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mike-
Jul 9, 2004

Phillipians 1:21

a cop posted:

Yeah I was speaking to their entertainment value. What's great is that there are just as many people "arguing" both sides.

Who needs yahoo finance when there is this thread for entertainment?

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Drunk Beekeeper
Jan 13, 2007

Is this deception?
Robinhood: stock trading from the convenience of your toilet.

Vatek
Nov 4, 2009

QUACKING PERMABANNED! READ HERE

~SMcD

Drunk Beekeeper posted:

Robinhood: stock trading from the convenience of your toilet.

They should have a stock screener where you swipe left or right if you like the stock or not and it watchlists it for you. Call it Tradr or something.

poo poo, I should go copyright that.

Trash Trick
Apr 17, 2014

Is TRCH down solely because of the oil market? Seems like a good buy given their financials? Am I missing something or are they steadily growing with inverse stock prices??

e: I did some reading and I see it's not as simple as I thought in terms of reading the balance sheet. Quick BVPS calculation says the stock's book value was 0.93 as of their last quarterly report, which is still a fair shake higher than what it's been trading at recently. I'd like more input on what to look for in terms of a company's financials if anyone would be willing to share.

Trash Trick fucked around with this message at 06:40 on Jan 24, 2015

Nifty
Aug 31, 2004

We thought the dude was joking about the "batman" technical signal, but this unironic article on TraderPlanet about analyzing GOOGL is no joke talking about the "BULLISH BAT" AND "BULLISH SHARK" signals which is ahhhhhhhhh

http://www.traderplanet.com/commentaries/view/167906-don-t-be-fooled-by-this-strength-in-goog/

District Selectman
Jan 22, 2012

by Lowtax
I call it "it went down once and then back up, and now it's down, so I think it will go back up again"

I don't know why, but Bullish Bat followed by Bullish Shark sounds like a UFC combo, and I hear Joe Rogan in my head. OH MY GOD ITS A BULLISH BAT BULLISH SHARK COMBO!!! HAVE YOU EVER SEEN ANYTHING LIKE THIS?!?

Komisar
Mar 31, 2008

a cop posted:

Is TRCH down solely because of the oil market? Seems like a good buy given their financials? Am I missing something or are they steadily growing with inverse stock prices??

e: I did some reading and I see it's not as simple as I thought in terms of reading the balance sheet. Quick BVPS calculation says the stock's book value was 0.93 as of their last quarterly report, which is still a fair shake higher than what it's been trading at recently. I'd like more input on what to look for in terms of a company's financials if anyone would be willing to share.

You're missing something. They're cash-flow negative and they're funding all their operations by massive amounts of borrowing. They're not making a profit and with oil prices what they are now they're not going to be making a profit any time soon. Their loans will come due. Their total current liabilities >>>>>>>>> their cash and cash equivalents. They won't be able to pay their debts and will go bankrupt. Run for the hills.

LLCoolJD
Dec 8, 2007

Musk threatens the inorganic promotion of left-wing ideology that had been taking place on the platform

Block me for being an unironic DeSantis fan, too!

Nifty posted:

We thought the dude was joking about the "batman" technical signal, but this unironic article on TraderPlanet about analyzing GOOGL is no joke talking about the "BULLISH BAT" AND "BULLISH SHARK" signals which is ahhhhhhhhh

http://www.traderplanet.com/commentaries/view/167906-don-t-be-fooled-by-this-strength-in-goog/

I am a prophet of profits. :smug:

Cheesemaster200
Feb 11, 2004

Guard of the Citadel
I love it when analysts modify price targets and/or ratings directly after a company submits altered guidance and then say it is because of other reasons not related to the earnings release or what was said on the conference call.

Being an analyst must be a pretty easy job.

Guinness
Sep 15, 2004

Cheesemaster200 posted:

Being an analyst must be a pretty easy job.

The joys of no accountability!

Anubis
Oct 9, 2003

It's hard to keep sand out of ears this big.
Fun Shoe
Alright, so I'm thinking of stepping into a longish play for oil drilling operators on the theory that oil will recover. As of now I've seriously looked into 3 potential options:

The "safe" play of the IEZ etf, that doesn't provide the potential catastrophic risk of bankruptcy that the next two options might. They have a fair amount of investment in onshore operations so prices wouldn't have to recover quite so much to see an effect but I'd still expect to see a reasonable jump as oil prices eventually run up above $65 again.

DO (Diamond Offshore Drilling Inc) would be what I'd refer to as "middle of the road" in terms of risk in this play. They have a fair amount of debt to equity, but are reasonably positioned and could likely survive longer than most in the offshore drilling market if the oil downturn went on for an extended time.

