I've held some of my stocks for a while now and HGSI was the one I missed big time :lol:. I hope a time machine comes out before I die :lol:. I'll just take the stocks from 1990 or so and pick out the freak ones that gained a lot over the years.

GOOG ftw!

lol... I remember when I was a kid playing w/ PCs and DOS 5.0 I told my Dad he should buy MSFT (late 80s.) He said it was no good.

lol

reminds me of my high school economics stock project, it went all semester long and you had to pick and monitor the stocks that long. They had some book it was about 4" tall by 8" long green cover I got free from a real estate agent, didn't matter the year edition (the name escapes me) (pre internet days im old, this was in 1986) anyways I just picked out the top earners, charted them for 3 months and turned it in like I was a financial genius. Got a B+ in that class, thats 4 A's for most of you

I had a book like that, but they change it every year. One thing I would do before I go back in time is actually search for stocks that were bellow $1 and go from there. I would've liked to go before 1990, but that's when I came to the US.

I got a little buying power so I went to pinksheets and bought the big losers :lol:. Big gamble for sure.

More Lehman? ;) hahaha


Had another good day, cracked 1.3M and went from 15th Monday to 5th today!:party:

My one position that got killed is coming back, and some other things are moving. I'm starting to consolidate on a few more reliable positions and selling of the larger number of small gambles. All I need is for a couple of these to break out and things could get really good. I'd be really happy if I could break $1.5M by the end of the month, tho you never know...

I bought RTK a couple weeks ago @ .62, sold a day later @ 1.35 and was proud of myself. Its since went up to nearly $3 and I was trying to buy it back @ $2 lol.

I reached my goal with Lehman. I went with a few others, but a few got canceled. I'll have to wait and see how Monday will turn out to see if I could buy them. You're doing good and a $300,000+ profit is not bad at all specially for less then a year. Some of my gambles paid off big time, but it would've paid more if I kept them.

I just checked and it seems that 3 (WLSI, ARTI and SMWF) of the 4 (CRRA) stocks I recently bought are giving me a little profit :rofl:. I thought I was going to get hammered on them. If Monday turns out good, I'll buy the others that didn't go through (EXBX, NPHC and VMCI).

I've been thinking :intello:, since DRYS is not doing anything, I might sell it and take a huge loss. What do you guys think?

IDK, depends if you need the capitol or not. I know I can get impatient waiting on a stock that's not doing anything. I know you can miss pops that way, OTOH if its just sitting there in the water while everything else is going, its aggravating, esp if you got better plans.

I dont follow drys, but it seems like its kinda dead in the water (hahahaha.)
I would think you have some time to jump into something else if you wanted to get back, otoh, if you are not in a rush, it may move later on.


I came close to my $1.5M today, peaked around $1.49M, then backed down abit. Tomorrow should be interesting. Hopefully PNX will break out big time and push me over the top. ( I see you've got some too Luciano ;) )

I'll sell it tomorrow and go on my search for some crazy stocks in the pinksheets :rofl:. I got PNX when it was one of the losers of the day lol.

I've been watching a few stock in the pink sheets and saw that some had huge % gains and now I'm going to gamble on a few more to see if I get lucky before this one game ends. I now own a few stocks with 100 million share and if one of them has a nice little spike, I'll definitely hit $20 million. This game has thought my friend a good lesson and he even started trading again, but didn't do it the way I did.

Lehman rules :lol:.

Next game plan will be to buy 10 more shares of BRK.A. Lehman will probably go back down and I hope that I see more gains before the game ends.

+150% W000T:party:

got your $20M! My PNX had an awesome day, but not that good. Stupid me chickened out and sold a good deal off @ $2.5 when it was heading down hoping to buy it again on one of the dips its been doing, but it rocketed at the end of trading here and closed at $3 and I missed closing at my $1.5M target. Monday should be interesting... :)

:lol: It's actually 200% now. What a day and even my friend jumped on Lehman and made some profit. If he had put all his money on it, he would've done better. I got in PNX when it went down big, but I only bought a small amount. I was able to get up to the 50 shares of BRK.A and at closing I bought over 700,000 shares of Citi (C) :lol:. I reached my goal and now I'm just going to mess around with the pink sheets stocks. You guys will see me holding a few billion shares of them if I get more buying power.

In your opinion, whats the deal w/ all these busted financials going nuts lately? C, AIG, FNM, even Lehman. Is this getting to be irrational BS, or is there real value there?
Hard to fight the trend right now, but I'm not that confident is sustainable for the short term.

They (The investors) are just trying to recover what ever they lost in my opinion. A lot of investors have lost and are still loosing money on C, FNM, Lehman and a few others, so this is just something to cover their losses. Financial companies are still fragile as they required the most life line. I'm really hoping the market keeps going up, but it's very hard and there could be a panic of some sort which will cause a mass sell out.

