Thursday, December 23, 2010 11:57:38 AM
Money Hungry - Why am I here? I guess I am stuck here? : ^ )
I got interested in JF's company awhile back, in the beginning, when he was trying to be legit. The company was then renting and/or selling mail order videos. I actually made some money on that stock, but I never bought and held. I was lucky. After getting out, I just lingered. For some reason I visit here regularly, just to see what is going on because I feel comfortable with some of the members here.
Wick - thanks for the suggestions. I was very impressed by the stock price fluctuations of CONN and MMRF, but disappointed in their 6-month charts, showing them both down over 40% over that same period when this has been a pretty good 6-month period for OXY and CVX, and stocks in general.
Xanadu - As regards ACDU, I got a shot of that area by entering the address into Google maps. Yes, they do have a "warehouse/showroom" near Naples, FL., but I could not get anything more definite.
I looked a little more into ACDU. The 40% price fluctuations over a 30 day period are good, and it has held "even" over the past 6 months. I'm most concerned about only having less than $5K of stock sales daily. Hard to get in and out of with a larger investment.
I'm all cash right now, but normally I've got a LOT (for me anyway) tied up in the stock market. Normally, all my eggs are in one basket, but I move fast when I get on the wrong side. And yes, I do lose sometimes (not frequently, but regularly). However, I lose lot less $ than what I gain when I can take my relatively small percentage profits. The comfort level of OXY and/or CVX are just too reassuring considering the way I invest. To be able to book $1,500 to $2,000 in profits on one stock in one day is too much to resist for me. Tie it in with a good dividend, which I normally take advantage of (over $500 on the last CVX dividend), and then it is even better. Get the dividend (only taxable in the year sold on personal accounts, not IRAs), wait for a $3 increase from purchase price, and sell. Then, wait for a similar decrease (even at a higher price point), buy again, and do it over and over again.
Anyway, forgive the long post. If TGLN is not working for us, it is natural to seek out more information from past friends on the board, even though the discussion is not relative to the actual stock board, and I apologize for that. It is true that MMRF, CONN, and ACDU all have IHub Boards, but it is time consuming to switch between them constantly. It would be nice to have a general stock discussion board that we all frequented. Maybe we could change the name of TGLN to something more general, since it looks like we are close to an end with that stock?
No matter what, I thank you all for getting back to me.
Steve
SANUWAVE Announces Reverse Stock Split, Note and Warrant Exchange, and PIPE Offering • SNWV • Oct 18, 2024 9:31 AM
Vocodia Addresses Recent Stock Price Movement and Future Strategic Partnerships • VHAI • Oct 18, 2024 9:00 AM
Mass Megawatts Announces the Start of an Online Discount Solar Energy Equipment Business with Revenue Recognized for the First Time Since Year 2010 in this Fiscal Quarter • MMMW • Oct 18, 2024 7:32 AM
Unitronix Corp Advances DeFi Innovation with Tokenized Real-World Assets Integration • UTRX • Oct 17, 2024 7:38 AM
Mass Megawatts Commences Solar Energy Sales Efforts • MMMW • Oct 16, 2024 7:45 AM
SANUWAVE Health Announces 1-For-375 Reverse Stock Split • SNWV • Oct 16, 2024 7:40 AM