Phokus
Lifer
- Nov 20, 1999
- 22,994
- 780
- 126
Originally posted by: SSSnail
FWIW, I no longer work.
So how much do you make day trading?
Originally posted by: SSSnail
FWIW, I no longer work.
Originally posted by: DEMO24
Well I'm pretty happy about this week. I sold off most of my loosing stocks to consolidate my money and get into more promising things, rode one stock back into green, and am finishing green on some options I bought. My account has been red for too long so its nice to see green again. Kind of kicking myself on one though as last week I decided to test the area of options and unfortunately the last two days the stock tanked and I didn't get out when I should have. But now I know!
Originally posted by: Azurik
You're welcome everyone!
It was a big day for me. The shares were very nice, and my option prices went through the roof!
I understand why Rambus did what it did. By leveling the playing field in fixed percentages, no company will gain an advantage going forward. This will entice companies who wants to sign, but are hesitant thinking they won't get the best rates. It doesn't forgive damages in the past and so it helps those who did sign with Rambus earlier. Also, having both government entities (FTC and EU) off their back is a major turn of events.
The total available market (TAM) is HUGE for DRAM and DRAM controllers. I expect a very powerful run when the big boys digest the inplications of this settlement.
My thoughts for the rest of this year:
#1. Thank god the AT trial starts in September because the potential sour market could have wiped out recent gains.
#2. If the memory manufacturers agree that this settlement is fair (they have a month to review it) and some ACTUALLY sign, RMBS could go to $40 this year.
#3. Lacking news until September, RMBS coulld follow the market on the slide down.
That's the question you each have to ask yourselves. You can lock in the big profits you have now, or wait for the bigger payday, but risk what you've already made. OR, go in the middle if you have enough exposure. Sell for a profit, let the rest ride into heaven.
Originally posted by: hiromizu
Originally posted by: DEMO24
Well I'm pretty happy about this week. I sold off most of my loosing stocks to consolidate my money and get into more promising things, rode one stock back into green, and am finishing green on some options I bought. My account has been red for too long so its nice to see green again. Kind of kicking myself on one though as last week I decided to test the area of options and unfortunately the last two days the stock tanked and I didn't get out when I should have. But now I know!
..isn't that the whole point of options? so in case the stock tanks, you only lose the cost of buying the options?
Originally posted by: hiromizu
Originally posted by: SSSnail
Originally posted by: IHateMyJob2004
Originally posted by: SSSnail
Originally posted by: IHateMyJob2004
Originally posted by: SSSnail
Originally posted by: everydae
WTF is going on with SPNG, lol. It's mess now.
It's called daylight highway robbery, somebody just walked away with A LOT of money, and a bunch of shares. I never understood for the life of me why anybody would EVER set stop loss.
Traders need to use them or they can get destroyed in an instance. Especially when you invest in crap companies that might not be around in 5 years time. Gambling is not investing, it is speculating.
Either you do your due diligence to invest in a solid company, or day trade. If you set stop losses, that's just asking for money to be taken away from you.
day trading is asking for money to be taken away from you. Or atleast a way to make less than the majhor indices.
HAHAHAHA... HAHA... HAH....HAHAHAHA.... <breath> HAHAHAHAHAHAHAHAHA.....
HA. Don't quit your day job.
Every day/swing trader I've met whether in person or online has never admitted their net losses and always talks about how much they've made in 1 day. I wonder why?
Originally posted by: Ballatician
Any thoughts on AMD? I've been eying it since about ~$2
Originally posted by: maddogchen
would rather get johnson and johnson rather than PFE
Originally posted by: DEMO24
Originally posted by: Ballatician
Any thoughts on AMD? I've been eying it since about ~$2
That's what caught me out this week. From looking at the chart I wouldn't be surprised if it pulled back some more, it seems to be starting a time of downward movement. But you never know, next week might be better for it. Either way its not a very quick climber so I just suggest you watch it and see what it does next week.
