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lutach 09.01.2009 10:43 AM

Lehman is showing some good resistance at around $0.18-0.19, but it did dip to the low $0.15 (Might have hit less) today. It might still have good potential to go to above $0.50, but it's a very risky move.

Note: I got in MTLQQ when the ticker was still GM and later changed to GMGMQ. I was going to sell it when it went above $1, but I kept it just for the hell of it.

Finnster 09.01.2009 11:42 AM

Quote:

Originally Posted by lutach (Post 317389)
I would like to know if you guys want me to edit the game's date so we can continue with this one for a while longer? Let me know what you guys think.

I don't mind. End of the year makes sense to me. Lot of us got in late anyway. Should be interesting during that time anyway.


IOW.. market is taking a beating now. I bought more PNX just before it dropped 20% >_<

Buying up more and hoping gor the best. the only one I got in the green in teh DXD I got a few days ago to hedge against a drop. Knew it was coming, but hopefully this is just a small correction. Hell of a run we've had and some financials got a bit silly imo.

lutach 09.01.2009 12:00 PM

Quote:

Originally Posted by Finnster (Post 317513)
I don't mind. End of the year makes sense to me. Lot of us got in late anyway. Should be interesting during that time anyway.


IOW.. market is taking a beating now. I bought more PNX just before it dropped 20% >_<

Buying up more and hoping gor the best. the only one I got in the green in teh DXD I got a few days ago to hedge against a drop. Knew it was coming, but hopefully this is just a small correction. Hell of a run we've had and some financials got a bit silly imo.

Ok, I'll keep the game going.

Taking a beating with good news, it's kind of strange. Maybe everyone is just to worried and got some profits. I hope tomorrow will be better. I thought PNX was going to the moon today. It did go over $3.

Yeah man, it was a great run there. I think Lehman will still show it's pink sheet strength soon. Hopefully it'll come out of bankruptcy and it'll show everyone what a monster the company really is. Too bad LEHMQ will most likely go away :lol:. I got some screen shots though to keep as a nice memory and if it goes up more I'll just keep taking screen shots lol.

Finnster 09.01.2009 01:44 PM

Haha re PNX. I bought a bunch back and sold off some stuff w/ less potential. I was actually doing this today w/ my real $, and if I was 20min slower I would have caught it after the drop. Sucks to go away, come back to you desk and seeing the thing you just bought down nearly 20%. Fook.
Got a major position now in it in the game again, so I hope it pulls back soon. If it gets to $5-6 like I'm hoping it will be awesome. No Lehman, but not too bad either.


I am bullish on it tho. I had a good feeling the market was due for a drop. Hopefully its just a minor correction. I was hoping it would not get dragged w/ the market, but I guess I was being optimistic. You never know tho. Least the DXD is green today. W00t 3%!

lutach 09.01.2009 03:10 PM

Quote:

Originally Posted by Finnster (Post 317535)
Haha re PNX. I bought a bunch back and sold off some stuff w/ less potential. I was actually doing this today w/ my real $, and if I was 20min slower I would have caught it after the drop. Sucks to go away, come back to you desk and seeing the thing you just bought down nearly 20%. Fook.
Got a major position now in it in the game again, so I hope it pulls back soon. If it gets to $5-6 like I'm hoping it will be awesome. No Lehman, but not too bad either.


I am bullish on it tho. I had a good feeling the market was due for a drop. Hopefully its just a minor correction. I was hoping it would not get dragged w/ the market, but I guess I was being optimistic. You never know tho. Least the DXD is green today. W00t 3%!

I can't wait for a time machine :lol:. I'll just keep my 25K shares of PNX and see where it takes me. I wasn't expecting it to drop like that, but it looks like a steady hold now so maybe tomorrow things will get better. Lehman is also holding a steady pace here.

Finnster 09.01.2009 04:16 PM

Well that was a crap day. Lost 200K. PNX got killed as said, but I had aquired some Rambus, but their anti-trust trial got delayed today and that took a tumble too. Week hasn't been going so well so far.:party: I'm hoping this won't be another ugly Sept/Oct.

Oh well, least I'm not back to 15th place again. I doubled (maybe tripled lol) down on PNX, so lets see where that goes.

lutach 09.01.2009 04:54 PM

Quote:

Originally Posted by Finnster (Post 317580)
Well that was a crap day. Lost 200K. PNX got killed as said, but I had aquired some Rambus, but their anti-trust trial got delayed today and that took a tumble too. Week hasn't been going so well so far.:party: I'm hoping this won't be another ugly Sept/Oct.

