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Does this mean Chartinator will dump the CKNN prior to 5/12? I know he doesn't hold through earnings.
OK Professor, Teach me. This may be a dumb question, but I ain't never had me no learnin' bout this high falootin' stuff...
What is the significance of the rate cut. How does it effect the average person vs. the economy.
Thanks oh wise one...
Grafix-max
feeling really ignorant right now
INIX - Well I guess tomorrow will tell the tale of whether they met their goal and got out their audited fins by the end of the month. What are your thoughts Chart? btw, love the chat room.
g-max
INIX is feeling like a red-headed step child... where's the love today? LOL
Do you think UFPT will retrace to 9.75-9.80 area and then bounce back up?
Yeah! now we don't have to hear people harp on 'filling the gap' all day long. Where is everyone lately. Must just be lurking like me.
No prob TM...I don't mind being ignored. I just feel like the penguin in my sig. LOL
Was a good day. Up almost $300 from Friday. Hopefully we will continue to be green the rest of this week.
G-max
Good Morning Chartinator, Monkish & Tina Marie. Hope each of you had a fabulous weekend. Looking forward to some green....
G-max
Margin Trading...
Day Trading Margin Requirements/NASD Pattern Day Trading Rules
Effective September 28, 2001, the National Association of Securities Dealers (NASD) enacted changes to day-trading margin requirements, which may affect your account.
The NASD provides that a pattern day trader is any account that executes four or more round-trip day trades within any rolling five-business-day period. Day trading is the practice of purchasing and selling, or short selling and purchasing to cover, the same security (equities or options) in the same trading day within a margin account.
What is a day trade/round trip?
A day trade occurs when you buy and sell (or sell and buy) the same stock or option position during the same trading day. A trading day includes all pre-market, normal trading hours, and extended session hours. Selling a position held overnight and reacquiring the position the following day is not considered a day trade.
The NASD provides that a pattern day trader is any account that executes four or more round-trip day trades within any rolling five-business-day period, provided the number of day trades represents at least 6% of the total trading activity during the same five-business-day period.
What is a pattern day trader or a pattern day trading account?
Any margin account that executes four or more day trades/round trips within a rolling five business days has shown a pattern of day trading. The account will be flagged as a pattern day trading account and subject to the National Association of Securities Dealers (NASD) Pattern Day Trading Rules. Day trade buying power is only displayed if your account has been flagged as a pattern day trader.
Hope this info helps...
G-max
Did they just change the rules from 3 RTs in 5 days to 4 RTs in 5 days? I just checked with TDA margin trading rules and you are correct. It is 4 RTs in 5 days, but I thought it was 3 RTs when I originally opened my margin acct a couple of months back. Just curious. Have a great weekend...
So are you a Huskers or Sooners fan? LOL
Yep, Air Force Brat. Lived back behind the Skateland off 75.
I lurked for about 3 months b4 I jumped in. With limited funds my only WU play is INIX. Frustrating not being able to play all of 'em, but it will come in time.
Good Luck...
G-max
It was fabulous and FREE which made it even sweeter. I am heading to Myrtle Beach, SC next Thurs, Fri & Sat for a golf trip with some buddies. Will be playing 3 courses...maybe 4 if we can squeeze it in. Going to be fun, but I will be in withdrawals being away from the WU that long. May just have to take my laptop and check in every now and again. Have a great weekend and good luck with the soccer tourney.
G-max
Welcome aboard Kriter. Glad to have you here. How is Omaha these days? Lived in Bellevue about 10 years. Left in '85. The Profs here at WU are great. Always willing to teach us something new and even hold our hands when we get jittery and want to pull the trigger too soon. Stick around and learn from the best (not me the profs). Welcome aboard.
G-max
Good Evening Professor Chartinator and WU. My portfolio was so red this afternoon that I just had to see some green. So I hit the links. It was great...a cool 77° with a soft breeze and lots of sun. Plus I shot a 45 on 9 which is pretty good for me. Anyway after a nice green afternoon what should I find, but my portfolio turned green too. THANK YOU INIX!
Well their info is updated on Pinksheets.com to say that E&Y is their accountant. I suppose they could be lying to pinksheets too, but it is highly unlikely as that would have serious legal reprocutions...wouldn't it?
I feel your pain as I am down 70% here. But I am in for the looooonnnnngggg haul.
All I ask for is fact and substantiation.
Best of luck to all of us. I have had enough red so I am off to hit the links. Maybe I'll do better there than I am with AQUI. (I doubt it!) Oh that's right...a low score is good in golf. LOL
G-max
Could you paste the news instead of the link. I get an MS Vscript Runtime error from the link. THX
So if MMs are low on shares, where do the retailer investors like us get them from. I thought we bought from the MMs....ssooooo confused. LOL
What is the significance of Mirror Trades. I know what it is, just not the significance of it.
BTW, Average down with what??? (sarcasm) LOL
G-max
Good Morning Professors, Staff and Students! Here's hoping for a green day. Go INIX!!!!!
I think it is more like $2/case. If I recall correctly someone said there was a $1/case shipping charge. Still not bad profit. I figured $4.25M each year for 8 years.
I am still hoping for a substantial PR this week....hoping...
Sounds great! I know about being busy. My boys take up my time with: Karate and weapons on Mon., Karate on Wed., Baseball practice on Thurs., Karate on Fri., Baseball game on Sat.
Thanks for explaining that Magic Box. Heard you mention that before but never got around to asking about it.
I will. Go Sooners!!! jk
INIX up 28.57%
Welcome back Doog!!!!! That was the shortest month ever in iHub Jail.LOL Thanks for the great PM to Spark that was posted this AM. I think I'll join you in one of those AG brewskis...
Grafix-max
Spark thanks for posting that from Doog. It's only been a day and I miss his DD already...this is going to make for a looooonnnngggg month without you DOOG! Great info. Much Appreciated!
G-max
Isn't that the 7th red day, so do you expect green tomorrow? I seem to remember something about 3,5 7 day patterns you mentioned. Does this chart fit that scenario?
G-max
INIX - wow heavy volume so far today! LOL!
Good Morning Profs & Studs! Hoping for a green day today. My port actually closed slightly green yesterday (from the prior day) although red from my buy-in point. A step in the right direction. Let's keep chipping away at the ever-ellusive green giant...
G-max
heilige Scheiße! seien verdammt INIX
Thanks chart!!!!! Need someone to start slappin that ask. My powder's all gone or I would do it.
what does the L2 look like on INIX?
Same here. Haven't found any pinks it will display, and only some OTCBBs. For example you can see: PLTG and BMSN.
Aymon- this is from TDA's Website.....
Does the Level II applet display quotes for pink sheets and OTCBB securities?
Yes. The NASDAQ option displays quotes for all NASDAQ stocks, including OTCBB securities. However, you may not get accurate information because the market is not required to provide regular updates for OTCBBs and pink sheets.
Subscription fees apply to NASDAQ Level II data.Access to real-time market information is subject to acceptance of the exchange agreements.
Good Morning Profs & Studs...
Count me in on the book reading. Already downloaded and started chapter 1. Got caught up in it and then realized I had to get back to work. haha
Looking for a great GREEEEEEEEN day today!
G-max
OT: TIDE - great laundry detergent. LOL
Good Afternoon All! Tina, I just read the new rules in the iBox. Great addition btw! However, I don't think I can comply with #3. Having trouble with that part of the WU curriculum. Guess I will need extra tutoring in that area...LOL
Happy Sunday to all! Is it Monday YET?????
G-max
Great analysis.... Person mark for you!!! Have a great weekend!
OK What language is that???? I didn't understand a word of it.