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Genco Shipping & Trading Ltd. Message Board

backtoitnumber2 23 posts  |  Last Activity: Sep 29, 2014 5:01 PM Member since: Sep 11, 2008
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  • backtoitnumber2 by backtoitnumber2 Sep 29, 2014 5:01 PM Flag

    I'm long but I find it really stupid to be holding your earnings call after the market is completely closed. I don't really care what time it is in Hong Kong this stock is on the Nasdaq why announce your earning after the after hours session is closed? If they were great they should have announced this morning before market opened.

  • Reply to

    Good Price Action Going into ER

    by robmarb2000 Sep 29, 2014 4:22 PM
    backtoitnumber2 backtoitnumber2 Sep 29, 2014 4:57 PM Flag

    8pm eastern

  • backtoitnumber2 by backtoitnumber2 Jul 29, 2014 10:40 PM Flag

    I sold my shares during AH. Sold all my shares at 51.34. I hope there was a lot more people that sold during AH. After 30% pop stocks don't usually continue the run up. Especially after news that wasn't that great. I was expecting much
    better results these were almost same as last quarter.anyone else on this this board take the money and run. I'm not that greedy. Stock will go down under 50 in my opinion and if I'm wrong I'll still be happy with what I made today. Hopefully I can get back in at a lower price.
    board take their profit during AH?

  • Reply to

    3rd day in a row this starts off great

    by backtoitnumber2 Jun 2, 2014 3:27 PM
    backtoitnumber2 backtoitnumber2 Jun 2, 2014 5:13 PM Flag

    So do you buy at close sell on open then short all day long? I'm pretty new on this. Brought once high lost a dollar and sold.then re bought a ton at 30.69 and have kept it up to 35 and still holding at 31.75

  • Day traders must be making a nice profit. It started out up a dollar on Thursday. Friday it just went down all day and the today it started up 70 cents now it's down 40. Very frustrating!

    Sentiment: Hold

  • Reply to

    longs only ones getting hurt here

    by retailbaloon May 28, 2014 10:52 AM
    backtoitnumber2 backtoitnumber2 May 28, 2014 11:04 AM Flag

    Yeah this is terrible I hope it doesn't go up anymore. I made enough $$ today. This could really mess me up

  • backtoitnumber2 by backtoitnumber2 May 28, 2014 10:32 AM Flag

    Anyone holding a short position in this stock at 30.50 is an idiot. Most you had to gain was a dollar max with a possibility of losing 5 or more. You shorts are the idiots. I hope you'll be sending your congrats after today's close.

    Sentiment: Buy

  • Does any one have any recommendations. Looking for something in 2-4 dollar range that I can buy and hold onto for a couple years. I have one I believe should be very profitable but don't want to put all my eggs in one basket. The one I have bought is ZGNX. I think in a couple years this will be in the teens. The only thing I'm basing this off of is that I believe this company has a great product and that they will make huge profits over the next five years. I'm not recommending this or pumping this stock as I don't think it's going anywhere anytime soon. Thanks in advance for any ideas. I would like to analyze a couple more stocks and add them to my long term portfolio. No BS thanks.

  • Reply to

    No such thing as paid bashers

    by backtoitnumber2 May 27, 2014 10:45 AM
    backtoitnumber2 backtoitnumber2 May 27, 2014 11:25 AM Flag

    I agree with you. What was their estimate for the next quarter? I'm guessing they weren't too confident of turning a profit by the next quarter? I really believe eventually they will start making money and this will go back into the 70's but that might take awhile.

  • backtoitnumber2 by backtoitnumber2 May 27, 2014 10:45 AM Flag

    These boards have gotten really bad over the years. I wish there was a chat room or say a Facebook group with serious investors not a bunch of lying people. You should have to cut and post your positions so we would know people weren't lying. Does anyone know if such a site exists? I think it would be great to talk to other serious investors.I'm sure there are some people on this message board that really know what there talking about but lately looks like 1 in 100 posts are honest people.

