Stock Market Thread - ALL COMBINED

MadJack

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damn people taking out their profits and it couldn't hold.

i get too emotional. this is a long hold for me anyway. i would have been happy with .89 today :)

maybe momentum will come back :shrug:
 

vinnie

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damn people taking out their profits and it couldn't hold.

i get too emotional. this is a long hold for me anyway. i would have been happy with .89 today :)

maybe momentum will come back :shrug:

maybe it would be a good idea to take some yourself & hold the rest :shrug:
 

MadJack

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i agree that taking some off is most likely a wise move but nobody ever made a nice score without taking chances. maybe i'll kick myself later for not taking the profits but i'm holding pat for now. it's about 45% gainer right now too.

i'm convinced that this stock is $5 within a year and much higher later on.

maybe i'll take some out of my cash account around the $2 mark and let the IRA ride.

I don't really know.
 

dawgball

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i agree that taking some off is most likely a wise move but nobody ever made a nice score without taking chances. maybe i'll kick myself later for not taking the profits but i'm holding pat for now. it's about 45% gainer right now too.

i'm convinced that this stock is $5 within a year and much higher later on.

maybe i'll take some out of my cash account around the $2 mark and let the IRA ride.

I don't really know.

Just to put some numbers on that:

Sell half your shares right now for a virtual free-roll.

Then if it gets to $5.00 within a year, then you are looking at a $136,000 gain with zero risk of personal loss.

but nobody ever made a nice score without taking chances.

You have a decent opportunity to do so here... unless $136K isn't considered a nice score :moon:
 

djv

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Dawg good move on F. I had a hunch it was going to work. Now if we can get it back under 3 it can be played again..
 

dawgball

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Looking for a total market pullback now, so my DXD shares can sell at 62.00.
 

dawgball

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Dawg good move on F. I had a hunch it was going to work. Now if we can get it back under 3 it can be played again..

Thanks, djv. It's weird but when you posted a positive comment, it does make it feel better. Trading psychology is a weird animal.
 

djv

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MJ it,s HARD in one day to sit on a 40cent gain on 6000 shares that cost .75. I move fast most times when this happens. BUT THEN MAYBE.
 

dawgball

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MJ it,s HARD in one day to sit on a 40cent gain on 6000 shares that cost .75. I move fast most times when this happens. BUT THEN MAYBE.

You could sell 4,000 of your shares and have a free-roll as well.

2,000 shares held until $5.00 isn't the worst investment you'll ever make when you could be risk-free from this point forward.

This is just my opinion, though.
 

MadJack

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i hear ya, dawgball and what you said is on my mind. thanks.
 

MadJack

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MJ it,s HARD in one day to sit on a 40cent gain on 6000 shares that cost .75. I move fast most times when this happens. BUT THEN MAYBE.

well, djv :)

i'm a little disappointed that it came back from it's high of $1.18 but I never expected it to hit .97 today either. no stock is going to just shoot straight up and prior to today i was just hoping that it would at least hang around the 70's and 80's till the end of the month deadline when we expect the news of the financing.

i could have profited nicely by trying to time the high and sell off but i decided some time ago to play this long and hope for the best. i'm still hoping :D

i gave up trying to buy and sell and buy and sell. been burned a few times too many.
 

djv

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This is a toughone because I do believe MJ is right. But I don,t know if I coiuld wait for 5 bucks. But I do know that Dawgball is right to say take a little proffit. So I did but held on to 2500 shares. Just a shade differant then his suggestion. Now I wait. We should know in 30 days what the trend will be. I hope Jack is right. If he is this could be more then 5 bucks.
 

vinnie

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