Then there is SeaDrill (SDRL). Oh lord. I actually owned some Seadrill for quite awhile and got out in may of last year, thank Christ. They have a rather insane debt to equity ratio but also have some decent contracts to keep them going at least through 2Q 2016 and likely beyond (balloon payments will come due in 2016 and 2017 which seems to be most people's concern), unless things really go tits up. Of the big drillers they are often pointed as the most likely to fail, and are discounted appropriately for the risk. They also are now embattled in a lawsuit with stock owners based on management's statements on how the dividend was safe just a quarter before the crashing of oil prices caused them to completely eliminate the rather large dividend, which honestly was always the most attractive part of their stock.

Anyone have any thoughts/opinions on the matter they care to share?

Anubis fucked around with this message at 16:40 on Jan 25, 2015

Inverse Icarus
Dec 4, 2003

I run SyncRPG, and produce original, digital content for the Pathfinder RPG, designed from the ground up to be played online.

Anubis posted:

Anyone have any thoughts/opinions on the matter they care to share?

My dad owns a heck of a lot of SeaDrill, and tried very hard to get me to buy in on his "hot stock tip." Really glad I sat it out. I'm pretty sure he's out 60k on his trade and I don't ever see the dividend coming back. I don't think he owned it near long enough to break even.

I think there's going to be blood in the water before oil comes back. There are a lot of different things people THINK the Saudis could be doing by keeping prices so low, but the one I ascribe to is that they're hoping the newer fracking and drilling companies in modernized countries will falter under low prices, leaving them to either go under and be liquidated, or be bought outright by other mega-oil-companies.

If that happens, I have no idea which companies will just go under, which companies might survive and thrive on their own, or which companies might be prime buyout opportunities. Because of that, I'm completely out of oil right now.

Sorry my two cents aren't worth more!

Arkane
Dec 19, 2006

by R. Guyovich

Anubis posted:

Alright, so I'm thinking of stepping into a longish play for oil drilling operators on the theory that oil will recover. As of now I've seriously looked into 3 potential options:

The "safe" play of the IEZ etf, that doesn't provide the potential catastrophic risk of bankruptcy that the next two options might. They have a fair amount of investment in onshore operations so prices wouldn't have to recover quite so much to see an effect but I'd still expect to see a reasonable jump as oil prices eventually run up above $65 again.

DO (Diamond Offshore Drilling Inc) would be what I'd refer to as "middle of the road" in terms of risk in this play. They have a fair amount of debt to equity, but are reasonably positioned and could likely survive longer than most in the offshore drilling market if the oil downturn went on for an extended time.

Then there is SeaDrill (SDRL). Oh lord. I actually owned some Seadrill for quite awhile and got out in may of last year, thank Christ. They have a rather insane debt to equity ratio but also have some decent contracts to keep them going at least through 2Q 2016 and likely beyond (balloon payments will come due in 2016 and 2017 which seems to be most people's concern), unless things really go tits up. Of the big drillers they are often pointed as the most likely to fail, and are discounted appropriately for the risk. They also are now embattled in a lawsuit with stock owners based on management's statements on how the dividend was safe just a quarter before the crashing of oil prices caused them to completely eliminate the rather large dividend, which honestly was always the most attractive part of their stock.

Anyone have any thoughts/opinions on the matter they care to share?

Someone that I follow on a different forum is very high on Hornbeck/HOS, which services offshore oil:

http://www.freenpv.com/?p=457

I have no opinion on it myself. Don't own any. May be an interesting read to you or give you ideas.

flowinprose
Sep 11, 2001

Where were you? .... when they built that ladder to heaven...

Inverse Icarus posted:

I think there's going to be blood in the water before oil comes back. There are a lot of different things people THINK the Saudis could be doing by keeping prices so low, but the one I ascribe to is that they're hoping the newer fracking and drilling companies in modernized countries will falter under low prices, leaving them to either go under and be liquidated, or be bought outright by other mega-oil-companies.

If that happens, I have no idea which companies will just go under, which companies might survive and thrive on their own, or which companies might be prime buyout opportunities. Because of that, I'm completely out of oil right now.

Sorry my two cents aren't worth more!

So why not buy some of those mega-oil companies, which are going to benefit long-term by buying out the faltering fracking businesses at pennies on the dollar?

Dr. Eldarion
Mar 21, 2001

Deal Dispatcher

Just put some money into VDE and be done with it.

