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Get Paid
05-25-2004, 02:03 PM
Does anyone ever go in there?
Ive been trying to somthing with it, but it seems as if nobody has gone in there in over a week.
I am trying a sport style thread, where i post units for stock buys... ive had 3 days of buying so far and im up around 5.5%
I am having fun doing this by myself, and if there are any stock people in here please join me! :yeah:
wageringwar
05-26-2004, 09:14 AM
I'll try and keep popping in, GP. Fledgling NASDAQ spread trader, so glad of any advice I can pick up!
Queen of Football
05-26-2004, 09:32 AM
Kevin goes over there and posts almost everyday when he is around. He will be back soon. Im not a day trader, All stocks I own are the old Blue Chip long term stocks. Except right now the only thing I am buying is Porsche, company is under valued, and somebody is going to come along in the next 3 to 5 years and buy them up. Same thing happened to Jaguar 15 years ago, stock was under valued and Ford came in and bought them out, and I more than doubled my money.
Queen :cool:
Get Paid
05-26-2004, 10:06 AM
Wow, good luck queen!
wagewar, hopefully we can exchance some tips, i find myself to be a smart investor, but as a gambler its hard to make money so slowly.... but for now im sticking with it!
I was into the stock threads at first but since football season is over and thats really all i play i havent been an active participant.....with all i have missed in the last 60 days i have resigned myself to pop into the forum more often in my off season as it appears i have missed a lot o laughs.....and bullshit for that matter......
Rothko1000
05-28-2004, 09:53 AM
Get Paid...........I've got something for you. A lawyer friend of mine told me to look into this stock.
DNNI
I know nothing about it. I haven't researched the company or what services or products it offers. I figured you might want to take a look and see if it's bullshit or something of value.
I'm not familiar with stock practices....most of my money is in real estate (rental homes, tri-plexes, investment property including residential and commercial). I have never been formally trained in the stock market.
Get Paid
05-28-2004, 10:07 AM
Rothko, It says DNNI has changed to DNNI.OB, not sure if its the same company. It went public 6 months ago, and has little information. I saw somthing about selling a dining service? Donnini, Inc. Maybe you can tell me some more about it?
Rothko1000
05-28-2004, 12:22 PM
GP...I called my friend and he told me this...
OTCBB Stock Symbol is DNNI
He said the stock is trading near its 52-week low and will start moving up soon. I believe the trading price is $0.50 right now...and they hope to reach $5.50 in less than a month!
The reasoning for the rise is due to growing sales...also some new developments that will significantly impact the company's assets and revenues. The earning reports alone should boost the price of the stock.
Now, I hope some of that made sense...the strange thing is...I still DON'T KNOW what the company sells or services?!?! Hopefully this will help you!
Rothko1000
05-28-2004, 03:27 PM
This stock thing has peaked my interest.....
Since retail is so unpredictable...is there more value in companies that offer just services??? It seems to me that service businesses have grown ten fold the last 5-6 years. I see many new services when I begin a commercial or residential development....from construction down to financing...it's amazing what's out there at your fingertips.
My retail store struggles every month. We make payroll and keep our bills relatively caught up....but there is no "breathing" room...no security. A smaller store like mine was money for a long time...and now the focus has turned to larger companies with seductive financing plans. I used to have customers who wanted a better product...a better price...one on one customer service and great warranties! Now it is a disposable society. The idea of a product last 10-15 years is obsolete...it's buy cheap now and we'll buy again in another 5 years. Quality is out the window..........price is the king! I truly believe Walmart will own America in 20 years. If there was an evil empire...Walmart would be guilty!
Anyway....what do you think about investing in service companies???
Get Paid
05-28-2004, 04:38 PM
Rothko, You called the retail industry unpredictable, but then you described it prefectly! Walmart is the way it is for a reason and you identified it!
As for your own business, i think you should really take a step back and reevaluate your position. Maybe its time to make a chance, and somtimes its the littlest thing that can set you back in the right direction. The hardest thing for people to do in business is to recocgnise that they have peaked. Dont let the emotional attachment to your company stop you from restructuring and making the right decisions!!
Rothko1000
05-28-2004, 04:57 PM
By the way...STOP COMPLAINING is fucking hilarious!!!
Yeah, I've been thinking about getting out of retail all together! Invest more of my time in real estate and developing. To me, financing and money management is where you see a greater profit margin! I'm not a greedy person...but I also don't think you have to work like a mining mule to make some bucks.
I'm very fortunate to have solid relationship with my bank. A word to the wise for all entrepreneurs.....whether you are successful or go bust with a venture....ALWAYS PAY YOUR BANK LOANS!!! I don't care if it takes working three jobs...establishing bad credit with a bank will get you nowhere!!!
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