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| frusnak |
 Posted: Wed Jan 04, 2006 4:53 pm Post subject: Cramer's recap 1/4/06... playing dirty |
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CFO
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Power plant emission clean up that is..Companies to take advantage of it.
KFX@$17.99...after hrs.$18.70..+3.95% clean up impurities in coal
PLL@$26.90...after hrs.$27.75..+3.16% Filtration
ADES@$17.80...after hrs.$19.30..+8.43% mercuryemissions in smokestacks
CCC@$6.01...after hrs.$6.55+8.99% broken stock not company
Natural Gas pipe line play, price is up but there's more room to go up!
PWEI@$21.39...after hrs.$23.12..+8.09% plastic pipe supplier
 Bullish...WMT ANF IBM DRI CHK MON CBB CELG UNH INTC NBR HAL PPC ING GME LFL UARM NWL WFMI
 Bearish...MCD CMC Q HLEX PSYS GMXR AYI NATI FDP |
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| geb9696 |
| Posted: Wed Jan 04, 2006 4:59 pm Post subject: |
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Investing VP
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| I am glad to see he is Bullish on UARM. I bought a whole lot of that for my portfolio today right before the bell. |
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| frusnak |
| Posted: Wed Jan 04, 2006 5:08 pm Post subject: |
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CFO
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Good move that stock has been doing pretty good since Cramer first mentioned it a while back.
Just a side note on ADES, when I was playing with penny stocks I bought 1,000 shares of ESCI@$0.10 for a division they had that had technology to clean coal fired power plant smoke stack emissions of mercury.
With in a year they spun off that division at a 1 for 10 rate...ADES @$6.50 per share.
After a month it was at $8.50 so I sold it. Meanwhile ESCI went to $0.01.
Shoulda woulda......Oh wellllll
Last edited by frusnak on Wed Jan 04, 2006 5:10 pm; edited 1 time in total |
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| stockmarkettips |
| Posted: Wed Jan 04, 2006 5:09 pm Post subject: |
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Investing Manager
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| It's amazing how stocks he mentions go up 9% AHs right when he mentions them. More and more are starting to heed Cramer's advice. |
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| Im Not Warren Buffett |
| Posted: Wed Jan 04, 2006 5:20 pm Post subject: |
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CFO
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| stockmarkettips wrote: | | It's amazing how stocks he mentions go up 9% AHs right when he mentions them. More and more are starting to heed Cramer's advice. |
Is this a good thing? Anyone who sits around watching Mad Money with the laptop logged into E-Trade has a problem, IMO. How can people instantly go buying into a stock just because he talks about it in a positive light? More over, what happens to these people who buy in at a 10% premium or so? Cramer's recommendation doesn't change the underlying nature of the company, it just gets the name out there. Hopefully for them, someone watches the later Cramer show and decides to buy then... the Greater Fool Theory at work... 
Gordon Gekko/Michael Douglas of Wall Street fame said "Why can't fund managers beat the S&P? Because fund managers are sheep, and sheep get slaughtered." BBBAAAAAAAAAAAAAA and BUY away. |
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| geb9696 |
| Posted: Wed Jan 04, 2006 5:23 pm Post subject: |
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Investing VP
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| Cramer does sometimes pick solid companies but the after hours boosts that he gives to companies does scare me a little bit. I do not like buying into something that is already up 5% because I always get the feeling that I am going to get screwed. |
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| Im Not Warren Buffett |
| Posted: Wed Jan 04, 2006 6:11 pm Post subject: |
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CFO
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I think we need limit buying sooner than later, I was about to buy American Eagle (AEOS) when I did a second check and found it was up over 8% in afterhours. Would have been a good pick, but a nasty surprise for me. Guess I just need to find another one.  |
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| geb9696 |
| Posted: Wed Jan 04, 2006 6:20 pm Post subject: |
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Investing VP
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| Limit orders are something that would be good for those of us who work or have school during the day and are unable to be constantly watching to get our sell orders in. The only problem with limit orders are how would the 20 minute delay be factored into it? |
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| Dave Rathbun |
| Posted: Wed Jan 04, 2006 7:54 pm Post subject: |
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CFO
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| geb9696 wrote: | | Limit orders are something that would be good for those of us who work or have school during the day and are unable to be constantly watching to get our sell orders in. The only problem with limit orders are how would the 20 minute delay be factored into it? |
The 20 minute delay is just to put the orders on the same schedule as quotes. An order is inserted into the order queue. That order doesn't get processed until 20 minutes later. So a limit order will work just like a regular order, so to speak. The only difference will be that the order will not be processed as soon as it "wakes up" but only after the limit price has been reached. |
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| geb9696 |
| Posted: Wed Jan 04, 2006 8:02 pm Post subject: |
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Investing VP
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| So in theory we could get our trades to go through without the 20 minute wait if we set the limit right? |
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| poornewb |
| Posted: Wed Jan 04, 2006 8:18 pm Post subject: |
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Investing Manager
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Im sorry guys but that 20 minute delay drives me nuts. If your logged into your REAL account theres no 20 minute delay or at least on mine theres not. You would have to be a masocist to buy with market orders all the time or actually anytime in the real market.
