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To short MU or not to short MU, that's the question. Also, I think if we hit S&P 1170 today it'd be a good time to start looking for some good short opportunities, but then again I didn't think we'd break 1150.
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# ¿ Oct 7, 2010 14:17 |
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# ¿ May 28, 2024 23:35 |
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IratelyBlank posted:For all the shares I'm looking at, the difference between the bid/ask is only .01 so it doesn't seem like that big of a deal. Is this the only impediment in what I was talking about above? It seems like an "easy" way to make some extra cash (if you have a huge chunk of cash just laying around, it doesn't seem like it would work with anything less than a few thousand dollars). If you have a huge chunk of cash laying around, there are better and safer ways to make money on it. Why would you want to put the entirety of your investment into a single stock, just to pull it out when it inches up .3%? The risk for loss is higher than you're perceiving. Especially if this is a strategy you want to repeat everyday.
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# ¿ Oct 7, 2010 15:00 |
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IratelyBlank posted:Thanks for the link, very interesting. http://www.investopedia.com/university/options/
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# ¿ Oct 8, 2010 04:44 |
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Is there a POMO calender someone could link me to?
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# ¿ Oct 8, 2010 14:14 |
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IratelyBlank posted:If I'm understanding this correctly, you don't actually need to buy the underlying stock that the option is for, you can just sell the option at the increased price, and this is what most people do anyway? With calls, you have the option to buy the underlying at the strike price. With puts, you have the option to sell at the strike price. Assuming you're in the money, your profit will be the difference between the current price and the strike price minus what you paid for the contract.
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# ¿ Oct 8, 2010 15:12 |
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I think you're acting under the impression that you aren't the zillionth person to try to program yourself an advantage. Unless you're brighter than everyone on Wall Street, you're still playing the same losing game.
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# ¿ Oct 9, 2010 04:24 |
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Dirk Diggler posted:Kind of a strange one today. One of the stocks I own, Taseko Mines (TGB) has been shooting upwards pretty steadily the last few days...until today. As you can see from the chart here, around 2:30 it had a little mini flash crash and lost around 30% almost instantly. Now it ended up only down ~10% for the day, and from the after hours it looks like it'll recover eventually, but I think there were a lot of people that got burned when their stop-losses kicked in. You guys know more about the market than I do, does this look like some kind of market fuckery to you? HFT strikes again?
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# ¿ Oct 15, 2010 03:28 |
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It must be nice being David Einhorn and being able to make stocks drop 20% on your beckon call. Would it have been illegal for him to take a short position and then tell people he didn't like the stock? As long as he doesn't encourage others to short it then I would think it'd be okay right? talking about JOE by the way.
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# ¿ Oct 15, 2010 14:18 |
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Patting myself on the back for shorting the 20+ year treasury index. Taking the pat away for owning Bank of America.
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# ¿ Oct 16, 2010 00:55 |
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This might be a long shot but can anyone recommend any resources that give an overview of different derivative characteristics and uses? Specifically interest rate, credit, and equity derivatives? e: other than options.
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# ¿ Oct 16, 2010 04:26 |
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dlink posted:I'm surprised at the Financial stocks rallying after C beat earnings using accounting tricks :\ If people cared about accounting tricks we would be so hosed it's not funny. If it's not fraud it's okay.
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# ¿ Oct 18, 2010 15:37 |
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Apple destroys earnings and guides lower. I for one, am surprised.
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# ¿ Oct 18, 2010 22:00 |
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Yeah they missed iPad sales but they also just posted an all time best in revenue and after-tax income.
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# ¿ Oct 18, 2010 22:10 |
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Jabbu posted:To be honest, I'm not really excited either. An increase in position in my own case though works just because it fits with my portfolio. I need some steady, large cap, dividend paying backbone style companies that I don't have to keep a tight eye on to balance out my riskier and often times more lucrative investments that I watch like a hawk. I was doing well enough "buying low and selling high" without any regard for holding that I've just neglected increasing my dividend positions, which is all well and good if you never mess up, but eventually I'm pretty sure everyone does. I'm focusing on playing a bit conservative now. Someone going for quick money though I don't think will find GE to be very compelling. Buy CAT instead.
