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mike- posted:Here is another interesting perspective on the Facebook/Whatsapp buyout, from a defensive move perspective. More importantly, it gives thoughts on valuation for preemptive actions. This was a great read.
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# ? Feb 26, 2014 21:59 |
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# ? Jun 1, 2024 07:46 |
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alnilam posted:I've been having fun this week buying weekly 185 SPY puts any time the S&P dawdles above 1850, and then selling down in the 1840s. Been scalping a nice 20-30% each time, so even with small investments it's been nice. If you have some money to throw around having a small position does not hurt. I shorted some SPY in the new highs just in case.
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# ? Feb 27, 2014 03:22 |
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New highs and then consolidation(with small caps going higher) is a dangerous short.nebby posted:I know it's not really trading per se, but as most probably know Mt.Gox, the main bitcoin exchange, evaporated and several hundred million dollars worth of bitcoins went with it. If you need a reminder of why you should have stops in place, hedge, avoid leverage, and diversify your investments this thread of people who literally lost millions on this might be worth scanning through: Mtgox is a cautionary tale against unregulated or poorly regulated foreign brokers more than anything else though. In the US something like mtgox would never happen, when MF global went under no client lost money despite it violating regulations regarding the separation of client and company accounts. Gamesguy fucked around with this message at 04:52 on Feb 27, 2014 |
# ? Feb 27, 2014 04:42 |
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Gamesguy posted:New highs and then consolidation(with small caps going higher) is a dangerous short. Also a reminder not to put all your money in the accounts of Magic the Gathering Online Exchange.
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# ? Feb 27, 2014 05:05 |
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Yeah my point was less about MtGox per se, and more about that thread letting you see directly the result of the greed that led to irresponsible risk taking and in turn financial ruin. The same psychological urges that caused people to put their life savings into bitcoin also cause people to gamble in the stock market recklessly.
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# ? Feb 27, 2014 05:18 |
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berzerker posted:Also a reminder not to put all your money in the accounts of Magic the Gathering Online Exchange. The funny thing is that it is the true meaning of MTGOX
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# ? Feb 27, 2014 07:50 |
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Gamesguy posted:New highs and then consolidation(with small caps going higher) is a dangerous short. I don't see why this can't happen to US brokers. There are zero US regulations regarding bitcoin traders and brokerages. There's no federal insurance to protect speculators from fraud or incompetence.
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# ? Feb 27, 2014 08:13 |
I think he means brokers in the real world aka not bitcoin brokers
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# ? Feb 27, 2014 08:16 |
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lostleaf posted:I don't see why this can't happen to US brokers. There are zero US regulations regarding bitcoin traders and brokerages. There's no federal insurance to protect speculators from fraud or incompetence. There are, actually. FinCen has issued guidance, and MtGox actually had $5.5M they had in the US seized a year ago for violating the rules. Deposits may not be FDIC insured, but the problems that brought Gox down in Japan (fantastically poor record-keeping and management) would be illegal here. The reason there isn't a US-based bitcoin exchange right now, is because everyone who has tried to set one up has run afoul of alert regulators and banks.
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# ? Feb 27, 2014 09:42 |
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Been riding this JCP wave the past couple weeks. Re-bought at $5.25 the other day, big up day for me! edit: aaaaaaaaand I'm out. jvick fucked around with this message at 16:23 on Feb 27, 2014 |
# ? Feb 27, 2014 16:00 |
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jvick posted:Been riding this JCP wave the past couple weeks. Re-bought at $5.25 the other day, big up day for me! Congrats!
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# ? Feb 27, 2014 17:06 |
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I bought FSLR calls ahead of their earnings report on Tuesday. It didn't go well, and the stock was down 9% as a result. I happened to buy Mar calls instead of weeklys since the premium wasn't too different, so I wasn't going to do anything with my options that were now way OTM... except that it's now up 8% today. Stocks, why you so cray cray?