    Sentiment: Buy

  • backtoitnumber2 by backtoitnumber2 May 26, 2014 3:31 PM Flag

    That said this wouldn't go down 5 straight days. It did but those 5 days down = only 4% down. I think the 4 that followed was another 7%. I got out on the 5th after putting everything in. Sold down 5% put everything in NFLX and got 15% gain. 9 days down seems crazy in this market. I still think this goes back into 40's but going to sit on the sideline as I lost enough on this one.

  • Reply to

    I'm all in for today

    by backtoitnumber2 May 20, 2014 9:40 AM
    backtoitnumber2 backtoitnumber2 May 20, 2014 11:05 AM Flag

    I guess I was wrong this stock really does stuck. Should have stayed in NFLX. :-(

  • Reply to

    I'm all in for today

    by backtoitnumber2 May 20, 2014 9:40 AM
    backtoitnumber2 backtoitnumber2 May 20, 2014 10:33 AM Flag

    A: , I'm not lying B: I never said this was my best idea I ever had but after 5 down days I think its due. C: I didn't recommend this for anyone else.

  • backtoitnumber2 by backtoitnumber2 May 20, 2014 9:40 AM Flag

    I did something I never do I used all my day trading margin on twitter. 10x the money I actually have in the account, bought 30k shares at 32.00. Hoping for a positive day. I'll take 32.50 and I'll sell the margin. Will hold as low as 31.80. Good luck to all.

  • I'm starting to regret my position in this piece of #$%$ stock, down on up days in market is never a good sign

  • backtoitnumber2 by backtoitnumber2 May 17, 2014 1:09 PM Flag

    Even bad stocks have up days twtr has been down 4 straight days. In the last 4 months during its fall of 50% twtr has never fallen 5 straight days. I realize this isn't the best strategy but check it out for yourself. It has never ever closed lower 5 straight trading days. Never!!!!

    Sentiment: Buy

  • Reply to

    I lost so much money

    by alirsgp May 7, 2014 4:31 PM
    backtoitnumber2 backtoitnumber2 May 7, 2014 8:24 PM Flag

    I actually did the same stupid thing 7 years ago with a company called lehman brs. I was so positive the government would bail them out I bet everything on it. I lost, they didnt LB went bankrupt and a few weeks latter they had to bail out all banks. Never put what you can't afford to lose in the market. Its taken me 7 years to get back in this stupid thing and I'm on the short side of every over priced IT stock including the other balloons like TSLA. The IT nasdaq is going to crash. Take what you have left and short any of these ridiculously overpriced stocks. Youll have all your money plus some in 2 months.

  • Reply to

    Are scripts tracked?

    by daduke38 May 7, 2014 12:07 PM
    backtoitnumber2 backtoitnumber2 May 7, 2014 5:29 PM Flag

    My Dr pushed me to this and said she was going to a conference later that month. I really think this will be huge. Most people I know on pain meds are taking this. But like someone wrote q1 results wont be that great as they are giving away first script for free and next 4 at $25 so im investing everything after they report. Hope it goes down on loss and not too high on guidance for next quater which will be huge.

  • Reply to

    Please answer

    by backtoitnumber2 Apr 21, 2014 4:27 PM
    backtoitnumber2 backtoitnumber2 Apr 21, 2014 4:48 PM Flag

    so now it shows everywhere that it is still 1.70. Does that mean it will retain?

  • backtoitnumber2 by backtoitnumber2 Apr 21, 2014 4:27 PM Flag

    I dont get it this same agreement was finalized over a week ago. Why has it went down after they recieved what they wanted? I really dont understand this? Why did it go up 28% on the news this was coming and down 50% when they actually did it? Maybe I'm not too bright but I thought this was good news its a chapter 11 not 7

1.700.00(0.00%)Apr 21 4:07 PMEDT

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