Oh well, least I'm not back to 15th place again. I doubled (maybe tripled lol) down on PNX, so lets see where that goes.

I can't complain, but yes it was an awful day. Maybe tomorrow it'll gain what it lost today. That sucks about Rambus, they're a good company. I'm really hoping to see everyone on the positive side. Right now I'll just sit back and wait until I get more buying power.

lutach 09.02.2009 05:43 PM

Nice job Finnster, 3% on a crazy day like today is not bad at all. I hope tomorrow will turn out better then today. I hope traders will make it a good Friday for everyone to enjoy the weekend :lol:.

lutach 09.03.2009 02:20 PM

I hope I get lucky with THMRQ. I see that THMRO is up 512% and THMRN will be up 3158% real soon.

Finnster 09.03.2009 02:46 PM

Quote:

Originally Posted by lutach (Post 318089)
I hope I get lucky with THMRQ. I see that THMRO is up 512% and THMRN will be up 3158% real soon.

lol.. that's some low volume tho. 800 shares. Did you aquire any meaningful amt of shares?

I was wondering if the game limits you to avg volume on selling like it does on buying. Couple of stocks I wanted to buy were so low avg volume that I could only get like $5K of stock at a shot which ended up being a big waste of time.

lutach 09.03.2009 02:51 PM

Quote:

Originally Posted by Finnster (Post 318095)
lol.. that's some low volume tho. 800 shares. Did you aquire any meaningful amt of shares?

I was wondering if the game limits you to avg volume on selling like it does on buying. Couple of stocks I wanted to buy were so low avg volume that I could only get like $5K of stock at a shot which ended up being a big waste of time.

Yeah, but the OTC market can get crazy like that lol. I have 1,997,800 shares of THMRQ :lol: and if it follows the 2 mentioned, I'll probably have some buying power again.

It does, but I think it's wrong though since this is a game.

lutach 09.09.2009 12:06 PM

Lehman has been the talk of the stock market lately. I've read some good articles about them. It sucks that people blame Lehman for what has happened to the economy, but I'm sure most don't know the real deal of what happened. If they got bailed out like many others did, this economy would a different story. It would be nice to see the OTC stock (LEHMQ) go up to the moon in respect for Lehman the company :lol:.

lutach 09.11.2009 03:44 PM

Like I said, the OTC market get be crazy sometimes. I made a few bets on some companies and one paid off huge. Now, I'm going to wait until Lehman gets a little boost. Got to love the OTC, it's risky, but sometimes it's like winning the lotto.

Finnster 09.11.2009 06:04 PM

Holy crap man. $40K into $12M..? yeah that's like the lotto. :)
And I was happy w/ my 5%'s I've been pulling all week. Finally closed above $1.5M. 50% total return over two/three hard fought months.
But you pulled a 66% return on an already $17M portfolio in a day. Damn. Whenever I'm just starting to feel rich something else happens to make me feel really really poor. ;)
You're playing this game on a whole 'nother level. :)

lutach 09.11.2009 06:30 PM

Quote:

Originally Posted by Finnster (Post 320079)
Holy crap man. $40K into $12M..? yeah that's like the lotto. :)
And I was happy w/ my 5%'s I've been pulling all week. Finally closed above $1.5M. 50% total return over two/three hard fought months.
But you pulled a 66% return on an already $17M portfolio in a day. Damn. Whenever I'm just starting to feel rich something else happens to make me feel really really poor. ;)
You're playing this game on a whole 'nother level. :)

:lol: It's a wild card though. It went straight up to $0.10 and now it's at $0.06. I tried to capitalize on the buying power I had when it was at $0.10, but put in a bet to late on 45 shares of BRK.A and the game canceled my order. I might be looking at just over $2 million in buying power for Monday. You are doing better then me when the game started. I got lucky a few times with some wild bets. I hardly know what I'm doing. I really have high hopes for XDSL though, mPhase Technologies, Inc. (http://www.mphasetech.com/) has an amazing product and it needs more attention. I hope they get it as A123 IOP's will be upon us soon and that can drive all the listed battery manufactures up some. I'm also waiting to see when Lehman will bounce back up.


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