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2017 Trading Thread 2017 Trading Thread

08-17-2017 , 04:05 PM
Quote:
Originally Posted by rafiki
Close is looking mighty bearish. Curious what would happen if we had another one of these tomorrow.
first day i felt like an actual trader in months
08-17-2017 , 04:26 PM
if vix keeps ripping its gonna be a truly monster short squeeze



compare to aug 2015 china deval vix massacre which caused multiple days of stock futures LD
08-17-2017 , 04:27 PM
Quote:
Originally Posted by de captain
--(BUSINESS WIRE)-- AMC Theatres® announced today its concern that an announcement by a small fringe player in the reselling of movie tickets is not in the best interest of moviegoers, movie theatres and movie studios

AMC doesn't seem impressed nor do they think it's viable. I'd have to agree.

The moviepass guy was on the news this morning saying they'll make their $ through advertising and VIP access to the snack bar lol.



Suppose AMC doesn't allow Moviepass and customers want to go to AMC theaters because they're bigger, nicer, and closer to home. That would put Moviepass out of business, right?
Yeah I don't think that Movie Pass is a particularly good idea. I was just pointing out that from AMC's perspective, Movie Pass is a competitive threat because it could put downwards pressure on the sales price for their tickets. So, I understand where they're coming from in trying to block it.
08-17-2017 , 05:57 PM
Quote:
Originally Posted by rafiki
Close is looking mighty bearish. Curious what would happen if we had another one of these tomorrow.
What will happen if we have another day like today? We will be down another 1.5%. Depending on how much it is different than today, it will be not exactly 1.5%.

That is kind of how two days in a row of something works.
08-17-2017 , 11:51 PM
ya ya ya
08-18-2017 , 12:09 AM
Quote:
Originally Posted by Malachii
Suppose that Movie Pass gets enough critical mass that a significant percentage of AMC's customers will only use that, and refuse to pay full freight for movies. That would put Movie Pass in a pretty good position to negotiate some discounts, right?
I read on a different forum that AMC Advisory Council (a survey panel for customers) floated the idea of a unlimited pass at a fair price, ~$25 a month. More loyalty and concession dollars extracted from their frequent customers. They wouldn't have to give up money to a company that will soon be bankrupt (Moviepass was rescued by that buyout).

The AMC theaters around me have been surpassed by leather recliners, reserve seating, on-premise alcohol, and better dining options.

The AMC 30 in Orange used to be one of the top grossing theaters in the country; nowadays you'll be lucky to get theaters without sound/projection issues, and even functional clean restrooms.
08-18-2017 , 03:45 AM
Anyone else believing the widespread sell-off? Sure market is do for slight correction... but seems like most businesses after doing substantially well.

I will be swing trading some.

Also, MGTI seems interesting. Not so much for their cyber security, but their bitcoin mining operation. Apparently their expansion will be in place in 2 weeks according to their own website, but since its pink slip Im having difficulty verifying from outside source.
08-18-2017 , 03:49 AM
Quote:
Originally Posted by dolphiNny5
I am new to trading and I want some information to get started. Does anyone have any guide as to how I can learn more about the market? There are just way too many information out there for me to even know where to start!
Will send you a skype message over the weekend.
08-18-2017 , 10:16 AM
Quote:
Originally Posted by daChimp
Anyone else believing the widespread sell-off? Sure market is do for slight correction... but seems like most businesses after doing substantially well.

I will be swing trading some.
i think a 5%+ down move is long overdue and the market rally was insanely optimistic. its not based on some high level analysis or anything, valuations are just historically high

bought 210 put verticals in spy that pay 20-1 expiring in dec when vix was at 9. now i'm selling vix calls against it at every down move/vol spike against it. last volatility spike and collapse paid for the spy verticals so if we can have a handful more spikes and contractions, i will be having a very merry xmas. if the put verticals don't expire worthless it would be a nice bonus
08-18-2017 , 02:53 PM
The market would love a Pence presidency amirite?
08-18-2017 , 03:05 PM
I'm on the fence about Pence
08-18-2017 , 03:10 PM
Quote:
Originally Posted by Pokabandito
Short EDIT @ 20.9
Entry on this could have been a little better (around 22), but I closed it out today at 18.08.
08-18-2017 , 03:35 PM
Quote:
Originally Posted by Pokabandito
Short CRSP @ 19.4
Closed at 18.38. Candidly expected more of a downward move in line with EDIT, but don't think I want to hold through weekend to see how it reacts next week.
08-18-2017 , 07:51 PM
Quote:
Originally Posted by daChimp
Will send you a skype message over the weekend.
I too am new to trading. Can you pm me as well? I posted on what to read thread too.

Sent from my Redmi Note 4 using Tapatalk
08-18-2017 , 07:56 PM
Quote:
Originally Posted by mark "twang"
I'm on the fence about Pence
He makes me feel tense
08-19-2017 , 02:41 AM
Quote:
Originally Posted by RaciperD
I too am new to trading. Can you pm me as well? I posted on what to read thread too.

Sent from my Redmi Note 4 using Tapatalk
I know dolphiNny for a while and we have history. Nothing against you, but Im novice and there are others much smarter than me. But I have a few tools, ideas, and discuss my trials/tribulations with phin.

Sorry
08-19-2017 , 02:48 PM
Quote:
Originally Posted by BrianTheMick2
He makes me feel tense
And lacks common sense
08-21-2017 , 10:08 AM
Quote:
Originally Posted by mark "twang"
And lacks common sense
so you're on the fence?
08-21-2017 , 10:09 AM
Nice little pump going KDKGF - possible multibagger
08-21-2017 , 12:31 PM
anyone playing the solar eclipse?
08-21-2017 , 12:52 PM
I'm playing Dark Side of the Moon.
08-21-2017 , 01:11 PM
Quote:
Originally Posted by juan valdez
anyone playing the solar eclipse?
She Blinded Me With Science

And

Its the End of the World As We Know It
08-21-2017 , 01:23 PM
Short solar obv
08-21-2017 , 01:29 PM
Quote:
Originally Posted by JL514
Short solar obv
Hahaha... nice.
08-21-2017 , 03:54 PM
Bzun earnings today... Hoping for the best

      
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