Thread: OFFICIAL: STOCK ADVICE THREAD

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  1. TOP #1
    magnifier661 has several friends magnifier661 has several friends magnifier661 has several friends magnifier661 has several friends magnifier661 has several friends magnifier661 has several friends magnifier661 has several friends magnifier661 has several friends magnifier661 has several friends magnifier661's Avatar R.I.P. MGB 2013
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    Default OFFICIAL: STOCK ADVICE THREAD

    With all advice, you must put a disclaimer that the advice will not guarantee gains and stuff!

    Okay so here is my first attempt.... Make sure you understand that, by no means, this is a guarantee.

    symbol: AAMRQ (AMERICAN AIRLINES).

    Yes you remembered correctly.... They were going bankrupt until US airways merged with their company.

    I think they have taken a big hit when shit hit the fan, but I think they are unfairly devalued. I think they could be a $6 stock in about a year or 2; which would be a significant gain being a $2.75 stock right now. The advantage is they have been completely re-organized and should start functioning with profit soon.

    I bought in at 2.70 (1,000 shares)
    Last edited by magnifier661; 03-11-2013 at 11:52 AM.

  2. TOP #2
    KeepOnRollin has written some things that people like KeepOnRollin has written some things that people like KeepOnRollin's Avatar On the First Team
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    Default Re: OFFICIAL: STOCK ADVICE THREAD

    Mags - What do you think of SIRI? I am pretty sure that years ago you were on it but then they feel on tough times. They seems to be rebounding again however and at or right near a 52 week high currently.

  3. TOP #3
    Zybot is becoming well known Zybot is becoming well known Zybot is becoming well known Zybot is becoming well known Zybot is becoming well known Zybot's Avatar Rip City Rhapsody
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    Default Re: OFFICIAL: STOCK ADVICE THREAD

    Buy into S2! I hear their CEO is stealing all the money. I plan to organize a lawsuit so we can all sue Denny!
    "Nobody puts Batum in a corner" ~ Patrick Swayze

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  4. TOP #4
    magnifier661 has several friends magnifier661 has several friends magnifier661 has several friends magnifier661 has several friends magnifier661 has several friends magnifier661 has several friends magnifier661 has several friends magnifier661 has several friends magnifier661 has several friends magnifier661's Avatar R.I.P. MGB 2013
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    Default Re: OFFICIAL: STOCK ADVICE THREAD

    Quote Originally Posted by KeepOnRollin View Post
    Mags - What do you think of SIRI? I am pretty sure that years ago you were on it but then they feel on tough times. They seems to be rebounding again however and at or right near a 52 week high currently.
    I didn't jump on the SIRI bandwagon. I haven't studied it at all, so my advice would be shit. I only play with 1 ($2-$5) stock at a time. So far, American Airlines is the company I am playing with.

  5. TOP #5
    hoojacks is becoming well known hoojacks is becoming well known hoojacks is becoming well known hoojacks is becoming well known hoojacks is becoming well known hoojacks's Avatar harlm shake (c)yoda 2009
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    Default Re: OFFICIAL: STOCK ADVICE THREAD

    Take the money you were gonna use on stocks and buy a gun



  6. TOP #6
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    Default Re: OFFICIAL: STOCK ADVICE THREAD

    Quote Originally Posted by hoojacks View Post
    Take the money you were gonna use on stocks and buy a gun
    Got 2 shotguns (semi and pump) and a .38 special. You think I need more?

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    Default Re: OFFICIAL: STOCK ADVICE THREAD

    Quote Originally Posted by magnifier661 View Post
    Got 2 shotguns (semi and pump) and a .38 special. You think I need more?
    Nope. Joe Biden says that is more than enough guns.
    "Nobody puts Batum in a corner" ~ Patrick Swayze

    "When the power of love overcomes the love of power, the world will know peace.” ~ Jimi Hendrix

    "Learn three facts and start yelling" ~ Motto of Ripcitytwo

  8. TOP #8

    Default Re: OFFICIAL: STOCK ADVICE THREAD

    Buy low, sell high.

  9. TOP #9
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    Default Re: OFFICIAL: STOCK ADVICE THREAD

    I have never dabbled in buying stocks. What do you guys usually use to buy stocks with?


