 4.80 here. Someone buying this in the next ten minutes is making boatloads next week.

 
Is Oat serious advocating holding FAZ over the WE?

Also, did anyone else notice that DRYS was up 12% on the day (and 20+% over the last 3 days)? Not bad, not bad. Their earnings already came out, right?

 
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Alias said:
Otis said:
FAZ is an absolute steal at 4.80 here. Someone buying this in the next ten minutes is making boatloads next week.
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I DCA'd down to 4.88 :nerd: boatloads :hot:
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I would never buy FAZ, but I did just sell 2/3 of my FAS @ 9.955. I only made 2% on those, but FAS has been trading between 8.80 and 9.80 lately, and I just don't like the feeling in the market.I do hold some shares at an average of 9.58 in case it blows up.
 
bigfishboy said:
Alias said:
Otis said:
FAZ is an absolute steal at 4.80 here. Someone buying this in the next ten minutes is making boatloads next week.
Click to expand...
I DCA'd down to 4.88 :coffee: boatloads :moneybag:
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I would never buy FAZ, but I did just sell 2/3 of my FAS @ 9.955. I only made 2% on those, but FAS has been trading between 8.80 and 9.80 lately, and I just don't like the feeling in the market.I do hold some shares at an average of 9.58 in case it blows up.
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I've made money on both FAS and FAZ by writing calls on both. They both are apparently sinking over time making the winning play to bet against them. If I was wanting to go short finance right now I'd short FAS and not buy FAZ.Somehow our internet filter is down here today. First day I have been able to be here in quite awhile.
 
GPRE closed at 4.40 (.09 above the 200 day MA) on 7.5x the average volume; 225,000 shares. I cannot stress enough the increase in volume...it's the highest single day level of volume since this company went public in March of 2006. One important factor with the shares of GPRE is the reverse merger last fall. The company with which GPRE merged, acquire about 45% of the GPRE shares at a value of $10, and I don't see these shares hitting the market anytime soon. So to get an idea of the volitility of this stock, go to NASDAQ.com and check out the "NASDAQ Last Sale trade reporting page" for GPRE via the real time quote link. This stock moves quite a few cents on trades as small as 100 shares.

I think this puppy could be just like FEED...once the big boys start noticing it, the gloves are off.

Here's the chart. Please notice that the RSI is over 70, which signals overbought. Take a look at what happened at the end of March and early April as the RSI lingered over 70. There will be a pullback, I believe, and a better price to enter.

With the recent purchase of 2 ethanol plants that are ready to produce, GPRE went from being a lower top 10 ethanol producer to a top 3 ethanol producer, I believe.

Great potential, but a bit of risk.

 
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Just want to add this from thestockprofit.com:

Green Plains Renewable Energy (GPRE) was trading in a strong bullish wave, which is becoming stronger .

Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,

recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading.
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Good luck to all, have a great weekend.
 
Pretty bummed I closed out my short position in NOC so soon. Left some money on the table and keep telling myself to let my winners ride. Anyway, live and learn.

Been eyeballing EMIS for a while after another poster mentioned it. Had a buy order at 1.04 for the last week or so. Yesterday it closed on the low at 1.05. This morning I got filled only to see the stock drop below a buck. Stock went on a nice tear at the end of the day and closed up at 1.21.

I think it spent some time consolidating and is poised to go up into the $1.50 range where there is some resistance.

 
downanddistance said:
itriple said:
Someone picked up 525,000 shares of PRGN in the last minute of trading.Dodds are you not telling us something?
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where do you get this info?
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Volume was huge today and also really big in the aftermarket. Here is the best explanation from the Yahoo PRGN board:Today PRGN was under short attack. You could tell by watching the level II. The good news is under heavy volume we had a higher high & a higher low. Which is the sign that all shorts look for to cover their position. This is why they are covering in the after hours at much higher prices then then the closing price. Also the last trade of the day was for 532,000 shares at $5.28.(((((( My View )))))) - If the BDI is up on Monday, this thing could be a rocketship. Chart the exponential 20 day moving average against the 200 day moving average (free at stockcharts.com) and you will see what the chartist see. It's coming to a boil within the next two days, before moving upward in my opinion.My plan is the following. I want $5.60 now and an additional 5 cents for every day I don't sell that the BDI moves up. If the BDI is up Monday, I will set my sell at $5.65
 