Inverse Icarus
Dec 4, 2003

I run SyncRPG, and produce original, digital content for the Pathfinder RPG, designed from the ground up to be played online.

flowinprose posted:

So why not buy some of those mega-oil companies, which are going to benefit long-term by buying out the faltering fracking businesses at pennies on the dollar?

Because I'm a worrier. :ohdear:

sleepy gary
Jan 11, 2006

FXCM is fun to watch.

Trash Trick
Apr 17, 2014

DNova posted:

FXCM is fun to watch.

It's insanely entertaining. I have a bunch at 2.73 so I'm pulling for it..just want to break even so I can buy the next time it dips.

sleepy gary
Jan 11, 2006

Man, you might want to cut and run at 2.63, but who knows with this thing.

I really thought it would be down 30-50% today after a bunch of level-headed analysis came out on Friday.

the worst thing is
Oct 3, 2013

by FactsAreUseless

DNova posted:

Man, you might want to cut and run at 2.63, but who knows with this thing.

I really thought it would be down 30-50% today after a bunch of level-headed analysis came out on Friday.

You mean the Citi rating? It's possible to be level-headed, and also wrong. That said, I am itching to get out soon.

Trash Trick
Apr 17, 2014

Ya I got out at 2.62. Going to hop back in when it feels right though. Love volatile bullshit like this.

District Selectman
Jan 22, 2012

by Lowtax
It will be entertaining if FXCM can't pay off their $300M payday loan :kiddo:

sleepy gary
Jan 11, 2006

Tautologicus posted:

You mean the Citi rating? It's possible to be level-headed, and also wrong. That said, I am itching to get out soon.

That and a pair of SeekingAlpha articles and some other stuff I can't now recall. Most of it is very negative and based in fact (not that I did my own first-hand fact-checking).


a cop posted:

Ya I got out at 2.62. Going to hop back in when it feels right though. Love volatile bullshit like this.

WTSL is in death throes and bouncing around a bit as it circles the drain.

hot cocoa on the couch
Dec 8, 2009

Caught a nice gain on STX earnings today. Picked up a couple 64 straddles at 3.49 on Friday, will hold them through tomorrow's trading day as well though I think. Today I'm watching EA, VMW and ILMN for tomorrow's earnings (yes I'm ignoring AAPL, I find traders usually way overvalue apples volatility and this quarter is no different). EA I always love to play because they have had some huge moves in the past dozen or so quarters but the market never values in more than a 5-6% move despite that. I also used to be a huge gamer (back before I was a physics student with a baby!) so I loved to predicate on EAs failures haha

the worst thing is
Oct 3, 2013

by FactsAreUseless
Im out. I missed all my decent chances. Amateur hour. In at 2.24 out at 2.38. Could have gotten out at 3+ if I was paying attention. Lessons learned.

LLCoolJD
Dec 8, 2007

Musk threatens the inorganic promotion of left-wing ideology that had been taking place on the platform

Block me for being an unironic DeSantis fan, too!

DNova posted:

WTSL is in death throes and bouncing around a bit as it circles the drain.

You can throw in WLT and MCP for good measure.

KernelSlanders
May 27, 2013

Rogue operating systems on occasion spread lies and rumors about me.
Hypothetically, what happens if the market is closed on option expiration day, because of say a snow storm or hurricane?

Josh Lyman
May 24, 2009


Gird your loins!!!

R.A. Dickey
Feb 20, 2005

Knuckleballer.

Anubis posted:

Alright, so I'm thinking of stepping into a longish play for oil drilling operators on the theory that oil will recover. As of now I've seriously looked into 3 potential options:

The "safe" play of the IEZ etf, that doesn't provide the potential catastrophic risk of bankruptcy that the next two options might. They have a fair amount of investment in onshore operations so prices wouldn't have to recover quite so much to see an effect but I'd still expect to see a reasonable jump as oil prices eventually run up above $65 again.

DO (Diamond Offshore Drilling Inc) would be what I'd refer to as "middle of the road" in terms of risk in this play. They have a fair amount of debt to equity, but are reasonably positioned and could likely survive longer than most in the offshore drilling market if the oil downturn went on for an extended time.

Then there is SeaDrill (SDRL). Oh lord. I actually owned some Seadrill for quite awhile and got out in may of last year, thank Christ. They have a rather insane debt to equity ratio but also have some decent contracts to keep them going at least through 2Q 2016 and likely beyond (balloon payments will come due in 2016 and 2017 which seems to be most people's concern), unless things really go tits up. Of the big drillers they are often pointed as the most likely to fail, and are discounted appropriately for the risk. They also are now embattled in a lawsuit with stock owners based on management's statements on how the dividend was safe just a quarter before the crashing of oil prices caused them to completely eliminate the rather large dividend, which honestly was always the most attractive part of their stock.

