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LPIH - Longwei Petroleum Investment Holding - Page 3

post #41 of 102
4/6/10 at 1:50am
Thread Starter 
Quote:
Originally Posted by Curt D View Post
Yep, been reading up on it, and that's exactly what I was thinking.

Nothing says I have to use the margins funds, but at least I won't have to wait on funds to clear anymore.
I've had a margin account for a few years and have not once used the margin funds. Just be very careful when you're putting in your orders. At least for Scottrade and E*Trade, no warning appears telling you you've gone over what it's your account and are now dipping into margin funds. Shouldn't be a problem though, just don't be careless about it. And remember not to execute 4 round-trips in 5 business days or you'll get slapped w/ a pattern day trader restriction.
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post #42 of 102
4/6/10 at 1:55am
Thread Starter 
LPIH Chart. I think shorts began to cover when 2.50 broke. I think they are now covering again now that 2.70 has broken. Any short holding after seeing the revised guidance figures isn't firing on all cylinders to say the least.

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post #43 of 102
4/6/10 at 2:22am
Quote:
Originally Posted by RedStick View Post
I've had a margin account for a few years and have not once used the margin funds. Just be very careful when you're putting in your orders. At least for Scottrade and E*Trade, no warning appears telling you you've gone over what it's your account and are now dipping into margin funds. Shouldn't be a problem though, just don't be careless about it. And remember not to execute 4 round-trips in 5 business days or you'll get slapped w/ a pattern day trader restriction.
I just finished filling out the margins account request on my Ameritrade account and submitted it.

So, I don't know how long they'll take to approve it, but there'll be no more waiting on funds! Yippeeeeeee!!

I meet all the requirements for day trading, but I've never done more than 3 day trades in one week anyway, so it won't matter.
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post #44 of 102
4/6/10 at 2:31am
Thread Starter 
Quote:
Originally Posted by Curt D View Post
I just finished filling out the margins account request on my Ameritrade account and submitted it.

So, I don't know how long they'll take to approve it, but there'll be no more waiting on funds! Yippeeeeeee!!

I meet all the requirements for day trading, but I've never done more than 3 day trades in one week anyway, so it won't matter.
Good Curt. In short-time, you'll wonder how you ever made it without a margin account. And remember, no stock is worth subjecting yourself to losing more than your principal investment. Let those margin funds just sit there and look pretty.
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post #45 of 102
4/6/10 at 2:35am
Quote:
Originally Posted by RedStick View Post
Good Curt. In short-time, you'll wonder how you ever made it without a margin account. And remember, no stock is worth subjecting yourself to losing more than your principal investment. Let those margin funds just sit there and look pretty.
Right! Maybe a second mortgage, but never margin funds.
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post #46 of 102
4/6/10 at 2:45am
Thread Starter 
Quote:
Originally Posted by Curt D View Post
Right! Maybe a second mortgage, but never margin funds.
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post #47 of 102
4/6/10 at 3:10am
Thanks for the chart Red
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post #48 of 102
4/6/10 at 4:16pm
Quote:
Originally Posted by RedStick View Post
Good Curt. In short-time, you'll wonder how you ever made it without a margin account. And remember, no stock is worth subjecting yourself to losing more than your principal investment. Let those margin funds just sit there and look pretty.
That's what I use mine for. It's nothing more then wall decor.

