Stock Recommends

[jetbluedog]

Got an stock recommends for my Personal IRA???.....since my employer doesn't have a 401K plan. I have mutual funds, just looking for individual stocks now.

Today, I put $10K in CSCA.OB

THIS BABY IS GOING TO GROW!!
(If you are looking for a lot of "bang" for your buck)

 

[satpak77]

Not a good idea to be trading penny stocks in your IRA

 

[Gulfstream 200]

Asking for stock advice from pilots??? whew.....you are brave.

anyways...

C - for the Long haul
LU - for a "what the F" maybe I will triple my $$...I liked it at 1.21

keep in mind - stocks are expensive right now, 12 months ago was the time to throw your cash in!


do yourself a favor - keep your IRA full of long term investments. not day trading garbage. You want to be able to maximize the tax losses that YOU WILL encounter day trading.

 

[JB74]

Pink sheets are very hard to trade in large amounts, because you can't always get filled at one price. Too risky and you could get burned and have your order filled (sporadically) as a stock is falling as you are trying to desperately get out of it. I have seen pink sheets that take as long as a week to trade.

If you really want to play with your money, trade options. Check out XM radio (XMSR) july puts (QSYSC.X) $15 strike. You could do well in the short term. Research it and you will see.

For long term, I am in (and have been for a while) PNM and MO. Decent (and relatively safe) income stocks.

Good Luck

 

[buttercup]

Mutual funds are a waste. Take the money that youd put into mutual funds and by Berkshire hathaway.. That stock is basically a mutual fund in and of itself. If you want a definite 12 to 18 bagger over the next year DLGI and IPVO are the way to go

 

[Mr. Irrelevant]

I'll give you a piece of advice that will go a long way.

Buy and sell what you know!!!

Unless you're an expert on the industry the company is in that you are buying or the company itself, you're essentially taking tremendous amounts of risk. Without going into details, the second you purchase those stocks the risk/reward ratio of that portfolio of yours changes.

I don't want to rain on anyone's parade because talking stocks and investing is fun, but look at it this way, passengers aren't allowed to fly the airplane, why would pilots (or anyone else for that matter) be able to efficiently manage a portfolio????


Mr. I.

 

[Illini Pilot]

if you want some thing very long term and QUITE diversified/low risk, check out a SPDR. It stands for Standard and Poor Depository Receipt. It is pretty much a index fund for the S&P 500. It is traded like a stock so you get the flexibility of stocks combined with the diversification(which means lower risk) of a index fund. SPDRs are traded on the AMEX.

check it out here:

http://www.amex.com/spy/

 

[Schrode]

SLPH - buy low sell high. Watch this one the next two weeks!

 

[Timebuilder]

I like the recent advice I got about indexes, like the SPDR or Wilshire 5000 index.

You have little exposure to individual downsides for any stock or sector, and historically, the market rises consistently over the long term. Ideal for an IRA or 401K.


Oops. I just went right to reply, and failed to see that Illini mentiond SPDR's.

It's one good choice among many.

 

[TonyC]

What's the joke about pilots investing in the market??


How does a pilot wind up with a million dollars in the stock market?




Start with 2 million.








or....









Pilot wins a million dollars on game show, host asks "What are you going to do with all that money?"

He answers, "I'm going to invest it until it's all gone!"

 

[bart]

Nothing wrong with swinging for the stands...

I would recommend that you make bets like that with relatively small amounts. Indexes are great for those that cant spend some serious time researching.

Mutual funds are how the flock gets sheared. There are very few out there that don't charge serious management fees, cause you serious tax problems (except in an IRA) and generally pay suits that learned in school they can't outperform the market to try to outperform the market. (Read up on Efficient Market Theory here: Eff. Mkt. Theory )

If you track your performance on great stock tips over time, they probably average about 12 to 16% return over time. Which is about what the market returns with the indexes...

 

[satpak77]

TASR

for those of us smart enough (I was not one of them) to realize that TASR guns might be in demand in light of the "current environment", TASR broke out of a flat base pattern at the $2 mark and later hit $100 in about a year.

So, $20,000 in your Ameritrade account would have grown to 1 million dollars in one year.

Also this past 12 months, XMSR satellite radio, ticker symbol XMSR, went from sub $5 mark to $30.

its good to be in a bull again

 

[EagleRJ]

FAR 91.167 (a)

No person shall take or receive any investment advice from a person currently employed as a commercial pilot.

 

[satpak77]

FAR's

dude I agree absolutely