|
|
03-03-2011, 07:41 AM
|
#1
|
Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,766
|
stock traders
i have been following this stock for over a year now, Syntroleum Corposration, ticker symbol SYNM. it is a bio fuel. an old time yankee ballplayer turned me on to the stock. i have watched it and watched it and it was like watching paint dry. yesterday was the first sign of strength since i have watched it. i hoped on for the ride.
the other 2 stocks i like alot are goldmining company's, Goldfields ticker GFI, and Iamgold ticker IAG.
if i am boring anyone on these picks i won't bother posting them anymore.
|
|
|
03-03-2011, 08:05 AM
|
#2
|
Registered User
Join Date: Mar 2005
Location: saratoga
Posts: 376
|
Stock talk is always interesting.
I assume you would be buying the actual stocks, not options?
As a trade- do you have an idea how long you will hold them?
|
|
|
03-03-2011, 08:37 AM
|
#3
|
Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,766
|
Quote:
Originally Posted by offtrack
Stock talk is always interesting.
I assume you would be buying the actual stocks, not options?
As a trade- do you have an idea how long you will hold them?
|
the gold miners i am holding onto, the syntroleum deal i am trying to build a position. the way i do that is this, and there is nothing complicated as to the way i do it. i bought 5000 shares of synm at $1.83, if and when it moves 20% i will sell 4000 shares. if it pullsback 15% i will buy another 5000 shares and look for another 20%, and repeat this process up to 5 times.
my initial position i stop myself out on a 10% decline. i am pretty simple because i cannot compete with all the sharp people out there using algorythyms to try to clean me out. i do look at fibornacci expansion and contractions, and also various different moving averages, like the 20 day, 50 day and 200 day. in gold i actually look at the 200 week and 200 month moving averages. the way i have gold figured is that the bottom on gold will be in for a minimum of 10 years once the 200 week moving average crosses $1050. right now we are at $1026 and we will cross that number within 3 weeks if not sooner.
|
|
|
03-03-2011, 07:51 PM
|
#4
|
Registered User
Join Date: Jan 2007
Posts: 1,133
|
Hey Lamboguy,
I can't believe there isn't more interest in your post. I certainly am.
I would like to buy the first book that you write on life experiences. Always enjoy your posts.
Tape Reader
|
|
|
03-03-2011, 09:54 PM
|
#5
|
Lacrimae rerum
Join Date: Apr 2004
Location: at my house
Posts: 7,308
|
I'm the opposite of a trader, more of a fundamentalist...but finally found another company to invest in after quite a time hunting around. I crack myself up with some of my finds, people think I'm crazy.
The company, WD-40. What a well run company. 300 hundred people in San Diego, who knew they were independant, not me. WD-40, 3-in-1 oil, and lava soap. Expect a nice dividend bump next year sometime. Bought in for a quarter position recently.
Last edited by chickenhead; 03-03-2011 at 09:56 PM.
|
|
|
03-03-2011, 10:01 PM
|
#6
|
Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,766
|
Quote:
Originally Posted by offtrack
Stock talk is always interesting.
I assume you would be buying the actual stocks, not options?
As a trade- do you have an idea how long you will hold them?
|
i don't buy, sell or write options. i don't play etf's, and i am not a future guy. although i do like natural gas as the move of the decade coming up. i am developing a list of explores and company's that should benefit from a bull market in nat gas
|
|
|
03-03-2011, 11:45 PM
|
#7
|
Registered User
Join Date: Apr 2008
Location: Louisiana
Posts: 5,597
|
yeah Lambo...I think there can be alot of interest in this thread. I personally like it. Just dont tell the libs...they will want to know how we have money to buy and sell stock lol.
But serriously, I follow and like the thread and look for more ...
Thanks again
__________________
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are life, liberty and the pursuit of happiness. That to secure these rights, governments are instituted among men,deriving their just powers from the consent of the
governed.
|
|
|
03-04-2011, 12:07 AM
|
#8
|
Registered User
Join Date: Apr 2003
Location: Willamette Valley, Oregon
Posts: 1,622
|
Gasfrac is an interesting company. They use gelled propane rather than water and fracking fluid to frac wells. Given the negative attention conventional fracking is getting in the news this looks like a pretty strong alternative.
Disclosure: I am long Gasfrac
|
|
|
03-04-2011, 06:44 AM
|
#9
|
Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,766
|
Quote:
Originally Posted by plainolebill
Gasfrac is an interesting company. They use gelled propane rather than water and fracking fluid to frac wells. Given the negative attention conventional fracking is getting in the news this looks like a pretty strong alternative.
Disclosure: I am long Gasfrac
|
do you have any idea how many people work for the company?
|
|
|
03-04-2011, 07:00 AM
|
#10
|
Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,766
|
what is good about company's like GFS.V is that the management team does not get giant paychecks, but probably bigtime options.
|
|
|
03-04-2011, 04:43 PM
|
#11
|
Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,766
|
Quote:
Originally Posted by lamboguy
i have been following this stock for over a year now, Syntroleum Corposration, ticker symbol SYNM. it is a bio fuel. an old time yankee ballplayer turned me on to the stock. i have watched it and watched it and it was like watching paint dry. yesterday was the first sign of strength since i have watched it. i hoped on for the ride.
the other 2 stocks i like alot are goldmining company's, Goldfields ticker GFI, and Iamgold ticker IAG.
if i am boring anyone on these picks i won't bother posting them anymore.
|
synm finished out the day today up 16% or .32 with plenty of volume to hold this thing for a little longer
|
|
|
03-04-2011, 08:00 PM
|
#12
|
Registered User
Join Date: Jun 2007
Location: bullhead city, az
Posts: 1,157
|
Quote:
Originally Posted by lamboguy
i don't buy, sell or write options. i don't play etf's, and i am not a future guy. although i do like natural gas as the move of the decade coming up. i am developing a list of explores and company's that should benefit from a bull market in nat gas
|
i agree 100% with the natural gas..one of the best ideas i heard in the last few years was to make all city buses and trucks run on natural gas..it didn't go anywhere..it made sense..
__________________
"Marines - Providing Enemies of America an Opportunity To Die For their
Country Since 1775"
|
|
|
03-04-2011, 08:29 PM
|
#13
|
Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,766
|
Quote:
Originally Posted by prospector
i agree 100% with the natural gas..one of the best ideas i heard in the last few years was to make all city buses and trucks run on natural gas..it didn't go anywhere..it made sense..
|
you will definately see this within 15 years if not much sooner. i am going to come up with a list of individual company's and post them. my problem is there is only 24 hours in a day and i get into lots of arguements and fights on a very frequent basis. the whole world seems like they are out to get me.
|
|
|
03-04-2011, 09:19 PM
|
#14
|
Registered User
Join Date: Apr 2003
Location: Willamette Valley, Oregon
Posts: 1,622
|
UPS is changing their vehicle fleet to natural gas - getting ahead of the curve again.
|
|
|
03-04-2011, 09:29 PM
|
#15
|
Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,766
|
the way i am seeing things these days is that us dollar is dropping like a rock, as long as so much money leaves the shores here the dollar is dead, they need nat gas to bail us out.
|
|
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
|