I saw that this morning Messie, here's the story I saw, LOVE it as it's not dilutive and they are very forthcoming to their shareholders. I think we have a nice one here!!!! Thanks for getting me invested here :)
Magnum Completes $1 Million Schedule D Conventional Funding Subscription and When Fully Executed Will Produce $2 Million in Proceeds to the Company
08:00 a.m. 09/29/2008 Provided by
FORT LAUDERDALE, Fla., Sept 29, 2008 /PRNewswire-FirstCall via COMTEX/ -- Magnum D'Or Resources, Inc. (MDOR) (Magnum) announced that on September 30, 2008, the Company has completed $1,000,000 in non-dilutive type debt financing and is closing out its previously filed $1MM (Schedule D) subscription offer, dated April 30, 2008.
Funding was achieved through issue of 12% per annum promissory notes with associated warrants. The warrants will remain valid for a 2 year period and carry an exercise price of $1.00 per share. All warrants terminate during the 2nd and 3rd quarters of 2010. When fully executed, the combined debt and warrants will produce a total of $2,000,000 in proceeds to the Company.
The Company has received to date total proceeds of $1,000,000 for the issuance of the debt instruments without any payments to third parties or brokers. All proceeds have gone directly to the Company with no commissionable sales liabilities.
Proceeds of the funding will be used exclusively for the shipment, installation, and start-up activities associated with the initial phase of Magnum's Crumb Rubber and Powder Recycling Plant and ancillary equipment delivered to the Magnum Magog facility.
Complete financing of the plant was provided through the manufacturer, while the shipment and start-up costs are being financed through the previously described debt instruments.
The offering and sales were made without registration under the Act, or the securities laws of certain states, in reliance on the exemptions provided by Section 4(2) of Act and Regulation D under the Act and in reliance on similar exemptions under applicable state laws. The shares of common stock and the shares of common stock underlying the warrants are restricted as defined in Rule 144 of the Securities Act of 1933.
About Magnum:
Magnum currently holds open and unfilled contracts with NSS, LLC equating to over $130 Million USD over the next five years for the production of both rubber nuggets and rubber buffings. Magnum's proprietary "GREEN" technology provides a one of a kind solution to all of the challenges in eliminating Stockpiles of Scrap Tires and Global Waste through its turnkey recycling facilities.
Magnum, with its new proprietary technology and through licensing rights, owns a number of patents for the re-composition of rubber, the production of EPDM powders, and EPDM compounds that could potentially revolutionize the rubber recycling industry in North America and China.
Magnum's Magog Facility:
Magnum's 98,000+ sq ft mixed use building on approximately 10 acres of land is located at 2035 Rene-Patenaude Magog (Quebec), J1X 7J2 within the Technology Center of Magog.
About the upcoming Magnum "21st Century Business Solutions Series":
This series will be aired on CNBC, FOX, Hong Kong's Asia Television, and other Leading Networks. Magnum's North American television broadcast will air on CNBC and Fox Business Network to a combined audience of 114 million cable households.
http://tinyurl.com/3tpk5v
About the upcoming "Our Planet and Magnum's Television Series":
This show will be aired multiple times on Fox Business Network, CNN Headline News, Discovery Channel, CNN, MSNBC and Regional News Network, along with other networks.
http://tinyurl.com/3tzaf6
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Statements contained in this document that are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. The company is not required to update its forward-looking statements.
Contact: Magnum D'Or Resources, Inc., Fort Lauderdale Joseph Glusic, CEO, 305-420-6563 www.magnumresources.net mdor@magnumresources.net
http://www.magnumresources.net
Tuesday, September 30, 2008
POG
Is holding up extremely well considering how hard the dollar is rallying. $875-$900 is the range we need to keep.
Morning guys
Gold can't seem to get a strong close over $900!!!! It'll happen soon enough and $1000 should come quickly thereafter.
Looks like we're gonna see a lot of whipsaw action, and today's should boost our miners right back up as long as POG stays above $900!!!! Wish I had added some QLD & DDM EOD yesterday :( Nice day to add in some QID & DXD's with the futures up so much.
Oil trying to recover from yesterday's debacle and I still say we don't break $90 for a LONG time!!!
I threw out every single penny I could find in my house last night as a tribute to how horribly all the pennies have been doing :(
Big win for the Steelers last night, that was tough with Prison Break, Heroes & the game. What'd you think of the game LAT??? ;)
Looks like we're gonna see a lot of whipsaw action, and today's should boost our miners right back up as long as POG stays above $900!!!! Wish I had added some QLD & DDM EOD yesterday :( Nice day to add in some QID & DXD's with the futures up so much.
