Recent content by M3racer2k1

  1. M

    What license is needed in order to trade clients' money?

    With a Series 65 will I be able to trade the account using my own discretion (obviously a must for successful trading), or would I have to notify them and get permission for all trades? Do I need to register with the NASD? Or is it perfectly fine to just start an LLC and obtain the proper...
  2. M

    What license is needed in order to trade clients' money?

    If I formed an LLC and used an online brokerage such as ETrade, IB, etc. would I have to register with the NASD? Anyone know the costs of starting up an LLC used for trading?
  3. M

    What license is needed in order to trade clients' money?

    I am currently trading my individual and family account and have gotten offers to manage other clients money. Which license would I need to obtain in order to do this? I have been told to register a firm with the NASD, and sponser myself for the series 7 after that. I have also heard that the...
  4. M

    Nyx

    We've already hit the bottom at about 80 bucks or so and the reversal is occuring as we speak. There is obvious support at $80 and we saw the exact same thing happen from the beginning of Feb. to the middle of March. Once it hit $80 it began it's reversal on it's way to $100. Looks to be...
  5. M

    Has anyone used "Trade the News" services?

    Would like to hear some reviews on their services. Thanks.
  6. M

    WFMI - Any opinions on yesterdays 5% cut?

    Don't know about you, but I would think that Whole Foods constantly being packed would be a good thing for the company.
  7. M

    WFMI - Any opinions on yesterdays 5% cut?

    This is actually a great buying opportunity IMO, and I will be adding whole foods to my portfolio this week. They are one of Morningstar's favorite stocks, and here is the most recent write up that they've done regarding their missing estimates and drop in stock price... Whole Foods Will...
  8. M

    Buy Aig Before The Call!!!

    Hydro Excellent post, it's refreshing when I come accross something worth reading on this site. The point I was making is that a stock with this type of upwards momentum should be trading higher after such possitive earnings reports. And frankly it caught me by surprise to see it trade...
  9. M

    Buy Aig Before The Call!!!

    Hydro Thanks for that very informative post. Care to explain why a huge company like AIG posts a quarter over quarter profit increase of 25% and also beats estimates in every way possible, only to trade lower? I will repeat, this does not make any sense. And i think this stock will...
  10. M

    Buy Aig Before The Call!!!

    I think the adjusted net income is the figure which is more important since it doesnt include one-time costs, and is a better indicator of the companies performance for the quarter. Using this figure, it looks like they beat estimates by closer to 9% or so. And they are down in after-hours...
  11. M

    Disney Earnings, What the Hell is going on?

    Considering Disney's second quarter profit rose 27% from a year earlier, I don't see how that can be considered a bad quarter. Earnings came in at $931 million or .44c/share compared to estimates of .37c/share, and year earlier results of $733 million or .36c/share. Revenue was also up...
  12. M

    Disney Earnings, What the Hell is going on?

    So Disney crushes earnings estimates by 20%, the top and bottom line numbers look great. And it's down 1 plus % in after hours trading, how is this possible? After an earnings release like that, I would expect this stock to be flying.
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