The Thailand expat forum for Travel, Lifestyle and Fun.

Stubi

What a rubbish here. I did a lot of trading and was very successful - I simply had luck. My advice - if anybody wants to give you help in such a case, think about it and him. The future is tomorrow - but what will happen the next minutes??? We all might have problems to understand today... And if you do not like or understand the purpose of casinos then stay away from other gambling. There is not much difference in the end - perhaps they sell it to you in a different way. Never forget - it is their BUSINESS and your HOPE. A bad start for YOU.

Spin

Stubi, take a look at this chart, Here
Can you see anything in this chart that would contradict a reversal in the stock anytime in the next few days? Please include any specific opinion as all positive and constructive comments are welcome.

Jet Gorgon

^ Um, yes, quite.

If it's utilities with nuke-generating power, it's a maybe, but you never know -- if Obama gets in, not much chance for more nuke stations. Westinghouse & GE are plant makers and there's a new 8-member utilties group -- NuStart -- that's looking into feasibility. Some say plants could be on line by 2014.

You are so right, Spin. Citi's carnage in its inv banking ranks and a reorg might help; I just don't like the CEO Panjit. JPM has to deal with its Bear Stearns reorg, but hey, its got US$748bil in cash on its books, altho debt is about $472 bil. Wait for 2Q results.
Insurance cos -- gag. A few are doing OK with greater strides in int'l markets. Can't divulge info at the mo.
Trade it for Bear Stearns.

The US utilities are ok for value as most pay dam fine divs; with stock prices rising and the div yield, the returns are pretty healthy. The new-age power cos (solar, wind, hydro stuff) are so dependent on govt subsidies, coz their costs are so bladdy high. I'd also really research the mgmt and check the books. One green co making enviro-friendly cleaning products is listed on the Vancouver SE (steer clear by an ocean); a few friends invested at $0.40 or something; the stock zoomed up and then crashed -- mgmt probs.
Potash would have been good when Thormaturge bought in (show off), but all of those cos need to come down a bit more for a good entry point.
Airlines -- def no. But an Ireland-based aircraft leasing co (sorry had to edit out the full name) may be worth a look see. They lease aircraft to major carriers who obviously cannot afford to buy now. Mgmt seems astute. Only prob: lots of debt.
Food cos -- input costs are zooming up, but many are passing those on with pricing and everyone seems to be taking it, altho private label brands (retailer brands, etc) are carving out a wide niche.

Sorry I can't name more names (the stocks I like are on our restricted list). I don't wanna die...

Rattanaburi

I like the stockcharts site. I remember I was looking at LVS back about new year. It's cheap but there was a report out the other day that Las Vegas is suffering. I guess gambling even real gambling isn't so popular nowadays. EXM is bouncing around all over the place and its down again. GSX is probably the only stock I hold which hasn't gone down.

I would like to find some stocks like Iraqi telecom or cement companies. The war was shit but sooner or later that place is going to fix up really quickly. I guess you have to invest in Iraq to buy those stocks.

They used to say anyone who ever made any money made it in real estate. Or something like they aren't making anymore land' Lately it seems that many of the world's wealthiest made it through telecoms. There aren't many countries left where you can do that except in those that have seen war or dictatorships.

Stubi

I did this gambling many years. Mostly with options. And with the worst - currencies - trade 24 hours almost seven days a week. I made some money with it. But I know that I had luck and not more. Could not give advise to anyone - if I knew for sure I would make the deal myself too. But it hurts me even more to give wrong advice than losing my own money.The technical view on this chart would suggest a reversal. But trading does not often follow this logic - at least in my experience. And honestly - how much do you really know about this company? Even if you have insider knowledge it is not always sure how the market will react to news. At least it helps to get on average better results. But without such a knowledge?

Spin

I've done my due diligence on Mosiac, I'm comfortable enough to place those trades (for fun) and also in the real world if I get stopped out over the next few days it wont matter too much.
Dont forget that this thread is for fun and I'm certainly not offering advice here, nor is anyone asking for it either.
Now as this thread is about having fun and making some imaginary money if possible, do you have any suggestions that we might add to our imaginary portfolio?

bkkandrew

^Its getting too late to short BB:IX, as it closed down 16% to 42p today. The Govt. bailout price will be between that and 20p IMO.

Spin

Sorry, I coudnt find any website that portfolio tracker that could display short "trades". Good call though.

bkkandrew

^Oh well, you know, I am not bullish on anything right now, so no recommendations from me...

Spin

Pretty bad day for the wider market today, financials reached new lows and dragged the market with them.
Grain prices plummeted and oil fell too, both are bad news for the Ag sector combined with the drop in the Dow means that POT, MOS, and MON gave up some of Thursdays gains.
Best place to be today was SKF financials ultrashort.

