Seeking Alpha

Interesting Times'  Instablog

Interesting Times
Send Message
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
My blog:
Interesting Times For All Commodities And Investments!! CHAPTER 4......
  • Interesting Times For All Commodities And Investments!! PORTFOLIO #4.......  246 comments
    Aug 7, 2013 10:48 PM

    THIS CHAPTER IS FOR POSTINGS FOR THE PORTFOLIO CHALLENGE ONLY !!

    SO ALL UNDERSTAND YOU HAVE TO PLACE YOUR TRADES DURING NORMAL TRADING HOURS AND YOU GET THAT DAYS OPENING AND CLOSING PRICE. WE ARE STOPPING THE 2AM DEADLINE. IF YOU POST AFTER 4PM YOU GET THE NEXT DAYS OPENING PRICE.

    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 current link to our BLOG CHAPTER !http://seekingalpha.com/instablog/5038891-interesting-times/2095202-interesting-times-for-all-commodities-and-investments-chapter-31

    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

    As of now we have a small group of investors nervously playing a game. It is ONLY a game but as I have learned that if it is a competition and we do keep standings people take it seriously. I am happy to see this as I am learning while I lose money ( fiat of course, or monopoly money ) lol

    But as we progress we are changing rules to make it fairer and more competitive. I have been received messages from all with your ideas and it is your game as well. So please feel free to add whatever thoughts you have. I hope over time other will join as we are still at the beginning stages.

    I urge all to post on other articles and blogs what you like about our chapters and challenge in hopes others will either follow or join in the conversation. So keep posting when you trade why you trade for all to see the reasoning. Good luck to all !!

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

Back To Interesting Times' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (246)
Track new comments
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » Let the trading begin as I dig out of my hole !!
    7 Aug 2013, 10:49 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3756) | Send Message
     
    Looks like futures are shaping up - my babies need some help. :)
    7 Aug 2013, 11:16 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5143) | Send Message
     
    John,,

     

    sure, rub it in as i entered my 3x leveraged short on the russell 2000 trade here for the challenge.. :)

     

    I do have a method to my madness - i enter a short here on play money , and of course the market will rocket higher, but i'll catch the up move in my real portfolio -- LOL
    8 Aug 2013, 08:41 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    I'm hesitating on my buys. Just cause futures are up, doesn't mean they will be in the morning! Or it won't go badly during the day. All it takes is one relative of a relative of the dog that lives at the relative of a non-voting former fed member, sputtering the word taper for a second.
    7 Aug 2013, 11:39 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3756) | Send Message
     
    I entered 3 for you earlier - is that correct?
    7 Aug 2013, 11:48 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    Yes. I'm hesitating, but I'm going to leave them since this is play money. Real life, I'll decide in the morning pre-hours, and get out during the day, even if I do get in.
    7 Aug 2013, 11:51 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3756) | Send Message
     
    Staying fully invested, myself. Added to XOM yesterday, and will add to LMT tomorrow (real-world trades, that is).

     

    Best of luck - hope you make some $$. :)
    7 Aug 2013, 11:55 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » @CURLS

     

    Should I? Shouldn't I? Cancel? Non cancel? What are the Futures doing? I heard the word taper might be said tomorrow? I hear a war might break out?

     

    Getting the sweats yet? Throwing up ? Dry heaves?

     

    Just look at my portfolio and ask me how am I doing !!! lol

     

    2am IS GETTING CLOSER !! Last call......
    8 Aug 2013, 12:32 AM Reply Like
  • FocalPoint Analytics
    , contributor
    Comments (6005) | Send Message
     
    Sold EWV 1000 @ 18.54 Net Loss 1,080
    I entered it onto the spreadsheet.
    8 Aug 2013, 12:49 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    @ IT

     

    What's bothering me, is it's messing with my head... in thinking about my real money trades. I don't want an extra set of emotions. And I'm already finding myself confused, having thoughts & emotions without being able to differentiate one from the other well (real & play money). Weird. Never did claim by head's screwed on right.

     

    ...on the other hand, I haven't been in the market since I lost on two trades, one about 16%. So this may just get me over that hesitation hump on short trades. I've been out though on longer trades because I've thought it best. (And was too busy/ overwhelmed and didn't get in when I should have... then didn't want to get in after it climbed "just because I'd missed out.")

     

    I think Fear is guessing right on a correction. But also it will end as tapering is talked about again, and SO more down will slowly happen for a bit. That'd work well for me, but I'm keeping on eye out to change plans if mine expectations don't materialize...

     

    Meanwhile, I was expecting a downside to start... but not for another week. I was thinking 2nd week in Aug is when folks would start prepping for (anticipating it in) the possible Sept taper.
    8 Aug 2013, 12:56 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    Oo, that's crummy!

     

    On the challenge, my purchase close of yesterday (at 1am) will likely make money.

     

    But, I didn't buy with real $ at close or after-hours (too busy to pay attention) and it's already so high up this morning (8am), that I can't make money for real!

     

    I'll see how it moves after opening.
    8 Aug 2013, 08:03 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    Should we play "talk up a pick"?

     

    Where once a day or week, someone picks one of their picks and explains the details of why they've solid on it?
    8 Aug 2013, 08:05 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5143) | Send Message
     
    curls

     

    good idea ,

     

    u go first - tell us about (CHUY) :)

     

    I see u went against me on the russell 2000 - I am doomed ;)

     

    Good choices -- good luck :)
    8 Aug 2013, 08:45 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » Hey, has anyone heard from RIN in a while?

     

    ALSO REMEMBER TONIGHT AT 2AM IS THE LAST DAY YOU CAN USE TODAYS CLOSING PRICE FOR A TRADE. STARTING ON FRIDAY YOU MUST POST YOUT TRADE AND USE THE CLOSING PRICE FOR FRIDAY.

     

    THIS WAY WE START NEXT WEEK OFF USING TRADES DURING THE DAY AND THAT DAYS CLOSING PRICE. IS THIS CORRECT???
    8 Aug 2013, 10:13 AM Reply Like
  • User 7415181
    , contributor
    Comments (722) | Send Message
     
    @IT,

     

    If I'm understanding correctly, I'm supposed to post a trade during trading hours. I'm using an index fund, so the price doesn't post until after hours anyway. So I'd like an excemption to that rule (although I really don't think it would affect my portfolio too much).
    8 Aug 2013, 04:38 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3756) | Send Message
     
    Fine w/me. Funds don't update 'til what? 6:00pm est? And there are no after market moves.
    8 Aug 2013, 04:46 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » @USER

     

    I am ok as well.. Maybe if someone isn't please post why.

     

    Thanks
    8 Aug 2013, 05:48 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    (CHUY) - this is play money so I didn't do full due diligence.

     

    Tampat or Krustyman recommended it a while back. I've been watching it. Chain Restaurant who's motto is "if you've seen one Chuy's you've seen one Chuy's."

     

    My positives are:
    1) On DD, I didn't do it yet, but I haven't see any negatives in the SA articles other than that the price ran up. None of the negatives that NDLS has of high debit and low profit margin. So I'm just blindly assuming their fundamentals are decent based on the SA article's details I've seen.

     

    2) I will likely buy this in my real portfolio, once I feel like the correction has come. The glowing comments about enjoying the restaurant, were striking. You can hear salivating & happy tones in some SA comments, and no negative ones. It wasn't "it's a great investment" nor the tepid "it was decent" that went with NDLS (I've been to NDLS, it's so-so). The comment that "the only reason I haven't tried it, is because every time we go, the line to get in is so long, we go next door."

     

    3) It has tons and tons of room to grow new stores, and the management attitude, hitting that unique concept of unique stores, and the resulting people's feelings about their results (their restaurants) -- tells me, this has a good team behind it.

     

    4) The price keeps popping by 4-5% on up days. It's had it's down along with everything, but when there's middling feel in the market, this is a green stock.

     

    5) A big downside is it has low enough volume that I wouldn't trust it on a quick day trade, & pop of that type. ...this has to be a wait and grow stock. So I'd rather a much better entry point, if I was waiting for the intermediate term (1-2 yrs). I'm eyeing it though for long term growth. It'd come down and up as the economy does (as people go out to eat or conserve money), but has good smaller stock growth potential. It's been out (IPO) only about a year or year and 1/2.

     

    Anyone have positives or negatives on it?
    8 Aug 2013, 09:14 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (3756) | Send Message
     
    Closest Chuy's to me is probably Little Rock. Never been to one. Only negative might be the saturation that's happening in the Mexican / Tex-Mex restaurant space. If I go into the (small) town about 15 miles away, I can stand in the middle and probably throw a rock and hit 10 different Mexican restaurants. Virtually no hispanic residents, either.

     

    The fact that it's small can be a benefit, as there is room to grow - they just have to find good locations.

     

    I have no investments in any restaurant stocks, so I can't really offer anything else. :(
    8 Aug 2013, 09:29 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    @JB

     

    I got impression their aiming for further north into other states.... hopefully having a good sense of where to settle in. Good point to consider!

     

    Oh and I forgot - it's recent earnings (few days ago) were positive, and well received.
    8 Aug 2013, 09:39 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    @ JB

     

    So P.S. -- take a day trip and check it out for me :). (Depends how far Little Rock is from you...!)
    8 Aug 2013, 09:58 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5143) | Send Message
     
    Curls

     

    havent looked at fundamentals,,
    chart looks positive - nice uptrend in place - if it were to fall back it appears it would get support in the 35 area, so your risk/ reward looks ok.. as u mentioned it comes with some volatility ,due to being lightly traded. Its holding up well given some recent weakness in the restaurant space --- i.e panera & others have been weak..
    just my .02
    8 Aug 2013, 09:25 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    @ Fear

     

    I kept my bet on Russell 2000 smaller than on S&P. I was hesitant on it. S&P tailed up by middle and end of yesterday, so figured it'd come up today. Russell2000 was flat. And R2 will either go flat or up today... but I don't see it going down significantly while the S&P500 is going up.

     

    Over the slightly longer term though (few more days), R2 has been so flat compared to S&P and DJs. ... it's coming a'down... It's that classic small caps are more volatile.
    8 Aug 2013, 09:27 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » Well JBT and I are posting today so I guess you folks understand we didn't have a winning ticket last night , Oh well , I am never that lucky.

     

    I like that idea about explaining the reasoning for picking a stock. I played (http://bit.ly/Je8v2V) because I was hoping for a small bounce in gold although it looks like it is trading in a range right now. I have $1300 in my rationale as the possible price so it has gotten hit for a while I am hoping for maybe a day or two bounce.

     

    Plus being play money I am down so much I have to hope for bigger swings. If I hit good, if I don't well I am almost at the bottom already so >>>>>

     

    My overall strategy is having high paying dividend stocks and I dropped (http://bit.ly/Zue5Cw) because they are having issues with a plant and have lowered their dividend. Which I locked in before I sold it .

     

    Hopefully that was a good move but it was down close to 10% and I try to use that as a rule to sell. Either on the upside or downside..

