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Official Let's Make Some Money Off Stocks Thread

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Old 06-16-2008, 04:17 PM
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Hey what do u guys think of Lehman Bros. It seems like they are beginning to have a turn around after the conferance they had around a week ago. Im going to keep watching.
Old 06-16-2008, 05:12 PM
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Originally Posted by wantone,Jun 16 2008, 02:20 PM
I'm in 1000 V @ $80 woot!
OMG Wantone first post in ages
Old 06-16-2008, 05:13 PM
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Originally Posted by Bliss@5200,Jun 16 2008, 04:17 PM
Hey what do u guys think of Lehman Bros. It seems like they are beginning to have a turn around after the conferance they had around a week ago. Im going to keep watching.
I wouldn't touch it with a ten foot pole. Who knows it might be the next bear stern.
Old 06-16-2008, 05:22 PM
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bookmarking

aapl needs to keep dropping, not rebounding
Old 06-16-2008, 06:51 PM
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[QUOTE=ExOdy,Jun 16 2008, 11:33 AM] Anybody into coal?
Old 06-16-2008, 08:27 PM
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Originally Posted by SD_S2K,Jun 16 2008, 05:22 PM
bookmarking

aapl needs to keep dropping, not rebounding
I agree with this one.
Old 06-16-2008, 08:29 PM
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I'm also thinking of shorting oil especially if it climbs near $150. The arabs are aware of oil prices affecting consumers and how auto makers are taking a step to make fuel-efficient cars. If the arabs don't do something about these oil prices then they will be adversely affected. In fact, they already acknowledged that the oil prices are way too high.

Either short USO or buy DUG.

What do you guys think?
Old 06-16-2008, 09:18 PM
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hopefully GLD is up tomorrow. I want to sell.
Old 06-16-2008, 09:49 PM
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Originally Posted by SD_S2K,Jun 16 2008, 05:22 PM
bookmarking

aapl needs to keep dropping, not rebounding
I don't agree with this one, since I own a ton of it . At least give it two more up days so I'll make some big profits and sell
Old 06-16-2008, 11:05 PM
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Originally Posted by Bliss@5200,Jun 16 2008, 04:17 PM
Hey what do u guys think of Lehman Bros. It seems like they are beginning to have a turn around after the conferance they had around a week ago. Im going to keep watching.
The risk vs reward-the element you should always include in your analysis-is poor IMO for this particular stock at this particular time. In the low 20's it was worth a trade if you don't mind losing 15-20% in 24 hours [or less].

On the other hand, if you have some faith in the financials, or similarly just believe they currently present a good value, C under 20$ and GS under 170$ are much better buys IMO. Last week I bought GS at 163 and still own it although if I had access to the internet I probably would have sold half my shares before the close. LEH is really the only firm that still has a possibility of a complete collapse overnight. The odds of this occuring are much less than just last week due to secured financing if they are being honest about this past quarter.


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