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Interesting Times
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I could put on this bio my education, work experience, investment strategy, and a nice thin (if I can find one) picture of me in a suit looking *smart*. Sorry but that's not my intent here. Sure I invest, help family make financial decisions, and make a ton of mistakes along the way. But my time... More
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Interesting Times For All Commodities And Investments!! CHAPTER 4......
  • Interesting Times For All Commodities And Investments!! PORTFOLIO #2......... 223 comments
    Jul 26, 2013 11:03 PM

    THIS CHAPTER IS FOR POSTING AFTER JULY 31ST!

    What started out as a small group discussing anything related to investing has grown extremely educational over the last few months.

    We have Authors, Financial Advisors, Seasoned investors, Experts in specific fields, and just the average Joe pitching in...

    Folks.. we are growing and posters like it. If you are new to investing then this site is for you.

    Here is the link to the READING MATERIAL http://seekingalpha.com/instablog/5038891-interesting-times/1998262-interesting-times-for-all-commodities-and-investments-reading-material

    I am going to be the first one to admit that I haven't a clue when or if Gold and Silver will ever take off in price. I invested thinking they will though. Additionally I don't see much coverage or articles pertaining to the other commodities. So I started a blog where every commodity, and every investment is on the table for discussion. Even political questions. I only ask that you be courteous!!

    Someone posted the difference between being smart, foolish, and a moron. Well I have been all of the above and I will "man up" and admit it! However I came away from those experiences with both battle scars and knowledge.

    For years I have been reading basically any day now Gold and Silver will explode. I am by far a gold or silver bug. Yet somehow the can gets kicked down the road and I live to learn another lesson. Then Sprott's ETF'S (NYSEARCA:PSLV) are talked about as being safer then others (NYSEARCA:GLD) and (NYSEARCA:SLV).

    With all the QE'S basically not creating any new jobs what will be the consequences in the future?. Will we be "CYPRUSED "? Are we in a serious stock market bubble? Obviously we read daily about these concerns but what about other INVESTMENTS? Here is where most of us are uninformed and relish an education.

    Individual stocks are fine to discuss as well. All of us know that commodities should only be a % of your portfolio. I owned (NASDAQ:PSEC) and liked the dividend. Others may not ! So please feel free to entertain your picks and why!

    REE'S have been an interest for a few of us over the last couple of years. I had exposure to Lynas (OTCPK:LYSCF). Some posters might have questions about this group as well.

    If you disagree with a post please bring proof and display your argument. If you agree with a post, find one interesting, or have questions please feel free to respond. We must remember were all in this together. So if you want to talk politics and how it affects everyday life, fine with me!!

    Now if some have an opinion on Copper, Zinc, Palladium, etc. Do not hesitate to post that. Most of us might not understand the post but I am sure we'll be open to learning. Lumber might interest someone and I would like to learn why I should invest in it. PLEASE bracket any symbol as it also allows a reader to click on it and get some data.

    My part time job is a college and high school official so I can sit here and referee all day long. I honestly hope that ALL will be professional with their comments. So lets see who comes on board. Looking forward to what can become a nicely knit group of diversified investors.

    I have invited a few Authors whose work I admire to bring their expertise to the forum here as. Tom, Eric, Hebba, Doug to name a few, in no particular order, will drop in once in a while to voice their opinions. Please feel free to ask your favorite Authors to join in the discussion.

    These are highly recommended people that I suggest you follow as well. I have learned a ton from them and find their work both challenging and engaging. Two areas that I hope inspire people who normally don't post to now feel free to do so !!

    Now I also feel compelled to encourage the use of the like button. It is human nature that once someone posts and see the like button add up they will feel they made a valid point. Upon that feeling they will post again! So if you do like what someone posted, either a question or an answer PLEASE use it ! It might help our core grow exponentially as well

    LURKERS , we are waiting for you to post here too!

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Additional disclosure: TRADING DATA ONLY !!!

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Comments (223)
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  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » THE OFFICIAL RULES FOR THE CHALLANGE. NO POSTING ALLOWED UNTIL AUGUST 1ST !!! I WILL REMOVE ANY PRIOR.

     

    Here we go !!

     

    1) you have 100k to invest at your disposal ANYTIME after Aug 1st.

     

    2) We are going to use the closing days price for any transactions.

     

    3) Monthly updates should be provided by each investor.

     

    4) any transaction has to be posted.

     

    5) You do not have to invest all 100K at the beginning, make it as real as possible.

     

    6) If you do make your portfolio on Aug 1st you use July 31st closing numbers. Please make sure you bracket the symbol , how many shares, price per share, and total amount invested.

     

    7) Dividends reinvested are to be calculated by using that days closing price on payment day !

     

    8) Trade as often as you like without exceeding 100k unless you have a profit !

     

    9) We will stay at a maximum of 10 investments !!

     

    10) This will end on JULY 31ST 2014 !!
    26 Jul 2013, 11:09 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » IT'S team name.. LOCKED AND LOADED !
    30 Jul 2013, 03:26 PM Reply Like
  • southgent1951
    , contributor
    Comments (2547) | Send Message
     
    I was thinking of using the phrase "Money Machine" but that may sound too optimistic. I then leaned toward "Money Annihilators" for most of the evening but that sounded a tad pessimistic.

     

    So I settled on

     

    "Life is Like a Box of Chocolates"
    30 Jul 2013, 10:54 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » Ah, you should of went with "Money Annihilators" ... I like the sound of that one !!

     

    Still have time to change it if you'd like..
    30 Jul 2013, 10:59 PM Reply Like
  • southgent1951
    , contributor
    Comments (2547) | Send Message
     
    I thought Forest Gump said "life is like a bowl of cherries" but I had that wrong:

     

    http://bit.ly/18QAKn8
    30 Jul 2013, 11:01 PM Reply Like
  • CoinsK
    , contributor
    Comments (2751) | Send Message
     
    Investments by CK (Clark Kentski ).
    31 Jul 2013, 07:07 AM Reply Like
  • Dr. Ken Kapur
    , contributor
    Comments (134) | Send Message
     
    I plan to join the contest . Investments by Make Money
    31 Jul 2013, 08:22 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (4562) | Send Message
     
    I'll go with "Keep it simple"
    31 Jul 2013, 08:37 AM Reply Like
  • User 7415181
    , contributor
    Comments (570) | Send Message
     
    edit - I'll go with something more family friendly - "The Chase is Better than the Catch"
    31 Jul 2013, 08:41 AM Reply Like
  • Economic Analyst
    , contributor
    Comments (2379) | Send Message
     
    Blue Sky Investments
    31 Jul 2013, 09:16 AM Reply Like
  • Economic Analyst
    , contributor
    Comments (2379) | Send Message
     
    Blue Sky Investments is all in on DAL @21.23 31 July 13,

     

    total holdings 4710.31559 shares

     

    I'm now up 3.86% for a total account value to date of $103,860.00

     

    How am I doing so far?

     

    http://bit.ly/1bPvwcg
    1 Aug 2013, 05:15 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (4562) | Send Message
     
    Econ,,

     

    ? did I miss your post .. ? I don't see a purchase of (DAL) posted , if I did miss it , can u point us to that ..
    1 Aug 2013, 05:27 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1416) | Send Message
     
    great, but you will have to use today's closed price since you didn't post your buy of (DAL) yesterday! It went up after hours, looks like a great stock for this challenge.

     

    the rule is post what you want to buy after the market closes, so you use the close of day price. IT is giving us 4pm to 2 am (EST) to make our trades.
    1 Aug 2013, 09:58 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @EA

     

    I don't see any post of this trade so we will have to void it . Please reinvest or show me where the post is.

     

    Thanks!
    1 Aug 2013, 11:20 PM Reply Like
  • Economic Analyst
    , contributor
    Comments (2379) | Send Message
     
    IT -

     

    I did send you a PM in advance..so whatever, whenever, however, it's the same plan, for me - all in with the big blue chip on the DAL red tail for Blue Sky Investments. Just like one of Huey Long's typist's, I really want this job!

     

    http://bit.ly/14M57T3
    2 Aug 2013, 09:45 AM Reply Like
  • extremebanker
    , contributor
    Comments (1684) | Send Message
     
    LAZY GROWTH PORTFOLIO
    31 Jul 2013, 09:19 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (3555) | Send Message
     
    "Having Fun Yet"
    31 Jul 2013, 10:46 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » Glad to see some nicknames posted so far. Now let me clear up a point on the rules. You MUST post your buy or sell by midnight of that day!!
    Example. Let's say today I see that ABC is up 20% by 10am. I will not accept a post that says I bought ABC yesterday !! The day you post a trade is the day it happens. No backtracking.

     

    So this gives you time to come home and decide what you want to buy for the next day but you post it the day prior.

     

    Example. If I plan on buying ABC tomorrow I HAVE to post TONIGHT that I am buying ABC at todays closing price but it is effective tomorrow morning.

     

    If this sounds confusing then post it here.

     

    Like we start tomorrow but I might be posting my TRADES BY MIDNIGHT tonight that go in effect tomorrow. I will use today's closing prices and if a stock opens higher or lower tomorrow it does not matter, WE ALL ARE USING THE DAY'S PRIOR CLOSING PRICE.
    31 Jul 2013, 01:30 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    NO MATTER WHAT
    ... opening picks to follow this evening. Good Luck all... I know I probably won't compete near the top of the standings... just hoping to make a few good choices and learn.
    31 Jul 2013, 01:36 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » Let me clarify the timing of the trades. Maybe midnight is too soon for some. So let's use 2 am as the cutoff for the next days buys. Now of course to sell something you can use the same day to sell. So if we were playing today as an example and ABC stock gets hit to the downside you can post you are selling it during the day and then use the day's ending price.

     

    Now to BUY XYZ you can post during the day you bought XYZ that day and use that days ending price again.
    But NEVER can you say you bought XYZ YESTERDAY but post it TODAY !

     

    I am confusing myself but I think you should get the point. Maybe someone else would like to post to clarify what I am saying ????
    lol
    31 Jul 2013, 01:46 PM Reply Like
  • extremebanker
    , contributor
    Comments (1684) | Send Message
     
    We can't wait until tomorrow to post a transaction at today's close which may make a favorable move before we post the transaction.
    31 Jul 2013, 03:50 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @extreme

     

    Correct . You must post tonight what you want to buy for tomorrow and You MUST use tonight's closing price!. However if you chose to wait until tomorrow to post you HAVE to use tomorrow's night's closing price to avoid the favorable possibility.
    31 Jul 2013, 04:32 PM Reply Like
  • CoinsK
    , contributor
    Comments (2751) | Send Message
     
    I want to buy $80,000 of SLV @ todays close .Is that OK ?
    31 Jul 2013, 02:30 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @COINS.

