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2014 Trading Thread 2014 Trading Thread

11-06-2014 , 09:21 PM
Anyone trade that SLXP after hours? I was in a meeting when someone on the floor started going ape**** and I ran to my desk to see it already down 60 points. Made a little bit trading it after that, but wish I could have been there for the initial move, although not sure if I would have caught any of it. Should be an interesting name tomorrow.
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11-06-2014 , 09:23 PM
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Originally Posted by DickFuld
You're going to get crushed trading options in a name like this, especially without experience. Don't try this.
Yeah, just pondering about it.... I do suck ass in options and lose more often then not, AEGR was the minority today.

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Originally Posted by Hammerin Hank
I disagree here. Options on low volume stocks have extremely poor liquidity and huge bid/ask spreads. Save the gambling for three betting light against the weak tight
Just the mention of poker gives me the shudders though...
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11-06-2014 , 10:27 PM
Quote:
Originally Posted by twelve yr old
Anyone trade that SLXP after hours? I was in a meeting when someone on the floor started going ape**** and I ran to my desk to see it already down 60 points. Made a little bit trading it after that, but wish I could have been there for the initial move, although not sure if I would have caught any of it. Should be an interesting name tomorrow.
Same thing over here. There was a guy holding a decent amount short overnight and freaked out. I really doubt there was any opportunity on the initial move though
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11-06-2014 , 11:41 PM
UBNT is one I'm glad I sold at 3pm today, crushed in earnings. May finally be learning how to duck some of the hype.
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11-07-2014 , 12:24 AM
Cicakman....oh well since all your fellows here are convinced it's a P&D. You should have another chance to get in on this. Yea you wont have an edge on this one unless you have a background in wireless. But then again, you really going to have an edge on Tesla?

Anyway, for all those in the Pump and Dump camp here is an idea for STRP

P&D's usually don't last long and the pumps last longer than the dumps. On a dump this should drop by 50% right? Why not play the puts than folks?

You can probably get the STRP 2/20/2015 15 puts for $1 and if this stock gets dumped to $10, you can make 4-5x.

What you guys think? Since this is obv. a P&D this should be a no brainer..
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11-07-2014 , 01:05 AM
Quote:
Originally Posted by Extreme Ways
I think you need anger management
Ha. I aint mad homey. Just defending accusations of being a pumper. Tooth came at it hard and very confidently. I'm not trying to pump this at all. I mean any new name mentioned on here that's speculative is going to be categorized as a pump and dump. I'm going to pull out my list of phase 1 biotech stocks to pump next, since STRP was a failure. JK
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11-07-2014 , 01:05 AM
lol at the pump and dump bashing here. Just because it's a pump doesn't mean it's free money shorting. Yeah there are opportunities and frequently good ones, but I wouldn't call them no brainers just because it's getting pumped
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11-07-2014 , 01:14 AM
Quote:
Originally Posted by ToothSoother
Bokeem, I particularly liked this:

Followed by this:

Well sure, if the chance is 90%, and your numbers are correct, every tech company and his dog would be buying up this spectrum. They aren't.


You can write paragraphs, but it's a simple question, really. Why are companies like Google, who were buying vast amounts of dark fibre, not interested in $90 billion worth of spectrum for $250 million? Why aren't telecoms interested? If this **** has even a small chance of being worth anything (and spectrum should be, given that it's fundamentally limited by the laws of physics), why does no one want it at a bargain price?

More clown you if you can't answer that question and yet are recommending the stock.

Google and Samsung are interested. The guy who started the whole microwave spectrum research lab at Samsung left to join as the CTO of STRP.

http://www.linkedin.com/pub/jerry-pi/1/86b/451

They may have been approached to sell but we may never know. Google could have offered them $300mm for it and they might have rejected the offer. Who knows.

