acestocksplayer
The Talking Stocks Forum officially began on August 17, 2010. I have been unable to save most of the content of the original forum. However, I have attempted to preserve some examples of the earliest posts of the original Forum. 

The very first posts on the original forum were on the "Dow Industrials" board. Eventually, most of the members moved to the Nasdaq and Penny Stocks board and the Dow board became inactive. However, it is sort of fun to look back on the very first posts and realize we had them on the Dow board....

DOW INDUSTRIALS [icon_pulldown] : Welcome to the Dow Jones 30 Industrials Board

 
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AceStockPlayer said: 
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Joined: Aug 16, 2010
Posts: 12325
August 17, 2010 1:26 AM

Welcome to the Dow Industrials board! You may discuss any stocks from any major market here, but the main focus is intended to be Dow Stocks. Please share your comments on this board if you would like...or form your own discussion group.

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This site and its message board reflects opinions of individuals only, and should not be understood to offer advice on investing or trading. Investing in stocks, bonds, options, futures or other uninsured investments can lead to substantial financial losses. Always consult a Registered Investment Advisor/Broker. Visit my blog at http://www.Blog.AceStockTrader.com .

 
upplands said: 
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Joined: Aug 18, 2010
Posts: 3432
August 18, 2010 12:41 AM
Hi Ace, Congrats on the site!!

Testing and trying to navigate around it.

Interesting high CALL option volume on ARMH Jan $15 

Thanks as always!
 
AceStockPlayer said: 
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Joined: Aug 16, 2010
Posts: 12325
August 18, 2010 1:27 AM
Hey Upplands! Glad to see you come over here!

I really got frosted at CS tonight, when I tried 4x to get a post on, and none took. I had been working on setting up this message board for a couple days...it's not fancy, but it has some nice features, such as each member gets their own on-site email box, so members can send each other emails right here on the site.

If this thing takes off, I might upgrade it...but for now, this should do. I'm still fooling around with it too, in terms of how to post charts. BigCharts posts directly, but StockCharts requires me to upload to photobucket first.

As for the ARMH call activity, I missed it...but I will check it out in the morning. I'm going to bed now...don't want to miss the morning trading action!

Regards, Ace

 

 
RiteTite said: 
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Joined: Aug 18, 2010
Posts: 7
August 18, 2010 8:25 AM
Hi Ace -- I'm one of your lurkers and follow every one of your posts (and ignore many of the others)!! I'm in the REEs and we certainly had a great day yesterday thanks to you! Keep up the good work. Maybe someday I'll feel more confident in my TA, but I'm not there yet. I did take note of your comments yesterday about Stockcharts. You guys don't know how helpful your reading of charts is to those of us that are still challenged. Thanks for everything!
RiteTite
 
CMAC38 said: 
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Joined: Aug 18, 2010
Posts: 11550
August 18, 2010 10:10 AM
Found it. Thanks for all you do ACE
 
AceStockPlayer said: 
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Joined: Aug 16, 2010
Posts: 12325
August 18, 2010 10:33 AM
Hey RiteTite and CMAC38, welcome to the board!

As for REEs, there is a new symbol today...REE! (That's simple!)

REE was formerly known as RRLMF...the stock is breaking out today with that simple symbol change...I believe it is now trading on one of the main exchanges, and no longer a Pink Sheets stock, but I need to follow up to confirm!

Shown below is yesterday's chart...the stock is about 10% higher this morning!!!

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Regards, Ace

 

inquire said: 
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Joined: Aug 18, 2010
Posts: 345
August 18, 2010 11:01 AM
Hi Ace, inquire here. Thanks for the e-mail guiding me to this forum. It is good to have an alternative in case CS goes down in flames. Appreciate your dedication to helping others---a rare occurrence in today's world.............inquire

Go Cards

inquire55

 
AceStockPlayer said: 
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Joined: Aug 16, 2010
Posts: 12325
August 18, 2010 11:03 AM
Hi Inquire55....welcome to the board. Be sure to put it in your favorites!

Regards, Ace

 

IPO_Trader said: 
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Joined: Aug 18, 2010
Posts: 1
August 18, 2010 11:20 AM
Ace, thanks for the text message! Good luck with the alternative site. We might all have to migrate here soon. I know you bought more lyscf at 0.93. Im thinking of adding some myself here, but understand your concern about it being over heated. Still, if it's going much higher, i hate to miss that run! Regards, IPOT
 
inquire said: 
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Joined: Aug 18, 2010
Posts: 345
August 18, 2010 11:28 AM
UXG doing well today. I posted on CS earlier ---still ticked coz I only got 600 out of a 2500 sh bid @ 4.88. Have 1500 @ 4.75. Will be watching for yours and upplands take on it. rotor on the SPX board seems to like it---so, I'm in good company 

Any comment on OSK --upn8th is looking at it. I played it a while back,but forgot about it til I saw upn's post

Thanks --inquire
edit: some comments now on CS about OSK

Go Cards

inquire55

 
AceStockPlayer said: 
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Joined: Aug 16, 2010
Posts: 12325
August 18, 2010 11:38 AM
Hi Inquire and IPO-Trader,

IPO, thanks for coming over. You got my text message, I see.

Inquire, yes, UXG at $5.06 last time I checked...nice move on it! SLW is also on the move today...again!

On OSK, I ran a 5 day EMA line on its chart, and it is still descending...until the 5 EMA at least flattens out, I would not YET touch that stock. Also, notice the bottom bollinger band continues to expand outward, which tells me the potential for further drops is possible. I'm not saying that it will drop further, but there is not enough stability yet. I know it's exciting to catch the bottom of a drop, but still use caution here. The backdrop of the overall markets (see the Summation Index) continues to put pressure on all stocks, and stocks like OSK could get hammered further if a big selloff should ensue in the general markets.

It's also in the midst of an early trend move by the ADX line, meaning this downtrend could get more severe. Yes, it's always possible OSK could have a brief, hard rally back up due to short-covering, but when that happens is quite difficult to guess. So, my opinion is to not buy it here...at least watch to see if the 5-day EMA can flatten and turn up, at the very least. 

Regards, Ace

 

 
RiteTite said: 
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Joined: Aug 18, 2010
Posts: 7
August 18, 2010 4:06 PM

REE News:
Rare Element to commence trading on the NYSE Amex
9:00a ET August 17, 2010 (PR NewsWire) 
Rare Element Resources Ltd. (TSX-V: RES) is pleased to announce that its common shares have been authorized for listing on the NYSE Amex ("AMEX") in the United States and trading will commence on Wednesday, August 18, 2010 under the ticker symbol "REE". The Company's common shares will continue to be listed on the TSX Venture Exchange under the symbol "RES" in Canada. 

The AMEX listing will give a broad variety of investors easier access to trading in the common shares of Rare Element and provide an additional platform for the Company to access new investors who are looking for investments in Rare Earths focused companies. 

Mark T. Brown, CFO, noted that "we expect this new listing will enhance our liquidity due to making trading in our shares easier for both U.S. and some foreign investors, and that our visibility will be increased due to this new listing. It also is logical considering that the Bear Lodge rare-earths project, with excellent nearby infrastructure, is located in the mining friendly state of Wyoming, USA." 

Rare Element's common shares have also regularly traded in the U.S. on the OTC pink sheets market under the symbol "RRLMF", and in Germany on the Frankfurt Stock Exchange under the symbol "R8V". In addition, like many companies listed in Canada, trades in the Company's shares are often completed on alternative trading platforms which regularly account for approximately 10% of the trading volume in Canada for Rare Element's common shares. 

Rare Element Resources Ltd. (TSX-V:RES) is a publicly traded mineral resource company focused on exploration and development of rare-earth elements and gold on the Bear Lodge property. 

Rare-earth elements are key components of the green energy technologies and other high-technology applications. Some of the major applications include hybrid automobiles, plug-in electric automobiles, advanced wind turbines, computer hard drives, compact fluorescent light bulbs, metal alloys, additives in ceramics and glass, petroleum cracking catalysts, and a number of critical military applications. China currently produces more than 95% of the 130,000 metric tonnes of rare-earths consumed annually worldwide, and China has been reducing its exports of rare earths each year. The rare-earth market is growing rapidly, and is projected to accelerate if the green technologies are implemented on a broad scale. 

ON BEHALF OF THE BOARD 

"Mark T. Brown" 

Mark T. Brown, CA, CFO & Director 

Donald E. Ranta, PhD, PGeo, serves the Board of Directors of the Company as an internal, technically Qualified Person. Technical information in this news release has been reviewed by Dr. Ranta and has been prepared in accordance with Canadian regulatory requirements that are set out in National Instrument 43-101. This news release was prepared by Company management, which takes full responsibility for content. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 

SOURCE Rare Element Resources Ltd.
 
AceStockPlayer said: 
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Joined: Aug 16, 2010
Posts: 12325
August 18, 2010 5:03 PM
Hey RiteTite,

Thanks for that additional insight. I increased my holdings in REE by 50% today with the move to the AMEX....it should now garner attention from mainstream traders including institutional ones! (The previous symbol was RRLMF on PinkSheets' exchange.)

This company has a mine in the US which makes it certainly attractive, and near transportation and roads, unlike many of the undeveloped mines. The working partnership with Newmont Mining (NEM) lends additional credibility to them!

I also think they could become a takeover candidate for NEM, should the good news continue from their Wyoming property!

Cheers! Ace

 

 
shacknasty said: 
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Joined: Aug 18, 2010
Posts: 2198
August 18, 2010 10:49 PM
I looked up REE this AM ann found the move to AMEX. Don't see any fundamemtals on that symbol!
http://moneycentral.msn.com/detail/stock_quote?Symbol=ree&getquote=Get+Quote
 
AceStockPlayer said: 
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Joined: Aug 16, 2010
Posts: 12325
August 19, 2010 12:07 AM
Hi shack! I'm glad you found our alternative board....CS is a total mess today! I could barely get any posts on there.

As for your question, I agree it's not easy to find financials on REE because they are based in Canada and trade on the Vancouver Exchange up there. However, the best place to get the financials is their website...CLICK HERE!.

...and here is a news release put out by them recently...CLICK HERE! which highlights some of the events going on with its Bear Lake Lodge property! 

If the problems persist tomorrow on CS, you know where to find us! 

Best regards, 

ACE

 

shacknasty said: 
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Joined: Aug 18, 2010
Posts: 2198
August 19, 2010 10:28 AM
REE is really thin! Equity is $10m if I read it right! 

ABK hit a new low of 0.48 today. The 2009 low was 0.35. I jumped back in July for a few cents profit. It could get messy!
http://www.thestreet.com/story/10839183/1/_msnh/can-ambac-rise-from-the-dead.html?cm_ven=MSNH&cm_cat=FREE&cm_ite=NA
 
AceStockPlayer said: 
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Joined: Aug 16, 2010
Posts: 12325
August 19, 2010 11:07 AM
Shack, so long as you know that ABK can only be played as lottery ticket, then I understand your actions.

Yes, REE is very speculative....I always said that (when it was RRLMF)...but they have a partnership with NEM and the Bear Lake property has some strategic advantages (closer to roads and infrastructure than many mines), and the US property has some value for a buyout. I'm thinking NEM might attempt to buy out REE if the studies of the property prove as good as the initial assays have shown. The recent BHP buying spree seems to show that the big miners are looking to diversify outside of gold and silver into other properties that might increase revenues and earnings downstream.

Regards, ACE

 

LMcColl said: 
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Joined: Aug 19, 2010
Posts: 7
August 19, 2010 11:35 AM
Well, *looks around*, this place could use some paint and some pictures on the wall but it has potential.
 
