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Posted on 7/22/13 at 12:54 pm to LSURussian
quote:
Correct. There have only been 130,000 shares of DSLV traded this morning. I'm trying to get out now. My sell order moved the market
Short term trading in low volume stocks is tough. The bid ask spread can really put a hurting on you.
Posted on 7/22/13 at 2:38 pm to LSU0358
You got that right.
I knew I was in trouble when I put in my original buy order for 1,000 shares and it only partially filled (800). That made the price move up so much I canceled the unfilled 200 shares. I put a sell order in for the 800 shares and the priced drop way below my sell price within 2 seconds.
Lesson learned: Stay away from DSLV.
I knew I was in trouble when I put in my original buy order for 1,000 shares and it only partially filled (800). That made the price move up so much I canceled the unfilled 200 shares. I put a sell order in for the 800 shares and the priced drop way below my sell price within 2 seconds.
Lesson learned: Stay away from DSLV.
Posted on 7/22/13 at 2:40 pm to LSURussian
quote:
Lesson learned: Stay away from DSLV.
Not all of us are ballers
Posted on 7/22/13 at 3:06 pm to LSURussian
Got out at $62.39 right before the close.
It was skipping like water droplets in a pot of hot oil for a while. I think it will have better exit points tomorrow but I prefer to sleep at night. I should have just watched you sweat it by yourself.
It was skipping like water droplets in a pot of hot oil for a while. I think it will have better exit points tomorrow but I prefer to sleep at night. I should have just watched you sweat it by yourself.
Posted on 7/22/13 at 3:23 pm to ynlvr
quote:So you saw how crazy its prices would swing.
. I should have just watched you sweat it by yourself.
There were times this morning when there were ZERO trades for five minutes or longer all the while the bid/ask kept moving wildly.
Now I know what it feels like to have a bitcoin order in....
Posted on 8/15/13 at 1:35 pm to LSURussian
Up over 5% today.
Posted on 8/15/13 at 1:41 pm to ell_13
quote:
Up over 5% today.
Hopefully it rides back up to the $32-35 range... I'm gonna unload a boatload of the physical I have.
Posted on 8/15/13 at 2:04 pm to Lsut81
Between how much it is used in electronics and its ability to be used as a hedge against inflation and market days like today, I like it much better than gold. It's only about 8-10% of my portfolio. I'm just happy that I got in more around the $18 range.
Posted on 8/15/13 at 4:06 pm to Lsut81
quote:
Hopefully it rides back up to the $32-35 range... I'm gonna unload a shoe box of the physical I have.
Posted on 8/16/13 at 12:34 am to Clyde Tipton
Silver closed @23.01.
Morgan Dollar @17.79.
Morgan Dollar @17.79.
Posted on 8/16/13 at 11:01 am to matthew25
quote:
Morgan Dollar @17.79.
Where do you get your information? Thanks.
Posted on 8/16/13 at 11:14 am to LSURussian
My guess is he took the silver content of the Morgan and multiplied it. 
Posted on 8/16/13 at 11:18 am to LSURussian
quote:
Where do you get your information? Thanks.
Real world, Morgan Silvers are going for low 30's on Ebay currently. Just a few dollars lower than when silver was at the $32 mark.
Posted on 8/16/13 at 11:26 am to OnTheBrink
quote:You're probably right. If so, his statement of Morgan's 'worth' is not correct. If had said 'the silver content of a Morgan dollar is equal to....." then I would agree with him.
My guess is he took the silver content of the Morgan and multiplied it.
Posted on 8/16/13 at 11:28 am to LSURussian
quote:
his statement of Morgan's 'worth' is not correct.
Yeah, I would be buying the shite out of them at $17.
My local coin guy has been selling them at $25 in decent to poor shape. I am thinking about going down there and offering cash for all of them at $20. Don't know if he would take it but I think I could turn some decent money from them.
Posted on 8/17/13 at 12:05 am to LSURussian
"Silver coin values below are based on live silver prices at the CME. These coins were in standard circulation until silver was removed from all coinage in 1965 and 1970 (40% silver half-dollars). The values below only reflect the silver value, not rarity or numismatic value. This table should only be used as a guide for buying and selling silver coins. These coins are sometimes called "junk silver", but I really dislike that term. All values shown in USD.
Coin value calculations use the 5:15 PM EDT silver price for August 16, 2013:
Silver $23.20/oz"
Coinflation Silver Coin Melt Values - source
Morgan today = $17.94
Coin value calculations use the 5:15 PM EDT silver price for August 16, 2013:
Silver $23.20/oz"
Coinflation Silver Coin Melt Values - source
Morgan today = $17.94
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