damn NASDAQ

Static911

Diamond Member
Nov 24, 2000
4,338
1
0
my stocks continue to fall, fall and fall into an abyss where there is no end...


geez, i should've started my short account...

Static911
 

fdiskboy

Golden Member
Sep 21, 2000
1,328
0
0
Just ride it out....

Unless of course you bought on margin...then I pity you! :D

If this tax cut makes it and the fed lowers rates some more! Yippee!!
 

Static911

Diamond Member
Nov 24, 2000
4,338
1
0
TQNT = strong COMPANY!

CMRC, CORV, ANEN, SANM, TMWD.

TQNT posted VERY VERY STRONG Q4 reports, however, investors are jumping the gun on this whole recession stuff...

i'm gonna wait it out (I'm still up 70%)!

I don't ever do margin nor shorts...I only have cash account

Actually, I invest for 5 of my friends, so they seem to be content up 70%, despite the NAsdaq falling

STatic911
 

Tauren

Diamond Member
Jan 30, 2001
3,880
1
0
Just remember: you haven't lost any money until you sell it. My portfolio has gone bone about $12,000 over the past year+ and before that I was seeing gains from 18-24 percent. Ride it out. But, hold on it may get rough.
 

Static911

Diamond Member
Nov 24, 2000
4,338
1
0
yeah, i hear the same thing, ride it out; but i wanna try to break a profit of 100% by february...i invested since november, so i have seen some great returns, but i guess i'm greedy..

I used to be happy with 10% in 3 weeks for one company; nowadays, i'm going to long run (1-5 years), but i hate seeing my stocks go down!

O well, i'm only a college student, but best of luck to every investor on AT

STatic911
 
Oct 9, 1999
15,216
3
81
well atleast your not holding anything associated to Garrett Krause, the scamster. I have stock doing nothing until the SEC frees it for us investors/ex-employees. We cant sell or do anything. Infact its trading under 1 buck in the Pinks. If he gets back to the normal nasdaq, they will have to ask him to delist. In the mean time investors are getting pissed.

DO NOT INVEST in these companies:

TECF / WEBV / JNUS / ULAB / and a few more others. Right now that guy is pimping TECF. If you love money dont invest in this guy.

The only other company worth investing is SLNN, however they are in legal battle with Garrett Krause over they being screwed.

Bottom Line : Stay off microcaps.
 

Ender510

Golden Member
Sep 3, 2000
1,219
0
76
So what are you guys in? Anything that looks good or a decent deal right now? I am looking for stocks in the $5-$15 range..
 

IBhacknU

Diamond Member
Oct 9, 1999
6,855
0
0


<< I am looking for stocks in the $5-$15 range >>

What does the 'price' of a stock have to do with anything? Do you pay a higher commission for non-block trades (increments smaller than 100 shares)?

The value of a stock is NOT directly related to the price it trades at.
 

Ender510

Golden Member
Sep 3, 2000
1,219
0
76
Of course it's not IbHacknu, but I would rather buy 100-200 share lots because I don't have as much capital now. I also realize that whether it's a $500/share vs a $10/share and they both move up 25%, it's the same thing as far as profit is concerned minus the commission of course.. but I think I'd rather buy 100-200 shares than just 5 or so.. that's the reason why.
 

IBhacknU

Diamond Member
Oct 9, 1999
6,855
0
0
OK... just making sure ;)

BTW... this DAMN down NASDAQ market is suppose to represent a buying opportunity. It's a shame it's been a 6 month buying opportunity :(
 

glenn1

Lifer
Sep 6, 2000
25,383
1,013
126
Static, without knowing the total makeup of your portfolio, and whether or not the ones you mentioned are your only holdings, i can tell you straight away, you probably would do well to add some balance to your holdings. Try some non-tech, and value picks. They've been doing a lot better than the techs and more speculative stuff lately. Here's a couple ideas to ponder:

1. NITE. Leading, and last independent market market. Good a value as they come, economic value/share easily 2 or 3x present share prices, and an almost certain takeover candidate.
2. PAYX. 35% or better year-over-year (YOY) revenue, income, and earnings growth for like 15 years straight. Absolutely owns its market space. One of the best LT charts you will ever see.
3. LTD. Another value pick. Owns 84% of IBI (Intimate Brands - you know, Victoria's Secret, Bath&amp;Body Works, etc), which is pretty much equal in itself to the entire market cap for LTD.
4. RS. Contrarian pick (basic materials), but the fundamentals, financials, and chart all look great. Still cheap, but slowly gaining momentum, so it won't be cheap forever.
5. VIAN. Internet consulting company. The net sector is filled with bargains, and this is one of them. Profitable, and more cash on the balance sheet than market cap.
6. ADCT. Telecom sector, another sector that's gotten killed. Is a worthy competitor to the CSCO and NT companies, but priced for the apocalypse or bankruptcy right now. Might go a bit lower yet, 11 is my target price.
7. MO. Phillip Morris. Not as cheap as they were, but still relatively so. The company pretty much has a license to print money. Dividend is pretty nice also at a rate of $2.12/year.
8 AMD. Enough said.
 