David Dodds said:
downanddistance said:
itriple said:
Someone picked up 525,000 shares of PRGN in the last minute of trading.Dodds are you not telling us something?
Click to expand...
where do you get this info?
Click to expand...
Volume was huge today and also really big in the aftermarket. Here is the best explanation from the Yahoo PRGN board:Today PRGN was under short attack. You could tell by watching the level II. The good news is under heavy volume we had a higher high & a higher low. Which is the sign that all shorts look for to cover their position. This is why they are covering in the after hours at much higher prices then then the closing price. Also the last trade of the day was for 532,000 shares at $5.28.(((((( My View )))))) - If the BDI is up on Monday, this thing could be a rocketship. Chart the exponential 20 day moving average against the 200 day moving average (free at stockcharts.com) and you will see what the chartist see. It's coming to a boil within the next two days, before moving upward in my opinion.My plan is the following. I want $5.60 now and an additional 5 cents for every day I don't sell that the BDI moves up. If the BDI is up Monday, I will set my sell at $5.65
Click to expand...
Where can you find the info on how big the trades are and at what times?TIA
 
downanddistance said:
David Dodds said:
downanddistance said:
itriple said:
Someone picked up 525,000 shares of PRGN in the last minute of trading.

Dodds are you not telling us something?
Click to expand...
where do you get this info?
Click to expand...
Volume was huge today and also really big in the aftermarket. Here is the best explanation from the Yahoo PRGN board:Today PRGN was under short attack. You could tell by watching the level II. The good news is under heavy volume we had a higher high & a higher low. Which is the sign that all shorts look for to cover their position. This is why they are covering in the after hours at much higher prices then then the closing price. Also the last trade of the day was for 532,000 shares at $5.28.

(((((( My View )))))) - If the BDI is up on Monday, this thing could be a rocketship. Chart the exponential 20 day moving average against the 200 day moving average (free at stockcharts.com) and you will see what the chartist see. It's coming to a boil within the next two days, before moving upward in my opinion.

My plan is the following. I want $5.60 now and an additional 5 cents for every day I don't sell that the BDI moves up. If the BDI is up Monday, I will set my sell at $5.65
Click to expand...
Where can you find the info on how big the trades are and at what times?TIA
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NASDAQ.com last sale reporting page for PRGN.After hours trades.

 
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David Dodds said:
Das Boot said:
Dry bulk capacity may reach surplus in H2 Friday, 29 May 2009Dry bulk shipping capacity may reach a surplus in the second half of 2009, pushing charter rates lower, said the president of Cargill Ocean Transportation, a unit of Cargill Inc Shipyards may deliver 56 million tonnes of new capacity this year to transport coal, grains and ore, Gert-Jan van den Akker said in Singapore yesterday. Yards have new orders of 200 million tonnes of dry bulk capacity, evenly split between 2010 and 2011.'We have had a glut of ordering,' Mr Van den Akker said at the Global Trader Summit. 'We don't know how many will come through, but if it's a 100 million tonnes in 2010, it's going to be a bloodbath after that,' he said.Dry-bulk shipping lines need an 'unprecedented' surge in Chinese iron-ore imports to fully use their expanding fleets, according to Credit Suisse Group AG.The Baltic Dry Index, a measure of commodity-shipping rates, fell 76 per cent from a record last year. The measure more than tripled to a record this year to 2,942 points on May 26 after China's stimulus helped revive demand.Demand for ores and grains must typically rise six fold, or about 300 million tonnes, to match the addition in new dry bulk capacity this year, Mr Van den Aker said, based on ships making an average of six trips a year. China was unlikely to increase consumption by that amount, he added. The new capacity may account for about 15 per cent of the existing dry bulk fleet, according to Bloomberg data.The global dry-bulk fleet will likely increase 6.9 per cent this year, Credit Suisse said in a report this month. To utilise the expanded fleet, full-year Chinese iron-ore imports would need to rise 63 per cent from 2008, the bank said.Spot charter rates for dry bulk voyages have collapsed by more than 90 per cent while asset prices have fallen by only 60 per cent, Vivek Agarwal, the managing director at Visa Resources Ltd, said at the conference.'Someone who buys asset prices that dropped 60 per cent is taking a big gamble,' Mr Van den Akker said.Mitsui OSK Lines Ltd, the world's largest merchant fleet operator, may bid for an overseas bulk- shipping line as plunging demand and the global recession send company valuations tumbling, Kenichi Yonetani, a senior managing executive officer at the company, said in an interview in Tokyo on May 25.Pacific Basin Shipping Ltd, Hong Kong's largest operator of commodity vessels, has also said it may bid for bulk-shipping lines as plunging rates press weaker players.
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I love all these stories when they make them one-sided. Look at all of the orders!!!! The reality is many of these were made when the Shippers were doing great (BDI was above 11K) last summer. Additionally something like 25% of the fleet is 25+ years old. These ships wll be retired as new ships come online. These things have a way of balancing themselves out too. So I think this article is presenting things from just one side of this in my opinion.
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DD - thanks for your thoughts, that's what I was looking for, I wasn't espousing the views of the above piece.Any thoughts on PRGN and the other shippers heading into next week?I added more PRGN around 5.30 late last week.
 
