Fantasy Football - Footballguys Forums
This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!
My Stock Value Strategy Starts Now (2 Viewers)
- Thread starter David Dodds
- Start date
parasaurolophus
Footballguy
Ok so I took a total gamble on this one. Bought in at .04 sold the next day at .05 and held the free shares. It was just announced tonight that the well they struck oil in is producing 1200 barrels a day and should exceed 1400 per day.Anybody have any thoughts on what this stock will do tomorrow?
KGB
Footballguy
Yea. I was in this before the big jump and sold a few days before. I'm so impatient. Grr.
David Dodds
Administrator
Although I will likely miss badly here, I am going on record that this is going to be a bottom of sorts. I think we have a sideways day tomorrow and then start moving upward again. I think the correction is already priced in the market. But even with that belief I am just staying with my Shippers and a few other plays as everything appears super jittery.
The Ref
Footballguy
Not to be missed here the USD index cracked 81.1 for a moment today. That's the first time it's moved out of the 79-81 range. Now I can't call what the market will do tomorrow, and I defiantly can't tell you what the Fed or other market movers will do to prop up the dollar. But who here thinks the USD is going to stage a major rally at this point? The other thing to consider here is the gears of war are starting to turn for another stimulus package. If that happens I think it's reasonable that the markets will rally in a big way, and it will rally even more for non USD stocks.
siffoin
Footballguy
Trail/stop on DDG triggered at $66.52.DDG & SBB are nicely profitable. PUI is pretty flat.I got DBB Oct 15 puts @ $1.20...now @ $1.475DBC Oct 22 Puts @ #1.35 now @ $2.05DIA Sep 82 Puts @ $3.40 now @ $4.35Beginning today I have a 4 day match play golf tourney...and I've put some trailstop orders in because I can't watch the market. I HATE TO DO THIS...but I'm not going to let these gains get away from me.Here is the BIGGIE:SP500 has rolled over on daily charts. The QQQQ if it closed below $34.50 will roll over today. DIA rolled over end of June. This is confirming the daily trend is down on all 3 major indexes. Long plays are swimming against the current. If you own long stock...and want to keep it...this is the place you write ATM calls.So here is where we are atBargains. Really?I guess where some people see the so-called "green shoots" in the economy as a positive...the "green" I see sprouting up are noxious weeds.These days, be careful of what the whores and shills of wall street have to sell.I have 3 on-going trades made a few days ago.DDG at $61.97...now at $63.50PUI at $13.86...now at $13.86SBB: at $50.30...now at $50.85.Taking positions today inIA, DBB and DBC via puts (Oct and Dec).Reviewing Pro and Powershare etfs. The following are now on Daily Sell Signals
XR, PEF, PBD, PMNA, DBB, DBC, PAGG,PSAU, PSTL, PDP, PPA, PUW, PJB, PHB, PXI, PXE, PRN, PBS, PXJ, PMR.MANY MANY OTHERS CLOSE TO ROLLING OVER.SPY and QQQQ are range bound...right now bias is to the downside...on a daily chart. DOW is a SELL.Summer time is often traded in a range. So I'm not very comfortable being on the short side.Most likely going to be closing up "shop" in an hour or so. Then it is golf for about 10 straight days.
NajehHejan
Footballguy
Thanks for the tip. This stock has my name written all over it. I'm in first thing tomorrow morning for about $1,000 worth, if I can get in at .05 or .06. Looks like this thing could make a nice run. Just have to keep your eyes glued to this thing as these pink sheet stocks can turn on you real quick. This thing traded in the low 20 cent range a few years ago. Check out the below thread (great forum for penny stocks):http://www.hotstockmarket.com/forums/showthread.php?t=49861
This is LJ
Footballguy
Nice play. What other ETF names you looking at now?
parasaurolophus
Footballguy
no problem. I just know emotions run high with oil. Figured if the volume coming out of the ground was anything worth mentioning this stock could be golden. If not oh well. I only own 4000 shares so it really isnt anything huge. I will be buying right away if I can cheap, otherwise I will take my free profits and be perfectly happy.
Baltic Exchange Dry Index 3018 DOWN 89
BCI Baltic Exchange Capesize Index 5037 DOWN 299
BPI Baltic Exchange Panamax Index 2914 UP 17
BSI Baltic Exchange Supramax Index 1782 UP 33
BHSI Baltic Exchange Handysize Index 779 UP 13
All of PRGN ships are up again despite overall BDI down. Capesize rates are crap.
