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I'm rich! BECOMES Thread about stocks

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    PiptheFairPiptheFair Frequently not in boats. Registered User regular
    edited September 2007
    misbehavin wrote: »
    That stock has gone up another $2.74!!

    MAN...

    this is why I told you to sell off your profit and keep the rest invested

    PiptheFair on
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    STATE OF THE ART ROBOTSTATE OF THE ART ROBOT Registered User regular
    edited September 2007
    He's the one that listened to the advice of an internet forum.

    STATE OF THE ART ROBOT on
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    misbehavinmisbehavin Registered User regular
    edited September 2007
    I still have 4317 shares invested.

    I'm just bitching.

    And I had decided to sell off before coming here, I was just excited about my stocks and decided to share my joy.

    misbehavin on
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    STATE OF THE ART ROBOTSTATE OF THE ART ROBOT Registered User regular
    edited September 2007
    You know what to do with the profits then:

    Booze and hookers.

    STATE OF THE ART ROBOT on
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    misbehavinmisbehavin Registered User regular
    edited September 2007
    You know what to do with the profits then:

    Booze and hookers.

    Oh.

    Well, I was GOING to buy everyone on the forums something, but I like your idea better.

    misbehavin on
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    lostwordslostwords Registered User regular
    edited September 2007
    Take a mold of your donger and send everyone on the forums personalized dildos.

    lostwords on
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    PiptheFairPiptheFair Frequently not in boats. Registered User regular
    edited September 2007
    misbehavin wrote: »
    You know what to do with the profits then:

    Booze and hookers.

    Oh.

    Well, I was GOING to buy everyone on the forums something, but I like your idea better.

    booze and hookers

    take my booze money and buy a slightly classier hooker

    PiptheFair on
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    RaneadosRaneados police apologist you shouldn't have been there, obviouslyRegistered User regular
    edited September 2007
    so what stock was this that made oodles of cash

    (note I am not going to invest in it, because I am poor)

    Raneados on
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    Wise_aWise_a Registered User regular
    edited September 2007
    I sold 6 shares of DO last friday for 115 / share. I bought them at 92 / share. While that is not really a significant amount of money, it was still a good feeling to sell.

    I bought 105 shares of GMTN.

    Wise_a on
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    MonkeybombMonkeybomb Registered User regular
    edited September 2007
    Raneados wrote: »
    so what stock was this that made oodles of cash

    (note I am not going to invest in it, because I am poor)

    ASTI

    ASCENT SOLAR TECHNOLOGIES, INC.

    says Google

    Monkeybomb on
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    Wise_aWise_a Registered User regular
    edited September 2007
    I read the thread title as about socks initially.

    Which really isn't that much to talk about. Man, fuck socks.

    Wise_a on
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    MonkeybombMonkeybomb Registered User regular
    edited September 2007
    we should all jump in on this stock now and short it

    Monkeybomb on
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    Wise_aWise_a Registered User regular
    edited September 2007
    which stock?

    Wise_a on
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    MonkeybombMonkeybomb Registered User regular
    edited September 2007
    ASTI

    ASCENT SOLAR TECHNOLOGIES, INC.

    Monkeybomb on
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    misbehavinmisbehavin Registered User regular
    edited September 2007
    It is ASTI.

    They produce solar technology. They recently announced a big breakthrough, and were subsequently bought by Hydro to mass-produce the new panels.

    The stock has risen nearly $16 per share this year.

    Also, socks ROCK! Fuck bare feet.

    misbehavin on
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    Wise_aWise_a Registered User regular
    edited September 2007
    misbehavin wrote: »
    It is ASTI.

    They produce solar technology. They recently announced a big breakthrough, and were subsequently bought by Hydro to mass-produce the new panels.

    The stock has risen nearly $16 per share this year.

    Also, socks ROCK! Fuck bare feet.

    I like socks too, but as a topic of conversation - no thank you.

    Thats cool, pretty much every energy sector has been doing well this year. I had some ethanol stock a while back (I still have a little that I'm holding very long term) and I'm glad I dumped most of it before this recent downturn.

    Wise_a on
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    misbehavinmisbehavin Registered User regular
    edited September 2007
    Yeah, most of my high-risk stuff is in the tech sector.

    One fun ride was Wavecom (WVCM) which I bought about 1400 shares of in January at about $14 per share. By July, it was nearly $40 per share, and just as I was considering selling off, it plummeted to $19 in ONE DAY.

