at $2.75 a share and they're already up to $4.07 right now. if you guys got some ching then throw it in there RIGHT NOW.

in case you didn't hear the news (http://story.news.yahoo.com/news?tmpl=story&cid=796&e=2&u=/eo/20041006/en_celeb_eo/15083), then check it out. this is a perfect long-term investment.

When I heard about this I knew it was going to make someone a whole lot of money. Glad you got in on the ground floor Tony.

my parents bought some too

This stock is on his way up right now after plummeting to about .50 a share in 2000... Considering that the last time it closed at 5 bucks it was back in April of 2002, I would sell it if it reaches the 5 line.


PS: Hoo Hoo going to Sirius is not gonna change much. Sirius stock was worth about 40 bucks once, but is not gonna hit that mark in while IMO.

we just bought 500 shares today.

i have no clue how to buy shares. i have an account with some ShareBuilder ****, but still have no clue how this stock **** works.

you have to deposit money into your sharebuilder account. then you use that money to buy & sell stocks. so if you have $1,000 in your account and see a stock that's priced at $25 a share then you could buy up to 40 shares of that stock. you just enter the stock's "ticker symbol" (SIRI for the ones i just bought) and then they'll give you the option to buy shares of that company.

you can put your $$ into all one company or get several companies. you can sell whenever you'd like but i usually don't "day trade" so i'll hold on to companies for a long period of time.

ok. nice explanation, didnt know it was so easy. still dont know how to read this ****. what if i only got $20 in my account?

perhaps this will help you help me? lol.......



http://members.aol.com/starchild52/share.jpg

dude, you can't trade with a $20 balance

hahaha. niiiice. i just bought 1 share. youll have to show me how this **** works. i hate not being rich. its like you gotta be rich to get rich. i ****ing hate it.

haha!!! well don't feel bad. i just found out that i actually bought em at $3.75 and not $2.75 so that's a good proof of my sheer idiocy.

what else do you want me to show you? all you gotta do is just buy and sell. course you wanna know what yer buying the whole idea is to buy low & sell high. everyone has their own methods of investing and picking buys. as you can see, i don't apply the whole "logic" thing into my stradegies. normally i just got on my gut feeling. so far, i've never lost on a sale but, then again, i don't sell most of my ****.

That's Awesome Tony. I have a friend that wanted to do that but doesn't really have the money for it I'm like well a few shares is better than none right?

as you can see, i don't apply the whole "logic" thing into my stradegies.


The evidence is in the fact that he can't even spell it.

The evidence is in the fact that he can't even spell it.

Classic Allison.

haha!!! well don't feel bad. i just found out that i actually bought em at $3.75 and not $2.75 so that's a good proof of my sheer idiocy.

what else do you want me to show you? all you gotta do is just buy and sell. course you wanna know what yer buying the whole idea is to buy low & sell high. everyone has their own methods of investing and picking buys. as you can see, i don't apply the whole "logic" thing into my stradegies. normally i just got on my gut feeling. so far, i've never lost on a sale but, then again, i don't sell most of my ****.
well whats the difference between the 2 options that they are giving me?
(ie. Real Time Trade & ShareBuilder Plan)

The evidence is in the fact that he can't even spell it.

pipe it woman

Yeah Alison I mean you can't alwayz corect everbodyies speling what fun is that. :-P

pipe it woman


LOL Tony :laugh3:

http://chart.finance.yahoo.com/c/3m/s/siri.gif

A lot of new cars are coming equiped with satt. radio. Good investment, even though there's a hack out for it now you should be able to make some money before the hack goes public.

well here's an interesting thread 2 reminisce on. ah yes, i do remember buying these and it's nice to see how everyone shared my prediction on satellite radio taking off. course i didn't expect podcasting and all this other ****in **** 2 take off immediately afterwards.

funny thing is, i do recall the share price getting up to the mid $9s several months after i bought it. sold it a few months ago for exactly the same price i bought it for. what a return!

well here's an interesting thread 2 reminisce on. ah yes, i do remember buying these and it's nice to see how everyone shared my prediction on satellite radio taking off. course i didn't expect podcasting and all this other ****in **** 2 take off immediately afterwards.

funny thing is, i do recall the share price getting up to the mid $9s several months after i bought it. sold it a few months ago for exactly the same price i bought it for. what a return!

Did you make a profit?

Is the US dollar worth more today than it was back then?

Did you make a profit?

Is the US dollar worth more today than it was back then?

he says he broke even, and the US dollar is worth less today, a lot less... how is smelly elly? damn i'd like to poke her in the guts

he says he broke even, and the US dollar is worth less today, a lot less... how is smelly elly? damn i'd like to poke her in the guts

So that means he lost cash.