GJ
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post #49 of 102
4/6/10 at 7:23pm
Quote:
Originally Posted by RedStick View Post
I've had a margin account for a few years and have not once used the margin funds. Just be very careful when you're putting in your orders. At least for Scottrade and E*Trade, no warning appears telling you you've gone over what it's your account and are now dipping into margin funds. Shouldn't be a problem though, just don't be careless about it. And remember not to execute 4 round-trips in 5 business days or you'll get slapped w/ a pattern day trader restriction.
Thanks for this info guys. Good stuff!! I opened a margin account and now the funds are available instantly instead of 3 days from now. Now I just have to be sure I don't use them. Sorry to get off topic from LPIH.
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post #50 of 102
4/6/10 at 7:46pm
Quote:
Originally Posted by Drewett27 View Post
Thanks for this info guys. Good stuff!! I opened a margin account and now the funds are available instantly instead of 3 days from now. Now I just have to be sure I don't use them. Sorry to get off topic from LPIH.
Wonder what the requirements are for one from ST- although
I still need to get out and over to AT
-the waiting period is ten days so after all the mid month stuff-
thanks for the info-sick of waiting for funds to clear
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post #51 of 102
4/7/10 at 5:38pm
Just got back from the Casino's and I was prying that we would have a idea of when we would be apl for AMEX....I don't see any news on that anywhere
I was also thinking after a few breaks over 2.70 that we would creep up to $3.00. Shows what i know
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post #52 of 102
4/7/10 at 6:37pm
Quote:
Originally Posted by markerinb View Post
Just got back from the Casino's and I was prying that we would have a idea of when we would be apl for AMEX....I don't see any news on that anywhere
I was also thinking after a few breaks over 2.70 that we would creep up to $3.00. Shows what i know
I gave up on this one today. Just wasn't moving quite fast enough for me. Kinda stalled out the last couple of days. I sold it so now I'm sure it will rocket up..LOL
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post #53 of 102
4/9/10 at 2:25am
PR out today....
RedChip Announces Corporate Video Presentations and CEO Interviews From Its 2010 New York Equities Conference Now Online
RedChip Announces Corporate Video Presentations and CEO Interviews From Its 2010 New York Equities Conference Now Online
Videos Feature Interviews and Executive Team Presentations by More Than 25 Emerging Growth Companies Apr. 8, 2010 (GlobeNewswire) --
ORLANDO, Fla., April 8, 2010 (GLOBE NEWSWIRE) -- RedChip Companies, Inc. today announced that video webcasts of CEO and executive team presentations made at the 2010 RedChip New York Equities Growth Conference at the NASDAQ MarketSite are now available online via the following link: http://www.redchip.com/conference/archive

All company presentations made at the two-day event (held March 23rd and 24th) will be archived and available at www.RedChip.com for 90 days.

In addition, interviews with CEOs and executive teams will be archived and available for viewing at RedChip.com for a minimum of 90 days.

The conference featured companies from the following industries: Biotechnology, Education, Telecommunications, Oil & Gas, Basic Materials, Consumer Services, Industrial Goods, Energy, Alternative Energy, Medical Devices, Precious Metals Mining, and more.

Some of the presenting companies included the following:

Newtek Business Services, Inc. (Nasdaq:NEWT); L & L Energy, Inc. (Nasdaq:LLEN); China GengSheng Minerals, Inc. (AMEX:CHGS); Longwei Petroleum Investment Holding, Ltd. (OTCBB:LPIH); and CerMed (Private).

For a full list of the companies who presented, please visit http://www.redchip.com/conference/pres
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post #54 of 102
4/9/10 at 1:57pm
This is out this morning.

http://finance.yahoo.com/news/RedChi....html?x=0&.v=1
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post #55 of 102
4/9/10 at 2:18pm
Nice volume this morning. Lets see if we start testing the next resistance level here soon.

GJ
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post #56 of 102
4/9/10 at 3:23pm
Up to $2.95
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post #57 of 102
4/9/10 at 8:18pm
Nice close, hopefully we will be testing the resistance at 3 by the end of next week.

GJ
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post #58 of 102
4/10/10 at 9:57pm
Quote:
Originally Posted by Gigolo Jason View Post
Nice close, hopefully we will be testing the resistance at 3 by the end of next week.

GJ
Thanks Jason,..now I can't get David Lee Roth out of my head!!
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post #59 of 102
4/12/10 at 1:36pm
Great start to the day! Now let's break through $3 and really take off!!!
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post #60 of 102
4/12/10 at 6:05pm
Quote:
Originally Posted by Gigolo Jason View Post
Nice close, hopefully we will be testing the resistance at 3 by the end of next week.

GJ
I love your avatar- very cool
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