Stock Market Suggestions?? - Great Lakes 4x4. The largest offroad forum in the Midwest

Go Back   Great Lakes 4x4. The largest offroad forum in the Midwest > General 4x4 Stuff > The Pub
GL4x4 Live! GL4x4 Casino

The Pub A friendly forum where everybody is nice, and will answer any questions you have about life.

greatlakes4x4.com is the premier Great Lakes 4x4 Forum on the internet. Registered Users do not see the above ads.
Search
Reply
 
Thread Tools Search this Thread
Old July 29th, 2011, 10:28 AM   #1
RockyMtnMike
Senior Member
 
RockyMtnMike's Avatar
 
Join Date: 02-14-06
Location: Brownstown
Posts: 1,318
iTrader: (6)
Mentioned: 0 Post(s)
Default Stock Market Suggestions??

I know some of the members here do a little more than just dabble in the stock market and I'm looking to have a little fun. I recently realized that I had a little over $6k in a deferrerd 401K account from a former job. This account is with Merrill Lynch so I'm limited to purchasing stocks that they trade. if anyone has any suggestions on a hot stock let me know, seeing that I didn't know about this money I'm willing to take a couple of calculated risks in order to profit. If someone gives me a good tip that makes me some money I'm willing to give out a little cash as a reward!
RockyMtnMike is offline   Reply With Quote
Sponsored Links
Advertisement
 
Old July 29th, 2011, 10:58 AM   #2
Sandals
Fucking Zen as Shit
 
Sandals's Avatar
 
Join Date: 11-05-05
Location: Lindenhurst, IL
Posts: 15,320
iTrader: (7)
Mentioned: 1 Post(s)
Default

buy low, sell high
Sandals is offline   Reply With Quote
Old July 29th, 2011, 11:41 AM   #3
mudbillyredneck
Senior Member
 
mudbillyredneck's Avatar
 
Join Date: 01-17-08
Location: Lapeer, MI
Posts: 4,732
iTrader: (133)
Mentioned: 1 Post(s)
Default

Watch "MAD MONEY" on TV

mudbillyredneck is offline   Reply With Quote
Old July 29th, 2011, 11:44 AM   #4
Hombre
I carry a shank
 
Hombre's Avatar
 
Join Date: 03-15-06
Location: Michigan
Posts: 4,497
iTrader: (0)
Mentioned: 0 Post(s)
Default

Why would you be limited to stocks that Merril-Lynch trades? You can roll that 401 over to a Roth IRA or into another 401 plan regardless of who handles the account.

And, there are lots of other questions:
1) How old are you?
2) At what age would you hope to retire?
3) What else do you have in your investment portfolio? etc. etc.

If you're looking for somewhere to quickly turn your $6000 into a million, you might want to cash the 401 out and go to Vegas. Your odds would be slightly better.
Hombre is offline   Reply With Quote
Old July 29th, 2011, 11:54 AM   #5
clarkstoncracker
lol
 
clarkstoncracker's Avatar
 
Join Date: 11-03-05
Location: OC - MI
Posts: 42,449
iTrader: (40)
Mentioned: 96 Post(s)
Send a message via AIM to clarkstoncracker
Default

I'm mostly invested in mining stocks, especially that cater to the battery industry. I'm heavily invested in RIO and a handful of lithium mining stocks.

Of course you can lose your ass in anything, but I'm looking at 40% gains over the last 24 months.
__________________
clarkstoncracker is offline   Reply With Quote
Old July 29th, 2011, 12:31 PM   #6
Steve-in-Petoskey
Looking to ride
 
Steve-in-Petoskey's Avatar
 
Join Date: 03-28-07
Location: Petoskey area
Posts: 1,711
iTrader: (2)
Mentioned: 0 Post(s)
Send a message via Skype™ to Steve-in-Petoskey
Default

MOO is an etf that I have been riding lately, it holds CAT, MON and other agri. stocks.
SIRI is fun to mess with and lately EEE and CBP have been speculation picks
Steve-in-Petoskey is offline   Reply With Quote
Old July 29th, 2011, 12:35 PM   #7
Toivo
Feel lucky?
 
Toivo's Avatar
 
Join Date: 02-24-06
Location: Denver
Posts: 5,143
iTrader: (13)
Mentioned: 0 Post(s)
Default

I have a bunch of stock in Wisconsin/Edison Energy.

They have grown very well in the last 5 years
Toivo is online now   Reply With Quote
Old July 29th, 2011, 12:41 PM   #8
Mr.Green
I can levitate!
 
Mr.Green's Avatar
 
Join Date: 11-29-05
Location: Nort Keralina
Posts: 8,087
iTrader: (6)
Mentioned: 4 Post(s)
Default

Its all gambling. Go to vegas and have fun with it.
Mr.Green is offline   Reply With Quote
Old July 29th, 2011, 12:45 PM   #9
clarkstoncracker
lol
 
clarkstoncracker's Avatar
 
Join Date: 11-03-05
Location: OC - MI
Posts: 42,449
iTrader: (40)
Mentioned: 96 Post(s)
Send a message via AIM to clarkstoncracker
Default

Take a look at flagstar bank. I just got me some shares

FBC

Maybe they will go from $.70 a share back up to $150 a share like they were three years ago, but more then likely they will not be around in three years.
__________________
clarkstoncracker is offline   Reply With Quote
Old July 29th, 2011, 12:48 PM   #10
clarkstoncracker
lol
 
clarkstoncracker's Avatar
 
Join Date: 11-03-05
Location: OC - MI
Posts: 42,449
iTrader: (40)
Mentioned: 96 Post(s)
Send a message via AIM to clarkstoncracker
Default

Or DZZ if you like double shorting stocks that reset daily. It's fun as hell
__________________
clarkstoncracker is offline   Reply With Quote
Old July 29th, 2011, 12:51 PM   #11
Hunter9
Not Right!
 
