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STOCK MARKET: Let's talk stocks and investing

Discussion in 'BBS Hangout' started by SWTsig, Jun 2, 2008.

  1. Fatty FatBastard

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  2. Dr of Dunk

    Dr of Dunk Clutch Crew

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    I've been in the XLF since the beginning of April and am up around 18-20%. But I'm starting to get nervous. I think I'll let this run through tomorrow and see what happens. I've got a stop in, just in case.
     
  3. WillG

    WillG Member

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    Is that a yes? lol
     
  4. OldManBernie

    OldManBernie Old Fogey

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    Woohoo! I just cashed in my BAC. I can definitely live with 50% gain in a little over 2 weeks.
     
  5. thelasik

    thelasik Contributing Member

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    HOOOOOOOOOLY crap.

    I bought CTIC a while back at 42 cents a share. Now its at $1.50 (up 130 percent today alone)! My portfolio is back in the green from the summer (when I started investing) due to this one stock.

    I can't believe I actually caught one of the biopharm companies BEFORE the ride up. This is crazy.
     
  6. AGBee

    AGBee Member

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    I love this market, you can buy anything and make money. It's like the Staples easy button :)
     
  7. AGBee

    AGBee Member

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    Oh my goodness, financials exploding again!
     
  8. bigtexxx

    bigtexxx Member

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    The S&P is now in the red? Are we seeing the blow-off top? Methinks so

    I'm about to put a downside hedge in place
     
  9. Dr of Dunk

    Dr of Dunk Clutch Crew

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    Lot of the financials popping afterhours after the "stress test" results were released (as opposed to leaked). BAC is at $14.80! STT up over $3. :eek:
     
  10. Air Langhi

    Air Langhi Contributing Member

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    I don't get why? Someone with some great financial expertise explain how the report was good?
     
  11. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
    Supporting Member

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    BAC selling 1.25 billion shares and it skyrockets. i don't get this market anymore.
     
  12. AGBee

    AGBee Member

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    Who cares why? BUY BUY BUY! ;)
     
  13. Qball

    Qball Member

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    I guess the market is gellin'.
     
  14. AGBee

    AGBee Member

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    S&P 1000 next week? :p
     
  15. Dr of Dunk

    Dr of Dunk Clutch Crew

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    lol. No joke. GS is approaching $140. Unreal.
     
  16. AGBee

    AGBee Member

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    What's in your wallet? COF going nuts.
     
  17. AGBee

    AGBee Member

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    Seriously though, can somebody explain why dilution is causing so many symbols to soar? This exuberance has me baffled.
     
  18. Major

    Major Member

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    It's not that dilution is causing those stocks to soar - it's the removal of uncertainty. The fear of failure is slowly but surely being removed, and with that, these things get repriced.
     
  19. Dr of Dunk

    Dr of Dunk Clutch Crew

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    I think part of this is that shorts are getting blown out. Someone was on CNBC saying there were hedge funds getting taken out that were in short positions. The other thing they're thinking is that everybody now knows which financials are good and which ones are bad and are making a decision that even based upon dilution, some of them are still way oversold or undervalued, but none of them are probably going to go under thanks to the government. I'm trying to find some good information on this because I still say most of this movement is nuts. There are some regional/smaller bank stocks that were going ape the past couple of days.
     
  20. Qball

    Qball Member

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    I thought so too and went short but got burned on Friday. I wanna double down but don't think there will be a decent pullback anymore.
     

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