     

    Thought on my strategy and portfolio. My feelings won't be hurt, I am looking to learn. I know BSF gets *agita* from mine... lol
    8 Aug 2013, 09:58 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (3756) | Send Message
     
    Actually, had a winning ticket. Had one (one!) number on one line. Just so happened it was the PB. $4.00 for me. I'm arranging an armored truck and an armed guard for delivery.
    8 Aug 2013, 10:40 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    If we were day trading, I'd have gotten out of my ETFs during that first downslide this morning. To use IT's expression...'just saying. Take that gain and not worry about more.
    8 Aug 2013, 10:07 AM Reply Like
  • Doug Eberhardt
    , contributor
    Comments (2922) | Send Message
     
    I am not entering the portfolio challenge as I don't have time to do all that, but I did nibble at DUST today and will add on any further pullback. Bought 200 @ 93.88.

     

    This has the potential of getting to 150 in my humble opinion. Of course it could go back to 67 where I had it a few weeks ago too, lol. Any move higher in the dollar, which I do think is coming sooner than later, and it should pressure gold, and the miners.
    8 Aug 2013, 10:09 AM Reply Like
  • Doug Eberhardt
    , contributor
    Comments (2922) | Send Message
     
    Picked up 100 more DUST @ 86.25.

     

    91.33 average now. DUST currently hovering around 88.
    8 Aug 2013, 01:25 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5143) | Send Message
     
    Doug,

     

    strictly looking at a chart-- i like that trade ( hope that is not kiss of death for you - LOL)

     

    if u get the momentum on your side i can easily see 120

     

    what is going on here , u r short gold stocks & i m hedging by shorting the market ? :)

     

    Good luck

     

    8 Aug 2013, 10:13 AM Reply Like
  • Doug Eberhardt
    , contributor
    Comments (2922) | Send Message
     
    FG, haha...if you look at the kitco news, its all negative for miners (not physical) and a friend I trade with, who we first discussed entryat 80 again, said he had green on all 3 of his indicators. First dipped 12 down and will add. Only way to play the wild ones.

     

    IT...saw that yesterday as a good risk reward play. Remember, 1:10 reverse split coming which is almost always negative. Thats why I am playing the opposite.

     

    Lastly, leaving powder dry for tampat's calls!

     

    Back to writing.

     

    Good luck!
    8 Aug 2013, 11:29 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » DOUG

     

    I did just the opposite (NUGT) . I still feel gold at $1300 seemed to be a breakeven price for a while. So yes, I am gambling on a bounce up for a day or tow depending on how much I make.

     

    I am using a 10% rule to either sell. Now trading wise does that make any sense to anyone?
    8 Aug 2013, 10:20 AM Reply Like
  • Doug Eberhardt
    , contributor
    Comments (2922) | Send Message
     
    IT, are you emotionally attached to NUGT to get your money back from the other trade? lol

     

    I do that sometimes.
    8 Aug 2013, 01:25 PM Reply Like
  • Doug Eberhardt
    , contributor
    Comments (2922) | Send Message
     
    Looks like you got your losses back IT. Me, not so much.
    8 Aug 2013, 03:08 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » @DOUG

     

    I am an old horse owner who always bets on those ponies. So yup , it was double up time !!

     

    Only attached to whatever will make me the most money the fastest, especially when i was buried at the bottom of the challenge. Think i was gonna let CURLS make fun of me??

     

    Just got home so gonna go check my portfolio..
    8 Aug 2013, 03:47 PM Reply Like
  • Doug Eberhardt
    , contributor
    Comments (2922) | Send Message
     
    Nice, my horse came in last today, but I am good with it. I have to think more long term on this anyway, but of course I have to be right about the dollar bouncing, Japan, Europe et al. DUST came up against resistance and fell like a rock. But all the news I saw was negative for miners today, so I added a bit. We'll see what shakes. Now I hope Fear is right, lol.

     

    Hope you did well.
    8 Aug 2013, 04:03 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3756) | Send Message
     
    I'll be buying (CLX) at the close today (all ONE share and some), just to open the position, and to get rid of my cash balance.

     

    Movin' on up, IT - nice. :)
    8 Aug 2013, 03:57 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » JBN

     

    I still believe in the metals long term. Played a hunch just like the horses. It worked this time !!
    8 Aug 2013, 04:17 PM Reply Like
  • Doug Eberhardt
    , contributor
    Comments (2922) | Send Message
     
    I know you don't bet the horses with just a "hunch" IT!
    8 Aug 2013, 04:48 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3756) | Send Message
     
    I did, of course, mean (CSX). I can't even afford a whole share of (CLX) right now. :)
    8 Aug 2013, 04:49 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » Doug, I am a pretty good handicapper on the harness horses. But just like the metals markets some races are manipulated at the smaller tracks that no one pays attention to.

     

    The payouts are the way to tell when they don't add up. Plus I owned a stable with some investors for quite a few years and I knew when I was getting stiffed by the driver. Once they had to carry me out I was all over the driver. Got fined $200 bucks but I got my point across.

     

    I think his race bike might still be at the bottom of the infield pond to be honest. I said he didn't need it if he wasn't going to drive it !! lol
    8 Aug 2013, 05:54 PM Reply Like
  • FocalPoint Analytics
    , contributor
    Comments (6005) | Send Message
     
    I will be selling my Ftek today... I will fill it in when I know the price.
    8 Aug 2013, 03:57 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » Of course I will be selling my NUGT today as well. Everyone has until tonight at 2am to make your picks. New rule starts tomorrow!

     

    @BSF. My investment book is coming out soon, I will send you a signed copy. Titled " How to blast from the basement !"

     

    You might get *agita* but the adrenaline rush cannot be put in words.. lol

     

    Glad this is play money for sure !
    8 Aug 2013, 04:15 PM Reply Like
  • CoinsK
    , contributor
    Comments (3369) | Send Message
     
    IT, you seem to have had a good day .You and I are probably "Contrarians" :)
    8 Aug 2013, 04:15 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » @COINS

     

    Uh, I would say I hit the 10 bagger !! Not too often but it worked . Now the tough choice , where to invest it ....

     

    Did you happen to notice where I am in the standings,? I haven't looked yet .. hehe
    8 Aug 2013, 05:56 PM Reply Like
  • CoinsK
    , contributor
    Comments (3369) | Send Message
     
    Yes I noticed you were #2 right behind me :)
    8 Aug 2013, 06:42 PM Reply Like
  • FocalPoint Analytics
    , contributor
    Comments (6005) | Send Message
     
    Hehehehe
    8 Aug 2013, 07:31 PM Reply Like
  • FocalPoint Analytics
    , contributor
    Comments (6005) | Send Message
     
    Sold 10,000 (FTEK) at 4.00 Profit 1,250
    Sold 500 (SDS) at 36.33 Loss 210.

     

    I currently only hold (KORS)
    8 Aug 2013, 04:32 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1677) | Send Message
     
    IT, do ya feel lucky, well do ya?? lol gold reversed & went up today so you had a good day in the casino. Good for you, hope you continue to play only your "good" hunches!

     

    I'm glad the market went up today. whew!

     

    My brother was yelling at me last night on the phone again about gold - "ya gotta have it." He thinks we are due for a correction, could be 10%. Okay, he's a pretty bad investor. In real life, he is a pharmacist & too busy running his store to manage his stocks.

     

    So take it from my brother, who is wrong about the market about 80% of the time, that there is likely less than a 20% chance of any correction at all.

     

    I feel much more bullish after today. A bumpy ride from here until November, and then we will finish the year on the upside. Fingers crossed!
    8 Aug 2013, 04:52 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3756) | Send Message
     
    I agree about remainder of year.

     

    I was a sad panda this morning when the market went poop. Was pleasantly surprised to see it close up.

     

    My real-life portfolio was in the red. I own a decent size chunk of (WIN), and they missed estimates by 2-cents this morning. :(
    8 Aug 2013, 04:56 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » @BSF

     

    http://bit.ly/149Z4aN

     

    You want to know how I feel???
    8 Aug 2013, 06:11 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    What makes you expect the market to go up for the remainder of the year?
    8 Aug 2013, 09:23 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3756) | Send Message
     
    Santa Claus rally. ;)
    8 Aug 2013, 09:24 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5143) | Send Message
     
    Aug 8

     

    add 200 (UAN) @ 19.49 -- 10% + yield

     

    new cash bal 33,723
    8 Aug 2013, 04:55 PM Reply Like
  • CoinsK
    , contributor
    Comments (3369) | Send Message
     
    I would like to sell 3000 shares of (SLV) @ $19.60 a Share
    and 1000 shares of (AUQ) @ $4.50 a Share.
    8 Aug 2013, 04:59 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5143) | Send Message
     
    Coins

     

    spreadsheet updated

     

    u have 1000 (slv) remaining

     

    new cash bal $73,452
    8 Aug 2013, 05:49 PM Reply Like
  • CoinsK
    , contributor
    Comments (3369) | Send Message
     
    Thanks F& G
    8 Aug 2013, 06:24 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    I just got in. I want to sell everything at whatever today's closing price was.

     

    ....such a fickle investor :).
    8 Aug 2013, 06:28 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    Anyone else going to comment on their favorite pick and why it's a good bet?
    8 Aug 2013, 08:19 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » Ok, just got in. PLEASE sell all my (NUGT) shares 2,614.173 @6.34 for a small profit of $3,293.86 which is a 24.8% gain.

     

    Place in cash as I head to the track for tomorrow...$16,573.86 I believe..
    8 Aug 2013, 11:26 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3756) | Send Message
     
    Entered. Closed @ $6.38 (checked THREE sites this time). Leaves you $16,678.43.
    8 Aug 2013, 11:49 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » @JBT

     

    Thanks, my site was incorrect I guess.. I will take the extra .
    8 Aug 2013, 11:51 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » FOLKS, Tampat wrote me a PM and stated he was leaving the challenge and our blog. Wish him luck!
    8 Aug 2013, 11:31 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » You know what (SLW) was good to me today as well. Up over 8% so lets sell my 500 shares @ $22.72 for $11,360.00..Tiny loss and I expect a drop at some point !!
    9 Aug 2013, 12:12 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » My trades for the end of the week. Of course this NEW way we do not have the closing prices yet. So please BUY me..

     

    1) 911.287 shares of (PSEC) as long as that equals 3k shares. If I am off a fraction just adjust so that 3k is the total

     

    2) 1,000 shares of (FSC) to give me a total of 2k shares.

     

    That is it for now !! Thanks..
    9 Aug 2013, 01:09 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » Ok, my last trade...

     

    I am sorry I cannot give you any details as I will not know what my cash balance is until after the close today. So whatever cash I have left please add (DUST) .

     

    Thanks! This way I should have a zero balance in cash when all three trades are entered..
    9 Aug 2013, 01:39 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » @BLUESKY

     

    I see you sneaking up on me!!.. Like a horse race I am rating my lead and will pull away over time..

     

    FEAR. It seems SOUTH won't be coming back so when you have time I would remove his information as well since some of it is converted money and we will have no idea what it's value will be.