Oil trying to recover from yesterday's debacle and I still say we don't break $90 for a LONG time!!!
I threw out every single penny I could find in my house last night as a tribute to how horribly all the pennies have been doing :(
Big win for the Steelers last night, that was tough with Prison Break, Heroes & the game. What'd you think of the game LAT??? ;)
Monday, September 29, 2008
Asia & Australia
Already 3-5% down!!!! POG is holding $900 nicely, and I think it's in a beautiful formation to break out of to the upside.
JMO DYODD
JMO DYODD
Morning guys
Gold not doing bad, hanging in the $880's. Futures down a bit awaiting voting on the plan.
Sam, I'm a football wiz, mainly college, so we'll get you some "guarantees" for next Saturday.
As for my .10 cents, it is now $2.84 in just two days :)
Sam, I'm a football wiz, mainly college, so we'll get you some "guarantees" for next Saturday.
As for my .10 cents, it is now $2.84 in just two days :)
Sunday, September 28, 2008
Centsport.com
Got my account rolling guys. So far i'll have turned .10 cents to just under $3!!!!!
Not too bad ha??? I'm sure we'd all love to catch a .10 cent stock and ride it to $3!!!!!!!!
Not too bad ha??? I'm sure we'd all love to catch a .10 cent stock and ride it to $3!!!!!!!!
Big night ahead
Gold took a dive to $870 and has made it back to $876. We'll know more @ 8:00 EST.
VERY big week ahead to see how the markets digest the BS being thrown at them in terms of this "bailout" being a save all for our economy.
VERY big week ahead to see how the markets digest the BS being thrown at them in terms of this "bailout" being a save all for our economy.
Saturday, September 27, 2008
Go Blue
Huge comeback by Michigan wins me my first bet (I had Michigan +6, Mich/Wisc over 42, and Purdue/ND over 48). So I turned my .10 cents into .73 cents :)
I was going through the site and people have cashed out as much as $415!! Thats a nice hot streak to turn .10 cents into $415!!
As for Fish's Bulldogs (Fresno St), another wild game for them against UCLA, but they come out on top 36-31 to move to (3-1).
My Red Raiders (Texas Tech) have the week off and look to move to (5-0) next week.
I was going through the site and people have cashed out as much as $415!! Thats a nice hot streak to turn .10 cents into $415!!
As for Fish's Bulldogs (Fresno St), another wild game for them against UCLA, but they come out on top 36-31 to move to (3-1).
My Red Raiders (Texas Tech) have the week off and look to move to (5-0) next week.
Best site EVER
I found a site that gives you .10 cents to gamble (all for play), but if you get it to $20 you get a payout. Their advertisers pay it out so it's legal. You guys know i'm a recovering Gambler so this is awesome to give me the rush I need on Saturdays & Sundays through football when the markets are closed.
Check it out, it's really neat. Just placed my first bet .10 cents to win .633 cents
You can never fall below .10 cents so if I lose they give me another .10 cents. If you guys don't gamble then this will seem stupid, but if you gamble like I did on sports, you'll love it. Tough to turn .10 into $20 but i'll keep you guys posted.
I linked the site to the title (http://www.centsports.com/login.php)
Hope everyone is having a great weekend
Joe
Check it out, it's really neat. Just placed my first bet .10 cents to win .633 cents
You can never fall below .10 cents so if I lose they give me another .10 cents. If you guys don't gamble then this will seem stupid, but if you gamble like I did on sports, you'll love it. Tough to turn .10 into $20 but i'll keep you guys posted.
I linked the site to the title (http://www.centsports.com/login.php)
Hope everyone is having a great weekend
Joe
Friday, September 26, 2008
Poll
Looks like the $95-$105 range won. Who aside from me picked that?? The winners get 100 shares of QMNM ;)
Have a great weekend guys. Too bad we couldn't hold $900 this week :( Next week we'll get er done!!!
Go Fresno Fish!!!!!!
Have a great weekend guys. Too bad we couldn't hold $900 this week :( Next week we'll get er done!!!
Go Fresno Fish!!!!!!
(SGCP) Sierra Gold Corporation
Click on title for link to I-Hub SGCP homepage!!!!
I don't want you guys going crazy with pennies, but I have another that has me interested. They have 2 projects that should be starting up this next quarter, and a revenue stream from a joint venture. Currently at the top of a (.004-.007) range. I got 570,000 shares @ .0065.
Click on title for link to I-Hub SGCP homepage!!!!
I don't want you guys going crazy with pennies, but I have another that has me interested. They have 2 projects that should be starting up this next quarter, and a revenue stream from a joint venture. Currently at the top of a (.004-.007) range. I got 570,000 shares @ .0065.
