Stock Market Ttrading Thread 2013....Let's Rock!

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Those are very, very basic charts.

And I just came across this a second ago, fwiw:

The call of the day: BlackBerry /quotes/zigman/19622165 /quotes/nls/bbry BBRY is not only here to stay, it’s poised to more than double within a year, so says Frontaura Capital analyst Tim Raschuk. It’s a stock “that Wall Street hates,” with 38 out of 43 analysts rating the stock hold or sell. Their average price target is under $10 a share. Add to that the fact that more than a third of its float is shorted and Raschuk says the stock represents “a unique opportunity to buy a firm at significantly below intrinsic value.” Raschuk said he believes shareholders would likely recover much more than its current market cap, even in bankruptcy. His six-to-12-month price target is $19 a share.

BBRY is on a level of support here. Maybe this can get it going in the right direction. The short position is huge.

If not here, keep an eye on the year low for next support.
 
Mcd5/Lanky - what are your opinions on intel?

I feel it's undervalued due to sentiment that it wont be able to keep it's edge in the transition to the mobile market. I think that sentiment is wrong though.
 
tshile said:
Mcd5/Lanky - what are your opinions on intel?

I feel it's undervalued due to sentiment that it wont be able to keep it's edge in the transition to the mobile market. I think that sentiment is wrong though.
Click to expand...

It's not one I follow a lot. I did buy it a year ago, when it had a huge dividend. Not so much now.

With that said, look at this basic chart. Mid 22s looks like it would be a good entry. I would consider buying mid 22s, and you may see a test of the year high. But it's not one of my favorites.

You can also see the double top on the chart, where people just weren't interested in buying it anymore, and the stock retreated:

Stock Quote INTC
 
I compromised my personal opinions with the advice of people I trust. I sold enough of my facebook stock to cover my initial investment and move that money into a safer, dividend paying stock.

So I still have a stake in facebook, but not much. Literally anything I sell that stake for is profit. Bought at 24.09 sold at 34.10. Its the first sale I've ever made ;o
 
I want to buy Mako but my money from my sale of FB stock hasn't registered yet.
Earnings report is on the 30th...

JNJ would probably be the safer pick though to enter that sector.
 
tshile said:
I compromised my personal opinions with the advice of people I trust. I sold enough of my facebook stock to cover my initial investment and move that money into a safer, dividend paying stock.

So I still have a stake in facebook, but not much. Literally anything I sell that stake for is profit. Bought at 24.09 sold at 34.10. Its the first sale I've ever made ;o
Click to expand...

Congratulations! Huge trade.
 
RE: Intel - advice that someone gave me a long time ago that has held pretty much true - buy companies that YOU like. You're an IT guy, and I presume you have a pretty good handle on the chipset market and what not - if you think Intel is doing good things, then you should buy them. Especially if they've recently dipped in cost at all. You can do all the research in the world, but nothing really beats a good "gut feeling," in my opinion. Ask yourself: what was your gut telling you when you bought BBRY?
 
Lanky Livingston said:
RE: Intel - advice that someone gave me a long time ago that has held pretty much true - buy companies that YOU like. You're an IT guy, and I presume you have a pretty good handle on the chipset market and what not - if you think Intel is doing good things, then you should buy them. Especially if they've recently dipped in cost at all. You can do all the research in the world, but nothing really beats a good "gut feeling," in my opinion. Ask yourself: what was your gut telling you when you bought BBRY?
Click to expand...

Thanks. The problem is that I don't have enough knowledge to be able to say 'this stock is worth x', which I feel is kind of fundamental when trying to decide whether or not to buy a stock.

I feel like intel is going to do well, but that's because they have no competition at this point. They've run all their competition out.

I'll have to think on it... for whatever reason my funds aren't available anyways so I have time.

My gut was, and still is, that people are undervaluing blackberry. Not enough time has passed to prove I'm right - there might not be enough time in the world to prove i'm right ;)
 
tshile said:
My gut was, and still is, that people are undervaluing blackberry. Not enough time has passed to prove I'm right - there might not be enough time in the world to prove i'm right ;)
Click to expand...

If BBRY dips much further, I'll be tempted to buy. I think they'll always have a nook in the market with some businesses. Although a lot of businesses are starting to get their employees the phone of their choice instead of forcing Blackberries on them - which hurts them a lot, I think.
 
Hah, i've decided to go with Citigroup. I believe their stock is significantly undervalued and I really like their new CEO. It's a longer term stock to hold for me - 1 1/2-2 years would be my estimate.

It kind of jacks up my portfolio though because I already hold JP Morgan.

Of course my mind changes as the wind blows so maybe I wont... ;)
 
McD, can you explain "shorted" and "covered?" I have a rough understanding of the concept, but would like it explained further. Thanks. :)
 
Shorting is the exact opposite of buying. If you think a stock is going lower, you can sell shares you don't own.

If the stock drops, you can buy them back (cover) at a lower price for profit.

If they go higher after you short, you will lose money.
 
Shorting is a higher risk strategy, because theoretically, your potential loss is unlimited. A stock you short could be bought out for infinity.

In the real world, if you thought your nextdoor neighbor's house was overpriced, you couldn't just sell it without owning it.

In the market, you can.
 
Extreme said:
I know nothing about stocks, so I have to ask. If there is a company that isn't public, but they do trade stock as a company, is there any way for a regular person to buy stock in the company if they aren't an employee? The reason I ask, is because a company called Clockwork Home Services Inc. is a company I know a lot about due to one of their owned companies being a huge fixture in Virginia Beach, and a company that offers their employees stock and it's stock a lot of money is made on by guys in the company retiring and selling their shares back to the company. So is it possible, or would I just have to hope for them to go public one day?
Click to expand...

See if they're on here: https://www.secondmarket.com/
 
Watching symbol UNG.....natural gas.

Would love to buy it below 18.
 
Long DDD @ 50.10. Total crapshoot, earnings tonight. May sell prior if it pops enough.
 
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