I have 22 consecutive profitable trades of 15% or better. How is this possible? Every day there are hundreds of stocks setting new highs, no matter what happens in the overall market. Many of these stocks are still at very reasonable valuations. Afraid of buying stocks at their highs? Think of it this way: a new high is really a future floor for companies with solid financial underpinnings. Quantitative momentum modeling makes it easy to identify stocks that can continue this upward momentum trend. Why does this happen? It's really very simple..ask me about what investors and cows have in common. I am $$$ MR. MARKET $$$. I AM HUGE!!! Bring me your finest meats and cheeses. You can join in on the fun. Register for free and you'll be able to post messages on this forum and also receive emails when $$$ MR. MARKET $$$ makes his own trades. ($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
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Websman, a thousand pardons your venerable Vulcan-ness. You are quite correct. Your score has been corrected, placing you in a tie for sixth place with the Mighty Mimo. Also, should you decide to use it, you have one trade left for the week.
Peanuts, Peanuts, Peanuts, you know you cannot have two positions at the same time in this contest. When you said ...
Originally posted by Peanuts
Please sell UNIB (whenever that next trade is )
SHORTGROW
... it sounded to me as though you understood that your GROW short would not open until your UNIB trade closed.
Please look at this graphic:
Also, please refer to this post for further clarification.
Sticky "Van McCoy" Treat, Lyehopper is correct. You may not take your position for next week until the close of trading this week.
Rob, I think the price of the first sale sounds very fair. river
I think so too, and that's how we will handle it this time; however, I'm going to take note of how the opening price is recorded (issue price vs. first sale) before settling on how the rule is to be stated.
I think so too, and that's how we will handle it this time; however, I'm going to take note of how the opening price is recorded (issue price vs. first sale) before settling on how the rule is to be stated.
Upon thinking about this a little more, I remember watching an IPO closely one time. As I recall, the ticker debuted with one sale at the issue price. After that, there was no trading for quite a while. I had the feeling the MMs were getting their ducks in a row before the onslaught. So, if that's what happens on Friday, forget the issue price. I'll take the first tick when the fun begins, if that's agreeable to you and everyone else here. river
Oh, yeah. I'm regretting it now. I shoulda stuck with PCP. Would now be up about 7.5%. Oh well, maybe WIRE will spark tomorrow. Why do I always manage to sabotage myself like that? (rhetorical question)
Oh, yeah. I'm regretting it now. I shoulda stuck with PCP. Would now be up about 7.5%. Oh well, maybe WIRE will spark tomorrow. Why do I always manage to sabotage myself like that? (rhetorical question)
Look at the bright side, Rob. This is a game and not your real portfolio.
As an aside, I know I can't be a winner all the time, but might I say that it really bites to have had such a nice win last week and to be hanging around in the middle of the pack this week. My bright side is that I sold VIAC, which is not doing well this week, and my HANS pick is doing better (the last time I checked anyway).
Well, New-born Baby bailed on AOB and is sitting pretty with a HUUUGE 17.62%!!! Beautiful play, New!!! Shhhhh .... <whispering> nobody tell him he'd have a little more than 22% if he'd have held it. <ok, stop whispering now>
Mr. Speed Racer gave back a little of his HUGE gains today, but maybe he's just applying the clutch to shift into high gear tomorrow!! Sometimes MED means "medium," but there ain't nothin' medium about an 11.49% gain in four days!!
As Alice looks through the looking glass, things that used to be small now seem so big, and what was huge, like his lead over the One Who Hops in Caustic Soda, now appears quite small and still shrinking.
Boy would I love to pull it out tomorrow and snatch what seems like a sure victory for NB and turn it into a second place finish. But I think that's going to turn out to be wishful thinking. I'm betting anything that NB sits in cash without making another pick for tomorrow. That would be the easy and safe way out. Maybe AOB goes up again tomorrow without NB and MED goes up enough to pull it off and if NB would have stayed in he would have held first place. Maybe if I .... nah I don't think so.
Boy would I love to pull it out tomorrow and snatch what seems like a sure victory for NB and turn it into a second place finish. But I think that's going to turn out to be wishful thinking. I'm betting anything that NB sits in cash without making another pick for tomorrow. That would be the easy and safe way out. Maybe AOB goes up again tomorrow without NB and MED goes up enough to pull it off and if NB would have stayed in he would have held first place. Maybe if I .... nah I don't think so.
I've already burned my first pick on CAMH, and it was disallowed. (A blessing in disguise). So I am what I am.
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