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Old 02-12-2007, 10:33 PM   #16
TMacsOneGoodEye
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Default Re: Ot: I Am Rich!

Quote:
Originally Posted by IceMan2
When was the last time you made $400 without doing any work and living your life at age 16?

But the more amazing part is, I can't believe it doubled, how often does that happen?

Can't participate in the stock game until you are at least 18 yrs of age.

Jeff, get me this kids IP address. I'm reporting him to wall street.

You're in big trouble little guy.
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Old 02-12-2007, 10:38 PM   #17
VCDrivesAPorscheToWork
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Default Re: Ot: I Am Rich!

Quote:
Originally Posted by TMacsOneGoodEye
Can't participate in the stock game until you are at least 18 yrs of age.

Jeff, get me this kids IP address. I'm reporting him to wall street.

You're in big trouble little guy.




TMOGE, you are 9 votes behind Kwajo for West lead vote getter. wouldn;t you want the distinction of being #1?
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Old 02-13-2007, 05:56 PM   #18
IceMan2
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Default Re: Ot: I Am Rich!

Guys

It went up another 7%. Should I sell it now?
Or let it keep going

The reason it went up was because of some Cancer drug test success.

Will it fall now? Or should I keep it?

Anybody who is good with stocks?
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Old 02-14-2007, 04:04 PM   #19
joe lucky
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Default Re: Ot: I Am Rich!

Quote:
Originally Posted by IceMan2
Guys

It went up another 7%. Should I sell it now?
Or let it keep going

The reason it went up was because of some Cancer drug test success.

Will it fall now? Or should I keep it?

Anybody who is good with stocks?

1) look at the company's financials i.e. does it have alot of debt? Thats always a good indicator for me. Read public disclosures. Know the damn company in and out.
2) look at the sector. Not just the biotech sector but the particular sector the company falls into (i.e. ____ cancer pharmaceuticals, etc). How is that sector doing?
3) how does that sector perform in the particular overall cycle we are in in general?
4) look at bellweather companies in the sector, similar competitors if applicable, etc. Calculate per share profit margins (this should be a single number that you can compare with other companies) usually financials will have this set up for you already.
4) read some investing books. Its not always going to be your lucky day. Trust me.
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Old 02-14-2007, 10:19 PM   #20
KnicksForever
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Default Re: Ot: I Am Rich!

i'd suggest anyone to buy vanguard stocks/bonds if you want to play safe. i invested $12,000 in it and last quarter i earned about $450 dividends from it, international and domestic stocks. its value also went up to $12,600 in the quarter which i think is very nice. if i put the moeny in savings i wouldn't earn this much, you know. not even close.

toyata stocks are pretty good too. the thing that pisses me off everytime i think about toyota stocks is last year i was told by a close friend that toyota stocks will boom very soon and that he suggested me to buy some of the stocks right away before it becomes too high. and i did not take him seriously... ****. now i am like sh!t should i buy some now? is it too expensive? ... i hate being stuck like this
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