Market Watch Week 2, A recovery

[Flipperk]

Sorry I missed the tuesday call, its kinda hard to do this when no one really posts a reply with thoughts or ideas   (hint)

**NYSE**

This week has been a good week for wall street (as i predicted in my week 1) even today DOW up to 9556.56, NASDAQ up to 2067.68. Now lets look around the market for the big studs and market movers.


**OPXA** Opexa Therapeutics Inc.

On Tuesday Sept. 8 OPXA SOARED to a high on 6.58/Share a 400% climb from its close of 1.58 on monday. Why? Story can be found here:

http://www.foxbusiness.com/story/markets/industries/health-care/opexa-shares-skyrocket-favorable-ms-treatment-outcome/

So what about today? Well as expected with any big triple digit precentage gain, there is a huge sell off right after. Even though OPXA hit a high of 6.58/Share the sell began right there after ward closing on tuesday to 5.68/Share. Wed. Sept 9 pretty much the same story loosing close to 30%, OPXA closed at 3.99/Share.

Today Sept. 10 OPXA is up 13% at the moment, its Est. Yearly Target is now set to 8/Share, and the test results for this new drug are not yet final. When this product hits shelves watch this stock soar even more. I suggest a Strong Buy on this stock.

**AIG** American International Group, Inc.

AIG is holding on right now, after the huge rally last week standing at 40/Share, no real news has came through lately about AIG. I would suggest a Buy/Hold on this stock...its holding even at the moment and its just waiting for some news for a direction of movement. Q3 Reports are coming in pretty soon, Q2 was reporting good news for AIG, so look for Q3 reports and just watch this monster. AIG is comming back.

**ETFC** E*Trade Financial Corp.

I want to mention this stock because of two reasons:

1.) Its dirt cheap, 1.73/share, the company itself is in really good standing compared to the other brokers in this economy.

2.) When we see more of the recovery come in, in the near future, watch the broker stocks surge. When our economy recovers more people are going to be involved in stock trading and I expect at least a 150% gain over the next 6-8 months ahead.

I suggest a Buy/Hold on this stock.

**FNM** Fannie Mae

This rocket has ran out of fuel, multiple reports of FNM not being able to pay off the debt with the government and rumors of a new company trying to replace FNM and FRE (Freddie Mac). Stories of this can be found here:

http://www.cnbc.com/id/32733129/site/14081545?__source=yahoo%7Cheadline%7Cquote%7Ctext%7C&par=yahoo

http://www.thestreet.com/_yahoo/story/10595478/1/fannie-freddie-fall-on-lockhart-comments.html

http://www.foxbusiness.com/story/markets/trade-group-seeks-replace-fannie-freddie/

Its a scary stock at the moment, its sitting around at 1.68/share and not really moving much. This stock has a big history of reacting to news, and with the latest ones not really providing much information about a recovery for this fallen giant. I would suggest a Sell for this stock until other news of any profit show.



***Thoughts and Comments***

Its a mixed week right now, still have alot of sellers but the buyers are back and wall street is recovering from last weeks bears. I expect another gain over next weeks sessions, possibly a small sell off next thursday and friday.

I personally just bought 1500 shares of ETFC and im going to see what happens

This is flipperk, and remember im not responsible for any stock you buy or sell based off the information given you here today, your own research is VITAL to how you buy and sell stocks, this is for informational purposes only.

.



Thoughts or comments about this week?

[Rondar]

Flipperk, I responded to your other thread a day or so ago 

Not sure what I would be able to inject here for information as I am a noob at stocks and trying to learn.  I'm not really sure what you "research" when you research a company.  I see a lot of figures and stuff, but dont know what they mean and how to use them to see if I think a stock will go up or down.

So I plan on doing a lot of learning here, hope you dont mind a noober pokin my nose in here.

[Flipperk]

No problem man, and you were the one who reminded me of posting lol

Usually (for me at least) I research recent news, the 1 year est., companies recent Quartly reports, 52 week range, and volume.

Recent news about anything with the company. Look back on any stock and look for spikes in the price. Search the news for that company on that day and see what happened to make the stock jump. Wether it be a new CEO (Which ETFC is about to have), Oil findings, Fraud within, anything. just know your company and what their plans are before you buy them.

The 1 year est. is set by analyist who think what the stock will be worth in a year. Now this changes alot and changes with news about the company. If its higher than what the value is now, then its probably going to go up as long as the company keeps preforming. If the 1 year is lower than the value now, research the company on why the value is so high. Like with AIG, its 1 year is about 17..its value ATM is 40.

Quartly Reports are you biggest source of wether or not your stock will go up or down. Ecspecially with this economy if your company reports any profit for a quarter their stock jumps.

Volume is another big factor, volume tells you how many shares have been bought or sold through that day. High Volume = Bigger precentage movement.


