5 days into round 2 of the experiment... No trades have occured yet... Doing better (% wise & $ wise) then after the same number of days elapsed last round... $1000 cash as of today. Plan on making my move tommorrow...
Thats so funny there is a thread like this.. remember to do your homework before the trade. On second though here you go kid, did some for you. Good luck http://www.elitetrader.com/vb/showthread.php?s=&postid=881810#post881810
looks like rmkr had a good earnings report (-1cent/share reported, -3cent/share estimated). didn't quite kill, so I don't expect a whole lot in the next couple days. I'll give it a couple days to bounce and if it does I'll sell. Chaos, what exactly makes you think INGN is going to break out of the short selling attack? A couple months ago I bought NFI (another naked short sell stock), but sold at a small loss as I changed my mind & decided the money would be better invested elsewhere instead of waiting the shorts out, and also didn't feel comfortable with its ability to maintain dividend going forward (it was a good call too since I used the money to add to my yhoo & goog positions).
I'm done. My trading track record sucks. I have pretty much no skill at predicting <5 day price movement. My investing track record is pretty good (I've beat the s&p by a nice margin in my 3 years). There's no way i'm going to grow 1k to 30k+ without blowing up somewhere along the line. I don't have the time to be trading every day (or even weekly). I'm going to buy the nsx at toys r us (hopefully they have it & for under $10). If my investments do well, I'll get the real car. Otherwise I'll stick to what I'm currently driving. Next time I revive this thread, be sure to knock me upside my head... Anyways, I had fun coming up with this thread, reading peoples posts, writing posts (even though I lost money), dreaming of the possibilities. Hopefully y'all did too... Keyser