Boiler Room: The Official Stock Market Discussion

[Ohene]

I want to short JRJC as my first short....

I think I may be getting better as a trader @Domingo Halliburton @GoogleMe @Bernie Madoff


Im on stockcharts.com looking up potential plays for next week and I come across JRJC...now I may be wrong but...

I was looking at the 5 and 20 day MA http://stockcharts.com/h-sc/ui

it seems like consistently for the past 5 months when the 5 day MA moves towards the 20 day MA, it bounces up...so Im thinking it will do the same again in maybe a week....


which means right now I want to short it...can you guys CHECK FOR YOURSELF & tell me if Im wrong in my thinking process or na?


Never shorted before either so how does that usually work for you guys

looks like a great short opportunity based on the fact that its gone up so much without any good earnings reports. Doesn't make sense...you might wanna read them past research reports if accessible/news to see why its gone up so much in the first place.

its relatively cheap compared to book value but doesnt make sense

 

[same damn lo sweater]

oh man. this shyt's gonna ruin my life. i'll stick with sports betting

 

[Donald J Trump]

looks like a great short opportunity based on the fact that its gone up so much without any good earnings reports. Doesn't make sense...you might wanna read them past research reports if accessible/news to see why its gone up so much in the first place.

its relatively cheap compared to book value but doesnt make sense

So you DO think my thesis is correct

Im learning

oh man. this shyt's gonna ruin my life. i'll stick with sports betting

why you say that bra...

 

[Bernie Madoff]

I want to short JRJC as my first short....

I think I may be getting better as a trader @Domingo Halliburton @GoogleMe @Bernie Madoff


Im on stockcharts.com looking up potential plays for next week and I come across JRJC...now I may be wrong but...

I was looking at the 5 and 20 day MA http://stockcharts.com/h-sc/ui

it seems like consistently for the past 5 months when the 5 day MA moves towards the 20 day MA, it bounces up...so Im thinking it will do the same again in maybe a week....


which means right now I want to short it...can you guys CHECK FOR YOURSELF & tell me if Im wrong in my thinking process or na?


Never shorted before either so how does that usually work for you guys

Make sure you're famillar with how to set up stops to protect you from rapid loss. Also read up on options strategy, you'll get burned in the long run if you just simply buy puts/calls without knowing strategies on how to hedge positions.

 

[Leasy]

I know it is too early but what shares are you guys looking into for the new year.

WWE
Sony
Microsoft/Nokia
Infosys
Are some of my must buys for 2014.

 

[Donald J Trump]

Make sure you're famillar with how to set up stops to protect you from rapid loss. Also read up on options strategy, you'll get burned in the long run if you just simply buy puts/calls without knowing strategies on how to hedge positions.

I know nothing about options bra, I was only talking about buying or shorting....still trying to get all the basics of buying and selling stock before I get into advanced stuff.

 

[Donald J Trump]

DVAX looks like it might bounce off the 20 day MA real soon too..its at 1.95 right now
ACHN looks good too, watching NQ too

 

[Leasy]

DVAX looks like it might bounce off the 20 day MA real soon too..its at 1.95 right now
ACHN looks good too, watching NQ too

DVAX might up when they present at the J.P Morgan help conference this week.

ACHN will jump crazy if the FDA stop Bsing their hepatitis drug and take it off hold.

 

[Leasy]

Good job Wendy's now go higher.

 

[Donald J Trump]

JRJC dropped 47 cents so far my idea was right

 

[7oclock]

I know it is too early but what shares are you guys looking into for the new year.

WWE
Sony
Microsoft/Nokia
Infosys
Are some of my must buys for 2014.

I'm long SNE as well

 

[Scientific Playa]

macro news

BMW Sets Sales Record, Tops German Luxury Rivals - ABC News
abcnews.go.com › Money

Airbus claims to have overtaken rival Boeing after record sales in 2013

Airbus beats Boeing with record sales

 

[Ohene]

if lululemon had any sense they would acquire Bauer ...Under Armour should do so as well.

these investment bankers need to wake up and make it happen. been saying this since july lol

 

[dax]

why does it keep saying i may not purchase stocks until it's open?

 

[Domingo Halliburton]

why does it keep saying i may not purchase stocks until it's open?

on the coli or your online broker?