OFFICIAL: STOCK ADVICE THREAD

Discussion in 'Blazers OT Forum' started by magnifier661, Mar 5, 2013.

  1. magnifier661

    magnifier661 B-A-N-A-N-A-S!

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    With all advice, you must put a disclaimer that the advice will not guarantee gains and stuff!

    Okay so here is my first attempt.... Make sure you understand that, by no means, this is a guarantee.

    symbol: AAMRQ (AMERICAN AIRLINES).

    Yes you remembered correctly.... They were going bankrupt until US airways merged with their company.

    I think they have taken a big hit when shit hit the fan, but I think they are unfairly devalued. I think they could be a $6 stock in about a year or 2; which would be a significant gain being a $2.75 stock right now. The advantage is they have been completely re-organized and should start functioning with profit soon.

    I bought in at 2.70 (1,000 shares)
     
    Last edited: Mar 11, 2013
  2. KeepOnRollin

    KeepOnRollin Well-Known Member

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    Mags - What do you think of SIRI? I am pretty sure that years ago you were on it but then they feel on tough times. They seems to be rebounding again however and at or right near a 52 week high currently.
     
  3. Sedatedfork

    Sedatedfork Rip City Rhapsody

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    Buy into S2! I hear their CEO is stealing all the money. I plan to organize a lawsuit so we can all sue Denny!
     
  4. magnifier661

    magnifier661 B-A-N-A-N-A-S!

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    I didn't jump on the SIRI bandwagon. I haven't studied it at all, so my advice would be shit. I only play with 1 ($2-$5) stock at a time. So far, American Airlines is the company I am playing with.
     
  5. hoojacks

    hoojacks harlm shake (c)yoda 2009

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    Take the money you were gonna use on stocks and buy a gun
     
  6. magnifier661

    magnifier661 B-A-N-A-N-A-S!

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    Got 2 shotguns (semi and pump) and a .38 special. You think I need more?
     
  7. Sedatedfork

    Sedatedfork Rip City Rhapsody

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    Nope. Joe Biden says that is more than enough guns.
     
  8. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    Buy low, sell high.
     
  9. mook

    mook I predicted 60 wins. Avatar is anti-jinx.

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    I have never dabbled in buying stocks. What do you guys usually use to buy stocks with?
     
  10. Sedatedfork

    Sedatedfork Rip City Rhapsody

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    Track Martha Stewart's investments and copy them.
     
  11. magnifier661

    magnifier661 B-A-N-A-N-A-S!

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    I always recommend having a good financial advisor. I may have interest in a stock and ask my advisor. He usually explains the pros and cons of the stock. It's actually a hard thing to figure out, unless you are trained in the field.

    Personally, I am hardly one to have great insight in stocks. I just see something in marketing news, then ask my advisor if it's worth looking into. I give him so many ideas and maybe one of them is actually something he agrees could be a sound investment.

    But if you do plan on doing it yourself, be very careful. maybe dabble with small money to get the hang of it. I always liked using Scottrade because it only cost something like 10 bucks a transaction. They have great tools for analysis too and there is no minimum to start an account.
     
  12. mook

    mook I predicted 60 wins. Avatar is anti-jinx.

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    I guess I'm always skeptical about advisors when it comes to things like investing and sales. I figure if they were really good at it, they wouldn't need a job advising others. At least not small potatoes people like me.

    Warren Buffet once said he just invests in companies who make products that he likes. Seems like a pretty reasonable strategy. *shrug*

    I'm not really the high-stakes type. I think I should play around with it a little. Maybe see what I can do this year for under a thousand bucks. Thanks for the tip on Scottrade.
     
  13. Treaty_of_Batum

    Treaty_of_Batum Westside

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    My guarenteed stock is slowly working it's way up to it's correct value, but I think it has some way to go.

    Last 2 years my guarenteed winner: Lennar Corp (LEN). I want 10% of all profits made

    BTW-Stock Market is at record highs . . . Thanks Obama :D
     
  14. mook

    mook I predicted 60 wins. Avatar is anti-jinx.

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    Yeah, I kind of wish I'd gotten in stocks back in 2008. lol. I remember saying the same after the prior 2 recessions.

    You would think at some point I'd learn my lesson.
     
  15. HailBlazers

    HailBlazers Energy Man

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    BTW- The Dollar is at record lows... Thanks Obama :D
     
  16. hoojacks

    hoojacks harlm shake (c)yoda 2009

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    Yes. Stocks are fictitious suggestions of potential value. Guns let you protect (and take) actually valuable things. It's an obvious choice.
     
  17. blazerboy30

    blazerboy30 Well-Known Member

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    IMO, stock picks are useless unless you put some kind of time frame and exit criteria with the selection.

    For example, I'm buying UPRO. But I may only hold for a couple weeks or possibly months. If you plan to buy and hold, you should absolutely NOT purchase UPRO.

    The reality is this...
    95% of investors will do better just buying an index ETF and letting it sit as compared with trying to pick individual stocks. If you want to pick individual stocks, you should do it for entertainment but let your real investment dollars go into index ETFs.
     
  18. mobes23

    mobes23 Well-Known Member

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    Train yourself to be nervous buying stock when the market is high (like now) and confident buying stock when the market is low. The natural inclination of most people seems to be opposite of that. When the housing market burst and stocks plummeted, I bought several index funds and made out like a bandit. My friends thought I was crazy, but it was like free money.
     
  19. HAAK72

    HAAK72 Artwork by Blazer Fanatic

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    ...speaking of stocks and investing, what are the top sites out there that everybody goes to as a trusted resource???

    I ask because I recently started a project for GrowthFinancial.net and our goal is to create a good resource of investment information etc. Thank you in advance for the feedback!
     
    Last edited: Mar 5, 2013
  20. Treaty_of_Batum

    Treaty_of_Batum Westside

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    I like this thought. It took me countless years to act on this, but I finally started doing that.
     

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