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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Old 12-14-2017, 10:48 AM   #1471
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This is the wild west scam of penny stocks. Market makers don't want to hold these so they have a very wide bid and asked to make tons of money.

You invest $2000 and it's instantly worth only $750.......no thanks!
I found one with a bid/ask diff of $0.001
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Old 12-14-2017, 10:55 AM   #1472
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I found one with a bid/ask diff of $0.001
The rule of thumb is the tighter the spread the more liquid the stock denoting stability.

NYSE stocks used to trade with very tight spreads but the advent of computer trading has widened them a bit.

Apple almost always trades with a .01 difference between bid and ask. That's impressive.
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Old 12-14-2017, 11:19 AM   #1473
Hog's Gone Fishin Hog's Gone Fishin is offline
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Some cheap stocks I've been watching today

OHGI

SIEB

BITCF

Not recommending any but wish I had owned them at 8:00 this morning.
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Old 12-14-2017, 12:06 PM   #1474
Hog's Gone Fishin Hog's Gone Fishin is offline
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I just realized that if you buy one share of Berkshire Hathaway (BRK.A) you could easily make $1000 a day. Some days you may make $3-4000
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Old 12-14-2017, 12:31 PM   #1475
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Quote:
Originally Posted by Hog's Gone Fishin View Post
I just realized that if you buy one share of Berkshire Hathaway (BRK.A) you could easily make $1000 a day. Some days you may make $3-4000
The only challenge is ponying up for that one share.
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Old 12-14-2017, 12:36 PM   #1476
ChiefGator ChiefGator is offline
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I'm trying to quit my 15 year career as an IT developer/application engineer to become a farmer.

Does this equal profit, or not?

Quote:
Originally Posted by Rain Man View Post
The only challenge is ponying up for that one share.
No ponies in the plans though.
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Old 12-14-2017, 12:40 PM   #1477
Hog's Gone Fishin Hog's Gone Fishin is offline
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I'm trying to quit my 15 year career as an IT developer/application engineer to become a farmer.

Does this equal profit, or not?



No ponies in the plans though.
That's the dumbest God Damn idea I've ever heard of in my life!
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Old 12-14-2017, 12:41 PM   #1478
ChiefGator ChiefGator is offline
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Quote:
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That's the dumbest God Damn idea I've ever heard of in my life!
Oh please.. you just got tired of raking in the dough. Look at you, got to retire on your millions from pig farming!
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Old 12-14-2017, 12:52 PM   #1479
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I bet there's big money in ponies. They're starter horses for people who don't know if they want a horse. If you look at the number of 11 year old girls in the world, that's huge demand.
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Old 12-14-2017, 01:03 PM   #1480
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I bet there's big money in ponies. They're starter horses for people who don't know if they want a horse. If you look at the number of 11 year old girls in the world, that's huge demand.
Almost half the population was an 11-year old girl at one point.. damn good thinking!
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Old 12-14-2017, 05:46 PM   #1481
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I know Rainman mentioned having many good stocks that also provide dividends.

Anyone care to provide a list of solid companies with good paying dividends?
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Old 12-14-2017, 05:49 PM   #1482
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Scho, are you writing any covered calls with portions of the GE stocks you own since you have quite a large volume?
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Old 12-14-2017, 06:07 PM   #1483
Hog's Gone Fishin Hog's Gone Fishin is offline
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Screw dividends . i'm looking for stocks with 100% returns in 3 days
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Old 12-14-2017, 06:24 PM   #1484
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Screw dividends . i'm looking for stocks with 100% returns in 3 days
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Old 12-14-2017, 06:47 PM   #1485
ChiliConCarnage ChiliConCarnage is online now
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Quote:
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I know Rainman mentioned having many good stocks that also provide dividends.

Anyone care to provide a list of solid companies with good paying dividends?
This is a good site you can sort several ways.

http://www.dividend.com/dividend-sto...ing-stocks.php

What's good depends on your goal. That list is dividend aristocrats. Companies that have increased their dividend for 25 years. Typically a good sign of a well run company with possibly a moat. They don't all necessary pay a large dividend if that's what you're after.

I think Rainman has talked a bit about REITs. They can pay big dividends but they're unqualified so I don't touch them in my taxable account. I keep to indexes in my retirement so I don't end up a homeless bum.

Utilities tend to have good dividend payouts and are pretty safe. It's a defensive sector.
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