Stocks Investing MONEY : Education?!! Pinkys : OTC

andre12031948 · 10-18-2013, 06:19 PM

A few months ago I posted this on the 350z forum. N.Y.S wants to get casinos just like all the other states around it.
Ten minutes from my house is a place that I was sure would get one of the four planned casinos. That is if the N.Y.S. voters voted on Nov. 5th for casinos. If this Nov. 5th they(NYS voters) vote yes for casinos, the state will pick only 4 locations from the whole state. After 7 years, 3 more closer to the city might be chosen.

I posted that it was a gamble not an investment & a yes casino vote was not certainty(about 50/50).

That stock was NYNY and it was $2 then. I did explain that I was more than 90% sure that I knew this location & stock might be chosen. Since knowing the location of one casino out of only 4 in the entire state was a big thing, I recommended it as a bet, NOT an investment. That's because we would still need a state wide yes vote for casinos & get the Governor/state pick my location.

Some took a chance & bought, others made fun

I still don't know the end game, but TODAY the stock closed @ $4.16. That's 100% profit in a few months for me & the ones that bought.

This Nov.5 is the vote. If it's a no, I will lose a bundle of money. Like serious money

If the vote is yes, the stock may go to $6. If after the yes vote, it later gets chosen as one of the 4 locations, I will be a very happy man because the stock can go to $8/$10 or even more.

So, anyone interested in gambling on this???? It's not as good of a time as it was when the stock was $2 but a Yes vote Nov. 5th might make a 50% profit, and of course a no vote will bring a big lose

I'm skipping talking more about the pick till N.Y.S. votes yes to casinos.

IT'S A GAMBLE ONLY!. Not for the weak of heart.....A yes & this location being picked = 100% to 300% profit. Big lose should also be considered.

Zbrah · 10-18-2013, 06:35 PM

Well good luck with that bro, I really hope it works out in your favor.

As for me, I'll be doing some gambling of my own on the week of Nov 5th, going to be at Sema in Vegas

andre12031948 · 10-18-2013, 06:42 PM

Quote:

Originally Posted by Zbrah

Well good luck with that bro, I really hope it works out in your favor.

As for me, I'll be doing some gambling of my own on the week of Nov 5th, going to be at Sema in Vegas

Thanks,
I've been watching, buying & hoping for ten years on this. I've got very serious money in it. So serious that I sleep with a 38 S&W special, in case I won't be able to handle the loss

tibal · 10-24-2013, 10:16 AM

Am I seeing an $FNMA $FMCC comeback!?!?!! I think so!!

NickTurnon · 10-24-2013, 10:17 AM

Quote:

Originally Posted by tibal

Am I seeing an $FNMA $FMCC comeback!?!?!! I think so!!

Hahah i know, its so weird. I got rid of most of my stocks too.. Think i have like 50 left of FMCC

Did you buy?

Chuck33079 · 10-24-2013, 10:23 AM

Quote:

Originally Posted by andre12031948

A few months ago I posted this on the 350z forum. N.Y.S wants to get casinos just like all the other states around it.
Ten minutes from my house is a place that I was sure would get one of the four planned casinos. That is if the N.Y.S. voters voted on Nov. 5th for casinos. If this Nov. 5th they(NYS voters) vote yes for casinos, the state will pick only 4 locations from the whole state. After 7 years, 3 more closer to the city might be chosen.

I posted that it was a gamble not an investment & a yes casino vote was not certainty(about 50/50).

That stock was NYNY and it was $2 then. I did explain that I was more than 90% sure that I knew this location & stock might be chosen. Since knowing the location of one casino out of only 4 in the entire state was a big thing, I recommended it as a bet, NOT an investment. That's because we would still need a state wide yes vote for casinos & get the Governor/state pick my location.

Some took a chance & bought, others made fun

I still don't know the end game, but TODAY the stock closed @ $4.16. That's 100% profit in a few months for me & the ones that bought.
This Nov.5 is the vote. If it's a no, I will lose a bundle of money. Like serious money If the vote is yes, the stock may go to $6. If after the yes vote, it later gets chosen as one of the 4 locations, I will be a very happy man because the stock can go to $8/$10 or even more.