What I think the trend right now is, most stocks will suffer greatly on a downgrade and any bad news out there, but most stock will gain greatly with an upgrade and good news. Pharmaceutical stocks are a trip and can be awesome if one goes in before any FDA approvals, but will suffer if it doesn't pass.

Right now is the time to go in long. Find a solid company and stick with it for a while. There are a lot of companies out there that have gone up since the bottom, but are still 50% and more lower then it's highs. So if anyone has the money to invest, a year ago would've been the right time, but anyone can still make good money now.

If my friend had bout nothing but Lehman, he would've made up the money he lost. I forgot to mention to him what my plans are for the very cheap stocks I bought, but he bought one of them. I'll talk to him tomorrow and maybe Lehman will go to about $0.30 or more so he might still have a chance. I went down the list of all the Brasilian companies listed on the pink sheets and I know most of the stocks I'm currently buying will not go through, but will be what I'll eventually buy before the game ends.

Lehman rocks :lol:.

Finnster,

What are you going to buy next?

Does any RC company issue stocks at all? Would be nice and since I got to the $20 million mark, I would just put all of it in it until the end of the game.

Lehman rocks :lol:. Might hit $1 or 2, but it could also go back to $0.03 or 0.05 in the next few weeks. It would certainly be nice to get $100,000,000+ out of $1,000,000.

IDK, haven't time to look really. My gains have been good, but otoh, I'm working my ass off for 20% gains only to watch some chitty gov't bailout bank flying up 100's of % in a month and you feel like a chump.
The portfolio is more or less what I've been doing w/ my real money, just much more aggressively, with some side experiments, and quite a bit more money. I'm getting a bit iffy on the market w/ all the finacial action going on. Wonder if its a bit more speculation than reasoned investing, and cause for worry about a pullback here before too long. IDK.
OTOH, if you can't beat em, join em. I'd like to have a day where I close above 1.5M. Its gone over a couple times, but didn't hold to close. If I can hit that, maybe I'll do some wild speculating an let it ride wherever it takes me. IDK, I threw some money in DXD for a hedge and we'll see where that goes. I have quite a bit of cash on hand, so really I'm waiting at this point.

I feel you man. In reality outside the game, it really takes a lot of guts to gamble on anything now. Stocks could go north in a flash for no reason at all, but it could also go south the same way. The US Government will make some huge amounts of money with the banks they helped, but they could've made a lot more if they helped Lehman. Lehman right now has a nice sum of cash and some really good assets that some said to be worth more then most of the banks that got bailed out. I hope there's not a big pullback to mess up this nice little upward motion were getting.

Did anybody else jump in Lehman early today? This stock could've pushed almost everybody to over $2 million.

This is bringing back a lot of good memories of my stock broker days :lol:.

I tried to.. set limit too low and missed it. :(

I have no idea how to value this stock, altho I am almost tempted to buy some for real with some throw away money ($1K) and see how it goes. If I could buy for .10 or .15, what's the most I could loose? Few hundred bucks seems like a good gamble if it does come close to $1

What do you think? Stupidity?

Oh man...I should've doubled down when it was $0.03, but I thought it was going to make a move back then. In the game, I'm just taking advantage of the buying power I get when it moves up and it's been awesome lately.

If you go by the amount of cash and assets they have, this stock is a bargain. They have more cash then FNM, FRE and AIG which are all backed by the Government. It'll be a roller coaster ride, but I would love to see it at the same level or higher then FNM or FRE.

I think LEHM is a great value, but the traders will decide whether it has a real shot to over $1. If you do have the cash to go in, see if you can grab some at $0.15 or less and hold it for a while. Buy more if you can and if Lehman comes out of Bankruptcy you'll come out good too.

Finnster,

If you do have the money to play with LEHMQ (For real), it might be risky right here, but it looks like it's holding just above $0.20. Now this is just my opinion and it could go back down to $0.05, so I'll leave this up to you now.

Oh IDK. Its Monday and I've had little sleep and I'm thinking weird things. Sold out one of my positions right before it climbed 11% today. Maybe I should step away from the keyboard before I do somethign dumb.

IDK on the Lehman. I guess the thing I don't understand is what the hell people are buying? If if did gain any value, wouldn't it all just go to bondholders and lawsuit claimants? Some story out today claims $100B in liabilities. What would stockholders get?
That doesn't mean the stock can't go up, I just don't get the point. Sort of like the MTLQQ. Even the CEO is saying not to buy the stock, its future price will be 0, its a liquidation Co, and any new GM will be under a new IPO unconnected to this ticker, but millions of shares trade daily. ? I know I have lots to learn, only really started trading this year, but this just doesn't make sense to me.

