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STOCK MARKET: Let's talk stocks and investing

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

  1. drumbum

    drumbum Member

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    But logically speaking, the price is going to be considerably higher than what it closed at due to it's after hours performance right?
     
  2. s land balla

    s land balla Member

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    Correct.
     
  3. s land balla

    s land balla Member

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    I think it'll open tomorrow somewhere in the upper 90's.
     
  4. drumbum

    drumbum Member

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    sLaNd B a L L a - Since you seem like someone who doesn't mind helping, I was wondering HOW dividends work. Is it like they give you that many cents per a share that you own??

    Also, this Cramer guy on "Mad Money", is saying to buy a stock called NUE, what are your thoughts on that?
     
  5. JeopardE

    JeopardE Member

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    Taking stock tips from Cramer is like banging your head against a concrete wall and then wondering why you have a headache.
     
  6. drumbum

    drumbum Member

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    Yeah, that's what I was thinking...

    Where can I find 10K reports, and such to do research on the company?
     
  7. JeopardE

    JeopardE Member

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    Go to the SEC's web site.

    Often you can find a prettier version of the 10K by going to the company's web site and clicking on Investor Relations.

    If what you're looking for is financials (balance sheet/cash flow/income statement), you don't need to search the 10-K -- just go to MarketWatch.com or any other major financial site and look that up.

    I also highly, highly recommend learning how to read charts.
     
  8. drumbum

    drumbum Member

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    Dumb question - What kind of charts??
     
  9. benchmoochie

    benchmoochie Member

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    apple opened ah at 88. good buy then. now at 103.50. seems that apple has yet to break 85.
     
  10. benchmoochie

    benchmoochie Member

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    He's talking about how to do technical analysis on charts. I recommend this book:

    Getting Started in Technical Analysis. By Schwager.
     
  11. Dr of Dunk

    Dr of Dunk Clutch Crew

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    ?

    Unless his account specifically doesn't allow him to trade after hours, he should be able to trade it. It's trading at $104.55 right now.
     
  12. s land balla

    s land balla Member

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    Rookie question -- So why am I not allowed to sell my shares after hours? Does it have something to do with my individual account?
     
  13. Dr of Dunk

    Dr of Dunk Clutch Crew

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    Who is your broker? Are you using limit orders? Call your broker and ask! :)
     
  14. s land balla

    s land balla Member

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    Zecco. I can't really complain with free trades, though.
     
  15. thelasik

    thelasik Contributing Member

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    I don't think Zecco allows AH trading.
     
  16. SamFisher

    SamFisher Member

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    Oh man....you can get 'em on SEC's EDGAR but when looking up the free versions I would always use 10kwizard.com

    The SEC is in the process though of revamping EDGAR and replacing it with IDEA, which is a next-gen system whereas EDGAR is mostly text-based ASCII archaic crapola. In fact, this is what they were doing all summer and fall while financial markets collapsed - I kid you not.

    Anyway the cool thing about IDEA is that it requires companies to report in XBRL - which stands for eXtensible Business Reporting Language. This basically allows them to report financial results in taggable data so that it can be extracted and sorted by investors in a way far easier than the current system. The result is a lot more dynamic and looks like this:

    http://209.234.225.154/viewer/home/

    ....but eventually should look even cooler (that's just the SEC's beta version).

    The largest public filers (500 or so biggest cos.) will start doing this by the end of 2009 though lots of big cos. already use XBRL (the ones on the financial explorer website).

    Yes I sound like I'm doing a commercial for SEC...sorry...
     
  17. drumbum

    drumbum Member

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    Quick question, is there a guide to read these things??

    Sort of like a what to look for type thing?
     
  18. SamFisher

    SamFisher Member

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  19. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
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    you can use fool.com or just pick up one of the motley fool books. they are easy to read and will run down just about everything.
     
  20. drumbum

    drumbum Member

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    Thanks for the help...

    Just curious, how long have you guys been investing?
     

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