For the life of me.. I keep paying this guy $30 or whatever it is a month.. and yet.. I’m not taking advantage! Well, truthfully.. the reasons aren’t anyone’s’ fault, I think the reason is more of a funding problem at to why I’m not trading much using his recommendations.
It’s certainly not from lack of emails that he sends out (usually more than 3 a day), nor the problem with the actual trades or pennystocks that he alerts us on. In fact the stocks he alerts on are usually very …

I’ve sort of strayed from my financial blogging lately.. for that I apologize in case you were curious.
I guess the reason that I’ve not posted much, is that I’m actually not DOING much. The markets for some mysterious reason keep going up, and for the life of me I’m waiting for a bit of a correction to occur. There is just too much uncertainty to keep it moving forward in my opinion, what’s going on down there with our neighbours to the south anyhow? To think a few months ago …

Well, some interesting things happened since my last post of LYG.
It ends up, I DID in fact get the dividend (they must have been mistaken) of .8477 per share.. so since I owned 100 shares.. that was $84.77 which I was paid out in a special dividend. SWEET!
However, that dividend somehow adjusted the options which I sold as well.. so as it turned out.. they expired on Friday and even thought the stock was trading at 4.68 I believe at that time.. my shares were called away, and the put …

I must admit that when I saw this article.. I was a little dumbfounded, and excited at the same time.
As tough as it is to understand options sometimes, there are times when it’s sort of a no-brainer. I will try to illustrate this concept here. However, a few things have to be pointed out.

this is a bullish play and as I see it, a good way to develop a portfolio
you need to have enough cash to pay for 200 shares of the stock you are looking at

The best way to …

Well.. I can’t seem to obtain a grasp of the market.. what once was a good way to day trade, seems very choppy lately and no one quite has a good handle on where it could go.
A very good resource I use is looking at the S&P going to 600 – 650.. while most (like myself) are expecting at least some sort of bounce today or the next day.. as we have’ had over 8 ‘down’ days in a row.
I’m still in DRYS looking for something special.. but not finding …

Well, I can definitely admit when I’ve made a mistake.. and I made a big one with BAC. Not only did it not bounce, I would have made a small fortune if I was short instead of long.. or knew how to get out at a loss for that matter! Fortunately for myself, I didn’t..
Now I’m pretty much back to square one.. which sucks hard. But that’s ok.. I consider them all learning experiences.. and I plan on making out of this eventually. Anyhow, I’ve gone long DRYS. I …