IPSU Imperial Sugar Company - Stocks and ETFs Trading | futures io social day trading
futures io futures trading


IPSU Imperial Sugar Company
Updated: Views / Replies:1,912 / 13
Created: by westgawolf Attachments:2

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 2  
 
Thread Tools Search this Thread
 

IPSU Imperial Sugar Company

  #11 (permalink)
Elite Member
Cincinnati Ohio
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Futures Broker
Favorite Futures: AUD
 
Silver Dragon's Avatar
 
Posts: 1,597 since Feb 2011
Thanks: 3,860 given, 3,318 received

I would run as fast as I could away from a 3 dollar stock. I have whole journals worth of reasons from my early trading days. They almost always end badly! It has been my experience stocks under 5 dollars tend to drop faster and tend to stay low for very long periods of time than solid companies who's price is above 50. If I had to do it over again I would not touch anything below 50 bucks.. Ever!

As friend of mine once told me; there is a reason why they are 3 dollars a share. And its generally not good!

Consider this; the IPSU has droped 10% (40 cents) since January 3rd. If it drops another 40 cents it will have lost another 12% of its value. As you get closer to zero this % will continue to climb at a faster rate. If it loses a dollar then it will have decreased by 30%. A $3000 investment would then be worth $2000 and some change.
its not worth it!! RUN FOREST RUN!!!!

SD

nosce te ipsum

You make your own opportunities in life.
Reply With Quote
 
  #12 (permalink)
Elite Member
North Port, Florida
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: IB
Favorite Futures: 6E ES
 
Tiberius's Avatar
 
Posts: 1,539 since Feb 2010
Thanks: 2,902 given, 3,330 received


Silver Dragon View Post
I would run as fast as I could away from a 3 dollar stock. I have whole journals worth of reasons from my early trading days. They almost always end badly! It has been my experience stocks under 5 dollars tend to drop faster and tend to stay low for very long periods of time than solid companies who's price is above 50. If I had to do it over again I would not touch anything below 50 bucks.. Ever!

As friend of mine once told me; there is a reason why they are 3 dollars a share. And its generally not good!

Consider this; the IPSU has droped 10% (40 cents) since January 3rd. If it drops another 40 cents it will have lost another 12% of its value. As you get closer to zero this % will continue to climb at a faster rate. If it loses a dollar then it will have decreased by 30%. A $3000 investment would then be worth $2000 and some change.
its not worth it!! RUN FOREST RUN!!!!

SD

stocks under $5 have no institutional support .............

Reply With Quote
 
  #13 (permalink)
Elite Member
Cincinnati Ohio
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Futures Broker
Favorite Futures: AUD
 
Silver Dragon's Avatar
 
Posts: 1,597 since Feb 2011
Thanks: 3,860 given, 3,318 received


Here is one from my journal from 2003: FNSR ( see attached pic from my journal)

If it was not for the 1 for 8 reverse stock split it would still be under 5 bucks.

At the time it was a good looking chart.

There was another one, HLTH if I remember the ticker correctly. Healthgrades.com was the company name I think. Anyways it was suppose to be the next big .com. I bought it at 3 and then sold at a 1.25 a year later. Ouch!! soon after it went below 1.00 and was delisted.

2 very good reasons to stay away!

SD

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

nosce te ipsum

You make your own opportunities in life.
Reply With Quote
The following user says Thank You to Silver Dragon for this post:
 
  #14 (permalink)
Elite Member
Atlanta, Georgia
 
Futures Experience: Beginner
Platform: MBT Nav Pro/TOS
Broker/Data: MB Trading
Favorite Futures: TF
 
westgawolf's Avatar
 
Posts: 18 since May 2011
Thanks: 13 given, 12 received

I think this statement, which I found buried in the last paragraph of the auditor's report in the 10-K, says all I need to know about this company:

...the Company’s operating losses, pension plan contributions and capital expenditures...have consumed a significant amount of the Company’s liquidity and that raises substantial doubt about its ability to continue as a going concern...

I guess it's time to look for opportunity elsewhere!

Reply With Quote

Reply



futures io > > > > IPSU Imperial Sugar Company

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
F Ford Motor Company Big Mike Stocks and ETFs Trading 40 October 29th, 2015 01:46 PM
HPQ - Hewlett Packard Company Big Mike Stocks and ETFs Trading 10 October 5th, 2014 04:10 PM
Trading SB - Sugar No.11 Fat Tails Commodities Futures Trading 21 May 1st, 2014 03:23 PM
'Sugar High That Has Buoyed US Economy Is Wearing Out' Quick Summary News and Current Events 0 June 1st, 2011 03:10 PM
InteractiveBrokers IB data feed error with SB (sugar) meyer99 Reviews of Brokers and Data Feeds 23 November 27th, 2010 06:18 PM


All times are GMT -4. The time now is 01:11 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-16 in 0.07 seconds with 20 queries on phoenix via your IP 54.91.38.173