     

    Same as TAMPAT!

     

    Again, anyone posting in other chapters try to fit in a post or two about the challenge so that we get some possibly get new blood..
    9 Aug 2013, 01:52 PM Reply Like
  • User 7415181
    , contributor
    Comments (722) | Send Message
     
    Folks sure do seem to be touchy about a game.
    9 Aug 2013, 04:18 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » GUYS

     

    I think this is right for my trades..

     

    (PSEC) 911.287 shares @ 10.86
    (FSC) 1000 shares @ 10.81
    (DUST) 99.862 shares @ 73.42

     

    Thanks! Should be fully invested going into next week !
    9 Aug 2013, 05:37 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    @User7

     

    I'm having fun... from top to bottom, everyone's picks are interesting.

     

    It's a long year, so standing now don't mean much. Seems like the metal moves were the big success plays this week.

     

    Do wish someone would post their reasoning for one of their picks!! Bluesky? From all your DGI reading, had to you go about due diligence on specific ones? It's something I need to learn :).
    9 Aug 2013, 04:50 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » @CURLS

     

    "It's a long year, so standing now don't mean much"

     

    Oh YES they do !! lol

     

    Come on put some skin in the game, this is the only way you learn how to manage a portfolio imo.

     

    I needed to do some day trades to get my head above water while I still maintain my dividend plays.

     

    COINS, You gonna sit on that profit all year? Someone will catch you ! LOCKED AND LOADED !!!
    9 Aug 2013, 04:55 PM Reply Like
  • CoinsK
    , contributor
    Comments (3369) | Send Message
     
    Just resting up on the weekend :) I'll be back at it Monday ,why hurry if you are me ? LOL
    9 Aug 2013, 06:47 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    @ IT

     

    One of the big things I know is important -- is to trade when you feel it's the right thing -- not because of any pressure from anyone. So I AM learning to trade, by following my own instincts. If that makes nervous :o, so be it.

     

    My comment on standings was in context of User7's comment....
    9 Aug 2013, 05:45 PM Reply Like
  • User 7415181
    , contributor
    Comments (722) | Send Message
     
    @ Curls,

     

    My comment was more about people dropping out than who's first or last in the standings. I don't care about what happened this week, only where we'll be at in a year (in real life, I only care about where I'm at in ten to fifteen years).

     

    And yes, I'm having fun with this and following these threads. That's kind of my point - some people seem to be overly sensitive with the internet and a game (my comment was not directed at IT) and throw a hissy fit and drop out. Which I think is too bad, because some of them I enjoy reading their commentary and learning. Which I thought was the point of doing this anyway. Anywho...

     

    BSF has good reasoning. Lots of folks go by DGI. This fellow's commentary is worth reading:

     

    http://bit.ly/1664QkS

     

    as is this free download (which I believe he derives his ideas from):

     

    http://bit.ly/XzYRKQ

     

    The CCC list that BSF recommended is worth downloading every month. If you're handy with excel, you can whittle down stocks on it to meet your own criteria.

     

    I have three real-life accounts. One is my 401k. I don't have too many options for investing like most 401k's, so for the contest I picked what I consider to be the best stock fund in it - VTSMX - and Vanguard's money market account. I am implementing this strategy:

     

    http://seekingalpha.co...

     

    and am also using it for the game as it's simple. And Extremebanker was nice enough to post a white paper that backs up this strategy. And I picked this fund because that's what I'm using my real money for.

     

    For my taxable account, which also doubles as my emergency savings, I'm using something similar to what HE WHO MUST NOT BE NAMED claimed to do. Basically buy a small amount into preferred shares and/or CEFs each paycheck with high dividends/distributions and only count on the income as your return. I write in my instablog before every paycheck what I intend to buy and why. What I'm trying to do in the taxable account won't work for the game.

     

    My Roth account is my gambling account at this point since I won't be putting any extra money in it for a good while.

     

    Anywho,

     

    Not trying to insult IT. Hope some of my rationales make sense. Would like people to realize the internet is not real life and please lighten up and quit threatening to quit. :)
    9 Aug 2013, 09:56 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » HEY, HEY, HEY.

     

    "(my comment was not directed at IT) and throw a hissy fit and drop out"

     

    Me dropping out? ME? LOL.

     

    Ok, on a serious note ROS has expressed an interest in coming back as he was sincere in his attitude issue being his problem.
    He has asked could he at least post his trades and nothing more.

     

    I said I would open it up to all and would go with the group. Now some have to keep in mind to be fair that some PM'S have been sent that weren't pleasant.

     

    Having said that over the weekend PM me and let me know what you think. I am by no means pushing anyone one way or the other as it was ME who made the decision when I was exchanging emails with ROS. I had enough and banned him.

     

    So give it some thought and let me know,.

     

    Thanks!
    9 Aug 2013, 10:17 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3756) | Send Message
     
    Too much drama in this issue to date for me. I abstain this time around.
    9 Aug 2013, 10:25 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    @ User7

     

    I have the same views you do about "seriousness" (NOT). I was trying to be a bit jokey with IT (had a being "o" smile in it). But maybe it didn't come through in the reading. ..."o"h well.

     

    @ IT on ROS

     

    I don't care much. At this point everyone here knows he's been personal at times. So no one should be getting upset. I assume you'll remove any posts that do that. Beyond that, I think it'd be interesting to see how his trades go, now that he's going outside silver. With everything else going on in his life, if this is important to him, I'd want to be open to him having it.
    10 Aug 2013, 12:42 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » @CURLS

     

    You know I am always messing with you, come on now have I ever got mad at you? I am a joker..

     

    Nice of you for saying what you did about ROS, HE might not like me adding this but he had a surgery, then an infection that sent him back into the hospital. So although my tolerance level was broken I also would like him to be able to join us.

     

    But I will wait until people PM me to keep it private. Yes, I will delete anything borderline insulting against anyone. Personally I think he needs this in his life but needs to channel his anger at others.

     

    I have told him this and just said *think* before you post as were all here to help. Well anyway let's see what others have to say. But you have been a very big help doing damage control for me and of course we have two guys updating trades only making 27 bucks an hr as well.
    10 Aug 2013, 01:13 AM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1677) | Send Message
     
    Curls, you asked about how I would pick a stock. I look for DGI stocks that have a growing dividend, a history of always increasing the dividend, low beta (risk) and one that has a good value.

     

    David Fish (he's on SA) has developed a CCC list. It's a spreadsheet with hundreds of companies listed as Champions, Contenders & Challengers. So that's a great place to look for stocks that will enhance your portfolio & give you a growing dividend stream.

     

    It's important to buy your chosen stock when it's hopefully undervalued. Why? Because as Dave Crosetti, Chowder & other SA DGI authors have noted - if you overpay for the stock, it's going to correct sooner or later. Why buy overvalued stocks when you can start out with one that will do more for you now.

     

    How can you determine where the undervalued stocks are? After I check the CCC list for ideas, then I check to see if the Fast graph guy Chuck Carnevale has done an article about that very subject.
    Here's his latest

     

    http://bit.ly/Q4JZ9O

     

    He's looking at tech stocks in the above article. (QCOM) is a buy right now. If you check his other recent articles, you will see more stocks that are undervalued. I like (WMT), (MCD) at their current prices. Now you don't have to rely solely on Chuck. I also look at PE ratios, what the profile on a stock at the CNBC.com website says (one of my favorite websites, so much info there) and I check for as much info as I can find about the stocks I'm researching. CNBC.com has info about a stock's earnings, financials, chart, etc. & I check it all. Plus read any articles that I can find with recent info about the stock. My favorite thing is to look at the charts going back as far as possible. What you can see from the chart is how it did during 2008/9 and is this company one that is increasing, or decreasing in value? I don't like to buy stocks that show any sign of decreasing, a negative PE, negative earnings, you get the idea.

     

    At some point in time, the goal is you will have developed a portfolio of DGI stocks that are giving you an increasing dividend stream. This is what I'm aiming for, so that in retirement, I don't have to sell any stocks, just take out the dividends. I plan on my son inheriting a fantastic portfolio of great stocks.

     

    Another thing I'm aiming for is not having to trade much at all. My biggest decision in the future might be which DGI stocks to add to existing positions, or which ones to dump because the dividend is not increasing. The thing is, one of the first signals that a company may be having problems is the dividend. So you sell it before things get really bad, if the dividend gets frozen or is declining.

     

    Check my profile, most of my stocks are DGI solid performers. Like (LO) (MO) (MCD) (JNJ) (CL) (CLX) (CXS) (GIS) (PG) (KMB) (LEG) (LMT) (WMT) (KO) (PEP) (VZ) (ED) (DUK) etc. I think there's over 300 companies on the CCC list you can investigate.

     

    I have my portfolio divided amongst 50 companies, so each one represents no more than 2 %. This helps to keep the risk even lower. You could have a portfolio with 20 or 30 stocks & do very well too. See examples of fabulous DGI portfolios by clicking on Dave Crosetti, Bob Wells, Chowder, & the other DGI greats here on SA. By the way, after researching these guys & the DGI method, I started completely converting my portfolios back around March. I'm not done yet. Most of my stocks were bought in just the last couple of months. I do have a lot of stocks that are not true DGI ones. (BP) (AIG) (SBUX) (BAC) (DNKN) (KKD) (F) & some others....so in the future I will likely sell them and buy new DGI stocks. Right now, some of them are doing very well for me, so as long as that's the case they are keepers.

     

    All of the stocks I selected for the challenge are stocks that I personally own. (BAC) is a gamble, especially right now with all their legal issues. I happen to bank with Bank of America, and use Merrill Edge for my broker & am very happy with them. IMO, (BAC) has a good future.

     

    The rest of the stocks were chosen because their future earnings look good, they pay a dividend and seemed like good choices. (LMT) has an extremely low PE. (LO) is going to recover from recent set back from the gov't saying it doesn't like menthol cigs.

     

    I'm not planning to sell anything over the next year. Let's see where these stocks are in the next year.
    9 Aug 2013, 05:48 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    @ Bluesky

     

    Thanks for all the info! I was hoping you'd take one stock, and go through the numbers and how you went about assessing that particular stock. I'm sure within the readings and ideas you've gathered, you then look specifically at the stock yourself... That's what I haven't done much of, so it'd be helpful to see :).
    9 Aug 2013, 05:51 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » BLUESKY

     

    Great solid info for people to look and learn. Thanks !!

     

    Now maybe you can answer this. Young people starting out won't have the money to invest in 50 companies, that is why many choose mutual funds.

     

    Can you give some advice to lets say a young couple starting out with 5k to spend and they will add to that monthly. I am making up a number but lets say $200 per month because the do not even have a house yet.

     

    I believe a lot of lurkers are in this group so they don't post but need to come up with a plan.

     

    I would also appreciate FEAR and DOUG'S comments on this as well. FOCAL. if you are up to giving out advice I would also appreciate it.

     

    Actually this should really be open to all that don't mind commenting on it. Maybe even post it here and in Chapter 31 ??

