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July 21st, 2008, 11:36 PM
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Executive Member
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Join Date: May 2007
Location: Midwest
Posts: 2,800
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Stocks
Anybody else on here trade stocks?
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July 22nd, 2008, 12:15 AM
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Executive Member
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Join Date: May 2006
Location: NYC
Posts: 5,250
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I'm more of a buy and holder,but I trade a small amount.
__________________
Only those who will risk going too far can possibly find out just how far one can go.
We cannot direct the wind, we can only adjust our sails.
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July 22nd, 2008, 01:33 AM
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Executive Member
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Join Date: Nov 2005
Posts: 17,199
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How much precious metals or mining stocks either of you guys got? zg
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July 22nd, 2008, 10:10 AM
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Executive Member
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Join Date: May 2007
Location: Midwest
Posts: 2,800
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Quote:
Originally Posted by zengrifter
How much precious metals or mining stocks either of you guys got? zg
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None. I almost never buy companies that aren't paying strong dividends, and gold stocks aren't paying high dividends. Dividends let you play with the house's money.
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July 22nd, 2008, 11:50 AM
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Executive Member
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Join Date: May 2006
Location: NYC
Posts: 5,250
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I've got a ton of Mexican junk silver,and about 150 American Eagles. A few Gold Double Eagles.I own stock in Odessey Marine Expeditions,a company that specialzes in finding sunken treasures. Other than that,I have some stock in companies that make mining equipment,but no mining companies themselves. I believe in the Levi Straus theoram.
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Only those who will risk going too far can possibly find out just how far one can go.
We cannot direct the wind, we can only adjust our sails.
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July 22nd, 2008, 11:56 AM
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Executive Member
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Join Date: May 2007
Location: Midwest
Posts: 2,800
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The Levi Strauss theorem?
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July 22nd, 2008, 12:07 PM
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Executive Member
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Join Date: May 2006
Location: NYC
Posts: 5,250
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Levi Strauss went to California during the gold rush. Instead of digging for gold,he decided to focus on supplying the miners with the goods they needed.Not everyone got rich digging for gold,but everyone digging for gold
needed supplies.
__________________
Only those who will risk going too far can possibly find out just how far one can go.
We cannot direct the wind, we can only adjust our sails.
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July 22nd, 2008, 01:24 PM
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Executive Member
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Join Date: Apr 2006
Posts: 4,750
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i'm a holder and a watchin em dropper. 
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best regards,
mr fr0g  MMOA honorary predator
STRENGTH - HONOR - HEART
that's my take on it your mileage may vary.
for senior citizen fuzzy count click link:
http://www.youtube.com/watch?v=DrTiP4ZIUfI
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July 22nd, 2008, 01:40 PM
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Executive Member
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Join Date: Apr 2008
Posts: 1,902
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I trade stocks, but mostly biotechnology and pharmaceutical startups.
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July 22nd, 2008, 01:43 PM
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Executive Member
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Join Date: May 2007
Location: Midwest
Posts: 2,800
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Quote:
Originally Posted by callipygian
I trade stocks, but mostly biotechnology and pharmaceutical startups.
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Yikes. I love small cap companies, but I don't like to go into the penny stock range. Although, if you do your homework, I guess you could make some big money. And, of course, I hate investing in companies that don't pay a dividend.
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