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# ? Feb 27, 2014 21:42 |
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Up 200%+ on some indice calls again, hope nobody tried to short this.
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# ? Feb 28, 2014 17:37 |
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quote:Up 200%+ on some indice calls again, hope nobody tried to short this. I've been trying out some more active trading with small'ish money over the last couple months. So far the lesson I've learned is that this is super easy and stocks only go up. God I'm going to get destroyed (no actual worries, my significant investments are still in boredom land). VVV: Whoops - sorry for triggering all that. jmzero fucked around with this message at 22:34 on Feb 28, 2014 |
# ? Feb 28, 2014 17:48 |
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So I have some extra U.S cash in my investing account $1500 (I'm Canadian) and I want to use it up. I'm thinking of either AIG or Bank of America for a long term stock hold that I would just forget about. Leaning towards AIG because I feel like it has more upside. Any thoughts?
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# ? Feb 28, 2014 17:58 |
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dogpower posted:So I have some extra U.S cash in my investing account $1500 (I'm Canadian) and I want to use it up. Why not SPY if you're looking for a long-term holding? I like WFC as a long term financial holding. Both pay a bigger yield.
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# ? Feb 28, 2014 18:13 |
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Gamesguy posted:Up 200%+ on some indice calls again, hope nobody tried to short this. I did short some of it but not much so I am willing to take these losses. Waiting a little longer in my shorts. The USD is getting burned and inflation rising sad to see this happening. jmzero posted:I've been trying out some more active trading with small'ish money over the last couple months. So far the lesson I've learned is that this is super easy and stocks only go up. This is painful to read. Never ever believe this. Lazy Broker fucked around with this message at 18:32 on Feb 28, 2014 |
# ? Feb 28, 2014 18:26 |
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Sanky Panky posted:I did short some of it but not much so I am willing to take these losses. Waiting a little longer in my shorts. Safe as houses.
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# ? Feb 28, 2014 19:11 |
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Sanky Panky posted:This is painful to read. Never ever believe this. Holy poo poo you really couldn't tell he was being sarcastic?
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# ? Feb 28, 2014 19:55 |
resident posted:Holy poo poo you really couldn't tell he was being sarcastic? Wanted to post this, didn't want to sound like a dick.
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# ? Feb 28, 2014 19:59 |
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resident posted:Holy poo poo you really couldn't tell he was being sarcastic? I have seen worse posts in this thread.
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# ? Feb 28, 2014 20:18 |
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Sanky Panky posted:I have seen worse posts in this thread. After all that stuff about Australia not too long ago, I don't know what to believe.
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# ? Feb 28, 2014 20:30 |
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lightpole posted:Safe as houses.
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# ? Feb 28, 2014 21:01 |
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Sanky Panky posted:I have seen worse posts in this thread. Read the sentence right after that one, I think.
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# ? Feb 28, 2014 21:22 |
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Sat on my hands too long and got scared out by that bear trap. FML.
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# ? Feb 28, 2014 22:36 |
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My VIX puts were doing great until noon or so! Ouch...
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# ? Mar 1, 2014 00:11 |
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nebby posted:Who said this again and what happened to them? IIRC this was said in reference to loving ZNGA, so did that guy just bow out after getting eviscerated?
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# ? Mar 1, 2014 01:01 |
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tiananman posted:Why not SPY if you're looking for a long-term holding? I like WFC as a long term financial holding. Both pay a bigger yield. The majority of my money is in index investing but using Canadian money. I converted some Canadian money to U.S when it was a 1:1 parity and used the U.S money to buy some U.S stocks
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# ? Mar 1, 2014 01:13 |
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nebby posted:Who said this again and what happened to them? IIRC this was said in reference to loving ZNGA, so did that guy just bow out after getting eviscerated? Was used ironically but I think the context was perfect.
