Spike's Scientific Stock Analysis

[skiracer]

NB,

Wouldn't things be great if it was just as simple as you stated an if things never went the opposite way that you want or expect them to. We would all be millionaires many times over. There wouldn't be any poor people and we would all be driving super big SUV's. Count me in on that please.

[New-born baby]

Get Out Now :d

Do you know if I can do this on scottrade?
If not, what do you use?

Geri,
Here's excellent advice:
Get out of Scottrade as fast as you can. They want you to call there office to execute an option. RIDICULOUS! And the fees! Used to be $7 plus $1.25 per contract. I think they went up on the $7 business, but I don't really know since I left them last year. In summary: RIDICULOUS!

Sign up with IB.
Why?
Because you can sell an option for 75 cents. You buy/sell stocks for .01 per share for the first 500, .005 per share for all the next ones. Inexpensive
You are in this business to make money, not buy your broker a new Cadillac And the safety you will add to your account will be wonderful.

Here's how I played CERS:
I wasn't totally convinced that this was the very bottom, but I have been wrong many times before. So I checked the option chain. I discovered I could buy the stock at $10.77, sell the MAR $10 calls for $1.15x100 shares=$115-$.75 commision=$114.25, and still have a 3.3% profit if CERS is above $10 on MAR 17. IF not, I have the stock and $114.25 pocket change, and can sell next month's option for another $115 or so. So you see, you can earn 3.3% per two weeks with relative safety.

Conclusion: get out of Scottrade If you could earn 3.3% every two weeks, how big would your account be in 52 weeks? Let's say you had $50,000 account. 3.3% of $50k=$1650 per two weeks. But remember, this compounds because the second two week period now has $51650 to start with. And 3.3% of that is $1,740.45. And so forth . . . in one year's time you'd have $116,299.51, minus commisions, of course

[gerihearne]

sell the MAR $10

Are you a holder? Sell the MAR $10 calls for about $1.10 and get free protection. Hey, if you do, you'd be in great shape if CERS fell to $9.99 by MAR 17th. Really And if it breaks out, you'd be in great shape too.

Do you know if I can do this on scottrade?
If not, what do you use?
________
medical marijuana card

[New-born baby]

Cers/geri

Spike, what's your feeling on cers today?

Cordially,
Geri

Are you a holder? Sell the MAR $10 calls for about $1.10 and get free protection. Hey, if you do, you'd be in great shape if CERS fell to $9.99 by MAR 17th. Really And if it breaks out, you'd be in great shape too.

[Karel]

Hi spike, just a little experiment with your CERS charts:



(I left out the third image)

I just used the same deep links to ImageShack as you use on your site, wrapped in a [ url= ] pair to the article on your site for the commentary. Even the invisible third image links to that article! Perhaps this is something to play with.

Regards,

Karel

[spikefader]

Spike, what's your feeling on cers today?

Cordially,
Geri

Current chart thoughts; hope they help.

http://spikefader.wordpress.com/2006/03/04/cers-some-more-chart-thoughts/

I still see the potential for it. Gap support is crucial, and I'm a bull while it holds, and neutral if/when price is under it.

Good luck.

[spikefader]

Spike,
Good luck with the new site. I'll be watching closely. Since your BEL call (now +47.7%) I'm paying more attention than ever. Wishing you great success it couldn't happen to a better guy.

billyjoe

Thanks billyjoe!

I sure am glad you're alive! Was gettin' worried about ya.

[spikefader]

From Creme of the Crop: "I must give credit and thanks to Ernie for not only sharing his stock-picking model, but creating the MM forum, which is an environment filled with very nice people which is conducive to creative thinking. It was an atmosphere of encouragement and sharing that inspired me to start Creme of the Crop in the first place; so thanks Dude! I’ll be sure to link future Cremes for everyone over there." ... Spikefader

Spike, you are truly huge! I love creme of the crop! Not ready to jump in, but totally awesome, dude.
I'm watching and learning ...

Thanks gerihearne....appreciate the comments!

You love the Creme series?! Great!! Then you're gonna love the new Category I've writing up on my blog. Just about to post it so check over there in a while. RL, I think you'll like it too hehe Shoo, Creme sells itself, how could anyone not like it!

[spikefader]

mystiky and scifos; sorry dudes! been busy, but I haven't fergotten ya; I'll reply on those today.

[gerihearne]

cers

CERS attractive r/r long setup here.

Spike, what's your feeling on cers today?

Cordially,
Geri
________
extreme vaporizer review

[billyjoe]

Spike,
Good luck with the new site. I'll be watching closely. Since your BEL call (now +47.7%) I'm paying more attention than ever. Wishing you great success it couldn't happen to a better guy.

billyjoe

[gerihearne]

creme of the crop

From Creme of the Crop: "I must give credit and thanks to Ernie for not only sharing his stock-picking model, but creating the MM forum, which is an environment filled with very nice people which is conducive to creative thinking. It was an atmosphere of encouragement and sharing that inspired me to start Creme of the Crop in the first place; so thanks Dude! I?ll be sure to link future Cremes for everyone over there." ... Spikefader

Spike, you are truly huge! I love creme of the crop! Not ready to jump in, but totally awesome, dude.
I'm watching and learning ...
________
hemp marijuana

[spikefader]

Thnx New Born, God Bless ya!

mimo, I'm lookin' forward to it dude!

RL, Good luck with that dart board this weekend!

gerihearne, heh, no, but who knows huh? jeje Ernie is a generous soul though....sharin' his picks and model, and dump and this forum, and postin' nice stuff in the face of ugliness. Enjoy the beers tonight Ernie.

scifos; let me get back to ya later. Kinda distracted by the speakers right now hehe

[spikefader]

Spike
.....this would be one of the top reads there. Looking forward to it dude.
Alice

heh Hey Alice. Thnx fer the vote of confidence.

Just time to sit back and relax tonight. Little Steve Miller Band and Jack Daniels and Ernie is right, life is good Seems everyone is headed for some fun tonight

Have a great weekend all. And remember, drink in moderation and be safe!

[scifos]

Spike, any thoughts on CRY?