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oiseaux morts 1994, if you are that hard up for bank on Penny Stocks go for APDN. Always bouncing between .057 and .072....always....always bouncing...always...... Anyway, CSCO finally broke $20/share!
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# ? Feb 7, 2012 18:36 |
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# ? Mar 29, 2024 11:07 |
MrBigglesworth posted:oiseaux morts 1994, if you are that hard up for bank on Penny Stocks go for APDN. Like I said, I'm not looking to invest any money. That was just an example. I just want to understand how things work and why
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# ? Feb 7, 2012 20:05 |
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MrBigglesworth posted:Anyway, CSCO finally broke $20/share! $10 more and some of my options won't be worthless! Earnings tomorrow though, JC will say something dumb and we'll drop like a rock.
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# ? Feb 7, 2012 20:30 |
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Yesterday: AGNC... gently caress Today: AGNC... gently caress??
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# ? Feb 7, 2012 20:30 |
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MrBigglesworth posted:oiseaux morts 1994, if you are that hard up for bank on Penny Stocks go for APDN.
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# ? Feb 7, 2012 20:34 |
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Josh Lyman posted:Speaking of breaking through, the AAPL train is amazing... it's like a train of sexy gains. A sex train. The chart is beautiful. They shouldve sent a poet..
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# ? Feb 7, 2012 20:57 |
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How long are you going to ride the AAPL train? Do you think it has more room to grow?
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# ? Feb 7, 2012 21:09 |
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Very yes!
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# ? Feb 7, 2012 22:37 |
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My only regret about buying AAPL stock.. is that I didn't buy AAPL calls. Leverage those gains boys!
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# ? Feb 7, 2012 22:43 |
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I had $15k in AAPL in 2004 and sold it for 30% :P
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# ? Feb 8, 2012 02:48 |
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Do you guys aim for the trade commission to be a maximum percentage of the total trade value? I have an etrade account and am typically making trades on the order of $1k total value but it feels unintelligent taking 2-3% of the value off the top for the buy/sell commission. I am long in everything with the expectation of holding the stock for at least a year so at least I'm not losing a stupid amount of money pretending to be a day trader.
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# ? Feb 8, 2012 16:29 |
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Tasty and Delicious posted:I'm not 100% sure about dividends but I think they will provide payouts. If you have 100.123 shares you want to sell, your tell your broker to sell 100 and they'll eventually compensate you for the remaining .123. You can't buy/sell fractional shares directly. ING/Sharebuilder lets me sell fractional shares. I can only sell all or none of my fractional shares, though; if I have 2.58 shares of something I can sell only 0.58, 1.00, 1.58, 2.00, or 2.58 shares of it. Plus, when I use their automated investment tool, I have to specify a dollar amount rather than a number of shares to buy, effectively allowing me to buy fractional shares as well.
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# ? Feb 8, 2012 17:07 |
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What happened to NLY today?
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# ? Feb 8, 2012 19:40 |
What happened to the entire market between 11 and noon?
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# ? Feb 8, 2012 20:34 |
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http://blogs.marketwatch.com/thetell/2012/02/08/investors-seldom-reward-cisco-results/quote:Investors seldom reward Cisco results
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# ? Feb 8, 2012 20:42 |
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Cmdr. Shepard posted:What happened to NLY today? Most likely a reaction to the 8-K NLY filed after hours yesterday http://www.sec.gov/Archives/edgar/data/1043219/000115752312000577/a50160705ex99_1.htm
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# ? Feb 8, 2012 21:19 |
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People say Yahoo finance forums are useless, but I found this little treasure trove today - http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_N/threadview?m=tm&bn=23441&tid=313610&mid=313610&tof=2&frt=2
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# ? Feb 8, 2012 21:30 |
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Inverse Icarus posted:http://blogs.marketwatch.com/thetell/2012/02/08/investors-seldom-reward-cisco-results/ .47 per share..whoop whoop.
