dirtyhairy Posted August 26, 2015 Share Posted August 26, 2015 I am looking at buying individual stocks and I'm looking at GLD, hovering around $107. I am excited if it drops below $105. NetFlix is another value, if it too drops another $2's. With the DOW moving down, then back up, there is money to be made and as I'm no expert, this is fascinating times. Quote Link to comment Share on other sites More sharing options...
kicker Posted August 26, 2015 Share Posted August 26, 2015 These are the times that amateurs get murdered in the market. Quote Link to comment Share on other sites More sharing options...
capologist Posted August 26, 2015 Share Posted August 26, 2015 Never saw the advantage of individual stocks. Rather go with mutual funds... Quote Link to comment Share on other sites More sharing options...
Guest facelessman07 Posted August 26, 2015 Share Posted August 26, 2015 Such a dangerous game. Quite honestly, if you have a pretty sum I'd find a good financial advisor and go from thereI used to trade stocks when I was 15, no lie. My teacher and I used to hang out during school break times to discuss what to buy or sell. I'll never forget buying GOOG shortly after it came out. Should've invested in BIDU when it premiered or TZOO. But part of the gamble is not getting too attached and knowing when to let go Quote Link to comment Share on other sites More sharing options...
Billy Ocean Posted August 26, 2015 Share Posted August 26, 2015 Bulls make money. Bears make money.Pigs? They get slaughtered. Quote Link to comment Share on other sites More sharing options...
Guest facelessman07 Posted August 26, 2015 Share Posted August 26, 2015 One stock to keep an eye on is CELG. Celgene is in the process of starting Phase 3 Clinical Trials for a novel drug called mongersen, an oral medication that could be a game changer in the treatment of Crohn's Disease and potentially other autoimmune disorders. Instead of blocking TNF like other drugs, it manipulates your RNA if my memory serves correctly. Initial results have been promising but some of the methods in the study need to be refined Keep an eye on that'un Quote Link to comment Share on other sites More sharing options...
Sponge Posted August 26, 2015 Share Posted August 26, 2015 I was considering buying stock in Nike a couple of months ago. I had stock in AT&T and Home Depot for over 10 years but sold them to help pay off my mortgage. Quote Link to comment Share on other sites More sharing options...
Sponge Posted August 26, 2015 Share Posted August 26, 2015 One stock to keep an eye on is CELG. Celgene is in the process of starting Phase 3 Clinical Trials for a novel drug called mongersen, an oral medication that could be a game changer in the treatment of Crohn's Disease and potentially other autoimmune disorders. Initial results have been promising but some of the methods in the study need to be refinedKeep an eye on that'unHow much a share? Quote Link to comment Share on other sites More sharing options...
Guest facelessman07 Posted August 26, 2015 Share Posted August 26, 2015 How much a share?Right now about $118But if the study succeeds that number will skyrocket, easily. Celgene has big hopes for the drug, they paid $2.6 BILLION for the rights to it, development, etcBillion with a "B" Quote Link to comment Share on other sites More sharing options...
Statick Posted August 26, 2015 Share Posted August 26, 2015 Buying stock options are safer. You can make money whether a stock goes up or down. You have to know what you're doing in order to get out and not lose though. Quote Link to comment Share on other sites More sharing options...
Billy Ocean Posted August 26, 2015 Share Posted August 26, 2015 Yeah, options trading is best left to more sophisticated investors. Quote Link to comment Share on other sites More sharing options...
Sponge Posted August 26, 2015 Share Posted August 26, 2015 Buying stock options are safer. You can make money whether a stock goes up or down. You have to know what you're doing in order to get out and not lose though.I got the point where I quit watch my stock because the up and downs where stressing me a little. I honestly had no idea what to do so I left it alone. Quote Link to comment Share on other sites More sharing options...
kicker Posted August 26, 2015 Share Posted August 26, 2015 Buying stock options are safer. You can make money whether a stock goes up or down.You have to know what you're doing in order to get out and not lose though.That is partially what I meant about amateurs getting killed in this market. They don't understand the volatility, they make decisions based on emotion, or they are simply ignorant to the stocks they are buying. You don't buy a stock you just started watching. You buy a stock you've watched for a while. And for ****s sake, dollar cost average your trades in this market. We could easily drop another 10%. Quote Link to comment Share on other sites More sharing options...
Andras Posted August 26, 2015 Share Posted August 26, 2015 Is this for the short term? It's looking rather mountainous right now. You'll need to keep an eye on your investments or else you won't even reach the pedals. Quote Link to comment Share on other sites More sharing options...
lostone Posted August 27, 2015 Share Posted August 27, 2015 Lol the things people do when the market jumps around... Rich people buying up like crazy... Someone bought at the -1000 and made a mint! Quote Link to comment Share on other sites More sharing options...
lostone Posted August 27, 2015 Share Posted August 27, 2015 There were guys liquidating their accounts to cash... Freaking idiots Quote Link to comment Share on other sites More sharing options...
Sponge Posted August 27, 2015 Share Posted August 27, 2015 I play it safe and don't look for the big score. I made mine over a long period of time by not watching the market everyday.That's what I did.There were guys liquidating their accounts to cash... Freaking idiotsThey're going to regret it by the end of the week. Quote Link to comment Share on other sites More sharing options...
Sobeit Posted August 27, 2015 Share Posted August 27, 2015 Gold, Silver, and Lead. Quote Link to comment Share on other sites More sharing options...
Sponge Posted August 27, 2015 Share Posted August 27, 2015 What do you guys think about buying oil since the price of a barrel has dropped and still dropping? Btw, I seen gas for $2.17 a gallon today Quote Link to comment Share on other sites More sharing options...
lostone Posted August 27, 2015 Share Posted August 27, 2015 (edited) Gold, Silver, and Lead.EL Oh ELGold and silver are the matra of late night conservative radio... and back in 08 and 09 it was like 2.5k an oz... its now 1.1k an oz... silver is worse... If society collapses, your gold is worthless... no one wants a shiny rock instead of life essentials... Edited August 27, 2015 by lostone Quote Link to comment Share on other sites More sharing options...
Sponge Posted August 27, 2015 Share Posted August 27, 2015 EL Oh ELGold and silver are the matra of late night conservative radio... and back in 08 and 09 it was like 2.5k an oz... its now 1.1k an oz... silver is worse... If society collapses, your gold is worthless... no one wants a shiny rock instead of life essentials... You can at least use cash to keep a fire going. I can't come up with any survival technique for a shiny rock. Quote Link to comment Share on other sites More sharing options...
lostone Posted August 27, 2015 Share Posted August 27, 2015 You can at least use cash to keep a fire going. I can't come up with any survival technique for a shiny rock.makes sparks for fires? Quote Link to comment Share on other sites More sharing options...
Sponge Posted August 27, 2015 Share Posted August 27, 2015 Do gold nuggets spark if you hit them together? Quote Link to comment Share on other sites More sharing options...
lostone Posted August 27, 2015 Share Posted August 27, 2015 Do gold nuggets spark if you hit them together? sobeit will let us know Quote Link to comment Share on other sites More sharing options...
Sponge Posted August 27, 2015 Share Posted August 27, 2015 sobeit will let us knowYou should know this since you have two rocks in your avatar. Quote Link to comment Share on other sites More sharing options...
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