Now that it has been deemed permissible to discuss individual stocks, and so as to avoid "hijacking" the boring thread about the overall stock market volatility, here is where we can discuss our individual investments, our triumphs and our failures.
My trades are available for viewing on www.cakefinancial.com as well as on Zecco, in the event anybody cares to follow on a day by day basis.
Otherwise, suffice it to say, for now, that my fortunes rise and fall with Apple, E*trade and a host of other stocks, and I while I care very much about how the market does overall, it is not as interesting to me as what people actually hold in their portfolios.
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Not at all, and it is not about me in the least. I just don't like hearing about people whining that the general volatility thread should not be about individual stocks!
DavidScubadiver said:Not at all, and it is not about me in the least. I just don't like hearing about people whining that the general volatility thread should not be about individual stocks!
ok ... so I'll start us off with penny stock ... Vitesse Semiconductor ... vtss.pk trading at about .23 .... just reach a major resolution/dilution with bond holders seems to have avoided BK for now
I have never traded in the pink sheets. Closest I have come to them is GM and Lehman and now E*trade. I do not believe there is enough disclosure or liquidity in most stocks I've never head of.
ETA: What is up with all of the volatility today!
Message edited by: DavidScubadiver on 2009-10-26 11:36:35 CDT
I have stock in an Australian company, Clinuvel, with a drug that provides protection from UV rays by inducing production of melanin, ie, an all over tan. Maybe a little risky, but certainly fun to read about. (ASX: CUV, ADR/Pinksheets: CLVLY) It's been good to me thus far, but the big jump will be if it's approved, which is a big if.
I bought Lehman when it was pink-sheeted, at .04/share, then sold for .22/share. I still own uxg, bought at .60/share, it's now high $2-low $3/share. I love penny stock, just don't find much I am interested in. I also own stock in INFN, HA, PRPX. And my stocks are worth more than what I initially invested, not by much, but still, nowadays....
Try titanium metal (TIE) for a nice titanium play. It has been recommended by the Motley Fool newsletter. I own a lot, so far performance has been mixed due to different buy in prices.
E*Trade continues to drift downward ahead of the earnings news after today's close. I continue to be as nervous as a long-tailed cat in a room full of rocking chairs. This was a stupid gamble I made but I will see it through tomorrow and take my lumps if necessary.
Today I sold the last 340 shares of Apple that I owned. It was a great ride and somehow I think I will buy again when the spirit moves me. It was a rash decision and now I have to find a home for all that cash.
Message edited by: DavidScubadiver on 2009-10-27 09:27:20 CDT
Fail: Investing house down-payment money and being down 50% in March
Triumph/Fail: Making deal with devil to not play this game with money I need if...........
Triumph: Wife did not file for divorce, up over 100% from March to make it all back, selling 85% of all taxable accounts and moving money to online savings. Savior stocks were TC, JPM, USB, WFC, KGC, GG (hate all of them now.....thx lucifer!)
DavidScubadiver said:E*Trade continues to drift downward ahead of the earnings news after today's close. I continue to be as nervous as a long-tailed cat in a room full of rocking chairs. This was a stupid gamble I made but I will see it through tomorrow and take my lumps if necessary.
Today I sold the last 340 shares of Apple that I owned. It was a great ride and somehow I think I will buy again when the spirit moves me. It was a rash decision and now I have to find a home for all that cash.
Once the etrade fall stabilizes, I think it will be a good short term investment stock again. It is very volatile and has strong possibilities for upswings.
I do not know what you mean by fall stabilizes, but I assume we will know more after the bell in terms of whether it is going to surprise with earnings and hopefully start an upward climb instead of going down the toilet.
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