STOCK GURUS! Help this n00b! - GoFuckYourself.com

dirtysouth · 05-08-2008, 12:08 PM

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!

brandonstills · 05-08-2008, 12:10 PM

Are you for real?

dirtysouth · 05-08-2008, 12:11 PM

Quote:

Originally Posted by brandonstills

Are you for real?

No I enjoy posting just to hear the keyboard clack.

DateDoc · 05-08-2008, 12:15 PM

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.

paymeback · 05-08-2008, 12:15 PM

Go down to the casino put the $500 you have to "play" with all on red

webgurl · 05-08-2008, 12:15 PM

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

webgurl · 05-08-2008, 12:16 PM

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

dirtysouth · 05-08-2008, 12:17 PM

Quote:

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.

dirtysouth · 05-08-2008, 12:17 PM

Quote:

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!

webgurl · 05-08-2008, 12:18 PM

Quote:

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

ADL Colin · 05-08-2008, 12:18 PM

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.

dirtysouth · 05-08-2008, 12:19 PM

Quote:

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.

dirtysouth · 05-08-2008, 12:20 PM

Quote:

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!

webgurl · 05-08-2008, 12:21 PM

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

paymeback · 05-08-2008, 12:22 PM

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.

dirtysouth · 05-08-2008, 12:25 PM

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

Holy shit this guy's got the shit down eh?!

ADL Colin · 05-08-2008, 12:26 PM

Quote:

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.

AlienQ - BANNED FOR LIFE · 05-08-2008, 12:33 PM

The name of this site is GoFuckYourSelf.

Just thought I should remind you of that.

ADL Colin · 05-08-2008, 12:40 PM

Quote:

Originally Posted by AlienQ

The name of this site is GoFuckYourSelf.

Just thought I should remind you of that.

How much does that pay?

dirtysouth · 05-08-2008, 12:48 PM

Quote:

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.

dirtysouth · 05-08-2008, 12:50 PM

Quote:

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?!

fluffygrrl · 05-08-2008, 01:22 PM

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.

dirtysouth · 05-08-2008, 01:26 PM

Quote:

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.

Storm_Tracker · 05-08-2008, 01:41 PM

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!

fluffygrrl · 05-08-2008, 02:05 PM

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.

woj · 05-08-2008, 02:26 PM

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?

woj · 05-08-2008, 02:34 PM

... but seriously dude $500 won't work very well, to buy+sell is $20 in fees, which is 4% 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...

OG LennyT · 05-08-2008, 03:16 PM

Quote:

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...

05-08-2008, 12:08 PM	#1
dirtysouth Confirmed User Join Date: Jul 2003 Location: Mobtown Posts: 2,613	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

05-08-2008, 12:10 PM	#2
brandonstills Confirmed User Join Date: Dec 2007 Location: Chatsworth, CA Posts: 1,964	Are you for real? __________________ Brandon Stills Industry and programming veteran [email protected] \| skype: brandonstills \| ICQ #495-171-318

05-08-2008, 12:15 PM	#4
DateDoc Outside looking in. Industry Role: Join Date: Feb 2005 Location: To Hell You Ride Posts: 14,243	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. __________________

05-08-2008, 12:15 PM	#5
paymeback Confirmed User Join Date: May 2005 Location: Sydney, Australia Posts: 1,478	Go down to the casino put the $500 you have to "play" with all on red __________________ ICQ:36-43-49-11

05-08-2008, 12:18 PM	#11
ADL Colin Too lazy to set a custom title Join Date: Feb 2001 Location: Tube Titans, USA Posts: 11,929	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"

05-08-2008, 12:15 PM	#6
webgurl Confirmed User Join Date: Aug 2002 Location: Clouds with Carebears Posts: 7,954	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

05-08-2008, 12:16 PM	#7
webgurl Confirmed User Join Date: Aug 2002 Location: Clouds with Carebears Posts: 7,954	right now my portfolio is down quite a bit , i have well over 5 digits in my stocks too it sucks ass .....

05-08-2008, 12:21 PM	#14
webgurl Confirmed User Join Date: Aug 2002 Location: Clouds with Carebears Posts: 7,954	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

05-08-2008, 12:22 PM	#15
paymeback Confirmed User Join Date: May 2005 Location: Sydney, Australia Posts: 1,478	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

05-08-2008, 12:25 PM	#16
dirtysouth Confirmed User Join Date: Jul 2003 Location: Mobtown Posts: 2,613	http://www.updown.com/displayProfile.do?id=29186 Holy shit this guy's got the shit down eh?! __________________ no sig

05-08-2008, 12:33 PM	#18
AlienQ - BANNED FOR LIFE best designer on GFY Join Date: Mar 2003 Location: IALIEN.COM - High Definition Video and Photographic Productions -ICQ 78943384 Posts: 30,307	The name of this site is GoFuckYourSelf. Just thought I should remind you of that. __________________ NAKED HOSTING FTW!11 I'm On The INSANE PLAN $9.95/mo! \| The Alien Blog Adult News Worth Reading Updated Daily \| Content For Sale! 641 PICS 216 MINUTES OF VIDEO $350.00 \|ICQ: 78943384 \|

05-08-2008, 01:22 PM	#22
fluffygrrl So Fucking Banned Join Date: May 2006 Posts: 2,187	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.

05-08-2008, 01:41 PM	#24
Storm_Tracker Confirmed User Join Date: Nov 2005 Posts: 355	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! __________________ Top Dating Sponsors I use! http://datingfactory.com?refId=DFL-AF-3410 White label ( 65%) rev Amazing Great Ratios! http://affiliate.sexsearch.com/?ref=57448 High PPS! Good Ratios!

05-08-2008, 02:05 PM	#25
fluffygrrl So Fucking Banned Join Date: May 2006 Posts: 2,187	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.

05-08-2008, 02:26 PM	#26
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	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? __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

05-08-2008, 02:34 PM	#27
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	... but seriously dude $500 won't work very well, to buy+sell is $20 in fees, which is 4% 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 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager