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 US stock discussion v2

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zamans98
post Dec 11 2009, 02:26 PM

oquıɐɹ ǝɥ ɹǝo 'ǝɹǝɥǝɯos
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QUOTE(miuk @ Dec 11 2009, 12:19 AM)
Haha, typo. 9.86.

Phew, actually thought i made a mistake keying in the order, had to go and double check it.

---------------------------------------

Guys,

Any idea whats the story with CIT Group?

CIT is now back trading on the NYSE after emerging from brankruptcy @ 26 dollars

As far as i can recall

CIT - 80 cents then declared brankrupt
became CITGQ trading for like 20 cents
then now become CIT again for 26 dollars??
*
CIT? wow +13%.

Base price : 25.50$. It is a reverse split.
zamans98
post Dec 12 2009, 01:12 AM

oquıɐɹ ǝɥ ɹǝo 'ǝɹǝɥǝɯos
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QUOTE(danmooncake @ Dec 12 2009, 12:29 AM)
Sold all my ERX 37.80..  Oil price has weaken (below $70).

Waiting for down cycle and rebuy at lower price.
The bulls are getting tired.  nod.gif
*
yeah, the BULL is tired for now... move it biatch..
zamans98
post Dec 12 2009, 03:11 PM

oquıɐɹ ǝɥ ɹǝo 'ǝɹǝɥǝɯos
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QUOTE(pete999 @ Dec 12 2009, 07:32 AM)
feel like selling all shares in klse and dump into berkshire hathaway b share when it split.
*
yup, u read my mind. I will park my fund with Berkshire.
zamans98
post Dec 15 2009, 12:37 AM

oquıɐɹ ǝɥ ɹǝo 'ǝɹǝɥǝɯos
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TARP payment is actually a TRAP.

Same case happen with BAC. up then down by 2$. Now crappy C also down from 4.05 few days back to now 3.78$.

Oh crap, time to hedge against C. I hold 3,000 C @ avg 4.70. Damn!
zamans98
post Dec 15 2009, 08:22 AM

oquıɐɹ ǝɥ ɹǝo 'ǝɹǝɥǝɯos
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Future is reddish for now. C is now out of the channel. Its downwards. Dunno if I should get more or just let it be.


zamans98
post Dec 15 2009, 08:59 AM

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QUOTE(ozak @ Dec 15 2009, 08:53 AM)
I have same thinking as you. Should I get more? Seems like good price. hmm.gif
*
not sure. But one day it will back to 30$, the question is when. Perhaps pickup some at 3.50's?

zamans98
post Dec 15 2009, 09:12 AM

oquıɐɹ ǝɥ ɹǝo 'ǝɹǝɥǝɯos
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QUOTE(danmooncake @ Dec 15 2009, 09:03 AM)
Seems like WFC is following C foot steps. Repaying TARP, getting the govt out of the way as quickly as possible. 
Oh boy, they can't wait, can they?
*
everyone is chasing to clear. But C is winning the war ahead by clearing all debts. The plan is much clearer than WFC, BAC, JPM, GS

Refer here :

http://bailout.propublica.org/main/list/refunds


Added on December 15, 2009, 4:11 pmLVS and MGM are doing well. I'm holding small volume of both.

Another GOOD ETF for those who are interested in GOLD.

Market Vectors Junior Gold Miners ETF (GDXJ)
Price range 25-29. Not volatile, good liquidity.

or

Barrick Gold Corporation > ABX : NYSE

Surprisingly, RBS is doing well. Time to short smile.gif

MEGANEWS ALERT:

Uncle Ben & Co is not looking forward for interest rate revision. Hence, the strategy BUY on DIPS (ensure u got extra cash to hold in-case market u turn) and sell on rally. [doesn't work in Kurap Land Stock Exchange KLSE]


This post has been edited by zamans98: Dec 15 2009, 04:11 PM
zamans98
post Dec 15 2009, 10:42 PM

oquıɐɹ ǝɥ ɹǝo 'ǝɹǝɥǝɯos
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SOLD Long position of LVS @ 16.45, highest peak pre-market. Some1 bought a few thousand Units and Short the position. I missed it.

Waiting for C to drop to 3.60 to pump in a little.
zamans98
post Dec 15 2009, 11:06 PM

oquıɐɹ ǝɥ ɹǝo 'ǝɹǝɥǝɯos
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epalbee is using TIME machine.. No wonder.

C is down again, everyday dropped 4-7cts.

LVS is hard to catch at 15.80. Wanna reload some more before it bounced back to 16.

MGM on the other hand is eroding. Never mind, my buy price is 9.95. In fact, it rebounded from 9.60 few days back.
zamans98
post Dec 15 2009, 11:38 PM

oquıɐɹ ǝɥ ɹǝo 'ǝɹǝɥǝɯos
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» Click to show Spoiler - click again to hide... «


Sul, I'm really amaze. How come u know a lot of counters and keep track of 'em?

My list are simple : C, UYG, URE, LVS, MGM. TNA and ERX as gauge.


This post has been edited by zamans98: Dec 15 2009, 11:40 PM
zamans98
post Dec 16 2009, 08:14 AM

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QUOTE(epalbee3 @ Dec 16 2009, 07:18 AM)
zaman, it's time for you to buy C now.


