Crunk Times, My friend.....Crunk Times

Status
Not open for further replies.
My dad used to make a good bit of money in the stock market by following his "system" he called it.

It went something like this.

He would search for 52-week highs. He didn't have just a ton of money to play with so he only paid attention to stocks under $25. He would spend hours looking at 6 month charts until he found one that met his criteria.. A flat line and then a slowly rising break through. Once he found that chart, he would look at the volume. If the volume began to increase as the line climbed, he would take it further. He would look up all the news and stuff on the stock. If the company had been in the green the past 6 months and was expected to profit more, he would buy the stock..

That simple "system" he had only failed him once. I just wish he woulda had more money in the market to play with. He would make an extra $10,000-$20,000g a year using that. However he has steered away from the market the past few years for some reason.

 
The stock itself is now around $2. AIG required a government bailout.
The other guy is talking about currency trading and I don't do that.
Back in the day, the govt had to bailout Chrystler...in a very similar fashion as they are doing AIG today. I think it will be a great investment. ALthough I don't expect it to make much of anything until mid 2009.
Thats fine with me(not doing anything til 2009). What is the minimum amount of stocks I can buy? I saw the story about teh bailout last night, and about the government printing more money too, but the channel got changed right as they were talkin about that.

 
My dad used to make a good bit of money in the stock market by following his "system" he called it.
It went something like this.

He would search for 52-week highs. He didn't have just a ton of money to play with so he only paid attention to stocks under $25. He would spend hours looking at 6 month charts until he found one that met his criteria.. A flat line and then a slowly rising break through. Once he found that chart, he would look at the volume. If the volume began to increase as the line climbed, he would take it further. He would look up all the news and stuff on the stock. If the company had been in the green the past 6 months and was expected to profit more, he would buy the stock..

That simple "system" he had only failed him once. I just wish he woulda had more money in the market to play with. He would make an extra $10,000-$20,000g a year using that. However he has steered away from the market the past few years for some reason.
Sounds good

because it's been on a decline. lol
Pretty much what I was about to say. Shits all messed up.

 
You can buy 1 share. A long time ago you had to buy them 100 at a time. Thankfully, that is no longer the case.
I like sharebuilder because they let anyone trade....but sometimes prices ****. For instance, the option was trading at 1.00 and I got it a 1.14...which didn't work as I wanted it too and you cannot limit trade for some reason...

So, my investment was 1.14 x 100 x 5 = $570, plus $15 in commission.
What about leh, since its .12 right now. Ok im going to look into sharebuilder right now. Im serious about it right now, im not just asking to **** around like before.

What other fees should i be aware of, that arent on the site?

x5?

 
LEH is bankrupt...unless someone buys them or something.
Sharebuilder charges $5 for express funding...where you make a trade and the front you the money for a day and take it out of your bank account the next day.

There are no fees...however there is little help or research.
Flip you are my help and research haha. Ok, well ill still set up the account.

 
Status
Not open for further replies.
Activity
No one is currently typing a reply...

About this thread

bdawson72

5,000+ posts
Finally Has Bass Again
Thread starter
bdawson72
Joined
Location
434/804, Virginia 15's:Yezzir
Start date
Participants
Who Replied
Replies
91,482
Views
1,385,070
Last reply date
Last reply from
▼)Ñ╩fZΣµ&
IMG_1882.jpeg

slater

    Oct 4, 2025
  • 0
  • 0
Screenshot_20251004_120904_Photo Translator.jpg

1aespinoza

    Oct 4, 2025
  • 0
  • 0

New threads

Top