just lost 40k
 

on the big neteller fall...
http://www.advfn.com/p.php?pid=ukfinanci...reportbug_desc=

im thinking on buying more, with the little money i have left
its so cheap now i dont know how this cant be +ev
thoughts

Re: just lost 40k
 

i bought some of this way back in feb2004 for 609, and a little more a few months ago at 645

now its 369

Re: just lost 40k
 

smart traders ride their winners and cut their losses short

Re: just lost 40k
 

Where were your stops?

Re: just lost 40k
 

shoulda sold 630-650 on loss of support.

Re: just lost 40k
 

I'm quite tempted to buy now to be honest... 315. The problem is, I'd basically be gambling both my savings and my actual source of income (to some extent) on this bill being passed or not... I assume NETeller are falling due to this bill rather than other adverse news I've missed?

Re: just lost 40k
 

[ QUOTE ]
I assume NETeller are falling due to this bill rather than other adverse news I've missed?

[/ QUOTE ]
Oh, they have problems with bad debts too...

Re: just lost 40k
 

the problem with this stock is that even if they report good earnings quarter after quarter, everyone is still going to be waiting for them to fall off the cliff as long as this internet bill lasts.

Post deleted by Mat Sklansky
 

Re: just lost 40k
 

[ QUOTE ]
run

[/ QUOTE ]
sprint

Re: just lost 40k
 

Find something that is going up instead of down.

Re: just lost 40k
 

[ QUOTE ]
on the big neteller fall...
http://www.advfn.com/p.php?pid=ukfinanci...reportbug_desc=

im thinking on buying more, with the little money i have left
its so cheap now i dont know how this cant be +ev
thoughts

[/ QUOTE ]

A fine play from the Nick Leeson school of trading.

eastbay

Re: just lost 40k
 

[ QUOTE ]
[ QUOTE ]
on the big neteller fall...
http://www.advfn.com/p.php?pid=ukfinanci...reportbug_desc=

im thinking on buying more, with the little money i have left
its so cheap now i dont know how this cant be +ev
thoughts

[/ QUOTE ]

A fine play from the Nick Leeson school of trading.

eastbay

[/ QUOTE ]

great movie

Re: just lost 40k
 

[ QUOTE ]
[ QUOTE ]
on the big neteller fall...
http://www.advfn.com/p.php?pid=ukfinanci...reportbug_desc=

im thinking on buying more, with the little money i have left
its so cheap now i dont know how this cant be +ev
thoughts

[/ QUOTE ]

A fine play from the Nick Leeson school of trading.

eastbay

[/ QUOTE ]

rogue trader is one of my favorite movies! its up there with boiler room and rounders.

Re: just lost 40k
 

What's it worth? Do you have any idea on how the recent events will impact their business? Being down a lot doesn't make something cheap.

Re: just lost 40k
 

[ QUOTE ]
I'm quite tempted to buy now to be honest... 315. The problem is, I'd basically be gambling both my savings and my actual source of income (to some extent) on this bill being passed or not... I assume NETeller are falling due to this bill rather than other adverse news I've missed?

[/ QUOTE ]

What bill would this be? I have a decent chunk of change in my Neteller account and I'm trying to see if everything will be 'ok'.

Re: just lost 40k
 

you guys all believe the technical analisys bs?
didnt know there were so many followers

Re: just lost 40k
 

ta pays mah bills [img]/images/graemlins/smile.gif[/img]

Re: just lost 40k
 

If you mean TA for prediction, then yea, its bs.

But if you mean TA for quantitative analysis of +EV entry and exit points as well as a factor in money and risk management, then I suggest you consider your 40K a down payment on what will undoubtably be a very expensive education.

Of course you are obviously very wealthy, to be able to speculate and lose 40K and that not be more than 2.5-5% of your speculative equity, which is of course only 10% or so of your net worth, you can certainly afford to average down.

Re: just lost 40k
 

I manage the information technology and telecom sectors for the Nittany Lion Fund. Since the summer these sectors have lost a combined 100K! We've held such stellar picks as KLA-Tencor, Expedia, SanDisk, and Microsoft.

Re: just lost 40k
 

Losers average losers.

Re: just lost 40k
 

r3vbr,

Please sell this stock and put your money into an index fund. The investing strategies described in this and other posts by you will not beat the market.