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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > missed a chance to short today
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Post by b4545 on Aug 02, 2012 3:50pm

missed a chance to short today

Maybe tomorrow, as this stock can retreat to the 1.50s or 1.30s. Know one knows for sure, but it will take another BNN pumper or real news to move it up again.

glta

Comment by c0014377 on Aug 02, 2012 4:47pm
Is it healthy to short a stock with a 12.5% div yield, P/E of 5, and in a clear uptrend.  Not sure where you learned how to trade but I'd find easier pray.  My 2c
Comment by TommBomb on Aug 02, 2012 5:35pm
i was thinking the same thing. Calling a top is just as hard as calling a bottom. Temporary consolidation after a spike is one thing. Shorting this stock takes ballz. 
Comment by b4545 on Aug 02, 2012 5:41pm
your 2 cents. your entitled. I short any stock in a down trend on a daily basis in my margine account. I always settle at days end, infact I have to settle at the same day. If I want the div I will hold to the e-div date. Had I been around today and sold shares I didn't own this am for 1.65 I could have covered for 1.59 and made a few bucks. I did it yesterday on 20k shares because of the high ...more  
Comment by Dextonite8889 on Aug 02, 2012 6:26pm
I trade as well and kudo's to you sir it sounds like you do it the right way. But I have to agree isn't their easier pray out their? I can understand if your trading on all technicals and you can make money all day like that. But why not RIMM or Radioshack or some garbage name like that? I just feel their is a lot of upside risk for Mart and it seems almost like you just don't even ...more  
Comment by greener12345 on Aug 02, 2012 7:33pm
"down trend on a daily basis"  lol "Worse thing that can happen is I have to buy the shares at a higher price at the end of the day. It's a win win. Not sure where you learned to trade, but I took a course and it has helped my make $$ on up and down days. I just gave you a free tip that I paid for." your buying back the shares at a higher price that you shorted!! and ...more  
Comment by b4545 on Aug 02, 2012 7:52pm
I have shorted RIM when it was crashing last fall at least a dozen times, and even a few more times into the spring. That was a serious no brainer, like YLO a year ago from 6 bucks down to 50 cents where I stopped. I think in 6 months of shorting YLO I had to buy back higher perhaps 4 or 5 times out of about 60 short day trades. I watch BNN Market Call early edition everyday and follow several of ...more  
Comment by b4545 on Aug 02, 2012 8:00pm
sorry, not " I will short the stock on the run up and sell later on the retraction. I should have said "buy" later on the retraction.   greener - call it a win win--your an idiot and dont know what the fluck you are talking about   greener, I talked about shorting and covering a stock I had a gain on, so I am just reducing my gain. Don't you get it?
Comment by greener12345 on Aug 02, 2012 8:03pm
next your going to tell us you shorted KCG today at 4.32 and bought back at 2.27 !!   i luv idiots who brag about their gains AFTER the fact !! next time post your short just after you do it !!   cheers
Comment by b4545 on Aug 02, 2012 8:32pm
greener, why the name calling, where is your agner coming from? Oh never mind, your on my ignore list now. bye bye bully.