i bought 1,136 shares of compliance systems corp. (copi) at 0.089. let's hope i win.
Wednesday, January 23, 2008
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.
Sunday, January 20, 2008
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.)
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.)
Saturday, January 12, 2008
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.
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.
Thursday, January 10, 2008
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.
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.
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