BCI Baltic Exchange Capesize Index 5037 DOWN 299
BPI Baltic Exchange Panamax Index 2914 UP 17
BSI Baltic Exchange Supramax Index 1782 UP 33
BHSI Baltic Exchange Handysize Index 779 UP 13
All of PRGN ships are up again despite overall BDI down. Capesize rates are crap.
parasaurolophus
Footballguy
did you get in?
lod01
Footballguy
No idea why everyone didn't load into FAZ. It's up 858% today says yahoo.
Finally those yahoo message board idiots who said it was going back to 30+ are 'somewhat' right. Too bad it had to reverse split to get there.FAS up a measly 412%.
Last edited by a moderator:
NajehHejan
Footballguy
I put in for 44,600 @ limit .05 and it filled 600 shares and left the other 44,000 open. Argggghhhhh. So I paid 9.99 for a $30 transaction. JaxBill, how did you get in at .049? Nice move. This thing is now bouncing back and forth between .055 and .06 so I canceled my pending 44,000 shares.
NajehHejan
Footballguy
Been re-accumulating HEB over the past few days. Can’t resist at these prices. Now in for 1,900 @ $2.19 average. Wish I had started buying today instead of Tuesday, but oh well. Go HEB!
parasaurolophus
Footballguy
that sucks! looks like it is starting to climb now. Ask just hit .07
JaxBill
Footballguy
I put in a limit buy at .05 at around 8:30, hoping it would get filled at opening. I went to check at 9:28 and the ask was still .048. I was going to up the limit to .055 if the ask was higher. Maybe I was further ahead in line?
parasaurolophus
Footballguy
what is your exit point?it is now at .08
JaxBill
Footballguy
I don't know, I'm trying to figure that out myself. According to their PR, this one well could be worth 19 Mil in revenue annually. I think that number is high because it's based on 65 dollar oil. Even if it's really 15 MiL in revenue, that's a pretty substantial number for a stock with 37 mil shares outstanding. I might sell half at .10 (if it gets there) and then sit on the rest for a while. I definitely want to sit on some shares for a while because even if only a fraction of these wells produce this could really explode.
KGB
Footballguy
Were in the money baby :thumbsup:
parasaurolophus
Footballguy
parasaurolophus
Footballguy
seems to be holding with the bid at .085ETA now at .093
Last edited by a moderator:
KGB
Footballguy
Lol no. I try not to look at the yahoo boards.
David Dodds
Administrator
Wow what a difference a day can make. Lost a fortune yesterday, but on paper making a lot back right now...Go SBLK! I need FREE to bounce back too.
Year to Date Profit = $133,088
Last Trades Realized Gains/Losses: Loss = -8,101
Sold 5,000 CENX - Profit = +238
Sold 500 FCG - Loss = -437
Sold 13,000 COIN - Loss = -550
Sold 30,000 CNB - Loss = -3,350
Sold 1,000 FEED - Loss = -382
Sold 1,000 FEED - Profit = +378
Sold 1,000 UNG - Loss = -1682
Sold 400 CHK - Loss = -2092
Sold 10,000 PRGN - Loss = -224
Holding:
3,000 HEB @ 2.23 - Still hoping for good news here.
7,000 PRGN @ 3.54 - Still looking at adding here. Used the volatility over the last few days to get in cheaper here.
5,000 KERX @ 0.83 - Love this price. Seems like an easy wait and sell at a high point.
25,680 FREE @ 1.96 - The other Dry Shipper I love at these reduced prices. Their earnings will be stellar again too. I am going to keep adding at below $2.00 here
9,000 SBLK @ 3.27 - These guys will have stellar 2nd quarter earnings as well. Although this is up huge today, I am holding until over $4.00
Year to Date Profit = $133,088
Last Trades Realized Gains/Losses: Loss = -8,101
Sold 5,000 CENX - Profit = +238
Sold 500 FCG - Loss = -437
Sold 13,000 COIN - Loss = -550
Sold 30,000 CNB - Loss = -3,350
Sold 1,000 FEED - Loss = -382
Sold 1,000 FEED - Profit = +378
Sold 1,000 UNG - Loss = -1682
Sold 400 CHK - Loss = -2092
Sold 10,000 PRGN - Loss = -224
Holding:
3,000 HEB @ 2.23 - Still hoping for good news here.
7,000 PRGN @ 3.54 - Still looking at adding here. Used the volatility over the last few days to get in cheaper here.
5,000 KERX @ 0.83 - Love this price. Seems like an easy wait and sell at a high point.
