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Is everyone crazy?

41 messages,  Last post on Mar 03, 2008 at 5:06 PM

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#13 of 41
Re: Is everyone crazy? [gear7] by xed
Feb 28, 2008 (1:37 pm)
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Replying to: gear7 (Feb 28, 2008 1:30 pm)

Oh, I'd say there's a real connection between actual business profits and stock performance in the real stock market. Now that connection varies and is sometimes discarded for "building castles in the air", as in the late 90's/early 00's bubble. But investors still study the crap out of earnings reports, business decisions, etc., because these things affect the prices and performance of stocks.
#14 of 41
Re: Is everyone crazy? [xed] by gear7
Feb 28, 2008 (1:43 pm)
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Replying to: xed (Feb 28, 2008 1:37 pm)

Yes profits can and often does effect stock prices due to speculation based on the earnings information... but that's not what I meant by "direct connection". My point was that money isn't somehow dumped into the stock price directly by the company... and sometimes companies report great earnings and the stock takes a dump... it's all based on speculation of that stocks future and supply and demand.
#15 of 41
Re: Is everyone crazy? [gear7] by xed
Feb 28, 2008 (1:43 pm)
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Replying to: gear7 (Feb 28, 2008 1:43 pm)

Ah, I gotcha. Yeah, agreed.
#16 of 41
Re: Is everyone crazy? [xed] by driver365
Feb 28, 2008 (2:05 pm)
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Replying to: xed (Feb 28, 2008 1:43 pm)

you guys are killing my portfolio right now
#17 of 41
Crazy? by krcossin
Feb 28, 2008 (3:03 pm)
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Adictive game, I just spent a half hour trading/ buying at first, then understanding the short thing, now I'm all short sales, crazy values.
Fun way to waste some time.
#18 of 41
Re: Crazy? [krcossin] by gear7
Feb 28, 2008 (3:19 pm)
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Replying to: krcossin (Feb 28, 2008 3:03 pm)

Yeah Ive been day trading the peaks and valleys since I found the game earlier today. I gotta pee something fierce, but Im afraid Ill miss a deal.
#19 of 41
Re: Crazy? [krcossin] by tifighter
Feb 28, 2008 (3:55 pm)
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Replying to: krcossin (Feb 28, 2008 3:03 pm)

Its hard though; I thought I bought the Sequoia short at $87 or so, but when I looked at my portfolio, it showed I bought short at $78. Then 30 seconds later, it was $87 on the market again and I was upside down. That one hurt, and I still don't know what happened...
#20 of 41
beat the system by silverlake93
Feb 28, 2008 (4:04 pm)
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Everyone should buy stock in the subaru WRX. So the price sky rockets just like to corrolla did. Then tomorrow sell everything and we can make a lot of money!! Who's with me, lets do it!
#21 of 41
Re: beat the system [silverlake93] by louiswei
Feb 28, 2008 (4:26 pm)
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Replying to: silverlake93 (Feb 28, 2008 4:04 pm)

Becareful, people might just do the exact opposite to screw you over...
 
 
#22 of 41
Re: Is everyone crazy? [xed] by flfny
Feb 28, 2008 (7:18 pm)
Reply

Replying to: xed (Feb 28, 2008 12:24 pm)

"I am trying to do my part in bringing these prices back down to reasonable levels"
 
Thanks a lot! geez
 
I'm already down 30Gs since I started this afternoon. damit!

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