     

    Yup. So just list the symbol in bracket's for people to follow what you bought , the closing price, and the amount of shares you want to buy. Then the total for the transaction.
    31 Jul 2013, 04:34 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    Or you can just buy and sell between 4pm EST and 2am EST and get the exact price its at. I was not planning on buying "during" any trading day anyway since you can't get the price until the close anyway... makes no sense.
    I guess there are day traders in here that will be going nuts but I am hoping to make good acquisitions for the most part and hold them for a while so trading in the middle of the day will be unnecessary.
    31 Jul 2013, 03:25 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @RICH

     

    Sorry, we are using the closing price at 4pm for all transactions just in case someone wants to verify it .
    31 Jul 2013, 04:35 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    OK, and that's exactly what I said. You said we have until 2am the next morning to buy. So, now that we have reached the close, we have until 2am to state our purchases or wait until tomorrow's end of the day prices.

     

    I will likely be submitting my list late tonight. Did you change the 2am deadline? If so, you have to stop changing the rules.
    31 Jul 2013, 04:54 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » ROS

     

    All I did was extend the deadline for people on the coast and people who work. You have until 2pm to list your purchase , not to wait for a price change. YOU MUST USE THE STOCK MARKET CLOSING PRICE . Now I will be gone until 9pm but I also want to see if Yahoo has a different price then SA on my portfolio.

     

    I thought I saw yesterday that they had different prices for one of my stocks. If so we will have to figure out what site we are using for the pricing. I am asking either SOUTH or FEAR to pick the site if you don't mind as I will be out until later with my kids basketball.

     

    Would like the pricing site decided by the group. I used YAHOO'S site to set up my mock portfolio.
    31 Jul 2013, 05:11 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    2pm????? You mean 2am, don't you????
    31 Jul 2013, 11:12 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » Yup.. Typo !!
    31 Jul 2013, 11:37 PM Reply Like
  • Notrub
    , contributor
    Comments (343) | Send Message
     
    CPST 34,200 shares @ 1.45, SYPR 15,400 shares @ 3.24 as of 7/31 closing.
    31 Jul 2013, 04:09 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @NOTRUB

     

    Could you please just total how much each transaction is so that the lurkers can see how much you invested. I also have a feeling someone playing is going to monitor this.

     

    Sorry for the trouble but brackets around the symbol also makes it easier for all to see what company as well.

     

    Thanks!
    31 Jul 2013, 04:38 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    (CPST) is 1.47, not 1.45, you are supposed to include the total spent and we are supposed to use brackets.

     

    What a start :-(
    31 Jul 2013, 05:02 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @NOTRUB...ROS is correct on the price. So the penalty for a 2 cent error is only $25 bucks mailed to me. Please adjust accordingly.

     

    So I guess ROS WILL BE OUR WATCHDOG HUH??
    31 Jul 2013, 11:41 PM Reply Like
  • User 7415181
    , contributor
    Comments (570) | Send Message
     
    VTSMX 2354 shares @42.48
    31 Jul 2013, 04:16 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @USER

     

    Sorry but can you do the same as NOTRUB has been asked to do. Put a bracket around the symbol and a total for the transaction. I appreciate it !

     

    I might add if you are trying to use all 100k on your transaction you can buy partial shares as well to come to the exact 100k...2354.04689 or something like that !!
    31 Jul 2013, 04:39 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    BRACKETS around the symbols folks. That the little { } or ( ) thingies
    31 Jul 2013, 04:55 PM Reply Like
  • User 7415181
    , contributor
    Comments (570) | Send Message
     
    Oops. Won't let me edit if someone replied, I guess. Just for IT:

     

    (VTSMX) 2354 shares @42.48 - $99997.92 cost price - I will keep $2.08 for buying opportunities.
    31 Jul 2013, 05:08 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » ( ) THESE THINGIES WORK BETTER !!
    31 Jul 2013, 11:41 PM Reply Like
  • User 7415181
    , contributor
    Comments (570) | Send Message
     
    I used those - didn't work. Maybe because it's an index fund?
    1 Aug 2013, 06:58 AM Reply Like
  • extremebanker
    , contributor
    Comments (1684) | Send Message
     
    LAZY GROWTH PORTFOLIO

     

    300 shares of (RSP) @ 64.72 = 19416.00
    200 shares of (VBR) @ 89.43 = 17886.00
    500 shares of (XLF) @ 20.49 = 10245.00
    100 shares of (VCR) @ 96.02 = 9602.00
    100 shares of (VHT) @ 92.99 = 9299.00

     

    3 Mar 14 SPY 145 calls @ 25.48 = 7644.00

     

    Cash available for future investment 25908.00

     

    Total portfolio 100,000.00
    31 Jul 2013, 04:31 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    So far some interesting approaches. Funds, funds, funds and no one using the 10 stock limit.

     

    For me personally, the learning process as well as the fun element will be much better served by using most, if not all ten choices permitted so that will be the route I take. It will also allow me to learn about the real life movement of ten stocks at once which ultimately may lead me to buy one or two for real. That's the way I look at this exercise. Good luck all.
    31 Jul 2013, 05:08 PM Reply Like
  • extremebanker
    , contributor
    Comments (1684) | Send Message
     
    LAZY GROWTH PORTFOLIO

     

    300 shares of (RSP) @ 64.72 = 19416.00
    200 shares of (VBR) @ 89.43 = 17886.00
    500 shares of (XLF) @ 20.49 = 10245.00
    100 shares of (VHT) @ 92.99 = 9299.00
    200 shares of (SSO) @ 86.00 = 17200.00

     

    Cash for future investment =

     

    Total portfolio = 100,000.00
    31 Jul 2013, 09:34 PM Reply Like
  • extremebanker
    , contributor
    Comments (1684) | Send Message
     
    LAZY GROWTH PORTFOLIO

     

    300 shares of (http://bit.ly/14K1P3D) @ 64.72 = 19416.00
    200 shares of (http://bit.ly/16kU8Vo) @ 89.43 = 17886.00
    500 shares of (http://bit.ly/IShhkY) @ 20.49 = 10245.00
    100 shares of (http://bit.ly/16kU8Vp) @ 92.99 = 9299.00
    150 shares of (http://bit.ly/16kU7Rw) @ 84.71 = 12706.50

     

    Cash for future investment 30447.50

     

    Total portfolio = 100000.00
    31 Jul 2013, 09:44 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » EXTREME

     

    Cash for future investment is ???
    31 Jul 2013, 09:46 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @ROS

     

    Personally nobody cares what your plans are.. lol.. Just send the $100 entry fee to me and were set ! You have my address right?

     

    LOCKED AND LOADED !!
    31 Jul 2013, 10:34 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    First it was $8.95 a trade and now its $100 entry fee... are you sure you just don't want me to sign over the deed to my house to play this contest?
    31 Jul 2013, 11:14 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » ROS

     

    I know you get confused a lot being a METS fan...However it is $100 bucks to join and $8.95 a transaction fee. You have already used up your FREE 5 questions so the next one cost only $10 bucks up to a max of 10 questions. THEN it escalates !!

     

    Canadians have to pay double according to SOUTH !!

     

    Listen about 100 people are waiting to see your choices so will you do them already as it is almost midnight !! The cutoff for today. hehe
    31 Jul 2013, 11:45 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    I guess its a good thing then that the Red Sox are my favorite team just as much as the Mets are.
    1 Aug 2013, 08:14 PM Reply Like
  • southgent1951
    , contributor
    Comments (2547) | Send Message
     
    Life is Like A Box of Chocolates:

     

    Team members:

     

    Right Brain: Swings for the Fences on Every Pitch-Doesn’t Sweat the Details

     

    Left Brain: The Nerd Machine-Overly Cautious and Myopic

     

    Old Geezer: Heavily influenced by the RB, frequently befuddled and flummoxed, listens to Frank Sinatra, needs a constant dose of chill pills-OG can not decide what to buy yet

     

    Head Knocker: Our Dear Leader, Boss of Everything, LB on Steroids-Waiting for OG to do something

     

    RB Buys:

     

    2000 shares of Opta Minerals on the Toronto Exchange at Canadian $2.86, using a strong currency, the U.S. Dollar, to buy a stock priced in a weak currency, Freddy’s Canadian Dollar.

     

    There is no symbol here at SA for Opta’s ordinary shares.

     

    I am using the symbol at Marketwatch: http://on.mktw.net/18N...

     

    Converting C$5,700 into USD $5,546.91 (today’s conversion value at market close)
    http://yhoo.it/14CU2Yq;_ylt=AoHBskUVAYWo2t3O... - from=CAD;to=USD;amt=5700

     

    Cost 2000 shares of CA:OPM =USD $5,546.91

     

    Within a year, the Lame Brain RB is speculating that OPM will be sold by STKL.

     

    My blog discussion:
    http://bit.ly/WsXlM3

     

    LB buys the following:
    200 (MGC) at $57.69=$11,538
    1000 (GE) at $24.37= $24,370
    1000 (SAN) at $7.32= $7,320
    300 (EFM) at $25.19: $7,557
    1000 of the Canadian Stock CEF CA: CGI at C$15.02 = C$15,020
    Cost in USD of $14,618

     

    Using Quote from Marketwatch for CA:CGI
    http://on.mktw.net/18N...

     

    Converting C$15,020 into USD$14,618
    http://yhoo.it/14CU2Yq;_ylt=AoHBskUVAYWo2t3O... - from=CAD;to=USD;amt=15020

     

    CGI is a Canadian stock CEF selling at close to a 32% discount to its net asset value per share:

     

    Sponsor’s Website:
    http://bit.ly/11gOEJS

     

    My Last Discussion:
    http://bit.ly/18NmCY9

     

    Cost Summary:
    2000 CA:OPM: $5,546.91
    200 MGC: $11,538
    1000 GE: $24,370
    1000 SAN: $7,320
    300 EFM: $7,557
    1000 CA:CGI: $14,618

     

    Total Cost: $70,949.91

     

    Cash Remaining: $29,050.09

     

    All dividends paid in cash.
    31 Jul 2013, 05:00 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @SOUTH

     

    I have no clue why you are converting anything but ok...

     

    EXTREMEBANKER did it the way I was hoping everyone will do it.

