***Official*** 2009 Stock Market Thread

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hiromizu

Diamond Member
Jul 6, 2007
3,405
1
0
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?
 

Azurik

Platinum Member
Jan 23, 2002
2,206
12
81
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.
 

JS80

Lifer
Oct 24, 2005
26,271
7
81
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.

I disagree. Cartel will want to settle and never go to trial :p. That is the news before September! My July calls will roll to August, then to September at out of the money. Cha ching.
 

Demo24

Diamond Member
Aug 5, 2004
8,356
9
81
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?

Partially, but you can still lose out on your investment in the contract and I would rather not. My problem is now I've held them too long and they will expire, thus I can't wait for the stock price to come back up. Newbie mistake.
 

gotsmack

Diamond Member
Mar 4, 2001
5,768
0
71
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?

I swing trade and I lost 30% last year. The year before that I broke even overall, starting from when i first started trading (well, I lost out on bank interest).
 

Demo24

Diamond Member
Aug 5, 2004
8,356
9
81
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.
 

eLiu

Diamond Member
Jun 4, 2001
6,407
1
0
Hm I just started looking at stocks recently, b/c I realized I finally actually have some money to my name, and it isn't doing much for me in the bank. (Kinda wished I'd felt inspired earlier this year, since like everyone in this thread is head over heels for azurik and rmbs, haha :) and I missed it.)

Anyway for the longer term, I've been looking at SUN, GE, PFE, CVS, and IBM for buys in the near future. Opinions/thoughts?

I may also set aside some money for experimenting/playing with these super cheap stocks that many posters here are so excited about. Sounds exciting.
 

eLiu

Diamond Member
Jun 4, 2001
6,407
1
0
Originally posted by: maddogchen
would rather get johnson and johnson rather than PFE

why? JNJ seems like a much safer bet (feels like investing in EL or something), but my understanding is that at this age (23) I should want somewhat riskier investments? pfizer also seems to have good recovery potential if the wyeth merger pans out.
 

Ballatician

Golden Member
Dec 6, 2007
1,985
0
0
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.

I agree, it does seem to be starting some downward movement. I do think it will rebound to the level it was at this week and idle along for some time though. I'll keep watching.
 

beaver

Senior member
Aug 14, 2001
414
0
0
hold my positions longer than day-trade but much shorter than usual investment since market has many uncertain factors from last summer.
loaded and closed AIG. got almost even. loaded and closed BAC with certain gain. laoded and hold UAUA at this time.
 

JS80

Lifer
Oct 24, 2005
26,271
7
81
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 :p

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.
 

SSSnail

Lifer
Nov 29, 2006
17,458
83
86
Originally posted by: Crusty
He's also against shorting... so go figure :p
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.

The SEC in its more than 75 years of existence did NOTHING to protect any of the fundamentals and principals it was created to protect and uphold. FUCK them too.
 

KDKPSJ

Diamond Member
Dec 13, 2002
3,288
58
91
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?
 

JS80

Lifer
Oct 24, 2005
26,271
7
81
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.
 

KDKPSJ

Diamond Member
Dec 13, 2002
3,288
58
91
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! :)
 

Demo24

Diamond Member
Aug 5, 2004
8,356
9
81
Has anyone had their broker confuse an option ticker with a stock ticker? Its happening to me on one of mine, I own option contracts but when I click the ticker to see more info it gives me a stock quote on a totally different company. It doesn't seem to effect my buying or owning the option, so its just a tad annoying(can't check the ask/bid easily) and kind of funny. :)
 

Azurik

Platinum Member
Jan 23, 2002
2,206
12
81
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.

I was there for that run from $16 to $36 - remember it well because I made $85,000 buying and selling short-term shares/options. One needs to remember that during that time they signed a lucrative license with Fujitsu along with Judge Whyte handing Rambus their first major win. Rambus also has jumped $40+ in one day before and has had many $20+ jumps.

This is a different era though. I share agreement with NukeJohn's price predictions, but I think he's being a little optimistic comparing it to the the Spring 2006 run. This won't solve itself in 11 days... but I'm more than happy if I'm wrong.
 
Sep 29, 2004
18,656
68
91
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! :)

Your options were converted from LEAPS to regular options.

Yes, the letters all mean something. Just google it.
 

Azurik

Platinum Member
Jan 23, 2002
2,206
12
81
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
 

HopJokey

Platinum Member
May 6, 2005
2,110
0
0
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

If that's your portfolio you are totally into RMBS. All of your other individual stock holdings combined is less than 40% of the value of RMBS.

Do you plan on balancing it out? RMBS is cool right now though :p
 

GTKeeper

Golden Member
Apr 14, 2005
1,118
0
0
Rambus is seriously ramping on HIGH volume as of about 10:15 am..... I am not seeing anything in the news. Does someone know something is coming around the corner?