STOCK GURUS! Help this n00b!

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  • dirtysouth
    Confirmed User
    • Jul 2003
    • 2613

    #1

    STOCK GURUS! Help this n00b!

    Finally created an e-trade account and got it all verified etc. I'm looking to "play" with $500 to get a feel for how things work. Can some of you big players help me out with some good picks? Right now I'm really watching the following: CLWR, GBE, and a mutual fund: AMCPX.

    Anyone? Thanks!
    no sig
  • brandonstills
    Confirmed User
    • Dec 2007
    • 1964

    #2
    Are you for real?

    Brandon Stills
    Industry and programming veteran
    [email protected] | skype: brandonstills | ICQ #495-171-318

    Comment

    • dirtysouth
      Confirmed User
      • Jul 2003
      • 2613

      #3
      Originally posted by brandonstills
      Are you for real?
      No I enjoy posting just to hear the keyboard clack.
      no sig

      Comment

      • DateDoc
        Outside looking in.
        • Feb 2005
        • 14243

        #4
        I would learn to trade stocks without using real money. You can try http://www.updown.com/ and get the hang of buying and selling and following trends. That way you do not lose the $500.

        Comment

        • paymeback
          Confirmed User
          • May 2005
          • 1478

          #5
          Go down to the casino put the $500 you have to "play" with all on red
          ICQ:36-43-49-11

          Comment

          • webgurl
            Confirmed User
            • Aug 2002
            • 7954

            #6
            you just have 500 to play with yarrrrgh well maybe some penny stocks then
            if you want any bluechips you need atleast few grande . Don't forget
            you have to pay for the commission fees

            Comment

            • webgurl
              Confirmed User
              • Aug 2002
              • 7954

              #7
              right now my portfolio is down quite a bit , i have well over 5 digits
              in my stocks too it sucks ass .....

              Comment

              • dirtysouth
                Confirmed User
                • Jul 2003
                • 2613

                #8
                Originally posted by paymeback
                Go down to the casino put the $500 you have to "play" with all on red
                Been there done that. Split the 0/00 and hit.
                no sig

                Comment

                • dirtysouth
                  Confirmed User
                  • Jul 2003
                  • 2613

                  #9
                  Originally posted by DateDoc
                  I would learn to trade stocks without using real money. You can try http://www.updown.com/ and get the hang of buying and selling and following trends. That way you do not lose the $500.
                  Pretty cool!
                  no sig

                  Comment

                  • webgurl
                    Confirmed User
                    • Aug 2002
                    • 7954

                    #10
                    Originally posted by paymeback
                    Go down to the casino put the $500 you have to "play" with all on red
                    this is actually a better suggestion then
                    playing the stock market right now especially with only 500
                    Or you can try Odd/Even if u don't want to put it all on Red LOL

                    Comment

                    • ADL Colin
                      Too lazy to set a custom title
                      • Feb 2001
                      • 11929

                      #11
                      It's real easy. Buy stocks that are going to go up. when they are not going to go up much more sell them and buy more stocks that are going to go up. repeat until your children inherit your wealth. oh yeah, do as much of this as possible in a retirement account.


                      Adult Date Link - $50 PPS starting NOW! -- good and JUICY!

                      skype = "adultdatelink"

                      Comment

                      • dirtysouth
                        Confirmed User
                        • Jul 2003
                        • 2613

                        #12
                        Originally posted by webgurl
                        you just have 500 to play with yarrrrgh well maybe some penny stocks then
                        if you want any bluechips you need atleast few grande . Don't forget
                        you have to pay for the commission fees
                        Yep. Just fucking around with it. The commercials finally got me! As of now I've been "investing" only in my hot rods & my 9yo's Junior Dragster.
                        no sig

                        Comment

                        • dirtysouth
                          Confirmed User
                          • Jul 2003
                          • 2613

