More Stocks

The market is up today. I have run out of money to purchase stock, so now I am hoping it continues to climb. I managed to get some pretty good buys (in my opinion) while it was so low. Here are a few of my buys:

Bank of America - BAC @ $3.63 p/s
Dryships Inc - DRYS @ $3.11 p/s
Virgin Mobile - VM @ $1.15 p/s
Sirius XM Radio - SIRI @ $0.14 p/s
American Intl Group - AIG @ $0.35 p/s

Wish me luck!

2009 Financial Terms

CEO --Chief Embezzlement Officer
CFO-- Corporate Fraud Officer.

BULL MARKET--A random market movement causing an investor to mistake himself for a financial genius.

BEAR MARKET--A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no beer.

VALUE INVESTING--The art of buying low and selling lower.

P/E RATIO--The percentage of investors wetting their pants as the market keeps crashing.

BROKER--What my broker has made me.

STANDARD & POOR--Your life in a nutshell.

STOCK ANALYST--Idiot who just downgraded your stock.

STOCK SPLIT--When your ex-wife and her lawyer split your assets equally between themselves.

FINANCIAL PLANNER--A guy whose phone has been disconnected.

MARKET CORRECTION--The day after you buy stocks.

CASH FLOW-- The movement your money makes as it disappears down the toilet.

YAHOO--What you yell after selling it to some poor sucker for $240 per share.

WINDOWS--What you jump out of when you're the sucker who bought Yahoo @ $240 per share.

INSTITUTIONAL INVESTOR--Past year investor who's now locked up in a nuthouse.

PROFIT--An archaic word, no longer used.

Betting again...

I'm still watching the market and trying to buy stocks at their lowest. I have done fairly well so far, unless things dive again. I expect the market to be pulling up within the next six months to a year. Of course it's all speculation. Anyhow, here's my recent bets.

E-Trade Financial Co. @ $1.18 per share
Ford Company @ $2.64 per share
Sprint Nextel Corp @ $1.69 per share
Minrad International, Inc @ $0.11 per share
Southwest Airlines Co. @ $8.54 per share
Palatin Technologies, Inc @ $0.09 per share
Novadel Pharma, Inc @ $0.36 per share

And here's a quote for the day:

"Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidise it." --Ronald Reagan

I'm in!

The market that is. I have been waiting for the bottom so I could start investing. Of course it may not be there yet, but it's all a guess. I bought 33 shares of Ford for $2.64 per share. I'm betting there'll be some more fluctuating but it will go back up. I'm waiting for GE and some others to get lower for now. Wish me luck!