     

    THANKS to all..
    9 Aug 2013, 06:06 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1677) | Send Message
     
    I don't really go into deep research, other than trying to buy a DGI stock that is currently undervalued. With DGI stocks, even if you pay a tad too much, it's a good stock & will reward you in time. Plus I normally buy a third or half a position ($5000 to $10000) to start. So if it tanks, I can buy more at the lower price. Seems like the market (especially the last week) will dip sooner or later to give you another chance to get a better price.

     

    Sometimes I spend a day or less, research it, then buy it. Other times I watch the stock & keep kicking myself that I didn't buy it sooner. (LMT) (HSY) (UTX) and (V) all were like that. Finally I just held my nose & bought in. (V) is a good one Curls. Buy in slowly, in case the market continues to decline. You will make money.

     

    With DGI stocks, you don't have to worry so much. In a couple of years they will be higher, because we need personal supplies (PG) (KMB) (CL) cleaning supplies (CLX) health related products (JNJ) and we need to eat (BGS) (MCD) (GIS) (KRFT) etc. When you check DGI stocks going back a couple of years, it is sickening. They have all gone up a lot. If you are worried that they will stop going up, don't be. Look at their max charts on Yahoo. It's comforting to see that there aren't wild gyrations with these stocks. You can count on inflation always helping to raise the prices of these stocks, plus most if not all of them are world wide. There is a huge ever increasing market for these stocks.

     

    I don't explain things as well as Crosetti, Chowder, Wells et al. Look at their articles, and read the comments. It's like a religion, lol

     

    I love this guy. Check him out, he's made millions from DGI stocks!

     

    http://seekingalpha.co...
    9 Aug 2013, 06:14 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5143) | Send Message
     
    Blue,Curl,
    Blue, good info & great starting point for DGI investors.
    Chuck stole the (QCOM) idea from me (only joking), as I wrote about them earlier this year both here on this blog & elsewhere.
    It is one of my favorites going forward as I own it in my 'real" portfolioOnly reason I didn't add them to the challenge portfolio -- I was hoping to buy a bit cheaper , like I did earlier in the year. Not sure that may happen unless we get a meaningful pullback..

     

    The fact that Chuck wrote about them gives me more confidence in the company going forward.. In addition to his analysis ,(which was great), I will update my earlier comments on (QCOM) , adding more reasons for investors to take a look and provide a link when I'm done .
    Combined with Chuck's analysis that may answer Curls comment about targeting one stock ..
    9 Aug 2013, 06:27 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1677) | Send Message
     
    Okay IT. I'm going to do this in real life, because my son is 19 and I want to start a Roth IRA for him this year. I'll be donating the money for him. He has 2 part time jobs, but doesn't make that much money yet. So here's what I plan to do with his $5,200 (have to check the correct amount - but it's around that).

     

    Right now (LO) is undervalued. So I'll put half in that. The other half will go to (KRFT). Both of these stocks are giving terrific dividends. (LO) is 5.06% and (KRFT) is 3.55%. Dividends will be re-invested.

     

    Next year, I'll split between 2 stocks again, looking to see what has the lowest PE ratio (to be sure it's not overvalued), good dividend, and earnings prospects.

     

    Every year, add 2 companies. Until there are around 20. Monitor the stocks quarterly at least (if not more) and sell any that decrease the dividend. You can add to existing companies if you choose (when you have at least 10 or more). 20 companies makes your portfolio hold up better risk wise, and it should be diversified. Utilities, oil, consumer, manufacturers etc.
    9 Aug 2013, 06:29 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5143) | Send Message
     
    Blue,,

     

    Great plan

     

    can u adopt me ? :)
    9 Aug 2013, 06:36 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1677) | Send Message
     
    lol good one F&G! We already adopted back in 1994, he's 19 now and a good kid - most of the time ; D
    9 Aug 2013, 06:51 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » @BLUE

     

    I don't eat much? Uh never mind..(just remembered my last check up)
    9 Aug 2013, 07:08 PM Reply Like
  • Notrub
    , contributor
    Comments (343) | Send Message
     
    BSF,
    Might I suggest an addition to your son's portfolio? Most people whether beginning or seasoned investors need a place for cash. In your son's portfolio this would be for the # of dollars invested monthly. I use (NEARX) for my taxable account and (CLM) for my nontaxable account. Basically, both are exchange traded funds, with very low betas (price doesn't move much no matter what the markets do), that pay dividends monthly. I suggest this because I hate have cash just sitting an not working while waiting to have enough to make my next long term stock purchase. As you pointed out, waiting for stocks to correct to get a decent entry point, or as in your son's case saving enough for the next purchase, can take a while. Sometimes months. I have found using an exchange traded fund a nice place to park cash and earn a better return on it while waiting.
    Hope that helps???
    10 Aug 2013, 06:04 AM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1677) | Send Message
     
    Thanks Notrub, I'll check them out. I like (PTY) as a place to stash cash. It's getting over 8% interest, which is nice. But it's good to have some alternative choices.
    10 Aug 2013, 06:51 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1677) | Send Message
     
    Wow (CLM) is getting over 17% interest. I didn't like the graph (10 year graph is really ugly) as the fund has lost a lot of money. I need to do more DD to see why. It was up on Friday & after hours.
    10 Aug 2013, 06:56 PM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1677) | Send Message
     
    Here's a link to Bob Wells, he explains his DGI portfolio and gives a link to David Fish's CCC list. You can download it in Excel format. At the very bottom, there are tabs so can go to the Challengers & Contenders, from the main Champions list. I like to set the type size to "200%" at the top, so it's easier to read.

     

    http://seekingalpha.co...

     

    Bob started his DGI portfolio just a few years ago, in 2011. He's retired and so uses the dividends to add to his retirement income. Bob's portfolio has done extremely well since he started it. Since he chose stocks with increasing dividends, every year he gets more out of them. From time to time Bob sells something & buys a new stock, or since his initial position has increased so much, he prunes it & buys something new. You will love his articles, and profit from them.
    9 Aug 2013, 07:04 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    Bluesky

     

    That's a LOT of good info in all those posts! Thank you. I'll be back in the morning to read though, and ask if I have questions. This should keep me busy....!
    10 Aug 2013, 12:44 AM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1677) | Send Message
     
    Curls, I must have spent hundreds of hours (or more) reading everything that these DGI authors wrote. It convinced me that creating a DGI portfolio, with an increasing dividend stream, was the way to go. So starting in March, I sold everything. Every bond, mutual fund, ETF and some stocks in order to start over.

     

    The retirement portfolio is nearly done. I just have about $150,000 cash left to invest, but I'm in no hurry with that remaining cash. Imagine, I bought stocks every month - even just last week - targeting DGI stocks. You can see them listed on my profile. Some of the stocks that don't quite fit were purchased last Jan. & Feb. I'm keeping them until they stop making money. Some I will dump soon, wish I had sold (NDLS) last Thurs. because it fell $5 on Friday. Darn!

     

    The important thing is, with the new portfolio I'm noticing that it has lost a lot less on the market down days than my old portfolio. I used to lose over $10,000 if the market fell anywhere close to 100 points. Now it's just $3,000 or $4,000. Not bad! Plus, I had income of about $27,000 in the old portfolio. Now it's already $30,000 annual dividend income, and I still have that $150,000 left to invest.

     

    What I'm noticing is the new portfolio holds up much better during market volatility.

     

    You can even see that with the stocks I chose for the portfolio challenge. I have (BAC) (MCD) (CMI) (LMT) (WFC) (UNH) (OAK) (SNA) (GPC) (LO) in the challenge. I'm still up a little over $1,000 even after all the down days. Every time the market was down, a couple of my picks were actually up. I expect them to come back strong once the market recovers.

     

    This is what happens when you choose blue chip, dividend growth stocks with low beta (risk).
    10 Aug 2013, 06:34 PM Reply Like
  • Notrub
    , contributor
    Comments (343) | Send Message
     
    8/9/13
    sell
    (CPST) 8559 shares 1.14=9757.26
    buy
    (CLM) 1360 @ 7.20= 9720

     

    8/7 balances
    (CLM) 3060
    (ARR) 2800
    (AT) 3000
    (JE) 1800
    (PGH) 2200
    (STB) 1900
    (SYPR) 3100

     

    cash 37.26-58.35=95.61
    9 Aug 2013, 09:28 PM Reply Like
  • Notrub
    , contributor
    Comments (343) | Send Message
     
    Sorry,
    (CLM) should be a balance of 3050.
    Fat fingers.
    9 Aug 2013, 09:40 PM Reply Like
  • Notrub
    , contributor
    Comments (343) | Send Message
     
    For future reference:

     

    http://bit.ly/19TnZHV

     

    NEW YORK, NY -- (Marketwired) -- 08/09/13 -- Cornerstone Strategic Value Fund, Inc. (NYSE MKT: CLM) and Cornerstone Total Return Fund, Inc. (NYSE MKT: CRF), (individually the "Fund" or, collectively, the "Funds"), each a closed-end management investment company, today announced that in keeping with each Fund's previously adopted monthly distribution policy, each Fund is declaring the following distributions:

     

    Record Date Payable Date Per Share

     

    CLM October 15, 2013 October 31, 2013 $0.1022
    CLM November 15, 2013 November 29, 2013 $0.1022
    CLM December 13, 2013 December 31, 2013 $0.1022
    9 Aug 2013, 09:32 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3756) | Send Message
     
    Curls, et. al.,

     

    I use a less scientific method for choosing my stocks. You see, I have very little money to work with. When I decided to get back into the market back in early 2009, I knew I would have limited funds, and would have to buy small chunks, and hopefully at regular internals. Trading costs were paramount in my decision process as to what I would do.

     

    Many years ago (90's), I was in an investment club with the rest of my family (4 brothers, 2 sisters, their spouses, and my mother). We'd get together each month, cookout, play cards, and have our meeting. It was lucrative, and we did very well.

     

    So it was memories of that time that reminded me of Computershare. Perfect fit for me - little to no fees on purchases, free re-investment of dividends in most cases, low minimum purchases, can buy fractional shares, etc., etc.

     

    But what stocks to buy? This is where I got all technical... I scoured their list of companies for ones that had no set-up fees, $50.00 minimum purchases, and with good dividend histories. That was the extent of my DD.

     

    Since then, I went from $50/month to $250/month spread across 15 companies. 3 of them get monthly purchases, and the rest of them get added to when I have spare money (recycling cans, parking lot change, surplus monthly funds, etc.

     

    I have zero losses to date. The list of companies I purchased through CS (some have since changed transfer agents), along with the total gain on money invested:

     

    (PFE) 73.3%
    (DUK) 62.9%
    (XOM) 23.5%
    (WIN) 4.1%
    (PM) 9.1%
    (VZ) 40.7%
    (FTR) 44.9%
    (MO) 26.9%
    (LMT) 50.1%
    (COP) 14.3%
    (T) 17.9%
    (KO) 18.3%
    (NEE) 69.2%
    (OHI) 137.1%
    (MAC) 55.1%

     

    Definitely very technical and sophisticated method, right? It's not a get-rich-quick portfolio, but it's safe, and it's worth quite a bit more than what I had to shell-out out-of-pocket.

