I'm curious about something, you seem to be the guy to help me understand. Do you actually enjoy posting fake post-dated trades on here? If so, can you explain why? For example I can say right now I bought 1 million shares of PIR for 20 cents but why bother? Have a good one.
If he really made 10X his whole portfolio I will grant him God status. He would be the best investor of all time, the envy of Buffet and others who take 7 or 8 years to do that. Now if he is just playing with 5% of his money or less which is prudent with options, no big deal. My guess is he eventually will lose whatever he's playing options with when the market reverses.
You made 10X your money for the year? With what % of your portfolio? Did you turn 10K into 100K? 100K into 1 million?
For traders with non-qualified accounts, how do you handle estimated taxes? For example, let's say you make the following amounts: 10K Q1, 15K Q2, 12K Q3, 8K Q4 in a given year. Do you just take your tax rate and multiply it by the profit for each quarter and then send it in?
By gem I mean trading far below fair value. Of course the share price is disappointing for now.
Thank you! Is this your number one holding, or do you hold others that have more potential upside than this gem?
Do you think it would be $10 or higher.
Check this link out. $70 uranium price forecast. Where does that take URZ? $10? $20? Your opinion?
TZA go to 17.50 end of this year then hit 22 in early 2014 that's what I'm going with.
thank you for your perspective. Are you taking on new clients at this time? If so, what are your management fees like? I appreciate it.
Thank you for your advice. Would you mind sharing what kind of % gains you have made in the market this year? I'm hearing crazy stories about folks making 1000% or more this year alone. I would be thrilled to just make a modest 50% per year going forward. it looks like this SVXY may be the ticket. I think if I simply put half my money in every January I will make a bundle. Too bad I didn't buy FNMA at 20 cents I have a friend who went all in and made like $1 million off a 50K investment on the spike earlier this year. It's intoxicating. I'm only playing with 100 grand so I am not the kind of big player that seems to be on this board but I still want to play even if I'm a minnow.
I have followed this for a long time never had the courage to get in. If you had 100K and were going to use it solely on the VIX products such as SVXY, UVXY, and what not, do you think it would be reasonable to be able to generate about $5000 per month (in other words 5% return on a monthly basis)? If so how do you recommend I learn how to do this? I will put in 16 hours per day of study if need be.
I wish to all that is holy I had bought this for 20 cents. Now I have been burned many times buying after a huge rise. Do you really think this can return to $10 per share or even higher? I would love to see your reasoning. Looking for that huge home run and starting to think maybe this is it even though I should have had 10X more shares if I was smart enough to buy lower.
What is this term "down year?" I did not think this was possible. The Russell 2000 has pulled back about 2% but can easily make a new high for no apparent reason.