    Right, it's around $25.80, and I'm still holding onto all 1400 shares. I'll probably sell if it hits $30 again.

    Then there are the stead-eddy blue chips... IBM, AT&T, GE... Basically, a solid $1000 in gains every year. Good times, good times...

    misbehavin on
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    MonkeybombMonkeybomb Registered User regular
    edited September 2007
    man, how old are you dude

    I'm just now starting to get a good core of cash and I'm pushing 30.

    I guess I need to start investing all willy-nilly.

    Monkeybomb on
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    Wise_aWise_a Registered User regular
    edited September 2007
    Monkeybomb wrote: »
    man, how old are you dude

    I'm just now starting to get a good core of cash and I'm pushing 30.

    I guess I need to start investing all willy-nilly.

    Yeah, this is a good question.

    I have about 1,500 invested in stocks and thats basically like play money compared to what you're working with. How much of your savings do you have in stocks?

    Wise_a on
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    misbehavinmisbehavin Registered User regular
    edited September 2007
    Er... I'm almost 26...

    I have about 30% of my savings invested in stocks (from initial investment costs).

    misbehavin on
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    MonkeybombMonkeybomb Registered User regular
    edited September 2007
    Jesus, dude.

    I understand that you've been doing well in the market, but the initial cash for that had to come from somewhere.

    I've been doing pretty well for a while and even if I had started saving early, I would think would only have had the seed money for this sort of thing by maybe 27.

    Monkeybomb on
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    Seta 3000Seta 3000 Registered User regular
    edited September 2007
    Misbehavin what is your place of work

    I want to dig through their trashcans

    Seta 3000 on
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    [Deleted User][Deleted User] new member
    edited September 2007
    The user and all related content has been deleted.

    [Deleted User] on
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    misbehavinmisbehavin Registered User regular
    edited September 2007
    Well, it's complex...

    Growing up, my family was pretty average (middle-class-ish) but my dad was gung-ho about the stock market, so he got me interested at a very young age. When I was 12, he told me he would invest the $440 I had in savings (I was one hell of a saver and did yardwork for a weekly $20), plus matching it, AND he would pay me back what I lost if I lost any money. So I did (in Disney). By the time I was 16, it was worth a little over $3,000 and I was immediately interested in learning more about the stock market.

    When I got my first job at 16, I saved up as much money as I could (I mean, I still went out with friends and such, but saved a lot because I was single at the time and a night out with friends cost $20 at most) and made regular investments in the market. Granted, I was only making $250 per week, but it still added up.

    I worked throughout the school year and next summer and next school, doing the same thing. I changed jobs when I turn 18, making $580 per week (my first technical job) and kept investing. I also invested all birthday and Christmas money. By the time I left high school, I had about $15000 in investments.

    Thankfully, I got scholarships to college, so I only had about $20,000 in debt from graduating, and my dad (graciously!) used some of his savings to cover that, so I had no debt when I left college, AND I worked all through college (6 months at Morgan Stanley working in IT, then 6 months at Goldman Sachs, also in IT) at very good jobs, continuing to invest.

    When I graduated, I took a job as the head of the IT department for a growing company in Cambridge. The company has since grown tremendously, and my bosses, who are good friends of mine, have provided me with significant profit sharing, and my savings have really blossomed in the last three years or so, and I have invested significantly in that same time frame.

    So, I do have quite a bit of money to throw around, but thanks to my modest upbringings, I've been pretty good at saving and investing, and don't live extravagantly. The only super-extravagant purchase I have made is a 2008 BMW.

    misbehavin on
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    MonkeybombMonkeybomb Registered User regular
    edited September 2007
    ah, yes

    It helps to have a father who's not an asshole.

    Monkeybomb on
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    misbehavinmisbehavin Registered User regular
    edited September 2007
    The biggest trick was not getting discouraged when bad things happen.

    When I was 17, I made a bone-head move and threw nearly 1000 (a SHIT-TON of money at the time) at one stock, which subsequently tanked.

    Fortunately, rather than getting mad and cashing out, I just learned my lesson and kept diversifying my interests.

    misbehavin on
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    SkankPlayaSkankPlaya Registered User regular
    edited September 2007
    Let's start the SE++ Hedge Fund. We'll trade completely on nerd based corporations, and we can also manipulate the stocks talking shit about the corps here and other places.

