DFWMustangs stock market game 4 starts 3/25/2014

[dmh165638]

PLUG has been very good to me the last week and probably climbing at least until Q3 earnings report next week.

[1carcrazyguy]

Congrats on getting involved and up to speed with your investments. You have a few names, which is far better than 1 or 2, but keep in mind that it isn't a lot of names and they're mid- to micro- cap for the most part. Point being, while your returns are better (congrats again), you're doing it by taking on much more risk. I'm glad the game initiated your interest - that's what I like to see. The point isn't to let you hang yourself though - I highly suggest you keep those mutual fund investments at least for the mean time. There's plenty of work to be done when selecting fund managers - I did it for a profession for a while. That might be a better place for you focus your time ... make sure the mutual funds you have are working for you.

Thanks for the advice. If you have any suggestions for companies to look into. I am all ears! Most of my scottrade is in BABA. Second largest position is in PLUG. I have it set to sell if it gets to 6.00. Then I will either hold out for a dip again or may add more BABA. Most seem to think it is going to go way way up from here.

[snacksnack]

Most seem to think it is going to go way way up from here.

Baba to go way up?

[1carcrazyguy]

Yes. It seems Jim Cramer, the options guys on CNBC, and most every investment advisor we have, all think it probably "only going up from here". But I figure that BABA is the least risky position in my portfolio right anyway.

I was planning to add TRN a while back. I quit following it during our move and when I did finally check it. It had taken a nasty hit! Not sure why so I have not added any.

[Captain Crawfish]

Volatility looks like it's about to return to
Markets. Keep an eye on it

[snacksnack]

well did you get out of plug while there was a profit?

[dmh165638]

I am still in on Plug at least until Q3 earnings next Wed.

[1carcrazyguy]

I am still in on Plug at least until Q3 earnings next Wed.

Same here. I had set a limit sale to 6.00. It missed that. Anyway, actually thinking about adding some more if drops more tomorrow. I would like to see it back in the 4.50 range to pick up a couple hundred more shares ahead of earnings. It may even go down after earnings and I plan to scoop up some more if that happens. I have no problem hanging onto it. I feel with the deals that they have already signed there will be many more in the years to come.

[dmh165638]

Same here. I had set a limit sale to 6.00. It missed that. Anyway, actually thinking about adding some more if drops more tomorrow. I would like to see it back in the 4.50 range to pick up a couple hundred more shares ahead of earnings. It may even go down after earnings and I plan to scoop up some more if that happens. I have no problem hanging onto it. I feel with the deals that they have already signed there will be many more in the years to come.

I really think this company is on the right path with the new CFO. They are announcing new contracts left and right and their cost per gendrive unit is continually going down. The only thing I worry about is more dilution. I think it will happen again soon and I want to be out before that and then get back in again after.

[1carcrazyguy]

I watch ICPT and have traded it multiple times for profit. They are set to report tomorrow before the opening bell. I just checked and it was down from $250's. All the way to $214. Glad I was not holding a position this time!!

[snacksnack]

Swir. Was told about this after trading closed yesterday. Opened almost 7 dollars higher today.

[1carcrazyguy]

Looking at the 3 year chart. It appears to be a good one to buy the dips.

[1carcrazyguy]

Just checked ICPT...... down $67 a share to 179. I will be waiting for the dust to settle before I even think about jumping back in.

[1carcrazyguy]

Ended up getting a few shares of ICPT (172.96) just before the closing bell yesterday. May lose all that I have gained from the previous 3 flips of the company but I figure I would give it a shot. I kept thinking, if I don't buy back in it will be over $200 at the opening bell Monday. Now that I bought back in it will probably be $100 at the opening.

[1carcrazyguy]

When a stock you plan to hold reaches your target price. Should you take the profit off the table or just pull the original investment and let the profit ride?

This is on Baba. I don't want to sell everything off but also don't want to lose my profit of it goes back down to the 90's.