Click on title for link to I-Hub SGCP homepage!!!!
HYDG
Volume exploding and has run from .07 to .50 in 3 days!!!!!!!!! Can't find any current news to explain it?????? Was almost $4 earlier this year!!!!!!!!!!!!
My $900 prediction
didn't come through for Gold, but very happy that we got back into the range($875-$900)
Miners are very confusing, I know they ran up 20%+ but I didn't expect such lackluster performances the past couple days??????
Miners are very confusing, I know they ran up 20%+ but I didn't expect such lackluster performances the past couple days??????
QMNM
????????? No news??? Dilution?????? .0017 Any ideas????? I'd love to add more, but if he can't show that he can create a profit, they are NOT getting out of BK!!!
Looking good
We'll see if my prediction for Gold comes true, when I "get that feeling", it usually comes true ;)
Thursday, September 25, 2008
I can feel it
I'm never trading till the end guys. I have a great feeling about tomorrow. I think Gold plows through $900 and our miners take off!!!! JMO
The Office 1 hour premeire 9:00 2Nite!!!!!
The Office 1 hour premeire 9:00 2Nite!!!!!
SKF
Booked $101.50 @ $104.45 (200 shares) Triple lot + exact price lot bought earlier.
Big move late here????? Someone thinks this isn't gonna look positive in the AM???
POG just ran $7 as well :)
Big move late here????? Someone thinks this isn't gonna look positive in the AM???
POG just ran $7 as well :)
RIMM????
Trading halted???? Can't get quotes, but see trades passing on CNBC ticker @ $81.30!!!!!!!
Now I got them!!!
Added @ $81.50
Now I got them!!!
Added @ $81.50
Seabridge
Running hard again, was under $17 today and is now pushing $18.50 (up 50%+ over the past 10 trading days). My 2000 shares are almost back in the money ;)
We're gonna love tomorrow IMO (for Gold)
We're gonna love tomorrow IMO (for Gold)
Very Important
Due to the 250+ gain in the Dow today, we are in an urgent situation that requires Congress to give the Treasury Secretary, Paulson, ABSOLUTE power in DUMPING gov't held bad debt onto the balance sheets of the financial companies that are causing this out of whack increase in the market. Furthermore, Mr Cox from the SEC has instituted a long buying ban so that nobody can take a long position in any stock that looks like it is part of the problem.
"These are dire times", said Secretary Paulson, "we are at risk of having financial and other stocks being valued at a price higher than what they are worth."
Hopefully this will help us in attaining a true valuation in the equity market.
Stupid FVCKS!! Imagine voting yes on their proposed plan. The only good thing is that it will create so much confusion and chaos that we are going to see volatility that we have never seen before, all based on speculation on what is being done and if it is helping at all. SKF-UYG-SKF-UYG-SKF-UYG-SKF $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
"These are dire times", said Secretary Paulson, "we are at risk of having financial and other stocks being valued at a price higher than what they are worth."
Hopefully this will help us in attaining a true valuation in the equity market.
Stupid FVCKS!! Imagine voting yes on their proposed plan. The only good thing is that it will create so much confusion and chaos that we are going to see volatility that we have never seen before, all based on speculation on what is being done and if it is helping at all. SKF-UYG-SKF-UYG-SKF-UYG-SKF $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
FFR well below target
Lots of chatter about a rate cut...FFR well below target indicating that's a good probability...
Euro & POG
If we can break 1.49 area then it's off to the races!!!!
Gold should break out of this wedge today or tomorrow IMO
Gold should break out of this wedge today or tomorrow IMO
Wednesday, September 24, 2008
Send me your addresses
I'm moving to Cancun guys. I'll get a private jet and we can live like kings down there.
Anything is better than this Government.
Anything is better than this Government.
Reponse I got from my Senator after writing her to say what I thought of Ben and Hank's assinine plan
Dear Mr. Fitzgerald:
Thank you for writing to me about the Bush Administration's proposal to bail out the financial industry. It's good to hear from you. There's no question that we are in a credit crisis. People who have saved for their retirement, been faithful in paying their mortgage, and worked hard to pay for college are wondering, 'What is going on?' They've watched Wall Street executives pay themselves lavish salaries. They've watched irresponsible lending practices. They've watched casino economics, gambling on risky investment mechanisms. Now those very same Americans who've worked hard and played by the rules are being asked to pay the bill for those who didn't. Congress must act promptly to restore confidence and stability in the economy. But I will not be stampeded into voting for the Bush Administration bill. During the last seven years, every time there's a crisis, they generate fear and they generate bad ideas. This three-page bill gives the Secretary of the Treasury unlimited power to intervene in our financial markets without any review by Congress, agencies, or courts. It cannot be rubber stamped by the Congress. At the minimum, the plan must be limited and temporary - not open-ended. There can't be any golden parachutes that reward executives for their excesses and their recklessness. No blank checks. There also must be a plan for those who have been hit hardest by the mortgage crisis.
