Author Topic: Aces High Stock Market Game... (Read 9549 times)

Nilsen · « **Reply #375 on:** June 21, 2006, 09:44:37 AM »

Quote

Originally posted by BlueJ1
OII is mine I tell ya! All Mine!

just stay away from my Vascular Solutions. Doing good too

DJ111 · « **Reply #376 on:** June 21, 2006, 10:27:56 AM »

Gooooooooooooo Intel!

Bluedog · « **Reply #377 on:** June 21, 2006, 10:29:01 AM »

Anyone care to give a quick idiot proof explanation of what the terms 'sell short' and 'buy to cover' mean?

Someone else asked earlier in the thread, and I dont think it has been answered yet.

No clue what I'm doing, but I seem to be losing money at a steady rate.....just like real life

Nilsen · « **Reply #378 on:** June 21, 2006, 10:52:27 AM »

Quote

Originally posted by Bluedog
Anyone care to give a quick idiot proof explanation of what the terms 'sell short' and 'buy to cover' mean?

Someone else asked earlier in the thread, and I dont think it has been answered yet.

No clue what I'm doing, but I seem to be losing money at a steady rate.....just like real life

Selling short is what you do if you think a stock is falling, unlike trading long that means you take profit from a rising stock.

A short seller can borrow a stock and sell it, hoping that it will decrease in value so that they can buy it back at a lower price and keep the difference

-edit- to make sure nothing is lost in the translation i looked it up for you:

http://www.shortpicks.com/short_selling.asp

~Caligula~ · « **Reply #379 on:** June 21, 2006, 10:56:01 AM »

it`s ok BD. I ain`t got a clue what those are...look where I stand...

Bluedog · « **Reply #380 on:** June 21, 2006, 11:22:56 AM »

Thanks Nilsen,
Exactly what I was looking for, but was just to dumb to find apparently

Cal, I'll be happy if after the thirty days are up i still have the 100k after interest payments and stuff, profit would be a bonus, but I aint holdin my breath.
Youre up 12k or so right now, I wont get that kind of return until someone starts another war.

Bluedog · « **Reply #381 on:** June 21, 2006, 11:35:54 AM »

BTW, who manufactures small arms ammo for the US Army?
And who owns Colt Firearms?

I'm thinking the US and her allies are at war, whoever makes and supplies the 'consumable' stuff( ammo, weapons and components, boots, waterbottles,webbing, uniforms,etc) used by the western armies should be a pretty safe bet for the forseable future.
Probably unethical, immoral and plain old offensive to some, but hey, it's all proffitsssss.

Where would I go to research who the parent company supplying a certain good is?

Curval · « **Reply #382 on:** June 21, 2006, 12:11:58 PM »

Stupid thing cancelled my last order for some reason and my choice is up over 2% from when I put in the order.

I guess the oprice went up before they settled the trade and I didn't have enough cash. Just how one is supposed to manage that through this site I have no idea.

Nilsen · « **Reply #383 on:** June 21, 2006, 12:32:11 PM »

are you guys doing ok today?

im up 2000$

BlueJ1 · « **Reply #384 on:** June 21, 2006, 01:16:45 PM »

Quote

Originally posted by Nilsen
are you guys doing ok today?

im up 2000$

Im doing real good. over 7% in the green. Made about 1 grand with OII so far.

Nilsen · « **Reply #385 on:** June 21, 2006, 01:25:48 PM »

yup OII has been good to me too, but i should have bought more of it yesterday.

I made an error and got 99k worth of stock in KMI yesterday that i have now put up for sale to get some cash

Curval · « **Reply #386 on:** June 21, 2006, 01:56:26 PM »

Quote

Originally posted by Nilsen
Selling short is what you do if you think a stock is falling, unlike trading long that means you take profit from a rising stock.

A short seller can borrow a stock and sell it, hoping that it will decrease in value so that they can buy it back at a lower price and keep the difference

-edit- to make sure nothing is lost in the translation i looked it up for you:

http://www.shortpicks.com/short_selling.asp

Have you tried it here yet?

Good luck. (See above for my experience with trying it...the site did the EXACT opposite of what I requested).

Nilsen · « **Reply #387 on:** June 21, 2006, 02:03:54 PM »

No curv... havent tried it yet. Maybe when i manage to dump some stock.

BlueJ1 · « **Reply #388 on:** June 21, 2006, 02:16:12 PM »

Nilsen sir. What do you think about our BDCO stock?

Nilsen · « **Reply #389 on:** June 21, 2006, 02:40:09 PM »

Quote

Originally posted by BlueJ1
Nilsen sir. What do you think about our BDCO stock?

I think its a keeper. P/E not horrible, but id like to see some more numbers.

-edit- you know were i can find EV/EBIT numbers on that company?