     

    Be back at 9 ish to answer any other questions..
    31 Jul 2013, 05:15 PM Reply Like
  • southgent1951
    , contributor
    Comments (2547) | Send Message
     
    IT: We are using $100,000 USDs. I am buying two securities on the Toronto exchange priced in Canadian Dollars and converting my USDs into Canadian Dollars to complete the transaction. When I sell, I will reverse the process and hope that the shares gain in value and the CAD rises against the USD. I can not use SA symbols for the Canadian securities. I used the correct symbol for the Entergy Mississippi 6.2% First Mortgage bond but apparently SA does not recognize it.
    31 Jul 2013, 05:47 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » SOUTH.. You know what you are doing, I am glad you explained it as I was lost to be honest. I trust you but some of us have no side of our brains that work. You know us AMERICANS... LOL

     

    I GUESS WE CAN ALLOW FOR A CONVERSION, never thought of that one !!
    31 Jul 2013, 06:27 PM Reply Like
  • southgent1951
    , contributor
    Comments (2547) | Send Message
     
    IT: Remember Freddy says the U.S. is going to implode soon.

     

    So, I was using the temporary insanity of investors who have driven the value of the Canadian currency down versus the currency of the soon to be banana republic, known now my the natives as the USA, at least according to our gracious neighbor from Canada, a country that will soon to be renamed Northern Tennessee after my RB accumulates enough cash to make a tender offer for all of that fine country.

     

    While I bought Santander on the U.S. stock with USDs, the price will fluctuate based on the relative value of the Euro versus the USD. I explain how that worked when I bought the ADR for AXA in my blog.

     

    3. Bought 100 AXA Financial ADR at $14.69 (AXAHY)
    http://bit.ly/1bHeBDq

     

    Some investors are under the mistaken impression that they avoid currency risk by buying a foreign ADR using USDs on the NYSE.

     

    An investor has the same currency risk buying that ADR as they would converting their USDs into the foreign currency and buying the ordinary shares traded on the foreign host market exchange.

     

    **********

     

    I noticed that one participant went with one of my current Lottery Ticket selections, CPST:

     

    Bought 300 CPST at $.9852-LT Category
    http://bit.ly/197VN0G

     

    I also discussed Capstone Turbine in a recent update of my LT Basket strategy:

     

    A. Capstone Turbine (CPST):
    http://bit.ly/14H8vAK

     

    Another went with a former LT, XIN, that I sold after a double:
    A. Sold 100 Xinyuan Real Estate at $5.82

     

    http://bit.ly/ZzX9d9
    31 Jul 2013, 06:49 PM Reply Like
  • southgent1951
    , contributor
    Comments (2547) | Send Message
     
    SA does not recognize the symbol for EFM.

     

    This is a link to the Marketwatch Quote:

     

    Entergy Mississippi-EM- 6.20% Series First Mortgage Bond 2040
    http://on.mktw.net/18S...

     

    Prospectus:

     

    http://1.usa.gov/18SONbQ

     

    Just in case I am wrong about interest rates moving up.

     

    This bond traded at over $29 at one point earlier this year ($25 par value; interest payments are made quarterly; callable at par plus accrued interest on or after 4/15/2015)

     

    I recent bought in the Roth IRA ELB, a 6% First Mortgage Bond issued by Entergy Louisiana and discussed in the 7/27/12 Post; and I recently bought EMQ at $24.83 in the Roth, a 6% First Mortgage Bond from EM which will be discussed in next Saturday's post.

     

    In the Roth IRA, these investment grade first lien bonds, which pay taxable interest, become tax free bonds.
    31 Jul 2013, 08:56 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @SOUTH

     

    " at least according to our gracious neighbor from Canada, a country that will soon to be renamed Northern Tennessee after my RB accumulates enough cash to make a tender offer for all of that fine country."

     

    Do you honestly want to buy that Country? Maybe Africa with all those mines but Canada???
    31 Jul 2013, 10:38 PM Reply Like
  • southgent1951
    , contributor
    Comments (2547) | Send Message
     
    Life is Like a Box of Chocolates

     

    Team member Old Geezer has selected 500 of (EWS) at $13.33

     

    Total Cost= $6,665

     

    Remaining Cash = $22,385.09
    31 Jul 2013, 11:41 PM Reply Like
  • southgent1951
    , contributor
    Comments (2547) | Send Message
     
    Life Is Like a Box of Chocolates:

     

    Sold 300 (EFM) at $25.52= Proceeds of $7,656

     

    I do not have to pay LT a commission fee due to a previous credit "for services rendered".

     

    SA Does Not Recognize the symbols for exchange traded bonds and preferred stocks. EFM is an exchange traded First Mortgage bond.

     

    Closing Price 8/1/13 from YF:
    http://yhoo.it/1ciT5JX

     

    Prior Cash Balance: $22,385.09
    +7,656=$30,041.09

     

    I am buying 400 of (SANPRB) at $19: Cost of $7600

     

    The symbol is not recognized by SA.

     

    YF Closing Price for the Santader Preferred B

     

    http://yhoo.it/1ciT8p5
    Closing Price 8/1/13: #19 Down $.34 or 1.76% for the day

     

    Remaining Cash After SANPRB=$22,441.09

     

    Bonds took a licking today and could be whacked again with a better than expected jobs report tomorrow. TLT, the ETF for the 20+ year treasury bond, was down $2.07 or 1.93%. EFM is a long dated bond.

     

    I am keeping the First Mortgage bonds that I actually own in my Roth IRA (EMQ and ELB)

     

    SANPRB is a floating rate equity preferred stock that pays non-cumulative qualified dividends at the greater of 4% or .52% over the 3 month LIBOR rate on a $25 par value. I view it as underpriced compared to similar coupon floaters such as ZBRPA and STIPRA, as noted in my blog when I recently discussed an add.

     

    6. Bought Back 50 SANPRB at $19.35 Roth IRA
    http://bit.ly/1ciT5K1

     

    I view these securities as trades. They do combine in one security some protection in the low inflation/deflation scenario (the minimum coupon) and the problematic inflation scenario (the Libor float provision).
    1 Aug 2013, 06:44 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (4562) | Send Message
     
    South,
    we may need an independent accounting firm to audit your results..

     

    :) (just kidding)

     

    I was able to create a spreadsheet in google , inputting all of the portfolios. Seems pretty good, basic at this point , updates dynamically using google finance,,

     

    If my data is correct , user 741 up 1388.86
    extremebanker ,up 1095.5
    bluesky up 835 & Richonsilver up 678.

     

    It wont track souths portfolio because of currency exch & doesn't support Toronto listed stocks

     

    The spreadsheet can be shared , so if the group thinks this may be worthwhile, let me know & I'll see what is needed for anyone that may be interested to gain access,,
    1 Aug 2013, 07:22 PM Reply Like
  • southgent1951
    , contributor
    Comments (2547) | Send Message
     
    F & G: I have got it covered. One of the Mexicans that does yard landscaping for me is keeping track of my portfolio.
    1 Aug 2013, 07:27 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3587) | Send Message
     
    Awesome contribution! PM sent w/my Gmail address so you can add me when ready.
    1 Aug 2013, 07:32 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    So ban the southgent portfolio then. It will spare us the nonsense of converting choices that should not have been allowed to begin with and best of all it will eliminate his silly book-long posts.
    1 Aug 2013, 08:16 PM Reply Like
  • southgent1951
    , contributor
    Comments (2547) | Send Message
     
    ROC: I am with you. Just eliminate SG's portfolio and his "silly book-long posts" and the "converting" nonsense.

     

    All in favor of eliminating Southgent 1951's portfolio for being silly and so on:

     

    ROC: Yes
    SG: Yes
    1 Aug 2013, 08:23 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @RICHONSILVER

     

    I am sorry to inform you that your have insulted too many people here and I have no choice but to ban you from this site.

     

    You obviously have issues to work out but I am done with your nonsense. SOUTH is valuable to us and you just don't seem to understand the warnings.

     

    So I am not removing your posts so all can see and maybe a few are attached to your post and get removed as well. Not sure what your issues are but I wish you good luck.

     

    FEAR, You can stop following ROC'S picks as he is done. If he continues to post all just ignore it and I will delete it when I see it.
    1 Aug 2013, 10:25 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1416) | Send Message
     
    Fear, you calculated mine wrong. Using Yahoo 4pm closed prices:

     

    (SNA) 100 @ 94.85 up $1.10 = $110

     

    (OAK) 200 @ $54.01 down $0.05 = - $10

     

    (GPC) 100 @ $84.99 up $1.98 = $198

     

    (MCD) 100 @ $98.03 up $0.92 = $92

     

    (UNH) 149 @ $72.85 up $0.31 = $46.19

     

    (BAC) 500 @ $14.60 up $0.35 = $175

     

    (WFC) 250 @ $43.50 up $0.76 = $190

     

    (LMT) 100 @ $120.12 up $2.05 = $205

     

    (LO) 200 @ $2.53 up $0.61 = $122

     

    (CMI) 100 @ $121.19 up $1.75 = $175

     

    Total = $1,303.19
    1 Aug 2013, 10:30 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (3555) | Send Message
     
    @ ROS

     

    That's highly offensive of you. South's contributions are TREMENDOUS.

     

    Your contribution is to insult randomly, anyone who contributes here. I thought you were past that, but I guess not.

     

    Beats me why you think the way you do -- but time to move on and away from here. The only thing silly here, is you criticizing over and over and over and over again, the very people you're spending time with.

     

    I understand that you have significant personal issues. I hope you can find what you need. Beating up on knowledgeable people for taking time to help others -- isn't it.

     

    I personally read though South's post and learned things as I did. And some is still over my head, and I hope to learn eventually.

     

    So all in favor of eliminating Southgent 1951's portfolio for being silly and so on:
    Curls: NO
    IT: NO
    And so on!
    2 Aug 2013, 12:19 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (4562) | Send Message
     
    Blue sky,

     

    yep u r absolutely correct, just found the error in one of the formulas.

     

    I'm going to go over the spreadsheet in more detail this weekend, I 'll post the entire results so all can check if this tracking spreadsheet is correct..

     

    Thanks
    2 Aug 2013, 09:07 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » 2FEAR

     

    UH, You can skip over my report card !! lol
    2 Aug 2013, 09:31 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (4562) | Send Message
     
    IT,
    seems like we got off to a rolling start here , Just to to be consistent . we can use the marketwatch.com site that "south" is referring to . note we should be using the "today's Close" as the actual price since there is additional trading after hours.. IE GE closed @ 24.37 , ( as stated by south ) however the price quoted now is 24.40.....

     

    For me as of today, I am in cash -----
    31 Jul 2013, 05:50 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @FEAR

     

    Ok, now how do we use that site and lock in the closing price? I am juggling 3 things now so I appreciate a way to do that.

     

    I have not used that site or have time to look right now.So does it show "todays close" somewhere ? I see that some sites keep rolling along with after hours trading like you just pointed out. but if I walk in at 10pm tonight and wanted to make my picks can I use that site and find the closing price at 4 pm?

     

    If so great, and can you also set up a portfolio on that site as well to track the daily movements ? This way I would switch from YAHOO FINANCE and put mine there so that were all on the same page.

