Boiler Room: The Official Stock Market Discussion

Donald J Trump

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RIBT :ohlawd:

Im now according to scottrade a daytime trader...but i dont have 25K

so if i sell off all my RIBT stock, which is not above that mark, will i be able to buy another stock before the 90 days...this sucks
 
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YaBishh

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If yall trying to join in on the litecoins, there this site where you click a button every hour and get some coins. Lets start a referral train...http://ltc4you.com/?r=9792

its easier than mining bitcoins right now and litecoins are jumping quick.
 

MewTwo

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I'm not quite fond of the stock market and the insurmountable stress associated with it as seen here:



Due to my limited understanding of finance/economics my plan may seem ridiculous/stupid/unrealistic so bear with me.

Ultimately I want to buy an equity stake in small/local companies (i.e.: small hotels, restaurants, night clubs, etc.) and be paid dividends and/or charge the companies some sort of admin fee. If any of the businesses are failing I can (or someone I hire) advise them on how to turn the company back to profitability. Basically I would live off the dividends and do very little work.

Is my plan remotely realistic?

This plan sounds more appealing to me than frantically researching stock market as I would have more of a personal relationship with the CEOs, and I would be privy to his/her company's inner workings. I was always under the impression that most companies don't even pay dividends and if they do then it's minuscule (and not enough for a 'fulltime' income). Local companies tend to be small and private (don't trade on the stock market) so I'm assuming buying their stocks would be a little more difficult.
 

Bernie Madoff

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hey Bernie what's up with QVT selling their achn shares. They got fukked on it but they sold a bunch of lots
Before the hold, ACHN was determined to compete with the high price big guys (gild,abbv) RA actually wanted ACHN to focus on producing a cheaper priced Hep C treatment but the new CEO was against it. Now RA pretty much owns the company, QVT obviously didn't trust the vision RA capital has.. ACHN is a very safe stock to be in.
 
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Creeper

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I'm thinking of jumping in Chegg (CHGG). More and more students are starting to use it and could change the whole textbook industry. Any thoughts on it?
 
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