Stocks, who here invests?

[Biff15]

...that makes sense... thanks!!

pretty sure you can do it a few ways

cost average (various)...so average out the price of what you bought all the stock for..use that price as your cost basis and subtract from your profit or loss...dont forget to include commission you paid.......

this is more for inventory but still can work for stock sales....

FIFO- first in first out...use the price of the earliest stocks u bought and determine profit or loss from that

LIFO- last in first out....same as above except you use latest price of stock you bought.......

IRS is just interested in total you made or lost...not too worried aobut per share prices....

[Biff15]

my portfolio's been taking it in the ASS these last couple of weeks...

what the HELL is going on?

No microsoft yahoo deal, YAHOO DOWN 10%

I think the DOW may Finish NEGATIVE TODAY...

wowww

We are headed to under 12000 POSSIBLY NEXT WEEK....

AAPL IS GETTIN KILLED as well

[Yardsale]

Yeah I've been getting raped too

[sushijerk]

Man I really thought lows were in back in March. I blame Lehman and crude prices.

[Adam.]

Goldsource GXS baby!

[po_boy_fuuma_hatesbargerz]

my portfolio's been taking it in the ASS these last couple of weeks...

what the HELL is going on?

This is where I short sell everything.

Not for another few weeks/months am I picking up anything until I know we're past the bottom.

[constant struggle]

http://biz.yahoo.com/ap/080613/foreclosure_rates.html

LOL

forclosures up 48%

today isn't going to be pretty

[THEW<A>]

i some stock in nintendo, bought it at 22 now its at 66 i think

it was at 80 at one point. If anyone wants to jump on the bandwagon now would be the time

[snipez]

i got in with V at 66 so im sitting tight

lost two opportunities to gain profits at 88 but whatever, who here thinks they will dive a third time?

[mikeman]

i got in with V at 66 so im sitting tight

lost two opportunities to gain profits at 88 but whatever, who here thinks they will dive a third time?

I think the lowest you will see visa go for a while is around 78-79.It seems when they fall,they go no lower than that.

[mikeman]

What do you guys think about leman brothers(leh)? I think its fairly cheap right now,and might pick up a few shares.

[constant struggle]

SIRI/XM MERGER IS SUPPORTed BY HEAD OF FCC

THANK GODDddddddddd

i've been waiting with my SIRI stock for a while now

[Guest larry]

I have invested in commodities, using spread betting which is tax free in europe.

Do any of you apply moving average filters or other methods for taking a position?

Think crude oil is going to drop significantly very soon which will be good.

[Yardsale]

damn one of my stocks (VWO) was set for a 2-1 split but they accidentally made it 3-1 for me, but then they caught it just now

[constant struggle]

yeah i think all vanguard ETF's split...

somehow i am positive today

[constant struggle]

AFTER HOURS FOR ME TODAY IS LOOKING LIKE $$$$$$$$$$$$$$

http://finance.yahoo.com/q?s=ESLR

[mikeman]

^^nice gain.I need to pick up something in solar,and ESLR looks pretty good,would you reccomend it over something like SOL?Also how high do you think it could go this year?

[sircheesecake]

Sold ESLR today at 11.63. Bought at 10.40 a week ago. Not a bad gain

No idea what I am going to get myself into now. Still trying to recover those loses from RIMM when i got cold feet. Ill probably end up in some other crazy chinese company.

[constant struggle]

I honestly think ESLR within a year is going to be 25+

[constant struggle]

Sold ESLR today at 11.63. Bought at 10.40 a week ago. Not a bad gain

No idea what I am going to get myself into now. Still trying to recover those loses from RIMM when i got cold feet. Ill probably end up in some other crazy chinese company.

You could have got much more its already at 11.70!

[sircheesecake]

You could have got much more its already at 11.70!

Its all good. Its a artificial rally so you dont really know what it will peak at.

[constant struggle]

true, i saw as high as 11.77 so far, don't forget this is down day on the down too, otherwise this would go up much more... 24 million shorts need to cover

[constant struggle]

of course another one of my long positions is doing HORRIBLE Today:

http://finance.yahoo.com/q?s=SIRI

p.s. ESLR just broke $12

[constant struggle]

NEW Real-time: 12.20 1.96(19.14%) 12:07pm ET

Can't believe you sold at 11.673

[constant struggle]

anyone feeling some pain today ;(

[Biff15]

anyone feeling some pain today ;(

moi.

[DaBestSpoona]

goldman is just handing out downgrades everywhere to either load up or short.

[Yardsale]

I just want to curl up and die.

[Biff15]

...when will all this nonsense end?

[AstroWolf]

The funny part of this thread to me IS. That if you can afford Goyard this and Dior that, you most likely: 1- are already rich (and might be worth listining to assuming you made the cash and not your parents.) 2- Have no idea how to invest your money and are the last person to take any finanical advice from.

Just some thoughts