     

    So, in essence, my plan is to buy good stuff for cheap, and definitely keep trading costs to the bare minimum. I want stocks that pay me to hold onto them. I don't have the ability to trade at a moment's notice, but with the portfolio I've built, there's really no need to. So far I've met all of those goals.

     

    It's not for everyone, but it has worked for me. :)
    10 Aug 2013, 07:10 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5143) | Send Message
     
    John,

     

    Looks like a well rounded portfolio.. Kudos to you for having the fortitude to do some buying in 2009 ..
    11 Aug 2013, 10:42 AM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1677) | Send Message
     
    John, I like your stocks - good picks!
    11 Aug 2013, 01:45 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » After careful consideration I am allowing ROS to reenter the challenge and allow for him to comment as he will be asking questions about reasons why people pick certain stocks.

     

    I will monitor it closely !!
    10 Aug 2013, 08:14 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    Hello all,

     

    Let me start by saying thanks for a second chance and know that I understand why I was banned and that I was 100% wrong. With that allow me to throw out an excuse or two even though my father always said "I don't want reasons, I want results." That usually came after a mediocre report card.

     

    I am about to get divorced, am permanently disabled due to a heart condition and as luck would have it, I have a chronic stomach hernia problem which had me on the operating table in early March and again, most recently in mid-July. I have had several problems with the recovery which in part turned me into an a%%hole…. well, some who have known me a long time will not agree I just recently became one…. but in the end, I am genuinely sorry. I hope you will all try to accept my apology.

     

    As for my picks, I spent about three weeks as my time would allow looking around the internet, reading articles and looking up companies I already liked to see what their recent company news was about and how the stocks were doing. I always felt that if I had enough money to buy several $50-100 per share stocks I would favor companies like Anheuser-Busch, Home Depot, Discover and Merck. They are also four big name stocks that cover different categories like retail, pharmaceutical and credit card services and of course my favorite consumer product, beer. So, those four were just stocks I have liked and followed for years. Another, Cisco fell into the same "watched for years" company but is priced a bit lower. I have been reading about Cisco for years and very little has been negative. I just believe its a solid choice. I am not sure if it is a one year portfolio challenge stock but I threw it in for the beginning.

     

    My choices were made after a lot of thought about what I would do for real if I actually had 100k available for investing. At the same time I didn't want to go with too many high priced stocks because I do have an IRA within which I can move money around once a year so learning about stocks more in a range I may be able to buy one day makes more sense. So, I have taken on this exercise pretty seriously and that is another reason I appreciate the opportunity to come back in here and learn by exchanging posts and reading other's opinions.

     

    As for AFOP and PSJ (and I suppose Cisco), I chose those in part because I am very much into computers and communications. My brother works in fiber optics and I had a short stint working for him a few years back. I also worked several years with a computer server and am on the computer often. I have had a favorable opinion of fiber optics companies for a long time. Even had I not worked in the field briefly, having experienced both cable (Time-Warner) and fiber optics (Verizon Fios) in my home on the computer and TV, I have seen first hand the huge difference and superiority of fiber optics. I like the technology field in general and some stocks within. I found AD to be one of the more interesting "cheap" stocks with a lot of potential in the industry and found it during my three weeks of research. I believe any portfolio I have, real or imaginary will have a couple of those in it.

     

    So that covers 8 of the 10. AL was a brand new find during my research as was GILD. I honestly cannot detail how I found them. I believe I was on Yahoo looking around and kept clicking on the other related stocks to get new ideas and eventually came upon these two and after reading up on them just liked their potential. Much like needing a tech stock, I always try to include a biotech and pharmaceutical stock. They seem to be good areas of growth and potential and so GILD became my biotech choice and as I mentioned Merck covered pharmaceuticals.

     

    There it is, my ten picks and reasoning behind them. As you can see, I cannot go on and on about the deep stock analysis end like charts and ratios, etc. because stocks and investing is still relatively new to me. After I inherited finances from my parents I turned them over to a financial advisor that came highly recommended as I was afraid to start making decisions on the money myself. I felt a somewhat conservative structured approach would be best and during our initial consultation (around 2003) he laid out his plan and made me believe that 6-10% growth per year was within reason. After calculating how that would turn out in 20 years I was quite confident in his plan. Of course, we reached 6-10% once in the first five years and in 2008 I got hammered. He neither suggested selling nor buying very much or very often as I believe I was one of his "less substantial income" clients so in 2008 I fired him and started my own research and investment education and now I am here in 2013 still learning.

     

    Now you know all about my situation, the fact that I can sometimes be an a$$ when surfing on rough waters and how I got here with my investing. I have 8-9 years before I can withdraw anything from the IRA but each year in October I can take 10% of it which has been in S&P funds and reallocate that amount anywhere I want provided I keep it inside the IRA. This is where the importance of learning comes into play most significantly. Basically, I spend a year learning and make a move or moves in October. I will also acquire a modest sum of money in about two years from my divorce and while I'll need to have some cash on hand I believe I can use some of that to invest too. I think you can all see how learning more and more about investing, stocks, companies, things like business development companies and dividends in general can benefit me big time. This IRA and modest cash I speak of is very much what I will depend on for the next 25 years should I be fortunate enough to make it to that point and whatever is left when I pass on will go to my only child so it is important long-term for that reason as well..

     

    OK, there it is… all of it on the table and without a doubt the longest post I will present in here. I am clueless about futures and options and just now learning about dividends. I am trying to "keep it simple stupid" so I don't make foolish investment decisions. I find the BDCs very interesting and tempting but will not choose one until I am a little better educated. I firmly believe in life if something looks too good to be true, it usually is and some of these BDCs seem that way to me so I need to learn. I will address a couple of those in another post.

     

    Finally, I plan to treat my portfolio in here seriously. I was torn between that and just having fun by trading often but I am not sure that will benefit me. I will likely trade in here more often than I would in real life simply to learn about other stocks and companies by buying a few but I won't overdo it so I can keep it realistic to my very real situation.

     

    Thank you all so much for a second chance and in advance I thank you for any advice and/or suggestions. Good Day to all.
    10 Aug 2013, 10:04 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3756) | Send Message
     
    Rich,

     

    Welcome back. You're already beating me. ;) Sorry to hear about your misfortunes, but, on the bright side, life does go on. I try to "keep it simple, stupid" in everything in life. ;)
    10 Aug 2013, 10:53 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5143) | Send Message
     
    Rich,

     

    Welcome back , As I have mentioned to you in a PM, your portfolio is well thought out. Wishing u well in your "real life situation"..
    11 Aug 2013, 10:38 AM Reply Like
  • BlueSkyForever
    , contributor
    Comments (1677) | Send Message
     
    good luck ROS, hope your health improves & your investing does well too
    11 Aug 2013, 01:47 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » @ROS

     

    I just checked your portfolio and I have a question... Was that you buying all those beer bottles and cans named Budweiser's all over NYC last night??

     

    And no, you cannot ride the horses either>>...
    12 Aug 2013, 05:12 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3756) | Send Message
     
    Isn't beer illegal in NYC?
    12 Aug 2013, 05:21 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    IT, JBT, F&G, BSF... thank you very much for your welcoming attitude and understanding. I look forward to a fun challenge.
    11 Aug 2013, 08:27 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » Did I say (DUST) or (NUGT) ? hehe...
    12 Aug 2013, 09:58 AM Reply Like
  • Doug Eberhardt
    , contributor
    Comments (2922) | Send Message
     
    Just as an FYI for 8 days from today;

     

    The Direxion Daily S&P 500 Bear 3X Shares (SPXS) will undergo a 1-for-5 reverse split while the Direxion Daily Gold Miners Bull 3X Shares (NUGT) will be reverse split on a 1-for-10 basis. NUGT is less than three months removed from a 1-for-5 reverse split. The splits for SPXS and NUGT also take effect on August 20.

     

    NUGT's bearish equivalent, the Direxion Daily Gold Miners Bear 3X Shares (DUST), and the Direxion Daily Healthcare Bull 3X Shares (CURE) will be each be forward split 2-for-1 with the split taking effect on August 20.

     

    Read more: http://fxn.ws/13SQ3rg

     

    Typically stocks that announce these reverse splits usually perform poorly. NUGT reversed from it's price of over $8 to $5 again and the forward split DUST took off with it's announcement, going from $67 to $107. I see a reversion back to these levels soon enough.

     

    12 Aug 2013, 11:26 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    @ ROS

     

    Welcome back!

     

    @ General

     

    I'm buying 10k of (Gold) today.
    10k of (DUST)
    5k of (MUX)

     

    I'll sell each on the days they move positive. Based on Doug & IT's exchange in chapter 31 this morning, this idea pops into my head on Gold of just buying each direction, and selling as it bounces around. ...unless it takes a permanent move, this should work. I'd ideally like to wait till it's more in the middle of the range. ...but this is play money so I don't have to be patient.
    12 Aug 2013, 10:48 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » @CURLS

     

    Any reason you did not buy (NUGT) as it seems to be just exact opposite of (DUST)?

     

    Now I have another question. Is there any ONE site where I can put in a symbol and see the dividend schedule ? I believe CVRR is due within days and FSC is at the end of the month. But I was told about these by SOUTH.

     

    So since we are suppose to monitor it ourselves I have no clue what site to use.

     

    Thanks !
    12 Aug 2013, 10:54 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5143) | Send Message
     
    IT,

     

    I use the Ameritrade platform and it has the div info there. Along with a lot of other useful data .. As others suggest yahoo finance is ok..

     

    I added all of the div info for each portfolio on the spreadsheet for the months of Aug & Sept. all can check to see if they agree . the money will flow to the portfolio results as the div are paid.

     

    Your div pmts for aug are PSEC & FSC ,
    12 Aug 2013, 12:06 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » FEAR

     

    I sincerely thank you and John for doing all this work. Without you two this would not work.
    12 Aug 2013, 12:28 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5143) | Send Message
     
    no problem , John did a great job in automating the spreadsheet when he added the rankings ..
    12 Aug 2013, 12:30 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » @FEAR

     

    I think you might have a little error. I believe I also get (CVRR) as I owned it until after the dividend date then sold it and (PSEC) I MISSED because the ex dividend date was prior to us starting by a couple of days.

     

    Maybe I am wrong.. But I think I get FSC and CVRR... IN August,
    12 Aug 2013, 12:39 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5143) | Send Message
     
    IT,

     

    ok, yes on the CVRR , that is a glitch we'll have to monitor , it wasnt added to the div part of your holdings , since it isnt in your portfolio presently.. but u do qualify , i will add.

     

    PSEC , u r correct , u owned on 8/1 --i'll fix spreadsheet.
    12 Aug 2013, 12:46 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    @ IT

     

    Ops, because I don't know one gold ETF from another and I have gold on my watchlist. So change that. 10k of (NUGT), instead of 10k of (GOLD). Thank you.

