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Old 10-16-2008, 12:56 PM   #1
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Anyone playing the stock market now?

I'm hoping by this time next year I can have enough money put away that I can dabble in it. My parents just bought some GMC stock at 4.7x and it's up over 6 now.... I know a bunch of guys that play the market daily and are making a killing.

Right now is the best time to be in it, if you got the money.

I'm interested in Ford, GM, AMD and INET. AMD is near it's 52 week low of 3.00. They are getting ready to post their earnings tomorrow too I believe... it may go even lower. I think in the long run, even a buy in right now will net you a large profit over 2 years...
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Old 10-16-2008, 01:04 PM   #2
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Re: Anyone playing the stock market now?

Ive been thinking about it. Im leaning towards it. But still undecided.
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Old 10-16-2008, 01:14 PM   #3
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Re: Anyone playing the stock market now?

yes, but ive lost some. i put in some money about a month ago and it went down even more. im pretty sure most of it will go back up again though.

ive been more interested in tech companies...

google is half of what it was at its peak, apple is down a ton, cisco, sun, oracle, etc. alot of these companies are very undervalued.

GOOG - Google Inc. - Google Finance

i also increased the amount i put into my 401k. im pumping money into the S&P 500, russell 1000, and foreign markets.
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Old 10-16-2008, 01:25 PM   #4
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Re: Anyone playing the stock market now?

I'd love to right now with all the companies being in the tank...however, finaces don't allow it...I'd love to pick up a few grand worth of several stocks out there right now...I could retire in a few years.
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Old 10-16-2008, 02:30 PM   #5
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Re: Anyone playing the stock market now?

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I'd love to right now with all the companies being in the tank...however, finaces don't allow it...I'd love to pick up a few grand worth of several stocks out there right now...I could retire in a few years.
Exactly !!! Some of the top people at my job are buying up stock like crazy Takes money to make money
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Old 10-16-2008, 02:58 PM   #6
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Re: Anyone playing the stock market now?

Yea, I really wish I had the cash to buy cheap stock right now. When the market finally rebounds... whew
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Old 10-16-2008, 04:54 PM   #7
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Re: Anyone playing the stock market now?

AMD heavily trims 3Q loss, revenue up 14 pct - Forbes.com

Could have bought that for in the high 3.xx range this morning.

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Old 10-16-2008, 07:25 PM   #8
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Re: Anyone playing the stock market now?

I need to...almost did a week or so ago when it was bottoming out. Just can't make myself give up liquid investments for a long-term thing at the moment.
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Old 10-16-2008, 08:03 PM   #9
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Re: Anyone playing the stock market now?

If I ever get into the stock market, I'll be buying short term. I don't see myself going longterm. I might on a stock or two... but right now.... even three years from now... the economy is ripe for short term.
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Old 10-17-2008, 08:38 AM   #10
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Re: Anyone playing the stock market now?

Buffett gives investment tips in op-ed - Oct. 17, 2008
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Old 10-17-2008, 06:14 PM   #11
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Re: Anyone playing the stock market now?

I'm seriously considering buying a LARGE amount of Lehman Brother's stock right now. It's at 7 cents a share... and they are about to get a huge bailout.

5000 shares would only cost me $350 bucks... And for every cent it goes up, I could make $50...
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Old 10-21-2008, 03:21 PM   #12
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Re: Anyone playing the stock market now?

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I'm seriously considering buying a LARGE amount of Lehman Brother's stock right now. It's at 7 cents a share... and they are about to get a huge bailout.

5000 shares would only cost me $350 bucks... And for every cent it goes up, I could make $50...
Less than 5 cents a share now.

If Ford dips below $1 I'm in for 1000 shares.

http://money.cnn.com/news/newsfeeds/...5_FORTUNE5.htm
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Old 10-22-2008, 12:20 PM   #13
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Re: Anyone playing the stock market now?

Lehman was a good buy in the 4 cent range. Went back up to 7 cents today on some good news... as good as you can have for Lehman. 500 dollars in it would have almost doubled your money.
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Old 10-23-2008, 08:25 AM   #14
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Re: Anyone playing the stock market now?

