- My Forums
- Tiger Rant
- LSU Score Board
- LSU Recruiting
- SEC Rant
- SEC Score Board
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Stocks. Any OTers looking at anything promising?
Posted on 8/22/13 at 8:14 am to LSUTOM07
Posted on 8/22/13 at 8:14 am to LSUTOM07
quote:
I have never understood this. How does the price of a stock affect the way you see your purchase? If the stock looks cheap and your returns are based on percentages, why does it matter if you own 10 shares at $200 a share or 200 shares at $10 a share?
The only reasonable explanation would be that he wanted to buy in lots of 100 so he could write covered calls, but I imagine someone asking random strangers on the Internet for stock tips would only be doing it due to a false sense of wealth associated with owning 1000 shares of a penny stock.
Posted on 8/22/13 at 10:37 am to Chris Farley
quote:
The only reasonable explanation would be that he wanted to buy in lots of 100 so he could write covered calls, but I imagine someone asking random strangers on the Internet for stock tips would only be doing it due to a false sense of wealth associated with owning 1000 shares of a penny stock.
First of all dip shite I am not asking for stock tips. This thread is nothing more than a casual conversation about speculative stocks.
Anyways, I say BRK B is expensive and is not favorable for me in terms of volatility as I only play with around 5k. If I were to buy BRK B at 114 I wouldn't be able to afford fifty shares and it is likely it will stay below the 120 mark for the foreseeable future.
However with a cheap stock, KOG for instance, I bought at 7.50 and was able to buy hundreds of shares so when it rebounded to 9.50 I was able to clear over 1200 off of my small 5k gamble.
I don't trade much cash so I look for cheap and volatile. Not expensive and static. Hope this cleared things up.
Popular
Back to top
Follow TigerDroppings for LSU Football News