                          #13
                          Originally posted by ADL Colin
                          It's real easy. Buy stocks that are going to go up. when they are not going to go up much more sell them and buy more stocks that are going to go up. repeat until your children inherit your wealth. oh yeah, do as much of this as possible in a retirement account.
                          I thought it was that easy!
                          no sig

                          Comment

                          • webgurl
                            Confirmed User
                            • Aug 2002
                            • 7954

                            #14
                            on a serious note , if you have only about 500 to invest into stock market
                            your only option is pretty much some penny stocks (which is really risky) unless
                            you got some leads .... Otherwise if you play some poker at the casino u have
                            a better chance of quicker solid gain goodluck

                            Comment

                            • paymeback
                              Confirmed User
                              • May 2005
                              • 1478

                              #15
                              In all seriousness tho if you are interested in learning the markets spend the $500 buying some books and just simply read. Its not really something you can get a hang of by only spending a small amount with no knowledge. Signup to a free trading game too they are pretty decent and wait till you have a better understanding of how the market works and have 4-5k to work with.
                              ICQ:36-43-49-11

                              Comment

                              • dirtysouth
                                Confirmed User
                                • Jul 2003
                                • 2613

                                #16
                                http://www.updown.com/displayProfile.do?id=29186

                                Holy shit this guy's got the shit down eh?!
                                no sig

                                Comment

                                • ADL Colin
                                  Too lazy to set a custom title
                                  • Feb 2001
                                  • 11929

                                  #17
                                  Originally posted by paymeback
                                  In all seriousness tho if you are interested in learning the markets spend the $500 buying some books and just simply read. Its not really something you can get a hang of by only spending a small amount with no knowledge. .
                                  I think that is a great idea. Read not only "how to invest" books but economics and economics history. You can also read SEC annual reports for free. You learn more about how individual businesses are run and how they are related than anywhere else. You can also read back in time to see what CEOs were commenting on in different years and before certain now-known events happened. for example, how did individual homebuilders or banks view the bubble in real estate and and how did they comment on it over the years in their annual reports.


                                  Adult Date Link - $50 PPS starting NOW! -- good and JUICY!

                                  skype = "adultdatelink"

                                  Comment

                                  • AlienQ - BANNED FOR LIFE
                                    best designer on GFY
                                    • Mar 2003
                                    • 30307

                                    #18
                                    The name of this site is GoFuckYourSelf.

                                    Just thought I should remind you of that.

                                    Comment

                                    • ADL Colin
                                      Too lazy to set a custom title
                                      • Feb 2001
                                      • 11929

                                      #19
                                      Originally posted by AlienQ
                                      The name of this site is GoFuckYourSelf.

                                      Just thought I should remind you of that.
                                      How much does that pay?


                                      Adult Date Link - $50 PPS starting NOW! -- good and JUICY!

                                      skype = "adultdatelink"

                                      Comment

                                      • dirtysouth
                                        Confirmed User
                                        • Jul 2003
                                        • 2613

                                        #20
                                        Originally posted by AlienQ
                                        The name of this site is GoFuckYourSelf.

                                        Just thought I should remind you of that.
                                        Wow man, in all the years I've been here I never even looked up there in that address bar thingy.
                                        no sig

                                        Comment

                                        • dirtysouth
                                          Confirmed User
                                          • Jul 2003
                                          • 2613

                                          #21
                                          Originally posted by ADL Colin
                                          How much does that pay?
                                          Must pay him a shitload! Only a couple months different reg date from me and 10X as many posts. How the fuck do you work/live with that many posts on a message board?!
                                          no sig

                                          Comment

                                          • fluffygrrl
                                            So Fucking Banned
                                            • May 2006
                                            • 2187

                                            #22
                                            More to the point : I just talked a friend out of holding AMCPX, which she was and which is shit.

                                            Your 500 will be good enough to play around on the stock market, but here's some tips :

                                            General :

                                            Stay away from options.
                                            Stay away from things you don't understand.
                                            Use this opportunity to read about, and understand more things. You'd be surprised how much having money down the line motivates you to read, and understand.

