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Just shorted Boeing at $133.06

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    VanHalenVanHalen Posts: 3,841 ✭✭✭✭✭


    << <i>Thank you guys for answering my question earlier about "shorting a stock" .
    I have much studying to do with regards to the stock market and investing.

    In addition and with regards to a question asked earlier, here is an update through my message box in EBAY, received today:



    "Hey Twosides. A couple of the posters on the precious metals forum are looking for me. On Tuesday I tried to log in after a long weekend off and apparently got banned. All is well and if you could pass the message to a member or two on the PM forum it would be appreciated."

    ~MGlicker~ >>



    Hope to see you again sometime MGlicker! Don't sweat shorting Boeing either, I've learned more from my mistakes. image
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    BaleyBaley Posts: 22,659 ✭✭✭✭✭
    $157 now.. a new high on positive comments

    Liberty: Parent of Science & Industry

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    VanHalenVanHalen Posts: 3,841 ✭✭✭✭✭


    << <i>$157 now.. a new high on positive comments >>



    Up 20% in the last 30 days. image
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    bidaskbidask Posts: 13,955 ✭✭✭✭✭
    Article in Barron's this weekend with target price 196-200.
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




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    mariner67mariner67 Posts: 2,746 ✭✭✭


    << <i>Article in Barron's this weekend with target price 196-200. >>



    Wow, what a bad call to short this!
    Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
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    grote15grote15 Posts: 29,592 ✭✭✭✭✭
    Exhibit A as to why those who believe they know better often don't.


    Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
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    OPAOPA Posts: 17,109 ✭✭✭✭✭
    I've got to give credit to MGL. He held true to form...wrong in all of his hype and non PM related imminent world wide doomsday threads. still batting 100%. image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    OperationButterOperationButter Posts: 1,672 ✭✭✭
    Give credit where it is due. He had the balls to post what he was doing BEFORE he claimed to have done it. Regardless right or wrong.
    Gold is for savings. Fiat is for transactions.



    BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
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    bidaskbidask Posts: 13,955 ✭✭✭✭✭


    << <i>Give credit where it is due. He had the balls to post what he was doing BEFORE he claimed to have done it. Regardless right or wrong. >>


    That is no reason to give him credit.
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




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    rawteam1rawteam1 Posts: 2,472 ✭✭✭


    << <i>Give credit where it is due. He had the balls to post what he was doing BEFORE he claimed to have done it. Regardless right or wrong. >>


    lol, where has america gone?...
    keceph `anah
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    OperationButterOperationButter Posts: 1,672 ✭✭✭


    << <i>

    << <i>Give credit where it is due. He had the balls to post what he was doing BEFORE he claimed to have done it. Regardless right or wrong. >>


    That is no reason to give him credit. >>



    Judging from how it has been going on the forum, most post AFTER that they "made" a good sale, successful trade etc, not BEFORE. As it turns out his trade was not a good one, but the credit that i was referring to was the fact that he hasnt come in here after all the bashing and make excuses for the trade etc. That isnt the norm for some people that frequent this forum. So many quick to jump on a bad deal, yet most forget or dont even respond to the good trades/sales.
    Gold is for savings. Fiat is for transactions.



    BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
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    OPAOPA Posts: 17,109 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Give credit where it is due. He had the balls to post what he was doing BEFORE he claimed to have done it. Regardless right or wrong. >>


    That is no reason to give him credit. >>



    Judging from how it has been going on the forum, most post AFTER that they "made" a good sale, successful trade etc, not BEFORE. As it turns out his trade was not a good one, but the credit that i was referring to was the fact that he hasnt come in here after all the bashing and make excuses for the trade etc. That isnt the norm for some people that frequent this forum. So many quick to jump on a bad deal, yet most forget or dont even respond to the good trades/sales. >>



    He needs an alt to be able to come back.image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    bidaskbidask Posts: 13,955 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Give credit where it is due. He had the balls to post what he was doing BEFORE he claimed to have done it. Regardless right or wrong. >>


    That is no reason to give him credit. >>



    Judging from how it has been going on the forum, most post AFTER that they "made" a good sale, successful trade etc, not BEFORE. As it turns out his trade was not a good one, but the credit that i was referring to was the fact that he hasnt come in here after all the bashing and make excuses for the trade etc. That isnt the norm for some people that frequent this forum. So many quick to jump on a bad deal, yet most forget or dont even respond to the good trades/sales. >>

    I do appreciate what your saying, but I wonder what his motives were to make a post like that anyway. MGLICKER threw out so much investment advice and econmic opinions so often on these boards and was so wrong in his assessments that to post a trade like shorting BA I thought was like the other hogwash he spewed and akin to bragging. Just my sense.
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




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    OperationButterOperationButter Posts: 1,672 ✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>Give credit where it is due. He had the balls to post what he was doing BEFORE he claimed to have done it. Regardless right or wrong. >>


