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Bobzilla
Bobzilla PowerDork
10/2/14 2:13 p.m.

22,500. I've got 6-digits in 3 stocks.

ProDarwin
ProDarwin UltraDork
10/2/14 2:17 p.m.
Bobzilla wrote: 22,500. I've got 6-digits in 3 stocks.

I have >1.5MM in one :)

Bobzilla
Bobzilla PowerDork
10/2/14 2:18 p.m.

What'd you do? Borrow against the mansion?

GameboyRMH
GameboyRMH GRM+ Memberand MegaDork
10/2/14 2:19 p.m.
ProDarwin wrote:
Bobzilla wrote: 22,500. I've got 6-digits in 3 stocks.
I have >1.5MM in one :)

If somebody looks at that company wrong you're going to eat dirt.

ProDarwin
ProDarwin UltraDork
10/2/14 2:19 p.m.
Bobzilla wrote: What'd you do? Borrow against the mansion?

Yeah, I leveraged around 700k yesterday. Hope it works out...

Bobzilla
Bobzilla PowerDork
10/2/14 2:20 p.m.

If not, I can rent you a room in my fake mansion.

CamaroKeith
CamaroKeith Reader
10/2/14 2:20 p.m.

I take it everyone is able to get back in?

I hate to say it but that's not the 1st time the site has gone down.

Nick_Comstock
Nick_Comstock PowerDork
10/2/14 2:23 p.m.

Can't register from my phone, I'll try again tonight.

ProDarwin
ProDarwin UltraDork
10/2/14 2:29 p.m.
GameboyRMH wrote:
ProDarwin wrote:
Bobzilla wrote: 22,500. I've got 6-digits in 3 stocks.
I have >1.5MM in one :)
If somebody looks at that company wrong you're going to eat dirt.

Its a total market ETF. As long as the US stock market doesn't crash, I'll be fine.

DILYSI Dave
DILYSI Dave MegaDork
10/2/14 2:31 p.m.

17000-ish

DILYSI Dave
DILYSI Dave MegaDork
10/2/14 2:49 p.m.

E36 M3! MArket imploding prior to close!

GameboyRMH
GameboyRMH GRM+ Memberand MegaDork
10/2/14 3:02 p.m.

I shall let this play out to its natural conclusion.

DILYSI Dave
DILYSI Dave MegaDork
10/2/14 3:07 p.m.

Still up, but to go from $20k up to $2k up feels like a loss.

Bobzilla
Bobzilla PowerDork
10/2/14 3:20 p.m.

I made gains. "Only" $10k in the hole over the $14k in the hole yesterday. lol

PHeller
PHeller PowerDork
10/2/14 3:26 p.m.

Went from -24k to -4k.

Lesson learned. Watched IPOs very closely. I fear I will take a loss on CYBR.

PHeller
PHeller PowerDork
10/2/14 3:26 p.m.

Oh and I got the top percent returns for the day at 1.44%

Bobzilla
Bobzilla PowerDork
10/2/14 3:34 p.m.

I'm riding this out long term not worrying as much about the daily gains and losses.

Swank Force One
Swank Force One MegaDork
10/2/14 5:06 p.m.

If I get another day like this you guys are going down. My gains are lowish only because of the sales I made.

SVreX
SVreX MegaDork
10/2/14 5:16 p.m.
Swank Force One wrote: If I get another day like this you guys are going down. My gains are lowish only because of the sales I made.

Spoken like a poker player.

Swank Force One
Swank Force One MegaDork
10/2/14 6:16 p.m.

I went all in from the start.

SVreX
SVreX MegaDork
10/2/14 7:07 p.m.
Swank Force One wrote: My gains are lowish only because of the sales I made.

What does that actually mean?

Your gains are "lowish" because your gains are lowish. Well, actually you don't have any gains at all (and neither do I). You have losses.

Did you sell a bunch of stuff at a loss, therefore your "gains" should be more? Why?

I'm not being critical, just trying to understand what you are saying.

Are you saying you went "all in" knowing you had a pair of two's?

Swank Force One
Swank Force One MegaDork
10/2/14 7:14 p.m.

I got hammered this morning and ended up dumping a bunch of stuff I didn't research properly. Ended up almost $40k I think (according to google portfolio) up for today, but at one point I was another $40k down. Swung pretty far the other way.

I did sell a bunch of stuff at a loss, but tracking what I did sell, I would have had another day total in the red if I hadn't done what I did.

Basically what i'm saying is that if I hadn't started with crap this morning, I would have been up close to $80k for the day, putting me in the green overall.

Doesnt mean I think i'm awesome, just that i'm more proud of what happened than my relatively low gains show.

I probably used wrong terms everywhere because I have no idea what i'm doing.

Nick_Comstock
Nick_Comstock PowerDork
10/2/14 7:27 p.m.

OK, I'm in. I have no idea what I'm doing or what any of this stuff means but I'm going to have to learn.

SVreX
SVreX MegaDork
10/2/14 7:30 p.m.

In reply to Swank Force One:

Gotcha.

SVreX
SVreX MegaDork
10/2/14 7:34 p.m.
nervousdog wrote: I bought a stock that was set to split 5:1. I will probably dump it quick since most of the growth can be attributed to the artificially low price that was created by the split.

Tell me a little more about this.

Did you buy before the split or after? Or doesn't it matter?

Are you saying the price was artificially driven down before the split, you bought, and are allowing it to adjust a bit before dumping?

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