Knowing of your views is very helpful to me. I will keep them in mind as the Senate continues to debate the President's economic plan. Thanks again for getting in touch. Please let me know if I can be of assistance to you in the future.
Sincerely, Barbara A. MikulskiUnited States Senator
Thank you for writing to me about the Bush Administration's proposal to bail out the financial industry. It's good to hear from you. There's no question that we are in a credit crisis. People who have saved for their retirement, been faithful in paying their mortgage, and worked hard to pay for college are wondering, 'What is going on?' They've watched Wall Street executives pay themselves lavish salaries. They've watched irresponsible lending practices. They've watched casino economics, gambling on risky investment mechanisms. Now those very same Americans who've worked hard and played by the rules are being asked to pay the bill for those who didn't. Congress must act promptly to restore confidence and stability in the economy. But I will not be stampeded into voting for the Bush Administration bill. During the last seven years, every time there's a crisis, they generate fear and they generate bad ideas. This three-page bill gives the Secretary of the Treasury unlimited power to intervene in our financial markets without any review by Congress, agencies, or courts. It cannot be rubber stamped by the Congress. At the minimum, the plan must be limited and temporary - not open-ended. There can't be any golden parachutes that reward executives for their excesses and their recklessness. No blank checks. There also must be a plan for those who have been hit hardest by the mortgage crisis.
Knowing of your views is very helpful to me. I will keep them in mind as the Senate continues to debate the President's economic plan. Thanks again for getting in touch. Please let me know if I can be of assistance to you in the future.
Sincerely, Barbara A. MikulskiUnited States Senator
What a fvcking circus
I love how CNBC took commercials whenever someone had a valid point that you knew the two stooges couldn't answer.
There is ABSOLUTELY no reason for this to get rushed into approval, other than to prevent the market adjusting to true values. There is no way this should be passed without taxpayer approval. These Representatives have been warning the two stooges for over a year and they've been saying "the economy is strong". Now these same Representatives are going to approve giving $700 billion to the same stooges that LIED to them over the past year????????
IMO the POG is about to EXPLODE through $900 by the end of the week. Miners are going to continue to build on the 25%+ gains they've seen over the past couple weeks.
There is ABSOLUTELY no reason for this to get rushed into approval, other than to prevent the market adjusting to true values. There is no way this should be passed without taxpayer approval. These Representatives have been warning the two stooges for over a year and they've been saying "the economy is strong". Now these same Representatives are going to approve giving $700 billion to the same stooges that LIED to them over the past year????????
IMO the POG is about to EXPLODE through $900 by the end of the week. Miners are going to continue to build on the 25%+ gains they've seen over the past couple weeks.
MMTE & MDOR
MMTE looks ready to get back to the .0016-.002 range!!
MDOR creeping up daily and a close of .60 or higher for a couple days sets us up for a run at .85 IMO
MDOR creeping up daily and a close of .60 or higher for a couple days sets us up for a run at .85 IMO
Housing
Down again on existing sales and average price. Once again 35-40% of the sales are from distressed homeowners (foreclosure or foreclosure related)
Long way to go guys, bail out or not!!!
Long way to go guys, bail out or not!!!
Tuesday, September 23, 2008
FNM & FRE
Coulda made a bundle holding onto my sub dollar lots, oh well!!
Not very interested in trading today, gotta get motivated!! LOL
Not very interested in trading today, gotta get motivated!! LOL
MMTE
Comes to $256,000/year revenue for the working interest in these wells. These aren't the wells they drilled which we have no numbers on yet?
MMTE P/R
Mammoth Energy Group, Inc. Announces Pawnee County Production Update
08:31 a.m. 09/23/2008 Provided By Market Wire
WINSTON-SALEM, NC, Sep 23, 2008 (MARKET WIRE via COMTEX) -- Mammoth Energy Group, Inc. (PINKSHEETS: MMTE) is pleased to announce initial flow rate production numbers for its Pawnee county wells. Management for the project operator, Mandalay Energy Resources, states they have had enough fluid recovery to estimate initial flow rates to be 175 BOPD for the 7 wells combined. Mandalay anticipates a significantly higher total production number, but at this time, estimates on the 4 incomplete wells in this group can only be based on their initial fluid recovery rates.
The first tanker of oil was sold and picked up from the 3 completed Pawnee county wells. As the remaining 4 wells get on pump, oil pickup is expected to become a daily occurrence.
