Stock Market Thread - ALL COMBINED
- Thread starter vinnie
- Start date
Well, I am NOT a daytrader, but I have read quite a bit about it...jack and some others on here who have been trading often, know a lot more, but right now nobody really knows, LOL...
I think there are a few places out there with more widespread interactive wagering than wsex, but i'm not sure who....some places literally let the customers set the market for pointspreads, which is interesting..WSEX's is pretty good but only for the main games on tv, they have added a lot lately though over the past few years...Also what you can do is, "short" a team just like you'd short a stock, which is pretty cool, and you can "short" ateam to like win a championship or something, though it may not pay a lot....I'm sure you probably know this already, but it is VERY risky and addicting with those interactives....that being said, there is profit if you pick spots carefully and can notice how a game is going....ie, they stop trading during key plays so the market doesnt go crazy, but if you see a team get down early and think it wont continue, you can get in for a nice price! and for baseball, they have betting on at-bats which is sick as well..
day-trading wise...again, I don't do it so this is only 2nd hand advice, others can better answer....there is a GREAT thread on a well-known poker site, in the 'business/investing' section, which answers tons of things....you pretty much need a lot of cash and/or a lot of margin, and have to get in/get out of positions quickly....quite difficult but not impossible given the volatility lately...a million different strategies....I'd say it is easier than the interactives only bc there are many more options and things you can do.....Currency trading is very liquid but youd have to research that yourself....lol all this stuff is all gambling, but some more informed than others for sure.....yeah both live-betting on games, and day-trading are very fun, and can be beaten, but very difficult i surmise and you have to be extremely disciplined...just my 2 cents
somethings up with actc......acting real strange
rumors of buyout...j/v..something.
rumors of leaving the pink sheets and heading to otc on its way to nasdaq within 6 months.
who knows.....interesting to see how it plays out.
nelson-
I can answer when i have more time. matchbook if i'm not mistaken is completely driven by user pricing. limits are really low, from looking at a quick glance on it. never used it so can't comment more.
wsex live betting has gotten much tougher to beat in the last few years. i only use it for american idol and future markets and golf, not individual games. they used to be so slow on the pause button you had an edge, but now they pause games for everything. their liquidity or actual market make up is much less than it used to be. sometimes you can't get whole orders filled and you really are at their mercy. not going to not recommend it, but i think for futures, long term events its a must, but for individual games it doesn't appeal to me, because they aren't regulated like the market nor do they have the action to fill orders in timely fashion. if however you are betting peanuts and want to have some fun, its worth it and can be addicting i'm sure.
gl
rumors of buyout...j/v..something.
rumors of leaving the pink sheets and heading to otc on its way to nasdaq within 6 months.
who knows.....interesting to see how it plays out.
nelson-
I can answer when i have more time. matchbook if i'm not mistaken is completely driven by user pricing. limits are really low, from looking at a quick glance on it. never used it so can't comment more.
wsex live betting has gotten much tougher to beat in the last few years. i only use it for american idol and future markets and golf, not individual games. they used to be so slow on the pause button you had an edge, but now they pause games for everything. their liquidity or actual market make up is much less than it used to be. sometimes you can't get whole orders filled and you really are at their mercy. not going to not recommend it, but i think for futures, long term events its a must, but for individual games it doesn't appeal to me, because they aren't regulated like the market nor do they have the action to fill orders in timely fashion. if however you are betting peanuts and want to have some fun, its worth it and can be addicting i'm sure.
gl
:mj07: :mj07: :mj07: as per usual, you did NOT see me say that i know nothing about it....all i did was spout general stuff i have READ, sir....read what you want to read, i assume?
I'll clarify it then. NYSF is exactly the person to listen to regarding day trading. He has important 4th hand information to dispense as he knows nothing about it. Good luck to you, Nelson.
LOL....I didn't really give any "information", my man....moreso stating the obvious....get back to work!
If you had purchased $1000 of shares in Delta Airlines
one year ago, you will have $49.00 today.
If you had purchased $1000 of shares in AIG
one year ago, you will have $33.00 today.
If you had purchased $1000 of shares in Lehman Brothers
one year ago, you will have $0.00 today.
