| Author |
Message
|
| blackfoxtrade |
Posted: Mon Oct 17, 2005 8:17 am Post subject: |
|
|
 Associate

|
| Grimreaper wrote: | There's a bettr than 50% chance that VSGN will be trading at 2.00 or less by Fri, I'll see what I can do!  |
OWNED!  |
|
| Back to top |
|
 |
| Do5 |
Posted: Mon Oct 17, 2005 8:50 am Post subject: |
|
|
 Investing Sr. Associate

|
I bought 200 shares of VSGN at $2.11 and I see that its $2.83 and showing 31% return for me... I am still learning on this on the simulator.
If I were trading for real, wouldn't 30% return be great? for 3 days...
How high should this go?
Last edited by Do5 on Mon Oct 17, 2005 9:56 am; edited 1 time in total |
|
| Back to top |
|
 |
| Benjamin |
Posted: Mon Oct 17, 2005 9:28 am Post subject: |
|
|
 Administrator

|
| Do5 wrote: | I bought VSGN at $2.11 and I see that its $2.81 and showing 30.09% return for me... I am still learning on this on the simulator.
If I were trading for real, wouldn't 30% return be great? for 3 days...
How high should this go? |
It depends how many shares you had in it on how much of your overall portfolio was invested in that one stock.
The calculation for return is net gain (loss) / cost. Suppose you opened a position of 100 shares of stock for $10 a share. The stock goes up $1. Your gain is $100, your cost was $1,000, your return is 10%. Suppose the stock goes down $2 instead. Your gain is -200, divided by cost of $1,000, for a net return of -20%. |
|
| Back to top |
|
 |
| Grimreaper |
Posted: Mon Oct 17, 2005 12:47 pm Post subject: |
|
|
 CFO

|
Nice run in VSGN today! Now that they got that out of their system I guess they can bring it back down now, huh? Actually, it looks like they may only bring it down a tad, then up through whatever the high will be (perhaps today's 2.99), then down more than a tad  |
|
| Back to top |
|
 |
| 1(888)SNOWPLW |
Posted: Mon Oct 17, 2005 10:12 pm Post subject: |
|
|
 Investing Sr. Associate

Joined: 10 Oct 2005
  Posts: 151 This Month: 0 Location: NATIONWIDE 6200.56 e$
Net worth: 16,340.76 Portfolio Value: 10,140.20 Monthly Return: -4.20% Trades this month: 0 Churn Rate: 0.00%Items
|
Could you each chime in on what your rentry price might be if it turns down.
 |
|
| Back to top |
|
 |
| Grimreaper |
Posted: Tue Oct 18, 2005 2:43 am Post subject: |
|
|
 CFO

|
| Mine would be 1.20-1.25 for VSGN SP |
|
| Back to top |
|
 |
| superinvestor |
Posted: Wed Oct 19, 2005 5:11 am Post subject: |
|
|
 Investing Sr. Associate

|
Entry $2.2
Exit $3.2-3.3
Btw the MA(50) will start going up in 2 days time. |
|
| Back to top |
|
 |
| 1(888)SNOWPLW |
Posted: Wed Oct 19, 2005 8:28 am Post subject: |
|
|
 Investing Sr. Associate

Joined: 10 Oct 2005
  Posts: 151 This Month: 0 Location: NATIONWIDE 6200.56 e$
Net worth: 16,340.76 Portfolio Value: 10,140.20 Monthly Return: -4.20% Trades this month: 0 Churn Rate: 0.00%Items
|
I like where MCD sits at near the upper limits tested 5 years ago. Time to break into a new range.
You know people had to stop going to Chilis Applebees and Fridays because of the gas crunch on the pocket book. So they eat at home more and visit an old friend, Ronald McDonald. |
|
| Back to top |
|
 |
| 1(888)SNOWPLW |
Posted: Fri Oct 21, 2005 4:55 am Post subject: |
|
|
 Investing Sr. Associate

Joined: 10 Oct 2005
  Posts: 151 This Month: 0 Location: NATIONWIDE 6200.56 e$
Net worth: 16,340.76 Portfolio Value: 10,140.20 Monthly Return: -4.20% Trades this month: 0 Churn Rate: 0.00%Items
|
GP
You got it right. Don't know how you did it. $4.79 opening decline, unheard of!
I think the puter is broke or rigged. Earnings in an hour. Day traders prepare for my call of a $10 turn around.
Profit now or forever hold your peace.
CAT is the symbol |
|
| Back to top |
|
 |
| Grimreaper |
Posted: Fri Oct 21, 2005 6:39 am Post subject: |
|
|
 CFO

|
I think the bets are all based on the close SP. I forgot about what our bet was, I guess I'll just mosey on over to the Reaper challenge board to check. I know that cwing has to be getting worried about FPL though.  |
|
| Back to top |
|
 |
|
|
 |
| cwing |
Posted: Fri Oct 21, 2005 8:06 am Post subject: |
|
|
 Associate

|
Yeah FPL is close to your target... and I will owe you if it gets there $500.... At least got this thread going.. I think yours was $39 and mine was $56... and FPL is now around $42.. When I picked it was around $48...
EDITED: Had the spread wrong now fixed ... |
|
| Back to top |
|
 |
| Grimreaper |
Posted: Fri Oct 21, 2005 9:16 am Post subject: |
|
|
 CFO

|
cwing, you can cancel the bet right now and just pay $450!, now that's a baaahgin! save yerself the estreee $50! go ahead, ya know yawnto!  |
|
| Back to top |
|
 |
| cwing |
Posted: Fri Oct 21, 2005 9:42 am Post subject: |
|
|
 Associate

|
| I'll stick it out... and if you win I will add $100..But if you loose you add $200.. |
|
| Back to top |
|
 |
| Grimreaper |
Posted: Fri Oct 21, 2005 11:06 am Post subject: |
|
|
 CFO

|
| That's confusing, we'll keep it as is, besides, I am already giving you some bonus e$ if you win since you were the first challenger. |
|
| Back to top |
|
 |
| Grimreaper |
Posted: Sat Oct 22, 2005 6:23 am Post subject: |
|
|
 CFO

|
Just in case anyone wants to start playin for fun and e$ this week, I'll get it started, my pick meets all of the rules for entry, I'll run with SQNM at a pending target price of .55, that means it must hit that price for me to gain entry into the run for the e$, time to get this thing going since there are so many stocks that are becoming such great plays right now, no e$ will be awarded unless we get at least 4 more players, e$ will be awarded to the top 1,2, or 3 players that end up with a qualified pick acoording to the rules as long as we get 5 people to play, so c'mon people! even if you mess up and your pick losses 20% for the week, finish in the top 3 and you still make e$!! it's better than trading the markets in real $$$!!!  |
|
| Back to top |
|
 |
|
|