rookie investing

[Captain Crawfish]

Whoops, lmao

short term trade already rode that train

[Broncojohnny]

Analyze cheniere for me. I want to hear how it's such a pos. go ahead

Well right out of the gate they don't make any money. What else is there to say when you can't even get over that first hurdle? You are buying a piece of a business THAT DOESN'T MAKE MONEY. But really I like the book value, it's negative. I hope they paid you to take those shares. At least WPRT has a value.

[Captain Crawfish]

Well right out of the gate they don't make any money. What else is there to say when you can't even get over that first hurdle? You are buying a piece of a business THAT DOESN'T MAKE MONEY. But really I like the book value, it's negative. I hope they paid you to take those shares. At least WPRT has a value.

Ok they did since I bought at 13.6 look at today's close tell me who is getting paid

[Broncojohnny]

Ok they did since I bought at 13.6 look at today's close tell me who is getting paid

My easy to bring up chart only goes back to mid 2010 and they haven't made money in any given year since then. Although they did have at least one profitable quarter. How can you make the case that you are doing anything but gambling with your money when the shares you are buying have no value at all beyond what the next sucker will pay you?

Fact is, you might make money gambling on them but when the shit hits the fan again and it will,only a question of when, these companies die like flies in winter. They'll take every bit of money you have made in the last few years with them when they do too.

[slow99]

Analyze cheniere for me. I want to hear how it's such a pos. go ahead

13.8x EV/Rev might be the highest I've seen! Damn

[Captain Crawfish]

13.8x EV/Rev might be the highest I've seen! Damn

My easy to bring up chart only goes back to mid 2010 and they haven't made money in any given year since then. Although they did have at least one profitable quarter. How can you make the case that you are doing anything but gambling with your money when the shares you are buying have no value at all beyond what the next sucker will pay you?

Fact is, you might make money gambling on them but when the shit hits the fan again and it will,only a question of when, these companies die like flies in winter. They'll take every bit of money you have made in the last few years with them when they do too.

Thats what a stop loss is for Johnny! Hopefully you have stops set on your holdings. Im gonna keep my strategy you keep yours good luck.

[Broncojohnny]

Thats what a stop loss is for Johnny! Hopefully you have stops set on your holdings. Im gonna keep my strategy you keep yours good luck.

True and a good point. I don't have stop losses on anything I own though. Much of it I have owned for many years and my entry price is very low compared to market today, Exxon is a great example of that. In fact, I WANT the things I own to go down in the short term because I will buy more. Don't get me wrong, it is nice to see a big account value but it sucks to sit and buy nothing for months and months at a time. I tried to buy Tesco yesterday but it didn't quite make it to my strike price. That would be my first buy of 2012.

I do buy and sell a lot of options though, tons of fun and money in that racket. Sometime in the future, when my account is huge, I am sure I will start using them to hedge my positions.

Good luck to you too man, I want everyone to make money at the game in their own way.

[Broncojohnny]

Who deleted all the posts in here?

[Captain Crawfish]

Johnny how did you like the nice LNG pop today? blacks tone bet 2B on it. guess I'm not the only dumbass

[Broncojohnny]

Johnny how did you like the nice LNG pop today? blacks tone bet 2B on it. guess I'm not the only dumbass

I couldn't care less about it to be honest. What happened to your posts from this morning?

[Captain Crawfish]

I couldn't care less about it to be honest. What happened to your posts from this morning?

Deleted it was just me all happy about scoring 5 grand in 1 day. nobody cares

[Broncojohnny]

Deleted it was just me all happy about scoring 5 grand in 1 day. nobody cares

It deleted my posts too. That is strange.

I don't care because using your strategy you will wake up one day and lose 5 grand. Your stop loss orders won't matter either because the stock will open 20% lower and your stop loss will be a dump at market price. Been there and done it, I got the souvenir hat.

[Broncojohnny]

Deleted it was just me all happy about scoring 5 grand in 1 day. nobody cares

It deleted my posts too. That is strange.

I don't care because using your strategy you will wake up one day and lose 5 grand. Your stop loss orders won't matter either because the stock will open 20% lower and your stop loss will be a dump at market price. Been there and done it, I got the souveneir hat.

[Captain Crawfish]

Molycorp

[Broncojohnny]

Molycorp

Been watching it forever, pumped all up and down the street by JP Morgan who then downgraded it after they had the sheep in the barn. It may actually turn out to be a decent business but the Chinese can piss down their backs at will by producing the same thing for a whole lot less. That is why their California mine was closed in the first place. This whole thing happened once already.