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# ¿ Oct 18, 2010 22:44 |
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What's the stock?
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# ¿ Oct 21, 2010 13:32 |
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Kind of a longshot but if anyone here has worked, or does work at Scotia Capital I would love to talk to you!
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# ¿ Oct 24, 2010 07:21 |
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I've had a pretty good two months or so. Censored to hide my poorness. Although I would hate to see what my risk-adjusted return is. I'll calculate it when I liquidate everything.
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# ¿ Dec 3, 2010 00:00 |
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There was a great article in the NY Times over the weekend about the current state of the derivatives market. I recommend you check it out! (You have to have an account to read it, but its free to sign up) http://www.nytimes.com/2010/12/12/business/12advantage.html?_r=1&src=me&ref=general I'm moving to NYC on Jan. 1st to intern on the derivatives trading floor at a bank, and to be honest I don't really know what I'm getting myself into.
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# ¿ Dec 14, 2010 19:06 |
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Wait, Bank of America is going under?
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# ¿ Dec 16, 2010 16:46 |
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windwaker posted:I'm up 8% on AOL after five days... Doesn't make it a good trade, friend.
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# ¿ Feb 14, 2011 18:54 |
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LuftWaffle posted:Today is such a gift, I'm buying up as much as I can. I can't think of too many stocks that have anything at all to do with japan's nuclear reactors. A lot of companies are reporting earnings in about a month so the payoff could be huge. Two more 6.0+ Earthquakes hit Japan today, one of which was 50 miles from Tokyo. Your exuberance could easily come back to bite you. Thoogsby fucked around with this message at 18:26 on Mar 15, 2011 |
# ¿ Mar 15, 2011 17:26 |
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Plastic Jesus posted:This is my only point. What was the lost opportunity cost with your BP trade v. just buying SPY and sitting tight? Same thing for uranium. There's no need to be a hero and call bottoms, if something's got a long-term growth story it's not going to run away from you before you can react. Right now uranium seems like, at best, a difficult trade. There's nothing wrong with letting things settle down before getting in. This is especially true if you're trying to ride out a large economic trend over a few years. You don't get points for difficulty. If someone comes out tomorrow and says everythings fine with Fukushima CCJ might pop to what? $37-$40 tops? But if something goes horribly wrong (which it still may) it will get cut in half.
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# ¿ Mar 15, 2011 22:19 |
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If I had to make a Japan play right now I would probably buy some KUB. It's already popped quite a bit from its earthquake induced lows but the nature of their business ensures they'll be a big part of the rebuilding and you'll also benefit from the strengthening yen against the dollar because its an ADR. Or short CCJ and hope for fallout.
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# ¿ Mar 18, 2011 14:58 |
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Scottrade overhauled their interface about 6-8 months ago. It's still not the sexiest platform out there I'm sure but $7.95 trades isn't bad and I've had really good experiences with their customer service.
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# ¿ Mar 29, 2011 12:40 |
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Dennis Gartman wrote this in his morning letter today:The Gartman Letter posted:Finally, Federal Reserve officials are all too often given Can anyone explain what he's talking about with the crude term structure or provide references?
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# ¿ Apr 14, 2011 14:06 |
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imabmf posted:It will come back, just maybe not in a 3-6 month or even 9 month horizon. What's the catalyst?
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# ¿ Apr 18, 2011 18:27 |
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evilwaldo posted:I would wait to see signs of a consistent growth strategy. Right now the stock is headed for the $10-14 level. The stock didn't break $14 during the crisis. I have a hard time seeing it test that level again, let alone drop to $10.
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# ¿ Apr 19, 2011 20:41 |
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lightpole posted:It should register on your account right away and you are free to use it. Transferring money in is really easy, getting it back out is a pain. I've never had problems getting money out. If you call your local branch they'll cut you a check and it takes all of 10 seconds on the phone.
