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Official Let's Make Some Money Off Stocks Thread

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Old 01-24-2011, 09:37 AM
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If silver hits $15/oz, I'm happy. That's all I know.
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Old 01-24-2011, 12:31 PM
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Originally Posted by cthree,Jan 24 2011, 10:37 AM
If silver hits $15/oz, I'm happy. That's all I know.
Let's be positive about this: when silver hits $15/oz. . . .

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Old 01-25-2011, 05:35 AM
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^ love the optimism
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Old 01-28-2011, 11:52 AM
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So yesterday, I closed my SLV position for about break even. North Africa got in my way.
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Old 01-30-2011, 08:49 PM
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Originally Posted by magician,Jan 24 2011, 01:31 PM
Let's be positive about this: when silver hits $15/oz. . . .

You'll really need some powerful majik. My take, you'll see 15......only if you're dyslexic!!
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Old 01-30-2011, 10:11 PM
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[QUOTE=flyingelbowz,Jan 30 2011, 09:49 PM]You'll really need some powerful majik.
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Old 01-31-2011, 12:30 AM
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Originally Posted by FatfreeS2k,Jan 12 2011, 11:15 AM
So I have had a position in C citigroup for a while now, but is anyone else looking at it now that its above $5 again for the 3rd time in a week? Because its above $5 fund managers now can purchase the stock, I'm staying long on this pick but I'm curious what others think.
I've had it since the mid $3. Going for the long haul.
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Old 01-31-2011, 12:32 AM
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Originally Posted by cthree,Jan 24 2011, 10:39 AM
Damnit !!!

I tried to stay away. Just couldn't do it

Small short silver position today, 5 x Jan12 $26 PUTs on SLV

That's right, silver is trading for $27 an oz. wtf lolz

Yeah, I'm short that bitch. Come on baby! $5 here we come!!!
Not on your life. Forget single digits. I will paypal you a case of brew if it hits $22. I think it MIGHT dip to $25 for a hot minute, and never again...at least for the next 5 years IMHO. I'm stocking up on physical.

As for silver stocks, try PSLV. For the record, I don't invest in gold/silver in any other way but physical.
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Old 01-31-2011, 05:13 AM
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Doubloons are too hard to trade. I'll stick to speculation.
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Old 02-01-2011, 08:14 AM
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Originally Posted by magician,Jan 24 2011, 04:31 PM
Let's be positive about this: when silver hits $15/oz. . . .

Hehe.. Ya, I'm hoping for $15/oz silver as well, but it sure as hell looks like that's a pipe dream these days. That would mean deflation is taking hold, but our government and "The Bernank" sure as hell are doing everything in their power to avoid that. The dollar looks like it's going to retest the lows again.. thanks go to "The Bernank." What amazes me is that the Euro is approaching $1.40 again.. *whew* This sure is bizarro world these days.

SPX back over 1300? Man.. I wasn't old enough to be paying attention to the market in 1999, but I'm for some reason getting a feeling of deja vu..

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