great site/service if you can trade in your 401k

[amF16]

After looking into who owns Jason Bond and you still aren't concerned about backing this company, all I can say good luck and I hope this boiler room operation works out for you.

 

[RedDogC130]

I guess enough said. Time to get back to my airline is more f up than yours. Thanks for posting your views and thoughts.

 

[RedDogC130]

here are the 2013 trades. I tried to get the format correct but you can figure it out.


Stock Trade Type Shares Buy Date Buy Price $ In Sell Date Sell Price $ Out P/L Per Share P/L Total % Win/Loss Days
HL Long stock 10000 28-Dec $5.76 $57,600 2-Jan $6.07 $60,700 $0.31 $3,100 5.38% 5
ZNGA Long stock 30000 7-Dec $2.36 $70,800 2-Jan $2.37 $71,100 $0.01 $300 0.42% 26
ZAGG Long stock 12500 18-Dec $7.54 $94,250 3-Jan $7.45 $93,125 -$0.09 -$1,125 -1.19% 16
SKUL Long stock 5000 4-Jan $6.84 $34,200 4-Jan $6.87 $34,350 $0.03 $150 0.44% 0
ACI Short stock 7,500 4-Jan $7.67 $57,525 3-Jan $7.22 $54,150 -$0.45 -$3,375 -5.87% 1
GEVO Long stock 20000 4-Jan $1.88 $37,600 7-Jan $2.34 $46,800 $0.46 $9,200 24.47% 3
ACI Short stock 15000 8-Jan $7.20 $108,000 4-Jan $7.56 $113,400 $0.36 $5,400 5.00% 4
KWK Long stock 20000 8-Jan $2.93 $58,600 9-Jan $2.95 $59,000 $0.02 $400 0.68% 1
NUGT Long stock 10000 9-Jan $9.70 $97,000 10-Jan $10.20 $102,000 $0.50 $5,000 5.15% 1
ZNGA Long stock 30000 11-Jan $2.50 $75,000 14-Jan $2.67 $80,100 $0.17 $5,100 6.80% 3
MWW Long stock 10000 10-Jan $5.98 $59,800 14-Jan $5.93 $59,300 -$0.05 -$500 -0.84% 4
NSU Long stock 10200 10-Jan $4.47 $45,594 15-Jan $4.54 $46,308 $0.07 $714 1.57% 5
MCP Long stock 5000 14-Jan $8.68 $43,400 15-Jan $8.70 $43,500 $0.02 $100 0.23% 1
GRPN Long stock 20000 15-Jan $5.13 $102,600 17-Jan $5.09 $101,800 -$0.04 -$800 -0.78% 2
ZNGA Long stock 30000 15-Jan $2.57 $77,100 17-Jan $2.47 $74,100 -$0.10 -$3,000 -3.89% 2
GPL Long stock 30000 22-Jan $1.59 $47,700 24-Jan $1.60 $48,000 $0.01 $300 0.63% 2
NUGT Long stock 10000 23-Jan $9.96 $99,600 24-Jan $8.82 $88,200 -$1.14 -$11,400 -11.45% 1
OCZ Long stock 20000 25-Jan $2.10 $42,000 25-Jan $2.28 $45,600 $0.18 $3,600 8.57% 0
PRCP Short stock 5000 28-Jan $7.83 $39,150 25-Jan $8.85 $44,250 $1.02 $5,100 13.03% 4
LEAP Long stock 10000 26-Jan $5.80 $58,000 26-Jan $5.79 $57,900 -$0.01 -$100 -0.17% 0
GEVO Long stock 20000 29-Jan $2.08 $41,600 30-Jan $2.42 $48,400 $0.34 $6,800 16.35% 1
ACI Long stock 10000 29-Jan $7.26 $72,600 30-Jan $7.40 $74,000 $0.14 $1,400 1.93% 1
NUGT Long stock 5000 1-Feb $7.90 $39,500 5-Feb $8.05 $40,250 $0.15 $750 1.90% 4
MCP Long stock 10000 5-Feb $7.41 $74,100 6-Feb $7.64 $76,400 $0.23 $2,300 3.10% 1
PRKR Long stock 10000 5-Feb $2.47 $24,700 6-Feb $2.60 $26,000 $0.13 $1,300 5.26% 1
KWK Long stock 20000 5-Feb $2.50 $50,000 7-Feb $2.57 $51,400 $0.07 $1,400 2.80% 2
DANG Long stock 10000 6-Feb $4.18 $41,800 7-Feb $4.13 $41,300 -$0.05 -$500 -1.20% 1
AUMN Long stock 20000 7-Feb $3.39 $67,800 7-Feb $3.48 $69,600 $0.09 $1,800 2.65% 0
