ahchard Posted August 15, 2006 Report Share Posted August 15, 2006 I remember seeing some daytraders here on the forum and I am sure we have some investors... small or big... i was thinking we could have a stock chat area for any hot tips... anyone?? Ok... I will start... used to trade in the US markets... such as JDSU, JNPR, VRSN, ADCT, and a few others i forgot... got stung in the bubble burst... and have since sold all shares in US... also used to have shares in HSBC in HK... have sold those...still hold some PCCW in HK... dabbled a bit in the Malaysia stock market but a bit too speculative for me... in the NZ market used to have Telecom, air nz, sky city casino, tranz rail, and a few others... sold them all for small profits as the NZ market is pretty dead... just recently got back into the market... mainly the aussie market...since i am in nz so time difference is not much so i can keep an eye on the market... current portfolio includes AED, ARH, ADY, CDUO, GGG, AZA don't have very much invested... just starting small again since i took a big hit from the bubble burst... pretty much sold all what i had left in the US markets for a big loss and trying to start again from that... i have also tried options... not that good at it... recently looked at cfd's.... haven't tried.... also used to invest in a few venture capital companies here in nz... virionyx (biotech company doing HIV vaccine research), ilion (lithium ion technology) and vortech (wind turbine company... this one has gone bust.... and it was the one i put the most money in... dammit... anyway... lets see if we can get this rolling? if there is enough of us... Quote Link to comment Share on other sites More sharing options...
SubFrog Posted August 15, 2006 Report Share Posted August 15, 2006 I play the market here and there. Used to be in the industry myself, but lost most of my hair trying to cold call....in excess of 400 calls a day. But, those were the old days. The only thing good I got out of it was how to invest for myself. However, lately, the market has been pretty bearish on my portfolio and I haven't been playing with it much. My whale used to be MDT (Medtronics). I purchased a nice lot at about the low 30s and it grew to about 52 or so...now, it's somewhere around the low 40s. I made a nice return on it, but it's just roller coastering around right now. The reason I hold on to it is from a little tip I got years ago...but, I don't know if it will ever come to be. I'm not as aggressive as some of the things you spoke about...not brave enough for day trading. Seen some jump out of windows due to that. However, my retired father spends his days buying and selling...and a round of golf here and there. He makes more money today on the market than he did in his medical professoin. Maybe one day, if I have the time, I can learn more from him. I'm also a member of an Investor group here in town...but, we mostly just do reports and drink beer. Our holdings are up about 6%. Not bad for a bunch of party animals. LOL Good topic. Quote Link to comment Share on other sites More sharing options...
ahchard Posted August 15, 2006 Author Report Share Posted August 15, 2006 Yes... most of my previous investments have been pretty aggressive.... made heaps at first... then lost heaps too... which is what happens when you are aggressive... even my current portfolio is mainly consisting of oil drilling/ exploration companies and gold or other metal mining companies... but the difference is I only have a very small investment in these shares... Quote Link to comment Share on other sites More sharing options...
Usil Posted August 15, 2006 Report Share Posted August 15, 2006 (edited) I parked my investments temporarily in a cash account at the last peak so currently the account is up 11.5% YTD. Past month has been hash and the market does not seem to know what to do. Dangerous times and I prefer to wait a while. Still think another adjustment is coming this year. After that - bounce back in for a little ride. Usil Edited August 15, 2006 by Usil Quote Link to comment Share on other sites More sharing options...
