|
M_Gargantua posted:So great candidate to double my emergency fund? Only if you diversify with forex. Go long ruble, but make sure you do it all on margin
|
#
?
Jan 20, 2015 20:53
|
|
|
|
| # ? Jun 3, 2024 23:21 |
|
|
Hey good call on EBIX whoever was posting about it earlier.
|
|
#
?
Jan 20, 2015 22:01
|
|
|
Man I got REALLY lucky tonight on a dumbass trade from a couple months ago.
|
|
#
?
Jan 20, 2015 22:10
|
|
|
Can any of you guys with better data access than me tell me what the highest after-hours trade of CREE was? edit: Someone pointed me here: http://www.nasdaq.com/symbol/cree/after-hours sleepy gary fucked around with this message at 23:40 on Jan 20, 2015 |
|
#
?
Jan 20, 2015 22:41
|
|
|
Potrzebie posted:
it's a good thing I bought VUZI last month now I can sell it and double down on CSIQ
|
|
#
?
Jan 20, 2015 23:53
|
|
|
Guess who forgot to buy NFLX options ahead of earnings again? 
|
|
#
?
Jan 20, 2015 23:55
|
|
|
Josh Lyman posted:Guess who forgot to buy NFLX options ahead of earnings again? Pff I think someone even brought up NFLX earnings in this thread. Yup! Sokrateez posted:This should be an exciting week. Some good tech earnings reports coming out this week that should prove volatile in addition to the upcoming Euro volatility; tomorrow we have CREE, IBM and NFLX, Wednesday is EBAY and SNDK and Thursday is SWKS. Personally I'm long volatility on NFLX via a 337.5 straddle that I picked up on Friday.
|
|
#
?
Jan 20, 2015 23:57
|
|
|
DNova posted:Pff I think someone even brought up NFLX earnings in this thread.
|
|
#
?
Jan 21, 2015 00:01
|
|
|
Josh Lyman posted:Guess who forgot to buy NFLX options ahead of earnings again? Hey I hear there's this great service called Google Calendar which will remind you to do poo poo like this so you don't always forget.
|
|
#
?
Jan 21, 2015 00:08
|
|
|
Saint Fu posted:Hey good call on EBIX whoever was posting about it earlier. That was me and it feels pretty weird man. I'm up like 50% YTD  thanks EBIX, my taxable account might reach my 401k soon
|
|
#
?
Jan 21, 2015 03:59
|
|
|
Man I got bent over a table today on CSIQ. No lube. My Jan covered call options expired worthless on Friday, so I have 2800 shares with a cost basis of around 22.05. Bought Friday and today, so I'm up to 4500 shares and my new cost basis is 21.48. So down more than 10k, most of that today's drop. Also have 20 contracts of the 24/30 April spread, and I opened the front half of a 20/25 spread today, again 20 contracts in April. Going to wait for the stock to go higher to sell the 25, if it ever does. Down a few thousand on those. This is tumbling on 0 news. No news. None. 3x volume today on nothing. I guess you can point to Shanghai or the Canadian Dollar or oil or natural gas, but none of these things have any material impact on the company earning money that I am yet aware of. The only thing of note to happen with this company recently is they did an investor presentation last week, and from the tone of the presentation & brief discussion of deals that closed in 4Q, it seems like the quarter is not going to be a disaster. In fact, it seems like it's going to be in-line (my read on it,, they didn't update guidance or anything). The presenter made a brief mention of the drop in the stock price, and basically said that they do not foresee any headwinds this year from oil. Also said that yet again the market is undervaluing its pipeline of projects, and I agree with that vehemently. (Presentation & Audio for any interested -- the Q&A near the end is when he discusses stock price). Other than the drop in stock price, I would really love for someone to make a bear case on this company. I have no desire to sell at the moment, but it kinda feels like I'm arguing with a wall. Would really love to get an alternative take. I'm suspecting that the drop is just momentum/sector/day traders/assorted other bullshit and it'll work its way out come earnings. That is my current thesis, at least. The company is going to report earnings in approximately 6 weeks, hopefully right around a 1.30 a share for the quarter, putting the 2014 earnings at a hair above $4.00 per share, and putting the TRAILING P/E ratio at 4.8 at 19.20 a share. If nothing else, the stock will hit a shitload of value screens at that point.
|
|
#
?
Jan 21, 2015 05:47
|
|
|
Arkane posted:Other than the drop in stock price, I would really love for someone to make a bear case on this company. I have no desire to sell at the moment, but it kinda feels like I'm arguing with a wall. Would really love to get an alternative take.  It seems like CSIQ just got nailed with the rest of the sector. Cheap energy is bad for solar's image, I guess.
|
|
#
?
Jan 21, 2015 05:58
|
|
|
Please tell me the "batman" trendline is a joke about technical traders' over-enthusiasm for finding patterns in charts?
|
|
#
?
Jan 21, 2015 06:38
|
|
|
Why mess around with solar stock while oil is at 5 year lows and falling.
|
|
#
?
