*Under construction - will include info on getting started so you don't have to keep asking* Understanding the basics of finance and investing: Spoiler: Original Post 2012 I think we should start a discussion on the stock market. Please don't merge this with the financial thread, as they are two different topics. I am currently long AAPL. Average weighted cost is about $140 so I am sitting pretty with 65 shares. My plan is to sell after the iPhone 5 hype hits the market. Expectation for price range is 650-675 for me to sell. I am also holding a few bio stocks. These are highly speculative so do your due diligence and realize that you may gain or LOSE a LOT of money playing these. 1) ARNA - Arena Pharmaceuticals. Got in at $6 and rode it through PDUFA approval. Should've sold on pop but I got emotional and thought I'd make more. I cashed out a $1.3k profit. Still holding 1025 shares and am down about $3k on those now. I think the long term potential of this stock is very good so I am holding for 1-2 years. My price target to sell is $17-22. I think its possible to hit this due to VVUS drug being highly risky and the IP protection for ARNA is much better. Possible buyout by a large pharma is also in play. 2) TLON - Talon Therapeutics - Highly speculative play. ADCOM was 7-4 with 2 abstentions. Small cap bio. I was up about 35% on the stock as I bought in at 1.40..ran up to 1.80. I should have sold and made a $2.5k profit but I got greedy.. Next day it dropped 40% followed by another 10% drop the next day. It is slowly going to build back up before its PDUFA date on 8/12. I'm down about $3k after the raid so I'm just hoping to break even now. What else..Banks I'm holding BAC and C. Both have been fvking horrible for me. Down 30-40% on both. Everytime I buy a bank stock it drops big. Medium sized positions so Im just going to hold for a few years and hope they turn it around. Discuss what you are holding, market/stock theories, and give/take advice. Lets see what we can do. Also - a good place to learn and follow retail investors is StockTwits.com . Sometimes you can find good leads on there but you should always do your OWN due diligence.