"I am excited to see the pending completion of wells 4 through 7," states CEO Joe Overcash. "Our operator expects to have all 7 wells on pump by week's end and production updates will be forthcoming as the days and weeks progress."
About Mammoth Energy Group, Inc.
Mammoth Energy Group, Inc. is focused on developing shallow gas projects in northeastern Oklahoma due to the low risk, blanket characteristics in the area that make it possible to drill and produce a well nearly every time. It is currently focused on developing its Noble and Kay County properties in Oklahoma that covers approximately 1,400 acres
08:31 a.m. 09/23/2008 Provided By Market Wire
WINSTON-SALEM, NC, Sep 23, 2008 (MARKET WIRE via COMTEX) -- Mammoth Energy Group, Inc. (PINKSHEETS: MMTE) is pleased to announce initial flow rate production numbers for its Pawnee county wells. Management for the project operator, Mandalay Energy Resources, states they have had enough fluid recovery to estimate initial flow rates to be 175 BOPD for the 7 wells combined. Mandalay anticipates a significantly higher total production number, but at this time, estimates on the 4 incomplete wells in this group can only be based on their initial fluid recovery rates.
The first tanker of oil was sold and picked up from the 3 completed Pawnee county wells. As the remaining 4 wells get on pump, oil pickup is expected to become a daily occurrence.
"I am excited to see the pending completion of wells 4 through 7," states CEO Joe Overcash. "Our operator expects to have all 7 wells on pump by week's end and production updates will be forthcoming as the days and weeks progress."
About Mammoth Energy Group, Inc.
Mammoth Energy Group, Inc. is focused on developing shallow gas projects in northeastern Oklahoma due to the low risk, blanket characteristics in the area that make it possible to drill and produce a well nearly every time. It is currently focused on developing its Noble and Kay County properties in Oklahoma that covers approximately 1,400 acres
SKF
Big gap here from the pullback last week. Booked all mine late yesterday and next lot is $116.20 :o !!!
Morning guys
Gold holding strong around $900 and oil around $108.
I think today turns out to be a boring day with us being a little bit down and a little up (no 200 point swings)
I think today turns out to be a boring day with us being a little bit down and a little up (no 200 point swings)
Monday, September 22, 2008
Tough TV night
Chose Heroes over Prison Break so i'll have to watch Prison Break in the morning. Nobody mention what happens.
Thanks
Joe
Thanks
Joe
MDOR
Very low volume today Messie (24,210)
I really want to get in, but need some higher volume like Friday. It's on my watch list now so hopefully I find an entry point.
I really want to get in, but need some higher volume like Friday. It's on my watch list now so hopefully I find an entry point.
WOW
MONSTER day guys. 10-15% gains in most miners today as well as DXO.
We're seeing a major shift of money into our miners.
Thinking I should put on some shorts for the morning in case POG pulls back????
We're seeing a major shift of money into our miners.
Thinking I should put on some shorts for the morning in case POG pulls back????
Skeletor
I can't help but laugh at what's happened thanks to Henry Paulson.
Oil makes largest single day gain.
Gold going parabolic.
400 down for the DOW; Nasdaq loses 90; 50 handles off the S&P.
USD getting goosed.
I'm tempted to invest in popcorn, because this movie should sell out.
Oil makes largest single day gain.
Gold going parabolic.
400 down for the DOW; Nasdaq loses 90; 50 handles off the S&P.
USD getting goosed.
I'm tempted to invest in popcorn, because this movie should sell out.
Sunday, September 21, 2008
Big win for Fresno St (Congrats Fish)
Click on title for link, 55-54 double OT win for Fresno St!!!
56-14 win for my Red Raiders (Texas Tech) over UMass!! 4 more TD's for Harrell and 1 for my boy Crabtree!!!
Some nice match-ups in the NFL today and Dallas @ Green Bay tonite!!
56-14 win for my Red Raiders (Texas Tech) over UMass!! 4 more TD's for Harrell and 1 for my boy Crabtree!!!
Some nice match-ups in the NFL today and Dallas @ Green Bay tonite!!
Saturday, September 20, 2008
Gold's biggest dive in 25 years (click title)
LMAO, this is one of the main headlines on CBSMarketwatch.com
Talk about something written out of context.
Talk about something written out of context.
MMTE
Chart still looks really nice for a breakout. We have to hold this .001 mark until they release numbers and we should see a significant jump. JMO DYODD
What happened to AZK??