Owned.

Elly's smelly fanny has genital warts, it's been proven.

Elly is so smelly she makes jelly look like Enzo Maccarinelli.

Profit taking is your friend.

Remember, Bulls make money. Bears make money. Pigs get slaughtered.

Don't be greedy. People always want to hold onto that stock just a little bit longer. They always thing it will go a little bit higher, or if its down, they always thing, well I'll just hold onto it until it goes back up.

By the time they realize the need to sell, it's too late, and they have already lost most of their investment.

An example:

About a week ago I bought 1000 shares of COIN at 7 dollars.

3 days later it was up 68%.

I promptly sold half of my position (500).

The next day, I was up to 80% gains. I let it ride. It went down to 70% and I sold half of what I had left (250).

What I did is called hedging. If it took a dump, I would have been insulated because I already took profits on half of the stalk.

the remaining 250 share, Im letting them float. as this was intended to be a longterm play, that got caught up in some short term volatility,

If anyone actually has any questions for me, I am a day trader by profession .

very ****in true. lesson learned.

You got jipped. No such thing as "Sirus" stocks.

;)

should have let it ride till the sirius/xm merger gets pushed through the FCC later in the year. That should bring the price up

An example:

About a week ago I bought 1000 shares of COIN at 7 dollars.

3 days later it was up 68%.

I promptly sold half of my position (500).

The next day, I was up to 80% gains. I let it ride. It went down to 70% and I sold half of what I had left (250).

What I did is called hedging. If it took a dump, I would have been insulated because I already took profits on half of the stalk.

the remaining 250 share, Im letting them float. as this was intended to be a longterm play, that got caught up in some short term volatility,

If anyone actually has any questions for me, I am a day trader by profession .

Sharp guy......

I had Sirius stock too for a while....sold it a couple of years ago but made a few bucks off it.Same with Odessy Marine.Right now I don't have any stocks but do have some money in mutal funds.

Anyone have any good stock tips right now?

Sharp guy......

I had Sirius stock too for a while....sold it a couple of years ago but made a few bucks off it.Same with Odessy Marine.Right now I don't have any stocks but do have some money in mutal funds.

Anyone have any good stock tips right now?

I might, but not right now, heard of non silicone sunlight battery development?

I might, but not right now, heard of non silicone sunlight battery development?

No.......Let me know when you hear more.

I've been told to keep an eye on Zenn motors on the Toronto stock exchange....not much action yet but I'm keeping my eye on it.

should have let it ride till the sirius/xm merger gets pushed through the FCC later in the year. That should bring the price up

had ta liquidate assets. ****in IRS.

An example:

About a week ago I bought 1000 shares of COIN at 7 dollars.

3 days later it was up 68%.

I promptly sold half of my position (500).

The next day, I was up to 80% gains. I let it ride. It went down to 70% and I sold half of what I had left (250).

What I did is called hedging. If it took a dump, I would have been insulated because I already took profits on half of the stalk.

the remaining 250 share, Im letting them float. as this was intended to be a longterm play, that got caught up in some short term volatility,

If anyone actually has any questions for me, I am a day trader by profession .


So how much profit did you make on the sale of half of this stock? how much after fees& taxes etc?

Sharp guy......

I had Sirius stock too for a while....sold it a couple of years ago but made a few bucks off it.Same with Odessy Marine.Right now I don't have any stocks but do have some money in mutal funds.

Anyone have any good stock tips right now?

AAPL

My personally favorite company. Its like a machine. They are doing so well, but they are always undervalued because they are... Apple. Everyone thinks back to how they got destroyed by Microsoft in the 90's.

But, since it is very likely that we are on the verge of a recession, you can't go wrong with a little PG (Proctor and Gamble). They are the kind of stock you want when a recession is going on, because people never stop buying toothpaste and razors. (They own Colgate and Gillette)

In case you want to know who is responsible for the recession, there is actually one man you can blame. No, its not George W. Bush. Even worse.

Ben Bernanke, Chairman of the Federal Reserve.

The guy is a total tool. For some reason he is absolutely convinced that if he cuts interest rates inflation will go through the roof even though inflationary pressures are practically nill.

They guy is asleep at the wheel, probably cackling like a maniac as he watches the stock market go lower and lower. All he would have to do to stop it is cut interest rates.

Will he do that? NOPE! The tool just likes to tease us with quarter and half point cuts.

Where the **** is Alan Greenspan when you need him.

they've been cutting rates. matter of fact, they're supposed again to within the next week i heard.