Jene Bramel said:
downanddistance said:
David Dodds said:
downanddistance said:
itriple said:
Someone picked up 525,000 shares of PRGN in the last minute of trading.

Dodds are you not telling us something?
Click to expand...
where do you get this info?
Click to expand...
Volume was huge today and also really big in the aftermarket. Here is the best explanation from the Yahoo PRGN board:Today PRGN was under short attack. You could tell by watching the level II. The good news is under heavy volume we had a higher high & a higher low. Which is the sign that all shorts look for to cover their position. This is why they are covering in the after hours at much higher prices then then the closing price. Also the last trade of the day was for 532,000 shares at $5.28.

(((((( My View )))))) - If the BDI is up on Monday, this thing could be a rocketship. Chart the exponential 20 day moving average against the 200 day moving average (free at stockcharts.com) and you will see what the chartist see. It's coming to a boil within the next two days, before moving upward in my opinion.

My plan is the following. I want $5.60 now and an additional 5 cents for every day I don't sell that the BDI moves up. If the BDI is up Monday, I will set my sell at $5.65
Click to expand...
Where can you find the info on how big the trades are and at what times?TIA
Click to expand...
NASDAQ.com last sale reporting page for PRGN.After hours trades.
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Thanks for the link.I must be an idiot. When I look at that table I don't understand how 532,000 shares in the last minute is represented. At least I don't see an entry for "532,000". What I'm I missing?

 
Something I found interesting from Yahoo's Message board.

When an investor buys a dry bulk shipping stock, they are effectively buying into the Baltic Dry Index. The amount of exposure depends on the individual stock. Some companies, such as DryShips (DRYS), have most of their ships contracted out at the spot Time Charter Equivalent. This means that the contracts are directly correlated to the daily price of the BDI. Thus, their revenues are directly tied to the index. In times of increasing prices, this set up will yield greater profits for the shipper. Other companies, such as Diana Shipping (DSX), have contracts set at the period Time Charter Equivalent. This means that they enter into a contract, usually 2-5 years in length, which pays a fixed daily rate. This set up provides less volatility, hedges risk against falling BDI rates, and guarantees cash flows. I felt this was an interesting piece of information for those that may not understand the significance of the daily BDI postings daily ...hopes this helps

 
Baltic Exchange Dry Index 3681 UP 187

BCI Baltic Exchange Capesize Index 6549 UP 424

BPI Baltic Exchange Panamax Index 3093 UP 193

BSI Baltic Exchange Supramax Index 1835 UP 4

BHSI Baltic Exchange Handysize Index 870 UP 6

I am setting my price on PRGN at $5.65 since the BDI is up

 
Im moving up my PRGN target from $7 to $7.25. I have a feeling it will hit this week.

Dodds it is already $5.58 in pre-market.

ROCKETSHIP!!!!

 
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FavreCo said:
moderated said:
The Ref said:
You never want to be the one to catch the falling knife, but at some point GM has to rebound.
Click to expand...
no it doesn't. most likely common shareholders will be wiped out.
Click to expand...
Anyone in GM right now, better run screaming because the odds favor that your share value is zero on Monday.
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and ZERO is it.The plan is for the federal government to take a 60 percent ownership stake in the new GM. The Canadian government would take 12.5 percent, with the United Auto Workers getting a 17.5 percent share and unsecured bondholders receiving 10 percent. Existing GM shareholders are expected to be wiped out.

 
David Dodds said:
David Dodds said:
itriple said:
Im moving up my PRGN target from $7 to $7.25. I have a feeling it will hit this week.ROCKETSHIP!!!!
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OK, now I want to hold out for more. I have 15K shares set to sell at $5.65. This would be a nice little profit for me.
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ah screw it....pulling the sell order for now. I want to watch this at the opening.
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Just went from 5.65 in pre-market to 5.37...bid/ask is 5.58/5.59. Someone got hosed with a after hours market order.
 
Solars up today.

Big boys are upgrading (pumping). Wish they would hold off because they currently don't need pumped.

June 1, 2009

08:14 EDT STP theflyonthewall.com: Suntech upgraded to Overweight from Equal Weight at Morgan Stanley

Morgan Stanley upgraded Suntech based on cost reductions, attractive IRR's, and benefits from a global recovery. Target raised to $20.10 from $7. :theflyonthewall.com

07:49 EDT STP theflyonthewall.com: Rec-Upgrade story about STP from Credit Suisse

As mentioned earlier, Credit Suisse upgraded Suntech to Neutral from Underperform. The firm is more comfortable with solar demand in China and new incentives. Target to $16.50 from $8.50. :theflyonthewall.com

 
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