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I'm rich! BECOMES Thread about stocks

misbehavinmisbehavin Registered User regular
edited September 2007 in Social Entropy++
Okay, this thread is NOW about stock trading and other financial-type stuff.

If you MUST see what I originally wrote, look in the spoiler below.
Ok, not RICH, per say, but the stock market surged today, and one of my small-cap high-risk stocks shot up over three dollars per share today. My buying history of this stock:

1754 shares at $2.85 ($5,000 - Feb 9)
4854 shares at $4.12 ($20,000 - Feb 23) - An earning report and a new product line announcement gave me confidence that this stock would continue to climb, so I decided to eat some of the risk and make a sizable investment.

Then, I held onto the stock for some time. It made steady gains, but nothing major, then in May it was forecast to spike as another company was making bids on it. So:

2092 shares at $7.17 ($15,000 - May 30)
619 shares at $8.07 ($5,000 - June 25)

The stock then proceeded to tumble into the $5 range, and I thought about bailing but decided to hang on to it, since I had made such a sizable investment in a stock that I originally bought just as a high-risk short-term tickle, I decided I better try and ride it out. Good thing, because...

Now I have $45,000 invested, and 9319 shares of the stock.

Today, the stock shot up to 12.96 at last check (+3.26)!

That means this ONE stock in my portfolio is now worth: $120,774! That's a profit of $75,774!

Now, granted, I'm not selling it, but it's still very nice... Unless someone can convince me to sell and buy something extravagant (I'd have about $50,000 after taxes)... :wink:

misbehavin on
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Posts

  • BijlBijl Registered User regular
    edited September 2007
    This is extremely interesting

    Bijl on
  • WeaverWeaver Who are you? What do you want?Registered User regular
    edited September 2007
    Sell it and go on a cruise.

    Weaver on
  • TiBTiB Registered User regular
    edited September 2007
    soooooooo

    lunch is on you?

    TiB on
    SatW.jpg
  • The Otaku SuppositoryThe Otaku Suppository Bawstan New EnglandRegistered User regular
    edited September 2007
    I hope you get raped by a bear market.

    The Otaku Suppository on
  • RankenphileRankenphile Passersby were amazed by the unusually large amounts of blood.Registered User, Moderator mod
    edited September 2007
    buy me an xbox 360

    I will suck yo diiiick

    Rankenphile on
    8406wWN.png
  • WeaverWeaver Who are you? What do you want?Registered User regular
    edited September 2007
    Take out a new mortgage with a risky investor.

    Weaver on
  • GSMGSM Registered User regular
    edited September 2007
    Sell it.

    I have a hunch.

    Don't say I didn't warn you.

    GSM on
    We'll get back there someday.
  • NuzakNuzak Registered User regular
    edited September 2007
    well my riches come from my heart of gold

    whose riches are more important in life huh

    Nuzak on
  • World as MythWorld as Myth a breezy way to annoy serious people Registered User regular
    edited September 2007
    yeah I'd sell that shit

    World as Myth on
    kQwcZLJ.png
  • FAQFAQ Registered User regular
    edited September 2007
    I'm poor

    FAQ on
  • misbehavinmisbehavin Registered User regular
    edited September 2007
    GSM wrote: »
    Sell it.

    I have a hunch.

    Don't say I didn't warn you.

    But... You don't even know what stock I have?

    *looks behind*

    misbehavin on
  • WeaverWeaver Who are you? What do you want?Registered User regular
    edited September 2007
    Actually loan me $5000 at 8% interest with a 24 month repayment plan so I can pay some shit off.

    Weaver on
  • DruhimDruhim Registered User, ClubPA regular
    edited September 2007
    but you don't actually realize a profit until you cash the stock in

    it only represents potential value until you sell or trade it

    better hope it doesn't crash

    Druhim on
    belruelotterav-1.jpg
  • Filler Inc.Filler Inc. Registered User regular
    edited September 2007
    I wonder how my stocks are doing.

    I better call bitterman this afternoon and find out.

    Filler Inc. on
  • tony_importanttony_important Registered User regular
    edited September 2007
    hahaha
    I penetration strategied his mom.


    edit: I'm sorry. this was bad.

    tony_important on
    [SIGPIC][/SIGPIC]
  • WeaverWeaver Who are you? What do you want?Registered User regular
    edited September 2007
    fuck there went my pork bellies

    Weaver on
  • misbehavinmisbehavin Registered User regular
    edited September 2007
    Nuzak wrote: »
    well my riches come from my heart of gold

    whose riches are more important in life huh

    Mine.

    misbehavin on
  • NuzakNuzak Registered User regular
    edited September 2007
    I wonder how my stocks are doing.

    I better call bitterman this afternoon and find out.

    sounds like a crusty old dean to me

    Nuzak on
  • KovakKovak did a lot of drugs married cher?Registered User regular
    edited September 2007
    misbehavin wrote: »
    GSM wrote: »
    Sell it.

    I have a hunch.

    Don't say I didn't warn you.

    But... You don't even know what stock I have?

    *looks behind*

    how uhh

    how hard could it be to pinpoint what stock it is with a little research given all the numbers you just gave us.

    Perhaps even possible with just the numbers for today

    Kovak on
  • [Deleted User][Deleted User] regular
    edited September 2007
    The user and all related content has been deleted.

