Originally posted by 1carcrazyguy
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DFWMustangs stock market game 4 starts 3/25/2014
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Got in at 11.30 and sold at 13.50. I wish I would have bought more but I will take a little profit and go on.
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Looks like the IPO price is $9. I bet it goes up to about 14-15 in the first couple of days.
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Thought about taking a small position to flip quick if it goes up the first couple of days.
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I think the current sell off is just another gamble that the Fed is going to raise rates. I think we'll go right back down to 1870 where we were back in September and October and possibly a little lower.
It worked out really well for me last time because I took the opportunity to sell long term put options on two stocks that I would like to own. They were Jan 18 JNJ at $75 and Jan 17 BRK.B at $115. My strategy is to never sell a put that I wouldn't execute today. When the market came back up I bought all the contracts back and made $3,400.
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Originally posted by slow99 View PostNo, but posting shit like this is:
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Originally posted by Strychnine View PostDid you say sports... investing?
As in betting? But you think it's an investment?
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Originally posted by QIK46 View PostWait till its at 50 lol. Sports investing is where its at. If you can get on the right games.
As in betting? But you think it's an investment?
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Anyone buying anything during this pull back? Bought some JCP today. Hope it treats me as good as the last time I bought it!
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SDLP and EXXI are up 12% and 22% today but I'm not seeing any positive news about either of them.
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