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# ? Mar 1, 2014 06:21 |
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Nice bounceback week for Target. Wish it made it to $53 first to hit my second buy trigger but its nice to be back in the green a little bit (got in at $59 on the way down).
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# ? Mar 1, 2014 07:51 |
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How is it legal for Cook to say what he said about Apple's energy initiatives? As cool as it was for him to say it (even if it's just a bunch of ) his legal responsibility is ROI.
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# ? Mar 1, 2014 14:34 |
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Pudgygiant posted:How is it legal for Cook to say what he said about Apple's energy initiatives? As cool as it was for him to say it (even if it's just a bunch of ) his legal responsibility is ROI. Because it's not illegal. Contrary to what many people believe, corporations are about more than maximum profit. If the shareholders don't like it they can vote in a new board and replace the management.
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# ? Mar 1, 2014 22:02 |
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What does "Fund is long the November 2014 convertible bond and short a 70% equity delta. Parity 101%" mean? What's a 70% equity delta.
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# ? Mar 1, 2014 23:02 |
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MrBigglesworth posted:I manually got out of TSLA at 212 from 61 instead of letting my trailing limit work as I used to. I never understand why people don't use staggered trailing stops, rather than selling 100% of their position. Are people that locked into boolean thinking?
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# ? Mar 2, 2014 00:35 |
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tiananman posted:After all that stuff about Australia not too long ago, I don't know what to believe. I was curious about this and went back to read the last few pages and, wow, holy poo poo. That was like every single conversation I've had with my older relatives who are mystified as to why I don't want to buy my first home yet, and honestly, genuinely believe that the housing market will always go up.
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# ? Mar 2, 2014 04:42 |
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So I've stashed away about $25,000 I plan to invest/gamble on the market. Unfortunately, I'm a lawyer, and my firm's policy forbids "speculative" investments (options, shorts), and makes it difficult to trade individual stocks (I need compliance clearance before trading, can potentially be locked into a position for several months or longer). As such, I'm planning on sticking largely with ETFs for my investment needs, although I'd be welcome to individual long-term stock picks. I'm currently focused on optimizing my returns/liquidity on a 3-5 year horizon, as I have semi-concrete plans to start my own firm with a friend in that time frame, rather than paying off my student loans or planning for retirement. Any input on my asset allocation/fund choices, outlined below? My thoughts are that I expect a sideways year for the stock market, given the historic highs and (relatively) weak economy. I realize this portfolio has a lot of exposure to interest rate risk, and would also appreciate any cheap ways to hedge interest rate risk (maybe a short treasury ETF?) -15% BDC ETFs (BDCS?) -10% REITs (KBWY/REM?) -15% High-Yield Bonds (HYLD/BKLN/ANGL?) -15% Preferred Stocks (PGX/PXFX?) -10% MLPs (KYN?) -15% Dividend Funds/Stocks (VYM/SDOG/BPT?) -15% Growth Funds/Stocks (DXJ/no idea) -5% Convertible Bonds (CWB)
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# ? Mar 2, 2014 19:33 |
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Went ahead and bought the 20 most shorted stocks on the NYSE as % float at the start of this year since I'm too lazy to prove the same point with backtesting. We'll see how it goes! e: not with real $ obviously, just curious
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# ? Mar 3, 2014 03:48 |
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nebby posted:Who said this again and what happened to them? IIRC this was said in reference to loving ZNGA, so did that guy just bow out after getting eviscerated? lol i forgot about this. yeah i htink he was referencing znga or gourpon lol
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# ? Mar 3, 2014 04:21 |
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Fuschia tude posted:I never understand why people don't use staggered trailing stops, rather than selling 100% of their position. Are people that locked into boolean thinking? when youre wrong youre wrong.
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# ? Mar 3, 2014 04:22 |
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# ? Jun 1, 2024 07:46 |
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Picked up some RSX and US indice calls. Smallish position betting the Ukraine situation de-escalates.
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# ? Mar 3, 2014 19:05 |