So, anyone interested in gambling on this???? It's not as good of a time as it was when the stock was $2 but a Yes vote Nov. 5th might make a 50% profit, and of course a no vote will bring a big lose

I'm skipping talking more about the pick till N.Y.S. votes yes to casinos.

IT'S A GAMBLE ONLY!. Not for the weak of heart.....A yes & this location being picked = 100% to 300% profit. Big lose should also be considered.

If you've doubled your money, why not sell your original investment and leave the gains invested? That way you don't lose a dime if it blows up.

Quote:

Originally Posted by andre12031948

Thanks,
I've been watching, buying & hoping for ten years on this. I've got very serious money in it. So serious that I sleep with a 38 S&W special, in case I won't be able to handle the loss

God, I hope you're joking. If not, you really need to see someone or at the very least change your investment strategy.

tibal · 10-24-2013, 10:33 AM

Quote:

Originally Posted by NickTurnon

Hahah i know, its so weird. I got rid of most of my stocks too.. Think i have like 50 left of FMCC

Did you buy?

Haha well I had been doubling down over the past few months. Only holding a bag of 1K shares ranging from 3.00 to 1.30 level. Overall just breaking even now, and people are gauging a run back to the 4.50-5.00 territory as it did before the summer.

We shall see, not buying in any more. Stop option limit sell going on soon and going to take the gains, or break even and be happy

NickTurnon · 10-24-2013, 10:37 AM

Quote:

Originally Posted by tibal

Haha well I had been doubling down over the past few months. Only holding a bag of 1K shares ranging from 3.00 to 1.30 level. Overall just breaking even now, and people are gauging a run back to the 4.50-5.00 territory as it did before the summer.

We shall see, not buying in any more. Stop option limit sell going on soon and going to take the gains, or break even and be happy

Looks like you jynx'd the growth! $2.68 is the high today. Better then the $1.52 its been at for the past month or so.

Ill probably buy (1k) again if it dips below 2.

tibal · 10-24-2013, 10:53 AM

Quote:

Originally Posted by NickTurnon

Looks like you jynx'd the growth! $2.68 is the high today. Better then the $1.52 its been at for the past month or so.

Ill probably buy (1k) again if it dips below 2.

Haha!!

I so did!! Looks like its down again well below. That chart was a DIVE BOMB!! Will it go back.. endless possibilities!!

Chuck33079 · 10-24-2013, 10:57 AM

Quote:

Originally Posted by tibal

Haha!!

I so did!! Looks like its down again well below. That chart was a DIVE BOMB!! Will it go back.. endless possibilities!!

That's why those two scare the hell out of me. There's no value on the balance sheet, so there's no reason to hold the stock. It's strictly for trading, and those blow up. If you're going to bet like that, why not buy and sell calls on something with some actual value instead of going long on something like fannie/freddie?

NickTurnon · 10-24-2013, 11:06 AM

Quote:

Originally Posted by Chuck33079

That's why those two scare the hell out of me. There's no value on the balance sheet, so there's no reason to hold the stock. It's strictly for trading, and those blow up. If you're going to bet like that, why not buy and sell calls on something with some actual value instead of going long on something like fannie/freddie?

What are you suggesting chuck? The only reason I got into FNMA, & FMCC was because it was $.25 when I bought my first thousand shares.

Here is my current lineup:

Chuck33079 · 10-24-2013, 11:11 AM

Again, you'll never get an actual recommendation or specific advice out of me over the internet.

My generic advice would be:

If you're going to be long something, make it something you'd be ok with a long term hold on if the day trading strategy isn't working

OR

If you're committed to speculation, buy and sell call options around earnings releases instead of buying the stock and crossing your fingers. That way only the option premium is at stake.

Meulen · 10-24-2013, 11:16 AM

Quote:

Originally Posted by Chuck33079

Again, you'll never get an actual recommendation or specific advice out of me over the internet.

My generic advice would be:

If you're going to be long something, make it something you'd be ok with a long term hold on if the day trading strategy isn't working

OR

If you're committed to speculation, buy and sell call options around earnings releases instead of buying the stock and crossing your fingers. That way only the option premium is at stake.

