Wednesday, March 18, 2009

Every once in a while

I get a call right.



I put in a buy order to purchase BEXP at 1.20 which executed on 3/12.

Today, it's up 38%!


I love it when a trade comes together.


Of course, my buy order for CHK at 16.00 missed being executed by 0.13. As well as my AUY at 7.50 which missed by 0.05. Could have been an easy 10% profit trade.

ETA: Nice 2 day double! Kicking myself about CHK and AUY. Ugh.

Wednesday, March 11, 2009

Tuesday, March 10, 2009

Back from the dead?

Could they really be bringing back the uptick rule!?!?!?


Be still my trading-loving heart!

Of course, the announcement came from Barney Fwanks office. So, take it for what a hypocrite's worth.


I have some shopping to do........

Wednesday, March 4, 2009

I heart NAT

Gotta love a great CEO coming out and reassuring shareholders the 12-14% dividend is safe. Seems the 13.5% jump in price today (plus another 2% in after hours trading ) shows the shareholders like it!


http://finance.yahoo.com/news/Nordic-American-Tanker-iw-14537584.html


Herbjorn rocks! And so does this stock!

Tuesday, March 3, 2009

Don't be so smug Gibbs

Seems he took shots today at Jim Cramer for pointing out that Obama's policies and agendas are destroying the market's confidence and contributing to wealth destruction.

He actually giggled.



Wipe that smug look off your face Mr. Gibbs. It really isn't funny. There are more people who DO care about their future investments and pensions than you and your delusional elitists care to admit. Are you really THAT out of touch with reality? Does NO ONE in Washington have a 401k, pension or investments? I know DC is immune from paying taxes unlike us commonfolk.....

I must admit, I do enjoy watching liberal media members of CNBC clue in and take note of the decline. I took note too.....


FACT 1:
Oct 9, '07 DOW 14164
Nov 4, '08 DOW 9625

EQUALS LOSS OF 32% in 13 months

FACT 2:
Nov 4, '08 DOW 9625 Election day
Mar 3, '09 DOW 6726

EQUALS LOSS OF 30% in 4 months

FACT 3:
When it became apparent that Obama would win the election:
Sep 3, '08 DOW 11500
Nov 4, '08 DOW 9625 Election day

EQUALS LOSS OF 15% in 2 months

FACT 4:
Nov 4, '08 DOW 9625 Election day
Nov 5, '08 DOW 9139
Nov 6, '08 DOW 8695

EQUALS LOSS OF 10% in 2 days


That "small audience" you referred to are people who are paying VERY close attention to their own personal wealth destruction.

I'd laugh and say "I told you so" to those who voted this socialist *$%# into office, but it's not really that funny.