Greedy Pigs Get Slaughtered
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
GRDO is done to me because the stock has too many flippers and scalpers in it now.
Since people are buying GRDO in the triple 0's, it is very unlikely that it will ever go above .01 because of the constant selling of those millions of shares.
good post
Looks like the old FSMH is back.
holy cow, the whole AS was traded times 3
Looks like someone got pissed they couldn't sell at .007. The amount of money you get from selling this low is pathetic, so why sell?
This is nice. GRDO is the only green stock on my portfolio for today.
Hey man, its been awhile. Just keeping busy outside of the stock market. I've just been checking in and out of this crazy market. How are you doing?
What happened here
AIG coming back, especially since the government gave those bastards $150 billion more of our tax money.
Thats a good indicator that the market will be green tomorrow.
Chinese stocks on watch for tomorrow. Markets should be up world wide tomorrow. Asian markets gain after China unveils $586 billion stimulus package; Nikkei up over 5 pct
HONG KONG (AP) -- Asian stock markets logged strong gains Monday, cheered by China unveiling a $586 billion stimulus plan over the weekend to counter the effects of a global slowdown on its booming economy.
Tokyo's Nikkei 225 stock average surged 470.90 points, or 5.5 percent, to close the morning session at 9,053.90, buoyed by the news from China and a weakening yen. Hong Kong's Hang Seng Index gained 386.33 points, or 2.7 percent, to 14,629.76, though traded well off its highs.
In mainland China, where shares have been beaten down in recent weeks, the benchmark Shanghai Composite Index soared 5.7 percent by midmorning to 1,846.97. Markets in Australia, Singapore and South Korea joined the region's advance.
China announced Sunday a massive stimulus package in hopes of keeping economic growth from falling too fast. Demand from the U.S. and the country's other vital export markets has been waning as the global financial crisis takes an economic toll.
China's economic growth slowed to 9 percent in the third quarter, the lowest level in five years and a sharp decline from 11.9 percent the year before-- perilously low for a government that needs to create jobs for millions of new workers and for other Asian countries that have come to depend heavily on Chinese demand.
"The global economy is in trouble and Chinese authorities understand that they can't wait anymore ... They're aware that exports next year will be terrible given the weakening economies in the U.S. and Europe," said Winson Fong, a Hong Kong-based managing director at SG Asset Management, which oversees about $3 billion in equities in Asia.
"This has been overdue," he said. "Investors in mainland China have been waiting for a complete rescue package since the beginning of the year."
China's announcement came as economic officials from 20 leading nations called Sunday for increased government spending to boost the troubled global economy.
At a meeting in Brazil, finance ministers and central bank presidents from the Group of 20, which includes major wealthy and developing nations, also said emerging economies deserve a prominent role in talks to overhaul the world financial system.
The markets got an added boost from Wall Street, where the major indexes jumped more than 2 percent on Friday. The Dow Jones industrial average rose 248.02, or 2.85 percent, to 8,943.81 in light trading.
U.S. stock index futures were up, suggesting New York trading would open higher. Dow futures were up 128 points, or 1.5 percent, to 9,126.
Oil prices rose in tandem with the region's markets, with a barrel of light, sweet crude for December delivery gaining $2.88 to $63.92 in Asian trade. The contract settled at $61.04, up 27 cents, in Friday trade on the New York Mercantile Exchange.
In currencies, the dollar strengthened to 98.89 yen, up from 98.21 late Friday in New York.
AP reporters Elaine Kurtenbach in Shanghai and Shino Yuasa in Tokyo contributed to this report.
Nice Doji on the chart, but it really depends on the overall market. If the market is red, I think it'll drag AIG down. I would watch it.
Need to break that .011 resistance, then we can see a nice run.
Well, not at the moment. I have to run some stock scans when I get some time.
I will try to resurrect this board.
Looking good!
I guess your right, my scottrade streamer is off on my other penny stocks. The ihub quotes are reading .0002 X .05
ask is at .05
market gonna open red
Obama won, market should be up right? Imo, I am a bit leery about how Obama will affect the business world. Higher corporate taxes and higher capital gain taxes could hurt us traders. On top of that, higher taxes for us who make $50,000 plus. I think it will affect incomes of $50,000+ because it went from $250,000 to $200,000 to $150,000, to $100,000, to my guess of $50,000.
I posted this earlier today at 11:45am, I had to revise because of errors.
is this going to be the "Polish Missile Crisis"? Will Obama's presidency be like Kennedy's?
