ok

i'm making stupid moves. this blog should be called chrislosesmoneyin08 cuz that's what's happening. let's just say:

i bought verizon (vz) on 2/14. oops.
i bought boeing (ba) on 2/14. oops so far, but i think it'll be ok someday.
i bought jones soda co. (forgot ticker and i'm too lazy to look it up) on 2/14. i like it, but so far, minor oops.
what else did i screw up on...let's see...
i still have gamestop (gme) and i love it even if it's at 45. it's my baby.
don't even talk to me about nubv or tclt. i'm not interested.
i sold tj maxx (tjx) today because it poked out above my basis, so i made some $ on that, thank god.
don't even talk to me about pvh. that fucker needs to come up like woah.

suuuuuuuuuck. isn't it ironic that just about all my other accounts are way up...like my roth ira i have with fidelity. i threw it in fnarx and it's up 10.45%. wtf! i'm considering taking everything in my zecco account and putting it in vipsx, where i have my regular savings. all inflation makes that fund a very happy baby.

checkup

hey, remember the time i sold chipotle (cmg) and then said i wanted to buy it again maybe? it closed at 107.73 and fell after hours to 106.60. i'm glad i bailed when i did - even if it did pop back to the price at which i bought it originally before plummeting down 12.5% or so. should have shorted it! but i don't short...too risky for me since i'm so stupid, etc. but still i should have shorted the bitch. plus, i made some curry so i haven't been to chipotle in a while...which i think goes for some other people too. it's too expensive. i don't want it until it comes down significantly, which i think it still will with the price of food rising to the challenge of inflation. just watch. short it if you'd like. i'll just watch while you make money and i sit in cash (which i'm in mostly right now because why not?).

i'm still wiping my ass with my shares of techalt (tclt) for now, thanks to the company's dilution of their stock. yeah - thanks a lot, techalt. it's been treading water, which i think it'll do for another few weeks before popping its head above negative for some air - at which point you'll see me jumping ship so fast it'll be CRAZY! but, ok, i'll keep a few thousand shares in so that i have something to cash out when it goes to $1. :)

i put limits on phillips van heusen (pvh) to sell when it hits $60. wishful thinking? maybe. but then again, i don't see it as being impossible. if the economy doesn't slow that much, the market might be willing to price it thusly due to the large buyback that pvh is finishing up at the end of the month and their announcement that they're ahead of earnings estimates for fourth quarter. i think we could see some other good news. let's put it this way, my calvin klein underwear doesn't have any holes and it's very comfortable, thank you. so, i want to buy some more. and so do american consumers. i still like pvh. if we see major recession, then this will be a long-term hold for me because it would be something that would come back nicely...to 60 again...sure, why not?

yes, gamestop (gme) is causing some slight discomfort lately. not going to sell it yet tho. i might consider it later on tho. i can't tell you how unhappy i am with the fact that i hold so much in retail. i have nothing but retail and fuckin tclt.

did NOT put a limit order to sell tx maxx (tjx) because of their buy back, etc. i think that in a recession this stock will be fine. it's a strong mother fucker to say the least. it's been around for EVER and i think the market could start pricing it irrationally...in a good way. so when this thing shoots to like 50 or 80 or something way out of line, i'll jump out and collect the proceeds. but i honestly have no idea where it could go. hell, i'd be happy with 37 or 40. shoot..

fucken techalt

yes, my ass is being served to me with my 60% loss in tclt as of late. i'm at that point where i want to bail, but shit that's a big loss. otherwise, my portfolio is just dandy, thank you. what's your call?

i sold out of ivot at a slight loss (but not too bad at all) - because i didn't want to have so much in penny stocks - and picked up some more pvh at 40.98. this is more like it.

go, gamestop (GME), go.

