Someone explain this to me please!!

Last post 06-09-2008 1:56 PM by wallstreet121. 19 replies.
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  • 06-06-2008 1:33 AM

    Someone explain this to me please!!

    I've asked before gonna ask again....the person in 1st place in the permanent portfolio anni is trading options and I wanna know how? I swear I read no option trading here?

    check out AXO

    Oh and I sent an email to support about this...the reply was...it's ok to trade the the stocks under that option

  • 06-06-2008 5:05 AM In reply to

    Someone explain this to me please!!

    Beats the hell out of me. - The Imax! ®

  • 06-06-2008 12:25 PM In reply to

    Re: Someone explain this to me please!!

     What option??? I thought there were no options on WSS?

  • 06-06-2008 1:03 PM In reply to

    Re: Someone explain this to me please!!

     There is no Options trading YET on this site, but it may come later this fall.

    AXO looks like it is a penny stock - currently trading at 40 cents. Those stocks move very quickly up or down so that's how they're wining - by being on the right side of that stock's movement.

    AXO: http://www.wallstreetsurvivor.com/Public/Research/Quotes.aspx?symbol=AXO 

  • 06-06-2008 1:07 PM In reply to

    Re: Someone explain this to me please!!

    Had we all been able to play options, most of us could probably dig ourselves outta deez here holes.  I find myself lookin' round and all I see is dirt till I look up and see the top of the wall way up there.   Options huh?  I wonder how they get to do that?  If I figure it out I'll post it here.  Probably won't though, but I'll chk back to see if anyone else does.

  • 06-06-2008 1:28 PM In reply to

    Re: Someone explain this to me please!!

    it looks like someone is rigging the game

  • 06-06-2008 1:47 PM In reply to

    Re: Someone explain this to me please!!

    No penny stocks are very volitale.  i had a friend who use to work as a stock broker.  he avoided them like the plague and told

    his clients to as well.  If you are not on the up swing and get in and get out when it is time to you can lose big.

  • 06-06-2008 1:47 PM In reply to

    Re: Someone explain this to me please!!

    Well, if that person can trade AXO and make money, then you can trade AXO and make money (as long as you are on the right side of it, and since you can't short anything under $3 we know which side thta would be).  So, what's the problem.

    When I read about or find out about a stock or company I am interested in, I always check the symbol to see if it is traded on WSS, some are and some aren't. 

    HOWEVER, I just tried to buy some AXO and was told that it was not a valid stock symbol.  So I kind of think something is fishy, too!  Since the value of the stock is $0.40 per share, it is above the $0.25 limit, so that is not the problem.  How can one person buy it and not another?

  • 06-06-2008 1:55 PM In reply to

    Re: Someone explain this to me please!!

    Yah thats crazy

  • 06-06-2008 3:38 PM In reply to

    Re: Someone explain this to me please!!

    Every time I try to buy a stock with a price less than $3 it will not allow the trade.   Either going long or short.  I think.  I know for sure I can't short any below $3.  Nor buy any listed as a pink sheets stock.  over the counter bulletin boards are ok though.

  • 06-06-2008 4:05 PM In reply to

    Re: Someone explain this to me please!!

    Anni traded AXO and the company was delisted, as a result the symbol changed to AXSO OTC stock. All portfolios have been audited to reflect the new position.
  • 06-06-2008 4:06 PM In reply to

    Re: Someone explain this to me please!!

    got me

  • 06-06-2008 4:06 PM In reply to

    Re: Someone explain this to me please!!

    got me

  • 06-06-2008 9:33 PM In reply to

    Re: Someone explain this to me please!!

    Ummm excuse me but.....

    AMEX FRO SETTLEMENT INDEX SM AAPL (AXO)

    -->
    Symbol
    Range
    Near-the-Money More All
    Type
    Calls And Puts Calls Puts Call Matrix Put Matrix Pricer Straddles Strangles Covered Calls Call Spreads Put Spreads Collars Calendar Call Spreads Calendar Put Spreads Diagonal Call Spreads Diagonal Put Spreads Implied Volatility Butterfly Call Spread Butterfly Put Spread Iron Condor Spread Combos (short put/long call) Futures Chain
    Expiration
    Jun 08 Jul 08 Oct 08 Jan 09 All Leaps All+Leaps

    Pennies are Here! Pennies
    Are Here!
    Find SymbolFind Symbol / Futures Include Adjusted / Non-standard Options

    AMEX FRO SETTLEMENT INDEX SM AAPL
    Time & Sales | Chart | Volatility View | News 
    Symbol Last Change Bid Ask High Low Volume Chart AXO
    AXO 187.64 -0.55  187.64 187.64 188.98 187.63 0 1 Day Chart
    AXO Expiration Months: Jun 08 | Jul 08 | Oct 08 | Jan 09
    Calls
     
    Puts
    Disable Roll Overs
    Symbol Last Chg Bid Ask Vol OpInt Action Strike Symbol Last Chg Bid Ask Vol OpInt Action
    show/hide Jun 08 Calls (14 days to expiration) AXO @ 187.64 Jun 08 Puts
    .AXOFP 0.77 0.07 0.60 0.69 02 74 Trade  180.00 .AXORP 0.54 0 0.31 0.41 00 01 Trade 
    .AXOFQ 0.58 -0.02 0.58 0.61 160 62 Trade  185.00 .AXORQ 0.43 0 0.42 0.52 00 05 Trade 
    .AXOFR 0.50 0.05 0.36 0.46 04 138 Trade  190.00 .AXORR 0.58 0 0.54 0.63 00 100 Trade 
    .AXOFS 0.38 -0.02 0.25 0.35 01 37 Trade  195.00 .AXORS 0.62 0 0.65 0.75 00 04 Trade 
    Action
      
     
     
    Sorry but this is an option not a penny stock ...when you look for that symbol here it comes up AXSO...
  • 06-06-2008 9:37 PM In reply to

    Re: Someone explain this to me please!!

    MNG being played by the 3rd in rank is also a option

    AMEX MINI NATURAL GAS INDEX (MNG)

    What the heck?

  • 06-06-2008 9:52 PM In reply to

    Re: Someone explain this to me please!!

    Also anni has been trading since 10/7/07 = 8 months and if this has been a penny stock the whole time with just a name change then tell me how she made $400,000+ in this amount of time since the stock has not been over .84 in the last 52 weeks and is now trading currently at .48 and the rules say you cant spend more than $25,000 on any single stock...look at the date when anni started, the stock was around the .84 a share and has dropped the middle of Oct and has never made any gains above the 200 ma until the middle of May.

     stock chart

     

     

  • 06-08-2008 5:25 AM In reply to

    Re: Someone explain this to me please!!

    bump

  • 06-08-2008 6:44 AM In reply to

    Re: Someone explain this to me please!!

    Did not know we could do options

  • 06-08-2008 3:51 PM In reply to

    Re: Someone explain this to me please!!

    We cant, but somehow some people are being allowed to

  • 06-09-2008 1:56 PM In reply to

    Re: Someone explain this to me please!!

    bump

     

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