What's your target on LVS? Because I just started stalking them for a short opp....

sold all my cski at 6.30 and rolled the proceeds into march 10 calls for .45

will post a writeup soon explaining why but im fairly confident its a sick bet.

very interested in reading your thoughts

Does anyone know how to trade Greek government bonds with IB? If at all possible. I'd hate to use my bank with their ridiculous fees.

http://forumserver.twoplustwo.com/30...ptions-876502/

ahnuld, are you still in FRD? It has been performing great the last couple of weeks. But I'm not ready to sell yet. That being said, I think it's a bad decision that they're increasing the dividend again (to a nice level I must say). I'd rather have them buy back some stock while it's still undervalued. But they seem to have a dislike of stock repurchases.

yes from looking over historicals they seem to be much bigger fans of dividends than stock repurchases. Sucks for tax reasons for us but at least they return excess cash. over the last 8 years or something they have a div policy of about 33% of NI.

im not ready to sell either. its one of my largest positions and im pretty confident with it so im holding most of it for a while yet.

frd is still a pretty good buy, but since it's so thinly traded I don't think a buyback would accomplish much of anything other than short-term. afaik there aren't any analysts following such a small company, so the dividend is an interesting decision. they weren't in danger of heading much lower, so some believe the higher yield potentially gives them a couple more $/share as an m&a target. especially important since the stock is discounted so much anyway.

if you'd like to follow this more closely, I suggest reading more news on US Steel in the Texas region. rumors are that they've been gradually re-hiring the workforce that they laid-off, but still well short of the ~1000 range needed for reopening of the plant.

the US steel plant in lone star has been opened since feb

sorry, editing my post on my phone got the best of me.

I meant "returning to capacity since reopening the plant"

Out of curiosity, anybody get into QLIK since I mentioned it awhile ago? It opened (to Ameritrade) at $12/share, its now $25 just two months later.

I'm totally stunned at the huge ~30% leap this week though...I have no idea what to think. Some valuations put this at $35-40+

**beats self over head for not buying at IPO**

Any thoughts?

out of curiosity, do you know who the underwriter was?

Citi and/or JP Morgan I believe.

http://seekingalpha.com/instablog/19...k-technologies

The author has a site at bigwavetrading.com, which I've subbed for a year and couldn't be happier. Made it a long for morning of 9/14, not planning on selling it unless there's massive distribution. 8/20 could also have been a buy point.

The 61.8% retracement from the high close on the S&P in late April to the low close in early July is 1142.90. Today, the S&P closed at 1142.71

If it holds, that's damned freaky.

Is it time to short AMZN yet?

short eur/usd 1.31466

Great fill, that's above the high of the futures this morning (4am cst)at 1.3146

Thanks, hoping this TL holds strong. If not Long 1.31542.

What's your opinion on the FOMC?

None. Just hope I can react to the markets reaction to it.

About the FOMC today. Every stock market in the world is around 4-month highs. Gold all-time highs. Crude $76. Last couple jobs/housing numbers were modest improvements. And people think they are going to announce MORE QE on top of what is already one of the most accommodating monetary policies in history?

I just don't understand.

Well that was the most fun I've had all week

They certainly opened the door to it. And everything went nuts for about 30 minutes.

Until everyone realized that if we are truly in a recovery, the Fed should really be talking about a timetable to tighten and exit strategies, not further accommodation.

Trying to avoid a likely double dip obv.