2017 Trading Thread - Page 7 - Business, Finances and Investing Forum

Hey raf look at SALT man. Broke out again hit 7.00! Im thinking of just reducing size and position trading for months anything i trade long that i like the fundi's. In this market it makes since.

01-18-2017 , 07:55 PM

#153

cicakman

banned

Join Date: Jul 2008 Posts: 9,229

Kerrisdale posted they are reviving a short. Could be $STRP??

01-18-2017 , 08:00 PM

#154

twelve yr old

old hand

Join Date: Nov 2009 Posts: 1,867

Quote:

Originally Posted by cicakman

Kerrisdale posted they are reviving a short. Could be $STRP??

I'd say that's a good bet. That or SAGE

01-18-2017 , 10:27 PM

#155

jb514

veteran

Join Date: Oct 2009 Posts: 2,837

Yeah I'm feeling it's STRP considering they hinted it was an old pick.

01-19-2017 , 01:21 AM

#156

BooLoo

adept

Join Date: Oct 2013 Posts: 943

so NFLX is losing about 100$ in cash per user gained?
i get that it's a good stock to trade but what's the bullcase here?

01-19-2017 , 07:26 AM

#157

wheatrich

Carpal \'Tunnel

Join Date: Sep 2005 Posts: 21,239

Quote:

Originally Posted by BooLoo

so NFLX is losing about 100$ in cash per user gained?
i get that it's a good stock to trade but what's the bullcase here?

I believe the bullcase is that they will essentially replace TV cable/sat services in every home in the world.

Price is insane to me though.

If trump goes through with the tariffs, the play is to short retail/grocery and anything else here where most of their products are not made in USA#1 and US exporters to those places right (since they will tariff us back)? Prices of all our cheap things about to go up.

01-19-2017 , 10:03 AM

#158

EddyB66

Carpal \'Tunnel

Join Date: Feb 2011 Posts: 26,766

If I was looking into investing in blockchain technology, what stocks are out there that would be good to invest in? I've only seen stuff on the OTC market.

01-19-2017 , 10:45 AM

#159

DoctorZangief

banned

Join Date: Aug 2014 Posts: 2,559

Um.. GLBS is going nuts if anyone else wants in.

Actually I'm out for now.

Sold half GLBS 8.6 from 7.2 and half 8.65 from 8.2 in 15 minutes =/

01-19-2017 , 11:47 AM

#160

diskoteque

Joey Local

Join Date: Aug 2010 Posts: 30,420

Begrudgingly exited FSLR finally. So get ready for it for double this week everyone.

01-19-2017 , 01:56 PM

#161

ASAP17

Pooh-Bah

Join Date: May 2008 Posts: 5,882

Quote:

Originally Posted by ASAP17

The day after this post (1/5) DKS had a buyer of 5k March $57.5 calls @$2.5 that decided to cashout today at a 20% loss. The skew is incredibly negative (those massive March $48/$44 puts/spreads havent been touched). The chart is bad, it acts really poor intraday even on its up days but buyers seems to like it here in the $52s (having said that there is a huge gap to fill under this to the high $40s. I'm sticking with it, we all know the B&M retail story so far this season and both technicals/fundamentals support more downside.

Sub $51, really hope some of you guys are taking advantage. XRT continues to act anemic as data shows holidays were weaker than expected across the board.

01-19-2017 , 03:57 PM

#162

rafiki

Carpal \'Tunnel

Join Date: Jan 2006 Posts: 40,013

Tooth is back!

01-19-2017 , 04:01 PM

#163

Smokey_The_Bear

old hand

Join Date: Jan 2009 Posts: 1,739

Quote:

Originally Posted by ASAP17

Sub $51, really hope some of you guys are taking advantage. XRT continues to act anemic as data shows holidays were weaker than expected across the board.

I'm in with you from 51.15

01-19-2017 , 04:51 PM

#164

wopbabalubop

banned

Join Date: Jul 2016 Posts: 610

does dks get a bump with tiger being back and most likely endorsing new equipment?

01-19-2017 , 05:04 PM

#165

DoctorZangief

banned

Join Date: Aug 2014 Posts: 2,559

Sadly my tax free account only lets me go long. Bullrider for life.

I'm in on uranium again. I feel silly that I missed the URRE break the one hour I stopped paying attention. In URRE at 2.54 and CCJ at 11.8.

I also offloaded 1/4 of my CSBR at 3.7. There's still someone buying up shares but there's 0 volume and I was getting nervous.

01-20-2017 , 11:45 AM

#166

smoothcriminal99

old hand

Join Date: Jul 2011 Posts: 1,537

RAD is going to give me a heart attack

01-20-2017 , 12:08 PM

#167

wopbabalubop

banned

Join Date: Jul 2016 Posts: 610

Quote:

Originally Posted by ASAP17

Sub $51, really hope some of you guys are taking advantage. XRT continues to act anemic as data shows holidays were weaker than expected across the board.

How long is this play?

01-20-2017 , 12:30 PM

#168

ASAP17

Pooh-Bah

Join Date: May 2008 Posts: 5,882

Quote:

Originally Posted by wopbabalubop

How long is this play?

Another month at least, likely right up to March expiration unless the big $ cashes out and/or something fundamental changes in that time period.

01-20-2017 , 12:43 PM

#169

stinkypete

Carpal \'Tunnel

Join Date: Jul 2004 Posts: 15,783

Quote:

Originally Posted by ASAP17

Sub $51, really hope some of you guys are taking advantage.

in for the ride at 51.61

01-20-2017 , 12:51 PM

#170

ASAP17

Pooh-Bah

Join Date: May 2008 Posts: 5,882

Some are speculating this RAD story is opex shenanigans. The bear case on no deal is all the way down to $4-$5. Fred performance is definitely a bit of a concern now.

01-20-2017 , 01:41 PM

#171

wopbabalubop

banned

Join Date: Jul 2016 Posts: 610

stealing shares of X and STLD at this price.

01-20-2017 , 01:53 PM

#172

ASAP17

Pooh-Bah

Join Date: May 2008 Posts: 5,882

Quote:

Originally Posted by ASAP17

Some are speculating this RAD story is opex shenanigans. The bear case on no deal is all the way down to $4-$5. Fred performance is definitely a bit of a concern now.

In fact guys 100k RAD $7 puts expiring today traded and got as high as $.63 with 240k in OI. I'm very suspicious of the action here.