Monday, April 27, 2009

people trying to scam under my name

so I know theres a couple people trying to scam under my name....First theres z06fanatic on AIM - thats not even my AIM name...watch out for that and any others - I'd give out the second name but that would reveal my AIM name and don't need scammers trying to make things any worse. I never need money from anyone so just tell them to fuck off if they message you. that is all!

Wednesday, April 22, 2009

Rake Race IV has started

Things have been going well as of late. Ive had a nice upswing in MTTs/SNGs which has led to a solid start to this rake race/a good month playing wise. I decided to cut my stats through the 15th of this month so I could track stats for the whole rake race. Anyways I ended up playing in those 15 days about 37 hours with 5385.36 in actual profit from playing. Since then I've gone on a 7k upswing so Im sure this month Im around +14k overall....So the rake race started on the 15th and Im barely breaking top 10. So far Ive gotten in a little under 50 hours, somewhat slacking the first week.....I dont really have a goal profit wise during this whole race, but I was hoping for around 40k...Im also playing mtts during this race as well as playing afternoons to somewhat offset the tougher games later at night.....I stopped MTTs in past races which probably cost me a couple thousand a month. Ive also started staking someone in MTTs as of late - hes a very good player whos taught me alot lately, so I figured this was definitely +ev.....so far hes already shipped the 20r for about 2k, so Im thinking this is a good idea. As far as the stocks, I ended up +550 or so then pulling out last sunday...this turned out to be good as monday was a big drop....the bottom line is the market had a huge upswing over hte past couple weeks and i assume is going to come down....I think though I might take the money and run cause really Im probably -ev with the little I know about it. I made a nice return and think I might just wait till I know a little bit more about what the fuck im doing. Oh well thats it for now - expect an update next month

+50k roughly on the year thus far

Tuesday, April 14, 2009

back to poker, stocks doin well thus far

So I finally got back to poker on sunday night....I ended up making around 1800 or so on Sun, then taking 2nd in the 20k last night for 3200, putting me around +5k on the month, excluding rb....The stocks have been pretty good as well - citigroup has nearly doubled and ge has gone up a decent amount - sirius has been holding steady so hopefully it starts heading in the right direction. so far im up 4-500 off the stocks, but I dont plan on making that much off them to begin with considering I only invested 2k.....anyways going golfing in a little bit before race cards starts 2nite - it should get interesting....I also started staking someone in MTT's recently so we'll see how that pans out - hes a real good player but with the variance in MTTs who knows what the results can be....def a +ev investment and hopefully it will work out well..that is all for now - stay classy san diego

Friday, April 3, 2009

Stock investing/small rant

So since I have a couple days off from poker I have more time to write out some ideas in these blogs and post a little more often...first off I decided to invest in the stock market....I've never invested in the market, I don't know shit about the market, but I'm still willing to take a small gamble for a couple thousand. Basically in my opinion, its a great time to invest in companies if you feel they can make it through this down economy. Alot of big companies that are going nowhere have seen their stock prices plummet but I'm sure they will come back up when the economy turns around...when that may be I do not know but I think we are starting to see the worst its going to get...Once again I dont know shit so dont listen to me :)...Heres my picks if your interested

1.Sirius (Siri) - So this stock took a plummet when it was announced they were filing bankruptcy....The reality is they had to dump a ton of money into infrastructure to create this company, and that also came with alot of debt....The fact of the matter is its a very profitable commodity - theyre the second largest subscriber company in the world, and with Howard Stern on their airwaves I don't think theyre going anywhere....I think the company might of been better not joining with XM, but I still think its a profitable investment...I wanted to get in when it was around 11 cents/share, but now its up to 34 cents/share...

2.Citi Group (C) - So the main reason I got interested in this was the fact that Citigroup isnt going anywhere - theyre a monster company that needs to stick around and the government wont let them fail.....there stock was around 55/share a couple years ago and bottomed around 1.11...it currently trades in the lower 2's, and I cant see this company ever going down...Sure the government owns about 30% of them now so at the very least I'll breakeven on this one....they have a new CEO and I think things will turn around...

3.GE - I dont know much about GE at all except its been very profitable over the past 20 years and has a good financial record...my parents like this stock alot and it is pretty low, so why not?

All in all these investments could be -ev but Im willing to take a chance.....Don't flame me for my picks or reasoning - I've never traded before and have no knowledge of the market, but I guess the gambler in me is coming out :)

So a quick rant - I really hate people who have to let everyone know how they went from a 10 dollar bankroll to making whatever they have in poker. First off poker is a business investment - who cares that you made money in poker, plenty of people do....Its not a great acheivement and doesn't take a genius to figure it out....You don't see people who own small businesses bragging how they made a small investment and have made 50,000 off of it....it happens all the time and is nothing new. In general too many people brag about poker earnings and have big egos about their game....unless your dominating your field of expertise, I don't see the need for it and really makes him or her look like a moron..

/rant