    That is no reason to give him credit. >>



    Judging from how it has been going on the forum, most post AFTER that they "made" a good sale, successful trade etc, not BEFORE. As it turns out his trade was not a good one, but the credit that i was referring to was the fact that he hasnt come in here after all the bashing and make excuses for the trade etc. That isnt the norm for some people that frequent this forum. So many quick to jump on a bad deal, yet most forget or dont even respond to the good trades/sales. >>

    I do appreciate what your saying, but I wonder what his motives were to make a post like that anyway. MGLICKER through out so much investment advice and econmic opinions so often on these boards and was so wrong in his assessments that to post a trade like shorting BA I thought was like the other hogwash he spewed and akin to bragging. Just my sense. >>



    No clue on motives, just looking at what was presented.

    He isnt the only one that spews tons of investment advice on here, right or wrong. Just sayin...
    Gold is for savings. Fiat is for transactions.



    BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
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    OperationButterOperationButter Posts: 1,672 ✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>Give credit where it is due. He had the balls to post what he was doing BEFORE he claimed to have done it. Regardless right or wrong. >>


    That is no reason to give him credit. >>



    Judging from how it has been going on the forum, most post AFTER that they "made" a good sale, successful trade etc, not BEFORE. As it turns out his trade was not a good one, but the credit that i was referring to was the fact that he hasnt come in here after all the bashing and make excuses for the trade etc. That isnt the norm for some people that frequent this forum. So many quick to jump on a bad deal, yet most forget or dont even respond to the good trades/sales. >>



    He needs an alt to be able to come back.image >>



    Hmm maybe thats why hes been quiet and my logic is flawed image
    Gold is for savings. Fiat is for transactions.



    BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
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    jmski52jmski52 Posts: 22,532 ✭✭✭✭✭
    Obviously his timing was off in this imaginary market.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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    bidaskbidask Posts: 13,955 ✭✭✭✭✭
    Goldman Sachs came out a few days ago with a SELL opinion and 132 target, fwiw.
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




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    fishcookerfishcooker Posts: 3,446 ✭✭
    If I'd seen this sooner, I could have helped him out and bought a few shares.
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    streeterstreeter Posts: 4,312 ✭✭✭✭✭
    Advice on this forum is worth what it costs.
    Have a nice day
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    rawteam1rawteam1 Posts: 2,472 ✭✭✭


    << <i>Goldman Sachs came out a few days ago with a SELL opinion and 132 target, fwiw. >>


    That cause they are buying it...
    keceph `anah
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    PerryHallPerryHall Posts: 45,676 ✭✭✭✭✭
    TTT

    Worry is the interest you pay on a debt you may not owe.

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    mariner67mariner67 Posts: 2,746 ✭✭✭
    Still a bad call...Boeing is still above the short entry price even after another 3.5% drop today!
    Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
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    OPAOPA Posts: 17,109 ✭✭✭✭✭
    Not anymore. ( $131.62)

    Same would have been applicable to most DOW stocks. The long overdue correction has finally arrived. My guess, we have another 5%-10% to go.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    BaleyBaley Posts: 22,659 ✭✭✭✭✭
    The long overdue correction has finally arrived

    Thank goodness! These markets really needed to take a breather from their intermediate-term trends, for the sake of their long term health.

    Liberty: Parent of Science & Industry

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    JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    The OP would have had to pay the dividend out as well so his cost basis is higher then $133.06.

    mark
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
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    BaleyBaley Posts: 22,659 ✭✭✭✭✭
    cover!

    Liberty: Parent of Science & Industry

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    renman95renman95 Posts: 7,037 ✭✭✭✭✭
    127.10
    Good call
    image
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    guitarwesguitarwes Posts: 9,242 ✭✭✭
    Who da dummy now??? image

    image
    @ Elite CNC Routing & Woodworks on Facebook. Check out my work.
    Too many positive BST transactions with too many members to list.
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    roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Plunge Protection Team to the rescue.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
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    BAJJERFANBAJJERFAN Posts: 31,017 ✭✭✭✭✭


    << <i>Who da dummy now??? image

    image >>



    That was over 7 months ago. Will a broker carry somebody that long [NPI]?
    theknowitalltroll;
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    bluelobsterbluelobster Posts: 1,220 ✭✭✭
    As long as you pay the divs out and pay margin interest along with any cash call, theoretically you could keep the short as long as you like.

    The reality is, almost no one will keep a losing short for long in these conditions.
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    mariner67mariner67 Posts: 2,746 ✭✭✭


    << <i>As long as you pay the divs out and pay margin interest along with any cash call, theoretically you could keep the short as long as you like.

    The reality is, almost no one will keep a losing short for long in these conditions. >>



    +1 no one does that!
    Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
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