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-   -   STOCK MARKET Thread (https://www.revscene.net/forums/374823-stock-market-thread.html)

waddy41 06-25-2012 05:24 AM

^ it's Chesapeake, not cheapsake...

jasonturbo 06-25-2012 08:13 AM

Well this is quite a lovely morning... for people that shorted the right stocks lol.

CLL @ .41 (Don't say I didn't warn you back at .99!!), again I hate to say this and I know it's tracking the price of oil, but I see that poor stock heading lower.. and lower.

NZ @ 1.60, down 8.05% today, not pretty considering the market cap has dropped 50% in just a couple months. I will say that I believe NZ is nothing more than a victim of market sentiment.

THe VIX index is up to 21.1, a 3.0 jump today, or roughly 16.5%. So where is my 33% jump in TVIX (Up 12% to 6.19)??? lol Really hoping things get worse before they get better so I can actually cash out on my TVIX...

Anyway, Europe is fucked, Merkel and her square headed partners will not assume any more risk to the people of Germany, you can only imagine what public opinion in Germany would be on the subject of debt sharing in the Eurozone, for Merkel and the rest of the people running the show they need to to what's best for their country and their careers, and it's not to expose Germany to significant amounts of debt.

America... well coming into the election, unless Obama has something up his sleeve I can't see this election run bringing a lot of life into the markets.. and the Fed was quite clear in saying that they would not begin any more easing unless they had reason to believe it would be effective... and they seemed rather doubtful.

So... I'm still bearish for the short term.. most likely intermediate term, I see gold getting stronger as the US election starts heating up.

Either way... good luck folks, I hope some of you are making money!

strykn 06-25-2012 10:44 AM

biotechs are on fire, this is toooo easy

BaoTurbo 06-25-2012 11:32 AM

Quote:

Originally Posted by waddy41 (Post 7957996)
^ it's Chesapeake, not cheapsake...

Lol sorry. Most if these companies I have never even heard of

4444 06-25-2012 12:09 PM

Quote:

Originally Posted by BaoTurbo (Post 7958168)
Lol sorry. Most if these companies I have never even heard of

then keep it in your play account - you must know what you own

iam_dan 06-26-2012 12:02 PM

Tried the new Questrade IQ today. Didn't work out so well lol.
Was in for a quick in & out and went from $30 profit to $18 loss within 20 minutes.
Couldn't figure out how to work the platform, and it didn't let me execute my sell.. wtf lol

Needless to say, I shouldn't have jumped right into it without familiarizing myself with the platform more

Rookie mistake, pretty pissed at myself for it

TouringTeg 06-26-2012 12:55 PM

Hmm haven't tried it yet. Still using questrader web. Simple layout but it works.

YNG was down 9% and bounced back big in the last hour ending at 0% change. Come on gold, the Euro's troubles are not over.

strykn 06-26-2012 02:07 PM

AMRN july 26th, 3rd time this baby gonna give me 100%

http://t0.gstatic.com/images?q=tbn:A...T2zZt6JL6pdVsd

strykn 06-26-2012 08:58 PM

Patent approved AH... ya bUDDY

shawnly1000 06-26-2012 09:21 PM

Hugeeee

"A U.S. judge on Tuesday granted Apple Inc's bid to stop Samsung Electronics from selling its Galaxy Tab 10.1 tablet in the United States, giving the iPhone maker a significant win in the global smartphone and tablet patent wars."

U.S. judge issues injunction on Samsung Galaxy Tab sales | Reuters

TouringTeg 06-27-2012 07:26 AM

ARNA dayum

News Headlines

shawnly1000 06-27-2012 08:47 AM

Quote:

Originally Posted by AME_VIP (Post 7960194)
ARNA dayum

News Headlines

Dun dun dun....HALTED ahead of FDA decision

*not in it myself

Update: ARNA - FDA approved lorcaserin, now knnown as Belviq, according to FDA.

TouringTeg 06-27-2012 10:12 AM

^^ Huge volume and price swings up 35%

iam_dan 06-28-2012 10:10 AM

anyone use tradingview.com?
i just checked it out today, and they have pretty good charts!

4444 06-28-2012 10:12 AM

FreeStockCharts.com - Web's Best Streaming Realtime Stock Charts - Free for your charts

shawnly1000 06-28-2012 10:53 AM

FWIW something may be brewing/soon to be bullish for RIMM; Earnings after-market, may be a surprise/news expected

gdoh 06-28-2012 11:40 AM

bought FMNL back at 1.11 =]

shawnly1000 06-28-2012 11:49 AM

LOL Germans get eliminated by Italy, Merkel rapes shorts by cancelling EU summit

4444 06-28-2012 12:35 PM

Quote:

Originally Posted by shawnly1000 (Post 7961360)
FWIW something may be brewing/soon to be bullish for RIMM; Earnings after-market, may be a surprise/news expected

errrrrrr, what?

shawnly1000 06-28-2012 12:36 PM

Quote:

Originally Posted by 4444 (Post 7961420)
errrrrrr, what?

Derp; misread the options activity;

Once again GG RIMM

will068 06-28-2012 12:57 PM

RIMM:megusta:

highfive 06-28-2012 01:00 PM

Market cap of $4 billion now. But they have cash of $2.2 billion.

RIMM really fucked themselves by delaying 10. They have zero positive news from this NR.

jasonturbo 06-28-2012 02:44 PM

I do believe that RIMM can still come back, they just need the right leadership.

Jegz 06-28-2012 04:51 PM

Any sites on an intro to stocks and the basics?

jasonturbo 06-28-2012 05:55 PM

Quote:

Originally Posted by jegglez (Post 7961675)
Any sites on an intro to stocks and the basics?

All you need to know is this, keep your money out of equities for at least the next six months lol that will give you lots of time to find study material and will prevent you from suffering the same fate many of us have :( hahaha.


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