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    Default Re: OFFICIAL: STOCK ADVICE THREAD

    Track Martha Stewart's investments and copy them.
    "Nobody puts Batum in a corner" ~ Patrick Swayze

    "When the power of love overcomes the love of power, the world will know peace.” ~ Jimi Hendrix

    "Learn three facts and start yelling" ~ Motto of Ripcitytwo

  11. TOP #11
    magnifier661 has several friends magnifier661 has several friends magnifier661 has several friends magnifier661 has several friends magnifier661 has several friends magnifier661 has several friends magnifier661 has several friends magnifier661 has several friends magnifier661 has several friends magnifier661's Avatar R.I.P. MGB 2013
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    Default Re: OFFICIAL: STOCK ADVICE THREAD

    Quote Originally Posted by mook View Post
    I have never dabbled in buying stocks. What do you guys usually use to buy stocks with?
    I always recommend having a good financial advisor. I may have interest in a stock and ask my advisor. He usually explains the pros and cons of the stock. It's actually a hard thing to figure out, unless you are trained in the field.

    Personally, I am hardly one to have great insight in stocks. I just see something in marketing news, then ask my advisor if it's worth looking into. I give him so many ideas and maybe one of them is actually something he agrees could be a sound investment.

    But if you do plan on doing it yourself, be very careful. maybe dabble with small money to get the hang of it. I always liked using Scottrade because it only cost something like 10 bucks a transaction. They have great tools for analysis too and there is no minimum to start an account.

  12. TOP #12
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    Default Re: OFFICIAL: STOCK ADVICE THREAD

    I guess I'm always skeptical about advisors when it comes to things like investing and sales. I figure if they were really good at it, they wouldn't need a job advising others. At least not small potatoes people like me.

    Warren Buffet once said he just invests in companies who make products that he likes. Seems like a pretty reasonable strategy. *shrug*

    I'm not really the high-stakes type. I think I should play around with it a little. Maybe see what I can do this year for under a thousand bucks. Thanks for the tip on Scottrade.


  13. TOP #13

    Default Re: OFFICIAL: STOCK ADVICE THREAD

    My guarenteed stock is slowly working it's way up to it's correct value, but I think it has some way to go.

    Last 2 years my guarenteed winner: Lennar Corp (LEN). I want 10% of all profits made

    BTW-Stock Market is at record highs . . . Thanks Obama

  14. TOP #14
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    Default Re: OFFICIAL: STOCK ADVICE THREAD

    Yeah, I kind of wish I'd gotten in stocks back in 2008. lol. I remember saying the same after the prior 2 recessions.

    You would think at some point I'd learn my lesson.


  15. TOP #15
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    Default Re: OFFICIAL: STOCK ADVICE THREAD

    Quote Originally Posted by Treaty_of_Batum View Post
    BTW-Stock Market is at record highs . . . Thanks Obama
    BTW- The Dollar is at record lows... Thanks Obama
    "First of all. I am absolutely the smartest person here." - MM

  16. TOP #16
    hoojacks is becoming well known hoojacks is becoming well known hoojacks is becoming well known hoojacks is becoming well known hoojacks is becoming well known hoojacks's Avatar harlm shake (c)yoda 2009
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    Default Re: OFFICIAL: STOCK ADVICE THREAD

    Quote Originally Posted by magnifier661 View Post
    Got 2 shotguns (semi and pump) and a .38 special. You think I need more?
    Yes. Stocks are fictitious suggestions of potential value. Guns let you protect (and take) actually valuable things. It's an obvious choice.



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    Default Re: OFFICIAL: STOCK ADVICE THREAD

    IMO, stock picks are useless unless you put some kind of time frame and exit criteria with the selection.

    For example, I'm buying UPRO. But I may only hold for a couple weeks or possibly months. If you plan to buy and hold, you should absolutely NOT purchase UPRO.

    The reality is this...
    95% of investors will do better just buying an index ETF and letting it sit as compared with trying to pick individual stocks. If you want to pick individual stocks, you should do it for entertainment but let your real investment dollars go into index ETFs.

  18. TOP #18
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    Default Re: OFFICIAL: STOCK ADVICE THREAD

    Train yourself to be nervous buying stock when the market is high (like now) and confident buying stock when the market is low. The natural inclination of most people seems to be opposite of that. When the housing market burst and stocks plummeted, I bought several index funds and made out like a bandit. My friends thought I was crazy, but it was like free money.

  19. TOP #19
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    Default Re: OFFICIAL: STOCK ADVICE THREAD

    ...speaking of stocks and investing, what are the top sites out there that everybody goes to as a trusted resource???

