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The Marty Lounge>Investing megathread extravaganza
DaFace 11:23 AM 06-27-2016
A place to talk about investing stuff.
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Demonpenz 12:19 PM 07-08-2016
The key is to live below your means. Let your money make money. Be patient.
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Hog's Gone Fishin 12:22 PM 07-08-2016
Originally Posted by Rain Man:
It seems like now's the time to double down. If you liked it at .0014 you'll like it better at .0011. Plus, they now own a new Playstation 3.
I liked it at .0019 ,but went to take a piss !
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Hog's Gone Fishin 12:26 PM 07-08-2016
I just put money (a week ago ) into HGICX which is a mutual fund . Has averaged around 9.5% for the last 10 years.
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stumppy 12:50 PM 07-08-2016
Originally Posted by Hog Farmer:
Just placed an order for 500,000 shares of ONCI at .0014. Gonna be rich !
Looks like the 52 week high was .0059 .

Hog Farmers makin it.

Cue the song "Movin on up"
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lewdog 12:58 PM 07-08-2016
I want to invest in Hog Farmers company. Bacon is always hot and likely a tradable community in world chaos.
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Hog's Gone Fishin 01:14 PM 07-08-2016
Originally Posted by lewdog:
I want to invest in Hog Farmers company. Bacon is always hot and likely a tradable community in world chaos.
Well, my company is not a publicly traded company but if you just want to send me a check that will be fine. anyway I bought some jerk an xbox and I need my money back.
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Rain Man 01:21 PM 07-08-2016
Originally Posted by Hog Farmer:
Well, my company is not a publicly traded company but if you just want to send me a check that will be fine. anyway I bought some jerk an xbox and I need my money back.
Yeah, but whoever bought it at .0059 bought him a European river cruise, so you're ahead of the game.

I just bought some KNX today. I guess trucking has been struggling a bit, but it seems to me that there's no permanent clouds on the horizon.

How's steel doing? Did you ever buy any? I pondered that for quite a while. I like industrial stocks for some reason.
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lewdog 02:21 PM 07-08-2016
Originally Posted by Rain Man:
Yeah, but whoever bought it at .0059 bought him a European river cruise, so you're ahead of the game.

I just bought some KNX today. I guess trucking has been struggling a bit, but it seems to me that there's no permanent clouds on the horizon.

How's steel doing? Did you ever buy any? I pondered that for quite a while. I like industrial stocks for some reason.
Who do you use to make your trades?
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lewdog 02:27 PM 07-08-2016
If there's one industry that's risky but also a bit recession proof, it's alcohol. Not a bad investment option to have in your portfolio.

Diageo (DEO) is a good company and owns many top selling brands of Alcohol. Their stock has always remained rather strong.

I just invested in a company called Willamette Valley Vineyards out of Oregon (WVVI). I like their company structure, family owned and has really taken off in the wine making business in the past few years.
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stumppy 02:40 PM 07-08-2016
Originally Posted by Hog Farmer:
Just placed an order for 500,000 shares of ONCI at .0014. Gonna be rich !
Don't look now
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Hog's Gone Fishin 03:22 PM 07-08-2016
Originally Posted by Rain Man:
Yeah, but whoever bought it at .0059 bought him a European river cruise, so you're ahead of the game.

I just bought some KNX today. I guess trucking has been struggling a bit, but it seems to me that there's no permanent clouds on the horizon.

How's steel doing? Did you ever buy any? I pondered that for quite a while. I like industrial stocks for some reason.

I looked the other day and (x) US Steel was at $17 I believe. When I was pondering I think it had gotten down to $8. I should have borrowed $8,000,000and jumped in. Would have made a cool 9 mil.
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notorious 06:43 PM 07-08-2016
What online trade sites do you guys use to buy/sell stock?
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CanadianChiefs 07:00 PM 07-08-2016
Originally Posted by notorious:
What online trade sites do you guys use to buy/sell stock?
Questrade

Also gonna pump but you guys should look up AMDA, I've been in it and tracking for a while. I'm underwater because delayed FDA last year, but the company just diluted and warrants and all that crap, but it's trading under the $1 warrant value with FDA looming within 30 days (finally). It's risky but its shown strong support after falling to a new bottom with literally all bad news out of the way. Unless FDA denies but that seems unlikely.

It likes to pop a ton (20-40%) and then lose its gains within a few weeks. Historically is has done this, so I suggest entering at .90 with a stop at .82 (which would be a new low). Sell on any pop.
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notorious 07:01 PM 07-08-2016
Why do you like Questrade?
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CanadianChiefs 07:01 PM 07-08-2016
Also, stock twits is a great resource, it's like twitter for stocks.

Be wary of shitty pumpers and bashers, but I really like it because there are solid people who post rumours, news, PR's immediately upon release, stuff like that.
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