Anyway.. I think perhaps I'll ride w/ PNX for a bit. They got downgraded today, but the stock didn't budge, and actually climbed to a new high. Lots of volume as well. There was a ton of insider buying a while back in Mar as well. We'll see if my portfolio survives myself yet.

A day trader will go in make his money and get out, I'm more of a long term guy and usually try to hold a stock as long as I can (DRYS sucks lol). So this might not be for everyone. Sometimes, what might be down in the morning will go up in the afternoon and some will just go to the roof the next day.

The $100B thing is Lehman UK which makes no sense at all. Lehman has real cash and a lot of assets which can be used to pay up, but it's the traders who will decide where the stock will go. Cheap stocks are mainly what the day traders I know buy. They go in and buy more shares (It's what really counts at the end) and hope the stock moves and they make their money on it. I know guys who can easily make $5-10K a day and I'm sure they're using MTLQQ to make some profit. In the end it's all about going in and getting out at the right time even if a stock will no longer be there.

I like my 25K shares of PNX, I didn't go big there just to see what it would actually do and it's up $1 for me. I'll keep it at that for now. I just hope Lehman can go to $1 before the game ends. I'll just ride this out until the end. My portfolio has been crazy since the biggining. It went to the center of the earth and now it's making sure Pluto is really a planet or not lol. If Lehman goes to $1, it will be looking for new life in a new solar system. What a ride for sure.

Now for real though, investing in anything is risky and one must do his/her homework before investing.

I would like to know if you guys want me to edit the game's date so we can continue with this one for a while longer? Let me know what you guys think.

Lehman is showing some good resistance at around $0.18-0.19, but it did dip to the low $0.15 (Might have hit less) today. It might still have good potential to go to above $0.50, but it's a very risky move.

Note: I got in MTLQQ when the ticker was still GM and later changed to GMGMQ. I was going to sell it when it went above $1, but I kept it just for the hell of it.

I don't mind. End of the year makes sense to me. Lot of us got in late anyway. Should be interesting during that time anyway.


IOW.. market is taking a beating now. I bought more PNX just before it dropped 20% >_<

Buying up more and hoping gor the best. the only one I got in the green in teh DXD I got a few days ago to hedge against a drop. Knew it was coming, but hopefully this is just a small correction. Hell of a run we've had and some financials got a bit silly imo.

Ok, I'll keep the game going.

Taking a beating with good news, it's kind of strange. Maybe everyone is just to worried and got some profits. I hope tomorrow will be better. I thought PNX was going to the moon today. It did go over $3.

Yeah man, it was a great run there. I think Lehman will still show it's pink sheet strength soon. Hopefully it'll come out of bankruptcy and it'll show everyone what a monster the company really is. Too bad LEHMQ will most likely go away :lol:. I got some screen shots though to keep as a nice memory and if it goes up more I'll just keep taking screen shots lol.

Haha re PNX. I bought a bunch back and sold off some stuff w/ less potential. I was actually doing this today w/ my real $, and if I was 20min slower I would have caught it after the drop. Sucks to go away, come back to you desk and seeing the thing you just bought down nearly 20%. Fook.
Got a major position now in it in the game again, so I hope it pulls back soon. If it gets to $5-6 like I'm hoping it will be awesome. No Lehman, but not too bad either.


I am bullish on it tho. I had a good feeling the market was due for a drop. Hopefully its just a minor correction. I was hoping it would not get dragged w/ the market, but I guess I was being optimistic. You never know tho. Least the DXD is green today. W00t 3%!

I can't wait for a time machine :lol:. I'll just keep my 25K shares of PNX and see where it takes me. I wasn't expecting it to drop like that, but it looks like a steady hold now so maybe tomorrow things will get better. Lehman is also holding a steady pace here.

Well that was a crap day. Lost 200K. PNX got killed as said, but I had aquired some Rambus, but their anti-trust trial got delayed today and that took a tumble too. Week hasn't been going so well so far.:party: I'm hoping this won't be another ugly Sept/Oct.

Oh well, least I'm not back to 15th place again. I doubled (maybe tripled lol) down on PNX, so lets see where that goes.

I can't complain, but yes it was an awful day. Maybe tomorrow it'll gain what it lost today. That sucks about Rambus, they're a good company. I'm really hoping to see everyone on the positive side. Right now I'll just sit back and wait until I get more buying power.

Nice job Finnster, 3% on a crazy day like today is not bad at all. I hope tomorrow will turn out better then today. I hope traders will make it a good Friday for everyone to enjoy the weekend :lol:.

I hope I get lucky with THMRQ. I see that THMRO is up 512% and THMRN will be up 3158% real soon.

lol.. that's some low volume tho. 800 shares. Did you aquire any meaningful amt of shares?

I was wondering if the game limits you to avg volume on selling like it does on buying. Couple of stocks I wanted to buy were so low avg volume that I could only get like $5K of stock at a shot which ended up being a big waste of time.