But---- if you had purchased $1000 worth of beer
one year ago, drank all the beer,
then turned in the aluminum cans for recycling refund,
you will have received $214.00.
Based on the above, the best current investment plan
is to drink heavily & recycle.
It's called the 401-Keg.
one year ago, you will have $49.00 today.
If you had purchased $1000 of shares in AIG
one year ago, you will have $33.00 today.
If you had purchased $1000 of shares in Lehman Brothers
one year ago, you will have $0.00 today.
But---- if you had purchased $1000 worth of beer
one year ago, drank all the beer,
then turned in the aluminum cans for recycling refund,
you will have received $214.00.
Based on the above, the best current investment plan
is to drink heavily & recycle.
It's called the 401-Keg.
that's matchbook. but most of that is still just regular before-game betting, right? or do they allow you to make bets during the games?
i want the LIVE action. more than the two games a night matchbook and wsex offer live. that's what i cant find out there. dont think any other books offer live betting, except on occasional events like super bowl. so i want to know of new books or ways to do live stuff in stocks or currencies.
lines are bad though. i use them only for live wagering. their dead lines average 20c and laughably worse for tennis and such. 5dimes is the way to go if you cant get pinnacle. no one has really stepped into the reduced juice market since the fed attacks.
i agree on the addictive, disagree on risk. i have found live to be a lot less risky.
nice, looking forward to that. enjoyed the live betting on japan-usa last night. baseball is annoyingly slow but it seems to work just about perfectly for live betting, whereas you're getting paused to death in basketball.
interesting - the "more options" is why find live easier than regular betting. well day trading is worth some research. you dont read about people doing it these days like you did last decade in the dot.com boom.
perhaps some of these people who think they're geniuses when the market goes up (and victims when it goes down, lol) are realizing that they are gambling every bit as much as sports bettors are. nah. i doubt it.
interesting, nysf, and thanks for the thoughts.
others are welcome to chime in, please do.
electronic shuffleboard killed the oldtimers.
as for actc....it is off the pinks as of tomorow and on otcbb.
rock chalk FU
gl
much appreciate the insight.
yeah i think it's all users. i have signed up but not tried it yet. they just lowered commission to 1% from 2% and pay .2% to those making accepted bids, something like that. as of a couple days ago. i'm going to try it by the summer and see how it compares to wsex.
why is this? just general depression plus fed crackdown?
definitely seen this. almost every multi-contract attempt ive made in the last week came back partially filled.
interesting. it's illuminating to read your veteran's perspective, and thanks for sharing. from mine as a rank newcomer to LIVE betting (10 year veteran of regular, pre-game, 'dead' betting) it seems easy compared to regular betting. to hear these times are nothing compared to the early fat years makes me wanna puke. must have been like a free money table.
for those of you who have never tried live betting let me say... if you have the ability to sniff when a run of play is going to reverse, live betting is your bag.
Although I've taken a hit on the stem cell companies, I found this....
SANTA MONICA, Calif., March 25 /PRNewswire-FirstCall/ -- Cord Blood America, Inc. , the umbilical cord blood stem cell preservation company (http://www.cordblood-america.com) focused on bringing the life saving potential of stem cells to families nationwide and internationally, is pleased to announce that its shareholders at a Special Meeting on March 23, 2009, have overwhelming approved management's proposal to increase the number of authorized (not outstanding) common shares. The vote is being certified, at which time Cord Blood America will file the results with the U.S. Securities and Exchange Commission.
:shrug:
SANTA MONICA, Calif., March 25 /PRNewswire-FirstCall/ -- Cord Blood America, Inc. , the umbilical cord blood stem cell preservation company (http://www.cordblood-america.com) focused on bringing the life saving potential of stem cells to families nationwide and internationally, is pleased to announce that its shareholders at a Special Meeting on March 23, 2009, have overwhelming approved management's proposal to increase the number of authorized (not outstanding) common shares. The vote is being certified, at which time Cord Blood America will file the results with the U.S. Securities and Exchange Commission.
:shrug:
- Feb 12, 2000
- 10,652
- 39
- 48
- 50
We donated cord blood with both of our children. It is a way to get very usable stem cells without destruction of embryos.
Some areas have it set up where it is free to do. Atlanta is one of them. Nashville is not, so it cost us about $40 to have it sent off for donation.