LMcColl said: 
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Joined: Aug 19, 2010
Posts: 7
August 19, 2010 11:42 AM
DOW 10,000? ST trend line violated. I see very little support here. Anyone got any ideas?
 
shacknasty said: 
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Joined: Aug 18, 2010
Posts: 2198
August 19, 2010 11:42 AM
You are right about convenience. It's in NE Wyoming near I-90! Beats trying to hack down a forest or carve a road in a granite cliff! 

Sundance has only 1161 people so infrastructure is an issue. So is water, unless it's over the Ogallah aquifer, but then pollution from processing becomes a HUGE issue as this water goes from Canada to Texas! Do not assume the ranchers will sell their water rights! I own Mineral rights to 40 acres in CO, but the water is managed by a district! It's a first use law, something Easterners aren't familiar with. A rancher using water has an absolute right to it even if you own the source!
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
Here's a list of my 10 top trading rules, posted for a long time on the original Forum. I still believe in most of these rules, although I might think about re-prioritizing a few of them based on recent experiences....

AceStockPlayer said: 
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Joined: Aug 16, 2010
Posts: 12325
September 11, 2010 9:51 PM
The Top 10 Important Concepts for the Modern Day Stock Trader/ Investor

10. If you trade rather frequently, be sure you use a discount broker with low fees. The fees really do add up over a year's time and can consume a significant percentage of your assets. This was a hard lesson for me over the years to learn. If you make 25 trades a month (not atypical today!) at $14 a trade, that amounts to $4,200 a year in broker commissions. If your trading account averages $50,000, then that $4,200 amounts to over 8% of your assets. You have to gross better than 8% a year just to come out above break-even! Not even the costliest mutual funds have an 8% nut to crack! 

9. Even when you have a low discount broker, be careful not to trade too often...the low fee makes it more tempting to trade more often...Yet, the discount brokers discovered over the last few years that they can make it up on volume! 

8. Never use stop-loss limits. The big traders can see your stop losses on their Level II and Level III trading platforms. You set yourself up for disappointment as the big traders will take out your stock at the lowest possible price you were willing to part with it.

7. When buying or selling stocks, DO use limit orders! Why? Because the market maker will usually give you the worse available price. In some cases, the flash trading systems are moving so quickly with bid/ask spreads, you can lose quite a bit of money compared to the price you thought you were going to get! 

6. Don't pay a lot of attention to the "experts" on financial advice boards. On these sites, so-called experts are wheeled out from time to time to throw water on a hot stock that you might own. These experts have strong looking credentials--they might be some sort of industry insider, or they might be a financial journalist who covers news in the investment sector that your favorite stock is in. These experts will come on these boards and try to scare you out of your stocks for reasons (excuses) such as your stock is "over-valued" or "over-bought." What I have found is that in some cases, they seem to have a hidden agenda. 

5. Watch for stocks that are consistently trading well and study their trading patterns for possible entry and exit points. Stocks that trade consistently higher over time tend to keep doing so. 

4. Don't fall in love with your stocks! Sell stocks that are losers as quickly as possible. Don't hang on to a stock when it isn't doing what you thought it would. 

3. When you have substantial profits, don't be afraid to ring the cash register! Understanding advanced charting principles and techniques can help a person to figure out when it's time to leave the party before the hangover sets in.

2. Be careful not to chase hot stocks that are running higher on heavy hype! An over-extended rally is usually a recipe for disaster.

1. Use discipline and keep emotions out of the game! This is my number one rule for smart trading and investing. This rule sort of extends on rule #4 which says to never fall in love with your stocks. It takes a long time to develop this stone-cold type emotion to trading. I know because it took me some time to develop this type of discipline in my own trades.

This site and its message board reflects opinions of individuals only, and should not be understood to offer advice on investing or trading. Investing in stocks, bonds, options, futures or other uninsured investments can lead to substantial financial losses. Always consult a Registered Investment Advisor/Broker. Visit my blog at http://www.Blog.AceStockTrader.com .

ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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