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Yeah, he is trying to prove a point. Ned Davis said it right, "Do you want to be right, or make money?" He obviously was an astute investor at one time, but i would not invest a penny with him if given the opportunity.
Boiler Room: The Official Stock Market Discussion
Yeah, he is trying to prove a point. Ned Davis said it right, "Do you want to be right, or make money?" He obviously was an astute investor at one time, but i would not invest a penny with him if given the opportunity.
ill
Superstar
Ackman let his emotions get in the way. Big no-no. I think he will eventually be right on Herbalife though. Lots of shady stuff going on in South America.
5StarElite
All Star
@Hiphoplives4eva
I saw that CAMT tanked later on in the day, did you get out before it got bloody? I've read up on buying put options and how you can turn a profit based on the stock tanking if you're able to sell it. Did you buy one of those?
I saw that CAMT tanked later on in the day, did you get out before it got bloody? I've read up on buying put options and how you can turn a profit based on the stock tanking if you're able to sell it. Did you buy one of those?
I recently almost dumped some serious money into RENN. They moved back their earnings a few weeks and there were strong rumors of a buyout from BIDU or another major Chinese company that isn't managed by complete buffoons like RENN. Thankfully I didn't. Earnings were worse than expected, which is saying something. Closed at $3.35 and after market trading had it dropping below $3.
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Not all stocks are optionable. To have options on their stock, companies must meet several criteria. CAMT doesn't have options.
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I put a stop limit sale at 4.30. It crossed that yesterday morning. I came away with a slight loss, like $200. I should have sold when it went up the day before. I do like the company though, so i may renter if it starts to move upwards again
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Retailers are catching bid in pre-market
ZOOM
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Hope no one is still holding CAMT. Couldn't locate shares to short
ill
Superstar
@Bernie Madoff 
ACHN at 3.46 right now.
ACHN at 3.46 right now.
Bernie Madoff
Banned
Achn rolling on..
Bernie Madoff
Banned
Yeah buddy@Bernie Madoff
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omg damn near mad AF at how ZOOM unfolded, finna just keep researching this weekend and hope I hear some more good ones...missed out on 3 already
positive side I went to the scottrade office this morning and Im all set up
positive side I went to the scottrade office this morning and Im all set up