% | $
Quotes you view appear here for quick access.

Uranium Resources, Inc. (URRE) Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • sdansker2002 sdansker2002 Dec 23, 2010 6:10 PM Flag

    OK...what's happening here...

    Sorry, i just noticed your comment. i had supper & just got back here. Yes, I margin. That's what allows me to make a quick buck & actually pocket the profit. I never sell all my URRE. I take about 50% of it on Margin & day trade. URRE has been an excellent vehicle to do this. I've ridden this stock from 50 some cents to 3.9 and done quite well day trading on both sides. i haven't found a stock so volatile in a while, and it's fun to play with. So far, working 5k shares daily on margin, I've reaped about 6 figures during the last 2 months. i don't know if I'll ever see this again here, but I did it with FRG and DNDN all last year. I'd say so far, I've been right on the margin effort about 80% of the time. I don't recommend this for anyone else. i'm playing with the house's money (meaning i'm using profits) and haven't ever gotten a margin call since I've got way too much in liquid funds to cover a downturn without that evil 'stop-loss' business being triggered.

    Thanks for your thoughtful comment. I wish you well. Merry Xmas.

0.60-0.01(-1.64%)Nov 25 3:59 PMEST