Northgate Issues Statement on its
American Stock Exchange Closing Price
VANCOUVER, September 19, 2008 – (All figures in US dollars except where noted) – Northgate Minerals Corporation
(TSX: NGX, AMEX: NXG) has noted that a large volume of the Company’s shares were traded on the American Stock
Exchange shortly after 4:00 pm ET on September 19, 2008 at a price of $1.01. This share price was considerably
outside the intraday trading range and inconsistent with the Cdn$1.57 closing price recorded on the Toronto Stock
Exchange. Northgate wishes to assure the market that it is unaware of any recent change or adverse development
with respect to the Company’s assets, financial position, or any other factor, that could have accounted for the
unusual trading activity that took place after 4:00 pm ET today on the American Stock Exchange.
Someone explained this action in (NXG, AZK & others), as a bunch of small sell orders that nailed people's trailing stops right before 4:00 and pushed the price down, this then allowed this "manipulator" to buy a substantial lot on the cheap.
American Stock Exchange Closing Price
VANCOUVER, September 19, 2008 – (All figures in US dollars except where noted) – Northgate Minerals Corporation
(TSX: NGX, AMEX: NXG) has noted that a large volume of the Company’s shares were traded on the American Stock
Exchange shortly after 4:00 pm ET on September 19, 2008 at a price of $1.01. This share price was considerably
outside the intraday trading range and inconsistent with the Cdn$1.57 closing price recorded on the Toronto Stock
Exchange. Northgate wishes to assure the market that it is unaware of any recent change or adverse development
with respect to the Company’s assets, financial position, or any other factor, that could have accounted for the
unusual trading activity that took place after 4:00 pm ET today on the American Stock Exchange.
Someone explained this action in (NXG, AZK & others), as a bunch of small sell orders that nailed people's trailing stops right before 4:00 and pushed the price down, this then allowed this "manipulator" to buy a substantial lot on the cheap.
Friday, September 19, 2008
SKF
Added @ $99.90 (double lot) wanna be able to have a strong book either way (SKF or UYG) Monday morning.
WOW, what a week!!!!
Sorry I was on and off today guys. The market basically ended the week even while having 3 days of moves over 385 in the DOW!!!!!!
Awesome day for Gold today and our miners are past their bottom IMO.
SKF didn't get hit as hard as I thought it would and hopefully Monday we get some profit-taking in the financials.
Bottom line though is the economy is still a mess and housing hasn't bottomed so this is yet another band-aid to the problem until the dam breaks and floods the market.
Hope everyone has a great weekend
Joe
Awesome day for Gold today and our miners are past their bottom IMO.
SKF didn't get hit as hard as I thought it would and hopefully Monday we get some profit-taking in the financials.
Bottom line though is the economy is still a mess and housing hasn't bottomed so this is yet another band-aid to the problem until the dam breaks and floods the market.
Hope everyone has a great weekend
Joe
AZK
Slightly down today....wonder what's holding this one back last couple of days? Granted it had a big run early in week...
SAM
SKF seems to have stabilized and I think people will be selling into rallies from here on helping keep a floor on it. We're down over 40% in a 24 hour period!!
SKF
I can't get quotes???? Been stuck @ 2.6 mill shares volume since just after open????
Gonna try my Ameritrade streamer!!
Gonna try my Ameritrade streamer!!
GS
Shorted @ $142.70 (wow what an easy play, it's up over 32% today)
OOPS, I'm not allowed to do that. So it's OK for the longs to drive a price up too far (GS over $230) but they can't push it down if they think it's overvalued???
Hopefully oil gets back over $140 in 2 weeks.
OOPS, I'm not allowed to do that. So it's OK for the longs to drive a price up too far (GS over $230) but they can't push it down if they think it's overvalued???
Hopefully oil gets back over $140 in 2 weeks.
Morning guys
Well looks like we'll be sitting on our SKF's for s while, good thing is that once the scared money that went into gold the past couple days has all exited, we should really see a VERY quick rise through $1000 bringing all our miners with it.
Thursday, September 18, 2008
You gotta be kidding me????? Is this true?? If so i'm done trading, fvck that!!!
SEC to temporarily ban short-selling: report
By Robert Schroeder
Last update: 7:53 p.m. EDT Sept. 18, 2008Comments: 260
WASHINGTON (MarketWatch) -- The U.S. Securities and Exchange Commission intends to temporarily ban short-selling, The Wall Street Journal reported Thursday night. It's unclear if the commission has approved the move, the Journal reported. SEC Chairman Christopher Cox, Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson were briefing congressional leaders Thursday night. The U.S. move would follow a similar action by U.K. regulators on Thursday.
