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wouwou 04-07-2008 09:58 AM

Quote:

Originally Posted by Mananetwork (Post 5795600)
^ WOW!!

I was going to jump on Citigroup, but didn't want to hold over the weekend. They're up 5% today

I did, last week:D

I also got 1 put against it to offset the risk though, so right now the stock is looking good, but the option is taking the beating of its life.

and good call on WaMu Feint. I had to admit that stock was not even on my radar

Mananetwork 04-07-2008 10:01 AM

Quote:

Originally Posted by wouwou (Post 5795635)

and good call on WaMu Feint. I had to admit that stock was not even on my radar

I like how he called it the day before too. I looked into it, read up on them, but didn't want to hold anything over the weekend.

Does citigroup still have potential?

Synarchist 04-07-2008 10:16 AM

man i got in on eeso.pk at 0.005 last week and its just been going nuts 100%+ every day and still running!
my target is at 0.06
just a tip but please do your own research first

Mananetwork 04-07-2008 10:26 AM

Quote:

Originally Posted by Synarchist (Post 5795659)
man i got in on eeso.pk at 0.005 last week and its just been going nuts 100%+ every day and still running!
my target is at 0.06
just a tip but please do your own research first

What made you get into it last week?

Synarchist 04-07-2008 10:50 AM

just from reading various articles and eeso.pk came up on a few so i did some research
it looked good and seemed a like a decent company with good potential

Feint* 04-07-2008 11:33 AM

Quote:

Originally Posted by wouwou (Post 5795635)
I did, last week:D

I also got 1 put against it to offset the risk though, so right now the stock is looking good, but the option is taking the beating of its life.

and good call on WaMu Feint. I had to admit that stock was not even on my radar

No worries guys, its all about sharing the tips right? It's not like some bull board/ type deals on RS... most ppl here are local buddies.

IIRC I've even met Mana in person before : )

I'd be keeping my eyes out for Energy / Gold again, they'll likely be dropping before further neg news are out...and rising again soon.

wouwou 04-07-2008 11:43 AM

Quote:

Originally Posted by Mananetwork (Post 5795643)
Does citigroup still have potential?

Honestly I don't know, that's actually why I used a stock+option portfolio on it to offset the uncertainty.

C was good at $21, but at $24.5 I won't touch it under current econ conditions.

I just hope no more bad debts surface

Cloudy_Hair 04-07-2008 01:19 PM

i am offically convinced that this market is warped...

AA missed hard after analyist already lowered earnings estimates 4 days ago..BUT it's green after-hours... hurrayyy rally into lower earnings!

iEatClams 04-07-2008 06:29 PM

now that questrade has their 9.95 pricing, i can now dip into penny stocks. any juniors on the horizon?

iEatClams 04-07-2008 06:41 PM

anyone check out CC - circuit city? they have earnings on wednesday. stock took a huge beating. down from almost $20 a year ago and now trading at 4.75? i think they are harsh undervalued

bones 04-08-2008 07:54 AM

Quote:

Originally Posted by azndude69 (Post 5796346)
now that questrade has their 9.95 pricing, i can now dip into penny stocks. any juniors on the horizon?

If you want to check out penny stocks here's a couple to look into.. PEZ, HAT, and SVL. As always, do your DD.

Mananetwork 04-08-2008 08:53 AM

markets down, visa's up 4% :lol

wouwou 04-08-2008 09:07 AM

Quote:

Originally Posted by Mananetwork (Post 5797314)
markets down, visa's up 4% :lol

It's VISA, the one thing the Americans love to use:D

On the other hand, I won't touch CC, unless it can some how do MUCH BETTER than Best Buy in the 4th quarter, and even BB had a slowed down quarter.

bones 04-08-2008 11:53 AM

What do you guys think is a good entry point for Visa? Looking into buying some shares soon.

Mananetwork 04-08-2008 12:38 PM

Quote:

Originally Posted by bones (Post 5797546)
What do you guys think is a good entry point for Visa? Looking into buying some shares soon.

I thought 66.5 was overvaluing it, but at 68.3 and still climbing.. I have no idea anymore. I'd like to get in with more shares, so i'm hoping it will re adjust itself tomorrow. Just remember that earnings come out on April 28th

Narayan 04-08-2008 01:42 PM

Hard to say about Visa... depending on how bad you want it.

I got in at 58 and im quite happy... especially since it closed at 68.09 today

Gt-R R34 04-08-2008 02:36 PM

visa's probably one of the safer stocks this Recession.

Feint* 04-08-2008 04:23 PM

Friend got in WM put and made a quick 40% the other way... I closed the position yesterday and was happy with my gains. Reminds me to look at options direction... but keep in mind its taxed as interest income.

Energy is the next thing in this bear market... various ENER SPWR ESLR were up today around 3-5%, decent gain for 1 day.

AMD's in trouble (with it ATI chips) there goes a major competitor in the vidcard industry. Going with that logic I picked up some Nvidia as I think gaming industry is only growing. Might not be a daytrade deal like WaMu though :p DD!

iEatClams 04-08-2008 05:22 PM

i got in visa at 60 ish. sold today at 66.32

im loving my Teck cominco buy. got in at $45, now almost $54.
bought YRI (yamana) on margin the other day. im down a bit from that though.
Hmm, Nvidia looks good, might pick it up if it drops under 19.

iEatClams 04-08-2008 05:30 PM

Question to you guys, i've been investing for the last 7 months now. but i recently got a margin account set up with questrade. Do you guys know if interest on margin accounts are tax deductable? cause i heard like its not- as in RSP loans and stuff.

iEatClams 04-09-2008 07:45 AM

CC was up this morning. bought it yesterday at 4.40, sold this morning at 4.75. decent return for 1 day. but i agree with u guys, not something you want to get into yet until economy rebounds.

bossxx 04-09-2008 08:16 AM

ASII is a fucking joooke.. omg /rant

wouwou 04-09-2008 08:19 AM

Quote:

Originally Posted by azndude69 (Post 5798997)
CC was up this morning. bought it yesterday at 4.40, sold this morning at 4.75. decent return for 1 day. but i agree with u guys, not something you want to get into yet until economy rebounds.

shouldve gone the option way if you did the research:D

that wouldve translated into a 20% gain insteal of 10%

Mananetwork 04-09-2008 10:17 AM

So glad i'm not holding anything today

Cloudy_Hair 04-09-2008 10:23 AM

^so glad i was loaded up with FXP and SKF


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