DFWMustangs stock market game 4 starts 3/25/2014

[03mustangdude]

^^^ that dude lost his ass if its true and it should be oct 14 call

6.00 Down 1.30 for the $200 call.

Option he was hoping it would go up a lot. Way to high risk his breakeven was 207.20 if he was going to wait till oct 14. Most likely he would have sold earlier if it went up.

[mustang_marc]

I got in on Alcoa (AA) earlier this year. 195 shares at 11.36. It's been a nice ride up to the mid 16s. Too bad I didn't get more, or couldn't afford more. I'm still looking for gold in the bottom of the Amazon.

[1carcrazyguy]

I got in on Alcoa (AA) earlier this year. 195 shares at 11.36. It's been a nice ride up to the mid 16s. Too bad I didn't get more, or couldn't afford more. I'm still looking for gold in the bottom of the Amazon.

That has been a good run. Hope it continues! So far I have done good buying low selling high with PLUG. Sold at 6.10 the last round. Waiting for it go back down again...5.76 or so today. I have also done good with JCP. Bought it at 8.96 and it was in the 11.20's today. Actually last week put an order to sell at 10.96 but decided to wait it out until ICPT pr PLUG got back down to start a new position.


However my WYNN holdings.... are going down the crapper..$236 avg and today 196ish.

Trying to find something else to buy into.....

[1carcrazyguy]

Not sure why, but bought 200 shares of RSH (RadioShack).

[1carcrazyguy]

Anyone else still hunting for bargains? Bought some more WYNN on the dip this morning! Hopefully lowering my average will pay off in the long run. WYNN is one of the companies on my accumulation plan.

[snacksnack]

how many shares are you buying at a time?

[1carcrazyguy]

how many shares are you buying at a time?

Not many.....only 10...no cowhide riches here. But that was all I had to play with in the scottrade account.

[jyro]

someone look at this stock and give me the down side

PGP .183 dividend per month 8%

http://www.dividend.com/dividend-stocks/uncategorized/other/pgp-pimco-global-stocksplus-and-income-fund/

[slow99]

PGP .183 dividend per month 8%

http://www.dividend.com/dividend-sto...d-income-fund/

Downside is you're paying almost 2% for a bond manager to pick stocks. The acwi is its benchmark and charges .34% with better performance since pgp inception. Not necessarily a bad idea just telling you the issues.

[03mustangdude]

Wish I had put a put option on quicksilver when it first tanked I had a conversation while drinking about doing so and just remembered today after it tanked again

[jyro]

You are evidently breathtakingly stupid ---yes i am

Downside is you're paying almost 2% for a bond manager to pick stocks. The acwi is its benchmark and charges .34% with better performance since pgp inception. Not necessarily a bad idea just telling you the issues.

Thanks for the help too
I know it is a high fee, still, I get .183 per share x12 I think that's around 8%.

what is acwi? = iShares MSCI ACWI (ACWI)?

I'm not looking for the equity to grow or decrease, I'm looking for a dividend return in my IRA to either reinvest or take monthly.

I already have 2k shares but I was thinking of 3k more for 10k a year dividends
I just don't understand what their doing to generate the dividend

[slow99]

Thanks for the help too
I know it is a high fee, still, I get .183 per share x12 I think that's around 8%.

what is acwi? = iShares MSCI ACWI (ACWI)?

I'm not looking for the equity to grow or decrease, I'm looking for a dividend return in my IRA to either reinvest or take monthly.

I already have 2k shares but I was thinking of 3k more for 10k a year dividends
I just don't understand what their doing to generate the dividend

Yes on the acwi. This fund is generating that dividend by holding shitloads of MBS, corporate bonds & notes, govt agencies, ABS, and preferred stocks. Go to Edgar and pull their form N-CSR to see the holdings.

[jyro]

wow

Yes on the acwi. This fund is generating that dividend by holding shitloads of MBS, corporate bonds & notes, govt agencies, ABS, and preferred stocks. Go to Edgar and pull their form N-CSR to see the holdings.

you make it sound so easy. I have never been on the edgar site. I'll try again when I have all day. Thanks

[1carcrazyguy]

So is the average guy going to be able to get some Alibaba shares?

[Broncojohnny]

So is the average guy going to be able to get some Alibaba shares?

Confucious say man who buy Alibaba get fucked in ass