Anyone have any thoughts/opinions on the matter they care to share?

I dont have opinions on those two names but I am long oil. I was thinking of getting into RIG as well though, they're the same offshore drilling type as those and pay a pretty sweet dividend (for now)

Trash Trick
Apr 17, 2014

I wonder where the ceiling on ZIOP is...

hot cocoa on the couch
Dec 8, 2009

Josh Lyman posted:

Gird your loins!!!



Increased volatility is always profitable for me :)

By the way, FB releases earnings tomorrow. I'm watching closely, but my estimate has the straddle roughly fairly valued. Will probably buy one or two anyway!

Trash Trick
Apr 17, 2014

I still have some wet seal but it looks like I can't trade - anyone know why? Does it have something to do with them adding the Q? I'd like to sell to make three cents per share rather than zero!!

RaoulDuke12
Nov 9, 2004

The race is not to the swift, nor the battle to the strong, but to those who see it coming and jump aside.

a cop posted:

I still have some wet seal but it looks like I can't trade - anyone know why? Does it have something to do with them adding the Q? I'd like to sell to make three cents per share rather than zero!!

Yeah I was wondering about that too, their stock literally disappeared from my portfolio.

sleepy gary
Jan 11, 2006

Sold a small amount of CSIQ Feb20 $21 puts. Wouldn't mind getting assigned, but don't think I will.

KernelSlanders
May 27, 2013

Rogue operating systems on occasion spread lies and rumors about me.
Yahoo Plans To Spin Off Its Alibaba Stake, Tax Free, Into A New Company

quote:

In addition to releasing its (mixed) fourth quarter earnings report, Yahoo just announced its plan to spin off its stake in Alibaba into a new company, currently dubbed “SpinCo.”

The new company will own all of Yahoo’s 384 million remaining shares in Alibaba, valued at $40 billion. The spin off will be tax-free, which has been one of the main concerns of shareholders — and as of 4:22pm Eastern, Yahoo shares were up nearly 7 percent in after-hours trading.

How is YHOO up on the news that they're selling off the only profitable division?

Shear Modulus
Jun 9, 2010



KernelSlanders posted:

Yahoo Plans To Spin Off Its Alibaba Stake, Tax Free, Into A New Company


How is YHOO up on the news that they're selling off the only profitable division?

Assumedly people are buying Yahoo now to get the new company's stock as soon as it spins off.

Noah
May 31, 2011

Come at me baby bitch

Sokrateez posted:

Caught a nice gain on STX earnings today. Picked up a couple 64 straddles at 3.49 on Friday, will hold them through tomorrow's trading day as well though I think. Today I'm watching EA, VMW and ILMN for tomorrow's earnings (yes I'm ignoring AAPL, I find traders usually way overvalue apples volatility and this quarter is no different). EA I always love to play because they have had some huge moves in the past dozen or so quarters but the market never values in more than a 5-6% move despite that. I also used to be a huge gamer (back before I was a physics student with a baby!) so I loved to predicate on EAs failures haha

I piggy backed off your comments on EA, I hadn't even looked at them since last year. Thanks for the heads up, I grabbed some $45/jan/30 calls this morning at $4.30, which i was a little hasty on because I could have gotten them lower, but everything seemed to indicate that they were gonna do well on this earnings report. We will see how the next two days go, but it's looking real good.

Agronox
Feb 4, 2005

KernelSlanders posted:

Yahoo Plans To Spin Off Its Alibaba Stake, Tax Free, Into A New Company


How is YHOO up on the news that they're selling off the only profitable division?

I'm not sure if it was true yesterday, but it was true for a long time that if you took a look at how much YHOO's stake in BABA was worth, that number was higher than the enterprise value of YHOO. In other words, YHOO the company was worth LESS, somehow, than it's stake in BABA.

By spinning off the BABA part, remaining shareholders are going to keep the YHOO part, and that YHOO part will trade at a non-negative number. Voila, shareholder value is created.

Daedalus Esquire
Mar 30, 2008

RaoulDuke12 posted:

Yeah I was wondering about that too, their stock literally disappeared from my portfolio.

NASDAQ delisted them effective today. They are not appealing the suspension. There is something on yahoo finance regarding it. Something about a form 8-k filed in the title of the article.

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Trash Trick
Apr 17, 2014

Daedalus Esquire posted:

NASDAQ delisted them effective today. They are not appealing the suspension. There is something on yahoo finance regarding it. Something about a form 8-k filed in the title of the article.

What does this mean if you want to sell your shares :whitewater:

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