Andy Singh

Banking on a Rally for Quick Profits

User 290548 - I bought the stock yesterday @ 2.90 (this article was published a day later here at SA). So I am up for now.

outtamojo - $2000, may not be big money for you, but it is a lot for some. Like I said, this is a risky/spec opportunity so did not want too put too much capital at risk. If I get a double on the stock, I will be happy to walk away with $2K. I have done this trade about 3 times before and overall am up 8K on it. Not bad with 2K at risk....

An Optimist Looks at the Market

Thanks for everyone's comments. Probably wasn't the best weekend to publish this post given the bad news around the financials over the weekend. Hey - I was just trying to look on the bright side of things amid all the negativity. I am realistic enough to know that it will take time for things to work themselves out but if I was as pessimistic as some of the commentors I would have sold my entire portfolio off and keep what cash I had left under my bed!

Credit Cards: The Next Subprime?

I hope visa makes it through. I bought some $95 sep call options which are down a fair bit already. I wrote about it here, www.savingtoinvest.com.... I think I bought into the hype for VISA. Should have gone with MA.