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Official Let's Make Some Money Off Stocks Thread

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Old 04-15-2010, 07:00 AM
  #2421  
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Originally Posted by s2cool,Apr 15 2010, 09:26 AM
Hey Andrew, yeah me either but my major holding (high risk) of course was URE... I don't know what the deal is today but gdamn 400% in a day? somehings up. I always thought the target was around 80 but this soon? Who knows!
Old 04-15-2010, 07:00 AM
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^^^ URE is not up that much. It just underwent a 5 into 1 reverse split overnight. So you have 1/5th the shares, but each is worth 5x as much as yesterday.

Andrew
Old 04-15-2010, 07:08 AM
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UYG - same thing but a 10:1 reverse split. So if you look at some finance sites today, you will see UYG +904%!!!! W00t! ...But then you realize the site is just miscalculating because of the split, and it's "only" up 4%.

eg:
http://finance.yahoo.com/q?s=uyg&d=t

Andrew
Old 04-15-2010, 07:42 AM
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Yeah I realized when I saw the 1:5 on the i stock manager haha!
Old 04-16-2010, 03:53 PM
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The smell of fear was so strong today I had to hold my nose and go in buying, I hope I made the right choice.
Old 04-20-2010, 01:42 PM
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dear steve jobs,

thanks for making me richer and helping me inch that much closer to retirement. keep up the good work.

yours truly,
twreck
Old 04-20-2010, 01:59 PM
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I like tech stocks. And I like to invest in companies that I know and understand.

I hate Apple. I do not like or use their products. I don't understand why people buy seemingly overpriced Apple products, and I do not understand why people love them. I always avoided their stock because of that, even as I watched Apple go from $10/sh to over $100 as people bought overpriced MP3 players from them.

But when the market crashed, I bought a sizable chunk of Apple in late 2008 at under $80/sh. I'm very glad that I did, and I still am holding all of my original Apple purchase. But I still don't understand why the iPhone sells so well, especially in light of the seemingly-superior-in-every-way Google/Droid phones out now...

Andrew
Old 04-20-2010, 02:15 PM
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Who shorted airline stocks last Thursday?

Anyone?
Old 04-20-2010, 07:53 PM
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Originally Posted by trainwreck,Apr 20 2010, 01:42 PM
dear steve jobs,

thanks for making me richer and helping me inch that much closer to retirement. keep up the good work.

yours truly,
twreck
dear Vikram Pandit,

thanks for making me richer and helping me inch that much closer to retirement. keep up the good work.

yours truly,
cyberous
Old 04-25-2010, 03:15 PM
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Originally Posted by Cyberous,Apr 20 2010, 07:53 PM
dear Vikram Pandit,

thanks for making me richer and helping me inch that much closer to retirement. keep up the good work.

yours truly,
cyberous
dear Alan Mullally,

thanks for making me richer and helping me inch that much closer to retirement. keep up the good work.

yours truly,
Sausa8e


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