By Robert Schroeder
Last update: 7:53 p.m. EDT Sept. 18, 2008Comments: 260
WASHINGTON (MarketWatch) -- The U.S. Securities and Exchange Commission intends to temporarily ban short-selling, The Wall Street Journal reported Thursday night. It's unclear if the commission has approved the move, the Journal reported. SEC Chairman Christopher Cox, Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson were briefing congressional leaders Thursday night. The U.S. move would follow a similar action by U.K. regulators on Thursday.
Futures
Are up and overseas markets jumping out of the gate. Gold holding in the vicinity of $860 through tomorrow would give us a nice pop in our miners. Can't see Yamana under $10 unless POG is low to mid $700's.
WILD rides are gonna continue for quite a while and these monster swings are gonna be great moneymakers for us.
WILD rides are gonna continue for quite a while and these monster swings are gonna be great moneymakers for us.
Total Bull$hit
You didn't screw up Messie, you ABSOLUTELY picked the right side of the trade, it's just that the government decides to change the rules along the way at the expense of those who know how to trade. Eventually there will only be buy orders and no stocks will be allowed to go down. I'm in no way for our country destroying itself, but the government is setting precedent after precedent in regards to the use of our tax dollars to bail out companies that basically stole/profited from these same taxpayers.
Tradingwise it's not going to affect me because I have enough buying power to book profits all day long no matter what the scenario, but morally it's wrong to pick and choose who deserves to be bailed out by our government that is basically bankrupt itself.
Enough of that side of me :)
We should get another great entry point for our miners while we hopefully consolidate a bit in the $840-880 area. The fact that the entire business world can believe it's not accountable to it's shareholders anymore because the government will rescue them is enough to tell me we are no where near a bottom yet.
Tradingwise it's not going to affect me because I have enough buying power to book profits all day long no matter what the scenario, but morally it's wrong to pick and choose who deserves to be bailed out by our government that is basically bankrupt itself.
Enough of that side of me :)
We should get another great entry point for our miners while we hopefully consolidate a bit in the $840-880 area. The fact that the entire business world can believe it's not accountable to it's shareholders anymore because the government will rescue them is enough to tell me we are no where near a bottom yet.
GS
Fvck that, sold @ $89.50 for loss from $92.01 (Very rare to see me bail and take a loss, but want nothing to do with the individuals)
$915 POG!!!!
$915 POG!!!!
Well that was a fun morning ;)
You guys see this selling of this afternoon like I do? Or waiting till tomorrow morning??
FRE & FNM
Sold @ .38 & .52 for losses
Bought FRE @ .80 & .71 (lost $750)
Bought FNM @ .90 & .79 (lost $650)
1000 shares each lot, figured get out on an up day.
Bought FRE @ .80 & .71 (lost $750)
Bought FNM @ .90 & .79 (lost $650)
1000 shares each lot, figured get out on an up day.
Fvcking Internet
Booked $18.03 DGP @ $19.76
Morning guys, looking good for today!!!!!!! Finally oil making a move!!!
Morning guys, looking good for today!!!!!!! Finally oil making a move!!!
Inflate the day away!
Gold moving up again, thanks to another 240 billion 'injection' by central banks. Oil and gold responding appropriately - should be a nice day for both energy and goldstocks.
Jobless increases to 455k (expected 440k).
Jobless increases to 455k (expected 440k).
Wednesday, September 17, 2008
WOW
Asia getting crushed (again), oil pushing for $100 and dollar continuing it's slide.
I still can't believe Gold is over $875!!!!!!!!!!!!!! Axstone must be drawing arrows to Jupiter!!!!!
I still can't believe Gold is over $875!!!!!!!!!!!!!! Axstone must be drawing arrows to Jupiter!!!!!
Where am I???
POG is up over $100/ounce today????? I'm on easy street for a while if the miners can follow through.
This was a SICK move today. I'd say Yamana(AUY), Jaguar (JAG) & Seabridge (SA) have the strongest moves ahead of them based on previous highs & the amount of shorting they've seen.
DGP & GDX are the ETF's!!!!
This was a SICK move today. I'd say Yamana(AUY), Jaguar (JAG) & Seabridge (SA) have the strongest moves ahead of them based on previous highs & the amount of shorting they've seen.
DGP & GDX are the ETF's!!!!
Hey guys
Just got in, nice job with SKF Messie!!! Hope you get to trade more often with us.
Lat, I never changed anything, so i'd think you could still start posts????
Lat, I never changed anything, so i'd think you could still start posts????
IMO
The only stocks taking off are the ones that have been shorted to death like SA & AZK!!
FCX & SWC each DOWN 7%???
FCX & SWC each DOWN 7%???
Awesome day
Great bookings on SKF UYG and the market is doing what is needed, repricing to levels it SHOULD be at.
