No position for me at the moment.
Anyone short or long at this level?
Nice come back GMCR? $3.5/sh gain in a day. Wow.
trade futures Danny,
That 50K you are playing with can be leveraged... like oil and natural gas... the buying power is something like $1780:$30000, so with 50K you have almost 850K in buying power.
I came back nicely? I settle at 1.5/sh gain. 1/2 off the table.
Please don't encourage him into those things. Without knowing the products and jumping into those, it can be very dangerous.
fyi, 5.8% down in one day, he could lose his $50k.
You seem to be interested in shorting stocks? Why shorted if you can be long on those I mentioned? Look at GRPN and NOK. I mentioned them yesterday that I bought them. Both gave me 4% gain.
I'm not in love with any stock. As soon as I see opportunity to make "quick" money then I'll do it, either long or short.
I don't hold stock more than 4 weeks.
Remembered, my goal is to make $200 a day.