    Just remember, it's borrow, sell, buy, return. Sure, you can be on the line for far more money then you have when you have to re-buy the stocks to return them, and our profits may be nominal, but um...I can't think of a good reason to do this.

    SkankPlaya on
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    M.D.M.D. and then what happens? Registered User regular
    edited September 2007
    I would be somewhat wealthier but i'm waiting on some land to sell.

    It's not my land, it's my moms. My sister and I have some claim to it though. It's down in the Caribbean on a small island off the coast of Honduras.

    All my aunts have a piece of land down there bordering each others land. I forgot the exact size of each piece though. A man in talks with my Aunt who still lives down there wants to buy each piece of land for one million dollars. If they sold i'd get 100 grand of it. He won't buy the pieces seperate though he wants to take them all. So some of my aunts don't want to sell because they keep saying they are going to live down there again.

    I know for a fact they aren't going to move down there, but they are complete morons. Because they don't want to give up something they screw the rest of the family. Hell, one of my aunts gave half the land to her daughter. Her daughter lives up in D.C. near me and complains about being in debt all the time and still doesn't want to sell the land. She goes out and buys a 50 inch hdtv and all this stupid furniture. And she still complains about money problems and won't sell.

    Sometimes I swear my family only does things to screw the rest of the family over.

    M.D. on
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    MonkeybombMonkeybomb Registered User regular
    edited September 2007
    Man, I would totally be in for some SE++ investing.

    Give me a reason to get out of my shell a bit with my cash.

    Also I would need to know the people investing with me are not total fools who dish out bad advice.

    Monkeybomb on
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    DynagripDynagrip Break me a million hearts HoustonRegistered User, ClubPA regular
    edited September 2007
    I don't really like investing in the stock market though it'd probably be a much better use of my money instead of a savings account. I do have a good interest rate though.

    Dynagrip on
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    lostwordslostwords Registered User regular
    edited September 2007
    Oh man, yeah, I would be down for that. I've been meaning to start investing, but man, it is intimidating as hell starting out all by your lonesome.

    lostwords on
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    SkankPlayaSkankPlaya Registered User regular
    edited September 2007
    Alright, this is what you do, you give me all the money you have, then you go find 2 suckers, I mean really rich and interested people to give you money, and they in turn, find 2 suckers each to give them money, and then you get that money, and I get your money, and then I'll move to the Carribean, and you'll have to deal with the cops. K?

    SkankPlaya on
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    Seta 3000Seta 3000 Registered User regular
    edited September 2007
    So, Misbehavin

    Would you like to adopt a son

    Seta 3000 on
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    SkankPlayaSkankPlaya Registered User regular
    edited September 2007
    so, pyramid scheme, go/ no go?

    Hedge Fund/ Stock manipulations, go/ no go?

    SEC investigation. GO.

    SkankPlaya on
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    misbehavinmisbehavin Registered User regular
    edited September 2007
    Seta 3000 wrote: »
    So, Misbehavin

    Would you like to adopt a son

    Depends... How old are you?

    misbehavin on
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    lostwordslostwords Registered User regular
    edited September 2007
    misbehavin wrote: »
    Seta 3000 wrote: »
    So, Misbehavin

    Would you like to adopt a son

    Depends... How old are you?

    There's probably grass on the field :v:

    lostwords on
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    FaricazyFaricazy Registered User regular
    edited September 2007
    lostwords wrote: »
    misbehavin wrote: »
    Seta 3000 wrote: »
    So, Misbehavin

    Would you like to adopt a son

    Depends... How old are you?

    There's probably grass on the field :v:
    the lawn around the monument has not been mowed

    Faricazy on
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    bentbent Registered User regular
    edited September 2007
    I'm going to get some premium bonds soon, just on the off-chance.

    bent on
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    StaleStale Registered User regular
    edited September 2007
    Man, give me a few months to get settled and moved down here, and I would be up for some SE++ investing.


    We should probably cap it intially. Just so it doesn't turn into a SE++ shanty town when we lose our homes.

    Stale on
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    Fort1tudeFort1tude Registered User regular
    edited September 2007
    I need to get my A+ Server+ and Network+ certifications so I can start making the serious money instead of these low end tech jobs, then I can invest!

    Fort1tude on
    Steam ID - Fort1tude
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