I can go into my account at night and the ask orders are like 9,000 for 1 share if you did a market order for that your screwed! |
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| geb9696 |
| Posted: Wed Jan 04, 2006 8:23 pm Post subject: |
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Investing VP
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| It has to do with the quotes that einvesting uses. That is why I believe they might have problems with market orders because of the way that the delay works. |
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| poornewb |
| Posted: Wed Jan 04, 2006 8:29 pm Post subject: |
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Investing Manager
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| Well then let me ask If a stock is tanking and im trying to bail to save some earnings, when I hit the sell button and it gives me the quote price right then is that the price it will use or will it requoute it after the 20 minute delay? |
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| geb9696 |
| Posted: Wed Jan 04, 2006 8:32 pm Post subject: |
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Investing VP
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| Yes, it is somewhat confusing exactly what quote is used. Because of the delay we miss 40 minutes of trading total each day. We miss the open and the close. I also makes flipping of stocks harder because you have to anticipate what is going to happen over the next 20 minutes. |
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| Dave Rathbun |
| Posted: Thu Jan 05, 2006 4:35 am Post subject: |
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CFO
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| poornewb wrote: | | Well then let me ask If a stock is tanking and im trying to bail to save some earnings, when I hit the sell button and it gives me the quote price right then is that the price it will use or will it requoute it after the 20 minute delay? |
It will trade at the "real time" quote in about 20 minutes.
The quotes from yahoo (the free service this board uses) are delayed. If you want to know what your "sell" will be, go to a real-time quote site and get a real-time quote as you enter your order. In 20 minutes, when Yahoo's quotes catch up to the real-time and your order goes through that's what your order will trade at. Why?
Take an extreme example. The stock is dropping $1 per minute. So right now it's at $50 per yahoo, but per real-time quotes it's at $30. So right now in the real world the stock would sell at $30 if you put in a market order.
But eInvesting is 20 minutes behind "right now". So your order goes in, and the quote - to the best of our knowledge at that time is that the stock is selling for $50. But that's not correct, so the order goes into a queue. 20 minutes later the "now" quote from Yahoo is $30, and your order sells. All the 20 minute delay is doing is allowing the delayed-quotes from Yahoo to catch up to reality.
If this were not done, your order would fill at $50, meaning you traded 20 minutes in the past.
| geb9696 wrote: | | Yes, it is somewhat confusing exactly what quote is used. Because of the delay we miss 40 minutes of trading total each day. We miss the open and the close. I also makes flipping of stocks harder because you have to anticipate what is going to happen over the next 20 minutes. |
No, you don't. Everything including the market open and close is delayed by 20 minutes. You don't lose anything. Again it's because "reality" from Yahoo is delayed by 20 minutes. The market opens at 9:30, our's opens at 9:50 when the quotes from yahoo first start showing up. Go to yahoo at exactly market open and try to get a quote. It's not available! 20 minutes later they show up.
The market closes, and 20 minutes later Yahoo's quotes should show the closing price. The trading system on this site stays open (the order queue continues to be processed) up to 20 minutes after the market closes.
You don't lose anything.
To try to summarize: look at real-time quotes. The price you see "now" is the price your order will be executed at in 20 minutes when Yahoo's quotes catch up to "now". That's all there is to it. The 20 minute delay is not penalizing anyone, it's only to prevent trading into the future.
If something is going up $1 per minute, you would love to buy "now" per Yahoo because 20 minutes later you have a guaranteed $20 profit. To prevent that, your buy order goes through after Yahoo's quotes have caught up. The same thing from the earlier example... if something is dropping, and you know that "now", then the trading system has to wait to fill your order otherwise you won't get the true "real-time" price for right now, you'll get the price from 20 minutes ago, and you'll get unrealistic profits because you're trading on the difference between real-time quotes and delayed quotes. |
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