     

    I 2nd the question on dividends. So far nasdaq seems to keep the schedule for individual stocks but not every stock is on their site of course. Yahoo Finance has a lot too on the left side.
    12 Aug 2013, 10:57 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » CURLS

     

    "So change that. 10k of (NUGT), instead of 10k of (GOLD)."

     

    You mean 10k of (NUGT) instead of 5k of (MUX) ?
    12 Aug 2013, 11:01 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    Nope the (MUX) is a side bet. But if it doesn't come down by end of today. Come to think of it, i'll be out past 4pm, so no (MUX) today in the challenge.

     

    Primary was:
    I'm buying 10k of (Gold) today.
    10k of (DUST)

     

    Correction is:
    I'm buying 10k of (NUGT) today.
    10k of (DUST)

     

    Nevermind on the (MUX). They got good news, so they'll keep climbing, but it's not a good entry point to do blindly when out for a while today.
    12 Aug 2013, 11:06 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (3756) | Send Message
     
    I usually use nasdaq.com or yahoo for dividend dates. Of course if all else fails, Google it.
    12 Aug 2013, 11:12 AM Reply Like
  • User 7415181
    , contributor
    Comments (722) | Send Message
     
    Another option is marketwatch. I'll type in a ticker symbol and click on the news link for it and under press releases there should be announcements for the dividends - you can look back over the last year of the announcements to get an idea as to when ex-dates and the payouts are.
    12 Aug 2013, 11:28 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    Okay, this is bugging me. Gold is too high for a buy in.

     

    ....so my buys for today gold-related are only
    10k (DUST)

     

    Gotta leave, so no time to put in for other stocks that I'm thinking about. (Really IT, I'm thinking :). )
    12 Aug 2013, 12:37 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » ok, now I believe (NTI) HAD a news conference TODAY and I am guessing announced the dividend for this month and the ex dividend date and date of record. So where do i find this info?

     

    Can someone explain what these dates mean for all. I know i will confuse it.

     

    Thanks!
    12 Aug 2013, 03:14 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3756) | Send Message
     
    On NTI - It shows earnings will report after close today, with a conference call tomorrow. I'm not a follower of the stock, but I'd guess the div. will be announced tomorrow, or after close today. Sources looked at were Yahoo Finance and Morningstar.

     

    Declaration date: The date a company comes out and says it will pay a dividend for the quarter. Included information would be amount of dividend, record date, ex-div date, and payout date.

     

    Record date: You must own the stock on record date to qualify to receive the declared dividend.

     

    Ex-Div date: The date a stock trades (opens) to reflect a dividend was paid (the price will magically adjust downward from the previous close by the amount of the dividend). You can buy up to the day before ex-div and still qualify for the dividend.

     

    Payment date: The date the funds are credited to the shareowner on record as of "record date'.

     

    Typically 'record dates' are two days after 'ex-div' dates in order to allow for transactions to clear.

     

    It's a bit confusing, but that's how I understand it, anyways.
    12 Aug 2013, 03:50 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3756) | Send Message
     
    I was going to enter Curls' buy of (NUGT), but am unsure if it's 10k dollars worth or shares. Will wait for confirmation. :)
    12 Aug 2013, 04:30 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5143) | Send Message
     
    Didnt she say (DUST) as final answer.. ,, :)
    12 Aug 2013, 04:57 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » That's right FEAR, Glad you remembered..:)
    12 Aug 2013, 04:59 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » FEAR

     

    In fact I think I remember her saying she wanted 100k of (DUST). She kept changing her mind so much ..
    12 Aug 2013, 05:42 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » John

     

    Knowing her it was just spend 10k...But you can wait...
    12 Aug 2013, 04:43 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    :) - glad I could be so confusing... with only 1 stock. Should I be proud of myself, or go hide?

     

    I wanted $10,000 of (DUST). I'd love $10k of gold but not while it's topping out, so I'll have to take that in jewelry...

     

    I was aiming for (MUX) but it did it's climb already and I don't want to buy in afterward. Maybe with real money where I can buy on a midday dip.

     

    I tend to do my buys by $ amounts. I was very confused when I first discovered that people tend to buy in even increments of share numbers. Though, it sure is easier to trade when I'm not trying to remember 248 of these, and 143 of those...
    12 Aug 2013, 06:03 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3756) | Send Message
     
    No, I usually would mean "buy $10,000 worth", too - so I'm with you there. But, when I thought you said (NUGT), the trade could have worked either way (by # of shares, or total dollar amount). I did not want to make assumptions. :)
    12 Aug 2013, 06:20 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » @CURLS

     

    For me it is easier to remember how much I LOST. I own 1k shares and it drops a buck , I LOST 1k...See it is that simple..

     

    Now I root with you on (DUST).....
    12 Aug 2013, 06:23 PM Reply Like
  • CoinsK
    , contributor
    Comments (3369) | Send Message
     
    I would like to put on a trade for 500 Shares of (ZSL) Thanks ,Curt
    12 Aug 2013, 07:40 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5143) | Send Message
     
    Coins -

     

    I don't have a problem with this , but believe the new rules are that new buy or sell orders are to be announced during trading day .

     

    I'll add unless someone has an issue..

     

    :)
    12 Aug 2013, 09:04 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » FEAR

     

    Honestly, I wasn't sure if I answered this correctly, I was also under the impression that COINS gets the morning day's opening price.

     

    Someone asked me in a PM this same scenario as they were confused and my answer was any trade entered after the close was the next days opening price.

     

    Now for all does this seem right? I thought this was the fairest way to do it. But open to suggestions. So COINS gets the opening price tomorrow. Is this ok with all??

     

    If they announce a trade during the day they get that days closing price. like CURLS, SHE GETS TODAY'S closing price..

     

    So you can't add the trade until the morning when it opens..
    12 Aug 2013, 09:29 PM Reply Like
  • CoinsK
    , contributor
    Comments (3369) | Send Message
     
    That's ok I got home after 7:00 PM, about 3 hours after closing. So put the trade on at opening ,it's all just part of my greater strategy anyhow :)

     

    But what happens if I am selling? Can I sell what I already own at today's close?
    12 Aug 2013, 09:55 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » Only if you post during the trading day you would get that days closing price. So if you posted at 7pm to sell something you also get tomorrows opening price.
    12 Aug 2013, 10:07 PM Reply Like
  • CoinsK
    , contributor
    Comments (3369) | Send Message
     
    OK fair enough. I would also like to add 1500 shares of (SLV) at the opening Tue. Morning,since i won't have a computer available at that time Thanks,Curt
    12 Aug 2013, 10:15 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    Which makes me wonder how I lost money today, buying at closing price? I went to check (DUST)'s price -- and my internet went off. And by the time I fixed that... I forgot all about this.

     

    So now that my modem lights are pretty colors again ...I don't know what automated system $61.77 came from but I've corrected it to $61.59.

     

    Thank you to whomever entered it for me, John, Fear!
    12 Aug 2013, 09:40 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3756) | Send Message
     
    Because the closing price was $61.7660. Google was pulling the incorrect closing price. Please feel free to check all "non-automated" sites for today's close. I checked Yahoo, Morningstar, Bloomberg, and Nasdaq. They all concurred.
    12 Aug 2013, 09:51 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    Thanks John

     

    True $67.77 is correct. I checked my brokerages's site. So not sure why the google function is pulling $61.59. Way, anywhich way, shouldn't be a loss right while buying. So I'll go correct it.
    13 Aug 2013, 12:58 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (3756) | Send Message
     
    I think sometimes it gets a little info from after market.
    13 Aug 2013, 07:05 AM Reply Like
  • FocalPoint Analytics
    , contributor
    Comments (6005) | Send Message
     
    Sell 300 (KORS) I will enter the open price tomorrow.
    12 Aug 2013, 09:48 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    I would like to make my first change within my portfolio. DFS is a good long-term stock I believe but maybe not so much for this challenge and I want exposure to metals. Therefore I am going to sell off my 200 shares of DFS and purchase 650 shares of CEF which gives me exposure to both gold and silver at the same time. If, for some reason 650 shares exceeds my available funds after selling DFS then just take off increments of 5 (645, 640, 635) until the number is good to go but I am pretty sure the 650 will work..... so in short...

     

    SELL DFS 200 shares and BUY CEF 650 shares....
    at the opening prices on Tuesday morning

     

    Thanks, goodnight and have a pleasant tomorrow.

     

    ROS
    12 Aug 2013, 11:41 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » ROS

     

    You can buy in fraction of shares if you want an equal exchange?
    12 Aug 2013, 11:52 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5143) | Send Message
     
    Rich

     

    DFS sold @ 50.29 CEF Bot @ 14.97 - both yesterdays closing price.

     

    cash bal $381
    13 Aug 2013, 09:01 AM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    Nah. Call it an idiosyncrasy but I like the nice round numbers of shares or at least multiples of 5.
    13 Aug 2013, 12:53 AM Reply Like
  • FocalPoint Analytics
    , contributor
    Comments (6005) | Send Message
     
    8/13 Buy 35,000 shares (VICL) @ 1.53 I will replace this price with the opening price on 8/13.

     

    The company just suffered a failed Phase III trial and the share price plunged over 60%.

     

    However, the company has a good pipeline, has partnership arrangements, and is cash rich with sufficient cash to last through 2014. Here is a link to a comment I made where I point out that the success of a VICL investment is not married to the success of the (now failed) Allovectin trial and that investors should take note of the current revenue stream associated with their TransVax Astellas collaboration, and the promising results and potential revenue stream associated with CyMVectin. Both of the latter two products deal with CMV.

     

    http://seekingalpha.co...

     

    I think yesterdays selloff was overdone, and I expect a price recover to between $2 and $2.5 in the next three months.
    13 Aug 2013, 06:22 AM Reply Like
  • Dr. Ken Kapur
    , contributor
    Comments (168) | Send Message
     
    As I mentioned for the contest on Friday I sold all 3912 shares of (TZA) at a price of $25.21 at close giving me $98621. With this money I bought 1690 shares of (TNA) at a closing price of $58.33 as I am expecting a rally soon to previous highs. Total cost $98577
    13 Aug 2013, 08:50 AM Reply Like
  • Dr. Ken Kapur
    , contributor
    Comments (168) | Send Message
     
    I mentioned that Friday Aug 9 I sold all 3912 of my shares of (TZA) at closing price which was $25.21 and bought instead (TNA) because I am expecting a rally
    My total selling price was $98621
    (TNA) closing price was $58.33. So I bought 1690 shares costing me
    $98621
    This is in accordance with my blog of Aug. 9 .
    http://bit.ly/13M4IEG
    13 Aug 2013, 08:50 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5143) | Send Message
     
    All,

     

    Im just getting caught up here , so bear with me on these trades,

     

    It does look like John has taken care of the spreadsheet changes..

     

    I dont want to make an issue , since it is an exercise, but it appears that we are back to what caused some initial bad feelings..

