My Picks

Daily chitchat.

Moderators: Moderators, Junior Moderators

Forum rules
This General Forum is for general discussions from daily chitchat to more serious discussions among Somalinet Forums members. Please do not use it as your Personal Message center (PM). If you want to contact a particular person or a group of people, please use the PM feature. If you want to contact the moderators, pls PM them. If you insist leaving a public message for the mods or other members, it will be deleted.
User avatar
Aerosmith
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 1214
Joined: Sun Sep 28, 2003 7:00 pm
Location: Inside CFAI Publications

My Picks

Post by Aerosmith »

I thought I will stick around till at least 3rd June when I return to the US side and advise fellow somnet on prospective investments. My take is for all those looking for at least second Q2 profit is to buy OIL Long ETF/ETN. To be specific Double long ETN DXO...Oil is trading at $63.77 and with OPEC promising to raise it up to $75 one can have a good run. For hedging purpose one can use exploration firms. In addition if oil does sustain this momentum buy puts for transporters, rails, airlines.

For immediate trade till Friday GM is the way to go. Mind you GM will still not buckle and trade within range of 1.2-1.4 for some sentimental purposes and some common holders hoping Uncle Sam will come to the rescue. I tried to paper trade GM now and the $1.00 puts are trading at $0.53, which represents almost the 100% gain of shorting the stock to zero in a bankruptcy scenario. Many people will not go for this as they fear existing common shareholders are getting 1% of the new equity which translates into a current stock price somewhere in the 15-20 cent range. This I guarantee you folks will never happen and can only happen on an out of court settlement a scenario bond holders will refuse. The FED will not allow GM to ram through a 363 sale like they did with Chrysler.

Good luck all
User avatar
Cali_Gaab
SomaliNet Super
SomaliNet Super
Posts: 14013
Joined: Wed Oct 17, 2007 8:50 pm
Location: Sleeping next to my life's cottage

Re: My Picks

Post by Cali_Gaab »

I might go swimming on Saturday.
User avatar
Aerosmith
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 1214
Joined: Sun Sep 28, 2003 7:00 pm
Location: Inside CFAI Publications

Re: My Picks

Post by Aerosmith »

Get lost troll :down:
User avatar
Warsan_Star_Muslimah
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 4574
Joined: Mon Apr 21, 2008 3:19 pm
Location: ''A Malyuun Bucks''

Re: My Picks

Post by Warsan_Star_Muslimah »

Aerosmith,

Okay bro, ilahay haa ku fudideeyo everything. :up:
User avatar
Navy9
SomaliNet Super
SomaliNet Super
Posts: 6830
Joined: Fri Jan 17, 2003 7:00 pm
Location: United States of Aliens

Re: My Picks

Post by Navy9 »

I think I am bit confused... :lol:
User avatar
Warsan_Star_Muslimah
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 4574
Joined: Mon Apr 21, 2008 3:19 pm
Location: ''A Malyuun Bucks''

Re: My Picks

Post by Warsan_Star_Muslimah »

Navy9 wrote:I think I am bit confused... :lol:
A bit? :lol:

I would explain, but I'm afraid I'll get technical and therefore confuse you further. (yeah, right I'm clueless too)
User avatar
Aerosmith
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 1214
Joined: Sun Sep 28, 2003 7:00 pm
Location: Inside CFAI Publications

Re: My Picks

Post by Aerosmith »

Sorry Navy9 and Warsan but this thread should have been in business section. It was meant for traders, finance students etc.
User avatar
Cawar
SomaliNet Super
SomaliNet Super
Posts: 18502
Joined: Sat Nov 06, 2004 1:14 am
Location: BBB

Re: My Picks

Post by Cawar »

Hey, I can move it there if you want.. but I suspect you will get more readers in this section.

So how you holding up sxb??
User avatar
Primal
Posts: 31
Joined: Mon Apr 20, 2009 9:29 pm

Re: My Picks

Post by Primal »

I don't know! Would be nice to have extra money on the side exclusively for investing, unfortunately, money is ellusive, so, one can only dream.
User avatar
Aerosmith
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 1214
Joined: Sun Sep 28, 2003 7:00 pm
Location: Inside CFAI Publications

Re: My Picks

Post by Aerosmith »

Cawar I am alright bro, preparing mentally for D-Day. Been extra friendly to all these last few days, even a former arsehole enemy. Fasted last two days and will be fasting today Friday too Insha Allah.

Primal sxb cut the pessimism rhetoric and take charge of your destiny. You can make money Allah willingly if you were hell bent on it. Good luck
User avatar
Primal
Posts: 31
Joined: Mon Apr 20, 2009 9:29 pm

Re: My Picks

Post by Primal »

^ Thanks for your encouragement. Someday I might inshallah.
User avatar
Aerosmith
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 1214
Joined: Sun Sep 28, 2003 7:00 pm
Location: Inside CFAI Publications

Re: My Picks

Post by Aerosmith »

Primal-start from tomorrow mate. You never know what will happen in a few weeks time. Heck look at me, I only have few more days of freedom.
User avatar
Aerosmith
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 1214
Joined: Sun Sep 28, 2003 7:00 pm
Location: Inside CFAI Publications

Re: My Picks

Post by Aerosmith »

God, crude is already up on Dubai and London exchange and future NYMEX indicative is around $65.74. Don´t miss the bandwagon folks. Walahi I mean it.
User avatar
Navy9
SomaliNet Super
SomaliNet Super
Posts: 6830
Joined: Fri Jan 17, 2003 7:00 pm
Location: United States of Aliens

Re: My Picks

Post by Navy9 »

Aerosmith wrote:Sorry Navy9 and Warsan but this thread should have been in business section. It was meant for traders, finance students etc.

:lol:

Aero, I am MBA holder and it has nothing, nothing to do with business that I am confused about but I'll just keep it at that. Good day bro :up:
User avatar
AbdiWahab252
SomaliNet Super
SomaliNet Super
Posts: 56715
Joined: Mon Jul 14, 2003 7:00 pm
Location: Unity. Strength. Capital.

Re: My Picks

Post by AbdiWahab252 »

DTO is trading at $4.20. Are you suggesting we buy it ? At what range should we dump it.
Locked
  • Similar Topics
    Replies
    Views
    Last post

Return to “General - General Discussions”