Originally posted by: JS80
Originally posted by: Azurik
Originally posted by: JS80
pretty good seeking alpha article that summarizes the current legal dealings
I like the author, NukeJohn. I've known him since 1999 back when we were both sharing ideas and information over at the Motley Fool investment site (www.fool.com). However, he is probably one of the most optimistic people regarding his stocks that I have ever seen. He has the facts right most of the time, just unrealistic time and price expectations.
How'd you come across Seeking Alpha, JS80?
In other news, I bought a bit into a bunch of commodities today. Also bought some more shares of SNT.
Seeking Alpha links are all over Yahoo Finance. I like reading the bullshit that people post, but once in a while you get some real quality posts.
I think this time though you have a more aggressive price expectation than him![]()
Rambus should soon be at $35-40/share. I would not be surprised to see a run similar to the run in January 2006 when the stock went from 16 to 36 in 11 trading days. I am raising my 3 month price target to $45 and my 1 year price target to $120.
FUCK you, FUCK your shits, and FUCK the shorts.. Like I said, moderate shorts is OK but it's better that someone else do it that I do, but you better do it the same way I buy and sell my shares.Originally posted by: Crusty
He's also against shorting... so go figure![]()
Originally posted by: everydae
Hope I bought some RMBS when it was under $ 10! But well, I am not complaining that I jumped in right after first jump to $ 13. Hopefully my Jan 2010 30 calls would worth something soon!
BTW, my broker is transferring my Jan 2010 30 option ticker from WWOAF to BVJAF. It's been only two months since I jumped in option world, and never experienced such ticker change. Is this usual?
Originally posted by: JS80
Originally posted by: everydae
Hope I bought some RMBS when it was under $ 10! But well, I am not complaining that I jumped in right after first jump to $ 13. Hopefully my Jan 2010 30 calls would worth something soon!
BTW, my broker is transferring my Jan 2010 30 option ticker from WWOAF to BVJAF. It's been only two months since I jumped in option world, and never experienced such ticker change. Is this usual?
Yes it's normal. I think the letters denote something like the month or how many months out they are from expiration.
Originally posted by: JS80
new seekingalpha post from NukeJohn on RMBS.
He's super aggressive now.
Rambus should soon be at $35-40/share. I would not be surprised to see a run similar to the run in January 2006 when the stock went from 16 to 36 in 11 trading days. I am raising my 3 month price target to $45 and my 1 year price target to $120.
If Rambus goes to $40 before July 17...wow I would be making 30x my investment. I might sell some of my July 15 calls and buy the August 25 calls (trading around 60c) anticipating run to $40. As the article pointed out, RMBS went from 16 to 38 in 10 trading sessions.
Originally posted by: everydae
Originally posted by: JS80
Originally posted by: everydae
Hope I bought some RMBS when it was under $ 10! But well, I am not complaining that I jumped in right after first jump to $ 13. Hopefully my Jan 2010 30 calls would worth something soon!
BTW, my broker is transferring my Jan 2010 30 option ticker from WWOAF to BVJAF. It's been only two months since I jumped in option world, and never experienced such ticker change. Is this usual?
Yes it's normal. I think the letters denote something like the month or how many months out they are from expiration.
Ah, I see! Thanks for quick lesson!![]()
Originally posted by: Azurik
updated for June 12, 2009...
Cash and Cash Equivalents:
Cash = $49k
Fidelity Money Market = $450k
Individual Stocks:
Rambus = $246k
Dendreon = $21k
Tivo = $20k
Senesco = $16k
Tessera = $10k
United Natural Gas = $9k
Wells Fargo = $7k
Raytheon = $5k
Kraft = $4k
Bonds:
Pimco Bonds Total Return (Institutional) = $203k
Mutual Funds:
S&P 500 = $20k
Dodge & Cox International = $10k
T. Rowe Price Health Sciences = $10k
Turner Emerging Growth = $5k
