Their margins arent that great either and if the market stays flat or down it will effect their retail trading volumes.
TD Ameritrade reported flat earnings. considering the market conditions the last quarter and since september, that ain't bad and probably helped support E-trade stock.
Their margins arent that great either and if the market stays flat or down it will effect their retail trading volumes.
TD Ameritrade reported flat earnings. considering the market conditions the last quarter and since september, that ain't bad and probably helped support E-trade stock.
thursday the 23rd market looks like it can't make up it's mind which way to jump. another jump in unemployment + decline in home sales somewhat off set by Apple earnings.
WYNN, LVS and BYD all moving higher BUT MGM flat after going over $6 early.
my ETFC overnight trade worked. got out @ 2.59 for 2 dimes. currently floating around 2.50 with an interday low of 2.45. gonna wait and see IF I can get another selloff. stock looks toppy.
thursday the 23rd market looks like it can't make up it's mind which way to jump. another jump in unemployment + decline in home sales somewhat off set by Apple earnings.
WYNN, LVS and BYD all moving higher BUT MGM flat after going over $6 early.
my ETFC overnight trade worked. got out @ 2.59 for 2 dimes. currently floating around 2.50 with an interday low of 2.45. gonna wait and see IF I can get another selloff. stock looks toppy.
I have seen Dykstra on the Fox "news" channel's "business" shows, AKA "the four horsemen of the apocalypse", a few times saturday mornings. he either has a VERY good staff to do his trading OR he's another Bernie Madoff.
sounds dumb as a box of rocks on TV and any "recommendation" I heard from him blew up.
decent close for the market today. looked like some late short covering.
I have seen Dykstra on the Fox "news" channel's "business" shows, AKA "the four horsemen of the apocalypse", a few times saturday mornings. he either has a VERY good staff to do his trading OR he's another Bernie Madoff.
sounds dumb as a box of rocks on TV and any "recommendation" I heard from him blew up.
decent close for the market today. looked like some late short covering.
Oddly, perhaps very oddly given this article, I made money on quite a few of his option plays.. but stopped following what he was doing about 9 months ago....maybe he is headed to sharing a cell with Madoff, putting the "con" in convict for real...
Oddly, perhaps very oddly given this article, I made money on quite a few of his option plays.. but stopped following what he was doing about 9 months ago....maybe he is headed to sharing a cell with Madoff, putting the "con" in convict for real...
You guys should take a look at BZH. I've been watching it for about a wk and finally got in yesterday at 1.24. Even if they have to write down assets again their book value should still be around $5/share. I've also got an upper level contact with their Dallas operations who tells me their sales are starting to pick up again.
The chart looks good and I think BZH is a good opportunity for a double or triple in the next 6-12 mos.
Nice move by BZH today to close at 2.18. Maybe that double will come in 12 days instead of 12 mos.
Quote Originally Posted by grapevinekid:
You guys should take a look at BZH. I've been watching it for about a wk and finally got in yesterday at 1.24. Even if they have to write down assets again their book value should still be around $5/share. I've also got an upper level contact with their Dallas operations who tells me their sales are starting to pick up again.
The chart looks good and I think BZH is a good opportunity for a double or triple in the next 6-12 mos.
Nice move by BZH today to close at 2.18. Maybe that double will come in 12 days instead of 12 mos.
Rat had three threads on gaming stocks that no one seemed to give a shit about SO I saw NO reason to comment.
but if YOUR interested, walls, here's what I think is happening.....
1) the City Center project was still shaky until everything got finally settled yesterday with the Dubia World people AND the rags also dropped their lawsuit.
2) the hegde hogs have been short out their ASS lately. just for info I tried to get some MGM and LVS to short (way above the market) and TD had NO stock to loan. I think that's WHY they got run in this morning.
3) all kinds of speculation from local news sources out here that Steve Winn would like to buy the Belagio AND Circus Circus (Circus NOT for the Casino, but for the LAND in that properties holdings) which would improve MGM's cash position.
btw, the Murdock Street Journel must be in cahoots with the hedge hog bears because they came out with a bash article throwing rocks at the casino stocks right in the middle of the session today
MGM running and no word from Rat?
Rat had three threads on gaming stocks that no one seemed to give a shit about SO I saw NO reason to comment.
but if YOUR interested, walls, here's what I think is happening.....