Gold was insane today. This is HUGE flight to safety (also confirmed by short term treasury action).
Gold was insane today. This is HUGE flight to safety (also confirmed by short term treasury action).
Sorry guys
I'm helping finish the kitchen cabinets so just putting in orders and posting fills for you guys.
Looking nice!!!
Looking nice!!!
Messie
simply switch your account from Cash to cash/margin and you won't have that problem. You don't have to use the margin. You'll be able to do 3 day trade in a rolling 5 day period and money will clear immediately.
UYG
Added @ $18.70
Can't believe I missed that drop through the $120's in SKF, allowed me to book the UYG's for NICE profits, but now I have no $120's SKF's :(
Can't believe I missed that drop through the $120's in SKF, allowed me to book the UYG's for NICE profits, but now I have no $120's SKF's :(
TDAmeritrade Messie
Everyone who uses TDAmeritrade can trade extended hours. From the home page, click on trade, then stocks, click on (buy, sell, short, cover), enter the quantity then symbol, order type keep at limit, then enter the price. Directly under the box that says limit, it says expiration, click that arrow and bring it to extended AM or extended PM depending on if it's morning or afternoon.
Let me know this morning.
Let me know this morning.
Tuesday, September 16, 2008
WTF????
Someone has to call me when this stuff happens????? LOL
Added SKF @ $116.60
Booked UYG @ $19.80 bought $17.50
Booked UYG @ $19.85 bought $18.20
Booked UYG @ $19.86 bought $18.70
SWEET!!!!!!!!!!!!!
Added SKF @ $116.60
Booked UYG @ $19.80 bought $17.50
Booked UYG @ $19.85 bought $18.20
Booked UYG @ $19.86 bought $18.70
SWEET!!!!!!!!!!!!!
AIG and Fed bailouts
Looks like we're getting a pop due to Fed talking about bailing out AIG.
They sure do love pissing our taxdollars down the drain...
They sure do love pissing our taxdollars down the drain...
Messie
With the ETF's (SKF/UYG/QID/QLD/DXD/DDM....) You don't have to short, you just have to buy them but know which one is long and which is short. I don't want to give you advice based on how I do it because i'm able to buy MANY lots, but SKF has pulled back pretty hard from this AM so i'd be leaning there.
What happened
Is we tested the bottom 10,800 area, hence the rally (pullback in SKF) we'll know this afternoon if we're gonna bust through or go back to 11,000!!
JMO
JMO
GS
Not good on that front ($1.71 estimate was reduced like 10 times so $1.81 is NOT GOOD)
Fed injections might be a hint that we're not getting a cut???? (Although they were needed)
Fed injections might be a hint that we're not getting a cut???? (Although they were needed)
POG
Making a nice move this AM, would love to see the $790's today.
CPI @ 8:30 as well as Goldman earnings which are HUGE!!!!!!
CPI @ 8:30 as well as Goldman earnings which are HUGE!!!!!!
Nate's avatar
I seriously thought it was his 3rd grade science project gone bad???
Morning guys!!! (I gotta change my sleep habits)
Morning guys!!! (I gotta change my sleep habits)
Monday, September 15, 2008
SKF - Bearpath
Posted this below on another thread way down. JMO but $500 is like oil going to $10 IMO!!
SKF most likely won't reach $200 again unfortunately. I have a lot just over $200 and will be glad to book it. Best way to play is book every few % and add on the pullbacks which if you watched today, happen ALL THE TIME. It's the best way to maximize your profits Bearpath.
SKF most likely won't reach $200 again unfortunately. I have a lot just over $200 and will be glad to book it. Best way to play is book every few % and add on the pullbacks which if you watched today, happen ALL THE TIME. It's the best way to maximize your profits Bearpath.
WOW
21 lots booked today in about 3 hours work time ;) Including over 5% in about half of them.
Sorry I missed a fun day to "trade" guys.
Sorry I missed a fun day to "trade" guys.
Sunday, September 14, 2008
Futures
Down 283
S & P & NASDAQ down over 35!!!!!!
I feel a biggie coming!!!!!!!!
C ya in the morn guys!!!!
S & P & NASDAQ down over 35!!!!!!
I feel a biggie coming!!!!!!!!
C ya in the morn guys!!!!
WOW
Just checked in and off to the races we go. Dollar getting crushed and POG soaring.
Smells of a horrible day for us tomorrow, thats how amazingly positive this looks. Thats usually the case when it looks so good!!!!
Smells of a horrible day for us tomorrow, thats how amazingly positive this looks. Thats usually the case when it looks so good!!!!
SRS
I have a couple lots and think we see $110 again easily. Not gonna move as quickly as SKF though.
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