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lutach 03.31.2010 05:33 PM

Quote:

Originally Posted by Finnster (Post 358170)
I think the game is pretty much dead otherwise. I may start one up w/ some co-workers tho. Its much more fun to loose play money

Let me know if I can join. I'll play grandpa style :lol:.

Finnster 04.06.2010 02:13 PM

Ah man, too bad no else is playing anymore. My port has been on a tear lately. Should break over $10M. Just my lonely self to enjoy my riches... ;)

lutach 04.06.2010 03:22 PM

Quote:

Originally Posted by Finnster (Post 359050)
Ah man, too bad no else is playing anymore. My port has been on a tear lately. Should break over $10M. Just my lonely self to enjoy my riches... ;)

You're doing a great job. I'm still in there, but can't open my portfolio and the crew at marketwatch are supposed to be doing something about it. Pyroteknikid is there making a few trades. I also saw a couple other players as well. I just made 808 trades (809 now, just stacking up more C shares) to see what $46 billion gets me. It took just a few days to make all the bets :lol:.

On the real though, every time I see the market going up and up, I get a little chill in my stomach. The last time this happened, the whole world felt the aftermath and we are still feeling it. I will see what will happened in the upcoming months.

Finnster 04.06.2010 04:47 PM

Quote:

Originally Posted by lutach (Post 359066)
You're doing a great job. I'm still in there, but can't open my portfolio and the crew at marketwatch are supposed to be doing something about it. Pyroteknikid is there making a few trades. I also saw a couple other players as well. I just made 808 trades (809 now, just stacking up more C shares) to see what $46 billion gets me. It took just a few days to make all the bets :lol:.

On the real though, every time I see the market going up and up, I get a little chill in my stomach. The last time this happened, the whole world felt the aftermath and we are still feeling it. I will see what will happened in the upcoming months.

Yeah, who is that? That's the only other one I've seen make any trades. Scarletboa has been doing well, but he hasn't traded #$%^ since July 09 lol.

Your port is crazy. Maybe you should just call up Bernake and see if you can just buy Citi outright :lol:

lutach 04.06.2010 04:59 PM

Quote:

Originally Posted by Finnster (Post 359073)
Yeah, who is that? That's the only other one I've seen make any trades. Scarletboa has been doing well, but he hasn't traded #$%^ since July 09 lol.

Your port is crazy. Maybe you should just call up Bernake and see if you can just buy Citi outright :lol:

Were you able to see my portfolio? I can't go in there, it gives me an error, but I can go into other portfolios to check them out.

I like to lay low and not look for a lot of attention. If I did run any of those public traded companies though, they would be in a much better position.

Finnster 04.06.2010 09:26 PM

Dy
Quote:

Originally Posted by lutach (Post 359075)
Were you able to see my portfolio? I can't go in there, it gives me an error, but I can go into other portfolios to check them out
I like to lay low and not look for a lot of attention. If I did run any of those public traded companies though, they would be in a much better position.

No, I just saw on the rank page you had 800+ trades lol.
I think you broke it. :p

What's_nitro? 04.06.2010 09:28 PM

Quote:

Originally Posted by Finnster (Post 359073)
Yeah, who is that? That's the only other one I've seen make any trades.

:mdr: :mdr: :mdr: That's me! :lol:

I used my email name instead of my RC-M name... :oops:

lutach 04.06.2010 09:37 PM

Quote:

Originally Posted by Finnster (Post 359091)
Dy

No, I just saw on the rank page you had 800+ trades lol.
I think you broke it. :p

I hope they fix the problem. It might have to do with the updates one gets with every stock bought. It seems like it has some sort of live streaming. I would just like to see what the big cap stocks I bought will do when things heads south.

Finnster 04.09.2010 01:47 PM

@W-N?: Hey man, good to see thats you. You've been working your way up really well

Man, I'm smiling again today. Things are going great. That CPE I nearly went all in on @~$4 continues to run like a raped ape, up another 12% today and closing in on $8. Broke $12M now, and I don't think its nearly done. Have to watch out for those growing risks tho higher things go.

I have a good amt of this in RL I liked it so much, tho not nearly so aggressive. Goddam it, considered buying some $5 options for 0.10 when I started looking at it, but never did... If I could make money like this in RL things would be great. lol
That or I'd be broke by next year!

Anyways, happy Friday!

lutach 05.06.2010 04:14 PM

Oh boy. Lets see what the coming days will bring us.

Finnster 05.06.2010 04:22 PM

Holy hell, what an ugly last few days. I don't even want to open my portfolio.
I pretty much quit playing when you quit, and some of the things I had in there were stocks not to be left unchecked and prolly have come off heavily.

lutach 05.06.2010 06:18 PM

Quote:

Originally Posted by Finnster (Post 363259)
Holy hell, what an ugly last few days. I don't even want to open my portfolio.
I pretty much quit playing when you quit, and some of the things I had in there were stocks not to be left unchecked and prolly have come off heavily.

Crazy days indeed. I think the stock market is pretty much worthless nowadays. Everything being run by super intelligent computers, financial gods :lol: and prices of stocks with no real value. They're saying this was an error, my a@#, it was clearly the financial giants telling us they can do this anytime they feel like it. Don't blame another country's f&^% up for the market to be down, I don't buy that at all. I still look at a stock like it should be looked at, does the company sell a product and if it's profiting on its product? Plain and simple. I don't fall for the, "we are waiting for FDA approval" or "we are not profiting, but our batteries are really revolutionary and we stole the technology from this other company. We are in the Green Technology though, so buy our stock." I hope there's an end to this nonsense soon or we'll all be :angel:.