    [Deleted User] on
  • misbehavinmisbehavin Registered User regular
    edited September 2007
    Druhim wrote: »
    but you don't actually realize a profit until you cash the stock in

    it only represents potential value until you sell or trade it

    better hope it doesn't crash

    See, it's shit like that that makes me go "Er... Maybe I should sell..." and sit quietly all day at work looking very pensive.

    misbehavin on
  • [Deleted User][Deleted User] regular
    edited September 2007
    The user and all related content has been deleted.

    [Deleted User] on
  • KazhiimKazhiim __BANNED USERS regular
    edited September 2007
    Weaver wrote: »
    fuck there went my pork bellies

    Shoulda invested in OJ

    Kazhiim on
    lost_sig2.png
  • WeaverWeaver Who are you? What do you want?Registered User regular
    edited September 2007
    cash out & go into loansharking

    Weaver on
  • World as MythWorld as Myth a breezy way to annoy serious people Registered User regular
    edited September 2007
    fifty thousand chicken nuggets

    World as Myth on
    kQwcZLJ.png
  • TheySlashThemTheySlashThem Registered User regular
    edited September 2007
    Would it be bad form to post simply "tl;dr"?

    TheySlashThem on
  • misbehavinmisbehavin Registered User regular
    edited September 2007
    Kovak wrote: »
    misbehavin wrote: »
    GSM wrote: »
    Sell it.

    I have a hunch.

    Don't say I didn't warn you.

    But... You don't even know what stock I have?

    *looks behind*

    how uhh

    how hard could it be to pinpoint what stock it is with a little research given all the numbers you just gave us.

    Perhaps even possible with just the numbers for today

    Good point.

    The stock is ASTI.

    Just in case anyone was wasting precious time doing research.

    misbehavin on
  • Filler Inc.Filler Inc. Registered User regular
    edited September 2007
    Nuzak wrote: »
    I wonder how my stocks are doing.

    I better call bitterman this afternoon and find out.

    sounds like a crusty old dean to me

    Hes not. Hes my Morgan Stanely accountant. He's been in the business for 17 years now, and you will show him some goddamn respect.

    Bitterman is not someone to make fun of!



    EDIT: Well shit, turns out his name is actually bob.

    Filler Inc. on
  • PotUPotU __BANNED USERS regular
    edited September 2007
    buy me an xbox 360

    I will suck yo diiiick

    Is this all I have to do to get a fellatio?

    PotU on
    2mong9u.jpg
  • GSMGSM Registered User regular
    edited September 2007
    misbehavin wrote: »
    GSM wrote: »
    Sell it.

    I have a hunch.

    Don't say I didn't warn you.

    But... You don't even know what stock I have?

    *looks behind*

    Just wanting to make you anxious! You know, sour grapes, and all that.

    GSM on
    We'll get back there someday.
  • WeaverWeaver Who are you? What do you want?Registered User regular
    edited September 2007
    Bitterman was the Marine from Quake II

    Weaver on
  • DruhimDruhim Registered User, ClubPA regular
    edited September 2007
    misbehavin wrote: »
    Druhim wrote: »
    but you don't actually realize a profit until you cash the stock in

    it only represents potential value until you sell or trade it

    better hope it doesn't crash

    See, it's shit like that that makes me go "Er... Maybe I should sell..." and sit quietly all day at work looking very pensive.
    such is the nature of gambling

    when to pull out

    Druhim on
    belruelotterav-1.jpg
  • RankenphileRankenphile Passersby were amazed by the unusually large amounts of blood.Registered User, Moderator mod
    edited September 2007
    PotU wrote: »
    buy me an xbox 360

    I will suck yo diiiick

    Is this all I have to do to get a fellatio?

    for an elite I'll throw in a finger in the butt

    Rankenphile on
    8406wWN.png
  • TheySlashThemTheySlashThem Registered User regular
    edited September 2007
    fifty thousand chicken nuggets

    damn it WaM now I'm hungry

    TheySlashThem on
  • misbehavinmisbehavin Registered User regular
    edited September 2007
    Nuzak wrote: »
    I wonder how my stocks are doing.

    I better call bitterman this afternoon and find out.

    sounds like a crusty old dean to me

    Hes not. Hes my Morgan Stanely accountant. He's been in the business for 17 years now, and you will show him some goddamn respect.

    Bitterman is not someone to make fun of!



    EDIT: Well shit, turns out his name is actually bob.

    I worked for Morgan Stanley several years ago before taking a job at Goldman Sachs.

    Cash out, man... Trust me..

    misbehavin on
  • gazamcgazamc Registered User regular
    edited September 2007
    sell all of the shares


    and invest the money in gold

    gazamc on
  • KazhiimKazhiim __BANNED USERS regular
    edited September 2007
    gimme ur zennies

    Kazhiim on
    lost_sig2.png
  • JPantsJPants Registered User regular
    edited September 2007
    Congrats man.

    Sell that shit. Then buy a wave runner. Assuming you have water nearby.

    "Money can't buy happiness, but it can buy a jet-ski. Just try and frown on a jet-ski"

    JPants on
  • DruhimDruhim Registered User, ClubPA regular
    edited September 2007
    fifty thousand chicken nuggets
    best plan, or bestest plan?

    Druhim on
    belruelotterav-1.jpg
  • KovakKovak did a lot of drugs married cher?Registered User regular
    edited September 2007
    PotU wrote: »
    buy me an xbox 360

    I will suck yo diiiick

    Is this all I have to do to get a fellatio?

    for an elite I'll throw in a finger in the butt

    what do i have to do to get you to snack on a cat

    Kovak on
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