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GERN on a roll!!!!!!!!!!!!!
Fidelity is worth considering in my opinion.
I have had a brokerage account with Fidelity for over 10 years and have always felt that they were first class in all regards except commissions. They give fills in liquid stocks that are confirmed almost as soon as you click to send the order. I have never been unable to short whatever I want, but I usually only trade high volume, extremely liquid stocks, so that may not always be the case with some lower volume or highly shorted issues. Any time I have had a problem with an execution or whatever, it has always been handled very quickly and professionally in a manner which satisfied me, and the truth is I have had no reason to call them for years. When the market gets wild and volume gets heavy, their web site hardly flinches. When others here at IHub are frantically trying to place or cancel an order or receive a confirmation, Fidelity just keeps rolling along like any other day. They have a free trading platform for active traders, called Fidelity Active Trader Pro, that gives me everything that I need to trade the way I do, including streaming quotes, realtime balances, and a lot of other bells and whistles. Of course, you have to qualify for the priveledge to use the platform. To qualify, you need $30000 in your account, and you have to make at least 120 trades on a rolling 12 month basis. Recently they have made great strides in becoming more competitive with other brokers in the area of costs. The gold level commission schedule which applies to active traders who meet the above criteria has come down to the point that it now stands at $8 for any number of shares with no additional costs for limit or stop orders. Sixteen dollars per round trip regardless of the number of shares. I had an account with Etrade a few years ago and I couldn't wait to get back to Fidelity. Under today's circumstances, and considering what and how I trade, I wouldn't consider anybody else.
GERN only down 50 cents now instead of a dollar....
Looking back over your posts, I see a reference to "some conferences" with regard to Geron. Can I bother you to give the date(s) of other conferences on the schedule? TIA and thanks for a steady stream of useful info on the sector.
Well, GERN has been my largest single long holding for quite some time, from prices both higher and lower than where we stand now. It'll be ok with me if we see some fireworks and make some bucks next week. Good luck to us both.
Mainhiker -- no doubt in my mind that you already know that GERN will present at this conference next week. Do you have any feel for the significance or substance of any new material to be presented, and how the price of the stock may react?
http://biz.yahoo.com/bw/040220/205125_2.html
TASR moving down fast....
Seven point range on the NASDAQ after an hour ...
On Monday, Olympus lowered its full-year profit forecast by 5.7 percent because of the strong yen and weaker-than-expected digital camera sales, although it posted an operating profit of about $144 million for the three months to December.
Olympus is the world's third-biggest digital camera brand after Sony Corp (Tokyo:6758.T - News) and Canon Inc (Tokyo:7751.T - News).
Sony was down 0.94 percent at 4,200 yen and Canon fell 2.25 percent to 5,220 yen.
Smaller rival Casio Computer Co (Tokyo:6952.T - News) dropped 5.03 percent to 1,094 yen. Sanyo Electric Co (Tokyo:6764.T - News), which supplies digital cameras to Olympus under an original equipment manufacturer (OEM) deal, skidded 4.11 percent to 537 yen.
Fuji Photo Film Co (Tokyo:4901.T - News), which on Friday cut its full-year profit outlook partly due to a lower digital camera sales forecast, extended falls into a second session and lost 0.89 percent to 3,340 yen by mid-session. It lost 6.13 percent on Monday.
http://biz.yahoo.com/rf/040202/markets_japan_stocks_11.html
Looks like TASR bid at $155 ... Now $157
MSFT at LOD...
Hi Bull ... A question ...
I am trying to understand the dynamics behind how QQQ is priced. It seems to trade based on supply and demand, like any ordinary stock. The 100 individual stocks in the Nasdaq 100 also react to supply and demand. What keeps the two (the QQQ and the Nasdaq 100 as a group) from going in two different directions? How can the QQQ be joined at the hip with the prices of the 100 individual stocks and still react to supply and demand for the QQQ itself? Can you point me toward a source that can explain exactly how this all works? Thanks.
Tarheel, It depends on what kind of data you want and what you need to do with it. TC2000 is an excellect source for EOD data for what I consider a reasonable $30 per month. They also have streaming data for much more money, which I don't take. They have all the usual indicators and a few proprietary ones, and the software has extremely powerful sorting and scanning capabilities which can be customized to fit your purposes. You cannot enter data manually or any other way except with a download, but I don't know why one would want to. Unless you know Visual basic or C++ to make use of their developer's kit, backtesting is not possible. You can update the data with about a 20 minute delay at any time as often as you like. The Worden brothers give their take on a handful of stocks and the market in general each day. Like anybody else, they are right sometimes, and not sometimes. Overall, for $30, I think it is an excellent buy. My only affiliation with them is as a satisfied customer. Sorry for the long post, I haven't paid, so I cannot send a private reply.
This is what Don Worden had to say, cut and pasted....
Worden
SNDK 01/22/2004 04:44 PM
It took a while, but that rally finally failed. MoneyStream, TSV and BOP are all very bearish. There's no obvious support much above 30, which would imply that it could be cut in half. Could happen, but you don't need anything like that to glean a good, profitable spin on the short side. -DW
I use ^HSI which shows the index to be down less than two tenths of a percent. I wonder why the ETF and the index show such a discrepancy?
What is your source for Hang Seng down 3 percent?
It seems to me that anything that isn't a sure thing is a gamble. How often do we find a "sure thing" in the market?
Same here ... Very Long GERN ... hope we don't have to wait too long for follow thru ...
Hiker, are you aware of the reason behind the way GERN traded yesterday? I can't find any news.
Nice trade....
Nice pickup in volume around 10:10....
GERN might pop...
I heard this morning on TV a headline stating that the SEC would vote today on proposed new rules to address the scandals in the mutual fund industry. I cannot find anything on the net to provide any details about this story. Can anybody direct me to a site that covers the story in depth? TIA
Where's Softechie......
If you would be so kind as to save me the trouble of doing the work myself, what are the numbers behind this statement? If the Naz is up 25 points by 10 am 100 times, how many times of that 100 will it continue on up and be up 50 points at some time during that day, based on historical data?
BKHM might be ready to move...
GERN taking off....
fr --- here's one you seem to have missed.....
http://www.rense.com/general46/moniot.htm
You guys have probably already seen this, but try doing a google search for "miserable failure", and check out the first result.
Look at IVAN go........
Pardon my ignorance, but what does "SSF" stand for?
Hey people. What vehicle is available that gives one the capability to in effect short the QQQ in an IRA that doesn't involve the use of a mutual fund? Is there anything out there like that? I expect that the mutual fund industry may soon be required to apply a short term redemption fee to all rapid trades, and I am looking for a backup plan for when this occurs. Thanks in advance for any info.
What's up with SCON this morning?
SCON moving up nicely.
That looks like a nice trade.
Sold STXN for 3.73 -- 5 percent profit in 2 trading days.
In STXN at 3.55
STXN -- Anybody know any good reason to not buy STXN at current prices for a trade expected to last less than a week?
There are many reasons for insider selling.
Perhaps one influence recently is that for the last 2 or 3 years, insiders have had no good opportunity to get a good or even fair price for many of their shares. Now that prices are better, there is a sort of "pent-up demand" to sell. So we are seeing a lot of selling relative to the last couple of years.