:::RHMT::: Real Home Made Turbo
General Category => General Discussion => Topic started by: xpert787 on April 04, 2009, 02:35:39 PM
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Anyone have good ideas, I am in the investing mood again, and have about 5k to invest. I already have 3k tied up in AXP, DOW and CLP. I got rid of MW for a 40$ loss as I overestimated their competitive advantage. I would like to add to AXP because I think it's a good company well run, and people are overly pessismestic about their prospects but I'm not sure. Can you guys share your investing wisdom with me, especially people that have made money in stocks.
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go back in time and buy a bunch of shit four weeks ago.
also, jpm is the nig diddy, their not going anywhere but up.
all the finance companies felt the effects of this "crisis" a year before any other firms, and the finance boys are hiring again, ergo, buy their shit and ride them out of the recession.
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Buy Kuwaiti dinar.
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b16a's. They were worth 250 in 1996. 1200 in 2009.
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go back in time and buy a bunch of shit four weeks ago.
also, jpm is the nig diddy, their not going anywhere but up.
all the finance companies felt the effects of this "crisis" a year before any other firms, and the finance boys are hiring again, ergo, buy their shit and ride them out of the recession.
That would be nice
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Zales ZLC They just doubled yesterday and made me a couple hundred bucks. And they are still decently cheap. Check them out O0. I'm probably pouring a bunch more in on monday. :yes: The nice thing with them being cheap too is that you can get one metric fuck ton of shares for not much. Can you say big gaines!!! Also been watching sirius SIRI for a while. They were in the shitter about a month ago but have come back up some. Then they leveled off for a while but I think they have the potential of going up more. They also are less then a buck. Got about 500 shares in them right now.
https://www.etrade.wallst.com/v1/stocks/snapshot/snapshot.asp?symbol=zlc&rsO=new (https://www.etrade.wallst.com/v1/stocks/snapshot/snapshot.asp?symbol=zlc&rsO=new)
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Sirius has never turned a profit, not even after merging with XM. They made the top 15 list of companies going under in 2009. If you invest in them you are seriously retarded.
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Sirius has never turned a profit, not even after merging with XM. They made the top 15 list of companies going under in 2009. If you invest in them you are seriously retarded.
+1, to the point for the first time in almost 5 years, that I might just go month to month with my Sirius subscription this year, as I have a feeling they won't make it the full year.
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Should buy some AIG already doubled in the last 2 wks. ;D
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Sirius has never turned a profit, not even after merging with XM. They made the top 15 list of companies going under in 2009. If you invest in them you are seriously retarded.
I have sirius on my dish, and I listen to it quite frequently, but I cant justify buying it for my vehicle when i can just tune into my local stations...
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Sirius has never turned a profit, not even after merging with XM. They made the top 15 list of companies going under in 2009. If you invest in them you are seriously retarded.
Your right, if you had bought in a month ago when they were only .02, you would have only doubled your money 10 times over in 4 days.
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sirius was at .06 in feb, they were up to .40 a share a week or 2 ago. buying sirius now would be a bad idea.
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Ahh, gamble a little, get in them now, if they go back up with the rest of the economy, you will do just fine. The only reason they dipped as low as they did when they did is they were in trouble of going bancrupt until someone steped in and gave them a hand. There have been some big exec changes sense then and things are turning back. You have to look back farther then a few months. Go back years and see how they are doing. Stock are way to volital right now to base your decisions off of a month or two. Side note, my zales is still making me a decent amount of money. Take a look there ZLC
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Ahh, gamble a little, get in them now, if they go back up with the rest of the economy, you will do just fine. The only reason they dipped as low as they did when they did is they were in trouble of going bancrupt until someone steped in and gave them a hand. There have been some big exec changes sense then and things are turning back. You have to look back farther then a few months. Go back years and see how they are doing. Stock are way to volital right now to base your decisions off of a month or two.
What part of they have never turned a profit do you not understand?
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Ahh, gamble a little...
That is exactly what this style of "investing" is. IMHO it is no more investing then sitting down at the craps table.
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someone link me to financial statements for srs and ill see if i can make joseph look silly
probably not, but thats just because the stock is rated poorer than shit
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I read a Yahoo article about them, and others.
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if it was an article by someone trained to do financial analysis who randomly wrote an article, cool
if it was an article by someone trained to write articles who randomly did a financial analysis, hot
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Listen to Peter Schiff.