There is really no right or wrong way to trade, people ask how I trade and they say Im not doing it "the right way". I just tell them, well my portfolio is up 275% since janurary, i must be doing something right.


My startegy is basically I pick a few stocks (like ETFC) that will grow slowly and I put about 60% of my porfolio in "safe" stocks. The other 40% is all drawn into one stock at a time. Like AIG or FNM. Why?

Heres some numbers: (This is just an example)

Take FNM for example, I log on to finance.yahoo.com and I look at FNM chart, I also look at yesterdays chart. If yestersday chart was in a positive climb (CLIMB not positive value) and the day opened up with a positive value and its holding I will mass buy FNM. (This is why volume helps, it insures that the stock will move during the day)

IE: FNM sits at 1/share I buy 100K shares. FNM then climbs to 1.02/Share I sell all 100K at 1.02.

Granted it only went up 2 pennies a share, but at 100,000 shares each penny = 1,000 Dollars.

So I bought 100K shares of FNM at $100K. I sold at 1.02 and made 2000$. Not bad for only a couple hours of watching a computer screen.

Do this once or twice a week and your set.




Now when you enter the market I HIGHLY suggest that the money your investing IS MONEY you DO NOT mind loosing. IE: My portfolio is in a Roth IRA, I cant touch the money and if I lost all of it, it wouldnt hurt me one bit because I put a fixed amount of money in the portfolio that I could afford to loose with no lose on my end, and that original contribution has grown over 275% since.

Another quick tip, when you buy a stock be sure to have plan. I will sell at a certaint percentage up and down. My limits are -10% under the value that I bought the stock at. If the stock goes up i will wait for a downward fall in the chart and then sell the first day of negative value. If the stock happens to hit 100% or more without going negative value then I automatically sell half to get my original investment back and leave the rest for pure profit.

This is just how I invest, others have their own way and it works for them, this is my way and it works for me.


As I said before there is no "right way" to invest. If your making money then your doing it right.

[Rondar]

Sounds pretty interesting.  Somehow tho, I gotta find that 100k to buy stock with in the first place.  I have a few thousand that I am working with but what little I have been doing the last 6 months is to buy cheap stock ie less than 5 bucks and preferably around a buck or so, and try to make a few hundred bucks a trade on 1000 shares or so.  Sometimes it takes a few weeks  or so but I have been learning,  Made some and lost some.

[Flipperk]

Sounds pretty interesting.  Somehow tho, I gotta find that 100k to buy stock with in the first place.  I have a few thousand that I am working with but what little I have been doing the last 6 months is to buy cheap stock ie less than 5 bucks and preferably around a buck or so, and try to make a few hundred bucks a trade on 1000 shares or so.  Sometimes it takes a few weeks  or so but I have been learning,  Made some and lost some.

Thats exactly what im doing 

The 100k is what i envision of me doing 20 years from now lol

[Rondar]

What does it mean on a stock ticker such as scottrade's scottrader live streaming prices, when a stock is priced at say 1.85, but bid is 1.80 and ask is maybe 1.87.  Where is that price difference going....  I mean who is getting the difference if the price is 1.85 at the time?

[betty]

im so confused.....

[Flipperk]

What does it mean on a stock ticker such as scottrade's scottrader live streaming prices, when a stock is priced at say 1.85, but bid is 1.80 and ask is maybe 1.87.  Where is that price difference going....  I mean who is getting the difference if the price is 1.85 at the time?

The difference goes to the broker, its how they make money.

Bid is the price that the broker will except as the selling price, and the Ask is the buy price.

[Rondar]

Well, what are we gonna buy on Monday?  Got the ole crystal ball polished up so you can see clearly in it?   I had bought FMAR a month ago or so for 1.52 and sold it friday for 1.83.  I have no idea what it will do as it is a financial stock, the price has been going up and down in the 1.40 to 1.60 range and it jumped up to 1.80+ so I sold it hoping it will go back down again and I may buy it again.  Lots of good things being mentioned in the casino stocks on yahoo finance also.  I'm a big spender  and cringed and bought a hundred shares of LVS a couple months ago and it has rewarded well with almost a doubling since i bought it. 

Im currently watching approx 52 stocks in my watch lists, a few of them I own, most of them I dont, but have been watching them.  On opexa, I bought it 6-8 months ago for .46 and thought I was gonna lose my azzzzzzz bad and did for a while, sold what I had when it went up to 1.30 area and thought I had a feather in my hat.  If only Ida waited a few hours I woulda had some real moolah off of that, but still, had a bird in the fist instead of some in the bushes.

[Flipperk]

A Small update.

