My Stock Pick Thread

Discussion in 'The Bar' started by Mutt Sucks, Nov 28, 2012.

  1. Mutt Sucks

    Mutt Sucks New Member Banned User

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    Facebook was a great buy high 19s now 26 range. Buy Groupon at this level for a nice pop.
     
  2. Chiva

    Chiva Well-Known Member

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    Can you get stock in shoeshine boxes?
     
  3. Mutt Sucks

    Mutt Sucks New Member Banned User

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    KIWI stock
     
  4. Mutt Sucks

    Mutt Sucks New Member Banned User

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    GRPN up almost 5% per-market
     
  5. tomtom

    tomtom Well-Known Member

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    Mutt sucks "go get your shoeshine box" did turn out to be one of the funniest threads of all time.
     
  6. Cheri

    Cheri Skunk VIP

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    And I bet he still doesn't know why that thread was funny.
     
  7. Mutt Sucks

    Mutt Sucks New Member Banned User

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    At least I made everyone laugh.
     
  8. Mutt Sucks

    Mutt Sucks New Member Banned User

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    Short Apple at these levels.
     
  9. tomtom

    tomtom Well-Known Member

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    Actually other people made everyone laugh at you but hey, whatever helps you sleep at night.
     
  10. Mutt Sucks

    Mutt Sucks New Member Banned User

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    Cool. I can laugh at myself.
     
  11. stripes

    stripes Active Member Banned User

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    you might get a short term pop out of groupon but thats a definate sell. tereeible business model, should have never gone public. shit company shoulda sold to google a few years ago.
     
  12. tomtom

    tomtom Well-Known Member

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  13. fletchman71

    fletchman71 Well-Known Member

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    I am a stock ignoramus. What does it mean when you short a stock and how do you go about doing it?
     
  14. Mutt Sucks

    Mutt Sucks New Member Banned User

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    Shorting is the opposite of buying. You want the stock to down. So if Apple is selling for $480 and you short it, anything under $480 is a profit. When you want to sell it, you use the word buy to cover. This means you are cashing in.
     
  15. Mark Mayonnaise

    Mark Mayonnaise You look like a tree! VIP

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    Why does Mutt suck
     
  16. tomtom

    tomtom Well-Known Member

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    The best stock advice should probably come from a cocaine lover on the internet named mutt sucks who doesn't know the difference between a shoeshine box and a shine box. :grad:
     
  17. Mark Mayonnaise

    Mark Mayonnaise You look like a tree! VIP

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    :funny:
     
  18. fletchman71

    fletchman71 Well-Known Member

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    Never mind this. I just looked up short selling and I understand the process now. Thanks for your explanation. I read that some guy shorted a lot of banks right before the housing mortgage debacle and he made billions.
    Ok, I am still confused. How much money are you putting up to start this process?
     
    Last edited: Nov 28, 2012
  19. Mutt Sucks

    Mutt Sucks New Member Banned User

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    You can short with any amount. There are guidelines if the stock goes up too much you have to add more money in or the brokerage will sell it. Another great way to leverage bets is to use a Margin Account. You are borrowing from the brokerage and using your stock as security. They will give you up to 50% of the fair market value of the equity.
     
  20. Mutt Sucks

    Mutt Sucks New Member Banned User

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    Facebook is a great buy here. It will go over 30 bucks with no problem.