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if it was an article by someone trained to do financial analysis who randomly wrote an article, cool
if it was an article by someone trained to write articles who randomly did a financial analysis, hot
Then fuck the article and do a financial analysis of Sirius for us.
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Actually, Googling "Sirius radio bankrupt" says it all. Despite the $530 million bailout by Liberty Media (Direct TV) most people think they are still going to tank. They also reiterate that Sirius has never turned a profit, and subscriptions are slacking. COnsult the NYTimes financial page, I ASSume you trust that, Arnold.
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I don't care about sirius and I only read the NY times and the WS journal because I have to every day for school -_-.... and most of what I read is vehemently supported by my finance teachers, and then ripped apart by the accounting teachers.... so I go by methodical breakdowns of statements, not windsock journalists... and there is a big difference between a company being a good week investment and a good long term grower... and you wont catch anyone putting their retirement loot into a company that has essentially failed already... but it makes sense to make a few bucks off them here and there if you hear something
cue gecko
"buy on rumor sell on news"
cue handjob
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I chuckle to hear you speak like rawr.
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I chuckle to hear his sperm burbling in your gullet whilst you chuckle at me.
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I chuckle to hear his sperm burbling in your gullet whilst you chuckle at me.
i chuckle because i'm not as smart as either of you
however i'm better looking
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you think your better looking than me?
I just went outside and took this
shit was so cash
(https://realhomemadeturbo.com/forum/proxy.php?request=http%3A%2F%2Ffangap.com%2FPortals%2F16%2Fblogs%2FRobertPattinson.jpg&hash=2959512667429f7ac470dd31743e7d356c6121f3)
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Your boyfriend?
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I don't care about sirius and I only read the NY times and the WS journal because I have to every day for school -_-.... and most of what I read is vehemently supported by my finance teachers, and then ripped apart by the accounting teachers.... so I go by methodical breakdowns of statements, not windsock journalists... and there is a big difference between a company being a good week investment and a good long term grower... and you wont catch anyone putting their retirement loot into a company that has essentially failed already... but it makes sense to make a few bucks off them here and there if you hear something
cue gecko
"buy on rumor sell on news"
cue handjob
Gonna have to agree with that stupid bald fuck. Siri was a buy at $0.05, not at $0.40. Nothing but a massive gamble anyway. It's just as likely to see .01 as it is to see anything else. Hit up a casino and play the slots for some better odds.
The market is so volatile as this point there's no way to just say "yea, buy ____". If you aren't on top of things and watching the action yourself every day you're going to get fucked. Play the swings and you'll make good money.
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Put 1500 into AXP today, I'm going to average in. I would like to get back in around 12/share but I don't know if that will happen. I used the Graham formula to come up with the "intrinstic value" which is independent of the stockmarket price and I got 25.00 a share so half that(12/share) gives a 50% margin of safety to account for bad news and possible earnings disappointments. The formula is Price=Earnings(8.5+2growth) if you guys are interested. If you use it don't do it in isolation it look at the balance sheets/anual report etc. The beauty of this approach is that the more the price falls the safer a bet it becomes, as long as the fundamentals remain intact. The down side is you may have to wait years for the stock to go to it's intrinstic value, and some never will. Thanks for the ideas I should have been more specific about my time horizon(3-5yr), the fast trading stuff is something I would like to learn better but just don't have the time for, I know I would get my ass handed to me if I tried it.
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Put 1500 into AXP today, I'm going to average in. I would like to get back in around 12/share but I don't know if that will happen. I used the Graham formula to come up with the "intrinstic value" which is independent of the stockmarket price and I got 25.00 a share so half that(12/share) gives a 50% margin of safety to account for bad news and possible earnings disappointments. The formula is Price=Earnings(8.5+2growth) if you guys are interested. If you use it don't do it in isolation it look at the balance sheets/anual report etc. The beauty of this approach is that the more the price falls the safer a bet it becomes, as long as the fundamentals remain intact. The down side is you may have to wait years for the stock to go to it's intrinstic value, and some never will. Thanks for the ideas I should have been more specific about my time horizon(3-5yr), the fast trading stuff is something I would like to learn better but just don't have the time for, I know I would get my ass handed to me if I tried it.
And that's pretty much key. With the way this crisis continues to go, I wouldn't count on anything 3-5 years out. Trade it as it is month to month. This isn't the time to hop in for the long haul.
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I'm buying metals, ammo, non-perishable food
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I'm buying meth and hookers.
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I guess thats one way to deal with the future, make sure your not around for it, or too fucked up to know better
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I'm buying meth and hookers.
Knowing you gilf hookers ;D
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I'm buying meth and hookers.
Knowing you gilf hookers ;D
Sagging fun bags!!! aw yeah!!!
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I'm buying meth and hookers.
Foreign currency.
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Sex and drugs are recession proof
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My soon to be father in law, has twenty 5 gallon buckets full of copper that were old wires in houses that he burnt the shielding off of or copper plumbing he got out of houses (hes a carpenter) and were going to load them into my dump truck once the scrap goes back up, I miss scrap being so high. Anytime I got a few hundred pounds of extra scrap laying around it added up to usually enough to take my old lady out to eat.
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well, good thing you didn't take my advise. When I posted they were only in the low .30.
https://www.etrade.wallst.com/v1/stocks/snapshot/snapshot.asp?symbol=siri&rsO=new (https://www.etrade.wallst.com/v1/stocks/snapshot/snapshot.asp?symbol=siri&rsO=new)
:yes:
Zales is pulling pretty hard too.
https://www.etrade.wallst.com/v1/stocks/snapshot/snapshot.asp?symbol=zlc&rsO=new (https://www.etrade.wallst.com/v1/stocks/snapshot/snapshot.asp?symbol=zlc&rsO=new)
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Sold out of AXP recently at 25.00 because that's what I thought they were worth. Looking for something different. I have been considering the electric companies because they look over sold as a group, but I am never 100% sure wish I could be.
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Invest in Chrysler. ;)
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Lol I would be better off going to Atlantic City, then messing around with the auto companies.
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I'd be looking for an SPY call spread on a pull back. I'm amazed at the action the last few weeks, but I think it's running out of steam to the upside at this point. Get down 10% peak to trough intraday and an spread setup mid to late summer looks attractive.
Of course a puts on the GLD look attractive with some strength to 90ish or breaking below 85.
C after the prefered conversion could get interesting or F prefered looking a year or two out.
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Lol I would be better off going to Atlantic City, then messing around with the auto companies.
Ford is hangin on
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I wouldn't buy F common with the money made from selling out HMT.
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After this shit lately, I'll never again buy a GM or Chrysler product. Be it stock or vehicle
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I'd still take a CTS-V if I could afford it.
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I said buy, If I won or was given one, I'd rock/rape it
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I'll get one as soon as I have the $69K laying around for it.
Of course if I had that laying around I'd just get a GT-R and go nuts.
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fuck that
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But on the GT-R 500+ should be a boost controller away.
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if the tranny holds up
Nissan is worse than GM, sueing some dude for something they missed out on and he has full rights to.
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Nissan is worse than GM or Chrysler as far as build quality or reliability goes. Their GT-R is not as fast on Nurburing as claimed, the thing falls apart frequently to choruses of "warranty denied," and it's about the best thing they have going right now as the rest of their product line is dogshit. Nissan's been skirting bankruptcy for over a decade now, for a reason.
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Nissan is worse than GM or Chrysler as far as build quality or reliability goes. Their GT-R is not as fast on Nurburing as claimed, the thing falls apart frequently to choruses of "warranty denied," and it's about the best thing they have going right now as the rest of their product line is dogshit. Nissan's been skirting bankruptcy for over a decade now, for a reason.
I thought Renault owns Nissan and Nissan is now a profitable company again.
If not better not tell the French. ;D
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What are the French going to do?
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Someone give me advice. I have money I want doubled so I can buy a house. I'll pay commission but if I lose money, I get to fuck the best looking woman in your family.
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Someone give me advice. I have money I want doubled so I can buy a house. I'll pay commission but if I lose money, I get to fuck the best looking woman in your family.
What your time frame? If it's less than a year...
50/50 chance, can't beat that with even a big stick.
(https://realhomemadeturbo.com/forum/proxy.php?request=http%3A%2F%2Fz.about.com%2Fd%2Fcasinogambling%2F1%2F0%2FZ%2FB%2FRouletteRedBlack.jpg&hash=5e8725fc72b06e4aa8886d70c1eb97ed8d8be7d9)
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I made a wage a year where I should be able to buy a house in about 12-18 months from today. The investments would just help make that happen faster, allow me to buy a better home, or just let me have money after I buy a home.