     

    I guess different sites have different closing prices? I am still new to this as well. Thanks for the help.
    31 Jul 2013, 06:22 PM Reply Like
  • southgent1951
    , contributor
    Comments (2547) | Send Message
     
    IT: SA will show the same closing price as Yahoo Finance or Marketwatch. I had to use Marketwatch for the two Canadian securities bought on the Toronto Exchange since SA does not have the symbols.

     

    The same quotes for those two Canadian securities can be found at Yahoo Finance:

     

    CGI:TO at YF CAD$15.02 at the close
    http://yhoo.it/15wtrME

     

    OPM:TO at YF CAD$2.86 at the close
    http://yhoo.it/15wturF

     

    "TO" stands for the Toronto exchange. To trade on that exchange, I have to use Canadian Dollars. To use Canadian dollars, I have to convert my USDs into CADs.

     

    SA, Marketwatch, and Yahoo Finance would have the same closing price for GE at $24.37.

     

    Since we are using the closing price during regular market hours, we would not be using the price in after market trading. Both YF and Marketwatch show the closing price at the end of regular trading and after hours trading. We should be using the former not the later per your rules.
    31 Jul 2013, 06:33 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @SOUTH

     

    I agree but on YAHOO FINANCE how do you know the closing price? I saw a stock I follow and it was using after hours trading?

     

    How do I change that? Plus EXTREME used a call option which is not allowed. I pm'd him about it already. Nobody else caught it?

     

    Remember just simple buy and sell stocks, bonds, etf, but nothing fancy !!
    31 Jul 2013, 06:36 PM Reply Like
  • southgent1951
    , contributor
    Comments (2547) | Send Message
     
    IT: Both YF and Marketwatch will clearly distinguish the closing price during regular trading hours and the after market hours trading.

     

    E.G. GE is shown at $24.37 as of 4:00 P.M. and then there is an "after hours" price as of 6:46 P.M. of $24.42. We should be using the regular closing price of $24.37.
    31 Jul 2013, 07:17 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    I have always used Yahoo and that's what i am going by. I already have my mock portfolio set up there. Between the silly unnecessarily complicated posts and now conflicting prices, this is getting off to an annoying start.

     

    I am using Yahoo and listing my stocks in parenthesis with share price and total price as instructed. Why does this have to be annoyingly altered by any or all participants??? I was going to record all choices and keep track myself but I see this is more of a circus than I expected so I will just make my list and report my changes.

     

    Like you said IT, no one cares about my picks...well I can say the reverse. Actually, there are a couple contributor's whose picks interest me. Hopefully, they follow Extreme's lead and keep it simple by following the very easy instructions laid out in the original post.

     

    It is 11:25pm here so I am assuming i have a couple hours to submit my list. Wanna look it over one more time.
    31 Jul 2013, 11:23 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    I have used Yahoo for years and have never seen it use an after hours price
    31 Jul 2013, 11:29 PM Reply Like
  • southgent1951
    , contributor
    Comments (2547) | Send Message
     
    YF has always shown the closing price and any after hours trading on the quote page:

     

    GE: Closing Market Price $24.37 at 4:00 P.M. E.S.T.
    Closing After Hours Price $24.42 at 7:55 P.M. E.S.T.
    http://yhoo.it/1695xFO

     

    31 Jul 2013, 11:48 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » ROS

     

    no, THE DEADLINE WAS SWITCHED BACK TO MIDNIGHT. Didn't you get the memo?

     

    Seems like the pressure is building up eh?
    31 Jul 2013, 11:49 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3587) | Send Message
     
    As an informational aside, you can, in Excel, add external data that can be refreshed. The built-in (at least on my old copy of Office) resource is MSN Money. The first two columns in the pre-defined table it pulls are Last price (after close, this is the closing price, and any after-hours price movement is ignored) and the Previous Close price (from the prior day).

     

    It's a very useful tool that saves a lot of time, if you do your own spreadsheeting. Right-click, select refresh, and link prices to your individual stocks from the "Last" column. I use it in my own real-life portfolios, so at any time of the day I can tell you (well, myself - nobody else seems to care outside of my wife) exactly how much I'm worth, to the penny. ;)
    1 Aug 2013, 06:58 PM Reply Like
  • Rinascimento
    , contributor
    Comments (1029) | Send Message
     
    Buying 100 shares of (CF) @ $196.01
    Buying 100 shares of (XIN) @ $5.00
    31 Jul 2013, 06:08 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @RIN

     

    I am not trying to bust shops here at all, but would you mind expanding on the total price like EXTREME did above? This way people can see what you spent, and what you have left.

     

    Thanks, BTW the brackets are very helpful as I already received a PM from a lurker.
    31 Jul 2013, 06:25 PM Reply Like
  • Rinascimento
    , contributor
    Comments (1029) | Send Message
     
    Buying 100 shares of (CF) @ $196.01
    $196.01 x 100= $19,601

     

    Buying 100 shares of (XIN) @ $5.00
    $5.00 x 100= $500

     

    Total cost= $19,601 + $500=$ 20,101
    Cash left= $100,000 - $20,101=$79,899
    31 Jul 2013, 08:37 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @RIN

     

    You do know if you pass away you can't take that $80k with you right?
    1 Aug 2013, 12:30 AM Reply Like
  • Rinascimento
    , contributor
    Comments (1029) | Send Message
     
    IT
    additional buys:
    200 shares of (http://bit.ly/quothf) @ $29.10= $5,820
    500 shares of (http://bit.ly/pjlgGH) @ $40.27= $20,285
    200 shares of (BRK.B) @ $117.28= $23,456
    200 shares of (http://bit.ly/1ciXPiK) @ $35.98= $7,076
    260 shares of (http://bit.ly/xnZs4N) @ $89.91=$23,324.6
    Total $79,961.6 + $20,101=$100,062.6
    Even the money that I imagine belongs to the wife
    1 Aug 2013, 07:18 PM Reply Like
  • CoinsK
    , contributor
    Comments (2751) | Send Message
     
    4000 Shares of (SLV) @ 19.14 pershare =76,560.00
    500 shares of (BMO) @ 62.12 pershare = 3305.00
    2500 shares of (snta) @ 6.71 pershare = 16775.00
    96,640
    Balance cash 3360.00

     

    For CK Investments ClarkKentski
    31 Jul 2013, 06:15 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @COINS

     

    SNTA did not show up as a symbol because you did not capitalize it. So if you copy and paste you will have to redo the other 2 as they will show up garbled. Now if you choose just to type it over you will be fine.

     

    Speaking of fines. For incorrect input send me $50 dollars and well let it slide this time..

     

    Can't wait to SOUTH tears my picks apart , FEAR is laughing as well. But I got the system down pat and will school all of you.
    31 Jul 2013, 10:53 PM Reply Like
  • CoinsK
    , contributor
    Comments (2751) | Send Message
     
    4000 Shares of (SLV) @ 19.14 pershare =$ 76,560.00
    500 shares of (BMO) @ 62.12 pershare = $ 3305.00
    2500 shares of (SNTA) @ 6.71 pershare = $ 16775.00
    ......................... = $ 96,640
    Balance in cash .................= $3360.00

     

    For CK Investments ClarkKentski
    1 Aug 2013, 06:59 AM Reply Like
  • CoinsK
    , contributor
    Comments (2751) | Send Message
     
    Got it ,just take fines and fees from my winnings :)
    1 Aug 2013, 06:59 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (4562) | Send Message
     
    Coins,

     

    500 shs of BMO @ 62.12 ==31060 - not 3305 ?

     

    so u are over the 100,000 limit ?

     

    if I missed a correction,, sorry
    1 Aug 2013, 10:44 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @FEAR

     

    Good catch !! What's up coins?? lol
    1 Aug 2013, 10:47 AM Reply Like
  • CoinsK
    , contributor
    Comments (2751) | Send Message
     
    error found in calculation of BMO let's try $53.2 shares of BMO Not 500
    1 Aug 2013, 05:21 PM Reply Like
  • CoinsK
    , contributor
    Comments (2751) | Send Message
     
    53 Shares of (BMO) is what it should be .Next time I use my glasses when I use the calculator.

     

    How about this ?
    4000 Shares of (http://bit.ly/r33R8k) @ 19.14 pershare =$ 76,560.00
    53 shares of (http://bit.ly/rCoUnp) @ 62.12 pershare = $ 3292..36
    2500 shares of (http://bit.ly/1bPxZ6F) @ 6.71 pershare = $ 16775.00
    ......................... = $ 96627.36
    Balance in cash .................= $ 3372.64

     

    For CK Investments ClarkKentski

     

    Sorry for the mistake,Am I fired ?
    1 Aug 2013, 05:26 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » THIS IS PERFECT..EXTREME DID THIS ABOVE !!!

     

    LAZY GROWTH PORTFOLIO

     

    300 shares of (RSP) @ 64.72 = 19416.00
    200 shares of (VBR) @ 89.43 = 17886.00
    500 shares of (XLF) @ 20.49 = 10245.00
    100 shares of (VCR) @ 96.02 = 9602.00
    100 shares of (VHT) @ 92.99 = 9299.00

     

    3 Mar 14 SPY 145 calls @ 25.48 = 7644.00

     

    Cash available for future investment 25908.00

     

    Total portfolio 100,000.00

     

    however I JUST NOTICED EXTRME used a call and that is not allowed. So I will PM him ..Just caught it..
    31 Jul 2013, 06:31 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (3555) | Send Message
     
    HavingFunYet

     

    --- cash for the moment.
    31 Jul 2013, 07:19 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @CURLS

     

    Come on in the waters fine !! Just sayin...
    31 Jul 2013, 10:58 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (3555) | Send Message
     
    @ IT

     

    Water is cooling down. I'm in cash cause I think it's best right now.
    31 Jul 2013, 11:31 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @CURLS

     

    OK, OK, don't have to bite my head off. Geez...Ya know Fiat MONEY ISN'T WORTH MUCH ANYMORE. Just sayin.

     

    BTW you done posting in the conspiracy chapter yet ? I learned more in those post then I did in Religion school. What a debate so whomever hasn't taken a peek should do so ...
    31 Jul 2013, 11:52 PM Reply Like
  • CoinsK
    , contributor
    Comments (2751) | Send Message
     
    Isn't CASH considered a "Non- Performing asset" ?
    1 Aug 2013, 08:25 AM Reply Like
  • Windwood Trader
    , contributor
    Comments (2451) | Send Message
     
    >CoinsK-

     

    " Isn't CASH considered a "Non- Performing asset" ? "

     

    It performs very well if you are Short Cash.
    1 Aug 2013, 08:19 PM Reply Like
  • FocalPoint Analytics
    , contributor
    Comments (5806) | Send Message
     
    500 SHARES (SDS) @ 36.83 = $18,415
    Cash available for future investment $81,585
    31 Jul 2013, 07:30 PM Reply Like
  • FocalPoint Analytics
    , contributor
    Comments (5806) | Send Message
     
    Addition:
    500 SHARES (SDS) @ 36.83 = $18,415
    1,000 (EWV) at 19.62 = 19,620
    Cash available for future investment $61,965
    31 Jul 2013, 08:28 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @FOCAL

     

    I knew you could not resist. lol Glad to have you !!