Woke up and looked at the pre-market for ETFC that I bought at 1.73 @ 1500 shares


Its now at 1.80, on news of an upgrade, once the market opens up should expect it to surge to 1.9 maybe even hitting 2.00 as a high. Why? Because with a premarket glow of + 9% and only a handful of people actually play with pre- and aftermarket trading, when the markets open a huge surge in volume will be expected.


This might not sound like a big change, but it is... ETFC closed on friday at 1.66. Its now (in premarket) at 1.81  +9.34%

[Vipermann]

What broker do you use?

[Rondar]

Viperman, I use Scottrade.

[Curval]

**AIG** American International Group, Inc.

AIG is holding on right now, after the huge rally last week standing at 40/Share, no real news has came through lately about AIG. I would suggest a Buy/Hold on this stock...its holding even at the moment and its just waiting for some news for a direction of movement. Q3 Reports are coming in pretty soon, Q2 was reporting good news for AIG, so look for Q3 reports and just watch this monster. AIG is comming back.

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


Wells Fargo Securities downgraded American International Group. Inc. to its lowest rating Friday, saying the insurer has "virtually no tangible book value at the moment" and the recent volatility in its shares, including a huge rally in August, is a mystery.

The appointment of a new CEO, Robert Benmosche, and his comments about not being in any rush to sell the company's assets in order to get the best return on the sale more than tripled the share value in August.

"We find few fundamental reasons that support the company's price performance," wrote analyst John Hall in a note to investors. He downgraded AIG to "Underperform" from "Market Perform" and cut his valuation range on the stock to between $10 and $20 per share from between $21 and $29.

Tuesday Credit Suisse cut AIG to "Underperform" from "Neutral."

AIG shares declined 10 cents to $37.95 in afternoon trading. It hit $55.90, a high for the year, on Aug. 28. In the past 12 months, shares have changed hands between $6.60 and $356. That's taking into account a 1-for-20 stock split on July 1 designed to prop up shares.

Hall said AIG's book value, or its net worth, is about $21.80 per common share. And taking out some of the "lower quality components," such as a line of credit with the Federal Reserve and Treasury, he said the company's "tangible book value" is presently nil -- or even negative if one takes out goodwill.

A spokeswoman for New York-based AIG declined to comment.

Hall also said the present market value of AIG's assorted businesses is less than its obligation to the government.

The U.S. owns 80 percent of AIG. Hall calculates total government support at $192.4 billion. The government made huge investments in AIG to stop the company from failing amid fears it lacked the cash to make good on its insurance contracts. AIG insured complicated financial instruments, many of them tied to real estate, that were defaulting as the housing market crashed.

[68ZooM]

**AIG** American International Group, Inc.

AIG is holding on right now, after the huge rally last week standing at 40/Share, no real news has came through lately about AIG. I would suggest a Buy/Hold on this stock...its holding even at the moment and its just waiting for some news for a direction of movement. Q3 Reports are coming in pretty soon, Q2 was reporting good news for AIG, so look for Q3 reports and just watch this monster. AIG is comming back.

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


Wells Fargo Securities downgraded American International Group. Inc. to its lowest rating Friday, saying the insurer has "virtually no tangible book value at the moment" and the recent volatility in its shares, including a huge rally in August, is a mystery.

The appointment of a new CEO, Robert Benmosche, and his comments about not being in any rush to sell the company's assets in order to get the best return on the sale more than tripled the share value in August.

"We find few fundamental reasons that support the company's price performance," wrote analyst John Hall in a note to investors. He downgraded AIG to "Underperform" from "Market Perform" and cut his valuation range on the stock to between $10 and $20 per share from between $21 and $29.

Tuesday Credit Suisse cut AIG to "Underperform" from "Neutral."

AIG shares declined 10 cents to $37.95 in afternoon trading. It hit $55.90, a high for the year, on Aug. 28. In the past 12 months, shares have changed hands between $6.60 and $356. That's taking into account a 1-for-20 stock split on July 1 designed to prop up shares.

Hall said AIG's book value, or its net worth, is about $21.80 per common share. And taking out some of the "lower quality components," such as a line of credit with the Federal Reserve and Treasury, he said the company's "tangible book value" is presently nil -- or even negative if one takes out goodwill.

A spokeswoman for New York-based AIG declined to comment.

Hall also said the present market value of AIG's assorted businesses is less than its obligation to the government.

The U.S. owns 80 percent of AIG. Hall calculates total government support at $192.4 billion. The government made huge investments in AIG to stop the company from failing amid fears it lacked the cash to make good on its insurance contracts. AIG insured complicated financial instruments, many of them tied to real estate, that were defaulting as the housing market crashed.

Boy that makes me happy as a taxpayer who helped bail out AIG, glad there making it, every taxpayer should of received some AIG stock ( oh wait my bad Government controls them now)  do they plan on paying back what the government stole from the taxpayers?