Let me know what you think is going on.

Did you see what gold did?

What's_nitro? 05.06.2010 10:32 PM

Lutach I still cant open your portfolio. The server times out when I try to acces it. :lol:

lutach 05.06.2010 10:56 PM

Quote:

Originally Posted by What's_nitro? (Post 363325)
Lutach I still cant open your portfolio. The server times out when I try to acces it. :lol:

I'm having the same problem. Mine started when I bought over 800 stocks :lol: and I guess their side can't hold all the streaming data.

lutach 06.09.2010 04:51 PM

AONE....My goodness.

Finnster 06.30.2010 09:44 PM

From 3/11/10
 
Quote:

Originally Posted by Finnster (Post 354368)
Its astounding, the mess we've worked ourselves into for the last 30 yrs. I bet 2009 will go down as one of the biggest wealth transfers in history.


I'm cautiously optimistic for 2010. What I am hoping to see is moderate eco and job growth starting in the next few months. Sounds like businesses have quite a bit of cash (the ones doing well at least) so there should be some interesting activity. I think the US eco will be fairly resiliant.

However, a few things to really watch for, or at least my predictions/guesses for 2010.

A.) Its an election year. Never underestimate the stupidity of politicians to screw things up (goes for any party) and sabotage a recovery for personal gain.

B.) Smaller world economies destabilizing. Greece, Spain, Iceland, etc. Greece had Goldman Sachs papering over their debt. Makes you wonder where else this will be discovered. Latvia sounds in a bad way too. Could be tip of an iceberg.

C.) The debt. I thought last yr Obama basically had two years to run the high deficits to try and get the eco going. We'll see how it works. No doubt tax increases, spending cuts and entitlement reform are coming next year. It will be as well recieved as the austerity cuts in Greece are being recieved now. It will also be up to Congress to make the cuts into law. It will be highly unpopular, and Congress is pretty disfunctional as it is just doing popular things.

D.) People and business are going to be pissed come 2011. Job growth is prolly going to be slow even best case scenario. Raising taxes and pension ages will not go down well. Not doing it will be even worse.

Overall, I am hopeful for 2010 as far as stocks go (dep on jobs/gdp growth.) As Nov comes around, I think things will get very dicey, and 2011 could be a very ugly year. IDK if I want to be in the market then (leaning towards no until the dust settles.) Lots of variables and unknowns can occur. I bet a lot a lot of other people will keep one hand on the exit door.



Bad bad bad. I don't like things one bit. I waited for a bit of a rally in June from the bloodbath in May and sold out a good bit of my RL holdings to cash, such as in my 401k and stuff last week. I'm wishing now I sold more.
May be reactionary, but I don't like things at all. The things I was hoping to see above are not happening, (ie job/gdp growth.) The roots of the "green shoots" seem shallow and weak. I don't like the way the political winds are blowing either.

Maybe its dumb fleeing to cash, but it all seems too risky to me. I had hoped we might be able to escape history, with the bear market rallies and double dips such as in the 30's, but I'm worried its just not going to go. Better to have some cash for when we bottom out again and hopefully relive to bulls of 2009.

Finnster 06.30.2010 09:57 PM

OK, hit my high of around $12M back in Apr. Haven't touched a thing since.

Currently its @ $7.8M. I'm not going to touch it and just compare doing nothing to the RL actions above of selling to cash. Will it burn? Or will it bounce off of a bottom from panic selling and perform ok? Not a perfect test of much, just my own curiosity.

lutach 07.01.2010 02:49 PM

Cash, Gold, Silver and others will rule if things continue to be like this. Gold, Silver, Copper and more commodities might be the best bet. Will the market bounce back? Maybe, but it might go lower first.

Did you see TSLA? I'll be watching it :lol:.

Finnster 07.01.2010 05:07 PM

Quote:

Originally Posted by lutach (Post 371922)
Cash, Gold, Silver and others will rule if things continue to be like this. Gold, Silver, Copper and more commodities might be the best bet. Will the market bounce back? Maybe, but it might go lower first.

Did you see TSLA? I'll be watching it :lol:.

I figured it would do the same thing as AONE. I was pondering buying some close to the open price and sell it off quickly as the mania took off and before everyone realized it was overrated.

17->30->~22 in about a day lol

I didn't tho, but it would have worked well enough. How long until it craps out like Aone? lol
I highly doubt they can go from a R&D level production to mass production and compete w/ the majors w/o a lot of hiccups, esp w/ thier awesome panasonic laptop batteries. I'm leaning BS on this one,

lutach 07.04.2010 01:01 PM

Quote:

Originally Posted by Finnster (Post 371941)
I figured it would do the same thing as AONE. I was pondering buying some close to the open price and sell it off quickly as the mania took off and before everyone realized it was overrated.

17->30->~22 in about a day lol

I didn't tho, but it would have worked well enough. How long until it craps out like Aone? lol
I highly doubt they can go from a R&D level production to mass production and compete w/ the majors w/o a lot of hiccups, esp w/ thier awesome panasonic laptop batteries. I'm leaning BS on this one,

Tesla was probably forced into the IPO so the original investors would make a ton of money. It's usually the case and also change of management (We saw that one already lol). I hope they get things going and can be profitable without cutting corners which is hard to do :lol:.


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