     

    This is one of my mentors and he has a great blog that you folks should take a look at !
    31 Jul 2013, 09:50 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (3555) | Send Message
     
    @ FP

     

    Oooh interesting. A shorting ETF on the S&P 500. For my real money I'm effectively short the S&P since May22 (I moved to cash). Hope you are onto something!

     

    Plus shorting Japan...
    31 Jul 2013, 10:20 PM Reply Like
  • FocalPoint Analytics
    , contributor
    Comments (5806) | Send Message
     
    Thought I would start off with some shorts for August.
    Looks like its going great IT !!
    1 Aug 2013, 01:29 AM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1416) | Send Message
     
    Crazy Train Investments:

     

    Snap-on Inc. (SNA) 100 @ $94.85 = $9,485

     

    Oaktree Capital Group (OAK) 200 @ $54.01 = $10,802

     

    Genuine Parts Co. (GPC) 100 @ $81.99 = $8,199

     

    McDonald's Corp (MCD) 100 @ $98.03 = $9,803

     

    United Health Group (UNH) 149 @ $72.85 = $10,854.65

     

    Bank of America (BAC) 500 @ $14.60 = $7,300

     

    Wells Fargo Co. (WFC) 250 @ $43.50 = $ 10,875

     

    Lockheed Martin (LMT) 100 @ $120.12 = $12,012

     

    Lorillard (LO) 200 @ $42.53 = $8,506

     

    Cummins Inc. (CMI) 100 @ $121.19 = $12,119

     

    Totals $99,955.65
    31 Jul 2013, 07:38 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » BSF

     

    Sure you don't want to buy a partial share to use up the balance ? You can if you like. Or your just going to keep the cash as you trade ?
    31 Jul 2013, 10:51 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1416) | Send Message
     
    Will wait & see how the portfolio does, to use up the leftover amount. I put it into the portfolio option available on the main page here on SA. It's a pretty cool portfolio, you can check dividends, performance, etc. so every day I'll know exactly how it's performing. This portfolio was up $453 for the day, that's kind of neat (I guess it was using opening or previous closed prices).

     

    I picked stocks that I actually own or that are on my buy list. These are all stocks that are worth buying, because the PE is low & earnings are increasing. These are the kinds of stocks that I like to buy & hold. I won't sell unless they start to lose value significantly. Very likely that I won't do anything, just let the dividends re-invest.

     

    Lorillard has dropped a lot in the past week, because the Federal gov't is taking a look at regulating menthol cigs. In the past, these buying dips with the tobacco stocks have been worth buying.

     

    For what it's worth, in my own portfolios I have around 50 companies, trying to keep them somewhat evenly distributed. I like to follow the DGI method of picking stocks, plus a few that I think are good growth stocks. (BAC) is a bit of a gamble, but I think it will do well.

     

    So my portfolio is mostly a DGI (dividend growth investment) one.

     

    Happy returns to all!
    31 Jul 2013, 11:29 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    well done Blue... if only everyone could follow instructions so well
    31 Jul 2013, 11:33 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @BSF

     

    Be careful as SA stock prices have been wrong a few times already..

     

    @ROS

     

    YOU HAVE 5 MINUTES UNTIL MIDNIGHT ! better post those gems soon!
    31 Jul 2013, 11:55 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    you said 2 am
    1 Aug 2013, 12:09 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » OH, ok , for you I will allow it. You going to keep those hundreds waiting that long for them??

     

    Getting PM'S ALL NIGHT ASKING "when does ROS pick??"

     

    You have less then 2 hrs now!
    1 Aug 2013, 12:11 AM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    I put my picks in at 12:09 because I understood the deadline to be 2:00am. It took me about 10 minutes to type them and add them up to be sure of numbers. If you refuse the picks, you can count me out. With all the silliness going on here, not accepting my picks in a closed market because of nine minutes would be the silliest. Your call IT
    1 Aug 2013, 12:12 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » ROS

     

    Don't you know when I am busting them by now? You can buy partial shares if you want to use that little cash on something??
    1 Aug 2013, 12:15 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (3555) | Send Message
     
    ROS

     

    You do realize IT was ribbing you ... for fun... it keeps you included and part of things... Your picks are fine, and you are all set to go!

     

    I'm the only one who's going to be picking at 2:10am and IT's going to have decide whether to exclude me, lol!
    1 Aug 2013, 12:22 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » Locked And Loaded !!

     

    (ACAS) 750 shares @ 13.72 = 10,290.00
    (AINV) 1000 shares @ 8.13 = 8,130.00
    (CVRR) 500 shares @ 29.04 = 14,520.00
    (FSC) 1000 shares @ 10.84 = 10,840.00
    (NTI) 500 shares @ 25.15 = 12,575.00
    (NUGT)1000 shares@ 7.35 = 7,350.00
    (PSEC)1000 shares @ 10.95 = 10,950.00
    (SLW) 500 shares @ 22.97 = 11,485.00
    (TICC) 1000 shares @ 10.04 = 10,040.00
    (VICL) 989.637 shares@ 3.86= 3,820.00

     

    Total invested 100k ..Left for the track zippo !!
    31 Jul 2013, 10:29 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » I know, I know, Your all looking at my portfolio and saying "how did he do that, he should write a book !"

     

    Go ahead, I gave you all an opening I am fair game !!

     

    Now on a serious note at some point I hope those playing will explain their picks so that others can learn from it. Me personally I am playing high dividend plays, going long on gold, using a silver streamer in SLW, and Focal has been talking in his blog about this one medical stock that I am taking a stab at !

     

    Looking for an income stream and if we do have a correction I will be getting the dividends. Now will all of this work out???? This is how I am going to learn.
    31 Jul 2013, 10:44 PM Reply Like
  • FocalPoint Analytics
    , contributor
    Comments (5806) | Send Message
     
    LOL, I sold off my VICL today for a 31% gain.
    1 Aug 2013, 01:32 AM Reply Like
  • User 7415181
    , contributor
    Comments (570) | Send Message
     
    @ IT (and anyone that might be interested),

     

    Since I've got a bit of time today, I'll put down my reasoning for picking the Vanguard Total Stock Market Fund. It's the best fund (maybe the only worthwhile one) available to me in my real-life 401k. So what do I do with it? Market goes up - it goes up. Market goes down - it goes down. Based on having bought it at the turn of the century in my Roth account, the returns weren't so good.

     

    Last fall, I read this article:

     

    http://seekingalpha.co...

     

    That got me mulling over things.

     

    Then, I found out I was still eligible for my 401k even though I officially waived benefits for a 12% raise this year. A bit better than a 50% match of 6% of my gross pay is too good to pass up.

     

    So I decided to implement the Nat Stewart strategy in the account. I like the fact that if you stick with it, you can miss large amounts of the market being crushed, so in real life 99% of my contribution goes into (VTSMX) and the remaining 1% goes into a Vanguard money market account.

     

    When the price of VTSMX crosses below the 300 day sma, I will switch all money and contributions into the money market account until the price goes back above the 300 day ma.

     

    I threw this idea around with F&G awhile back - he seemed to like it all right.

     

    A couple of weeks ago Extremebanker and Southgent were discussing it - Extreme was nice enough to send me this link:

     

    http://bit.ly/169pIbk

     

    which pretty much is the same strategy Nat Stewart laid out, with even more evidence of how it performs, except with more types of funds and even leverage if you so choose.

     

    And it works for this contest as I only have to look at the price of the fund once a month and falls well within the 10 stock/fund limit (as opposed to what I'm trying to do with my taxable account).

     

    And it's something I'm doing with my real money.
    1 Aug 2013, 11:18 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @USER

     

    Thanks for taking the time for the explanation..
    1 Aug 2013, 11:28 AM Reply Like
  • extremebanker
    , contributor
    Comments (1684) | Send Message
     
    User 7415:

     

    Back in the day I did almost exactly what you are doing. I bought Scudder Growth and Income (not in a 401 because I didn't have one) and as long as it stayed within 90% of it's 52 wk hi I stayed in. If it fell below that I went to cash. Didn't have computers and such back then. I bought and paid cash for three farms doing this with money leftover. I called it my "investing for dummies" strategy. You probably won't win the contest but give me most of the upmarket and little of the downmarket and I am good.

     

    I would also add that this strategy manages unsystematic and systematic risk. The fund is diversified with many holdings to diversify unsystematic risk and the timing model will help mange systematic risk.

     

    Good luck to you!
    1 Aug 2013, 11:28 AM Reply Like
  • User 7415181
    , contributor
    Comments (570) | Send Message
     
    Thank you and thanks again for the link to that white paper. I believe you named yours the "Lazy Growth Portfolio", but I believe mine may well be lazier!
    1 Aug 2013, 11:37 AM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    (BUD) 200 shares @ 95.71 = 19,142
    (HD) 200 shares @ 79.03 = 15,806
    (GILD) 200 shares @ 61.40 = 12,280
    (DFS) 200 shares @ 49.51 = 9,902
    (MRK) 200 shares @ 48.17 = 9,634
    (CSCO) 300 shares @ 25.59 = 7,677
    (AMD) 1900 shares @ 3.77 = 7,163
    (PSJ) 200 shares @ 32.02 = 6,404
    (AFOP) 200 shares @ 31.81 = 6,362
    (AL) 200 shares @ 27.88 = 5,576

     

    99,946
    1 Aug 2013, 12:09 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @ROS

     

    I cannot explain it but a big thump just hit the investing room after you posted your picks..
    1 Aug 2013, 12:33 AM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    "I cannot explain it but a big thump just hit the investing room after you posted your picks.."

     

    I am tired and have to go to sleep but perhaps you can explain the inside joke because I don't get it. I'll look for your clever explanation in the morning.

     

    zzzzzzzzzzzz
    1 Aug 2013, 12:46 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » ROS

     

    People passed out once they saw what you picked and fainted, hence the thump noise??
    1 Aug 2013, 12:53 AM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    By the way, I checked prices on Scottrade, Yahoo and SA. SA had two prices wrong. We go according to Yahoo
    1 Aug 2013, 12:31 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (3555) | Send Message
     
    @ ROS

     

    Thanks for checking. That explains a couple days when I was very puzzled by SA's numbers... I thought I was losing my mind.

