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Old 03-24-2013, 02:26 PM   #1
DBS.US
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Stock traders

I made a killing in the last few months with,
American Airlines AMR Corp (OTCQB:AAMRQ)
http://money.cnn.com/quote/quote.html?symb=AAMRQ

Now I looking to try,
Eastman Kodak Co (OTCQB:EKDKQ) $0.319
http://money.cnn.com/quote/quote.html?symb=EKDKQ

Anyone watching Kodak?
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Old 03-24-2013, 02:30 PM   #2
CAHEK
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Risky Biz
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Old 03-24-2013, 02:48 PM   #3
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Old 03-24-2013, 02:59 PM   #4
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I like this
http://stockcharts.com/h-sc/ui?s=FNMA
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Old 03-24-2013, 03:02 PM   #5
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Nice
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Last edited by DBS.US; 03-24-2013 at 03:06 PM..
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Old 03-24-2013, 03:17 PM   #6
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I also like ZNGA, starting a slow bullish up trend...

http://stockcharts.com/h-sc/ui?s=ZNGA
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Old 03-24-2013, 03:18 PM   #7
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Quote:
Originally Posted by DBS.US View Post
I made a killing in the last few months with,
American Airlines AMR Corp (OTCQB:AAMRQ)
http://money.cnn.com/quote/quote.html?symb=AAMRQ

Now I looking to try,
Eastman Kodak Co (OTCQB:EKDKQ) $0.319
http://money.cnn.com/quote/quote.html?symb=EKDKQ

Anyone watching Kodak?
I have been watching Kodak and I am going to get in it for the long term. It could be a great day trading item if you can get the $25K into your stock account that will end up being required.

Check the five-year stats. Kodak will come back, whether it does so on its own or is bought out.

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Old 03-24-2013, 03:24 PM   #8
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Originally Posted by AdultPornMasta View Post
I have been watching Kodak and I am going to get in it for the long term. It could be a great day trading item if you can get the $25K into your stock account that will end up being required.

Check the five-year stats. Kodak will come back, whether it does so on its own or is bought out.

I found a way to partially get around the PDT rule... this one guy told me this and it seems to work

"Yes, you can sell a purchase you made with unsettled funds 24 hours after you make the purchase without violating the rule. Just be sure it is more than 24 hours (don't be 1 minute early in your sell). The original funds used to make the purchase will settle at least one day prior to your sale settling, thus no violation of "free-riding". This is frowned upon, but not against the rules. I do it all the time without any penalty.

Yes, you get two strikes/warnings before the restriction (or before having to deposit the additional funds).

Good luck and you're welcome! "

ALSO

Having accounts at different brokerages is another way to help get around it

PS: There is also an offshore broker with terrible service that doesn't make you follow PDT but I can't remember who exactly. Whoever it is, they're very good usually but sometimes hit you with big fees for no real reason.

Last edited by MrMaxwell; 03-24-2013 at 03:29 PM..
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Old 03-24-2013, 03:26 PM   #9
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I also like ZNGA, starting a slow bullish up trend...

http://stockcharts.com/h-sc/ui?s=ZNGA
Promoters have had it since 2/7 ... so be careful
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Old 03-24-2013, 03:44 PM   #10
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I'm watching WGAS to see what happens at the next court appearance on the 26th.. I definitely recommend that if anyone wants to gamble, buy up a bunch of cheap shares on the 25th just in case

I'm back in JALA (I was originally in at 16, got out an 09 when I found out the $2.2M promo was fake, back in now at just under 6)
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Old 03-24-2013, 03:46 PM   #11
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Quote:
Originally Posted by MrMaxwell View Post
I found a way to partially get around the PDT rule... this one guy told me this and it seems to work

"Yes, you can sell a purchase you made with unsettled funds 24 hours after you make the purchase without violating the rule. Just be sure it is more than 24 hours (don't be 1 minute early in your sell). The original funds used to make the purchase will settle at least one day prior to your sale settling, thus no violation of "free-riding". This is frowned upon, but not against the rules. I do it all the time without any penalty.

Yes, you get two strikes/warnings before the restriction (or before having to deposit the additional funds).

Good luck and you're welcome! "

ALSO

Having accounts at different brokerages is another way to help get around it

PS: There is also an offshore broker with terrible service that doesn't make you follow PDT but I can't remember who exactly. Whoever it is, they're very good usually but sometimes hit you with big fees for no real reason.
True all!

Just set yourself up a few corporations and go for it!

Thanks!

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Old 03-24-2013, 04:03 PM   #12
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Originally Posted by DBS.US View Post
I made a killing in the last few months with,
American Airlines AMR Corp (OTCQB:AAMRQ)
http://money.cnn.com/quote/quote.html?symb=AAMRQ

Now I looking to try,
Eastman Kodak Co (OTCQB:EKDKQ) $0.319
http://money.cnn.com/quote/quote.html?symb=EKDKQ

Anyone watching Kodak?
what broker do you use?

mini? standard?
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Old 03-24-2013, 04:05 PM   #13
MainstreamGuy
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Originally Posted by AdultPornMasta View Post
I have been watching Kodak and I am going to get in it for the long term. It could be a great day trading item if you can get the $25K into your stock account that will end up being required.

Check the five-year stats. Kodak will come back, whether it does so on its own or is bought out.

True dat, buy low, sell high.

As simple as it gets. It cannot get any worse than this.

And if it does, you still have margin to ride the drawdown with not even a 5% margin in the account.
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Old 03-24-2013, 04:07 PM   #14
MrMaxwell
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Originally Posted by MainstreamGuy View Post
True dat, buy low, sell high.

As simple as it gets. It cannot get any worse than this.

And if it does, you still have margin to ride the drawdown with not even a 5% margin in the account.
Who wants to ride a drawdown? You mean so your stop doesn't get taken ¿
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Old 03-24-2013, 06:02 PM   #15
DBS.US
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what broker do you use?

mini? standard?
TradeKing and ETrade (Roth IRA)
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