Travelmate

should invest in "Cattle & Sheep" that what the Aussie prick said on the telly this morning.Gloating that Oz is desease free. and should make a killing selling beef to Taiwan.

Airportwo

Dump the Mosanto stock - "evil company" !



Monsanto is a Biotechnology Multinational run by Chief executive Robert Shapiro. They spread everywhere they are tolerated in the world seeking to patent everything you eat. They own 90% of all GMO (genetically modified organism) crops in the world, 70% of these being Round Up resistant. The
rest creates an insecticide called BT. They bought 50 major seeds companies (tomato, potato, corn, soy , cotton…) from 1995 to 2005. This post might somehow be long, but you absolutely need to know about this corrupt company and the people behind all this. Everyone on the planet is concerned. Monsanto has been selling PCB’s and claiming their benefits for the environment knowing it was completely false. PCB have been banned in the beginning of the 90’s. PCB’s are present in the air, ground and water. They are for a big part in the well known disease: cancer.
Let’s start by analyzing their best product on the market.
Round Up Ready (RUR); this herbicide has been the number one seller for the past thirty years. (marketed in 74) It will kill every living plant but the Monsanto’s genetically modified. A very good example is their RUR Soy plant. Monsanto’s scientist identified a gene resistant to Round Up. Fixed on microscopic gold particles, these genes are bombarded with a canon gene into the soy cell. Combined with the RNA, it triggers the make of a protein that will create a Round Up resistant Soy plant. You can read an article from Dr Robert Belle on the Round Up technology. He explains their technology affects a key mechanism that controls cell division making them more keen to instability. A cell is not cancerous in the beginning, the principal modification toward cancer is when a cell becomes genetically unstable, this is exactly what Round Up does. In an experiment, Elena Alvarez Buylla demonstrates that flowers have a completely different phenotypes (expression of a gene) depending on the localization of the trans gene. Some specimen look like normal flowers, others present monstrous looks. Once a trans gene is released, with the wind carrying the pollen around, it can go infect any natural crop integrating those new modified genes into the environment.
The FDA ( Food and Drug administration) is in charge of the health regulations in the USA. In 1979, they accepted a law classifying GMO food and natural food in the same category. James Maryanski (1985-2006) the Biotechnology responsible of the FDA at the time admits in a video that the White House made some etc

Spin

^ I'm aware of all that and and a whole lot more! I agree that this company have some pretty nefarious operational tactics going on in the background. I dont trade this company in real life for those reasons. For this thread I took some because i can see a good chance of profit for that trade
POT is another company that have similar themes that play on the conscience, however they are not as bad as MON and I do hold a long position in that company in real life.
Do you have any "clean" picks that you would like me to add to the portfolio?

Spin

Well it was a wild ride for the Teakdoor portfolio today, at one point we were totally skint and about 4000$ under! This was due to the Ag stocks POT, MOS and MON finding new lows in their correction. Those stocks should now trade sideways for a few days before they move on up and find new highs.
Late in the day a huge rally in the financial sector triggered by comments from Morgan Stanleys Jamie Dimon at the FTIC mortgage conference sent the indexes back into positive territory.
Commodities took another spanking today with copper off 3.8% which means our FCX position lost us about a 900$ today
Oil dropped over 5$ to close at 135.95, that cost us a big chunk of profit in the Ag stocks because they move in sympathy of oil.
Heres the numbers, not a bad day in the end, now we're up 5248$

Spin

After a promising start it turned into another ugly day on Wall St, financials companies plunge and drag the whole caboodle with them.
Dow down 233 points/2%. S&P 500 down 30 points/2.3%. Nasdaq down 60 points/ 2.6%

Never mind, we still made money......

smeden

try to look at aker drilling u can google them and look at ther weeb site

Spin

^ Interesting company but theyre listed on the Oslo stock exchange and wont show up in the portfolio manager I'm using

I just sold the First Solar shares, it has a great couple of days and earned us 4100$ worth of beef sandwiches for DD
Will look to see what it does tomorrow before I place the next trade, might be best to short it as theres plenty of bad news around to drive that stock back down to the 245 area.
First Solar(fslr) is a daytraders dream, it has massive intraday moves and its like printing money if you're in the right place at the right time. it can burn you badly as well as i have found out many times

smeden

they are building 2 new rigs the first is near ready for sea trials they drill wells at double speed as they have dobbel ramrig when the first reports come in thhe stocks will go up

Spin

^ Cool, do you work for them? Can you get me a job?

So at the end of the day we have 4100$ realised profits and 6086$ unrealised profit sitting in the remainder of the portfolio.

Total profit so far in 5 trading days is over 10,186$ or 342,000 baht.

smeden

sorry i am just a hired pipefitter working on building the rigs