401k investments only currently, after thats setup how I want it I plan to invest but not in risky things trying to make a quick buck, thats how you lose your money generally
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Old 02-17-2009, 08:24 AM   #15
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Re: Anyone playing the stock market now?

Well guys, Friday I bought 788 shares of Sirius @ .11 a share on a gamble they wouldn't file chapter 11 today. Looks like I won the Sirius lottery!

SIRI - Sirius XM Radio Inc. - Google Finance
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Old 02-17-2009, 09:09 AM   #16
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Re: Anyone playing the stock market now?

I got an order in for 1000 more shares if she hits .15 again
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Old 02-17-2009, 10:28 AM   #17
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Re: Anyone playing the stock market now?

I'm in for 1000 more shares
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Old 02-17-2009, 03:15 PM   #18
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Re: Anyone playing the stock market now?

nice
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Old 02-17-2009, 08:12 PM   #19
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Re: Anyone playing the stock market now?

It might have been a good day for SIRI if the stock market as a whole didn't take a dump. Oh well, I went in with a plan of holding on for a few months anyway. We shall see what happens.
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Old 02-20-2009, 06:38 AM   #20
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Re: Anyone playing the stock market now?

Gobble Gobble

Buy 5,500 SIRI Limit GT 60 0.0900

Earnings are announced Wednesday and I think we will see sub .10 before then. I think they will meet or beat earnings.
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Old 04-03-2009, 10:16 AM   #21
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Re: Anyone playing the stock market now?

Someone else on here needs to start playing in the stock market. Tired of talking to myself!

I'm in 66k @.0182 average for SPNG

SPNG - Spongetech Delivery Systems, Inc. - Google Finance

I hold JNIP, MODC and CTIC. Only JNIP is up out of those three though. CTIC has long term potential so I'll probably have that one for awhile. MODC is just crap.
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Old 04-03-2009, 07:43 PM   #22
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Re: Anyone playing the stock market now?

Know nothing about it.
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Old 05-13-2009, 06:31 AM   #23
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Re: Anyone playing the stock market now?

I don't follow the market, but I saw on the news this morning that the european union fined intel over a billion dollars for driving AMD out of the market. Curious about any effect it had on share prices. (I'm too lazy to look it up myself and I can't link the story easily from my phone )
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Old 05-13-2009, 01:27 PM   #24
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Re: Anyone playing the stock market now?

Didn't have a drastic impact on it. I'm up big on SPNG though today.
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Old 05-13-2009, 04:45 PM   #25
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Re: Anyone playing the stock market now?

I want in soooo bad, just don't really know where to start. If Ford goes back into $3.00 I am buying in. I was glad to see the 300million shares they were selling as the stock should have dropped back lower, but it steadied a little today after a fall yesterday... in the $4/$5 range.

But I need to find some good penny stocks...
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Old 06-04-2009, 10:18 AM   #26
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Re: Anyone playing the stock market now?

SPNG maketh me happy!

SPNG - Spongetech Delivery Systems, Inc. - Google Finance

Averaged in at .0181 and I own 66200 shares now (sold off 15000 to make up for Chrysler being a ******!)
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Old 06-04-2009, 10:26 AM   #27
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Re: Anyone playing the stock market now?

I dumped a pile of money into AMD and Dell on Friday. It's been a pretty good week, for me.
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Old 06-04-2009, 10:29 AM   #28
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Re: Anyone playing the stock market now?

Very nice. Glad you finally got your **** setup.
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Old 06-04-2009, 04:13 PM   #29
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Re: Anyone playing the stock market now?

I've got some long-term stocks in there that I'm not too worried about since I don't plan on taking them out any time soon.
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Old 06-04-2009, 06:17 PM   #30
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Re: Anyone playing the stock market now?

I need to get something going here pretty soon.
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Old 06-05-2009, 11:24 AM   #31
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Re: Anyone playing the stock market now?

SPNG hit .10 a share today and now sits at .095.

Make it rain, I must.
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