Medvedev: Russia to deploy missiles near Poland
Russian President Dmitry Medvedev speaks during his annual state of the nation AP – Russian President Dmitry Medvedev speaks during his annual state of the nation speech in Moscow, Russia, …
MOSCOW – Russia will deploy missiles near NATO member Poland in response to U.S. missile defense plans, President Dmitry Medvedev said Wednesday in his first state of the nation speech.
Medvedev also singled out the United States for criticism, casting Russia's war with Georgia in August and the global financial turmoil as consequences of aggressive, selfish U.S. policies.
He said he hoped the next U.S. administration would act to improve relations. In a separate telegram, he congratulated Barack Obama on his election victory and said he was hoping for "constructive dialogue" with the incoming U.S. president.
Medvedev also proposed increasing the Russian presidential term to six years from the current four, a major constitutional change that would further increase the power of the head of state and could deepen Western concern over democracy in Russia.
The president said the Iskander missiles will be deployed to Russia's Kaliningrad region, which lies between Poland and the ex-Soviet republic of Lithuania on the Baltic Sea, but did not say how many would be used. Equipment to electronically hamper the operation of prospective U.S. missile defense facilities in Poland and the Czech Republic will be deployed, he said.
He did not say whether the short-range Iskander missiles would be fitted with nuclear warheads and it was not clear exactly when the missiles would be deployed.
"Mechanisms must be created to block mistaken, egoistical and sometimes simply dangerous decisions of certain members of the international community," he said shortly after starting the 85-minute speech, making it clear he was referring to the United States.
The president said Georgia sparked the August war on its territory with what he called "barbaric aggression" against Russian-backed South Ossetia. The conflict "was, among other things, the result of the arrogant course of the American administration, which did not tolerate criticism and preferred unilateral decisions."
Medvedev also painted Russia as a country threatened by growing Western military might.
"From what we have seen in recent years, the creation of a missile defense system, the encirclement of Russia with military bases, the relentless expansion of NATO, we have gotten the clear impression that they are testing our strength," Medvedev said.
He announced deployment of the short-range missiles as a military response to U.S. plans to deploy missile-defense facilities in Poland and the Czech Republic — former Soviet satellites that are now NATO members.
Speaking just hours after Obama was declared the victor in the U.S. presidential election, Medvedev said he hoped the incoming administration will take steps to improve badly damaged U.S. ties with Russia. He suggested it is up to the U.S. — not the Kremlin — to seek to improve relations.
"I stress that we have no problem with the American people, no inborn anti-Americanism. And we hope that our partners, the U.S. administration, will make a choice in favor of full-fledged relations with Russia," Medvedev said.
Tension in Russian-American relations has been driven to a post-Cold War high by Moscow's war with U.S. ally Georgia.
On the financial crisis, Medvedev said overconfidence in American dominance after the collapse of the Soviet Union "led the U.S. authorities to major mistakes in the economic sphere." The administration ignored warnings and harmed itself and others by "blowing up a money bubble to stimulate its own growth," he said.
Medvedev said the president's tenure should be lengthened to six years to enable the government to more effectively implement reforms. He said the term of the parliament also should be extended by a year to five years, and that parliament's power must be increased by requiring the Cabinet to report to lawmakers regularly.
The proposals were Medvedev's first major initiative to amend the constitution since he was elected in March to succeed his longtime mentor Vladimir Putin.
Putin, who is now prime minister and has not ruled out a return to the Kremlin in the future, has favored increasing the presidential term.
Gonna be an interesting day tomorrow, Post-Election trading.
The last trade looks like someone got impatient.
very nice!
LVLT strong
What does the L2 look like? Anyone have a link to a free pinksheet L2. I am not subscribed to a pinksheet L2 yet.
AIG, SOLR, RZ, GRDO weeeeeeeee!!! Too Easy!
I wanted to mention SOLR sooner, but was caught up trading.
My AIG, RZ, and GRDO all doing very good today!!
Just heard from a friend that scottrade placed a restriction on buying.
RZ moving nicely
Morning Ihubbers. I have a feeling today may be a good day.
good point!
I like low floaters.
Only 1 million traded, which is nothing. Now we are up to .01, hmmmm. Lets see if we can go higher.
I betcha GRDO is volatile up to .02, .02 is where it started its first day.
Lots of eyes watching GRDO.
Here is a "Fat" stock to watch GRDO. Very volatile, up 500% so far.