2017 Trading Thread - Page 47 - Business, Finances and Investing Forum

Haven't been around my desk most of the day, what caused SNAP to rip today after yesterday's after the bell news in regards to their ad sales being discounted.

05-26-2017 , 10:25 AM

#1152

wopbabalubop

banned

Join Date: Jul 2016 Posts: 610

Contemplating a little ALXN while it's still dropping.

05-26-2017 , 10:43 AM

#1153

ToothSayer

Carpal \'Tunnel

Join Date: Jul 2015 Posts: 13,237

Quote:

Originally Posted by SenatorKevin

Haven't been around my desk most of the day, what caused SNAP to rip today after yesterday's after the bell news in regards to their ad sales being discounted.

Positive day, people buy up beaten down crap.

05-26-2017 , 01:51 PM

#1154

Ihateregs

centurion

Join Date: Aug 2009 Posts: 167

Buying a little more KEEKF and just looking at SNAP options.

05-29-2017 , 12:23 PM

#1155

Smokey_The_Bear

old hand

Join Date: Jan 2009 Posts: 1,739

Life beat:

Held a pretty volatile position overnight on Friday thinking I could close it today. Forgot it's a holiday. FORGOT it's a goddamn holiday! Now i'm going rafting in Utah with no access to the internet, and I guess my position is staying open til Friday when I get back.

See you all next week. my god.

05-29-2017 , 02:08 PM

#1156

MyrnaFTW

Carpal \'Tunnel

Join Date: Nov 2011 Posts: 7,553

Quote:

Originally Posted by Smokey_The_Bear

you can set some limit orders you know..

05-29-2017 , 04:21 PM

#1157

OlafTheSnowman

journeyman

Join Date: May 2014 Posts: 373

The internet has been available in Utah since 2006

05-29-2017 , 10:50 PM

#1158

Jupiter0

veteran

Join Date: Sep 2009 Posts: 2,469

Use a sell stop order, not a stop limit order at your stop loss price. If its a liquid stock. You dont want to have a stop limit order and it just blow past you limit price and you never get filled.

05-30-2017 , 10:20 AM

#1159

wopbabalubop

banned

Join Date: Jul 2016 Posts: 610

10 shares of AMZN or 50 ETH?

05-30-2017 , 10:28 AM

#1160

daChimp

Carpal \'Tunnel

Join Date: Nov 2009 Posts: 7,350

Quote:

Originally Posted by wopbabalubop

10 shares of AMZN or 50 ETH?

Or 100 shares of NVDA

05-30-2017 , 11:56 AM

#1161

wopbabalubop

banned

Join Date: Jul 2016 Posts: 610

Quote:

Originally Posted by wopbabalubop

Contemplating a little ALXN while it's still dropping.

Guess I'm not the only one... https://www.thestreet.com/story/1415...HOO&yptr=yahoo

05-30-2017 , 04:35 PM

#1162

andr3w321

adept

Join Date: Jul 2007 Posts: 1,148

Anyone with an opinion on Nintendo? Nintendo switch seems to be very popular and is back ordered yet not that many people have even heard about it yet it.

05-30-2017 , 09:55 PM

#1163

luthar

adept

Join Date: Feb 2006 Posts: 902

Has anyone looked at BlackBerry (BBRY) and their decision to go full security (software, OS and consulting) software instead of keeping their manufacturing wing?

There is a big market for security but don't think they have a great edge compared to other in the field. What do you all think?

05-31-2017 , 08:38 AM

#1164

bigt2k4

Carpal \'Tunnel

Join Date: Jul 2005 Posts: 15,296

Probably more of a value investing thread type of question.

05-31-2017 , 10:39 AM

#1165

luthar

adept

Join Date: Feb 2006 Posts: 902

Quote:

Originally Posted by bigt2k4

Probably more of a value investing thread type of question.

Ok, will go post it there...

05-31-2017 , 01:02 PM

#1166

rafiki

Carpal \'Tunnel

Join Date: Jan 2006 Posts: 39,964

KORS such a textbook example of mismanagement of a "luxury" brand. Wonder where it goes from here.

05-31-2017 , 05:15 PM

#1167

Jupiter0

veteran

Join Date: Sep 2009 Posts: 2,469

GBTC surprised me today. I think its actually going to run again and test the highs. Just from looking at the sell volume on its negative day the other day vs the big days prior there were so few sellers on that dip. Looks like consolidation. Thats the thing about bubbles. Never know when they will pop.

06-01-2017 , 02:00 AM

#1168

stinkypete

Carpal \'Tunnel

Join Date: Jul 2004 Posts: 15,783

Quote:

Originally Posted by rafiki

KORS such a textbook example of mismanagement of a "luxury" brand. Wonder where it goes from here.

Why do you say that? They've pretty successfully milked the "luxury" brand status selling crappy product for high prices to the masses for many years now. That kind of thing doesn't normally last very long but they've done pretty well with it.

06-01-2017 , 02:44 AM

#1169

daChimp

Carpal \'Tunnel

Join Date: Nov 2009 Posts: 7,350

Nice AH movement on PANW. This should squeeze nicely in the morning.

06-01-2017 , 07:27 AM

#1170

rafiki

Carpal \'Tunnel

Join Date: Jan 2006 Posts: 39,964

Quote:

Originally Posted by stinkypete

As they move to close a pile of locations now, one has to wonder if the right move was really make it the "affordable" luxury brand. I find they went too far in that direction, effectively poisoning their own brand. Nobody cares about the MK on a bag now, means nothing. It used to.

06-01-2017 , 07:53 AM

#1171

ToothSayer

Carpal \'Tunnel

Join Date: Jul 2015 Posts: 13,237

How do you grow in a crowded luxury market without selling to the masses?

I'm not sure if it's mismanagement so much as faddishness waning that is making MK decline. I mean, Armani did the same thing with the clown-level "Armani Exchange", which has forever tainted the brand and made it somewhat comical. Yet they're still doing ok.

06-01-2017 , 08:11 AM

#1172

rafiki

Carpal \'Tunnel

Join Date: Jan 2006 Posts: 39,964

MK execs have admitted numerous times in the past that they regret the department store couponing and some of the other tactics they used to try and boost profits. They're still paying for those mistakes today as it only took a few years for them to seriously hurt their rep.