Official Short-term Investments Thread

[riander5]

Originally posted by BavarianBeast
https://www.google.ca/webhp?sourceid...8#q=PRGN+stock

600% gain in one day?

Fack needed a heads up on this one at 9 am!!!

[bjstare]

Originally posted by BavarianBeast
https://www.google.ca/webhp?sourceid...8#q=PRGN+stock

600% gain in one day?

Pump and dump, no?

Look at the volume... Vol / Avg. = 24.04M/256,027.00

[ercchry]

Talk about microcap

[bjstare]

Originally posted by riander5
Got over my earnings fears in a small way and bought a bunch of amazon before the bell. Bought stock not options as the contracts i was looking at exposed me to more potential loss than i was comfortable with (ie. contracts starting at 30$ US)

Should see a bit of a win in my portfolio in the morning... but the gains amzn will make will still only boost my portfolio by 3% lol

Gains are gains.

I've been holding AMZN for quite some time now (took a short break in the winter). Only disappointment is not doubling down when they took a steep dip a couple months back.

[JudasJimmy]

Sears Canada Inc SCC did good today (finally). I'm up +12% on that one. I bought 16 shares Amazon two days ago

[Vanish3d]

Originally posted by cjblair


Pump and dump, no?

Look at the volume... Vol / Avg. = 24.04M/256,027.00

damn... who cares. Throw $1000 and put a sell order at 10,000 and leave it for a couple days till it hits, or till you lose 1000.

[bjstare]

Originally posted by Vanish3d


damn... who cares. Throw $1000 and put a sell order at 10,000 and leave it for a couple days till it hits, or till you lose 1000.

Hope you followed your own advice

[BavarianBeast]

Well, that was fun.. Not very hard to dump those shares when volume is 6M by 930am.

[Vanish3d]

Originally posted by cjblair


Hope you followed your own advice

i did, but this morning at $3.00 lol

I just put a sell at $10 and we'll see.

[BavarianBeast]

Should just put them up for $3.50. I think you missed the boat if you plan to hold higher than that short term.

[bjstare]

Originally posted by BavarianBeast
Should just put them up for $3.50. I think you missed the boat if you plan to hold higher than that short term.

I don't know what info you're privy to, but regardless I agree. That's the thing about pump and dumps, once they've popped up for a day or two, opportunity to make money is gone (until the next round).

If someone was actually into doing this, I'd advise them to put it on a watch list, or but a buy order in for like $0.20 and hope they catch the next run.

[Vanish3d]

No info, just pure gamble. I only put $500 so if it goes to 0.2 I won't be crying myself to sleep (like I did a few times with XBI lol)

[BavarianBeast]

It's not really a pump and dump. Pump and dumps from my experience don't exactly have a product or a service. They are just hyped up with marketing and nothing ever comes of it. This one is different. It's risky as fuck, but I'd think there is some potential upside in holding until Sept 30 if you can get in once the water stops boiling.

[SilverRex]

dollar index has just touched off the bottom of a sharp declining wedge channel. I expect a bounce soon.

IBB slightly breaking below 270 and it needs to recover today or technically it will open lower lows

biotech has not had more than 4 down days for many months without a strong rally

[bspot]

Jumped into HGD without noticing that. Sweet

[SilverRex]

while if USD starts to rally it would hurt gold, but gold is so close to 1307 which is a key area. if it has enough strength to hit it regardless of the performance of the US dollar then prepare to get whipsawed

[Vanish3d]

is there a 3x gold ETF?

[SilverRex]

Originally posted by Vanish3d
is there a 3x gold ETF?

there are 3x miners in USD NUGT and DUST

[Vanish3d]

Originally posted by SilverRex


there are 3x miners in USD NUGT and DUST

Just got in DUST at 1.41 - let's see how this plays out.

[ickyflex]

OPEC Killed the rally lol

Rose production in march and Libya wants to raise production to 2011 levels (about 1 million higher)