***Official*** 2009 Stock Market Thread

Discussion in 'Off Topic' started by Azurik, Jan 2, 2009.

  1. Pliablemoose

    Pliablemoose Lifer

    Joined:
    Oct 11, 1999
    Messages:
    25,198
    Likes Received:
    0
    AAPL hit 190 today, took a tiny hit in after hours trading, but what a freaking run it's had. :cool:
     
  2. Acanthus

    Acanthus Lifer

    Joined:
    Aug 28, 2001
    Messages:
    19,916
    Likes Received:
    0
    I didnt notice this thread...

    Ive been in on FNM, FRE, and AIG for quite a while now.

    I'm dumping a few paychecks on PFE and BMY to hold until this UHC debate shakes out. Universal prescription coverage means 30% more sales (or more, the poor tend to be less healthy).

    I'm really not liking the high numbers in this month of the year, we are due for a bloodbath in the coming months. My finger is on the "sell everything trigger" 24/7.
     
  3. hiromizu

    hiromizu Diamond Member

    Joined:
    Jul 6, 2007
    Messages:
    3,409
    Likes Received:
    0
    hmm..sell gold?
     
  4. vrbaba

    vrbaba Diamond Member

    Joined:
    Jul 17, 2003
    Messages:
    3,264
    Likes Received:
    0
    Anyone vested in Oil and rigs?

    I got in PBR at 28 but bought very few shares (oh the scary times). Looking at ATW and RIG now..
     
  5. Slew Foot

    Slew Foot Lifer

    Joined:
    Sep 22, 2005
    Messages:
    12,082
    Likes Received:
    22
    TSRA been on a recent tear, sold out in the mid 28s a while ago i think, but its banging on 30 now.

    SPNG was a pump n dump waiting to happen and it did.
     
  6. SandEagle

    SandEagle Lifer

    Joined:
    Aug 4, 2007
    Messages:
    16,817
    Likes Received:
    1
    UCBH, RPRX doing well today
     
  7. endervalentine

    endervalentine Senior member

    Joined:
    Jan 30, 2009
    Messages:
    700
    Likes Received:
    0
    bah! now TSRA goes up after I lost a hefty chunk on my sept. options :(
     
  8. marketquotes

    marketquotes Member

    Joined:
    Jul 21, 2009
    Messages:
    28
    Likes Received:
    0
    How do you guys feel about S (Sprint)? I think the numbers they will show for the qrt. at the end of the month are going to be better than expected based off theeir new smartphones; Touch Pro 2, Hero, and Pre. I know they have their issues but the price is at $3.73 right now.
     
  9. Azurik

    Azurik Platinum Member

    Joined:
    Jan 23, 2002
    Messages:
    2,175
    Likes Received:
    0
    I sold the majority of my SNWT shares (formally HSBY). I have only 2,500 shares left... plan to get rid of that sometime tomorrow/Friday. It can still go up more past that, but the level of risk has increased and this run can't sustain based on fundamentals at this time.

    In 3 weeks time, buying in at .50 cents and getting most out $1.30... I'll take an easy triple anytime rather than get greedy to eek out a little more.

    Now we can concentrate on what RMBS is doing :)
     
  10. SludgeFactory

    SludgeFactory Platinum Member

    Joined:
    Sep 14, 2001
    Messages:
    2,969
    Likes Received:
    0
    I got out Monday afternoon. So naturally it had a good day yesterday, Cramer pumped it as hard as he could for an entire segment last night, and then it kept on going today. FML.
     
  11. Slew Foot

    Slew Foot Lifer

    Joined:
    Sep 22, 2005
    Messages:
    12,082
    Likes Received:
    22
    In that case Im glad I sold already :)

     
  12. Azurik

    Azurik Platinum Member

    Joined:
    Jan 23, 2002
    Messages:
    2,175
    Likes Received:
    0
    TSRA is still undervalued, but it's going to ebb and flow with the finicky market. I got out of their options, but still own the shares. Their value without the potential litigation settlements is worth more than the $29 the stock is showing.
     
  13. Ballatician

    Ballatician Golden Member

    Joined:
    Dec 6, 2007
    Messages:
    1,985
    Likes Received:
    0
    Curious, which sept. options did you have?
     
  14. richardycc

    richardycc Diamond Member

    Joined:
    Apr 29, 2001
    Messages:
    5,719
    Likes Received:
    0
    doing DD on a company that could be the next DNDN or HGSI....bought some today already, might buy more tomorrow if I like what I see.
     
  15. Dacalo

    Dacalo Diamond Member

    Joined:
    Mar 31, 2000
    Messages:
    8,777
    Likes Received:
    0
    SPPI?
     