ZNGA Long stock 20000 7-Feb $3.04 $60,800 8-Feb $3.22 $64,400 $0.18 $3,600 5.92% 1
GLUU Long stock 20000 7-Feb $2.14 $42,800 8-Feb $2.24 $44,800 $0.10 $2,000 4.67% 1
NUGT Long stock 10000 7-Feb $8.30 $83,000 12-Feb $7.51 $75,100 -$0.79 -$7,900 -9.52% 5
BIOF Long stock 15000 8-Feb $4.49 $67,350 12-Feb $4.88 $73,200 $0.39 $5,850 8.69% 4
OCZ Long stock 30000 13-Feb $2.22 $66,600 13-Feb $2.20 $66,000 -$0.02 -$600 -0.90% 0
HEK Long stock 10000 14-Feb $3.87 $38,700 14-Feb $3.89 $38,900 $0.02 $200 0.52% 0
ZNGA Long stock 20000 14-Feb $3.19 $63,800 15-Feb $3.26 $65,200 $0.07 $1,400 2.19% 1
MEET Long stock 40000 13-Feb $2.91 $116,400 19-Feb $3.02 $120,800 $0.11 $4,400 3.78% 6
MCP Long stock 10000 14-Feb $7.45 $74,500 19-Feb $7.25 $72,500 -$0.20 -$2,000 -2.68% 5
GEVO Long stock 20000 1-Feb $2.39 $47,800 19-Feb $2.51 $50,200 $0.12 $2,400 5.02% 18
RMBS Long stock 10000 19-Feb $5.65 $56,500 20-Feb $6.04 $60,400 $0.39 $3,900 6.90% 1
CEDC Long stock 10000 20-Feb $1.50 $15,000 22-Feb $1.42 $14,200 -$0.08 -$800 -5.33% 2
GLUU Long stock 20000 21-Feb $2.19 $43,800 22-Feb $2.34 $46,800 $0.15 $3,000 6.85% 1
NUGT Long stock 10000 22-Feb $5.77 $57,700 25-Feb $6.05 $60,500 $0.28 $2,800 4.85% 3
JVA Long stock 7000 20-Feb $7.30 $51,100 26-Feb $7.36 $51,520 $0.06 $420 0.82% 6
GRPN Long stock 20000 25-Feb $5.51 $110,200 26-Feb $5.56 $111,200 $0.05 $1,000 0.91% 1
MCP Long stock 10000 26-Feb $6.27 $62,700 26-Feb $6.27 $62,700 $0.00 $0 0.00% 0
DMD Long stock 7000 27-Feb $8.00 $56,000 1-Mar $8.00 $56,000 $0.00 $0 0.00% 2
PEIX Long stock 50000 28-Feb $0.36 $18,000 1-Mar $0.38 $19,000 $0.02 $1,000 5.56% 1
JOEZ Long stock 20000 1-Mar $1.44 $28,800 5-Mar $1.46 $29,200 $0.02 $400 1.39% 4
JE Long stock 7000 5-Mar $7.69 $53,830 6-Mar $7.71 $53,970 $0.02 $140 0.26% 1
NUGT Long stock 20000 5-Mar $4.93 $98,600 6-Mar $5.25 $105,000 $0.32 $6,400 6.49% 1
PEIX Long stock 50000 8-Mar $0.39 $19,500 8-Mar $0.40 $19,850 $0.01 $350 1.79% 0
GEVO Long stock 70000 22-Feb $1.97 $137,900 8-Mar $2.03 $142,100 $0.06 $4,200 3.05% 14
ZNGA Long stock 20000 7-Mar $3.53 $70,600 11-Mar $3.97 $79,400 $0.44 $8,800 12.46% 4
HOV Long stock 10000 11-Mar $6.00 $60,000 11-Mar $5.95 $59,500 -$0.05 -$500 -0.83% 0
ZAGG Long stock 7000 11-Mar $7.58 $53,060 13-Mar $7.62 $53,340 $0.04 $280 0.53% 2
VRNG Long stock 10000 13-Mar $3.00 $30,000 14-Mar $3.05 $30,450 $0.04 $450 1.50% 1
JVA Long stock 7000 15-Mar $7.42 $51,940 18-Mar $7.40 $51,800 -$0.02 -$140 -0.27% 3
HL Long stock 10000 15-Mar $4.16 $41,600 18-Mar $4.22 $42,200 $0.06 $600 1.44% 3
ZNGA Long stock 10000 13-Mar $3.65 $36,500 20-Mar $3.29 $32,900 -$0.36 -$3,600 -9.86% 7
GEVO Long stock 20000 8-Mar $1.97 $39,400 21-Mar $2.30 $46,000 $0.33 $6,600 16.75% 13
BYD Long stock 5000 18-Mar $7.23 $36,150 21-Mar $7.64 $38,200 $0.41 $2,050 5.67% 3
HDY Long stock 20000 22-Mar $0.65 $13,000 22-Mar $0.67 $13,300 $0.02 $300 2.31% 0
HEK Long stock 20000 21-Mar $4.15 $83,000 22-Mar $4.18 $83,600 $0.03 $600 0.72% 1
ZAGG Long stock 10000 22-Mar $7.62 $76,200 28-Mar $7.25 $72,500 -$0.37 -$3,700 -4.86% 6