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# ¿ Apr 20, 2011 13:25 |
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Pretty sure the stock has to trade for like 3 months before options are established. But yeah, that valuation is beyond ridiculous.
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# ¿ May 19, 2011 16:32 |
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Toying with the idea of getting in the Android camp and picking up some AMD. They're the last girl to get asked to the prom, but if she doesn't have crabs it could still be a fun night.
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# ¿ May 20, 2011 15:01 |
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Look out below!!!! I'd love to see a good correction here.
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# ¿ May 23, 2011 17:31 |
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Got long gold and short the 7-10 year treasury this lovely morning.
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# ¿ May 27, 2011 14:53 |
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Femur posted:How did you invest in gold? through etf? Yup. Nothing fancy.
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# ¿ May 27, 2011 17:18 |
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marsisol posted:Forgive me if this all sounds horribly dumb, but I have no idea how much of this works. Yes but if that's where your investing knowledge starts and ends I would advise against investing in individual companies.
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# ¿ May 31, 2011 20:21 |
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Thufir posted:So how crazy is Groupon's IPO going to be? Their book demand will probably be just as hot as LinkedIn so I wouldn't be surprised to see another run up to ridiculous multiples.
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# ¿ Jun 2, 2011 20:39 |
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Dr. Jackal posted:if you are looking at large brokerages, look at Schwab and Fidelity, Fidelity's cheap and you can probably have every type of account under the sun with one broker. However, their platform is pretty awful compared to other discount brokers.
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# ¿ Jun 3, 2011 12:51 |
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paint dry posted:I've never really thought about IPOs before but I'd like to get in on one of these before the social media bubble bursts in everyone's faces. How would I go about that as a private investor? Is it even possible for private investors to get in at the starting price? And is this further complicated by the fact I'm in the UK rather than the US? For all intents and purposes, hot IPOs are limited to institutional clients of the lead underwriters and high net worth individuals that are clients of the lead underwriters wealth management divisions. Unless you've got tens of millions of dollars sitting in an account at Morgan Stanley, Goldman Sachs, or Credit Suisse you get to sit on the sidelines with the rest of us.
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# ¿ Jun 3, 2011 13:54 |
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paint dry posted:I see. That seems kind of silly, I mean surely my money is as good as theirs. I guess I'm just showing my ignorance here. It's a posturing game really. The company going public wants their shares to look as attractive as possible and create a market for their shares if they choose to do another offering. Access to IPOs that are going to net an investor 50%+ returns in a day is a good way to attract institutional clients to other business lines for the bank where they can generate more revenue. These underwriters will go out on the road and find the big guys that will make large orders and won't dump it immediately when it runs up. If every Tom, Dick, and Harry could grab it they would have no way to keep the chart from looking like an inverted V the first day it goes public.
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# ¿ Jun 3, 2011 14:11 |
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CSCO is probably a good long term play but I'd be hesitant to use things like 52-week lows when deciding when to get in. A turn-around for a company that size is a huge deal and stopping the downward momentum could take some time. It could easily slide down another dollar or two especially if we're heading into a market correction.
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# ¿ Jun 6, 2011 15:35 |
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# ¿ May 28, 2024 23:35 |
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ayekappy posted:Pure consumer-wise, I'd say you're right; but tablets would be great for doctors and nurses... digital clip boards, instant prescription fills, links into monitors etc. Yeah, you could do that with a phone, but it'd be too small to get lots of detail, and you could do it with a laptop, but they're too heavy or cumbersome, and a netbook would be awkward with typing and whatnot. Tablets would also be pretty good for other professionals and they would be pretty decent for students that want to have all their books in an easy to carry tablet with the ability to write notes and whatnot. You could do that with a tablet PC, but again... weight and thinness and really a lack of outside moving parts help the tablet. They're also useful for anyone who works in sales/pitches for a living. Some bankers at Morgan Stanley already bring iPads to pitches.
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# ¿ Jun 7, 2011 14:32 |