KB Posted August 15, 2006 Report Share Posted August 15, 2006 I used to fiddle in the markets but lost heart when I play big on GKG (I think that was the abbreviation ) I was given a tip so I passed up on what I wanted and bet the lot on a blue ribbon stock. It immediately dropped 10 cents, not much for a stock that was around 8 or 9 dollars, but it did mean that I was holding a deficit. For a full year after that it went up a couple of cents, down a couple of cents, until almost on the one year anniversary it rose to a whole 2 cents more than I paid. I sold and after dealer fees was still a bit behind but the thing that hurt the most was the stocks that I had my eye on previously all did rather well and would have given me a nice return in the same period. But nothing can match my Father's missed opportunity, my Father has played the markets for most of his adult life and he has done very well out of it too retiring at the age of 55 to spend the last 24 years traveling around the country with Mum, parked themselves at the Witsundays for 7 or 8 years but I digress. My Father was an executive with the ANL (Australian National Lines) and through his work had a lot of contact with many characters from within the Ship Painters and Dockers, for my International friends just think of your powerful warfies Union (much the same) so anyway these guys have their fingers in very many pies if Dad did right by them there would always be that little whisper *Jack o Lantern race 6 Flemington* which was always a fixed race. Anyway it came to pass that one day in late 1969 the whisper in his ear was buy Poseidon 'But Big!', now as I have already stated my Father was quite good at playing the market and by his analyse Poseidon was over priced at $1.20 and history would prove him right, however short term shows that there was money to be made and lots of it. Being the wise fellow he is my Father declined to buy in to what he saw as a nickel (pun intended) and dime stock and promptly watched that stock rise to $10, the next time he was down at the docks a guy said 'what's wrong Bergie, you should be as happy as a lark', then Dad had to admit he didn't buy in, the instant response was theres still lots of time buy in now, but of course you now had this stock that was not worth the initial $1.20 over priced at $10 so Dad shied at doing so again, he was prompted again at $50 and one last nudge at around $100, if memory serves me well it peaked somewhere just shy of $300 a stock, talk about a missed opportunity Ken Quote Link to comment Share on other sites More sharing options...
Usil Posted August 15, 2006 Report Share Posted August 15, 2006 I don't do individual stocks. Too much effort. I prefer Mutual Funds. Usil Quote Link to comment Share on other sites More sharing options...
jfreeman420 Posted August 17, 2006 Report Share Posted August 17, 2006 Stock are boring and long term. I only trade Forex. Being a poker player, the forex market gives me the action I need. You can be rich or broke in a matter of minutes. I am also working on setting up my own IB for individuals and managed accounts. I average around 12% monthly with only two months with a slight loss (6% and 17%) this year. I also work with a Costa Rica land developer CR Tropical Properties. Seems the real estate market is hot there right now. Quote Link to comment Share on other sites More sharing options...
rwg777 Posted August 17, 2006 Report Share Posted August 17, 2006 I'm in the stock market. A few years ago, bought Nortel, got $4000 dollars profit, so bought myself a nice Toshiba laptop (typing on it right now). Then got greedy, bought more NT, then dropped. My average is $10, and when it went from <$1 to $9-10 again, I again got greedy and did NOT sell. Well, the rest is history. Still holding on to it.. haha Right now, I just bought a few oils : VLO, AET.UN I am betting after this terrorist thing is over, oil prices will go back up like normal. Also, I have ca:RUS Russell Metals, doing good for me. I used to watch Jim Cramer a lot, won some but burned on his other recomendations. So not really follow him too much no more. Quote Link to comment Share on other sites More sharing options...
ahchard Posted August 18, 2006 Author Report Share Posted August 18, 2006 Attended a free Optionetics seminar 2 days ago, nothing interesting... they are just trying to make money selling their 2 day seminars (nzd4295!!!) to newbies to option trading... Also attended a similar seminar few years ago by the name of Online Investor Toolbox... I did in fact pay over nzd2000 for their one year membership which in hindsight... would have rather spent the money on reps... Will be attending another seminar next month by CMC Markets on CFD trading... have heard a few things about CFD trading but don't know much about it yet... Quote Link to comment Share on other sites More sharing options...
