I was going to hit the AMZN BB and post something
to get their dander up when I realized how much spam
they get over there. Stuff like, check out xzy
company.....2000% return in a day....or ....checkout yzx company,
the next Amazon. Does it seem to be logical that the
spamers figure that if someone is stupid enough to buy
AMZN at the hyper inflated prices they're stupid
enough to buy anything?
By the way, i couldnt
bring myself to put the nasty post out there....looks
like those poor b*astards have their own board
problems without my help.
Why not pick up another 405 BKS today, even if
you have to sell some other stock to raise the
capital, and ride an even 1000 shares into the sunset?
Your average price will be about 31 bucks a share
(Wish my average was anywhere near that, it's around 35
on 1500 shares), and the payday will be much sweeter
for you down the road. Your PER isn't going anywhere
right now, and you could always buy it back with only a
portion of what your additional investment in BKS will
realize 4-6 weeks from now. I sold my KO stock and cashed
in some mutual funds money (and paid a 3% redemption
penalty) to buy 1100 BKS during the last month that I've
added to my original position of 400 shares. I'm
debating within myself whether or not to pull the trigger
for 500 more BKS today, and if I'm smart, I'll do it.
Why not go for the brass ring when I know
opportunities like this are few and far between?
for response. You (and several others on this
board) seem to be the most knowledgable regarding the
'black art' of investing! I asked because as I mentioned
in previous post about Datek's IPO later this year;
my 'friend' was asking ME about options.
it relates to her, this is what I understand about
options: (anyone who can give a 25 word or less (okay-50
words) description of whatand how options work would be
1. Datek (or any company going
public) offers their employees an OPTION to buy their
shares at a specific price.
2. Employee 'X' buy's
option for say 500 shares at, oh say $5.00
company then goes public and IPO runs up (like bnbn will)
to $90 a share.
4. Employee 'X' then exercises(?)
her option to buy 500 shares at $5.00 (really worth
now $45,000--math probably off-caffeine level getting
WARNING: I make NO claim to be knowledgable regarding
this--looking for help...appreciate ANY help on this!
long on BKS with 595 shares--in at $27.94.
good luck to all.
Although I have been anxiously awaiting AOL
earnings, I really didn't think about the whole earnings
picture. If BKS receives word from the SEC the week of the
26th...net stocks are going to be hot...why? Look who is
reporting earnings that week;
EBAY reports on 4/26,
AOL reports on 4/27, and AMZN reports on 4/28.
A lot of trading is going to be going on that
week...daytraders love IPO's and earnings...
That is more quantity than any of my other
holdings...except GSIC...I call it "my very own on line grocery
store"...A new company...I don't know shit about it, but for
a measly $1500...You can own 10,000 shares! Makes
me fell like a real "high roller"....
I would not sell BKS to buy BNBN...I would sell
another part of my portfolio...Maybe some of my dead
stocks or mutuals...Why sell something now at these
prices when you know that in 4-6 months this stock will
be trading consistantly in a much higher range...?
GO BKS... GO DELL... GO TO WORK...!
Great price, fella. 34 3/8, you timed this one
right. Wish I had done the same, but I jumped the gun a
little and added to the load at 36 1/2. Still, in the
long run it won't matter much. It's gonna be a fat
payday when this thing explodes. In fact, I feel much
better this afternoon after seeing the smart recovery
right after you bought. How many BKS are you riding
now? I have 1500 (average price right around 35) which
is by far the largest position I've ever held on any
only a fool would sell tomorrow...I don't mean
Motley...I more than doubled my position today @34
1/2...right before the change at 2 O'clock...I believe
tomorrow will bring some buying...even on no news similar
to last friday...depending on how much the increase
is I don't think BKS will sell off towards the end
of tomorrows trading...That is my crystal ball
reading for friday April 16....GO BKS GO DELL...Dell will
pick up tomorrow too...
Good luck to all..........
click candle...then click momentum at the bottom
of the screen<you have to scroll down, you
probably already knew this>...anyway longs will have to
hope all your investments go well
shorts...well i hope you have the sense to know when to take
your profits...if not i'll have to reopen my clinic on
monday...i'll bring some of my big city specialists...the
institutional kind...and all the "docs" on this site are
welcome to scrub in and assist...:)