january tally

how did i do in january? so far, i'm down like $80 because of my fucking penny stocks, dammit. let this be a lesson to me...and to you. i'm down 50% on IVOT (why i bought that, i don't know...but i only put like $90 into it, so i don't really give a damn) and i'm down like 33% on TCLT but i still like it. i honestly think i'll be able to sell this well above where i bought it..maybe even at $1 so i can pay off my car. by the way, did i tell you? i picked up another 3,125 shares of this so that i'll have $13,125.00 when it goes to a dollar, which is roughly what i owe on my car, which i bought in may, 2007. so it might not go that high...well whatever. i think it'll go higher than my 10,000-share purchase at $0.024 and my 1325-share purchase at 0.016. that is....it better. :)

so far, i'm right about ameritrade, AMTD. then again, i could have chosen any financial stock, for the most part, and i would have come out ahead...especially e*trade, ETFC...tho i think it'll get bought out after all this super bowl advertising madness. i mean, let's face it...you know they just spent all of the debt they could possibly accumulate on that super bowl ad and they know it's not going to do SHIT for the company. it's like they're just pissing money away. they should either be bought out way low, like countrywide was going to be, or they should just fold and call it quits. plz n ty. though i could have made money with this stock...and a lot of it...i don't want to own this tragic, tragic mess of a company, thank you very much.

i got cold feet and sold my whopping three shares of chipotle, CMG because i'm a fuckin idiot. i thought with the price of whole foods going up, CMG's future earnings might come down a bit. i only ended up down like $10 overall, so it's not the end of the world or anything. plus, i could be right about this...but i still love the company, so i kinda still want in. even if i'm right.

fuckin microsoft, MSFT, why are you trying to spend everything you made on your xboxes to buy this piss and shit yahoo? you and everyone else knows it won't give you any edge against google. you're just not cool enough. you brought me down like $20. i'm glad i didn't put more into you. if this works out and you come back up, then forget what i said. you're a good little stock.

speaking of which, i almost bought a singular share of google, GOOG,at around 570 or so (i think it was) on thursday midday. thank god i went on that shopping spree earlier and voted against it because i used up all my 10 free trades in january and i didn't want to be too tech heavy - because it went snorkeling the next day. it's still underwater. if you've seen google, will you tell it to come out of there? he'll get pruney fingers.

tj maxx, TJX, is doing well. i picked up a few shares of phillips-van heusen, PVH, because i like calvin klein underwear. it's just so comfy. it's making me a few bucks, so why not.

i'm up on boeing, BA, and that's to be expected. i bought in around 79. i have a feeling that, if all goes well, the market will be very kind to this stock especially. it should be trading at least 20 dollars higher than it is.

which brings me to my largest holding, my golden child, my baby, gamestop, GME. why do i love this stock so much? i just love the store. i love my video games, but i'm too afraid of the ever-so-wishy-washy sony, SNE, and i think microsoft, MSFT, is too diluted to be called a video game stock, and i can't buy square enix , SQNXF because...well i don't know why, but i can't buy it on scottrade or zecco...even tho i want to. anyway, this stock is up more than all my other stocks. i expect it to reach back up to 62 and then push through to 75 or 80 if all looks good. i bought in around 49, so i would appreciate the healthy profit.

though i'm happy with the stocks i have chosen, i feel like i own too many different stocks. i know i'm not properly diversified. i don't own any oil in this portfolio because i have a large chunk of my roth ira and 401(k) in FNARX and FSESX, among other things. i like retail and financials right now...for this portfolio. an insane part of me wants to sell out some GME and MSFT and buy something really retarded like intel or tata motors. i just might do it...but i'll probably just be chicken shit and sit on the sidelines while i watch it go up and up. pooooooooo.

shopping spree

bought 10,000 shares of Techalt, Inc. (TCLT) earlier when it was down. i think it'll keep going. i'm thinking it'll go to $1.00 at which point i will take my 3,900% gain and payoff my car.

bought boeing (BA), GameStop (GME) again (i just can't get enough...i love the place...have 5 more shares set to buy as soon as it comes down to 49 like i think it will before it goes back up. if it doesn't, then meh...i just don't make as much as i will otherwise. this shit's going to 70 or maybe even 75. quote me. help out by buying all your video games there), iVoice Technology (IVOT) (no, i don't know why), more Microsoft, more Chipotle (though I don't think i should have), more Ameritrade (keep it coming), and more TJ Maxx (because america's a cheap whore, let's face it)

scratch that

i bought 1,136 shares of compliance systems corp. (copi) at 0.089. let's hope i win.

trades for 1/23

• bought amtd (ameritrade) like i said i would..not at the price i wanted, but close enough for now. i'll pick up more in a few days.


