After closing with a sub-1% loss yesterday in response to its Q4 report, Facebook (FB -2.7%) is...

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benitus Comments (785)
 
Today's decline is yet another opportunity for big profits. Shorted yesterday at $31.40, so waiting to cover at $29.50 and then, go long again.
1 Feb, 05:31 PM Reply Like

gwynfryn Comments (1517)
 
I admire your pluck, ben, but that's quite a risk for very little return; surely there are better stocks to play with?
2 Feb, 09:10 AM Reply Like

SirWallSt Comments (5)
 
I'll take the other side of that trade...


Sir
Long 80,000
4 Feb, 10:26 AM Reply Like

benitus Comments (785)
 
Sorry, gwynfryn, rude of me not to respond to your reply. Somehow, I missed your post. Anyway, I didn't cover everything until it went to $26 and now, I'm sitting on the sidelines playing with other stocks. BTW, my trades have sufficient volume to make a tidy profit with as little as 30cts price movement but I usually wait for at least 50cts before doing anything and I'll wait longer to cover (or vice-versa) if I don't see sufficient support or movement to make a decision. Have a great week. Happy Easter!!
9 Apr, 09:16 PM Reply Like

gwynfryn Comments (1517)
 
No problem ben; that's the way to do it all right, small profits at regular intervals. The guys who hang on in hope of the big win, are doing themselves no favours...

I'm looking forward to when I have such volume (it'll come) but to start, I'll need 2% + just to cover my broker's fee.
10 Apr, 07:37 AM Reply Like

benitus Comments (785)
 
Seriously, gwyn.... I pay only 0.5cts per share (instead of that crooked $7 per share) or a minimum of $1 for brokerage fees. If you can contact me through my Inbox, I can provide details for your consideration. I'm sure you can play with at least 100 shares and make some quick cash every week.
10 Apr, 12:36 PM Reply Like

gwynfryn Comments (1517)
 
Sorry ben but I don't have a picture either (but you could use gwynzfam@yahoo.co.uk) and being non resident in the USA, I probable wouldn't get the same rates. Over here they usually charge a variable (according to how frequently one trades) minimum rate per trade, and the one I'm going for is pretty reasonable, so I expect to do well enough in the long run, even if it'll be a slow start.
11 Apr, 08:47 AM Reply Like

benitus Comments (785)
 
it's up to you, gwyn...let me know if you change your mind. Just contact me through my Inbox on SA. You don't need a picture for contact, only required to publish articles.
11 Apr, 12:32 PM Reply Like