Google is testing a variety of bands and to be fair, not the spectrum STRP owns licenses for. You can infer what you want from that but the point is, this is in the very early stages.

http://www.reuters.com/article/2014/...0I42TN20141015

If I told you 4 years ago this guy who co-founded PayPal is building electric cars with sick battery tech and the stock is only 30 bucks but worth north of 200, would you have said how come BMW isn't coming in and buying it?
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11-07-2014 , 03:04 AM
Quote:
Originally Posted by Bokeem
If I told you 4 years ago this guy who co-founded PayPal is building electric cars with sick battery tech and the stock is only 30 bucks but worth north of 200, would you have said how come BMW isn't coming in and buying it?
You are super full of **** in all of your posts thus far, but that said this is a terrible example. Elon has repeated the same mantra that Tesla is independent and that he refuses to sell any shares. BMW would have had to pay a ridic premium to get Tesla, if it was at all possible. They (wisely) chose instead to build their own EV and compete head on.

Additionally, I decided to research the spectrum assets that they own and you keep touting. I am an excellent research analyst, and you cannot bull**** a bull****ter. Absolutely NOTHING about them suggests they own spectrum that major cell carriers are in the market for today. I actually highly doubt the spectrum they own will actually be put into usage, and given the duration of ownership offered by the FCC, it will almost certainly expire worthless.

If you are not actually a pump and dumper, you are absurdly unintelligent. If you know even a little bit about this industry, you would know that the assets of this company are absolutely worthless. I also found that they tend to patent troll, except when they win, they win basically nothing, or at least less than their (tiny) cash burn rate. This is classic pump and dump, preying on the uneducated. 39 GHZ SPECTRUM IS WORTHLESS. The FCC requires that licensees prove they are providing substantial market coverage, else it rejects approval of a company's implementation of it. In fact I could not find a single company who has successfully received FCC's acceptance through any reasonable duration of usage.

Finally, if they do actually receive any revenue whatsoever from this spectrum, it will be absurdly small. A carrier using this would be purely using it for their own backend as an addition to their existing network. Given the nature of how spectrum works geographically, I would doubt this is worth 10 figures annually. In fact I would doubt its even worth 7 figures. It's literally just a "okay sure we'll take some of it, here's $50k" type of deal. That's how worthless it is.
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11-07-2014 , 04:23 AM
Quote:
Originally Posted by Bokeem
Google and Samsung are interested.
Proof of this statement? The below is not proof.

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The guy who started the whole microwave spectrum research lab at Samsung left to join as the CTO of STRP.
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They may have been approached to sell but we may never know. Google could have offered them $300mm for it and they might have rejected the offer. Who knows.
el oh el.

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If I told you 4 years ago this guy who co-founded PayPal is building electric cars with sick battery tech and the stock is only 30 bucks but worth north of 200, would you have said how come BMW isn't coming in and buying it?
No, I wouldn't have. Completely different. For lots of reason:

- BMW can do everything that TSLA can, and would if there was profit in it.
- TSLA isn't worth 320x a $4 billion market cap, as you clown-claim the spectrum holder is
- Buying TSLA offers no competitive advantage for BMW

If there was even a chance this spectrum is other than worthless, tech companies and telecoms would be buying it, because it locks out competitors, because it gives them capabilities they wouldn't otherwise have, because it is a finite resource, because there's lots of potential profit in it.

It is obvious from basic common sense that your 300 bagger scenario is complete horse ****. Dickfuld's research just confirms it.
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Yea you wont have an edge on this one unless you have a background in wireless.
Yet the people who DO have a background in wireless AND the money to buy AND a desire to own spectrum want nothing to do with it. Je ne comprends pas?

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But then again, you really going to have an edge on Tesla?
Yes, I have an enormous edge on TSLA.
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11-07-2014 , 09:00 AM
Really would like to see a KING short squeeze here after a pretty good quarter.

The short thesis on this stock (that they're a one trick pony with Candy Crush) is proving to be false. Candy Crush is down to half of their revenues. While Candy Crush is in decline, their non-Candy Crush titles are seeing massive revenue growth. In fact, at $260m in revenue, their non-Candy Crush titles are bigger than ZNGA and GLUU combined. We'll have a new mobile game in the back half of quarter 4 with Candy Crush Soda, and they said they're working on new games for 2015 including a new suite of non-puzzle casual games, and non-casual gaming as well.

