investing & flipping
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lol
That is pretty funny when I think about it. But I am not driving one of those sissy hybrids like the Prius.
My higher breed is a red, 2012 Camry, 198 hp, 348 lb/ft, 0-60 in 7.6 sec., top speed 120+. Wify has a tricked out 2006 Scion xA, and the project car in the driveway is a RWD '83 Caprice with the only stock part being the rear axle.
Now back to UWTI. I am holding long for $30 a share. Looking to net 10k+ in profits. I will be adding on the way up for more profits later. My average price is $3.83 at launch.
UWTI
To da moon!
Well, OK, maybe just low Earth orbit but if black gold goes back to $80 I'll sell my shares and pay off my hybrid.
UWTI!
lol
True.
So do I start shorting banks or buy more UWTI is my question?
UWTI
Not unheard of for markets to over-correct upwards after a crash. I'm betting $80 by December '15.
UWTI
Thanks.
Look at August '14. I think oil was sliding through $80 while UWTI was sliding through $30. I'm holding for $80 crude with some risky stop losses over here at UWTI.
UWTI
I'm basically out of both sides (bull/bear) except for the bag that I am holding over at DUST. Pulled down a 20%er over there in December. Hoping for maybe 10% in the next few weeks.
I'll be back in JDST when the time is right.
JDST
The most over used term after any stock crash is "it's different this time" and of course it never is. There was an oil crash in the 1980s and 2000s both of which resulted in a rebound in about a year.
When the oil nazis lose too much money because they can't short any more they will do what is a called "generate a rally". They might fear monger, speculate, start a war, etc. but they will have the price back up to $80 EOY.
Mark it.
UWTI
I'm out of JDST for now with a nice profit. NUGT and JNUG one month chart looks like a death plunge. I'm still bag holding over at DUST. Waiting for an entry point in NUGT next week or so.
For those still holding JDST I think you will be bagging a nice profit in the next few days or weeks. I try not to hold these for more than a few days or weeks.
JDST
I'm out at $9.09 for a 21% profit. Was gonna be out at $9.15 but I fat fingered the trade.
JDST
Well my FIOS is still blanking up. I have no idea where that last post came from.
Anyway, since I am back any chance gold slips over night?
JDST
Lucky you! I was up 19% on Friday and held until today. I was up 30% when I went to sell my shares and my FIOS crapped itself. So I pouted the rest of the day. Oh well. I'll just have to bag hold for a while.
Maybe tomorrow.
JDST
PS After the closing ding dong I was like darn I could have hot spotted on my Blackberry! DOH!
I sold gold last week for 10% profit.
I turned down a 19% taking today, holding over the weekdend.
Hopefully my greed pays off. lol If not you all can just call me Dewrag Bag Holder.
JDST
Gold trading sideways, JDST up a $1 a share for me, Market is schizo.
lol
JDST
I'm green, up $1 per share.
Not sure why you bailed on a loss when this is up today.
It happens.
JDST.
When we gonna test that 52 week high?
:)
ELRAD
I am calling $69 to $89 by December 31, 2015. Futures for June are pushing $69 now.
I am long UWTI.
UWTI
Last time oil was at $80 this stock was at $30. Check the prices for August 2014. Unless that price was from a split. I don't know. But I'll take your $15. That's 3x more than what I have now.
UWTI
I am trying to dip my toe at $7.16 since I am a GIANT bag holder over at DUST I am trying to redeem myself here at JDST. lol
JDST
Darn restricted sharesa are keeping me at $3.
But then again anthything under $5 is a steal here.
UWTI
I was eyeing a Russian bull fund a few weeks ago. They split it at about $5 bringing the price up to $10. 5 days after the split the price rose on its own to $20. So as long as your broker doesn't take their sweet ol' time getting you your shares you could make some coin.
UWTI
So when is Uwti gonna open at $49 plus?
:)
UWTI
Out at $20.21!
Was in at $18.09.
Pulled down a 10%er.
Now waiting for a pull-back here or a short play over at DUST.
NUGT!
I got HOSED on another split.
ELRAD
Scott will take their sweet ol' time getting you your shares and access just in time for you to miss a 50% run up. lol
ASK ME HOW I KNOW!
ELRAD
So are the evil "they" gonna shoot gold up like a space shuttle launch over the weekend and then on Sunday night bring it down like a civilian airliner hit by a Russian SAM like they usually do so we can't make any coin duing the week?
lol
NUGT
I need this sucka to hit at least $19.38 for me to take down a 10% profit. My flips on DUST and NUGT have grossed me 11 - 29% profit over the year. I would like to get some where in the realm of 22 - $24 but this may be a pipe dream until the big crash comes.
NUGT
DUST/NUGT now at a $1.5 spread.
I wonder if "they" aka the manipulators are going to put these 2 stocks in a $2 - $4 orbit around each other? Then I am REALLY screwed!
lol
DUST
Could be worse. Could be 1 to a cazillion.
FFFC
$13 - $19 range?
HEY I CAN PIPE DREAM IF I WANT TO!
I said pipe.
lol
FFFC
Because they can.
We have been tripple effed! lol
Proud bag hold of FFFC!
:)
NUGT and DUST are only about 2 bucks apart! Will they cross paths?!?
NUGT!
They'll split it.
Or close it down and hand you back your empty bag.
NUGT
Google "Velocity Shares delisted" and see what comes up. Quite a history of piss poor fund management. Example A below...
http://www1.nyse.com/pdfs/TraderUpdate_CS_Delist_11292013_update.pdf
Direxions are just as bad.
But since I have made money in both I keep rolling the dice.
UWTI
They'll split it before it drops below $5. I've been in 2 Direxion funds that split when they hit $5 this year. If they drop below $5 for more than 30 trading days they get de-listed. They won't let that happen. Wall Street considers any stock under $5 to be a penny stock and won't list them on the Stock Exchange.
UWTI
Copy cat!
I got in at $6.48 and $5.60.
UWTI
I am buying at 10:05am tomorrow unless she is tanking. Chart crossed over and leveled EOD today. Not sure how she is going to go tomorrow.
UWTI
I am going to double down tomorrow, maybe, get an averaged down price of around $6. Hope for a $9 pop. Next year is going to be volitile. So I think we will see some bouncing around here before prices start to climb. Some good opportunities to make some 10 to 50% profit takings.
UWTI
John,
I made 390% return on weed stocks this year. But I think next year it's going to be gold and oil, especially oil.
UWTI
Korelin is also predicting a small bounce in oil before year end. I might double down on Monday and hope for a bounce to $9.
Come on Santa!
UWTI
Sadly I think you are right. I was hoping for a dip below $23 on Friday and the closest I came was $23.57. So I was off 58 cents from hitting $22.99 or better.
I am out for now.
DUST