Stock Market Game - Page 12 - RC-Monster Forums

lutach · 09.14.2009, 10:27 AM

Go Lehman go...If you guys want to take some profit on LEHMQ, go ahead. I'm going to hold this stock until the game ends. It might go back to $0.03-0.05 again. I'm going to just use the buying power and invest it in other stocks. If you guys want to wait until tomorrow or the day after, this will be at your own risk.

Finnster · 03:03 PM

I picked some up when it dropped a bit, but i don't think I'll sell it out. Would have liked it more at .1 than 0.13, but eh. If I lose ~100K its ok.
Having another good day, so I'm also trying to capitalize on the margins. With any luck I'll close over 1.6M today. This week should be big for a few of my stocks, so it may be go big or go home. :)

Edit: there are a few stocks I sold out early on and wish I could have back. I had ~250K DPTR @1.90 and sat on it for a while. Got impatient as it was going nowhere, and I had some better ideas at the time. Meant to go back to it but never did, but now it exploded last week and its now at $4. Think I did ok on the money I got from it, OTOH it may have been a lot more work to get to the same place.

lutach · 09.14.2009, 03:12 PM

Quote:

Originally Posted by Finnster

I picked some up when it dropped a bit, but i don't think I'll sell it out. Would have liked it more at .1 than 0.13, but eh. If I lose ~100K its ok.
Having another good day, so I'm also trying to capitalize on the margins. With any luck I'll close over 1.6M today. This week should be big for a few of my stocks, so it may be go big or go home. :)

Edit: there are a few stocks I sold out early on and wish I could have back. I had ~250K DPTR @1.90 and sat on it for a while. Got impatient as it was going nowhere, and I had some better ideas at the time. Meant to go back to it but never did, but now it exploded last week and its now at $4. Think I did ok on the money I got from it, OTOH it may have been a lot more work to get to the same place.

Tomorrow will mark the 1yr since Lehman went bankrupt. The OTC market is very risky, but it can also be very rewarding. I used some of my buying power and got some more BRK.A and a few billion share of a very cheap OTC stock.

You are doing awesome for a few short months. It took me a while to get back in green territory. Before the game ends A123's stock might pop up and I'll be picking some up along with a few other what socalled "Green" stocks.

Finnster · 09.16.2009, 11:53 AM

'Ol Cloddy has been on a tear lately. Better watch out or I might get passed. :)
I am hoping to break into 3rd, but I need to double my current portf. to get to 2nd. Possible but I doubt likely. If I'm not careful I could be on my way down...

Finnster · 09.16.2009, 11:54 AM

What is A123's stock? I didn't know they had an IPO.

lutach · 09.16.2009, 12:09 PM

Quote:

Originally Posted by Finnster

'Ol Cloddy has been on a tear lately. Better watch out or I might get passed. :)
I am hoping to break into 3rd, but I need to double my current portf. to get to 2nd. Possible but I doubt likely. If I'm not careful I could be on my way down...

Give me that 11%

. Some of my stocks are taking a big hit. The 2nd place guy lost his login info and the 3rd place guy might not by laying anymore. I know clodmaxx has buying power, but he hasn't traded anything in the last 40 days and jnev will probably be the one to lookout for.

The IPO for A123 will be out soon, probably in a few months. The ticker might be AONE and it might be in the $8+ range.

ClodMaxx · 12:31 PM

heh....i've been all over the place for the past few months. i log in occasionally to check, and am surprised i'm up as high as i am.... i was way down, lol.

i stopped keeping track of what was hot when i was losing lots - i'll have to do some digging and use some of that new buying power....

edit: a123 doesn't open for trading until next week, under 'aone'. if i still have buying power then, i'll use it for that (thanks for the idea finn, lol)
http://247wallst.com/2009/09/15/in-a...mr-ab-pg-aapl/

lutach · 09.16.2009, 12:30 PM

Quote:

Originally Posted by ClodMaxx

heh....i've been all over the place for the past few months. i log in occasionally to check, and am surprised i'm up as high as i am.... i was way down, lol.

i stopped keeping track of what was hot when i was losing lots - i'll have to do some digging and use some of that new buying power....

You should've seen where I was

. I was stuck in last place for a while about a year ago.