• bought cmg (chipotle) because i'm so hungry! i made some curry and, though my curry is excellent, i still crave a nice burrito from chipotle. to me, that's a big sign to buy - especially after it got hit pretty hard. i expect this will be trading higher by the end of 2008...otherwise i sell and go buy some burritos. it's a win/win.


• bought msft (microsoft) because cramer said so. i know he wouldn't like to hear that, so let's just say i didn't my homework on it - and it's right for me at this time, so i bought it.


• bought tjx (tj maxx) because you know them bitches buying earrings on layaway is finna pay up now that bitch can pay her house payment cuz her adjustable rate mortgage is getting affordable. buying this stock was my nod of thanks to the fed - and my hopes that lower-middle classers is finna go on a shoppin' spree as a result. probably won't happen, but there are other drivers as well. fo' shizzle.


• put in a limit order on 66,666 shares of mtpw (metapower international) at $0.0015 a share because i'm a fucking lunatic. what the fuck. i was going to lose it at the casino anyway, right? this way if it goes up to a penny, i make about $100. if it goes up to $1.00, then i cash out with $66,666.00 and then holy shit. don't worry - i'm not holding my breath.

why am i buying amtd?

i just threw $500 at my zecco account last week and i was all set to buy a bit of e*trade for exposure in financials to have and to hold until death do us part (or until maybe the middle of the third quarter when i drop it like a wet tube sock), so why did i change my mind? take a look at some of the news articles when you click that link, then take a look at the following:

amtd is the new queen of the incumbent recession. long live the queen. why so? because we're in a recession (arguably..if not, close...if not, in a stagflation-type scenario...oh, whatever - you're not making as much money as you were six months ago unless you're shorting everything...there!). and what happens in a recession? the short answer is 'the stock market goes down'. the real answer is that stock prices go down, but some of the companies are just a-ok!

you can think of the market as crazy sam's used car lot. crazy sam is about to sell you a bmw with 2,000 miles on it for the low, low price of $5,000. now, before we raise concerns about the validity of crazy sam's original claim to the vehicle, i must mention that the car was left abandoned in the street outside his lot, with the title signed over to him lying in the front passenger seat, by a rather irrational motorist who believes that he puts himself at the risk of a crash, and possibly his own fatality, if he were to drive his car any longer. there's been a lot of this going around crazy sam's used car emporium lately. in fact, crazy sam has about 45 of these abandoned luxury cars and he just doesn't have the room in his lot for them all. what's more, he's having a hard time selling them because everyone in town just wants to get rid of their cars because they just aren't safe, plain and simple.

the best part is that you just arrived from out of town. you're visiting your friends on vacation and you need to rent a car. strangely, everywhere seems to be out of business because of places like e-rent-a-car, who had a strange thing happen on the way to the forum: customers just went rent-crazy! they rented all kinds of cars, vans, trucks, suvs, etc. that they just could never afford in a million years. well, thank god they don't have to be responsible if something happens, right? it's just a rental. (of course, everyone crashed and/or committed too many moving violations that all the rental vehicles were totaled/impounded.) but you know what? the only place open is crazy sam's. he must be crazy if he's open in these conditions. not only is he open, but he's got proverbial diamonds in the proverbial rough and he wants to sell everything to you. yes, you. your mom, too. and your grandma and your brother and your neighbor and anyone else with 5k in the bank. oh, is that too much? ok, maybe 4k because you have such a friendly face.

you may think that crazy sam isn't making a lot of money. after all, he's clinically insane for selling you an H3 with 40 miles on it for $4,999 with no money down and 0% apr financing for the life of the 5-year loan you have with him on the side - at a monthly payment of $83.32. but just remember, crazy sam was gifted this vehicle. and since it's a gift, that's $4,999 that appeared out of thin air. in fact, when demand came back, he started selling the rest of those cars for double what you got yours for. and now he's got an extra $400k that was $0 last month. that would be a 40,000,000% profit margin - if it were possible to have a return on zero dollars. finally - someone was able to beat the profit margin on soft drinks!

