Announcement

Collapse
No announcement yet.

TG Fantasy Stock Market League

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • Re: TG Fantasy Stock Market League

    Pretty impressive that GS is still doing so well.
    A policy of freedom for the individual is the only truly progressive policy. -F.A. Hayek

    "$250,000 a year won't get me to Central Park West."

    Comment


    • Re: TG Fantasy Stock Market League

      They practically invented the CDO, which may explain why they got out of the pool in time not to get hurt by them.

      Terrific company.

      Comment


      • Re: TG Fantasy Stock Market League

        I have a lot of respect for them. It just seems like they've been making all the right moves at the right time for so long that they should be "due" for a slip up somewhere.

        It's not a gambler's fallacy if it ain't gamblin!
        A policy of freedom for the individual is the only truly progressive policy. -F.A. Hayek

        "$250,000 a year won't get me to Central Park West."

        Comment


        • Re: TG Fantasy Stock Market League

          [media]http://www.youtube.com/watch?v=SJ_qK4g6ntM[/media]
          A policy of freedom for the individual is the only truly progressive policy. -F.A. Hayek

          "$250,000 a year won't get me to Central Park West."

          Comment


          • Re: TG Fantasy Stock Market League

            Bought to Cover 100 CENX @ $74.29.

            Boy did I make a boo-boo here. I had figure CENX was going to continue it's downward trend, and did a short sell @ $66. Apparently it decided to rally, and cost me $1k instead of making me $1k. Lesson learned? Maybe.
            [squadl]
            "I am the prettiest african-american, vietnamese..cong..person." -SugarNCamo

            Comment


            • Re: TG Fantasy Stock Market League

              Originally posted by SmokingTarpan View Post
              Bought to Cover 100 CENX @ $74.29.

              Boy did I make a boo-boo here. I had figure CENX was going to continue it's downward trend, and did a short sell @ $66. Apparently it decided to rally, and cost me $1k instead of making me $1k. Lesson learned? Maybe.
              What is the lesson?

              Comment


              • Re: TG Fantasy Stock Market League

                Originally posted by Hambergler View Post
                What is the lesson?
                Don't do this with real money?
                [squadl]
                "I am the prettiest african-american, vietnamese..cong..person." -SugarNCamo

                Comment


                • Re: TG Fantasy Stock Market League

                  Shorting is inherently more risky because in order to short a stock, you have to do it on margin. When you short a stock, your broker "borrows" those shares from another client who owns that stock, and debits your margin account by the sell price. So the entire time you're camping out on your short position, they're charging you interest. So your position's profit margin is constantly eroding.

                  Comment


                  • Re: TG Fantasy Stock Market League

                    Sold 100 WSM @ 25.54
                    [squadl]
                    "I am the prettiest african-american, vietnamese..cong..person." -SugarNCamo

                    Comment


                    • Re: TG Fantasy Stock Market League

                      All I gotta say is that Apple has been seriously rocking since we started this thing. I've seen an overall gain of 26.81% with them. Everything else has been iffy. Wish I had bought more of their stocks in the beginning. Oh well. Glad this isn't real money.
                      "Common sense is not so common." -Voltaire

                      Comment


                      • Re: TG Fantasy Stock Market League

                        Sold all OFC for a total loss of $62.00 no big deal this stock just didn't pan out so I dropped it at the smallest deficit I could.
                        sigpic

                        Comment


                        • Re: TG Fantasy Stock Market League

                          It's almost mid-May, which means that I am entering the time in which I must decide whether to pull the plug on my $100k short or not. My short is worth about $83k at the moment.

                          Just an update.
                          A policy of freedom for the individual is the only truly progressive policy. -F.A. Hayek

                          "$250,000 a year won't get me to Central Park West."

                          Comment


                          • Re: TG Fantasy Stock Market League

                            Bought 500 shares of colfax corporation @ $21.85. This is a lubrication supply company. If you look at all these types of companies you will see they have had a solid upswing and I think this will be a trend that continues.
                            sigpic

                            Comment


                            • Re: TG Fantasy Stock Market League

                              I love lube!

                              Comment


                              • Re: TG Fantasy Stock Market League

                                Originally posted by leejo View Post
                                I love lube!
                                T.M.I Leejo T.M.I!!!!! LOL!!
                                sigpic

                                Comment

                                Connect

                                Collapse

                                TeamSpeak 3 Server

                                Collapse

                                Twitter Feed

                                Collapse

                                Working...
                                X