Jan 21, 2015 06:43
|
|
|
Leperflesh posted:Please tell me the "batman" trendline is a joke about technical traders' over-enthusiasm for finding patterns in charts?
|
|
#
?
Jan 21, 2015 06:44
|
|
|
LLCoolJD posted:It seems like CSIQ just got nailed with the rest of the sector. Cheap energy is bad for solar's image, I guess. Correct me if I am wrong as I don't claim to be an expert, but it's not just "image" right? I mean, if there are suddenly cheaper energy options out there, solar use would decrease, no? Seems pretty straightforward to me. But again, I'm no expert.
|
|
#
?
Jan 21, 2015 06:53
|
|
|
Arkane posted:My Jan covered call options expired worthless on Friday, so I have 2800 shares with a cost basis of around 22.05. Bought Friday and today, so I'm up to 4500 shares and my new cost basis is 21.48. So down more than 10k, most of that today's drop. I'm curious why you didn't roll those calls before they expired? You at least could have taken in some fat premium today.
|
|
#
?
Jan 21, 2015 06:54
|
|
|
a posting ghost posted:Why mess around with solar stock while oil is at 5 year lows and falling. Oil is a transportation fuel (less than 1% of electricity in the US is generated by oil, and <5% worldwide) and solar generates electricity. They don't compete. Additionally, many countries and states have clean energy targets for electricity generation that they're trying to meet that aren't altered by swings in commodity prices. Finally, solar is becoming cost competitive. The price of a kilowatt hour generated by a solar panel has dropped by 75% over the past few years. And as solar panels are becoming more efficient and costs of manufacturing decreases, the regions where solar is appealing on a cost basis expands dramatically. Also...virtually every single analyst that has weighed in on solar since the oil collapse has said that they don't expect the price decline to have a meaningful impact on the industry since the two do not compete. Not that analysts are necessarily right, but there's near-unanimity in this opinion. We'll see I guess. Kal Torak posted:I'm curious why you didn't roll those calls before they expired? You at least could have taken in some fat premium today. Was going to do exactly this last week, but I kept waiting for a price spike to do it that never materialized. Live and learn. Arkane fucked around with this message at 07:02 on Jan 21, 2015 |
|
#
?
Jan 21, 2015 06:59
|
|
|
Hmm interesting
|
|
#
?
Jan 21, 2015 07:01
|
|
|
Kal Torak posted:Correct me if I am wrong as I don't claim to be an expert, but it's not just "image" right? I mean, if there are suddenly cheaper energy options out there, solar use would decrease, no? Seems pretty straightforward to me. This is the first relevant image I could find with a GIS:  If we assume that most solar customers are buying panels to reduce the long-term costs they pay for domestic electricity, it would not appear to be particularly sensitive to oil prices.
|
|
#
?
Jan 21, 2015 07:02
|
|
|
District Selectman posted:That was me and it feels pretty weird man. I'm up like 50% YTD Just wanted to give you a shoutout here. I jumped into EBIX under $10 back in 2013 thanks to your quick mention (I did some of my own DD as well). I sold this spring in the $16-17 range and felt pretty smart... I guess I should have held, but I can't get too burnt up about a double.
|
|
#
?
Jan 21, 2015 07:29
|
|
|
Kal Torak posted:I'm curious why you didn't roll those calls before they expired? You at least could have taken in some fat premium today. I've been rolling weekly calls on the CSIQ I'm holding at ~.25 delta, and getting 1%/week out of it. Feels good man. 
|
|
#
?
Jan 21, 2015 14:56
|
|
|
Apollo_Creed posted:Just wanted to give you a shoutout here. I jumped into EBIX under $10 back in 2013 thanks to your quick mention (I did some of my own DD as well). I sold this spring in the $16-17 range and felt pretty smart... I guess I should have held, but I can't get too burnt up about a double.  I took profits at a couple points along the way too, and it's totally understandable given the history. I sold a chunk in that same ball park last year and felt great about it too, and then I sold some more just under $19 this year with no hesitation, after the IRS announcement. I sold at the IRS announcement because despite being *great* news, previous great news had only yielded short term spikes followed by months of atrophy. This looks like the good news that will finally stick. Last short data published is from 12/31, and the stock is up almost 50% from that point. New short interest to be published 1/25. If it's still high, and I have to think it is, then there is still a major short squeeze in play. Market cap is currently $860M, a mere 16% away from the magic $1B, a very important if not arbitrary dividing line to get on major radars. By way, I got bludgeoned on CSIQ too, but I only had my toe dipped in. I like it though so I put a whole foot in yesterday. Seems like a drop on no news related to the company, so I'm willing to stick it out. I don't believe anything has changed fundamentally since I got in. May also start writing calls on it like my man Dwight over there.
|
|
#
?
Jan 21, 2015 15:02
|
|
|
Thanks for the heads up on Arcam btw, after some reading I bought in and it has played out nicely so far.
|
|
#
?