Added on December 16, 2009, 7:20 am

last night saw dow at ++30 points.

may be they never updated yet?

my target price for MGM changed to 11.10.


Added on December 16, 2009, 7:32 am

If I have TIME machine.. then rich already.. wink.gif

As you see, the TARP is going to sell all the C shares at 3.70, that's y the price can be lowered down.

My buy price for MGM is 10.80, still waiting for it to boost. wink.gif
*
MGM, sold @ 10.50 all. Should be selling at 10.80 but forgot to placed my trailing STOP. Duh! Too excited, perhaps?

Short MGM @ 10.75 but didn't materialised. Short LVS @ 16.35 - the same story.
So, LONG LVS @ 15.90 x 500
C? What d fcuk? Hit 3.51? Nevermind, today will wait, re-enter 1,000 @ 3.45-3.50.

zamans98
post Dec 16 2009, 10:41 AM

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QUOTE(mH3nG @ Dec 16 2009, 09:51 AM)
Didn't check  on my shares for the past few days and now C is at USD3.57.  doh.gif
If it does drop to USD3 I might pick up some to average down.
*
yup, me too. Will re-enter C. Sold off MAXIS kurap share to buy C

You only can keep ur stocks if market is bullish, economic is sounds and stable. In this current market, a DAY trader method works best (if u got time, and money)

I'm just short of few K USD to enable my DAY Trade a/c.


zamans98
post Dec 16 2009, 10:04 PM

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QUOTE(danmooncake @ Dec 16 2009, 09:49 PM)
What do you mean? Break down BELOW 3.50?  blink.gif
It already did!

I'm holding off trading any financials for now. Energy looks good now.
Riding on ERX since yesterday. We'll see how far it can go.

Watching INTC and AMD today.. INTC got slapped by FTC for "unfair" practice.  brows.gif
*
oh no, my SHORT Q not materialized. Again. Why???

yes, C is now 3.45 and heading to 3.40. My gosh. When will the bloodbath stop?
zamans98
post Dec 16 2009, 10:25 PM

oquıɐɹ ǝɥ ɹǝo 'ǝɹǝɥǝɯos
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Looking at INTC, LONG

Worth to check ING out, been uptrend lately from long winding downtrend.


Added on December 16, 2009, 10:36 pmscooped INTC @ 19.46 LONG x250, TP 19.75

This post has been edited by zamans98: Dec 16 2009, 10:36 PM
zamans98
post Dec 16 2009, 11:10 PM

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QUOTE(syong @ Dec 16 2009, 10:43 PM)
was just checking ing too before your post..
too bad, too late to enter?
*
Looking at current BUY trend, worth a shot. But be cautious, same with RBS.

LONG INTC, hit 19.70, nearing my TP but all the way down in less than 5 minutes back to 19.40. Its a good LONG.

Reload another batch of LVS. MGM looking tired at current price.
zamans98
post Dec 17 2009, 08:49 AM

oquıɐɹ ǝɥ ɹǝo 'ǝɹǝɥǝɯos
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Oh fcuk, C is "historic" low again for since DOG JONES at 7,000 pts.

and Uncle Ben is TIME's man of the year. Oh my!

CITIGROUP INC
(NYSE: C)

After Hours: 3.19 Down -0.26 (-7.54%) 7:34pm ET
zamans98
post Dec 17 2009, 09:38 AM

oquıɐɹ ǝɥ ɹǝo 'ǝɹǝɥǝɯos
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Yup, saw on CNBC this morning.

Offer is $3.15/share, with 7.5% Div Yield?
Hence, the Government is not selling yet, they got 90 days frozen period.
zamans98
post Dec 17 2009, 09:45 AM

oquıɐɹ ǝɥ ɹǝo 'ǝɹǝɥǝɯos
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Not so fast, read back few pages. Some blog already spit out that the interest rate won't be moving up. So, Uncle Ben is the most powerful man in US right now. (and he's Jewish)

Saw on CNBC, that few CEO of many Investment firms looking at DOW 13K next year.


zamans98
post Dec 17 2009, 11:02 AM

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QUOTE(smartly @ Dec 17 2009, 10:55 AM)
My target to enter C again is below 3.00.
*
I will re-enter @ any price below 3.15. not much but buying about 1,000
zamans98
post Dec 17 2009, 01:25 PM

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QUOTE(danmooncake @ Dec 17 2009, 11:05 AM)
would be funny to watch, suddenly shorts have to cover, trigger massive buy, C would rise back to $5.  tongue.gif
*
QUOTE(epalbee3 @ Dec 17 2009, 12:01 PM)
only after it drops to < 3.15.


It might swing between 3.15 - 3.75. the price US government wants to sell..
*
Just read many Investment house analyst and CEO, plus there are on-going debate in CNBC a moment ago.

C is part of S&P 500 - now by Friday (this friday?) or next week before christmas, they need to re-adjust/balance the S&P 500. 2 billions shares need to change hand. Thus the short term we will see C rise but how high, nobody knows.

I'm ready to enter today, for short term, to reduce my losses before C downhill again, when GOVT start selling.

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