     

    Bloomberg's little summary on it's upper left of it's future's page, also seems inaccurate some days (but I never checked carefully).
    1 Aug 2013, 12:36 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » "We go according to Yahoo"

     

    I that a book or movie? Sounds interesting!!
    1 Aug 2013, 12:40 AM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    No, just accuracy
    1 Aug 2013, 12:44 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (3555) | Send Message
     
    @ IT

     

    ROS is say we'll use Yahoo's numbers! Now get with the program... all that planning by you... don't go and lose it on us NOW :)

     

    I actually didn't get that thump joke either, so I too am looking forward to the morning's clever explanation...
    1 Aug 2013, 12:51 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » Y A H O O .....Joke wasn't one of my better ones. But I will end tonight with a true story that you might have heard pulled before. I bet a friend in college a hundred bucks that I could get that pretty girl at the bar to kiss me in 2 minutes. He took me up on it and as I reached the bar I told the girl about the bet, and would give her $50 bucks just for a kiss on the lips.

     

    She said ok, and we both made out on the deal. Didn't hurt that the girl was my best friends girlfriend. He chuckled and said lets make some money. I had kissed her a ton of times at college campus parties for a year before!!
    1 Aug 2013, 12:58 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @CURLS

     

    Actually the thumping I was told were people banging the floor in laughter, some actually passed out looking at the selections. Now are waiting for the rationale for the picks!!
    1 Aug 2013, 11:36 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @ROS

     

    You are really hungry for that 100 oz tungsten bar spray painted in gold huh? Gotta collect it from Doug who is holding it until next year !
    1 Aug 2013, 11:39 AM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    +$500 at 2:20pm... positive territory and most selections up. Who is laughing now???

     

    I suppose $50k on Caprstone Turbine or 80,000 shares of SLV are better choices.

     

    My objective was ro find stocks that were solid companies with promise of moderate gains. i am not looking for a home run because those are not realistic. I am treating this as a serious learning exercise. Please explain to me how Anheuser-Busch, Discovery, Home Depot, Merck and Cisco are choices to be laughed at???? They are all solid companies with upside for the next year. Granted i picked a few others that may not be common picks but they crossed my path during research and i liked what I read about them.
    I was also looking for choices that I can keep for a while, if not the entire year. I am not a day trader and not even a frequent trader in my "real life" situation so I am playing this as close to my reality as possible.

     

    To me, buying one or two stocks looking for a home run is counter-productive to the purpose of this exercise and in real life would be downright ignorant.

     

    Like I said before, I am looking for moderate gains overt he year and a good learning experience. So far, I am content with the first day.
    1 Aug 2013, 02:32 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    No, just taking the exercise as a very important and real learning experience. Please feel free why that is an incorrect approach to this.
    1 Aug 2013, 02:34 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @ROS

     

    I am only busting your chops. I will stop if you don't like it. I thought you would get it by now. I am sorry if I insulted you.

     

    Look at BSF busting my picks, I am open game too !! Geez

     

    But YOU just busted on someone else's picks so you better get ready for them to come back. This is a 2 way street !!! Just gotta be polite in busting them...
    1 Aug 2013, 02:41 PM Reply Like
  • CoinsK
    , contributor
    Comments (2751) | Send Message
     
    It's a 1 year contest ROS. You have to hit hard to do good. Or do like F&G who I think senses a BIG correction is coming(for which he's optimistic about).He then plans to plow it all in @ discount prices.I plan to get a double on SLV and quit when I'm ahead and make evrybody work harder to catch me. 80,000 in SLV with a purpose.
    1 Aug 2013, 04:20 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    May the metals Gods be with you Coins, because I have silver and PSLV outside of this make believe portfolio in real life. Unfortunately, I do not agree with you...silver ain't gonna double in price anytime in the next year so you better change your strategy for diversification over the life of this contest.
    1 Aug 2013, 08:22 PM Reply Like
  • Dr. Ken Kapur
    , contributor
    Comments (134) | Send Message
     
    I am buying for tomorrow at todays closing price 3912 shares of
    [ TZA ] at a price of $25.56 at July 31 closing price at 4 PM

     

    TOTAL $99990 . Balance $9 cash
    1 Aug 2013, 01:08 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (3587) | Send Message
     
    Missed the deadline, but I'll have my portfolio fully invested after close on 8/1.

     

    I'll /nick my entry to the exhibition as...

     

    Aint Nobodies Huckleberry

     

    Pure DRIP, and will only re-invest. Curious to see how it will pan out, and preparing a tracking sheet now. ;)
    1 Aug 2013, 03:03 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @JBT

     

    Got to 2am and use todays 4pm closing prices..Glad your joining in!!
    1 Aug 2013, 11:37 AM Reply Like
  • Notrub
    , contributor
    Comments (343) | Send Message
     
    (CPST) 34,000 shares @ 1.47=$49980
    (SYPR) 15,400 shares @ 3.24=$49,896
    $124 cash
    as of 7/31 closing.
    1 Aug 2013, 07:56 AM Reply Like
  • Windwood Trader
    , contributor
    Comments (2451) | Send Message
     
    Windwood Trader's Beauties

     

    Initial Purchases: 08/01/13 - Prices as of 7-31-2013
    SHARES Price COST
    (EZJ) 140 77.68 10875.20

     

    (CPST) 5000 1.47 7350.00

     

    (LINE) 490 27.05 13254.50

     

    (SLW) 500 22.97 11485.00

     

    (SDRL) 300 42.05 12615.00

     

    (NVAX) 3480 2.69 9361.20

     

    (MDXG) 1000 6.26 6260.00

     

    (CEMP) 1000 8.76 8760.00

     

    (VICL) 1000 3.86 3860.00

     

    (CVRR) 500 29.04 14520.00

     

    (AHRO) 2700 0.61 1647.00

     

    Cash 12.10

     

    10000.00
    1 Aug 2013, 10:47 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @WIND

     

    You missed the deadline of 2 am.. So you have to use todays closing prices. Sorry, but recalculate what you want after todays close and you have up to 2am to set up your portfolio..

     

    Another poster above missed the deadline and posted it as well..

     

    Plus make sure CPST get a bracket if you stick with it !!
    1 Aug 2013, 10:52 AM Reply Like
  • Windwood Trader
    , contributor
    Comments (2451) | Send Message
     
    Sorry about the cruddy formatting of Windwood Trader's Beauties.

     

    I did a spreadsheet and tried various ways to cut and pest and the result you see is the best of the bunch. SA keeps moving stuff where I don't want it.

     

    WT
    1 Aug 2013, 11:11 AM Reply Like
  • Windwood Trader
    , contributor
    Comments (2451) | Send Message
     
    IT>

     

    If that is the case then the rules (as follow) are incorrect.

     

    " THE OFFICIAL RULES FOR THE CHALLANGE. NO POSTING ALLOWED UNTIL AUGUST 1ST !!! I WILL REMOVE ANY PRIOR.

     

    Here we go !!

     

    1) you have 100k to invest at your disposal ANYTIME after Aug 1st.

     

    2) We are going to use the closing days price for any transactions.

     

    3) Monthly updates should be provided by each investor.

     

    4) any transaction has to be posted.

     

    5) You do not have to invest all 100K at the beginning, make it as real as possible.

     

    6) If you do make your portfolio on Aug 1st you use July 31st closing numbers. Please make sure you bracket the symbol , how many shares, price per share, and total amount invested.

     

    7) Dividends reinvested are to be calculated by using that days closing price on payment day !

     

    8) Trade as often as you like without exceeding 100k unless you have a profit !

     

    9) We will stay at a maximum of 10 investments !!

     

    10) This will end on JULY 31ST 2014 !!

     

    To repeat- RULE #6 says "6) If you do make your portfolio on Aug 1st you use July 31st closing numbers. Please make sure you bracket the symbol , how many shares, price per share, and total amount invested."

     

    No mention of 2:00 am that I can see.

     

    What's the story?
    1 Aug 2013, 11:54 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (4562) | Send Message
     
    Wind,

     

    I believe u have 11 selections,,-- limit 10 ?
    1 Aug 2013, 12:05 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    Wind... the time restriction was presented poorly. It is 12 midnight Eastern and 2 am in the pacific time zone I guess for those participants. Get it done by midnight wherever you are and you are in under the restriction. I believe the idea is to keep the playing field level. IT doesn't want any night owls or early risers getting an unfair advantage by hearing and reacting to overnight news that may give an unfair advantage. The time limit doesn't pertain much to me since i do not planning on being a day trader.
    1 Aug 2013, 02:38 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    Is it me or is it absolutely mind-boggling how a group of intelligent grown up individuals are having this many problems following instructions on the first day of this exercise? I got time zones confused because it was presented in a less than clear fashion but not listing the stocks correctly with parenthesis or choosing 11 instead of 10 or having one's total going over 100k... those are just blatant mistakes - do I dare say blatant ignorance? or will everyone get all offended at ROS?. C'mon people, at least make an effort to conform and make this thing interesting and fun.
    1 Aug 2013, 02:41 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    By the way FEAR, did I miss your list??? I was looking forward to your picks as much as anyone's.
    1 Aug 2013, 02:42 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @ROS

     

    I think you need to calm down some. All are being polite so no need for the above comment.

     

    I would delete it but I will leave it for all to see. FEAR posted he is waiting and doesn't have to give anyone a reason why.

     

    So please chill out ..I would appreciate it, This is only a game..
    1 Aug 2013, 02:47 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (4562) | Send Message
     
    Rich,

     

    No u didnt miss my picks ,I stayed in cash yesterday , I will be posting some buys after the close today

     

    I thought your list was put together really well, good selections there
    ----nicely diversified..
    1 Aug 2013, 02:53 PM Reply Like
  • Windwood Trader
    , contributor
    Comments (2451) | Send Message
     
    >F&G -

     

    MY bad- Forgot how to count.
    Moot point according to IT- I would have to do it all over any way.
    If I decide to re-do it all, I will make it 10 issues.

     

    That might even make ROS happy.
    1 Aug 2013, 03:04 PM Reply Like
  • Windwood Trader
    , contributor
    Comments (2451) | Send Message
     
    >IT-

     

    Re: CPST-

     

    It DOES have brackets.
    1 Aug 2013, 03:12 PM Reply Like
  • CoinsK
    , contributor
    Comments (2751) | Send Message
     
    Really ,gosh you couldn't have fun at the circus with that approach .
    1 Aug 2013, 04:24 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @wind

     

    I could have sworn I saw you have another post with the brackets not there...Oh well... My bad.
    1 Aug 2013, 04:48 PM Reply Like
  • deercreekvols
    , contributor
    Comments (5154) | Send Message
     
    Holding 100K in cash. Waiting for the smoke to clear.
    Interesting picks by all.
    I was under the impression that calls were a no-no.