                                            Speciffic :

                                            We're in a recession. Consequently, the financials well be up and down, the raw materials up first and down later, the disposable consumer low and lower, manufacturing low and rising, and tech nobody knows what the fuck is doing (read : higher and then collapse).

                                            Find your own picks, only go with 1 stock at a time, short the crap, long the good stuff, and good luck.

                                            Comment

                                            • dirtysouth
                                              Confirmed User
                                              • Jul 2003
                                              • 2613

                                              #23
                                              Originally posted by fluffygrrl
                                              More to the point : I just talked a friend out of holding AMCPX, which she was and which is shit.

                                              Your 500 will be good enough to play around on the stock market, but here's some tips :

                                              General :

                                              Stay away from options.
                                              Stay away from things you don't understand.
                                              Use this opportunity to read about, and understand more things. You'd be surprised how much having money down the line motivates you to read, and understand.

                                              Speciffic :

                                              We're in a recession. Consequently, the financials well be up and down, the raw materials up first and down later, the disposable consumer low and lower, manufacturing low and rising, and tech nobody knows what the fuck is doing (read : higher and then collapse).

                                              Find your own picks, only go with 1 stock at a time, short the crap, long the good stuff, and good luck.
                                              Thanks! Again, not looking to retire on this...just fucking about/wanting to learn.
                                              no sig

                                              Comment

                                              • Storm_Tracker
                                                Confirmed User
                                                • Nov 2005
                                                • 355

                                                #24
                                                Buy this penny stock I hear its gonna to $50+

                                                HYBR

                                                Hybrid Tech


                                                They make those cool electric powered cars with lith batteries. I bought at around $2.22
                                                its at $4.25+ now

                                                I have about 300 shares, this company has been in the news as well .. You can also
                                                buy their cars on the web, they take as an example the BMW mini and jack it all up
                                                with batteries and shit and it only costs you $2.25 to charge it!

                                                its fucking awesome! http://www.hybridtechnologies.com

                                                good luck bro!


                                                the only reason I bought this stock was because their stock was $70 3 yrs ago
                                                and it hit the fucking bottom at $2 .. hopefully its only one way and its Uppppppp!

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                                                Comment

                                                • fluffygrrl
                                                  So Fucking Banned
                                                  • May 2006
                                                  • 2187

                                                  #25
                                                  Actually, nobody with under 100k should consider any stock currently trading under $10.

                                                  The reason is, nobody with any sense'd put more than 1-5 maybe 10% tops of his portofolio in penneis, and even then you want it split around a bunch.

                                                  So, 2% of 500 and spread over 10-20 stocks ? 15 in trade fees and .02 in investment ? Nonsense.

                                                  Comment

                                                  • woj
                                                    <&(©¿©)&>
                                                    • Jul 2002
                                                    • 47880

                                                    #26
                                                    I would invest $100k into perhaps 5 different companies, spread it out a little to reduce risk... oh wait a min, you mean you have $5 hundred to play with?
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                                                    • woj
                                                      <&(©¿©)&>
                                                      • Jul 2002
                                                      • 47880

                                                      #27
                                                      ... but seriously dude $500 won't work very well, to buy+sell is $20 in fees, which is 4&#37; of your investment... even if you get lucky and pick a good company 4% is way too much to pay in fees... I would wait a bit and save at least $1 or $2k and then start...
                                                      Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000
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                                                      • OG LennyT
                                                        Wall Street Pimp
                                                        • Jun 2003
                                                        • 14345

                                                        #28
                                                        Originally posted by dirtysouth
                                                        Right now I'm really watching the following: CLWR, GBE, and a mutual fund: AMCPX.

                                                        Anyone? Thanks!
                                                        CLWR and GBE??? good god, I threw up in my mouth a bit. Stay far away from real estate related stock and anything tied to Sprint, it's a sinking ship.

                                                        stick with AG, infrastructure, or a defense play maybe...
                                                        Tradeking - my online broker | 4.95 a trade | make real $$

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