  16. MrYogi

    MrYogi Platinum Member

    Joined:
    Mar 15, 2003
    Messages:
    2,681
    Likes Received:
    0
    What did you buy so far ?
    lookup nano, sppi, and icad
     
  17. richardycc

    richardycc Diamond Member

    Joined:
    Apr 29, 2001
    Messages:
    5,719
    Likes Received:
    0
    I bought GNVC, it's a typical biopharmaceutical company that rely on grants and selling stocks/warrants with a promising pipeline. Their lead product TNFerade for locally advanced pancreatic cancerlooks very promising, in phase 3 trial. A lot of patients and their families are begging the company/government to let them get on the trial, but can't.
    Google Connie Loughman, tons of stories out there, the drug even cured one guy (richard Jordan).

    they are also in foot and mouth disease, HIV, Malaria, heart disease.

    cons: might get delisted in 3/2010 if the stock price stays below a buck, no partnership with other big pharma. They could also run out of money. Do your own DD.

    Good luck to all!


    oh yeah, patrick swayze did not use the drug TNFerade, I think he used Cyberknife. May he RIP.
     
  18. snoopdoug1

    snoopdoug1 Platinum Member

    Joined:
    Jan 8, 2002
    Messages:
    2,149
    Likes Received:
    0
    GNVC has the highest buy rating on reuters... might be worth a shot with some "play" money.

    They have to be up to a dollar for 10 consecutive days or they risk being delisted from the Nasdaq.
     
  19. PimpJuice

    PimpJuice Platinum Member

    Joined:
    Feb 14, 2005
    Messages:
    2,050
    Likes Received:
    0
    Rambus just shot way up (6%).....Hynix settlement rumor?
     
  20. Lamont Burns

    Lamont Burns Platinum Member

    Joined:
    Dec 13, 2002
    Messages:
    2,839
    Likes Received:
    0
    That's the rumor. I've been buying in the 15s and 16s for weeks here and there... all this green is tempting.
     
  21. GTKeeper

    GTKeeper Golden Member

    Joined:
    Apr 14, 2005
    Messages:
    1,121
    Likes Received:
    0
    Wow, someone just dumped a huge number of RMBS shares. Price is down a buck in about 2 minutes.!

    Now I see why, Hynix lawyer just staid no settlement /w Rambus.
     
  22. Azurik

    Azurik Platinum Member

    Joined:
    Jan 23, 2002
    Messages:
    2,175
    Likes Received:
    0
    The volume is getting pretty big on RMBS.

    Just as an FYI, the ITC trial with Nvidia starts next week - decision comes out at the end of January. The AT trial is scheduled to start in January.

    There's going to be a lot of rumors of buyouts, settlements, etc. flying around, but until it hits, enjoy the volitile ride.

    Haven't sold at all... I enjoy seeing my net worth jump up and down and up and down in $20k-$30k increments in a matter of seconds on the RMBS train:)
     
  23. vi edit

    vi edit Elite Member <br> Super Moderator
    Super Moderator

    Joined:
    Oct 28, 1999
    Messages:
    56,194
    Likes Received:
    12
    After mostly recovering since last October I'm back to really cash heavy. I just have a bad feeling (along with lots of others) that we're going to be correcting soon and see a huge sell off. I'm just waiting to go in on some short index ETF's.
     
  24. Azurik

    Azurik Platinum Member

    Joined:
    Jan 23, 2002
    Messages:
    2,175
    Likes Received:
    0
    I sold out. It's $1.54 right now - a triple bagger in 3 weeks.

    Anyone who has shares left, I recommend selling before Wednesday of next week. I hear rumors that they're going to do a 3-1 or 4-1 spilt sometime around then (to discourage short sellers), which could cause it to go up even more... but safe bet, sell out and lock your profits. Don't get too greedy.

    You all can thank me later (or now) ;)

    I bought PENC for a swing trade, bought 10,000 shares at .355 - this is not a recommendation to buy, I'm not as confident as I was with HBSY/SNWT.

    EDIT: I had 2,500 leftover shares of SNWT I didn't realize until this morning, due to buying some more on that dip the other week. Just sold that batch for $1.70 this morning - at the high of the day (so far). Talk about lucky timing!
     
  25. Ushio

    Ushio Member

    Joined:
    Jul 19, 2004
    Messages:
    120
    Likes Received:
    0
    closed my LVS/MPEL position today for a little profit, was hoping it wasn't priced in with Wynn's IPO in HK, but profit is profit! going to wait for a nice pull back and be ready for the coming earnings report

    so did anyone catch HMDI?!?!?!?
    0.234 +0.234 (46,700.00%) with a high 0.51