     

    Slow and steady wins the race.
    1 Aug 2013, 10:49 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @DEER

     

    Calls are not allowed and a PM was sent out. The person picked another symbol already !!
    1 Aug 2013, 11:41 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @WIND..POSTED ABOVE !!

     

    " Glad to see some nicknames posted so far. Now let me clear up a point on the rules. You MUST post your buy or sell by midnight of that day!!
    Example. Let's say today I see that ABC is up 20% by 10am. I will not accept a post that says I bought ABC yesterday !! The day you post a trade is the day it happens. No backtracking.

     

    So this gives you time to come home and decide what you want to buy for the next day but you post it the day prior.

     

    Example. If I plan on buying ABC tomorrow I HAVE to post TONIGHT that I am buying ABC at todays closing price but it is effective tomorrow morning.

     

    If this sounds confusing then post it here.

     

    Like we start tomorrow but I might be posting my TRADES BY MIDNIGHT tonight that go in effect tomorrow. I will use today's closing prices and if a stock opens higher or lower tomorrow it does not matter, WE ALL ARE USING THE DAY'S PRIOR CLOSING PRICE.

     

    I THEN POSTED AN UPDATE TO GIVE PEOPLE UP TO 2AM TO POST LAST NIGHT. SORRY FOR THE CONFUSION...

     

    Read through the posts and you will see other all either stayed in cash last night or posted before 2am. I also wrote that you can't post at 10 am for a trade the day before...We tried to work out all the kinks!
    1 Aug 2013, 12:05 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (3555) | Send Message
     
    @ IT

     

    I still can't read though this and makes sense of it. But I think it's much simplier?

     

    To avoid back engineering...

     

    -If you buy during a given trading day- you use that day's closing price - and afterward till 2am.

     

    - After 2am it's part of the next trading session - so you use that next trading session's closing price.

     

    So from on Day A -- from 9am to 2am -- it's Day A's closing price. (2am is technically on Day B). And on Day B -- 2:01 am and on it's Day B's closing price.
    2 Aug 2013, 12:41 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @CURLS

     

    Sounds right to me. FYI I have started a new chapter already. It is on the bottom here..
    2 Aug 2013, 12:45 AM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1416) | Send Message
     
    Up over 1% already...how are those metals & shorts working?

     

    IT, you are getting crushed!
    1 Aug 2013, 11:08 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @BSF

     

    I am still new at this. ARE RED NUMBERS on a spreadsheet good or bad ??
    1 Aug 2013, 12:20 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @BSF

     

    I am down .67% . Yup crushed !! Remember this isn't a sprint it's a marathon. But I do have some catching up to do !!

     

    Let's see where we end up for the day. 11am is too early to crow !!
    1 Aug 2013, 11:45 AM Reply Like
  • deercreekvols
    , contributor
    Comments (5154) | Send Message
     
    Looking at the Russian Potash cartel index fund....

     

    Waiting for a return call from Jon Corzine and his advice about how to play this.

     

    Still holding cash and my place in the standings.
    1 Aug 2013, 11:46 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » ok, now lets clear up this next scenario. YOU can wait until the end of the day to sell something and get that day's closing price. So if I want to sell ABC you can post it after 4pm and still get the closing price. Even if you post it at 9.01am you still get the same closing price. So I might be best to wait until after the close as you get no advantage of posting it during the day.

     

    As long as that sale is posted by 2 am I am ok with it as some have PM'D me and said they work and cannot look at their portfolio until the evening. Now same holds true for buying XYZ. If you post you sold ABC and bought XYZ you can post that trade up to 2am and use the closing price of that day.

     

    Any questions?
    1 Aug 2013, 01:09 PM Reply Like
  • deercreekvols
    , contributor
    Comments (5154) | Send Message
     
    Stock selections. (prices at close today from Yahoo finance)

     

    1. (NTI) 1,000 @ $24.45= $24,450.00
    2. (POT) 1,000 @ $29.48=$29,480.00

     

    100,000- 53,930= 46,070 to be held as cash

     

    Have a great evening everyone.
    1 Aug 2013, 04:19 PM Reply Like
  • deercreekvols
    , contributor
    Comments (5154) | Send Message
     
    3. (CSX) 1,000 @ $25.44= $25,440.00

     

    46,070-25,440= 20,630 to be held as cash

     

    Still looking for two more stocks to complete my Top Five.
    1 Aug 2013, 06:41 PM Reply Like
  • deercreekvols
    , contributor
    Comments (5154) | Send Message
     
    4. (COWN) 2,000 @ $3.60= $7,200.00

     

    20,630-7,200= 13,430

     

    5. (BP) 325.339 @ $41.28=$13,430

     

    Balance= $0.00

     

    Recap of stocks:
    1. (NTI) 1,000 @ $24.45= $24,450.00
    2. (POT) 1,000 @ $29.48= $29,480.00
    3. (CSX) 1,000 @ $25.44= $25, 440.00
    4. (COWN) 2,000 @ $3.60= $7,200.00
    5. (BP) 325.339@ $41.28= $13, 430.00

     

    Total- $100,000.00
    8 Aug 2013, 09:43 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (4562) | Send Message
     
    deercreek,

     

    I made changes to spreadsheet

     

    CSX closed at 25.82 today , not 25.44 , so your amt invested is over 100k

     

    did we miss the csx trade ? if so let us know & we'll correct sheet
    8 Aug 2013, 10:31 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (4562) | Send Message
     
    deercreek,

     

    ooops,, forget that last comment , i just saw the trade
    8 Aug 2013, 10:34 PM Reply Like
  • deercreekvols
    , contributor
    Comments (5154) | Send Message
     
    I spread my trades out over several days. I did post each day that I purchased any stock and listed the price and number of shares for that day.

     

    My post on the 8th was a re-cap of what I had listed above.

     

    I apologize for any confusion I may have caused by doing it this way.
    14 Aug 2013, 12:13 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (3555) | Send Message
     
    @Deercreek

     

    We're on protofolio chapter 4 or 5 now.
    http://seekingalpha.co...

     

    I posted a question there just now...
    14 Aug 2013, 02:33 PM Reply Like
  • CoinsK
    , contributor
    Comments (2751) | Send Message
     
    Dang IT I thought these people would be easier to work with.It seems like you are having to hold everyone's hand ,come on Folk's READ the posts and stop complaining . Pick some stocks get em in Before 2 in the morning and go to bed.
    1 Aug 2013, 04:28 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @COINS

     

    Did you check your math ?? FEAR made the catch that your a little over on your dollar amount!!

     

    LOOK AT YOUR PORTFOLIO??
    1 Aug 2013, 04:46 PM Reply Like
  • CoinsK
    , contributor
    Comments (2751) | Send Message
     
    I was trying to trade on margin with BMO ,:)

     

    Do you think he will believe I was just testing you guys ?
    1 Aug 2013, 05:32 PM Reply Like
  • tampat
    , contributor
    Comments (995) | Send Message
     
    IT,

     

    If I lose all my money can I get a loan for more?

     

    Swinging for the fences, home runs or strike out.

     

    Bought EOD 8/1/13

     

    (DUST) 400 x $83.35 = 33,204

     

    (VXX) 1000 x $14.61 = $14,610

     

    (HXM) 5000 x $2.12 = $10,600

     

    (LQMT) 50000 x $0.18 = $9,000

     

    (SANB) 20000 x $0.70 = $14,000
    ----------------------...
    Total $81,414

     

    Balance $18,586
    1 Aug 2013, 04:34 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @TAMPAT

     

    Notice that LQMT and SANB are not in blue? Means the symbol is wrong so you might want to check that !!
    1 Aug 2013, 04:45 PM Reply Like
  • tampat
    , contributor
    Comments (995) | Send Message
     
    IT,

     

    Symbol is correct, check it out.
    1 Aug 2013, 04:57 PM Reply Like
  • Windwood Trader
    , contributor
    Comments (2451) | Send Message
     
    >IT-

     

    A number of symbols don't light up. (AHRO) is the symbol for Atheronova, Inc. but it will not highlight either.
    The symbol is what it is. Must be a fault in SAs system.

     

    WT
    1 Aug 2013, 04:59 PM Reply Like
  • southgent1951
    , contributor
    Comments (2547) | Send Message
     
    Maybe LQMT needs to look like this (LQMT.OB)

     

    SANB is the correct symbol for Sanborn Resources but SA does not recognize the symbol.

     

    YF has SANB with a closing price at $.7 per share up 16.67% for the day:

     

    http://yhoo.it/1ctsxEp

     

    At that rate, we could all retire rich.
    1 Aug 2013, 05:00 PM Reply Like
  • Windwood Trader
    , contributor
    Comments (2451) | Send Message
     
    I checked (AHRO), (LQMT) and (SANB). they are all hot links on my Fidelity site as well as on Marketwatch.
    1 Aug 2013, 05:04 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1416) | Send Message
     
    IT, those stocks not in blue are real companies, just "OTC" over the counter
    1 Aug 2013, 05:04 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    "Must be a fault in SAs system."

     

    Apparently one of many
    1 Aug 2013, 08:24 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (3555) | Send Message
     
    @ BlueSky

     

    That makes sense... OTC isn't recognized by SA's system. @SG pegged it, that the OTC symbols often have something added like .OB.

     

    Thanks guys for figuring this out.

     

    So ROS it's not a fault, just a limitation.
    2 Aug 2013, 12:44 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (4562) | Send Message
     
    FYI

     

    The symbols in Tampats portfolio are good & tracked in google, I was able to input into spreadsheet and they are updated just like any other symbol.. no problem :)
    2 Aug 2013, 09:14 AM Reply Like
  • Windwood Trader
    , contributor
    Comments (2451) | Send Message
     
    >F&G-

     

    For what it's worth the dark symbols also work in Yahoo. I duplicated my portfolio there.
    Has it been determined how dividends are handled?

     

    WT
    2 Aug 2013, 09:37 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (4562) | Send Message
     
    WT,

     

    I don't see any way to dynamically update dividends, believe all will have to track & input into cash as they come in
    2 Aug 2013, 09:52 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (4562) | Send Message
     
    F & G -- “Keep it Simple”

     

    Buys 8/1 - closing prices ( I used marketwatch)

     

    (AMT) 100 @ 71.26 7,126

     

    (V) 100 @ 179.12 17,912

     

    (UAN) 500 @ 22.45 8,980

     

    (ESV) 200 @ 58.37 11,674

     

    (NVS) 100 @ 71.99 7,199

     

    Total 45,703
    Cash Bal 54,297
    1 Aug 2013, 04:34 PM Reply Like
  • Windwood Trader
    , contributor
    Comments (2451) | Send Message
     
    F&G> Nice selection.