Finnster · 09.16.2009, 01:54 PM

You never know with these stocks. I've been bouncing all over the place, but have a good run going. Almost one month ago (8/17) I was in 15th place w/ barely over a Mil (maybe less than,) by the end of the week I was in 5th. Standing over 1.7M right now, if not 1.8M on a couple little nudges.

The stocks I have are pretty volitile (not as much as some as the OTCs) but everything has been on a tear since July (and really since Mar.) The people who sold out of their 401ks in the begining of the year are going to be hurting later, so much has come back to reasonable levels. Luckily I had alot in cash in my (real) accts and I was able to move a lot into equities at the right time. There are things I wish I would have done a bit different, but its really hard to have not make money this summer. I'm not making crazy returns like I'm sure more daring and more experienced people are right now, but I've more than made up for any loses suffered last fall while not getting too risky. Some people are going to walk away from this like bandits. You gotta be a bit wary w/ the run ups, but so much was oversold it can come back along way before even coming close to where it was in 2008.

My PNX has been taking off like a raped ape today, and so has some of the oils and others I've had. The trouble right now if figuring out what is the best ride on up. Way more opportunites than $$, OTOH I don't want to blunder into something too high on euphoria.

Finnster · 09.16.2009, 02:06 PM

EG.

I had been holding DPTR for quite a while since June/July ~$2. It was a $20 about a year ago. It was dead in the water so I sold it off for some better moving trains, then all of a sudden its rocketed to $4 in teh last week or so. Think I had 3-400K shares at the time. Damn. Wanted to get KOG @ ~.7 in July. It was dead for a while, now its nearly $3. Held some AEZ from .8 and sold it @ 1.2. Its now $2 and moving.

Its hard to sit on something that's moving nowhere watching other things take off. You're tempted to jump off and go chasing, but it seems that's when your old ride gets going. You know its a bad idea, but you want to do it anyway. Just seeing how good some of the returns have been on guys who haven't done any trading is impressive.

lutach · 09.16.2009, 02:11 PM

Yeas, it's a crazy ride. I just sold half of my Juniper and placed orders for the rest of the Brasilian companies trading in the OTC. Hopefully they all go through and I'll have some left for BRK.B as I would like to hold both Berkshires. The OTC market is very risky and unpredictable.

lutach · 09.16.2009, 02:14 PM

Quote:

Originally Posted by Finnster

Its hard to sit on something that's moving nowhere watching other things take off. You're tempted to jump off and go chasing, but it seems that's when your old ride gets going. You know its a bad idea, but you want to do it anyway. Just seeing how good some of the returns have been on guys who haven't done any trading is impressive.

I know what you mean. I had some nice amount of shares of LVS and DRYS. If I had held LVS, I would've probably been in the green and if I had held DRYS, I wouldn't loose so much if I decided to sell it.

lutach · 09.16.2009, 02:33 PM

Does anyone know what's the most expensive OTC stock?

Finnster · 09.16.2009, 02:40 PM

Q1: IDK... Wonder what the cheapest is. I've seen some prices that's just stupid. Silly to think you could go out and buy a billion shares of a company and only spend a few K. lol

What do you think of DRYS? Its looking good, buts its a crazy stock. Lots of upside if that thing ever got back to half of what it was. Gotta think the shippers have got to see some movement if the global economy starts picking up, but they are still pretty beaten down.

Lastly, overall I can't complain, its not like the things I've bought haven't done well either. Its easy (and nice) to complain about about a wealth of excess.

lutach · 09.16.2009, 03:30 PM

Quote:

Originally Posted by Finnster

Q1: IDK... Wonder what the cheapest is. I've seen some prices that's just stupid. Silly to think you could go out and buy a billion shares of a company and only spend a few K. lol

What do you think of DRYS? Its looking good, buts its a crazy stock. Lots of upside if that thing ever got back to half of what it was. Gotta think the shippers have got to see some movement if the global economy starts picking up, but they are still pretty beaten down.

Lastly, overall I can't complain, its not like the things I've bought haven't done well either. Its easy (and nice) to complain about about a wealth of excess.

Well, the cheapest I've seen and got are all $0.0001

. I just an e-mail from the pink sheets and they have no way of knowing which one is the highest listed there. I might have to spend a few hours going through a few to find out.

Man, DRYS kicked my butt and I got fed up with it and sold them at a huge loss. I really don't know what's up with them. I thought they had one of the biggest fleet of ships out there and they were in pretty good condition.