 

[Andy]

Good luck; definitely not the way I invest.

I don't see commissions in your numbers.

 

[RedDogC130]

Ok subtract $14-16 from each trade which is most brokerage for a round trip. Spitting hair here is think.

 

[dollacrackho]

I'm surprised the moderators haven't yanked these sketchy threads. I'd rather speculate on gold mines than get involved in this shadiness.

 

[PCL_128]

Holy crap. That's more trades in three months than I'll do in five years. The commissions and capital gains alone are severely depressing any profits that you might be making.

 

[RedDogC130]

Holy crap. That's more trades in three months than I'll do in five years. The commissions and capital gains alone are severely depressing any profits that you might be making.

What are you talking about? $14 round trip in commission. In a retirement account you don't pay capital gains. So not sure what your point is.

 

[PCL_128]

What are you talking about? $14 round trip in commission. In a retirement account you don't pay capital gains. So not sure what your point is.

Holy crap, you're actually gambling like this with your tax-deferred retirement account?! Good luck, man. You're gonna need it.

 

[Andy]

Ok subtract $14-16 from each trade which is most brokerage for a round trip. Spitting hair here is think.

There are usually restrictions on that 'flat' fee. Most of the stocks you're trading are likely to get hit with a much higher commission structure.

There's a lot of headline risk in your strategy, especially considering that there are a lot of 'damaged' stock names you're trading - Skullcandy, Zynga, Groupon to name just three.
Plus you're also dabbling in at least one levered ETF - NUGT. Levered ETFs ALWAYS decay.
How often does Jason Bond recommend stocks that end with the letter 'Q'? I see that's one of his 'strategies'. http://www.jasonbondpicks.com/blog-posts/swinging-a-bankrupt-and-delisted-stock-can-be-profitable/

 

[RedDogC130]

None in his watch list. This isn't my first rodeo. This isn't for everyone. The lessons and his teaching are but trading in general isn't. There is risk in any strategy including buy-and-hope. It is what it is and if you are not a member you can't say it isn't. I am and can say what I see. These are not buy and hold stocks. These are in and out small gains... Hopefully...then into another opportunity. Rinse And repeat and hopefully compound winnings

 

[PCL_128]

"Buy and hope?" I don't know any value investor who "hopes." That's too much like the gambling that you espouse. Value investors look for bargain stocks trading for well below intrinsic value so that a margin of safety is built into the investment. Barring some incredibly bizarre unpredictable events, the investment will make money over time. No "hope" necessary. This strategy has produced 20+% compounding returns over decades for many investors. Show me an active trader with that kind of record.