I would only add to that buy call/put spreads around those eps releases. It's still protected and cheaper than buying calls/puts straight up.

Chuck33079 · 10-24-2013, 11:18 AM

Quote:

Originally Posted by Meulen

I would only add to that buy call/put spreads around those eps releases. It's still protected and cheaper than buying calls/puts straight up.

Truth.

NickTurnon · 10-24-2013, 11:19 AM

Quote:

Originally Posted by Meulen

I would only add to that buy call/put spreads around those eps releases. It's still protected and cheaper than buying calls/puts straight up.

Ya'll are both speaking some sort of gibberish..

Ill do some research and try and figure out what you are saying.

Thank you -

Just looking for long time growth and have a little fun with stocks that shoot up now and then that I can take advantage of

10-18-2013, 06:19 PM	#151 (permalink)
andre12031948 Banned Join Date: Feb 2011 Location: monticello new york 127 Posts: 1,095 Drives: 08 350z black 6m/t Rep Power: 0	This is NOT an investment but a gamble A few months ago I posted this on the 350z forum. N.Y.S wants to get casinos just like all the other states around it. Ten minutes from my house is a place that I was sure would get one of the four planned casinos. That is if the N.Y.S. voters voted on Nov. 5th for casinos. If this Nov. 5th they(NYS voters) vote yes for casinos, the state will pick only 4 locations from the whole state. After 7 years, 3 more closer to the city might be chosen. I posted that it was a gamble not an investment & a yes casino vote was not certainty(about 50/50). That stock was NYNY and it was $2 then. I did explain that I was more than 90% sure that I knew this location & stock might be chosen. Since knowing the location of one casino out of only 4 in the entire state was a big thing, I recommended it as a bet, NOT an investment. That's because we would still need a state wide yes vote for casinos & get the Governor/state pick my location. Some took a chance & bought, others made fun I still don't know the end game, but TODAY the stock closed @ $4.16. That's 100% profit in a few months for me & the ones that bought. This Nov.5 is the vote. If it's a no, I will lose a bundle of money. Like serious money If the vote is yes, the stock may go to $6. If after the yes vote, it later gets chosen as one of the 4 locations, I will be a very happy man because the stock can go to $8/$10 or even more. So, anyone interested in gambling on this???? It's not as good of a time as it was when the stock was $2 but a Yes vote Nov. 5th might make a 50% profit, and of course a no vote will bring a big lose I'm skipping talking more about the pick till N.Y.S. votes yes to casinos. IT'S A GAMBLE ONLY!. Not for the weak of heart.....A yes & this location being picked = 100% to 300% profit. Big lose should also be considered.

10-24-2013, 10:16 AM	#154 (permalink)
tibal Track Member Join Date: Dec 2008 Location: Safest Town In America Posts: 987 Drives: TT-370Z and 2.5RS Rep Power: 17	Am I seeing an $FNMA $FMCC comeback!?!?!! I think so!! __________________ 2010 - PG - M6 - 370zTT 453/409 6lbs IG @TRbal10 TEAM FLY1 MOTORSPORTS

10-24-2013, 11:11 AM	#162 (permalink)
Chuck33079 A True Z Fanatic Join Date: Nov 2011 Location: Houston Posts: 12,265 Drives: 2011 370ztt Rep Power: 29538	Again, you'll never get an actual recommendation or specific advice out of me over the internet. My generic advice would be: If you're going to be long something, make it something you'd be ok with a long term hold on if the day trading strategy isn't working OR If you're committed to speculation, buy and sell call options around earnings releases instead of buying the stock and crossing your fingers. That way only the option premium is at stake. Meulen likes this. __________________ 2011 MB Touring-Sport-6sp-Nav/GTM TT/FI TT TDX/JTran/Kosmic/Eibach/Hotchkis/SPC/CSF/RPS/SoThatsWhereAllMyMoneyWent

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10-18-2013, 06:35 PM	#152 (permalink)
Zbrah A True Z Fanatic Join Date: May 2013 Location: The370Z.com Posts: 4,956 Drives: 370Z Rep Power: 5452	Well good luck with that bro, I really hope it works out in your favor. As for me, I'll be doing some gambling of my own on the week of Nov 5th, going to be at Sema in Vegas