Boiler Room: The Official Stock Market Discussion

Perfectson

Perfectson

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Big Jo said:
I'm not in MCIG anymore. Sold it a long time ago. Was jumping in and out. Lost money most times I traded it. It was nearly $1 at one point



Short answer is no, probably not a good long term hold. The CEO was shady from what I remember. Lots of fluff PR. Not sure if he's still with the company. This is a good flipper stock, it will go on runs like this and you can potentially make nice money swing trading. But you can lose money on it too. I'm not that good at reading charts, but technical plays are probably you're best bet here. Be cautious
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Damn, I was in and out also ...but I got in and stayed in the teens and averaged down.

I think they are becoming more legitimate but also have some fluffy prs but the revenue and profit is there. I think they will hit close to $1 again
 
Macallik86

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Macallik86 said:
I mentioned it before, but a trading website I use is having stock picking contests. They have yearly/quarterly/monthly competitions, so with the new year around the corner, the deadline to enter a handful of the contests is coming up next week. The contests have spreadsheets to track everyone's returns and stuff. Usually a fun time and good bragging rights. I say do some due diligence over the weekend and throw your picks out there.

Here is the link. Hope to see some of y'all stock-heads in the competition.
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Here is the stat sheet for the people who participated in 2017 contests. Some pretty dope Google spreadsheets:

Final 2017 Stockaholics Members Stock Picking & Market Poll Voting Scorecard!
 
Skooby

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Macallik86 said:
Looking forward to maxing out my Roth IRA tomorrow.

Hope everyone does well in the markets in 2018.
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So you do the entire $5,500 up front?

I contribute $550 a month for the first 10 months to max out my Roth. Who do you have yours with?
 
Macallik86

Macallik86

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Skooby said:
So you do the entire $5,500 up front?

I contribute $550 a month for the first 10 months to max out my Roth. Who do you have yours with?
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I save up about 1/3 of my paycheck monthly and stick it in a mutual fund. Then, when the new year starts I roll the max allowed from my regular investment account to my IRA account. Rinse and repeat yearly.

Currently my IRA is with e*trade (formerly with OptionHouse). Because I trade options primarily, I am thinking about moving it to tastytrade. Their commission structure is :banderas:
 
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mson

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Anyone thought of buying weed sticks?

Macallik86 said:
I save up about 1/3 of my paycheck monthly and stick it in a mutual fund. Then, when the new year starts I roll the max allowed from my regular investment account to my IRA account. Rinse and repeat yearly.

Currently my IRA is with e*trade (formerly with OptionHouse). Because I trade options primarily, I am thinking about moving it to tastytrade. Their commission structure is :banderas:
Click to expand...


I also had/have optionhouse now etrade. I'm thinking about switching to Robinhood. Are you satisfied with etrade?
 
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Domingo Halliburton

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Futuristic Eskimo said:
Got the note?
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Their basic argument is that the new tax bill will allow apple to bring back a lot of cash they have parked overseas.

Here's part of it:

Ranked potential Apple M&A targets.

5a39490b4aa6b5b51a8b5bbf-750-541.png
 
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