Boiler Room: The Official Stock Market Discussion

[5StarElite]

Plenty of sites you can trade on. Look around for the cheapest options for what you want to trade. Certain places are better for options vs stocks. If you're new, just keep it easy with Etrade.com or Scottstrade.com . TDAmeritrade has a great platform as well. Just look for one with low cost stock brokering.

By low cost stock brokering, do you mean penny stocks or the mandatory minimum needed to hold onto an account? I see ETrade is only 500.00

 

[ill]

By low cost stock brokering, do you mean the mandatory minimum needed to hold onto an account? I see ETrade is only 500.00

No, I mean the amount they charge you per transaction. Scottstrade is like $6 per trade ($6 when you buy, $6 when you sell). Etrade is around $10 per trade.

 

[5StarElite]

No, I mean the amount they charge you per transaction. Scottstrade is like $6 per trade ($6 when you buy, $6 when you sell). Etrade is around $10 per trade.

Thanks for your help. I opened up an account on Scottstrade. Did you ever use their simulator? I'm on it but it doesn't seem like it allows me to search for preferred stocks. I must not be looking at it correctly.

 

[ill]

Thanks for your help. I opened up an account on Scottstrade. Did you ever use their simulator? I'm on it but it doesn't seem like it allows me to search for preferred stocks. I must not be looking at it correctly.

I use Etrade and Fidelity. Haven't ever used Scottstrade so I don't know much about it. Check out their FAQ's.

 

[Domingo Halliburton]

fukking aapl I'm dumping this stock tomorrow. Got back in it around 396 so I can't be mad

 

[GoogleMe]

Apple iPhone sales 33.8M vs 32.8M estimate; iPads 14.1M vs. 14.3M estimate.; Macs 4.6M vs. 4.3M estimate

 

[Domingo Halliburton]

Apple iPhone sales 33.8M vs 32.8M estimate; iPads 14.1M vs. 14.3M estimate.; Macs 4.6M vs. 4.3M estimate

I like how they beat all their targets yet wall street still hates

 

[Bernie Madoff]

Achn at 2.42? Buy buy buy buy

800k block bought @2.61 ah.. Lets fukking get it!

 

[Domingo Halliburton]

800k block bought @2.61 ah.. Lets fukking get it!

what's up with all these lawsuits against the company?

 

[Bernie Madoff]

what's up with all these lawsuits against the company?

Those are because the stock dropped on sept 30 because of the FDA. Those firms are "ambulance chasers" and basically they just keep resubmitting the same press releases. If you google the firms involved, you will see that's all that they do, and they hardly win if ever. Those press releases are enough to chase away retail investors, meanwhile big money just keeps picking up millions of shares.
Nov 4 they report earnings, they are going to drop some bombshell news regarding one of their drugs, watch!
They been so cool for the last month they haven't even bothered releasing anything to spin the situation as the stock kept hitting new lows.

 

[Bernie Madoff]

They cancelled the trade
Achn is still going pop 4 soon..

 

[Mr. Somebody]

Achn at 2.42? Buy buy buy buy

Friend, their stock has only peaked around 10-12 dollars a share in the last year. What are you really expecting from them. They're finished. You gonna wait another 6 years for it to go back up to 10? o, ok, friend.

 

[Bernie Madoff]

^ take ya ass back to the booth. Grown folks talking in here.

 

[aliG]

you guys im done following BBRY. there is no fun in it ...

 

[GoogleMe]

They cancelled the trade
Achn is still going pop 4 soon..

On technicals, ACHN needs to hold 2.40 for mere speculation, and 3.00 (+ catalyst) for any type of swing trade.




ICYMI this 8-K from the 10th is not a friendly one.
http://www.sec.gov/Archives/edgar/data/1070336/000119312513396750/d609097d8k.htm

The complaint generally alleges that the Company and certain of its current and former officers violated Sections 10(b) and/or 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by making allegedly false and/or misleading statements, as well as failing to disclose allegedly material facts relating to sovaprevir, the Company’s clinical-stage drug candidate for the treatment of chronic hepatitis C viral infection, particularly that sovaprevir did not interact well with other drugs commonly administered to treat hepatitis and/or HIV and posed a health risk to patients.

Here's the actual Class-Action complaint filed in the U.S. District Court of Connecticut
http://securities.stanford.edu/1051/ACHN00_01/2013108_f01c_13CV01479.pdf

Transparency is key. In order to build credibility you need to be thorough with the details and implications of such events. Profits and percentages are all dandy, but risk is all that matters.