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Is there anything better than GOOG and AAPL over the next 12?

 
 
Reply Thu 22 Jul, 2010 02:44 pm
So in the last week I started speculating on the stock market for the first time, and am finding it to be a very interesting form of gambling that could almost be as rewarding to me as poker if I get into it.

Anyway, as a complete novice to the stock market I figured I'd try to pick some more brains. Right now I can't find any stocks that look like better investments than GOOG and AAPL. Anyone have a favorite to share?
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Type: Discussion • Score: 1 • Views: 2,844 • Replies: 8
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Robert Gentel
 
  1  
Reply Fri 23 Jul, 2010 02:45 pm
@Robert Gentel,
For what it's worth, I still haven't found anything more attractive.
Cycloptichorn
 
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Reply Fri 23 Jul, 2010 02:47 pm
@Robert Gentel,
Neither has anyone else apparently Laughing

It's up and down right now. I know guys who are doing extremely well with giant lots of penny stocks, and others who have interest in gold and platinum mines that are doing handsomely. I would look into Lithium as well....

Cycloptichorn
Robert Gentel
 
  1  
Reply Wed 28 Jul, 2010 08:38 pm
@Cycloptichorn,
I probably won't do much in way of day trading and penny stocks, I'll play around while I have free trades to learn but I'm mainly looking at positions to hold for 12-24 months.

Today I bought some BAC, with the intent to sell within the year. I also bought some Western Digital when it hit bottom.

Right now I am trying to experiment with conditional orders and stop limit orders with my gains to protect them. I want to sell Google and Apple if they fall but if they fall enough I want to buy them back (sell my shares to protect my gain, but get back in below a certain point).

So this week I'll start playing with some of those different orders that I haven't placed yet.
chai2
 
  1  
Reply Wed 28 Jul, 2010 08:57 pm
@Robert Gentel,
Watch CBEH

It's selling for half its value, it's financials are good, it's doing better than the industry.
On yahoo finance, analysts opinion are market outperform, and there's some good talk on the message boards (not that I put a lot of faith in those boards).

If it goes down in the next couple/few days, I think it's going to bounce up off of $7.50 to $8.00
The price today is just touching the moving average, so watch closely. If it goes up tomorrow, it'll keep going up. If it goes down, it'll bounce.

I wouldn't buy Google.
Apple looks better, but I'm not going to buy stock at $400 plus a share.
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CalamityJane
 
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Reply Wed 28 Jul, 2010 09:06 pm
Don't buy either GOOG or AAPL as they are both at their peak. I've bought
AAPL when it was in the low 100s and it becomes more rewarding now.
Then again, AAPL is a day trader "toy" and it can go up to 12 points on a single
day. If you have enough funds to buy large quantities, it will be lucrative, even
at this price.

BIDU (Baidu, Inc.) split a few month ago and has become an interesting stock, a bit high right now, but a few years ago it was at the same price and then skyrocketed until it split 10:1
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CalamityJane
 
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Reply Wed 28 Jul, 2010 09:17 pm
@Robert Gentel,
If you want to play around first, then go to http://simulator.investopedia.com/
You open an account, get virtually $ 100,000 to buy/sell stocks, option sale etc.
The simulator works on a 20 min delay from the Dow Jones, you also receive
dividends, interest payments and take splits, just like the real thing. For every
buy/sell, they deduct $ 20.00 commission. It's quite interesting and fun.

My investopedia portfolio does better than my real one, as I take far more risks
there.
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chai2
 
  1  
Reply Fri 30 Jul, 2010 06:55 am
Just now bought ALXN

let's see how that goes.

BTW cj, I'm grandfathered in on my brokerage account, which was recently bought out by a bigger, well known company. I remain at $5 a trade. damn cheap.
CalamityJane
 
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Reply Fri 30 Jul, 2010 08:54 am
@chai2,
wow Chai, 5 bucks is really cheap. I pay around $ 12 per trade in my real portfolio. The $ 20 is for that playsite "investopedia" and it's not your real money anyway, just to play and test some stocks.
0 Replies
 
 

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