Stocks and Trading Thread - Channeling your inner Mono

[Alcibiades]

Should have jumped on Amazon when I had the chance, up 20$ a share since I was about to press the button.   



On a side note, still in love with Intel.

[Tonitrus]

http://www.reuters.com/article/2012/01/20/us-markets-juice-idUSTRE80J11420120120



or....

[MadImmortalMan]

I bought 200 shares of SLB for about $55 in 09. I still have them.

[Phillip V]

I wish I had money in '09.

Oh well. Just save and wait for the next crash.

[Ed Anger]

I'm glad I bought Netflix after it crashed.

[Admiral Yi]

I'm glad I bought Netflix after it crashed.

I was thinking about Netflix.  How much is up from its trough?

[Ed Anger]

I'm glad I bought Netflix after it crashed.

I was thinking about Netflix.  How much is up from its trough?

It was down to nearly 60,IIRC.

[MadImmortalMan]

I'm glad I bought Netflix after it crashed.

I was thinking about Netflix.  How much is up from its trough?

Cramer says avoid it. So this may well be the time to buy. 

Jim Cramer
jimcramer Jim Cramer
Avoid Netflix - http://ow.ly/8HoCI $NFLX
2 minutes ago Favorite Retweet Reply

[Admiral Yi]

I certainly don't see it as a long term hold.  You have to figure at some point in the future they'll get Blockbustered.

[Ed Anger]

@116? He's right most likely.

I know I made some cool cash off the obscene rise today. 

[MadImmortalMan]

[stjaba]

I wish I had money in '09.

Oh well. Just save and wait for the next crash.

I would think it would be better off regularly investing your money, then trying to "time" a low. Just like it's difficult/impossible to predict high in stock prices, it's difficult to predict low prices.

[Admiral Yi]

I would think it would be better off regularly investing your money, then trying to "time" a low. Just like it's difficult/impossible to predict high in stock prices, it's difficult to predict low prices.

But then he's stuck investing in a mutual fund. 

[Ed Anger]

Netfux is being sued in a class action suit by former shareholders.

http://www.marketwatch.com/story/pomerantz-law-firm-has-filed-a-class-action-against-netflix-nflx-2012-01-27

[MadImmortalMan]

Netfux is being sued in a class action suit by former shareholders.

http://www.marketwatch.com/story/pomerantz-law-firm-has-filed-a-class-action-against-netflix-nflx-2012-01-27

Ouch. But hey maybe you and I can get five bucks or something. I owned NFLX at some point during that time frame.