I recommend reading "The Superinvestors of Graham-and-Doddsville," an article and speech by Warren Buffet from way back in 1984, just as relevant and true today as it was then. Here's a link: http://www4.gsb.columbia.edu/null?&exclusive=filemgr.download&file_id=522

 

[RedDogC130]

I suggest that your way isn't the only and quit preaching that there is no other way and other people are wrong. I know you like to have the last word so go for it.

 

[PCL_128]

I suggest that your way isn't the only and quit preaching that there is no other way and other people are wrong. I know you like to have the last word so go for it.

I will, thanks. I'm not saying that it's the only way to make money. I'm simply saying that it's proven to be the best way to make the most money. If you choose to accept reduced returns because it's more "fun" to trade frequently rather than sitting on a stock for ten years, then more power to you, but I'd rather have the highest returns.

 

[LeeRoyJenkins]

I can't believe I am saying this but I agree with PCL

 

[slaquer5]

I can't believe I am saying this but I agree with PCL

I know, I had to bite my tounge .

 

[Andy]

I can't believe I am saying this but I agree with PCL

Let me add that PCL absolutely knows what he's talking about on this subject. Benjamin Graham is a must read. Graham's dryer than day old toast in the desert but his writings are invaluable to the investor in individual stocks.

Successful investing takes a lot of work and you have to do research on your stocks on a regular basis. If you don't have the desire and patience to read 10Q/Ks cover to cover, especially the footnotes (that's usually where the dirty laundry's hidden), you're better off either having someone else manage your money or park it in an ETF. See note 4: http://www.naoi.org/newsletter/financialstatements.htm

Just NEVER, EVER hold a leveraged ETF for more than a day due to decay. Google 'leveraged ETF decay' and you'll find plenty of articles. The bottom line is that over the long term, ALL leveraged (both long and short) ETFs decrease in value.

I wish RedDog good luck, but this guy looks like another Timothy Sykes. Timothy Sykes claims to have made a lot of money; he even started a hedge fund, Cilantro Fund Partners, in 2003. He had to close Cilantro Fund in 2007 after blowing it up with spectacular losses - funny how one's performance deteriorates when the data's not manipulated. Good luck finding a lot of unbiased information on Timothy Sykes or anyone of his ilk; these guys pay money for positive press and get fake testimonials about them placed throughout the internet.

 

[PCL_128]

Graham's dryer than day old toast in the desert

True. But for someone just getting started, starting with "The Intelligent Investor" makes it a lot easier. It's far more geared to the individual investor, while "Security Analysis" is probably the most dry, mind-numbing thing that most people will read in their lives. But it will also make them fabulously wealthy if they put it to work.

Successful investing takes a lot of work and you have to do research on your stocks on a regular basis. If you don't have the desire and patience to read 10Q/Ks cover to cover, especially the footnotes (that's usually where the dirty laundry's hidden), you're better off either having someone else manage your money or park it in an ETF. See note 4: http://www.naoi.org/newsletter/financialstatements.htm

Agreed. For those not willing to put the work in, instead of Graham and Dodd, I would recommend Burton Malkiel's "A Random Walk Down Wall Street." While I think EMH is complete bunk, the conclusions he draws from it are good for the individual investor who doesn't want to spend hours reading over reports all the time. And while ETFs weren't around when he was writing his book, they're widely available now, and they make his conclusions even more relevant to the lazy investor who can just dump his money into a diversified ETF and let it ride for 40 years.

 

[nimtz]

Lenny Dykstra was once considered a stock picking guru. Good luck RedDog. Sucker born every minute.

 

[ualdriver]

I feel like such an "unsophisticated" investor because all I have done for the past 18 years is invest in a diversified portfolio of stock and bond index funds, which I re-balance every year on April 1st (yes, April Fool's Day). No newsletters. Maybe 10-15 basis points per year in expenses. Taxes minimized. Annual trading costs practically nonexistent, sometimes zero.

If there was a person on the planet that could read any company's SEC filings, press releases, transcripts, etc., and use that information to consistently and regularly buy and sell securities (or anything else), wouldn't that person eventually become infinitely wealthy? I mean, you can either consistently and regularly identify mispriced stocks (for example) or you can't.....right? How can a guy that is right 75%-80% of the time (post #40) not be richer than Carlos Helu?

Somebody save me? Tommy Vu?