Hunter9's Avatar
 
Join Date: 01-21-06
Location: 2 miles past BFE
Posts: 1,468
iTrader: (6)
Mentioned: 0 Post(s)
Default

Quote:
Originally Posted by clarkstoncracker View Post
Take a look at flagstar bank. I just got me some shares

FBC

Maybe they will go from $.70 a share back up to $150 a share like they were three years ago, but more then likely they will not be around in three years.
Considering they announced a sale of 27 branch locations to PNC, I would bet less than that.
Hunter9 is offline   Reply With Quote
Old July 29th, 2011, 12:51 PM   #12
steveo
In the band!
 
Join Date: 03-30-07
Location: montana/wyoming
Posts: 20,293
iTrader: (6)
Mentioned: 0 Post(s)
Default

Can I purchase Gl4x4 stock?
steveo is offline   Reply With Quote
Old July 29th, 2011, 12:53 PM   #13
curbdog17
.
 
curbdog17's Avatar
 
Join Date: 08-10-08
Location: 49415
Posts: 32,050
iTrader: (23)
Mentioned: 21 Post(s)
Default

Quote:
Originally Posted by steveo View Post
Can I purchase Gl4x4 stock?
I believe you can through the GL4x4 store.
curbdog17 is offline   Reply With Quote
Old July 29th, 2011, 12:54 PM   #14
Hunter9
Not Right!
 
Hunter9's Avatar
 
Join Date: 01-21-06
Location: 2 miles past BFE
Posts: 1,468
iTrader: (6)
Mentioned: 0 Post(s)
Default

Quote:
Originally Posted by steveo View Post
Can I purchase Gl4x4 stock?
Not worth the paper it is printed on!
Hunter9 is offline   Reply With Quote
Old July 29th, 2011, 12:56 PM   #15
clarkstoncracker
lol
 
clarkstoncracker's Avatar
 
Join Date: 11-03-05
Location: OC - MI
Posts: 42,449
iTrader: (40)
Mentioned: 96 Post(s)
Send a message via AIM to clarkstoncracker
Default

Quote:
Originally Posted by Hunter9 View Post
Considering they announced a sale of 27 branch locations to PNC, I would bet less than that.
Order Confirmation
Your order to buy 2775 shares of FLAGSTAR BANCORP INC (FBC) was placed on July 29, 2011 at 1:54:39 PM ET.
Account 0002565*** -


__________________
clarkstoncracker is offline   Reply With Quote
Old July 29th, 2011, 01:02 PM   #16
GearDrive
A little slow
 
GearDrive's Avatar
 
Join Date: 10-30-07
Location: Charlotte, Mi
Posts: 602
iTrader: (7)
Mentioned: 0 Post(s)
Default

Boeing(BA)
GearDrive is offline   Reply With Quote
Old July 29th, 2011, 01:07 PM   #17
steveo
In the band!
 
Join Date: 03-30-07
Location: montana/wyoming
Posts: 20,293
iTrader: (6)
Mentioned: 0 Post(s)
Default

Quote:
Originally Posted by clarkstoncracker View Post
I'm mostly invested in mining stocks, especially that cater to the battery industry. I'm heavily invested in RIO and a handful of lithium mining stocks.

Of course you can lose your ass in anything, but I'm looking at 40% gains over the last 24 months.
You ever look into coal or uranium mining stocks? You could problably get into coal cheap right now.
steveo is offline   Reply With Quote
Old July 29th, 2011, 01:18 PM   #18
archerchaos
I shoot bows & I'm a girl
 
archerchaos's Avatar
 
Join Date: 03-10-11
Location: birmingham, michigan and Boyne City michigan
Posts: 721
iTrader: (0)
Mentioned: 0 Post(s)
Default

I have been very happy with Telemus Capital. Always great advice.
archerchaos is offline   Reply With Quote
Old July 29th, 2011, 01:49 PM   #19
SHARPMACHINE
F-U-CANCER!!!
 
SHARPMACHINE's Avatar
 
Join Date: 09-29-06
Location: MONTAGUE MI (BY THE SAND BOX)
Posts: 4,475
iTrader: (25)
Mentioned: 0 Post(s)
Default

I invest in beer, when I'm done, I have the deposits.

I actually need to look into some of cc's ideas, they sound interesting.
__________________
Hay, look at me... I have a signature.....



RIP FULLSIZE4LIFE
SHARPMACHINE is offline   Reply With Quote
Old July 29th, 2011, 02:02 PM   #20
clarkstoncracker
lol
 
clarkstoncracker's Avatar
 
Join Date: 11-03-05
Location: OC - MI
Posts: 42,449
iTrader: (40)
Mentioned: 96 Post(s)
Send a message via AIM to clarkstoncracker
Default

Quote:
Originally Posted by Hunter9 View Post
Considering they announced a sale of 27 branch locations to PNC, I would bet less than that.
Banks like that aren't allowed to fail anymore. They either return to profitability or they get bought out. If they get bought out they will sell for way more then the current stock price.

Plus, many analysts have pegged the last quarter as being the bottom in failed loans which is what is slaughtering these bank stocks
__________________
clarkstoncracker is offline   Reply With Quote
Reply
Great Lakes 4x4. The largest offroad forum in the Midwest > General 4x4 Stuff > The Pub

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 02:01 AM.


Powered by: vBulletin, Copyright 2000 - 2012, Jelsoft Enterprises Ltd.
User Alert System provided by Advanced User Tagging (Lite) - vBulletin Mods & Addons Copyright © 2014 DragonByte Technologies Ltd. Runs best on HiVelocity Hosting.
Page generated in 0.25178 seconds with 80 queries