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Join in on this Discussion and see the pictures. Click here-> : Finally got around to buying some stocks


rodney87
07-22-2008, 01:59 PM
And when I did the lady in charge of my finacial account called me up and gave me a bunch of grief. Told me I needed to consult her before I do rash things like this because she's got access to all these experts etc. Kept asking me what compelled me to buy these stocks because of blah blah blah. I got 200 shares of BB&T and two days after it went up almost 5 dollars a share :bigthumb:

Right now its up 5.58 a share, so if I were to sell now (I'm not, I'm in this for the long run) I'll have made 1,000 bucks in a week.

fcdrifter13
07-22-2008, 02:16 PM
I want to start something with stocks, im just scared to because i have bad luck.

Zero
07-22-2008, 02:21 PM
Someone should school me on e-trading...

RyanFlemington
07-22-2008, 02:25 PM
I want to start something with stocks, im just scared to because i have bad luck.

nothing to do with luck, just have to follow the trends

vrooom305
07-22-2008, 02:33 PM
doesn't 401k count as buying stocks?

fcdrifter13
07-22-2008, 02:38 PM
nothing to do with luck, just have to follow the trends

Jason sold me a cursed car lol so if I bought stock in a very table company in 2 weeks they would go under. I am totally serious about the car though.

RyanFlemington
07-22-2008, 02:44 PM
haha ok, well, then don't buy research-in-motion, I'd prefer to remain profitable.

rodney87
07-22-2008, 02:46 PM
I'm pretty unlucky too, but it helps that the guy who told me about this stock spent 20 years on the NYSE as a specialist. He's got some of BB&T as well so he knows how they work. I've got the idea in my head that the economy will turn around one day so why not buy now when everything is in the dumpster and wait the 5-10 years for it to swing back up. This stock was trading for 30+ dollars a share a few months ago, then dipped to around 19 and looks like its turning around (hope hope)

$100T2
07-22-2008, 02:48 PM
I got 200 shares of BB&T and two days after it went up almost 5 dollars a share :bigthumb:

Yep, Big Butts & Tits is always a good investment.

rodney87
07-22-2008, 02:51 PM
Yep, Big Butts & Tits is always a good investment.

Hey, its been said a million times. Sex sells

Zero
07-22-2008, 02:58 PM
haha ok, well, then don't buy research-in-motion, I'd prefer to remain profitable.

Oh... I just spent (not mine, companies) quite a few g's with them...

I had to talk to one of them on the phone... fucking amazing, I e-mailed teh chick and told her I appreciated her not being a moron and speaking coherent English afterwards. I facebooked her canadian ass and she was a solid 9 all day too.

Canada still sucks.

RyanFlemington
07-22-2008, 03:12 PM
Canada rules, and you know it. Have you been anywhere here, before?

Zero
07-22-2008, 03:13 PM
Canada rules, and you know it. Have you been anywhere here, before?

Negative. I hate the cold.

RyanFlemington
07-22-2008, 03:14 PM
haha only the east coast is cold. West coast is awsome

Tofuball
07-23-2008, 07:47 AM
Jason sold me a cursed car lol so if I bought stock in a very table company in 2 weeks they would go under. I am totally serious about the car though.

Still going on about that? LOL :D

It's an awesome car tho. Maybe you "knocked the curse out of it."

If you don't want it anymore I'll take it back . . . ;)

fcdrifter13
07-23-2008, 02:30 PM
I hope i knocked it out, i did have to cut bits out of it so maybe it was in the bits i took out. I still say the plates devil 7 suit it well.

Tofuball
07-23-2008, 06:04 PM
Well, keep those bits on hand in case they are the cursed bits ;)

2ndGen.Rocket
07-24-2008, 04:48 PM
Everyone should be buying financials right now.

Hint hint, Wachovia which is dirt fucking cheap, and WaMu which is dirt fucking cheaper. They are going to go back up, and when they do they will go up hard. You have the opportunity to quintuple your investment with a stock like WaMu. These are the times when people get rich, when they have the balls to make a move.

2ndGen.Rocket
07-24-2008, 04:50 PM
http://online.wsj.com/quotes/main.html?type=djn&symbol=wm

Trading under $4 a share, with a 52 week high of $42 a share. Buy that shit.

Turbo II Rotor
07-24-2008, 05:06 PM
So what is a good site to buy stocks, I have about 5 grand to spend.

1revnrex
07-24-2008, 05:23 PM
So what is a good site to buy stocks, I have about 5 grand to spend.

I use Scottrade: http://www.scottrade.com/


500 Bucks to open an account plus for the money its got some decent features.

2ndGen.Rocket
08-06-2008, 03:02 PM
Remember when I said to throw money at WaMu? They are trading just shy of $6. Hope you bought some, cause I know I've damn near doubled my money.

rodney87
08-06-2008, 11:55 PM
Isnt WAMU on the verge of bankrupcy? A few days after you mentioned them I heard something on the radio about them being up shit creek.

2ndGen.Rocket
08-07-2008, 06:50 AM
A lot of banks are up shit creek right now. The key is finding who has the least amount of exposure to mortgages. WaMu doesn't have much. I don't think they are going to go under, and if they do it doesn't really matter. I made my money, and I got out. I did the same thing when Bear Stearns tanked. Bought a few hundred shares when they were trading at 3$, then they shot up to $10 in a couple of days. You just have to keep focus on the company's strong points.

The Bear deal was an easy one to spot, because after they said they were going to go bankrupt, it was obvious that all of the current stockholders were going to buy as many shares as possible so that they could gain voting rights. By doing this, they could effectively block a vote that sold the company to JP Morgain for $5 a share, which would cause all the shareholders to completely lose their asses. It didn't work, but that doesn't matter, because it still happened and drove the price up.

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