     

    Entering trades after the trading day comprises others. also , opening prices now add another issue as it will cause a change as to what may have been entered on the day the trade was announced.
    More checking , more input ,possible issue if we have to go back & recreate a trade ..

     

    Is there a problem with announcing what each wants to do before 4 PM ? its entered into spreadsheet that night - done. 4 pm also give the people inputting the data enough time to enter the trades, rather than see if someone entered a trade later that night or early Am .. i can see trades never getting input into sheet..

     

    As stated i'll go along with whatever group decides,, just trying to keep it as simple as possible :)

     

    as far as closing prices , i believe John took care of that , marketwatch, yahoo finance, shows the close.
    13 Aug 2013, 08:54 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (3756) | Send Message
     
    Trades are appreciated prior to the day's market close. If, for whatever reason that's not possible (work, won't be at a computer, etc.), I have no problem putting in a trade at the days opening price. I'd like that to be the exception, and not the rule, however.

     

    A few posts above, Focal did an 'after-hours' trade, and made clear his intention to accept the price the stock opens at this morning. That's fine, and eliminates any advantage received from after-market bumps (earnings, etc.)

     

    It seems the problems arose due to trading on earnings info after it came out. With our initial trading time 'rule', we should have taken earnings into account and not accepted trades in stocks the day of, and the day after earnings announcements.

     

    Anyways... I'd prefer trades the day of by 4pm, to use market close on that day, but am okay with using the market open price as exceptions to the rule when someone cannot make a trade by 4pm, barring any major news on that stock (earnings, nuclear bomb, the second coming, etc.)
    13 Aug 2013, 09:18 AM Reply Like
  • FocalPoint Analytics
    , contributor
    Comments (6005) | Send Message
     
    I entered the opening prices from Yahoo:
    (VICL) 1.55
    (KORS) 72.73
    13 Aug 2013, 09:55 AM Reply Like
  • CoinsK
    , contributor
    Comments (3369) | Send Message
     
    Thanks for the hard work you have done Steve.I for one really appreciate the spreadsheet.
    13 Aug 2013, 04:26 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5143) | Send Message
     
    Coins,

     

    no problem, but there are others that are chipping in and make it EZ to maintain :)
    13 Aug 2013, 05:56 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5143) | Send Message
     
    John,

     

    thanks,, appreciate your input & your efforts with the spreadsheet

     

    .. case closed ;)
    13 Aug 2013, 09:53 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » If you enter a trade AFTER the market closes at 4pm you get the NEXT days opening price when either buying or selling.

     

    If you enter a trade during TRADING hours you get THAT days ending price either buying or selling,
    13 Aug 2013, 10:29 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » OK fair enough. I would also like to add 1500 shares of (SLV) at the opening Tue. Morning,since i won't have a computer available at that time Thanks,Curt

     

    Did we miss this trade by COINS??? Posted above last night.....

     

    I believe Focals trade is correct in the money but the cell that has the profit looks wrong.. Thanks..(VICL)
    13 Aug 2013, 10:49 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (3756) | Send Message
     
    IT,

     

    That's helpful. Some slip by inadvertently. If we can all look out for everyone a little bit, we'll get 'em all. :)
    13 Aug 2013, 11:29 AM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » Hey, you guys are doing all the hard work, it is the least I can try to do...
    13 Aug 2013, 11:31 AM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5143) | Send Message
     
    coins (slv) added, fixed Focals entry. (VICL)
    13 Aug 2013, 11:16 AM Reply Like
  • Doug Eberhardt
    , contributor
    Comments (2922) | Send Message
     
    F&G, keeps you in tune with some of the stocks eh?

     

    Nice of you to do the work as I know your time is valuable.
    13 Aug 2013, 12:15 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    (DUST) is up 6%. Grrrrr. In real life I've made nothing.

     

    I'm hoping in a few days as I get some personal stuff done, and can focus more on this... I make some good bets with real $ too.
    13 Aug 2013, 12:20 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » @CURLS

     

    In real life you met us !!
    13 Aug 2013, 12:30 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » OK, Now that a certain member is no longer with us I am going back to clicking on the like button for ALL comments left here. It is obvious we are left with a few posters who are going out of their way with work, knowledge, an putting up with crap once in a while.

     

    So why not reward everyone? No one has to follow me but everyone is explaining trades yet get no likes for that info. That isn't fair imo..

     

    But let me explain why. If you go to another article and post someone will look at your total comments and then your LIKES. If YOU are low on likes people think you are clueless. Just look at CURLS, almost every comment she makes has merit and in my opinion should be rewarded. Same holds true for all of us.

     

    Personally I was about even with my comments and likes, now that I post here almost daily a lot when I go to another article to recruit some newbies I am SURE they look at my feedback and then decide. It literally took me minutes for this WHOLE chapter. Now if I did it daily how easy it would be?

     

    Just my opinion, others do not have to agree..

     

    BUT A FED JUST SPOKE AND SAID TAPERING MIGHT BE DELAYED AND LOOK AT THE MARKET TURN AROUND!!
    13 Aug 2013, 12:34 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3756) | Send Message
     
    I wish the Fed guy would put a call through to my portfolio - it appears it hasn't gotten the news yet. :) I really hate these long strings of down days...

     

    Got my new tooth slapped on today, so feeling bullish on gold. I will leave my dental work to my son in my will, and he'll never have to work a day in his life. :)

     

    Just had a long discussion yesterday about the 'like' button (more to the point, the removal of the 'dislike' button). I give them out liberally.
    13 Aug 2013, 01:11 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » JBT

     

    I just did for all. Gonna be gone to visit some friends for the afternoon. Be back on line later tonight. Good Luck trading !!
    13 Aug 2013, 01:25 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    "BUT A FED JUST SPOKE AND SAID TAPERING MIGHT BE DELAYED AND LOOK AT THE MARKET TURN AROUND!! "

     

    Is that what happened? Again GRRRRRRRRR!!!!!!!
    I plan based on what the market is doing. But these folks keep manipulating it. Not with their policy, but with these inappropriate announcements to stop it from going down...or up too much either! Maybe if they'd let the market factor in the tapering to come, it won't be such a mess when they do taper? And my money would do MUCH better if they'd stop it already!

     

    I once had a boss who micromanaged. 1) He was taken out of management. 2) I don't remember him as effective, or much of anything technical about him -- just his micromanaging.

     

    They won't let retirees make money, in safe investments. Now they won't us make money in the market in expected, sane ways. I'm not a big firm - I can't be glued to the monitor for news. They'll messing with retail with big time unfair disadvantage!

     

    Done ranting now.
    13 Aug 2013, 01:01 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » He ain't. Still answering questions on FBN. BTW (TICC) has a dividend declared for Sept. Not sure when you guys want this info. I am still learning how to check all of this.. lol
    13 Aug 2013, 01:10 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    @ IT

     

    "he ain't" Who ain't doing what?
    13 Aug 2013, 01:28 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » @curls

     

    When you posted and I answered you they were at the site showing the Q&A of the Fed spokesperson.. They aren't showing it anymore .
    13 Aug 2013, 01:33 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    Selling my (DUST) at end of today.
    13 Aug 2013, 01:30 PM Reply Like
  • Doug Eberhardt
    , contributor
    Comments (2922) | Send Message
     
    Not happy. Just got this email from SA too, regarding revamping of NUGT. This would make NUGT stronger, would it not? Typically diversification makes a segment stronger. Not to say that foreign firms are going to perform well if gold continues to fall however.

     

    Will see how things shake out based on what the price of gold does from this point forward.

     

    Popular gold miner index retools to allow non-U.S.-listed firms • 1:27 PM

     

    The NYSE Arca Gold Miners Index is undergoing a major revamp - effective September 20, the index will expand its universe of securities to non-U.S.-listed companies, and will begin excluding those firms will less than $750M in market cap. The index will also include the use of ADRs and GDRs.

     

    A "buffer" below the $750M mark will be used to reduce turnover as well as to grandfather in any company currently in the index with greater than $450M market cap.

     

    The Market Vectors Gold Miners ETF (GDX) and the Direxion Daily Gold Miners Bull 3x ETF (http://bit.ly/Je8v2V) currently track this index.
    13 Aug 2013, 02:01 PM Reply Like
  • Doug Eberhardt
    , contributor
    Comments (2922) | Send Message
     
    Citi comes out with this....for those who are in NUGT.

     

    Gold miners will "struggle to make ends meet," Citi says • 6:40 PM

     

    Even as gold mining stocks are poised for a third straight year of losses, Citi analysts say it could get worse, with companies likely to "struggle to make ends meet" after failing to pass on benefits from the past four years’ heyday in gold to shareholders.

     

    Citi's gloomy view is in contrast to Marc "Dr. Doom" Faber's belief that gold miners is the one sector that should appeal to investors wanting to buy low and sell high; he likes Newmont Mining (NEM), Barrick Gold (ABX) and IAMGOLD (IAG).

     

    Citi recommends investors play it safe with companies that can adapt to a lower gold-price environment, such as Buy-rated ABX and Medusa Mining (MDSMF.PK); it tags Sell ratings on Harmony Gold (HMY), African Barrick (ABGLF.PK) and Polymetal (POYYF.OB).
    13 Aug 2013, 07:53 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    My problem with opinions like that of Citi is the fact they are generally short term. I watch FOX business news and read the papers and analysts love to make bold statements like Citi did but to me it doesn't seem those statements are long term predictions.... they will turn around 4 months from now and jump right on the metals bandwagon if it starts to gain momentum.

     

    I am very much long-term minded with metals and I really believe we are coming off the bottom and moving upward. I definitely think it will take time but I feel strongly that we will all look back at the summer of 2013 a few years down the line and say..."that was a great time to get into metals." --- ands by then it may be too late to benefit from the ride. Of course if one doesn't invest long term then they do what they have to do. For me, most of my picks are long-term.

     

    Am I off the mark here? I am definitely biased where metals and especially silver is concerned so I like to hear what others think about the future of gold and silver.... meaning 12, 24, 36 months. Thanks in advance for opinions.
    14 Aug 2013, 12:42 AM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    @ Doug

     

    That is interesting and important news.

     

    That could make a big difference in how (NUGT) moves. And whether it mirrors (DUST) as well as it is.

     

    Please keep us updated as you figure out what it's impact will be...
    21 Aug 2013, 01:46 AM Reply Like
  • Dr. Ken Kapur
    , contributor
    Comments (168) | Send Message
     
    I will sell all shares in (TNA) at closing price today. I will buy (NUGT) with all the money I have except $100. at closing price today i.e. August 13, 2013
    13 Aug 2013, 02:08 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5143) | Send Message
     
    Dr ken
    sold TNA - purchased 13832 shs of (NUGT) @ 7.21
    13 Aug 2013, 04:11 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5143) | Send Message
     
    Adding 400 (WLT) at close today.

