What was your stop?

37.50 seemed like an obvious stop (the low from last month; support), but it never got below 37.75 today ... yet.

I got stopped out at 41.04, short term it had tested that 41ish support several times and I decided that if it lost that battle after the bruising it's been taking, a good chunk of the bulls would give up. I have absolutely no clue if the stop was chosen adequately, and I won't use the results from today to say much.

I'm quite certain I want to own this thing again, I'm also quite certain that I'm not equipped to pick the spot to grab it. Dont have the nuts to grab it here though.

More than anything I want to figure out how I let such a winner turn into such a loser. I probably should have been way more aware of the short float. Stupid me for not checking it.



Watching BABA and Softbank today is crazy. Softbank is another one I'm going to buy, eventually. I agree with the Yahoo bears though, seems cooked.

Got out of YHOO on Friday in the low 41's, feeling good about it now.

After the sell off on Friday I picked up the 40 calls that expired same day at .40. Got out of them at 1.07. Tried rolling it into this week now and picked up the 40s that expire this Friday around .50. Hopefully the market recovers a little bit.

Good timing all around guys.

technical guys, where you like support for SPY?

190.

Aug, low.
May, high.

Cool thanks. This 190-201 range is one of the harder spots I've been in. Interested to hear how some of you guys are distributed between long/short/cash

Looks like a healthy retrace from ATHs in big caps, anyone have a theory on what's next for the Russell? It's now basically in a holding pattern for the past nine months when the business media keeps pumping the economy is getting better. If you look at a multi year chart, it looks like it's topped honestly on the verge of a major correction but there isn't really the fundamentals to support it.

twice burnt? got some UBNT at $37.15, still in the process of making a plan for it. Probably not ideal to buy it without one, but I wasn't expecting to be able to get them at that today.

Also going to put my head in the jaws of DO. Long 37.55

I'm not sure what to think of the Russel divergence. I didn't really think it was possible to see all of tech get beaten down with the SP still at highs. IMO we're still in a buy the dip market that apparently nothing can stop

GLD and GDX having an interesting open. I'm not sure this is the convincing bounce it was hoping for.

stopped out of the UBNT scalp, at least that one was profitable. Done for the day, good luck guys. You sharps must love this environment.

Keep a long term eye on eBay, I believe it's either going to be an M&A target, activist target, or they will spinoff PayPal & unlock more value. It's P/E is very cheap compared to its competitors and the stock really hasn't moved at all the past year. Not to mention options activity over the summer has jumped considerably, not really saying its a buy or short yet but I am looking to play it when a direction emerges. Due for a decent move out of this $50-$59 multi year range.

Watch LVS in particular among the casino stocks, decent call buying/volume today on what could be a bottom reversal finally. May hop in myself.

Getting tired of watching GPRO, so overstretched/pumped at this point it's a joke. Too volatile to come in and short too.

everything is a whip-saw right now.. wish i was a scalper..

Put options are obscenely expensive for this insanity. Calls not so much obviously.

How about a short sale?

hyachaha

Obviously, same reason it's impossible to get shares to short is why it's going up so quickly (looks like TWTRs first run) insanely low amount of the float out there creating lots of pressure. Bring on the secondary offering.

gpro is bizzarro land.

1.5k in Vodafone
1k in GSK
1k in 888 Holdings
1k in Unilever

Questions welcome

1k/1.5k shares in each? Is vodafone just a yield play and if not what makes you bullish? Why 888?

I've been watching EBAY hoping it dips below 50.

It's already been an activist target (Icahn).

GPRO just pushed through 80 in pre-market trading, worth $10.1b in real-time.

Trading at 80-times next year's expected earnings, 100-times this year's expected earnings.