Jan 21, 2015 15:37
|
|
|
I do know some technical analysis people are freaking out about solar, and their drawings have portended a doom for solar stocks this year.
|
|
#
?
Jan 21, 2015 18:05
|
|
|
I'm sure this is something that's been discussed ad nauseum in this thread, but, uh, it's 500 pages so... is there any reason to suspect that over the course of say, 5 years, I could do better actively trading stocks than if I just parked my cash in an index fund? Like, assuming for the sake of argument that my financial future is secure, I have X thousands of dollars to play around with and I quit my day job and just traded stocks all day. (I know, big assumption.)
|
|
#
?
Jan 21, 2015 18:18
|
|
|
Dwight Eisenhower posted:Thanks for the heads up on Arcam btw, after some reading I bought in and it has played out nicely so far. I think they are going to crush earnings, which is in a few weeks. They sell in small quantities, so selling 8 printers instead of 5 is a big deal. Anyway it's a long term play but I expect something good short term too.
|
|
#
?
Jan 21, 2015 18:33
|
|
|
logical phalluses posted:I'm sure this is something that's been discussed ad nauseum in this thread, but, uh, it's 500 pages so... is there any reason to suspect that over the course of say, 5 years, I could do better actively trading stocks than if I just parked my cash in an index fund? Like, assuming for the sake of argument that my financial future is secure, I have X thousands of dollars to play around with and I quit my day job and just traded stocks all day. (I know, big assumption.) Trading stocks and options is higher risk than parking money in an index fund. Higher risk means you can do better or worse than the index funds. So, sure, there's a reason to suspect you could do better. There's also reason to suspect you could do worse. If you want us to give you permission to play with your money, you have it! Please send $25 for the annual membership fee (this includes a double pack of Tums).
|
|
#
?
Jan 21, 2015 18:34
|
|
|
logical phalluses posted:I'm sure this is something that's been discussed ad nauseum in this thread, but, uh, it's 500 pages so... is there any reason to suspect that over the course of say, 5 years, I could do better actively trading stocks than if I just parked my cash in an index fund? Like, assuming for the sake of argument that my financial future is secure, I have X thousands of dollars to play around with and I quit my day job and just traded stocks all day. (I know, big assumption.) Yes, but you have to be good at it. Also short term capital gains vs long term
|
|
#
?
Jan 21, 2015 18:37
|
|
|
logical phalluses posted:is there any reason to suspect that over the course of say, 5 years, I could do better actively trading stocks than if I just parked my cash in an index fund? "Could"? You definitely could. "Would"? There are a lot of reasons to suspect that in fact you would not do better. Jump in with your extra $$ and have fun!
|
|
#
?
Jan 21, 2015 18:39
|
|
|
Theres a difference between day trading for income and actively managing stock investments.
|
|
#
?
Jan 21, 2015 18:41
|
|
|
Alternate advice. Follow your heart. Trade options on margin.
|
|
#
?
Jan 21, 2015 18:45
|
|
|
What about CEFL?
|
|
#
?
Jan 21, 2015 18:53
|
|
|
Never day trade your own money for an income. Always trade other people's money. Same goes with businesses, shelter your own assets and gamble with those of others.
|
|
#
?
Jan 21, 2015 19:17
|
|
|
Leperflesh posted:Please tell me the "batman" trendline is a joke about technical traders' over-enthusiasm for finding patterns in charts? Yes, it's a joke. Although I could probably start a paid investment advice website using the Batman trend line and similar concepts.
|
|
#
?
Jan 21, 2015 19:27
|
|
|
quote:Yes, it's a joke. Although I could probably start a paid investment advice website using the Batman trend line and similar concepts. I recognized you were joking, clearly, but I'll admit I'm seeing fat Batmans everywhere now. Very foreboding. Also, I'm in on CSIQ. I don't know all the solar companies as well as I probably should, but I'm sold on general industry prospects. (Edit: and it's already up, well done guys). jmzero fucked around with this message at 19:40 on Jan 21, 2015 |
|
#
?
Jan 21, 2015 19:37
|
|
|
Why doesn't Robinhood let you buy CSIQ?
|
|
#
?
Jan 21, 2015 20:02
|
|
|
Goddamn I love making thousands of dollars while sitting in class*. Thanks NFLX. Today AMC I'm watching SNDK and will probably be picking up a SWKS straddle or two. *makes up for my aborted COH trade. Pretty sure they changed the date on me at the last minute!
|
|
#
?
Jan 21, 2015 20:03
|
|
|
Anybody in on FXCM since today or yesterday? I'm in. Oh boy am I in. Small account so I can't play with the big boys but I am to the wall overnight from 2.24.
|
|
#
?
Jan 21, 2015 21:36
|
|
|
|
| # ? Jun 3, 2024 23:21 |
|
|
a posting ghost posted:Anybody in on FXCM since today or yesterday? I'm in. Oh boy am I in. Small account so I can't play with the big boys but I am to the wall overnight from 2.24. I'm in.
|
|
#
?
Jan 21, 2015 22:17
|
|