25,680 FREE @ 1.96 - The other Dry Shipper I love at these reduced prices. Their earnings will be stellar again too. I am going to keep adding at below $2.00 here
9,000 SBLK @ 3.27 - These guys will have stellar 2nd quarter earnings as well. Although this is up huge today, I am holding until over $4.00
Last edited by a moderator:
David Dodds
Administrator
This was clearly the case the last time. I think this makes sense and is something I will probably be employing soon too.
This is LJ
Footballguy
Is the concept the same as holding both FAZ and FAS? Guaranteed incremental returns if I understand this correctly, regardless of how you the market goes.EDIT: But what if it just stays flat? Are you out of the money?
Last edited by a moderator:
Alias
Footballguy
I forget the error I received but ETrade would not allow me to short FAS.
Mark Davis
Footballguy
I was able to essentially play them short by selling calls.
It's been brought up before in this thread but it's almost impossible to get shares available to short on those ETF's. Basically the only way to go "short" is to sell calls or buy puts.
parasaurolophus
Footballguy
i banked profits and sold at .085. Still holding free shares for the long haul in case those other wells are worth as much as this one.
parasaurolophus
Footballguy
what was with the order at $2.25 for HEB?
ETA nevermind appears to be an error. My Ameritrade says a high of 2.25, but I dont find it anywhere
ETA nevermind appears to be an error. My Ameritrade says a high of 2.25, but I dont find it anywhere
Last edited by a moderator:
parasaurolophus
Footballguy
this stock is crazy.
Otis
Footballguy
It's starting to run. In the interest of full disclosure, I might tell you that two days ago I dumped all my other holdings and am all-in on this. I might do that, if I had a death wish and wanted this stock to plummet. So I just won't say anything.
parasaurolophus
Footballguy
well if that was true I might say you have a huge set of brass balls. No wonder you need to pay 300 bucks for some custom fit jeans.
Boulder Toads
Footballguy
added 1000 PRGN at 3.46
NajehHejan
Footballguy
I’m very upset with myself for missing out on the PGNE boat. I don’t’ know why I didn’t put my buy order in last night or just do a market order this morning. I knew this stock was going to go up 50-100%. I missed out on $1,000-$1,500 profit when I had already called it. I still have a lot to learn with regards to buying stocks. If this thing dumps as predicted at close, I may buy in. This stock is still relatively unknown. The penny stock email alert services haven’t sunk their teeth in this yet. I still think it has potential for more pump and dump. I could see this dumping at close then mass emails going out tonight on it to try to enlist more bagholders.
parasaurolophus
Footballguy
I will also be looking to hop back in if it dips. Sounds like this one oil well pretty much makes them profitable. If they can hit with a few more, this thing should be golden.ETA Do you think it would have mattered if you put your limit order in at .052? That is what I did this morning and my order got filled immediately. I actually put my limit in at .055 first, but ameritrade wouldnt let me do it so high above the ask.
Last edited by a moderator:
NajehHejan
Footballguy
Yeah, I too use Ameritrade, and they only let you go 10% above the ask. So I guess I could have put it my limit at .0528, since the ask was .048 at the time. After my partial fill of 600 measly shares, I considered upping my limit to .06, but I was too afraid of chasing the ask and having the MM hook me into buying at .07 or something and then it tanking all the way down to .0001. I've seen so much shady stuff with these penny stocks that my balls aren't very big anymore.
parasaurolophus
Footballguy
KERX flying. I sold half my position at .8999. I was more into this than I wanted to be. Just kept adding as it fell.
This is LJ
Footballguy
Hmm, anyone feeling the bearish sentiment on the market? Today was supposed to be the up day. Alcoa beats on the bottom line, but 2nd 1/2 forecast in demand, auto industry, etc was real weak. Yet here they sit down from yesterday's close. Hard to get long anything at this point, seems like the downward pressure is keeping any rally in check. I think the financials could lead a small rally yet, as I think earnings might beat (think of all the dilution there's been; ibanks are the facilitators). But I think this baby is going down. We've only corrected 21% of the March-June rally. We've got some room to drop.
Short: SMN
Mulling: Short retail, Short Dollar (UND), Short Large Cap 3x, Short Financials (Post earnings) (FAZ), Short SPY
Long: Gold Miners, Silver ETF
Short: SMN
Mulling: Short retail, Short Dollar (UND), Short Large Cap 3x, Short Financials (Post earnings) (FAZ), Short SPY
Long: Gold Miners, Silver ETF
Last edited by a moderator:
Mose
Footballguy
I'm still upside down in this for a small amount of shares (2000). I plan on just holding it for a long time and seeing what happens. It seems very safe in the long run.
David Dodds
Administrator
woohoo, KERX tripped at 0.90 for me...
Penguin
Footballguy
I added 3000 PRGN at 3.46I can't help myself