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I made a wage a year where I should be able to buy a house in about 12-18 months from today. The investments would just help make that happen faster, allow me to buy a better home, or just let me have money after I buy a home.
If you're looking at least a year out, buy any decent, non-financial company. Of course, that's if you buy into a 2010 recovery. Personally, I don't. If you don't think we're going to see a true recovery by 2010, then now is not the time for long term investing. You can double your money in a year with a little work, but it's going to be with active trading, not buying and holding.
Most importantly, DON'T buy anything right now. We're waaaay overbought, the market is being floated by only god knows what artifical means, and the next crash will happen. Wait for that day that's solidly into the next big downturn when everyone starts talking about the end of the world, no hope of a recovery, news is just getting worse and worse, and throw all your money at any big name that's taken a beating.
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Most importantly, DON'T buy anything right now. We're waaaay overbought, the market is being floated by only god knows what artifical means, and the next crash will happen. Wait for that day that's solidly into the next big downturn when everyone starts talking about the end of the world, no hope of a recovery, news is just getting worse and worse, and throw all your money at any big name that's taken a beating.
Short covering is my take. You have plenty of Roubini followers who thought the world would be ending, bought gold and shorted everything else. Roubini's S&P 500 call was the moment that marked the bottom for now, there were no sellers to take the market below 666. Right now there are enough sellers at 875 to keep the market here while shorts are covered for a loss.
I'd be really tempted to put on a put spread at 875, but I think this could hold much longer than it should just because of all the people caught the wrong way.
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Most importantly, DON'T buy anything right now. We're waaaay overbought, the market is being floated by only god knows what artifical means, and the next crash will happen. Wait for that day that's solidly into the next big downturn when everyone starts talking about the end of the world, no hope of a recovery, news is just getting worse and worse, and throw all your money at any big name that's taken a beating.
Short covering is my take. You have plenty of Roubini followers who thought the world would be ending, bought gold and shorted everything else. Roubini's S&P 500 call was the moment that marked the bottom for now, there were no sellers to take the market below 666. Right now there are enough sellers at 875 to keep the market here while shorts are covered for a loss.
I'd be really tempted to put on a put spread at 875, but I think this could hold much longer than it should just because of all the people caught the wrong way.
Agreed. That's the only theory I've heard so far that makes any sense. Notice the declining volume on the dow. Are the shorts almost done covering? Maybe.
The only problem I have with it being explained by short covering alone, is that both the Dow and Nasdaq have solidly broken long term down trend lines. Is short covering really that powerful? It's only a small kink in the theory, but it keeps me wondering. I think the short covering rally is also being fueled by idiots buying into the hype, and funds pumping the market to keep the insanity going so they can maximize profit before they let it fall on its face.
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I bought that for yesterday being the end of the month and hedgies wanting to show they have the right stuff on the books. Today the only thing I can put together is people trading backwards and think there's going to be a big move over 900 up to 1050 on the high side.
I think there's too much resistance to the upside right now and am waiting for some kind of correction then taking a shot at the SPY. I'm guessing we could bounce off 875-880 for a while as supply overwhelms at that level.
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Yet again, Tyler displays his complete inability to participate in any car-related theme on this, or any, forum.
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Eat a dick, baldy. (R)HMT stopped being about cars years ago. Don't be sad that's everyone is moving on and you're still playing alone because it's the only subject you know anything about.
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I bought that for yesterday being the end of the month and hedgies wanting to show they have the right stuff on the books. Today the only thing I can put together is people trading backwards and think there's going to be a big move over 900 up to 1050 on the high side.
I think there's too much resistance to the upside right now and am waiting for some kind of correction then taking a shot at the SPY. I'm guessing we could bounce off 875-880 for a while as supply overwhelms at that level.
So I'm guessing you're not thinking we're going to retest the lows right away.
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The 666 S&P level? No. Right now I have doubts about seeing that again anytime soon if ever. But you have to trade what's in front of you, not what there should be.
Side note, RHMT portfolio:
DEO - Liquor
NUE - Steel
HON - Turbos
XFI - Ching-chong-meow W/ side of fried rice and an eggroll
PLA - Closest thing to porn that's publicly traded
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am I the only motherfucker who posts on here from 3-5am? :(