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  #1  
Old 07-27-2007, 12:53 PM
Fishhead24 Fishhead24 is offline
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Posts: 1,196
Default Re: $20,000 Cashiers Check, made out to me...what should I do with it?

[ QUOTE ]
After speaking with an aspiring young mutual fund manager, he said the only way to go is NTDOY.

But on a more serious note, I think that leveraging yourself and buying oil futures could be very profitable. I am loading up on energy stocks as I feel it could hit $100 this year. I have a Dad with his own independent oil & gas company, so it is something I am pretty familiar with, not just talking out of my ass.

[/ QUOTE ]

Hard to argue with you......especically when I totally agree with you. [img]/images/graemlins/cool.gif[/img]
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  #2  
Old 07-27-2007, 01:05 PM
maxtower maxtower is offline
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Default Re: $20,000 Cashiers Check, made out to me...what should I do with it?

What is your current profession? poker?
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  #3  
Old 07-27-2007, 01:43 PM
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  #4  
Old 07-27-2007, 05:49 PM
Ryno Ryno is offline
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Default Re: $20,000 Cashiers Check, made out to me...what should I do with it?

I'd just slide that wad over to my father, 'cause he is like one of the top brokers in the state.
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  #5  
Old 07-27-2007, 05:52 PM
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  #6  
Old 07-27-2007, 08:13 PM
gsaj18 gsaj18 is offline
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Default Re: $20,000 Cashiers Check, made out to me...what should I do with it?

Hey Blue, I have been day trading for 3 years (rather successfully) and was thinking about what opportunity would fit what you want to...

Baidu.com (BIDU) is peaking in value over surprisingly good quarterly results-it was bought up to 200+ because (and this im sure of) IGNORANCE AND GREED....Baidu is the most used search engine in China...IT WONT BE FOR LONG AND IS DESTINED FOR A HUGE DROPOUT

Google is infiltrating China...From knowing how they run their management, Google will stop at NOTHING to bring down baidu and take over the Chinese search engine scene. Currently they have "obtained"(stolen) many top employees of Baidu and certainly aren't done yet....This search engine powerhouse (Google) will inevitably bring down Baidu(within the next 1-3 years) and I forsee Baidu plunging drastically...

I would like to add that my views on this are not singular as Baidu is one of the most short selled stocks that I know as the top day traders are preparing for a drastic drop....


If you want more information (ex. risk/when to buy after u short sell Baidu let me know)
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  #7  
Old 11-07-2007, 07:46 PM
xxThe_Lebowskixx xxThe_Lebowskixx is offline
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Join Date: Aug 2006
Location: Indeed.
Posts: 3,784
Default Re: $20,000 Cashiers Check, made out to me...what should I do with it?

[ QUOTE ]
Hey Blue, I have been day trading for 3 years (rather successfully) and was thinking about what opportunity would fit what you want to...

Baidu.com (BIDU) is peaking in value over surprisingly good quarterly results-it was bought up to 200+ because (and this im sure of) IGNORANCE AND GREED....Baidu is the most used search engine in China...IT WONT BE FOR LONG AND IS DESTINED FOR A HUGE DROPOUT

Google is infiltrating China...From knowing how they run their management, Google will stop at NOTHING to bring down baidu and take over the Chinese search engine scene. Currently they have "obtained"(stolen) many top employees of Baidu and certainly aren't done yet....This search engine powerhouse (Google) will inevitably bring down Baidu(within the next 1-3 years) and I forsee Baidu plunging drastically...

I would like to add that my views on this are not singular as Baidu is one of the most short selled stocks that I know as the top day traders are preparing for a drastic drop....


If you want more information (ex. risk/when to buy after u short sell Baidu let me know)

[/ QUOTE ]
Damn it has doubled since you made this post. China's stocks be insane.
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  #8  
Old 11-07-2007, 10:14 PM
stephenNUTS stephenNUTS is offline
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Join Date: Oct 2006
Posts: 964
Default Re: $20,000 Cashiers Check, made out to me...what should I do with it?

[ QUOTE ]
Hey Blue, I have been day trading for 3 years (rather successfully) and was thinking about what opportunity would fit what you want to...

Baidu.com (BIDU) is peaking in value over surprisingly good quarterly results-it was bought up to 200+ because (and this im sure of) IGNORANCE AND GREED....Baidu is the most used search engine in China...IT WONT BE FOR LONG AND IS DESTINED FOR A HUGE DROPOUT

Google is infiltrating China...From knowing how they run their management, Google will stop at NOTHING to bring down baidu and take over the Chinese search engine scene. Currently they have "obtained"(stolen) many top employees of Baidu and certainly aren't done yet....This search engine powerhouse (Google) will inevitably bring down Baidu(within the next 1-3 years) and I forsee Baidu plunging drastically...

I would like to add that my views on this are not singular as Baidu is one of the most short selled stocks that I know as the top day traders are preparing for a drastic drop ....


If you want more information (ex. risk/when to buy after u short sell Baidu let me know)

[/ QUOTE ]

I was just perusing this thread and had to laugh at this post made a few months back

This stock(BIDU) "just started" to retreat as it it blew through $420 last week.If the WHOLE market wasnt getting ripped apart as well,it would probably be $500

Great tip...lol....as if he shorted BIDU,at $200 as you,and the great daytraders so bravely predicted with his $20k...he would be broke!

LOL
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  #9  
Old 11-07-2007, 10:58 PM
CrushinFelt CrushinFelt is offline
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Join Date: Aug 2006
Posts: 2,071
Default Re: $20,000 Cashiers Check, made out to me...what should I do with it?

Did blue decide on anything? Throw that [censored] in an exchange stock (CME/ICE/Euronext etc). gopgogogogogog
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  #10  
Old 07-28-2007, 03:06 AM
AvivaSimplex AvivaSimplex is offline
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Join Date: Jul 2005
Posts: 1,373
Default Re: $20,000 Cashiers Check, made out to me...what should I do with it?

Here's a stock that will definitely keep things exciting. It's got great fundamentals, and it regularly swings 5-10% in a day.

Mines have serious environmental consequences. One of those consequences is that water gets into areas that used to be under the bedrock, which it becomes acidified and dissolves metals. The metals then run off into nearby streams, making the water poisonous. All mines these days are required to treat this runoff water. The typical way it's done is, the mining company mixes an enormous amount of lime into the water as it runs out. This congeals the metals into a hydroxide sludge, which then has to be warehoused forever.

Bioteq is a company with a new and better way to deal with this water. It uses biologically produced sulfides to reduce the metals, turning them into pure, marketable form. The remaining runoff water is safe to drink.

They make their money by selling the recovered metals, and the payback on a plant is incredibly fast. With today's metal prices, they can recover their capital costs in less than a year. In other words, they make 100% profit by year 2, and the plant just keeps producing more metals. The mine companies want to work with them, because Bioteq eliminates the cost they would have to pay for standard treatments.

Bioteq is still fairly small, but growing fast. They have 4 operating plants, and 2 more scheduled to open late this year. More are under construction or scheduled for construction. Based on my back-of-the-envelope calculations, Bioteq should have a 2008 P/E of 25, which is incredibly cheap considering their profits should grow 50% annually for the next 3 years.

The stock is only traded on the Toronto exchange, under the symbol BQE.TO. It's fun (or scary) to watch. Today it opened at 3.69, dropped to 3.50 in the morning, and climbed back to 3.89 by the close. Your $20,000 would have lost $1000, then gained back another $2000.

This is +EV, risky, creative, and will give you daily entertainment.
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