Is tradeking any good? I'm looking for a good brokerage site for a novice trader. Any recommendations?
Thank you. I threw a good chunk of WTH money and alls I can say is thank you and wish I had thrown more at it. I am not married to this but I think this thing still has more legs. Do you have any more tips?
I've been following it ever since he posted that. After seeing it today I hate myself for not having bought it last week.
Nokia is doing well, I am 4-5 up on NOK... Look for these, follow them closely MNKD, UNIS, SIRI, SVU, CPE, KCG In long these picks could make you some good money... Nokia is going to probably make some great moves next week after Apple won against Samsung..Their move to make their phones on WP8 seems like a good move now.
I hope you're being sarcastic. Apple's stock price just jumped on the Samsung patent infringement lawsuit and you have Google suing on seven patents using Motorola's old patents just around the corner. Those patents are so generic yet a lot more essential than slide to unlock / rectangular corner crap that Apple pulled. If just one of these is upheld with the release of their new iPhone and iOS around the corner... Apple will be crying buckets. In a way they shot themselves in the foot by setting a precedent that these lame patent laws be upheld.
Show me when, since 2009, it was a bad time to buy Apple. The smartphone, tablet and razor-thin laptop are still growing markets for Apple to sell its products with tons of income growth possiblity. Earlier this year they had the world's largest cash reserve of any publicly traded company and decided to start paying out dividends of $2.65 per share. Also, they are now the largest company by nominal market value ever. And no one other company can compete with Apple's revenue across the consumer electronics market of smartphones, tablets, PCs, laptops and MP3. And they have yet to begin manufacturing TVs. Even if the suit were dismissed and the lose on appeals to Google I will still be buying Apple for the next few years. $1 trillion company, baby!
Ok, show me where is the continued growth. For the past few years, most of Apple's growth has been great but those markets have become saturated and started to lose ground to Android market share. Apple's recent cash cow China has been the largest reason for concern, where growth has really dropped off (without saying much, I have good information here). Microsoft, Amazon, and Google are all redesigning or releasing new appstore fronts and the mobile device market is soon going to be the most competitive its ever been. The current market evaluation is the highest its been after a jump on the patent win over Samsung with several patent lawsuits by Google incoming. Since 2009... right now is the bad time to buy Apple. At least get it on a dip if you want to value invest.
Apple is on pace for another year of record earnings. Their 3Q earnings statement fell short of expectations but was greater than earnings they reported in any quarter last year. The mobile consumer electronic market is anything but saturated. Apple has been selling its iPhone for 5 years and tablets for 3 years. Those markets cannot possibly be saturated in light of record sales. They may lose market share but sales are increasing for Apple - even with the anticipation of the 5th generation iPhone. There is no way a 5-year old consumer electronics market is saturated. As for competition, I don't see near the reaction to Microsoft's Windows 8 after its release as I saw before - sounds like it fizzled out. Both Microsoft and Google have been trying to compete with Facebook, with no success, while Apple sells record number of phones and tablets. Not sure how Amazon's appstore is going to hurt Apple. HP is reporting record losses while Apple is reporting record gains, Dell's P/E can't rise above 8, and Google does not have the product list that Apple has (tablets, PCs, laptops, etc). Apple has the best integration across its devices and the release of a TV (not Apple TV but a real TV) would be the trifecta - so to speak. From there, they could begin selling sound systems, car stereo systems and anything else Apple fan boys will proudly tell everyone that "it's more user-friendly".
How do you pick these out? Don't share your whole secret but man I wish I had some extra cash right now.
I will do some research on those. I bought some more NOK Friday on a dip which took the rest of my free cash. I do plan on selling some C soon though. NOK had another nice pop today. I wish I had bought some VLO Friday too. A refinery in Venezuela blew up and with the hurricane heading for the refinery capital, VLO took a nice pop today. I've been watching that one climb since 22. I kep watching for a dip but they just didn't seem to dip low enough for me to buy.
***disclaimer----- i have no idea what im doing*** i signed up online for tradeking a few weeks back. and i have a question im looking at someone's buy and sell history. anyways they have been buying and selling citigroup. im confused though it says he was buying at under $4 and selling etc. but looking at the history of citigroup and its never dropped below $20 or so. sooo how does that work. does it have to do with options im assuming?
Citigroup was basically a penny stock during the financial crisis. they did a 1 to 10 reverse split. so the current $29.81 price is the equivalent of $2.98 a year ago. go to google finance and look at its chart. click on the 5y and you'll see on May 6, 2011 a green arrow with 1:10