AAPL

My personally favorite company. Its like a machine. They are doing so well, but they are always undervalued because they are... Apple. Everyone thinks back to how they got destroyed by Microsoft in the 90's.

But, since it is very likely that we are on the verge of a recession, you can't go wrong with a little PG (Proctor and Gamble). They are the kind of stock you want when a recession is going on, because people never stop buying toothpaste and razors. (They own Colgate and Gillette)

In case you want to know who is responsible for the recession, there is actually one man you can blame. No, its not George W. Bush. Even worse.

Ben Bernanke, Chairman of the Federal Reserve.

The guy is a total tool. For some reason he is absolutely convinced that if he cuts interest rates inflation will go through the roof even though inflationary pressures are practically nill.

They guy is asleep at the wheel, probably cackling like a maniac as he watches the stock market go lower and lower. All he would have to do to stop it is cut interest rates.

Will he do that? NOPE! The tool just likes to tease us with quarter and half point cuts.

Where the **** is Alan Greenspan when you need him.

Yeah Johnson and Johnson and P & G are good at a time like we are entering as far as I've heard anyway......What are you thoughts on buying options? I have a buddy that does **** like that and says he does well....I don't completely understand.

So how much profit did you make on the sale of half of this stock? how much after fees& taxes etc?

10.99 in commission is my only fee. I take care of taxes at the end of the year. Lots of people don't want to sell because they are concerned about having to pay taxes on their profits, so they sit there and watch all of their profits go down the drain.

If I could give anyone one piece of advice to succeeding in the stock market, it is this.

NEVER and I mean NEVER consider taxes when making your trades.

For the example I used:

I bought 1000 COIN @ 7.65 for $7,650
I sold 500 COIN @ 12.15 for $5,975
I sold 250 COIN @ 13.20 for $3,300
I currently have 250 COIN @ 9.69 for $2,422.50
(It took a 21.28% dump today, thank god I hedged my bet)

Initial investment : $7,650
Current Value: $5,975 + $3,300 + 2,422.50 = $11,697.50
Profit: [($11,697.5 - $7,650) - ($2,422.50)] = ($4,047.5) - ($2,422.5) = $1,625

So I made $1,625 or 21.2%. That is locked in profit, meaning that the stock could drop to 0 tomorrow, and I still would have made $1,625.

However, if I sold my current holdings of 250 shares of COIN, I would have a total profit of $4,047.50 or 52% gains overall. Had I not hedged, and held onto COIN, I would currently only be up 26.6% so by hedging, I ensured myself another 25.4% of profit.

Yeah Johnson and Johnson and P & G are good at a time like we are entering as far as I've heard anyway......What are you thoughts on buying options? I have a buddy that does **** like that and says he does well....I don't completely understand.

Options are very very risky. If you succeed at options trading, you can make a **** load of money, but with that said, most options traders eventually make a wrong trade and they get completely wiped out.

Options are a little to complex for me to explain without writing a long paper, so I'll just say this.

Please, PLEASE, do not trade in options unless you are a very very experienced trader. The chances of you losing not some, but ALL of your money are at around 100% if you do not know what you are doing.

I tried trading in options once, I did really good for a little while, then I lost everything. Thankfully, I was only dabbling in it with some extra cash, but had I been using it as my main source of income, I would have been bankrupted.

Another tip, ALWAYS and I do mean ALWAYS use limit orders. Never use Market orders, its a sure fire way to overpay and get ripped off by your broker.

they've been cutting rates. matter of fact, they're supposed again to within the next week i heard.

Yes they have, but they have been doing little douchbag teaser cuts. And they shouldn't wait till the end of the month to make these cuts. They should have made them last week, I am skeptical as to whether or not it is too late to make a difference.

If we are indeed into a recession, all of the cutting in the world wont save us now. They could have saved us last week thought. ****ing douchebag.

I've been told to keep an eye on Zenn motors on the Toronto stock exchange....not much action yet but I'm keeping my eye on it.

Zenn has some legal troubles getting their vehicles certified in canada - ironically where the cars are made. this is because our prime minister is in the back pocket of big oil and doesn't want electric vehicles on canada's roads




Yes they have, but they have been doing little douchbag teaser cuts. And they shouldn't wait till the end of the month to make these cuts. They should have made them last week, I am skeptical as to whether or not it is too late to make a difference.

If we are indeed into a recession, all of the cutting in the world wont save us now. They could have saved us last week thought. ****ing douchebag.

they'll make the cuts in about a month, or more likely when it's too late