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# ? Feb 8, 2012 22:56 |
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The Wall Street Journal posted:Groupon reported a surprise net loss for the fourth quarter, sending shares down 12% after hours. Who, exactly, was surprised by this?
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# ? Feb 8, 2012 23:02 |
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bam thwok posted:Who, exactly, was surprised by this? I'm seriously kicking myself for not buying groupon puts after the stock ran up $6 per share (+30% !) over the last month or so.
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# ? Feb 8, 2012 23:09 |
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How do you buy a put? Isn't that just a fancy name for a short? Investopedia hasn't helped me clarify the difference in the two.
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# ? Feb 8, 2012 23:20 |
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Cmdr. Shepard posted:How do you buy a put? Isn't that just a fancy name for a short? Investopedia hasn't helped me clarify the difference in the two. A Put is an options contract. If you buy a put then the person who wrote it is contractually obligated to buy your 100 shares at the strike place. Shorting is borrowing stock, selling it for it's current value, then owing the lender the amount of shares borrowed when you close out your position(Ex. Borrow 20 shares of XYZ, sell at $15 for net $300. A week later buy 20 shares of XYZ at $10 per for $200, give the 20 shares back to lender, realize $100 profit). In both cases you are looking for a stock price to drop, but of course a put comes with the standard risks options have. Crazyweasel fucked around with this message at 23:44 on Feb 8, 2012 |
# ? Feb 8, 2012 23:41 |
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imabmf posted:.47 per share..whoop whoop. Dividends up 2 cents... To a total of 8 cents. And we're already down after-hours.
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# ? Feb 9, 2012 00:39 |
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What the hell is Chamber's problem? Why doesn't someone ever shut him up?
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# ? Feb 9, 2012 01:09 |
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ghadeed posted:What the hell is Chamber's problem? Why doesn't someone ever shut him up? What are you mad about? His unusually honest approach to corporate earnings calls?
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# ? Feb 9, 2012 02:17 |
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What's the story behind the image in the op?
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# ? Feb 9, 2012 02:46 |
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Inverse Icarus posted:Dividends up 2 cents... To a total of 8 cents. if they keep upping the Dividend, I just might have to hold my position longer than I expected to. I know it's not much but I went in on them pretty big (for me) over the last year.
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# ? Feb 9, 2012 03:46 |
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I think that you guys are missing out on a good opportunity to grab some strangles on CSCO stock, imo options for six months out are extremely cheap relative to the control that you can get over the stock so I grabbed some on Tuesday. Even though the after hours movement was disappointing (it was up over 4% at one point though), the dividend bump could increase share demand and institutional buying in the next month, and worst case scenario i can dump the options spread for a mild amount of time decay or just go long on a few hundred shares. Edit: Also in general I'd like to say that I really value reading the analysis of a lot of the posters here who are really familiar with these tech companies and appreciate the perspective you guys have. Keep posting!
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# ? Feb 9, 2012 06:59 |
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Canescans posted:I think that you guys are missing out on a good opportunity to grab some strangles on CSCO stock, imo options for six months out are extremely cheap relative to the control that you can get over the stock so I grabbed some on Tuesday. Even though the after hours movement was disappointing (it was up over 4% at one point though), the dividend bump could increase share demand and institutional buying in the next month, and worst case scenario i can dump the options spread for a mild amount of time decay or just go long on a few hundred shares. I bought in to INVN at 15.84 and wish I would have gotten in right after their IPO like I told myself I would. They create the 3D motion sensing technology that basically made the Wii what it is. I heard that they were all set to be in the iPhone4 but Apple thought they were too small of a company and went with ST Micro instead. I somewhat expect them to be in an Apple product at some point in addition to a significant number of new smart phones, cameras, and any consumer electronics that can utilize 3D motion sensing.
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# ? Feb 9, 2012 15:37 |
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Edit=Nevermind, found what I needed.