what's the point of crazy sam? there's a few things here: in a recession, the little guy gets screwed because he's so scared that he will lose his financial well-being. after all, it may have happened to him just under eight years ago already. the smart ones start buying up all the discounted goods at the best brokerage houses, who rake in the big bucks from commissions. does it matter to the investor that ameritrade is making commissions off them? hell, no! the investor is too preoccupied with how thankful he is of the situation to buy at such discounted rates. meanwhile, ameritrade stock just keeps on going down while they make über-bank!

i looked at the other member mentioned on the news article, too. schwab just doesn't have as large of a growth rate in the past or projected future. plus, i can't stand those creepy-looking commercials with the quasi-cartoon people. ameritrade on the other hand has 1) a deliciously out of the control growth rate thanks to a flood of people wanting to get in on the market, 2) a better savings account deal at 5.30% than e*trade's 5.05%, 3) reliable advisory services - which is important because remember!, the little guy is freaking out right about now, 4) a flash animation on their website reminiscent of the incredible machine, and 5) sam waterston was just oh-so nice to kathleen turner after finding out she was serial mom. god, i just love everything that has to do with that movie. (sam waterston does ameritrade commercials in case you didn't catch that.)

you win some and you lose some

but this one is a win.

went to casino last night for a bit and pushed some buttons. i walked out with $50 more than the $80 that i brought. considering i only played on $60 dollars throughout the small amount of time that i was there, i'm calling that an 83.33% return.

so, is it worth it to play at the casino? when you only win $50 on $60, then no, not really.let's consider all the variables: foul, smelly, disgusting people; a rank stench on your person by the time you leave no matter how long you were there; you could win lots; you could win a small amount; you could leave with less than what you brought; you could leave after losing everything you brought; you could leave without your house and car (woah). you won't break even. you just won't because if you leave with the same amount of money, you will have taken a loss by subjecting yourself to such an environment.

personally, the casino has been a source of significant and immediate profit for myself. (roughly $12,000 on the $4,000 or so i have gambled in my lifetime) the fact that i cannot attribute this to any form of skill (unless you call having dumb luck a skill, which you may) makes me say that casinos are good for one thing and one thing only: to widen the gap between the rich and the poor.

therefore, the only way it's worth it is if you go in to play a game with high risk and high reward. you must not stay and play for a long time because it's boo nasty. if you lose, that's ok because you probably would have lost anyway if you played a lower risk game - but only after wasting the possible hours and hours of your life in the process. so, if you're so inclined, take $100 and go spend 5 minutes on the 5-line $5 slots ($25 per pull). when you get something like this (my largest win)...



...then you'll thank me - even if you have to pay taxes on it. otherwise, you really won't thank me at all. so then don't do it. it's not for you.

how to make $ in stocks

first, click here and sign up with zecco. if you do it through here, i'll get $50. i'll share it with you if you want. please and thank you.

why zecco?

1) it's cheap...4.50 per trade for stocks. don't trade mutual funds through there. don't get an IRA through there (transfer fees are low, but why have fees when you don't have to?). don't trade on margin. don't do options if you don't understand them. if you accumulate or start with $2,500, you get 10 free trades per month for whenever you have and hold that balance. that's a fucken good deal and i plan to take full advantage of it. transfer your money via ACH to avoid all fees. don't transfer money out until it says it has cleared (wait three days after you sell stock if you need to remove money from the account), otherwise, you'll get a high fee with interest. not hot.

2) omg it's like facebook for trading stocks. seriously...profile with pictures and a forum and communities. you can talk about whatever, but people tend to just talk about trading. it's so cute i could scream.

3) the logo is pink and i know how you just love gay things.

4) you need $0 to start. just put in whatever you were going to go play at the casino. you would have lost there anyway, let's face it. unless you're me.

then, after you've signed up and you're logged on, find me. my user name is nosenseofstyle. add me as your friend! because i am your friend. mmkay.

as for now, if you already have a stock account, my call is e*trade. god, i wish i had the money to buy it. i would have bought at $2.50. fucken ass... don't put too much in. there's talk that they could fold. but if they don't fold, you will end up making money because the stock really can't possibly go much lower. hee hee! poor baby. it dropped like your grandma over the past month or two.