Don't pay attention to pre-market. Lots of mistakes and such. Either someone got really lucky or it was just a reporting mistake. Last Trade $4.98 as of 9:35 AM.
Quote Originally Posted by TheBest:
Pre-Market: 3.24-1.72(-34.68%)
wow so sorry depeche thats brutal.
Don't pay attention to pre-market. Lots of mistakes and such. Either someone got really lucky or it was just a reporting mistake. Last Trade $4.98 as of 9:35 AM.
Grinder, I dont look at options volume, it could be people selling covered calls or naked calls. The only way you could tell if it means anything is if the options are on the offer and are being bought versus just traded.
Big$$$,
Yeah I am glad that wasnt a real quote on SQNM.
Grinder, I dont look at options volume, it could be people selling covered calls or naked calls. The only way you could tell if it means anything is if the options are on the offer and are being bought versus just traded.
Update on a few moves I made last wk. Sold by CRDN at 66 to protect about a 10% gain. I got a little spooked about rpts that Congress will be investigating the body armor they produce and figured it might get back down to 60 where I bought it about 2 mos ago.
Used the proceeds from the CRDN sell to buy more HERO at 33. Most of my HERO was bought around 26 prior to their merger w/Todco. It has traded as high at 37 in the last month so I felt getting it at 33 was a steal because I still think it will get to 40 by Sept.
Anyone looking for a stock with alot of momentum should check out CROCS. Even when the market got beat up last wk it continued to climb. My neighbor mentioned it to me about 2 mos ago when it was trading around 60. I think it closed at 90 yesterday. I don't own a pair but both of my kids do and now the attachments to the shoes are a hot item. I'm not sure how long this fad lasts but it doesn't show any signs of slowing down anytime soon.
Update on a few moves I made last wk. Sold by CRDN at 66 to protect about a 10% gain. I got a little spooked about rpts that Congress will be investigating the body armor they produce and figured it might get back down to 60 where I bought it about 2 mos ago.
Used the proceeds from the CRDN sell to buy more HERO at 33. Most of my HERO was bought around 26 prior to their merger w/Todco. It has traded as high at 37 in the last month so I felt getting it at 33 was a steal because I still think it will get to 40 by Sept.
Anyone looking for a stock with alot of momentum should check out CROCS. Even when the market got beat up last wk it continued to climb. My neighbor mentioned it to me about 2 mos ago when it was trading around 60. I think it closed at 90 yesterday. I don't own a pair but both of my kids do and now the attachments to the shoes are a hot item. I'm not sure how long this fad lasts but it doesn't show any signs of slowing down anytime soon.
And amazing movement on CROX..a shoe company trading like this. Well they will turn KKD and get nailed at some time in the future..the time horizon might be long though.
I added some to my IDMI position today at 3.75 and should have nibbled a few minutes ago on POZN but didnt.
Nice trade GVK..
And amazing movement on CROX..a shoe company trading like this. Well they will turn KKD and get nailed at some time in the future..the time horizon might be long though.
I added some to my IDMI position today at 3.75 and should have nibbled a few minutes ago on POZN but didnt.
Nothing is for sure but guys, with the rising 10yr and the market looking like dogsh!t, the time looks right for a short side gamble, or at least putting some cash on the sidelines....
Nothing is for sure but guys, with the rising 10yr and the market looking like dogsh!t, the time looks right for a short side gamble, or at least putting some cash on the sidelines....
Yep..market seems to be dropping, I expect more selling to come so I can wait a bit. I also might cut my total purchase into 3 pieces and just nibble like I am doing with IDMI
Blue Chip..
Yep..market seems to be dropping, I expect more selling to come so I can wait a bit. I also might cut my total purchase into 3 pieces and just nibble like I am doing with IDMI
Wallstreet, any thoughts on Microbix? MBX it is traded in Toronto. It is a samll company with huge potential. They just put out a press relaese on their Sperm sexing technology that can seperate the X and Y chromosomes in the cattle and swine sperm. This has huge poential because it is the only technology of its kind in existence. The potential market according to mbx is 3 billion a year. if your a dairy farmer, you want female cattle and if you are raising cattle for meat you want males. They already have agreements in place for this around the world when it finally hits the market in 08. They also have come up with a way to double the amount of flu vaccine for every batch produced. An independant study has been done on the flu vaccine and the technology works. Patents have been granted in a few countries with the US patent expected to be announced soon. They also have a blod clotting drug called urokinase that is being used by a company in Chicago as part of a cancer treartment drug cocktail. With fda evaluations being done I think. I have been holding this stock for a while and I think I'm pretty close to getting a nice profit on it. I have respected your input on this board and any opinions you might have on this would be greatly appreciated.
