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Showing results 1 to 18 of 18
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Posts Made By:
Big Mike
Forum:
Stocks and ETFs
November 25th, 2015, 10:49 AM
Replies:
105
Trader loses 130k+ on short, owes eTrade 100k
Views:
30,000
Posted By
Big Mike
I've always only referred to OTCBB listed stocks...
I've always only referred to OTCBB listed stocks as penny stocks. Stocks under $5 are of course subject to delisting and becoming a penny stock on OTCBB, so they carry their own risks, but I...
Forum:
Stocks and ETFs
November 23rd, 2015, 12:07 PM
Replies:
105
Trader loses 130k+ on short, owes eTrade 100k
Views:
30,000
Posted By
Big Mike
Look at KBIO today. Printing > 40. Also...
Look at KBIO today.
Printing > 40.
Also for those who keep saying he shouldn't have traded a penny stock, this isn't an OTCBB stock, it's listed on Nasdaq.
Mike
Forum:
Stocks and ETFs
November 22nd, 2015, 04:54 PM
Replies:
105
Trader loses 130k+ on short, owes eTrade 100k
Views:
30,000
Posted By
Big Mike
I didn't mean to thank your post but can't undo...
I didn't mean to thank your post but can't undo it on my phone, I'm not saying it's a scam.
No, not necessarily a scam. I can't vouch either way. But another example would be a violation of terms...
Forum:
Stocks and ETFs
November 21st, 2015, 02:36 PM
Replies:
105
Trader loses 130k+ on short, owes eTrade 100k
Views:
30,000
Posted By
Big Mike
Survival of the fittest. Brokers like that take...
Survival of the fittest. Brokers like that take on extra risk in exchange for attracting more accounts.
Sent from my phone
Forum:
Stocks and ETFs
November 20th, 2015, 11:51 AM
Replies:
105
Trader loses 130k+ on short, owes eTrade 100k
Views:
30,000
Posted By
Big Mike
You are right, I misunderstood and thought it was...
You are right, I misunderstood and thought it was after the AH session was over.
I checked my data, here it is grouped by last price, first 100 price changes after 4pm
MariaDB [ticks]> select...
Forum:
Stocks and ETFs
November 20th, 2015, 11:30 AM
Replies:
105
Trader loses 130k+ on short, owes eTrade 100k
Views:
30,000
Posted By
Big Mike
Funded campaigns don't get deleted. The fact...
Funded campaigns don't get deleted. The fact that it was deleted indicates a different story.
Mike
Forum:
Stocks and ETFs
November 20th, 2015, 11:27 AM
Replies:
105
Trader loses 130k+ on short, owes eTrade 100k
Views:
30,000
Posted By
Big Mike
Do your homework on a 15-year vs 30-year. If you...
Do your homework on a 15-year vs 30-year. If you can't afford the payments on a 15 year then I suspect you can't afford the house. And the cost savings of 15 vs 30 is substantial over the life of...
Forum:
Stocks and ETFs
November 20th, 2015, 10:24 AM
Replies:
105
Trader loses 130k+ on short, owes eTrade 100k
Views:
30,000
Posted By
Big Mike
Index futures are far less likely to experience...
Index futures are far less likely to experience the same type of event because they are made up of so many underlying equities.
Let's say that tomorrow a nuclear bomb goes off in New York. Then...
Forum:
Stocks and ETFs
November 20th, 2015, 09:44 AM
Replies:
105
Trader loses 130k+ on short, owes eTrade 100k
Views:
30,000
Posted By
Big Mike
Of course it can. And 24 hours solves...
Of course it can.
And 24 hours solves nothing. Stocks are halted intraday all the time for news releases.
Mike
Forum:
Stocks and ETFs
November 19th, 2015, 05:44 PM
Replies:
105
Trader loses 130k+ on short, owes eTrade 100k
Views:
30,000
Posted By
Big Mike
Some people are also really weird. ...
Some people are also really weird.
http://screencast.com/t/Eh3cxnmAgbHR
Mike
Forum:
Stocks and ETFs
November 19th, 2015, 05:16 PM
Replies:
105
Trader loses 130k+ on short, owes eTrade 100k
Views:
30,000
Posted By
Big Mike
Some of the comments remind me of how much people...
Some of the comments remind me of how much people can be assholes
http://screencast.com/t/LD4LvHqiicF
Mike
Forum:
Stocks and ETFs
November 19th, 2015, 05:03 PM
Replies:
105
Trader loses 130k+ on short, owes eTrade 100k
Views:
30,000
Posted By
Big Mike
I think he said he was a new trader, only trading...
I think he said he was a new trader, only trading for 6 months. Did you know everything there is to know when you only had 6 months experience?
I think the kid deserves a little sympathy, if...
Forum:
Stocks and ETFs
November 19th, 2015, 04:54 PM
Replies:
105
Trader loses 130k+ on short, owes eTrade 100k
Views:
30,000
Posted By
Big Mike
I do admire the guy for saying he will pay his...
I do admire the guy for saying he will pay his broker back. Legally, he's on the hook. I don't know what his financial situation is, or how old he is, but 100k is not chump change. People have...
Forum:
Stocks and ETFs
November 19th, 2015, 04:54 PM
Replies:
105
Trader loses 130k+ on short, owes eTrade 100k
Views:
30,000
Posted By
Big Mike
I noticed he said he would be back trading, but...
I noticed he said he would be back trading, but with stops.
I am not sure he realizes (though, surely...) that let's say he was short $2.00 and had a stop at $3.00, if the stock is halted or the...
Forum:
Stocks and ETFs
November 19th, 2015, 04:50 PM
Replies:
105
Trader loses 130k+ on short, owes eTrade 100k
Views:
30,000
Posted By
Big Mike
https://www.gofundme.com/jwctrek On his...
https://www.gofundme.com/jwctrek
On his GoFundMe page, it seems the comments are pretty harsh.
I think everyone needs to learn countless lessons in trading, but losing triple your account in a...
Forum:
Stocks and ETFs
November 19th, 2015, 04:48 PM
Replies:
105
Trader loses 130k+ on short, owes eTrade 100k
Views:
30,000
Posted By
Big Mike
Imagine losing every dollar in your current...
Imagine losing every dollar in your current account right now, in 2 hours, while you were away at a meeting. Then imagine tripling that loss and having to liquidate your retirement accounts for you...
Forum:
Stocks and ETFs
November 19th, 2015, 04:38 PM
Replies:
105
Trader loses 130k+ on short, owes eTrade 100k
Views:
30,000
Posted By
Big Mike
A long time ago a friend and I were both long the...
A long time ago a friend and I were both long the same tech for a few days. I didn't like it so much, and exited at the close. A few minutes after the after hours close, news broke of major fraud...
Forum:
Stocks and ETFs
November 19th, 2015, 04:33 PM
Replies:
105
Trader loses 130k+ on short, owes eTrade 100k
Views:
30,000
Posted By
Big Mike
Trader loses 130k+ on short, owes eTrade 100k
A trader started a GoFundMe page to pay back $100,000 to E-Trade after a disastrous short - Business Insider...
Showing results 1 to 18 of 18
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