1) the City Center project was still shaky until everything got finally settled yesterday with the Dubia World people AND the rags also dropped their lawsuit.
2) the hegde hogs have been short out their ASS lately. just for info I tried to get some MGM and LVS to short (way above the market) and TD had NO stock to loan. I think that's WHY they got run in this morning.
3) all kinds of speculation from local news sources out here that Steve Winn would like to buy the Belagio AND Circus Circus (Circus NOT for the Casino, but for the LAND in that properties holdings) which would improve MGM's cash position.
btw, the Murdock Street Journel must be in cahoots with the hedge hog bears because they came out with a bash article throwing rocks at the casino stocks right in the middle of the session today
btw, after early spike moves in WYNN, LVS, MGM and BYD, which looked like a classic short covering blowoff on the MGM news, they all closed at or near their daily lows. I have been looking for a pullback and will be interested to see what happens friday.
their all WAY overbought and WAY overdue for a correction.
btw, after early spike moves in WYNN, LVS, MGM and BYD, which looked like a classic short covering blowoff on the MGM news, they all closed at or near their daily lows. I have been looking for a pullback and will be interested to see what happens friday.
their all WAY overbought and WAY overdue for a correction.
their all WAY overbought and WAY overdue for a correction. --------- as is the whole market but when the government is running billions of buy orders through Government Sachs and allowing accounting rule changes to show false profits for banks its tough to justify your thinking...even though i think the same exact way
their all WAY overbought and WAY overdue for a correction. --------- as is the whole market but when the government is running billions of buy orders through Government Sachs and allowing accounting rule changes to show false profits for banks its tough to justify your thinking...even though i think the same exact way
ETF "pee on the rug DOG" is trading @ 1.49. must have just been an order inbalance. that's dead money.
the running of the shorts thursday in the gamers freed up some LVS and MGM stock to loan @ TD so I shorted out 2k of LVS @ 8.10 early. think it will retrace to the mid 6 area.
I see that ETFC is halted, I dont see why..
ETF "pee on the rug DOG" is trading @ 1.49. must have just been an order inbalance. that's dead money.
the running of the shorts thursday in the gamers freed up some LVS and MGM stock to loan @ TD so I shorted out 2k of LVS @ 8.10 early. think it will retrace to the mid 6 area.
BCON has more damn lives than Murphy's cat. it's an absolute POS BUT any time there is any bullshit about "electric infrastructure" or "alternate energy" it get some attention
looks like some last half hour "I got mine this week and don't want to hold over the weekend" gaming selling. not suprised at all considering the moves.
got paid in my LVS short BUT missed on MGM @ 8.25. never got a fill and now it's 7.90.
really wish these fuckers would get clipped so I could re-enter BUT ain't that always the way it goes?
BCON has more damn lives than Murphy's cat. it's an absolute POS BUT any time there is any bullshit about "electric infrastructure" or "alternate energy" it get some attention
looks like some last half hour "I got mine this week and don't want to hold over the weekend" gaming selling. not suprised at all considering the moves.
got paid in my LVS short BUT missed on MGM @ 8.25. never got a fill and now it's 7.90.
really wish these fuckers would get clipped so I could re-enter BUT ain't that always the way it goes?
I think that what you saw today is a harbinger for most of this month.
If the morning starts off nasty and gloomy and full of pessimism (like today), I think it is wiser to look to add to longs than add to shorts. BIG MONEY wants this market up "for now," and unless you have inside info, fighting that syndicate is going to get you killed 99% of the time.
And if the morning starts off with cheerleading and hype and hoopla------probably best to look to take money off the table during the day than to add to longs.
Well, that's the best advice I can give. Hope everyone is gambling well, being disciplined, and managing risk.
Cheers
Looks like that one panned out for the month. Hope everyone here is good.
Quote Originally Posted by claycourtlesson:
I think that what you saw today is a harbinger for most of this month.
If the morning starts off nasty and gloomy and full of pessimism (like today), I think it is wiser to look to add to longs than add to shorts. BIG MONEY wants this market up "for now," and unless you have inside info, fighting that syndicate is going to get you killed 99% of the time.
And if the morning starts off with cheerleading and hype and hoopla------probably best to look to take money off the table during the day than to add to longs.
Well, that's the best advice I can give. Hope everyone is gambling well, being disciplined, and managing risk.
Cheers
Looks like that one panned out for the month. Hope everyone here is good.
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