kaiotes

Golden Member
Dec 31, 2000
1,816
0
0
i got few amd since aug when it was 30s
i'm waiting it out.
lost so much money ever since i started investing in stocks.
only 19 yrs old lol
initally i made money then all these stupid careless gambles.
 

TheVrolok

Lifer
Dec 11, 2000
24,254
4,092
136
Its just getting worse before it gets a lot better. Right? Right...? Right....? *sob* Nah, I'm only actually like 6 grand under what I started with. Hopefully I can mold this portfolio into some kind of college fund birther....
 

StageLeft

No Lifer
Sep 29, 2000
70,150
5
0
Ride it out isn't gonna work with many tech companies now. Although in some strong ones it will others can easily go bankrupt or you may end up waiting years before their stock gets up to where you bought it. Sure, if you own stock in Walmart and it goes down you can ride it out and it will go up but we've seen such wicked gains (rather silly ones) in some rather useless companies and the fact they are going down now in many cases points to their future.

If you're trying to ride it out with Nortel thats fine. If you're trying to ride it out with electricbikesonline.com well maybe you shouldn't be :)

The fact of the matter is that long-term for almost everybody in the world its better to throw your money into a reasonable mutual fund than go it alone and try to beat the odds. Sure its boring but if you look at the stats you'll see that for almost everybody in the world they make more money with a good mutual fund than playing the stocks. Afterall why should the average layman expect they can out perform a professional? They can't...stocks are tough and unless you get lucky you shouldn't really expect too much from them. People who got into tech stocks a few years ago and bailed a year back are laughing, but most people will continue to hold on hoping that their stocks go up and the P/E ratios just will not bear it out for you.
 

Midnight Rambler

Diamond Member
Oct 9, 1999
4,200
0
0


<< The fact of the matter is that long-term for almost everybody in the world its better to throw your money into a reasonable mutual fund than go it alone and try to beat the odds. Sure its boring but if you look at the stats you'll see that for almost everybody in the world they make more money with a good mutual fund than playing the stocks. Afterall why should the average layman expect they can out perform a professional? >>

Have you looked at some of the returns the so-called &quot;professionals&quot; are getting? Most of them would do no better.

CSCO is a screaming buy right now, once all the light-hearted are flushed out of this stock, and they will be within the week, the big boys are just biting at the bit to swoop on the bargain. At least 4 of the major brokerages are privately telling their big clients to buy buy buy, despite what their &quot;PR spin meisters&quot; are saying for the public record. Anybody want an inside report for proof, PM me. It's a fairly large .PDF file (280K), so be ware ...
 

Static911

Diamond Member
Nov 24, 2000
4,338
1
0
first off, those are not all wat i'm holding...remember, i'm jus an amateur investor/&quot;week trader&quot; however, those are the companies i started with since day-1 with only $500.

soon, i invested another $500, then my friends let me invest their money. Today, I control bout $10k. Unfortunately, i have always stuck to very violite stocks since in the beginning, I wanted to make money.

I have been calling all the right shots (buy/sell) to be up 70%, but i never wanna stop learning

Stati911
 

hans007

Lifer
Feb 1, 2000
20,212
18
81
i've put in all my summers earnings into the market since my senior year in high school. That was 3 years ago. I put in $10000 and i've got $4500 left. Dammit, i didnt actually start until summer of 1999 , but still it sucks ass. I somehow got screwed and have money in ETYS, COVD and lost a ton in CORL. oh my god. Even my &quot;solid&quot; companies, LSI, INTC, AMCC aren't doing that great. geez i hate the nasdaq, but at least i learned when i was young. I also learned, that if you are daytrading and are on a roll, dont suddenly trust a &quot;investment&quot; magic 8 ball someone gave you for xmas and suddenly hold your CORL stock while people decide to file a lawsuit blaming them for hinting at good earnings when they lost money. And also for the 2 weeks that i did daytrade i doubled the money i had at that time, and i lost it all after that, yet was stupid enough to put in the money i made this summer in again and hold good profitable companies and still lost more money. Ironic huh? I've got some business going selling fans online and well, that money will not touch a stock not called INTEL any time soon