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This might qualify as one of the goofiest things, but it's coming out of my mouth, so what the hey.
I'm beginning to think L2 is for suckers. If you hold a gazillion shares of something and run the risk of creating your own market, then I can see the value in seeing the number of bids and asks around you as you create massive selling and/or buying pressure.
But, for the average investors, which I think in reality is more than 99% of ihubbers despite their bravado, tracking L2 non-stop and especially paying for the service is a waste of time and money.
Your standard ticker showing current bid and ask and tick tracker tells you everything you need to know. Why add to your overhead when you're trying to make money?
I think I'll keep a tally of the goofiest things I read on ihub.
Today, somebody was scolding someone for trying to sell at the ask stating that it was next to impossible and you'll get stuck as other people undercut you. This was during normal trading patterns and not during some big sell off on bad news or whatever.
It's no wonder so many lose money on the pinks. They're idiots.
Well, I hit another one: SSPT. Too bad I forgot to officially put it on this board. Oh, well, it's still a win in the real game.
Bought in the .0015 area, hit the .007s (up 1000% in minutes) and no one even knows why yet.
I have no idea what the Cavs were doing outside of just looking like they were waiting for Lebron to do something. And then he wouldn't or couldn't and they looked completely lost. I still think he's got to shoot 50 times a game in that kind of situation if he has to and just see what happens. Anything would have been better than just getting whipped and doing nothing.
It's still killing me that people don't get up on Rajon Rondo and I think that's why the Celtics are mowing down these teams. Maybe he's so quick that he'll beat everyone off the dribble every single time, but when teams sag off him and give him his outside shot, it allows him to just pick them apart with the pass.
Then you throw in the pick and rolls that nobody seems able to guard against and it's no wonder the Cavs and Magic look like amateurs. In the Magic/Celtics series it's almost like Nelson is guarding Pierce on every possession thanks to a switch on a pick. I just don't understand how that keeps happening.
It's funny that you brought up the pick and roll. Not a single player on the Cavs remembered how to run the pick and roll. I thought it was comical. The most basic play in the history of basketball was completely lost on them. Makes you wonder sometimes.
That's an interesting idea--James being the coach. He probably has the ego to think that's the best solution.
Obviously, if you're the Cavs management, you know that you might not be able to keep James if you keep the same coach, so you had to fire Brown.
That's the first bargaining chip. This allows James basically to name his guy and that means you get to keep him in town. And maybe he'll play a little harder in the playoffs since it will be on him.
If the Cavs were off the table, I think it would be Chicago. I don't really buy the argument for endorsement deals, etc. I think that's kind of New York propaganda. But, what else are they going to say when their team sucks so bad. Besides, playing in Chicago certainly didn't hurt Jordan's endorsements. If you have talent and charisma they'll find you--then again James' charisma isn't the best.
After this year's let down, James will definitely want to go to a team that can win and that in no way is the Knicks or Nets. It might not even be Chicago. If he really wanted to have fun, he should sign for the $4 million exception (if that things still around) and play for the Lakers. He could take Artest's spot and the whole league would become a joke as they go 80-2.
As for the Cavs in general, I think they are lacking a shooting guard with size. In the Celtics series, if James and Pierce basically match each other and so do the other positions for the most part, but Mo Williams cannot guard big players and it kills them in switches as well. The Magic are having the same problems with the undersized Nelson. It also doesn't help when O'Neal won't come out on pick and rolls. That's been known for a few years.
They also should've played Hickson more.
Maybe he can be the new Head Coach as well.
Seriously though if he leaves it'll be to go to NY. Chicago is a perfect fit for him to immediately win a championship but the shadow of Jordan may be too big to overcome. Going to New York should have great appeal for him for life after basketball, he would be an endorsement superstar even after his career is over if he can bring them one title.
I think you're right though he will stay will the Cavs. The only obstacle that they have is that they will have essentially the same team. Unless they can work out a few trades. I don't even know if they have the talent to even bring in an impact player. Jamison doesn't play big enough to be a difference maker on that team and he also has a somewhat prohibitive contract.
LeBron James' new contract will be with: The Cleveland Cavaliers.
NBA Draft Predictions:
1. Washington -- Wall
2. Philadelphia -- Turner
3. New Jersey -- Cousins
4. Minnesota -- Favors
5. Sacramento -- W. Johnson
6. Golden State -- Udoh
7. Detroit -- Aminu
8. LA Clippers -- Davis
9. Utah -- Aldrich
10. Indiana -- Hayward
11. New Orleans -- Whiteside
12. Memphis -- Monroe
13. Toronto -- Patterson
14. Houston -- Montejunas
Current Prediction Status:
3 and 8 (considering that each NFL draft pick was a separate prediction and that the Cavs over Mavs was actually two predictions).
And the top three NFL draft picks were pretty much a no brainer, so it could be argued that nothing has been predicted right so far.
There are still these predictions in play:
PCat Doll woman will win the Dancing with the Stars
TSNP will run by 6/30
CYSG will run as well
Bradford won't start 30 games in his NFL career (have to wait a while on that one).
NFL Draft Predictions (first 7 picks):
Rams: Bradford (QB)
Lions: Suh (DT)
Bucs: McCoy (DT)
Redskins: Okung (OT)
Chiefs: Bulaga (OT)
Seahawks: Dan Williams (DT)
Browns: I think this pick will be traded down. I see them drafting Spiller (RB)
Long range prediction: Bradford won't start more than 30 NFL games in his entire career.
Some Reality Show Predictions:
Winner of Survivor: Candace
Winner of Dancing with the Stars: the P'cat Dolls chick
Winner of American Idol: Casey
Prediction I'm not even sure of: CYSG
This is admittedly no more than a hunch, maybe even a hope, but I really think CYSG is going to be a runner by 6/30/2010. And by runner, in this case, I'm talking .0025 or maybe a little more.
It's a strange one that's had a ton of convertible notes mature (which have killed me in the past), but it also looks to be a verifiable company with real products and services and maybe even a profit.
The convertibles seem to have dried up recently, but they've left a bitter aftertaste for investors. There's also always the spectre of a reverse split for a company like this, but as of now, no one is talking about such things. These caveats along with the virtual silence from the company makes it a hard one to root for, but I going to do it anyway.
I say CYSG sees its run to .0025 by 6/30/10. It currently trades around .0005/.0006.
It don't mean a thing, if it ain't got that swing: GRDO
I've been in this thing for over a year and it is fascinating to watch. This thing swings like nobody's business. It is easy to get in for something like .007 or even .006 and then just as easy to sell it at .0085 and above and those swings seem to happen on a weekly basis.
The float is maxed out at something like 650 million, but it's also a profitable company that has expressed that it has no interest in upping the A/S or diluting.
And it might just be one that eventually explodes to .05 or higher some day.
There is always the fear that the swing party is coming to a close and overall interest seems to have waned in the past few months, but there are some staunch supporters of the stock, so it just might continue it's happy swinging for a few more months.
Just don't panic if you buy at .007 and it hits .005 immediately thereafter. Wait for it and it will go back up.
Run coming by 6/30/10: TSNP
I love low floaters with nearly tapped out A/S. TSNP isn't quite to the tapped out part, but even so, it's A/S is incredibly low. This one just needs more volume and interest and it will explode to over a penny without a problem (barring dilution).
TSNP
Outstanding Shares
183,822,340 as of Feb 26, 2010
Authorized Shares
500,000,000 as of Dec 31, 2009
Float(shares)
115,937,745 as of Mar 15, 2010
NBA Prediction: Cavs over Mavs in finals.
Welcome to Earthrhino's Speculation Place.
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