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Post by Pikachu on Oct 16, 2008 15:14:40 GMT -5
Activision Blizzard can make you lots of money on either within the same day or the next. It has been constantly hovering between 11.60ish per share and 13 per in two day intervals.
Wachovia is win if you can get into its patterns of lows and highs.
WB eh.
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Post by dyuman on Oct 17, 2008 11:36:52 GMT -5
Limit Order: ATVI 12.50, 36 shares.
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Post by Pikachu on Oct 17, 2008 17:54:53 GMT -5
Wish I had more money in play when ATVI was at 11.50. I hella wanted to buy it because the video game industry is strong. Freaking Wachovia took a dip for me, so I need to wait for some unsettled cash to flow again and wait for some of my stock to go up. If I had even more money to play with, I'd have bought Gamestop. Their stock went up a good bit just with their Fable II midnight release news.
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Post by Pikachu on Oct 17, 2008 17:56:34 GMT -5
Oh yeah, hella companies are doing quarterly earnings reports next week... check on those too. I think people will clamor for any slight sign of hope now that Warren Buffet has told people to sack up and buy stocks. Stuff goes up when he speaks. Stocks drop like a bag of crap when Bush/Paulson/Perino decide to talk.
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Post by Pikachu on Oct 23, 2008 11:15:00 GMT -5
Wachovia reported $24 billion losses in 3Q. Shares dropping. Buy them while cheap, because with Wells Fargo rescuing them, it's inevitable the shares will climb in value in the long run. Need proof? Look at the Wachovia that's still gonna open on De Anza Blvd. That's a really good sign.
Citigroup should be a decent long term investment once they bottom out as well. They just cut hella jobs and reported losses, with Goldman Sachs downgrading them to sell (which means buy, because there's no way in hell the government will let Citigroup fail). Their share prices aren't gonna be sky high, even within a year, but it's a chance to scoop up something cheap for the long run here as well.
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Post by dyuman on Oct 23, 2008 12:04:23 GMT -5
Blah, I screwed up my trade on blizzard. Got antsy. If I left my order at the limit of 12.50 as I had originally intended I would have got it today instead of paying $1 more per share.
As for wachovia, just read through the wells fargo thing. Not entirely sure if it'll be worth it because the market is already aware of the news and plans from wells fargo. The stock is going to be extremely dilluted by offering of 20 billion dollars worth of shares.
I had a case where stocks were dilluted in an HDTV company that went under and the stock price tanked (and eventually went bankrupt).
I say avoid them for now.
BTW josh, Fannie Mae is 53 cents now if you want in for long term. I'm considering buying more.
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Post by Pikachu on Oct 24, 2008 18:03:30 GMT -5
I don't think Wachovia is going up by a lot anytime soon, which is fine because it's a long term investment. There were some random spikes during the volatility of the past two weeks where someone could have made some quick cash, but this week it's been fairly stable in comparison to a lot of other banks. Wachovia isn't going under, and having the public know about this is good, because it comes off as stable.
I am wondering if I want to put money in ATVI anymore. They're announcing earnings this week, and I don't know if Guitar Hero sales will factor in them. If they do, then I'll try to pick up some shares between $11-12 and see if it'll made a quick buck. My question here is that they've been one of the most stable video game companies throughout this entire month, which begs the question whether there's as much room for growth as buying shares in banks that will make a comeback (while collecting dividends). Meanwhile EA and Gamestop's shares have been plummeting the past two days. These two stocks are ones with some room to gain back their value, especially because they're bigger monsters than Activision.
I got shares of Fannie Mae already when the prices dropped again.
If the Democrats gain a clean sweep this election and control the entire government, I may put money into American car companies. This hinges on Obama investing money into the industry along with Congress forcing higher standards on our products making them more (gasp!) competitive. And maybe people might.. oh.. I dunno... buy them? Ford's $2 a share right now. Just a thought to throw out there.
Of all the stocks I am looking at, I'm looking for undervalued stocks that will make it out of this clusterfuck. That's why I'm staring at so many banks that haven't imploded. Stuff like Citigroup and Morgan Stanley are at hella low prices for what they could be worth in the long run. Whatever old people invested in and are now liquidating, I want to be there to pick up.
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Post by Pikachu on Oct 28, 2008 19:27:33 GMT -5
I have 100 shares of ATVI at 11.30. Gonna sell it on Nov. 5 when they announce their earnings.
Picked up more shares of Morgan Stanley today when they dropped. I am still in the red for MS, but I expect them to rebound in the coming months.
Wachovia jumped 70 cents today.
I have 4500 dollars in play right now. No meltdown pls.
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Post by Pikachu on Nov 6, 2008 20:28:54 GMT -5
I shoulda sold some stock on the Election Day rally, then bought again today. Oh well.
Activision Blizzard still going strong, despite posting a loss this quarter because of the Vivendi merger. They're projecting a huge profit for this quarter despite hard times because of Wratch of the Bitch King, WoW revenues, and Guitard Hero. Gonna sell on 4th quarter earnings.
I swear to God, anyone who has some money they can afford to put away for a bit, get some stocks in banks, sack up and let it fluctuate, and you will see returns when credit flows again.
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Post by Pikachu on Dec 17, 2008 15:12:15 GMT -5
Morgan Stanley is reporting 2.37 billion in losses for fourth quarter and the stock is up. WTF?
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Post by dyuman on Dec 17, 2008 17:50:16 GMT -5
speculation.
Buying stocks and junk have become so..... fucking retarded (not retarded, but fucking retarded).
Example:
Nintendo makes record profits. 50% loss in stock value.
Blizzard having retardedly high sales from Wrath, guitar hero world tour out selling rock band 2 in november - 20% loss.
It's become more of a buying and selling based on what other people think, and figuring out what they think based on what they think of you...
That was sorta, always the case, but when the market is bullish, everyone is buying so it doesnt really matter.
As for the MS stuff in particular, i think the reason it went up is that because they did so badly, they're gonna be fine and get free money from the bailout.
I bet all these companies are writting off future expenses for this quarter as well, so that while they can get the bail out money to take care of it as a loss they will. Then later on their reported profits will be huge huge huge.
They're just playing the system again. Seems that no one wants to make money the honest way and put out actual numbers.
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Post by Pikachu on Dec 17, 2008 18:27:38 GMT -5
Yeah, seriously. Wanna run a Ponzi scheme?
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