The company ended trading yesterday as a $4.2b company with $830m in cash, and a company that should be generating about $150m per quarter in free cash flow for at least the short-term. Their profit margins are still ridiculously high, so they have costs under control.
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11-07-2014 , 11:11 AM
So I'm glad I didn't go knife catching on GNW yesterday. Wow.
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11-07-2014 , 11:49 AM
Sold my URI at 113.01 for a 7.87% gain. I was only really looking for $110 for it, but pressed it because the market was so bullish. I'm selling now just because on a short term trading time frame I think the risk/reward is balancing out.

If we stay in rally mode it can go up 5pts or so, but if we correct for some reason in can drop $13 pretty easy. I think the probability favors the it going higher, but I'm not sure I'm correct often enough to risk $13 + on the way down. (Still love me some URI though longer term...very much my stock of year).

I might be done w trading for next week or two. My only holding left is ATVI and that is coming with me into the new year. I think I'm going to spend some time strengthening the watch list and preparing for the next real good opportunity. (i.e., I'll risk missing further melt up).

Up a personal best 20.39% YTD
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11-07-2014 , 12:00 PM
Fantastic returns savant, congrats.
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11-07-2014 , 01:32 PM
Dempster you must be loving the miners move!

Crazy volume in metals today
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11-07-2014 , 01:39 PM
Not sure if I made the right move but I sold my GOOG holdings at $539 (bought at $508 less than a month ago). I may re-enter if it dips in the next month or two.
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11-07-2014 , 01:57 PM
Ayight sold my BABA into this strength.

Holding CORN and UNG which are beasting in these rallies.

Not going to sell KORS even with this fade. What started out as a scalp has turned into a value trade I like for the mid term.


Grabbed a bit of RWM today, only thing I've got short right now.
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11-07-2014 , 02:10 PM
oh btw, avoid questrade like the plague. Those shares of CALM took like 5 days post split to arrive, and then when they did I had to manually contact the broker to get the book value right. Doing good on that trade, up almost 10%, and the split should probably help with that one over the next little while.
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11-07-2014 , 02:13 PM
WWAV's earnings are out on Monday. Take a look if you have a chance.

I wrote my analysis on WWAV here. Please feel free to critique. Thanks.

Disclaimer: I own shares of WWAV.
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11-07-2014 , 02:14 PM
Quote:
Originally Posted by rafiki
oh btw, avoid questrade like the plague. Those shares of CALM took like 5 days post split to arrive, and then when they did I had to manually contact the broker to get the book value right. Doing good on that trade, up almost 10%, and the split should probably help with that one over the next little while.
That's awfully slow. It should be within 24 hrs.
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11-07-2014 , 03:38 PM
Quote:
Originally Posted by rafiki
So I'm glad I didn't go knife catching on GNW yesterday. Wow.
no ****. I went long through earnings via calls. So glad I did. The weird thing about GNW is that in the financial press everyone thought it was good value if they only had to increase their LTC reserves by $1b. They actually did less than a $1B and the stock cratered. Not sure what people were expecting. I'm looking for an entry but I have to do more research now.
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11-07-2014 , 04:23 PM
-after last weeks horror show...clawed my way back to +plus with GDX leading the way with its standard hyper bounce after being pummeled (lol).

-this was the 3rd time this year i capitalized on GDX,...but must say this one was pretty frustrating.

-made the bulk of my GDX profits shorting DUST (bear 3x ETF) .Although i rarely hold a LONG levered ETF overnight,,,the decay factor by shorting them is pretty severe/sweet

-i certainly didnt catch the entire move ...but it dropped from $50+ to $35 in 2 days

-still long GDX(cut size to1/2)

-struggling with other shorts, but positioned well imo


GL
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11-08-2014 , 02:13 AM
EV massively overvalued imho. This active news is bull****.
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11-08-2014 , 12:32 PM
Quote:
Originally Posted by savant111
Up a personal best 20.39% YTD
Good job Savant. Good to see you guys outperform despite the indices ripping
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11-08-2014 , 10:26 PM
Thanks Domer and JB!
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