KB Posted August 18, 2006 Report Share Posted August 18, 2006 Attended a free Optionetics seminar 2 days ago, nothing interesting... they are just trying to make money selling their 2 day seminars (nzd4295!!!) to newbies to option trading... Also attended a similar seminar few years ago by the name of Online Investor Toolbox... I did in fact pay over nzd2000 for their one year membership which in hindsight... would have rather spent the money on reps... Will be attending another seminar next month by CMC Markets on CFD trading... have heard a few things about CFD trading but don't know much about it yet... Those guys that give the seminars are rich, but not from the stock market but from giving seminars Ken Quote Link to comment Share on other sites More sharing options...
ahchard Posted August 18, 2006 Author Report Share Posted August 18, 2006 I agree... if only it were that easy... 2 days training and you can pretty much retire... lol!!! I imagine a lot of ppl actually lose a lot of money as a result of these so called training seminars... Quote Link to comment Share on other sites More sharing options...
jonthebhoy Posted August 18, 2006 Report Share Posted August 18, 2006 Please post hot tips here. JTB Quote Link to comment Share on other sites More sharing options...
KB Posted August 18, 2006 Report Share Posted August 18, 2006 Please post hot tips here. JTB Now theres a funny thing, I have been getting very strange spam for a while now and I can't work out the angle......................someone keeps sending me stock market tips...........true Ken Quote Link to comment Share on other sites More sharing options...
jonthebhoy Posted August 18, 2006 Report Share Posted August 18, 2006 Now theres a funny thing, I have been getting very strange spam for a while now and I can't work out the angle......................someone keeps sending me stock market tips...........true Ken Ken - beware all substitutes.........this is the best stock that money can buy: JTB Quote Link to comment Share on other sites More sharing options...
cornerstone Posted August 18, 2006 Report Share Posted August 18, 2006 Now theres a funny thing, I have been getting very strange spam for a while now and I can't work out the angle......................someone keeps sending me stock market tips...........true Ken They are odd (there's no link in them or website address). I can only assume that one in a hundred thousand people reply to their emails and the deception starts from there. I *still* get people telling me in a hushed voice that they got this offer from Nigeria and what should they do... Quote Link to comment Share on other sites More sharing options...
KB Posted August 18, 2006 Report Share Posted August 18, 2006 Well thank heavens I thought I was the only one getting them, I have even gone as far as checking out the stock suggested and it's all there, the stock the price they state the facts they state, I was beging to wonder if I had a rich benefactor. I've been deleting them for Months now I will pin the next one here. Ken Quote Link to comment Share on other sites More sharing options...
ryyannon Posted August 18, 2006 Report Share Posted August 18, 2006 Sorry, post inflation here. Not sure how it happened, but it did. My excuses..... Quote Link to comment Share on other sites More sharing options...
ryyannon Posted August 18, 2006 Report Share Posted August 18, 2006 The only thing I invest in is pigeons, and even they laugh at me (you should see the 'return on investment' I receive'). But I keep reading elsewhere that metals (gold, naturally, but even stuff like nickel) is currrently where it's at. Actually, this would have been a good tip around six months' ago, but at this point, it's really yesterday's news. Despite the rather disappointing returns in pigeon-hedging - unless the world rediscovers the value of guano - I still would not risk the little I have, which is all tied in in short-term but decently-yielding and Federally-insured Certificates of Deposit. Yeah, I know, only a pigeon would go that way, but you end up resembling the animals you hang out with.... My tip: be born rich, and let someone whose job depends on making you richer, manage your fortune. Quote Link to comment Share on other sites More sharing options...
ahchard Posted August 19, 2006 Author Report Share Posted August 19, 2006 Now theres a funny thing, I have been getting very strange spam for a while now and I can't work out the angle......................someone keeps sending me stock market tips...........true Ken I get those as well... I say ignore them... if they need to send mass spam to ramp a stock... the fundementals behind the company can't be that great... as for tips go... I am investing in oil, gold and mining companies in aussie at the moment... I am no pro... Does anybody know anything about the Russian oil company Rosneft? I heard it was listing in UK and seems like a lot of major oil companies bought a lot of shares in it... Quote Link to comment Share on other sites More sharing options...
ahchard Posted September 6, 2006 Author Report Share Posted September 6, 2006 There has been quite a lot of movement since I last posted.... in particular AED... I bought at 1.51 its trading above 3 now... and there is talk of it going much higher... all of this in just over a month? another one that is very volatile is CDU (previously AUM)... anyone else have any tips they would like to share? Quote Link to comment Share on other sites More sharing options...
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