Wallstreet, any thoughts on Microbix? MBX it is traded in Toronto. It is a samll company with huge potential. They just put out a press relaese on their Sperm sexing technology that can seperate the X and Y chromosomes in the cattle and swine sperm. This has huge poential because it is the only technology of its kind in existence. The potential market according to mbx is 3 billion a year. if your a dairy farmer, you want female cattle and if you are raising cattle for meat you want males. They already have agreements in place for this around the world when it finally hits the market in 08. They also have come up with a way to double the amount of flu vaccine for every batch produced. An independant study has been done on the flu vaccine and the technology works. Patents have been granted in a few countries with the US patent expected to be announced soon. They also have a blod clotting drug called urokinase that is being used by a company in Chicago as part of a cancer treartment drug cocktail. With fda evaluations being done I think. I have been holding this stock for a while and I think I'm pretty close to getting a nice profit on it. I have respected your input on this board and any opinions you might have on this would be greatly appreciated.
BBI announced a big cut in their unlimited plans, pricing them under NFLX plans. To me this isnt an awesome move, it sure isnt a profitable one. So now NFLX getting nailed (thanks to a good stop I saved my ass there) and BBI up a bit, but now their plans have smaller margin but might get more sales..
Maybe the whole idea is just messed up..
GVK,
BBI announced a big cut in their unlimited plans, pricing them under NFLX plans. To me this isnt an awesome move, it sure isnt a profitable one. So now NFLX getting nailed (thanks to a good stop I saved my ass there) and BBI up a bit, but now their plans have smaller margin but might get more sales..
wall: The fierce competition between the two isn't a good thing for either one. I just know that I continue to frequent the Blockbuster by my house and pay 4.50/movie several times a month. The store has maintained steady traffic for the last 3-4 yrs despite Netflix's presence. I've never thought much of Netflix's system and it appears there are plenty more like me who prefer the physical presence of BBI and the ability to go and rent a movie the same day you want it.
I applaud BBI's aggressiveness.
wall: The fierce competition between the two isn't a good thing for either one. I just know that I continue to frequent the Blockbuster by my house and pay 4.50/movie several times a month. The store has maintained steady traffic for the last 3-4 yrs despite Netflix's presence. I've never thought much of Netflix's system and it appears there are plenty more like me who prefer the physical presence of BBI and the ability to go and rent a movie the same day you want it.
Options expiry is on Friday of this week, AAPL is acting quite sick the past few sessions and the 115 puts are going for less than a buck. The market drops into expiry I bet AAPL goes to 110, even if I bet the stock gravitates to that point for expiry anyway..
It is definately worth a shot, I might pick up 20 contracts or so just to see if I could bang a buck out before friday.
Gamble thoughts here..
Options expiry is on Friday of this week, AAPL is acting quite sick the past few sessions and the 115 puts are going for less than a buck. The market drops into expiry I bet AAPL goes to 110, even if I bet the stock gravitates to that point for expiry anyway..
It is definately worth a shot, I might pick up 20 contracts or so just to see if I could bang a buck out before friday.
A couple of stocks I'm interested in the forums opinions. A small percentage of my portfolio is allocated for riskier plays, but these stocks im seeking advice on are more buy and hold.
GLAXOSMITHKLINE (GSK.L) 1,309p
Trading at its low for 2007. I have been looking for an entry level price to hold for some years. I want some exposure in the European markets.
SILVER WHEATON CORP (Toronto:SLW.TO) @ 11.70 CAD
I already own this but am always looking to buy more on the "dips". Is this stock going to continue its strong run?
A couple of stocks I'm interested in the forums opinions. A small percentage of my portfolio is allocated for riskier plays, but these stocks im seeking advice on are more buy and hold.
GLAXOSMITHKLINE (GSK.L) 1,309p
Trading at its low for 2007. I have been looking for an entry level price to hold for some years. I want some exposure in the European markets.
SILVER WHEATON CORP (Toronto:SLW.TO) @ 11.70 CAD
I already own this but am always looking to buy more on the "dips". Is this stock going to continue its strong run?