Brilliant insight of the week: a stock's float is less meaningful than its market cap. Ie: one stock has a 25M market cap and 25M OS. Another stock has 100M market cap with 5M OS. Stock one with the larger float is clearly more explosive. Interesting stock of the week: BWEB.
Your comparison with the float VS outstanding shares is clearly a good comparison, Maybe you should elaborate. I was also thinking of filtering good companies with low outstanding shares / restricted shares Your stock pick though: BWEB is no good.
LONGS: PEIX - eth ADM - eth SNDK - mem CCJ - uran SVVS - darkfib DVW - darkfib EWZ - Brazil PCU -cop STalking.
Old habits die hard huh CW? Hype hype hype, then crash crash crash. Then, rebuild, and hype hype hype, then crash crash crash again. So once again you are re-built. Instead of hyping yourself again, focus on actually making it through this year making 6 figures and then worry about 07, 08, 09 etc. You're getting ahead of yourself again dont you think?
Steve, I never crashed , maybe stopped out but never crashed, where did you see me crash? <b>GAP DOWNS are the only time I lose "more" money </b> The only time I got hit more was by TXU/Oil/Korean Bank/ play that day Most I got stopped for was 2.8% on 1/10th of the capital on some Korean bank SHsomething [GAP DOWN] even TXU that day I got stopped out more was for 1.5 or something% 1/2 of capital though [GAP DOWN] GDW - messed up intraday trading that same day, lost about 1% throughout that day, I don't do that anymore Learned from that. Which crash do you speak of? ----------------------- No hype my friend, The entries I make, 70% on the money with tight stops, Do you see hype in my entries method? I sure don't. I'm up around 15 this year as of right now, 30-50 doesn't seem very far fetched considering I added <b> 2x more frequency of entries</b> now. I get to trade more now. On good weeks I can trade every single day of the week. On bad weeks no trades though. My trading progress is similar to an uptrending chart, Higher highs, lower lows, Until Breakout. How does this seem like fantasy land to you? Please point out the holes in my plan.
My portfolio is not allowed to have any "RED" for more then a day, In fact I work part time for the sanitation department. I clean the shit out every hour. Call me MR.CLEAN. These are the rules of coolweb. Thats why I have high $$$ aims. <h3>Should I aim low like the rest of the losers?</h3> It can't be stopped. I can't be stopped. <b>The market wants to take me out as well </b>, Market finds me incredibly arrogant but can't fk with the SANITATION WORKER.
All I meant was keep a level head and dont get ahead of yourself. You still have a long way to go (as do I).
Hello Steve, We all have longs way to go, Of course I understand this. Hell I'm just some shmuck trading his small account compared to the big players. The difference between a super star and regular joe is that, SUPERSTARS do not for one second doubt their FUTURE SUCCESS even when they are starting out in business. SUPERSTARS vision everything beforehand and make it happen. Michael JOrdan already knew he was a champion in 1984 when he just started playing pro. You never start out thinking your product is inferior to others, Its always the best because you are constantly working to MAKE IT THE BEST! Thats how superstars are made man! Un-wavering confidence in themselves and their vision/goals . Most people crash out on this board after a year or so, Hey I'm still here making consistent profits, while doing more bsing then ever This is the money mentality. Never shortchange yourself.
This market is guaranteed to go down tomorrow MONDAY And I am short FULL SIZE LARGE. Lets watch and play if not, We will need to cover immediately tomorrow morning 9:30 Most likely not Who thinks I'll hit it on the number? short NOVL, KMX, RECN