MrBigglesworth fucked around with this message at 16:14 on Feb 9, 2012 |
# ? Feb 9, 2012 15:47 |
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Cmdr. Shepard posted:What's the story behind the image in the op? Flash crash in May of 2010. Out of no where blue chips started plummeting like crazy before recovering just as fast. Widely believed to be the result of poorly coded high-frequency trading programs back by enough cash to move the market. http://en.wikipedia.org/wiki/2010_Flash_Crash
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# ? Feb 9, 2012 15:48 |
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MrBigglesworth posted:What would I have needed to put in, and the costs, etc to have setup an option for that condition as of two weeks ago? Is there usually a minimum amount needed to process this type of transaction? One thing to realize is that 1 option is equal to 100 shares. So yes, there is a minimum. When you see the option price multiply that by 100 to get your cost (excluding broker fee, which varies by broker). For your particular example, looking it up on CBOE.com the price of one call (the option you buy when you think the price is going up) of AAPL a couple of weeks ago with a strike price of $480 and an expiration date of 2/17 would have been somewhere around $1. You multiply that by 100 so for one call it would have cost you a bit over a hundred including broker fees (online brokers would charge about $10 or less). At the time of this post that option is worth about $9.05, so if you sold it you'd get $905 less broker fee. You'd basically end up with about an $800 profit (per option) minus broker fees. So risk $100, get $900. Possibly lose $100 if things didn't work out the way you planned and the option expires worthless. If you keep the option and don't sell it you buy 100 shares of AAPL at $480/share when the option expires (if the price of AAPL is above $480). So, either sell it before it expires or make sure you have $48000+ cash (per option) sitting in your account. Edit: These prices change constantly. When I started this post, that particular option was priced at around $9. Now that I'm done, the option price is around $11. nelson fucked around with this message at 16:29 on Feb 9, 2012 |
# ? Feb 9, 2012 16:19 |
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Ok, that clears it up a bit for me. For some reason my mind wasnt separating the right to buy, but not the obligation. Is it similar to say that when trading options, you become somewhat a broker if you aren't buying the shares? You are simply becoming someone else's middleman?
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# ? Feb 9, 2012 16:57 |
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Its pretty funny how the nasdaq is now essentially a single stock. CSCO, MSFT, INTC ect. market caps peaked around 500 billion and AAPL should reach that pretty soon. Either that will mark a multi year high yet again for the nasdaq, or we'll see AAPL become the first trillion dollar company and the nasdaq will head back to 5k. Talk about cornered though.
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# ? Feb 9, 2012 17:09 |
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MrBigglesworth posted:Very yes! Picked up AAPL right after you posted this and I don't regret it.
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# ? Feb 9, 2012 17:15 |
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Yeah they are on a crazy tear today. Supposedly the iPad3 is coming in March?
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# ? Feb 9, 2012 17:37 |
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Where do you guys go to check stock quotes? And do any of you use level 2 quotes to help with your purchases?
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# ? Feb 9, 2012 17:53 |
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This has been a great thread for learning about trading. I have no money to throw away doing so though, but it has also introduced me to the Investopedia sim which is great gaming. I hopped on an AAPL call two days ago just to see what happened, thinking I had missed the train anyway. Looks pretty good right about now. Shame those are only virtual profits // good thing those are only virtual profits as it will all be lost soon enough I assume. But it's a great browser game and learning tool, is it ok to keep that chat here or should it get its own thread?
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# ? Feb 9, 2012 18:23 |
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I wanted to get in on AAPL back when they dropped to ~360 but didn't have the cash. Should have bought call options at that point but pussied out. Live and learn.
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# ? Feb 9, 2012 18:25 |
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# ? Mar 29, 2024 11:07 |
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I feel like this is a dumb question, but who's responsible for covering options after they're sold? Is it always the original writer of the option?
Colonel Taint fucked around with this message at 20:01 on Feb 9, 2012 |
# ? Feb 9, 2012 18:49 |