     

    WT
    1 Aug 2013, 05:00 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (4562) | Send Message
     
    Looks like I cant add either,, & correcting price on (V)
    Picks are the same
    (AMT) 100 @ 71.26 7,126

     

    (V) 100 @ 179.17 17,917

     

    (UAN) 500 @ 22.45 8,980

     

    (ESV) 200 @ 58.37 11,674

     

    (NVS) 100 @ 71.99 7,199

     

    Total Inv. 52896

     

    Cash Bal 47104
    1 Aug 2013, 06:22 PM Reply Like
  • CoinsK
    , contributor
    Comments (2751) | Send Message
     
    F&G Did you just do that so I wouldn't Feel bad ? LOL
    1 Aug 2013, 08:10 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (4562) | Send Message
     
    Coins

     

    No I was trying to put everything into a spreadsheet , then realized
    the formulas were wrong !! - LOL
    1 Aug 2013, 08:24 PM Reply Like
  • Windwood Trader
    , contributor
    Comments (2451) | Send Message
     
    OK- Let's try this again. Windwood Trader's Beauties
    Prices taken at 16:40 EDST
    Posted at 16:43 EDST

     

    Windwood Trader's Beauties
    Prices after close on 1 August, 2013
    Initial Purchases:
    SHARES Price COST
    (EZJ) 133 @ 82.30 10945.90
    (CPST) 7000 @ 1.47 10290.00
    (LINE) 430 @ 26.99 11605.70
    (SLW) 480 @ 22.32 10713.60
    (SDRL) 250 @ 43.26 10815.00
    (NVAX) 3700 @ 2.68 9916.00
    (MDXG) 1410 @ 6.32 8911.20
    (CEMP) 1000 @ 9.25 9250.00
    (VICL) 2500 @ 4.26 10650.00
    (AHRO) 10000 @ 0.69 6900.00
    Total Stock Value 99997.40
    CASH 2.60
    Total 100000.00
    1 Aug 2013, 04:51 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (4562) | Send Message
     
    Windwood,

     

    like (LINE) may add them (I actually own) , (SDRL) like them also, but decided to go to (ESV) in the oilfield sector..
    1 Aug 2013, 05:46 PM Reply Like
  • Windwood Trader
    , contributor
    Comments (2451) | Send Message
     
    >F&G-

     

    I have a bunch in hi-yield energy-

     

    (PDH), (NTI), (QRE), (CVRR) Heaviest, (CHKR) and (SDRL) plus (EPD)

     

    (LINE) I have a little stock but a wad of 30s and 35s of January 2015 that are now above water- not so two weeks ago. I believe (LINE) will break out higher in a week or so.

     

    WT
    1 Aug 2013, 08:12 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (4562) | Send Message
     
    Windwood,

     

    u could be set up for some nice gains, I like (QRE) & (EPD) also,, I recently went into a couple of Oil E & P companies , no yield , but I though they were undervalued , so far so good (WLL) & CXO)

     

    Check out (GMLP) & (TGP) , I don't own yet,, they are LNG carriers. good yield..
    1 Aug 2013, 08:29 PM Reply Like
  • Windwood Trader
    , contributor
    Comments (2451) | Send Message
     
    >F&G-

     

    Carriers will usually make money no matter what. I made a quick 25% in (PSE) in the Spring- No skill, just guts and luck- As they say- you are better off having luck than brains.

     

    Thanks for the heads-up on GMLP & TGP and I will check out WLL & CXO

     

    WT
    1 Aug 2013, 09:23 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3587) | Send Message
     
    Okay, after a very hectic day @ work/life, here's my entry:

     

    Aint Nobodies Huckleberry

     

    (PFE) 429.2357 shares @ $29.11 = $12,495.05
    (LMT) 102.2759 shares @ $122.17 = $12,495.05
    (KO) 307.9874 shares @ $40.57 = $12,495.05
    (VZ) 249.8510 shares @ $50.01 = $12,495.05
    (MO) 351.5771 shares @ $35.54 = $12,495.05
    (DUK) 174.7315 shares @ $71.51 = $12,495.05
    (OHI) 416.9186 shares @ $29.97 = $12,495.05
    (COP) 189.0611 shares @ $66.09 = $12,495.05

     

    Total invested: $100,000 (with $39.60 of that to trading fees of $4.95/trade). Inception date is 8/1/2013 @ market close.

     

    Figures I would end up buying into market strength... :)
    1 Aug 2013, 05:07 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1416) | Send Message
     
    John, our trades are free...so you have more cash ; D

     

    Nice picks!
    1 Aug 2013, 05:28 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3587) | Send Message
     
    Thanks. :) For the project, we'll assume I have that $39.60 in cash, but for my own records I'll leave the trading fees in place (although I did not look into how much per share some of those trades would have cost, but in most cases it's a negligible additional fee, so it's close to real-life numbers).

     

    The spreadsheet is now set in stone, so I don't wanna go changing things at this point, as with most of my Excel work, one little change can mean a re-write of everything. ;)

     

    Good luck going forward - I hope everyone does well.
    1 Aug 2013, 05:36 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (4562) | Send Message
     
    John,

     

    feel the same way ! -- Nice list !
    1 Aug 2013, 05:46 PM Reply Like
  • tampat
    , contributor
    Comments (995) | Send Message
     
    IT,

     

    Whats the rule for the weekends, can we wait until Sunday to post buys or sells from Friday close?

     

    Something like Sun noon cutoff?
    1 Aug 2013, 05:09 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @TAMPAT

     

    Good question. Lets use midnight on Sunday.. Is everyone ok with that? If not please post it.

     

    Thanks.
    1 Aug 2013, 10:03 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (3555) | Send Message
     
    If the point is to avoid back engineering, then it should be 2am Friday to get Friday closing price. Anything after that gets Monday's close.

     

    Or am I missing how the timing is working?
    2 Aug 2013, 12:48 AM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » maybe this will help. I like a stock today but I did not buy it. So I have up to 2am to purchase it at todays closing price as long as I post it by 2 am...So I like XYZ and it closed on Thursday at 1.00. I post I want to buy XYZ and I get to buy it at a dollar UNLESS I FORGET to post it until after 2am.Now you can't get the $1price.Who knows what the next days closing price will be.

     

    Once you now have to wait for the next days close no need to rush as you can post up to the next day by 2am to get the next days close.

     

    You might as well wait if you do not post by 2am. I just posted a sale of a stock in the new chapter so I get todays price ( forget the real time writing this ). Now if I had posted it at 2.10am it is a voided transaction.

     

    FEAR , I understand is watching all of the portfolios and has caught a few errors that were unintentional but I highly appreciate him doing the work..
    2 Aug 2013, 01:29 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (4562) | Send Message
     
    IT,

     

    yes I was able to catch a few things and then also caught errors in the formulas in the spreadsheet .

     

    we'll see how this works out .. once its set up its updated automatically, then all we need to do is manually input adds or sales , & post dividends as they come in..

     

    I'd like to get it where anyone of us can go in & make their own changes.. -- I'll probably have that figured out by July of 2014 - LOL
    2 Aug 2013, 09:19 AM Reply Like
  • User 7415181
    , contributor
    Comments (570) | Send Message
     
    @ IT,

     

    I am as much to blame as anyone else, but it may be a good idea to open up a new blog for trading every month or so. I can see this one getting filled up real quick.

     

    The tungsten will be mine!
    1 Aug 2013, 06:50 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » @USER

     

    I will open a new chapter very soon. Been out for the evening so I will likely do it after Fridays close...
    1 Aug 2013, 10:04 PM Reply Like
  • southgent1951
    , contributor
    Comments (2547) | Send Message
     
    We have a proposal on the table from ROC who enjoys insulting me:

     

    "So ban the southgent portfolio then. It will spare us the nonsense of converting choices that should not have been allowed to begin with and best of all it will eliminate his silly book-long posts."

     

    SG and ROC have voted to eliminate Southgent's portfolio
    1 Aug 2013, 08:35 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3587) | Send Message
     
    Instead of eliminating it, how 'bout let a new person trade the holdings for a day each week? :) I know some sure winners I could invest it in - I get a penny stock newsletter every day (darned if I can block those, and not for a lack of trying). 4000% profit, just around the corner!
    1 Aug 2013, 08:45 PM Reply Like
  • Windwood Trader
    , contributor
    Comments (2451) | Send Message
     
    >southagent-

     

    Who are SG & ROC?

     

    I went back all the way and couldn't find the posters to whom you refer, and where are their posts?
    1 Aug 2013, 09:32 PM Reply Like
  • CoinsK
    , contributor
    Comments (2751) | Send Message
     
    IT May I add
    173 Shares of (ABX) @ 16.75 per share = $2897.75
    1 Aug 2013, 08:42 PM Reply Like
  • southgent1951
    , contributor
    Comments (2547) | Send Message
     
    I am gone for good on this Instablog. JohnBinTn, my fellow Tennessean, can trade my portfolio for this point forward.
    1 Aug 2013, 08:47 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3587) | Send Message
     
    Pffft. Nonsense. I look forward to your books, so you can't go anywhere. :)
    1 Aug 2013, 08:56 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1416) | Send Message
     
    Southgent, your contributions are valued! Please reconsider & come back.
    1 Aug 2013, 10:33 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » I HAVE SENT A PM TO RICHONSILVER INFORMING HIM OF HIS BEING BANNED!!

     

    Here is hoping SOUTH comes back...I hope others PM SOUTH to ask him to return. No one should be subject to that type of behavior.
    1 Aug 2013, 10:30 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3587) | Send Message
     
    For the record, I was kidding w/my comment (trying to divert w/levity, although the receiving of penny stock newsletters daily part is 100% true). I have nowhere near the required skill or attention to the market to trade SG's holdings (nor would I want to - I got my own dogs in this hunt).

     

    And btw, IT, thanks for this diversion exercise. Although I love the political side that SA comment streams often take on, it can be tiring, and after a time you can tell exactly who will show up and what they'll say in any given thread (I typically stick to WSB, but have been branching out a 'lil bit.)

     

    Also, SG - please stick around. I was also being genuine when I said I look forward to your "books" - you are very articulate, and easy to understand. I've been reading your blog, and it's good stuff - I'm a fan of your Lottery Basket portfolio.

     

    Anyways, I look forward to close tomorrow so I can show y'all how amateurish you are compared to a stock market prodigy such as myself. ;)
    1 Aug 2013, 10:55 PM Reply Like
  • Interesting Times
    , contributor
    Comments (10172) | Send Message
     
    Author’s reply » http://seekingalpha.co...

     

    I have opened a new chapter as this one got way too long while I was out this evening crying over my butt kicking so far !!

     

    I have heard from SOUTH via a PM. As of now he is done but I hope a few of you can change his mind.. THIS IS VERY SAD !
    1 Aug 2013, 10:43 PM Reply Like