Official Let's Make Some Money Off Stocks Thread
11-30-2008, 01:25 PM
#1723
Originally Posted by thewhiteknight,Nov 30 2008, 10:21 AM
im pretty new to the game but i just wanted to see what you guys think about fnm... my first trade resulted in over a 400% return....
11-30-2008, 02:58 PM
#1724
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Originally Posted by thewhiteknight,Nov 30 2008, 09:21 AM
im pretty new to the game but i just wanted to see what you guys think about fnm... my first trade resulted in over a 400% return....
,.. Picked up 3200 on 11/20 @ .37 to flip. AH on Friday was 1.31 but waiting for a bit more.
11-30-2008, 04:02 PM
#1725
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The problem is most people who do that as their overall investment strategy is the roulette effect as I call it. No matter how much you win it doesn't really matter. Eventually you lose it all. This time you got 400%, next time 200%, the next time 300%, but losing 100% is the same no matter how much $$ you have. So take half of those gains and stick them elsewhere IMO.
11-30-2008, 06:13 PM
#1726
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Originally Posted by PearlwhiteS2k,Nov 30 2008, 04:53 PM
Sorry but guys in here don't buy stocks to gamble.
11-30-2008, 07:38 PM
#1727
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Originally Posted by AZDavid,Nov 30 2008, 09:34 AM
BF sales numbers will miracously be better than last year.
This report sets the stage:
http://money.cnn.com/2008/11/29/news/econo...dex.htm?cnn=yes
This report sets the stage:
http://money.cnn.com/2008/11/29/news/econo...dex.htm?cnn=yes
11-30-2008, 10:49 PM
#1728
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The guy who wrote the report said: "Under these circumstances, to start off the season in this fashion is truly amazing and is a testament to the resiliency of the American consumer, and undeniably proves a willingness to spend,"
I think you can call his numbers suspect.
I think you can call his numbers suspect.