     

    A "technical" call, in an oversold unloved sector.
    13 Aug 2013, 03:48 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    @ Fear

     

    I remember (WLT) from a while ago, it was down but looked like it was going down more, so it is time for it to revive. Some news that the sector is starting to get love. I'm not spotting the technical indicators in it's chart for a pop.
    13 Aug 2013, 10:50 PM Reply Like
  • Fear & Greed Trader
    , contributor
    Comments (5143) | Send Message
     
    Curls,

     

    Exactly, sector is beaten up , chart improving , we'll see ....
    14 Aug 2013, 08:50 AM Reply Like
  • Dr. Ken Kapur
    , contributor
    Comments (168) | Send Message
     
    Sold 1690 shares of (TNA) at 59.04. I bought 13805 shares of (NUGT) for $7.22 which was the closing price today
    13 Aug 2013, 09:33 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    Seeing a lot of people really going for it with NUGT. Has the group become optimistic about metals? Those interested in metals for real... do you think silver hit its low in the high teens and is now on a steady run upward? That is how I felt it would happen once it finally found that low. I am still contemplating averaging down my PSLV of which I own (for real). I purchased 600 shares at $13 last fall. I figure if I can get another 600, this time between $8 & $9 and get the average down below $11, I may see profit in the not-too-distant future. Would appreciate other opinions on where they believe metals are going over the next 10-20 months.
    14 Aug 2013, 12:34 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (3756) | Send Message
     
    Rich,

     

    (NUGT) and (DUST) seem to be trading vehicles only, and are akin to roulette wheels as far as I'm concerned. :)

     

    I owned (SVM) for quite awhile in my 401k, and sold that for a small profit. Otherwise, I find metals (commodities in general) to be too volatile for my tastes.

     

    I do buy 2 ounces of silver every month, though. Preparing for the great zombie apocalypse and all that, you know. ;)
    14 Aug 2013, 09:30 AM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    John... assuming I like NUGT to do well over say the next 6 months, is there any disadvantage to just holding it that long other than the risk I'm wrong and price doesn't do well? I understand most seem to be using NUGT for a short-term windfall by trying to time a good day or week but I own a few shares of NUGT for real and am sitting on it for a while. Do I get hit any harder by taxes with this one or is it just a high risk to hold for a while?
    14 Aug 2013, 01:08 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3756) | Send Message
     
    Rich,

     

    Others on here would be more qualified to answer than myself. The extent of my tax exposure is on dividends and capital gains only - not sure what the tax ramifications of funds are - they may be no different.

     

    As for risk, I'd guess it's the same as buying (GLD), or physical gold, except it's leveraged, so the gains/losses are magnified.
    14 Aug 2013, 01:16 PM Reply Like
  • Dr. Ken Kapur
    , contributor
    Comments (168) | Send Message
     
    Unless you use the trend following approach as i mention in my Blog. you will lose money in (NUGT). You have to hold it till the trend changes to SELL side and then BUY (DUST) which is the opposite of (NUGT). You just keep on doing that as long as there are Bulls & Bears in Gold. I discuss this approach im My Blog.
    15 Aug 2013, 06:23 PM Reply Like
  • Dr. Ken Kapur
    , contributor
    Comments (168) | Send Message
     
    Nobody knows where the the metals are going in 10-20 months. but the charts tell you where they are going in the next month. Follow the trend and go both ways up -go long and Don go short.
    15 Aug 2013, 06:23 PM Reply Like
  • Dr. Ken Kapur
    , contributor
    Comments (168) | Send Message
     
    They are not a gambling vehicle at all. By using Trend following approach , buy (NUGT) when the trend in (NUGT) is bullish & Sell when the trend changes. Then buy (DUST) when the trend in Gold is bearish. Keep on doing that and you will make money beyond you dreams. The current contest in which I am participating will prove my point by the end of this month.
    15 Aug 2013, 06:23 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    @ Dr. K

     

    You lost on your first trade (TZA). The others have been great successes. What was different about that one?

     

    Also - what's a link to your blog?
    15 Aug 2013, 08:59 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    Whats up doc? That's not a dis...my dad was a doctor and "doc" was always a sign of respect from my friends when they saw my dad. Anyway, I missed the part where you offered a link to the blog article telling us about this system to buy and sell NUGT and DUST. Can I see the link again please? I have held NUGT for a couple weeks now and done quite well but I realize it is extremely volatile and if there is a way to go back and forth I would like to see that method. I have a small amount in an online account which, if it does well, can become a nice windfall but has been low for a while. In other words I consider it low risk money so am willing to go after the NUGT/DUST trends to see how I can do... thanks.
    16 Aug 2013, 06:38 PM Reply Like
  • Dr. Ken Kapur
    , contributor
    Comments (168) | Send Message
     
    Do not worry about taxes. Sell when you get a SELL signal. If on one hand you make 10% and in my way you make 100% , what is better?
    16 Aug 2013, 07:17 PM Reply Like
  • Dr. Ken Kapur
    , contributor
    Comments (168) | Send Message
     
    By sitting on it you know you have lost money. When the current rally in Gold is over, SELL your (NUGT) & get into (DUST) , you will recover all your losses.
    16 Aug 2013, 07:17 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    I only found one article under your name Doc and it refers to the plan you mention but never explains the trend plan specifically. Is there another article???? What determines a SELL signal????
    16 Aug 2013, 08:01 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » @ROS

     

    That info will cost you !! Watch...
    16 Aug 2013, 08:02 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    Oh. As I was trying to catch up with the blog and saw the doc's suggestion of following his theory, I was under the impression he had posted it somewhere in the blog. If not, I am not interested in a bait and switch move like that in here.
    16 Aug 2013, 08:16 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » @ROS

     

    Nope, and has been asked by a few to post it. Plus go look at the challenge sheet and look at his first trade. It may change your mind!!
    16 Aug 2013, 08:23 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    @ IT, ROS on Dr. Ken's link

     

    I followed the link from his SA profile to a blog listed in one of his comments... which goes to a site that sells his book ($5), and has a few articles.

     

    The book jacket says it's a collection of the wisdom's he's learned in his many years of trading... so you can learn from his mistakes and get to profiting more quickly.

     

    The articles list some concepts and sell /buy moments. They tend to have a few good global comments (such as that a bounce was caused by something I can't remember.), but are also in complete. Charts are listed where you can't figure out what's the spot in the chart that's the topic. What I gathered across several articles, is that the wisdom is the known, but often not used, wisdoms. So he uses MA's a lot which Stan Weinstein's classic book describes well on how to look for triggers. He may have better fine tuning, but he doesn't give any clues of what or that he does. He then also uses candlestick signals, which I assume are the same ones someone told me are classics in Japanese Candles sticks (I can give you the book's name if you ask). Again, he may have selected a few key ones out, but he never says one way or the other.

     

    So my conclusion... there might be a lot of wisdom in the book, but his lack of communication here and on his site, makes me wish he'd do more, to make it all more clear. Asking for the blog link, shouldn't have required my digging for it -- that doesn't give a good warm fuzzy that his book will give me info without my having to dig for it too, and never quite figure it out.

     

    Also, not sure what he's say about (NUGT) doing poorly today after saying to stay with it yesterday. He uses signals, but I have no clue what ones...

     

    So to save you some work, I hope, that's what I found when I started following the links.
    16 Aug 2013, 09:43 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » @CURLS

     

    Great digging ! So everyone needs to decide what they want to do. I already posted I want to see where his results are come the end of July next year. As he stated no one knows what gold will do for 10 years, only the candles!!

     

    I can wait!
    16 Aug 2013, 10:38 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    Thanks curls,

     

    I think I'll just forget his theory as it sounds more like a summary of thoughts based on years of trial and error. In the end it sounds like he is trying to sell us something in here and I'm not buying. Thanks for the leg work as now I don't have to bother.
    16 Aug 2013, 10:38 PM Reply Like
  • Dr. Ken Kapur
    , contributor
    Comments (168) | Send Message
     
    Just go to my profile and you will get a link to my BLOG. I have many many posts. The best one for (NUGT) is dated Aug 10 .
    19 Aug 2013, 05:01 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » @DR

     

    Do you know to supply a link? Many have asked about this? if not we can explain how..

     

    Please give us a link to that Aug 10th post or copy and paste it here for all of us. It would be greatly appreciated..
    19 Aug 2013, 05:06 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (3756) | Send Message
     
    I followed the link to the blog. The buy/sell signals are given by using the 'trend following approach'. That approach is detailed in the book. IT, when you get the book, can you describe this 'approach' for us? Thanks.
    19 Aug 2013, 05:17 PM Reply Like
  • Notrub
    , contributor
    Comments (343) | Send Message
     
    Will sell 2800 (ARR) and 1800 (JE) and buy 3000 (CLM) at whatever today's closing price is.
    14 Aug 2013, 09:11 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (3756) | Send Message
     
    Yay. Another down day. :/
    14 Aug 2013, 11:16 AM Reply Like
  • User 7415181
    , contributor
    Comments (722) | Send Message
     
    Well, better today than later. I think. Rather have a few mild corrections along the way than another big time crash.
    14 Aug 2013, 01:57 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » Fed Bullard spoke and the markets listened !!
    14 Aug 2013, 01:59 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » I AM UPDATING to a new chapter in the middle of the day. Usually I wait until the day ends but I see no trades made yet. So hopefully anything new gets posted in the NEW chapter.

     

    http://seekingalpha.co...
    14 Aug 2013, 02:06 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    @ IT

     

    How do you time it -- just as I'm posting an important to me, question? :)
    14 Aug 2013, 02:08 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » @CURLS

     

    To me , your question might be better in the Chapters because I have a feeling only those playing the challenge are following the PORTFOLIO chapters.. They have no idea what our portfolios look like since they do not have the link.. So they are in the dark.

     

    Your question is a good one !! I answered it in the Portfolio Chapter but I think the lurkers follow the regular chapters. Just my instincts.
    14 Aug 2013, 02:37 PM Reply Like
  • Dr. Ken Kapur
    , contributor
    Comments (168) | Send Message
     
    I bought (NUGT) two days ago for $7.22. Where is it at 11 AM today?

     

    $9.65 per share and going much higher.
    15 Aug 2013, 06:23 PM Reply Like
  • richonsilver
    , contributor
    Comments (245) | Send Message
     
    I bought it last week and have done even better than you... all that means is you timed it right... THIS time and i timed it better. Doc, if you have a legitimate theory to share with all, by all means present it. If not, giving us "I told you so" after it goes up once in a while really doesn't do anyone much good. I think the saying goes "put up or sh...." Um, never mind, I have to behave myself :-)
    16 Aug 2013, 10:41 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (4158) | Send Message
     
    ROS

     

    Yep, that was my point -- shared leg work is a nice thing! No reason more than one of us had to dig....

     

    I'm still hoping he'll come tell us what it's all about... we'd all buy the book...

     

    Cute remark - you did manage to behave :-).
    16 Aug 2013, 11:24 PM Reply Like
  • Interesting Times
    , contributor
    Comments (11092) | Send Message
     
    Author’s reply » @ROS, CURLS

     

    I just ordered the book!
    17 Aug 2013, 12:40 AM Reply Like