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02-22-2017, 10:44 PM
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#151
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Veteran
Join Date: May 2016
Posts: 1,831
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"then i bought more @ .0054 and yesterday @ .0064."
Last time I looked, yesterday meant the day before today.
Maybe you meant the 'next day'. All the excitement of this massive run up might be causing confusion.
Last edited by AltonKelsey; 02-22-2017 at 10:46 PM.
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02-23-2017, 12:11 PM
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#152
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Veteran
Join Date: May 2016
Posts: 1,831
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Up again today! You're making me look bad.
I did hedge by saying the worst garbage can often move the best.
And so it its. DRYS went from $1 to 115 back to a $1 again in no time.
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02-23-2017, 12:51 PM
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#153
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,769
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Quote:
Originally Posted by AltonKelsey
Up again today! You're making me look bad.
I did hedge by saying the worst garbage can often move the best.
And so it its. DRYS went from $1 to 115 back to a $1 again in no time.
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i don't want to make anyone look bad, just try to make some people money that want to.
by the way DRYS was not that big a loser if you consider those crazy dividends they paid. i used to trade them 5 years ago.
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02-23-2017, 03:22 PM
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#154
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,769
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i decided to sell half of whats left in the position at .0113. i expect it to go down tomorrow to maybe .008. if it does i will buy back in.
i am never in love with anything that moves this fast, so i can't be that far off taking some off the table.
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02-23-2017, 04:24 PM
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#155
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,769
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SFOR traded up 27% for the day. looking for a pullback tomorrow.
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02-23-2017, 04:40 PM
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#156
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Veteran
Join Date: May 2016
Posts: 1,831
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Considering anyone owning DRYS in recent memory has lost 99.99999 of their money, what dividends are you talking about.
Hasn't even paid one since 2008
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02-23-2017, 04:56 PM
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#157
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,769
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Quote:
Originally Posted by AltonKelsey
Considering anyone owning DRYS in recent memory has lost 99.99999 of their money, what dividends are you talking about.
Hasn't even paid one since 2008
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why even bother with dryships, there are a million others that you can clock.
i am waiting for a few junior minors to pull back that will have plenty of juice underneath them when they are ready to go. i need something to pay for my horse race betting losses.
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02-23-2017, 06:03 PM
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#158
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Veteran
Join Date: May 2016
Posts: 1,831
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I love it when my questions are ignored
I'm selling everything and waiting for your next penny pick!
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02-23-2017, 06:22 PM
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#159
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,769
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Quote:
Originally Posted by AltonKelsey
I love it when my questions are ignored
I'm selling everything and waiting for your next penny pick!
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unfortunately outside of mining stocks, this is the first penny stock that has ever looked any good.
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02-24-2017, 04:37 PM
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#160
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Veteran
Join Date: Feb 2013
Location: Washoe County, Nevada
Posts: 2,253
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People do make money on pink sheets. The vast majority of them have higher quality footwear than Nigerian Prince scammers but it's the same game.
If anyone has made money on a sub-penny stock wearing nothing but socks, it's nothing to brag about. It's like making money in a pyramid scheme. You were a fool to buy and managed to sell to a greater fool.
It's exciting but not exactly a winning long term financial strategy.
Eventually, you run out of greater fools.
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02-24-2017, 05:11 PM
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#161
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,769
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today SFOR was down just under 8%.
i realize that everyone has stumbling blocks in front of their faces and prevents them from making good choices.
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02-24-2017, 08:54 PM
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#162
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Registered User
Join Date: Jan 2007
Posts: 1,133
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I love the action of penny stocks.
However, for those that are interested in real leverage I would suggest SPY twice-weekly options.
Thousand percent gains are possible on almost a daily basis with limited risk.
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02-24-2017, 09:08 PM
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#163
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,769
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Quote:
Originally Posted by Tape Reader
I love the action of penny stocks.
However, for those that are interested in real leverage I would suggest SPY twice-weekly options.
Thousand percent gains are possible on almost a daily basis with limited risk.
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those are great for action, but the guys on the computers on the other side of your trade are tough as nails and hardly ever make mistakes.
on another note, silver looks unreal now. maybe a head fake for now, i would say the 4th quarter will be giant for the precious metals sector.
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02-24-2017, 10:24 PM
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#164
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Registered User
Join Date: Jan 2007
Posts: 1,133
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Quote:
Originally Posted by lamboguy
those are great for action, but the guys on the computers on the other side of your trade are tough as nails and hardly ever make mistakes.
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Disagree. The bid/ask spread is a few pennies for a delta option. The volume (liquidity) is enormous. Execution is almost instant.
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02-24-2017, 10:29 PM
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#165
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Buckle Up
Join Date: Apr 2014
Posts: 10,614
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Quote:
Originally Posted by Tape Reader
Disagree. The bid/ask spread is a few pennies for a delta option. The volume (liquidity) is enormous. Execution is almost instant.
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You know as well as I do that the only day to play those options is on a Friday...
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