    I ask because I recently started a project for GrowthFinancial.net and our goal is to create a good resource of investment information etc. Thank you in advance for the feedback!
    Last edited by HAAK72; 03-06-2013 at 12:11 AM.
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  20. TOP #20

    Default Re: OFFICIAL: STOCK ADVICE THREAD

    Quote Originally Posted by mobes23 View Post
    Train yourself to be nervous buying stock when the market is high (like now) and confident buying stock when the market is low. The natural inclination of most people seems to be opposite of that. When the housing market burst and stocks plummeted, I bought several index funds and made out like a bandit. My friends thought I was crazy, but it was like free money.
    I like this thought. It took me countless years to act on this, but I finally started doing that.

  21. TOP #21

    Default Re: OFFICIAL: STOCK ADVICE THREAD

    Quote Originally Posted by HailBlazers View Post
    BTW- The Dollar is at record lows... Thanks Obama
    Ouch . . . rather have a strong dollar and low stock market. Obama sucks!

  22. TOP #22
    magnifier661 has several friends magnifier661 has several friends magnifier661 has several friends magnifier661 has several friends magnifier661 has several friends magnifier661 has several friends magnifier661 has several friends magnifier661 has several friends magnifier661 has several friends magnifier661's Avatar R.I.P. MGB 2013
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    Default Re: OFFICIAL: STOCK ADVICE THREAD

    Quote Originally Posted by Treaty_of_Batum View Post
    Ouch . . . rather have a strong dollar and low stock market. Obama sucks!
    Well there was one democratic president that had a strong stock market and dollar. He liked cigars and secretaries

  23. TOP #23
    EL PRESIDENTE has statements worth reading EL PRESIDENTE has statements worth reading EL PRESIDENTE has statements worth reading EL PRESIDENTE has statements worth reading EL PRESIDENTE has statements worth reading EL PRESIDENTE has statements worth reading EL PRESIDENTE has statements worth reading EL PRESIDENTE has statements worth reading EL PRESIDENTE's Avatar female
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    Default Re: OFFICIAL: STOCK ADVICE THREAD

    Quote Originally Posted by SlyPokerDog View Post
    Buy low, sell high.
    Buy at the peak of the bubble when everyone thinks it'll never go down, then sell after it bursts!
    INSTAGRAM!
    We have to provide food and shelter for the homeless, and oppose racial discrimination and promote civil rights, while also promoting equal rights for women. We have to encourage a return to traditional moral values. Most importantly, we have to promote general social concern and less materialism in young people.

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    Default Re: OFFICIAL: STOCK ADVICE THREAD

    Quote Originally Posted by Treaty_of_Batum View Post
    My guarenteed stock is slowly working it's way up to it's correct value, but I think it has some way to go.

    Last 2 years my guarenteed winner: Lennar Corp (LEN). I want 10% of all profits made

    BTW-Stock Market is at record highs . . . Thanks Obama
    You should thank Ben Bernanke and the FED, who are basically fueling this bubble.
    INSTAGRAM!
    We have to provide food and shelter for the homeless, and oppose racial discrimination and promote civil rights, while also promoting equal rights for women. We have to encourage a return to traditional moral values. Most importantly, we have to promote general social concern and less materialism in young people.

  25. TOP #25
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    Default Re: OFFICIAL: STOCK ADVICE THREAD

    Quote Originally Posted by mook View Post
    Yeah, I kind of wish I'd gotten in stocks back in 2008. lol. I remember saying the same after the prior 2 recessions.

    You would think at some point I'd learn my lesson.
    Did you wish you got in the housing market in 2006? You know, when the market was at record highs and everyone said to "jump in". Basically, you need to be contrarian. When people are buying you should be selling. When people are selling, you should be buying.

    Advice: you should buy right now. but watch bernanke and the FED like all investors are doing and completely liquidate when there is a hint of QE ending or interest rates rising. You'll have a very short window...don't stay long. after that put your money in precious metals because we'll have a currency crisis.
    Last edited by EL PRESIDENTE; 03-05-2013 at 06:59 PM.
    INSTAGRAM!
    We have to provide food and shelter for the homeless, and oppose racial discrimination and promote civil rights, while also promoting equal rights for women. We have to encourage a return to traditional moral values. Most importantly, we have to promote general social concern and less materialism in young people.

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