Quote from: highlevelminer on May 06, 2012, 11:27:07 PM

Okay so you are looking for high quality well known stocks that are expected to increase in price before closing up to 7 days from now?

If so I can definitely take care of it.

What, with your incredible business skills as evidenced in your thread valuing your nonexistant company at half a million dollars?

bitpop, there is no substitute for doing your own research. I make a fair amount from investing, certainly more than I've ever made with money in any fund (a $20bn fund can't move like a little $20k portfolio can Tongue

) but I'd never suggest someone individual stocks which they're then going to purchase solely on my advice. If you pick up a large position and I'm wrong, you lose substantial cash, and since I'll probably have the same position, I don't want what's already a crap day being compounded by having ruined someone else's.

Also, there are surprisingly few good long positions about at the moment, the last really major one I got into was early december last year: GKP.L - small oil company with drilling rights to the largest untapped oil field on land anywhere on earth. Was expecting Exxon/Chevron/BP to make a buyout, bought at 166.85, sold at 310.02. A good month Wink

I've also been short AAPL since ~635, which resulted in a minor heart attack when their Q1 earnings report came out and the stock jumped >6% in post-market Tongue

If you want a "pick" for today I'm afraid you're out of luck, it's 5:21am UK right now and when the markets open in a few hours it's going to be chaotic.
Europe is now beyond fucked (well, it always was, but now people are forced to take notice Tongue

).
Greece is making baby-steps back towards democracy. Trouble is that the Greek electorate won't stand for paying for German/French banks and as a result no democratically elected government will keep greece out of default. This will bring down Portugal as well, and the dominos, one by one, fall.
France now has a president that will refuse to make the spending cuts required for the government there to live within its means. French banks have exposure of ~700bn euros in spain, italy, portugal, ireland and greece, which is under threat as a result of the aforementioned impending greek crisis.

The issue is really how governments will respond. What I'd expect is:
Short term: Market down, some sectors way down.
Medium term: Market up artificially as central banks attempt to hold governments/failing banks back from the brink. Currencies effectively devalued dramatically.
Long term: Who knows? Japan could implode any year now and knock another $5Tn hole in the global financial system. There's a lot of debt/derivatives out there that are on a very risky footing.